MARKET HEADLINE: SHORT SELLING BY OCTOBER

Apex Mining Co., Inc.
#1
BUSINESS PROFILE

Apex Mining Company, Inc. (APX) was incorporated on February 26, 1970 as a company principally engaged in the business of mining and production of gold, silver, copper, lead and other precious metals. APX listed its shares publicly in 1974.

On December 22, 2005, the Mines and Geosciences Bureau (MGB) approved the Company's Mineral Production Sharing Agreement (MPSA) covering 679.02 hectares situated in Maco, Campostela Valley. On June 25, 2007, MGB approved the Company's second MPSA covering an additional 1,558.5 hectares near the same area. APX entered into a service contract with local cooperatives composed of the indigenous people and local government units of Masara lines to explore the Sagaysagay vein discovered within the area of its second MPSA in December 2008. On January 1, 2009, APX commenced commercial operations after achieving target production volume requirements.

In October 2009, Crew Gold Corporation completed its divestment in the local mining industry and sold its equity share in APX, as well as to local affiliates including Teresa Crew Gold (Philippines), Inc. and Mapula to Mindanao Gold Ltd. (Mindanao Gold), an entity incorporated and registered in Malaysia, for US$7 million. As of December 31, 2010, APX's majority shareholder is Mindanao Gold, whose ultimate parent company is Abracadabra Speculative Ventures Inc., an entity incorporated and doing business in Malaysia.

Source: SEC Form 17-A (2010)



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Kung walang drama walang saya Tongue
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#2
Alam ko may ugat dito...ano kaya ma-discover dun? Smile
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#3
(07-01-2011, 10:55 AM)Ruach Wrote: Alam ko may ugat dito...ano kaya ma-discover dun? Smile

Ang office nito exactly nasa ibaba ng office ko... Subukan ko hukayin mamaya kung ano ang laman ng ugat...singakamas, kamote...luya..mani...Big Grin...Heart
"The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius."
-Alan Greenspan-
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#4
^Bwahahahahahaha....hmmm....kaso mura lang kung singkamas, kamote, luya, mani....baka naman mas mahal ang ugat na ito para mabenta? Makatingin muna sa kisame para makapag isip-isip. Rolleyes
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#5
Nearly half of Apex Mining shares listed back on bourse

APEX MINING Co., Inc. shares previously held in escrow will be eligible for trading beginning today.
“The 560,935,860 common shares of the company previously locked-up shall be eligible for trading on the exchange commencing on Tuesday, July 19, 2011,” the Philippine Stock Exchange (PSE) said in a disclosure yesterday.

Source: BusinessWorld
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#6
Sumabog na alaga ni sir bordz.
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#7
...bilis ng mata hahaha Big Grin
Pls don't follow me....I'm lost too! hehe
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#8
Bakit nilabas nyo sing with me na lng dandan ...G O L D.....Big Grin
"The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius."
-Alan Greenspan-
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#9
hehe APXB led at the close, sana umarangkada nman si A bukas Big Grin
"“You can’t cross a sea by merely staring into the water.” -Rabindranath Tagore
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#10
Maganda kwento nito. Mas-ok risk-reward ratio kaysa sa ibang stuck ngayong araw.
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