Asia Properties Inc (ASPZ)

[Piecemaker]

I can't argue with on the Pinks/Mining relationship, there are goodly amount out there.

One key difference being API's leadership, however:

Management

DANIEL S. MCKINNEY, President, Chief Executive Officer, Director:

Mr. McKinney, is based in Asia and grew up in Hong Kong. He founded Asia Properties in 1998 and is an entrepreneur and investment banker who has established numerous businesses over the last three decades. Mr. Mckinney has had extensive experience in mining ventures in both precious metals and gemstone mining. In the mid 80’s he led the financing and discovery of a significant gold deposit located in Chon Buri, Thailand. In 1986, he became a significant shareholder in a producing emerald mine located in Santa Terrazina, Brazil. Mr. Mckinney was a director of Savoy Resources Corp, a U.S. listed gold mining company from 2004-2006 and founded and served as director and CEO of Yinfu Gold, a U.S. listed gold mining company from 2007-2010. He has invested in numerous mining ventures and geological explorations ranging from Burma, Thailand, Columbia, Brazil, China, several African countries and Mongolia.

Source: http://www.asiaprop.com/management/

The other unknown here is what Mckinney has in his back pocket. Why IS he able to pick up these claims for what seems like a song? He must be offering something in these deals to make it exceptionally attractive.

My speculative answer: Because he has the wherewithal, a plan and a commitment, to make those shares worth a heckuva lot more than they are today!

No doubt, he has shared those plans with the sellers on a need to know basis.

This is good for API shareholders. These sellers are getting on board, presumably to make some real money.