Amg Bioenergy Resources Holdings Ltd V.ABG.H

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AMG Bioenergy Resources Holdings Ltd, formerly Blandings Capital Limited, is a renewable energy company. The Company is developing jatropha feedstock plantation and eucalyptus plantation in the People's Republic of China (PRC) to produce crude jatropha oil for conversion into bio-diesel and also timber from eucalyptus plantation. The Company operates through two segments: Jatropha and Eucalyptus plantations. Its business involves managing the preparation of the land, the plantation of seedlings, the maintenance of the plantation, the harvesting of jatropha and eucalyptus plantation, and the extraction of crude jatropha oil from the seeds harvested. The Company also provides management services for the development of resort condominium residences in Hainan island in the PRC. Its management services include accounting and banking services; planning and budgeting services; assisting with obtaining licensing and permits, and quarterly reporting in respect of engineering work.

TSXV:ABG.H - Post by User

Amg Bioenergy Resources Holdings Ltd

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Comment by geomeanon Jan 17, 2006 9:06pm

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Post# 10195912

RE: Stock closed above an important SP

It closed the day at an all time high close. The volume was almost 10% greater than the prior highest high day (but not the prior highest close day). We'll have to see if a breakout is confirmed, but the fundamentals give reason for ABG to run

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