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There went the recent gains just like that!
stock up nicely last week or so. Still delinquent, but price movement is intriguing....maybe something positive this year.
The people that are closest to this company know they are in an area with loads of gold, yet no one can figure out how to get the stuff out of the ground. STUNNING TO ME that there's literally tons of potential right there under their boots and the company is still not digging!!!
Not doubting a word you wrote, but if just 1/2 of this is spot on accurate they are done. Can't recover from this type of stuff. Watch out sub .01 unless they get an infusion of cash & the specialized employees return.
.012 x .0134 with only 98,000 on the ask. just texted my friend that owns this and he had no clue it was on the move.
Wow! I posted on here for the first time because a friend owns this and BOOM.....the stock immediately goes up to .012 x .013. I must be you believers good luck charm.
then why are they not current with filings?
if Dana Low would step down like he said he would at the s/h meeting if he had not produced gold by Thanksgiving 2016, the company might have a chance. However, with Low and Strack playing games and doing nothing....we are stuck in the same ole, same ole....Loserville, NV.
Low was suppose to resign by Thanksgiving if he did not produce as he said he would, yet he's still there. Watch for another stupid waste of time letter to the s/h's or ridiculous FB post from Low blaming the weather or something else! If this company were valued on excuses by management, directors & large shareholders, the stock price would be higher than Google, currently $831!
Hills, you seem to be the most rational urhg poster here with solid intel. They've already sucked all the rationale & financial marrow out of me. Have you heard anything as far as new management and any kind of doable plan with the funding needed to execute? Also, by my count Dana Low is not only a one man band, but also a one man board. We as shareholders should absolutely insist that a FIVE member board be put together asap. It's a dictatorship at his point. I'm hanging around this dumpster fire for one more year, any longer would certainly fall up under that overly used definition of insanity. Best to all the folks out there for 2017 who work hard, are honest and actually do what they say they're going to do!
Aahhh the smell of tax loss selling is back in the air at yet another year end for this company run by circus clowns! What a Joke.
Mac, I assure you some of that $20k that used to be yours and many 000's more of others invested funds went into MK's & RK's pocket as compensation they decided was owed to them for a job NOT DONE!!! Any investor considering putting funds in this time around, they should demand 4 things in no particular order of importance, before writing a check:
1. A real 5-person board of directors be in place.
2. An in writing directive of how invested funds are to be used & a weekly accounting statement to support no deviation from funds directive.
3. An in-writing statement stating the company will operate 52-weeks a year weather permitting and will only shut down on days where next door neighboring mine, sunrise gold placer mine is shut down due to weather. That mine was only shut down for 4-days during a recent severe winter when dun glen checked out sick for months.
4. A competent president who is not also a director and an owner/operator of a nearby private mine.
By the way, the extended long term forecast for the dun glen mine area is for a very mild winter, so if current top leadership tries to buy time by saying we are shutting the mine down for the winter, we are all being bam-boozled. The constantly screwed over s/h's & investors can't afford & will not accept to AGAIN BE TOLD..."just wait on next spring."
It's PAST TIME for a CHANGE!
You're probably right, but there's always this.....
"Hope is a good thing, maybe the best of things, and no good thing ever dies." - Andy Dufresne, The Shawshank Redemption.
HOPEFULLY, someone has a plan to get us all through the foul smelling filth we're currently swimming in and out to the other side like ole Andy did. Personally, I prefer the route to bluer skies that Red took! If no plan, a lot of hard earned and inherited money will stay in that sewer. And if that happens, I hope the people at fault here, and there are several inside & outside of the company, go down with the ship.
If I sound very pissed, then I got my point across.
With such a blatant confict of interest when a public company is involved, my hunch is the Feds would trump the loosely run Nevada state gov. Stay tuned!
Dana Low owns & operates a private gold mine/processing plant, with his brother, in the same general area of URHG's dun glen mine. Mr. Low is the acting president of URHG, a publicly traded company and he spends most all of his time & effort on developing, growing & probably recruiting financial investors to his own private mine & plant. This is a very clear conflict of interest and possibly a FEDERAL SEC legal matter. How can the large s/h's & investors not know about this and if they do, why have they not removed Mr. Low as a URHG managing director. I plan to make it my mission to see that this is investigated ASAP.
Dun glen mine should be producing by today per Dana Low at the s/h meeting in October, or he steps aside & resigns. I hear from reliable sources that the larger s/h's/investors will see to it that he keeps his word.
Why did Dana Low say at the s/h meeting that the company would run 100 tons/hour for 10 hours a day until Thanksgiving, yet now he's FB posting that the plan was to just bulk test for 4 hours @ 40 tons per hour and a contractor named Bill Strack is calling people saying the pump is broken and the circuit is not running??? Any s/h or note holder can go to the msha website and verify the exact hours of operation at the dun glen mine, it's public record! How much longer will the Simplot family, and other major investors in URHG wait to realize that Dana Low is in way over his head?
I have also heard via another s/h that according to the contractor, Bill Strack (Low's press secretary & s/h liaison), the pump at dun glen is not working and the circuit has been down for several days and has only run for about ten total hours this month! Sure does not sound like we will be hearing about recovered gold & a subsequent gold report by next week. Mr. Low needs to step down voluntarily to spare himself the embarrassment of being removed by a special vote. The big investors in Urhg, like the Simplot family, need to step up and demand positive results & accountability from Mr. Low or replace him now rather than later.
Low not returning phone calls personally! I hear from other s/h's who have placed calls into Dana Low are now slowly receiving return calls from a guy named Bill Strack who is an outside contractor for Urhg. I am not sure what to make of this either. If a s/h or debt holder takes the time to call Mr. Low, who is the acting president, it seems to me he's not very interested in Urhg if he can't take the time to return a simple phone call. Does anyone understand proper business etiquette any longer or do the things they're suppose to do? In addition, it was said publicly by Mr. Low, at the s/h meeting last month, that he and his brother own a gold mine & processing plant right up the road from Dun Glen, which they work on together. Now, I don't need to look up the meaning of the phrase conflict of interest to know it when I see it and this is clearly a conflict. Mr. Low also said at the meeting that if dun glen had not recovered gold and put out a gold report by Thanksgiving of THIS YEAR, he would step down. So, to all s/h's, note holders or other interested parties, look for Mr. Low to resign & step aside if no gold is recovered & announced by Friday 11/25!!!! Mr. Low may not do what he's suppose to do, but the shareholders will see to it that he does what he said he's going to do, step down.
The FB posting is on otcmarkets.com as well. Neither location where this PR is posted, FB & OTC, will help the company. The only people who see these are already stock holders. Plus, I agree with hills...this is very vaguely written. I know several s/h's who have placed calls to Mr. Low where messages have been left for a return call. No one that I'm aware of has received any communication back, which speaks volume!!! He either does not know what he's doing, is unwilling to ask for help OR he is in way over his head. My bet is on the latter. If Mr. Low thinks this worthless PR is going to help URHG or take the pressure off from the shareholder base, he's mistaken.
http://www.otcmarkets.com/stock/URHG/news/United-Resource-Holdings-Group--Inc---URHG--Begins-Processing-Ore-at-the-Dun-Glen-Mine-in-Pershing-County--NV?id=144411&b=y
Here is anoher # for Mr. Low from a past post if he can't be reached on the # at the end of that FB posting. When is the company going to put out a real PR? Postings on FB and OTCmarket.com are absolutely worthless, very much akin to a minister turning around & preaching to the church choir.
shazaam,
I was told this is the contact number: Dana Low 702-612-5945
Beware of the shareholders who've had enough!
4 simple words, LOW HAS TO GO! Looks like the shareholders need to call a special vote ASAP to have Dana Low removed as a director and certainly as president. He has done nothing he's said he was going to do. We need to replace him immediately with a responsible & sensible operator so the company can operate consistently, extract gold and become a positive cash flow organization. All we have ever gotten from Low are unfulfilled promises, predictions & projections. Additionally, extended long term forecasts are for a mild winter, so it's quite possible they could operate the entire winter. I heard a nearby operating mine missed only four days of mining during a recent severe winter.
I called this # for strack & the # for Low....no answer. If anyone talks to these guys please post what they are doing to produce gold out of dun glen. If they aren't doIng the job, they will be replaced.
I thought the BLM was out of Carson City and why would they be targeting placer mines? They are a source of revenue via permitting.
The market is CLEARLY sending a message that this company has no direction or leadership. The shareholders may have to come together to put in new directors & management that can get the job done. Current leadership is not doing anything, if they were we would have news.
,
Would anyone that knows how to reach low & or this strack fella call them and ask about ALL of these potentially great things going on at Dun Glen; then post the latest & greatest here on this site?
With gold at nearly $1300/oz. today, URHG looking more & more interesting by the day. Im not sure if this is still accurate, but in the recent past I read somewhere that this mining company was all profit above the area of $300 an ounce. $1000 an ounce profit & rising makes it quite clear why announcing a strong gold report would be such a significant event for the company and its shareholders.
Like you, I just want to see the company get the chance to succeed, after all of this time, for the loyal shareholders that have been patient through a lot. I do feel the upside potential here far out weighs the downside, which leads me to believe that all involved with URHG will do the right thing. If not, I feel sure the shareholders and large investors will unite, as they have in the past, to force the right action.
I just heard from another very reliable shareholder that says two of the three URHG Directors resigned on Friday. Robert Quinn, a director and Ken Barker, also a director and the President of URHG both resigned because they met with Dana Low and Bill Strack on Thursday and asked that Dana step down as President of Dun Glen Mining Corp. Apparently, Dana played the "Simplot card" stating that he had the complete backing of the Simplot family and he would not step down, so Quinn and Barker resigned. Now it appears that Dana Low is the only director and he is also now the President & COO of URHG, as well as the President of Dun Glen Mining Corp. If anyone can confirm, please post it here. Or, you can contact Dana Low directly at the company for more information. I'm sure he will fill you in on any new details concerning his new responsibilities and the backing of the Simplot family.
Wow, what a thorough report from you on what all took place at the recent s/h meeting.and I understand your position exactly I still lean towards feeling like we are finally close to being a real operating company. I'll be back with a longer post after I talk directly with some other s/h's who I know that were also at the meeting. For now, I sure hope Low & Strack know what they are doing and are 100% honest fellas because URHG has a large & diverse s/h base and almost all of them, whether super well off financially or average guy's, are big time on edge. It's been a long drawn out process to say the least. I sure hope we don't find out we have been mislead by Low and/or Stack in any way or that there has been any monkey business with the gold on-site or corporate funds put up by the Simplot family or any other investors. Thanks again & please keep posting as you get new information.
Wonder what the VALUE of the gold is that you guy's saw on the wash plant from the prior days run? Sounds like the company has found the sweet spot with really high grade ore. The company may be cash flowing here very soon!
thanks for the post themtharhills.....sounds very positive. Glad to hear the Simplot family is backing the company....shows they are bullish on the future of URHG. Hopefully, the upcoming winter season will be very mild and they can work the mine, OR MINES, all year long.
Well Mac....I hope it is a long time before any of us are back stage having cocktails and cigars with ole Bob Hope. I remember how cool I thought it was when he had his own golf cart with the front in the shape of his face and nose. I loved that guy. Maybe we will all be jap slapped up side the head when we least expect it with some good URHG news followed by positive share price movement. When towels start being thrown in, sometimes that is followed by a completely unexpected turn of events. Crazier things happen....see Donald Trump! Maybe we get lucky here....about time our luck turned.
same BHGI going to .02 sermon, different day.
Sorry to see you go Mac. I've enjoyed your sense of humor & writing style. When did you finally decide to hit the button marked sell and did you let it all go, or hold on to some shares for the helluva it? At least football season is now upon us!
Are you still a s/h'er woofers?
I have talked to Ken a few times this year, including your referenced timeframe of May, and he never once asked about or mentioned a thing about me buying in. Thats not his style and I personally think you are mistaken. Ken is a very consistent person. He has said the company needs to raise capital, but has not once asked me specifically. Bad as things seem, fact remains they are fully permitted including with the epa. If they hit a little sweet spot here soon, we might see some appreciation in the market. I can even afford some more at a penny.
Time to rally all the way to the 4:00 bell!