|Merrill Lynch Asset Allocator
||GROWTH SHS 0.1P
||EPS - Basic
||Market Cap (m)
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|Mala Noche Resources Corp. Announces Extension of the Ventanas Option and Provides Corporate Update
Mon Apr 19
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 19, 2010) -THIS PRESS RELEASE IS Mala Noche Resources Corp. (the "Company") (TSXVENTURE: MLA.V)today announced that it has successfully negotiated an extension of certain timeframes in its option agreement on the Ventanas property. Under the current agreement, certain expenditures were required by May,2010 in order for the option to remain in good standing. That deadline,and the other related deadlines in the agreement, have been extended by 12 months.
"We are pleased that Goldcorp has agreed to this extension," said Wade Nesmith, CEO of the Company. "Our focus for thepast 12 months has been on making an acquisition of a producing asset. That remains our focus, and we believe we are making good progress, but Ventanas is a promising late-stage exploration property and we are keento maintain our interest. The option has been extended without further payment of cash, but the Company has agreed to be responsible forcertain ongoing maintenance costs on the property."
The Company also announced that Randy Smallwood, Art Freeze and John Boddie haveeach ended their formal relationship with the Company. The Advisory Committee, upon which each of Messrs. Smallwood and Freeze served, hasbeen disbanded and Mr. Boddie has resigned his position as an officer ofthe Company. Each of Messrs. Freeze and Boddie has made himself available to the Company on an ongoing basis through continued consulting arrangements.
"I would like to thank Randy, Art and John for all their help over the past several years. Their advice has been valuable and I am pleased that Art and John's other commitments permit them to remain available to us if needed," added Mr. Nesmith.
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SOME QUICK SELLERS
Throws in towel
Mala Noche disbands advisory committee
I am out of here with a small loss.
Bets of luck to those hanging in.
liqiudated my whole position for a smaller than anticipated profit..
will re asses lower..
|hi. it has been a long time !
I'm living in HK now, as you may know.
Check out ... GlobalEdgeInvestors.com sometime, if you get the chance
Hope you are well too|
|Thanks for the heads up, e. Jumped in and took a few at the open yesterday. Hope all's well with you. M.|
|Record trading volume today for MLA
As many here have said, volume moves before price. Price is about to move.
can you explain to me why Cannacord is soo important with this stock. I know their reutation and like most of you I dont like their tactics but it seem to me that everyone afraid of what ever move they make. I got in on the drop last week and so far volume is way above normal thanks to the 3 large crosses
looks like we are getting close to a deal!
jordan and woodstone buying in the last 30 days .. canacord not selling.. volume increasing
my bottom call of .125 is holding and i expect a big announcement in the next 2 weeks
|MALA NOCHE RESOURCES CORP. PROVIDES UPDATE AND ANNOUNCES NEW
Vancouver, British Columbia September 29, 2009 Mala Noche Resources Corp. (the "Company") is pleased to announce that Eduardo Luna has agreed to accept the position of President and Chief Operating Officer for the Company effective September 28, 2009. In addition, he will continue in his role as Co-Chair of the Company. During his career Mr. Luna has been Chairman and CEO of Silver
Wheaton Corp., Executive Vice President of both Goldcorp Inc. and Wheaton River Minerals Ltd. and President of Luismin, S.A. de C.V. He was on two occasions President of the Mexican Mining Chamber and he was also a former President of the Silver Institute.
"Our review of acquisition opportunities is continuing" said Wade Nesmith, who remains CEO of the Company, "and we are delighted that Eduardo has agreed to join the management team. As we have said in the past, we are relying, to a large extent, on Eduardo's expertise to help us identify and then operate
new producing opportunities."
In addition, the Company would like to announce the appointment of Mario Garcia as Head of Mexican Operations also effective September 28, 2009. A graduate of the Universidad de Guanajuato with a B.Sc. in Mining and Metallurgic Engineering, Mr. Garcia worked with Mr. Luna at Luismin, SA de CV, including approximately six years as General Manager, San Dimas District and subsequently a year as
Director of Operations for the company.
"I am pleased to be joining the Mala Noche management team," said Mr. Luna "and I welcome Mario to the Company. I worked with Mario for many years and we will benefit greatly from his vast operations and management experience as we continue to assess opportunities."|
NEW YORK (Thomson Financial) -
First Albany Cos. late Wednesday said it will be renamed Broadpoint Securities Group Inc.
The Albany, N.Y.-based investment bank also said Wade Nesmith has been elected to its board as an independent director.
The company's stock closed the regular session up 3 cents at $1.22.
This rally in MLA to $0.375 makes no sense.
There seems to be Zero news.
Is it a short squeeze?|
x x x
President and CEO
Mr. Luna, is Chairman of Silver Wheaton and recently retired President of Goldcorp's Mexican mining operations. Mr. Luna has an advanced management degree from the Harvard School of Business and seventeen years experience as President of Luismin, S.A. de C.V., one of Mexico's largest producers of gold and silver and now a wholly owned subsidiary of Goldcorp. He serves on the board of other mining companies and is President of the Consulting Board for the School of Mines, Universidad de Guanajuato, and a member of the advisory boards of the School of Mines of both Mexico University and Zacatecas University. Mr. Luna has served as President of the Mexican Chamber of Mines on two occasions and as President of The Silver Institute from 2002-2003. He is also a member of the Board of ICME, the International Council on Metals and the Environment.
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Article: An Interview with Eduardo Luna
Article from:Engineering and Mining Journal Article date:October 1, 2008 Author:Anonymous Copyright
Before becoming chair of Silver Wheaton, Eduardo Luna was for many years president of Luismin-since acquired by Goldcorp, on whose board he sits. He is a former president of the Camara Minera de Mexico (Camimex) and has also worked for both Minera Autlan and PeÃ±oles.
How closely linked to Mexico is Silver Wheaton?
We're essentially a silver bank. As the silver market has matured, we have developed a way of 'wrapping' it that has proved attractive, sought after and profitable: basically making it 'another gold.' 70% of our future growth will come from Mexico, just as it does now. This is a strategic decision based on relationships, knowledge and confidence in Mexico.
What challenges do you .|
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