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Strategies & Market Trends : Natural Resource Stocks

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To: AuBug who wrote (32759)1/1/2006 10:49:19 PM
From: hubris33  Read Replies (1) of 108633
 
Hi DJEhuty. If you read the USGL annual reports you will see that at one point USGL had the Tonkin Springs property optioned to Bac Tech. Bac Tech was doing some form of biological extraction of gold and bought into USGL to demonstrate their technology. Unfortunately at some point Bac Tech got into financial trouble and was unable to make required payments to USGL and as a result ended up defaulting on their option and the property reverted to 100% ownership by USGL. Several of the Cortez Trend maps floating around out there still have Bac Tech listed on the USGL property. Since that is old news that should tell you something about the quality/timeliness of the map.

This map has the proper USGL listing. Not certain as to its veracity elsewhere, thought pretty certain it accurately shows the locations of Miranda Gold properties! <ggg>

mirandagold.com

H3
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