Bancorp International Group Inc (fka BCIT)

[f1fans]

Listen to the ones that have no fight here and dump your shares or try to keep up on current events like the rest of us:

Added: (Wed Jan 14 2015)

Pressbox (Press Release) - Bancorp International Group Inc (BCIT) announces that they have acquired
the option to acquire two magnetite sites at Manetai and at Aropa PNG, on the basis of a joint venture with the landowners. This venture has the approval of the MMG who will obtain as and when needed any other consents and
licenses to enable mining to commence.

This is a development project, as the existence of the deposits have already been established, the precise size of the reserves are subject to survey, but are believed to be valued conservatively at minimum of $30 million.

This supplements BCIT's interest in a commodity trading business which commenced operation in 2014.