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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Bucky Katt who wrote (17394)1/21/2004 3:13:15 PM
From: tsigprofit  Read Replies (1) of 48461
 
UDVE - added more today. Highest risk - and very volatile.
pink sheets. May lose all investment here - and must be willing to - but it could also skyrocket.
Time will tell.

United Development International Enters Exclusive Negotiations on 30 Further Gold and Precious Stone Claims and Prospecting Permits in Guyana
FRIDAY, DECEMBER 12, 2003 9:00 AM
- BusinessWire




UDVE
0.062 +0.002





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LAS VEGAS, Dec 12, 2003 (BUSINESS WIRE) -- United Development International (Pink Sheets: UDVE) has reached terms on exclusive negotiations and first right of refusal with Tiboku Mining Overseas Inc for 6 claims on the Kurupung River plus a further 24 prospecting permits totaling 28,800 acres of the Potaro, Upper Mazaruni and the Barima rivers.

Company president Robert Doherty commented, "We are motivated to enhance our land holdings at this time to ensure long term viability for United Development International, its partners and our shareholders. We expect to reach successful terms on these additional properties in the next 90 days. We will ensure that all due diligence will be undertaken to define the resources and potential profitability of all claims and permits prior to executing an agreement."

For more information please go to www.udiresources.com to view our website and gain more insight into United Development International and its gold and diamond projects.

United Development International is quoted on NQB Pink sheets as "UDVE".

CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.

SOURCE: United Development International

United Development International
Robert Doherty, 250-319-3442
rdoherty@udiresources.com
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