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has anyone besides trader and myself gotten this e-mail?
El Alacran Gold Mine Corp. seen as “Prime Take Over Target.†Company
properties rich with precious metal deposits while worldwide discoveries of new
deposits decline for eighth straight year.
Tuesday January 18, 10:33 am ET
Gold Company’s Assets Seen As Extremely Valuable. Potential Fight Between
Buyout Rivals Could Send Stock Price Soaring.
TORONTO—Jan 18, 2007 -- El Alacran Gold Mining Corp. (Other OTC:EAGM.PK -
News), a precious metal mining company, is seen as a likely buyout target
because of their rich mineral deposits including gold, silver, copper and other
precious metals. Although, the company has remained silent about recent
takeover rumors, recent news stories have revealed a decline in the number of
discoveries of at least 2.5 million ounces for eight straight years. That
decline has producers scrambling to boost their supplies because mines are being
depleted faster than new reserves are being found. That, coupled with a six
year rally in gold prices has larger gold companies flush with cash and looking for new acquisitions. According to a
recent Bloomberg story, gold company acquisitions in 2006 surged to the highest
level in a least a decade and is expected to continue throughout 2007. In 2006,
there were 357 deals valued at $24.3 billion.
According to a recent press release from El Alacran Gold Mining Corp. ( Other
OTC: EAGM.PK), "The Alacran-Scorpio Mine is located in a zone within a tectonic
system called The Romeral Fault. Photo geological regional mapping plus field
exploration in this area suggests that it is part of an extremely wide
basin-form structure with volcano-based mineralization.
"The area has been initially explored by means of pits, trenches, and drilling
throughout the various sequences of rocks, finding ores of quartz which
confirmed sulfides with 50% pyrite, chalcopyrite, and galena. Gold values
reached 2.5 grams per ton at surface/ground level. All testing confirms that
this deposit is part of a large volcanogenic sulfide area. It contains gold, silver, and copper in extremely large quantities, along with other
precious metals that are yet to be determined.
"El Alacran Gold Mine Corp. has been reviewing, confirming and comparing many of
the third-party findings that were performed throughout the neighboring
properties and they fall within the same tectonic system and yield the same
results. There are many tunnels that were already excavated during the original
invasion of artisan miners, which will allow for easy access and initial
extraction of materials.
"Gold and copper are the most prominent of the precious metals on the property,
accompanied by silver, zinc, lead and chromium."
Some have estimated buyout deals for El Alacran Gold Mining Corp. ranging from
$2 to $5 per share. A fight over the company’s assets could propel that price
even higher. The company’s shares recently traded at .001 as company
officials have promised an investigation into questions of illegal naked
shorting.
vistomail's server is located in japan from what I can find out its an anonymous email system. Maybe its a fake email I dont know
was that you I just forwarded the e-mail that I got to?
send me an e-mail and I will forward the letter to you
davidrbean@comcast.net
what do you all make of this
Stocks" <visto.a17457238a@vistomail.com>
[Add to Address Book]
To:##########@comcast.net
Subject:EAGM
Date:Thursday, January 18, 2007 1:01:24 PM
[View Source]
El Alacran Gold Mine Corp. seen as “Prime Take Over Target.†Company
properties rich with precious metal deposits while worldwide discoveries of new
deposits decline for eighth straight year.
Tuesday January 18, 10:33 am ET
Gold Company’s Assets Seen As Extremely Valuable. Potential Fight Between
Buyout Rivals Could Send Stock Price Soaring.
TORONTO—Jan 18, 2007 -- El Alacran Gold Mining Corp. (Other OTC:EAGM.PK -
News), a precious metal mining company, is seen as a likely buyout target
because of their rich mineral deposits including gold, silver, copper and other
precious metals. Although, the company has remained silent about recent
takeover rumors, recent news stories have revealed a decline in the number of
discoveries of at least 2.5 million ounces for eight straight years. That
decline has producers scrambling to boost their supplies because mines are being
depleted faster than new reserves are being found. That, coupled with a six
year rally in gold prices has larger gold companies flush with cash and looking for new acquisitions. According to a
recent Bloomberg story, gold company acquisitions in 2006 surged to the highest
level in a least a decade and is expected to continue throughout 2007. In 2006,
there were 357 deals valued at $24.3 billion.
According to a recent press release from El Alacran Gold Mining Corp. ( Other
OTC: EAGM.PK), "The Alacran-Scorpio Mine is located in a zone within a tectonic
system called The Romeral Fault. Photo geological regional mapping plus field
exploration in this area suggests that it is part of an extremely wide
basin-form structure with volcano-based mineralization.
"The area has been initially explored by means of pits, trenches, and drilling
throughout the various sequences of rocks, finding ores of quartz which
confirmed sulfides with 50% pyrite, chalcopyrite, and galena. Gold values
reached 2.5 grams per ton at surface/ground level. All testing confirms that
this deposit is part of a large volcanogenic sulfide area. It contains gold, silver, and copper in extremely large quantities, along with other
precious metals that are yet to be determined.
"El Alacran Gold Mine Corp. has been reviewing, confirming and comparing many of
the third-party findings that were performed throughout the neighboring
properties and they fall within the same tectonic system and yield the same
results. There are many tunnels that were already excavated during the original
invasion of artisan miners, which will allow for easy access and initial
extraction of materials.
"Gold and copper are the most prominent of the precious metals on the property,
accompanied by silver, zinc, lead and chromium."
Some have estimated buyout deals for El Alacran Gold Mining Corp. ranging from
$2 to $5 per share. A fight over the company’s assets could propel that price
even higher. The company’s shares recently traded at .001 as company
officials have promised an investigation into questions of illegal naked
shorting.
hopefully he dosent work for the gas co lol
they usually get back in a day or two maybe I got the address wrong I'll try again
I havent heard anything yet sent e-mail last week
everybodys just sittn back and waitin to get rich
oops!
borke is in jail go say hi
redsky check your e-mail thanks
well written. I agree
I amnot worried about the lack of prs at this time. I have been in e-mail contact with the company and am satisfied thinga are moving forward.
some excerpts from emails
There was also the matter of how our PPS has most definately suffered from
unusual and illegal trading activity over several months. As mentioned in
previous emails and releases, this is something that our Company is working on
to resolve and eliminate. Although, the Company has noticed that this is still
quite difficult to fully eliminate on the Pink Sheets based on its discussions
with various legal, corporate and government entities.
You inquired as to future PR's and what stage the Company is in, whether its
processing or simply acquiring. The public will be receiving information now
that we have passed the holidays pertaining to the Los Mates project. The
Company believes that this project will be the one that brings EAGM (and
shareholders) the fastest return and may very well be the turning point of our
operations. The other two properties (Alacran and Alacran-Scorpio) are still
being fully studied in depth in order to determine more precise reserves and
findings, in order to set up all necessary mining and drilling schedules.
The Company always has its eyes open to other opportunities, but, at the current
time is very content with its properties and feels that it is best to
concentrate fully on these properties and turn things around in the quickest and
best way possible for everyone including the shareholders.
The Company has been counting on the expertise of Mr. Mario Monroy as EAGM's Geologist and Geophysics Mining Executive. He is in
charge of the Los Mates project and has produced various technical reports and
geologic findings over the past month. We have indicated this to our
shareholders in the past, but, the one issue that prolounges the release of
technical data is the fact that all reports are produced initially in Spanish.
The translation from Spanish to English for such technical and geologic findings
is not as simple as translating "normal" spanish to english words, since the
reports are extremely technical and contain many words that don't appear in
regular speach. As such, the Company is finalizing this information in order to
release to our shareholders
2007 will bring additional investigations into other exchanges such as the
Frankfurt or Toronto Stock Exchange, further exploration of our current
properties, geologic findings, drilling schedules, mining, extraction,
production, as well as other potential acquisitions throughout South America.
In the near future, our shareholders will receive additional
information pertaining the Los Mates project, which is where most of our
resources and time have been applied - since this project will be the one that brings our Company the fastest return and may very well be the turning point
of our entire operation. Geologic information will be released regarding the
property's reserves and findings.
It is most definately a good opportunity to add to one's levels in respect to
the PPS being as low as it is. You do ask a good question regarding the true
value of the Company, which of course is not presently an easy question to
answer. In fact, this is exactly what we are working so diligently in order to
bring to our investors. Nothing will please us more than to give out exact
details of our multi-million dollar deposits, but, while the company is
extracting materials, it is also continuing exploration programs; therefore,
can't project anything quite yet, until all studies have been executed.
When the Company started, El Alacran Gold Mine Corp's initial worth was very
minimal, but then, the Company's management commenced adding properties,
offices, staff, and other necessities, which makes it impossible to give an
approximation at this time, especially as it is ever growing.
these are from several e-mails I have recieved I will forward them to you if you like
sure! But you gotta get past the wife first!!!
why do you think the mgmt is lying?
can't im maxed out right now sure wish I could add to what Ive got
redsky I thought I thanked you for the video and the pics If not sorry Imust have forgotten. The vid was nicely done as well as the pics.
I hope this thing pops soon I'm getting tired of working on cars to pay the bills!
redsky great job on the vid forward the pics to me id love to see them davidrbean@comcast.net
redsky I got the video from og nice shooting thanks again e-mail davidrbean@comcast.net
Its a realvideo file use realplayer to open Ive gotta download it
thanks og now lets see if I can open it
If you do have it could you send it my way also davidrbean@comcast.net
redsky you have my email address send me a copy of the video please
see post #6665 for further info
eagm IS NOT associated with eqbm
Does anyone know what happen to our current shares if a change in exchanges is made? Do they convert or what.
not real sure at this point. sounds like the los mates mine is in production or will be very shortly. maybe we can also look forward to an exchange change in 2007. What do you think?
just got a reply
Re: Investor question
Date:Tuesday, January 02, 2007 8:23:50 AM
[View Source]
Mr. xxxx,
Thank you for your email. We are glad that the holidays are done and now our
Company can truly head into 2007 on a more positive note.
The Company had to endure various setbacks throughout 2006 in relation to its
share price. Of course, EAGM is well aware that it was due to many ongoing
issues. There were many shareholders that sold their shares at the end of year
at a loss. Then, when the price starts to climb, the shareholders that purchased
at these low prices are always more than willing to sell off at a small gain,
which will cause resistance when our PPS is trying to break through these
barriers.
There was also the matter of how our PPS has most definately suffered from
unusual and illegal trading activity over several months. As mentioned in
previous emails and releases, this is something that our Company is working on
to resolve and eliminate. Although, the Company has noticed that this is still
quite difficult to fully eliminate on the Pink Sheets based on its discussions
with various legal, corporate and government entities.
You inquired as to future PR's and what stage the Company is in, whether its
processing or simply acquiring. The public will be receiving information now
that we have passed the holidays pertaining to the Los Mates project. The
Company believes that this project will be the one that brings EAGM (and
shareholders) the fastest return and may very well be the turning point of our
operations. The other two properties (Alacran and Alacran-Scorpio) are still
being fully studied in depth in order to determine more precise reserves and
findings, in order to set up all necessary mining and drilling schedules.
The Company always has its eyes open to other opportunities, but, at the current
time is very content with its properties and feels that it is best to
concentrate fully on these properties and turn things around in the quickest and
best way possible for everyone including the shareholders.
The Company has been counting on the expertise of Mr. Mario Monroy as EAGM's Geologist and Geophysics Mining Executive. He is in
charge of the Los Mates project and has produced various technical reports and
geologic findings over the past month. We have indicated this to our
shareholders in the past, but, the one issue that prolounges the release of
technical data is the fact that all reports are produced initially in Spanish.
The translation from Spanish to English for such technical and geologic findings
is not as simple as translating "normal" spanish to english words, since the
reports are extremely technical and contain many words that don't appear in
regular speach. As such, the Company is finalizing this information in order to
release to our shareholders.
2007 will bring additional investigations into other exchanges such as the
Frankfurt or Toronto Stock Exchange, further exploration of our current
properties, geologic findings, drilling schedules, mining, extraction,
production, as well as other potential acquisitions throughout South America.
We thank you for your email and for your patience during certain moments.
Management
---------- Original Message ----------------------------------
From: xxxxxxxxxx@comcast.net
Date: Wed, 27 Dec 2006 19:41:36 +0000
>Just a quick note to wish you all a happy and prosperous 2007.
>I am looking forward to having a very good year as an investor in eagm.
>I understand the lack of pr releases as the year ends and was wondering how
soon into the new year I should be expecting to see a release?Also has eagm
reached the processing stage yet or are you still working on acquisitions?
>Thank You
at least ill be able to feed the family again
even if its only pizza
cant help it im broke and waiting for this stock to climb back up so ill have $$$ again
as long as they come prepaid,being em on
thanks for the books!!!
good morning redsky. how are you feeling?
12pm news????
good idea, better yet somebody banish stcgg eom
shortfuse I think we ought to just ignore Stcgg.Obviously she dosent have a clue as to what she is talking about! She just wants everyone else to be as miserable as her. Things could change, even the Grinch had a change of heart maybe that will hannpn to her.
thanks for clearing that up
i hope my etrade acct grows like yours!! just last month you stated that you were able to average down to .04 and held 440k shares.