Berg und Talfahrt heute: Endkurs 0,41 CAD -4,7% bei Anfangs 0,49 CAD +10%.
Interessanter Research-Studie von Midas Research vom 16.01.06, Kursziel 0,70 CAD. Besonders gefällt das angeführte Argument der "starken Hände", in denen die Aktien von Dynasty nun liegen:
Avotec Mining 24%-Beteiligung mit Aufstockungsrecht bis zu 35,6%
Caledon Resources 15%-Beteiligung
AngloGold 8,7% Beteiligung
http://www.dynastygoldcorp.com…Midas-Research-160106.pdf
Grüße
Unter hohen Umsätzen kurz vorm Ausbruch übers 52Wochen-Hoch (1,60$). aktuell +9,66% auf 1,59$ 
Grüße
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 27, 2006) - Minefinders Corporation Ltd. (the "Company") (TSX:MFL)(AMEX:MFN) has received a bankable-level feasibility study from Kappes, Cassiday and Associates ("KCA") on its 100% owned Dolores gold and silver deposit in Chihuahua, Mexico. On the basis of this study, the Company's Board of Directors has now directed management to proceed with the development and construction of an 18,000 tonnes per day open-pit, heap leach mine at Dolores.
Company President, Mark Bailey, commented: "The new KCA study is the culmination of several years of intensive geological and engineering work. In the process of re-working and advancing earlier mine plans, our internal and consulting engineers have significantly improved the economics of the project. The Dolores gold and silver deposit has always been commercially attractive; however, we believe that the plan upon which we will now break ground best reflects its true potential. We look forward to putting the open-pit portion of the Dolores deposit into production by mid-2007, and to continuing our successful expansion of gold and silver resources on the property."
Summary of Project Economics (in U.S. dollars)
The estimated economics of the approved 18,000 tonnes per day ("tpd") mine plan are summarized as follows:
- total direct capital costs of approximately $98.5 million, with additional indirect capital costs of $33.2 million, for total capital costs of $131.6 million;
- sustaining capital costs over the life of mine of an additional $29 million (all capital costs estimates are +/-15%);
- cash operating costs of $224.25 per ounce of gold and gold-equivalent silver ("AuEq" - based upon a 63:1, gold:silver ratio), or $86 per ounce gold, net of silver credits (using $7.50 per ounce silver), and total cash costs (inclusive of all concession and royalty payments) of $237.70/oz AuEq;
- after-tax cash flow having an estimated undiscounted net present value ("NPV") of $276.8 million and an internal rate of return ("IRR") of 24.3%; and
- payback of capital costs in 3.3 years.
The optimization work to date that is reflected in the new study (the "KCA Study"), has had a positive impact on the project economics, despite increases in the current costs of many of its components, including fuel, reagents, steel and equipment. The profitability of the project is expected to be further enhanced as additional optimization and detailed engineering proceeds during the construction period.
A new resource model and mine schedule will be completed this Spring to include the results of exploration and infill drilling completed through the end of 2005. This drilling is expected to increase the project reserves and further enhance its overall economics.
The mine plan and analysis of project economics does not include significant, high-grade gold mineralization that lies below the approved pit model. Ongoing drilling will target the further definition and expansion of this mineralization, with a view to the development of plan for an underground mine component.
Summary of Capital and Operating Costs
Capital and operating costs assume the purchase of new equipment and use current pricing for all components. As against the project studies announced in July 2005, power costs have increased by approximately $0.23 per tonne and reagent costs have increased by $0.21 per tonne. Mining costs have increased in the new study by $0.20 per tonne, as a result of higher fuel costs. As noted, capital costs are expected to improve with the completion of detailed engineering and contracting.
Rest unter:
http://www.ccnmatthews.com/new…Text=all&actionFor=581934
Grüße
Primary Resources raises $3m in IPO
Source: AAP
Date: 2006-Mar-02 01:05 PM
Junior explorer Primary Resources Ltd has raised $3 million from its initial public offer, ahead of a planned listing on the Australian Stock Exchange next week.
The company had been seeking a maximum of $5 million, with $3 million representing the minimum subscription level.
Adelaide-based Primary has five projects in Western Australia, which it considers prospective for gold, copper, nickel and uranium.
Primary chairman Rod Hollingsworth said the immediate focus would be on its flagship Warburton-Egerton project, with four targets ready for drilling.
"The acreage's mineralisation is also very similar to systems around the Olympic Dam and Ernest Henry discoveries," Mr Hollingsworth said.
The company hopes to identify significant discoveries within two years of listing.
It said the type of ground in Western Australia had been the bane of previous explorers, resulting in slow development.
"However, the recent opening up of some areas for negotiated exploration may lead to the discovery of concealed mineral deposits," the company said.
"The area is vast and compared to other parts of Australia, has been under explored."
Shares in Primary were issued at 20 cents each and are due to start trading on March 8.
Copper giant to spin off silver assets
Five Canadian brokerages vie for rights to Codelco's $1-billion IPO on TSX
SINCLAIR STEWART AND ANDREW WILLIS
The world's largest copper producer, state-owned Codelco of Chile, is preparing a $1-billion (U.S.) spin-out of its silver mining assets that is expected to create a new company listed on the Toronto Stock Exchange.
The Santiago-based company auditioned investment bankers over the past two weeks in New York as it laid the groundwork for an initial public offering later this year, according to financiers vying for the business. Codelco is capitalizing on the fact that silver bullion prices have doubled in the past four years, with the precious metal changing hands Friday at $9.59 an ounce.
Silver and gold are afterthoughts for Codelco, which produces 40 per cent of the world's copper. The company estimates it will spend $12-billion expanding its copper mines over the next four years, and an IPO of its silver assets would help pay these bills.
At least five Canadian brokerage houses, along with several global investment banks, pitched for a starring role in the IPO, which would likely pay out more than $20-million in fees. Investment bank N.M. Rothschild & Sons Ltd. is supervising the selection of financial advisers, sources said. Codelco is expected to select an investment bank within two weeks, with an IPO to follow.
"This would be a real coup, to have a new, billion-dollar mining company arriving on the TSX," said one Canadian financer pitching Codelco. The new silver company is expected to list its shares on some combination of the TSX, New York Stock Exchange and AIM, an arm of the London Stock Exchange. Officials at Codelco could not be reached for comment.
More than half of the world's mining companies -- more than 4,400 stocks -- are listed on either the TSX or the Calgary-based TSX Venture Exchange.
Codelco does not disclose its silver output, but it is one of the world's top 20 miners of the precious metal.
The Silver Institute, a Washington-based industry association, estimated that the Chilean company produced 9.6 million ounces in 2004, good for 16th place in the ranking of international silver miners.
One of the largest silver-focused mining companies on the TSX is Pan American Silver Corp. It turned out 11.2 million ounces of the metal in 2004, and commands a $1.8-billion (Canadian) market capitalization.
Vancouver-based Pan American also lists its stock on the Nasdaq Stock Market, an American exchange.
Though Codelco is government owned, a company-commissioned study by Goldman Sachs & Co. last year pegged its value at between $24.5-billion (U.S.) and $27.5-billion. In 2004, the company posted a $3.3-billion profit on sales of $8.2-billion, and it has 16,700 employees.
Prior to the 1990s, Codelco had a monopoly on mining in Chile, but the market has now opened up.
In addition to producing silver at wholly owned mines, Codelco has partnered with two Canadian companies on Chile's Puren mine, slated to begin production later this year.
Codelco owns 35 per cent of the project, which is expected to churn out 12.9 million ounces of silver in the first year of operation, and more than 50,000 ounces of gold.
The remaining 65-per-cent stake is held by Mantos de Oro, a joint venture between Kinross Gold Corp. and Placer Dome Inc.
Worldwide silver supply was 879.2 million ounces in 2004, according to the Silver Institute, which also says that demand for the metal has outstripped supply for 14 consecutive years.
Demand for the metal comes primarily from bullion-buying investors, jewellery and silverware manufacturing, industrial applications and photography, with the latter a declining market.
The commodity's hot run in the past few years has come in part on the back of other metals.
A recent Silver Institute report said: "Silver has never really enjoyed the 'safe haven' status that gold possesses. However, its linkage to gold and the base metals meant silver was often an attractive home for speculative capital since it was perceived as likely to ride the coattails of any rally in these other markets."
Toll, News von Reuters stimmt nict ganz! Die Beteiligung erfolgt zu 0,40 CAD mit Warrant. Trotzdem interessant. Hier die News von der AngloGold-Seite
Monday, February 27, 2006
AngloGold Ashanti Limited announced today an agreement to acquire an effective 8.7% stake in Dynasty Gold Corporation, a Vancouver-based exploration company with projects in China, through a $2m private placement in shares and warrants.
Dynasty Gold holds 70% of three existing projects in northwest China: Red Valley in Qinghai, Wild Horse in Gansu and Hatu in Xinjiang. The proceeds of the AngloGold Ashanti investment will be used to fund further exploration of the Red Valley and Wild Horse projects, both located in the prospective Qilian metallogenic belt.
AngloGold Ashanti will acquire its stake through the purchase of 5.75m Dynasty units at a price of C$0.40. Each unit will consist of one common share and one-half common share purchase warrant, exercisable at a price of C$0.60 for two years. In addition to this equity investment, the two companies have agreed to form a broader partnership, allowing AngloGold Ashanti the right to enter into joint ventures at both the Red Valley and Wild Horse projects, and, by investing a total of $5m over three years, earn 55% in these projects.
Commenting on the transaction, Executive Officer: Business Development Richard Duffy said, 'We are delighted to form this partnership with Dynasty Gold Corporation, which marks the next step in building our exploration presence in the prospective Qilian belt in China.'
hab eben Dynasty Gold gekauft! die gibts in Frankfurt noch für 0,34€! AngloGold Ashanti hat heute bekanntgegeben, daß sie sich für 0,60 CAD an Dynasty beteiligen. das sind aber umgerechnet 0,44€! Trading auf eigene Gewähr! 
JOHANNESBURG (Reuters) - The world's third biggest gold producer AngloGold Ashanti Ltd will buy an effective 8.7 percent stake in Canada-based Dynasty Gold Corporation, the company said on Monday.
AngloGold said in a statement it would acquire the stake through the purchase of 5.75 million Dynasty units at a price of
C$0.60.
Dynasty is a Vancouver-based exploration company with projects in China. South Africa's AngloGold is majority owned by mining giant Anglo American Plc.
AngloGold said it would acquire the stake through a $2 million private placement in shares and warrants.
Dynasty holds 70 percent of three existing projects in northwest China: Red Valley in Qinghai, Wild Horse in Gansu and Hatu in Xinjiang.
"The proceeds of the AngloGold Ashanti investment will be used to fund further exploration of the Red Valley and Wild Horse projects, both located in the prospective Qilian metallogenic belt," AngloGold said.
Added to the equity investment, the two companies said they had agreed to form a broader partnership, allowing AngloGold the right to enter into joint ventures at both the Red Valley and Wild Horse projects, and, by investing a total of $5 million over three years, earn 55 percent in these projects.
"We are delighted to form this partnership with Dynasty Gold Corporation, which marks the next step in building our exploration presence in the prospective Qilian belt in China," Richard Duffy, AngloGold's Executive Officer for Business Development said.
Shares in AngloGold traded 2.66 percent higher at 335.25 rand by 0806 GMT, beating a firmer gold mining index, which had gained by 2.14 percent.
Grüße
Danke für den Link Austrian! Das AIM-Listing werde ich beobachten, mal sehen was da noch so für Storys kommen.
Grüße
Also "low profile" ist untertrieben. Finde weder bei der Sunday Telegraph was noch spuckt mir Google bei Kismet Oberson oder Stephen Chew einen brauchbaren Link aus. Hast Du noch weitere Quellen? Von wann stammt der Artikel?
Grüße
Deine und meine High River Gold machen einen Freudensprung (+18,4%) nur weil Du sie so lobst ;). Aber wir sind bestimmt nicht die einzigen Freunde von HRG. Du hast sie ja auch Eldo.
Aber, Deinen Einflußbereich mal außer Frage gestellt, das Interview von Don Whalen vom 23.02.06 hat auch geholfen.
http://www.hrg.ca Link zu "Don Whalen on ROB TV" direkt auf der Startseite von HRG.
Grüße
P.S. Dann werd ich auch mal Semafo-Aktionär 
Hab hier ein sehr interessante Story zu Boots & Coots (AMEX: WEL) in der aktuellen WirtschaftsWoche gefunden. Bin sofort eingestiegen.
Hier ein Auszug:
...Adairs Unternehmen Boots & Coots – die Aktien werden an der Amex gehandelt – ist noch immer auf das Löschen brennender Ölquellen („Blowouts“) spezialisiert. Inzwischen hat sich der Kundenstamm stark erweitert. Boots bietet auch Schulungen für die Besatzung von Ölbohrinseln und Tankern an, in denen das Know-how des Firmengründers weitergegeben wird. Eine potenzielle Goldgrube. Nur nehmen die Anleger davon kaum Notiz. Noch.
...Boots & Coots zum Beispiel werde derzeit von den Investoren „einfach nicht wahrgenommen, weil gerade nirgendwo auf der Welt ein Diktator Ölquellen in Brand steckt“, klagt Moser. Dabei verdient Boots auch dann Geld, wenn es nirgends brennt. Ingenieursdienstleistungen für die boomende Öl- und Gasindustrie und Training für deren Werksfeuerwehren bescheren den Texanern steigende Umsätze und Gewinne. Die Aktie könnte vor einer Neubewertung stehen. Hintergrund ist ein Zukauf, von dem die Börse bisher kaum Notiz genommen hat: Boots erwarb kürzlich das Hydraulikgeschäft von Oil States International, einem führenden amerikanischen Ölserviceanbieter mit einem Umsatz von rund einer Milliarde Dollar. Boots bezahlt den Kauf nicht mit Geld, sondern mit eigenen Aktien. Dadurch ist Oil States jetzt an Boots beteiligt. Der Clou: Im Gegenzug steigt der Umsatz von Boots mit einem Schlag um 110 Prozent, der Gewinn dürfte sich ebenfalls verdoppeln.
„Das ist eine ähnlich bestechende Story wie damals bei Freenet“, schwärmt Moser. Der Hamburger Internet-Provider kam 2003 vergleichbar günstig an das Festnetzgeschäft seiner Mutter Mobilcom. Auch damals dauerte es ein bisschen, bis die Börse Lunte roch, doch in den Monaten danach explodierte der Freenet-Kurs um bis zu 1000 Prozent.
Grüße
Stimmt nicht ganz. habe nicht den Eindruck, daß hier alles rosarot angepinselt wird. Als Beispiel dienen meine kritischen Einwürfe zu den Bewertungen von Solarworld, Suntech und SAG oder der Hinweis auf die frühzeitige Verabschiedung der Private-Equity-Investoren bei Q-Cells vom 19.02..
Andererseits sind Solarwerte immer noch beliebt und man kann noch eine Weile bei den großen Werten auf der Welle mitreiten. Man muß nur aufpassen. 
Und man darf auch nicht alle über einen Solarkamm scheren. Es gibt immernoch günstige Aktien in diesem Bereich zu finden bzw. vielversprechende Technologieansätze zu entdecken.
Grüße
23 February 2006
Silicon Shortage Drives Global Solar Mergers & Acquisitions
Catherine Lacoursiere, Guest Contributor
Renewable Energy Access
Acquisitions in the global solar industry are off to a strong start in 2006 following a major realignment in the solar industry. The recent sale of Shell Solar's crystalline solar business to SolarWorld was a clear indication that the economics of the photovoltaic manufacturing business has changed. Global merger and acquisition activity in the renewable energy sector has been growing at just under 50 percent per annum for five years, reaching $14USD billion in 2005, according to London, UK-based New Energy Finance. Activity in the photovoltaics sector, which has been one of the most acquisitive, is expected to increase.
The worldwide silicon shortage is a major driver of the pickup in M&A activity says Walter Nasdeo of Ardour Capital Partners. Over 90 percent of global solar cell production is silicon based. Despite very high demand for photovoltaic equipment, the raw material shortage is squeezing margins. Solar World cited two major benefits of the Shell deal: one, it secures more access to silicon supply and, two, monocrystalline solar technology provides the highest yields and, thus, requires less silicon. The deal makes the German photovoltaic supplier the largest solar power company in the US.
Amidst a major industry realignment, it is becoming hard to keep track of all the new solar entities. In addition to solar IPOs, which led new issues last year, many companies are acquiring a presence in the solar business to capitalize on global demand growth in excess of 30 percent. Carmanah Technologies Corporation (TSX: CMH), which has established itself as a world leader in lighting technology through its LED business, acquired Soltek Powersource last year -- a photovoltaic manufacturer and distributor -- to become the largest solar manufacturer in Canada. On the strength of its new solar business, Carmanah reported record profits last quarter. Soltek, itself, is the product of a number of global acquisitions.
Yet while solid opportunities to invest in the solar boom exist, the high stock valuations and investor demand also raise concern of a solar bubble, and not the ones used as a cover on swimming pools. At the other end of the spectrum are solar companies that are emerging overnight through acquisitive shell companies -- stocks that are listed on a stock exchange but are not actively traded.
While the number of potentially accretive deals is indeed finite, there are discernable trends. Many companies are building core competencies in promising technologies -- nanosolar, thin films and building integrated photovoltaics (BIPV). This month, Barnabus Energy (OTC BB: BBSE) completed its transition to a solar energy pure play, divesting its natural gas assets and adding two more solar companies to its portfolio -- Connect Renewable Energy and Solar Roofing Systems -- buying a presence in the fastest growing sector of photovoltaics, building integrated photovoltaics. Barnabus' core solar business has been the development of a patented solar concentrator.
The raw materials shortage will also continue to drive deals across the supply chain. In the charge to reduce costs, solar gear producers are buying solar industry equipment suppliers with a view to improving efficiencies. Ardour Capital's Nasdeo expects to see more suppliers being bought up. In Europe, Theo Kitz of Munich-based Merck Finck says that there are many small solar companies that are too small to survive on their own, particularly during the silicon shortage, offering opportunities to be bought out at attractive prices.
Of course, the high solar stock valuations are providing currency to do these deals while also raising concern that some solar stocks are overvalued. This week, a few analysts cited high-growth Q-Cells, the world's leading independent maker of solar cells, as overvalued as it was dragged down by Cypress Semiconductor's spin-off, SunPower, which reported lower than expected earnings due to the high cost of raw materials. Both Q-Cells and SunPower issued initial public offerings in December. "Q-cells has quite an aggressive plan to build new production lines but they all have trouble securing the silicon supplies for existing production," says Kitz. In addition to ramping up production lines, last year, Q-Cells entered into a joint venture agreement with Evergreen Solar to manufacture Evergreen's higher yielding String Ribbon solar cells.
In fact, many of these solar plays may be trading at a discount due to the silicon deficit. Analysts note that capacity-constrained solar gear makers can sell anything they can produce. Fortunately, the silicon industry is moving quickly to increase production. With the anticipated easing of the silicon shortage in 2008, SolarWorld expects its Shell buy to help bring the company from 50 percent capacity utilization today to 100 percent by 2007/2008. Kitz sees 20 percent upside in SolarWorld's stock price based on a blended analysis of discounted cash flow and economic value added (EVA), a measure of shareholder wealth over time based on a firm's profitability relative to its cost of capital.
Catherine Lacoursiere is a financial journalist who has covered corporate and personal finance and the energy and environment markets from New York and Silicon Valley for Investor's Business Daily, and publications of the Economist Group and McGraw-Hill Companies. She is a regular contributor to Energy Risk magazine and has made freelance contributions to MSNBC.com, AOL's mutual fund site, and numerous energy and alternative energy publications and reports. Catherine writes columns and blogs on nanotechnology and clean energy investing for InvestorIdeas.com, the Cleantech Venture Network, and RenewableEnergyStocks.com.
Wasseraktien sind auch sehr interessant! Da ich aber noch keine Zeit hatte für Einzelanalysen, hab ich mich erstmal mit einem Fonds zufrieden gegeben:
JB Multipartner-SAM Sust.Water WKN 763763, die sind auch bei Energetech beteiligt.
Millenium Solar könnte nach Boden ausschauen.
Kenne und beobachte die Sulfurcell GmbH auch schon länger und hoffe, die wandeln die GmbH irgendwann mal in eine AG um, wenn Sie Erfolg haben ;).
Neben der bereits von mir erwähnten Nanosolar (bei der ich einen Börsengang für sehr wahrscheinlich halte) gibts noch 2 weitere interessante Kandidaten mit ausgezeichneten Technologien:
SFC Smart Fuel Cell AG
SFC Smart Fuel Cell AG zählt zu Deutschlands erfolgreichsten Technologie-Unternehmen und hat eine weltweit anerkannte Führungsposition in der Brennstoffzellenindustrie. Als erstes Unter-nehmen vertreibt SFC erfolgreich Brennstoffzellen-Systeme als mobile, netzunabhängige Energie-quellen. Unsere Systeme werden zur Bordstromversorgung in Reisemobile und Segelboote einge-setzt, aber auch als Backup für die Energieversorgung von netzfernen Messstationen, Verkehrs-überwachungsanlagen und anderen Industrieanwendungen.
Brennstoffzellen-Experten sehen uns als Vorreiter in einem jungen Hightech-Markt für Energie-lösungen. Nutzer loben uns als kompetenten Partner für Strom abseits von Steckdosen. Und Marktbeobachter betrachten uns als dynamisches deutsches Unternehmen mit innovativer Tech-nologie und einem überzeugenden Konzept. In der Tat treffen alle diese Charakterisierungen auf SFC zu. Wir sehen uns als kundenorientiertes Unternehmen, das sich der Weiterentwicklung und Vermarktung von Brennstoffzellen verschrieben hat. Ziel ist es, die Brennstoffzelle in immer mehr Märkten zu etablieren: Ob Consumer Electronic, Freizeit oder Industrie - schon heute zeichnet sich eine Vielzahl von zukünftigen Anwendungen für Direkt Methanol Brennstoffzellen ab. Die Brennstoffzelle wird zu der Energieversorgung für das 21. Jahrhundert.
und die Energetech Australia Pty Ltd
Our business model is to be the designer, developer and manufacturer of Wave Energy Systems for a global market. Our initial competitive strength and sustainable competitive advantage is in developing and refining wave energy technology. We will enter into strategic alliances and joint ventures both where Energetech participates directly in the ownership of wave power plants, as well as where we license the technology to other owners and operators.
Based on conservative assumptions, we forecast that, in 10 years, wave energy will attain a 10% share of the combined market for wind, solar and wave energy. On good wave sites, with second generation designs, the cost of electricity from wave energy produced with our technology should be below 4 cents US per kilowatt hour.
Energetech will earn income from the royalties from licensing arrangements with power developers and manufacturers of the system and its components, and from returns on power projects where it is a direct investor.
Die ersten Finanzierungsrunden von Private Equity Investoren sind schon gelaufen.
fand die Infos auch interessant von SK und hab mir die Zeit genommen sie zu lesen. nur leider hilft seine Sichtweise uns absolut nicht weiter. wie Eldo schon gesagt hat, er ist komplett in eine Richtung verbohrt. warnende und gut recherchierte Meinungen finde ich immer nützlich!
@Eldo
hab mir kurz die Oxus angeschaut, ist wirklich interessant, bleibe aber erstmal am Seitenrand, nachdem Du den Kurs in London heute so hochgetrieben hast ;). Danke für den Tipp
Hab bereits so eine Aktie im Depot: Gabriel Resources. Die warten in Rümanien aufs ok um 10,6 Mio. Unzen Gold und 52,2 Mio. Unzen Silber abzubauen.
http://www.gabrielresources.com/s/Home.asp
P.S. den Solarkritiker sind wir bestimmt los, der nimmt uns bestimmt auch mit ein paar Zitaten in seine Bibel auf
Grüße
wahrscheinlich auch keine Glühbirnen! Die haben ja schließlich nur einen Wirkungsgrad von nicht mehr als 5%! Da würd ich auch mal auf den Putz hauen!
@freefly
Deine Einschätzung teile ich. Ich würde im Moment auch keine Solarworld und Co mit diesem Bewertungskennzahlen kaufen. Man muß auf jeden Fall mit engen Stopps arbeiten.
