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Friday, December 07, 2007 3:04:12 PM
American Uranium Mining, Inc. (Pink Sheets:AUMN), is pleased to announce its 2008 strategic plan. AUMN owns a one hundred percent operating interest in 68 unpatented uranium mining claims in the Bridger Jack area of San Juan County, Utah. The plan calls for the Company to selectively and on a limited basis; permit, drill, log, reclaim and sell any U308 it finds in an effort to generate revenue by the end of the fourth quarter of 2008. The Company will also search for a suitable senior mining joint venture partner to form a strategic alliance for continued growth. The Company plans to finance its plan by raising equity capital pursuant to and in compliance with SEC Rule 504 Regulation D. The Company has chosen to sell these shares to accredited investors only. The Company will also explore other potential sources of equity capital during 2008. The equity capital is being raised for repayment of organizational costs, operational expenses and working capital.
$1.10 down to $0.03 in a few month.
down to $.0001 in a few more months???
All my posts are my opinion only. Please do your own DD and use critical thinking
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