Kbridge Energy Corp. (BMMCF)

[enthalpy]

That is the best news on March 4th!!!! The fact that KEPCO signed 4 deals to build many large projects in Saudi Arabia. I bet that Kbridge Energy is involved directly or indirectly in some capacity!!!!

[Dina]

Strathmore was acquired by Energy Fuels Inc.(NYSE UUUU) 2013 and people from Kepco are now in the management of Energy Fuels Inc.

http://www.energyfuels.com/investors/press_releases/index.php?content_id=261

Energy Fuels and Strathmore Announce Completion of Acquisition of Strathmore and Conference Call to Update Shareholders
September 3, 2013

Energy Fuels Inc. (TSX: EFR) (OTCQX: EFRFF) (“Energy Fuels” or the “Company”) and Strathmore Minerals Corp. (“Strathmore”) (TSX: STM) (OTCQX: STHJF) are pleased to announce the completion of the Company’s acquisition of Strathmore. In this previously announced transaction, Energy Fuels acquired, by way of a plan of arrangement (the “Arrangement”), all of the issued and outstanding shares of Strathmore. The Arrangement was completed under the Business Corporations Act (British Columbia) and was previously approved by the Supreme Court of British Columbia. Under the Arrangement, which took effect at 11:59 p.m. (Toronto time) on August 30, 2013 (the “Closing”), Strathmore shareholders received 1.47 common shares of Energy Fuels for each common share of Strathmore held, and now own approximately 19.5% of the common shares of Energy Fuels currently outstanding.

Also effective as of the Closing, Energy Fuels increased the size of its board of directors to eleven (11) directors. Steven Khan, the former President and a Director of Strathmore, and Eun Ho Cheong, the Vice President Overseas Resources Project Development for Korea Electric Power Corporation (“KEPCO”), have been appointed as directors.

Stephen P. Antony, President and CEO of Energy Fuels commented: “Energy Fuels’ acquisition of Strathmore Minerals is an important step toward achieving our goal of becoming the dominant uranium producer within the US, which is the world`s largest nuclear power market and heavily dependent on imported uranium for over 90% of its supply requirements. Energy Fuels possesses a large, unique portfolio of US uranium assets, which should grow in strategic importance, as we believe the US will increasingly focus on secure, domestic energy supplies. In my opinion, the need for a secure, domestic supplier of uranium for the US market will be underscored following the expiration later this year of the US-Russia HEU agreement, which currently provides approximately half of the uranium supply imported into the US. In the past 15 months, we have grown to become the second largest uranium producer in the U.S., with expected production of approximately 1.15 million lbs. of U3O8 during FY-2013. Furthermore, I believe Energy Fuels now has the potential over time to increase our production, as market conditions warrant, to four to five times current FY-2013 levels, which I believe would represent industry leading production growth potential on a global scale. I am very excited about the future prospects for Energy Fuels and our shareholders, and I look forward to sharing the reasons for my enthusiasm with fellow shareholders on a conference call later this week.”

On August 13, 2013, the shareholders of Energy Fuels approved the acquisition of Strathmore and a share consolidation as described in Energy Fuels’ management information circular dated July 15, 2013, with approval levels being in excess of 99% and 98% respectively. The share consolidation has not been implemented by the Company’s Board of Directors. However, it remains an important, required component of Energy Fuels’ strategy of listing on a recognized US stock exchange, which we believe will benefit the Company’s shareholders by improving access to institutional and retail investors and increasing the trading liquidity of Energy Fuels’ common shares in terms of value traded. Notwithstanding the fact that Energy Fuels’ common shares have been among the top-performing uranium stocks during the past four months, with the Company’s common shares recently trading at and around a 52 week high, the Company continues to evaluate and refine its corporate branding and capital markets strategies in order to further enhance value for its shareholders. To this end, the Company is considering a number of initiatives aimed at strengthening the Company’s corporate brand and capital markets profile, including a modification to the share consolidation ratio and other potential changes, which the Company currently expects to place before the shareholders for approval at a special meeting of shareholders to be held in late October, 2013. Details of such initiatives will be provided in the coming weeks.

Conference Call Friday, September 6th, 2013 at 1pm Eastern Time

Energy Fuels will host a conference call and webcast to update its shareholders and other interested parties on recent developments and ongoing corporate initiatives on Friday, September 6, 2013 at 1pm Eastern Time, details of which will be forthcoming within the next couple of days. An investor presentation, which will be discussed on the conference call and webcast, will also be available on Energy Fuels’ website, approximately one hour prior to the commencement of the live conference call and webcast.

A replay of the conference call and archived version of the webcast will be made available until September 20, 2013. Investors will be able to listen to the replay and access the webcast, which will be archived on the Company’s website.

About Energy Fuels: Energy Fuels is America's largest conventional uranium producer, supplying approximately 25% of the uranium produced in the U.S., and is also a significant producer of vanadium. The Company operates the White Mesa Mill, which is the only conventional uranium mill currently operating in the U.S., capable of processing 2,000 tons per day of uranium ore. Energy Fuels has projects located throughout the Western U.S., including producing mines and mineral properties in various stages of permitting and development. Additional information about Energy Fuels Inc. is available by visiting Energy Fuels' website at www.energyfuels.com or under its profile on SEDAR at www.sedar.com.

About Strathmore: Strathmore Minerals Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of mineral properties in the United States, which is now wholly-owned by Energy Fuels Inc.

Additional information about Strathmore Minerals Corp. is available by visiting Strathmore's website at www.strathmoreminerals.com or under its profile on SEDAR at www.sedar.com.

[enthalpy]

AN old PR with more detail that Mining company Strathmore went out of business. Eitherway Kbridge Energy brokered this deal so they are well connected!!!! Maybe there is an ace up their sleeve!




Retransmission: Strathmore Announces Strategic Investment by KoreaElectric Power Corp. & Phased US $40 Million Joint VentureDevelopment of the Gas Hills, Wyoming

Feb 1, 2012 09:03:27 (ET)


VANCOUVER, BRITISH COLUMBIA, Feb 01, 2012 (MARKETWIRE via COMTEX) -- STRATHMORE MINERALS CORP. ("Strathmore" or "the Company") (otcqx:STHJF) is pleased to announce that it has entered into a strategic Definitive Agreement ("the Agreement") with Korea Electric Power Corporation ("KEPCO"), whereby KEPCO will subscribe for common shares of Strathmore, with the proceeds to be used for the development of the Company's Gas Hills Uranium properties in Wyoming. In addition, the Agreement contains an off-take provision, whereby KEPCO has the right to purchase a portion of any future annual uranium production from Strathmore's properties, subject to pre-existing agreements. Future off-take uranium purchases shall be determined by KEPCO's equity ownership in Strathmore.

As per the Agreement, Strathmore will issue, by way of a private placement, 14,586,182 common shares of Strathmore to KEPCO, at a price of C$0.55 per share, for total gross proceeds of US$8 million. Upon completion of this financing, KEPCO will own approximately 13.9% of Strathmore. The proceeds will be used for a "Phase I" exploration and development program of the Gas Hills Beaver Rim area and for ongoing permitting activities on the Company's nearby lower Gas Hills properties. On completion of Phase I, KEPCO will have the right to participate in a "Phase II" development program, allowing KEPCO to earn up to a 40% interest in the Gas Hills Properties, for an additional $32 million in expenditures, over the subsequent three years.

"Strathmore is pleased to welcome KEPCO as a new valued shareholder and partner," commented Mr. David Miller, Strathmore's CEO. "KEPCO is known for their leadership and foresight in providing long-term solutions for the development of safe and reliable nuclear power and investment in sustainable uranium supplies. Their participation in the development of the Gas Hills demonstrates their confidence in both the value and the potential of this project. The funds provided by the equity private placement will provide the immediate capital requirements necessary to advance this project through the exploration, development and permitting process."

Phase I

To finance the Phase I development of the Gas Hills Properties, KEPCO has agreed to subscribe for 14,586,182 common shares of Strathmore at a price per share of C$0.55, for total gross proceeds of US$8 million. Total gross proceeds from this common share private placement will be used to advance the Gas Hills Properties, in accordance with the Phase I Program and Budget.

Phase II

Following completion of the Phase I development program, KEPCO may elect to establish a limited liability company (the "Project Company") with Strathmore for the further development of the Gas Hills Properties. The Project Company shall be governed by an operating agreement, the terms of which are substantially consistent with the agreement between KEPCO and the Company announced today. KEPCO will be entitled to the delivery of uranium "in kind" from future production of the Project Company based on their proportionate interest in the Project Company, as described by the following terms:


-- In Phase II, Strathmore shall contribute all of the properties and
assets of the Gas Hills project to the Project Company and KEPCO shall
contribute, as its initial contribution, US $12,000,000 to fund the
first year of Phase II program. At such time as KEPCO has made the full
US $12,000,000 initial contribution to the Project Company, it will have
acquired a 15% equity interest in the Project Company.
-- In the second year of the Phase II program, KEPCO may acquire an
additional 12.5% equity interest in the Project Company for a total of
27.5% by funding the second year Phase II program expenditures of an
additional US$10,000,000.
-- In the third year of the Phase II program, KEPCO may acquire an
additional 12.5% equity interest in the Project Company for a total of
40% by funding the third year of the Phase II program expenditures of an
additional US$10,000,000.




The Project Company shall appoint a management committee to determine overall policies, objectives, procedures, methods, actions, and approval of budgets. The management committee shall be comprised of three representatives of Strathmore and two representatives of KEPCO. Strathmore shall be the manager of the Gas Hills Project.

The Toronto Stock Exchange has conditionally approved the US $8 million private placement to KEPCO. Completion of the private placement is conditional upon, among other things, Strathmore and KEPCO completing the proposed off-take agreement. The private placement is expected to close on or about February 10, 2012.

Gas Hills, Wyoming

The Gas Hills Uranium District in Wyoming was the second largest uranium producing region in the United States, having produced 100 million pounds of uranium concentrates from 1957-1989. Strathmore controls over 34,000 acres of mineral claims in the Gas Hills, including approximately 16,000 acres in the highly prospective, relatively unexplored portion of the Gas Hills, known as "Beaver Rim", located to the south of the lower Gas Hills area. The Company has been actively advancing its mine permit application in the lower Gas Hills area for submittal to the State of Wyoming, in addition to a Source Materials License application to the US Nuclear Regulatory Commission.

The technical information in this news release has been reviewed by David Miller, Chief Executive Officer for Strathmore Minerals Corp., a Qualified Person under National Instrument 43-101.

STRATHMORE MINERALS CORP. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties in the United States. Headquartered in Vancouver, British Columbia with a branch administrative office in Kelowna, the Company also has U.S. based Development Offices in Riverton, Wyoming and Santa Fe, New Mexico. STRATHMORE MINERALS CORP. Common Shares are listed on the TSX under the symbol "STM" and trade on the OTCQX International electronic trading system in the United States under the symbol "STHJF".

Korea Electric Power Corporation (KEPCO) is a Korean government-invested diversified energy company with over US$120 billion in assets. The company is involved in the generation, transmission and distribution of electrical power from nuclear, hydro, coal, oil and LNG sources worldwide. Korea Electric Power provides electricity to almost all households in Korea and operates 21 nuclear power plants in the country with seven more under development. The company has over 46,000 employees and is listed on the Korean Stock Exchange and the New York Stock Exchange. ( www.kepco.co.kr )

This news release contains "forward-looking information" that is based on Strathmore Minerals Corp.'s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to the expected closing date of the private placement with KEPCO; the Phase I and Phase II exploration and development plans for the Gas Hills properties; the establishment of the Project Company and the timing and amount of contributions by KEPCO to the Project Company. The words "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Strathmore's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the outcome of the Phase I and Phase II exploration and development programs; the historical resource estimates; changes in economic conditions or financial markets; changes in input prices; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining, or advancing projects; and labour relations matters.

This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Strathmore Minerals Corp. disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

ON BEHALF OF THE BOARD :

David Miller, CEO


Contacts:
Strathmore Minerals Corp.
Craig Christy
Investor Relations
1-800-647-3303
[e-mail]

www.strathmoreminerals.com

[enthalpy]

Nice find last two times it ran in the last 5 years was $1 and $0.50. This appears to be the beginning of a run. Maybe just maybe they have an ace up their sleeves to make this a multi-dollar stock!!!!

Exciting times!!!!! Lets keep our FINGERS CROSSED!!!!!!

[Dina]

Yes and Encana is not bad too. ;)

http://www.encana.com/

It was $1,1b project over 5 years, but not sure
what this means for Kbridge. It´s possible the deal
was never included in the financials, because BMMCF changed the business 2012 and the project started 2010.

http://columbia-capital.com/irdp/encana

Important is, BMMCF management works with these large energy companies together, they have great partnerships, since 2012 it´s our business and then i can imagine what we see in the future. :)

[If you build it-]

KEPCO AND KBRIDGE LINK- $2 billion nuclear reactor deal with Saudi Arabia



OLD NEWS PUTTING KEPCO AND KBRIDGE TOGETHER.

EX-99 2 exhibit991.htm EXHIBIT 99.1
FOR IMMEDIATE RELEASE

KBRIDGE ENERGY CORP.
5836 S. Pecos Road, Suite 104
Las Vegas, Nevada 89120

N E W S R E L E A S E

Las Vegas, NV –KBridge Energy Corp. announces that, concurrent with its name change from Blue Marble Media Corp. to KBridge Energy Corp. which took place in December 2011, management has elected to change its business sector to natural resource development and related projects. Management believes that acting in a consultancy capacity in this industry has tremendous potential for the company.
KBridge intends to facilitate global resource developers with investments from Korean companies in the energy/resource sector. KBridge will provide resource developers with long-term funding options for successful projects, together with ongoing growth opportunities, while assisting Korean companies in securing resource supplies and advancing into the global resource industry.

With its extensive experience in the natural resource sector and existing connections in Korea and North America, KBridge introduced Korean Electric Power Corporation (“KEPCO”), to Strathmore Minerals Corp. (“STM”), and assisted the companies to enter into a definitive agreement on February 1, 2012 in respect of a phased joint venture development of STM’s Gas Hills, Wyoming uranium properties (the “Properties”). KBridge has agreed to provide advisory consulting services to Strathmore in connection with STM’s negotiations with KEPCO for an equity private placement in STM and for project financing in connection with the exploration and development of STM’s properties and signed consultant's fee agreement with STM dated February 17, 2012,

Strathmore Minerals Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties in the United States. Headquartered in Vancouver, British Columbia with a branch administrative office in Kelowna, the Company also has U.S. based Development Offices in Riverton, Wyoming and Santa Fe, New Mexico. Strathmore Minerals Corp. Common Shares are listed on the TSX under the symbol "STM" and trade on the OTCQX International electronic trading system in the United States under the symbol "STHJF".

Korea Electric Power Corporation is a Korean government-invested diversified energy company with over US$120 billion in assets. KEPCO is involved in the generation, transmission and distribution of electrical power from nuclear, hydro, coal, oil and LNG sources worldwide. KEPCO provides electricity to almost all households in Korea and operates 21 nuclear power plants in the country with seven more under development. KEPCO has over 46,000 employees and is listed on the Korean Stock Exchange and the New York Stock Exchange. (www.kepco.co.kr).

Dated at Las Vegas, Nevada, this 24th day of February, 2012.

ON BEHALF OF THE BOARD OF
KBRIDGE ENERGY CORP.


For more information contact Lindsey Shin at [phone].

-----------------------------------------------------------------------------------

South Korea to build nuclear reactors for Saudi Arabia
By Reuters
Wednesday, 4 March 2015 1:42 PM
(Image for illustrative purposes only)
Saudi Arabia and South Korea have signed a memorandum of understanding (MOU) to cooperate on the development of nuclear energy, Saudi state news agency SPA said, building on a deal signed in 2011.

South Korean President Park Geun-hye met with Saudi Arabia's King Salman on Tuesday in Riyadh during an official visit, SPA said.

The MOU calls for South Korean firms to help build at least two small-to-medium sized nuclear reactors in Saudi Arabia, the South Korean presidential office said in a statement.

"If the two units go ahead, the cost of the contract will be (near) $2 billion," the statement said.

Saudi Arabia aims to build 17 gigawatts (GW) of nuclear power by 2032 as well as around 41 GW of solar capacity. The oil exporter currently has no nuclear power.

Those plans are likely to take until 2040, the head of the King Abdullah City for Atomic and Renewable Energy (K.A.CARE), in charge of overseeing such projects, said in January.

On Tuesday, K.A.Care said in a statement: "The two sides will discuss the current mutual activities and ways and means of future collaboration, building on the bilateral agreement already signed between the kingdom of Saudi Arabia and the Republic of South Korea in 2011 with a view to develop and apply nuclear energy for peaceful uses."

That agreement called for cooperation in research and development, as well as in construction and training.

Separately, Saudi Electricity signed four energy-related agreements on Tuesday with US company General Electric as well as South Korea's Korea Electric Power Corp (KEPCO), Doosan Heavy Industries and Construction and Eximbank.

The KEPCO agreement calls for cooperation in development of nuclear and renewable energy.

Al Hassan Ghazi Ibrahim Shaker Co. also signed a non-binding MOU with South Korea's LG Electronics on cooperation in cooling systems for nuclear reactors.

The United Arab Emirates was the first Gulf Arab state to start building a nuclear power plant. In December 2009, the UAE awarded a group led by KEPCO a contract to build four 1,400 MW nuclear reactors to meet surging demand for electricity.

[enthalpy]

Huge...Korean Gas is the worlds largest importer of natural gas

http://eng.kogas-tech.co.kr/main.do

[Dina]

Yes nice day today. I think there are more than 25 shareholders. Stock traded $1 years ago, many people hold only 5k-20k shares.

I have no idea who accumulates. Many things we found out are a reason to buy. No one should ignore a connection to Korea Gas, Korea Electric Power Corporation, Denison Mines... and growing revenue.

[enthalpy]

I am happy and look forward to seeing what the 10K says for this year in July. Anything could happen and these guys are currently running a profitable company. Very well could be a possible news update but I am not going to speculate further. Would be nice to hit a home run here. With the low float anything is possible including dollars!!! But until the company becomes more transparent and provide updates we will have to wait and see.

Everyone hold tight and wait it out!

[enthalpy]

Nice day today. Do you think something is up? Like possible news update or maybe another stock pick. Shows how thin the stock is and it will move on air when we get a real news update. Probably less than 25 shareholders

[Lactobazillus]

Looks sooo good. Seems like it is somebody who know exactly what he/she do :)
Know we have just the half of the fair value compared to the last years Revenue and who knows what they will show us with the Next F20 in mai ?
Or really some new'''''''''''''''s in the Next days ?

[enthalpy]

Crazy spread 0.05 to 0.18. Then changed to 0.03 by 0.13. Anybody think there is going to be a stock pick newsletter or is this just accumulation for an update whenever that happens

[Lactobazillus]

Think so too - it can run direkt up to 2-3-4 $ if we get new's. And they already made some deals With Korea Electric Power Corporation (KEPCO)and others, so it is not only a dream that there i something big in pipeline.

For me it's no problem to wait. Best thing for me is that nobody of the main shareholder sold even one shares since years. Also same no. of shares since years.

if you read the history than you can see that they already tryed to take over another Company - but the deal was canceled and they got there shares back - I think they know what they do and it seems there is no willing to do a toxic financing.

Most haviest think will be not yo sell to early if a good News will come :)

[enthalpy]

It is speculation. But the low float is what makes this attractive. If one of my other stocks hit I may load up to an even 100k and just sit on it for months or years. I mean there were MJ stocks that went from 20 cents to $40 based on BS. So anything solid and we could have a runner.

Its already profitable which is a good thing and based on the PE ratio I dont see why its not at 25 cents. Its because of the lack of transparency and that its a foreign company with the F attached.

[Dina]

Correction, potential is never unlimited.
What i meant i would not be surprised if there is a large project and potential huge revenues to see the stock at $5+, just because of the potential. With 14,5m o/s it´s possible but 100% transparency is needed(details...).

I don´t like to speculate in this direction before it really happens. I prefer to post about things we already know.

[Dina]

All i can say based on last financials it´s undervalued with $871k market cap. 2.5-5m market cap would be reasonable at this point.

If company is involved in large projects(they are/were already, but never released anything) and the market expects good revenue in the future there is no reason why it should not trade multi dollars.

At $1 pps BMMCF would have a 14.5m market cap. That´s nothing if there is a large project and market expects good revenue.

The float is with 3,7m very small and good for great runs, but important long term is, o/s has to be unchanged.

With 14,5m o/s there is unlimited potential if company delivers a successful business and is transparent about it.

[enthalpy]

What do you think would happen if this company was lets say involved in a large project worth $500 million dollars with multiple parties???? With the small float of only 3 million and about 4 individuals owning 1/3 of it. How high do you think it would go? There would have to be a reason to buy the crap out of the stock. But I could see this hitting $1 with 2 million in shares being bought. Then it it would be easy to push it higher with the locked float....Any ideas???

[enthalpy]

Its kinda BS how much of a spread just because people bought 500k shares out of 3 million from float. 0.007 to 0.06. This will move so fast when there is an announcement to make. It could easily go to DOLLARS!

[Lactobazillus]

And Plate posted in September 14

Plate Resources Inc. Announces Definitive Agreement with Nexgeo Inc. and Korea Resources Corporation

September 24, 2014 – Vancouver, British Columbia. Plate Resources Inc. (the “Company” or “Plate”) (TSXV-”PLR”) announces that, further to its news release of August 25, 2014 announcing its execution of a binding term sheet (the “Term Sheet”) with Nexgeo Inc. (“Nexgeo”), it has executed a definitive agreement (the “Definitive Agreement”) among the Company, Nexgeo and Korea Resources Corporation (“KORES”) to replace and supersede the Term Sheet.

Under the terms of the Definitive Agreement, Plate has agreed to grant Nexgeo and KORES and, at the option of KORES and Nexgeo, any other Korean company with which they determine to partner on the Project (collectively the “Consortium”), the right to acquire an up to 70% interest in the Company’s Lucky Mike Project (the “Project”), in consideration of the Consortium making the following contributions in respect of the exploration of the Project:
1.The Consortium is entitled to acquire a 60% interest in the Project by providing to Plate:

(a) An aggregate $500,000 (the “First Exploration Contribution”) to fund an initial work program for the Project, which has been approved by the Consortium. The Consortium must pay $250,000 to Plate not later than September 5, 2014 (paid), and $100,000 to Plate not later than September 30, 2014. The balance of $150,000 must be paid to Plate upon completion of drilling at the Project site pursuant to an initial work program; and


(b) An additional $1,000,000 (the “Second Exploration Contribution”) to fund at least one work program for the Project approved by the Consortium, which must be undertaken and completed by Plate during the period from January 1, 2015 and December 31, 2015; and


2.The Consortium is entitled to acquire an additional 10% interest in the Project, for a total 70% interest, by providing to Plate an additional $1,000,000 (the “Third Exploration Contribution”) to fund at least one work program on the Project approved by the Consortium and to be undertaken and completed by Plate during the period from January 1, 2016 to December 31, 2016. The Consortium must give written notice to Plate of its intention to make the Third Exploration Contribution not later than 60 days after the Consortium has received an official technical report on the most recently completed work program, failing which the Consortium's right to acquire an additional 10% interest will be terminated.

The Consortium has the right at any time to exercise an off-ramp option (the “Off-Ramp Option”) during the term of the Definitive Agreement at its own discretion by giving 30 days written notice to Plate, and upon exercise of the Off-Ramp Option, the Definitive Agreement and all rights and obligations of the parties under the Definitive Agreement will terminate.

If the Consortium exercises the Off-Ramp Option prior to making the Third Exploration Contribution, but subsequent to making the Second Exploration Contribution, the Consortium will retain its 60% interest in the Project and the parties will form a joint venture (the “Joint Venture”) to further develop the Project, with the initial interests being the Consortium 60% and Plate 40%; provided, however, that the Consortium will have no right to acquire any additional interest in the Project.

If the Consortium makes the First and Second Exploration Contributions and elects to make the Third Exploration Contribution to acquire a 70% interest in the Project, Plate and the Consortium will form the Joint Venture with the initial interests being the Consortium 70% and Plate 30%.

[Lactobazillus]

Hi @ all - i'am waiting also since 1.5 years :) but now it looks like there is something in the pipeline.

Good work nikkita :) It's very difficult to find something:
From the last 20F:

As at December 31, 2013, the Company held 1,360,000 (2012 – nil) common shares of Plate Resources Inc. with an original cost of $76,721 (Cdn$81,600) and a fair value of $166,219 (Cdn$176,800) (2012 - $nil). Management estimated the fair value of the shares using the quoted market price on the TSX Venture Exchange.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9993244

[Dina]

Investing in Resource Development Projects

Columbia Capital Inc. has been focusing on bringing Korean investment into Canada's natural resource development projects since 2007.

Korean Clients
Columbia Capital actively supports Korean companies in energy/resources sector or global investment sector in advancing into the large-scale Canadian natural resource industries. Through its own relevant professional networks and the accumulated know-hows, Columbia Capital will provide strategic consultation and project compatibility analysis to find the perfect resource projects and developers for its Korean Clients.

Canadian Clients
Columbia Capital provides Canadian natural resource developers funding for projects of different stages to advance further along with an opportunity for the company to grow. Whether it be a joint development or equity participation, or any others, Columbia Capital will fully support the needs of investee companies and provide the most compatible investors for each company. Furthermore, it will remain as a liaison between the two companies and continuously provide necessary supports as it becomes necessary.

So far, Columbia Capital has brought over $1.8 billion of Korean investment funds into Canadian resource exploration projects, and its search for the new investors and their Canadian beneficiary companies continues.

http://columbia-capital.com/irdp

[Dina]

Agreed, but 3 great deals company was involved they did not release and in my opinion they should share all relevant business information. But they hide everything. About Jai Woo Lee´s Gravis Capital Corp. activity is also nothing in the Kbridge filings.

[enthalpy]

Everything is All good. At some point an update should come out and in the mean time no dilution and a very small float. Hoping if they announce anything that this will be like the Elvis stock SPEA.ob that I had a chance to buy in at $1 in 2003 but failed to do it!

[enthalpy]

Thanks for sharing. I own only 40k shares. The float is only 3 million which makes this attractive so if anything significant is annouced it will go up up and up. Someone bought about 400k shares so this is a good sign of what could be coming down the pipe. Been here for like 1.5 years.

[Dina]

I researched more, Jai Woo Lee was the CEO of Gravis Capital Corporation, a private company.

http://www.manta.com/ic/mt6bt4j/ca/gravis-capital-corporation

And this company was involved in solid energy companies.

http://finance.yahoo.com/news/Fission-Energy-Announces-ccn-3096069807.html

Korea Waterbury Uranium Limited Partnership ("Waterbury Consortium") is a consortium primarily comprised of Korean-based companies. The Consortium is led by Korea Electric Power (KEPCO). Other participating companies include: Korea Hydro & Nuclear Power, Korea Nuclear Fuel Co., Hanwha Corp. and Gravis Capital Corp., a private Canadian uranium investment company.

Fission Energy was acquired by Denison Mines 2013.
Gravis Capital was acquired by Gravis Energy(Jai Woo Lee holds 5m shares, added 2014 more shares).

The waterbury deal from the news is also on columbia-capital.com website, i´m sure this is the website of Kbridge.

I don´t understand why they hide all these information.

They were in really interesting deals involved:

http://columbia-capital.com/irdp/waterbury

http://columbia-capital.com/irdp/denison

http://columbia-capital.com/irdp/encana

http://columbia-capital.com/irdp/gashills

But there was never a pr about it under BMMCF and it was not in the filings for BMMCF, they call the business not Kbridge and hide where the revenue exactly coming from. They are not interested that we buy shares, that´s for sure!
Could be interesting with the next filing.

Closing of Acquisition of Gravis Capital Corporation

The Company had completed the acquisition of Gravis Capital Corporation (“GCC”) and has issued an aggregate of 12,604,025 common shares in its capital stock to the shareholders and creditors of GCC at a deemed price of $0.10 per share (the “Acquisition”). The Company also issued 1,000,000 common shares as a finder’s fee for arranging the acquisition of GCC. GCC holds a 10% interest in a consortium named the “Kepco Consortium” which includes as it members Korea Hydro & Nuclear Power Co. Ltd., Korea Nuclear Fuel Co. Ltd., Hanwha Corporation and Korea Electric Power Corporation. The Kepco Consortium has the exclusive right to earn up to a 50% interest in the Waterbury Lake Uranium Property (the “Property”) located in the Province of Saskatchewan from Fission Energy Ltd (“Fission”) (TSXV:FIS).

[Dina]

A similar pr is on the website http://columbia-capital.com/irdp/gashills
It should be the website.
The phone number 1-778-331-3816
is the same as Gravis Energy and they all use the same address.

But why are there other officers if i click "Contact Us"?

In February 2012, Columbia Capital successfully clinched an agreement between Strathmore Minerals Corp., a Canadian uranium developer, and Korea Power Electric Co. (KEPCO) for KEPCO’s 14% investment in Strathmore for US$8 Million. The agreement includes KEPCO’s right for future off-take purchases which will be determined by KEPCO’s equity ownership in Strathmore.

The $8 Million proceeds of the private placement will be used for a Phase I exploration and development program and permitting activities. On completion of Phase I, KEPCO will have the right to earn up to a 40% interest in the Gas Hills Properties, for an additional US$32 million in expenditures in the properties over the subsequent three years.

Through the investment in the Gas Hills uranium mine, KEPCO will be able to secure approx. 550 tons of uranium annually, which could supply over 10% of Korea’s annual needs, for 20 years starting 2016 when the mine is expected to start production.

The Gas Hills Uranium District was the second largest uranium producing region in the U.S., having produced 100 million pounds of uranium concentrates from 1957 to 1989. Strathmore controls ~35,000 acres of mineral claims in the Gas Hills, including the highly prospective, relatively unexplored portion called Beaver Rim, located to the south of the lower Gas Hills area.

[Dina]

Is http://columbia-capital.com the old website or what is the connection to Kbridge?

Columbia Capital actively supports Korean companies in energy/resources sector or global investment sector with their financial participation in high potential Canadian resource development projects, while it provides Canadian natural resource developers sufficient funding for a larger scale projects along with an opportunity to grow.

The business description is very similar and if i google Jai Woo and the website i find links which show me he announced jobs(?) for columbia capital inc. http://www.jobkorea.co.kr/Recruit/Co_Read/C/columbiacapital?Oem_Code=C1

The old name of Kbridge "Blue Marble Media Corp" is also in the document:
http://columbia-capital.com/files/Columbia%20Capital%20Presentation%20%28Kor%29%20March%202011.pdf

The following link shows Jai Woo Lee as the representative for Columbia Capital Inc.
http://translate.google.de/translate?hl=de&sl=ko&tl=en&u=http%3A%2F%2Fwww.saramin.co.kr%2Fzf_user%2Frecruit%2Fcompany-info%2Fidx%2F6206109

I was looking for something new and a website, but all i could find Jai Woo bought more shares of Gravis last year. And now i know there was one pr 2012 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8453324
But then 2 years absolutely nothing beside the financial report.

A shareholder letter would help!

[Dina]

15:34:51 0.0275 1000 OTO
13:33:09 0.0179 16000 OTO
13:28:23 0.0179 4000 OTO
10:09:31 0.01 10000 OTO
10:09:09 0.01 19000 OTO
10:02:06 0.01 100000 OTO
10:01:37 0.01 100000 OTO

[Dina]

Unfortunately there is a lack of transparency.

What i like, 14,5m o/s, 3,7m float, fully reporting,
revenue increased, no dilution, no convertible debt!

Revenue 2013 $1.188,523 & Net Income $196.000
Revenue 2012 $461,000 & Net Income $206.000

But:

- No website!

- No e-mail address!

- No company description otcmarkets.com!

- No updated share structure otcmarkets.com!

- Not enough informations about the business!

- Never news!

- Gagged TA!

And after i tried to confirm the 14m o/s and 3m float,
i got following answer from TA:

Good Morning,

At this time this company is not fully setup. Please check back to see if it has been fully set up. Have a great day!

It´s sad, because i think share structure is unchanged and stock is undervalued.

They really should work on these problems and act responsible as a public company!

[enthalpy]

Dead in the water? With oil low projects are being cancelled!

[enthalpy]

Thanks. At some point something will happen.

[Lcbm68]

Irrespective of oil price war this little company (with state member ownership - if you know what I mean) is going to grow, and when it does we shall see treble figure gains. Sadly the people behind this company are not the nicest of chaos but they do like money ~ fir that reason alone I bought more shares recently. It's a best egg that will produce $$$$$$$

[enthalpy]

I assume that this project is now dead in the water now that oil tanked or am I wrong?

[enthalpy]

I dont touch stocks will Billions of shares outstanding because they have irresponsible management teams and generally are the pump and dumps!!!!

If nothing happens by June 2015 I am going to sell my position. GLTA!

[Lcbm68]

This is not dead my dear but dormant. This will kick back up in early spring 2015. Keep your eyes on this one.

But if you want a quick flip - get into FLPC now, 100% gains are for the taking - so for a quick $10,000 you can make some pocket money fast

[enthalpy]

Well one full year and still no updates. I guess the insider ruined this deal. It might take a few years to find another banker lined up. With the price of oil dropping is this deal dead in the water?

[Lcbm68]

Definitely potential > worth buying at the current low price $$&&

[enthalpy]

Thanks... I wonder if the share price will touch a $1.00 with only 3 million shares outstanding!

[Lcbm68]

funding was halted due to suspicions of insider going ons at that time leading to an investigation on the stewardship of the company ~ all been kept quiet, but information relayed to me recently that the important information made it to those on the ground and prevented things from snowballing. The signs now are that this share will be climbing after new financing arrangements planned now for late November 2014

[enthalpy]

This still possible or did the deal fall apart?

[enthalpy]

Think its going to be 2015?

[enthalpy]

This is sucks that there is no updates. The only good thing is the company is making a profit.

[Lcbm68]

This stock will get more attention in the coming weeks - news is around the corner of funding $$$

[enthalpy]

Well its been 6 months and nothing. You think by April 2015 something will get announced? I know the stock market is a game of patience. I also remember how hard it is to buy shares of this low floater. So if it does get a significant update it will be very VERY hard to get filled.

[Lcbm68]

This company is working on a $3.2 billion oil and gas project for Uzbekistan in a support role with Hyundai design engineering and construction along with a local company called Enter Engineering - the deal and supply of equipment and materials is just about to start kbridge energy is about to be shit in he arm any day - sky high profits to be made and this information is fresh like very fresh of the press - so lock n load to make big $$$&&&&&&&&&

[enthalpy]

You think it is still in the cards?

[enthalpy]

Not bad still 2 million in accumulated debt but making profit. They doubled the revenue. If they can double it again and keep better control of expenses could see maybe $400k in profit.

If they secure any large contracts to negotiate could be very lucrative.

[Obelax]

14mille O/S !!

[Obelax]

News out!!!

[Lactobazillus]

Hi, form NT20F is still out since the 30th April so the form 20F have to be out within the next 3 days - maybe TODAY ?
Good Luck to all.