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SBAM FINRA deleted symbol. Inactive Security.
https://otce.finra.org/otce/dailyList?viewType=Deletions
CALLING BAY CITY, MICHIGAN -- is anyone there ? -- IMHO --
BAY CITY WAKE UP this board with some news --
BAY CITY let's have some news ? ? ? --
This looks like it's heading toward .001 and below, IMO.
THIRTY CENTS high for year -- IMHO --
BAY CITY -- Let's run this pps up to 30 cents and get some attention ????? --- IMHO --
BAY CITY -- WAKE UP from your six months hibernation PLEASE ?? --
BAY CITY give us a run-down on negotations that have been in progress for many months --
Go up to Bay City and see what is going on ????
What's 100% of nothing -- NOTHING -- just fake pps -- IMHO --
Will this stock ever come back from the dead? What's the latest with Zebra?
THIS IS THE NEW SBAM -- 2007 -- going places -- IMHO --
More SBAM news
Simba Mines Pre-Feasibility Study Update
Wednesday December 7, 10:16 am ET
BAY CITY, MI--(MARKET WIRE)--Dec 7, 2005 -- Simba Mines Inc. (Other OTC:SBAM.PK - News), advises that good progress has been made on the pre-feasibility study currently being undertaken by leading engineering company Bateman Engineers (Bateman Advanced Technologies Ltd). Work conducted to date has been done in conjunction with West Australian based specialized testing laboratory IML Pty Ltd. Results from the IML test work program have been used by Bateman in confirming their conceptual design and engineering program in relation to Simba's Phase 1 copper heap leach project in Angola.
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Bateman is currently finalizing the design criteria and subsequently preliminary sizing of all major equipment items required for the project, which will initially be based on plant production capacity of 20,000 tpa of copper cathode (LME) for sale to the international market.
Bateman have also conducted and completed an in-country port logistics study, which will help to identify logistics associated with managing the import of heavy equipment during the construction phase and export of cathode during the production phase. In addition, a planned road survey from port to mine site by Bateman will be undertaken to the port of choice for the project.
Forward-Looking Statements
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management, as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Simba Mines Inc.'s. actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of commodity prices, product demand, market competition, and risks inherent in Simba Mines Inc.'s operations.
Contact:
Contact:
Simba Mines Inc.
http://www.simbamining.com
1 989 891 1274
Investor Relations
Greg Thaggard
Tel: 1 613 226 5211
--------------------------------------------------------------------------------
Source: Simba Mines Inc.
Simba Conducts Pre-Feasibility Study
Monday December 5, 8:00 am ET
BAY CITY, MI--(MARKET WIRE)--Dec 5, 2005 -- Simba Mines Inc. (Other OTC:SBAM.PK - News), advises that good progress is being made on the pre-feasibility study testwork program being conducted in Perth, Western Australia by specialized resource testing laboratory IML Pty Ltd.
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To date leach bottle roll testing on ground surface oxide material has been completed with high extraction of copper (greater than 80%) into solution being exhibited. The next phase of the testwork program involves identifying the optimum Heap Leach ore crush size.
Although the testwork program had earlier planned to conduct leaching on three size fractions, namely 25mm (1in.), 12mm (1/2in.) and 6mm (1/4in) early results from the optimization program indicate that due to sufficient leaching being exhibited by the two upper coarse fractions, Bateman in conjunction with Simba technical personnel have decided to not proceed with the 6mm (1in.) testwork. From this testwork it has been concluded that 12mm(1/2in) material will be used in the pre-feasibility study as the chosen crush size. All sizing of equipment will therefore be based on this design parameter.
Leach column testwork is now in the process of being conducted to further confirm vital financial parameters such as overall copper recovery.
About Simba
Simba holds through its subsidiaries, an 80% interest in the Cachoeiras de Binga licence in Angola, covering 3615 sq. km in Angola, through its wholly owned subsidiary Sociedade Mineira Simba Jamba LDA. Work to date has established a measured and inferred resource of 58.1 million tonnes at 2.14% copper, which is a contained copper resource of 1.3+ million tonnes. The sharing split is Simba 80% and Angolan nationals 20%.
Mining of the resources will be undertaken through conventional heap leaching plus solvent extraction electro mining SXEW to produce LME grade copper cathode.
Initial plant production capacity is planned to be 20,000 tonnes per annum (approximately 44 million lbs) with capital costs estimated at US $35 million. Following upgrading confirmation of the geological resource, it is anticipated that the plant capacity will be increased in Year 3 to 40,000 - 50,000 tonnes per annum (approximately 88 - 110 million lbs of copper). The mine is located near the coast with much infrastructure already in place.
Forward-Looking Statements
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management, as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Simba Mines Inc.'s. actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of commodity prices, product demand, market competition, and risks inherent in Simba Mines Inc.'s operations.
Contact:
Contact:
Simba Mines Inc.
http://www.simbamining.com
1 989 891 1274
Investor Relations
Greg Thaggard
Tel: 1 613 226 5211
Email Contact
--------------------------------------------------------------------------------
Copper prices soring ****READ READ****
UPDATE 2 - China copper trade woes send prices to new peaks
Friday 18 November 2005, 5:46am EST - By Clare Black
LONDON, Nov 18 (Reuters) - Copper prices hit a record high of $4,200 a tonne on Friday as investors gambled China cannot get enough metal to cover a trading position that might expose it to losses of $200 million.
Traders believe a looming December delivery deadline on contracts to supply between 150,000 and 200,000 tonnes of copper placed by a Chinese trader will be impossible to meet. The trader has since vanished.
"The Chinese have just added to the nervousness of a market that was already nervous. This market is flying on vapour now," Angus MacMillan, metals strategist with Bache Financial said.
Copper futures hit new all-time highs $4,200 a tonne in early trade. Prices are now up by 33 percent since the end of last year. Extreme volatility was expected to continue.
The short positions are believed to have been placed by Liu Qibing, who was supposed to have been trading on behalf of the State Reserves Bureau.
MISSING TRADER
Market players are keen to know Liu's whereabouts and there was some talk in the market that he would return to work next week. He is on staff at the State Regulation Centre of Supplies Reserve, which is a unit of the National Development and Reform Commission, the bureau's administrator.
Officials for the centre and the bureau have told Reuters that any short positions were made on his own authority, which has raised fears China will let the contracts default, leaving other traders facing huge losses.
Traders said Liu started to make bets as early as last year on a belief copper prices would fall. But the red metal soared to successive peaks as an ever wider array of investors scuffled to jump on the China demand bandwagon.
Market sources said the centre might have been aware of the short positions in April this year and may have given Liu six months to settle them. He has not contacted his business counterparts since early October.
It has not been disclosed just how much copper is at stake but the market bets could total more than twice what is held in the warehouses of the London Metal Exchange.
CHINA EXPORTS?
This week, traders said the bureau was seeking to export from China up to 200,000 tonnes of copper, which could be used to cover the short positions on the LME. Futures dealers in Shanghai said the retreat by copper on Friday indicated that investors believed the state body would export the copper.
But on the LME, the world's premier metals market with turnover in excess of $3 trillion, dealers remain to be convinced that China can supply the copper.
Industry sources said logistically it was unlikely that significant tonnages could be shipped from China in time to meet deadlines in December.
The LME does not release full details of contracts. The short position in question is widely thought to be falling due around a cluster of dates in December. Some of the contracts could be rolled forward, giving more time for delivery.
(Additional reporting by Polly Yam in Hong Kong)
http://today.reuters.com/business/newsarticle.aspx?type=tnBusinessNews&storyID=n HKG161807&im...
Simba Mines Completes Topographic Mapping
Sep 20, 2005 8:00:00 AM
BAY CITY, MI -- (MARKET WIRE) -- 09/20/05 -- Simba Mines Inc. (OTC: SBAM), advises that it has received the results of the "Soyuzkarta" topographic mapping contract which has been undertaken during the past three months.
The new map, at a scale of 1:25000 in digital and paper format will be used to upgrade the digital modeling of the Cachoeiras de Binga deposit, locate the geochemical and geophysical surveys planned for the next two months, and permit accurate location of the infill and exploration drilling program.
Commenting on the development, Dr. Michael Smith FIMM,C. Eng. consultant to Simba said, "This is a major step forward in recording and presenting the data for the work program and will accelerate the progress towards a working mine."
About Simba
Simba holds through its subsidiaries, an 80% interest in the Cachoeiras de Binga licence covering 3615 sq. km in Angola, through its wholly owned subsidiary Sociedade Mineira Simba Jamba LDA. Work to date has established a measured and inferred resource of 58.1 million tonnes at 2.14% copper which is a contained copper resource of 1.3+ million tonnes. The sharing split is Simba 80% and Angolan nationals 20%.
Mining of the resources will be undertaken through conventional heap leaching plus solvent extraction electro mining SXEW to produce LME grade copper cathode.
Initial plant production capacity is planned to be 20,000 tonnes per annum (approximately 44 million lbs) with capital costs estimated at US $35 million. Following upgrading confirmation of the geological resource, it is anticipated that the plant capacity will be increased in Year 3 to 40,000 - 50,000 tonnes per annum (approximately 88 - 110 million lbs of copper). The mine is located near the coast with much infrastructure already in place.
Forward-Looking Statements
The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995. While the Company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management, as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Simba Mines Inc.'s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of commodity prices, product demand, market competition, and risks inherent in Simba Mines Inc.'s operations.
Contact:
Simba Mines Inc.
www.simbamining.com
1 989-891-1274
Investor Relations
Greg Thaggard
Tel: 1 613-226-5211
OT/Bullrporter...I PM'd you but got no response so I'll try a public message. I want to do some work on the IDWS board header so I'd like to either take over as moderator or at least be the asst so I can get that board set up.
Please RSVP asap. THX
Copper prices rising this stock should come into favor soon!
Simba Mines Inc. has F removed
BAY CITY, MI - (PRIMEZONE) - August 31, 2005 - Simba Mines Inc. (OTC: SBAMF.PK) - Simba Mines Inc. advises that in accordance with the resolution of shareholders at the Special Meeting held on July 29 2005, the domicile of Simba has now transferred from Canada to the USA.
Approval has been given for the removal of the F from Simba's trading symbol effective September 1 2005.
About Simba
Simba holds through its subsidiaries, an 80% interest in the Cachoeiras de Binga licence in Angola, covering 3615 sq. km in Angola, through its wholly owned subsidiary Sociedade Mineira Simba Jamba LDA. Work to date has established a measured and inferred resource of 58.1 million tonnes at 2.14% copper which is a contained copper resource of 1.3+ million tonnes. The sharing split is Simba 80% and Angolan nationals 20%.
Mining of the resources will be undertaken through conventional heap leaching plus solvent extraction electro mining SXEW to produce LME grade copper cathode.
Initial plant production capacity is planned to be 20,000 tonnes per annum (approximately 44 million lbs) with capital costs estimated at US $35 million. Following upgrading confirmation of the geological resource, it is anticipated that the plant capacity will be increased in Year 3 to 40,000 - 50,000 tonnes per annum (approximately 88 - 110 million lbs of copper). The mine is located near the coast with much infrastructure already in place.
Forward-Looking Statements
The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management, as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Simba Mining Inc. actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of commodity prices, product demand, market competition, and risks inherent in Simba Mining Inc. operations.
--------------------------------------------------------------------------------
Contact:
Simba Mining Inc.
Tel: 1-989-891-1274
www.simbajamba.com
Investor Relations:
Skyline Communications
Tel: 1-613-226-5211
Attn: Greg Thaggard
www.skylinecommunicationsinc.com
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