Northumberland Resources Inc (OTCMKTS:NHUR) Taking It Slow And Steady

There wasn’t much activity around Northumberland Resources Inc (OTCMKTS:NHUR) yesterday. No email and no new press releases meant that while the trading volume was bigger than the three-month average, we saw very little movement from the ticker and when the closing bell rang, it was only 5% below Monday’s close. That is indeed a relatively steady performance for a penny stock company especially considering all the hype surrounding it. But what will happen if all the interest is suddenly lost?

Well, generally speaking, if the business venture is solid and if the people who are at the helm are doing their job well, shareholders are not going to lose trust in the ticker which in turn means that the price will maintain a steady line regardless of emails or opinions. If, however, the company is run by inexperienced people, or people who have other thoughts in mind, the consequences for the retail investor could be quite catastrophic.

As far as NHUR are concerned, things are looking good. On paper, at least. A couple of press releases came out in the recent weeks telling us that they are starting work on two properties and while their financial statement is not picture perfect, they did say that they have acquired some additional funding which will help them in the future. But are things quite so simple?

As always, no, they aren’t. We wrote an article on NHUR yesterday and if you read through it, you will see that we have found some things about the land operator that NHUR have chosen and they certainly raised our suspicion. More worryingly, we managed to connect NHUR to a couple of mineral exploration penny stock companies – National Graphite Corp (OTCMKTS:NGRC) and Tiger Oil and Energy Inc (OTCMKTS:TGRO).

Today, we continued our research and we managed to find something of a connection between NHUR and two other small cap mining ventures – Black Hawk Exploration Inc (OTCMKTS:BHWX) and Universal Potash (OTCMKTS:UPCO). As you can see from the charts on the right, the stock performance of both these enterprises is not exactly exemplary and when we checked our database, we managed to find the reason for this – they have been pumped to oblivion.

You’re probably asking yourself how we managed to find them. If you have read through our previous article, you will probably know that we managed to connect NHUR with NGRC and TGRO through the physical addresses of their headquarters. Today, though, we were forced to rely on their virtual addresses – the domain names under which their websites are hosted. Sure enough, as you can see from this, this and this link, they were all registered by the same person.

Some of you might argue that in some cases, the domains are registered to the name of the webmaster for sake of better management and, based on that, you might also suggest that this is pure coincidence, but we’re not too sure.

The more you rummage through the filings of all the companies, the more often you see the same name – Ken Liebscher. He is the CEO at TGRO, and NGRC, he acts as a consultant at UPCO and he was once at the helm of NHUR as well. There are a few other ventures with which he has been involved and one of them is called ThermoElastic Technologies, Inc. While he was there he was named as defendant in a trial that was part of FBI’s “Operation Bermuda Short”. He was acquitted, but looking at some of the posts around message boards and blogs, we can see that he hasn’t been able to fully regain the investors’ trust.

The facts above raise some additional suspicion when you consider the current promotion running for NHUR. The newsletters are indeed pretty idle at the moment, but some of them did disclose a $3 million compensation. This means that the touting might continue for some time. How long, however, is anyone’s guess.