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RITE - New Doubling Pick for Monday
RITE is our New Doubling Pick trading at only .048 cents so hurry because we feel RITE will be making some Blockbuster moves starting tomorrow. RITE has stated they will be announcing more Blockbuster News in the coming days so do NOT sleep on this one. RITE is rated Top #2 right now on Pennystocktweets (twitter) so its safe to say the investing community is expecting RITE to make a big run starting tomorrow.
On March 28 2013 RITE announced it was pleased to update on its Copper processing project in Chiapas, Mexico. RITE stated it expects all the necessary equipment in place this week in order for the copper ore to be processed into a higher percentage concentrate enabling the mine owners and MineralRite to enjoy bigger margins and profit levels.
More importantly RITE announced Monster is coming the last week of this month so we are expecting a Major run in the Price of RITE this week. Read what they said:
"Our first 100 ton shipment should be ready to sell the last week of June, it is our intention to process and sell over 4000 tons of high grade concentrate over the next 12 months. This concentrate in todays market will sell for approximately $2500-3000 per ton," said Guy Peckham, CEO. The managing partner overseeing the progress in Mexico has reported that everything is on schedule to start shipping to buyers in June.
Members, this means RITE is looking to ship and sell $250K to $300K this month and roughly $10MM to $12MM over the next 12 months.
Ok here is the skinny on RITE: RITE has a tiny float of 17.65mm as listed on yahoo finance, blockbuster news and much more trading dirt cheap right now. In March 2013 RITE completed the acquisition and took over operations of Goldfield International Inc., a premier supplier of alluvial gold, diamond and other gem stone recovery equipment manufactured in the United States. On June 5, 2013 RITE announced it's pleased to continue generating revenue from equipment manufacturing and sales from its wholly owned subsidiary, Goldfield International, Inc. ("Goldfield"). Now here is the Proof and Video's we wanted to forward to our members on Goldfield International, Inc. because they are a must see on their YouTube page[http://trk.cp20.com/Tracking/t.c?5k5mt-8jxwz-ncgps86&_v=2] http://www.youtube.com/user/goldfieldeng[http://...-ncgps83&_v=2] and on their website http://www.goldfieldint.com/[http://trk.cp20.com/...ncgps84&_v=2]
ABOUT GOLDFIELD - Goldfield brand of mechanical separation equipment has been in production since 1996 and has been shipped been shipped to customers in 32 countries on 6 continents over the years. Goldfield headquarters and manufacturing facility entails over 40,000 sq feet of space at 55 South Geneva Road In Lindon, Utah.
ABOUT RITE (MineralRite Corporation) - MineralRite Corporation is engaged in the processing, certification and sales of precious metals including gold, silver, and the platinum group metals. Using various proprietary and ecologically friendly processes and technologies, the Company extracts precious metals from mining operations ore, reclaimed mine tailings and high value concentrate material.
On Friday we saw several Heavy Hitters trying to load RITE but they did NOT get filled on their buys. 1 Heavy hitter was using market maker Nite, 1 Heavy Hitter was using market maker Etrd and 1 Heavy hitter was using market maker Atdf and had a buy/bid in for 1MM shares at .047 cents. We feel these Heavy hitters and Block buyers will be chasing RITE this week starting Monday a.m. along with the masses that are about to discover this Undiscovered Gem of a Play.
RITE was recently trading as high as .61 cents back in January 2013. More importantly RITE is CURRENTLY trading at ONLY .048 cents and has a 52 week low of .04 cents which means there is Massive upside potential from these levels short term.
Recent Upgrade in Exchange listing for RITE: On Tue, Jun 04, 2013 RITE up-listed and went from OTC-Pink-Limited to a Top Tier Exchange of OTCQB company. This is mega news members.
[http://trk.cp20.com/Tracking/t.c?5k5mt-8jxx2-ncgps85&_v=2]
RITE - Breaking News
MineralRite Begins Construction Of New Laboratory[http://trk.cp20.com/Tracking/t.c?5k5mt-8jxx3-ncgps86&_v=2]
LINDON, Utah, June 6, 2013 -- MineralRite Corporation (RITE) is pleased to announce it has begun constructing its laboratory in its existing facility at 55 Geneva Road, Lindon, Utah.
In March 2013, MineralRite moved into its new facility and has made many renovations and improvements to its manufacturing space.
"Now that MineralRite is in revenue, one of the next phases of our business plan includes offering services such as assay testing and certifying results. The lab will be used to help our customers design and plan their extraction of their ores," stated Guy Peckham, President of MineralRite.
Peckham added, "We will be able to use our Goldfield equipment in our facility to mechanically separate the precious metals. Our plans include the addition of XRF spectrometer testing along with high temperature oven to smelt the product. There is a strong need in the market for such facilities and MineralRite intends to meet some of the demands."
RITE - More Breaking News
MineralRite Continues To Generate Revenue From Goldfield Revenues[http://trk.cp20.com/Tracking/t.c?5k5mt-8jxx4-ncgps87&_v=2]
LINDON, Utah, June 5, 2013 -- MineralRite Corporation (RITE) is pleased to announce it continues to generate revenue from equipment manufacturing and sales from its wholly owned subsidiary, Goldfield International, Inc. ("Goldfield").
In March 2013, MineralRite completed the acquisition and took over operations of Goldfield International Inc., (www.goldfieldint.com), a premier supplier of alluvial gold, diamond and other gem stone recovery equipment manufactured in the United States.
Goldfield completed ten units since the acquisition and shipped them to various places around the world. Each unit shipped averaged approximately $10,000 USD per unit in revenue. "We find ourselves at the forefront of educating and empowering miners, artisans, and enthusiasts. Not only are we building a global business based on sound fundamentals, we are helping create jobs and stabilize local communities by providing them the tools necessary to develop their own natural resources," said Kent Harmon, President of Goldfield.
"We are extremely pleased with the progress Goldfield has made in just these few short months since becoming a part of MineralRite. Not only are they 'literally' building wealth from the ground up, they are doing it responsibly. Goldfield uses a non-toxic environmentally friendly processes, not only our own, but in several other countries around the world, including Africa and South America," said Guy Peckham, President of MineralRite.
In addition, Goldfield is in the final stages of completing a 300 ton per hour mineral washing system that will be shipped within the continental united states and put into operation for the recovery of gold.
ABOUT GOLDFIELD - Goldfield brand of mechanical separation equipment has been in production since 1978 and has been shipped to customers in 32 countries. Goldfield headquarters and manufacturing facility entails over 40,000 sq. feet of space at 55 South Geneva Road in Lindon, Utah.
RITE - More Breaking News
MineralRite Updates Copper Processing Project[http://trk.cp20.com/Tracking/t.c?5k5mt-8jxx5-ncgps88&_v=2]
LINDON, Utah, May 28, 2013 -- MineralRite Corporation (RITE) is pleased to update on its Copper processing project in Chiapas, Mexico.
MineralRite expects all the necessary equipment in place this week in order for the copper ore to be processed into a higher percentage concentrate enabling the mine owners and MineralRite to enjoy bigger margins and profit levels.
"Our first 100 ton shipment should be ready to sell the last week of June, it is our intention to process and sell over 4000 tons of high grade concentrate over the next 12 months. This concentrate in todays market will sell for approximately $2500-3000 per ton," said Guy Peckham, CEO.
The managing partner overseeing the progress in Mexico has reported that everything is on schedule to start shipping to buyers in June.
RITE - More Breaking News
MineralRite Completes Acquisition Of Strategic Manufacturing Facility In Lindon, Utah[http://trk.cp20.com/Tracking/t.c?5k5mt-8jxx6-ncgps89&_v=2]
LINDON, Utah, April 25, 2013 -- MineralRite Corporation (RITE) is pleased to announce the successful acquisition of Goldfield International Inc, In Utah.
In March 2013, MineralRite completed the acquisition and took over operations of Goldfield International Inc,(www.goldfieldint.com ), a premier supplier of alluvial gold, diamond and other gem stone recovery equipment manufactured in the United States.
MineralRite is engaged in the business of mineral processing,certification and sales of precious metals.The company will focus on the extraction of gold and silver from client ore bodies and mine tailings.
With this acquisition MineralRite headquarters has been moved to the location in Lindon, Utah.
"We are extremely excited about this acquisition. Goldfield is cash flow and net income positive and is a great addition for us at this time. Goldfield is a great brand in the mining community and opens up many networks for us. The company was in a maintenance mode in their business and now we will set it into a fast global expansion mode. It will enable us to develop our own ore processing lines in-house and help us move closer to accomplishing our aggressive goals we have set for the company.We have several projects we are working on and this new ability of having our own fabrication facility helps us expedite some of our projects," said Guy Peckham, CEO and President of MineralRite.
MineralRite's new Goldfield brand equipment line has has numerous enquires and sales in the month of March and the new management in place at the fabrication facility successfully completed,sold and shipped multiple units worldwide.
"March was an exciting and challenging month for us to take over operations, make some changes to operations and continue to provide good service to our new and old customers. With the value of Gold continuing to stay above $1300 per ounce, the economics of prospecting and recovery has been growing dramatically and the need for more equipment is constant. All our equipment we are currently producing is already sold and will most likely be air shipped to various locations," said Kent Harmon, President of Goldfield. |
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