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Pat when you have a chance, youv'e got mail...major computer troubles
TRGD has another partner which means they are not so tied to PRGD. Steadily building portfolio with partners paying for expansion and TRGD getting carried and shares in it's partners
Tara Gold Partners La Currita for Mill Expansion
Wednesday May 31, 8:08 am ET
CHICAGO, IL--(MARKET WIRE)--May 31, 2006 -- Tara Gold Resources Corp. (Other OTC:TRGD.PK - News) (Frankfurt:T8N.F - News) is pleased to announce that it has entered into an Option Agreement on the La Currita Groupings, including the La Currita Mill, with Raven Gold Corp.
ADVERTISEMENT
Raven Gold Corp has the option to earn up to 60% interest in the La Currita Groupings by making certain payments to Tara Gold, issuing 750,000 shares, making all remaining property payments and by spending a minimum of $3.5 million over the next 36 months. In addition to the capital investment on exploration and mill expansion outlined, Raven Gold Corp is also required to expand the La Currita Mill to a minimum of 4,000 tons per month before earning 40% and a minimum of 8,000 tons per month before earning 60% interest.
The property includes 4 mines, a 150 ton/day operating floatation mill and stockpiled ore. The La Currita mine was in steady production from 1983 until 1998. A diamond drilling exploration program conducted in 1998 indicated 109,000 tons of 2.59 g/t Au and 200 g/t Ag.
The area surrounding La Currita has numerous mines and recent substantial discoveries. Adjacent to the La Currita holdings, Palmarejo has announced an inferred resource of 3.1 million ounce gold equivalent on their property. In addition, about 20 miles to the SE is the 170,000 ounce/year Glamis Gold's El Sauzal gold mine and 40 miles to the North is Gammon Lake Resource's Ocampo Gold-Silver Project with a projected 270,000 gold-equivalent ounces/year.
Mr. Francis Biscan Jr., President of Tara Gold Resources, stated, "We welcome Raven Gold as a partner to expand and operate the La Currita Mill. Growing cash flow from the mill will benefit our shareholders and provide non-dilutive cash to continue to build our project portfolio with high quality gold and silver prospects."
About Tara Gold Resources Corp.
Tara Gold Resources Corp. is a growth-oriented precious metals exploration and development company with existing production. It is management's objective to become a significant gold and precious metals producer by increasing our current production at La Currita, re-initiating mining and production at Lluvia de Oro, and developing the San Miguel, La Millionaria, and Las Minitas projects in Mexico. We continue to acquire other advanced-stage projects and/or producing mines in one of the most prolific precious metal districts in the world. For more information, please visit the Company's web site at: http://TaraGoldResources.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Contact:
Tara Gold Resources Corp.
Website: http://www.TaraGoldResources.com
E-mail: richard@taragoldresources.com
Corporate Office: 630-462-2079
Investor Relations: 503-465-1983
Uranium boom heads for bust
By Stuart Kelly
24-05-2006
From: The Courier-Mail
BHP
Australia has about 40 per cent of the world's known uranium reserves, with the bulk in the Olympic Dam mine, north of Adelaide / NEWS.com.au
INVESTOR Michael Birch said he fields calls every week from stockbrokers offering new shares in uranium explorers, most of which have not found any of the metallic element used for nuclear fuel and would not be allowed to mine it if they did.
"You've got a lot of new stocks making extraordinary gains very quickly," said Mr Birch, from Wallace Funds Management in Sydney, who is avoiding the shares for the same reason he stayed clear of internet-related companies in the late 1990s – a lack of earnings.
"There doesn't seem to be much to back up their performance," he said. "It's like the dot-com boom all over again."
Toro Energy and U308 more than tripled soon after their initial public offerings on the Australian Stock Exchange in March and May.
They are among six uranium explorers listed so far this year. Three pending IPOs will help double the number of uranium-related stocks in Australia from a year ago.
Australia has about 40 per cent of the world's known uranium reserves and supplies about a fifth of all the metal mined. The bulk of the uranium is located in South Australia's Olympic Dam mine, owned by BHP Billiton (bhp.ASX:Quote,News).
Exploration companies are gambling that soaring global energy costs and China's plan to expand nuclear energy fourfold by 2020 would attract investors, even though Australia's state governments limit mining of uranium to just three mines.
Australia's Labor state governments banned the construction of new uranium mines beyond those three: BHP Billiton's (bhp.ASX:Quote,News) Olympic Dam mine, Energy Resources of Australia's Ranger mine in the Northern Territory; and Heathgate Resources' Beverley mine in South Australia. Heathgate is owned by San Diego-based General Atomics.
Prime Minister John Howard had urged states to end their bans on new mining, and there are signs that he's succeeding.
The Labor Party's energy spokesman, Martin Ferguson, said on March 31 that the bans' removal should be considered, while South Australian Premier Mike Rann already advocates abolishing it.
Paladin Resources, Australia's biggest uranium explorer, had bypassed the new mining ban in Australia by building the Langer Heinrich mine in Namibia, which is due to begin operating in September.
A $1000 investment in Paladin (ppx.ASX:Quote,News) on January 1, 2004, is now worth $73,600
. Perth-based Energy Ventures yesterday announced it had found uranium at its Njame North project in Zambia.
Toro soared to $1.40 three days after it was listed at 25 cents on March 24.
U308, named after the uranium oxide that makes up the majority of processed uranium ore known as yellowcake, soared 240 per cent on its May 9 debut.
Encounter Resources shares quadrupled three days after it listed on March 24. A-Cap Resources leapt 80 per cent on its May 19 listing, InterMet Resources jumped 33 per cent on its April 20 debut, while Primary Resources rose 7.5 per cent on its March 8 start.
Existing mining companies have also got in the act, further swelling the number or uranium-related companies.
Great Western Exploration jumped 146 per cent on May 4, when it said it would change its name to Uran Ltd and buy uranium assets in Eastern Europe.
Polaris Metals and Washington Resources gained 21 per cent and 15 per cent respectively on May 11, after saying they would spin off their uranium assets to form a new company, Northern Uranium.
Canada had experienced a similar trend.
The number of small-cap uranium stocks had doubled in the past year to 90, according to John Wilson, an analyst at Resource Capital Research, in a March quarterly review of the industry.
That compares with 65 uranium stocks in Australia, up 96 per cent in the past 12 months.
Ottawa-based Ur-Energy Inc., which explores in Nunavut in Canada and Wyoming in the U.S., jumped 99 per cent this year.
Uranium prices have surged almost fourfold in the past three years as countries turn to nuclear power generation.
Higher coal, gas and oil prices and pressure to cut greenhouse gas emissions, blamed for global warming, have prompted the switch.
The spot price of uranium was $42.75 a pound on May 17, up from $11 on May 14, 2003, according to industry publication Metal Bulletin.
On April 3, Australia signed an agreement with China permitting uranium sales to the world's fastest-growing major economy and Asia's biggest energy consumer for the first time. Exports may begin within four years.
Still, investors such as Brian Eley, a fund manager at Eley Griffiths Group, are sceptical that the recent surge in uranium-related stocks is justified, given that many explorers have yet to earn a dollar from uranium-related activities.
"This is even worse than the technology bubble in 2000," he said.
"Of all the uranium listings, I doubt that more than half-a-dozen will ever mine an ounce of uranium. These companies are getting extraordinary valuations based on pure speculation."
Neill Arthur, executive chairman of Uranium Exploration Australia Ltd, said last month that the timing of his company's first profit was "in the lap of the geological gods".
The company's shares are up 148 per cent this year.
Barry Dawes, a director of Uranium Exploration, argued that some of the gains are justified given the potential for uranium finds close to existing deposits.
"You only need one significant discovery and the whole lot will take off," Mr Dawes said.
"That's likely when you consider the vast tracts of prospective land that haven't been properly explored."
Uranium Exploration is searching within 50km of BHP's Olympic Dam, which holds the world's biggest known uranium deposit.
"It's a game, but a serious one at that," said Mr Dawes, who is a founding principal of Martin Place Securities Pty Ltd. in Sydney, which has helped raise $150 million in mining-related initial public offerings since 2000.
"There are a few ratbags out there, particularly among the later listings, so you have to be careful."
Wallace Funds' Mr Birch is sticking to existing producers, like BHP Billiton, the world's biggest mining company, and Rio Tinto Group, which controls Energy Resources of Australia.
"The fundamentals for the uranium industry look enticing, but you still need to actually dig the stuff up to make a buck out of it," Mr Birch said.
"I'm not so sure how many of these recently listed explorers will ever make it to that stage."
Please all majers have a safe and great Memorial day weekend. My father is 85 and in a wheel chair and is part of the Greatest Generation and I took him out this afternoon to the MS Sports Hall of Fame to start the holiday. Please remember those who serve and have served our country if you can. I see I did get a little CAPP at the close
LAWS OF THE NATURAL UNIVERSE
Law of Mechanical Repair:
After your hands become coated with grease, your nose
will begin to itch or you'll have to pee.
Law of the Workshop:
Any tool, when dropped, will roll to the least accessible corner.
Law of Probability:
The probability of being watched is directly
proportional to the stupidity of your act.
Law of the Telephone:
If you dial a wrong number, you never get a busy signal.
Law of the Alibi:
If you tell the boss you were late for work because you
had a flat tire, the very next morning you will have a flat
tire.
Variation Law:
If you change lines (or traffic lanes), the one you were in will start to move faster than the one you are in now (works every time).
Law of the Bath:
When the body is fully immersed in water, the telephone
rings.
Law of Close Encounters:
The probability of meeting someone you know increases
when you are with someone you don't want to be seen with.
Law of the Result:
When you try to prove to someone that a machine won't
work, it will.
Law of Biomechanics:
The severity of the itch is inversely proportional to the
reach.
Law of the Theatre:
At any event, the people whose seats are furthest from
the aisle arrive last
Law of Coffee:
As soon as you sit down to a cup of hot coffee, your boss will ask you to do something which will last until the coffee
is cold.
Murphy's Law of Lockers:
If there are only two people in a locker room, they will have adjacent lockers
Law of Rugs/Carpets:
The chances of an open-faced jelly sandwich landing face down on a floor covering are directly correlated to the newness and cost of the carpet/rug.
Law of Location:
No matter where you go, there you are.
Law of Logical Argument:
Anything is possible if you don't know what you are
talking about.
Brown's Law:
If the shoe fits, it's ugly.
Oliver's Law:
A closed mouth gathers no feet.
Wilson's Law:
As soon as you find a product that you really like, they will stop making it.
An elderly couple returned to their doctor to get their test results. After the mandatory forever wait, the doctor came in and told the old man that the tests were inconclusive and the he need to obtain another urine, stool and semen sample. Well the old man was hard of hearing and he asked his wife to repeat what the doctor said. She said in a perturbed way......."He wants your shorts, honey"
got filled on 14.8k of CAPP at .085
I like this pick Pat
if you get thru to him let him know how the market makers are selling aggravatingly small lots because he can do something about posting 5kx5k and then selling 200. I was involved in a similar situtaion and that company let it be known they did not appreciate a mm not making a market (their job) in their stock and it got better. Are you trying the number in Dallas or what number?
I called Etrade this am and asked who marketmaker GVR was, tring to get a fill on my CAPP order (still have only 200) from yesterday and I was told GVR is an inhouse etrade mm, but she could not call him to get my order filled because of legal boundaries or some such restriction within etrade....have AON order in at .08 but probably won't get filled but don't want to get nickle and dimed on 200 share lots
of 20866
Russian ministry seeks review of oil deals
>By Arkady Ostrovsky in Moscow
>Published: May 25 2006 13:34 | Last updated: May 25 2006 19:13
>>
Russia’s natural resources ministry called on Thursday for a review of the two largest foreign oil projects in the country, even as senior Russian officials sought to assure EU leaders that Russia was a reliable energy partner.
The ministry said the legal agreements underpinning oil and gas developments on Sakhalin island, on Russia’s eastern flank, were ineffective and should be reviewed.
It said it planned to ask the Duma, Russia’s lower house of parliament, to review production-sharing agreements signed in the 1990s, saying they were damaging Russia’s national interests.
Any review of PSAs would threaten the two largest foreign investments in Russia: the Sakhalin-1 project, on which ExxonMobil and its partners have already spent nearly $5bn; and the Sakhalin-2 project, in which Royal Dutch Shell and its partners are investing $20bn.
However, two Russian ministers insisted separately that all Moscow’s agreements with foreign energy companies would be honoured, suggesting a rift had opened within the government.
Speaking on the margins of a European Union-Russia summit in Sochi, Viktor Khristenko, energy minister, told the Financial Times that there were elements of the agreements Russia was no longer happy with.
“If I was signing them again today, I would do it differently,” he said. “But they are legal obligations for us. We are fulfilling them and we expect our partners to fulfil them.”
German Gref, Russia’s economy minister, added: “We can only work in the framework of the existing agreements.”
Chris Finlayson, the head of Shell’s Russia operation, said the company had been recently told by the energy ministry that existing PSAs would be honoured. “I have no reason to doubt this,” he said.
Nevertheless, the statement by Russia’s resources ministry comes as the Kremlin moves to reassert control over energy resources, helping state-controlled companies such as Rosneft and Gazprom gain influence.
Affiliates in Rosneft hold a 20 per cent stake in Sakhalin-1. Under the terms of an asset swap agreed last year, Gazprom is also set to acquire a 25 per cent state in Sakhalin-2.
Russia’s natural resources ministry also said it would start legal proceedings against Total, the French oil company, for allegedly violating its licensing conditions for the development of the Kharyaga oil field in the north of Russia.
Rinat Gizatulin, the spokesman for Yuri Trutnev, the minister for natural resources, yesterday told the FT: “We have all the evidence that Total’s use of the oil field is not effective.”
He said Total was unlikely to win a tender to participate in the development of a massive Shtokman gas field in the Barents Sea.
Total declined to comment.
Rosneft
Thursday May 25, 2:40 pm ET
That's handy. Rosneft, the state-owned Russian oil giant, had already secured the bulk of besieged rival Yukos's assets for a knock-down price. Yukos was forced to sell its Yuganskneftegas unit to help pay off back-tax claims and fines. Yugansk came with a tax liability of its own, totalling $4.7bn. In its latest annual accounts, Rosneft discloses that a Moscow court decided last month to reduce that claim by over 80 per cent.
ADVERTISEMENT
Those looking for an explanation as to this turn of events might look to the notes in Rosneft's accounts: "Legislation and regulations regarding taxation in Russia continue to evolve." Quite. Last December, regulators slapped another claim of $3.5bn on Yukos for the year 2004 - an amount equal to 115 per cent of the company's revenues for that year. Coming just weeks before Rosneft is due to list, the timing is fortuitous indeed. It also confirms the acquisition of an asset worth perhaps $30bn or more for less than a third of that amount.
Even in today's more risk-averse times, anyone who wants exposure to a potential new phase of growth in Russian oil and gas badly enough will invest in Rosneft. The Kremlin's backing counts for a lot these days. Reports emerged on Thursday suggesting an even harder line being taken on foreign participation in Russian upstream oil and gas projects.
There is still much with which investors have to get comfortable. Rosneft's latest accounts came replete with qualifications. Under US Securities and Exchange Commission definitions, Rosneft's record on finding new resources does not look particularly good either; organic reserves replacement over the past three years was negative.
Then again, when you can buy four-fifths of your upstream reserves for about $1 per barrel, why bother with the tough stuff?
My disappointment stems from the share dilution in the sense that now we are 6% minority stock holders.
Updated/Verified 4-6-06
O/S - 243 million (180 million +Recent amounts as indicted in latest filing for "Employee Stock Option Plan" are restricted)
which to me says at that time there were 63 million in the float and stock options granted
Now we have:
The merger was effective by the issuance of 357,186,230 (59%) restricted common shares, whereby management has decided not to cause the company to perform a reverse stock split of its shares and therefore the total issued and outstanding post merger is 605,400,387 of which 567,146,124 (94%) are restricted and 38,254,263 (6%) are registered "free trading."
so 25 million were given as stock options (63-38)
What I don't understand is the idea that resricted shares don't really matter, only the float. WRONG, they are still part of the share count when doing shareholder equity and earnings per share. Plus they may have to dilute further for financing for production. All of you who say you are Long term, is that until May 2007? and then sell b4 the unrestricted shares become available. That's a lot of shares coming. This share structure or rather suprise is why it dropped....welcome to the wild west of pinks. You got diluted beyond what was told to you, and now its either deal or no deal I guess for each individual
I wonder how much of the drop in ACMG was due to the PR from NDOL which many were suprised at and lost some credibility after the number of shares in their reverse merger were announced. When that PR came out on NDOL we immediately went below .07 even though we have nothing to do with NDOL
they may have a different symbol but that's who Etrade said it was ...wound up upping my bid to .07, so of course it moved to 7x9 with new .08 sale
GVR was the marketmaker and he refused to fill balance of 5k..oh well not going to chase it today. I will just leave order in and hope it fills later.
Speaking of pink sheet oil stocks FDEG sure would have been a good trading stock as it seems to channel between .07 and .14 pretty much a given. Sold a long time ago at .18 I think
I get upset when they show 5k at .05 by 5k at .06 and they sell you 200..maybe etrade can at least get me 5k..he said he would call me back
yes...i tried to buy 25k at .06 when it was .05x.06 and $#&$MM filled me for 200 and immediatly moved to .06x.08 LOL on the phone with etrade as i type 1handed
now .07x.08
I guess I'm in the don't give a crap camp on this one LOL. After reading their news and the IHUB board, I hope Momo takes it whenever Britany or someone else wears a pair. Did well on TRLG but sold way too early
LYJN...60 million supposedly but waiting on filings...not sure yet but that is what SI board says...also a IHUB board
trying for a position in LYJN.PK at $.41. I love the idea and would like for it to develop like TRGL. I know this is an expensive stock for this board, but has anyone looked at it and your thoughts please?
http://www.lyricjeans.com/
I saw this but there is no pink sheet symbol to buy it on US side, but it looked interesting
Cheyenne Releases First Quarter Results
CALGARY, ALBERTA--(CCNMatthews - May 24, 2006) - Cheyenne Energy Inc. (TSX VENTURE:CHY) ("Cheyenne" or the "Company") is pleased to announce their financial and operating results for the three months ended March 31, 2006.
HIGHLIGHTS
------------------------------------------------------------------------------------------------------------------------------------------------ Three Months Ended March 31, 2006 2005 % Change------------------------------------------------------------------------FINANCIALPetroleum and Natural Gas Revenue ($) 1,320,836 507,611 160
------------------------------------------------------------------------Cash Flow from Operations ($) 498,836 55,852 793 Per Share-Basic and Diluted 0.04 0.01 300
------------------------------------------------------------------------Net Income (Loss) ($) 48,619 (43,290) (212) Per Share-Basic and Diluted 0.01 (0.01) (200)
------------------------------------------------------------------------Capital Expenditures, Net ($) 1,860,037 766,645 143
------------------------------------------------------------------------Working Capital Deficiency ($) 3,677,763 2,449,889 50
------------------------------------------------------------------------Common Shares Outstanding ('000s) Basic 15,493 14,169 9 Diluted 15,681 14,376 9Weighted Average Common Shares Outstanding ('000s) Basic 15,493 14,169 9 Diluted 15,493 14,187 9
OPERATIONSAverage Daily Production Natural Gas (MCF/d) 1,763 737 139 Crude Oil and NGLs (BBLS/d) 11 9 22 Barrels of Oil Equivalent (BOE/d 6:1) 305 132 131
------------------------------------------------------------------------Average Product Prices Realized Crude Oil (CDN$/BBL) 63.34 58.49 8 Natural Gas (CDN$/MCF) 7.91 6.97 13 Barrels of Oil Equivalent (CDN$/BOE) 48.05 42.89 12------------------------------------------------------------------------------------------------------------------------------------------------
In this report, all references to barrels of oil equivalent ("BOE") are calculated converting natural gas to oil at a ratio of six thousand cubic feet of natural gas to one barrel of oil. This is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
"Cash flow from operations" is a non-GAAP measure that represents cash generated from operating activities before changes in non-cash working capital. The Company's determination of cash flow from operations may not be comparable to that reported by other companies.
PRESIDENT'S MESSAGE TO SHAREHOLDERS
The first quarter of 2006 resulted in strong financial results once again for Cheyenne with positive cash flow and net income for the period of $499,000 and $48,600, respectively, compared to cash flow of $55,800 and a net loss of $43,300 a year earlier. Higher production volumes and bullish commodity prices prevailed to offset the ever-increasing cost pressures in the oil and gas industry.
The Company is pleased to report improved average quarterly production of 305 BOE per day, an increase of 131% over the prior year. The commodity mix remains split at 96% natural gas and 4% liquids with 82% of the production coming from the Cessford core area.
Despite cost increases across the oil and gas industry for services and labor, the Company was effective in decreasing operating costs to $7.27 per BOE for the first quarter of 2006 compared to $11.86 per BOE for the same period in 2005. Part of the decrease on a BOE basis is the increase in the production base and partly due to Management's control systems in place to review operations resulting in the shut-in of a non-economic well in Camrose late in 2005.
In the face of a shorter winter drilling season and robust market competition for resources and oil and gas services, the Company managed to secure a drilling rig for its developmental capital program at Camrose and a service rig for the completion of the exploratory well at Hawk. The Company's completion program at Hawk was suspended until the second quarter when the environmental and wildlife regulations allow for re-entry into the operational area. During the first quarter, the Company participated in an early Crown land sale and increased its holdings to 23 contiguous sections in this prospective trend.
The developmental drilling program at Camrose resulted in one well being abandoned and one well being cased, completed and perforated in the Basal Quartz zone. Initial logs indicated 10 meters of gas-bearing potential in the zone. Further testing on water encountered in the zone is being performed to determine its origin and the sour content.
For the remainder of 2006, the Company plans to complete the evaluation of the 95% working interest exploratory well at Hawk. The results of the evaluation will bear heavily on the location of and number of wells to be drilled in this area over the short term. The Company has identified a number of locations for follow-up. With the attractive oil prices and significant premiums being paid for lighter oil, the Company is anxious to receive the results of the testing and move forward with the next steps in the capital program. At the Company's Camrose core area, plans are to shoot seismic to further delineate the gas play in the Glauconite formation and its aerial extent.
LIQUIDITY & CAPITAL RESOURCES
The Company's net negative working capital position at March 31, 2006 totaled $3,677,800. The Company has a revolving production loan with a financial institution with $2,075,000 drawn on the $3,000,000 available and a developmental demand loan with a financial institution, of which $nil was drawn on the $700,000 available at March 31, 2006. The Company has a loan payable to a shareholder of the Company in the amount of $100,000, which is due July 31, 2006. At March 31, 2006 the Company was in breach of its bank covenant requirement to maintain a 1:1 working capital ratio.
At May 23, 2006 the Company had 15,493,187 common shares outstanding; 88,235 broker options outstanding with an exercise price of $0.85 per option; 100,000 warrants outstanding with an exercise price of $0.70 per warrant; and 200,000 stock options outstanding with an exercise price of $0.55 per option. The stock option plan, under which the stock options were granted, has not been approved by the shareholders and will be voted on by the shareholders at the annual meeting on May 25, 2006.
OBJECTIVES & OUTLOOK
The Company will continue to develop production from its core producing areas of Cessford and Camrose and further delineate the Glauconite gas formation at Camrose while developing future drilling locations at Hawk in northwestern Alberta. Further production estimates and guidance are delayed until the Company can complete its evaluation on the potential Gilwood oil well at Hawk. The final results of the evaluation are expected sometime in the second quarter once the environmental and wildlife access restrictions are lifted and the Company can re-enter the operational area.
Additional Information
Complete financial statements and additional information relating to Cheyenne is available on the Company's website at www.cheyenneenergy.com or on SEDAR at www.sedar.com.
This press release contains forward-looking statements. These forward-looking statements can generally be identified as such because of the context of the statements including words such as the Company "believes", "anticipates", "expects", "plans", "may", "estimates" or words of a similar nature. These statements are based on current expectations and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, readers are cautioned and no assurances can be given that any of the events anticipated by the forward-looking statements will occur, or if any of them do so, what benefits that we will derive there from. The Company does not undertake any obligation to publicly update or revise any forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
Cheyenne Energy Inc.
Tim Cooney
President & CEO
(403) 296-2590
or
Cheyenne Energy Inc.
Adeline Roth
Vice President Finance & CFO
(403) 296-2590
Email: admin@cheyenneenergy.com
Website: www.cheyenneenergy.com
SGUK.PK....I don't remember, but they were into photocopy machines from what I remember. I'm sure I'm wrong but I tried to call and got cell phone voice mailbox
On TMXU, can you explain what this form is for they submitted Mon. If less than 300 shareholders they don't have to report and going private?
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Tmex Usa, Inc.
(Exact name of registrant as specified in its charter)
2533 N Carson St, Carson City, Nevada 89706
(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)
Common Stock, Par Value $0.001 Per Share
(Title of each class of securities covered by this Form)
N/A
(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1)(i)
/x/
Rule 12h-3(b)(1)(i)
/x/
Rule 12g-4(a)(1)(ii)
/ /
Rule 12h-3(b)(1)(ii)
/ /
Rule 12g-4(a)(2)(i)
/ /
Rule 12h-3(b)(2)(i)
/ /
Rule 12g-4(a)(2)(ii)
/ /
Rule 12h-3(b)(2)(ii)
/ /
Rule 15d-6
/ /
Approximate number of holders of record as of the certificate or notice date: app. 300
Pursuant to the requirements of the Securities Exchange Act of 1934, Tmex Usa, Inc.., a Nevada corporation, has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.
Date:
May 22, 2006
By:
I saw your post on SI that it had changed to June 29. Are you playing this or what are your thoughts? TIA Mark
HISC – 05/24/06 LAST DAY TO COVER SHORTS AND RECEIVE STOCK SPINOFF
(May 24, 2006) - Today is the last day for short sellers of Homeland Integrated Security Systems, Inc. (PS: HISC) stock to cover short positions and receive the OTC-BB listed stock spinoff payable to shareholders of record date May 30, 2006. Any traders closing short positions after today will be required to repurchase both the HISC stock and the OTC-BB listed stock spinoff to return to the
Congrats to those still holding TRGD....God bless the Germans
When PGDP got listed in Germany it went from .80 to $3 in about a week. I sold some on the news at .36 hoping to buy back in lower and now I am VERY remorseful, but booked a profit. This move is on very little volume comparitively
nice recovery....god bless the Germans
Tara Gold Gains Frankfurt Stock Exchange Listing
Tuesday May 23, 9:00 am ET
CHICAGO, IL--(MARKET WIRE)--May 23, 2006 -- (Other OTC:TRGD.PK - News) and (Frankfurt:T8N.F - News) Tara Gold Resources Corp. (the "Company") is pleased to announce that its shares have been accepted for listing and is now trading on the Frankfurt Stock Exchange under the trading symbol "T8N" and the German Securities No. (WKN) "A0JEFM."
ADVERTISEMENT
Mr. Francis Biscan Jr., President of Tara Gold Resources, stated, "European investors have shown an interest in Tara Gold due to our near-production projects, with substantial exploration potential, where there is leverage to rising commodity prices. We welcome our new shareholders and provide a summary of our priority projects for their benefit."
Las Minitas: Historical work indicates three mineralized zones of interest that contain a potential of 22 million tons of ore grading 20 oz/t silver and 0.08 oz/t gold. Metallurgical testing indicates that 90% recoveries may be achievable by cyanidation alone. An independent National Instrument 43-101 technical report has been commissioned.
Lluvia de Oro: The property includes one open pit mine, two heap leach pads and a gold recovery plant. Historical information indicates that the mine has an initial reserve of 4.6 million tonnes grading 0.82g Au/t or 121,000 ounces. Exploration drilling delineated an additional higher-grade resource of approximately 4.5 million tonnes grading 0.95g Au/t along the same structure. Tara Gold has optioned an 80% interest to Columbia Metals which is developing a plan to re-initiate mining and production.
San Miguel Groupings: Historical drilling indicates a silver resource of 32 million ounces at a grade of close to 5 oz/t. There is excellent potential to upgrade and expand this resource as initial indications are that this resource is part of a 4,000 m continuous mineralization zone. Tara Gold has given Paramount Gold an option to earn 70% interest. Paramount Gold is currently conducting a trenching and drilling program at the property.
La Currita: The property includes 4 mines, a 150 ton/day operating floatation mill and stockpiled ore. The mill is currently operating but opportunity exists to increase processing capacity and re-start several mines. Tara Gold is currently analyzing the implementation of a capital improvement program to increase revenue generated.
La Estrella: Mineralized veins vary between 0.15 and 1.8 m and average 0.53 m in width over known strike length of 175 m underground. The average grade of the mined zone has been 8.06 g/t gold and 715 g/t silver over a 900 m strike length. This acquisition will be a key supplier of high grade ore to the operating mill at La Currita.
La Millonaria: This property includes 4 concessions with formerly producing gold mines. A study of the existing waste dump shows 27,000 tons of an average gold grade of 9.7 g/ton and an average silver grade of 96.7 g/ton. This property has the potential to generate cash flow in a relatively short to intermediate timeframe.
Cautionary Note
From Value Microcap board
Posted by: cliffvb
In reply to: cliffvb who wrote msg# 44364 Date:5/22/2006 1:33:19 PM
Post #of 44424
G H L T-Just a follow up to this pinkie without financials and a $90 mil mkt cap that just gave such rosy forward guidance with 7000% increase in profit and 78% NET Profit margins. Since they are in my neck of the woods in Bremerton Wa (no address at their website but I found an address from the pinksheets website). I drove out to 5869 W. Werner Rd. Their are two small warehouses (maybe 1200 sq. ft each with one man offices in front. One of them had a "For Rent" sign on it and the other looked like a coffee distribution company but nobody was there and the doors were locked.
Len can zap this post but since it was recommended by someone, I thought some might be interested. I would run fast from this one.
GDX - Minning ETF is now trading:
The first exchange-traded fund to invest in shares of public gold-mining companies began trading Monday on the American Stock Exchange, following up on the popularity of ETFs that hold gold and silver bullion.
Van Eck Global, a firm specializing in hard-asset funds, launched the Market Vectors-Gold Miners ETF (GDX), which is designed to track the performance of the Amex Gold Miners Index.
The benchmark holds 44 mining stocks, including Newmont Mining Corp. (NEM), Barrick Gold Corp. (ABX) and Goldcorp Inc. (GG), according to the Amex.
"The vulnerability of the U.S. dollar, the twin deficits and other financial imbalances could lead to economic stress that supports a continued positive view on gold-related investments," said Joseph Foster, a portfolio manager at Van Eck.
The new ETF "is designed for investors looking for the traditional diversification benefits of gold-related investments as well as the liquidity that intraday trading provides," he added. ETFs are baskets of securities that trade - like stocks - on exchanges so they can be sold short. The specialist for the ETF is Goldman Sachs Execution & Clearing LP.
The ETF closely follows the success of streetTRACKS Gold Trust (GLD), iShares Comex Gold Trust (IAU) and iShares Silver Trust (SLV).
The silver ETF recently held a successful launch after a controversial registration period, while the streetTRACKS Gold Trust has ridden the metals boom to a 56% return over the past year, according to Morningstar Inc.
However, the new Van Eck offering tracks an index of mining companies, while the trio of earlier ETFs holds the metal in a vault with the shares representing ownership in physical gold or silver. Those stocks tend to be more volatile than the actual metals, while owning bullion removes the normal risks of investing in companies.
Shares of Market Vectors-Gold Miners ETF were down 1% recently to $36.15 on its first trading day.
I thought it said something like "me likey oil and gas" in your previous post LOL
SGUJ.PK....I tried to call the company and I got a cell phone voice mail that was full, but I don't think they are still in the O&G business though
If oil continues to sell off early this am, I will look at EWC puts as the follow thru may continue tomorrow. I don't understand why about 50% of EWC is CN banks though. Any thoughts?
Victoria Day
Sovereign's birthday
The Sovereign's birthday has been celebrated in Canada since the reign of Queen Victoria (1837-1901).
May 24, Queen Victoria's birthday, was declared a holiday by the Legislature of the Province of Canada in 1845.
After Confederation, the Queen's birthday was celebrated every year on May 24 unless that date was a Sunday, in which case a proclamation was issued providing for the celebration on May 25.
After the death of Queen Victoria in 1901, an Act was passed by the Parliament of Canada establishing a legal holiday on May 24 in each year (or May 25 if May 24 fell on a Sunday) under the name Victoria Day.
The birthday of King Edward VII, who was born on November 9, was by yearly proclamation during his reign (1901-1910) celebrated on Victoria Day.
It was not an innovation to celebrate the birthday of the reigning sovereign on the anniversary of the birth of a predecessor. In Great Britain, the birthdays of George IV (1820-1830) and William IV (1830-1837) were celebrated on June 4, birthday of George III (1760-1820).
The birthday of King George V, who reigned from 1910 to 1935, was celebrated on the actual date, June 3 or, when that was a Sunday, by proclamation on June 4.
The one birthday of King Edward VIII, who reigned in 1936, was also celebrated on the actual date, June 23.
King George VI's birthday, which fell on December 14, was officially celebrated in the United Kingdom on a Thursday early in June. Up to 1947 Canada proclaimed the same day but in 1948 and further years settled on the Monday of the week in which the United Kingdom celebration took place. George VI reigned from 1936 to 1952.
The first birthday of Queen Elizabeth II, in 1952, was also celebrated in June.
Meanwhile, Canada continued to observe Victoria Day. An amendment to the Statutes of Canada in 1952 established the celebration of Victoria Day on the Monday preceding May 25.
From 1953 to 1956, the Queen's birthday was celebrated in Canada on Victoria Day, by proclamation of the Governor General, with Her Majesty's approval. In 1957, Victoria Day was permanently appointed as the Queen's birthday in Canada. In the United Kingdom, the Queen's birthday is celebrated in June.
Attached is a list giving the dates of the observance in Canada of the Sovereign's birthday since Queen Victoria.
Observance in Canada of the Sovereign's Birthday
Sovereign Official celebration Natural birthday
Queen Victoria
(1837-1901) 24 May 24 May
King Edward VII
(1901-1910) 24 May (Victoria Day) November 9
King George V
(1910-1935) June 3 June 3
King Edward VIII
(1936) June 23 June 23
King George VI
(1936-1952) Wednesday June 9, 1937
Thursday June 9, 1938
Saturday May 20, 1939 (Royal Visit)
Thursday June 13, 1940
Monday June 9, 1941
Monday June 8, 1942
Wednesday June 2, 1943
Thursday June 8, 1944
Thursday June 14, 1945
Monday June 10, 1946
Tuesday June 10, 1947
Monday June 7, 1948
Monday June 6, 1949
Monday June 5, 1950
Monday June 4, 1951 December 14
Queen Elizabeth II
(1952- ) Monday June 9, 1952.
Since 1953, on Victoria Day April 21
From SI on lab assay results...thought it explained timeline well on core samples sent to a lab
To: george wohanka who wrote (37845) 5/21/2006 11:13:39 PM
From: E. Charters Read Replies (1) of 37847
E. Charters, can you explain some of details involved in obtaining a fire assay?
# 20 samples. crushing and grinding. 1/2 hour. lab prep and adding sample 1/2 hour per sample group. furnace melt 29 minutes for group of 10-20. squaring buttons prep, driving lead-cuppelation 1/2 hour. parting in fume hood with nitric acid, 15 minutes. drying beads, weighing - 20 minutes. Total turn around 2.5 hours.
Generally a two man lab and one man crushing room would turn out 100 samples in 8 hours.
Are there lots of labs in Ontario?
# There are two in Kirkland Lake, one in Cobalt, Three in Thunder Bay, one in Red Lake, three I believe in Toronto, one in Peterborough. 3 of the previous are SGS Lakefield. Some mines have their own labs. There used to be one in Sudbury. There are two in Ottawa. There is one in Calgary and several in Vancouver. (ALS Chemex, and Acme are two.) I think there are two in Val D'Or area. Bourlamaque is one. There are two in Kamloops. Eco Tec is one.
About how long does it take to get a lab to accept take on a job.
# about 15 minutes on the phone.
assuming 1,000 meters of core, is it correct to say the cores are split then ground then analyzed?
# split first, shipped then processed by lab.
How long does it generally take per 1,000 meters or any other proper way to define how a job is contracted.
# splitting should take one week.
Bottom line is, how long should it take between "assay results pending" and a release of such results.
# Depends on how busy the labs are. 2 years ago, Swastika was doing 900 samples per day. Most of the work was for one company. They said lead time to get to the sample was one month. Earlier last year they were freeer and they could get to the samples within one week. Now it is anybody's guess. One month for turn around? 2 weeks?
What does pending mean? One week after shipping and waiting? Haven't split the core yet? Who knows?
From The Age in Australia
Jitters bug market as US shakes and holds
Email Print Normal font Large font By Jessica Irvine, Sydney
May 22, 2006
INVESTORS face another nail-biting ride this week, after an aggressive sell-off in commodity markets at the weekend.
Gold tumbled almost 4 per cent and copper 6 per cent late on Friday, and have thrown more doubts into the sharemarket.
But some who witnessed last week's dramatic slide, which erased almost two months of gains, believe the worst may be over.
"It appears the bulk of the shake-out has occurred," the head of investment markets research at Colonial First State, Hans Kunnen, said.
The 19 per cent contract price increase secured by Australia's mining giants for their iron ore exports will provide some comfort.
"Iron ore up 19 per cent is not a bad thing for BHP and Rio Tinto," Mr Kunnen said. "If that flows through to the Chinese, that locks in great earnings growth."
Stability in US markets on Friday will provide a positive lead. After a rocky week, the Standard & Poor's 500 index closed 5.22 points higher at 1267.03.
Analysts have identified commodity price falls as a big risk for the Australian market.
The index of 19 commodities complied by the US Commodity Research Bureau had its biggest weekly fall in 25 years last week.
The director of investments at Rewards Management Australia, Brian Ingham, said speculative investors were fleeing commodities after the past year's gains.
"If we continue to see some of that liquidation of speculative positions, we'll continue to see the commodities sector under pressure," he said.
Markets must confront US economic reports on core inflation, economic growth, jobless numbers and consumer sentiment.
Signs of strength will add to speculation the US Federal Reserve will raise interest rates next month.
Good idea Bob
Are you still in DJE? I'm out after they never announced thru a PR their Tinsley failure but I didn't see it in your list
China baulks as iron ore price soars
Email Print Normal font Large font By Barry Fitzgerald
May 22, 2006
CHINA is crying poor that its steel industry cannot afford the bumper 19 per cent price increase secured by Australian and Brazilian iron ore producers for shipments of the key steel-making raw material in 2006-07.
The Government-owned China Daily said the US dollar price rise —it follows on from last year's 71.5 per cent increase — could bust the current boom.
China has fast become the biggest market for Australian iron ore with an annual value of about $4 billion, making the health of the steel-making industry there a key consideration for the leading exporters, the Pilbara operators BHP Billiton and Rio Tinto.
"When over-capacity is looming in China's steel industry, rising ore cost that further bites in to domestic steel makers' profits could turn the current boom in to a bust and no one will benefit," according to an editorial in the China Daily.
China's Iron & Steel Association said that its steel makers and the iron ore producers that supply them, including BHP and Rio, "still differ" on price and that their price talks would continue.
An emergency meeting of 16 Chinese steel makers in Beijing on Friday was held in an effort to ensure a united front in China's opposition to the price increase — one now accepted by the rest of the global steel-making industry as the new benchmark. This was underlined by the announcement from Rio Tinto's Hamersley Iron subsidiary on the weekend that it had reached agreement with South Korea's POSCO for a 19 per cent price increase for shipments of its Pilbara lump ore.
The chief executive of Rio's iron ore operations, Sam Walsh, said the agreement with POSCO — the world's fourth biggest steel maker — confirmed the "tightness of the iron ore market and the very strong demand for Australian iron ore".
China's hopes of securing a price increase of no more than 10 per cent were dashed last week when the world's biggest producer, CVRD, effectively set the new benchmark in a 19 per cent price-increase settlement with Germany's ThyssenKrupp.
The Chinese have argued ever since that the CVRD settlement was not a global benchmark.
The Federal Government's chief commodity forecaster, the Australian Bureau of Agricultural and Resource Economics, predicts that world seaborne trade in ore could rise by 7.6 per cent to 706 million tonnes this year, with China's booming economy to account for about 44 per cent of the total — up from 28 per cent in 2003.
Expansions by BHP and Rio are expected to underpin a 17 per cent surge in Australian exports this year to 282 million tonnes worth about $14 billion.
Meanwhile, the Australian producers' case for China to pay up for iron ore has been strengthened by moves in India to curb its iron ore exports.
India's Steel Ministry has called on the Ministry of Commerce to curb exports to protect the interests of the domestic steel industry.
Exports from the country are not big but their removal from the global market, to feed the booming domestic industry, would add to the global tightness in iron ore supplies.
you are welcome...sounds like an ill thought pump and dump to me
I don't know about RS but this S8 says another 200million shares to be registered. Why does anyone like this stock?
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
UNICO, INCORPORATED
(Exact name of registrant as specified in its charter)
ARIZONA
86-0205130
(State or other jurisdiction of
Incorporation or organization)
(I.R.S. Employer Identification Number)
UNICO, INCORPORATED
8880 Rio San Diego Drive, 8 th Floor
San Diego, California 92108
(Address of principal executive offices) (Zip code)
COMPENSATION PLAN FOR EMPLOYEES, OFFICERS, DIRECTORS AND
CONSULTANTS
(Full title of plan)
Mark A. Lopez
Unico, Incorporated
8880 Rio San Diego Drive, 8 th Floor
San Diego, California 92108
(Name and address of agent for service)
(619) 209-6124
(Telephone number, including area code of agent for service)
Copy to:
Robert N. Wilkinson, Esq.
60 East South Temple, Suite 1270
Salt Lake City, UT 84111
(801) 533-9645
CALCULATION OF REGISTRATION FEE
Proposed Maximum Proposed Maximum
Title Of Securities Amount To Be Offering Price Aggregate Amount of
To Be Registered Registered (1) Per Share (2) Offering Price Registration Fee
Common Stock 200,000,000 $.002 $400,000.00 $42.80
($0.001 Par Value)
_______________________________________________________________________
UNCN has 498 million shares of 500 authorized according to Pinksheets under 10Q filings in Feb
thanks for the list Sskillz
Can a complete list of the wild cards selected be posted if you have them? I would be interested in looking at those please.
Are you still holding RBID...had a sell in at .04 and never hit LOL