The Cortellazzi Consortium

January 15, 2008

New Lamps For Old

Filed under: Uncategorized — 18montecristo67 @ 8:51 pm

UMining’s Web Master (Cedric Chen, IP finally updated the UMining website on 10 January 2008.

Some new additions include, a page on the “African” projects which the Cortellazzi Corsortium are particularly vague and claiming confidentiality is essential:

“U Mining has chosen to keep specific details of this pending contract, including the name of the country they’ve been working with, confidential for the time being in order not to jeopardize this developing relationship and the ongoing negotiations. “

The website includes a new page on the “green” bi0-fuel projects which UMining has also been flogging in many recent press releases.

There’s a vacant web page with the dynamic sounding title “operational” which purports to be a placeholder for forthcoming information.

However, the focus of today’s item is another page, the “about ” page.

In order to fully comprehend today’s item, the blog provides 2 of the previous “about” pages which appear in the following graphics.


31 May 2007


17 August 2007

The 10 January 2008 update of the “about” page which amongst other things includes these disclaimers:

“Please be advised that U Mining is a Company in development stage and that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. “

“The Company intends to continue its exploration of the territories during 2008. There are no guarantees that the Company will be successful or will be able to obtain sufficient capital to conduct the surveys.”

In the latest update UMining continues to suggest as it has in previous “about” pages (seen above) that financial filings will be filed in due course:

“The Company is currently finalizing its 2 years financial statements for November 30th 2006 and November 30th 2007. Management will publish the financial statements within the first quarter of 2008.

These financial statements will be filed simultaneously with Pink Sheets new disclosure statements and in compliance with management current intentions to up list the Corporation.”

However, the most interesting part of the latest update is something which has been omitted.

The highly touted TSX venture acquisition which a 12 July 2007 press release declared as completed and a 17 Sept 2007 press release stated the “take over process of the TSX Venture has begun” has vanished from the “about” page without any explanation nor any mention of it’s previous existance.

The current “about” page also states: “U Mining is not affiliated with any other Companies nor owned by any other groups or Corporations.”

Just as in the tales of Aladdin, the evil web wizard has dressed up the latest website update and offers new, shiny lamps as a free trade for old ones.


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