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Howard,
Did they erase one of your posts on the umng board? Did you have any other valuable information?
Thanks
I think the Africa story is too crazy to be false. em
Do any of you other than Howard believe the Africa deal is real?
I bought a few more today. em
hit another new high today. em
Whats a bottom buster? Busting lower or busting higher from a bottom?
cost average down em
We hit ALOT of oil. Stock should start to sky rocket. em
The ball is in their court, we'll believe it when we see it.
.10 here we come. em
What do you guys think...bottom is between .015 and .02??
Do you actually believe that about John and his shots??
Why couldnt they give us the amount of projected revenue from this project?
"To conclude the year with momentum, we negotiated a milestone contract in West Africa. This contract calls for U Mining to earn significant revenues in various stages; the projected revenue from this contract is at a level almost unheard of for a young and emerging Company like ours."
This is too funny. Whenever the company puts out a press release the stock goes DOWN. When the company doesnt put out any news, the stock climbs up!!
Interesting quote:
"To conclude the year with momentum, we negotiated a milestone contract in West Africa. This contract calls for U Mining to earn significant revenues in various stages; the projected revenue from this contract is at a level almost unheard of for a young and emerging Company like ours."
More interesting news today. em
Run is far from over!!
The big unknown, and someone can clarify this for me if im wrong is who has what shares. There are 100,000,000 authorized, approximately 94,000,000 outstanding of which approximately 33,000,000 are in the public float. Does that means that there are about 61,000,000 shares held by management and other insiders? I would like to know how many shares the insiders hold. If they still hold the majority of the outstanding shares that can also mean that it is in their best interest to grow this company and gets its stock price as high as possible. If there is still only 33,000,000 in the float then I'll tell you right now it wont take much buying pressure to get this stock a lot higher.
Howard,
Dont you think if it was really going to happen this time, those who really knew that would be loading up on this stock?? I mean if they honestly thought this company had a deal worth billions, wouldnt this stock price be climbing now instead of sleeping below .02 cents? With this company's share structure, a deal in the billions can mean a stock price worth much more than $10.00 a share!!!
Howard,
Are you saying the company now has a China connection? Are you getting your information from Ryan Kramer from equiti-trend?
thanks
interesting, very interesting. A good is: why would umng's ceo emphasize that "he" is taking responsibility for the privacy. I doubt he would be putting his name out there like that if it wasnt a real deal. I think they might actually be on to something here, because I know that the consequences of another false story are sub-penny for this stock.
I just recently bought in. I think we are going to see the stock price start its climb.
LOL. Let me know if you still believe that after next week.
I think a nice run is coming. em
I was told actual production officially started earlier today.
Lets now see how much.
Penny land hardly ever gets impacted by the major markets. Actually, when the main market goes down as a whole, the pennys usually perform much better.
Equiti-trend was given another 5,000,000 shares to promote this bs. They are being mislead by these con-men and I personally believe they know it too. Since they have 5 million + shares you can bet they are going to play right along.
Come on howard, you know. They should have been embarrased to put that on there. Typical penny stock scammers. You would have thought they would have made it look a little more authentic!! Thats what I think. I am filing a complaint with the SEC. Purposely misleading shareholders with fantasy projects that they darn well know will never come to fruition. I am also writing a letter to the sec. Lets get Cortellazi and gangs testimony!! Lets see where these shares have been going. Lets get depositions from the people on the other end of these so called business deals.
What did you guys think of the updated website? Especially the operational plan for 2008?
As far as yesterday goes, if the stock price fell that much on a few hundred thousand shares traded, I would hate to see what happens if I sold all of my shares.
Insiders arent buying because they are loaded with preferred shares.
Any predictions for today?
95,000,000 shares outstanding.em
Its also called stock manipulation. Hardly any volume at all for such a drop. current price is .011 with a bid of .013 and an ask of .015????
Down on low volume. em
Howard, thanks for the pm.
I personally have been waiting a long time for this company to get the ball rolling. They are finally doing that. Their first well had several break-downs which along with some terrible flooding that OK experienced this past summer into fall caused delays for months, but none the less their first well is finally completed and a success. The company is already preparing the ground for its second horizontal well. I can see us moving much higher here, say between .05 and .10 in the near future. There is a lot of oil in the Short Junction field and Endevco is just beginning to tap into it. Good luck all
I talked to a few "major" shareholders today whom I personally know and they both expect some concrete news to come out towards the end of the month. I guess you can just say I'm going to follow their leads. Besides, I have a hunch we are going to see much better days here in the near future.
I will buy 50,000 more tomorrow. em