Dax © 24.371 +1,51%
Dow Jones 44.539 +0,67%
S&P 500 6.298 +0,56%
Dow Jones 44.539 +0,67%
S&P 500 6.298 +0,56%
Nasdaq 23.103 +0,81%
Nikkei 40.052 +1,24%
Hang Seng 24.499 -0,08%
Nikkei 40.052 +1,24%
Hang Seng 24.499 -0,08%
EUR/USD 1,15996 +0,04%
BTC/USD 120.687 +1,65%
ETH/USD 3.477 +3,10%
BTC/USD 120.687 +1,65%
ETH/USD 3.477 +3,10%
Rohstoffthread / CCG-Hauptthread
- Ersteller dukezero
- Erstellt am
- Tagged users Kein(e)
Aber Hallo! Sonst 
[url=http://peketec.de/trading/viewtopic.php?p=1622824#1622824 schrieb:greenhorn schrieb am 11.09.2015, 16:44 Uhr[/url]"]wenigstens bei PLG ist mein Einstand aber relativ unten.........also wenn Übernahme, dann zu höheren Kursen als heute oder?!
Meinen taeglichen 100%er gib mir heute... 
MON
Mit 600 CAD Umsatz...
MON
Mit 600 CAD Umsatz...
Amen! Chor eine Strophe.........
[url=http://peketec.de/trading/viewtopic.php?p=1622835#1622835 schrieb:Fischlaender schrieb am 11.09.2015, 17:15 Uhr[/url]"]Meinen taeglichen 100%er gib mir heute...
MON
Mit 600 CAD Umsatz...
:shock: :shock: :shock:
Greenie hat die 37000 voll gemacht!!! Glatt übersehen....
Glückwunsch zu dieser stolzen Zahl und Respekt vor deiner Leistung hier!!
Greenie hat die 37000 voll gemacht!!! Glatt übersehen....
Glückwunsch zu dieser stolzen Zahl und Respekt vor deiner Leistung hier!!
[url=http://peketec.de/trading/viewtopic.php?p=1622859#1622859 schrieb:greenhorn schrieb am 11.09.2015, 17:51 Uhr[/url]"]wünsch Euch ein schönes Wochenende! Sonne genießen.......
Kostolanys Erbe
RohstoffExperte
Ort:
Im schönsten Bundesland zwischen Nord- und Ostsee.
Beiträge:
11.152
Trades:
4
[url=http://peketec.de/trading/viewtopic.php?p=1622871#1622871 schrieb:Ollinho schrieb am 11.09.2015, 18:03 Uhr[/url]"]:shock: :shock: :shock:
Greenie hat die 37000 voll gemacht!!! Glatt übersehen....
Glückwunsch zu dieser stolzen Zahl und Respekt vor deiner Leistung hier!!
[url=http://peketec.de/trading/viewtopic.php?p=1622859#1622859 schrieb:greenhorn schrieb am 11.09.2015, 17:51 Uhr[/url]"]
Kostolanys Erbe
RohstoffExperte
Ort:
Im schönsten Bundesland zwischen Nord- und Ostsee.
Beiträge:
11.152
Trades:
4
Nachtrag zu TON:
Standard Tolling seeks redress for vandalism near plant
2015-09-10 17:21 ET - News Release
Mr. Len Clough reports
STANDARD TOLLING OPERATIONAL UPDATE
Standard Tolling Corp. has filed legal action with the District Attorney in the Department of La Libertad, Peru, to prosecute the parties involved in the mindless destruction of company property at the entrance of its gold plant on Sept. 2, 2015.
The damage was caused by a farmer, who convinced the local magistrate to issue a civil order against the company for allegedly blocking a public access way, a completely untrue allegation. At the same time the civil order was issued, and against the instructions of the authorities, the perpetrator began destroying civil works and company property adjacent to the public road using two large front-end loaders.
Although the authorities were present for the attack, they failed to uphold their duties as public officials and did nothing to stop the attack. Consequently, the company will use the compelling evidence it has assembled to pursue financial restitution for all damages and lost business and will seek criminal charges through the integrity of the Peruvian judicial system. The company has shared the matter with regional and central authorities, who support a higher standard for public officials.
Other than the entrance, the processing plant was untouched. The economic loss to the company's investment was limited and the truck scale, being the most valuable piece of equipment damaged, only requires minor repair. In the meantime, portable scales are being used and ore purchase operations have recommenced. The entrance and the tolling area of the plant have been redesigned and the truck scale will be moved to another area within the property.
The company appreciates the support of its employees during this ordeal. The company will update its shareholders with any further developments.
We seek Safe Harbor.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aTON-2310408&symbol=TON®ion=C
Standard Tolling seeks redress for vandalism near plant
2015-09-10 17:21 ET - News Release
Mr. Len Clough reports
STANDARD TOLLING OPERATIONAL UPDATE
Standard Tolling Corp. has filed legal action with the District Attorney in the Department of La Libertad, Peru, to prosecute the parties involved in the mindless destruction of company property at the entrance of its gold plant on Sept. 2, 2015.
The damage was caused by a farmer, who convinced the local magistrate to issue a civil order against the company for allegedly blocking a public access way, a completely untrue allegation. At the same time the civil order was issued, and against the instructions of the authorities, the perpetrator began destroying civil works and company property adjacent to the public road using two large front-end loaders.
Although the authorities were present for the attack, they failed to uphold their duties as public officials and did nothing to stop the attack. Consequently, the company will use the compelling evidence it has assembled to pursue financial restitution for all damages and lost business and will seek criminal charges through the integrity of the Peruvian judicial system. The company has shared the matter with regional and central authorities, who support a higher standard for public officials.
Other than the entrance, the processing plant was untouched. The economic loss to the company's investment was limited and the truck scale, being the most valuable piece of equipment damaged, only requires minor repair. In the meantime, portable scales are being used and ore purchase operations have recommenced. The entrance and the tolling area of the plant have been redesigned and the truck scale will be moved to another area within the property.
The company appreciates the support of its employees during this ordeal. The company will update its shareholders with any further developments.
We seek Safe Harbor.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aTON-2310408&symbol=TON®ion=C
Respekt! 
[url=http://peketec.de/trading/viewtopic.php?p=1622882#1622882 schrieb:Kostolanys Erbe schrieb am 11.09.2015, 19:48 Uhr[/url]"]
[url=http://peketec.de/trading/viewtopic.php?p=1622871#1622871 schrieb:Ollinho schrieb am 11.09.2015, 18:03 Uhr[/url]"]:shock: :shock: :shock:
Greenie hat die 37000 voll gemacht!!! Glatt übersehen....
Glückwunsch zu dieser stolzen Zahl und Respekt vor deiner Leistung hier!!
[url=http://peketec.de/trading/viewtopic.php?p=1622859#1622859 schrieb:greenhorn schrieb am 11.09.2015, 17:51 Uhr[/url]"]
Application to the BCSC Successful
September 11, 2015 - Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) is pleased to announce that the British Colombia Securities Commission ("BCSC") has granted a cease trade order with respect to CB Gold Inc.'s ("CB Gold") shareholder rights plan. Red Eagle Mining is now in a position to, and intends to, take up all CB Gold shares ("Shares") which have been tendered to its share exchange takeover bid (the "Offer") at the expiry of the Offer at close of business on Monday, September 14, 2015. Shares not tendered are at risk of being orphaned. No further action is required by CB Gold shareholders who have already tendered their Shares.
Red Eagle’s Allegations Dismissed By BCSC – Batero’s Bid Remains Significantly Higher
Toronto, Ontario, September 11, 2015 – Batero Gold Corp. ("Batero" or the "Company") (TSX-V: BAT) is pleased to announce that today the British Columbia Securities Commission (the "Commission") issued its order ("Order") dismissing allegations made by Red Eagle Mining Corporation ("Red Eagle") in connection with Batero's higher take-over bid (the "Batero Offer") for all issued and outstanding common shares (the "CBJ Common Shares") of CB Gold Inc. ("CB Gold").
Pursuant to the Order, the Commission dismissed Red Eagle's application to cease trade the superior Batero Offer, as well as Red Eagle's application to reverse and cease trade the CBJ Common Shares issued to Batero under the private placement of June 23, 2015. While having the CB Gold Shareholder Rights Plan ("SRP") served its purpose, the Commission also allowed the termination of the SRP effectively immediately.
CB Gold shareholders who have tendered to Red Eagle should immediately WITHDRAW their shares from Red Eagle’s lower take-over bid and TENDER to the significantly higher Batero Offer. Red Eagle has been exposed for its desperate tactics of trying to mislead CB Gold shareholders. As of today’s close, the Batero Offer remains well over 20% above the Red Eagle bid and offers CB Gold shareholders the choice of receiving cash or shares. Time is of the essence in light of Red Eagle’s bid expiry time of 4:00 p.m. (Toronto time) on Monday, September 14, 2015. CB Gold shareholders tendering to the Red Eagle bid would be leaving money on the table by being precluded from participating in the higher Batero offer.
The Batero Offer remains open for acceptance until 11:59 p.m. on September 18, 2015. As outlined in Batero's Notice of Variation and Extension dated September 8, 2015 (the "Notice") in respect of the Batero Offer, CB Gold shareholders who tender to the Batero Offer will be entitled to receive, at their option, for each CBJ Common Share either $0.06 in cash or 0.8 of a Batero common share, in each case subject to proration. The Batero Offer provides CB Gold shareholders far superior value than the RE Offer, with a significant cash component and participation in the upside of Batero's projects.
How to Tender CB Gold Common Shares to the Batero Offer
All questions regarding the Batero Offer and how to tender CBJ Common Shares to the Batero Offer should be directed to Kingsdale Shareholder Services, the information agent and depository, at 1-866-581-0506 (North American Toll-Free) or +1-416-867-2272 (Collect Calls) or by email at contactus@kingsdaleshareholder.com.
Shareholders should also contact Kingsdale Shareholder Services for assistance if they have tendered their CBJ Common Shares to the Red Eagle Offer in order to WITHDRAW them immediately.
September 11, 2015 - Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) is pleased to announce that the British Colombia Securities Commission ("BCSC") has granted a cease trade order with respect to CB Gold Inc.'s ("CB Gold") shareholder rights plan. Red Eagle Mining is now in a position to, and intends to, take up all CB Gold shares ("Shares") which have been tendered to its share exchange takeover bid (the "Offer") at the expiry of the Offer at close of business on Monday, September 14, 2015. Shares not tendered are at risk of being orphaned. No further action is required by CB Gold shareholders who have already tendered their Shares.
Red Eagle’s Allegations Dismissed By BCSC – Batero’s Bid Remains Significantly Higher
Toronto, Ontario, September 11, 2015 – Batero Gold Corp. ("Batero" or the "Company") (TSX-V: BAT) is pleased to announce that today the British Columbia Securities Commission (the "Commission") issued its order ("Order") dismissing allegations made by Red Eagle Mining Corporation ("Red Eagle") in connection with Batero's higher take-over bid (the "Batero Offer") for all issued and outstanding common shares (the "CBJ Common Shares") of CB Gold Inc. ("CB Gold").
Pursuant to the Order, the Commission dismissed Red Eagle's application to cease trade the superior Batero Offer, as well as Red Eagle's application to reverse and cease trade the CBJ Common Shares issued to Batero under the private placement of June 23, 2015. While having the CB Gold Shareholder Rights Plan ("SRP") served its purpose, the Commission also allowed the termination of the SRP effectively immediately.
CB Gold shareholders who have tendered to Red Eagle should immediately WITHDRAW their shares from Red Eagle’s lower take-over bid and TENDER to the significantly higher Batero Offer. Red Eagle has been exposed for its desperate tactics of trying to mislead CB Gold shareholders. As of today’s close, the Batero Offer remains well over 20% above the Red Eagle bid and offers CB Gold shareholders the choice of receiving cash or shares. Time is of the essence in light of Red Eagle’s bid expiry time of 4:00 p.m. (Toronto time) on Monday, September 14, 2015. CB Gold shareholders tendering to the Red Eagle bid would be leaving money on the table by being precluded from participating in the higher Batero offer.
The Batero Offer remains open for acceptance until 11:59 p.m. on September 18, 2015. As outlined in Batero's Notice of Variation and Extension dated September 8, 2015 (the "Notice") in respect of the Batero Offer, CB Gold shareholders who tender to the Batero Offer will be entitled to receive, at their option, for each CBJ Common Share either $0.06 in cash or 0.8 of a Batero common share, in each case subject to proration. The Batero Offer provides CB Gold shareholders far superior value than the RE Offer, with a significant cash component and participation in the upside of Batero's projects.
How to Tender CB Gold Common Shares to the Batero Offer
All questions regarding the Batero Offer and how to tender CBJ Common Shares to the Batero Offer should be directed to Kingsdale Shareholder Services, the information agent and depository, at 1-866-581-0506 (North American Toll-Free) or +1-416-867-2272 (Collect Calls) or by email at contactus@kingsdaleshareholder.com.
Shareholders should also contact Kingsdale Shareholder Services for assistance if they have tendered their CBJ Common Shares to the Red Eagle Offer in order to WITHDRAW them immediately.
Soweit so gut. Paar Cent vorne und aufgrund der Size wäre das bereits ein nettes Abendessen unklusive Getränke.
[url=http://peketec.de/trading/viewtopic.php?p=1622815#1622815 schrieb:Fischlaender schrieb am 11.09.2015, 16:29 Uhr[/url]"]Mal paar long 1,51 USD
[url=http://peketec.de/trading/viewtopic.php?p=1622808#1622808 schrieb:Fischlaender schrieb am 11.09.2015, 16:16 Uhr[/url]"]
[url=http://peketec.de/trading/viewtopic.php?p=1622798#1622798 schrieb:greenhorn schrieb am 11.09.2015, 16:03 Uhr[/url]"]ick sach nur 12 Zoll Flatscreen...........
hab ich total weggeblendet.............aber Danke!
na dann ist YRI auf Bodensuche
Insiders Are Buying True Gold Mining, Should You?
http://seekingalpha.com/article/3506286-insiders-are-buying-true-gold-mining-should-you
Sep. 12, 2015 1:57
True Gold has so far completed 62% of development activities at the Karma gold mine.
In August, the Community Liaison Committee re-established in support of the gold mine.
The next big risk event is Burkina Faso’s general elections next month, on October 11.
True Gold will still pay a 17.5% tax rate on mining profits after Burkina Faso's new mining code.
There has been positive signs of insider buying activity.
True Gold Mining (OTCQX:RVREF) is a Canadian-based gold company focused on developing its Karma gold project in Burkina Faso, West Africa. The development of the gold project is roughly 62% complete, and remains on track to reach first gold production by the end of the first quarter of 2016. Initially, True Gold expected first production by the end of this year, but disturbances at the mining site from protestors temporarily shut down construction activities. Protestors argued that the Karma gold project would damage the nearby Ramatoulaye mosque.
True Gold entered long discussions with Burkina Faso's government and local community leaders over the past two quarters, where they signed an agreement to support the Karma gold mine. Last month, the Community Liaison Committee (CLC) reestablished after dissolving late last year with the change in government. The CLC serves as an effective forum for dialogue regarding the Karma gold project. These are positive developments, and significantly de-risk the gold project. The next big risk event is Burkina Faso's general elections next month, and of course, the direction of gold prices.
We value True Gold Mining shares at $0.50 (C$0.60) per share (rounded) and support our HOLD rating. All figures are in U.S. dollars unless otherwise stated. We use the current exchange rate of $1US:C$1.30 to translate U.S. dollars into Canadian.
Background: The Karma gold project
True Gold is developing the Karma gold project in Burkina Faso, Africa's fourth largest gold producer where gold contributes around 20% of its annual gross domestic product. The gold project is broken into three development phases. The first comprises of mining five gold deposits (Goulagou 1 & 2, Rambo, Kao and Nami) initially. True Gold has completed over 62% of project construction as of July 31. There is $60 million remaining out of the total $132 million in capital spending to prop up the gold mine.
The second phase incorporates the development of the North Kao deposit. This project builds on the 8.5 year life-of-mine of phase one. The expansion adds 118,000 ounces of gold per annum at low costs over 2.5 years, starting in 2024. The third phase involves exploration potential on the company's 856-km² land package. True Gold could phase new discoveries on the Karma property into the resource base and mine plan. True Gold believes the Karma property is rich in gold mineralization and offers a platform for a 15 to 20 year mine plan.
Items
Completion
Mining fleet and equipment
100% - commissioned and operational
Earthworks on the plant site terraces
100%
Water pipeline from barrage to site
95% - completed by Q4/15
Procurement
99% - completed about 55% of deliveries to site
Excavation of raw water pond
100%
Earthworks on cells 1 - 6 of heap leach pad
60%
Table 1: List of construction milestones. Source: Corporate presentation
We estimate the gold project to produce roughly 97,000 ounces of gold per annum at an average all-in sustaining cost of $700 per ounce sold for the first five years. The project remains on schedule to place ore material on the leach pad in the fourth quarter of 2015, and deliver its first gold pour by the end of the first quarter of 2016. Initially, True Gold expected first production by the end of this year, but disturbances at the mining site from violent protestors led the company to shut down development activities.
Burkina Faso: New elections
Locals protested against the Karma gold project, and argued that the mine could damage the nearby Ramatoulaye mosque. True Gold entered long discussions with Burkina Faso's government and local community leaders over the past two quarters, leading to the signing of an agreement in support of the Karma gold mine. Full construction resumed on June 1. Last month, the Community Liaison Committee reestablished with over 80 representatives after dissolving late last year with the change in government.
Nationwide protests broke out last October after Burkina Faso's former President Blaise Compaoré tried to amend the national constitution to allow him to extend his 27-year rule by another 5 years. A stable, transitional government currently rules Burkina Faso. The CLC, originally created in 2012, serves as an effective forum for dialogue and issue resolution regarding the Karma gold project. These are positive developments, and significantly de-risks the gold project.
The next big risk event is Burkina Faso's general elections next month, on October 11. Burkina Faso's Constitutional Council revised the electoral code to exclude any candidate that had supported Compaoré's plan to change the constitution to allow him to extend his term. Any participants of the former ruling party (Congress for Democracy and Progress) also cannot take part in the election. These actions significantly reduce the risk of a turbulent transitional government and corruption. A free and fair election next month is a positive milestone in the country's effort for true democracy.
Burkina Faso's transitional government passed a new mining code on June 26 that eliminated a previous 10% tax discount on mining profits. Miners in Burkina Faso have benefited from corporate tax rates lower than other West African nations until now. The new mining code enforces companies with exploitation permits will pay the normal tax rate on profits of 27.5%. How does this affect True Gold? The government granted True Gold its exploitation permit under the 2003 mining code, thus the corporate tax rate that the company expects to pay on mining profits stays unchanged at 17.5%.
As part of the updated mining code, all miners, including True Gold, must pay a new 1% royalty to support the development of local communities. We calculated this new royalty into our DCF analysis when computing cash flows for each year based on a $1,200 an ounce gold price. The Karma gold project is fully funded to initial production, with up to $48.4 million available under the $100 million gold stream facility with Franco-Nevada and Sandstorm Gold. This, coupled with $30.5 million in cash (as of July 31) and the option to increase funding by up to $20 million as part of the gold stream agreement, gives True Gold adequate financial resources to develop the gold mine.
Valuation: Insiders are buying
Our valuation of True Gold Mining brings us to a corporate NAVPS of $0.52 (C$0.68) per share. After applying a 0.9x P/NAV multiple to account for country risk, financial risk and execution risk, we arrive at a target price of $0.50 (C$0.60) per share (rounded to the nearest whole common share). Our target price supports our HOLD rating. The price of gold is the largest risk to our valuation, as lower gold prices significantly decreases our cash flow projections in our DCF analysis.
Figure 1: NAV analysis and target price generation.
Figure 2: NAV and target price generation in Canadian dollars.
Figure 3: True Gold Mining stock price on the TSX Venture. Source: Yahoo! Finance
The U.S. central bank has scheduled a two-day policy meeting on September 16-17 where the Fed may raise interest rates for the first time since June 2006. An increase in interest rates is a negative for gold prices, as investment demand will shift to yield-bearing assets such as bonds and equities. We expect gold investors to monitor next week's Fed event very closely. If the Fed moves to normalize rates, we expect a higher U.S. dollar and another leg down in gold. It could provide a good opportunity to purchase depressed gold stocks, such as True Gold Mining.
There have been signs of insider buying activity in the company from CEO Christian Milau and VP of Business Development Alexander Holmes on September 2. Mr. Milau purchased 100,000 common shares in the public market for C$0.18 and Mr. Holmes purchased 60,000 common shares for C$0.185. Insider buying reflects confidence regarding the company's direction. The act of investing personal capital into the company is a positive takeaway.
http://seekingalpha.com/article/3506286-insiders-are-buying-true-gold-mining-should-you
Sep. 12, 2015 1:57
True Gold has so far completed 62% of development activities at the Karma gold mine.
In August, the Community Liaison Committee re-established in support of the gold mine.
The next big risk event is Burkina Faso’s general elections next month, on October 11.
True Gold will still pay a 17.5% tax rate on mining profits after Burkina Faso's new mining code.
There has been positive signs of insider buying activity.
True Gold Mining (OTCQX:RVREF) is a Canadian-based gold company focused on developing its Karma gold project in Burkina Faso, West Africa. The development of the gold project is roughly 62% complete, and remains on track to reach first gold production by the end of the first quarter of 2016. Initially, True Gold expected first production by the end of this year, but disturbances at the mining site from protestors temporarily shut down construction activities. Protestors argued that the Karma gold project would damage the nearby Ramatoulaye mosque.
True Gold entered long discussions with Burkina Faso's government and local community leaders over the past two quarters, where they signed an agreement to support the Karma gold mine. Last month, the Community Liaison Committee (CLC) reestablished after dissolving late last year with the change in government. The CLC serves as an effective forum for dialogue regarding the Karma gold project. These are positive developments, and significantly de-risk the gold project. The next big risk event is Burkina Faso's general elections next month, and of course, the direction of gold prices.
We value True Gold Mining shares at $0.50 (C$0.60) per share (rounded) and support our HOLD rating. All figures are in U.S. dollars unless otherwise stated. We use the current exchange rate of $1US:C$1.30 to translate U.S. dollars into Canadian.
Background: The Karma gold project
True Gold is developing the Karma gold project in Burkina Faso, Africa's fourth largest gold producer where gold contributes around 20% of its annual gross domestic product. The gold project is broken into three development phases. The first comprises of mining five gold deposits (Goulagou 1 & 2, Rambo, Kao and Nami) initially. True Gold has completed over 62% of project construction as of July 31. There is $60 million remaining out of the total $132 million in capital spending to prop up the gold mine.
The second phase incorporates the development of the North Kao deposit. This project builds on the 8.5 year life-of-mine of phase one. The expansion adds 118,000 ounces of gold per annum at low costs over 2.5 years, starting in 2024. The third phase involves exploration potential on the company's 856-km² land package. True Gold could phase new discoveries on the Karma property into the resource base and mine plan. True Gold believes the Karma property is rich in gold mineralization and offers a platform for a 15 to 20 year mine plan.
Items
Completion
Mining fleet and equipment
100% - commissioned and operational
Earthworks on the plant site terraces
100%
Water pipeline from barrage to site
95% - completed by Q4/15
Procurement
99% - completed about 55% of deliveries to site
Excavation of raw water pond
100%
Earthworks on cells 1 - 6 of heap leach pad
60%
Table 1: List of construction milestones. Source: Corporate presentation
We estimate the gold project to produce roughly 97,000 ounces of gold per annum at an average all-in sustaining cost of $700 per ounce sold for the first five years. The project remains on schedule to place ore material on the leach pad in the fourth quarter of 2015, and deliver its first gold pour by the end of the first quarter of 2016. Initially, True Gold expected first production by the end of this year, but disturbances at the mining site from violent protestors led the company to shut down development activities.
Burkina Faso: New elections
Locals protested against the Karma gold project, and argued that the mine could damage the nearby Ramatoulaye mosque. True Gold entered long discussions with Burkina Faso's government and local community leaders over the past two quarters, leading to the signing of an agreement in support of the Karma gold mine. Full construction resumed on June 1. Last month, the Community Liaison Committee reestablished with over 80 representatives after dissolving late last year with the change in government.
Nationwide protests broke out last October after Burkina Faso's former President Blaise Compaoré tried to amend the national constitution to allow him to extend his 27-year rule by another 5 years. A stable, transitional government currently rules Burkina Faso. The CLC, originally created in 2012, serves as an effective forum for dialogue and issue resolution regarding the Karma gold project. These are positive developments, and significantly de-risks the gold project.
The next big risk event is Burkina Faso's general elections next month, on October 11. Burkina Faso's Constitutional Council revised the electoral code to exclude any candidate that had supported Compaoré's plan to change the constitution to allow him to extend his term. Any participants of the former ruling party (Congress for Democracy and Progress) also cannot take part in the election. These actions significantly reduce the risk of a turbulent transitional government and corruption. A free and fair election next month is a positive milestone in the country's effort for true democracy.
Burkina Faso's transitional government passed a new mining code on June 26 that eliminated a previous 10% tax discount on mining profits. Miners in Burkina Faso have benefited from corporate tax rates lower than other West African nations until now. The new mining code enforces companies with exploitation permits will pay the normal tax rate on profits of 27.5%. How does this affect True Gold? The government granted True Gold its exploitation permit under the 2003 mining code, thus the corporate tax rate that the company expects to pay on mining profits stays unchanged at 17.5%.
As part of the updated mining code, all miners, including True Gold, must pay a new 1% royalty to support the development of local communities. We calculated this new royalty into our DCF analysis when computing cash flows for each year based on a $1,200 an ounce gold price. The Karma gold project is fully funded to initial production, with up to $48.4 million available under the $100 million gold stream facility with Franco-Nevada and Sandstorm Gold. This, coupled with $30.5 million in cash (as of July 31) and the option to increase funding by up to $20 million as part of the gold stream agreement, gives True Gold adequate financial resources to develop the gold mine.
Valuation: Insiders are buying
Our valuation of True Gold Mining brings us to a corporate NAVPS of $0.52 (C$0.68) per share. After applying a 0.9x P/NAV multiple to account for country risk, financial risk and execution risk, we arrive at a target price of $0.50 (C$0.60) per share (rounded to the nearest whole common share). Our target price supports our HOLD rating. The price of gold is the largest risk to our valuation, as lower gold prices significantly decreases our cash flow projections in our DCF analysis.
Figure 1: NAV analysis and target price generation.
Figure 2: NAV and target price generation in Canadian dollars.
Figure 3: True Gold Mining stock price on the TSX Venture. Source: Yahoo! Finance
The U.S. central bank has scheduled a two-day policy meeting on September 16-17 where the Fed may raise interest rates for the first time since June 2006. An increase in interest rates is a negative for gold prices, as investment demand will shift to yield-bearing assets such as bonds and equities. We expect gold investors to monitor next week's Fed event very closely. If the Fed moves to normalize rates, we expect a higher U.S. dollar and another leg down in gold. It could provide a good opportunity to purchase depressed gold stocks, such as True Gold Mining.
There have been signs of insider buying activity in the company from CEO Christian Milau and VP of Business Development Alexander Holmes on September 2. Mr. Milau purchased 100,000 common shares in the public market for C$0.18 and Mr. Holmes purchased 60,000 common shares for C$0.185. Insider buying reflects confidence regarding the company's direction. The act of investing personal capital into the company is a positive takeaway.
Ultra Lithium (TSX: V.ULI, Forum) popped today in the markets on high volume with no news leaving some investors stumped as to why all the action. One reason may be the company is holding property in Nevada, more specifically the Big Smoky Valley Lithium Project, and with all the hub bub about Tesla’s gigafactory and Musk’s wish to source a local lithium supply, everyone operating in the state is seeing some movement. Also lithium stocks in general are becoming a hot commodity. For those reasons, traders should be practicing some caution before leaping on the band wagon. Shares were up 200.00% to $0.015 per share.
Ultra Lithium receives board approval for 1:10 rollback
2015-09-11 19:07 ET - News Release
ULTRA LITHIUM ANNOUNCES SHARE CONSOLIDATION
Ultra Lithium Inc.'s board of directors has voted to consolidate the share capital of the company on the basis of one new share of the company for 10 common shares. The company currently has 232,622,505 common shares outstanding and will have 23,262,251 common shares outstanding after the consolidation. The board of directors anticipates the consolidation will further assist the company to obtain additional financing.
The consolidation is subject to acceptance of filing with the TSX Venture Exchange.
Ultra Lithium receives board approval for 1:10 rollback
2015-09-11 19:07 ET - News Release
ULTRA LITHIUM ANNOUNCES SHARE CONSOLIDATION
Ultra Lithium Inc.'s board of directors has voted to consolidate the share capital of the company on the basis of one new share of the company for 10 common shares. The company currently has 232,622,505 common shares outstanding and will have 23,262,251 common shares outstanding after the consolidation. The board of directors anticipates the consolidation will further assist the company to obtain additional financing.
The consolidation is subject to acceptance of filing with the TSX Venture Exchange.
[url=http://peketec.de/trading/viewtopic.php?p=1622849#1622849 schrieb:greenhorn schrieb am 11.09.2015, 17:36 Uhr[/url]"]wird Lithium nun wirklich der nächste Renner
[url=http://peketec.de/trading/viewtopic.php?p=1622834#1622834 schrieb:
Guten Morgen Rasselbande! 06:30 - JP Industrieproduktion August
• 10:00 - IT Verbraucherpreise August
• 11:00 - ! EU Industrieproduktion Juli
es ist mir eine Ehre mit Euch hier mitwirken zu können und es macht weiterhin Freude!
Erst Hochprozentiges jetzt Anrüchiges!!
[url=http://peketec.de/trading/viewtopic.php?p=1622896#1622896 schrieb:Fischlaender schrieb am 11.09.2015, 22:32 Uhr[/url]"]Respekt!
[url=http://peketec.de/trading/viewtopic.php?p=1622882#1622882 schrieb:Kostolanys Erbe schrieb am 11.09.2015, 19:48 Uhr[/url]"]
[url=http://peketec.de/trading/viewtopic.php?p=1622871#1622871 schrieb:Ollinho schrieb am 11.09.2015, 18:03 Uhr[/url]"]:shock: :shock: :shock:
Greenie hat die Hosen voll gemacht!!! Glatt übersehen....
Glückwunsch zum grossen Haufen und Respekt vor deiner Leistung hier!!
[url=http://peketec.de/trading/viewtopic.php?p=1622859#1622859 schrieb:greenhorn schrieb am 11.09.2015, 17:51 Uhr[/url]"]
NMI - 
September 14, 2015 07:30 ET
Newmarket Gold Continues to Intercept High-Grade Visible Gold Mineralization at Fosterville Eagle Fault Discovery, Strong Potential to Increase Mineral Resources
http://www.marketwired.com/press-re...ineralization-fosterville-tsx-nmi-2054943.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 14, 2015) - Newmarket Gold ("Newmarket" or the "Company")(TSX:NMI) is pleased to announce positive drill results from an additional 28 holes, totaling 7,157 metres (m), at the Fosterville Gold Mine, Victoria, Australia. These holes represent the balance of the first half of Fosterville's 2015 exploration program. Drilling outside of current mineral resources focused on further defining and exploring targets on the Phoenix, Lower Phoenix, Lower Phoenix Footwall, East Dipping, Kestrel and newly identified Eagle Faults (Figures 1, 2 and 3). Drill results include continued intercepts of high-grade gold mineralization with the Eagle Fault discovery returning intervals of significant visible gold. To date, drill results indicate the continuance of high-grade zones to depth and suggest strong potential to increase Fosterville's Mineral Reserves and Resources.
September 14, 2015 07:30 ET
Newmarket Gold Continues to Intercept High-Grade Visible Gold Mineralization at Fosterville Eagle Fault Discovery, Strong Potential to Increase Mineral Resources
http://www.marketwired.com/press-re...ineralization-fosterville-tsx-nmi-2054943.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 14, 2015) - Newmarket Gold ("Newmarket" or the "Company")(TSX:NMI) is pleased to announce positive drill results from an additional 28 holes, totaling 7,157 metres (m), at the Fosterville Gold Mine, Victoria, Australia. These holes represent the balance of the first half of Fosterville's 2015 exploration program. Drilling outside of current mineral resources focused on further defining and exploring targets on the Phoenix, Lower Phoenix, Lower Phoenix Footwall, East Dipping, Kestrel and newly identified Eagle Faults (Figures 1, 2 and 3). Drill results include continued intercepts of high-grade gold mineralization with the Eagle Fault discovery returning intervals of significant visible gold. To date, drill results indicate the continuance of high-grade zones to depth and suggest strong potential to increase Fosterville's Mineral Reserves and Resources.
Red Eagle Mining to acquire CB Gold and reminds shareholders to tender today
VANCOUVER, Sept. 14, 2015 /CNW/ - Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) intends to acquire all of the issued and outstanding common shares ("Shares") of CB Gold Inc. ("CB Gold") tendered to its share exchange takeover bid (the "Offer") at close of business today.
61% of independent shareholders have tendered their CB Gold Shares to Red Eagle Mining's Offer, while only 6% have been tendered to Batero's bid.
Overall, holders of 45% of CB Gold Shares have already tendered their Shares to Red Eagle Mining's Offer.
Eight out of nine of the largest independent CB Gold shareholders have tendered their Shares to Red Eagle Mining's Offer.
The Commission has granted a cease trade order with respect to CB Gold's shareholder rights plan. Red Eagle Mining is now in a position to, and intends to, take up all Shares tendered today.
The Offer expires today, September 14, 2015, at 4:00 PM Eastern Time. Shares not tendered to the Red Eagle Mining Offer should be tendered as early in the day as possible. No further action is required for Shares which have already been tendered.
VANCOUVER, Sept. 14, 2015 /CNW/ - Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) intends to acquire all of the issued and outstanding common shares ("Shares") of CB Gold Inc. ("CB Gold") tendered to its share exchange takeover bid (the "Offer") at close of business today.
61% of independent shareholders have tendered their CB Gold Shares to Red Eagle Mining's Offer, while only 6% have been tendered to Batero's bid.
Overall, holders of 45% of CB Gold Shares have already tendered their Shares to Red Eagle Mining's Offer.
Eight out of nine of the largest independent CB Gold shareholders have tendered their Shares to Red Eagle Mining's Offer.
The Commission has granted a cease trade order with respect to CB Gold's shareholder rights plan. Red Eagle Mining is now in a position to, and intends to, take up all Shares tendered today.
The Offer expires today, September 14, 2015, at 4:00 PM Eastern Time. Shares not tendered to the Red Eagle Mining Offer should be tendered as early in the day as possible. No further action is required for Shares which have already been tendered.
Kostolanys Erbe
RohstoffExperte
Ort:
Im schönsten Bundesland zwischen Nord- und Ostsee.
Beiträge:
11.152
Trades:
4
Sabina Gold & Silver releases 43-101 Back River FS
2015-09-14 08:44 ET - News Release
Mr. Bruce McLeod reports
SABINA GOLD & SILVER ANNOUNCES POSITIVE INITIAL PROJECT FEASIBILITY STUDY ON BACK RIVER GOLD PROJECT, NUNAVUT
Sabina Gold & Silver Corp. has received the results of the initial project feasibility study for its 100-per-cent-owned Back River gold project in Nunavut, Canada.
"We believe this FS demonstrates that Back River is one of the best gold development projects in our sector. At approximately six grams per tonne gold, I believe it contains the highest-grade undeveloped open pits in North America," said Bruce McLeod, president and chief executive officer. "We have completed two feasibility studies on the project focused on two scenarios: a 6,000-tonne-per-day operation (6KFS) and, in this most recent study, a 3,000 tpd operation. Both of these studies delivered very positive economic results which demonstrate the optionality of these high-grade continuous deposits. The 3,000 tpd FS is the most compelling opportunity for Sabina in this current market environment. Utilizing higher cut-off grades it would enable us to mine our initial open-pit reserves while preserving opportunities for future underground expansion in the same deposits along with other existing project resources not in the current mine plan.
"The fit-for-purpose FS delivers significant gold production of approximately 250,000 ounces Au per year through years one to eight and approximately 200,000 ounces per year life of mine with the majority of production coming from three open pits within approximately three kilometres of the process plant. This scenario provides a lower execution risk for the company by simplifying the mine plan and significantly reducing the capital expenditures as we evolve from developer to producer. Back River is a large and emerging mining district controlled 100 per cent by Sabina with significant recent discoveries as well as many years of exploration potential. We are very excited about our path forward."
A unique feature of the Back River project is the combination of high-grade open-pit and underground resources. These resources offer the optionality to selectively mine and process higher-grade zones through the utilization of a higher cut-off grade, providing an opportunity to start smaller at Back River without significantly sterilizing remaining resources in the existing deposits.
The FS was commenced following the completion of the 6KFS entitled "Technical Report and Feasibility Study for the Back River Gold Property, Nunavut," dated June 22, 2015, and filed on SEDAR. This study indicates the project could generate a posttax internal rate of return of 24.2 per cent and net present value (5 per cent) of $480.3-million with a rapid pay back of 2.9 years. The FS is based on a processing rate of 3,000 tpd with an average head grade of 6.3 grams per tonne gold, producing an average of 198,100 ounces Au per year over an 11.8-year mine life at a life-of-mine cash cost of $534 (U.S.)/ounce Au. Initial capital for the project is estimated at $415-million with sustaining capital of $185-million.
Permitting
The Back River project commenced its formal environmental assessment in 2012 and is currently approximately 75 per cent through the process. The company plans on filing its final environmental impact statement to the Nunavut Impact Review Board (NIRB) in November of this year, following which, after review by all intervenors, final public hearings are anticipated to be held in Cambridge Bay in first quarter 2016. The company anticipates receiving a project certificate from the Minister of Aboriginal and Northern Affairs Canada during second quarter 2016. Receipt of a project certificate is the most significant milestone in the project authorizations process in Nunavut.
Back River -- future potential
The Back River gold project is located in the West Kitikmeot region of Nunavut, Canada, one of the world's safest mining jurisdictions. It is situated approximately 75 kilometres from tidewater at Bathurst Inlet. The project is made up of a series of five claim blocks underlain by favourable banded iron formation host rock, of which only two (Goose and George) have been the primary focus of exploration and resource development to date. Of the approximately 80 km of favourable stratigraphy in the district, the existing resources are located on only approximately 10 km.
The significant resource growth that the project has seen in the last five years and the evolving exploration potential, in both the banded iron formation and enveloping sediments at the project, demonstrate that Back River has potential to become a world-class gold-mining district controlled 100 per cent by Sabina.
In contrast to the 6KFS, the FS contemplates mining only at the Goose property within the open pits at the Goose Main, Umwelt and Llama deposits, and the underground at Umwelt. Approximately 72 per cent of the reserves would be mined by open-pit methods. All of these deposits also have considerable inferred ounces currently defined at depth, and all of the deposits are open at depth and along strike. The Echo underground deposit at the Goose property (not in the current mine plan) also offers immediate potential for future mill feed from the Goose property.
The George property, which contains indicated resources of 6.4 million tonnes grading 5.55 g/t Au for 1.1 million ounces and additional inferred resources of 4.8 million tonnes grading 6.32 g/t Au for 980,000 ounces, is located approximately 50 km to the north of Goose (see the table for certain key assumptions and parameters in respect of these resource estimates). These well drilled resources also demonstrate sources for future mining in the district with minimal additional work.
Additionally, exploration work has been continuing to identify new targets for future drilling and Sabina now has over 50 targets that have been developed and prioritized on the George and Goose properties alone. The other claim blocks at Back River, all hosting numerous gold showings, have seen less work and are relatively unexplored.
Initial project feasibility study highlights
The FS was initiated in June, 2015, by the same consultants that completed the 6KFS led by JDS Energy & Mining Inc. (mining, on-site infrastructure, off-site infrastructure, logistics, capital costs, operating costs, financial analysis and report preparation) and contributed to by Hatch Ltd. (processing and layout), Canenco Canada Inc. (metallurgy and gold recoveries), SRK Consulting (Canada) Inc. (geotechnical, hydrology, tailings, waste and water management), AMC Mining Consultants (Canada) Ltd. (geology) and Knight Piesold Ltd. (KP) (geomechanical). All consultants have extensive Arctic experience.
The study's highlights include:
The project could generate a posttax internal rate of return of 24.2 per cent and net present value (at a 5-per-cent discount rate) of $480.3-million;
The project could generate LOM posttax net cash flow of $782-million on gross revenues of $3.2-billion with a payback period of 2.9 years (from start of operations);
A processing rate of 3,000 tpd could produce an average of approximately 198,000 ounces Au per year over an 11.8-year mine life (upon commencement of commercial production), with an average of approximately 244,000 ounces Au per year for the first eight years;
The majority of production from open pit (72 per cent LOM), with no underground production scheduled until year three (after payback);
Initial capital estimate of $415-million and sustaining capital estimate of $185-million;
Total LOM cash cost estimate of $534 (U.S.)/ounce Au (including third party royalties, refining and transport). LOM all-in sustaining cash cost estimate of $620 (U.S.)/ounce Au LOM (including sustaining capital and closure costs);
A total of 12.4 million tonnes of ore could be milled over 11.8 years with a LOM average grade of 6.3 grams per tonne Au and metallurgical recoveries of 93 per cent;
Base-case assumptions of delivered diesel price of 91 cents/litre for power generation;
Open-pit strip ratio of 10.5 over LOM.
.................
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aSBB-2310912&symbol=SBB®ion=C
2015-09-14 08:44 ET - News Release
Mr. Bruce McLeod reports
SABINA GOLD & SILVER ANNOUNCES POSITIVE INITIAL PROJECT FEASIBILITY STUDY ON BACK RIVER GOLD PROJECT, NUNAVUT
Sabina Gold & Silver Corp. has received the results of the initial project feasibility study for its 100-per-cent-owned Back River gold project in Nunavut, Canada.
"We believe this FS demonstrates that Back River is one of the best gold development projects in our sector. At approximately six grams per tonne gold, I believe it contains the highest-grade undeveloped open pits in North America," said Bruce McLeod, president and chief executive officer. "We have completed two feasibility studies on the project focused on two scenarios: a 6,000-tonne-per-day operation (6KFS) and, in this most recent study, a 3,000 tpd operation. Both of these studies delivered very positive economic results which demonstrate the optionality of these high-grade continuous deposits. The 3,000 tpd FS is the most compelling opportunity for Sabina in this current market environment. Utilizing higher cut-off grades it would enable us to mine our initial open-pit reserves while preserving opportunities for future underground expansion in the same deposits along with other existing project resources not in the current mine plan.
"The fit-for-purpose FS delivers significant gold production of approximately 250,000 ounces Au per year through years one to eight and approximately 200,000 ounces per year life of mine with the majority of production coming from three open pits within approximately three kilometres of the process plant. This scenario provides a lower execution risk for the company by simplifying the mine plan and significantly reducing the capital expenditures as we evolve from developer to producer. Back River is a large and emerging mining district controlled 100 per cent by Sabina with significant recent discoveries as well as many years of exploration potential. We are very excited about our path forward."
A unique feature of the Back River project is the combination of high-grade open-pit and underground resources. These resources offer the optionality to selectively mine and process higher-grade zones through the utilization of a higher cut-off grade, providing an opportunity to start smaller at Back River without significantly sterilizing remaining resources in the existing deposits.
The FS was commenced following the completion of the 6KFS entitled "Technical Report and Feasibility Study for the Back River Gold Property, Nunavut," dated June 22, 2015, and filed on SEDAR. This study indicates the project could generate a posttax internal rate of return of 24.2 per cent and net present value (5 per cent) of $480.3-million with a rapid pay back of 2.9 years. The FS is based on a processing rate of 3,000 tpd with an average head grade of 6.3 grams per tonne gold, producing an average of 198,100 ounces Au per year over an 11.8-year mine life at a life-of-mine cash cost of $534 (U.S.)/ounce Au. Initial capital for the project is estimated at $415-million with sustaining capital of $185-million.
Permitting
The Back River project commenced its formal environmental assessment in 2012 and is currently approximately 75 per cent through the process. The company plans on filing its final environmental impact statement to the Nunavut Impact Review Board (NIRB) in November of this year, following which, after review by all intervenors, final public hearings are anticipated to be held in Cambridge Bay in first quarter 2016. The company anticipates receiving a project certificate from the Minister of Aboriginal and Northern Affairs Canada during second quarter 2016. Receipt of a project certificate is the most significant milestone in the project authorizations process in Nunavut.
Back River -- future potential
The Back River gold project is located in the West Kitikmeot region of Nunavut, Canada, one of the world's safest mining jurisdictions. It is situated approximately 75 kilometres from tidewater at Bathurst Inlet. The project is made up of a series of five claim blocks underlain by favourable banded iron formation host rock, of which only two (Goose and George) have been the primary focus of exploration and resource development to date. Of the approximately 80 km of favourable stratigraphy in the district, the existing resources are located on only approximately 10 km.
The significant resource growth that the project has seen in the last five years and the evolving exploration potential, in both the banded iron formation and enveloping sediments at the project, demonstrate that Back River has potential to become a world-class gold-mining district controlled 100 per cent by Sabina.
In contrast to the 6KFS, the FS contemplates mining only at the Goose property within the open pits at the Goose Main, Umwelt and Llama deposits, and the underground at Umwelt. Approximately 72 per cent of the reserves would be mined by open-pit methods. All of these deposits also have considerable inferred ounces currently defined at depth, and all of the deposits are open at depth and along strike. The Echo underground deposit at the Goose property (not in the current mine plan) also offers immediate potential for future mill feed from the Goose property.
The George property, which contains indicated resources of 6.4 million tonnes grading 5.55 g/t Au for 1.1 million ounces and additional inferred resources of 4.8 million tonnes grading 6.32 g/t Au for 980,000 ounces, is located approximately 50 km to the north of Goose (see the table for certain key assumptions and parameters in respect of these resource estimates). These well drilled resources also demonstrate sources for future mining in the district with minimal additional work.
Additionally, exploration work has been continuing to identify new targets for future drilling and Sabina now has over 50 targets that have been developed and prioritized on the George and Goose properties alone. The other claim blocks at Back River, all hosting numerous gold showings, have seen less work and are relatively unexplored.
Initial project feasibility study highlights
The FS was initiated in June, 2015, by the same consultants that completed the 6KFS led by JDS Energy & Mining Inc. (mining, on-site infrastructure, off-site infrastructure, logistics, capital costs, operating costs, financial analysis and report preparation) and contributed to by Hatch Ltd. (processing and layout), Canenco Canada Inc. (metallurgy and gold recoveries), SRK Consulting (Canada) Inc. (geotechnical, hydrology, tailings, waste and water management), AMC Mining Consultants (Canada) Ltd. (geology) and Knight Piesold Ltd. (KP) (geomechanical). All consultants have extensive Arctic experience.
The study's highlights include:
The project could generate a posttax internal rate of return of 24.2 per cent and net present value (at a 5-per-cent discount rate) of $480.3-million;
The project could generate LOM posttax net cash flow of $782-million on gross revenues of $3.2-billion with a payback period of 2.9 years (from start of operations);
A processing rate of 3,000 tpd could produce an average of approximately 198,000 ounces Au per year over an 11.8-year mine life (upon commencement of commercial production), with an average of approximately 244,000 ounces Au per year for the first eight years;
The majority of production from open pit (72 per cent LOM), with no underground production scheduled until year three (after payback);
Initial capital estimate of $415-million and sustaining capital estimate of $185-million;
Total LOM cash cost estimate of $534 (U.S.)/ounce Au (including third party royalties, refining and transport). LOM all-in sustaining cash cost estimate of $620 (U.S.)/ounce Au LOM (including sustaining capital and closure costs);
A total of 12.4 million tonnes of ore could be milled over 11.8 years with a LOM average grade of 6.3 grams per tonne Au and metallurgical recoveries of 93 per cent;
Base-case assumptions of delivered diesel price of 91 cents/litre for power generation;
Open-pit strip ratio of 10.5 over LOM.
.................
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aSBB-2310912&symbol=SBB®ion=C
Kostolanys Erbe
RohstoffExperte
Ort:
Im schönsten Bundesland zwischen Nord- und Ostsee.
Beiträge:
11.152
Trades:
4
Volumen bei CCM:13:17:58 T 0.06 0.01 1,000 1 Anonymous 39 Merrill Lynch
13:17:58 T 0.06 0.01 12,000 1 Anonymous 1 Anonymous
12:12:37 T 0.055 0.005 6,000 7 TD Sec 85 Scotia
12:12:37 T 0.055 0.005 2,000 79 CIBC 85 Scotia
12:05:29 T 0.06 0.01 8,000 124 Questrade 1 Anonymous
10:54:42 T 0.06 0.01 2,580,000 27 Dundee 1 Anonymous
10:54:42 T 0.06 0.01 1,000 27 Dundee 39 Merrill Lynch
10:54:42 T 0.06 0.01 3,000 27 Dundee 39 Merrill Lynch
10:54:42 T 0.06 0.01 20,000 27 Dundee 2 RBC
10:54:42 T 0.06 0.01 40,000 27 Dundee 1 Anonymous
Kostolanys Erbe
RohstoffExperte
Ort:
Im schönsten Bundesland zwischen Nord- und Ostsee.
Beiträge:
11.152
Trades:
4
East Africa drills four m of 111.6 g/t Au at Harvest
2015-09-14 06:20 ET - News Release
Mr. Andrew Smith reports
EAST AFRICA METALS' DRILLING RESULTS, HARVEST PROJECT, NORTHERN ETHIOPIA
East Africa Metals Inc. has released final assay results for a completed reverse circulation drill program at the Terakimti volcanogenic massive sulphide deposit on the Harvest project, northern Ethiopia. The 20-metre-by-20-metre-spaced resource drill-out specifically targeted the gold and gold-silver oxide portion of the deposit and totalled 6,190 metres of drilling in 125 holes. The assay results have now been received for all drill holes in the program. Preliminary results have also been received for four exploration reverse circulation drill holes at the Lihamat and Adi Asgedom gold prospects.
Highlights from resource drilling of the oxide component of the Terakimti VMS deposit include:
20.0 metres grading 8.92 grams per tonne gold and 24.3 grams per tonne silver from 24.0 metres drill depth (TRC085A);
14.0 metres grading 5.29 grams per tonne gold and 169.7 grams per tonne silver from 33.0 metres drill depth;
22.0 metres grading 7.34 grams per tonne gold and 1.3 grams per tonne silver from surface (TRC109).
Highlights from first-pass exploration drill targeting at the Lihamat gold prospect, approximately 2.9 kilometres northeast of Terakimti, include:
Four metres grading 111.6 grams per tonne gold from 24.0 metres drill depth and four metres grading 4.45 grams per tonne gold from 56 metres drill depth (LRC003).
Terakimti
The 20 m by 20 m spaced RC oxide drill program has been completed, and revision of the oxide portion of the initial independent gold-silver-base-metal resource is in progress. The drilling has continued to highlight well-developed zones of gold mineralization along the length of the deposit. More detailed metallurgical testwork will follow the revision of the oxide resource. Highlight intersections from the most recent Terakimti drill results are shown in the table.
TERAKIMTI DEPOSIT SELECTED RC INFILL HOLES
Hole ID From To Interval Gold Silver
(m) (m) (m) (g/t) (g/t)
TRC085A 24.00 44.00 20.00 8.92 24.3
including 35.00 39.00 4.00 21.60 49.1
TRC092 12.00 24.00 12.00 7.54 7.8
TRC095 33.00 47.00 14.00 5.29 169.7
including 39.00 47.00 8.00 6.30 280.6
TRC096 23.00 45.00 22.00 5.95 23.8
including 37.00 45.00 8.00 4.80 46.9
TRC098 0.00 13.00 13.00 4.44 3.4
TRC099 40.00 57.00 17.00 3.72 43.5
TRC100 0.00 10.00 10.00 13.03 4.0
15.00 28.00 13.00 1.29 3.2
TRC109 0.00 22.00 22.00 7.34 1.3
TRC113 10.00 19.00 9.00 6.44 1.7
23.00 34.00 11.00 0.67 1.3
38.00 48.00 10.00 1.23 21.8
including 43.00 45.00 2.00 3.61 37.2
TRC118 20.00 27.00 7.00 14.31 22.8
TRC120 17.00 38.00 21.00 3.49 5.5
Hole ID Copper Zinc
(%) (%)
TRC085A 0.03 0.01
including 0.01 0.00
TRC092 0.10 0.02
TRC095 0.02 0.01
including 0.01 0.01
TRC096 0.02 0.01
including 0.01 0.00
TRC098 0.18 0.03
TRC099 0.01 0.00
TRC100 0.03 0.04
0.04 0.03
TRC109 0.11 0.09
TRC113 0.06 0.04
0.03 0.01
0.01 0.00
including 0.01 0.00
TRC118 0.03 0.01
TRC120 0.08 0.02
(1) True thicknesses are interpreted as 60 to 100 per cent of stated
intervals.
(2) Intervals use a 0.3-gram-per-tonne-gold cut-off value, for
gold-only intervals.
(3) No top cut has been used on assay values.
(4) True thicknesses are interpreted as 60 to 90 per cent of stated
intervals.
(5) The interval is a four-metre composite sample, resulting from
compositing four one-metre samples. Additional sampling (splitting to
one-metre sample intervals) will be required to identify the more
definitive source location of the mineralization in the stated
interval.
Lihamat and Adi Asgedom
A total of 354 metres of exploration RC drilling has been completed in three holes at the Lihamat gold prospect, approximately 2.9 kilometres northeast of Terakimti, and one hole was completed at the nearby Adi Asgedom prospect. The drill holes tested mineralization below artisanal workings which have exploited high-grade gold-bearing quartz veins. All drill holes were composite sampled, where four individual one-metre samples were composited together into one sample for assay. These will be individually sampled (riffle split) for all composite samples containing gold grade of greater than 0.3 gram per tonne.
LRC003 at Lihamat intersected four metres grading 111.6 grams per tonne gold, from 24 metres drill depth, and four metres grading 4.45 grams per tonne gold from 56 metres drill depth. Additional splits (of individual one m samples) will be conducted on the mineralized zones. The mineralization is interpreted to be related to zones of quartz veining with disseminated pyrite within intense silica alteration of a quartz porphyry intrusion.
Forward program
East Africa Metals intends to commence a diamond drill program in the last quarter of 2015 to conduct infill and extension drilling of the gold-copper resources at Mato Bula and Da Tambuk. The company will continue to advance both the Harvest and Adyabo projects, through detailed metallurgical testwork and engineering studies at Terakimti, following revision of the current resource and upgrading of the resource at Adyabo through infill and extensional diamond drilling.
Quality control
The planning, execution and monitoring of East Africa's drilling and quality control programs at the Harvest and Adyabo projects have been conducted under the supervision of Jeff Heidema, PGeo, East Africa's vice-president, exploration. Mr. Heidema is a qualified person as defined by National Instrument 43-101. Diamond and RC drilling was co-ordinated by East Africa contract geologists, who also managed the preparation, logging and sampling of core and rock samples, in addition to carrying out bulk density measurements. During sampling, quality control standards and blanks were introduced at predetermined intervals to monitor laboratory performance. A system of field, reject and pulp sample duplicates was also incorporated, as were specific programs of reassaying and umpire lab assaying to both monitor laboratory performance and also characterize potential mineralization; all consistent with industry best practice.
Drill core, RC and rock samples have undergone preliminary preparation at the Bureau Veritas Mineral Laboratories facility in Ankara, Turkey, and are crushed to 80 per cent passing 10 mesh and pulverized to 85 per cent passing 200 mesh (PRP70-1KG package). Analyses are conducted at Bureau Veritas Mineral Laboratories in Vancouver, Canada, with diamond drill core analyses utilizing aqua regia digestion and ICP-ES for base metal and silver analyses (AQ370 package), and RC samples utilizing aqua regia digestion and ICP-MS/ICP-ES (AQ270 package) for base metal and silver analyses. Gold analyses are conducted via fire assay fusion with AA finish, and gravimetric analyses are completed for overlimit samples (FA430, FA530-Au packages).
Information recorded from diamond drill core, RC logging and assaying was integrated using industry-standard data management software (Maxwell Datashed).
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aEAM-2310836&symbol=EAM®ion=C
2015-09-14 06:20 ET - News Release
Mr. Andrew Smith reports
EAST AFRICA METALS' DRILLING RESULTS, HARVEST PROJECT, NORTHERN ETHIOPIA
East Africa Metals Inc. has released final assay results for a completed reverse circulation drill program at the Terakimti volcanogenic massive sulphide deposit on the Harvest project, northern Ethiopia. The 20-metre-by-20-metre-spaced resource drill-out specifically targeted the gold and gold-silver oxide portion of the deposit and totalled 6,190 metres of drilling in 125 holes. The assay results have now been received for all drill holes in the program. Preliminary results have also been received for four exploration reverse circulation drill holes at the Lihamat and Adi Asgedom gold prospects.
Highlights from resource drilling of the oxide component of the Terakimti VMS deposit include:
20.0 metres grading 8.92 grams per tonne gold and 24.3 grams per tonne silver from 24.0 metres drill depth (TRC085A);
14.0 metres grading 5.29 grams per tonne gold and 169.7 grams per tonne silver from 33.0 metres drill depth;
22.0 metres grading 7.34 grams per tonne gold and 1.3 grams per tonne silver from surface (TRC109).
Highlights from first-pass exploration drill targeting at the Lihamat gold prospect, approximately 2.9 kilometres northeast of Terakimti, include:
Four metres grading 111.6 grams per tonne gold from 24.0 metres drill depth and four metres grading 4.45 grams per tonne gold from 56 metres drill depth (LRC003).
Terakimti
The 20 m by 20 m spaced RC oxide drill program has been completed, and revision of the oxide portion of the initial independent gold-silver-base-metal resource is in progress. The drilling has continued to highlight well-developed zones of gold mineralization along the length of the deposit. More detailed metallurgical testwork will follow the revision of the oxide resource. Highlight intersections from the most recent Terakimti drill results are shown in the table.
TERAKIMTI DEPOSIT SELECTED RC INFILL HOLES
Hole ID From To Interval Gold Silver
(m) (m) (m) (g/t) (g/t)
TRC085A 24.00 44.00 20.00 8.92 24.3
including 35.00 39.00 4.00 21.60 49.1
TRC092 12.00 24.00 12.00 7.54 7.8
TRC095 33.00 47.00 14.00 5.29 169.7
including 39.00 47.00 8.00 6.30 280.6
TRC096 23.00 45.00 22.00 5.95 23.8
including 37.00 45.00 8.00 4.80 46.9
TRC098 0.00 13.00 13.00 4.44 3.4
TRC099 40.00 57.00 17.00 3.72 43.5
TRC100 0.00 10.00 10.00 13.03 4.0
15.00 28.00 13.00 1.29 3.2
TRC109 0.00 22.00 22.00 7.34 1.3
TRC113 10.00 19.00 9.00 6.44 1.7
23.00 34.00 11.00 0.67 1.3
38.00 48.00 10.00 1.23 21.8
including 43.00 45.00 2.00 3.61 37.2
TRC118 20.00 27.00 7.00 14.31 22.8
TRC120 17.00 38.00 21.00 3.49 5.5
Hole ID Copper Zinc
(%) (%)
TRC085A 0.03 0.01
including 0.01 0.00
TRC092 0.10 0.02
TRC095 0.02 0.01
including 0.01 0.01
TRC096 0.02 0.01
including 0.01 0.00
TRC098 0.18 0.03
TRC099 0.01 0.00
TRC100 0.03 0.04
0.04 0.03
TRC109 0.11 0.09
TRC113 0.06 0.04
0.03 0.01
0.01 0.00
including 0.01 0.00
TRC118 0.03 0.01
TRC120 0.08 0.02
(1) True thicknesses are interpreted as 60 to 100 per cent of stated
intervals.
(2) Intervals use a 0.3-gram-per-tonne-gold cut-off value, for
gold-only intervals.
(3) No top cut has been used on assay values.
(4) True thicknesses are interpreted as 60 to 90 per cent of stated
intervals.
(5) The interval is a four-metre composite sample, resulting from
compositing four one-metre samples. Additional sampling (splitting to
one-metre sample intervals) will be required to identify the more
definitive source location of the mineralization in the stated
interval.
Lihamat and Adi Asgedom
A total of 354 metres of exploration RC drilling has been completed in three holes at the Lihamat gold prospect, approximately 2.9 kilometres northeast of Terakimti, and one hole was completed at the nearby Adi Asgedom prospect. The drill holes tested mineralization below artisanal workings which have exploited high-grade gold-bearing quartz veins. All drill holes were composite sampled, where four individual one-metre samples were composited together into one sample for assay. These will be individually sampled (riffle split) for all composite samples containing gold grade of greater than 0.3 gram per tonne.
LRC003 at Lihamat intersected four metres grading 111.6 grams per tonne gold, from 24 metres drill depth, and four metres grading 4.45 grams per tonne gold from 56 metres drill depth. Additional splits (of individual one m samples) will be conducted on the mineralized zones. The mineralization is interpreted to be related to zones of quartz veining with disseminated pyrite within intense silica alteration of a quartz porphyry intrusion.
Forward program
East Africa Metals intends to commence a diamond drill program in the last quarter of 2015 to conduct infill and extension drilling of the gold-copper resources at Mato Bula and Da Tambuk. The company will continue to advance both the Harvest and Adyabo projects, through detailed metallurgical testwork and engineering studies at Terakimti, following revision of the current resource and upgrading of the resource at Adyabo through infill and extensional diamond drilling.
Quality control
The planning, execution and monitoring of East Africa's drilling and quality control programs at the Harvest and Adyabo projects have been conducted under the supervision of Jeff Heidema, PGeo, East Africa's vice-president, exploration. Mr. Heidema is a qualified person as defined by National Instrument 43-101. Diamond and RC drilling was co-ordinated by East Africa contract geologists, who also managed the preparation, logging and sampling of core and rock samples, in addition to carrying out bulk density measurements. During sampling, quality control standards and blanks were introduced at predetermined intervals to monitor laboratory performance. A system of field, reject and pulp sample duplicates was also incorporated, as were specific programs of reassaying and umpire lab assaying to both monitor laboratory performance and also characterize potential mineralization; all consistent with industry best practice.
Drill core, RC and rock samples have undergone preliminary preparation at the Bureau Veritas Mineral Laboratories facility in Ankara, Turkey, and are crushed to 80 per cent passing 10 mesh and pulverized to 85 per cent passing 200 mesh (PRP70-1KG package). Analyses are conducted at Bureau Veritas Mineral Laboratories in Vancouver, Canada, with diamond drill core analyses utilizing aqua regia digestion and ICP-ES for base metal and silver analyses (AQ370 package), and RC samples utilizing aqua regia digestion and ICP-MS/ICP-ES (AQ270 package) for base metal and silver analyses. Gold analyses are conducted via fire assay fusion with AA finish, and gravimetric analyses are completed for overlimit samples (FA430, FA530-Au packages).
Information recorded from diamond drill core, RC logging and assaying was integrated using industry-standard data management software (Maxwell Datashed).
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aEAM-2310836&symbol=EAM®ion=C
Guten Morgen! - ! JP BoJ Sitzungsergebnis
• 03:30 - AU Neuwagenverkäufe August
• 08:00 - ! DE Beschäftigte verarb. Gewerbe Juli
• 08:00 - ! EU ACEA Kfz-Neuzulassungen Juli
• 08:00 - ! EU ACEA Kfz-Neuzulassungen August
• 08:45 - FR Verbraucherpreise August
• 09:15 - CH Erzeuger- u. Importpreise August
• 11:00 - ! DE ZEW Konjunkturerwartung September
• 11:00 - ! EU Außenhandel Juli
• 11:45 - US ICSC-UBS Index (Woche)
• 13:55 - US Redbook (Woche)
• 14:30 US Einzelhandelsumsatz August
• 14:30 - ! US NY Empire State Index September
• 15:15 US Industrieproduktion August
• 15:15 US Kapazitätsauslastung August
• 16:00 - ! US Lagerbestände Juli
RED EAGLE MINING ACQUIRES CB GOLD
September 15, 2015 – Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) is pleased to announce it has acquired 76,805,198 common shares (“Shares”) of CB Gold Inc. (“CB Gold”) which were tendered to its share exchange takeover bid (the "Offer"). Red Eagle Mining is now the largest shareholder of CB Gold owning a total of 78,590,198 or 43% of CB Gold Shares. Notably, 61% of independent shareholders exchanged their CB Gold Shares for Red Eagle Mining shares, while only 6% have been tendered to Batero Gold Corp. (“Batero”).
“On behalf of the Board of Directors and the entire team, we would like to welcome Red Eagle Mining’s new shareholders,” comments Ian Slater, Chief Executive Officer. “It’s an exciting time for all shareholders with the San Ramon Gold Mine construction and the Vetas Gold Deposit acquisition underway. We look forward to completing the acquisition of CB Gold and commencing work at Vetas.”
In accordance with the Offer, Red Eagle Mining is providing a Subsequent Offering Period of ten days, which shall expire at 4:00 PM Eastern Time on September 25, 2015 (“Expiry Time”).
CB Gold Shares not already exchanged for Red Eagle Mining shares should be tendered to the Red Eagle Mining Offer to avoid the risk of being orphaned.
How to Tender Shares to the Offer
Shareholders who wish to tender their CB Gold Shares to the Red Eagle Mining Offer should simply call and provide tender instructions to their advisor before the Expiry Time. Any questions regarding the Offer and how to tender CB Gold Shares should be directed to the Information Agent, Laurel Hill Advisory Group at +1 877 452 7184 (North American Toll-Free) or +1 416 304 0211 (Collect Calls) or by email at assistance@laurelhill.com.
Shareholders of CB Gold should also contact Laurel Hill for assistance if they have tendered their CB Gold Shares to Batero in order to withdraw them immediately.
About the Red Eagle Mining Offer
The Red Eagle Mining Offer is for all of the issued and outstanding Shares of CB Gold, including any CB Gold Shares that may become issued and outstanding upon the exercise of existing CB Gold convertible securities. Under the terms of the Offer, each CB Gold Share will be exchanged for 0.162 of a Red Eagle Mining common share with an implied value of $0.05 per CB Gold Share. The Offer will remain open until 4:00 PM Eastern Time on September 25, 2015.
The full details of the Offer are set out in the takeover bid circular, accompanying offer documents and the notice of variation and extension (collectively the “Offer Documents”), which Red Eagle Mining has filed with Canadian securities regulatory authorities on SEDAR and mailed to CB Gold’s shareholders. CB Gold shareholders are encouraged to carefully review the Offer Documents, which contains the full terms and conditions of the Offer as well as detailed instructions on how to tender their common shares to the Offer. No further action is required for Shares which have already been tendered.
This press release does not constitute an offer to buy or an invitation to sell, or the solicitation of an offer to buy or invitation to sell, any securities of Red Eagle Mining or CB Gold. Such an offer may only be made pursuant to an offer and takeover bid circular filed with the securities regulatory authorities in Canada and pursuant to registration or qualification under the securities laws of any other such jurisdiction.
Advisors
Red Eagle Mining has engaged National Bank Financial Inc. as its financial advisor and Farris Vaughan Wills & Murphy LLP as its legal counsel in respect of the Offer.
September 15, 2015 – Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) is pleased to announce it has acquired 76,805,198 common shares (“Shares”) of CB Gold Inc. (“CB Gold”) which were tendered to its share exchange takeover bid (the "Offer"). Red Eagle Mining is now the largest shareholder of CB Gold owning a total of 78,590,198 or 43% of CB Gold Shares. Notably, 61% of independent shareholders exchanged their CB Gold Shares for Red Eagle Mining shares, while only 6% have been tendered to Batero Gold Corp. (“Batero”).
“On behalf of the Board of Directors and the entire team, we would like to welcome Red Eagle Mining’s new shareholders,” comments Ian Slater, Chief Executive Officer. “It’s an exciting time for all shareholders with the San Ramon Gold Mine construction and the Vetas Gold Deposit acquisition underway. We look forward to completing the acquisition of CB Gold and commencing work at Vetas.”
In accordance with the Offer, Red Eagle Mining is providing a Subsequent Offering Period of ten days, which shall expire at 4:00 PM Eastern Time on September 25, 2015 (“Expiry Time”).
CB Gold Shares not already exchanged for Red Eagle Mining shares should be tendered to the Red Eagle Mining Offer to avoid the risk of being orphaned.
How to Tender Shares to the Offer
Shareholders who wish to tender their CB Gold Shares to the Red Eagle Mining Offer should simply call and provide tender instructions to their advisor before the Expiry Time. Any questions regarding the Offer and how to tender CB Gold Shares should be directed to the Information Agent, Laurel Hill Advisory Group at +1 877 452 7184 (North American Toll-Free) or +1 416 304 0211 (Collect Calls) or by email at assistance@laurelhill.com.
Shareholders of CB Gold should also contact Laurel Hill for assistance if they have tendered their CB Gold Shares to Batero in order to withdraw them immediately.
About the Red Eagle Mining Offer
The Red Eagle Mining Offer is for all of the issued and outstanding Shares of CB Gold, including any CB Gold Shares that may become issued and outstanding upon the exercise of existing CB Gold convertible securities. Under the terms of the Offer, each CB Gold Share will be exchanged for 0.162 of a Red Eagle Mining common share with an implied value of $0.05 per CB Gold Share. The Offer will remain open until 4:00 PM Eastern Time on September 25, 2015.
The full details of the Offer are set out in the takeover bid circular, accompanying offer documents and the notice of variation and extension (collectively the “Offer Documents”), which Red Eagle Mining has filed with Canadian securities regulatory authorities on SEDAR and mailed to CB Gold’s shareholders. CB Gold shareholders are encouraged to carefully review the Offer Documents, which contains the full terms and conditions of the Offer as well as detailed instructions on how to tender their common shares to the Offer. No further action is required for Shares which have already been tendered.
This press release does not constitute an offer to buy or an invitation to sell, or the solicitation of an offer to buy or invitation to sell, any securities of Red Eagle Mining or CB Gold. Such an offer may only be made pursuant to an offer and takeover bid circular filed with the securities regulatory authorities in Canada and pursuant to registration or qualification under the securities laws of any other such jurisdiction.
Advisors
Red Eagle Mining has engaged National Bank Financial Inc. as its financial advisor and Farris Vaughan Wills & Murphy LLP as its legal counsel in respect of the Offer.
Wird hart umkämpft
CB Gold Inc. Announces Batero Offer Closer to Success Despite Misleading Red Eagle Claims
http://www.goldseiten.de/artikel/258830--CB-Gold-Inc.-Announces-Batero-Offer-Closer-to-Success-Despite-Misleading-Red-Eagle-Claims.html
CB Gold Inc. Announces Batero Offer Closer to Success Despite Misleading Red Eagle Claims
http://www.goldseiten.de/artikel/258830--CB-Gold-Inc.-Announces-Batero-Offer-Closer-to-Success-Despite-Misleading-Red-Eagle-Claims.html
