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trying to get my head around the idea that half the wave's hieght is underwater....never considered that. I guess that is where the destructive weight comes from
Enough lowman, you were removed as moderator because you did not own the stock and kept bashing it with every post...not exactly an ethical position. Congrats on HMGP and unlike you I hope for the best on both. I don't want to delete your posts but you have been warned before. To say TRSI has done anything right I tend to agree, but its a turn around project and those take time. Maybe it will work, maybe not, but to constantly say you were lied to a year ago is only relevant to you. Don't know the circumstances, but sensing your attitude, can't blame him for not disclosing everything to you. Like I say I don't know what he said to you and don't care at this point, but how about finding more positive picks like your CTUM, DPDN, HMGP and give us a break. We already know how you feel.............
ACCA 10k filed with usual warnings for startups
DID YOU KNOW??? April 1st is just around the corner. Ever wonder where the term "April Fools" comes from? Before the Gregorian Calender was introduced, April was the first month of the new year (Notice that "Aries" is the first astrological sign in the horoscope--april). When the Gregorian Calender was introduced, many people opposed the changing of the New Year and kept celebrating April 1st as the New year instead of January 1st. As time went by they started getting called "April Fools".
more news
Enterayon Announces Recent Transactions
Friday March 30, 8:00 am ET
SKIPPACK, PA--(MARKET WIRE)--Mar 30, 2007 -- Enterayon, Inc. (Other OTC:ETYN.PK - News) announced today that it has sold its 100% interest in five mineral claims near Stewart in northwestern British Columbia, Canada.
ADVERTISEMENT
The properties sold were the Bayview, Gold Cliff, Portland Canal, Hard Money, and Ruby Tuesday claims, which combined cover 847 acres due north of Stewart, BC. The total sale price was $35,000 CDN.
According to CEO Perry Leopold, "We are now nearing the completion of Phase I of our business plan, which was to aggressively acquire high-quality mineral and placer claims through the use of MTO and GPS technology. I am pleased to report that with the transaction we have announced today, the company is now cash flow positive in its staking activities. We are now entering Phase II of our business plan, which is to consolidate and begin development of the best of the properties recently acquired, and to sell, exchange, or release the remainder. We will of course continue to acquire new properties when the opportunity presents itself, but that is no longer our highest priority."
In a separate transaction, the company has acquired additional claims adjacent to the company's Willa property. The claims consist of 102 acres covering the northeast quadrant of the property, thereby increasing the company's Willa ownership to 20%. In exchange, the company transferred title to its 1160 acre Lucky Boy claim near Trout Lake, BC.
The Willa Property is a gold-copper-silver deposit located in the Slocan Valley near the village of Silverton in southeastern British Columbia. It has had approximately $16 million dollars (CDN) spent to develop it to its present status, which includes an extensive underground network of workings to access the mineralization.
The Willa Property's total mineral resource estimate within the measured, indicated, and inferred categories, as specified by National Instrument 43-101 and based on a 1.5-gram gold per tonne cutoff, is reported as 3,989,494 tonnes grading 3.23 grams gold, 7.16 grams silver, and 0.53% copper. This equates to a total resource of 414,343 ounces of gold, 918,482 ounces of silver, and 46,602,077 pounds of copper. These estimates are based upon a database including data from 556 core holes totaling 50,890 metres, 2,570 metres of underground workings and 17,150 laboratory analyses for gold, silver, and copper.
About Enterayon, Inc.
Enterayon, Inc. engages in the exploration, acquisition, development, and mining of precious metal and other mineral properties. By combining state-of-the-art technology with traditional acquisition targeting, the company's mission is to build a portfolio of viable mining prospects throughout the world and develop them to their full economic potential.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as am
me too, me too, me too
Paramount Gold Drills 569 g/t Silver Across 3.0 meters and 184 g/t Silver Across 61.90 meters, Ending in Mineralization of 438 g/t Silver at their San Miguel Project, Mexico
Wednesday March 28, 8:00 am ET
CHIHUAHUA, Mexico--(BUSINESS WIRE)--Paramount Gold Mining Corp. (OTC: PGDP - News; Frankfurt: P6G, WKN: A0HGKQ), is pleased to announce the most recently reported assays from its ongoing drill program at the San Miguel Project near Temoris, Chihuahua, Mexico. The following results are six in-fill drill holes completed in the San Antonio area, between drill holes SA-10 (10.7 meters of 296 g/t silver) reported on Jan. 30th, 2007 and SA-01 (44.85 meters averaging 133.4 g/t silver) reported Dec. 14th, 2006. These six drill holes span a distance along strike of approximately 360 meters.
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Drill hole SA-19 had numerous high grade intersects of silver, including 1.75 meters of 1,294 g/t silver and 4.40 meters of 1,162 g/t silver. SA-19 intersected 61.9 meters that averaged 184 g/t silver with 0.41% combined lead and zinc from 25.0 to 86.9 meters. The hole ended in strong mineralization at 89.10 meters with a 0.90 meter intersect from 88.20 to 89.10 meters of 438 g/t silver with 2.36% combined lead/zinc. SA-19 was drilled at a 55 degree angle, and with most drill holes being drilled at 55 to 65 degrees, true widths are estimated to be 80% of reported drill core lengths.
SA-17 intersected 4.3 meters (45.0 to 49.3) of 218 g/t silver and 7.0 meters (57.0 to 64.0) of 253 g/t silver. The best intersect for SA-16 was 3.0 meters (59.5 to 62.5) of 569 g/t silver.
Bill Reed, Exploration Manager for Mexico said, "The recent results in the San Antonio zone fill in some of our previous wide spaced drill holes. Not only does it potentially expand our silver resource, but it also gives us more confidence in the continuity of this zone. The mineralized zone appears to widen out in the San Antonio area as witnessed by drill hole SA-19 that intersected 61.9 meters of strong silver mineralization and the hole was still in strong mineralization when it ended."
San Antonio zone Highlights (see the drill table below)
SA-15 cut 2.30 meters from 25.3 to 27.6 of 196 g/t silver with 1.18%
combined lead/zinc and
0.80 meters from 106.7 to 107.5 of 199 g/t silver with 1.71% combined
lead/zinc
SA-16 averaged 12.9 meters from 49.6 to 62.5 of 172 g/t silver
including 0.8 meters from 49.6 to 50.4 of 362 g/t silver
including 3.0 meters from 59.5 to 62.5 of 569 g/t silver.
SA-17 averaged 19.0 meters from 45.0 to 64.0 of 156 g/t silver
including 4.3 meters from 45.0 to 49.3 of 218 g/t silver
including 7.0 meters from 57.0 to 64.0 of 253 g/t silver.
SA-19 averaged 61.9 meters from 25.0 to 86.9 of 184 g/t silver with
0.41% combined lead/zinc
including 1.75 meters from 37.0 to 38.75 of 1,294 g/t silver
including 1.80 meters from 57.0 to 58.8 of 287 g/t silver.
including 6.50 meters from 76.0 to 82.5 of 172 g/t silver
including 4.40 meters from 82.5 to 86.9 of 1,162 g/t silver.
The hole ended in strong mineralization at 89.10 meters with a 0.90 meter intersect from 88.20 to 89.10 meters of 438 g/t silver with 2.36% combined lead/zinc
Drill Hole Locations
A drill hole and trench location map can be found at Paramount's web site www.paramountgold.com.
SA-19 is located approximately 50 meters to the south of SA-10 which reported 51.6 meters that averaged 78 g/t silver with 0.57% combined lead and zinc from 11.3 to 62.9 meters, including 8.25 meters of 683 g/t silver, 16.70 meters of 129.0 g/t silver and 8.4 meters of 137 g/t silver with 1.19% combined lead and zinc.
SA-16, SA-17 and SA-18 were collared from the same location, between previous drill holes SA-11 (5.4 meters of 217 g/t silver) and SA-13 (10.7 meters of 296 g/t silver) and approximately 180 meters south of SA-19. SA-16 was drilled vertical (90 degrees), SA-17 was drilled towards the east (60 degrees) at a 55 degree angle and SA-18 was drilled towards the southwest (240 degrees) at a 55 degree angle.
SA-14 is located approximately 60 meters east of SA-01 (44.85 meters averaging 133.4 g/t silver) and SA-15 is located approximately 50 meters north of SA-14.
Quality Control Person
Paramount takes detail photos of the entire core before it is cut to half core which is assayed at ALS Chemex's Vancouver laboratory. As part of quality assurance, quality control (QAQC), a blank (sterile) sample is submitted every 20th sample. Later, pulps from a number of intervals will be renumbered and pulps from known standards will be inserted between them in numerical order. These will then be submitted for reanalysis. The results will then be compared to the original values reported, and the known values of the inserted standards. Half-core samples have been retained on site for verification and reference purposes.
C.W. (Bill) Reed, B. Sc. Mineralogy, is the qualified person and has prepared the detail and review with respect to this news release.
Drill hole From To Width Gold Silver Gold Lead Zinc
Meters Meters Meters g/t g/t Equiv % %
----------------------------------------------------------------------
SA - 14 0.00 7.40 7.40 0.03 19.00 0.34 0.01 0.09
------------------------------------------------------------
44.80 49.05 4.25 0.00 19.00 0.31 0.12 0.32
------------------------------------------------------------
191.05 194.10 3.05 0.00 4.00 0.06 0.92 0.45
------------------------------------------------------------
199.10 201.10 2.00 0.00 5.00 0.08 0.31 0.59
------------------------------------------------------------
208.90 210.00 1.10 0.00 41.00 0.68 0.42 0.65
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 15 20.40 25.30 4.90 0.00 29.00 0.48 0.07 0.33
------------------------------------------------------------
25.30 27.60 2.30 0.04 196.00 3.97 0.49 0.69
------------------------------------------------------------
29.10 30.75 1.65 0.00 115.00 1.92 0.45 1.21
------------------------------------------------------------
32.30 34.80 2.50 0.00 28.00 0.47 0.11 0.29
------------------------------------------------------------
82.00 84.80 2.80 0.00 33.00 0.54 0.15 0.39
------------------------------------------------------------
99.00 101.00 2.00 0.00 112.00 1.86 0.07 0.13
------------------------------------------------------------
101.00 104.70 3.70 0.00 27.00 0.44 0.46 0.21
------------------------------------------------------------
106.70 107.50 0.80 0.00 199.00 3.32 0.53 1.18
------------------------------------------------------------
107.50 112.50 5.00 0.00 20.00 0.32 0.14 0.27
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 16 0.00 14.35 14.35 0.00 24.00 0.40 0.02 0.27
------------------------------------------------------------
27.45 28.50 1.05 0.00 90.00 1.50 0.03 0.11
------------------------------------------------------------
49.60 50.40 0.80 0.00 362.00 6.03 0.10 0.13
------------------------------------------------------------
50.40 59.50 9.10 0.00 25.00 0.42 0.02 0.12
------------------------------------------------------------
59.50 62.50 3.00 0.00 569.00 .9.49 0.04 0.10
------------------------------------------------------------
62.50 68.00 5.50 0.00 39.00 0.64 0.02 0.09
------------------------------------------------------------
90.00 90.85 0.85 0.00 71.00 1.18 0.10 0.31
------------------------------------------------------------
108.80 112.15 3.35 0.00 8.00 0.13 0.26 0.82
------------------------------------------------------------
182.60 183.20 0.00 0.00 71.00 1.18 0.72 1.93
----------------------------------------------------------------------
Average 49.60 62.50 12.90 0.00 172.00 2.87 0.03 0.12
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 17 0.00 6.00 6.00 0.00 46.00 0.76 0.05 0.26
------------------------------------------------------------
6.00 23.50 17.50 0.00 13.00 0.21 0.03 0.24
------------------------------------------------------------
23.50 29.00 5.50 0.00 46.00 0.77 0.02 0.18
------------------------------------------------------------
37.50 39.50 2.00 0.00 73.00 1.22 0.05 0.18
------------------------------------------------------------
45.00 49.30 4.30 0.00 218.00 3.64 0.08 0.16
------------------------------------------------------------
49.30 57.00 7.70 0.00 32.00 0.53 0.06 0.18
------------------------------------------------------------
57.00 64.00 7.00 0.00 253.00 4.22 0.23 0.24
------------------------------------------------------------
64.00 66.70 2.70 0.00 44.00 0.74 0.19 0.18
------------------------------------------------------------
95.90 105.00 9.10 0.00 33.00 0.55 0.19 0.47
------------------------------------------------------------
105.00 108.80 3.80 0.00 106.00 1.17 0.33 0.90
------------------------------------------------------------
108.80 128.80 20.00 0.00 33.00 0.56 0.22 0.60
------------------------------------------------------------
------------------------------------------------------------
Average 45.00 64.00 19.00 0.00 156.00 2.59 0.13 0.20
------------------------------------------------------------
Average 95.90 128.80 32.90 0.00 41.00 0.69 0.22 0.60
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 18 37.50 38.70 1.20 0.00 92.00 1.53 0.09 0.25
------------------------------------------------------------
42.00 43.00 1.00 0.00 46.00 0.77 0.03 0.23
------------------------------------------------------------
53.25 54.05 0.80 0.00 66.00 1.10 0.04 0.10
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 19 0.00 21.00 21.00 0.00 52.00 0.87 0.05 0.14
------------------------------------------------------------
25.00 28.00 3.00 0.00 199.00 3.31 0.20 0.31
------------------------------------------------------------
28.00 37.00 9.00 0.00 25.00 0.42 0.05 0.12
------------------------------------------------------------
37.00 38.75 1.75 0.00 1294.00 21.57 0.61 0.44
------------------------------------------------------------
38.75 57.00 18.25 0.01 78.00 1.30 0.19 0.43
------------------------------------------------------------
57.00 58.80 1.80 0.00 287.00 4.78 1.33 0.62
------------------------------------------------------------
61.25 61.60 0.35 0.00 347.00 5.78 0.70 0.59
------------------------------------------------------------
76.00 82.50 6.50 0.00 172.00 2.87 0.21 0.38
------------------------------------------------------------
82.50 86.90 4.40 0.05 1162.00 19.37 0.12 0.25
------------------------------------------------------------
86.90 88.20 1.30 pending pending
------------------------------------------------------------
88.20 89.10 0.90 0.00 438.00 7.30 1.06 1.30
------------------------------------------------------------
------------------------------------------------------------
Average 37.00 61.60 24.60 0.00 176.00 2.93 0.29 0.40
------------------------------------------------------------
Average 76.00 86.90 10.90 0.02 572.00 9.53 0.18 0.33
----------------------------------------------------------------------
Average 25.00 86.90 61.90 0.00 184.00 3.06 0.16 0.25
------------------------------------------------------------
About San Miguel
San Miguel is currently comprised of 16 concessions covering an estimated +8 kms strike of silver and gold mineralization. It is located in Chihuahua, Mexico and lies in the Guazapares mining district, part of the gold-silver belt of the Sierra Madre Occidental. Paramount signed an agreement in August 2005 with Amermin S.A. de CV, a subsidiary of Tara Gold Resources, and has earned a 70% interest in the San Miguel project.
About Paramount Gold
Paramount Gold is a precious metals exploration company quoted on the OTCBB under the symbol PGDP and listed on the Frankfurt Stock Exchange under the symbol P6G (WKN: A0HGKQ). The Company's objectives are to explore and develop the San Miguel project, located in Chihuahua, Mexico within the Sierra Madre Occidental gold/silver belt and fully develop the potential of the strategic alliance with Teck Cominco for gold exploration in South America. For more information, please visit the Company's web site at: www.paramountgold.com (now available in the following languages: English, German, French, Spanish, and Mandarin).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but
wondering the same thing
I thought of you Pat
Posted by: Telephonics
In reply to: None Date:3/24/2007 9:42:51 PM
Post #of 7273
Wouldn't it be nice if when we screw it up we could just hit alt-ctrl-delete and start over with a clean slate??
I like Rich's style. He is always calming when I speak with him. His candor is refreshing in that he doesn't hype or sugar coat situations. Always on an even keel. I am sure these filings have him wanting to pull his hair out, but he doesn't allow it to affect his shareholder communications and the vision for TRGD.
I have bought 2 stocks prematurely on hype from the boards and after finally getting in touch with the CEO decided they were in over their heads and wound up selling. It is so important to me to establish a relationship with my larger positions. Sometimes it's not possible, but when I can, I do develop contacts in the company.
I had stock in TRGD already when I read that TRGD was going to do a private offering and I got to thinking that it should be offered to original investors if it was a 50% off sale, so I just called and pretty much said that and got in before closing. I am fortunate it has been working out, but it was a gamble. Remember it had no respect after AMRS, but I had talked with Richard several times, feel very comfortable about his vision, and felt it was worth a shot. Isn't that pretty much how you got shares in Tara Minerals? You saw a nice opportunity, had talked to Richard several times and called and asked about it. Too many investors in small caps never talk to the CEO. By never contacting companies you may be missing something good or maybe its just a lot of BS. I guess it comes down to your gut feelings and your tolerance for anxiety or outright pain! The other side of calling and speaking with the CEO is after talking with him, your gut says SELL, at least for me.
When doing a PP with a micro or small cap company, they have to be current with their filings when you go to exchange shares. Could be that you buy into one that is currently reporting and then they fail to keep up to date or get delisted or just decide its not worth the expense of Sarbanes Oxley to file anymore, and then you will be lucky if you can get out OK with a profit. What if you hold it for a year and during that time they dilute, dilute, dilute. Your shares may be worth less after a year. Or worst case, they could fail totally and go bankrupt. Like I said its a gamble.
One I followed up and down was EYTC that sold some that were supposed to have been paid last Nov at $2.75 that are now totally worthless. I did not participate and it turned out to be pretty much of a ponzi scheme.
There has been some discussion on the private placements. I participated in both TRGD and Tara Minerals. These non-trading or restricted shares have to be held for 1 year on companies that are current on filings. If a company is not current you have to hold until they are current, or for 2 years, whichever comes first. I bought in Nov 2005. The filings are not yet current so those holding 1 year restricted stock certificates still cannot exchange their shares until they are current. I am going on 14 months and if it reaches 24 months they are automaticlly converted (you can ask for special dispensation, but very time consuming and expensive). I was not aware of the filings stipulation, but it has forced me to hold for the big return. I had a lot of free trading shares and have unfortunately sold too many for too low a return, but still very profitable. When I saw it go from .26 to .48 and then retrace back to .30 I would sell some as in the early days it was a little respected pink stock. There have been many such legs and retracements that have gotten me to sell some, thinking I would buy back in, but that is what makes the market. The resticted shares are still there and I am very glad I couldn't sell, but also the very fact that I have those shares as a good nest egg, it allowed me to diversify, unfortunately some in some real POS. There are only about 2 million shares from that TRGD PP. I did a very small amount for Tara Minerals (10K).
As to TRGD shareholders getting a divy, I doubt it. Remember, TRGD has 80% of Tara Minerals, and if it grows, value will be reflected in TRGD.
Just thought I would explain how PPs in pinks work in case someone is thinking about entering into a PP.
Mark
>Into a Belfast pub comes Paddy Murphy,
>looking like he'd just been run over by a train
>His arm is in a sling, his nose is broken,
>his face is cut and bruised and he's walking with a limp
>"What happened to you?" asks Sean, the bartender.
>" Jamie O'Conner and me had a fight," says Paddy.
>"That little snit, O'Conner," says Sean,
>"he must have had something in his hand."
>"That he did," says Paddy, "a shovel is what he had,
>and a terrible lickin' he gave me with it."
>"Well," says Sean, "you should have defended yourself,
>didn't you have something in your hand?"
>That I did," said Paddy.
>"Mrs. O'Conner's breast, and a thing of
>beauty it was, but useless in a fight."
>
>************************************************************************
>******
>An Irishman who had a little too much to drink
>is driving home from the city one night and,
>of course, his car is weaving violently all over the road.
>
>A cop pulls him over.
>"So," says the cop to the driver,
>where have ya been?"
>"Why, I've been to the pub of course,"
>slurs the drunk.
>"Well," says the cop, "it looks like you've had quite
>a few to drink this evening."
>"I did all right," the drunk says with a smile.
>"Did you know," says the cop, standing straight and
>folding his arms across his chest,
>"that a few intersections back, your wife fell out of your car?"
>"Oh, thank heavens," sighs the drunk.
>"For a minute there, I thought I'd gone deaf."
>************************************************************************
>***********
>Brenda O'Malley is home making dinner, as usual,
>when Tim Finnegan arrives at her door.
>"Brenda, may I come in?" he asks.
>"I've somethin' to tell ya"..
>"Of course you can come in, you're always welcome, Tim.
>But where's my husband?"
>"That's what I'm here to be telling ya, Brenda."
>There was an accident down at the Guinness brewery..."
>"Oh, God no!" cries Brenda. "Please don't tell me."
>
>"I must, Brenda. Your husband Shamus
>is dead and gone. I'm sorry."
>Finally, she looked up at Tim.
>"How did it happen, Tim?"
>
>"It was terrible, Brenda. He fell into a vat
>of Guinness Stout and drowned."
>
>"Oh my dear Jesus! But you must tell me truth, Tim.
>Did he at least go quickly?"
>"Well, Brenda... no. In fact,
>he got out three times to pee."
>
>************************************************************************
>**********
>Mary Clancy goes up to Father O'Grady after
>his Sunday morning service, and she's in tears.
>He says, "So what's bothering you, Mary my dear?"
>She says, "Oh, Father, I've got terrible news.
>My husband passed away last night."
>The priest says, "Oh, Mary, that's terrible.
>Tell me, Mary, did he have any last requests?"
>She says, "That he did, Father."
>The priest says, "What did he ask, Mary? "
>She says, "He said,
>'Please Mary, put down that damn gun...'"
>
>************************************************************************
>************
>AND THE BEST FOR LAST
>A drunk staggers into a Catholic Church,
>enters a confessional booth, sits down, but says nothing.
>The Priest coughs a few times to get his
>attention but the drunk continues to sit there.
>Finally, the Priest pounds three times on the wall.
>The drunk mumbles, "ain't no use knockin,
>
>there's no paper on this side either!"
>
I agree with Bob about talking about AMEX listing.
Lets just get off the pinks first.....since TRGD was delisted by the OTC and put on the pinks for non-reporting, once we get caught up on filings its only a matter of being relisted to the OTC. We have already gone thru the process of OTC listing and it will be just a matter of re-instatement. Very quick process. Then we can look forward to an AMEX listing, which could take a while. Hopefully at that time the AMEX will still be aggressively seeking companies to list with them and can ease the process
LOL here in the South, its never too sweet
nothing...sounds like they want to make sure there is no hidden EPA risk before taking control of property...wise move
I am only half thru it, very detailed and now I know why it took so long, but it lays out all the JV specifics very well
Form 10KSB for TARA GOLD RESOURCES CORP..
the 2005 quarters are next and should come pretty quickly. This was the hard one as it had to have no ambiguities. Timeline predictions are worthless, but remember this is the template for all the rest and should be caught up soon.
Glad to see a little up volume on AEGP. only 7 mm shares OS....hummm maybe something good for my POS
I hate it when Stock Lemon comes out with an opinion on a stock I have seen a lot of Ihubbers in
Dear Reader,
Zeros and Ones (OTC:ZROS) has made an amazing move in the past month up from .25 cents to over $1.40 giving it a market cap of over $150 million.
With 0 revenues to date and limited cash, this company is nothing more than the object of skilled stock promoters....and who is behind the whole thing??? Tobin Smith, our favorite stock commentator from Fox TV Bulls and Bears Show.
It is the opinion of Stocklemon that ZROS is nothing more than a 2 cent stock and all of the Tobin Smith Followers will face a fate that is all too familiar for novice investors.
Cautious Investing To All.
For the full report go to www.stocklemon.com
Stocklemon
will join when I have some dry powder.....they say the creme rise to the top but mine appear to be the sh#t floating on top
me too. good ole boy
Pat, my shares of ACCA now in my Etrade account this am. You?
Paramount gold (PGDP) looks like it will break above $3 today, which is good for Tara's holdings. Its been a while since this high
Comprehensive 50,000 Meter Drilling Program Targets Resource Expansion at San Miguel
Monday March 19, 8:00 am ET
CHICAGO, IL--(MARKET WIRE)--Mar 19, 2007 -- (Other OTC:TRGD.PK - News) (Frankfurt:T8N.F - News) Tara Gold Resources Corp. is pleased to announce the plan to drill a total of 50,000 meters in 2007 on the San Miguel project. The plan, as proposed by the operator Paramount Gold and accepted by Tara Gold, uses a combination of core and reverse circulation methods.
In August, 2005, Tara Gold Resources signed an agreement with Paramount Gold Mining Corp. giving Paramount the right to earn up to a 70% interest in the project by spending US$2.5 million, delivering 700,000 shares, and making various payments to Tara Gold.
The joint venture's objectives in the upcoming drill program at San Miguel are to upgrade and expand the present inferred resource by infill and down-dip drilling, to extend the known mineralized zones along strike, and to find new zones by drilling the untested portions of the primary mineralized structural zone.
Layne Christensen (Layne de Mexico, S.A de C.V) www.laynechristensen.com has committed the necessary drills to Paramount Gold to execute this program. Founded over 100 years ago Layne Christensen Company's Mineral Exploration provides drilling services for geological assessment, in-situ mining and mineral exploration with over 150 drilling rigs worldwide.
ADVERTISEMENT
Mr. Francis Biscan Jr., President of Tara Gold Resources stated, "The results to date at San Miguel warrant an aggressive increase in the level of exploration activity and the enhancement of the expertise and quality control processes needed to guide, model and assess the results. We are fortunate to have a partner that is systematically unlocking the value we recognized early on at San Miguel."
About San Miguel
San Miguel is currently comprised of 16 concessions covering an estimated 8 km strike of silver and gold mineralization. It is located in Chihuahua, Mexico and lies in the Guazapares mining district, part of the gold-silver belt of the Sierra Madre Occidental.
About Tara Gold Resources Corp.
Maybe its best not to respond to you.
are you kidding? I am just saying in my view its fairly valued today at around $.25 and we will go up from here on added assets like electrowave. I am in at $.21 This is an investment for me, not a flip
I agree with your assessment and deathtotaxes. I was a little disappointed and feel it fairly valued today and hoping the electrowave addition will bring it more in line with PE. I am holding 60k for now expecting higher sp by summer once everything unfolds. No need to pump those numbers as great as things are coming together nicely for an investment.
it better or I willl be disappointed...I am hoping for .40 to .50 by dec
TRGD has 700k shares of PGDP, Paramount Gold. They have a basic audio interview here on the San Miguel project
http://www.smallcapvoice.com/pgdp/pgdp-3-13-07.html
I think some of it is the recent sell off by hedge funds of gold in general
I don't think it will do any good as the form back to the DTC has been sent. I would wait and see Monday if its in your account, but you can call if you want
that XTOG was a 500 RS where I have 300 and waiting game for trading as well
Pat I have not talked to Jr recently. Are you holding XTOG? My market seems to be subprime as well
San Miguel Joint Venture Partners Engage Deposit Modeling, Structural Geologist, and Digital Terrain Modeling Services
Wednesday March 14, 8:15 am ET
CHICAGO, IL--(MARKET WIRE)--Mar 14, 2007 -- (Other OTC:TRGD.PK - News) (Frankfurt:T8N.F - News) Tara Gold Resources Corp. is pleased to announce the enhancement of the technical team necessary to aggressively expand the San Miguel resource. The added expertise will increase the degree of confidence in the resource estimation process through more sophisticated approaches to deposit modeling and statistical treatment of data.
In August, 2005, Tara Gold Resources signed an agreement with Paramount Gold Mining Corp. giving Paramount the right to earn up to a 70% interest in the project by spending US$2.5 million, delivering 700,000 shares, and making various payments to Tara Gold. Paramount is the operator of the project.
Paramount has engaged Mine Development Associates (MDA -- www.mda.com) to perform deposit modeling, resource estimations, and National Instrument 43-101 reporting. MDA is a full-service mine engineering company based in Reno, Nevada, that has worked on significant projects throughout North, Central and South America.
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Paramount has also engaged the services of Tony Starling of London, England to provide technical consulting with respect to its San Miguel project. Mr. Starling is an expert structural geologist and has a tremendous wealth of experience in the Sierra Madre region.
In addition, Paramount has contracted Orthoshop - Mexico to generate detailed topographic maps, digital orthophotos, and a digital terrain model for the San Miguel project. The ground control and aerial photography has recently been completed by Orthoshop and the initial results of their work are expected to be received next week.
About San Miguel
San Miguel is currently comprised of 16 concessions covering an estimated 8 km strike of silver and gold mineralization. It is located in Chihuahua, Mexico and lies in the Guazapares mining district, part of the gold-silver belt of the Sierra Madre Occidental.
About Tara Gold Resources Corp.
Thanks for the PM...I think the microcaps are a lot like a warm beer with a cold date...not very good right now
bid/ask very tight and reasonable this am
Press Release Source: Trophy Resources, Inc.
Trophy Resources to Host Conference Call for Investing Partners
Tuesday March 13, 8:35 am ET
CLEVELAND, OH--(MARKET WIRE)--Mar 13, 2007 -- Trophy Resources (Other OTC:TRSI.PK - News) is pleased to announce that their CEO, Mr. Eric Leonetti, will be hosting an informational conference call for their stock holders and investing partners in 45 days.
The purpose of this call will be to lay out the company's strategies and goals for the future and to answer questions concerning asset management (allocation) and capitalization and the strategies necessary to meet those operational objectives.
"I am very excited with the opportunity to host this call. We hope to add some transparency to our company and thus increase the level of trust and security our current investing partners have, and that of those that may invest in our operations as we move forward," said Mr. Leonetti.
About Trophy Resources
Trophy Resources, Inc. (www.trophyoil.com) is an independent natural resource company with the goal of controlling lease hold acreage and mineral rights. Trophy's oil interests are in the Fort Worth Basin in central Texas, and the Williston Basin, Montana. Trophy expects to acquire advanced-stage projects and/or producing mines in some of the most prolific precious metal districts in the world. The Company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of land and/or leases, and explore and develop opportunities on these leases.
Glad you appreciated it. I wish I could take credit for "wife changing stock" but I saw it used somewhere the other day and thought it was better than life changing. Of course a very bad stock could also be a wife changing stock too I guess, but that would also apply to life changing stocks as well. Be careful what we wish for I guess.
I can't remember where I saw this but thought it was pretty good. Something like....Small caps today are like a warm beer with a cold woman, just not that exciting!
Niles I added TDON last week at .62. If one were to load the boat, it could be a wife changing stock in a few years I think