ABV Gold Inc. Comments on Recent Stock Activity here's a couple of examples - cripes the BS factor in this PR is right up there.
ABV Gold Inc. (PINKSHEETS: ABVG) (FRANKFURT: AB has fielded a large number of shareholder calls through Midwest Stock Consulting LLC, the company's investor relations representative.
"ABV Gold Inc. investor relations representative received a large number of calls last week," said Daniel F. Ryan, President of ABV Gold Inc. "We thought it would be appropriate to comment on the recent activity. The company is not aware why the stock had a sudden spike in volume. We can report that ABV Gold Inc. had held talks with several investment banks who have showed strong interest in our property portfolio. The company is also working on finalizing additional property acquisitions. These have been in the works for the past 45 days and we are expecting to conclude some agreements in the next few weeks if not sooner. The delays can be attributed to the complex nature of the negotiations."
Furthermore, Mr. Ryan added, "Retail investors could also be speculating about our joint venture deals. It is our intention to update shareholders about Toyabie by the end of the week. The interest in Toyabie is very high given that it is located between two past producing uranium mines. Investor speculation is an integral part of any mining company's efforts to bring value to shareholders. I expect that shareholders will see the value in our efforts as it is the company's intention to do everything at the corporate level to maximize return to investors. I have bought two million shares of ABVG stock this month in the open market and will continue to add to my position, as I am very confident in our success."
Lotta Coal Comments on Share Trading Activity Lotta Coal, Inc. (PINKSHEETS: LCOL) (FRANKFURT: LC5) today commented on its recent share price spike. Nicolas Matossian, President and CEO, stated: "As a matter of company policy, Lotta Coal is not in a position to comment on share trading activity. However, given the recent share price spike we wish to advise the market that we are continuing to aggressively pursue the tie-in of our existing wells, the acquisition of additional exploration and production rights, the exploration of our existing properties, and obtaining independent engineering reports on the potential reserve value of the existing properties. We will make appropriate, timely announcements of important developments as they occur."
"In the meantime, Company representatives will be in London in coming weeks to meet with institutional investors who have expressed interest in the Company's projects, and to proceed toward its proposed listing on the AIM exchange," added CFO Ron Evans.