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Your right on the money Web, unfortunately....As always, time will tell
I believe IS to occur...Oct 9th if I am reading it right
RDG, I posted to too much of that message..I was wanting to just paste the exhibit A portion which was left out of Kidds message I believe.....sorry for the confusion to the board pasting the whole message.
Based off the accuracy of this information below I have a hard time believing this is corrupt.....IMO
The following described real property situated in Beaver County, State
of Utah, will be
sold at public auction to the highest bidder on May 1, 2009, at the
front entrance of the Fifth
Judicial District Court, Beaver District Court, 2270 South 525 West,
Beaver, Utah, at the
hour of 1:00 p.m., for the purpose of foreclosing that certain Deed of
Trust, Assignment of
Rents, Security Agreement, and Fixture Filing, dated May 25, 2007,
executed by WESTERN
UTAH COPPER COMPANY INC., as Trustor, to secure certain obligations in
favor of
BRIDGE LOAN CAPITAL FUND LP, ME CONSULTING SERVICES INC.,
JONATHAN B. WELLS, THE WENDELL GILE TRUST, and JOSH ROMNEY, each as a
Beneficiary, recorded in the official records of Beaver County, State
of Utah, on June 7, 2007, as
Entry No. 232286, in Book 407, at Pages 429 - 453 (the ATrust Deed@).
The current beneficiaries of the Trust Deed are BRIDGE LOAN CAPITAL
FUND LP,
ME CONSULTING SERVICES INC., JONATHAN B. WELLS, THE WENDELL GILE
TRUST, and JOSH ROMNEY, and the record owner of the property as of the
recording of the
Notice of Default is WESTERN UTAH COPPER COMPANY INC.
The Trust Deed encumbers certain real property located in Beaver
County, State of Utah,
which real property is more particularly described as follows (the
"Property"):
See Exhibit A attached hereto and by this reference made a part
hereof.
Each bidder must be prepared to tender to the Trustee a $10,000.00
cashier's check at the
sale and certified funds for the balance of the purchase price within
twenty-four (24) hours after
the sale.
Said sale will be made without covenant or warranty, express or
implied, regarding title,
possession or encumbrances.
DATED this ______ day of March, 2009.
Carolyn Montgomery
Successor Trustee
Callister Nebeker & McCullough
10 East South Temple, Suite 900
Salt Lake City, Utah 84133
Telephone: (801) 530-7313
Office hours: 8:30 a.m. to 5:00 p.m.
520322.1
EXHIBIT A
That certain real property situated in Beaver County, State of Utah,
more particularly
described as follows:
O.K. Copper Mine Lot 39 - Beaver Lake MD Beaver County, Utah
Chrysocolla M.S. 5248 - Beaver Lake MD Beaver County
Ben Harrison Mine, Ben Harrison Fraction, Chaleoprite, F.W., Fraction,
Gaveston Mine,
Galveston Mine No. 2, Galveston Mine No. 3, Mary 1 No. 1, Mary 1 No.
2, Klondyke No. 3,
Maud, May, Noun, Pronoun, Trojan, Variah, Verb, Wandering Jew-M.S.
5474, Township 27
South, Range 11 West, Beaver Lake MD Beaver County
Bulwer, Emerson, Florence, Francis, Hill Top, Iron King, Janice,
Johanna, Laffyette, Lake
Superior, Little Dick, Little Mildred, Michigan Boy, Van, Volney,
Wallace-M.S. 5481,
Township 27 South, Range 11 and 12 West - Beaver Lake MD Beaver County
From what website did you grab this? Maybe I can help clarify..
Nate how old is that posting if you don't mind me asking?
Hammer, very interesting indeed. This is very unfortunate. I'm somewhat nervous this could create a chain reaction in the community, you know, creditors jumping over creditors to secure their lien positions...IMO.....As always time will tell.
Requires a program..Allyaustin should be able to help you. I would PM her.
Well IMO, its a little tough to produce product when you have everyone sitting in the bucket of a 992.....least we know Dotson not a slave driver...
You can't. You must convert to a Jpeg
Wow.. NICE...BTW, where are the haul trucks in this pic? Don't we need some of these to move the con to the mill..IMO?
Well don't tell my granny that penny stocks suck......Granny owned a tech company a few years back that had a vision.....had some splits along the way but stuck with them because she knew they had a vision...she did OK...Not sure but I think the company was microsoft......Granny is enjoying life now..
Well thanks for stopping by BIG-BAD-RALPH! Come and see us again...
Anybody a member of bestdamnpennystocks.com ? I tried getting in..but too many filters at work.....
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Clean..never...I'm a newbie.....but I do have the bid/ask thing figured out....
Eye...2 turns on inventory is unacceptable in my book....but again...I kind of a hardball..:)
Tommy, its hard to be in the drivers seat at the negotiations table when your are in pain...i.e...no cash flow....If I was Sempra I would low-ball as possible, well, because, thats called good busines.....Like Dr. Kraus suggests, "You get what you negotiate"......
Well hammer its a fact we are sitting at .0094 for pps...Per the charts money still continues to flow out of this little debbie.......we just need the bleeding to stop....hardy harrr harrr harrr...
LOL..Clean, as always, don't buy till I pick mine up then I will give you the cue..:) Well since we are speculating, how do we know that the sempra contract has not been recently revoked due to lack of production?....Should we consider that as a possibility?
Like I've always mentioned in the past, this biz is a small sandbox. Doesn't take much to get kicked out and left twiddling your thumbs......as always, time will tell.
RDG, as with any business it all comes down to credibility and accountability.....and, well, no need to elaborate further on this subject..IMO
Eye well that kind of depends on what kind of inventory system you have online...LIFO, FIFO, etc, One must remember when your dealing with inventory, ROI is based from your inventory turns...so keeping a limited inventory on the books, keeps the bankers happy :)....as usual this is just my opinion..
Well being a Non-compliant pinky, how do you know our management team did not tell sempra what they wanted to hear...I mean offer all the warm and fuzzies...??
No worries.I will get in at the open...so jump in anytime after 7:31 a.m.......Just waiting for the rocket to lift off.....Holding tight!
eye....if you are a broker you need to know what you supply levels are..imo.....Its tough to "broker" without product...IMO
Clean, would you mind posting a copy of that contract so we can all have a looksie? Because if you don't, one would suggest you would be speculating with the rest of us to what the contract between sempra/cprk says/doesn't say...IMO
Clean, as you know, its all about delivering of the goods...either you can or you can't. Either your on the bus or not.... Not much else to say here. You must remember, companies always want to be on the supply side, never on the demand...:) This is what provides you with leverage in the marketplace.
I need to buy some cheapies in the morning, so if you could, please hold off on your order till I get mine filled.
Eye, yes, I was not able to find anything regarding quotas as well....however, if I was the CFO of sempra or the COO, wouldn't you want to have an estimate of what your expected revenues could/would be? I don't know you can manage a business? Now you get into resale on the sempra side? How does sempra go to their buyers and say, "Well I have a lot of copper for sale this year, but I really don't know how much its going to be"......Am I making any sense?
Hammer that is a very good question..however, here is my main concern...Everyone is so excited about this first PR showing the 1st shipment of con, but really, I'm more concerned about the 2,3,4,5,6 and that 7th shipment of con. How can we really be taken serious in this business if it takes us multiple months to ship a couple of truckloads. Soft start, medium start, 3/4 start, hard start, etc, really does not matter to the boys on the other end of the chain. Now my conern is, and righfully so, do you think we could be in breach of contract with Sempra? Hmmmmmmm Obviously, Sempra must have contracts to fulfill on their end? Please let me know if I am out in left field here. As always, the chain is only as strong as its weakest link!
Hammer you could be onto something here! I just can't imagine forking over cash before we even get our con check! This definitely would put a crimper on having access to usable cash. Hmmmmmm
Eye, Please don't forget to add hay for export to that mix of possible railroad cars...that area is well known for good quality alfalfa down there....Just don't forget about those farmers...:) Good luck to you.
Not much BL...just waiting patiently for the big con PR!
Hi Candy B! Say great DD. Just curious if you by chance know the name of this trucking company that is down on their luck by 17K? Kind regards!
NICE POST No_BS! Agree
Unusual volume this morning, especially being so early in the day...HMMMM
Right behind you! Can't wait to add more! GO SPNG!
Their are some "key" words in their if you would to try and pick them out...