Beiträge von heron

Tschonko
Ich vermute dass sich Hochschild vom Moris-Projekt komplett zurückziehen wird. Nun ist das irgendwie eine zwielichtige Sache, weil Hochschild 19% an Exmin hält. Was wird da eigentlich gespielt? Möglicherweise will sich Hochschild eines von Exmin's Filetstücken unter den Nagel reißen...wäre das dann ein guter Deal für Exmin?

VG heron

Fortuna hat Zahlen vorgelegt

Hier ein paar Zitate:

For the last quarter of 2007 the Company recorded record net income ...

For 2007 operating activities generated a net cash amount of $13.24 million...

The Company's cash resources and liquid investments increased during the year ended December 31, 2007 by $45.60 million to $47.24 million...

As at March 21, 2008 the Company has 9.68 million warrants outstanding with expiry date of July 11, 2008 and a strike price of $2.30...

VG heron

132 Meter
Minera Andes drilling cuts 132 meters (433ft) of 1.11 percent copper at Los Azules project

Und zum San-Jose-Projekt gibt es Zahlen von Hochschid.
Zitat:

Das ist viel mehr als im 43-101-Bericht angegeben (Ag 430 gpt, Au 6,79 gpt)

VG heron

Ein paar Meldungen

Bei EXN geht der Chef und Gründungsvater - unklar warum, eine Begründung wird nicht angegeben
Excellon's President and CEO Steps Down

Weitere Meldung von EXN.TO, Konstruktion der Mill wie erwartet
Excellon's Directors Approve Mill Construction

EXM.V: Auf Moris sollen dieses Jahr 25,000 oz Au und 60,000 oz Ag produziert werden, Q1 läuft planmäßig. Dazu Meldung von Hochschildt:
Hochschild Mining plc Quarterly Production Report and Interim Management Statement for the three months to 31 March 2008
Zitat: MORIS (1)

CNU.V: Neuer Fund beim Tres-Hermanas-Projekt in Mexiko
Continuum Reports 367.8 g/T AG, 7.48 % Pb and 6.06 % Zn over 1.9 metre

SST.V - Mega Silver
Mega Silver Inc.: 5,000m Drill Programs Planned at Promontorio and Montoros

VG heron

Tschonko
SRLM hat letztes Jahr fast 19 Mille Verlust gemacht, etwa 18 im Valley und eine halbe Mille in Mexiko...
Das nächste PP kommt bestimmt ...

VG heron

Ausführlicher Report von Howlett Research zu MTO.V

VG heron

Artikel über SRLM von OTC Stock Review.

VG heron

Tschonko
Hast recht mit den Zahlen - GGC hat dieses Jahr schon jede Menge eingekauft, unter anderem auch eine alte mill.

VG heron

Genco hat zur Zeit über 11 mio Cash, wird aber noch jede Menge in den Ausbau der Infrastruktur investieren. Irgendwie schwer durchschaubar, wieviel Geld in den nächsten zwei Jahren benötigt wird. Aber ein PP ist vorerst nicht geplant, und die Feasibility Study soll im August kommen.

Hier der Ausblick für 2008 (Quelle MD&A, sedar.com):

The 2008 financial year is expected to be a significant year in the Company’s development. Continued exploration of the Temascaltepec District is planned as well as mine development at La Guitarra Mine and Mina de Agua. Planned areas of focus during 2008 include: infill drilling, metallurgical test work, mine development, environmental studies, mine planning and design, land acquisition, permitting, equipment procurement, training, infrastructure works and construction.

Management is dedicated to realizing the potential of the Temascaltepec District in the shortest time frame possible. It is common in the mining industry for projects the size of the envisioned expansion at La Guitarra Mine to take five to seven years or more to move from initial drilling through development and construction to final completion and commissioning. Drilling at La Guitarra Mine began in late 2006, and the Company’s management has developed an aggressive exploration, development and construction plan with new mill and mine commissioning scheduled for the second half of 2009.

During the year, management expects to continue work on infill drilling around La Guitarra Mine and at Mina de Agua in order to provide essential data for the completion of the Feasibility Study and development of a final mine plan for each area. As infill drilling at La Guitarra Mine is completed, the Company expects to move some of the drill equipment to other areas of the District to begin reconnaissance drilling aimed at identifying resources for potential future development.

The Company has taken a proactive approach to the environment in the District which it expects will be advantageous in acquiring needed permits and in future community relations. Studies have been initiated not only in areas of interest, but throughout the District to develop base line data to be used to measure any potential impact positive or negative, anticipated or unanticipated as a result of the Company’s activities. A study has also been initiated to determine the exiting and indigenous flora and fauna in the District for future rehabilitation works and the controlled reintroduction of wildlife.

As a result of delays originating with analytical labs (assay labs) the Feasibility Study originally expected to be available to management in June is now expected to be available in August. This delay in receiving information is unfortunate, but Management is confident that this will not significantly affect permitting, financing or construction of the planned mine expansion and new mill.

In order to expand La Guitarra Mine, assist in mine design and planning, assure access for future exploration and mine development and provide security for the Company’s assets the Company has entered into negotiations with several community groups and private land owners to secure surface title to all the areas of immediate interest to the Company. These negotiations are expected to be ongoing throughout 2008. The Company is confident it will be able to secure title to the surface area it needs for the expansion of La Guitarra Mine prior to the completion of the Feasibility Study. As of the date of this MD&A the negotiations to purchase 420 hectares from the community of Godinez have been successfully concluded.

During 2008, the Company anticipates hiring additional contractors and staff to accelerate underground mine development at La Guitarra Mine and at Mina de Agua. This development will focus on accessing identified ore reserves and opening production faces for the anticipated production expansion to coincide with expanded milling capacity to come on line in 2009. With the completion of a mine plan the Company expects to begin development work to access bulk mineable surface and near surface ores.

At La Guitarra Mine, Genco anticipates significant infrastructure and construction projects during 2008 and 2009. Prior to the completion of the feasibility study management plans to upgrade communication systems, expand maintenance capabilities, increase air supply to the mine and commission a new expanded assay lab. As part of the Feasibility Study several design projects have been undertaken. These include design work for a new expanded tailings impoundment, an updated and expanded mine plan, design work for the construction of a leach pad and associated infrastructure and the design of a new mill and cyanide circuit. In the second half of 2008, when the Feasibility Study and design works are complete management plans to immediately initiate construction and infrastructure works aimed at having all works substantially complete by the end of 2009.

At Mina de Agua, new road access is planned for 2008 in order to reduce shipping times and costs associated with moving ore from Mina de Agua to La Guitarra Mill. Future plans at Mina de Agua include construction of office and maintenance facilities, expanded and upgraded electrical infrastructure and upgraded communications infrastructure.

Genco is aware that current high demand and prices for metals have lead to long lead times for the delivery of certain production and processing equipment as well as difficulties in obtaining technical assistance in a timely manner. In order to complete the planned expansion at La Guitarra with minimal delays management is taking a proactive approach to equipment sourcing and future construction. The Company has either purchased or entered into negotiations to purchase equipment identified as having long lead times. The most critical piece of equipment for mill expansion, ball mills, can take over 200 weeks from the placement of a firm order to delivery on site. For this reason, Genco purchased a used ball mill with a nominal capacity of 3,000 tonnes per day in February of 2008. The mill is currently being refurbished prior to shipment to site. Management is currently identifying contractors with the ability to complete the mine, mill and infrastructure expansions within the envisioned time frame.

During 2008, the Company plans to expand training programs at La Guitarra Mine in order to ensure that as the mine expands sufficient skilled labour is available. It is expected that, in the near term, it will be necessary to bring in skilled labour from other parts of Mexico to fill some positions created by mine expansion, but it is the Company’s intent to employ local labor whenever possible.

Genco believes continued exploration of the Temascaltepec District will lead to significant increases in reserves and resources and the discovery of new areas of mineralization. The Company is confident the planned expansion of La Guitarra Mine is only the first step in unlocking the District’s potential.
---
VG heron

AMC.TO: BTV-Business Television Features Alexis Minerals, hier das Video.

VG heron

Bei Genco gibt's Zahlen, und die sind nicht so toll, deutlich weniger produziert und gestiegene Kosten. Schon klar, dass da der Kurs weiterhin schwächelt.
Genco Reports Results for 2007

GPR.TO mit Nonevent
Great Panther Reprices Out-Of-The-Money Warrants and Options

VG heron

@SilverRules

Was soll denn an LO.V so toll sein? Bisher haben die nichts vernünftiges gefunden, und das Management ist jung und unerfahren. Unklar, ob da mal was draus wird.

VG heron

Tschonko
GGC ist charttechnisch sehr interessant: schaut man sich den Kerzenchart an dann sieht man dass gestern die Stimmung gedreht hat, und das bei hohem Volumen. Auch andere Charts drehen nach oben, heute zB IPT mit einem Kurssprung.

MexicoMike in seinem Forum zu RCT.V:

I have had Rochester Resources (V.RCT) on my radar screen for about a year, another low volume producer in Mexico that is worth a look. I opted not to buy in mid-summer hoping for a pullback, but the stock took off and I figured I had missed my chance. Well, maybe not...

The stock is now down by about 50% off the highs, which is pretty severe even by the standards of this correction for the juniors. I believe the reason is due to the cheap paper in the float that has been cashed in and sold off in a weak market. About 300,000 more warrants that are well in the money are set to expire within a month, and that may be the optimum buying point.

Overall, the company seems to be doing well both at the discovery and the operational level. The mine hosts high grade gold in very narrow veins. (Where have we heard THAT before...!).

I do a lot of research into a lot of stocks, and I typically own between 40-50 juniors in my PF. Corrections come and go, but the good companies that are tightly held, well-financed operators of good projects will post gains year over year, so it becomes an issue of timing buys at the optimum points to gain the best value. RCT is one that I will try to grab soon. GPR was another that I was set to buy when a bunch of warrants were coming due, and then it ran too quickly off the lows before I could get in. FR is another that I have nibbled and added to recently.

My advice: check the share structure and look for large blocks of cheap paper approaching expiry. You can get the best bargains while others are taking profits.

cheers!

mike

Und noch ein Zitat von Mike, er glaubt dass es dieses Jahr keinen sell-in-May geben wird:

I would think under normal circumstances we would be on the verge of the summer slow season for the mining stocks, as the sell-in-May and bugger off crowd does their thing. This year I am hopefull that seasonal decline will not happen, since so many of the juniors are already back at the 52-week lows. There does not seem to be much speculative excess priced into the sector, so who is left to sell? ECU is a good an example of that. We could always get more downside and in this crazy market I do not rule anything out, but I have to believe at some point the bias will be for bargain hunting. So many of the juniors have done a great deal to increase shareholder value over the last few years that is not discounted into the current share price. Money flow should start to re-enter the mining stocks if the metals begin to climb, and that rising tide will lift all boats.

-----
VG heron

Endeavour Reports Financial and Operating Results for 2007; Revenues Up 106%, Production Up 58%, Reserves Up 50%

Highlights 2007:
- Increased annual sales by 106% to $32.3 million.
- Increased silver production by 58% to 2.1 million oz.
- Increased proven and probable reserves by 50% to 14.9 million oz.
- Increased silver equivalent reserves and resources by 11% to 50.0 million oz.
(...)
Bradford Cooke, Chairman and CEO, commented, "Endeavour enjoyed its best year yet in 2007, setting records for the fourth consecutive year in annual sales, silver production and mine reserves.
(...)

Naja, ganz so toll war das letzte Jahr doch nicht: Es gab beachtliche 32 Mio Einnahmen, aber auch Probleme und deswegen 12 Mio Verlust Die Produktionskosten liegen bei der Hauptmine bei $7-$8 pro Unze Ag-Eq, eine Steigerung der Produktion und Senkung der Kosten wird erst für die zweite Jahreshälfte erwartet. Wenn alle technischen Probleme gelöst sind, sollten 5 Mio Unzen Jahresproduktion möglich sein.

VG heron

Bei SNN.TO musste der Chef gehen, vermutlich war Kings Minerals unzufrieden
San Anton Resource Corporation Announces Management Change

Meldung von FVI.V, diesmal das Mexiko-Projekt
Fortuna Cuts 7.1 Meters with 4.36 g/t Au and 302 g/t Ag in San Ignacio Zone at San Jose, Mexico

Und PZG hat wieder Trading Halt - frag mich wer da noch durchblickt
Paramount Gold and Silver Corp. Addresses Halt in Trading

VG heron

BUF.V - LV.TO
Buffalo Financing With Longview Capital Partners Cancelled

Da scheint wohl irgendwas schief gelaufen zu sein. Nun braucht BUF.V jede Menge Cash, möglich wäre der Verkauf des Aktienpakets von KNB.V, dort jedenfalls zur Zeit hohe Umsätze.

VG heron

Kaum zu glauben, es wurde Gewinn gemacht (vor allem dank Mega Moly)
Longview Capital Partners Earns $8.0 Million After-Tax in 2007

Zur Bewertung von LV, aufgelesen im SH Forum:
LV hat unter anderem folgende Aktien:

AMI Resources Inc 5,724,500
Buffalo Gold Ltd 6,590,000
CMYK Capital Inc 5,000,000
CUE Capital Corp 5,746,900
Macarthur Minerals Ltd 2,094,400
Mega Moly Inc 30,000,000
Nevada Copper Corp 1,300,000
Oriental Minerals Inc 11,005,100
Pacific Coast Nickel Corp 8,403,000
Pencari Mining Corp 5,407,500
Waratah Coal Inc 4,111,058

Das alleine entspricht zur Zeit etwa $36,866,962, also der MCap von LV.

VG heron

Erfreuliches von FR.TO
First Majestic Silver Corp.: Discovery of New High Grade Ore Shoot on the Vacas Vein at the La Parrilla Silver Mine

Auch AMC.TO mit Meldung. --Die sind ja auch saubillig geworden
Alexis Vests Into Seventeen Gold and Base Metal Properties in Central Val d'Or Mining Camp

VG heron

Zahlen von ADA.TO
Alles etwa 30% Prozent schlechter als vorausgesagt, aber eigentlich doch so wie erwartet, sind halt die üblichen Probleme beim Start-Up. (Mehr Info's bei sedar.com!)-- Spannend wird es erst wenn der Spin-off der Goldaktivitäten kommt.

Anbei noch ein Artikel über's Wetter etc
VG heron

Startup problems over, Coughlan says of mine
Gays River production to triple, Acadian Mining VP predicts

By STEVE PROCTOR Business Editor
Tue. Apr 1 - 4:47 AM

Production at Acadian Mining Corp.’s Scotia mine in Gays River was 15 to 23 per cent below projections for 2007, but company officials say they are already seeing production improvements this year.
"In the startup of many operations, there’s a hiccup or two and things that don’t go quite according to plan," company vice-president Terry Coughlan said in an interview.
"It was that way for us, but they are out of the way now and things are going smoothly."
Year-end financial figures released Monday show the company recorded $9.7 million in revenues, its first income as it moves from an exploration company to a producer of zinc and lead.
But despite the sales, most of which came during the last quarter, Acadian Mining still recorded a net loss of $5.3 million (five cents per common share). The loss was largely the result of costs associated with the commissioning of the mine, which is about 50 kilometres northwest of Halifax, and higher than expected production costs.
In a release, the company said production costs have decreased substantially in the early part of this year with results showing profits from operations of $401,696 in January and $1.4 million in February. Production levels for the month of March, however, will be affected by heavy rainfall and flooding that forced the shutdown of the pit pumps. Corrective measures were implemented to avoid future problems.
In 2007, the company spent $4 million on property acquisitions and $17.3 million on capital assets, most of which was used to bring the mine into production.
Production for the 2007 fiscal year was 9.5 million pounds of zinc metal in concentrate and 4.5 million pounds of lead metal in concentrate. This year, the company is targeting production of 30,000 tonnes of zinc concentrate and 12,000 tonnes of lead concentrate. That equates to about 34.7 million pounds of recovered zinc and 17.9 million pounds of recovered lead.
Mr. Coughlan said a tripling of production is realistic because most of the 2007 production came during the last few months of the year after commissioning was complete.
The company raised $27.7 million in capital during the year through the issue of new shares and the exercise of warrants. The funds were principally invested in capital assets ($17.3 million), mineral properties ($4 million) and working capital ($5.8 million).

The financials show the company also spent $1.6 million on its four gold properties in the province.

PZG - SEC

Ziel der SEC ist es gegen Corporate Hijacking vorzugehen. Hier nun ein Artikel über ein paar Gauner, Zitat: The SEC says the scheme worked this way: The thieves targeted companies that existed only on paper as corporate "shells" that still met the legal requirements to be publicly traded. They created a new corporation using the same name, then represented themselves to the SEC as officials of the original shell company. This enabled them to get a new CUSIP number for the company's stock, an identification number that allows a security to be traded.

Nun stellt sich die Frage wie PZG die CUSIP number erhalten hat. Und genau das ist das Problem:
Paramount Gold and Silver Corp. Update on SEC Temporary Trading Suspension

SNN.TO: Bericht von Haywood

VG heron