Rohstoffthread / CCG-Hauptthread

[greenhorn]

Guten Morgen!

und das ist wahrscheinlich auch der Hautpgrund - hab gestern irgenwo kurz die Headline gelesen das einer der Bigs bis zu 2 Mrd. genau in diesem Ziebereich investieren will

Fischlaender schrieb am 22.02.2016, 21:38 Uhr[/url]"]Der imho einzige Grund, warum die steigt, ist der Nebensatz, dass die Gelder alleine für die Nevada/Utah Carlin Style Projekte Kinsley und Goldstrike verwendet werden und nicht für die Porphyr Projekte in der Türkei.

Fischlaender schrieb am 22.02.2016, 21:34 Uhr[/url]"]PLG auf dem Weg zum "W" (wäre bei ca. 0,5 CAD erreicht). Wieso die heute steigt ersschließt sich mir bei dem unverschämten Financing nicht. Legen ein 4.5mio zum absoluten Tief von 0,25 CAD auf, Frechheit! Wenigstens hatten sie den Anstand, nur einen halben Warrant anzuhängen.

http://www.stockwatch.com/Chart/Hist.aspx?symbol=plg&region=C

» zur Grafik

 

[greenhorn]

gestern und heute kaum Zeit, ab Morgen wieder richtig da.........

 

[Kaschper]

bleibt erst einmal nur WL gestern mit einem ordentlichem + das Firmenkonstrukt erschließt sich mir noch nicht so ganz ... Risiken möglicher Turnaround etc.

Kaschper schrieb am 19.02.2016, 22:01 Uhr[/url]"]hat jemand hier eine Einschätzung und sich mit Petroleo Brasiliero isin US71654V1017 befasst?

 

[dukezero]

GSV:




http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:2016-02-23:MKW_20020408:1245390

 

[dukezero]

dukezero schrieb am 23.02.2016, 14:10 Uhr[/url]"]GSV:




http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:2016-02-23:MKW_20020408:1245390

Gutes Orderbuch!! Hohe Umsätze plus 5%!

 

[dukezero]

SSP plus 11%.

 

[Fischlaender]

Zieht, nicht zu fassen...

greenhorn schrieb am 23.02.2016, 09:23 Uhr[/url]"] Guten Morgen!

und das ist wahrscheinlich auch der Hautpgrund - hab gestern irgenwo kurz die Headline gelesen das einer der Bigs bis zu 2 Mrd. genau in diesem Ziebereich investieren will

Fischlaender schrieb am 22.02.2016, 21:38 Uhr[/url]"]Der imho einzige Grund, warum die steigt, ist der Nebensatz, dass die Gelder alleine für die Nevada/Utah Carlin Style Projekte Kinsley und Goldstrike verwendet werden und nicht für die Porphyr Projekte in der Türkei.

Fischlaender schrieb am 22.02.2016, 21:34 Uhr[/url]"]PLG auf dem Weg zum "W" (wäre bei ca. 0,5 CAD erreicht). Wieso die heute steigt ersschließt sich mir bei dem unverschämten Financing nicht. Legen ein 4.5mio zum absoluten Tief von 0,25 CAD auf, Frechheit! Wenigstens hatten sie den Anstand, nur einen halben Warrant anzuhängen.

http://www.stockwatch.com/Chart/Hist.aspx?symbol=plg&region=C

» zur Grafik

 

[Fischlaender]

K AZX

Alter Basket Wert, buesch'n viel Material am Start (knapp unter 300k Stuecke), dadurch aber schoen liquide. Als Trade, wenn es laeuft, sind fix 25-50% drin.

Einer der Qualitaetstitel, die bei OBM, FF, ICG auf dem Zettel stehen duerften. Bei letzter (ICG) schauen sie mit Sicherheit gespannt, was AZX da an Bohrkernen knapp suedlich der ICG Triangle Zone rausholt.

 

[Rooky]

 

[Rooky]

A Ten Million Ounce Call Option on Gold

http://ceo.ca/2016/02/23/a-ten-million-ounce-call-option-on-gold/

dukezero schrieb am 23.02.2016, 16:16 Uhr[/url]"]SSP plus 11%.

 

[Kostolanys Erbe]

Story ist intakt!

Bevor die im 2. Quartal weiter bohren ist mit einem PP zu rechnen.
Lt. letzter Präsentation s.u. Seite 20 sind so 4,5 Mio. geplant.
Bei dem Management, verbesserten Umfeld für Juniors und high grade samples sicherlich möglich...

Präsentation:
http://algold.com/wp-content/uploads/2015/11/Presentation-Algold-Zurich-November-2015.pdf



Algold Resources samples up to 26.1 g/t Au at Legouessi



2016-02-23 11:23 ET - News Release



Mr. Francois Auclair reports

ALGOLD CONFIRMS HIGH GRADE GOLD VALUES ON LEGOUESSI LC PROSPECT IN MAURITANIA AND PROVIDES AN EXPLORATION UPDATE

Algold Resources Ltd. has provided early results from its 2015 fourth quarter and continuing 2016 exploration programs on both the Kneivissat and Legouessi projects.

In the fourth quarter of 2015, Algold completed a 72-line-kilometre IP (induced polarization) geophysical survey, as well as a 75-line-kilometre ground magnetic survey over its Legouessi and Kneivissat properties. Subsequently, the company performed a geological mapping and sampling program, which was completed in January, 2016. Early results continue to exceed expectations and corroborate previous positive results, confirming the potential of a high-grade gold system in the northwest corner of the LC prospect.

Analysis confirmed the presence of sulphide-bearing quartz, as well as concentrated mineralization, in the southwestern part of the LC prospect, where rock chip samples of 3.14 grams per tonne gold were recovered from a trench on a northwest-trending quartz vein. In addition to the 57.2-gram-per-tonne-gold rock-chip sample result disclosed previously (see Algold's press release dated Nov. 25, 2015), new rock-chip assays results include 26.1 grams per tonne gold and 25.8 grams per tonne gold recovered within the same zone in an area 120 metres to the northeast of the LC prospect. An additional 12.15-gram-per-tonne-gold rock-chip sample was uncovered 30 metres on strike.

These high-grade gold values are located at the apex of a large sigmoid at the southwest corner of the large chargeability anomaly mapped by induced polarization.

Gold values of 99 parts per billion and 103 parts per billion were detected on trend at 1.2 kilometres and 1.6 kilometres, respectively, to the southeast. This confirms the presence of a potential quartz stockwork mineralized system southwest of the LC prospect with a potential minimum thickness of 100 metres and an extension greater than one kilometre. Similar mineralized systems exist within the NL and SL properties to the northwest and to the southeast, where reverse circulation and diamond drilling (Caracal DDH-SL03) returned several high-grade intersections, including 1.7 grams per tonne gold over five metres.

The company's coming exploration program is set to include more geological mapping, sampling and trenching, as well as reverse circulation drilling, to explore the major chargeability anomalies, which may be associated with tectonized sulphide concentrations. Further, quartz-vein gold mineralization will also be reviewed as the quartz veins have shown continuity over significant areas.

Algold has begun compiling all data on the Gryphon Mauritanian Tijirit exploration licences and is working with SGS Geostat of Blainville, Que., to start modelling the gold mineralization observed on the four primary gold prospects. Algold believes that a 10,000-metre reverse circulation drilling program will ensure a resource calculation on these high-impact targets. Algold is expecting to initiate drilling early in the second quarter of 2016, as soon as the option agreement has been exercised.

Quality assurance /quality control

Analytical work for soil geochemical samples and rock-chip samples is carried out at the independent ALS (Abilab) Laboratories Ltd. in Bamako, Mali. Samples are stored at Algold's field camp and put into sealed bags until delivered by a geologist to the ALS preparation laboratory in Nouakchott, Mauritania. Reverse circulation samples were combined to create two-metre composite samples. Quality assurance /quality control procedures are followed, and 2 per cent gold standard, 2 per cent blank and 2 per cent duplicates are added to the sample batches. Soil samples are sieved and prepared for shipping to Bamako. In Bamako, samples are crushed and pulverized to 200 mesh (80 microns) and a 30-gram split is analyzed by fire assay with an AA finish. ICP analysis are conducted at the ALS Chemex Vancouver laboratory.

Blanks and duplicates are used to monitor laboratory performance during the analysis. Analytical work for the drilling program conducted by Caracal was carried out at the ALS Irish laboratory under the supervision of a senior geologist.

This press release has been reviewed for accuracy and compliance under National Instrument 43-101 by Andre Ciesielski, DSc, PGeo, Algold Resources' lead consulting geologist and a qualified person.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2348170&symbol=ALG&region=C

Kostolanys Erbe schrieb am 22.02.2016, 22:14 Uhr[/url]"]Algold, Gryphon extension to property agreement



2016-02-22 16:12 ET - Property Agreement



The TSX Venture Exchange has accepted for filing the documentation relating to an arm's-length option extension agreement with Gryphon Minerals Ltd. dated Feb. 11, 2016, giving the company an extension of the option granted to the company in October, 2015, to acquire three Mauritanian exploration licences and Gryphon's 60-per-cent interest in Shield Saboussiri Mining Mauritania SA. The company may now exercise the option at any time on or before March 23, 2016. As consideration for this extension, the company has issued 300,000 common shares to Gryphon.

The company disclosed the above-mentioned extension in a news release dated Feb. 12, 2016.


http://www.stockwatch.com/News/Item.aspx?bid=Z-C:ALG-2347912&symbol=ALG&region=C

Kostolanys Erbe schrieb am 12.02.2016, 19:50 Uhr[/url]"]

Algold receives extension of option on Gryphon licences



2016-02-12 08:37 ET - News Release


Mr. Francois Auclair reports

ALGOLD ANNOUNCES EXTENSION OF OPTION ON GRYPHON MINERALS' MAURITANIAN EXPLORATION LICENCES


Graphen Minerals Ltd. has agreed to an extension of the option granted to Algold Resources Ltd. in October, 2015. Under the option, Algold's wholly owned subsidiary, Kanosak Barbados Inc., may acquire Gryphon's Mauritanian Tijirit and Akjoujt exploration licences (permit No. EL447, No. EL1117 and No. EL448), which are approximately 2,200 square kilometres in size, as well as Gryphon's 60-per-cent interest in Shield Saboussiri Mining Mauritania SA, an entity that owns a joint venture with respect to the Saboussiri project (permit No. EL236, No. EL879 and No. EL1074). Algold may now exercise the option at any time on or before March 23, 2016.

As consideration for this extension, Algold has issued 300,000 common shares to Gryphon.

We seek Safe Harbor.


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2346010&symbol=ALG&region=C

Kostolanys Erbe schrieb am 09.12.2015, 03:04 Uhr[/url]"]

Algold, Gryphon property agreement



2015-12-08 16:43 ET - Property Agreement


The TSX Venture Exchange has accepted for filing the documentation relating to an arm's-length option agreement with Gryphon Minerals Ltd. dated Oct. 28, 2015, giving the Company a 90-day option to purchase three Mauritanian mining licences and Gryphon's 60-per-cent interest in Shield Saboussiri Mining Mauritania SA, in consideration of 1,666,666 shares for the grant of the option, 8.7 million shares upon exercise of the option, a payment of $1.5-million (payable at the option of the company either in cash or through the issuance of up to 12.5 million shares) upon the achievement of milestones and an additional cash payment of $1.5-million upon the achievement of additional milestones.

The company disclosed the terms of the transaction in a news release dated Oct. 28, 2015.



http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2333048&symbol=ALG&region=C

Kostolanys Erbe schrieb am 27.11.2015, 02:16 Uhr[/url]"]Algold Resources completes surveys in Mauritania



2015-11-25 10:23 ET - News Release



Mr. Francois Auclair reports

ALGOLD PROVIDES AN UPDATE ON MAURITANIA EXPLORATION

Algold Resources Ltd. has provided an update on its third quarter/fourth quarter 2015 exploration program currently under way on both the Kneivissat and Legouessi properties in Mauritania. Algold has just completed its 72-line-kilometre IP geophysical survey as well as a 75-line-kilometre ground magnetic survey over parts of its Legouessi and Kneivissat properties. Concurrently with the geophysical survey, a geological mapping and rock chip sampling program was undertaken with a total of 50 samples collected and sent for analysis at ALS Laboratories (assays pending). A full report from Algold's geophysical consultant is expected prior to year-end.

The recent mag survey covered part of the LC prospect, a newly identified mineralized area situated to the northeast of the SL prospect on the Legouessi property. This area was not included in the course of previous geophysical surveys carried out by Caracal between 2007 and 2011. In addition, this latest IP survey covered both Legouessi LC and SL prospects as well as the KC-LSO prospect. The LC prospect extrapolation map of the 150-metre vertical depth contour shows two major IP chargeability anomalies. The most important anomaly is situated in the northeast sector of the area surveyed, indicating a chargeable unit that is parallel to the main east-west lithotectonic orientation. A number of rock outcrops were mapped in the same area displaying copper sulphide mineralization. On one of the rock outcrops, the presence of copper, gold and silver mineralization was noted.

The second anomaly trending northwest-southeast is situated in the northwestern portion of the surveyed land. This chargeability anomaly is parallel to the main lithotectonic orientation and is coincident to high resistivity. This same area yielded a number of gold-bearing rock samples during Algold's previous mapping program (reference: Algold's press release dated March 3, 2015).

"The presence of lapillis tuffs with copper-gold-bearing mineralization associated with a large chargeable unit is an indicator of the potentiality of a gold-rich VMS type structure in the LC prospect area," said Francois Auclair, chief executive officer, Algold. "Owing to consistent positive information and results from exploration, we remain very optimistic about the future potential of our permitted properties in Mauritania."

Algold anticipates the commencement of an RC drilling program on the very promising KC-LSO, LC and SL prospects immediately following reception of both the geophysical report and assays results in early first quarter 2016.

Adjustment to Algold's participation in Legouessi exploration licence joint venture company

In accordance with an earn-in agreement entered into on Oct. 20, 2015, the corporation acquired a 51-per-cent interest in Norex, a newly incorporated joint venture company, 49 per cent owned by Caracal, to own, explore, develop and operate the Legouessi exploration licence. Subsequent to the incorporation of Norex, the corporation entered into an agreement whereby Wafa waived the $200,000 (U.S.) payment required in accordance with the January, 2013, agreement in exchange for a fixed 5.1-per-cent participation in Norex, thus bringing Algold's participation to 45.9 per cent.

Shares issued for settlement of debt

Algold also announces that it has completed a transaction under which $15,000 in debt owed by Algold to an arm's-length third party in connection with professional services rendered to the corporation has been converted into a total of 100,000 common shares at a price of 15 cents each.

Quality assurance/quality control (QA/QC)

Analytical work for soil geochemical samples and rock chip samples is carried out at the independent ALS Abilab Laboratories Ltd. in Bamako, Mali. Samples are stored at Algold's field camp and put into sealed bags until delivered by a geologist to the ALS preparation laboratory in Nouakchott, Mauritania. RC samples were combined to create two-metre composite samples. QA/QC procedures are followed and 2 per cent gold standard, 2 per cent blank and 2 per cent duplicates are added to the samples batch. Soil samples are sieved and prepared for shipping to Bamako. In Bamako, samples are crushed and pulverized to 200 mesh (80 micron) and a 30-gram split is analyzed by fire assay with an AA finish. ICP analysis are conducted at the ALS Chemex Vancouver laboratory.

Blanks and duplicates are used to monitor laboratory performance during the analysis. Analytical work for the drilling program conducted by Caracal was carried out at the ALS Irish laboratory under the supervision of a senior geologist.

This press release has been reviewed for accuracy and compliance under National Instrument 43-101 by Andre Ciesielski, DSc, PGeo, Algold Resources Ltd., lead consulting geologist and qualified person.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2328629&symbol=ALG&region=C



Algold Resources 100,000 shares for services



2015-11-25 20:13 ET - Shares for Debt



The TSX Venture Exchange has accepted for filing the company's proposal to issue 100,000 common shares at a deemed price of 15 cents per share, in consideration of certain services provided to the company.


Number of creditors: one creditor


For more information, please refer to the company's news release dated Nov. 25, 2015.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2328926&symbol=ALG&region=C

Kostolanys Erbe schrieb am 28.10.2015, 21:30 Uhr[/url]"]Algold to acquire two Au licences in Mauritania

2015-10-28 10:18 ET - News Release



Mr. Francois Auclair reports

ALGOLD ANNOUNCES STRATEGIC ACQUISITION OF GRYPHON MINERALS' MAURITANIAN EXPLORATION LICENCES

Algold Resources Ltd.'s wholly owned subsidiary, Kanosak Barbados Inc., has entered into an arm's-length option agreement under which it has been granted a 90-day option to acquire from Gryphon Minerals Ltd. the Mauritanian Tijirit and Akjoujt exploration licences (permit numbers EL447, EL1117 and EL448), which are approximately 2,200 square kilometres in size.

Most importantly, this transaction will strengthen Algold's land position to 3,000 square kilometres in the Aoueouat Archean greenstone belt (Reguibat Shield) through the acquisition of the Tijirit property. This belt hosts the world-class Tasiast gold deposit with has proven and probable reserves of 9,644,000 ounces gold (175,533 tonnes at 1.71 grams per tonne Au) (Tasiast technical report dated March 31, 2014, see Kinross's website). Algold's qualified person is unable to verify this information with respect to Tasiast, which is not necessarily indicative of the mineralization on Tijirit. The option agreement also allow Algold to acquire the Akjoujt project, which is situated 30 kilometres east of First Quantum's Guelb Moghrein copper/gold mine (23.7 million tonnes grading 1.88 per cent copper and 1.41 g/t Au).

The Tijirit property comprises exploration licences No. 447 and No. 1117, with areas of 1,000 square kilometres and 460 square km, respectively. Tijirit is situated approximately 30 km southeast of the Tasiast gold deposit. Tijirit is considered a brownfield site owing to the more than 35,000 metres of reverse circulation and 3,500 m of diamond drilling that have been carried out on the property. Past exploration indicates a number of highly promising drill results on four gold prospects: Sophie I to II, Sophie III, Lily and Eleanor. Historical drill intersection highlights include SRC47: 16 m at 2.47 g/t Au, SRC24: 14 m at 4.01 g/t Au at Sophie I, LRC17: 16 m at 2.8 g/t Au at Lily and ERC4: six m at 17.63 g/t Au at Eleanor.

Akjoujt comprises exploration licence No. 448 and covers an area of 749 square km. Historical exploration performed on this property by Gryphon included more than 14,000 soil samples, 75 trenches and 18 RC by BRGM, and 15 RC for 879 m. Historical trenching highlights include 28 m at 3.51 g/t Au.

The agreement also grants an option to acquire Gryphon's 60-per-cent interest in Shield Saboussiri Mining Mauritania SA, an entity that owns a joint venture with respect to the Saboussiri project (permits No. EL236, No. EL879 and No. EL1074). Under the agreement, Algold may exercise its option on the Tijirit and Akjoujt exploration licences without also acquiring Gryphon's interest in Shield. If Algold exercises its option only in part, the consideration described below will remain unchanged.

Exploration completed on Saboussiri, comprising exploration licences No. 236 (33 square km), No. 879 (187 square km) and No. 1074 (971 square km), includes about 12,226 soil samples, five trenches, and four RC (707 m) and 11 diamond drill (1,411 m) holes. Historical drilling highlights include 22.3 m at 2.1 per cent copper, 12.7 m at 2.94 per cent Cu, 35 m at 1.44 per cent Cu and 33 m at 1.43 per cent Cu. (Assay results reference: Gryphon's press releases dated Aug. 5, 2013, and Dec. 12, 2014, and annual report dated Oct. 18, 2011.)

For the fiscal year ended June 30, 2015, Shield had net assets of $180,000, an intercompany loan of $4.6-million (that loan being its only material liability), shareholder equity of negative $4.4-million, no revenues and a net loss of $60,000 (all amounts are approximate and were converted from Mauritanian ouguiya as of Oct. 27, 2015).

"The exploration licences are an excellent addition to our highly prospective Legouessi and Kneivissat properties in Mauritania. Our already significant land portfolio within the mineral-rich Archean greenstone belt triples to more than 4,000 square km," stated Algold's president and chief executive officer, Francois Auclair. "Moreover, previous exploration conducted on the new properties serves to accelerate Algold's development in just a few short months. In a very challenging market, we are pleased with the opportunity to accelerate value creation for our shareholders."

The consideration payable by Algold under the agreement consists of the following:

1,666,666 Algold common shares in consideration of the option to be issued upon receipt of approval of the terms of the agreement from the TSX Venture Exchange;
8.7 million common shares upon the exercise of the option;
A payment of $1.5-million, payable at the option of Algold either in cash or through the issuance of up to 12.5 million common shares upon the earlier of:The date that is 90 days after Algold announces that there is a National Instrument 43-101-compliant mineral resource (of any one or more categories of measured, indicated or inferred) of 500,000 ounces on a gold-equivalent-ounce basis at any of the properties or combination thereof;
The later of the date which falls 15 months from the date of the agreement (but only if Algold has exercised the option) and the date on which the Mauritanian authorities communicate the renewal of the licences with respect to the properties;

An additional cash payment of $1.5-million, payable within 90 days of achieving an NI 43-101-compliant mineral resource (of any one or more categories of measured, indicated or inferred) of one million ounces on a gold-equivalent-ounce basis at any of the properties or combination thereof.


The issue price of any milestone shares issued under the agreement will be the greater of the 20-day volume-weighted average price of the common shares on the TSX Venture Exchange up to the last business day before Algold's election to issue those milestone shares; and 12 cents. Algold has agreed not to issue to Gryphon a number of milestone sha
res that would cause Gryphon to become a new control person (as defined in the TSX-V's policies). If, as a result, Algold is unable to make the payment described above at item solely through the issuance of milestone shares, it must pay the shortfall in cash.

The Saboussiri property is subject to a right of first refusal in favour of a third party. If that right is exercised, Gryphon shall pay Algold an amount equal to that which Gryphon receives from the third party pursuant to the exercise of the pre-emptive right.

The granting of the option and the completion of this acquisition are conditional upon receiving TSX-V approval. All common shares issued under the agreement will be subject to a four-month hold period.

Quality assurance/quality control

This press release has been reviewed for accuracy and compliance under National Instrument 43-101 by Andre Ciesielski, PGeo, DSc, Algold Resources' lead consulting geologist and qualified person.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2319860&symbol=ALG&region=C

Kostolanys Erbe schrieb am 26.10.2015, 20:49 Uhr[/url]"]Nachtrag:

Algold Resources appoints Milmeister to board

2015-10-22 12:22 ET - News Release

Mr. François Auclair reports

DARIN MILMEISTER APPOINTED TO ALGOLD BOARD OF DIRECTORS

Algold Resources Ltd. has appointed Darin Milmeister to its board of directors. Mr. Milmeister fills the board vacancy as a result of John Sabine retiring from the board. While Mr. Sabine is no longer a board member, he has been appointed to a newly created advisory board of the corporation along with Thierry Vergnol, who is a director of the corporation's Mauritanian subsidiary.

Mr. Milmeister is the founder and managing partner of Extract Capital, a resource investment fund based in New York. Algold chairman Benoit La Salle commented: "We are pleased to welcome Darin to Algold's board and look forward to his contributions. He is an accomplished portfolio manager and research analyst who brings to the board years of capital markets and investment experience in the mining industry.

"On behalf of Algold's board of directors and the entire management team, I would also like to recognize John Sabine's many contributions to the corporation's development during his long tenure of service on the board," said Mr. La Salle. "We are deeply indebted to John for his leadership and dedication to Algold, and are grateful that he will continue to contribute to the development of the corporation in his new capacity as member of Algold's advisory board."


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2318739&symbol=ALG&region=C

http://www.extractcapital.com/

Kostolanys Erbe schrieb am 17.09.2015, 20:51 Uhr[/url]"]
Algold begins exploration at Kneivissat, Legouessi

2015-09-17 13:17 ET - News Release

Mr. Francois Auclair reports

ALGOLD RESOURCES LTD, COMPLETES REQUIREMENTS OF THE CARACAL EARN-IN AGREEMENT & PROVIDES UPDATE ON Q3 2015 EXPLORATION PROGRAM IN MAURITANIA

Algold Resources Ltd. has made progress on its third quarter 2015 exploration program in Mauritania, including work being carried out on both the Kneivissat and Legouessi properties.

During first quarter 2015, Algold completed its phase I exploration program on the Legouessi property, in accordance with the terms of the Caracal gold earn-in agreement, and, as a result, has earned its 51-per-cent participating interest in the Legouessi property. The interest in Legouessi will be held by a newly incorporated joint venture company, in which Algold will initially hold 51 per cent, with the balance held by Caracal. Under the terms of the agreement, Algold can increase its participation in the joint venture to 75 per cent and then 90 per cent, upon the completion of the phase II exploration program (for details, see press release dated Oct. 10, 2013).

In third quarter 2015, Algold initiated an extended field exploration program on both the Kneivissat and Legouessi properties, consisting of: a detailed IP (induced polarization) geophysical survey, detailed geological mapping, and limited trenching and sampling. In total, a 100-kilometre line survey will be carried out over the four main prospects: KC-LSO, NL, LC and SL (map details at Algold website). The principal objective of this exploration work is to delineate, with better accuracy, the chargeable units observed in the course of the 2014 IP survey and overlay them with the drilling results completed in second quarter 2014.

The results of the IP and mapping surveys will allow Algold to better estimate the size and orientation of the chargeable units, and target more efficiently the reverse circulation drilling program, anticipated to start in early Q1 2016.

Quality assurance/quality control (QA/QC)

Analytical work for soil geochemical samples and rock chip samples is carried out at the independent ALS Abilab Laboratories Ltd. in Bamako, Mali. Samples are stored at Algold's field camp and put into sealed bags until delivered by a geologist to the ALS preparation laboratory in Nouakchott, Mauritania. RC samples were combined to create two-metre composite samples. QA/QC procedures are followed, and 2 per cent gold standards, 2 per cent blanks and 2 per cent duplicates are added to the sample batch. Soil samples are sieved and prepared for shipping to Bamako. In Bamako, samples are crushed and pulverized to 200 mesh (80 microns), and a 30-gram split is analyzed by fire assay with an AA (atomic absorption) finish. ICP (inductively coupled plasma) analysis is conducted at the ALS Chemex Vancouver laboratory.

Blanks and duplicates are used to monitor laboratory performance during the analysis. Analytical work for the drilling program conducted by Caracal was carried out at the ALS Ireland laboratory under the supervision of a senior geologist.

This press release has been reviewed for accuracy and compliance under National Instrument 43-101 by Andre Ciesielski, DSc, PGeo, Algold Resources Ltd. lead consulting geologist and qualified person.


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2311860&symbol=ALG&region=C

Kostolanys Erbe schrieb am 09.06.2015, 08:01 Uhr[/url]"]Algold Resources Ltd
Symbol C : ALG
Shares Issued 47,080,671
Close 2015-06-03 C$ 0.185
Recent Sedar Documents
View Original Document
Algold closes two private placements for $2.51-million

2015-06-04 11:27 ET - News Release

Mr. Benoit LaSalle reports

ALGOLD ANNOUNCES CLOSING OF A $2.5 MILLION PRIVATE PLACEMENT

Algold Resources Ltd. has closed its previously announced brokered private placement financing, conducted through a syndicate of agents led by Beacon Securities Ltd. and including Paradigm Capital Inc., of 7,319,772 units at a price of 22 cents per unit for gross proceeds to the corporation of $1,610,349.84. Concurrent with the brokered private placement, the corporation closed a non-brokered private placement of 4,102,152 units at a price of 22 cents per unit for additional gross proceeds to the corporation of approximately $902,473, and together with the brokered private placement, total gross proceeds to the corporation of approximately $2,512,823. Each unit consists of one common share of Algold and one share purchase warrant entitling the holder to subscribe for one share at a price of 30 cents for a period of 18 months from the closing date of the offering.

The corporation paid to the agents a cash commission of 7 per cent of the gross proceeds raised in connection with the brokered portion of the offering, and issued to the agents a number of compensation options equal to 7 per cent of the units issued in connection with the brokered portion of the offering, with each option entitling the agents to subscribe for one unit at a price of 22 cents for a period of 12 months from the closing date of the offering.

These securities were issued under applicable prospectus exemptions, and will be subject to a statutory hold period of four months and one day from closing of the placement.

Algold's chief executive officer, Francois Auclair, commented, "The announced financing will enable Algold to build on its existing exploration results, and to meet additional corporate objectives through the ongoing systematic exploration of our properties in Mauritania." Algold's chairman of the board, Benoit LaSalle, added, "Our ability to complete this financing under the current market conditions for gold exploration companies reflects a strong and ongoing commitment from both current and new investors to Algold's corporate objectives and its management team."

© 2015 Canjex Publishing Ltd. All rights reserved.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2285794&symbol=ALG&region=C

Kostolanys Erbe schrieb am 22.05.2015, 00:55 Uhr[/url]"]Neuvorstellung & auf meiner Watchlist gelandet:


Algold Resources:


Algold Resources Ltd. – (TMX : ALG) is a mineral exploration company engaged in the acquisition, exploration and development of African mineral properties. ALG is a publicly traded company listed TSX Venture Exchange. The company has recently acquired:

Two valuable properties in close proximity of the Tasiast mine in Mauritania,

Two strategic properties in Burkina Faso,

http://algold.com/

Bekommen in dieser Marktphase schnell mal $$$

Algold Announces Up to $3 Million Overnight Marketed Private Placement Financing

MONTREAL, May 13, 2015 /CNW/ - Algold Resources Limited (ALG: TSXV – the "Corporation" or "Algold") www.algold.com is pleased to announce that it has appointed a syndicate of agents (the "Agents") led by Beacon Securities Limited and including Paradigm Capital Inc. as its agents to sell, by private placement on an overnight marketed basis, units (the "Units") of Algold at a price (the "Issue Price") to be determined in the context of the market for gross proceeds of up to approximately CDN$3,000,000 (the "Offering"). Each Unit will be comprised of one common share (a "Common Share") in the capital of the Corporation and one common share purchase warrant, each entitling the holder thereof to acquire a Common Share at a price to be determined in the context of the market for a period of 18 months from the closing of the Offering.

The net proceeds from the Offering are intended to be used to advance the Kneivissat and Legouessi properties for working capital and general corporate purposes.

The Company has agreed to pay the Agents a cash fee equal to 7.0% of the gross proceeds from the Offering. As additional compensation, the Agents will be issued compensation options entitling the Agents to purchase that number of Common Shares equal to 7.0% of the number of Units sold under the Offering exercisable at Issue Price for a period of 12 months from the closing date of the offering.

The closing of this equity offering is expected to occur on or the week of May 25, 2015 and is subject to receipt of all necessary regulatory approvals. The Units, including all underlying securities thereof, and the compensation options issued with respect to the Offering will be subject to a four month hold period in accordance with applicable Canadian securities laws.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

ABOUT ALGOLD

Algold Resources Ltd is focused on the exploration and development of gold deposits in West Africa. The board of directors and management team are seasoned resource industry professionals with extensive experience in the exploration and development of world-class gold projects in Africa.

Algold is the operator on both the Kneivissat and Legouessi Properties. The Kneivissat property is 90% owned by Algold and the Legouessi property is being managed through a 51% earn-in interest agreement with Caracal (Electrum Group Companies). Algold can earn up to a 90% interest in the Legouessi exploration permit (see October 10, 2013 press release for more details), however, Caracal has the right to participate in the joint venture at either 51% or 75%, by funding its share of expenditures.

http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=75471293&topic=ALG:CA&symbology=tmx&cp=null&webmasterId=101341

Aktuelle Präsentation:


http://algold.com/wp-content/uploads/2015/05/Presentation-Algold.pdf


Hauptgrund für die Watchlist ist der Typ

Mr. La Salle is the President and CEO of Windiga Energy, a company involved in renewable resource development in Africa. He is also founder of SEMAFO (a TSX-listed company), and a well-known mining entrepreneur in Canada and Africa. Mr. La Salle grew SEMAFO from junior explorer to a +250,000 ounces per year gold producer in West Africa (3 mines). Mr. La Salle is the Chairman of Sama Resources exploring for Nickel in Cote d’Ivoire, and Chairman of Canadian Council on Africa. M La Salla was co-founder in 1980 and a partner until 2004 of Grou, La Salle & Associates CA (“GLA”), based in Montreal (Quebec), an accounting firm offering audit and accounting services, with a strong emphasis on financial and corporate reorganization and the implementation of international corporate structures. The firm grew from two original partners to a staff of over 50.

» zur Grafik

» zur Grafik

 

[Kostolanys Erbe]

Bei PBR tue ich mich aktuell schwer längerfristig einzusteigen... Schmiergeldaffären etc.

Als kurzfristiger Trade bei dem Ölpreisschwankungen sicherlich interessant.

PBR Cart:

Schau doch mal ein Land weiter ... nach Argentinien...schau Dir doch mal PZE an...

Kaschper schrieb am 23.02.2016, 10:58 Uhr[/url]"]bleibt erst einmal nur WL gestern mit einem ordentlichem + das Firmenkonstrukt erschließt sich mir noch nicht so ganz ... Risiken möglicher Turnaround etc.

Kaschper schrieb am 19.02.2016, 22:01 Uhr[/url]"]hat jemand hier eine Einschätzung und sich mit Petroleo Brasiliero isin US71654V1017 befasst?

 

[Kostolanys Erbe]

Inca One receives first VAT refund from Peru



2016-02-23 08:59 ET - News Release



Mr. Edward Kelly reports

INCA ONE GOLD CORP. RECEIVES FIRST IGV/VAT TAX REFUND IN PERU

SUNAT, the Peruvian tax and customs authority, has issued to Inca One Gold Corp.'s wholly owned subsidiary, Chala One SAC, its first IGV/VAT (Impuesto General a las Ventas/value-added tax) refund cheque in the amount of 1.1 million Peruvian nuevo sol (the equivalent of approximately $310,000 (U.S.) at current exchange rates), representing a three-month filing period from 2015. The company views this first refund payment as another validation of the company's administrative and compliance processes, and a major indication the formalization process in Peru is progressing successfully. All other IGV refunds are in the process of review and completion.

Chala One was also notified by SUNAT that the company had been moved up from the small company tax group into the large company tax group, consistent with the scale of its operations. This move should streamline the monthly IGV filing and refund process, ideally enacting faster and more reliable refunds.

A SUNAT IGV audit process was required to attain the refund relating to mineral purchases (and the respective exported gold sales) where 18-per-cent IGV was charged by the company's suppliers. As of February, 2016, SUNAT was withholding the equivalent of $2.2-million (U.S.) in IGV owed to Chala One. The company expects to receive the remaining refunds within the first half of this year. The above-noted and subsequent refunds will provide additional working capital for continued mineral purchases.

"We are thrilled that almost a year to the day after commencing commercial production we have received our first IGV tax refund, following a thorough and careful audit of our purchasing process by SUNAT. We can testify that the government of Peru is serious about its formalization process," commented president and chief executive officer Edward Kelly. "We congratulate our administrative staff for this achievement, notwithstanding the significant impact this has had on our business and the amount of capital tied up in this process. We further would like to thank our shareholders and lenders for their understanding and belief in our in-country Peruvian team to make this refund possible."

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aIO-2348116&symbol=IO&region=C

 

[Kostolanys Erbe]

Lucara Diamond earns $77.8-million (U.S.) in 2015



2016-02-23 17:36 ET - News Release



Mr. William Lamb reports

LUCARA REPORTS STRONG OPERATIONAL RESULTS IN A YEAR OF HISTORIC DIAMOND RECOVERIES

Lucara Diamond Corp. had full-year revenues of $224-million for the year and cash of $134.5-million. All figures are in U.S. dollars except for the dividend.

HIGHLIGHTS:

The recovery of the Lesedi La Rona in November 2015, the first diamond over 1,000 carats to be recovered in more than 100 years and the largest ever from a Botswana operation.
The Company is very pleased to be provided with the opportunity to soon showcase the historic Lesedi La Rona to the President of Botswana and his cabinet.


Financial:

EBITDA for the period year was $134 million (2014: $173.4 million), with an EBITDA margin of 60%. Return on equity was 30%.
Net cash position $134.5 million (2014: $100.8 million).
Year to date costs at $29 per tonne ore processed were well controlled and were below forecast.
Plant optimization, bulk sample plant project and sustaining capital costs were all within forecast.
Full year earnings per share were $0.21 per share (2014: $0.13 per share).
2015 year end diamond inventory includes over 60,000 carats. The Company's first exceptional stone tender is closing on April 13, 2016, which excludes the three large stones recovered and announced in November 2015.


Operational: Karowe Mine

Recovery of the Lesedi La Rona (1,109 carats) and the 813 carat stone. The largest and second largest gem quality diamonds ever to be recovered in Botswana.
The recovery of these stones demonstrates the capabilities of a newly implemented large diamond XRT recovery circuit, a key deliverable of the plant optimization project.
Mining of ore was in line with forecast and waste stripping to open the pit at depth was ahead of schedule.
Exceptional recovery of large stones with a total of 47 stones greater than 100 carats (2014: 31 stones) including 20 stones greater than 200 carats (2014: 4 stones) of which seven stones were greater than 300 carats.


Exploration:

Sampling progressed well with kimberlite processed from BK02. The BK02 diamond results will be released once processing of the sample is complete, which is expected to be during the first half of 2016.
Bulk sampling activities at AK12 will commence in the first quarter of 2016 and will be followed by trenching at AK11 during Q2 2016.


William Lamb, President and Chief Executive Officer, commented, "2015 was a year of strong operational delivery with the timely completion of our plant optimization project and large diamond recovery, culminating in the recovery of the second and sixth largest gem quality diamonds ever to be unearthed. Our continued focus on cost control and our disciplined deployment of capital has resulted in the Company achieving a 30% return on equity and with our strong cash generation has enabled the introduction of a progressive dividend for our shareholders going forward.

"In 2016 we are focused on completing the installation of our Mega Diamond Recovery circuit as well as organic growth at Karowe through our deep drilling and exploration programs in Botswana.

"The diamond market experienced some weakening in 2015 and we retain a cautious outlook on diamond prices for 2016. We believe the long term fundamentals for the diamond market remain strong and with the outstanding quality of our Karowe production, which will be increasingly from the high value south lobe, Lucara is in an excellent position for continued financial growth and we remain committed to achieving strong returns for our shareholders."


.......................


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aLUC-2348300&symbol=LUC&region=C

 

[greenhorn]

Guten Morgen!
so was liest man doch gerne als UrAltaktionär.......

Rookie schrieb am 23.02.2016, 21:53 Uhr[/url]"]A Ten Million Ounce Call Option on Gold

http://ceo.ca/2016/02/23/a-ten-million-ounce-call-option-on-gold/

dukezero schrieb am 23.02.2016, 16:16 Uhr[/url]"]SSP plus 11%.

 

[greenhorn]

TKO - das wird was.........Kosten deutlich runter

Taseko loses $62.35-million in 2015

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:TKO-2348350&symbol=TKO&region=C

2016-02-23 19:38 ET - News Release

Mr. Russell Hallbauer reports

TASEKO REPORTS STRONG 2015 YEAR END RESULTS DESPITE CHALLENGING MARKET CONDITIONS

Taseko Mines Ltd. has released financial results for the year ended Dec. 31, 2015.

Russell Hallbauer, president and chief executive officer of Taseko, commented: "Financially and operationally, Taseko performed extremely well in 2015, despite a challenging business environment. The price of copper continued its decline in 2015 with prices averaging 20 per cent lower than in 2014. Even with significantly lower copper pricing, cash flows from operations increased to $52-million, and earnings from mining operations before depletion and amortization were $51-million. We ended the year with a strong cash position of $76-million, up $23-million from the end of 2014. Subsequent to year-end, we also completed a $70-million (U.S.) credit facility to further strengthen our balance sheet. The initial proceeds were used to repay a $31-million (U.S.) loan, which had a May, 2016, maturity, and the balance of the facility will be available to us moving forward.

"In the fourth quarter, we generated operating margin of $6-million; however, the decline in copper price in the fourth quarter resulted in negative provisional pricing adjustments of $4-million, which impacted the average realized price and earnings for the quarter. The strong operating margin was mainly attributable to further reductions in cost per ton milled," continued Mr. Hallbauer.

Annual highlights for 2015:

Earnings from mining operations before depletion and amortization were $50.8-million, a decrease from $52.3-million in 2014.
The company generated cash flows from operations of $51.7-million, up from $50.6-million in 2014.
The company's cash balance at the end of 2015 was $76.0-million, $22.7-million higher than at the end of 2014.
Site operating costs were $1.65 (U.S.) per pound produced, a 29-per-cent decrease from $2.32 (U.S.) per pound in 2014.
Total operating costs (C1) were $1.96 (U.S.) per pound produced, a 22-per-cent decrease from the $2.50 (U.S.) over the 2014 financial year due to reduced expenditures and increased copper production, despite a significant reduction in byproduct credits due to the idling of the molybdenum plant in July.
Site operating costs per ton milled were $9.83 (Canadian), a 14-per-cent decrease over the 2014 financial year due to reduced expenditures and higher mill throughput.
During the year, the company settled its copper put option contracts for proceeds of $21.4-million, resulting in a gain on derivatives of $13.3-million.
Copper production at Gibraltar was at a record level of 142 million pounds (100-per-cent basis), a 4-per-cent increase over 2014 due to improved head grade, mill throughput and recoveries.
The company has in place copper put options for a total of 15 million pounds over the first quarter of 2016 at a strike price of $2.05 (U.S.) per pound.
In the second quarter, an updated mine plan and reserve for Gibraltar were completed. The newly implemented mine plan has resulted in improved economics for the remaining 23-year reserve life.

Fourth quarter highlights:

Earnings from mining operations before depletion and amortization were $2.2-million, and were impacted by negative provisional price adjustments of $3.8-million.
Site operating costs, net of byproduct credits, were $1.52 (U.S.) per pound produced, and total operating costs (C1) were $1.85 (U.S.) per pound produced.
Site operating cost per ton milled was $9.41 (Canadian), which was lower than the 12-month average of $9.83 (Canadian).
Copper production at Gibraltar was 33.1 million pounds (100-per-cent basis).
The company entered into a five-year offtake agreement to sell 600,000 tonnes of Gibraltar copper concentrate (approximately 50 per cent of expected production) through to the end of 2020, with treatment and refining rates significantly better than current market rates.

"Our Gibraltar mine achieved record copper production of 142 million pounds from mill throughput of 31 million tons, which was also a record amount of ore processed. Copper grade and recoveries were also higher in 2015. Most importantly, Gibraltar's total cash costs (C1) declined from the first half of 2015 to the second half. A number of cost initiatives contributed to the lower costs, including a work force reduction, lower input costs, weaker Canadian dollar and ongoing performance improvements," continued Mr. Hallbauer. "We expect to continue to benefit from the lower costs going forward, and we also have a number of other initiatives under way to further reduce costs. While cost per pound is important, our focus continues to be on cost per ton milled, which at under $10 (Canadian) per ton makes Gibraltar one of the most cost-effective mines in the industry."

Mr. Hallbauer concluded: "Off-property costs have been another significant focus for the company in recent months. We have entered into a five-year treatment and refining offtake agreement, and we also capitalized on ocean freight rates being at 20-year lows with a new three-year contract of affreightment with one of the world's leading dry-bulk operators. Combined cost saving from both of these agreements are expected to be approximately $7-million (U.S.) annually. We now have a large percentage of our off-property costs locked in at very favourable terms. The quality of Gibraltar concentrate allowed us to negotiate favourable terms for both of these long-term contracts."

greenhorn schrieb am 09.02.2016, 15:03 Uhr[/url]"]TKO

Taseko expects to receive Gibraltar power cost deferral

2016-02-09 07:52 ET - News Release

Mr. Russell Hallbauer reports

TASEKO EXPECTS TO RECEIVE POWER COST DEFERRAL FOR GIBRALTAR MINE

Taseko Mines Ltd.'s Gibraltar mine expects to benefit from a five-year power rate deferral program announced by the British Columbia government.

"Electricity is one of Gibraltar's most significant expenses, accounting for nearly 10 per cent of the mine's total operating costs," said Russell Hallbauer, president and chief executive officer of Taseko. "This cost deferral program has the potential to reduce Gibraltar's annual spending by up to $20-million, or roughly 15 cents per pound of copper production, at the current copper price of approximately $2.10 (U.S.) per pound, effective this month."

Details of the program, which would be delivered through the province's Crown corporation BC Hydro, remain to be disclosed. Taseko will provide additional information with regard to its Gibraltar electricity costs after Taseko has signed a deferral agreement with BC Hydro.

© 2016 Canjex Publishing Ltd. All rights reserved.

 

[Kaschper]

Danke für die Antwort
wenn ich die beiden Aktien vergleiche ist das zwar wohl ein Apfel und eine Birne, so sehe ich auf den ersten Blick Mitte letzten Jahres bei den einen ein Kurs von über 10 und bei den anderen von gut 7,50 ... bleibt für mich die Frage wie hoch ist die Wahrscheinlichkeit das es PBR schafft und Kurse von 10 € wieder möglich sind auf Sicht von 2 Jahren Versuche mal ein paar mehr Informationen zu dieser Firma zu sammeln ...

Kostolanys Erbe schrieb am 23.02.2016, 22:20 Uhr[/url]"]Bei PBR tue ich mich aktuell schwer längerfristig einzusteigen... Schmiergeldaffären etc.
Als kurzfristiger Trade bei dem Ölpreisschwankungen sicherlich interessant.
PBR Cart:
» zur Grafik

Schau doch mal ein Land weiter ... nach Argentinien...schau Dir doch mal PZE an...

» zur Grafik

Kaschper schrieb am 23.02.2016, 10:58 Uhr[/url]"]bleibt erst einmal nur WL gestern mit einem ordentlichem + das Firmenkonstrukt erschließt sich mir noch nicht so ganz ... Risiken möglicher Turnaround etc.

Kaschper schrieb am 19.02.2016, 22:01 Uhr[/url]"]hat jemand hier eine Einschätzung und sich mit Petroleo Brasiliero isin US71654V1017 befasst?

 

[greenhorn]

P - Primero, gerstern nun den ersten nennenswerten Rebound; GAP bei 3,60/3,70 CAD lockt natürich alle GAPtologen

greenhorn schrieb am 18.02.2016, 14:42 Uhr[/url]"]P - Primero, bin gespannt ob es hier demnächst eine Erholung gibt

Primero Mining loses $106.91-million (U.S.) in 2015

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:P-2347102&symbol=P&region=C

2016-02-18 07:05 ET - News Release

Mr. Ernest Mast reports

PRIMERO REPORTS FOURTH QUARTER AND FULL-YEAR 2015 RESULTS; RECORD REVENUES DRIVE INCREASED CASH FLOWS

Primero Mining Corp. has released its financial results for the fourth quarter and full year ended Dec. 31, 2015 (all amounts are in U.S. dollars). On January 25, 2016 the Company reported strong operating results, including the fifth consecutive year of increased production, that drove record revenue of $291.3 million, strong operating cash flow before changes in working capital 1 of $83.2 million ($0.51 per share) and adjusted net income 2 of $6.6 million ($0.04 per share).

Highlights:

-Record Revenues Drive Increased Cash Flows: Primero generated record annual revenues of $291.3 million in 2015, 6% higher than in 2014 and despite the drop in metals prices, due to increased production and sales from the San Dimas and Black Fox mines. This resulted in 2015 operating cash flow before changes in working capital increasing by 13% over 2014, to $83.2 million ($0.51 per share). -Costs Controlled: All-in sustaining costs 3 of $972 per ounce decreased by 20% from 2014 and were well below the Company's 2015 guidance range of $1,030 to $1,060 per ounce. All-in sustaining costs are expected to drop a further 10% in 2016, to between $850 to $900 per gold ounce. -Convertible Debentures to be Repaid in Cash: Primero ended 2015 with $120.6 million of total liquidity, which included $45.6 million in cash and $75.0 million available in an undrawn line of credit, significantly increased from the December 31, 2014 total liquidity position of $62.4 million. The Company announced on February 10, 2016 4 its intention to repay in cash the outstanding $48.1 million of its 6.5% convertible debentures plus $1.6 million of associated interest on their maturity date of March 31, 2016. -Earnings Impacted by Impairment: The Company incurred a net loss of $106.9 million ($0.66 per share) including $104.0 million in impairment charges in 2015, compared to a net loss of $224.4 million ($1.48 per share) including $209.0 million in impairment charges in 2014. Adjusted net income was $6.6 million ($0.04 per share) for 2015, compared to adjusted net income of $5.4 million ($0.04 per share) for 2014. -Fifth Consecutive Year of Record Production: Fourth quarter production of 68,155 gold equivalent ounces 5 resulted in annual 2015 production of 259,474 gold equivalent ounces, 15% higher than 2014 and within the Company's 2015 production guidance range of 250,000 to 270,000 ounces. Gold equivalent production in 2016 is expected to increase by up to 8% over 2015 to between 260,000 and 280,000 ounces. -Capital Expenditures Reduced But Not Restrictive in 2016: Primero has narrowed its 2016 focus to core capital expenditures related to advancing the existing underground mining operations at San Dimas and Black Fox, and as a result the Company expects capital expenditures in 2016 of $82.3 million including capitalized exploration costs of $18.4 million. -Legal Claim From Mexican Tax Authority: Primero's San Dimas mine in Mexico continues to operate uninterrupted despite a legal claim by the Mexican tax authority seeking to nullify the Advance Pricing Agreement ("APA"). The APA confirmed the Company's basis for paying taxes on the price it realized from silver sales under its silver purchase agreement with Silver Wheaton for the fiscal years ending 2010 to 2014, inclusive 6 . Primero intends to vigorously defend its position and believes that it has filed its tax returns for 2010 to 2014 on a basis compliant with applicable laws.

"Primero's strong focus on reducing costs, while continuing to invest in profitable operations is evident in our 2015 results," stated Ernest Mast, President and Chief Executive Officer. "We achieved industry low all-in sustaining costs of $680 per ounce at our platform San Dimas mine while significantly reducing the all-in sustaining costs at the Black Fox mine by 19% from 2014, to $1,163 per ounce. We were also successful at reducing our corporate G&A expense with the closure of two satellite offices. Though Primero has had a volatile start to 2016 in the equity markets, our mines in Mexico and Canada continue to operate uninterrupted with anticipated further efficiency gains anticipated in 2016. We are aggressively defending the claim initiated by the Mexican tax authority seeking to nullify the APA. We look forward to demonstrating strong returns for our shareholders in 2016 by delivering production increases and maintaining a low cost structure with a focus on disciplined capital allocation and generating strong cash flow."

Low Cost Gold Production in Mexico and Canada

Primero produced 68,155 gold equivalent ounces during the fourth quarter of 2015, at total cash costs 7 of $613 per gold equivalent ounce and all-in sustaining costs ("AISC") of $1,009 per ounce. This resulted in record annual production of 259,474 gold equivalent ounces at total cash costs of $637 per gold equivalent ounce and AISC of $972 per ounce, representing a 15% increase in production and contributing to 20% lower AISC versus 2014.

San Dimas produced 50,370 gold equivalent ounces (41,371 ounces of gold and 2.32 million ounces of silver) during the fourth quarter at total cash costs of $535 per gold equivalent ounce and AISC of $753 per ounce. This resulted in full-year 2015 production of 189,769 gold equivalent ounces (151,355 ounces of gold and 8.30 million ounces of silver) from San Dimas at cash costs of $559 per gold equivalent ounce and AISC of $680 per ounce. Strong performance at San Dimas was due to a number of factors including higher throughput related to the ongoing expansion of the mill to 3,000 tonnes per day ("TPD"), increased gold and silver recoveries, increased long-hole mining production, and increased availability of the high-grade Jessica vein. Average throughput in 2015 increased by 10% to a record 2,721 TPD (based on 365 day availability).

Black Fox produced 17,785 ounces of gold during the fourth quarter at total cash costs of $834 per ounce and AISC of $1,104 per ounce. This resulted in 2015 production of 69,705 ounces of gold at cash costs of $850 per ounce and AISC of $1,163 per ounce. The 19% reduction in AISC in 2015 versus 2014 was largely attributable to significantly less development capital spent and less equipment replacements required in 2015. The weaker Canadian dollar relative to the U.S. dollar also had a positive impact on costs at Black Fox during 2015. Average mill throughput increased by 4% in 2015 averaging a record 2,400 TPD (based on 365 day availability).

Kostolanys Erbe schrieb am 04.02.2016, 22:22 Uhr[/url]"]


Primero receives Mexican tax claim to void pricing deal



2016-02-04 01:17 ET - News Release



Ms. Tamara Brown reports

PRIMERO RECEIVES LEGAL CLAIM FILED BY MEXICAN TAX AUTHORITIES

Primero Mining Corp.'s Mexican subsidiary, Primero Empresa Minera SA de CV (PEM), has received a legal claim from the Mexican tax authorities, Servicio de Administracion Tributaria (SAT), seeking to nullify the advance pricing agreement (APA) issued by SAT in 2012. The APA confirmed the company's basis for paying taxes on realized silver prices for the years 2010 to 2014 and represented SAT's agreement to accept that basis for those years. The legal claim initiated does not identify any different basis for paying taxes. The company believes this legal claim is without merit, and it intends to vigorously defend the validity of its APA. The company's operations continue as usual.

PEM and its legal counsel are in the process of completing a detailed review of the legal claim, which is in excess of 200 pages. The company's Mexican legal and financial advisers have informed the company that SAT's judicial challenge to the validity of an APA is without precedent. The company's advisers maintain that seeking to nullify an APA undermines the function of an APA, which is to assure a taxpayer of certainty. The Mexican Supreme Court of Justice recently concluded that where a tax ruling is challenged by the tax authorities through a legal claim, there can be no retroactive consequences or payments levied against a taxpayer that obtained the ruling in good faith within applicable legal principles. The company, and its Mexican legal and financial advisers, continues to believe that the company has filed its tax returns, and paid all applicable taxes, in compliance with Mexican tax laws.


http://www.stockwatch.com/Quote/Detail.aspx?symbol=P&region=C


» zur Grafik

 

[greenhorn]

CNL

February 24, 2016 06:00 ET
Continental Gold Announces a Positive Feasibility Study for the Buritica Project

http://www.marketwired.com/press-re...-for-the-buritica-project-tsx-cnl-2099676.htm

TORONTO, ON--(Marketwired - February 24, 2016) - Continental Gold Inc. (TSX: CNL) (OTCQX: CGOOF) ("Continental" or the "Company") is pleased to announce the results of an independent Feasibility Study ("FS"), prepared in accordance with National Instrument 43-101 ("NI 43-101"), for its 100%-owned Buriticá project in Antioquia, Colombia. The FS was authored by JDS Energy and Mining Inc. ("JDS"), and M3 Engineering & Technology Corp. was responsible for designing the processing facilities and related surface infrastructure. The FS indicates that the Buriticá project will be host to an economically robust, high-grade underground gold mine. All dollar amounts are quoted in U.S. Dollars; all cash cost information is net of silver by-product credits.

Feasibility Study Highlights

Maiden mineral reserve for the combined Yaraguá and Veta Sur vein systems totaling 3.7 million ounces of gold and 10.7 million ounces of silver (13.7 million tonnes grading 8.4 g/t gold and 24.3 g/t silver);
Gold and silver recoveries of 94.1% and 59.9%, respectively, over the life of the mine ("LOM");
A 14-year mine life that will produce 3,492,000 ounces of recovered gold and 6,425,000 ounces of recovered silver;
The first five years of production will average approximately 282,000 ounces of gold and 494,000 ounces of silver annually, at a total average cash cost of $387 per ounce of gold (including silver credits). LOM production will average 253,000 ounces of gold and 466,000 ounces of silver annually, at a total cash cost of $411 per ounce of gold (including silver credits), placing Buriticá in the lowest cash-cost quartile globally;
Estimated project capital cost, including contingency, of $389.2 million;
LOM average operating costs of $111.59 per tonne milled (including royalty, doré transport and refining charges);
Base case scenario utilizes a gold price of $1,200/ounce, a silver price of $15/ounce and an exchange rate (US$:COP (Colombian Peso)) of 2,850, resulting in the following economics:
The after-tax net present value at a 5% discount ("NPV5") amounts to $0.86 billion;
Internal Rate of Return ("IRR") of 31.2%; and
Capital payback of 2.3 years;
High case scenario utilizing a gold price of $1,400/ounce, a silver price of $17/ounce and an exchange rate (US$: COP) of 2,850, resulting in the following economics:
The after-tax NPV5 amounts to $1.16 billion;
IRR of 37.8%; and
Capital payback of 1.8 years.

Tables 1 and 2 show economic results with varying metal prices and the economic model basis:

 

[dukezero]

rxc plus 9%

 

[dukezero]

GSV 1.35 Cad sollten drin sein heute! ASK sehr überschaubar!

 

[dukezero]

dukezero schrieb am 24.02.2016, 13:45 Uhr[/url]"]rxc plus 9%

 

[dukezero]

6az Cad chart!

 

[dukezero]

dukezero schrieb am 24.02.2016, 15:42 Uhr[/url]"]

dukezero schrieb am 24.02.2016, 13:45 Uhr[/url]"]rxc plus 9%

» zur Grafik

o,97 cad opensky! plus 15.45%

 

[Fischlaender]

DPM ev. ein Nachzuegler

 

[greenhorn]

EDV mit einer sehr schönen Entwicklung dieses Jahr

greenhorn schrieb am 15.01.2016, 09:16 Uhr[/url]"]EDV - Endeavour Mining

Endeavour Mining produces 517,948 oz Au in 2015

2016-01-14 20:19 ET - News Release

Mr. Neil Woodyer reports

ENDEAVOUR MINING EXCEEDS 2015 GUIDANCE WITH 518,000 OUNCES

Endeavour Mining Corp. had 2015 gold production of 517,948 ounces, which includes 5,689 ounces from the newly acquired Ity mine, exceeding the 2015 production guidance range. The 2015 AISC/oz is expected to be slightly below the $930 to $980 guidance range.

At December 31, 2015 the cash balance was $110 million and net debt was reduced to $143 million.

For 2016, Endeavour Mining is providing gold production guidance of 575,000 to 600,000 ounces and AISC/oz is expected to decrease to $875 to $925.

2015 Production and AISC Highlights

2015 production exceeded guidance of 475,000 to 500,000 ounces with 512,259 ounces from the Agbaou, Nzema, Tabakoto and Youga mines.

Endeavour Mining's five mines, which now includes the Ity Mine, produced 593,066 ounces during 2015.

The Ity Mine was acquired November 27, 2015 so the consolidated financial statements will only include Ity's post-acquisition results of 5,689 ounces for total gold production of 517,948 ounces during 2015, an increase of 11% over 2014.

 

[Fischlaender]

Knapp Plus 20% intraday...

Fischlaender schrieb am 24.02.2016, 16:10 Uhr[/url]"]DPM ev. ein Nachzuegler

» zur Grafik

 

[Kostolanys Erbe]

Schau Dir doch mal VLE und FRU an. Die hatte ich hier im Board vorgestellt.

Wenn es unbedingt Öl sein soll, dann würde ich low cost Producer bevorzugen, die da wären DNO (Norwegen)und Genel Energy (England) die beide im Irak fördern.

Mal das Länderrisiko außen vor gesehen, produziert Genel Energy ein Barrel Öl für um die 2 US-Dollar!

Genel Energy Cash ca. 450 Mio.
Schulden ca. 250 Mio.

Was bei Genel Energy erheblich auf den Kurs lastet ist noch ein ausstehender Bond in Höhe von 750 Mio. im Jahr 2019!

Ölreserven so um die 2 Mrd. Barrel wenn ich es richtig in Erinnerung habe...

Am besten noch mal auf beide Homepages schauen!

Kaschper schrieb am 24.02.2016, 11:28 Uhr[/url]"]Danke für die Antwort
wenn ich die beiden Aktien vergleiche ist das zwar wohl ein Apfel und eine Birne, so sehe ich auf den ersten Blick Mitte letzten Jahres bei den einen ein Kurs von über 10 und bei den anderen von gut 7,50 ... bleibt für mich die Frage wie hoch ist die Wahrscheinlichkeit das es PBR schafft und Kurse von 10 € wieder möglich sind auf Sicht von 2 Jahren Versuche mal ein paar mehr Informationen zu dieser Firma zu sammeln ...

Kostolanys Erbe schrieb am 23.02.2016, 22:20 Uhr[/url]"]Bei PBR tue ich mich aktuell schwer längerfristig einzusteigen... Schmiergeldaffären etc.
Als kurzfristiger Trade bei dem Ölpreisschwankungen sicherlich interessant.
PBR Cart:
» zur Grafik

Schau doch mal ein Land weiter ... nach Argentinien...schau Dir doch mal PZE an...

» zur Grafik

Kaschper schrieb am 23.02.2016, 10:58 Uhr[/url]"]bleibt erst einmal nur WL gestern mit einem ordentlichem + das Firmenkonstrukt erschließt sich mir noch nicht so ganz ... Risiken möglicher Turnaround etc.

Kaschper schrieb am 19.02.2016, 22:01 Uhr[/url]"]hat jemand hier eine Einschätzung und sich mit Petroleo Brasiliero isin US71654V1017 befasst?

 

[Fischlaender]

Kolumbianisches Verfassungsgericht erklaert jegliche Explorationstaetigkeit (Minerale+Oel) in der Paramo Zone fuer vefassungswidrig und hebt alle Lizenzen auf. Aufgrund des uebergeordneten nationalen Interesses besteht keine Einspruchsmoeglichkeit, keine Chance auf Arbitration.

EOM, GLW u.a. stehen mit leeren Haenden da, wobei GLW wenigstens Cash hat.

 

[Fischlaender]

Fischlaender schrieb am 24.02.2016, 17:52 Uhr[/url]"]Kolumbianisches Verfassungsgericht erklaert jegliche Explorationstaetigkeit (Minerale+Oel) in der Paramo Zone fuer vefassungswidrig und hebt alle Lizenzen auf. Aufgrund des uebergeordneten nationalen Interesses besteht keine Einspruchsmoeglichkeit, keine Chance auf Arbitration.

EOM, GLW u.a. stehen mit leeren Haenden da, wobei GLW wenigstens Cash hat.

http://www.stockhouse.com/news/press-releases/2016/02/24/galway-gold-comments-on-colombia-s-constitutional-court-rescinding-mining