Beiträge von heron

  • Silber Companies - Liste und Neues

    Hatte befürchtet das neue Jahr würde langweilig werden :D


    BGL... ;(
    Es ist natürlich sehr unerfreulich, was da passiert. Vor allem kommt es zum falschen Zeitpunkt. Denn in der Frühphase des Produktionsstarts sind Juniors besonders anfällig. Insofern glaube ich nicht, dass der Kurs sich schnell wieder erholen wird. Wobei es sehr positiv ist, dass BGL schon bald 100% des Projekts kontrollieren wird. Insofern bin ich auch weiterhin sehr überzeugt von BGL.


    VG heron

  • Wie geht es auf dem Goldmarkt weiter

    THIS IS JUST THE BEGINNING - Artikel von Troy Schwensen zu Gold und XAU


    Zitat: The interesting thing is when we look at the XAU/Gold ratio we can see we are closer to the Buying Zone rather than the Selling Zone (Something we have not witnessed during the bull market thus far). Increased volatility is generally associated with big and fast movements. Precious metals equities tend to fall much faster than they rise, due primarily to these increased volatility levels at market tops. It is my belief what we are seeing right now is this same phenomena but in a bullish context, rather than a bearish one. This seems to be supported by the recent surge we have been seeing by the major precious metals companies (10%+ increases in 1 day have not been uncommon). With a XAU/Gold ratio at just 0.22 this would indicate that we have some ways to go before the major Gold shares will start to look expensive relative to the Gold price. At present Gold prices we should start to see some impressive profit reports over the next 3-6 months which should translate into further increases.


    VG heron

  • Silber Companies - Liste und Neues

    Zitat

    Original von gutso
    Auch schwer Gestutztes treibt im Bedarfsfall neu aus!


    gutso
    Den Spruch merk ich mir :D


    Tschonko
    Zu den Top Pics von Mexico Mike:
    GCU.V finde ich sehr intererssant und ist auch in meinem Contest-Depot. Das sind die mit dem Gallium-Projekt: 350.000 kg Gallium, entspricht vom Wert etwa 350.000 oz Au. Und dann gibt es da noch ein Gold-Projekt, das lange Zeit nicht profitabel erschien, aber nun besser ausschaut. Wobei man zum Gallium-Projekt sagen muss, dass alles seeeeeehr lange dauert. Da wurde schon in den 90ern gewerkelt. Und es gibt kaum Labors, und die brauchen Monate, wenn nicht Jahre um Ergebnisse zu liefern... Aber nächstes Jahr will man (angeblich :D) in Produktion gehen. ---Schaumermal.


    Shoreham Resources / SMH.V kenn ich nicht. Interessant scheint mir aber auch MacMillan Gold / MMG.V zu sein, die Mexico Mike in sein Contest Depot genommen hat.


    VG heron

  • Metanor Resources / MTO (CVE)

    Gute Meldung, das Permit ist da! :)


    METANOR RESTARTS THE BACHELOR MILL


    December 28th, 2007 - Val-dOr, Quebec, Canada: Metanor Resources Inc. (MTO: TSX-V) is pleased to announce that it received on December 21, 2007 its certificate of authorization concerning the restarting of the Mill at the Bachelor mine.


    The certificate of authorization was emitted on December 20, 2007 by the Quebec government and relates to the restarting of the Bachelor Lake mill located in the Lesueur township of the municipality of James Bay.


    This certificate was emitted in accordance with article 164 of the Environmental Law and allows its holder, Métanor, to complete the following work:


    - The restoration and the restarting of the Mill at the Bachelor mine.


    - All the work necessary to repair the tailings pond.


    - The installation of a temporary zone of storage of the ore (Ore pad).


    - The construction of all the camp buildings and a cyanide destruction unit.


    - Repair of the roads connecting the Barry site to the Bachelor mine.


    - Treatment of a bulk sampling of approximately 50,000 tons of mill-feed from the Barry site.


    At the Barry site which is located at 65 kilometers to the south-east of the Bachelor Mine, approximately 30,000 tons of ore were already broken and are presently being transported to the Bachelor mill.
    (....)


    VG heron

  • Silber Companies - Liste und Neues

    Wenn es rummst und kracht geht das Jahr zuende :D


    Obwohl es ja auch zwischendrin ganz schön gerummst hat, insbesondere im August. --Negativ waren dieses Jahr die Kostensteigerungen bei den Produzenten, da gab es nicht viel zu verdienen. Erfreulich hingegen war so mancher Explorer, insbesondere in Kanada gab es ein paar nette Stories...


    Mal schauen was das neue Jahr uns bringen wird. :D
    Wünsch Euch viel Erfolg!
    heron

  • Silber Companies - Liste und Neues

    Es ist natürlich eine sehr interessante Frage, wie man den Contest gewinnen kann. Ich hatte zunächst die Idee mir die größten Looser heraussuchen, also die Werte die in 2007 am meisten verprügelt worden sind. Aber irgendwie gibt es viel zu viele Looser... :D


    Lucky
    Ich mußte tagelang warten, bis mein Contest-Depot richtig angezeigt wurde. Also mach dir keine Sorgen.



    UC Resources Shareholders Update
    Schöne Übersicht von UC.V über den Stand der Dinge und die nächsten Vorhaben. Unklar bleibt, wieviel Geld ausgegeben werden soll. Es wird nur gesagt: '...the Company has the capital required to advance its numerous corporate objectives.'


    VG heron

  • Juniors aus Kanada

    GMX.TO: Übersicht über die wichtigsten Aktivitäten


    A Personal Note from the President of Globex to Shareholders (zu finden auf der Homepage http://www.globexmining.com/)


    ...it is clear that Globex has sufficient cash and no debts. We have developed a revenue stream which should come into full force in 2008 while other potential revenue streams, mainly gold, are progressing toward possible production. We have increased our asset base. We are exploring for our own account. In other words, we are doing what we said we would do, creating shareholder value. Yes that value goes up and down with metal prices and the Canadian dollar but this is in the normal course of business. For shareholders who have the stamina and long term vision, we are working for you as well as ourselves. Those day traders or shorters who don't share our vision have used the present uncertain market conditions to hurt the Company and its shareholders. There is little we can do to stop that other than try to get the story out and explain the exceptional value in Globex which we are unlocking over time....


    VG heron

  • Silber Companies - Liste und Neues

    Tschonko, Nugget,
    hab mich auch für den Contest angemeldet. Und inzwischen wird sogar mein Depot unter meinenm Namen angezeigt :D


    Ich hatte auch Probleme mit der Liste, da fehlt nicht nur die Cabo, sondern auch viele gute Explorer. Wobei mir die Liste nicht endgültig zu sein scheint, SNN und MTO sind wohl erst kürzlich dazu gekommen.


    Außerden habe ich mein Unwort des Jahres gewählt:


    Tax_Loss_Selling


    Ich kann es nicht mehr hören :D
    VG heron

  • Wie geht es auf dem Goldmarkt weiter

    HUI - Correction Over!


    Charts von Eric Hommelberg


    Na also :D :D :D


    Und Steve Saville schreibt:


    As noted earlier in today's report, if the gold sector quickly loses another 10% or so then it will be at the sort of oversold extreme that should be bought. Actually, the exploration-stage end of the gold universe is ALREADY at such an extreme. While the HUI has only just breached support and is still a very long way above the panic low of August, the exploration-stage stocks are in roughly the same situation now as they were at the height of the August panic. The difference is that they reached an ultra-depressed condition in a mad rush during August whereas they have reached a similar condition via a slow and arduous decline over the past couple of months. For investors with substantial exposure to the gold (and silver) explorers, August was like having a tooth pulled whereas the past several weeks have been like Chinese water torture.


    The small gold/silver stocks could weaken further if the gold-stock indices continue their declines over the next couple of weeks, particularly since we are now in the midst of tax-loss season. However, many small-caps have that 'sold out' look about them and managed to resist the downward pull of the big-cap gold stocks during the final two days of last week. It's possible, therefore, that we have finally reached the point where the upward pressure exerted by the buying of longer-term value-oriented investors is offsetting the downward pressure exerted by the general public's towel-throwing (most members of the investing public are not longer-term value-oriented investors, even if they think they are).



    VG heron

  • Silber Companies - Liste und Neues

    Artikel über die Kosten der Minengesellschaften - von Andrew Mickey, Editor, Small-Cap Commodity Prospector


    Why the Commodities Supercycle Just Got Longer


    The term “supercycle” has been batted around the commodities world for a couple of years now. To be honest, the term just reminded me of the dot-com days when we invented new terms and valuation techniques like price-to-eyeballs that allowed us to justify valuations that we now realize were completely absurd.


    As a result, I wasn’t willing to recommend going headlong into the commodities market. There were bound to be a few isolated opportunities in the sector as we neared the end of the commodities cycle.


    One-hundred dollar oils and sky-high commodities prices would eventually prove to be a drag on the world economy and commodity prices would fall due to lowered demand from a world economy that isn’t growing quite as fast. It’s Adam Smith’s invisible hand at work.


    But that all changed three weeks ago when a company in British Columbia, NovaGold (NG:AMEX) shocked the commodities world. NovaGold and its partner, Teck Cominko (TKC:NYSE), announced they would shutting down operations in Galore Creek copper-gold-silver project in northwestern British Columbia.


    Galore Creek was supposed to be one of the largest new mines in the world. It was expected to be so profitable that building a new road, a new power plant and all the other infrastructure necessary for a mine would be more than offset by the value of the mine’s production.


    It was so valuable that NovaGold was able to contract two of the world’s largest helicopters to transport large earthmoving and construction equipment into the remote Galore Creek region. That was how value the property was. Trucks and bulldozers were actually flown in while the road was being built.


    The size and value of the project was more than offset the initial capital costs, which were slated to come in at about $2 billion. But it wasn’t long until the costs started getting really out of hand. As the Canadian dollar rose in value, costs of putting the mine into production soared to an expected $5 billion and the expected profit margins from the mine shrank.


    With a $5 billion cost necessary to get the mine up and running, it just didn’t make sense economically. So it was shut down midstream.


    On top of that, Teck Cominco, which was funding a large portion of the capital costs out of its own pocket, already saw the costs at its other projects soar. In fact, it was already spending more than 150% of what originally had budgeted in 2007. And that increase was just necessary to keep on line with its timelines and projections.


    Over the past weeks, I’ve been crisscrossing Vancouver, visiting dozens of mining companies, and there is only one focus: capital costs. Since many advance-stage projects have to raise a few hundred million dollars to go into production or close down altogether, we’re at a major turning point in the current commodities up cycle.


    There is one top consideration that has to be made when choosing mining stocks: capital costs. Early-stage exploration is still going to have some big winners, but anything that’s been around for a few years is going to have to go big or go home.


    So what does all this mean? First, it confirms the commodities supercycle. The high capital costs are going to delay a lot of projects that were scheduled to go into production and bring more supply of copper, nickel, molybdenum, oil… pretty much every commodity.


    However, a lot of exploration companies are going to experience what NovaGold has gone through in this commodities cycle, which is already going to be a long one -- and could even be longer than we ever expected. =) Sure, at Small-Cap Commodity Prospector we’ll have to be even more selective. We’ve got the wind at our backs with news like this.


    The commodities bull market has even more years left in it now. As expenses continue to rise and reduce the number of economically viable projects, the commodities sector is going to be one of the top places to have your money.


    ---
    VG heron

  • Silber Companies - Liste und Neues

    Tschonko


    Bei GOG war man wohl nicht so erfreut über das Wörtchen inferred in der Resourcenschätzung von gestern. IMO denken da einige ziemlich kurzfristig.--A propos ECU: die sind zur Zeit die beliebteste Company bei Hommelbergs Wettbewerb. Hätt ich nicht gedacht. :D


    SNN.TO und KMN.AX beobachte ich sehr genau.
    Heute Mexico Mike zu SNN und dem Rückzieher von GG:


    Hi Guys!


    Here is how I look at it. Goldcorp inherited this project, along with many others. They had nothing to lose while SNN was spending all the money to earn their interest. Goldcorp is a company that does not want to play around with minority interests in large projects. Either they run the show or they do not get involved. Their strategy at Cerro De Gallo was obvious: they sat around waiting for SNN to finish the work, and then were hoping to buy the whole thing out cheaply. The problem is that SNN is majority owned by the Bolnisi Group, and is fully funded. So they could not close out a hostile takeover, and they could not waitout SNN as cash burned on a one-trick pony. In the end, they packed up their toys and went home, leaving SNN to eventually gain ownership of the entire deposit.


    Its that simple, IMO. Some people interpret that Goldcorp is walking away because they have no confidence in CDG. I beg to differ. If you look at the two biggest projects they are developing in Mexico, El Sauzel and Penasquito, they are both similar stories. Low sulfidation, low grade, disseminated gold-silver-base metals ore. I would also add that each of them underwent thorough exploration for many years to define the large bulk tonnage resource. As further work is completed at CDG, I would suggest that the potential is real for a similar size and resource deposit to be outlined. I am sure Goldcorp finds the deposit attractive, but it does not fit into their development strategy so they have gone in a different direction.


    One of the reasons I bought SNN is becasue they had raised a huge pile of cash to allow for funding an aggressive exploration program without dilution. The company does not effectively promote itself and that is why the share price is low right now. But I believe they have some new discoveries which will be announced in 2008, and there is time to crank up the promo wagon and move the stock much higher, effectively on the back of what could be one of the largest undeveloped deposits in North America. They will not have to go to market anytime soon, and when they do, they could probably raise another $5 million with minimal dilution.


    I also believe the company will have no trouble attracting a senior partner that does want to work with them when the time comes, or they could just vend off their bigger slice of the pie any of a dozen companies that would be happy to carry the ball.


    I do not speak on behalf of SNN and have no relationship with the company. Please take my comments as an opinion. I have never sold a single share of this company and I am prepared to stick around for the long term.


    cheers!


    mike


    ----
    VG heron

  • Endeavour Silver Corp./ EDR, EXK (TSX, NYSE)

    EDR kauft ein :)


    Endeavour Acquires San Pedro Properties In Guanacevi Silver District, Durango, Mexico


    Endeavour Silver Corp. (EDR: TSX, EXK: AMEX, EJD: DBFrankfurt) announces the acquisition of an option to purchase the San Pedro properties, located about 6 km northwest of Endeavour's operating Porvenir Mine, in the Guanacevi silver district, Durango State, Mexico.


    The 15 San Pedro properties (330 hectares) cover the heart of the historic San Pedro sub-district north of Guanacevi, and include the famous El Soto, Nuevo Australia, Noche Buena and Buena Fe silver mines. They boost Endeavour's land holdings in Guanacevi by 53% to 957 hectares, and give the Company a major new prospective area to explore for high grade silver deposits. (...)


    VG heron

  • Silber Companies - Liste und Neues

    Die folgende Meldung verstehe ich nicht so ganz. Hat Goldcorp kein Interesse mehr? Und ist das nun positiv für SNN? Kurzfristig wohl nicht, da mehr Kosten :(
    VG heron



    Dec 10, 2007 09:00 ET
    San Anton to Increase Project Ownership
    OTTAWA, ONTARIO--(Marketwire - Dec. 10, 2007) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES


    San Anton Resource Corporation (SNN:TSX) announces that it will sole fund the November, 2007 to October, 2008 budget for the San Anton property, located in the state of Guanajuato, Mexico. The property is currently 51 per cent owned by the Company and 49 per cent owned by Goldcorp Inc. Goldcorp has elected not to participate in the 2007/2008 budget and San Anton intends to fund the entire $10.8 million program on its own with the effect that Goldcorp's interest would be diluted to approximately 34 per cent. The 2007/2008 program will consist of ongoing metallurgical studies, a preliminary assessment and expansion drilling on the Cerro del Gallo deposit, and exploration drilling on other targets on the property. Goldcorp may elect to participate in subsequent programs.


    The Toronto Stock Exchange has neither approved nor disapproved the contents of this press release. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of San Anton are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the expectations of San Anton are detailed from time to time in the filings made by San Anton with securities regulators.


    For more information, please contact
    San Anton Resource Corporation
    Gregory Bowes
    President & CEO
    613-729-9006
    or
    San Anton Resource Corporation
    Christian Del Valle
    Manager, Corporate Development
    613-729-9006