Juniors aus Kanada

    Cream Minerals Completes 2,000,000 Unit Private Placement




    Thursday April 21, 2:17 pm ET



    VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 21, 2005) -
    Private Placement Financing


    Cream Minerals Ltd. (TSX VENTURE:CMA - News; OTCBB:CRMXF - News; "Cream") is pleased to announce that it has completed a non-brokered private placement financing, previously announced on March 3, 2005, of 2,000,000 units (the "Units") at a price of $0.35 per Unit, for gross proceeds of $700,000. Each Unit is comprised of one common share in the capital of Cream and one non-transferable share purchase warrant. Each share purchase warrant entitles the holder to purchase one additional common share of Cream at an exercise price of $0.45 per share up to and including April 18, 2006.



    In consideration for introducing Cream to purchasers for the non-brokered financing, Cream issued finder's fees in Units ("Finder Units") to Integral Wealth Securities Limited and CIBC World Markets Inc. equal to 5% of the total number of Units purchased by their respective found purchasers. The Finder Units have the same terms and conditions as the Units.


    All shares, warrants and any shares issued upon exercise of the warrants with respect to the above private placements are subject to a hold period and may not be traded for a four month period expiring August 19, 2005. Proceeds from the non-brokered private placement will be used to fund Cream's work programs in Mexico, Sierra Leone, and for general working capital.


    Fenix Property, Mexico


    Cream is pleased to report that completion of the 600-metre diamond drill program on the high-grade gold-silver Fenix Veins is expected in a few more days. Assays from Holes 1 and 2 are expected shortly. Mr. Ferdinand Holcapek, P.Eng. is Cream's "Qualified Person" in Mexico for the purpose of National Instrument 43-101


    Diamond Exploration Licences, Sierra Leone


    Further to its news release of April 19, 2005, Cream is pleased to report that the drill camp has been satisfactorily set up and work has proceeded with just over 50 Banka drill holes (20 of which are on an island in the middle of the river) completed. Mr. Benjamin Ainsworth P.Eng., Cream's "Qualified Person" in Sierra Leone for the purpose of National Instrument 43-101, has noted that they are starting to process samples, but do not intend to use any recoveries for grade reference. He notes also that gravel thickness on the high terrace is greater than expected, but cannot comment further until surveys have been completed.


    Company Projects


    Nuevo Milenio Silver-Gold Property, Mexico - located south of Tepic in the municipality of Xalisco, State of Nayarit, Mexico. The project is in the early states of exploration and there are no known records of past diamond drill work on the property. Exploration completed to date has been extensively documented and defines the geology and geochemistry of a few areas within the 7,000-hectare property. On November 24, 2003, a two-stage diamond drill program commenced on the property.


    Goldsmith Property - located near the town of Kaslo, in southeastern British Columbia. Gold mineralization was discovered during the 2003 summer exploration program. Grab sampling of mineralization from the waste dump piles of the Bullock #3, Bullock #4 and Lucky jack #4 workings returned extremely high gold and silver assays.



    Kaslo Silver Property - located 12 kilometers west of Kaslo in the Slocan Mining Division of southern British Columbia. The property encompasses the Keen Creek Silver Belt and is comprised of nine former high grade silver mines operated from 1895 to 1953. Tthe discovery of high-grade silver on the property indicates excellent potential for significant precious metal deposits.



    Kootenay Gemstone Properties - located in the Nelson Mining Division, British Columbia. Cream holds the right and option to earn 100% interst in the Kootenay Genstone properties by making payments totaling $100,000 and issuing 500,000 common shares over four years. The deposits are covered by five claim groups for a total of 36 units or 900 hectars. Additional staking is in progress.



    Stephens Lake Property - located 100 kilometres east of Gillam, Manitoba is 70 kilometres in length and comprised of 92,194 hectares of mineral leases. The geology is believed to consist of rocks belonging to the extension of the Thompson Nickel Belt, which has production plus reserves in excess of 170 million tonnes. BHP Billiton Diamonds Inc. has been granted options to acquire an initial 51% interest in three mineral exploration licenses totaling 92,194 hectares, which are held jointly by Cream Minerals Ltd., Sultan Minerals Inc. and ValGold Resources Ltd. Exploration of the property will involve flying an airborne geophysical survey in order to further define targets for diamond drill testing.

    Ulfur


    Gottseidank kenne ich nicht Jilbey. :))


    Ach so, wegen druck, es gibt eventuell noch einen moeglicherweise auf die 427 $ und wenn es ganz schlimm kommen sollte und die 420 $ brechen sollten, dann sagen viele gute nacht. Ich hoffe der HUI haelt um die 190, der ist ja unterbewertet in vergleich zu gold.


    Gnight, I call it a day !


    Eldorado 8)

    hallo,



    habe noch eine Depotleiche :D


    Rivergold Mines,hat die jemand von euch,weiss jemand was da los ist?


    die hatten doch Adern angebohrt,mit bis zu 140 gr Gold,im letzten Jahr,war mal eine Empfehlung von Thai.


    Grüsse


    Kalle

    Die überlegen sich jetzt doch, mit der Embry Empfehlung Wesdome Gold zusammenzugehen.


    Wäre vielleicht gut für RIV, aber vermutlich schlecht für Wesdome.


    Die Stimmung im RIV-Board ist jedenfalls auf dem Tiefpunkt:


    If the crook Murray Pollit was making license plates in prison where he belongs, the stock price would probably be alot higher than it is. It all comes down to the management folks! Based on that, this thing is priced where it should be (unfortunately).


    :D

    Ulfur,


    na,zum lachen ist es eigentlich nicht,habe die ganze Talfahrt bereits mit gemacht,werde den Rest auch noch überstehen :D


    aber wo bekommt man News zu dem Teil,möchte nochmal nachfassen.


    Hat eben jeder seine Drooy im Depot ?(


    kannst Du vielleicht mal einen Link setzen?


    Thank`s a lot


    Kalle

    ich ahb da einige, die sich nur noch a bisserl rühren.
    MYNG, UNCN, Silverado, CFTN.


    Da gibt´s ja dann noch den dead man bounce.
    Den werd ich sicher ausprobieren.
    Nur wann ist der?


    Bei CFTN kann ich mir Nachkauf vorstellen.
    Aber ansonsten ruhen lassen, od. bei einem guten Gewinn mit glattstellen.


    Pezi, eine Knacker ist eine Wurst,
    ein Knacker ist ein alter Mann.


    Grüße
    Tschonko

    Tschonko und Eldo,


    ich bin ja grundsätzlich auch positiv gegenüber Edelmetallen eingestellt, aber ein bisschen mehr Rücksicht auf Euer Geld solltet Ihr auch nehmen.


    Clifton mag sein, was es will, dennoch, solch Abschmieren tut mir ja nur bei bloßer Betrachtung des Charts weh. Es passiert höchst selten, dass ein gutes Unternehmen so dermaßen abschmiert. Ihr müßt in meinen Augen viel mehr hinterfragen und weniger dahin argumentieren: Ja die erholen sich bestimmt vom nächst tieferen Niveau ( a la: in 3 Jahren werd ich schon wieder ins Plus kommen). Es gibt eine Fülle von Unternehmen, die unweit ihrer Hochs stehen beziehungsweise gerade ein neues Hoch markiert haben. So ein bisschen Charttechnik sagt eine Menge über Unternehmen aus. Oder wie oft habt ihr die situaton erlebt, dass ein Unternehmen ziemlich einbricht und danach ein Börsenstar wird. Ist eine Aktie gut, wird sie sich zumindest halten, aber nicht einbrechen. Anteilseigner verabschieden sich nicht auf die abrupte Weise ohne Grund!!


    Depotleichen ausmisten ist deswegen auch ein Motto, dem Ihr folgen solltet. So lange die Gebühren beim Verkauf noch Geld übrig lassen, zählt jeder Penny.

    Planspieler


    Du hast ja so weit recht, argumentieren tun wir aber nicht viel darueber.
    Es ist eher frustrierend weil man keinen driftigen grund findet.
    Es ist irgendwas verkehrt,entweder wir die die aktien im depo haben oder die leute die aus irgendeinen grund verkauft haben.
    Ich habe nachgefragt und warte auf antwort von clifton.


    Es gibt in den medien keine schlechte nachrichten und man muss auch abwarten was sie mit Du Mont Nickel fuer bohregebnisse einbringen auf dem gemeinsamen projekt. Die beiden haengen ja zusammen und auf der anderen seite bricht Du Mont nicht ein. Und so lasse ich erstmal die leiche im freezer, kann sie ja noch spaeter loswerden. :D


    Gruss


    Eldorado


    Bis jetzt noch nix gehoert..

    Planspieler,
    ja es stimmt, was du sagst.
    Aber: CFTN hat eine spanne von 0,09 auf 2,50 in den letzten 4 Jahren.
    Kursschwankungen von 30-50% sind drinnen, weil sie relativ markteng sind.
    Verkauf ich z. B. bei 20% Minus kann es sein, dass ich draußen bin und am Abend wären schon wieder 10% über Verkaufskurs.


    Manchmal schaut man auch zu lange zu und dann rentiert sich ein Verkauf nicht mehr.


    Man kann dann auch mal sowas für einen Gewinn gegenrechnen, den man dann allerdings nicht gemacht hat. Steuer hat man sich gespart.


    Bei Middleplayern wie Cambior bin ich da resoluter, die ist neulich bei 20% Minus geflogen, könnte ich heute 20% unter damaligen Verkaufskurs wieder haben.


    Aber, noch einmal du hast recht, man sollte auch bei diesen Dingern nicht zu lange zuschauen, weil es gibt ja genügend andere.


    Und herzlichen Dank für deinen Beitrag, weil meistens will oder traut sich eh keiner Einwände zu bringen
    außer der Pezi,
    aber bei ihm sind sie noch etwas unartikuliert.


    Grüße
    tschonko

    CFTN.PK (CLIFTON MINING) (I own shares)
    http://www.cliftonmining.com/
    clifton@cliftonmining.com 801-756-1414 (303) 642-0659 Ken Friedman
    47 mil shares fully diluted (May 2004)
    @ $.84/share US
    $39 mil MC
    http://www.cliftonmining.com/wsreview.htm --source of 100 mil oz. resources est.
    http://www.cliftonmining.com/resource.htm
    From: http://www.siliconinvestor.com…bject.gsp?subjectid=13531
    "A previous geologist has talked about a possible resource of 1 billion oz. of silver, and 5 million oz. of gold."
    100 mil oz. silver
    +500,000 oz. gold x 10 = 5 mil oz. silver equiv.
    = 105 mil oz. silver.
    up to 1000 mil oz. silver "exploration potential".


    Clifton has a complex JV agreement with Dumont Nickel. (DNI.V DMNKF.PK) - exploring Clifton Mining's property In sum, here is what Keith Moeller VP, Clifton Mining Company wrote to me: "If Dumont produces a positive feasibility study on an individual property piece, then they gain a 50% interest in that piece alone, not in the rest of the property. If they spend more than 5 million dollars (US) on any one piece and they produce a positive feasibility study on that piece, then they will gain a 60% interest in that one piece of property, not in the rest. If they stop at any time or fail to produce a positive feasibility, then they will gain no interest in any of our property. Right now we have around 7 different pieces of the property that have "Stand Alone" mine potential. If Dumont stakes or purchases any property within five miles of the joint venture property, then we automatically receive a 50% interest in that property."


    My problem is how to quantify that. First, there is the range of potential silver resources. Second, there is the range of potential ownership, which is highly variable, and not subject to the entire property, nor necessarily subject to spending by Dumont, but subject mostly to Dumont doing a positive feasibility study on each of many properties . At the extreme ranges, the values are:
    40% to 100% of 105 = 42 - 105 million oz.
    40% to 100% of 1000 = 400 - 1000 mil oz. "exploration potential"
    $39 mil MC / 42 mil oz. = $.94/oz.
    $39 mil MC / 1000 mil oz. = $.039/oz.
    You get "approx" 7.72 ounces in the ground for 1 oz. silver.
    Exploration Potential: 186


    Additional comments: Goldseek.com is hosting a "Meet the CEO" session with Dr. Friedman of Clifton. If readers would like to send him some questions (open until Aug. 23), see:http://www.goldreview.com/MeetCEO/ask.php


    Note the "exploration potential" is very large, but it also assumes that their JV partner, Dumont, does not acquire any interest in the property at all.


    Perhaps an interesting and novel way to determine percentage ownership of the projects would be to look at the relative market caps for both Clifton, and Dumont, and then assume that the market has it "about right", and then use thier relative values to determine a possible percentage ownership of each. And then, simply decide to own both, keeping your percentage ownership of each company, about the same. For example, if the MC of Clifton is $43 mil, and Dumont is about $10 mil, so own about 4.3 times as much Clifton as Dumont.


    JV agreements were primarily entered into during a time when it was difficult to raise money through share offerings, as a way to advance the projects. Unfortunately, JV agreements also make it difficult for investors to value a company! Several companies at the NY Gold show in June were just completing buyout agreements (or working on doing so) with their JV partners.


    For more info on what's going on with Clifton, see http://www.dumontnickel.com , JV partner. One man suggested buying both Clifton and Dumont to ease the difficulty in trying to figure out their JV agreement.


    Clifton has 28% ownership of a biotech firm that makes a colloidal silver. The biotech firm has a patent on a "super" colloidal silver solution made with 10,000 volts that adds oxygen that gives it more powerful antibacterial properties, and is safer since it uses less silver, which would prevent "blue skin" argyria. Normal colloidal silver that you can make at home with 30 volts works to kill bacteria by disrupting the oxygen metabolism of the cell wall, killing bacteria with oxygen. The market for safe antibiotics is in the multi Billions of dollars.

    Sind diese Sachen aus 05/2004 schon bereinigt ?


    :D :D "Do investors never tire of promotional schlock and slippery facts? :D :D


    Reserves-R-Us


    In the world of unregistered mining companies there is little control over facts like industry standards on resource reporting. Clifton not only fails to correct errors in the "independent" reports it promotes, but blatantly puffs some of them up and steps well over an acceptable line.


    Take mineral resource estimates for example. Since Clifton does not have to conform to the SEC's Industry Guide 7, there is no restriction on how it reports mineral resources. Hence, it proclaims itself to have "proven and probable reserves", and invokes the name of respected firm Behre Dolbear to help make it kosher.


    The actual Behre Dolbear (BD) resource figures have little resemblance to what Clifton boasts. This is especially true since the BD data was reclassified, appropriately, to measured and indicated resources since there was no associated feasibility study. Likewise, the BD data has no lead content estimate, yet it appears in Clifton's promotion as a hefty 16 billion pounds of contained metal. The overall effect is to ramp up the BD gold equivalent estimate by a mere 35,000%.


    None of the estimates beyond the aging BD study are compliant with latest North American standards, a point made very clear by independent consultants A.C.A. Howe International in a technical report prepared for Clifton joint venture partner, Dumont Nickel, in the middle of last year. Not even the independent technical report is able to clarify how Clifton verified upgrades to the BD estimates, saying only that sampling from development intended to deliver production was the source. Notably, that production drive failed.


    Clifton's most dubious informal estimate was a 1993 "extrapolation" declaring 40 million ounces of silver and 213,000 ounces of gold in the proven and probable categories. That's a long way from the 51,557 gold equivalent ounces reported by BD and even the later revisions that top out with Chapman's 147,733 ounces.


    Even if you accept the highest number, the Julian Baring Rules of Thumb warns that you don't accord more than 10% of the in situ value to the owner in the absence of an economic plan. There is every historical indication that finding sufficient gold to allow profitable mining is Clifton's albatross, and this was confirmed to us by one of the best geologists to have worked the Great Basin. He has an intimate knowledge of Clifton's properties having undertaken extensive exploration for a large company in the 1980s. He said every geologist was fooled by the properties "showings", only to be disabused of his excitement once an attempt was made to pin down economic deposits.


    Investors should rely solely on the 2000 review to make Clifton's resource estimate compliant with Ontario Securities Commission requirements. That downgraded the status to measured and indicated, accepted an increased tonnage and higher silver grade, for total gold equivalent ounces at a little over 95,000 ounces at a grade of 0.164 ounces per ton. That compares with the 1996 report of 52,000 gold equivalent ounces grading 0.156 opt.


    Investors are in for a shock if they think Clifton's "reserves" will survive the scrutiny of a putative Amex listing.


    My billion or yours?


    Clifton's extrapolated resources are promotional fairy dust until exploration confirms it. It would be an enormous cost to achieve Clifton's notion of the shear zones' resource achieving "in excess of 100 million ounces of silver, 6 billion pounds of lead, and 500,000 [sic] of gold" making it "one of the largest primary high-grade silver deposits in the world." Only insecure companies fluff up their numbers like this. The fact that no intensive exploration has been undertaken to buttress the shear zones extrapolation tells you all you need to know.
    Aus:
    http://www.mineweb.net/dev/shears.htm

    Clifton Mining Company (CFTN)


    Friday April 22, 7:00 am ET



    ALPINE, UT, April 22 /PRNewswire-FirstCall/ - We have received numerous phone calls over the past couple of weeks inquiring about several unfounded rumors.First, in the past year there has been a net increase in all officers and directors share holdings, not a decrease, except for one director who transferred shares for estate planning purposes and none of those shares have been sold.

    Second, our most recent audited financial statements for the year ended December 31, 2004, are available on our web site (http://www.cliftonmining.com) under "Financials". With several hundred thousand dollars in liquid assets and total liabilities of $12,500 in accounts payable, Clifton is in the best financial position it has been in its history.


    Third, as mentioned in our April 6, 2005 news release, the Company has filed another amended Form 10-SB with the SEC and we are awaiting a response, but it increasingly appears to us that junior mining companies are not on any favored status list.


    Fourth, as mentioned in our latest news release that Dumont is vigorously pursuing the development of the property and we anticipate releasing developments as they become available.


    In addition, American Biotech Labs had a 30% increase in revenues from 2003 to 2004 and with additional signed contracts for 2005, additional new products for 2005, and additional new markets for 2005, we expect that the company will have a significant increase in revenues.


    Clifton trades on the U.S. OTC: (CFTN).


    I''ll be holding on ! :D

    Die Passage bezieht sich auf den von ulfur geposteten Artikel,
    den ich auch nicht kannte. Shame on me!


    Third, as mentioned in our April 6, 2005 news release, the Company has filed another amended Form 10-SB with the SEC and we are awaiting a response, but it increasingly appears to us that junior mining companies are not on any favored status list.


    Ist aber etwas schwammig!


    Tschonko

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