Beiträge von gogh

  • Americas Silver Corp./ USA, USAPF (TSX, OTC)

    seriös wäre es von der Company die Länge des hohen Silbergehalts

    im Erz zu nennen. Da dies nicht geschieht kann man davon ausgehen,

    daß es sich um eine "bomb shell" handelt. Z. B. bei Seifen lagern

    sich an einzelnen Punkten solche Anreicherungen ab.


    gruss

    gogh

  • Richmont Mines Inc./ RIC (TOR, NYSE)

    GM-Produzent in Nord-Amerika
    =========================


    WKN 873 817 ISIN CA76547T1066 RIC


    (notiert an AMEX und Börse Toronto, beide: RIC)


    War vor einiger Zeit mit dem Moped in die Mine gefahren.


    Fahr immer noch Moped ( 5,25 Can$ heute 03.12.04)


    Aber was nicht ist, kann ja noch werden.


    habe unten die 2 Monate alte SIEGEL INVESTMENTS.de


    Bewertung eingestellt.


    gogh


    December 03, 2004


    Richmont Mines Exercises Its Option To Acquire 55% Of The Island Gold Project


    MONTREAL--(BUSINESS WIRE)--Dec. 3, 2004--Richmont Mines Inc. (Richmont Mines) (AMEX:RIC) (TSX:RIC) and Patricia Mining Corp. (Patricia Mining) (TSX-V:PAT) are pleased to announce that Richmont Mines has exercised its option to acquire
    a 55% interest
    ============
    in the Island Gold project, located near Dubreuilville, Ontario. Patricia Mining will retain its role as project manager during a transition period, and
    Richmont Mines will become project operator as of January 1, 2005.



    Context


    In September 2003, Richmont Mines and Patricia Mining entered into an option agreement giving Richmont Mines the right to acquire a majority interest in the Island Gold project by investing up to $10 million to bring the project into production. Richmont Mines made a private placement of $1 million in Patricia Mining, and Patricia Mining committed to complete a $2.5 million exploration program to evaluate the resources in the Island deposit (formerly known as the Island zone). This program was completed in October 2004. In November, Patricia Mining submitted a National Instrument 43-101 (NI 43-101) report to Richmont Mines, which then had 90 days to exercise its option.


    NI 43-101 Technical Reports


    After completing its exploration program in 2004, Patricia Mining retained the services of Roscoe Postle Associates Inc. (RPA) to prepare a NI 43-101 report on the Island deposit using a narrow vein interpretation model of the Island deposit. According to this report, the


    indicated resources are 272,000 tonnes at an average grade of 12.3 g/t Au,
    or 108,000 ounces of gold.


    Furthermore, the
    inferred resources are estimated to be 275,000 tonnes at an average grade of 13.1 g/t, representing 116,000 ounces of gold. These resources were estimated using a cutoff grade of 6 g/t Au and high assays were cut to 75 g/t Au.


    In November 2002, a NI 43-101 technical report prepared by Eric Kallio, P. Geo., estimated that the inferred resources for the project's five zones totaled 2,034,000 tonnes at an average grade of 8.3 g/t Au, or 544,190 ounces of gold. Based on a bulk mining approach and using a cutoff grade of 5 g/t Au, one of these zones, the Island zone, contained inferred resources of 515,000 tonnes at an average grade of 7.35 g/t Au, or 121,906 ounces of gold. RPA has not reviewed this report.


    The results of the narrow vein interpretation and the additional data from the most recent exploration program confirmed over 500,000 tonnes of resources and significantly increased the average grade of the Island deposit.
    The Island deposit is still open at depth and along strike.


    Work in progress


    An additional exploration program comprising 4,500 meters of drilling is currently under way to verify the extension of the Island deposit between the depths of 330 and 430 meters and laterally over 200 meters.



    Richmont Mines is currently mobilizing equipment and personnel to the site to prepare for the next phase of work.


    Outlook


    The infrastructures in place represent a considerable advantage with regard to the development of this property.
    The access ramp extending to a vertical depth of 160 meters, the underground drifts, the modern mill with a capacity of 650 tonnes per day


    and the numerous surface buildings will significantly reduce capital needs and lead times.


    Richmont Mines and Patricia Mining are very encouraged with the results of the underground drilling program and are devoted to maximizing the potential of this project and advancing it into Ontario's next gold mine.


    The main work scheduled to be done on the Island Gold project in the months ahead involves extending the access ramp and additional drilling in the Island and Lochalsh zones with the objective of increasing the indicated and inferred resources and advancing the Island Project towards a production decision.


    National Instrument 43-101


    This news release was reviewed and approved by Luke Evans, M.Sc., P.Eng., and Peter Hubacheck, P.Geo., who have been deemed "qualified persons" as defined by National Instrument 43-301 for the assessment of this project. Jules Riopel, M.Sc., the qualified person for Richmont Mines has also reviewed and approved this press release. This news release was jointly prepared by the management teams of both companies, who are entirely responsible for its content. Toronto Stock Exchange and TSX Venture Exchange officials have not reviewed the information in this document and accept no responsibility for the adequacy or accuracy of this news release.


    Forward-looking statements


    This news release contains forward-looking statements that include risks and uncertainties. The factors that could cause actual results to differ materially from those indicated in such forward-looking statements include changes in the prevailing price of gold, the Canadian-United States exchange rate, grade of ore mined and unforeseen difficulties in mining operations that could affect revenues and production costs. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be detailed in periodic reports from Richmont Mines Inc. and Patricia Mining Corp.


    AUS SIEGEL INVESTMENT.de (kann man zur täglichen Lektüre sehr


    empfehlen, täglich um 10,00 h gibt es einen neuen Beitrag)


    hier aus September 04


    Analyse 29.09.04 Richmont (NA, Kurs 4,85 C$, MKP 86,4 Mio A$) meldet für das Juniquartal einen leichten Anstieg der Goldproduktion auf 24.166 oz, was einer Jahresrate von etwa 100.000 oz entspricht. Die Produktion in der Beaufor Mine erreichte 17.663 oz bei Nettoproduktionskosten von 298 $/oz. Die Produktion im Hammerdown Projekt, das die Produktion im Mai einstellte, fiel auf 6.503 oz bei Nettoproduktionskosten von 250 $/oz. Bei durchschnittlichen Nettoproduktionskosten von 288 $/oz und einem Verkaufspreis von 400 $/oz fiel die Bruttogewinnspanne von 134 auf 112 $/oz zurück. Der operative Gewinn lag bei 1,9 Mio A$, was einem aktuellen KGV von 11,1 entspricht. Auf der Basis einer jährlichen Produktion von 60.000 oz Zahlen erreicht die Lebensdauer der Reserven 4,2 Jahre und die Lebensdauer der Ressourcen 15,2 Jahre. Richmont berichtet über einige Explorationsprojekte, macht aber keine konkreten Angaben über die Höhe der erschlossenen Ressourcen. Richmont hat mittlerweile alle Vorwärtsverkäufe abgebaut und kann von jedem Goldpreisanstieg in vollem Umfang profitieren. Am 30.06.04 erreichte der Cashbestand 30,1 Mio A$ (37,0 Mio A$) bei einer gesamten Kreditbelastung von 10,5 Mio A$ (8,9 Mio A$). Beurteilung: Richmont präsentiert sich als unspektakulärer mittelgroßer nordamerikanischer Goldproduzent. Enttäuschend verläuft die Gewinnentwicklung. Negativ ist auch die Verschlechterung der finanziellen Position. Positiv sind der hohe Cashbestand und die unspektakuläre Arbeit des Managements. Richmont bleibt eine solide Halteempfehlung. Empfehlung: Halten, unter 4,00 C$ kaufen, aktueller Kurs 4,85 C$, Kursziel 8,00 C$. Richmont wird in Deutschland praktisch umsatzlos in Frankfurt und Berlin-Bremen notiert (vgl. Halteempfehlung vom 15.03.04 bei 5,65 C$).

  • Mein Depot hpoth

    @Hpoth,

    die meisten, die Du da mit gutem Gewinn verkauft hast,

    kenne ich gerade mal dem Namen nach.


    Möchte die auch garnicht haben, weil die Produktionaufnahme

    noch in den Sternen steht. Oder Avocet, die maggeln mit irgend-

    welchen Mongolischen Potentaten..


    Doch es gilt. Wer heilt, hat Recht. Gratuliere!


    gruss


    gogh

  • Lupos Schmuddelecke

    Würde es auch toll finden, wenn GO mal wieder posten würde.

    Der hat sich vor einigen Monaten ein einziges mal bei W+O gepostet.

    Sonst ist aus HH Funkstille.

  • Bema Gold WKN 878 626 ISIN CA08135F1071 BGO

    Grad´heut´meldet sich ein Lautsprecher der Techniker nach 1 Monat

    Schweigen zurück. Eines muß man dem lassen, der scannt die

    Szene und hört das Gras wachsen: Techniker sehen Baisse

    bei PoG und GM.

    Die haben als Masse ein paar Börsentage Recht.

    BEMA kann noch 1 Woche warten.


    gogh

  • Aufruf an den User btrend

    Wer jetzt noch nicht in GM investiert ist, wird in dem PoG-Trubel Dez. 2004

    nichts großes mehr anpacken.

    Wer drin ist, kann sich entspannt ZEN-Übungen zuwenden.
    [Blockierte Grafik: http://www.arnold-stocker.ch/Grafiken/Janet%20Leigh%20(Psycho).jpg]





    Von Ärzten und Goldbugs

    nach Motiven: John Steinbeck (Von Menschen und Mäusen)





    Eine L kommt zum Arzt und beschwert sich über


    Schmerzen im Unterleib, der Arzt kann aber nichts feststellen. Sie erklärt


    ihm: "Das ist nur bei Regen so." Darauf der Arzt: "Na, dann kommen sie


    mal wieder vorbei wenn's regnet." Als es dann mal regnet kommt die


    L dann vorbei, der Arzt schaut sie an, holt eine Schere und


    fängt an zu schneiden. "Na, was haben sie denn gemacht, das ist jetzt


    einwandfrei." strahlt sie den Doktor an. "Ich habe nur 5cm vom oberen Rand ihrer Gummistiefel abgeschnitten!"

     [Blockierte Grafik: http://www.feuerwehr-renshausen.de/Fotos/Finanzsorgen/Gummistiefel-Fragezeichen.jpg]

    Wie hat der Arzt den numerus clausus für das Medizinstudium überwunden?

    Ist er Mitglied im Hartmannbund?

    Hätte er mit einer anderen Methode (Röntgen, großes Labor)


    mehr Honorar abrechnen können?

    Würde der Arzt vor der Ethikkommission bestehen? Oder würde
    ihm vorgehalten, er habe nicht zur Kenntnis nehmen dürfen, daß die Frau klein war?


    Fazit:

    So ein Arzt wird es in D kaum geben. Ist eher ein Goldbug mit Nebenbeschäftigung.

  • Gold ETF

    Herzlich Willkommen im Forum. Dennoch gibt es ein paar Punkte die du beachten solltest inscha'Allah:


    1. Begrüssen wir uns hier im Forum inscha'Allah mit dem islamischem Friedensgruß.


    2. Posten wir hier nicht ohne Beweise und erst recht nicht einen Satz der pauschal in den Raum geworfen wird.


    3. Hat der Bruder allgemein gefragt und nicht, dass er es getan hat.


    4. Hast du kein göttliches Wissen wie Umer schon sagte! Sprich, du machst eine große Sünde, wenn nicht sogar Shirk mit so einer Aussage. wa Allahu A3lam


    Inscha'Allah hast du es aber nicht so gemeint.
    Baraka Allahu Feek

  • 1. Silberbrief kostenlos!!!

    Merksatz für GOLDBUGS:

    Mit Dreiecken kann man eine Pyramide, aber niemals einen Eimer bauen.

    Ein Dreieck kann man umdrehen wie einen Eimer. Aber nur auf den

    umgedrehten Eimer kann man sich stellen und die Welt von oben betrachten.

  • IAMGOLD./:GOLDFIELDS; die Hochzeit

    Und das Schärfste Harmony kommentiert.

    Der Fuchs als Beschützer der Gans.



    [Blockierte Grafik: http://ofb.net/~epstein/sl/20030418-bucket.jpg]

    gogh



    Mining Weekly and Polity vom30.11.04



    Gold Fields now confident of winning Iamgold vote
    --------------------------------------------------------------------------------

    South Africa's Gold Fields Ltd is confident it will gain enough shareholder votes next Tuesday to seal its merger with Canada's Iamgold and sink a $6.5 billion hostile bid from Harmony Gold.


    Several South African fund managers, representing around 20 percent of Gold Fields shares, said they have swung to support the Iamgold deal after Gold Fields offered a sweetener to its own shareholders on Tuesday, the firm said on Wednesday.


    The new terms won over South African insurer Old Mutual, one of the biggest shareholders with 5.8 percent, to back the deal.


    "It has changed our mind. We are now supporting the transaction. We had been undecided, unconvinced," Old Mutual fund manager Patrice Rassou said.


    North American shareholders, accounting for another 30 percent, were already largely in favour of the deal before Gold Fields said on Tuesday it would contribute $200 million less cash than it had originally agreed, the company said.


    "We would anticipate that the vast majority of that (North American base) to be on our side," spokesman Willie Jacobsz said.


    South African support at 20 percent was the result of a preliminary survey among shareholders representing 23 percent of shares and the company was now visiting other investors to boost that level, he added.


    Gold Fields, the world's fourth biggest gold producer, needs a simple majority of shares represented and voting at a meeting on Tuesday to approve the deal, worth around $2 billion.


    Sixth biggest Harmony, which got 10.8 percent of Gold Fields shares in an initial offer, has said it would only proceed with its all-share bid if shareholders rejected the Iamgold merger.


    It was counting on cancelling the Iamgold deal with the help of Russia's Norilsk Nickel, Gold Fields biggest shareholder with a 20 percent stake, which has agreed to vote against the merger.


    But courts have dealt several blows to Harmony in recent days, including stripping it of voting rights for its Gold Fields shares it had planned to cast against the Iamgold deal.


    A U.S. court on Tuesday denied Harmony's request to prevent Gold Fields from casting votes on the Iamgold deal on behalf of some of its shareholders.


    Harmony said on Wednesday the new Iamgold terms still left Gold Fields shareholders at a disadvantage.


    "Harmony believes that the amendment does not alter the fundamental value leakage inherent within the proposed IamGold transaction and that it remains unconvincing and difficult to justify from both a value and structural perspective," it said.


    The value of Harmony's bid has slipped five percent under the market price of Gold Fields shares, indicating that Harmony will have to boost its offer of 1.275 new Harmony shares for each Gold Fields share, analysts say.


    "The Harmony offer undervalues Gold Fields substantially. Their bid is too low, they would have up the ratio to above 1.5," Rassou said.


    Harmony shares slid 2.8 percent to 60.25 rand while Gold Fields shares were flat at 82.20 rand, compared to a 0.8 percent rise in the top 40 index of blue chips.


    Iamgold shares finished up 2.12 percent in Toronto on Tuesday after the news of the new terms for the merger.

  • Südafrika Rand

    Hohe Zinsen in SA


    Speziell für Western Area und Randgold Aktionäre.


    gogh




    Aus MINING WEB 30.11.04

    Asset sales to cut JCI's debt
    ========================
    Gareth Tredway
    '30-NOV-04 12:00'



    JOHANNESBURG (Mineweb.com) -- JCI is set to announce a fresh black empowerment (BEE) initiative soon – a development needed to help the group reduce its onerous debt levels. The outcome will be a BEE investment company to be listed on the JSE Securities Exchange and a cash inflow fir JCI.


    The bottom line is that the mining finance resource company needs cash urgently as it debts continue to rise and as, as yet, no cash is coming in to service them fully. In JCI’s annual report to end-March this year, the company’s auditors emphasised the company’s growing problem though they stopped short of qualifying the group’s accounts.


    “Shareholders are accordingly advised that the group’s auditors have included an ‘emphasis of matter’ paragraph relating to the directors ‘going concern’ statement,” said Roger Kebble, in his chairman’s statement, “As I have indicated, the group will de-gear itself substantially when the majority of its current empowerment joint ventures are consolidated for listing.”


    The group’s short-term borrowings almost doubled in the 2004 financial year, rising to R901 million by the end of 2004, from R478 million the year before.


    “Since JCI has taken such a long-term investment view and because of delays in the commissioning of its major asset, South Deep, the company has been under pressure to maintain a healthy debt to equity ratio over the past few years,” said the report.


    Some investments, like a 30 percent interest in the Letšeng mine in Lesotho, are starting to generate cash. But the holding company’s management say dividends will probably only be paid around 2006, after a substantial portion of the IDC loan for the project has been repaid. Western Areas is not profitable as yet, and mining interests in Angola may take a little while to come online.


    According to the report’s cash-flow statement, the group burnt R238 million through its operations in 2004, and made R151.8 million by selling off investments.


    JCI has numerous empowerment partners. With its interest in these partners and possible sales of non-mining assets to them, it could find a new source of cash to pay down its own debts.


    One area is the company’s technology investments company, which JCI says is cash generative. “JCI has currently invested in a number of cash generating technology investments, which it proposes to gather under a single grouping in order to form one of the major assets to be disposed of to a proposed new BEE grouping.”


    Mafikwe Mkwanazi, chairman of Western Areas and also director of over 20 companies, will lead the BEE grouping. JCI says that about 75 percent of the empowerment joint ventures established by JCI will be absorbed into a single structure as a stand-alone listed entity. “This is the process that will allow the company to de-gear itself substantially,” said the report. The report notes that about two thirds of the group’s debt has been created in order to fund empowerment.


    Cash from the sales of JCI’s equity holding and of non-core assets to the BEE company will then be used to pay down debt. “Some of the shares to be received from this transaction could be realised or utilised to raise funding, which, together with cash received, will assist in the de-gearing of the balance sheet,” said the report.

  • Afrikander Lease

    MINING WEEKLY vom 30.11.04
    ========================


    AFLEASE will über Kunden für URAN die Produktion finanzieren.

    Der Plan ist nicht neu.

    gogh



    Aflease, Nufcor sign deal
    --------------------------------------------------------------------------------

    In line with Aflease's strategy to realise value in its world-class uranium resource, the group announced yesterday that it has signed a memorandum of understanding (MOU) with Nufcor International Limited (NIL), a world leader in the marketing and distribution of nuclear fuel components.


    This follows the Aflease board's announcement on earlier this month that it had approved R21-million to complete a feasibility study on the first phase of a project to mine the group's uranium resource. This phase is expected to be completed in June 2005.


    In terms of the MOU, NIL, which is a UK-based company equally owned by AngloGold Ashanti and Rand Merchant Bank, a division of First Rand Bank, will now be the exclusive global marketer and distributor of Aflease's U308 uranium oxide concentrates.


    Aflease has also secured the services of Turgis-Ukhozi Consulting Engineers, an international mine design company, to design and plan the mining of the resource.


    Bateman Africa has been appointed to design and manage the process engineering aspects of the project.


    “We have made good progress in our strategy of creating a focused uranium company,” Neal Froneman CEO of Aflease said.


    “Bedding down quality partners to assess and design the mining of our uranium resource as well as to facilitate marketing and distribution, is an important step forward in maximising the value of our uranium resource.”


    The new mine is expected to be commissioned by the end of 2006 and will be designed to achieve an annual output of four-million lbs over a 30 year life. Annual gold production will be approximately 90 000 oz and will be an important by-product ensuring the mines competitiveness in the international arena