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Formmail is a PERL script function that is difficult to use in conjunction with java or xml
it is not a messageboard. Interested parties submit questions that are mulled over for reasonableness and worth before UMINING personnel respond by blogging answers. Open Forum means anyone can ask (I'll guarantee that verifiable institutional investors are given preference and quick responses).
This perspective leads me to believe that the company, if legitimate, may be appearing at investor conferences and is developing the forum for those promotional purposes.
any fool can be a thief. It takes real character to help others earn money; a quality that quickly & repeatedly redoubles with favors. The given benefit of the doubt is now fading
Catherine needs new earrings
continuing to pay salaries from authorizerd shares will explain the increase to 4.2 million shares
have they really added 1.8million shares to the pool already....I am going to be sick
Legally established chain of title (abstractors)....
I know that you are not questioning the business practices of Virginia Mines (VGQ)
If you want to see what A scam looks like, check out LITL
http://www.go-l.com/home/index.htm
Detinger and Roy are to sellers what UMNG is to buyers
The logical chain of my posts are concatenated too strongly. There is no room for a penetrable breach by those dispositing in error.
In short, that the Laurentide claims were GESTIM registered by UMNG for UMNG during the summer of 2007 is incontestable. UMNG has reported owning a few hundred claims, but has only registered a small percentage obviously to avoid the added LEGAL costs which would divert limited capital away from other more immediate business developments (legal negotiations $)
Please refrain from mucking with does not follow statements.
According to the inchoate pattern initiated with the laurentides, umng will register the ungava claims acquired near the time research for the NI43-101 is set to begin.
Exceptional investors read the pr as indicating that UMNG has become a bit more sophisticated in efforts to contract geologists by instituting a bidding process to obtain the best price for the services of organizing and producing the (history of surveys)technical report NI 43-101 on the Ungava property from which reccomendations will be made. I'll bet that the colonel has added this element of business know-how
On the road again
An involuntary bankruptcy petition was filed this summer against Earth Biofuels in Dallas, Texas. Does anyone know what the stipulations of the licensing contract signed by the company for use of the patented fuel processing methods owned by Willie Nelson were?
implications for UMNG (be smart)
ABV Gold, Inc. Issues Open Letter to Shareholders
http://www.nasdaq.com//aspxcontent/newsstory.aspx?selected=ABVG&symbol=INAP%60&symbol=DNDN%6...
TSX Venture Capital Pool Company Program (CPC)
The Capital Pool Company (CPC) program is a unique listing vehicle offered exclusively by TSX Venture Exchange. The program is a two-phased process, involving the following steps:
Phase 1 - The Capital Pool Company
Creating the CPC:
Three to six individuals with an appropriate combination of business and public company experience put up a minimum of $100,000 in seed capital.
These founders incorporate a shell company - the Capital Pool Company (CPC) - and issue shares in exchange for seed capital at a minimum price between the greater of $0.05 and 50% of the price at which subsequent shares are to be sold via prospectus.
The CPC and its advisors prepare a prospectus that outlines management's intention to raise between $200,000 and $1,900,000 by selling CPC shares at typically twice the issuance price of the seed shares, and to use the proceeds to identify and evaluate potential acquisitions.
Selling the shares:
The CPC files the prospectus with the appropriate securities commission(s), and applies for listing on TSX Venture Exchange.
The broker sells the CPC shares, pursuant to the prospectus, to at least 200 arm's length shareholders, each of whom buys at least 1,000 shares. No one purchaser can purchase more than 2% of the offering, and no one purchaser together with his, her, or its associates or affiliates can purchase more than 4% of the offering.
Once the distribution has been completed and closed, the CPC is listed for trading on TSX Venture Exchange. The symbol includes a .P to identify the company as a CPC.
Phase 2 - The Qualifying Transaction
Announcing the acquisition:
Within 24 months, the CPC identifies an appropriate business as its "qualifying transaction" and issues a news release to announce that it has entered an agreement in principle to acquire the business.
The CPC prepares a draft filing statement or information circular providing prospectus-level disclosure on the business that is to be acquired.
TSX Venture reviews the disclosure document and evaluates the business to ensure it meets minimum listing requirements.
Closing the deal:
As shareholder approval is typically not required, the filing statement is posted on SEDAR for at least seven business days, after which the qualifying transaction closes and the business is acquired.
Additional components of the deal often include the following: name change and private placement coinciding with the closing of the qualifying transaction.
The .P from the ticker symbol is removed and the company now trades as a regular TSX Venture listed company.
my $500 investment at .02 is now worth less than $17, but I am not selling. I am sticking to the break even in 2010 recently formulated position
Put this one on the shelf. MXXR will be a tightly held (10-15 million shares company). Every new well brought online for production should equal $1 rise in in SP until the $3.75 mark is reached and then it will stagger upwards until the company is bought out ($5-$7). In short, if you bought in at .02 you will break even on that investment. Cheaper purchases will make proportionately increasing profits
proprietary interests demand that corporate leadership investigate and litigate when necessary
TG its the fourth quarter of the normal fiscal year....The third quarter sucks for everyone except the earnings announcement winners
I wonder how much work the TSX Venture mining company has already done.
Today's PR firms the base and the outsiders who sold will be driving the price up with the impending next Biodiesel PR.
Well we got the Hard facts about the Laurentides prelimanry NI43101 technical report first because it gives a sell signal that is consistent with my previous interpretation of events.
The sell chorus vs. the buy chorus
The Company is currently in the final stages of the due diligence process, which involves the completion of a technical analysis by in-house experts who are evaluating the merits of this acquisition. The key acquisition of this facility will not only provide the Company with a strong foothold in the burgeoning Bio-diesel industry and form the foundation of its Green Energy Division, but also most importantly supply it with a significant physical asset worth over $25 million. This asset will be leveraged by U Mining to finance its operations, including the exploration and development of its several high-grade potential properties within its large and rapidly expanding Uranium Division (that is interesting. it sounds like they were planning to finance explorations by leveraging the BioDiesel facility ***logical consistency-Descriptive Coherence DECO****. The sentiments for both parties provide emotional coherence (ECHO)for their Hypotheses. But their is a pattern afoot and I have made my decision.
phase 1 collect underpants (history report)
phase 2 In the first phase, we propose a GIS (MapInfo or ArcGIS) compilation of all available geographic and geoscientific information for the project (hydrographic, outcrops, samples [rock, soil, till, stream, lake sediment], geochemical, geophysical). A high-resolution helicopter-borne geophysical survey that includes magnetic, radiometric (U, Th and K) and time-domain electromagnetic components for both claim blocks will be necessary. We also propose a property-scale heavy mineral stream sediment survey and a characterization of uranium and tungsten background values for the entire area. Following this, it will be necessary to integrate the new geophysical results and complete a revised interpretation of the area.
phase 3 will consist of geological work, prospecting and ground follow-up on selected areas identified by previous surveys (geophysics and heavy minerals), as well as a ground scintillometer survey. Geological and structural data will be collected, and a complementary surface sampling program performed in order to optimize the drilling program
Following publication of the report, management will mandate Innovexplo to begin the preparation of a NI-43-101 on our Chibougamau property. The main objective is for the Company to circumvent the key areas of our Uranium rich properties, where to plan the second phase of exploration program scheduled for winter 2008.
The information about Valtex is in TXHE's Pren-14C.
The assumptions about post 10/22/07 events is determined by the fact the MXXR is partnered with TXHE on all of their holdings and the believable fact that TXHE will not pump up their share price until after the RS.
Anyone else like the fact that this stock has closed at 43 all week? what a sense of humor...
Texhoma is hindering mxxr explorations as it undertakes corporate changes. On 10.22.07 texhoma will become Valtex Energy Corporation and the PRs will start flying again. hopefully, mxxr does not delay filing its 10ksb until mid month again
Konstantine Tsakumis is on the BOD for Westcan Uranium. It is not unusual for executives to sit on the BOD for several companies. I am curious about his relationship with MXXR.
http://infoventure.tsx.com/TSXVenture/TSXVentureHttpController?GetPage=PersonSummary&PO_ID=82214...
More on Big Oil strategies to reduce investment costs and to keep potential losses off the books.
Companies like MXXR and TXHE are funded for the purpose of reducing the costs for returns on investments for Big Oil (B O will always own the leases*preferred shares*) The independents are the guinea pigs, but drilling costs are paid by the majority owners with debt obligations attached*it all counts the same*now or later*. If the BOD is smart, then the little independent company will survive long enough for members to make several million dollars on the several share price rises.
Naked Shorting is an arm of this side of the capital market's wealth maximization strategies.
I am still waiting for the next round of opportunity.
It is clear that the majority of Clovelly is owned by a private company (only TXHE and MXXR PRed Allain-Lebreton)
Drilling Permit Processing Time as of September 7, 2007
Expedited Permits: approximately 4 Business days
Standard Permits: approximately 27 Business days
NEW! Chairman Williams' Drilling Permitting Update - July 25, 2007
http://www.rrc.state.tx.us/commissioners/williams/newscenter/video.html
the easter prospect in colorado county is now called Kacee Field (cruel field- cruel sandstone) . Cabot oil and gas and Tri-C resources control the field.
It remains remotely possible that Matrixx resources has Partnered with Tri-C resources on the Easter Field
8-25-07
O&G 03-0235431: Tri-c Resources, Inc. to Consider Permanent Field Rules for the Easter (15120) (27316970) Field, Colorado County, Texas.
Before ya'll attackers go jumping the gun, CONSIDER that the Profits of Big Business fund capital companies like Gracy Co. The picture is more complicated than appears.
www.otcbb.com/dynamic/tradingdata/download/mmids.txt
I am under the impression that one of these market makers is listed on a form 211 for UMNG. I believe that UMNG began the uplisting process After the Mar 22nd PR. Hudson Securities (201)216-0375. Capital Growth Financial (561)367-7123
The activities of these NASD firms could be an attempt to ensure that the firmness requirement is met.
http://finra.complinet.com/finra/display/display.html?rbid=1189&element_id=1159000863
www.otcbb.com/dynamic/tradingdata/download/mmids.txt
I am under the impression that one of these market makers is listed on a form 211 for UMNG. I believe that UMNG began the uplisting process After the Mar 22nd PR. Hudson Securities (201)216-0375. Capital Growth Financial (561)367-7123
The activities of these NASD firms could be an attempt to ensure that the firmness requirement is met.
http://finra.complinet.com/finra/display/display.html?rbid=1189&element_id=1159000863
Calcualtions for the Ni43- 101 must be awaiting the weekly update for u308 prices. Searh for U308 quotes on Monday's. It is likely that U308 will remain priced at $90 as Camenco's processing plant will remain closed until at least November (it may be another way of saying the industries is waiting for new power plants to come on line and that leaders want absolute price stability until demand kicks up. UMNG will not be contributing to U308 supply for some time, but its share price should benefit from industry discipline).
AMEX? Denison Mines Corp (DNN)
Nova Uranium remains in the pre NI43-101 phase for its Mt Laurier property. UMNG is sounding comparatively stronger so far but its time for hard facts.
Time for news. The anticipation is becoming annoying.
Ok its Friday...They must be finished in Texas. Time for NEWS...No sense in waiting. The anticipation is beooming annoying.
Wednesday-thursday (two days of events? + a travel day.) Don't know why all were guffawing for a news release today. I continue to expect a biodiesel acquisition pr this week, NI43s this week, and am considering the Mar 22nd announcement that
"Globex also announced that the internal financial statements will be completed by next Monday and made available to auditors and finance organizations. Finally, in order to protect shareholder value from potential naked shorting of the stock, the Company is currently evaluating other means to accelerate its achievement of reporting status." Cheers to September rallies !!!
Mar 22nd indicates 5 years of fiscal data counted from the fiscal year end of 12/31 as indicated by supplemental filings with SEC. Another provision for SEC registration requires that descriptions of assets be provided. By postponing uplisting until it possessed hard data on the value of some of its prospects and the biodiesel facility, UMNG demonstrates that it is working for a rapid progression into a Major Exchange uplisting (think Nasdaq!!).
read my livejournal it actually describes my method for knowing. The curse of unimaginable hyperawareness (mirror neurons in overdrive). December of next year the brown noise will be played and you will know why the Nyc boys think that I am so cool.
you missed it..They do not owe TXHE. The Participation costs are owed to Sunray just like the Dry Hole Costs were owed to Sunray. It seems pretty clear that Sunray would not have filed to drill the Manville wells with the Texas RR commission if the arrears for Sandy Pointhad not been paid off.
know what you read.
http://app.quotemedia.com/quotetools/showFiling.go?name=MATRIXX%20RESOURCE%20HOLDINGS,%20INC.:%2010Q....
Sandy Point Prospect - Fite #3. On November 16, 2006, the Company finalized the terms of agreement with Texhoma and Sunray to acquire a 10% working interest in the Sandy Point Prospect for an aggregate amount of $35,928. The participation fee is to be paid through a conveyance of 15% of the Company’s participation in Buck Snag, valued at $22,500;10% participation in the Manvel properties valued at $6,000; and $7,428 in cash.
As of March 31, 2007, the Company owes the balance of $9,279 for its proportionate share of the cash calls for drilling on the Sandy Point Prospect which is included in the accruals payable and accrued liabilities.
Furthermore the 10qsb adds:
In the period from March 31, 2007 to May 10, 2007, the Company issued an aggregate of 20,958,400 shares of Common Stockto five consultants, including Catherine Thompson, for management consulting services.
As of May 18, 2007, the Company owes principal and accrued interest of $616,346 on the Kuma Loan.
On April 5, 2007 the Fite #3 well at Sandy Point was logged and determined to be a dry hole.
Sandy Point Prospect. On November 16, 2006, the Company finalized the terms of an agreement with Texhoma and Sunray to acquire a 10% working interest in the Sandy Point Prospect for an aggregate amount of $35,929. The participation fee is to be paid through a conveyance of 15% of the Company’s participation in Buck Snag valued at $22,500;10% participation in the Manvel properties valued at $6,000; and $7,429 in cash. The Company’s initial participation in Buck Snag was 57.5%, which was decreased to 42.5% as described above. Additionally, the Company’s initial 55% participation in each of the Manvel Prospects has been decreased to 45%. The remaining terms of the Buck Snag and Manvel Agreements were not altered. The Fite #3 well completed drilling in April 2007 to the Frio sands, but logs found no evidence for the potential of oil or gas in the sands. The Fite #3 well will be plugged and abandoned.
You are talking about money which was owed to Sunray. Diffentiate Participation, Acquisition, Dry Hole Costs, and Completion Costs. Each term has a unique legal meaning and only acquisition does not involve drilling.
I stand by that assertion. A significant gulf storm WILL (it always does) drive Financiers into the arms of Independent Oil and Gas producers and operations will expand more quickly so long as gulf produciton is slowed
12/31 is fiscal year end (sec supplementals-foreign issuer)....
i still don't see the incentive to wait for the new fiscal year.
I continue to support my earlier assessments which congrue with Mr. de Montigny also stated: "I want to inform the shareholders that we are awaiting the results of the NI-43-101 on Laurentide 1 and 2 prior to closing our financial statements in preparation for our form 10 filing for uplisting.
OTCBB before month's end? The prospectus being provided for the TSX venture corp indicates that UMNG is likely to have declared 6/30 as their fiscal year end. If they didn't file last friday meaning the S-1 and REGDEX would not appear as Filings until this Friday. Even though I see no advantage to waiting for the end of this quarter*if Jun 30th is counted as fiscal year end* waiting for the quarter end for me would indicate that they are filing Form 10 by October 15th.... would have the S-1 become official by Oct 22 (if they have the cash hire the NASD firm to act during 10/15-10/25 time frame). Uplist by 10/31. And Uplist again before TSX Venture meeting