Management has conducted a review of the Company’s various pending projects and determined that it would be in the best interests of the Company to cancel its diamond recovery plans, which were intended to include opening an office in Saskatchewan, entry into the lottery of potential projects in the Fort a la Corne region, and engaging Mr. Melvin O’Neil as a consultant with respect to such operations. Instead, the Company will focus its efforts on other pending projects and acquisitions, including gold and other precious metals recovery, the exploration and development of oil and gas deposits including re-completions, and oil well services, in particular the Jackpot placer gold claim and the Pegasus Oil Well Services project.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.