Beiträge von gogh

[Blockierte Grafik: http://www.faz.net/m/%7B89A9EDDC-5E9A-49BF-A272-D03F1F5E72EA%7Dpicture.jpeg]

Humphrey, Sein Tod hinterlässt eine Leere.

"...........Ein halbes Jahr nach Blairs erstem Wahlsieg mußte er die prominente

Adresse verlassen. Angeblich kam Blairs Ehefrau mit ihm nicht zurecht.

Auch ein gemeinsames Foto konnte die entsprechenden Gerüchte nicht

zum Verstummen bringen. Schließlich fand der Kater im Haus eines

Mitarbeiters für die letzten Lebensjahre eine neue Heimat. WELT.de"

Man sollte die Börsen wenigstens für einen Tag aus Trauer schliessen.

Heute bin ich völlig fertig.

Nichtmal die Uralogen konnten ihm noch helfen.


Nach Dottores Hinweis versteh´ich, weshalb Batavia

einen Rentner_Geologen mit Uran_Erfahrung

in Nord_Australien ausgesetzt hat. Die anderen

halten den Geigerzähler für ein Musikinstrument.

gogh

Quelle: FIN24.co.za vom 20.03.06

South Deep relooks growth goals
==========================
20/03/2006 13:18 PM

Johannesburg - South Africa's South Deep gold mine has chosen a new general manager and is undertaking a sweeping study to rethink ambitious growth targets, the head of its 50% partner Western Areas said.
Gill Marcus, the former deputy central bank governor who became chairperson of Western Areas in November, also told Reuters she had held "very good" initial talks with new major shareholder Harmony Gold.

South Deep, one of the world's richest and deepest ore bodies, has been plagued by delays and high costs, but investors are hopeful about new leadership among joint venture partners.

Marcus said a feasibility study due to be finished in July would take a hard look at previous expansion plans, hinting they might be scaled back.

"We are doing a feasibility study at the present, really looking at envisaged plans... how real is all of that," she told Reuters late on Friday.

Previous management at South Deep, jointly owned by Western Areas and Canada's Barrick Gold, aimed to boost output above 800 000 ounces by 2010, a jump of 70% from 469 168 ounces last year.

"...(The study will) take account of what our reality has been over the previous few years, versus the plans you had in place and what are the reasons why you didn't quite achieve what you have planned."

A new chief executive for South Deep has been chosen to replace John Bredenhann, who resigned last month.

"We have headhunted a replacement and there should be an announcement in due course as soon as the arrangements are finalised," she said.

South Deep has been criticised in the past for not having enough deep-level mining expertise when Canada's Placer Dome, recently taken over by Barrick, was the joint venture partner.

"I have every confidence in the person we have found," Marcus said.

Harmony stake

Harmony, the world's fifth biggest gold producer, recently purchased a 29.2% stake in Western Areas for around R2bn and analysts said it would probably want to later make a full takeover bid.

When asked about a possible bid for the firm, Marcus noted the firm had two major shareholders, Harmony and South Africa's JCI Ltd, accounting for over 60% of the shares.

"Our approach is what is in the best interests of the company and all its shareholders," she said.

Marcus said she has had no talks with Gold Fields regarding potential cooperation on adjacent mines, but she was aware this was a potential issue for the future.

A Barrick official last month told Reuters he wanted discussions with Gold Fields on possible cooperation since Gold Fields' Kloof mine was next door to South Deep.

"Gold Fields can access Phase Two of our mine from Kloof... and if there is thinking along those lines, then that would be something to discuss between Barrick, ourselves and Gold Fields."

In annual results last month, Western Areas warned shareholders it would need further cash towards the end of the year, but Marcus said the amount was as yet unclear.

The firm wants to make sure a comprehensive study is undertaken now so that any fund raising would cover all the firm's needs, including a possible restructuring of the hedge book.

Western Areas is still struggling with a legacy of hedging - gold sales in advance at fixed prices - done in 2001 when the price was much lower. The hedge book has a net negative value of around R2bn.

"We're trying to understand it better, to look at what options there are, and the options would also include doing nothing if that's the best choice," she said.

zugespitzt und polemisch:

Sollte Croesus während der 2 Wochen trading halt

seine Klins-Männer nach Kalfornien schicken,

eröffnen die über dem letzten Kurs.

[Blockierte Grafik: http://www.markhj.com/beasties/pics/wombat_hole.jpg]

nur wo liegt das Abstauberlimit?


Bei letztem Kurs von 0,27 ASD kostete Croesus

-MKP plus Schulden- ca. 100 Mio ASD.


Da laufen eigene Maschinen in eigenen Minen,

Reserven 450.000 Oz, Resourcen 2 Mio Oz.


Das hedging hält sich mit 200.000 Unzen

um die 600 ASD/oz noch im Rahmen.


gogh

Quelle: Mining Weekly vom 17.03.06

DRDGOLD shares suspended on Australian bourse
--------------------------------------------------------------------------------

Shares of South African gold miner DRDGold have been suspended on

the Australian bourse after the firm failed to file audited interim accounts,

it said on Friday.

But the firm plans to file the audit-reviewed accounts within the next few

weeks and seek to have the suspension lifted, it added in a statement.

The company has already released unaudited financial statement for the period.

"The requirement to prepare audit-reviewed half-yearly accounts is an

ASX requirement and is not a requirement of the other major stock

exchanges on which DRDGold is listed," it said.

Shares in DRDGold, South Africa's fourth largest gold producer, initially

slid 7,9% to R8,00, but quickly recovered to R8,50, a fall of 2,2%.

[Blockierte Grafik: http://www.faz.net/m/%7B7A48FE0D-CD04-47A9-B7DA-01B75DDBA901%7Dpicture.jpeg]

Es sieht so aus, als ob Croesus auf der Kippe steht.

Und sowas haut natürlich auf den Kurs.

Würd mir wünschen, dass bei Wiedereröffnung

des Handel -wird sicher nicht schon am Montag sein-

der Kurs fürchterlich fallen wird.

Mit der letzten Kokosnuss ab in den Busch.


Oute mich weiter als optimistischer CRS-Loser.


gogh

Bob, mit der Option verhält es sich so wie Du sagst.

Ist ein Bonbon für die Aktionäre.


TNG hat das ganze allerdings reichlich chaotisch (unprofessionell)

organisiert. Es ist ein Prestigeverlust.


Sollte das kursmässig demnächst abgestraft werden,

kann man nochmal günstig Aktien kaufen.


BTV ist noch ein Kick interessanter als TNG.

Aber da man nicht alles auf 1 Pferd setzen soll......


gogh

[Blockierte Grafik: http://www.007forever.com/images/drno-bts.jpg]

Croesus hat nen trading halt in Sydney.

Glaub ja nicht, dass die den Löffel abgegeben haben.

Che Sera, Sera............


gogh

nachdem der alte Kebble sich von Simmers zurückzog,

reiner Negeraufstand ohne Folklore.

Die Musik spielt woanders:

JCI, WAR, HAR und Insovenzkandidat DRD.

Das sind aber schwierig zu spielende Melodien

Nur die Hippoes Brett und Roger konnten das

doppelt gestrichene Fis als pas de deux auf Spitze tanzen.


gogh

Schade dass so ein schöner Elch derart unseriöse Kreditgeber

wie die Deutsche Bank hat.

gogh

Veröffentlichung der Osloer Börse:

14.03.06 12:33 Marked=OB CRU DISCLOSURE OF LARGE SHAREHOLDINGS flagging

In accordance with section 3-2 of the Norwegian Securities

Trading Act, Deutsche Bank AG gives notice of its

purchase of 60,000 ordinary shares issued by Crew Gold

Corporation (`the company`) on 13 March 2006.

--------------------------------------------------------------------------------

Following settlement of this trade, Deutsche Bank AG and
its subsidiary undertakings will have total holdings of
shares and rights to shares equivalent to 5,01% of the
share capital and voting rights of the Company.

This comprises holdings of 3.46% in ordinary shares and 1.55% in
rights to shares.

The rights to shares arise from holdings of convertible

bonds issued by the Company, of which 1.45% is exercisable

by 1 December 2010 and 0.10% is exercisable by 8 September
2006.

es steht auch drin, dass die im Deflector Tenement

jetzt zusätzlich nach pig iron suchen.

Das ist mir neu.

Die Scoping Studie Ende März wird sich über

Kosten der AU-Mine auslassen.

Seltsam dass BTV sowenig

Reklame mit dem finanziellen Potenzial

der bereits identifizierten 850 T-AU-Unzen macht.

Sowas ist mir noch nie begegnet.


Entweder ist mein Alzheimer fortgeschritten, oder

BTV wird der Leuchtturm im Depot.

gogh

"macht das US$77/oz Gold"

die Erwartung, dass sich der Silberpreis mehr als verdoppelt

in die Berechnung des Preises für die Reserve-Unze gold einzubeziehen,

ist mir zu innovativ.


Konservativ, also mit Marktpreisen per heute, kostet

die Reverveunze AU 150 USD.



gogh

Hochzeitsglocken läuten

gogh

[Blockierte Grafik: http://www.olgabaclanova.com/pictures/freaks/29_roscoe_in_drag_6.jpg]

[Sundaytimes.co.za -

Western Areas up on news
=====================

Friday March 10, 2006 12:09 - (SA)
===========================

Shares in gold mining company Western Areas (WAR) climbed 16% on

the news that South Africa's third largest gold miner Harmony Gold

(HAR) had acquired a 29.2% interest in the company.


At 09:40, Western Areas shares on the JSE were quoted up 16% or 5.67 rand at 41 rand.

"Western Areas is up on the Harmony news. The implication of

Harmony's acquisition is that the company may make an offer to Western

Areas minorities. I'm sure that it is not part of Harmony's strategy to only

hold about 30% in Western Areas," an analyst said.

Should Harmony increase its stake in Western Areas to 35% or higher,

then the company would be required to make a mandatory offer to

Western Areas' minority shareholders, in terms of Securities Regulation Panel rules.


"I think that Harmony could make an offer to Western Areas' minorities," the analyst said.

The acquisition of the stake in Western Areas provided Harmony with a

14.6% interest in the South Deep gold mine, which is a 50:50 joint

venture between Western Areas and Barrick Gold.

Harmony bought the Western Areas shares at a 7.4% premium to the 30-

day volume weighted average price of 41.07 rand.


The transaction would be funded through utilising cash of 985 million

rand and a loan facility of one billion rand provided by Rand Merchant Bank.

Harmony had cash and equivalents of 2.914 billion rand as stated at the

end of the December 2005 quarter.

The only outstanding short-term debt is a bond repayment of 970 million

rand, which is due in June 2006.

I-Net Bridge

(zuletzt 18.02.06)

per heute 10.03.06 aktualisiert.
========================

nichts verkauft

aufgestockt:

-BMG (AIM.London), Diamantenproduzent Philipinen, Gold-Explorer

-BTV Batavia Mining, Australia

Australien ASX Kürzel:

BTV

CRS

DOM

LAF

MEE

NMC (nicht NCM)

OGD

PEM

PPD

PSV

SMY

TNG

Außerdem Toronto, Vancouver:

APG.TO

CAL.TO

CBE.TO

CRU.TO

HRG.TO

Golden Star

NGG.TO

ORV.TO

RIC.TO

TWG.TO

TVI.TO

QRL.TO

und Südafrika

JCI.RSA

Western Areas WAR.RSA

und
BMG (AIM.London)

Harmony erwirbt Schachtel an Western Areas

WAR Kurs steigt bei Eröffnung an JSE 16%

gogh

Harmony buys 29% WAR stake2006-03-09
===================================

22:04:12
Quelle: news24

Harmony Gold has bought a 29% stake in Western Areas for R900m

cash and R1bn debt, Harmony CEO says. Johannesburg - Harmony

Gold has bought a 29% stake in Western Areas for R900m cash and

R1bn debt, Harmony CEO Bernard Swanepoel told Miningmx on Thursday.

Harmony bought investment manager Allan Gray's 24.5% in Western

Areas, with the remainder of the shares being bought on the open

market, he said, adding the average price of the transaction was R44 per share.

There are no immediate plans, he said, to increase the stake in Western

Areas, which has as its primary asset half of the South Deep joint

venture mine it shares with Barrick.

"Western Areas was a value proposition, we liked the price. It was

available. On approaching the people they were prepared to sell," he

said. "We effectively established some decent exposure to a great ore body."

"Having had exposure to an orebody not too dissimilar, and a mining

method not too dissimilar, to our own Target mine, we like these types of orebodies," he said.

South Deep is a deep-level mechanised mine. The orebody is seen as

one of the last great untapped gold deposits.

In February, South Deep revised its reserve estimate down to 29.3

million ounces from a previously reported 55.6 million ounces. The mine has a 25 year life.

Asked whether Harmony would increase its stake, Swanepoel said: "It is

simply premature to comment. We've just built up this stake. We are very happy with this stake.

"We'll engage with the company and see if there's anything we can do.

There are no immediate plans to go beyond this," he added.

Harmony has not had any talks with Barrick, which recently acquired

Canada's Placer Dome. Placer Dome and Western Areas set up the South Deep joint venture in 1999.

Development of the mine, which is 45km southwest of Johannesburg,

was marked by strong differences of opinion between Western Areas

management and that of Placer Dome. The project overran on budget

and time.

NEW GUINEA GOLD
CORPORATION

PRESS RELEASE

DRILLING AT THE WEIOKO PROPERTY INTERSECTS
4m GRADING 2.69g/t GOLD PLUS 32m GRADING 0.91g/t GOLD

Vancouver, 7 March, 2006. Three holes were drilled

at the Weioko Prospect, Sehulea Property and they intersected strong to

intensely illite-sericite-quartz-pyrite altered hydrothermal breccia.

Several narrow distinctive intervals of intense - pervasive silicification

and saccharoidal vuggy silica were intersected in the top interval of

WED032. Elevated gold grades appear to correlate with these zones

and the best assay interval returned was 4m grading 2.69 g/t gold from

8.2m to 12.20m down hole. This interval also includes 1.0m grading

6.71 g/t gold plus 14.9 g/t silver.

Hole WED033 intersected a broad, low grade gold zone in strong to

intensely illite-sericite-quartz-pyrite altered hydrothermal breccia and

returned 32m grading 0.91g/t gold from 8m to 40m down hole, with a

maximum assay of 2.36g/t gold.

WED034 was abandoned at 44.20m due to difficult ground conditions

and the only significant assay result was 2m grading 2.59g/t gold from

12m to 14m down hole, from a strongly weathered and limonite stained

conglomerate breccia.

The holes were drilled in late 2005 and assays have just been received.

In the meantime, the drill has moved to the Imwauna Prospect,

Normanby Property. An additional drill is expected to become available

later in 2006 which will then permit resource definition drilling at Weioko to commence.

At Weioko, approximately 34 drill holes have defined gold mineralisation

with possible bulk grades estimated between 1g/t to 3g/t over a strike

length of ~400m.

...................gekürzt....................

"eine Optionsprämie auf derzeit unwirtschaftliche Projekte"

[Blockierte Grafik: http://jovan.ru/pics3/ah.jpg]

Kein Eigenkapital, kein Fremdkapital

Droopy will anscheinend Call-Optionen auf AU verkaufen.

Nur Ganoven werden sowas von einem Insovenzkandidaten kaufen.

Und die Pistole laden.................


gogh

der Badewannenpiranha

Es muss ja nicht gleich OK vom Schlage Putin/Schröder sein.

Da ist normales Wirtschaftsverbrechen reines Mädchenpensionat.


Nun denn, jeder nach seiner facon

gogh

RESOURCEN und RESERVEN

gogh

Quelle:STOCKWATCH vom 06.03.06

2006-03-06 08:33 ET - News Release

QUEENSTAKE REPLACES GOLD RESERVES AT JERRITT CANYON;

STARVATION CANYON ADVANCES INTO RESERVES

Queenstake Resources Ltd. met its goal of replacing gold reserves at

the Jerritt Canyon operations in Nevada, after production, and identified

the first gold reserves at the Starvation Canyon project in 2005.

Proven and probable reserves totalled 877,900 ounces of gold contained

in 3.7 million tons (3.4 million tonnes) at an average grade of 0.24 ounce

of gold per ton or 8.1 grams per tonne at year-end 2005, based on a

three-year average gold price of $410 per ounce. Measured and

indicated resources, including reserves, were estimated at 2.1 million

ounces of gold contained in 8.8 million tons (8.0 million tonnes) at an

average grade of 0.24 ounce per ton (8.1 grams per tonne). Queenstake

also estimated inferred resources of 2.7 million tons (2.4 million tonnes)

at 0.23 ounce per ton (7.9 grams per tonne) for 605,600 ounces.

Queenstake's proven and probable reserves, and measured and

indicated resources, were audited and verified by SRK Consulting (U.S.),

Inc. as satisfying the standards of Canadian National Instrument 43-101.

[Blockierte Grafik: http://www.sueddeutsche.de/sport/weltfussball/artikel/392/71321/image_kopfzoom-1141631061.jpg]

SIEGEL analisiert heute 6 März 2006 die bekannten
Zahlen des Dez-Quartals 05 von Western Area

gogh

Quelle: SIEGEL INVESTMENT "GOLD HOTLINE"

Analyse

06.03.06 Western Areas
==================

(SA, Kurs 5,60 Euro, MKP 1.386 Mio A$)

meldet für das Dezemberquartal einen Rückgang der Goldproduktion

auf 63.841 oz, was einer Jahresrate von etwa 250.000 oz entspricht. Aus

dem aktuellen Quartalsbericht geht nicht hervor, ob Western Areas die

geplante Steigerung der Produktion auf eine Jahresrate bis 2007

umsetzen kann. Bei Nettoproduktionskosten von 354 $/oz und einem

Verkaufspreis von 366 $/oz konnte Western Areas eine marginale

operative Gewinnspanne von 12 $/oz erzielen. Der operative Verlust

erreichte 34,3 Mio A$ oder 398 $/oz. Auf der Basis einer jährlichen

Produktion von 400.000 oz erreicht die Lebensdauer der Reserven 69,5

Jahre und die Lebensdauer der Ressourcen 93,6 Jahre, woraus sich

ein gewaltiges Wachstumspotential ergibt. Western Areas gibt das

Volumen der Verpflichtungen aus Vorwärtsverkäufen mit 2,9 Mio oz an,

was auf der Basis einer jährlichen Produktion von 400.000 oz einen

Produktionszeitraum von 7,3 Jahren abdeckt. Die unrealisierten Verluste

aus den Vorwärtsverkäufen erreichen 632,0 Mio A$ oder 161 $/oz. Am

31.12.05 (31.12.04) standen einem Cashbestand von 46,2 Mio A$ (2,9

Mio A$) Kreditverpflichtungen über insgesamt 873,0 Mio A$ (683,6 Mio

A$) gegenüber. Beurteilung: Western Areas bleibt durch die

umfangreichen Verpflichtungen aus Vorwärtsverkäufen extrem belastet,

so daß wir derzeit kein besonderes Aktienkurspotential erkennen

können. Die Verluste konnten in den letzten Jahren jeweils nur mit

umfangreichen Kapitalerhöhungen abgefangen werden, die

überraschenderweise den Aktienkursanstieg nicht gebremst haben, so

daß Western Areas trotz dieser Problematik teuer bewertet wird. Sollte

eine Gewinnspanne von 100 A$/oz umgesetzt werden können, würde

das KGV einen Wert von 34,7 erreichen. Die vorgesehene

Produktionsausweitung auf jährlich 400.000 oz bis 2007 erscheint

unrealistisch. Bei einer Lösung der Problematik der Vorwärtsverkäufe

ergeben sich durch die umfangreichen Reserven und Ressourcen

interessante Wachstumsmöglichkeiten. Wir stufen Western Areas

wegen der schwer kalkulierbaren Risiken aus den Vorwärtsverkäufen

als Verkaufsempfehlung ein.

Empfehlung: Verkaufen,
===================

aktueller Kurs 5,60
================
Euro. Western Areas (WKN 854633) an mehreren deutschen Börsen

notiert

(vgl. Verkaufsempfehlung vom 29.03.05 bei 3,42 Euro).
==========================================