Welcome to the latest edition of our occasional series in which we take the gobbledygook news releases published by junior mining companies and translate them into something more understandable. Today's example comes from Longview Capital Partners (LV.to), a company about to change its name to Resinco. So no more bushing around the beat......
This is what they wrote:
And this is what it means:Vancouver, BC -- Longview Capital Partners Incorporated has changed its name to Resinco(tm) Capital Partners Inc. ("Resinco" or "the Company") and has a new corporate identity. Shares of Resinco will continue trading on the Toronto Stock Exchange under the symbol LV until the end of trading on November 27, 2009. On Monday, November 30, 2009 trading will begin under the new symbol of RIN.
The new trademarked name reflects the subtle change applied to Resinco's investment mandate and emphasizes the fact that the Company will be evaluating and executing investments across a broader range of natural resource categories leveraging historical strength in hard rock minerals and precious metals and increasing the scope in the areas of rare-earth minerals, oil, gas, water and renewable energy.
The announcement was made originally by the President and CEO of the Company, John Icke, in the shareholder letter dated November 19, 2009.
"The name Resinco Capital Partners heralds a new beginning for the company," said John Icke. "The identity helps us to communicate our intent to broaden our investment scope within the natural resource sector."
The name change is one of a number of initiatives designed to reposition Resinco for sustainable success.
Vancouver, BC -- Longview Capital Partners Incorporated has changed its name to Resinco(tm) Capital Partners Inc. ("Resinco" or "the Company") and has a new corporate identity. The new trademarked name reflects the subtle change applied to Resinco's investment mandate and emphasizes the fact that the Company is fed up to the back teeth as being known as the one that Damien Reynolds drove into the ground by buying crappy uranium juniors in Paraguay.
The announcement was made originally by the President and CEO of the Company, John Icke, in the shareholder letter dated November 19, 2009.
"The name Resinco Capital Partners heralds a new beginning for the company," said John Icke. "The identity helps the market to forget about Reynolds' stupid bets and the chart below."
