FREEDOM 51 !!!!!!!!!!!!!!!!!!!!!!!!
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THMG .21 x .25
THMG huge bid support now at .20
THMG looks thin on the ask
THMG .20 x .22
THMG volume coming in ask is thinning
THMG getting ready to go here next.....
FWGO here we go u/t .11 x .115
ALMI .13 x .14 recovering nicely
Gold heading for hod's now up $5.80
ALMI looks to be turning here.
FWGO heading to .20 imo
FWGO bid support ask is thinning out......
SCVWF quiet right now but company is being reactivated and is getting back into gold exploration. Structure is excellent and it has solid players backing it. Once the promo starts this one will head higher quickly.
Gold cranking now up $5.10. THMG will break through .20 easily and it is very thin to .50.
IMNY at hod
TTXI huge bid support coming in.....
IMNY looks like it's going to break upwards
FWGO going to go here.........
TTXI ripping now.........19 x .20
TTXI level II looks like .15 is the target. Get through that and it goes higher quickly
TTXI .10 x .12 6 mm's on bid at .10
NAU-v
NORTH AMERICAN GOLD OPTIONS TWO GOLD PROJECTS IN SWEDEN
North American Gold has entered into two agreements with MinMet PLC of Dublin, Ireland, whereby North American has an option to acquire a 60-per-cent interest in two advanced gold properties totalling 4,766 hectares in the Skellefte massive sulphide district of northern Sweden.
MinMet (Dublin: MNT.L), an international mining and exploration company, has mining operations in Sweden and holds title to an extensive portfolio of exploration projects in the country. The agreements with North American relate to the Barsele and Norra properties, which are located about 200 kilometres west of MinMet's Bjorkdal gold mine.
Barsele property
Mineralization was first identified at Barsele in 1989 following up anomalous values located in a regional till sampling program. Since then several shallow drill campaigns have defined a northwest/southeast trending intrusive body hosting gold mineralization in stockworks and veins.
Highlights of drill results obtained at the Central zone include:
Section From To Length Gold
(m) (m) (m) (m) (g/t)
Hole No. 89005
925E 136 196 60 1.54
Hole No. 89701
950E 13 70 57 1.20
Hole No. 90002
950E 44 127 79 1.27
incl. 54 82 28 3.16
Hole No. 89001
975E 15 143 128 1.20
incl. 80 103 23 2.80
Hole No. 89002
975E 10 149 139 1.21
incl. 79 85 6 3.47
Hole No. 89003
975E 48 83 35 1.72
Hole No. 89705
1000E 13 26 13 2.26
Hole No. 89706
1000E 9 70 61 1.68
Hole No. 90001
1000E 90 128 38 1.96
and 172 192 20 4.08
Hole No. 90730
1025E 104 120 16 2.46
All results represent uncut weighted averages of selected drill holes.
Higher grade zones are present within the area explored by prior drilling, for example hole 90727 which returned seven metres at 18.7 grams per tonne gold. Anomalous gold in till indicates a potential strike length to the mineralized zone of over eight kilometres while drilling indicates potential widths of 25 to 200 metres to the mineralized bodies.
Under the terms of the option agreement North American can earn a 60-per-cent interest in Barsele by spending $2-million (U.S.) on exploration and development and issuing 200,000 shares to MinMet over a three-year earn-in period.
Norra property
Under a second option agreement, North American can also acquire a 60-per-cent interest in the adjoining Norra property by incurring $1.5-million (U.S.) in exploration costs within three years, and issuing a further 200,000 shares to MinMet. The Norra property is a deformed, gold-rich, massive sulphide prospect. Selected results from a previous shallow drill program at Norra include:
From To Length Gold Silver
(m) (m) (m) (g/t) (g/t)
Hole No. 901726
4 9 5 17.76 194.0
Hole No. 91303
16 29 13 8.08 53.1
incl.
17 20 3 18.6 106
Hole No. 91310
17 29 12 4.55 70.8
Hole No. 91315
27 33 6 7.28 43.1
Hole No. 91317
10 18 8 4.77 85.5
Hole No. 91318
10 16 6 9.16 33.0
Hole No. 91D004
36 38 2 11.22 56.8
All results represent uncut weighted averages of selected drill holes.
Significant copper and zinc values were returned in many of the above reported intersections and this prospect has similarities in geological setting and alteration to the Boliden gold deposit in the Skelleftea district which has historic production of 3.9 million ounces of gold from ore averaging 15 grams per tonne. Mineralization, structure and lithologies at Norra are similar to many other VMS deposits in the Skellefte district, which commonly consist of multiple deposits along a favourable stratigraphic horizon.
North American will be starting geophysical and diamond drilling programs to further advance the Barsele and Norra prospects following a short due diligence period including data verification.
North American's management is impressed with the merits and potential of operating in Sweden, and are happy to be involved with a quality partner such as MinMet. Sweden has an established mining code, guaranteed mineral tenure, favourable tax regime and excellent infrastructure, with a proven record of turning exploration projects into profitable mines.
The technical data in this news have been provided to North American by MinMet. In accordance with NI 43-101, Harmen Keyser, PGeol, is the qualified person responsible for ensuring that they are summarized accurately.
For further details on these properties and the agreements please visit North American's Web site at: www.northamgold.com.
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SCVWF getting back to gold exploration. Recently had a change of control. Has been fairly dormant for years. Looks like it's going to get some play and is ready to start moving higher
SCVWF getting back to gold exploration. Recently had a change of control. Has been fairly dormant for years. Looks like it's going to get some play and is ready to start moving higher
MMI-v Check it out. Excellent structure. Strong players on board. Great properties. Everything is in place for a strong promotion. IMO this will be one of the big winners on the back of the strong gold market we are in now.
http://www.smallcapmedia.com/gold-picks/messina-minerals.htm
MMI-v Check it out. Excellent structure. Strong players on board. Great properties. Everything is in place for a strong promotion. IMO this will be one of the big winners on the back of the strong gold market we are in now.
http://www.smallcapmedia.com/gold-picks/messina-minerals.htm
TTXI .09 x .105 getting some attention again
TTXI looks like it's ready to move higher
NPTU looks interesting
August 29th, 2003
Further to the general thoughts from Dr. Greig included in our original proposal he has provided the following brief information regarding a specific hotel project he is currently pursuing. Upon the completion of the re-organization Naptau will be eligible for up to a 20% participation in the project.
Project Outline
Type: Hotel Acquisition
Asset Value: $348,000,000
Financing In Progress: $165,000,000
Initial Outlay: $185,000 for insurance and financing commitment
One Leads to Another
If this project moves as contemplated it is slated to be the first of further acquisitions of this type.
Re-Organization Calendar of Events
September 2-3................................. Mailing of Amended Re-Organization Plan
September 17 .................................. Deadline for return mailing of Responses
September 24 .................................. Determination of Results
CAUTIONARY STATEMENT
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This Supplemental includes certain “forward-looking statements”. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of Naptau, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Naptau’s expectations are the approval of the Re-Organization plan, availability of projects detailed herein, and from time to time in the filings made by Naptau with securities regulators.
--------------------------------------------------------------------------------
NAPTAU GOLD CORPORATION
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TTXI looking solid on level II
4 X 1 .095 x .11
NPTU looks like some serious money coming into the company. New directors seem to be well connected and are planning on putting significant assets into the company
TTXI I called I.R. yesterday and he said Don was getting ready to go to China again (end of the week ??) He also mentioned that the lawyers were getting together and that Don would only go to China with a signed deal in his hands. He also sounded positive and upbeat that everything seemed to be falling into place.
TTXI check out level II. Looks like it's going to pop higher.
TTXI if this comes together it sounds like this could be huge. This shell has been groomed for a big play and it looked the pieces are finally falling into place.
TTXI .075 x .09
TTXI bid building....creeping up
Ofek Capital's Revenues Increase 44%
2003-10-07 10:00 ET - News Release
TORONTO, Oct. 7, 2003 (PRIMEZONE) -- Ofek Capital Corp. (Pink Sheets:OFCC), a fully reporting company, announced today that it has filed their consolidated financial statement for the first 9 months ending July 31. The filing was submitted through SEDAR.
Comparative results between the first 9 months ending July 31, 2002 and the first 9 months ending July 31, 2003 are as follows:
-- Revenues increased 44% from $1,079,209 to $1,556,329
-- Profit before special write down of goodwill in the first quarter
is $122,381 compared to a loss of ($122,137)
-- Cash flow from operations increased 313% from $159,412 to $497,961
-- Assets decreased from $4,707,146 to $3,275,292 as a result of
special total write down of goodwill in the first quarter
Management expects to see continued growth of revenues as well as an increase in our operational profits over the coming year. Management expects significant gains of cash flow from the increasing operations during the next year as well.
The entire filing can be viewed at SEDAR, which is the System for Electronic Document Analysis and Retrieval for public securities filings in Canada at www.sedar.com.
Management believes that by reducing its current cost of capital and increasing capital availability, the earnings potential for Ofek will be exponentially increased. Mr. Shalom Romm, CEO of Ofek, states, "We are very encouraged by these financial results as they attest to our ability to minimize risks in the sub-prime lending marketplace, the marketplace we have targeted because of the high profit margins possible. Now that we have clearly demonstrated that our lending criteria and operations work profitably, our next step is to expand our lending portfolio by increasing it through obtaining additional capital at sharply reduced interest rates. As we recently indicated, the institutional lenders have begun to recognize Ofek as a qualified client."
Separately, the MacReport.net interviewed Mr. Shalom Romm, CEO of Ofek. The audio interview is available at www.themacreport.net
About Ofek Capital
Ofek www.OfekCapital.com is a North American financial services company that operates within the sub-prime lending and financing market. Ofek believes that the sub-prime market is the most lucrative niche in the financial services industry.
Ofek Capital subsidiaries include: AJM Leasing, Mortgage Bankers of North America and SecondaryMarkets.
-- Ofek leases used cars through its Ontario subsidiary, AJM Leasing
-- Mortgage Bankers of North America, a California subsidiary,
anticipates offering traditional mortgage banking services in 24
states
-- SecondaryMarkets, a California subsidiary, anticipates the
development of a proprietary, patent pending, automated submission
and lending approval software system. It will be state-of-the-art
and capable of generating immediate loan approval from multiple
loan providers
This release contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, which reflect management's expectations regarding Ofek's future growth, results of operations, performance and business prospects and opportunities. These statements reflect management's current beliefs and are based on information currently available to management. Forward-looking statements involve significant risks, uncertainties and assumptions. A number of factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements.
CONTACT: Ofek Capital Corp.
(416) 736-4800
info@ofekcapital.com
TIGER INTERNATIONAL RESOURCES ANNOUNCES PHILIPPINE GOLD PROPERTY ACQUISITION
Tiger International Resources has signed an agreement, dated Sept. 19, 2003, to acquire the Esperanza gold project in the Philippines, located in the north area of the Philippines near Baguio City.
The terms of the acquisition are that Tiger owns 90 per cent of the project and the vendor, Pan Asia Exploration Services Inc., owns 10 per cent, and that Tiger will finance the exploration, development, mining exploitation and government requirements to bring the project to feasibility within 24 months.
Tiger shall pay $18,000 (U.S.) by Sept. 19, 2004, to Pan Asia for expenses and consideration. A payment of $1.50 (U.S.) per troy ounce of gold reserve, to a maximum of $4.5-million (U.S.), as defined by a feasibility study, is payable to Pan Asia within six months of receipt by Tiger of the final feasibility study. Should financing be unprocurable for this payment, the payment shall be made from cash flow from production within five years. Both parties shall use their best efforts to buy out an existing 2.5-per-cent royalty agreement on the project.
Pan Asia warrants that it holds 100 per cent of the mining rights, title and interest to the Esperanza gold project, and holds geological records and reports of prior exploration which it will share with Tiger.
Tiger management is aware of previous exploration having been conducted on the Esperanza gold project, including drilling and sampling by BHP/Billiton. The region is a known gold-bearing area within the major Metallongenic province of the central Cordillera of Luzon in the Philippines. A number of world-class gold deposits are located in this region, including Acupan (six million ounces of gold produced), which is located three kilometres north of the Esperanza gold project. Details of this information will be reported to the market as it comes to hand.
ARES going through .01
ARES on the move