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gxs.v starting to roll again !!!
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GOLDSOURCE MINES INC GXS:TSX VENTURE Stock
Last
Price 2.45 Open 2.16
Change $ 0.30 Change % 13.95%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 2.40(27) Ask (size) 2.47(50)
Volume 272,123 P/E 0.00
Today's
Range 2.16 - 2.45 52-Week
Range 0.19 - 19.60
# Orders Board Lots Bid Ask Board Lots # Orders
2 27 2.400 2.470 50 1
1 25 2.370 2.480 20 1
3 41 2.360 2.490 126 4
1 20 2.350 2.500 294 8
2 40 2.330 2.520 10 1
25 Mar 2009 13:03 PM ET Real-time quote TSX Venture
with copper prices increasing lg.v a little explore co with a BC cu/moly ppty due to be drilled later this year looks to do better down the road, it's still very quiet with very little overhead in the way of stock offered and very thin so patient accumulation is the way to proceed here...imho :) hsb
with copper prices increasing lg.v a little explore co with a BC cu/moly ppty due to be drilled later this year looks to do better down the road, it's still very quiet with very little overhead in the way of stock offered and very thin so patient accumulation is the way to proceed here...imho :) hsb
can.v offers being taken out...hope some here were able to participate...:) hsb
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CANACO RESOURCES INC CAN:TSX VENTURE Stock
Last
Price 0.10 Open 0.08
Change $ 0.02 Change % 25.00%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.085(25) Ask (size) 0.10(8)
Volume 263,423 P/E -1.31
Today's
Range 0.08 - 0.15 52-Week
Range 0.02 - 0.32
# Orders Board Lots Bid Ask Board Lots # Orders
1 25 0.085 0.100 8 1
3 106 0.080 0.140 106 2
2 130 0.070 0.150 35 3
2 75 0.065 0.160 13 1
3 130 0.060 0.170 5 1
25 Mar 2009 11:17 AM ET Real-time quote TSX Venture
can.v offers being taken out...hope some here were able to participate...:) hsb
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CANACO RESOURCES INC CAN:TSX VENTURE Stock
Last
Price 0.10 Open 0.08
Change $ 0.02 Change % 25.00%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.085(25) Ask (size) 0.10(8)
Volume 263,423 P/E -1.31
Today's
Range 0.08 - 0.15 52-Week
Range 0.02 - 0.32
# Orders Board Lots Bid Ask Board Lots # Orders
1 25 0.085 0.100 8 1
3 106 0.080 0.140 106 2
2 130 0.070 0.150 35 3
2 75 0.065 0.160 13 1
3 130 0.060 0.170 5 1
25 Mar 2009 11:17 AM ET Real-time quote TSX Venture
Alix and Geo Announce Further Land Package From NuCoal
Last Update: 3/24/2009 2:12:58 PM
VANCOUVER, BRITISH COLUMBIA, Mar 24, 2009 (Marketwire via COMTEX) -- ALIX RESOURCES CORP. (AIX)(FRANKFURT:37N) and GEO MINERALS LTD. (GM) (The "Companies") are pleased to announce the joint acquisition by Alix and Geo of an 80% interest in seven prospective coal projects located in Saskatchewan from Saskatchewan based private company, NuCoal Energy Corp.
The joint acquisition is of seven properties; La Loche, Big River, Debden, Montreal River, La Ronge, Candle Lake and Tway, a map of which can be viewed on NuCoal's website at www.nucoalenergy.ca . This portfolio represents 727 permits totaling approximately 1,395,840 acres of land and gives Alix and Geo a majority share in all of NuCoal's lands in north-central Saskatchewan.
The purchase price to acquire an 80% interest in the seven prospective coal projects is $673,036 which will be paid for by the issuance of 3,380,180 shares Alix Resources at a deemed price of $0.20 per share. Geo will, in turn, issue shares at a deemed price of $0.20 per share to Alix for its half of the purchase price. In addition, an Alix board seat will be made available to NuCoal. This acquisition is subject to acceptance by the TSX Venture Exchange.
NuCoal's president and CEO, Alan Cruickshank, states, "This is a win/win scenario for NuCoal, Alix and Geo. These northern properties bear similarities of the geo-signatures that we saw at the Hudson Bay property, also located in Saskatchewan. NuCoal will focus on properties in southern Saskatchewan, and these northern Saskatchewan properties require the focus of Alix and Geo."
Alix and Geo further announce that the recently acquired Hudson Bay property, announced March 6, 2009, has increased in size from approximately 7,000 acres to 11,529 acres secured under 6 permits.
For further information we invite you to visit the Companies' websites at www.alixresources.com and www.geominerals.ca .
Alix Resources and Geo Minerals are junior exploration companies actively seeking mineral and energy opportunities for the benefit of all their stakeholders.
ON BEHALF OF THE BOARDS
Michael England, President
SOURCE: Alix Resources Corp.
Alix Resources Corp. / Geo Minerals Ltd.
Michael England
President
(604) 683-3995 or Toll Free: 1-888-945-4770
Website:
www.alixresources.com
/
www.geominerals.ca
Copyright (C) 2009 Marketwire. All rights reserved.
Alix and Geo Announce Further Land Package From NuCoal
Last Update: 3/24/2009 2:12:58 PM
VANCOUVER, BRITISH COLUMBIA, Mar 24, 2009 (Marketwire via COMTEX) -- ALIX RESOURCES CORP. (AIX)(FRANKFURT:37N) and GEO MINERALS LTD. (GM) (The "Companies") are pleased to announce the joint acquisition by Alix and Geo of an 80% interest in seven prospective coal projects located in Saskatchewan from Saskatchewan based private company, NuCoal Energy Corp.
The joint acquisition is of seven properties; La Loche, Big River, Debden, Montreal River, La Ronge, Candle Lake and Tway, a map of which can be viewed on NuCoal's website at www.nucoalenergy.ca . This portfolio represents 727 permits totaling approximately 1,395,840 acres of land and gives Alix and Geo a majority share in all of NuCoal's lands in north-central Saskatchewan.
The purchase price to acquire an 80% interest in the seven prospective coal projects is $673,036 which will be paid for by the issuance of 3,380,180 shares Alix Resources at a deemed price of $0.20 per share. Geo will, in turn, issue shares at a deemed price of $0.20 per share to Alix for its half of the purchase price. In addition, an Alix board seat will be made available to NuCoal. This acquisition is subject to acceptance by the TSX Venture Exchange.
NuCoal's president and CEO, Alan Cruickshank, states, "This is a win/win scenario for NuCoal, Alix and Geo. These northern properties bear similarities of the geo-signatures that we saw at the Hudson Bay property, also located in Saskatchewan. NuCoal will focus on properties in southern Saskatchewan, and these northern Saskatchewan properties require the focus of Alix and Geo."
Alix and Geo further announce that the recently acquired Hudson Bay property, announced March 6, 2009, has increased in size from approximately 7,000 acres to 11,529 acres secured under 6 permits.
For further information we invite you to visit the Companies' websites at www.alixresources.com and www.geominerals.ca .
Alix Resources and Geo Minerals are junior exploration companies actively seeking mineral and energy opportunities for the benefit of all their stakeholders.
ON BEHALF OF THE BOARDS
Michael England, President
SOURCE: Alix Resources Corp.
Alix Resources Corp. / Geo Minerals Ltd.
Michael England
President
(604) 683-3995 or Toll Free: 1-888-945-4770
Website:
www.alixresources.com
/
www.geominerals.ca
Copyright (C) 2009 Marketwire. All rights reserved.
Serfcorp,
seems like ure little bird knew of what it tweeted...lol...
Glen Eagle issues shares for $32-million (U.S.) credit
2009-03-24 11:31 ET - News Release
Mr. Jean Labrecque reports
GLEN EAGLE RESOURCES INC.: $32,000,000 USD CREDIT FACILITY
Glen Eagle Resources Inc. has received confirmation from a European consortium that a credit facility of $32-million (U.S.) will be available on or before May 1, 2009, to Glen Eagle and its financial partner, Paradise Peak Holdings, for future approved mining acquisitions based on certain financial and mining criteria. The proceeds will be divided 51:49 between Glen Eagle and Paradise Peak. Glen Eagle will issue, subject to regulatory approvals, as the case may be, 6.5 million common shares to Paradise Peak for having structured the transaction.
A subsequent news release will bring additional details on the acquisitions currently being evaluated and further clarification on the terms of the credit facility will be announced when a letter of intent with a lock-up agreement has been signed on or before May 1, 2009, when the facility expires.
We seek Safe Harbor.
sdx.v starting to show some improvement should do better...hsb
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SEA DRAGON ENERGY INC SDX:TSX VENTURE Stock
Last
Price 0.10 Open 0.09
Change $ 0.01 Change % 11.11%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.085(51) Ask (size) 0.10(10)
Volume 77,000 P/E 0.00
Today's
Range 0.085 - 0.10 52-Week
Range 0.07 - 0.55
# Orders Board Lots Bid Ask Board Lots # Orders
3 51 0.085 0.100 10 1
2 45 0.080 0.105 80 2
2 46 0.075 0.115 20 1
6 248 0.070 0.120 107 2
2 120 0.060 0.130 5 1
24 Mar 2009 11:54 AM ET Real-time quote TSX Venture
sdx.v starting to show some improvement should do better...hsb
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SEA DRAGON ENERGY INC SDX:TSX VENTURE Stock
Last
Price 0.10 Open 0.09
Change $ 0.01 Change % 11.11%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.085(51) Ask (size) 0.10(10)
Volume 77,000 P/E 0.00
Today's
Range 0.085 - 0.10 52-Week
Range 0.07 - 0.55
# Orders Board Lots Bid Ask Board Lots # Orders
3 51 0.085 0.100 10 1
2 45 0.080 0.105 80 2
2 46 0.075 0.115 20 1
6 248 0.070 0.120 107 2
2 120 0.060 0.130 5 1
24 Mar 2009 11:54 AM ET Real-time quote TSX Venture
Serfcorp,
I don't generally buy on what I see someone post on a BB so don't take it personally...lol...if I see a technical picture which backs the BB statement and a fundamental picture which supports that thesis ie management has a plan and a decent looking prospect and is funded well enough in order to complete their work proposal or has shown the ability to raise funds in a tough tough junior capital market, i can get in enough trouble with the deals i follow on an ongoing basis without going looking for trouble...lol...hope that clarifies why I didn't jump in but I hope it opens much higher and continues onward and upward as this market needs a few more winners...gl...hsb
moo.v getting some luv this am...aos just hit a nice gas well in the Ladyfern and I am led to believe moo has a 60K acres lease contiguous to the AOS ppty, as always be careful and dyodd...hsb
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MOONCOR OIL AND GAS CORP MOO:TSX VENTURE Stock
Last
Price 0.23 Open 0.175
Change $ 0.055 Change % 31.43%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.21(2) Ask (size) 0.23(18)
Volume 430,929 P/E -7.18
Today's
Range 0.175 - 0.23 52-Week
Range 0.04 - 0.53
# Orders Board Lots Bid Ask Board Lots # Orders
1 18 0.205 0.230 18 1
1 8 0.200 0.240 50 2
1 40 0.195 0.245 74 3
1 38 0.190 0.250 482 2
2 26 0.185 0.280 10 1
24 Mar 2009 10:55 AM ET Real-time quote TSX Venture
nope sorry...gltu though...hsb
moo.v getting some luv this am...aos just hit a nice gas well in the Ladyfern and I am led to believe moo has a 60K acres lease contiguous to the AOS ppty, as always be careful and dyodd...hsb
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MOONCOR OIL AND GAS CORP MOO:TSX VENTURE Stock
Last
Price 0.23 Open 0.175
Change $ 0.055 Change % 31.43%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.21(2) Ask (size) 0.23(18)
Volume 430,929 P/E -7.18
Today's
Range 0.175 - 0.23 52-Week
Range 0.04 - 0.53
# Orders Board Lots Bid Ask Board Lots # Orders
1 18 0.205 0.230 18 1
1 8 0.200 0.240 50 2
1 40 0.195 0.245 74 3
1 38 0.190 0.250 482 2
2 26 0.185 0.280 10 1
24 Mar 2009 10:55 AM ET Real-time quote TSX Venture
gxs.v rolling on pending news which is overdue...hsb
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GOLDSOURCE MINES INC GXS:TSX VENTURE Stock
Last
Price 2.18 Open 1.85
Change $ 0.35 Change % 19.13%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 2.16(1) Ask (size) 2.18(34)
Volume 314,970 P/E 0.00
Today's
Range 1.78 - 2.18 52-Week
Range 0.19 - 19.60
# Orders Board Lots Bid Ask Board Lots # Orders
1 1 2.160 2.180 34 1
2 28 2.140 2.190 35 2
2 27 2.130 2.200 122 7
1 5 2.110 2.220 5 1
3 65 2.100 2.240 60 2
23 Mar 2009 13:55 PM ET Real-time quote TSX Venture
gxs.v rolling on pending news which is overdue...hsb
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GOLDSOURCE MINES INC GXS:TSX VENTURE Stock
Last
Price 2.18 Open 1.85
Change $ 0.35 Change % 19.13%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 2.16(1) Ask (size) 2.18(34)
Volume 314,970 P/E 0.00
Today's
Range 1.78 - 2.18 52-Week
Range 0.19 - 19.60
# Orders Board Lots Bid Ask Board Lots # Orders
1 1 2.160 2.180 34 1
2 28 2.140 2.190 35 2
2 27 2.130 2.200 122 7
1 5 2.110 2.220 5 1
3 65 2.100 2.240 60 2
23 Mar 2009 13:55 PM ET Real-time quote TSX Venture
mci.v looks like it's strengthening again on the bid side...looks to go higher...hsb
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MOUNTAIN CAPITAL INC MCI:TSX VENTURE Stock
Last
Price 0.10 Open 0.09
Change $ 0.02 Change % 25.00%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.095(70) Ask (size) 0.10(81)
Volume 144,000 P/E 0.00
Today's
Range 0.085 - 0.10 52-Week
Range 0.015 - 0.68
# Orders Board Lots Bid Ask Board Lots # Orders
2 70 0.095 0.100 81 1
2 499 0.090 0.105 93 2
6 184 0.085 0.110 70 4
7 543 0.080 0.115 34 2
3 188 0.075 0.120 50 1
23 Mar 2009 11:43 AM ET Real-time quote TSX Venture
mci.v looks like it's strengthening again on the bid side...looks to go higher...hsb
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MOUNTAIN CAPITAL INC MCI:TSX VENTURE Stock
Last
Price 0.10 Open 0.09
Change $ 0.02 Change % 25.00%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.095(70) Ask (size) 0.10(81)
Volume 144,000 P/E 0.00
Today's
Range 0.085 - 0.10 52-Week
Range 0.015 - 0.68
# Orders Board Lots Bid Ask Board Lots # Orders
2 70 0.095 0.100 81 1
2 499 0.090 0.105 93 2
6 184 0.085 0.110 70 4
7 543 0.080 0.115 34 2
3 188 0.075 0.120 50 1
23 Mar 2009 11:43 AM ET Real-time quote TSX Venture
Timminco bleeds more red ink, expansion put on hold
Thursday March 19 2009 - Street Wire
by Lee M. Webb
Timminco Ltd., a former star performer on the Toronto Stock Exchange (TSX), has reported a net loss of $22.6-million or 22 cents per share for the year ending Dec. 31, 2008. The company, headed by Heinz Schimmelbusch, is curtailing its silicon metal production, laying off workers and putting the rest of its much-touted solar-grade silicon expansion on hold as it battens the hatches in an attempt to weather the current financial storm.
The once-glittering solar play, previously burnished by bullish analysts and buffed by starry-eyed reporters, has lost most of its twinkle since it rocketed to an all-time high of $35.69 per share in June of last year. In recent trading sessions Timminco has been struggling to stay above $2 per share and in the wake of the financial results released after the market closed on March 17 the stock plunged to a new 52-week low before regaining some ground.
Before turning to a review of the financial results and Timminco's conference call, Stockwatch will examine the company's announcement of a cost containment plan, which was also issued on March 17.
Throttling back
In conjunction with the release of its fourth-quarter and year-end financial results, Timminco issued a separate news release outlining a plan to cut costs in response to the global financial meltdown.
Beginning in the second quarter, Timminco will stop the production of silicon metal at its plant in Becancour, Que., due to difficult market conditions and reduced demand. The company will be laying off workers and filling silicon metal orders from existing inventory.
Undoubtedly of more interest and concern to investors, Timminco's cost-cutting measures extend to the company's solar-grade silicon operation.
"Timminco will continue to produce solar grade silicon, although at levels that bring production in line with customer orders," the company reported. "Customers for solar grade silicon have recently reduced their orders significantly due to the current market downturn."
While Timminco has avidly touted its solar-grade silicon supply contracts, even boasting that it was committed to supplying 16,000 metric tons of the upgraded metallurgical silicon (UMG Si) product in 2010, the company has been far from transparent with respect to pertinent details of those contracts.
During its third-quarter conference call on Nov. 11, 2008, Timminco claimed that it was not receiving any push-back from customers regarding its pricing, notwithstanding the fact that many industry players were already reacting to the global economic downturn and talking about reduced demand all along the supply chain.
It is now clear that there was considerably more wriggle room in Timminco's much-touted solar-grade silicon contracts than investors or analysts could divine from the company's boosterish news releases or management's upbeat, if vague, comments about the deals.
The March 17 announcement held perhaps an even more disappointing and surprising revelation.
"The company will defer further capacity expansion of its solar grade silicon facility pending recovery of demand for solar grade silicon," Timminco reported.
In the third-quarter conference call, Timminco's management bullishly reported that the company was forging ahead with the expansion of its Becancour solar-grade silicon operation to 14,400 metric tons per year. At that time, the company said that it would be adding one furnace per month through to June of 2009.
Under that schedule, Timminco should have been commissioning its ninth furnace during March. In fact, however, the company only had seven furnaces on stream when it announced on March 17 that it was deferring further expansion.
It is perhaps worth noting that, on Feb. 3, Timminco completed an equity offering of 7.04 million shares priced at $3.55 per share for gross proceeds of $25-million, netting $24.2-million. Timminco's parent AMG Advanced Metallurgical Group NV, coincidentally headed by Mr. Schimmelbusch, picked up $14-million of the offering.
While Mr. Schimmelbusch was undoubtedly up to date on Timminco's circumstances, it is not clear whether the remaining unidentified participants in the $25-million financing had any more of a clue about what was happening or, for that matter, were less surprised by the March 17 announcement than existing investors. In any event, all of the participants are under water now.
The numbers
For the fourth quarter of 2008, Timminco reported revenues of $72.7-million, with $27.7-million coming from the sale of 424 metric tons of solar-grade silicon at an average selling price of $65 per kilogram. The net loss for the quarter was approximately $1.3-million or a penny per share.
For the full year, the company reported consolidated sales of $252.6-million, with approximately $64.6-million contributed by the sale of 1,045 metric tons of solar-grade silicon at an average price of $62 per kilogram. The company rang up a net loss of $22.6-million or 22 cents per share for 2008, bumping its accumulated deficit to $104.2-million.
Timminco's inventories, which have been of concern to some analysts, rose by approximately $14.8-million during the fourth quarter and stood at a rather substantial $95.9-million at the end of the year, an increase of more than $55-million since the end of 2007.
As of Dec. 31, 2008, Timminco had approximately $4.6-million in cash and short-term investments, down from the $34.6-million reported a year earlier. At the end of the year, the company had a working capital shortfall of approximately $4.9-million.
Timminco's bank debt stood at $51.4-million at the end of the year, but the company still had $6.2-million (U.S.) available to it under its revolving credit facility. Moreover, the precarious year-end cash position was subsequently bolstered by the $24.2-million net proceeds of the February financing.
The company will be filing its audited financial statements, annual report and management discussion and analysis before the end of the month. Meanwhile, Timminco held a conference call approximately 30 minutes after releasing its results on March 17.
The spin
Mr. Schimmelbusch, participating from Amsterdam where AMG is headquartered, opened the conference call with some remarks about "the key highlights" of the fourth quarter and the year ending Dec. 31, 2008. For the most part, his opening remarks followed the script of the March 17 news release.
According to Mr. Schimmelbusch, 2008 was a transformational year for Timminco.
"Throughout the course of the year, we made significant progress in the build-out of our solar-grade silicon business, supporting our strategic decision to enter that industry," Mr. Schimmelbusch said. "As a result of increasing customer demand evidenced by seven long-term supply contracts, we embarked on the expansion of our productive capacity, commissioning a total of six purification lines during the year with one more added subsequent to year end."
Mr. Schimmelbusch went on to sketch Timminco's progress in solar-grade silicon production, which resulted in the company shipping approximately 1,045 metric tons of the product for proceeds of $64.6-million during the year.
"Average production cost in the fourth quarter was $30 per kilogram and I am very pleased to report that in December we achieved a cost of $26 per kilogram," Mr. Schimmelbusch said. "Clearly, we made significant progress in all facets of our solar-grade silicon operations in 2008.
"In recent months, however, the solar energy industry has experienced a significant slow-down due to the overall economic weakness and its impact on the demand for solar installations."
Before entering into a discussion about how Timminco planned to deal with the "short-term challenges" facing the industry, Mr. Schimmelbusch handed the call over to chief financial officer Robert Dietrich for a review of the company's financial results.
Mr. Dietrich ran through the numbers pretty much as set out in the March 17 news release, though he took a pass on talking about the figures relating to the Timminco's magnesium business, which the company is in the process of unloading.
Coming to the end of his recital, Mr. Dietrich put in a plug for AMG as his boss, who is also the head of the Amsterdam-based company, listened.
"I would like to close my remarks by recognizing the important contribution our parent company, AMG Advanced Metallurgical Group, has made in support of our solar-grade silicon strategy," Mr. Dietrich said. "AMG has participated proportionately in each round of equity financing over the past two years, including the most recent private placement.
"This financial support amounting to over $57-million in direct investment has been crucial to the development of Timminco's plan."
With that, Mr. Dietrich turned the call back over to Mr. Schimmelbusch.
"As encouraging as our progress and financial results were in 2008, the reality is that market conditions have since deteriorated considerably due to a weak global economy and a tight credit environment," Mr. Schimmelbusch remarked, acknowledging something that is probably obvious to anyone who has not been living in a cave for the past many months.
"As a result, we have experienced a decline in demand for our non-solar silicon metal products due to softness in both the chemical and aluminum industries," Mr. Schimmelbusch continued. "We have also seen customers under long-term contracts for solar-grade silicon temporarily reduce their orders."
As suggested above, given Timminco's secrecy with respect to the particulars of its solar-grade silicon contracts, that has come as a surprise to many investors.
"I have witnessed a number of downturns, some of them severe, in many years in the metal industry," said Mr. Schimmelbusch, who headed former giant German conglomerate Metallgesselschaft AG until getting the boot in 1993 after leading the company to the brink of bankruptcy. "My experience has taught me that minimizing risks through capital preservation, cost reductions and inventory management are essential during such periods.
"To that end, we have taken a number of decisive steps to temporarily eliminate non-essential capital expenditures and reduce our working capital requirements."
Mr. Schimmelbusch went on to outline the cost containment measures announced in the March 17 news release and noted earlier in this article.
"In our solar-grade silicon operation, we will adjust our output levels to be in line with customer orders," Mr. Schimmelbusch reported. "We are working closely with our customers to monitor their needs going forward.
"We will also defer further expansion of our solar silicon grade capacity until orders for solar-grade silicon in excess of existing capacity are confirmed."
After discussing some of the implications of the pending sale of the company's magnesium business, Mr. Schimmelbusch returned to the topic of Timminco's solar-grade silicon operation.
"Irrespective of short term challenges, we are moving forward to ensure that Timminco is well positioned as silicon markets recover," Mr. Schimmelbusch said. "Every day we are applying new learning to enhance and refine our purification process towards improving the quality and lowering the cost of our material.
"At the same time, we are developing new processes and methodologies to help our customers use our material better.
"Much of the value proposition for our product resides in the quality of the ingots that our customers are able to produce using our material.
"We know that we can increase the utility of our material by helping our customers use our material more efficiently and more effectively.
"To this end, in 2008 we installed ingoting capabilities, primarily for research and development purposes. We are sharing these experiences with our customers.
"Our customers are committed to upgraded metallurgical silicon and we believe that ongoing collaboration will have a mutually beneficial outcome.
"It is difficult to predict with any precision when market conditions will improve, although some industry observers are anticipating that supply and demand ratios may be in better balance by the end of 2009.
"The steps that we are taking to reduce risk and preserve capital favourably position the company to weather the short-term challenges.
"And our ongoing efforts to continue to increase the value proposition of our material will support our long-term success as the solar industry rebounds."
Meanwhile, some shareholders are clearly despairing over the languishing stock price and have little faith that there will be any imminent rebound.
The reaction
Investors may be able to tease a bit more information out of the regulatory filings due before the end of the month, but many evidently saw and heard enough on March 17.
On March 18, the share price was hammered as low as $1.60 before recovering to close at $2.26 as more than 3.9 million shares changed hands.
A more modest 733,462 shares traded as Timminco shed 17 cents to close at $2.09 on March 19.
Hey Serfcorp looks like your little co is starting to shake off the dust and get back in the game glad to see it was nicely in the green for you today hope it continues...hsb
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GLEN EAGLE RESOURCES INC GER:TSX VENTURE Stock
Last
Price 0.11 Open 0.095
Change $ 0.015 Change % 15.79%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.10(6) Ask (size) 0.11(7)
Volume 66,000 P/E 0.00
Today's
Range 0.095 - 0.11 52-Week
Range 0.03 - 0.15
# Orders Board Lots Bid Ask Board Lots # Orders
1 6 0.100 0.110 7 1
1 30 0.090 0.115 5 1
2 35 0.085 0.120 15 2
1 2 0.075 0.130 12 2
3 41 0.070 0.135 20 1
19 Mar 2009 19:37 PM ET Real-time quote TSX Venture
can.v continues to get it done...hsb
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CANACO RESOURCES INC CAN:TSX VENTURE Stock
Last
Price 0.095 Open 0.07
Change $ 0.025 Change % 35.71%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.07(13) Ask (size) 0.09(120)
Volume 168,000 P/E -1.24
Today's
Range 0.07 - 0.095 52-Week
Range 0.02 - 0.32
# Orders Board Lots Bid Ask Board Lots # Orders
1 13 0.070 0.090 120 2
2 30 0.060 0.095 25 2
1 21 0.055 0.100 100 1
6 252 0.050 0.105 50 1
2 55 0.045 0.110 61 3
19 Mar 2009 12:11 PM ET Real-time quote TSX Venture
can.v continues to get it done...hsb
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CANACO RESOURCES INC CAN:TSX VENTURE Stock
Last
Price 0.095 Open 0.07
Change $ 0.025 Change % 35.71%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.07(13) Ask (size) 0.09(120)
Volume 168,000 P/E -1.24
Today's
Range 0.07 - 0.095 52-Week
Range 0.02 - 0.32
# Orders Board Lots Bid Ask Board Lots # Orders
1 13 0.070 0.090 120 2
2 30 0.060 0.095 25 2
1 21 0.055 0.100 100 1
6 252 0.050 0.105 50 1
2 55 0.045 0.110 61 3
19 Mar 2009 12:11 PM ET Real-time quote TSX Venture
can.v continues to improve...asks are thin...hsb
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CANACO RESOURCES INC CAN:TSX VENTURE Stock
Last
Price 0.08 Open 0.07
Change $ 0.025 Change % 45.45%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.07(25) Ask (size) 0.08(1)
Volume 117,000 P/E -1.05
Today's
Range 0.07 - 0.08 52-Week
Range 0.02 - 0.32
# Orders Board Lots Bid Ask Board Lots # Orders
1 25 0.070 0.080 1 1
2 35 0.060 0.095 26 2
1 21 0.055 0.110 61 3
3 142 0.050 0.130 6 1
2 100 0.045 0.150 5 1
18 Mar 2009 13:06 PM ET Real-time quote TSX Venture
can.v continues to improve...asks are thin...hsb
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CANACO RESOURCES INC CAN:TSX VENTURE Stock
Last
Price 0.08 Open 0.07
Change $ 0.025 Change % 45.45%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.07(25) Ask (size) 0.08(1)
Volume 117,000 P/E -1.05
Today's
Range 0.07 - 0.08 52-Week
Range 0.02 - 0.32
# Orders Board Lots Bid Ask Board Lots # Orders
1 25 0.070 0.080 1 1
2 35 0.060 0.095 26 2
1 21 0.055 0.110 61 3
3 142 0.050 0.130 6 1
2 100 0.045 0.150 5 1
18 Mar 2009 13:06 PM ET Real-time quote TSX Venture
for Karen...hsb
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BOYUAN CONSTRUCTION GROUP INC BOY:TSX VENTURE Stock
Last
Price 2.00 Open 0.00
Change $ 0.00 Change % 0.00%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 2.00(56) Ask (size) 2.15(30)
Volume 0 P/E 0.00
Today's
Range 0.00 - 0.00 52-Week
Range 2.00 - 2.00
# Orders Board Lots Bid Ask Board Lots # Orders
3 56 2.000 2.150 30 1
1 100 1.000 2.200 60 1
1 500 0.500 2.250 30 1
2.450 40 1
2.500 25 1
16 Mar 2009 10:43 AM ET Real-time quote TSX Venture
welcome karen,
hope your first foray on the venture is not your last...there's not alot of outstanding shares(only 3,6 Mln common) and probably not too many investors are aware of the company yet but give it some time and some news here and there and things will change I would suspect...hsb
Boyuan Construction lists on the TSX-V
2009-03-10 21:24 ET - New Listing
Effective at the opening Wednesday, March 11, 2009, the common shares and debentures of Boyuan Construction Group Inc. will commence trading on the TSX Venture Exchange. The company is classified as an industrial company.
Corporate jurisdiction: Canada
Capitalization: unlimited common shares with no par value of which 3,659,741 common shares are issued and outstanding; unlimited preferred shares with no par value which are convertible into common shares on a 1:1 basis of which 21,270,259 preferred shares are issued and outstanding; 4,100 debentures with $750 value of which $3,075,000 are issued and outstanding
Escrowed shares: 2,330,219 common shares (three-year term); 16,036,760 preferred shares (three-year term)
Transfer agent: Computershare Investor Services Inc.
Symbol: BOY
Cusip No.: 10363P 10 4
Symbol: BOY.DB
Cusip No.: 10363P AA 2
Sponsoring member: Haywood Securities Inc.
Agent's warrants: 205,000 non-transferable share purchase warrants; one warrant to purchase one additional share at $2.00 per share up to Feb. 27, 2013
Details of the debentures
Terms: four years and one day from the date of their issuance and are redeemable in full on Feb. 28, 2013
Redemption: The debentures may be redeemed, at the option of the holder, in part, after two years
Interest: 11.75 per cent payable quarterly in arrears on Jan. 1, April 1, July 1 and Oct. 1 of each year commencing July 1, 2009
Conversion: The debentures are convertible into common shares of the company at $2.00 per share at any time six days prior to maturity date.
Clearing and settlement: The debentures will clear and settle through CDS and DTC.
Board lot: The debentures will trade in a board lot size of $750 face value.
For further information, please refer to the company's filing statement dated Feb. 27, 2009.
as mentioned here a few time can.v continues to improve...asks are slowly being eaten away...am hearing the chinese are interested in the tanzanian ppty...hmmm sounds good to me...hsb
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CANACO RESOURCES INC CAN:TSX VENTURE Stock
Last
Price 0.075 Open 0.065
Change $ 0.01 Change % 15.38%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.055(34) Ask (size) 0.075(8)
Volume 159,000 P/E -0.98
Today's
Range 0.065 - 0.075 52-Week
Range 0.02 - 0.32
# Orders Board Lots Bid Ask Board Lots # Orders
2 34 0.055 0.075 8 2
2 122 0.050 0.080 29 2
3 105 0.045 0.090 50 1
4 341 0.040 0.095 15 1
2 171 0.035 0.100 22 1
13 Mar 2009 13:01 PM ET Real-time quote TSX Venture
as mentioned here a few time can.v continues to improve...asks are slowly being eaten away...am hearing the chinese are interested in the tanzanian ppty...hmmm sounds good to me...hsb
* Provided by Recognia - Important information about Recognia - Read Terms and Conditions
CANACO RESOURCES INC CAN:TSX VENTURE Stock
Last
Price 0.075 Open 0.065
Change $ 0.01 Change % 15.38%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.055(34) Ask (size) 0.075(8)
Volume 159,000 P/E -0.98
Today's
Range 0.065 - 0.075 52-Week
Range 0.02 - 0.32
# Orders Board Lots Bid Ask Board Lots # Orders
2 34 0.055 0.075 8 2
2 122 0.050 0.080 29 2
3 105 0.045 0.090 50 1
4 341 0.040 0.095 15 1
2 171 0.035 0.100 22 1
13 Mar 2009 13:01 PM ET Real-time quote TSX Venture
Alix and Geo Announce Commencement of Drilling on Manitoba Coal Property
Last Update: 3/12/2009 12:18:41 PM
VANCOUVER, BRITISH COLUMBIA, Mar 12, 2009 (Marketwire via COMTEX) -- ALIX RESOURCES CORP. (AIX)(FRANKFURT:37N) and GEO MINERALS LTD. (GM) (The "Companies") announce drilling has commenced at the Companies' "Red Deer Lake" property located on the Manitoba-Saskatchewan border. This property lies between Goldsource Mines Inc.'s Saskatchewan Border property, which currently has a drill program under way, and the Pine River property located in Manitoba, all within the projected Durango trend.
Geo Minerals board member and geologist Paul Gray, P.Geo, is on site overseeing the program.
For further information we invite you to visit us at www.alixresources.com and www.geominerals.ca/ .
Alix Resources and Geo Minerals are each junior exploration companies actively seeking mineral and energy opportunities for the benefit of all our stakeholders.
ON BEHALF OF THE BOARD
Michael England, President
SOURCE: Alix Resources Corp.
Alix Resources Corp. / Geo Minerals Ltd.
Michael England
President
(604) 683-3995 or Toll Free: 1-888-945-4770
(604) 683-3988 (FAX)
www.alixresources.com
/
www.geominerals.ca/
Copyright (C) 2009 Marketwire. All rights reserved.
Alix and Geo Announce Commencement of Drilling on Manitoba Coal Property
Last Update: 3/12/2009 12:18:41 PM
VANCOUVER, BRITISH COLUMBIA, Mar 12, 2009 (Marketwire via COMTEX) -- ALIX RESOURCES CORP. (AIX)(FRANKFURT:37N) and GEO MINERALS LTD. (GM) (The "Companies") announce drilling has commenced at the Companies' "Red Deer Lake" property located on the Manitoba-Saskatchewan border. This property lies between Goldsource Mines Inc.'s Saskatchewan Border property, which currently has a drill program under way, and the Pine River property located in Manitoba, all within the projected Durango trend.
Geo Minerals board member and geologist Paul Gray, P.Geo, is on site overseeing the program.
For further information we invite you to visit us at www.alixresources.com and www.geominerals.ca/ .
Alix Resources and Geo Minerals are each junior exploration companies actively seeking mineral and energy opportunities for the benefit of all our stakeholders.
ON BEHALF OF THE BOARD
Michael England, President
SOURCE: Alix Resources Corp.
Alix Resources Corp. / Geo Minerals Ltd.
Michael England
President
(604) 683-3995 or Toll Free: 1-888-945-4770
(604) 683-3988 (FAX)
www.alixresources.com
/
www.geominerals.ca/
Copyright (C) 2009 Marketwire. All rights reserved.
mci.v continues to rebound from the oversold position...accumulate on any weakness imho...hsb
* Provided by Recognia - Important information about Recognia - Read Terms and Conditions
MOUNTAIN CAPITAL INC MCI:TSX VENTURE Stock
Last
Price 0.115 Open 0.095
Change $ 0.01 Change % 9.52%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.11(80) Ask (size) 0.115(40)
Volume 1,160,500 P/E 0.00
Today's
Range 0.095 - 0.12 52-Week
Range 0.015 - 0.68
# Orders Board Lots Bid Ask Board Lots # Orders
3 80 0.110 0.115 40 1
5 580 0.105 0.120 251 5
6 1130 0.100 0.125 320 6
2 200 0.095 0.130 150 2
1 200 0.090 0.135 318
mci.v continues to rebound from the oversold position...accumulate on any weakness imho...hsb
* Provided by Recognia - Important information about Recognia - Read Terms and Conditions
MOUNTAIN CAPITAL INC MCI:TSX VENTURE Stock
Last
Price 0.115 Open 0.095
Change $ 0.01 Change % 9.52%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.11(80) Ask (size) 0.115(40)
Volume 1,160,500 P/E 0.00
Today's
Range 0.095 - 0.12 52-Week
Range 0.015 - 0.68
# Orders Board Lots Bid Ask Board Lots # Orders
3 80 0.110 0.115 40 1
5 580 0.105 0.120 251 5
6 1130 0.100 0.125 320 6
2 200 0.095 0.130 150 2
1 200 0.090 0.135 318
mci.v nice pop on the day hope some here were able to participate, stock closed at the high of the day so better things should lie ahead...as always dyodd and don't be afraid to take some profits along the way...hsb
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MOUNTAIN CAPITAL INC MCI:TSX VENTURE Stock
Last
Price 0.105 Open 0.075
Change $ 0.025 Change % 31.25%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.095(30) Ask (size) 0.105(45)
Volume 375,500 P/E 0.00
Today's
Range 0.075 - 0.105 52-Week
Range 0.015 - 0.68
# Orders Board Lots Bid Ask Board Lots # Orders
1 30 0.095 0.105 45 3
2 165 0.090 0.110 150 2
5 310 0.085 0.115 125 2
5 198 0.080 0.120 110 4
3 264 0.075 0.125 45 2
11 Mar 2009 16:01 PM ET Real-time quote TSX Venture
mci.v nice pop on the day hope some here were able to participate, stock closed at the high of the day so better things should lie ahead...as always dyodd and don't be afraid to take some profits along the way...hsb
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MOUNTAIN CAPITAL INC MCI:TSX VENTURE Stock
Last
Price 0.105 Open 0.075
Change $ 0.025 Change % 31.25%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.095(30) Ask (size) 0.105(45)
Volume 375,500 P/E 0.00
Today's
Range 0.075 - 0.105 52-Week
Range 0.015 - 0.68
# Orders Board Lots Bid Ask Board Lots # Orders
1 30 0.095 0.105 45 3
2 165 0.090 0.110 150 2
5 310 0.085 0.115 125 2
5 198 0.080 0.120 110 4
3 264 0.075 0.125 45 2
11 Mar 2009 16:01 PM ET Real-time quote TSX Venture
GER.v looking a little like the red-headed step child...lol..u clearly know something the market does not...hsb
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GLEN EAGLE RESOURCES INC GER:TSX VENTURE Stock
Last
Price 0.095 Open 0.00
Change $ 0.00 Change % 0.00%
Large: 1d 5d 1m 3m 6m 1y 5y
Custom
Bid (size) 0.085(3) Ask (size) 0.095(5)
Volume 0 P/E 0.00
Today's
Range 0.00 - 0.00 52-Week
Range 0.03 - 0.15
# Orders Board Lots Bid Ask Board Lots # Orders
2 3 0.085 0.095 5 1
3 17 0.080 0.100 30 2
1 10 0.075 0.110 37 2
6 105 0.070 0.115 5 1
1 25 0.065 0.120 15 2
11 Mar 2009 15:08 PM ET Real-time quote TSX Venture
hey $treet,
mci.v starting to look like the retracement from the recent push to the mid teens is coming to an end and a renewed up leg could be at hand...put it on your watch screens for increased volume...hsb
mci.v starting to look like the retracement from the recent push to the mid teens is coming to an end and a renewed up leg could be at hand...put it on your watch screens for increased volume...hsb
aix.v and gm.v both getting going early on on speculation over imminent drilling on the adjacent gxs.s ppty congrats to those that listened and got in sub .10c...don't forget to take profits along the way...when your sitting on a double always a good idea to take 1/2 off the table and ride for free...imho...enjoy your trading day...hsb
aix.v and gm.v both getting going early on on speculation over imminent drilling on the adjacent gxs.s ppty congrats to those that listened and got in sub .10c...don't forget to take profits along the way...when your sitting on a double always a good idea to take 1/2 off the table and ride for free...imho...enjoy your trading day...hsb
aix.v and gm.v rolling on this latest announcement...drilling begins next week...hsb
Alix and Geo Announce Acquisition of Coal Prospecting Permits Approximately Two Kilometers From Goldsource's Latest "Split-Leaf" Discovery
Last Update: 3/6/2009 9:33:03 AM
VANCOUVER, BRITISH COLUMBIA, Mar 6, 2009 (Marketwire via COMTEX) -- ALIX RESOURCES CORP. (AIX)(FRANKFURT:37N) and GEO MINERALS LTD. (GM) (The "Companies") are pleased to announce the acquisition of an 80% interest in the "Hudson Bay" property from NuCoal Energy Corp. The Hudson Bay property is comprised of just over 7,000 acres of highly prospective Coal Prospecting Permits of which the closest boundary is approximately 2 kilometers from the Goldsource Mines' new Split-Leaf Coal Discovery. Portions of the acquired Coal Prospecting Permits extend across to the North side of the Red Deer River, a water feature, outlined in the map attached to the Goldsource news release of March 2, 2009.
In consideration for this 80% interest Geo and Alix will pay 75,000 shares each to NuCoal.
This transaction is subject to TSX Venture approval.
For further information we invite you to visit us at www.alixresources.com and www.geominerals.ca .
Alix Resources and Geo Minerals are each junior exploration companies actively seeking mineral and energy opportunities for the benefit of all our stakeholders.
ON BEHALF OF THE BOARD
Michael England, President
SOURCE: Alix Resources Corp.
Alix Resources Corp. / Geo Minerals Ltd.
Michael England
President
(604) 683-3995 or
Toll Free: 1-888-945-4770
(604) 683-3988 (FAX)
Websites:
www.alixresources.com
/
www.geominerals.ca
Copyright (C) 2009 Marketwire. All rights reserved.