Cabo Mining

    Cabo to Drill Howard's Pass Selwyn Project for Pacifica


    http://biz.yahoo.com/ccn/060726/200607260339445001.html?.v=1


    The diamond drilling program, for the Vancouver based company, is underway as part of a $10 million exploration program aimed at defining the full potential of this large zinc-lead deposit.


    Auch interessant, die Firma, für die sie drillen: Pacifica.
    Bin da schon manchmal fündig geworden. :D


    Tschonko

    Jetzt war lange kaum Umsatz und ich hab mich auf die Lauer gelegt.
    Heute wieder Umsatz und sie fällt. Also hab ich ausgezogen.
    Ich habe im Verhältnis zu anderen depotwerten sehr viele cabo.
    Aber genau die Position wollt ich noch, dass ich, wenn die TSX mal weitertut, ich eine schöne Anzahl MMMC ins depot gelegt kriege.
    da müssen sie dann 4 monate reifen, bevor man sie verkaufen darf.
    Und warrants gibt´s auch noch.


    Aber jetzt reicht´s mal.......


    Grüße
    tschonko

    Hallo value,
    danke für die Aufmunterung.
    schön wär´s, wenn mir da noch mehr gehören würde.
    Aber verglichen mit dem heutigem umsatz hab ich wirklich um ein Vielfaches mehr.


    Und nicht vergessen, es gibt Gratisaktien so wie morgen bei Wolfden.
    Ich glaub, die bei wolfden sind gleich frei, die bei Cabo muss man dann 4 monate halten, dafür gibt´s hier auch noch warrants.


    Grüße
    Tschonko

    Da hab ich doch glatt einen Drillingauftrag nicht gepostet.
    War auf urlaub, hä,hä.......


    http://biz.yahoo.com/ccn/060907/200609070345934001.html?.v=1
    Cabo Division Commences Underground Drilling for Inco in Sudbury


    Wenn ich schon dabei bin, noch ne Mail von Sheri:
    sie rechnen schon noch heuer damit........




    "Hi ...........,


    Thank you for your email, we appreciate your support. It is Cabo and IMMC’s intention to complete the sale of the Cabo property (the “transaction”) within the 2006 year. Prior to completing the transaction IMMC must complete its financing of $3.5 to $5 million and obtain a listing of the TSX-Venture Exchange. Upon completion of these two tasks Cabo and IMMC will be able to complete the transfer of the Cabo property and the issue of the IMMC units to Cabo and then subsequently to its shareholders. As we are dealing with regulatory authorities on the exchange listing it is difficult to predict a timeline however we are working as diligently as we can to complete the transaction.

    If you have any further questions please do not hesitate to email me.

    Bests regards,


    Sheri Barton


    Investor Relations


    Cabo Drilling Corp.


    International Millennium Corp.


    403-217-5830


    http://www.cabo.ca


    http://www.immc.ca (IMMC’s website should be live by October 10, 2006)

    CABO DIVISION CONTINUES TO DRILL FOR GLR RESOURCES INC.
    AND URANIUM CITY RESOURCES INC.
    19.10.2006
    North Vancouver, BC – Cabo Drilling Corp. (TSX-V: CBE) (“Cabo” or the “Company”) announces that its Heath & Sherwood Drilling Inc. division has been awarded a contract to drill NQ diameter core near Uranium City, Saskatchewan for Uranium City Resources Inc. and GLR Resources Inc.


    The drilling project, which commenced in July, 2006, will continue into 2007 and will total a minimum of 6,000 meters of drilling NQ diameter core. The aim of the drill campaign is to conduct further exploration at GLR Resources’ Golden Pond and Frontier gold occurrences, and their Athona Gold Deposit. The goal of the Uranium City Resources’ portion of the drill campaign is to expand Uranium City’s historic uranium resource. Heath & Sherwood has allocated one JKS Boyles BBS-37A diamond drill for the project.


    Uranium City, in north-western Saskatchewan, Canada, is located on the northern shores of Lake Athabasca near the border of the Northwest Territories. The province of Saskatchewan is an outstanding target market for Cabo with $206 million in mineral exploration expenditures forecasted, by the Government of Saskatchewan, for 2006 alone. Saskatchewan is ranked as one of the most productive mining provinces in the country and is the world’s largest uranium producer – with about 30% of the world’s uranium production coming from the province’s Athabasca Basin. The Company has focused its marketing efforts within this region of Saskatchewan and is establishing its presence as a dependable driller in and around the basin. Drilling for companies such as GLR Resources Inc. and Titan Uranium in the Athabasca Basin has allowed Cabo Drilling to meet its goal of establishing a reliable base of operations in the region.


    Cabo Drilling Corp. is a drilling services company headquartered in North Vancouver, British Columbia, Canada. The Company provides mining related and specialty drilling services through its subsidiaries Advanced Drilling Ltd. of Surrey, British Columbia; Forages Cabo Inc. of Montréal, Quebec; Heath & Sherwood Drilling Inc., of Kirkland Lake, Ontario; and Petro Drilling Company Limited of Springdale, Newfoundland. The Company’s common shares trade on the TSX Venture Exchange under the symbol: CBE.


    ON BEHALF OF THE BOARD


    “John A. Versfelt”

    Der Jahresbericht:
    Auf den ersten blick eine große enttäuschung, dachte an plus.
    Auf den 2. Blick auch, noch ein jahr warten.


    Beim 3. blick sieht´s besser aus.


    http://biz.yahoo.com/ccn/061030/200610300354497001.html?.v=1


    Revenue: von 23 auf 28 Mille.
    Earnings: gleich zum Vorjahr 0,02.
    Verlust: von 0,03 im Vorjahr auf 0,09.


    Aber es wurde sehr viel abgeschrieben, unter anderen auch die gebiete.
    das belastet nicht mehr und die Auftragslage ist bestens.


    Genaueres: Bericht lesen :D


    Grüße
    tschonko

    ein paar CABO_Aktien halte ich, weil

    immer fuer Entertainment gesorgt ist.

    CABO verfuegt ueber Scharen von Pausen_Clowns

    Gogh



    Press Release Source:


    Cabo Drilling Corp.



    Cabo Announces $3,000,000 Non-Brokered & Brokered Private Placement


    Thursday November 23, 5:37 pm ET



    NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 23, 2006) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that it is carrying out a non-brokered private placement of up to 6,400,000 units at $0.375 per unit to raise gross proceeds of $2,400,000 and a brokered private placement of up to 1,600,000 units at $0.375 per unit to raise gross proceeds of $600,000. Each unit will consist of one common share of the Company and one warrant, each warrant entitling the holder thereof to acquire one additional share of the Company at a price of $0.50 for a period of two years from the date of issuance of the units; provided however that should the closing price of the Company's shares on the Exchange be at least CDN$0.60 per share for 20 consecutive trading days (at any time at or following the expiry of the four month resale restriction period), Cabo may, by notice to the Subscriber reduce the remaining exercise period applicable to the warrants to not less than 20 trading days from the date of such notice. The Company expects to pay finder's fees or commissions on some or all of the private placements, payable in cash or securities, in accordance with the policies of the TSX Venture Exchange. The non-brokered and brokered placements are subject to acceptance by the TSX Venture Exchange.
    ADVERTISEMENT


    The Company will use the net proceeds from the offerings for establishing drilling operations in Panama; up to $1,200,000 to invest in a private placement of International Millennium Mining Corp. ("IMMC") (a reporting issuer seeking a listing on the TSX Venture Exchange); and the balance for general working capital purposes. If the Company participants up to the full amount in the IMMC non-brokered private placement the Company would receive 3,428,571 units in IMMC at a price of $0.35 per unit. Each unit will consist of one common share of IMMC and one full warrant exercisable at $0.40 for two years from the date of issue.


    PanAmerica Capital Group, a significant subscriber in the Cabo non-brokered private placement, is the largest non-bank affiliated brokerage firm in Panama and the region. PanAmerica has invested over US$220 million over the last five years in mining related equities.

    Hallo gogh,
    jetzt haben sie es endlich geschafft, mal schwarze Zahlen zu schreiben.
    Siehe unten! Wenngleich mit verhaltener ausschau....(fett)


    Aber ich komm mit den Ursachen für das PP nicht ganz klar.
    Vielleicht könntest du mal eine aktion "Licht ins Dunkel" starten.


    Warum gerde jetzt vor den Zahlen. 37 ct ist nicht das gelbe vom Ei.
    Warrants zu 0,5 kann ich leben.
    Wozu: sie bauen nach Mexico auch in Panama was auf. ok.
    Aber warum beteiligen sie sich am PP von IMMC.
    Das ist im übrigen Voraussetzung für den Börsengang.
    Geht das PP von IMMC so schlecht, dass sie sich selber beteiligen müssen?
    Was schätzt du, wann IMMC endlich an die Börse kommt und der deal damit rechtsgültig wird?
    Positiv ist , dass working capital wächst (kann man auch wieder nicht rechnen, weil sie die panama kosten nicht einmal ungefähr angeben)



    "The Company will use the net proceeds from the offerings for establishing drilling operations in Panama; up to $1,200,000 to invest in a private placement of International Millennium Mining Corp. (“IMMC”) (a reporting issuer seeking a listing on the TSX Venture Exchange); and the balance for general working capital purposes. If the Company participants up to the full amount in the IMMC non-brokered private placement the Company would receive 3,428,571 units in IMMC at a price of $0.35 per unit. Each unit will consist of one common share of IMMC and one full warrant exercisable at $0.40 for two years from the date of issue"


    Grüße
    Tschonko


    PS: deine Erklärung zu BTV hab ich verstanden.
    Die Spitze gegenüber Ulfur damit, dass ihr mal verheiratet ward. :D


    http://biz.yahoo.com/ccn/061127/200611270359937001.html?.v=1


    Cabo Announces Record 1st Quarter ResultsMonday November 27, 9:00 am ET



    NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 27, 2006) - Cabo Drilling Corp. ("Cabo" or the "Company") (TSX VENTURE:CBE - News) today reported results for its fiscal year 2007 first quarter ended September 30, 2006.


    1st QUARTER HIGHLIGHTS
    ---------------------------------------------------------------------------
    Q1-07 Q1-06 FY 2006
    (CDN $000s, except earnings per share) Sept. 30 Sept. 30 June 30
    ---------------------------------------------------------------------------
    Revenue 10,498 8,819 28,791
    ---------------------------------------------------------------------------
    Net Earnings (Loss) Before Interest,
    Taxes, Amortization, Stock Based
    Compensation and Other Items (EBITDA) 1,194 469 530
    ---------------------------------------------------------------------------
    Net Earnings (Loss) After Taxes 423 117 (2,762)
    ---------------------------------------------------------------------------
    Earnings (Loss) per Share ($) Basic
    Before Interest, Taxes, Amortization,
    Stock-based Compensation and Other
    Items (EBITDA) 0.04 0.02 0.02
    ---------------------------------------------------------------------------
    Earnings (Loss) per Share ($) Basic 0.01 0.00 (0.09)
    ---------------------------------------------------------------------------
    Cash from Operations(1) 863 336 407
    ---------------------------------------------------------------------------
    Gross Margin % 23.6% 17.0% 20.0%
    ---------------------------------------------------------------------------
    Working Capital (deficiency) 3,503 4,576 3,326
    ---------------------------------------------------------------------------


    (1) before changes in non-cash working capital items



    The Company reports:


    - Its highest quarterly revenue of $10.50 million in the 1ST quarter of FY2007, a 19.5% increase over revenue of $8.82 million in the 1st quarter of FY2006.


    - Net 1st quarter FY2007 earnings before interest, taxes, amortization, stock based compensation and other items of $1.19 million compared to 1st quarter FY2006 earnings before interest, tax, amortization, stock based compensation and other items of $469,455.


    - Net earnings after taxes for the 1st quarter of FY2007 of $422,553 compared to 1st quarter FY2006 net earnings after taxes of $116,545, resulting in 1st quarter FY2007 net earnings after taxes of $0.01 per share compared to FY2006 1st quarter earnings of $0.00 per share.


    - Gross margin percentage for the 1st quarter FY2007 was 23.6% compared with a gross margin of 17.0% in the FY2006 1st quarter.


    - Cash from operations, before changes in non-cash working capital items, was $862,786 for the 1st quarter FY2007 compared to 1st quarter FY2006 cash from operations of $336,164.


    - A current asset balance of $11.78 million and working capital of $3.50 million.


    - Total assets of $23.25 million and total liabilities of $10.04 million.


    "Cabo began fiscal year 2007 with its highest quarterly revenues to date," said Mr. John A. Versfelt, Chairman, President & CEO of Cabo Drilling Corp. "The Company achieved first quarter revenues of $10.50 million, an increase of $1.68 million or 19.5% compared to fiscal year 2006 first quarter revenues of $8.82 million. Additionally, Cabo reported a pre-tax income of $703,334 in the first quarter of fiscal 2007, compared to a pre-tax income of $168,161 for the same period in fiscal 2006. This represents a 318% increase from the first quarter in fiscal 2006 and the highest quarterly earnings before taxes in Cabo's history."


    "Gross margins for the first quarter increased 35% to 23.6% in fiscal 2007, compared to 17.0% in the first quarter of fiscal 2006," stated Mr. Versfelt. "The improved margins are a result of increased pricing, improved cost rationalization and benefits of longer term contracts. The Company anticipates that margins throughout fiscal 2007 will be in the 23-25% range, due to longer term projects, continual efforts to improve utilization and efficiency, and increasing both technological and technical expertise across all divisions."


    "Quarter to quarter the Company's current and total assets, less liabilities and working capital, remained relatively strong. Net earnings after taxes per share of $0.01 improved compared to $0.00 earnings for the first quarter of fiscal 2006," said Mr. Versfelt. "Net income after taxes increased 262% or $306,014 to $422,553 in the first quarter of fiscal 2007 compared to the $116,545 earned during the same period in fiscal 2006."


    "Heading into the 2nd and 3rd quarters it is expected that Cabo will likely experience reduced revenues as the Company's operations follow seasonal patterns," said Mr. Versfelt. "Past experience shows that business in December through January slows down due to the holiday season and more difficult weather conditions. However, Cabo is in a better position this year with more underground drilling contracts that are impacted less by the holiday season and the weather conditions."


    "Exploration budgets for all commodities have increased, with Latin America and Canada continuing to be the preferential locations. We are focusing our expansion efforts in Canada, U.S.A. and Spanish speaking countries - where increased demand will lead to improved pricing in countries with favourable drilling environments," said Mr. Versfelt.


    First quarter ended September 30, 2006


    Cabo recorded its highest ever quarterly revenue in the first quarter of fiscal 2007, a 19.5% increase to $10.50 million compared to $8.82 million in the first quarter of fiscal 2006, a $1.68 million increase. Revenue from surface drilling increased to $7.96 million in the first quarter of fiscal 2007 from $5.97 million in the first quarter of fiscal 2006, a 33% increase, primarily from the Advanced Drilling Group and Petro Drilling Company divisions. Additionally, the Company has expanded operations into Mexico where it recorded revenues of $250,334 during first quarter of fiscal 2007.


    In the first quarter of fiscal 2007, contract core drilling services represented 98% of revenues and geotechnical and geo-environmental drilling services represented 2%. Surface drilling revenues increased $2.00 million to $7.96 million in the first quarter of fiscal 2007 from $5.97 million in the first quarter of fiscal 2006, while underground drilling decreased 9% or $237,456 to $2.28 million in the first quarter of fiscal 2007 compared to $2.52 million in the same period in fiscal 2006. Geotechnical/geo-environmental drilling decreased 23% during the first quarter of fiscal 2007, primarily due to an extended slow down during August and September not experienced in fiscal 2006.


    The overall gross margin for the first quarter of fiscal 2007 was 23.6% compared to 17.0% in the first quarter of fiscal 2006. Gross margin improved throughout the quarter as a result of higher productivity, implementation of new policies and procedures and improved project management, as well as better revenues per contract. Forages Cabo's gross margin decreased due to project delays in the first quarter of fiscal 2007.


    The Company recorded EBITDA (earnings before interest, taxes, amortization, stock-based compensation and other items such as write-downs of the resource properties, software costs and goodwill) of $1.19 million in the first quarter of fiscal 2007, a substantial increase from $469,455 in the first quarter of fiscal 2006. General and administrative ("G&A") costs were $1.27 million in the first quarter of fiscal 2007 compared to $1.07 million in the first quarter of fiscal 2006. The increase can be attributed to a $122,500 allowance for doubtful accounts and slightly higher wages during the first quarter of fiscal 2007, when compared to the first quarter of fiscal 2006. G&A costs decreased in the first quarter of fiscal 2007 from $1.45 million in the fourth quarter of fiscal 2006 due to non-recurring charges in the fourth quarter of fiscal 2006.


    Amortization expense increased $17,626 from $277,858 in the first quarter of fiscal 2006 to $295,484 in the first quarter fiscal 2007.


    Net income increased 262% or $306,014 to $422,553 in the first quarter of fiscal 2007 from $116,545 earned during the same period in fiscal 2006.


    The Company's current cash (marketable securities and cash equivalents) position at September 30, 2006, is $285,998 compared to $1.43 million at June 30, 2006. The decrease in cash is due to the timing differences on collection of receivables. Cabo collects the accounts receivable in sixty days while disbursing payroll costs on a current bi-monthly basis creating a timing difference as evident in the higher accounts receivable balance at September 30, 2006, compared to the accounts receivable balance at June 30, 2006.


    Cash flow from operations (before changes in non-cash operating working capital items) was $862,792 during the first quarter of fiscal 2007, an increase of $526,628 from $ 336,614 in the first quarter of fiscal 2006.


    Working capital increased by $176,507 from $3.33 million at June 30, 2006 to $3.50 million at September 30, 2007. The increase is due to higher activity levels partially offset by capital assets purchased with cash.


    Mineral exploration expenses and mineral property expenditures for the first quarter of fiscal 2007 were $129,597 compared to $206,330 in the first quarter of fiscal 2006.


    Cabo has positioned itself to capture an increase in revenues and improve its gross margin as the demand for exploration drilling services increases. The Company's strategy is to focus on growth by expanding its existing long term customer base revenues, attracting new customers and by identifying favourable geographical locations in which to expand its drilling services business.


    Cabo Drilling Corp. is a drilling services company headquartered in North Vancouver, British Columbia, Canada. The Company provides mining related and specialty drilling services through its subsidiaries Advanced Drilling Ltd. of Surrey, British Columbia; Forages Cabo Inc. of Montreal, Quebec; Heath & Sherwood Drilling Inc. of Kirkland Lake, Ontario; and Petro Drilling Company Limited of Springdale, Newfoundland. The Company's common shares trade on the TSX Venture Exchange under the symbol: CBE.


    ON BEHALF OF THE BOARD


    John A. Versfelt, Chairman, President and CEO


    Further information about the Company can be found on the Cabo website (http://www.cabo.ca) and SEDAR (http://www.sedar.com).

    Tschonko,

    man darf CABO nicht ganz fuer voll nehmen. Die sind nicht kriminell;

    das ist bei Explorern schon wie ne Blaue Mauritius.


    Dass die PP (teilweise) fuer die Ausgruendung der IMMC gebraucht wird,

    erstaunt mich nicht. Bei einer "Sachgruendung" muss die Werthaltigkeit

    der "Claims" bewiesen werden. Das ist unmoeglich.

    Legt man ein paar tausend Dollar in die Kasse, ist alles klar.

    Ein Dollar ist ein Dollar wert, so wie 3x Null= Null ist.


    Und Panama? Wahrscheinlich hat jemand gemerkt,

    dass da der Boden im Winter nicht gefriert:

    "Past experience shows that business in December through January


    slows down due to the holiday season and more difficult weather conditions"


    CABO ist was fuer Gourmets unter den Goldbugs.

    Luxus kleidet



    Gruss

    Gogh

    "Und Panama? Wahrscheinlich hat jemand gemerkt,
    dass da der Boden im Winter nicht gefriert:
    "Past experience shows that business in December through January
    slows down due to the holiday season and more difficult weather conditions"    "


    Gogh, die wissen das doch. Ab Dezember geht es untertags. :D



    CABO AWARDED UNDERGROUND AND SURFACE DRILLING CONTRACT WITH BREAKWATER RESOURCES LTD.
    North Vancouver, BC – Cabo Drilling Corp. (TSX-V: CBE) (“Cabo” or the “Company”) announces that its Advanced Drilling Ltd. division of Surrey, British Columbia has been awarded contracts by NVI Mining Ltd., a division of Breakwater Resources Ltd., for more than 30,000 metres of surface and underground drilling at NVI Mining’s Myra Falls operations near Campbell River, BC.


    The contracts include a minimum 6,000 metres of surface and 25,000 metres of underground diamond drilling. Surface drilling commenced mid October 2006 with the underground work scheduled to begin in early December 2006. The purpose of the drill programs is to expand NVI Mining’s existing reserve base at Myra Falls.
    The Myra Falls mine is located in a provincial park in central Vancouver Island, British Columbia. The mine is linked by an asphalt road to the port of Campbell River, 90 kilometres away. In September, 2006, NVI Mining celebrated the 40th anniversary of the Myra Falls mine. Operations at Myra Falls currently include two underground mines: the H-W mine and the Battle-Gap mine.


    Breakwater Resources Ltd. is a mineral resource company engaged in the acquisition, exploration, development and mining of base metal and precious metal deposits in the Americas and North Africa. Breakwater has three producing zinc mines: the Myra Falls mine in British Columbia, Canada; the El Mochito mine in Honduras; and the El Toqui mine in Chile. The Company is also developing the underground Langlois mine in Canada which is expected to deliver some production in the fourth quarter of 2006 and be in full commercial production by mid-2007.


    Cabo Drilling Corp. is a drilling services company headquartered in North Vancouver, British Columbia, Canada. The Company provides mining related and specialty drilling services through its subsidiaries Advanced Drilling Ltd. of Surrey, British Columbia; Forages Cabo Inc. of Montréal, Quebec; Heath & Sherwood Drilling Inc., of Kirkland Lake, Ontario; and Petro Drilling Company Limited of Springdale, Newfoundland. The Company’s common shares trade on the TSX Venture Exchange under the symbol: CBE.


    ON BEHALF OF THE BOARD



    “John A. Versfelt”

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