Replies to post #13384 on US Precious Metals (fka USPR)

[russo123]

That's great but a couple of problems with it.

1. the announcement was 20 months ago and phase 2 hasn't even started yet.

2. in their most recent "update" uspr stated their intention to sell their concession rather then mine it

3. the satellite imaging was done on Solidaridad I and II. Unfortunately, uspr does not have access rights to Solidaridad II just yet.

4. the money part of this deal is from Alba/Petroloes. They are a Venezuelan oil company and the price of oil is down 50% from when the agreement was made.

But otherwise, REPEATING THIS OLD NEWS THAT HASN'T BEEN COMPLETED YET WILL HAVE A TREMENDOUS IMPACT ON THE STOCK.