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Nevada
RUBICON HOLDS ONE OF NEVADA'S LARGEST LAND POSITIONS, CONTROLLING 225,000 ACRES
Extensive property package
Southern Snake Mountains — Carlin Model
Long Canyon is the target environment
2007 reconnaissance
Look at synergies in region
2008 $0.5 MM program
ALASKA
RUBICON HOLDS THE LARGEST LAND POSITION IN ALASKA - 512,960 ACRES
Proven "elephant" country
Highly under prospected
Experienced labour force
Secure tenure on land
Favourable tax regime
Pro-development government
Control of emerging district
History says Pogo is not unique
2006 work identifies targets
Minimum $2.5 MM in 2008, includes drilling
Shoshone Silver Increases Western Gold Group
August 3, 2007-- Shoshone Silver Mining is pleased to announce it has increased its Western Gold Group to a total of 13 claims covering approximately 240 acres. The Western Gold Group is located in the Oatman Mining District, the most productive primary gold district in Arizona with over two million ounces of recorded production at average grades exceeding one-half ounce per ton. Shoshone now controls 560 acres of land in the Oatman District.
The claims cover and surround historic workings in the district, and are located one mile west of the Gold Road Mine and one mile north of the United Western Mine, both owned and formerly operated by Addwest Minerals. Gold deposition appears to be a late feature associated with the Moss porphyry intrusion. The gold bearing ore bodies of the Oatman District are located along northwest trending veins and faults. The main mineralized structures within the property are the United and Middle veins. These veins were mined at the United Western and United Eastern Mines. Electrum is the predominant ore mineral. Gangue minerals include quartz, calcite, adularia, minor fluorite, and trace amounts of pyrite, marcasite, and chalcopyrite.
Shoshone Silver’s Lakeview Mill in Operation
September 20, 2007 -- WALLACE, ID -- Shoshone Silver Mining (OTC: SHSH) is pleased to announce that its Lakeview Mill has returned to operations. The mill is currently processing previously stockpiled material mined in the Lakeview District. Shoshone expects to continue processing this stockpiled ore through the beginning of the 2008 season.
Improvements to the 100 ton per day facility include a new, self-contained water management system capable of supporting processing of up to 1000 tons per day, and a new system for handling ore designed to simplify operations. Shoshone intends to further upgrade and expand the mill as part of its overall Lakeview strategy.
Shoshone holds 920 acres of land in the immediate vicinity of the mill, which includes the formerly producing Conjecture, Idaho Lakeview, Weber and Keep Cool mines, and a total of 1100 acres in the general Lakeview area. The company plans to begin exploration in the Lakeview District in late 2007 to early 2008.
Still hangin around
Shoshone Silver Expands Lakeview District Holdings
Shoshone Silver Mining (OTCBB:SHSH) is pleased to announce that it has added 180 acres of new claims to its Lakeview District holdings. Shoshone now controls over 1100 acres in the District, which includes the Conjecture, Idaho Lakeview, Weber and Keep Cool Mines. The Lakeview District, located in Bonner County, Idaho, approximately 35 miles north of the Silver Valley, hosts a geology and mineralization similar to that found in the Silver Valley.
The new claims are adjacent to Shoshone’s Conjecture Mine on a northeast extension of the Conjecture shear known as the Silver Leaf. Historic assay results obtained from Sunshine Mining and Refining Company, a prior operator of the Conjecture Mine, indicate that some of the highest silver values at the Conjecture site were found in this region.
Current and Future Lakeview Operations
Shoshone reopened its Lakeview Mill in September when it began processing previously mined and stockpiled ore. Upgrades to the building housing the mill are ongoing and will continue throughout the winter. Shoshone expects to begin limited production from its Weber Mine in spring, 2008. Concurrent with mining at the Weber, Shoshone plans to conduct a cohesive exploration program in the Lakeview District.
About Shoshone Silver Mining
Founded in 1969 as a silver exploration, development and production company, Shoshone maintains a diverse portfolio of mineral exploration projects across the western United States and Mexico, including its late stage exploration Bilbao project in Zacatecas, Mexico. Shoshone stock trades on the Over the Counter Bulletin Board under the symbol "SHSH."
For further information, please visit the company’s website at www.shoshonesilvermining.com.
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management as well as assumptions made by and information currently available to management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results.
There has been a lot of talk of late of potential sales of I.M.F. gold. The more we look at the subject, contrary to our previous view, the more likey it seems possible [not yet probable], but if it does happen, it will not happen again thereafter for solid reasons. If the sales do take place they will happen from September 2008 onwards.
It will still have to get past the U.S. Congress a most formidable and possibly insurmountable obstacle.
The first question that will be asked is just whose gold do they want to sell, after all the gold held by the I.M.F. belongs to each individual nation that contributed it, so how dare the administrative side of the I.M.F. propose selling its members gold and how dare some members of the I.M F. approve of the sale without getting the OK from other members?
The answer is quite simple. The I.M.F. does not believe that the gold they propose selling belongs to any member at all, but in fact, belongs to the I.M.F itself. Consequently, the only discussion surrounds the disposal of the I.M.F.’s own assets! How could the I.M.F. get its own gold?
The purchase of two members gold by the I.M.F.
Between December 1999 and April 2000, separate but closely linked transactions involving a total of 400 tonnes [12.9 million ounces] of gold were carried out between the I.M.F. and two members (Brazil and Mexico) that had financial obligations falling due to the I.M.F.
But this was not a sale into the open market, but an “internal sale”. In the first step, the I.M.F. sold gold to the members at the prevailing market price and the profits were placed in a special account and then invested for the benefit of the HIPC Initiative.
In the second step, the I.M.F. immediately accepted back, at the same market price, the same amount of gold from the member in settlement of that member's financial obligations falling due to the Fund. The net effect of these transactions was to leave the balance of the I.M.F.' holdings of physical gold unchanged. However, ownership of that gold moved from Brazil and Mexico to the I.M.F.
To emphasize the point and giving it relevance to the present proposals, this 400 tonnes of gold no longer belongs to Brazil or Mexico it now belongs to the I.M.F. itself!
This could change the attitude of the members of the I.M.F. as it has changed the attitude of the largest members, the G-7 countries, the Group of Seven rich nations [U.S. Japan, Germany, Britain, France, Italy and Canada] already.
This increases the chances of a sale this time, while not affecting any other member’s gold. To give you a little more background on the I.M.F. so as to make sense of this, a brief look at the I.M.F. and its business will help.
The Business of the I.M.F.
The I.M.F. acquired all its holdings [gold and other] from member states through the original Articles of Agreement. [The Articles were amended in 1978, eliminating the direct use of gold in the exchange rate system].
Founded at the end of World War II with donations of cash and gold from its member nations, the I.M.F. works at "crisis prevention", monitoring and hoping to avoid policy mistakes that could lead to big financial problems. The I.M.F. also lends to countries facing balance of payments problems from its ‘cash’ of $338 billion. By charging interest on short-term loans, the I.M.F. earns its keep. The I.M.F. also makes loans to low-income countries implementing poverty reduction programs, currently helping 23 countries from Afghanistan to Sierra Leone.
Since the Argentine crisis of 2001, however [blamed on the I.M.F.'s advised policies] new I.M.F. lending, has shrunk dramatically as the world's emerging economies have developed remarkably.
In essence, the I.M.F. in the light of the changed global scene, should be downsizing considerably, in line with its reduced business, a principle that should govern all monetary institutions. This would enable it to match its costs to its reduced income. The fund is spending $1 billion a year but only bringing in $600 million! The I.M.F. is not an interest earning institution, there to maintain redundant economists. The thought of increasing income to an institution that can no longer justify its size should send alarm signals to its members. This was emphasized by a report submitted to the I.M.F. Executive Board, the Committee, headed by Bank of International Settlement head Sir Andrew Crockett, who concluded that the I.M.F.'s current income model, which relies heavily on the interest it earns from loans to member nations, is " no longer appropriate." But there it is, they feel they should bail out the I.M.F. from its present mess.
Poor reasons for selling
The reason the G7 gave for approving these sales is: -
"This is arguably a good time to consider selling some of these gold holdings and investing the proceeds in financial securities with positive yields."
It is amazing that such a statement is made by such qualified men, but they do have to promote paper instruments. That is their business. Of course, with gold having quadrupled in the last four or five years, no solid financial securities with positive yields has come anywhere near to matching this performance, nor is any likely to. Indeed the Credit crunch has confirmed just how risky alternative investments to gold can be.
The fund holds 3216.17 tonnes [103.4 million ounces] of gold worth some $92 billion at current market prices. But we are talking here about only the 400 tonnes of gold deemed to belong to the I.M.F. as an institution. [Thin ground, but that’s why it is only this 400 tonnes]
Having kinross in your pocket is a real plus
The real kicker is the kinross ty
These guys have a great plan with very promising propertys.
I like their approach to raise money(tsx).
Most would just dump shares.
You got to love an explore who files.
Tells alot about management
You have to understand that your investing in an explorer.
Good or bad these things take time.
The company is short on money and they have to put their plans on hold until the money is available to drill...etc.
This is how most miners come up (not all though)
This is a long drawn out process where many investors will come and go. Some will stay but most will get impaitent and sell.
Years from now they might regret selling or they might be glad they did. But being a speculator is a rough buisness.
Will Gemini become the next GG,AUY...etc.
Well thats hard to say at this point. Their property holds a very viable possibility. However no one will really know until they put a drill in the ground.
And there in lyes the problem. If your in an explorer before they announce big drill results then your rich. If you wait till after they announce then your chasing the darn thing.
Tough call.
The best advise i can give to you is to look at the property and try and find other deposits in the general area.
Example. Northern orions (ex now its AUY) property Agua Rica property is about within eye sight of Yamana,Xtrata and gold corps massive alumbrera mine.
Now is this a gimmie. Well not always but its better than throwing darts at a random pattern on the wall.
Most times a winner will be part knowledge and mostly luck.
One thing gemini has going for it is they file. Thats a big indicator about management and what they intend to do.
In short just dont expect gemini to be producing tommorow.
And IMO a company that puts out PRS only when they have something important to report is a real plus. When you see 2-3 Prs a week you need to be worried.
The best advice i have ever recieved.. If you need a Pr to validate your investment then your in trouble.
I do not own Gemini. Im looking at it. And im not a trader.
Im a long term value investor.
I know value investing is boring,but its my thing. Good luck to you all.
So your investment is more or less where it started 2 years ago?
WOW
LMFAO.........
SCHEDULE 13G
Amendment No. 0
Yamana Gold Inc
Common Stock
Cusip #98462Y100
Cusip #98462Y100
Item 1: Reporting Person - FMR LLC
Item 4: Delaware
Item 5: 36,702,682
Item 6: 0
Item 7: 51,991,227
Item 8: 0
Item 9: 51,991,227
Item 11: 8.407%
Item 12: HC
Cusip #98462Y100
Item 1: Reporting Person - Edward C. Johnson 3d
Item 4: United States of America
Item 5: 0
Item 6: 0
Item 7: 51,991,227
Item 8: 0
Item 9: 51,991,227
Item 11: 8.407%
Item 12: IN
SCHEDULE 13G - TO BE INCLUDED IN
STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
Item 1(a). Name of Issuer:
Yamana Gold Inc
Item 1(b). Name of Issuer's Principal Executive Offices:
150 York Street
STE 1902
Toronto, Ontario M5H 3S5
Canada
Item 2(a). Name of Person Filing:
FMR LLC
Item 2(b). Address or Principal Business Office or, if None,
Residence:
82 Devonshire Street, Boston,
Massachusetts 02109
Item 2(c). Citizenship:
Not applicable
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
98462Y100
Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b)
and the person filing, FMR LLC, is a parent holding company
in accordance with Section 240.13d-1(b)(ii)(G). (Note: See
Item 7).
Item 4. Ownership
(a) Amount Beneficially Owned: 51,991,227
(b) Percent of Class: 8.407%
(c) Number of shares as to which such
person has:
(i) sole power to vote or to direct
the vote: 36,702,682
(ii) shared power to vote or to
direct the vote: 0
(iii) sole power to dispose or to
direct the disposition of: 51,991,227
(iv) shared power to dispose or to
direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Various persons have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the
sale of, the Common Stock of Yamana Gold Inc. No one
person's interest in the Common Stock of Yamana Gold Inc is
more than five percent of the total outstanding Common
Stock.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent
Holding Company.
See attached Exhibit A.
Item 8. Identification and Classification of Members of
the Group.
Not applicable. See attached Exhibit A.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any
transaction having such purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
February 13, 2008
Date
/s/Eric D. Roiter
Signature
Eric D. Roiter
Duly authorized under Power of Attorney
dated December 30, 1997 by and on behalf of FMR Corp.
(now known as FMR LLC) and its direct and indirect
subsidiaries
SCHEDULE 13G - TO BE INCLUDED IN
STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
Pursuant to the instructions in Item 7 of Schedule 13G,
Fidelity Management & Research Company ("Fidelity"), 82
Devonshire Street, Boston, Massachusetts 02109, a wholly-
owned subsidiary of FMR LLC and an investment adviser
registered under Section 203 of the Investment Advisers Act
of 1940, is the beneficial owner of 14,680,684 shares or
2.374% of the Common Stock outstanding of Yamana Gold
Inc ("the Company") as a result of acting as investment
adviser to various investment companies registered under
Section 8 of the Investment Company Act of 1940.
Edward C. Johnson 3d and FMR LLC, through its
control of Fidelity, and the funds each has sole power to
dispose of the 14,680,684 shares owned by the Funds.
Members of the family of Edward C. Johnson 3d,
Chairman of FMR LLC, are the predominant owners, directly
or through trusts, of Series B voting common shares of FMR
LLC, representing 49% of the voting power of FMR LLC.
The Johnson family group and all other Series B shareholders
have entered into a shareholders' voting agreement under
which all Series B voting common shares will be voted in
accordance with the majority vote of Series B voting common
shares. Accordingly, through their ownership of voting
common shares and the execution of the shareholders' voting
agreement, members of the Johnson family may be deemed,
under the Investment Company Act of 1940, to form a
controlling group with respect to FMR LLC.
Neither FMR LLC nor Edward C. Johnson 3d,
Chairman of FMR LLC, has the sole power to vote or direct
the voting of the shares owned directly by the Fidelity Funds,
which power resides with the Funds' Boards of Trustees.
Fidelity carries out the voting of the shares under written
guidelines established by the Funds' Boards of Trustees.
Strategic Advisers, Inc., 82 Devonshire Street, Boston,
MA 02109, a wholly-owned subsidiary of FMR LLC and an
investment adviser registered under Section 203 of the
Investment Advisers Act of 1940, provides investment
advisory services to individuals. As such, FMR LLC's
beneficial ownership includes 543 shares, or 0.000%, of the
Common Stock stock outstanding of Yamana Gold Inc,
beneficially owned through Strategic Advisers, Inc.
Pyramis Global Advisors, LLC ("PGALLC"), 53 State
Street, Boston, Massachusetts, 02109, an indirect wholly-
owned subsidiary of FMR LLC and an investment adviser
registered under Section 203 of the Investment Advisers Act
of 1940, is the beneficial owner of 32,600,419 shares or
5.271% of the outstanding Common Stock of Yamana Gold
Inc as a result of its serving as investment adviser to
institutional accounts, non-U.S. mutual funds, or investment
companies registered under Section 8 of the Investment
Company Act of 1940 owning such shares.
Edward C. Johnson 3d and FMR LLC, through its
control of PGALLC, each has sole dispositive power over
32,600,419 shares and sole power to vote or to direct the
voting of 32,600,419 shares of Common Stock owned by the
institutional accounts or funds advised by PGALLC as
reported above.
Pyramis Global Advisors Trust Company ("PGATC"),
53 State Street, Boston, Massachusetts, 02109, an indirect
wholly-owned subsidiary of FMR LLC and a bank as defined
in Section 3(a)(6) of the Securities Exchange Act of 1934, is
the beneficial owner of 3,464,462 shares or 0.560% of the
outstanding Common Stock of the Yamana Gold Inc as a
result of its serving as investment manager of institutional
accounts owning such shares.
Edward C. Johnson 3d and FMR LLC, through its
control of Pyramis Global Advisors Trust Company, each has
sole dispositive power over 3,464,462 shares and sole power
to vote or to direct the voting of 2,856,601 shares of Common
Stock owned by the institutional accounts managed by
PGATC as reported above.
Fidelity International Limited ("FIL"), Pembroke Hall,
42 Crow Lane, Hamilton, Bermuda, and various foreign-based
subsidiaries provide investment advisory and management
services to a number of non-U.S. investment companies and
certain institutional investors. FIL, which is a qualified
institution under section 240.13d-1(b)(1) pursuant to an SEC
No-Action letter dated October 5, 2000, is the beneficial
owner of 1,245,119 shares or 0.201% of the Common Stock
outstanding of the Company.
Partnerships controlled predominantly by members of
the family of Edward C. Johnson 3d, Chairman of FMR LLC
and FIL, or trusts for their benefit, own shares of FIL voting
stock with the right to cast approximately 47% of the total
votes which may be cast by all holders of FIL voting stock.
FMR LLC and FIL are separate and independent corporate
entities, and their Boards of Directors are generally composed
of different individuals.
FMR LLC and FIL are of the view that they are not
acting as a "group" for purposes of Section 13(d) under the
Securities Exchange Act of 1934 (the "1934" Act) and that
they are not otherwise required to attribute to each other the
"beneficial ownership" of securities "beneficially owned" by
the other corporation within the meaning of Rule 13d-3
promulgated under the 1934 Act. Therefore, they are of the
view that the shares held by the other corporation need not be
aggregated for purposes of Section 13(d). However, FMR
LLC is making this filing on a voluntary basis as if all of the
shares are beneficially owned by FMR LLC and FIL on a joint
basis.
SCHEDULE 13G - TO BE INCLUDED IN
STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
RULE 13d-1(f)(1) AGREEMENT
The undersigned persons, on February 13, 2008, agree
and consent to the joint filing on their behalf of this Schedule
13G in connection with their beneficial ownership of the
Common Stock of Yamana Gold Inc at December 31, 2007.
FMR LLC
By /s/ Eric D. Roiter
Eric D. Roiter
Duly authorized under Power of Attorney dated
December 30, 1997, by and on behalf of FMR Corp. (now
known as FMR LLC) and its direct and indirect subsidiaries
Edward C. Johnson 3d
By /s/ Eric D. Roiter
Eric D. Roiter
Duly authorized under Power of Attorney dated
December 30, 1997, by and on behalf of Edward C. Johnson
3d
Isnt that the truth.
While doing some DD ive noticed something which raised a big question.
The company has 68 million shares out.
Now i was looking at the insiders and institutional holdings.
What i found was combined these holders seem to hold more shares than the company has outstanding.
Now maybe im looking at miss printed info or there is just something i cant understand here.
Can you shed some light on this?
Thanks
Everybody seen this. Very interesting
Page 1 of 12 Pages
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities exchange Act of 1934
(AMENDMENT NO.1)*
BLACKSTONE GROUP L P
-----------------------------------------------------
(NAME OF ISSUER)
COM UNIT LTD
-----------------------------------------------------
(TITLE OF CLASS OF SECURITIES)
09253U108
-----------------------------------------------------
(CUSIP NUMBER)
December 31, 2007
-----------------------------------------------------
(Date of event which requires filing of this Statement)
NOTE: A MAJORITY OF THE SHARES REPORTED IN THIS SCHEDULE 13G ARE HELD BY
UNAFFILIATED THIRD-PARTY CLIENT ACCOUNTS MANAGED BY ALLIANCE CAPITAL
MANAGEMENT L.P., AS INVESTMENT ADVISER. (ALLIANCE CAPITAL MANAGEMENT L.P.
IS A MAJORITY-OWNED SUBSIDIARY OF AXA FINANCIAL, INC.)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
X Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be 'filed' for the purpose of Section 18 of the Securities
Exchange Act of 1934 ('Act') or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions
of the Act (however, see the Notes).
(CONTINUED ON FOLLOWING PAGE(S))
CUSIP NO. 09253U108 13G Page 2 of 12 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA Assurances I.A.R.D. Mutuelle
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
France
NUMBER OF SHARES 5. SOLE VOTING POWER 30,516,370
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 362
December 31, 2007
BY EACH 7. SOLE DISPOSITIVE POWER 34,579,126
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 34,579,126
REPORTING PERSON
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.3%
12. TYPE OF REPORTING PERSON *
IC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 09253U108 13G Page 3 of 12 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA Assurances Vie Mutuelle
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
France
NUMBER OF SHARES 5. SOLE VOTING POWER 30,516,370
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 362
December 31, 2007
BY EACH 7. SOLE DISPOSITIVE POWER 34,579,126
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 34,579,126
REPORTING PERSON
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.3%
12. TYPE OF REPORTING PERSON *
IC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 09253U108 13G Page 4 of 12 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA Courtage Assurance Mutuelle
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
France
NUMBER OF SHARES 5. SOLE VOTING POWER 30,516,370
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 362
December 31, 2007
BY EACH 7. SOLE DISPOSITIVE POWER 34,579,126
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 34,579,126
REPORTING PERSON
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.3%
12. TYPE OF REPORTING PERSON *
IC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 09253U108 13G Page 5 of 12 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
France
NUMBER OF SHARES 5. SOLE VOTING POWER 30,516,370
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 362
December 31, 2007
BY EACH 7. SOLE DISPOSITIVE POWER 34,579,126
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 34,579,126
REPORTING PERSON
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.3%
12. TYPE OF REPORTING PERSON *
IC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 09253U108 13G Page 6 of 12 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AXA Financial, Inc. 13-3623351
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
NUMBER OF SHARES 5. SOLE VOTING POWER 30,483,037
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 362
December 31, 2007
BY EACH 7. SOLE DISPOSITIVE POWER 34,545,793
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 34,545,793
REPORTING PERSON
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * | |
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.3%
12. TYPE OF REPORTING PERSON *
HC
* SEE INSTRUCTIONS BEFORE FILLING OUT!
13G Page 7 of 12 Pages
Item 1(a) Name of Issuer:
BLACKSTONE GROUP L P
Item 1(b) Address of Issuer's Principal Executive Offices:
345 Park Avenue
New York, NY 10154
Item 2(a) and (b)
Name of Person Filing and Address of Principal Business Office:
AXA Assurances I.A.R.D Mutuelle, and
AXA Assurances Vie Mutuelle,
26, rue Drouot
75009 Paris, France
AXA Courtage Assurance Mutuelle
26, rue Drouot
75009 Paris, France
as a group (collectively, the 'Mutuelles AXA').
AXA
25, avenue Matignon
75008 Paris, France
AXA Financial, Inc.
1290 Avenue of the Americas
New York, New York 10104
(Please contact Dean Dubovy at (212) 314-5528 with any questions.)
13G Page 8 of 12 Pages
Item 2(c) Citizenship:
Mutuelles AXA and AXA - France
AXA Financial, Inc. - Delaware
Item 2(d) Title of Class of Securities:
COM UNIT LTD
Item 2(e) Cusip Number:
09253U108
Item 3. Type of Reporting Person:
AXA Financial, Inc. as a parent holding company,
in accordance with 240.13d-1(b)(ii)(G).
The Mutuelles AXA, as a group, acting as a parent holding company.
AXA as a parent holding company.
13G Page 9 of 12 Pages
Item 4. Ownership as of December 31, 2007
(a) Amount Beneficially Owned:
34,579,126 shares of common stock beneficially owned including:
No. of Shares
Subtotals
---------------------
AXA 0
AXA Entity or Entities
Common Stock acquired solely for investment purposes:
AXA Framlington 33,333
AXA Financial, Inc. 0
Subsidiaries:
AllianceBernstein L.P.
acquired solely for investment purposes on
behalf of client discretionary investment
advisory accounts:
Common Stock 34,324,333
34,324,333
AXA Equitable Life Insurance Company
acquired solely for investment purposes:
Common Stock 221,460
221,460
-------------
Total 34,579,126
=============
Each of the Mutuelles AXA, as a group, and AXA expressly declares that the
filing of this Schedule 13G shall not be construed as an admission that it is,
for purposes of Section 13(d) of the Exchange Act, the beneficial owner of any
securities covered by this Schedule 13G.
Each of the above subsidiaries of AXA Financial, Inc. operates under independent
management and makes independent decisions.
(b) Percent of Class: 13.3%
=============
Page 10 of 12 Pages
ITEM 4. Ownership as of
(CONT.)
(c) Deemed Voting Power and Disposition Power:
(i) (ii) (iii) (iv)
Deemed Deemed Deemed Deemed
to have to have to have to have
Sole Power Shared Power Sole Power Shared Power
to Vote to Vote to Dispose to Dispose
or to or to or to or to
Direct Direct Direct the Direct the
the Vote the Vote Disposition Disposition
------------ ------------ ------------ ------------
The Mutuelles AXA,
as a group 0 0 0 0
AXA 0 0 0 0
AXA Entity or Entities:
AXA Framlington 33,333 0 33,333 0
AXA Financial, Inc. 0 0 0 0
Subsidiaries:
------------
AllianceBernstein 30,278,937 362 34,324,333 0
AXA Equitable Life 204,100 0 221,460 0
Insurance Company
------------ ------------ ------------ ------------
30,516,370 362 34,579,126 0
============ ============ ============ ============
Each of the above subsidiaries of AXA Financial, Inc. operates under
independent management and makes independent voting and investment decisions.
Page 11 of 12 Pages
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following.
( )
Item 6. Ownership of More than Five Percent on behalf of Another Person. N/A
Item 7. Identification and Classification of the Subsidiary which Acquired
the Security Being Reporting on by the Parent Holding Company:
This Schedule 13G is being filed by AXA Financial, Inc.; AXA,
which owns AXA Financial, Inc.; and the Mutuelles AXA, which as a group
control AXA:
(X) in the Mutuelles AXAs' capacity, as a group, acting as a parent
holding company with respect to the holdings of the following
AXA entity or entities:
(X) in AXA's capacity as a parent holding company with respect
to the holdings of the following AXA entity or entities:
AXA Framlington
(X) in AXA Financial, Inc.'s capacity as a parent holding company
with respect to the holdings of the following subsidiaries:
(X) AllianceBernstein L.P.
(13-3434400), an investment adviser registered under Section 203 of
the Investment Advisers Act of 1940.
(X) AXA Equitable Life Insurance Company
(13-5570651), an insurance company and an investment adviser
registered under Section 203 of the Investment Advisers Act of 1940.
Page 12 of 12 Pages
Item 8. Identification and Classification of Members of the Group. N/A
Item 9. Notice of Dissolution of Group: N/A
Item 10. Certification:
By signing below I certify that to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
Date: February 14, 2008 AXA FINANCIAL, INC.*
/s/ Alvin H. Fenichel
Alvin H. Fenichel
Senior Vice President
and Controller
*Pursuant to the Joint Filing Agreement with respect to Schedule 13G
attached hereto as Exhibit I, among AXA Financial, Inc., AXA Assurances
I.A.R.D Mutuelle, AXA Assurances Vie Mutuelle, AXA Courtage Assurance
Mutuelle, and AXA, this statement Schedule 13G is filed on behalf of
each of them.
EX-24
2
bx1231_e.txt
JOINT FILING AGREEMENT
EXHIBIT I
JOINT FILING AGREEMENT
----------------------
Each of the undersigned hereby agrees that the Schedule 13G filed
herewith is filed jointly, pursuant to Rule 13d-1(f)(1) of the Securities
Exchange Act of 1934, as amended on behalf of each of them.
Dated: February 14, 2008
AXA Financial, Inc.
BY: /s/ Alvin H. Fenichel
-----------------------------------------
Alvin H. Fenichel
Senior Vice President and Controller
AXA Assurances I.A.R.D. Mutuelle; AXA Assurances Vie Mutuelle; AXA
Courtage Assurance Mutuelle, as a group, and AXA
Signed on behalf of each of the above entities
BY: /s/ Alvin H. Fenichel
-----------------------------------------
Alvin H. Fenichel
Attorney-in-Fact
(Executed pursuant to Powers of Attorney)
No volume? Buddy run and run fast cause benz is pumping the good word out of it.
Do get caught like aurus.
GLTY
When i see a 10qsb from lbwr ill buy fair enough>
Just explain the lack of volume? Nice rise but????????????
Ya benz.........it ran.........But can you explain the lack of volume? I see you were right,but anyone who bought will be trapped with the lack of volume?
BTW i can explain it. Thats why i didnt buy it
BTW LBWR will be sub penny inside a year.
I can tell you in an instance how many oz Yamana will produce this year next year and ETC....What the stripping ratio is and will be at their various open pit mines. What their hedge position is on copper. What their exploration propertys hold and which are the best and why. Where they are drilling. What they might find on each. Who the bod are and where they came from(background).I could further tell you why the buy of NTO was the best move a miner could make.The tons milled at each property and the average grade. Their tax position and their future tax position.What size each mill is and it throughput. And on and on.
You want to impress me. Tell me something about AUY i dont know. After all you invested 6 figure,so you should be the AUY guru. Why have you never posted there?
Impress me with knowledge not $$$$
Alright then why bother telling me about your riches?
Thats what i dont get.
Most people who say they have this and that usually dont have squat.
Its a phsycalogical thing.......Follow me here.
I have nothing if i tell people i have something then they will respect me.
If i make it outragous then they will follow me like a guru.
Impress me. Whats AUYs future per oz cost 08,09
Now without looking please tell me 1 producing property they own.
Knowing a real stock impresses me. Knowing a penny doesnt.
Knowing why you bought AUY impresses me. Knowing how much you made Doesnt.
Of course i have. I look at everyones portfolio when they tell me gold is going to 600 bucks.
Dont you
I got enough. Six figure no. But I have enough.
If you got six figure of AUY then that might explain your tossing money at pennys.
Do i actually believe that? NO
If i had six figures of anything worth while i wouldnt be wasting my time in IHUB (no offence to ihub).
Id be doing alot of crazy freaky stuff. But to each his own.
If you can invest heavily in AUY? Then how could you be so wrong about AURUS?(no disrespect intended)
If you HAVE invested in AUY then you would know enough about miners to stay away from AURUS right?
Yamana did not come up like AURUS and never ran their buisness any way close.
Benz i just dont get how you can own six figures of AUY and post on pennys like your life might depend on it?
Ya know Benz. Ive read alot of your post over the past 12 months or so. And you seem like a somewhat intellegent person.
But what is you affliction for crappy penny stocks?
Oh ive had my own disaters dont get me wrong. But ive moved on to better investments. I still hold a few worthless turds from my early days.
But thats only because it would actually cost me money to sell them.
Do you hold anything worth anything or do you just play the lotto in a different way.
I can respect that but you can pick better numbers for sure.
Yuck even bdgr doesnt smell that bad,and bdgr really smells bad.
Benz you sure do like companys who dont like to file with the SEC.
WOW. What other jems do you have lurking under your cape.
Id bet thats not even the stinkiest one.
You seem to like oil gas and gold ETC. So why buy junk?
Why not look at some real stocks. AUY,WNR Thats just a few. If your not to rude to me ill let you in on some others that will have great returns
LOL. Benz please dont tell me you like that stock.
Intersting wording on that article.
They suffered losses? Did they actually suffer them or are they just down?
I know what was intended but it almost makes me wonder if its not a scare the longs story?
Im big on conspiracy theorys so maybe its all in my head LOL.
And the IMF is only expected to sell 400 tons.
May seem like alot,but its a drop in the bucket IMO
BEIJING, Feb. 15 -- China surpassed the United States as the world's second-biggest retail gold market after India in 2007 by volume despite rocketing prices of the metal.
Total consumer demand in China's mainland, Hong Kong and Taiwan reached 363.3 tons, up 23.5 percent from a year earlier, the World Gold Council said in a research report.
India had a gold demand of 773.6 tons last year, while the figure in the US sat at 278.1 tons.
Mainland gold demand, including jewelry and retail investment, topped 326 tons, up 26 percent from 2006, and the first time it surpassed the 300-ton level. Mainland gold-jewelry demand reached 302 tons in 2007, a year-on-year growth of 23.5 percent.
What makes the Chinese market stand out is the growing demand in the fourth quarter, when most other markets saw demand drop as costs soared.
Gold prices hit a three-decade high and topped more than US$900 an ounce on concerns over inflation, global economic uncertainty, the likelihood of an American recession and a weak US dollar.
In the fourth quarter, mainland gold demand rose 18 percent to 94.3 tons. In India gold demand tumbled 64 percent to 83.9 tons and in the US it fell 15 percent to 110.7 tons.
"It's a milestone for China's gold industry with demand surpassing the 300-ton level," an industry veteran said yesterday.
Concerns over domestic inflation and the volatile stock market also added to the investment drawing power of gold as a haven.
China's gold demand this year is again unlikely to be affected by rising prices as Chinese tend to buy at high prices in the hope of even further increases, World Gold Council veterans said in January.
Chinese gold demand was stagnant during the late 1990s and early 2000s but started going upward from 2003. China's gold sales volume stood at 207.6 tons in 2003, a 2.0 percent rise to end a five-year wane.
The gold-sale rise is also in line with the country's economic take-off.
China is expected to have a gold consumption of 600 tons in 2010, according to industry insiders.
The nation last year surpassed South Africa as the world's biggest gold-mining country.
Benz check this out. IMO its better to hold gold and silver long then to try and time a trade with it. You might easily get left hanging in the wind IMO
http://goldsilver.com/video_player.php?video_id=17&cat_id=2&ss=4031b7e3433d9073d714d3383be28015
I agree. But benz has his own view. Crazy as it may seem.
We are all entitled to our opinion.
Thank you. Very interesting.
Just to clarify. Your saying that gold will go to 600-700 before it breaks 1000?