posted
This looks as though this gold play went unnoticed while gold keep rising. As I just learned this was on stockta.com's hot stocks to play for next week based on the chart. The Float is 12 million and the chart looks very good. I looked and it seems they are in gold and copper and both are increasing in price as weeks go on. Also they had this pr the other day U.S. Precious Metals Acquires Significant Gold Exploration Properties Wednesday April 19, 10:07 am ET
WANTAGE, N.J.--(BUSINESS WIRE)--April 19, 2006--U.S. Precious Metals Inc. (USPR-OTCBB) has previously announced significant gold mineralization on its wholly-owned 3,703 hectare Solidaridad project in the state of Michoacan, Mexico.
In the month of February USPR's wholly owned subsidiary U.S. Precious Metals de Mexico claimed a gold mine Concession Lot named "La Sabila"(surface of 12,987 hectare) that surrounds Solidaridad in order to protect the future exploration and exploitation of the Solidaridad gold mines. Now brings the total to 16,690 hectare. One hectare equals 2.47 acres.
U.S. Precious Metals de Mexico, as previously announced acquired an option on 300 hectare in the State of Sonora, the following gold mine concessions are Tajitos Cluster. La Abuncancia, La Abuncancia dos, La Abuncancia tres, La Abuncancia cuatro, Cuatro Hermanos and El Oro Dos, subject to the exploration program results that the Company will implement. In April an agreement has been signed for 615 hectares in the State of Michoacan, known as the Ampliacion El Carmen y La Zmorana gold mine Cluster. El Carmen, La Zamorana Fr. 1 and La Zamorana Fr. 2.
Peter Toscano, Chairman of the Board of U.S. Precious Metals, Inc., stated "U.S. Precious Metals de Mexico is in negotiations right now for additional gold mining properties totaling 7,055 hectare and USPR will continue thru its wholly owned subsidiary to selectively pursue gold mineral properties throughout Mexico."
Safe Harbor Act Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward- looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
Posts: 1423 | Registered: Jul 2005
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posted
this is being pumped by bottom piks so hopefully you guys are already in, it should fly tomorrow morning. i need to free up some money and may get in on a dip. good luck
Posts: 74 | From: dallas | Registered: Feb 2006
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posted
yea normally those plays go so I will prob grab some early and then reload on a dip. I am not in yet I wish I was though. Someone also said it was in an e-mail from stockta I dont get them but it seems like a lot of eyes are on this one. Should provide a good week
Posts: 1423 | Registered: Jul 2005
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posted
as anyone can see volume is starting to increase and more poeple are watching this stock. Watch for a nice move into next week. Also some nice buys end of the day.
Posts: 1423 | Registered: Jul 2005
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posted
i didnt get in, but maybe next week if she's still low, i think you'll do fine with this stock.
Posts: 74 | From: dallas | Registered: Feb 2006
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