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EGMCF: effective March 17,2022 Emgold Mining Corp. will change to Emergent Metals Corp. a one for 10 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
$EGMCF Kennecott Commences Diamond Drilling at the New York Canyon Copper Property, NV
Press Release | 04/08/2021
VANCOUVER, BC / ACCESSWIRE / April 8, 2021 / Emgold Mining Corporation (TSX.V:EMR)(OTC PINK:EGMCF)(FRA:EMLM)(BSE:EMLM) ("Emgold" or the "Company") is pleased to announce that Kennecott Exploration Company ("KEX"), a subsidiary of Rio Tinto plc (RIO), has commenced diamond drilling at the New York Canyon Copper Property, Nevada (the "Property"). The Property is subject to an Earn-In with Option to Joint Venture Agreement (the "Agreement") between Emgold and KEX.
The Property consists of 417 unpatented claims and 21 patented claims totaling approximately 8,700 acres. It is in the Santa Fe Mining District, Mineral County, in west-central Nevada, about 30 mi. (48 km) from the town of Hawthorne. The Property hosts copper oxide and sulfide skarn and porphyry mineralization. Total historic drilling on the Property, to date, is 234 holes totaling about 139,000 ft. (43,000 m).
Kennecott can earn up to a 75% interest in the Property by completing up to US$22.5 million in exploration expenditures (see Emgold's February 11, 2020 press release available at www.emgold.com or under Emgold's corporate filings at www.sedar.com for more details). Under the terms of the Agreement, KEX has a First Option to acquire a 55% undivided interest in the Property by incurring US$5.0 million in expenditures over a 5-year period, of which US$1.0 million is a committed expenditure that must be completed prior to the 18-month anniversary of the Agreement.
The drilling contractor mobilized to the site on March 22nd. Current plans are to drill five diamond drill holes to test three exploration targets, the Copper Queen, Longshot Ridge, and Ideal targets. The Ideal target is a previously untested magnetic anomaly that is located south of Copper Queen. Initial plans are for four holes to be in the 400-500 m length and one hole to be 750 m in length. Hole lengths will be subject to adjustment based on results being obtained in the field as the drilling is being done.
A UAV magnetic survey has also commenced over a portion of the claim block. Additional geologic mapping and surface sampling is planned for second and third quarters of 2021.
Qualified Person
Robert Pease, C.P.G., a qualified person under the NI 43-101 instrument, has reviewed and approved the content of this press release.
About Emgold
Emgold is a gold and base metal exploration company focused on Nevada and Quebec. The Company's strategy is to look for quality acquisitions, add value to these assets through exploration, and monetize them through sale, joint ventures, option, royalty, and other transactions to create value for our shareholders (acquisition and divestiture (A&D) business model).
In Nevada, Emgold's Golden Arrow Property, the core asset of the Company, is an advanced stage gold and silver property with a well-defined measured and indicated resource. New York Canyon is a base metal property subject to an Earn-in with Option to Joint Venture Agreement with Kennecott Exploration, a subsidiary of Rio Tinto Plc (RIO). The Mindora Property is a gold, silver, and base metal property located 12 miles from New York Canyon. Buckskin Rawhide East is a gold and silver property leased to Rawhide Mining LLC, operators of the adjacent Rawhide Mine.
In Quebec, the Casa South Property, is an early-stage gold property adjacent to Hecla Mining Corporation's (HL) operating Casa Berardi Mine. The East-West Property is a gold property adjacent to and on strike with Wesdome Gold Mine Ltd.'s (TWDO) Kiena Complex and O3 Mining Corporation's (OIII) Malarctic Property (Marban Project). Emgold also has a 1% NSR in the Troilus North Property, part of the Troilus Mine Property being explored by Troilus Gold Corporation (TLG).
Note that the location of Emgold's properties adjacent to producing or past producing mines does not guarantee exploration success at Emgold's properties or that mineral resources or reserves will be delineated. For more information on the Company, investors should review the Company's website at www.emgold.com or view the Company's filings available at www.sedar.com.
On behalf of the Board of Directors
David G. Watkinson, P.Eng.
President & CEO
For further information, please contact:
David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: info@emgold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note on Forward-Looking Statements
Certain statements made and information contained herein may constitute "forward looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. The Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including any technical reports filed with respect to the Company's mineral properties.
SOURCE: Emgold Mining Corporation
View source version on accesswire.com:
https://www.accesswire.com/639197/Kennecott-Commences-Diamond-Drilling-at-the-New-York-Canyon-Copper-Property-NV
$EGMCF Kennecott Commences Diamond Drilling at the New York Canyon Copper Property, NV
Press Release | 04/08/2021
VANCOUVER, BC / ACCESSWIRE / April 8, 2021 / Emgold Mining Corporation (TSX.V:EMR)(OTC PINK:EGMCF)(FRA:EMLM)(BSE:EMLM) ("Emgold" or the "Company") is pleased to announce that Kennecott Exploration Company ("KEX"), a subsidiary of Rio Tinto plc (RIO), has commenced diamond drilling at the New York Canyon Copper Property, Nevada (the "Property"). The Property is subject to an Earn-In with Option to Joint Venture Agreement (the "Agreement") between Emgold and KEX.
The Property consists of 417 unpatented claims and 21 patented claims totaling approximately 8,700 acres. It is in the Santa Fe Mining District, Mineral County, in west-central Nevada, about 30 mi. (48 km) from the town of Hawthorne. The Property hosts copper oxide and sulfide skarn and porphyry mineralization. Total historic drilling on the Property, to date, is 234 holes totaling about 139,000 ft. (43,000 m).
Kennecott can earn up to a 75% interest in the Property by completing up to US$22.5 million in exploration expenditures (see Emgold's February 11, 2020 press release available at www.emgold.com or under Emgold's corporate filings at www.sedar.com for more details). Under the terms of the Agreement, KEX has a First Option to acquire a 55% undivided interest in the Property by incurring US$5.0 million in expenditures over a 5-year period, of which US$1.0 million is a committed expenditure that must be completed prior to the 18-month anniversary of the Agreement.
The drilling contractor mobilized to the site on March 22nd. Current plans are to drill five diamond drill holes to test three exploration targets, the Copper Queen, Longshot Ridge, and Ideal targets. The Ideal target is a previously untested magnetic anomaly that is located south of Copper Queen. Initial plans are for four holes to be in the 400-500 m length and one hole to be 750 m in length. Hole lengths will be subject to adjustment based on results being obtained in the field as the drilling is being done.
A UAV magnetic survey has also commenced over a portion of the claim block. Additional geologic mapping and surface sampling is planned for second and third quarters of 2021.
Qualified Person
Robert Pease, C.P.G., a qualified person under the NI 43-101 instrument, has reviewed and approved the content of this press release.
About Emgold
Emgold is a gold and base metal exploration company focused on Nevada and Quebec. The Company's strategy is to look for quality acquisitions, add value to these assets through exploration, and monetize them through sale, joint ventures, option, royalty, and other transactions to create value for our shareholders (acquisition and divestiture (A&D) business model).
In Nevada, Emgold's Golden Arrow Property, the core asset of the Company, is an advanced stage gold and silver property with a well-defined measured and indicated resource. New York Canyon is a base metal property subject to an Earn-in with Option to Joint Venture Agreement with Kennecott Exploration, a subsidiary of Rio Tinto Plc (RIO). The Mindora Property is a gold, silver, and base metal property located 12 miles from New York Canyon. Buckskin Rawhide East is a gold and silver property leased to Rawhide Mining LLC, operators of the adjacent Rawhide Mine.
In Quebec, the Casa South Property, is an early-stage gold property adjacent to Hecla Mining Corporation's (HL) operating Casa Berardi Mine. The East-West Property is a gold property adjacent to and on strike with Wesdome Gold Mine Ltd.'s (TWDO) Kiena Complex and O3 Mining Corporation's (OIII) Malarctic Property (Marban Project). Emgold also has a 1% NSR in the Troilus North Property, part of the Troilus Mine Property being explored by Troilus Gold Corporation (TLG).
Note that the location of Emgold's properties adjacent to producing or past producing mines does not guarantee exploration success at Emgold's properties or that mineral resources or reserves will be delineated. For more information on the Company, investors should review the Company's website at www.emgold.com or view the Company's filings available at www.sedar.com.
On behalf of the Board of Directors
David G. Watkinson, P.Eng.
President & CEO
For further information, please contact:
David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: info@emgold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note on Forward-Looking Statements
Certain statements made and information contained herein may constitute "forward looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. The Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including any technical reports filed with respect to the Company's mineral properties.
SOURCE: Emgold Mining Corporation
View source version on accesswire.com:
https://www.accesswire.com/639197/Kennecott-Commences-Diamond-Drilling-at-the-New-York-Canyon-Copper-Property-NV
Seems all this stock needs to trade 40% higher in a heartbeat is 3 days of up volume. Anybody got anything for me DD wise please message me in the blind. TYIA
$EGMCF Book value only $.04 cents
The iBox is wrong - Emgold doesn't have any Grass Valley office anymore - it's been closed for almost a year. Emgold is long gone.
Emgold Mining Corp (EGMCF)
0.07 ? 0.0 (0.00%)
Volume: 96,000 @ 3:51:21 PM ET
Bid Ask Day's Range
0.056 0.077 0.07 - 0.072
EGMCF Detailed Quote Wiki
Emgold -
http://www.emgold.com/i/pdf/CorporatePresentation_Dec2012.pdf
God Bless
Maybe just maybe Emgold will reopen the Grass Valley Mine-
http://blogs.kqed.org/newsfix/2012/12/18/molten-gold-signals-revival-in-calif-mother-lode/
futr
Emgold Mining Corp. (EGMCF)
0.074 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.06 0.076 - - -
EGMCF Detailed Quote Wiki
Emgold Mining Corp. (EGMCF)
0.065 ? -0.005 (-7.14%)
Volume: 10,000 @ 9:33:37 AM ET
Bid Ask Day's Range
0.065 0.082 0.065 - 0.065
EGMCF Detailed Quote Wiki
Emgold Mining Corp ( (EGMCF)
0.098 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.085 0.096 - - -
EGMCF Detailed Quote Wiki
We are seriously looking at this one. Maybe on board next week with a little more weakness?
I cant remember why I boardmarked this one.
NyBob,
If you like you could throw this link in the Ibox,
It contains the latest filings to sedar(should be similiar to the otcmarkets)
http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00003653
You have covered a lot of bases on your retort.
bigone welcome to Emgold Mining Corp. (EGMCF
good to see you @ EmGold
the history often repeat itself -
the #1 started mining in the Motherload was
Sutters Gold Mines and its
looking good again well on its right way
to producing again -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77496938
EmGold has worked very well on the start up
for more than 10yrs and the ussr copycats have
done every lucifer trick in the red gulags book
to stop progress like BS akaobama super red
cult done to the whole of USA and the Western world
to stop all wheels to progress except making
more fema gulags camps and more super red 666 gulags
rules to take away all Rights, Freedom & Liberty for -
the PEOPLE -
will the People wake UP and vote in RON PAUL!
that's the GOLDEN KEY to open UP America to
its formed GLORY!
Welcome to RON PAUL
http://investorshub.advfn.com/RON-PAUL-2012-9201/
God Bless
NYBob,
I am new here. Just read Jason's e-mail about the company.
When is estimated start of production?
Thank you,
Bigone
Emgold Mining Corp ( (EGMCF)
0.0544 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.053 0.083 - - -
EGMCF Detailed Quote Wiki
Emgold Mining Corp ( (EGMCF)
0.064 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.054 0.079 - - -
EGMCF Detailed Quote Wiki
Emgold Mining Corpor (EMR)
666fiat$0.11 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.105 0.11 - - -
TSX:EMR Detailed Quote Wiki
Sutter Gold SGM Has received their permit for new mill development -
have waited a long time on EMR -
its like -
USA turned to be new BS ussr soviet fema gulag !!!
super red banksters gangsters cult plunder the PEOPLE !!!
Emgold Mining Corp ( (EGMCF)
0.115 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.1 0.121 - - -
EGMCF Detailed Quote Wiki
http://www.emgold.com/i/pdf/CorporatePresentation_Jan2012.pdf
http://www.idaho-maryland.com/s/Home.asp
http://investorshub.advfn.com/boards/board.aspx?board_id=5395
Emgold Mining Corp ( (EGMCF)
0.099 ? 0.0 (0.00%)
Volume: 350 @ 9:48:11 AM ET
Bid Ask Day's Range
0.09 0.099 0.099 - 0.099
EGMCF Detailed Quote Wiki
Emgold Mining Corp ( (EGMCF)
0.1045 ? -0.0016 (-1.51%)
Volume: 2,500 @ 1:25:47 PM ET
Bid Ask Day's Range
0.097 0.123 0.1045 - 0.1045
EGMCF Detailed Quote Wiki
Emgold Mining Corp ( (EGMCF)
0.14 ? 0.0 (0.00%)
Volume: 41,570 @ 10:00:13 AM ET
Bid Ask Day's Range
0.132 0.153 0.14 - 0.14
EGMCF Detailed Quote Wiki
gmoneypenny welcome to Emgold Mining Corp. (EGMCF
good to see you @ EGMCF
If you follow Jason Hommel, you'll know that he recently recommended this stock in his newsletter. But you'll also want to read his followup to his recommendation as he gives some sound advice about trading this stock.
Here's the original writeup that went out on 10/28/11 (I'll put his followup in a separate post):
JH MINT Supports Emgold Mining & Idaho-Maryland Mining Corp.
JH MINT recommends buying Emgold stock now!
Emgold is a stock with a market cap value of about $4 million.
Their assets, of the Idaho-Maryland Mine in my hometown of Grass Valley, CA, may well have gold in the ground worth between about $2 to $10 billion.
Their last feasibility study said the gold was economic to extract at about $420/oz.!
They plan to mine up to 200,000 oz. to 300,000 oz. of gold per year.
With profits of about $1200/oz., this is about $240 to $360 million dollars in profit per year.
The stock price will likely rise from about 10 cents to $1/share as they raise the money to start mining.
The stock price will then likely rise from about $1/share to $10/share after they begin mining.
In other words, people who buy stock now, may well make 100 times their initial investment!
The company will have to raise about $125 million to get started mining. With such a low market cap today, this means that only about 10% or less of the future ownership of Emgold is spoken for. The real majority owners, the other 90%, have not yet stepped up and bought stock from the company to give Emgold the financing they need to start mining.
Here's how this might take place:
Emgold has 38 million shares outstanding now.
Emgold might raise $2 million at 14 cents/share, issuing another 14 million shares.
Emgold might raise $4 million at 21 cents/share, issuing another 19 million shares.
Emgold might raise $8 million at 31 cents/share, issuing another 26 million shares.
Emgold might raise $16 million at 45 cents/share, issuing another 36 million shares.
Emgold might raise $32 million at 67 cents/share, issuing another 48 million shares.
Emgold might raise $64 million at $1/share, issuing another 64 million shares.
That would raise all the money they need to start mining, $126 million, and anyone who buys the stock today at ten cents would make 10 times their money during fund raising period. And how much stock would be issued total?
64 + 48 + 36 + 26 + 19 + 14 + 38 = 245
If Emgold does it right, they might have 245 million shares by the time they are done raising the money they need.
If they do it even better, they could put the money they raise into gold, and if the gold price doubles, they could eliminate the final fund raising, and self-finance the mine with much less stock issued!
But if they issue a total of 245 million shares, and if they earn between $240 to $360 million, that's earnings of over $1 per share. That kind of a dividend would drive the stock price to $10/share, or more, if the gold price keeps going up.
It's an axiom of life that if you don't buy it, you won't own it.
The great thing about Emgold is that it's a public company, and shares trade daily, so ownership is always on sale. Therefore, nobody has a legitimate right to complain that they don't own the profits of Emgold; because they can buy stock at any time if they wish.
With the dollar continuing to crash, I believe it is inevitable that many local mines will reopen at some point. The only real decision is who will own the mine or mines?
ANYONE CAN BUY STOCK IN EMGOLD! To buy stock, you would need to open a stock broker account with a brokerage like tdameritrade.com (recommended) or etrade.com or morganstanley.com or ml.com.
The ticker symbols are:
US Pink Sheets symbols: EGMCF.PK, EGMCF
Canadian Vancouver exchange: EMR.V, V.EMR
http://www.emgold.com/s/Home.asp
http://www.idaho-maryland.com/s/Home.asp
Will the mine create environmental damage? Not likely. Mines today are more environmentally friendly than ever. And the profits will be more than enough to pay to prevent any environmental damage. The town council and independent analysts will ensure that.
What about wells running dry? Not likely. It might only affect about 12 homes (or not), and the Mine can easily afford the $1 million estimate to put those homes on NID water, to compensate them for the change in a water source.
If you want to help out yourself, I think you should buy stock in Emgold today.
Imagine if you or your corporation put a mere $100,000 into Emgold at the start of financing, and if that $100,000 investment grew into $10 million worth of stock, that was earning over $1 million per year in dividends.
Finally, the stock is so cheap, it might be possible for a new buying group or company to buy a controlling interest in the company, rather cheaply.
I own Emgold stock, and nobody has paid me to write about Emgold. I'll earn money only if the stock price goes up.
thanks for good info
Jason Hommel's EGMCF followup note (I believe in his first statement below, he meant to say "On Wednesday morning"):
Be Careful with Emgold Stock
On Friday morning, I wrote about a stock, and it went up 73% that day from 11 cents to 19 cents/share.
http://silverstockreport.com/2011/emgold.html
Please be careful. I know the stock is a good deal. However, at the present time, I recommend that nobody bid more than 20 cents/share for the stock. There are several reasons.
The most important reason is that the company needs to raise money, up to $125 million. Paradoxically, it can get harder to raise money if the share price goes too high, too fast, for several reasons.
First, great investment opportunities are great when the price is low. When the price is much higher, the investment returns are less. So, just as you don't like paying too much for the stock when you buy it on the open market from an online broker, so also, neither do big money investors want to pay too much when they buy stock directly from the company. In other words, if you, my readers, bid the stock price too high, too soon, without letting the company raise money, it's self defeating, because we don't want our shares to have no more value than a ponzi scheme if the company is not fully funded, permitted, and ready to begin mining. Getting fully funded is crucial to enable the stock price to grow from $1 to $10/share!
Second, the company has to raise up to $125 million. Typically, the largest investors come on board last, when most of the risk has been removed from the project; but they also expect to obtain a large percentage ownership of the project, too. And that big money is needed if the project is to move forward and generate profits for all the shareholders.
In other words, it's hard for a $300 million market cap company with only $5 million raised so far, to raise $100 million, but it's easier for a $100 million market cap company, with $50 million already raised, to raise $100 million, because in the latter case, the last investors end up owning 1/2 of the company or more, instead of only 1/4 of the company. The point is that a good rule of thumb is that a development company should have about half as much cash on hand as the market cap.
In this case, Emgold is just finishing up a $1 million private placement, at 10 cents per share. But Emgold has 38 million shares out; and now, at 19 cents, has a market cap of about $7 million. So, the company should not only finish their current private placement, but also, the company should immediately open up a new one, and raise about $2.5 to $3 million at a new, higher price, of about 80% of the current share price, or about 15 cents per share.
It can be a problem if the stock price runs up too fast, because then it might be harder to raise the needed funds to continue the development of the project, on which, ultimately, all of our profits depend.
Also, consider the share volume spike: The share trading volume has recently averaged about 100,000 shares per day. Yesterday, there were 1.1 million shares traded, 11 times as much as normal. I suppose that was due to my article's promotion of the facts of the company. But let's consider their current private placement of $1 million at 10 cents. That will be 10 million shares issued, and another 10 million warrants at 14 cents. That means that 20 million shares will come freely trading in about 4 months to the day after the placement is closed. So, 4 months from now, the stock might take a dip in price, as those investors might want to try to lock in profits. So, if you want to buy stock, mark your calendars for about 4 months from now, and be patient!
Learn from my own example. I purchased Emgold over a period of about 3 weeks. It took that long to accumulate 1.2 million shares without pushing up the share price, and I bought between 8 cents and 12 cents per share. Then, I waited about another 5 weeks, before writing yesterday's article, because I wanted to be sure that the immediate bankruptcy risk was removed from the company, to be prudent, before promoting to a wider audience, everyone reading this.
Additionally, if the company begins raising $3 million at 15 cents/share now, as they should, then that will be another 20 million shares, and maybe another 10-20 million warrants that will come freely trading 4 months after that next placement closes. And when that stock is ready to trade, that might also cause the stock price to move down.
They key for the company, to maintain continued and successful fund raising, is to ramp up promotion at the times when that stock comes free, so that upward momentum of the stock price keeps people interested, rather than discouraged.
Big money likes to see investment interest from smaller traders. But bigger money is generally much more cautious, and they will do far more methodical research to make sure of the soundness of the investment opportunity.
Also, if the stock price is too volatile, that also makes it hard for the company, and investors, to figure out what to do. People begin to wildly speculate that permits are being denied, rather than doing real research or contacting the company to see what is really going on. A wildly changing stock price can scare off the big money investors that we want to ultimately attract.
One of the worst things that could happen now, is if another successful promoter found out about Emgold, and began promoting it too aggressively, before the company is able to appropriately scale up and raise funds at gradually increasing price levels. If you are such a an online promoter, please choose another stock; there are many to choose from.
If you follow Jason Hommel, you'll know that he recently recommended this stock in his newsletter. But you'll also want to read his followup to his recommendation as he gives some sound advice about trading this stock.
Here's the original writeup that went out on 10/28/11 (I'll put his followup in a separate post):
JH MINT Supports Emgold Mining & Idaho-Maryland Mining Corp.
JH MINT recommends buying Emgold stock now!
Emgold is a stock with a market cap value of about $4 million.
Their assets, of the Idaho-Maryland Mine in my hometown of Grass Valley, CA, may well have gold in the ground worth between about $2 to $10 billion.
Their last feasibility study said the gold was economic to extract at about $420/oz.!
They plan to mine up to 200,000 oz. to 300,000 oz. of gold per year.
With profits of about $1200/oz., this is about $240 to $360 million dollars in profit per year.
The stock price will likely rise from about 10 cents to $1/share as they raise the money to start mining.
The stock price will then likely rise from about $1/share to $10/share after they begin mining.
In other words, people who buy stock now, may well make 100 times their initial investment!
The company will have to raise about $125 million to get started mining. With such a low market cap today, this means that only about 10% or less of the future ownership of Emgold is spoken for. The real majority owners, the other 90%, have not yet stepped up and bought stock from the company to give Emgold the financing they need to start mining.
Here's how this might take place:
Emgold has 38 million shares outstanding now.
Emgold might raise $2 million at 14 cents/share, issuing another 14 million shares.
Emgold might raise $4 million at 21 cents/share, issuing another 19 million shares.
Emgold might raise $8 million at 31 cents/share, issuing another 26 million shares.
Emgold might raise $16 million at 45 cents/share, issuing another 36 million shares.
Emgold might raise $32 million at 67 cents/share, issuing another 48 million shares.
Emgold might raise $64 million at $1/share, issuing another 64 million shares.
That would raise all the money they need to start mining, $126 million, and anyone who buys the stock today at ten cents would make 10 times their money during fund raising period. And how much stock would be issued total?
64 + 48 + 36 + 26 + 19 + 14 + 38 = 245
If Emgold does it right, they might have 245 million shares by the time they are done raising the money they need.
If they do it even better, they could put the money they raise into gold, and if the gold price doubles, they could eliminate the final fund raising, and self-finance the mine with much less stock issued!
But if they issue a total of 245 million shares, and if they earn between $240 to $360 million, that's earnings of over $1 per share. That kind of a dividend would drive the stock price to $10/share, or more, if the gold price keeps going up.
It's an axiom of life that if you don't buy it, you won't own it.
The great thing about Emgold is that it's a public company, and shares trade daily, so ownership is always on sale. Therefore, nobody has a legitimate right to complain that they don't own the profits of Emgold; because they can buy stock at any time if they wish.
With the dollar continuing to crash, I believe it is inevitable that many local mines will reopen at some point. The only real decision is who will own the mine or mines?
ANYONE CAN BUY STOCK IN EMGOLD! To buy stock, you would need to open a stock broker account with a brokerage like tdameritrade.com (recommended) or etrade.com or morganstanley.com or ml.com.
The ticker symbols are:
US Pink Sheets symbols: EGMCF.PK, EGMCF
Canadian Vancouver exchange: EMR.V, V.EMR
http://www.emgold.com/s/Home.asp
http://www.idaho-maryland.com/s/Home.asp
Will the mine create environmental damage? Not likely. Mines today are more environmentally friendly than ever. And the profits will be more than enough to pay to prevent any environmental damage. The town council and independent analysts will ensure that.
What about wells running dry? Not likely. It might only affect about 12 homes (or not), and the Mine can easily afford the $1 million estimate to put those homes on NID water, to compensate them for the change in a water source.
If you want to help out yourself, I think you should buy stock in Emgold today.
Imagine if you or your corporation put a mere $100,000 into Emgold at the start of financing, and if that $100,000 investment grew into $10 million worth of stock, that was earning over $1 million per year in dividends.
Finally, the stock is so cheap, it might be possible for a new buying group or company to buy a controlling interest in the company, rather cheaply.
I own Emgold stock, and nobody has paid me to write about Emgold. I'll earn money only if the stock price goes up.
Emgold Announces Non-Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 26, 2011) -
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Emgold Mining Corporation (the "Company" or "Emgold") (TSX VENTURE:EMR)(OTCBB:EGMCF)(FRANKFURT:EML) is pleased to announce that, subject to TSX Venture Exchange approval, Emgold proposes to carry out a non-brokered private placement of up to 10,000,000 units ("Units") of the Company at CDN$0.10 per Unit to raise up to CDN$1,000,000. Each Unit will consist of one common share (a "Share") of the Company and one non-transferable share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase, for a period of 24 months, one additional Share at a price of CDN$0.15. The Shares issued in connection with this non-brokered private placement, including any issued on the exercise of the Warrants, will be subject to a minimum hold period of four months.
Finder's fees comprised of up to 8% cash and 8% in finder's warrants may be payable in connection with some or all of the offering in accordance with TSX-Venture Exchange policies. Each finder's warrant would be exercisable for one Share at a price of $0.15, for a period of 24 months from the date of issuance. Shares issued on the exercise of the finder's warrants would also be subject to a minimum hold period of four months.
The proposed financing is subject to all necessary regulatory approvals. The proceeds of the financing will be primarily used for exploration activity on the Company's Buckskin Rawhide Property in Nevada, property acquisition in Nevada, exploration of its Stewart Property in British Columbia, and general working capital.
Buckskin Rawhide Property Update
To date, Emgold has identified two significant gold and silver targets at its Buckskin Rawhide Property (the "Property"), located about 40 miles south of Fallon, Nevada. Surface sampling of the eastern half of the Buckskin Rawhide claim block in the Chicago Mountain area resulted in the definition of a significant disseminated gold exploration target. The target, as defined to date, is approximately 4,000 feet long by 400 feet wide and occurs completely within Emgold's claim block. Historic reverse circulation drilling in the area indicates mineralization in the zone occurs to depths of 165 feet, and the zone is open for expansion in several directions (see Emgold's October 4th, 2011 press release for details).
Emgold's second target is the Black Eagle Vein, which is a high grade gold occurrence situated on the west side of Emgold's claim block. Surface sampling of that structure has resulted in the discovery of high-grade gold-silver mineralization containing up to 9.0 ounces per ton gold in a steeply dipping mineralized shoot (see Emgold's January 12, 2011 and April 20, 2011 press releases).
Emgold continues to review and model historic exploration data and Emgold exploration data on the Property, using Mine Sight software. This data includes soil sampling, rock chip sampling, and reverse circulation drilling. The Company's goal is to identify exploration targets for drilling in 2012.
The Buckskin Rawhide Property is comprised of 52 unpatented claims totaling 1,040 acres, of which 46 claims are currently under a lease and option to purchase agreement with Nevada Sunrise LLC, a private company. Six additional claims were staked by Emgold (see Emgold's April 11, 2011 press release). The Property is located in the Rawhide Mining District and is situated adjacent to Pilot Gold Inc.'s Regent gold-silver property and to Rawhide Mining Company's Rawhide Mine. Potential exists for synergistic development of the three properties.
The Buckskin Rawhide Property is a volcanic-hosted, structurally controlled, epithermal gold-silver prospect in the Walker Lane gold belt of western Nevada. The Walker Lane is a regional shear zone and known gold trend that hosts large and small historic and currently operating gold-silver mines, including mines of the Comstock Lode, Tonopah District and Rawhide District. Buckskin Rawhide geology and mineralization are associated with lithologic units and structures of the Rawhide Caldera, as well as structures from the Walker Lane and Basin and Range.
Stewart Property Update
Emgold has completed the drilling planned for 2011 at its 100% owned Stewart Property in British Columbia and is awaiting assay results. The Stewart Property is a poly-metallic exploration property with potential for molybdenum, tungsten, gold, silver, and other mineralization. The focus of the 2011 program was to further delineate a molybdenum resource that has been indentified from historic drilling on the property and by further drilling by Emgold. This program consisted of 19 drill holes totaling 2,526 metres (8,273 feet). Samples have been shipped to Acme Labs in Vancouver for analysis. Assay results are expected to be available starting in November.
Idaho-Maryland Project Update
Emgold's 100% owned subsidiary, Idaho-Maryland Mining Corporation ("IMMC") submitted its revised Permit Applications to the City of Grass Valley in April, 2011. The Applications were accepted by the City in May 2011. The City is currently in the process of completing a competitive bid process to select a consultant to complete the Revised Draft Environmental Impact Report ("EIR") and Final EIR for the Idaho-Maryland Project (described below). On October 12th, the City of Grass Valley interviewed three potential bidders. From these bidders, the selection panel for the City recommended Ascent Environmental, with offices in Sacramento and Stateline Nevada. Sub-consultants to Ascent will include Golder Associates, a global leader in mine related environmental, engineering, and reclamations projects, Fehr and Peers for traffic analysis, and Hausrath Economic Group for economic analysis. The contract with Ascent will be reviewed by Grass Valley City Council on November 8th. Subsequently a Reimbursement Agreement may be completed between the City and IMMC to fund the scope of work, which would be payable by IMMC as the Project Applicant. The completion of the Final EIR is expected to take approximately 12 months after work is initiated.
Upon completion of selection of the final bidder and prior to signing the Reimbursement Agreement, IMMC will request that the City of Grass Valley put the Idaho-Maryland Project temporarily on hold, to allow the Company 60-90 days to evaluate strategic alternatives to fund the completion of the EIR Process. IMMC does not plan to move forward with the EIR Process until sufficient funds are in place to ensure successful completion of the entire EIR.
Evaluation of Financing Alternatives
Emgold plans to use the next 60-90 day period to evaluate strategic alternatives respecting continuance of the Idaho-Maryland Project, and the funding of the Project EIR to completion. Despite the current high price of gold bullion, financing for projects in the junior mining sector is extremely difficult. In the event that insufficient funds can be raised to move the Idaho-Maryland Project forward at the end of that period, Emgold may have to delay the project until market conditions improve or, as a worst case, drop the Project entirely to focus on the other quality assets the Company currently has in its portfolio, including the Buckskin Rawhide Project in Nevada and the Stewart Property in British Columbia.
Information Regarding Emgold
Emgold is currently in the advanced stage of permitting the Idaho-Maryland Project, located in Grass Valley, CA. The Idaho-Maryland Mine was once the second largest underground gold mine in California and is reported to have produced 2.4 million ounces of gold at an average recovered grade of 0.43 ounce per ton. Emgold has a number of earlier stage exploration properties including the Buckskin Rawhide Property in Nevada, and the Stewart Property and the Rozan Property in British Columbia. The Rozan Property is currently optioned to Valterra Resource Corporation. For more information about Emgold, the Idaho-Maryland Gold Project and the Buckskin Rawhide, Stewart, and Rozan Properties, please visit www.emgold.com. Company filings are available at www.sedar.com.
The scientific or technical information contained in this news release has been reviewed and approved by Mr. Robert Pease P.Geo., Chief Geologist of the Company (for the Idaho-Maryland Project and Buckskin Rawhide Project) and Mr. Perry Grunenberg, P.Geo., an independent consultant to the Company (for the Stewart Property). Both are Qualified Persons as defined in National Instrument 43-101 and are supervising the current exploration work at each site.
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
David G. Watkinson, P.Eng., President & CEO
This release was prepared by the Company's management.
This news release includes certain statements that are "forward-looking statements" within the meaning of applicable securities laws including statements regarding the proposed private placement, the timing of results from exploration work conducted on the Stewart Property, the timing and results from exploration work on the Buckskin Rawhide Property, development of adjacent properties to the Buckskin Rawhide Property, expected results and potential mineralization and resources on the properties. Forward-looking statements are based on certain assumptions of the Company, including that it will complete the proposed private placement, that results from the Company's drilling program on the Stewart Property will be completed in a reasonable timeframe, that actual results of exploration and development activities on the Stewart Property are consistent with management's expectations, that results of exploration on the Buckskin Rawhide Property are consistent with management's expectations, that properties adjacent to the Buckskin Rawhide property are developed, that assumptions relating to mineral resource estimates are accurate, and financing is available to complete the required work. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploration results that are different than those anticipated, inability to raise or otherwise secure capital to fund planned programs, changes to metal prices, the price of the Company's shares, the costs of labour, equipment and other costs associated with exploration, availability of drilling equipment and operators, actual development and mining operations, exploitation and exploration successes, approvals by federal, state, and local agencies, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. The Company does not intend to update or revise any forward-looking information whether as to a result of new information, future events or otherwise, except as required by law. For more information on the Company, investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com.
U.S. 20-F Registration: 000-51411
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
http://tmx.quotemedia.com/article.php?newsid=45550499&qm_symbol=EMR
Yea , ugly. Either there is dilution going on or maybe (not sure but guessing) Gerbino is lowering his stake.
So much volume the last few days from the norm.
Emgold Mining Corp ( (EGMCF)
0.0758 ? -0.0092 (-10.82%)
Volume: 635,725 @ 10:32:14 AM ET
Bid Ask Day's Range
0.075 0.091 0.075 - 0.106
EGMCF Detailed Quote
Will see what tomorrow brings. OTC Pink reports indicate share value is .1479...
Ask is a little high for substantial profit...but, the morning may be different.
I am not sure, I did pick some more up today but I wonder if Gerbino might be dumping some of his shares. Only thing I can think of with this volume here.
Village Man: PPS hasn't ever been this low. Good for a bounce, you think?
According to OTC (Pink Sheets) Simple Math suggests share value is .1479.
Ask is a little too high for substantial profit. See what tomorrow brings.
Large volume today on the downside, have not seen this kind of volume in quite some time.
Emgold Announces Commencement of its 2011 Core Drilling Program-Stewart Property, B.C.
http://finance.yahoo.com/news/Emgold-Announces-Commencement-ccn-297487468.html?x=0&.v=1
Waiting on permitting.
Emgold Mining Corp ( (EGMCF)
0.148 ? 0.006 (4.23%)
Volume: 2,200 @ 3:48:53 PM ET
Bid Ask Day's Range
0.102 0.148 0.136 - 0.148
EGMCF Detailed Quote
It's all about permitting, with that firmly in hand, if ever, this thing will move out.
Wake me when that happens.
Emgold Mining Corp ( (EGMCF)
0.154 ? -0.006 (-3.75%)
Volume: 5,300 @ 3:44:36 PM ET
Bid Ask Day's Range
0.122 0.154 0.145 - 0.154
EGMCF Detailed Quote
Emgold Mining Corp (EGMCF)
0.155 ? 0.005 (3.33%)
Volume: 130,300 @ 11:27:54 AM ET
Bid Ask Day's Range
0.123 0.155 0.15 - 0.156
EGMCF Detailed Quote
Emgold Mining Corp (EGMCF)
0.157 ? 0.0 (0.00%)
Volume: 8,000 @ 3:51:01 PM ET
Bid Ask Day's Range
0.141 0.157 0.157 - 0.157
EGMCF Detailed Quote
Emgold Mining Corp (EGMCF)
0.1445 ? 0.0006 (0.42%)
Volume: 3,500 @ 10:24:15 AM ET
Bid Ask Day's Range
0.129 0.153 0.1445 - 0.1445
EGMCF Detailed Quote
Wednesday, March 09, 2011
TSX Venture Exchange: EMR
Other OTC: EGMCF
Frankfurt Stock Exchange: EML
U.S. 20-F Registration: 000-51411
Emgold Announces Idaho-Maryland Project Update
Project Overview
Emgold Mining Corporation (Emgold or the Company) provides the following update on its Idaho-Maryland Project (Project), located in Grass Valley, California. The Idaho-Maryland Mine was once the second largest underground gold mine in California and is reported to have produced 2.4 million ounces of gold at an average recovered grade of 0.43 ounce per ton. The mine contains a NI 43-101 compliant measured and indicated resource of 472,000 ounces of gold at a grade of 0.28 ounces per ton and an inferred resource of 1,002,000 ounces of gold at a grade of 0.39 ounce per ton, estimated as of March 1, 2007 (see Emgold's NI 43-101 compliant Technical Report titled "Idaho-Maryland Mine Project" dated December 8, 2009 at www.emgold.com or, filed under the Company's profile at www.sedar.com). A detailed summary of the Idaho-Maryland Project is available at www.emgold.com and www.idaho-maryland.com.
Permitting Status
Emgold is in the advanced stage of permitting the re-opening of the mine and is completing an Environmental Impact Report (EIR) for the Project through its 100% owned subsidiary, Idaho-Maryland Mining Corporation (IMMC). The preparation of the EIR commenced in July 2007 in accordance with the California Environmental Quality Act (CEQA). A Draft EIR was completed in October 2008 by the City of Grass Valley (City), the CEQA lead agency, and its consultant Environmental Science Associates (ESA) and the public comment period for the Draft EIR was completed in January 2009. The Draft EIR indicated that of the 15 areas evaluated, the Company was successfully able to avoid or mitigate potential environmental impacts of the Project in all areas, but one. This is a major accomplishment for any mining and/or industrial project, regardless of the jurisdiction.
After reviewing the Draft EIR, meeting with various government agencies to review their comments, reviewing public comments from the Draft EIR obtained during the public comment period (letters and public meetings), and obtaining input from the local community through IMMC's community outreach program, IMMC elected in mid-2009 to clarify and amplify the project design contained in Project Applications to further mitigate and/or eliminate potential environmental impacts of the Project identified in the Draft EIR. As the air quality analysis in that document identified certain impacts to be potentially significant, the primary focus of this work was to lessen potential air quality impacts from oxides of nitrogen, random organic gases, respirable dust (PM10), and greenhouse gas emissions. The project description revisions in the Project Applications reflect the goal of Emgold and IMMC to ensure the Idaho-Maryland Mine Project is a socially and environmentally responsible project that will benefit the City, Nevada County, the local communities, and our shareholders.
IMMC has completed significant work on air quality modeling for the Project and alternatives to address the air quality impacts outlined in the Draft EIR. Modeling done by IMMC's air quality experts has significantly reduced oxides of nitrogen, reactive organic gases, and respirable particulate matter from previous estimates contained in the Draft EIR. IMMC's proposed measures taken to accomplish these reductions include, but are not limited to, use of a Traffic Management Plan (e.g., van-pooling and car-pooling) to reduce employee traffic trips and associated air emissions, use of low NOX burners for combustion of natural gas, use of emulsion explosives, use of higher tier engines for off road underground and surface equipment, and use of shaft hoisting instead of trucking for material handling of ore and development rock.
IMMC expects to submit revised Project Application documents to the City in April, 2011. Based on CEQA guidelines, after review of the project design modifications reflected in the Application documents, the City may determine that a Revised Draft EIR is required for the project and circulate it for public comment. Alternatively, the City may elect to proceed with preparation of the Final EIR. IMMC anticipates a Revised Draft EIR will be required and has been proceeding on this basis since mid-2009.
The Final EIR will be prepared by the City and its consultant. The Grass Valley Planning Commission will review the Final EIR and entitlements for the Project, make a determination if the documents are complete and adequate, and forward the package to the Grass Valley City Council. The City Council will be responsible for Certification of the Final EIR, approving the entitlements, and approving a Conditional Use Permit for the Project. It is anticipated that the Final EIR can be completed in 2011.
David Watkinson, President and CEO of Emgold stated, "Emgold is busy on a number of fronts with the Idaho-Maryland Project and our other exploration properties located in Nevada and British Columbia. Our main focus is the Idaho-Maryland Project, and we have made a number of improvements and ensured that input from the public is incorporated into the project changes. We are excited to start moving forward again in the public domain with the Idaho-Maryland Project in anticipation of completing the California Environmental Quality Act (CEQA) process to allow us to advance the development of the Idaho-Maryland Mine."
In addition, Watkinson also stated, "The Idaho-Maryland Project is expected to result in 400 permanent jobs the Grass Valley and Nevada County area. The unemployment rate for Nevada County currently stands at 11.2% (January 21, 2011 California EDD Report, Preliminary numbers for December, 2010). The Grass Valley Mining District was once a major gold mining district in the U.S., and the mines within a three mile radius of the Idaho-Maryland Project are reported to have produced over 13 million ounces of gold between roughly 1850 and 1956. The mines shut down in 1956 due to the fixed price of gold by the U.S. government at US$35.00 per ounce and rising labor and supply costs after WWII. Emgold management believes the Idaho-Maryland Project is a world class gold deposit, and its development will positively impact the local and state economies."
The Gold Mining Industry in California
The years 2007 and 2009 saw the reopening of New Gold Inc.'s Mesquite Mine and ATNA's Briggs Mine respectively, both located in California. Gold production in California, which had decreased from 553,000 ounces per year in 2000, has now rebounded from a low of 19,400 ounces per year in 2007 to 161,400 ounces per year in 2009 (See Table 1). Other advanced stage gold projects in the permitting process in California include Sutter Gold Mining Corporation's Lincoln Project and Golden Queen Mining Company's Soledad Mountain Project.
Table 1
Recent Gold Production in California Years 2000 to 2009
Year
Ounces of Gold Produced
2000
553,000
2001
452,500
2002
306,300
2003
141,000
2004
95,700
2005
65,300
2006
21,600
2007
19,400
2008
119,300
2009
161,400
Sources: State of California Non-Fuel Mineral Production Reports, 2001 to 2008.
Northwest Mining Association, Gold Production by State, Updated Aug 2010.
Watkinson stated, "As outlined in recent articles in the New York Times and Washington Post referencing the Idaho-Maryland Project, the idea of a California Gold Rush is a thing of the past, despite the current high gold price per ounce. The average time to permit a mine anywhere in the U.S., including Nevada is currently in excess of 7 years. Despite this, we should see a steady increase in gold production in California over the next few years as a variety of projects work their way through the permitting process. With an unemployment rate of 12.5% in California (Source: U.S. Department of Labor Statistic, Preliminary Numbers, December 2010), the gold mining industry in California could achieve a 500,000 ounce per year production rate again within the next decade. This would represent about US$700 million input per year for the California economy at the current gold price of about US$1,400 per ounce. In 2008, California's non-fuel mineral production, which includes gold, was US$4.0 billion. This included 717 active mines and directly employed about 10,000 people at the mines and their processing plants (Source, California Non-Fuel Production, 2008, USGS). According to the United States Bureau of Economic Analysis, California's Gross Domestic Product ("GDP") for mining in 2009 was $15 billion while Nevada's GDP for mining in 2009 was only $4.3 billion. We believe that California is a good place to develop a gold mine and do profitable and responsible business."
Information in this news release that is of a scientific or technical nature was prepared by Mr. Robert Pease, Professional Geologist (California), Chief Geologist of the Company. For more information about Emgold, the Idaho-Maryland Gold Project and the Buckskin Rawhide, Stewart, and Rozan Properties, please visit www.emgold.com.
On behalf of the Board of Directors
David G. Watkinson, P.Eng.
President & CEO
For further information please contact:
Tel: 604-687-4622 Toll Free: 1-888-267-1400
Email: info@emgold.com
Trust but Verify article in the Union Newspaper. There is definitely some significant concern about the long term viability of the Idaho Maryland Mine. Emgold will have to convince the community that they will have the funds/insurance to cover any liability issues that result from the mining operation.
I don't believe that they or any other company will have the financial viability to cover this for a mine that is so close to the downtown area of Grass Valley.
http://www.theunion.com/article/20110216/NEWS/110219841/1024&ParentProfile=1056
Website: http://www.emgold.com
Phone: 604-687-4622
Email: info@emgold.com
EMGOLD MINING CORPORATION
Suite 1400-570 Granville Street
Vancouver, British Columbia
Canada V6C 3P1
Tel: 604.687.4622
Fax: 604.687.4212
Toll Free: 1-888-267-1400
Subsidiary Offices:
IDAHO-MARYLAND MINING CORPORATION
P.O. Box 1836
431 Crown Point Circle
Grass Valley, CA 95945
Tel:530.271.0679
Fax:530.271.0693
GOLDEN BEAR CERAMICS COMPANY
P.O. Box 1836
431 Crown Point Circle
Grass Valley, CA 95945
Tel:530.271.0679
Fax:530.271.0693
Emgold Mining Corp (EGMCF)
0.192 ? -0.01 (-4.95%)
Volume: 5,000 @ 11:49:52 AM ET
Bid Ask Day's Range
0.1917 0.203 0.192 - 0.192
EGMCF Detailed Quote
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Business Description
Emgold Mining Corporation is a Vancouver-based exploration and mining company focused on the re-development of the former Idaho-Maryland Gold Mine located in Grass Valley, California and the exploration and development of several early stage prospects in British Columbia. Emgold is working to become a gold producer, focusing its efforts primarily on the Idaho-Maryland Property.
Emgold has:
Contact Info
570 Granville St.
Suite 1400
Vancouver, BC
Canada, V6C 3P1
Website: http://www.emgold.com
Phone: 604-687-4622
Email: info@emgold.com
EMGOLD MINING CORPORATION
Suite 1400-570 Granville Street
Vancouver, British Columbia
Canada V6C 3P1
Tel: 604.687.4622
Fax: 604.687.4212
Toll Free: 1-888-267-1400
Subsidiary Offices:
IDAHO-MARYLAND MINING CORPORATION
P.O. Box 1836
431 Crown Point Circle
Grass Valley, CA 95945
Tel:530.271.0679
Fax:530.271.0693
GOLDEN BEAR CERAMICS COMPANY
P.O. Box 1836
431 Crown Point Circle
Grass Valley, CA 95945
Tel:530.271.0679
Fax:530.271.0693
Transfer Agent(s)
Computershare Trust Company of Canada Inc.
Shares Outstanding 18,513,740 a/o Aug 31, 2010
OTC Market Tier Pink Sheets Current
Latest Filing Dec 6th 2010
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7600610
Recent News.......
Dec 13th- 2010 http://www.emgold.com/s/News-2010.asp?ReportID=433002
Dec 9th 2010 http://www.emgold.com/s/News-2010.asp?ReportID=432752
Oct 21st 2010 Prensentation http://www.emgold.com/s/News-2010.asp?ReportID=432752
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