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VHMC Valley High Mining Co. featured news, full reports, and detailed charts

Valley High Mining Co. (VHMC/VHMC.OB) Wrap Up:

Valley High Mining Company operates as a precious metals mineral exploration company. It intends to seek and enter into a joint venture, partnership, or other business arrangement, which will provide the funding and mining expertise necessary to explore for the silver, lead, zinc, and gold mineral potential claims at North Beck Claims located adjacent to and west of the town of Eureka, Utah. The company was incorporated in 2004 and is based in Salt Lake City, Utah.
Founded in 2004

Valley High Mining Co. (VHMC:OTC Bulletin Board Market)

LAST $0.15 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of March 3, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Valley High Mining Co. (VHMC)

OPEN
--
PREVIOUS CLOSE
$0.15
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
02/17/09 - $0.22
52 WEEK LOW
03/3/09 - $0.15
MARKET CAP
792.2K
AVERAGE VOLUME 3 mo
0.0
DILUTED EPS TTM
--
SHARES OUTSTANDING
5.3M
VHMC Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

VHMC Top Compensated Officers

Mr. John Michael Coombs
Chairman, Chief Executive Officer, President,...
Age: 54
Total Annual Compensation: --

Executives, Board Directors

Compensation as of Fiscal Year 2009.

Key developments for Valley High Mining Co. (VHMC)

Valley High Mining Co. Reports Earnings Results for the Second Quarter Ended June 30, 2009

Valley High Mining Co. reported earnings results for the second quarter ended June 30, 2009. For the quarter, the company reported net loss of $2,184, down from $2,011 for the same quarter the previous year 2008.

Valley High Mining Co. Auditor Raises 'Going Concern' Doubt

Valley High Mining Co. filed its 10-K on February 17, 2009 for the period ending December 31, 2008. In this report its auditor, Pritchett, Siler & Hardy, P.C., gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Valley High Mulls Raising Capital

Valley High Mining Co., in a filing with the United States Securities And Exchange Commission, has said that the company will have to raise additional funds to continue its drilling program. The company in its filing, said: “It is noteworthy that even if we were to complete a successful mineral exploration program and we successfully identify a mineral deposit (something to which there can be no assurance whatsoever), we will still be required to raise substantial additional funds in order to undertake further drilling and engineering studies (i.e., development) to determine if a particular mineral deposit does in fact have commercial viability.” “However, the company has incurred losses since inception and currently has no on-going operations. Further, the company has current liabilities in excess of current assets. These factors raise substantial doubt about the ability of the company to continue as a going concern. In this regard, management is proposing to raise any necessary additional funds not provided by operations through loans, through possible additional sales of its common stock, or through a transaction with a mining joint venture partner in which the partner or joint venture partner would finance a mineral exploration program on the Company’s claims,” the filing added.

otc, otcbb, pinksheet, VHMC, ob Valley High Mining Co.

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More Recent News About Valley High Mining Co.

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VALLEY HIGH MINING CO Financials

PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue -   -   -   -  Cost of Revenue -   -   -   -  Gross Profit -   -   -   -  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative2  2  5  2  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss(2)(2)(5)(2)Income from Continuing OperationsTotal Other Income/Expenses Net -   -   -   -  Earnings Before Interest And Taxes(2)(2)(5)(2)Interest Expense -   -   -   -  Income Before Tax(2)(2)(5)(2)Income Tax Expense -   -   -   -  Minority Interest -   -   -   -  Net Income From Continuing Ops(2)(2)(5)(2)Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Acco...
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VALLEY HIGH MINING CO Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation. Valley High Mining Company ("Valley High," "Company," "we" or "us") is a start-up, exploration stage mining company that has not yet generated or realized any revenues from its business operations. As a precious metals mineral exploration company, it has been our intent and objective to obtain a partner or joint venturer with the funding and mining expertise necessary to explore our leased mineral claims located in the Tintic Mining District of Juab County, Utah, directly west of the town of Eureka, Utah (hereinafter "The North Beck Claims" or "mineral claims") for their silver, gold, lead and zinc potential. These mineral claims contain several mines or mining shafts, two of which are relatively deep or extensive. One, called the Sacramento Mine, was dug prior to 1898 and it is 1,000 ft. deep. The other, called the North Beck Mine, is 1,600 ft. deep and was dug between 1917 and 1922. There are several other mines, shafts, holes or "prospecting pits" on our mineral claim property that vary from 50 feet deep to 500 ft. deep. Our stock trades on the Over-the-Counter Bulletin Board (OTCBB) under the symbol VHMC.OB. Having completed Phase One of our business plan and Plan of Operation over 4 years ago, we have since been pursuing Phase Two. This is the phase in which we have been attempting to obtain a joint venture mining exploration partner to explore our patented mining claims acquired by us by lease agreement in 2004 ("the North Beck Claims"). Prior to the acquisition of the North Beck Claims with an affiliated party and the filing of our initial registration statement with the Securities and Exchange Commission on Form 10-SB in March 2005, over 4 years ago, we had been dormant and inactive for over 15 years. For further information concerning the progress we have made towards fulfilli...
Click here to read the whole Article (external link)

VALLEY HIGH MINING CO Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation. Valley High Mining Company ("Valley High," "Company," "we" or "us") is a start-up, exploration stage mining company that has not yet generated or realized any revenues from its business operations. As a precious metals mineral exploration company, it has been our intent and objective to obtain a partner or joint venturer with the funding and mining expertise necessary to explore our leased mineral claims located in the Tintic Mining District of Juab County, Utah, directly west of the town of Eureka, Utah (hereinafter "The North Beck Claims" or "mineral claims") for their silver, gold, lead and zinc potential. These mineral claims contain several mines or mining shafts, two of which are relatively deep or extensive. One, called the Sacramento Mine, was dug prior to 1898 and it is 1,000 ft. deep. The other, called the North Beck Mine, is 1,600 ft. deep and was dug between 1917 and 1922. There are several other mines, shafts, holes or "prospecting pits" on our mineral claim property that vary from 50 feet deep to 500 ft. deep. Our stock currently trades on the Over-the-Counter Bulletin Board (OTCBB) under the symbol VHMC.OB. Having completed Phase One of our business plan and Plan of Operation over 3 years ago, we have since been pursuing Phase Two. This is the phase in which we have been attempting to obtain a joint venture mining exploration partner to explore our patented mining claims acquired by us by lease agreement in 2004 ("the North Beck Claims"). Prior to the acquisition of the North Beck Claims with an affiliated party and the filing of our initial registration statement with the Securities and Exchange Commission on Form 10-SB in March 2005, over 4 years ago, we had been dormant and inactive for over 15 years. For further information concerning the progress we have made towards fulfilling o...
Click here to read the whole Article (external link)

VALLEY HIGH MINING CO Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation. Valley High Mining Company ("Valley High," "Company," "we" or "us") is a start-up, exploration stage mining company that has not yet generated or realized any revenues from its business operations. As a precious metals mineral exploration company, it has been our intent and objective to obtain a partner or joint venturer with the funding and mining expertise necessary to explore our leased mineral claims located in the Tintic Mining District of Juab County, Utah, directly west of the town of Eureka, Utah (hereinafter "The North Beck Claims" or "mineral claims") for their silver, gold, lead and zinc potential. These mineral claims contain several mines or mining shafts, two of which are relatively deep or extensive. One, called the Sacramento Mine, was dug prior to 1898 and it is 1,000 ft. deep. The other, called the North Beck Mine, is 1,600 ft. deep and was dug between 1917 and 1922. There are several other mines, shafts, holes or "prospecting pits" on our mineral claim property that vary from 50 feet deep to 500 ft. deep. Our stock currently trades on the Over-the-Counter Bulletin Board (OTCBB) under the symbol VHMC.OB. Having completed Phase One of our business plan and Plan of Operation over 3 years ago, we have since been pursuing Phase Two. This is the phase in which we are attempting to obtain a joint venture mining exploration partner to explore our patented mining claims acquired by us by lease agreement in 2004 ("the North Beck Claims"). Prior to the acquisition of the North Beck Claims with an affiliated party and the filing of our initial registration statement with the Securities and Exchange Commission on Form 10-SB in March 2005, over 4 years ago, we had been dormant and inactive for over 15 years. For further information concerning the progress we have made towards fulfilling our ove...
Click here to read the whole Article (external link)

VALLEY HIGH MINING CO Files SEC form 10-K, Annual Report

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION AND RESULTS OF OPERATIONS. We are a start-up, exploration stage corporation and have not yet generated or realized any revenues from our business operations. As a precious metals mineral exploration company, it is our intent and objective to obtain a partner or joint venturer with the funding and expertise necessary to explore our leased mineral claims located in the Tintic Mining District of Juab County, Utah, directly west of the town of Eureka, Utah (hereinafter "The North Beck Claims" or "mineral claims") for their silver, lead, gold and zinc potential. These mineral claims contain several mines or mining shafts, two of which are relatively deep or extensive. One, called the Sacramento Mine, was dug prior to 1898 and it is 1,000 ft. deep. The other, called the North Beck Mine, is 1,600 ft. deep and was dug between 1917 and 1922. There are several other mines, shafts, holes or "prospecting pits" on our mineral claim property that vary from 50 feet deep to 500 ft. deep. Having completed Phase One of our business plan and Plan of Operation during our first quarter of the fiscal year, we are now in the position of pursuing Phase Two. This is the phase in which we are attempting to obtain a joint venture mining exploration partner to explore our patented mining claims acquired by us by lease agreement in 2004 ("the North Beck Claims"). During 2006, we obtained, through the National Association of Securities Dealers, Inc., an Over-the-Counter Bulletin Board (OTCBB) symbol. That symbol is VHMC.OB. In the beginning of our 2006 fiscal year, our energies were devoted towards getting our Form 10-SB/A "cleared" by the Commission and also, completing Phase One of our Plan of Operation, which was the completion of a detailed geology report. These two goals were accomplished in March 2006. Later, our energies were devoted to obtaining an OTC Bulletin Board symbol, wh...
Click here to read the whole Article (external link)

VALLEY HIGH MINING CO Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation. Valley High Mining Company ("Valley High," "Company," "we" or "us") is a start-up, exploration stage mining company that has not yet generated or realized any revenues from its business operations. As a precious metals mineral exploration company, it has been our intent and objective to obtain a partner or joint venturer with the funding and mining expertise necessary to explore our leased mineral claims located in the Tintic Mining District of Juab County, Utah, directly west of the town of Eureka, Utah (hereinafter "The North Beck Claims" or "mineral claims") for their silver, gold, lead and zinc potential. These mineral claims contain several mines or mining shafts, two of which are relatively deep or extensive. One, called the Sacramento Mine, was dug prior to 1898 and it is 1,000 ft. deep. The other, called the North Beck Mine, is 1,600 ft. deep and was dug between 1917 and 1922. There are several other mines, shafts, holes or "prospecting pits" on our mineral claim property that vary from 50 feet deep to 500 ft. deep. Our stock currently trades on the Over-the-Counter Bulletin Board (OTCBB) under the symbol VHMC.OB. Having completed Phase One of our business plan and Plan of Operation over 2½ years ago, we have since been pursuing Phase Two. This is the phase in which we are attempting to obtain a joint venture mining exploration partner to explore our patented mining claims acquired by us by lease agreement in 2004 ("the North Beck Claims"). Prior to the acquisition of the North Beck Claims with an affiliated party and the filing of our initial registration statement with the Securities and Exchange Commission on Form 10-SB in March 2005, over 3½ years ago, we had been dormant and inactive for over 15 years. For further information concerning the progress we have made towards fulfilling our...
Click here to read the whole Article (external link)

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