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Union Bankshares Inc UNB

Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized business corporations, limited liability companies, partnerships, and sole proprietorships, and nonprofit organizations, local municipalities and school districts within its market area. Its products and services include commercial loans for business purposes to business owners and investors for plant and equipment, working capital, real estate renovation and other sound business purposes; commercial real estate loans on income producing properties, including commercial construction loans; online mortgage applications; business checking accounts; online consumer deposit account opening, and others.


NDAQ:UNB - Post by User

Bullboard Posts
Post by gospeltraderon Nov 03, 2005 4:22pm
343 Views
Post# 9811196

NR Thoughts

NR ThoughtsIt was stated: "In Montana, heavy equipment has been mobilized to upgrade the roads providing access to the Bald Butte Project. Clearing, stockpiling of top soil for future reclamation and excavation of overburden and waste rock utilizing a 27 ton excavator is underway. One 30 ton truck is on site and the 2nd is scheduled to arrive on Friday of this week. A larger excavator (50 ton) and hydraulic percussion drill is scheduled for delivery early next week." From the statement above it appears that UNB is on TARGET with their projected production date (this is an excellent sign showing us that management is doing there job) and should be giving us a "Production" NR within 3 weeks. But before that, we should be receiving NR's on the US listing, possibly oil & gas revenue, and 43-101. "A team has been diligently prospecting the Chong Property in Ontario, searching for additional molybdenum showings. Mr. David Beilhartz, P. Geo., an independent geologist from the Sudbury area, has agreed to provide general supervision and direction to crews working on the project. An excavator has been brought in to strip the two known showings on the Chong property to facilitate detailed mapping and channel sampling." Bringing in an experienced individual like Mr. David Beilhartz to supervise the crew and project only adds to my belief that the Chong property will be their next revenue generating project. UNB is being very proactive. And of course it wouldn't be a UNB NR if there wasn't a surprise added to it. The Montana Molybdenum Corporation is a well thought out business decision and I'm VERY satisfied with that move. gt
Bullboard Posts