Hallo,
was haltet Ihr von IMI.v
International Millennium Mining. IMI hat u.a. mit der Ausgliederung die Projekte von Cabo mit übernommen.
Haben breit gestreute Projekte in Kanada, Mexiko und USA. Die Mexiko Projekte werden im JV weiterentwickelt. Die anderen Projekte gefallen mir, ich denke die Aktie könnte Potential haben.
Geringe marktkapitalisierung von ca 5,3 Mio Euro, viele Projekte und gute Cashposition.
Habt ihr ne Meinung dazu?
VG
SILVERRULES
Hallo silverrules,
zu IMI gibt es einen eigenen Thread hier.
http://www.goldseiten-forum.de/thread.php?threadid=5338
Ich hab vor ein paar Tagen nachgekauft.
Letzte Woche gab es eine IPO von einer Drilling Firma in kanada.
Ein weiteres vergleichsobjekt zu Energold und Cabo.
Eigentlich kann man sie nicht vergleichen.
Empfehle stark, sich die IPO-Präsentation anzuschauen.
Sehr interessant auch, dass sie nach wasser bohren und in der Kundenliste sind fast nur Weltfirmen wie nestle und theolia etc.
Sie haben eine drillingfirma in Kanada übernommen.
FAR.TO – Foraco Drilling
IPO Ende 07/07
http://www.foraco.com/en/pdf/f_i_presentation.pdf
Grüße
Tschonko
Danke!
ich habe mir FGC.v mal angeschaut. die sind auch in der Exploration tätig und sehen fundamental sehr günstig aus.
http://www.firstgrowthcapital.ca/
haben gut gefülltes Auftragsbuch.
sind natürlich kleiner aber dafür m.M.nach auch mit mehr Chance.
VG
SilverRules
Wieder ein paar Meter...... 
Cabo to Drill 7,000 Meters for Richview Resources Inc.
Tuesday August 14, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 14, 2007) - Cabo Drilling Corp.'s (TSX VENTURE:CBE - News; "Cabo" or the "Company") Ontario division, Cabo Drilling (Ontario) Corp., has entered into a contract with Richview Resources Inc. (TSX:RVR - News) of Toronto, Ontario to drill 7,000 meters of NQ core on Richview's Thierry Mine property near Pickle Lake, Ontario.
Richview is undertaking the deep drilling program to confirm and validate dip strike continuity of known mineralization to the 3,000-foot level. Cabo will utilize a JKS Boyles BBS-56 diamond drill for the project.
About Richview Resources Inc. (TSX:RVR - News)
Richview is the sole owner of the past-producing Thierry Mine property in northwestern Ontario. The company is continuing exploration on gold joint venture projects at Pickle Lake (RVR 75%) and at Headway in the Red Lake camp (RVR 15%). Richview is a Canadian company committed to responsible development of natural resources while respecting local environment, community and social interests.
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
Jetzt bohren sie brav bei International Millenium,
wie hier chon vor einem jahr vermutet. geile konstruktion.
CABO to Drill 6,700 Meters for New Millennium Capital at Kemag Iron Ore Project in Quebec
Tuesday August 21, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 21, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that New Millennium Capital Corp. of Calgary, Alberta, has awarded Cabo's Ontario division a contract to drill 6,700 meters (NQ diameter core) on New Millennium's (TSX VENTURE:NML - News) 100% owned KeMag Iron Ore project near Lac Harris in Quebec.
ADVERTISEMENT
This is Cabo's second contract with New Millennium. The Company's first contract for 8,000 meters of BTW size core was completed in October 2006 on New Millennium's LabMag and KeMag Iron Ore Projects in the Provinces of Newfoundland & Labrador and Quebec respectively.
The Company has mobilized two, JKS Boyles BBS-25-A, diamond drills to complete the 80-hole program. New Millennium's goal for the program is to increase and upgrade existing Mineral Resources at KeMag. Drilling commenced near the end of July 2007.
About New Millennium Capital Corp. (TSX VENTURE:NML - News)
New Millennium holds a 100% interest in the KeMag Project (Quebec) and an 80% interest in the LabMag Project (Newfoundland & Labrador). Both properties are located within the Millennium Iron Range, the centre of which is located approximately 230 km north of Labrador City, NL and 40 km northwest of Schefferville, QC.
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.
Wieder Drillingauftrag!
Cabo Awarded 10,000 Meter Drill Contract by Rambler Metals and Mining
Monday September 10, 9:00 am ET
http://biz.yahoo.com/ccn/070910/200709100412100001.html?.v=1
Da dürfte sich heute wieder ein Größerer eingekauft haben.
Volumen weit über Durchschnitt bei 260 t.
Waren auch schön wieder auf die 0,5 zurückgekommen.
[Blockierte Grafik: http://http://chart.finance.yahoo.com/c/1y/c/cbe.v]
Mag nicht, dann halt als link
http://chart.finance.yahoo.com/c/1y/c/cbe.v
Heute wieder viel mehr Umsatz als normal.
Kommt in die Betriebstemperatur.
Zahlen in ca einem Monat. Und wenn die diesmal nicht gut sind, dann liegt´s definitiv am Management. Der Umsatz war ja zuletzt schon hervorragend und die Aufträge stimmen auch.
Und gegen Börsenschluss mit Miniumsatz wieder runter.....
grüße
tschonko
Ich bin auch erfreut über die Umsatzbelebung. Halte weiterhin alle meine Stücke und bin gespannt, ob sich Cabo mit den nächsten Zahlen endlich selbst belohnt. Ansonsten votiere ich mit Dir für ein Managementwechsel. Hamma denn mehr als 50% zusammen ?;)
Zum handelsschluss wie vorausgesagt der allabendliche Schwächeplumps...
Grüße
Neuer Drill.....
Cabo Drill Contract Doubled to 14,000 Meters by Richview Resources-Second Drill Moves to Thierry Mine Property
Monday October 1, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that its Ontario division has been awarded a second 7,000-meter drill contract by Richview Resources Inc. of Toronto, Ontario, increasing Cabo's NQ core drilling at Richview's Thierry Mine property near Pickle Lake, Ontario, to 14,000 meters. The Company announced its first 7,000-meter contract by news release August 14, 2007 (also see Richview's news release dated September 12, 2007).
The Company is currently running a JKS Boyles BBS-56 diamond drill on the project and has added a JKS Boyles BBS-37, unitized diamond drill. The second drill was mobilized to the property to assist with the completion of Richview's 14,000-meter drill program at an accelerated rate. Richview has fully upgraded its field facilities and is able, with independent power generation, all weather access roads and upgraded equipment, to operate uninterrupted through the winter for year-round exploration and development of the Thierry Mine property. These upgrades also facilitate the continuation of the drill program through the Fall and Winter months.
Richview is drilling beneath the previously mined workings level of 1,600 feet to determine the depth and extent of the inferred resource mineralization and is exploring areas extending from its original 2,500-foot strike zone.
About Richview Resources Inc.
Richview is the sole owner of the past-producing Thierry Mine property in northwestern Ontario. The company is continuing exploration on gold joint venture projects at Pickle Lake (RVR 75%) and at Headway in the Red Lake camp (RVR 15%). Richview is a Canadian company committed to responsible development of natural resources while respecting local environment, community and social interests.
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
Da kauft sich wer sukzessive ein........
Ich wiederhole mich, Cabo goes Energold vom Anfang Nov. 06....
T.
Cabo über 0,7.
Wenn da nicht der teufel im Detail steckt, dann liefern die ein super ergebnis.
2-3 Mille plus. Dann sehen wir den $.
Da hat ja schon einer (da Kärntner!) eine wette verloren heuer....
Aber i wett nimma....
Zitatch wiederhole mich, Cabo goes Energold vom Anfang Nov. 06....
http://chart.finance.yahoo.com/c/1y/c/cbe.v
[Blockierte Grafik: http://chart.finance.yahoo.com/c/1y/c/cbe.v]
ja der Kärntner bin wohl i
Schischi,
aber sicher doch....
Cabo to Drill a Minimum 6,000 Meters for Cadillac Ventures and Noront Resources at Burnt Hill
Monday October 22, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 22, 2007) - Cabo Drilling Corp.'s (TSX VENTURE:CBE - News; "Cabo" or the "Company") Atlantic Division has been awarded a contract to drill a minimum 6,000 meters for Cadillac Ventures Inc. at their historic Burnt Hill tungsten - molybdenum project near Fredericton, New Brunswick. The Burnt Hill Project is a joint venture between Cadillac Ventures Inc. and Noront Resources Inc. (See Cadillac news release dated April 4 and Sept. 20, 2007).
The Company is operating two drills on site with the objective of twinning historic holes in order to bring the Burnt Hill historical data to a NI 43-101 compliant level to enable a current resource calculation. Cadillac will also be drilling a number of new holes recommended by P&E Engineering of Brampton, Ontario in an effort to increase the present resource and explore some of their newly staked property. An airborne geophysical survey has been booked and will be conducted over the entire land package by the beginning of November.
About Cadillac Ventures Inc.
Cadillac is publicly traded on the CNQ under the symbol CDEX. Currently, in addition to the joint venture on the Burnt Hill Project, Cadillac also holds the New Alger Project which encompasses the historic New Alger Mine, located in the highly prospective Cadillac Break Mining Camp, Quebec. The New Alger Mine has been sporadically productive but has not been fully explored or exploited. The property is situated contiguous to the O'Brien Mine and approximately 300 m to the SE of the LaRonde Mine.
About Cabo Drilling Corp. (TSX VENTURE:CBE - News)
Hab mich mal wieder ein bisserl umgeschaut auf
http://www.cabo.ca
Arbeitsmangel besteht nicht, eher könnten die noch mal so viel zun.
Das Geld der Explorer versammelt sich, sie müssen es nur halten können.
Das sollte doch mal gelingen.
Günstig sind sie noch immer und wie!
Below is a summary of the Company's share structure. This information is also included in Cabo's financial reports.
Stock Symbol: CBE
Listed: TSX Venture Exchange: (TSX-V)
Issued and Outstanding: 38,730,596
Options (exercisable at):
Price Shares
$0.75 598,000
$0.80 1,455,000
$0.50 - $1.00 375,000
Total Options: 2,428,000
Warrants (exercisable at):
Price Shares
$0.50 7,248,867
Fully Diluted: 48,407,463
Grüße
Tschonko
Der Umsatz ist ok. Die schulden sind noch immer hoch.
Aber insgesamt ist der Umschwung gelungen.
Cabo Announces Record Quarterly and Annual Results
Tuesday October 30, 11:48 pm ET
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 30, 2007) - Cabo Drilling Corp. ("Cabo" or the "Company") (TSX VENTURE:CBE - News) today reported results for its fourth quarter and the fiscal year 2007 ended June 30.
4TH QUARTER & ANNUAL HIGHLIGHTS
-------------------------------------------------------------------------
(CDN $000s, except earnings per share)
3 months 3 months
ending ending
June 30-07 June 30-06 FY 2007 FY2006
-------------------------------------------------------------------------
Revenue 11,679 7,564 38,445 28,791
-------------------------------------------------------------------------
Net Earnings (Loss)
Before Interest,
Tax, Amortization,
Stock-based Compensation
and Other Items (EBITDA) 1,485 7 4,012 530
-------------------------------------------------------------------------
Net Earnings (Loss) Before Taxes 414 894 1,680 (2,874)
-------------------------------------------------------------------------
Net Earnings (Loss) After Taxes 255 (782) 1,019 (2,762)
-------------------------------------------------------------------------
Earnings (Loss) per Share ($)
Basic Before Interest, Tax,
Amortization, Stock-based
Compensation and Other Items
(EBITDA) 0.04 0.00 0.11 0.02
-------------------------------------------------------------------------
Earnings (Loss) per Share ($) Basic 0.01 (0.03) 0.03 (0.09)
-------------------------------------------------------------------------
Cash from operations(i) 981 156 2,758 407
-------------------------------------------------------------------------
Gross Margin % 26.5% 20.0% 24.6% 20.0%
-------------------------------------------------------------------------
Working Capital 3,272 3,326 3,272 3,326
-------------------------------------------------------------------------
(i)before changes in non-cash working capital items
The Company reports:
- Revenue of $11.68 million for the 4th quarter of 2007, an increase of $4.12 million compared to 4th quarter revenue of $7.56 million in fiscal 2006.
- Net 4th quarter 2007 earnings before interest, tax, amortization, stock-based compensation and other items of $1.49 million and net earnings of $254,905 after interest, tax, amortization, stock-based compensation and other items resulting in earnings of $0.04 per share and $0.01 per share, respectively. This compares with the 4th quarter 2006 earnings before interest, tax, amortization, and stock-based compensation of $7,316 and a net loss of $782,211 after interest, tax, amortization, and stock-based compensation resulting in earnings of $0.00 per share and a loss of $0.03 per share respectively, a positive net income swing of $1.04 million from 2006 to 2007.
- Net before tax earnings for fiscal 2007 of $1.68 million compared to a net before tax loss for fiscal 2006 of $2.87 million, an increase of $4.55 million.
- Net after tax earnings for the fiscal year 2007 of $1.02 million compared to net after tax loss for the fiscal 2006 of $2.76 million an improvement of $3.79 million year over year.
- Gross margin percentage for the 4th quarter fiscal 2007 was 26.5%, compared with a gross margin of 20.0% in the 4th quarter of fiscal 2006 and 24.6% in fiscal 2007 compared to 20.0% in fiscal 2006.
- Cash from operations, before changes in non-cash working capital items, was $981,189 for the 4th quarter 2007 and $2.76 million for fiscal 2007, compared to 4th quarter 2006 cash from operations of $155,625 and $407,240 for the fiscal year 2006.
- A current asset balance of $15.27 million and working capital of $3.27 million.
- Total assets of $26.97 million and total liabilities of $13.66 million.
"Cabo recorded its highest ever quarterly revenues in the 4th quarter of fiscal 2007 of $11.68 million," Mr. Versfelt stated. "That's an 11.3% increase from the previous high recorded in the first quarter of fiscal 2007 and an increase of 54% compared to the 4th quarter fiscal 2006. The increase is primarily due to strong results from our Canadian operations, combined with the addition of revenues from the Company's international operations. On an annual basis the Company recorded a 34% growth in revenues to $38.45 million compared to $28.79 million recorded in fiscal 2006. For fiscal 2007, $1.76 million of the Company's revenue was generated by international operations."
"2007 is Cabo's first significant profitable year. The Company recorded net income, after taxes, of $1.02 million and an earnings per share of $0.03," Mr. Versfelt said. "We also improved our net earnings before taxes by 158% from a loss of $2.87 million in fiscal 2006 to $1.68 million in earnings in fiscal 2007. Increased revenues from better drill utilization and improved pricing along with improvement of cost controls in Canadian operations are the primary reasons for these increases."
"Gross margin performance of 26.5% for the 4th quarter fiscal 2007 (20.0% 4th quarter fiscal 2006) and 24.6% for the fiscal year 2007 (20.0% for 2006) was good, but there is room for improvement," Mr. Versfelt said. "We expect that all of our divisions will strive to increase their gross margins, whereby on a consolidated basis we can continue to improve our gross margin performance. We remain focused on reduced turnover of our drilling personnel, greater cost controls, better pricing from our suppliers and improved revenue margins on our contracts."
"Over the fiscal year the Company's asset base has seen a significant increase," stated Mr. Versfelt. "After selling the mineral resource properties to IMMC and redistributing, or placing in trust, the 10,000,000 IMMC units, the Company's asset base has increased by approximately $8.2 million from $18.7 million at June 30, 2006 (net assets less the resource properties) to $26.9 million at June 30, 2007. In comparison total liabilities only increased by $4.2 million during the same period."
"We successfully expanded our operations into Spain and Central America, with the addition of Cabo Drilling Spain, SL and Cabo Drilling (Panama) Corp. in 2007," stated Mr. Versfelt. "We added three new drills to our fleet in these regions and we also added two new drills to provide services in our growing Mexico market."
"The Company's business continues to remain strong, as its fundamental drivers show no significant signs of change," stated Mr. Versfelt. "The demand for drilling services continues to increase as gold, silver, copper, nickel, zinc and uranium prices remain at historically high levels and above economic thresholds for exploration."
Fourth quarter ended June 30, 2007
Revenues for the quarter ended June 30, 2007 were $11.68 million compared to $7.56 million in the fourth quarter of fiscal 2006. This represents an increase of $4.12 million or 54% from fiscal 2006. Net earnings for the quarter were $254,905 compared to a net loss of ($782,211) incurred in the fourth quarter of fiscal 2006. This increase in profit is primarily due to increased revenues and reduced costs in fourth quarter year over year, plus we see the positive results of 2006's write down decisions and sale of mineral properties.
Fourth quarter gross margin of 26.5% is higher than the prior year's fourth quarter gross margin of 20.0%, primarily due to improved pricing and higher margins in all divisions.
General and administration expenses increased to $1.66 million in the fourth quarter of fiscal 2007 compared to $1.45 million in the fourth quarter of fiscal 2006. This increase can be attributed to increased travel, a slight increase in salaries because of additional personnel, additional insurance for international operations, plus the significant increase in revenues resulted in the need for increased personnel leading to increased administration expenses.
Amortization during the quarter increased significantly to $650,233 from $389,528 an increase of $260,705. This increase can be attributed to the capital additions during the fiscal year 2007.
Interest expense increased to $94,714 during the fourth quarter of fiscal 2007 compared to $59,544 incurred in the fourth quarter of fiscal 2006. This increase can be attributed to the higher operating line during fiscal 2007 which was used to finance the increased inventories.
Year ended June 30, 2007
The results of operations reflect the consolidated performance of Cabo and its drilling subsidiaries.
Revenue for the year ending June 30, 2007 was $38.45 million compared to $28.79 million in 2006. This represents a 34.5% increase in revenues year over year. This increase can be attributed primarily to significant growth in our British Columbia and Newfoundland operations, plus revenues earned internationally have added $1.76 million during the 2007 fiscal year, compared to $785,455 earned in Mexico in fiscal 2006. The majority of the international revenue was earned during the 4th quarter. Management expects the international operations to contribute a growing percentage of the Company's total revenue stream.
Direct costs for the year ended June 30, 2007 were $28.98 million compared to $23.02 million. The increase is a direct result of higher activity, which resulted in higher revenue in fiscal 2007. Gross margins for the year ended June 30, 2007 were 24.6% compared to 20.0% during the fiscal year ending June 30, 2006. Gross margin strengthened throughout the year with a gross margin of 26.5% earned during the fourth quarter of fiscal 2007 compared to 23.6% earned in the first quarter of fiscal 2007. Price increases in drilling supplies, labor and diesel did occur in the year, but these increases are reflected in increased contract rates for fiscal 2007.
General and administrative expenses increased to $5.52 million in fiscal 2007 compared to $5.29 million last year. At 14.8% as a percentage of revenue in fiscal 2007, general and administration costs have decreased from the 18.3% recorded in fiscal 2006. However, the Company did experience higher than normal travel, insurance and consulting costs, primarily as a result of establishing our new operations in Spain and Panama. Additionally, there was a slight increase in salaries and wages because of the addition of some administration personnel. While the Company has maintained salaries at the cost of living index for the past couple of years, it is expected that in the next fiscal year the salaries will increase at a higher percentage.
Net income, after taxes, increased to $1.02 million for the fiscal year ending June 30, 2007 as compared to a net loss of ($2.76 million) recorded in fiscal 2006. The results from fiscal 2006 were significantly affected by the write-down of the resource properties of $1.65 million. Increased revenues and the improvement of cost control in operations are the primary reasons for the increase in net income in fiscal 2007.
The Company recorded EBITDA (earnings before interest, tax, amortization, stock-based compensation and other items) of $4.01 million in fiscal 2007, a substantial increase from $530,335 in fiscal 2006.
Short term investments and marketable securities decreased $108,569, from $313,029 at June 30, 2006, to $204,460 at June 30, 2007. The decrease can be attributed to the redemption of a GIC for $55,761 and the disposition of some marketable securities. At June 30, 2007, the balance of $204,460 consists of shares in Canadian public corporations.
Accounts receivable increased by $3.32 million to $8.83 million at June 30, 2007 from $5.51 million at June 30, 2006. The increase primarily resulted from higher revenues in the fourth quarter of fiscal 2007.
Inventory levels increased by $1.83 million to $5.37 million at June 30, 2007 from $3.54 million at June 30, 2006 as a result of the expansion into Spain, Panama, and Mexico and the growing activity in Canada.
Property, plant & equipment increased to $10.82 million at June 30, 2007 from $7.84 million at June 30, 2006 an increase of $2.98 million during the year as a result of additions to the drill and moveable equipment fleet. The Company invested $4.10 million in new property, plant and equipment in 2007.
Consolidated total assets increased in fiscal 2007 to $26.97 million at June 30, 2007 from $22.22 million at June 30, 2006. The increase is primarily due to the additions to our capital asset base and higher accounts receivable at June 30, 2007. The increase in accounts receivable has grown in conjunction with the increased revenues. The asset base has also been affected by the disposition of the resource properties and the investment in International Millennium Mining Corp. ("IMMC").
Consolidated total liabilities increased by $4.23 million to $13.66 million at June 30, 2007, from $9.43 million at June 30, 2006, primarily as a result of the increased term and operating line borrowings required to fund the increased inventory and capital assets levels, plus unearned revenue also increased significantly with the addition of the projects in Spain, Panama, and Mexico, which were not in place at the end of fiscal 2006.
The Company's current cash (marketable securities and cash equivalents) position at June 30, 2007, is $626,797 compared to $1.43 million at June 30, 2006. The decrease in cash is primarily due to the acquisition of capital assets and inventory in preparation for the summer drilling season, expansion into Spain and Panama and an increased investment in Mexico.
On December 29, 2006 Cabo closed the sale of its resource properties to IMMC. Pursuant to the transaction, the Company transferred all of the resource properties to IMMC in exchange for 10,000,000 units of IMMC. Each unit consisted of one IMMC common share and one-third (1/3) of a warrant. Each full warrant entitled the holder to purchase one share in the capital stock of IMMC for thirty-five cents ($0.35) within a period of two years.
The Company has redistributed 10,051,336 Units to its shareholders on a ratio of one IMMC unit for each four (4) shares of the Company as of the Record date, January 11, 2007. This distribution included 7,493,710 shares and 2,497,844 warrants of IMMC to the Company's non-US shareholders during the year ending June 30, 2007 and the balance to a trust account for the U.S. shareholders, which trust account at June 30, 2007 includes 2,557,626 undistributed shares and 852,601 undistributed warrants.
There is no further obligation on the Company's behalf to make property maintenance fees.
The Company has worked towards its strategic objective of becoming a drilling service provider of sufficient size to benefit from economies of scale and to provide the foundation from which to pursue new opportunities. Cabo is well positioned to capture an increase in revenues as the demand for mineral exploration, development and mining continues to grow. The Company's strategy is to focus on growth by expanding its existing long-term customer base revenues, attracting new customers, and by achieving operating and administrative efficiencies.
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).
ich bin von den Zahlen nicht begeistert, aber wie Du gesagt hast, der Umschwung ist erkennbar.
Die Gross-Margin hat sich erhöht im Gegensatz zu Q3 (von 22,4 auf 26,5%), aber zu den Branchenfühern ist noch Platz nach oben.
Eventuell ist ein Grund dafür, daß sie ja sich ihre Crews und Rigs hauptsächlich ausleihen für die Aufträge. ich denke bei eigenen Equipment liegt der Gross-Margin höher.
Aber dafür ist Cabo noch zu klein. Sie haben aber investiert, im Vergleich zu 2006 Q4 sind die Anschaffungskosten für Drilling & field equipment von 6,8 auf 9,8 Mio. CAD$ gestiegen.
Die Schulden werden hoffentlich bald reduziert.
LONG-TERM DEBT (continued)
The required annual principal and interest repayments on long-term debt are as follows:
1 – 12 months $ 916,718
13 – 24 months 646,679
25 – 36 months 361,926
37 – 48 months 179,090
49 – 60 months 145,000
Thereafter 392,568
Total $ 2,641,981
Less: imputed interest (399,600)
Principal payments $ 2,242,381
Die Körperschaftssteuer beträgt satte 34,1%! Cabo hat aber noch verrechenbare Steuerverlustvorträge von 3,6 Mio. CAD$.
Als letztes ein kurzer Überblick über die Warrants:
zum 30.06.2007 standen noch 8.663.867 Warrants aus, die zu 0,50 CAD$ ausübbar sind. Davon wurden bis Oktober 6,4 Mio. ausgeübt, 0,8 Mio. sind verfallen.
Grüße
Einmal ein anderes Ergebnis von einer anderen Drillingfirma + Explorer.
Soo viel bleibt auch nicht hängen.
Bitte unbedingt die Homepage anschauen und die Musik genießen.
Aber nicht einschlafen!
http://www.timberline-resources.com/
ca 65 mille MC.
Timberline Reports Record Revenue, Provides Corporate Update
Wednesday November 7, 12:53 pm ET
COEUR D'ALENE, Idaho, Nov. 7, 2007 (PRIME NEWSWIRE) -- Timberline Resources Corporation (OTC BB:TBLC.OB - News) today announced preliminary fourth quarter revenue figures for its wholly-owned contract drilling subsidiary, Kettle Drilling, Inc. (``Kettle''). Kettle and its subsidiary, World Wide Exploration, S.A. de C.V. (``World Wide''), specialize in underground drilling services in support of active mining operations and advanced exploration projects.
For the quarter ending in September 2007, unaudited results indicate total consolidated revenues of approximately $6.3 million, raising overall revenue for the 2007 fiscal year to more than $18 million and marking the sixth consecutive quarter of record revenues at Kettle since it was acquired by Timberline. Subject to any required audit adjustments, Kettle expects to show an overall net profit exceeding $500,000 in the fiscal fourth quarter.
Timberline CEO Randy Hardy stated, ``Since acquiring Kettle eighteen months ago, we have aggressively pursued opportunities to expand its American and Mexican drilling operations. Heading into fiscal 2008, our primary focus is to reduce costs and increase profitability at Kettle while maintaining sustainable organic growth. We have thus far achieved Kettle's rapid expansion through equity financings and by reinvesting all of its cash flow. As our growth rate moderates, we expect to deliver greatly improved bottom-line results in our 2008 fiscal year, while significantly expanding our in-house exploration programs.''
Subsequent to Timberline's recently completed offering, new purchases of additional drill rigs and support equipment are being planned for Kettle and World Wide. Timberline has also retired approximately $1.1 million in debt and is actively evaluating merger and acquisition opportunities in mining services and exploration.
Also subsequent to the offering, a follow-up application package for listing on the American Stock Exchange (``AMEX'') was completed by Timberline and submitted by Dorsey and Whitney LLP of Denver on the Company's behalf. In order to fulfill AMEX standards, the Company has been interviewing potential independent directors since concluding its financing in mid-October. A new appointment to the Timberline Board has been made and will be announced shortly.
In exploration news, Timberline announced today that its exploration-dedicated rig has been mobilized to the Butte Highlands Gold Project to begin a planned 10,000-foot core drill program. While the onset of harsh winter weather is expected to suspend the program shortly, the Company hopes to make tangible progress before refocusing on Timberline project locations in the desert southwest. The program at Butte Highlands is designed to begin validating and expanding the property's substantial historic resource.
At the recently expanded Downeyville Project on Nevada's Walker Lane Mineral Belt, permitting is underway for an upcoming drill program. The Company recently completed a magnetic survey which outlined strong, structurally-controlled anomalies indicating a mineralizing intrusive at Downeyville beneath shallow gravel cover just south of known surface gold-silver mineralization. Timberline will conduct an initial 5,000-foot drill program to test portions of the anomalies for structurally-controlled ore-grade gold-silver skarn mineralization.
Permitting is also in progress at Timberline's Conglomerate Mesa and Santa Rosa properties where core drill programs are expected to commence in early 2008.
At the East Camp Douglas Gold Project, data compilation and computer modeling have led to the selection of several priority drill targets. Management believes that the project is sufficiently advanced to enter discussions with potential joint-venture partners to conduct planned drilling and to lead the next exploration phase.
For more information about Timberline, please visit the Company's website at http://www.timberline-resources.com.
Timberline Resources Corporation is a unique, growth-oriented company that combines positive cash flow from its ownership of Kettle Drilling, Inc. with ``blue sky'' upside from its mineral exploration division. Timberline common stock trades on the OTC Bulletin Board under the symbol ``TBLC.''
Contact:
Timberline Resources Corporation
John Swallow, Executive Chairman
(208) 664-4859
http://www.timberline-resources.com
Schade, keiner sagt was zu Timberline.
Egal, Cabo neuer Auftrag.
Um die 0,6 sind große eingestiegen. Dasaust sie jetzt herum.
Der partner ist auch nicht uninteressant.
Immer beachten, für wen gedrillt wird.....
Cabo to Drill 5,000 Meters for Tagish Lake Gold at Skukum Creek
Monday November 19, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 19, 2007) - Cabo Drilling Corp., (TSX VENTURE:CBE - News; "Cabo" or the "Company") Pacific Division, has been awarded a 5,000-meter drill contract by Tagish Lake Gold Corp. for diamond drilling underground on its Skukum Creek property.
The program will focus on diamond drilling the upward and downward extensions of the Rainbow Two and Berg zones. In addition to increasing the resource in these zones, the objective of the program is to provide information on the extensions of these zones to facilitate mine planning. The program will also test the Rainbow Three zone where sampling in the drift on the 1300m level has shown significant gold and silver values in this new zone. (See Tagish Lake Gold's News Release dated November 1, 2007).
Cabo has mobilized a tractor mounted coring drill to the project and has commenced the drilling program, from the exploration cross-cuts driven on the 1,300 m level this year.
About Tagish Lake Gold Corp.
Tagish Lake Gold Corp. explores for and develops high-grade gold-silver mineral deposits in the Yukon Territory of Canada. The Company is current focused on its wholly owned, 178 Km2 Skukum Mineral District located 80 km by road south of Whitehorse. The Skukum Mineral District hosts the Skukum Creek gold-silver deposit and the Goddell Gully gold deposit, and has a currently defined measured plus indicated resource of 1,420,000 tonnes grading 6.8 g/t Au and 131 g/t Ag (MineTech International Ltd. 2007 Update), and the Mt. Skukum gold deposit.
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
Für wen sie drillen, wäre auch interessant...
Cabo Expands Drilling Services Into Nevada
Tuesday November 27, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 27, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that its Nevada division, Action Drilling Inc., a subsidiary of Cabo Drilling (Pacific) Corp., has been awarded a contract to complete a minimum of 7,500 feet of HQ core drilling in Nevada.
The Company began drilling in mid-October on their client's property located approximately 30 miles south of Battle Mountain, Nevada. Action Drilling mobilized a track mounted diesel hydraulic rig, which has a proven track record drilling in similar conditions in Nevada.
Nevada's mineral potential is well known as evidenced by the extensive mining industry in place as well as the exploration boom that is underway. Nevada's regulatory agencies are very active and familiar with all aspects of exploration, environmental and cultural protection making Nevada a place of choice for explorers and miners. Additionally, Nevada's gold production accounts for 87% of the total US gold production and making Nevada the third largest producer of gold in the world. Considering this, the Company believes expanding its drilling services into Nevada will add value for Cabo's clients and shareholders.
"We are pleased to announce the expansion of Cabo's drilling services into another new market," stated John A. Versfelt, President and CEO of Cabo Drilling Corp. "We have a great team of people who are dedicated to servicing our customers efficiently and to providing top level value, whether in Canada, USA or the other markets we presently service."
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
