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American Manganese Aiming for Mid-2014 Manganese Production

ker
February 9, 2012


Al sits down with Larry Reaugh, President & CEO of American Manganese Inc. and discusses the importance of Manganese to industrialized economies. In addition they talk about American Manganese’s upcoming news, and when they will be ready for production.

For More Information, Visit:
http://www.AmericanManganese.com

Discussion
9 Comments
    Feb 09, 2012 09:29 AM

    Big Al,
    Any thoughts on graphite investing too? I have been running into a couple of graphite opportunities on my internet studies/research. Companies include NGC near Toronto and McCoach likes Flinders across the pond in Sweden.
    Finally, cruising over to the desert tomorrow, how do I flag you down once I am there? Finally, I might bring my clubs and stare at them for a while before I decide to pick them up and use ’em – Ha!
    All the best,
    Marc

    Feb 09, 2012 09:15 AM

    I get:
    “”An error occurred. Please try again later.” when I try to play the video.

    Feb 09, 2012 09:16 AM

    I get:
    “”An error occurred. Please try again later. When I try to play the video.

      Feb 09, 2012 09:48 AM

      HI cfs,

      I just watched it.

      I will let Sarah know that you are having a problem and she will respond here.

      Sorry,

      Al

    Feb 09, 2012 09:30 PM

    Big Al;
    I believe it is probably my problem. I am using my laptop which I take with me on travels and that has anti-spy software that stops folks from tracking me, other than through whichever ISP I’m using. If you are using U-tube or similar to post the video, then my system will stop U-tube from placing a tracking cookie and the video will crash.

    Feb 09, 2012 09:31 PM

    Big Al;
    I believe it is probably my problem. I am using
    my laptop which I take with me on travels and that has anti-spy software that stops folks from tracking me, other than through whichever ISP I’m using. If you are using U-tube or similar to post the video, then my system will stop U-tube from placing a tracking cookie and the video will crash.

    Feb 09, 2012 09:36 PM

    It also seems to like double posting! Sorry.

    Feb 09, 2012 09:56 PM

    Anyway about AMY.
    Please don’t get too upset with me, Big Al, but I have significant mistrust in how the company is run. It may have a fabulous manganese deposit, but look at the insider data…..

    Latest 10 SEDI filings (by transaction date) for AMY within the last 6 months [?]
    Amended Filing

    As of 11:59pm ET February 8th, 2012
    Filing
    Date Transaction
    Date Insider Name Ownership
    Type Securities Nature of transaction # or value acquired or disposed of Unit
    Price
    Jan 6/12 Jan 4/12 Reaugh, Larry Direct Ownership Common Shares 10 – Disposition in the public market -10,000 $0.355

    Dec 6/11 Dec 6/11 Santelli, Anthony Enrico Indirect Ownership Common Shares 10 – Disposition in the public market -3,500 $0.400

    Nov 14/11 Nov 14/11 Santelli, Anthony Enrico Indirect Ownership Common Shares 10 – Disposition in the public market -25,500 $0.450

    Nov 14/11 Nov 11/11 Santelli, Anthony Enrico Indirect Ownership Common Shares 10 – Disposition in the public market -45,000 $0.450

    Nov 18/11 Nov 9/11 Lee, Edward Charles Direct Ownership Common Shares 10 – Disposition in the public market -14,000 $0.445

    Sep 6/11 Sep 2/11 Lee, Edward Charles Direct Ownership Common Shares 10 – Disposition in the public market -4,000 $0.530

    Aug 23/11 Aug 19/11 Santelli, Anthony Enrico Direct Ownership Options 50 – Grant of options 250,000 $0.580

    Aug 23/11 Aug 19/11 Reaugh, Larry Direct Ownership Options 50 – Grant of options 600,000 $0.580

    Aug 23/11 Aug 19/11 Wright, Kenneth Direct Ownership Options 50 – Grant of options 100,000 $0.580

    Aug 23/11 Aug 19/11 MacLeod, Michael Elson Direct Ownership Options 50 – Grant of options 350,000 $0.580

    This insider selling and granting of options is usually what one sees in a company that is being run for the benefit of the insiders and not the general public, i.e. share owners.
    SEDI is always the first place I go to check out a canadian company. Then I check out their fund raising, finding out how warrants were also offered, at what price. Then I go to see how old the company is, whether it has had a name change to impede people from finding out past behavior. Then I check the burn rate and cash on hand, if they are not yet producing. Then, if the company passes these evaluations I go back through company announcements and see if it has lived up to indicated schedules.
    In an area where company failure rather than success is the norm, it is difficult not to be too careful.

    Feb 10, 2012 10:09 AM

    I read a comment at Yahoo that an investor in China was unable to listen to your interview of American Manganese because it was onU-tube and that is banned in China.
    Suggest you talk to Randy at Video West in Phoenix. He can help with all sorts of video applications for you web site. If you do tell him Rick recommended his expertise. Kindest Regards, Rick aka pendergast for you website log on.