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This company is suposed to be sold but is takeing a long time to get done
had some tradeing after being dow the past week. Closed at .12 with 6 trades and a volume of 196000 shares
After going down last week we made a recovery today with 115,300 shares tranded and closeing up 25% at .25
Today we closed at .275 with 51,000 shares traded sill up 10% for the day
Right now there is 421.6K shares traded with a bid of .35 and a ask of .37 the last trade at .36 up 44% and can still go up.
Had a nice day today with 11 trades and a volume of 133,333 shares trades with a close at .25 up 11.1%
News out yesterday
Loan
Press Release
Source: Arehada Mining Limited
On Monday August 31, 2009, 3:00 pm EDT
Buzz up! 0 Print.Companies:AREHADA MINING LTD COM NPV
TORONTO, ONTARIO--(Marketwire - Aug. 31, 2009) - Arehada Mining Limited (TSX:AHD - News; "Arehada") today reports that it has received repayment in the total amount of RMB 57 million of the related party loan from Baiyinhanshan Mining Group Limited, a company controlled by Messrs. Steve Fan Wang and Tom Zhen Wang, directors, officers and controlling shareholders of Arehada. After this repayment, the related party loan will have approximately RMB 21 million outstanding. Arehada will use the repayment amount to pay down the principal of the bank loan from the Agricultural Bank of China.
Related Quotes
Symbol Price Change
AHD.TO 0.19 0.00
{"s" : "ahd.to","k" : "c10,l10,p20,t10","o" : "","j" : ""} Arehada is also pleased to report that the mining operation is proceeding well and the combined grade of lead-zinc has reached 5.8% on July 2009, which has been improved significantly this year from last year.
"We are very pleased that Arehada is returning to a positive position in both operational and financial conditions", commented Steve Fan Wang, Chairman of the Board. "We believe the recovery of economy in China will drive the base metal price to continuously rise in the second half of the year. We hope to significantly increase our concentrate output in the third quarter. If the market is as what we expected, we expect to start new exploration project on other two areas of mineralization: zone? in the centre and Zone in the southwest part of the exploration area of Arehada, to increase resource and reserve. As a mining company, resource and reserve are vital to our sustainable development".
About Arehada Mining
Arehada Mining Limited is engaged in the exploration, development, extraction and production of zinc, lead and silver in Dongwuzhumuqinqi, located in Inner Mongolia, China. Arehada produces zinc and lead concentrates, which are then sold to smelters in China.
Arehada has completed construction of a zinc processing plant, to produce zinc calcine and sulphuric acid.
Forward Looking Information
The above contains forward looking information that is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, costs and supply of materials relevant to the mining industry, extent of resources actually contained in mineral deposits, actual recoveries achieved in processing ore, technological change, change to regulations affecting the mining industry, risks associated with mining operations in China, environmental and safety regulations risks, and risk associated with failure to obtain required regulatory or third party consent. Generally, forward looking information can be identified by the use of forward looking terminology such as "plans", "expects", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information in this release include statements regarding the Company's near-term objectives, anticipated increase in base metal prices, the Company's expectation to increase the concentrate output and the Company's plan to expand its exploration activities. Although we believe the expectations reflected in our forward looking information are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. Readers should not place undue reliance on forward looking information.
We have been haveing some tradeing here and the bid and ask are slowly going up
we are getting some more tradeing in here and we have had some news released along with the price going up.
We had a couple of trades today at .07 of 85000 shares. No news out.
we had a trade today and news out
Arehada Provides Operations Update
Wed Jun 10, 5:51 PM
Email StoryIM StoryPrintable View.TORONTO, ONTARIO--(Marketwire - June 10, 2009) - Arehada Mining Limited (TSX: AHD.TO) ("Arehada") today provided the following update for its wholly owned Chinese operating subsidiary, Arehada Mining Corporation.
The resumption of mining commenced in April 2009 and processing began on May 10, 2009. Every phase of the operation in the mine since resumption has been proceeding smoothly and safely. The Company has seen improvement in head grades and recovery levels. The average combined lead - zinc head grade has reached 3.33% in May, 2009. In addition, the combined recovery rates of the lead and zinc concentrate has improved to 88.66%, an increase of 2% compared to the recovery rate of 86.61% achieved in 2008. These two key production performance indicators have reached the best levels since 2005 when the Company commenced operations. The primary reason that the head grade has improved is the adoption of the Short-hole shrinkage method instead of Sublevel Open Stope Mining (long-hole mining) method which was used in the mine from 2005 to 2008.
The Company is benefiting from the recent increase in base metal prices, which the Company believes is the result of the increase in the demand for base metals including lead and zinc likely due to economy recovery in China. Given the volatility in metal prices, the Company's near-term primary objectives are to maximize cash flow and to minimize costs. The Company believes it has effectively implemented these objectives in May and will continue to implement conducted over the coming months. If lead and zinc prices significantly increase in the future, the Company will consider adjusting these near-term objectives.
About Arehada Mining
Arehada Mining Limited is engaged in the exploration, development, extraction and production of zinc, lead and silver in Dongwuzhumuqinqi, located in Inner Mongolia, China. Arehada produces zinc and lead concentrates, which are then sold to smelters in China.
Arehada has completed construction of a zinc processing plant, to produce zinc calcine and sulphuric acid.
Forward Looking Information
The above contains forward looking information that is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, costs and supply of materials relevant to the mining industry, extent of resources actually contained in mineral deposits, actual recoveries achieved in processing ore, technological change, change to regulations affecting the mining industry, risks associated with mining operations in China, environmental and safety regulations risks, and risk associated with failure to obtain required regulatory or third party consent. Generally, forward looking information can be identified by the use of forward looking terminology such as "plans", "expects", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information in this release include statements regarding the Company's near-term objectives, anticipated increase in base metal prices and the Company's plan to adjust its near term objectives. Although we believe the expectations reflected in our forward looking information are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. Readers should not place undue reliance on forward looking information.
Starting the week off with 2 trades with a total of 30,000shares at .10
Today we had 6 trades with a volume of 53,000 shares and closeing up at .10
Not a bad day we are back up to .10 with 10 trades and a volyme of 187,000 shares
We had a good day here today with 26 trades and a volume of 795,250 shares traded ending with the stock price at .075 a bit down
After Monday's market close we had 2 trades today at .10 of 5,000 shares
We traded 115,000 shares today but didnt brake the .10 with 5 trades
we had 10 trades today, starting at .10 and finishing down at .07 with a total of 181,500 shares traded
Today we had 2 trades with a volume of 6,000 shares at .10 the ask is at .12
today we had no trades but did on april 24th of 128,000 shares today the ask went up to .195
WOW we had a nice day tradeing today, 195,000 shares traded starting at .075 to .10 closeing at .10 and the bid at .08 and the ask moved up to .17
today only had 1 trade at .07 of 5,000 shares ask is at .08 and the bid is at .065
Last Price (CAD) $ 0.085
Change ▼ -0.01 (-10.53%)
Bid 0.065
Ask 0.085
Volume 143,500
Day's Range 0.065 - 0.09
we had 11 trades today showing signs of awakening and people getting interested in this stock
Today we had 7 trades totaling 50,258 and we closed at .095 down .005 from yesterday.
2 more trades to end the day, 1 for 35,000 and the other for 5,000 at .085 and .10
We have some excitement today as the stock has shot up to .10 and with a high volume right now of 542,300 shares allready traded. So far today there are 11 trades, the largest one being 250,000 shares traded at .10
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www.arehadamining.com Mining in China for Lead Zinc Siver traded on the TSX venture
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