Columbia River Resources Inc
(OTC BB CRVV) Expecting Block Buster News within the next week to ten days....
Columbia River Resources Inc.
Suite 304 - 856 Homer Street
Vancouver, British Columbia V6B 2W5
Tel:
Fax: (604) 688-6375
Website: www.columbiariver1.com
Shares Issued & Outstanding: 10,079,463
Float: 1.4 million
Bid: .365 Ask: .385
52 week range .05-.53
Columbia River Resources Inc. is a Nevada incorporated, Vancouver based mineral exploration and development company. In April of 1999, Columbia River became one of the first post war mineral exploration companies since the British, in the 1930's, to establish operations to explore for and develop mining projects in the Federal Republic of Nigeria. While Nigeria's oil industry has continued to flourish over the past 40 years creating massive wealth for major oil companies, her vast solid mineral wealth has been largely overlooked and remains virtually unexplored
Tantalum is in huge demand because of electronics boom worldwide
Computers, all sorts of electronic devices etc.
Tantalum is used in circuit boards and capacitors
5-15% increase in demand every year, of last five
Recent quote of $25,000.00 US a ton for 40% concentrate of Tantulum
Metal houses all over the world trying to acquire Cesium
Cesium sells for $1000.00 US a ton- spark plugs need cesium=demand!
Rubidium $800 a ton US
Lithium- demand for quality batteries
Nigeria- for years a leading producer of Tin
Nigerian mining companies did not utilize the by- products produced by the
massive
Tin mining operations, tailings of rare earth metals, tantalum, lithium,
cesium, Niobium, rubidium.
These by- products are the rare earth metals Columbia River resources are
able to 'glean'
Inexpensively in comparison to the more traditional mining techniques
These leftover tailings from the previous Tin mining are able to be 'gravity
extracted'
A simpler method of mining extraction for rare earth metals, tantalum,
lithium, cesium, Niobium, rubidium.
Columbia River Resources-CRVV: Prospects for future expansion
Greg Hawkins, former chief economic geologist for the Country of Nigeria is
working with Columbia River Resources-CRVV in acquisition of the
aforementioned Tin mine tailings and other opportunities as regards Gold
production
Because of Columbia River Resources-CRVV association with Mr.Hawkins, and
Columbia River Resources-CRVV assistance to the Nigerian government in
Mining issues, there is a considerable preference given to Columbia River
Resources-CRVV for first right of refusal on available mining sites and
existing Tin Tailing sites for the gravity extraction method.
This preferential situation makes other ventures, such as Gold, Iron, Tin
and Copper all avenues Columbia River Resources-CRVV can pursue according to
their opinion of highest and best use of resources
In regards to forthcoming PR's:
PR slated for later this week as update to 3/20/00 PR
Another PR slated for 10 days from today dealing with pit and trench results
as well as drilling finds on land
In reference to acquisition or joint ventures:
Offers from several Major mining companies
An offer of $6 million dollars for a 60% stake in Columbia River
Resources-CRVV without even reviewing the report submitted to them by
Columbia River Resources-CRVV
CEO-Robert Ferguson feels offer will be increased after interested company
reads and understands the actual potential of report findings
Latest Press Release: biz.yahoo.com
biz.yahoo.com
Other "DD" links are: ragingbull.com
Subject 19098
With the research that we have done on this company, we feel that CRVV is very undervalued. We rate CRVV as a long term hold, with a short term target price of $2.00 a share. Long term price of $15.00 by the end of the year 2000.
A full profile of CRVV will be placed on http:/www.stock-doc.com during the day Monday March 27, 2000
Stock-Doc has not been compensated for this newsletter, we do own shares of CRVV that we purchased on the open market at an average price of .30.
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