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MWM, is AMY still your #1 pick?
MWM, thanks for the informative post!!!!!! Enjoy your week ahead!
WS.V, this news should lift AMY.V, no?
So you guys would rather own AMY.V at this stage in the game than WS.V?
Kauaicat, thank you for your informative post!!!!!
MWM, I am surprised at AMY.V, with the most recent success of ws.v, am I missing something here?
MWM, thank you very much for your timely updates for AMY.V, one of my favorites right now!!!
strange, very very strange, I think amy.v will fly very soon, no?
MWM, thanks! Do you have an inclination as to why AMY.V is halted?
is AMY.V halted? I know their property is near Wildcat, no?
Molycorp Surging as Acquirer as China Raises Rare Earth Stakes: Real M&A
http://www.bloomberg.com/news/2011-03-07/molycorp-surging-as-acquirer-as-china-raises-rare-earth-stakes-real-m-a.html?cmpid=yhoo
COAL TO LIQUID companies, I see SYNM is flying today up 14%, I know of two others RTK and HW, wasn't there a few other coal to liquid companies discussed on this board?
COAL TO LIQUID companies, I see SYNM is flying today up 14%, I know of two others RTK and HW, wasn't there a few other coal to liquid companies discussed on this board?
Fortune Minerals Up 20%, Anthracite In Demand?
FT is not mining Anthracite (high grade met coal) but they have a huge potential at Mount Klappan. Maybe feelers have been leaked out as they have no intention of mining met coal without a partner with deep pockets.
Bobwins, was it RAGINGBULL.COM? did you ever use that site?
TOP STOCK COMMODITY PICKS for 2011. Good morning everyone. Does everone have their list together for their top commodity plays for 2011?
10bagger, Norwegians are getting a hair cut across the baord, any "new" macro news?
10bagger, Norwegians are getting a hair cut across the baord, any "new" macro news?
Hank, Did you see this post from allevett from SI baord?
Have you heard anything negative regarding PAR.OL. The stock price is getting hammered on a daily basis. Swedish economy sucks according to my brother-in-law. The social democratic party has enormous popularity again. I guess the welfare state doctrine hasn't embraced the new conservative thinking.
Hank, Did you see this post from allevett from SI baord?
Have you heard anything negative regarding PAR.OL. The stock price is getting hammered on a daily basis. Swedish economy sucks according to my brother-in-law. The social democratic party has enormous popularity again. I guess the welfare state doctrine hasn't embraced the new conservative thinking.
Hank, Did you see this post from allevett from SI baord?
Have you heard anything negative regarding PAR.OL. The stock price is getting hammered on a daily basis. Swedish economy sucks according to my brother-in-law. The social democratic party has enormous popularity again. I guess the welfare state doctrine hasn't embraced the new conservative thinking.
Here is a statement by Paulson..."After years of unsustainable price appreciation and lax lending practices, a housing correction is inevitable and necessary," Paulson said.
So if the jerks knew about "lax lending practices", why didn't they do anything about it????????????????? What a joke this is...
10bagger, NEC.OL Norse Energy up about 8% today..nice looking chart..I think you said you steered away from this one....do not know why it is up but I think because of the Petrobras hype and the proximity of their work....
Tenajon Intersects High Grade Molybdenum Values at Moly Brook
news out....up 23%
Tenajon Resources up 23%, TJS on the TSX Ventures, any news that I missed?
What happened to RAINMAN??? RAINMAN, where are you???
10bagger and all, Happy New Year!!!, a healthy and successful one!!!
Norse Energy Corp,(NEC on the Norwegian).... in partnership with Petrobras (Operator) and
Queiroz Galvão Oil & Gas, is pleased to announce the following Manati
field update;
Manati MNT-4 has been tied-in and all six wells are now producing.
Production is scheduled to adjust in accordance with market demand.
Production in Q4 is currently estimated to average about 4.7 MM
m3/day. The last recorded production volume prior to MNT well #4
online was 5, 8 MM m3/day.
For further information please do not hesitate to contact:
Anders Kapstad
Phone: +47 67 51 61 12
Cell: +47 918 17 442
Transmeridian Exploration Announces Definitive Agreement For Sale of Company --
HOUSTON, Dec. 31, 2007 (PRIME NEWSWIRE) -- Transmeridian Exploration
Incorporated (AMEX:TMY) today announced that the Company and Trans Meridian
International, Inc., a British Virgin Islands company formed by the Company's
Chairman and Chief Executive Officer Lorrie T. Olivier ("TMI"), have entered
into a definitive merger agreement pursuant to which TMI, through a wholly owned
subsidiary, will commence a tender offer to purchase all of the Company's
outstanding shares of common stock for a price of $3.00 per share, payable net
to the seller in cash. The purpose of the tender offer is to acquire for cash as
many outstanding shares as possible of the Company's common stock as a first
step in a "going private" transaction resulting in TMI acquiring the entire
equity interest in the Company. If the transaction is completed, TMI
contemplates that the shares of the Company's common stock would be delisted
from trading on the AMEX and deregistered with the Securities and Exchange
Commission.
The $3.00 per share cash consideration represents a 114% premium over the $1.40
closing price of the Company's common stock on December 28, 2007, the last full
trading day prior to announcement of the transaction, and implies an enterprise
value of the Company of approximately $825 million. The Company's disinterested
directors have unanimously approved the merger agreement and tender offer and
will recommend that the Company's stockholders tender their shares into the
offer and vote for the back-end merger, if required.
Commencement of the tender offer is conditioned on adequate financing having
been made available to TMI and its acquisition subsidiary. The closing of the
tender offer is subject to other terms and conditions customary for transactions
of this type, including that the Company's stockholders shall have tendered a
number of shares into the offer that, when added to the shares of common stock
owned by TMI and its affiliates, including Mr. Olivier and his family interests,
represents at least a majority of the shares of the Company's common stock,
calculated on a fully diluted basis. Upon completion of the tender offer,
subject to any requisite stockholder approval, TMI's acquisition company will be
merged with and into the Company, and stockholders will receive the same per
share cash consideration as was paid to holders in the tender offer.
The merger agreement permits the Company to solicit competing offers for the
acquisition of the Company until the financing condition to TMI's obligation to
commence the tender offer is satisfied. If at any time the Company receives a
competing offer that the Board determines to be a "superior proposal," the
Company may terminate the merger agreement and accept the proposal without being
required to pay TMI any termination or "break-up" fee, other than reimbursement
of TMI's expenses of up to $3,000,000. The Company also has the right to
terminate the merger agreement without liability to TMI at any time after
January 31, 2008 if the financing condition remains unsatisfied as of such time,
and TMI may terminate the merger agreement at any time after February 29, 2008
if this condition is not satisfied at such time, in either of which cases TMI
would incur no liability to the Company.
About Transmeridian Exploration Incorporated
Transmeridian Exploration Incorporated is an independent energy company
established to acquire and develop reserves in the Caspian Sea region of the
former Soviet Union. The Company primarily targets fields with proved or
probable reserves and significant upside reserve potential. Transmeridian
Exploration currently has projects in Kazakhstan and southern Russia and is
pursuing additional projects in the Caspian Sea region.
THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER TO BUY
OR A SOLICITATION OF AN OFFER TO SELL ANY SHARES OF THE COMPANY'S COMMON STOCK
OR OTHER COMPANY SECURITIES. THE SOLICITATION AND THE OFFER TO BUY SHARES OF THE
COMPANY'S COMMON STOCK WILL BE MADE ONLY PURSUANT TO AN OFFER TO PURCHASE,
LETTER OF TRANSMITTAL AND RELATED MATERIALS TO BE DISTRIBUTED TO HOLDERS OF THE
COMPANY'S COMMON STOCK. AT THE TIME THE EXPECTED TENDER OFFER IS COMMENCED,
TMI'S ACQUISITION COMPANY WILL FILE THESE TENDER OFFER MATERIALS WITH THE
SECURITIES AND EXCHANGE COMMISSION AND THE COMPANY WILL FILE A SOLICITATION/
RECOMMENDATION STATEMENT WITH RESPECT TO THE OFFER. ONCE FILED, THE COMPANY'S
STOCKHOLDERS SHOULD READ THESE MATERIALS CAREFULLY PRIOR TO MAKING ANY DECISIONS
WITH RESPECT TO THE OFFER BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION,
INCLUDING THE TERMS AND CONDITIONS OF THE OFFER. INFORMATION CONCERNING MR.
OLIVIER AND HIS BENEFICIAL OWNERSHIP OF THE COMPANY'S COMMON STOCK AND HIS OTHER
POTENTIAL INTERESTS IN THE TRANSACTION DESCRIBED IN THIS PRESS RELEASE MAY BE
FOUND IN THE COMPANY'S PROXY STATEMENT FILED WITH THE SEC UNDER SCHEDULE 14A ON
APRIL 17, 2007 AND IN MR. OLIVIER'S SCHEDULE 13D AND AMENDMENTS THERETO FILED OR
TO BE FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. ALL OF THESE MATERIALS
ARE OR WILL BE AVAILABLE FREE OF CHARGE ALSO AT THE SEC'S WEBSITE AT
WWW.SEC.GOV, FROM THE INFORMATION AGENT NAMED IN THE TENDER OFFER MATERIALS, OR
FROM TMI.
For more information please contact the following:
Earl W. McNiel, CFO
5847 San Felipe, Suite 4300
Houston, Texas 77057
Phone: 713-458-1100
Fax: 713-781-6593
E-mail: tmei@tmei.com
Website: www.tmei.com
This press release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, which are intended to be
covered by the safe harbors created therein. Investors are cautioned that all
forward-looking statements involve risks and uncertainties, including but not
limited to those discussed in Transmeridian Exploration Incorporated's Annual
Report on Form 10-K for the year ended December 31, 2006 and other filings with
the Securities and Exchange Commission (SEC). Although the Company believes the
assumptions underlying the forward-looking statements contained herein are
reasonable, there can be no assurance that the forward-looking statements
included in this press release will prove to be accurate. In light of the
significant uncertainties inherent in the forward-looking statements included
herein, the inclusion herein should not be regarded as a representation by the
Company or any other person that the objectives and plans of the Company will be
achieved.
SST Silverstone Resources is up about 9.64%, .24, any news that I missed?
LBE up 24% right now!!!!
10bagger, I greatly admire your prowess into stock market trends, especially with he Norwegians....what made you come to the conclusion that the next good "wave" was going to go from companies like SDRLF to next big wave, the FPSO's like SEVAN Marine? I admire your great astuteness! Thanks again! PMACA
10bagger Norway EOC news..-- Singapore's Ezra unit wins $148 mln vessel contract --
SINGAPORE, Nov 28 (Reuters) - Singapore's Ezra Holdings
<EZRA.SI> said on Wednesday that its unit has won a $148 million
deal to provide vessels for offshore construction work in the
Malaysian-Thailand oil and gas Joint Development Area.
The project, clinched by Ezra's Oslo-listed unit EOC Ltd
<EOCL.OL>, is expected to start in the third quarter of 2008 and
end a year later, the statement said.
(Reporting by Melanie Lee)
((melaniest.lee@reuters.com; +65 6403 5666; Reuters Messaging:
melaniest.lee.reuters.com@reuters.net))
Keywords: EZRA SINGAPORE/
10bagger- eoc news-- Singapore's Ezra unit wins $148 mln vessel contract --
SINGAPORE, Nov 28 (Reuters) - Singapore's Ezra Holdings
<EZRA.SI> said on Wednesday that its unit has won a $148 million
deal to provide vessels for offshore construction work in the
Malaysian-Thailand oil and gas Joint Development Area.
The project, clinched by Ezra's Oslo-listed unit EOC Ltd
<EOCL.OL>, is expected to start in the third quarter of 2008 and
end a year later, the statement said.
(Reporting by Melanie Lee)
((melaniest.lee@reuters.com; +65 6403 5666; Reuters Messaging:
melaniest.lee.reuters.com@reuters.net))
Keywords: EZRA SINGAPORE/
Roguedolphin for President!! This country needs a good revolution..... pretty soon, maybe not in my lifetime, I am 38 years old, but more than likely in one of the next generations.............
When Connie Francis sang "Eveybody is Somebody's Fool, everyone is somebody's plaything..there are no exceptions to the rule......I guess this is what the FED and the US BANKS, GS and co. had in mind with their massive subprime/mortgage scam...and in this holiday season, let all of those who particiapted in this repent for those who no longer live with a roof over their heads.....every bank/banker with their lofty bonuses should contribute/fund the homeless for this!!!!
How are you doing today 10bagger? Did you have a good holiday? I am not quite sure, are you American? I thought you may be Norwegian??? LOL..I wonder what ever would have given me that impression!! LOL...Enjoy your weekend too!!! PMACA
Metalline Intersects 95 Meters Averaging 166 Grams Per Tonne Silver in New Zone at... --
Metalline Intersects 95 Meters Averaging 166 Grams Per Tonne Silver in New
Zone at Sierra Mojada
COEUR D'ALENE, Idaho, Nov. 21 /PRNewswire-FirstCall/ -- Metalline Mining
Company (Amex: MMG) announced the status of its current drilling at the Sierra
Mojada Project, Coahuila, Mexico.
During the first part of 2007, from January through mid-April, Metalline
conducted a program of diamond drilling in the western part of the San
Salvador mine with the principal objective of evaluating relatively shallow
silver mineralization in that area. A parallel program of longhole drilling
was conducted from old workings elsewhere on our concessions where preliminary
sampling had indicated silver mineralization. Longhole sampling uses
percussion drills mounted on hydraulic supports ("jacklegs") to obtain samples
at distances of 10 to 20m outward from old mine workings. Total core drilling
during this period was 2074 meters and longhole drilling added 2981m of
samples.
A large number of longhole samples returned encouraging silver values and
several exploration targets were defined for future drill testing. Some of
these targets have been drilled, but as discussed below, we have no assay
results from these holes. One of the more interesting holes from drilling into
the area to the west of the San Salvador shaft was drill hole D1061106. This
hole was drilled from a drill base adjacent to the shaft on the 3 level of the
San Salvador mine, approximately located at UTM coordinates 631,466E;
3,017,102N; elevation 1395 meters. The hole was oriented on an azimuth of
300 degrees and on a +25 degree dip. Between 38 and 43 m, the hole crossed a
5 meter zone that averaged 347 gm/tonne silver (11.1 ounce/tonne) and 0.55%
Cu. A 95 m interval between 84 and 179m averaged 166 gm/tonne silver
(5.3 ounce/tonne) and 0.16% copper. Within this zone, the 40 meter interval
from 90 to 130m averaged 229 gm/tonne silver (7.3 oz/tonne) and 0.2% copper.
The zinc and lead content of all of these intercepts is economically
insignificant. The true thickness of the zone is unknown. The mineralized
intercept is within 100 meters of the surface in this area. Analytical results
will be posted on the Metalline web site in the news releases section
(http://www.metalin.com/news_release.html).
This work came to a halt in mid-April when the geotechnical drilling
program began, but after geotechnical drilling was completed in early August,
diamond drilling was resumed from drill bases in the Encantada mine. We are
currently operating two drills on a double shift basis, and have drilled
3194.55 m in the period 9 August through 10 November. Part of that drilling
was for training new operators using our smaller Termite drills. We have
processed and shipped pulps for assay on 2372 core samples and 124 longhole
samples, representing about 2620 meters of samples, during the period since
early October. Unfortunately it is currently taking more than 6 weeks for
shipments from Mexico to reach our commercial laboratory in Vancouver, and
none of the samples that have reached the laboratory have yet advanced to
begin analysis. We do not know how long it will be before we have assay
results from the samples that have been shipped, but we anticipate a flow time
of at least 8-10 weeks from the time we ship samples until we receive results.
Indications are that the normal winter season reduction in mining exploration
activity in Mexico is not occurring this year and that the pace of external
activity may even be accelerating.
We had anticipated many of these developments and implemented a plan in
early 2007 to deal with the difficulties. During the pause in normal drilling
activities for geotechnical drilling, a major upgrade of our sample
preparation laboratory was performed. This improved both equipment and
facilities as recommended by our consultants. This project was largely
completed by late August.
We placed orders for two addition drills, an additional Onram 1000 in
March and an improved Termite in April. The Onram arrived at the Mexican
border in late October but had been damaged in transit by the shipping company
and was returned to the manufacturer for inspection and repair. The improved
Termite is at the border awaiting import. We have trained crews to operate for
all four drills (two Onram 1000 and two Termites) on a double shift basis.
Suppliers of drill rod, drill bits, and drilling supplies are failing to meet
their delivery commitments, with slides in delivery dates on the order of many
months, but we have adequate supplies on hand to put all of our drills in
operation.
When logging core at Sierra Mojada it is not possible to visually
estimate the grade of silver mineralization. Silver assays are vital to using
the results of previous drilling to direct new holes. A delay of 8-10 weeks
is unacceptably long for this purpose. We recognized this limitation early in
the year and began construction of an on-site chemistry laboratory capable of
giving us assays to screen our samples and provide timely feedback to
operations. We have just completed installation of a Varian model 240-FS
atomic adsorption spectrophotometer (AA unit) and are completing fume hood and
sample digestion facilities in the laboratory. The technicians have completed
training on the AA unit and will be perfecting laboratory procedures using our
standard sample suite. We expect to have the analytical laboratory in
production by the first of the year.
Drilling continues with two objectives. The primary objective is to
resolve issues raised by our engineers and consultants in completion of the
feasibility study on the oxide zinc mineralization. This includes providing
"piercing points" that better define the top of the mineralized zone,
increasing confidence in some areas where more data points are required, and
refining knowledge of the geology and orebody continuity adjacent to major
faults. The second objective is to provide additional data on silver
mineralization so that a resource model can be constructed for silver.
About the Company
Metalline Mining Company is an exploration stage enterprise engaged in the
business of mining. The Company currently owns mining concessions in the
municipality of Sierra Mojada, Coahuila, Mexico. The Company conducts its
operations in Mexico through its wholly owned Mexican subsidiaries, Minera
Metalin S.A. de C.V. and Contratistas de Sierra Mojada S.A. de C.V. To obtain
more information on Metalline Mining Company, visit the Company's web site
(http://www.metalin.com).
Forward-Looking Statements
This news release contains forward-looking statements regarding future
events and Metalline's future results that are subject to the safe harbors
created under the Securities Act of 1933 (the "Securities Act") and the
Securities Exchange Act of 1934 (the "Exchange Act"). These statements are
based on current expectations, estimates, forecasts, and projections about the
industry in which Metalline operates and the beliefs and assumptions of
Metalline's management. Words such as "expects," "anticipates," "targets,"
"goals," "projects," "intends," "plans," "believes," "seeks," "estimates,"
"continues," "may," variations of such words, and similar expressions, are
intended to identify such forward-looking statements. In addition, any
statements that refer to projections of Metalline's future financial
performance, Metalline's anticipated growth and potentials in its business and
other characterizations of future events or circumstances are forward-looking
statements. Readers are cautioned that these forward-looking statements are
only predictions and are subject to risks, uncertainties, and assumptions that
are difficult to predict, including those identified elsewhere herein and
Metalline's Annual Report on Form 10-KSB for the fiscal year ended October 31,
2006 under "Risk Factors." Therefore, actual results may differ materially
and adversely from those expressed in any forward-looking statements.
Metalline undertakes no obligation to revise or update any forward-looking
statements for any reason.
SOURCE Metalline Mining Company
Metalline Mining Company, +1-208-665-2002, fax, +1-208-665-0041,
metalin@attglobal.net
Symbols:
DE;LZ6 US;MMG
21-Nov-2007 14:00:00 GMT
Source PRN - PR Newswire
Categories:
NWI/MNG MST/I/COA MST/I/MNG MST/I/NFR MST/L/EN MST/R/MX MST/R/US/ID TGT/PRX
from Siliconinvestor...PAR lowered production guidance going forward... but still reasonable, imo. Stock is inexpensive below NOK 60.
Laurin
PA Resoures kutter oljeprognose
Oljeselskapet PA Resources kutter produksjonsanslagene for inneværende og neste år.
Artikkel av: Thomas Erling Oksum (HegnarOnline - 14.11.07 09:06)
Oljeselskapet PA Resources mener det skal klare en oljeproduksjon på rundt 16.000 fat per dag mot slutten av 2007, mot tidligere guiding på 23.000 fat per dag. Det fremgår av kvartalsrapporten i forbindelse med dagens Q3-tall. Kuttet begrunnes med at produksjonen på Volve-feltet på norsk sokkel utsettes.
Gjennomsnittsproduksjonen for 2008 guides til 22.000 fat per dag, mot tidligere forventninger om en produksjon på 25.000 fat per dag ved utgangen av året. Samtidig gjentas målet om en produksjon på 50.000 fat per dag i 2011.