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Very nice!
Let's take a ride (to da bank)after the WOLV assay results are released!
It's not about the amount of copper on the property that can be mined commercially?
Really?
It's not about good assay results?
Yeah, we all know what really matters to you. And it has nothing to do with WOLV proving up its resources.
Dilution? You mean WOLV exchanging shares in order to raise money to drill? How else do junior miners raise cash for their intitial exploration?
Previously, Rick Perry has shown that he is capable of remembering two out of three things at a time, and on Tuesday, at a campaign event in New Hampshire, he reportedly forgot both the United States voting age and the date of the general election. And he managed to make those mistakes in the same sentence, as The Washington Post recounts from a town hall meeting in the state:
"Those who are going to be over 21 on November 12th, I ask for your support," Perry said, eliciting a few chuckles from the crowd. "Those who won’t be, just work hard. Because you’re... counting on us."
CALGARY, ALBERTA--(Marketwire - Nov. 29, 2011) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce its interim financial and operating results for the three and nine month periods ended September 30, 2011 ("Q311") (all amounts in Canadian dollars unless noted):
THREE MONTH PERIOD ENDED SEPTEMBER 30, 2011
/T/
-- Net income for the three months ended September 30, 2011 was $21.0
million ($0.06 per share basic), compared to $1.2 million ($0.004 per
share basic) for the three months ended September 30, 2010.
-- 237% increase in total revenue to $46.8 million in Q311 compared to
$13.9 million in the third quarter of 2010 ("Q310").
Read more: http://www.digitaljournal.com/pr/504717#ixzz1f84TesDX
http://www.digitaljournal.com/pr/504717
You have no idea about drilling or drilling costs, do you?
It will take several million dollars for WOLV to complete a drilling program that fully proves up its resources.
If you think they can't do it, now would be a good time to sell your shares.
If we get good assay results, I don't think WOLV will have difficulties in raising money to drill in 2012.
Look at where other junior miners are trading today. Most are trading very low.
I do understand your frustration.
I know many are disappointed with the current pps, but look around, so many junior miners are not trading where they should.
TUCA is forging ahead with its strategy and will be acquiring more claims. I hope! Think diamonds!
Got in today!
PPS should not be in the teens!
Finally, signs of life here!
Not sure how the pr's were poorly drafted? If the pr is released and the pps goes up, would you be happier with their grammatical make up? Yes, I think you would.
The PR's were reviewed by a former Canadian Securities officer. Yes, Doubloon was not involved with that.
I think many here are frustrated at the low pps and are blaming all sorts of stuff.
Awaiting the assay results.
Let's compare WOLV to a near term copper producer with an average grade at .43%:
ON LONGSHOT RIDGE COPPER SKARN DEPOSIT AT NEW YORK CANYON PROJECT
VANCOUVER, BC, May 3, 2010 – Canyon Copper Corp. (the “Company”) (OTCBB:CNYC) is pleased to
announce that a Canadian National Instrument 43-101 report has been completed in which Giroux Consultants
Ltd. estimated indicated and inferred resources on the Longshot Ridge copper skarn deposit at the New York
Canyon Project. The New York Canyon Project is located in the Santa Fe Mining District, Mineral County,
Nevada.
Highlights
Highlights of the mineral estimate include:
-- Indicated resources of 16,250,000 tons at an average grade of 0.43% Cu hosting 139,750,000 pounds of Cu,based on a Cu cut-off grade of 0.20%.
-- Inferred resources of 2,900,000 tons at an average grade of 0.31% Cu hosting 18,210,000 pounds of Cu,
based on a Cu cut-off grade of 0.20%.
Anthony Harvey, CEO and President of the Company, comments “We are extremely pleased to complete this
mineral resource estimate on the Longshot Ridge copper skarn deposit. In order to continue moving forward on
the New York Canyon Project, we will focus on upgrading and expanding our resources and re-analyzing samples
from our 2006 drill program on Longshot Ridge.”
Mineral Resource Estimate
The mineral resource estimate is based on 58 historical drill holes and 38 drill holes completed by the Company
during the period from 2004 to 2005. This data was complemented with samples from 34 surface trenches and
road cuts obtained from Longshot Ridge by previous exploration operators. The mineral resource estimate did not
incorporate a further 33 drill holes (7 HQ diamond drill holes and 26 reverse circular holes) completed by the
Company in 2006. The Company’s consulting geologists have recommended that the 2006
I need to go back to school and learn how to read a PR.
Nice price movement today!
Assay results of .5% would be very good indeed.
Anyone suggesting otherwise is starting a campaign of mis-information.
Not so subtle a campaign at that.
YOu are hired!
We will pay you in shares. OK? Or maybe you can get to keep some of those kimberlite pipes. LOL
Hey there W-Tick,
Why don't you and your boys go out there and drill us some holes on the diamond properties? So we can get a head start on the drill program.
East Coast Canuck will give you the coordinates!
Happy post-Turkey day to all and good luck with Black Friday.
Drilling next year. Unless you can get some black bears to do the drilling for us. LOL
We may have more claims transferred to us. We may have diamonds on or near TUCA's properties.
You may need to sell your shares at this point, if you really need the money, and go chase some momo stock.
Looks like our next door neighbor and exploration partner is moving ahead as planned.
QUEBEC CITY, QUEBEC, CANADA--(Marketwire - Nov. 24, 2011) - NEMASKA EXPLORATION INC. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF.PK - News)(FRANKFURT:N0T.F - News) announces that it held, last November 22, its annual general and special meeting (the "Meeting") during which the shareholders of Nemaska re-elected Messrs. Michel Baril, Guy Bourassa, Yves Caron and Rene Lessard as well as Ms. Judy Baker as directors of the Corporation. Also, Ms. Vivian Wu, Vice President (Corporate Development) of Chengdu Tianqi Industry Group Co., Ltd., an integrated company group located in China involved in lithium compounds, minerals and agricultural machinery, will act as new member of the Corporation's Board of Directors. Moreover, during the Meeting, the shareholders of Nemaska voted in favour of the appointment of KPMG LLP as new external auditor of the Corporation until the next annual meeting of shareholders of the Corporation.
Adoption of a New Stock Option Plan
During the Meeting, the shareholders of the Corporation voted in favour of the adoption of a new stock option plan for the employees, officers, directors or consultants of the Corporation or any of its subsidiairies and the persons employed to perform investor relations activities (the "Plan"). The Plan is a rolling stock option plan pursuant to which a maximum of 10% of the issued shares in the capital of the Corporation being outstanding from time to time is reserved for the grant of stock options. The adoption of the Plan remains subject to the final approval of the TSX Venture Exchange.
Amendment to the Shareholder Rights Plan Agreement
The shareholders of Nemaska also adopted during the Meeting the resolution concerning the ratification of the amendment dated October 27, 2011 (the "Amendment") to the Shareholder Rights Plan Agreement entered into between the Corporation and Computershare Investor Services Inc. on October 28, 2010 and ratified during the annual general and special meeting held on November 22, 2010 (the "Rights Plan").
The Amendment allows Nemaska's Board of Directors, acting in good faith, to waive the application of the provisions pertaining to a Flip-in Event as provided in the Rights Plan in favour of a person who becomes a beneficial owner of 20% or more of the outstanding voting shares of the Corporation by way of a private placement or by a prospectus.
The Amendment remains subject to the final approval of the TSX Venture Exchange. Copies of the Rights Plan and the Amendment are available on the SEDAR web site at www.sedar.com.
Amendment to the Articles of Incorporation
Following the favourable vote of the shareholders during the Meeting, Nemaska announces that it amended its articles of incorporation for the purposes of allowing the directors of the Corporation in office to appoint one or more additional directors, who shall hold office for a term expiring not later than the close of the next annual meeting of shareholders, but the total number of directors so appointed may not exceed one third of the number of directors elected at the previous annual meeting of shareholders. This amendment to the articles of incorporation of the Corporation pertaining to the appointment of additional directors has been approved by the TSX Venture Exchange.
Furthermore, with respect to the amendment to its articles of incorporation, Nemaska has also changed its name for Nemaska Lithium Inc. The stock symbol of the Corporation will remain unchanged. The change of name is subject to the final approval of the TSX Venture Exchange.
About Nemaska
Nemaska is an exploration and development corporation involved in the James Bay region of Quebec. Nemaska intends to concentrate on the development of its Whabouchi lithium deposit and to conduct exploration work on its 100% owned Sirmac lithium project. Whabouchi deposit is easily accessible year round by either the Route du Nord from Chibougamau (280 km) or the Route de la Baie James from Matagami (380 km) and is located near the Cree community of Nemaska and the Nemiscau airport. Nemaska also owns 47.4% of Monarques Resources Inc. (TSX VENTURE:MQR).
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Nemaska to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
Electric cars and lithium batteries. The future.
Tesla is moving forward with its new Model S technology powering its electric cars.
Model S has the longest range of any electric car in the world, up to 300 miles on a single charge.
Tesla Motors (NASDAQ: TSLA) is showing off the advanced technology that powers Model S, the world's first sedan built from the ground up as an electric vehicle, in its stores across North America. The tour rolls out starting this Friday, November 25th. Event listings can be found at www.teslamotors.com/events.
The displays highlight the innovative components that make up Model S' drivetrain including the motor, battery pack, front suspension assembly, and rear drive unit. The tour is part of Tesla's strategy to introduce the public to the advantages of electric vehicles. Visitors to Tesla's North America showrooms can see and touch the building blocks of Model S while learning about them through interactive touchscreen experiences.
Equipped with Tesla's advanced electric powertrain, Model S provides instant torque and smooth acceleration from 0-60 in less than six seconds. The aluminum body is engineered for superior handling, safety and efficiency. With the most energy dense battery pack in the industry, and best-in-class aerodynamics, Model S has the longest range of any electric car in the world, up to 300 miles on a single charge.
The components on display demonstrate the superiority and efficiency of Tesla's electric vehicle architecture. Customers will be able to see how Model S' flat, lithium-ion cell battery improves rigidity and handling, how the rear drive unit is efficiently designed for maximum power, and how the lack of an internal combustion engine makes Model S stronger and safer.
"Tesla stores are designed to let people explore and learn about Tesla's technology for themselves," said VP of Sales and Ownership Experience George Blankenship. "You'll never see a 'Don't Touch' sign in a Tesla store. We want everyone -- from kindergartners to grandparents -- to come in and see for themselves why driving electric is the future."
The Model S components are just one pillar of Tesla's mission to reinvent the way people buy cars. Breaking from the traditional dealership model, Tesla stores entice, inform and engage prospective customers with innovative touch-screen interfaces, knowledgeable product specialists, and a virtual design studio where they can customize their own premium Model S sedans.
Hey pommie, we have 58 degree weather over here on the Left Coast!
Are you freezing in that damp and wet part of the world?
Go Liverpool, as always.
That's the plan, to stake claims to that kimberlite pipe property.
Will confirm this and report back.
Alain Champagne owns his own drilling company, by the way.
Could go out and start drilling on those diamond properties at some point!
Looking good here. TUCA said new claims would be transfered and here they are.
Check out this diamond company withQuebec properties: Trading at $1.00.
The Aeon Project represents 49,350 hectares of new claims in northern Québec where previous exploration work has indicated the potential for undiscovered and potentially diamondiferous kimberlites. The new claims, wholly owned by Stornoway are situated 300 kilometers north of the Company's Renard Diamond Project and approximately 100 kilometers north of the network of Hydro-Québec power stations located along the all-season Trans-Taiga Highway.
The Aeon area of interest was first identified by a regional geochemical sampling program designed to test the potential for diamondiferous kimberlites over a broad region of northern Québec. Subsequent follow-up sampling has now confirmed the potential for multiple kimberlites or kimberlite clusters localized within two 10 km by 10 km source areas. Kimberlite indicator mineral grain counts in anomalous samples are comparable to those associated with the discovery of the Renard Diamond Project to the south, and the chemistry of the indicator minerals is suggestive of a diamondiferous source. Renard represents the nearest known kimberlite cluster to the Aeon Project, although other kimberlites have been identified in the Wemindji area some 490km to the west and in the Torngat area approximately 530km to the northeast.
Stornoway initially applied for the Aeon claims in April 2011, and claim certificates were officially issued by the Ministère des Ressources Naturelles et de la Faune in July, 2011. During 2011, Stornoway will undertake a high-resolution airborne geophysical survey at the property, and conduct detailed till sampling and follow-up prospecting on high-priority targets with the goal of preparing for discovery drilling in 2012.
The Aeon Project is located within the region of northern Quebec governed by the James Bay and Northern Québec Agreement (1975, as amended; the "JBNQA"), a land claims agreement executed by the Government of Québec, the Government of Canada, Hydro-Québec, the Grand Council of the Crees (Eeyou Istchee) and the Northern Québec Inuit Association, amongst others. Within the context of the administrative regions of the JBNQA, the project is situated north of the 55th parallel. All required permits will be in place prior to exploration activities.
Recent Press ReleasesOct 3, 2011
Stornoway Provides Update On Pipeline Projects
Stornoway Diamond Corporation (TSX-SWY) is pleased to provide an update on activities at the company's diamond exploration pipeline projects.
View More +
Jul 11, 2011
Stornoway Announces Acquisition Of "Aeon" Claims In Northern Quebec
Stornoway Diamond Corporation (TSX-SWY) is pleased to announce the acquisition of 49,350 hectares of new claims in northern Québec where previous exploration work has indicated the potential
View More +
You don't need rocket scientists at the helm of a junior miner. You need mining guys with money connections.
It's all about good assay results, which I'm pretty sure we will get :) and .................raising money for more drilling next year.
End of story.
We now have a former Honeywell exec on our board!
Date : 11/21/2011 @ 5:18PM
Source : Business Wire
Stock : Viscount Systems Inc. (VSYS)
Quote : 0.31 0.0 (0.00%) @ 4:02PM
Dennis Raefield Joins Viscount Systems’ Board of Directors
PrintAlert
Viscount Systems Inc. (OTCMARKETS:VSYS) a high technology supplier of security systems and software, today announced the addition of Dennis Raefield to the Company’s Board of Directors.
Dennis Raefield has a long and distinguished career in the access control and security industry. Mr. Raefield was President of Honeywell Access Systems, a $100M+ division of Honeywell International, which manufactures enterprise level access control systems for Fortune 100 client.
A little pps manipulation eh?
News must be due out soon.
Yes, we are in diamond territory too! Have not given up on the lithium either. Drilling needed.
Canadian diamond mine team hit ‘home run’ at Quebec site: CEO
November 22, 2010, 9:16 AM
By Bill Mann
Diamonds may be a girl’s best friend, but gold has been some investors’ love interest in recent years.
But a dwindling world supply has diamonds becoming a good friend to investors. Resource-rich Canada, many will be surprised to learn, is now the world’s third-largest producer of diamonds, behind Russia and Botswana.
Could the much-coveted sparklers take some of the lustre off gold and literally become the next “Dow diamonds”? Diamond-price indexes have climbed steadily in recent years.
The first diamond mine in Quebec is coming closer to reality, says the enthused CEO of Vancouver-based Stornoway Diamond Corp.
The company’s share price (CA:SWY) has doubled in the past year, to 56 cents a share, as the mining outfit gets closer to production. According to the Toronto Star, the company had quite a bit of success “digging up bling” in Canada’s Northwest Territories in the 1990's, and is now partnered with the Quebec government in developing its next big project, the Renard diamond site in north-central Quebec. (There are also diamond mines in Ontario).
Actual diamond production is slated for as early as 2013, says Stornoway’s Scottish-born geologist/CEO, Matt Manson. The long-awaited, $510 million capital project keeps looking more and more promising as exploratory shafts are drilled and the size of the strike grows. At first, Manson told the Star, it looked as if the Quebec site had only a seven-year supply of diamonds. But the more the company dug looking for rough diamonds, the more an unusual phenomenon began to become evident to those at the surface.
Manson:
“During 2009, we discovered that one of our main ore bodies at Renard was actually four times bigger than we had previously thought. Kimberlites, which are the bodies that host diamonds, are supposed to be carrot-shaped, fat at the top and skinny at the bottom.
“Turns out, one of these ore bodies at Renard is upside down. And as we were drilling deeper we were getting all this extra tonnage, so by the end of the year we had tripled the size of the resource on the project.”
In other words, the upside-down carrot can produce far more carats than originally believed.
The company had to do a hostile takeover in 2006 to acquire the Renard property. At first, it didn’t look like a sparkling acquisition, Manson told the Star, Canada’s largest daily newspaper:
“We spent the first two years getting the project up to having the first formal resource calculation and first formal statement of economics. In December 2008, we put out the first study and it wasn’t setting the world on fire. Back then, it was only a seven-year mine life with pretty marginal economics. And this was in the middle of the credit crisis. So our stock hit 5.5 cents at the bottom after we had acquired it with all this fanfare two years before.”
“The conventional wisdom back then was to pack it up, conserve your cash. Luckily, the only kind of venture capital that was available to us in 2008 was Quebec super flow-through (a government program that provides tax incentives for grassroots exploration). Those funds were available to companies drilling from surface in Quebec. So here we had this asset that we could drill to make bigger, and we had a complete home run.”
So why couldn’t the company figure out how big the diamond deposit was the first time around?
“We just hadn’t drilled enough and didn’t have a good idea of the size of the ore bodies,” says Manson.
Diamonds are revered both inside and outside the mining industry, and Manson says they’re becoming scarcer these days — “we’re running out of them,” he told the Star, adding:
“If you look at all the mineable reserves of diamonds anywhere in the world, there’s only thought to be 12 to 13 years of supply left. So the hunt is always on. They don’t come along very often. In the exploration business, it’s probably the hardest commodity to find.”
When asked if his company will operate the mine once it’s in production or sell it off to the big players, he says, “We want to — and expect to — be the operators.
“We’re all in our late 30's or 40's. We’ve all worked for other mining companies, so this is our company-building exercise.”
Because this is a Canadian-mining operation, there’s no blood-diamond political downside here, either. Last summer, the company also signed an agreement with the local Cree indians to provide employment and business opportunities at the Renard site.
“We want to be in construction in 2012 and through 2013 in support of a production schedule beginning at the end of ’13 and beginning of 2014,” says Manson. “We’re contemplating a mine plan that has both open pit to start and then quite quickly we go underground with a shaft, and most of that 25 years will be underground.”
A Montreal Gazette story says the company expects to extract 30 million carats from the mine. That’s a whole lot of “bling.”
You buy the dips and sell high and buy more of a stock you like. Yes, I'm guilty of making good trading decisions.
I have tons of WOLV and hope I've made the right decision to stick with the company.
I sold because I was up big! Had nothing to do with a pump and everything to do with making wise trades.
ps. The decision to sell was mine. I know you want to twist everything so that it sounds like you got the shaft.
Best time to be buying is when the blood is flowing in the streets!
Everyone says they "get" this advice from the Baron De Rothschild, but very few dare pull the trigger.
I'm glad you did. You will be rewarded when TUCA announces that it has acquired properties that contain those kimberlite pipes (diamonds) or tells us about the next phase of exploration.
Yes, I have, and its not Greek to me either. To explain.
Have you ever heard of an exegesis?
Talk about the time to buy is when you see blood flowing the the streets!
Where is the spirit of the Baron De Rothschild, when you need him?
I still like TUCA and will await to hear about its plans for the next phase in its exploration program.
Not sure I would call my sentiments about the company "pumping." Just how I see it.
I remain positive because I like what I see with Nemaska and Monarques, I like the group that's behind TUCA, I like that more mining claims will be transferred to TUCA.
We are still early in the game.
A fellow long term optimist!
The way to real money in the OTC/pinks is to find companies with potential, accumulate a large position, wait for volume and ................sell? Hold? Always nice to have a few lotto tickets in your portfolio. eg. 2 mill shares that you can sell at .10 or .20. It can happen. Most of us accumulate shares on the dips.
This can take 1 or 2 years, but it does assure you that you will have a good average.
Here's my take.
They did these random grab samples, no drilling, and before they had the survey. They didn't really have a idea of where to look. Now they know, and so they can actually drill. None of us know what they might find! Just because some surface samples didn't have lithium, it doesn't mean jack! In fact, the very idea they found rem from a chisel and hammer is awesome. I expect them to drill in areas of interest and to find some great results. On top of all that, they are acquiring other land of interest.
My crystal ball is a bit foggy on exact dates.
If I knew the answers to those questions, I would not be slumming in the OTC/pinks, but sunning my toosh on some isle and flying to England next week to watch Liverpool beat Chelsea!
TUCA would need to get another team out to do drilling on the lithium property and maybe a team out to the areas that contain those kimberlite pipes. Gather samples etc.
We would get an announcement about that.
RebeccaRed,
Why is it that I feel we've met before on these boards? LOL
par for the course here...shareholder base is essentially blueblooded...
I would be happy to be back at .10.
If TUCA does more exploration of the kimberlite pipe properties (diamonds)that will be transfered by Alain Champagne, then we have a good shot at something higher.
It will all depend on that pesky drill bit, some awareness here and there, and some luck.
Total Phase I $805,750
To fully explore the potential of the property, a two-phase program is recommended. It is described in the proposed budget shown below:
Phase I (Compilation, geophysical and geological surveys and sampling with 2000 m of drilling)
Work Quantity Unit Unit cost Total
Compilation of the EM Input (SDBJ) and Dighem (2007) anomalies (location of anomalies and interpretation) $10,000
Line cutting (cut every 100 m and picketed every 25 m) on the main coincident Mag and EM anomalies. Provision of 125 km 125 km $550 $68,750
Ground geophysics, EM (MaxMin) and Mag 125 km $350 $43,750
Geology and prospecting on the cut lines and on the north part of the property (including room and board, transportation, etc.) $100,000
Stripping, trenching and sampling, all inclusive $50,000
Drilling on the target to be defined ($225/m, all inclusive) 2,000 m $225 $450,000
Report update, NI 43-101 and for statutory purposes $10,000
Contingency, estimated at 10% $7,250
Total Phase I $805,750
Phase II
Provision of 5,000 m of drilling to test the targets defined during Phase I 5000 m $225 $1,125,000
Report update, NI 43-101 and for statutory purposes $12,000
Contingency, estimated at 10% $113,700
Total Phase II $1,250,700
Total Phases I and II $2,056,450
Donald Theberge is a qualified person and has done numerous NI compliant reports in the past.
http://www.nemaskaexploration.com/documents/43-101%20Report%20Whabouchi%20property%20Oct%202009-01_low.pdf