is in survival mode
Explore small cap ideas before they hit the headlines.
Explore small cap ideas before they hit the headlines.
Maybe I don't have a good email addy for you ma'am but Hi ![]()
LOW Float 16,870,433 a/o Mar 31, 2011 "<<<<<
That float could make for some nice gains...
News , Therma-Med, Inc. Completes LOI and Secures Silver Property in B.C. "<<<<<<<<
That was quick....very nice ![]()
News , Therma-Med, Inc. Completes LOI and Secures Silver Property in B.C.
Therma-med (PL) (USOTC:THRA)
Intraday Stock Chart
Today : Friday 20 May 2011
Therma-Med, Inc. (PINKSHEETS: THRA) ("the Company") has announced today that it has entered into a definite agreement to earn a 49% interest in Ag/Zn/Pb hosting mineral claims, situated in the Mining Division of Slocan, B.C., Canada. Therma-Med, Inc. has completed all due diligence on the property claim and has decided to move forward in securing its place in the mining industry. Ms. Trujillo will be actively assisting in guiding THRA into this direction and properly evaluating the company's strategy and work outline for the new property.
ABOUT THE PROPERTY:
The Slocan Area of Southern BC is famous for production of silver (it's called the "Silvery Slocan"). The Slocan Mining District has produced more than 24 million ounces of silver since the first discoveries in the late 1800s transformed this scenic wilderness into the silver-mining center of Western Canada. Exploration and mining have continued to the present and a neighbour to the company's property has a fully permitted and operating silver mine and mill. The property is of interest as a high potential host to economic precious and base metal mineralization including gold, silver, lead and zinc. Historical work and present operations in the area have greatly enhanced the potential of this property. Past activities on the property and neighbouring area have included the production of gold, silver, zinc and lead. Reported production has been obtained from the Wellington -- 3.6 million grams silver (117,450 oz.) and the Highland Surprise -- 51,000 g gold deposits. Other smaller amounts have been reported from 10 other areas on the property. Also within the vicinity of the property is the Whitewater Mine. This mine, located 1 kilometre south of the property, produced 260,542 tons of ore containing 1435 oz gold, 3,152,130 oz silver, 28,017,903 lbs lead and 36,260,370 lbs zinc during the period 1892 to 1945. The property is located in the Slocan Area of BC just the north side of Highway 31A, approximately midway between New Denver and Kaslo, but a small part extends to the south of Kaslo Creek.
The Slocan area has had a history of exploration dating back to the turn of the century. Lead, zinc, and silver mineralization hosted by units of the Slocan Group sediments has received the greatest exploration effort to date. Exploration in the area of the claims resulted in numerous discoveries, one of the largest being the Whitewater Mine. This mine, located just to the south of the property, produced 260,542 tons of ore containing 1435 oz gold, 3,152,130 oz silver, 28,017,903 lbs lead and 6,260,370 lbs zinc during the period 1892 to 1945 for an average of 12 oz/ton silver, 5.4% lead and 1.2% zinc. The ore bodies were found adjacent to a thrust fault zone within slate and limestone of the Slocan Group. Previous reports targeting this area indicate that exploration work has been conducted in the immediate distance of the property during the period from 1970 to 1990 but the fragmented nature of the holdings hampered systematic exploration. Close proximity to all, historically considered as a main ore deposit, offers excellent potential for a significant deposit to be found and developed. Newest reports on the property based on the heavy mineral and stream sampling exposed significant presence of silver and gold anomalies. Some of the silver results appear to be related to known silver (lead, zinc) mineralization but there are at least two new anomalies discovered that suggest areas for follow-up. The presence of anomalies for gold is noted in five sample locations including samples from the drainage that includes the known gold mineralization of the Highland Surprise. This result means that there can be some confidence that other areas with similar gold anomalies should be further examined. The remaining gold anomalies include the contact area between the Kaslo Volcanics and the Slocan Group which appears to be of interest based on known mineralization. Same report confirms newly discovered mineralization: the presence of very high silver with lead and zinc from an area of gossanous quartz veining in shale and limestone which has never been mined and may be a new discovery that is particularly interesting since this area has not been mined in the past.
Based on the favourable results of the previous mining operations in the surrounding area, a decision was made to begin an immediate review of all relevant data and previous studies to maximally compress the time frame required to finalize development plans for the properties, and start the exploration program to precisely define mineralized resource and possible reserves definition. The Company's Director, Zajay Trujillo, states, "The timing for this set of operations is perfect, our technical team is very eager to start with exploration work that develops the potential for high-grade mineralization on our acquired mining properties. As well, this is an exciting opportunity for our company to boost value to our shareholders."
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Therma-Med, Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
Therma-Med, Inc.
www.therma-medinc.com
Email Contact
News , Therma-Med, Inc. Completes LOI and Secures Silver Property in B.C.
Therma-med (PL) (USOTC:THRA)
Intraday Stock Chart
Today : Friday 20 May 2011
Therma-Med, Inc. (PINKSHEETS: THRA) ("the Company") has announced today that it has entered into a definite agreement to earn a 49% interest in Ag/Zn/Pb hosting mineral claims, situated in the Mining Division of Slocan, B.C., Canada. Therma-Med, Inc. has completed all due diligence on the property claim and has decided to move forward in securing its place in the mining industry. Ms. Trujillo will be actively assisting in guiding THRA into this direction and properly evaluating the company's strategy and work outline for the new property.
ABOUT THE PROPERTY:
The Slocan Area of Southern BC is famous for production of silver (it's called the "Silvery Slocan"). The Slocan Mining District has produced more than 24 million ounces of silver since the first discoveries in the late 1800s transformed this scenic wilderness into the silver-mining center of Western Canada. Exploration and mining have continued to the present and a neighbour to the company's property has a fully permitted and operating silver mine and mill. The property is of interest as a high potential host to economic precious and base metal mineralization including gold, silver, lead and zinc. Historical work and present operations in the area have greatly enhanced the potential of this property. Past activities on the property and neighbouring area have included the production of gold, silver, zinc and lead. Reported production has been obtained from the Wellington -- 3.6 million grams silver (117,450 oz.) and the Highland Surprise -- 51,000 g gold deposits. Other smaller amounts have been reported from 10 other areas on the property. Also within the vicinity of the property is the Whitewater Mine. This mine, located 1 kilometre south of the property, produced 260,542 tons of ore containing 1435 oz gold, 3,152,130 oz silver, 28,017,903 lbs lead and 36,260,370 lbs zinc during the period 1892 to 1945. The property is located in the Slocan Area of BC just the north side of Highway 31A, approximately midway between New Denver and Kaslo, but a small part extends to the south of Kaslo Creek.
The Slocan area has had a history of exploration dating back to the turn of the century. Lead, zinc, and silver mineralization hosted by units of the Slocan Group sediments has received the greatest exploration effort to date. Exploration in the area of the claims resulted in numerous discoveries, one of the largest being the Whitewater Mine. This mine, located just to the south of the property, produced 260,542 tons of ore containing 1435 oz gold, 3,152,130 oz silver, 28,017,903 lbs lead and 6,260,370 lbs zinc during the period 1892 to 1945 for an average of 12 oz/ton silver, 5.4% lead and 1.2% zinc. The ore bodies were found adjacent to a thrust fault zone within slate and limestone of the Slocan Group. Previous reports targeting this area indicate that exploration work has been conducted in the immediate distance of the property during the period from 1970 to 1990 but the fragmented nature of the holdings hampered systematic exploration. Close proximity to all, historically considered as a main ore deposit, offers excellent potential for a significant deposit to be found and developed. Newest reports on the property based on the heavy mineral and stream sampling exposed significant presence of silver and gold anomalies. Some of the silver results appear to be related to known silver (lead, zinc) mineralization but there are at least two new anomalies discovered that suggest areas for follow-up. The presence of anomalies for gold is noted in five sample locations including samples from the drainage that includes the known gold mineralization of the Highland Surprise. This result means that there can be some confidence that other areas with similar gold anomalies should be further examined. The remaining gold anomalies include the contact area between the Kaslo Volcanics and the Slocan Group which appears to be of interest based on known mineralization. Same report confirms newly discovered mineralization: the presence of very high silver with lead and zinc from an area of gossanous quartz veining in shale and limestone which has never been mined and may be a new discovery that is particularly interesting since this area has not been mined in the past.
Based on the favourable results of the previous mining operations in the surrounding area, a decision was made to begin an immediate review of all relevant data and previous studies to maximally compress the time frame required to finalize development plans for the properties, and start the exploration program to precisely define mineralized resource and possible reserves definition. The Company's Director, Zajay Trujillo, states, "The timing for this set of operations is perfect, our technical team is very eager to start with exploration work that develops the potential for high-grade mineralization on our acquired mining properties. As well, this is an exciting opportunity for our company to boost value to our shareholders."
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Therma-Med, Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
Therma-Med, Inc.
www.therma-medinc.com
Email Contact
watching that one intently
You've put more than a few bucks in my pocket over the years with your picks....![]()
email sign-up now done.....cool
yes i signed up for the email alerts. how about you "<<<<
glad you mentioned that.....
Hey guys I decided to mark only a few boards for more focus and this one with DFB at the top of the banner is one...
THRA looks like bigger and better things coming our way..build it and they will come "<<<<<<<<<
Sure looks like it.....
THRA .03 X .035 << radar it ! >> Tiny floater ! "<<<<<
Impressive share structure
GSPT holding gains well.....
THRA keeping word on last PR... "<<<<<<<<<<<<
always a positive IMO
THRA yep sgt..so much more to come imo..great time for starter positions now..get em while they are cheap "<<<<<<
add some volume and new highs?
THRA news recap:
THRA NEWS: Therma-Med, Inc. Signs LOI in Ag/Zn/Pb Mineralized Property in B.C.
TORONTO, May 18, 2011 (MARKETWIRE via COMTEX) -- Therma-Med, Inc. (pinksheets:THRA) ("the Company") would like to announce it has signed an LOI to purchase Interest in Silver property in British Columbia, Canada.
The Property of interest is located within the Mining Division of Slocan, B.C., Canada. The property's geology is part of a Northwest-trending belt of sedimentary rocks called the Slocan Group. Further information regarding the LOI and the property details remain confidential and will be released immediately when the deal has been finalized.
The letter on Intent is subject to an "Exclusivity Period" until June 01, 2011, during which both parties agree to negotiate the final terms and conditions for the Definitive Agreement. The LOI will be superseded by a definite agreement and closing will be subject to several conditions including and limited to, completion of satisfactory due diligence and the receipt of required third party consents. During the Exclusivity period and until the closing date, THRA shall continue to operate its business in the ordinary course.
"I believe that this business decision can bring the company to new and higher levels much faster than if Therma remained at the stage where it was before this turnover. With the guidance and participation on this project of Zajay Trujillo, I see this as a win-win situation for all of our shareholders as this step has a strong potential to increase their value and secure significant future growth for the company," said Joshua Suarez, President of Therma-Med, Inc.
About Therma-Med, Inc.: Therma-Med, Inc. provides alternative medicinal procedures, premium nutritional supplements, medicinal products and current medical support services by making them available to patients through their clinics and online through e-commerce purchasing applications. Therma-Med, Inc., through highly specialized Thermal Imaging and breakthrough alternative procedure clinics, is poised to become a healthcare industry leading company, providing the alternative medicine approach to good health, as well as providing patients with an adjunctive diagnostic procedure that effectively pursues and exposes the benefits of early detection and prevention of various medical conditions. Therma-Med, Inc. utilizes thermal imaging systems that incorporate state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body, allowing patients of all walks of life access to a proactive form of maintaining good health and quality of life through early detection and prevention.
News recap:
THRA NEWS:Therma-Med, Inc. Signs LOI in Ag/Zn/Pb Mineralized Property in B.C.
TORONTO, May 18, 2011 (MARKETWIRE via COMTEX) -- Therma-Med, Inc. (pinksheets:THRA) ("the Company") would like to announce it has signed an LOI to purchase Interest in Silver property in British Columbia, Canada.
The Property of interest is located within the Mining Division of Slocan, B.C., Canada. The property's geology is part of a Northwest-trending belt of sedimentary rocks called the Slocan Group. Further information regarding the LOI and the property details remain confidential and will be released immediately when the deal has been finalized.
The letter on Intent is subject to an "Exclusivity Period" until June 01, 2011, during which both parties agree to negotiate the final terms and conditions for the Definitive Agreement. The LOI will be superseded by a definite agreement and closing will be subject to several conditions including and limited to, completion of satisfactory due diligence and the receipt of required third party consents. During the Exclusivity period and until the closing date, THRA shall continue to operate its business in the ordinary course.
"I believe that this business decision can bring the company to new and higher levels much faster than if Therma remained at the stage where it was before this turnover. With the guidance and participation on this project of Zajay Trujillo, I see this as a win-win situation for all of our shareholders as this step has a strong potential to increase their value and secure significant future growth for the company," said Joshua Suarez, President of Therma-Med, Inc.
About Therma-Med, Inc.: Therma-Med, Inc. provides alternative medicinal procedures, premium nutritional supplements, medicinal products and current medical support services by making them available to patients through their clinics and online through e-commerce purchasing applications. Therma-Med, Inc., through highly specialized Thermal Imaging and breakthrough alternative procedure clinics, is poised to become a healthcare industry leading company, providing the alternative medicine approach to good health, as well as providing patients with an adjunctive diagnostic procedure that effectively pursues and exposes the benefits of early detection and prevention of various medical conditions. Therma-Med, Inc. utilizes thermal imaging systems that incorporate state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body, allowing patients of all walks of life access to a proactive form of maintaining good health and quality of life through early detection and prevention.
Nice THRA news snowgator
Go for it DFLY - I'll hush for now ![]()
sweet news RU..51m OS only too!Terralene is a veryyy interesting alternative fuel imo..i likes.. "
Very interesting OS number indeed.....
GM M2F - I wish you a Big $$$$$$$$$ Day
NEWS! Terralene Fuel Provides Most Comparable Mileage to Gasoline Over Other Alternative Fuels
NEW YORK, May 18, 2011 (GLOBE NEWSWIRE) -- Golden Spirit Enterprises Ltd. (OTCBB:GSPT - News) reports that its wholly owned property, Terralene(R) Fuels, a proprietary patented fuel formulation that can replace gasoline as a stand alone fuel or fuel additive has completed numerous test runs on different makes of vehicles. Terralene's fuel composition is 55% petroleum based and 45% from renewable energy sources.
In-house beta testing of Terralene as a fuel alternative was conducted in vehicles like the Mazda3, Pontiac HHR, Ford Explorer, Ford Pick-Up Truck, Honda Pilot and the Jaguar Vanden Plas over periods ranging from one week to one year. All of the vehicles tested responded extremely well to the fuel with no negative effects. Drivers felt that the engine had more power than usual and ran quieter than normal. Unlike other alternative fuels, vehicles using Terralene do not need any engine modifications.
In addition, while most vehicles fueled with biofuels and compressed natural gas (CNG) emit less carbon emissions than gasoline, which Terralene also does, they do not provide the same mileage for the amount of fuel used in a vehicle as gasoline. Terralene provides almost exactly the same mileage distance that gasoline does, making Terralene a more convenient and economical fuel alternative for the future.
"The results were extremely encouraging and reconfirms how viable Terralene is as an alternative fuel," states Jaclyn Cruz, President of the Company.
About Terralene Fuels
Terralene(R) is a patented, proprietary, alternative fuel formulation which reduces greenhouse gases and other environmentally damaging emissions which are prevalent in existing gasoline combustion engines. Although the formulation is somewhat based on fossil fuels and other non food chain agricultural components, it is designed as a Green and Clean Alternative Renewable Fuel. The internationally known law firm of Gowling Lafleur Henderson LLP is retained to manage the Terralene Patents and Trade Marks.
Visit our site: www.terralenefuels.com
/s/ Jaclyn Cruz
Jaclyn Cruz, President
For further information contact: 1-888-488-6882
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Golden Spirit's filings with the Securities & Exchange Commission.
NEWS! Terralene Fuel Provides Most Comparable Mileage to Gasoline Over Other Alternative Fuels
NEW YORK, May 18, 2011 (GLOBE NEWSWIRE) -- Golden Spirit Enterprises Ltd. (OTCBB:GSPT - News) reports that its wholly owned property, Terralene(R) Fuels, a proprietary patented fuel formulation that can replace gasoline as a stand alone fuel or fuel additive has completed numerous test runs on different makes of vehicles. Terralene's fuel composition is 55% petroleum based and 45% from renewable energy sources.
In-house beta testing of Terralene as a fuel alternative was conducted in vehicles like the Mazda3, Pontiac HHR, Ford Explorer, Ford Pick-Up Truck, Honda Pilot and the Jaguar Vanden Plas over periods ranging from one week to one year. All of the vehicles tested responded extremely well to the fuel with no negative effects. Drivers felt that the engine had more power than usual and ran quieter than normal. Unlike other alternative fuels, vehicles using Terralene do not need any engine modifications.
In addition, while most vehicles fueled with biofuels and compressed natural gas (CNG) emit less carbon emissions than gasoline, which Terralene also does, they do not provide the same mileage for the amount of fuel used in a vehicle as gasoline. Terralene provides almost exactly the same mileage distance that gasoline does, making Terralene a more convenient and economical fuel alternative for the future.
"The results were extremely encouraging and reconfirms how viable Terralene is as an alternative fuel," states Jaclyn Cruz, President of the Company.
About Terralene Fuels
Terralene(R) is a patented, proprietary, alternative fuel formulation which reduces greenhouse gases and other environmentally damaging emissions which are prevalent in existing gasoline combustion engines. Although the formulation is somewhat based on fossil fuels and other non food chain agricultural components, it is designed as a Green and Clean Alternative Renewable Fuel. The internationally known law firm of Gowling Lafleur Henderson LLP is retained to manage the Terralene Patents and Trade Marks.
Visit our site: www.terralenefuels.com
/s/ Jaclyn Cruz
Jaclyn Cruz, President
For further information contact: 1-888-488-6882
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Golden Spirit's filings with the Securities & Exchange Commission.
Thanks! AUMY $0.06 is getting pounded again here "<<<<<<
Looks like a good wee ahead....
Just wanted to say a quick Hello from West friggin Texas to you guys.....miss trading full time but maybe this summer I'll have the time to join you in a few plays.....special TGIF to my distant friend Jae...............be cool
ET
$AUMY awesome friday's they are sweet.. "<<<<<
news can be digested and spread over the weekend....nice
$AUMY sweet news..guess we set some new highs again now "<<<<<
and on a friday! cool
AUMY News!!!
Auric Mining Signs Letter of Intent to Acquire Homestead Tonopah Gold LLC "<<<<<<<<
Nice - thanks
AUMY News:
Auric Mining Signs Letter of Intent to Acquire Homestead Tonopah Gold LLC
Press Release Source: Auric Mining Company On Friday April 29, 2011, 10:42 am
WILMINGTON, Del., April 29, 2011 /PRNewswire/ -- Auric Mining Company (OTC:AUMY.PK.ob - News) (the "Company") is pleased to report that the Company has signed a Letter of Intent (LOI) to acquire Homestead Tonopah Gold LLC, a Nevada Corporation located in Carson City, Nevada. The terms of the agreement will be disclosed upon closing.
Homestead Tonopah Gold owns a 50% interest, by virtue of a joint venture agreement, in a substantial gold bearing property located near Tonopah, Nevada. The property is situated in the Walker Lane domain of the Basin and Range physiographic province. It's surrounded by three well established deposits (each either abutting property or within 2 miles distance). Phelps Dodge performed some work on the property in the early 1990s and found 100,000 ounces of gold, but did not explore it further because it was considered too small by their standards at the time.
In the mid 1990s, the property was explored by various public mining companies and they spent substantial development money exploring its potential. They projected that the property held at least 200,000 ounces of gold, which would be worth approx. $280 million based on today's price of gold. Their drilling program bottomed out in gold. However, they were not able to attract additional funds to drill deeper and subsequently the price of gold declined. The property holds exceptional potential if drilled to depth. There is the possibility that the property could be merged with one of the surrounding properties to create the potential of a 500,000 + ounce ore body.
About Auric Mining Corp.:
(Auric or the Company) is doing business as an investment and management company in mining and natural resources projects. The Company continues to focus its resources on investing in attractive projects with the objective of establishing ongoing cash-flow and provide profitability for its shareholders.
Auric has researched through numerous databases of private and public natural resources companies which have substantial findings already proven. Auric will either purchase, joint venture or invest in these companies. The Company is constantly seeking acquisition opportunities with significant exploration upside in the form of entire companies or packages of assets that provide an undeniable possibility of hosting base and precious metal mineralization. With unparalleled instincts for successful mineral projects, a field-oriented management style and a flat organizational structure, the Company has an ability to concentrate its financial assets, human resources and field efforts to provide timely decisions and a continued focus on the most prospective targets.
The company is currently focused on developing its properties in the Wawa area of the Sault Ste. Marie Mining District in Ontario and its previously explored mineral property in Saskatchewan, known as the "Dolly Gold Showing." In addition to its prolific history for gold mining, Wawa has shown promising signs of concentrated kimberlite indicators, a favorable geological formation for diamond exploration. The company has a number of claims strategically located in this historic mining district. Auric has undertaken significant efforts to assure its shareholders and potential investors that the properties it explores deserve the investment of time, effort and financial commitment necessary to establish successful mineral production in the future. For more information please visit the company's website at www.auricminingcorp.com.
AUMY News:
Auric Mining Signs Letter of Intent to Acquire Homestead Tonopah Gold LLC
Press Release Source: Auric Mining Company On Friday April 29, 2011, 10:42 am
WILMINGTON, Del., April 29, 2011 /PRNewswire/ -- Auric Mining Company (OTC:AUMY.PK.ob - News) (the "Company") is pleased to report that the Company has signed a Letter of Intent (LOI) to acquire Homestead Tonopah Gold LLC, a Nevada Corporation located in Carson City, Nevada. The terms of the agreement will be disclosed upon closing.
Homestead Tonopah Gold owns a 50% interest, by virtue of a joint venture agreement, in a substantial gold bearing property located near Tonopah, Nevada. The property is situated in the Walker Lane domain of the Basin and Range physiographic province. It's surrounded by three well established deposits (each either abutting property or within 2 miles distance). Phelps Dodge performed some work on the property in the early 1990s and found 100,000 ounces of gold, but did not explore it further because it was considered too small by their standards at the time.
In the mid 1990s, the property was explored by various public mining companies and they spent substantial development money exploring its potential. They projected that the property held at least 200,000 ounces of gold, which would be worth approx. $280 million based on today's price of gold. Their drilling program bottomed out in gold. However, they were not able to attract additional funds to drill deeper and subsequently the price of gold declined. The property holds exceptional potential if drilled to depth. There is the possibility that the property could be merged with one of the surrounding properties to create the potential of a 500,000 + ounce ore body.
About Auric Mining Corp.:
(Auric or the Company) is doing business as an investment and management company in mining and natural resources projects. The Company continues to focus its resources on investing in attractive projects with the objective of establishing ongoing cash-flow and provide profitability for its shareholders.
Auric has researched through numerous databases of private and public natural resources companies which have substantial findings already proven. Auric will either purchase, joint venture or invest in these companies. The Company is constantly seeking acquisition opportunities with significant exploration upside in the form of entire companies or packages of assets that provide an undeniable possibility of hosting base and precious metal mineralization. With unparalleled instincts for successful mineral projects, a field-oriented management style and a flat organizational structure, the Company has an ability to concentrate its financial assets, human resources and field efforts to provide timely decisions and a continued focus on the most prospective targets.
The company is currently focused on developing its properties in the Wawa area of the Sault Ste. Marie Mining District in Ontario and its previously explored mineral property in Saskatchewan, known as the "Dolly Gold Showing." In addition to its prolific history for gold mining, Wawa has shown promising signs of concentrated kimberlite indicators, a favorable geological formation for diamond exploration. The company has a number of claims strategically located in this historic mining district. Auric has undertaken significant efforts to assure its shareholders and potential investors that the properties it explores deserve the investment of time, effort and financial commitment necessary to establish successful mineral production in the future. For more information please visit the company's website at www.auricminingcorp.com.
Mr. Burke has worked for over a decade in the mining sector and also currently serves as the President of Homestead Colorado Gold Corp., which he founded with 2 others in 2011 to identify, purchase and develop gold, silver and Bitumen properties in the Leadville area in Colorado. The company has identified and earmarked a number of properties containing over $300,000,000 worth of new reserves, which are being explored and considered for production. "<<<<<<
Nice credential for new President
Nice....
AURI's Top 6 Investor Highlights
#1. AURI has been experiencing steady and healthy growth in market valuation in the past several weeks.
#2. AURI recently unleashed its biggest assortment of men’s and women’s fashion ware and is expecting to bring further extraordinary collection debuts.
#3. AURI has just changed made a ticker and name change to better reflect its operations, thus creating a strong brand image for clients as well as investors.
#4. AURI is set for aggressive growth and expansion in 2011 and beyond with the women's product lines becoming a key growth component.
#5. AURI’s management is looking to further develop the company in order to be listed on a national exchange such as the NASDAQ or the NYSE.
#6. AURI has retail stores in 38 states and is available in over 100 retailers including Nordstrom.
#7. AURI has received positive public exposure based upone its technology-based fashion footwear brand. "<<<<<<
Impressive....
AURI's: Moving Average Indictors
45 Day Trend bullish
100 Day Trend bullish "<<<<<
Trend is good.....thanks
AURI news recap:
Auri NEWS ALERT
Today : Monday 25 April 2011
Auri, Inc., (OTCBB: AURI) www.aurifootwear.com, announced today that the Company has been highlighted in a Forbes.com article as a follow up to the 2009 magazine article titled, "America's Most Promising Companies."
In 2009, Forbes went on an exhaustive hunt for dynamic, privately held businesses with truly scintillating growth prospects. The best constituted Forbes' collection of 20 of America's Most Promising Companies and Auri Footwear took the #8 position. The follow up article highlights Auri, Inc., (formerly Auri Footwear) and provides an update including "a reverse merger to go public and a recently sported $52 million market capitalization."
AURI news recap:
Auri NEWS ALERT
Today : Monday 25 April 2011
Auri, Inc., (OTCBB: AURI) www.aurifootwear.com, announced today that the Company has been highlighted in a Forbes.com article as a follow up to the 2009 magazine article titled, "America's Most Promising Companies."
In 2009, Forbes went on an exhaustive hunt for dynamic, privately held businesses with truly scintillating growth prospects. The best constituted Forbes' collection of 20 of America's Most Promising Companies and Auri Footwear took the #8 position. The follow up article highlights Auri, Inc., (formerly Auri Footwear) and provides an update including "a reverse merger to go public and a recently sported $52 million market capitalization."
Radar GRPS."<<<<<<<<<<<<<
Done - thanks
thanks
SKTO .0033 x .0034 RUNNER!!"<<<<<<<
.0035 X .0036 ![]()
$SKTO ready to go again..break over"<<<<<<
up 20% on 12+ million shares