MINE Security Details
Share Structure
Market Value1 $703,684 a/o Sep 02, 2011
Shares Outstanding 439,802,202 a/o Jun 14, 2011
Float 155,752,202 a/o Feb 14, 2011
Authorized Shares 1,200,000,000 a/o Feb 14, 2011
Minerco Resources, Inc. is a development-stage company. The Company is a progress developer, producer and provider of clean, renewable energy solutions in Latin America. The Company participates in and invests in development projects with other companies in clean, renewable energy projects. On May 27, 2010, the Company acquired 100% of the six mega-watt per hour (MWh) Chiligatoro Hydro-Electric Project (Chiligatoro) in Intibuca, Honduras, California.The Project is classified as a run-of-the-river project and is in the feasibility stage of development. The Company was previously engaged in the acquisition of interests and leases in oil and natural gas properties.
The company recently submitted a Form 4 stating that CEO and CFO own shares CEO Now Owns 178mil shares common stock.CFO Now owns 107mil shares common stock:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8131126
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8131128
With Global Water Crisis and MINE (Minerco Co. ) has contracts with Honduran Government with Spring water access:
Minerco Resources, Inc. Receives Water Contract From Honduran Government for the Chiligatoro Hydro-Electric Project
Minerco Resources, Inc NEW Common Stock (OTCBB:MINE)
Minerco Resources, Inc. (OTCBB: MINE), a progressive developer, producer and provider of clean, renewable energy solutions in Latin America, announced today the company has received the Water Contract from the Honduran Government for its Chiligatoro Hydro-Electric Project.
The Chiligatoro Project's Water Contract, approved and granted by Secretaria de Recursos Naturales y Ambiente ("SERNA"), Honduras's Natural Resources and Environmental Ministry, assigns the rights to exclusively exploit the National water rights of the Chiligatoro and Grande de Manazapa Rivers by the Chiligatoro Project. The Water Contract is attached to the 30 Year Operations contract and is renewable with the Operations Contract. The Water Contract, in conjunction with the Operations Contract, allows the Chiligatoro Project to be formally submitted to Empresa Nacional de Energia Electrical (ENEE) for Power Purchase Agreement (PPA) and National Congress for Final Approval and National Registration.
As previously released, the Intibuca Municipal Environmental Unit and the local communities and municipalities have formally approved the Chiligatoro Project. The Environmental Impact Study has been submitted and is pending approval from SERNA, Honduras's Natural Resources and Environmental Ministry. The Honduran National Commission of Energy has approved and SERNA has signed the 30 Year Operations Contract for the Chiligatoro Project.
For a step by step look at the approval process in Honduras, visit our website at:
www.minercoresources.com/process.php
"SERNA's approval and execution of Chiligatoro's Water Contract is another milestone in the approval process for our Chiligatoro Project. We are very confident in the Project's future and look forward to working closely with the Honduran Government in completing the remainder of the approval process for our Chiligatoro Project," said V. Scott Vanis, President and CEO of Minerco.
I think with recent filings of 8k and form 4 we should see a pretty good rally the company just submitted its 8k filings late friday and after hours yesterday , company has been fully updating which is great especially in OTC markets we should see news on Water and Energy contracts Looming water crisis and also energy crisis we may see this company profit well in the near future:
Link to financials: http://www.sec.gov/cgi-bin/browse-edgar?company=minerco&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
Form 4 states that CEO and CFO own just about 350 million shares
Trade history for this stock:
MINE .0037 12-Month Signal History
Date Price Signal * $100
Became
09.07.11 .0030
08.01.11 .0036
06.14.11 .0043
06.06.11 .0055
06.01.11 .0051
05.26.11 .0045
03.01.11 .0060
02.14.11 .0090
01.31.11 .0079
01.25.11 .0094
01.18.11 .0073
01.11.11 .0083
12.28.10 .0070
12.22.10 .0077
12.17.10 .0088
12.01.10 .0085
11.26.10 .0085
11.23.10 .0087
11.12.10 .0060
11.08.10 .0073
11.03.10 .0081
11.01.10 .0036
10.26.10 .0033
09.13.10 .0091
With Global Water Crisis and MINE (Minerco Co. ) has contracts with Honduran Government with Spring water access:
Global Water Crisis Video
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