Well once this gem traded around 250 dollar in the autumn of 2007, heck that's less than four years ago...

Only topping to that good old days would give us a real 1000 bagger here, yes that means every 1000 bucks you invest now will change to one million! That's still worth if it takes 4 year again to reach the old top imo...

Though that also means that the 50 million financing will bring this unpatented mining claimer to a confusing over 50 billion value company. Realistic I just think that's a few zeros to much for this gem. Yeah, sometimes it's just to much in one life.

The URXE leadership team:

Information from the website: http://mustangeothermal.com/

Richard Bachman, President and Chief Executive Officer: Mr. Bachman is a successful manager with 26 years of experience in mining and mineral exploration including 15 years of international experience in South America, Africa, Asia, and Europe. His strengths include designing, implementing and directing successful acquisition and exploration programs throughout the world.Mr. Bachman’s work experience includes 22 years working with Homestake Mining Company in various capacities ranging from exploration to mine operations. Mr. Bachman holds a Bachelors of Science degree in Geological Engineering from the South Dakota School of Mines and Technology and is a Certified Professional Geologist with the American Institute of Professional Geologists.

Brian Cole, PGEO, QP, Director: Brian Cole is a Canadian Certified Professional Geologist with over 29 years of diverse mineral exploration experience in gold, uranium, base metals, and diamonds in many places of the world. Mr. Cole was a staff Geologist for Placer Dome Inc. over 11 years in Canada and East Africa. Following that, Mr. Cole was an Associate Partner in a consulting firm offering project management services and supervised the office in Ghana, West Africa for 3 years. Mr. Cole routinely consults for clients in North and South America and advises in matters of mineral exploration strategy, project management, quality controls, resource estimation, and regularly prepares qualifying reports for securities exchanges on the behalf of his clients.

Kevin J. Pikero is a Certified Public Accountant (CPA) with over 30 years experience in commercial finance, accounting and corporate fiscal policy. Mr. Pikero received his Masters Degree in Business Administration and Finance from the University of Bridgeport, CT and has been involved in almost every facet of financial world. Before commencing his private accounting firm, Kevin J. Pikero & Associates Inc., Mr. Pikero has served as a CFO of United American Funding Inc. and VP/Senior Credit Officer/Commercial Finance of several regional banks and credit institutions.


Mustang Geothermal’s management and expert team have over 100 years of combined experience in exploration, mining, development, infrastructure and geothermal energy. The core of the executive team has gained its experience internationally and possess the full gambit of experience in ensuring timely execution – from exploration through to operation. We are focused on advancing the previously unexplored targets identified by our combined set of prospecting tools and exploration experience. We are the exception.

.

Hey, and nice URXE website.................

http://mustangeothermal.com/

Something many of our little companies could take a lesson from.

You know what comes to mind! LOL

info@RisingPennyStocks.com

Here is the URXE email press release from last night......



Hello, Traders.

The Company that I am highly encouraging everyone to look at today is URXE (Mustang GeoThermal Corp.).

URXE is a renewable-energy company focused on the exploration, evaluation and development of clean, sustainable geothermal power and other “green” energy sources.

And Nevada - where the URXE is based - is reportedly ranked second in Geothermal Elecrical Power Production in America.

Moreover, what many people don't realize is that the Geothermal Energy Sector is in a non-fossil fuel energy source that is being utilized NOW!

That includes homes, multi-residential complexes and commercial buildings.

And, per my earlier email, URXE just released a MASSIVE fifty million dollar financing announcement which could catapult shares and generate a substantial increase in volume and liquidity.

So, all factors in consideration, this could be a solid trade idea in the near term based on the news; and a potential chartbuster in the mid to long-term based upon the revenue expansion possibilities.


Why Do Some Trading Experts Say Geothermal Energy A HOT Investment?

Geothermal energy taps into underground wells and steam channels and uses this to turn turbines, which generates electricity.


Geothermal produces no greenhouse gases and unlike solar or wind, the plants are base-load power sources, providing energy 24-7, 365 days a year.


Heating and cooling is a renewable thermal energy from electrical energy used to power the pumps and compressors.

The technology could be reversed to cool consumers home without using fossil fuels.

Based on my research, replacing a fossil fuel system with geothermal immediately cuts a typical household energy emissions by 50%, the equivalent of taking four cars off the road.



Geothermal Energy Provides NO Carbon Footprint!

Geothermal energy is power extracted from the heat stored in the earth’s core. The Earth’s internal heat naturally flows to the surface by conduction, and is replenished by radioactive decay of minerals.

Consequently, the life-span of geothermal power generating facilities is expected to exceed 50 years.

Geothermal development is increasingly supported by a global financial market. A growing number of countries are facilitating geothermal development projects around the world.

Numerous countries have noticed the potential of this energy and are rapidly seeking to acquire it including Australia, China, Germany, Iceland, Italy, Japan, and the US.


Watch URXE Trade...Put the Symbol on Your Radar

With the spike in volume, and momentum surging, there is a high possibility that URXE can appreciate even more in value during the coming days especially if resistance proves to be as light as indicators suggest.

URXE has achieved a boost during Tuesday’s market as traders witnessed the oversold position, driving shares up by more than 24%.

And remember, the previous news release from last Friday moved the equity as high as about 50%... and at current trading levels combined with light resistance, URXE could make another surge upwards.

So, put URXE on your radar and watch it trade.

Best Regards,

info@RisingPennyStocks.com

www.RisingPennyStocks.com



Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. ************************************************************

Ah yes, and Rind came to my mind and I made reference to my disillusionment with the "unpattented Uranium claims" in one of my posts here this evening. LOL

You are right on it my friend. But wait! Don't stop there as all unpatented Uranium claims may not necessarily be the same.

I'm only suggesting that you take a little time and kick back and relax a bit and do a little reading about what is going on around URXE, which only includes the 137 unpatented Uranium claims as a sidebar to what may become a real NYSE play. Just a thought! Just suggesting that you watch and read and share a little here and don't invest a penny. Not one penny. Just watch and wait and see whether this is a fools play or not.

I'll be interested in discussing this with you as we progress in our research. Hey, the board is less than 24 hours old and I only have one email sent off to the company so far. We have only begun our research here. You know, as in "We've Only Just Begun". LMAO

You are up late tonight! Or is it early. Ha! I'm on my second dinner and need to get some sleep. This was just so interesting to me.

.

Who is Mr. Richard Bachman

First off, I must comment my respect and appreciation of Mr. Bachman's background. He represents so much of what I have respected in the engineers and businessmen who have built our modern day world, the backbone of our skyscrapers and the economic ground they stand on. This is an excellent first impression overview as we dig deep for our "DD".

http://people.forbes.com/profile/richard-bachman/83190

President and Director
Mustang Geothermal Corp
Reno , NV
Sector: BASIC MATERIALS / Industrial Metals & Minerals
Officer since July 2006

55 Years Old
Mr. Bachman has been the President and a director of our company since September 28, 2005. Mr. Bachman?s work experience includes 22 years working with Homestake Mining Company from 1980 to 2002 in various capacities ranging from exploration to mine operations. From 1995 to 1998, he was the Regional Geologist for Brazil where he directed a staff of 46 and was responsible for a $2.5 million annual exploration budget. He conducted a countrywide assessment that resulted in the acquisition of a one million hectare property in a 20 million ounce gold district in the Amazon. From 1999 to 2000 Mr. Bachman was the Regional Geologist for Peru where he directed a staff of 10 and refocused Homestake?s existing exploration program, which resulted in the evaluation of 83 properties in 24 months and yielded one new discovery. From 2001 to 2002, he was Homestake?s Regional Geologist, International Special Projects, where he designed and successfully implemented reconnaissance programs in southern Argentina that resulted in the evaluation of 63 properties with five advancing and the coordination and field review of 22 properties. From 2002 until now, Mr. Bachman has acted as President and Consulting Professional Geologist for Minera Teles Pires Inc., a Reno, Nevada company. Mr. Bachman holds a Bachelors of Science degree in Geological Engineering from the South Dakota School of Mines and Technology and is a Certified Professional Geologist with the American Institute of Professional Geologists.


:)





NOTE: IMO not intended as investment advice. I seek out knowledge, facts, wisdom and excellence in the pursuit of my craft hopefully resulting in profits.
http://www.otcmarkets.com/home
http://investorshub.advfn.com/boards/education.aspx
http://www.traderslibrary.com/
http://stockcharts.com/school/doku.php?id=chart_school

Eyes on the future: http://www.spaceportamerica.com/.

Well unpatented mining claims bring me a short remember to our favorite RIND. Well the name and locations changed but the rest keeps the same here in my opinion. A 1:200 R/S was even better than RIND in their good ol'days...

137 unpatented Uranium mining claims.....................

Argh, where I have invested in unpatented mining claims before only to lose my ASK, my BID, the whole works. But not to take it out of context, that other company was microcap, subpenny and had nothing in the works such as what I find disclosed with URXE.

But I admittedly have a weakness for the idea of Uranium. I was born on the cusp of the atomic age with the Hiroshima and Nagasaki bombings and have visited those sites. I grew up watching the nuclear tests at the Nevada sites and watched with awe as Sputnik circled overhead with a menacing eye as we as school children practiced diving under desks and shielding ourselves from the threat of glass shards and the burning light. Yep, Uranium is much much more to me than those early memories and like so many, I may be attracted to investment risks I would not otherwise take as a result of my believe in alternative energies.

There are a lot of Uranium unpatented claims around the globe. Those and rare Earth materials and it is difficult to sort fact from fiction when the carpet baggers come to town. But perhaps we can do that here as it appears that Mustang Geothermal may just have enough filings and documenting and the willingness to assist us in seeing fact and separating it from fantasy. At least that is the line in the sand I look to draw.

InsideStocks trend analysis..............

http://www.insidestocks.com/texpert.asp?sym=URXE&code=BSTK

Their only BUY signals:

7 Day Average Directional Indicator BUY
10 - 8 Day Moving Average Hilo Channel BUY

The rest are RED. Take a look.


But this should be no surprise with the downward trending and a fresh base forming. Really looks like a good BUY time has taken shape for a quick flip off the media pump currently in process. While that may sound derogatory, I wouldn't be so certain of that.

Sentiments appear to be developing and growing for the company of recent and most certainly global energy needs warrant the interest and investment and if this were such a lark, I doubt that it would be trading at a quarter. The current value tells me that there is some confidence, though admittedly thin. Financing options on the table tell me that this could go ballistic. While that is forward thinking on my part, that and the sector attract my interest considerably here.


:)


NOTE: URXE IMO not intended as investment advice. I seek out knowledge, facts, wisdom and excellence in the pursuit of my craft hopefully resulting in profits.
http://www.otcmarkets.com/home
http://investorshub.advfn.com/boards/education.aspx
http://www.traderslibrary.com/
http://stockcharts.com/school/doku.php?id=chart_school

What's this 1:200 RS? Geeeezzzz........

Boy, that's a RED FLAG and a half to many folks, particularly in looking at the charting since. Oh, looks like some possible basing around 0.25 building strength. Not to get too excited. Anyhow, what was that July 22nd 1:200 split all about last year? Well tally ho, financials to beat the band and its all right there for our viewing pleasure. One step at a time, let's dig this split out. Maybe we can gather reasanong on a subsequent post.

UREX ENERGY CORP.
FORM 8-K
(Current report filing)
Filed 07/22/10 for the Period Ending 07/22/10

News being pumped.................

And what will come of this, another of those long mining and energy ventures, which draw down capital as though they were government with printing presses.

Even Bar Chart says to sell:

http://barchart.com/quotes/stocks/urxe

52Wk High 1.4900 52Wk Low 0.0050
Today's High 0.2500 Low 0.2200
Open 0.2500 Prev Close 0.2300
Volume 6,341 Avg Volume 5,915


With this low of a daily trading volume and a very high expense to earnings long term start-up ratio, where can this go fast! Not far. And to be a swingers delight, conservative at best! So where is the hope?

GOT MY ATTENTION:

Mustang Geothermal Enters Into Letter of Intent for International Financing
PRNW - Wed Jun 22, 3:05PM CDT

RENO, Nev. , June 22, 2011 /PRNewswire/ -- MUSTANG GEOTHERMAL CORP. (OTCBB: URXE) ("Mustang" or the "Company") announced that on June 21, 2011 it entered into a non-binding letter of intent with ARG Vermogensverwaltung AG of Munich, Germany , to arrange for a material definitive agreement securing fifty million dollars in funding to the Company. The terms of the non-binding letter of intent include a proposed two tranche funding of twenty five million dollars each.

(Logo: http://photos.prnewswire.com/prnh/20110408/LA79811LOGO )

The proposed funding is conditioned upon ARG Vermogensverwaltung AG and the Company entering into a Memorandum of Understanding within 30 days and the Company obtaining a trading listing on the Deutsche Borse trading exchange in Germany . After obtaining the trading listing on the Deutsche Borse, and completing the other terms and conditions and normal requirements of due diligence for the Memorandum of Understanding, the Company and ARG Vermogensverwaltung AG will enter into a Material Definitive Agreement to finalize the proposed delivery of the funding to the Company.

Richard Bachman , the President and CEO of the Company stated, "We are excited to begin the funding process with ARG Vermogensverwaltung AG. The Company is determined to use its best efforts to move the process forward and to obtain the trading registry on the Deutsche Borse exchange as soon as possible, and to then complete due diligence and the Memorandum of Understanding to move this forward to completion and obtaining the funding that will fuel our exploratory green geothermal operations and green energy production."

"ARG is very excited about the prospects of providing Mustang Geothermal fifty million dollars and we look forward to a close relationship," said a spokesperson for ARG. "At ARG we look for companies that have an impressive and motivated management team and a clear path for capital expansion. ARG sees this as being the case with Mustang Geothermal and therefore we feel we want to be part of this structure from a capital perspective and are interested in pursuing a longer term strategy with whereby ARG has the ability on a first right of refusal for further financing to grow and expand Mustang Geothermal, Inc. beyond its current and immediate plans."

About Mustang Geothermal Corporation

Mustang Geothermal owns a 100% interest in 8,041 hectares of Federal geothermal leases in six project areas in the state of Nevada and holds 3,600 hectares of geothermal exploration concessions in four project areas (Banosdel Inca, Paclla, Ninobamba, & Condoroma) in Peru . Mustang also owns a 100% interest in the La Jara Mesa Extension uranium property consisting of 137 unpatented mining claims in the Grants Mining District, Cibola County, New Mexico .

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.

On behalf of the Board:

" Richard Bachman "

___________________

Richard Bachman

CEO and Director

MUSTANG GEOTHERMAL CORP.

For further information on the Company, please call our investor relations group at 702-530-5744 or by e-mail at info@mustangeothermal.com , or visit our website www.mustangeothermal.com

SOURCE Mustang Geothermal Corporation



:)
NOTE: URXE IMO not intended as investment advice. I seek out knowledge, facts, wisdom and excellence in the pursuit of my craft hopefully resulting in profits.
http://www.otcmarkets.com/home
http://investorshub.advfn.com/boards/education.aspx
http://www.traderslibrary.com/
http://stockcharts.com/school/doku.php?id=chart_school

LiquidTycoon is on it ..

nice news , if the float is under 1M this one could pop very well

tomorrow could be interesting ..

Saw that in the old board .. im trying to find out the float ..

From their Website : It is reported that geothermal resource potential in Peru has approximately 3,000 MW capacities for generation of electric energy. Electricity generation in Peru currently comes largely from thermal and hydroelectric sources. At the end of 2008, the country had a total installed generation plant capacity of 7,200 MW, from which 32,500 GWh of generation was achieved. With increased awareness of global climate change, the impact of gas-fired thermal electricity generation on the environment, and estimates that that electricity demand will increase from 6.1% to 8.5 % annually in 2010-2017, Peru has been vigorously promoting the generation of electricity through non-traditional renewable energy generation processes (i.e. geothermal, wind, solar, etc.). This interest has been recently formalized in Government Decree 1058 (of June 27, 2008) which aims to promote the generation of renewable power through providing significant tax incentives. This new law, along with other new legislation, provides a favorable government as well as legal and regulatory framework for geothermal exploration (and ultimately geothermal power production) in Peru.

Numerous hot springs are known to occur in the area. The Instituto Geologico Minero Y Metalurgico (INGEMMET) provides information on the location and properties of known geothermal occurrences in Peru. No geothermal field has been drilled in the Southern Volcanic Cordillera. However, the government of Peru has considered the utilization of geothermal resources for decades.

In the 1980’s, during Peru’s National Plan for Expansion of the Electric Frontier, Electroperu initiated geothermal exploration throughout the country. During this time geothermal areas within the Southern Volcanic Cordillera were outlined. The Lease is located in the Cailloma geothermal field. Again, in the late 1990’s INGEMMET studied more than 100 hot springs and associated surface precipitates.

Mustang Geothermal holds 3,600 hectares of leases in South America. Properties include:

Banos de Inca | Paclla | Ninobamba | Condoroma

Some are saying less than 1 Million float

company's Website : http://mustangeothermal.com/

Richard Bachman, the President and CEO of the Company stated, "We are excited to begin the funding process with ARG Vermogensverwaltung AG. The Company is determined to use its best efforts to move the process forward and to obtain the trading registry on the Deutsche Borse exchange as soon as possible, and to then complete due diligence and the Memorandum of Understanding to move this forward to completion and obtaining the funding that will fuel our exploratory green geothermal operations and green energy production

About Us : Mustang Geothermal owns a 100% interest in 8,041 hectares of Federal geothermal leases in six project areas in the state of Nevada and holds 3,600 hectares of geothermal exploration concessions in four project areas (Banosdel Inca, Paclla, Ninobamba, & Condoroma) in Peru. Mustang also owns a 100% interest in the La Jara Mesa Extension uranium property consisting of 137 unpatented mining claims in the Grants Mining District, Cibola County, New Mexico.

Some Newsletters out on this one for tomorrow

RENO, Nev., June 22, 2011 /PRNewswire via COMTEX/ -- MUSTANG GEOTHERMAL CORP. (OTCBB: URXE) ("Mustang" or the "Company") announced that on June 21, 2011 it entered into a non-binding letter of intent with ARG Vermogensverwaltung AG of Munich, Germany, to arrange for a material definitive agreement securing fifty million dollars in funding to the Company. The terms of the non-binding letter of intent include a proposed two tranche funding of twenty five million dollars each.

Mustang Geothermal Enters Into Letter of Intent for International Financing