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$6,634,800 profit
May 2010 presentation on page 13 has $32/lb production cost.
http://203.15.147.66/asx/statistics/announcements.do?by=asxCode&asxCode=wcu&timeframe=Y&year=2010
Mill 55,000 tonnes of ore to yellow cake at a grade of .291%" how does the math work out on that. Is it simply 40,000t*2000lbs * .00291 = 232,800lbs of concenrate X $60.50 spot price = $14,084,400
It costs White Canyon about $32/lbs to production. $32*320,100lbs = $7,449,600
$14,084,400- $7,449,600= $6,634,800 profit
Why is it the
high and mighty people never put up a link?
They keep telling me how I
are about to get eaten by the
the big bad nss but
They can't show me were the nss
is hiding.
Come on if you don't put up a link
and show me the big bad nss.
I don't think your nss is very real.
Or I am about to be eaten by your nss.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 25, 2010) - White Canyon Uranium Ltd. (TSX VENTURE:WU - News; ASX:WCU - News; "White Canyon" or the "Company") is pleased to announce that toll milling commenced at Denison Mines Corp.'s (TSX:DML - News; NYSE Amex:DNN) White Mesa mill on November 1, 2010 as planned. The head grade of U3O8 processed is averaging 0.291% which is in line with company expectations.
Toll milling of White Canyon's uranium ore stockpiled at the White Mesa Mill is on target for completion in early December and approximately 40,000 tons (36,280 metric tonnes) of ore are expected to be processed.
As previously announced, White Canyon has engaged Denison Mines as sales agent for the Company's 'yellow-cake' concentrate which could be sold in to the spot market as early as December, 2010. The spot price for uranium has been performing exceptionally well in the past several months and was reported by UXC (The Uranium Consulting Company) on November 23, 2010 at $60.50/pound.
White Canyon Uranium Limited listed in March 2008 and has fast tracked to become an advanced uranium production company holding 100% interest in multiple mining projects in Southern Utah, USA which comprise approximately 15,000 acres of mining claims and mineral leases. The Daneros Mine is White Canyon's first mine to be put into production.
Denison Mines Corporation is a diversified, intermediate uranium producer and operates the only Uranium/vanadium mill in the United States, the White Mesa Mill, near Blanding Utah.
Competent Persons Statement
Greg Burns has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Greg Burns consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Forward Looking Statements
This announcement may contain certain forward looking statements and projections regarding uranium pricing and sales; such forward looking statements are for discussion purposes only and should not be relied upon. They are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors many of which are beyond the control of White Canyon Uranium. The forward looking statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved. White canyon uranium does not make any representations and provides no warranties concerning the accuracy of the projections, and disclaims any obligation to update or revise any forward looking statements/projections based on new information, future events or otherwise except to the extent required by applicable laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
John RamseyWhite Canyon Uranium LimitedVice President-Marketing+1 435 260 0267jramsey@whitecanyonuranium.comwww.whitecanyonuranium.com
100mil share at buy. OMG maybe the $1 share program is working. Then again NOT.
August 27, 2010 email:
Through the coming month of September, Fortress Financial Group Inc. will continue to issue shareholder advisories and the IR firm will continue to address the shareholders. The Company anticipates that all Fortress Financial Group Inc. corporate activities will cease after that time.
I heard from sloane that anvil is also buying 1,000,000 @ $3.50 shares from the A&B profits.
Talking like a true long on FFGO. No better than a NSS.
Varmit just wants to get out of FFGO or flip-it.
White Canyon Uranium Limited (ASX: WCU) Management Interview
Posted by admin - 11/11/10 at 06:11 pm
White Canyon Uranium Limited
(ASX: WCU)
(TSXV:WU)
Chairman of Board: Lew Cross
http://www.wallstreetreporter.com/2010/11/white-canyon-uranium-limited-asx-wcu-management-interview/
FFGO (go ffgo)
Speaking like a true long-term investor for FFGO. Only thinking about themselves and not the Best interest of the company.
How can I get legal documents from companies that don't give proper addresses, phone numbers, etc. These companies don't exist physically.
Those who continue to assert that Fortress holds other assets despite numerous regulatory filings to the contrary are living in fantasy land and their comments stating that other assets exist should be ignored.
Do you own any Western Diversified? is it traded NO. Will they paid off the FFGO shareholders NEVER. Sorry all the FFGo shareholders Loose.
FAQ from CEO:
Will Fortress continue to provide Investor Relations support, issue Press Releases and continue day to day communication with its stockholders?
No, the Investor Relations support currently being provided will cease in and during September of 2010. This extends to incoming E Mail and telephonic messages. At such time as the Dividend dates are set, stockholders will be advised by E Mail and through a Form 8-K Filing by Fortress.
Fortress has no cash; its Lenders are ceasing financial support, as previously announced. This means that any such support simply cannot be provided to stockholders. Fortress will now become dormant and no deal is likely to emerge to change this status, primarily due to Fortress being a delinquent filer with the SEC and is therefore an extremely unattractive “Reverse Merger” Candidate. In any event, Fortress cannot and will not entertain any deals of any nature until the dividend process is completed at a future date. In short, Fortress has now become dormant.
There is absolutely no doubt that at some point, the SEC will move the listing of Fortress from that of the OTC Pink Markets, Inc. to that of the “Grey Market” as it is a delinquent filer and does not qualify to become a “Non Reporting” Company due to the size of its stockholder base.
How might you get cash after 1/11/2011 if they never give you A and B shares before 1/11/2011?
OR:
Because the so called longs, sell when the price reaches 100% or more than short the stock.
Now are they supportive of the company or self interest?
Because the so called longs, sell when the price reaches 100% or more than short the stock.
Now are they supportive of the company or self interest?
Do you having a voice recording of the conversation and the full name of the person you talked and date and time.
Please post the voice recording.
The facts are stated the 8k that the A&B are now issued. If you haven't received in September you probably won't get the shares. the only party that received them is Western Minerals.
Oh right, sorry this is the Greatest Company of all-times. They do no wrongs.
Very Crooked all the more reason to stay away from FFGO/NMGL
I heard No news is bad news cause the hide something just like the mortage scandal. They never told people what they were doing. So, no news is bad news.
NOPE. What lawyers FFGO has no money
They better started mining their gold.
Where does it say Super 8k?
I heard of super 8 film.
The A&B shares should have been given back in September according to 8k. As per FFGO/NMGL agreement. Since it did not happen no dividend will be issued.
Look for FFGO to say we didn't sell our shares and we have a new buyer in DEC.
Remember, that data does not include regular selling that is my understanding from you and others.
I've made $15,000 in real producing gold stocks since selling FFGO back in August. I placed a sell order at the market for 0.0001
Say Ain't So Joe. Not the greatest company of All-times
New York Longshoremen Trafficked Cocaine And Used Money To Drive Stock Pump-And-Dump
Gus Lubin | Oct. 6, 2010, 12:28 PM | 1,412 | 4
UPDATE: More details have emerged on the scheme, via South Florida Business Journal.
11 men in New York and Florida were using money from cocaine-trafficking to fuel a pump-and-dump. The investment scheme pocketed $3 million and cost investors $7 million.
The drug scheme was worth up to $100,000 per bag received.
PREVIOUSLY: Nine New York longshoremen were busted yesterday for helping Panamanian drug dealers smuggle nearly a ton of cocaine through local ports.
Sounds like business as usual. What's strange here is that the longshoremen were also busted for running a stock pump-and-dump scheme.
The stock scheme allegedly posted bogus claims online, like "Our Stock Picks are Off the Charts!" and "Lock in 500% in a Tough Economy," according to NY Post.
The only site we've seen that shares the same slogans is PennyWinners.com, which has all of those slogans on its web page.
PennyWinners.com has been recommending several stocks on its website and/or twitter stream, including HEME, MXMI, SSOL, TSPG, and BTDG. Tweets include: "If HEME doesn't break .20 today I will eat my keyboard" and "HEME is now trading at a new high of day. .32 on huge volume! This is officially a 100% profit for those of you that got in at .18 :)".
The last tweet was posted on Sunday.
We have no idea how the pump-and-dump scheme would relate to the coke smuggling.
Read more: http://www.businessinsider.com/pennywinners-longshoremen-2010-10#ixzz12KCWhceZ
New York Longshoremen Trafficked Cocaine And Used Money To Drive Stock Pump-And-Dump
Gus Lubin | Oct. 6, 2010, 12:28 PM | 1,412 | 4
UPDATE: More details have emerged on the scheme, via South Florida Business Journal.
11 men in New York and Florida were using money from cocaine-trafficking to fuel a pump-and-dump. The investment scheme pocketed $3 million and cost investors $7 million.
The drug scheme was worth up to $100,000 per bag received.
PREVIOUSLY: Nine New York longshoremen were busted yesterday for helping Panamanian drug dealers smuggle nearly a ton of cocaine through local ports.
Sounds like business as usual. What's strange here is that the longshoremen were also busted for running a stock pump-and-dump scheme.
The stock scheme allegedly posted bogus claims online, like "Our Stock Picks are Off the Charts!" and "Lock in 500% in a Tough Economy," according to NY Post.
The only site we've seen that shares the same slogans is PennyWinners.com, which has all of those slogans on its web page.
PennyWinners.com has been recommending several stocks on its website and/or twitter stream, including HEME, MXMI, SSOL, TSPG, and BTDG. Tweets include: "If HEME doesn't break .20 today I will eat my keyboard" and "HEME is now trading at a new high of day. .32 on huge volume! This is officially a 100% profit for those of you that got in at .18 :)".
The last tweet was posted on Sunday.
We have no idea how the pump-and-dump scheme would relate to the coke smuggling.
Read more: http://www.businessinsider.com/pennywinners-longshoremen-2010-10#ixzz12KCWhceZ
Most posters on this message board are not buying this stock in 10,000 blocks. If this is the greatest stock of all-times I expect more. Come on $30,000 is cheap for you people.
OR, BUY in blocks of 10,000+ shares at $3.50.
NO GUTS, NO GLORY
Hey, stop making fun of the GREATEST STOCK of ALL-TIMES.
NMGL doesn't want a total collapse like Tuffnell ($1.21 to $0.43).
I guess they waiting for someone to buy at $1.00. Scam into buy at $1.00 and they could have bought it $0.46 or $0.58
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
On April 23, 2010, the Company closed a private placement of 500,000 units at $1.00 per unit for a total offering price of $500,000 to one non-U.S. purchaser. The units were offered by the Company pursuant to an exemption from registration under Regulation S under the Securities Act of 1933, as amended. Each unit consists of one share of common stock of the Company and one non-transferable common stock purchase warrant. The warrants are excercisable at a price of $1.50 (US) per share commencing April 26, 2012.
It is up to the Board of Directors of NMGL if MAY sell them.
Let´s revisit the August 12, 2010 8-K of FFGO:
Section 3 North American controls your shares, you do not! You have no say or rights what so ever in the company
Let us look at Series A Preferred Stock, as the "Bouse Liquidation Payments":
Section 4: Your stock has NO VOTING rights!
Section 5: On or After January 1, 2011 it is up to the Board of Directors if you may sell your shares in North American.
But everything people post on here makes it sounds to be the Greatest Company of ALL-times.
Then they are the GREATEST Mining FUND of ALL-TIMES
This COMPANY is so GREAT it is just like heaven on earth.