Beiträge von Tschonko

Oremex: meine Mexico Connection hat nur g´sagt: "Des dauert!"
Ist a bisserl wie Balkan.

Viel präziser und ausführlicher da Tom Szabo (ich knie nieder! :D)

Silver and gold weaker today despite a falling dollar as global stock markets drop on fear the world's biggest economies might be slowing. The precious metals stocks are getting a double whacking as they are falling in sympathy with both bullion and the general stock markets. We remain in dangerous territory with the possibility of volatile up and down moves of massive proportions.

In stock news, Oremex -- a stock I have previously placed on an undiscovered silver stock and potential Ten Bagger list -- yesterday reported that the ejidos (land owners) of the Tejamen project have opted now to renew surface access rights, which is always a big risk in Mexico. This has probably been long in coming and is complicated by the fact that part of the deposit (which would be mined by open pit methods) lies under the village of Tejamen itself. Therefore, you don't really want to see an outright opposition to land access when you may have to end up moving a village. Now, it is expected that Oremex will pursue the matter through the Mexican legal system but that can be time consuming, uncertain and costly. I suppose the one positive for Oremex shareholders (if there can be such a thing under the circumstances) is that there wasn't a lot of value assigned by the market to the Tejamen project. That is little consolation, however, if you bought the stock at C$0.70 over the last several days only to see it plunge to a low of C$0.35 for a 50% loss.

This episode is a stark reminder of the risk that mining and exploration stocks represent. From my perspective, what has started out as a long-term value play has now turned into a very long-term value play likely to be resolved through litigation. I wish that I could provide a more nuanced analysis of this and other silver stocks in this forum so as to better present the risks and opportunities, but unfortunately such an exercise would essentially amount to a research report which would require resources and costs that as an individual investor I cannot justify. However, I am looking at some possible solutions to this and will report in the future should I come up with something workable.

Die anderen Aktivitäten von Almi (außerhalb der Dragon Mine)

Atlas Fausett Contracting

Atlas Fausett Contracting (“AFC”) was formed in 1997 through the purchase of most of the assets of Fausett International, Inc., a privately held contract mining business that had operated in the mining industry for over 30 years. AFC performs site evaluation, feasibility studies, trouble-shooting and consultation prior to undertaking exploration and mine development for its customers. The subsidiary’s projects include all types of underground mine development, rehabilitation and pecialized civil construction. AFC crews have worked on projects primarily in the western United States and Canada.
The business operates under a license from the Mine Safety and Health Administration and also possesses a permit to handle explosives from the Bureau of Alcohol, Firearms and Tobacco.
AFC has experience in a number of different mining techniques. Besides underground mining, AFC has expertise in ground stabilization, tunnel construction and mine closures. The demand for experienced miners in the western U.S. has demonstrated strong growth over the last couple years. AFC is currently generating approximately $500,000 in monthly revenue, up from $50,000 per month in 2004. Cash flow
from the contract mining business has contributed to the funding of the development of the Dragon Mine.

Timber Assets

Atlas estimates that it owns approximately 2 million board-feet of harvestable timber on its Shoshone County properties. A standard board-foot of lumber measures 144 cubic inches (1ft in length x 1ft in
width x 1 inch in thickness). The Company contracts its logging activities to an outside firm. In its March 2006 10-K filing, Atlas reported receiving a net price of approximately $150 per thousand board feet (MBF) for its timber which would value its timber holding at approximately $3.0 million. A good portion of the Company’s remaining timber requires access through US Forest Service or BLM properties. Obtaining permission to log through these areas expeditiously may delay the Company’s ability to harvest its timber in the near-term.
Other Mining Properties In addition to the Dragon Mine, Atlas Mining owns a number of other properties. The properties include: Atlas Mine (540 acres fee simple and patented, 180 acres unpatented), Sierra Trapper Creek (80 acres patented), Aulbach, Section 6 & 7 (100 acres patented), Sierra Silver, Woodland Pk & 9 Mi (60 acres patented and 80 acres mineral rights), Sierra Hardscrabble (20 acres patented) and L & N Claims (108 acres patented). These properties are located in the Cour d’Alene mining district in Shoshone County, ID and had some past production of silver, lead, zinc and copper in the early 1900’s. The
properties are either idle or undeveloped and there are no immediate plans to move forward with them while management focuses on further exploiting the Dragon Mine. The Company also holds title to a
number of promising claims on the Handcamp gold property in New Foundland, Canada on which it has performed some preliminary exploration work and intends to monetize.

@eldo, heron,
eldo hat den Text freundlicherweise gleich noch mal reingestellt.

es handelt sich um ein open pit:
entweder wird da der zugang zur "Oberfläche" verhindert (Open pit ist ja nicht so schön..)
oder es geht um die Zufahrtswege......

Jedenfalls sind sie billig, aber wenn tejamin unsicher ist....?
Ich hab sie nicht, werd mich bei Gelegenheit mal erkundigen.

eldo, 28.2. saturn neptun die 2. heuer, die 3. ist im Juni.

Grüße
Tschonko

Haben sich ja keinen feinen Tag zur Eröffnung ausgesucht.

Zu 0,35 eröffnet wie erwartet. Wird schon noch Schwung reinkommen.

Cabo weiterhin mit schwarzen Zahlen: es geht.....
Revenue steigt mäßig, aber immerhin.

http://biz.yahoo.com/ccn/070227/200702270374987001.html?.v=1

Cabo Announces 2nd Quarter Fiscal 2007 Results
Tuesday February 27, 9:00 am ET

NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 27, 2007) - Cabo Drilling Corp. ("Cabo" or the "Company") (TSX VENTURE:CBE - News) today reports results for its fiscal year 2007 second quarter ended December 31, 2006.

2ND QUARTER HIGHLIGHTS

------------------------------------------------------------------------
(CDN $000s, except 3 months 3 months 6 months 6 months
earnings per share) ending ending ending ending
Dec 31-06 Dec 31-05 Dec 31-06 Dec 31-05
------------------------------------------------------------------------
Revenue 7,372 6,410 17,871 15,229
------------------------------------------------------------------------
Net Earnings (Loss)
Before Interest, Taxes,
Amortization, Stock Based
Compensation and Other
Items (EBITDA) 687 462 1,881 932
------------------------------------------------------------------------
Net Earnings (Loss)
After Taxes 211 110 634 227
------------------------------------------------------------------------
Earnings (Loss) per Share ($)
Basic Before Interest, Taxes,
Amortization, Stock-based
Compensation and Other Items
(EBITDA) 0.02 0.02 0.06 0.03
------------------------------------------------------------------------
Earnings (Loss) per
Share ($) Basic 0.01 0.00 0.02 0.01
------------------------------------------------------------------------
Cash from Operations(1) 539 340 1,272 676
------------------------------------------------------------------------
Gross Margin % 25.8% 25.1% 24.5% 20.4%
------------------------------------------------------------------------
Working Capital 4,190 5,293 4,190 5,293
------------------------------------------------------------------------
(1) before changes in non-cash working capital items

The Company reports:

- Its highest second quarter revenue of $7.37 million in the 2nd quarter of FY2007, a 15% increase over revenue of $6.41 million in the 2nd quarter of FY2006.

- Net 2nd quarter FY2007 earnings before interest, taxes, amortization, stock based compensation and other items of $686,776 million compared to 2nd quarter FY2006 earnings before interest, tax, amortization, stock based compensation and other items of $462,418.

- Net earnings after taxes for the 2nd quarter, FY2007 of $210,947 compared to 2nd quarter, FY2006 net earnings after taxes of $110,066, resulting in 2nd quarter, FY2007 net earnings after taxes of $0.01 per share compared to 2nd quarter, FY2006 earnings of $0.00 per share.

- Gross margin percentage for the 2nd quarter, FY2007 was 25.8% compared with a gross margin of 25.1% in the 2nd quarter, FY2006.

- Cash from operations, before changes in non-cash working capital items, was $538,792 for the 2nd quarter FY2007 compared to 2nd quarter FY2006 cash from operations of $339,737.

- A current asset balance of $11.56 million and working capital of $4.19 million.

- Total assets of $25.43 million and total liabilities of $9.45 million.

"Cabo continues its record revenue growth in the second quarter, FY2007," said Mr. John A. Versfelt, Chairman, President & CEO of Cabo Drilling Corp. "The Company achieved second quarter revenues of $7.37 million, an increase of 15% compared to the first quarter, FY2006 revenues of $6.41 million. Additionally, Cabo reported a pre-tax income of $349,107 in the second quarter, FY2007, compared to a pre-tax income of $160,933 for the same period in fiscal 2006. This represents a 117% increase."

"Gross margins increased from 23.6% in the first quarter of fiscal 2007 to 25.8% in the second quarter of 2007 largely due to improved productivity and improved contract pricing," stated Mr. Versfelt. "The Company anticipates that margins throughout fiscal 2007 will be in the 23 - 25 % range, due to longer term projects, continual efforts to improve utilization and efficiency, and increased technological and technical expertise across all divisions."

"Usually in the 2nd and 3rd quarters of our fiscal year it is expected that the Company will experience reduced revenues as the drilling industry follows seasonal patterns," said Mr. Versfelt. "This year the seasonal effects have been minimized due to shorter shut downs and consequent decreased maintenance/start up costs. In addition, we are expanding our drilling services into geographical areas where negative seasonal factors are greatly reduced. While our 2nd and 3rd quarter revenues remain lower than the revenues of our 1st and 4th quarters, we are continuing to put strategies into place to maximize our potential during these more challenging quarters."

"The Company reported a pre-tax income of $1.05 million for the six months ending December 31, 2006, compared to a pre-tax income of $329,094 for the same period in fiscal 2006, this represents a 220% increase," said Mr. Versfelt. "The net income after tax for the six months ending December 31, 2006 increased by 180% from $226,611 in fiscal 2006 to $633,500 in fiscal 2007."

"The outlook for the drilling services industry continues to be quite positive, as the prices of precious, base and industrial metals remain at high levels. The demand for our drilling services is strong, as we build on relationships with our existing customers, market our services to new customers and expand our business geographically." said Mr. Versfelt.

Three months ended December 31, 2006

Cabo's record revenue growth continued with a 15% increase of revenues, from $6.41 million in the second quarter of fiscal 2006 to $7.37 million in the second quarter of fiscal 2007. In the second quarter contract core drilling services represented 94% of revenues and geotechnical drilling services represented 6%. Surface drilling revenues increased $430,775, to $4.25 million in the second quarter of fiscal 2007 from $ 3.82 million in the second quarter of fiscal 2006 and underground drilling increased 18% or $424,882 to $2.65 million in the second quarter of fiscal 2007 compared to $2.21 million in the same period in fiscal 2006. Geotechnical drilling revenues increased by 29% during the second quarter of fiscal 2007. Included in the surface revenue is $280,440 of revenues earned from the Company's first operation in Mexico.

The gross margin for the second quarter of fiscal 2007 is 25.8%, compared to 23.6% in the first quarter of fiscal 2007 and 25.1% in the second quarter of fiscal 2006. Gross margin improved from last year and from the first quarter due to better productivity, implementation of new policies and procedures and improved project management, as well as improved revenues per contract.

The Company recorded EBITDA (earnings before interest, tax, amortization, stock-based compensation and other items such as write-downs of the resource properties, software costs and goodwill) of $686,776 in the second quarter, fiscal 2007, a substantial increase from $462,418 earned in the second quarter, fiscal 2006.

General and administrative ("G&A") costs were $1.24 million in the second quarter of fiscal 2007 compared to $1.27 million in the first quarter of fiscal 2007 and $1.16 million in the second quarter of fiscal 2006. During the second quarter of fiscal 2007, the Company incurred higher travel and corporate finance costs directly related to the completion of private placements. These higher costs were offset by a lower bad debt allowance of $22,500 in the second quarter, fiscal 2007 compared to the first quarter, fiscal 2007. During the second quarter of fiscal 2007, 100,000 stock options were granted, resulting in a stock based compensation expense of $11,700 compared to no stock based compensation expense during the second quarter of fiscal 2006 and the first quarter of fiscal 2007

In the second quarter of fiscal 2007, the Company had amortization expense of $351,604, an increase of $83,401 from $268,203 in the second quarter of fiscal 2006. The increase is due to the increases in property, plant and equipment during the past twelve months.

The Company recorded an after tax income of $ 210,947 in the second quarter of fiscal 2007 compared to after tax income of $422,553 in the first quarter of fiscal 2007 and an increase of $100,881 from $110,066 earned in the second quarter of fiscal 2006.

The Company's current cash (marketable securities and cash equivalents) position at December 31, 2006, is $1.92 million compared to $285,998 at September 30, 2006. The increase in cash is primarily due to the net proceeds of $1.34 million from the private placement, after the Company paid $181,345 in finders' fees and invested $1.20 million in International Millennium Mining Corp. ("IMMC") from the $2.72 million private placement.

Cash flow from operations (before changes in non-cash operating working capital items) was $1.27 million during the first six months of fiscal 2007, an increase of $596,080 from $675,901 in the first six months of fiscal 2006.

Working capital increased by $863,231 from $3.33 million at June 30, 2006 to $4.19 million at December 31, 2006. The increase is due to the funds received from the private placement, offset by capital assets purchased with cash.

The Company closed the sale of its resource properties to IMMC on December 28, 2006 in exchange for 10,000,000 units of IMMC.

Additionally, the Company participated in a private placement of IMMC and acquired 3,428,571 units (or 12% of all outstanding shares of IMMC) for $1.2 million, at a price of $0.35 per unit. Each unit is comprised of one common share and one warrant, each warrant entitles the holder to acquire one additional share at a price of $0.40 per share for a period of two years. At December 31, 2006 the Company owns 13,428,571 shares in IMMC and 6,761,904 warrants. Subsequent to the period ended December 31, 2006 the Company distributed 7,915,251 shares and 2,638,417 warrants by the way of a return of capital.

In December, 2006, the Company closed its non-brokered private placement of 7,248,867 units at $0.375 per unit for gross proceeds of $2.72 million. Each unit consisted of one common share of the Company and one warrant, each warrant entitles the holder thereof to acquire one additional share of the Company at a price of $0.50 for a period of two years from the date of issuance of the units, provided that if the closing price of Cabo's shares is $0.60 per share or greater for twenty consecutive trading days following the four month hold period, Cabo may, upon notice to the warrant holders, reduce the exercise period to twenty days from the date of the notice. The Company will use the net proceeds from the private placement for establishing drilling operations in Panama, investing $1.20 million in a private placement of IMMC and unallocated working capital. The Company will pay non-broker fees totaling $146,600 and 180,893 in shares of the Company at a deemed value of $67,835.

Subsequent to the quarter ended December 31, 2006, the Company closed on a brokered private placement for 1,195,000 units and a non-brokered placement of 220,000 units at $0.375 per unit for gross proceeds of $530,625.

Cabo continues to position itself regionally, nationally and internationally to capture an increase in revenues and improve its gross margin as the demand for exploration drilling services increases. The Company's strategy is to focus on growth by expanding its existing long term customer base revenues, attracting new customers and by identifying favourable geographical locations in which to expand its drilling services business.

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 subsidiaries Advanced Drilling Ltd. of Surrey, British Columbia; Forages Cabo Inc. of Montreal, Quebec; Heath & Sherwood Drilling Inc., of Kirkland Lake, Ontario; Petro Drilling Company Limited of Springdale, Newfoundland; 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, SL of Sevilla, Spain. The Company's common shares trade on the TSX Venture Exchange under the symbol: CBE.

ON BEHALF OF THE BOARD

John A. Versfelt, Chairman, President and CEO

Hier kann man sich eine sehr gute Präsentation über Atlas als pdf datei ansehen. Absolut lesenswert!

http://www.esnips.com/doc/e790…view/?widget=documentIcon

Über diese präsentation wurde folgender Artikel geschrieben:

http://themicrocapspeculator.b…-atlas-mining-almiob.html

Sunday, February 25, 2007
Reader pick: Atlas Mining (ALMI.OB)
Last week, a reader who wishes to remain anonymous -- he is soon starting a position on the buyside -- suggested I take a look at Atlas Mining (ALMI.OB). He thinks that this microcap clay mining concern holds promise both as an asset play, and as a play on technological advances that will allow the mined materials to be used in high margin advanced ceramics and polymer applications.

Rather than summarize his research, take a look at the impressive report he prepared, and has kindly permitted me to share. I'm not ready to jump in quite yet, for reasons I'll get to in a bit, but this report is as professional and well done as you will find on a microcap company (at any price).

Atlas_Mining_Overv...
Hosted by eSnips

After reading the report, I did a little digging of my own and had several questions. Because this reader's responses were so helpful, I have recast our email correspondence into a quasi-interview. Please read the report first; otherwise the questions and answers will lack context. The questions below are mine, and the answers are his.

Q - Does it concern you that the other public companies in which management is involved have not rewarded investors ( TAMG.OB, TRDM.OB)?
A - I do not believe ALMI's CEO, Bill Jacobson, had much managerial influence at TRDM and I believe he accepted a board position with TAMG because he felt the Company's acitivties in Africa will generate social benefits. You are correct in stating that TRDM and TAMG has
not returned much to investors. I doubt, however, that Jacobson has had much influence in the management of either of these companies.

Q - The company currently has a market cap/sales ratio of over 50. The plan is clearly to ramp operations and revenues, but can this be done quickly enough to provide a revenue stream that would justify comparison to Amcol, which trades at an EV/R of 1.61?
A - The speed at which the Company can ramp up its topline is a critical assumption I've made in my analysis. Ron Price, who heads the NTI subsidiary of Atlas, is targeting a 30,0000 - 35,000 ton run rate by late 2007/early 2008. This won't be easy. Selling the clay to advanced application users takes a bit of work but once you win a customer he is yours to lose due the technical orientation of the sale. Price is currently working with multiple polymer and advanced
application customers and I do believe he could meet his goal but if the target run rate turns out to be a mid-2008 event, I think the valuation thesis still holds.

Q - Are the cost estimates too low? The report works off of a base estimate from 2004, but most public mining companies have reported strong increases in costs since then.
A - According to the Company, the cost estimates are in-line with its expectations. I think there has been some slight cost increase but nothing material. What is interesting about the business model is if the Company gets $2,000 - $3,000 per ton for its product, increasing our estimated mining costs from $200 to $300 per ton does not make much difference to the margins realized given that mining costs are such a small percentage of the estimated sales price for the clay.

Q - What will the SG&A costs be when sales/marketing is ramped, and how much will these eat into cash flow?
A - I believe the Company will bring on a salesman who will act as an initial point person with customers but Price will do the heavy selling. I do not believe there is a strong linear relationship between SG&A expense and total tonnage sold. There are some small costs associated with selling the intial clay samples to potential customers and Price will travel throughout 2007 to attend certain technical conferences to market his product line. I do not believe, however, that SG&A would be much more than $2.0MM annually whether the
Company sold 30,000 tons or 50,000 tons annually from its Dragon Mine property.

Q - Are any additional environmental or other permits needed to expand the mining or process the tailings?
A - The Company has filed for a 100 acre mining permit that will enable it to process the tailing piles. Management expects to receive the permit in a few weeks. They see no reason for a denial but there is always a risk of governmental red tape muddling the process.

Q - What do you think the odds are of reaching a 35,000 ton run rate on the production side and sales side by early 2008?
A - I'll put the odds at 60% because the Company has no history executing sales.

Q - How much additional financing will be required to reach this?
A - After my discussions with management, the most recent $2.0MM raise was the last round of financing needed to bring the company to the 35,000 ton run rate. I expect no further dilution.

I'm inclined to wait until Atlas Mining books a few big sales on the higher margin ceramics and polymer products. However, I cannot deny that this reader has done quite well on his investment, proving once again that a well-researched microcap pick can yield returns far above the market. Thanks for the great research, and keep 'em coming!

DISCLOSURE: I have no position in ALMI.OB. I understand that the reader referenced in this post holds a long position in the stock. Not a recommendation to buy or sell any security. For informational and educational purposes only.

Weiß wer mehr über Oremex?
Sind da nur die Probleme mit dem Permit?

Ich kenn das folgende u. etwas die properties.
Oremex Resources Inc. is a Canadian resource company concentrated on exploration and development of its portfolio of mineral properties in Mexico, the world’s largest producer of silver. Oremex is also actively seeking properties that will maximize shareholder value.

Oremex’s main focus is the Tejamen Silver Property, where a silver-equivalent inferred resource(1) of 50.8 million ounces in 22.6 million tonnes (average grade of 69.8 grams per tonne) is being further defined for potential viability as an open-pit operation. An independent preliminary assessment and a geotechnical review have recently been completed, and additional drilling is currently underway.

Oremex’s common shares are listed on the TSX Venture Exchange, and trade under the symbol ORM.

1. National Instrument 43-101 compliant, as reported in the April 11, 2006 news release.

Oremex Update
Monday February 26, 3:31 pm ET

VANCOUVER, Feb. 26 /CNW/ - Oremex Resources Inc. (TSX-V: ORM - News; the "Company") today announced that, at a meeting of the Ejido (local village and surrounding lands) on Sunday, February 25, the Ejido authority elected not to renew the Company's surface access permit for the Tejamen Silver Property. While continuing to work with the Ejido in ongoing attempts to secure access to the surface rights, the Company is now initiating formal proceedings under applicable Mexican law to secure access to surface rights. A further news release will be issued as details become available.The Company also announced that it has completed the final buyout of the underlying owner, Mrs. Jarvis, for the mineral concessions in its property portfolio including its Tejamen Silver Property, part of the San Lucas Property, and three other property interests. There are no ongoing obligations or residual royalties payable to, or net profit interests retained by, the former owner of the mineral concessions.

The Company is conducting a 5,000-metre drill program at its San Lucas Property, testing extensions down dip and along trend of mineralization. A 3,000-metre drill program completed in 2005 outlined gold-silver-lead-zinc mineralization over a strike length of 2 kilometres with widths up to 70 metres in a trend mapped for over 4 kilometres.

Komplett verrückt, wie einige heute herumschwirren. Rauf, runter....
Turbulenzen.......

Impact ist über 2, EDG schon bald dran.
UC und OK schwirren.....
SBB u. EXN kommen zurück....
SEG.TO rührt sich wieder, ebenso ECU....

EXM weiter stark.

Grüße
Tschonko

Mexico Mike heute zu EXM:

Most people associate EXM with the great package of properties they control in Chihuahua, and that is the front burner for the action right now. But keep in mind that EXM announced an acquisition late last year for a nice little project in Guanajuato. I have been doing some research on that project lately since I took an interest in the nearby holdings for SNN, and I like what I see.

The concession picked up by EXM includes a vein system that has been traced more than 12 kilometers across the property. The company is going with an exploration model that is similar to MAG by staking a potential vein trend extending beyond the limits of a historic mining district. There are numerous isolated high grade mineral occurrences that have been mapped and some limited historical workings, but overall the project is an early stage exploration effort.

What makes it al interesting is that the volcanic sequence indicates 3 separate geological events occurred on the property, and therefore there is greater potential that significant mineralization was emplaced during these periods of activity. Polymetallic sulphide mineralization has been found on several outcrops and the host rock composition is prospective for the development of a large area of alteration.

So considering the number of productive mines that are scattered around this property, I think the project could turn into a nice area of interest for EXM. There is the same large area of vein hosted mineralization, with the potential for a wide area of disseminated massive sulphides, that have recently been uncovered in a very large resource nearby at Cerro del Gallo with SNN.

I like the move that EXM has made during the last few days now that the overhang of cheap warrants is out of the way. And when EXM gets more active at Guanajuato, I think we could have more upside yet. And there is still the pending resource estimate due at Moris. I am glad I was able to add more cheap shares of this company in the 60 cent range.

cheers!
mike

@edel,
aha, das hab ich auf die Schnelle nicht gesehen.
Hab auch die drüben gemeint. Hast Recht.

Ich kenn die zu wenig, eben nur durch GOG das JV.
Mc Ewen hat ja auch Alaska Gebiete eingebracht.
Der splittet sich auch ziemlich auf.
Ich bin mir jetzt ziemlich sicher, dass er gar keine Mine bezweckt, sondern überall nur value aufbauen will.
Wird Cortez für ihn nun Zweiter?????

grüße
Tschonko

PS: die Exmin hast noch super vor Abfahrt erwischt.
Ich freu mich morgen auf die IMI.V, also das wird spannend

emoba,
aber nicht erst heute? Oder?

@edel,
seh da nichts, dass da wer was gewusst hat.
Bei 0,74 geschlossen. vorbörslich 0,79, eröffnet zu 0,87.(US $,RBY)
Die Meldung war da schon heraußen.
Mein Limit war 0,85....

http://chart.finance.yahoo.com/c/1y/r/rby

Grüße
Tschonko

Golden Tag GOG.V ist JV partner Von Rubicon RBY.

Nur das weiß kaum wer.

Mc Ewen hat durch Einstieg bei Rubicon die aktie auf die reise geschickt.
Hab leider etwas zu niedrig limitiert u. kam nicht zum Zug.
nachlaufen? spinn i?

http://biz.yahoo.com/iw/070226/0219829.html

Rob McEwen Returns to Red Lake in New RubiconMonday February 26, 8:31 am ET

The "new" Rubicon to include large land positions in Red Lake, Alaska and Nevada

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Feb 26, 2007 -- Rubicon Minerals Corporation (Toronto:RMX.TO - News) (AMEX:RBY - News) is pleased to announce that former Goldcorp Inc. Chairman and CEO, Rob McEwen will join with Rubicon in an exciting new North American gold exploration vehicle which will have an important Red Lake focus. In the proposed transaction, McEwen would acquire a major stake in Rubicon through a minimum investment of $10 million. Through wholly-owned Evanachan Limited, McEwen has also agreed to vend-in to Rubicon a 513,000 acre land package in the area of the world-class Pogo gold mine in Alaska in exchange for shares. Rubicon will also acquire a 225,000 acre land position in prospective northeast Nevada, currently held by Lexam Explorations Inc a company in which McEwen is the major shareholder in exchange for shares. McEwen will serve as a strategic advisor to the management of Rubicon for a minimum period of two years.

gutso,
kennst du den link?
Ein Muss für jeden Idaho Fan:

http://www.pennaluna.com/prospector.htm?news_item=372

Beachte den Timberline Abschnitt!

Grüße
Tschonko

Tom Szabo zum Deal von Silverstone + Bewertung:

For those who didn't notice, Silverstone Resources has reached an agreement in principal with its spin-off parent Capstone Mining whereby it will acquire all of the by-product silver produced at the Cozamin Mine at a fixed price of $4.00 per ounce in exchange for an up front payment US$20 million in cash and additional consideration of US$24 million in the form of 19.35 million Silverstone Special Warrants (exercisable at a price of CS1.45 per share). Yes Virginia, this is a clone Silver Wheaton deal and one that I had originally heard rumors about at the SF Gold Show. So it seems that the Silver Wheaton model is not dead but may in fact be making a resurgence, even if in a more modest size (the deal is for roughly 10 million ounces of silver). For some reason, this news has not appeared in the usual places and little has been written about it by the gurus. Regardless, it does have implications for the silver market which should not be ignored and for that reason I will cover it in detail even while the so-called experts ignore it.
As far as Silverstone's valuation, is this a good deal for them? Well, at $14.00 silver, the presumed 10 million ounces of silver is costing them $8.40 per ounce ($4.00 deferred price and $4.40 up front -- $44 million divided by 10 million ounces). Thus, there is an undiscounted present value of $5.60 per ounce or US$56 million plus an option value which can be calculated using methods such as Black-Scholes (I will try to do this next week). This compares to a present market cap of roughly US$37 million but a fully diluted market cap (assuming exercise of the existing warrants and options plus the Special Warrants and the private placement to raise the $20 million cash) of roughly US$100 million. The fully diluted market cap should actually be somewhat lower for reasons that I will discuss at a later date (this applies to all stocks, not just Silverstone) and therefore we can see that the undiscounted present value of US$56 million is right in line with the current stock price even when we exclude the Black-Scholes option value. Yet this still leaves at least one factor not quantified, and this is the risk that Cozamin will not produce the projected ounces of silver during the term of the agreement (although this may be mitigated to a degree by the terms of the agreement). For now, I'll just say that Silverstone doesn't appear grossly undervalued or overvalued based on this deal and much of its near term prospects likely depend on the extent to which newsletter advisors and retail investors get excited about the story (something which has not yet happened). Therefore, an investment in Silverstone at this point is probably mostly a speculation that it will be discovered by investors in the coming days and weeks. Next week, I will try to analyze in detail the extent to which Silverstone's share price fairly values the Cozamin deal in order to determine whether or not there is a long-term investment opportunity.

Silverstrategies hat 2 neue Companies im Angebot:

Tagish lake: TLG.V
http://silverstrategies.com/Co…leNewIE.aspx?ticker=TLG.V

und die hier schon gut bekannte Yale: YLL.V
http://silverstrategies.com/Co…leNewIE.aspx?ticker=YLL.V

Weiters kommt International Millenium an die Börse am 27.2.: IMI.V
Da gibt´s schon einen Thread:
http://www.goldseiten-forum.de/thread.php?threadid=5338

Tom Szabo kommentiert PAAS, HL und SLW:
Yesterday, I mentioned Pan American Silver as a "marginal" producer of silver, which was a mistake as I should have said "variable margin" producer meaning that its margin is influenced by fluctuating cash production costs as well as metal prices, unlike Silver Wheaton's margin which is only impacted by silver prices. Well, PAAS reported last night a stellar quarter during which its cash production cost for silver continued to remain extremely low by historical standards, averaging $1.89 per ounce in 2006 which is a 57% improvement over 2005. This is even lower than Silver Wheaton's cash costs thanks to significant by-product credits at Pan American's mines. However, Pan American's profit still remains more sensitive to fluctuating metal prices due to its overhead and other costs, but I probably need to temper the comment that Silver Wheaton is much more of a defensive silver stock than Pan American based on production margins at this point in time. Instead, Silver Wheaton's defensiveness vs. Pan American is probably more the result of SLW's direct leverage of silver prices to its bottom line earnings.

Indeed, two other major silver producers, Hecla and Coeur, have also been enjoying increasing earnings after struggling to post decent profits as the metal bull market has raged. These two silver companies are somewhat further out on the scale in terms of price sensitivity compared to Silver Wheaton and for some silver investors they may represent an interesting investment opportunity. For example, Hecla's 2006 trailing P/E ratio is just over 14 while Coeur's is a little less than 16. Also, it is difficult to imagine Coeur getting beat down much lower than it is already.

Grüße
Tschonko

Hommel ist bei IMI.V schon fett drinnen.
Bin neugierig, ob er pusht?
Eröffnung am 27.2. wird für mich spannend.

Großer Vorteil ist, dass sie nie Probleme mit dem Drillen bekommen, weil Cabo dahintersteht.
Aktuell wird das Cobalt Gebiet gedrillt, das war einst eines der größten Silbergebiete Canadas.

Als großen Nachteil sehe ich das etwas "zache" Management rund um Versfelt.

ISIN: CA4599701097

Homepage: http://www.immc.ca/index.php

43-101 Reports
http://www.immc.ca/index.php?o…task=view&id=59&Itemid=76

IMMC IS AN ATTRACTIVE INVESTMENT

• Focused on polymetallic projects with the goal of becoming a mining company, growing by development of its properties and acquisitions.
• Strong board and management team with strong track record.

• Low supplies and increased demand for most, if not all, metals are projected to continue for a significant number of years putting the focus on well managed, aggressive exploration, development and mining companies with good properties.

• Asia is experiencing an industrial revolution that will strain existing metal resources and increase the length of the metals bull cycle.

• Properties are strategically located across the Americas in historical mining areas.

• All exploration targets consist of a number of metals, as a result IMMC is not tied to a single commodity, providing the investor with the opportunity to participate in the upside demand for numerous commodities.

• Currently seeking TSX-V Exchange listing. (Abgekhakt!!)

• Multi-million dollar financing commitment received.

PROPERTY HIGHLIGHTS

Mexico Projects: Yecora District, State of Sonora, Mexico
Hilda 30 and LaEsperanza Projects
Gold, Silver, Copper, Zinc & Lead

Nevada Project: Mina, Nevada, USA, Simon Property
Silver, Gold, Zinc, Copper & Lead
Former producing silver polymetallic mine located in the Walker Lane Trend south of Reno.

Harrison Lake Projects: British Columbia, Canada
Nickel, Copper, PGM, Cobalt, Gold & Chromium
Active mining area between 1958 – 1974

High Lake Project: Kenora, Ontario, Canada
Gold, Copper, Silver & Molybdenum

Electrum Lake Project: Kenora, Ontario, Canada (Cabo)
Gold, Copper, Silver & Molybdenum

Skead Project: Sudbury, Ontario, Canada (Cabo)
Gold, Copper, Nickel & PGM’s

Hope Lake Project: Nestor Falls – Sioux Narrows, Ontario, Canada (Cabo)
Gold

Cobalt Project: Cobalt, Ontario, Canada (Cabo)
Silver, Base Metals & Diamonds

http://www.immc.ca/index.php?o…task=view&id=19&Itemid=51

Grüße
Tschonko

Da versäumt ja viel, wenn man 1,5 Tage nicht davor sitzt.
Man sollte sich jetzt die genauer anschauen, die nicht steigen.
Ursachenforschung.......

gutso,
das bildchen mit Hecla und Lopez etc. war 1 A. Großes Gelächter meinerseits. HL ist noch bezahlbar im Vergleich zu den anderen Damen.
Den Artikel hast schon kommentiert....
Ich hab halt HL hier erwähnt so vor ein paar Monaten bei ein bisserl über 6. Die ist schon relativ solide gegenüber windigen Explorern und als Beimischung nicht zu verachten. Ich hab sie nicht.

Bin auch echt gespannt, was die kleinen valley Werte in der nächsten Krise machen.
We will see.....

heron,
den Satz, den du hervorgehoben hast, den halte ich auch für sehr wichtig.
Einige größere silverminen laufen aus.
Ich hab mir halt da gedacht, eine Konzentration auf kleinere Produzenten, vorwiegend in Silber kann nicht schaden. FR, EXN und Konsorten......
Hängt halt sehr vom demand ab....

@edel,
gratuliere zum EXM Kauf. Passt gut zu deiner Minera Andes, weil da haben wir die Verbindung mit Hochschild.
Auch sehr guter Zeitpunkt......, man beachte den Umsatz!!
EXM wird bei mir auch noch reinwandern.
IPT war mir noch wichtiger.....
Bei EXM kommen im April noch warrants, da werd ich dann zulangen.
Da gab´s gestern auch noch eine sehr wichtige meldung.

http://biz.yahoo.com/iw/070223/0219277.html

EXMIN Resources Inc.: Penoles Exercises Option to Continue Exploration Program at the Maguarichic Project, Chihuahua, Mexico
Friday February 23, 9:53 am ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Feb 23, 2007 -- EXMIN Resources Inc. (EXMIN) (CDNX:EXM.V - News) is pleased to announce that Industrias Penoles (Penoles), its joint venture partner at the 38,800 hectare Maguarichic Project, has elected to continue with year two of the earn-in joint venture (see News Release of February 15, 2006, for terms of the earn-in joint venture agreement). In conjunction with this decision, EXMIN has assigned 10% of the mining rights to its concessions that make up the project to Penoles, and Penoles has made the required payment of US$ 100,000 to EXMIN that was called for in the original option ........

.....The Targets

Past production within the Maguarichic district mined low sulfidation epithermal quartz veins with bonanza grades of gold and silver. Based on exposures at the Patria mine, the largest former producer in the district and currently held by a third party, the ore shoots occur below strongly altered rock, consisting largely of clay minerals with local quartz and alunite. Alteration similar to that above the Patria mine extends for more than 10 kilometres onto ground controlled by the joint venture.

High sulfidation type mineralization, similar to that at currently producing gold mines at El Sauzal (Goldcorp) and Mulatos (Alamos Gold), also exists in the region surrounding the Maguarichic project. There are indications that this type of mineralization may exist on the property in addition to the bonanza style low sulfidation epithermal veins. High sulfidation deposits commonly provide large tonnage bulk mineable targets, and low sulfidation deposits are generally mined by lower tonnage underground operations.

Weiters noch eine Meldung zu Silver eagle: Bestätigung der Produktion

http://biz.yahoo.com/ccn/070223/200702230374466001.html?.v=1

Silver Eagle Announces Official Opening of Miguel Auza Mine
Friday February 23, 9:37 am ET

TORONTO, ONTARIO--(CCNMatthews - Feb. 23, 2007) - Silver Eagle Mines Inc. ("Silver Eagle") (TSX:SEG - News) is pleased to announce the official opening of its 100% owned Miguel Auza Mine located in the State of Zacatecas, Mexico, at which we were honoured to have in attendance the Governor of Zacatecas State, Senora Amalia Garcia, the Mayor of Miguel Auza, Senor Claudio Lopez, and a number of State and Federal officials involved in mining regulation. The ceremony, which took place on February 20, celebrated the successful start-up of mining and milling operations in early January 2007. (View ceremony photos) http://www.silvereaglemines.co…es/Opening/MAMOpening.pdf

Since start-up, the on-site mill has been processing a bulk sample, mainly comprised of low grade material, while testing the circuit and training new operators in the mill. The Company has now stockpiled in excess of 70 tonnes of poly-metallic silver, zinc, lead, and gold concentrate, which have been assayed by ERSA Global Laboratory and the Company's on-site laboratory, and are estimated to contain more than 7,000 ounces of silver. Negotiations are underway with a local smelter to process this concentrate, and shipments are expected to commence shortly. Test stoping commenced operation earlier this month and has provided additional material for processing. Silver Eagle has also commenced excavation for the foundation to install a second ball mill, which will allow the expansion of the processing capacity of the mill to 300 tonnes per day by September 2007. Approximately 6,000 tonnes of mineralized material remains stockpiled on surface, available for processing.

The ongoing exploration and resource definition program on the Miguel Auza Mine properties, which comprise an area of approximately 200 hectares within its 41,545 hectare San Pedro Resources property holdings (the "San Pedro Property"), is continuing, with four drills working. The objectives of this program are to increase the total resources and upgrade existing inferred resources to measured and indicated resources.

In addition to the ongoing work on the Miguel Auza Mine properties, Silver Eagle is pleased to announce a further US$550,000 exploration program in 2007, focused on properties outside of the Miguel Auza Mine property area. El Pantano (Pb, Zn, Ag skarn target), Loma Las Minas (gold prospect), Mesa El Cobre (copper prospect) and Cerro San Bartolo (tin prospect) are all located within the San Pedro property. (For further information, please view map). http://www.silvereaglemines.com/prmaps/2007_02_23mp.jpg

Was mich noch überraschte, war der starke Anstieg von OK.V. Den hatte ich eher UC.V zugetraut.
Bin aber eh um einiges fetter in OK.V drin.....

Grüße
Tschonko

alles klar, gutso

Da gibt´s auf w.o. vom User Art Bechstein einen Peervergleich von silbertiteln.
Super sauber gemacht.
Auch interessant wie er hinblickt.
Ich schau auf andere art und weise................(aba net sog´n: deppat?)

http://www.wallstreet-online.d…-30&page=1&thread_page=48

Danke gutso,
hab deine Liste auf Seite 1 eingefügt.
ab mir auch eine gebastelt. Die wird jetzt ergänzt.

Kürzel: SF.V nicht SF.TO
Die überaus gut gehende Revett fehlt mir. RVM.TO
Was ist mit der AUU.V?

Die News dazu gibt´s im Idaho silver valley thread.
http://www.goldseiten-forum.de/thread.php?threadid=1584

Hallo Dau,
sehr schlau
(stories of the year!)

Hallo zwyss,
EXN geb ich nichts her, da hab ich ziemlich viel.
RVM geht sehr gut. Da stört mich der Vertrag mit Silver Wheaton.
ABI ist günstig aber genauso wie CZN Geduldsspiel.

OK u. UV schauen mittelfristig gut aus. Bis die nächsten warrants angeflogen kommen.
Hab ich gestern geposted. bei UC sind die short verschwunden.
ur mehr 12000. Mehr braucht man nicht zu wissen.

ECU: denk ich mir auch schon ein paar Wochen, dass sie kommen müssten. 600 Mille MC, das drückt. NOCH!

Vorschläge: lies hier die letzten 2 Seiten, da findest minimum 4 hervorragende.....

Grüße
tschonko

Sehr viele Unterlinks und Tabellen, daher nur als link:
Lesenswert!

"The Mines Management list gave the top 20 mines but did not supply relevant data such as reserves, resources, annual production, ore grade, or estimated start up dates. I have attempted to supply this data as shown in the table below:"

http://news.silverseek.com/SilverSeek/1172084720.php

Production of Large Silver Mines Through 2030
By: Bryant Blake

Vom selben Autor ist der hervorragende Bericht über die Liste auf der Mines management Homepage.

http://gold.seekingalpha.com/article/23676

Bei UC tut sich auch schon was. Die letzten beiden Tage bestätigt.

Grüße
tschonko

Nicht nur die ganz Großen wie Newmont , Barrick etc.
lassen bei Energold drillen.

Auch MAG Silver:
MAG Silver Resumes Drilling at Batopilas
Wednesday February 21, 1:49 pm ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Feb 21, 2007 -- MAG Silver Corp. (CDNX:MAG.V - News) announces that the planned 2007 drill program has begun at its 100% owned Batopilas Silver Project in the western Sierra Madres of Chihuahua State, Mexico. Drilling will be targeted on areas identified by the detailed property wide exploration programs conducted during the summer and fall field season. These targets include the immediate areas of Las Animas, Arbetrios (Todos Santos) and Pastrana historical workings............

...A contract has been signed with Energold Drilling Corp. to drill a minimum of 1,000 metres. The drill rig, a compact, very portable machine capable of drilling to 500m, is very well adapted for drilling the steep mountainous terrain of Batopilas.

Weiters wächst der 6,6% Anteil an Impact (IPT.V) wieder schön weiter,
weil Impact on the move ist.

Grüße
Tschonko