Rohstoffthread / CCG-Hauptthread

[Kostolanys Erbe]

Lucara sells 13 diamonds for $29.7-million (U.S.)

2015-11-12 18:42 ET - News Release



Mr. William Lamb reports

LUCARA ADDS US$30 MILLION TO 2015 REVENUE FROM LATEST EXCEPTIONAL STONE TENDER

Lucara Diamond Corp. is releasing the results from its second exceptional stone tender of 2015. Lucara produced these very large, high-quality exceptional stones from its 100-per-cent-owned Karowe mine in Botswana.

The exceptional stone tender included 13 single stones, totalling 1,440 carats, achieving revenues of $29.7-million (U.S.) ($20,625 per carat).

Highlights:

10 diamonds sold for more than $1.0-million each, including five stones which sold for in excess of $2.0-million each;
Lot 801, the 336.3-carat Type IIa diamond sold, for $8.18-million ($24,324 per carat);
Lot 802, the 8.03-carat pink diamond, sold for $911,911 ($113,563 per carat);
Lot 803, the 83.5-carat Type IIa diamond, sold for $4.13-million ($49,467 per carat) and was the highest value per carat stone sold at the tender.


For the brochure and images of the diamonds sold in this and previous exception stone tenders, please visit the Lucara website.

Lucara also made a recent recovery of a 348-carat and a 255-carat stone. Both stones were recovered by the new XRT machines installed at the Karowe mine. The quality of the stones will be assessed only once they have been cleaned.

William Lamb, president and chief executive officer, commented: "We are happy with the results of this sale with the final figures being in line with expectations. We have noticed that in the current market, buyers have become more conservative when considering pricing for the more complicated stones, which includes the 336-carat stone sold in the current tender.

"The recovery of the 348-carat diamond from the high-value south lobe is the largest stone recovered from the Karowe mine to date. We are very pleased with the current operation of the newly installed XRT equipment and the continued recovery of our exceptional diamonds."


http://www.stockwatch.com/News/Item.aspx?bid=Z-C:LUC-2325181&symbol=LUC&region=C

greenhorn schrieb am 06.11.2015, 09:50 Uhr[/url]"]LUC - Lucara

November 05, 2015 18:00 ET
Lucara Generates Strong Quarterly Cash Flow and Significant Operating Margins
http://www.marketwired.com/press-r...ificant-operating-margins-tsx-luc-2070984.htm

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 5, 2015) - Lucara Diamond Corp. ("Lucara" or the "Company") (TSX:LUC) (BOTSWANA:LUC) (NASDAQ OMX Stockholm:LUC) is pleased to report revenues of $90.9 million for the quarter with an operating margin of 88% and revenues of $158.6 million for the nine months to September 2015.

HIGHLIGHTS:

Financial:

EBITDA for the period was $66.8 million and year to date was $95.3 million.
Net cash position of $122.7 million increased from $74 million at June 2015 following the Company's first exceptional stone tender and regular tender during the quarter.
Year to date costs at $29.44 per tonne ore processed remain well controlled and marginally below forecast. Plant optimization costs and sustaining capital costs are within forecast.
Third quarter earnings per share of $0.12 (2014: $0.11 per share). Year to date earnings per share of $0.15 (2014: $0.17 per share).
Dividend: cumulative dividend of CND 4 cents per share to be paid to shareholders on Decembers 17, 2015

Operational:

Tonnes processed post plant optimization commissioning improved during the quarter. Tonnes milled in the third quarter were 11% higher than the previous quarter with 100,651 carats recovered during the period.

Fourth quarter processing is expected to be focused on south lobe ore.

Exploration:

Exploration sampling advancing with first ore to be processed from BK02 during the fourth quarter.

William Lamb, President and Chief Executive Officer commented "Karowe continued to deliver strong cash flows in Q3, underpinned by the sale of our large, high value diamonds and our disciplined approach to cost control and allocation of capital. Further, demand for our diamonds remains high and we anticipate continued, robust free cash flow to help deliver strong shareholder returns going forward. We have been pleased with the optimized plant performance through the quarter with production returning to design capacity levels. This is particularly important as production in the fourth quarter will focus on south lobe material. The commissioning of the bulk sample plant has resulted in us advancing on our exploration activities. We look forward to updating the market on these exciting developments"

 

[Kostolanys Erbe]

Die Ölsorte "Fischöl" läuft weiter wie geschmiert...

Kostolanys Erbe schrieb am 19.08.2015, 21:44 Uhr[/url]"]Öl läuft ja wie geschmiert...sorry ich meine " Fisch-Öl "

» zur Grafik

Kostolanys Erbe schrieb am 03.02.2014, 23:12 Uhr[/url]"]Zum Thema Gap & Fischöl Omega 3 (... auch ein Rohstoff der erstmal gewonnen werden muss)

OME hat dat Ding (GAP) so gut wie zu gemacht.



» zur Grafik

 

[wicki99]

palladium:

tt: 533.40 $. hier wird's nun interessant, nachdem seit anfang oktober fast 200 $ abgegeben wurden und ein neuerlicher, langfristiger support-bereich angelaufen wird.

wicki99 schrieb am 12.11.2015, 19:53 Uhr[/url]"]palladium:

tt: 557.65 $.

wicki99 schrieb am 05.11.2015, 12:46 Uhr[/url]"]palladium:

tt: 606.60 $.

wicki99 schrieb am 05.11.2015, 08:17 Uhr[/url]"]Palladium (Daily) – Kauf-Zone erreicht, was nun?

Zu Wochenbeginn folgte eine Ausverkaufswelle. Diese Welle durchschlug die Rainbow-Unterkante und erreichte ein Verlaufstief 641,00 USD. Doch damit wurde das Szenario getriggert. Was ist nun zu beachten?

http://www.godmode-trader.de/artikel/walt-disney-geht-der-erfolg-ewig-weiter,4390921

wicki99 schrieb am 04.11.2015, 19:31 Uhr[/url]"]palladium:

short-ziel mit dem tt bei 621.00 $ top erreicht.

wicki99 schrieb am 04.11.2015, 18:29 Uhr[/url]"]palladium:

tt: 628.50 $.

wicki99 schrieb am 03.11.2015, 15:40 Uhr[/url]"]palladium:

weiter südwärts auf ein tt von 640.00 $.

wicki99 schrieb am 02.11.2015, 18:42 Uhr[/url]"]palladium:

nach der bodenbildung ab august lief der future im hoch bis an den widerstand bei rund 725 $, um dort südwärts zu drehen. heute mit üppigen 4% in den miesen. das august-hoch bei rund 625 $ könnte nun eine anlaufstation sein, da starker support aus aktueller sicht.
zuletzt um 649 $ handelnd. long-rücksetzer einplanen.

» zur Grafik

 

[greenhorn]

Guten Morgen!

06:30 - JP Industrieproduktion Oktober
• 08:00 - ! DE BIP 3. Quartal
• 08:00 - ! DE Großhandelspreise Oktober
• 09:00 - ES Verbraucherpreise Oktober
• 09:15 - CH Erzeuger- u. Importpreise Oktober
• 10:00 - IT Verbraucherpreise Oktober
• 10:00 - IT BIP 3. Quartal
• 11:00 - ! EU BIP 3. Quartal
• 11:00 - ! EU Außenhandel September
• 14:30 US Erzeugerpreisindex Oktober
• 14:30 US Einzelhandelsumsatz Oktober
• 15:55 - ! US Verbraucherstimmung Uni Michigan November
• 16:00 - ! US Lagerbestände September

 

[greenhorn]

PLG

November 12, 2015 22:09 ET
Pilot Gold Reports Q3 2015 Financial and Operating Results

http://www.marketwired.com/press-re...ial-and-operating-results-tsx-plg-2073443.htm

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 12, 2015) - Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2015. All amounts are presented in United States dollars unless otherwise stated.

Financial and operational highlights through and subsequent to quarter end:

Working capital at September 30, 2015 of $10.21 million (C$13.68 million)(1).
Reported an initial independent resource estimate at Kinsley. The resource estimate, using multiple cut-offs, delineates(2):
405,000 Indicated ounces in 5,529,000 tonnes averaging 2.27 g/t gold, and
122,000 Inferred ounces in 3,362,000 tonnes averaging 1.13 g/t gold.

Mineralization hosted in the Secret Canyon Shale in the Western Flank zone includes 284,000 Indicated ounces at an average grade of 6.04 g/t gold.
Published metallurgical results that demonstrate that Kinsley's primary host rock horizons can produce concentrates through flotation, with very-good to excellent gold recoveries, suggesting potential for low capital cost mining and processing scenarios for sulphide ore at Kinsley(3).
Doubled the size of the mineralized footprint at TV Tower's Hilltop porphyry system to approximately 600m by 500m, including discovery of a supergene copper zone, yielding assay intervals grading up to 4.5% copper, located at the transition from the overlying oxidized high-sulphidation zone to the porphyry zone(4).
Reported preliminary metallurgical results from the Valley Porphyry at TV Tower showing that mineralization is amenable to flotation producing a concentrate with strong recoveries and grades up to 40% copper and 84 g/t gold(5).
Launched an initial drill program of approximately 2,800 metres at the past-producing Goldstrike-Utah project.

 

[greenhorn]

SVM - gestern nachbörslich auch mit Zahlen

Silvercorp earns $2.97-million (U.S.) in Q2 fiscal 2016
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SVM-2325000&symbol=SVM&region=C

2015-11-12 16:49 ET - News Release

Mr. Lorne Waldman reports

SILVERCORP REPORTS Q2 FISCAL 2016 FINANCIAL AND OPERATING RESULTS

Silvercorp Metals Inc. has released its financial and operating results for the second quarter ended Sept. 30, 2015. (All amounts are expressed in U.S. dollars.)

Second quarter highlights:

Cash flows from operations of $4.6-million, or three cents per share;
Repurchased 1,638,252 common shares of the company;
Ended the quarter with $70.7-million in cash and short-term investments;
Net income attributable to equity shareholders of $2.2-million, or one cent per share;
Silver sales of 1.3 million ounces, lead sales of 13.2 million pounds and zinc sales of 4.6 million pounds, down 7 per cent, 7 per cent and 11 per cent, respectively, from the prior-year quarter;
Realized selling price for silver, lead and zinc at the Ying mining district dropped by 26 per cent, 8 per cent and 19 per cent, respectively, compared with the same prior-year quarter;
Sales of $27.2-million, down 27 per cent from the prior-year quarter;
Significant increase of silver-lead concentrate inventory from 430 tonnes to 2,228 tonnes (containing approximately 200,000 ounces of silver and 2.0 million pounds of lead) at the Ying mining district, compared with the prior-year quarter;
Gross margin of 32 per cent compared with 49 per cent in the prior-year period;
Cash cost per ounce of silver, net of byproduct credits, of $1.52, compared with negative 98 cents in the prior-year quarter;
All-in sustaining cost per ounce of silver, net of byproduct credits, of $12.40, compared with $9.68 in the prior-year quarter.

Financials

Net income attributable to the shareholders of the company in second quarter fiscal 2016 was $2.2-million, or one cent per share, compared with $7.2-million, or four cents per share, for the three months ended Sept. 30, 2014.

In the current quarter, the company's financial results were mainly impacted by the following: (i) lower metal prices, as the realized selling price for silver, lead and zinc at the Ying mining district dropped by 26 per cent, 8 per cent and 19 per cent, respectively, compared with the same prior-year quarter; (ii) lower gold production and sales as operations at the BYP mine have been suspended since August, 2014; (iii) higher production costs; and (iv) lower amount of metals sold as increase in silver-lead and zinc concentrate inventory.

Sales in second quarter fiscal 2016 were $27.2-million compared with $37.3-million in second quarter fiscal 2015. Silver and gold sales represented $14.7-million and $500,000, respectively, while base metals represented $12.0-million of total sales in this quarter compared with silver, gold and base metal sales of $21.7-million, $700,000 and $14.9-million, respectively, in second quarter fiscal 2015.

Cost of sales in second quarter fiscal 2016 was $18.4-million compared with $18.9-million in second quarter fiscal 2015. The cost of sales included $14.4-million (second quarter fiscal 2015: $14.2-million) cash costs and $4.0-million (second quarter fiscal 2015: $4.7-million) depreciation, amortization and depletion charges. The decrease in cost of sales is mainly due to lower amount of metals sold in the quarter, offset by the increase in per-tonne mining production costs.

Gross profit margin in second quarter fiscal 2016 was 32 per cent compared with 49 per cent in second quarter fiscal 2015. The decrease in gross profit margin is mainly due to the decline of metal prices, increases in smelter charges and increased per-tonne production costs.

Cash flows provided by operating activities were $4.6-million or three cents per share in second quarter fiscal 2016 compared with $20.1-million or 12 cents per share in second quarter fiscal 2015.

 

[Fischlaender]

In summary:

Noch gut Cash
TV Tower ein bischen on hold, Programm zurueckgeschraubt,
Kinsley ebenso ein bischen on hold, wesentlich weniger gebohrt als geplant,
stattdessen auf einmal ein Bohrprogramm auf Goldstrike..?

Und dazu: CEO ausgetauscht! Ohne Angaben von Gruenden. Das spricht dafuer, dass Mark O'Dea nicht sehr happy war, wie das in letzter Zeit lief:

Pilot Gold Announces Senior Management Change: Robert Pease Appointed Interim President and Chief Executive Officer
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 13, 2015)

http://juniorminingnetwork.com/junior-miner-news/press-releases/733-tsx/plg/13644-pilot-gold-announces-senior-management-change-robert-pease-appointed-interim-president-and-chief-executive-officer.html

greenhorn schrieb am 13.11.2015, 09:25 Uhr[/url]"]PLG

November 12, 2015 22:09 ET
Pilot Gold Reports Q3 2015 Financial and Operating Results

http://www.marketwired.com/press-re...ial-and-operating-results-tsx-plg-2073443.htm

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 12, 2015) - Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2015. All amounts are presented in United States dollars unless otherwise stated.

Financial and operational highlights through and subsequent to quarter end:

Working capital at September 30, 2015 of $10.21 million (C$13.68 million)(1).
Reported an initial independent resource estimate at Kinsley. The resource estimate, using multiple cut-offs, delineates(2):
405,000 Indicated ounces in 5,529,000 tonnes averaging 2.27 g/t gold, and
122,000 Inferred ounces in 3,362,000 tonnes averaging 1.13 g/t gold.

Mineralization hosted in the Secret Canyon Shale in the Western Flank zone includes 284,000 Indicated ounces at an average grade of 6.04 g/t gold.
Published metallurgical results that demonstrate that Kinsley's primary host rock horizons can produce concentrates through flotation, with very-good to excellent gold recoveries, suggesting potential for low capital cost mining and processing scenarios for sulphide ore at Kinsley(3).
Doubled the size of the mineralized footprint at TV Tower's Hilltop porphyry system to approximately 600m by 500m, including discovery of a supergene copper zone, yielding assay intervals grading up to 4.5% copper, located at the transition from the overlying oxidized high-sulphidation zone to the porphyry zone(4).
Reported preliminary metallurgical results from the Valley Porphyry at TV Tower showing that mineralization is amenable to flotation producing a concentrate with strong recoveries and grades up to 40% copper and 84 g/t gold(5).
Launched an initial drill program of approximately 2,800 metres at the past-producing Goldstrike-Utah project.

 

[greenhorn]

Danke für deine Zusammenfassung zu PLG!

wünsche Euch Allen ein schönes Wochenende!

 

[Kostolanys Erbe]

Aldridge loses $4.41-million (U.S.) in nine months

2015-11-13 07:34 ET - News Release



Mr. Han Ilhan reports

ALDRIDGE REPORTS Q3 2015 FINANCIAL RESULTS AND PROVIDES A CORPORATE UPDATE

Aldridge Minerals Inc. has filed its unaudited consolidated interim financial statements as at and for the three and nine months ending Sept. 30, 2015, and the management's discussion and analysis related thereto, which are available on SEDAR and at the company's website.

Han Ilhan, president and chief executive officer, commented: "In the third quarter our focus continued to be advancing the Yenipazar land acquisition. This was facilitated by the receipt of the public benefit letter at the end of the second quarter, which as reported at that time, provides certainty that Aldridge will have access to all of the land needed for the development of the Yenipazar project through a well-established compulsory process. This was followed in October, 2015, with the completion by the state of its independent land valuation under the leadership of the local governor's office. We were pleased by the speed at which these two major milestones were achieved, particularly in light of the fact that two federal elections in Turkey took place over the same period.

"Although the state's land price has not officially been disclosed to the individual landowners, we are confident that this compulsory price will be lower than the company's voluntary high-value proposition to landowners. In the event a landowner does not sell to the state or to Aldridge within 15 days of being informed of the state-determined price, the state will initiate the legal process to acquire the land. This is the final stage of the land acquisition process, which we expect will be completed in 2016."

Mr. Ilhan added, "In parallel with the land acquisition, Aldridge will continue to progress its financing discussions, refine the engineering of the project, and formulate plans to explore the balance of the Yenipazar concession."

Aldridge's highlights and achievements

The following summarizes the key achievement areas in the third quarter of 2015. Additional details are provided in the third quarter 2015 MD&A.

Working capital and debt facility

The company ended the third quarter with $5,757,574 (U.S.) in cash and negative working capital of $7,142,480 (U.S.). As at Sept. 30, 2015, the company had drawn down $12.5-million (U.S.) of its $35-million (U.S.) loan facility. Aldridge is currently in advanced discussions to either extend the maturity date of the loan facility, or refinance the loan facility, which is due Aug. 29, 2016. Assuming these discussions are successful, the combination of cash and the undrawn facility provides sufficient funds for the planned expenditures in 2016 and the first quarter of 2017.

Land acquisition

The land acquisition process (LAP), initiated in 2014, progressed through the third quarter of 2015. As at Sept. 30, 2015, the total cost of land acquired to date was $8,010,455 (U.S.) or approximately 31 per cent of the required land. The total cost includes capitalized interest of $1,081,106 (U.S.) on its borrowings. In June, 2015, the company received an approved public benefit letter from the Ministry of Energy and Natural Resources in Turkey. The public benefit letter provides certainty that the company will have access to all of the land needed for the development of the Yenipazar project in central Turkey. This approval represents a significant milestone of the well-established state-led compulsory LAP, whereby the landowner is obligated to sell at the state-determined price, which is expected to result in completion of the LAP in 2016.

In October, 2015, the Yozgat governor's office, which is the agency leading the compulsory LAP, notified the company that it had completed its pricing review. Consequently, individual landowners are expected to be informed, beginning in November, 2015, of the state-price offered for their individual land parcels.

Value engineering

The company's value engineering study (VE) was completed in April, 2015. The VE study evaluated alternative engineering and construction strategies to ensure constructability and operational effectiveness. The VE study found no material changes to the Yenipazar project and the optimization study results were confirmed (see the technical report on the Yenipazar optimization study, Yozgat province, Turkey, available on SEDAR). The company has since developed alternative basic engineering schedules to maximize the focus on critical path items while considering the variability of the timing of land acquisition and project financing. These alternative schedules allow the company engineering flexibility that will facilitate a timely construction schedule following the closing of project financing.

Exploration program

The company completed, in the first half of 2015, its exploration program on the Yenipazar site, which is primarily focused on the northern extension from the known resource area where two outcrops were previously identified. Eight drill holes with a combined depth of 2,525 metres were drilled. The drilling confirmed the continuity of mineralization to the north of the known orebody. Highlights from assaying included 6.13 per cent lead, 7.78 per cent zinc, 1.06 per cent copper, 1.79 grams per tonne (g/t) gold and 118 g/t silver over 17 metres. Additional information regarding all holes drilled is included in the exploration drilling section of the third quarter 2015 MD&A.

Investment incentive certificates (IIC)

During the second quarter of 2015, the company was approved for and received both a strategic IIC and regional IIC from the Turkish Ministry of Economy for the development of the Yenipazar project. As a result, the corporate income tax rate is reduced from 20 per cent to a range of 2 per cent to 4 per cent. Obtaining the strategic IIC approval increased the incentive contribution rate from 40 per cent to 50 per cent on the majority of qualifying capital expenditures, which will increase the life-of-mine tax savings benefit to $76-million (U.S.) or by $14-million (U.S.) from $62-million (U.S.) estimated in the optimization study.

Strategy and outlook

The primary objective in 2015 was to position the company to complete its LAP and project financing in 2016 and to advance project engineering in parallel with the LAP. Upon completion of the LAP the company expects a project development period of approximately 24 months involving engineering, construction, commissioning and followed by commercial production in early 2019. As a result, the company's focus in the fourth quarter of 2015 and 2016 is on advancing the following initiatives already under way:

Land acquisition

The company's LAP strategy was designed to provide a high-value proposition consistent with being fair to all stakeholders and to maintain a social licence to operate within the region. The LAP includes a combination of voluntary and state-led compulsory land purchases. In October, 2015, the Yozgat Governor's Office completed its independent land valuation. Although the governor's office has not officially informed the landowners of their respective price assessments, the company is confident the average price will be lower than the company's voluntary purchase offer and therefore independently confirming its high-value proposition. Confirmation of the company's high-value offer independently by the governor's office should facilitate the voluntary LAP, which the company intends to continue in parallel with the state-led compulsory LAP.

Individual landowners are expected to be informed in November, 2015, of the state's price for the individual land parcels. In the event a landowner does not sell to the state or to Aldridge within 15 days of being informed of the state-determined price, the state will initiate the legal process to acquire the land. During this process the court will independently study and review the land values to confirm the final price for the land to be paid by the state. Since the state land acquisition is compulsory, the court's price decision results in the land being purchased by the state and classified as treasury land. The court's pricing decision will result in Aldridge financing the government's purchase of the land at the state-determined price. Pursuant to the mining regulations, Aldridge is awarded access to the treasury land for the life of the mine.

The voluntary LAP and state-led LAP, including the judicial process to confirm the compulsory land purchase price, are expected to be completed in 2016.

Engineering

The company will continue to refine its basic engineering schedule and execution to ensure the focus is on critical path items while considering the variability of the timing of land acquisition and project financing. Critical path basic engineering is expected to be completed to synchronize with the expected timing of closing of project financing and site access for construction mobilization.

Exploration

Given the promising results of the exploration program completed in May, 2015, the company is in the process of finalizing plans to investigate the additional potential its licence area immediately adjacent to the existing orebody and other areas of its 100-square-kilometre Yenipazar licence area, 90 per cent of which has not been explored in detail. The extent of exploration in the near term will be dependent on the availability of funds, which is expected to be affected by the timing of the LAP.

Project financing

The company will continue to actively consider various project financing alternatives through 2016. The near-term focus will be to address the loan facility maturing in August, 2016, by either extending the maturity date of the loan facility or refinancing the loan facility. The company is proceeding with advanced-stage discussions to address the present loan facility.

Selected financial information

The associated table provides selected consolidated financial information that should be read in conjunction with the third quarter 2015 financials.

FINANCIAL HIGHLIGHTS
(In U.S. dollars)

Nine months ended and as at Year ended and as at
Sept. 30, 2015 Sept. 30, 2014 Dec. 31, 2014

(Loss) before income tax ($4,416,404) ($2,488,417) ($3,191,177)
Net (loss) (4,416,404) (2,488,417) (3,191,177)
Net (loss) per share (0.04) (0.03) (0.04)
Cash and cash equivalents 5,757,574 19,514,161 14,331,409
Working capital (loss) (7,142,480) 18,766,112 14,103,639
Total assets 26,359,752 26,498,234 25,829,329
Total non-current financial liabilities 148,540 7,423,262 8,445,579




We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aAGM-2325346&symbol=AGM&region=C

 

[Rooky]

Rick Rule on BNN Market Call (November 12, 2015)

Rick Rule, chairman of Sprott Global, made an appearance on BNN Market Call last night discussing precious metals stocks. BNN host Catherine Murray sat in for regular host Mark Bunting.

Rule said that weak global demand is the cause of the price slide in many commodities. For investors with a long time horizon, this is good news.

Regarding timing of when we might see the end of the bear market, Mr. Rule thinks precious metals are at the beginning of an end. However, base metals are 18-24 months away.

If the U.S. raises interest rates it will be bad for the gold price in the very, very near term.
Viewer Questions on Mining Stocks

Precipitate Gold – Does not own it. Has no plans to own it. Sees no reason to own it in the next 18 months. Likes the people but much better names.

Fission Uranium – Uranium price might take another 2 years to change. Company failed to merge with Denison which was a bad thing probably to the share price in the short term. Mr. Rule is a Fission buyer with a long-term horizon. Fission has the cash/access to the cash to continue to fund exploration. Sprott knows the management team and geological team well.

Premier Gold – Rick does not hold Premier but it is held in other Sprott accounts. Any help you would get on Premier would be from the gold price. Group has access to cash.

Argonaut Gold – We are not buyers of Argonaut. Does not see catalyst to move stock higher expect for maybe the gold price.

First Quantum – Two thing to consider: very soft copper price and a balance sheet stressed with debt. First-tier assets with good management. It could be a couple years before the copper price changes.

Roxgold – Roxgold is currently producing (Rick is wrong here). Sprott is not a current buyer but not a seller either.

Kaminak Gold – We own a lot of Kaminak Gold. Sprott has known and followed Eira’s career for a long time. A great deposit located in a tough environment. Eira’s prior success make Kaminak a worthwhile bet. If Eira is paid a fair price, Mr. Rule thinks she would not be hesitant to sell.

Rick’s past investment ideas

Dundee Corp – A mistake. Very good people. Deteriorating balance sheet caused Sprott to exit the stock.

Delphi Energy – We have been massacred in Delphi but continue to buy the stock including today. Very high opinion of the asset and the management team. Sprott would be willing to provide help if they needed it.

Altius Minerals – Has a big royalty package. Company has done a phenomenal job. Brian Dalton is a superb businessman. Mr. Dalton has a lot of cash and is an extremely disciplined investor. Has an interest in iron and Labrador (hint hint, my guess Labrador Iron Ore royalty).

More questions on Mining Stocks

Silver Wheaton – Silver Wheaton is attractive from a price point. Issue with CRA will be overhang on the stock. Sprott owns the stock and believes the litigation will overhang the stock and could cause a sell-off.

Peregrine Diamonds – Rick does not own. He believes Peregrine is the most exciting Canadian diamond discovery. The diamond business is technical and Rick does not trust his own expertise to consider owning diamond stocks.

Lake Shore Gold – Sprott has a large holding and has been around the company since its formation. The company has done a very good job of turning around operations.

B2Gold – We like B2. Good management team with a good pipeline of growth. Best in class for an intermediate growth producer.

Cameco – Rick is a Cameco shareholder and intends to become a bigger one. Rick remains attracted to the uranium space – cost of producing is far above current spot price. Commodity prices go up because of demand creation or supply destruction. In this case it will be supply destruction.

Newmarket Gold – Does not have a long-term view on Newmarket. High-quality people but Rick does not own it.

Detour Gold – If you think gold is going up, buy gold before you buy any gold stock. Detour Gold is fully priced but the Canadian gold stocks will be higher in the next 18 months. Your downside is maybe 20% before someone like Goldcorp says thank you.

Silver Standard – Sprott has been in and out of Silver Standard for many years but is currently out. Owns 10% of Pretium Resources. Fairly fully priced so will need implementation success or higher metal prices.

Lucara Diamond – Lucars is operated by the Lundin family. Has been a tremendous success story. Earnings on a quarterly basis are “lumpy” due to high-quality diamonds. Does not own it.

Dalradian – Sprott participated in the last financing and received a 5-year warrant. Suspects stock is fully priced in today`s environment. An overhang of warrants is in the market so Dalradian will suffer from market boredom.

Rick Rule’s Top Investing Ideas

Franco Nevada – If you are going to be in the gold business why not start with the best. Royalty business is phenomenal. Franco Nevada if they could has the opportunity to enter base metals streams with the current market weakness.

Nevsun Resources – Very unpopular idea. I love it. In an area where everyone hates – Eritrea. People do not like Eritrea.

Altius Minerals – People who can afford the risk of being in the junior mining sector have to own. Fantastic balance sheet and this is an attractive price. Stock is not well known.

Words of Wisdom for these tough times. TSX Venture is down 87% over the last couple years so is theoretically 87% cheaper.

Rick Rule “You must be a contrarian or you will be a victim.”

 

[Rooky]

Lithium

http://ceo.ca/2015/11/12/millenial-financier-stakes-his-claim-in-nevada-lithium-rush/

 

[greenhorn]

Guten Morgen!

01:50 - JP BIP 3. Quartal
• 03:30 - AU Neuwagenverkäufe Oktober
• 08:00 - ! DE Beschäftigte verarb. Gewerbe September
• 11:00 - ! EU Inflation Oktober 2015
• 14:30 - ! US NY Empire State Index November
• 14:30 - CA Industrieproduktion Oktober

 

[Kostolanys Erbe]

Silvercorp drills 3.94m of 422 g/t Ag, 18.32% Pb at SGX

2015-11-16 07:59 ET - News Release



Mr. Lorne Waldman reports

SILVERCORP REPORTS ITS 2015 RESOURCE EXPANSION DRILLING AT THE SGX MINE, YING MINING DISTRICT, CHINA

Silvercorp Metals Inc. has released the results of its continuing exploration program in the first three quarters of 2015 at the SGX mine, Ying mining district, Henan province, China.

The 2015 exploration program consists of resource upgrade tunnelling and step-out drilling on major production vein structures S2, S4, S6, S7, S7-1, S8, S14, S16W, S21, S22 and S29, and definition drilling of their parallel subzones and splay structures and veins that have not been well explored such as S19 and S19E. Results of the current exploration program continue to demonstrate the strike and downdip extension of major mineralized vein structures. The most significant new discovery thus far has been the S19 that is becoming an important production vein utilizing the existing mining facilities in the nearby S16W and S7-1 vein structures.

Highlights of selected intersections of drill holes for the S19 vein:

Hole ZK03S7-111 intersected a 3.94-metre interval from 66.47 m to 70.41 m, 2.19 m true width, of vein S19 grading 422 grams per tonne (g/t) silver (Ag), 18.32 per cent lead and 0.32 per cent zinc at the 212 m elevation, including a 1.5 m interval, 0.83 m true width, grading 837 g/t Ag, 49.64 per cent Pb and 0.76 per cent Zn, a 0.64 m interval from 278.01 m to 278.65 m, 0.4 m true width, of vein S7-1 grading 753 g/t Ag, 6.87 per cent Pb and 2.58 per cent Zn at the 40 m elevation, and a 1.63 m interval from 285.56 m to 287.19 m, 1.08 m true width, of vein S7-1E grading 308 g/t Ag, 0.69 per cent Pb and 4.06 per cent Zn;
Hole ZK3A11 intersected a 1.73 m interval from 37.12 m to 38.85 m, 1.19 m true width, of vein S19 grading 596 g/t Ag, 2.31 per cent Pb and 0.42 per cent Zn at the 253 m elevation, and a 2.04 m interval from 182.33 m to 184.37 m, 1.93 m true width, of vein S7-1 grading 1,000 g/t Ag, 2.03 per cent Pb and 5.24 per cent Zn at the 199 m elevation;
Hole ZK9AS1901 intersected a 2.23 m interval from 139.16 m to 141.39 m, 1.46 m true width, of vein S19 grading 398 g/t Ag, 2.96 per cent Pb and 1.69 per cent Zn at the 387 m elevation, including a 0.87 m interval, 0.57 m true width, grading 996 g/t Ag, 5.68 per cent Pb and 2.50 per cent Zn;
Hole ZK07S1902 intersected a 1.49 m interval from 152.06 m to 153.55 m, 0.91 m true width, of vein S19E grading 293 g/t Ag, 9.42 per cent Pb and 0.43 per cent Zn at the 344 m elevation, and a 7.4 m interval from 182.02 m to 189.42 m, 2.71 m true width, of vein S19 grading 212 g/t Ag, 5.62 per cent Pb and 0.88 per cent Zn at the 322 m elevation, including a 0.9 m interval, 0.37 m true width, grading 1,178 g/t Ag, 19.55 per cent Pb and 4.42 per cent Zn.


Highlights of mineralized zones exposed in drift tunnels for the S19 vein

Drift tunnel PD700-S19-490-15NYM exposed mineralization of 100 m long and 0.97 m wide grading 430 g/t Ag, 5.55 per cent Pb and 3.95 per cent Zn within vein structure S19 on the 490 m level.


Ninety-seven holes, totalling 25,623 m in diamond drilling, were completed with eight underground rigs in the first three quarters of 2015. Most of the holes were designed as step-out and test holes to penetrate multiple vein structures for resource expansion and new resource delineation between the 640 m and minus 110 m elevations. Drill stations were mainly located in underground workings at the present development and mining levels. Step-out holes were drilled around previously defined resource blocks to further expand the known mineral resources and test drilling was targeted at the strike and downdip extensions of known mineralized vein structures to seek new mineralized zones and parallel vein structures. A total of 1,376 core samples were collected from intersections of altered and mineralized vein structures. As of Sept. 30, the company received assay results for 92 holes, including 17 holes drilled in late 2014 and 75 holes completed in 2015. Fifty-four of the 92 holes intersected one or multiple mineralized zones and other holes intercepted target structures.

Exploration tunnelling comprised drifting, crosscutting and raising between levels 750 m and 180 m. A total of 10,232 m of underground tunnelling, including 6,960 m of drift tunnelling, were driven along and across major production veins on 14 levels, and 3,408 channel samples were collected. As of Sept. 30, 2015, the continuing exploration tunnelling program exposed a total of 2,854 m mineralization of 0.74 m in average width grading 298 g/t Ag, 5.7 per cent Pb and 3.03 per cent Zn. The exposed mineralization constitutes 41 per cent of the completed 6,960 m drift tunnelling.

The associated tables list the assay results of some selected mineralized intersections in drill holes and mineralized zones exposed in drift tunnels.

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

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aSVM-2325886&symbol=SVM&region=C

 

[Kostolanys Erbe]

First Majestic loses $1.8-million (U.S.) in Q3 2015

2015-11-16 07:30 ET - News Release



Mr. Keith Neumeyer reports

FIRST MAJESTIC REPORTS THIRD QUARTER FINANCIAL RESULTS

First Majestic Silver Corp. has released its financial results for the third quarter ended Sept. 30, 2015. The full version of the financial statements and the management's discussion and analysis can be viewed on the company's website, or SEDAR and EDGAR. All amounts are in U.S. dollars unless stated otherwise.

Third quarter 2015 financial highlights:

Generated revenues of $44.7-million;
Mine operating loss amounted to $3.6-million;
Net loss after taxes amounted to $1.8-million, or basic loss per share of one cent;
Operating cash flows before movements in working capital and taxes of $8.4-million, or seven cents per share;
Produced 3.6 million silver-equivalent ounces, including 2.6 million ounces of pure silver;
Total cash cost, net of byproduct credits, was $8.77 per payable silver ounce;
All-in sustaining cost (AISC) was $14.41 per payable silver ounce, a 28-per-cent reduction compared with $19.89 per ounce in third quarter of 2014 and consistent with the previous quarter;
Average realized selling price for silver was $15.16 per ounce, compared with the quarterly COMEX average silver price of $14.87 per ounce;
Cash and cash equivalents of $26.1-million held at the end of the quarter, excluding $28.6-million of cash received from the Silvercrest acquisition on Oct. 1, 2015.


"Our operational team continued to make positive steps in reducing input costs during the third quarter. Consolidated production costs decreased to $41.81 per tonne which represents an 11-per-cent improvement when compared with the prior quarter and the lowest rate since the second quarter of 2013," stated Keith Neumeyer, president and chief executive officer of First Majestic. "More aggressive cost-cutting initiatives were launched in the quarter resulting in 180 layoffs and additional personnel reductions are being completed in the fourth quarter. These difficult times are requiring difficult decisions, however, the company remains focused on free cash flow and producing ounces that are profitable at current metal prices."

THIRD QUARTER 2015 HIGHLIGHTS
(In millions, except per share and where noted)

Q3 Q2 Q1 Q4 Q3
2015 2015 2015 2014 2014
Ore
processed/
tonnes
milled 675,032 662,637 631,609 683,528 621,196
Silver
ounces
produced 2,593,309 2,716,503 2,776,855 3,074,567 2,680,439
Silver
-equivalent
ounces
produced 3,558,035 3,802,558 3,905,270 4,247,527 3,523,536
Cash costs
per
ounce $ 8.77 $ 8.74 $ 8.22 $ 8.51 $ 10.41
All-in
sustaining
cost per
ounc 14.41 14.49 13.88 14.43 19.89
Total
production
cost per
tonne 41.81 46.80 46.90 47.15 54.34
Per ounce 15.16 16.99 17.05 16.30 19.10
Revenues 44.7 54.2 54.6 72.5 40.8
Mine
operating
earnings (3.6) 3.4 5.0 5.8 (1.8)
Net earnings (1.8) (2.6) (1.1) (64.6) (10.5)
Operating
cash flows
before
working
capital 8.4 16.4 17.3 21.1 9.0
Cash and
cash
equivalents 26.1 37.7 22.4 40.3 34.7
Working
capital (13.0) (0.9) (12.6) (2.9) 11.4
Earnings per
share
--
basic (0.01) (0.02) (0.01) (0.55) (0.09)
Adjusted
EPS (0.06) (0.03) 0.00 0.04 (0.04)
Cash flow
per
share 0.07 0.14 0.15 0.18 0.08


Financial review

The company generated revenues of $44.7-million for the third quarter of 2015, an increase of 10 per cent compared with the third quarter of 2014, primarily due to the holdback of 934,000 ounces of silver sales in the third quarter of 2014. Compared with the prior quarter, revenues decreased 18 per cent primarily due an 11-per-cent decrease in the average realized silver price.

Net loss for the quarter was $1.8-million (one cent per share), an improvement compared with a loss of $2.6-million (two cents per share) in the previous quarter due to a decrease in mine operating earnings offset by gains on foreign exchange and mark-to-market adjustments on the company's prepayment facilities. Cash flows from operations before movements in working capital and income taxes in the quarter totalled $8.4-million or seven cents per share, compared with $16.4-million or 14 cents per share in the previous quarter.

Adjusted loss was $7.6-million (six cents per share) compared with an adjusted loss of $3.1-million (three cents per share) in the previous quarter. Mine operating loss was $3.6-million, compared with earnings of $3.4-million in the prior quarter. The decrease in adjusted loss and mine operating earnings was primarily driven by the decrease in silver prices and less silver-equivalent ounces sold.

On Oct. 1, 2015, the company completed its acquisition of all of the issued and outstanding shares of Silvercrest by issuing 33,141,663 common shares of First Majestic, 2,647,147 in replacement stock options and a nominal sum of cash. Based on First Majestic's closing share price on Oct. 1, 2015, total estimated consideration for the acquisition was $104.2-million. Silvercrest's Santa Elena mine is now First Majestic's sixth producing silver mine, adding further growth potential and diversity to the company's portfolio of Mexican projects. It also strengthens the company's liquidity position by contributing approximately $28.6-million in cash and $29.2-million in working capital on Oct. 1, 2015.

Operational highlights

Total production for the quarter was 3,558,035 silver-equivalent ounces, and consisted of 2,593,309 ounces of silver, 4,434 ounces of gold, 8,743,453 pounds of lead and 3,122,498 pounds of zinc. The 6-per-cent decrease in production compared with the previous quarter was primarily attributed to a 36-per-cent decrease in production from Del Toro. The decrease at Del Toro was primarily due to a 23-per-cent decrease in tonnes milled and 17 per cent lower silver grades as mining occurred in a lower-grade area of the Perseverancia mine and Lupita vein. The decrease in Del Toro was partially offset by improvements in production at La Guitarra and San Martin due to improved silver and gold grades, and a 33-per-cent increase in processed ore at La Encantada due to the recent mill expansion.

The company's optimization and restructuring plan continues to make progress at reducing production costs, supported by a weaker Mexican peso. Production costs for the quarter were $41.81 per tonne, an 11-per-cent decrease from $46.80 in the second quarter of 2015. In addition, another work force reduction in personnel was finalized during the quarter and resulted in severance payments totalling approximately $300,000.

Costs and capital expenditures

Cash cost per ounce (after byproduct credits) for the quarter was $8.77 per payable ounce of silver, consistent with $8.74 in the second quarter of 2015. Compared with the third quarter of 2014, cash cost per ounce decreased by 16 per cent or $1.64 per ounce. AISCs for the quarter were $14.41 per ounce, consistent with $14.49 per ounce in the prior quarter and a 28-per-cent reduction compared with $19.89 per ounce in the third quarter of 2014. At Del Toro, AISCs increased to $11.89 per payable ounce of silver compared with $6.97 in the prior quarter. The increase was primarily due to a 36-per-cent decrease in silver production compared with the previous quarter plus major maintenance work performed in the processing plant this quarter. Compared with the third quarter of 2014, the decrease in costs was primarily attributed to additional byproduct credits from lead production and efficiencies in processing costs, most noteworthy was the reduction in energy costs by connecting Del Toro to the national grid as well as the foreign exchange effects of the weaker Mexican peso.

For the first nine months of 2015, consolidated cash costs and AISCs have averaged $8.57 and $14.25 per payable silver ounce, respectively. This compares with annual guidance released in January estimating cash costs of $8.29 to $9.22 and AISCs of $13.96 to $15.48 per payable silver ounce. With continued cost cutting expected in the fourth quarter, management continues to believe both cash costs and AISCs will achieve the lower end of cost guidance for 2015.

Capital expenditures in the third quarter were $15.0-million, primarily consisting of $3.3-million at La Encantada, $3.7-million at La Parrilla, $3.4-million at Del Toro, $2.2-million at San Martin and $2.0-million at La Guitarra. Compared with the previous quarter, capital expenditures decreased 14 per cent due to continued cost cutting and the depreciation of the Mexican peso.

For the first nine months of 2015, the company has invested a total of $48.1-million toward capital expenditures. With the majority of capital projects now complete and the continued weakness in the Mexican peso, management anticipates full year capital spending to be substantially below the previously announced 2015 guidance of $75.6-million.

Operational and guidance update

In an effort to increase free cash flow from its operations, the company has implemented various cost-cutting programs and operational modifications in order to improve profitability. Management believes leaving higher-cost ounces in the ground is a prudent choice for its shareholders until silver prices improve. Therefore, the company has revised its 2015 production guidance to incorporate the following operational adjustments:

1.The addition of approximately 500,000 ounces of silver (or 1.1 million silver-equivalent ounces) of production in the fourth quarter from the newly acquired Santa Elena mine;
2.Reduction of head grades at La Encantada to 130 grams per tonne from previous estimates of 160 g/t to 180 g/t, due to a delay in accessing higher-grade material as a result of a reduction in development and exploration budgets. Grades are expected to increase once the Ojuelas orebody is developed and brought into production in 2017;
3.At La Parrilla, due to revised cut-off grades, further stripping at the Quebradillas open pit has been halted. The cyanidation mill will operate at 500 tonnes per day and will process oxide ore from two main sources: provided by third parties with silver grades greater than 175 g/t and/or feed from open-pit stockpiles with silver grades of approximately 120 g/t. Production from the San Marcos area will be limited until ground conditions are stabilized to support sustainable underground oxide ore production. The sulphide circuit is expected to continue to operate at 1,000 tpd throughout the fourth quarter;
4.Reduction in throughput at Del Toro in the fourth quarter to 1,200 tpd due to limited production from orebody 3 as a result of unstable ground conditions and excess water. Additional mining areas are currently being prepared to return production back to normal operating levels by the beginning of 2016;
5.Increase in silver and gold production at both San Martin and La Guitarra due to higher-than-expected grades.


As a result of these operational modifications, 2015 annual silver production is now estimated to be within a new range of 11.0 million to 11.2 million ounces, or 15.7 million to 15.9 million silver-equivalent ounces. This compares with the previous annual production guidance of 11.8 million to 13.2 million ounces of silver, or 15.3 million to 17.1 million silver-equivalent ounces.


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFR-2325860&symbol=FR&region=C

 

[Kostolanys Erbe]

Dalradian to submit Curraghinalt application in 2016

2015-11-16 06:49 ET - News Release



Mr. Patrick Anderson reports

DALRADIAN ANNOUNCES Q3 2015 RESULTS

Dalradian Resources Inc. has released its results for the three and nine months ended Sept. 30, 2015. The company is making progress on advancing its Curraghinalt gold project, and had cash and cash equivalents of $24.4-million at Sept. 30, 2015 (excluding approximately $40-million in gross proceeds from the bought-deal financing closed in October, 2015). The company is engaged in a program of work to complete a feasibility study, and an environmental and social impact assessment (ESIA) in support of a planning (permitting) application to build a mine at Curraghinalt in Northern Ireland, submission of which is expected during the second half of 2016. The FS is being supported by an expanded infill drilling program and underground exploration.

Patrick F.N. Anderson, Dalradian's chairman and chief executive officer, commented:

"The confidence the market has shown by giving us further funding during a downturn of the commodity cycle speaks to the quality of our high-grade Curraghinalt gold project, which we are advancing toward permitting. Leading up to submission of our planning application, we will be releasing results from an additional 35,000 metres of infill drilling, the two test stopes, an updated resource and a feasibility study, as well as completing our ESIA. This program of work makes Dalradian one of the most active gold companies globally."

Operational highlights of Q3 2015 as of Nov. 11, 2015:

Completion of 81 blasts, approximately 345 metres of underground development and 10 out of 12 underground drill bays;
30,800 metres of infill drilling completed out of an expanded program of approximately 50,000 metres to support the FS;
Initial Curraghinalt infill results from 25 drill holes announced, including intersection of 4.40 metres grading 54.84 grams per tonne gold and 5.79 metres grading 7.12 g/t gold;
Additional infill results from 25 more holes (50 in total announced to date), including 1.24 metres grading 100.01 g/t gold and 6.48 metres grading 10.85 g/t gold;
Approximately two-thirds of the estimated land required for the proposed mine site processing plant and associated facilities has now been secured, with acquisition of remaining significant parcels targeted for the remainder of 2015;
Upgrade to FS: transition from prefeasibility study to FS complete;
ESIA: advancement of studies and environmental fieldwork, including initiation of more detailed archeology and traffic studies.


Corporate and financial highlights of Q3 2015 and subsequent period compared with Q3 2014:

Corporate reorganization to reduce continuing corporate costs;
Subsequent to the end of Q3 2015, closed a bought-deal financing for gross proceeds of approximately $40-million;
Cash and cash equivalents were $24.4-million at Sept. 30, 2015 (excluding approximately $40-million in gross proceeds from the bought-deal financing above) compared with $37.0-million at Sept. 30, 2014;
Net loss of $2.1-million (one cent per share) in the three months ended Sept. 30, 2015, compared with a net loss of $1.2-million (one cent per share) in the comparable period of 2014; net loss for the nine months ended Sept. 30, 2015, was $4.7-million (three cents per share) compared with a net loss of $4.1-million (four cents per share) in the comparable period of 2014;
Spending on asset evaluation, which includes development planning, permitting and other activities associated with the underground program, was $7.2-million in the three months ended Sept. 30, 2015, compared with $1.2-million in the comparable period of 2014 due to an increase in on-site activities associated with the underground program; similarly for the nine months ended Sept. 30, 2015, asset evaluation spending was $22.1-million compared with $3.0-million in the comparable period of 2014;
Exploration expenditures were $1.3-million in the three months ended Sept. 30, 2015, compared with $300,000 in the comparable period of 2014; for the nine months ended Sept. 30, 2015, exploration expenditures were $1.3-million compared with $1.1-million in the comparable period of 2014;
As of Nov. 11, 2015, Dalradian had 214,202,705 common shares issued and outstanding


Outlook

By the end of 2015, the company expects the following progress on the main deliverables for the work program:

Underground program -- 65 per cent complete, with approximately 300 metres of development remaining, including the two test stopes;
Infill drilling -- approximately 75 per cent complete on expanded program;
FS -- 40 per cent complete;
ESIA -- 50 per cent complete.


In addition to the above, the company is also engaged in:

Land acquisition for the proposed mine site processing plant and associated facilities;
Exploration, including regional sampling;
Community and government relations, including presentations and site visits for key government and community groups, as well as support of local environmental and community projects;
Environmental monitoring and testing in support of the underground program.


The budget for completion of the FS, underground program (including the expanded infill drilling program of approximately 50,000 metres), land acquisition, ESIA and submission of the planning application is approximately 27.5 million British pounds ($55-million), spanning the period from Oct. 1, 2015, to Dec. 31, 2016. This budget does not include corporate general and administrative costs. Increased levels of project spending compared with 2014 are expected to continue during the fourth quarter, as both fieldwork and study work continue, and the majority of the land acquisition for the mine infrastructure is finalized.

CONDENSED CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS

Three months ended Sept. 30, Nine months ended Sept. 30,
2015 2014 2015 2014
Operating expenses
Salaries and related
benefits $ 1,231,245 $ 659,139 $ 2,775,842 $ 1,954,736
Professional fees
and consulting 328,930 158,308 553,288 450,441
Share-based payments 363,759 237,157 968,932 860,427
Investor relations
and general travel 307,511 165,046 874,823 524,525
Office, regulatory
and general 159,507 242,910 571,947 538,708
Amortization 24,243 38,943 101,250 126,852
Foreign exchange
gain (321,333) (246,569) (1,017,547) (248,619)
Interest and bank
charges 3,092 2,277 5,907 7,452
2,096,954 1,257,211 4,834,442 4,214,522
Interest income and
other 34,153 76,076 167,204 139,405
(Loss) and comprehensive
(loss) for the period (2,062,801) (1,181,135) (4,667,238) (4,075,117)
(Loss) per share -- basic
and diluted (0.01) (0.01) (0.03) (0.04)


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aDNA-2325833&symbol=DNA&region=C

 

[Kostolanys Erbe]

PLG mit neuem Tief !

SBB weiter saustark! Riecht eigentlich nach Übernahme...komplett gegen den Trend die letzten 2 1/2 Monate nach oben

 

[greenhorn]

Guten Morgen!

08:00 - ! EU ACEA Kfz-Neuzulassungen Oktober
• 10:00 - IT Außenhandel September
• 10:30 - GB Arbeitsmarktdaten Oktober
• 11:00 - ! DE ZEW Konjunkturerwartung November
• 11:45 - US ICSC-UBS Index (Woche)
• 13:55 - US Redbook (Woche)
• 14:30 US Verbraucherpreise Oktober
• 15:00 - US Internationale Kapitalströme September
• 15:15 US Industrieproduktion Oktober
• 15:15 US Kapazitätsauslastung Oktober
• 16:00 - ! US NAHB/WF Hausmarktindex November

 

[greenhorn]

so ne Shice.........

Kostolanys Erbe schrieb am 16.11.2015, 22:03 Uhr[/url]"]PLG mit neuem Tief !

» zur Grafik



SBB weiter saustark! Riecht eigentlich nach Übernahme...komplett gegen den Trend die letzten 2 1/2 Monate nach oben

» zur Grafik

 

[greenhorn]

TV - leider kleiner Quartalsverlust, aber der Weg ist i.O.
Ausblick Top! müssen nur die Marktpreise mitspielen..........

Production guidance for 2015 from the Company's Santander mine has been increased to approximately:

50-52 million pounds of payable zinc, up from 48-50 million pounds, in concentrate grading approximately 50 per cent Zn and at an average head grade of 4.2 to 4.4 per cent Zn;
29-31 million pounds of payable lead, up from 23-25 million pounds, in concentrate grading approximately 56 to 58 per cent Pb and at an average head grade of 1.8 to 2.1 per cent Pb;
1.00-1.05 million ounces of payable silver, up from 850,000 to 950,000 ounces, at an average head grade of 1.5 to 1.8 ounces per ton Ag.

Cash costs for 2015 are now estimated at approximately US$46 to $48 per tonne milled, down from the previous estimate of US$48 to $51 per tonne milled, given the efficiencies and cost optimizations that have occurred throughout the year to date. (Please see Cautionary Note on Forward Looking Statements at the end of this document).

November 16, 2015 16:17 ET
Trevali Reports Third Quarter 2015 Financial Results and Provides Caribou Commissioning Update
http://www.marketwired.com/press-re...ides-caribou-commissioning-tsx-tv-2074157.htm

Q3 EBITDA(1) $3.9 Million, Revenues $27 Million and Net Loss of $3.4 Million

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 16, 2015) - Trevali Mining Corporation ("Trevali" or the "Company") (TSX:TV)(LMA:TV)(OTCQX:TREVF)(FRANKFURT:4TI) has released financial results for the three months ("Q3") and nine months ended September 30, 2015, posting a third quarter net loss of $3.4 million ($0.01 per share). Santander Mine operations income for the quarter was $1.5 million on concentrate sales revenue of $27 million.

This release should be read in conjunction with Trevali's unaudited condensed consolidated financial statements and management's discussion and analysis for the three months and nine months ended September 30, 2015, which is available on Trevali's website and on SEDAR. All financial figures are in Canadian dollars unless otherwise stated.

Q3-2015 Highlights:

Santander concentrate sales revenue of $27 million
EBITDA(1) of $3.9 million
Income from Santander mine operations of $1.5 million
Santander Q3 site cash costs(2) of US$0.28 per pound of payable Zinc Equivalent ("ZnEq")(3) produced or US$38.67/tonne milled, ahead of the Company's revised year-end guidance of US$46-48 per tonne milled
Santander Q3 production of 14.8-million payable pounds of zinc, 7.8-million payable pounds of lead and 285,962 payable ounces of silver
Santander Q3 sales of 15.2-million pounds of zinc, 8-million pounds of lead, and 290,228 ounces of silver
Realized selling prices for zinc, lead and silver of US$0.78 per pound, US$0.73 per pound and US$14.80 per ounce respectively at Santander
Santander mill recoveries remain higher than design at 90% for Zn, 89% for Pb and 77% for Ag
Net loss of $3.4 million or ($0.01) per share

"Despite a weak price environment for all commodities, the Santander unit performed strongly during the third quarter posting positive operational income on the back of concentrate sales revenue of $27 million," stated Dr. Mark Cruise, Trevali's President and CEO. "As anticipated the current short-term Zn and Pb pricing environment, which fails to reflect macro-supply fundamentals, has resulted in the announcement of major industry production cuts globally. This coupled with the near-term closure of major Tier-1 zinc mines by end of year (Lisheen & Century) and ongoing destocking of Zn and Pb warehouses should help reinforce the Company's position, as the only primary zinc producer on the TSX, to benefit from any Zn (and Pb) price strengthening into 2016."

Q3-2015 Financial Results Conference Call

The Company will host a conference call and audio webcast at 10:30 a.m. Eastern Time (7:30 a.m. Pacific Time) on Tuesday, November 17, 2015 to review the financial results. Participants are advised to dial in 5-to-10 minutes prior to the scheduled start time of the call.
Conference call dial-in details:
Toll-free (North America): 1-866-223-7781
Toronto and international: 1-416-340-2216
Audio Webcast: www.gowebcasting.com/7099

greenhorn schrieb am 09.10.2015, 15:00 Uhr[/url]"]Misch-EK bei 0,46 CAD - Verkauf zu 0,55 CAD
Rückkauf geplant wenn heutiges Eröffnungsgap eventuell geschlossen wird

greenhorn schrieb am 09.10.2015, 09:59 Uhr[/url]"]TV - vom glencore-Einsturz etwas erholt, aber da geht nach den Ergebnissen doch noch deutlich mehr
beide Minen laufen sehr gut ........ agregiert ist Trevali ein mittelschwerer Produzent
Produktionsziele für Santander auch deutlich erhöht

October 08, 2015 10:26 ET

Trevali Reports Record Santander Mine Production for Q3-2015 and Increases 2015 Guidance

September Caribou mine commissioning update - zinc and lead recoveries continue to increase
http://www.marketwired.com/press-re...15-increases-2015-guidance-tsx-tv-2062465.htm

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 8, 2015) - Trevali Mining Corporation ("Trevali" or the "Company") (TSX:TV)(LMA:TV)(OTCQX:TREVF)(FRANKFURT:4TI) reports preliminary Santander Mine production results for its third quarter ("Q3") ending September 30, 2015 of approximately 14.6 million payable pounds of zinc, 7.6 million payable pounds of lead and 282,108 payable ounces of silver (see Table 1).

Q3-2015 recoveries at Santander averaged 90% for zinc, 89% for lead and 77% for silver. Mill throughput for the quarter was 197,288 tonnes, the highest throughput to date at Santander. Average Q3 head grades were 4.40% Zn, 2.09% Pb and 1.7 oz/ton Ag with production of 15,729 tonnes of zinc concentrate averaging 50% Zn and 6,525 tonnes of lead-silver concentrate averaging 56% Pb and 41.7 oz/ton Ag for the quarter.

"Continued solid production from our Santander unit delivered one of our best quarterly performances to date with record zinc production and mill throughput," stated Dr. Mark Cruise, Trevali's President and CEO. "Based on these strong results, the Company has boosted its 2015 Santander production guidance estimate. In tandem with this Santander continues to react well to the current commodity climate by capturing efficiencies and cost savings on a quarter-to-quarter basis."

greenhorn schrieb am 28.09.2015, 15:59 Uhr[/url]"]Juten Tach,.......nur kurz die Tage
ich glaube ich ahne warum - Trevali läuft glaube im Schlepptau von Glencore wegen der Abnahmeverträge.......
2.Posi um 0,33 CAD

greenhorn schrieb am 25.09.2015, 15:13 Uhr[/url]"]September 25, 2015 09:00 ET

High-Grade Zinc-Lead-Silver Mineralization Expands Magistral Central & Fatima Zones at Santander Zinc Mine
Highlights include: 42.1 metres(i) of 8.3% Zn, 1.9% Pb & 3.5 oz/ton Ag at Fatima-Central and 14.8 metres(i) of 9% Zn, 0.5% Pb, 2.0 oz/ton Ag at Fatima

http://www.marketwired.com/press-re...ral-fatima-zones-santander-tsx-tv-2058557.htm


VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 25, 2015) - Trevali Mining Corporation ("Trevali" or the "Company") (TSX:TV)(LMA:TV)(OTCQX:TREVF)(FRANKFURT:4TI) announces results of five drill holes from its 2015 exploration program designed to test the deeper levels of the Fatima and Magistral Central zones at its Santander Zinc Mine in Peru. All five drill holes intersected significant lead-silver-zinc mineralization and remain open for expansion:

greenhorn schrieb am 25.09.2015, 09:31 Uhr[/url]"]TV - bereitet mir ein Rätsel, die Kursentwicklung kann ich nicht nachvollziehen
wegen der Indexrausnahme, das sollte doch gegessen sein und die Zinkpreis erholen sich
fehlt ein Baustein.......

Trevali Mining deleted from S&P/TSX SmallCap

2015-09-11 20:00 ET - Miscellaneous


S&P Dow Jones Indices Canadian Index Services will make changes in the S&P/TSX SmallCap Index as a result of the annual review of the index. These changes will be effective after the close of trading on Friday, Sept. 18, 2015.

greenhorn schrieb am 09.09.2015, 17:45 Uhr[/url]"]TV - um die Tragweite der Augustzahlen zu verdeutlichen.......
im 2.Q hat TV 13,7 Mio Pfund Zink produziert........allein im August sind es nun 10 Mio Pfund gewesen; dazu dann noch die Juli+Septemberproduktion

erwarte hier demnächst durchaus positive Analystenkommentare, alles im Gesamtkontext der Weltwirtschaft natürlich

".............

Second quarter 2015 highlights:

Concentrate sales revenue of $30.5-million;
EBITDA (earnings before interest, taxes, depreciation and amortization) of $7.2-million;
Income from Santander mine operations of $5.4-million;
Net income of $200,000, or nil per share;
Second quarter site cash costs of 33 U.S. cents per pound of payable zinc equivalent produced or $44.95 (U.S.) per tonne milled, in line with company's 2015 cost guidance;
Second quarter production of 13.7 million payable pounds of zinc, 8.7 million payable pounds of lead and 290,225 payable ounces of silver;
Second quarter sales of 13.2 million pounds of zinc, 8.7 million pounds of lead and 290,879 ounces of silver;
Realized selling prices for zinc, lead and silver of 95 U.S. cents per pound, 82 U.S. cents per pound and $16.33 (U.S.) per ounce, respectively;
Mill recoveries remained strong at 90 per cent for zinc, 88 per cent for lead and 78 per cent for silver in the second quarter of 2015.

...."

greenhorn schrieb am 09.09.2015, 15:09 Uhr[/url]"]TV - Trevali, haben ihre Zinkproduktion von Juli knapp 2000 Tonnen im August auf 5000 Tonnen gesteigert!
bisher moderate Erholung von den letzten Tief´s, ähnlich TKO
könnte heute neuen Schub bekommen, hab mal ne MiniPosi zu 0,41 Euro vorab gekauft

September 09, 2015 08:16 ET

Trevali Provides Caribou Zinc Mine Commissioning Update

http://www.marketwired.com/press-re...-mine-commissioning-update-tsx-tv-2053859.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 9, 2015) - Trevali Mining Corporation ("Trevali" or the "Company") (TSX:TV)(LMA:TV)(OTCQX:TREVF)(FRANKFURT:4TI) provides an August mine and mill commissioning update for its Caribou Zinc Mine in the Bathurst Mining Camp of northern New Brunswick. A detailed description is provided below and progress highlights are as follows (Table 1):

spatzemann schrieb am 27.08.2014, 09:51 Uhr[/url]"]Könnte Trevali ein Kandidat sein?
Trevali Mining Aktie [WKN: A1H9CE / ISIN: CA89531J1093]

http://www.stock-world.de/analysen/...ancen_bei_einem_unterschaetzten_Rohstoff.html

Rookie schrieb am 26.08.2014, 20:34 Uhr[/url]"]Zinkzerti oder hast du einen zinkwert auf dem radar?

dukezero schrieb am 26.08.2014, 17:59 Uhr[/url]"]Zink,Kupfer Defizit!

Arabica Kaffee in Brasilien steht vor einem massiven Einbruch!!

 

[Fischlaender]

Du sagst es bleiche Taube...

greenhorn schrieb am 17.11.2015, 09:18 Uhr[/url]"]so ne Shice.........

Kostolanys Erbe schrieb am 16.11.2015, 22:03 Uhr[/url]"]PLG mit neuem Tief !

» zur Grafik



SBB weiter saustark! Riecht eigentlich nach Übernahme...komplett gegen den Trend die letzten 2 1/2 Monate nach oben

» zur Grafik

 

[greenhorn]

jo, roter Adler..........

Fischlaender schrieb am 17.11.2015, 10:23 Uhr[/url]"]Du sagst es bleiche Taube...

greenhorn schrieb am 17.11.2015, 09:18 Uhr[/url]"]so ne Shice.........

Kostolanys Erbe schrieb am 16.11.2015, 22:03 Uhr[/url]"]PLG mit neuem Tief !

» zur Grafik



SBB weiter saustark! Riecht eigentlich nach Übernahme...komplett gegen den Trend die letzten 2 1/2 Monate nach oben

» zur Grafik

 

[greenhorn]

TKO - gestern durch die letzte Unterstützung......... ; uff nüscht mehr Verlass in diesem Gurkenland.......
MK nun bei 113 Mio CAD

greenhorn schrieb am 12.11.2015, 09:34 Uhr[/url]"]TKO - Taseko, trotz Verlust ein gutes Quartal, sind meiner Meinung nach auf dem richtigen Weg

MK bei 125 Mio.CAD
Cash bei 91 Mio $ !!!
man bekommt die Produktion quasi geschenkt

Taseko loses $17.72-million in Q3

2015-11-11 16:46 ET - News Release

Mr. Russell Hallbauer reports

TASEKO ANNOUNCES THIRD QUARTER 2015 RESULTS

Taseko Mines Ltd. has released the results for the three months ended Sept. 30, 2015.

Third quarter 2015 highlights:

Earnings from mining operations before depletion and amortization were $20.1-million, and adjusted earnings before interest, taxes, depreciation and amortization were $19.5-million compared with $7.1-million and $2.4-million, respectively, during the same period in 2014.
Cash flow from operations was $19.6-million compared with $22.4-million in the third quarter 2014.
Site operating costs were $1.42 (U.S.) per pound, and total operating costs (C1) were $1.76 (U.S.) per pound, down 40 per cent and 36 per cent, respectively, from the third quarter 2014.
Cash and equivalents at the end of the quarter were $91.1-million up from $74.9-million at the end of the second quarter.
Revenues were $89.5-million from the sale of 30.8 million pounds of copper (Taseko's 75-per-cent share).
Total production at Gibraltar (100 per cent) for the third quarter was 40.9 million pounds of copper.
During the quarter, Taseko extended its copper hedging program by purchasing put options for 15 million pounds of copper in the first quarter of 2016 at a strike price of $2.05 (U.S.) per pound. These are in addition to the put options for 15 million pounds in the fourth quarter at a strike price of $2.40 (U.S.) per pound.
On July 28, Taseko finalized a participation and co-operation agreement between the Gibraltar mine and Soda Creek Indian Band, reflecting a commitment to work together productively and harmoniously, in the spirit of good faith and co-operation.

Russell Hallbauer, president and chief executive officer of Taseko, commented: "Declining operating costs at Gibraltar offset the lower average copper price during the quarter. In addition to reduced spending, the mine also benefited from higher than forecasted copper grades, as well as improved copper recoveries. We believe the cost reductions that have been made are sustainable even as we cycle back to lower copper grades in the coming quarters. Our focus will remain on maintaining an operating margin during the difficult market conditions we are presently experiencing."

Mr. Hallbauer continued: "The company's cash position has climbed to a comfortable level over the past number of months. Since the end of 2014, we have increased our cash position by $38-million to $91-million at the end of the quarter. We continue to pursue a number of options to further strengthen our balance sheet in addressing the RK Mine Finance loan, which was associated with our Curis acquisition and comes due in May, 2016. We remain confident that we will be able to replace the RK loan with less expensive, longer-term debt.

"While our main focus is navigating the current pricing environment and managing our liquidity, we are still maintaining our project pipeline for future growth. We are steadily advancing our projects, specifically Aley and Florence copper, without spending significant dollars. Most of the work on Aley is environmental assessment related, but our engineering team is also making progress in reducing preproduction capital costs. At Florence copper, the project team is working on the final two permits required to move forward with the phase 1 production test facility. The timing of both these final permits is somewhat uncertain, but our expectation is that they could be in hand by early 2016," added Mr. Hallbauer.

greenhorn schrieb am 02.10.2015, 07:55 Uhr[/url]"]TKO - für mein Verständnis ein gutes Ergebnis

Taseko Mines produces 41 million lb Cu in Q3 2015

2015-10-01 14:37 ET - News Release

Mr. Russell Hallbauer reports

TASEKO ANNOUNCES STRONG THIRD QUARTER PRODUCTION RESULTS

Taseko Mines Ltd. had third quarter 2015 production of 41 million pounds of copper, 16 per cent higher than the 35.4 million pounds achieved in the third quarter 2014. Total sales for the third quarter were 41 million pounds of copper.

Russell Hallbauer, president and chief executive officer of Taseko, commented: "During the quarter, planned maintenance was performed on both SAG mills, as well as other key circuits in the mill, resulting in daily mill throughput of 82,000 tons. This was 3.6 per cent below design capacity and below the 88,000 tons per day achieved in the previous quarter. With the maintenance work now behind us, we expect to be back to the higher throughput levels in the fourth quarter.

"In the second quarter, Gibraltar's costs steadily declined with June's total operating costs (C1) at $1.80 (U.S.) per pound. Third quarter average costs are expected to be at a similar level to June, even though mill throughput in the quarter was slightly below capacity. Lower costs are a result of operational efficiency improvements as well as cost containment initiatives, in both the mine and mill.

"Our engineering team is finalizing Gibraltar's 2016 operating plan and have already identified a number of areas for cost savings, in addition to those already being realized. It is important to understand that we are maintaining a very adaptable mine plan in the event copper prices unexpectedly decline. There are a number of actions we can take to deal with lower copper pricing, as we did in 2008 when we lowered total operating costs (C1) from $2.02 (U.S.) per pound in August, 2008, to $1.13 (U.S.) per pound by February, 2009.

"Our hedging strategy is providing stability to cash flow during this period of volatile copper pricing. In the third quarter, the copper put options provided proceeds of $2.3-million. For the fourth quarter, we have put options in place at $2.40 (U.S.) per pound, which at today's exchange rate is equivalent to $3.20 per pound, for five million pounds per month. More recently we purchased copper put options for the first quarter 2016 with a strike price of $2.05 (U.S.) per pound. We will continue to look for opportunities to improve our price protection in 2016."

We seek Safe Harbor.

© 2015 Canjex Publishing Ltd. All rights reserved.

greenhorn schrieb am 09.07.2015, 15:19 Uhr[/url]"]zu TKO - heute Kaufempfehlung und Erhöhung Kursziel

Globe says Przybylowski hikes Taseko target to $1.90
2015-07-09 06:35 ET - In the News

The Globe and Mail reports in its Thursday, July 9, edition that Taseko Mines (60 cents) posted strong production and sales results for the second quarter that beat Desjardins Capital Markets' estimates. The Globe's Ahmad Hathout and Gillian Livingston write in the Eye On Equities column that Desjardins says: "We expect continued strong production, sales and cost result through 2015 as the improvements achieved are expected to continue to benefit operations. We maintain our 'buy-above-average risk' rating." Desjardins analyst Jackie Przybylowski says Taseko continues to be Desjardins's "preferred small-cap to mid-cap producer based on its expectation for continued production improvement in the near term." Ms. Przybylowski, while maintaining her rating, increased Taseko's one-year price target to $1.90 per share, up from $1.75. Raymond James analyst Adam Low rated Taseko "outperform" in the Eye column on Sept. 18, 2014. The shares were then worth $2.14. Dundee Securities analyst Joseph Gallucci cut Taseko to "neutral" from "buy" in the Eye column on Nov. 26, 2014. It was then worth $1.65. Ms. Przybylowski maintained Taseko as her "top pick" in the Eye column on Jan. 6, 2015. It was then worth $1.22.

© 2015 Canjex Publishing Ltd. All rights reserved

greenhorn schrieb am 08.07.2015, 15:57 Uhr[/url]"]TV - Trevali und
TKO - Taseko auch mit guten Produktionsergebnissen.......beide Chart ausgeleiert.....am Tiiiiiiiiiiiiief

eigentlich beides auch gute Reboundkandidaten 8)

 

[Fischlaender]

Quaterra Releases Results of First Drill Hole at Bear Copper Deposit, Yerington, Nevada

Continuous Mineralized Zone of 1,157 Feet of 0.42% Copper With Higher-Grade Intervals

http://juniorminingnetwork.com/junior-miner-news/press-releases/989-tsx-venture/qta/13782-quaterra-releases-results-of-first-drill-hole-at-bear-copper-deposit-yerington-nevada.html

VANCOUVER, BC--(Marketwired - November 17, 2015) - Quaterra Resources Inc.
("Quaterra" or the "Company") and its subsidiary Singatse Peak Services LLC ("SPS") today announced results from Hole B-048, the first core hole of a drill program to explore and further define the Bear deposit, a large porphyry copper system on the Company's 52-square mile property in the historic Yerington Copper District of Nevada. The drill program is being funded with option payments to SPS by Freeport-McMoRan Nevada LLC ("Freeport Nevada").

Highlights

Hole B-048, drilled vertically to a depth of 3,438 feet, intercepted 1,157.5 feet (352.9 meters) of 0.42% copper beginning at a depth of 1,573 feet. This interval contains several zones of higher grade mineralization, most notably 123.6 feet (37.7 meters) beginning at 2,588.5 feet averaging 1.07% copper, 0.03% molybdenum, 0.036 ppm gold and 0.9 ppm silver, and including 68.3 feet (20.8 meters) beginning at 2,643.8 feet of 1.42% copper, 0.03% molybdenum, 0.05 ppm gold and 1.4 ppm silver (see table below). Hole B-048 is a twin of the Anaconda Mining Company's historic hole 23B drilled in 1966.

...

Fischlaender schrieb am 28.09.2015, 16:04 Uhr[/url]"]QTA Rueckkauf 0,08

 

[Kostolanys Erbe]

Kauf Turbo-Call auf Gold: SG88X8 zu 0,69 €

Abgesichert zu 0,41 €

 

[Rooky]

Riskant, Gold weiss momentan nicht wo es hin soll

Kostolanys Erbe schrieb am 17.11.2015, 15:45 Uhr[/url]"]Kauf Turbo-Call auf Gold: SG88X8 zu 0,69 €

Abgesichert zu 0,41 €

 

[PerseusLtd]

Ich persönlich glaube eher an den Test der 1000 USD

Rookie schrieb am 17.11.2015, 16:05 Uhr[/url]"]Riskant, Gold weiss momentan nicht wo es hin soll

Kostolanys Erbe schrieb am 17.11.2015, 15:45 Uhr[/url]"]Kauf Turbo-Call auf Gold: SG88X8 zu 0,69 €

Abgesichert zu 0,41 €

 

[Rooky]

überlege auf den S&P 500 Short zu gehen
Faktor Zertifikat auf S&P 500 8,00x Short Open End (VON)
ISIN: DE000VZ8SSP8 WKN: VZ8SSP

Zinswende?
USA: Industrieproduktion fällt überraschend den dritten Monat in Folge

 

[Rooky]

hätte ich mal auf mich gehört

 

[greenhorn]

Rookie schrieb am 17.11.2015, 16:21 Uhr[/url]"]überlege auf den S&P 500 Short zu gehen
Faktor Zertifikat auf S&P 500 8,00x Short Open End (VON)
ISIN: DE000VZ8SSP8 WKN: VZ8SSP

Zinswende?
USA: Industrieproduktion fällt überraschend den dritten Monat in Folge

 

[greenhorn]

oh, bei TT 0,50 CAD plötzlich gedreht und aktuell bei 0,59 CAD im Plus
wahrscheinlich Kaufempfehlung?

greenhorn schrieb am 17.11.2015, 10:44 Uhr[/url]"]TKO - gestern durch die letzte Unterstützung......... ; uff nüscht mehr Verlass in diesem Gurkenland.......
MK nun bei 113 Mio CAD

greenhorn schrieb am 12.11.2015, 09:34 Uhr[/url]"]TKO - Taseko, trotz Verlust ein gutes Quartal, sind meiner Meinung nach auf dem richtigen Weg

MK bei 125 Mio.CAD
Cash bei 91 Mio $ !!!
man bekommt die Produktion quasi geschenkt

Taseko loses $17.72-million in Q3

2015-11-11 16:46 ET - News Release

Mr. Russell Hallbauer reports

TASEKO ANNOUNCES THIRD QUARTER 2015 RESULTS

Taseko Mines Ltd. has released the results for the three months ended Sept. 30, 2015.

Third quarter 2015 highlights:

Earnings from mining operations before depletion and amortization were $20.1-million, and adjusted earnings before interest, taxes, depreciation and amortization were $19.5-million compared with $7.1-million and $2.4-million, respectively, during the same period in 2014.
Cash flow from operations was $19.6-million compared with $22.4-million in the third quarter 2014.
Site operating costs were $1.42 (U.S.) per pound, and total operating costs (C1) were $1.76 (U.S.) per pound, down 40 per cent and 36 per cent, respectively, from the third quarter 2014.
Cash and equivalents at the end of the quarter were $91.1-million up from $74.9-million at the end of the second quarter.
Revenues were $89.5-million from the sale of 30.8 million pounds of copper (Taseko's 75-per-cent share).
Total production at Gibraltar (100 per cent) for the third quarter was 40.9 million pounds of copper.
During the quarter, Taseko extended its copper hedging program by purchasing put options for 15 million pounds of copper in the first quarter of 2016 at a strike price of $2.05 (U.S.) per pound. These are in addition to the put options for 15 million pounds in the fourth quarter at a strike price of $2.40 (U.S.) per pound.
On July 28, Taseko finalized a participation and co-operation agreement between the Gibraltar mine and Soda Creek Indian Band, reflecting a commitment to work together productively and harmoniously, in the spirit of good faith and co-operation.

Russell Hallbauer, president and chief executive officer of Taseko, commented: "Declining operating costs at Gibraltar offset the lower average copper price during the quarter. In addition to reduced spending, the mine also benefited from higher than forecasted copper grades, as well as improved copper recoveries. We believe the cost reductions that have been made are sustainable even as we cycle back to lower copper grades in the coming quarters. Our focus will remain on maintaining an operating margin during the difficult market conditions we are presently experiencing."

Mr. Hallbauer continued: "The company's cash position has climbed to a comfortable level over the past number of months. Since the end of 2014, we have increased our cash position by $38-million to $91-million at the end of the quarter. We continue to pursue a number of options to further strengthen our balance sheet in addressing the RK Mine Finance loan, which was associated with our Curis acquisition and comes due in May, 2016. We remain confident that we will be able to replace the RK loan with less expensive, longer-term debt.

"While our main focus is navigating the current pricing environment and managing our liquidity, we are still maintaining our project pipeline for future growth. We are steadily advancing our projects, specifically Aley and Florence copper, without spending significant dollars. Most of the work on Aley is environmental assessment related, but our engineering team is also making progress in reducing preproduction capital costs. At Florence copper, the project team is working on the final two permits required to move forward with the phase 1 production test facility. The timing of both these final permits is somewhat uncertain, but our expectation is that they could be in hand by early 2016," added Mr. Hallbauer.

greenhorn schrieb am 02.10.2015, 07:55 Uhr[/url]"]TKO - für mein Verständnis ein gutes Ergebnis

Taseko Mines produces 41 million lb Cu in Q3 2015

2015-10-01 14:37 ET - News Release

Mr. Russell Hallbauer reports

TASEKO ANNOUNCES STRONG THIRD QUARTER PRODUCTION RESULTS

Taseko Mines Ltd. had third quarter 2015 production of 41 million pounds of copper, 16 per cent higher than the 35.4 million pounds achieved in the third quarter 2014. Total sales for the third quarter were 41 million pounds of copper.

Russell Hallbauer, president and chief executive officer of Taseko, commented: "During the quarter, planned maintenance was performed on both SAG mills, as well as other key circuits in the mill, resulting in daily mill throughput of 82,000 tons. This was 3.6 per cent below design capacity and below the 88,000 tons per day achieved in the previous quarter. With the maintenance work now behind us, we expect to be back to the higher throughput levels in the fourth quarter.

"In the second quarter, Gibraltar's costs steadily declined with June's total operating costs (C1) at $1.80 (U.S.) per pound. Third quarter average costs are expected to be at a similar level to June, even though mill throughput in the quarter was slightly below capacity. Lower costs are a result of operational efficiency improvements as well as cost containment initiatives, in both the mine and mill.

"Our engineering team is finalizing Gibraltar's 2016 operating plan and have already identified a number of areas for cost savings, in addition to those already being realized. It is important to understand that we are maintaining a very adaptable mine plan in the event copper prices unexpectedly decline. There are a number of actions we can take to deal with lower copper pricing, as we did in 2008 when we lowered total operating costs (C1) from $2.02 (U.S.) per pound in August, 2008, to $1.13 (U.S.) per pound by February, 2009.

"Our hedging strategy is providing stability to cash flow during this period of volatile copper pricing. In the third quarter, the copper put options provided proceeds of $2.3-million. For the fourth quarter, we have put options in place at $2.40 (U.S.) per pound, which at today's exchange rate is equivalent to $3.20 per pound, for five million pounds per month. More recently we purchased copper put options for the first quarter 2016 with a strike price of $2.05 (U.S.) per pound. We will continue to look for opportunities to improve our price protection in 2016."

We seek Safe Harbor.

© 2015 Canjex Publishing Ltd. All rights reserved.

greenhorn schrieb am 09.07.2015, 15:19 Uhr[/url]"]zu TKO - heute Kaufempfehlung und Erhöhung Kursziel

Globe says Przybylowski hikes Taseko target to $1.90
2015-07-09 06:35 ET - In the News

The Globe and Mail reports in its Thursday, July 9, edition that Taseko Mines (60 cents) posted strong production and sales results for the second quarter that beat Desjardins Capital Markets' estimates. The Globe's Ahmad Hathout and Gillian Livingston write in the Eye On Equities column that Desjardins says: "We expect continued strong production, sales and cost result through 2015 as the improvements achieved are expected to continue to benefit operations. We maintain our 'buy-above-average risk' rating." Desjardins analyst Jackie Przybylowski says Taseko continues to be Desjardins's "preferred small-cap to mid-cap producer based on its expectation for continued production improvement in the near term." Ms. Przybylowski, while maintaining her rating, increased Taseko's one-year price target to $1.90 per share, up from $1.75. Raymond James analyst Adam Low rated Taseko "outperform" in the Eye column on Sept. 18, 2014. The shares were then worth $2.14. Dundee Securities analyst Joseph Gallucci cut Taseko to "neutral" from "buy" in the Eye column on Nov. 26, 2014. It was then worth $1.65. Ms. Przybylowski maintained Taseko as her "top pick" in the Eye column on Jan. 6, 2015. It was then worth $1.22.

© 2015 Canjex Publishing Ltd. All rights reserved

greenhorn schrieb am 08.07.2015, 15:57 Uhr[/url]"]TV - Trevali und
TKO - Taseko auch mit guten Produktionsergebnissen.......beide Chart ausgeleiert.....am Tiiiiiiiiiiiiief

eigentlich beides auch gute Reboundkandidaten 8)