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we need some news
yep news looked good
EDLT news
East Delta Subsidiary Completes Testing of Its Chinese Facility for Producing Nickel-Copper Aggregate
Thursday May 15, 2:49 pm ET
MONTREAL, May 15, 2008 (PRIME NEWSWIRE) -- East Delta Resources Corp. (OTC BB:EDLT.OB - News) (Frankfurt:EJK.F - News) announced today that its majority owned subsidiary, Sino-Canadian Metals Inc. has successfully completed the staff training and testing of its newly constructed metals processing plant that produces a nickel copper aggregate from ore that is to be supplied by local mines.
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As previously disclosed, the facility, owned by Sino-Canadian through its Joint Venture in China, is located in Qinghai Province and has been in development for over a year. The factory was designed and built to profit from the increasing shortage of base metals processing capacity in the region, and in China in general.
The plant is scheduled to operate 24 hours a day using three shifts with a capacity of 50 tonnes per day. The process mixes nickel-copper ore with several other raw materials, including coal, sulfur, iron, and limestone into its furnace and upon heating generates the primarily product, an intermediate form of Ni-Cu, that is Ni-Cu aggregate or iced Ni-Cu. The waste matter from the furnace is also sold as strengthening material for cement. Additionally, the raw ore used in the process contains small amounts of gold, silver, palladium and cobalt, and as such, these metals will also be produced and sold.
The Company is now preparing to launch a formal trial operation as soon as possible. The trial output of the Ni-Cu aggregate will be sent to our clients for further evaluation and pricing, with full production to follow shortly thereafter.
Victor Sun, CEO of Sino-Canadian commented, ``We have successfully tested the facility and have declared it operational. Lab results on the samples taken from local mines indicate very acceptable levels of profitability. The opportunity is excellent as it will be our first major source of immediate cash flow. And with nickel and copper prices rising dramatically in recent years and expected, as most experts forecast, to continue to stay at historically high levels, the potential from this undertaking is certainly not overstated.''
Mr. Sun added, and with caution, ``It is worth to note that, depending on yields and world metal prices even a small plant such as this can generate substantive ROI and if successful, we definitely intend to multiply our capacity and to replicate this type of facility throughout other parts of China.''
The Companies
East Delta Resources Corp. is a publicly traded Delaware corporation, headquartered in Montreal, Quebec whose primary activity is in mine development and production of gold. Through its majority owned subsidiary, Sino Canadian Metals Inc., it also participates in other mineral exploration and mining, specifically, silver, nickel, zinc and lead.
Sino-Canadian Metals Inc. is a private Delaware corporation, headquartered in Montreal, Quebec and 63% owned by EDLT. It is the intent of Sino-Canadian Metals to become a publicly traded company within the next 12 months.
The geographic focus of the Companies is China. With majority interest in several highly-prospective properties, experienced personnel, and an extensive network of contacts in China, the Companies are on-track in implementing their business plans and objectives.
Safe Harbor
Certain statements contained herein are ``forward-looking'' statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
Contact:
East Delta Resources Corp./Sino Canadian Metals Inc.
Victor Sun
(514) 845-6448
www.eastdelta.ca
East Delta Subsidiary Completes Testing of Its Chinese Facility for Producing Nickel-Copper Aggregate
Thursday May 15, 2:49 pm ET
MONTREAL, May 15, 2008 (PRIME NEWSWIRE) -- East Delta Resources Corp. (OTC BB:EDLT.OB - News) (Frankfurt:EJK.F - News) announced today that its majority owned subsidiary, Sino-Canadian Metals Inc. has successfully completed the staff training and testing of its newly constructed metals processing plant that produces a nickel copper aggregate from ore that is to be supplied by local mines.
ADVERTISEMENT
As previously disclosed, the facility, owned by Sino-Canadian through its Joint Venture in China, is located in Qinghai Province and has been in development for over a year. The factory was designed and built to profit from the increasing shortage of base metals processing capacity in the region, and in China in general.
The plant is scheduled to operate 24 hours a day using three shifts with a capacity of 50 tonnes per day. The process mixes nickel-copper ore with several other raw materials, including coal, sulfur, iron, and limestone into its furnace and upon heating generates the primarily product, an intermediate form of Ni-Cu, that is Ni-Cu aggregate or iced Ni-Cu. The waste matter from the furnace is also sold as strengthening material for cement. Additionally, the raw ore used in the process contains small amounts of gold, silver, palladium and cobalt, and as such, these metals will also be produced and sold.
The Company is now preparing to launch a formal trial operation as soon as possible. The trial output of the Ni-Cu aggregate will be sent to our clients for further evaluation and pricing, with full production to follow shortly thereafter.
Victor Sun, CEO of Sino-Canadian commented, ``We have successfully tested the facility and have declared it operational. Lab results on the samples taken from local mines indicate very acceptable levels of profitability. The opportunity is excellent as it will be our first major source of immediate cash flow. And with nickel and copper prices rising dramatically in recent years and expected, as most experts forecast, to continue to stay at historically high levels, the potential from this undertaking is certainly not overstated.''
Mr. Sun added, and with caution, ``It is worth to note that, depending on yields and world metal prices even a small plant such as this can generate substantive ROI and if successful, we definitely intend to multiply our capacity and to replicate this type of facility throughout other parts of China.''
The Companies
East Delta Resources Corp. is a publicly traded Delaware corporation, headquartered in Montreal, Quebec whose primary activity is in mine development and production of gold. Through its majority owned subsidiary, Sino Canadian Metals Inc., it also participates in other mineral exploration and mining, specifically, silver, nickel, zinc and lead.
Sino-Canadian Metals Inc. is a private Delaware corporation, headquartered in Montreal, Quebec and 63% owned by EDLT. It is the intent of Sino-Canadian Metals to become a publicly traded company within the next 12 months.
The geographic focus of the Companies is China. With majority interest in several highly-prospective properties, experienced personnel, and an extensive network of contacts in China, the Companies are on-track in implementing their business plans and objectives.
Safe Harbor
Certain statements contained herein are ``forward-looking'' statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
Contact:
East Delta Resources Corp./Sino Canadian Metals Inc.
Victor Sun
(514) 845-6448
www.eastdelta.ca
yeah looks like should be moving up again
you tell me?
too what??
great news on EDLT
EDLT news
EDLT - East Delta Subsidiary Completes Its Chinese Facility for Producing Nickel-Copper Aggregate
MONTREAL, Apr 17, 2008 (PrimeNewswire via COMTEX) -- East Delta Resources Corp. (OTCBB:EDLT) (Frankfurt:EJK) announced today that its majority owned subsidiary, Sino-Canadian Metals Inc. has completed construction of a metals processing plant that produces a nickel-copper aggregate from ore supplied by local mines.
The facility, owned by Sino-Canadian through its Joint Venture in China, is located in Qinghai Province and has been in development for over a year. The factory was designed and built to profit from the increasing shortage of base metals processing capacity in the region, and in China in general.
The plant is scheduled to operate 24 hours a day using three shifts with an expected capacity of 50 tonnes per day. The process mixes nickel-copper ore with several other raw materials, including coal, sulfur, iron, and limestone into its furnace and upon heating generates the primary product, an intermediate form of Ni-Cu, that is Ni-Cu aggregate or iced Ni-Cu. The waste matter from the furnace is also sold as strengthening material for cement. Additionally, the raw ore used in the process contains small amounts of gold, silver, palladium and cobalt, and as such, these metals will also be produced and sold.
Victor Sun, CEO of Sino-Canadian commented, "We are quite excited about this development, as it will be our first major source of immediate cash flow. The opportunity is excellent. And with nickel and copper prices rising dramatically in recent years and expected, as most experts forecast, to continue to stay at historically high levels, the potential from this undertaking is certainly not overstated."
The Company is now preparing to commence operations and has started training required staff and testing the facility. The launch and trial operations are scheduled for the end of April, 2008, with full production to follow within a month thereafter.
Mr. Sun added, and with caution, "It is worth it to note that, depending on yields and world metal prices, a small 50 tonne plant such as ours can generate annually up to $8,000,000 gross revenues. If successful, we definitely intend to multiply our capacity at this facility, possibly as much as tenfold, and also to replicate this type of facility throughout other parts of China."
The Companies
East Delta Resources Corp. is a publicly traded Delaware corporation, headquartered in Montreal, Quebec whose primary activity is in mine development and production of gold. Through its majority owned subsidiary, Sino Canadian Metals Inc., it also participates in other mineral exploration and mining, specifically, silver, nickel, zinc and lead.
Sino-Canadian Metals Inc. is a private Delaware corporation, headquartered in Montreal, Quebec and 63% owned by EDLT. It is the intent of Sino-Canadian Metals to become a publicly traded company within the next 12 months.
The geographic focus of the Companies is China. With majority interest in several highly-prospective properties, experienced personnel, and an extensive network of contacts in China, the Companies are on-track in implementing their business plans and objectives.
Safe Harbor
Certain statements contained herein are ''forward-looking'' statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: East Delta Resources Corp.
By Staff
CONTACT: East Delta Resources Corp./Sino Canadian Metals Inc.
Victor Sun
(514) 845-6448
www.eastdelta.ca
news East Delta Subsidiary Completes Its Chinese Facility for Producing Nickel-Copper Aggregate
MONTREAL, Apr 17, 2008 (PrimeNewswire via COMTEX) -- East Delta Resources Corp. (OTCBB:EDLT) (Frankfurt:EJK) announced today that its majority owned subsidiary, Sino-Canadian Metals Inc. has completed construction of a metals processing plant that produces a nickel-copper aggregate from ore supplied by local mines.
The facility, owned by Sino-Canadian through its Joint Venture in China, is located in Qinghai Province and has been in development for over a year. The factory was designed and built to profit from the increasing shortage of base metals processing capacity in the region, and in China in general.
The plant is scheduled to operate 24 hours a day using three shifts with an expected capacity of 50 tonnes per day. The process mixes nickel-copper ore with several other raw materials, including coal, sulfur, iron, and limestone into its furnace and upon heating generates the primary product, an intermediate form of Ni-Cu, that is Ni-Cu aggregate or iced Ni-Cu. The waste matter from the furnace is also sold as strengthening material for cement. Additionally, the raw ore used in the process contains small amounts of gold, silver, palladium and cobalt, and as such, these metals will also be produced and sold.
Victor Sun, CEO of Sino-Canadian commented, "We are quite excited about this development, as it will be our first major source of immediate cash flow. The opportunity is excellent. And with nickel and copper prices rising dramatically in recent years and expected, as most experts forecast, to continue to stay at historically high levels, the potential from this undertaking is certainly not overstated."
The Company is now preparing to commence operations and has started training required staff and testing the facility. The launch and trial operations are scheduled for the end of April, 2008, with full production to follow within a month thereafter.
Mr. Sun added, and with caution, "It is worth it to note that, depending on yields and world metal prices, a small 50 tonne plant such as ours can generate annually up to $8,000,000 gross revenues. If successful, we definitely intend to multiply our capacity at this facility, possibly as much as tenfold, and also to replicate this type of facility throughout other parts of China."
The Companies
East Delta Resources Corp. is a publicly traded Delaware corporation, headquartered in Montreal, Quebec whose primary activity is in mine development and production of gold. Through its majority owned subsidiary, Sino Canadian Metals Inc., it also participates in other mineral exploration and mining, specifically, silver, nickel, zinc and lead.
Sino-Canadian Metals Inc. is a private Delaware corporation, headquartered in Montreal, Quebec and 63% owned by EDLT. It is the intent of Sino-Canadian Metals to become a publicly traded company within the next 12 months.
The geographic focus of the Companies is China. With majority interest in several highly-prospective properties, experienced personnel, and an extensive network of contacts in China, the Companies are on-track in implementing their business plans and objectives.
Safe Harbor
Certain statements contained herein are ''forward-looking'' statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: East Delta Resources Corp.
By Staff
CONTACT: East Delta Resources Corp./Sino Canadian Metals Inc.
Victor Sun
(514) 845-6448
www.eastdelta.ca
there was alot less shares outstanding then but i do agree that .05 is way to cheap
what iam hearing this baby is gonna run
sounds good too me book value gotta be over $3.00 a share now
nice news looks good
PEMC
Pacific Energy & Mining Company Apr 15, 2008 09:30 ET
Pacific Energy & Mining Announces Reserve Evaluation
RENO, NV--(Marketwire - April 15, 2008) - Pacific Energy & Mining Co. (PINKSHEETS: PEMC) is pleased to update the shareholders on its Reserve evaluation as of March 1, 2008.
Net Oil Net Gas Future Net Future Net
(bbls) (Mcf) Operating Operating
Revenues Revenues
$ Discounted 10%
-------- -------- ----------- --------------
Proved Developed
Producing 117,000 248,000 $10,110,000 $5,438,000
Proved Behind Pipe 64,000 405,000 251,000
Proved Undeveloped 393,000 7,891,000 85,420,000 48,892,000
Total Proved
Reserves 510,000 8,203,000 $95,935,000 $54,581,000
-------- --------- ----------- --------------
The above "Future Net Operating Revenues" were based on $85 per barrel of oil (bbls) and $8 per thousand cubic feet (Mcf) of natural gas. The above evaluation was conducted pursuant to the guidelines for proved reserves promulgated by the United States Securities and Exchange Commission.
About Pacific Energy & Mining Company:
Pacific Energy & Mining is a diversified company that operates oil and gas leases throughout Utah. It also has non-operated interests in Utah and Oklahoma. The Company would also like to welcome all new shareholders present or future to visit our website at www.pemc.us.
Disclaimer
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or further changes make it clear that any projected results (expressed or implied) will not be realized.
Contact Information:
Investor Relations
Worldwide Financial Marketing, Inc. USA
Int'l 1 954 360 9998
US 866 360 9998
Email Contact
i have a bid and a ask of .06 x .09
the net revenue increased $1,565,106 or approximately 28%.
what news release?
yeah looks good
11 x 12
Pert .11 then we go to .12 with Hill and Ubss
yay finnaly
we gotta break though the .11 ask then we fly
when do you expect it
cant agree with you more
yeah were looking strong
NIce DD
ever since they joined on there has been alot more action also i have made some good money following these guys
let them sell were just taking it in
.08 x 11 hes cleaned out
yeah looking better every day
i think so
you picked a good week to hope