Replies to post #14234 on US Precious Metals (fka USPR)

[russo123]

maybe some more softness with the price

accumulation of USPR continues in positive territory.

softness with the price??? accumulation in positive territory???? uspr was .30 three months ago. it closed today at .132.

being down 56% in 3 months is "softness"? accumulation in positive territory??? how is down 56% positive territory???

[itsawinner]

vuduu, certainly don't want to forget about this:

To date, 11 of the 71 previously identified anomalies have been processed and analyzed with the geophysical/VERS technology and the Company is excited by the significant amounts of gold, silver and copper mineralization that have been identified. Mr. George Mesa of MAG has informed the Company that he will be with the satellite technicians overseas during the next week to review the data on the remaining 60 anomalies. As previously mentioned, these 71 anomalies are on approximately 2,000 of USPR’s 37,000 concession acreage.

In the course of performing the ground work, the sub-contractor conducted a surface sampling of 61 locations. The values were determined by geochemical analysis completed by SGS of Durango, Mexico. Of the 61 samples, 22 tested in excess of 1 g/t of gold. Of the 22 samples, 14 tested in excess of 5 g/t of gold, and 7 of these were re-analyzed because the values exceeded the test limits (>10 g/t). Upon re-analysis, the results of these 7 samples ranged from 12.06 g/t to 78.02 g/t of gold. (Some of these results are insane!)

I will be looking to add to the portfolio this week.

GLTAL!