Beiträge von Tschonko

    Ist das nun eine gute oder schlechte Nachricht?
    Gut ist, dass wenigstens etwas Geld reinkommt...


    ECU Silver Signs Concentrate Sales Agreement
    Monday September 29, 12:22 pm ET


    TORONTO, ONTARIO--(Marketwire - Sept. 29, 2008 - ECU Silver Mining (TSX:ECU - News; the "Company") is pleased to announce that it has entered into a contractual agreement with MK Metals Trading S.A. de C.V., a division of Nexxtrade ("MK Metals"), an international broker, for the sale of both our lead concentrates and our zinc concentrates. This is an important event for the Company as it underscores the ability of the Company to realize value for its lead and zinc concentrates in a market where sales of mineral concentrates to smelters has been very difficult and limited for several junior mining companies.
    Several months ago the Company opted to curtail the processing of mineralized material for a number of reasons including the fact that our mining efforts were beginning to interfere with our exploration activities in the region we were exploring at that time. Since then, our exploration has advanced to other areas and with the ongoing strength in commodity prices, we resumed the processing of our mineralized material. The Company's main focus continues to be on exploration and over the past several months we have reported tremendous successes with our exploration program and we expect to provide an updated N.I. 43-101 as soon as possible. Coincident with our recent exploration successes, we have been milling at our flotation plant in Velardena at an approximate rate of 200 tonnes per day (tpd) where we are generating a lead concentrate, a zinc concentrate and a pyrite/gold concentrate. The majority of our silver product is incorporated within the lead concentrate whereas the majority of our gold is within the pyrite/gold concentrate.
    The lead and zinc concentrates can be sold to various smelters around the world. As such, we have secured the sale of our concentrates through an international broker who can package several small quantities of concentrates from junior producers and offer global smelters concentrate packages in sizes that can essentially compete with major producers. In this way, these brokers can negotiate more attractive terms with the smelters thereby allowing small producers to obtain respectable prices for their concentrate.
    The Company has sold MK Metals an initial inventory of 400 tonnes of lead concentrates and 450 tonnes of zinc concentrates. The shipments started on Saturday and will be finished this week. The total value of these shipments will be approximately US$1.2 million.
    With regard to our gold/pyrite concentrate, we have conducted several metallurgical tests to optimize the Net Smelter Return (NSR) value of the pyrite/gold concentrate. We are in the process of evaluating certain options for this concentrate and once we have identified the best option we will report it to our shareholders. We currently have a pyrite/gold concentrate inventory of 7,000 tonnes containing approximately 5,000 ounces of gold and 35,000 ounces of silver.
    The ability to realize value for our concentrates is exceedingly important in that it provides additional integrity to the quality of our expanding mineral resource. We expect that the expansion of our mineral resource will incorporate the successful results we have announced over the past several months, namely; i) the discovery of both the western extension (press release dated August 29, 2007) and the eastern extension (press releases dated March 31 and May 28, 2008 of the main Terneras Vein on the main Velardena Property, ii) the discovery of a new vein at Chicago (press release dated May 8, 2008 which provides ongoing evidence of the exploration potential on the Chicago Property, iii) very encouraging results at our San Diego joint venture property (press release dated June 23, 2008 and iv) our most exciting discovery this year, the massive sulphide lenses at depth (press release dated July 9, 2008 which we believe are located very close to the intrusive which created the source of mineralization for the extensive system of veins at Santa Juana on the main Velardena Property.
    Additional Information:
    ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardena District Properties in Durango, Mexico. The area is comprised of three properties, the Main Velardena Property, the Chicago Property and the San Diego Property. The properties are located near to each other and include five historical mines - Santa Juana, Terneras, San Mateo, San Juanes, and the San Diego mine. ECU's goal is to establish a significant polymetallic mineral resource in the heart of Mexico. ECU's mission is to become a pre-eminent silver and gold producer through the development of existing, and additional potential resources at Velardena.

    liberty,
    die Übernahmen werden billig....
    Wenn der Übernehmer gut ist, dann kann man es lassen.
    Obwohl ich dazu neige, da immer sofort zu verkaufen.


    Viele explorer stellen schon das drillen ein oder erwägen es.
    Was wiederum heißt, neue Gebiete werden nicht weiter entwickelt.
    Das macht aber wiederum die Bestehenden wertvoller.
    Gute Explorer, wo alles passt (selten!), werden Kometen.... :D


    Siehe Beispiel Yale von gestern und weil der Mainstream jetzt meint, es gehen nur mehr die Producer, was ich übrigens nicht abstreite.



    Der 700 Mrd. Deal ist durch. Liquididät ist auch bitter nötig.
    wird wohl nicht reichen, aber es verzögert das ganze, was allein schon positiv ist, weil diese verwerfungen sind ja nicht angenehm.


    Insgesamt sind wir da (das video ist ja nich so doll, aber Musik aus 1965 noch immer.....


    [tube]

    Externer Inhalt www.youtube.com
    Inhalte von externen Seiten werden ohne Ihre Zustimmung nicht automatisch geladen und angezeigt.
    Durch die Aktivierung der externen Inhalte erklären Sie sich damit einverstanden, dass personenbezogene Daten an Drittplattformen übermittelt werden. Mehr Informationen dazu haben wir in unserer Datenschutzerklärung zur Verfügung gestellt.
    [/tube]

    Nur als Beispiel: Yale vorgestern plus 54% mit nicht mal 10000€ Umsatz.
    Gestern so 23% runter mit 10000 shares gehandelt, das sind ca 700€.
    So was von ausgetrocknet.
    Aber große Bewegungen..........
    Sollt man sich merken!



    Die Merger werden kommen, aber mir macht der Aufpreis Sorgen...... :hae:
    Heißt: nur weniger Verlust........ :D



    High Number of Gold and Silver Mergers Forecasted


    by: FP Trading Desk posted on: September 23, 2008 |
    There will be an unprecedented wave of merger and acquisition activity in the gold and silver space that will see junior miners and development companies victimized by factors beyond their control and snatched up by senior and mid-tier producers making use of their healthy cash flows and stable balance sheets, according to a new report from Blackmont Capital.
    Analyst Richard Gray said in a research note:

    Zitat

    While there remain several junior companies with projects that are expected to ultimately be economic under the current gold price, a significant amount of upcoming mergers and acquisitions are likely to be done under the assumption that the gold price will increase in the longer-term.

    He said seniors like Barrick Gold Corp. (ABX) and Newmont Mining Corp. (NEM) are likely looking for immediate production, Kinross Gold Corp. (KGC) is trying to fill in its growth gaps, and names like Goldcorp Inc. (GG), Yamana Gold Inc. (AUY) and Agnico-Eagle Mines Ltd. (AEM) are seeking to capitalize on strong cash flows.
    At the same time, mid-tier gold producers like Eldorado Gold Corp. (EGO) may be trying to pick off geographically strategic development projects, while names like Iamgold Corp. (IAG) and New Gold Inc. (NGD) trying to meet stated goals of growth through acquisition.
    Junior producers like Semafo Inc. (SEMFF.PK) are also likely seeking more assets, with companies like Jaguar Mining Inc. (JAG) expected to take advantage of its strong balance sheet and Northgate Minerals Corp. (NXG) its strong cash flow, Mr. Gray noted.
    Mr. Gray said:

    Zitat

    We also expect the struggling junior market to look towards more mergers in order to gain the critical mass to be relevant. In the current uncertain market, investors look for size and liquidity and the one-project juniors typically do not provide these important characteristics.

    On Monday, First Quantum Minerals Ltd. (FQVLF.PK) said it is seeking takeovers after the credit crunch caused financing difficulties for its smaller competitors. Octagon Capital analyst Hendrik Visagie agrees with that approach, suggesting that cash rich juniors without projects in development seek tie-ups with juniors that have production but need financing to survive.
    Mr. Visagie said in a note:

    Zitat

    Cash and cash flow are king, juniors who do not have a large treasury and cash flow are having difficulty raising capital to finance their projects, even if they are extremely attractive.

    He believes it is cheaper to buy projects than to develop them, and recommends that investors look at names that are in a good position to use their balance sheets to acquire undervalued assets.
    Blackmont's Mr. Gray suggested that a three-way merger between Aurizon Mines Ltd. (AZK), Jaguar and Semafo, for example, would look a lot like Iamgold, but they would have a combined market cap roughly 38% lower. “In this market, bigger is quite likely to be considered better,” Mr. Gray said.
    In the silver sector, major players Fresnillo Plc (FNLPF.PK), Pan American Silver Corp. (PAAS), Silver Wheaton Corp. (SLW), Hecla Mining Co. (HL) and Coeur d’Alene Mines Corp. (CDE) are all said to be looking for opportunities in the devalued junior space. If any two or three of Pan American, Coeur d’Alene and Silver Standard Resources Inc. (SSRI) were to merge, this would create a big cap name that could compete with Fresnillo and possibly get some of the same big cap bias senior gold producers get, the analyst said.
    Mr. Gray recommends investing in larger producers such as Kinross and Yamana, saying they are not only potential targets for their larger rivals, but offer attractive valuations and generate strong cash flows. He also suggested clients have positions in Jaguar, First Majestic Silver Corp. (FRMSF.PK) and Silver Standard due to their healthy fundamentals and takeover potential.
    To demonstrate the mood of the market and how they are valuing miners’ resources, the analyst noted that senior gold names are trading at an average of $198 per ounce compared to $74 for the mid-tiers and $29 for the juniors. Senior silvers, meanwhile, trade at an average of $3.22 per ounce versus $0.98 for the juniors.
    While other factors come into play when an acquisition is being considered, Mr. Gray said this advantage is nonetheless important when justifying the premiums often seen in gold and silver deals.

    Teil 2 zu TARA:


    Gold Target
    Tara Gold is currently reviewing all available data with regards to Curcurpe, located in the Curcurpe Mining District which hosts Carlin type gold deposits. The Curcurpe Project covers 2,250 hectares with multiple targets and historic mining over 1.5 km. There are high concentrations of gold-silver bearing vein deposits in the central and eastern parts of the Curcurpe District. Within Curcurpe, a vein structure has been traced for 3 km with grades between 1-8 g/t gold. Disseminated mineralization outside the main vein has shown grades of 1-2 g/t gold. Curcurpe is in close proximity to projects owned by Meridian and Penoles. Tara Gold is prioritizing its options regarding this property.


    Pilar De Mocoribo, Sinaloa, Mexico (Tara Minerals Corp.)
    Zinc/Lead/Silver Mine Property
    Tara Gold owns 80% (30 million shares) of Tara Minerals (OTC BB:TARM.OB - News) which controls 100% of Pilar De Mocoribo, a 1,260 hectares Zinc/Lead/Silver property. Preliminary evaluation identified a series of parallel NE trending mineralized structures that can be traced for more than 300 meters. The property lies 10 km SW of an advanced stage Cu-Ag-Au-Mo project. Three samples were collected on the initial property along the structures and returned 25.267% Pb and 15.334% Zn over an average strike length of 8 meters and a width of 1.5 meters. Silver values ranged from 44.81 g/t to 1,111.61 g/t. Additional mapping and sampling is planned before developing a comprehensive action plan to progress the property. Please visit http://taraminerals.com for additional information.


    About Tara Gold Resources Corp.
    The principal business of Tara Gold Resources Corp. is the acquisition, exploration and development of high-quality precious metals projects with potential for economic commercial value. Tara provides investors growth exposure with a diversified exploration portfolio, multiple multi-million ounce targets and several near term production scenarios. Tara Gold is currently focused on generating revenue from the Don Ramon and Lourdes project owned 100% by the subsidiary Tara Minerals Corp. Tara Gold is also positioned to benefit from production start-up at Lluvia de Oro and La Currita, the material exploration and production potential of Picacho, and from the future advancement of La Millonaria, Las Minitas and the Curcurpe projects in Mexico. For more information, please visit the Company's web site at: http://www.TaraGoldResources.com.




    Und noch ein Upgrade: Arian Silver: auch andere Co. in diesem Artikel.....
    http://biz.yahoo.com/ccn/080924/200809240487683001.html?.v=1


    Zu Arian schrieb Moriarty:
    http://www.321gold.com/editori…iarty/moriarty092308.html


    "Arian Silver (AGQ) has a lot of shares outstanding at 131 million but already has proven up 80 million ounces of high-grade silver and silver equivalent. So you are buying 2/3s of an ounce of silver per share. An ounce of silver for $.15 is pretty cheap. I've been to the property and there is a lot more silver to be found. I'll guess they will find 200 million ounces and that brings the price of silver down to about $.05 an ounce. In 2003 similar companies were selling for $1 an ounce in the ground.
    Of all the companies I am writing about today, Arian has the worst cash position, about $900,000 but one of their silver projects is at an advanced scoping study stage. It could be put into production in about 6 months at a cost of perhaps $3.5 million. The company is more of a pure exploration company than I would prefer to be buying right now but it could turn into a production story using contract miners in short order.
    Bob Hoye has written a number of articles talking about the ratio between silver and gold. He has said that he believes the ratio could go as high as 100-1 in the financial crisis now unfolding. Silver is a commodity first while gold is money first. When we got back to a gold standard very soon because everything else has failed, silver is the metal that will be in the highest demand. That's when the ratio goes back to something like 16-1.
    Arian has the projects to be a major silver producer. If you really like silver, Arian has the highest leverage to silver. It could be a $2 stock with what they have right now in a favorable silver environment. Given that it was a $.09 stock on Friday last, you owe it to yourself to at least consider. It's my favorite silver stock right now because it's so cheap."

    heron,
    bei AMC ist es halt eine Überbrückung, bis Einnahmen da sind.


    Noch so ein verprügelter Hund, aber mit schönem Fell....
    Hab ich mal nicht... :D


    Tara Gold Resources Projects Update
    Thursday September 18, 9:56 am ET
    CHICAGO, IL--(MARKET WIRE)--Sep 18, 2008 -- Tara Gold Resources Corp. (Other OTC:TRGD.PK - News) (Frankfurt:T8N.F - News) is pleased to provide an update on its current pipeline of nine near production and exploration projects in Mexico.
    Tara Gold is currently focused on closing the San Miguel sale; start-up of Gold/Silver/Copper production at Lluvia de Oro; start-up of Zinc/Lead/Silver production at Don Ramon and Lourdes; and assessing opportunities to advance Picacho and La Currita.
    Tara Gold also owns equity positions in some of its past/present partners and 80% of Tara Minerals Corp. (OTC BB:TARM.OB - News), a public US company which explores and develops high-quality non-precious metals and mineral projects in Mexico.
    Mr. Francis Biscan Jr., President of Tara Gold Resources, stated, "I believe Tara offers investors excellent value and exposure to growth with a diversified portfolio of both precious metals and base metals properties. With multiple multi-million ounce targets and near term production scenarios, Tara Gold is well positioned and offers tremendous value. A summary of our projects can be found below. I would also like to use this opportunity to express my support and appreciation for the new rules announced by the SEC yesterday to protect investors against noncompliant and naked short selling. Management believes its shareholders have suffered share value due to these factors and looks forward to seeing the SEC implement penalties sufficient to discourage such practices. We also trust they will carefully review the role Market Makers may be playing to enable these practices."
    Project updates are provided below.


    San Miguel, Chihuahua, Mexico
    Significant Silver/Gold Discovery -- 104 million inferred silver equivalent ounces and growing
    On August 27, 2008, Tara Gold sold its interest in the San Miguel project to Paramount Gold and Silver Corp. for 7.35 million common shares of Paramount. The transaction is expected to close during September 2008. Through the share holdings, Tara is positioned to benefit as the deposit continues to grow. Positive drill results, such as 10.3 g/t gold across 10.3 meters, continue to be announced with the discovery of a second high grade area. As a 13% holder of Paramount, Tara is also positioned to benefit from Paramount's additional regional holdings. Please visit http://www.paramountgold.com for additional information.


    Lluvia de Oro, Sonora, Mexico
    Gold/Silver/Copper Mine -- nearing production
    Tara Gold has a 20% Net Cash Flow interest from the processing plant and continues to work with NWM Mining Corporation, its partner, to bring the former producing mine back to commercial production. NWM recently announced that the ongoing commissioning and ADR plant tune-up initiatives resulted in the pouring of its first gold doré button. The amount of crushed ore on the new heap is now approximately 185,000 tonnes and about 75% of the stacked ore has been placed under leach. Work has begun on the application for an explosives permit, required for future mining in the abandoned open pit mine. Please visit http://nwmcorp.ca for additional information.


    Don Ramon and Lourdes, Sinaloa, Mexico (Tara Minerals Corp.)
    Zinc/Lead/Silver Mine -- nearing production
    Tara Gold owns 80% (30 million shares) of Tara Minerals (OTC BB:TARM.OB - News) which is currently focused on bringing its 100% owned Don Ramon and Lourdes property, a high grade, Zinc, Lead and Silver project, into production. We are awaiting the completion of the processing plant. Mining will be focused on 7 areas which contain a combined average grade at the face of 11% Zn, 2.95% Pb and 409 g Ag/tonne. The plant is expected to produce at a capacity of 300 tonnes per day with expansion to 500 tonnes per day within one year. The concentrate produced will be sold at approximately 85% of commodity market prices. Plant commissioning is expected within the next quarter. Please visit http://taraminerals.com for additional information.


    La Currita, Temoris, Mexico
    Gold and Silver Mine -- nearing start-up
    Tara Gold owns 100% of the La Currita mine and plant. The existing plant is capable of processing at a rate of approximately 300 tonnes per day. Management is currently assessing several available options to advance the property towards a 43-101 reserve estimation. In addition, the recommencement of production at La Currita is being considered once commercial production begins at Don Roman. Concentrate from La Currita will be shipped to Don Roman and sold, under the same terms, to established wholesale buyers. Two parallel mineralized vein systems have been identified -- the Sulema I and Sulema II. The head grade from the underground clean-up and Sulema II vein averages 200 g/t silver and 1.2 g/t gold while the open pit grades are significantly higher, reaching 750 g/t silver and 12 g/t gold and higher. Sampling has already shown the Sulema I vein to be at least 1,000 m long and is currently open in all directions. La Currita is located adjacent to Palmarejo (recently sold for US$1.1 billion) with some of the same vein systems continuing into La Currita. Given the consistency of the veins, the potential for significantly increasing the tonnage at La Currita is excellent.



    Picacho, Sonora, Mexico
    Gold and Silver Mine and Plant -- assessing partnership interest
    Tara Gold owns 100% of the Picacho Gold and Silver Mine which includes rolling stock and an extensive processing facility currently capable of processing 250 tonnes per day. The previous owners mined an up to 5 m wide vein structure for 3 years by driving a 5 m by 5 m ramp declining 8% extending over 1 km in length. Production came from several working faces averaging 4-6 m in width. Phase I drilling in June 2007 yielded 11.28 m of 15.57 g/t gold and 32.41 g/t silver. The work confirmed and expanded upon historic data derived from 22 previous holes. It also identified the potential for parallel zones with a combined length of 8.5 kms. Picacho is located in close proximity to, and on trend, to the Mercedes project owned by Yamana Gold where extensive ongoing work is expected to result in significant 43-101 reserves. Tara is currently assessing partnership interest from various parties regarding Picacho.


    Las Minitas, Sonora, Mexico
    Gold and Silver Target
    Tara Gold owns 100% of Las Minitas. A gold-silver system has been uncovered at the Las Minitas property in south western Sonora State, Mexico. The mineralization corridor is believed to cover a minimum 3 km strike length and is approximately 100 m wide. The El Negro target intersected 3.12 g/t gold and 43.80 g/t silver over 24.5 m, including a 1 m section grading 26.07 g/t gold, 273.50 g/t silver. Historical information indicates that 3 zones of interest are present. Tara Gold is assessing options to advance this project.


    La Millonaria, Chihuahua, Mexico
    Gold and Silver Target
    Tara Gold owns 100% of La Millonaria, a 20-30 meter wide silicified and stockwork veined, east-west trending structure that can be traced on surface for a minimum distance of 600 m, with additional workings present up to 2 km along strike. Scattered prospects and adits are present along the structure and selective historical mining has reported recoveries of 10 g/t gold on average. Tara Gold is assessing options to advance this project.
    Curcurpe, Northern Sonora State, Mexico

    heron,
    bei AMC ist es halt eine Überbrückung, bis Einnahmen da sind.


    Noch so ein verprügelter Hund, aber mit schönem Fell....
    Hab ich mal nicht... :D


    Tara Gold Resources Projects Update
    Thursday September 18, 9:56 am ET
    CHICAGO, IL--(MARKET WIRE)--Sep 18, 2008 -- Tara Gold Resources Corp. (Other OTC:TRGD.PK - News) (Frankfurt:T8N.F - News) is pleased to provide an update on its current pipeline of nine near production and exploration projects in Mexico.
    Tara Gold is currently focused on closing the San Miguel sale; start-up of Gold/Silver/Copper production at Lluvia de Oro; start-up of Zinc/Lead/Silver production at Don Ramon and Lourdes; and assessing opportunities to advance Picacho and La Currita.
    Tara Gold also owns equity positions in some of its past/present partners and 80% of Tara Minerals Corp. (OTC BB:TARM.OB - News), a public US company which explores and develops high-quality non-precious metals and mineral projects in Mexico.
    Mr. Francis Biscan Jr., President of Tara Gold Resources, stated, "I believe Tara offers investors excellent value and exposure to growth with a diversified portfolio of both precious metals and base metals properties. With multiple multi-million ounce targets and near term production scenarios, Tara Gold is well positioned and offers tremendous value. A summary of our projects can be found below. I would also like to use this opportunity to express my support and appreciation for the new rules announced by the SEC yesterday to protect investors against noncompliant and naked short selling. Management believes its shareholders have suffered share value due to these factors and looks forward to seeing the SEC implement penalties sufficient to discourage such practices. We also trust they will carefully review the role Market Makers may be playing to enable these practices."
    Project updates are provided below.


    San Miguel, Chihuahua, Mexico
    Significant Silver/Gold Discovery -- 104 million inferred silver equivalent ounces and growing
    On August 27, 2008, Tara Gold sold its interest in the San Miguel project to Paramount Gold and Silver Corp. for 7.35 million common shares of Paramount. The transaction is expected to close during September 2008. Through the share holdings, Tara is positioned to benefit as the deposit continues to grow. Positive drill results, such as 10.3 g/t gold across 10.3 meters, continue to be announced with the discovery of a second high grade area. As a 13% holder of Paramount, Tara is also positioned to benefit from Paramount's additional regional holdings. Please visit http://www.paramountgold.com for additional information.


    Lluvia de Oro, Sonora, Mexico
    Gold/Silver/Copper Mine -- nearing production
    Tara Gold has a 20% Net Cash Flow interest from the processing plant and continues to work with NWM Mining Corporation, its partner, to bring the former producing mine back to commercial production. NWM recently announced that the ongoing commissioning and ADR plant tune-up initiatives resulted in the pouring of its first gold doré button. The amount of crushed ore on the new heap is now approximately 185,000 tonnes and about 75% of the stacked ore has been placed under leach. Work has begun on the application for an explosives permit, required for future mining in the abandoned open pit mine. Please visit http://nwmcorp.ca for additional information.


    Don Ramon and Lourdes, Sinaloa, Mexico (Tara Minerals Corp.)
    Zinc/Lead/Silver Mine -- nearing production
    Tara Gold owns 80% (30 million shares) of Tara Minerals (OTC BB:TARM.OB - News) which is currently focused on bringing its 100% owned Don Ramon and Lourdes property, a high grade, Zinc, Lead and Silver project, into production. We are awaiting the completion of the processing plant. Mining will be focused on 7 areas which contain a combined average grade at the face of 11% Zn, 2.95% Pb and 409 g Ag/tonne. The plant is expected to produce at a capacity of 300 tonnes per day with expansion to 500 tonnes per day within one year. The concentrate produced will be sold at approximately 85% of commodity market prices. Plant commissioning is expected within the next quarter. Please visit http://taraminerals.com for additional information.


    La Currita, Temoris, Mexico
    Gold and Silver Mine -- nearing start-up
    Tara Gold owns 100% of the La Currita mine and plant. The existing plant is capable of processing at a rate of approximately 300 tonnes per day. Management is currently assessing several available options to advance the property towards a 43-101 reserve estimation. In addition, the recommencement of production at La Currita is being considered once commercial production begins at Don Roman. Concentrate from La Currita will be shipped to Don Roman and sold, under the same terms, to established wholesale buyers. Two parallel mineralized vein systems have been identified -- the Sulema I and Sulema II. The head grade from the underground clean-up and Sulema II vein averages 200 g/t silver and 1.2 g/t gold while the open pit grades are significantly higher, reaching 750 g/t silver and 12 g/t gold and higher. Sampling has already shown the Sulema I vein to be at least 1,000 m long and is currently open in all directions. La Currita is located adjacent to Palmarejo (recently sold for US$1.1 billion) with some of the same vein systems continuing into La Currita. Given the consistency of the veins, the potential for significantly increasing the tonnage at La Currita is excellent.



    Picacho, Sonora, Mexico
    Gold and Silver Mine and Plant -- assessing partnership interest
    Tara Gold owns 100% of the Picacho Gold and Silver Mine which includes rolling stock and an extensive processing facility currently capable of processing 250 tonnes per day. The previous owners mined an up to 5 m wide vein structure for 3 years by driving a 5 m by 5 m ramp declining 8% extending over 1 km in length. Production came from several working faces averaging 4-6 m in width. Phase I drilling in June 2007 yielded 11.28 m of 15.57 g/t gold and 32.41 g/t silver. The work confirmed and expanded upon historic data derived from 22 previous holes. It also identified the potential for parallel zones with a combined length of 8.5 kms. Picacho is located in close proximity to, and on trend, to the Mercedes project owned by Yamana Gold where extensive ongoing work is expected to result in significant 43-101 reserves. Tara is currently assessing partnership interest from various parties regarding Picacho.


    Las Minitas, Sonora, Mexico
    Gold and Silver Target
    Tara Gold owns 100% of Las Minitas. A gold-silver system has been uncovered at the Las Minitas property in south western Sonora State, Mexico. The mineralization corridor is believed to cover a minimum 3 km strike length and is approximately 100 m wide. The El Negro target intersected 3.12 g/t gold and 43.80 g/t silver over 24.5 m, including a 1 m section grading 26.07 g/t gold, 273.50 g/t silver. Historical information indicates that 3 zones of interest are present. Tara Gold is assessing options to advance this project.


    La Millonaria, Chihuahua, Mexico
    Gold and Silver Target
    Tara Gold owns 100% of La Millonaria, a 20-30 meter wide silicified and stockwork veined, east-west trending structure that can be traced on surface for a minimum distance of 600 m, with additional workings present up to 2 km along strike. Scattered prospects and adits are present along the structure and selective historical mining has reported recoveries of 10 g/t gold on average. Tara Gold is assessing options to advance this project.
    Curcurpe, Northern Sonora State, Mexico

    Hallo Lucky,
    also da kenn ich mich nicht aus.....Verwechselst du was? Z.B. mit Tom Szabo (da gibt es lebenslange mitgliedschaft......
    das hab ich gekauft mit bericht (der ist übrigens ok und sein geld wert) am besten pn
    Was hat der Hommelberg?
    Dem Middenkoop (der Abgesprungene) dürfte es auch nicht sooo gut gehen mit seinen Werten
    Hab auf die zweite Mail auch keine Antwort erhalten (contest).


    Excellon fährt auch Exploration zurück, FR.TO auch.
    Darum werden die Driller jetzt schon verhaut. Markt ist da sensibel.
    Meine Sensibilität dem Markt gegenüber lässt zu wünschen übrig.
    Anders: bin verwirrt, kein feeling, kenn mich nicht aus... :D


    Excellon Announces Receipt of Mill Construction Permits and Planned Reduction in Operating Expenditures
    Wednesday September 24, 2:44 pm ET
    TORONTO, ONTARIO--(Marketwire - Sept. 24, 2008) - Excellon Resources Inc. (TSX:EXN - News) today announced that it has received all the necessary permits from the Mexican Government to construct and operate a lead/zinc flotation mill at its Platosa Property in Durango State. In addition, Excellon announces that all major equipment for the mill has been acquired and significant additional work has been in progress off site in preparation for the commencement of activity at the mine. Construction on the 350 tonnes per day (120,000 tonnes per annum) mill will begin immediately with mill commissioning expected to commence during the first quarter of 2009.


    In addition, the Company's believes that it is financially prudent to reduce expenditures throughout its operations to reflect the reality of the current metals markets. Thus Excellon announces that it is temporarily reducing the number of diamond drills on the Platosa Property from four to two. The exploration team will remain intact and this time will allow the Company to complete the analysis and compilation of the large amount of geotechnical data that it has generated over the past several years from its drilling as well as other exploration programs. This analysis will allow the Company to better focus the ongoing drilling and future exploration work. Although this reduction is expected to save $4.0 million in fiscal 2009, the Company still expects to spend $8.4 million on exploration during the period. An additional $1.0 million reduction in other expenditures is also planned.
    About Excellon
    Excellon, a mineral resource company operating in Durango State, Mexico, is committed to building value through production, expansion and discovery. The Company is producing silver, lead and zinc from high-grade manto deposits on its Platosa Property, strategically located in the middle of the Mexican silver belt. In fiscal and calendar 2009, Excellon's focus is on expanding its operating capacity with the building of a mill at site and increasing its Mineral Resources through an aggressive exploration program. The Platosa Property, not fully explored, has several geological indicators of a large mineralized system.

    Lucky,
    bei Carpathian ist der Kursverfall ja vollständig nachvollziehbar.
    Mir geht es da ähnlich.
    Wenn man unter PP reinkommt, sollte es ja der Regel nach billig sein.
    Ist es aber nicht immer-... :D
    Siehe auch den eingestellten Artikel.


    Na ja und dann gibt´s auch so was wie APEX.
    Seit 19,9 von 1,2 auf 4.
    http://seekingalpha.com/articl…on-apex-silver-s-huge-day


    Moriarty mit Überblick und Compurückblick:
    http://www.321gold.com/editori…iarty/moriarty092308.html


    Arian, Animas, ATW, Great Panter, Endeavour unter anderem.......


    Grüße
    Tschonko

    Aus minesite: auch interessant auf Sicht von... da sind ein paar 100% drin


    September 17, 2008
    The Impending Election Could Put Carpathian Gold Into The Cat-Bird Seat In Romania


    By Our Canadian Correspondent


    With mineral exploration stocks in a severe bear market, major mining companies are probably starting to lick their chops in anticipation of picking up long-life resources at favourable prices in the very near future. Based on recent drill results and with new resource estimates expected before year-end, Canadian-listed Carpathian Gold’s Rovina gold-copper project in central Romania has all the early signs of shaping up as a tasty target.
    Carpathian Gold has worked the 94 square kilometre Rovina exploration license since 2005, when the government originally awarded it the license. Located right in the heart of the Golden Quadrilateral, some 300 kilometres northwest of the Romanian capital Bucharest, Carpathian always knew it was onto something special. Carpathian was originally the European exploration arm of Michael Martineau's Samax Gold. Some of you may recall that Samax moved into the Tanzania's Lake Victoria district and was acquired by Ashanti Goldfields in 1998. But while all that was going on, consulting firm ACA Howe International was on the Samax payroll, and paying attention not only to the Tanzania properties. Howe’s president, Dino Titaro, liked what he saw in Carpathian’s assets in Romania and Hungary. In fact, Dino liked them so much that he left ACA Howe in 2003 to head up the privately-owned Samax spinoff, which became TSX listed Carpathian Gold in mid-2004.
    So up and running as a public company Carpathian went to work on expanding the resource and determining the gold grades of the Rovina porphyry, where the Romanian government's mineral exploration branch had punched 34 holes into the property between 1974 and 1986 generating a historic resource along the way of 108 million tonnes grading 0.24% copper, to a depth of about 400 metres.
    The first resource tallied by Carpathian came in at 144 million inferred tonnes grading 0.3 gram gold per tonne and 0.26% copper for 1.4 million contained ounces of gold and 829 million contained pounds of copper. Ongoing drilling at Rovina is still generating some nice numbers, including a recent intercept running 526 metres at 0.69 gram gold per tonne and 0.28% copper.
    Moving 2.5 kilometres to the south, Carpathian is also working up the Colnic gold-copper porphyry target. As it did with Rovina, Carpathian quickly got to work, delineating an indicated resource of 68 million tonnes grading 0.64 grams gold and 0.12% copper to give 1.4 million ounces of gold and 175 million pounds of copper.
    So far, Carpathian has outlined 5.5 million ounces of gold equivalent at Rovina and Colnic. But it is the third large copper-gold porphyry target on the license that is perhaps the most exciting. Lying 4.5 kilometres south of the Colnic deposit, Carpathian is finding good success at the Ciresata porphyry prospect. A recent drill hole on the northwestern portion of the mineralized zone yielded 1.06 grams gold per tonne and 0.16% copper over 186 metres, before it hit a 25 metre barren dyke and punching on through to hit 255.7 metres running 1.5 grams gold per tonne and 0.24% copper. Testing the northeast extension of the mineralization, a drill hole cut 198 metres of 0.6 grams gold per tonne and 0.12% copper. Importantly, both of these ended in mineralization at depths greater then 500 metres, with the grade increasing. New resource estimates are expected before year-end on all three porphyry deposits.
    Unfortunately for Carpathian, the environmental backlash regarding the development of Gabriel Resources’ 15.8 million ounce Rosia Montana project has overshadowed its success in Romania. So much so that the company has diversified out of Eastern Europe and into Brazil, with the acquisition of the Riacho Dos Machados gold project, which holds a historic resource of 3.77 million tons grading 4.61 grams gold per tonne.
    Despite the near term production potential of Riacho Dos Machados and the increasing value of Rovina, Carpathian’s market value has been steadily eroded from a high of C$1.70 per share in June 2007 down to a mere C$0.21 per share today. In other words the diversification into Brazil has not yet paid dividends. However, with Romanian parliamentary elections set for 30th November and resource estimates for Rovina due fairly soon, Carpathian’s eastern European assets may start to come back into their own. Not only that, the assets would fit well for a major miner looking for leverage in that part of the world. In fact some key players have already been positioning themselves ahead of the elections. Electrum Ltd., a private global gold group run by Thomas Kaplan, recently increased its equity stake in Gabriel Resources to 17.85 per cent while Newmont Mining has upped its stake to 19.9 per cent. Interestingly, Carpathian has just dealt off a potential 80 per cent stake in the Fuzerradvany concession and Kanszavar exploration license in Hungary to Caracal Gold LLC, an indirect wholly owned subsidiary of Electrum.
    Shareholders in Carpathian have surely felt some pain over the past 18 months, but a positive change in the perception of investors and mining companies of Romania would have Carpathian sitting in the cat-bird seat. In the meantime, Dino and his team will be busy proving to shareholders that the move into Brazil was a prudent one.

    heron,
    ja weiß ich schon, es liegt an meiner alten Excel.....


    Da ist auch der David Zurbuchen dabei (Cash is king), das ist Klein Hommel......ganz jung, serrr religiös, recht talentiert... :D
    Nur mich interessiert der weniger...
    Den Anfang von Cash is king und seine picks kann man hier lesen.


    http://silverinscripture.com/archives.php


    Nugget,
    den Artikel würd ich dir auch empfehlen.


    Aber ich würd zur Zeit nicht zu viel Risiko nehmen. eine TLR steigt um gut 30%, FR um 20.
    Ich würd was nehmen, was sehr billig ist und wo viel value da ist.
    Und nach 30-50% wieder rausnehmen und andere von deinem Depot unterfüttern.
    Das wär auch gleich was, wenn du was Seriöses drinnen hast.... :D
    Ich hab genug, wo ich nichts mehr nachhau...EXM, UNO, BGL, Garibaldi
    YLL seh ich besser, ebenso SEG.TO
    Eine heiße Sache mit viel value und kinross und z. teil Newmont im Background ist VIT.V Victoria Gold.


    Grüße
    Tschonko

    Nugget,
    was meinst du mit "hier aus den besprochenen nehmen."
    Die vom goldcore oder die im Thread?
    Zeitrahmen?


    " ich moechte noch einen Explorerzock draufsetzen mit Verfielfachungschance )10 fach, und Totalverlustrisiko."
    Ich hab da die Nase voll, weil es meist in Totalverlust endet..... :D
    Gibt ja einiges, wo man das fast ausschließen kann.


    Grandich:
    http://www.grandich.com/docs/alert_09-20-08.pdf


    Daraus:
    I’m delighted to be engaged again by Geologix Explorations
    (GIX-TSX-V $.96). I had a long and extremely fruitful update
    last week and believe the current share price doesn’t come close to
    representing not only what has been done so far, but what the
    company could have in the not-too-distant future. I know there’s
    some concern on how the company will pay what they owe to Silver
    Standard next year, but in every conceivable way the current share
    price does not reflect whatever they do. I rarely urge all readers to
    do this, but I do want to urge all of you to contact the company and
    get a complete update of where they are at and what they feel is
    coming down the road. I highly anticipate a major bump up in the
    resource in October.
    http://www.geologix.ca/s/Home.asp


    heron,
    woher hast du den hansen bericht?
    Da wär die Tabelle interessant, wenn man sie bearbeiten kann..


    Bin noch immer beim Durchgehen von Szabo "Cash is king"
    Der wird bei öfteren Anschauen immer besser...
    http://www.metalaugmentor.com/mer.php


    Einige Fetzen aber auch wirklich interessante Sachen......


    Grüße
    Tschonko

    Timberline Releases Highlights of Preliminary Economic Analysis for Its Butte Highlands Gold Project
    Friday September 19, 8:00 am ET
    COEUR D'ALENE, Idaho, Sept. 19, 2008 (GLOBE NEWSWIRE) -- Timberline Resources Corporation (AMEX:TLR - News) today released highlights from a preliminary in-house economic analysis of its 100-percent owned, royalty-free Butte Highlands Gold Project in southwestern Montana.Nearly 100,000 feet of past drilling by major and junior mining companies outlined historic mineralization (pre-dating and not compliant with NI 43-101 or SEC Guide 7) exceeding 500,000 ounces of gold. The preliminary analysis assumes the successful confirmation of this historic mineralization, including its tonnage and average grade, which is the primary objective of the current drill program. Highlights of the analysis include:
    * A 2-year development time, primarily to drive an exploration
    decline to access mineralization, which may also serve as a
    production ramp, and cut underground drill stations, at an
    estimated cost of $15-million to $18-million.


    * Custom milling at nearby facilities with excess capacity,
    bypassing the need to permit and construct an onsite mill and
    tailings pond.


    * A 1,000 ton-per-day operation at an average grade of 0.287 ounces
    of gold per ton, yielding annual gold production of approximately
    85,000 ounces per year over a 5-year mine-life.


    * Sensitivity analysis indicating robust economics at gold prices as
    low as $500 per ounce.


    Timberline V-P of Exploration Paul Dircksen stated, ``While our in-house analysis is preliminary in nature, these results are very compelling, especially given the current market conditions.''
    Timberline CEO Randal Hardy added, ``Our business model was conceived out of our belief that investor sentiment would eventually shift to favor hard assets and related businesses, such as drilling, mine development, and mining. We believe that the prevailing market instability is likely to hasten this shift and that we are well-positioned to benefit from it.''
    The preliminary analysis is part of Timberline's ongoing Preliminary Scoping Study at Butte Highlands and was conducted by Small Mine Development (``SMD''), which is expected to perform all development work for the project and is familiar with district geology. As previously announced, Timberline has signed a definitive agreement to acquire SMD and recently received shareholder approval to make the acquisition.
    The Butte Highlands analysis is included in an updated Timberline presentation, which will be featured at The Silver Summit in Coeur d'Alene on Friday, September 19, and which is now available on the Company's website at http://www.timberline-resources.com.
    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''.

    @bobelle,
    dann ist es die Finanzierung gewesen.....
    Wenn sie die hinkriegen +100%. Glaub, da passt alles,


    Milly,
    ein paar Stunden später hat der "...krieger" schon wieder anders getönt.
    Ist schon ärgerlich.


    Und wann kommt von dir mal etwas Konstruktives? :D



    Mann, Cash sollt man gehabt haben.....
    Yale mit dieser Meldung und dem heutigen Markt +41%
    http://biz.yahoo.com/iw/080917/0434864.html


    Für mich nur ein Tropfen auf dem heißen Stein, die bringen mir schlicht nichts bei Yale.
    Da bringen mir 10% bei FR.TO das Zehnfache.
    Nur so viel zur Gewichtung.


    Investment Industry Regulatory Organization of Canada - Trading Halt - SNS Silver Corp. - SNS
    Ho, ho, da tut sich was im Valley?????
    :D Oder nur ne news...


    Artikel zu MFN:
    http://seekingalpha.com/articl.....urce=yahoo


    Minefinders: Market Conditions Provide 'Exceptional' Opportunity
    by: Mike Niehuser posted on: September 17, 2008


    We recently met with Minefinders Corporation Ltd.’s (MFN) management at the Denver Gold Forum and discussed their Dolores project scheduled to move into production in October of 2008. While Minefinders commenced mining nearly one year ago, timely commissioning and production have been delayed due to illegal blockades. Minefinders has since received written assurance by government authorities, resumed commissioning, and is soon to begin leaching and/or commencing production. Given the disruption to the mine schedule and uncertain credit markets with stable to declining metal prices, shares of Minefinders are now trading at a significant discount to third party economic studies.


    The 2007 base case assumed metal prices of $675 per ounce gold and $13.00 per ounce silver and concluded a $831 million 0% NPV, suggesting a price of $17 per share at par. The study did not include the potential upside of adding a 3,000 tpd flotation circuit to boost recoveries. This would be important when mining higher grades within, below, and parallel to the identified reserve. The study also does not include Minefinders’ prospective precious and base metal targets in Sonora, Mexico. Minefinders remains unhedged and exposed to benefit from increases in metal prices.


    The market is currently challenged in recognizing value in exploration and potential for production (not to mention even actual production). The current environment may provide an exceptional buying opportunity. Should gold prices rebound in the fall and winter, as they have done in each of the last seven years, we suspect that investor confidence will resume, followed by selective buying (at very least we may anticipate a good opportunity for short positions to close). In addition to seasonality, we consider the fundamentals for precious and base metals to be strong in the long run. We consider Minefinders’ cost structure to be favorable on a stabilized basis, and should the industry potentially have difficulty raising capital, operating costs including equipment and labor may moderate. The combination of these events may draw attention to Minefinders in the months ahead as investors seek both value and upside.


    Dolores Project Update


    Minefinders is working to initiate leaching with initial production in 4Q08. Remaining construction necessary to initiate commissioning has been completed. The initial drain liner and overliner with the radial stacking system is in place and ready for the first panel for leaching. Minefinders has corrected issues with the crusher and screens and has resumed commissioning.


    Ore Stacked on Leach Pad at Dolores Project


    Source: Minefinders


    Given the anticipated production levels, the company anticipates cash costs to average between US$400 and US$450 per gold equivalent ounce in 2008. The average cash cost is expected to decrease, as production increases and stabilizes in 2009, to a forecasted average cash cost of US$297 per gold equivalent ounce over the life of the project. Based on the delays due to the illegal blockade, the company has revised its production estimate downward for 2008, with production in 2009, 2010 and beyond relatively unchanged.


    Source: Minefinders


    Minefinders responded to the blockade by suspending the commissioning of the mine to allow local authorities the opportunity to uphold the law. Members of the local Ejido have actively supported the opening of the mine. Having received written assurance by government authorities, Minefinders has resumed commissioning, and without further disruptions should commence leaching ore and producing gold-silver in 4Q08.


    Dolores Project Schedule Upset by Illegal Blockades


    The road to the Dolores project has been intermittently blockaded since May of 2008. This basically consists of blockaders placing a cable across the road and making threatening actions. Rather than resort to direct physical confrontation, the company suspended operations out of concern for workers' safety and sought protection from state and federal government authorities. The company has pursued a comprehensive response to the blockaders. They report having received written guarantees for safe access from the government, and an increased police presence, which followed intense lobbying by the company, Ejido members, local community representatives, as well as employees and outside contractors.


    Management reports that the government has become increasingly aware of the economic importance of the mine for the village of Dolores and State of Chihuahua. We believe the government is coming to appreciate the contribution of an additional legitimate employer in its overall campaign to maintain order in the State of Chihuahua. They believe that an ongoing dialogue with the government and local community will be important to reach and maintain an equitable solution to allow operations to proceed without interruption.


    Minefinders has already completed a number of its obligations as required in its agreement with the Ejido, such as making compensation payments to the residents of Dolores and constructing a new village which includes electrical, water and sanitary services not previously available. In addition to building new residences for residents of Dolores, they have constructed public facilities including a primary school, community center, town offices, medical facility and a church.


    Village of Dolores


    Source: Minefinders


    When we visited the project in the spring of 2008, most of the new residences appeared to be occupied and classes in the new school were in session. In addition, Minefinders has also completed improvements to roads leading to the project and provided capital to local entrepreneurs to provide support services to the project and local village. There are presently about 600 employees and contractors at the Dolores project. It is clear that the safe continuation of an operating mine at Dolores is in both Minefinders’ and the local Ejido’s best interests.


    In our opinion, we see the actions by blockaders to be without substance. We have visited the Dolores project on multiple occasions and have found management’s conduct in public and private to be consistent. It is clear to us that management intends to keep its word to operate the Dolores project in a safe and environmentally sound manner. In addition, it is clear that Minefinders has made the greatest improvement in the quality of life for the residents of the mining village of Dolores in the last century. While we have listed many improvements, the one which ranks the highest, in our opinion, is the availability of indoor plumbing. We consider clean water to be the most fundamental human need, and to increase availability of potable drinking water is laudable. In general, we continue to maintain that the mining industry is the most positive influence on the developing world (superior to government distribution and public works programs), which increases the availability of the Internet and wireless communication, and developing and sustaining capital investment in projects in remote areas.


    Minefinders’ management should be applauded for pursuing a course of action dependent upon Mexican authorities to uphold the law that would allow us the opportunity to qualify Mexico as a “mining friendly and stable political jurisdiction.” Clearly, the anticipated benefits of management’s actions should benefit shareholders, the local Ejido, and the mining industry in Mexico. Dolores should become the financial engine for development of their other projects in Mexico as Minefinders advances to mid-tier producer status. It is now up to Mexico itself to decide whether it desires to proceed to a Venezuelan model of government or to nations more friendly and desirous of rule of law important for foreign investment.

    heron,
    nehme an, dass sich EGD rasch wieder erholt, wenn der Markt mitspielt.


    Pauli,
    danke, sind gute Informationen. 58 Mille wären sehr gut.
    Hier noch mal die letzten Zahlen:
    http://biz.yahoo.com/ccn/080530/200805300465289001.html?.v=1


    Da waren es zuletzt 44.
    Problem ist halt die geringe gross margin. Bleibt relativ wenig hängen. Aber es passt. Normal wäre 0,6C$ Kurs.
    Ich brauch die 1 und ich werde sie kriegen..... :D


    Grüße
    Tschonko


    Hat Versfelt noch was zu IMI gesagt?

    Mann, die hab ich auch Not gehabt..........
    Fall dürfte zum teil auf die unsichere finanzierung für die Übernahme zurückzuführen sein.....


    Ansonsten find ich nichts Negatives.....


    Timberline Provides Corporate Update to Shareholders
    Tuesday September 16, 8:00 am ET


    COEUR D'ALENE, Idaho, Sept. 16, 2008 (GLOBE NEWSWIRE) -- Timberline Resources Corporation (AMEX:TLR - News) today provided its shareholders with an update of recent corporate activity.
    The Company's top priority remains its planned acquisition of Small Mine Development (``SMD''), one of the largest underground mine development and production contractors in the United States. Since receiving shareholder approval for the acquisition on August 22, already challenging market conditions have deteriorated significantly. The Company continues to pursue several financing options while protecting shareholder interests.
    Timberline Chairman John Swallow stated, ``As Timberline shareholders, we recognize the difficulties in the current market but remain focused on executing our business plan. We believe that as the financial crisis subsides and markets regain their balance, our exposure to mining services and precious metals will prove attractive to many new investors seeking portfolio diversification. With our fleet of 25 surface and underground drill rigs, world-class exploration potential, experienced personnel, and less than 29-million shares outstanding, we believe that our stock is severely undervalued and offers a compelling investment opportunity at this time.''
    The Company also announced significant progress toward sustained profitability at its U.S. drilling subsidiary, Timberline Drilling, Inc. (formerly Kettle Drilling, Inc.). Timberline CEO Randal Hardy stated, ``Our new management team at Timberline Drilling is off to an impressive start. After just four months, we are already seeing sharply reduced administrative costs along with greatly improved operating efficiencies, gross margins, and overall morale. We are specifically focused on the efficiency and profitability of our drills, and we expect to exceed our previously announced revenue forecast. While our primary focus is on underground drilling at producing mines, we currently have fewer surface rigs in operation than in recent quarters, largely due to a market-driven slowdown in exploration activity. In response, we have redeployed several drill rigs to underground projects and to Mexico, where our other drilling subsidiary, World Wide Exploration, S.A. de C.V, continues to deliver outstanding results.''
    Timberline also announced today that a preliminary economic analysis of its 100-percent owned, royalty-free Butte Highlands Gold Project is very encouraging, suggesting the potential for excellent returns at gold prices as low as $500 per ounce. Timberline has initiated the permitting process for an exploration decline which will allow direct access to mineralized material and support underground drill stations. A 3-dimensional model of projected mineralization at Butte Highlands, along with historic workings, past drill holes, and the proposed exploration decline, is available at: http://www.timberline-resources.com/butte_highlands_video.
    Capital costs for the proposed decline, which will be designed to also function as a production ramp in the event that feasibility is established, are estimated at less than $18-million. Once permitted, the Company expects that the decline will be driven by SMD. Construction of an onsite mill and tailings pond are not currently envisioned at Butte Highlands as custom milling capacity is available at existing nearby facilities. The resulting reduction in development lead-time, as well as in permitting and construction costs, is forecast to have a substantial positive impact on project economics.
    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. Ongoing drilling at Butte Highlands is focused on confirming the estimated mineralization and future drilling will seek to expand it with step-out holes along strike and down-dip.
    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''.
    Additional Information About The SMD Acquisition
    In connection with the proposed acquisition, Timberline has filed a proxy statement with the Securities and Exchange Commission. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE FINAL PROXY STATEMENT, BECAUSE IT CONTAINS IMPORTANT INFORMATION ABOUT THE ACQUISITION AND THE PARTIES THERETO. Investors and security holders may obtain a free copy of the proxy statement and other documents filed by Timberline at the Securities and Exchange Commission's Web site at http://www.sec.gov. The proxy statement and such other documents may also be obtained for free from Timberline by directing such request to Timberline Resources Corporation, 101 E. Lakeside Ave., Coeur d'Alene, ID 83814, Attention: Chief Financial Officer.
    Participants in the Solicitation
    Timberline and its directors, executive officers and other members of its management and employees may be deemed to be participants in the solicitation of proxies from its stockholders in connection with the proposed acquisition. Information concerning the interests of Timberline's participants in the solicitation, which may be different than those of Timberline stockholders generally, is set forth in Timberline's proxy statements and Annual Reports on Form 10-KSB, both previously filed with the Securities and Exchange Commission, and in the proxy statement relating to the acquisition.

    Wo bleiben die Zahlen?
    Würd ich auch nicht veröffentlichen zur Zeit..... :D


    Cabo Awarded Contract to Drill a Minimum 35,000 Feet for Rio Grande Silver Inc.
    Tuesday September 16, 9:00 am ET
    NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 16, 2008) - Cabo Drilling Corp.'s (TSX VENTURE:CBE - News; "Cabo" or the "Company") U.S. subsidiary Advanced Drilling Inc. has been awarded a contract to drill a minimum of 35,000 feet of surface core drilling on Rio Grande Silver's San Juan Silver Exploration Project, located north of Creed, Colorado.


    The initial phase of drilling is designed to test the north extension of the Bulldog vein system which was mined by Homestake Mining Company from the late 1960's to the mid 1980's. The program will require several coring rigs and is designed with the utmost care in relation to the protection of the environment as well as having minimal environmental disturbance. The San Juan Silver Exploration Project has received all approvals from the State and the U.S. Forest Service to begin exploration drilling. The first two drills have been moved to the property, with an additional drill expected in the future.
    Rio Grande Silver Inc., acquired the right to earn a 70% joint venture interest in a roughly 25-square-mile consolidated land package in one of Colorado's most prolific silver producing districts. The venture, called the San Juan Silver Mining Joint Venture, is located in the famous Creede Mining district and has an identified resource of approximately 48 million ounces of silver with potential for considerably more through a targeted exploration program. Rio Grande Silver has joint ventured this project with Emerald Mining & Leasing, LLC, and Golden 8 Mining, LLC. (See Hecla's news release dated February 21, 2008)
    About Rio Grande Silver Inc. / Hecla Mining Company
    Rio Grande Silver Inc. is a wholly owned subsidiary of Hecla Mining Company. Hecla Mining Company, headquartered in Coeur d'Alene, Idaho, mines, processes and explores for silver and gold in the United States and Mexico. A 117-year-old company, Hecla has long been well known in the mining world and financial markets as a quality producer of silver and gold. Hecla's common shares are traded on the New York Stock Exchange under the symbol HL.
    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.

    TEIL 2 Tom Szabo


    Introduction — Cash is King?
    Mining Equities Report: Issue I
    September 15, 2008
    A major objective of many investors active in the natural resources sector is to diversify away from the fiat-based world of finance and credit-dominated sectors such as banking, insurance, retail, and most manufacturing. These investors want exposure to hard assets and not soft ones. Today they desperately hope that commodity prices will soon recover given the large losses just about every natural resource portfolio has incurred over the past few months, the last two in particular.


    The fall in commodity prices has created an environment that has made it very challenging for resource companies, mining equities in particular, to obtain financing for exploration and project development. It seems cash, not metal in the ground, is king. How ironic that the one asset natural resource investors are trying to diversify away from - the U.S. dollar and its troubled competitors - is the very asset that mining equities need the most right now. It turns out that drilling contractors, engineers, geologists, and miners all still prefer to be paid in paper money.


    Due to the simultaneous reduction in market liquidity and commodities prices, metal exploration and mining companies that need to raise funds to finance their activities are facing the prospect of substantial share dilution or the possibility of losing their property interests if they cannot meet contractual spending commitments. We believe there has to be a very compelling reason to own cash-strapped companies in this market.


    Conversely, companies that are not in need of financing have an important margin of safety in the current environment. Should metal and commodity prices stay weak for a long period of time-something that is not impossible during a bull market as the historical example of the mid-1970s demonstrates- such a margin of safety could turn into a major advantage.


    Indeed, if the markets were efficient and logical, we should expect that mining equities with lots of cash and other liquid assets would trade at significant premiums to their cash-strapped peers. But that doesn’t appear to be the case at the moment.


    In early August of this year things did not look quite as bad, but we had already started to notice that the market capitalizations of several mining equities were approaching their cash positions. This situation piqued our curiosity, so we placed these companies on our radar. To our surprise, their prices continued to fall so that now in many cases they currently trade at a steep discount to their breakup value (the estimated amount of cash that could be distributed to shareholders if all assets and liabilities are liquidated and the company is broken up). Compellingly, many of these companies have attractive property holdings -some joint ventured with majors- that are currently being assigned a zero value by the market.


    Thus was born the idea for our inaugural Mining Equities Report, the title of which -”Cash is King?”- reflects the strange contradiction that the one asset in greatest need, cash, seems to actually be more of a burden than an asset to some mining equities. While this situation is perplexing, we feel that it is only a matter of time before the most astute natural resource investors begin to realize that the market’s present foolishness obscures a rare opportunity. With blood running in the streets, now seems like the best time to beat the smart crowd to that realization.


    The dollar signs wouldn’t stop dancing in our minds, so we were left with no choice but to examine several hundred mining equities, both explorers and producers, to plot their cash and liquidity positions against their capital requirements. We discarded companies that still have substantial value attributed to their projects because those values could evaporate should fear continue to run rampant in the hearts of investors. Though some of you may protest that we have erred in casting aside some extremely undervalued companies, we suspect that the value of fiat money could fare better than the value of metal in the ground for a while yet. That bold assessment still left us with more than 30 companies that deserve closer examination. We detail these companies in our inaugural report.


    We would like to point out that our report is not a comprehensive list of mining equities with breakup value exceeding market cap because such a calculation is extremely difficult to make given the large fluctuations in the prices of mining equities recently. Rather, our report should be viewed as a cross-section of interesting opportunities to explore further. We believe it contains something for every natural resource investor.


    Some of the mining equities in our report possess a cushy cash position that is not contractually committed to be spent in the near term. Others have virtually no cash requirements because a separate company (for example, through a joint venture) is paying for all exploration expenditures and sometimes even covering administrative expenses. Many of these companies have projects of significant merit and other assets unaccounted for in our calculations because they have been given zero value by the market. After all, who are we to argue with the market?


    Ultimately, our report does not answer the underlying question: Cash is King? Only time will do that. But we believe there is a reasonable basis to conclude that some of companies in our report are positioned to benefit, relative to other mining equities, regardless of where the market heads next: up, down, or sideways.


    How To Purchase
    To purchase The Metal Augmentor’s “Mining Equities Report: Cash is King?” for just $87, click here: http://www.metalaugmentor.com/mer.php


    You will receive a one year complimentary subscription to The Metal Augmentor — a greater than $150 value — and the “Mining Equities Report: Cash is King?” which includes the following:
    - Coverage of over 30 exploration and mining companies trading near or below their cash value
    - Technical analysis charting on 25 of these companies
    - A robust, interactive Excel file
    - Over 60 pages of material
    - Free access to future, updated editions
    If you are not already a Founding Member of The Metal Augmentor, you may also have an opportunity to join this exclusive club but availability is limited. We do not know how long the remaining open spaces will last (but if you subscribe today, you should be safe). Founding Members will receive lifetime discounts and exclusive benefits amounting to hundreds of dollars of additional value on top of the basic subscription. Some of these benefits include free, exclusive, or advance access to several special reports per year and direct access to The Metal Augmentor staff. We have placed a strict allotment on the number of Founding Members (this is no promotional stunt, it is out of necessity) and once the quota has been filled, Founding Memberships will never again be offered. Founding Memberships are still available and can be secured on a first-come, first-served basis by immediately purchasing the Mining Equities Report.
    About The Metal Augmentor
    The Metal Augmentor is a new service being launched in the next few weeks at www.metalaugmentor.com. The main purpose of The Metal Augmentor is to aid both new and experienced investors in navigating the fascinating, dangerous, and rewarding world of investing in physical metals and mining equities. Our focus will be on gold and silver, but we will also provide in-depth coverage of the other major metals.


    Portions of the service will be devoted to investors who buy gold and/or silver in its various forms (ETF, bullion, allocated account, etc.) for price appreciation. Other portions will appeal to people who buy bullion to hold in their own possession for the purpose of preserving their wealth or buying power against fiscal irresponsibility by fiat-wielding governments.


    A key feature of The Metal Augmentor will be the detailed coverage of mining equities from junior explorers to major mining companies. Our unique approach will avoid making outright buy and sell recommendations (except in special reports that focus on individual situations) but instead provide relevant and timely information and insights so that each investor can confidently make his or her own investment decision.
    Perhaps the most valuable feature of The Metal Augmentor will be exclusive coverage of the basis in gold and silver as taught by Professor Antal E. Fekete.