BB's Stock Haven

[was WALL STREET KID]

$845M worth of gold for $375k worth of restricted stock, for 10 years??? I have some bridges for sale, any takers?
HMIT -- Hidalgo Mining International
Com (New)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Hidalgo Mining (HMIT) Increases Potential Asset Value as it Acquires Subury Resources, Inc. with Anticipated Values Over $400 Million Projected Over The Next 10 years

NEW YORK, June 13, 2007 /PRNewswire-FirstCall via COMTEX/ -- Hidalgo Mining International (PINK SHEETS: HMIT), an innovative coal mining company headquartered in New York with coal properties located in Northern Mexico, announced today that it has substantially increased the potential acquisition value of its organization as it has recently acquired Subury Resources, Inc. as a subsidiary.
Subury Resources, Inc. (SRI), a Nevada corporation, presently holds rights to accumulative assets in gold reserves of over 1.3 million troy ounces with an estimated market value $845 million, netting Subury as much as $400 million in gross production profits over the next ten years.

HMIT has purchased SRI by issuing Ten Million shares of restricted stock. All stock issued will be restricted for a two-year period from the date of issuance.

John Darrah, President of HMIT stated:

"This opportunity will open the doors to a new area of business activity for the corporation. We expect it to benefit our shareholders, and greatly enhance the value of the company. This opportunity is both unique and timely for HMIT. This venture into the precious metals market is taking place in the context of a newly emerging economic climate in the precious metal natural resources industry.

Although not originally contemplated as a business direction by the board of directors, it does follow the present intent of providing further financial enhancement and access to capital for new strategic partners and joint ventures.

Our objective in this area of activity is to capitalize on these emerging opportunities to acquire qualified companies with substantial assets for stock while enhancing shareholder values. The acquisition of Subury Resources and its rights to such metals deposits is its next step towards achieving this goal."

ABOUT SUBURY RESOURCES, INC.

According to Subury geologists, the Tudor Gold Property encompasses 50 units by 20 contiguous unpatented mining claims to cover a total area of 1,000 hectares The Property is situated in Ontario, Canada at the intersection of the north trending Moira River Fault Zone and the northeast trending Gilmour Shear Zone. The Tudor Property hosts several gold occurrences with grades of +1 g/t Au. The potential size of the Main deposit based on geological projections should exceed 22.7 million tonnes @ 2 g/t Au and contain a resource of 7.3 million tonnes @ 5.5 g/t or approximately 1.28 million oz of gold.

In addition, the entire 7 km strike length of the felsite unit hosting the Main Prospect is mostly gold bearing and has excellent down-dip potential to host additional gold deposits comparable to the Main Prospect. For instance, the Polar Zone is situated through a gold occurrence located parallel to Homestake Mineral's Middle and North Zone.

ABOUT HIDALGO MINING INTERNATIONAL

Hidalgo Mining International (Pink Sheets: HMIT), an innovative coal mining company located in New York, NY, currently possesses over 50,000 acres of coal populated land located in Northern Mexico near the Texas border. Within an existing multi-billion dollar industry, HMIT strives to maintain corporate creditability while making aggressive moves to continue marketing its coal production on a global scale. HMIT management and directors hold an abundance of experience and knowledge in this rapidly growing industry that will ultimately result in the success of its ventures and longevity. Learn more about HMIT by visiting: (http://www.hidalgointernational.com)

Disclaimer:

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

The results described herein cannot be guaranteed. The development of the subject mining claims by Subury is contingent upon multiple high risk factors that must be successfully dealt with in order to achieve the intended results. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect Hidalgo Mining Internationals' future plans. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Hidalgo Mining International to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks detailed in Hidalgo Mining Internationals' periodic report filings with the Securities and Exchange Commission. Hidalgo Mining International undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Hidalgo Mining Internationals' expectations.



Contact:
Veronica D. Dunford
Investor Relations for Hidalgo Mining International
(310)-729-1223
[e-mail]