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Beginning to put summary together this week. Any DD not herein mentioned, pls email to me -- Sahgoltchelet@aol.
Thanks, Karen. nice one :)
Here's one I like too, although no cantor.
AHOY PIRATES!
Yvonne Addario is seeking contributions to publish her book, “Explorers Cookbook & Travel guide – Pirate’s Edition.”
I’ve seen parts of this cookbook and it’s totally fantastic; she’s done an amazing job. Can’t wait to get couple copies for everybody I know who loves cooking, which will be available in some very neat venues.
In exchange for contributions, Yvonne offers totally kewl must have booty gifts for you pirates (see right side of this website).
http://www.kickstarter.com/profile/yvonneaddario
A pirate isn’t a pirate unless he’s got booty to prove it! You got booty? No authentic pieces of eight around your neck? ARRRRR!!!
Also, check out sexy SFRX – famed treasure hunters! Bring me that horizon! WEIGH ANCHOR AND HOIST THE MIZZEN SFRX !
dd
ddd
Agreed. They're very close now.
Could they have spiked the tea??? {smile} Could be a more superior local variety.
Cousins sent some Carpathian walnuts from the tree in their back yard in Slovakia. Amazingly better than the English variety we're accustomed to. These could be cracked in the palm of your hand, and the flavor was much more delicate. Ground them up & made kipfels. Soooo good.
Just tried that few days ago. Nada. Only calmed me down enough to want to stay up longer, lol.
Ok, I'm out. TTYL. :)
Chamomile same daily-like family ... daisies, valerian, fever few, asters, sun flowers.
Ok, off to sleep before it turns into another 5AM night. My job wires me out too much. Docket and portfolio always running in the back of my mind ... did we get this, did so & so do that, yadda yadda.
Thought about a toddy, but alcohol over time becomes addictive; drugs same issue, so not an option. Any suggestions?
Too wired and couldn't sleep last night, so I took some valerian. Woke up this morning with big rash on inside of both arms. Apparently, I'm allergic to daisy-like flowers. Wonderful. Love daisies. They're so beautiful.
I hear the rumbling of rocket fuel.
GO SGGV!
Volume preceeds price.
SGGV summary – 6-15-11 (0.23)
Sterling Group Ventures, Inc. (USOTC: SGGV, FRANKFURT: GD7)
350 S. E. Marine Dr., Suite 4743
Vancouver, B.C., V5X 2S5 CANADA
State of Inc: NV
Phone: 604.689.4407
Fax: 604.408.8515
URL: www.sterlinggroupventures.com
Email: info@sterlinggroupventures.com
PRINCIPALS:
CEO - Raoul N. TSAKOK
Family-run private investment grp. - http://farmindcapital.com/raoul.html
DD on Tsakok investment firm: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60160522
PRESIDENT – Xuxin (Richard) SHAO
47, Ph.D., Metallurgy
DIRECTOR – Gerald William RUNOLFSON
68, P.Eng.
Also, Pres. Elkon Products, Inc., Pres. Drunker, Inc. (DKIN), Dir. Horseshoe Moning (TSX: HSX)
DIRECTOR – Robert G. SMILEY
65, Consultant, former lawyer,
Also Pres. Richco Investors, Inc., Drucker, Inc. (DKIN), Dir. Canadian Imperial Venture Corp. (CQV), Teuton Resources Corp (TUO), Silver Grail Resources (SVG)
TWO PROPERTIES - $17.18 bil combined gross value phosphate
Gaoping Deposit, Chenxi County, Hunan Province of China - $10.6 bil. gross
Est. 58.16 mil tons Phosphate Rock @ $182.5/ton = $10.6 billion Gross Value
Production Cost to Mine: $34/ton
400,000 tons/yr mined @ $182.5/ton - $34/ton prod. cost to mine = $73 mil/yr revenue bef. other exp.
LOI – Shujiatai Deposit, Shimen County, Hunan Province of China - $6.57 bil. gross
Est. 36 mil tons Phosphate Rock @ $182.5/ton = $6.57 billion Gross Value
Presently conducting DD; then JV.
MARKET CAP - $15.04 mil. (6-15-11)
SHARE STRUCTURE (3-16-11):
A/S – 500,000,000
O/S – 65,380,341
Warrants – 28,387,500
Options (O/S) – 0
Fully Diluted – 93,767,841
Float – 24,000,000
AWAITING – Gaoping Deposit:
1. New tax account number organization code and foreign exchange account.
2. PR – selection of mining mangers/personnel/equipment – layout of what’s ahead.
3. PR – realistic timeframe for early production.
4. November 10, 2014 – Permit granted by government of China for Gaoping Deposit expires (permit does not need to be transferred). Note: Investment Certificate approved by government of China is for a term of 30 years (to May 2041 AD).
5. June 13, 2031 – Term of Business License reflecting JV between Silver Castle (Sterling’s Hong Kong subsidiary) and Hongyu Mining Co., Ltd. for Hongyu mine expires.
AWAITING – Shujiatai Deposit:
1. July 10, 2012 – by this date, Sterling to have completed DD on Shujiatai Phosphate Property in Shimen Co., update Chinese study reports, and, thereafter, set up JV (see 3-9-11 8K).
PICTURES OF GAOPING MINING SITE:
YouTube video, Hunan Chenzhou, China Tour
http://www.youtube.com/watch?v=JysXsiJrMC0
Gaoping Deposit Location Map
Drill Holes
Gaoping site
Phosphate on Gaoping site
HISTORICAL:
6-15-11 – Sterling Receives Business License to Operate China Phosphate Project
Huaihua City Administration Bureau for Industry and Commerce awarded amended business license to reflect JV between Silver Castle (Sterling’s Hong Kong subsidiary) and Hongyu Mining Co., Ltd. License terminates June 13, 2031.
http://ih.advfn.com/p.php?pid=nmona&article=48075773&symbol=SGGV
5-31-11 Stockvest Quarterly, Summer 2011; Twittered 6-10-11
5-24-11 – Investment Certificate Granted – Gaoping Deposit, Chenxi Co.
Sterling Receives Approval to Acquire China Phosphate Company.
1. Approval of Investment Certificate; given a term of 30 years; allows for mining, processing, sale of phosphate ore and products under its mining permit.
2. Approval of Silver Castle (Sterling’s Hong Kong subsidiary), investment in the operating Chinese company, Chenxi Co. Hongyu Mining Co., Ltd (“Hongyu”). As a result, Silver Castle will control 90% of the shares of Hongyu.
3. Sterling also applied for the Amendment of the Hongyu’s business license to reflect the new JV structure, & anticipates its approval by local authorities shortly before putting the Hongyu phosphate deposit into production.
4. The company is currently reviewing other potential phosphate project acquisitions.
http://ih.advfn.com/p.php?pid=nmona&article=47805975&symbol=SGGV
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63491373
5-23-11 – Sterling Contracts StockVest
PR contract is for an initial 3 month term; various investor info svcs w/b provided.
Per Max Power’s telecom of May 25, 2011 with Stockvest, it plans to provide:
1. Trade shows taking SGGV to multiple shows all over the world, starting with an accredited investor’s conference in early June in Colorado, followed by: July NOLA FSX show, Aug. SFO The Money Show, Sept 3 shows Toronto + Vancouver World Money Shows, Oct. Chicago + Miami, then rest of year in London, HK, and other cities.
2. Video – producing video for SGGV w/ professional production values highlighting huge opportunity that exists for investors.
3. PRs – disseminate PRs out on hundreds of news wires and insure that Google and other search engines pick up on it.
4. Email blasts, Electronic IR kits, and Mailings – sending info out to opt in investors, no spamming.
5. StockVest Quarterly – prominently displayed in its newsletter,, as well as placing it on a web informational portal on their website.
http://finance.yahoo.com/q/is?s=sggv.pk
4-16-11 – Financials ending Feb. 28, 2011.
http://finance.yahoo.com/q/is?s=sggv.pk
4-13-11 – 10-Q (Quarterly Report ending May 31, 2010)
http://biz.yahoo.com/e/110413/sggv.pk10-q.html
3-16-11 – 8K and Private Placement
-- Private Placement = $2 mil. to be used toward 10-18-10 Agmt re Gaoping phosphate mine with other phosphate resources in Hunan and for working capital.
-- 20 mil units (each unit = 1 common sh + 1 non-transferrable sh purchase warrant) @ $.10 ea.
-- Each warrant exercisable for 1 yr to purch add’l common sh at $.15/sh.
-- Current Warrants O/S at various exercise prices from $.15 to $1.00 / sh, if exercised, w/ raise another $8,839,125.
-- Warrant holders already picking up their shares: also issued 801,666 common shs at $.18 / sh from exercise of warrants by holders + recv’d $144,300 cash.
-- Fully diluted upon exercise of all warrants, there w/b 93,767,841 shs of cap stock issued + O/S.
-- 752,500 finders’ units issued relating to PP.
Press Release - http://finance.yahoo.com/news/Sterling-Closes-Financing-to-iw-2029059324.html?x=0&.v=1
8K - http://biz.yahoo.com/e/110316/sggv.pk8-k.html
3-9-11 – 8K
LOI signed 11-10-10 filed in 8K. Sterling will conduct DD on Shujiatai phosphate property in Shimen Co. w/in 1 ½ yrs and update, if req’d., any Chinese study rprts for bldg mining, processing, + chem. plant. After DD complete, Sterling shall set up a JV in Shimen Co. for developing property. See 11-10-10.
http://www.sec.gov/Archives/edgar/data/1175416/000117541611000009/0001175416-11-000009-index.htm
3-9-11 – 8K
10-18-10 – Entry into MDA | Sterling signed 2 Agmts w/ Chenxi Co. Hongyu Mining Co., Ltd (“Honghyu”) + its S/Hs (“Hongyu S/Hs) re Gaoping Phosphate Mine in Tanjiaxiang, Chexing Co., Hunan Province, China. and other phosphate resources.
http://www.sec.gov/Archives/edgar/data/1175416/000117541611000008/0001175416-11-000008-index.htm
3-9-11 – Board Meeting
2-28-11 -- 10Q
http://ih.advfn.com/p.php?pid=nmona&article=47275031
2-15-11 – Pacer Search
No lawsuits found against any of the principals (corps., and Tsakok, Shao, Runolfson, and Smiley) listed in the 10-18-10 Agreement.
2-14-11 – 8K
1. Approved extension of 3,817,500 Series A Sh Purch Warrants for earlier of 1 yr from current date of expiry or to close of bus on 30th day after takeover bid for Company’s issued and O/S sh capital has been made by 3rd pty and approved by share holders.
2. BoD approved acceleration of warrants expiry date any time prior to extended expiry date of Warrants to close of bus on 30th day after day on which closing price of shs exceeds $.80 for 20 consecutive trading days.
3. Upon exercise of Series A Sh Purch Warrants at $.50 ea, holder will receive 1 Common Sh of company and a Series B Sh Purchase Warrant exercisable at $1.00 for another yr. The Series A Sh Purch Warrants were originally issued pursuant to a PP commencing in Feb. 2004.
http://biz.yahoo.com/e/110215/sggv.ob8-k.html
2-12-11 – NEWS – Micro Cap Acquires Phosphate Company in China
http://www.mineralstox.com/info/street.asp?newsid=2265
2-10-11 – NEWS – SGGV CEO Sanctioned in B.C. (in 2006), + CEO Reply
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59797515
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59797705
1-24-11 – NEWS – Sterling Arranges Funds to Develop China Phosphate Deposit
http://www.marketwire.com/press-release/Sterling-Arranges-Funds-to-Develop-China-Phosphate-Deposit-OTC-Bulletin-Board-SGGV-1384345.htm
1-11-11 – 10Q (ending Nov. 30, 2010)
http://www.otcmarkets.com/stock/SGGV/financials
1-4-11 – NEWS – US Fertiliser Prices Track Higher
http://www.farms.com/FarmsPages/Commentary/DetailedCommentary/tabid/192/Default.aspx?NewsID=37366
1-1-11 – MKT FORECAST – 2011 Sulfer Market Forecast
http://resources.alibaba.com/topic/800080870/Sulfur_Market_Forecast_2011.htm
12-26-10 – CORP. RPT. – Sterling Group Ventures, Inc. Corporate Report
http://www.sterlinggroupventures.com/Sterling_Phosphate_Report3.pdf
12-4-10 – NEWS – Roadmap – Silvercorp Well Dug In
http://www.nationalpost.com/todays-paper/Silvercorp+well/3927558/story.html
12-1-10 – NEWS – China Hikes Fertilizer Tariff to Stem Exports
http://www.chinadaily.com.cn/business/2010-12/01/content_11634781.htm
11-16-10 – 8K – Sterling Signs LOI to Develop Phosphate Deposit in China
http://www.otcmarkets.com/stock/SGGV/financials
POWERPOINT PRESENTATION – Sterling Group Ventures – Phosphate
http://www.sterlinggroupventures.com/Sterling_Phosphate_Presentation3.pdf
11-10-10 – LOI – Sterling signed LOI with Shimen Merchants Bureau
Terms: 1) Sterling to conduct DD on property w/in 1 ½ yrs and update Chinese study reports, if necessary. 2) Sterling will set up JV to develop deposit + build a mining, processing, + chemical plant.
Location: Shimen County, Hunan Province of China.
Est. value = $5.04 bil.
10-21-10 – 8K – Announce 10-18-10 Agreement
http://www.otcmarkets.com/stock/SGGV/financials
http://www.marketwire.com/press-release/Sterling-Acquires-Phosphate-Company-in-China-OTC-Bulletin-Board-SGGV-1339000.htm
10-18-10 – HONGYU AGREEMENT – GAOPING FIELD
Structure:
Sterling Group Ventures, Inc.
-> Sterling Makaelo Holdings, Inc. (100 held by Sterling)
--> Silver Castle Investments Limited (set up in HK, 80% held by Makaelo, 20% Chinese)
---> HK Invested Hongyu [Chenxi County Hongyu Mining Co., Ltd. (90% held by Silver Castle).
Terms:
1) Silver Castle will inject capital, subject to gov’t approval, to develop + put into production the Gaoping Phosphate mine, which has 58.16 mil tons of phosphate rock resource grading 19.8% P2O5 (est. value = $8.14 bil). Production costs est. $34/ton.
2) Hongyu agrees to surrender its future exclusive cooperative rights to Sterling. Honghyu S/Hs acknowledge and agree that Sterling shall set up an investment company in Hong Kong, which will initially be owned 80% Sterling, 20% Hongyu S/Hs. If Sterling does not complete taking over Hongyu thru the investment company w/in 3 months after signing the agmts, Sterling shall pay RMB 200,000 Yuan to Hongyu S/H as down pymt.
3) The Hongyu S/H shall keep the GP Property in good standing at all times during term of Agmt and shall keep Permit valid and effective, free from encumbrance or liability. Hongyu agrees to assist w/ above matters. The investment co. shall acquire 90% interest in Hongyu. The remaining 10% interest in Hongyu s/b transferred to nominees of Sterling. After this transaction, Hongyu s/ become a Hong Kong/China JV company (“HK Invested Hongyu”). Within 5 business days after approval of HK invested Hongyu by the appropriate Chinese authorities, Sterling s/ pay RMB 2 mil Yuan to the Hongyu S/Hs.
4) Sterling will ensure that the net assets value of Hongyu w/b RMB 5 mil Yuan during the acquisition.
5) The Hongyu S/Hs also agree to sell their 20% interest in the Investment Co to Sterling when requested to do so, in exchange for 10 mil common shs of Sterling’s capital stock t/b issued as consideration for such sale and shall at all times be subject to the rules + rqmts of US regulatory bodies bearing j/d.
6) The Hongyu S/Hs and Sterling agree that Sterling s/h all Hongyu’s title and interest in any phosphate properties, including, but not limited to the GP Property, and Sterling shall arrange for the financing of building a mining and processing plant on the GP property.
7) The Parties agree that the registered capital of HK Invested Hongyu s/b increased to the req’d level in order to build a mining processing plant and other facilities. Sterling s/ cause al the registered capital of HK Invested Hongyu t/b timely advanced to the accounts of Hongyu according to Chinese regulations.
8) Until such time as the acquisition is complete under the terms of the Agmt, Sterling w/b responsible for day-to-day maint ovhd costs of Hongyu, but will not be req’d to pay for any costs related to the building of a potential processing plant or other facilities. After the Agmts are signed, Hongyu s/ hand over all its documents and seals to Sterling. Sterling s/b in charge of maint of Hongyu during the period of the Agmts.
Project Plan:
http://docs.google.com/viewer?a=v&q=cache:kFLi79fXmhEJ:www.hhhbj.gov.cn/mypiczw/2007516195456787.pdf+%E8%BE%B0%E6%BA%AA%E5%8E%BF%E5%AE%8F%E5%AE%87%E7%9F%BF%E4%B8%9A&hl=en&gl=us&pid=bl&srcid=ADGEESjG6JtsNfcQkp8RLaKky4c7YVSaCu8t5xRs1oDzMsgasmu95z4cILGLZqQmF2eKJlJI1K1aG1uWC2RRgrPczPm3YYDuIIE_5W4LMJMG_BCIJW0oyFwT9E-vgRMxPSX3Mmbcjpr-&sig=AHIEtbQ42T01i8CagXNx5LX6xe8j3XhdSQ&pli=1
Project Name: Hunan Province, phosphate Tanjiaqiao field Gaoping phosphate
Location: Chenxi County Twp. High Tanjiaqiao Field Village
Constr. Content + Scale: annual output = 100K tons phosphate rock
Total Investment: 300 (million Yuan)
Owner: Chenxi County Hongyu Mining Co., Ltd.
Contact: Wu Haifeng
Phone: 13.97.308.1355
Evaluation by: Environmental Protection Science Research Institute Huaihua
Contact: Engineer Xiang
Phone: 07.45.273.0023
Facts about Chenxi County:
1. A railroad
2. 3 highways
3. River transportation (near branch of Yangtz river).
4. Also has reserves of coal, Cu, CaCO3, diamond, U.
5. Chemical plant producing phosphate fertilizer distributing to neighboring provinces.
http://baike.baidu.com/view/185444.htm, http://baike.baidu.com/view/2341720.htm
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60259931
http://baike.911cha.com/a2InNg==.html
Mining report – China does not have official report (e.g., 43-101). Quantity of phosphate does appear reasonable (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60260402).
5-31-10 – OUTLOOK RPT. – Int’l Fertilizer Indus. Assoc. Annual Conf., Paris (France)
http://www.sterlinggroupventures.com/ifa_june_2010.pdf
2010-2011 – MARKET ANALYSIS – China’s Phosphate + Compound Fertilizer Mkt Analysis + Forecast Rpt (2010-2011)
http://www.researchandmarkets.com/reportinfo.asp?report_id=1503875&tracker=related
11-10-09 – MINING PERMIT [valid to 11-10-14; does not have to be transferred]
http://webcache.googleusercontent.com/search?q=cache:-JnEaibstCAJ:www.gtzy.hunan.gov.cn/gtmh/zxfw/zwdt/jggg/index.jsp%3FpageIndex%3D53%26flowName%3D%E9%87%87%E7%9F%BF%E8%AE%B8%E5%8F%AF+c4300002009116120048322&cd=1&hl=en&ct=clnk&gl=us&lr=lang_zh-CN&source=www.google.com
-- Present Permit allows for 100,000 tons / yr.
-- Sterling plans to use open pit method + to increase production from initial 100K ton / yr to at least 400K ton / yr.
-- Hongyu paid resource fees to Chinese gov’t for 3.13 mil tons of phosphate resources for 5-year permit period only 3.13 mil tons).
-- Anyone who mines in China m/ pay resource tax + mineral resource compensation fee. The mineral resources compensation fees depend on mineral sales revenue, and are payable 2x per yr. See SGGV Post 243.
-- In Hunan province, phosphate rock hung suspended mineral resource tax levy since 10-1-2008.
China has imposed a 100-175% tariff to curtail exports.
FACTS ABOUT PHOSPHATE:
11th most abundant element.
Cannot be synthesized, and is non-renewable.
Essential to process of photosynthesis.
Absorbed thru soil (est. 1.5 bil lbs of P is absorbed per year).
Several types used in fertilizer, but in North America, Ammonium Orthophosphates, such as diammonium phosphate (DAP) and monoamonium phosphate (MAP) are dominant, as they contain Nitrogen (another needed fertilizer).
CAVEAT: THE ABOVE WAS COMPILED BY THIS USER AND IS NOT TO BE RELIED UPON. DO YOUR OWN DD.
SGGV summary – 6-15-11 (0.23)
Sterling Group Ventures, Inc. (USOTC: SGGV, FRANKFURT: GD7)
350 S. E. Marine Dr., Suite 4743
Vancouver, B.C., V5X 2S5 CANADA
State of Inc: NV
Phone: 604.689.4407
Fax: 604.408.8515
URL: www.sterlinggroupventures.com
Email: info@sterlinggroupventures.com
PRINCIPALS:
CEO - Raoul N. TSAKOK
Family-run private investment grp. - http://farmindcapital.com/raoul.html
DD on Tsakok investment firm: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60160522
PRESIDENT – Xuxin (Richard) SHAO
47, Ph.D., Metallurgy
DIRECTOR – Gerald William RUNOLFSON
68, P.Eng.
Also, Pres. Elkon Products, Inc., Pres. Drunker, Inc. (DKIN), Dir. Horseshoe Moning (TSX: HSX)
DIRECTOR – Robert G. SMILEY
65, Consultant, former lawyer,
Also Pres. Richco Investors, Inc., Drucker, Inc. (DKIN), Dir. Canadian Imperial Venture Corp. (CQV), Teuton Resources Corp (TUO), Silver Grail Resources (SVG)
TWO PROPERTIES - $17.18 bil combined gross value phosphate
Gaoping Deposit, Chenxi County, Hunan Province of China - $10.6 bil. gross
Est. 58.16 mil tons Phosphate Rock @ $160/ton = $10.6 billion Gross Value
Production Cost to Mine: $34/ton
400,000 tons/yr mined @ $182.5/ton - $34/ton prod. cost to mine = $73 mil/yr revenue bef. other exp.
LOI – Shujiatai Deposit, Shimen County, Hunan Province of China - $6.57 bil. gross
Est. 36 mil tons Phosphate Rock @ $160/ton = $6.57 billion Gross Value
Presently conducting DD; then JV.
MARKET CAP - $15.04 mil. (6-15-11)
SHARE STRUCTURE (3-16-11):
A/S – 500,000,000
O/S – 65,380,341
Warrants – 28,387,500
Options (O/S) – 0
Fully Diluted – 93,767,841
Float – 24,000,000
AWAITING – Gaoping Deposit:
1. New tax account number organization code and foreign exchange account.
2. PR – selection of mining mangers/personnel/equipment – layout of what’s ahead.
3. PR – realistic timeframe for early production.
4. November 10, 2014 – Permit granted by government of China for Gaoping Deposit expires (permit does not need to be transferred). Note: Investment Certificate approved by government of China is for a term of 30 years (to May 2041 AD).
5. June 13, 2031 – Term of Business License reflecting JV between Silver Castle (Sterling’s Hong Kong subsidiary) and Hongyu Mining Co., Ltd. for Hongyu mine expires.
AWAITING – Shujiatai Deposit:
1. July 10, 2012 – by this date, Sterling to have completed DD on Shujiatai Phosphate Property in Shimen Co., update Chinese study reports, and, thereafter, set up JV (see 3-9-11 8K).
PICTURES OF GAOPING MINING SITE:
YouTube video, Hunan Chenzhou, China Tour
http://www.youtube.com/watch?v=JysXsiJrMC0
Gaoping Deposit Location Map
Drill Holes
Gaoping site
Phosphate on Gaoping site
HISTORICAL:
6-15-11 – Sterling Receives Business License to Operate China Phosphate Project
Huaihua City Administration Bureau for Industry and Commerce awarded amended business license to reflect JV between Silver Castle (Sterling’s Hong Kong subsidiary) and Hongyu Mining Co., Ltd. License terminates June 13, 2031.
http://ih.advfn.com/p.php?pid=nmona&article=48075773&symbol=SGGV
5-31-11 Stockvest Quarterly, Summer 2011; Twittered 6-10-11
5-24-11 – Investment Certificate Granted – Gaoping Deposit, Chenxi Co.
Sterling Receives Approval to Acquire China Phosphate Company.
1. Approval of Investment Certificate; given a term of 30 years; allows for mining, processing, sale of phosphate ore and products under its mining permit.
2. Approval of Silver Castle (Sterling’s Hong Kong subsidiary), investment in the operating Chinese company, Chenxi Co. Hongyu Mining Co., Ltd (“Hongyu”). As a result, Silver Castle will control 90% of the shares of Hongyu.
3. Sterling also applied for the Amendment of the Hongyu’s business license to reflect the new JV structure, & anticipates its approval by local authorities shortly before putting the Hongyu phosphate deposit into production.
4. The company is currently reviewing other potential phosphate project acquisitions.
http://ih.advfn.com/p.php?pid=nmona&article=47805975&symbol=SGGV
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63491373
5-23-11 – Sterling Contracts StockVest
PR contract is for an initial 3 month term; various investor info svcs w/b provided.
Per Max Power’s telecom of May 25, 2011 with Stockvest, it plans to provide:
1. Trade shows taking SGGV to multiple shows all over the world, starting with an accredited investor’s conference in early June in Colorado, followed by: July NOLA FSX show, Aug. SFO The Money Show, Sept 3 shows Toronto + Vancouver World Money Shows, Oct. Chicago + Miami, then rest of year in London, HK, and other cities.
2. Video – producing video for SGGV w/ professional production values highlighting huge opportunity that exists for investors.
3. PRs – disseminate PRs out on hundreds of news wires and insure that Google and other search engines pick up on it.
4. Email blasts, Electronic IR kits, and Mailings – sending info out to opt in investors, no spamming.
5. StockVest Quarterly – prominently displayed in its newsletter,, as well as placing it on a web informational portal on their website.
http://finance.yahoo.com/q/is?s=sggv.pk
4-16-11 – Financials ending Feb. 28, 2011.
http://finance.yahoo.com/q/is?s=sggv.pk
4-13-11 – 10-Q (Quarterly Report ending May 31, 2010)
http://biz.yahoo.com/e/110413/sggv.pk10-q.html
3-16-11 – 8K and Private Placement
-- Private Placement = $2 mil. to be used toward 10-18-10 Agmt re Gaoping phosphate mine with other phosphate resources in Hunan and for working capital.
-- 20 mil units (each unit = 1 common sh + 1 non-transferrable sh purchase warrant) @ $.10 ea.
-- Each warrant exercisable for 1 yr to purch add’l common sh at $.15/sh.
-- Current Warrants O/S at various exercise prices from $.15 to $1.00 / sh, if exercised, w/ raise another $8,839,125.
-- Warrant holders already picking up their shares: also issued 801,666 common shs at $.18 / sh from exercise of warrants by holders + recv’d $144,300 cash.
-- Fully diluted upon exercise of all warrants, there w/b 93,767,841 shs of cap stock issued + O/S.
-- 752,500 finders’ units issued relating to PP.
Press Release - http://finance.yahoo.com/news/Sterling-Closes-Financing-to-iw-2029059324.html?x=0&.v=1
8K - http://biz.yahoo.com/e/110316/sggv.pk8-k.html
3-9-11 – 8K
LOI signed 11-10-10 filed in 8K. Sterling will conduct DD on Shujiatai phosphate property in Shimen Co. w/in 1 ½ yrs and update, if req’d., any Chinese study rprts for bldg mining, processing, + chem. plant. After DD complete, Sterling shall set up a JV in Shimen Co. for developing property. See 11-10-10.
http://www.sec.gov/Archives/edgar/data/1175416/000117541611000009/0001175416-11-000009-index.htm
3-9-11 – 8K
10-18-10 – Entry into MDA | Sterling signed 2 Agmts w/ Chenxi Co. Hongyu Mining Co., Ltd (“Honghyu”) + its S/Hs (“Hongyu S/Hs) re Gaoping Phosphate Mine in Tanjiaxiang, Chexing Co., Hunan Province, China. and other phosphate resources.
http://www.sec.gov/Archives/edgar/data/1175416/000117541611000008/0001175416-11-000008-index.htm
3-9-11 – Board Meeting
2-28-11 -- 10Q
http://ih.advfn.com/p.php?pid=nmona&article=47275031
2-15-11 – Pacer Search
No lawsuits found against any of the principals (corps., and Tsakok, Shao, Runolfson, and Smiley) listed in the 10-18-10 Agreement.
2-14-11 – 8K
1. Approved extension of 3,817,500 Series A Sh Purch Warrants for earlier of 1 yr from current date of expiry or to close of bus on 30th day after takeover bid for Company’s issued and O/S sh capital has been made by 3rd pty and approved by share holders.
2. BoD approved acceleration of warrants expiry date any time prior to extended expiry date of Warrants to close of bus on 30th day after day on which closing price of shs exceeds $.80 for 20 consecutive trading days.
3. Upon exercise of Series A Sh Purch Warrants at $.50 ea, holder will receive 1 Common Sh of company and a Series B Sh Purchase Warrant exercisable at $1.00 for another yr. The Series A Sh Purch Warrants were originally issued pursuant to a PP commencing in Feb. 2004.
http://biz.yahoo.com/e/110215/sggv.ob8-k.html
2-12-11 – NEWS – Micro Cap Acquires Phosphate Company in China
http://www.mineralstox.com/info/street.asp?newsid=2265
2-10-11 – NEWS – SGGV CEO Sanctioned in B.C. (in 2006), + CEO Reply
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59797515
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59797705
1-24-11 – NEWS – Sterling Arranges Funds to Develop China Phosphate Deposit
http://www.marketwire.com/press-release/Sterling-Arranges-Funds-to-Develop-China-Phosphate-Deposit-OTC-Bulletin-Board-SGGV-1384345.htm
1-11-11 – 10Q (ending Nov. 30, 2010)
http://www.otcmarkets.com/stock/SGGV/financials
1-4-11 – NEWS – US Fertiliser Prices Track Higher
http://www.farms.com/FarmsPages/Commentary/DetailedCommentary/tabid/192/Default.aspx?NewsID=37366
1-1-11 – MKT FORECAST – 2011 Sulfer Market Forecast
http://resources.alibaba.com/topic/800080870/Sulfur_Market_Forecast_2011.htm
12-26-10 – CORP. RPT. – Sterling Group Ventures, Inc. Corporate Report
http://www.sterlinggroupventures.com/Sterling_Phosphate_Report3.pdf
12-4-10 – NEWS – Roadmap – Silvercorp Well Dug In
http://www.nationalpost.com/todays-paper/Silvercorp+well/3927558/story.html
12-1-10 – NEWS – China Hikes Fertilizer Tariff to Stem Exports
http://www.chinadaily.com.cn/business/2010-12/01/content_11634781.htm
11-16-10 – 8K – Sterling Signs LOI to Develop Phosphate Deposit in China
http://www.otcmarkets.com/stock/SGGV/financials
POWERPOINT PRESENTATION – Sterling Group Ventures – Phosphate
http://www.sterlinggroupventures.com/Sterling_Phosphate_Presentation3.pdf
11-10-10 – LOI – Sterling signed LOI with Shimen Merchants Bureau
Terms: 1) Sterling to conduct DD on property w/in 1 ½ yrs and update Chinese study reports, if necessary. 2) Sterling will set up JV to develop deposit + build a mining, processing, + chemical plant.
Location: Shimen County, Hunan Province of China.
Est. value = $5.04 bil.
10-21-10 – 8K – Announce 10-18-10 Agreement
http://www.otcmarkets.com/stock/SGGV/financials
http://www.marketwire.com/press-release/Sterling-Acquires-Phosphate-Company-in-China-OTC-Bulletin-Board-SGGV-1339000.htm
10-18-10 – HONGYU AGREEMENT – GAOPING FIELD
Structure:
Sterling Group Ventures, Inc.
-> Sterling Makaelo Holdings, Inc. (100 held by Sterling)
--> Silver Castle Investments Limited (set up in HK, 80% held by Makaelo, 20% Chinese)
---> HK Invested Hongyu [Chenxi County Hongyu Mining Co., Ltd. (90% held by Silver Castle).
Terms:
1) Silver Castle will inject capital, subject to gov’t approval, to develop + put into production the Gaoping Phosphate mine, which has 58.16 mil tons of phosphate rock resource grading 19.8% P2O5 (est. value = $8.14 bil). Production costs est. $34/ton.
2) Hongyu agrees to surrender its future exclusive cooperative rights to Sterling. Honghyu S/Hs acknowledge and agree that Sterling shall set up an investment company in Hong Kong, which will initially be owned 80% Sterling, 20% Hongyu S/Hs. If Sterling does not complete taking over Hongyu thru the investment company w/in 3 months after signing the agmts, Sterling shall pay RMB 200,000 Yuan to Hongyu S/H as down pymt.
3) The Hongyu S/H shall keep the GP Property in good standing at all times during term of Agmt and shall keep Permit valid and effective, free from encumbrance or liability. Hongyu agrees to assist w/ above matters. The investment co. shall acquire 90% interest in Hongyu. The remaining 10% interest in Hongyu s/b transferred to nominees of Sterling. After this transaction, Hongyu s/ become a Hong Kong/China JV company (“HK Invested Hongyu”). Within 5 business days after approval of HK invested Hongyu by the appropriate Chinese authorities, Sterling s/ pay RMB 2 mil Yuan to the Hongyu S/Hs.
4) Sterling will ensure that the net assets value of Hongyu w/b RMB 5 mil Yuan during the acquisition.
5) The Hongyu S/Hs also agree to sell their 20% interest in the Investment Co to Sterling when requested to do so, in exchange for 10 mil common shs of Sterling’s capital stock t/b issued as consideration for such sale and shall at all times be subject to the rules + rqmts of US regulatory bodies bearing j/d.
6) The Hongyu S/Hs and Sterling agree that Sterling s/h all Hongyu’s title and interest in any phosphate properties, including, but not limited to the GP Property, and Sterling shall arrange for the financing of building a mining and processing plant on the GP property.
7) The Parties agree that the registered capital of HK Invested Hongyu s/b increased to the req’d level in order to build a mining processing plant and other facilities. Sterling s/ cause al the registered capital of HK Invested Hongyu t/b timely advanced to the accounts of Hongyu according to Chinese regulations.
8) Until such time as the acquisition is complete under the terms of the Agmt, Sterling w/b responsible for day-to-day maint ovhd costs of Hongyu, but will not be req’d to pay for any costs related to the building of a potential processing plant or other facilities. After the Agmts are signed, Hongyu s/ hand over all its documents and seals to Sterling. Sterling s/b in charge of maint of Hongyu during the period of the Agmts.
Project Plan:
http://docs.google.com/viewer?a=v&q=cache:kFLi79fXmhEJ:www.hhhbj.gov.cn/mypiczw/2007516195456787.pdf+%E8%BE%B0%E6%BA%AA%E5%8E%BF%E5%AE%8F%E5%AE%87%E7%9F%BF%E4%B8%9A&hl=en&gl=us&pid=bl&srcid=ADGEESjG6JtsNfcQkp8RLaKky4c7YVSaCu8t5xRs1oDzMsgasmu95z4cILGLZqQmF2eKJlJI1K1aG1uWC2RRgrPczPm3YYDuIIE_5W4LMJMG_BCIJW0oyFwT9E-vgRMxPSX3Mmbcjpr-&sig=AHIEtbQ42T01i8CagXNx5LX6xe8j3XhdSQ&pli=1
Project Name: Hunan Province, phosphate Tanjiaqiao field Gaoping phosphate
Location: Chenxi County Twp. High Tanjiaqiao Field Village
Constr. Content + Scale: annual output = 100K tons phosphate rock
Total Investment: 300 (million Yuan)
Owner: Chenxi County Hongyu Mining Co., Ltd.
Contact: Wu Haifeng
Phone: 13.97.308.1355
Evaluation by: Environmental Protection Science Research Institute Huaihua
Contact: Engineer Xiang
Phone: 07.45.273.0023
Facts about Chenxi County:
1. A railroad
2. 3 highways
3. River transportation (near branch of Yangtz river).
4. Also has reserves of coal, Cu, CaCO3, diamond, U.
5. Chemical plant producing phosphate fertilizer distributing to neighboring provinces.
http://baike.baidu.com/view/185444.htm, http://baike.baidu.com/view/2341720.htm
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60259931
http://baike.911cha.com/a2InNg==.html
Mining report – China does not have official report (e.g., 43-101). Quantity of phosphate does appear reasonable (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60260402).
5-31-10 – OUTLOOK RPT. – Int’l Fertilizer Indus. Assoc. Annual Conf., Paris (France)
http://www.sterlinggroupventures.com/ifa_june_2010.pdf
2010-2011 – MARKET ANALYSIS – China’s Phosphate + Compound Fertilizer Mkt Analysis + Forecast Rpt (2010-2011)
http://www.researchandmarkets.com/reportinfo.asp?report_id=1503875&tracker=related
11-10-09 – MINING PERMIT [valid to 11-10-14; does not have to be transferred]
http://webcache.googleusercontent.com/search?q=cache:-JnEaibstCAJ:www.gtzy.hunan.gov.cn/gtmh/zxfw/zwdt/jggg/index.jsp%3FpageIndex%3D53%26flowName%3D%E9%87%87%E7%9F%BF%E8%AE%B8%E5%8F%AF+c4300002009116120048322&cd=1&hl=en&ct=clnk&gl=us&lr=lang_zh-CN&source=www.google.com
-- Present Permit allows for 100,000 tons / yr.
-- Sterling plans to use open pit method + to increase production from initial 100K ton / yr to at least 400K ton / yr.
-- Hongyu paid resource fees to Chinese gov’t for 3.13 mil tons of phosphate resources for 5-year permit period only 3.13 mil tons).
-- Anyone who mines in China m/ pay resource tax + mineral resource compensation fee. The mineral resources compensation fees depend on mineral sales revenue, and are payable 2x per yr. See SGGV Post 243.
-- In Hunan province, phosphate rock hung suspended mineral resource tax levy since 10-1-2008.
China has imposed a 100-175% tariff to curtail exports.
FACTS ABOUT PHOSPHATE:
11th most abundant element.
Cannot be synthesized, and is non-renewable.
Essential to process of photosynthesis.
Absorbed thru soil (est. 1.5 bil lbs of P is absorbed per year).
Several types used in fertilizer, but in North America, Ammonium Orthophosphates, such as diammonium phosphate (DAP) and monoamonium phosphate (MAP) are dominant, as they contain Nitrogen (another needed fertilizer).
CAVEAT: THE ABOVE WAS COMPILED BY THIS USER AND IS NOT TO BE RELIED UPON. DO YOUR OWN DD.
SGGV summary – 6-15-11 (0.23)
Sterling Group Ventures, Inc. (USOTC: SGGV, FRANKFURT: GD7)
350 S. E. Marine Dr., Suite 4743
Vancouver, B.C., V5X 2S5 CANADA
State of Inc: NV
Phone: 604.689.4407
Fax: 604.408.8515
URL: www.sterlinggroupventures.com
Email: info@sterlinggroupventures.com
PRINCIPALS:
CEO - Raoul N. TSAKOK
Family-run private investment grp. - http://farmindcapital.com/raoul.html
DD on Tsakok investment firm: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60160522
PRESIDENT – Xuxin (Richard) SHAO
47, Ph.D., Metallurgy
DIRECTOR – Gerald William RUNOLFSON
68, P.Eng.
Also, Pres. Elkon Products, Inc., Pres. Drunker, Inc. (DKIN), Dir. Horseshoe Moning (TSX: HSX)
DIRECTOR – Robert G. SMILEY
65, Consultant, former lawyer,
Also Pres. Richco Investors, Inc., Drucker, Inc. (DKIN), Dir. Canadian Imperial Venture Corp. (CQV), Teuton Resources Corp (TUO), Silver Grail Resources (SVG)
TWO PROPERTIES - $15.06 bil combined gross value phosphate
Gaoping Deposit, Chenxi County, Hunan Province of China - $9.3 bil. gross
Est. 58.16 mil tons Phosphate Rock @ $160/ton = $9.3 billion Gross Value
Production Cost to Mine: $34/ton
400,000 tons/yr mined @ $160/ton - $34/ton prod. cost to mine = $50.4 mil/yr revenue bef. other exp.
LOI – Shujiatai Deposit, Shimen County, Hunan Province of China - $5.76 bil. gross
Est. 36 mil tons Phosphate Rock @ $160/ton = $5.76 billion Gross Value
Presently conducting DD; then JV.
MARKET CAP - $15.04 mil. (3-16-11)
SHARE STRUCTURE (3-16-11):
A/S – 500,000,000
O/S – 65,380,341
Warrants – 28,387,500
Options (O/S) – 0
Fully Diluted – 93,767,841
Float – 24,000,000
AWAITING – Gaoping Deposit:
1. New tax account number organization code and foreign exchange account.
2. PR – selection of mining mangers/personnel/equipment – layout of what’s ahead.
3. PR – realistic timeframe for early production.
4. November 10, 2014 – Permit granted by government of China for Gaoping Deposit expires (permit does not need to be transferred). Note: Investment Certificate approved by government of China is for a term of 30 years (to May 2041 AD).
5. June 13, 2031 – Term of Business License reflecting JV between Silver Castle (Sterling’s Hong Kong subsidiary) and Hongyu Mining Co., Ltd. for Hongyu mine expires.
AWAITING – Shujiatai Deposit:
1. July 10, 2012 – by this date, Sterling to have completed DD on Shujiatai Phosphate Property in Shimen Co., update Chinese study reports, and, thereafter, set up JV (see 3-9-11 8K).
PICTURES OF GAOPING MINING SITE:
YouTube video, Hunan Chenzhou, China Tour
http://www.youtube.com/watch?v=JysXsiJrMC0
Gaoping Deposit Location Map
Drill Holes
Gaoping site
Phosphate on Gaoping site
HISTORICAL:
6-15-11 – Sterling Receives Business License to Operate China Phosphate Project
Huaihua City Administration Bureau for Industry and Commerce awarded amended business license to reflect JV between Silver Castle (Sterling’s Hong Kong subsidiary) and Hongyu Mining Co., Ltd. License terminates June 13, 2031.
http://ih.advfn.com/p.php?pid=nmona&article=48075773&symbol=SGGV
5-31-11 Stockvest Quarterly, Summer 2011; Twittered 6-10-11
5-24-11 – Investment Certificate Granted – Gaoping Deposit, Chenxi Co.
Sterling Receives Approval to Acquire China Phosphate Company.
1. Approval of Investment Certificate; given a term of 30 years; allows for mining, processing, sale of phosphate ore and products under its mining permit.
2. Approval of Silver Castle (Sterling’s Hong Kong subsidiary), investment in the operating Chinese company, Chenxi Co. Hongyu Mining Co., Ltd (“Hongyu”). As a result, Silver Castle will control 90% of the shares of Hongyu.
3. Sterling also applied for the Amendment of the Hongyu’s business license to reflect the new JV structure, & anticipates its approval by local authorities shortly before putting the Hongyu phosphate deposit into production.
4. The company is currently reviewing other potential phosphate project acquisitions.
http://ih.advfn.com/p.php?pid=nmona&article=47805975&symbol=SGGV
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63491373
5-23-11 – Sterling Contracts StockVest
PR contract is for an initial 3 month term; various investor info svcs w/b provided.
Per Max Power’s telecom of May 25, 2011 with Stockvest, it plans to provide:
1. Trade shows taking SGGV to multiple shows all over the world, starting with an accredited investor’s conference in early June in Colorado, followed by: July NOLA FSX show, Aug. SFO The Money Show, Sept 3 shows Toronto + Vancouver World Money Shows, Oct. Chicago + Miami, then rest of year in London, HK, and other cities.
2. Video – producing video for SGGV w/ professional production values highlighting huge opportunity that exists for investors.
3. PRs – disseminate PRs out on hundreds of news wires and insure that Google and other search engines pick up on it.
4. Email blasts, Electronic IR kits, and Mailings – sending info out to opt in investors, no spamming.
5. StockVest Quarterly – prominently displayed in its newsletter,, as well as placing it on a web informational portal on their website.
http://finance.yahoo.com/q/is?s=sggv.pk
4-16-11 – Financials ending Feb. 28, 2011.
http://finance.yahoo.com/q/is?s=sggv.pk
4-13-11 – 10-Q (Quarterly Report ending May 31, 2010)
http://biz.yahoo.com/e/110413/sggv.pk10-q.html
3-16-11 – 8K and Private Placement
-- Private Placement = $2 mil. to be used toward 10-18-10 Agmt re Gaoping phosphate mine with other phosphate resources in Hunan and for working capital.
-- 20 mil units (each unit = 1 common sh + 1 non-transferrable sh purchase warrant) @ $.10 ea.
-- Each warrant exercisable for 1 yr to purch add’l common sh at $.15/sh.
-- Current Warrants O/S at various exercise prices from $.15 to $1.00 / sh, if exercised, w/ raise another $8,839,125.
-- Warrant holders already picking up their shares: also issued 801,666 common shs at $.18 / sh from exercise of warrants by holders + recv’d $144,300 cash.
-- Fully diluted upon exercise of all warrants, there w/b 93,767,841 shs of cap stock issued + O/S.
-- 752,500 finders’ units issued relating to PP.
Press Release - http://finance.yahoo.com/news/Sterling-Closes-Financing-to-iw-2029059324.html?x=0&.v=1
8K - http://biz.yahoo.com/e/110316/sggv.pk8-k.html
3-9-11 – 8K
LOI signed 11-10-10 filed in 8K. Sterling will conduct DD on Shujiatai phosphate property in Shimen Co. w/in 1 ½ yrs and update, if req’d., any Chinese study rprts for bldg mining, processing, + chem. plant. After DD complete, Sterling shall set up a JV in Shimen Co. for developing property. See 11-10-10.
http://www.sec.gov/Archives/edgar/data/1175416/000117541611000009/0001175416-11-000009-index.htm
3-9-11 – 8K
10-18-10 – Entry into MDA | Sterling signed 2 Agmts w/ Chenxi Co. Hongyu Mining Co., Ltd (“Honghyu”) + its S/Hs (“Hongyu S/Hs) re Gaoping Phosphate Mine in Tanjiaxiang, Chexing Co., Hunan Province, China. and other phosphate resources.
http://www.sec.gov/Archives/edgar/data/1175416/000117541611000008/0001175416-11-000008-index.htm
3-9-11 – Board Meeting
2-28-11 -- 10Q
http://ih.advfn.com/p.php?pid=nmona&article=47275031
2-15-11 – Pacer Search
No lawsuits found against any of the principals (corps., and Tsakok, Shao, Runolfson, and Smiley) listed in the 10-18-10 Agreement.
2-14-11 – 8K
1. Approved extension of 3,817,500 Series A Sh Purch Warrants for earlier of 1 yr from current date of expiry or to close of bus on 30th day after takeover bid for Company’s issued and O/S sh capital has been made by 3rd pty and approved by share holders.
2. BoD approved acceleration of warrants expiry date any time prior to extended expiry date of Warrants to close of bus on 30th day after day on which closing price of shs exceeds $.80 for 20 consecutive trading days.
3. Upon exercise of Series A Sh Purch Warrants at $.50 ea, holder will receive 1 Common Sh of company and a Series B Sh Purchase Warrant exercisable at $1.00 for another yr. The Series A Sh Purch Warrants were originally issued pursuant to a PP commencing in Feb. 2004.
http://biz.yahoo.com/e/110215/sggv.ob8-k.html
2-12-11 – NEWS – Micro Cap Acquires Phosphate Company in China
http://www.mineralstox.com/info/street.asp?newsid=2265
2-10-11 – NEWS – SGGV CEO Sanctioned in B.C. (in 2006), + CEO Reply
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59797515
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59797705
1-24-11 – NEWS – Sterling Arranges Funds to Develop China Phosphate Deposit
http://www.marketwire.com/press-release/Sterling-Arranges-Funds-to-Develop-China-Phosphate-Deposit-OTC-Bulletin-Board-SGGV-1384345.htm
1-11-11 – 10Q (ending Nov. 30, 2010)
http://www.otcmarkets.com/stock/SGGV/financials
1-4-11 – NEWS – US Fertiliser Prices Track Higher
http://www.farms.com/FarmsPages/Commentary/DetailedCommentary/tabid/192/Default.aspx?NewsID=37366
1-1-11 – MKT FORECAST – 2011 Sulfer Market Forecast
http://resources.alibaba.com/topic/800080870/Sulfur_Market_Forecast_2011.htm
12-26-10 – CORP. RPT. – Sterling Group Ventures, Inc. Corporate Report
http://www.sterlinggroupventures.com/Sterling_Phosphate_Report3.pdf
12-4-10 – NEWS – Roadmap – Silvercorp Well Dug In
http://www.nationalpost.com/todays-paper/Silvercorp+well/3927558/story.html
12-1-10 – NEWS – China Hikes Fertilizer Tariff to Stem Exports
http://www.chinadaily.com.cn/business/2010-12/01/content_11634781.htm
11-16-10 – 8K – Sterling Signs LOI to Develop Phosphate Deposit in China
http://www.otcmarkets.com/stock/SGGV/financials
POWERPOINT PRESENTATION – Sterling Group Ventures – Phosphate
http://www.sterlinggroupventures.com/Sterling_Phosphate_Presentation3.pdf
11-10-10 – LOI – Sterling signed LOI with Shimen Merchants Bureau
Terms: 1) Sterling to conduct DD on property w/in 1 ½ yrs and update Chinese study reports, if necessary. 2) Sterling will set up JV to develop deposit + build a mining, processing, + chemical plant.
Location: Shimen County, Hunan Province of China.
Est. value = $5.04 bil.
10-21-10 – 8K – Announce 10-18-10 Agreement
http://www.otcmarkets.com/stock/SGGV/financials
http://www.marketwire.com/press-release/Sterling-Acquires-Phosphate-Company-in-China-OTC-Bulletin-Board-SGGV-1339000.htm
10-18-10 – HONGYU AGREEMENT – GAOPING FIELD
Structure:
Sterling Group Ventures, Inc.
-> Sterling Makaelo Holdings, Inc. (100 held by Sterling)
--> Silver Castle Investments Limited (set up in HK, 80% held by Makaelo, 20% Chinese)
---> HK Invested Hongyu [Chenxi County Hongyu Mining Co., Ltd. (90% held by Silver Castle).
Terms:
1) Silver Castle will inject capital, subject to gov’t approval, to develop + put into production the Gaoping Phosphate mine, which has 58.16 mil tons of phosphate rock resource grading 19.8% P2O5 (est. value = $8.14 bil). Production costs est. $34/ton.
2) Hongyu agrees to surrender its future exclusive cooperative rights to Sterling. Honghyu S/Hs acknowledge and agree that Sterling shall set up an investment company in Hong Kong, which will initially be owned 80% Sterling, 20% Hongyu S/Hs. If Sterling does not complete taking over Hongyu thru the investment company w/in 3 months after signing the agmts, Sterling shall pay RMB 200,000 Yuan to Hongyu S/H as down pymt.
3) The Hongyu S/H shall keep the GP Property in good standing at all times during term of Agmt and shall keep Permit valid and effective, free from encumbrance or liability. Hongyu agrees to assist w/ above matters. The investment co. shall acquire 90% interest in Hongyu. The remaining 10% interest in Hongyu s/b transferred to nominees of Sterling. After this transaction, Hongyu s/ become a Hong Kong/China JV company (“HK Invested Hongyu”). Within 5 business days after approval of HK invested Hongyu by the appropriate Chinese authorities, Sterling s/ pay RMB 2 mil Yuan to the Hongyu S/Hs.
4) Sterling will ensure that the net assets value of Hongyu w/b RMB 5 mil Yuan during the acquisition.
5) The Hongyu S/Hs also agree to sell their 20% interest in the Investment Co to Sterling when requested to do so, in exchange for 10 mil common shs of Sterling’s capital stock t/b issued as consideration for such sale and shall at all times be subject to the rules + rqmts of US regulatory bodies bearing j/d.
6) The Hongyu S/Hs and Sterling agree that Sterling s/h all Hongyu’s title and interest in any phosphate properties, including, but not limited to the GP Property, and Sterling shall arrange for the financing of building a mining and processing plant on the GP property.
7) The Parties agree that the registered capital of HK Invested Hongyu s/b increased to the req’d level in order to build a mining processing plant and other facilities. Sterling s/ cause al the registered capital of HK Invested Hongyu t/b timely advanced to the accounts of Hongyu according to Chinese regulations.
8) Until such time as the acquisition is complete under the terms of the Agmt, Sterling w/b responsible for day-to-day maint ovhd costs of Hongyu, but will not be req’d to pay for any costs related to the building of a potential processing plant or other facilities. After the Agmts are signed, Hongyu s/ hand over all its documents and seals to Sterling. Sterling s/b in charge of maint of Hongyu during the period of the Agmts.
Project Plan:
http://docs.google.com/viewer?a=v&q=cache:kFLi79fXmhEJ:www.hhhbj.gov.cn/mypiczw/2007516195456787.pdf+%E8%BE%B0%E6%BA%AA%E5%8E%BF%E5%AE%8F%E5%AE%87%E7%9F%BF%E4%B8%9A&hl=en&gl=us&pid=bl&srcid=ADGEESjG6JtsNfcQkp8RLaKky4c7YVSaCu8t5xRs1oDzMsgasmu95z4cILGLZqQmF2eKJlJI1K1aG1uWC2RRgrPczPm3YYDuIIE_5W4LMJMG_BCIJW0oyFwT9E-vgRMxPSX3Mmbcjpr-&sig=AHIEtbQ42T01i8CagXNx5LX6xe8j3XhdSQ&pli=1
Project Name: Hunan Province, phosphate Tanjiaqiao field Gaoping phosphate
Location: Chenxi County Twp. High Tanjiaqiao Field Village
Constr. Content + Scale: annual output = 100K tons phosphate rock
Total Investment: 300 (million Yuan)
Owner: Chenxi County Hongyu Mining Co., Ltd.
Contact: Wu Haifeng
Phone: 13.97.308.1355
Evaluation by: Environmental Protection Science Research Institute Huaihua
Contact: Engineer Xiang
Phone: 07.45.273.0023
Facts about Chenxi County:
1. A railroad
2. 3 highways
3. River transportation (near branch of Yangtz river).
4. Also has reserves of coal, Cu, CaCO3, diamond, U.
5. Chemical plant producing phosphate fertilizer distributing to neighboring provinces.
http://baike.baidu.com/view/185444.htm, http://baike.baidu.com/view/2341720.htm
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60259931
http://baike.911cha.com/a2InNg==.html
Mining report – China does not have official report (e.g., 43-101). Quantity of phosphate does appear reasonable (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60260402).
5-31-10 – OUTLOOK RPT. – Int’l Fertilizer Indus. Assoc. Annual Conf., Paris (France)
http://www.sterlinggroupventures.com/ifa_june_2010.pdf
2010-2011 – MARKET ANALYSIS – China’s Phosphate + Compound Fertilizer Mkt Analysis + Forecast Rpt (2010-2011)
http://www.researchandmarkets.com/reportinfo.asp?report_id=1503875&tracker=related
11-10-09 – MINING PERMIT [valid to 11-10-14; does not have to be transferred]
http://webcache.googleusercontent.com/search?q=cache:-JnEaibstCAJ:www.gtzy.hunan.gov.cn/gtmh/zxfw/zwdt/jggg/index.jsp%3FpageIndex%3D53%26flowName%3D%E9%87%87%E7%9F%BF%E8%AE%B8%E5%8F%AF+c4300002009116120048322&cd=1&hl=en&ct=clnk&gl=us&lr=lang_zh-CN&source=www.google.com
-- Present Permit allows for 100,000 tons / yr.
-- Sterling plans to use open pit method + to increase production from initial 100K ton / yr to at least 400K ton / yr.
-- Hongyu paid resource fees to Chinese gov’t for 3.13 mil tons of phosphate resources for 5-year permit period only 3.13 mil tons).
-- Anyone who mines in China m/ pay resource tax + mineral resource compensation fee. The mineral resources compensation fees depend on mineral sales revenue, and are payable 2x per yr. See SGGV Post 243.
-- In Hunan province, phosphate rock hung suspended mineral resource tax levy since 10-1-2008.
China has imposed a 100-175% tariff to curtail exports.
FACTS ABOUT PHOSPHATE:
11th most abundant element.
Cannot be synthesized, and is non-renewable.
Essential to process of photosynthesis.
Absorbed thru soil (est. 1.5 bil lbs of P is absorbed per year).
Several types used in fertilizer, but in North America, Ammonium Orthophosphates, such as diammonium phosphate (DAP) and monoamonium phosphate (MAP) are dominant, as they contain Nitrogen (another needed fertilizer).
CAVEAT: THE ABOVE WAS COMPILED BY THIS USER AND IS NOT TO BE RELIED UPON. DO YOUR OWN DD.
My Dad had a voice like Pavarotti, only I venture to say it was probably better, albeit untrained. His grandfather was a Cantor in Greek-Catholic church. Made the church shake with his voice.
Always thought it would be kewl to learn to play a fiddle. :)
The anomaly is people seize on nothing companies because guy with cell phone at other end of ticker is a BS artist, and they don't understand the value of a serious corporation about to do something really substantive. Their loss. Our gain (when serious investors enter).
Issuance of the Business License occurred a lot sooner than I expected. SGGV must be on a fast track to production now. Previous PR said license would be issued just prior to commencement of production.
SGGV summary – 6-10-11
Sterling Group Ventures, Inc. (USOTC: SGGV, FRANKFURT: GD7)
350 S. E. Marine Dr., Suite 4743
Vancouver, B.C., V5X 2S5 CANADA
State of Inc: NV
Phone: 604.689.4407
Fax: 604.408.8515
URL: www.sterlinggroupventures.com
Email: info@sterlinggroupventures.com
PRINCIPALS:
CEO - Raoul N. TSAKOK
Family-run private investment grp. - http://farmindcapital.com/raoul.html
DD on Tsakok investment firm: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60160522
PRESIDENT – Xuxin (Richard) SHAO
47, Ph.D., Metallurgy
DIRECTOR – Gerald William RUNOLFSON
68, P.Eng.
Also, Pres. Elkon Products, Inc., Pres. Drunker, Inc. (DKIN), Dir. Horseshoe Moning (TSX: HSX)
DIRECTOR – Robert G. SMILEY
65, Consultant, former lawyer,
Also Pres. Richco Investors, Inc., Drucker, Inc. (DKIN), Dir. Canadian Imperial Venture Corp. (CQV), Teuton Resources Corp (TUO), Silver Grail Resources (SVG)
TWO PROPERTIES - $15.06 bil combined gross value phosphate
Gaoping Deposit, Chenxi County, Hunan Province of China - $9.3 bil. gross
Est. 58.16 mil tons Phosphate Rock @ $160/ton = $9.3 billion Gross Value
Production Cost to Mine: $34/ton
400,000 tons/yr mined @ $160/ton - $34/ton prod. cost to mine = $50.4 mil/yr revenue bef. other exp.
LOI – Shujiatai Deposit, Shimen County, Hunan Province of China - $5.76 bil. gross
Est. 36 mil tons Phosphate Rock @ $160/ton = $5.76 billion Gross Value
Presently conducting DD; then JV.
MARKET CAP - $15.04 mil. (3-16-11)
SHARE STRUCTURE (3-16-11):
A/S – 500,000,000
O/S – 65,380,341
Warrants – 28,387,500
Options (O/S) – 0
Fully Diluted – 93,767,841
Float – 24,000,000
AWAITING:
1. Approval of business license to reflect JV between Silver Castle (Sterling’s Hong Kong subsidiary) and Hongyu Mining Co., Ltd. (see 3-24-11 News).
2. PR – selection of mining mangers/personnel/equipment – layout of what’s ahead
3. PR – realistic timeframe for early production
4. June 13-14, 2011 – StockVest Exhibit to represent SGGV at Summer Micro/Small Cap Conference
http://ennect.com/e1585/p11635.aspx
5. July 10, 2012 – by this date, Sterling to have completed DD on Shujiatai Phosphate Property in Shimen Co., update Chinese study reports, and, thereafter, set up JV (see 3-9-11 8K).
6. November 10, 2014 – Permit for Gaoping Deposit expires (permit does not need to be transferred). Note: Investment Certificate approved by government of China is for a term of 30 years (to May 2041 AD).
PICTURES OF GAOPING MINING SITE:
YouTube video, Hunan Chenzhou, China Tour
http://www.youtube.com/watch?v=JysXsiJrMC0
Gaoping Deposit Location Map
Drill Holes
Gaoping site
Phosphate on Gaoping site
HISTORICAL:
5-31-11 Stockvest Quarterly, Summer 2011; Twittered 6-10-11
5-24-11 – Investment Certificate Granted – Gaoping Deposit, Chenxi Co.
Sterling Receives Approval to Acquire China Phosphate Company.
1. Approval of Investment Certificate; given a term of 30 years; allows for mining, processing, sale of phosphate ore and products under its mining permit.
2. Approval of Silver Castle (Sterling’s Hong Kong subsidiary), investment in the operating Chinese company, Chenxi Co. Hongyu Mining Co., Ltd (“Hongyu”). As a result, Silver Castle will control 90% of the shares of Hongyu.
3. Sterling also applied for the Amendment of the Hongyu’s business license to reflect the new JV structure, & anticipates its approval by local authorities shortly before putting the Hongyu phosphate deposit into production.
4. The company is currently reviewing other potential phosphate project acquisitions.
http://ih.advfn.com/p.php?pid=nmona&article=47805975&symbol=SGGV
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63491373
5-23-11 – Sterling Contracts StockVest
PR contract is for an initial 3 month term; various investor info svcs w/b provided.
Per Max Power’s telecom of May 25, 2011 with Stockvest, it plans to provide:
1. Trade shows taking SGGV to multiple shows all over the world, starting with an accredited investor’s conference in early June in Colorado, followed by: July NOLA FSX show, Aug. SFO The Money Show, Sept 3 shows Toronto + Vancouver World Money Shows, Oct. Chicago + Miami, then rest of year in London, HK, and other cities.
2. Video – producing video for SGGV w/ professional production values highlighting huge opportunity that exists for investors.
3. PRs – disseminate PRs out on hundreds of news wires and insure that Google and other search engines pick up on it.
4. Email blasts, Electronic IR kits, and Mailings – sending info out to opt in investors, no spamming.
5. StockVest Quarterly – prominently displayed in its newsletter,, as well as placing it on a web informational portal on their website.
http://finance.yahoo.com/q/is?s=sggv.pk
4-16-11 – Financials ending Feb. 28, 2011.
http://finance.yahoo.com/q/is?s=sggv.pk
4-13-11 – 10-Q (Quarterly Report ending May 31, 2010)
http://biz.yahoo.com/e/110413/sggv.pk10-q.html
3-16-11 – 8K and Private Placement
-- Private Placement = $2 mil. to be used toward 10-18-10 Agmt re Gaoping phosphate mine with other phosphate resources in Hunan and for working capital.
-- 20 mil units (each unit = 1 common sh + 1 non-transferrable sh purchase warrant) @ $.10 ea.
-- Each warrant exercisable for 1 yr to purch add’l common sh at $.15/sh.
-- Current Warrants O/S at various exercise prices from $.15 to $1.00 / sh, if exercised, w/ raise another $8,839,125.
-- Warrant holders already picking up their shares: also issued 801,666 common shs at $.18 / sh from exercise of warrants by holders + recv’d $144,300 cash.
-- Fully diluted upon exercise of all warrants, there w/b 93,767,841 shs of cap stock issued + O/S.
-- 752,500 finders’ units issued relating to PP.
Press Release - http://finance.yahoo.com/news/Sterling-Closes-Financing-to-iw-2029059324.html?x=0&.v=1
8K - http://biz.yahoo.com/e/110316/sggv.pk8-k.html
3-9-11 – 8K
LOI signed 11-10-10 filed in 8K. Sterling will conduct DD on Shujiatai phosphate property in Shimen Co. w/in 1 ½ yrs and update, if req’d., any Chinese study rprts for bldg mining, processing, + chem. plant. After DD complete, Sterling shall set up a JV in Shimen Co. for developing property. See 11-10-10.
http://www.sec.gov/Archives/edgar/data/1175416/000117541611000009/0001175416-11-000009-index.htm
3-9-11 – 8K
10-18-10 – Entry into MDA | Sterling signed 2 Agmts w/ Chenxi Co. Hongyu Mining Co., Ltd (“Honghyu”) + its S/Hs (“Hongyu S/Hs) re Gaoping Phosphate Mine in Tanjiaxiang, Chexing Co., Hunan Province, China. and other phosphate resources.
http://www.sec.gov/Archives/edgar/data/1175416/000117541611000008/0001175416-11-000008-index.htm
3-9-11 – Board Meeting
2-28-11 -- 10Q
http://ih.advfn.com/p.php?pid=nmona&article=47275031
2-15-11 – Pacer Search
No lawsuits found against any of the principals (corps., and Tsakok, Shao, Runolfson, and Smiley) listed in the 10-18-10 Agreement.
2-14-11 – 8K
1. Approved extension of 3,817,500 Series A Sh Purch Warrants for earlier of 1 yr from current date of expiry or to close of bus on 30th day after takeover bid for Company’s issued and O/S sh capital has been made by 3rd pty and approved by share holders.
2. BoD approved acceleration of warrants expiry date any time prior to extended expiry date of Warrants to close of bus on 30th day after day on which closing price of shs exceeds $.80 for 20 consecutive trading days.
3. Upon exercise of Series A Sh Purch Warrants at $.50 ea, holder will receive 1 Common Sh of company and a Series B Sh Purchase Warrant exercisable at $1.00 for another yr. The Series A Sh Purch Warrants were originally issued pursuant to a PP commencing in Feb. 2004.
http://biz.yahoo.com/e/110215/sggv.ob8-k.html
2-12-11 – NEWS – Micro Cap Acquires Phosphate Company in China
http://www.mineralstox.com/info/street.asp?newsid=2265
2-10-11 – NEWS – SGGV CEO Sanctioned in B.C. (in 2006), + CEO Reply
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59797515
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59797705
1-24-11 – NEWS – Sterling Arranges Funds to Develop China Phosphate Deposit
http://www.marketwire.com/press-release/Sterling-Arranges-Funds-to-Develop-China-Phosphate-Deposit-OTC-Bulletin-Board-SGGV-1384345.htm
1-11-11 – 10Q (ending Nov. 30, 2010)
http://www.otcmarkets.com/stock/SGGV/financials
1-4-11 – NEWS – US Fertiliser Prices Track Higher
http://www.farms.com/FarmsPages/Commentary/DetailedCommentary/tabid/192/Default.aspx?NewsID=37366
1-1-11 – MKT FORECAST – 2011 Sulfer Market Forecast
http://resources.alibaba.com/topic/800080870/Sulfur_Market_Forecast_2011.htm
12-26-10 – CORP. RPT. – Sterling Group Ventures, Inc. Corporate Report
http://www.sterlinggroupventures.com/Sterling_Phosphate_Report3.pdf
12-4-10 – NEWS – Roadmap – Silvercorp Well Dug In
http://www.nationalpost.com/todays-paper/Silvercorp+well/3927558/story.html
12-1-10 – NEWS – China Hikes Fertilizer Tariff to Stem Exports
http://www.chinadaily.com.cn/business/2010-12/01/content_11634781.htm
11-16-10 – 8K – Sterling Signs LOI to Develop Phosphate Deposit in China
http://www.otcmarkets.com/stock/SGGV/financials
POWERPOINT PRESENTATION – Sterling Group Ventures – Phosphate
http://www.sterlinggroupventures.com/Sterling_Phosphate_Presentation3.pdf
11-10-10 – LOI – Sterling signed LOI with Shimen Merchants Bureau
Terms: 1) Sterling to conduct DD on property w/in 1 ½ yrs and update Chinese study reports, if necessary. 2) Sterling will set up JV to develop deposit + build a mining, processing, + chemical plant.
Location: Shimen County, Hunan Province of China.
Est. value = $5.04 bil.
10-21-10 – 8K – Announce 10-18-10 Agreement
http://www.otcmarkets.com/stock/SGGV/financials
http://www.marketwire.com/press-release/Sterling-Acquires-Phosphate-Company-in-China-OTC-Bulletin-Board-SGGV-1339000.htm
10-18-10 – HONGYU AGREEMENT – GAOPING FIELD
Structure:
Sterling Group Ventures, Inc.
-> Sterling Makaelo Holdings, Inc. (100 held by Sterling)
--> Silver Castle Investments Limited (set up in HK, 80% held by Makaelo, 20% Chinese)
---> HK Invested Hongyu [Chenxi County Hongyu Mining Co., Ltd. (90% held by Silver Castle).
Terms:
1) Silver Castle will inject capital, subject to gov’t approval, to develop + put into production the Gaoping Phosphate mine, which has 58.16 mil tons of phosphate rock resource grading 19.8% P2O5 (est. value = $8.14 bil). Production costs est. $34/ton.
2) Hongyu agrees to surrender its future exclusive cooperative rights to Sterling. Honghyu S/Hs acknowledge and agree that Sterling shall set up an investment company in Hong Kong, which will initially be owned 80% Sterling, 20% Hongyu S/Hs. If Sterling does not complete taking over Hongyu thru the investment company w/in 3 months after signing the agmts, Sterling shall pay RMB 200,000 Yuan to Hongyu S/H as down pymt.
3) The Hongyu S/H shall keep the GP Property in good standing at all times during term of Agmt and shall keep Permit valid and effective, free from encumbrance or liability. Hongyu agrees to assist w/ above matters. The investment co. shall acquire 90% interest in Hongyu. The remaining 10% interest in Hongyu s/b transferred to nominees of Sterling. After this transaction, Hongyu s/ become a Hong Kong/China JV company (“HK Invested Hongyu”). Within 5 business days after approval of HK invested Hongyu by the appropriate Chinese authorities, Sterling s/ pay RMB 2 mil Yuan to the Hongyu S/Hs.
4) Sterling will ensure that the net assets value of Hongyu w/b RMB 5 mil Yuan during the acquisition.
5) The Hongyu S/Hs also agree to sell their 20% interest in the Investment Co to Sterling when requested to do so, in exchange for 10 mil common shs of Sterling’s capital stock t/b issued as consideration for such sale and shall at all times be subject to the rules + rqmts of US regulatory bodies bearing j/d.
6) The Hongyu S/Hs and Sterling agree that Sterling s/h all Hongyu’s title and interest in any phosphate properties, including, but not limited to the GP Property, and Sterling shall arrange for the financing of building a mining and processing plant on the GP property.
7) The Parties agree that the registered capital of HK Invested Hongyu s/b increased to the req’d level in order to build a mining processing plant and other facilities. Sterling s/ cause al the registered capital of HK Invested Hongyu t/b timely advanced to the accounts of Hongyu according to Chinese regulations.
8) Until such time as the acquisition is complete under the terms of the Agmt, Sterling w/b responsible for day-to-day maint ovhd costs of Hongyu, but will not be req’d to pay for any costs related to the building of a potential processing plant or other facilities. After the Agmts are signed, Hongyu s/ hand over all its documents and seals to Sterling. Sterling s/b in charge of maint of Hongyu during the period of the Agmts.
Project Plan:
http://docs.google.com/viewer?a=v&q=cache:kFLi79fXmhEJ:www.hhhbj.gov.cn/mypiczw/2007516195456787.pdf+%E8%BE%B0%E6%BA%AA%E5%8E%BF%E5%AE%8F%E5%AE%87%E7%9F%BF%E4%B8%9A&hl=en&gl=us&pid=bl&srcid=ADGEESjG6JtsNfcQkp8RLaKky4c7YVSaCu8t5xRs1oDzMsgasmu95z4cILGLZqQmF2eKJlJI1K1aG1uWC2RRgrPczPm3YYDuIIE_5W4LMJMG_BCIJW0oyFwT9E-vgRMxPSX3Mmbcjpr-&sig=AHIEtbQ42T01i8CagXNx5LX6xe8j3XhdSQ&pli=1
Project Name: Hunan Province, phosphate Tanjiaqiao field Gaoping phosphate
Location: Chenxi County Twp. High Tanjiaqiao Field Village
Constr. Content + Scale: annual output = 100K tons phosphate rock
Total Investment: 300 (million Yuan)
Owner: Chenxi County Hongyu Mining Co., Ltd.
Contact: Wu Haifeng
Phone: 13.97.308.1355
Evaluation by: Environmental Protection Science Research Institute Huaihua
Contact: Engineer Xiang
Phone: 07.45.273.0023
Facts about Chenxi County:
1. A railroad
2. 3 highways
3. River transportation (near branch of Yangtz river).
4. Also has reserves of coal, Cu, CaCO3, diamond, U.
5. Chemical plant producing phosphate fertilizer distributing to neighboring provinces.
http://baike.baidu.com/view/185444.htm, http://baike.baidu.com/view/2341720.htm
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60259931
http://baike.911cha.com/a2InNg==.html
Mining report – China does not have official report (e.g., 43-101). Quantity of phosphate does appear reasonable (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60260402).
5-31-10 – OUTLOOK RPT. – Int’l Fertilizer Indus. Assoc. Annual Conf., Paris (France)
http://www.sterlinggroupventures.com/ifa_june_2010.pdf
2010-2011 – MARKET ANALYSIS – China’s Phosphate + Compound Fertilizer Mkt Analysis + Forecast Rpt (2010-2011)
http://www.researchandmarkets.com/reportinfo.asp?report_id=1503875&tracker=related
11-10-09 – MINING PERMIT [valid to 11-10-14; does not have to be transferred]
http://webcache.googleusercontent.com/search?q=cache:-JnEaibstCAJ:www.gtzy.hunan.gov.cn/gtmh/zxfw/zwdt/jggg/index.jsp%3FpageIndex%3D53%26flowName%3D%E9%87%87%E7%9F%BF%E8%AE%B8%E5%8F%AF+c4300002009116120048322&cd=1&hl=en&ct=clnk&gl=us&lr=lang_zh-CN&source=www.google.com
-- Present Permit allows for 100,000 tons / yr.
-- Sterling plans to use open pit method + to increase production from initial 100K ton / yr to at least 400K ton / yr.
-- Hongyu paid resource fees to Chinese gov’t for 3.13 mil tons of phosphate resources for 5-year permit period only 3.13 mil tons).
-- Anyone who mines in China m/ pay resource tax + mineral resource compensation fee. The mineral resources compensation fees depend on mineral sales revenue, and are payable 2x per yr. See SGGV Post 243.
-- In Hunan province, phosphate rock hung suspended mineral resource tax levy since 10-1-2008.
China has imposed a 100-175% tariff to curtail exports.
FACTS ABOUT PHOSPHATE:
11th most abundant element.
Cannot be synthesized, and is non-renewable.
Essential to process of photosynthesis.
Absorbed thru soil (est. 1.5 bil lbs of P is absorbed per year).
Several types used in fertilizer, but in North America, Ammonium Orthophosphates, such as diammonium phosphate (DAP) and monoamonium phosphate (MAP) are dominant, as they contain Nitrogen (another needed fertilizer).
CAVEAT: THE ABOVE WAS COMPILED BY THIS USER AND IS NOT TO BE RELIED UPON. DO YOUR OWN DD.
My brother had one of those. :)
Every day of life is like being in a fox hole. Never know when your time’s up. Should be ready to meet your maker.
Years back, drove from Seattle to So. Cal, and stopped in Oakland to see ex-fam. Was few years after quake; overpasses & stuff were still in ruins
Haven’t had pork in years, then when I did once, was like I put a tablespoon of lard in my mouth, spit, pewey, yeck!
Soy sauce, corn syrup, sake combine for nice teriyaki sauce. Good combo.
Here's a BBQ sauce recipe a pastor's wife gave me; she was from the midwest, one of those fantastic wholesome farm-like cooks. Use it mostly for cook-outs on chicken wings. Everybody really loves 'em.
Combine these ingredients in large pot, mix, and simmer on very very low for hour or so and marinate overnight.
Chicken (cut up, cleaned)
3/4 c. sugar
1/2 c. soy sauce
1/4 c. Teriyaki sauce
1/3 c. vingar
1 onion (diced finely)
1 clove garlic (diced finely)
1 Qt. clear soda or more (e.g., Ginger Ale), add enough to cover chicken
Grill chicken bating w/ Hunt's Honey & Brown Sugar BBQ Sauce.
Now that I'm in, they are permitted to make announcement.
I'm in!
Thanks, Jobynimble.
That clears things up.
iHub doesn't show those quantities.
Any clue who's trying to dump shares?
Big sell orders in.
This stock's really going to rock when it gets moving. :)
Minimal sale orders.
0.345 - 8,240 - UBSS
0.350 - 17,996 - NITE
0.360 - 10,000 - PERT
0.360 - 5,000 - MAXM
0.380 - 7,900 - AUTO
0.510 - 2,500 - HDSN
0.610 - 2,500 - LAFC
0.620 - 2,500 - CSTI
0.850 - 2,500 - VERT
0.850 - 2,500 - DOMS
0.850 - 2,500 - ETMM
64,136 shs
Well, looks like most shares not even up for sale right now. Investors holding for what's to come.
0.195 - 7,000 - UBSS
0.280 - 20,000 - NITE
0.250 - 10,000 - PERT
0.280 - 37,000 - AUTO
0.280 - 29,900 - VERT
0.300 - 5,000 - DOMS
0.300 - 5,000 - MAXM
0.300 - 5,000 - LAFC
0.420 - 5,000 - HDSN
0.470 - 100,000 - RAJA
0.505 - 2,500 - ASCM
10.01 - 200 - STXG
10.01 - 100 - VNDM
100.3 - 100 - ETMM
226,800 shs
Wow, talk about getting down on your hands and knees and thanking the Lord for back up. There must be a reason for you still being here after that!
Nah, forget AF. Navy has a better air force. My son thought about going seal, then pilot, but talked him out of it. He did the seal training as a SAR, but no underwater demolition.
EEEEECCCCKKSSS! You are not getting with 100' of my kitchen with that treif. Kosher kitchen. :)
Hey, one of my Japanese friends from work taught me how to make Teriaki sauce. Here's the recipe. You can get the ingredients in Asian cooking stores or international food stores. She said most Japanese people don't use Kikoman's because it's too salty.
1. Oriental Mascot brand Chinese cooking Wine (Mishiu)
2. Marudaizu Shoyu (soy sauce), by Yamasa Corp., Choski, Chiba, Japan
3. Sugar
Mix 1:1:1 ratio.
Refrigerate at least over night before using.
Will keep a couple months in refrigerator.
Fabulous!
Bet ya hope you never see another rice paddy in your life. Good you made it out if there whole/alive.
Watching show on development if stealth tech at Groom Lake. Pretty kewl stuff.
ehhh, my son does cuz he wants to. Only time I successfully threatened him is when I told him if he didn't do what I asked, I'd never make him another pyrohi as long as I lived. Should have seen his face, LOL. The POWER.
Whoooooohhhhh, very hot tamales!!!
I'm trying to get my son to sell me something he has, but he's not budging. But, my ace is time. All I have to do is wait until the next greatest thing. He's coming back from being at sea in 3 weeks. Test the water again. :)
You military / former?
Woo hoo! Need to get my pyrohi recipe out. Son will be returning from being at sea in next 3 weeks. Sooooo jazzed!!!
Yep, that's antipersonnel ammo if I ever saw it, lol.