Rohstoffthread / CCG-Hauptthread

[Fischlaender]

Ich will nicht Unken, aber die Pressemeldung besagt doch nix anderes, als dass Commerce von einem Glencore Ableger Sulphuric Acid kauft und nicht, dass ein Glencore Ableger etwas von Commerce kauft...?

greenhorn schrieb am 07.04.2016, 13:54 Uhr[/url]"] manchmal geht es ja schnell.......denke das eine Verdoppelung durchaus möglich ist

Ollinho schrieb am 07.04.2016, 13:45 Uhr[/url]"]

http://rockstone-research.com/images/PDF/Commerce16de.pdf?utm_source=CCE+de+7.4&utm_campaign=CCE+de+7.4&utm_medium=email

greenhorn schrieb am 07.04.2016, 13:15 Uhr[/url]"]CCE - Commerce Res. Long


http://www.stockwatch.com/News/Item.aspx?bid=Z-C:CCE-2360949&symbol=CCE&region=C
Commerce enters Ashram H2SO4 supply deal with NorFalco

2016-04-07 06:35 ET - News Release

Mr. Chris Grove reports

COMMERCE RESOURCES CORP. ANNOUNCES BINDING MEMORANDUM OF UNDERSTANDING WITH NORFALCO

Commerce Resources Corp. has entered into a memorandum of understanding with NorFalco Sales, a division of Glencore Canada Corp.

Under the terms of the MOU, the company agrees that NorFalco will be the sole provider of the sulphuric acid required for the Ashram project, at highly competitive market rates and terms. The agreement is binding and is subject to an initial five-year term, and may be renegotiated thereafter.

Company president Chris Grove stated: "We are very excited to be working with NorFalco, an industry leader in marketing, trading and distribution of sulphuric acid. This agreement is a significant first step in what we expect to be a meaningful ongoing supply relationship with NorFalco. The nature of this agreement today is that it is a benefit to the Ashram project with favourable pricing for one of the largest project consumables. We look forward to working with NorFalco."

The information outlined in this news release will be incorporated, along with other necessary technical data including geological and engineering studies, into the continuing prefeasibility study, with costs and benefits to be described in more detail therein.

 

[greenhorn]

jo, allerdings wirkt sich das auf die Profitabilität des Projektes aus - mal sehen.....kan natürlich auch ein lauer Pups werden..........aber kann sich auch drehen

"....Es ist nicht schwierig, die Tiefe
und Logik hinter einem derartigen Vertrag zu erkennen, da
Glencore viel mehr als nur ein Schwefelsäure-Lieferant ist (etwa $2 Mrd. Gewinn letztes Jahr). Glencore handelt mit
mehr als 90 Rohstoffen, einschliesslich
Fluorspar/Flußspat (CaF2), welchen
Rohstoff Commerce vor kurzem als
mögliches Nebenprodukt identifiz
iert hat. Die Fluorspar-Angebotsseite
wird von China und Mexiko dominiert,
wobei praktisch keine Produktion aus
den USA oder Kanada kommt, obwohl
es in diesem Teil der Welt einen signifikanten Verbrauch gibt. Commerce
und ihr Ashram Projekt dürften auf
einzigartige Weise positioniert sein,
um mit Glencore als Partner aus die
sem geographischen Angebots-”Loch”
Kapital zu schlagen. ..."

Fischlaender schrieb am 07.04.2016, 13:59 Uhr[/url]"]Ich will nicht Unken, aber die Pressemeldung besagt doch nix anderes, als dass Commerce von einem Glencore Ableger Sulphuric Acid kauft und nicht, dass ein Glencore Ableger etwas von Commerce kauft...?

greenhorn schrieb am 07.04.2016, 13:54 Uhr[/url]"] manchmal geht es ja schnell.......denke das eine Verdoppelung durchaus möglich ist

Ollinho schrieb am 07.04.2016, 13:45 Uhr[/url]"]

http://rockstone-research.com/images/PDF/Commerce16de.pdf?utm_source=CCE+de+7.4&utm_campaign=CCE+de+7.4&utm_medium=email

greenhorn schrieb am 07.04.2016, 13:15 Uhr[/url]"]CCE - Commerce Res. Long


http://www.stockwatch.com/News/Item.aspx?bid=Z-C:CCE-2360949&symbol=CCE&region=C
Commerce enters Ashram H2SO4 supply deal with NorFalco

2016-04-07 06:35 ET - News Release

Mr. Chris Grove reports

COMMERCE RESOURCES CORP. ANNOUNCES BINDING MEMORANDUM OF UNDERSTANDING WITH NORFALCO

Commerce Resources Corp. has entered into a memorandum of understanding with NorFalco Sales, a division of Glencore Canada Corp.

Under the terms of the MOU, the company agrees that NorFalco will be the sole provider of the sulphuric acid required for the Ashram project, at highly competitive market rates and terms. The agreement is binding and is subject to an initial five-year term, and may be renegotiated thereafter.

Company president Chris Grove stated: "We are very excited to be working with NorFalco, an industry leader in marketing, trading and distribution of sulphuric acid. This agreement is a significant first step in what we expect to be a meaningful ongoing supply relationship with NorFalco. The nature of this agreement today is that it is a benefit to the Ashram project with favourable pricing for one of the largest project consumables. We look forward to working with NorFalco."

The information outlined in this news release will be incorporated, along with other necessary technical data including geological and engineering studies, into the continuing prefeasibility study, with costs and benefits to be described in more detail therein.

 

[dukezero]

 

[Ollinho]

Definitiv. Und ein MOU ist in Canada eh nicht wirklich hoch angesehen.

Was bleibt sind die Verbesserungen der möglichen Profitabilität und der Klang des großen Namens Glencore. Aber mal abwarten...sollte zumindest zu etwas mehr Aufmerksamkeit für den Wert führen.

Fischlaender schrieb am 07.04.2016, 13:59 Uhr[/url]"]Ich will nicht Unken, aber die Pressemeldung besagt doch nix anderes, als dass Commerce von einem Glencore Ableger Sulphuric Acid kauft und nicht, dass ein Glencore Ableger etwas von Commerce kauft...?

greenhorn schrieb am 07.04.2016, 13:54 Uhr[/url]"] manchmal geht es ja schnell.......denke das eine Verdoppelung durchaus möglich ist

Ollinho schrieb am 07.04.2016, 13:45 Uhr[/url]"]

http://rockstone-research.com/images/PDF/Commerce16de.pdf?utm_source=CCE+de+7.4&utm_campaign=CCE+de+7.4&utm_medium=email

greenhorn schrieb am 07.04.2016, 13:15 Uhr[/url]"]CCE - Commerce Res. Long


http://www.stockwatch.com/News/Item.aspx?bid=Z-C:CCE-2360949&symbol=CCE&region=C
Commerce enters Ashram H2SO4 supply deal with NorFalco

2016-04-07 06:35 ET - News Release

Mr. Chris Grove reports

COMMERCE RESOURCES CORP. ANNOUNCES BINDING MEMORANDUM OF UNDERSTANDING WITH NORFALCO

Commerce Resources Corp. has entered into a memorandum of understanding with NorFalco Sales, a division of Glencore Canada Corp.

Under the terms of the MOU, the company agrees that NorFalco will be the sole provider of the sulphuric acid required for the Ashram project, at highly competitive market rates and terms. The agreement is binding and is subject to an initial five-year term, and may be renegotiated thereafter.

Company president Chris Grove stated: "We are very excited to be working with NorFalco, an industry leader in marketing, trading and distribution of sulphuric acid. This agreement is a significant first step in what we expect to be a meaningful ongoing supply relationship with NorFalco. The nature of this agreement today is that it is a benefit to the Ashram project with favourable pricing for one of the largest project consumables. We look forward to working with NorFalco."

The information outlined in this news release will be incorporated, along with other necessary technical data including geological and engineering studies, into the continuing prefeasibility study, with costs and benefits to be described in more detail therein.

 

[dukezero]

 

[Fischlaender]

Ok, bei dem Chart kann was gehen.

dukezero schrieb am 07.04.2016, 14:19 Uhr[/url]"]» zur Grafik

 

[dukezero]

http://www.goldinvest.de/index.php/commerce-resources-meldet-deal-mit-glencore-33914

greenhorn schrieb am 07.04.2016, 14:01 Uhr[/url]"]jo, allerdings wirkt sich das auf die Profitabilität des Projektes aus - mal sehen.....kan natürlich auch ein lauer Pups werden..........aber kann sich auch drehen

"....Es ist nicht schwierig, die Tiefe
und Logik hinter einem derartigen Vertrag zu erkennen, da
Glencore viel mehr als nur ein Schwefelsäure-Lieferant ist (etwa $2 Mrd. Gewinn letztes Jahr). Glencore handelt mit
mehr als 90 Rohstoffen, einschliesslich
Fluorspar/Flußspat (CaF2), welchen
Rohstoff Commerce vor kurzem als
mögliches Nebenprodukt identifiz
iert hat. Die Fluorspar-Angebotsseite
wird von China und Mexiko dominiert,
wobei praktisch keine Produktion aus
den USA oder Kanada kommt, obwohl
es in diesem Teil der Welt einen signifikanten Verbrauch gibt. Commerce
und ihr Ashram Projekt dürften auf
einzigartige Weise positioniert sein,
um mit Glencore als Partner aus die
sem geographischen Angebots-”Loch”
Kapital zu schlagen. ..."

Fischlaender schrieb am 07.04.2016, 13:59 Uhr[/url]"]Ich will nicht Unken, aber die Pressemeldung besagt doch nix anderes, als dass Commerce von einem Glencore Ableger Sulphuric Acid kauft und nicht, dass ein Glencore Ableger etwas von Commerce kauft...?

greenhorn schrieb am 07.04.2016, 13:54 Uhr[/url]"] manchmal geht es ja schnell.......denke das eine Verdoppelung durchaus möglich ist

Ollinho schrieb am 07.04.2016, 13:45 Uhr[/url]"]

http://rockstone-research.com/images/PDF/Commerce16de.pdf?utm_source=CCE+de+7.4&utm_campaign=CCE+de+7.4&utm_medium=email

greenhorn schrieb am 07.04.2016, 13:15 Uhr[/url]"]CCE - Commerce Res. Long


http://www.stockwatch.com/News/Item.aspx?bid=Z-C:CCE-2360949&symbol=CCE&region=C
Commerce enters Ashram H2SO4 supply deal with NorFalco

2016-04-07 06:35 ET - News Release

Mr. Chris Grove reports

COMMERCE RESOURCES CORP. ANNOUNCES BINDING MEMORANDUM OF UNDERSTANDING WITH NORFALCO

Commerce Resources Corp. has entered into a memorandum of understanding with NorFalco Sales, a division of Glencore Canada Corp.

Under the terms of the MOU, the company agrees that NorFalco will be the sole provider of the sulphuric acid required for the Ashram project, at highly competitive market rates and terms. The agreement is binding and is subject to an initial five-year term, and may be renegotiated thereafter.

Company president Chris Grove stated: "We are very excited to be working with NorFalco, an industry leader in marketing, trading and distribution of sulphuric acid. This agreement is a significant first step in what we expect to be a meaningful ongoing supply relationship with NorFalco. The nature of this agreement today is that it is a benefit to the Ashram project with favourable pricing for one of the largest project consumables. We look forward to working with NorFalco."

The information outlined in this news release will be incorporated, along with other necessary technical data including geological and engineering studies, into the continuing prefeasibility study, with costs and benefits to be described in more detail therein.

 

[600]

Seeking alpha zu Lithium:
http://seekingalpha.com/instablog/15663412-joe_retail/4871401-lithium-sector-heating-bubbled-yet

Bin da mal den Zock Durango DGO zu 0,06 CAD long, jedoch nur kleine Position

Dazu ebenfalls eine Position LAC zu 0,59CAD, ist vom Chart her noch nicht so gelaufen wie die anderen Lithium-Explorer
Edit: Bei LAC schon gut Volumen die ersten 20 Minuten...

 

[PerseusLtd]

Hab vor einiger Zeit mal eine NTY ( 92 Resources ) als Zock zu 0,045 CAD gekauft ... ebenfalls kleines Lithium-Projekt

600 schrieb am 07.04.2016, 15:47 Uhr[/url]"]Seeking alpha zu Lithium:
http://seekingalpha.com/instablog/15663412-joe_retail/4871401-lithium-sector-heating-bubbled-yet

Bin da mal den Zock Durango DGO zu 0,06 CAD long, jedoch nur kleine Position

Dazu ebenfalls eine Position LAC zu 0,59CAD, ist vom Chart her noch nicht so gelaufen wie die anderen Lithium-Explorer

 

[Fischlaender]

Cornerstone Announces $4.5 Million Financing

OTTAWA, ONTARIO--(Marketwired - April 7, 2016) -

Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX VENTURE:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces that the Board of Directors of the Company has given approval to a non-brokered private placement of up to 90,000,000 units ("Units") at $0.05 per Unit for total gross proceeds of $4.5 million (the "Offering"). Each Unit will consist of one common share of the Company and one non-transferable share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.10 for a period of 5 years from the closing date of the Offering.

All securities issued pursuant to this financing will be subject to a 4 month hold period from the closing date. This Offering will be subject to all necessary regulatory approvals, including approval of the TSX Venture Exchange, and is expected to close the week of May 2nd, 2016.

Affiliates of Sprott Inc. ("Sprott") will act as finders in the private placement for up to 40,000,000 Units. Maxit Capital LP will also act as finders in the private placement for up to 40,000,000 Units. Finders' fees will consist of 7% cash or equivalent in Units at the finders' election, payable on closing. The finders will also receive finders' warrants equal to 7% of the aggregate number of Units purchased by investors introduced by the finders, each finder warrant entitling a finder to purchase one common share of the Company at a price of $0.05 for a period of 2 years from the closing date. The balance of the Units will be subscribed by current shareholders of the Company, management and directors.

Brooke Macdonald, President & CEO of Cornerstone said, "We are very pleased to be working with Sprott and Maxit in completing this private placement. It will provide us with funds to acquire and perform generative initial exploration work on new prospective gold and copper properties in Ecuador, the least explored country in the Andes, which has recently opened up large areas of the country for mineral exploration and where Cornerstone has a 15% interest financed through to completion of a feasibility study in the exciting Cascabel gold enriched copper porphyry project. We will also seek partners to advance our two 100% owned drill ready Ecuadorean gold properties, Vetas Grandes and Bella Maria, the also drill ready Caña Brava property where we have an option to acquire a 100% interest with no further work commitments, and the Miocene project in Chile where we are targeting epithermal gold-silver and porphyry gold-copper deposits along the interpreted northern extension of the Maricunga magmatic belt which hosts several world-class gold deposits."

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.

About Cornerstone:

 

[Fischlaender]

Next move: Reverse split 10:1

In all fairness, they do need the funds. If you look at the last financial report they are running on hot air at the moment and I could also imagine that the Ecuador government told them to get their finances in order prior to signing the generative exploration alliance, maybe that's actually why the signature is overdue.

Plus, if they are really thinking of a 10:1 reverse split in the upcoming period 90 million is not so bad and with that money they are safe for the next say 2 years. Who knows where the market is heading towards. It also drastically minimizes the risk that they would have to sell the 15% in Cascabel for a pittance to raise needed funds.

Fischlaender schrieb am 07.04.2016, 15:54 Uhr[/url]"]Cornerstone Announces $4.5 Million Financing

OTTAWA, ONTARIO--(Marketwired - April 7, 2016) -

Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX VENTURE:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces that the Board of Directors of the Company has given approval to a non-brokered private placement of up to 90,000,000 units ("Units") at $0.05 per Unit for total gross proceeds of $4.5 million (the "Offering"). Each Unit will consist of one common share of the Company and one non-transferable share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.10 for a period of 5 years from the closing date of the Offering.

..

 

[Rooky]

LAC heute auch rein, Server von Share Deals ist platt

Schaut aber nach Rock Tech aus

600 schrieb am 07.04.2016, 15:47 Uhr[/url]"]Seeking alpha zu Lithium:
http://seekingalpha.com/instablog/15663412-joe_retail/4871401-lithium-sector-heating-bubbled-yet

Bin da mal den Zock Durango DGO zu 0,06 CAD long, jedoch nur kleine Position

Dazu ebenfalls eine Position LAC zu 0,59CAD, ist vom Chart her noch nicht so gelaufen wie die anderen Lithium-Explorer
Edit: Bei LAC schon gut Volumen die ersten 20 Minuten...

 

[600]

600 schrieb am 07.04.2016, 15:47 Uhr[/url]"]Seeking alpha zu Lithium:
http://seekingalpha.com/instablog/15663412-joe_retail/4871401-lithium-sector-heating-bubbled-yet

Bin da mal den Zock Durango DGO zu 0,06 CAD long, jedoch nur kleine Position

Dazu ebenfalls eine Position LAC zu 0,59CAD, ist vom Chart her noch nicht so gelaufen wie die anderen Lithium-Explorer
Edit: Bei LAC schon gut Volumen die ersten 20 Minuten...

Durango res. DGO explorieren nur 2km neben Nemaska, dazu nur ca. 15 Mio Aktien, d.h. aktuell eine MCap von ca. 1 Mio CAD!

 

[600]

600 schrieb am 14.03.2016, 17:59 Uhr[/url]"]

600 schrieb am 19.02.2016, 22:08 Uhr[/url]"]

600 schrieb am 08.02.2016, 17:57 Uhr[/url]"]mal was long MSV zu 0,45, ist noch nicht gelaufen...

:D
läuft an, heute knapp 20% plus.

die Hälfte raus zu 0,68

MSV bei 0,9 CAD, die 100% voll gemacht, bleib weiter dabei, chart sieht super aus!


» zur Grafik

 

[600]

CCE auch mal was long auf der 0,07

 

[dukezero]

600 schrieb am 07.04.2016, 16:39 Uhr[/url]"]CCE auch mal was long auf der 0,07

 

[Fischlaender]

XRC waere mal wieder dran...

 

[600]

600 schrieb am 07.04.2016, 16:24 Uhr[/url]"]

600 schrieb am 07.04.2016, 15:47 Uhr[/url]"]Seeking alpha zu Lithium:
http://seekingalpha.com/instablog/15663412-joe_retail/4871401-lithium-sector-heating-bubbled-yet

Bin da mal den Zock Durango DGO zu 0,06 CAD long, jedoch nur kleine Position

Dazu ebenfalls eine Position LAC zu 0,59CAD, ist vom Chart her noch nicht so gelaufen wie die anderen Lithium-Explorer
Edit: Bei LAC schon gut Volumen die ersten 20 Minuten...

Durango res. DGO explorieren nur 2km neben Nemaska, dazu nur ca. 15 Mio Aktien, d.h. aktuell eine MCap von ca. 1 Mio CAD!

Historic Report Outlines Pegmatite On Durango Ground Adjacent To Nemaska's Whabouchi Property


(via Thenewswire.ca)

Vancouver, BC / TheNewswire / April 7, 2016 - Durango Resources Inc. (TSX.V-DGO), (the "Company" or "Durango") announces further historical information on its 100%-owned NMX East Project, located near Nemaska Lithium Corp.'s (TSX.V-NMX) Whabouchi property in northern Quebec.

In 2011, Tucana Lithium Corp. ("Tucana") commissioned an NI 43-101 Technical Report which summarized work completed by Nemaska Exploration Inc. (now Nemaska Lithium Corp.) ("Nemaska") on behalf of Tucana. (1)

According to the report, in the summer of 2011, mapping was conducted in the northern half of the eastern claim block of Durango's NMX East property, which identified a pegmatite intrusion situated roughly 2 kilometres northeast along strike from the resource at Nemaska Lithium Corp's Whabouchi property. The mapped pegmatite strikes northeast across Durango's entire claim block (~1,200 metres) and may be up to 500 metres wide based on mapping extent. Seven (7) grab samples were taken in and around the pegmatite, however these did not yield anomalous lithogeochemical assay values. (1) *

Approximately 250 metres north of the eastern claim block of Durango's NMX East Project, an outcrop was sampled during the sampling program which returned anomalous Ta, Nb, and Sm values. This pegmatite is also roughly on strike with the Whabouchi resource. Tucana's technical report recommends that this target be more thoroughly investigated. (1) *


Read more at http://www.stockhouse.com/companies/bullboard/bullboard/v.dgo/durango-resources-inc#GDc8PLlMX86DboMP.99

 

[600]

LAC :D

Rookie schrieb am 07.04.2016, 16:18 Uhr[/url]"]LAC heute auch rein, Server von Share Deals ist platt

Schaut aber nach Rock Tech aus

600 schrieb am 07.04.2016, 15:47 Uhr[/url]"]Seeking alpha zu Lithium:
http://seekingalpha.com/instablog/15663412-joe_retail/4871401-lithium-sector-heating-bubbled-yet

Bin da mal den Zock Durango DGO zu 0,06 CAD long, jedoch nur kleine Position

Dazu ebenfalls eine Position LAC zu 0,59CAD, ist vom Chart her noch nicht so gelaufen wie die anderen Lithium-Explorer
Edit: Bei LAC schon gut Volumen die ersten 20 Minuten...

 

[600]

PDQ

da schau ich seit gestern nur zu!
Fairer Wert irgendwo zwischen 9 und 11 cents, da wird es auch zeitnah hinlaufen...

 

[Rooky]

Läuft, sharedeals empfehlung united energy ist nach der veröffentlichung gut abgegangen

600 schrieb am 07.04.2016, 19:22 Uhr[/url]"]LAC :D

Rookie schrieb am 07.04.2016, 16:18 Uhr[/url]"]LAC heute auch rein, Server von Share Deals ist platt

Schaut aber nach Rock Tech aus

600 schrieb am 07.04.2016, 15:47 Uhr[/url]"]Seeking alpha zu Lithium:
http://seekingalpha.com/instablog/15663412-joe_retail/4871401-lithium-sector-heating-bubbled-yet

Bin da mal den Zock Durango DGO zu 0,06 CAD long, jedoch nur kleine Position

Dazu ebenfalls eine Position LAC zu 0,59CAD, ist vom Chart her noch nicht so gelaufen wie die anderen Lithium-Explorer
Edit: Bei LAC schon gut Volumen die ersten 20 Minuten...

 

[Kostolanys Erbe]

NovaCopper talks Arctic 2016 spending in Q1 results NR



2016-04-07 07:35 ET - News Release



Mr. Rick Van Nieuwenhuyse reports

NOVACOPPER ANNOUNCES FIRST QUARTER RESULTS AND PLANS FOR 2016 FIELD PROGRAM




NovaCopper Inc. has released its financial results for the first quarter ended Feb. 29, 2016, and is reviewing its plan for the 2016 field program. Details of the company's financial results are contained in the unaudited consolidated financial statements and management's discussion and analysis which will be available on the company's website, on SEDAR and on EDGAR. All amounts are in U.S. dollars unless otherwise stated.

Plans initiated for 2016 field program

With sufficient cash on hand to finance its anticipated activities, the company is well positioned to continue its plans to advance the Arctic deposit toward prefeasibility. The company will invest $5.5-million this year mainly for drilling at Arctic during the summer field season as well as to complete in-pit geotechnical, hydrological, metallurgical, environmental and waste rock characterization studies. The company will also continue community engagement and its efforts on local hiring and education along with continuing to engage with the State of Alaska on the permitting of the Ambler access road.

Plans are under way to begin this year's field program in June with the remote camp anticipated to open mid-month. A planned 3,000-metre drill program will start mid-June and continue until mid-August. A significant amount of environmental baseline investigation work is planned for the current year to collect data required for future permitting efforts. Environmental work in 2016 will include an aquatic survey, an archeological review, a subsistence resource study, an avian and large mammal survey, and further expansion and refinement of the company's wetlands delineation studies. Engineering activities during this year's field season include pit slope stability studies, waste rock characterization, hydrological and metallurgical studies. The company will also complete the light detection and ranging survey (airborne laser-light survey used for multidiscipline applications) initiated in 2015 that was unfinished due to poor weather conditions.

The associated table of unaudited selected quarterly information is prepared in accordance with U.S. generally accepted accounting principles.


FIRST QUARTER FINANCIAL RESULTS
(in thousands of dollars, except for per-share amounts)

Selected financial results Three months ended Feb. 29, 2016 Three months ended Feb. 28, 2015

Amortization $54 $143
General and administrative 348 381
Mineral properties expense 667 327
Professional fees 136 161
Salaries 213 250
Salaries -- stock-based compensation 282 282
Loss and comprehensive loss
for the period 1,695 1,530
Basic and diluted loss per common share $0.02 $0.03




For the three months ended Feb. 29, 2016, NovaCopper reported a net loss of $1.7-million (or two cents in basic and diluted loss per common share) compared with a net loss of $1.5-million for the corresponding period in 2015 (or three cents in basic and diluted loss per common share). This variance was primarily due to an increase in mineral properties expenses offset by a decrease in amortization, salaries, professional fees, and general and administrative costs. The company incurred $700,000 in mineral properties expense for the three months ended Feb. 29, 2016, compared with $300,000 for the three months ended Feb. 28, 2015. The significant increase in mineral property expenses in 2016 is related to waste characterization and geotechnical work conducted for the Upper Kobuk mineral properties (UKMP) in Alaska and expenditures incurred at the Titiribi mineral property in Colombia. Amortization expense decreased by $100,000 due to the timing of capital asset purchases and resulted amortization expense. The decrease in salaries and general and administrative expenses was primarily attributed to continued cost-reduction efforts and the company benefiting from the favourable foreign exchange movement of the U.S. dollar against the Canadian dollar in 2016 compared with the first quarter of 2015. The decrease in professional fees is due to less consulting expenses incurred in 2016 compared with the first quarter of 2015.

Liquidity and capital resources

At Feb. 29, 2016, the company had $14.7-million in cash and cash equivalents. The company expended $1.4-million on operating activities during the three-month period ended Feb. 29, 2016, compared with expenditures of $1.1-million for operating activities for the same period in 2015. The majority of cash spent on operating activities during both periods was expended on mineral property expenses, general and administrative, and salaries. The increase in cash spent during the three months ended Feb. 29, 2016, compared with the corresponding period in 2015 was mainly due to higher mineral property expense for engineering studies conducted for the UKMP and expenditures incurred in Colombia.

During the three-month period ended Feb. 29, 2016, and Feb. 28, 2015, the company received no cash from financing activities. During the three-month period ended Feb. 29, 2016, the company expended $2,000 on investing activities for acquisition of equipment and nil during the three-month period ended Feb. 28, 2015.

As at Feb. 29, 2016, the company continues to manage its cash expenditures and management believes that the working capital available is sufficient to meet its operational requirements for the next two years. Future financings are anticipated through equity offerings, debt financing, convertible debt or other means, although there can be no assurance that a financing would be available on terms favourable to the company, or at all.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aNCQ-2360973&symbol=NCQ&region=C

 

[Fischlaender]

600 schrieb am 07.04.2016, 19:32 Uhr[/url]"]PDQ

da schau ich seit gestern nur zu!
Fairer Wert irgendwo zwischen 9 und 11 cents, da wird es auch zeitnah hinlaufen...

Hatte ich überhaupt nicht auf dem Radar, woher kommt dein fairer Wert um die 10 Cent?

 

[Rooky]

nicht so viel flüssig wie man momentan kaufen könnte, Arizona Mining

 

[Rooky]

The Gold Miners Might Be Ready For Their Next Leg Higher

 

[600]

Fischlaender schrieb am 07.04.2016, 21:44 Uhr[/url]"]

600 schrieb am 07.04.2016, 19:32 Uhr[/url]"]PDQ

da schau ich seit gestern nur zu!
Fairer Wert irgendwo zwischen 9 und 11 cents, da wird es auch zeitnah hinlaufen...

Hatte ich überhaupt nicht auf dem Radar, woher kommt dein fairer Wert um die 10 Cent?

Hab ich aus stockhouse übernommen.

"Company has 0 debt, 750 000$ in cash, and 2,1 millions in asset, + royaltys of net 400 000$ / year, they just gave back 20 millions to investors, the price a dropped alot, it's not at a huge discount

book value is 9cent a share + 2cent from the latest payment to investor : making it a 11c/share"


Ein anderer User kommt auf mind. 0,085 cent http://www.stockhouse.com/companies/bullboard/v.pdq/petrodorado-energy-ltd/3?postid=24735432
Hier ist der book value gut nachzuvollziehen.

Wie gesagt, irgendwo in die Ecke wird der Kurs auch hingehen imo...

 

[Fischlaender]

600 schrieb am 07.04.2016, 22:23 Uhr[/url]"]

Fischlaender schrieb am 07.04.2016, 21:44 Uhr[/url]"]

600 schrieb am 07.04.2016, 19:32 Uhr[/url]"]PDQ

da schau ich seit gestern nur zu!
Fairer Wert irgendwo zwischen 9 und 11 cents, da wird es auch zeitnah hinlaufen...

Hatte ich überhaupt nicht auf dem Radar, woher kommt dein fairer Wert um die 10 Cent?

Hab ich aus stockhouse übernommen.

"Company has 0 debt, 750 000$ in cash, and 2,1 millions in asset, + royaltys of net 400 000$ / year, they just gave back 20 millions to investors, the price a dropped alot, it's not at a huge discount

book value is 9cent a share + 2cent from the latest payment to investor : making it a 11c/share"


Ein anderer User kommt auf mind. 0,085 cent http://www.stockhouse.com/companies/bullboard/v.pdq/petrodorado-energy-ltd/3?postid=24735432
Hier ist der book value gut nachzuvollziehen.

Wie gesagt, irgendwo in die Ecke wird der Kurs auch hingehen imo...

 

[dukezero]

GSV super Chart ,über 1.55 Cad wirds nett!

 

[greenhorn]

Guten Morgen!

die Aktivität im Sektor hat deutlich zugenommen - die Postingfrequenz hier auch
Frühlingsgefühle.........
Lithium als erstes Pferd was dieses jahr getrieben wird, mal sehen was uns noch so erwartet
man hat ja die zarte Hoffnung das Rohstoffe aus dem Tal der Tränen wieder erwachen

 

[dukezero]

CCE sollte weiterlaufen, die 0,07 cad wurden gestern weggekegelt!