Beiträge von gogh

  • Wheaton River Merger

    Jedenfalls braucht IAMGOLD kein Werbung zu schalten

    um bekannter zu werden.

    Grundsolide und dividendenfähig ist IMG schon lange.


    gogh




    TOTRONTO STAR Jul. 7, 2004. 05:19 PM






    Iamgold may try for bidding war, says analyst



    FROM CANADIAN PRESS


    Following the defeat of its plan to merge with a fellow Canadian gold miner, Iamgold Corp. is likely trying to stir up a bidding war to counteract a hostile takeover offer from south of the border, a gold industry analyst said today.
    "What I think will happen is that Iamgold is going to try to get other companies involved," said Michael Fowler, an analyst with Desjardins Securities.


    "That would force Golden Star to rebid higher."


    He named AngloGold and Kinross Gold Corp. of Toronto as examples of other miners that Iamgold may be soliciting after its shareholders voted down a proposed merger with Vancouver's Wheaton River Minerals Ltd.


    When asked whether Iamgold was reaching out to other mining companies, Iamgold spokesman Tom Atkins did not give a direct answer.


    "Obviously, as everyone has pointed out, we should be looking at a number of options and we are," Atkins said. "But there's no specific discussions."


    Golden Star CEO Peter Bradford said from Toronto on Wednesday that he wasn't too worried about other companies making an offer for Iamgold.


    "It's never a concern that you would put totally out of your mind but I think that at this late date and given the amount of time that Iamgold has been in play . . . it would be very unlikely."


    Golden Star has set July 16 as the deadline for Iamgold shareholders to tender to Golden Star's stock and cash bid, valued at $1.2 billion at Wednesday's share price.


    However, Fowler said Iamgold might get a reprieve if Golden Star extends its deadline.


    Fowler added that was a likely scenario because he didn't believe Golden Star, a TSX-listed company with assets in West Africa and operational headquarters in Denver, would receive the required 66 and two-thirds of tendered Iamgold shares by next Friday.


    "If I was a shareholder, quite frankly, I would probably just hang around and see what happens," Fowler said.


    "I wouldn't be rushing to tender to the Golden Star bid."


    Bradford admitted the July 16 date is not carved in stone but said he'd prefer to meet that target.


    "As we were prior to the meeting, we're now quietly confident about the level of tendering that we'll get in the next nine days," Bradford said.


    He also said shareholders shouldn't expect Golden Star to boost its bid again.


    "We've made what we believe is a full and fair offer and in increasing our bid last week we moved to the top end of our value range," Bradford said.


    Analyst Victor Flores, with HSBC in New York, said Golden Star probably has room to sweeten its already improved offer, while Canaccord Capital's Steve Butler characterized the Golden Star offer as "pretty full" and something that "Iamgold shareholders should endorse."


    Atkins said he didn't know whether Iamgold's CEO Joe Conway had been in touch with Golden Star chief executive Peter Bradford on Wednesday, but he reiterated that his company considered Golden Star's offer financially inadequate and a business combination strategically unsound.


    Bradford confirmed that Golden Star had asked Iamgold for due diligence access on Wednesday but had not received the go-ahead to take a closer look at its financials.


    Iamgold (TSX: IMG) closed up 76 cents, or 10 per cent, at $8.31 on the Toronto stock market. It traded at $9.35 the day the Wheaton-Iamgold merger was proposed in March.


    Analysts attributed Wednesday's stock price increase to arbitrage activity and the $10 (U.S.) jump in the price of gold. Flores said expected the share price to settle over the next week.


    Golden Star (TSX: GSR) gained 15 cents at $6.65 and Wheaton (TSX:WRM), which did not release the results of its shareholders' vote on the Iamgold merger, was down seven cents at $3.68.


    Shareholders of Wheaton (TSX: WRM), which produces gold and copper, are being courted by Idaho-based silver giant Coeur d'Alene Mines Corp. The U.S. company is willing to pay $2.7 billion in cash and shares for Wheaton.


    Coeur d'Alene shares (NYSE: CDE) lost 18 cents at $3.98 (U.S.) on the New York stock market.

  • Silberpreis manipuliert. Realer Preis 60$ ?

    yoyo

    in den Großstädten bieten viele Tankstellen

    keinen ÖlwechselService mehr an.

    Die können mit Flachmännern und

    belegten Brötchen mehr und schneller

    etwas verdienen.


    Ist ein Ölwechsel deshalb überflüssig.

    Oder hinkt der Vergleich allzusehr.


    Gruss


    gogh

  • Wheaton River Merger

    ja, und für Iamgold Aktionäre in einer guten

    Ausgangslage. IAMGOLD arbeitet nachhaltig

    mit Gewinn.


    Mit COEUR (nachhaltige Verluste) kenn ich mich

    nicht aus. Wheaton ist Newcomer, schwer einzuschätzen.


    Gruss

    gogh

  • SASOL, Ölgigant spezieller Art aus Südafrika

    fange mal ganz klein mit dieser meldung an:


    Sasol hedges a fifth of oil output at $31.85 a barrel
    =========================================



    Sasol had agreed to sell in advance a fifth of its fuel for this fiscal year to


    protect against a possible drop in oil prices, the company said on Friday.


    Sasol said it had sold 30 000 barrels of oil a day at an average price of


    $31.85 a barrel to hedge an element of its fuel income at relatively high


    oil prices.



    by Business Report on May 10, 2004
    =============================


    gogh

  • AVGOLD Übernahme durch Harmony, welches Umtauschverhältnis?

    Hallo Albrecht,

    hab´selber keine Avgold mehr, weil vor langer Zeit verkauft.

    Frage hat mich trotzdem interessiert.

    Schon weil Harmony vor kurzem per Squeeze Out meine Abelle Aktien

    bekommen hat.



    Folgendes hab´ich auf der AVMIN-homepage gefunden:


    "When will Avgold shareholders get paid out and what compensation will they get?


    The Avgold transaction is expected to be completed by the end of March 2004. At that time, Avgold shareholders that accept the Harmony offer, will receive 1 Harmony share for every 10 Avgold shares that they own."


    Den Wortlaut "that accept the Harmony offer" deute ich so:

    Das war kein merger (Verschmelzung).

    Wer nicht zugestimmt hat, behält seine Avgold. Also kein

    Squeeze out.


    Wie gesagt, das ist nur eine Interpretation des Wortlauts.


    Gruss


    gogh

  • Sitz u. Pits in Australia (Goldminen)

    Grüß Dich Hpoth,

    mein Minendepot hat es ziemlich erwischt. Das spricht

    nicht unbedingt für meine Kennerschaft.

    Zu Deiner Frage:



    Northern Gold
    ===========



    ist noch in einem sehr frühen

    Entwicklungsstadium. Die guten Goldgehalte

    zweifle ich nicht an.

    Aber selbst für den Tagebau muß enorm investiert

    werden. Santa Barbara hat letztens über ein

    Sale and Lease Back für einen Schaufelradbagger

    berichtet. Da konnte man rückrechnen, daß der

    Bagger (übrigens ein Deutsches Fabrikat)

    mindestens 5 Mio Aus$ gekostet hat.

    Was muß da an Straßen angelegt werden?

    Und das schwierigste, es gibt keine Verarbeitungsanlage.

    Ist Haufenlaugung zusätzlich nötig, je nachdem ob

    ob Sulfid usw.


    Da kann man zuwarten. Bevor Northern die 1. Unze

    Gold verkauft, sind mehrere Kapitalerhöhungen nötig.


    Herald
    ======


    Hab meine mit 50% Gewinn verkauft.

    Es hat mich gestört, daß HER 2 Ausgründungen

    für GM durchgeführt hat. Die sollen nicht

    beim Handelsregister brillieren, sondern

    im operativen Geschäft.

    HER ist aber durch die reichen Zinkvorkommen

    wieder ein Kauf, sollte der Kurs mal wieder

    30% zurückkommen.


    Alles "Ansichten eines Clowns" um

    Heinrich Böll zu sprechen.



    Gruss


    gogh

  • Western Areas WKN 854 633 ISIN ZAE000016549 WAR Oder Kebble´s Trojanisches Pferd

    [Blockierte Grafik: http://www.tanzbilder.de/all/Images/92.jpg]

    South Africa's Rand Logs Third Weekly Rise as Gold Gains July 3 (Bloomberg) -- South Africa's rand rose to its highest versus the dollar in 4 1/2 years, logging its third weekly gain, as a slowdown in U.S. jobs growth in June sparked a drop in the dollar and drove up gold.


    The value of gold, South Africa's biggest export, surged yesterday after the Labor Department reported U.S. employers added 112,000 workers to their payrolls in June, less than half the 250,000 median forecast of 73 economists. Other dollar-denominated metals may follow suit in coming months.


    ``The commodity outlook remains promising,'' said Cees Bruggemans, chief economist at Johannesburg-based FirstRand Ltd., the country's second-largest bank by assets, in a report. ``Together with our improving external finances, it seems to be creating more upward pressure on the rand.''


    The rand soared to as high as 6.1005 per dollar on Friday, the strongest since Jan. 21, 2000. It closed at 6.11 in Johannesburg, an advance of 3.2 percent on the week. Against the euro, it closed at 7.527, a weekly gain of 2.2 percent.


    Raw materials and processed commodities such as gold, platinum, copper and coal make up 60 percent of South Africa's exports. The rand rose to its highest against the dollar this year yesterday as the gold price surged above $400 an ounce.


    The jobs data supports the Federal Reserve's forecast of ``measured'' rate increases this year, said Christiaan Prins, an economist at Cape Town-based Sanlam Investment Management, South Africa's third-largest money manager with $33 billion of assets.


    ``The Fed may be measured both in terms of the amount and the frequency of increases,'' Prins said. ``The dollar will probably remain under pressure.''


    A ``measured'' pace of interest-rate increases won't be enough to bolster the dollar against currencies including the euro, said Jim McCormick, head of global currency research at Lehman Brothers Holdings Inc. in London.


    Gold, South Africa's biggest export, which accounts for 13 percent of export earnings, has climbed 12 percent in dollar terms in the past year. Platinum, which accounts for 9 percent of exports, has gained 17 percent in the same period.

  • ****Diskussionen & Beiträge zu den Goldseiten-Musterdepots****

    Der GOSSAN-Aktienkurs ist seit Eröffnung des

    Musterdepots Spekulativ prozentual am stärksten

    unter die Räder gekommen.

    Für den Kurseinbruch sind bis jetzt keine speziellen

    Informationen verantwortlich.

    Die Goldaktivitäten sind vielversprechend.

    Geplant ist die "Reaktivierung" eines historischen

    "Goldbelts" in Manitoba Ca.

    Würde sich GOSSAN darauf beschränken, wäre

    das eine feine Sache.

    Mir gefällt nicht, daß GOSSAN ebenfalls PGM und

    Basismetalle verschiedener Art exploriert; sogar

    Sofware für Versicherungen entwift.

    Das kann keiner alles im Griff haben..


    Die Bilanz scheint aber sauber zu sein.


    Wenn ich das richtig verfolgt habe, sind die Umsätze

    mit Gossan-Aktien sowohl in Ca als in D gering.




    Bin noch "am überlegen". Vielleicht mit einer kleinen

    Position antesten?


    Gruss


    gogh

  • Südafrika Rand

    @Option,

    weil der PoG wahrscheinlich steigen wird,

    ist das mit dem starken Rand nicht so schlimm.

    Soweit d ´accord.


    Das mit dem "Schweizer Franken" vonwegen

    Goldland Südafrika ist mir zu euphemistisch.

    Dafür sind die "strukturellen" Defizite dort zu groß.

    Das geht von Aids bis Kriminalität.


    Es kann aber passieren, daß vorübergehend

    der Idealfall eintritt steigender PoG und

    fallender Rand gleichzeitig.

    Allein die theoretische Möglichkeit

    federt die SA-GM Kurse vor dem freien Fall ab.


    Gruss


    gogh