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WVNTF World Ventures Inc. featured news, full reports, and detailed charts

World Ventures Inc. (WVNTF/WVNTF.OB) Wrap Up:

World Ventures, Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada, the United States, Costa Rica, and Panama. The company explores for diamonds, gold, copper, iron, molybdenum, tungsten, lead, zinc, and silver. Its principal resource properties include the Lapon Canyon Property, which is located in Mineral County Nevada, near Reno Nevada, the United States; the Triton Property located in the McMurchy Township, Shining Tree Mining District, Ontario, Canada; and the Crystal Springs Property, which is located in Central Saskatchewan, Canada. The company, formerly known as Nu-Dawn Resources, Inc., was founded in 1980 and is headquarter...
www.worldventuresinc.net
Founded in 1980

World Ventures Inc. (WVNTF:OTC Bulletin Board Market)

LAST $0.09 USD
CHANGE TODAY 0.00 0.00%
VOLUME 5.0K
As of 10:35 AM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of World Ventures Inc. (WVNTF)

OPEN
$0.09
PREVIOUS CLOSE
$0.09
DAY HIGH
$0.09
DAY LOW
$0.09
52 WEEK HIGH
09/17/09 - $0.10
52 WEEK LOW
12/29/08 - $0.01
MARKET CAP
1.5M
AVERAGE VOLUME 3 mo
37.1K
DILUTED EPS TTM
--
SHARES OUTSTANDING
16.8M
WVNTF Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

WVNTF Top Compensated Officers

Mr. Stewart Jackson PhD, P. Geol
Chief Executive Officer, President, Director,...
Age: 67
Total Annual Compensation: --
Mr. Gary Van Norman
Chief Financial Officer, Vice President of La...
Age: 70
Total Annual Compensation: --
Mr. John A. Curry
Vice President of Sales & Marketing, Informat...
Age: 55
Total Annual Compensation: --

Executives, Board Directors

Compensation as of Fiscal Year 2007.

Key developments for World Ventures Inc. (WVNTF)

World Ventures Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended July 31, 2009

World Ventures Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended July 31, 2009. For the quarter, net loss of CAD 58,141 or CAD 0.01 loss per share compared to net loss of CAD 131,486 or CAD 0.01 loss per share for the same quarter a year ago. Cash used in operating activities was CAD 11,986 compared to CAD 40,732 for the same quarter a year ago. Expenditures on resource properties, net of recoveries was CAD 30,045 compared to CAD 42,320 for the same quarter a year ago. For the nine months, the company reported net loss of CAD 140,102 or CAD 0.01 loss per share compared to net loss of CAD 217,661 or CAD 0.01 loss per share for the same period a year ago. Cash used in operating activities was CAD 24,088 compared to CAD 11,986 for the same period a year ago. Expenditures on resource properties, net of recoveries was CAD 95,935 compared to CAD 79,526 for the same period a year ago.

World Ventures Inc. Starts Work on High-Grade Gold Vein Systems in Ontario, Canada, and Nevada USA

World Ventures Inc. announced that work has commenced on the Lapon Canyon Project, Mineral County, Nevada, under the joint venture with Keyword International Corp. Preparations are being made to facilitate access to the property by manual road maintenance under a plan of operations submitted for the approval to the Bureau of Land Management. Sampling on the Triton claims, MacMurchy Township, Ontario has been initiated in the vicinity of an historical shaft site. The Triton property contains an historical shaft which followed one gold-bearing quartz vein structure to over 100 feet in depth with lateral working at this depth that extend along the vein structure for approximately 100 feet within the vein structure. The nature of the vein structure and the gold values are historical in nature and have not been confirmed by the company and details should not be relied upon for investment purposes. This property has been re-acquired under an agreement which requires payments of$10,000 in year 1, $20,000 in year 2, issuance of 250,000 shares of common stock in each year, and the payment of a 1% NSR, of which 3/4% may be purchased for $500,000.

World Ventures Starts Work on High-Grade Gold Vein Systems in Ontario, Canada, and Nevada

World Ventures Inc. announced that work has commenced on the Lapon Canyon project, Mineral County, Nevada, under the Joint Venture with Kelward International Corp. Preparations are being made to facilitate access to the property by manual road maintenance under a Plan of Operations submitted for approval to the Bureau of Land Management. Sampling on the Triton claims, MacMurchy Township, Ontario has been initiated in the vicinity of an historical shaft site. The Triton property contains an historical shaft which followed one gold-bearing quartz vein structure to over 100 feet in depth with lateral working at this depth that extend along the vein structure for approximately 10 feet within the vein structure. This property has been re-acquired under an agreement which requires payments of $10,000 in year 1, $20,000 in year 2, issuance of 250,000 shares of common stock in each year, and the payment of a 1% NSR, of which 3/4% may be purchased for $500,000. An additional 1% NSR accrues to Teck Cominco Limited on this property.

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Industry Analysis

Valuation WVNTF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 12.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

WVNTF

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