Globex Mining- Startschuss ??? (Seite 1574)

[saltamonte]

Antwort auf Beitrag Nr.: 42.327.734 von hellisteve am 09.11.11 20:35:30

welcome hellisteve - thx for the info
I like twitter because you don't need any registration

here we go...
http://twitter.com/#!/GlobexMining

[hellisteve]

Globex update in english sorry!

attended Munich Mining show
Attend Quebec Mining show end of november

new website: www.globexmining.com
follow Globex news on facebook and twitter and RSS

fell free to leave comments

Globex team

[muenchenguru]

ein pp von Glen Eagle.
Ich glaube mittlerweile dass Globex nicht allzuviel v. dem Lithiumprojekt hat, weil ich sehr zweifel ob die überhaupt in Produktion geht.
Lithium in Kanada finde ich sehr problematisch, von der Kostenstruktur her, man konkurriert mit den Massenhersteller in Südamerika, die problemlos die Kapazitäte erhöhen können....

Montreal, Quebec, November 9, 2011 - Glen Eagle Resources Inc. (TSX VENTURE EXCHANGE: GER) ("Glen Eagle" or the "Company") announces that it is currently proceeding with a non brokered private placement. According to the terms of the private placement, the Company plans to raise up to $2,040,000 by issuing 2,800,000 "Flow Through Common shares" priced at $0.55 for gross proceeds of $1,540,000. An additional $500,000 will be raised in units (The "Units") for working capital purposes by issuing 1,250,000 common shares. Each "Unit" will be comprised on one (1) common share priced at $0.40 and one half common share purchase warrant priced at $0.60. The closing of the private placement is expected to occur on or before December 16, 2011. Commission fees are also applicable.

Most of the proceeds from the private placement will be used for exploration work on the Company's Lac Lisette, Moose Lake and Authier projects in Quebec. After the private placement, the Company will have approximately a net cash balance of $3,000,000.

The private placement is subject to regulatory approval. In accordance with applicable securities legislation, the securities issued in connection with the private placement will be subject to a four-month hold period following the closing of the Offering.

[muenchenguru]

der Markt ist ja sowas von bipolar, schwer manisch-depressiv .
Tage mit zweistelligen Gewinnen wechseln sich mit solchen Tage wie heute ab....

[muenchenguru]

oh mann o mann liegen überall die Nerven blank.

Die Angst u. der Frust kann man sogar durch den LCD-Bildschirm riechen.
Recht hohe Umsätze in Kanada; vielleicht nähern wir uns bald dem kollektiven Handtuchwerfen.

[muenchenguru]

unter gleicher Webadresse:

Introduction to Magnesium Investing
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Mon, Oct 31, 2011
Feature Articles, Magnesium Articles
Post by Shihoko Goto, Magnesium Reporter

magnesium information
inShare1

By Shihoko Goto- Exclusive to Magnesium Investing News

Magnesium is a familiar household name, found in food supplements and in leafy vegetables, deemed vital for healthy bones and good circulation. But magnesium is also a key industrial metal that is used primarily to strengthen aluminum alloys. The lightest of structural metals, it is also used to remove sulfur in producing iron and steel, and to inoculate cast iron.

Demand for the metal has grown steadily at about 3 percent each year, with the biggest growth seen in the car parts industry as magnesium is used for die-casting. Specifically, it is found in automobile parts such as steering wheels and support brackets. Magnesium is not only 40 percent lighter than aluminum, it is also as strong as steel, making it easier to mold and hold its shape. Approximately 130,000 metric tons of magnesium was used for die casting in 2010 and that number is expected to continue to rise steadily in coming years. Magnesium is also used in electronic devices including cell phones, laptops, and other products that benefit from its light weight and sturdiness.

About magnesium

Magnesium is an alkaline earth metal and the eighth most abundant element in the Earth’s crust, with the symbol “Mg” and atomic number 12. It is highly soluble in water, and is the third most abundant element dissolved in sea water. Magnesium is also the 11th most abundant element by mass in the human body.

Its weakness has been its tendency to corrode when exposed to air, but with improvement of chemical purity, magnesium has become more resistant to corrosion

Magnesium supply and production

While there are many uses for magnesium, the market for the metal is relatively small. In 2010, total global production reached 750,000 metric tons while consumption averaged 670,000 metric tons. Production has increased by over 70 percent since 2000, but the global market for magnesium is about the same size as some single large-scale aluminum smelters.

Over 80 percent of the magnesium produced in the world comes from China, where there are about 250 to 300 small- and mid-sized plants across the country which produce the metal. There are a total of eight major US, European and former CIS countries that produce magnesium on a large scale. Almost all new magnesium projects outside of China in recent years have been abandoned or put on hold because investors have not seen them as financially attractive.

The magnesium produced in China, which accounts for over half of the metal found worldwide, uses a process that was developed during World War II which processes the metal in batches more cheaply using ferrosilicon as the reductant.

China drives magnesium market

China has about 1.3 million metric tons of capacity to produce magnesium, and that number is expected to quadruple over the next five years. Yet the Chinese government has become increasingly worried about the environmental damage caused by the smaller producers, and plans are underway to close all plants with a capacity of processing 15,000 tons or less.

China’s dominance of the market led to anti-dumping charges, and the United States currently imposes hefty import duties on foreign magnesium.

Outlook

Outside of China, US Magnesium is the largest producer of the metal in the world, and the only producer in the United States. The Salt Lake City-based company has raised its yearly output to 63,500 metric tons due to increased global demand, and it expects demand in North America to rise 7 percent and global demand to increase by 9 percent in 2011 from a year ago.

Meanwhile, demand for magnesium is expected to continue rising especially in the automobile industry as governments and automakers alike look to bolster production of fuel-efficient cars. By using more magnesium, vehicles become lighter and thus more energy-efficient without sacrificing their safety or style.

Amid concerns about a steady supply of magnesium, some car makers have shied away from investing heavily in producing magnesium-heavy auto parts. In addition, the natural disaster in Japan in March 2011 had curbed demand for the metal in the first half of this year. Many analysts nonetheless expect demand to rise steadily from the latter half of 2011 onward given the cost savings that magnesium can bring.

For instance, by using magnesium in its inner rear lift gate for its Lincoln MKT model, Ford Motor (NYSE:F) was able to save about 20 pounds of steel. Meanwhile, Honda Motor (TYO:7267) expects to expand the use of magnesium for cars from next year.

[muenchenguru]

Guten Morgen,

zum Frühstück gibt es heute mal ein paar Meldungen aus der Magnesium-Welt.

Magnesium Price Steady Beyond China’s Dominance
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Mon, Oct 31, 2011

Post by Shihoko Goto, Resource Reporter

By Shihoko Goto – Exclusive to Magnesium Investing News

The price of magnesium continues on an upward trend, with non-Chinese companies showing renewed interest in investing in the metal. Wariness is in the air, however, as steel lobbyists warn that using magnesium and other metals may not be as energy efficient as currently believed, while concerns about China’s dominance as a supplier of magnesium and other metals that are required in high-technology products remain on the other.

The price of magnesium in the United States as of October 27 is about $4,630 per metric ton, or $2.10 per pound. The price has peaked to $6,000 per metric ton or $2.72 per pound due to high demand.

Magnesium investors have been carefully monitoring the possibility of Russia’s OAO Solikamsk Magnesium Plant (RTC:MGNZ) held by OAO Uralkali (LON:URKA). One potential buyer appears to be ARMZ, the uranium mining arm of Rosatom Corp., a state-run company, first reported by Bloomberg News. Certainly, Solikamsk has benefitted from the price gains seen in the rare earth metals market in recent months, an the company’s share price has increased by more than fourfold since the beginning of this year.

In Australia, meanwhile, Sydney-based Latrobe Magnesium (ASX:LMG) completed its pre-feasibility study of a plant to produce 10,000 tons of magnesium per annum from the brown coal fly ash at the Latrobe Valley’s Hazelwood power station in Australia’s Victoria state. The plant has the potential to produce 40,000 tons a year, and will employ about 120 to 133 workers in the first phase of production, and employ 350 to 400 people at full capacity.

Canadian-based Molycor Gold Corp (TSXV:MOR) announced in August 2011 an improved NI 43-101 which outlined an inferred resource estimate of 412 million tons of dolomite at an average grade of 12.3% magnesium at its Tami-Mosi magnesium project. The metal deposit for the project is 111 billion pounds of magnesium. The company’s preliminary economic assessment suggests that over a 30 year period, Molycor has the potential to produce 30,000 tonnes of 99.9% of pure magnesium ingots.

Yet there are concerns about longer-term demand for magnesium. The automotive group of the World Steel Association, WorldAutoSteel, unveiled a study in mid-October which found that metal alternatives to steel including magnesium and aluminum as well as carbon fiber produce emissions during their manufacturing process that are five to 20 times greater than steel.

“When vehicle emissions assessments are focused solely on the emissions produced during the driving phase (tailpipe), it encourages the use of greenhouse gas-intensive materials in the effort to reduce vehicle weight and fuel consumption,” said Cees ten Broek, director, WorldAutoSteel. ”However, this may have the unintended consequence of increasing greenhouse gas emissions during the vehicle’s total life cycle.”

Should WorldAutoSteel’s argument gain traction, it may potentially influence US legislators as they mull fuel economy and emissions requirements for 2017 to 2025, while in the EU, emission standards for new cars is expected to be reached next year. Yet many auto makers are more interested in investing in magnesium car parts as they are expected to be more energy efficient due to its lightness and durability.

Of course, manufacturers remain cautious about investing in magnesium products including car parts amid continued concerns about the metal’s supply. With China cornering over 80 percent of the market and protests against its domination continuing to rise amid growing demand for magnesium and other metals, political friction between Beijing and the rest of the world over the metals market among other products is likely to increase. In July, the World Trade Organization ruled that China violated global rules by restricting exports of nine raw materials including magnesium used in electronics and other high-technology products.

Disclosure: I, Shihoko Goto, have no interest in the companies mentioned in this article.

http://resourceinvestingnews.com/25365-magnesium-price-stead…

[WilliamTell]

Wieder mal zur Erinnerung!!

Warum findet in Kanada weniger Handel als in DE statt?

Es gibt in Kanada nicht einen derart ausgeprägten Retailmarkt für Explorer wie in Europa. Die Kanadier beteiligen sich öfter auch an Private Placements die z.T. beträchtlichen Steuervergünstigungen unterliegen.

Zudem scheint es die Politik von Jack Stoch zu sein, so wenig wie möglich auf PPs zurückzugreifen und, wenn notwendig, dann zu sehr altaktionsärsfreundlichen Bedingungen (siehe Kurse der letzten PPs!!)

Es scheint auch nicht die Politik von Globex zu sein, sich in Abhängigkeit von Canadischen Brokerhäusern zu begeben und denjenigen günstige PPs zu offerieren, damit diese kurzfristig Geld verdienen können und im Gegenzug dann positive Berichte über Globex verbreiten.

Ich interpretiere daraus, dass sich Globex "Wertvermehrung durch Business" auf die Fahne geschrieben hat und sich auf keinen Fall in die Abhängigkeit von Broker wie Sprott begeben will, sondern das Kapital der bisherigen Aktionäre durch unnötige Verwässerung schützen will.

Es ist natürlich klar, dass die Brokerhäuser eine solche Politik nicht goutieren und über solche Firmen kein Sponsoring-Ship betreiben, also keine Berichte und Kaufempfehlungen verbreiten wie dies bei vielen anderen, z.T. auch viel kleineren Explorern, der Fall ist.

Durch diese restriktive PP-Politik entsteht für den Broker auch kein zusätzliches Floating-Potenzial mit dem er für seine eigene Kasse Geld verdienen kann.

Weiter kann noch gesagt werden, dass in Kanada eine grosse Zahl von Globex-Aktionären auf Long ausgerichtet sind und ihre Aktien in den nächsten Jahren nicht verkaufen werden, weil sie im Bilde sind, welche enormes Potenzial in dieser Firma steckt (siehe auf Homepage abrufbare Analyse Goldletter und Khandaker). Dies beschränkt natürlich die Anzahl der für Trades zur Verfügung stehenden Aktien in beträchtlichem Masse.

Diese Politik hat dazu geführt, dass sich die Verwässerung in den letzten Jahren auf sehr kleinem Niveau gehalten hat. Wenn man berücksichtigt, welch enorme Wertvermehrungen durch Verkäufe, Zukäufe, Explorationsaktivitäten, Produktionsinfrastrukturen, Optionsvergaben und Royalties stattgefunden haben, so kann ich auch in schwierigen Zeiten wie heute ruhig schlafen.

Durch diese wirklich kleine Anzahl von ausgegebenen Aktien sowie der grossen Anzahl von Aktionären die auf Long ausgerichtet sind, ist dieser Wert allerdings anfällig auf hohe Kursschwankungen durch Manipulationen und Shortattacken.

Das Minengeschäft ist mit hohen Risiken verbunden und jeder muss sich bewusst sein, dass es viel Geld zu verdienen, aber auch zu verlieren gibt.

[WilliamTell]

Antwort auf Beitrag Nr.: 42.319.376 von Tschonko am 08.11.11 15:54:15

Wer hat eigentlich die deutsche Homepage verbrochen.

Was meinst Du damit? Die Homepage ist auf Englisch. Einzig die News werden grösstenteils auf Deutsch übersetzt. Klar ist das Deutsch dort nicht sensationell, aber für mich reichts und ich finde, dass es für eine derart kleine Firma eine Parforce-Leistung ist, die News sogar in 3 Sprachen auszugeben.

Gruss William

[WilliamTell]

Antwort auf Beitrag Nr.: 42.319.376 von Tschonko am 08.11.11 15:54:15

No debt und kleine Aktienzahl stimmen.

Der Haken in der Entwicklung des Aktienpreises liegt einerseits darin begründet, dass ein grosser Teil der Aktien in "festen Händen" sind. Andererseits spielt die Art und Weise wie die PPs aufgelegt werden auch eine wichtige Rolle. Meistens sind es diese sogenannten Flow-Throug Finanzierungen ohne Beteiligung eines Brokerhauses. Dadurch fehlt Globex die aktive Unterstützung dieser Brokerhäuser in Form von kernigen Analysen, die den Preis nach oben treiben. Ebenso fehlt die Floatingmenge an Aktien, die normalerweise solche Brokerhäuser erhalten und damit ein Geschäft machen wollen.

Als langristiger Anleger ist mir die Nichtbeteiligung der Brokerhäuser recht, denn der Aktienpreis wird sich automatisch regulieren, wenn nur 1 oder zwei Projekte erfolgreich realisiert werden und nachhaltige signifikante Einnahmen generieren.

Uebrigens aus dem genau gleichen Grund stört mich die schwache PR nicht so heftig.

Gruss William