Posted by AGORACOM
at 8:19 PM on Friday, November 11th, 2011
UC Resources Ltd. (TSX VENTURE:UC)Â announced that it has entered into a definitive agreement with Freewest Resources Inc., a wholly owned subsidiary of Cliffs Natural Resources Inc. , for Freewest to acquire 100% of the UC owned 55% Joint Venture Interest in the McFaulds Lake area property , subject to and in accordance with the Joint Venture Agreement dated as of July 26, 2011 between KWG Resources Inc. , Spider Resources Inc., a wholly owned subsidiary of Cliffs, and UC.
The purchase price payable to UC by Freewest is $6,000,000 CDN, payable by deposit of $850,000 on the signing date followed by the balance on the closing date.
UC Resources Ltd.’s CEO, Gary Monaghan states, “We are pleased with the outcome of this transaction, and believe that McFaulds Lake represents what could be an exceptional play for companies of certain size and ability to fund, drill and exploit this long term resource. The Company values our shareholders and believes, as far as UC is concerned, our focus is best directed in Mexico. Full time concentration on the leveraging of the Company’s major assets in Mexico will be the best possible course of action for the Company to take in these markets.â€
Posted by AGORACOM
at 7:51 AM on Friday, November 11th, 2011
No matter what your politics or position on war, we all agree that soldiers and their families put themselves in the line of fire and sometimes make the ultimate sacrifice to protect us.
Today, Remember Them. Thank Them. Honor Them.
Lest We Forget.
Posted in All Recent Posts, Life | Comments Off on Today, Remember Them. Thank Them. Honor Them. Lest We Forget
Posted by AGORACOM
at 5:50 PM on Thursday, November 10th, 2011
AGORACOM WIRE – THURSDAY, NOVEMBER 10TH, 2011
BREAKING: UC Announces Sales Of Its McFaulds Lake Interest For $CDN 6,000,000 To Cliffs Natural Resources Subsidiary Full Story
CEO GARY MONAGHAN:Our focus is best directed in Mexico. Full time concentration on the leveraging of the Company’s major assets in Mexico will be the best possible course of action for the Company to take in these markets
Posted by AGORACOM
at 10:28 AM on Tuesday, November 1st, 2011
AGORACOM WIRE – TUESDAY NOVEMBER 1ST, 2011
GEORGE SAYS:
Markets Are Strictly Running On Headlines Today.
Best Strategy Is To Stay Away Until It Sorts.
Set Stop Losses On Recently Acquired Positions.
Place “Stink” Bids On Long Stocks You Really Like
Dow Jones Sitting At Wed Afternoon Pre-Euro Deal Level
TAKE A MOMENT TO DISCOVER OUR SPONSORS – THEY ARE GREAT!
Blue Quartz Property is located in the Beatty Township 73km East of Timmins
Property is surrounded by numerous past and presently productive gold mines. Most notably the Black Fox mine (Brigus Gold), the Hislop mine (St Andrews Goldfields) and the Ross mine
Recent Drill Results include: 63m of 1.21 g\t gold and 2m of 13.95 g/t gold
CHINESE COPPER LIES: Chinese Copper Inventories Revealed To Be Double Estimated … Or are they? Did China lie in 2010, or now? Read More
ENVIRO AT RING OF FIRE: Mining Watch Canada NOT Happy With Ring Of Fire Enviro Assessment Member Post
GRAPH – AMERICANS NOT WORKING: Only 58% Of Americans Have A Job Today … What It Will Take To Fix It Read More
RITHOLTZ PISSED AS FLORIDA AG FOR SALE: Florida AG Takes Orders, Money from Fraudclosure Firm – Fires top Fraudclosure lawyersRead More
ZINC LOOKS GOLDEN: Â Zinc Bear Market Seen Coming To An End With China Gobbling Up Supplies … Good For New Donner Metals / Xstrata Mine …Â Full Story
MUST WATCH VIDEO … Jeffrey Sachs Hammers Wall Street, Republican Congress and Obama At Occupy Wall Street Scrum … Why The Whole System Is Rigged And Why It Needs To Be Ripped Down Watch Video
Posted by AGORACOM
at 2:03 AM on Thursday, October 13th, 2011
Until this trend changes, the US economy is moving closer to 1960 than 2000. Â What will it take to turn this trend around? A combination of the following:
Banks need to start lending to small business
Corporations need to start spending some of their cash
Congress needs to provide fiscal stimulus that focuses on small business and large infrastructure
Congress and / or the Fed need to unclog the real estate market = incentives for banks and borrowers to take their medicine and finally part with dead real estate
Click on image to be taken to full story at Business Insider
Posted in All Recent Posts, US Economy | Comments Off on Only 58% Of Americans Have A Job Today … What It Will Take To Fix It
Posted by AGORACOM
at 11:41 PM on Wednesday, October 12th, 2011
You simply need to listen to Obama supporter, Economist, Harvard Professor. Â If you need to review his qualifications, see the Wikipedia entry below …. but watch the video first and take my word for it. Â Here are just some of the things he had to say, which aren’t original but carry much more weight given his status. Â I love the fact he expressed them on the fly during a media scrum at OccupyWallStreet …. The man needs to run for President:
The White House, Congress and The Senate Are Bought And Paid For
Get The Money Out Of Politics IF You Want Democracy Back
Obama Looked Like He Was Going To Change This Until He Put Wall Street Into The White House
He Hired The Team That Created The Mess To Begin With
Sachs Supported Obama In The Last Election
Obama Is Raising A $1 Billion War Chest For Re-Election
The People Need To Use Social Media To Effect Change As Fast And As Wide As Possible
Especially Since American Politicians Don’t Have A Clue About Social Media And Can Be Exploited
Who Watches TV Anymore Anyway
Jeffrey David Sachs (pronounced /ˈsæks/; born November 5, 1954, in Detroit, Michigan) is an American economist and Director of The Earth Institute at Columbia University. One of the youngest economics professors in the history of Harvard University, Sachs became known for his role as an adviser to Eastern European and developing country governments in the implementation of so-called economic shock therapy during the transition from communism to a market system or during periods of economic crisis. Some of his recommendations have been considered controversial. Subsequently he has been known for his work on the challenges of economic development, environmental sustainability, poverty alleviation, debt cancellation, and globalization.
Sachs is the Quetelet Professor of Sustainable Development at Columbia’s School of International and Public Affairs and a Professor of Health Policy and Management at Columbia’s School of Public Health. He is Special Adviser to United Nations Secretary-General Ban Ki-Moon, and the founder and co-President of the Millennium Promise Alliance, a nonprofit organization dedicated to ending extreme poverty and hunger. From 2002 to 2006, he was Director of the United Nations Millennium Project’s work on the Millennium Development Goals, eight internationally sanctioned objectives to reduce extreme poverty, hunger, and disease by the year 2015. Since 2010 he has also served as a Commissioner for the Broadband Commission for Digital Development, which leverages broadband technologies as a key enabler for social and economic development.[1] He is a member of the scientific committee of the Fundacion IDEAS, Spain’s Socialist Party’s think tank.
He has authored numerous books, including The End of Poverty and Common Wealth, both New York Times bestsellers and his latest book The Price of Civilization released on October 4, 2011. He has been named one of Time Magazine’s “100 Most Influential People in the World” twice, in 2004 and 2005.
In 2005, the SEC adopted a rule that required the filing of what is an equivalent to a public offering prospectus for a merger with a public reporting shell company. In recent months the SEC has taken to reviewing these transactions and issued advice based on these reviews.
The SEC has reiterated that virtually any acquisition, including by lease, merger or exchange, triggers the obligation to file a Super 8-K. Issuers were also reminded that Item 9.01(b) of Form 8-K requires pro forma financial information to be included, not just the financial statements of the acquired company. Additionally, any exhibits, including those representing material contracts, have to be in English. Clear disclosure of holding company and control arrangements, as well as a detailed description of both current and planned business going forward is also required. Lastly, if risk factors are included, they must be tailored specifically to the company.
The SEC also offered guidance pertaining to the involvement of officers in the company. If officers are not spending full time in the business, they should be specific about the time they do devote. It is also important to include a summary compensation table for the acquired company’s most recent fiscal year. In disclosing affiliate and related transactions, a two year look back prior to the public company’s latest fiscal year is required in describing the standards used to determine director independence
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