InvestorsHub Logo
icon url

Militia Man

08/05/10 9:20 AM

#148567 RE: Chas56789 #148555

That post is a keeper!!! :-)

Rocket Man

"FFGO is selling their 2 gold claims and distributing a cash or share dividend. FFGO and the purchasing company will file SEC filings on Aug 12th.

NOTE: Dividend will NOT be restricted shares ....per FFGO !

There are 2 dividends from the sale of gold claims: One is an Historical dividend for shareholders owning shares in Nov 7th 2005.

The second dividend is for CURRENT shareholders and the dividend is set at 0.003449 per FFGO share.

FFGO cellar boxed at 0.0001 ! ( Divy = 34 times your money at .0001)

Here's what I have determined by SEC filings so far !

How big is the company that is buying FFGO's Bouse and South Copperstone ?

The purchasing company is large enough to pay :

TOTAL = $971,146,000


The Company has disposed of its entire holding of Bouse Gold, Inc. shares of Common Stock at a price of US$0.3788 per share of Bouse Gold, Inc. Common Stock.

The Company has disposed of its entire holding of South Copperstone, Inc. shares of Common Stock at a price of US$0.06263 per share of South Copperstone, Inc. Common Stock.

http://www.marketwire.com/mw/rel_us_print.jsp?id=1298456&lang=E1

How many shares were in the Bouse and South Copperstone ?:



STOCKHOLDERS IN BOUSE GOLD, INC. :

Eligible Dividend Recipients as at November 7, 2005: (Note 2) 899,967,718 (40.91 %)

Searchlight Exploration, LLC: 219,997,800 (9.99 %)

Fortress Financial Group, Inc.*: 510,923,545 (23.22 %)

Other Stockholders: (Note 1) 569,110,937 (25.88 %)

TOTAL ISSUED: 2,200,000,000 (100%)



STOCKHOLDERS IN SOUTH COPPERSTONE, INC.:


Eligible Dividend Recipients as at December 2, 2005: (NOTE 1) 899,581,199 (40.89 %)

Searchlight Exploration, LLC: 219,997,800 (9.99 %)

Fortress Financial Group, Inc.*: 1,030,421,001 (46.84 %)

Other Stockholders: 50,000,000 (2.28 %)

TOTAL ISSUED: 2,200,000,000 (100%)


Bouse = 2,200,000,000 times US$0.3788 =

$ 833,360,000

S. Copperstone = 2,200,000,000 times US$0.06263 =

$ 137,786,000



TOTAL = $971,146,000


A very Large company is buying these claims as there are 10"s of Billions of $$$$ worth of GOLD in them !


Chas56789

jmho "
icon url

TLHamand

08/05/10 9:23 AM

#148569 RE: Chas56789 #148555

from the ridiculous to the sublime

now it's almost a billion? Stop, Stop, Stop!!!! Please!!!!!
icon url

mathias1

08/05/10 9:25 AM

#148571 RE: Chas56789 #148555

The purchasing company is large enough to pay :

TOTAL = $971,146,000


LOL...a billion dollars huh? So surely it wouldn't take long for you to narrow down who the buyer is.

Can't be many mining companies with that kind of money lying around.

I'd say ZERO.

But who knows, maybe you can find one or two.

I'm saying that's ridiculous.