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thanks. Good read.
My pick is CCAJ .0046
Thanks.
Yes very very bad....Realy hope there are not much death but to see the tv it's not realy hopefull. Good luck to all.
My prayers go out to japan.
I think your the only one who see it....But what do you see.lol
Great to see news. Good luck team of CCAJ
My Pick is CCAJ .0049
Thanks
NEWS: U.S. Silver Announces Continued Exploration SuccessAnd Provides Key Updates in Advance of PDAC Participation
TORONTO, Mar 04, 2011 (BUSINESS WIRE) -- Ontario U.S. Silver Corporation /quotes/comstock/11v!e:usa (CA:USA 0.69, +0.01, +1.47%) (us otcqx:USSIF)(frankfurt:QE2) ("U.S. Silver" or "the Company") wishes to announce the successful results of its 2010 exploration program and provide updates and clarifications to some key matters of interest to investors.
Exploration Summary
The Company previously announced positive diamond drilling results from the 4000 and 5200 levels at the Galena mine (press release dated October 19, 2010). Drilling continues on both levels with 13,904 feet (4,238 meters) of drilling completed during the fourth quarter of 2010, and 7,031 feet (2,143 meters) completed during the first two months of 2011. Total exploration drilling footage for 2010 was 49,374 feet (15,048 meters).
Recent drilling continues U.S. Silver's 2010 trend of identifying new silver veins as well as extensions of existing silver veins at the Galena mine. The drilling results reported here identified both new silver-copper and new silver-lead mineralization. The best intersection on the 4000 level was 3.9 feet of true thickness grading 91.4 opt Ag and 2.5% Cu. The best intersection on the 5200 level was 1.5 feet grading 139 opt Ag and 4.8% Cu. In total, there were 34 intercepts detailed below, with 15 grading higher than 20 opt Ag. The exploration program in 2010 once again provided reserve additions in excess of that produced during the year.
Hedge Position
As announced on November 10th, 2010, US Silver entered into a hedge transaction for 20% of its expected 2011 production. The Company has fixed a price of $27.50 for roughly 41,000 ounces per month and has completed the sales for January and February leaving approximately 420,000 ounces to be sold under the contract in 2011.
US Silver receives the market price at the time of sale on the 80% of production not hedged in 2011. The Company has not hedged any production in 2012 or thereafter.
MSHA Fatality Investigation Update
Earlier this year, U.S. Silver received a single citation directly related to the contractor employee fatality that took place in June 2010 following the completion of the investigation. The Mine Safety and Health Administration ("MSHA") issued a proposed assessment of $70,000 in connection with that citation. That amount represents the maximum amount that can be assessed as a regular assessment on a citation such as the one at issue. U.S. Silver has taken the necessary steps to preserve its rights of appeal of the citation and vigorously disputes the allegations contained in it.
Environmental Obligations
Historical environmental reclamation obligations for the U.S. Silver operations in the Silver Valley, such as those currently being negotiated in the region, were settled in 2001 through a Consent Decree prior to the acquisition of the assets by US Silver.
US Silver has fully provided for all site reclamation obligations for all of its operations in the Silver Valley in its previously released financial results. As at September 30, 2010 the Company has accrued a total $1.5 million covering the expected reclamation costs for the existing operations at the end of the mine life.
Prospectors and Developer's Association Conference
US Silver is pleased to be attending the upcoming PDAC 2011 at the Metro Toronto Convention Centre, South Building in Toronto, Ontario. The Company will be located at Booth #2803 in the Investors Exchange (located in Exhibit Halls F & G) for the duration of the conference.
Please visit http://www.pdac.ca/pdac/conv/ or contact PDAC Registration Management at (416) 953-4587 for more information on the conference.
Exploration Detail
Galena Mine, 4000 Level
A new drilling program was initiated in the central area of the 4000 Level to test for eastern extensions of the 127, 132, and 133 silver-copper veins. The drilling has returned multiple results on these veins with ore grades over mineable thickness. The drilling has also identified at least one additional high-grade silver-copper vein (133 FW) and two silver-lead veins. The 4000 Level central area drilling program is still in progress. Results received to-date from the first eleven drill holes are as follows (vein widths are corrected for true thickness):
DDH 40-211 from 552.0 ft: 3.0 ft (0.91m) 6.20 opt Ag (213 gpt) 11.30% Pb New Pb2
from 727.2 ft: 3.2 ft (0.98m) 13.80 opt Ag (473 gpt) 0.31% Cu 164 Vn
DDH 40-212 from 190.7 ft: 3.9 ft (1.19m) 91.38 opt Ag (3133 gpt) 2.52% Cu 127 Vn
from 792.5 ft: 4.2 ft (1.28m) 57.73 opt Ag (1979 gpt) 2.12% Cu 133 FW
DDH 40-213 from 227.3 ft: 2.2 ft (0.67m) 12.60 opt Ag (432 gpt) 12.50% Pb 127 FW
from 556.5 ft: 4.7 ft (1.43m) 8.92 opt Ag (306 gpt) 17.55% Pb New Pb2
DDH 40-214 from 240.5 ft: 4.0 ft (1.22m) 5.13 opt Ag (176 gpt) 9.38% Pb 127 FW
from 562.5 ft: 5.7 ft (1.74m) 6.63 opt Ag (227 gpt) 3.96% Pb New Pb2
from 741.0 ft: 4.5 ft (1.37m) 15.60 opt Ag (535 gpt) 0.52% Cu 133 Vn
DDH 40-215 from 580.5 ft: 8.3 ft (2.53m) 5.88 opt Ag (202 gpt) 4.24% Pb New Pb2
from 689.0 ft: 5.6 ft (1.71m) 8.07 opt Ag (277 gpt) 0.16% Cu 133 Vn
from 737.9 ft: 2.4 ft (0.73m) 23.30 opt Ag (799 gpt) 0.79% Cu 164 Vn
DDH 40-216 from 259.0 ft: 9.7 ft (2.96m) 12.67 opt Ag (434 gpt) 26.97% Pb 127 FW
from 556.1 ft: 5.7 ft (1.74m) 10.10 opt Ag (346 gpt) 17.66% Pb New
Pb2
DDH 40-217 from 53.7 ft: 5.9 ft (1.80m) 52.63 opt Ag (1804 gpt) 0.98% Cu 7 FW
DDH 40-218 from 320.0 ft: 5.7 ft (1.74m) 14.03 opt Ag (481 gpt) 0.60% Cu 137 Vn
from 351.4 ft: 4.3 ft (1.31m) 20.79 opt Ag (713 gpt) 0.71% Cu 119 Vn
from 361.9 ft: 3.4 ft (1.04m) 9.44 opt Ag (324 gpt) 1.64% Cu 136 Vn
from 495.7 ft: 3.2 ft (0.98m) 5.90 opt Ag (202 gpt) 8.52% Pb New Pb1
DDH 40-219 from 36.4 ft: 2.0 ft (0.61m) 88.85 opt Ag (3046 gpt) 1.97% Cu 7 Vn FW
DDH 40-220 from 244.5 ft: 4.2 ft (1.28m) 61.30 opt Ag (2102 gpt) 1.13% Cu 127 Vn
DDH 40-221 from 261.7 ft: 7.0 ft (2.13m) 3.80 opt Ag (130 gpt) 6.90% Pb 127 FW
from 587.7 ft: 5.1 ft (1.55m) 11.58 opt Ag (397 gpt) 11.00% Pb New
Pb2
Upon completion of the 4000 Level central zone drilling in early March, final interpretation of the veins will be made. Track drifting to cross-cut this multi-vein zone will begin by the end of March. An additional drilling station will also be established to facilitate diamond drilling to better define these veins.
Galena Mine, 5200 Level
A drilling program was conducted on the 5200 Level to locate the downward extension of the high-grade silver-copper 220 Vein which has been developed on the 4600 and 4900 Levels. The 220 Vein has now been identified in four new holes above the 5200 Level and five holes below the 5200 Level. The vein has been closed off to the north but it is still open to the south. Additional exploration drilling is planned to close the southern extent of the vein in the near future.
In addition, a new silver-copper vein has been discovered about 200 feet east of the 220 Vein in one of the drill holes. This new vein was seen in hole 52-281 with a true thickness of 4.8 feet (1.46 meters) at a grade of 133.04 opt Ag (4,561 gpt), and 3.79% Cu. This intercept appears to be on the same structure as an intercept from an old hole (52-170) which contained 2.2 feet (0.67 meters) true thickness at a grade of 132.07 opt Ag (4,528 gpt) and 3.19% Cu. Additional drilling is planned in conjunction with the 220 Vein follow-up drilling.
Results on the 220 Vein from the four holes are as follows (vein widths are corrected for true thickness):
DDH 52-274 from 241.5 ft: 4.4 ft (1.34m) 25.00 opt Ag (857 gpt)
0.54% Cu
DDH 52-275 from 231.3 ft: 2.3 ft (0.70m) 30.83 opt Ag (1057 gpt)
0.76% Cu
DDH 52-277 from 341.3 ft: 6.3 ft (1.92m) 6.65 opt Ag (228 gpt) 0.09%
Cu
DDH 52-278 from 338.1 ft: 8.4 ft (2.56m) 13.22 opt Ag (453 gpt)
0.29% Cu
In addition, the drilling picked up an extension of the 196 Vein, which may be a faulted offset of the Silver Vein. Approximately 100 feet of strike length at ore grade and thickness has been drilled. The drilling results are listed as follows:
DDH 52-273 from 106.4 ft: 1.4 ft (0.43m) 96.60 opt Ag (3312 gpt)
3.48% Cu
DDH 52-274 from 185.0 ft: 0.6 ft (0.18m) 29.60 opt Ag (1015 gpt)
0.95% Cu
DDH 52-275 from 202.5 ft: 4.1 ft (1.25m) 11.67 opt Ag (400 gpt)
0.33% Cu
DDH 52-276 from 79.7 ft: 4.6 ft (1.40m) 6.66 opt Ag (228 gpt) 0.22%
Cu
DDH 52-277 from 120.4 ft: 2.0 ft (0.61m) 22.50 opt Ag (771 gpt)
0.77% Cu
DDH 52-278 from 114.7 ft: 1.5 ft (0.46m) 139.3 opt Ag (4776 gpt)
4.75% Cu
DDH 52-279 from 92.2 ft: 0.5 ft (0.15m) 18.00 opt Ag (617 gpt) 0.58%
Cu
Qualified Person
Information of a technical nature in this press release respecting the properties has been prepared and reviewed by Mr. Daniel H. Hussey, Manager of Exploration for U. S. Silver, who supervised the drilling and sampling programs. Mr. Hussey is a "Qualified Person" within the meaning of National Instrument 43-101 of the Canadian Securities Administrators.
All silver assay results reported in this new release were analyzed using standard fire assay techniques by American Analytical Services located in Osburn, Idaho. Check assays are conducted by ACT Labs, located in Ontario, Canada. All samples are obtained and assays are reported under a formal quality assurance program. Underground diamond drill core holes are drilled with BQ size tools.
ABOUT U.S. SILVER CORPORATION
U.S. Silver, through its wholly owned subsidiaries, owns and/or operates the Galena, Coeur, Caladay and Dayrock silver-lead-copper mines in Shoshone County, Idaho, with the Galena mine being the second most prolific silver mine in US history. Total silver production from U.S. Silver's mining complex has exceeded 217 million ounces of silver production since 1953. U.S. Silver controls a land package now totalling approximately 14,000 acres in the heart of the Coeur d'Alene Mining District. U.S. Silver is focused on expanding the production from existing operations as well as exploring and developing its extensive Silver Valley holdings in the Coeur D'Alene Mining District.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information in this press release may contain forward looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward looking statements. The Company assumes no obligation to update the forward looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in filings by the Company with the Canadian securities regulators, which filings are available at www.sedar.com.
SOURCE: U.S. Silver Corporation
U.S. Silver Corporation
Tom Parker, President and CEO (208) 752-0400
Chris Hopkins, CFO (416) 907-9539
Thanks for the news. Looks good.
Come on USSIF move....look at real silver is moving in a huge way
Now 35.32
NYBOB this one you would like for sure......http://www.zerohedge.com/article/freaking-disaster…-and-it’s-happening-right-now?utm_source=feedburner
Everyone knows that Gold and Silver are the most obvious inflation hedges out there. And to be blunt, anyone who invests in these two assets will likely do very well in the coming months as inflation erupts in the US.
U.S. Silver Posts Strong Silver Production,
Poised to Reopen Second Mine In Silver Valley
http://www.us-silver.com/i/pdf/BullBear-Mar2011.pdf
U.S. Silver Posts Strong Silver Production,
Poised to Reopen Second Mine In Silver Valley
http://www.us-silver.com/i/pdf/BullBear-Mar2011.pdf
Good morning all.
news.....website is up and some news....
http://www.blackcastledevelopments.com/pr1.html
Yes doing the same thing.
GLTA
closed .72 very nice.
Yes. agreed
Thanks Satelliteguy
AVNE does it have still a float of 1 mil.
Would be nice to see this one up again.
GLTA
let me see. 16 is not yet hit but it will today. I say a close of 175 or maybe 18.....
nice buys at .67
EBIG shareholders gets stock divies of Alpha Lujo
EastBridge Investment Group Announces Stock Dividend of Alpha Lujo Stock
EastBridge Investment Group Corporation Common Stock (USOTC:EBIG)
Intraday Stock Chart
Today : Tuesday 1 March 2011
EastBridge Investment Group (EBIG) (OTCBB: EBIG) (OTCQB: EBIG) today announced that it has scheduled to distribute 1,000,000 shares of its US stock ownership in Alpha Lujo, Inc. ("ALEV") to its shareholders for no consideration. All shareholders of EBIG stock on the closing date of March 31, 2011, will receive on a pro rata basis, their allocated shares of Alpha Lujo stock after this dividend registration is filed and approved by the SEC. The size of this dividend represents about 5% of Alpha Lujo, Inc.'s capital stock equity as of today.
Mr. William Tien, CEO of Alpha Lujo, commented, "We see a lot of opportunities in the electrical vehicles business in China, Australia and the USA. We are accelerating our pace to capture the opportunities in the electrical vehicles and advanced batteries businesses. We are in the process of completing the merger of the electrical vehicle entities and Alpha Lujo."
Mr. Norm Klein, COO/CFO of EastBridge, commented, "We are happy to increase our shareholders' value by this planned dividend distribution of Alpha Lujo stock. The stock currently trades around $0.30-$0.50 a share. We will send the appropriate notices and announcements to our shareholders when these dividend shares are approved by the SEC and FINRA and are ready for trading."
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com. EBIG is now on Facebook. Join us at the following link: http://www.facebook.com/pages/Eastbridge-Investment-Group/110596462346210.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact:
Norm Klein
EastBridge Investment Group Corp.
480-966-2020
480-966-0808 (fax)
Email Contact
Investor Relations:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
214-469-2361 (fax)
Email Contact
EastBridge Investment Group Announces Stock Dividend of Alpha Lujo Stock EastBridge Investment Group Corporation Common Stock (USOTC:EBIG)
Today : Tuesday 1 March 2011
EastBridge Investment Group (EBIG) (OTCBB: EBIG) (OTCQB: EBIG) today announced that it has scheduled to distribute 1,000,000 shares of its US stock ownership in Alpha Lujo, Inc. ("ALEV") to its shareholders for no consideration. All shareholders of EBIG stock on the closing date of March 31, 2011, will receive on a pro rata basis, their allocated shares of Alpha Lujo stock after this dividend registration is filed and approved by the SEC. The size of this dividend represents about 5% of Alpha Lujo, Inc.'s capital stock equity as of today.
Mr. William Tien, CEO of Alpha Lujo, commented, "We see a lot of opportunities in the electrical vehicles business in China, Australia and the USA. We are accelerating our pace to capture the opportunities in the electrical vehicles and advanced batteries businesses. We are in the process of completing the merger of the electrical vehicle entities and Alpha Lujo."
Mr. Norm Klein, COO/CFO of EastBridge, commented, "We are happy to increase our shareholders' value by this planned dividend distribution of Alpha Lujo stock. The stock currently trades around $0.30-$0.50 a share. We will send the appropriate notices and announcements to our shareholders when these dividend shares are approved by the SEC and FINRA and are ready for trading."
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com. EBIG is now on Facebook. Join us at the following link: http://www.facebook.com/pages/Eastbridge-Investment-Group/110596462346210.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact:
Norm Klein
EastBridge Investment Group Corp.
480-966-2020
480-966-0808 (fax)
Email Contact
Investor Relations:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
214-469-2361 (fax)
Email Contact
EastBridge Investment Group Announces Stock Dividend of Alpha Lujo Stock
EastBridge Investment Group Corporation Common Stock (USOTC:EBIG)
Intraday Stock Chart
Today : Tuesday 1 March 2011
EastBridge Investment Group (EBIG) (OTCBB: EBIG) (OTCQB: EBIG) today announced that it has scheduled to distribute 1,000,000 shares of its US stock ownership in Alpha Lujo, Inc. ("ALEV") to its shareholders for no consideration. All shareholders of EBIG stock on the closing date of March 31, 2011, will receive on a pro rata basis, their allocated shares of Alpha Lujo stock after this dividend registration is filed and approved by the SEC. The size of this dividend represents about 5% of Alpha Lujo, Inc.'s capital stock equity as of today.
Mr. William Tien, CEO of Alpha Lujo, commented, "We see a lot of opportunities in the electrical vehicles business in China, Australia and the USA. We are accelerating our pace to capture the opportunities in the electrical vehicles and advanced batteries businesses. We are in the process of completing the merger of the electrical vehicle entities and Alpha Lujo."
Mr. Norm Klein, COO/CFO of EastBridge, commented, "We are happy to increase our shareholders' value by this planned dividend distribution of Alpha Lujo stock. The stock currently trades around $0.30-$0.50 a share. We will send the appropriate notices and announcements to our shareholders when these dividend shares are approved by the SEC and FINRA and are ready for trading."
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com. EBIG is now on Facebook. Join us at the following link: http://www.facebook.com/pages/Eastbridge-Investment-Group/110596462346210.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact:
Norm Klein
EastBridge Investment Group Corp.
480-966-2020
480-966-0808 (fax)
Email Contact
Investor Relations:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
214-469-2361 (fax)
Email Contact
Thanks...interesting. Thinks shaping up for CCAJ.
GLTA
GM all. A Forum on the new website at Inca. Not seen it before.
http://theincacollection.com/index.php
website looks awesome.
GLTA
My pick is GRWW
interesting.
Thanks, Nice article.
IDGI news INCA Designs Purchase Orders Continue to Grow at a Significant Pace After Feature in Sports Illustrated
Inca Designs, Inc. (USOTC:IDGI)
Intraday Stock Chart
Today : Wednesday 23 February 2011
INCA DESIGNS INC. (PINKSHEETS: IDGI) continues to see a dramatic increase in orders and inquiries regarding its swimwear and resort wear after its feature in the Sport Illustrated Swimsuit edition.
Since its feature, INCA has now received orders from Kurzner International Resorts, shopbop.com and as previously stated a major initial order from Everything But Water. Incredibly, INCA is now receiving serious inquiries from notable jewelry designers to have INCA's swimwear and resort wear placed in their stores and boutiques. INCA is receiving calls on a daily basis from new stores to carry INCA products around the globe as well.
"The public's continued interest in INCA products is exciting," stated Stacy Josloff, INCA's CEO and designer. "In addition to booking major orders from both online stores and brick and mortar shops, adding jewelry designers to our vendor list will continue to expand our brand name into other related sectors in the market. Lastly, our PR company has indicated that additional magazine publishers, in addition to Vogue and Elle, are asking for our swimwear and resort wear to be featured in their publications in the next several months."
As previously stated, INCA has created 2 separate lines of resort wear this year in anticipation of increased demand of its products.
ABOUT INCA DESIGNS:
INCA Designs Inc. designs, sources and sells high fashion designer swimwear, resort wear and accessories for the wholesale and retail markets under the brand name INCA. The Company has also expanded its apparel lines to include children's fashion with INCA Girl launched in 2005, and is planning a new line of home accessories. This Miami-based swim and resort wear designer currently markets its apparel through several retail boutiques and specialty including Ritz-Carlton, Swimwear Boutique, Beloved Star, 25 Park, and on e-commerce powerhouses such as shopbop.com and others. INCA branded apparel is sold in US, Europe, Asia, and the Caribbean. Additionally, INCA is now represented by Salon-9, the wholesale buyer showroom started by Red Carter, in Los Angeles and New York.
The INCA brand was launched in 2000, originally inspired by Peruvian art and culture. Stacy Josloff, INCA designer and CEO, created a line of swimwear that incorporated bright colors, intricate detailing and exotic textiles. The line enjoyed immediate success and gained strong visibility when Hollywood celebrities such as Kelly Ripa, Brooke Shields, Molly Simms, Denise Richards and Swimsuit Supermodel Marissa Miller became early patrons. INCA Designs Inc has previously appeared in magazines such as Cosmopolitan, Vogue, Glamour, US Magazine, Runway, People, WWD, and on national television's Good Morning America, the NBC's Today show, and has also appeared on local NBC and CBS affiliates.
FORWARD LOOKING STATEMENTS:
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in reports and filings with regulatory bodies.
CONTACT:
Carma Public Relations & Marketing
Lyndsey Cooper
305-438-9200
Lyndsey@carmapr.com
IDGI news INCA Designs Purchase Orders Continue to Grow at a Significant Pace After Feature in Sports Illustrated
Inca Designs, Inc. (USOTC:IDGI)
Intraday Stock Chart
Today : Wednesday 23 February 2011
INCA DESIGNS INC. (PINKSHEETS: IDGI) continues to see a dramatic increase in orders and inquiries regarding its swimwear and resort wear after its feature in the Sport Illustrated Swimsuit edition.
Since its feature, INCA has now received orders from Kurzner International Resorts, shopbop.com and as previously stated a major initial order from Everything But Water. Incredibly, INCA is now receiving serious inquiries from notable jewelry designers to have INCA's swimwear and resort wear placed in their stores and boutiques. INCA is receiving calls on a daily basis from new stores to carry INCA products around the globe as well.
"The public's continued interest in INCA products is exciting," stated Stacy Josloff, INCA's CEO and designer. "In addition to booking major orders from both online stores and brick and mortar shops, adding jewelry designers to our vendor list will continue to expand our brand name into other related sectors in the market. Lastly, our PR company has indicated that additional magazine publishers, in addition to Vogue and Elle, are asking for our swimwear and resort wear to be featured in their publications in the next several months."
As previously stated, INCA has created 2 separate lines of resort wear this year in anticipation of increased demand of its products.
ABOUT INCA DESIGNS:
INCA Designs Inc. designs, sources and sells high fashion designer swimwear, resort wear and accessories for the wholesale and retail markets under the brand name INCA. The Company has also expanded its apparel lines to include children's fashion with INCA Girl launched in 2005, and is planning a new line of home accessories. This Miami-based swim and resort wear designer currently markets its apparel through several retail boutiques and specialty including Ritz-Carlton, Swimwear Boutique, Beloved Star, 25 Park, and on e-commerce powerhouses such as shopbop.com and others. INCA branded apparel is sold in US, Europe, Asia, and the Caribbean. Additionally, INCA is now represented by Salon-9, the wholesale buyer showroom started by Red Carter, in Los Angeles and New York.
The INCA brand was launched in 2000, originally inspired by Peruvian art and culture. Stacy Josloff, INCA designer and CEO, created a line of swimwear that incorporated bright colors, intricate detailing and exotic textiles. The line enjoyed immediate success and gained strong visibility when Hollywood celebrities such as Kelly Ripa, Brooke Shields, Molly Simms, Denise Richards and Swimsuit Supermodel Marissa Miller became early patrons. INCA Designs Inc has previously appeared in magazines such as Cosmopolitan, Vogue, Glamour, US Magazine, Runway, People, WWD, and on national television's Good Morning America, the NBC's Today show, and has also appeared on local NBC and CBS affiliates.
FORWARD LOOKING STATEMENTS:
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in reports and filings with regulatory bodies.
CONTACT:
Carma Public Relations & Marketing
Lyndsey Cooper
305-438-9200
Lyndsey@carmapr.com
NICE news again....
Nice. Can we get over the .70 today.....
Great news here. Looking good.
Can we get true the .0145 now...
GLTA
.012x.0125
IDGI WOW NEWS
My pick is CCAJ .0035
Hai NYBOB,
I just saw this news on ussilver it's from the 13th february....I haven't seen it before. Maybe you did.... but there are some interesting things in it....realy nice.
85% Silver Production Makes Idaho-based
U.S. Silver A Virtually Pure Silver PlayGalena Mine in Idaho’s Historic Silver Valley is Second-Largest Producing Silver Mine in U.S.
U.S. SILVER CORPORATION
OTC QX: USSIF • TSX.V: USA
Contact: Thomas Parker, CEO
P.O. Box 440
Wallace, ID 83873
Phone: 208-752-1116
Fax: 208-556-1587
Corporate Office:
401 Bay Street, Ste 2702
Toronto, ON M5H 2V4
Phone: 416-907-5501
Fax: 647-722-9652
E-Mail: info@us-silver.com
Web Site: www.us-silver.com
Shares Outstanding: 287.1 million
52 Week Trading Range
(as of Jan. 31, 2011):
Canada: Hi: C$0.83 • Low: C$0.15
U.S. Silver Corporation (OTC QX: USSIF; TSX.V: USA) -- www.us-silver.com, represents one of the best exposures available to investors as a “pure silver play”. And in these exciting times in the silver market this leverage can really pay off. This is a company that derives over 85% of its revenue from the production of silver. Also, it is a company with no debt, and no royalties that must be paid out of profits.
In 2010 the Company produced almost 2.3 million ounces of silver, nearly matching the strong performance in 2009 of 2.4 million ounces. USA also produced 6.6 million pounds of lead and 1 million pounds of copper in 2010. These results, which are significantly higher than 2008 production totals, are expected to rise to 2.4 to 2.6 million ounces of silver in 2011. With these strong production results and high silver prices, 2010 generated record levels of revenue and operating cash flows, further strengthening an already strong cash position.
U.S. Silver has two different types of silver veins – one that yields copper-silver ore, and the other, lead-silver ore. Currently, U.S. Silver’s proven and probable reserves are: copper-silver: 17 million ounces of silver, 5,160 tons of copper; lead-silver: 4.7 million ounces of silver and 49,920 tons of lead. Measured and indicated resources: copper-silver: 7.7 million ounces silver and 2,500 tons of copper; lead-silver: 825,900 ounces of silver and 8,370 tons of lead. Inferred resources: copper-silver: 10.7 million ounces of silver and 3,186 tons of copper; lead-silver: 6.154 million ounces of silver and 66,760 ton of lead. This will support mining for years to come, however the Company has demonstrated repeatedly that it can find more silver than it produces every year, further extending production in this historic mining camp.
“We are very leveraged to the price of silver through our production profile and silver in the ground,” says U.S. Silver Corporation CEO Thomas Parker. “We are an 85% pure silver play and will be for years to come.”
Continuing Exploration at Galena Silver Mine
Boosts Reserves & Resources
U.S. Silver’s Galena Mine, which sits in the heart of Idaho’s famed Silver Valley – also known as the Coeur d’Alene Mining District – is the second most prolific silver mine in U.S. history. Mining began in the Silver Valley area in the mid-1880s. The district, located in northern Idaho’s panhandle, is a significant silver, lead and zinc producing area. Historically, the area has produced about 1.2 billion ounces of silver.
Work on the Galena Mine also dates back to the 1880s. Modern mining began in 1953 when ASARCO sank a shaft to the 3,000 foot level and excavated lateral drifts. Since 1953, the Galena Mine has produced more than 180 million ounces of silver and still has some 21 million ounces of proven and probable reserves of silver. ASARCO’s joint venture partner Coeur d’Alene Mines, assumed control of the properties in the mid-1990s.
In 2006, U.S. Silver Corporation acquired 100% of the Galena Mine, the Coeur Mine and the Caladay Project from Coeur d’Alene Mines for $15 million. The properties encompassed some 11,000 acres of patented and unpatented mine claims. Since then, the company has added over 3,000 acres of unpatented claims, including the historic Dayrock Mine and Mill, to create a land package that is over 11 miles long and over 4 miles wide. The combined properties include four shafts, two operating flotation mills, and extensive surface and underground mining works and equipment. More than 250 employees work at the Galena Mine, producing 800-900 tons of ore per day, five days a week.
The Galena mine has two shafts, the primary No. 3 shaft that descends 5,825 feet underground, and the Galena shaft which is 5,540 feet in depth. The latter moves men and materials, and provides utility access for water, electrical power and compressed air. Silver and copper are recovered by a flotation mill which produces a silver-rich concentrate. The Galena mill has a total capacity of 900 tons per day. Silver-copper concentrates are shipped to Xstrata for smelting in Quebec. Silver-lead concentrate is sent to Teck’s Trail Smelter in British Columbia.
Since acquiring the Idaho properties, U.S. Silver has conducted an aggressive underground exploration drilling program that has expanded reserves and resources 106%. Recent underground drilling indicates the potential for higher-grade silver resources. Last year, U.S. Silver’s continuing exploration program replaced more than every ounce of silver mined. The company plans to complete some 47,000 feet of drilling this year.
“We have a number of things to worry about but running out of ore is not one of them,” says Parker. “There is a lot of silver in this mine and we will continue to find it and produce it. We have excess hoisting and milling capacity which makes incremental production very inexpensive.”
Adjacent Coeur and Caladay Mines Provide Future Mineable Resource for U.S. Silver’s Galena Mine
U.S. Silver’s Coeur and Caladay Mines flank the Galena Mine property. The two mines provide tremendous growth potential for U.S. Silver’s Galena mine complex. The Coeur and Galena Mines are connected underground by rail tunnel at the 3700 foot level, while the Caladay property is connected to the Galena Mine by an underground tunnel at the 4900 foot level. Both of these levels are used to exhaust ventilation air. The 3700 level tunnel also allows for the underground movement of lead-silver ore to the operational Coeur Mill.
The Coeur Mine operated until mid-1998, and historically produced some 39 million ounces of silver and 33 million pounds of copper. The mine has a flotation mill that now processes lead-silver ores from the Galena Mine. Detailed engineering and geological reviews are currently underway to bring this mine back into production with redevelopment construction work hopefully to begin this year. The Caladay Property has a 4900 foot deep shaft that is now used primarily to provide ventilation to the Galena Mine.
Investment Considerations
The company has significantly improved its financial position over the past two years, largely by making management changes, cutting operating costs and producing more silver, according to Parker. The Company raised a small amount of additional capital in late 2010 with a private equity placement that sold out in a few days. As silver prices continue to perform exceptionally well and production continuing at healthy levels, the company has invested in the development of new areas to mine and has made additional infrastructure improvements to support increased future production levels while maintaining its cash position. US Silver also plans to use the strong cash flow to expand its exploration program covering its large land position in the Silver Valley.
Currently, U.S. Silver Corporation stock is significantly under-priced when compared to its peers, according to Parker, who compares his company’s stats to such other silver producers as Scorpio, Endeavour, Fortuna, and First Majestic.
“We are profitable, have good cash flow, are debt free and pay no royalties,” says Parker. “2009 and 2010 were years of continuing achievements in mine operations, productivity and profitability. With renewed infrastructure and equipment, a highly skilled work force and the rebuilt Galena shaft, we are now well positioned for the future. Our goal is to increase silver production at the Galena Mine to between 3 million and 3.25 million ounces a year.”