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Looks like someone is accumulating a little this morning...eom
WOW! Its all these cortellazzi companies do is REORGANIZE........NAME CHANGES..SYMBOL CHANGES.....add new officers.........add new financing.....then cancel it..........merge with someone.......then cancel it.........then wait a few months and do it all over again.......after a few shares have changed hands of course.........
anyone for .04 range on UMNG TODAY? I wonder who got suckered with the spread this morning?
LOI? LOL! FWD looking fluff BIG TIME........and notice no TICKER SYMBOL associated with AMERICAN URANIUM MINING COMPANY? Hmmmmmmmm........
Very interesting indeed, any way to find out if IZZA was officially notified? Got an email address one could use to see if any legal action has been taken against them? Gosh maybe someone was not comfortable with the Mobile Home at 61 shady tree lane?
IS VFIN hanging around on RSDS or UMNG? TIA
FLUFF-N-STUFF and my comments...of course!
U Mining Resources Inc. Announces Imminent Nominations of New Board Members and Line Officers
Wednesday June 27, 8:30 am ET
***TRANSLATION***--More Money and shares to give to there BUDS in CANADA! To all the shareholders in UMNG....How do you think they are going to pay these people? I am curious what the response will be on that since the company has ZERO REVENUE...maybe the aggressive share buy back will pay for them? I mean come on folks, between monday and tuesday they traded a whopping 300,000 shares TOTAL! and the PPS DROPPED! does that look like an AGGRESSIVE share buy back that started on the 22nd of JUNE to you?
The Company Is Now Well Positioned With Its Territories; Laurentide 1 and 2, Chibougamau, Ungava Bay 1 and 2, in Northern Quebec and U.S. Toiyabe Peaks
NEW YORK, NY--(MARKET WIRE)--Jun 27, 2007 -- U Mining Resources Inc. (Other OTC:UMNG.PK - News) today announced the imminent nomination of new Board Members and Line Officers.
***The NEW BUZZ WORD at UMINING! IMMINENT! Is that the same as AGGRESSIVE SHARE BUY BACK which supposedly started on the 22nd of this month?
Seeing as to how U Mining Resources Inc. has grown at a faster rate than expected with high quality properties in three different areas of Northern Quebec in the Uranium field, and pursuant to the recent addition of the 50% Venture agreement in the Nevada Property Toiyabe Peaks, the present Board of Directors has determined that additional members must be obtained to support the active progression of the Company. During the past few weeks management has interviewed several candidates to fulfill necessary needs of the Board and to identify highly experienced individuals to act as line officers. These candidates will meet the demands required for a continuous steady growth and obligations of a reporting Company.
***Sure it will buddy......will they have two names? or NO NAMES?
The NI-43101 report requested for Laurentide 1 and 2 properties is due shortly which will have an immense impact on the Company, meaning value concerning both share price and company value. It was noted by our explorers that Uranium Claims have now become a scarcity in North America. For this reason we are more than pleased with our present Uranium assets. Once having obtained NI-43101s in all areas and with Scope of Work Directions from the Geologists this company will be well situated amongst other uranium companies.
***FLUFF...fwd looking and NO NAMES of the GEOLOGIST..still.
For more information on U Mining Resources Inc, please visit the Company's corporate website at www.umining.com, and/or speak with one of the Investor Communications Representatives at U Mining's Investor Relations firm Equiti-trend Advisors. Reps are available on market days from 9:30 a.m. to 5:30 p.m. EDT by calling (800) 953-3350.
Forward-Looking Statements:
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
Investor Relations:
Equiti-trend Advisors
(800) 953-3350
http://www.umining.com
****Another worthless PR with NO SUBSTANCE, NO NAMES OF ANY COMPANY OFFICER, NO FORM 10 STILL, NO N.I. 43-101......Its getting worse by the minute folks........
Lexit the IZZA minerals site is off line again.......
THE POS LIST BY ICEMAN
CKYS
RSDS
UMNG
HRRN
MRES
COHG
Caution is extremely advised when looking at investing in any of the above folks........money can be made in any stock if you are quick but if you are looking at investing long term.......the above is not recommended.........
UMNG.....................................................
"NEW YORK, NY--(MARKET WIRE)--Jun 22, 2007 -- U Mining Resources Inc. (Other OTC:UMNG.PK - News) announced today that management has decided to initiate an aggressive Stock Buyback program of its trading shares in order to overcome continuous illegal short selling positions commencing with the announcement of this press release."
SOURCE:http://biz.yahoo.com/iw/070622/0269835.html
Can anyone tell me the amount of shares that have been traded in UMNG since the ANNOUNCEMENT of this AGGRESSIVE STOCK BUY BACK PROGRAM that COMMENCED on JUNE 22,2007?
And How has that affected the PPS since June 22nd?
UMNG now .06 X .062! Looks like .05 range coming quicker than I anticipated..........that share buy back is doing wonders for the PPS!!!!!!!
Does this mean they will be moving out of the MOBILE HOME?
And that BLOCK BUSTER NEWS has resulted in a WHOPPING 1100 shares traded! WEeeeeeeeeeeeeeeeeeeeeee..........
The market is not impressed with the Canada connection no matter what they PR...they can create companies........spin off companies..........merge with each other and no one cares.......everyone has figured out its the same bunch of knuckleheads creating websites and Pumping out fwd looking PR's which never result in anything but a dropping PPS............blue I guess Miss Reynault must have gotten upset some thought she was a man........
I guess when people find out your corporate address listed was a mobile home in a mobile home park in carson city nevada they tend not to put much weight in the PR's anymore........
UMNG share buy back.........yesterdays volume low and off to a slow start today as well......the PR did not state how many shares? or when this would begin? Guess they covered there tracks on that one......the company could buy back a total of 1 share and say they did what they said they would in that PR........and will have done nothing wrong legally.........the PPS continues to drift south on this one........and its new supposed PARTNER ABVG is suffering the same fate recently......RED AS WELL........
FCCN is also slipping again today.......
Anyone know the Due out date on the NEW BIOBOX-007? TIA
Home Depot and SMARTSCAN on the HORIZON folks.......and as a Reminder to the board.......Vulgarity in ANY FORM is not permitted here....Thanks for your cooperation........
tallrob
sorry to hear about the PUSH BACK on the Reverse merger that was supposed to happen......as far as the PPS coming back well it looks like it is sinking again......about 30 minutes left in the trading session and I anticipate a further decline, it will most likely close in the sub penny range.....we will see...........
What problem are you referring too? and what has been hidden? seems it is spelled out pretty clearly in the 8k......anyone capable of understanding the English language can simply read it and make decisions based on that information.......pretty simple actually........
For comparison purposes on what is HIDDEN and what is not.....
SQUM
CEO-Nicholas VandenBrekel
UMNG
CEO-Unknown...the company wont tell you....
SQUM
ShareStructure--Just call....very friendly and do not even ask who you are.....they just give out ALL the information..
500 E. Warm Springs Road
Suite 240
Las Vegas, NV 89119
Tel: 702 361 3033
Fax: 702 433 1979
Pacific@pacificstocktransfer.com
http://www.pacificstocktransfer.com
UMNG
Sharestructure
Apparently you need to fax your personal information and even then you will only receive some information from the T/A.......IMO that is GAGGED........
SQUM
Fully Reporting.....the NUMBERS are REAL.........its in black and white for all to see.
UMNG
Pink Sheet who has claimed on more than one occasion going back a couple months now that they are going to file a Form 10 and up list.......Still nothing.
SQUM
PR's
Here is an example of the Company officers stepping up and being quoted in the PR's the company puts out......
http://biz.yahoo.com/iw/070507/0249257.html
UMNG
Company continues to put out PR's with no company officers name on them or even quotes from any company officials......whoever they are........the last PR put out by UMNG did have a quote from abvg officer but by doing a little research I found out that Quote was just taken from an earlier PR put out by ABVG.....word for word.......why wont the company officers put there name on anything they SAY they are doing?
One other key thing to point is that you can go as far back as feb and see that SQUM is still trading in the same range it was back then.......steady and holding....while moving forward on many fronts......REvenues increased over 500% on product sales and its all in their filings.........
As for UMNG when you go back to feb you will see the stock was trading in the .30 range and what has the company accomplished since that time that is VISIBLE to the investors? A sinking PPS which is now in the .06 range, a symbol change and a name change......other than that I dont see anything of substance that UMNG has produced.......no revenues.......No Form 10, NO N.I. 43-101 all of these things which were pr'd but of course the only one to blame for them not happening is.........THE MANAGEMENT as no official placed there name on those FWD looking PR's.............and now you can see why.....because they have done NONE OF IT......and the PPS reflects that NOTHINGNESS................
Why is the PPS tanking today? TIA
Yes just BLOWN way out of proportion by a select few who have not provided any valuable DD here........those of us that understand what is transpiring.........and what has transpired are holding and adding shares........as evidenced by the volume today.......todays trading activity is no different than what it has been for months..........but of course they knew that.....of course I would like to see the PPS headed north today vs south but like I said this has fluxuated in this same range for months now...........no alarms are going off and no conspiracy theories in the works.....bump in the road for management but business as usual with the over 200 resellers of sequiam products and the pending rollout of the smartscan lock on the horizon!
It will be interesting to see where the PPS is next monday vs this monday.......care to guess? This sounds fun.......lets living it up a little here..........
Guess the PPS for SQUM next Monday at the closing BELL......Please copy and past this post inserting your guess as I have limited posts now that I am a FREE member on IHUB...
Will ICE BE RIGHT........AGAIN?????????
ICEMAN1CO
.24
chunky
that is the question I have been asking..........
How can a company with ZERO REVENUE buy back shares? and also how many shares are they going to BUY BACK? they seem to have left that little detail off of the PR? LOL!!!!
I agree with you 100%! No share buy back will be taking place..or none that will benefit the shareholders in any way shape or form that is.........
Cortellazzi has a HISTORY of putting out PR's about share BUY BACKS in many of the companies he has been associated with and if you go look at how well that panned out for investors you will see that this PR is just more of the same........a FWD looking joke with no substance...........just another attempt at hyping the company it wont shock me if they never mention it again......
Just like they will probably never mention ABVG again and just like they never mention ETHANOL anymore.........
This is in downward spiral teetering on the .05 range now! Do share buy Backs usually drive the PPS lower?
ralph
Exactly, and the trading you see today is no different than what we have seen over the past few months...low volume and slight fluctuations in PPS.......its in a holding pattern waiting to launch IMO......
The 8k was used by some to shed a negative light and some thought catastrophe had struck.....and as you can see the smart investors know what they hold and continue to do so..........
this is going to be a good investment and congrats to those who have picked up some shares on the slight dip today..........I wish I would have added today but oh well..I am still green here and anticipate much greener in the coming months.........
FCCN TANKING!!!! down -29.63%!!!!!!!!eom
UMNG SHARE BUY BACK IN FULL SWING!!!!!!! JUST LOOK FOLKS! 22,449 shares traded today! Can anyone tell me how many of those shares were BUYS?
AKA must of broke out the Piggy bank.............share buy back......what a crock!
Now thats the Definition of strong hands folks.....seems we have knowledgeable investors holding here and that 8k is a non-event......
Home DEPOT HERE WE COME!!!!!!!!!!
And I cant make my response any clearer.........ASK BERMAN! and where has the DILUTION always come from with this company? Like I said......enough for me on this issue......dilution is......and has been occuring.......if you choose not to believe it........then don't ..........I could care less frankly.......RSDS is a DILUTED PIG and will continue to be a DILUTED PIG with very suspect information surrounding like NASD letters etc..........it is a very poor choice to invest in that company in my opinion but if you choose too then I suggest you start asking some of those more important questions of the CEO berman instead of trying to get someone to explain it to you on a message board.......he controls the value of your investment.....know one here does..........unless of course berman is posting on the message boards........which would not shock me.........
dak
are you new to trading? not trying to be argumentative here but the DETAILS as you put it are not relevant, but if you need them I suggest you talk to berman about it...........
the FACTS are the A/S is 2 BILLION shares...........and the O/S is at that same level now...........they burned through that billion shares like it was butter! leaving them no choice but to now Reverse Split the stock or do another A/S increase and continue the DILUTION.........no one except you seems to be disputing the DILUTION on RSDS......it is common knowledge and I am a little shocked actually that you dont believe its true.....perhaps righty or makesomegravy or johniraq who you may trust a little more could explain it to you......i am positive NONE of them would suggest DILUTION is and has not been occurring........
And you can bet DILUTION will continue if you just look at the reality of the situation as well........just ask yourself..........how is RSDS generating any revenue at this juncture? and how have they generated revenue in the past?
The SALE OF SHARES........and lots of them.........its called DILUTION.........thats enough on that subject for me today dak......if you need further clarification I suggest you check with Berman or the mods on the RSDS board....they will set ya straight..............
??????????
WHAT???????? The DILUTION is common knowledge on RSDS.......Berman increased the A/S to 2 BILLION shares and then BURNED through that additional billion shares at a record pace...now you are staring at a Reverse Split........of course some will justify the NEW share structure as a GOOD LONG TERM move but one only need look at bermans history of stock splits and how that affected shareholder value in the past.........
If you do not believe DILUTION has been occurring just send berman an email and ask him......this is going to be an ugly week for RSDS in my opinion...........
Those gains are meaningless to anyone who bought in february,march,april,may and june of this year.........the PPS was in the HIGH .30 range and now sits in the .07 range headed back down where it was before jan 24th.......which was around .01 range........
I dont think most folks owned shares prior to jan 24th...and then with the Hype I would guess whatever shareholders are left bought way above the current PPS and are waiting on the NEXT pump to DUMP and recoup losses.........lets face it........the company continues not to do what it said it would.....and that has damaged investor confidence.........can anyone answer the question of HOW MANY shares the company plans to buy back? NOPE! they conveniently left that detail out of the PR........Go figure...and carefully wording of the PR lets them off the hook should they never buy back one single share.......but of course AKA and the gang knew that...........its what they do........and have done in other companies.........cortellazzi has a history of announcing share buy backs in the companies he has been involved with.......and not one of those companies has proved to be a good investment...the story was written here long ago......they probably have a little schedule on the wall at 1212 redpath which tells them what type of PR to put out and when.........if cortellazzi really wanted to make some money he should write a book..............
He could title it...........HOW TO SCAM AMERICAN INVESTORS.......OVER.......and OVER.....and OVER AGAIN!
loanstew
I agree, it is nice they are reporting and people can make choices based on what has transpired, I do hope there is some explanation or guidance on this issue in the near term, I do however acknowledge what has transpired in the last 6 months and that is GROWTH and Partnerships which is very positive going fwd..
How does that saying go?
Totally COMFORTABLE AND AT EASE!
Loanstew
That appears to be an ongoing issue here and elsewhere, DD offered up as facts such as stating DELAYS when no DELAYS have transpired yet.........I believe kwikset stated the smartscan lock would be available in JUNE.........Is JUNE over YET? last time I checked it was not........I guess some of us are just operating on a different level and in a different world.......its called REALITY............
I think CKYS announced a buy back PROGRAM as well......I wonder how many other scam stocks have announced a buy back program which never proved out to increase shareholder value?
any guesses on who may have been running some of these companies? Its a RINSE and REPEAT cycle folks........
Looks like ole cortellazzi has done this in about EVERY company he has worked for and can anyone explain how those companies are doing today? and how those share BUY BACK PROGRAMS WORKED out for the INVESTORS?
Coastal Holdings, Inc. Assures Investors of No Reverse Split of Shares
THURSDAY, DECEMBER 09, 2004 9:02 AM
- PrimeZone
HOUSTON, Dec 09, 2004 (PRIMEZONE via COMTEX) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ), a leading edge global technology holding company, announced today that it has passed a resolution stating that it will not perform a reverse split of its issued and outstanding shares. In addition, the Company confirmed its intention to buyback and retire a significant number of shares in the coming year. These initiatives are in line with the Company's commitment to maximizing shareholder value. CEO Andrea Cortellazzi stated: "We are taking these steps to maximize our share value and position the Company for future growth in the biotechnology industry.
HOUSTON -- CortDev, Inc. (CDVJ: Pink Sheets) is pleased to announce that the stock repurchase plan is progressing as per schedule. According to the July 20 press release, the Company intends to repurchase up to an aggregate maximum of 100,000,000 shares of common stock during the next quarter. CEO Andrea Cortellazzi stated, "We will continue to repurchase shares and may increase the amount that we originally intended to buyback. We believe the shares are currently undervalued given the bright future of the Company.
HOUSTON--(BUSINESS WIRE)--March 31, 2004
ProActive Computer Services Inc. (PAVP: Pink Sheets) will launch a share buyback program as early as next week, Chief Executive Andrea Cortellazzi said on Wednesday. The company will seek to repurchase its shares due to management's belief that the price is far below other real estate development companies on a projected price-to-cash-flow basis. PAVP projects revenues from operations to reach approximately $3.5M by the end of 2004. This is forecast to be generated, following the construction of the hangar and adjoining structure, from leasing contracts signed with tenants and the fuel farm to be installed at St. Hubert airport.
Well it appears you were right ROI and Lexit....market not impressed with Supposed buy backs when
1. The Management did not announce HOW MANY SHARES would be bought back?
2. What the CURRENT SHARE STRUCTURE is........
3. Access to CURRENT SHARE STRUCTURE IS........RESTRICTED.....GAGGED T/A
4. No Company OFFICER NAMES on that PR........
5. Fwd Looking and missed Deadlines on N.I. 43-101 and still No FORM 10
6. And the PINK sheet EXCUSE of "ILLEGAL SHORTING" to fall back on as the PPS falls.........again today.........already in the red to start the trading session off.........
7. No NAME Of the INSTITUTIONAL Party? gee thats a shocker!
8. And the announcement of FRIENDLY SHAREHOLDERS in this PR and their SUPPOSED participation in this BUY BACK has to have a few folks very concerned on what is being shared with SELECT shareholders..........sorry folks but that is FLAT out a violation of SEC rules and insider information........How long ago did these shareholders know about this PR? did they BUY shares based on it? did they share the information with others behind the scenes? very concerning going forward folks.........very...........
And behind curtain number 1 is...........
U Mining Resources Inc. Announces Initialization of Company Stock Buyback Program
Friday June 22, 8:30 am ET
Updates on Filings and Corporate Development Strategy
NEW YORK, NY--(MARKET WIRE)--Jun 22, 2007 -- U Mining Resources Inc. (Other OTC:UMNG.PK - News) announced today that management has decided to initiate an aggressive Stock Buyback program of its trading shares in order to overcome continuous illegal short selling positions commencing with the announcement of this press release.
This buyback program is taking place in conjunction with an institutional finance group currently working with the Company and combined with a group of friendly UMNG shareholders who will be buying stock on a daily basis on the open market.
Management stated, "This action reflects our strong belief in the fundamental value of the Company. At current prices, we believe our stock is undervalued and that it represents an attractive investment opportunity. We believe Uranium prices will continue to increase and management will keep securing and acquiring strategic Uranium territories. We are building our asset base while conducting geologic reports and lab tests to measure the value of our proven resources."
Management is currently waiting for the imminent release of its NI-43-101 reports on Laurentide 1 and 2 properties. U Mining can then make a final decision on the closing date of the audited financial statements in preparation for filing form 10 to up list on the OTC.BB
More information on this and other pending matters will be made available to shareholders on a timely basis.
For more information on U Mining Resources Inc., please visit the Company's corporate website at www.umining.com, and/or speak with one of the Investor Communications Representatives at U Mining's Investor Relations firm Equiti-trend Advisors. Reps are available on market days from 9:30 a.m. to 5:30 p.m. EDT by calling (800) 953-3350
***WOW!! More FWD looking GARBAGE..........no names of any company officials in this PR...........and now we have the EXCUSE of "Illegal SHORT SELLING" being offered up by manangemant.........
Does anyone find it ODD that some FRIENDLY shareholders were and are privy to this BUYBACK program? How long ago did these FREINDLY shareholders have NEWS of this PROPOSED BUY BACK PROGRAM? Is not that INSIDER INFORMAION? Were and are some of those FRIENDLY shareholders posting on MESSAGE BOARDS? I have Never seen such a thing put out in a PR........very strange and I would think that the SEC would want to review who these FRIENDLY shareholders are and also would want to know why they were permitted to know before everyone else about this SUPPOSED event........I did notice that the CURRENT SHARE STRUCTURE as of today was not offered up in that PR? Offering to do a share buy back but then restricting access for ANYONE to check the share structure is kind of pointless.......how will anyone know it is happening?
and at least they did mention the form 10 and N.I.'s but the story is different now and just forward looking.......it will never happen folks........there will be en excuse........a change in game plan or business plan and or blame placed on the NEW "ILLEGAL SHORT SELLERS" for the drop in PPS here.......now they have the EXCUSE and the DEFLECTION when the PPS continues to fall........
I still cant believe the MANAGEMENT put out in a PR that SOME FREINDLY shareholders will be participating........that is some freaky stuff...............I think that is about as illegal as it comes when looking at insider information.......I think the SEC will want to know who the MANAGEMENT was sharing this information with and who is supposedly participating...........furthermore who are the suckers who have bought into this share buy back plan? and did you notice they used the word INSTITUTIONAL as HYPE but did not NAME the instition?
Names see to elude the MANAGEMENT here unless they have more than one of them they can use............
It will be interesting to see how this trades today......but more interesting to see how the SEC reacts to this "FRIENDLY" shareholder participation in the SUPPOSED buy back..........of course if you have not figured it out by now I do not think this will happen.....its all fluff and hype going into the canada holidays etc...............
Have a good day everyone..........AKA you may have stuck your foot in a little too deep this time.........
way to stay on top of things chunky! looks like the boys are covering tracks.........one minute the canada connection is part of the PROJECT PORTFOLIO for trimax and then POOF! GONE! and then the website quietly disappears.......another website that is no longer available is coastalholdings.com for cohg......have not seen a PR for a new website......but maybe lexit has already posted about a new CANADIANBLUEGOLD website.........these guys just keep changing things up........ticker symbols..........names of the companies.........officers.......named and un-named...more than one name...........you NAME IT! LOL!!!!!!!!!!
its just a big merry go round of share swapping and dumping in these companies..........never to produce what they have PR'd.......they just put out more PR's about pretend mergers......acquisitions.......then cancel them and start the whole process over again........leaving bag holders at every level..........one day the authorities will catch up with these guys......its just a matter of time...........
option C but with a twist.....they will say it is for a NEW direction and NEW BUSINESS plan........again............and then when it does not pan out........BOOM! they will blame whoever......todays PR means NOTHING folks.....WHY? take a look at the COHG PR about a MERGER/Acquisition being COMPLETED!! then a month later they CANCELED it..............I anticipate the EXACT same SCENARIO with ABVG.........the only thing that will happen between these two companies is PR's with no names on them from anyone from UMNG..........and maybe a name from someone from ABVG but as you saw today the QUOTE was a cut and past job from the June 13th ABVG PR!
Pretty weak stuff......but consistent with what cortellazzi and aka have been doing all along.........
BOARD MARKS? is that how you do your DD on a stock is by the IHUB board marks? How many board marks does CKYS have? and how did that pan out for the investors in that stock? nuf said
Great post loanstew and does anyone have the corporate address of ABV gold? Email address etc........
well my posts are being deleted one after the other on the ABVG board so I will stop posting there for now.....all on topic posts by the way..........here is a copy of my last post which I dont imagine will last very long..........have a good day everyone.....
WEll analog could you please tell everyone who the CEO of UMNG is so they will know who they are dealing with? if you know why not share it with the ABVG shareholders? Did you also tell them that UMNG has yet to produce ANY N.I. 43-101's on its OWN CLAIMS? I mean lets be serious here........how can the shareholders have confidence the N.I.'s will be completed by Umining when Umining has not even produced one of its own?
Can you tell the ABVG shareholders the NAME of the Geologist who will be conducting these N.I.'s for them or tell the name of the Geologist who has done them for Umining Resources?
I think that is valid information they would want to know dont you?
If you have a deck built on your house do you check references firts? Do you find out the HISTORY of who is working for you? I think it is very important the shareholders know EVERYTHING about Umining resources inc. and the people associated due to the PR today........
With that said the PPS is a vote of NO CONFIDENCE on both UMNG and ABVG today.......ABVG would have been better off not getting involved with Cortellazzi and AKA michaels......it is now a stain on ABVG and if they were smart they would shed this relationship as quickly as possible......
Lexit
Take a lOOK at this...........
This is the QUOTE taken from todays UMNG PR..........
"ABV Gold Inc is entering the production phase on the Dun Glen property," said Daniel F. Ryan, President of ABV Gold Inc. "The report written by Murdaugh and Jones indicates that we have reserve in excess of 288,000 ounces of gold with potential for a significant increase in that number. This means that the gold in the ground represents a potential revenue source of $186,336,000 for the company," commented Mr. Ryan"
***Its a copy and paste job from there June 13th PR!! LOL!! UMNG cant even get an original Quote from the parties involved......
http://biz.yahoo.com/iw/070613/0265565.html
of course your are.......we have heard all that garbage before dog.........at every PPS level dropping from .30 range down into the .05 range today! I doubt any long is COMFORTABLE at this juncture.........thats just silly......