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i bet it hits .0009 again for the MMs to fill and will step up then
#1666 for IR-Contact details.
Gerrard Hollister was here on iHub yesterday posting the contact details! His username is his name
EMLL before, EMLL after
Boardmarks up!
symbol, chart and volume is now fixed on iHub and other sites.
it´s about market cap and not share price!
bought or sold at the ask?
hello Insider!
.0008 x .0009 BULLSHIT !!
bids building
weird trading tells me, that there is a huge upmove coming.
when? maybe today, maybe tomorrow. nobody knows except the MMs and the insiders
Research on EMLL
Ludlow Capital Initiates Research Opinion on El Maniel Intl (EMLL)
Last Updated: August 16, 2010 - 8:30am EST
(NEW YORK)--Ludlow Capital issued research opinion on El Maniel International, Inc. (OTC:EMLL), a holding company within the oil and natural gas industry, with a near-term 'float lock-up' watch.
In July 2010, the Company acquired Eastern Pennsylvania Oil Terminal (www.beachhavenoilterminal.com) Through Its wholly-owned Subsidiary El Maniel Energy Ltd. The facility has potential capacity of 24 million gallons of petroleum products per year, and include five acres of land, buildings and equipment valued at over 2 million dollars. The terminal has extensive SUNOCO (NYSE:SUN) pipeline connections on site that are currently open for the delivery of fuel and is part of the SUNOCO eastern pipeline system. The Company is also planning biodiesel production at the facility to help satisfy the state’s new biofuel mandate, and currently has no debt or tax overhangs against the facility.
Share Structure and Valuation
On August 12, 2010, the Company restructured the Company to around 2.29 billion shares issued and outstanding. Of that number, 2 billion is held by insiders and is restricted and unavilable for sale in the open market based on SEC rules. Thus, the Company has a public float of around 292 million, with over 100 million traded on Friday, August 13th alone.
Taking into account the value of their Eastern Pennsylvania Oil Terminal at $2 million, and a 70% equity interest "JFK” Stamp Collection valued at $4.5 million dollars, we come up with an off-hand valuation of $6.5 million. Based on 2.3 billion shares outstanding we come up with a fair-market valuation of around $0.003 per share.
Note, this does not take into account the potential capacity of 24 million gallons of petroleum products per year, and possible facility expansion in relation to the Marcellus Shale natural gas exploration.
Institutional Presentation
Ludlow has initiated its research on this company, and has invited El Maniel to present in front of an institutional investment group in New York's Financial District. This report is pending further updates.
Risks
The company is currently traded on the Pink Sheet exchange, and thus has a limited trading market established. Investors are highly encourage to consult with a financial advisors before making and and all investment decisions regarding these kinds of securities.
bid and ask is in disco mode
switches from .0009 x .0012 to .0010 x 0.0011 and back and forth and back and forth..
everybody can read the news here: http://finance.yahoo.com/news/El-Maniel-International-Inc-pz-1309837723.html?x=0&.v=1
great news - no volume?
this news could move us to the next level beyond .003 !
El Maniel International Inc. Explores Mining Opportunities in West Africa
EL Maniel Intl (BB) (OTCBB:EMLL)
Date : 08/17/2010 @ 9:28AM
Source : GlobeNewswire Inc.
El Maniel International Inc (OTCBB:EMLL) announces today that its board has unanimously agreed to move forward on initiatives to conduct Alluvial Gold mining in Ghana, West Africa.
Alluvial mining is a process used where a river runs or has previously run through ground which is rich in gold. The effect of the erosive power of the water in the river is such that the surrounding rock being light (of low density) is carried downstream whilst the gold, being very heavy, resists being moved. Once in a state where gold has already been concentrated by natural alluvial processes, a further step is used which traps the small gold particles, allowing remaining sand, etc. to pass through. The final gold concentrate is cleaned further by amalgamation and distillation.
El Maniel's plan covers more than 200 acres of Gold mining concessions in Ghana with initial action to take place on a parcel of 25 acres, an alluvial gold mining plot located in Asikam, Kibi, at the East Akim District of the Eastern Region of Ghana. Gold accounts for about 40% of total exports in Ghana, ranking it as one of the largest areas of Gold deposits in Africa, second only to South Africa. Ghana is currently the 10th largest Gold producing country in the world.
El Maniel will execute this initiative efficiently as a joint venture with a local partner with extensive experience in alluvial gold mining technology. "This gives us the resources and equipment necessary to expedite this for collective benefit," states EMLL CEO Jamie Khoo.
"It's important to note that Gold accounts for 40% of the total exports in Ghana. It is well known for its abundance in minerals with the discovery of Gold dating back 500 years," adds Khoo. "The 25 acres we plan to begin with is expected to have a gross estimated alluvial gold reserve deposit value of a minimum of 260,000 oz. This is subject to final geological survey, but even as an estimate, we are confident the project will be highly profitable as the current U.S. Gold price is USD1,221 with upward expectations, while the cost to produce Gold per ounce in Ghana is roughly USD400-500, allowing for tremendous margins for El Maniel."
A report Monday showed that Gold prices rose to a six-week high on signs the global economy is faltering, boosting demand for the metal as a protector of wealth. In the last year, China has increased its gold holdings, by weight, by 75.69%, Russia by 18.78%, the Philippines by 18.50% and Mexico by 108.91%.
The company feels its strengths moving forward in regards to overall growth and position will be to place its focus in the oil/petroleum distribution and alluvial Gold mining projects while continuing to build its alternative asset portfolio as with the recent Stamps & Collectibles asset valued in excess of USD4 million and will be updating website, OTC Markets and other financial press distribution outlets to reflect this focus.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
CONTACT: Gerrard Hollister
Investor Relations Contact:
+1 (310) 909-7988
IR@GerrardHollister.com
Place your sell orders above .003 or higher. By doing this your shares can´t be shorted
.0022 is my target for today.
why exactly?
i´m holding overnight
see you tomorrow over 0.002
0.0012 x 0.0013
great knockout ;)
slap that .0011 !!
everything under .0013 is cheap
0.001 x 0.0011
sure the insiders want to see EMLL higher
0.001 x 0.0011
Do you know bala in person?
bought @ 0.0010
0.0009 x 0.0010
bids building
great. really .....
0.0008 x 0.0009
ugly today...
L2 screenshot please
at least it trades like that