Posted On: 06/01/2013 10:56:53 PM
Post# of 8059
As mediscience has said they were bought out by Mayan Minerals whose name was apparently changed to Rift-which from the info on its face doesnt have the ability to buy CWRN controlling interest-
so it might be back to the drawing board on Navial- I believe its somebody who already owns substantial concessions in the area to have the familiarity w CWRN, iron mining,ability to rapidly resurrect financials and prospectus etc-that doesnt fit RIFT-maybe Rift has since been bought out-I dont know anybody else in baja area w the necessary credentials-Navial owned as of 2009 website 1.15 million acres- almost all the land around CWRN's in holdings- does anybody else in the area have holdings anywhere near that large????
+0.010 (20.00%)
| Range | 0.05 - 0.06 |
| 52 week | 0.03 - 0.20 |
| Open | 0.05 |
| Vol / Avg. | 59,600.00/77,063.00 |
| Mkt cap | 2.93M |
| P/E | - |
| Div/yield | - |
| EPS | -0.05 |
| Shares | 48.88M |
| Beta | 1.45 |
| Inst. own | - |
Description
Rift Basin Resources Corp. (Rift Basin), formerly Mayen Minerals Ltd., is an exploration-stage company engaged in acquiring, exploring and developing resource properties. The Company focus is to build a substantial junior, independent, international oil and gas exploration and development company focused on advanced-stage exploration and near-production opportunities in Africa and the Middle East. On November 23, 2012 the Company’s wholly owned subsidiary Rift Basin International Corp. entered into a letter of intent with Alpine Oil & Gas Pty Ltd.
Officers and directors
| Wayne M. Koshman | Chief Executive Officer, Director | |
| Robert van Santen | Chief Financial Officer, Corporate Secretary, Director | |
| Christopher R. Cooper | Independent Director | |
| Paul Jude Lathigee | Independent Director |
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