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Out AGT 1.95
SWG 12.65 :)
Looking good SWG :)
CHA news:
Press Release Source: Champion Resources Inc.
Champion Resources Inc.: Shareholders Vote 99.99% in Favour on Sale of Farim Project
Tuesday August 26, 12:07 pm ET
VANCOUVER, BRITISH COLUMBIA--CHAMPION RESOURCES INC. (the "Company") is pleased to announce that at an Extraordinary General Meeting held yesterday in Vancouver, Canada, over 99.99% of the votes cast in respect of the sale of the Farim Phosphate Project to Geyser Ltd. were voted in favour of the transaction.
ADVERTISEMENT
As announced on July 2, 2003, the Company entered into a letter agreement with Geyser Ltd. for the sale of Champion Industrial Minerals Inc. ("CIM") for a cash payment of CDN$10,550,000. CIM, a subsidiary of Champion, owns the Farim Phosphate Project located in the West African country of Guinea Bissau. Geyser, a company based in Dubai, U.A.E. has performed extensive due diligence in respect of CIM and the Farim Project, including a recent country visit, and has made a down-payment against the purchase price. The transaction, which represents the sale of substantially all of the assets of the Company, is subject to regulatory approval.
The sale of the Farim Project will enable the Company to focus on new opportunities within the natural resource sector to further enhance shareholder value.
ON BEHALF OF THE BOARD
Richard P. Clark, President
--------------------------------------------------------------------------------
Contact:
Champion Resources Inc.
Sophia Shane
Corporate Development
Phone: (604) 689-7842
Website: www.championresources.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
In AGT @ 1.80, took a dip. Gold play.
The put will have a strike price, the price you have the option of selling the stock at. If the stock drops below the strike price before it expires then your in profit, exersize your option and sell short. If the option expires it's gone, you lose what you paid for it.
Check this board:
http://www.investorshub.com/boards/board.asp?board_id=1744
could ah would ah should ah
I got a few of them LOL
that's what it has to break through... good call
No, second wind coming
was that another 50% rule move Omni?
HIET - see if it can break through
Good trade Omni, thanks for the heads up.
HIET got in late 1.28
Post 2279
Likewise Omni, thanks.
I own it, nice move today.
TSPT - looks as if insider William Miller is also selling.
No expert but I have read a bit. I believe your refering to put options, which give you the option to sell short. You should be able to buy a 90 day put option, on QQQ for instance, that would put you into November. If you are correct about Sept. early Oct. your puts will do well and you could sell or exersize them then. If you are wrong you won't lose as much as if you had shorted.
In SWG today @ $11.20
another day... next!
WLIV Actually support at .83
and would that be 70% LOL
Resistance at .83
30% rule? LOL
WLIV - 50% rule?
Not in front of me but predominently buys in last weeks report from 2002 to present about $50k worth including 30k shares over .30 in June. Bullish.
MJS moving up thanks to CIBC.
RGUS is a subsidiary of REGRF, potential power generation play due to blackout?
Press Release Source: REGI U.S., Inc.
REGI U.S., Inc. Announces That Rand Cam Power Generation License Agreement Extended
Monday June 9, 9:31 am ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--June 9, 2003--REGI U.S., Inc. (OTCBB:RGUS - News), U.S. subsidiary of Reg Technologies, Inc. (TSX VENTURE:RRE - News), wishes to announce that REGI has agreed to extend the power generation license to Rotary Power Generation, Incorporated (RPGI) until December 31, 2003.
REGI agrees to grant an exclusive worldwide license to Rotary Power Generation for the manufacture and sale of Power Generation equipment utilizing the Rand Cam(TM) technology.
RPGI agrees to complete the study of the design, analysis, manufacturing costs, risk assessment and marketing analysis of the Rand Cam(TM) technology for the power generation application.
RPGI agrees to pay REGI US$100,000 on or before December 31, 2003, in order to own the exclusive worldwide license for the manufacturing and sale of the Power Generation Rand Cam(TM) application.
RPGI will pay REGI a six (6) percent royalty on the sales of engines, parts and service and fifty (50) percent of sublicense fees and royalties utilizing Rand Cam(TM) technology used in electrical power generation equipment.
Five (5) years from the date of the Agreement the minimum annual royalty and/or sublicensing fees payment shall be US$500,000. If REGI does not receive this minimum payment on an annual basis, REGI shall have the right to revoke the REGI license.
RPGI has been able to identify and quantify the deployable and portable power generation needs of the U.S. Department of Defense (DOD). This extension of the study period will allow potential sublicenses to validate the value of the Rand Cam(TM) technology and further increase the value to REGI in the form of higher and larger sublicense fees and royalties.
About REGI U.S., Inc./REG Technologies, Inc.
Reg Technologies, Inc. jointly owns the worldwide rights to the Rand Cam(TM) rotary technology with its U.S. subsidiary REGI U.S., Inc. and is currently incorporating its latest winged rotor technology to dramatically improve sealing and reduce friction in the diesel Rand Cam(TM) engine. The Company has designed and built an air pump for fuel cell applications as well as an air pump for the lumbar seats in automobiles. The Company has also built a compressor for air conditioning units for buses. Currently, our joint venture partner Radian Milparts is developing a diesel engine 42 H.P. engine for unmanned helicopter applications. Reg Technologies, Inc.'s goal is to license the Rand Cam(TM) technology and/or to participate in joint ventures to manufacture specific Rand Cam(TM) applications.
ON BEHALF OF THE BOARD OF DIRECTORS
"John Robertson"
John Robertson
President
Statements in this press release regarding REGI's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, including the impact of competitive products and pricing, the need to raise additional capital, uncertain markets for the company's products and services, the company's dependence on third parties and licensing/service supply agreements, and the ability of competitors to license the same technologies as the Company or develop or license other functionally equivalent technologies.
--------------------------------------------------------------------------------
Contact:
REGI U.S., Inc.
John Robertson, 800/665-4616
Out BCON @ 1.07 :( Thanks Etrade!
The good news is I didnt play IVAN again
Would re enter IVAN here for a quicky if I could trust Etrade
Still in BCON but not by choice. Etrade Grrrr
Gold making a move now
Back into BCON @ 1.10
Nice trade. I waz out at .62 :(
IVAN out at 1.50 :)
BRGFF
Lots of action in this one on the Toronto exchange lately. (BGI)
SRLM nice
IVAN looking good
Picked up some Champion Resources (CHA) today as an arbitrage play confirmed by insider buying lately of about 35000 shares @ .95
Looks as if the company is worth about $1.25 a share if the recently announced sale of their Farim Phosphate Project goes through.
http://biz.yahoo.com/ccn/030704/2631332603d23a65ccd791f2b1507aab_1.html
test link... worked
FWIW out WAVX @3.15