El Nino Ventures Inc fka ELN

[johnlw]

Looks like you got this one pegged
I've just about had a bellyful of this Congo thing

[Ed Monton]

This news won't make the stock price go up but I don't think it will make it go down either. I think these results are already priced into the stock.

[johnlw]

El Nino drills 10 m of 3.5% Cu in the DRC

2008-02-01 06:32 MT - News Release

EL NINO VENTURES INTERSECTS 10 METERS OF 3.50% CU AND 5 METERS OF 1.90% CU, IN THE DEMOCRATIC REPUBLIC OF CONGO (DRC)

El Nino Ventures Inc. has provided initial analytical drill results from the recently completed 6,200-metre reverse circulation drill program on its 70-per-cent-owned research permit 5217 in the Democratic Republic of Congo. Analyses were carried out by ALS Chemex, Johannesburg, South Africa. Quality control procedures were strictly adhered to and included taking drill chip samples directly from the drill return by the project geologist, placing them in sealed bags and sending them directly to ALS Chemex in Johannesburg by air freight, which carried out the preparation and analysis.

El Nino currently holds a 70-per-cent interest in four well-located research permits, accessible by road from the town of Lubumbashi in southern Congo. Each permit is partially underlain by the highly prospective Roan formation which hosts most of the important copper deposits in this area.

The company has now received analytical results from three drill holes ANCU001, ANCU003 and ANCU004 (values for ANCU002 are pending) completed during the 2007 drill campaign. Each of the three holes reported were drilled to a depth of 150 m and inclined at minus 60 degrees.

These results are the first received from the 2007 drill program which targeted a copper anomaly, artisanal workings and remote sensing anomalies on permit 5217. The results published in this release specifically relate to drilling on the copper showing and results relating to drilling on the other targets will be reported when received. Significant copper intercepts in the three holes reported are in the table.

 
                                                  Average 
 Hole         From        To          Width       Cu % grade 
  
 ANCU001      12m         22m         10m         3.51% 
  
 (Note one of the component one m sample analyses comprising  
 this intercept was reported by ALS Chemex as greater than 10 
 per cent Cu and this sample is being reanalyzed to obtain its  
 exact value. A value of 10 per cent Cu was used for this  
 particular sample in the reported intercept. Therefore this 
 intercept is thought conservative will be subsequently revised and 
 reported). 
  
 Including    15m         19m          4m         7.24% 
 And         120m        149m         29m         0.30% 
 ANCU003      20m         30m         10m         0.25% 
 ANCU004      20m         25m          5m         1.88% 
      
 

Other results vary between 30 and 895 parts per million (ppm) Cu. Associated Co values are generally low (less than 1,000 ppm).

Jean Luc Roy, president of El Nino, states: "We are very pleased with these results as they confirm the presence of near surface high-grade copper zones on the permit. Substantial follow-up drilling, planned to commence in April after the rainy season, will test numerous high-priority targets delineated on the permit. The particular results reported come from our copper anomaly which is situated in the center of permit 5217 along the southern edge of a major magnetic anomaly. Only four holes were completed in this area when drilling was stopped by the heavy rains, so we look forward to getting back to drilling off the mineralization in this area in April. Other results are expected over the next weeks and we will report these as they become available. In 2008 our drill program will test other areas within permit 5217 and will also test geophysical targets identified on permits 5214 and 5215."

The content of this press release has been reviewed by Benoit M. Violette, Pgeo, consulting geologist, and the qualified person under National Instrument 43-101.

We seek Safe Harbor.

[xio]

B.C. bank digs around for mining companies

By STEVE PROCTOR Business Editor
Fri. Jan 25 - 6:37 AM

A Vancouver merchant bank is touring the Maritimes this week looking for investment opportunities in early stage mining companies.

Rick Peterson, vice-president of marketing with Novadx, said the commodity sector continues to climb in Canada, but there are still a few companies like his that are willing to invest in high-risk early stage companies.

"The majors are backing off exploration because of rising cost and permitting difficulties," he said.

"They are increasingly letting the juniors do the work."

Last year, Novadx looked at 234 projects and invested in 75 companies.

He said 60 of those investments were the result of individuals approaching Novadx directly.

"We’re looking for the little guys that aren’t on the radar. Nobody is following them or writing research reports about their efforts," he said.

His team is checking with local brokers and mining officials for leads, but he hopes to hear directly from some companies as well.

Most of the company’s investments are on the West Coast. But it does support three firms with operations in New Brunswick and Newfoundland and Labrador. They are El Nino Ventures (and the partnership with Xstrata Zinc), Benton Resources and Stratabound Minerals.

He said companies his firm would consider investing in must already have proven management, a project that has a significant history and a market capitalization of $3 million to $25 million. In addition to looking for new ventures, Mr. Peterson said, the company is raising $25 million for a flow-through fund, with some of the proceeds coming back to Atlantic Canada companies.

http://thechronicleherald.ca/Business/1033950.html

[Ed Monton]

Need some good news.

[johnlw]

Ed
When is this thing going to get above its 200dma?
:)

JW

[99fxd]

Thanks ED for the quick response, i like the management and hope they can pull some decent numbers out, great buying opportunity which i don't think will last long

[Ed Monton]

Great buying opportunity.

[Rocketred]

Bot ELN has really hits the skids here

[Ed Monton]

News like this would be considered fantastic.

#msg-24168235

Tiger Resources is near ELN's property.

[99fxd]

What kind of percentage copper values does one need to see this stock rise? I am not a big follower of copper and maybe someone who is can answer
Thanks

[Ed Monton]

So, when are we going to get some good news from Africa ?

[Ed Monton]

Thats on every exchange worldwide.

[Croesus I]

FEAR? What exchange does that symbol trade on?

[Ed Monton]

Airborne Geophysics

[Tackler]

Kind of like golfing with IED's in the rough

[Rocketred]

FEAR

[Ed Monton]

Lotta nervous folks out there.

[Tackler]

So the message is that nothing has changed since this was at $1.30

[sumisu]

El Nino Ventures Update on Exploration Program in the Democratic Republic of Congo (DRC)

Friday January 18, 8:00 am ET

http://biz.yahoo.com/cnw/080118/elninoventures_update.html?.v=1

TSX.V: ELN OTCBB: ELNOF Frankfurt: E7Q

- Drill assay results should start coming in by end of January 2008. - Soil sampling program being carried out. - Planning is underway to define 2008 exploration and drilling campaign.

VANCOUVER, Jan. 18 /CNW/ - El Nino Ventures Inc. ("El Nino") (TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) announces that the results of the 2007 drill campaign should start coming in by the end of January 2008.

The company has started a soil sampling program to cover the research permits owned by the company. This soil sampling program will focus on new areas of interest identified on the research permits and the results will be incorporated into the 2008 exploration program.

Jean Luc Roy, President of El Nino states, "As of today we have not received any assay results from our 2007 drill campaign but we have received confirmation from ALS Chemex of Johannesburg that our results will start coming in by the end of January 2008. The backlog at the laboratory combined with the slowdown over the holiday period has delayed our results well beyond our expectations. We will publish our results as they are received from ALS Chemex for the benefit of our valued shareholders."

About El Nino Ventures Inc.

El Nino Ventures is a junior exploration company, whose corporate objective is to revisit former mining regions and apply the latest technologies to advanced stage exploration targets. El Nino has acquired a 70% interest in over 350 square kilometers in the world renowned copper belt in the Democratic Republic of Congo. In addition to our copper project in the Congo, El Nino is currently in the middle of a 25,000 meter drill program on the Bathurst Mining Camp via an option/ joint venture agreement with Xstrata Zinc.


On Behalf of the Board of Directors

(signed)

Jean Luc Roy, President and CEO

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

CUSIPNo. 28335E-10-6


This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission. This email should not be construed as an offer to buy or sell securities of this company.
For further information

Tel: [phone], Toll Free: 1-877-895-6466, Fax: [phone], Email: [e-mail]
Or visit: www.elninoventures.com



--------------------------------------------------------------------------------
Source: El Nino Ventures Inc.

[Ed Monton]

Not all of them I hope. This one has First Quantum potential.

[Tackler]

Good bring on the masses clammering to buy my shares for $2 :)

[Ed Monton]

Its been awhile. I think there will be news soon.

[Tackler]

What kind of gap are you after?

[Ed Monton]

When are we going to get that big gap up ?

[Tackler]

Cormark buying again

[Tackler]

Possibly someone with placement shares wanted to take profit but did not want to sell into the open market and push down the price so a buyer was found for the whole lot.

In this scenario it is reasonable to assume the buyer got a some what reduced price but the seller gets more profit then open market. The shares are now in stronger hands.

Thats my bullish take on crosses.

[xio]

your interpretation?

[Tackler]

09:41:03 V 0.90 -0.03 516,500 6 Union 6 Union K

[xio]

drill samples still in laboratory, because overload

[xio]

who is behind this 500 - pockets?

[xio]

Lubumbashi

[xio]

big buyer undercover underway?

a lot of tiny trades last time...

[xio]

older YouTube interview

[xio]

nice xmas trading

[Ed Monton]

They've been talking about more licenses in the DRC for a while.

[xio]

new (or some) DRC asset(s) in sight?

[johnlw]

El Nino Ventures Inc (C-ELN) - Property Agreement

El Nino Ventures pays finder's fee under property deal

2007-12-20 15:17 MT - Property Agreement
Shares issued 34,807,892
ELN Close 2007-12-20 C$ 0.79

The TSX Venture Exchange has accepted for a one-time payment of a finder's fee in the amount of 29,000 shares of El Nino Ventures Inc. and $20,000 cash to John Royall (who was later appointed as a director), pursuant to a letter agreement dated Sept. 14, 2006, between the company and Mr. Royall. The finder's fee is in connection with the grant of licences to the company in the Republic of Ireland (refer to Oct. 17, 2007, news release).

[Ed Monton]

Stockwatch is showing some news Dec 20.

Can you post ?

[Ed Monton]

I figured there was a cross.

[Tackler]

Cormark moved a few shares today

[Ed Monton]

Thats easier to swallow than paying $1.30 in November. Burp.

[Tackler]

paid .83 on Friday - gulp

[Ed Monton]

Yup.

[xio]

Touched on 0.83

last month wonderful chances for trading, now a big consolidation around 0.90 with some nice down-peaks

[Ed Monton]

Touched on .90 and ready to turn back up.

[Tackler]

I wish they would find another customer.

[sumisu]

El Nino Ventures Update on Exploration program Project in the Democratic Republic of Congo (DRC)

Monday December 10, 8:00 am ET

http://biz.yahoo.com/cnw/071210/el_nino_ventre_update.html?.v=1

TSX.V: ELN OTCBB: ELNOF Frankfurt: E7Q
<< - All drill chips samples at ALS Chemex Laboratories in South Africa. - Drill results to be released when received. - Soil sampling program to start in next few weeks - Planning is underway to define 2008 exploration and drilling campaign >>

VANCOUVER, Dec. 10 /CNW/ - El Nino Ventures Inc. ("El Nino") (TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) is pleased to announce that all samples are now at the ALS Chemex laboratories in South Africa. Results will be released once all assays and results have been communicated to El Nino.

The company will also start a soil sampling program to cover the research permits owned by the company. This soil sampling program will focus on new areas of interest identified on the research permits and the results will be incorporated into the 2008 exploration program. Over the next few months some 25,000 samples will be taken with the bulk of these samples taken where mineralization is outcropping or where artisanal workers have been active. Complete mapping of the research permits will be done at the same time as the soil sampling program.

Jean Luc Roy, President of El Nino states, "Even if the rains have stopped our 2007 drilling campaign, we are initiating a soil sampling program to gain even more information that will be used to define our 2008 exploration and drilling campaign. Our drill results will be used to complement our analysis of the airborne geophysics and this will give us a solid foundation for next year."

About El Nino Ventures Inc.

El Nino Ventures is a junior exploration company, whose corporate objective is to revisit former mining regions and apply the latest technologies to advanced stage exploration targets. El Nino has acquired a 70% interest in over 350 square kilometers in the world renowned copper belt in the Democratic Republic of Congo. In addition to our copper project in the Congo, El Nino is currently in the middle of a 25,000 meter drill program on the Bathurst Mining Camp via an option/joint venture agreement with Xstrata Zinc.

On Behalf of the Board of Directors

(signed)
Jean Luc Roy, President and CEO

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
CUSIPNo. 28335E-10-6

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission. This email should not be construed as an offer to buy or sell securities of this company.

For further information

Tel: [phone], Toll Free: 1-877-895-6466, Fax: [phone], Email: [e-mail], Or visit: http://www.elninoventures.com

--------------------------------------------------------------------------------
Source: El Nino Ventures Inc.

[Ed Monton]

So, I guess we know who Sprott was buying for now.

[johnlw]

Swank and Dalrymple

Sounds like ELN is moving up in the world......