added another gold mine today CGFIA mining sectors seem to be the best buys now, the green companys are haveing to much trouble getting off the ground
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A Silverado Green Fuel production facility can be established anywhere in the world where there is a supply of low rank coal, combined with a need for environmentally friendly and reasonably low cost, readily available energy. China is one target market that Silverado has identified.
The company is pleased to announce that Synergy Management Group Ltd. has been contracted to spearhead its "Silverado Asian Business Development Team". Synergy is a North American - China consulting firm specializing in joint ventures, strategic partnerships, and investment. Synergy maintains offices in North America, and Associates in China (Beijing, Hong Kong, Shanghai and Xian).
Synergy represents an extensive network of key China-based contacts. The company's North America - China, deal - making expertise has assisted a number of other North American companies in successfully accessing the China marketplace. Synergy also delivers 'Think China' government and business workshops, and provides corporate mentoring.
Coal represents 90% of China's primary energy deposits. Experts predict that coal will represent 50% to 70% of China's primary energy consumption in the coming 30-50 years. China's total coal reserve is more than one trillion tons.
China's economic growth represents an insatiable appetite for energy, and creates environmental issues. China's major coal, oil and energy companies, are turning toward global technologies such as those offered by Silverado Green Fuel Inc. Silverado can respond to enhancing China's domestic energy output, utilizing China's abundant coal reserves.
why don't you become the moderator and i'll try and assist you if your intersted
good find we are running today good trading to ya
good to see some opinions and DD here besides my own I agree that the juniors are getting jumpy and we have a real winner in the coal to fuel here things shouled get rockin here the gold results in the chip samples was so high they tested them twice, it all looks good to me.
it sounds good to me but need a lot more buyers or fewer shares out.
http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=SLGLF:US&sid=aAdpgY6EgKZ4
"The writer regards Silverado as the most competent underground
placer drifting company active in Alaska today."
- "During 2007, Silverado Gold Mines, Ltd. had another successful year
mining placer gold on their Nolan Creek properties."
- "The company produced 3,710.74 ounces of placer gold, the majority of
which is the typical coarse nugget gold derived from Nolan Creek
valley."
- "With premium gold bullion and nugget jewelry prices available, the
writer estimates that $4.0 million in gold was produced."
- "The actual production was more than twice the amount forecasted by
the writer last year (Bundtzen, 2006)."
- "During 2006-2007, Silverado Gold Mines Ltd. completed a highly
successful underground placer gold mining project on Swede Channel
and Mary's East deposit."
- "The radiocarbon age dates from placer deposit imply that there has
not been much time between erosion of the hardrock gold source to
creation of the placer"...."Hence the lode source creating the
placers may be more-or-less intact. Secondly, the Mary's East deposit
is a colluvial deposit with very coarse gold, which implies that the
lode source is very proximal to this area."
- "The Workman's Bench project constitutes an important component of
Silverado's plans to mine and ship stibnite concentrates. The company
has had experience in the antimony market from their property on
Eagle Creek, in the Fairbanks (Mining District). Their Scrafford
property (near Fairbanks) was once one of the largest domestic
sources of antimony. Silverado is planning on taking advantage of the
relatively high prices of antimony to pursue this activity."
it is one of the best ones around for a while if we can get a low higher than the old highs it will run hard thats how I see it I'd buy more if I had the change have to go with what I have. good trading to ya
I think it should have gone up to but then again I don't have all the answers and I don't know who does, You can give Bob a call at silverado ask him or e-mail him I put his number into the I box at the bottom of the page below the chart good trading to you
James444ct this one is looking good need to pull out the cushons and look for some more change. lol good trading to you
Silverado has unearthed a five-meter continuous chip sample of grade 5.22 ounces per tonne of gold at the Solomon Shear zone of its Nolan gold mine in Alaska.
Because of the "exceptionally high content of gold assayed", a second sample was re-assayed and confirmed the value.
The discovery of the high gold assay in Trench H was supplemented by significant gold values found in Trenches G and J, with the antimony values reaching as high as 30 per cent.
"Solomon Shear is a highly mineralized gold-bearing system that extends over five miles on Silverado's Nolan property," a spokesman for the company said.
"It has been the focus of Silverado's extensive exploration program, which includes geophysical and geochemical surveys in addition to the trenching program.
Today, just after the market closed, SPKL announced that franchisees have signed leases for five new locations. One in Brooklyn, NY, one in Ocala, FL, and one in Norman, OK. San Diego is getting a second store, and Austin is getting its third.
As you can see by the chart to the right, the stock continues to bump along the bottom of this extended triangle pattern. We could possibly see the stock break the bottom part of this triangle in the next few weeks.
Why do I say this?
Well, as everyone knows, this past December the company completed a $6 million financing. That stock has now become free trading stock, to the tune of about 7 million shares. The cost basis for these shares is $.85. This creates a potential supply problem in the very short-term. If these shares hit the market, this obviously creates a very attractive opportunity for all current shareholders.
We might see the stock trade lower into the $1.00 to $1.10 region. If this does happen, I can't see it trading lower than $1, because the investors who participated in the $6 million financing are not looking to just make $.15 on their investment.
They know the upside for this company and are looking to make a ton of money on this deal. You do not make a ton of money by buying a stock at $.85 and then getting out at $1.00. They want to see the stock go to $2 or $3 and then look for a possible buyout.
It's worth noting that two of the company's independent board members participated in this financing to the tune of $1.3 million. That is how much the insiders believe in this company.
By the end of 2008, we could possible see Spicy Pickle opening 3 to 4 new stores per month. With this type of growth, who wants to be a seller?
Just a little FYI - my 300,000 share stock certificate is sitting in my filing cabinet and most likely will not be touched for another year.
This company is for real and if you are just finding out about it, just take a look at all of their previous press releases to see how fast this company is growing.
2c keep posting good the bad and the ugly its needed
more good news thanks still holding steady as she goes
Silverado Gold Mines Ltd. Regarded as... "The Most Competent Underground Placer Drifting Company Active In Alaska Today"
Vancouver, BC, Canada: February 20, 2008 (Silverado - OTCBB: SLGLF / Frankfurt : SLGL). Silverado Gold Mines Ltd. is pleased to announce the release of the Bundtzen Report. This professional, independent NI 43-101 compliant Report has assessed the company's activities and resources for 2007, and is subsequent to the 2006 Report also produced by Thomas K. Bundtzen, President of Pacific Rim Geological Consulting, Inc., (PRGCI) of Fairbanks, Alaska, USA. Mr. Bundtzen is one of the foremost placer mining consultants in North America, Scandinavia and Russia.
The following are direct quotes from the Report, which can be found in its entirety on the Silverado website [ Click Here ].
"The writer regards Silverado as the most competent underground placer drifting company active in Alaska today."
"During 2007, Silverado Gold Mines, Ltd. had another successful year mining placer gold on their Nolan Creek properties."
"The company produced 3,710.74 ounces of placer gold, the majority of which is the typical coarse nugget gold derived from Nolan Creek valley."
"With premium gold bullion and nugget jewelry prices available, the writer estimates that $4.0 million in gold was produced."
"The actual production was more than twice the amount forecasted by the writer last year (Bundtzen, 2006)."
"During 2006-2007, Silverado Gold Mines Ltd. completed a highly successful underground placer gold mining project on Swede Channel and Mary's East deposit."
"The radiocarbon age dates from placer deposit imply that there has not been much time between erosion of the hardrock gold source to creation of the placer"...."Hence the lode source creating the placers may be more-or-less intact. Secondly, the Mary's East deposit is a colluvial deposit with very coarse gold, which implies that the lode source is very proximal to this area."
"The Workman's Bench project constitutes an important component of Silverado's plans to mine and ship stibnite concentrates. The company has had experience in the antimony market from their property on Eagle Creek, in the Fairbanks (Mining District). Their Scrafford property (near Fairbanks) was once one of the largest domestic sources of antimony. Silverado is planning on taking advantage of the relatively high prices of antimony to pursue this activity."
Silverado Gold Mines Ltd.
Silverado Gold Mines Ltd. has already secured $ 5,000,000 for its 2008 exploration plans. See - Feb 14, 2008 " - With All Financing In Place, Silverado To Launch $ 5,000,000 Nolan Creek 2008 Exploration Program" [ Click Here ]
Silverado's twelve square mile, 100% owned Nolan Property has yielded over $ 15 million in gold. This was produced during past Silverado test mining activities. The area, over its pre - Silverado historical 'gold rush mining', produced 120,000 oz of gold, and generated a 136 oz gold nugget, the second largest ever found in Alaska. Silverado discovered the tenth largest gold nugget, at 41 oz. [ Click Here ].
Silverado's Nolan property includes infrastructure built, and paid for, a 24 person accommodation, machine shop, heavy equipment and maintenance facilities. With all permits in place, Silverado has recently invested $ 1 million for specialized underground exploration and mining equipment. Further underground exploration of the Workman's and possibly Pringle Benches will be dependant on completion of current assays combined with the assay data gained from this spring and summer's drilling program as well as full channel samples to be cut in the Workman's Bench mineralized zone upon commencement of the drill program. Silverado had already discovered 93-97% pure gold nuggets in these areas.
"Exploration Drilling On Workman's Bench At Nolan Creek Reveals Gold Grades Up To 0.55 Toz/Ton And 34.51% Antimony. Gold And Antimony Mineralization Now Extends From North End Of 700' Long Pringle Bench Area To The South End Of Workman's Bench Area, A Distance Of 1300 Feet" (Jan 14, 2008) [ Click Here ].
Silverado Gold Mines Ltd. Regarded as... "The Most Competent Underground Placer Drifting Company Active In Alaska Today"February 20, 2008 5:00 AM ET advertisement
Article tools E-mail this article Print-friendly version Discuss this articleStocks mentioned in this articleSilverado Gold Mines Ltd (SLGLF) Stock Quote, Chart, News, Add to WatchlistRecent investing newsIndia funds grapple with pricey, scarce talentFranklin Templeton buys stake in Vietcombank FundTransAlta sells Mexican assets for $303.5 mln cashMajority of Americans expect a recession: pollToronto stocks set for profit-taking after surge
All PR Newswire newsVANCOUVER, Feb. 20 /PRNewswire-FirstCall/ - (Silverado - OTCBB: SLGLF/Frankfurt: SLGL). Silverado Gold Mines Ltd. is pleased to announce the release of the Bundtzen Report. This professional, independent NI 43-101 Report has assessed the company's activities and resources for 2007, and is subsequent to the 2006 Report also produced by Thomas K. Bundtzen, President of Pacific Rim Geological Consulting, Inc., (PRGCI) of Fairbanks, Alaska, USA. Mr. Bundtzen is one of the foremost placer mining consultants in North America, Scandinavia and Russia.
The following are direct quotes from the Report, which can be found in its entirety on the Silverado website at http://www.silverado.com/i/pdf/2008-02-08_TB.pdf.
J H writes on mining news in the USSR it dosen't matter if its Pink or not your up set because it wasn't pos. The story was hard hitting on ABVG and AURC not what I wanted to hear because the price went down its part of info that was found, you sound as if all you want to hear is roses in your news
GARRY L. ANSELMO
CHAIRMAN, CEO, PRESIDENT
SILVERADO GOLD MINES LTD.
Industry veteran, Garry Anselmo, brings 46 years of mineral exploration, mining and finance experience to Silverado Gold Mines Ltd., where he currently serves as Chairman, CEO, and President.
He also serves as CEO and President of the wholly-owned subsidiaries, Silverado Green Fuel Inc. & Silverado Gold Mines Inc.
He has directed Silverado’s growth since its inception in 1973, spearheading and funding a wide range of successful exploration and development programs. Mr. Anselmo’s experience includes field explorations with Kennecott Copper, Anaconda American Brass, and American Metals Climax.
Mr. Anselmo founded Tri-Con Mining Ltd., a private exploration service company, in 1968. Tri-Con has performed exploration services and built mining operations for a wide range of clients over a period of 40 years. These projects varied geographically from New Mexico, California, Arizona, Nevada, British Columbia, North West and Yukon Territories to Alaska. Mr. Anselmo through Tri-Con started, guided and financed Silverado in its early years.
Today, through public and private financing, and now production revenues, he guides the Company into a new period of growth.
Mr. Anselmo is a member of the Alaska Miners Association. He obtained his B.A. from Simon Fraser University in British Columbia, Canada.
Five fundamentals will drive gold price higher in 2008
Precious metals and coin dealers Blanchard and Company expect five fundamental factors will keep the gold price high and rising throughout the year.
Author: David Beahm
Posted: Tuesday , 19 Feb 2008
NEW ORLEANS (Blanchard and Co.) -
Since hitting record highs above $900 since the first of the year, gold had shown continued strength at those price levels amid expected volatility, and analysts at Blanchard and Company Inc. say five specific fundamentals will continue to drive the price up through the end of 2008.
"Gold has experienced a shift in fundamentals when compared to 1980's speculative highs, and today there are five factors that will drive prices higher - supply and demand, dollar weakness, institutional buying, the price relationship between gold and oil, and global economic uncertainty," says Donald W. Doyle, Jr. Chairman and CEO of Blanchard. "Expect some price consolidations, which are healthy for the market, and view them as buying opportunities because we see the price ultimately going significantly higher than current levels in the long-term."
Doyle says investor demand is at record levels, and the markets should expect to see that demand continue as global supply shrinks, emerging markets begin to play a more significant role in the world's economy, and as former sellers of gold - notably central banks and hedge books - reverse their selling trends and become buyers again themselves.
"The U.S. economy is slowing to a crawl, and the Fed is continuing to infuse liquidity through rate cuts that further weaken the dollar," Doyle says. "Look for large institutions and central banks to continue to move out of dollar-based assets and into quality alternative tangible assets such as gold."
Doyle also pointed to differences between today's economic collapse and that of 1987, noting that the previous near global implosion featured a U.S. economy that was in solid shape. Now the underlying cause of the crisis is the domestic economy and housing deflation. Real consumer spending is declining, payroll employment numbers are falling, and industrial production in the U.S. is losing traction, triggering a flight to quality alternative investments.
"Gold is not just a luxury item - it was the foundation of the global currency system for eons and, as the current global economic crisis continues to unwind, the precious metal has reasserted itself as the fourth currency," Doyle says. "We believe widespread increased investment demand will offset any decline in luxury goods manufactured with gold as investors seek to secure assets that will retain their value."
David Beahm is Vice President Marketing and Economic Research, Blanchard and Company - www.blanchardgold.com
http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=47700&sn=Detail
I'm long here for the run its a sleeper now I think its good for more than just flipping though because of the coal to fuel but they need to get rocking before some one elese blow them out of the water
thanks I'll take a look. Tne mine sector is where I think the next biggest moves will be. that and the fact that I work at the Climax mine foe over 7 years I kind of know what they are talking about in the PR's thats what I think any way, thanks again best trading to you.
I don't know what to say you can send to where ever you want, I've been busy with my job so I'm behind here
the story was not very good to read but it was out there so I posted it. I do think they need to grow the company being to fancy can back fire though and trying to say that its the naked shorts is a streach in my opion, I do think this will take off soon kind of a sleeper right now
There's more than profits and losses to the stock market
David Baines, Vancouver Sun
Published: Saturday, February 16, 2008
He claimed Silverado could produce coal water for the equivalent of $7 US per barrel of oil, which would position the company "as a world leader in the commercial development of such fossil fuels, not only in Alaska, but in other areas of the world." (If you're going to be a world leader, it may as well be the whole world.)
In any event, here we are: eight years later, and Silverado not only doesn't have a commercial plant, it doesn't even have a demonstration plant.
During the nine months ending August 2007, the company didn't generate a single cent of revenue, but there are no signs of austerity at Silverado's spacious, glass-sculpted offices on the 18th floor of the Terasen Gas building at 1111 West Georgia.
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Font:****During the same period, it racked up $5.6 million in expenses, including $967,609 in management services, $891,982 in consulting fees, $722,009 in advertising and promotion, $668,367 in office expenses and $191,584 on reporting and investor relations.
As I mentioned, there are two ways to boost a stock. The first is to do something productive, which Silverado has not. The second way is to give the impression that you are doing something productive. In this regard, Anselmo has been an expert.
In 1980, when the company was trading on the old Vancouver Stock Exchange, the stock peaked at $10.50, but soon fizzled out. In 1993, when it moved to the Nasdaq, it enjoyed a revival of sorts, trading as high as $3.50.
Not content to leave the stock's fate to mother nature, Anselmo has used many different tout services to boost the share price. Among them has been Robert Chapman, a U.S. newsletter writer who has been the subject of cease-and-desist orders in nine different states and was handed a 10-year stock market ban in B.C. in 1989.
Despite his best efforts, Silverado was not able to maintain Nasdaq's minimum stock price and was relegated to the dreadful OTC Bulletin Board in the United States, where it is now trading at six cents.
If we are to believe Anselmo, the flagging stock price is not the company's fault. It is the fault of that ubiquitous stock market bogey-man, the naked short seller (people who sell the stock short without first borrowing the shares, or making an "affirmative determination" that the shares can be borrowed).
This is an illegal practice, one that is difficult to prove but often cited by promoters who need to find somebody or something else to blame for their companies' flaccid performance.
Despite these predators, Anselmo is convinced he will prevail. "We're on the path to becoming successful," he insists. "We're very close. It's been a lifelong battle, but we will not quit."
Such gallant words. Winston Churchill in a Corvette.
dbaines@png.canwest.com
SILVERADO'S 10 (MORE) LOST YEARS
Silverado Gold Mines Ltd. has lost more than $85 million US since its inception in 1963.
LOSSES
1997 / $4,414,772
1998 / $16,938,903
1999 / $1,449,391
2000 / $1,872,116
2001 / $1,677,974
2002 / $3,755,401
2003 / $8,519,169
2004 / $4,304,232
2005 / $3,394,107
2006 / $7,683,002
9 months to August/07 $5,330,229
Losses since inception $85,633,725
Figures in U.S. dollars
There's more than profits and losses to the stock market
David Baines, Vancouver Sun
Published: Saturday, February 16, 2008
The stock market is a mysterious place. There are lots of companies that trade on the junior markets that never make money, but they manage to stay alive and keep trading.
The best example is Silverado Gold Mines Ltd. It was formed in 1963 -- 45 years ago -- and it has never had a profitable year. Since inception, it has lost more than $86 million US.
Yet its chairman, president and founder, 64-year-old Gary Anselmo, lives a very comfortable life. He lives in a $883,000 house in Richmond, he drives a 2006 Corvette, he eats at the finest restaurants and flies first class wherever he goes (he says because of a back injury).
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Font:****Anselmo boasts, quite truthfully, that he takes no salary from Silverado, but this is not the whole truth. Over the years, he has earned millions of dollars through his private company, Tri-Con Mining Ltd., which acts as the operator for Silverado's two main projects -- the Nolan gold project near Fairbanks, Alaska, and its newer "green" project, a process for making coal water (an environmentally friendly substitute for petroleum-derived fuels).
Tri-Con bills the company at the rate of cost plus 15 per cent for overhead, plus 25 per cent for exploration services or 15 per cent for development and mining services. Over the years, this arrangement has put millions of dollars into Anselmo's pocket.
During the nine months ending August 2007 (the company's last reporting period), Tri-Con billed Silverado a total of $4.26 million. If just 15 per cent represents profit to Anselmo, that amounts to $639,000. Keep in mind, that's for the last nine months only.
Where does all this money come from? Every once in a while, when the treasury gets low, Silverado issues more shares for cash. Over the years, it has done this many times. There are now 778 million shares outstanding. And that's after a three-for-one share consolidation and a 10-for-one consolidation. The net result is that the company has manufactured more paper than a toilet paper factory.
Of course, people will only buy a stock if they feel they can unload it at a higher price. There are two ways to get the stock price higher. The first is for the company to do something productive. In this regard, Silverado has been a flop.
Every project the company has undertaken has ended in failure. In 1985, for example, Anselmo was touting the Mount Grant gold mine in Alaska, claiming it had "the potential for being one of the highest recovery producers in North America."
Commercial production began in November 1985, but a little more than a month later, operations were suspended "after initial operating results did not meet expectations."
The company shifted focus to its Nolan Creek project. In October 1992, Anselmo said projected earnings for the year ending November 1994 would be $8.96 million US. In fact, the company lost $3.1 million U.S.
Anselmo is still flogging the Nolan gold project, but he has also jumped on the "green" bandwagon. In 2000, he announced that Silverado would establish a plant in Alaska to produce coal water.
With All Financing in Place, Silverado to Launch $ 5,000,000 Nolan Creek 2008 Exploration Program
Vancouver, BC, Canada: February 14, 2008 - (Silverado - OTCBB: SLGLF / Frankfurt : SLGL). Silverado Gold Mines Ltd. announced today that it has finalized its funding, and Strategic Planning for the exploration of the Nolan Creek Lode Gold Project, for the 2008 season.
Exploration drilling at Silverado's prime identified locations, commencing at the end of April, 2008, is to be carried out on its gold and antimony exploration targets within the Solomon Shear Zone, Workman's Bench, and within Pringle Bench. Definition drilling will direct further underground work. Financing of $ 5 million has been secured for Silverado to carry out its 2008 Exploration Strategic Plan.
While exploration drilling will be undertaken on Workman's Bench and Pringle Bench, exploration crews will conduct detailed ground geophysical and ground geochemical soil surveys across the Fortress Zone which contains NW-striking gold-quartz vein systems.
The Fortress and Solomon Shear Zones are assumed to be the sources of the placer gold that has been mined by Silverado Gold Mines, and are the focus of the company's lode exploration programs [ see 3D map ]. Historically, Nolan Creek has yielded 120,000 Toz of placer gold since its discovery. Silverado itself has produced over 15,000 Toz of gold on this 100% Silverado owned Nolan Creek property.
Solomon Shear Zone
The Solomon Shear Zone contains NE striking gold-antimony-quartz vein systems. These vein systems occur on Workman's Bench, across Smith Creek to Pringle Bench, further up on the Hillside, and have also been located north of Smith Creek Dome [ see 3D map ].
The NE striking gold-antimony-quartz-vein system represents the borderline between mesothermal (medium temperature) and epithermal (low temperature) mineralization. In the Nolan Creek area, gold and antimony grades within the gold-antimony-quartz vein systems, increase with depth, as indicated by drilling. The highest antimony and gold grades of all three drilled prospects (Workman's Bench, Pringle Bench and the Hillside) within the Solomon Shear Zone are found at Workman's Bench, which represents the lower drilled part of the gold and antimony mineralized system.
The Workman's Bench mineralized zones have been confirmed over a strike length of 600 feet. They are well defined and contain antimony and gold bearing veins each of which are generally larger in width (up to one foot) than at the other prospects. This is not only evidenced by drilling, but also by underground and surface observations.
During winter 2007/08, Silverado drove an exploration tunnel into the Workman's Bench mineralized zone to intersect the gold bearing antimony-quartz veins. Results of this program will be presented upon receipt of assays.
Silverado Gold Mines is planning an extensive drilling program at Workman's Bench to define the gold and antimony mineralization at depth over a strike length of 1,500 feet from Smith Creek, down to the Nolan landing strip. The gold and antimony mineralized zones at Workman's Bench are open laterally and at depth. Once this program is completed, drilling will continue on Pringle Bench. The drilling program at Pringle Bench will be designed to intersect the gold and antimony mineralized zones at the Workman's Bench level.
Fortress Zone
The Fortress Zone contains NW-striking gold-quartz vein systems [ see 3D map ]. These are located in the Fortress area, and also confirmed in the Right Fork of Vermont Creek. They show generally higher gold values than the gold-antimony vein system. The NW-striking gold-quartz vein system represents mesothermal (medium temperature) vein mineralization. Mesothermal gold deposits form the world's largest gold deposits.
Although only in its early exploration stage, the extensive soil geochemical survey along with the ground geophysical VLF-EM survey performed in 2007 has revealed east-west trending fault zones that are overlain by strong arsenic and gold in soil anomalies, which are up to 1,500 feet in length. Arsenic is a strong indicator for the presence of gold mineralization.
The formation of the northwest striking gold bearing quartz veins was controlled by east-west trending deformation zones, as evidenced in other areas of the southern Brooks Range.
Further soil sampling, in conjunction with a ground geophysical VLF-EM survey, will be carried out this summer to determine the extent of the Fortress Zone. A series of three to five trenches is planned prior to drilling, provisionally scheduled for mid August. The Fortress area represents a prime exploration target for mesothermal lode gold mineralization.
Exploration will be supervised by Dr. Karsten Eden, Vice President, Exploration, Silverado Gold Mines Inc. Dr. Eden is a Certified Professional Geologist and is a qualified person under Canadian National Policy Instrument 43-101.
Silverado Gold Mines Ltd.
Silverado's twelve square mile, 100% owned Nolan Property has yielded over $ 15 million in gold. This was produced during test activities only. The area, over its pre - Silverado historical 'gold rush mining', produced 120,000 oz of gold, and generated a 136 oz gold nugget, the second largest ever found in Alaska. Silverado discovered the tenth largest gold nugget, at 41 oz. [ Click Here ]
Silverado's Nolan property includes infrastructure built, and paid for, including a 24 person accommodation, machine shop, heavy equipment and maintenance facilities. With all permits in place, Silverado has recently invested $ 1 million for specialized underground exploration and mining equipment. Further underground exploration of the Workman's and possibly Pringle Benches will be dependant on completion of current assays combined with the assay data gained from this spring and summer's drilling program as well as full channel samples to be cut in the Workman's Bench mineralized zone upon commencement of the drill program. Silverado had already discovered 93-97% pure gold nuggets in these areas.
"Exploration Drilling On Workman's Bench At Nolan Creek Reveals Gold Grades Up To 0.55 Toz/Ton And 34.51% Antimony. Gold And Antimony Mineralization Now Extends From North End Of 700' Long Pringle Bench Area To The South End Of Workman's Bench Area, A Distance Of 1300 Feet" (Jan 14, 2008) [ Click Here ]
Silverado is also a Canadian RRSP Investment Opportunity
Silverado Gold Mines Ltd. shares currently trade on the Frankfurt stock exchange under the symbol SLGL; as well as the OTC under the symbol SLGLF. The rules and regulations guiding Registered Retirement Savings Plans (RRSPs) in Canada state that: securities trading on the Frankfurt Stock Exchange in Germany qualify as eligible RRSP investments. Therefore Silverado shares qualify for Canadian RRSPs.
Not only can investors participate in the gold markets and energy markets through ownership of Silverado stock, but now shareholders can use their investment in Silverado Gold Mines Ltd. as a tax planning technique in Canada.
Contact Information - Silverado Gold Mines Ltd.
Silverado is an international company focused on gold exploration, and a new environmentally friendly Fuel Technology. Silverado has gold properties located throughout Alaska which include the 100% owned Nolan Placer Gold Mine.
thanks for the post things look good and we should start moving up IMHO I'm ready to rock
thanks for the post things look good and we should start moving up IMHO I'm ready to rock
ABN#00363 and ABN#00362 exist. Valeriy Kyargin, chief of Khakassia Rosnedra, told Mineweb that licence 00362 is on issue for alluvial mining; the licensee is a Russian company, OOO Kamzas. The state record of its reserves shows category A plus B proven at 300 kilograms (9,645 oz). Kyargin said he had no indication of any production at the site. License 00363, he said, is not a gold producer. It has been licensed also to the Kamzas company, but it is classified as an exploration prospect, with state reserve category C2 of just 53 kilograms (1,704 oz). In all, the two Russian assets identified by Ryan have a total potential gold resource of just over 10,000 ozs. These are "tiny, tiny objects", Kyargin said, "but because they are they are alluvial deposits, there may be inaccuracies."
Russian state forestry administrators in Moscow told Mineweb that adoption of the new federal forestry code at the start of 2007 tightened up all concessions awarded under the old regulations. New-order agreements have been required since the start of last year, and this means, officials say, that the New Galaxy concession reported by Ryan -- dated October 17, 2006 -- is no longer valid. It must be reviewed by the regional authorities; new agreements must follow competitive auctions.
Zinoviy Yuskiv, deputy head of the State Forestry Committee in Khakassia, told Mineweb: "I have been working here for 25 years already, and we didn't issue a single forestry concession to date. I am sure we never issued any concessions to Narrow Galaxy company or its representative in Russia. More than that - I am sure the federal bodies didn't do that, because they would inform us in that case. We are the ones who control the forests, and we know if Moscow issues something - we have to supervise it."
As to the new legislation, there are no new concessions to be issued, only auctions."
looks like it will go lower to me. I have it in my sights
sell away I'll be buying
“doveryai no proveryai”. trust but verify
your on the money good DD weak hands is lame your thought are correct
I think your right theres a whole more neg's than pos. now I think we were taken
that puts a hold on things IMO
not today
its a junior here in the US that an orange to explore and develop takes capt. a slow down in econ, means a slow down in delv.
shorts are running from this one nothing left
ABV Gold Inc. $ 0.01
ABVG 0.00
Short Interest (Shares Short) 22,200
Days To Cover (Short Interest Ratio) 0.0
Short Percent of Float %
Short Interest - Prior 411,600
Short % Increase / Decrease -94.61 %
Short Squeeze Ranking™
% From 52-Wk High ($ 0.25 ) -2400.00 %
% From 52-Wk Low ($ 0.00 ) 60.00 %
% From 200-Day MA ($ 0.04 ) -300.00 %
% From 50-Day MA ($ 0.02 ) -100.00 %
Price % Change (52-Week) -83.30 %
Shares Float
Total Shares Outstanding
% Owned by Insiders %
% Owned by Institutions %
Market Cap.
Trading Volume - Today 4,605,130
Trading Volume - Average 1,063,200
Trading Volume - Today vs. Average 433.14 %
Earnings Per Share
PE Ratio
Record Date 2008-FebA
Sector
Industry
Sarissa Resources Inc. $ 0.01
SRSR -0.00
Short Interest (Shares Short) 41,100
Days To Cover (Short Interest Ratio) 0.0
Short Percent of Float %
Short Interest - Prior
Short % Increase / Decrease %
Short Squeeze Ranking™
% From 52-Wk High ($ 0.02 ) -87.50 %
% From 52-Wk Low ($ 0.00 ) 100.00 %
% From 200-Day MA ($ 0.00 ) 100.00 %
% From 50-Day MA ($ 0.00 ) 100.00 %
Price % Change (52-Week) %
Shares Float
Total Shares Outstanding
% Owned by Insiders %
% Owned by Institutions %
Market Cap.
Trading Volume - Today 2,162,442
Trading Volume - Average 2,676,100
Trading Volume - Today vs. Average 80.81 %
Earnings Per Share
PE Ratio
Record Date 2008-FebA
Sector
Industry
I'm maxed out in SLGLF I bought a bunch of SRSR its been rollon good side ways should be getting ready for a run SLGLF should be in a run over due IMO good trading James444ct