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usau dumped for a shakeout. The shakeouts are still happening and will continue to happen till the majority of this stock gets into friendly hands. Slow and sure and then...........POP?
BARCHARTS
USAU - USA URANIUM CORP (OTC)
Date Open High Low Last Change Volume % Change
10/09/09 0.0170 0.0170 0.0100 0.0130 -0.0020 3767500 -13.33%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 3633255
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 2676496
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 33% - Buy
100-Day Average Volume - 2025458
Overall Average: 88% - Buy
Price Support Pivot Point Resistance
0.0130 0.0063 0.0133 0.0203
a warmer reception, IT WILL COME, YOU CANT SEE THE PATTERN DEVELOPING HERE
re press release. FUNDS, hmmmmmmmm
USA Uranium Adds Chairman and Completes BLM Biological Assessment
LAS VEGAS, NV, Oct 09, 2009 (MARKETWIRE via COMTEX News Network) --
USA Uranium Corp. (PINKSHEETS: USAU) (http://usauranium.com) is pleased to announce that Mr. Ken Berscht has joined the Board of Directors of the Company and has been elected Chairman. Mr. Berscht has also been appointed CEO and will be responsible for refining and developing the strategic vision for the Company's aggressive US-based precious metal property acquisition strategy.
Mr. Ken Berscht is a member of the Society of Mining, Metallurgy and Exploration Inc. (SME), and is qualified as an International Financial Adviser in England. In his career as a broker he has qualified with the Investment Dealers Association in Canada and as a General Principal with the National Association of Securities Dealers, Inc. and the New York Stock Exchange in the United States of America. He is a graduate of the University of Western Ontario Business School.
Mr. Berscht has extensive experience in the mining industry and has recently retired as a Director and the CEO after completing the reorganization of a major Silver producer and after assisting in raising over $50 million to put the historic Sunshine silver mine in Idaho into production. Recently he was also the managing Directors of Artemis Silver Fund whose goal was to provide long-term capital appreciation by investing in a portfolio consisting primarily of silver mining and precious metal-related securities, and silver bullion.
Mr. Karl Harz, President of the Company, stated, "Having someone with Mr. Berscht's range and depth of mining and financial experience, agree to coordinate our efforts will not only allow us to accomplish our goals all the more quickly, but gives serious credibility to our core vision of developing a significant inventory of US based gold in the ground properties."
Mr. Berscht has been the Vice President of Enerplus International a division of EnerPlus, one of Canada's largest Oil and Gas Income Trusts. He has assisted in financing a number of small companies in the mining and petroleum industry such as, Arimex Resources, Alberta Oil and Gas, Maxx Petroleum and many others in their formative stages. He was also instrumental in financing a ten million dollar oil drilling project in Benin, West Africa and aided in the financing of a Keltic Petrochemical plant in Nova Scotia.
In his career as a broker, he has managed institutional accounts in Asia and Europe. Mr. Berscht was also directly responsible for introducing investors from Hong Kong (PRC), Taiwan and Japan into the equity markets in Canada and the US. He has also managed an oil and gas fund in the Cayman Islands and is a former director in Odyssey Management Inc., a restricted mutual fund administrator in the Cayman Islands.
The Company is also pleased to announce that it has completed the Biological Assessment (BA) on the La Dama D' Oro property. The Biological Assessment is an evaluation of potential effects of a proposed project on proposed, endangered, threatened, and sensitive animal and plant species and their habitats. The BA is required by the BLM and the County as a prelude to the planned drilling program and the ultimate re-commencement of production on the property.
Ore taken from the La Dama D' Oro between 1934 and 1941 produced 480.83 oz of gold and 624 oz of silver with an average annual grade over the seven years of 0.84 oz per ton gold and 1.30 oz. per ton silver. A complete record of shipments is set out below:
Ore shipments from La Dama d' Oro (formerly Mojave Boy, Mojave Girl, and Tarantula Mines) to Burton Mill, 1934 to 1941 (Burton, 1980)
Avg. Avg. Year Tons Au oz. Ag oz. Au opt Ag opt ----- ------- ------ ------ ------ ------ 1934 124.58 80.15 153.00 0.64 1.91 1935 65.17 56.66 45.00 0.87 0.79 1936 110.37 111.92 237.00 1.01 2.12 (no production shipped to Burton 1937 Mill during 1937) 1938 21.80 25.59 44.00 1.17 1.72 1939 167.94 115.41 47.00 0.69 0.41 1940 66.32 71.51 81.78 1.08 1.14 1941 14.53 19.59 16.84 1.35 0.86 ----- ------- ------ ------ ------ ------ Total 570.71 480.83 624.62 0.84 1.30
USA Uranium Director of Communications John Perez said, "USA Uranium is thrilled to have Ken Berscht on the team as we head into this new leg of the gold bull market. Ken's years of expertise in the capital markets and his development of world class mining projects are key to the success of USAU in the precious metals arena. Ken Berscht brings a wealth of successful experience to the USAU team as we accelerate in the acquisition and development of a variety of new precious metals projects in North America and we look forward to working with Ken Berscht."
Contact: John Perez USA Uranium Corp. Director of Communications 949 280 4323 office 310-802-3871 e-fax usaupm@gmail.com
SOURCE: USA Uranium Corp
mailto:usaupm@gmail.com
Copyright 2009 Marketwire, Inc., All rights reserved.
thats it, clean er up and then let er go, looking much better
seems like your asking someone to convince you. What you posted could be said about any exploration company. How do you figure nobody else wanted the claims, maybe they were not publicly known about, but private. As for financing, if the goods are good, raising money shouldnt be a problem. time will tell. It boils down to risk and possible reward.
molee, that seems accurate. Not much free trading for a pink soon to be otcbb when the filings get updated. Should be interesting
LIFESPAN FILES 8K
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6772652
i believe we should see an updated very soon, may be time to go
this stock will be otcbb, hopefully ihub will get it right then
someone has always deen dicking around near the end of trading every day. News will move this, for sure
well, it would of been more interesting in March. Dont know what kind of legs it has left, but an amazing job done. When USAU gets going, could be interesting. Past trading seems to indicate it has been cleaned up, we shall see
trading looking a bit better today, but some duck always seems to want to close it flat. Hmmmm, would be nice to have a run like SRSR, and they have nearly 800 million shares out. Its not only the news, its what you do with any news
Gold equities to outperform the metal in 2009 - Investec Asset Management
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By: Terence Creamer
15th July 2009
TEXT SIZE Gold equities were likely to significantly outperform the gold price in the second half of 2009, Investec Asset Management fund managers specialising in commodities and resources said on Wednesday.
Speaking during an international conference call, global commodities and resources head Bradley George said that, while its outlook for the gold price was positive, the company currently favoured investments in gold companies over those in the physical metal, or gold-backed exchange-traded funds (ETFs).
It expected a 20% to 30% return from gold equities relative to their current valuations for the balance of the year, compared with an upside of between 10% and 15% on the price of the precious metal itself.
The company, which currently has more than $2,5-billion invested in commodities and resources equities, expected the precious metal to trade between $880/oz and $1 100/oz during 2009. Gold was trading at close to $940/oz on Wednesday.
George argued that gold-miner margins were benefiting from cost deflation and that average production costs had fallen from $450/oz in 2008 to below $400/oz as a result.
"Therefore, from a valuation and an upside perspective, we have our portfolios more tilted towards gold equities rather than gold itself," George revealed.
In the short term, gold was also likely to trade more as a currency than as a commodity, and downside risk lay, therefore, in dollar strength.
In the longer term, Investec Asset Management believed gold would perform relatively strongly whether the current monetary easing, designed to stimulate economies such as the US, succeeded or not.
If the policy of printing money worked, there would be inflation, which had traditionally been "good for gold". If it failed, and there was a prolonged recession, gold could also rise as it did in the "deflationary 1930s".
George saw little potential for price disruption arising from either central bank, or International Monetary Fund (IMF), sales. He noted that reserve banks had sold only 85 t of their 500 t disposal quota, under the Central Bank Gold Agreement, for the period that would end on September 30,.
Further, banks in Asia and the Middle East were likely to mop up any gold arising from the mooted IMF sale.
PLATINUM VS. PALLADIUM
The group was also relatively bullish on the outlook for platinum, warning of possible "physical tightness" as a result of currency-related pressures on South African producers - the rand, which had weakened recently, had been one of the best performing currencies in the world in 2009.
It saw the metal trading between $1 150/oz and $1 350/oz during 2009 and expected the price to draw support from the stabilisation of the automotive industry, the restarting of production and the end to destocking in that sector.
Physical-metal-backed ETFs had already helped platinum and the potential of a US ETF listing "could be positive" for the price.
George was less optimistic about the prospects for palladium, asserting that the inventory position was not as "tight" as that for platinum, with the Russian stockpile still a factor and the metal having no jewellery-investment underpin.
"So, overall we have a more convicted view toward platinum as against palladium," George said, adding that the EFT investor had generally favoured platinum over palladium.
Edited by: Creamer Media Reporter
Looks to me like the company may have other inquiries in regards to this property, very nice property, we will see what happens in the next while
USA Uranium Adds Expertise and Reviews Property
Las Vegas, Nevada—July 14th, 2009,—USA Uranium (PINK SHEETS: USAU) (http://usauranium.com ) is pleased to announce that Dr. Earl W. Abbott, Ph.D. (Geology) has agreed to assume the position of Director and Vice President of Mining Operations. Dr. Abbott’s presence on the new management team is an invaluable addition to the Company. Since receiving his Ph.D. degree in Geology at Rice University where he studied the tectonics of the western U.S., Dr. Abbott has spent 34 years exploring for various mineral deposits, with several notable successes in the USA.
At Dr. Abbott’s recommendation, the Company will begin the preparation of an updated geological Technical Report, in 43-101 format, expanding and updating the 43-101 report prepared by R. H. Russell, M.Sc., in 2007.
Mr. Russell concluded that the Jack Creek property is located in a permissive area for the discovery of a Carlin-type gold deposit(s). He stated that several tectostratigraphic settings are involved in the geologic framework of the property and each setting has potential for the discovery of significant gold.
Mr. Russell identified exploration targets on the property as follows:
• Schoonover Target: Schoonover-hosted mineralization would most likely be quite similar to Big Springs gold mineralization. Based on published mapping, the Jack Creek property likely has the structural setting conducive to this type of gold deposit.
• Overlap Sequence Target: The Overlap Sequence generally contains rock units amenable to Carlin-type disseminated gold deposits and offer an important exploration target.
• Lower Plate-Hosted Gold Mineralization: Gold mineralization hosted by autochthonous or parautochthonous Ordovician to Devonian lower plate sedimentary rocks would be similar to Jerritt Canyon and other large Carlin-type gold deposits.
• Lower Plate High Target: Geophysics indicates that the Jack Creek property appears to sit astride the southwest margin of an interpreted lower plate high as seen at the Dorsey Creek property.
The Company wishes to clarify the status of its relationship with Mariposa Resources Ltd. (OTCBB: MPOA). The parties are currently negotiating the detailed terms of a Formal Joint Venture Agreement regarding the Jack Creek property pursuant to the Term Letter issued by USA Uranium July 12, 2009. The term letter does not constitute a binding agreement and a Formal Joint Venture Agreement has not yet been approved by the Board of Mariposa or the Company.
Contact:
Karl Harz CEO
760-200-4108 phone
213-841-0094 direct
310-802-3871 e-fax
usaumining@gmail.com
Lifespan Licenses ScreenPhone Manufacturing Rights
Palm Desert, California—July 7th, 2009— Lifespan (Pink Sheets: LSPN) (www.lifespaninc.com) has licensed Cytta Corp. www.cytta.com (OTCBB: CYTC) the exclusive right to utilize Lifespan’s ‘ScreenPhone’ technology to develop, manufacture and market telephone/internet access devices for the US. For these rights, Lifespan will receive six million shares of Cytta, a royalty of one-half of one percent (.5%) of Net Revenue and a cross obligation to purchase units at wholesale cost from 2010 on.
Mr. Ken Berscht, CEO stated, “This transaction ensures that the ScreenPhone technology is developed, manufactured and brought to market in the most expeditious manner. It allows Lifespan to concentrate on the numerous and intricate developmental issues involved in completing the Medical ScreenPhone model and the diverse elements involved in integrating and redesigning the medical peripherals.
Currently, administrative costs in the US Healthcare Industry exceed $200 billion each year. The Medical ScreenPhone can be utilized to significantly improve the efficiency of a portion of the US medical electronic data transfer (EDT) and electronic medical record (EMR) market. But the chief advantage of the Medical ScreenPhone is that it will ultimately improve the practice and delivery of healthcare to the benefit of doctors and their patients.
The Medical ScreenPhone is envisaged as a significant tool for the 14 trillion dollar US healthcare industry to utilize as a medical evaluation, testing, and diagnostic solution as well as a home healthcare communications and education tool. The Cytta transaction will now allow the Company to advance the involvement of Dr. Quyami as Chief Scientist and utilize his position as the Director of Centre of Excellence for Surgical Education and Innovation (CESEI www.cesei.org) to begin development and redesign of the medical peripherals and actively pursue other industry partnerships focused solely on the medical peripherals.
To provide more complete financial disclosure the Company has completed the management prepared Unaudited December 31, 2007 Annual Report, December 31, 2008 Annual Report and March 31, 2008, June 30 2008, September 30, 2008 and March 31, 2009 Quarterly Reports. These documents are available for review on the Company’s website at www.lifespaninc.com or directly at http://lifespaninc.com/joomla_22182/Financials.html. The Company is currently arranging for Auditor Review of these financials which will enable the Company to update its financial disclosure reporting requirements.
Contact:
Lifespan Inc.
40318 Barington Dr
Palm Desert, Ca 92211
Ken Berscht, CEO: 403-830-7566
Lifespanceo@gmail.com
Corporate Communications
Stuart Brame, CIO: 310-963-0462
Stuartbrame10@gmail.com
website: www.LifespanInc.com
LIFESPAN NEWS
Lifespan Licenses ScreenPhone Manufacturing Rights
Palm Desert, California—July 7th, 2009— Lifespan (Pink Sheets: LSPN) (www.lifespaninc.com) has licensed Cytta Corp. www.cytta.com (OTCBB: CYTC) the exclusive right to utilize Lifespan’s ‘ScreenPhone’ technology to develop, manufacture and market telephone/internet access devices for the US. For these rights, Lifespan will receive six million shares of Cytta, a royalty of one-half of one percent (.5%) of Net Revenue and a cross obligation to purchase units at wholesale cost from 2010 on.
Mr. Ken Berscht, CEO stated, “This transaction ensures that the ScreenPhone technology is developed, manufactured and brought to market in the most expeditious manner. It allows Lifespan to concentrate on the numerous and intricate developmental issues involved in completing the Medical ScreenPhone model and the diverse elements involved in integrating and redesigning the medical peripherals.
Currently, administrative costs in the US Healthcare Industry exceed $200 billion each year. The Medical ScreenPhone can be utilized to significantly improve the efficiency of a portion of the US medical electronic data transfer (EDT) and electronic medical record (EMR) market. But the chief advantage of the Medical ScreenPhone is that it will ultimately improve the practice and delivery of healthcare to the benefit of doctors and their patients.
The Medical ScreenPhone is envisaged as a significant tool for the 14 trillion dollar US healthcare industry to utilize as a medical evaluation, testing, and diagnostic solution as well as a home healthcare communications and education tool. The Cytta transaction will now allow the Company to advance the involvement of Dr. Quyami as Chief Scientist and utilize his position as the Director of Centre of Excellence for Surgical Education and Innovation (CESEI www.cesei.org) to begin development and redesign of the medical peripherals and actively pursue other industry partnerships focused solely on the medical peripherals.
To provide more complete financial disclosure the Company has completed the management prepared Unaudited December 31, 2007 Annual Report, December 31, 2008 Annual Report and March 31, 2008, June 30 2008, September 30, 2008 and March 31, 2009 Quarterly Reports. These documents are available for review on the Company’s website at www.lifespaninc.com or directly at http://lifespaninc.com/joomla_22182/Financials.html. The Company is currently arranging for Auditor Review of these financials which will enable the Company to update its financial disclosure reporting requirements.
Contact:
Lifespan Inc.
40318 Barington Dr
Palm Desert, Ca 92211
Ken Berscht, CEO: 403-830-7566
Lifespanceo@gmail.com
Corporate Communications
Stuart Brame, CIO: 310-963-0462
Stuartbrame10@gmail.com
website: www.LifespanInc.com
there hasnt been anything posted re lifespan for quite awhile, so her is a website link so you can view the recent direction the company is endeavoring to take
http://www.lifespaninc.com/
probably people got some paper but i doubt it was cheaper than what they are selling at. After the selling stops this should start to move nicely
Lifespan is changing direction and heading into the technology field as the mining sector has dried up. Watch for upcoming news and upward moving price