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Loanstew,
The company might continue pushing back the 43-101 because there is no 43-101!!
A good point made from another site: UMNG still has...
NO REVENUES
NO SHARE BUY BACK
NO N.I. 43-101
NO FORM 10
NO UP-LISTING
NO CURRENT SHARE STRUCTURE
NO ETHANOL
NO URANIUM
NO CLAIMS IN THE COMPANY NAME
NO NAME OF THE TSX VENTURE COMPANY
NO BIENNIAL STATEMENT FILED WITH N.Y. STATE DIVISION OF CORPORATIONS
Whats it going to be after next week? The week after?
Do you want to know whats really funny!! When I called Investor Relations, the gentleman I talked to said to go to investorshub.com!! He said there are several large shareholders who post there and keep him feeling positive!!! That is NO LIE either!!
Spice, I would hope as someone invested in this company you would care whether or not those claims are registered to UMNG!!
I called IR. They couldnt verify anything.
I couldnt disagree with that statement more. First of all, whether they have the rights to those properties or not is HUGE. Your investment depends on it. The company has an obligation to answer it. Do we or do we not own those claims?
If the company would counter some of these claims for example the claim that UMNG doesnt own any rights to these properties then that could ease the storm and help boost investor confidence. Atleast explain how that works.
Your right, you need to get educated on Uranium mining, especially 43-101's.
One reason the report has not come out yet could possibly be because it was not a good report and they are trying to fix it up a little before they release it? What do you guys think?
Roger,
Is that just your opinion/guess about management, or do you actually know these guys?
Thanks
-Oilin07
Loanstew,
You are 100% correct. Nobody has yet to verify whether UMNG even ownes a single one of thier claims. That is information which cant be denied.
I meant "hope" em
Lets home there will be some new buyers if the news is really good. It seems most here are all in!
Mr. de Montigny also stated: "I want to inform the shareholders that we are awaiting the results of the NI-43-101 on Laurentide 1 and 2 prior to closing our financial statements in preparation for our form 10 filing for uplisting."
Then whats the purpose of this message board?
Does anyone know the name of the University that our ceo Mr. Jean-Michel de Montigny graduated from?
EarnestDD: well said...
"The duty of the Board and Management is to operate the company in the best interests of the shareholders.
That includes ... providing fair, true and full disclosure as required. Required for securities regulations for example.
Required in order to generate interest in the stock for example.
New investors have questions and opinions.
You would seemingly deprive them of their opportunity to pose the questions and provide their opinions.
If that is the case .... dont be a public company."
I was working most of the day today and didnt get to see the market. I saw that the stock was brought up to .06 and then back to .045. Very interesting. I hope things start to change for the better here.
It seems that managements time-line was wrong again. Lets see if their latest time-line they gave me last week pans out. They said Horizontal drilling to start this month, and Gulf drilling will be end of July or early August. Its useless asking Endevcos management for a timeline for they are never right. I wish they would get their stuff together. Some good production announcements can really give this stock its much needed boost.
Chief, I've been trying to do the same. em
Do you know when the buyback will come? As for a short squeeze how much juice do you think it will have?
Too bad the buy back wasnt taking place, with what seems like very low volume or no more shorting, a buy-back itself could probably push this price back up to a dime+.
Chief, I would agree with that. I really hope this 43-101 is a good one. That could be the tide turner we have been waiting for.
True Howard, Hey analogdog...You got me thinking...I'm going to go have a glass of wine on my deck right now and think about the 43-101. I'll talk to you guys tomorrow.
-oil
Any idea how long it takes to turn one of those reports into a press release?
I did hear that Michaels recently sent the remaining amount of money owed to the geologist so we should definitely be getting the first report back no later than next week.
I'll say the report will contain less than 50 million in probably reserves and less than 10 million in proven.
Now what is your idea of a good report vs. a bad?
Howard,
How much?
Does anyone know what happened to the stock buy-back?
The 43-101 could be bad.
Where has Klon been?
This gets announced and the volume disappears! hmmm
They dont care if it stays down for another two years. They cant sell!!
In other words...
The company knew the stock was being walked down below .07, yet they continued touting it with open ended press releases & touting from Equiti trend.
Now why wont they tell us the name of the tsx company?
no, thats not true, they can release it at any time. Maybe they are embarrased by it, or have some type of personal connection to it.
What is the name of the TSX venture company?