Silber Companies - Liste und Neues

@ heron:

...was für Probleme hat UC in Mexico?...

bin zwar seit Monaten auf der Suche nach den Problemen von UC,
hab aber nie was gelesen.

...Der Kurs legt solche allerdings nahe...

...Hast´n Link oder ne kurze Erklärung?!

...Merci beaucoup

...emoba

@ emoba

Nichts genaues weiss man nicht, aber irgendwie scheint die Produktion nicht so richtig ans Laufen zu kommen. Auf der Webseite von UC heißt es:

It is my personal objective that UC Resources will finish 2007 with 700 tonnes per day in production of silver and gold.”
Richard J. Hamelin, President / CEO

Aber seit Monaten gibt es kein Update zur Produktion und vermutlich wird zur Zeit nicht allzu viel produziert. Ich erwarte in der nächsten Woche den Quartalsbericht, der hoffentlich mehr Klarheit bringt.

VG heron

@ heron:

...unsere silberi.fo-freunde haben den bis dahin ziemlich banalen UC-Thread
vor einigen Tagen in den geschlossenen Bereich verschoben,
als wären sie auf eine Info-Ader grösseren Ausmasses gestossen
...
...scheinen die einzigen zu sein die meinen, Wichtiges zu kennen...

...grüsse

...emoba

EXN.V: EXCELLON ENTERS INTO SILVER PURCHASE AGREEMENT
...Pursuant to the agreement, the Company will pre-sell to Auramet, 50% of the silver refined from ore mined at Minera Excellon's Platosa test-mine (up to a maximum of USD $4,000,000) for the next two years. This Agreement provides for an operating line of credit for the Company, whereby Auramet will pay for silver produced by Mineral Excellon prior to the same being refined into deliverable form. The silver will be priced at market prices, as agreed between Auramet and Excellon at the time of pricing, and will be subject to deduction for financing charges based upon LIBOR for the applicable financing period....

IPT.V: IMPACT Silver Corp.: Stock Options
...IMPACT Silver Corp. (TSX VENTURE:IPT - News) announces that it has granted incentive stock options under its Stock Option Plan to directors, officers, employees and consultants exercisable for 1,080,000 shares of IMPACT. The options are exercisable on or before September 5, 2012 at a price of $1.40 per share....

FVI.V: Fortuna announces positive drill results at San Jose, Mexico

VG heron

ECU.TO stieg innnerhalb von drei Tagen um 37%

Ich erwarte in den nächsten Wochen gute Meldungen von allen Projekten. Die erste kam gestern:

September 5, 2007
ECU Silver Announces Another Discovery at the Velardena Project
Highlights

- Another new discovery at the Velardena Project.

- Intersected the Roca Negra vein at shallow depth.

- Samples averaged 3.16 g/t gold, 491g/t silver and 5.0% zinc.

- Drill-hole T6-03 yielded 4.0 g/t gold and 695 g/t silver.

- Roca Negra vein has lateral extent of over 700 meters.

TORONTO, ONTARIO--(Marketwire - Sept. 5, 2007) - ECU Silver Mining Inc. (TSX:ECU) is pleased to announce that the Company has made another new discovery within the Velardena project at the historical Roca Negra mine. Historical mining was carried out on the Roca Negra vein which is located approximately 80 meters north of the Terneras vein where we recently announced the discovery of the western extension of the Terneras vein. Roca Negra is located between the Terneras and Santa Juana mines and is the most northly of the extensive east-west striking veins that include Terneras, San Juanes and San Mateo.

The following points are considered important to this latest discovery:

1) The Roca Negra vein has been defined to a 200 meter depth and lies within our current underground development and infrastructure;

2) The location of the Roca Negra vein at depth is easily accessible from our underground development;

3) The Roca Negra vein has so far been defined laterally for 700 meters and vertically for 200 meters;

4) The Roca Negra vein remains open laterally and at depth;

5) Based on recent work in known areas within the Velardena property, higher gold grades are expected at depth;

Michel Roy, CEO and Chairman stated that "Our latest discovery at the Roca Negra vein is positive for the Company for two important reasons. First, the grades values were excellent. Secondly, the entire sector defined to date at Roca Negra is readily accessible from existing underground infrastructures. Consequently, it can easily be integrated in our short to medium term mining plans."

Stephen Altmann, President added that "The discovery of the Roca Negra vertical extension is confirming the impressive continuity of several large veins within the Velardena property. Our extensive exploration program continues to show ongoing success. ECU has now outlined significant vein continuity in five historical mines/veins within the Velardena property alone."

Roca Negra History and Geology

The Roca Negra vein was mined from surface to shallow depths only (approximately 50 meters) and was closed in 1910. In our current exploration and drilling program, the vein was followed on surface for 700 meters and it was cut at two levels from underground with the deepest cut being approximately 220 meters below surface. The deepest cut is at the same elevation as the main access adit to the Terneras and Santa Juana mines.

We expect that the Roca Negra vein will have a vertical continuity of a minimum of 600 meters which would be consistent with similar known veins in the immediate area, namely, the Terneras, Santa Juana and San Mateo veins. However, readers are cautioned that until further drilling is carried out at Roca Negra, there can be no assurances that will be the case.

The western and eastern extensions of the Roca Negra vein, beyond the 700 meters already identified, have yet to be drilled.

The Roca Negra is a tabular structure with mineralization filling a pre-existing fault. The mineralization varies from calcite-rich sections with lower grades and quartz-rich sections with significant values in precious and base metals.

Sampling and drill results

Our exploration program at Roca Negra was focused in two areas. The first area was located about 300 meters east of the main cross-cut leading to the Santa Juana veins system. The work consisted of sampling along a 40 meter drift approximately 140 meters above the main access adit (equal to level 6 at Terneras) which yielded the following results:

----------------------------------------------
Drift Samples - Roca Negra Vein
----------------------------------------------
Sample Width Au Ag Pb Zn Cu
m g/t g/t % % %
----------------------------------------------
33916 0.75 0.83 245 0.94 3.55 0.08
----------------------------------------------
33917 0.43 0.11 515 1.24 0.08 0.26
----------------------------------------------
33918 0.15 1.35 108 2.53 0.75 0.12
----------------------------------------------
33919 1.15 5.92 533 0.67 10.00 0.47
----------------------------------------------
33920 0.55 3.46 825 0.66 1.59 0.36
----------------------------------------------
Average 0.61 3.16 491 0.91 5.01 0.31
----------------------------------------------
These results represent excellent average grades for both precious and base metals and justify a major follow-up in this area.

The second area tested was at the same level as the access drift, 140 meters below the first area, and was drill tested with the following results:

---------------------------------------------------------
Drilling Results - Roca Negra Vein
---------------------------------------------------------
Hole Sample From To Width Au Ag Pb Zn Cu
# m g/t g/t % % %
---------------------------------------------------------
T6-03 43878 75.50 75.89 0.39 4.00 695 0.46 0.14 0.54
---------------------------------------------------------
T6-04 44068 93.47 93.67 0.20 0.90 106 0.19 0.05 0.15
---------------------------------------------------------
These assay results are consistent with the historical assays from the Roca Negra vein which contained significant gold and silver values as well as variable lead, zinc and copper values. The widths are also consistent with the widths observed and mined above.

Going forward

The next step in the exploration/definition process at Roca Negra is to drill at lower depth up to the 600 meter level. This will then confirm the vertical continuity of Roca Negra to a depth that is consistent with the other known veins in the Velardena property. Laterally, we plan to drill the structure for at least 1,000 meters from our existing underground infrastructure.

Readers are cautioned that until a complete pre-feasibility study is completed, there are no assurances this latest mineralized zone will be economically viable, and although the above points are based on the best available data the company has collected to date, a material difference between the actual results and the Company's expectations may arise once further drilling is completed at the Roca Negra mine.

The Company is also currently drilling underground both at our Santa Juana and San Mateo mines, plus testing the San Juanes vein, and on surface at the Chicago vein as we continue to define the MC and other veins, results are expected on all of these fronts shortly.

Mr. Michel Roy, P. Geo., a "qualified person" within the meaning of NI 43-101, prepared the technical information disclosed in this news release.

Statements in the release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially. We undertake no duty to update any forward-looking statement to conform the statements to actual results or changes in our expectations.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:
ECU Silver Mining Inc.
Stephen Altmann
President
(416) 644-8640
Fax: (416) 644-8801
Website: http://www.ecu.ca

VG heron

Überraschend hohe Umsätze bei SEG.TO. Das kann doch nicht nur an dieser Meldung liegen:
Silver Eagle Averages 315 g/t Ag Eq Over 29.9 Metres Core Length

VG heron

...und seh die Rätsel nicht

@ Tschonko:

so wie ichs versteh,

...KONZENTRIERT sich SPM auf den Aufbau der Multi-Metall-Produktion auf ...ihrer Hauptproperty und

...gliedert die Gold-Claims aus und erwirbt damit die Bactec zu mehr als 50%
die die Goldaktivitäten im Rahmen des SPM-Konzerns weiterführt...

@ EXN:
positiv interpretiert hat EXN einen Liefer/Abnahmevertrag zu jew. Marktpreisen
abgeschliossen---bin aber nicht sicher, ob das so richtig ist...

Schön, dass´d wieder da bist...

Grüsse

emoba

Tschonko, EDEL MAN, emoba

Grundsätzlich ist die Idee von SPM - sich auf Ihre Kernkompetenz - die Silberexploration und bald Förderung zu konzentrieren nicht schlecht. Die Ausgliederung der Gold properties an BacTech und gleichzeitig dann doch den Daumen über Scorpio Gold draufzuhalten ist auch nicht übel eigentlich. Sollte sich die Tachnologie von BacTech auch noch als geeignet und wirtschaftlich erweisen nochmal gut.
Was ich noch nicht gelesen habe, bzw. evtl. überlesen habe ist, wie diese Ausgliederung für die Altaktionäre von SPM abgewickelt wird. Gibts Gratis aktien und wenn ja in welchem Verhältnis?

Wenn sich nun BacTech bzw. Scorpio gold auf die Gold properties focussiert, werden wir bald wissen was die Wert waren....m.E. sind diese nämlich im aktienkurs von SPM tatsächlich in keinster Weise eingepreist....der Wert von SPM bemisst sich derzeit zum grössten Teil am Nuestra Senora projet.

Alles in Allem sehe ich der weiteren Entwicklung von SPM sehr positiv entgegen. Ich werde weiter halten.

Gruss

Moin Tschonko!

Es war viel los in den letzten Tagen, News, Quartalszahlen..

Zur Meldung von EXN, soweit ich das kapiert habe: Auramet (http://www.auramet.com) ist ein Goldhändler, der schon früher mit EXN zusammen gearbeitet hat:

News vom 16.8.07: ...The Company funded this transaction through internal cash reserves and a USD 2.5 million bridge financing loan from Auramet Trading, LLC. The loan has an interest rate of 12Prozent per annum, and is repayable in six equal monthly instalments starting September 2007...

Nun gibt es einen neuen Deal: Auramet und EXN haben vereinbart, dass EXN einen Kredit bis zu 4 Mio bekommen kann. EXN kann selbst bestimmen, wann, für wie lange, wie viel, wie oft, und immer mit Silber statt mit Cash zahlen.

Mit Hedgen hat das gar nichts zu tun. Bleibt natürlich die Frage, ob sich der Deal für EXN rechnet. Positiv ist jedenfalls, dass EXN aufs Tempo drückt.

VG heron

Ave Tschonko!
"Man muss die alle einfach noch besser abklopfen: genauso wie UC, EXM (da hab ich schon einen Verdacht), ECU etc."

Kannst Du den Exmin-Verdacht bitte mal präzisieren? Finde im Moment überhaupt keine Erklärung.

Danke im vorraus
Beste Grüße
Heinsein

Ave Tschonko @ all!
Hat auf jeden Fall beruhigt, danke.
Mexico sehe ich ähnlich, birgt aber noch einige Gefahren!
Aber wo ist die Verbindung zur aktuellen Kursschwäche?

Beste Grüße
Heinsein

heinsein
Erst wenn bei EXM die Produktion ans Laufen kommt ist genügend Geld da für all die Projekte. Bis dahin kann es aber noch etwas dauern.

VG heron

Noch mal zu EXN: Ein Beitrag aus dem SH Forum, http://www.stockhouse.ca/bullb…31806&t=0&all=0&TableID=0

The Taxman vs. Friends and Excellon

If a debenture holder is paid out in cash for whatever number of oz of silver, the watchful Taxman will deem that as a sale and trigger Tax on the capital gain. For those who want to hold silver for the longer term, it will be an immediately undesirable consequence. No one should be surprised that some major holders in that position would have happily elected or even initiated the extension so they can receive the full amount in silver and reap the benefit of tax deferral.

What should the company do if it was a proposition from the debenture holders?

Firstly, what has the company got to lose and gain? It has to pay for the custodian fees and storages charges a little longer, but on the other hand, its cash (millions) remains in the bank and keep collecting interest.

Then what have the debenture holders done for the company? Their funds helped launch the Platosa mine, right? But before that occurred, Excellon was in a takeover bid on Destorbelle Mines Ltd - a part holder of the company’s present properties. To help close the deal in time, already on an extension of a previous deadline, a major subscriber to the debenture (Top Gold A.G) made an advance payment of US$3.5mln two months ahead of time to Excellon.

In regard to the FRIENDS and RELATIVES theory, the ENRICHMENT part was dead wrong and rotten (as elaborated in previous posts 6/27/2007, 6/13/2007), however that event indicated indeed a friendly and helpful hand lent to the company at a needy time. Now if those folks behind that subscription, possibly others as well, prefer a delay in repayment of our debt so they can receive the full amount in silver, does it make any sense not to reciprocate and accommodate such desire with no or insignificant expense to the company?

Let’s now go over to the company side. Alas…. there is another watchful Taxman standing by! For every oz of silver the company sent to the trust, this Taxman deemed that as a sale at fair market value although not a penny was received of course from the trust. Since the company is already operating in profitability, we can bet that tax bill is going to be hefty.

How to reduce that tax burden? We are probably out of luck as far as paying back the principle portion of the debenture is concerned, but anything above and beyond that may be deemed as expense and qualify for tax deduction.

If we look again at the debenture structure, it was effectively a forward sale of silver with a money back guarantee to be settled in 3 years time. The sale price was US$5.5/oz and the cost would be the fair market values assessed upon delivery to the trust from time to time. Let’s say if the average works out to be US$10.5/oz, then we have a loss of US$5.0 for each oz sold in 2004 and to be delivered in 2007. This will form the basis for tax deduction claims.

Whatever case the company and its tax advisors want to pursue should be of little concern to us. We only need to recognize that there are significant tax implications at maturity of the debenture and the company needs to take measures to protect itself from any avoidable tax burden or recapture those taxes if already paid.

Soon after the announcement of first debenture extension, it was cited on this board that the company offered tax issue as reason for the extension. Then came the second extension as announced in the August 31 NR – a puzzlement perhaps to some, but it also shed more light on the tax implication. The company said it had intended to have its Mexican subsidiary assume the Debenture obligation at its onset but wasn’t able to do so until now. Why did they intended to do so and finally did it at such a late stage?

Let’s see who is on the frontline facing the forces of the Taxman? The Mexican sub is the one that has been mining, selling and sending silver to the trust. It is also obviously the one that has to declare profits (both virtual and real in the millions) and pay taxes first, isn’t it?

Using the $5/oz estimated figure, the total loss incurred at maturity will be $9 mln ($5/oz x1.8 mln oz), and the same eligible for tax deduction. We want to avoid paying taxes on something like $9 mln or recapture them (if already paid) as soon as possible, don’t we? Whatever the case may be, tax advantage is now realizable by having the debenture obligation and its tax reduction value transferred to the subsidiary. It is worth the wait, isn’t it?

Referencing the 2007 presentation - Ag production: Avg 247,000oz/month; Ag in trust: 1.51mln oz on May 10, 2007, silver went to the trust at over 120,000 oz/month meaning at that rate, the debenture should have been fully funded well before Aug 31 (end of first extension).

So the pieces are now in place to explain the company’s acts: 1st extension due to shortage of ounces + tax purposes; 2nd extension for tax purpose alone. There have been no underhanded dealings to confer undue favours to anybody. The Friends and Relatives Enrichment scheme was just an invention based on a nonexistent “original term” invented by the theorists and suspicionists.

While no one can read others’ mind in terms of their honesty and other faculties, we can certainly assess them from their past acts. They have built a profitable company with huge exploration potential literally from the ground up through arrangements cautiously taking care of risks and protecting shareholder value, with excellent vision and execution both on the business side as well as the exploration side bringing us to this point. The series of latest events hints at the setup of a stage whereby the company may be launched into its next phase – in which it will be counted in the major league.

Good luck and happy investing.

Sep 07, 2007 - CASTLE GOLD RECORDS STRONG SECOND QUARTER RESULTS; CASH COSTS FALL TO $180 PER OUNCE

Aug 29, 2007 - AUROGIN AND MORGAIN AMALGAMATE TO FORM “CASTLE GOLD CORPORATION”

Aug 20, 2007 - AUROGIN AND MORGAIN SHAREHOLDERS VOTE OVERWHELMINGLY IN FAVOUR TO APPROVE AMALGAMATION TO FORM “CASTLE GOLD CORPORATION”

Vielleicht mal ein Blick drauf werfen..

Die Neue Company ist jetzt CSG.V siehe News vom Aug,29

Wird erst seit einer Woche gehandelt.

MfG