Silber Companies - Liste und Neues

Alexis mit den ersten Goldbarren aus Lac Herbin:
http://biz.yahoo.com/ccn/080129/200801290438830001.html?.v=1

Metanor soll diese Woche auch den ersten Barren präsentieren.

West Timmins mit Erweiterung zu La Dura:
http://www.westtimminsmining.com/main/?newsReleases&149
Interessante Company

Mexico Mike zu Bandera: wenn sie in das trial gehen, dann dauert das ein jahr.
Wär blöd.

I met with some of the management from BGL during my west coast trip last week. There is not much new to the story that I can add, except to say that I am confident that BGL is going to come out of this with 100% of Cinco Minas, and thereafter there will be very little in the way of the company to go on and become a solid producer. The question is time. Will they end this thing in a few weeks, and convince Barnett to accept a fair and reasonable buyout? Or, will they have to pursue it in the courts, after presenting evidence of objectionable behaviour and breach of contract, which could take a year or more to settle. I will not present specific details of the breakdown in the JV, but I will simply state that I believe it was not just a failure of communication, and there was a deliberate and careful scheme to defraud BGL investors that was beyond the control of management to prevent.

The company has the services of one of the top lawyers in Mexico for mining law. BGL is still very well-financed. And the company has completed the requirements for their 60% earned interest, so I do not think its a danger that they will lose the project.

The largest single shareholder in the company has not sold a share, and the management and insiders all have family and friends participating (as I do) and therefore they are motivated to see this through.

My final comment is very subjective. I have met with literally hundreds of management teams in this sector during the last 5 years. With some of them, I detect a lack of sincerity in their objectives. There are some companies I just know will never achieve success because the senior people are in it for themselves. They look at investors like a cat looks at a canary in a cage. They find ways to screw up a good story through their own greed and short term behaviour. With BGL, I know that everyone in that story is fighting to build a successful company. These guys have been successful at everything else they have done. I trust that they will make the right decisions to resolve this dispute and get the company back on track. That is my reason for staying with them.

I cannot advise anyone else on what to do. The JV went off the rails at the same time as the sentiment for the entire sector has gone sour. The stakes are not as high as they seem therefore, since I think the worst case scenario is already priced in. I am going to see this through as long as it takes and just trust that integrity will win the day.

cheers!

mike

Voluntary disclosure: I have not received any form of compensation to report on my opinions now or at any other time by BGL. The company remains my largest holding.

Ein kurzer Blick auf Bruce Bragagnolo:
Der soll ja auf der Vancouver Konferenz mit sooo einem breitem Grinsen herumgerannt sein.
Vielleicht war er auch nur gut drauf....

Und es gibt da ja verschiedene Möglichkeiten, wie der link zeigt.

http://infoventure.tsx.com/TSX…PO_ID=1010624&HC_FLAG1=on

Uupps: das war der falsche link: der da, dieser!!!
http://infoventure.tsx.com/TSX…&PO_ID=818379&HC_FLAG1=on

Grüße
Tschonko

@pacal,
ich drück dir die daumen.
Sind die Resultate etwa gut?
Eher wohl Tiefenspeku....

Hallo Lucky,
Tequila in Gua. Wenn überhaupt, heuer im August..........
Aber weisst eh, i mag ja net wirklich nach Mexico.
Aber das mach mer bei PM.

"Pampers Modus": dieser Ausdruck schien zu gefallen. Hatte ihn dioch der user timesystem bei w.o. schon einige Stunden später als eigene Wortschöpfung im Programm. (im First Majestics thread, der ja sehr gut war und auch noch gut ist.
Die Jungs lesen mit..........

Also!
Ben hat gesenkt mit Aussicht auf weitere Senkungen.
Das bedeutet: Rally.

Die Amis und Canucks brauchen meistens einen Tag, bis das Ding durch die Gehirnwindungen durch ist.
Die haben einfach zu viel Hirn....

Heisst aber nicht, dass das auch für die Juniors gilt.

Weiters wäre noch zu beachten, dass die hedgefonds auch ziemlich reif sind für eine größere krise.

Müsste ein guter februar werden für uns.

Aber das gabze verdammte Zeug kommt noch auf uns zu,
nur eben später dafür hoch² oder hoch³.

Hab mir heut ein paar Silvermex gegönnt.
Klein Orko nenn ich sie.
Wollt ich ja gleich nach der Edelmetallmesse.

Nur der Bruce Bragagnolo könnte in Vamcouver auch wegen Timmins Gold so gegrinst haben wie ein Scheunentor.
(Warum ich das weiß? friends were there)

Grüße
Tschonko

PS:
  heron, schau dir das an. EXN ist so ziemlich die einzige Aktie, die vor dem Toronto listening steigt.
Orko zieht auch an.
Schau, schau.
Strohfeuer?

La Parilla update (FR.TO) in Tabellenform von smallcapinvestor.
http://www.smallcapinvestor.de…oads/LaParilla_300108.pdf

So, und Genco auch noch eingebucht auf margin.
Stöhn!
Genco schaut längerfristig gut aus.
So an die 1,5 mille oz haben sie derzeit, Tendenz steigend.
Sie weisen niedrige Gestehungskosten aus,
aber im Reporten waren sie noch nie gut.

Da muss was raus die nächsten Tage, wenn nicht morgen.
Aber erst am Abend.

T.

Hallo Lucky,
glaub gar nicht, dass viel mehr geshortet wird zur Zeit.

Es fehlt einfach an den Käufern.......

Und wenn noch wer billig eingekaufte warrants hat, dann gibt er die auch her und holt sich ein bisserl cash.

Wir hatten hier mal NER.V und OTL.V Letztere hatte gestern 1 A moly Zahlen.
Aktie fällt.
Gründe: dilution ist schon ansehnlich und das dauert noch ein paar jahre.
Bei NER.V dasselbe: bei kupferprojekt nichts gefunden. Ausverkauf.
Dabei geht es hier nur um das molyprojekt crazy fox.
Wenn da das 1. loch wiederholt wird, dann ist wieder Abflug.....
Zur Zeit hat ausschließlich der markt recht.

Genco geht schon........
Hab ja nicht viel. Aber irgendwann muss ma ja anfangen.

Grüße
Tschonko

PS: So jetzt haben wir eine neue Seite.
Das wichtige Posting war um 19:12 uhr. Das ist Plänkelei.
Seite 1 auf neuesten Stand gebracht ("upgedatet2 wär kürzer... :D)

So, Schluss für heut! hab noch was vor.....

Hi eldo,
glaub überhaupt, dass es heuer viele Übernahmen gebn wird.

Bei genco hab ich mich zu früh gefreut. Kamen wieder zurück.
Da war gestern ein Spread von 2,7 bis 3,19.
Was sagt uns das?

Noch was von den babybulls:

Wall Street Journal Lead Article – Investors Rush to Gold - January 31, 2008

If we have ever witnessed a stronger buying signal for junior mining sector stocks, we can’t remember it!

Like the infamous “Shot Heard ‘Round the World” the leading story in yesterday’s Wall Street Journal is still resonating loudly hours after it hit news-stands early this morning due to the lead story splashed prominently across page one “INVESTORS RUSH TO GOLD”. It’s quite a coincidence (or maybe not) that this article breaks on the same day that GATA (the Gold Anti Trust Action Committee) took out a full page ad (at a cost of over $250,000) in America’s leading financial daily to announce their upcoming Washington DC Gold conference in April of 2008. This comprehensive full page color advertisement is a well written manifesto wherein GATA publicly calls out the US Treasury and other tier one central banking institutions to provide proof of net gold stockpiles (GATA has been waging a public battle with global banking institutions on the conjecture that the system has been running an orchestrated campaign for many years to keep the price of gold in check by flooding the market with the yellow metal whenever it heats up in price). The popular wisdom by this group now is that with many global gold bullion stockpiles sold off (or shorted), the banking consortium’s ability to continue to control gold pricing is becoming limited and we will soon see the demand for precious metals outstrip supply leading to rapid price appreciation for both gold and silver.

Lest we digress, let’s get back to main topic at hand here – which was today’s article on gold and how it is becoming a popular investment with both individual investors and more importantly the professional money managers that invest hundreds of billions of dollars in managed money. What this article represents is a public acknowledgement of what many investors have seen coming for quite some time. As the US (and EU countries) continue to print paper “fiat” money to prop up an underperforming investment market (with the most recent catalyst being the subprime mortgage meltdown), the US dollar is continuing to show major strain and points toward an inflationary economy. When that happens, there is a natural tendency for investors to seek safety in new vehicles that can more safely store buying power, and this is precisely what is now starting to happen. Both gold and silver have shown bright appreciation over the past few months as the broad global markets are getting pushed lower with sentiment continuing to sink as stimulus packages and fed rate cuts are deemed “too little, too late” by the experts.

Gold is now well above $900/oz and silver has appreciated over 60% in the last six months to over $16.50/oz. But many metals analysts see this pricing move as just the beginning of what could be a dramatic and prolonged precious metals bull market with enough steam to push gold into the $1,500+ range and silver to track up considerably from current levels. As evidenced by today’s Wall Street Journal article, these pundits might be on the right track.

We have been on the bullish side of the court for precious metals for quite some time with four of our client companies covered on Babybulls.com right in the middle of this market sector with terrific offerings in either gold, silver or a combination of both. We have provided a brief update for each of these well positioned junior mining companies below and continue to see these underfollowed companies as excellent opportunities to position for what we expect to be a very strong market for precious metals over the next few years as this current trend of investors allocating a larger percentage of their portfolios into hard assets continues.

With the push by professionals into the metals starting to occur as evidenced by today’s WSJ article, we fully expect the masses to follow in shortly and really kick this market into gear. As metals prices continue to appreciate, investors will seek out ways to get leverage into this market, which is where the junior mining sector will pick up considerable interest. In fact, relative to current metals pricing, junior mining stocks are possibly the most efficient way to enter this market as they already represent a huge discount to the current market (when considering market cap per oz of metal in the ground) and will see their operating numbers and net profit lines (cost of discovery/production as a percentage of gross metals price) improve dramatically with each move up in metals pricing.

Of course, where there exists the opportunity to realize high rewards, there exists a commensurate exposure to risk. That being said, we see the following companies as excellent ways to move into this market as each one looks to be at a historically low entry point and each has already exhibited an ability to locate material discoveries which should prove to help protect their downside, while they maintain excellent continued discovery potential providing for explosive upside.

Here is a quick look at our Babybulls.com precious metals clients that have excellent prospects already which would only improve as the metals markets heat up in interest with mainstream investors:

Silver Dragon Resources, Inc. (SDRG:OTCBB) - Silver Dragon Resources, based in Toronto, Canada is a pure play silver exploration group that is developing silver rich properties in both Mexico and China. Silver Dragon has completed a 43-101 report for it’s Cerros las Minitas property in Mexico and one of it’s China properties (Erbahuo mine) and is in the process of converting 122b (China) standards for the eight remaining silver property targets in the prolific Erbahuo silver district in Inner Mongolia to international 43-101 standards. Silver Dragon has already identified a significant silver resource at both it’s Cerros las Minitas property and the the Erbahou mine of combined 35 million + oz silver equivalent, and we expect this number to go up sharply as they continue exploration work in both Mexico and China as well as standards conversion at their 8 remaining China properties. With many seeing an even more dramatic appreciation potential for silver as it has both investor and industrial demand combined with the fact that silver could move up considerably to reach its more traditional ratio to gold pricing, Silver Dragon looks to be particularly well positioned for excellent value improvement going forward.

Additional information on Silver Dragon is available at http://www.babybulls.com/Profile_SDRG.htm and at http://www.silverdragonresources.com

EXMIN Resources, Inc. (EXM:TSX-V) – EXMIN Resources, based in Vancouver Canada is a gold and silver exploration group that has amassed one of the largest land packages of highly prospective lease hold interests of any junior mining group in the industry. EXMIN presently has over 22 separate high impact projects representing approximately 1.5 million acres (that’s is over 2,300 square miles!). In addition, EXMIN owns 30% of the Moris Gold mine, a 3,000 ton-per-day heap-leach operation operated by their joint venture partner, Hochschild Mining (70%) which is in production and is on track to produce in the neighborhood of 25,000 oz of gold and 60,000 oz for 2008. The two groups are looking to expand production as they aggressively drill on the property to extend the already significant discovery at Moris. EXMIN is also working with: world class mining group Industrias Penoles (BMV:MEX) on their Maguarichic property; Yale Resources on their Urique property and MAG Silver on their Batopilas property. We see a very bright future for this major land holder that has struck deals with a host of strong partners to build out their resource base and continue to pioneer new property holdings by staking. Additional information on EXMIN Resources is available at: http://www.babybulls.com/Profile_EXM.htm and at http://www.exmin.com

Golden Goliath Resources Ltd (GNG:TSX-V) – Golden Goliath Resources Ltd, based in Vancouver, is a mining and precious metals company focused on the exploration, development and operation of gold, silver, lead and zinc mining projects in proven mineral districts of Mexico. Golden Goliath’s primary project is the development and exploration of a historically prolific Spanish mining district in Chihuahua, Mexico known as the Uruachic Camp. The Uruachic camp consists of 7 principle mineralized zones covering over 20,000 acres (approx. 32.5 square miles) of which the Company owns a 100% interest. In addition to Uruachic, Golden Goliath has a 5,000 acre prospect in upper Chihuahua known as the Chamizal prospect and just recently struck a deal on its La Cruz property with world class senior miner Pan American Silver Corp. (PAAS:NASDAQ) for an aggressive discovery program. With its large acreage position in historically prolific mining land and deep pocket JV partners, we see great discovery potential in Golden Goliath. (a recent announcement from their drilling program in the Uruachic camp yielded a 21 meter section of 7.1 gram gold per ton, pointing to the discovery of a large near surface gold deposit). Additional information on Golden Goliath is available at: http://www.babybulls.com/Profile_GNG.htm and http://www.goldengoliath.com

Aurelio Resource Corporation (AULO:OTCBB) – Aurelio Resources, based in Denver CO, currently has two major projects in development, it’s Hill Copper-Zinc property near Bisbee, AZ which hosts a drill-indicated inferred (and third party verified) resource of more than 800 million pounds of insitu copper (at $3 copper this is over $2.4 billion worth) with considerable upscale potential, and it’s Gavilanes gold property in Mexico, which from initial drilling results has the potential of a resource in excess of one million ounces of gold. Aurelio is aggressively drilling at both properties to scope and delineate their resource base, and looks to have all the markings of a junior miner that is moving quickly up the ladder to senior status. With discoveries continuing at a rapid pace at its Arizona copper-zinc property, Aurelio is working on plans to build a large copper mine at the site and commence production, which would put them on the map quickly with a strong revenue base and upside discovery potential at their gold targets. Additional information on Aurelio Resources is available at: http://www.Babybulls.com/Profile_AULO.htm and at: http://www.aurelioresources.com

We will continue to keep you informed as these four junior mining groups with excellent prospects for upside appreciation work diligently to grow their respective resource base and prove out their business models.

Here is link to the full Wall Street Journal Article: Investors Rush to Gold: http://www.gata.org/node/5973

And a link to the GATA full page ad that appeared in today’s (Thursday’s) Wall Street Journal: http://www.gata.org/node/wallstreetjournal

Grüße
Tschonko

Stephen Altman hat beim toronto goldbugs meeting, glaub von Mexico Mike organisiert, einen vortrag gehalten.
Hier der Bericht von Mike: oh ja, bitte wieder produzieren. Geld verbraten sie ja genug.

I think Steve Altmann did a fanstastic job today to present the update on ECU. I am very familiar with the story but I learned some new things myself, and thought it was a pretty crisp presentation overall. He outlined the progress so far, and explained some of the decisions that the company has made.

Some of the interesting details:

The grades they are encountering from actual sampling of the veins underground have been higher than the drill results so far. So the actual ore zones will probably be even higher grade than the expectations based on the data.

They have over 300,000 data points from the deposit, which has to rank it as one of the most comprehensive resources for any deposit of this size.

There are 32 known veins on the property controlled by ECU. Most remain open lateraly and to depth. Almost no exploration has been done on the western veins so far.

Development work commenced on a 2km decline ramp about 2 months ago. This ramp will allow access to the lower levels of the mine for heavy equipment. It will also open up drilling stations that will make it much cheaper and faster to do exploration drilling to depth.

Work continues on the pyrite circuit to try and optimize gold recoveries, and the progress is described as 'encouraging'. Steve had great praise for MICON and the work on the resource estimate, and for Kappes Cassidy and the metallurgical test work that is in progress.

The company still hopes to have the PFS completed by Q2 but that is still subject to possible delays along the way.

There will be between 2-4 drills turning during 2008. The objectives will be to continue infill work to upgrade the resource to M&I, to step out the current discoveries and try to expand the deposit area, and to complete new exploration work, including targeting the skarn zones to depth.

There is about $12 million in cash in the bank, and about $1 million per month is the burn rate.

I asked a few questions about the potential to restart processing ore grade material, in order to generate positive cash flow. Altmann suggested that could begin very soon. The main issue is that the deposit model for the bulk tonnage ore requires that the higher grade vein shoots must remain intact or the lower grade zones will not be worth going back to. So trying to make money off a low tonnage operation does not make sense. However, there are known veins outside of the MC bulk tonnage zone, and they could be put into production to generate cash flow as the company had established last year, at lower gold and silver prices.

The mill remains fully operational, but most of 2007 was running low grade test material. The work is ongoing to increase the efficiency as metallurgical test results come in. I think the management understands the importance of getting production going again, so that investors can know that the project is viable, and so that they will be able to stretch the cash position a bit further by generating internal revenues.

Altmann has quite a few analyst meetings set up in the near future. I think the story is starting to get out to the institutions. I respect the effort for Steve and the CFO Dwight Walker to come to present to retail shareholders. There has been a lot of nonsense circulating on the forums and I hope this post has helped to clear up some of the facts for the company. I am also sure that anyone that calls the company directly will get straight answers to any questions they may have.

cheers!

mike

Voluntary disclosure: ECU is one of my largest personal holdings. The company is a paid advertiser on this website.
_________________
"Evil will always win because good is dumb." - SPACEBALLS

Hat wer einen link, wo man eine short list einsehen kann. (Speziell ECU, Genco, FR)
Ich hatte so einen mal...
Kann ihn nicht mehr finden.

Sehr interessanter Bericht zu Yale YLL.V:
hatten Mühe ein PP zu 0,5 Mille auf die Beine zu stellen zu 0,15.
Ist ja ein Hohn!

http://miningmarketwatch.net/yll.htm

CEO Foreman hat eine Vision, ohne krank zu erscheinen, das gefällt mir.

Ein Lustiger Bericht über short selling (Naked Shorting Conspiracy)

http://garyweiss.blogspot.com/…races-naked-shorting.html

Langsam komm ich mir schon deppat vor mit meinem Gerede von der Rally. Gut im HUI fand sie ja statt, aber nicht bei den Juniors und Explorern.
Die sind am Arsch.
Weit wär´s ja nicht zum Vergnügen......

Grüße
Tschonko