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LDPH IHGR SRSR IPHE watching for breakouts
IHGR 10Q out looks very good here
The Company's revenue for the six month ended June 30, 2007 increased to approximately $2,261,777 from $1,226,550 for the six month period ended June 30, 2006 due to the acquisition of UTSI International, Inc.
IHGR NEWS!
The Company's revenue for the six month ended June 30, 2007 increased to approximately $2,261,777 from $1,226,550 for the six month period ended June 30, 2006 due to the acquisition of UTSI International, Inc.
IHGR 10Q news out !
The Company's revenue for the six month ended June 30, 2007 increased to approximately $2,261,777 from $1,226,550 for the six month period ended June 30, 2006 due to the acquisition of UTSI International, Inc. Look at the chart also for prominent tweezer last 2 days
Care to share the tip? Or is it an unfounded rumor. Anyway this very low floater is .11x.15 could go from here.
LDPH low float .11x.15 could go here
What a joke goes to .03 and back down to .02 in 15min? Like the myth of sisyphus rolling the boulder up the mountain then it comes tumbling back down..... at least we had a moment of hope ... should be very active until some definitive news....
I meant VFIN mm correction off the ask for the time being.
Baffling the bids were stacked and a nice start for the day at .0004 and nothing since. Hard to figure. Maybe she's getting ready to breakout ...we shall see
Looks like VIPM off the ask for the time being... a little volume and this one can take off to higher ground.
Countrywide aquisitions of part of HMBN or even the mention in a press release could spur massive buying imo. As far as we know there are deals going on this weekend so I'm optimistic for the next few weeks and looking to the fed to ease up interest rates in september possibly:
HomeBanc also announced that it has reached agreement with Countrywide Financial Corporation (NYSE: CFC) whereby Countrywide will acquire certain assets related to HomeBanc's retail loan origination operations, including up to five branches located in Georgia, Florida and North Carolina, and will assume the leases related to those branches. In addition, Countrywide expects to make offers of employment to substantially all of HomeBanc's retail loan originators. Countrywide will pay no cash premium in this transaction and will not acquire any other assets or assume any other liabilities related to HomeBanc. This transaction, which is subject to certain conditions, is expected to close by August 10, 2007.
MTPW NEWS just out!
MetaPower International, Inc. Receives Additional Purchase Order for $334,000 From Major Oil Sands Energy Company
Aug 9, 2007 8:31:00 AM
2007 PrimeNewswire, Inc.
LAS VEGAS, Aug. 9, 2007 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) is pleased to announce that the Company's subsidiary, MetaPower Canada, has received a purchase order for $350,000 Canadian to lead a Production Reliability Improvement Project for an energy company's Oil Sands operation in Northern Alberta. The purchase order is valued at $334,000 U.S. at current exchange rates.
MetaPower will lead the effort to analyze the company's oil refinery production problems and determine actions to reduce or eliminate them. These production problems cost the companies operating on the oil sands hundreds of millions of dollars annually. For example, one refinery was unable to produce approximately $300 million in oil due to equipment failures that shut down part of the refinery.
Currently, MetaPower Canada has signed purchase orders with a combined value of $3.7 million U.S. with a major Canadian Oil Sands company. MetaPower Canada continues to provided Project Management and Management Staffing support for oil extraction facilities in the Oil Sands region of Northern Alberta. The Management and Staffing Support scope is valued at $2.2 million U.S. and provides Management and Maintenance Planning Staff for the company's Oil Sands refinery. The Project Management portion scope is valued at $1.5 million U.S.
"This is an important scope of work for this client. The reliability of these facilities represents hundreds of millions of dollars to this company and this is a first step in addressing what has been a very expensive problem. MetaPower will be leading a team of company personnel and outside experts to examine a portion of the plant to determine what can be done to improve reliability. If this first research analysis project is successful, we expect to examine other areas of the plant that have reliability issues," stated Ken Allen, President of MetaPower International, Inc.
MTPW NEWS
MetaPower International, Inc. Receives Additional Purchase Order for $334,000 From Major Oil Sands Energy Company
Aug 9, 2007 8:31:00 AM
2007 PrimeNewswire, Inc.
LAS VEGAS, Aug. 9, 2007 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) is pleased to announce that the Company's subsidiary, MetaPower Canada, has received a purchase order for $350,000 Canadian to lead a Production Reliability Improvement Project for an energy company's Oil Sands operation in Northern Alberta. The purchase order is valued at $334,000 U.S. at current exchange rates.
MetaPower will lead the effort to analyze the company's oil refinery production problems and determine actions to reduce or eliminate them. These production problems cost the companies operating on the oil sands hundreds of millions of dollars annually. For example, one refinery was unable to produce approximately $300 million in oil due to equipment failures that shut down part of the refinery.
Currently, MetaPower Canada has signed purchase orders with a combined value of $3.7 million U.S. with a major Canadian Oil Sands company. MetaPower Canada continues to provided Project Management and Management Staffing support for oil extraction facilities in the Oil Sands region of Northern Alberta. The Management and Staffing Support scope is valued at $2.2 million U.S. and provides Management and Maintenance Planning Staff for the company's Oil Sands refinery. The Project Management portion scope is valued at $1.5 million U.S.
"This is an important scope of work for this client. The reliability of these facilities represents hundreds of millions of dollars to this company and this is a first step in addressing what has been a very expensive problem. MetaPower will be leading a team of company personnel and outside experts to examine a portion of the plant to determine what can be done to improve reliability. If this first research analysis project is successful, we expect to examine other areas of the plant that have reliability issues," stated Ken Allen, President of MetaPower International, Inc.
MTPW news!
MetaPower International, Inc. Receives Additional Purchase Order for $334,000 From Major Oil Sands Energy Company
Aug 9, 2007 8:31:00 AM
2007 PrimeNewswire, Inc.
LAS VEGAS, Aug. 9, 2007 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) is pleased to announce that the Company's subsidiary, MetaPower Canada, has received a purchase order for $350,000 Canadian to lead a Production Reliability Improvement Project for an energy company's Oil Sands operation in Northern Alberta. The purchase order is valued at $334,000 U.S. at current exchange rates.
MetaPower will lead the effort to analyze the company's oil refinery production problems and determine actions to reduce or eliminate them. These production problems cost the companies operating on the oil sands hundreds of millions of dollars annually. For example, one refinery was unable to produce approximately $300 million in oil due to equipment failures that shut down part of the refinery.
Currently, MetaPower Canada has signed purchase orders with a combined value of $3.7 million U.S. with a major Canadian Oil Sands company. MetaPower Canada continues to provided Project Management and Management Staffing support for oil extraction facilities in the Oil Sands region of Northern Alberta. The Management and Staffing Support scope is valued at $2.2 million U.S. and provides Management and Maintenance Planning Staff for the company's Oil Sands refinery. The Project Management portion scope is valued at $1.5 million U.S.
"This is an important scope of work for this client. The reliability of these facilities represents hundreds of millions of dollars to this company and this is a first step in addressing what has been a very expensive problem. MetaPower will be leading a team of company personnel and outside experts to examine a portion of the plant to determine what can be done to improve reliability. If this first research analysis project is successful, we expect to examine other areas of the plant that have reliability issues," stated Ken Allen, President of MetaPower International, Inc.
Look at PEDG potential how many times it has run to .01+ . Buy the silence has worked in the past let's see if PEDG has another run in it... Once VFIN leaves she will be good to go. good luck
Great news this am and it doesn't move after the original bounce off lows. HDSN back on the ask. Used to be a stock would have a 3 day run then settle down... now with good news it's like 20 minutes...must be summer. I still think MTPW has more left mostly stuckholders dumped at the run. Waiting for the next leg.
MTPW news big
LAS VEGAS, Aug. 7, 2007 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) announced today that the Company's wholly-owned subsidiary, MetaPower, Inc., has been notified by the U.S. Patent Office that the remaining 16 claims of its original UCoDA patent application have been accepted. MetaPower has filed the appropriate application so the patent can be issued.
"MetaPower originally filed a U.S. patent application for the UCoDA technology on June 25, 2001. The "UCoDA" patent contained 38 unique claims for the UCoDA data architecture. The data architecture is based on a distinct set of business process objects that facilitate process oriented computer applications. We were awarded 22 of the original 38 claims in the application in Patent # 6,768,984. This most recent notification indicates that the patent examiner has recognized the uniqueness of our approach and is prepared to grant us the patent," stated John Prouty, Vice President
MTPW
LAS VEGAS, Aug. 7, 2007 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) announced today that the Company's wholly-owned subsidiary, MetaPower, Inc., has been notified by the U.S. Patent Office that the remaining 16 claims of its original UCoDA patent application have been accepted. MetaPower has filed the appropriate application so the patent can be issued.
"MetaPower originally filed a U.S. patent application for the UCoDA technology on June 25, 2001. The "UCoDA" patent contained 38 unique claims for the UCoDA data architecture. The data architecture is based on a distinct set of business process objects that facilitate process oriented computer applications. We were awarded 22 of the original 38 claims in the application in Patent # 6,768,984. This most recent notification indicates that the patent examiner has recognized the uniqueness of our approach and is prepared to grant us the patent," stated John Prouty, Vice President
MTPW huge news
LAS VEGAS, Aug. 7, 2007 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) announced today that the Company's wholly-owned subsidiary, MetaPower, Inc., has been notified by the U.S. Patent Office that the remaining 16 claims of its original UCoDA patent application have been accepted. MetaPower has filed the appropriate application so the patent can be issued.
"MetaPower originally filed a U.S. patent application for the UCoDA technology on June 25, 2001. The "UCoDA" patent contained 38 unique claims for the UCoDA data architecture. The data architecture is based on a distinct set of business process objects that facilitate process oriented computer applications. We were awarded 22 of the original 38 claims in the application in Patent # 6,768,984. This most recent notification indicates that the patent examiner has recognized the uniqueness of our approach and is prepared to grant us the patent," stated John Prouty, Vice President
PEDG ready for breakout! Check your charts and watch for VFIN off the ask
PEDG looks to go here like it did on the charts to .01. Getting volume and VFIN off ask
PBLS going for .03 today looks like with news pending today and tomorrow.
PBLS is now #3 on best boards and most read boards! We have the attention of the small cap investment community now all we need is for the company to deliver on their pr's this week and good numbers and this one could really achieve the potential that is inherent in their projections.
PBLS news out huge!
Phoenix Associates Announces Acquisition, Additions to Staff and Major Contract
Company Adding Rock Concrete, LLC to Its Aggregate Division; Vince Promuto and Mike O'Riley Join Executive Staff; KOMEX Export-Import Contracts for 30 Million Metric Tons of Blended Aggregate Products
Aug 3, 2007 10:35:00 AM
MADISONVILLE, LA -- (MARKET WIRE) -- 08/03/07 -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced a number of significant developments related to its Aggregate Division, including the addition of Rock Concrete, the addition of Vince Promuto and Mike O'Riley to staff positions, and a major contract with KOMEX Import-Export for 30 million metric tons of Blended Aggregate Products.
Paul Alonzo, President & CEO of Phoenix, stated, "We are adding Rock Concrete, LLC, an international wholesaler of all types of aggregate products, to our Aggregate Division. Rock Concrete is being converted from an LLC to a Nevada corporation, and will be headquartered in Madisonville, Louisiana."
Mr. Alonzo added, "I am pleased to announce the additions of Vincent Promuto and Mike O'Riley to key staff positions within our Aggregate Division. Vince has joined our Company as Director of Acquisitions for mining and aggregate related equipment worldwide, while Mike O'Riley has assumed the position of Executive Vice President of International Operations."
Mr. Promuto's background is wide and impressive. Vince played professional football for the Washington Redskins for 11 years and was a Pro Bowl Selection two times during his pro career. After his professional football career, Vince held the position of Director of Public Affairs for the U.S. Drug Enforcement Agency and served as a special U.S. attorney in Washington, DC and New York. Vince had large investments in the waste management business in New York and now has interests in trucking and mining in the Northeastern United States.
Mr. O'Riley has a mining engineering degree and has worked in the mining business all around the globe. Mr. O'Riley comes from a background of five generations of mining expertise.
Mr. Alonzo commented further, "It is with the greatest of pleasure that we want our shareholders to know that because of our partnering in the aggregate business, Phoenix has received a purchase contract for Blended Aggregate Products from KOMEX Export-Import, a major export-import company headquartered in Poland, with offices in Canada, Switzerland, United Arab Emirates, and the United States. KOMEX is a worldwide user of blended aggregate products."
This initial KOMEX contract is for 30 million metric tons of blended aggregate products at $44/metric ton at the Company's production site in the USA. The delivery schedule as per the contract calls for a minimum of 500,000 metric tons per month for 60 months. These products are for delivery to Poland. This contract calls for a renewal for up to ten years.
KOMEX will post a three percent (3%) cash performance bond up front with Phoenix.
The method of payment to Phoenix under this contract is by irrevocable, revolving documentary letter of credit, confirmed by a world-class top 25 western European or American Bank, payable 100% at sight, against agreed shipping documents.
Phoenix indicated that additional contracts are currently being negotiated for the Aggregate Division, and that the Company is quickly expanding to an international level in oil and gas, and aviation as well. Many informative news releases will continue to be forthcoming so as to keep our valued shareholders informed
PBLS huge potential here:
Phoenix Associates Announces Acquisition, Additions to Staff and Major Contract
Company Adding Rock Concrete, LLC to Its Aggregate Division; Vince Promuto and Mike O'Riley Join Executive Staff; KOMEX Export-Import Contracts for 30 Million Metric Tons of Blended Aggregate Products
Aug 3, 2007 10:35:00 AM
MADISONVILLE, LA -- (MARKET WIRE) -- 08/03/07 -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced a number of significant developments related to its Aggregate Division, including the addition of Rock Concrete, the addition of Vince Promuto and Mike O'Riley to staff positions, and a major contract with KOMEX Import-Export for 30 million metric tons of Blended Aggregate Products.
Paul Alonzo, President & CEO of Phoenix, stated, "We are adding Rock Concrete, LLC, an international wholesaler of all types of aggregate products, to our Aggregate Division. Rock Concrete is being converted from an LLC to a Nevada corporation, and will be headquartered in Madisonville, Louisiana."
Mr. Alonzo added, "I am pleased to announce the additions of Vincent Promuto and Mike O'Riley to key staff positions within our Aggregate Division. Vince has joined our Company as Director of Acquisitions for mining and aggregate related equipment worldwide, while Mike O'Riley has assumed the position of Executive Vice President of International Operations."
Mr. Promuto's background is wide and impressive. Vince played professional football for the Washington Redskins for 11 years and was a Pro Bowl Selection two times during his pro career. After his professional football career, Vince held the position of Director of Public Affairs for the U.S. Drug Enforcement Agency and served as a special U.S. attorney in Washington, DC and New York. Vince had large investments in the waste management business in New York and now has interests in trucking and mining in the Northeastern United States.
Mr. O'Riley has a mining engineering degree and has worked in the mining business all around the globe. Mr. O'Riley comes from a background of five generations of mining expertise.
Mr. Alonzo commented further, "It is with the greatest of pleasure that we want our shareholders to know that because of our partnering in the aggregate business, Phoenix has received a purchase contract for Blended Aggregate Products from KOMEX Export-Import, a major export-import company headquartered in Poland, with offices in Canada, Switzerland, United Arab Emirates, and the United States. KOMEX is a worldwide user of blended aggregate products."
This initial KOMEX contract is for 30 million metric tons of blended aggregate products at $44/metric ton at the Company's production site in the USA. The delivery schedule as per the contract calls for a minimum of 500,000 metric tons per month for 60 months. These products are for delivery to Poland. This contract calls for a renewal for up to ten years.
KOMEX will post a three percent (3%) cash performance bond up front with Phoenix.
The method of payment to Phoenix under this contract is by irrevocable, revolving documentary letter of credit, confirmed by a world-class top 25 western European or American Bank, payable 100% at sight, against agreed shipping documents.
Phoenix indicated that additional contracts are currently being negotiated for the Aggregate Division, and that the Company is quickly expanding to an international level in oil and gas, and aviation as well. Many informative news releases will continue to be forthcoming so as to keep our valued shareholders informed
PBLS huge news
Phoenix Associates Announces Acquisition, Additions to Staff and Major Contract
Company Adding Rock Concrete, LLC to Its Aggregate Division; Vince Promuto and Mike O'Riley Join Executive Staff; KOMEX Export-Import Contracts for 30 Million Metric Tons of Blended Aggregate Products
Aug 3, 2007 10:35:00 AM
MADISONVILLE, LA -- (MARKET WIRE) -- 08/03/07 -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced a number of significant developments related to its Aggregate Division, including the addition of Rock Concrete, the addition of Vince Promuto and Mike O'Riley to staff positions, and a major contract with KOMEX Import-Export for 30 million metric tons of Blended Aggregate Products.
Paul Alonzo, President & CEO of Phoenix, stated, "We are adding Rock Concrete, LLC, an international wholesaler of all types of aggregate products, to our Aggregate Division. Rock Concrete is being converted from an LLC to a Nevada corporation, and will be headquartered in Madisonville, Louisiana."
Mr. Alonzo added, "I am pleased to announce the additions of Vincent Promuto and Mike O'Riley to key staff positions within our Aggregate Division. Vince has joined our Company as Director of Acquisitions for mining and aggregate related equipment worldwide, while Mike O'Riley has assumed the position of Executive Vice President of International Operations."
Mr. Promuto's background is wide and impressive. Vince played professional football for the Washington Redskins for 11 years and was a Pro Bowl Selection two times during his pro career. After his professional football career, Vince held the position of Director of Public Affairs for the U.S. Drug Enforcement Agency and served as a special U.S. attorney in Washington, DC and New York. Vince had large investments in the waste management business in New York and now has interests in trucking and mining in the Northeastern United States.
Mr. O'Riley has a mining engineering degree and has worked in the mining business all around the globe. Mr. O'Riley comes from a background of five generations of mining expertise.
Mr. Alonzo commented further, "It is with the greatest of pleasure that we want our shareholders to know that because of our partnering in the aggregate business, Phoenix has received a purchase contract for Blended Aggregate Products from KOMEX Export-Import, a major export-import company headquartered in Poland, with offices in Canada, Switzerland, United Arab Emirates, and the United States. KOMEX is a worldwide user of blended aggregate products."
This initial KOMEX contract is for 30 million metric tons of blended aggregate products at $44/metric ton at the Company's production site in the USA. The delivery schedule as per the contract calls for a minimum of 500,000 metric tons per month for 60 months. These products are for delivery to Poland. This contract calls for a renewal for up to ten years.
KOMEX will post a three percent (3%) cash performance bond up front with Phoenix.
The method of payment to Phoenix under this contract is by irrevocable, revolving documentary letter of credit, confirmed by a world-class top 25 western European or American Bank, payable 100% at sight, against agreed shipping documents.
Phoenix indicated that additional contracts are currently being negotiated for the Aggregate Division, and that the Company is quickly expanding to an international level in oil and gas, and aviation as well. Many informative news releases will continue to be forthcoming so as to keep our valued shareholders informed
I think mm VFIN about out of shares and this one could easily start an upward climb as it has numerous times in the past. B/A right now .0025x.0035 and last .002 tried buying at ask late yesterday @ .003 and no fills which makes me think there are very few shares available . Maybe an early shake to get cheap shares then up from here.
EGDI looks to continue today with great news from yesterday on merger news. It actually closed .0034 even though the ask was .003 when there was a buy above ask. Someone wants in even at higher. Should be interesting today .
EGDI chart says bounce
Apparently they don't have a lot of shares so any volume here should bring it back up to the .003 level. One poster had an order in yesterday @.0018 and couldn't get the whole order filled. should be interesting
EGDI news
NOte the bottom paragraph link with MS
MISSISSAUGA, Ontario, July 31, 2007 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Glenn Wilkins, an AllPennyStocks.com News Reporter, this one discussing Elgrande International, Inc. (OTCBB:EGDI), its industry and future prospects.
Our homes are our castles, our fortresses, our bulwarks against the pressures and heartbreaks of the outside world. Properly taken care of, they can be worlds unto themselves -- providing us with security, entertainment, serenity and comfort.
A creator of these worlds is Elgrande International (OTCBB:EGDI), a holding company for organizations such as Intelligent Living Corporation (ILC). Headquartered in Vancouver, British Columbia and Anthem, Arizona, ILC specializes in designing, supplying, installing, upgrading and servicing home automation and commercial presentation center solutions. These include wiring for lighting and remote controls on the TV sets and security and access control systems, home theatre packages and climate control.
Since 1994, Intelligent Living through its sister company MCM Integrated Technologies, has been a Microsoft partner and respected builder of personal computers for the business community, and reseller of computers to manufacturers such as Hewlett-Packard, IBM and Toshiba, among others.
EGDI NEWS
Note the bottom paragraph !MISSISSAUGA, Ontario, July 31, 2007 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Glenn Wilkins, an AllPennyStocks.com News Reporter, this one discussing Elgrande International, Inc. (OTCBB:EGDI), its industry and future prospects.
Our homes are our castles, our fortresses, our bulwarks against the pressures and heartbreaks of the outside world. Properly taken care of, they can be worlds unto themselves -- providing us with security, entertainment, serenity and comfort.
A creator of these worlds is Elgrande International (OTCBB:EGDI), a holding company for organizations such as Intelligent Living Corporation (ILC). Headquartered in Vancouver, British Columbia and Anthem, Arizona, ILC specializes in designing, supplying, installing, upgrading and servicing home automation and commercial presentation center solutions. These include wiring for lighting and remote controls on the TV sets and security and access control systems, home theatre packages and climate control.
Since 1994, Intelligent Living through its sister company MCM Integrated Technologies, has been a Microsoft partner and respected builder of personal computers for the business community, and reseller of computers to manufacturers such as Hewlett-Packard, IBM and Toshiba, among others.
EGDI news
MISSISSAUGA, Ontario, July 31, 2007 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Glenn Wilkins, an AllPennyStocks.com News Reporter, this one discussing Elgrande International, Inc. (OTCBB:EGDI), its industry and future prospects.
Our homes are our castles, our fortresses, our bulwarks against the pressures and heartbreaks of the outside world. Properly taken care of, they can be worlds unto themselves -- providing us with security, entertainment, serenity and comfort.
A creator of these worlds is Elgrande International (OTCBB:EGDI), a holding company for organizations such as Intelligent Living Corporation (ILC). Headquartered in Vancouver, British Columbia and Anthem, Arizona, ILC specializes in designing, supplying, installing, upgrading and servicing home automation and commercial presentation center solutions. These include wiring for lighting and remote controls on the TV sets and security and access control systems, home theatre packages and climate control.
Since 1994, Intelligent Living through its sister company MCM Integrated Technologies, has been a Microsoft partner and respected builder of personal computers for the business community, and reseller of computers to manufacturers such as Hewlett-Packard, IBM and Toshiba, among others.
EGDI volume and hits today still cheap for the next run to .0039 and above. Look at your charts
EGDI check it out looks good for resistance today or tomorrow .0039
EGDI liking it here 42 trades and volume.. resistance around .0039
SRSR news Big Apple ConsultSarissa Resources Enters Into Agreement With Creso Resources for the Development of Sarissa's Uranium and Copper Prospects in the Elliot Lake Mining Camp of Northern Ontario
Jul 31, 2007 9:10:00 AM
BAY CITY, MI -- (MARKET WIRE) -- 07/31/07 -- Sarissa Resources, Inc. (PINKSHEETS: SRSR) is pleased to announce that it has signed an agreement with Creso Resources Inc. regarding its uranium and copper holdings in the world renowned Elliot Lake mining camp of Northern Ontario. Creso will pay Sarissa CAN $95,000, as well as 25,000 common shares of Creso Resources Inc. stock, for one hundred percent interest of Sarissa's share of the St. Nicholas prospect located in the camp. This prospect, of which the Lube Vent Group owns the remaining thirty percent stake, is comprised of 1200 acres and 31 claims, with 39 claims -- app. 1500 acres -- to be added this year. The Elliot Lake mining camp, a hotbed for Uranium discovery and mining production in the middle part of the 20th century, is widely known within uranium mining circles, mostly for having produced CAN $1.3 Billion of uranium oxide by 1970. The agreement between Sarissa and Creso should close within a month, subject to regulatory approval.
The agreement announced earlier this year with Jourdan Resources over Sarissa's St. Nicholas prospect has been officially terminated due to lack of approval by Jourdan's Board of Directors.
Sarissa continues to stake and explore the Elliot Lake mining camp and surrounding regions for opportunities in uranium and precious metals. President and CEO of Sarissa, Ben Fuschino, stated: "This agreement further illustrates the Company's commitment to the exploration and development of various prospects in this area."
Sarissa intends to continue this course of identifying and acquiring promising holdings -- in this Northern Ontario region as well as other key areas of North America -- and utilizing development and other partner-based agreements to develop these assets. "The Company firmly believes that commodity prices will continue to trend higher for many more years, and that we can build substantial leverage through the acquisition of these and other promising prospects."
As a footnote, Sarissa has terminated all ties with the firm Big Apple Consulting, which had previously performed public relations work for the Company.
ion out!
SRSR terminates relation wSarissa Resources Enters Into Agreement With Creso Resources for the Development of Sarissa's Uranium and Copper Prospects in the Elliot Lake Mining Camp of Northern Ontario
Jul 31, 2007 9:10:00 AM
BAY CITY, MI -- (MARKET WIRE) -- 07/31/07 -- Sarissa Resources, Inc. (PINKSHEETS: SRSR) is pleased to announce that it has signed an agreement with Creso Resources Inc. regarding its uranium and copper holdings in the world renowned Elliot Lake mining camp of Northern Ontario. Creso will pay Sarissa CAN $95,000, as well as 25,000 common shares of Creso Resources Inc. stock, for one hundred percent interest of Sarissa's share of the St. Nicholas prospect located in the camp. This prospect, of which the Lube Vent Group owns the remaining thirty percent stake, is comprised of 1200 acres and 31 claims, with 39 claims -- app. 1500 acres -- to be added this year. The Elliot Lake mining camp, a hotbed for Uranium discovery and mining production in the middle part of the 20th century, is widely known within uranium mining circles, mostly for having produced CAN $1.3 Billion of uranium oxide by 1970. The agreement between Sarissa and Creso should close within a month, subject to regulatory approval.
The agreement announced earlier this year with Jourdan Resources over Sarissa's St. Nicholas prospect has been officially terminated due to lack of approval by Jourdan's Board of Directors.
Sarissa continues to stake and explore the Elliot Lake mining camp and surrounding regions for opportunities in uranium and precious metals. President and CEO of Sarissa, Ben Fuschino, stated: "This agreement further illustrates the Company's commitment to the exploration and development of various prospects in this area."
Sarissa intends to continue this course of identifying and acquiring promising holdings -- in this Northern Ontario region as well as other key areas of North America -- and utilizing development and other partner-based agreements to develop these assets. "The Company firmly believes that commodity prices will continue to trend higher for many more years, and that we can build substantial leverage through the acquisition of these and other promising prospects."
As a footnote, Sarissa has terminated all ties with the firm Big Apple Consulting, which had previously performed public relations work for the Company.
/Big Apple Consulting
Watching WNSH, PEDG, SRSR, IHGR LDPH ICBM today....
IHGR pr program expected this week and first week in august is the rumor. Expecting good things from IHGR with good upside potential.
Shunngunner why do you believe that ogclips sell was bad timing...do you have anything of substance to back that up or just a hunch? Not meaning to be critical but I have been in VIPM since .0068 and down big here...everytime it drops to .0007 my account goes into apoplexy... thanks