3SOF

EQBM closed green yesterday for a change woo hoo.

UBSS has been a pain in the neck since I bought my first shares, perhaps we are now ready to move up.  At least the chart looks primed but there are also a few things in the pipeline that could push us back up to higher levels.  As stated in their PR the finalisation of Red Lake project is to be complete shortly and all JV agreements for China, Ontario and South America are in EQBM's legal hands for review and will most likely be signed nearterm.


Cheers

We can't complain about the numbers of PR and updates, if only the PPS would follow in line.
I guess this little bugger is testing my patience and many others.


Cheers


Equitable Mining Corp. Finalizing China Project


TORONTO, July 10 /PRNewswire-FirstCall/ - Equitable Mining Corp. (Trading as EQBM.PK & E5W.F) executives are meeting with the owners of the Dalian Mine Tailings project the week of July 10.
The due diligence has been completed and the property has received Chinese Government environmental approvals. The property is currently owned by D.A.K., a privately owned Chinese resource corporation held by H.M.H. of Hong Kong. Once the agreements are finalized and executed, Equitable Mining Corp. will own 35% of all operations and mineral rights. Significant deposits of gold, platinum, palladium, rhodium and copper have been identified in the mine and mine tailings. Monthly revenues of $1.6 million and annual revenues of $19.2 million are projected within eight months of closing.


The Dalian acquisition covers the mineral rights to 220,000 square meters of land leased from the government for 25 years with 15 years remaining, with right of renewal. The property includes 5.2 million tons of mine tailings plus infrastructure in place including roads, electricity, water, fencing, storm sewer, transportation and one operating production line. To date $7 million has been invested in the project by H.M.H. and D.A.K. Once the acquisition is complete Equitable Mining Corp. plans to increase production to three lines, within the first eight months. The company will utilize D.A.K.'s environmentally friendly leaching process to extract the mineral deposits.

In additional news Equitable Mining Corp. is continuing to develop relationships with market makers in Europe to help create investor awareness on the Frankfurt Exchange.

The Bonanza Property in the Red Lake District of Ontario, Canada is continuing to proceed. The agreement is with the legal department for final approvals. The mining and exploration report is progressing and will be released as soon as possible.

Perhaps this might gets us moving back up.   Also technically the chart is setting up nicely... BB bands are getting tight.


Acquire, Explore, Develop and Extract Precious Metals with Equitable Mining Corp. on MN1.com

TORONTO, July 17 /PRNewswire-FirstCall/ - Larry Skolink, President of Equitable Mining Corporation (OTC: EQBM - News), will be joining the Market News First on line radio team for an exclusive interview on July 19, 2006 at 11am CDT.

Quote from: trader412 on June 22, 2006, 10:28:56 PM

Quote from: trader412 on June 18, 2006, 09:53:19 PM
I think this week is the start of a major move to the upside for EQBM.

Looks like I was wrong. The games being played here are not for the weak. It violates my cardinal rule (never average down), but if it hits 0.004, I may have to double my position.

Well, I sure hope u did average down and bought those .004's trader412

This stock is apparantely in a large short position as the n/r today states. This could have a very nice continued upwards movement.

Tuesday, November 21 2006 1:04 PM, EST

Equitable Mining Corp. (EQUITABLE) announces NOBO Report Results and verified large Short position


M2 PressWIRE - November 21, 2006 - Equitable Mining Corporation (OTC.PK: EQBM), is a rapidly expanding company focused on acquiring, exploring, developing and extracting mineral rights worldwide. Projects include the Bonanza Property in Canada's high-yield Red Lake Gold Camp, an acquisition in progress in Colombia, a memorandum of understanding for a precious metals mine in China, and ongoing acquisition programs in mineral-rich areas of North America, South America and Australasia

Shares are up 83.33% reaching a high of .0165 on a volume of over 21 million in the morning trading on Tuesday. Today's momentum came in as Equitable Mining Corp. a resource company trading as (OTC.PK: EQBM), has received its NOBO report (Non-Objecting Beneficial Owners) and has compared it to the DTC and transfer agent shareholders lists.

MarketGainer.com is quickly emerging as one of the newest and most exciting online newsletters for international, small-cap investors looking to stay a step ahead of the markets.

After extensive comparisons of the NOBO list with known share counts, management has determined that there is an identified Shorted Share count of over 100 millions shares. The tradable float is approximately 100 million shares when all restricted shares are accounted for. Currently the NOBO report shows over 200 millions shares being owned which clearly identifies a potential short position of approximately 100 million shares. Additionally, an OBO report is being ordered immediately to account for other potential shares. This could further increase the shorted position.

2nd n/r afterhours:

Tuesday, November 21 2006 4:21 PM, EST

Equitable Mining Corp. (EQUITABLE) and SOMA Petroleum Limited (SOMA) creates dividend, warrants, and listing


CHEYENNE, WY, Nov. 21 /PRNewswire-FirstCall/ - Equitable Mining Corp. (EQUITABLE), a resource company trading on Frankfurt Exchange: E5W and as EQBM on PinkSheets.com today passed a resolution by the board of directors regarding the dividend, warrants of SOMA Petroleum Limited (SOMA) payable to EQUITABLE shareholders of record date December 1, 2006.

The dividend will comprise of 1 common share of SOMA Petroleum Limited for every 50 shares of EQUITABLE owned by the holder, along with 1 warrant expiring on January 11th, 2007 and a second warrant expiring on February 10th, 2007 all subject to a four (4) month hold exercisable as determined by the board of directors and an evaluation.

SOMA Petroleum along with EQUITABLE are currently reviewing finalization of several key and strategic deals related to the resources market.

SOMA is expecting to file for a listing on an exchange prior to November 30th, 2006.

Gapping on news this am.

Monday, November 27 2006 4:00 AM, EST

Soma Petroleum Limited (SOMA) has filed for listing on exchange and approval for SOMA dividend for Equitable Mining Corp.
PR Newswire    "US Press Releases "

TORONTO, Nov. 27 /PRNewswire-FirstCall/ - Soma Petroleum Limited (SOMA) - symbol SOMPF, an oil and gas resource company has filed for listing on an exchange.

Larry Skolnik, SOMA's President, said, "The listing on another exchange is a milestone in our growth strategy. With a strong interest in the oil and gas resources based products, the listing will increase the Company's visibility."

Also, after announcing the dividend and warrants of SOMA payable to Equitable Mining Corp. (EQUITABLE) (a resource company trading on Frankfurt Exchange: E5W and as EQBM on PinkSheets.com) shareholders of record date December 1, 2006, SOMA has received approval from the NASD to proceed.

About Soma Petroleum Limited

Soma Petroleum Limited (SOMA) is a Canadian registered corporation that has interests in oil and gas projects in the Horn of Africa. It has partnered with leading resources developers including Inter-Continental Petroleum Co. Ltd (ICPC), a China-based oil and gas exploration company. ICPC has an extensive international track record in oil and gas.