Meinst Du unsere Cabo wird auch mal so groß? Steckt ja noch im Kindergarten, wenn man sieht was andere Driller so verdienen (hier Major Drilling Group International Inc. MDI.TO). Zum Vergleich die Gross margin vom letzten Quartal: Cabo 22,4 % - MDI 33,7 %. Aber die Kursentwicklung von Cabo seit April zeigt ja schon Mal in die richtige Richtung.
Grüße
Major Drilling Reports New Records - Revenues up 45% and Earnings from Continuing Operations up 90% Link
Kursziel 1 CAD$, vom April 2007 Link Cabo ist Kunde von Loeb und zahlt für das Research, schmälert aber den Informationsgewinn keinesfalls. Das Cabo günstig ist, wußten wir auch vorher! 
Auszug:
We believe that following the spin off of the exploration assets, Cabo will become recognised as a pure drilling play where estimates of forward P/E and other measures can be meaningfully applied. It is now seeing an increase in gross margin as well as significant organic growth and should report maiden taxable profits this financial year. In the following year ending 30th June 2008 we are setting a target post-tax profit of C$3m and a target share price of C$1.00. Cabo is exposed to the commodities and mineral exploration cycle, but should now take on the characteristics of a business rather than an exploration venture. The share is a BUY for commodities cycle bulls who are looking for medium term capital appreciation without the risk profile of exploration.
Eine wahre Fundgrube der Bericht, hier die Antwort auf die Drillrig-Frage:
Cabo has four established divisions, all operating out of Canada with a total of approximately one hundred drill rigs that operate in Canada.
zum Problem qualifiziertes Personal:
Cabo is currently running at a relatively low rig utilisation rate of 45-50%, constrained by lack of staff with suitable experience. The staff issue will be one common to all drilling companies, and is being addressed on a group wide basis with the initiation of new training schemes from the school leaver upwards. The drill rig utilisation rate could do with improvement, but to a certain extent reflects a potential opportunity as much as a problem since the under-utilised rigs are essentially assets bought and paid for in the hands of a company with relatively low debt. Full capacity would be represented by a utilisation rate of 65-70% (considered to be close to full utilisation when one factors in maintenance / overhauling of rigs, rig moving between projects and rigs held for specialized projects).
Grüße
@bobelle,
danke für die Studie.
Einen Fehler hab ich gefunden. Jahres High war nicht 0,67 sondern 0,56. 
Und da ging es heut durch wie Butter. Wär schön, das zu halten. Zumindest die 0,6.
War der 2. Anlauf. Irgendwie glaub ich noch nicht so recht dran.
Aber 1C$, das kann ich mir auch gut vorstellen!
Das Bild, wo die Liste der "bedrillten" Companies drauf ist, ist auch zu beachten! /das 2. von Bobelle angehängte)
Das gefällt mir auch gut, alle aus dem Geld:
Number ......Strike Price...........Expiry
598,000.......... $0.75................ June 17, 2007
995,000...........$0.80.................October 18, 2007
50,000.............$0.80.................October 18, 2009
235,000............$0.80................May 18, 2008
275,000.........$0.50 - $1.00......January 22, 2009
100,000.........$0.50 - $1.00......October 1, 2009
175,000...........$0.80.................January 22, 2011
Grüße
Tschonko
So, das war nicht schlecht,
die O,61 haben gehalten. Zumindest heute.
Bei Cabo gibt es aber noch zwei sachen, die nicht im Bericht stehen, bzw., eine der beiden steht im Bericht, ist aber nicht gesondert darauf hingewiesen, was für ein Potential da drinnen steckt.
1. Die Übernahmefantasie
2. "Management is conscious of Cabo’s reliance on mineral exploration drilling, and is actively expanding revenues from the geotechnical and civil engineering sectors. The opening of an office in Panama which will seek engineering drilling contracts associated with the Panama Canal expansion is an example of this strategy."
Der fett hervorgehobene Satz birgt einiges und Cabo hat da nicht schlechte Chancen, zumindest einen Teilauftrag zu kriegen.
Muss ich noch mal wiederholen: Hört nicht auf mich, ich bin fett in Cabo drinnen!
Grüße
Tschonko
Auch die anderen Driller wie Energold und Atlas mining (heute ATH) laufen ausgezeichnet.
Depot fällt nicht in diesen Zeiten, weil die Driller ausgleichen.
Noch ein Driller, den ich nicht habe, ist die timberline aus Idaho.
Viel zu tun in den nächsten Jahren!
Cabo ist zur Zeit auf dem Schnitt, wo es hingeht.
Wenn man sich die stock options ansieht, scheinen die optimistisch zu sein.
PP Preise bei CBE waren immer ambitioniert.
Wieder ein drilling vertrag, aber der von Spider (UC.V Partner, siehe Meldung bei silver companies) wurde immer noch nicht erwähnt.
Cabo to Drill 5,000 Metres for Diamonds North Resources and Announces Stock Option Amendments
Friday June 15, 6:24 pm ET
NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 15, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that its Ontario division has been awarded a drilling contract by Diamonds North Resources Ltd. The awarded contract consists of 5,000 metres of BTW core drilling at Diamonds North's Amaruk Project in Nunavut.
The drilling equipment will be mobilized in the middle of June with drilling to commence shortly thereafter. The Company will be utilizing a JKS Super 300 fly drill. In response to the recently released high diamond counts from the Char and Qavvik kimberlites, Diamonds North plans to collect larger bulk samples, approximately 6 to 10 tonnes, from each of these kimberlites. The objective of the bulk samples is to obtain a representative diamond size distribution for the Char and Qavvik kimberlites to assess their economic potential.
About Diamonds North Resources Ltd. (TSX-V:DDN - News)
Diamonds North is the dominant explorer in the Pelly Bay region and is focused on discovering Canada's next diamond mine. Diamonds North is well-financed with over $14 million in cash and marketable securities. The Company is rapidly evolving and committed to building long-term value through ongoing diamond discoveries.
Stock Options
Cabo also announces stock option changes. At March 31, 2007, the number of stock options granted totaled 2,428,000 shares. However, as a result of stock options expiring or terminating, this number is reduced to 1,906,500 shares to date, with a further 387,500 expiring mid-June, 2007. Upon review of all stock options for approximately 300 employees, the Company's directors have approved, subject to TSX Venture Exchange acceptance:
1. 325,000 stock options granted on or prior to January 2007 shall remain unchanged and exercisable at $0.50/$0.75/$1.00 per share, with 1/3 of such options being exercisable at each such price per share;
2. 225,000 stock options previously granted to independent directors at $0.80 per share and exercisable to October, 2011 shall be re-priced to $0.65/$0.75/$0.85 per share, with 1/3 of such options being exercisable at each such price per share;
3. 150,000 new stock options shall be granted to new independent directors at exercise prices of $0.65/$0.75/$0.85 per share, with 1/3 of such options being exercisable at each such price per share. These options shall be exercisable for a period of four years;
4. 387,500 stock options, exercisable at $0.75 per share and previously granted to employees in 2002 expiring mid-June, 2007, shall be replaced in full at $0.65/$0.75/$0.85 per share, with 1/3 of such options being exercisable at each such price per share. These options shall be exercisable for a period of three years;
5. 730,000 stock options granted to employees at $0.80 per share and exercisable to October, 2007 shall be re-priced to $0.65/$0.75/$0.85 per share, with 1/3 of such options being exercisable at each such price per share. These options shall be exercisable to October, 2009;
6. 259,000 stock options granted to employees at $0.80 per share and exercisable to October, 2007 shall be re-priced to $0.75 per share and shall be exercisable to October, 2009;
7. 605,000 new stock options shall be granted to new and existing employees at an exercise price of $0.65/$0.75/$0.85 per share, with 1/3 of such options being exercisable at each such price per share. The options shall be exercisable for a period of three years.
The total stock options granted after the changes set out above, upon Exchange acceptance of these changes, shall be 2,679,500 for a net change from the stock options reported at March 31, 2007 of 251,500.
About Cabo Drilling Corp. (TSX VENTURE:CBE - News)
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).
ZitatAlles anzeigenOriginal von Tschonko am 6.2.2007
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
Tschonko
Schischi, das mit dem Wein hat sich mittlerweile erledigt.
Bei 0,76 hätt ma 100%. 0,75 hatten wir heute schon. Jetzt 0,7.
Muss ich dann halt selber trinken!
Grüße
Tschonko
(ich hab noch immer volle Kanne Cabo!)
Glaubt ihr das man Cabo jetzt noch kaufen kann oder soll und wohn könnte die Reise gehen ?
lass ihn dir schmecken tschonko! ja leider, bin auch zu früh raus 
mit leider nur ca. 20% gewinn.
übrigens bin dafür in Exmin, RCT und arafura stark drin... schau ma mol.
salazar hab ich auch vor kurzem gekauft. und x-cal hab ich auch noch...
Schischi,
werd auf diech anstoßen.
Da warst zu schnell. Kein Vertrauen zu mir!
Wenn i scho amal wett ohne Gegengewichtl, bin ich mir schon ziemlich sicher.
Hab gestern mal gut 20% verkauft.
Hab aber immer noch das meiste eigene Geld in Cabo.
Und da die Driller nur steigen, ergibt sich schon eine starke Übergewichtung.
Hab so eine mittlere Position verkauft, war so 45% Gewinn. Steuerfrei.
Grüße
Tschonko
PS: Kann nur die Studie noch mal empfehlen! (siehe diese Seite! - Bobelle!")
Schischi,
übrigens EXM wird ein Winner.....und zwar noch heuer.
Mexico Abteilung mit Drillvertrag: Bei Silvercrest.
Die sind auch interessant....
Cabo Mexico to Drill 4,000 Meters for Silvercrest Mines in Northern Mexico
Thursday July 5, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 5, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that SilverCrest Mines Inc. has awarded Cabo's Mexico division a contract to drill 4,000 meters of core at its Santa Elena Project in northern Mexico.
The Santa Elena Project is located approximately 150 kilometers northeast of Hermosillo, Sonora, Mexico and is easily accessible with excellent local infrastructure. The Company is undertaking SilverCrest's Phase II drill program comprised of approximately 40 holes totaling 4,000 meters. Goals of the program include expanding the current resource estimate to the east and to depth, testing the near-surface footwall silver zone, re-classifying much of the "inferred resource" into "measured" and "indicated" resource categories and completing condemnation drilling for proposed operating facilities.
About SilverCrest Mines Inc.
SilverCrest Mines Inc. is a "Silver Focused" exploration and development company with a portfolio of high-grade silver deposits and exploration properties located in Mexico and El Salvador. This property portfolio, which includes reported indicated and inferred silver resources and substantial exploration potential, provides an important base from which SilverCrest can develop its corporate objective of becoming a significant silver asset based company. The Company's immediate initiative is to acquire and develop substantial silver resources and ultimately to operate high-grade silver mines throughout North, Central and South America.
About Cabo Drilling Corp. (TSX VENTURE:CBE - News)
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).
Eher unwichtig!
Cabo Engages Investor Relations Service Providers in Europe and Implements Name Changes
http://biz.yahoo.com/ccn/070706/200707060400983001.html?.v=1
Locker durch das 52 Wochen High. Umsatz ok.
Bin mir nun ziemlich sicher, dass 1C$ heuer noch fällt.
Da freu ich mich schon, wenn ich meine Erstposition aus 04 zu 1,05 glattstellen kann. Von der Menge her sind das nicht einmal 10% der shares.
Nur krieg ich mit Energold und Almi schon eine eklatante Übergewixhtung an Drillern.
Aba, waun´s laaft, daun laaft´s.....
Grüße
Tschonko
...des G´wicht stemmst doch locker ...
...und gern...
...und dann trainier schon fürs doppelte...
...Grüsse
...emoba
Hallo emoba,
ist einfach unausgewogen, wenn die Driller fast 25% des Depots ausmachen.
Cabo hat es noch nicht gemeldet.
Es gibt einen sehr interessanten Drillingauftrag.
Wobei mal wiederum die Firma (CYP.V), wo gebohrt wird ,äußerst interessant ist.
Bitte die Mappe (link!) anschauen!
Nicht umsonst ist hier Goldcorp beteiligt.......
Sind auch in Nevada gut vertreten.
Einfach mal diese Seite lesen!
http://www.cypressdevelopmentcorp.com/s/Home.asp
Cabo entwickelt sich, das hast du gut gesehen....
Grüße
Tschonko
Cypress Development Corp.: Deep Penetrating Diamond Drill Rig Contracted for Broulan Reef Gold Project, Red Lake Ontario
Monday July 9, 9:00 am ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 9, 2007) - Cypress Development Corp. (TSX VENTURE:CYP - News; the "Company") announces that has made good progress in acquiring a deep penetrating diamond drill rig for its Broulan Reef gold project in Red Lake, Northwestern Ontario. Cabo Drilling (Heath and Sherwood) has been contracted to supply a rig capable of drilling to depths of 2400 - 2600 metres in length.
Broulan Reef Red Lake Location Map: http://www.cypressdevelopmentc…Kenzie-Island-New-Map.jpg
The term of the contract is for a period of 1 year as a starting point. The Company anticipates the rig being mobilized to the Broulan Reef property in early to mid August. Cypress Development is prepared to spend approx. $2.5 million in diamond drilling over the next 12 months. This will include the establishment of a drill site on the east shore of the property. A deep hole will be drilled to the northwest corner of the Broulan Reef property at an angle of approx. 80 degrees. The geological theme here is to enter into the Balmer Assemblage as shallow as possible from the east side of the property and then continue drilling in the Balmer Assemblage of rocks to the northwest corner of the claim group.
Broulan Reef Deep Drill Hole Location Map: http://www.cypressdevelopmentc…roulan_reef_Drill_Map.jpg
Once a mother hole has been established to depth across the property, Cypress plans to initiate a series of wedge drill holes to properly explore the north half of the property from the same location. It is the Company's intention to drill a 2nd mother hole from the same general location on the east side of the property. This hole will be directed generally south southwest across the Broulan Reef property to properly explore the known major geological nose fold that exists on the Broulan Reef property. Cypress plans to initiate a series of wedge holes from this location as well.
The Balmer Assemblage is the known host rock for the ore that is being discovered by Cypress' neighbors, (Gold Eagle Mines, Goldcorp, & Premier Gold). The Balmer Assemblage is the known host environment for the gold that is produced in Red Lake by Goldcorp, perhaps the richest gold mine known in the world today. The same geological horizon, Balmer Assemblage, that is being seen in the Gold Eagle Mines drilling is known to exist on the Cypress Broulan Reef property.
The Company believes that every opportunity exists on the Broulan Reef claims to encounter the extension of the Gold Eagle Mines deposit now being discovered / delineated in the Bruce Channel. Gold Eagle Mines adjoins the Broulan Reef on our immediate north boundary. Gold Eagle continues to drill with 4 drill rigs just to the north of Cypress and with very impressive results released to date.
Goldcorp adjoins the Broulan Reef on our east boundary with their Wilmar property (approx. 10 million tons @ 5 grams Au). Goldcorp also has a new joint venture to the immediate east of the Broulan Reef with Premier Gold. (a new deposit estimated to contain approx. 750,000 ounce gold).
Goldcorp has recently invested in a private placement with Cypress Development in the amount of $2.6 million. Goldcorp, in essence, has acquired 4.8% of the outstanding shares of Cypress with an option to acquire another 4.8% via the exercise of $1.00 warrants attached to the private placement.
David J. Busch, B.A., B.Sc., PGeo., Vice President of Explorations, is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this News Release.
Cypress Development Corp. is a diversified precious and base metal exploration and development company with properties in Red Lake, Ontario, Canada, and in Nevada, U.S.A.
To find out more about Cypress Development Corp. (TSX VENTURE:CYP - News), visit our website at http://www.cypressdevelopmentcorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS
DONALD C. HUSTON, President
This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Contact:
Don Huston
Cypress Development Corp.
President
(604) 687-3376 or Toll Free: 1-800-567-8181
(604) 687-3119 (FAX)
Don Myers
Cypress Development Corp.
Director
(604) 687-3376 or Toll Free: 1-800-567-8181
(604) 687-3119 (FAX)
Email: info@cypressdevelopmentcorp.com
Website: http://www.cypressdevelopmentcorp.com
Noch ein Drillingvertrag:
Cabo Commences Drill Program on Little Deer Copper Deposit for Thundermin and Cornerstone
Wednesday July 11, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 11, 2007) - Cabo Drilling Corp.'s (TSX VENTURE:CBE - News; "Cabo" or the "Company") Atlantic subsidiary, Cabo Drilling (Atlantic) Corp., has been awarded a drill contract by Thundermin Resources Inc. (TSX:THR - News) and Cornerstone Resources Inc. (TSX VENTURE:CGP - News) collectively, the "Little Deer Joint Venture" (see Thundermin and Cornerstone's news releases dated May 1, June 21 and July 9, 2007). The contract consists of approximately 5,300 meters of diamond drilling in 8 to 9 holes. The drill rig has been mobilized to the Little Deer copper deposit, located approximately 10 km north of Springdale, in north-central Newfoundland.
The purpose of this phase one drill program is to confirm the continuity and grade of the copper mineralization intersected in the wide-spaced historical holes beneath the old mine workings and to expand these resources at depth and along strike.
About Cornerstone Resources Inc. (TSX VENTURE:CGB - News; http://www.cornerstoneresources.com)
Cornerstone Resources Inc. has a strong and dedicated technical team who are focused on generating new projects that have great potential for discovery. Cornerstone leverages its own exploration funding through joint venture and strategic partnerships, providing shareholders with potential for success at lower risk. Cornerstone has a diversified portfolio of gold, silver, copper, nickel, VMS, and uranium properties in Canada and Ecuador.
About Thundermin Resources Inc. (TSX:THR - News; http://www.thundermin.com)
Thundermin Resources Inc. is a Canadian-based mineral exploration company focused on the exploration for and discovery of economically viable gold and base metal deposits in Canada. Thundermin's corporate objective is to become a profitable, producing mining company in the years ahead.
About Cabo Drilling Corp. (TSX VENTURE:CBE - News)
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.
Cabo im Gespräch: Da wurde gestern ein Thread eröffnet.
So unter dem Motto. Cabo die 2. Energold?
Sehr unterhaltsam zu lesen.
Chronologisch von unten lesen kommt besser!!
http://www.smartinvestment.ca/…viewtopic.php?t=9153&sid=
Grüße
Tschonko
Das einzig Wichtige wurde auch angesprochen:
Die wirklich hohe grossmargin in Profit umwandeln. Weil der ist mager.
Ein Schritt in diese Richtung und das ist ein schneller Verdoppler!
Und noch was, was nicht angesprochen wurde:
EDG hat viel Cash, Cabo Schulden-
Drillingvertrag mit Paragon, das Gebiet steht unter Option von Crosshair!
Viel zum Bohren!
Cabo to Drill Up to 11,000 Meters for Paragon Minerals Corporation
Wednesday July 18, 9:02 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 18, 2007) - Cabo Drilling Corp.'s (TSX VENTURE:CBE - News; "Cabo" or the "Company") Atlantic division, Cabo Drilling (Atlantic) Corp., has entered into a contract with Paragon Minerals Corporation of Vancouver, British Columbia, to drill up to 11,000 meters on eight gold and base metal projects in central Newfoundland.
Drilling has commenced on Paragon's Golden Promise Project (a property under option to Crosshair Exploration & Mining). The drilling program will consist of 3,750-meters (23 holes) and will target the Jaclyn Main Zone (2,950 meters) and the Jaclyn North zone (800 meters). The planned drill program at the Jaclyn Main Zone will consist of infill and step-out drilling. The infill drilling is designed to test the grade continuity within the core of the vein system with the aim of building a National Instrument 43-101 compliant resource. The step-out drilling is aimed at further extending the mineralized zone. The Jaclyn North Zone, located approximately 200 meters north-northwest of the Jaclyn Main Zone, has seen limited drilling (six holes, 1,197 meters) with drill intercepts of 5.24 g/t gold over 1.7 meters (GP06-51). Drilling will consist of step-out drilling to test the continuity of the Jaclyn North Zone.
In addition to Paragon's Golden Promise Project, Cabo will drill three of Paragon's 100% owned base metal VMS projects (Lake Douglas, South Tally Pond and Harpoon projects) located in the highly prospective Victoria Lake volcanic belt in central Newfoundland and four of Paragon's 100% owned gold projects (JBP Linear, Appleton Linear, New World and Mt. Peyton) located in the Gander area, Newfoundland.
About Paragon Minerals Corporation
Paragon Minerals Corporation is a junior exploration company focused on the acquisition, exploration and development of mineral properties, specifically in the province of Newfoundland and Labrador. The company has a dedicated technical team and an impressive portfolio of gold and base metal projects that have excellent potential for mineral deposit discovery. Paragon also provides shareholders increased opportunity for exploration success on its properties through strategic partnerships with other senior and junior mining companies.
About Cabo Drilling Corp. (TSX VENTURE:CBE - News)
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).
Könnte sein, dass CBE noch vor 10.8. auf 1C$ ist....
Auf jeden Fall werden die warrants ausgeübt und das bringt so 4 Mille rein.
Cabo Gives Notice of Acceleration of Warrants' Expiry Time
Friday July 20, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 20, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") gives notice to all holders of warrants issued pursuant to the private placement (the "Warrants") announced November 23, 2006 and closed December 29, 2006 and January 9, 2007 (the "Private Placement") that the Expiry Time of the Warrants, for each Warrant Holder, is accelerated to 4:30 PM Pacific Standard Time, August 20, 2007, as to fifty percent (50%) of the Warrants, and to 4:30 PM Pacific Standard Time, October 31, 2007, as to the remaining fifty percent (50%) of the Warrants.
ADVERTISEMENT
Pursuant to the terms and conditions of the Warrants, the Exercise Period of the Warrants, as defined therein may be reduced, and the Expiry Time, also defined in the Warrants, may be changed, at the discretion of the Company, if the Current Market Price (defined in the Warrants) of the Company's shares is at least $0.60 per share for twenty (20) consecutive trading days, by the Company giving notice of the same to the Holders of the Warrants, provided such reduced Exercise Period expires not less than twenty (20) trading days from the date of such notice. Notice may be given by the Company disseminating a news release to such effect, this being such news release, filing such news release on SEDAR (completed July 20, 2007) and giving notice to any agent involved in selling Warrants to a Holder (done).
The Company's shares have traded and closed on the TSX Venture Exchange at $0.60 per share or higher for 26 consecutive trading days since June 13, 2007.
The total number of outstanding Warrants, exercisable at $0.50 per share, is 8,663,867. Provided that all Warrants are exercised the Company will receive $4,331,933. These funds will be used to reduce certain Company debts and for working capital.
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
Drillingvertrag, 15000 mt,
wieder bei einer interessanten Firma......
Cabo Awarded Deep Drilling Contract for Cypress Development's Broulan Reef Project
Monday July 23, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 23, 2007) - Cabo Drilling Corp.'s (TSX VENTURE:CBE - News; "Cabo" or the "Company") Ontario subsidiary, Cabo Drilling (Ontario) Corp., of Kirkland Lake, Ontario, has been awarded a contract by Cypress Development Corp. (TSX VENTURE:CYP - News) for 15,000 feet of NQ core drilling. The drilling will occur on Cypress' Broulan Reef gold project, in the Bruce Channel area, in Red Lake, Northwestern Ontario.
The Company will utilize a JKS Boyles BBS-75 diamond drill capable of drilling to depths of 2,400 meters. Cabo anticipates the rig being mobilized to the Broulan Reef property in September 2007.
The program will commence from a drill site established on the eastern boundary of the property. A deep "mother-hole" will be drilled at an approximate angle of 80 degrees, to the northwest corner of the Broulan Reef property. The geological target is the Balmer Assemblage of rocks and the mother-hole will enter the Balmer Assemblage at its shallowest point on the east side of the property and continue in the Balmer Assemblage of rocks to the northwest corner of the claim group.
Once the mother-hole has been established to depth across the property, Cabo will drill a series of holes wedged off the mother-hole to explore the north half of the property. Cypress intends to drill a 2nd mother-hole from the same general location on the east side of the property. This second hole will be directed generally south-southwest across the Broulan Reef property to explore the known major geological nose fold on the Broulan Reef property. Cypress plans a series of wedge holes from this 2nd location as well.
Cypress Development Corp. is a diversified precious and base metal exploration and development company based in Vancouver, British Columbia, with properties in Red Lake, Ontario, Canada, and in Nevada, U.S.A.
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
Drillingvertrag mit Fronteer, auch wieder eine interessante Co. (104 Mille Cash!)
Cabo to Drill 7,000 Meters for Fronteer Development Group Inc.
Monday July 30, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 30, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that Fronteer Development Group Inc. has awarded Cabo's Pacific division, Cabo Drilling (Pacific) Corp., a contract to drill 7,000 meters of NQ2 core at Fronteer Development Group's Wernecke Mountains Drill Project, 140 km north of Mayo, Yukon.
The Company will be working with Equity Engineering Ltd., while Fronteer remains as the operator of the project. Drilling commenced during the week of July 22, 2007, and will continue into the fall of 2007. Cabo Drilling (Pacific) Corp will utilize a fly configured Atlas Copco S-2 (B20) drill for the project.
About Fronteer Development Group Inc. (TSX:FRG - News; AMEX:FRG - News)
Fronteer is an exploration and development company with a track record of making big discoveries. Fronteer will have exposure to approximately C$42 million in exploration/development expenditures and 130,000 meters of drilling throughout 2007. Fronteer has approximately C$104 million in cash, no debt, and holds approximately a 46.8% interest in Aurora Energy Resources (TSX:AXU - News), a leading Canadian uranium company with a market value of approximately C$1.0 billion.
About Cabo Drilling Corp. (TSX VENTURE:CBE - News)
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
