Beiträge von heron

    Jo Tschonko,
    Arian ist schon eine Blick wert. Sicherlich auch einen zweiten :D


    KBX mit PP über SP, auch nicht schlecht
    KIMBER COMPLETES C$5 MILLION PRIVATE PLACEMENT AT C$1.25/UNIT


    Neues vom 'Ring of Fire', da tut sich was...
    Spider Resources Inc.: More Massive Chromitite Continues to Increase Size of the Big Daddy Chromite Occurrence


    Und im Valley sucht man nun den der das Licht ausmacht :huh:
    Sterling Mining Company Faces Additional Litigation


    VG heron

    AMC.TO mit PP. Da frag ich mich wieviel Cash die wirklich brauchen, denn es soll ja in ein paar Monaten auch die zweite Mine in Produktion gehen.
    Alexis Minerals Announces $3 Million Flow Through Financing


    FVI mit Resultaten für San Jose. Wo bleibt denn die Resourcenschätzung?
    Fortuna's San Jose In-Fill Drilling Returns 29.1m @ 6.8 g/t Au + 933 g/t Ag


    Lucky
    Hab ich auch nicht gewusst, aber zum Glück gibt's ja Wikipedia:
    "The catbird seat" is an idiomatic phrase used to describe an enviable position, often in terms of having the upper hand or greater advantage in all types of dealings among parties. "In the catbird seat" was among the numerous folksy expressions with which the legendary baseball broadcaster Red Barber delighted listeners. Some say he invented the expression; others say that he dug it up from his Southern origins...


    VG heron

    Tschonko
    Die Excel-Tabelle kann man bearbeiten, man kann dort umblättern um von der Introduction zu Table I zu kommen.


    @Silbernugget
    Wie wär's mit ROF? Das ist die Abkürzung für ring of fire - zB UC.V ist jetzt interessant, es gibt bald ein erstes kleines Bohrprogramm von 2500m, außerdem beginnt die Produktion in Mexiko. Kurzfristig sind auch Problemfälle interessant wie BGL.V, wo alle auf das Ende des Prozesses warten. Mittelfristig können nicht nur kleine sondern auch größere Explorer sehr erfolgreich sein, also Companies mit mehreren Projekten wie zB KXL.V, oder auch Produzenten mit aussichtsreichen Properties ... da gibt es viele ^^


    VG heron

    Metanor Drills 6.12 g/t Au Over 37.8m (36.1 m True Width) 80m South of the Open Pit at Barry :)


    VAL-D'OR, QUEBEC--(Marketwire - Sept. 18, 2008 ) - Metanor Resources Inc. (TSX VENTURE:MTO) is pleased to announce positive and encouraging results from its drilling campaign on the Barry property. Diamond drill hole MB-08-297 intersected a wide mineralized zone grading 6.12 g/t Au over 37.8 m. This mineralized zone is located 80m to the south of the open pit, at 25m below surface and results obtained confirm the significant potential for additional resources in this gold bearing zone. (...)


    VG heron

    Wo bleiben die Zahlen?


    Tschonko,
    das frag ich mich auch, obwohl die eigentlich ok sein sollten. - Überraschend ist wie stark die Driller unter die Räder gekommen sind, EGD heute mit neuem Tief, auch bei den großen sieht's nicht besser, wie zB MDI.TO. Das war letztes Jahr ganz anders. Aber zur Zeit ist halt nichts wie es sein sollte...


    VG heron

    Ein neuer Trend? :huh:


    Goldcorp halts Pamour mining as gold prices slide
    Mon Sep 15, 2008 12:07pm EDT


    TORONTO, Sept 15 (Reuters) - Goldcorp (G.TO: Quote, Profile, Research, Stock Buzz) has suspended mining at its Pamour open pit in Ontario due to falling gold prices, a company spokesman said on Monday.


    Production statistics were not immediately available for Pamour, but spokesman Jeff Wilhoit said the mine was "not material" to Goldcorp's overall results.


    Pamour is one of three mines that make up the company's Porcupine operation at Timmins, Ontario. Porcupine produced about 300,000 ounces in 2007.


    "It's not much in the grand scheme of things, but it's kind of consistent with a flexible approach that we use in being able to skinny up operations to reflect prevailing market conditions," Wilhoit said.


    Gold has tumbled 20 percent in the past month. The spot price was around $778 an ounce on Monday.


    Pamour has also struggled with soaring costs over the past few years and ore grades that have fallen short of projections.


    Wilhoit said Goldcorp would revisit the possibility of reopening the mine at a future date, adding he did not anticipate other closures.


    "I wouldn't expect any further kind of slowdown anywhere else, but that's at today's prices," he said... quelle


    ---
    VG heron

    Genco ist auch heute wieder gestiegen, nun schon den sechsten Tag in Folge, irgendwie rätselhaft.


    Ansonsten sind wir ziemlich heruntergekommen, es stellt sich die Frage wann der Tiefpunkt erreicht wird und welche Companies sich dann am schnellsten erholen werden. Vermutlich sind's zunächst mal die großen.


    Hier noch ein Kommentar von Tom Szabo (gestern auf silveraxis.com)
    It’s pretty clear what’s happening–the market’s “frustration” is being taken out on silver. Why silver? I suppose because it is small enough of a market. And it’s not the only one. Heck, look at palladium: down 55% from a high of $579 to $259 today. Even platinum, with the very real threat of supply disruptions due to power issues in South Africa, is down more than 40% or almost $1,000 per ounce. There’s a metal pretty much nobody expected could possibly drop by that much given the fundamentals. Same deal with rhodium, down 60% from JUST 2 MONTHS AGO. It sure seems like the smaller the market, the more severe the fall has been. So, the answer to “why silver?” is “because they can”.


    VG heron

    Tschonko,
    Willkommen im September 8o


    Zur Zeit geht es den Commodities kräftig an den Kragen, und das 'große Bild' bleibt unklar...


    Kuriose Meldung con ECU, die wollten eigentlich gar nichts finden:
    ECU Silver Hits Gold at Depth
    ... The recent drilling did not intend to hit massive sulphides... The location and assay results of these new drill holes ... provides important information and ongoing evidence of a nearby large massive sulphide system at depth... Short of intercepting massive sulphides, these are the best results we could hope for :D


    Irgendwo aufgelesen: Die Top Picks von J.Puplava. Nettes Sammelsurium...


    VG heron

    Paramount hatte heute Trading Halt:
    Paramount Gold and Silver Corp. Discovers New High Grade Gold Body Named Clavo 66 With 26 g/t Au Over 2.2 Meters in the La Union Area at its San Miguel Project in Mexico


    Gute Resultate auch von KBX
    Kimber intersects high grade gold mineralization at Veta Minitas at Monterde


    Gut zu wissen:
    "The Board of Directors of Sterling Mining Company will continue the strategic review process announced on June 4, 2008."


    Mehr hatten die Herren Direktoren heute nicht zu sagen. -Ja wenn die Sterling ein vernünftiges Management hätt, dann könnt da noch was draus werden - und die MC ist auch nicht uninteressant...


    VG heron

    Artikel von Jim Willie CB
    Broken Systems & Dysfunctional Mechanisms


    Zitat: Examine the very great risks involved to dealers. They enter a contract, set a price, and promise delivery of gold or silver. They usually require some time to fill the order and execute on the contract. But nowadays, the strain and risk is greater. Imagine a $1 million silver order from a wealthy shrewd investor in upstate New York or San Francisco or Dubai or Tokyo or Singapore or Shanghai or Moscow or Zurich. Say the price is set for $13.50 per ounce, plus a vig for the dealer. Remember, an artificially low price creates ultra-strong demand against vanishing supply in shortages. What moron would dump silver at $13 but someone who must, or someone who believes Wall Street & USGovt propaganda, or someone who might be coerced by bankers? Given the Fascist Business Model at work, the Wall Street and USGovt messages are fully coordinated, down to reports of the USGovt Strategic Petroleum Reserve being available to tap in the event of a hurricane disruption. A powerful storm would lift the crude oil price and push down the USDollar again. The crude oil price reversed on Thursday in response to the official news report. The USGovt did not sell anything from the SPR in recent weeks, and will not again in future weeks, but propaganda moves sheep.


    So the silver dealer saddled with the risk of a big $1 million silver order must protect the business from risk. If the dealer struggles and scrambles to find the large supply necessary to satisfy the order, the dealer might have to pay up. An order that usually used to take a few days to fill might now take over two weeks to fill. The dealer must contend with big risks from the rigged market, whose price is artificial. The longer the rigged low silver price is in effect, the greater will be the disappearance of silver supply. That is how markets work. The presence of the powerful corrupt paper market atop the physical market is a big story of our times. Its resolution is not at all certain. The dealer can react to protect the business from acute risk by buying long silver futures contracts at the nearby month! So the abundance of gold & silver physical contract orders could easily result in a big surge in dealer hedging against their risk under unmet contracts. If this particular dealer is forced to fill the order at $14.50 per ounce instead, the loss is huge, enough to threaten the business. To purchase 74k ounces at $1 too high means simply around a $70k loss. Put a few such similar orders together, and the dealers shuts doors and is dead. Knock out a string of dealers and the problem becomes more severe to find supply to purchase. THE RESULT IS THAT DEALER HEDGING WILL EVENTUALLY ATTACK THE CORRUPT PAPER GOLD & SILVER MONOLITH.


    ---
    VG heron

    Energold Announces Record Second Quarter Revenue and Profit


    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 27, 2008 ) - Energold Drilling Corp. ("Energold") (TSX VENTURE:EGD) is pleased to announce record 2008 second quarter results. Gross drilling revenues for the second quarter were $11.4 million, up 91% from $6 million in the second quarter of 2007. Net income from continuing operations for the second quarter was $2.4 million, up 54% from $1.5 million. The Company ended the quarter with a very strong balance sheet with a fully consolidated working capital position of $43.6 million. Consolidated group cash and cash equivalents at the end of the quarter were $20.4 million.


    Second Quarter Results Comparison
    (Canadian $000's except per-share amounts and meters drilled)


    --------------------------------------------------------------------------
    Three months ended June 30 2008 2007 % Change
    --------------------------------------------------------------------------
    Revenue 11,399 6,302 81
    --------------------------------------------------------------------------
    Net Income 2,370 1,836(i) 29
    --------------------------------------------------------------------------
    Earnings Per Share - Basic 0.07 0.06 23
    --------------------------------------------------------------------------
    - Diluted 0.07 0.06 24
    --------------------------------------------------------------------------
    (i) 2007 Results include Continued and Discontinued Operations


    Energold has drilled a record number of meters for the second quarter of over 63,000 meters, up 65 per cent from 38,000 meters in the comparable quarter of 2007. For the first six months Energold drilled 120,000 meters (70,000 meters - 2007). Strong growth in Mexico and Africa provided, once again, the largest increases for the period.


    Energold commenced the second quarter with 49 drill rigs. Through the quarter, 20 additional drill rigs were added bringing the total number of rigs operating or being mobilized at the end of the second quarter to 69. However, the effect of these additions on revenues and meters drilled will not become apparent until the second half of the year. Six of these newly added rigs came through acquisition, the remainder through organic growth. Energold ordered another seven drills subsequent to the end of the second quarter. They are anticipated to be delivered over the next three to four months.


    Energold's rapid expansion of its drilling capacity is designed to respond to continued significant demand in its industry segment. By the end of the second quarter, the average revenue per meter had risen to $179 per meter compared to $135 per meter in 2007.


    Investment in drilling supplies inventories to support continuing operations increased to $14.4 million, up from $8.7 million at December 31, 2007. The increase in the carrying values of inventory is attributable to: higher supply prices, outfitting new drill rigs and the decision to increase inventories in the field. Due to the need to be self-sustaining in remote operating locations, Energold estimates that it requires an investment in inventory of approximately $225,000 for each new drill that is put into the field. In certain countries, the Company has also built strategic inventories in order to reduce time delays experienced in clearing customs.


    Of the more than 15 countries with ongoing operations, Mexico has become the largest. Energold had approximately 15 rigs in Mexico at the end of the quarter, with two more being mobilized in comparison to four rigs at the end of March 2006. Clientele are primarily larger companies with a considerable portion of the drilling occurring at either existing mines or major projects with multiple drills. With additional crews and improved local logistics, additional rigs (including two underground drills) will be added in response to the continuing demand for the balance of 2008. Energold anticipates ending the year with approximately 20 rigs in Mexico.


    Energold is now active throughout most of Latin America and has currently 13 rigs in sub-Sahara Africa, with five more to be delivered to Africa in the third quarter of 2008.


    Energold will be discussing its 2008 Second Quarter Earnings results and hosting a question-and-answer period via a conference call at 1:00 pm ET, 10:00 am PT, Thursday, August 28, 2008. The dial-in numbers are (416) 695 9745 and (800) 355 4959. The webcast (audio only) can be accessed at: http://events.onlinebroadcasti…energold/082908/index.php.


    Energold Drilling Corp. is an environmentally and socially sensitive diamond drilling company that services the mining industry. Energold holds 6.6 million shares of IMPACT Silver Corp.


    On behalf of the Directors of Energold Drilling Corp.,


    Frederick W. Davidson, President, CEO

    Sehr gute Meldung von PZG:
    Paramount Gold and Silver Corp. Acquires 100% of the San Miguel Project


    San Miguel ist das Top-Projekt von PZG (wobei anzumkerken ist dass das benachbarte Clavo 99 -Projekt von PZG noch besser zu sein scheint)
    Mir ist unklar warum Tara Gold nun ausgestiegen ist. Und der Chef von Tara freut sich sogar: :D
    Mr. Francis Biscan Jr., President of Tara Gold Resources, stated, "Consolidation of this prospective region is the most expedient way to realize the full potential of this discovery. With this sale, we are able to continue to participate in the substantial upside potential of this project, and the larger region, through Paramount's additional land holdings, while re-directing our resources towards 100% owned projects. San Miguel was the first mining project acquired by Tara and is now the first project monetized at a substantial benefit to Tara Gold and its shareholders. Our goal is to build on this success." quelle


    SRLM: Neues von der Komikertruppe aus dem Valley
    Sunshine Calls on Sterling Mining Company to Comply With Lease, Federal and State Law


    VG heron

    Feine Meldung :)


    Hier der Kommentar von Mexico-Mike:
    The Zacualpan Northwest concessions were staked about a year ago, and the company waited all that time for the Mexican government to confirm title and ownership. That may seem to be overly conservative, but just keep in mind how many other projects are in dispute. It was a smart call to go out and stake the rest of the district, and then to await full confirmation so that it did not blow up on them if another party emerged with a land claim in the interim. The staking costs were marginal, but the value of that property will grow exponentially as IPT continues to grow their base of operations. It means that no other company can become established in the region except through the consent of IPT.


    The other past producing mine claims that were acquired from private vendors are also projects that have been under active negotiation for more than a year. Again, I am sure they were acquired at terms that are good for shareholders because that is how Fred works.


    The bottom line is that IPT now controls one of the best districts in Mexico, and has the whole thing. It is a miracle to me that a tiny junior could go ahead and assemble all of that prime property area, so cheaply, and in the midst of a bull market. Given that over 1000 old mines and workings have already been identified on the original 175 sq Km of land holdings, I wonder what the inventory of targets will look like a year from now when they have gone to check out the new properties.


    Congrats to Fred and all IPT shareholders.
    cheers!
    mike

    GOG und ECU, San Diego Property
    Golden Tag Resources Ltd. and ECU Silver Mining Inc.: Additional High-Grade Silver Intercepts and New Veins at San Diego Property, Mexico


    Auch Rubicon /RMX diese Woche mit guter Meldung und Kursanstieg.


    Ebenso Kursanstieg bei Spider Resources / Ring Of Fire - nach dieser Meldung
    Freewest, Spider and KWG Intersect 45.6 Metres of Massive Chromite in Continuing Drilling Program at McFaulds Project, Ontario
    Bleibt die Frage was eigentlich UC.V macht. Im Herbst soll es ein Drill-Programm im ROF geben, und der Produktionsstart in Mexiko steht kurz bevor. Könnte interessant werden.


    VG heron