Beiträge von newtechxl

  • Eskay Mining Corp./ ESK (TSXV)

    Exceptional Phase One results from the 2004 field program has Kenrich
    beginning plans for a very aggressive 2005 Exploration Program on its
    100% owned Corey property. The Corey is situated 10 km south of the
    rich Eskay Creek gold-silver deposit in northwestern BC. The Corey is a
    major holding on the prolific Eskay Rift trend and comprises 466 units
    of claims covering 10,200 hectares (25,190 acres).
    Definitive work in 2003 by Kenrich geologists tightened the focus on
    the distribution of the important Jurassic rift basin that hosts the
    exceptionally rich Eskay gold silver deposits. Favourable volcanicsedimentary
    rocks of the deposit are now recognized to extend
    southward in a narrow, north-south trend, termed Eskay-SIB-Corey
    Belt. The southward trend passes across the former SIB property and
    onto the adjacent Corey property. The Corey contains about one-half of
    the strike length of the belt. (See the enclosed map).
    PROGRESS REPORT: 2004 PHASE ONE EXPLORATION RESULTS
    Rhyolites, mudstones and basalts of the Eskay rift are now mapped
    definitively on the Corey. A thorough coverage of the central axis of the
    property with detailed geological mapping, prospecting and specialized
    stream sediment surveys has led to early discovery of new polymetallic
    massive sulphide occurrences in outcrop (See the next
    page). Very prominent stream geochemical anomalies occur along the
    trace of the rift sequence, notably in areas underlain by mudstones.
    Additionally, the exploration of the favourable rift sequence has traced
    the zone into new areas of the Corey, opening significant acreage to
    detailed follow-up.
    Phase Two results will be received by the first week of November.

  • David Morgan - Silver-investor Musterdepot

    M O D E L P O R T F O L I O
    TOP TIER Exchange Ticker Weight Buy/Hold Buy Limits as shown
    Pan American NASDAQ PAAS 20% Buy Up to $15.00
    Silver Standard NASDAQ SSRI 20% Buy Up to $14.50
    Coeur NYSE CDE 5% Buy Up to $5.00
    Hecla NYSE HL 5% Buy Up to $5.50
    RNC Gold TSX RNC 5% Buy Up to $1.60
    Cash 23% Buy Awaiting other opportunities
    Speculations
    Kimber OTCBB KBRRF 3% Buy Up to $2.00 KBR TSX Venture
    Scorpio OTCBB SMNPF 4% Buy Up to $2.00 SPM TSX Venture
    MacMillan OTCBB MMEEF 3% Buy Up to $0.70 MMG TSX Venture
    W. Silver AMEX WTZ 3% Buy Up to $10.00
    Mines Mgt AMEX MGN 3% Buy Up to $8.00
    Sterling OTCBB SRLM 3% Buy Up to $8.50
    Callinan OTCBB CCNMF 3% Buy Up to $0.65 CAA TSX Venture

  • MacMillan Gold - Gold und Silber

    MacMillan Gold George A. Brown, President and CEO of Mac-
    Millan announced that as a result of several months of negotiations
    the company has been successful in acquiring an option to
    purchase the surface rights covering 1,227.4543 hectares at our
    Cerro de Oro Gold and Silver Project in Zacatecas. Management
    believes that it is in the company’s best interest to have negotiated
    a fair market price for the surface rights before further advancing
    the project towards the goal of proving a resource. An independent
    appraiser set the current market value of the property and
    buildings at US$252,000. MacMillan has also optioned the rights
    to acquire the existing dumps and tailings, which are owned by the
    surface rights owner for US$100,000. This price was based upon
    an estimated discounted net present value. The financial terms are
    US$2,000 upon signing of the English option agreement on
    October 24, 2004. A further US$3,000 is payable upon signing
    the Spanish option agreement, expected to occur within days.
    MacMillan has the right to purchase the land and buildings for
    US$252,000 plus the dumps and tailings for US$100,000 for as
    long as the company elects to pay a US$1,000 per month option
    fee.
    This purchase option further adds to the attractiveness of the Cer
    Oro Project. Cerro has good infrastructure including easy road ac
    an energized power line, water, storage and office buildings a
    nearby experienced work force at Conception de Oro.
    William Hamilton, the Manager of Exploration for MacMillan
    Gold, has completed surface mapping of the Maderito Target at
    Cerro. A magnetic survey of the Maderito target is scheduled in
    early November. The information will be analysed and used to
    help select drill targets for our next phase of drilling also scheduled
    to start in November. The company plans to include reverse
    circulation and diamond drilling in the upcoming drill phase.
    Page 6 - Silver Investor Newsletter

  • Kimber Resources Inc. WKN 157 066 CA49435N1015 KBR

    KBR.TO KBRRF.PK (KIMBER RESOURCES)
    http://www.kimberresources.com
    info@kimberresources.com (604) 669-2251
    33.5 mil shares fully diluted (Sept 2004)
    http://www.kimberresources.com/sharestructure.html
    @ $1.80/share Cdn x .80 US/Cdn = US $1.44
    $48 mil MC
    See press release dated Sept 28, 2004: Kimber Enlarges and Upgrades Carmen Deposit
    Measured, Indicated, & Inferred Silver Resources: 42 mil oz.
    Measured, Indicated, & Inferred Gold Resources: 552,500 oz. or 5.5 mil silver equiv.
    Total: 47.5 mil oz. silver equiv.
    540,000 oz. gold x 10 = 5.4 mil "silver equiv."
    $48 mil MC / 47.5 mil oz.. = $1.02/oz.
    You get "approx" 6.97 ounces in the ground for 1 oz. silver's worth of stock.


    Additional comments: A one property company. The Carmen gold-silver deposit on their Monterde property in the Sierra Madre belt of Chihuahua State, Mexico. Lower grades than originally thought. "At these grades, the value of recovered silver is expected to match, perhaps exceed, the value of gold." 75 g/t silver, 1 g/t gold. The value of these grades by tonne, is as follows:
    75 g/t silver x .03125g/oz = 2.34 oz/tonne x $6.70/oz. = $15.67/tonne
    1 g/t gold x .03125g/oz = .031 oz/tonne x $415 = $12.97/tonne
    Total = $28.64/tonne.


    This project was once thought to have high grades. But today, the grades are lower than the grades for Mines Management, which is a lot cheaper (about $.30/oz. not $1.24/oz.) when considering cost per ounce in the ground for shareholders. But Kimber is a silver/gold property, and Mines Management is a silver/copper property, and that might help to account for the difference in price. Also, Kimber may be cheaper to start as an open pit project, whereas Mines Management is underground and thus may have higher start up costs proportionally. There certainly are a lot of factors to consider.

  • Americas Silver Corp./ USA, USAPF (TSX, OTC)

    SPM.V SMNPF.PK (SCORPIO MINING)
    http://www.scorpiomining.com
    http://www.scorpiomining.com/s/SendMessage.asp
    53.6 mil shares fully diluted Aug 9th, 2004
    @ $1.08/share Cdn x .80 US/Cdn = $.86 US
    $46 mil MC
    Scorpio's recent March 2004, $16 million financing was at $2.25 Cdn/share!
    -- The Nuestra Senora Project: (the Candelaria deposit): Total Measured & Indicated: 131,058 tonnes @ 520.94 g/t Ag = 2.1 mil oz. of high grade silver, 16 oz./ton. Inferred: 49,468 tonnes @ 658.98 g/t Ag (21 oz./ton) = 1 mil oz. silver
    --the Cochrane Hill Gold Deposit: The total Indicated Resource ~ 112,460 contained ounces of gold.
    Total: 4 mil oz. silver equiv.

  • Northwestern Mineral Ventures Inc. WKN A0B 917 CA6681301074 NWT

    Habe ich auf W.O. gefunden. Recht interessant. Habe da wohl Schrott ausgegraben.


    Gruesse, Newtechxl



    Leute Leute Leute,


    erstmal grundsätzlich - alles, was über Schmider kommt, ist mit größter Vorsicht zu genießen. Da werden gerne Luschen unters blöde deutsche Aktienvolk verjubelt. Ich hatte in anderen Uran-Threads bereits geschrieben, dass längst Phase 2 des Uran-Hypes erreicht ist, und zwar kommen jetzt aus allen Ecken Trittbrettfahrer, die irgendwo Uranminen äh potentielle Urangrundstücke aus dem Hut zaubern und schon nach oben katapultiert werden - ein Alarmsignal. Genauso ist es hier auch...


    Die Gesellschaft ist gerade mal ein Jahr alt und die bisherigen 36 Mio. Aktien sind allesamt für 5 (!!!) Cent verkauft bzw. gekauft worden, d.h. es hat bereits eine wundersame Verfünfzehnfachung des eingezahlten Kapitals stattgefunden, ohne dass die Gesellschaft freilich ansatzweise Resourcenschätzungen vorweisen könnte. Dazu kommt, dass ein Minenbau in dem Gebiet, wo man sich bald auf die Suche machen will extrem aufwendig ist und nur mit großem Know-How zu bewältigen ist, da hier Eiskerne unterbohrt werden müssen, was die große Gefahr von Wassereinbrüchen und Mineneinstürzen mit sich bringt. Eine Mine ist frühestens in 10 Jahren realisierbar und bis dahin müssen immense Summen finanziert werden, wozu solche Gesellschaften kaum in der Lage sind.


    NWT ist m.E. auf dem jetzigen Niveau total überbewertet und kostet bereits 26 Mio. CAD, wie gesagt ohne alles...


    Dazu die verdächtige Positionierung hier in Deutschland - da kann es nur einen Ratschlag geben - FINGER WEG !!!