1) "So why haven't they gotten this bond yet?" The bond is non-refundable from what I gather so you better have all your ducks lined up before you give up the money. Even if it's refundable, it is a massive waste of money and effort if you don't have all the permits finished. They just got all the necessary permits the last couple months based on the Press Releases. There is no point in getting the reclamation bond posted until you have the reclamation permit. Look at last PR... http://ih.advfn.com/p.php?pid=nmona&article=60097140
"United Resource Holdings Group, Inc. (“URHG”) (Pink Sheets: URHG) announced today that the Nevada Division of Environmental Protection (“NDEP”), Bureau of Mining Regulation and Reclamation (“BMRR”), has decided to issue the approval of Nevada Reclamation Permit Application (the “Permit”) for URHG’s wholly owned subsidiary, Dun Glen Mining Corp. (“Dun Glen”). BMRR notified URHG that the Public Notice period for the Dun Glen Reclamation Permit (#0346) was completed on November 19, 2013, and this Permit will be become effective on or about December 4, 2013, unless there is an appeal request filed by November 29, 2013, to the State Environment Commission. "
No point in posting the bond until the permit is complete. Permit was not effective until Dec. 4, 2013. So it hasn't been long since then, for all we know they could already have the money through selling shares in the market. Maybe this is why the price has dipped down this low. From the Facebook update... "Only the posting of the reclamation bond remains prior to Dun Glen commencing a full-scale production of digging into the best identified locations as recommended by Mr. Skopos."
2)Has anyone done any extensive research on who is running this thing? Glad you asked. Check this out... Linkedin profile for one of our officers... http://www.linkedin.com/pub/robert-kilroy/14/296/998 >>> Senior Vice President, Secretary, and General Counsel; Chairman United Resource Holdings Group, Inc. May 2011 – Present (2 years 10 months) Reno, Nevada Area
Directly responsible for execution of business plan for profit and increasing shareholder equity as Corporate Officer; directly responsible for providing legal guidance regarding corporate and regulatory matters; Directly responsible for leading and directing the Board of Directors for URGH President and General Counsel Noble Technologies Corporation January 2010 – Present (4 years 2 months) McCarran, Nevada
I manage a 32,000 square foot precious-metals processing plant that produces gold, silver and other "noble" rare earth metal concentrates. We use a hydro-gravitational process to recover the noble metals. As the company's attorney, I handle all legal matters, including obtaining permits and writing contracts. Deputy Attorney General State of Nevada July 2004 – January 2010 (5 years 7 months)
Deputy Attorney General State of Nevada General Counsel to several Nevada state agencies: Division of Forestry, Parks, Environmental Protection, Mining/Minerals, Energy, DMV, Public Safety, Nevada Highway Patrol and Nevada National Guard.
Nevada Supreme Court victory. DPS vs. Shin, March 2009; Two Attorney General Opinions published in 2009. Naval Flight Officer-Retired-LCDR US Navy Government Agency; 10,001+ employees; Military industry 1986 – 2006 (20 years)
Flew more than 4300 hours in the mighty P-3 Orion with Patrol Squadrons: VP47, VP31, VP66, and VP65. NATOPS flight instructor for more than 15 years.
AND FROM THE WEBSITE OF URHG: Robert G. Kilroy – Secretary, Chairman, Director Mr. Kilroy is an attorney and former deputy attorney for Nevada’s Attorney General. During his tenure with Nevada’s Attorney General, he represented several Nevada state agencies, including: (i) Department of Natural Resources/Conservation; (ii) Division of Environmental Protection; (iii) Division of Minerals; and (iv) Bureau of Mine Regulation and Reclamation. Mr. Kilroy is a retired Lieutenant Commander Naval Flight Officer with more than twenty (20) years of honorable service. Mr. Kilroy holds a B.A. in Psychology from Miami University of Ohio, a J.D. from Indiana University School of Law, and is licensed to practice law in the State of Nevada. <<<
OFFICER IS EX-ATTORNEY GENERAL FOR STATE OF NEVADA. HOME RUN. :)
One of the other officers...
Charles T. Mahoney – Chief Financial Officer, Treasurer, Director Mr. Mahoney has broad-based management and supervisory experience encompassing fifteen (15) years of hands-on responsibility for financial and cost/benefit analysis, fiscal management, budget forecasting, government and generally accepted accounting principles, financial systems design, and administrative operations. Mr. Mahoney has served in a variety of positions with the States of Colorado and Nevada, including as: (i) Management Administrator IV with Jefferson County, Colorado; (ii) Accountant III with the State of Colorado’s Human Services Division; (iii) State Manger with Maximus, Inc.; (iv) Administrative Services Officer III with the State of Nevada’s Department of Motor Vehicles; and (v) Chief Accountant with the Legislative Counsel Bureau. Mr. Mahoney holds a B.S. in Accounting from Regis University and has been an active member of the American Institute of Certified Public Accountants since 1990.
ANOTHER NEVADA STATE OFFICIAL, ANOTHER HOME RUN
3)"how have you managed to trade this thing at a profit when the volume has been nonexistent until recently? When the price jumped a couple months ago, the spread was too high to get out at the "market price."
From 1-9-13 to 1-13-13, those 3 trading days had 85k shares total traded at an average of of roughly .12 so an intelligent individual could have sold out a decent position. But I was never in URHG at that time, what I said was... "I am a trader, not a long term investor, they never have to get a single ounce out of the ground for me to see 100% gains from here. See that move from the end of Dec. to the middle of January? 100% gains." I didn't say I made the trade, just talking about the price action and what it could do again. I hope everyone realizes that since then the gold/silver market has come back full swing. Gold has gone up over $100 an ounce and moving higher every day. Book Value on URHG is roughly .15 not including any possible profit from the mine itself which with a 20 year mine life could be tens of millions of dollars, especially at higher gold prices coming. If gold and silver keep moving higher this stock could be .40+ by summer
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