Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
TSOR SEC Suspension for Financials / Filings delinquencies:
http://www.sec.gov/litigation/suspensions/2015/34-76425.pdf
Order:
http://www.sec.gov/litigation/suspensions/2015/34-76425-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2015/34-76426.pdf
TSOR is severely delinquent in filing their Financials and corporate filing obligations to the SEC. On Feb. 20, 2015 the SEC suspended 8 stocks from the Delinquent SEC Filers list, and it is likely that more delinquent Filers will be suspended.
Since Jan 1st, 2010 the SEC has suspended over 1290 stocks for Financials delinquencies. All of those Suspended stocks had their stock registrations revoked.
Shareholders should contact the company and pressure the Mgmt to file their delinquent Financials because ALL shareholders would be wiped out IF the SEC suspends the stock.
TSOR is on the list of delinquent filers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110680509
Got my bid in at par value. all its worth.
lol hey you made it to TOP 10 most active this morn, that how I saw it, and looked at the board, so job accomplished
have a good day!
Hmmm....sounds a little sarcastic, but thats ok.
100 posts yesterday you had 99
good job bro
Very Transparent, Undervalued Beauty!
HUGE UPDATED NI 43-101 >> http://www.tresoromining.com/projects.html Tresoro Mining
43-101 Technical Report
On The Guayabales Gold Project
Effective Date: July 31, 2012
Signing Date: August 16, 2012
May 29/2013 New Accountant >> Current Report Filing (8-k)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
?
FORM 8-K
?
CURRENT REPORT
?
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
?
Date of Report (Date of earliest event reported)????May 29, 2013
?
TRESORO MINING CORP.
(Exact name of registrant as specified in its charter)
?
?
Nevada
?
000-52660
?
20-1769847
(State or other jurisdiction of incorporation)
?
(Commission
File Number)
?
(IRS Employer
Identification No.)
?
1220 ? 666 Burrard Street
Vancouver, BC
?
V6C 2X8
(Address of principal executive offices)
?
(Zip Code)
?
Registrant?s telephone number, including area code:?(604) 681-3130
?
N/A
(Former name or former address, if changed since last report.)
?
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
?
o?Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o?Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o?Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o?Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
?
?
?
Item 4.01 Changes in Registrant?s Certifying Accountant.
Previous independent registered public accounting firm
On May 29, 2013, Tresoro Mining Corp. (the ?Company?) formally informed Patrick Rodgers, CPA, PA of its dismissal as the Company?s independent registered public accounting firm.??On October 17, 2012, the Company filed a Current Report on Form 8-K??indicating that the Company had engaged Michael F. Cronin as its new independent certifying accountant to audit the Company's financial statements. On January 19, 2013 Michael Cronin resigned and the Company?engaged Patrick Rodgers, CPA, PA, with address at 309 East Citrus Street, Altamonte Springs, Florida 32701, as its auditor.??Patrick Rodgers, CPA, PA has not issued any reports on the Company?s financial statements.??The Company?s Board of Directors participated in and approved the decision to change independent registered public accounting firms.
During the Company?s two most recent fiscal years preceding the termination of Patrick Rodgers, CPA, PA, and through its dismissal, there were no disagreements with Patrick Rodgers, CPA, PA on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements if not resolved to the satisfaction of Patrick Rodgers, CPA, PA would have caused them to make reference thereto in connection with their report on the financial statements for such years.
The Company has requested that Patrick Rodgers, CPA, PA furnish it with a letter addressed to the SEC stating whether or not it agrees with the above statements.??A copy of the letter provided by Patrick Rodgers, CPA, PA??is filed as Exhibit 16.1 to this Form 8-K.
New independent registered public accounting firm
On May 29, 2013, the Company engaged GBH CPAs, PC, as its new independent registered public accounting firm.??During the two most recent fiscal years and through May 29, 2013, the Company had not consulted with GBH CPAs, PC regarding any of the following:
(a)??
The application of accounting principles to a specific transaction, either completed or proposed, or the type of audit of audit opinion that may be rendered on the Company?s financial statements, and GBH CPAs, PC did not provide either a written report or oral advice to the Company that GBH CPAs, PC concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue; or
(b)??
The subject of any disagreement, as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions, or a reportable event within the meaning set forth in Item 304(a)(1)(iv) of Regulation S-K.
?
Item 9.01 Financial Statements and Exhibits
16.1
Letter from Patrick Rodgers, CPA, PA dated May 29, 2013, to the Securities and Exchange Commission regarding statements included in this Form 8-K.
?
2
?
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
?
?
TRESORO MINING CORP.
? ? ?
Dated:??May 30, 2013
By:??
/s/ William D. Thomas
?
? ?
William D. Thomas
? ?
Chief Financial Officer and a Director
?
3
?
Huge 4 us, Mr. William Thomas >> Explanation of Responses:
( 1)? In addition to the aggregate common shares in Table I, Item 5., the reporting person owns options to buy 187,500 common shares at $2.00 per share, expiring on March 14, 2016.
March 20/2013 Form #2 Statement of Changes in Beneficial Ownership (4)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). ????????
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
??????????????????????????????????????????????????????????????????????????????????
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
??????????????????????
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
??????????????????????
1. Name and Address of Reporting Person *
JARDINE GERALD L 2. Issuer Name and Ticker or Trading Symbol
TRESORO MINING CORP. [ TSOR ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director ???????????????????? _____ 10% Owner
_____ Officer (give title below) ???? _____ Other (specify below)
(Last) ???????? (First) ???????? (Middle)
1006-850 BURRARD STREET 3. Date of Earliest Transaction (MM/DD/YYYY)
3/20/2013
(Street)
VANCOUVER,?A1?V6Z 2J1
(City) ?????? (State) ?????? (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
?
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ? 3/20/2013 ? ? P ?? 3000000 ? A $0.005 ? 3000000 ? D ? ?
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
JARDINE GERALD L
1006-850 BURRARD STREET
VANCOUVER,?A1?V6Z 2J1 X
Signatures
/s/ Gerry Jardine 3/25/2013
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
March 20/2013 Form 4 #1 Statement of Changes in Beneficial Ownership (4)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). ????????
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
??????????????????????????????????????????????????????????????????????????????????
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
??????????????????????
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
??????????????????????
1. Name and Address of Reporting Person *
THOMAS WILLIAM DAVID 2. Issuer Name and Ticker or Trading Symbol
TRESORO MINING CORP. [ TSOR ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director ???????????????????? _____ 10% Owner
__ X __ Officer (give title below) ???? _____ Other (specify below)
Secretary, Treasurer & CFO
(Last) ???????? (First) ???????? (Middle)
3543 POINT GREY RD. 3. Date of Earliest Transaction (MM/DD/YYYY)
3/20/2013
(Street)
VANCOUVER,?A1?V6R 1A7
(City) ?????? (State) ?????? (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
?
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ? 3/20/2013 ? ? P ?? 3000000 ? A $0.005 ? 3000000 ? (1) D ? ?
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
( 1)? In addition to the aggregate common shares in Table I, Item 5., the reporting person owns options to buy 187,500 common shares at $2.00 per share, expiring on March 14, 2016.
Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
THOMAS WILLIAM DAVID
3543 POINT GREY RD.
VANCOUVER,?A1?V6R 1A7 X
Secretary, Treasurer & CFO
Signatures
/s/ William Thomas 3/25/2013
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Tresoro Mining Corp. Moves Forward With Plans to Develop the Guayabales Gold Project
VANCOUVER, British Columbia, July 23, 2012 /PRNewswire/ --?Tresoro Mining Corp. (the "Company") (TSOR-OTCQB, AN4-Frankfurt) announces that Comunidad Minera Guayabales ("Comunidad"), the underlying property owner of the Guayabales Gold Project in Columbia (the "Guayabales Property"), has acknowledged to the? ?Company that Comunidad agrees with the Company that ?Mercer Two Panama Corp Secursal Colombia, the Colombian branch of a subsidiary of the Company, is the legal holder of all option rights pursuant to the Option Agreement dated March 4, 2010 (the "Option Agreement"), as entered into by and between Mercer Gold Corp. ("Mercer BC") and Comunidad with respect to the Guayabales Property.? More specifically, Comunidad no longer considers that Mercer BC has any further rights pursuant to the Option Agreement.
During the week of June 25 to 29, Mr. Daniel C. Leroux, (B.Sc., P.Geo. (ON, QC, SASK)
Vice President and Senior Geologist A.C.A. Howe International Limited) completed an onsite inspection and review of the Guayabales Property and storage facilities located in Colombia, and has advised that he will be issuing a new 43-101 technical report with respect to the Guayabales Property within 2 weeks.
The Company plans to proceed forthwith with the development of the Guayabales Property.
Gary Powers, President of Tresoro Mining Corp., says "The Company will develop a work plan based upon defined areas of interest as a result of the analysis of the property and the data available since April 2011. Tresoro has continued to maintain a close and open relationship with the Comunidad Minera Guayabales, the artisanal owners of the property, and will work closely with them in planning and executing the steps going forward."
Company President, Gary Powers, adds, "This amendment to the Option further solidifies our positive working and business relationship with Comunidad. We look forward to moving ahead with our further exploration of the Property."
Tresoro Mining Corp. amends option agreement
VANCOUVER, British Columbia, Aug. 7, 2012 /PRNewswire/ -- Tresoro Mining Corp. (the "Company" or "Tresoro") (TSOR-OTCQB, AN4-Frankfurt) announces that The Company has satisfied its obligations under the Mineral Assets Option Agreement dated April 13, 2010 between the Company and Mercer Gold Corp. (British Columbia) and has exercised its option thereunder. The Company further announces that its subsidiary and Comunidad Minera Guayabales ("CMG") have amended the Option Agreement (the "Option") on the Guayabales property (the "Property") near Marmato, Colombia effective July 31, 2012.
The amendment, which provides for a new payment schedule, resulted from negotiations initiated at the request of CMG to accommodate local requirements, and Tresoro responded to assist with their needs as a good corporate citizen. Under Colombian law, which governs the Option, the Option was transferred to Uranium International Corp. (now Tresoro Mining Corp.) as of April 15, 2010.?
Company President, Gary Powers, adds, "This amendment to the Option further solidifies our positive working and business relationship with Comunidad. We look forward to moving ahead with our further exploration of the Property."
**HUGE ANALYTICAL EVALUATION $1.93**
Grass Roots Research and Distribution, Inc. Initiates Coverage on Mercer Gold Corporation With a Price Target of $1.93
SAN FRANCISCO, Sept. 17 /PRNewswire/ -- Grass Roots Research and Distribution, Inc. announced today that it has initiated research coverage on Mercer Gold Corporation (BULLETIN BOARD: MRGP, AN4: Frankfurt) with a buy recommendation and price target of $1.93 per share. Individual and institutional investors are encouraged to visit http://www.grassrootsrd.com/ to learn more about Mercer Gold. A direct download of the report and full disclaimer information is available at: http://www.grassrootsrd.com/grassrootsrd/Reports/Mercer_Gold_08_17_2010.pdf.
According to the analysis by Grass Roots Research, the report stated, "Mercer Gold has acquired the rights to the Guayabales Property in Colombia, located in a prolific gold and silver mining district. Several zones of mineralization from adjacent properties that are actively mined continue onto the Guayabales Property. The Company has completed a technical assessment of the Guayabales Property that meets the NI 43-101 requirements. This study indicates favorable prospects for a large scale mining operation in the area covering the known mineralized zones. There are a total five areas of mineralization on the Guayabales Property that require additional exploration. Two members of the MRGP board were involved with the transaction on the adjacent property that has 9.7 million ounces of gold resource. Based on our preliminary estimate of potential mineable reserves on the Guayabales Property, we estimate a fair value for MRGP of $1.93 per share, 278.4% higher than the current market price of $0.51.
(Should only be used as a reference)
TSOR~ What a plan :( Plan of Operations
We have decided to reduce the work program for the next 12 months while we review our forward plan in depth and estimate we will spend about $1,000,000 over the next 12 months. Fu rther, we expect to spend approximately $300,000 in the next 12 months in office and general expenses and professional, consulting and management fees.
Based on our current plan of operations as set forth above, we estimate that we will require approximately $1.3 million to pursue our plan of operations over the next twelve months. As at November 30, 2012, we had cash of $2,157 and a working capital deficit of $(3,701,255). We will require additional financing to pursue our plan of operations over the next twelve months. There can be no assurance that we will obtain any additional financing in the amounts required or on terms favorable to us. If we are unable to obtain additional financing, we may have to re-evaluate or abandon our business activities and revise our plan of operations.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9025356
From the filing~
Lots of Filings Fully Reported >>
Tresoro Mining Corp. (QB), TSOR News
Tier Change
OTC Markets • Fri Jun 14,2013 12:00 AM
Current Report Filing (8-k)
Edgar (US Regulatory) • Fri May 31,2013 2:02 PM
Semi-annual Report (management Company) (nsar-a)
Edgar (US Regulatory) • Wed May 29,2013 11:31 AM
Notification That Annual Report Will Be Submitted Late (nt 10-k)
Edgar (US Regulatory) • Wed May 29,2013 11:31 AM
Statement of Changes in Beneficial Ownership (4)
Edgar (US Regulatory) • Tue Mar 26,2013 10:40 AM
Statement of Changes in Beneficial Ownership (4)
Edgar (US Regulatory) • Tue Mar 26,2013 6:26 AM
Current Report Filing (8-k)
Edgar (US Regulatory) • Tue Mar 26,2013 6:06 AM
Quarterly Report (10-q)
Edgar (US Regulatory) • Fri Jan 18,2013 4:56 PM
Notification that Quarterly Report will be submitted late (NT 10-Q)
Edgar (US Regulatory) • Mon Jan 14,2013 12:11 PM
Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
Edgar (US Regulatory) • Mon Jan 14,2013 12:11 PM
Tresoro Mining Corp. Updates Proceedings
PR Newswire (US) • Mon Dec 3,2012 2:55 PM
Tresoro Mining Corp. Updates Proceedings
PR Newswire (US) • Mon Nov 19,2012 6:35 PM
TSOR ~ From the 10q 33mil in debt!Yikes! I would say BEWARE :
Going Concern
The Company’s interim consolidated financial statements as at November 30, 2012, and for the three and nine months then ended have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. The Company has incurred operating losses since inception of $33,342,737. The Company requires additional funding to meet its ongoing obligations and anticipated ongoing operating losses. The ability of the Company to continue as a going concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. Accordingly, these factors raise substantial doubt as to the Company’s ability to continue as a going concern. The Company intends to continue to fund its exploration business by way of private placements and advances from shareholders as may be required. These financials do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might result from this uncertainty. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9025356
TSOR~ Yield Sign~ No Current info~ http://www.otcmarkets.com/stock/TSOR/quote
Buyer beware~
Flex
Board Marks Climbing Nicely #34!
Chart suggests Bottom Bounce in Play.
You're correct. 10mm shares. Not 5mm. that's huge. It seems like everything is lining up for a perfect storm with TSOR.
HUGE POTENTIAL PPS OTC Bulletin Board ?
Quarter Ended ? High ? Low
February 29, 2012 ? $0.15 ? $0.03
November 30, 2011 ? $0.30 ? $0.03
August 31, 2011 ? $0.24 ? $0.08
May 31, 2011 ? $1.80 ? $0.18
February 28, 2011 ? $1.76 ? $1.324
November 30, 2010 ? $2.58 ? $0.80
August 31, 2010 ? $3.00 ? $1.20
May 31, 2010 ? $4.20 ? $1.80
Watch for a possible Gapper in the AM, she is super thin.....was.105 52 week, and $3.00+ 2 years ago.
Possible 10,000,000 shares to be returned, if retired would be huge.
Seems TSOR is taking Mercer to task for being a shady company. TSOR has been compliant with all arbitrations etc while Mercer has been dodging it. The default judgment calls for Mercer to return 5mm common shares as well. Hopefully they'll be retired which will send share price up as well.
That would be huge, he needs a gold mine.
TSOR appears to be getting a 43mm cash injection soon from Mercer Gold Corp through a default judgment. That should help develop their mining projects significantly.
On August 6, 2012, the Company commenced an action against Rahim Jivraj and Mercer BC in US Federal Court under Civil Action number C12-1325 MJP. The Complaint against Jivraj and Mercer BC includes Federal Securities Fraud, Controlling Person Liability, Defamation, Breach of Fiduciary Duty, and Tortious Breach of Implied Covenant of Good Faith and Fair Dealing. The claim is for compensatory damages, which claim may exceed US $43 million, presumed defamation damages and punitive damages, and return of the ten million shares of the Company's stock held by Jivraj and his nominees, as well as legal fees and costs.
The US Federal Court Action commenced by the Company on August 6, 2012 against Rahim Jivraj and Mercer BC continues to proceed. On January 10, 2013, the Company filed submissions to the Chief Justice, including the following proposed order which reads, in part: " IT IS FURTHER ORDERED, ADJUDGED AND DECREED that: (1) Defendant Mercer Gold Corp. (BC) is not permitted to litigate in this Court without qualified legal counsel and no further delay shall be permitted for it to procure counsel. (2) The Answer with respect to defendant Mercer Gold Corp. (BC) is stricken; and, (3) Defendant Mercer Gold Corp. (BC) has defaulted and judgment may be taken"
Amazingly BULLISH >>> http://www.stockta.com/cgi-bin/analysis.pl?symb=TSOR&cobrand=&mode=stock
Short Term Very BULLISH >> $0.31
Intermediate Very BULLISH >> $0.46
Long Term Very BULLISH >> $0.13
OVERALL BULLISH >> $0.30
Amazing Resistance Points Cheet Sheet >> http://www.barchart.com/cheatsheet.php?sym=TSOR
3 Yr Weekly Chart >> http://scharts.co/11kR0JC
**HUGE ANALYTICAL EVALUATION **
Grass Roots Research and Distribution, Inc. Initiates Coverage on Mercer Gold Corporation With a Price Target of $1.93
SAN FRANCISCO, Sept. 17 /PRNewswire/ -- Grass Roots Research and Distribution, Inc. announced today that it has initiated research coverage on Mercer Gold Corporation (BULLETIN BOARD: MRGP, AN4: Frankfurt) with a buy recommendation and price target of $1.93 per share. Individual and institutional investors are encouraged to visit http://www.grassrootsrd.com/ to learn more about Mercer Gold. A direct download of the report and full disclaimer information is available at: http://www.grassrootsrd.com/grassrootsrd/Reports/Mercer_Gold_08_17_2010.pdf.
According to the analysis by Grass Roots Research, the report stated, "Mercer Gold has acquired the rights to the Guayabales Property in Colombia, located in a prolific gold and silver mining district. Several zones of mineralization from adjacent properties that are actively mined continue onto the Guayabales Property. The Company has completed a technical assessment of the Guayabales Property that meets the NI 43-101 requirements. This study indicates favorable prospects for a large scale mining operation in the area covering the known mineralized zones. There are a total five areas of mineralization on the Guayabales Property that require additional exploration. Two members of the MRGP board were involved with the transaction on the adjacent property that has 9.7 million ounces of gold resource. Based on our preliminary estimate of potential mineable reserves on the Guayabales Property, we estimate a fair value for MRGP of $1.93 per share, 278.4% higher than the current market price of $0.51.
(Should only be used as a reference due to New Technical Report in 2012, but not much has changed)
**PROJECTS**
Guayabales Project ? Colombia
Tresoro Mining Corp. is developing an initial gold prospect located in northern central Colombia in South America.
The Guayabales gold prospect is located in the Marmato Mining District, a region that has an extensive and productive gold mining history dating back to before the time of the Spanish Conquistadors, and continuing to the present. Security, access, infrastructure and available workforce are adequate to support the development of a mineral deposit at Guayabales due to an active and growing mining industry presence in the area.
The Guayabales property is located on the eastern margin of the Western Cordillera of the Colombian Andes, and occurs within a regional scale structural zone that hosts the productive Middle Cauca Gold Belt (i.e., credited with 16 million ounces of gold resources/reserves and historic production).
The porphyry gold and intermediate sulfidation gold-silver mineralization at Guayabales, and the Marmato District in general, is related to the emplacement of stocks of late Miocene age. Structure is an important control on the mineralization, particularly along northwest trending shear zones.
The geologic relationship of gold-silver intermediate sulfidation to porphyry gold mineralization provides metallogenic context for the exploration targets and 2011 program carried out on the Guayabales project, which is summarized in a NI43-101 report. Tresoro?s principal exploration target is a bulk tonnage, porphyry precious metals deposit that will be potentially amenable to open-pit mining.
A second target type with upside exploration potential is the long recognized, higher-grade vein zones amenable to selective, underground mining exploitation. The potential for defining economic gold-silver mineralization of this style is clearly manifested by the presence of a number of small-scale mining operations on the property.
Mining Colombia
Colombia has produced an estimated 85 million ounces of gold since the Spanish conquest in 1514. There is no reliable estimate of the gold produced prior to, and during the Spanish conquest. In 1937, Emmons estimated production at over 49 million ounces of gold during the post conquest period from 1514 to 1937, making Colombia the largest producer in South America during that time frame.
Recent production has earned Colombia a ranking, which has ranged from 2nd to 5th largest gold producer in South America, and 12th to 20th largest in the world (Ministerio de Minas y Energia, Colombia, 1999-2006). In 2000, Shaw documented additional production of 30 million ounces of gold for the period 1937 to 2000. For the years 2000 to 2004, the U.S. Geological Survey documents additional production of 4.95 million ounces of gold (Bermundez, 2000; Torres, 2004). The Dow Jones Business News Service reported on August 15, 2006 that Colombia had produced 1.5 million ounces of gold in 2005. Approximately two thirds of Colombian gold production has been from placer deposits in the Department of Antioquia, which is immediately adjacent to the Department (Caldas) in which Guayabales occurs.
About Tresoro Mining
Tresoro Mining Corp. is engaged in mineral exploration. The Company?s primary project is the Guayabales Gold Project located in the Marmato Gold District, in Caldas, Colombia. Tresoro acquired its leases on the Guayabales through a transaction with a predecessor company and now holds a 100% percent working interest in the property.
The Project is a bulk-tonnage, gold-silver target that may be amenable to open pit mining, as well as higher-grade gold-silver mineralization that can be drawn out with selective underground mining techniques.
Guayabales is in the Marmato Mining District, which has a long history of gold and silver production. This region has been a productive mining area since before the Spanish came to South America. As such, there is adequate infrastructure, access, security and an available workforce to support development of the potential mineral resources at Guayabales.
The Guayabales Property is located approximately 80 kilometers south of Medellin, Colombia. A NI43-101 report recently completed on the Guayabales Property identifies the continuity of the Encanto Zone on the adjacent Marmato mining complex extends into the Guayabales Property. Deposits on the Guayabales Property have only been explored to a depth of 100 to 200 meters, but it is at a higher elevation than the active Marmato complex, which suggests there is the potential for high grade gold and silver below the 200 meter depth.
In addition to the Encanto mineralization, the NI43-101 identified two areas on the Guayabales Property that require further exploration to assess the full extent of the gold and silver resource.
Tresoro Mining plans to explore the Guayabales Property to more accurately assess the gold and silver resource.
Historically, Colombia has been one of the largest gold producers in the world and the Colombian mining industry remains one of the most dynamic and promising sectors of the Colombian economy.
Tresoro Mining Corp. has corporate offices in Vancouver, Canada with field exploration operations in Colombia. Tresoro is a public company listed on the OTC exchange under the symbol OTC-TSOR on the QB tier of the OTC Bulletin Board exchange.
**BUSINESS PLAN**
We are going to find a multi-million ounce resource in the most efficient way possible. As explorationists and opportunists, we will invest our cash in activities that are going to create the most value for our shareholders. Our primary asset, Guayabales, has all of the right ingredients for success. It?s adjacent to and on strike from a 9.7 million ounce resource that?s open to expansion. We also have a 43101 stating we have the same rocks and a strong technical program to execute our exploration plan and a world class Board of Directors. We are working hard and smart to create a success.
Mr. Powers is Big as well, He was a partner in the development company that created the initial five ski runs on Blackcomb Mountain in British Columbia, Canada. For the past six years, Mr. Powers has worked for Guest Investments Ltd. as a Management and Education Consultant and for Helen Kupper Enterprises, Ltd. as a Business Manager. He served at Vega Atlantic Corp. Mr. Powers has served as a Director and Officer of OTC Bulletin Board listed mining companies.
Mr. Williams is Huge While in China, he had been responsible for Finance including Sarbanes Oxley reporting, Budgeting, Treasury, Procurement, IT, Taxation, Marketing, Insurance, Business Development including commercial negotiations with the Chinese partner, China National Offshore Oil Co (CNOOC) and other Chinese and joint venture partners. He focused heavily on supporting exploration and development operations for three operated blocks in Bohai Bay, as well as evaluation and negotiation of new venture blocks in East China Sea and the South China Sea. He was also responsible for the liaison with CNOOC and other Chinese oil companies, Kerr McGee US management and joint venture partners, where his main focus was to ensure cost effective and timely achievement of various approved work programs and budgets
Gerry Jardine is HUGE He serves as Director of TSX Venture Exchange, NASDAQ and OTC Bulletin Board.
285,000 in Volume yesterday.....I said 265,000 with a 3 month Ave. of 22,600
The future is very bright....and sooner than we think!
TSOR has supplied N 43-101 Tech Report, are are filing.....look for updates.
Cheeky this is a well kept secret.....but I hope not for long!
Looks like TSOR could bring immediate profits at .01!
As always Cheeky, you have provided detailed and comprehensive DD on Tresoro! This looks better than your recent mining pick which went up 1000%!!!
**HUGE ANALYTICAL EVALUATION of $1.93** (reference only)
Grass Roots Research and Distribution, Inc. Initiates Coverage on Mercer Gold Corporation With a Price Target of $1.93
SAN FRANCISCO, Sept. 17 /PRNewswire/ -- Grass Roots Research and Distribution, Inc. announced today that it has initiated research coverage on Mercer Gold Corporation (BULLETIN BOARD: MRGP, AN4: Frankfurt) with a buy recommendation and price target of $1.93 per share. Individual and institutional investors are encouraged to visit http://www.grassrootsrd.com/ to learn more about Mercer Gold. A direct download of the report and full disclaimer information is available at: http://www.grassrootsrd.com/grassrootsrd/Reports/Mercer_Gold_08_17_2010.pdf.
According to the analysis by Grass Roots Research, the report stated, "Mercer Gold has acquired the rights to the Guayabales Property in Colombia, located in a prolific gold and silver mining district. Several zones of mineralization from adjacent properties that are actively mined continue onto the Guayabales Property. The Company has completed a technical assessment of the Guayabales Property that meets the NI 43-101 requirements. This study indicates favorable prospects for a large scale mining operation in the area covering the known mineralized zones. There are a total five areas of mineralization on the Guayabales Property that require additional exploration. Two members of the MRGP board were involved with the transaction on the adjacent property that has 9.7 million ounces of gold resource. Based on our preliminary estimate of potential mineable reserves on the Guayabales Property, we estimate a fair value for MRGP of $1.93 per share, 278.4% higher than the current market price of $0.51.
(Should only be used as a reference)
Followers
|
26
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1643
|
Created
|
08/05/10
|
Type
|
Free
|
Moderators |
Mercer Gold Corporation is a junior exploration company advancing a prospective gold project in Colombia, South America. The Company is focused on a single project in the Marmato Mining district in a well established gold producing region.
Colombia has produced an estimated 85 million ounces of gold since the Spanish conquest in 1514. There is no reliable estimate of the gold produced prior to, and during the Spanish conquest. In 1937, Emmons estimated production at over 49 million ounces of gold during the post conquest period from 1514 to 1937, making Colombia the largest producer in South America during that time frame.
In recent times, Colombia has emerged as major producer of gold and a new mineral production projects. Recent production has earned Colombia a ranking which has ranged from second to fifth largest gold producer in South America, and 12th to 20th largest in the world (Ministerio de Minas y Energia, Colombia, 1999-2006). Mercer Gold Corporation is a leader on the forefront of Columbian Gold Exploration.
In guiding its efforts, Mercer Gold Mining has enlisted veteran management working with highly skilled technical staff and consultants, including a strong in-country staff and support.
Mercer Gold Corporation, entered into an Option Agreement with Comunidad Minerea Guayabales on March 4, 2010 to acquire a 100% interest in the Guayabales property. Mercer Gold subsequently entered into an Option Agreement with Uranium International (now renamed Mercer Gold Corporation) to acquire its 100% interest in Guayabales subject to the terms of the Underlying Option Agreement on April 13, 2010.
Mercer Gold Corp. has recently completed a NI43-101 Techical Report on the Guayabales Prospect and is now preparing for a work program on the property.
GOLD!Price per ounce | |
8 hour | 24 hour |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |