Beiträge von Tschonko

Bei Exmin/Yale gab es Bohrergebnisse auf Urique:

EXMIN/Yale Drilling Makes Significant Gold-Silver Discovery at Cerro Colorado, Urique Project, Chihuahua, Mexico
Thursday June 26, 9:58 am ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jun 26, 2008 -- EXMIN Resources Inc. (EXMIN) (CDNX:EXM.V - News) is pleased to announce that assay results have been received for the nine holes of the diamond drill program at the Cerro Colorado target, Urique project. Most of the holes intersected interesting precious metals values. Hole UCC-08-8 cut 4.6 metres with 0.98 grams per metric ton (g/t) gold and 162.2 g/t silver within a wider 9.2 metre interval with 0.51 g/t gold and 96.5 g/t silver (see table of assays below).
The drill program was completed in early May for a total of 1,706.2 metres of core in eleven holes (see Yale News Release of May 9, 2008). Nine of the holes tested the Cerro Colorado target area for a total of 1,363 metres, and two holes totalling 343 metres were drilled at the San Pedro target. EXMIN was the operator of the program, and utilized the core rig that was acquired by Globexplore Drilling and Exploration of Hermosillo, under an agreement for drilling services announced in a News Release of December 7, 2006.
Dr. Craig Gibson, Co-Founding Executive Vice President of Exploration for EXMIN, stated, "We have an important mineralized system at Cerro Colorado. These drill results are distributed over approximately 2 kilometres of strike length along the main structure. Several holes cut significant intervals of 2 to 6 ounce per ton silver equivalent, suggesting that there is potential to delineate a bulk tonnage silver-gold deposit. It is important that the best intercept, in hole UCC-08-8, tested the area between known surface occurrences at El Vergel and Mina Guadalupe, and that this is one of the deeper intercepts."
Cerro Colorado Target
The Cerro Colorado target is in the northern portion of the Urique project, and consists of a 2.5 kilometre long mineralized structural zone. Three areas of mineralization with past mining activity have been identified along the main structure, at El Vergel, Mina Guadalupe, and La Minitas (Ampliacion Guadalupe). Mapping and trenching revealed wide zones of silver-gold mineralization along the surface trace of the structure (see Yale News Release of February 15, 2007).
The drill program tested the structure over approximately 2 kilometres of strike length, at vertical depths ranging from 10 to approximately 150 metres. The structure appears to be widest in the north near the El Vergel mine (holes 1,2,7, and 8). To the south, the structure appears to be more restricted in width but with generally higher gold values (holes 3, 4, 5, and 9). Please see www.exmin.com for maps and sections from the Urique project.
About the Urique Project
The Urique project is located in the prolific Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico, next to the Barranca de Cobre (Copper Canyon) and includes sixteen concessions covering 29,100 hectares (please visit www.exmin.com to view project maps). The project includes the town of Urique, an historic, small scale, silver producing area, similar to Batopilas, and is within a region with several active exploration and mining projects including the El Sauzal mine (Goldcorp), and exploration properties of Dia Bras, Paramount Gold and Silver, and Kimber Resources. Paramount's Andrea project and Kimber's Monterde project land package were staked up to the Urique project land boundaries.
The Urique project is the subject of an earn-in joint venture between EXMIN Resources and Yale Resources, whereby Yale can earn up to a 75% interest. Yale may earn an initial 60% interest in the project by making expenditures of US $2.8 million in exploration and issuing 1 million shares to EXMIN over four years, and can earn an additional 15% interest by investing US $1.7 million in exploration and issuing 500,000 shares to EXMIN in the fifth year. EXMIN is the project operator...................

Tabellen: http://biz.yahoo.com/iw/080626/0410886.html

Excellon hat das Wasser im Griff und nun kann wieder normal gearbeitet werden.

Excellon Resumes Delivery of Ore
Wednesday June 25, 1:54 pm ET
TORONTO, ONTARIO--(Marketwire - June 25, 2008 - Excellon Resources Inc. (TSX:EXN - News) is pleased to announce that it has resumed delivery of ore to the Penoles' Naica mill. The Company had to temporarily suspend operations at its Platosa Test-mine located in Durango State, Mexico after an unexpected water inflow on May 20th. Shipments to Naica were continued into the first week of June from stockpile inventories and normal operations at the Platosa mine were resumed June 19th, following the dewatering of the mine below the active mining areas.

Hallo Nugget,
klingt für mich eher so, dass sie die Mine ganz kaufen wollen.

Aber warum Hochschild von den umliegenden Explorationsgebieten zurückgetreten ist, weiß ich immer noch nicht.
Wenn man wüsst, wo da der boden ist.
Jetzt kann es auch mal schnell 50% up gehen.....
Wass ja nicht viel zu besagen hat.
Man uss sehen, was da raus kommt insgesamt.

Sehr interessanter "Offener Brief" an die Genco Streithähne von einem größeren Aktionär.

http://users.telenet.be/regulu…enLetterGenco20080623.pdf

Edel,

die Meldungen stehen zumeist zuerst hier.

Die OK Meldung war gestern sofort hier.

Positiv, wenn sie dann zur Archivierung in den Thread kommt.

Silver Eagle Reports Pre-Feasibility Results for Miguel Auza Mine
Wednesday June 25, 8:54 am ET

TORONTO, ONTARIO--(Marketwire - June 25, 2008) - Silver Eagle Mines Inc. (TSX:SEG - News) is pleased to report on the results of a pre-feasibility study prepared by Silver Eagle and reviewed by Scott Wilson Roscoe Postle Associates Inc., for Silver Eagle's wholly-owned Miguel Auza Mine in Zacatecas, Mexico. The study includes geological, mining, metallurgical, mineral process and economic analyses of the Calvario and Milagro Veins at the Miguel Auza Mine, which has been the focus of underground test mining during the past year.
Highlights
The pre-feasibility results establish probable reserves of approximately 1.95 million tonnes grading 0.17 g/t Au, 137 g/t Ag, 2.15% Pb and 2.25% Zn, sufficient to support a mine life of approximately 7.5 years at a projected milling rate of 600 to 850 tonnes per day (tpd). In addition, there is an inferred resource of 0.86 million tonnes grading 0.23 g/t Au, 242 g/t Ag, 1.55% Pb and 2.42% Zn.
The production rate of the mine is currently projected to increase from the present rate of 150 tpd, to 550 tpd by the fourth quarter of 2008 and to 850 tpd by the end of 2009.
When the mine is at full production, the average annual output is projected to be approximately 900,000 ounces of silver contained in approximately 10,000 tonnes each of zinc and lead concentrates.
Given the Scott Wilson RPA base case range of metal prices, (see Table 1 below), projected annual revenues increase from US$ 6 M in 2008 to US$ 23 M in 2010, stabilizing around an average of US$ 19 M for the next four years. No revenue from gold is included in these figures, pending test work for recovery of gold at the mine site.

alle Tabellen hier: lesenswert aber sehr lang

http://biz.yahoo.com/ccn/080625/200806250470347001.html?.v=1

Eldo,
der Profi in südamerikanischen Tänzen.....

Kaum heraußen, kommt die Meldung....
Aber der kurs sprang ja schon früher etwas an. Immer diese Mauschler!

Kimber: http://biz.yahoo.com/prnews/080623/to223.html?.v=68

Kimber intersects high grade gold mineralization at depth below Carmen resource at Monterde
Monday June 23, 5:08 pm ET
VANCOUVER, June 23 /PRNewswire-FirstCall/ - Kimber Resources Inc. (AMEX:KBX, TSX:KBR) is pleased to report initial drill results from diamond drilling below the Carmen resource at its Monterde property in the prolific Sierra Madre gold-silver belt of Mexico, where several holes intersected high grade gold-silver mineralization at depth. In particular Hole MTC-08-104 had two high grade gold intercepts below the existing resource, over 100 metres below the deepest previous intercepts in this section of Carmen.

Irgendwie untergegangen: keine Meinung dazu?

" Interessantes Modell: Kenn sonst nichts über KTN.V

Kootenay Gold Inc (TSX.V:KTN) is a junior exploration company operating a project generation business model, which it has executed with textbook precision. The company acquires complete ownership of promising projects and then compels its joint venture partners to finance the exploration while paying Kootenay for the right to do so.
The chart below demonstrates just how effectively Kootenay has deployed this model:

[Blockierte Grafik: http://www.majorsilverdeposits.com/images/jv_chart.gif]

http://www.majorsilverdeposits.com/

Grüße
tschonko

Hallo Lucky,
lies mein posting von gestern 21:15. ich hab´s schon verstanden.

Könnt mir wer mal die Frage beantworten, wieviel Sterling de facto + zinsen zurückzahlen muss?
Sind das 3,7 Mille. Wenn nein, hören wir mit den 55% auf.

Von einem effektiven jahreszins von 55% zu sprechen, wenn innerhalb 120 Tagen zurückgezahlt werden muss, ist in diesem Zusammenhang Blödsinn, imho.

Grüße
tschonko

In dem Zusammenhang vielleicht auch interessant, weil da eine Zahlung ausstehen könnte.
Hab aber kein datum gefunden.

Seite 12 hier
http://www.sourceexploration.c…arch-31-2008-COMPLETE.pdf

Source Exploration Corp. Commences Trading After Closing IPO and Presents Update on San Acacio Silver Property in Zacatecas, Mexico
Monday June 2, 10:00 am ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 2, 2008) - SOURCE EXPLORATION CORP. (the "Company" or "Source") (TSX VENTURE:SOP - News) is pleased to announce the commencement of trading on the TSX-Venture Exchange under the symbol "SOP". The Board of Directors of Source includes Abraham Drost, P.Geo., former President of Sabina Silver Corporation, Robert S. Tyson, Wayne Moorhouse and Darrell Rader.
The Company has the right to earn up to a 90% interest in the San Acacio Silver Property in the Veta Grande area, State of Zacatecas, Republic of Mexico, from Sterling Mining Company of Idaho ("Sterling") and its Mexican subsidiary Sterling Mining de Mexico S.A. de C.V., subject to a series of cash payments, share allocations and work commitments.
A geological technical report prepared by B.J. Price Geological Consultants Inc. and R. Von Boeck in compliance with NI 43-101 (the "technical report") states "the past producer of the San Acacio Silver Property, encompassing 398 hectares, covers the southeastern half of the Veta Grande vein system and a number of other parallel steeply dipping polymetallic epithermal veins in the San Acacio underground mine. Since discovery of silver in the Zacatecas mining district in 1546, it was estimated that 180 million ounces of silver have been extracted from the Veta Grande vein complex. The workings at San Acacio extend to a vertical depth of 335 meters and in the past accessed four separate veins of which the Veta Grande was the most important. While Spanish colonials were able to mine the rich oxide portion of the veins, they lacked the technology to extract silver from sulphide ores at depth. The mines were closed during the Mexican Revolution."
http://biz.yahoo.com/ccn/080602/200806020465772001.html?.v=1

Hallo Edel,
d a n k e, immer das Gesudere über Sterling.........

Orko mit Drillergebnissen: guten....

http://biz.yahoo.com/ccn/080624/200806240470364001.html?.v=1

Zielmann mit Empfehlung für Hecla.
Die gab´s hier schon früher.

Peter Zihlmann, Schweizer Asset-Manager, empfielt die Aktie von Hecla Mining zum Kauf.

Hecla ist das älteste US-amerikanische Edelmetall-Bergbauunternehmen und der Silberproduzent mit den geringsten Produktionskosten in Nordamerika. Das Unternehmen hat Liegenschaften in fünf weltklasse Silber- und Goldminendistrikten in den USA, Venezuela und Mexiko.

2007 produzierte das Unternehmen 5,6 Mio. oz Silber zu negativen Cashkosten von 2,81 US $ pro oz. Weiterhin produzierte Hecla 107.708 oz Gold.

Hecla hielt bis jetzt 29,7% der Anteile an der Greens Creek Mine in Alaska, die Mehrheit lag bei Rio Tinto. Im Februar2008 gab Hecla die Übernahme dieser Anteile von Rio Tinto bekannt und wird vollständiger Eigentümer der Mine. Hecla erwartet durch diese Übernahme eine Produktionssteigerung auf jährlich 11 Mio. oz Silber sowie eine Vergrößerung der Silberreserve um mehr als 150% und der Goldreserve um 140%.

Charttechnisch waren, so Peter Zihlmann, Korrekturen um 30-40% vom Hoch immer wieder sehr gute Kaufgelegenheiten.

Eldo,
ruf doch an....

Übersetzt: http://www.minenportal.de/artikel.php?sid=3774

Noch immer 55%?

Sterling Mining Company schließt Überbrückungskredit über 2,4 Mio. US $ ab <img src="http://www.minenportal.de/bilder/minen/logos/96.jpg" alt="Sterling Mining Company" align="left" />Wallace, Idaho. 23. Juni 2008. Sterling Mining Company (TSXSMQ, OTCBBSRLM, WKN 121 480) gab heute bekannt, daß man eine Kreditfinanzierung über 2,4 Mio. US $ vereinbart hat.

Das Unternehmen hat einen vorübergehenden Überbrückungskredit mit Nennwert von 2.400.000 US $ mit einer Gruppe von Kreditgebern vereinbart. Nach dem Abzug einer Rücklage in Höhe von 216.000 US $ für Zinsen und Rechtskosten und einer Gebührenzahlung an die Kreditgeber in Höhe von 144.000 US $ für Beurkundung und andere Kosten lag die Nettozahlung für das Unternehmen bei 2.021.740 US $. Der Nennwert ist 120 Tage nach Abschluß der Vereinbarung fällig. Der Zinssatz beträgt 24% pro Jahr. Zinsen sind monatlich zahlbar, beginnend mit dem 1. Juli 2008. Der Kredit ist durch bestimmte, patentierte Minenclaims, Liegenschaften, Ausrüstung, Inventar, Pachten (Sunshine Minenpacht ausgeschlossen) und anderen persönlichen Besitz besichert.

Dieser strategische Überbrückungskredit verschafft Sterling Mining Company rechtzeitig nicht-verwässerndes Betriebskapital, um den kurzfristigen Bedarf zu decken, während man Möglichkeiten zur Langzeit-Finanzierung verfolgt.

Wieder 3km....


Cabo to Drill 3,000 Meters for Seafield at Elora Gold Project
Tuesday June 24, 9:00 am ET
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 24, 2008) - Cabo Drilling Corp.'s (TSX VENTURE:CBE - News; "Cabo" or the "Company") Pacific division has entered into a contract with Seafield Resources Ltd. to drill 3,000 meters on the Elora Gold Project. Seafield describes the Elora property as a classic Archean shear hosted gold deposit located in the Gold Rock Camp, south of Dryden, Ontario.
The intent of the drill program, which commenced in late May 2008, is to follow-up encouraging Jubilee Zone, high-grade visible gold bearing intercepts in several of the holes drilled by Seafield Resources in previous campaigns.
About Seafield Resources Ltd.
Seafield Resources Ltd. is a Toronto-based junior mineral exploration company focused on acquiring and advancing precious metals projects in the Americas.
About Cabo Drilling Corp. (TSX VENTURE:CBE - News)
Cabo Drilling Corp. is a drilling services company headquartered in North Vancouver, British Columbia, Canada. The Company provides mining related and specialty drilling services through its Canadian divisions in Surrey, British Columbia; Montreal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Sonora, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; and Cabo Drilling Spain S.L. of Sevilla, Spain. The Company's common shares trade on the Frankfurt Exchange under the symbol: DHL and on the TSX Venture Exchange under the symbol: CBE.
ON BEHALF OF THE BOARD
John A. Versfelt, Chairman, President and CEO

Hallo Milly,
danke für dein Bemühen.
Ich hab meinen Mathematikproffessor schon an den rand der Verzweiflung gebracht...
Dafür hatte ich überschlagsmäßig die kosten für die Maturareise mit großem Vorsprung.
Mein Plus erklärte ich mit anfälligem Trinkgeld.....
Tut mir leid, aber ich check es immer noch nicht.
Darfst mich auch ruhig trottel schimpfen...

principal paymant ist für mich die erste Zahlung. Auf das jahr hochrechnen gilt da nicht.
Bei 55% müssten so ca 3,7 mille zurückzahlen.
Das werden sie nicht.

meine Sicht: die brauchen im monat ca 2,5 mille.
die haben sie nicht.
Also "fuck me"
Hosen runter und anstellen....
Das heißt aber auch, dass sie was in der Hinterhand haben.
Die gehaltvolleren tailings, od. erzreichere ores.
Oder sie basteln an einer größeren Finanzierung.
Zeit ist teuer, und nur das bezahlen sie. Zeitgewinn!

Das ist nichts anderes als ein Überbrückungskredit und die waren noch nie billig.

Die Börse sah das auch nicht so schlimm.....
Müsste ja Ausverkauf gewesen sein......

grüße
tschonko

Hab ich grad g´funden:
Interessantes Modell: Kenn sonst nichts über KTN.V

Kootenay Gold Inc (TSX.V:KTN) is a junior exploration company operating a project generation business model, which it has executed with textbook precision. The company acquires complete ownership of promising projects and then compels its joint venture partners to finance the exploration while paying Kootenay for the right to do so.
The chart below demonstrates just how effectively Kootenay has deployed this model:

[Blockierte Grafik: http://www.majorsilverdeposits.com/images/jv_chart.gif]

http://www.majorsilverdeposits.com/

Darum auch mein: Fuck me!

Was aber wiederum heißt, sie bringen mehr raus aus der Mine.
Sonst würden sie das wohl nicht machen.

Schlimm wäre es, wenn sie nicht bedienen könnten.

Das mit den 55% kapier ich nicht, Milly.

Wahrscheinlich dieser Satz: "The principal amount of the loan is due 120 days following the date the loan was made and bears interest at the rate of 24% per annum."
Das versteh ich anders, aber egal......

Grüße
Tschonko

PS: Eldo, HL und SST, das ist solid.....hab ich auch ganz oben
IPT.V macht mich noch fertig.
TLR gut erwischt heut.....

Darum auch mein: Fuck me!

Was aber wiederum heißt, sie bringen mehr raus aus der Mine.
Sonst würden sie das wohl nicht machen.

Schlimm wäre es, wenn sie nicht bedienen könnten.

Das mit den 55% kapier ich nicht, Milly.

Wahrscheinlich dieser Satz: "The principal amount of the loan is due 120 days following the date the loan was made and bears interest at the rate of 24% per annum."
Das versteh ich anders, aber egal......

Grüße
Tschonko

PS: Eldo, HL und SST, das ist solid.....hab ich auch ganz oben
IPT.V macht mich noch fertig.
TLR gut erwischt heut.....

Gehört auch dazu......

Timberline to Initiate Preliminary Scoping Study At Butte Highlands
Monday May 19, 8:00 am ET
Study Expected to Demonstrate Viability of Project While Utilizing In-House Capabilities At Timberline
COEUR D'ALENE, Idaho, May 19, 2008 (PRIME NEWSWIRE) -- Timberline Resources Corporation (AMEX:TLR - News) today announced plans to initiate a Preliminary Scoping Study at its Butte Highlands Gold Project in southwestern Montana.
Butte Highlands, Timberline's most advanced-stage project, was extensively drilled by Placer Dome, Battle Mountain, ASARCO, and Orvana Minerals in the 1980s and 1990s, and contains historic mineralization outlined by Orvana (not compliant with NI 43-101 or SEC Guide 7) exceeding 500,000 ounces of gold. Past drilling highlights include gold intercepts of 50 feet of 0.65 ounces per ton (oz/t), 31 feet of 1.06 oz/t, and 11.5 feet of 1.99 oz/t. The Butte Highlands project lies on patented ground with no underlying royalties and is 100-percent owned by Timberline.
In addition to evaluating the potential of the project, the exploration and development of Butte Highlands is expected to demonstrate the complementary talent, experience, and capabilities that reside ``in-house'' at Timberline.
* Director and V-P of Exploration Paul Dircksen led exploration
efforts at Butte Highlands, including resource calculations and a
pre-feasibility review, while with Orvana in the 1990s.

* Director Eric Klepfer handles permitting and environmental matters
for Timberline through his company, Klepfer Mining Services. He
has extensive experience with underground permitting issues in
Montana.

* Timberline's 100-percent owned contract drilling subsidiary, Kettle
Drilling, is expected to provide core drilling services in support
of the project.

* Director Ron Guill is the sole principal of Small Mine Development,
a leader in underground mine development and contract mining, which
is in the process of being acquired by Timberline.

Timberline CEO Randal Hardy stated, ``Our Preliminary Scoping Study at Butte Highlands is expected to showcase the efficiency and potential of our vertically-integrated business model. We believe that few, if any, companies our size can approach our in-house capabilities to explore, permit, drill, develop, and mine.''
The primary objective of the Preliminary Scoping Study is to assess opportunities for near-term underground production. A technical review of feasibility issues published by Orvana in 1997 identified no fatal flaws to mine development. The report noted that custom milling at existing nearby facilities was feasible and access to the deposit could be achieved with a decline. Although the construction of an onsite mill and tailings pond at Butte Highlands is not currently envisioned, the report indicated there are suitable sites for such facilities on the property.
Timberline V-P of Exploration Paul Dircksen stated, ``We are eager to resume work at Butte Highlands, building upon several years of effort by prior operators involving millions of exploration dollars and nearly 100,000 feet of drilling. We believe that Butte Highlands has the potential for near-term development and production, and that other areas of the property offer promising targets for additional grass-roots exploration. We also believe that we have assembled a uniquely-qualified team at Timberline to move the project forward.''
The work program to support the Study will begin with a 17-hole, 28,000-foot drill program conducted from the surface, coincident with permitting an exploration decline to access mineralization and to establish drill stations for an anticipated second-phase core drill program from underground. Drilling at Butte Highlands will focus on bringing the historic estimates to NI 43-101 and SEC Guide 7 standards while seeking to expand it with step-out holes along strike and down-dip. The exploration decline will be designed to support production in the event that project feasibility is established.
The Preliminary Scoping Study and exploration program will be led by Paul Dircksen. Initial surface drilling may be contracted outside the Company, but future underground drilling is expected to be performed by Kettle Drilling. All permitting efforts at the project will be led by Klepfer Mining Services. The exploration decline, once permitted, will be driven by Small Mine Development.
The Butte Highlands Project is located 15 miles south of Butte, Montana within a favorable geologic domain that has hosted several multi-million ounce gold deposits including Butte, Golden Sunlight, Montana Tunnels, and Virginia City. Furthermore, the project straddles the Continental Divide and is central to one of the most historically productive placer districts in the state. We believe that the lode occurrences at Butte Highlands are a primary source for local placer gold.
Gold mineralization at Butte Highlands is hosted primarily in lower Paleozoic Wolsey shale with higher-grade mineralization occurring within the sediments proximal to diorite sills and dikes. Between 1988 and 1996, prior operators demonstrated the presence of a wide and continuous mineralized zone by drilling 46 core holes (36,835 feet) and 132 reverse-circulation holes (61,338 feet) within the district. The vast majority of this drilling was conducted in the Nevin Hill area which is included in the Timberline property.
Timberline Resources Corporation has taken the complementary businesses of mining services and mineral exploration and combined them into a unique, forward-thinking investment vehicle that provides investors exposure to both the ``picks and shovels'' and ``blue sky'' aspects of the mining industry.
Timberline has contract drilling subsidiaries in the western United States and Mexico and an exploration division focused on high-potential, district-scale gold projects. With its anticipated acquisition of a premier American underground mine contractor, Small Mine Development, Timberline will strengthen its position as an emerging, vertically-integrated resource company. Timberline is listed on the American Stock Exchange and trades under the symbol ``TLR''.

Ich verkauf, soweit ich sie anbringe, meine 08er Käufe und mache mal Verluste.
Was weiter heißt, dass ich bis Ende des jahres zeit habe, kurzfristige Gewinntrades eibzusacken und das wieder auf pari zu stellen.

Kings Minerals, wo ich auf einen Hupfer hoffte, hat sich da mal nicht eingestellt.
Genco und Kimber hab ich verkauft, ebenso einen Teil Orko.
Heute Timberline gekauft und gleich auch einen Thread eröffnet.
Cash hab ich noch immer kaum....
Seite 1 hier erneuert und die ausgeschiedenen Companies aus Platzmangel entfernt (mehr als 10000 Zeichen)

GOG stieg mehr als ECU nach dieser Meldung.
http://biz.yahoo.com/ccn/080623/200806230470152001.html?.v=1
nicht hohe Gehalte dafür recht ausgiebig....

Sterling macht Schulden und bürgt mit properties und gerät. Zusätzlich 24% Zinsen und fast 10% diverses.
Fuck me!

Form 8-K for STERLING MINING CO 23-Jun-2008
Creation of a Direct Financial Obligation or an Obligation under an Off-Balanc

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant On June 17, 2008, Sterling Mining Company entered into a bridge term loan with a group of lenders in the principal amount of $2,400,000. After a deduction for a reserve of $216,000 for interest and legal expenses, a payment to the lender for services of $144,000 and recording and other costs, the net proceeds to the Company were $2,021,740. The principal amount of the loan is due 120 days following the date the loan was made and bears interest at the rate of 24% per annum. Interest is payable monthly beginning July 1, 2008. The loan is secured by certain patented mining claims, the property where Sterling Mining's tailings pond is located, and all of Sterling Mining's accounts, equipment, inventory, leases (excluding the Sunshine Mine lease) and other personal property, subject to existing security interests. The loan agreement imposes certain restrictions on Sterling Mining's ability, without the approval of the lenders, to incur additional debt or dispose of any assets outside the normal course of business. Sterling Mining also agreed to indemnify the lenders against claims, costs, and liabilities resulting from the release of any hazardous substance or violation of environmental laws in the course of Sterling Mining's operations.

Item 9.01 Financial Statements and Exhibits Exhibits

Copies of the following documents are included as exhibits to this report
pursuant to Item 601 of Regulation S-K.
SEC Ref. No Description of Document
10.1 Secured Promissory Note dated June 17, 2008

10.2 Mortgage, Assignment of Leases and Rents, Security Agreement and
Fixture Filing dated June 17, 2008

10.3 All Assets Security Agreement dated June 17, 2008

10.4 Environmental Indemnity Agreement dated June 17, 2008

Das sind die Kaufvereinbarungen:
die machen schönen Gewinn und die neue co. sollte schnell integriert sein...
Hoff ich mal!

Im übrigen wurde auf das heutige Gap schon bei Silvercompanies vor Börsenbeginn hingewiesen.....
"TLR:
http://biz.yahoo.com/pz/080623/145114.html
uihh da werden wir heut ein gap sehen!"

auf der Seite: Silber Companies - Liste und Neues

Timberline Signs Definitive Purchase Agreement to Acquire Small Mine Development, LLC
02/27/08
COEUR D'ALENE, Idaho, Feb. 27, 2008 (PRIME NEWSWIRE) -- Timberline Resources Corporation (OTCBB:TBLC) today announced the signing of a Purchase Agreement to acquire Boise, Idaho-based underground mine contractor Small Mine Development, LLC ("SMD"). Timberline has agreed to pay a total purchase price of $80-million, consisting of $45-million in cash at closing, $15-million in Timberline common stock (valued at $3.21 per share), and $20-million paid in $5-million increments over four years. Ron Guill, the founder and owner of SMD, has agreed to continue to lead SMD for at least the next four years. Mr. Guill joined the Timberline Board of Directors in November 2007.
In 2007, SMD had Earnings before interest, taxes, depreciation, and amortization (EBITDA) of $23.8-million on revenues of $101.4-million. Over its last five fiscal years, SMD has generated EBITDA of 22 to 24-percent of revenue on consistent double-digit revenue growth. SMD was founded in 1982 and has grown to become one of the largest underground mine contractors in the United States, with more than 300 employees working at six mine sites. Additionally, SMD has added two new contracts scheduled to begin later this year since the Letter of Intent between Timberline and SMD was first announced in December 2007. SMD is also currently evaluating and bidding on additional contracts in the western United States.
Timberline CEO Randy Hardy stated, "The addition of SMD is expected to quadruple our revenues and be immediately accretive to our earnings per share. It will also position us, we believe, as a premier provider of vertically-integrated mining services in North America while retaining excellent 'blue sky' exploration potential. Our combined companies will provide investors with aggressive growth, strong earnings, and a solid balance sheet, along with scalable, in-house capabilities to explore, permit, drill, develop, and mine. We are looking forward to closing this transaction and realizing the benefits of SMD in the advancement of our business plan."
SMD owner and Timberline Director Ron Guill added, "I believe that Timberline's acquisition of SMD will prove mutually beneficial to Timberline shareholders and SMD employees. Working with Timberline management has confirmed that we share similar business philosophies and highly complementary skill sets. Our combination will create a uniquely-qualified team pursuing a forward-thinking and timely business strategy."
Timberline expects to finance the initial cash payment and working capital requirements for SMD with a combination of equity and convertible debt securities. As announced previously, Timberline has retained Jefferies & Company, Inc., a global, full service investment banking and institutional securities firm, to advise the Company on its acquisition of SMD. The acquisition will require approval by Timberline shareholders. Management expects to announce the date of the shareholder meeting when proxy materials are mailed in the very near future. At that time, the Company also plans to schedule a conference call to discuss this acquisition with shareholders.
Timberline Resources Corporation is a unique, growth-oriented company that combines positive cash flow from its mine services division with the "blue sky" upside potential from its mineral exploration division. Timberline common stock is quoted on the OTC Bulletin Board under the symbol "TBLC."
This news release does not constitute an offer of any securities of Timberline for sale. Any securities to be issued in the acquisition transaction and sold in the private sale of Timberline's securities will not be registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.
Statements contained herein that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. When used herein, the words "anticipate," "believe," "estimate," "plan," "intend" and "expect" and similar expressions, as they relate to Timberline Resources Corporation, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. Important factors that could cause actual results to differ materially from our expectations include uncertainties relating to the anticipated benefits resulting from the acquisition, the ability to receive shareholder approval and complete the acquisition and the need to obtain additional financing to complete the acquisition and uncertainty as to the availability and terms of such financing. Additional factors that could cause or contribute to such differences include, but are not limited to, such factors, including risk factors, discussed in the Company's Annual Report on Form 10-KSB for the year ended September 30, 2007. Except as required by the Federal Securities law, the Company does not undertake any obligation to release publicly any revisions to any forward-looking statements.

Heute folgende Meldung:

Timberline Forecasts Increased Drilling Revenues
Monday June 23, 8:00 am ET

COEUR D'ALENE, Idaho, June 23, 2008 (PRIME NEWSWIRE) -- Timberline Resources Corporation (AMEX:TLR - News) today provided an update of its drilling operations, including revenue forecasts for its third fiscal quarter, progress of its management transition, the anticipated elimination of its preferred shares, and the status of its proxy filing. Timberline's contract drilling subsidiaries, Kettle Drilling, Inc. (``Kettle'') and World Wide Exploration, S.A. de C.V. (``World Wide''), specialize in underground core drilling services in support of active mining operations and advanced exploration projects.
Kettle and World Wide are expected to report gross revenues of approximately $6.1-million and $3.0-million, respectively, the highest ever quarterly total for each company. Combined year-to-date revenues are expected to reach approximately $24.0-million at quarter-end, and Timberline now expects its drilling operations to surpass the previously-stated 2008 revenue objective of $30-million by a comfortable margin.
The ongoing management transition at Kettle is proceeding successfully. Newly appointed President Martin Lanphere is leading an experienced operational team that includes Mark Church, Steve Elloway, and Paul Elloway. Timberline management is confident that Mr. Lanphere will leverage his previous experience in management and banking, along with his hands-on, active, team-oriented management style, to refocus Kettle on outstanding customer service and significantly improved bottom-line results.
The Company also announced that it is still on track to close a transaction that will eliminate all of the Company's Series A Preferred shares by month-end. Additionally, the Company reported that on June 11, 2008 it filed an amended preliminary proxy along with responses to comments from the U.S. Securities and Exchange Commission (SEC) regarding the Company's preliminary proxy. The proxy statement included proposals related to ordinary corporate affairs and to the acquisition of Small Mine Development (``SMD''). The Company expects a follow-up response from the SEC shortly. In the meantime, the Company is proceeding with the post-closing required audit of the SMD financial statements.
Timberline Resources Corporation has taken the complementary businesses of mining services and mineral exploration and combined them into a unique, forward-thinking investment vehicle that provides investors exposure to both the ``picks and shovels'' and ``blue sky'' aspects of the mining industry.
Timberline has contract drilling subsidiaries in the western United States and Mexico and an exploration division focused on high-potential, district-scale gold projects. With its anticipated acquisition of a premier American underground mine contractor, Small Mine Development, Timberline will strengthen its position as an emerging, vertically-integrated resource company. Timberline is listed on the American Stock Exchange and trades under the symbol ``TLR''.
Statements contained herein that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. When used herein, the words ``anticipate,'' ``believe,'' ``estimate,'' ``plan,'' ``intend'' and ``expect'' and similar expressions, as they relate to Timberline Resources Corporation, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, such factors, including risk factors, discussed in the Company's Annual Report on Form 10-KSB for the year ended September 30, 2007. Except as required by the Federal Securities law, the Company does not undertake any obligation to release publicly any revisions to any forward-looking statements.

Contact: Timberline Resources Corporation
John Swallow, Chairman
208.664.4859

Timberline ist eine Drillinggesellschaft, die aber auch viele properties in Canada, Idaho, Montana und Nevada hält.
Schön: sie können sie selber drillen, wenn sie wollen.

Hauptsächlich Untergrunddrilling, bestehen aus den divisions USA und Mexico.
Vor Monaten wurde eine weitere drillinggesellschaft um 80 mille erworben.
Das Ding ist schwer zu berechnen. Scheint mir aber günstig zu sein.

http://www.timberline-resources.com/

Properties: http://www.timberline-resources.com/main.php?page=68

Share structure: da muss man den erwerbsaktientausch miteinberechnen:
http://www.timberline-resources.com/main.php?page=14

Timberline Resource: Immense Opportunity Ahead

by: Hans Brubaker posted on: June 11, 2008 | about stocks: TLR These are exciting times for Timberline Resource Corporation (TLR), a company that is uniquely positioned to capitalize on current and future economic trends.
Having just passed one of the largest one day plunges in the Dow, in the past two years, investors are looking for alternative investment opportunities and are returning to the fabled “hard asset” class that provide a sense of security during economic instability. During times such as these it is important not to only look at the producers of “hard assets” but to also look at the support staff involved in these ventures.
As such, many investors are drawn to the miners, such as Newmont (NEM), Barrick (ABX), Goldcorp (GG), and other major producers who supply precious and base metals to the industrial, and investing, communities. However, it is critical to realize that even major producers contract out some or most of their underground drilling and mining operations to independent companies in order to lower their own cost of operations. Timberline Resource Corporation encapsulates this type of independent contractor who drills and physically extracts the ore from the mines for producers.
Recent Developments
As previously mentioned, this has been an exciting year for Timberline Resource Corporation. From its modest beginnings, Timberline has succeeded in growing its drilling operations from four drilling rigs to twenty-four in a span of approximately two years. In addition to this robust and organic growth, Timberline is reaching out and taking steps towards acquiring one of the largest independent mining development companies in the United States. Small Mine Development [SMD] was formed in 1982 by Ron Guill, who is also a director for Timberline. SMD has been a consistently profitable company and has enjoyed double digit revenue growth over the past five years, coupled with 22 – 24 percent gross margin on revenue [EBITDA]. With the addition of an equally sound company such as SMD, Timberline is in a favorable position to capitalize on opportunities as they move into the future. As presented by the company in the most recent conference call, management expects the acquisition to close around the middle to end of July.
A bit more information on the acquisition of SMD includes, a total purchase price of $80 million, consisting of $45-million in cash at closing, $15-million in Timberline common stock (valued at $3.21 per share), and $20-million paid in $5-million increments over four years. Ron Guill, founder and owner of SMD, has agreed to stay on with SMD over the next four years and assist in the merging of the two companies. With the recent up-listing to the American Stock Exchange (Ticker: TLR), Timberline has gained further credibility among institutional, and high net worth, investors. With further exposure to the greater investing community Timberline’s name, and business, should gain momentum over the coming weeks and months. There are very few mining companies that have the ability to explore, drill, permit, and mine all in-house and in Timberline’s case the value is truly in the sum of its parts. As Timberline moves closer towards the SMD acquisition I expect the mining industry as well as financial community will come to realize the very unique opportunity in Timberline.
Macroeconomic Analysis
The instability in the economic environment worldwide, over the past eight to ten months, has brought to light serious flaws in areas such as the housing market and sub-prime mortgages, increased inflation, devaluation of the dollar, and substantially higher commodity and energy costs. These events are ones that we are all well aware of, and in many circumstances affect our everyday lives. However, as an investor it is not only important to identify our current economic environment but evaluate where we are headed as a nation from this point in time. Looking forward six months, one year, two years, and five years, it is imperative to anticipate what our overall economic structure will look like and identify what sectors will be positioned to profit from it. Specifically addressing the mining sector it is evident, by all accounts, that base and precious metals will continue to remain in demand over the coming years. Although there is debate on the supply inventories of specific ore types, the general overarching consensus of the mining sector is that demand for ore will exceed supply over the next three years and possibly well into the next decade. With developing countries demanding incremental increases in supply of specific ore, such as steel, lead, copper, and zinc, this bodes well for mining companies.
Further, those companies that specialize in extraction of those ore bodies, such as Timberline, should continue to see additional long-term contracts develop for the services that they provide. With restrained optimism for the sector in general over the coming years, it would behoove the objective investor to analyze and consider companies such as Timberline who are strategically aligned to capitalize on the immense opportunity presented.
Disclosure: Author holds a long position in TLR

Hi eldo,
soll i Fieber messen?

Schreib lieber zum Genco g´schäft und lass dich von Milly nicht provozieren.
Obwohl, lustig ist es schon....

ECU halted:

Und bei TLR haben wir das Gap schon.....so a Zwergerl!
http://finance.yahoo.com/q?s=TLR

Grüße
Tschonko

Hallo,
bezüglich. " Da schieben sie die Kohle zu Chief Consolidated Mining Co. und :"

Das war gar kein schlechtes Geschäft für Genco, wie hier schon vermerkt wurde (heron)

Billiger gekauft und teurer verkauft. Nehme an, wir sehen uns leid zur zeit, weil eher umgekehrt.....

Grüße
Tschonko

TLR:
http://biz.yahoo.com/pz/080623/145114.html
uihh da werden wir heut ein gap sehen!

Vancouver Sun Artikel: http://www.canada.com/vancouve…02-450d-b22c-c884eeb91024

Genco proxy battle draws early blood

David Baines, Vancouver Sun
Published: Saturday, June 21, 2008A proxy battle is raging at Vancouver-based Genco Resources Ltd. The outcome won't be determined until the company's annual general meeting next Thursday, but already there's a lot of blood on the floor.
Most of the blood belongs to incumbent directors Robert Gardner, a well-known Vancouver lawyer and Queen's Counsel, and Gordon Blankstein, a long-time Howe Street promoter.
The dissident shareholder is James Anderson of Sioux Falls, N.D. He owns (through his wife Karen) five million, or 12.2 per cent, of the company's outstanding shares, making him the company's largest shareholder.

Anderson became a Genco director in July 2007, but resigned in May this year. He says he quit because Genco's shares, which trade on the Toronto Stock Exchange, have been flagging due to "poor mine management and weak corporate governance practices, including excessive compensation and disturbing conflicts of interest at the board level."
He's trying to persuade Genco shareholders to oust three of the seven directors -- Gardner, Blankstein and former B.C. attorney-general Brian Smith -- and replace them with himself, Texas geologist Charles Schroeder III, and Minnesota banker Lyle Weismantel.
The existing directors say Anderson's motive is to "hijack" the company without buying any more shares. They claim the company has made good progress toward developing its mineral properties in Mexico and the stock has made big gains over the past five years. They reject any suggestion they have not practised good corporate governance.
The issues are copious, complicated and contentious. Fortunately, two independent firms who specialize in corporate governance matters have weighed in with their own summaries and conclusions.
ISS Governance Services says a "key" issue for the dissident slate is the compensation afforded Blankstein, a non-executive director, and Gardner, a non-executive director and chairman.
They each have consulting agreements with the company that call for monthly payments of $12,000 US, plus bonuses up to $250,000 US, plus profit participation. ISS said this compensation is "generally higher" than most comparable companies.
It also said the consulting agreements "appear to have been negotiated while the compensation committee was effectively controlled by Blankstein and Gardner," which constitutes "a major breach of fiduciary duty to shareholders."
"From a corporate governance perspective, these actions are totally unacceptable for a TSX-listed issuer," it added.
Anderson also alleges Blankstein and Gardner negotiated the purchase of a 65-per-cent interest in a mining company called Chief Consolidated Mining Co. for $4.9 million without telling the independent directors, then committed to sell the property to Andover Ventures Inc., which is controlled by Blankstein, Gardner and Smith, creating undisclosed conflicts of interest.
ISS said this related-party transaction "raises questions about the appropriateness of the company' internal controls and processes."
On the other hand, ISS said Genco has made "significant progress and management has a reasonable strategy in place." It also noted that two key executives have threatened to quit and incumbent directors have not committed to stay if the dissidents succeed, which could undermine the board.
"We are concerned that the potential small size of the dissident board may not have the breadth and experience and skill sets the company requires."
It concluded: "After carefully considering the arguments on both sides ... we have decided to support management. However, we are seriously concerned by the allegations against Blankstein and Gardner. ... We recommend withholding votes from Blankstein, Gardner and [Richard Hughes, the third member of the compensation committee]."
The other corporate governance firm to weigh in on the proxy battle is Glass Lewis & Co. It said Anderson "has succeeded in raising valid concerns" about the performance of the company and its share price.
"In addition, we are troubled by many of the company's corporate governance practices, such as consulting agreements with directors and an excessive number of board memberships held by its directors." Hughes and Gardner sit on the boards of numerous public companies.
But it said existing management has "more and better information" about the company's operations and "should be given the benefit of the doubt regarding its strategic business decisions."
However, it recommended shareholders withhold their votes from Blankstein and Gardner. It agreed that some fresh faces on the board would be beneficial, but three dissidents would be too much. It therefore recommended voting only for Schroeder, who it deemed to be the most-qualified dissident candidate.
Although neither of these reports represent a victory for the dissidents, they represent a real slap in the face for Blankstein and Gardner.
I must say, I'm not surprised. Neither are strangers to controversy. Both (along with Smith) were heavily involved in Vancouver-based Getty Copper Inc. in July 2004, when it was raided by RCMP who were investigating a non-arm's length property transaction.
The RCMP investigation never went anywhere, but lawsuits began flying. Almost all the key people in the company, with the exception of Smith, were named in claims or counter-claims. A lengthy trial ensued, but ultimately all the claims were settled out of court.
Then there was Global Light Telecommunications Inc. and Highpoint Telecommunications Inc., two fibre-optic companies run by Blankstein with Gardner's assistance.
Genco's proxy circular notes that "Blankstein is a venture capitalist who has raised well in excess of a billion dollars for numerous companies, many of which he helped build into successful enterprises."
What the circular doesn't say is that Blankstein raised about $650 million of that money for Global Light and Highpoint, most during the telecom bubble. Both became bankrupt after the bubble burst. The shares were delisted and shareholders were wiped out.
These companies still rank among Vancouver's biggest stock market busts. There were numerous other, smaller flops. Genco shareholders might want to review these matters before casting their votes Thursday.
dbaines@png.canwest.com

© The Vancouver Sun 2008