MINE Fri, Sept 9th, 2011
Ladies And Gentlemen. After our most recent explosive winner we are pleased to bring you our next hottest alert.
This will be an alert that may surprise many investors......
The Charts also Indicates Parabolic is on its way.........
The company just filed an 8K yesterday evening bringing a total of 2 filings in less than 2 weeks! This makes us certain an acqusition or funding could be on its way. We all saw what happened with TRDY when it shot up from .0010 to 02+ cents. The potential here is just incredible. Grab a piece of this golden gem on what could possibly be one of the next biggest winners of the year.
And The Alert Is.................
MINE (MINERCO RESOURCES INC) .0026
OTCQB - PINK OTC MARKETS INC
Bid .0026 Ask: .003
Target: 01+to 02+ cents potential ( short term)
Security Details Share Structure
Market Value1 $703,684 a/o Sep 02, 2011
Shares Outstanding 439,802,202 a/o Jun 14, 2011
Float 155,752,202 a/o Feb 14, 2011
Authorized Shares 1,200,000,000 a/o Feb 14, 2011
Minerco Resources, Inc. is a development-stage company. The Company is a progress developer, producer and provider of clean, renewable energy solutions in Latin America. The Company participates in and invests in development projects with other companies in clean, renewable energy projects. On May 27, 2010, the Company acquired 100% of the six mega-watt per hour (MWh) Chiligatoro Hydro-Electric Project (Chiligatoro) in Intibuca, Honduras, California.The Project is classified as a run-of-the-river project and is in the feasibility stage of development. The Company was previously engaged in the acquisition of interests and leases in oil and natural gas properties.
The company recently submitted a Form 4 stating that the CEO and CFO own shares of the company stock.
The CEO Now Owns 178mil shares of the common stock. The CFO Now owns 107mil shares common stock: The filings can be seen here below:
http://www.otcmarkets.com/ edgar/GetFilingHtml?FilingID= 8131126
http://www.otcmarkets.com/ edgar/GetFilingHtml?FilingID= 8131128
With a Global Water Crisis and MINE (Minerco Co. ) has contracts with Honduran Government with Spring water access
Minerco Resources, Inc. Receives Water Contract From Honduran Government for the Chiligatoro Hydro-Electric Project
Minerco Resources, Inc NEW Common Stock (OTCBB:MINE)
Minerco Resources, Inc. (OTCBB: MINE), a progressive developer, producer and provider of clean, renewable energy solutions in Latin America, announced today the company has received the Water Contract from the Honduran Government for its Chiligatoro Hydro-Electric Project.
The Chiligatoro Project's Water Contract, approved and granted by Secretaria de Recursos Naturales y Ambiente ("SERNA"), Honduras's Natural Resources and Environmental Ministry, assigns the rights to exclusively exploit the National water rights of the Chiligatoro and Grande de Manazapa Rivers by the Chiligatoro Project. The Water Contract is attached to the 30 Year Operations contract and is renewable with the Operations Contract. The Water Contract, in conjunction with the Operations Contract, allows the Chiligatoro Project to be formally submitted to Empresa Nacional de Energia Electrical (ENEE) for Power Purchase Agreement (PPA) and National Congress for Final Approval and National Registration.
As previously released, the Intibuca Municipal Environmental Unit and the local communities and municipalities have formally approved the Chiligatoro Project. The Environmental Impact Study has been submitted and is pending approval from SERNA, Honduras's Natural Resources and Environmental Ministry. The Honduran National Commission of Energy has approved and SERNA has signed the 30 Year Operations Contract for the Chiligatoro Project.
For a step by step look at the approval process in Honduras, visit our website at:
www.minercoresources.com/ process.php
"SERNA's approval and execution of Chiligatoro's Water Contract is another milestone in the approval process for our Chiligatoro Project. We are very confident in the Project's future and look forward to working closely with the Honduran Government in completing the remainder of the approval process for our Chiligatoro Project," said V. Scott Vanis, President and CEO of Minerco.
I think with recent filings of 8k and form 4 we should see a pretty good rally the company just submitted its 8k filings late friday and has pending news on Water and Energy contracts, there is no secret that we are in a water crisis and also energy crisis we may see these stocks bode well in the near future:
Video on Global water crisis: http://www.youtube.com/watch? v=n1gsyhuHGgc
Link to financials: http://www.sec.gov/cgi-bin/ browse-edgar?company=minerco& match=&CIK=&filenum=&State=& Country=&SIC=&owner=exclude& Find=Find+Companies&action= getcompany
The Charts SAR looks to be flipping over and a major reversal is set to take place.
With insiders holding over 350 million shares it's obvious to us they would want value in their MINE stock and see the pps at much higher levels. Also at historic lows, with that much risk is thrown out and at minimum this should see a sharp bounce when bottom is confirmed. I think tomorrow will be a confirmation day to see if a new uptrend is underway.
We feel that this company which is extremely transparent and provides regular updates along with their small share structure could bring solid gains for our VIP team. Remember the CEO owns 1/3rd of the shares so it's quite easy to see this stock go past 01+.
Good luck and happy trading.
Regards,
Penny Stock Geeks
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