EGM Firm Inc. Initiates Coverage of Amalgamated Gold and Silver Inc

By: EGM Firm
 
March 4, 2014 - PRLog -- Amalgamated Gold and Silver Inc. (OTC Markets: BCHS)  is a Miami based, junior resource company focused on the exploration, development and production of mineral resources in Mexico and South America. The Company is actively engaged in the exploration and production of its mineral concession.

The company recently announced It has signed an LOI with EEPL proprietary, a Bolivian entity, to acquire a 51% controlling interest in the Ulexite Calcination plant in Oruro, Bolivia. Under the terms of the Agreement, AGS will have the exclusive right to conduct independent due-diligence for a period of 60 days. Upon obtainingsatisfactory results over the due-diligence period AGS will formalize a Purchase and Sale Agreement to acquire the plant and the unique intellectual property associated with the processing of the Ulexite.

Mining for Ulexite or ìTV Rockî as it is more popularly known is unique in the fact that the mineral acts as a natural conductor of light similar in form and function to that of optical fiber material. This relayed light

through internal fibers can produce exact optical images on the other side. Commercially Ulexite is a great source of Boron five that as an element only exists in concentration across the world of approximately 10ppm (10 parts per million).

Global demand for boron, an essential component in the manufacture of fibreglass and borosilicate glass, grew strongly in the three years to 2008. Products containing boron in the form of borates or boric acid pervade every part of everyday life from borosilicate glass in LCD screens to composites used in car body panels to glass wool for loft insulation.

"I am excited about the new direction AGS is taking especially into the beneficiation of the unique and invaluable mineral wealth of Bolivia. Ulexite and the processing thereof is opening so many more avenues of unique processing of the core minerals developed and mined by AGS and the long-term planning of the company is showing enormous potential being realized in a much shorter space of time," said the VP of Mining, LATAM Almero Bourbon.

Pursuant to a agreement between us and Ullar Investments LLC we were hired for a 2 day period beginning on 3/5/14 and ending on 3/6/14 to publicly disseminate information about Amalgamated Gold & Silver Inc., including on the Website and other media including Facebook and Twitter. We were paid $20,000 for or were paid zero shares of unrestricted or res tricted common shares. We own zero shares of Amalgamated Gold & Silver Inc., which we purchased in the open market. We plan to sell the shares of Amalgamated Gold & Silver Inc. that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website pur chase without further notice to you. We may buy or sell additional shares of Amalgamated Gold & Silver Inc.  in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information about Amalgamated Gold & Silver Inc..
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Source:EGM Firm
Email:***@egmfirm.com
Tags:Gold, Mining
Industry:Medical, Mining
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