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Bullboard - Stock Discussion Forum MORRO BAY RESOURCES LTD V.MRB

"Morro Bay Resources Ltd is engaged in gold-silver exploration with mineral interests in the Penoles Project in Mexico. The Company has operations in Penoles, Mexico."

TSXV:MRB - Post Discussion

MORRO BAY RESOURCES LTD > Hi Everyone!!!
View:
Post by Sophia123 on Jan 29, 2014 10:33am

Hi Everyone!!!

HI EVERYONE at Morro Bay Resources bull board blog!!! I hope EVERYONE is having the BEST day!!!!!!!!!!!!

Kinda wierd that NO shares have bin traded yet. Lots of shares on the Ask at like 9.5cents witch is under the last Private Placement at 10 cents. Bid is only at like 7.5 cents!!!I do not think that is good huh???

I do not know much about this kind of starting up thing but doesnt all the current shares belong to like insiders and Riverside Resources and stuff??? I cant quiet follow all the documents and shares to see what is what and who has what. Kinda confusing.

I wuz looking and looking at the AMENDED AND RESTATED OPTION AGREEMENT between Riverside and Morro Bay trying to figer all this stuff out. Have a look at page 29 Schedule B MAP OF PROJECT AREA. I think all of El Capitan and Jesus Maria zones are completly surounded by THIRD PARTY CLAIMS. Is their a THIRD PARTY or is this like just SOMEONE ELSE??? Lots and lots and lots of that PINK area tho maybe that is good. I dunno.

Here is link to sedar documents https://sedar.com/FindCompanyDocuments.do?lang=EN&page_no=1&document_selection=0&industry_group=A&FromMonth=01&FromDate=01&FromYear=1999&ToMonth=01&ToDate=01&ToYear=2015&Variable=FilingDate&Search=Search&company_search=morro+bay

The AMENDED AND RESTATED OPTION AGREEMENT is January 22 document the one just under January 24 press release. Maybe SOMEONE can figer some of that stuff out huh???

Anyway that is what I found so far.

Have the BEST day EVERYONE!!!!!!!!!!!! YEAH!!!!!!!!!! ^_^
Comment by Da1man on Jan 30, 2014 12:42am
Morro Bay was traded on the TSX venture as a captial pool company before this, so there are many shares outstanding that arn't held by insiders. Great analysis so far!!
Comment by Sophia123 on Jan 30, 2014 10:31am
Hiya Da1man!!!  I hope YOU are having the BEST day!!!!!!! Okay thanks I see that now  their wuz SOME trading before Morro got Mexico project.  Quiet a lot of shares traded in 7 to 10 cent range last summer and fall.  Quiet eratic trading huh?? Have a GREAT day Da1man!!!  YEAH!!!!!!!!  ^_^
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