Die Zahlen von 2004:
Verlust 0,6 Mille im Vergleich zu Gewinn im Vorjahr.
Guter report.
Witzig: sie steigt um 7% an der AMEX auf 1,03$.
http://biz.yahoo.com/cnw/050304/e_clauderes_fin_resul_1.html
Tschonko
12. Februar 2026, 20:38
Die Zahlen von 2004:
Verlust 0,6 Mille im Vergleich zu Gewinn im Vorjahr.
Guter report.
Witzig: sie steigt um 7% an der AMEX auf 1,03$.
http://biz.yahoo.com/cnw/050304/e_clauderes_fin_resul_1.html
Tschonko
frr,
IMA hat einfach das größte potential.
Die weitere Entwicklung wird sehr interessant in Bezug auf Finanzierung,
möglichen partnerschaften etc.
Bin da optimistisch. Das ist wirklich langfristig.
Was hältst du von der Abspaltung von IMA? (GRG
Dr. Richard Appel auf gold eagle:
"Übersehen Sie nicht die Juniors ohne Edelmetallbezug"
Das sind eigentlich meine besten pferdchen.
http://www.gold-eagle.com/editorials_05/appel030305.html
Hier noch aus seiner homepage eine Liste der Unternehmen, die er so verfolgt. Wenn man den Namen anklickt, erscheinen seine Kommtentare.
Ein besonderes Zuckerl (in Bezug auf kommentare und verfall der aktie) ist Athlone Minerals. Die heißen jetzt Athlone energy.
An denen hält er eisern fest. Besonders den letzten Satz bei Kommentar Jan 05 muss man sich auf der Zunge zergehen lassen.
Musste feststellen, dass ich auch einige aus seiner Liste habe.
http://www.financialinsights.org/
Grüße
Tschonko
Hallo planspieler,
hast recht. glaubst ich weiß noch, was hier alles drin steht.
Auf Seite 5 ist das mit sino und Morgan,
da steht aber das modell portfolio gleich drunter.
Grüße
tschonko
Planspieler,
zuerst mal Servus.
Wo hast du was gesehen? Wenn du es gesehen hast, könntest es eh selber posten.
Zu Sino SSLV.OB gibt es hier einen eigenen Thread, glaub auf Seite 2.
Passt hier auch her, darum:
hier ein Link: 2 Meldungen, zwecks finanzierung.
http://www.resourceinvestor.com/pebble.asp?t=43
Hast die Empfehlung vom "Aktionär"?
Wenn die auch noch sagen würde, wenn man wieder rausgeht, wären sie s u p e r. ![]()
Tschonko
Telfer und Mc Ewen sind schlaue Burschen.
Aktien werden zurückgekauft.
Der WHT Deal ging über Aktien.
Mit Cash werden Aktien zurückgekauft und die nächste Übernahme finanziert.
Für mich schon jetzt eine der solidesten goldminen weltweit.
Um GG wird man nicht mehr vorbeikommen.
GG und GFI und Kinross sind meine Klötze, sonst nur Ponys.
(Wem die Ponys nichts sagen, guckt beim thread: Juniors in Canada)
Mc Ewen ist geistig schon im Jahre 2007/08.
Jedenfalls ist das seiner Strategie zu entnehmen.
http://yahoo.reuters.com/finan…16-51-11_n02450513_newsml
Tschonko
Cabo mining (CBE.V) hat Verlust geschrieben.
Bin enttäuscht, da ich annahm, dass sie eigentlich Gewinn hätten machen müssen. Ändert aber nichts an den guten Aussichten.
Ist eigentlich wer bei Cabo dabei?
Hier der Bericht:
http://biz.yahoo.com/ccn/05030…c146952d65ae76bb32_1.html
Hier ein Bericht vom August 04 von Paul Moriaty zu Adanac (AUA.V):
damaliger Kurs 0,59, heute 0,71:
Ein Molybdenum Play, die sind ja in zur Zeit.
Ich hab sie nicht.
http://www.321gold.com/editori…iarty/moriarty080904.html
Grüße
tschonko
Patrone,
du meinst mit MGX Mount Gibson?
Das bei den Charties hab ich auch gelesen und lauthals gelacht.
Wieviel Aventinus musst denn trinken, dass di de Preissn verstehn?
frisch vom 2. März:
http://www.miningaustralia.com.au/articles/86/0c00fc86.asp
Tschonko
GG hat 82% der WHT Shares. Übernahme geglückt.
GG wird noch zu beachten sein in den folgenden Jahren.
Eine feine Übernahme nochj, dann soll es aber genug sein.
wahrscheinlich schon heuer.
http://biz.yahoo.com/bw/050301/15557_1.html
Tschonko
@silberthaler,
der Aufsatz in voller Länge + Kommentar steht eh schon da vor deinem Posting.
IMA ist gestern gut gegangen, noch besser der Ableger von IMA,
GRG.V.
Nächste Woche dürfte dann Endeavour etwas zulegen.
Viel ist es ja nicht
Grüße
Tschonko
Weiß auch nicht, was GMX ist.
@ Peter,
ist dir eh bewusst, dass du mit derartigen Äußerungen am verbalen
Watschbaum rüttelst.
Also bei mir nicht, um keine Missverständnisse aufkommen zu lassen.
Tschonko
Hommel hat letzte Woche in seinem Silberreport einen Bewerb ausgeschrieben, bei dem man eine vorgegebene Aktie mit einem bericht versieht. ca. 800 Wörter.
Thema war IMA Exploration
Es gab 18 Einsendungen.
Der Autor des veröffentlichten Beitrages, von Jason noch editiert, kriegt einen 100 oz. silberbarren.
Ausgesprochen gute Idee, bei der auch etwas davon hat, weil bei einer Aktie so ziemlich alles auf den tisch kommt und er alle Berichte lesen kann.
Hier der Siegerbericht:
Silver and IMA Exploration
by Jack Myers and Jason Hommel
More and more people are becoming aware of the growing importance of silver as an investment vehicle. The fundamentals for the shiny metal are excellent and can only get better. The key? Supply and demand. Annual mine supply is just under 600 million ounces while annual demand is almost 900 million ounces, and almost all of that demand is from industry at 40%, jewelry at 30%, or photography at 25% of annual demand. Investment demand is less than 5% of annual demand, and that is poised to change due to the growing awareness of the silver shortage. Why is silver in short supply?
Silver is the greatest conductor of electricity known to man, and so it has been used in virtually every electrical device ever created. Since the end of World War II, the United States consumed about 7/10ths of an ounce of silver per person. Most of the silver ever produced in human history has been consumed, and so, now above ground silver is more rare than gold.
Of course, in a world increasingly awash in devalued paper currencies and debt, silver’s most important use of all may be its historic role as real money. When the train inevitably starts to come off the troubled economic track, silver will once again serve as a tried-and-true monetary refuge. Ultimately, silver is a proven store of value.
However, despite its many strategic uses, silver incredibly finds itself in a growing supply deficit. That’s because once-enormous above-ground stockpiles have been drawn down to dangerously low levels. More silver has been used than produced in the last sixteen (now going on seventeen) years! Sixty years ago, during the bygone era of silver coinage, billions of ounces of Ag were kept in storage. Today these immense stores are nearly gone. For the first time in memory the U.S. Mint is buying silver in the open marketplace to produce its yearly supply of Silver Eagle coins. Today’s spot price is $7.26. During 1979-1980, the oil baron Hunt Brothers and their Middle-eastern friends conspired to corner the world’s lucrative silver market. They nearly succeeded, driving the spot price to $50 in the process. Today's inflation-adjusted price of the former peak would be well north of $150 to $250/oz. The difference today is that above-ground supplies have gotten much smaller, and fewer mines are producing silver as their primary metal. China is consuming all commodities — silver included — at a voracious rate, and the global financial system is drowning in an ocean of paper. It’s not question of whether the silver price is going to explode, but when.
Many silver stocks in exploration companies stand to explode in price to an even greater degree due to the leverage they offer the silver investor. Exploration companies also can explode in price as they create wealth through the process of discovery. IMA Exploration is one company that deserves a closer look.
Mining people are continually on the lookout for the next “elephant” — the colloquial term for a company-making mineral deposit of gargantuan proportions. The overwhelming majority of outfits never find such an increasingly elusive prize. However, one company . . . IMA Exploration (IMR-TSX.V, IMXPF-OTC.BB), recently bagged a certifiable silver “elephant” in the Patagonia region of Argentina. At a whopping 268 million indicated ounces of silver and still growing, the question remains, just how big of an ore body has IMA discovered?
To date, the raw numbers are truly impressive. And with nearly every turn of the drill, IMA is adding more metal to its already stunning totals. IMA’s “Navidad” property is vast, its geology rich and complex. Multiple styles of mineralization occur along a several-kilometer trend. There’s copper, lead, and silver — so, so much silver. Bulk, lower-grade tonnage interspersed with dazzling intercepts of bonanza-grade mineralization.
Some are calling Navidad the hottest new silver deposit anywhere on the planet. So far, Navidad has lived up to this exalted billing.
Highlights include:
-- 80.8 million tons at 103 g/t silver and 1.45% lead using a 50 g/t silver equivalent cut-off.
-- 207 million indicated ounces of silver (Ag) at Galena Hill, “ground zero” at Navidad. Plus over one million tons of lead and another 36 million “inferred” ounces of the precious metal.
-- 61 million oz. Ag at nearby “Navidad Hill” and the “connector” zone that links Navidad Hill to Galena Hill. One intersection boasted an astounding 1,165 grams of silver per ton over 28 meters.
-- A more recent “blind” discovery at Calcite Hill that yielded a 72-meter intersection with a respectable 202 g/t Ag.
-- The new “Sector Zeta” and “Loma de la Plata” zones. Channel samples from Sector Zeta have returned in excess of 1% copper and 100 g/t silver while Loma de la Plata shows in excess of 200 to 400 g/t Ag over more than 50 meters. Drilling has yet to begin.
Basically, Navidad contains some seriously rich rock. One drill result was 35.8 m of 2,850 g/t of silver. That's about 92 ounces/tonne of silver over 117 feet! At $7.26/oz., that rock is worth $668/tonne! And most of IMA's silver is close to surface, and will thus likely be mined by the cheaper open-pit method, that can sometimes be profitable when mining rock worth about $30/tonne! (This explains why the cut-off grade when determining resources is as low as 103g/tonne or 3.3 oz./ tonne.) One IMA geologist stated that he thought Navidad was much more than a potential mine: it was a mining district!
To date, the current resource calculation is as follows: total indicated resources are 271 million ounces of silver, and an additional 36 million ounces inferred, for a total of 307 million ounces of silver. Those numbers are 43-101 compliant. These numbers will likely continue to grow significantly over the next several years as drilling the district continues year round due to the mild climate.
Conveniently located near one of Argentina’s major highways, Navidad presents no major infrastructure problems. It’s the kind of wealth-generating property mining giants the world over are scrambling to find — or buy out at increasingly inflated prices. Majors today are involved in a strategy of merger mania as the quickest way to grow their depleted property portfolios. And Barrick Gold is already a major shareholder in IMA.
One way to judge the quality of the project is to look at the quality of the people the project attracts. On Feb. 17th 2005, IMA announced the appointment of Eng. Augusto Baertl to be responsible for the development of IMA's 100% owned Navidad silver deposit in Argentina. As the former President of Compañia Minera Antamina, Mr. Baertl developed Antamina, which involved a capital investment of US $2.2 Billion. Antamina was operational ahead of schedule, under budget and in strict compliance with international social and environmental standards.
IMA is headed up by Joseph Grosso, an old pro in the search for Latin American resources. Mr. Grosso’s family ties and connections in Argentina gave him the inside track on cherry-picking the country’s premier properties in the early 1990s. That’s when Buenos Aires finally gave the go-ahead for international mining ventures to do business in their highly prospective and under-explored provinces.
IMA currently has just over 44 million shares outstanding — 49 million shares fully diluted when all warrants and options are considered. If all warrants and stock options are exercised, it would bring in about $12 million Cdn. Management owns 15-17% of this debt-free company. With a February 25th closing price of $3.88 Cdn, the market cap for this stock is a very reasonable $154 million in U.S. dollars.
At current share prices, the cost to investors for the ounces in the ground, may be calculated as follows: $154 million market cap / 307 mil oz. = $.57/oz. Or, if the exploration potential of IMA is up to a billion ounces of silver, then perhaps the following may be more accurate: $154 million market cap / 1000 mil oz. = $.15/oz. Expressed another way, you may be getting title from between 13 to 47 ounces in the ground, for one ounce of silver's worth of stock. Meaning, if you spend the equivalent of $7.26 on stock, you are buying title to 13 to 47 ounces of silver in the ground.
Why so reasonably priced? After news of the initial discovery at Navidad, another Canadian miner filed a “nuisance” suit alleging that IMA used its proprietary geologic data to zero in on Navidad. The dispute centers around the bid process for the Calcatreau gold property in Argentina, now wholly owned by Aquiline Resources, the plaintiff in the suit against IMA. IMA, along with Aquiline, was a bidder for Calcatreau, and was shown confidential data for the purposes of placing a valuation on Calcatreau. All parties signed confidentiality agreements that excluded them from exploring and staking ground within some three kilometers of Calcatreau. Navidad, a silver-lead property, lies approximately 42 kilometers from Calcatreau, a gold property. Many have already dismissed Aquiline’s claims entirely. The CEO of Aquiline, also a principal in other mining ventures, has earned a reputation as something of a serial litigant, and is currently involved in a separate mining lawsuit in Australia. Meanwhile, shares of IMA will continue to trade at a discount until the matter can be cleared. A court hearing is scheduled in British Columbia in October 2005.
Expect the suit to be settled in IMA’s favor — eventually. If Aquiline had the same information as IMA, why didn’t they stake Navidad? Or mining giant Newmont, which had previously owned Calcatreau and generated the proprietary data purchased by Aquiline? When the truth is revealed, it will show that IMA was actively exploring the Chubut province in Patagonia and was already zeroing in on Navidad at the time they kicked the tires at Calcatreau.
“There is absolutely nothing to the claim,” CEO Grosso states flatly.
To summarize, no investment today offers the explosive upside and limited downside of silver. And very few publicly traded silver companies offer the kind of extreme leverage, proven deposit growth, and blue-sky potential of IMA Exploration.
Stock prices go up and down, and past performance is neither an indicator, nor counter-indicator, of future performance. The information in this essay has been gathered from many sources that are believed to be reliable. No guarantees are being made that this information is reliable. All potential investors are encouraged to contact IMA to verify all important information.
For more information and to get on IMA’s mailing list, contact the company at info@imaexploration.com, and/or visit their web site at http://www.imaexploration.com. You can also call the company toll-free at 1-800-901-0058. Mr. Sean Hurd is the person in charge of investor relations — he’ll be glad to hear from you.
Jack Myers is a seasoned investor in the junior mining sector. Myers has not been paid by IMA Exploration for producing this article, nor does he work for the company. He does own shares in IMA Exploration, as well as shares in IMA’s sister company Golden Arrow Resources (GRG-TSX.V), a grassroots explorer which was spun off from IMA in 2004. Mr. Myers works as a technical writer in Valley Forge, PA. He can be contacted at jackmyers@peoplepc.com.
Jason Hommel sponsored the writing of this essay by offering to give a 100 oz. silver bar to whomever could write the best essay on silver and IMA Exploration. Jason edited the essay, and added a few bits of information that was researched and highlighted in a total of 18 essays submitted. Jason also owns shares in IMA Exploration, and Golden Arrow, and has not been paid by either company to write this article. Jason Hommel writes a weekly silver stock report that covers the market caps of about 80 silver stocks. See silverstockreport.com
Das ist der beste Hommel Report seit langem meiner Meinung nach:
Warum?
1. ein erneurter "Money Chart": Gleich nach der Einleitung unter den blau hervorgehobenen zeilen. Auf dem neuesten Stand.
Das ist der Chart!
2. Einige Super Charts (Gold - Yen + Quellen)
3. Er steltt eine neue Google Funktion vor, bei der man Fragen stellen kann und dann irgendwer im Netz gegen Bezahlung dies fundiert beantwortet.
4. Jede Woche ist ein Bewerb ausgeschrieben, bei dem man eine vorgegebene Aktie mit einem bericht versieht. ca. 800 Wörter.
Diesmal waren 18 Einsendungen zu IMA Exploration.
Der Autor des veröffentlichten Beitrages, von Jason noch editiert, kriegt einen 100 oz. silberbarren.
Ausgesprochen gute Idee, bei der auch etwas davon hat, weil bei einer Aktie so ziemlich alles auf den tisch kommt und er alle Berichte lesen kann.
Nächste Woche ist Endeavour Silber dran.
Zwar zeitaufwendig zu lesen, aber es lohnt sich.
Tschonko
@silberthaler,
gut kombiniert.
Ich mein halt, sie müssen 6 Monate durchhalten können.
Dürften sie auch schaffen.
Aber in der Zeit ist auch noch viel platz nach unten.
Tschonko
@eldo,
gut, dass ich bei DRD nicht nachkaufen muss.
Ich hab die schon im März 04 verkauft zu 3,50.
Aber ein Einstieg ist bei 1$ mehr als eine überlegung wert. Eigentlich eine starke........ Andererseits, ist schon alles am Tisch?
Die vor einer Woche (19.2, Seite 6) hier beschriebenen FCO.TO haben heute wie vermutet ein neues 52 Wochen Hoch erreicht. Zur Zeit 0,67.
Admiral Bay (ADB.V): Gas wird nach Produktionspanne wieder verkauft und das PP zu 1,47C$ hat noch Behaltefrist bis 22. Juni 2005.
Ein wichtiges Datum, weil nach jetzigem kursstand werden da viele Aktien auf den markt kommen.
Die Meldung:
http://biz.yahoo.com/ccn/05022…cec69499ce87a70ddc_1.html
Kleine Position WML.V gekauft. Sehr riskant, ein leerer mantel, der sich langsam füllt und vielleicht eine sehr gute Fülle bekommen könnte.
Ich kanns halt nicht lassen. ab und zu brauch ich sowas.
Grüße
Tschonko
Hallo,
jetzt sind wir schon in der Zeit der Übertreibungen. Was jetzt bei manchen Buden abläuft, ist mir nimmer wurscht.
Das ergibt eine eine stärkere Korrektur
Sehr beständig mit großem drive:
First majestic (FR.V), Avino (ASM.V) und SVL.V(Silvercrest)
Gemächlich, aber stetig: SRLM.PK
Nichts tut sich bei Scorpio, Nevada pacific, IMA (die waren vorher schon gut gelaufen) und CGR (aber das ist sowieso ein geduldsspiel).
CZN.TO ist wieder mal von den 0.8 zurückgeprallt und CFTN.PK gurkt um die 0,7 herum.
Außerordentl. gute meldung bei MGN gestern, Governor Schweitzer sichert Unterstützung zu für das Montanore projekt. (siehe MGN Thread).
ALMI.OB: das geht mir schon etwas zu schnell, obwohl es mich schon freut, weil investiert.
Ebenso bei PLL.V (zur jetzigen Stan der Dinge auch schon übertrieben)
Aber das Ding ist noch am Laufen.
Aus PBX.V bin ich mal raus (Gewinne mitnehmen), sind prompt seither um 20% gestiegen. Aber mir reichen 60% in einem Jahr.
Von den hier erwähnten Aktien bin ich in FR.V, SVL und Scorpio nicht drinnen. Scorpio scheint ja zur Zeit recht günstig zu sein, aber irgendwo ist da ein Haken.
Grüße tschonko
Pascal,
ja man soll den Tag nicht vor dem Abend loben.
Zur zeit meines postings waren es 3%.
Börsenschluss: Letztendlich waren es 6%.
Darf morgen ruhig so weitergehen.
Tschonko
Eine wirklich gute Meldung für MGN.
Governor Schweitzer sagt seine volle Unterstützuing für das Montanore Projekt zu.
Das ist deshalb so wichtig, weil Montanore in einem Naturschutzgebiet liegt und die Bevölkerung von Montana da sehr happig ist.
MGN will ja kein Cyanide Verfahren benutzen. Canyon Resources wurde
ja anlässlich der für sie negativen Abstimmung anlässlich der US-Präsidentschaftswahl gnadenlos in den Keller geschickt.
Ich halte das für die weitere Entwicklung von MGN für sehr wichtig, könnte auch die Durchführung beschleunigen.
Die Börse sieht es noch nicht so. Nur + 3%.
Na, dann vielleicht morgen!
Tschonko
Im letzten Quartal hat GG wieder 52.497 oz. nicht verkauft, was den gewinn schmälert, wie Analysten bekritteln.
Insgesamt werden nun schon 221220 oz. Gold zurückgehalten.
Rob Mc Ewen erwartet eben einen höheren goldpreis. Und sie haben Gold statt Dollars, was ja sehr gescheit ist.
Cash haben sie auch noch genug.
Eine Strategie, die aufgehen könnte.
Die WHT Produktion soll insgesamt verkauft werden.
Schade, dass sich niemand an der Übernahmespekulation beteiligt.
Wer wird als Nächster von GG eingesackt?
Tschonko
Goldcorp profit drops as gold withheld from market
Tue Feb 22, 2005 11:18 AM ET
(Recasts with conference call. Changes dateline, previous TORONTO. In U.S. dollars unless noted)
VANCOUVER, British Columbia, Feb 22 (Reuters) - Profit at Goldcorp Inc. (G.TO: Quote, Profile, Research) , a mid-sized gold producer that clinched a $2 billion takeover of Wheaton River Minerals Ltd. (WRM.TO: Quote, Profile, Research) earlier this month, fell in the fourth quarter as it continued to refrain from selling all the metal it mined.
As promised, the Toronto-based company held back almost a third of its output, an unusual practice started by Goldcorp's chief executive to delay paying tax and in the belief that gold prices will rise, making the cache worth more.
Chief executive Rob McEwen said Goldcorp was reviewing how much output to hold back this year but that gold and copper production from Wheaton River, which will be blended into Goldcorp by the end of April, would likely be sold as per normal.
"At the moment that would be the plan," McEwen said in response to a question on a conference call with analysts.
Goldcorp's stock jumped 59 Canadian cents, or 3.6 percent, to C$17.09 on the Toronto Stock Exchange on Tuesday morning, rising with other gold shares as bullion prices hit their best level this year.
Shareholders of Wheaton River last week backed Goldcorp's takeover, creating a new company that will rank as North America's fifth-biggest gold miner and the world's lowest-cost million-ounce-a-year producer.
McEwen said he didn't expect more than $5 million a year of cost savings from the takeover as mining companies with diverse global assets have few synergies. Some money would be saved from a single stock market listing and paring down the Toronto head office.
Ian Telfer, Wheaton River's CEO and the anointed CEO of the merged company, was also on the conference call.
Late on Monday, Goldcorp, which owns the high-grade, low-cost Red Lake gold mine in Northern Ontario, reported earnings of $15 million, or 8 cents a share, in the three months to the end of December.
That compared with analysts' expectations of 9 cents a share, and was well down from $43.3 million, or 22 cents a share, in the year-before period.
The company withheld from sale 52,497 ounces, or 32 percent, of the 166,254 ounces of gold it produced between October and Dec. 31. In the same period in 2003, output was 158,289 ounces.
Goldcorp said it now has 221,220 ounces of bullion in its treasury, which is worth more than $96 million and is more gold than the government of Canada holds.
It cost Goldcorp, one of the world's lowest-cost producers, $127 to produce an ounce of gold during the quarter, up from $95 per ounce in the year-ago period.
Goldcorp's gold reserves remained steady at 5.2 million ounces as the company found more metal through exploration and used a higher bullion price to calculate unmined ounces.
@eldo,
wir haben angestoßen, wurscht mit was. Du hast es besser, bei dir war ne Thai Frau, bei mir nur der Computer.
Cabo: CBE.V
Cabo hat sich schon wieder eine Drilling Gesellschaft einverleibt.
Die werden mir langsam unheimlich. aber es könnte aufgehen.
Dann haben wir Kurse in richtung 2 CAN$.
Hier der Bericht:
Cabo to Acquire Les Forages de Montreal (Montreal Drilling)
Monday February 21, 3:12 pm ET
-- Transaction to Bring Geotechnical and Environmental Drilling Services Company into Cabo Fold --
VANCOUVER, Feb. 21 /PRNewswire-FirstCall/ - Cabo Mining Enterprises Corp. ("Cabo" or the "Company") (TSX-V: CBE - News) announces that it has signed a letter of intent to acquire Quebec-based Les Forages de Montreal (1988) Inc. ("Forages de Montreal"). Cabo will pay $750,000 comprised of $350,000 in cash and 500,000 Cabo common shares at a deemed value of $0.80 per share. The transaction is subject to board approval, due diligence and regulatory approval.
The acquisition will bring specialty driller, Forages de Montreal, into the Cabo fold and will add breadth to the Company's geotechnical and environmental drilling capability alongside existing Cabo subsidiaries, Stratacan Inc and Stratacan (Quebec) Inc. Forages de Montreal, founded in 1988, is a geotechnical, geothermal, hydrological and environmental drilling services provider with a fleet of 15 rigs and a staff of 25. Their operations are in the Province of Quebec, mainly in or around Montreal and Quebec City.
"We are looking forward to the addition of Forages de Montreal to the
Cabo team... we like their demonstrated growth, focus on customer
service, their professionalism and their innovative 'can-do' approach...
Forages de Montreal promises to be a great complement to Stratacan and
will help put Cabo on the specialty drilling map in Quebec," said John
Versfelt, Cabo's Chairman, President and CEO.
In the past three years Forages de Montreal, headed by its founder, President and General Manager, Andre Laplante, has dedicated a large part of its resources to developing innovative technologies and training personnel. They currently deal with a number of loyal customers, for whom they do year- round work. Most of these clients are engineering firms and include: Technisol; Biogenie; Desseau-Soprin; and SNC Lavalin.
In 2004, Forages de Montreal reported gross revenue of $1.6 million with profits before taxes of $85,000. In 2003, they reported $2.1 million gross revenue with profits of $52,000.
Cabo Mining Enterprises Corp. is a drilling services and mineral exploration company headquartered in North Vancouver, British Columbia, Canada. The Company, presently with more than 100 drills and more than 225 staff, provides drilling services through its subsidiaries Heath & Sherwood Drilling (1986) Inc., of Kirkland Lake, Ontario; Petro Drilling Company Limited of Springdale, Newfoundland; Stratacan Inc. of St. John's, Newfoundland; Stratacan (Quebec) Inc. of St. Julie, Quebec; and Advanced Drilling Ltd. of Surrey, British Columbia. Cabo's mineral exploration properties are located near Cobalt, Kenora, and Sudbury, Ontario, Canada. The Company's common shares trade on the TSX Venture Exchange under the symbol: CBE.
Grüße
Tschonko