MGOL Minatura Gold featured news, full reports, and detailed charts
Minatura Gold (MGOL/MGOL.OB) Wrap Up:
Minatura Gold is pursuing the exploration, development, mining, dredging, and refining of gold, as well as the exploration and commercialization of other precious metals available in the Republic of Colombia. The company is based in San Diego, California.Minatura Gold (MGOL:OTC Bulletin Board Market)
Snapshot of Minatura Gold (MGOL)
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OPEN
$7.85
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PREVIOUS CLOSE
$7.80
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DAY HIGH
$8.15
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DAY LOW
$7.85
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52 WEEK HIGH
08/17/09 - $9.25
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52 WEEK LOW
09/29/09 - $4.10
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MARKET CAP
120.7M
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AVERAGE VOLUME 3 mo
6.3K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
14.8M
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MGOL Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
MGOL Top Compensated Officers
Executives, Board Directors
Key developments for Minatura Gold (MGOL)
On 11/17/2009, Minatura Gold announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Minatura Gold announced that its Board of Directors has appointed De Joya Griffith & Company, LLC as Minatura's independent registered public accounting firm for the fiscal year ending December 31, 2009. De Joya Griffith is currently reviewing Minatura's results for the third quarter of 2009 and also conducting a re-audit of Minatura for the fiscal year ended December 31, 2008.
Minatura Gold announced that it has put into place new officers and directors to commence gold mining operations in Colombia in anticipation of completing its merger with Gold Resource Partners, LLC. The board of directors of MGOL has nominated Paul Dias and Bill McVey as directors, and Mr. Causey has resigned his position as the sole director. The board then elected Juan Perez as President, Paul Dias as Chief Executive Officer, and Bill McVey as Secretary and Treasurer. The change in the board of directors and officers of MGOL is intended to expedite the process of: (i) effectuating the company's gold mining operations under MGOL, (ii) attracting additional capital for MGOL to be primarily utilized in the Colombian operations, and (iii) establishing management continuity upon completion of the Colombian acquisitions.
MGOL Competitors
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Industry Analysis
| Valuation | MGOL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 598.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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MGOL |
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MGOL transactions
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| No transactions in the last 6 months. | ||
More Recent News About Minatura Gold
More news for MGOL
Minatura Gold Announces New Auditor
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Minatura Gold (“Minaturaâ€) (OTCBB: MGOL - News) announced that its Board of Directors has appointed De Joya Griffith & Company, LLC (“De Joya Griffithâ€) as Minatura’s independent registered public accounting firm for the fiscal year ending December 31, 2009. De Joya Griffith is currently reviewing Minatura’s results for the third quarter of 2009 and also conducting a re-audit of Minatura for the fiscal year ended December 31, 2008.About De Joya Griffith & Company, LLCDe Joya Griffith & Company, LLC, a full-service accounting firm based in Henderson, Nev., offers a wide range of audit, tax and business services that include preparation of audited financial statements, tax compliance, and various consulting services for individuals and business entities. De Joya Griffith & Company specializes in serving both public companies under the Securities and Exchange Commission rules, as well as privately held companies.About Minatura GoldMinatura Gold is involved in the operation and acquisition of gold mining concessions in Colombia, in addition to acquiring a dredging equipment manufacturer capable of producing mining equipment utilized in mining operations.SAFE HARBOR PROVISIONS FOR FORWARD-LOOKING STATEMENTSThis news release may contain forward-looking statements within the federal securities laws. Statements...Click here to read the whole Article (external link)
CORRECTING and REPLACING Minatura Gold Announces Approval for Listing in Mergent Manual and News ReportsTM
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Please replace the release dated Sept. 2, 2009 with the following corrected version due to multiple revisions. The corrected release reads: MINATURA GOLD ANNOUNCES APPROVAL FOR LISTING IN MERGENT MANUAL AND NEWS REPORTSTMMinatura Gold (OTCBB:MGOL - News™. Minatura Gold’s corporate profile, which includes descriptive text data as well as news and financial statements, is accessible via Mergent’s online and print products, effective September 1, 2009, says Minatura Gold’s CEO, Paul Dias.As part of Mergent’s listing services, the new description will be highlighted separately on www.mergent.com with an active hyperlink back to Minatura Gold’s website.™ Financial Information Services division in 1998. Minatura Gold’s listing will aid the brokerage community in making a market for the company’s stock. However, it is recommended that brokers confirm with their compliance/legal department concerning “Blue Sky†laws in spec...Click here to read the whole Article (external link)
Minatura Gold Announces Approval for Listing in Mergent Manual and News ReportsTM
Expired Yahoo - Document Has Expired/bw/090902/20090902005349.html Options that might be of interest: Go to the Yahoo! home page. Go to the Yahoo! Finance home page. Go to the Yahoo! Loan Center. Go to the Yahoo! Insurance Center. Other resources: Message Boards - Stock Chat - Finance Clubs ...Click here to read the whole Article (external link)
MINATURA GOLD Financials
PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue - - - - Cost of Revenue - - - - Gross Profit - - - - Operating ExpensesResearch Development - - - - Selling General and Administrative48 37 7 13 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss(48)(37)(7)(13)Income from Continuing OperationsTotal Other Income/Expenses Net0 - 0 0 Earnings Before Interest And Taxes(48)(37)(7)(13)Interest Expense0 - - - Income Before Tax(48)(37)(7)(13)Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops(48)(37)(7)(13)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - ...Click here to read the whole Article (external link)
MINATURA GOLD Files SEC form 10-Q, Quarterly Report
Item 2. Plan of Operation. References in the following discussion and throughout this quarterly report to "we", "our", "us", "the Company", and similar terms refer to Minatura Gold and its subsidiary unless otherwise expressly stated or the context otherwise requires. The information set forth herein is only a summary of our business plans. The following business description assumes (i) the completion of the GRP Merger, and (ii) the GV Acquisition. The following is a description of the business that MGOL intends to operate after the closings of the GRP Merger and the GV Acquisition. OVERVIEW AND OUTLOOK Minatura Gold ("MGOL") was formed as a Nevada corporation in January 2007 as Boatatopia. In March of 2008 MGOL changed its name to Minatura Gold, and as a result of entering into agreements with Gold Resource Partners LLC ("GRP") and Flat Holdings, LLC, ("Flat"), Minatura Gold is pursuing the exploration, development, mining, dredging and refining of gold as well as the exploration and commercialization of other precious metals available in the Republic of Colombia. The agreements with GRP and Flat will provide Minatura Gold with the ownership of 100% of Gold Ventures 2008, LLC, and with 100% of Minatura Nevada Corp., 100% of Camicol SA, along with various other mining properties located in Colombia, including the San Pablo Gold Mine, an ongoing mining operation that is in production, located in the mining district of Segovia-Remedios. Upon closing of the transactions with GRP and Flat, MGOL will own and operate mining concessions in Colombia, in addition to owning a dredging equipment manufacturer capable of producing mining equipment utilized in mining operations. The mining concessions located in the mining districts of Antioquia and Caldas, Colombia, currently include in excess of 99,000 acres of mining property. Dredging equipment built and supplied by Minatura Nevada Corp., a subsidiary...Click here to read the whole Article (external link)
MINATURA GOLD Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements and
Show all filings for MINATURA GOLD | Request a Trial to NEW EDGAR Online Pro Form 8-K for MINATURA GOLD 28-Jul-2009Entry into a Material Definitive Agreement, Other Events, Financial Statements and Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provide...Click here to read the whole Article (external link)
MINATURA GOLD Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointments of Principal Officers (b) Resignation of Director and Officers On June 24, 2009, Mr. Steve Causey gave the Registrant notice of his resignation from his position as a member of the Board of Directors and as President of the Registrant, effective immediately. On June 24, 2009, Ms. Gisela Stoecklein gave the Registrant notice of her resignation from her position as Secretary of the Registrant, effective immediately. (c) Appointment of Officers Upon the resignation of Mr. Causey and Ms. Stoecklein, the Board of Directors appointed Mr. Juan Perez to serve as the Registrant's President, Mr. Paul R. Dias as CEO, and appointed Mr. Bill McVey to serve as the Registrant's Secretary and Treasurer. Juan Perez - President Mr. Perez is a US citizen who has lived in Colombia for most of his life. He was a consultant to business and government on numerous alluvial mining and exploration projects in Colombia for over 30 years. Mr. Perez was General Manager and a Co-founder of Promocion de Proyectos Mineros (PPM). He was also Professor at the Faculty of Mines in Medellin from 1984 to 2007. Mr. Perez graduated with a degree in mining engineering from the Universidad Nacional in Colombia and completed postgraduate studies in the UK at the University of Nottingham. Paul R. Dias - CEO Paul Dias is the original founder of Gold Resource Partners and various related entities. A financier and venture capitalist with over 20 years of international business experience, he has raised capital for numerous companies in natural resources, information technology and alternative health sectors. Mr. Dias has been exclusively involved in the acquisition, exploration, and development of mineral concessions in Colombia since 2001. Along with Gold Resource Partners, Mr. Dias is also the founder of subsidiary companies that support mining operations in Colombia. Those include a dredge manufacturing fa...Click here to read the whole Article (external link)
