goro.ob new mine scheduled for mid 2008 in Mexico. Experienced mgmt who have opened 6 mines over 25 yrs in the business. First mine/mill will provide cashflow to explore/expand multiple mines within their 8 km strike length property. Latest presentation is excellent overview.
epm.to/epmcf.pk European Minerals set to startup gold/copper mine in Kazakshtan in October 07. 140,000 oz gold and 25-40million pounds of copper per year for first three years. Exploration upside beyond current open pit.
NAK Potentially world's biggest gold/copper mine in Alaska. Recent selloff is a good opportunity. This will take years to drill out, finance, get permitted and built but it's too big not to get built.
Sgr.v/SGRCF.pk San Gold has reopened the Rice Lake mine in Canada. The mine also had a 1250tpd mill that has been rehabbed. SGR.v has discovered two other mines nearby that will help provide enough ore to get the mill operating at capacity in 2008. SGR has struggled to get enough ore up till now. The mill is only running two weeks on and two weeks off because of a lack of ore and qualified miners. However, San Gold is finding rich ore at depth in their Rice Lake mine at depth approaching 5,000 feet. They have found several drill samples that exceed 1 oz/tonne. Could be similar to Red Lake mine, which also had increasing grade ore at depth. The next NI 43-101 report should show significantly expanded reserve oz of gold. San Gold should eventually document several million oz of gold. San Gold is gathering newsletter writer and analyst support. More and more people are noticing the great drill cores. Should be a long term winner.
NGG.v New Guinea Gold has begun production and sold it's first dore. 35,000 oz/yr first mine at Sinivit should be cashflow positive by 12/07. NGG has 11 other projects, several with big upside. Their goal is to document a million oz deposit in the next two years from the next two projects. They also plan to spin off the remaining 9 projects into two new companies to allow these early development projects to be financed without diluting ngg.v any more. Should create value for shareholders when the spinoffs occur this year. Papua New Guinea is home to the world's biggest current gold mine. The island chain was created thru volcanic action and has many deposits.
Bobwins
PS my biggest position is actually Tara Gold, trgd.pk but they can't seem to get their SEC filings up to date so I won't recommend them until they demonstrate they can get their CPA's to work a little faster.
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If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
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