Beiträge von gogh

  • Aufruf an den User btrend

    etwas SGW gekauft.

    Es gibt zur Zeit ca. 20% Rabatt wegen der

    "Katatrophenmeldung" von gestern.

    Vielleicht wird der Rabatt noch größer.

    Man weiß ja nie, was das Publikum draus macht.


    gruss

    gogh

  • Wheaton River Merger

    "7 Brücken mußt du gehen"

    Oder

    "Palavern wir ausgiebig"


    IAMGOLD erhält auf diese Weise kräftig Publicity.

    Substanzstark war Iamgold schon lange

    Jetzt wird es publik


    gogh




    Iamgold Says 7 Companies May Consider Rival Bid to Golden Star
    =========================================================


    July 13 (Bloomberg) --


    Iamgold Corp., which has invoked a so- called ``poison pill'' plan to delay a hostile takeover bid by Golden Star Resources Ltd., said as many as seven mining companies had expressed interest in making competing bids.


    ``They haven't made any offer,'' Iamgold Chief Executive Joseph Conway, 47, said in a phone interview from Toronto. ``They've just expressed their interests and are willing to sign confidentiality agreements.''


    Toronto-based Iamgold was forced to scuttle a planned takeover of Wheaton River Minerals Ltd. last week after shareholders voted to reject it. Iamgold shares have risen 14 percent since then, and the company today invoked a ``poison pill'' plan to get more time to consider its options.


    Conway declined to identify any of the potential suitors, which he said would likely be companies that share interests in projects with Iamgold or have operations in the same regions. Iamgold's South Africa-based venture partners are AngloGold Ashanti Ltd., the world's second-largest gold producer, and Gold Fields Ltd., the fourth largest.


    ``Anybody who works in the region or is our partner is a likely candidate,'' Conway said. ``I'm not suggesting Gold Fields or Anglo are part of it. I'm not denying or confirming that they are a part of it.''


    Littleton, Colorado-based Golden Star offered to pay 1.25 shares for each Iamgold share, valuing Iamgold at C$8.19 a share or C$1.24 billion ($940 million). This represents a 5.2 percent discount to Iamgold's closing price of C$8.64.


    Offer `Inadequate'


    Golden Star's offer ``is inadequate, so if they actually want to talk about doing a transaction with us, then do something with the price,'' Conway said.


    Golden Star's offer expires on Friday and the company declined to say if its offer will be extended.


    ``There is a whole range of possibilities and right now we're just trying to figure out which ones we are going to pursue,'' Golden Star spokesman John Lute said.


    Shares of Iamgold fell 10 cents, or 1.1 percent, to C$8.64 on the Toronto Stock Exchange. Golden Star fell 7 cents to $4.97 in American Stock Exchange composite trading.


    Under the ``poison pill' plan, which expires Aug. 15, Iamgold shareholders have the right to acquire new shares at half the prevailing price if any prospective bidder holds more than 20 percent of the shares.


    ``When we were under the agreement with Wheaton, we could not solicit or entertain other offers,'' Conway said. ``Once the vote was dealt with, the board had to sit down and decide what's the next step.''


    Mining Partners


    Iamgold and AngloGold are venture partners in the Sadiola and Yatela gold mines in Mali, West Africa. Both companies also have two gold exploration ventures in Brazil.


    Gold Fields operates the Tarkwa and Damang mines in Ghana. Iamgold has an 18.9 percent stake in both mines. Gold Fields and Iamgold also have an exploration venture in Ecuador.


    ``It's a process now where we have to get information to'' those companies that had expressed interests, Conway said. ``They'll look at our data and then come back to us prior to Aug. 15 and make a proposal.''




    To contact the reporter on this story:
    Choy Leng Yeong in Chicago clyeong@bloomberg.net

  • Aufruf an den User btrend

    @hpoth,

    Queenstake hab ich nachgekauft um das Gegengewicht

    zu den Rand-GM zu halten, die ich aufgestockt hatte.

    Der Rand ist gegenüber dem US$ stark, also sollte


    es ein pit in USA sein.


    QRL gefällt mir nach wie vor, sonst hätte ich eine

    andere GM genommen.






    Gruss

    gogh

  • Lupos Schmuddelecke

    allmählich kehrt Witz ins Board ein.

    Die Online-Krawatten der Phantom-Banker kommen aus der Mode.


    Überlegt mal ob Südafrikan. GM´s trotz starkem Rand zur Zeit billig sind.


    Goldfields leidet zusätzlich darunter, daß Anglo seinen Stake

    verkauft hat. Und ausgerechnet Russen eingestiegen sind.


    Nur Schröder bescheinigt Russland ein Hort der Rechts-

    staatlichkeit zu sein. Das raubt Putin den letzten Rest

    Anlegervertauen.


    Schröder macht weiter.

    gogh

  • Aufruf an den User btrend

    heut einige Sino Gold gekauft.

    [Blockierte Grafik: http://www.gadflyonline.com/11-5-01/dubu-sign.jpg]


    Jean Dubuffet hat sich von Kindern u. Verrückten inspirieren

    lassen. Das Plakat ist anscheinend am Centre Pompidou, Paris,

    befestigt anläßlich einer Ausstellung.

    Habe vor Jahren mal 2 Plakate in Originaltechnik Litho

    für zusammen 300 DM ersteigert. Letztens wurden

    die gleichen für 850 US$ das Stück verkauft.


    Es gibt ein Leben nach dem PoG.





    gogh

  • Südafrika Rand

    Habe selbst großen Anteil Kaffern-GM im Depot.

    Mir kommt das zur Zeit noch alles ganz normal

    vor beim Rand-Kurs.


    Die Südafrikaner haben in den letzten Jahren

    vieles richtig gemacht und deshalb eine

    starke Währung. Die USA haben in den letzten

    Jahren .... und deshalb eine schwache Währung.


    Schröder will weitermachen ;

    also kann für Goldbugs in D nichts schiefgehen.



    Gruss


    gogh

  • Südafrika Rand

    Als normaler Verbraucher in südafrika sieht man das so

    wie in diesem Zeitungsartikel:


    gogh



    Confidence up as rand and gold surge
    ===================================


    July 09 2004 at 03:11AM

    By Renée Bonorchis and Dirk de Vynck


    It was a good day for South Africa on Thursday as the rand challenged the R6 to the dollar mark, gold stomped its way up to $406 an ounce, and retailer confidence reached its highest levels since 1988.


    Most attributed the currency's gains to dollar weakness in the light of US data this week which suggested that the pick-up in the US economy would not be a rapid as expected. Another of the reasons given was buoyant commodity prices which were boosting our commodity-based currency.


    Rudolph Vermeulen, a derivatives analyst at Global Trader, mentioned that the winning of the 2010 soccer bid, 10 years of democratic freedom and successful elections might all have contributed to the rand's four-year high on Thursday.


    Companies will bleat loud and long about the rand's strength
    Although the rand's strength will mean cheaper imported goods and overseas travel, some observers have warned that the persistent robustness of the currency will lead to job losses and falling tax revenues.


    More good news was data released by the Stellenbosch Bureau for Economic Research (BER) which showed retailer confidence in the second quarter of this year at its highest since 1988 as South Africans continued their spending spree.


    Earlier this week another survey showed consumer confidence at its highest level in more than 20 years.


    Lower interest rates and cheaper imported goods have prompted consumers to rush to buy fridges, stoves, household equipment and jewellery.


    The BER survey shows these sales are now slowing slightly but sales of food, beverages and groceries accelerated strongly in the second quarter.


    But, if the rand continues its trend John Chesters, head of portfolio management at Tri-Linear Asset Management said, jobs would have to be cut.


    And a squeeze on exporters' profits would mean less for the taxman and less for government to spend on infrastructure projects.


    Companies whose profits rely on exports have already taken a knock from the rand's perkiness, with the mines in particular cutting jobs as revenues in rand from gold and other metals have dipped.


    At the same time, rand strength has made imported clothing and other goods cheaper, putting more pressure on jobs in the beleaguered clothing and textile industries.


    But although many companies will bleat loud and long about the rand's strength, don't expect government to intervene.


    Annabel Bishop, South African economist for Investec said the South African Reserve Bank's mandate was to target inflation, not the rand. "We therefore would not expect any policy changes to the currency's current strength," she said.


    Bishop forecast an average of R6,90 to the dollar this year while Chesters said he did not see any reasons for short term weakness.


    "But I think R5,80 to R5,90 will be the maximum," he said.




    This article was originally published on page 1 of Cape Times on July

  • Aufruf an den User btrend

    heut´eine handvoll Africander Lease gekauft.

    Gefährlich, aber macht Spaß.



    Ist übrigens ein feiner Thread.

    Vollständige Bandbreite der Anleger-"Typen" repräsentiert.


    Gruss

    gogh

  • Aufruf an den User btrend

    Die Austral-Minen haben heute durch

    die Bank angezogen. Das hatten wir

    schon lange nicht mehr.


    @Patrone,

    die Nachgeborenen lieben ihre Charts

    und Wellen über alles. Dazu Veröffent-

    lichung von "Daten" in USA möglichst

    um 14.30 MEZ.


    Wir können froh sein, daß man uns

    netterweise duldet.


    Gruss


    gogh

  • Sitz u. Pits in Australia (Goldminen)

    Ulfur

    um Bendingo herrscht im Moment zuviel

    Jahrmarkt-Rummel.

    Die kann man sich ansehen nachdem

    der Rummel vorbei ist.


    gruss

    gogh





    Gold rush returns to Bendigo
    =======================




    By Mathew Charles
    08jul04
    VICTORIA'S 21st century gold rush stepped up a notch yesterday when Bendigo Mining revealed it had successfully raised $115 million to begin operations late next year.


    Managing director Doug Buerger said the historic mine, 850m under Bendigo's streets and abandoned in 1954, was destined to regain its crown as one of Australia's major gold mines.


    The news follows Ballarat Goldfield's announcement last week it had raised $27.2 million to resume hard-rock mining after an 88-year pause.


    Mr Buerger estimated the Bendigo mine would pump more than $200 million a year into the local economy once it hit full production in about 2010.


    And it will generate more than $2 billion in profits for its South African owners.









    Mr Buerger added the mine, due to begin operations towards the end of next year, would generate 140 jobs.


    Each new job at the mine will generate another two jobs indirectly, he said.


    The capital raising marks a major plank in Mr Buerger's six-year dream to put Bendigo back on the global resources map.


    However, he conceded to sometimes harbouring doubts over whether his dream was attainable.


    "Sometimes at three o'clock in the morning it can be pretty hard," he said.


    But he successfully swayed institutional investors from Australia, North America and Europe to stump up $100 million at 72 a share through a bookbuild to fund the mine following a three-week roadshow.


    Majority shareholders - Harmony Gold and General Oriental Investments - will sub-underwrite up to $15 million on top of the $100 million through a share purchase plan in a move that will dilute their holdings.


    Mr Buerger said the mine's first stage would generate 83,000 golden ounces annually for the first three years at a cost of $380 an ounce.


    Production would then ramp up to 185,000 ounces at just $240 an ounce - providing a further $100 million was raised. But he said the company's investors were there for the long haul.


    "People have come into this project not with a view on today's gold price or yesterday's gold price but a view that they want to be involved in the gold industry," he said.


    If all goes to plan the mine will hit full production in about 6½ years, producing 570,000 ounces annually.


    "At that stage we will be one of the biggest underground gold miners in Australia," Mr Buerger said.


    He said Bendigo would be "a long-life, low-cost gold mine" with an estimated life of about 25 years.


    The project will mark the first commercial gold production in Bendigo for more than 50 years. Gold was first discovered in Bendigo in 1851.


    Production in the area continued right through to 1954, after having unearthed some 20 million tonnes, before it was deemed too difficult to extract because of high water levels flooding the underground mines.


    But new technologies have prompted miners to take a fresh look at Bendigo as well as other gold hot spots that include Ballarat.


    Bendigo Mining's shares, which have been in a trading halt since July 1, last traded at 88c. Ballarat Goldfields shares closed at 9.6c.

  • Aktuelle Wirtschaftsdaten / Analysen und Kommentare

    @goldbugs,



    ich wollte mit dem Bild und seinem Untertitel

    sagen, die Statistischen Daten aus USA

    (Arbeitslosmeldungen in diesem Fall)

    haben keinen Einfluß auf den PoG.


    Mal davon abgesehen, ob dies zutreffend oder

    unzutreffend ist.


    Es hat natürlich keinen Zweck, eine für die

    Empfänger unverständliche Sprache zu

    sprechen.


    So gesehen bin ich dankbar für die Reaktion.


    gogh