DAMN COUNTY ! DAMN PHONE COMPANY ! DIGGING THE STREETS UP AND IN THE PROCESS SCREWING UP THE PIGS INTERNET ACCESS. ANYWAY ENOUGH OF A RANT (WE PIGS HAVE SHORT RANTS). SOME DEVELOPMENTS TO TALK ABOUT TODAY ALONG WITH NEW SCANS AND THE USUAL COLLECTION OF EVERYBODY ELSE'S MUSH.
ADB.V....THE PIG GOT SOME YESTERDAY AT .02 AND .025.......A SPEC BUY....RUMOURS OF ANOTHER DEAL ADD TO THE FIRE AND PIG SEES .10CTS + IN THE FUTURE. ONCE AGAIN LIQUIDITY MUST CONTINUE. SOME ADDITIONAL DD IS BELOW...(from stockhouse)
The company is sitting on (at current prices) $2800/day in cashflow from Ft. Scott. Which equates to about 1 million + a year in cashflow. Has a proven resource worth ($4 a cubic foot). Which in my calculations using known fundamentals comes out to $1.6 billion gross or around $16 a share. Is debt free.I think this would attract some attention of potential buyers, JV partners or equity stakeholders. Would you not think the same ?
Upon completion of the foreclosure, Admiral Bay is debt free, haspositive working capital and retains its Ft. Scott Property in BourbonCounty, Kansas. As of July 31, 2009, Ft. Scott had proved reserves ofapproximately 4.2 Bcf and is presently producing approximately 50Mcfgpd. The Company has also retained a 25% working interest in theRevloc Project located in Cambria County, Pennsylvania.
BCF=An abbreviation forbillion cubic feet. Unit used to measure large quantities of gas,approximately equal to 1 trillion (1012) Btu.
Quantities of natural gas are measured in normal cubic meters (corresponding to 0°C at 101.325 kPa) or in standard cubic feet (corresponding to 60 °F (16 °C) and 14.73 psia). The gross heat of combustion of one cubic meter of commercial quality natural gas is around 39 megajoules (≈10.8 kWh), but this can vary by several percent. This comes to about 49 megajoules (≈13.5 kWh) for one kg of natural gas (assuming 0.8 kg/m^3, an approximate value).The price of natural gas varies greatly depending on location andtype of consumer. In 2007, a price of $7 per 1,000 cubic feet (28 m3) was typical in the United States. The typical caloric value of natural gas is roughly 1,000 British thermal units (BTU) per cubic foot, depending on gas composition. This corresponds to around $7 per million BTU, or around $7 per gigajoule. In April 2008, the wholesale price was $10 per 1,000 cubic feet (28 m3) ($10/MMBTU).[35]The residential price varies from 50% to 300% more than the wholesaleprice. At the end of 2007, this was $12–$16 per 1,000 cu ft (28 m3).[36] Natural gas in the United States is traded as a futures contract on the New York Mercantile Exchange. Each contract is for 10,000 MMBTU (~10,550 gigajoules), or 10 billion BTU. Thus, if the price of gas is $10 per million BTUs on the NYMEX, the contract is worth $100,000.
The Company is consideringa number of strategic options including the sale of additionalassets, the purchase of or combination with other oil and gas assetsto create a company with additional scale and growing the Companythrough intrinsic drilling and development of existing assets.
FAU.V...NEWS TODAY...PP CLOSED...NOW ITS FREE TO ROLL.....RESULTS NEXT AND A LARGE AMOUNT OF THEM...BE AWARE ......THIS IS THE PLAY OF THE YEAR IN SOME EXPERTS (AND THE PIGS) OPINION....
Fire River Gold 11-million-share private placement
2010-07-22 15:24 MT - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 18 and June 22, 2010:
Number of shares: 11 million shares
Purchase price: 50 cents per share
Warrants: 5.5 million share-purchase warrants to purchase 5.5 million shares
Warrant exercise price: 75 cents for an 18-month period
Number of placees: 136 placees
Insiders: Canadian Gravity Recovery Inc. (Harry Barr), 20,000; 293020 B.C. Ltd. (Harry Barr), 20,000; Richard Goodwin, 20,000; Robert Guanzon, 10,000; David Oakley, 50,000; Sprott Asset Management LP, 1.5 million; Linda Holmes, 10,000; Kabavest Holdings Ltd. (Kevin Lawrence), 10,000; Olav Langelaar, 30,000; Spiros Cacos, 16,000; Taryn Downing, 10,000
Finders' fees: $75,000 cash payable to Loewen, Ondaatje, McCutcheon Ltd.; 3,000 shares payable to Dundee Securities Corp.; $2,500 cash payable to Macquarie Capital Markets Canada Ltd.; $33,000 cash payable to PI Financial Corp.; $15,980 cash and 23,040 shares payable to Canaccord Genuity Corp.; $60,000 cash payable to CIBC World Markets; $1,500 cash payable to Haywood Securities Inc.; $15,000 cash payable to Calico Management Corp. (Jevin Werbes); $1,250 cash payable to Alex Kuzneco
Consolidated Spire Ventures Looking to Acquire Tanzania Gold Prospects
7/22/2010 6:00:07 AM - NWC
Jul 22, 2010 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)
Consolidated Spire Ventures Ltd. ("the Company" or "Spire") wishes to announce that it has entered into negotiations to acquire gold prospects in Tanzania. As soon as terms can be agreed upon, a news release announcing the details will be issued.
Brian Buchanan, President of Spire states, "If we are able complete a deal in Tanzania it could add significant value to Spire. When you look at the market's clear interest in Tanzania, we are certainly motivated to acquire gold prospects in the region, especially in the light of how the market has embraced companies such as Canaco Resources Inc. (TSXV: CAN) that recently announced significant gold grades in Tanzania and, this week, announced a $20 million bought deal. Management is optimistic that an agreement can be completed."
If you are not currently on the CZS updates list, please send in your email address to info@spireventures.com or call 604-662-7455 with the best method to keep you informed. We will send out regular updates and news releases to everyone who asks to be on the list. For further information contact the Company at (604) 662-7455 or website: www.spireventures.com.
FOR INFORMATION OR INVESTOR RELATIONS,
CONTACT THE COMPANY AT (604) 662-7455 or WEBSITE: www.spireventures.com
ON BEHALF OF THE BOARD,
Brian Buchanan, President and Director
SAH.V...ANOTHER PREVIOUS PIG PICK AND HIGH SCANNER. BREAKOUT DAY AND ALONG WITH A PROLONGED ACCUMULATION PERIOD, LOOKS LIKE THOSE IN THE KNOW ARE EXPECTING BIG THINGS.
http://www.therivershacktavern.com/reviews.html#review1
Food Network’s Diners, Drive-ins and Dives
Guy Fieri, the Food Network’s star of “Diners, Drive-ins and Dives”, recently paid us a visit to indulge in some of Chef Mike’s incredible specials. Guy’s crew spent two days filming a segment for the show. They were treated to demonstrations and tastings of: the wivershack’s whasckily wabbit with spaetzle dumplings, braised lamb shank, peanut crusted soft shell crab, turtle soup and of course the New Orleans’ favorite, red beans and rice.The episode premiered on June 23rd and will be replayed on the Food Network several times. Check the Food Network’s website for showings of: “Where the Locals Go”
Diners, Drive-Ins and Dives on FoodNetwork.com
http://www.youtube.com/watch?v=zGCdBsOIKYA&NR=1
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