13 Aug 2008director interest notice● Neutral
U S PRECIOUS METALS INC President David Wayne Burney received 50,000 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Aug 2008director interest notice● Neutral
U S PRECIOUS METALS INC Chief Executive Officer Michael Jack Kugler sold 35,000 shares at $0.90.
25 July 2008director interest notice● Neutral
Michael Jack Kugler became a U S PRECIOUS METALS INC Chief Executive Officer and company insider (initial ownership filing).
17 July 2008director interest notice● Neutral
U S PRECIOUS METALS INC vice president Jose Granados Garcia received 200,000 shares and a 1,000,000-share option grant as part of the equity award.
17 July 2008director interest notice● Neutral
Jesus Oliveras became a U S PRECIOUS METALS INC Chief Financial Officer and company insider (initial ownership filing).
17 July 2008director interest notice● Neutral
U S PRECIOUS METALS INC director Robert James Astore received 10,000 shares and a 1,000,000-share option grant as part of the equity award.
17 July 2008director interest notice● Neutral
U S PRECIOUS METALS INC director Brian G. Russell received 200,000 shares and a 1,000,000-share option grant as part of the equity award.
16 July 2008director interest notice● Neutral
U S PRECIOUS METALS INC Secretary/Treasurer Peter Toscano received 750,000 shares and a 1,000,000-share option grant as part of the equity award.
8 July 2008drilling result▲ Good
Copper assays for hole 3 came back at 1.42% in the 8-foot zone, which the company says lifts its value to about $303 per ton, and 0.85% in the lower zone. The two zones total 20 feet with a weighted average of 0.045 oz/ton gold, 3.74 oz/ton silver and 1.08% copper. This completes the metals picture the July 1 release left pending; hole 5 assays were still awaited.
1 July 2008drilling progress report▲ Good
An independent lab (Chris Christopherson Inc., Idaho) reported gold and silver assays for drill hole 3: samples 43-46 averaged 0.0831 oz/ton gold and 6.165 oz/ton silver, which the company values at $185 per ton. Hole 1 also had 16 feet at 0.0915 oz/ton gold. Copper results were still awaited, and this follows the earlier report of hole 3's vein intercept.
27 June 2008drilling progress report▲ GoodMajor
The company said its La Sabila drilling continues to find mineralization, with hole 5 showing multiple sulfide intervals totaling 136 feet; assay results were still pending. It also hired Applied Minerals (Michael Floersch) to prepare a NI 43-101 compliant resource estimate and began building a lab in Morelia, Mexico. A second drill capable of 800 m depth was brought to the property.
19 June 2008director interest notice● Neutral
U S PRECIOUS METALS INC director Jack Wagenti bought 758,000 shares on the open market.
5 June 2008director interest notice● Neutral
U S PRECIOUS METALS INC director Sheldon Baer bought 20,000 shares on the open market.
22 May 2008director interest notice● Neutral
U S PRECIOUS METALS INC CEO Michael Jack Kugler bought 492,000 shares on the open market at $0.56.
16 May 2008director interest notice● Neutral
U S PRECIOUS METALS INC director Jerry Pane bought 200,000 shares on the open market at $0.00.
16 May 2008director interest notice● Neutral
U S PRECIOUS METALS INC director Jerry Pane bought 17,000 shares on the open market at $0.75.
14 Apr 2008late filing notice▼ Bad
U S PRECIOUS METALS INC notified the SEC that its quarterly report would be filed late.
11 Apr 2008director interest notice● Neutral
U S PRECIOUS METALS INC director Jerry Pane bought 20,000 shares on the open market at $0.80.
5 Mar 2008director interest notice● Neutral
U S PRECIOUS METALS INC director Sheldon Baer bought 500,000 shares on the open market at $0.00.
5 Mar 2008director interest notice● Neutral
U S PRECIOUS METALS INC director Jerry Pane bought 500,000 shares on the open market at $0.00.
26 Feb 2008director interest notice● Neutral
U S PRECIOUS METALS INC director Sheldon Baer bought 500,000 shares on the open market at $0.00.
6 Feb 2008director interest notice● Neutral
Sheldon Baer became a U S PRECIOUS METALS INC director and company insider (initial ownership filing).
6 Feb 2008director interest notice● Neutral
Jerry Pane became a U S PRECIOUS METALS INC director and company insider (initial ownership filing).
23 Jan 2008material agreement▲ GoodMajor
The company's Mexican subsidiary signed a drilling contract with Micro Tuneles y Suministros del Occidente (MTSO) for a campaign at La Sabila (the Solidaridad property) at US$120 per linear meter plus other charges. It guaranteed a minimum of 1,000 meters and a US$50,000 deposit, of which US$20,000 has been paid. This starts the company's own drilling at La Sabila, following the earlier M.I.M. drilling; the attached quotation is for 3,750 meters.
14 Jan 2008late filing notice▼ Bad
U S PRECIOUS METALS INC notified the SEC that its quarterly report would be filed late.
15 Oct 2007late filing notice▼ Bad
U S PRECIOUS METALS INC notified the SEC that its quarterly report would be filed late.
29 Aug 2007late filing notice▼ Bad
U S PRECIOUS METALS INC notified the SEC that its annual report would be filed late.
11 July 2007director interest notice● Neutral
U S PRECIOUS METALS INC director Robert James Astore sold 100,000 shares.
16 Apr 2007late filing notice▼ Bad
U S PRECIOUS METALS INC notified the SEC that its quarterly report would be filed late.
23 Feb 2007director interest notice● Neutral
U S PRECIOUS METALS INC Vice President Jose Granados Garcia disposed of 150,000 shares via option/appreciation-right settlement.