cabo heute mit beachtlichen +18% ![:]](https://goldseiten-forum.com/wcf/images/smilies/pleased.gif "Freude"){kind=small}
Cabo Mining
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Na hallo, was ist denn hier los????
2,8 Mille Umsatz ist CBE Rekord.Hab nur die Befürchtung, dass sie übernommen werden.
Konservativ gerechnet müssten sie minimum 0,6C$ wert sein.Drilling wird immer teurer und das Geschäft brummt.
Endlich kommt da mal bewegung rein.
Ich hab die ersten vor über 3 Jahren gekauft (inzwischen mehr als reichlich) und die Dinger haben meine Geduld gestählt....Dürfte spannend werden die nächsten Wochen.
Grüße
Tschonko -
ZitatAlles anzeigen
Original von Tschonko
Hallo Schischi,
jetzt brauch ma nur noch a bissale Geduld
Wenn die nicht minimum 50% anschiebt in 07, wandert a guat´s Flascherl Wein nach Kärnten. Ok.?
Noch was: ich glaub, die Driller werden im Miningsektor genau so rennen wie im Ölservicesektor. Man ist immer ein bisserl hinten dran, aber auf einmal schieben die ab.Ich hab im Drillingsektor noch EGD.V, die komplett anders aufgestellt sind wie CBE und ALMI.OB, wo der Drillingsektor zur Zeit die Sterling Mine auf Vordermann bringt.
Grüße
TschonkoHallo Schischi,
das war am 5.2. bei 0,36.
Wenn´s nicht übernommen werden, hab ich wieder Chancen, dass ich den wein selber trinken darf.Grüße
T. -
Es tut sich definitiv was bei Cabo.
Zuerst hatten wir mal an dem einen Tag die fast 3 mille Umsatz.
Aber auch jetzt ist mehr als usual.Die 4 Drillinggesellschaften sind fast integriert, Die properties ausgegliedert, Auftragsbücher voll, neue Betätigungsfelder in mexico und panama.
Sie liegt so was von auf dem Präsentierteller.
Hoffentlich wird sie nicht rausgenommen.
Jetzt wo ich mit IMI dazugerechnet fastr auf pari bin.Bei Cabo war ich extrem unvernünftig, Mann , da mag ich gar nicht dran denken.......na ja, jetzt schon
Grüße
tschonko -
Da schau her,
die Cabo ist im falschen Kästchen .......Na ja, ist ja wirklich unbekannt!
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Endlich wieder mal ein Drillingvertrag:
Mit einer interessanten Company: Hemis Corp
52 wochen: 0,9 bis 3,5 Zur Zeit so um die 1!!Cabo's Mexico Sub Drills El Tigre Project for Hemis Corporation
Wednesday April 25, 10:20 am ETNORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 25, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that its Mexico subsidiary, Cabo Drilling de Mexico S.A. de C.V., has been awarded a drilling contract by Hemis Corporation. The awarded contract consists of a minimum 3,500 meters of diamond drilling on Hemis's El Tigre property in Sonora State, Mexico.
The drilling project was mobilized the first week of April 2007 and drilling has commenced. The project is comprised of fourteen diamond drill holes at El Tigre, targeted to test gold values identified from surface mapping and old mine workings in the area.
The El Tigre Project is located in south-eastern Sonora along the Sonora Major gold-silver belt and its' Mojave Sonora Mega-Shear. The Project is on the northwest fringe of the Mulatos mining district, which is a huge district that has been mined for several hundred years.
About Hemis Corporation
Hemis Corporation is a precious metals exploration company trading on the OTCBB under the symbol HMSO and listed on the Frankfurt stock exchange under the symbol XZA. Hemis Corporation is comprised of both a resource division and a resource investment unit. Hemis' high profile team is focused on evaluating gold projects with strong potential. The resource investment unit is actively reviewing other natural resource companies for joint ventures and investment.
About Cabo Drilling Corp.
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; Petro Drilling Company Limited of Springdale, Newfoundland; Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Sonora, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; and Cabo Drilling Spain, SL of Sevilla, Spain. 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
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes and other business transactions timing. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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...@ Tschonko
... mit der CBE bist immer auf´m Laufenden,
...wo´s demnächst RUND geht...
Grüsse
emoba
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Da schau her, in Liberia....
Hoffentlich finden´s wieder z´ruck!Cabo Announces Award of Drilling Contract by AmLib United Minerals Inc.
Thursday May 3, 9:00 am ETNORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 3, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that it has been awarded a contract by AmLib United Minerals Inc. ("AmLib") for a minimum of 10,000 meters of reverse circulation drilling and 5,000 metres of core drilling. The project is located at AmLib's Kokoya exploration property near Dean Town in the Kokoya district of Bong County, Liberia.
ADVERTISEMENT
The Company is working closely with AmLib, a Jersey (Channel Islands) corporation, on this particular drilling operation. AmLib has extensive experience in the region and is currently the largest mineral exploration company in the country, with 3,200 square kilometres under license. AmLib will be providing all transportation, camp facilities, support workers, security, fuel and administration in Liberia.Cabo's Heath & Sherwood Drilling Inc. division will carry out the core drilling, while Forage Cabo Inc., the Company's Montreal division, will provide the reverse circulation drilling. Canadian drill crews and the necessary equipment have been mobilized to the site and drilling is scheduled to commence in the next few days. AmLib's and the Company's management teams have been working together to expedite drills and people into Liberia. AmLib will provide significant people resources in support of Cabo's drilling team.
"Cabo Drilling Corp. has established itself as one of the larger drilling service companies serving the mining industry in Canada, Mexico and Panama," stated John Versfelt, Cabo's Chairman, President and CEO, "We continue to look for unique opportunities to grow with our clients, employing our surface and underground drilling expertise."
Several West African countries including Mali, Burkina Faso, Ghana and Guinea have witnessed a boom in gold exploration, discovery, development and production over the past ten years. Now that peace has returned to Liberia and reconstruction is underway with strong international support, there is a major opportunity to apply modern exploration techniques to numerous gold projects previously reported, but neglected for decades. Other companies with recent or current interests in Liberia include, but are not limited to: BHP Billiton, Diamond Fields International, Freedom Gold Ltd., Broadway Mining plc, Ducor Minerals Inc., and Mano River Resources Inc.
AmLib United Minerals is a privately owned corporation organized to explore mineral prospects in Liberia, West Africa. AmLib's executive offices are located in the capital city, Monrovia, and its field headquarters are in the Kokoya district of central Liberia. AmLib currently has exploration projects in Bong, Grand Gedeh, Montserrado, Grand Bassa and River Cess Counties.
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; Petro Drilling Company Limited of Springdale, Newfoundland; Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Sonora, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; and Cabo Drilling Spain, SL of Sevilla, Spain. 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
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Und nun auch Spanien!
Frag mich, woher die die drillrigs hernehmen?
hier steht. "mobilized from sweden"
Nehme an, die borgen die aus.Cabo Drilling Expands Into Spain with 70,000 Metre Drill Contract for Iberian Minerals
Monday May 14, 9:00 am ETNORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 14, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces the expansion of drilling operations into Spain through its wholly owned subsidiary Cabo Drilling Spain S.L., and initial core drilling contracts totalling 70,000 meters (amended from an initial 65,000 metres) for Iberian Minerals Corp. ("Iberian Minerals") (TSX VENTURE:IZN - News) wholly owned subsidiaries, Minas de Aguas Tenidas, S.A.U. ("MATSA") and Iberian Minerals Spain, S.L.U., at their Aguas Tenidas Mine located in Huelva Province, Region of Andalucia, SW Spain and their nearby exploration licence areas of approximately 300 km2 in the Iberian Pyrite Belt.
Iberian Mineral's initial drilling objectives include: 1) underground infill drilling to upgrade the MATSA Aguas Tenidas indicated mineral resources to proven mineral reserves; 2) surface drilling to extend the mineral resources westward at Aguas Tenidas; and, 3) surface drilling within the extensive portfolio of exploration licenses held by MATSA in the Spanish Pyrite Belt.
Cabo has mobilized two new core drill rigs (underground and surface), from Sweden and assembled, with MATSA, an international team from Spain, Chile and Canada to carry out the Iberian Minerals' drilling program. Surface drilling has commenced.
Spain has a long history of mining and occupies about 85% of the Iberian Peninsula, which has some of the most mineralized territory in Western Europe. The country's long history of mining has recently attracted renewed interest from the world's major mining companies for gold and base metal exploration and extraction, with a particular interest in the Iberian Pyrite Belt. International mineral investment has been encouraged by several factors, including: the highly prospective geology of the Iberian Pyrite Belt in the south and the recent gold discoveries in the north, a transparent legislative framework and positive fiscal environment covering the extraction of natural resources, well-developed infrastructure and available skilled work force and extended mining tradition and track record of exploration success and mine development.
"Continuing with Cabo's 2007 goal to expand the Company's geographical markets, Cabo has identified Spain as an opportune country in which to offer its drilling services," stated John Versfelt, Cabo's Chairman, President and CEO. "We are pleased with this growth and are happy to be with working with Iberian Minerals Corp."
About Iberian Minerals Corporation
Iberian Minerals Corporation (TSX VENTURE:IZN - News) is a Toronto, Ontario, Canada based company, developing the Aguas Tenidas deposit located in the Iberian Pyrite Belt in southwestern Spain. Aguas Tenidas is a polymetallic VMS deposit with a resource of approximately 20 million tonnes of Cu-Zn-Pb mineralization. The mine, which operated between 1999 and 2001, is under construction with a new operating plan. Production is expected to begin in 2008. Iberian Minerals' intention in this drill program is to substantially expand the current reserve and resource figures for Aguas Tenidas.
About Cabo Drilling Corp.
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 Canadian divisions in Surrey, British Columbia; Montreal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Sonora, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; and Cabo Drilling Spain S.L. of Sevilla, Spain. 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
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Heute bei 0,56 geschlossen.
Sollten hier die 0,6 nachhaltig genommen werden, startet sie so was von durch!
http://chart.finance.yahoo.com/c/2y/c/cbe.v
[Blockierte Grafik: http://chart.finance.yahoo.com/c/2y/c/cbe.v]
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Na es geht doch, endlich in der Gewinnzone.........
die loans sind aber auch noch da.Den Drillern geht es guuut...
nach Energold und Atlas Faulsett (Atlas Mining) nun Cabo.....
Die meiste Fantasie hat cabo, weil die Bude einfach spottbillig ist...
Aber Energold ist auch nicht ohne....TABELLEN besser mit link!
http://biz.yahoo.com/ccn/070530/200705300394069001.html?.v=1Cabo Announces 3rd Quarter Fiscal 2007 Results
Wednesday May 30, 5:54 pm ETNORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 30, 2007) - Cabo Drilling Corp. ("Cabo" or the "Company") (TSX VENTURE:CBE - News) today reports results for its fiscal year 2007 third quarter ended March 31.
3rd QUARTER HIGHLIGHTS
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(CDN $000s, except earnings per 3 months 3 months 9 months 9 months
share) ending ending ending ending
Mar 31-07 Mar 31-06 Mar 31-07 Mar 31-06
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Revenue 8,896 5,998 26,766 21,228
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Net Earnings (Loss) Before Interest,
Taxes, Amortization, Stock Based
Compensation and Other Items
(EBITDA) 644 (409) 2,525 523
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Net Earnings (Loss) After Taxes 131 (2,207) 764 (1,980)
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Earnings (Loss) per Share ($) Basic
Before Interest, Taxes, Amortization,
Stock-based Compensation and Other
Items (EBITDA) 0.02 (0.01) 0.06 0.02
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Earnings (Loss) per Share ($) Basic 0.00 (0.07) 0.02 (0.06)
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Cash from Operations(1) 505 (424) 1,777 252
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Gross Margin % 22.4% 19.1% 23.8% 20.1%
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Working Capital 3,661 4,556 3,661 4,556
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(1) before changes in non-cash working capital itemsThe Company reports:
- Third quarter revenue of $8.9 million in the 3rd quarter of FY2007, a 48.3% increase over revenue of $6.0 million in the 3rd quarter of FY2006.
- Net 3rd quarter FY2007 earnings before interest, taxes, amortization, stock based compensation and other items of $643,845 compared to a 3rd quarter FY2006 loss before interest, tax, amortization, stock based compensation and other items of $408,854.
- Net earnings after taxes for the 3rd quarter, FY2007 of $130,793 compared to a 3rd quarter, FY2006 loss after taxes of $2,206,866, resulting in 3rd quarter, FY2007 net earnings after taxes of $0.00 per share compared to 3rd quarter, FY2006 loss of $0.07 per share.
- Gross margin percentage for the 3rd quarter, FY2007 was 22.4% compared with a gross margin of 19.1% in the 3rd quarter, FY2006.
- Cash from operations, before changes in non-cash working capital items, was $504,883 for the 3rd quarter FY2007 compared to 3rd quarter FY2006 cash deficit from operations of $424,286.
- A current asset balance of $ 13.06 million and working capital of $3.66 million.
- Total assets of $24.51 million and total liabilities of $11.42 million including deposits of $1.83 million, reported as unearned revenue.
"Cabo's record revenue growth continued with a 48% increase in revenues, from $5.99 million in the third quarter of fiscal 2006 to $8.89 million in the third quarter of fiscal 2007, and a 26.1% increase from $21.23 million for the nine months ending March 31, 2006 to $26.77 million for the nine months ending March 31, 2007," said Mr. John A. Versfelt, Chairman, President & CEO of Cabo Drilling Corp. "Revenue from surface drilling increased to $16.76 million in the first nine months of fiscal 2007 from $13.03 million in the first nine months of fiscal 2006, a 28% increase, most of which was experienced in the Advanced Drilling and Petro Drilling Company divisions due to increased business in the BC/Yukon and Newfoundland sectors. Additionally, the Company has expanded operations into Mexico where it recorded revenues of $902,441 during the first nine months of fiscal 2007."
"The gross margin for the third quarter of fiscal 2007 was 22.4%, compared to 19.1% in the third quarter of fiscal 2006 and 25.8% in the second quarter of fiscal 2007," stated Mr. Versfelt. "Gross margins have improved year over year primarily due to better revenues per contract and improved cost control. The gross margin decreased marginally during the third quarter of fiscal 2007 compared to the second quarter of fiscal 2007, as a result of expected third quarter higher than normal maintenance and after-the-holiday season start up costs."
"General and administrative expenses increased to $3.87 million compared to $3.84 million for the comparable period last year. Higher travel and investor relations costs, as well as costs incurred in establishing the subsidiaries in Spain and Panama prevented the Company from reducing its G&A expenses," said Mr. Versfelt. "However, considering that the Company's gross revenue for the nine-months in fiscal 2007 improved by approximately $5.54 million compared to fiscal 2006, maintaining G&A expenses at levels comparable to the same period in fiscal 2006 demonstrates that our people are achieving cost central results. As a percentage of gross revenue, G&A expenses have decreased to 14.5% from 18.1% for the nine months fiscal 2006."
"The Company reported a pre-tax income of $1.27 million for the nine months ending March 31, 2007, compared to a pre-tax loss of $1.98 million for the same period in fiscal 2006. In 2006, we experienced write-downs of the resource properties and non-recurring charges whereas in 2007 there were no write-downs. In addition, all of our divisions are experiencing improved performance in operations during fiscal 2007," said Mr. Versfelt. "The net income after tax for the nine months ending March 31, 2007 increased from a $1.98 million loss in fiscal 2006 to $764,293 in fiscal 2007."
"The third quarter is typically weaker due to Company shut downs and start-ups and weather related issues. This year, mostly due to increased demand, the effect of these factors were reduced," said Mr. Versfelt. "While our 3rd quarter revenues remain lower than our revenues from our 1st and 4th quarters, strategies put into place have assisted in improving our overall revenues and bottom line. We will continue to work to maximize our potential during our 2nd and 3rd quarters in the years ahead."
"It is worthwhile to note that over the past nine months, after selling the mineral resource properties to IMMC and redistributing (or placing in trust) the 10,000,000 IMMC units, the Company's assets have increased by approximately $5.79 million compared to the year ended June 30, 2006, while the Company's liabilities, adjusted for unearned revenue (deposits received), have only increased $0.867 million in the same period," stated Mr. Versfelt. "Cabo is building its asset base without mortgaging its future."
"The drilling service industry continued to see a strong demand for its services. This demand should remain positive as the supply-demand fundamentals continue to drive the price higher for precious, base, industrial and strategic metals. Given the favourable market conditions the Company continues to expand its market areas," said Mr. Versfelt. "During the 3rd quarter of 2007 the Company expended capital on the purchase of three new drills; one for its expansion into Panama and two for its recently announced expansion into Spain. With the addition of these rigs, and our continued market expansion, the Company's positive growth is expected to continue into the fourth quarter, traditionally our busiest quarter."
Results of Operations - Three months ended March 31, 2007
In the third quarter of fiscal 2007, contract core drilling services represented 97% of revenues and geotechnical drilling services represented 3%. Third quarter revenues increased 48% from $6.00 million in fiscal 2006 to $8.90 million in fiscal 2007. Surface drilling revenue increased $2.21 million to $5.45 million in the third quarter of fiscal 2007 from $ 3.24 million in the second quarter of fiscal 2006 and underground drilling revenue increased 26% or $656,091 to $3.15 million in the second quarter of fiscal 2007 compared to $2.50 million in the same period in fiscal 2006. Geotechnical drilling increased marginally in the third quarter of fiscal 2007 to $289,370 or 12% compared to $258,378 in the second quarter of fiscal 2007. Included in the surface revenue is $199,919 of revenues earned from the Company's Mexico operations.
The gross margin for the third quarter of fiscal 2007 was 22.4%, compared to 19.1% in the third quarter of fiscal 2006 and 25.8% in the second quarter of fiscal 2007. Gross margins improved year over year primarily due to better revenues per contract and improved cost control. The gross margin decreased marginally during the third quarter of fiscal 2007 compared to the second quarter of fiscal 2007, as a result of expected third quarter higher than normal maintenance and after-the-holiday season start up costs.
The Company recorded EBITDA (earnings before interest, tax, amortization, stock-based compensation and other items) of $643,845 in the third quarter of fiscal 2007, a substantial increase from a loss of $408,854 EBITDA for the third quarter of fiscal of 2006.
General and administrative ("G&A") costs were $1.36 million in the third quarter of fiscal 2007 compared to $1.24 million in the second quarter of fiscal 2007 and to $1.61 million in the third quarter of fiscal 2006. During the third quarter of fiscal 2007, the Company incurred higher administration, legal and travel costs to establish new subsidiaries in Spain and Panama. G&A costs decreased $249,717 in the third quarter of fiscal 2007 compared to $1.61 million in the third quarter of fiscal 2006, largely due to non-recurring charges incurred in the third quarter of fiscal 2006 and improved cost controls.
Amortization expense increased $115,367 from $273,833 in the third quarter of fiscal 2006 to $389,200 in the third quarter fiscal 2007. As the Company increases its property, plant and equipment, amortization expenses will increase as well.
The Company recorded an after tax income of $130,793 in the third quarter of fiscal 2007 compared to $210,947 earned in the second quarter of fiscal and a loss of $2.21 million in the third quarter of fiscal 2006.
The Company's current cash (marketable securities and cash equivalents) position at March 31, 2007, is $1.03 million compared to $1.92 million at December 31, 2006. The decrease in cash is primarily due to acquisition of capital assets in preparation for the summer drilling season. The Company closed brokered and non-brokered private placements in January 2007 for net proceeds of $416,850.
Cash flow from operations (before changes in non-cash operating working capital items) was $504,883 in the third quarter of fiscal 2007 compared to an operating deficit of $424,286 in the third quarter of 2006, largely due to improved operations during fiscal 2007.
Working capital increased by $334,670 from $3.33 million at June 30, 2006 to $3.66 million at March 31, 2007. Funds received from the private placements were offset by capital assets purchased with cash.
Interest expense on short and long-term debt increased to $42,924 in the third quarter of fiscal 2007 from $32,888 in the third quarter of fiscal 2006, and decreased from $53,606 in the second quarter of fiscal 2007. Interest costs during the quarter were reduced through improved usage of the operating line and cash flow. The third quarter of fiscal 2006 interest costs resulted from the demand and operating loans from HSBC and capital leases for new drilling equipment.
In January 2007, the Company closed on brokered private placements for 1,195,000 units and non-brokered placements of 220,000 units at $0.375 per unit for the gross proceeds of $530,625. Each unit consisted of one common share of the Company and one warrant, each warrant entitles 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 that if the closing price of Cabo's shares is $0.60 per share or greater for twenty consecutive trading days following the four month hold period, Cabo may, upon notice to the warrant holders, reduce the exercise period to twenty days from the date of the notice. The Company paid broker fees totaling $31,275 and 76,000 in shares of the Company at a deemed value of $22,406.
Results of Operations - Nine Months Ended March 31, 2007
Revenues for the nine-month period ending March 31, 2007 increased 22% to $26.77 million from $21.23 million for the corresponding period last year. Advanced Drilling and Petro Drilling recorded significant growth in revenues while Heath & Sherwood revenues remained constant during the nine-month period ending March 31, 2007, compared to the nine-month period ending March 31, 2006.
Gross margins for the nine-month period ended March 31, 2007 were 23.8% compared to 20.1% during the same period last year. Gross margin improvements were maintained throughout the third quarter for a nine-month total ending March 31, 2007 to $6.37 million compared to $4.26 million earned in the first nine months of fiscal 2006. This represents a 49.6% improvement in the gross margin dollars and an 18.4% improvement in gross margin percentage.
The Company recorded EBITDA (earnings before interest, tax, amortization, stock-based compensation and other items such as write-downs of the resource properties, software costs and goodwill) of $2.53 million in the first nine months of fiscal 2007, a substantial increase from $523,019 EBITDA for the first nine months of fiscal 2006.
General and administrative expenses increased to $3.87 million compared to $3.84 million the same period last year. Higher travel and investor relations costs, as well as costs incurred in establishing the subsidiaries in Spain and Panama prevented the Company from reducing its G&A expenses.
Amortization expense increased to $1.04 million for the nine months ending March 31, 2007 compared to $819,894 for the same period last year. As the Company adds to its property, plant and equipment base, amortization expenses increase as well.
Net earnings for the nine-month period were up substantially to $764,293 compared to a net loss of $1,980,255 in the same period last year. Increased earnings are a direct result of increased drilling service activity and better cost controls during fiscal 2007. In addition, the Company wrote down the mineral properties assets in the comparable period fiscal 2006.
Cabo continues to position itself regionally, nationally and internationally 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 Canadian divisions in Surrey, British Columbia; Montreal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Sonora, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; and Cabo Drilling Spain S.L. of Sevilla, Spain. 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) or by contacting the below.
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Hallo bobelle,
ne,keine Ahnung, ist aber auch nicht soo wichtig.
4 grundfirmen, dazu kommt noch die Mexico und die Spanien Abteilung.Die kaufen sich auch einfach Teams mit rigs, wenn sie einen Auftrag haben.
Lies dir mal den Energold thread durch.
Da bleibt entschieden mehr hängen.Ich nehm ja an, dass sie herausgekauft werden (wollen?) und sich dann Versfelt der IMI.V widmet.
Cabo enstand ja, weil sie keine geeignete Drillingfirma fanden, da haben sie eine übernommen.
Zum Schluss waren es 4, aber die hatten halt schon Verträge....Obwohl ich mich seit Anfang 04 mit denen auseinandersetz, weiß ich letztlich herzlich wenig....
Grüße
TschonkoPS:
das ist vielleicht auch hilfreich
http://www.cabo.ca/index.php?o…task=view&id=24&Itemid=35
Spottbillig!Sie haben auch interessanterweise wirklich gute options Preise ausverhandelt.
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Danke Tschonko! Werd mich mal an die Recherche setzen und hier posten, wenn ich näheres weiss.
Grüße
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Cabo to Drill 17,000 Metres on Sherwood Copper Corp Minto Project in Yukon
Thursday June 7, 9:00 am ETNORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 7, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that Sherwood Copper Corp. of Vancouver, British Columbia, has awarded Cabo's Pacific division a contract for approximately 17,000 metres of NQ-2 and HQ core drilling on Sherwood's Minto project northwest of Carmacks, Yukon. This will be Cabo's second contract with Sherwood Copper following the successful completion of a similar sized program on the Minto project last year. The Minto Mine project is a high-grade copper-gold deposit located in Yukon, Canada. Sherwood Copper reports development of the mine is now more than 90 percent complete and is on target to commence production by the end of second quarter of 2007.
Drilling has already commenced on the Minto Mine property. Cabo is utilizing two hydraulic longstroke drill rigs to carry out this project. The purpose of the program is to define and expand the Minto project reserve base. It is anticipated the program will run until September 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 Canadian divisions in Surrey, British Columbia; Montréal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Sonora, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; and Cabo Drilling Spain S.L. of Sevilla, Spain. 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).
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Und wieder ein Drillingvertrag!
Und jedes mal denk ich mir, warum verdienen die nicht mehr......!
Im übrigen: die companies, für die gedrillt wird, lohnt es sich auch anzuschauen.
(Vielleicht nicht hier im speziellen Fall! :D)Cabo to Drill for Armistice Resources Corp.
Monday June 11, 9:06 am ETNORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 11, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that Armistice Resources Corp. has awarded Cabo's Ontario division, Cabo Drilling (Ontario) Corp., (formerly Heath & Sherwood Drilling Inc.), a contract to drill the first 10,000 feet of a significant exploration program Armistice has planned for this year.
Armistice President and CEO, Todd J. Morgan stated, "We are pleased to be working with a local company that has a solid reputation like Heath and Sherwood Drilling."
About Armistice Resources Corp. (TSX:AZ - News)
Armistice Resources Corp. is a Canadian exploration company that owns an advanced exploration underground gold project in North-eastern Ontario located on the prolific Larder lake break. The McGarry project consists of 34 contiguous patented mining claims and licenses of occupation totaling 484 hectares which adjoins the former producing Kerr Addison gold mine which produced in excess of 11 million ounces of gold. The project has been dewatered and the mining contractor is completing rehabilitation work at the site.
About Cabo Drilling Corp.
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 Canadian divisions in Surrey, British Columbia; Montreal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Sonora, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; and Cabo Drilling Spain S.L. of Sevilla, Spain. The Company's common shares trade on the TSX Venture Exchange under the symbol: CBE.
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Tschonko, ich mache auch gerade meinen drill mit ironischerweise - 66.6 % im minus bei IMA.
keep smiling.... :]....Grosso hat nun genug Druck, wer weiss vielleicht ist er schon mit dem Cash abgereist.
Unter welchen Konzept weiss ich auch nicht, wenn die nicht bald eines haben wie es weiter geht und mit einer Bilanz am Tisch springen die letzten auch ab.
Jetzt kann man nur hoffen es gibt ein kleines Wunder, der Joseph betet wahrscheinlich schon zu Madonna. :D...weil er mir nicht antwortet.
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@eldo,
ich bin ziemlich plan mit der Cabo.
Dafür gratis IMI.V dazu.
Was mir nicht einleuchtet, ist, dass sie nicht mehr verdienen.
positiv sind sie ja schon, aber derf´s a bissal mehra sei....IMA: Ausstiegsszenario war noch 2 Tage vorher. Du hast da eigentlich wie ein winner gehandelt.
Nicht auf Null stellen, sondern den möglichen hohen Gewinn anpeilen.
Diesmal verloren, hast aber mit der Strategie auch schon öfters gewonnen.
Der kelch ist an mir vorbeigegangen, schon vor über einem Jahr komplett raus.
Sieh Ima Thread.Einzig Sinnvolle wäre für IMA ein Merger, vielleicht sogar mit der abgespaltenen Company, golden arrow heißt die, glaub ich.
Jetzt kann man fast nur mehr gewinnen.
Hat dir der Grosso noch immer nicht zurückgeschrieben?
Noch mal schicken, leicht verärgert, und dann, make a call und quetsch ihn aus.Grüße
Tschonko -
"es gibt ein kleines Wunder, der Joseph betet wahrscheinlich schon zu Madonna"
Manchmal glaubt man versehentlich in das Intranet der Bodelschwingh´ schen Anstalten eingedrungen zu sein.
Seit es hier mehr Unterforen als Postings gibt, ist es mit dem gelockerten Vollzug vorbei.
Dabei schreit IMA in der Tat geradezu nach einem merger.
Aber nicht mit Goldpfeil sondern mit AQI.
CABO ist auf der Reise zum Inneren der Erde.
Doch die Tochter IMI ist eine Mutation,
weil ohne psychiatrischen Befund.
Gut das Gogh jeden morgen die Kaltwassertherapie bekommt. -
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Weißt Du eigentlich wie viele Drillsrigs die im Bestand haben? Frage mich das wegen den Wachstumsaussichten. Personal könnte auch zum Problem werden oder verleihen die ohne Crew?