Beiträge von frr

  • Juniors aus Kanada

    McEwen buying Nevada for Christmas!
    (floridagold7) Dec 10, 11:28

    St. LOUIS (ResourceInvestor.com) – Founder of Goldcorp and current chairman and CEO of U.S. Gold Corp. Rob McEwen is buying Nevada for Christmas. Today, he announced the purchase of an 18.2% stake in
    Nevada Pacific Gold and nearly a 20% stake in Coral Gold. This, along with McEwen's 33.3% interest in U.S. Gold and a 17% interest in White Knight Resources, might be the perfect equation for a merger in a rapidly consolidating sector. Will McEwen be known as the mining king of Nevada?


    According to the Nevada Pacific Gold [TSXv:NPG] press release, McEwen has agreed to purchase 12,500,000 units of the company at a price of $0.40 per unit for $5 million. Each unit is comprised of one common share and one common share purchase warrant – with each warrant priced at $0.50 for a term of two years.


    As a result, McEwen will hold 18.2% of the outstanding shares of the company, and, in the event of exercising all of the warrants, will then hold a 30.8% stake in the company. McEwen will thus join the Board of Directors of Nevada Pacific, according to the company.


    Nevada Pacific Gold, in addition to the producing Magistral Gold Mine in Mexico, owns an exploration property portfolio covering approximately 75 square miles of mineral rights including portions of two major gold producing belts in the State of Nevada – the
    Cortex Trend and Carlin Trend.


    McEwen also announced the purchase of 1,250,000 shares in Coral Gold Resources [OTC:CGREF] giving him roughly a 20% share in the company.


    In turn, McEwen has been appointed to the Board of Directors and as executive chairman of Coral Gold as well, according to the company press release.


    Coral Gold has been exploring a portfolio of strategically located claim blocks along the Battle Mountain-Eureka/Cortez gold trend in north-central Nevada. These properties are situated in the active
    Crescent Valley region, site of the large Cortez gold mine.


    As previously noted, McEwen also owns a little more than 17% of White Knight Resources [TSXv:WKR], currently exploring for Carlin-
    type gold deposits in north-central Nevada as well.


    White Knight owns 16 properties (approx. 55,000 acres), 14 of which are located within the prolific Cortez Trend. And the company plans to aggressively and systematically evaluate what is currently the second largest land holding in the Cortez Trend, according to the website.


    So with McEwen's 33% stake in U.S. Gold Corp. [OTC:USGL], also owning land within the Cortex Trend, are we seeing a prelude to a giant Nevada consolidation?


    go gold/silver!

  • Gtw

    Aus Bill Bucklers "Privateer" - Gold this Week


    Wie üblich exzellente TA und ich hoffe Bill verzeiht mir, wenn ich ausnahmsweise seinen weekly commentary ausborge. Vielleicht regt es einige hier zu einem Abo an!




    "This Is Starting To Get Interesting
    On a technical basis, we can't do better to sum up the present situation with the $US Gold price than to refer you to the $US 2 x 3 point and figure (P&F) chart. But before you take a look at it, please read our Gold This Week - GTW - for September 16, 2005. That was written as Gold had just broken above the bull market high it had set in December 2004.


    Finished? OK. Now take a look at the up to date $US 2 x 3 point and figure Gold chart - up to the December 9 close. The upchannel which we talked about back in September has been broken through, the current $US 527 spot future close has blown Gold right through it.


    This breakthrough GUARANTEES that one of two things is now going to happen. Either Gold is going to accelerate upwards and form a new and steeper upchannel. Or Gold is going to correct wherever the present run ends and fall back into the channel. A break of a long-standing channel is a STRONG signal of an imminent increase in momentum. Since this is an upchannel, the momentum is of course UP.


    The other point to be made is that when an upchannel is broken above, the TOP of the channel provides a major support point for future downturns. Presently, the top of the channel on the $US 2 x 3 P&F chart stands at about $US 514-16.


    That takes care of Gold itself. Now to look at the relationship between Gold and the US Dollar. Again, we refer you to a recent edition of Gold This Week (GTW. This time, it's the piece written on September 23 and titled: "The Last Finger In The Dike".


    Finished again? Sorry about all the extra reading, but this is interesting and important stuff. As stated in the piece, we run a daily page showing the ratio between $US Gold and the $US Index. This is derived simply by dividing the spot future $US Gold close by the spot future $US index close and multiplying the result by 100. This week, that ratio finally broke above the high it set back in December 2004 when Gold reached what was then a bull market high of $US 456.00. The December 2004 ratio peak was 563.10.


    The reason why the ratio still lagged behind its December 2004 high long after Gold exceeded its December 2004 high is, of course, because the $US index had risen - substantially - in the meantime. In fact, it was only this week, on December 8 to be exact, that the $US Gold/$US index ratio finally broke above its December 2004 highs. By Friday, December 9, the ratio had reached 577.79 - substantially above its December 2004 high of 563.10.


    This breakthrough too is HIGHLY significant. It shows that Gold is stronger against the $US now than it was late last year when the $US index was plummeting towards its absolute bottom, a level it had not been below in the fiat currency era - that is - since August 1971.


    Right now, the $US index has regained a bit less that 30% of the losses it sustained in 2002-04. Yet the $US Gold/$US Index ratio is now higher than it was at the depths of the $US bear late last year. To give you an idea, if the $US index was still at its 2004 low of 80.60 (instead of its Dec. 9, 2005 close of 91.21), the current $US Gold/$US Index ratio (with Gold at $US 527.00) would be 653.85.


    Despite these breakthroughs, it is clear that Gold still climbs a wall of worry as steep as ever. Every day, there are another batch of "analyses" in the financial press which start by trumpeting Gold at "24-year highs" and swiftly go on to state that the reasons for it are "speculative buying" out of Asia and suspected buying by the Central Banks of Russia, South Africa, and Argentina.


    Having done that, the never fail to emphasise that there are no signs of "inflation" on the horizon. This, of course, implies two things right off the bat. It implies that the accelerating upmove of the Gold price in ALL global currencies is not itself a "sign of inflation". It further implies that there is nothing behind this Gold price rise - except speculation and some buying from aberrant Central Banks.


    For seventy years, since Keynes wrote his treatise in 1936, the financial world has been tenaciously clinging to one foundation above all others. This is the mantra that inflation has nothing to do with money or the amount of same, it is simply and purely rising prices. Expect this mantra to be adhered to right up to the bitter end. To admit that rising prices are merely one of a multitude of EFFECTS of an inflation which is itself solely a MONETARY phenomenon would blow the entire fiat money and credit game sky high.


    Inflation is an increase in the stock of money. The defining charactaristic of the past seventy years, and particularly the last 35 years or so since the dawn of the fiat (unconnected to Gold) currency era has been an EXPLOSION of the stock of money. This is so obvious a fact that few are looking at it, and there are multitudes who are moving heaven and earth to prevent them from looking at it.


    Late in fiscal 2005, the US Treasury reported that they expected to borrow $US 96 Billion in the first quarter (October - December 2005) of the 2006 fiscal year. On December 8, with three weeks left to go in the first quarter of the 2006 fiscal year, US Treasury debt "to the penny" had increased by $US 198.3 Billion. That's more than double what they "expected" to borrow, and the quarter isn't over yet.


    Why has Gold all of a sudden started to accelerate upward? There are a multitude of reasons, but the underlying one is that more and more people have realised that the profligacy of modern debt finance is unsustainable. And more and more of the people who have come to that realisation have decided to PROTECT themselves from the consequences, by buying GOLD (and Silver).


    Gold is accelerating because reality is peeking through more and more of the cracks in the facade of the money manipulators. It had to happen sometime, it happens to be happening now. It's as simple as that. How high can it go? There's no way of answering that question. Just keep in mind that on a "constant Dollar basis" (applying the decrease in the purchasing power of the Dollar as measured by the CPI), the equivalent of $US 850 in January 1980 is about $US 2200 today."


    (Gold Last Week | Archives)



    ©2005 The Privateer Market Letter


    Beste Grüsse

  • Juniors aus Kanada

    December 9, 2005 Trading Symbols: TSX Venture – CGR


    US;OTC.BB – CGREF


    Berlin and Frankfurt – GV8



    Rob McEwen to purchase up to 1,250,000 shares in Coral Gold Resources Ltd., becomes a Director and Executive Chairman of the Board



    Coral Gold Resources Ltd. (the “Company”) has arranged a non-brokered private placement of up to 1,500,000 common shares at a price of $3.00 per share. The placee for up to 1,250,000 shares is Mr. Robert R. McEwen and upon closing he will hold just under 20% of the outstanding shares.



    The net proceeds of the offerings will be used for additional exploration and development work on the Company's mining properties and for general working capital requirements.



    The above transactions will be subject to regulatory approval.


    The Company also announces the appointment of Mr. Robert R. McEwen to the Board of Directors and as Executive Chairman of the Company. Mr. McEwen is Chairman and CEO of U.S. Gold Corporation and Lexam Explorations Inc. and was the founder and former Chairman and CEO of Goldcorp Inc., which is one of the world’s top 10 gold producers. Mr. McEwen followed his father into the investment industry and also developed a passion for gold. In 1990 Mr. McEwen jumped into the mining industry, where he transformed Goldcorp from a collection of small companies into a mining powerhouse. Since 1993, when Mr. McEwen started restructuring Goldcorp, its market capitalization has grown from $60 million to over $8 billion and Goldcorp’s share price has increased at 31% compound annual growth rate since 1993. Mr. McEwen holds an Honorary Doctor of Laws Degree, York University, Toronto, a MBA from Schulich School of Business, York University, Toronto, Ontario, Canada, and a BA from the University of Western Ontario, London, Ontario, Canada. He is also a member of WPO, the Canadian Council of Chief Executives and the Dean's Advisory Board, Schulich School of Business.


    Coral Gold has been exploring a portfolio of strategically located claim blocks along the Battle Mountain-Eureka/Cortez gold trend in north-central Nevada. These properties are situated in the active Crescent Valley region, site of the large Cortez (Pipeline) gold mine.


    On behalf of the Board of Directors


    of Coral Gold Resources Ltd.



    “Louis Wolfin”


    Louis Wolfin


    Director


    ....


    Also will resume trading today at 8. a.m. pacvific Time - Das ist um 17h
    unserer Zeit.


    Nevada Pacific hat nun ebenfalls auf eigene Veranlassung den handel ausgesetzt - there's something big in the bush!

  • IMA Exploration Inc. WKN 884 971 CA4496641016 IMR

    Hab Deine Frage gesehen - kann vor Morgen - eher Do. absolut nichts sagen. Vastehsts eh, oder!


    Zu IMA - AQI - Sollten kurzfristige Kursbewegungen aussagekräftig sein, was ich an sich nicht in Frage stelle - wäre es wohl angezeigt, dass AQI ...tionäre langsam ans Umsteigen denken.


    In Wien oder Wean hasts - Endstation - alles aussteigen!


    ...

  • IMA Exploration Inc. WKN 884 971 CA4496641016 IMR

    Grosso - The Exploration Man of the Year in Argentina.


    Des Hackl ins Kreuz wird ihm wohl Argentina kaum nachschmeissen. Mein letztes Gespräch war für mich äusserst positiv, da man erwarten darf, dass es rasch zu einem Urteil kommen wird. Die Richterin will es vom Tisch ... Ich auch! - steht im Brief ans Christkind".

  • IMA Exploration Inc. WKN 884 971 CA4496641016 IMR

    Wie ich schon sagte der Lac/Corona Prazendenzfall wurde bereits am Anfang dieser Schweinerei aus dem Hut gezaubert.
    Ich wiederhole mich - reine Propaganda und an den Haaren herbeigezogen. Denke nicht, dass dies hier herangezogen werden kann.


    Immerhin war gestern der letzte Tag vor Gericht - wie ich hoffe und auch annehme, da meine vibes mir flüstern - "dieses" hat ebenso genug von dieser total unnötigen litigation wie viele andere.


    Es ist schlichtweg nicht mehr nötig alle Punkte neu zu beleuchten, da sie ohnehin immer sonnenklar waren und die "Strategie" der Kläger von Anfang durchschaubar waren.


    Eine bescheidene Frage - wie wird Marc Henderson seinen Aktionären - natürlich nur potentiell gemeint - dass er das noble IMA Angebot kurz vor der nuisance litigation ausschlug?! Hope he has some nightmares already - can't happen to a nicer guy!


    Cheers

  • Die geheime Währung:

    Vielmehr wieviel Gold ist genug...


    The question is -- how much gold should one own as a percentage of one's liquid assets? This is a personal choice. For myself, I've picked a figure of 25% of liquid assets. If the dollar collapses, I'll, of course, wish I had ALL my liquid assets in gold. But I'll confess that I'm not ready to do that. I guess I'm just too used to having dollars (T-bills) in my portfolio. Furthermore, the dollar looks powerful at the moment against the euro.


    The Fed's job has all along been to hide any evidence of inflation through various devious methods such as "hedonic" adjustments, "core" inflation, rent instead of home prices -- and always concentrating on current inflation while avoiding any mention of the dollar's loss of purchasing power over the years.


    To his shame, Alan Greenspan has gone along with this nonsense. This has caused me to lose all respect for him. In fact, at one point Greenspan, when questioned, claimed that the Fed, in its "anti-inflation" stance, has acted as if the dollar was still backed by gold. What utter rubbish. Alan, it's time to retire....


    Dr. Richebächer würde dies sofort unterschreiben ...


    have fun

  • Juniors aus Kanada

    erinnern an PDG's Pipeline, sowie Cortez Hills Bonanzas.


    Die Tatsache, dass es diesmal ein Junior ist could be the match that lights the fire.


    Im Übrigen ist Rob McEwens US Gold auf der Pirsch in diesem Gebiet.
    Been there and have seen it before ... kann spannend werden.


    Good Luck

  • Silberaktien

    Die entzückende Cathy Fong hat uns in München beehrt uns eindrucksvoll ihr China Silber Projekt vorgestellt.


    Who needs old Idaho when you got some great new stories like China, patagonia and of course old Mexico .