BB's Stock Haven

[jaybird249]

EQBM DD updated May 29:
EQBM rose 120% the last 2 days to $.044 but is only just starting. EQBM is about to join the ranks of producing base metal companies. EQBM will finalize the aquisition of a 35% stake in Prodcing China Mine shortly.
http://biz.yahoo.com/prnews/060301/to131.html?.v=20

EQBM also has 14 claims in the Canadian Red Lake area adjacent to Canada's largest gold deposit. Many other exploration companies in the Red Lake area have market caps of hundreds of millions of dollars, examples are WLF.TO and SSR.V:
http://www.stockhouse.com/comp_info.asp?symbol=WLF&table=LIST
http://www.stockhouse.com/comp_info.asp?symbol=SSR&table=LIST

EQBM has a year high of $1.20 and was $.15 only a few weeks ago.

Share Structure:
- OS 275 million
- Float est. 35 million (after excluding preferred/restricted)

Pending Press Releases:
- Per CEO: We should have a press release regarding the China acquisition within a few weeks (lawyers are working on translating all documents for final signatures)

Project Details

Dalian Project aquisition in China:
-Projected Annual Revenues of $19.2 Million. Significant Deposits of Gold, Platinum, Palladium, Rhodium and Copper Identified
- Once the due diligence is completed and agreements are signed Equitable Mining Corp. will own 35% of all operations and mineral rights. Significant deposits of gold, platinum, palladium, rhodium and copper have been identified in the mine and mine tailings and monthly revenues of $1.6 million and annual revenues of $19.2 million are projected.

Bonanza Property in Ontario, Canada (Red Lake Mining area)
Equitable's Bonanza Property consists of 14 claims adjacent to Goldcorp's Red Lake Mine, which produces 550,000+ ounces annually and is one of the richest, most profitable gold mines in the world. Red Lake Mine contains the world-renown High Grade Zone with 4.4 million ounces of high grade gold reserves.

-Recently Goldcorp purchased 10% of neighboring WLF.TO for $3.60 CDN a share, mainly due to its drilling activity on the Bonanza-Follansbee project which is directly adjacent to the properties owned by Equitable Mining Corp. In December Placer Dome Inc., whose 210,000 ounce-producing Campbell Mine is located nearby in Red Lake Camp, announced that exploration drilling confirmed the extension of Goldcorp's High Grade Zone into neighboring Campbell Mine. Equitable Mining owns claims adjacent to Red Lake Mine, Campbell Mine and the newly acquired WLF.TO claims.

-Equitable has retained the engineering firm Clark Exploration Consulting Inc to give a 43101 report and management feels that said report should show 300,000 plus tons of .20au gold. Said report should be completed and filed within 30 days.
The property consists of twelve unpatented claims and 2 patented claims (KRL 11325 and KRL 11442), with a total area of approximately 355 hectares. They are adjacent to properties owned by Wolfden Resources that have identified significant gold mineralization.
These claims border on the south of GoldCorp. claims and west and south of Wolf Den's claims. Wolf Den's Drill Programs have completed 6 holes with multiple holes having visible gold.
they plan to begin drilling operations in June of this year.

Additional mining properties (acquisitions) in North and South America.
- With joint-venture partner Atlantis Acquisition 1, the company announced it is close to closing on its first South American precious metals project in Colombia, where striking test results indicate confirmed deposits of a rich gold-copper-silver. The company has also entered into discussions around an additional group of claims in Northern Ontario and other North American locations....