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Sunday, 06/26/2011 12:09:19 PM

Sunday, June 26, 2011 12:09:19 PM

Post# of 358440
Does Anyone see a PATTERN of FAILING to Finish Anything U.C.,Started?????
Cmark International Inc (RB:CMKI)
By: baloney_cleaver
03 May 2007, 10:11 PM EDT
Rating: Msg. 539337 of 1024652

Jump to msg. #
What you peeps didn't know ,,or didn't want to hear...I say you didn't want to hear it...

EDMONTON, Alberta--(BUSINESS WIRE)--MAY 24, 1996--

Petro Plus Inc. (Alberta Stock ExchangePV.A) In consideration of recent interest, Urban Casavant, President of Petro Plus Inc. wishes to announce the following update of the company's activities for the past six months.

The corporation has actively perused interests in numerous mineral and diamond exploration projects throughout Canada and is a participant in a number of producing oil and gas projects in western Canada. Each of these are considered in turn.

LA RONGE - GLENNIE GOLD BELTS, SASKATCHEWAN

Petro Plus is the 100 percent owner of 92 mineral claims located in the La Ronge and Glennie Gold belts. These belts host numerous gold deposits and occurrences, some previously mined out and others in production and development stages. These include the past producing Anglo Rouyn Copper mine, Jolu, Star Lake and Jasper Gold mines; the producing Contact Lake and Seabee Gold mines; the Waddy Lake Area gold deposits, and the Pap Lake, Ramsland Lakes, North Lake, Greywacke Lake gold deposits.

Due to the underexplored nature of the belts, many of Petro Plus' properties have a high potential for discovery of similar gold deposits as located elsewhere in the belts. Preliminary exploration work has been carried out over much of Petro Plus' 100 percent owned holdings, with the focus being on the Devil's Lake Property where recent drilling has encountered very encouraging results. Visible gold was noted in ten of the twenty-four holes drilled on the property to date. While gold content of the coarse fractions gave values up to 6.17 oz/ton, overall assays had maximum values up to 0.441 oz/ton over 2.0 meter widths as previously stated in a release dated May 10, 1996.

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In common with many other gold deposits mined to date in Saskatchewan, the occurrences are narrow, and because of the coarse gold, grade is erratic. The company plans to conduct further drilling to test the gold zones and other parallel structures on the property. A bulk sampling program is also being considered.

CENTRAL SASKATCHEWAN DIAMOND EXPLORATION:

Follow-up ground magnetic surveys on Petro Plus' 100 percent owned 60,000 hectare Big Sandy Lake Diamond Exploration Property is continuing on Priority One magnetic anomalies to confirm and verify magnetic 'pipe-like' targets from Aerodat's Low Level Magnetic Survey flown during 1995. A drill program to test the best anomalies will be announced within 6 weeks.

Further Low Level Magnetic Surveys are planned over 87,700 hectares of Petro Plus' 100 percent owned claims in the Montreal - Candle Lake areas of north-central Saskatchewan. A similar follow-upground evaluation over the Priority One anomalies will commence once the airborne surveys are interpreted.

BLACKDOME GOLD MINE - CLINTON, B.C.

Petro Plus recently entered into a 50 percent interest in the Blackdome Gold Mine near Clinton, B.C. with Claimstaker Minerals (CLN-V). Petro Plus can earn 50 percent interest by financing a $2.5 million dollar exploration and development program before May 1, 1996. Claimstaker will be the operator of the program.

The Blackdome Gold Mine was a producing mine that recovered 225,000 ounces of gold and 550,000 ounces of silver from approximately 370,000 tons of ore between 1986 and 1991. A recent study has indicated a resource of 176,000 tons grading 0.47 oz/ton gold and 1.08 oz/ton silver exists as outlined in a release dated May 2, 1996.

The companies intend to further explore the deposit in an effort to prove up a resource of 100,000 ounces at which time the mine will be placed back into production.

WESTERN CANADIAN OIL AND GAS PROPERTIES

Petro Plus is a participant in three oil and gas properties located in Alberta and Saskatchewan. Petro Plus has paid in their interest in full and expects cash flow from these properties to increase from $3,000 to $20,000 per month commencing in late 1996.

STRATEGY

Petro Plus will continue exploration efforts on their gold and diamond properties, work towards bringing the Blackdome mine into production, expand their interests in the oil and gas properties and continue to find new acquisition opportunities. Announcements will be made as activities relating to the corporation develop.

CONTACT: Petro Plus Inc.

Urban Casavant

(306) 922-6065

(306) 764-0204 (FAX)

COPYRIGHT 1996 Business Wire


UC resigns after Petro plus blew up after he, his frieds and family cashed out! Sound familiar? It should!


Business Wire, Oct 25, 1996 (petro Plus)

CALGARY, Alberta--(BUSINESS WIRE)--Oct. 25, 1996--Petro Plus Inc. (Alberta Stock Exchange PPV.A.)--The Board of Directors is pleased to announce that Randy Studer has been appointed as President and Chief Executive Officer of the Corporation and that N. Ralph Newson has been appointed as Secretary/Treasurer and Chief Financial Officer of the Corporation.

Urban Casavant has RESIGNED as President and Director.

Within one week, investors will be able to obtain an investment package from the new corporate office, Box 1080, LaRonge, Saskatchewan, SOJ 1LO. The package will detail the status of the existing properties of the Corporation. The package will also outline corporate information and the proposed projects for 1996/97.


Newsgroups: misc.invest.canada
From: nazanin narani
Date: 1996/08/17
Subject: Re: Petro-Plus - PPV:ase
Reply to author | Forward | Print | Individual message | Show original | Report this message | Find messages by this author

wat...@bnr.ca (Bill Tulk) wrote:

>Petro Plus is up 0.09 (now at 0.46) so far today...it's now 1:30 PM eastern time. Anyone know why? Anyone have any speculations on where it will go?

>Regards,
>Bill

I guess they are close to the next flow of the news releases about their
discoveries and drillings. Definitly, there was a big buy yesterday that
may mean another short term run-up, I guess.

If the news are promising, the stock will recover part of its loss over
the last couple of months, in my opinion.

I have also heard there are major deals coming up, but then the question
is why Urban Casavant has filed to sell most of his own shares.

Any opinion?

Regards
-R. G.


http://xrl.us/v7wo



Kevin Kelly View profile
Any info on why Petro Plus has been halted? [ PPVA.TXT ] 1¾ « ¬ NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: PETRO PLUS INC. ASE SYMBOL: PPV.A OCTOBER 25, 1996 Petro Plus Halts Stock EDMONTON, ALBERTA--The management of the Corporation has halted the trading of the Class "A" Voting Shares pending further news. -30-

nazanin narani View profile
More options Oct 26 1996, 12:00 am

Newsgroups: misc.invest.canada
From: nazanin.nar...@utoronto.ca (nazanin narani)
Date: 1996/10/26
Subject: Re: PPV.A Petro Plus
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Kevin Kelly wrote:

> Any info on why Petro Plus has been Halted?


> ---------------------------------------------------------------


> 1¾


> FOR: PETRO PLUS INC.


> ASE SYMBOL: PPV.A


> OCTOBER 25, 1996


> Petro Plus Halts Stock


> EDMONTON, ALBERTA--The management of the Corporation has halted
> the trading of the Class "A" Voting Shares pending further news.

I heard that Urban Casavant has resigned. That must explain much of the
reason for the halt.

Let us know where he will go?.... there must be a good promotion!!!




asdf View profile
More options Oct 26 1996, 12:00 am

> > -30-


> I heard that Urban Casavant has resigned. That must explain much of the
> reason for the halt.


> Let us know where he will go?.... there must be a good promotion!!!



Who's the Urban Cassavant? I've been holding PPV.A since May. I phoned
up the company and they told me there was a good chance the stock would
be $5 by September. We're closer to 5cents! Somebody give me a reason
to sell...Please!




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