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Where's all those cheapies gone :(
CZZ give it time it will be a huge score
UGMI news out today Volume today even though some idiot sold some cheap shares.
At some point ugmi goes to town.
WEeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
It seems they pump XCL ever time there is a gold rally.
Company is a joke
This one a Classic CDNX short :)
Gold up AGI down Go figure!
Good short to .50 cents
Chucky's MTX early days story
Canada's godfather of billion dollar diamond discoveries. It was Fipke who first turned the diamond world on its ear in 1992 by proving the existence of rich diamond deposits in Canada's frozen tundra. His discovery led to the opening of the $2.5 billion Ekati diamond mine. Fipke's public company at the time, Dia Met Minerals, catapulted from around $0.35 to over $67 before being bought-out by one of the world's largest mining companies, BHP of Australia. Many of Dia Met's shareholders became rich and so did Fipke. He even owns a ten per cent personal interest in the Ekati mine, which produced about three million carats a year.
Now for the first time in a decade, Fipke has the same glint in his eye that he had when he first struck pay dirt with Dia Met Minerals. He has been working for the last three years in northern Ontario's Attawapiskat region. This is the same area where De Beers is developing a major diamond deposit, known as the Victor pipe. But Fipke believes he can give De Beers a run for its money. His latest public company, Metalex Ventures (TSX-MTX), is now producing compelling exploration results. To date, he has used his world-renowned sleuthing techniques to trace a number of indicator mineral trails (tiny colored stones that are synonymous with diamond pipes) back to what he believes to be their geological source. Not coincidentally, these mineral trails appear to originate from the immediate vicinity of strong kimberlite-like geophysical anomalies. (Please refer to the Coronation Diamond District Report that has a link on this page for a more thorough explanation on Canada's emerging diamond story and how to find diamond pipes). In other words, Fipke thinks he has zeroed-in on a cluster of diamond pipes.
Metalex is a very tightly held company in which Fipke owns most of the free-trading and restricted stock. So, the company suffers from a serious lack of liquidity. However, Metalex has a joint venture partner in this project, Arctic Star Diamond Corporation (TSX-ADD), which has earned a 20 per cent interest in this venture by paying $600,000 towards the work program. Fortunately, Arctic Star is a broadly-held stock with reasonable liquidity and a relatively cheap share price. Since its IPO at Can. $0.25 in March of this year, Arctic Star briefly spiked as high as Can. $0.53 on the news of the joint venture with Metalex. The stock has since drifted down to around its IPO level due to a general lack of news and prevailing market conditions. However, informed sources suggest that Fipke is ready to drill several high-priority targets that promise to reveal diamondiferous kimberlite pipes. Thus, the upside for Metalex and Arctic Star, in particular, appears very favorable once a drill program is announced.
You should have a Canadian Cash ACC along with your American ACC in CANADA.
Talk to your broker.Thats not right.
If your trading Canadian stocks then your broker should have you trading in Canadian Dollars in your Canadian Acc.
Vise Versus with your American Acc.
TD Waterhouse is Huge in the US and when you open an account you have both sides American And Canadian in 1 Account
You have a TD waterhouse ACC in the US ?
So why can't you trade canadian stocks?
Exclusive Article on Victor Pipe
By Bruce MacKinnon
ATTAWAPISKAT/The Daily Press
De Beers Canada is on track to begin production of gem quality diamonds at their Victor Project near Attawapiskat by 2006 if the results of this year¹s drilling program continue to show promise. In a rare move, De Beers allowed The Daily Press on site to witness their preparations to begin to move a buried mountain, just days before the base
camp was to break up before the spring thaw. The site is in the muskeg, 90 kilometres west of Attawapiskat, 300 kilometres up the James Bay coast from Moosonee. Attawapiskat First Nation Chief Theresa Hall and Coun. Theresa Linklater were also part of the tour.
A prospector¹s find
In 1987, while prospecting for De Beers in the area, summer student and future company geologist Brad Wood went fishing during a break. As in most prospecting stories, good fortune joined him on the trip. He stumbled upon kimberlite rocks on the surface of a small island in the middle of the Attawapiskat River, only a few kilometres from the cluster of kimberlites containing Victor. ³As a result they paid for my last year of schooling and then gave me a career,² Wood said.
The company drilled four holes but didn¹t return to the find until 1995 and didn¹t start drilling on Victor until 1997. In 1998, a small trench was made into the kimberlite for a bulk sample of about 300 tonnes. A more extensive
drilling pattern began in 1999.
The long road from discovery to production has to include a feasibility study, which they were completing as the region began to thaw in early April 2003.
Multi-million dollar project
Now, roughly $60 million later, De Beers is on the verge of production. Many hurdles remain, but hopes are that by January 2004, site capture will begin. The capture entails the clearing of brush and leveling of outcroppings for
the skeleton of infrastructure for the mine and mill. By January 2005, the plan calls for construction to begin on the mill, living quarters, offices and associated buildings for the mine.
The hurdles to get to production are not small, but neither is their determination to overcome them. The revenue per tonne is estimated to be $94 Can., lowest for all their proposed Canadian projects. But hopes are several
of the other kimberlites around Victor will feed the mill.
First and foremost for the company, is their policy to involve the communities they will impact with their work, said Jeremy Wyeth, Victor Project vice-president.
Even before exploration begins, the nearby communities are notified of their intentions, he said. ³All levels of government have told us that our approach to the communities
is unprecedented,² Wyeth said. ³We will never go ahead without the full support of the community.
³It¹s the company¹s policy to hire aboriginal peoples in the area and to encourage those in the community who want to, to become entrepreneurs.²
The long road ahead
The winter project in December 2003-2004 will only continue if the company passes internal hurdles as well. ³We have to negotiate an impact benefit agreement with Attawapiskat First Nation, the De Beers Group board has to give the green light, the environmental impact assessment has to be approved and obtain the necessary operating permits from the province,² Wyeth said.
Since the rock formations which contain the diamonds aren¹t beside a major highway or a traditionally accessible region, four months of -30 or -40 C temperatures are a significant ally. That same time frame also creates unique challenges.
The base camp of about 80-100 workers is on the go 24/7, with helicopters and small planes flying in daily. Trucks and quad-track tractors are constantly travelling the over 100-kilometre winter road to Attawapiskat at night if it becomes too warm during the day. Base contains dozens of wood-framed tents with wooden floors and may be remote, but didn¹t resemble ³the old days.² With modern conveniences like electric heat, indoor pluming, hot water, computers, satellite phones and satellite TV, the employees feel almost at home.
³The workers all seem to happy with how they¹re treated, including training on the job with everything from chain saws to drilling equipment , to living conditions,² said Linklater. ³The Natives I¹ve spoken to have all said they¹re happy with how De Beers is taking care of the environment.
³Our main concern is the environment and how this will affect our drinking water. ³But we can see they keep the place clean.² Hall echoed the sentiment, saying it¹s important the environment be preserved as much as possible.
³I¹m getting to be more comfortable with the way they are proceeding,² Hall said. ³Our concern is the environment, not stopping development.²
A complex undertaking
The Victor Project is the largest and most promising of 16 diamond-bearing Kimberlites in the area. The carrot-shaped deposits from ancient volcanoes have to be probed by hundreds of drilling tests. The technical issues involved in setting up drills ranging from 10-60 centimetres in diameter on seemingly endless kilometres of bog in cold and
snow, means there is no time to spare. It takes up to a month to set up a drilling platform and another to tear it down and ship it back out to the trains.
Care is taken to leave the surrounding environment as undisturbed as possible. National park-type measures are being taken to preserve the land. It¹s forbidden to feed any wildlife, from birds to bears. Smoking is prohibited
outside specific areas. Garbage is bagged and flown out to Attawapiskat. Nothing is left on the ground, garbage, gloves or anything leaked from any machine. An inspector daily walks around the entire camp to ensure nothing is left
behind.
The winter project of 2002-2003 is a critical step in the process of bringing life to Victor. The feasibility study currently being conducted is an expensive experiment. As the characteristics of the kimberlite is defined, the size, shape and depth of the open pit mine is being designed from the data. Several of the experiments are to define how the muskeg will react to having weight placed on it.
Off in a corner of the project, an acre-sized pad sits atop the muskeg in two tiers, with huge bags of ore stacked on it. As the pad sinks, the rate, stability and reaction to varying weights helps engineers design the platforms all the mine¹s buildings will sit on. Since the entire project sits in kilometres of water, dikes have to be designed, access roads built from used ore and drainage has to engineered in such a way as to not upset the rest of the environment.
A small stream has to be diverted from the edge of the future pit. It has to maintain roughly the same shape and length, so as to not disturb the trout which live there.
Tests are ongoing to drain underground water below the clay and in the rock around the kimberlite. It has to be drained into the nearby Attawapiskat River and tested to ensure it will not affect the river¹s characteristics, since it may become the First Nation¹s source for drinking water.
Since the ore is not treated with any chemicals, runoff is not the environmental nightmare it is in other types of mines. It is checked for salt and mineral content. But the amount of water going into the river is insignificant compared to the total flow. ³The mine will require 20 pumped wells draining up to 4.55 million litres of
water per day, but in reality it¹ll only pump out water when it¹s present, said Wood.
During the next four-month period, starting in December 2003, the site cleared with pads, roads and infrastructure put in place for the buildings to be constructed in the next cycle in 2004-2005. Key in the designing process is the intent to disassemble and remove everything from the site when the mine is played out. Everything including the garbage will be taken away, leaving only waste rock
in flat formations. ³They will be only five to 10 metres high and will be a benefit to the local wildlife,² Wyeth said.
³It¹s encouraging to see Canada geese already using the ponds and cleared areas.³It¹s not possible to have no impact on the environment, but we can minimize it.
Victor Pipe Diamonds 300US per Carat
Victor pipe apparently has a mineable resource of 25 million tonnes, a
grade in the 0.2-0.3 ct/t range, and a published rock value of Cdn $94 per
tonne. Why is De Beers eager to develop Victor? The answer lies in the
quality of the diamonds, which the math says average around US $300 per
carat. That is a very high value. I have seen a photograph of all the
diamonds recovered from Victor laid out in dishes according to bulk sample
hole, and it was a dazzling sea of white. Victor's diamonds are top notch;
Kennady Lake's diamonds are a motley assortment with good white diamonds
showing up here and there. When Victor goes into commercial production the
recovered value will likely exceed the modeled value
You shouldn't get ripped cause GL has a Canadian Account and a American Account.
If your trading Canadian stocks just trade in your Canadian Acc thus escaping the conversion on ever trade.
PS Don't know what the cost is at all.
I have the Presidents Platium Acc and for me its free with all Markets Depth in Canada and US except the amex.
The Market depth is far superior than CSW only bad thing I found was you don't know who the seller or buyer is on the trades which was nice on csw.But at some point the TSE will remove that as well.
WEll there is a difference of opinion there EC.
They juniors will need money at some point lets say 20 million Canadian Bucks.You can't raise big money with no info.
Been told already its coming but so is X-mas.
When they choose to put it out is another matter.
Land Staking going on to keep the competors at bay as in what real is going on.
Wasn't Chuck forced by the Exchange many years ago to release INFO and thus lost out on Staking more High Grade Ground?
Thats how the story goes anyways.
MTX AGM coming May 6 so draw your own conclusion here or there.
Ontario Diamonds at 300 Per Carat will draw attention.
The Show must go on !LOL
Oh by the way Are you not busy doing a streewire on MPV or no need too now?
US Dollar versus Canadian Dollar LOL
PS Had a nice chat with RT today(on Mpv and other chit) SNAP LAKE FULL STEAM AHEAD as he just got back from Toronto today.
Will
Don't get me Wrong I like CSW for lots of Good reasons.
I know its not there fault on Market Depth but I don't think everyone new it was real time instead of delayed like they said.
MTX :) Chucky Drilling has started with no news Release go figure but thats how there doing it cause its not a Material Change to go drilling.If Kimberlite is hit well thats a different Matter.I hear lots of chit but really don't know if true so we see.Hear say is hear say SHOW me thats what counts.
The 1 service for news is great more often than not the news is out there first 10 to 20 minutes before CSW.
premium account holder yup and not the president acc either its now Platium account
CSW along with paying too high of costs new releases are free at other places.
So I have 3 places for FREE
http://www.ccnmatthews.com/scripts/recent.asp
http://www.canadanewswire.com/
Green Line Platium free everything :)
My stock-watch will be gone at months-end no need do dish out any more money for CSW with no services that cost way too much for the averge joe.
CZZ should be interesting today :)
DNI (Cdnx)Owns huge land position by the Victor Pipe in Ontario.
Chuck Flipke did a deal with DNI
DNI is a no brainer trading at 18 cents.
Dni also has Gold as old mine had .50oz to 9oz per tons from old mine working.Getting ready to drill there
Trades on Pink Sheets
Full page report about diamond project Monday
The Daily Press
Saturday, April 12, 2003 - 07:00
Local News - Daily Press readers will be treated to a gem of a story on Monday.
Staff writer Bruce MacKinnon has just returned from the De Beers diamond exploration project in the James Bay Lowlands and will be filing a special full page report on Monday.
MacKinnon's story is a true exclusive. He's the first reporter to ever be granted permission by De Beers to visit its much publicized Victor Project south of Attawapiskat.
There's still a lot of feasibility work to be done, but if all goes to plan, the Victor Project could result in Ontario's first diamond mine.
Additional special reports will be filed by MacKinnon in the near future.
ID- 28833
MTX & ADD
Ones to watch with CF involved
DDN looking very good today>
Drilling on Misty property started on Tuesday.
Maybe they HIT Kimberlite :)
Covered my short at 1.05 now you can have it back.:)
Even though I still think its still overvalued.
Sciax Innovative Technology Featured on the Discovery Channel Tonight
TORONTO, Apr 09, 2003 (PRIMEZONE via COMTEX) -- Sciax (OTCBB:UGMI) will be featured on the Discovery Channel tonight. Sciax and its innovative camera technology, SeCam, will be presented on the Discovery Channel's Daily Planet Show at 7pm/11pm EST.
About Sciax
Sciax is an emerging leader in counter-terrorism, law enforcement and defense optical imaging systems. Sciax is a public company listed on the Nasdaq OTCBB under the ticker UGMI. Sciax is the manufacturer of the SeCam, which is used by a number of law enforcement and defense units across the globe including the LAPD SWAT Team, Canadian Customs, French Government, and the US Military.
About Discovery Channel Canada
Discovery Channel Canada is Canada's top-rated network for viewer satisfaction. Its entertaining and award-winning programs explore the fascinating worlds of nature, science and technology, and adventure. As a producer and broadcaster of documentary programming, Discovery Channel Canada is internationally recognized for innovation and quality in all areas of the broadcast industry.
By Staff
CONTACT: Sciax
Richard Griffiths
(416) 923-3340
Fax: 416-923-3345
rgriffiths@delwada.com
(C) 2003 PRIMEZONE, All rights reserved.
-0-
INDUSTRY KEYWORD: Aerospace & Defense
What you worried about me!:)
LOL your playing long I'm playing short I have just as much to gain as you long and me short
I say its going down and it is!
Gold not going anywhere fast but lower and so will AGI
At 300 gold this deposit is marginal at best.
Gold will be back at 300oz before too long!When the US has the war under wraps gold will fall.Then What AGI puts it on the shelf.
US does not want gold running out of hand thus there will be a cap at some point.
Financing will dilute AGI to peanuts!My Opinion
Shareholders of MPV voice your concerns too TSE regulators
Quote from news release
"De Beers this year used a De Beers group composite of a year's production from kimberlite mines with wide ranges of production but similar dollar per carat values"
Who cares about De-beers Mines anyways it has nothing to do with a Canadian Mine or Canadian Diamonds.
De-beers Modeled Values are not the Canadian Standard for Diamond Values.If your a real shareholder start complaining to the TSE regulators.Lets get the real value of these diamonds and not De-beers way of South Africa Diamonds.If we do not get the real value then De-beers will drop another BOMB shell on us when Feasibility comes as now we are -23% of feasibility.I'm still fumed at the way Mountian Province Management is so Gullable to De-beers.
Rhonda Corporation did the right thing for there SHAREHOLDERS
Kensington Resources also Did the right thing for there SHAREHOLDERS
What about Mountian Province (they did nothing)for Shareholders
Send E-mails to here below and voice your concerns
http://www.tsx.com/
Canadian Standard for Diamonds
http://www.cim.org/committees/diamond_exploration_final.cfm
Shareholders of MPV voice your concerns too TSE regulators
Quote from news release
"De Beers this year used a De Beers group composite of a year's production from kimberlite mines with wide ranges of production but similar dollar per carat values"
Who cares about De-beers Mines anyways it has nothing to do with a Canadian Mine or Canadian Diamonds.
De-beers Modeled Values are not the Canadian Standard for Diamond Values.If your a real shareholder start complaining to the TSE regulators.Lets get the real value of these diamonds and not De-beers way of South Africa Diamonds.If we do not get the real value then De-beers will drop another BOMB shell on us when Feasibility comes as now we are -23% of feasibility.I'm still fumed at the way Mountian Province Management is so Gullable to De-beers.
Rhonda Corporation did the right thing for there SHAREHOLDERS
Kensington Resources also Did the right thing for there SHAREHOLDERS
What about Mountian Province (they did nothing)for Shareholders
Send E-mails to here below and voice your concerns
http://www.tsx.com/
Canadian Standard for Diamonds
http://www.cim.org/committees/diamond_exploration_final.cfm
View Next 10 Messages / Previous / Next
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WILLP you around need some comments on MTX
Chucky old boy has spent 1/2 Million dollars on
Aircraft field transportation.
Most Juniors don't spend that kind of money on
Aircraft field transportation.
Yes we all know the RUMMER of Holy Grail Motherload of Diamonds being found.
Possible that Chucky old boy has been flying out kimberlite Samples??
Pure speculation but warrants further investigation here :)
On UGMI
Wall Street Audio Posts Homeland Security Symposium Online
Thursday April 3, 9:00 am ET
SANTA ANA, Calif., April 3, 2003 (PRIMEZONE) -- Wall Street Audio (http://www.wallstreetaudio.com) posted its Homeland Security Symposium today. The Symposium features 11 public companies and two investment analysts.
WSA interviews: Markland Technology (OTC BB:MKLD.OB - News), Sciax Corporation (OTC BB:UGMI.OB - News), Bio-Key International Inc. (OTC BB:BKYI.OB - News) and Quintek Technologies (OTC BB:QTEK.OB - News).
Other public company participants include; Rainbow Technologies Mykotronx subsidiary, Viisage Technology, Inc., Saflink Corp, Markland Technology, Sciax Corporation, Bio-Key International Inc., Quintek Technologies, SonicJet Performance Inc., Texas Commercial Resources Visual Intelligence subsidiary, 21st Century Technologies, Inc. Innovative Weaponry Inc. subsidiary and Providential Holdings Clear Pass subsidiary.
Keynote speaker Dr. Joe Duarte (http://www.joe-duarte.com) opens the symposium with a comprehensive geo-political analysis. Mr. Brian Ruttenbur of Morgan Keegan and Company provides a detailed look at the industry itself.
The Symposium covers how specific companies in the Homeland Security industry may benefit from the move towards increasing our national security both at home and abroad. Specifically, the interviews discuss the companies products, marketing, research and development and strategic focus.
The Symposium is available on http://www.wallstreetaudio.com. Please look to today's copy of Investors Business Daily for further details.
Transcripts of the complete event are available online at the Wallstreetaudio.com website, or by calling the Company directly at 714-542-2785.
The Homeland Security Symposium is being sponsored by the participating public companies and also by Financial Content (http://www.financialcontent.com), VitalStream Holdings and PrimeZone Media.
About Wallstreetaudio.com
Wallstreetaudio.com is an Internet portal focused on corporate disclosure. WSA produces periodic industry specific web symposiums designed to provide important industry specific information to the investment community. WSA also produces a quarterly Investor Call with publicly traded companies which is available as a subscription service to the Company. Utilizing streaming audio technologies, WSA brings the investment community relevant and timely information on public companies who wish to provide investor's with regular access to important information. WSA is free to the public.
Contact:
Wall Street Audio
Todd Gilligan
714/542-2785
www.wallstreetaudio.com
TSX VENTURE SYMBOL: GEM
APRIL 3, 2003 - 10:09 EST
Pele Mountain Cuts Wide Intersection at Cristal
TORONTO, ONTARIO--Pele Mountain Resources Inc. (TSX Venture:GEM)
("Pele") (the "Company") is pleased to announce that a wide
intersection in drill core has confirmed the continuation of
Pele's Cristal diamond occurrence ("Cristal") at depth. A single
drill hole successfully intersected a true width of 90 to 100
meters of the diamond-bearing volcanic unit. A total of 123
tonnes of diamond-bearing rock has been processed from Cristal to
date, including the 13 tonne sample that returned a 0.72 carat,
white, gem quality diamond, along with 38 other commercial size
diamonds as reported in Pele's press release dated January 22,
2003.
The drill hole was initiated and positioned so as to determine
the thickness and down-dip continuity of the Cristal diamond
occurrence. Logging of the drill core indicates that the
diamond-bearing unit was intersected at 21.5 metres and continued
to a depth of 142.3 metres except for an intersection of
brecciated mafic to intermediate rocks between 87.1 to 98.6
meters. The drill hole was angled at 45 degrees and intersected
bedding and lithological contacts at 75 to 85 degrees. Additional
intersections of facies of rock related to the diamond-bearing
units were observed from 191.5 to 198.5 metres and from 210 to
218.2 metres before the hole was stopped at 219 metres. The drill
hole is located north of the common property boundary between
Pele's Festival Property and the GQ Property and confirms that
the Cristal diamond occurrence is dipping to the northeast onto
Pele's Property.
Pele is a Canadian mining exploration and development company and
a leader in the search for economic diamond deposits in Northern
Ontario. Pele controls a 100% mineral rights interest in the 101
square km Festival Diamond Property, which is located 25 kms
north of Wawa. Pele also owns a 100% interest in two gold
projects in northwestern Ontario. This press release had been
reviewed and approved by Dr. Edward Walker, P.Geo, of PetroLogic
Inc., an independent consultant and Qualified Person.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. Some
of the statements contained in this release are forward-looking
statements, such as estimates and statements that describe Pele's
future plans, objectives or goals, including words to the effect
that Pele or management expects a stated condition or result to
occur. Since forward-looking statements address future events and
conditions, by their very nature, they involve inherent risks and
uncertainties. Actual results in each case could differ
materially from those currently anticipated in such statements.
None of the Company's properties have any known ore body of
economic or commercial value.
-30-
CQR news out on Alexander NO GOLD
YUP
I here its fantastic but only the news will prove it.
Aber's News today was Dynamite $96 US per carat from 55US
Up 75& from 55US that huge dollars
MPV news coming out
Either after close or with a halt in the morning.
Anybody see Aber's news today :) :)
MPV news coming out
Either after close or with a halt in the morning.
Anybody see Aber's news today :) :)
PLY that was a real dog too that someone got here got alot of people in.GOLD IN MEXICO FOOLS GOLD WITH HIGH COSTS.