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Sometime in Q4.
I think that Monday will bring an update on the mining permit for the rage claims. That may prove to be what triggers the next pop...at least to get us back to the .001 range. It is still my belief that the big pop will come once the NI 43-101 reports come out.
-faz
Uranium mining claims jump in West
By JOHN HEILPRIN
Associated Press writer Friday, August 17, 2007
WASHINGTON -- Metals mining claims on Western federal lands jumped by 80 percent in the past 4.5 years, some popping up near popular national parks.
Overall metals mining claims rose from 207,540 in January 2003 to 376,493 in July of this year, two advocacy and research organizations said Thursday, based on their review of the Interior Department's Bureau of Land Management records.
Higher prices for gold and copper and renewed interest in uranium exploration, mainly due to global demand for nuclear power, helped fuel the jump.
"Claims have been on the rise," BLM spokesman Matt Spangler said. "That's mainly due to rising copper, gold and uranium prices. Those have been going up pretty significantly the past two and a half years."
During just two years between 2004 and 2006, four states -- Colorado, New Mexico, Utah, and Wyoming -- saw uranium mining claims rise from 4,300 to 32,000, the Environmental Working Group and the Pew Campaign for Responsible Mining reported.
Luke Popovich, a spokesman for the National Mining Association, had no immediate comment.
As nuclear power has rebounded, uranium prices have risen. Nuclear power proponents tout it as a relatively cheap, reliable and emissions-free source of energy, and many new nuclear power plants are planned around the world.
More than 1 percent of the metals mining claims were within five miles of 11 national parks and monuments analyzed by the two groups. That included 1,053 uranium claims near five parks: Grand Canyon in Arizona; Arches, Canyonlands and Capitol Reef, all in Utah; and Yellowstone, in Wyoming, Montana and Idaho.
Among states, Nevada had nearly half the mining claims. Wyoming was second, with 10 percent, followed by Utah, with 8 percent.
But Colorado and Utah added mining claims at the fastest rates, each with at least 200 percent more than at the start of 2003. Wyoming and South Dakota were next, each with more than a 100 percent increase.
The environmental groups said their review covered gold, silver, copper and uranium claims. The organizations said uranium mining interests are some of the largest claimholders in seven states -- Arizona, Colorado, New Mexico, Oregon, South Dakota, Utah and Wyoming.
The groups said they released the statistics to bring attention to the nation's antiquated mining laws, as metals mining companies pay no royalties for extraction on public lands, unlike the oil and gas industries. The groups are advocating legislation to require metals mining companies to pay royalties and create funds for abandoned mines cleanup.
Uranium Correction Provides Buying Opportunity
By Jay Taylor
Aug 17 2007 9:41AM
Uranium has had its first significant correction in several years. The price of U3O8 has fallen to $110, after briefly reaching a weekly closing high of $136. With this kind of decline, our uranium stocks have taken an even bigger hit in percentage terms which we think is really good news for those of you who have not yet purchased a portfolio of uranium stocks. In fact, we think James Dines is on to something when he suggests that a decline in the price of uranium reduces the potential dishoarding of more uranium from government stockpiles and as such is bullish for the uranium stocks.
We also agree with Dines in his view that uranium is uniquely poised at this particular time to weather a recession better than any other metal except for gold. Gold is real time-tested, market-proven money with intrinsic value, while paper money has been forced on the subjects of the American “crown.” Therefore, gold has been declared money by the markets, not by fiat or edict. When financial systems melt down or melt up, gold will be demanded as a medium of exchange once again by market participants, whether we head into a hyperinflation or an excruciating deflationary debt implosion. This is what separates gold from other metals, and even silver, in a deflationary collapse. Because of its nature, gold is money, while other metals are not, though silver is arguably also money, but not as good as gold.
If uranium is not money, why do I expect it to hold up well if we run into a deflationary scenario over the next few years? Because I have talked about this at some length in the past, I’m not going to write too much more about it now except to say that there is a shortage of uranium in the world to meet the needs of the existing 440+ nuclear reactors operating around the world right now. These reactors supply a significant amount of the world’s electricity. There are no substitute fuels for these power plants, so that the price of uranium can rise very dramatically - even much higher than the $136 that U3O8 hit earlier this year. In other words, this metal is price inelastic. There are no meaningful new supplies of this metal coming into the market for another 5 to 10 years. If we go into a major depression, there would be a reduction in demand for electricity, that is for sure, but a basic amount of electricity would still be required to hold society together. So the existing power plants would still need to secure uranium to stay in business, and there simply isn’t enough of it around to meet even a reduction in demand for electricity. Thus, even if we enter into a significant recession/depression, demand for uranium should keep its price in the $80 to $120 range for the foreseeable future.
One more detail I would like to point out is that with the most recent decline in U3O8, its “real” (inflation adjusted) price is now back to its prior peak of around $111.69 in 1976. With this “real” price of uranium at these heights, we think as long as U3O8 is priced in the $80 to $120 range (in real terms), the economics for uranium mining companies should remain very robust. While the market for commodities these days can be very fickle, the pullback from this sector by the investment community (perhaps most significantly hedge funds at this time of credit strains) provides alert investors with an opportunity to increase their exposure to this sector.
So, we see the most recent decline in the price of uranium and in the shares as a golden opportunity for investors to acquire uranium shares for their portfolio.
Uranium Correction Provides Buying Opportunity
By Jay Taylor
Aug 17 2007 9:41AM
Uranium has had its first significant correction in several years. The price of U3O8 has fallen to $110, after briefly reaching a weekly closing high of $136. With this kind of decline, our uranium stocks have taken an even bigger hit in percentage terms which we think is really good news for those of you who have not yet purchased a portfolio of uranium stocks. In fact, we think James Dines is on to something when he suggests that a decline in the price of uranium reduces the potential dishoarding of more uranium from government stockpiles and as such is bullish for the uranium stocks.
We also agree with Dines in his view that uranium is uniquely poised at this particular time to weather a recession better than any other metal except for gold. Gold is real time-tested, market-proven money with intrinsic value, while paper money has been forced on the subjects of the American “crown.” Therefore, gold has been declared money by the markets, not by fiat or edict. When financial systems melt down or melt up, gold will be demanded as a medium of exchange once again by market participants, whether we head into a hyperinflation or an excruciating deflationary debt implosion. This is what separates gold from other metals, and even silver, in a deflationary collapse. Because of its nature, gold is money, while other metals are not, though silver is arguably also money, but not as good as gold.
If uranium is not money, why do I expect it to hold up well if we run into a deflationary scenario over the next few years? Because I have talked about this at some length in the past, I’m not going to write too much more about it now except to say that there is a shortage of uranium in the world to meet the needs of the existing 440+ nuclear reactors operating around the world right now. These reactors supply a significant amount of the world’s electricity. There are no substitute fuels for these power plants, so that the price of uranium can rise very dramatically - even much higher than the $136 that U3O8 hit earlier this year. In other words, this metal is price inelastic. There are no meaningful new supplies of this metal coming into the market for another 5 to 10 years. If we go into a major depression, there would be a reduction in demand for electricity, that is for sure, but a basic amount of electricity would still be required to hold society together. So the existing power plants would still need to secure uranium to stay in business, and there simply isn’t enough of it around to meet even a reduction in demand for electricity. Thus, even if we enter into a significant recession/depression, demand for uranium should keep its price in the $80 to $120 range for the foreseeable future.
One more detail I would like to point out is that with the most recent decline in U3O8, its “real” (inflation adjusted) price is now back to its prior peak of around $111.69 in 1976. With this “real” price of uranium at these heights, we think as long as U3O8 is priced in the $80 to $120 range (in real terms), the economics for uranium mining companies should remain very robust. While the market for commodities these days can be very fickle, the pullback from this sector by the investment community (perhaps most significantly hedge funds at this time of credit strains) provides alert investors with an opportunity to increase their exposure to this sector.
So, we see the most recent decline in the price of uranium and in the shares as a golden opportunity for investors to acquire uranium shares for their portfolio.
Uranium Correction Provides Buying Opportunity
By Jay Taylor
Aug 17 2007 9:41AM
Uranium has had its first significant correction in several years. The price of U3O8 has fallen to $110, after briefly reaching a weekly closing high of $136. With this kind of decline, our uranium stocks have taken an even bigger hit in percentage terms which we think is really good news for those of you who have not yet purchased a portfolio of uranium stocks. In fact, we think James Dines is on to something when he suggests that a decline in the price of uranium reduces the potential dishoarding of more uranium from government stockpiles and as such is bullish for the uranium stocks.
We also agree with Dines in his view that uranium is uniquely poised at this particular time to weather a recession better than any other metal except for gold. Gold is real time-tested, market-proven money with intrinsic value, while paper money has been forced on the subjects of the American “crown.” Therefore, gold has been declared money by the markets, not by fiat or edict. When financial systems melt down or melt up, gold will be demanded as a medium of exchange once again by market participants, whether we head into a hyperinflation or an excruciating deflationary debt implosion. This is what separates gold from other metals, and even silver, in a deflationary collapse. Because of its nature, gold is money, while other metals are not, though silver is arguably also money, but not as good as gold.
If uranium is not money, why do I expect it to hold up well if we run into a deflationary scenario over the next few years? Because I have talked about this at some length in the past, I’m not going to write too much more about it now except to say that there is a shortage of uranium in the world to meet the needs of the existing 440+ nuclear reactors operating around the world right now. These reactors supply a significant amount of the world’s electricity. There are no substitute fuels for these power plants, so that the price of uranium can rise very dramatically - even much higher than the $136 that U3O8 hit earlier this year. In other words, this metal is price inelastic. There are no meaningful new supplies of this metal coming into the market for another 5 to 10 years. If we go into a major depression, there would be a reduction in demand for electricity, that is for sure, but a basic amount of electricity would still be required to hold society together. So the existing power plants would still need to secure uranium to stay in business, and there simply isn’t enough of it around to meet even a reduction in demand for electricity. Thus, even if we enter into a significant recession/depression, demand for uranium should keep its price in the $80 to $120 range for the foreseeable future.
One more detail I would like to point out is that with the most recent decline in U3O8, its “real” (inflation adjusted) price is now back to its prior peak of around $111.69 in 1976. With this “real” price of uranium at these heights, we think as long as U3O8 is priced in the $80 to $120 range (in real terms), the economics for uranium mining companies should remain very robust. While the market for commodities these days can be very fickle, the pullback from this sector by the investment community (perhaps most significantly hedge funds at this time of credit strains) provides alert investors with an opportunity to increase their exposure to this sector.
So, we see the most recent decline in the price of uranium and in the shares as a golden opportunity for investors to acquire uranium shares for their portfolio.
Uranium mining claims jump in West
By JOHN HEILPRIN
Associated Press writer Friday, August 17, 2007
WASHINGTON -- Metals mining claims on Western federal lands jumped by 80 percent in the past 4.5 years, some popping up near popular national parks.
Overall metals mining claims rose from 207,540 in January 2003 to 376,493 in July of this year, two advocacy and research organizations said Thursday, based on their review of the Interior Department's Bureau of Land Management records.
Higher prices for gold and copper and renewed interest in uranium exploration, mainly due to global demand for nuclear power, helped fuel the jump.
"Claims have been on the rise," BLM spokesman Matt Spangler said. "That's mainly due to rising copper, gold and uranium prices. Those have been going up pretty significantly the past two and a half years."
During just two years between 2004 and 2006, four states -- Colorado, New Mexico, Utah, and Wyoming -- saw uranium mining claims rise from 4,300 to 32,000, the Environmental Working Group and the Pew Campaign for Responsible Mining reported.
Luke Popovich, a spokesman for the National Mining Association, had no immediate comment.
As nuclear power has rebounded, uranium prices have risen. Nuclear power proponents tout it as a relatively cheap, reliable and emissions-free source of energy, and many new nuclear power plants are planned around the world.
More than 1 percent of the metals mining claims were within five miles of 11 national parks and monuments analyzed by the two groups. That included 1,053 uranium claims near five parks: Grand Canyon in Arizona; Arches, Canyonlands and Capitol Reef, all in Utah; and Yellowstone, in Wyoming, Montana and Idaho.
Among states, Nevada had nearly half the mining claims. Wyoming was second, with 10 percent, followed by Utah, with 8 percent.
But Colorado and Utah added mining claims at the fastest rates, each with at least 200 percent more than at the start of 2003. Wyoming and South Dakota were next, each with more than a 100 percent increase.
The environmental groups said their review covered gold, silver, copper and uranium claims. The organizations said uranium mining interests are some of the largest claimholders in seven states -- Arizona, Colorado, New Mexico, Oregon, South Dakota, Utah and Wyoming.
The groups said they released the statistics to bring attention to the nation's antiquated mining laws, as metals mining companies pay no royalties for extraction on public lands, unlike the oil and gas industries. The groups are advocating legislation to require metals mining companies to pay royalties and create funds for abandoned mines cleanup.
Thank you sir. Unreal, 55 million market cap? When do RSDS shareholders get a piece of that pie?
-faz
I could not agree more and now is the time to do it when he can scoop up more shares for the money.
Even if he could knock 200-400 million off the O/S, that would be huge and would only cost him 125k to 250k to do it.
-faz
Tek,
The market cap for AUMN can't be 55 million unless they have 55 million shares outstanding. I think it is more like the 800k - 1 mil. Also they have 68 mining claims. I think that where the shares price is and if the O/S is at 500k, then they are in a good spot to do a 504 and get it over with fairly quickly.
I still think a PR stating the terms of the acquisition of AUMN are and what it means for us.
-faz
Nice to see that the action today has been in the 6's.
It is just a matter of time. I am looking for the next PR stating approval for the second permit.
-faz
Yesterday's PR:
HOUSTON, TX,, Aug 14, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has purchased drilling equipment and has begun drilling as per its permit approved by Bureau of Land Management in July. The Company received approval for its Plan of Operations for uranium exploration on its Cache Claims in San Juan County Utah. The permit was approved by the Division of Oil, Gas and Mining for the State of Utah and allows for 33 holes, one wet and 32 dry to be drilled. The Company expects a second permit to be approved this week. "The purchase of this equipment is a major step for a development company like Russell Industries. We will now have the ability to validate the proven and probable reserves of this claim area and our other claim areas as permits are approved. We will then evaluate our options regarding strategic use of these assets," said Rick Berman, President and CEO of Russell Industries.
And from the August 2st PR:
Eric Leonetti, President/CEO (Trophy Resources) and Rick Berman, President/CEO (Russell Industries, Inc) said in a joint statement, "We simply cannot be more pleased with the progress we have made, as well as the manner in which this process has been completed, with the BLM. We have begun pursuing the acquisition of the equipment necessary to complete this exploratory work. We are now in position to make rapid progress on these initial holdings and look forward to what we feel will be very positive results."
Very encouraging. Would be nice to see that second permit come through this week and maybe an update on the drilling progress. If Berman really wanted to get this moving, he might release a PR that has some of the details of the exploration plan for both claim sets.
-faz
Ironman,
In fact, Uranoum prices have been on the decline, not increasing.
Uranium Prices Fall 12% In Largest Dip Ever
Posted on Aug 14th, 2007
FP Trading DeskFP Trading Desk submits: Uranium prices dipped more than 12% last week, the largest single decline since market monitor TradeTech began reporting spot prices nearly 40 years ago. Spot prices fell US$15 to US$105, according to TradeTech’s Aug. 10 issue of Nuclear Market Review.
“A number of factors have contributed to the price decline, the most influential of which has been the introduction of supply from a variety of sources including speculators/hedge funds, producers, intermediaries, and the U.S. government,” the report said. Cash generation is the primary driver of this influx of material, it added.
A sharp reduction in demand has also led prices lower in recent months.
However, with new Nuclear reactors coming online, this should stabilize and then start heading north. We should be finished with our NI 43-101 reports by then and maybe even pulling ore out of the ground.
-faz
fenian,
Gotta love seeing the boardmarks climbing again. I think with more interest and some more good news, the volume should be enough to pull us higher.
-faz
Good morning makin and all,
I think yesterday's PR is going to be the spring board we need to start moving up in PPS. I for one am very pleased. Who would of thought that we went from 0 mining claims a year ago to having 322 and drill equipment that is already digging! My hat is off to berman and I eagerly await the results from the exploration program.
-faz
fenian,
...and hopefully RSDS is looking to Denison as well.
-faz
fenian,
I agree, this is excellent news and should get us back to a higher trading range.
I was thinking last night if Berman wanted to buy some shares back and reduce the O/S, now would be the time.
-faz
dfall,
with drilling having commenced and 33 holes going in the ground, it is only a mtter of time before we get hard numbers. I like to know that drilling has already started which should facilitate the efforts on the NI 43-101 reports due out at the end of the year.
Excellent PR, now we just need it to go national. I wouldn't be surprised if TRSI puts this out on the wires like they did with the last one.
Maybe that is what our JV is for...LOL!
-faz
Russell Industries: Russell Industries begins drilling
HOUSTON, TX,, Aug 14, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has purchased drilling equipment and has begun drilling as per its permit approved by Bureau of Land Management in July. The Company received approval for its Plan of Operations for uranium exploration on its Cache Claims in San Juan County Utah. The permit was approved by the Division of Oil, Gas and Mining for the State of Utah and allows for 33 holes, one wet and 32 dry to be drilled. The Company expects a second permit to be approved this week. "The purchase of this equipment is a major step for a development company like Russell Industries. We will now have the ability to validate the proven and probable reserves of this claim area and our other claim areas as permits are approved. We will then evaluate our options regarding strategic use of these assets," said Rick Berman, President and CEO of Russell Industries.
Good volume coming right now. This could pop!
-faz
Russell Industries: Russell Industries begins drilling
HOUSTON, TX,, Aug 14, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has purchased drilling equipment and has begun drilling as per its permit approved by Bureau of Land Management in July. The Company received approval for its Plan of Operations for uranium exploration on its Cache Claims in San Juan County Utah. The permit was approved by the Division of Oil, Gas and Mining for the State of Utah and allows for 33 holes, one wet and 32 dry to be drilled. The Company expects a second permit to be approved this week. "The purchase of this equipment is a major step for a development company like Russell Industries. We will now have the ability to validate the proven and probable reserves of this claim area and our other claim areas as permits are approved. We will then evaluate our options regarding strategic use of these assets," said Rick Berman, President and CEO of Russell Industries.
Good volume coming right now. This could pop!
-faz
A R/S has already occurred for AUMN so you're right, I don't think he will do a R/S. However, 504 is a good possibility.
Russell Industries: -Russell Industries: American Uranium Mining Company (AUMN.PK) New Symbol and Reverse Split
HOUSTON, TX, Jul 05, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that its most current acquisition, American Uranium Mining Company (formerly Ithaca Industries) will be trading under its new symbol AUMN.PK and will have a 1-45 Reverse Split of its common stock effective at the opening of business today. RSDS acquired AUMN, which owns 68 Uranium Mining Claims located in the Briger Jack section, San Juan County, Utah in June. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County."
I think that if Berman needs to continue to finance the exploration that he will do a 504 on AUMN.
-faz
Great news!!
Starting to see some volume coming through.
I am not sure what to expect today. They are set to get approval for the permits today, but they may not PR until tomorrow.
-faz
Did you have to sign in to see the winners? The ones on the front page look like winners from last year.
Russell Industries: Fact Sheet
Russell Industries (RSDS.PK), a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 16, 2007 and recently acquired American Uranium Mining Company (AUMN.PK)
Trophy Resources (TRSI.PK) is excited to announce that their joint venture partnership with Russell Industries, Inc andAmerican Uranium Mining Company has received an exploratory mining permit for the initial uranium holdings in San Juan County, Utah.
This permit, (Claims UMC 391224 - 391273 / Permit E/037/125), will allow the companies to begin the process necessary to establish the true potential of this property in ore reserves, as well as its grade, with the objective of establishing a full scale mining operation in the near future.
322 mining claims already in house between AUMN and RSDS.
54 Pay Day Mine claims
100 Rage Claims (permit due on August 13th)
50 Rockie Claims
50 Cache Claims (permit in hand)
68 Mesa Claims (held by AUMN)
RSDS Claims (254):
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22004453
AUMN Claims (68) and map for all 322 claims:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21923428
Pay Day claims evaluation:
Monday January 29, 9:30 am ET
HOUSTON--(BUSINESS WIRE)--Russell Industries, Inc. (RSDS.PK) reports the following update regarding its proven and probable reserves. When extrapolating the preliminary report from Edge Consulting in December 2006 and information obtained by the Atomic Energy Commission dating back to February and June 1955 the geo-statistical estimation of reserves with underground mining, estimated reserves from the Russell Industries 54 claim group would be 2 - 20 million pounds of Uranium (U308) with an average grade of .27% and a cutoff of .10. An additional benefit of this area is the high content of Vanadium within the ore. Based on historical records, shipping records and samples, the average Vanadium content is 2 - 3%.
The current market price for Uranium is $71.00 per pound and $20.00 for Vanadium. The extrapolation of these parameters indicates the range of ore in the claims to have a value range in excess of $38,340,000. The Company is being encouraged to further testing which will require costly extensive mining, sampling and testing. "We are encouraged with the preliminary reports and will evaluate our options over the next 90 days," Rick Berman, President.
At the time of this report, Uranium and Vanadium prices were much lower than today’s current market price. Using today’s valuation, the 54 Pay Day claims could have a value in excess of $59,400,000.
Operational plans for Exploration of 322 claims.
RSDS already has been approved for a permit for exploration on the Cache claims.
Link to Full Report via pdf:
http://www.geocities.com/fazoolius_2006/Exploration_Reclamation_Contract.pdf
JPEG Image files:
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Note: Some information such as e-mail addresses, and bank routing numbers were erased for privacy protection.
RSDS is currently awaiting approval for permits on the Rage claims and one other claim set.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21524582
Acquisition of American Uranium Mining Company, AUMN.
At the current share price, AUMN is worth $800,000 USD.
HOUSTON, TX, Jun 18, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired American Uranium Mining Company ("AUMC"). AUMC owns 68 Uranium Mining Claims located in the Brigerjack section, San Juan County, Utah. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County," said Rick Berman, President and CEO.
Joint Venture with Trophy Resources.
Russell Industries currently has a joint venture with Trophy Resources. The CEO of Russell is on the board of directors. Trophy Resources brings the O&G expertise to the table and could potentially open up the 322 claim set to O&G exploration.
CLEVELAND, OH, Jul 25, 2007 (MARKET WIRE via COMTEX) -- Trophy Resources, Inc. (PINKSHEETS: TRSI) announced today that they have completed the due diligence and are proceeding with the acquisition process of an initial block of 65 uranium claims. This is the first phase of our uranium claim acquisition program to acquire the maximum of 310 claims allowed under federal guidelines.
The claims are located in the North Cottonwood area of San Juan County, Utah. They run in concert with and geographically complement those owned or currently being acquired by Trophy's JV partners: Russell Industries (PINKSHEETS: RSDS) and American Uranium Mining Company. While the three companies are independently operated, they have a JV agreement in place allowing for the best use of over all resources in the development of these claims.
Completed 504.
HOUSTON, May 31, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has completed its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission.
"The Company has positioned itself to continue its strategic plan for 2007 by acquiring an additional 50 Uranium mining claims, quantifying and valuing its present claims and make application to mine part of its claims. We are also contemplating the purchase of certain drilling equipment if our cost analysis indicates this to be advantageous," said Rick Berman, President and CEO.
Quarterly report stating the money invested in mining claims as well as the money spent through June 30, 2007 on exploration.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21949698
Share Structure:
Authorized Shares: 2,000,000,000 as of 05/29/2007
Outstanding Shares: 1,797,025,996 as of 5/29/2007
Restricted Shares: 150,737,759
Float: 1,646,288,237 as of 05/29/2007
Market Cap: $898,513
RSDS NEWS ARCHIVE (courtesy of Righty)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21911266
NI 43-101 reports due for all 254 claims held by RSDS.
HOUSTON, May 02, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has acquired an additional 50 Uranium Mine Claims in San Juan County, UT. The claims are located in close proximity to the Company's other Rage Claims.
This acquisition raises Russell Industries current total of San Juan County Uranium Claims to 254, covering an area of 5,080 acres. The company plans to begin mining operations, with estimated reserves of up to 1,000 tons of Uranium, in May.
"We have elected to engage two independent geologists to issue NI 43-101 compliant reports to establish an economic valuation of the underlying assets of the claims we now have in house," said Russell Industries President and CEO Mr. Rick Berman.
A National Instrument (NI) 43-101 report is the standard that Canadian Securities Administrators have developed to regulate how public companies or "issuers" can disclose scientific and technical information about mineral projects to the public. This report is also used in the EC as a standard that investment funds use when evaluating potential investments. The report is expected to be delivered during the fourth quarter of 2007.
!!!!THIS STOCK HAS GOT TREMENDOUS POTENTIAL!!!! With news that we are executing the Plan of Operations for the Cache claims and beginning work on the Rage claims this can and will see upward movement. When the valuation of all 322 claims comes in (not just the 54 claims valued at $59,400,000 at todays U308 prices) this baby will move even higher.
This is a great buying opportunity and will be one hell of a ride over the next few months.
-faz
Russell Industries: Fact Sheet
Russell Industries (RSDS.PK), a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 16, 2007 and recently acquired American Uranium Mining Company (AUMN.PK)
Trophy Resources (TRSI.PK) is excited to announce that their joint venture partnership with Russell Industries, Inc andAmerican Uranium Mining Company has received an exploratory mining permit for the initial uranium holdings in San Juan County, Utah.
This permit, (Claims UMC 391224 - 391273 / Permit E/037/125), will allow the companies to begin the process necessary to establish the true potential of this property in ore reserves, as well as its grade, with the objective of establishing a full scale mining operation in the near future.
322 mining claims already in house between AUMN and RSDS.
54 Pay Day Mine claims
100 Rage Claims (permit due on August 13th)
50 Rockie Claims
50 Cache Claims (permit in hand)
68 Mesa Claims (held by AUMN)
RSDS Claims (254):
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22004453
AUMN Claims (68) and map for all 322 claims:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21923428
Pay Day claims evaluation:
Monday January 29, 9:30 am ET
HOUSTON--(BUSINESS WIRE)--Russell Industries, Inc. (RSDS.PK) reports the following update regarding its proven and probable reserves. When extrapolating the preliminary report from Edge Consulting in December 2006 and information obtained by the Atomic Energy Commission dating back to February and June 1955 the geo-statistical estimation of reserves with underground mining, estimated reserves from the Russell Industries 54 claim group would be 2 - 20 million pounds of Uranium (U308) with an average grade of .27% and a cutoff of .10. An additional benefit of this area is the high content of Vanadium within the ore. Based on historical records, shipping records and samples, the average Vanadium content is 2 - 3%.
The current market price for Uranium is $71.00 per pound and $20.00 for Vanadium. The extrapolation of these parameters indicates the range of ore in the claims to have a value range in excess of $38,340,000. The Company is being encouraged to further testing which will require costly extensive mining, sampling and testing. "We are encouraged with the preliminary reports and will evaluate our options over the next 90 days," Rick Berman, President.
At the time of this report, Uranium and Vanadium prices were much lower than today’s current market price. Using today’s valuation, the 54 Pay Day claims could have a value in excess of $59,400,000.
Operational plans for Exploration of 322 claims.
RSDS already has been approved for a permit for exploration on the Cache claims.
Link to Full Report via pdf:
http://www.geocities.com/fazoolius_2006/Exploration_Reclamation_Contract.pdf
JPEG Image files:
page 1: http://img364.imageshack.us/img364/811/expreclcont1iy2.jpg
page 2: http://img364.imageshack.us/img364/8797/expreclcont2zf0.jpg
page 3: http://img364.imageshack.us/img364/7982/expreclcont3eo8.jpg
page 4: http://img364.imageshack.us/img364/7176/expreclcont4wx1.jpg
page 5: http://img394.imageshack.us/img394/2371/expreclcont5hp0.jpg
page 6: http://img394.imageshack.us/img394/5060/expreclcont6io0.jpg
Page 7: http://img267.imageshack.us/img267/9149/expreclcont7vn1.jpg
Page 8: http://img267.imageshack.us/img267/773/expreclcont8gz4.jpg
Page 9: http://img267.imageshack.us/img267/7788/expreclcont9tk9.jpg
Note: Some information such as e-mail addresses, and bank routing numbers were erased for privacy protection.
RSDS is currently awaiting approval for permits on the Rage claims and one other claim set.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21524582
Acquisition of American Uranium Mining Company, AUMN.
At the current share price, AUMN is worth $800,000 USD.
HOUSTON, TX, Jun 18, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired American Uranium Mining Company ("AUMC"). AUMC owns 68 Uranium Mining Claims located in the Brigerjack section, San Juan County, Utah. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County," said Rick Berman, President and CEO.
Joint Venture with Trophy Resources.
Russell Industries currently has a joint venture with Trophy Resources. The CEO of Russell is on the board of directors. Trophy Resources brings the O&G expertise to the table and could potentially open up the 322 claim set to O&G exploration.
CLEVELAND, OH, Jul 25, 2007 (MARKET WIRE via COMTEX) -- Trophy Resources, Inc. (PINKSHEETS: TRSI) announced today that they have completed the due diligence and are proceeding with the acquisition process of an initial block of 65 uranium claims. This is the first phase of our uranium claim acquisition program to acquire the maximum of 310 claims allowed under federal guidelines.
The claims are located in the North Cottonwood area of San Juan County, Utah. They run in concert with and geographically complement those owned or currently being acquired by Trophy's JV partners: Russell Industries (PINKSHEETS: RSDS) and American Uranium Mining Company. While the three companies are independently operated, they have a JV agreement in place allowing for the best use of over all resources in the development of these claims.
Completed 504.
HOUSTON, May 31, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has completed its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission.
"The Company has positioned itself to continue its strategic plan for 2007 by acquiring an additional 50 Uranium mining claims, quantifying and valuing its present claims and make application to mine part of its claims. We are also contemplating the purchase of certain drilling equipment if our cost analysis indicates this to be advantageous," said Rick Berman, President and CEO.
Quarterly report stating the money invested in mining claims as well as the money spent through June 30, 2007 on exploration.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21949698
Share Structure:
Authorized Shares: 2,000,000,000 as of 05/29/2007
Outstanding Shares: 1,797,025,996 as of 5/29/2007
Restricted Shares: 150,737,759
Float: 1,646,288,237 as of 05/29/2007
Market Cap: $898,513
RSDS NEWS ARCHIVE (courtesy of Righty)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21911266
NI 43-101 reports due for all 254 claims held by RSDS.
HOUSTON, May 02, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has acquired an additional 50 Uranium Mine Claims in San Juan County, UT. The claims are located in close proximity to the Company's other Rage Claims.
This acquisition raises Russell Industries current total of San Juan County Uranium Claims to 254, covering an area of 5,080 acres. The company plans to begin mining operations, with estimated reserves of up to 1,000 tons of Uranium, in May.
"We have elected to engage two independent geologists to issue NI 43-101 compliant reports to establish an economic valuation of the underlying assets of the claims we now have in house," said Russell Industries President and CEO Mr. Rick Berman.
A National Instrument (NI) 43-101 report is the standard that Canadian Securities Administrators have developed to regulate how public companies or "issuers" can disclose scientific and technical information about mineral projects to the public. This report is also used in the EC as a standard that investment funds use when evaluating potential investments. The report is expected to be delivered during the fourth quarter of 2007.
!!!!THIS STOCK HAS GOT TREMENDOUS POTENTIAL!!!! With news that we are executing the Plan of Operations for the Cache claims and beginning work on the Rage claims this can and will see upward movement. When the valuation of all 322 claims comes in (not just the 54 claims valued at $59,400,000 at todays U308 prices) this baby will move even higher.
This is a great buying opportunity and will be one hell of a ride over the next few months.
-faz
Russell Industries: Fact Sheet
Russell Industries (RSDS.PK), a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 16, 2007 and recently acquired American Uranium Mining Company (AUMN.PK)
Trophy Resources (TRSI.PK) is excited to announce that their joint venture partnership with Russell Industries, Inc andAmerican Uranium Mining Company has received an exploratory mining permit for the initial uranium holdings in San Juan County, Utah.
This permit, (Claims UMC 391224 - 391273 / Permit E/037/125), will allow the companies to begin the process necessary to establish the true potential of this property in ore reserves, as well as its grade, with the objective of establishing a full scale mining operation in the near future.
322 mining claims already in house between AUMN and RSDS.
54 Pay Day Mine claims
100 Rage Claims (permit due on August 13th)
50 Rockie Claims
50 Cache Claims (permit in hand)
68 Mesa Claims (held by AUMN)
RSDS Claims (254):
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22004453
AUMN Claims (68) and map for all 322 claims:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21923428
Pay Day claims evaluation:
Monday January 29, 9:30 am ET
HOUSTON--(BUSINESS WIRE)--Russell Industries, Inc. (RSDS.PK) reports the following update regarding its proven and probable reserves. When extrapolating the preliminary report from Edge Consulting in December 2006 and information obtained by the Atomic Energy Commission dating back to February and June 1955 the geo-statistical estimation of reserves with underground mining, estimated reserves from the Russell Industries 54 claim group would be 2 - 20 million pounds of Uranium (U308) with an average grade of .27% and a cutoff of .10. An additional benefit of this area is the high content of Vanadium within the ore. Based on historical records, shipping records and samples, the average Vanadium content is 2 - 3%.
The current market price for Uranium is $71.00 per pound and $20.00 for Vanadium. The extrapolation of these parameters indicates the range of ore in the claims to have a value range in excess of $38,340,000. The Company is being encouraged to further testing which will require costly extensive mining, sampling and testing. "We are encouraged with the preliminary reports and will evaluate our options over the next 90 days," Rick Berman, President.
At the time of this report, Uranium and Vanadium prices were much lower than today’s current market price. Using today’s valuation, the 54 Pay Day claims could have a value in excess of $59,400,000.
Operational plans for Exploration of 322 claims.
RSDS already has been approved for a permit for exploration on the Cache claims.
Link to Full Report via pdf:
http://www.geocities.com/fazoolius_2006/Exploration_Reclamation_Contract.pdf
JPEG Image files:
page 1: http://img364.imageshack.us/img364/811/expreclcont1iy2.jpg
page 2: http://img364.imageshack.us/img364/8797/expreclcont2zf0.jpg
page 3: http://img364.imageshack.us/img364/7982/expreclcont3eo8.jpg
page 4: http://img364.imageshack.us/img364/7176/expreclcont4wx1.jpg
page 5: http://img394.imageshack.us/img394/2371/expreclcont5hp0.jpg
page 6: http://img394.imageshack.us/img394/5060/expreclcont6io0.jpg
Page 7: http://img267.imageshack.us/img267/9149/expreclcont7vn1.jpg
Page 8: http://img267.imageshack.us/img267/773/expreclcont8gz4.jpg
Page 9: http://img267.imageshack.us/img267/7788/expreclcont9tk9.jpg
Note: Some information such as e-mail addresses, and bank routing numbers were erased for privacy protection.
RSDS is currently awaiting approval for permits on the Rage claims and one other claim set.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21524582
Acquisition of American Uranium Mining Company, AUMN.
At the current share price, AUMN is worth $800,000 USD.
HOUSTON, TX, Jun 18, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired American Uranium Mining Company ("AUMC"). AUMC owns 68 Uranium Mining Claims located in the Brigerjack section, San Juan County, Utah. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County," said Rick Berman, President and CEO.
Joint Venture with Trophy Resources.
Russell Industries currently has a joint venture with Trophy Resources. The CEO of Russell is on the board of directors. Trophy Resources brings the O&G expertise to the table and could potentially open up the 322 claim set to O&G exploration.
CLEVELAND, OH, Jul 25, 2007 (MARKET WIRE via COMTEX) -- Trophy Resources, Inc. (PINKSHEETS: TRSI) announced today that they have completed the due diligence and are proceeding with the acquisition process of an initial block of 65 uranium claims. This is the first phase of our uranium claim acquisition program to acquire the maximum of 310 claims allowed under federal guidelines.
The claims are located in the North Cottonwood area of San Juan County, Utah. They run in concert with and geographically complement those owned or currently being acquired by Trophy's JV partners: Russell Industries (PINKSHEETS: RSDS) and American Uranium Mining Company. While the three companies are independently operated, they have a JV agreement in place allowing for the best use of over all resources in the development of these claims.
Completed 504.
HOUSTON, May 31, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has completed its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission.
"The Company has positioned itself to continue its strategic plan for 2007 by acquiring an additional 50 Uranium mining claims, quantifying and valuing its present claims and make application to mine part of its claims. We are also contemplating the purchase of certain drilling equipment if our cost analysis indicates this to be advantageous," said Rick Berman, President and CEO.
Quarterly report stating the money invested in mining claims as well as the money spent through June 30, 2007 on exploration.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21949698
Share Structure:
Authorized Shares: 2,000,000,000 as of 05/29/2007
Outstanding Shares: 1,797,025,996 as of 5/29/2007
Restricted Shares: 150,737,759
Float: 1,646,288,237 as of 05/29/2007
Market Cap: $898,513
RSDS NEWS ARCHIVE (courtesy of Righty)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21911266
NI 43-101 reports due for all 254 claims held by RSDS.
HOUSTON, May 02, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has acquired an additional 50 Uranium Mine Claims in San Juan County, UT. The claims are located in close proximity to the Company's other Rage Claims.
This acquisition raises Russell Industries current total of San Juan County Uranium Claims to 254, covering an area of 5,080 acres. The company plans to begin mining operations, with estimated reserves of up to 1,000 tons of Uranium, in May.
"We have elected to engage two independent geologists to issue NI 43-101 compliant reports to establish an economic valuation of the underlying assets of the claims we now have in house," said Russell Industries President and CEO Mr. Rick Berman.
A National Instrument (NI) 43-101 report is the standard that Canadian Securities Administrators have developed to regulate how public companies or "issuers" can disclose scientific and technical information about mineral projects to the public. This report is also used in the EC as a standard that investment funds use when evaluating potential investments. The report is expected to be delivered during the fourth quarter of 2007.
!!!!THIS STOCK HAS GOT TREMENDOUS POTENTIAL!!!! With news that we are executing the Plan of Operations for the Cache claims and beginning work on the Rage claims this can and will see upward movement. When the valuation of all 322 claims comes in (not just the 54 claims valued at $59,400,000 at todays U308 prices) this baby will move even higher.
This is a great buying opportunity and will be one hell of a ride over the next few months.
-faz
Russell Industries: Fact Sheet
Russell Industries (RSDS.PK), a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. The Company owns a majority ownership interest in 322 Uranium Mining Claims as of July 16, 2007 and recently acquired American Uranium Mining Company (AUMN.PK)
Trophy Resources (TRSI.PK) is excited to announce that their joint venture partnership with Russell Industries, Inc andAmerican Uranium Mining Company has received an exploratory mining permit for the initial uranium holdings in San Juan County, Utah.
This permit, (Claims UMC 391224 - 391273 / Permit E/037/125), will allow the companies to begin the process necessary to establish the true potential of this property in ore reserves, as well as its grade, with the objective of establishing a full scale mining operation in the near future.
322 mining claims already in house between AUMN and RSDS.
54 Pay Day Mine claims
100 Rage Claims (permit due on August 13th)
50 Rockie Claims
50 Cache Claims (permit in hand)
68 Mesa Claims (held by AUMN)
RSDS Claims (254):
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22004453
AUMN Claims (68) and map for all 322 claims:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21923428
Pay Day claims evaluation:
Monday January 29, 9:30 am ET
HOUSTON--(BUSINESS WIRE)--Russell Industries, Inc. (RSDS.PK) reports the following update regarding its proven and probable reserves. When extrapolating the preliminary report from Edge Consulting in December 2006 and information obtained by the Atomic Energy Commission dating back to February and June 1955 the geo-statistical estimation of reserves with underground mining, estimated reserves from the Russell Industries 54 claim group would be 2 - 20 million pounds of Uranium (U308) with an average grade of .27% and a cutoff of .10. An additional benefit of this area is the high content of Vanadium within the ore. Based on historical records, shipping records and samples, the average Vanadium content is 2 - 3%.
The current market price for Uranium is $71.00 per pound and $20.00 for Vanadium. The extrapolation of these parameters indicates the range of ore in the claims to have a value range in excess of $38,340,000. The Company is being encouraged to further testing which will require costly extensive mining, sampling and testing. "We are encouraged with the preliminary reports and will evaluate our options over the next 90 days," Rick Berman, President.
At the time of this report, Uranium and Vanadium prices were much lower than today’s current market price. Using today’s valuation, the 54 Pay Day claims could have a value in excess of $59,400,000.
Operational plans for Exploration of 322 claims.
RSDS already has been approved for a permit for exploration on the Cache claims.
Link to Full Report via pdf:
http://www.geocities.com/fazoolius_2006/Exploration_Reclamation_Contract.pdf
JPEG Image files:
page 1: http://img364.imageshack.us/img364/811/expreclcont1iy2.jpg
page 2: http://img364.imageshack.us/img364/8797/expreclcont2zf0.jpg
page 3: http://img364.imageshack.us/img364/7982/expreclcont3eo8.jpg
page 4: http://img364.imageshack.us/img364/7176/expreclcont4wx1.jpg
page 5: http://img394.imageshack.us/img394/2371/expreclcont5hp0.jpg
page 6: http://img394.imageshack.us/img394/5060/expreclcont6io0.jpg
Page 7: http://img267.imageshack.us/img267/9149/expreclcont7vn1.jpg
Page 8: http://img267.imageshack.us/img267/773/expreclcont8gz4.jpg
Page 9: http://img267.imageshack.us/img267/7788/expreclcont9tk9.jpg
Note: Some information such as e-mail addresses, and bank routing numbers were erased for privacy protection.
RSDS is currently awaiting approval for permits on the Rage claims and one other claim set.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21524582
Acquisition of American Uranium Mining Company, AUMN.
At the current share price, AUMN is worth $800,000 USD.
HOUSTON, TX, Jun 18, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired American Uranium Mining Company ("AUMC"). AUMC owns 68 Uranium Mining Claims located in the Brigerjack section, San Juan County, Utah. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County," said Rick Berman, President and CEO.
Joint Venture with Trophy Resources.
Russell Industries currently has a joint venture with Trophy Resources. The CEO of Russell is on the board of directors. Trophy Resources brings the O&G expertise to the table and could potentially open up the 322 claim set to O&G exploration.
CLEVELAND, OH, Jul 25, 2007 (MARKET WIRE via COMTEX) -- Trophy Resources, Inc. (PINKSHEETS: TRSI) announced today that they have completed the due diligence and are proceeding with the acquisition process of an initial block of 65 uranium claims. This is the first phase of our uranium claim acquisition program to acquire the maximum of 310 claims allowed under federal guidelines.
The claims are located in the North Cottonwood area of San Juan County, Utah. They run in concert with and geographically complement those owned or currently being acquired by Trophy's JV partners: Russell Industries (PINKSHEETS: RSDS) and American Uranium Mining Company. While the three companies are independently operated, they have a JV agreement in place allowing for the best use of over all resources in the development of these claims.
Completed 504.
HOUSTON, May 31, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has completed its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission.
"The Company has positioned itself to continue its strategic plan for 2007 by acquiring an additional 50 Uranium mining claims, quantifying and valuing its present claims and make application to mine part of its claims. We are also contemplating the purchase of certain drilling equipment if our cost analysis indicates this to be advantageous," said Rick Berman, President and CEO.
Quarterly report stating the money invested in mining claims as well as the money spent through June 30, 2007 on exploration.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21949698
Share Structure:
Authorized Shares: 2,000,000,000 as of 05/29/2007
Outstanding Shares: 1,797,025,996 as of 5/29/2007
Restricted Shares: 150,737,759
Float: 1,646,288,237 as of 05/29/2007
Market Cap: $898,513
RSDS NEWS ARCHIVE (courtesy of Righty)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21911266
NI 43-101 reports due for all 254 claims held by RSDS.
HOUSTON, May 02, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has acquired an additional 50 Uranium Mine Claims in San Juan County, UT. The claims are located in close proximity to the Company's other Rage Claims.
This acquisition raises Russell Industries current total of San Juan County Uranium Claims to 254, covering an area of 5,080 acres. The company plans to begin mining operations, with estimated reserves of up to 1,000 tons of Uranium, in May.
"We have elected to engage two independent geologists to issue NI 43-101 compliant reports to establish an economic valuation of the underlying assets of the claims we now have in house," said Russell Industries President and CEO Mr. Rick Berman.
A National Instrument (NI) 43-101 report is the standard that Canadian Securities Administrators have developed to regulate how public companies or "issuers" can disclose scientific and technical information about mineral projects to the public. This report is also used in the EC as a standard that investment funds use when evaluating potential investments. The report is expected to be delivered during the fourth quarter of 2007.
!!!!THIS STOCK HAS GOT TREMENDOUS POTENTIAL!!!! With news that we are executing the Plan of Operations for the Cache claims and beginning work on the Rage claims this can and will see upward movement. When the valuation of all 322 claims comes in (not just the 54 claims valued at $59,400,000 at todays U308 prices) this baby will move even higher.
This is a great buying opportunity and will be one hell of a ride over the next few months.
-faz
RSDS current claims set. 254 claims
RUSSELL INDUSTRIES INC INT-REL: CO-OWNER CUSTOMER ID: 2253563
66 MILL POINT PL
THE WOODLANDS, TX 77380
Serial No Claim Name/Number County D Claim Type Last A Yr Mc Loc Dt Mr Twn Rng Sec Subdiv Ser Part
UMC379740 PAY DAY MINE # 9 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE 379740
UMC379741 PAY DAY MINE # 10 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 SE 379741
UMC379742 PAY DAY MINE # 11 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 SE 379742
UMC379743 PAY DAY MINE # 12 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 SE 379743
UMC379744 PAY DAY MINE # 13 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NE SE 379744
UMC379745 PAY DAY MINE # 14 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NE 379745
UMC379746 PAY DAY MINE # 15 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NE 379746
UMC379747 PAY DAY MINE # 16 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NE 379747
UMC379748 PAY DAY MINE # 17 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NE 379748
UMC379749 PAY DAY MINE # 18 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NE NW 379749
UMC379750 PAY DAY MINE # 19 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NE NW 379750
UMC379751 PAY DAY MINE # 20 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NE NW 379751
UMC379752 PAY DAY MINE # 21 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NE NW 379752
UMC379753 PAY DAY MINE # 22 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NE NW SW SE 379753
UMC379754 PAY DAY MINE # 23 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 SW SE 379754
UMC379755 PAY DAY MINE # 24 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 SE 379755
UMC379756 PAY DAY MINE # 25 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 SE 379756
UMC379757 PAY DAY # 26 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 SE 379757
UMC379760 PAY DAY MINE # 29 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 SW 379760
UMC379761 PAY DAY MINE # 30 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 SW 379761
UMC379762 PAY DAY MINE # 31 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NW SW 379762
UMC379763 PAY DAY MINE # 32 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NW 379763
UMC379764 PAY DAY MINE # 33 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NW 379764
UMC379765 PAY DAY MINE # 34 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NW 379765
UMC379766 PAY DAY MINE # 35 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NW 379766
UMC379767 PAY DAY MINE # 36 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NW 379767
UMC379768 PAY DAY MINE # 37 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NW 379768
UMC379769 PAY DAY MINE # 38 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NW 379769
UMC379770 PAY DAY MINE # 39 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 026 NW 379770
UMC379774 PAY DAY MINE # 45 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE 379774
UMC379775 PAY DAY MINE # 46 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE 379775
UMC379776 PAY DAY MINE # 47 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE 379776
UMC379777 PAY DAY MINE # 48 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE 379777
UMC379778 PAY DAY MINE # 49 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE SE 379778
UMC379779 PAY DAY MINE # 50 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 SE 379779
UMC379780 PAY DAY MINE # 51 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 SE 379780
UMC379781 PAY DAY MINE # 52 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 SE 379781
UMC379782 PAY DAY MINE # 53 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE NW 379782
UMC379783 PAY DAY MINE # 54 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE NW 379783
UMC379784 PAY DAY MINE # 55 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE NW 379784
UMC379785 PAY DAY MINE # 56 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE NW 379785
UMC379786 PAY DAY MINE # 57 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NE NW SW SE 379786
UMC379787 PAY DAY MINE # 58 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 SW SE 379787
UMC379788 PAY DAY MINE # 59 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 SW SE 379788
UMC379789 PAY DAY MINE # 60 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 SW SE 379789
UMC379790 PAY DAY MINE # 61 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 SW 379790
UMC379791 PAY DAY MINE # 62 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 SW 379791
UMC379792 PAY DAY MINE # 63 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 SW 379792
UMC379793 PAY DAY MINE # 64 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NW SW 379793
UMC379794 PAY DAY MINE # 65 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NW 379794
UMC379795 PAY DAY MINE # 66 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NW 379795
UMC379796 PAY DAY MINE # 67 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NW 379796
UMC379797 PAY DAY MINE # 68 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NW 379797
UMC379798 PAY DAY MINE # 69 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 034 NE 379798
UMC379799 PAY DAY MINE # 70 SAN JUAN A LODE CLAIM 2007 9/7/2005 26 0310S 0240E 035 NW 379799
UMC391224 CACHE # 1 SAN JUAN A LODE CLAIM 2007 4/15/2007 26 0300S 0260E 028 NW 391224
UMC391225 CACHE # 2 SAN JUAN A LODE CLAIM 2007 4/15/2007 26 0300S 0260E 028 NW 391225
UMC391226 CACHE # 3 SAN JUAN A LODE CLAIM 2007 4/15/2007 26 0300S 0260E 028 NW 391226
UMC391227 CACHE # 4 SAN JUAN A LODE CLAIM 2007 4/15/2007 26 0300S 0260E 028 NW 391227
UMC391228 CACHE # 5 SAN JUAN A LODE CLAIM 2007 4/15/2007 26 0300S 0260E 028 NW SW 391228
UMC391229 CACHE # 6 SAN JUAN A LODE CLAIM 2007 4/15/2007 26 0300S 0260E 028 SW 391229
UMC391230 CACHE # 7 SAN JUAN A LODE CLAIM 2007 4/15/2007 26 0300S 0260E 028 SW 391230
UMC391231 CACHE # 8 SAN JUAN A LODE CLAIM 2007 4/15/2007 26 0300S 0260E 028 SW 391231
UMC391232 CACHE # 9 SAN JUAN A LODE CLAIM 2007 4/16/2007 26 0300S 0260E 028 NE NW 391232
UMC391233 CACHE # 10 SAN JUAN A LODE CLAIM 2007 4/16/2007 26 0300S 0260E 028 NE NW 391233
UMC391234 CACHE # 11 SAN JUAN A LODE CLAIM 2007 4/16/2007 26 0300S 0260E 028 NE NW 391234
UMC391235 CACHE # 12 SAN JUAN A LODE CLAIM 2007 4/16/2007 26 0300S 0260E 028 NE NW 391235
UMC391236 CACHE # 13 SAN JUAN A LODE CLAIM 2007 4/16/2007 26 0300S 0260E 028 SW SE 391236
UMC391237 CACHE # 14 SAN JUAN A LODE CLAIM 2007 4/16/2007 26 0300S 0260E 028 SW SE 391237
UMC391238 CACHE # 15 SAN JUAN A LODE CLAIM 2007 4/16/2007 26 0300S 0260E 028 SW SE 391238
UMC391239 CACHE # 16 SAN JUAN A LODE CLAIM 2007 4/16/2007 26 0300S 0260E 028 SW SE 391239
UMC391240 CACHE # 17 SAN JUAN A LODE CLAIM 2007 4/17/2007 26 0300S 0260E 028 NE 391240
UMC391241 CACHE # 18 SAN JUAN A LODE CLAIM 2007 4/17/2007 26 0300S 0260E 028 NE 391241
UMC391242 CACHE # 19 SAN JUAN A LODE CLAIM 2007 4/17/2007 26 0300S 0260E 028 NE 391242
UMC391243 CACHE # 20 SAN JUAN A LODE CLAIM 2007 4/17/2007 26 0300S 0260E 028 NE 391243
UMC391244 CACHE # 21 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 028 NE SE 391244
UMC391245 CACHE # 22 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 028 SE 391245
UMC391246 CACHE # 23 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 028 SE 391246
UMC391247 CACHE # 24 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 028 SE 391247
UMC391248 CACHE # 25 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 NW 391248
UMC391249 CACHE # 26 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 NW 391249
UMC391250 CACHE # 27 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 NW 391250
UMC391251 CACHE # 28 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 NW 391251
UMC391252 CACHE # 29 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 NW SW 391252
UMC391253 CACHE # 30 SAN JUAN A LODE CLAIM 2007 4/19/2007 26 0300S 0260E 027 SW 391253
UMC391254 CACHE # 31 SAN JUAN A LODE CLAIM 2007 4/19/2007 26 0300S 0260E 027 SW 391254
UMC391255 CACHE # 32 SAN JUAN A LODE CLAIM 2007 4/19/2007 26 0300S 0260E 027 SW 391255
UMC391256 CACHE # 33 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 NE NW 391256
UMC391257 CACHE # 34 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 NE NW 391257
UMC391258 CACHE # 35 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 NE NW 391258
UMC391259 CACHE # 36 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 NE NW 391259
UMC391260 CACHE # 37 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 SW SE 391260
UMC391261 CACHE # 38 SAN JUAN A LODE CLAIM 2007 4/18/2007 26 0300S 0260E 027 SW SE 391261
UMC391262 CACHE # 39 SAN JUAN A LODE CLAIM 2007 4/19/2007 26 0300S 0260E 027 SW SE 391262
UMC391263 CACHE # 40 SAN JUAN A LODE CLAIM 2007 4/19/2007 26 0300S 0260E 027 SW SE 391263
UMC391264 CACHE # 41 SAN JUAN A LODE CLAIM 2007 4/19/2007 26 0300S 0260E 027 NE 391264
UMC391265 CACHE # 42 SAN JUAN A LODE CLAIM 2007 2/19/2007 26 0300S 0260E 027 NE 391265
UMC391266 CACHE # 43 SAN JUAN A LODE CLAIM 2007 4/20/2007 26 0300S 0260E 027 NE 391266
UMC391267 CACHE # 44 SAN JUAN A LODE CLAIM 2007 4/20/2007 26 0300S 0260E 027 NE 391267
UMC391268 CACHE # 45 SAN JUAN A LODE CLAIM 2007 4/20/2007 26 0300S 0260E 027 NE SE 391268
UMC391269 CACHE # 46 SAN JUAN A LODE CLAIM 2007 4/20/2007 26 0300S 0260E 027 SE 391269
UMC391270 CACHE # 47 SAN JUAN A LODE CLAIM 2007 4/20/2007 26 0300S 0260E 027 SE 391270
UMC391271 CACHE # 48 SAN JUAN A LODE CLAIM 2007 4/20/2007 26 0300S 0260E 027 SE 391271
UMC391272 CACHE # 49 SAN JUAN A LODE CLAIM 2007 4/21/2007 26 0300S 0260E 027 NE 391272
UMC391273 CACHE # 50 SAN JUAN A LODE CLAIM 2007 4/21/2007 26 0300S 0260E 027 NE SE 391273
UMC385575 RAGE # 1 SAN JUAN A LODE CLAIM 2007 10/2/2006 26 0330S 0200E 033 SE 385575
UMC385576 RAGE # 2 SAN JUAN A LODE CLAIM 2007 10/2/2006 26 0330S 0200E 033 SE 385576
UMC385577 RAGE # 3 SAN JUAN A LODE CLAIM 2007 10/2/2006 26 0330S 0200E 033 SE 385577
UMC385578 RAGE # 4 SAN JUAN A LODE CLAIM 2007 10/2/2006 26 0330S 0200E 033 SE 385578
UMC385579 RAGE # 5 SAN JUAN A LODE CLAIM 2007 10/2/2006 26 0330S 0200E 033 SW SE 385579
UMC385580 RAGE # 6 SAN JUAN A LODE CLAIM 2007 10/2/2006 26 0330S 0200E 033 SW 385580
UMC385581 RAGE # 7 SAN JUAN A LODE CLAIM 2007 10/2/2006 26 0330S 0200E 033 SW 385581
UMC385582 RAGE # 8 SAN JUAN A LODE CLAIM 2007 10/2/2006 26 0330S 0200E 033 SW 385582
UMC390611 RAGE # 9 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 033 NW SW 390611
UMC390612 RAGE # 10 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 033 NW SW 390612
UMC390613 RAGE # 11 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 033 NW SW 390613
UMC390614 RAGE # 12 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 033 NW SW 390614
UMC390615 RAGE # 13 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 033 NE 390615
UMC390616 RAGE # 14 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 033 NE 390616
UMC390617 RAGE # 15 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 033 NE 390617
UMC390618 RAGE # 16 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 033 NE 390618
UMC390619 RAGE # 17 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 028 SW 390619
UMC390620 RAGE # 18 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 028 SW 390620
UMC390621 RAGE # 19 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 028 SW 390621
UMC390622 RAGE # 20 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 028 SW 390622
UMC390623 RAGE # 21 SAN JUAN A LODE CLAIM 2007 3/21/2007 26 0330S 0200E 028 SE 390623
UMC390624 RAGE # 22 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SE 390624
UMC390625 RAGE # 23 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SE 390625
UMC390626 RAGE # 24 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SE 390626
UMC390627 RAGE # 25 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SW 390627
UMC390628 RAGE # 26 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SW 390628
UMC390629 RAGE # 27 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SW 390629
UMC390630 RAGE # 28 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SW 390630
UMC390631 RAGE # 29 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SE 390631
UMC390632 RAGE # 30 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SE 390632
UMC390633 RAGE # 31 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SE 390633
UMC390634 RAGE # 32 SAN JUAN A LODE CLAIM 2007 3/26/2007 26 0330S 0200E 028 SE 390634
UMC390635 RAGE # 33 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0330S 0200E 033 SW 390635
UMC390636 RAGE # 34 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0330S 0200E 033 SW 390636
UMC390637 RAGE # 35 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0330S 0200E 033 SW 390637
UMC390638 RAGE # 36 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0330S 0200E 033 SW 390638
UMC390639 RAGE # 37 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0330S 0200E 033 SE 390639
UMC390640 RAGE # 38 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0330S 0200E 033 SE 390640
UMC390641 RAGE # 39 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0330S 0200E 033 SE 390641
UMC390642 RAGE # 40 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0330S 0200E 033 SE 390642
UMC390643 RAGE # 41 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0340S 0200E 004 NW 390643
UMC390644 RAGE # 42 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0340S 0200E 004 NW 390644
UMC390645 RAGE # 43 SAN JUAN A LODE CLAIM 2007 3/9/2007 26 0340S 0200E 004 NW 390645
UMC390646 RAGE # 44 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0340S 0200E 004 NW 390646
UMC390647 RAGE # 45 SAN JUAN A LODE CLAIM 2007 3/10/2007 26 0340S 0200E 004 NE 390647
UMC390648 RAGE # 46 SAN JUAN A LODE CLAIM 2007 3/10/2007 26 0340S 0200E 004 NE 390648
UMC390649 RAGE # 47 SAN JUAN A LODE CLAIM 2007 3/10/2007 26 0340S 0200E 004 NE 390649
UMC390650 RAGE # 48 SAN JUAN A LODE CLAIM 2007 3/10/2007 26 0340S 0200E 004 NE 390650
UMC390651 RAGE # 49 SAN JUAN A LODE CLAIM 2007 3/10/2007 26 0340S 0200E 004 NE SW 390651
UMC390652 RAGE # 50 SAN JUAN A LODE CLAIM 2007 3/10/2007 26 0340S 0200E 004 NW SW 390652
UMC390653 RAGE # 51 SAN JUAN A LODE CLAIM 2007 3/11/2007 26 0340S 0200E 004 NW SW 390653
UMC390654 RAGE # 52 SAN JUAN A LODE CLAIM 2007 3/11/2007 26 0340S 0200E 004 NW SW 390654
UMC390655 RAGE # 53 SAN JUAN A LODE CLAIM 2007 3/11/2007 26 0340S 0200E 004 NE SE 390655
UMC390656 RAGE # 54 SAN JUAN A LODE CLAIM 2007 3/11/2007 26 0340S 0200E 004 NE SE 390656
UMC390657 RAGE # 55 SAN JUAN A LODE CLAIM 2007 3/11/2007 26 0340S 0200E 004 NE SE 390657
UMC390658 RAGE # 56 SAN JUAN A LODE CLAIM 2007 3/11/2007 26 0340S 0200E 004 NE SE 390658
UMC390659 RAGE # 57 SAN JUAN A LODE CLAIM 2007 3/14/2007 26 0330S 0200E 032 SE 390659
UMC390660 RAGE # 58 SAN JUAN A LODE CLAIM 2007 3/12/2007 26 0330S 0200E 032 SE 390660
UMC390661 RAGE # 59 SAN JUAN A LODE CLAIM 2007 3/12/2007 26 0330S 0200E 032 SE 390661
UMC390662 RAGE # 60 SAN JUAN A LODE CLAIM 2007 3/12/2007 26 0330S 0200E 032 SE 390662
UMC390663 RAGE # 61 SAN JUAN A LODE CLAIM 2007 3/12/2007 26 0330S 0200E 032 SW SE 390663
UMC390664 RAGE # 62 SAN JUAN A LODE CLAIM 2007 3/12/2007 26 0330S 0200E 032 SW 390664
UMC390665 RAGE # 63 SAN JUAN A LODE CLAIM 2007 3/13/2007 26 0330S 0200E 032 SW 390665
UMC390666 RAGE # 64 SAN JUAN A LODE CLAIM 2007 3/13/2007 26 0330S 0200E 032 SW 390666
UMC390667 RAGE # 9 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0330S 0200E 033 NW SW 390667
UMC390668 RAGE # 66 SAN JUAN A LODE CLAIM 2007 3/13/2007 26 0330S 0200E 032 NW SW 390668
UMC390669 RAGE # 67 SAN JUAN A LODE CLAIM 2007 3/14/2007 26 0330S 0200E 032 NW SW 390669
UMC390670 RAGE # 68 SAN JUAN A LODE CLAIM 2007 3/14/2007 26 0330S 0200E 032 NW SW 390670
UMC390671 RAGE # 69 SAN JUAN A LODE CLAIM 2007 3/14/2007 26 0330S 0200E 032 NE SE 390671
UMC390672 RAGE # 70 SAN JUAN A LODE CLAIM 2007 3/14/2007 26 0330S 0200E 032 NE SE 390672
UMC390673 RAGE # 71 SAN JUAN A LODE CLAIM 2007 3/14/2007 26 0330S 0200E 032 NE SE 390673
UMC390674 RAGE # 72 SAN JUAN A LODE CLAIM 2007 3/11/2007 26 0330S 0200E 032 NE SE 390674
UMC390675 RAGE # 73 SAN JUAN A LODE CLAIM 2007 3/20/2007 26 0330S 0200E 032 NW 390675
UMC390676 RAGE # 74 SAN JUAN A LODE CLAIM 2007 3/20/2007 26 0330S 0200E 032 NW 390676
UMC390677 RAGE # 75 SAN JUAN A LODE CLAIM 2007 3/20/2007 26 0330S 0200E 032 NW 390677
UMC390678 RAGE # 76 SAN JUAN A LODE CLAIM 2007 3/20/2007 26 0330S 0200E 032 NE NW 390678
UMC390679 RAGE # 77 SAN JUAN A LODE CLAIM 2007 3/20/2007 26 0330S 0200E 032 NE 390679
UMC390680 RAGE # 78 SAN JUAN A LODE CLAIM 2007 3/21/2007 26 0330S 0200E 032 NE 390680
UMC390681 RAGE # 79 SAN JUAN A LODE CLAIM 2007 3/21/2007 26 0330S 0200E 032 NE 390681
UMC390682 RAGE # 80 SAN JUAN A LODE CLAIM 2007 3/21/2007 26 0330S 0200E 032 NE 390682
UMC390683 RAGE # 81 SAN JUAN A LODE CLAIM 2007 3/22/2007 26 0330S 0200E 029 SW 390683
UMC390684 RAGE # 82 SAN JUAN A LODE CLAIM 2007 3/22/2007 26 0330S 0200E 029 SW 390684
UMC390685 RAGE # 83 SAN JUAN A LODE CLAIM 2007 3/22/2007 26 0330S 0200E 032 NW 390685
UMC390686 RAGE # 84 SAN JUAN A LODE CLAIM 2007 3/22/2007 26 0330S 0200E 029 SW 390686
UMC390687 RAGE # 85 SAN JUAN A LODE CLAIM 2007 3/22/2007 26 0330S 0200E 029 SE 390687
UMC390688 RAGE # 86 SAN JUAN A LODE CLAIM 2007 3/22/2007 26 0330S 0200E 029 SE 390688
UMC390689 RAGE # 87 SAN JUAN A LODE CLAIM 2007 3/22/2007 26 0330S 0200E 029 SE 390689
UMC390690 RAGE # 88 SAN JUAN A LODE CLAIM 2007 3/22/2007 26 0330S 0200E 029 SE 390690
UMC390691 RAGE # 89 SAN JUAN A LODE CLAIM 2007 3/23/2007 26 0340S 0200E 005 NE 390691
UMC390692 RAGE # 90 SAN JUAN A LODE CLAIM 2007 3/23/2007 26 0340S 0200E 005 NE 390692
UMC390693 RAGE # 91 SAN JUAN A LODE CLAIM 2007 3/23/2007 26 0340S 0200E 005 NE 390693
UMC390694 RAGE # 92 SAN JUAN A LODE CLAIM 2007 3/23/2007 26 0340S 0200E 005 NE 390694
UMC390695 RAGE # 93 SAN JUAN A LODE CLAIM 2007 3/23/2007 26 0340S 0200E 005 NE NW 390695
UMC390696 RAGE # 94 SAN JUAN A LODE CLAIM 2007 3/23/2007 26 0340S 0200E 005 NW 390696
UMC390697 RAGE # 95 SAN JUAN A LODE CLAIM 2007 3/23/2007 26 0340S 0200E 005 NW 390697
UMC390698 RAGE # 96 SAN JUAN A LODE CLAIM 2007 3/23/2007 26 0340S 0200E 005 NW 390698
UMC390699 RAGE # 97 SAN JUAN A LODE CLAIM 2007 3/23/2007 26 0340S 0200E 005 NE SE 390699
UMC390700 RAGE # 98 SAN JUAN A LODE CLAIM 2007 3/23/2007 26 0340S 0200E 005 NE SE 390700
UMC390701 RAGE # 99 SAN JUAN A LODE CLAIM 2007 3/24/2007 26 0340S 0200E 005 NE SE 390701
UMC390702 RAGE # 100 SAN JUAN A LODE CLAIM 2007 3/25/2007 26 0340S 0200E 005 NE SE 390702
UMC393463 ROCKIE # 1 SAN JUAN A LODE CLAIM 2007 5/15/2007 26 0300S 0260E 028 NW 393463
UMC393464 ROCKIE # 2 SAN JUAN A LODE CLAIM 2007 5/15/2007 26 0300S 0260E 028 NW 393464
UMC393465 ROCKIE # 3 SAN JUAN A LODE CLAIM 2007 5/15/2007 26 0300S 0260E 028 NW 393465
UMC393466 ROCKIE # 4 SAN JUAN A LODE CLAIM 2007 5/15/2007 26 0300S 0260E 028 NW 393466
UMC393467 ROCKIE # 5 SAN JUAN A LODE CLAIM 2007 5/15/2007 26 0300S 0260E 028 NW SW 393467
UMC393468 ROCKIE # 6 SAN JUAN A LODE CLAIM 2007 5/15/2007 26 0300S 0260E 028 SW 393468
UMC393469 ROCKIE # 7 SAN JUAN A LODE CLAIM 2007 5/15/2007 26 0300S 0260E 028 SW 393469
UMC393470 ROCKIE # 8 SAN JUAN A LODE CLAIM 2007 5/15/2007 26 0300S 0260E 028 SW 393470
UMC393471 ROCKIE # 9 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 SE 393471
UMC393472 ROCKIE # 10 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 SE 393472
UMC393473 ROCKIE # 11 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 SE 393473
UMC393474 ROCKIE # 12 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 NE SE 393474
UMC393475 ROCKIE # 13 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 NE 393475
UMC393476 ROCKIE # 14 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 NE 393476
UMC393477 ROCKIE # 15 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 NE 393477
UMC393478 ROCKIE # 16 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 NE 393478
UMC393479 ROCKIE # 17 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 NE NW 393479
UMC393480 ROCKIE # 18 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 NE NW 393480
UMC393481 ROCKIE # 19 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 NE NW 393481
UMC393482 ROCKIE # 20 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 NE NW 393482
UMC393483 ROCKIE # 21 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 NE NW SW SE 393483
UMC393484 ROCKIE # 22 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 SW SE 393484
UMC393485 ROCKIE # 23 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 SW SE 393485
UMC393486 ROCKIE # 24 SAN JUAN A LODE CLAIM 2007 5/16/2007 26 0300S 0260E 029 SW SE 393486
UMC393487 ROCKIE # 25 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 029 SW 393487
UMC393488 ROCKIE # 26 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 029 SW 393488
UMC393489 ROCKIE # 27 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 029 SW 393489
UMC393490 ROCKIE # 28 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 029 NW SW 393490
UMC393491 ROCKIE # 29 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 029 NW 393491
UMC393492 ROCKIE # 30 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 029 NW 393492
UMC393493 ROCKIE # 31 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 029 NW 393493
UMC393494 ROCKIE # 32 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 029 NW 393494
UMC393495 ROCKIE # 33 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 020 SW 393495
UMC393496 ROCKIE # 34 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 020 SE 393496
UMC393497 ROCKIE # 35 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 020 SE 393497
UMC393498 ROCKIE # 36 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 020 SE 393498
UMC393499 ROCKIE # 37 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 020 NW SW 393499
UMC393500 ROCKIE # 38 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 020 NW 393500
UMC393501 ROCKIE # 39 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 020 NW 393501
UMC393502 ROCKIE # 40 SAN JUAN A LODE CLAIM 2007 5/17/2007 26 0300S 0260E 020 NW 393502
UMC393503 ROCKIE # 41 SAN JUAN A LODE CLAIM 2007 5/18/2007 26 0300S 0260E 020 NE NW 393503
UMC393504 ROCKIE # 42 SAN JUAN A LODE CLAIM 2007 5/18/2007 26 0300S 0260E 020 NE NW 393504
UMC393505 ROCKIE # 43 SAN JUAN A LODE CLAIM 2007 5/18/2007 26 0300S 0260E 020 NE NW 393505
UMC393506 ROCKIE # 44 SAN JUAN A LODE CLAIM 2007 5/18/2007 26 0300S 0260E 020 SW SE 393506
UMC393507 ROCKIE # 45 SAN JUAN A LODE CLAIM 2007 5/18/2007 26 0300S 0260E 020 SW SE 393507
UMC393508 ROCKIE # 46 SAN JUAN A LODE CLAIM 2007 5/18/2007 26 0300S 0260E 020 SW SE 393508
UMC393509 ROCKIE # 47 SAN JUAN A LODE CLAIM 2007 5/18/2007 26 0300S 0260E 020 SW SE 393509
UMC393510 ROCKIE # 48 SAN JUAN A LODE CLAIM 2007 5/18/2007 26 0300S 0260E 020 SW SE 393510
UMC393511 ROCKIE # 49 SAN JUAN A LODE CLAIM 2007 5/18/2007 26 0300S 0260E 020 SE 393511
UMC393512 ROCKIE # 50 SAN JUAN A LODE CLAIM 2007 5/18/2007 26 0300S 0260E 020 SE 393512
Bri,
Nice call, you look to be right on. I only wish you had predicted that we would be in the pennies that way we could all be rich!!
Have a great weekend!
-faz
Yeah, that whole "Rage Claim area threw me off big time when I went back to see which claims correspond to which PR. I think since the rockie and cache claims are only 30 miles or so from the rage claim, this may be close enough to say "Rage Claim area" bu I would think he would go with "PayDay claim area" and then try to tie the claim potential to the resource estimate from the 54 PayDay claims.
I am not saying that Berman has done anything wrong, it is just some funky PRs that he has put out when you go back and try to connect the dots. It does not change the fact that we have 322 mining claims, 1 approved permit, 2 more permits on the way, NI 43-101 reports due in Q4 and active pursuit of drilling equipment.
I think that the numbers seem to be reasonable however. If the entire cost of the PayDay claims is the $87600 and from the quit claims you said 10k+1,666,666 shares, that would put the PPS at around .04 a share with the allowance of some fees and so forth. My first entry in this stock was back in August 2006 when the company was still RSLI. I bought some shares at .0165 and I know they went back up to .03 range for a while before the 5 to 1 forward split. He very easily could have given up the shares at that range.
Another way to look at it is $87600/54= $1622 per claim which seems fairly reasonable compared to the others since they already had some value associated with them from the historical records.
Monday January 29, 9:30 am ET
HOUSTON--(BUSINESS WIRE)--Russell Industries, Inc. (RSDS.PK) reports the following update regarding its proven and probable reserves. When extrapolating the preliminary report from Edge Consulting in December 2006 and information obtained by the Atomic Energy Commission dating back to February and June 1955 the geo-statistical estimation of reserves with underground mining, estimated reserves from the Russell Industries 54 claim group would be 2 - 20 million pounds of Uranium (U308) with an average grade of .27% and a cutoff of .10%. An additional benefit of this area is the high content of Vanadium within the ore. Based on historical records, shipping records and samples, the average Vanadium content is 2 - 3%.
The current market price for Uranium is $71.00 per pound and $20.00 for Vanadium. The extrapolation of these parameters indicates the range of ore in the claims to have a value range in excess of $38,340,000. The Company is being encouraged to further testing which will require costly extensive mining, sampling and testing. "We are encouraged with the preliminary reports and will evaluate our options over the next 90 days," Rick Berman, President.
From the way I am looking at the investment for the claims (which is from a point of view with relatively no experience in the area of purchasing claims), the amount of money spent does not seem to be too unreasonable. I am fairly happy that we now have a total figure for how much money we have spent on the acquisition of claims.
Anyway, I am going to hike around Mt Evans in Colorado for the day. I will give some more time to all of this when I return or maybe tomorrow.
Have a great weekend all!
-faz
I had a look at the 2006 annual statment from the documents on pinksheets.com. I found that Berman invested $87,617.49 USD on the 54 PayDay claims (Notice the line indicates the the East Canyon mining claims).
Now, between Jan 1, 2007 and the end of the period on March 31, 2007 we acquired the 8 rage claims + 40 others (unaccounted for from the PRs I have) to bring us to a total of 102 claims. The total investment in mining claims as of March 31st was $132,127.49
So that would be a total of $44,510 USD ($132,127.49-$87,617.49) for those 48 claims (Yet it still indicates the East Canyon mining claims).
The final 152 claims:
26 (Apr 03)
26 (Apr 10)
50 (Apr 19)
50 (May 02)
were picked up for a total of $117,516 USD ($249,644 - $132,127.49)
I am not sure where you got your numbers for the money and shares, I am sure it is somewhere on ihub, I am just too tired to look it up. The PR's I used to determine when claims were purchased are below:
Russell Industries Finalizes Mining Acquisition.
From: Business Wire | Date: 10/9/2006
HOUSTON -- Russell Industries, Inc. (PINK SHEETS:RSDI) announces that it has finalized its acquisition of 54 mine claims located in San Juan County, Monticello, Utah from U.S. Minerals, LLC, (Mesa, AZ).
HOUSTON, TX, Mar 26, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has agreed to acquire 8 Uranium mine claims, known as the "Rage Mining Claims" in San Juan County, Utah
HOUSTON, TX, Apr 03, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has staked and filed with the Bureau of Land Management 26 additional Uranium mine claims in Utah.
HOUSTON, Apr 10, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired another 26 Uranium Mine Claims in San Juan County, UT. The acquisition of these claims raises the current total of San Juan County Uranium Claims to 154.
HOUSTON, TX, Apr 19, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has acquired an additional 50 Uranium mining claims. The claims are located in the "Rage Claim" area of San Juan County Utah.
HOUSTON, May 02, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has acquired an additional 50 Uranium Mine Claims in San Juan County, UT. The claims are located in close proximity to the Company's other Rage Claims
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I could not find PRs that account for the 40 claims that would make 254 owned by RSDS. (54+8+26+26+50+50=214)
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This is the accounting for the investment that I come up with. I am not sure if it adds up to the amount of money and shares that were paid for each. I wish I had some more time to look into this, but I am crazy tired and want to go to bed. Guess this is a potential starting point.
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Also interesting from the statements on June 1st and the June 30th:
1,718,025,996 as of June 1st, 2007
1,797,025,996 as of June 30th, 2007
From the PR on the 24th of May, the 504 was completed.
HOUSTON, May 24, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (PINK SHEETS:RSDS) announces that its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission will be concluded on June 1, 2007.
So where did these shares come from? Maybe the payment for acquisition of AUMN and their claims. That is 79 million shares of stock. (PPS at that time was around .001 so that is $79,000 in stock value at the time.)
HOUSTON, TX, Jun 18, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired American Uranium Mining Company ("AUMC"). AUMC owns 68 Uranium Mining Claims located in the Brigerjack section, San Juan County, Utah. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County,"
Anyway, now I am waaaayyyyyy too tired...time for sleep.
-faz
I had a look at the 2006 annual statment from the documents on pinksheets.com. I found that Berman invested $87,617.49 USD on the 54 PayDay claims (Notice the line indicates the the East Canyon mining claims).
Now, between Jan 1, 2007 and the end of the period on March 31, 2007 we acquired the 8 rage claims + 40 others (unaccounted for from the PRs I have) to bring us to a total of 102 claims. The total investment in mining claims as of March 31st was $132,127.49
So that would be a total of $44,510 USD ($132,127.49-$87,617.49) for those 48 claims (Yet it still indicates the East Canyon mining claims).
The final 152 claims:
26 (Apr 03)
26 (Apr 10)
50 (Apr 19)
50 (May 02)
were picked up for a total of $117,516 USD ($249,644 - $132,127.49)
I am not sure where you got your numbers for the money and shares, I am sure it is somewhere on ihub, I am just too tired to look it up. The PR's I used to determine when claims were purchased are below:
Russell Industries Finalizes Mining Acquisition.
From: Business Wire | Date: 10/9/2006
HOUSTON -- Russell Industries, Inc. (PINK SHEETS:RSDI) announces that it has finalized its acquisition of 54 mine claims located in San Juan County, Monticello, Utah from U.S. Minerals, LLC, (Mesa, AZ).
HOUSTON, TX, Mar 26, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has agreed to acquire 8 Uranium mine claims, known as the "Rage Mining Claims" in San Juan County, Utah
HOUSTON, TX, Apr 03, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has staked and filed with the Bureau of Land Management 26 additional Uranium mine claims in Utah.
HOUSTON, Apr 10, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired another 26 Uranium Mine Claims in San Juan County, UT. The acquisition of these claims raises the current total of San Juan County Uranium Claims to 154.
HOUSTON, TX, Apr 19, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has acquired an additional 50 Uranium mining claims. The claims are located in the "Rage Claim" area of San Juan County Utah.
HOUSTON, May 02, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (Pink Sheets:RSDS) announces that it has acquired an additional 50 Uranium Mine Claims in San Juan County, UT. The claims are located in close proximity to the Company's other Rage Claims
----------
I could not find PRs that account for the 40 claims that would make 254 owned by RSDS. (54+8+26+26+50+50=214)
----------
This is the accounting for the investment that I come up with. I am not sure if it adds up to the amount of money and shares that were paid for each. I wish I had some more time to look into this, but I am crazy tired and want to go to bed. Guess this is a potential starting point.
----------
Also interesting from the statements on June 1st and the June 30th:
1,718,025,996 as of June 1st, 2007
1,797,025,996 as of June 30th, 2007
From the PR on the 24th of May, the 504 was completed.
HOUSTON, May 24, 2007 (BUSINESS WIRE) -- Russell Industries, Inc. (PINK SHEETS:RSDS) announces that its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission will be concluded on June 1, 2007.
So where did these shares come from? Maybe the payment for acquisition of AUMN and their claims. That is 79 million shares of stock. (PPS at that time was around .001 so that is $79,000 in stock value at the time.)
HOUSTON, TX, Jun 18, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) announces that it has acquired American Uranium Mining Company ("AUMC"). AUMC owns 68 Uranium Mining Claims located in the Brigerjack section, San Juan County, Utah. "This acquisition is synergistic with Russell Industries focus on the Uranium market and will increase our holding company's assets to 322 Uranium mining claims which will now encompass 6,440 acres in San Juan County,"
Anyway, now I am waaaayyyyyy too tired...time for sleep.
-faz
Short term, I feel hippie is right. We should see this head up to the .0009 to .0011 range and hang out there for a while. After that, depends on what happens. NI 43-101 and drilling news...sky is the limit baby!
-faz
Ironman,
I would like to take some exception to the fact that Berman has lacked in the area of posting "NEWS". Below is the list of the last month and a half of PRs:
Aug 1, 2007 Trophy Resources' JV Partnership Receives Exploratory Mining Permit for Uranium Property
Jul 25, 2007 Russell Industries: Permit received
Jul 25, 2007 Trophy Resources Proceeds With Acquisition of Uranium Claims
Jul 17, 2007 Russell Industries: -RUSSELL INDUSTRIES: CORRECTION FOR APPROVAL DATE
Jul 16, 2007 Russell Industries: Russell Industries (RSDS.PK): exploration permit update
Jul 5, 2007 Russell Industries: -American Uranium Mining Company (AUMN.PK): New Symbol and Reverse Split
Jul 5, 2007 Russell Industries: -Russell Industries: American Uranium Mining Company (AUMN.PK) New Symbol and Reverse Split
Jun 28, 2007 Trophy Resources Announces Joint Venture in Uranium and O&G
Jun 19, 2007 StockProfiler.US: Mining Companies To Watch
Jun 19, 2007 Trophy Resources Announces Strategic Uranium Alliance
Some good info for RSDS and AUMN.
Info on AUMN claims in San Juan County, Utah.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21923428
Quarterly Report released by Berman for RSDS.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21949698
Monday, August 13th is supposed to be the announcement of the approval for 2 more claim sets.
-faz
Not that I can find. All I see is the info posted here:
http://www.hiphoppalace.com/
-faz
THE 5TH ANNUAL UNDERGROUND MUSIC AWARDS!!!!
LIVE AT BB KINGS IN TIMES SQUARE, NYC ON 08/12/07
Let's go Big Lou!!
-faz
Cheers for that. I will be trying the e-water and a few of the juices.
Thanks to one and all for the feedback!!!
Yep. I am trying to think if the salaries for the 2 independent geologists goes under exploration or under General & Admin. Would their salaries fall under G&A via standard payroll or should they fall under a service that should be under Exploration. I have no idea. When I think exploration I am thinking rigs, drilling, and other equipment.
-faz