is...single
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Review dannylee's recent post about the timing of CATA news. He has been 'on the money' with his thoughts, imo.
1.4M Float... there are very few shares available.
Accumulation today and ongoing until the PHIG new acquisitions and financials are released and THEN, major run, imo.
And then factor in CATA's pending news... it will also help PHIE run.
JMO
PHIG .13 X .18 NEWS RELEASED... 1.4M FLOAT!
PHI Gold Corporation Completes Name Changes, Declares Special Stock Dividend
WEDNESDAY, FEBRUARY 02, 2011 11:00 AM
http://media.marketwire.com/attachments/201102/19815_PhiGoldCorp.gif
LOS ANGELES, CA and FRANKFURT, GERMANY -- (Marketwire) -- 02/02/11 -- PHI Gold Corporation (PINKSHEETS: PHIG) (FRANKFURT: RPBA), a majority owned subsidiary of PHI Group, Inc. (OTCBB: PHIE) (FRANKFURT: PR7) (XETRA: PR7), announced today that the company has completed the name change process to reflect its sole focus on gold mining and has declared a special stock dividend to the company's shareholders.
The company has also changed the name of its wholly owned subsidiary, Indochina Mining Corp., to Indochina Resources, Inc., a Nevada corporation, to concentrate on non-gold and other industrial mineral properties.
As part of the restructuring plan, PHI Gold Corp. has declared a special dividend of Indochina Resources, Inc. stock to the company's shareholders of record as of February 28, 2011. Eligible shareholders of PHI Gold Corp. will be entitled to receive 0.13 share of Indochina Resources, Inc. for each share of PHI Gold Corp. held as of the record date. Indochina Resources, Inc. will register the special dividend stock before making the distribution as free-trading shares.
PHI Gold Corporation will use the recently acquired Maisy Mae Mining Inc. as a platform for further acquisitions of gold mines in the Yukon Territory, Canada. It is currently investigating other gold ore properties in the U.S. and Asia.
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.
Henry Fahman, Chairman of PHI Gold Corp., said, "We are pleased with the progress of PHI Gold's acquisition plan and also intend to bring substantial assets into Indochina Resources, Inc. to create greater value for our shareholders."
About PHI Gold Corporation
PHI Gold Corporation is focused on acquiring and developing gold ore properties. The company has acquired Maisy Mae Mining Inc., a New Brunswick corporation, with mining operation in the Yukon Territory, Canada. Web site: www.phigoldcorp.com.
About PHI Group
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 (FRANKFURT: 1P8), 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 Gold Corporation (PINKSHEETS: PHIG). 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.
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Contact:
Henry Fahman
714-843-5455
Email Contact
Source: PHI Gold Corporation
PHIG .13 X .18 NEWS RELEASED... 1.4M FLOAT!
PHI Gold Corporation Completes Name Changes, Declares Special Stock Dividend
WEDNESDAY, FEBRUARY 02, 2011 11:00 AM
http://media.marketwire.com/attachments/201102/19815_PhiGoldCorp.gif
LOS ANGELES, CA and FRANKFURT, GERMANY -- (Marketwire) -- 02/02/11 -- PHI Gold Corporation (PINKSHEETS: PHIG) (FRANKFURT: RPBA), a majority owned subsidiary of PHI Group, Inc. (OTCBB: PHIE) (FRANKFURT: PR7) (XETRA: PR7), announced today that the company has completed the name change process to reflect its sole focus on gold mining and has declared a special stock dividend to the company's shareholders.
The company has also changed the name of its wholly owned subsidiary, Indochina Mining Corp., to Indochina Resources, Inc., a Nevada corporation, to concentrate on non-gold and other industrial mineral properties.
As part of the restructuring plan, PHI Gold Corp. has declared a special dividend of Indochina Resources, Inc. stock to the company's shareholders of record as of February 28, 2011. Eligible shareholders of PHI Gold Corp. will be entitled to receive 0.13 share of Indochina Resources, Inc. for each share of PHI Gold Corp. held as of the record date. Indochina Resources, Inc. will register the special dividend stock before making the distribution as free-trading shares.
PHI Gold Corporation will use the recently acquired Maisy Mae Mining Inc. as a platform for further acquisitions of gold mines in the Yukon Territory, Canada. It is currently investigating other gold ore properties in the U.S. and Asia.
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.
Henry Fahman, Chairman of PHI Gold Corp., said, "We are pleased with the progress of PHI Gold's acquisition plan and also intend to bring substantial assets into Indochina Resources, Inc. to create greater value for our shareholders."
About PHI Gold Corporation
PHI Gold Corporation is focused on acquiring and developing gold ore properties. The company has acquired Maisy Mae Mining Inc., a New Brunswick corporation, with mining operation in the Yukon Territory, Canada. Web site: www.phigoldcorp.com.
About PHI Group
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 (FRANKFURT: 1P8), 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 Gold Corporation (PINKSHEETS: PHIG). 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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact:
Henry Fahman
714-843-5455
Email Contact
Source: PHI Gold Corporation
PHIG .125 X .18 NEWS RELEASED... 1.4M FLOAT!
PHI Gold Corporation Completes Name Changes, Declares Special Stock Dividend
WEDNESDAY, FEBRUARY 02, 2011 11:00 AM
http://media.marketwire.com/attachments/201102/19815_PhiGoldCorp.gif
LOS ANGELES, CA and FRANKFURT, GERMANY -- (Marketwire) -- 02/02/11 -- PHI Gold Corporation (PINKSHEETS: PHIG) (FRANKFURT: RPBA), a majority owned subsidiary of PHI Group, Inc. (OTCBB: PHIE) (FRANKFURT: PR7) (XETRA: PR7), announced today that the company has completed the name change process to reflect its sole focus on gold mining and has declared a special stock dividend to the company's shareholders.
The company has also changed the name of its wholly owned subsidiary, Indochina Mining Corp., to Indochina Resources, Inc., a Nevada corporation, to concentrate on non-gold and other industrial mineral properties.
As part of the restructuring plan, PHI Gold Corp. has declared a special dividend of Indochina Resources, Inc. stock to the company's shareholders of record as of February 28, 2011. Eligible shareholders of PHI Gold Corp. will be entitled to receive 0.13 share of Indochina Resources, Inc. for each share of PHI Gold Corp. held as of the record date. Indochina Resources, Inc. will register the special dividend stock before making the distribution as free-trading shares.
PHI Gold Corporation will use the recently acquired Maisy Mae Mining Inc. as a platform for further acquisitions of gold mines in the Yukon Territory, Canada. It is currently investigating other gold ore properties in the U.S. and Asia.
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.
Henry Fahman, Chairman of PHI Gold Corp., said, "We are pleased with the progress of PHI Gold's acquisition plan and also intend to bring substantial assets into Indochina Resources, Inc. to create greater value for our shareholders."
About PHI Gold Corporation
PHI Gold Corporation is focused on acquiring and developing gold ore properties. The company has acquired Maisy Mae Mining Inc., a New Brunswick corporation, with mining operation in the Yukon Territory, Canada. Web site: www.phigoldcorp.com.
About PHI Group
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 (FRANKFURT: 1P8), 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 Gold Corporation (PINKSHEETS: PHIG). 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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact:
Henry Fahman
714-843-5455
Email Contact
Source: PHI Gold Corporation
Yes... and not changing the 1.4M float until in the dollars, per CEO.
PHIG .125 X .18 NEWS RELEASED... 1.4M FLOAT!
PHI Gold Corporation Completes Name Changes, Declares Special Stock Dividend
WEDNESDAY, FEBRUARY 02, 2011 11:00 AM
http://media.marketwire.com/attachments/201102/19815_PhiGoldCorp.gif
LOS ANGELES, CA and FRANKFURT, GERMANY -- (Marketwire) -- 02/02/11 -- PHI Gold Corporation (PINKSHEETS: PHIG) (FRANKFURT: RPBA), a majority owned subsidiary of PHI Group, Inc. (OTCBB: PHIE) (FRANKFURT: PR7) (XETRA: PR7), announced today that the company has completed the name change process to reflect its sole focus on gold mining and has declared a special stock dividend to the company's shareholders.
The company has also changed the name of its wholly owned subsidiary, Indochina Mining Corp., to Indochina Resources, Inc., a Nevada corporation, to concentrate on non-gold and other industrial mineral properties.
As part of the restructuring plan, PHI Gold Corp. has declared a special dividend of Indochina Resources, Inc. stock to the company's shareholders of record as of February 28, 2011. Eligible shareholders of PHI Gold Corp. will be entitled to receive 0.13 share of Indochina Resources, Inc. for each share of PHI Gold Corp. held as of the record date. Indochina Resources, Inc. will register the special dividend stock before making the distribution as free-trading shares.
PHI Gold Corporation will use the recently acquired Maisy Mae Mining Inc. as a platform for further acquisitions of gold mines in the Yukon Territory, Canada. It is currently investigating other gold ore properties in the U.S. and Asia.
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.
Henry Fahman, Chairman of PHI Gold Corp., said, "We are pleased with the progress of PHI Gold's acquisition plan and also intend to bring substantial assets into Indochina Resources, Inc. to create greater value for our shareholders."
About PHI Gold Corporation
PHI Gold Corporation is focused on acquiring and developing gold ore properties. The company has acquired Maisy Mae Mining Inc., a New Brunswick corporation, with mining operation in the Yukon Territory, Canada. Web site: www.phigoldcorp.com.
About PHI Group
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 (FRANKFURT: 1P8), 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 Gold Corporation (PINKSHEETS: PHIG). 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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact:
Henry Fahman
714-843-5455
Email Contact
Source: PHI Gold Corporation
As PHIG goes, so does PHIE (83% ownership)... including stock dividends!! :)
And Henry is back in the states so I am hoping for some news today...
Welcome Track... $50K-$100K coming into PHIG with 1.4M share float will have a stock price above $10.00!
People who buy these prices and be patient will be rewarded greatly, imo.
Yes but PHIE owns 83% of PHIG so watch PHIE rebound at a faster percentage once PHIG has additional acquisitions added to it WITH NO CHANGE IN SHARE STRUCTURE (per recent PR)...
Oh come on Jimmy... Just a friendly bet??
PHIE did not move because people are not connecting the dots. They will... imo.
wakingbake... Nice call on PHIG! From .035 to .17... SWEET!
Next week should be even better if news is released (and many of us believe it will).
Nice buy.. smart buy!
200K trade @ .0325 went thru after hours... and a 100K trade went thru for PHIE (100K @ .0116). Ummmmm
Nice little 10K buy @ .17 at the close... Have a good weekend all!
And a second 50K buy @ .033... :)
Whoever was at .031 bid... nice 50K share buy at .033! You won't regret it, imo!
.12 x .175... MMs spread it out to slow it up! 1.4M shares in the float. They better hope they are not TOOOOO short when news hits!! :)
Anyone need spending money for the weekend?? I have a small order in @ .011 in case you do. :)
Quiet here today... Rest up, next week could get fun.
Just checking back in before the end of the day... SWEET!!
Next week should be even more fun... some serious money to be made, imo.
.0301 x .033... golden opportunity to get some cheap shares, imo.
Henry emailed me the other day and confirmed what dannylee said... he was returning from Vietnam either this weekend or the first of next week. He has indicated to me CATA has really big news coming so I accumulate when I have free cash. Got a bunch earlier this week at .033.
Jimmy... friendly bet?? I bet this stock will double next week from this current price.
You watching PHIG today and yesterday? Has moved from .05 to .15 and we are hearing it should have some news next week and PHIE, parent company, ALWAYS moves up when PHIG runs hard. It should as it owns 83% of PHIG shares...
Watch and see...
.034 x .035... this is a 5-10 bagger once the big news hit CATA. Just watch...
Next MM is at .047 ask... Remember, low Float!
PHIG Ask (.15) getting hit nicely...
Keep watching... .15 Ask now getting hit!
.50 could happen next week but I still believe this is a multiple dollar stock once the additional acquisitions are rolled into PHIG and the share structure does not change...
Henry should be back in the states either this weekend or the first of next week and I expect some serious news releases for PHIG and CATA.
And PHIE, parent company to both, should rebound nicely. It is a good buy at this current price (.01 x .011), imo
.12 X .15 Up 66% today, 100% yesterday. Float is only 1.4M. Looks like news is coming next week... probably the three additional gold mine acquisitions that were previously PRed...
NOTE> Company stated the share structure would NOT change until the stock price was in the dollars so these gold mine acquisitions will really be 'golden'!
PHIG .12 X .15 Up 66% today, 100% yesterday. Float is only 1.4M. Looks like news is coming next week... probably the additional gold mine acquisitions that were previously PRed...
NOTE> Company stated the share structure would NOT change until the stock price was in the dollars so these gold mine acquisitions will really be 'golden'!
PHIG .115 X .15 Up 66% today, 100% yesterday. Float is only 1.4M. Looks like news is coming next week... probably the additional gold mine acquisitions that were previously PRed...
NOTE> Company stated the share structure would NOT change until the stock price was in the dollars so these gold mine acquisitions will really be 'golden'!
.15 Ask just got hit... Bid keeps bumping up, now at .115.
Next week is going to be fun!
Hearing news for PHIG and CATA as soon as next week so people might want to accumulate some CATA as well. The float there is pretty low also.
.11 x .15 5K blocks are all the MMs have at the ask.
Ask is up to .11, no now .15! Very thin...
PHIG is moving up today... PHIE will follow.
Sorry I don't but I got the feeling it was very good news... Henry said his trip to Vietnam has been very successful so I am hoping for big news.
Henry should be back in the states this weekend or early next week. I expect to see additional news for CATA and PHIG (PHIE parent company had news today).
More news for CATA and PHIG, subsidiaries of PHIE should be coming next week. These PRs should run PHIE back up, imo.