Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
1.60X 1.75........:)
Up in Germany.......up in Canada.....go HIHO
They had a meeting @ Sprott which went very well. I think we will see a deal here with one of the big players in TO.
No trades yet in Canada b1.54 a1.60
(You have CVSS at .12 .14? Bought recently?)
Sprott moly fund is now trading. MLY around $5.90. Already nice for the original $5.00 public offering. Will MLY ever consider HIHO? Not for a while, imo.
g.p.
Holding up well here
A slight correction? Frankfurt at 1.03 euros, now, down.07 but that is still close to $1.60CDN anyway.
g.p.
MOLY and HIHO going higher
last @ 1.60........I was away for 4 days.........got to love it
Hi Ho posted results today. Part of the reason for the gains.
g.p.
Crazy good here........this MOLY play is about to go boom.....
good article, b.c., thanks.
1.17 euro and $1.70CDN and great volume.
g.p.
Check this out, found it on another board:
A good read on the increasing use of moly in the nuclear industry:
http://www.stockinterview.com/News/04102007/Molybdenum-Vital-To-Nuclear-Industry.html
Huge Day, new highs, record volumes in Germany and Canada
1.55 now.....
stock is looking great...news on drill results will drive this nuts.
Over 1 euro! 330K traded, last at 1.02euros.
Should go over $1.50CDN. Actually, at $1.50 last with 183Kvolume. Strong 300K bid at $1.48. Thin on the ask.
Looking better and better!
g.p.
169k at .97 Euros as I look this am-1pm German time.
last @ 1.40 on 277,500 shares............
everybody loves the HO......... :)
big volumes again today on both markets.....something must be up
Will do.............
Frankfurt: about 175Kshares last at .94 euro well over $1.40CDN.
g.p.
december, take your time. I'm fully invested right now. I need to take some profil in other stocks to make room for your list, thanks in advance!
pete
I know I promised u that list......I will get on it today.........
over 100k in Franfurt again, up to 94 Euros, party is just starting. Results coming...........
Thanks for the info, december ! I need to find companies that is traded in the US market or has a US symbol. I know BLE has one and that's it.
pete
Canadian Mining Companies with Big Upside
AFA.V ------ Last @ .24 -------- Up 20% on over 5 million shares traded
KNP.V ------ Last @ .345 ------- Up 56% on over 10 million shares traded
On watch:
HIHO (CNQ) ----- Low Float Moly Play (Big following in Germany)
NGE.V ----- About to break to new highs (Sprott is a shareholder)
CPP.V ----- Mining play in Ecuador (Same group as KNP.V)
China Molybdenum $886-million IPO draws big investors
Reuters
http://www.theglobeandmail.com/servlet/story/RTGAM.20070409.wchinamoly0409/BNStory/Business/home
HONG KONG — China Molybdenum Co. Ltd. is raising as much as $886-million (U.S.) in a Hong Kong IPO, and eight cornerstone investors including Hong Kong tycoons Lee Shau Kee and Li Ka-shing have already bought 20 per cent of the share sale, sources close to the deal said.
The firm, the country's largest producer of the minor metal used in steel production, kicked off a management road show on Monday. It is offering 1.08 billion shares, or 25 per cent of its enlarged share capital, between $5.00 (Hong Kong) to $6.40 apiece, the sources said.
The issue price range values the firm at 10.8 times to 13.8 times forecast 2007 earnings, almost a 20 per cent discount to rival Hunan Nonferrous Metals Co.'s 17 times price-to-earning ratio at the high end.
Other cornerstone investors include Bank of East Asia Chairman David Li, Beijing-backed conglomerate Citic Pacific, the Government of Singapore Investment Corp. and Citigroup.
Morgan Stanley and UBS are sponsoring the deal, which will close on April 18, with a trading debut set for April 26.
Mr. Lee is chairman of Henderson Land while Mr. Li Ka-shing is chairman of Hutchison Whampoa Ltd. and Cheung Kong (Holdings) The two, along with other Hong Kong tycoons, often invest in IPOs by big Chinese state-run firms.
Placer Dome use to own the property :)
correct, Europe does it right.......4 day weekend.
going to the sedar site, apparently there is an old 43101 report on there indicating some numbers. Remember they have 188 holes of data from past owners of the properties.
:(............2morrow :)
Unless I,m mistaken, European markets are closed today, so we remain at .91 euro.
g.p.
I am anxious to see what happens in Germany in the morning
Thanks, December! eom!
Moly over $30 per pound
I will get u a list of MOLY stock on the pinks in the a.m.....cheers dec
December, thanks for the info. Do you know if the Mo ETF has a US symbol yet? How about all the other Mo stocks? I think BLEEF is BLE in Ca. Please advise! TIA.
Peter
Molybdenum
Statistics and Information
Publications Contacts Subscribe
Molybdenum (Mo) is a refractory metallic element used principally as an alloying agent in steel, cast iron, and superalloys to enhance hardenability, strength, toughness, and wear and corrosion resistance. To achieve desired metallurgical properties, molybdenum, primarily in the form of molybdic oxide or ferromolybdenum, is frequently used in combination with or added to chromium, columbium (niobium), manganese, nickel, tungsten, or other alloy metals. The versatility of molybdenum in enhancing a variety of alloy properties has ensured it a significant role in contemporary industrial technology, which increasingly requires materials that are serviceable under high stress, expanded temperature ranges, and highly corrosive environments. Moreover, molybdenum finds significant usage as a refractory metal in numerous chemical applications, including catalysts, lubricants, and pigments. Few of molybdenum's uses have acceptable substitutions
Sprott sets price for molybdenum fund offering
Snapshot: ARU ASX CLL KRY PAX PDN PLE SKV SNO WIN
OTTAWA, April 4 (Reuters) - Sprott Molybdenum Participation Corp. announced prices for its highly anticipated initial public offering on Wednesday, but stocks related to the rare base metal had only a muted reaction following an extended recent rally.
The fund will invest in both miners and molybdenum, which is valued for its strengthening and anti-corrosive properties.
Anticipation of the fund helped fuel a recent rise in stocks linked to molybdenum, as did tight supplies and the expectation of a quota system from China, a major global supplier.
Sprott said the fund will sell 36 million units for C$5 each, raising gross proceeds of C$180 million ($155 million).
Each unit consists of one common share and one-half of one common share purchase warrant. Warrant holders can buy one common share for C$7.50 in a two-year period from the close of the offering, expected on April 16.
A syndicate of agents will get an overallotment option to buy up to 5 percent of the total units sold on closing.
Sprott Asset Management, which previously launched Uranium Participation Corp. (U.TO: Quote, Profile, Research), has acquired 3.9 million common shares of the molybdenum fund, representing a 9.94 percent stake.
After the pricing announcement, shares in Blue Pearl Mining (BLE.TO: Quote, Profile, Research) added 4 Canadian cents to C$13.11 on the Toronto Stock Exchange. Blue Pearl is the world's biggest pure-play, publicly traded molybdenum producer.
Moly Mines (MOL.TO: Quote, Profile, Research), which is developing a molybdenum project in Australia, added 12 Canadian cents, or 3 percent, to C$3.85.
Juniors such as Roca Mines (ROK.V: Quote, Profile, Research) slipped 3 Canadian cents to C$2.85, while Adanac Molybdenum (AUA.V: Quote, Profile, Research) dropped 12 Canadian cents, or 5 percent, to C$2.33.
($1=$1.16 Canadian)
About the Writer
Username:
ResourceBoom
Location:
ON Canada
View my complete profile
Deserted......quiet........great week none the less.......cheers dec
No trades today,sofar.
Penson is only on two small bids lower than Canaccord.
Northern IS the seller...
Long weekend coming up. Some traders have already gone...
g.p.
New market maker today.....Penson is onside
hi hooooooooooo :)
think you are correct news soon and then off we ho ( i mean go)
U know it geo.........this one is primed to pop..........
Now, this was double the volume of the previous high volume day. The German numbers were not negligible either.
The CNQ exchange doesn't have many trading houses, even so, the buying was almost entirely done through Canaccord, one of the 4 or 5 regular traders.
Probably a single buyer? At any rate, the next 70K bids are also Canaccord.
We should get more results soon, probably just after Easter, imo.
Tomorrow's the end of the week. Very interesting!
g.p.
1.37X 1.45 ..........better by the day
Last I looked: Frankfurt: Hi Ho up to .93euro on about 80K.
up .04. Looking good for $1.40 CDN or better.
g.p.
Followers
|
6
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
344
|
Created
|
03/02/07
|
Type
|
Free
|
Moderators |
COMPANY PROFILE | |||
Mailing Address: | World Trade Centre – Suite 404 – 999 Canada Place Vancouver, British Columbia V6C 3E2 | Head Office Address: | World Trade Centre Vancouver, British Columbia V6C 3E2 |
Contact Name: | William Jorgenson CEO | Principal Regulator: | British Columbia |
Business e-mail address: | bill@hihoresources.com
| Short Form Prospectus Issuer: | No |
Telephone Number: | 604-641-1241 | Reporting Jurisdictions: | British Columbia, Alberta, Ontario |
Corporate Lawyer | Beadle Raven LLP | Stock Exchange: | Canada – CSE |
Date of Formation: | Apr 7 2005 | Stock Symbol: | HHS |
Jurisdiction Where Formed: | BC | Auditor: | Manning Elliott LLP |
Industry Classification: | junior natural resource – mining | Accountant: | Assent Advisory Partners |
CUSIP Number: | 428386 | Transfer Agent: | Computershare |
Financial Year-End: | Jul 31 | Size of Issuer (Assets): | Under $5,000,000 |
William (Bill) Jorgenson, Chairman, CEO & Director
Mr. Jorgenson has over 50 years experience in domestic and international business ventures. He is skilled in fiscal management, negotiating and business management. He spent many years in education, teaching at the high school level. Mr. Jorgenson has owned and successfully operated a wide variety of businesses including those in the resource, automotive and transport sectors. Mr. Jorgenson is a graduate of Washington University where he attended on an athletic scholarship.
Gary Jorgenson, President & Director
Mr. Jorgenson has over 25 years of management experience in the construction and mining sectors and has extensive experience in contract and labour negotiations. He has led major construction projects such as GCT Vanterm and Fraser Surrey container ports. Mr. Jorgenson has owned and operated several businesses in the restaurant, automotive and construction industries.
Steven Jorgenson, Vice President
Steven Jorgenson has over 25 years of diverse business experience. He is an innovative professional with experience as an entrepreneur, business owner and consultant, in addition to managing development, startup and construction projects. He has been recognized for his organizational talents and strategy development.
Dennis Jorgenson, Director
Dennis Jorgenson worked in the Stevedore industry for 32 years, the first 28 years for Canadian Stevedore. Dennis held various operation positions before moving into management. He was Vice President of operations for Casco Terminals Centerm Operations BCR Marine for 4 years.
Milan M. Gubash, Eng., Arch. Director
President of the corporation since April 19, 2017, and a consultant to the corporation since 2016; Mr. Gubash is a self-employed Consultant with over 45 years of experience in business. Mr. Gubash has been an Executive Officer and Director of many Canadian and international companies. He has extensive experience in business negotiations for Canadian companies in international market, especially in the mining and non-ferrous metals industry sectors. Mr. Gubash has a degree as an Engineer of Architecture and is fluent in five languages.
Stewart Jackson, PhD, P.Geo, Consulting Geologist
Dr. Stewart A. Jackson, is an accomplished mining professional with 50 years of experience in the exploration and development of mineral deposits and in the management of public companies. He has been involved in multiple mineral discoveries and evaluations.
Most recently he has been involved in the delineation of a major uranium, molybdenum, nickel and vanadium resource in Sweden on properties held by Continental Precious Minerals Inc.
Prior to that he was instrumental in the advancement of the Turnagain nickel sulphide deposit of northern British Columbia, Canada, held by Hard Creek Nickel Corporation.
While involved with his initial public company, Crown Resource Corporation in the 1980’s, multiple discoveries of gold were made in the Republic District of Washington State, USA. These continue to be produced by Kinross Gold Corporation.
In the 1970’s he recognized the potential of the enormous Red Dog zinc-lead deposits in western Alaska, and was instrumental in their exploration and development by Cominco American Incorporated (now Teck-Cominco). Red Dog today produces a substantial portion of the world production of zinc from this long-lived zinc resource field.
Subsequently, he was Exploration Manager for Houston Oil and Minerals Corporation during the discovery and development of the Manhattan, South McCoy and Borealis gold deposits of Nevada, USA.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |