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What happened on these Dates?
2012/07/20 0.16 0.17 0.13 0.15 12,351,021 0.15
2012/07/19 0.085 0.14 0.078 0.14 15,792,017 0.14
Maybe someone's 'free' dividend shares just got released and they are happy to take what they can get?
perhaps ? MDMN is just TOO BIG...
The Chilean National Mining Corporation
ENAMI(“Empresa Nacional de Minería”) was founded on the 5th of April, 1960, inheriting a long tradition of small and medium size mining promotion that started in 1927 when the Mining Credit Fund (“Caja de Crédito Minero”) was created.
Mission
ENAMI´s mission is to promote small and medium size private sector mining in Chile, by providing incentives aimed at correcting market failures, and supplying technical, financial, metallurgical production and trading services they require in order to be competitive.
ENAMI´s incentives and services enable small and medium size mining firms to access international metal markets, and thus to benefit from the better position of ENAMI to attain competitive “economies of scale” and “economies of scope”.
A central principle of ENAMI´s management is to balance developing promotion activities with self-financing restrictions, since the Company should not be a net burden for the Central Government Budget. In fact, Government benefits from a special 40% tax, applied only to public sector companies’ gross income, and net profits withdrawals (100% dividend withdrawal) which, certainly, tend to more than balance annual Government Budget contributions to ENAMI´s expenditure on promotion activities.
In order to fulfill its mission, ENAMI’s assets include one smelter, five processing plants, purchasing agencies, and a network of technical support and technology transference facilities, focused on some 2.000 small size private sector producers of copper and precious metals.
ENAMI provides loans, especially to small size producers, allowing them to explore and identify new ore reserves, develop and enhance their mining facilities, buy equipment, and reach adequate levels of working capital.
Production, purchasing, treatment, technical and financial support operations of ENAMI spread along seven regions in Chile, covering a large area from the coast to the Andean mountains.
ENAMI purchases ores and concentrates from small and medium scale producers, process them in the concentrating and SX-EW plants, and the smelter, and exports the proceeds as mainly cathodes and refined copper to international markets. Besides, a wide range of fostering programs focused on small mining are aimed at increasing their business competitiveness and sustainability.
And had I been smart enough to aquire more of those .058 shares I might now be happy to take a 20+% profit.
I hope that if they do have a meeting and voting is required , that I get my own voting rights and do not have CEDE voting for me.
I'm not convinced that a steady price decline would be considered a DIP and a buying opportunity as some are suggesting ?
Sorry, after reading some of your other postings I thought that perhaps you were unable to figure it out for yourself.
$100,000 less debt can't be a bad thing IMO
This was more to the reference as to it being a PUT or a purchase ? No more no less. It is all as clear as mud.
Altos de Lipangue
Lipangue is located at the plateau of the Durazno River, 30 km north of Santiago, Chile. The area has been subject to historical mining since the time of the Incas and Spanish explorers and has exploration potential for rich placer gold. The estimated resources in place are: gold (722,000 ounces); silver (6,500,000 ounces); and copper (180,000,000 pounds). In addition, the property contains iron ore and molybdenum.
"Amarant acquired an 85% interest in the Altos de Lipangue project from Medinah Minerals S.A. Lipangue in 2012 "
From the Amarant mining web site.
'implosion'
Nov 28 news?
Update out! OTC
You got me there!
"To buy when others are despondently selling and to sell when others are euphorically buying takes the greatest courage, but provides the greatest profit."
John Templeton
From Amarant's web site "Vision & Strategy"
Amarant’s objective is to continue to acquire and further develop assets and to bring them into production, using our exclusive rights to world class proven and patented alluvial mining technology processes and manufacturing skills to recover precious metals.
Amarant is a non-listed, privately held Company and its current strategy is to remain private.
I think AU has a Crystal Ball, the only one I'll pay any attention to from now on. I think I now have good hindsight!
http://www.realtid.se/ArticlePages/201211/15/20121115144138_Realtid014/20121115144138_Realtid014.dbp.asphttp:/
New CEO for Amarant Mining
Arto Kuusinen recently appointed as CEO of Alluvia Mining has also been contracted to assume the role of CEO of Amaranth Mining.
According Arto Kuusinen LinkedIn page, he is since Monday president of both the listed Alluvia Mining and major owner Amarant Mining.
Arto Kuusinen became the new CEO of Amaranth Mining Ltd. in Dubai, United Arab Emirates pageant, Monday, 12 november 2012, according to LinkedIn.
The same day he was also appointed as CEO of Amaranth Mining's portfolio companies it nynoterade Alluvia Mining.
Amarant Mining is headquartered in Dubai but also has offices in Geneva, London and Stockholm.
Arto Kuusinen comes from the management company Accenture, where he was executive partner. His focus was already on including metals & mining, forestry and energy industries.
Amarant Mining, which is not a listed company, has not yet published the news on its website.
Article continues below
The former Eniro CEO Lars Guldstrand has previously, as chairman and major shareholder in Amarant Mining, stood as the foremost representative of the company.
OLD NEWS from above link
We need a little ballyhoo around here. The tier change was the last thing to shout about ( it really helped ) didn't it? Any ideas as to why they bothered?
Veblen I think that HR means this Company is not the same. I am inclined to agree with that.
http://www.bloomberg.com/quote/PG5:GR
It appears to be the right one from everything I can see or read. I wouldn't want to buy it anyways!
http://www.alluviamining.com/
—
November 5th 2012
Alluvia Mining Ltd shares are now traded on the Mangold list in Sweden
The Mangold list, by Mangold Fondkommission in Sweden, is a list that is neither a regulated market nor a multilateral trading facility, but has permission, according to Chapter 2, Article 1 § 1 p. Securities Markets Act (“VML”) to receive and transmit orders in relation to one or several financial instruments and thus organize trading in such instruments.
Only banks and securities firms may place orders on the Mangold list. For those Banks and securities firms who wish to place orders, please call the trading desk, tel.no: +46 (0) 8-50 30 15 85. Mangold advises individuals and companies who wish to place an order to contact their bank or securities firm.
For more information and share prices, please visit: http://www.mangold.se/MangoldOnline/Mangoldlistan.aspx
—–
"With a well already in place and existing processing equipment on site, the well can be reworked and the new equipment already owned by the FILO can be installed in operation in less than 120 days. "
I wonder if this has srarted yet? I wish that I could do a drive by.
Perhaps those in the know and those that already hold shares will be a little more willing to share their information. The stock somehow seems a little more legit....IMO audited finincials would also be a big plus IMO
It might be nice to get an update about how things are progressing as per this earlier release. on
Sept 4th 2012
"
The management of FILO has weighed all of the options and have located and purchased another site on Highway 75 in the highly prolific Mississippi Chat play in Southern Kansas. Currently, several drilling programs are underway in Southern Kansas, with major oil and gas companies are projecting over the next three years drilling wells far in excess of the estimated current and future production in Garvin County. All of the saltwater treatment equipment currently on the Chisholm site, owned by FILO will be moved to Kansas. The facility in Kansas has an existing disposal well drilled to the same proposed formation as the Garvin site, the vast Arbuckle zone. With a well already in place and existing processing equipment on site, the well can be reworked and the new equipment already owned by the FILO can be installed in operation in less than 120 days. "
It really happened !
I guess those that bought at .0009 a short while back are very happy?
So you decided to pitch instead? LOL
Would there be new franchise opportunities?
Sick howerver in the aftermath of Sandy , I would imagine that there would be a rather large need for FRCN type of work?
Will actual audited financial reports be part of MDMN's UPLIFTING uplisting?
Alluvia Mining http://alluviamining.com/investors-media/
?????????? is this medinah MDMN///?http://www.google.ca/url?sa=t&rct=j&q=enami%20chile%20medinah&source=web&cd=5&sqi=2&ved=0CDkQFjAE&url=http%3A%2F%2Fwww.chinagrindingmill.net%2Fsuccessful-cases%2Fmedinah-minireal-ldm-ore-processing-plant.html&ei=7XWVUPGOLuKsiAKkhIHwBw&usg=AFQjCNH2FJeINBJAtBDyRfQ54mJQ9yNzaQ
No problems Done deal , recorded, documented on tape, on camera,etc, at GM. IMO
No problems with ARTCO,. Share transfer etc. is all done. IMO
I feel so sorry for MDMN BOD. I hope they all have day jobs.
After hours trade @ .085
will the sec respond if the transfer agent does not ?