Forum»MXGD - NEWS $ 80 Carat Diamond Discovered on Midex’s Magembe
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| Fortgeschrittener Anmeldedatum: 02.06.2010 Beiträge: 123 Chats: 0 | 80 Carat Diamond Discovered on Midex’s Magembe Property $$$$$$$$$$$$$$$ 80 Carat Diamanten wurden auf der Midex Magembe Mine entdeckt $$$$$$$$ http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56663374 MXGD - Bloomberg Businesweek: Quelle/Link: http://investing.businessweek.com/research/stocks/charts/charts.asp?ticker=MXGD:US Next week 0.03 - 0.05 USD MXGD - $ - MUST READ: Petra Diamonds MXGD - $ - MUST READ: Petra Diamonds http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56677249 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56678614 Is this a possible buyout and the reason to designate so many preferred class shares? MXGD is in play in this days ... http://investing.businessweek.com/research/stocks/charts/charts.asp?ticker=MXGD:US big players coming innext week >>> .03 - .05 $ http://investing.businessweek.com/research/stocks/charts/charts.asp?ticker=MXGD:US Diamonds - Our Crown Jewel ? the Magembe Property Quote: The Magembe Property is part of a two-kilometre buffer zone created to surround the Williamson Mine (aka Mwadui) when it was developed in the 1940s and 50s. This buffer zone was formed to prohibit the mining of near-surface diamond deposits in the area immediately adjacent to the mining operation. The Williamson mine is owned 75 per cent by De Beers and 25 per cent by the overnment of Tanzania, and has a production history that spans six decades. The Williamson pipe covers 360 acres and was considered to be the largest economically exploitable pipe in the world. The mine is the original source of pink diamonds and has produced notable stones including a 54-carat flawless pink diamond and a 388-carat diamond found in 1990. South African-based Petra Diamonds is currently negotiating to purchase the mine. http://www.midexgold.com/about/index.html The Magembe Project is directly adjacent to the world famous Williamson Mine (http://www.midexgold.com/properties/..._mwadui_02.jpg)) So Who is Petra Diamonds Quote: In Tanzania, Petra has a 75% interest in the Williamson mine. http://www.petradiamonds.com/o/o_i.php Petra Diamonds is expanding their Williamson mine with $40M in capital from IFC: "Washington, D.C. / Johannesburg, South Africa September 28, 2010?IFC, a member of the World Bank Group, today signed a $40 million loan agreement with Petra Diamonds Limited to support the expansion of the Williamson diamond mine in Tanzania. IFC?s financing will help return the mine to profitability, extend its life, and maintain employment for about 1,000 people. " http://www.ifc.org/ifcext/media.nsf/...ssRelease?Open... Gold - "Midex Gold Corp Finds Gold in Every Sample of Phase 1 Soil Sample Program on Its Golden Hills Property. Midex Gold Corp. (OTCBB:MXGD) (www.midexgold.com) management provides results from 58 of the 115 soil samples taken on its 100% owned Golden Hills property in Tanzania. " http://www.midexgold.com/_news/news_2010_01_25.html The Chart: EXTREMELY OVERSOLD! http://stockcharts.com/h-sc/ui?s=MXG...d=p33354650776 Douglas Lake Minerals JV agreement http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37135 Douglas Lake accepting 1million shares for 100% ownership of the property tells me they expect the PPS to go much higher! On July 31, 2009, the Company and its Board of Directors approved a five-to-one (5:1) forward stock split of all issued and outstanding common shares, with an effective date of August 10, 2009. The effect of the forward stock split increased the number of issued and outstanding common shares from 35,000,000 shares to 175,000,000 shares, and the forward stock split has been applied on a retroactive basis since the Company’s inception date. http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37630 Annual report: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37150 *note, in the Attorneys letter he says he verifies share structure by comparing TA numbers to annual report on file... Thanks to all who helped, Knight,Darkmatter,myself. This is a true Diamond in the rough, I expect we hear more about the gold finds soon! Quelle/Link: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56667081 |
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