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I noticed the CEO is not selling shares. I wonder if good news will come appear. I've been holding a little position since 2009. Would be nice to see some good news with gold shooting up and all.
and waiting....
phie news:PHILand Ranch to Host Groundbreaking Ceremony for Pointe91 Luxury Resort and Elite Residential Community in Chu Lai, Vietnam
?
where is phiG news?
asked this MR. daniel.stjohn@phiglobal.com
what about the Mayse mae and why i no finde nowhere moore about this ???????????????? and it's gone on phig homepage
waht is matter hapend with this mae ????????????????????????
still waiting...........
Indochina Resources, Inc. Signs Agreement with AXN Group, LLC to Cooperate in Assembling and Operating a Portfolio of Industrial Minerals and Natural Resources
02/3/2011
PHI Group, Inc. announced that its wholly owned subsidiary Indochina Resources, Inc. has signed an agreement with AXN Group, LLC to cooperate in assembling and operating a portfolio of industrial minerals and natural resources in the wider Indochina region including Vietnam, Laos, Cambodia, Myanmar, Thailand and the Malaysian Peninsula. According to the agreement, AXNG and Indochina Resources will jointly organize, arrange, acquire, contribute and operate a portfolio of industrial minerals and other natural resources originated from the wider Indochina region for mutual benefits of both companies. Under the agreement, AXN Group will own 11,200,000 shares, equivalent to 50%, of Indochina Resources stock. In addition, PHI Gold Corporation will distribute 3,000,000 shares of Indochina Resources stock to its shareholders of record as of February 28, 2011.
eternal silence, even dlee is silent on this
Has There Been Any News I'm Not Aware Of...?
What else to update?
hi there!! not sure, need update asap
Still Here...Are We Getting Close...?
Volume - Is This Ready To Move?
"..For the next twelve months, the Company intends to focus on the following business activities: (1) mergers and acquisitions and consulting services through is subsidiaries PHI Capital Holdings, Inc. and PHI Vietnam Holdings; (2) mining through its majority owned subsidiary PHI Gold Corporation and minority interest in Tricon Gold Corporation; (3) energy and oil and gas through PHI Energy Corporation and PHI Oil and Gas Ltd; (4) real estate development through Philand Ranch Ltd, Philand Corporation, and Philand Vietnam Ltd; and (5) other special situations including but not limited to reforestation, healthcare, waste management, pulp and paper that may have the potential to create substantial shareholder value..."
http://www.sec.gov/Archives/edgar/data/704172/000114420411031758/v223710_10q.htm
page 27
I sold this at .15 months ago. I was just wondering what happened to divi. You gotta love stinkie pinkies.
at first we love to see the divi-distribution of PHILAND......but you bought a HF-related stock...that means all is fluffy, inclusive announcements of divi-distributions........the only real fact is selling shares to Asher with a discount of nearly 50%.....D I L U T I O N is on the way
where is the divi distribution from 2/28????????????
RULES AND HOW NOT TO GET DELETED:
A nice summary from 'illflyifyoubuy'
Originally posted here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60835308
Quote:STAY ON TOPIC...
IF PART OF YOUR POST IS OFF TOPIC, IT'S DELETABLE..
IF YOU'RE POSTING ABOUT DELETIONS, IT'S DELETABLE..
IF YOU'RE POSTING ABOUT OTHER STOCKS, IT'S DELETABLE..
IF YOUR POSTING ABOUT ANOTHER PERSON AS A PERSON, AND NOT ABOUT THEIR POSTED STATEMENTS...IT'S DELETABLE...
IF YOU'RE POSTING ABOUT SOMETHING THAT'S NOT MATERIAL TO [PHIG], IT'S PRODUCTS, PEOPLE IN SOME SIGNIFICANT/MATERIAL WAY..IT'S DELETABLE..
AND IF YOU'RE ABOUT TO WRITE THAT ANY PARTICULAR "SIDE" IS FAVORED...SAVE IT...READ THE ENTIRE DAY'S POSTS...AND SEE WHAT REMAINS ON THE BOARD...EVEN THE MOST OFFENSIVE, IF NOT AGAINST RULES, THEN IT STAYS...SO SAVE TALK ABOUT FAVORITISM.
THANKS,
--------------------------
[please read and understand] HOW NOT TO HAVE YOUR MESSAGE DELETED 101
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Here is the link to IHUB Rules for Deletions
ihwiki.advfn.com/index.php?title=Handbook#Deletion_of_Posts
Everyone should read them before posting so they understand IHUB Rules. You don't have to agree with them, but you have to follow them.
They did put a lot of work (and probably money) to launch this website. Just try to click those flags at the top of the screen. :) With the float just under 1.5 mln shares PPS should explode at some point. Hopefully soon.
WOW !!
Is that the new site ?
Great, this will lift of soon imo
I would think the season starts soon.
Can You Add The Web Site To The Ibox? http://phigoldcorp.com
Shouldn't Mining Begin Soon At Maisy Mae?
No I didn't. Just checked out - they have not even registered new stock "Indochina Resources" yet. Still a private subsidiary of PHIG:
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=119113898
Probably some kind of delay. According to the PR, when it's registered - the dividend shares will be distributed. When I contacted the company a few months ago they also told me that separate website for Indochina Resources will be opened.
Did you get your divi?
thanks, i also have a strong feeling that one of these days we go to the moon:)
i expect a strong next month too
Welcome Aboard! Things Will Be Poppin' Soon!
things are looking up.. hard to believe til pps move up. but yes.. setting up for something good here, imo
They also planned to launch new website for Indochina Resources, Inc - PHIG spin off. We are slowly moving in the right direction. IMO.
new phig webpage is online
http://www.phigoldcorp.com/
ATTENTION: The following is entirely on topic!
silbersel...
The following has been copied from www.investopedia.com :
What Does Letter of Intent - LOI Mean?
1. An agreement that describes in detail a corporation's **intention** to execute a corporate action. The letter of intent is created by the corporation with its management and legal council, among others, and outlines the details of the action.
Can anyone be held liable for their misguided intention?
I passed my Series 7 2-89, and my 24(General Securities Principal)in 7-97. From 2-89 through 6-97, my cohorts & I made
literal FORTUNES off of PR's of LOI's. Had to curtail the practice in 7-97, when I became a Principal (Branch Sales Manager).
If search engines were around back then, I would have started every day with a search of that days pr/newswire stories of penny stocks
who had just signed the infamous "LETTER OF INTENT"!
We joked that the true meaning was that two companies had a phone call, and AGREED that sometime in the future, they might TALK about getting involved in some sort of JOINT VENTURE...MAYBE!
Same Henry, different day!
PEB64
PHI Energy expects to conclude a joint venture agreement with Garuda Coal within 30 days of the signing of the letter of intent. PHI Energy will be the controlling shareholder in the joint venture company, providing off-take contracts and financing to the project while Garuda Coal will be responsible for securing necessary concessions rights and managing local administrative and regulatory affairs.
now we have nearly 60 days left.....Oh Henry....too much cocaine? Don't know....
I'm not your mom, go cry to someone else.
monday, monday......
This is going to fly. I can see some activity, obviously something is going on. This is very good. I am glad to be in this great stock. Cannot wait till we reach $1. See you then. You are going to massively cry when this runs.. Yes, you will weep.
It's going to fly like PIGS OUT OF MY ARSE!!
wasn't there supposed to be some dividend here? lol
...and now...???????????........I've seen no news on monday ....
Typically in modern application of the English language, one tends to imply the following Monday of the aforementioned statement.
which monday do you mean? monday this week, this month, this year? Monday on earth or monday on mars?
lets wait an see
Because life is a game and every knows it.
why should she run on monday?
I hope this runs to a dollar on monday.
There is no problem buying the shares of PHIG PHIE CATA you can buy as many as you want. The problem comes when you try to sell them at cost or higher, can only sell lower to get some money back. More fluff news, not even written up very well.
thanks turn around. Good luck getting shares people! hahaha
Updates on my trip to Asia, February-March 2011
von Henry Fahman, Donnerstag, 10. März 2011 um 05:54
Vietnam:
- preparing final stage for securing Certificate of Land Use Rights at Pointe91; Ground-breaking Ceremony shall be on April, 15, 2011; construction shall begin in May, 2011 and is expected to complete in 2016.
- detailed 1/500 planning for Phase 1 has been completed, and been submitted to Authority of Chu Lai Opening Economic Zone for construction license.
- negotiating for PHI Medical on signing definitive contract for acquisition of Pho Quang Hospital
- negotiating for PHI Group on cooperation agreements with Beta Securities, Inc.
Laos:
- negotiating with relevant authorities for execution of advisory services to a Korean conglomerate for participating in multi-USD million UN-sponsored projects in Laos.
Cambodia:
- negotiating with Ministry of Natural Resources of Cambodia for Indochina Resources, Inc. to invest in potential mining projects
Indonesia and China:
- negotiating for PHI Energy Corp. on completion of coal mining and trading transaction with revenue amounting to hundreds of USD million per year.
Republic of Korea:
- verifying and confirming the tangibility of some projects and signing off necessary documents as required by US SEC on behalf of Catalyst Resource Group, Inc.
http://www.facebook.com/notes/henry-fahman/updates-on-my-trip-to-asia-february-march-2011/189122497793206
Awesome find. Crazy beautiful too!
take a look at OUR gold mine
http://maisymae.com/
I think once the website is up... PHIG makes some waves.
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Welcome To PHI Mining Group
http://phigoldcorp.com
Latest News
Dec 07, 2010 13:36 ET
LOS ANGELES, CA and FRANKFURT, GERMANY--(Marketwire - December 7, 2010) - PHI Mining Group, Inc. (PINKSHEETS: PHIG) (FRANKFURT: RPBA), a majority owned subsidiary of PHI Group, Inc. (OTCBB: PHIE) (FRANKFURT: PR7) (XETRA: PR7), announced today that the company will change its name to PHI Gold Corporation to reflect its sole focus on gold mining. The company will spin off Indochina Mining Corp. as a separate entity engaged in industrial minerals.
PHI Gold Corporation will use the recently acquired Maisy Mae Creek gold mine in the Yukon Territory, Canada as a platform for additional acquisitions of other gold mines. The company currently has made three offers on mines similar to Maisy Mae and is investigating other gold ore properties in the U.S. and Asia.
As part of the restructuring plan, PHI Mining will declare a special dividend of Indochina Mining Corp. stock to shareholders of PHI Mining and register Indochina Mining as a separate public company. Indochina Mining will concentrate on non-gold and other industrial mineral properties.
PHI Gold Corporation will continue to complete the audits of its financial statements and file the required reports with the Securities and Exchange Commission to regain its full reporting status on the OTCBB and upgrade to a senior exchange in the future when appropriate.
Currently PHI Mining Group has 200 million authorized shares, of which 22,424,628 shares are issued and outstanding and 1,428,286 are free trading. PHI Mining does not intend to issue new shares for these contemplated acquisitions. The Company expects to complete the name change and declare the special dividend by December 31, 2010.
Henry Fahman, Chairman of PHI Mining Group, said, "We believe that by making these changes we will be able to create greater value for our shareholders. We look forward to providing further updates on the company in the coming weeks."
About PHI Mining Group
PHI Mining Group is a U.S.-based mining and exploration enterprise focused on acquiring and developing gold, silver, copper and industrial mineral properties. The company owns Maisy Mae Creek Gold Mine, a producing mine located in the Dawson Creek Mining District, one of the richest gold bearing areas of the Yukon Territory, Canada. Through its wholly owned subsidiary Indochina Mining Corporation, the company has also signed agreements with several partners in South East Asia to engage in mining of industrial mineral properties. PHI Mining Group is committed to high standards in the areas of environmental management and health and safety for its employees and neighboring communities. Web site: www.phimining.com.
About PHIGroup, Inc.
PHIGroup (OTCBB: PHIE) provides M&A advisory and consulting services, develops real estate and natural resources and invests in special situations. PHIGroup, which specializes in raising capital and helping take companies public, is developing PHILand Ranch, one of the largest master planned communities in Vietnam. This project includes Pointe91, a luxury resort and premium residential community in Quang Nam province in central Vietnam (www.PHILandranch.com). PHIGroup is also engaged in mining activities through its majority-owned subsidiary PHI Mining Group, Inc. (PINKSHEETS: PHIG) (www.phimining.com). Website: www.phiglobal.com.
Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Contact:
Henry Fahman
Tel: +1-714-843-5455
Email: Email Contact
Contact Information
Principal Office
| Vietnam Office
| Auditors
| Corporate Counsel
|
Share Structure & Transfer Agent
Outstanding Shares
22,424,628 as of Sep 17, 2009
Authorized Shares
200,000,000 as of Sep 17, 2009
Float
1,492,400 as of Sep 17, 2009
Estimated Market Cap
$1,793,970 as of Dec. 2, 2010
Note: Share structure also shown on company website.
Transfer agent
Interstate Transfer Company
6084 South 900 East, Suite 101
Salt Lake City, UT 84121
Attn: Janis Patterson
Telephone:(801) 281-9746
Facsimile:(801) 281-9750
www.interstatetransfer.com
Jillitc@zzlink.net
Note: Contacting the T/A is encouraged if you would like further verification of the share structure.
News
PHI Group Subsidiary Acquires Producing Canadian Gold Mine
12/02/10 11:57 AM
PHI Mining Group's Subsidiary Receives Thai Granite and Marble Mining License
9/08/09 10:47 AM
PHI Mining Provides Corporate Update
8/24/09 10:05 AM
PHI Group Signs Agreement with VCS Mining to Engage in Haitian Mining Opportunities
8/12/09 8:00 AM
PHI Mining Group Signs Agreement to Mine Manganese in Thailand
7/02/09 8:30 AM
PHI Group, Inc. Changes Trading Symbol, Updates on Subsidiary's Mining Business
5/15/09 8:00 AM
Current Report Filing (8-K)
4/03/09 4:22 PM
Providential Holdings Reports Operating Results for Q2 FY '09
2/17/09 6:00 PM
Indochina Mining Corporation and Truong Son General Group Form Joint Venture Company for Nonferrous Mining in Northern Vietnam
2/09/09 11:54 AM
PHI Mining Signs Joint Venture Agreement to Exploit Black Pearl Granite in Thailand
1/26/09 8:00 AM
Providential Holdings Engages Cohen Independent Research Group to Provide Independent Research Analyst Coverage
1/22/09 8:00 AM
Providential Holdings Changes Annual General Meeting Date to March 13, 2009
1/20/09 3:49 PM
PHI Mining Signs Agreement with Truong Song General Group to Engage in Lead and Zinc Mining in Vietnam
1/15/09 11:37 AM
Providential Holdings Subsidiary PHI Mining Group Signs Agreement with Angkor Metal Corporation to Engage in Copper Mining in Ca
1/07/09 9:59 AM
PHI Mining Group Acquires Indochina Mining Corporation
1/05/09 8:30 AM
DDC Industries, Inc. Changes Corporate Name to PHI Mining Group, Inc.
12/19/08 11:48 AM
Management
Pierce Carson, Director
W.Pierce Carson, PhD joined Santa Fe Gold Corp as President and CEO in the fall of 2003 as part of the Company’s restructuring and reorganization initiative, following a period of engagement as consultant. With Santa Fe Gold, Dr. Carson continues an accomplished international mining career spanning 35 years with extensive experience in directing exploration, development and mining of base metals, precious metals and industrial minerals and in administering public companies. Dr. Carson holds a PhD in Economic and Structural Geology and an MS in Ore Deposits from Stanford University, and a Bachelors Degree in Geology from Princeton University.
Dr. Carson has served with distinction at several world renowned mining conglomerates. Previous positions held by Dr. Carson include:
Exploration and Mining Career Highlights:
Henry Fahman, Director
Born in Vietnam, Henry Fahman has more than 20 years of experience in general management, mergers and acquisitions, corporate finance, investment banking, and investment advisory services. Henry is Chairman of Providential Vietnam Growth Fund, a private equity fund being launched to invest primarily in Vietnam-based companies. He is also founder and Chairman of Providential Holdings, an international M&A and financial advisory management company. Prior to Providential Holdings, Henry was investment advisor and investment banker with A. G. Edwards, Livingston Securities, and Providential Securities. Since 1996, Henry has involved working with government and private sectors in Vietnam, exploring dynamic opportunities in the growing sectors of Vietnam in recent years. According to Vietnam Investment Review, his recent track record has been seen with the central provincial government authorization for a master plan development for a new tourist destination in Vietnam coastal central region near Hoi An which could become the largest in the Asia Pacific region. As the pioneer in taking the very first Vietnamese companies public in the US capital markets, Henry has good track record in executing growth strategies for his clients to substantially increase shareholders’ values with timely exits and high returns on investments. Henry Fahman holds a Bachelor of Science, magna cum laude, in Business Administration with emphases in Finance and Economic Analysis and Policy, from University of California at Berkeley and is a graduate of the Advanced Management Program, Harvard Business School. He has also attended other Executive Education programs including mergers and acquisitions and corporate strategies at Harvard Business School and Stanford University.
Lawrence Olson, Director
Mr. Olson became a director of Santa Fe Gold Corp., a public company (OTCBB:SGFE), in March 1999 in connection with the Company's acquisition of Arizona Mica Properties, Inc., a private Arizona corporation owned by Mr. Olson and his partners. He has held the position of Chairman of Santa Fe Gold’s Board of Directors since October 2000, and until October 2003 also held the positions of President and Chief Executive Officer. Mr. Olson has owned and operated a successful business, Olson Precast of Arizona Inc., since 1973. Mr. Olson received a B.S. Degree in Civil Engineering from the University of Southern California.
Tai Vo, Director
Tai Vo currently serves as Managing Director of Providential Vietnam Ltd., a wholly-owned subsidiary of Providential Holdings, Inc. In 2004, joining to Thanh Viet Investment Fund Management Corporation (TVMC) - the non state-owned fund management company in Vietnam with over $100 million under management – he served as Chief Executive Officer. Prior to that, Tai was a managing member of Peregrine Capital Vietnam, a subsidiary of Peregrine Capital Hong Kong Limited. In 1994, he was one of the founder of Dragon Capital Group and then held as the Finance Director there until 2000 . From 1995 to 2000, Tai worked with Enterprise Investment Management Ltd (VEIL) – a member of Dragon Capital Group – as the Director. As a member of Board of Directors of Dragon Capital and TVMC, Mr.Tai has contributed in getting many successful investment records for the Vietnam companies. In mining aspect, he used to work with Phu Yen Mineral Joint-stock company as the Chairman and brough many success to this enterprise. Mr.Tai also has been involved succesfully in equitization and due dilligence for more than 1,500 enterprises since 1994. Tai Vo holds a BA from the Finance and Accounting University in Saigon, Vietnam.
Frank Pham, President
Frank Pham has more than 20-year working experience in sales and marketing, operation and general management, including nearly 15 years with multinational corporations such as BP and Shell. From 1989 to 1992, he served as Production Manager for Legamex Co. In 1993, he joined BP Petco Ltd. as one of the pioneers. The company has been the most successful and is currently the market leader in lubricant business in Vietnam. Mr. Pham served as Lubricant Marketing Executive and Retail Development Manager for BP Petco before he moved to LPG business in 2000 and served as LPG National Sales Manager and then LPG General Manager. From 2007, Mr. Pham served as Commercial Manager for Shell Gas Vietnam Ltd., which is 100% owned by Shell group. Mr. Pham joined Providential Holdings, Inc. in the US in 2008. Mr. Pham holds a Bachelor of Science in Mechanical Engineering from the Polytechnics University and Master of Business Administration with emphasis in Quality Management from the Open University in Saigon, Vietnam.
Quang Le, Chief Geologist, Indochina Mining Corp.
Quang Le is with IMC as a chief geologist. He has been working with many companies relating to mapping and mining in Viet Nam in position of Director and Chief Geologist, such as Southern Geological Mapping Division, TRACODI, Tin Nghia Granite Factory, etc. He has lately worked with Timex company, a state-owned enterprise and has been linked a good relationship with many Government officials. In 1985, he graduated from Mining Technical University as an enigeer. In 2000 and 2001, respectively, he got scholarship to study a short-course in Mining and Management System for Minerals in Queensland University and Project Appraisal in Harvard University. He has ten year experience in mining aspect, such as exploiting iron in Huaphan of Laos, exp-processing bauxite in Orang, Cambodia; processing calcium carbonate in Yen Bai provine, exp-processing kaolin in Dong Hoi, Quang Binh province, exp-processing iron ores in Stung Treng, Cambodia, etc. Joining into IMC, he will help the company to establish the mining and management system for producing minerals in South East Asia, including Vietnam, Laos and Cambodia, Malaysia, etc.
John Nguyen, Secretary and Treasurer
Mr. Nguyen has been serving as Vice President of Business Development and Assistant Chief Financial Officer of Providential Holdings, Inc. since September 2005. Prior to joining Providential Holdings, Mr. Nguyen served as a Sales Financial Analyst and Senior Accountant for Technicolor – West Coast Film in Burbank, CA from July 2003 to August 2005, and as Financial Analyst for Ritek Global Media in City of Industry, CA from August 2001 to April 2004. Mr. Nguyen holds a Bachelor of Science in Business Administration with emphasis in finance from the University of Southern California and a Certificate of Accounting from the University of California at Los Angeles Extension Program.
Tuan Nguyen, Chief Financial Officer
Graduated from Ha Noi University with emphases in accounting and auditing, Tuan Nguyen served as a senior auditor with Deloitte for 6 years where he was in charge of an audit team for several clients and worked with numerous corporate financial policies. Since April 2008, Mr. Nguyen has been responsible for corporate finance and reporting for PHI Vietnam, Ltd. Mr. Nguyen is a CPA.
Other Notables
PHIG IS A SUBSIDIARY OF PHIGLOBAL>phiglobal.com/site/
7 VERY LARGE CO"s HAVE INDIRECT EQUITY OWNERSHIP OF PHIG>http://phiglobal.com/site/viewcontent.php?menuCha=5&menuCon=94
Locations
1. Canada - Dec 2, 2010 PHI Group Subsidiary Acquires Producing Canadian Goldmine. Estimated cumulative production value for the years 2011-2021 will be $225,363,390.
2. Vietnam - Copper - Dien Bien
3. Cambodia
- Meetings with Cambodian Armed Forces, Cambodian Red Cross, and Ministry of Industry, Mines, and Energy of Cambodia
- Limestone - Stung TrengThe Cambodia limestone mining area is located in Strung Treng Province. It has been estimated that the mineralized deposits in this area exceed 2 billion metric tons and could be worth SEVERAL BILLION DOLLARS. PHI Mining Group has partnered with Paul Cham Group Co., a Phnom Penh-based company, to work on this project.
4. Thailand
Granite & Marble - Nakorn Rachasima
- Factory (under-development)
- Black Pearl Granite Wang Nam Khieu
- Yellow Marble in Wang Muang & Lampham (under-development)
- Black Marble in Lamphaya Klang (under-development)
-Manganese - Prachin Buri ESTIMATED VALUE IS $75,000,000 USD$
5. Laos (coming soon)
Daily Chart
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