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I think most of us have heard that currency as we know it will cease to be in the future. In place will be debit cards or credit cards or something similiar.
Could it be the time is fast approaching?
About Bouse & copperstone mining
Details on "Bouse" Gold Mining and Exploration Project:-
Dr Wayne P Colliston prepared this report, in August, 2004 on the 1,300 acre Bouse gold (silver - copper) property situated in the La Paz area of western Arizona, USA, near the California border. At the gold price of approximately US$400/oz (in August 2004), this provides a value estimate for the deposit in the range of up to $600 million. This estimated gold resource is for the little Butte area only, and does not include any potential from the remainder of the property. At the current Gold price of circa US$800/oz, the revised and updated valuation report , will be significantly higher.
Dr Colliston reports that the mineralising event at Bouse was a mid-Tertiary epithermal event, causing complex mineralization of gold, fluorite, barite, and associated metals into previous copper-specularite mineralization. The prime cause was regional crustal extension along the Plomosa Fault, just north of the Plomosa Mountains, which has now been identified as a detachment fault. The "detachment fault" style of deposit is best seen at Copperstone, the biggest gold discovery in Arizona in the past 50 years, where 500,000 oz of gold was profitably by Cyprus Gold in the open pit there. The Mesquite mine is another of this type.
Mineralization at Bouse is located primarily below the fault trace, in the lower plate, in pre-Cambrian rocks older than 1 billion years. Mineralization is found both in steeply dipping quartz veins and in laterally extensive breccia zones. The nature of these structures and associated mineralization over almost all of the 1,300 acres suggest further potential for major detachment fault gold deposits, and other deposits associated with this style of mineralization.
The Bouse area is an historic gold producer, with the Little Butte open pit and underground mines as known producers. Importantly, the historical grade recovered here averaged over 0.4 oz/ton. Around 2/3 of this production was from the Little Butte Mine, where the Arizona Department of Mines and Mineral Resources has recorded that the results of a 16-hold drilling programme showed about 5 million tons of inferred ore grading between 0.05 and 0.30 oz/ton.
Others areas of interest within the Company's 1,300 acres are the Brindle Claims, the high grade Arrastre Mine, the Blue Slate Mine and the Flat Fault Mine.
Located just north of the Plomosa Fault, The Bouse Property includes 3 historical mines and almost 1'300 acres of project area, with significant inferred reserves of Gold, Silver and Copper. The Burnt Well Property also includes an historical mine within the project area which covers 640 acres which includes inferred reserves of Gold, Silver and Copper.
Local Geology
BOUSE PROPERTY, a Mid-Tertiary system of epithermal mineralization was introduced into a stacked sequence of lithotectonic units that are located on the northern side of the Plomosa Detachment Fault. Complex epithermal gold, barite and fluorite mineralization is superimposed on earlier copper-specularite mineralization. Gold occurs in laterally extensive breccias and in steeply dipping amethystine-quartz veins. Past district production (over 2/3 of which was from the Little Butte Mine) averaged over .4 oz/T gold. Strong likelihood of a major detachment fault associated gold / copper deposit, similar to the proven and mined Copperstone and Mesquite deposits. Past drilling by Tenneco, US Borax and Homestake found significant gold bearing intervals in both the breccias and high angle structures.
BURNT WELL PROPERTY, the regional geological setting is a major detachment fault (called the "Bullard Detachment Fault") separating an upper plate of Tertiary siltstone / sandstone and conglomerate from a lower plate of Precambrian mylonitic gneiss. In the vicinity of the Silver Lining Mine, the upper plate is intensely altered and shattered. The sedimentary rocks on the mine dump contain hematite, chrysacolla, calcite and sparse manganese oxides. Gold, Silver and Copper mineralization is found in the altered sedimentary rocks. The principal outcrop at the Silver Lining Mine is approximately 40 to 80 meters from the detachment fault. There is a strong likelihood of a major Gold / Copper deposit, similar to the proven and mined Copperstone and Mesquite deposits. The Burnt Well is a "grass roots" project that has been overlooked by numerous major mining companies during the most recent exploration boom in La Paz County.
Project Summary
The Bouse Project involves an important new type of Arizona gold deposit, called a "detachment fault" deposit. Detachment fault deposits were first recognized as a separate form of gold deposit in the 1980's. Enclosed within this pack is an article by noted Arizona geologist Joe Wilkins Sr., which describes the leading theory about how they formed. The best example of an Arizona detachment gold deposit is Copperstone, which is about 20 miles from Bouse. It was the biggest gold discovery in Arizona in at least 50 years. Cyprus Gold profitably mined the 500,000 oz open pit resource during the 1980's. American Bonanza is presently doing underground drilling. It looks like the underground high grade resource is even larger. Enclosed are some materials on the Copperstone for your general information on its history and American Bonanza's present activities there, which are the major news in Arizona gold exploration at this time. Unlike Copperstone, Bouse is an historic gold producer. 5,000 ounces were produced from high grade ore early in the 20th century. It was also worked as an underground copper mine. Most of this production was from the Little Butte Mine, which is the centerpiece of our land position.
Starting in the 1980's there has been a lot of exploration work at Bouse. Per Arizona Department of Mines and Mineral Resources records, prior to 1983 a 16 hole drill program blocked out 5,000,000 tons of material ranging from .05 to .30 ounces gold per ton. These drill-holes were in the immediate vicinity of the Little Butte underground mine and the Little Butte open pit. The drill hole locations are indicated as drill holes of an "Unknown" exploration company on the enclosed Homestake Mining map.
Next, Fischer Watt exploration, a well regarded company based in Butte, Montana, leased the Little Butte mine. They estimated the resource more conservatively, at 2,000,000 tons of .07 ounce per ton rock. They drilled exactly one 290 foot hole near the Little Butte underground mine and encountered 7 gold bearing intervals.
Tenneco then took over the project. They drilled 17 holes and found gold bearing intervals in 10 of them. Not only did Tenneco find gold at the Little Butte underground mine and open pit, but they also found gold at the Arrastre Mine, the Blue Slate Mine and the Flat Fault Mine, all of which are included in our project.
During 1984 US Borax drilled 18 holes in the pediment to the west of the historic mining district along the inferred course of the Plomosa detachment fault. Three of these holes met with success. We have a lot of material from this project, and it is included for your review. These are the packets and maps from Corn & Ahearn and PCMI. While we have not viewed this area as a high priority, some of it has been included in our present land position.
Starting in 1987, Homestake Mining leased the central part of the district (called the Brindle claims - these are the core of our present land position) and acquired an option to purchase the smaller patented group to the west called the Paradise Mine, which is not included in our project. Homestake drilled over 50 holes over a 4 year period. They found significant gold mineralization everywhere that Tenneco did at the Little Butte mine and open pit, the Blue Slate Mine and the Flat Fault Mine. They also put down seven drill holes in the vicinity of the detachment fault. Enclosed is a pack which we obtained from Barrick which includes all of Homestake's drill logs and assay results. The map at the rear section entitled "Alteration, Mineralization and Drill Holes" includes all of the drill information for the previous work by Fischer Watt, US Borax and Tenneco.
What does the future hold for this gold deposit? While a gold deposit this big will take a substantial amount of work to turn into a large proven reserve, this should be a simple and straight forward effort if the drill programs focus on the core deposit, rather than concentrating on peripheral areas. The core deposit may be visualized as an inverted "V" with the Little Butte underground mine near the apex, the Little Butte open pit, Flat Fault mine and Blue Slate mine along the left leg, and the Airfield deposit at the bottom of the right leg. If, as we believe, the entire area of the inverted "V" turns out to be a mineable open pit resource this would be a far larger gold deposit than the 1,000,000 +/- oz Copperstone, and may be closer to the 10,000,000 oz size of the Mesquite mine, which is another detachment fault deposit in California.
Another high priority area is the granite block located within the confines of the inverted "V." There is high grade gold mineralization at the Arrastre Mine, which is near the southern end of the granite block about 4,000 feet south of the Little Butte underground mine. Homestake did not even bother to map this area in detail, which is surprising given the extensive surface shows of copper oxide and the abundant quartz.
Also included are the two major geological reports on the district. (1) The Jemmett report, from 1966, is included because it gives some good descriptions of the individual mines. While Jemmett is not very enthusiastic about the mineral possibilities of the district, his report predates the discovery of the detachment fault model of gold mineralization, which turned Western Arizona into a "hot" area for mineral exploration. (2) The second report by Duncan was funded by Homestake. An important conclusion (p.37) is that the high gold and copper values are in a NE / SW band corresponding to the left leg of the inverted "V" referred to above.
Included with the projects is the Burnt Well property, also located in La Paz County. We have acquired about 640 acres along the Bullard detachment fault in the vicinity of the Silver Lining Mine, and plan to add at least another 480 acres. While Cominco drilled the Bullard deposit to the east along this fault, Burnt Well escaped the attention of the majors during the 1980's gold exploration boom. A limited amount of material is included from the Arizona Geological Survey and the Arizona Department of Mines and Mineral Resources. Preliminary surface sampling shows similar grade (approximately .1 oz gold per ton) as the open pit resource at Copperstone. There is no recorded production for this district. However, from the size of the dumps, it is obvious that there must have been substantial production in the past.
Details on "Copperstone" Gold Mining & Exploration Property:-
The Gold and Silver Mining Exploration Projects controlled by Copperstone Mining Limited are situated in La Paz County, Arizona and extend to an area of 5,760 acres. The claims consist of 1 Lode and 36 Placer sites. There are no workings to date and the Project was first opened in the 1970's. There are no Reserves proven or inferred at this time.
GEOLOGY:-
The regional geological setting is dominated by detachment faults of Tertiary age, as well as younger high angle normal faults. Gold mineralization at the existing Copperstone mine (presently owned by American Bonanza) occurs in northwest-striking, moderate-to-shallow dipping fault zones within a package of Triassic sediments and Jurassic quartz latite volcanics. Most of the known Copperstone gold mineralization occurs in a breccia zone related to the fault.
The South Copperstone claim block is immediately south of the Copperstone property, which it adjoins. Searchlight Exploration's claim block is largely covered by a thin veneer of alluvium. The western edge has exposed bedrock consisting of banded quartz latite flows intruded by granite.
POTENTIAL:-
The potential is another Copperstone deposit, which had a 500,000T OP resource of .09 oz/T gold that was mined by Cyprus Gold in the 1980's. A reportedly larger high grade underground resource is presently being developed by American Bonanza with support by GoldCorp. Initial drilling by Callahan Mining at South Copperstone found anomalous gold (approx .02 oz T) hosted by quartz and altered quartz latite. This is consistent with Cyprus drill results from immediately north of the claim block. However drilling wa
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Fortress Financial Group, Inc. - Transaction on Remaining Gold Mining Companies
Wednesday December 19, 12:52 PM EST
NEW YORK, Dec 19, 2007 (BUSINESS WIRE) -- Fortress Financial Group, Inc. (FFGO) confirms that it now disposing of its remaining interests in its "Bouse" and "Copperstone" Gold Mining & Exploration properties.
These interests are being disposed of to a USA quoted Gold Mining Company. Fortress Financial Group, Inc. will not seek nor will it appoint any representatives to that Company's Board of Directors. This Company has an established and very experienced Mining Team, in place.
Fortress Financial Group, Inc. and other eligible stockholders in Bouse Mining Holdings plc and in Copperstone Mining Holdings plc will receive shares in the quoted Gold Mining Company.
The "eligible stockholders" are stockholders of Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) who received Stock Dividends, as follows :-
Bouse Mining Holdings, Inc. on November 7, 2005; and
Copperstone Mining Holdings plc on December 2, 2005
These eligible stockholders will receive "free trading" stock in this quoted Gold Mining Company as they have held their stock for a period in excess of two years.
It is expected that this transaction will be completed by January 15, 2008.
It is expected that Fortress Financial Group, Inc. and its eligible stockholders will receive an amount of circa US$1 billion in shares in this quoted Gold Company, primarily based upon the valuation of the "Bouse" Gold Mining & Exploration project.
This is in additional to the 407,250,000 shares of Hunt Gold Corporation (HGLC) Common Stock, representing 41% of the outstanding shares in Hunt Gold Corporation being issued, by the Transfer Agent to Hunt Gold Corporation; to Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) eligible stockholders.
In addition to this transaction, Fortress Financial Group, Inc. has received an amount of 483,750,099 shares of Hunt Gold Corporation Common Stock, representing 48% of the outstanding stock in Hunt Gold Corporation.
Fortress Financial Group, Inc. does not intend to retain all of its stock in Hunt Gold Corporation and intends to distribute the majority of its stockholding in that Company, to Fortress Financial Group, Inc. stockholders, as a special Stock Dividend, in the near future. Fortress Financial Group, Inc. intends to do the same, in respect of this transaction. Stockholders will be advised accordingly.
Peter J Bezzano, the Chairman of Fortress Financial Group, Inc. commented that "he was extremely satisfied that the Company had delivered upon its promises to its stockholders and managed to achieve the long promised unlocking of stockholder value. He added that the completion of this transaction, coupled with the stock received in Hunt Gold Corporation, has placed the Company in a very strong financial position and will allow Management to focus on its planned rapid growth of its prepaid Debit Card business. He added that the stock in respect of this transaction and in Hunt Gold Corporation being distributed to our loyal and long standing stockholders would now be in excess of US$1.6 billion, excluding future planned Stock Dividend distributions."
Details on "Bouse" Gold Mining and Exploration Project:-
Dr Wayne P Colliston prepared this report, in August, 2004 on the 1,300 acre Bouse gold (silver - copper) property situated in the La Paz area of western Arizona, USA, near the California border. At the gold price of approximately US$400/oz (in August 2004), this provides a value estimate for the deposit in the range of up to $600 million. This estimated gold resource is for the little Butte area only, and does not include any potential from the remainder of the property. At the current Gold price of circa US$800/oz, the revised and updated valuation report , will be significantly higher.
Dr Colliston reports that the mineralising event at Bouse was a mid-Tertiary epithermal event, causing complex mineralization of gold, fluorite, barite, and associated metals into previous copper-specularite mineralization. The prime cause was regional crustal extension along the Plomosa Fault, just north of the Plomosa Mountains, which has now been identified as a detachment fault. The "detachment fault" style of deposit is best seen at Copperstone, the biggest gold discovery in Arizona in the past 50 years, where 500,000 oz of gold was profitably by Cyprus Gold in the open pit there. The Mesquite mine is another of this type.
Mineralization at Bouse is located primarily below the fault trace, in the lower plate, in pre-Cambrian rocks older than 1 billion years. Mineralization is found both in steeply dipping quartz veins and in laterally extensive breccia zones. The nature of these structures and associated mineralization over almost all of the 1,300 acres suggest further potential for major detachment fault gold deposits, and other deposits associated with this style of mineralization.
The Bouse area is an historic gold producer, with the Little Butte open pit and underground mines as known producers. Importantly, the historical grade recovered here averaged over 0.4 oz/ton. Around 2/3 of this production was from the Little Butte Mine, where the Arizona Department of Mines and Mineral Resources has recorded that the results of a 16-hold drilling programme showed about 5 million tons of inferred ore grading between 0.05 and 0.30 oz/ton.
Others areas of interest within the Company's 1,300 acres are the Brindle Claims, the high grade Arrastre Mine, the Blue Slate Mine and the Flat Fault Mine.
Located just north of the Plomosa Fault, The Bouse Property includes 3 historical mines and almost 1'300 acres of project area, with significant inferred reserves of Gold, Silver and Copper. The Burnt Well Property also includes an historical mine within the project area which covers 640 acres which includes inferred reserves of Gold, Silver and Copper.
Local Geology
BOUSE PROPERTY, a Mid-Tertiary system of epithermal mineralization was introduced into a stacked sequence of lithotectonic units that are located on the northern side of the Plomosa Detachment Fault. Complex epithermal gold, barite and fluorite mineralization is superimposed on earlier copper-specularite mineralization. Gold occurs in laterally extensive breccias and in steeply dipping amethystine-quartz veins. Past district production (over 2/3 of which was from the Little Butte Mine) averaged over .4 oz/T gold. Strong likelihood of a major detachment fault associated gold / copper deposit, similar to the proven and mined Copperstone and Mesquite deposits. Past drilling by Tenneco, US Borax and Homestake found significant gold bearing intervals in both the breccias and high angle structures.
BURNT WELL PROPERTY, the regional geological setting is a major detachment fault (called the "Bullard Detachment Fault") separating an upper plate of Tertiary siltstone / sandstone and conglomerate from a lower plate of Precambrian mylonitic gneiss. In the vicinity of the Silver Lining Mine, the upper plate is intensely altered and shattered. The sedimentary rocks on the mine dump contain hematite, chrysacolla, calcite and sparse manganese oxides. Gold, Silver and Copper mineralization is found in the altered sedimentary rocks. The principal outcrop at the Silver Lining Mine is approximately 40 to 80 meters from the detachment fault. There is a strong likelihood of a major Gold / Copper deposit, similar to the proven and mined Copperstone and Mesquite deposits. The Burnt Well is a "grass roots" project that has been overlooked by numerous major mining companies during the most recent exploration boom in La Paz County.
Project Summary
The Bouse Project involves an important new type of Arizona gold deposit, called a "detachment fault" deposit. Detachment fault deposits were first recognized as a separate form of gold deposit in the 1980's. Enclosed within this pack is an article by noted Arizona geologist Joe Wilkins Sr., which describes the leading theory about how they formed. The best example of an Arizona detachment gold deposit is Copperstone, which is about 20 miles from Bouse. It was the biggest gold discovery in Arizona in at least 50 years. Cyprus Gold profitably mined the 500,000 oz open pit resource during the 1980's. American Bonanza is presently doing underground drilling. It looks like the underground high grade resource is even larger. Enclosed are some materials on the Copperstone for your general information on its history and American Bonanza's present activities there, which are the major news in Arizona gold exploration at this time. Unlike Copperstone, Bouse is an historic gold producer. 5,000 ounces were produced from high grade ore early in the 20th century. It was also worked as an underground copper mine. Most of this production was from the Little Butte Mine, which is the centerpiece of our land position.
Starting in the 1980's there has been a lot of exploration work at Bouse. Per Arizona Department of Mines and Mineral Resources records, prior to 1983 a 16 hole drill program blocked out 5,000,000 tons of material ranging from .05 to .30 ounces gold per ton. These drill-holes were in the immediate vicinity of the Little Butte underground mine and the Little Butte open pit. The drill hole locations are indicated as drill holes of an "Unknown" exploration company on the enclosed Homestake Mining map.
Next, Fischer Watt exploration, a well regarded company based in Butte, Montana, leased the Little Butte mine. They estimated the resource more conservatively, at 2,000,000 tons of .07 ounce per ton rock. They drilled exactly one 290 foot hole near the Little Butte underground mine and encountered 7 gold bearing intervals.
Tenneco then took over the project. They drilled 17 holes and found gold bearing intervals in 10 of them. Not only did Tenneco find gold at the Little Butte underground mine and open pit, but they also found gold at the Arrastre Mine, the Blue Slate Mine and the Flat Fault Mine, all of which are included in our project.
During 1984 US Borax drilled 18 holes in the pediment to the west of the historic mining district along the inferred course of the Plomosa detachment fault. Three of these holes met with success. We have a lot of material from this project, and it is included for your review. These are the packets and maps from Corn & Ahearn and PCMI. While we have not viewed this area as a high priority, some of it has been included in our present land position.
Starting in 1987, Homestake Mining leased the central part of the district (called the Brindle claims - these are the core of our present land position) and acquired an option to purchase the smaller patented group to the west called the Paradise Mine, which is not included in our project. Homestake drilled over 50 holes over a 4 year period. They found significant gold mineralization everywhere that Tenneco did at the Little Butte mine and open pit, the Blue Slate Mine and the Flat Fault Mine. They also put down seven drill holes in the vicinity of the detachment fault. Enclosed is a pack which we obtained from Barrick which includes all of Homestake's drill logs and assay results. The map at the rear section entitled "Alteration, Mineralization and Drill Holes" includes all of the drill information for the previous work by Fischer Watt, US Borax and Tenneco.
What does the future hold for this gold deposit? While a gold deposit this big will take a substantial amount of work to turn into a large proven reserve, this should be a simple and straight forward effort if the drill programs focus on the core deposit, rather than concentrating on peripheral areas. The core deposit may be visualized as an inverted "V" with the Little Butte underground mine near the apex, the Little Butte open pit, Flat Fault mine and Blue Slate mine along the left leg, and the Airfield deposit at the bottom of the right leg. If, as we believe, the entire area of the inverted "V" turns out to be a mineable open pit resource this would be a far larger gold deposit than the 1,000,000 +/- oz Copperstone, and may be closer to the 10,000,000 oz size of the Mesquite mine, which is another detachment fault deposit in California.
Another high priority area is the granite block located within the confines of the inverted "V." There is high grade gold mineralization at the Arrastre Mine, which is near the southern end of the granite block about 4,000 feet south of the Little Butte underground mine. Homestake did not even bother to map this area in detail, which is surprising given the extensive surface shows of copper oxide and the abundant quartz.
Also included are the two major geological reports on the district. (1) The Jemmett report, from 1966, is included because it gives some good descriptions of the individual mines. While Jemmett is not very enthusiastic about the mineral possibilities of the district, his report predates the discovery of the detachment fault model of gold mineralization, which turned Western Arizona into a "hot" area for mineral exploration. (2) The second report by Duncan was funded by Homestake. An important conclusion (p.37) is that the high gold and copper values are in a NE / SW band corresponding to the left leg of the inverted "V" referred to above.
Included with the projects is the Burnt Well property, also located in La Paz County. We have acquired about 640 acres along the Bullard detachment fault in the vicinity of the Silver Lining Mine, and plan to add at least another 480 acres. While Cominco drilled the Bullard deposit to the east along this fault, Burnt Well escaped the attention of the majors during the 1980's gold exploration boom. A limited amount of material is included from the Arizona Geological Survey and the Arizona Department of Mines and Mineral Resources. Preliminary surface sampling shows similar grade (approximately .1 oz gold per ton) as the open pit resource at Copperstone. There is no recorded production for this district. However, from the size of the dumps, it is obvious that there must have been substantial production in the past.
Details on "Copperstone" Gold Mining & Exploration Property:-
The Gold and Silver Mining Exploration Projects controlled by Copperstone Mining Limited are situated in La Paz County, Arizona and extend to an area of 5,760 acres. The claims consist of 1 Lode and 36 Placer sites. There are no workings to date and the Project was first opened in the 1970's. There are no Reserves proven or inferred at this time.
GEOLOGY:-
The regional geological setting is dominated by detachment faults of Tertiary age, as well as younger high angle normal faults. Gold mineralization at the existing Copperstone mine (presently owned by American Bonanza) occurs in northwest-striking, moderate-to-shallow dipping fault zones within a package of Triassic sediments and Jurassic quartz latite volcanics. Most of the known Copperstone gold mineralization occurs in a breccia zone related to the fault.
The South Copperstone claim block is immediately south of the Copperstone property, which it adjoins. Searchlight Exploration's claim block is largely covered by a thin veneer of alluvium. The western edge has exposed bedrock consisting of banded quartz latite flows intruded by granite.
POTENTIAL:-
The potential is another Copperstone deposit, which had a 500,000T OP resource of .09 oz/T gold that was mined by Cyprus Gold in the 1980's. A reportedly larger high grade underground resource is presently being developed by American Bonanza with support by GoldCorp. Initial drilling by Callahan Mining at South Copperstone found anomalous gold (approx .02 oz T) hosted by quartz and altered quartz latite. This is consistent with Cyprus drill results from immediately north of the claim block. However drilling was not deep enough to penetrate the breccia unit. Initial IP work found anomalous chargeability values to the south of Callahan's claim block (roughly in the middle of Searchlight's claim block and on trend with the historic Valenzuela mine, which is located on the Indian Reservation immediately west of the claim block). There is no evidence that these findings were followed up.
Looks like all the O/S sold today HHHMMMmmm
I am quessing they will state that they will retian some gold propertys, since gold is on the up going further imo.
Maybe cheaper for TFN to buy @ .0001 than a big payout for some business deal we do not know of yet.
After all, TFN does not have to address the shareholders of BKMP.
Just thinking IMO.
Will FFGO be included?
Since 1950, the last 5 trading days (called Santa Claus trading) has gone up 1.5% on average.
Well, this will propel the PPS
I would think.
Alot of people already recieved the 25% DIVI DAYS AGO, BETTER JUMP ON YOUR BROKER ON WHATS THE DEAL.
His thinking is stupid, as gold is high, and gold stocks are in. Plus somebody needs to tell him that people can go to the big grocery stores and pre purchase a Mastercard card in different money amounts.
I was not aware of that until I just bought a few gift cards for Restaurants to send as gifts.
Free trading just got my 25% into account
Bank of America
Silverstar heres the delisting codes which
does not mean a stock is delisted.
Usually these codes show in the volume box first thing in the morning as trading starts.
Have seen 3 different stocks with codes that materialized after a few days. such as 200 for merger, etc.
http://www.bsu.edu/web/cob/econ/database/crspstk/delistcode.html
Mr. Samai Singjan says
Dear Shareholder:
I have been given you email address as you all seem to have the same question - and that is what does BKMP own.
While I am here to tell you that it owns a fairly significant chunk of TFN - Global (Previously - Blackout Communications). The TFNG has done some corporate functions and has changed some of the designation of shares as well as ownership, but that has not taken away from our ownership.
We own a little less then we did before now we own 15.4%, and that will continue to decrease as they bring in money to fund the build out of the company in Canada and around the world.
It takes million and millions of dollars to build and run a network, if any of you have followed Fox - they spent $200 million launching there business channel in the United States. The Fight Network does not require that much funding, but it does require funding and the old adage "it is better to won a small piece of a big pie verses a big piece of a small pie or a big piece of nothing" applies here, as they are raising money to expand the company to be bigger and better.
You invested in BKMP because you believed in its business being an holder of TFN, that has not changed.
My job is to make sure that we build on what we have and I will do my best to do that. I will be looking at other investment opportunities for the company to expand its holdings and create additional shareholder value for all concerned and I hope that you will all support this initiative.
Mr. Winick handed over the reins to me because he believed that I could do that for all the loyal shareholders and I will do my best to do that.
Please feel free to email me and I will do my best to keep everyone informed.
Yours truly,
S. Singjan
What a shame FFGO has
missed the busyest season for prepayed gift credit cards. So little Judy comes home from college break, and Aunt Annie was going to give little Judy a prepaid credit card to take back to college as a Xmas gift, but oh no FFGO did not have the operation up & running yet. What a shame for little Judy, Aunt Annie & the shareholders of FFGO.
Forget the details of the company, the
MACD on the charts is a cat hair away from going positive.
Sat Pic 1903 60th place E. Bradenton, Fl
http://www.terraserver.com/view.asp?cx=347750.006677812&cy=3035467.80432246&proj=32617&mpp=0.75&pic=-1&prov=-1&stac=-1&styp=AD
3 min before close today .0012 EOM
So the 25% divi is not to be restricted EOM
I agree, not doing this for nothing besides I think the average PPS for 2 years prior to May 07 was .25.
Something going on here IMO.
I am beggining to think FFGO
has been slow on procedures to drive the FFGO PPS way down. Then they will buy a bunch of their own stock and come out with very positive PR's. They will make a killing.
Naw, they wouldn't do that, would they?
-
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Great West Gold, Inc. -- Update on Windsor Resources, Inc.
Market Wire, December, 2005
Great West Gold, Inc. (OTC BB: GWGO) announced to its shareholders that it has disposed of its entire shareholding in Western Gold Limited, formerly a wholly owned subsidiary company of Great West Gold, Inc., to Windsor Resources, Inc. in exchange for 200,000,000 restricted shares of Great West Gold, Inc. Common Stock.
Great West Gold, Inc. received an amount 98,000,000 restricted shares of Windsor Resources, Inc. Common Stock. The balance in the amount of 102,000,000 shares of restricted Common Stock of Windsor Resources, Inc. was allocated to Western Diversified Mining Resources, Inc., a company in which Great West Gold, Inc. holds an interest of 71.43%.
Great West Gold, Inc. then announced to its shareholders that it was distributing an amount of 98,000,000 shares of Windsor Resources, Inc. Common Stock to its shareholders of record as at November 7, 2005.
It was intended that Windsor Resources, Inc. seek an immediate admission to the OTC Pink Sheets Market. Various material changes to the OTC Pink Sheets Market Rules and Regulations have forced Great West Gold, Inc. to restructure its plans due to the extended period of time it will take to gain the admittance of Windsor Resources, Inc. shares of Common Stock for trading on the OTC Pink Sheets Market. Great West Gold, Inc. shareholders would have been unable to trade their shares in Windsor Resources, Inc. on the OTC Pink Sheets Market as they would have been restricted for a period of one year from the date of their issue under Regulation 144.
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Great West Gold, Inc. will now be immediately disposing of its 98,000,000 restricted shares of Common Stock in Windsor Resources, Inc. to Bouse Mining Holdings plc incorporated in the United Kingdom and will not be distributing any of these shares to Great West Gold, Inc. shareholders. Windsor Resources, Inc. will remain an as unquoted Private Gold Mining Exploration Company.
Bouse Mining Holdings plc is being restructured at this time, a process that is expected to be completed within ten days at the most. The Share Capital Structure of Bouse Mining Holdings plc at this time, is as follows:
The amount of 50,000 Ordinary Shares of £1 (US$1.67) in Bouse Mining Holdings plc was placed for cash to St James Capital Holdings, Inc., www.stjcapital.com for a cash consideration of £50,000 (U$89,000). Bouse Mining Holdings plc is sub-dividing (otherwise referred to as a Reverse Split) its Ordinary Shares of £1 on a 100 for one basis, resulting in Bouse Mining Holdings plc holding Ordinary Shares of 1p (US$0.018) each. The only issued Ordinary shares will then be 5,000,000 Ordinary Shares of 1p (US$0.018) each held by St James Capital Holdings, Inc. St James Capital Holdings, Inc. holds a Loan Note due to it by Great West Gold, Inc. in the amount of US$1,750,000. Bouse Mining Holdings plc and Windsor Resources, Inc. have retained the services of a St James Capital Holdings, Inc. Group Company to effect all of these Corporate Finance transactions and to implement the various admissions of these equity instruments to the OTC Pink Sheets Market and to the to the "third tier" United Kingdom Stock Exchange. Stephen Lumb, the President of St James Capital Holdings, Inc., confirmed that he was delighted with this very radical and innovative financing structure embraced by Great West Gold, Inc. and that St James Capital Holdings, Inc. would continue to put 100% of its support behind Great West Gold, Inc. and all of its investments in these new Gold Mining Exploration Companies.
Bouse Mining Holdings plc will be seeking immediate admittance to the "third tier" United Kingdom Stock Exchange. Bouse Mining Holdings plc will then immediately thereafter apply for admission to the OTC Pink Sheets Market as a "Foreign Issuer." The Company will have a CUSIP Number, ISIN Number and Trading Symbol for its quotation on the OTC Pink Sheets Market and will still file an Information Statement as well as its Financial Statements with the OTC Pink Sheets Market under Rule 15c-211. Bouse Mining Holdings plc will be admitted to the OTC Pink Sheets Market through the "Unsolicited Trade" Rule.
Bouse Mining Holdings plc will then institute an American Depositary Receipt ("ADR") Level I Programme. This ADR will have an ISIN Number, CUSIP Number and Trading Symbol and will be admitted for trading on the OTC Pink Sheets Market through the "Unsolicited Trade" Rule. Each one of the Bouse Mining Holdings plc ADRs will comprise of shares of 1,000 Ordinary Shares of Bouse Mining Holdings plc.
Bouse Mining Holdings plc is appointing a Share Transfer Agent to deal with the share transfers for both of the Company's listings on the OTC Pink Sheets Market and on the "third tier" United Kingdom Stock Exchange. The settlement of the dealing in the ADRs will be dealt with separately by a Depositary Receipt Company. The shares quoted on the "third tier" United Kingdom Stock Exchange will be settled through the CREST settlement system.
Shareholders in Great West Gold, Inc. that will hold Ordinary Shares in Bouse Mining Holdings plc will be in a position to trade their shares in London on the "third tier" Stock Exchange as well as on the OTC Pink Sheets Market in the form of Ordinary Shares and in the form of ADRs. This provides huge arbitrage opportunities for shareholders and speculators in shares. Shareholders in Bouse Mining Holdings plc will have the right to convert all or part of their shareholding in Bouse Mining Holdings plc into ADRs, should they so wish.
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Thanks, ffgo will not stay down very long imo, think people over reacted, we shall see.
Last few years the PPS averaged about .25 PPS prior to mAy 07
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=FFGO
5 year chart
Bottom line, these are real
mineral mines.
http://www.sarissaresources.com/press/020807.htm
Relates to 6559 post
St James Capital Holdings, Inc. - Investment in Bouse Mining Holdings plc
Market Wire, December, 2005
St James Capital Holdings, Inc. (OTC: SJCH) announced that it has subscribed for an initial amount of shares in Bouse Mining Holdings, a United Kingdom Holding Company which controls a significant number of shares of USA-based Windsor Resources, Inc. Common Stock.
St James invested an amount of £50,000 (US$88,000) in cash for 50,000 Ordinary Shares of £1 (US$1.66) each in Bouse Mining Holdings plc. Bouse Mining Holdings Limited and Windsor Resources, Inc. has retained St James as its paid Corporate and Structured Finance Advisor as Bouse Mining Holdings plc intends to seek an immediate admission to the Junior Stock Exchange in London, the OTC Pink Sheets Market in the USA and to implement an ADR Programme in the USA as a "Foreign Issuer." This investment by St James is as one of the founding shareholders of Bouse Mining Holdings Limited. Bouse Mining Holdings plc is now effecting a "Forward Split" of its Ordinary Shares to a 100 for one basis, giving St James 5,000,000 Ordinary Shares of 1p each in Bouse Mining Holdings plc.
Stephen Lumb, the President of the Company said that St James was delighted with St James's involvement with Bouse Mining Holdings plc, which through its Gold Mining Exploration assets provided St James with an even greater exposure to the Gold Market. St James has made another four investments in the Gold Mining Exploration Sector, the details of which will be published today.
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St James Capital Holdings, Inc. ("St James") owns the UK based St James Resource Management Limited Group of Companies which operate primarily in the Structured and Corporate Finance arenas advising clients on capital raising, restructuring and admission to equity markets in the United Kingdom and in the United States. St James invests on a short term basis in these companies as well as providing short term capital prior to their flotation on the UK and USA equity markets. St James places lines of stock in these client companies for cash, post their admission to the UK and the USA equity markets and provides PIPE Financing. St James also holds a portfolio of development Real Estate in the United States as well as a very significant portfolio of quoted equities which are accounted for as Trading Stock.
St James has a net asset value in excess of US$600 million and posted earnings in excess of US$4 million in the last financial year. St James now has in excess of 100 clients which are in the process of seeking admission to the UK and the USA equity markets at this time; as well as a large number of existing clients whose stocks and financial instruments are quoted on the OTC BB Market and on the OTC Pink Sheets Market.
St James Capital Holdings, Inc. creates American Depositary Receipt ("ADR") programmes for each of its clients which allows for arbitrage opportunities and creates a smaller "float" for each of these companies. St James provides clients with introductions to highly skilled and aggressive Investor Relations companies to create significant stock awareness and stock liquidity. St James arranges PIPE Financings for its clients through its own resources and through third parties.
St James is now planning a move into the Banking and Trust Company Sectors to provide additional services to its clients to exploit numerous synergies with companies in which it holds an interest and with certain strategic partners.
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the Company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release, and other factors discussed in the Company's filings with the Securities and Exchange Commission. These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements.
For further information contact: St James Capital Holdings, Inc.: investor@stjcapital.com
If you write FFGO, it goes in C/O
In C/O of St. James Resource Management LTD in the UK.
Heres their website.
http://www.ukdata.com/company-listings/Wa-32.html
In C/0 info from Pink Sheets under company information.
You also can (google) St. James Resource Management LTD.
delisted does not trade, only shareholders with certificates
Mp3 thought connection to FFGO
Yes this is a spider web, but may explain some things on FFGO.
Bulk is relating to CMKM company & stock ticker of CMKX.
Most of us CMKX shareholders bought millions of shares & have been waiting for the final results.
Fortress is mentioned in here, & about them having the exact billions of O/S that the taskforce showed regarding CMKX shareholders with their bona-fide certificates.
1 hour long, but you will not regret it.
http://www.zshare.net/audio/4545304f66cb69/
Weekly Update 11-23-2007
From: Editor@ShellStockReview.com (Editor@shellstockreview.com)
Sent: Sat 11/24/07 7:42 PM
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Weekly Update 11-23-2007
ShellStockReview.com
Reporting on Shell Stocks, SPAC's, Reverse Mergers, and the Alternative IPO Market since September 2000.
The information presented in this Update is NOT intended as an indicator to buy/sell these stocks. It is only intended to inform users about stocks that have activity on the ShellStockReview.com website.
UPDATES
EXTL - ExperTelligence, Inc. (OTCBB: 1.25 x 20.00): Reverse Split 11/19/2007.
EDITOR’S NOTES: from their SEC filings, OTCBB website: 1 for 200 reverse split. Outstanding shares now 104,124.
FFBU - Fit For Business International Inc. (OTCBB: 0.011 x 0.012): added 11/19/2007. SEC Filings
EDITOR’S NOTES: from their SEC filings, Assets:$234k, Debts: $856. This letter of intent expired in October 2007, and the Company is currently seeking other candidates with which to facilitate a merger, acquisition or other combinational transaction. As of November 15, 2007: 28,280,006 shares of Common Stock issued and outstanding.
BKFG - BKF Capital Group Inc. (OTCBB: 2.12 x 2.13): added 11/21/2007. SEC Filings
EDITOR’S NOTES: from their SEC filings, Assets:$28.1mil (Cash * equivalents $24.4mil), Debts: $7.3mil. As previously disclosed, the Company has been evaluating strategic alternatives. Currently, the Company has two options: erging with, acquiring or commencing a business potentially being funded by a capital raising event; or Liquidating the Company and distributing a portion of the Company’s remaining cash to stockholders. As of November 1, 2007, 7,973,216 shares of the registrant’s common stock, $1.00 par value, were outstanding. Harvey J. Bazaar, CEO.
MNDL - Mandalay Media Inc. (OTCBB: 2.90 x 3.50): Symbol/Name change 11/21/2007.
EDITOR’S NOTES: from OTCBB website: Symbol/name change from MVSI - Mediavest, Inc.
ALERTS
NDPD - New Paradigm Productions Inc. (OTCBB: 4.75 x 11.00): Reverse Merger 11/23/2007. SEC Filings
EDITOR’S NOTES: from their SEC filings and Press Release, they entered into a share exchange agreement with Nice Enterprise Trading H.K. Co., Ltd., a Hong Kong company, a holding company whose primary business operations are conducted through their direct, wholly owned subsidiary, Nice Enterprise, and its subsidiaries - Rixiang, Jixiang and Mingxiang. They engage in the business of processing, distribution and sale of processed seafood products, as well as the sale of marine catch. Their objective is to establish themselves as a leading producer of processed seafood products in the PRC and overseas markets. Nice Enterprise currently employs over 600 people, and sells its products through a distribution network consisting of 59 distributors and 1,200 retail points located in various provinces throughout the PRC. For the twelve months ended December 31, 2006, Nice Enterpr! ise reported consolidated net sales of approximately $27.4 million and consolidated net income of approximately $7.0 million.
OTHER
SINB - Sino-Biotics Inc. (OTCBB: 0.02 x 0.025): Proposed Reverse Split. SEC Filings
EDITOR’S NOTES: from their SEC filings, several corporate actions proposed including a 1 for 1000 reverse split. As of the Record Date, November 20, 2007, there were approximately 29,565,014 shares of our common stock outstanding.
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No I have seen it, but just take the 2000 R/S X the present 319 million.
The rest of a little story
FFGO is based in London UK, as well as Rio Tinto, the mining conglomerate.
It has been stated, and felt that Rio had purchased the claims of CMKM, ticker cmkx, and that FFGO had changed its operation or added payout structures to make a payment to CMKX shareholders.
By getting stock for the gold propertys put into Prime Time, it still will have control of the mining interest.
IMO, this had to be done to have the one entity in the one company of making payments & distributions of monies.
People might consider holding this stock for awhile, could be a big surprise coming.
How many companies do you know that have had 639 billion O/S?
That being CMKM with bona-fide cert holders & FFGO prior to a 1 for 2,000 R/S. Whats the odds of that amount of O/S in two companies?
A little story to tell
Once upon a time people bought shares in CMKM, ticker know as CMKX. The company had 1.9 million mineral claim acres in Saskatchewan, Canada.
A few years ago, the company asked the SEC to revoke its stock & have the stock stop trading.
Mr. Robert Maheu who ran Howard Hughes companies for 13 plus years, became a Board member of CMKM, at at a later date requested the shareholders request their stock certificates.
It was felt that 2 trillion counterfeited shares were naked short traded by brokers, hedge funds etc.
O/S were around 703 billion, and the shares that got bona-fide certificates totaled around 639 billion.
Now some time back FFGO had O/S of 639 billion, and it is felt that there is a connection here as, well read the recent message board post below.
And I hope I have not put you to sleep.
------------------------------------------
Great West Gold Inc (OT: GWGO)
GWGO Quote | GWGO Msg Board | GWGO LiveCharts | GWGO Chart | GWGO News | GWGO Company Info | GWGO Insider | GWGO Analyst Recs | GWGO Top Holders
By: gusjarvis
20 Nov 2007, 10:43 PM EST
Msg. 31044 of 31068
Jump to msg. #
well look who ordered their nobo list PRTH
and who didn't do a reverse split, they cancelled shares, now that doesn't make the naked short do a reverse split does it. I like this put our assets which they say are major gold finds in a naked shorted shell that just cancelled shares, nice:
Prime Time Group Inc. (PRTH) to Order NOBO List
Wednesday August 8, 2:45 pm ET
FORT LAUDERDALE, FL--(MARKET WIRE)--Aug 8, 2007 -- Prime Time Group Inc. (Other OTC:PRTH.PK - News) management is in the process of ordering a current Non Objecting Beneficial Owners list (NOBO list) from ADP Investor Communications. The NOBO list shows a more complete and comprehensive shareholder profile than is typically available on a shareholder list provided by the transfer agent. In addition, management will order Depository Trust Corporation (DTC) reports for further examination. Both lists will be utilized to uncover possible short positions.
ADVERTISEMENT
The NOBO list will be used to determine the naked short positions in Prime Time Group, Inc. common stock. The NOBO list will be compared to the reports from the DTC which contains data regarding all brokers and amounts of shares being held for investors. These lists will be used to get a total amount of shares owned by all shareholders and any naked short positions. The finding will then be reported to the NASD (National Association of Securities Dealers) to take action against the violators of the naked short regulations.
The company would like to advise the shareholders to ensure their accounts have not lent out their stock without he shareholders' knowledge and consent. Shareholders are also advised to ask their broker's compliance department if any of their stock position has been loaned to potential short sellers and how to prevent this from happening.
Our corporate advisors and legal parties have agreed that we must take action against suspected naked short selling of its or anyone's securities in the marketplace. The company will take all necessary action to protect its shareholder's investments.
ABOUT PRIME TIME GROUP INC.
Prime Time Group (Other OTC:PRTH.PK - News) (www.PrimeTimeStores.com) is a forward-thinking company that has interests in wireless products and services for today's youth market. By using retail, wholesale and internet delivery channels, the company has found unique ways to deliver the phones, accessories, mobile media and mobile games that are desired by a growing marketplace. In doing so it has established relationships with carriers such as Virgin Mobile, Fido, Sprint, as well as its own line of products such as Cherry Red Accessories and content. E-commerce division is online and will be announced shortly. Prime Time Group also has interests in the retail oil and gas, convenience store, and automotive sectors, in which; Wheel Workz, Inc., being one of the latest ventures for the company. All of which are complimentary.
Prime Time growth through acquisitions in diverse industry sectors is intended to develop a synergistic (conglomerate) of individual businesses which can benefit by each others market exposure. Each division and sector will utilize the others geographic locations and customer base to quickly boost the revenue and achieve immediate access to a broader customer base.
PR-7, Inc., the exclusive master Franchise of the largest Convenience store chain in the World for Puerto Rico and the Caribbean, operates 14, 7-Eleven convenience stores in San Juan, Puerto Rico. Prime Time maintains its interest in PR-7, Inc.
Legal Notice Regarding Forward Looking Statements
The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Contact:
For further information contact:
Prime Time Group Inc.
(For Corporate Information)
Visit: http://www.primetimestores.com
As FFGO is taking stock from Prime time for
the gold propertys, FFGO will end up with control of PRIME time.
There is no doubt people had high hopes
on the Belmont factor of FFBU. However one of Belmont mergers of late is doing nothing PPS wise, in fact TDWV.pk went (Belmont merger deal ) down .004 today closed @ .014
I consider myself lucky as I seen the FFBU Pr today just as it came out & sold my shares @ .037. Oh yes, I made good money, but I am depressed over the way FFBU handled or should I say was not up front regarding Belmonts letter of intent.
I hope it was not to extend the PPS, so somebody got to sell, and made a nice bundle.
Might be time to regroup on this IMO EOM
Letter of intent was over Oct 07 with Belmont EOM
IMO, the SEC had something to do with Sandy walking
Big factor is the company doing the fill, then .50 ++++++++++++++++++
200 is the delisting code for merger, but usually shows before the day trading starts and then for awhile for a few hours. Have explained this a few days ago on this board.
The day starts out with only 200 in the volume box, but if seen on level 2, its not a code.
Sandy do not let the door hit you in the ash on the way out.
1000.04 ask on level 2 by PERT HHMMmm EOM