Apr. 7, 2009 (Baystreet.ca) --
MISSISSAUGA, Ontario, April 7, 2009 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Serious About Exploration: Uruguay Mineral Exploration Inc.”
Companies mentioned in this article include Uruguay Mineral Exploration Inc. (TSX-Venture: UME)
Article Excerpt:
A common thread throughout this recession, this time of almost historic uncertainty, has been the strong performance of the gold sector. As the fortunes of many other industries have waxed and waned like the surface of the moon in just a few short months, gold has pointed almost uniformly upward, peaking at or near the thousand-dollar U.S. mark. Moreover, as other sectors gained momentum, gold would lose some of its steam, but usually not for very long.
Appropriately, it’s time we refocused on the gold sector and shined a light on one of the junior mining companies with glad tidings to tell.
Uruguay Mineral Exploration Inc. (TSX-Venture:UME), with offices worldwide including both Toronto and New York – and which trades on the TSX Venture Exchange under the symbol UME - is a gold production and exploration company that identifies and develops mineral opportunities in South America. In business since 1997, UME adopted its current name in June 2002, and shifted much of its mining operations’ focus offshore. The following year, the company purchased the Uruguayan subsidiaries of Crystallex International Corporation for $4.7 million U.S. in cash, outstanding debt and hedging obligations. The assets acquired included a 1.2-million-tonne-per-annum gold treatment facility and the San Gregorio Gold Project.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special_reports/article.aspx?id=32
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in presenting the above mentioned companies on its web site and distributing it
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AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
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E-Mail: [email protected]
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