United Resource Holdings Group, Inc. (URHG)

[themtharhills]

The OTC website for URHG shows:

Market Value $9,327,234 a/o May 29, 2015
Authorized Shares 200,000,000 a/o Dec 31, 2014
Outstanding Shares 116,736,349 a/o Dec 31, 2014
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 47,605,750 a/o Dec 31, 2014
Par Value 0.001


On May 6th they announced:

"As of April 20, 2015, the existing circuit at Dun Glen mine was shut down and the new circuit and is expected to be up and running in 5-6 weeks.
More updates will be provided during this exciting new time for Dun Glen."

5-6 weeks after May 6th would be June 10 or June 17, so it seems unlikely they would be running the machines just yet. I think they would issue a PR as soon as they do begin running the circuit. I imagine they will have some solid June production to report for their 2nd Quarter report.

This week's steady climb in the pps may indicate confidence that the circuit will successfully produce gold, and that the price may continue to rise until production begins, as buyers recognize this may be their last chance to to pick up shares at a single-digit price. The price just doubled in a week.

There are probably very few people who actually follow this stock and would have noticed. I think that the next couple of weeks will see more volume and higher share prices as more people begin to pay attention. if Monday ends up higher than Friday did, confirming the upward trend, I think the rise in the pps will gain momentum as the week goes on.


- TTH