Beiträge von valueman

  • Thai Guru's Gold und Silber ... (Informationen und Vermutungen)

    Wer interessiert ist:



    Peter M. Kuhn auf Bloomberg-TV
    27.06.2005 Bullion River Gold Corp.


    27. Juni 2005. Peter M. Kuhn, President von Bullion River Gold, stand dem Finanzsender Bloomberg-TV in einem Interview Rede und Antwort. Das Interview wird heute, Montag, 27. Juni, um 16:35 Uhr, 19:35 Uhr und 21:35 Uhr auf Bloomberg-TV ausgestrahlt.

  • Golden Star Resources Ltd. / GSS, GSC (NYSE, TOR))

    Das Seuchenjahr 2004 und seine Auswirkungen ist für GSS langsam aber sicher beendet.


    Bei GSS ist beträchtliches Kurspotential vorhanden:


    Golden Star rebounds from failed M&A bid
    By: Dorothy Kosich
    Posted: '27-JUN-05 05:00' GMT © Mineweb 1997-2004



    SAN FRANCISCO--(Mineweb.com) Despite its unsuccessful hostile takeover bid for IAMGold a year ago, Colorado-based gold miner Golden Star has rebounded, due in large part to its current focus on West Africa.


    In a recent presentation to the San Francisco Gold Forum, Golden Star CFO Allen Marter said the company is well on its way to achieving a number of milestones during the second quarter including the first quarter of production at the Wassa mine in Ghana.


    In addition, Golden Star successfully completed the environmental permitting of its Bogoso Sulfide Expansion Project at the Bogoso/Prestea gold mine in Ghana. Construction of the $115 million to $125-million capex, 3.5 million tonne per annual sulfide processing plant (which includes a bio-oxidation circuit) has begun and will take at least 15 months to complete. The expansion also includes the doubling of mining equipment.


    When commissioned, the sulfide plant is expected to yield 260,000 to 290,000 ounces of gold annually at an average cash cost of $250-$270/oz. The plant is expected to provide a 35% increase in production. Meanwhile, mine staff was reduced by 300 positions.


    During the first quarter of this year, Bogoso/Prestea produced 39,164 ounces of gold at a cash operating cost of $296/oz. The mine is expected to produce from 140,000 to 170,000 ounces this year at an average cash operating cost of $190-$210 per ounce, according to Marter. Reserves and resources at the operation are also undergoing expansion through an on-going exploration program.


    Meanwhile, the nearby Wassa Gold Mine achieved its first commercial production during the first quarter of this year yielding 15,300 ounces. A new powerline recently connected Wassa to Ghana's national power grid. As production ramps up, Marter said from 100,000 to 120,000 ounces of gold are expected to be produced during 2005 at an average cash operating cost of less than $200/oz. Average annual production for Wassa is anticipated to be 140,000 ounces a year at an average cash cost of $200-$220/oz.


    Golden Star plans to spend $15 million on exploration in Ghana this year with a focus on brownfields targets, Marter said. The company is engaging in near-mine and underground exploration at Bogoso/Prestea as well as the Dunkwa property north of Bogoso. A large focus of this year's exploration program is aimed at bring material out of an inferred resource classification into an indicated classification that would allow it to be incorporate in reserves at year end. If successful, mine life would be increased to eight years or more at Bogoso/Prestea.


    Marter said the company is also keenly interested in exploration programs in Sierra Leone and Côte D'Ivoire, where Golden Star plans to spend $500,000 million on the 2,012 square kilometer Afema property near the border with Ghana. He added that Côte D'Ivoire has "significant potential" for the company.


    Golden Star also made an investment in Moto Goldmines in the Democratic Republic of the Congo. The company acquired a 9.5% stake in what Marter referred to as "elephant country" where historic gold production from the district was 11 million ounces. He said a current study refers to 6-million ounces of indicated and inferred resources at Moto. The concession area occupied by Moto cover 4,000 square kilometers of which only 70 square kilometers has been previously explored.


    Marter said Golden Star believes that explorationists will be able to work in the area in "a year or two."


    Although Golden Star has been plagued by thousands of small miners (a number of whom are not from Ghana) at the southern end of its Bogoso/Prestea concession, Marter said district and regional security forces "are ready to push off the illegal miners" after a warning period.


    Nevertheless, Marter said Ghana is a "great investment destination with its stable democracy and well-established laws, and its strong mining culture and trained personnel. He added that he feels Ghana is being "embraced by the investment community," thanks to its significant gold endowment and the activities of major mining companies.


    Marter told the analysts, institutional investors, and mining executives attending the San Francisco Gold Forum that the company is currently in its consolidation stage, including proving Wassa, delivering stronger results from Bogoso/Prestea, building the reserve base for both operations, and proceeding with the Bogoso expansion. Golden Star also plans to build a post-2006 project pipeline including Prestea Underground, and through project acquisitions and corporate M&A.

  • Das neue Südafrika

    @eldo


    Wenn das so kommt wie Du vermutest (und wir ja alle seit geraumer Zeit hoffen)....Rand runter.....und evtl. Gold rauf, werden alle SA Minen einen mächtigen Hupfer nach oben machen....je mehr Aktivitäten im Rand-Raum um so heftiger wird der Sprung werden. Ich hoffe, dass Du Recht behältst. Habe zwar nur noch Harmony....aber die immer wieder nachgekauft. Bin mittlerweile sogar 5% im Plus damit.
    Nebenbei habe ich auch noch ne ordentlich Portion Aquarius Platinum...da habe ich einen super Einstig erwischt mit 3 EURO....Die springen mit....da Aktivitäten grösstenteils in SA.


    Grüsse

  • Perilya Ltd. WKN 876 505 AU000000PEM8 PEM

    Hallo Tambok,


    ich habe die Aussies in letzter Zeit etwas vernachlässigt, aber Du kennst Dich doch dort sehr gut aus. Habe immer noch PEM in meinem Depot. Die gefallen mir eigentlich auch ganz gut, von den Assets her, breit aufgestellt, auch Gold, etc... Aber so richtig in die Gänge kommen Sie einfach nicht. Immer wieder regelmässig negative Meldungen zu Produktionshöhe und Produktionskosten.


    Hast Du eine Ahnung, Annahme warum das dort nicht so flutscht? Hat PEM ein Managementproblem???
    Vielleicht weis Du ja was oder vermutest etwas .


    Grüsse

  • AuRico Gold / AUQ (TSX, NYSE)

    midas


    Hoffen wir das Beste......Warum eigentlich Kontraindikator????Gehen die Papiere die Du kaufts immer gegen Süden??? Ich hoffe doch nicht .[Blockierte Grafik: http://www.world-of-smilies.com/html/images/smilies/schockiert/scared6.gif]
    Spass beiseite, GAM steht sowohl auf der Basis der Reserven und Resourcen als auch anhand der anderen üblichen Bewertungkriterien hervorragend da.


    Warten.....zuschauen......geniessen........abkassieren.
    Den Oxford Club kennt ich nicht; das KZ von 15US$ ist konservativ.


    Grüsse

  • $GOLD:$SILVER Ratio u.a.

    Buffett Maintains Bearish Long-Term View of Dollar (Update1)
    June 20 (Bloomberg) -- Berkshire Hathaway Inc. Chairman Warren Buffett said the dollar's rally this year against major currencies hasn't changed his view that the growing U.S. trade deficit will cause the currency to decline over time.


    ``There's no change in the underlying factors affecting currencies, in my view,'' Buffett said today at press conference in Boise, Idaho, while attending a meeting of state utility commissioners. ``The policies that we're following are likely to lead to a weaker dollar over a long period of years. It's not a forecast for next week, or next month or even next year.''


    Berkshire's bet against the dollar stood at $21.8 billion of currency forward contracts as of March 31 and caused a $307 million first-quarter pretax loss as the dollar advanced, the company said on May 6. The dollar this year has pared some of its three-year decline versus the euro on expectations U.S. economic growth would outpace Europe and the Federal Reserve's eight interest-rate increases since last June would boost demand for U.S. debt and other dollar-based assets.


    The U.S. Dollar Index, which measures the dollar's value against a basket of six currencies including the euro, yen and British pound, has appreciated 5.3 percent since the end of the first quarter. Year to date, the index is 9.5 percent higher.


    Buffett and Bill Gates, chairman of Microsoft Corp., are among investors who have bet against the dollar. Buffett's firm began betting against the dollar in 2002 on concern widening U.S. trade and budget deficits would erode its value. Berkshire has recorded $2.65 billion of gains from its currency position since it began that bet.


    ``That position is likely to be very long-term,'' Buffett said today. ``It reflects things that will happen over years and years absent some major change in policy in this country.''


    Against the euro, the dollar rose to $1.2144 at 1:51 p.m. in New York from $1.2286 late on June 17, according to electronic foreign-exchange dealing system EBS. It also climbed to 109.46 yen from 108.58. The dollar has risen 12.6 percent since it fell to a record $1.3666 per euro on Dec. 30.


    Buffett said his view is unchanged from when he published Berkshire's annual letter to shareholders in March. He declined to say which currencies he invests in.



    To contact the reporter on this story:
    Bradley Keoun in Boise, Idaho at bkeoun@bloomberg.net.
    David Plumb in New York at at dplumb@bloomberg.net.
    Last Updated: June 20, 2005 13:55 EDT

  • Moto Goldmines Ltd. WKN A0B LWY AU000000MTO9 MOT

    Tambok


    Ich habe nicht IAMGold mit Moto verglichen, sondern nur die Interessenlage von GSS abgewägt.GSS ist offensichtlich an der einen oder anderen strategischen Übernahme interessiert, sonst hätten Sie für IAMGold kein Angebot gemacht.
    Ob Interesse an Moto besteht oder nicht weis ich natürlich nicht. Tatsache ist jedoch, dass GSS seinen Anteil an Moto kürzlich von 9% auf 12,5% aufgestockt hat. Welches Ziel damit verfolgt wird oder welche Absicht dahinter steck ist reine Spekulation.


    Ich muss also nicht den schmerzhaften Rosenkranz beten; habe auch nicht "Jehova" gerufen und somit auch keine Blasphemie begangen.
    Zur Steinigung bitte links einordnen und das mir auch ja kein Weibsvolk anwesend ist.


    [Blockierte Grafik: http://www.pythonsite.de/film/bk2.jpg]

  • Moto Goldmines Ltd. WKN A0B LWY AU000000MTO9 MOT

    Ob gepuscht oder nicht muss jeder selber für sich entscheiden.
    Falls Sie übernommen werden steht als möglicher Kandidat für mich GSS an erster Stelle. Die haben erst kürzlich vergeblich versucht IAMGold zu übernehmen und haben reichlich Cash in der Kasse. Zumal GSS ja bereits 12,5% an Moto besitzt.Da fehlt ja eigentlich nicht mehr viel.


    Grüsse