Beiträge von GSP-Komet

  • Canyon Resources Corporation (amex:cau)

    Canyon Resources Reports Third Quarter Financial Results


    Last Update: 4:45 PM ET Nov 13, 2006


    GOLDEN, Colo., Nov 13, 2006 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU ) , a Colorado-based mining company, is pleased to provide a summary of the results for the Company's third quarter ended September 30, 2006.
    Financial Results
    We ended the quarter with $1.4 million of unrestricted cash and cash equivalents plus $4.5 million of short term investments. During the third quarter of 2006, cash and short term investments decreased by $2.2 million. Expenses and spending for the third quarter are broken down as follows:


    * General and administrative expenses amounted to $1.0 million.
    -- Includes holding costs at the Briggs Mine of $0.3 million.
    * Exploration expense amounted to $0.4 million.
    * Briggs Project capital spending amounted to $0.2 million for
    feasibility study engineering.
    * Kendall closure site asset retirement spending amounted to $0.4 million
    for capping the old leach pads and water treatment studies.
    * Working capital and other miscellaneous changes amounted to
    $0.2 million due partly to a build up of gold inventory that was sold
    in early October.


    For the three months ended September 30, 2006, we recorded a net loss of $1.2 million, or negative $0.03 per share, on revenues of nil. This compares to a net loss of $0.6 million, or negative $0.02 per share, on revenues of $0.9 million for the third quarter of 2005. The increased loss in the third quarter of 2006 compared to the same period last year was due primarily to the lack of gold sales in the current quarter, holding costs at the Briggs Mine, and increased exploration activities. For the third quarter of 2006, we had no gold sales compared to 2,048 ounces of gold at an average price of $445 per gold ounce for the same period last year. The London PM Fix gold price averaged approximately $622 and $439 per ounce for the third quarter of 2006 and 2005, respectively.


    aus:


    Canyon Resources Reports Third Quarter Financial Results

  • Compania de Minas Buenaventura (NYSE:BVN)

    The price of silver could hit $15 an ounce in the next few months, according to predictions of a new report from GFMS, out Tuesday evening.


    ...


    Such predictions will come as welcome news to owners of iShares Silver Trust (SLV ), the exchange-traded fund which holds silver bullion, as well as shareholders of silver miners, such as Pan American Silver (PAAS) and Compania de Minas Buenaventura (BVN).


    aus:


    Silver Seer Sees Surge

  • Newmont Mining Corp. / NEM (NYSE)

    Last Update: 4:51 PM ET Nov 16, 2006


    VANCOUVER, BRITISH COLUMBIA, Nov 16, 2006 (MARKET WIRE via COMTEX) -- Harvest Gold Corporation. (CA:HVG: news, chart, profile) (the "Company") is pleased to announce that it has signed a letter of intent to acquire the Rosebud gold mine property, Rosebud Mining District, Nevada. A compilation and review of archived project data is now underway.


    ...


    The property is comprised of 54 contiguous unpatented claims covering an area of approximately 1,080 acres (4.3 square kilometers) overlying the reclaimed Rosebud Mine, and surrounding area. The property was mined by Hecla Mining Company (HL ) and Newmont Mining Corporation (NEM ) as a joint venture with reported production from 1997-2000 of 386,247 ounces Au and 1,254,942 ounces Ag (Nevada Bureau of Mines and Geology, 2005, The Nevada Mining Industry 2004). This publication reports 1992 reserves/resources of 570,000 oz Au (0.362 opt) and 5.5 million oz Ag (5.5 opt).


    aus:


    Harvest Gold Signs LOI to Acquire Rosebud Gold Mine, Nevada

  • Newmont Mining Corp. / NEM (NYSE)

    EL SEGUNDO, Calif., Nov 14, 2006 /PRNewswire-FirstCall via COMTEX/ -- Computer Sciences Corporation (CSC ) announced today that it has signed a seven-year, $180 million information technology (IT) services contract with Newmont Mining Corporation (NEM ) , one of the world's largest gold mining companies.


    ...


    About Newmont Mining Corporation
    A leading gold producer with operations on five continents, Newmont is also engaged in the exploration for and acquisition of gold properties in some of the world's best gold districts.
    Employing approximately 28,000 employees and contractors worldwide, Newmont operates core assets in North America, South America, Australia, and Indonesia, with new mine projects currently being developed. Newmont also produces copper, silver, and zinc. Newmont is committed to high standards and leadership in the areas of environmental management and health and safety for its employees and neighboring communities.


    aus:


    CSC Signs $180 Million IT Services Agreement With Newmont Mining Corporation


    Last Update: 8:00 AM ET Nov 14, 2006

  • Newmont Mining Corp. / NEM (NYSE)

    If you're interested in adding some commodities to your portfolio, but are afraid of futures contracts or understanding the intricacies of the chemical, paper, and steel industries, then take a look at an exchange-traded fund that follows commodity companies. One of these ETFs is the Vanguard Materials ETF (AMEX: VAW).


    Top holdings of Vanguard Materials ETF include:


    Newmont Mining (NEM) Fund Weight 4,2%


    aus:


    The Best ETF for 2007: Vanguard Materials


    By Todd Wenning
    November 16, 2006

  • Newmont Mining Corp. / NEM (NYSE)

    Last Update: 1:07 AM ET Nov 14, 2006


    SYDNEY, Nov 14, 2006 (Dow Jones Commodities News via Comtex) -- Newmont Mining Corp. (NEM) Tuesday denied reports that the U.S.-based gold giant has made a new copper discovery in its Elang Dodo project in Indonesia.

  • AngloGold Ashanti -- AU, ANG (NYS, JSE)

    In his last letter, Dines reported himself bullish on gold and on the gold stocks, which he regarded as oversold. In his Precious Metals Portfolio, Dines was buying: Barrick Gold Corp. (ABX), Anglogold Ashanti Ltd. (AU ) and ASA Bermuda Ltd. (ASA ).


    In that portfolio, Dines was buying Pinetree Capital (CA: PNP) , Mega Uranium Ltd. (CA:MGA) , Frontier Development Group (CA:FRG) , International Uranium Corp. (CA:IUC) , Paladin Resources (UK: PLR) , Laramide Resources Ltd. (CA:LAM) and some silver stocks: Pan American Silver Corp. (PAAS) and Silver Standard Resources Inc. (SSRI).


    aus:


    PETER BRIMELOW
    Was Dines' day dawning? Looks like it
    Commentary: "Original Goldbug" has impressively reinvented himself

  • Richmont Mines Inc./ RIC (TOR, NYSE)

    Last Update: 9:36 AM ET Nov 7, 2006


    ROUYN-NORANDA, QUEBEC, Nov 7, 2006 (CCNMatthews via COMTEX) -- Pershimco Resources Inc. (CA:PRO) is pleased to announce that Mr Jean-Yves Laliberte and Mr. Jean Lafleur will be joining the Company's Board of Directors.
    Mr. Jean-Yves Laliberte, C.A., has been involved in every aspects of mining throughout his career, which has made him a leader in this sector. Involved with various mining companies, his ascension in the mine production sector, combined with a parallel academic career, permitted him to become Controller (1989-1994) and Vice-President, Finance (1994 to 2006) for gold producer, Richmont Mines Inc. M. Laliberte is also CFO for Scorpio Mining Corporation. All along in his career, M. Laliberte has been able to demonstrate at numerous occasion his capacities as a "mine builder".
    Mr. Lafleur, M. Sc., P. Geo., has worked as a geologist, exploration manager and vice-president exploration for a number of companies in Canada and overseas over his 25 plus year career, most recently with Placer Dome, McWatters Mining, Crowflight Minerals and Beartooth Platinum. For the past three years, he has been a Mineral Exploration Consultant, not only leading multi-disciplinary teams in the search for gold, base metals, platinum-palladium, nickel and uranium, but also in the marketing junior companies and projects to the investment community. He is a Director of Eloro Resources Ltd and Champion Natural Health.Com. Inc. M. Lafleur is also Chairman of the Board for NioGold Mining Corp.
    Pershimco President, Mr. Roger Bureau comments " We are delighted by the addition of a Mr. Lafleur and Mr. Laliberte so well versed in today's cutting edge exploration and mining technology, finance and marketing, who at the same time, carry more than 50 years in the industry. This is a significant addition to Pershimco growth prospects . (...)"
    ON BEHALF OF THE BOARD OF DIRECTORS
    Roger Bureau, President
    About Pershimco Resources Inc.
    Pershimco Resources Inc. is a Canadian based junior resource and exploration company trading under the symbol PRO on the TSX Venture Exchange. The Company holds 100% of several mining properties including the Courville Gold Project, near the Val-d'Or Gold Mining Camp, The Company also has an option to acquire 100% of a number of Canadian and Mexican properties including multiple properties in the State of Chihuahua. Mexico. Pershimco's wholly owned San Miguel Silver-Zinc Property, in the Cusi Mining District is under option to Dia Bras Exploration (CA:DIB) . Both partners are aggressively advancing the Property towards the pilot mining stage by the first quarter of 2007.
    The Company's strategy is to advance its exploration properties towards metal reserves and eventual production, covering the exploration and development of the Courville Gold Project. Pershimco's management expects positive results from the pilot mining program at San Miguel.

  • $GOLD:$SILVER Ratio u.a.

    "In a similar vein, if we look at the ratio of the S&P 500 to gold (below), it shows that stocks are down vs. the world's only true currency since July of 2005 (during a "great bull run" for stocks)."


    Using the Dow Jones Real Estate Index as a proxy, the picture is for real estate is nothing to write home about in gold terms (see chart below).

  • $GOLD:$SILVER Ratio u.a.

    Silver/Oil Ratio (SOR)


    $Silver:$WTIC = SOR = 0,214 (SMA 50: 0,188 > SMA 200: 0,169)


    $WTIC = $59,14 (SMA 50: 62,76 < SMA 200: 67,88)


    $Silver = $12,64 (SMA 50: 11,75 > SMA 200: 11,47)


    Durchschnitt der letzten 25 Jahre: 0,26 = 0,26 x $59,14 = $15,38


    Silver Cost of Crude Oil (SCCO)


    $WTIC:$SILVER


    aktuell: 4,68 (SMA 50: 5,35 < SMA 200: 5,97)


    Durchschnitt der letzten 25 Jahre: 4,38


    $59,14 : 4,38 = $13,50


    $Silver:$USD = 0,1474 (SMA 50: 0,1369 > SMA 200: 0,1323)


    mfg

  • $GOLD:$SILVER Ratio u.a.

    $Gold:$WTIC = GOR = 10,64 (SMA 50: 9,55 > SMA 200: 8,93 )


    $WTIC = $59,14 (SMA 50: 62,76 < SMA 200: 67,88 )


    $Gold = 629,20 (SMA 50: 597,67 < SMA 200: 604,58)


    $59,14 x 10,64 = US-$629,20


    langfristiger Durchschnitt = 15,2 = 15,2 x 59,14 = US-$898,92


    100 x $WTIC : $Gold = GCCO


    100 x 59,14 : 629,20 = 9,40


    langfristiger Durchschnitt = 7,2


    59,14 x 100 = 5.914 : 7,2 = US-$821,39


    mfg

  • $GOLD:$SILVER Ratio u.a.

    Der Gold- und Silberpreis performen derzeit die Indizes $HUI und $XAU out. Die Unternehmen aus diesen beiden Indizes $HUI und $XAU haben derzeit ein sehr großes Aufholpotenzial!


    $Gold:$HUI


    aktuell: 1,92 (SMA 50: 1,92 > SMA200: 1,86)


    $SIlver:$HUI


    aktuell: 0,0386 (SMA 50: 0,0378 = SMA200: 0,0353)


    $Gold:$XAU


    aktuell: 4,52 (SMA 50: 4,52 < SMA200: 4,34)


    $Silver: $XAU


    aktuell: 0,091 (SMA50: 0,089 > SMA200: 0,082)


    Zu bemerken ist das die in diesen Indizes vertretenen Unternehmen über einen Hebel gegenüber Ihren Basiswerten (Gold bzw. Silber) verfügen. Daher sollten diese beiden Indizes schon sehr bald wieder den Gold- bzw. Silberpreis outperformen! (Je höher Ihr Produkt im Preis steigt desto steiler steigt Ihre Gewinnkurve auch an.)


    $HUI:$Gold


    aktuell: 0,52 (SMA50: 0,52 < SMA200: 0,54)


    Hier kann man die oben genannte Outperformance von dem Goldpreis gegenüber dem $HUI auch erkennen.


    $HUI:$Silver


    aktuell: 25,90 (SMA50: 26,52 < SMA200: 28,53)


    Hier kann man die oben genannte Outperformance von dem Silberpreis gegenüber dem $HUI auch erkennen.


    $XAU:$Gold


    aktuell: 0,2215 (SMA50: 0,2213 < SMA200: 0,2312)


    Hier kann man die oben genannte Outperformance von dem Goldpreis gegenüber dem $XAU auch erkennen.



    $XAU:$Silver


    aktuell: 11,03 (SMA50: 11,26 < SMA200: 12,27)


    Hier kann man die oben genannte Outperformance von dem Silberpreis gegenüber dem $XAU auch erkennen.


    mfg


    Man kann nach meiner Meinung erwarten, das die beiden Indizes $HUI und $XAU schon sehr bald wieder ihre jeweiligen Basiswerte outperformen werden.


    Begründung:


    Ihre Hebel gegenüber ihren jeweiligen Basiswerten!

  • $GOLD:$SILVER Ratio u.a.

    Asset Deflation


    $INDU:$Gold
    aktuell: 19,05
    SMA50:19,65 > SMA200: 18,72


    Hier sehen wir wie der Dow Jones Industrial gegenüber dem Goldpreis sich im Aufwärtstrend nach oben befindet!


    schönes Doppeltop aber im Chart sichtbar!, wobei das letzte Hoch niedriger als das vorherige Hoch war! In dieser Woche wurde die SMA 50 unterschritten!


    $COMPQ:$Gold
    aktuell: 3,91
    SMA50: 3,77 > SMA200: 3,72


    Hier können wir sehen, wie sich der Nasdaq Composite gegenüber dem Goldpreis im Aufwärtstrend nach oben befindet!


    schönes Dreifachtop aber im Chart sichtbar! In dieser Woche wurde zuerst die SMA 50 unterschritten und dann am Freitag auch noch der SMA 200!


    $SPX:$Gold
    aktuell: 2,17
    SMA50: 2,24 > SMA200: 2,15


    Hier können wir sehen, wie sich der S&P500 gegenüber dem Goldpreis im Aufwärtstrend nach oben befindet! I


    schönes Doppeltop im Chart sichtbar, wobei das letzte Hoch niedriger als das vorherige Hoch war! Am Mittwoch wurde die SMA 50 unterschritten!


    $UST:$Gold
    aktuell: 0,1709
    SMA50: 0,1798 > SMA200: 0,1774


    Hier können wir sehen, wie sich die 10-jährigen Treasuries gegenüber dem Goldpreis im Aufwärtstrend nach oben befinden! Am Mittwoch wurde die SMA 200 unterschritten! Die 10-jährigen Treasuries befinden sich gegenüber dem $Gold im freien Fall!


    $USD:$Gold
    aktuell: 0,136
    SMA50: 0,144 < SMA200: 0,145


    Hier können wir sehen, wie sich der USDX gegenüber dem Goldpreis im Abwärtstrend nach unten befindet!


    mfg

  • $GOLD:$SILVER Ratio u.a.

    $Gold:$USD (Gold = Outperformer gegenüber dem USDX!)


    aktuell: 7,34
    SMA 50: 6,96!!! < !!! SMA 200: 6,97!


    Nun wird der USDX in den freien Fall übergehen und der Euro und der Gold- und Silberpreis werden zusammen stark steigen!


    ---> Shortet massiv den USD!

  • $GOLD:$SILVER Ratio u.a.

    http://stockcharts.com/def/servlet/SC.we...old%3A%24Silver


    aktuell: 49,80
    SMA 50: 50,93 < SMA 200: 53,05


    Der Preis vom Crude beträgt aktuell: 59,14!
    0,06oz/bbl => US-$986,00 x 0,06 = US-$59,16
    bei unverändertem Wert von 49,80: wäre
    Crude: $59,16 = Gold: $986,00 = Silber: $19,80!
    ("Patrick Chidley, a New York based sell-side analyst for Barnard Jacobs Mellet, said, in a recent note to clients, that since 1971, the number of ounces of gold required to buy one barrel of oil has averaged 0.06oz/bbl.")


    Der Goldpreis ist auf seinem Weg auf/über die $682!
    Der Silberpreis ist auf seinem Weg auf/über die $13,69!


    Wichtige charttechnische Marken (Renko):


    - Brent: U = 57,50, hat bereits nach oben gedreht! :D
    - EUR/USD: U = 1,265, hat bereits nach oben gedreht! :D
    - Gold: U = 616,00, hat bereits nach oben gedreht! :D
    - Palladium: U = 330,00, hat bereits nach oben gedreht! :D
    - Platin: U = 1.198,00, hat bereits nach oben gedreht! :D
    - Silber: U = 12,45, hat bereits nach oben gedreht! :D


    mfg