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.
www.hhsr.ca is a place to start. It will give you how to contact,like a mailing address or email info@hhsr.ca and you can take it from there.
g.p.
buying the PP if you have the contacts to get it is a great idea-time value of 24 month 2 year warrants is huge.
the upside is still here....market on the stock is a little slow but the PPS will start a new climb very soon
At near equal price, I think you're doing the right thing:
-Money for the company;
-Getting warrants that are very attractice.
Good for you!
g.p.
I am going to pick some up in the PP.......German buying should start again soon........
not surprising at all, most issues trade down to the PP until it closes-if this is oversubscribed it will force buying into the open market
$1.75 on the CNQ. Expected as Frankfurt dropped too.
I don't think the PP has an effect; more the waiting for the next NR... (Anyone here on the PP?)
g.p.
thin thin thin, a little buying after this deal closes will push this much higher.
U r hearing the same as me......big things coming for HIHO..........
The Private Placement will likely be open for two more weeks. Maybe even small investors (like me) could participate.
I think the price is right and those warrants at $2 good for two years are a bonus.
Expecting some news soon.
g.p.
.16 away from a 52 week high
DD away bud......big profits here I think........MOLY is super hot
yuppp..I heard great things on HIHO. I gotta DD the stock more..
Eric my man.......MOLY is ready to roll even higher.....HIHO is a great play for those who like the upside
Interesting read on Molybdenum
MOLYBDENUM
Pipe Dreams or Reality
Ken Reser
Feb. 24/06
Pipe dreams? A pipe dream is exactly what the majority of the hoard of junior mining companies are chasing if they believe they have the next world class "Primary" Molybdenum mine. Like being late at the bunkhouse dinner table, the first to arrive get seated and fed steak and the latecomers get cold beans and crackers. Worldwide Oil & Gas Pipelines on the other hand are not pipe dreams and are going to have a very important impact on the one or two Moly juniors that do become world class mines in the next two years. After having just finished an editorial on Molybdenum about four weeks ago, and not intending to write about Moly again so soon, I found a newswire headline capturing my attention and soon had numbers running across my calculator that were so mind numbing that I had to redo the calculations 4 or 5 times to be sure of what I was doing and seeing.
"Alaska Pipeline" 3600 miles of 52 inch dia, thick walled, high pressure pipe. 10,000,000,000 lbs or more of pipeline Steel. (5 to 6 Million T of Steel needed in all, for the entire pipeline) If the billions number doesn't get your attention it sure got mine after I turned tons into pounds. Not yet knowing the exact specifications called for on this project I used the old rule of thumb for high pressure gas pipelines whereby 0.5% Mo content has been utilized. Here is how it all started and led to this short Molybdenum report update:
Alaska, Energy Firms Agree On Pipeline
By MarketWatch
Last Update: 11:47 PM ET Feb 21, 2006
SAN FRANCISCO (MarketWatch) -- .Alaska has reached a tentative agreement with three of the world's largest energy companies to build a new pipeline to transport natural gas from the North Slope to the lower 48 states, Gov, Frank Murkowski's office said Tuesday. The agreement with the North Slope's major oil and natural gas operators - BP Plc (BP : was announced Tuesday by Murkowski, who brokered the deal).
When the pipeline is completed, no earlier than 2012, it could transport 4.5 billion cubic feet per day from the North Slope primarily to Chicago for distribution throughout the United States, The Wall Street Journal reported in its online edition. See Wall Street Journal story (subscription required) The agreement hinges on a massive engineering project - building a 52-inch-diameter pipeline from several hundred miles above the Arctic Circle to the U.S. heartland - and the Alaska Legislature accepting both the deal and Murkowski's proposed changes in the state's oil production tax structure.
The pipeline was estimated in 2001 to cost at least $20 billion, but steel prices have risen dramatically since then, and no steel company currently makes a 52-inch pipe, The Journal said. BP, Exxon Mobil and ConocoPhillips have storing natural gas extracted from oil wells while they've waited for a pipeline and financial terms acceptable to the oil giants.
An Alaskan state agency filed an antitrust suit against BP and Exxon last year, claiming the companies were conspiring to withhold gas from U.S. markets by not building a pipeline. The federal government has estimated there may be 100 trillion cubic feet of gas, equal to U.S. demand for five years, in North Slope fields, The Journal said.
Murkowski's office reported on the state's Web site that the governor's proposed tax system would be based on a percentage of the net profit, or revenues minus capital and operating expenditures. Under the system, the producers will pay a 20% tax rate and receive a 20% tradable tax credit, Murkowski's office said.
Tax revenues would be lower when initial large capital investments are made and, consequently, higher as the production increases, according to the governor's office. (end)
Subsequent to reading and absorbing this news release I started thinking about the vast amounts of Molybdenum that would have to be used in alloying these billions of pounds of steel, adding the necessary strength and anti corrosive qualities that all Oil and Gas pipelines must have, especially in high pressure lines such as this 52 inch diameter behemoth. The impact on the Moly market of just this one massive pipeline I realized would be huge. Now consider that the average low pressure crude or refined oil line uses from 0.2 to 0.3 percent Mo in the alloying of the steel for the pipe. From what I can ascertain so far from the pipe and metallurgical people I've spoken with, this line will invariably use 0.5 percent Mo due to extreme pressure (2500 psi) from 24 pumping stations and approximately 1.2 to 1.4 Million horsepower needed to push the product from Alaska to the Chicago hub. Then it was back to the calculator because at first, 0.5 % Mo did not sound like one should get overly excited, even if you are involved in the Molybdenum market. "Wrong" This percentage may not mean alot if we were dealing with a couple hundred miles of pipeline, or even a million pounds of steel. When it came to ascertaining what it translated into in terms of 10 Billion pounds of steel it is extremely exciting. At 0.5 % Mo content, the huge quantity of pipeline steel to be smelted and formed would use approximately 50,000,000 pounds of Molybdenum.
Pipeline Update with stats and maps etc.
www.arcticgaspipeline.com/Reference/Documents&Presentations/ ProducerInformation/5-02AlaskaProducerUpdate.ppt
50 M lb of Mo represents as much Moly as some primary Molybdenum mines like Endako or the near future Adanac Moly, Ruby Creek project can and will produce over the course of 4 or 5 years. This will undoubtedly be one of the largest private construction projects that North America has ever seen and it will invariably require Steel and or Pipe fabrication from other parts of the world. Possibly even some of the needed Molybdenum may also come from abroad, as much of future North American Moly production is already forward sold and contractually spoken for by various traders and end users in world markets.
Now for the grand finale in the reality of this Pipeline of dreams. It is also noteworthy (as I had already researched this recently), that there are planned and on the drawing boards or in construction for 2006 over 81,000 miles of Oil and Gas pipelines worldwide. Granted most of them will only use 0.2 or 0.3 % Molybdenum alloy, BUT, that is still one phenomenal amount of Molybdenum and I really have to wonder why I often read how various pundits and analysts tell us that Molybdenum demand is about to tumble. To that end all I can simply advise, is do some more homework, it isn't going to happen anytime soon, especially when you take into account all the other uses like the Catalyst market for Crude refineries, as well as NG, CTL, & GTL plants and all else I have addressed in my previous editorials. We can't all be right all of the time and especially myself personally, but there's a lot of misguided writers and accredited analysts in the metals markets and most give little to no coverage of Moly in their prognostications and eventually they and their followers will find they have missed the action and financial rewards in a big way.
Here's a little proof of the world pipeline stats for you:
Publication: Pipeline & Gas Journal
Publication Date: 01-JAN-06
Format: Online - approximately 3114 words
Delivery: Immediate Online Access
Author: Tubb, Rita
Article Excerpt
The pipeline industry, a truly international business, is gaining more importance as natural gas markets expand globally. These trends are strongly reflected in P&GJ's 2006 Worldwide Pipeline Construction Survey which shows 81,593 miles of new and planned oil and gas pipelines are either under construction or planned.
Entire Article can be read here for free.
www.redorbit.com/news/science/375227/pgjs_worldwide_pipeline_construction_ preview/index.html?source=r_science
This relationship between pipelines and Molybdenum has not gone unnoticed by everyone either, lest I mislead you with my distrust of many analysts reports. From North of 60 Mining News. Apr /05
MINING NEWS: Natural Gas Pipelines Could Hold Promise For Molybdenum Miners
The multi-billion dollar plans for northern gas pipelines could generate some profitable spin-offs in the mining sector. The Arctic lines will create a heavy demand for molybdenum, which enables high-value steel alloys to withstand extreme temperatures and pressures.
Things aren't always as they seem, and as some often like to tell us, Molybdenum is an opaque and secretive market. Noone wants to let the goose that laid the golden egg out of its cage for all to see and yet it already is, judging by the hoard of junior mining companies chasing molybdenum plays. Whether or not you find me biased as I consult for one of them or not, I only know of one Primary Moly project in the running for production in late 2007 (that's why I accepted their offer for the Consulting job in the first place) and they are applying for mine permits in the next week or so and that is Adanac Moly Corp. with their Ruby Creek mine in Atlin BC. Their Final Bankable Feasibility is only a couple weeks away as well. My advice is "Don't miss the action ahead with Molybdenum over the next few years and definitely pay close attention to the rate and state of progress being made by Adanac". The opportunity to participate as a shareholder in a mine in the making comes along very seldom in most of our investing careers. The worldwide Oil & Gas boom and for lack of a better phrase the "Energy Bull Market" won't be going away anytime soon, and as I have outlined a few times in previous reports "every aspect of this long term energy scenario places large demands on Molybdenum".
My hat is off to the good fortune of the hard working men they call pipeliners. I've worked alongside many of them in the oil patch in my younger cat-skinner days and if anyone deserves this coming bonanza of many years of work and financial gain they do. Keep the pipelines rolling along, the Moly miners, Iron miners and Steel companies are ready for the years of good fortune ahead as well.
http://www.gold-eagle.com/editorials_05/reser022406.html
It looks like the Germans will take 3/4 of the PP.
Should be interesting to see how much will be taken in Germany. This PP could be for the 'big boys' only.
Will be watching for the close.
g.p.
the work will accelerate with the current financing
with 188 holes from the past owners it will not take much new data to do the 43-101 work needed I am sure.
U right there....... :)
Let the PP close first. Even though it is not a big dilution, with the warrants, it could bring up to 3M new shares, 4 months after closing. I'm confident that the new money will prove enough reserve to more than compensate for the slight dilution.
g.p.
We are going to see $3.00 CDN if the action in Germany continues.
This is a well-timed private placement. I'm sure it will be profitable to the ones participating. So far, HIHO doesn't mind if you're holding in-the-money warrants and dont exercice them. (Obviously, everyone will, by expiry date; warrants, here, are for 2 years.)
Watch who will participate.
Hey, both CNQ moly stocks are doing OK: RMKL and HIHO.
g.p.
nice close @ 2.00
HI HO Silver Resources Inc ("HI HO Silver" or the Company) wishes to announce a non-brokered Private Placement of up to 1,500,000 units at $1.75 per unit for a proposed total of up to $2,625,000. Each unit will consist of one common share of the company and on non-transferable share purchase warrant. For each warrant the holder is entitled to purchase one additional common share of the company at a p;rice of $2.00for a period of two years following closing. The private placement is subject to regulatory approval. Proceeds of the Private Placement will be used for ongoing exploration expenditures on the Carmi Moly Project, B.C., and to fund additional spring/summer exploration programs on HI HO Silver's three other properties. In addition other projects will be looked at and evaluated as possible joint ventures of acquisitions in the future. Some funds will go to general working capital.
This is great news. The company now has the funds to move forward. I can't wait to see what they come up with.
Cheers.
427,000 in volume in Germany......nice...........
looks like we have profits around the corner........
Yeah, saw that earlier, dec., looks like we'll be back inthe $2+ range. I'm still watching SLI and MLY, both with possible influence on HIHO...
g.p.
1.34 Euro in Germany this morning .......on 279,296 shares
If you would like to see a nice full report on HIHO Silver (listed on the CNQ) please
take a quick look at this informative dodument that was written up by eReshearch on the
14 of April. http://www.eresearch.ca/_report/HIHO_041007.pdf
can u post the holding brother
Yep!
Sprott Moly Fund is progressing. MLY listed its 10 major holdings. Of course, we're not there,but with a fund like that, moly price should remain good and in time, who knows?
g.p.
Up is good....... :)....even a little........
Not THAT up,dec. Should be enough to maintain around $2CDN.
g.p.
up in europe today.......the climb resumes.........
2.05X 2.10 @ the close
Over 800,000 shares traded in Germany.....wow !!
APRIL 11, 2007 - 08:30 ET
eResearch Issues Initiating Report on Hi Ho Silver Resources Inc.
TORONTO, ONTARIO--(CCNMatthews - April 11, 2007) - eResearch analysts, Nigel Heath, BBM (Accounting/Finance), CFA and Bob Weir, B.Sc., B.Comm., CFA, have written an Initiating Report on Hi Ho Silver Resources Inc. (CNQ:HIHO). Hi Ho Silver Resources is an early-stage junior mineral exploration and development company, focused on molybdenum exploration and, to a lesser extent, copper and gold. The Company has an option to acquire up to a 70% interest in the Kettle River Project, which is located in the Okanagan Highlands of south-central British Columbia. The historic resource estimate (not compliant with NI 43-101) was 20.7 million tonnes at 0.064% molybdenum.
The report's Highlights state the following:
- Strong world-wide demand for molybdenum, which is expected to continue
- Update of historic resource to NI 43-101 standards is expected by late 2007.
- Drill results at the Company's principal property, Kettle River, due shortly
- Discovery of rare and valuable rhenium provides added bonus
- Company not well known to the investing public
- Continued funding is required for planned capex program
- Thin management team at this relatively young company (IPO in August 2006)
eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies. Our research and analysis is of institutional quality, and has the potential of reaching millions of global investors through our extensive Internet distribution network. eResearch does not trade in the securities of the companies it covers, nor does it accept any stock related compensation for research services. eResearch does not engage in retail or institutional sales, trading, or corporate finance activities, nor does it conduct investment banking or investor relations services for the companies covered. Our sole business is providing quality, unbiased research.
Hi Ho Silver Resources Inc. paid eResearch a fee of C$18,500 + GST to conduct research on the Company, on an Annual Continuous Coverage basis.
Amazing .........2 bad there are so few IHUBers in the stock..........
You ain't seen nothin' yet!
Now trading at 1.44 to 1.45 euros in Frankfurt.
That's $2.15CDN in my books.
g.p.
what a day today.......... 2.00 is so close..........
1.90....very nice
Thinly traded here but we got $1.90on 2K ask is very thin too up to the$2.10-$2.15 range.
See how MLY does as well, as we, in time,may interest them.
g.p.
1.83 X 1.90 Last @ 1.83 ....new 52 week high
Up in Germany again.....we should see a new 52 week high again
Very nice, congrats.......
We're far from being tied to MLY (Sprott Moly Fund) but just the existance of MLY is already felt. BLE is an example.
Remember the close ties between HIHO and SLI (St.Elias Mines.)
Today, SLI gained over 30%. to watch. (DD as I also have shares of SLI,as of yesterday.)
g.p.
1.75 close.......52 week high
Followers
|
7
|
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: |