+ Watch SLCO
on My Watchlist
On Nov 15, 2013, SLCO trading was suspended by the SEC "because of concerns regarding the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in Sovereign Lithium’s common stock.” The suspension is in place for two weeks, and followed on the heels of a new round of promotional mailers sent to speculators that seemed to drive the stock price up on unusual volume earlier in November. This has all of the hallmarks of a pump-and-dump.SLCO still has no revenues and is issuing stock to cover operational expenses. Look for the stock to hit 52 week lows in early December 2013.
Don't panic, they did a reverse split on Friday 7/12/13. This will soon get adjusted by our friends at the Fool.
Foundation and Empire
That book was accidentally destroyed maliciously...
Stock scam pump and dump.
April 30, 2013 09:13 AM Eastern Daylight Time Great American Energy, Inc. Completes Grid Layout & Soil Sampling in Phase I of Exploration Program for Bear Creek Rare Earth Exploration ProjectDENVER--(BUSINESS WIRE)--Great American Energy, Inc. (OTCBB: SRBL) ("Great American Energy" and/or "the Company") announces the completion, as of April 26, 2013, of the geophysical grid layout and soil sampling in Phase I of the Company's exploration program on the Bear Creek Rare Earth Project in British Columbia (BC), Canada. A summary of exploration activity completed to date (as of April 27, 2013) has been prepared and submitted to the BC Ministry of Mines and Petroleum. “We're encouraged to have completed this first stage of work on Phase I of our exploration program. Once we have the sampling data back, we'll be enabled to continue Phase I with greater insight of the Bear Creek Rare Earth Project's mineralization.”The 3-phase program includes Soil/Magnetic Grid exploration, trenching and a diamond core drilling program on identified areas mainly to the center of the Bear Creek claims. As part of Phase I, a 41-kilometer (25-mile) flagged grid layout was completed with grid stations placed every 100 and 50 meters, with 25-meter set stations to take accurate magnetic readings. Also as part of Phase I, 447 soil samples were collected, marked and tagged for transport to Acme Laboratories in Vancouver, BC, where the Bear Creek Rare Earth samples will be analyzed for rare earths. The analysis of the sampling exploration activity is expected to last approximately 1 month. Once the sample data is finalized, the magnetic and mapping survey will commence. The data and insight gained from Phase I will guide the subsequent exploration phases: Phase II will consist of roughly 1.2 kilometers (0.75 miles) of trenching, while Phase III will consist of a 900-meter (2,952-foot) diamond drilling program, including at least 3 and potentially up to 46 diamond drill coring holes to a depth of 100 to 300 meters (328 to 984 feet). The objective of the Phase III drill program is to determine an indicated and/or referred resource, and will include a full report written by a Qualified Geologist. More details on all Phases of the exploration program will be released as they become available. Great American Energy's CEO, Felipe Pimienta, commented: "We're encouraged to have completed this first stage of work on Phase I of our exploration program. Once we have the sampling data back, we'll be enabled to continue Phase I with greater insight of the Bear Creek Rare Earth Project's mineralization." The Bear Creek Rare Earth Project consists of 10 mining claims totaling ~7,311 acres (~2,959 hectares) that contain potential for significant resources of rare earth elements (REEs) and may contain rare earth oxides. The property lies within the Rocky Mountain Rare Metal Belt, which runs from southeast to northwest BC. In total, the BC Geological Survey has mapped 106 rare metal and/or REE occurrences in the province, most of which fall within the belt. MORE INFORMATIONLearn more about the Bear Creek Rare Earth Project, the Company, and its recent news at Great American Energy’s website: http://www.gamericanenergy.com. ABOUT GREAT AMERICAN ENERGY, INC.Great American Energy, Inc. is a publicly traded (OTCBB: SRBL) mineral exploration and development company focused on supporting America’s growing clean energy and clean tech industries. Based in Denver, Colorado, Great American Energy is dedicated to responsibly identifying, acquiring and developing mineral assets in America and US-friendly countries. The Company’s portfolio of projects currently targets lithium and rare earth element production, both of which are essential to America's clean energy and clean tech industries. For more information on the Company and its activities, visit Great American Energy’s website at http://www.gamericanenergy.com.ON BEHALF OF THE BOARD OF DIRECTORS,Great American Energy, Inc.Felipe Pimienta, CEO 999 18th StreetSuite 3000Denver, Colorado80202 This press release includes certain statements that are forward-looking in nature and that involve a number of uncertainties and risks. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on Great American Energy, Inc.'s current expectations and projections regarding future events, which are based on currently available information. The forward-looking statements in this press release may also include statements relating to Great American Energy Inc.'s anticipated new developments, business prospects, financial performance, strategies and similar matters. Great American Energy, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law. SOURCES:1. Bear Creek Rare Earth Project Report. Dr. Stewart A. Jackson, PhD, P, GeoI., Feb. 12, 2011.2. Resource World Magazine, Aug. 2010.3. BC Ministry of Energy and Mines website, July 4, 2012. ContactsInvestor Relations:Great American Energy, Inc.Steve Carr, email@example.comCompensation and Other Disclosures The content of this message is published by Meson Consulting Ltd. and sent to select email lists through Lake Group Media, Inc. ("Lake") to provide readers with information on selected publicly traded companies. Factual information is obtained from public filings and other sources deemed to be reliable; however, neither Meson Consulting Ltd. nor Lake takes responsibility for verifying the accuracy of such information and they make no representation that such information is accurate or complete. Certain of the statements in this Update may be considered forwarded looking statements. Meson Consulting Ltd.and Lake make no representation and provide no assurance or guaranty that such forward looking statements will prove to be accurate. See the company’s filings with the Securities and Exchange Commission for factors that may cause results to be significantly different. Statements of opinion and belief are those of the authors and/or editors of this Update, and are based solely upon the information possessed by such authors and/or editors; no inference should be drawn that such authors or editors have any special or greater knowledge about the company or companies profiled or any particular expertise in the industries or markets in which the profiled company or companies compete. The reader should verify all claims and complete his own due diligence before investing in any securities of the profiled company or companies. Neither Meson Consulting Ltd. Lake, nor anyone involved in the publication or dissemination of this Update is a registered investment adviser or broker/dealer. Meson Consulting Ltd. and Lake make no recommendation that the purchases of securities of the company or companies profiled in this Update are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the company or companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. An investor in such securities should be prepared and able to bear a loss of his or her entire investment. Nothing in this Update should be construed as an offer or solicitation to buy or sell any securities of any profiled company. Lake has been retained to provide direct marketing services for the company profiled in this Update and receives compensation for those services. Further, Lake and its employees and affiliates may own, or may purchase and sell, securities of the company or companies profiled. Lake undertakes no obligation to inform readers about the ownership or trading activities of it or its employees or affiliates in the securities of the profiled company or companies. 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"Leading Geologist Confirms Stunning Discovery!"The Future of America's Electronics Industry Could Depend on This Still Undiscovered Company.FACT: Rare Earth Elements (REEs) are absolutely essential for the manufacture of missile guidance systems... satellites... surveillance equipment... computers... smartphones... and a host of other defense weapons and electronics. Without access to Rare Earth Elements, America’s defense and electronics industries would wither and die.FACT: China currently has a 95% monopoly on the world’s production of Rare Earth Elements and has already announced intentions to severely reduce or even cut off exports.ACT: Great American Energy has the rare earth elements that could save America's defense and high-tech electronics industries... and they're strategically located right here in North America.Turn $10,000 into $100,000in the next 10-12 months!Fellow Investor:There can be little doubt, the sleeping dragon has awakened. And, it's baring its fangs and breathing fire in America's face.China can no longer disguise its desire to become the world's dominant economic and military power: China's official defense budget rose 11.2% to $100 billion in 2012. Who knows how much it's not reporting? China is developing a range of capabilities linked to the space and cyber domain in order to sidestep the overwhelming might of the U.S. military in the Pacific region. China's People's Liberation Army boasts more than two million under arms - by far, the biggest military in the world. In the last 18 months, territorial rights to the resource-rich waters of the South China Sea have led Chinese Navy Ships to clash with ships from Japan, Vietnam, South Korea and the Philippines. China seems to be testing the strength of America's 1960 Security Treaty with Japan by attempting to force the U.S. to take sides in the dispute over the Senkaku Islands. On Nov. 23, 2012, China confirmed the first successful carrier landings of its J-15 fighter aboard its first aircraft carrier, the Liaoning. Meanwhile, China's continued currency manipulation has increased the U.S. trade deficit to $295 billion a year. China has amassed foreign exchange reserves of more than $1 trillion USD, far surpassing any other nation's reserves. And China's yuan remains undervalued by as much as 40 percent against the U.S. dollar.Although little publicized, there's a far more serious andmore immediate threat to the World's balance of power:China currently has a 95% choke hold on the irreplaceable, high-tech materials the U.S. defense industry absolutely must have to keep making missile guidance systems. . .drones. . .smart bombs. . . orbiting surveillance equipment and a host of other high-tech weapons and communications.What's more, without these critical materials, America's electronics industry could no longer manufacture iPhones... iPads... iPods... MacBooks... PCs... HD-TVs... GPSs or most of today's hot electronics. China's economic plan is to capture those manufacturing jobs!China has announced it is going to choke off exports of these essential materials in an all-out effort to cripple America's military might and force the U.S. electronics industry to move manufacturing jobs to China.But now, thanks to a forward-looking American start-up, the U.S. defense industry and our consumer electronics manufacturers can be assured of an almost-limitless, domestic source of this essential resource.Great American Energy Inc. (SRBL)is estimated* to be sitting on...$143.25-Billion* worth of the critical materials the U.S. has previously hadno choice but to buy from China!A very conservative recovery rate of just 10%translates to $14.325 billion in recoverable* minerals representing a per-share value** of $161.26!Buy $10,000 worth of SRBL now while you can still get it at this absolute ground-floor price around $1 a share and when it explodes to $10.00 you could be sitting on $100,000!"
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