Century Mining - große Ähnlichkeit mit Desert Sun - 500 Beiträge pro Seite (Seite 2)

[Art Bechstein]

Antwort auf Beitrag Nr.: 27.944.552 von calibra21 am 24.02.07 16:00:46

genau Calibra,

ich denke, die Financial Community hat ihr eine Chance gegeben, was man ja auch der guten Performance bis Mitte 2006 abzulesen vermag, wo der Kurs von 0,30$ auf 1,90$ stieg, aber das Unverständnis und die Verärgerung über ihre fahrlässige Guidance, die 8x nach unten revidiert werden mußte, über die teils grenzwertigen Hedging Aktivitäten und das Chaos bei der Konsistenz der Berichterstattung hat die Meinung ggü. Peggy Kent nun wie ein Bumerang ins Gegenteil verkehrt und den Absturz von 1,90$ bis 0,50$ (fast 75% Minus) ausgelöst. Es gibt andere Gold/Silber Producer, die ebenso ihre Ziele verfahlt haben - die haben aber glasklar revidiert und haben sonst eine klare Info-Politik ggü. den Analysten gefahren und so das verlorene Vertrauen rasch zurückerobert. Century ist da erst ganz am Anfang. Normalerweise müßte der Kurs mind. bei 2$ stehen...

Art

[a-albert]

Antwort auf Beitrag Nr.: 27.944.603 von calibra21 am 24.02.07 16:10:53

Das klingt vielversprechend, was ist den in Bezug auf dem Cashflow noch an Steigerung zu erwarten ?

[Wiewel2005]

Antwort auf Beitrag Nr.: 27.944.468 von calibra21 am 24.02.07 15:42:11

Denkanstoß „an“

Na na na
370 sind die CASH Kosten und nicht full production costs ( total 40 $ mehr pro Unze)
100.000 unzen sind die „Prognose“ nachgewiesen sind es aber 73.000
Beim operativen Ergebnis muss für 2007 auch noch 3 mio für Leasing und 1 Mio für Zinszahlungen raus
ein Multiple von 10 gibt es auf das Nachsteuerergebnis und nicht auf das operative Geschäft

Macht also Pi mal Daumen AKTUELL

[((680-410)*73.000)]/ Wechselkurs CAD/USD= 22,4 mio operativer Gewinn

(22,4 - 4,000,000)x0,7 = 13 mio net income

(13 mio / 120 mio)x KGV 10 = 1,08 CAD

Denkanstoß „aus“

Musste mal sein, niemals zu euphorisch sein

[Art Bechstein]

Antwort auf Beitrag Nr.: 27.944.672 von Wiewel2005 am 24.02.07 16:23:27

Wiewel2005,

die 73,000 oz sind die Produktion aus 2006 (mit ca. 7 Monaten Peru und ohne Lamaque und fast durchgehend inkl. Pre-Stripping) Die 100,000 sind IMO eine quasi lineare Fortschreibung des 2006er Ergebnisses.

Zu Deiner rechnung; die Leasingkosten laufen nicht durch die GuV sondern laufen über die Bilanz bzw. CF-Rechnung und reduzieren das Ergebnis nicht, sondern nur den Cash-Flow, der aber um die Abschreibung überkompensiert wird.

Problematisch ist bei CMM's Bilanzierung dagegeben, dass sie abweichend von den Bilanzierungsregeln die Stripping-Costs aktivieren, was bei Produzenten verboten ist. CMM rechtfertigt das damit, dass nur der Teil aktiviert wird, der über der planmäßigen Strip-Ratio von 4,5:1 liegt (im Moment liegen die bei 8:1). Das ist noch ein gewisses Bilanzrisiko und hat sicherlich auch das Listing an der TSX/AMEX verhindert, was CMM ja geplant hatte.

Was die Multiples betrifft, so ist ein pe von 15 angebrachter und die 10 würde ich eher auf den CF beziehen. Also irgendwo zwischen 2-2,5$ liegt ein durchaus machbarer Bewertungsansatz.

Ich hatte mal durchgerechnet, dass CMM dieses Jahr mit dem Cash hinkommen müßte, wenn sie nicht wieder Geld mit blösdinnigen Hedging verbrennen. Es muß also nicht zwangsläufig zu einem Placement kommen, worauf einige Instis vielleicht schon spekuliert haben, als sie ihre Aktien verkauft haben.

Art

[calibra21]

Antwort auf Beitrag Nr.: 27.944.672 von Wiewel2005 am 24.02.07 16:23:27

Hi Wiewel, danke für die Korrektur. Ich dachte die in der presentation angegebenen Kosten seien die full production costs. Zu der Produktion. PK wird uns doch nicht erneut enttäuschen oder? Somit gehe ich weiterhin von 100,000 unzen aus. Woher hast du die 3 mio für Leasing und 1 Mio für Zinszahlungen ?

[Wiewel2005]

Antwort auf Beitrag Nr.: 27.944.834 von calibra21 am 24.02.07 16:51:44

Woher hast du die 3 mio für Leasing und 1 Mio für Zinszahlungen ?

Musst du dir auch mal den Bericht anschauen

Leasingkosten :



Zinszahlungen:
Kannste vergessen, sind alle converted und kosten nix mehr.

[calibra21]

Antwort auf Beitrag Nr.: 27.944.951 von Wiewel2005 am 24.02.07 17:13:30

Nun, wenn wir die Leasingkosten ausser Acht lassen können, die Zinszahlungen vergessen können und einen 15er Multiplikator anwenden passt meine Berechnung ja doch (fast) unter´m Strich.

[Art Bechstein]

Antwort auf Beitrag Nr.: 27.944.951 von Wiewel2005 am 24.02.07 17:13:30

Wiewel,

die Leasingzahlung ist nur ca. 1,7 Mio. C$ in 2007 und der Convertible hat mit dem Lease nichts zu tun (nur zur Klarstellung für die anderen Leser). Der war von Endeavoour, die noch 5 Mio. Warrants zu 0,45C$ bis Anfang März umtauschen können, die m.E. aber schon verkauft sind, also die dahinter liegenden Aktien.

Zinszahlungen gibt es ab 31.12.2006 einmal jährlich ggü. dem Verkäufer der Sigma-Lamaque Mine (aus dem Gedächtnis ca. 1,6 Mio C$ p.a.) Century wollte den gesamten Loan erst ablösen, hat das dann aber doch gelassen wegen des sich verschlechternden Cash Flows aus der Mine.

Art

[Wiewel2005]

Antwort auf Beitrag Nr.: 27.945.439 von Art Bechstein am 24.02.07 18:33:26

Ich bleibe lieber bei einem Ziel KGV 10. Nur die wirklichen Big Player bekommen mehr finde ich. In meiner Vergleichsliste mit Werten ähnlicher Marketcap sind

Claude Kirkland DRDGold Minefinders Aurizon Metallica Crescent Alamos Jaguar Queenstake Richmont Wesdome High River Glencairn Highland die KGV Werte sind

4,2 5,5 5,3 5,5 6,1 8,2 9,2 10,1 11,2 11,6 11,8 12,0 15,2 13,2 15,3 20,0 (andere Reihenfolge)

macht im Durchschnitt 10,2

Oh also doch Zinszahlungen?
Sind das dann die für Investissement Quebec mit dem noch ausstehendem Loan von 13,5 mio cad zu knapp 8% Zinsen? Da wurden ja erst 18,5 mio gemacht und dann schnell 5 mio zurückbezhalt.

Im Bericht steht dazu :For the nine months period the company paid interest of $ 839,499
Also knapp 1,1 mio Cad im Jahr. 1,6 mio wäre irgendwie viel oder ist es das gar net?

Aber auch eigentlich egal jetzt hier um paar hundertausend dollar zu moppern!!! Man brauch nur bedenken, dass 1 Dollar Goldpreis 70.000 Dollar mehr Net Income für CMM macht.




Als Gold bei 610 $ war hatte CMM einen Kurs von 0,65 und nach 2007er Prognose einen KGV von 3,9. Um jetzt die PErformence des Goldpreises normal mitzunehmen hätte CMM auf 0,85 Cad steigen müssen um jetzt bei einem Goldpreis von 680 $ weiterhin einen KGV von 3,9 zu haben. Naja so ist es ja nun nicht gekommen, aber im Gegenzug ist der KGV nun abermals geringer geworden 3,2.

Wäre also KGV 10 = 2,15 CAd das Ziel.

[Art Bechstein]

Antwort auf Beitrag Nr.: 27.945.771 von Wiewel2005 am 24.02.07 19:33:31

Wiewel,

ich würde beim KGV immer die Wachstumsrate, die Explorationsgebiete und die Resourcen/Reserven mitberücksichtigen - da sieht es ja gar nicht so schlecht aus bei CMM mit fast 5 Mio Oz Gold. Bei Century kannst Du über den Daumen sagen, 1 US$ Gold rauf = 1 Cent höhere Bewertung im CMM Kurs.

Die Zinszahlungen an IQ hat CMM m.W. mit Aktien bezahlt, während es jetzt (uß mich da korrigieren) um Tilgungen geht, d.h. wieder nicht ergebniswirksam, sondern nur liquiditätswirksam.

Kaufpreis von Sigma-Lamaque war 25,9 Mio C$; davon entfielen 18,544 Mio auf IQ, von denen 5 Mio sofort in 2005 föllig wurden und dann wurde einmal getilgt und eine Rate aktiviert, wodurch die 13,615 Mio Loan Nominal zustande kamen.

Die Rückzahlung des Nominals läuft ab 31.12.2006 bis 31.12.2008 (=9 Zhalungen je 423,250 C$.

Nach 2008 greift eine Sondertilgung von bis zu 30% des Free Cash Flow, der genau definiert wurde..

Alles was bis 2011 nicht getilgt ist, dürfte von IQ in aktien gewandelt werden.

Der Nominal Loan kann gegen Abschlag (wie beim BaFög) getilgt werden (2006= 20%, 2007 = 15%, 2008 = 10% unf 2009 5%)

In 2006 sollte der Loan gegen 8 Mio C$ Cash und 5 Mio CMM Aktien abgelöst werden; das wurde dann gecancellt.

Die übrigen Kaufpreisverpflichtungen hat CMM getilgt, zuletzt durch eine Zahlung an unsecured Debt holders gegen den Voreigentümer von S-L

Art

[Wiewel2005]

Antwort auf Beitrag Nr.: 27.946.073 von Art Bechstein am 24.02.07 20:04:30

Ja in meine persönlichen Bewertungen nehme ich natürlich auch PRojekte Management Wachstum und was weiß ich nicht alles rein, aber am Ende von allem zählt nur eins: Money Money Money.

Bezüglich Ressourcen schaue ich bei Produzenten eher aufs Minelife, bei Explorern schaue ich nicht auf die Bewertung pro Unze in Ground ( machen ja die meisten) ich schaue eher welcher mögliche Cashflow sich bei dem gleichen Minelife, aber dafür höherer Prroduktionsrate ergibt.

Wo du die Unzen im Boden ansprichst.... da erkennt man doch, dass es nicht wirklich eine faire BEwertung gibt. Wenn ich PRoduktionsrate und Produktionskosten ausrechne kann ich jawohl CMM bewertungsmäßig viel besser einordnen, als wenn ich pauschal bei allen Goldproduzenten sage : Staus Produzent Fair Value inground Oz = 150 Dollar. So wäre es ja absolut ungenau wenn der eine 100.000 Unzen zu 200/oz produziert und der andere 100.000 zu 500/oz. ICh meine es hat ja schon seinen Grund, dass zum Beispiel DRDGold ne Bewertung von 6 Dollar pro Unze im Boden hat, es schaut jeder viel eher aufs Money Money Money das rauskommt

[Wiewel2005]

auch recht interessant :

http://www.gold-eagle.com/editorials_05/willie022207.html

[Art Bechstein]

Antwort auf Beitrag Nr.: 27.946.702 von Wiewel2005 am 24.02.07 21:29:17

meine Worte, aber Du mußt eben auch bedenken, dass in einer sich stark konsolidierenden Branche größere Übernehmer die Produktion erheblich ausdehnen könnten. Sigma ist ja quasi Nachbar von OSK, haben sogar höhere Grades, OSK will aber die vier- bis fünffache Goldmenge produzieren. Die Resourcen von beiden Unternehmen sind in etwa vergleichbar, denn Lamaque hat auch noch erheblich Explorationspotential bei 5-7g/t. Wenn CMM also 5 Mio Oz Resourcen hat, dann reicht das bei einer Produktionsrate von 100.000 oz pro Jahr für 50 Jahre. Wenn sie aber auf 20,000 t per day hochgefahren würde, ist die Resourcenbasis also doch sehr wichtig. Deswegen halte ich CMM auch für ein Übernahmetarget, denn da zählen v.a. die Resourcen für die Big Boys der Szene, womit auch Resourcen zu einem (wichtigen) Bewertungsfaktor werden.

Art

[Rainolaus]

so trinkt man einen Sambuca richtig:

[Opla]

Antwort auf Beitrag Nr.: 27.953.232 von Art Bechstein am 25.02.07 08:53:27

Hallo Art,

wobei aus den Ressourcen erst mal Reserven werden müssen. Von welchem ungünstigen Fall kann man denn bei Century ausgehen? 40%?

[Art Bechstein]

Antwort auf Beitrag Nr.: 27.964.054 von Opla am 25.02.07 18:30:11

also 1 Mio Oz haben sie bereits in Reserven und durch das Block Drilling in Lamaque müßten definitiv noch welche dazukommen. Das wären dann erstmal 10 Jahre Produktion, die gesichert sind und genug Zeit, die übrigen rd. 4 Mio. oz in Reserven zu überführen. Century hatte sich gleich zu Beginn der Übernahme einen eigenen Drill - Rig gekauft und diesen Ende letzten Jahres gegen ein neues hochwertiges Gerät ersetzt und seitdem sehr viel gebohrt. Ein Resourcenupdate ist angekündigt, was sowohl quantitativ, als auch qualitativ eine Verbesserung bringen dürfte.

Also, ich vermag das in Prozent nicht auszudrücken, aber deutlich über die Hälfte werden es in jedem Fall sein. 1 Mio. oz sind noch in measured/indicated und der Rest in inferred Status

Art

[Opla]

Antwort auf Beitrag Nr.: 27.964.207 von Art Bechstein am 25.02.07 18:35:42

Super, danke dir für die schnelle und informative Antwort. Die Story klingt bisher sehr interessant. Habe morgen mehr Zeit, werde mich dann mal komplett einlesen.

[Art Bechstein]

Antwort auf Beitrag Nr.: 27.964.282 von Opla am 25.02.07 18:38:16

Opla,

die Mine hat z.Zt. eine Verarbeitungsanlage von 5.000 tpday, das sind bei den üblichen Ausfallzeiten (7%) ca. 1,7 Mio tonnen pro Jahr. Das Erz hat 96% Recovery und man kann im Mix mit Lamaque (5-7g/t und Sigma 1,8g/t) auf vielleicht 2,2 g/t kommen (vorsichtig geschätzt).

Also 1,7 Mt x 2,2 g/t x 0,96 = 115.000 Oz Produktionspotential, wenn Lamaque ganzjährig in Betrieb ist und Sigma das Pre-Stripping beendet hat, was Ende Q1 2007 der Fall sein soll.

Zu den 115k oz S-L kommt dann noch Peru, die sie auf 80k Unzen hochfahren wollen (rel. hohe Grade). Das ist so die perspektive bis 2009 schätze ich mal.

Also 190k Unzen mit 350-375US$/oz Kosten mit dann 300US$/oz Cash Flow = 57 Mio US$ bzw 67 Mio C$ x 10 = 670 Mio C$ bei üblichen Goldproduzentenmaßstäben.

Art

[Albatossa]

[mike32]

[Brainstorm85]

könnte einer ab und zu rt posten!?
Kann den chart von advfn.com leider nicht sehen.

Danke
Brain

[Brainstorm85]

nix los hier?

[mike32]

Antwort auf Beitrag Nr.: 27.982.363 von Brainstorm85 am 26.02.07 15:46:19

0,70

http://de.advfn.com/

registrieren , kostenlos !

[mike32]

danke !

[Brainstorm85]

Antwort auf Beitrag Nr.: 27.983.175 von mike32 am 26.02.07 16:09:00

schönen dank.

das hat damit nix zu tun. Mein Arbeitgeber hat nur wenige Seiten nicht gesperrt und advfn gehört leider nicht dazu.

[Brainstorm85]

gute einstiegskurse. pari wäre 0,53 eurocent

[Peters75]

Antwort auf Beitrag Nr.: 27.983.600 von Brainstorm85 am 26.02.07 16:20:21

Pari ist wohl viel eher 0,46€. CMM ist in Kanada gelistet, folglich gilt immer noch der Wechselkurs für CAD§ und nicht für US$.

[Wiewel2005]

Antwort auf Beitrag Nr.: 27.983.600 von Brainstorm85 am 26.02.07 16:20:21

ich würde sagen dein wechselkurs ist falsch

0,53 euro sind 0,81 CAD

[Chanda]

Pari wäre 46 Oirocent

[Chanda]

Der Kurs wird in Can. gemacht, was bedeudet daß der dortige Kurs (0,70) beobachtet wird. Du hattest US-Dollars gerechnet.

[Wiewel2005]

RUBICON MINERALS COR (AMEX) +26%

Tja Robby hat sich wohl doch gegegn CMM entschieden

Monday February 26, 8:31 am ET
Rob McEwen Returns to Red Lake in New Rubicon
http://finance.yahoo.com/q/bc?s=RBY&t=1d&c=RMX.TO

[Wiewel2005]

Antwort auf Beitrag Nr.: 27.984.172 von Wiewel2005 am 26.02.07 16:37:56

P.S. das war ein Insider muss man schon bisl länger dabei sein

[Brainstorm85]

Antwort auf Beitrag Nr.: 27.984.000 von Chanda am 26.02.07 16:33:07

stimmt-sorry.

[mike32]

Antwort auf Beitrag Nr.: 27.984.172 von Wiewel2005 am 26.02.07 16:37:56

Und nun sollen wir jetzt alle verkaufen , Du magst ja Ahnung haben , aber Du hast eine Art an Dir , die ist einfach zum Kotzen !!!

[mike32]

Antwort auf Beitrag Nr.: 27.984.268 von Wiewel2005 am 26.02.07 16:41:04

Habe noch was vergessen :

Denkanstoss " aus " !

[Wiewel2005]

Antwort auf Beitrag Nr.: 27.984.517 von mike32 am 26.02.07 16:50:42

Husch husch zurück in deinen Käfig du rotes Dings

[mike32]

[mike32]

Antwort auf Beitrag Nr.: 27.984.454 von Brainstorm85 am 26.02.07 16:48:58

0,7

[Wiewel2005]

Antwort auf Beitrag Nr.: 27.946.073 von Art Bechstein am 24.02.07 20:04:30

hier schau mal ne ziemlich gute liste zum Thema Average KGV

http://www.kitco.com/ind/Matlack/oct232006.html

[mike32]

Antwort auf Beitrag Nr.: 27.984.454 von Brainstorm85 am 26.02.07 16:48:58

0.72
+0.03( +4.35%)

[Art Bechstein]

Antwort auf Beitrag Nr.: 27.985.788 von Wiewel2005 am 26.02.07 17:42:01

danke Wiewel,

sehr gute Übersicht. Also ist ein KGV von 15-20 nicht aus der Welt...und wir brauchen für einen Kurs von 4$ einen Gewinn von ca. 27 Mio C$. Wenn man von einer Net margin von 20% ausgeht, wären das also 135 MioC$ (bzw. 115 Mio US$) Erlös. Dazu bräuchten wir bei einem POG von 650 US$ insgesamt rd. 175.000 Oz p.a. und dafür brauchen wir bei 2,5 g/t (habe mal gewichtetes Average genommen) ca. 2,26 Mt Gesteinsbeabeitung also 6.600 t pro Tag mit 96% recovery. Das könnte die Exit rate in Q3/Q4 2008 sein....

Art

[Rainolaus]

Amex Gold Bugs Index startet nach oben durch, jetzt...

Datum 26.02.2007 - Uhrzeit 09:58 (© GodmodeTrader - http://www.godmode-trader.de/)
Amex Gold Bugs Index ($HUI): 357,13 Punkte

Aktueller Wochenlinienchart (log) seit Juni 2003 zur Darstellung des übergeordneten Kursverlaufs



Aktueller Tageskerzenchart (log) (1 Kerze = 1 Tag) seit Juli 2006

Rückblick: Im Gold Bugs Index kam es auch in der vergangenen Woche zu einer Fortsetzung der Aufwärtsbewegung, welche nach einem Rücksetzer auf die Unterstützung bei 306,00 Punkten gestartet wurde. Dabei gelang ein nachhaltiger Ausbruch über den mittelfristigen Abwärtstrend bei jetzt 327,50 Punkten, ebenso wurde die Widerstandszone um 341,31-349,48 Punkte nach oben durchbrochen. Zum Ende der Woche bildete der Index allerdings am Widerstand bei 362,53 Punkten ein bärisches Intradayreversal aus.

Charttechnischer Ausblick: Dieses bärische Intradayreversal kann den Index problemlos zum Beginn der Woche nochmals bis auf 345,00 Punkte zurückführen ohne das bullische Chartbild insgesamt zu gefährden. Erst der Rückfall unter 341,31-337,42 Punkte auf Schlusskursbasis löst ein Verkaufssignal in Richtung 325,00 Punkte aus. Auf der Oberseite bleibt nach einem Rücksetzer das überwinden der 362,53 Punkte auf Schlusskursbasis möglich. Ist das der Fall, bietet sich deutliches aufwärtspotenzial bis in den Bereich 401,69 Punkte.

[Rainolaus]

[mike32]

Antwort auf Beitrag Nr.: 27.984.454 von Brainstorm85 am 26.02.07 16:48:58

0.74
+0.05( +7.25% )

[Brainstorm85]

Antwort auf Beitrag Nr.: 27.990.482 von mike32 am 26.02.07 21:24:32

Danke dir-ab abends kann ichs wieder sehen

[Rainolaus]

[Wiewel2005]

größtes Volumen seit 9 Montaten

[Art Bechstein]

Antwort auf Beitrag Nr.: 27.991.763 von Wiewel2005 am 26.02.07 22:30:39

4u wiewel,

http://www.goldstockanalyst.com/sample/0206.pdf

[dermitdemcashtanzt]

denke die trendwende ist nun endgültig geschafft
jetzt geht es wieder richtung norden - und zwar richtig !!

[mike32]

Antwort auf Beitrag Nr.: 27.999.673 von dermitdemcashtanzt am 27.02.07 12:11:41

ich hätte nichts dagegen !

[dermitdemcashtanzt]

na dann ...

[SharpRatio]

Antwort auf Beitrag Nr.: 27.987.665 von Art Bechstein am 26.02.07 19:02:55

175000 oz. sind zudem wohl nicht zu weit aus dem Fenster gelehnt. Besteht eine Chance, dass dieses Ziel noch getoppt werden könnte? Sollte die 175 k auch leicht unterschritten werden, steht das Potential von CMM von diesem Kursniveau gesehen, ausser Frage. Vorbörslich .75 im Geld, wobei Vorbörsliche Kurse gefaked sein können und somit ganzt sicher nicht der Indikator des heutigen Handels sind. Der Goldpreis könnte den intakten Aufwärtstrend kurzfristig etwas verlangsamen. Der Chart und seine Indikatoren sind topp und daher gehe ich weiterhin von steigenden Kursen aus.
@ Kompliment an Art, welcher den Thread qualitativ auf Top-Niveau hält.

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.003.103 von SharpRatio am 27.02.07 14:49:48

eins nach dem anderen...erstmal die Guidance von 100k für dieses Jahr und 140k oz für 2008 erreichen. Ich sagte ja, dass ich im Q3 2008 mit einer Exit Rate von 175k oz rechne, d.h 14,5k oz mtl. was dann in 2009 tatsächlich rauskommt, läßt sich nicht prognostizieren, aber die 175k oz sollten es auf jeden Fall sein. Das wären dann etwa 60k aus Peru, was ca. 600 t/Tag Verarbeitung entspricht (die Erstschätzung für Peru mit Stand im Mai 2006 lag noch bei 80.000 oz). Die Verarbeitung soll erstmal auf über 700t/Tag ausgebaut werden, was dann das Zielvolumen 80k ermöglichen soll/te. Dafür sollen 10 Mio US$ nötig sein; die Verdopplung auf ca. 300 t/day (ca. 28k-30k oz) sollte für 2 Mio US$ zu haben sein, so CMM. CMM bekommt 98,6% der Erträge aus San Juan (Peru)

Art

[mike32]

[mike32]

Antwort auf Beitrag Nr.: 28.003.103 von SharpRatio am 27.02.07 14:49:48

kaum tauchst Du auf , gehts ab in Keller !

[Brainstorm85]

wo stehen wir denn?

[mike32]

Antwort auf Beitrag Nr.: 28.005.342 von Brainstorm85 am 27.02.07 16:01:34

71

[mike32]

Antwort auf Beitrag Nr.: 28.005.513 von mike32 am 27.02.07 16:08:21

70
ungefähr : 22.500 Buy / 270.000 Sell

[mike32]

Antwort auf Beitrag Nr.: 28.005.342 von Brainstorm85 am 27.02.07 16:01:34

wir machen das lieber über BM , bevor sich hier irgend ein Superschlauer , künstlich aufregt !

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.006.732 von mike32 am 27.02.07 16:51:15

hier zur stelle!!!! was muss ich machen?

[ptm61]

Hallo Brainstorm

schau doch jeweils auf Posting 554 von mike, der Chart dort läuft immer mit und zwar realtime. ich nehme an das wird bei Dir nicht anders sein.

gruss ptm61

[mike32]

Antwort auf Beitrag Nr.: 28.006.761 von Wiewel2005 am 27.02.07 16:52:16

meckern !

[mike32]

Antwort auf Beitrag Nr.: 28.006.944 von mike32 am 27.02.07 16:57:42

wenn das so weiter geht mit den 0 - Threads ,

sieht der Chart aus wie ein Kamm !



Mal meine unmaßgebliche Meinung !

[Rainolaus]

Antwort auf Beitrag Nr.: 28.010.243 von mike32 am 27.02.07 19:05:08

was sind 0 - Threads ?

[mike32]

Antwort auf Beitrag Nr.: 28.010.335 von Rainolaus am 27.02.07 19:09:28

sorry : Trades !

[a-albert]

Antwort auf Beitrag Nr.: 28.010.494 von mike32 am 27.02.07 19:17:47

in der Tat ziemlich wild heute und das ohne wirkliches Volumen..

[mike32]

Antwort auf Beitrag Nr.: 28.010.585 von a-albert am 27.02.07 19:23:00

Alles ist BLUTROT , NASDAQ , DOW JONES , DAX , MDAX, TECDAX,SDAX !

Dafür läuft es doch ganz gut , das eben an so einem Tag , bis auf ein paar Schnäppchenjäger ( ) , die Käufer wegbleiben , ist eigentlich verständlich .

[neptuno123]

Antwort auf Beitrag Nr.: 28.010.812 von mike32 am 27.02.07 19:35:05

Was hier heute nicht ist, kann ja morgen noch werden...

[opportunityaagv]

Antwort auf Beitrag Nr.: 28.010.812 von mike32 am 27.02.07 19:35:05

Wenn wir es gerade mit dem Titel vergleichen...."grosse Ähnlichkeit mit Desert Sun" dann schau mal wo das Desert Sun Management jetzt sitzt.....bei Largo Resources (LGO.V)...

[mike32]

Das soll der Auslöser gewesen sein :

China's Stocks Have Biggest Tumble in 10 Years

http://www.bloomberg.com/apps/news?pid=20601087&sid=aBV17RWj…

http://www.bloomberg.com/index.html?Intro=intro3

[Rainolaus]

Antwort auf Beitrag Nr.: 28.014.984 von mike32 am 27.02.07 22:46:38

pfeilschnell entdeckt von Dir.

[mike32]

Antwort auf Beitrag Nr.: 28.015.130 von Rainolaus am 27.02.07 23:00:24

pfeilschnell entdeckt von Dir.

vera.schen kann ich mich alleine !

[mike32]

[mike32]

http://www.kitco.com/pop_windows/stocks/tsx.html

[mike32]

http://www.bloomberg.com/markets/stocks/wei_region3.html

[mike32]

[Rainolaus]

28.02.2007 - 12:45 Uhr

Basismetalle gelten weiterhin als Favoriten

SINGAPUR (Dow Jones)--Die Preise der Basismetalle werden nach Ansicht von Analysten in den kommenden Wochen trotz des jüngsten Einbruchs an den Aktienbörsen weiter anziehen, da die Aussichten für die Weltwirtschaft günstiger seien und mit einer stärkeren Nachfrage nach Commodities zu rechnen sei. Kupfer, Aluminium und Zink, die in diesem Jahr zunächst der Entwicklung hinterher hinkten, hatten während der beiden vergangenen Wochen stetige Gewinne verzeichnet. Der Grund liegt in wachsendem Optimismus in der Industrie und insbesondere unter den Investmentfonds. David Moore von der Commonwealth Bank of Australia beobachtet eine Stimmungsänderung hin zu der Auffassung, dass die zu Grunde liegende Nachfrage sehr stark bleiben wird. Das trage zu den hohen Metallpreisen bei.

Zwar haben sich die meisten Basismetalle nach dem Börsen-Crash vom Dienstag abgeschwächt. Dennoch liegt der Preis für Kupfer, der am 2. Februar ein Zehnmonatstief erreicht hatte, immer noch um 17% höher, und Aluminium war gerade erst am Montag auf ein Neunmonatshoch gestiegen. Unterdessen hat Zink seine Abwärtsbewegung umgekehrt und nähert sich einem Monatshoch. Nickel. Blei und Zinn hatten sich seit Jahresbeginn in Rekordhöhen bewegt, da es sich hier um sehr enge Märkte handelt. Enttäuschend entwickelten sich dagegen die viel stärker gehandelten Metalle Kupfer, Aluminium und Zink. Die globalen Wachstumsaussichten sind nach Ansicht von Analysten weiterhin besser als früher angenommen. Moore meint, die Verluste an der Shanghai Stock Exchange und ihre Folgen für die chinesische Wirtschaftsaktivität müssten beobachtet werden, im Ausblick auf 2007 sei aber weiterhin von einem fundamental starken Wachstum auszugehen. Der Börseneinbruch veranlasse ihn jedenfalls nicht zu einem Umdenken in der Einschätzung der chinesischen Wirtschaft, und das gelte damit auch für die Basismetalle.

Michael Lewis (Deutsche Bank, London) äußert sich auch zur US-Wirtschaft positiver und rechnet mit einer Stabilisierung am US-Wohnungsmarkt. Unterdessen haben die Kupferbestände der Londoner Metallbörse in der zweiten Woche in Folge abgenommen, bei Zink gibt es eine solche Bewegung bereits seit drei Wochen. Dazu kommt, dass die Bergbauproduktion von Nickel und Zinn, aber auch von Kupfer, nicht so rasch wie die Nachfrage wachsen wird. Bei der Reaktion der Angebotsseite auf die hohen Preise gebe es gewisse Zeitverzögerungen, stellt Analyst Moore fest. DJN/DJG/bdz/28.2.2007

[mike32]

Antwort auf Beitrag Nr.: 28.030.694 von Rainolaus am 28.02.07 17:53:28

pfeilschnell entdeckt von Dir.

[Rainolaus]

Gold fällt - Experten bleiben bullish

Datum 28.02.2007 - Uhrzeit 20:15 (© GodmodeTrader - http://www.godmode-trader.de/)

Die Futures für Gold mit Fälligkeit im April fielen heute um 2,7% auf 669 Dollar je Unze. Trotzdem bleiben viele Experten bullish für das Edelmetall. Nach deren Ansicht bleiben noch viele Faktoren, die sich bald wieder auf den Goldmarkt auswirken dürften.

„Wenn Indien anfängt aggressiv zu kaufen und sich alles beruhigt hat, dann würde ich sagen, dass Gold ein guter Kauf ist.“, meinte John Reade von UBS zum heutigen Tag.

[Rainolaus]

BID Orders Volume Price Range
15 118,500 0.620-0.660
ASK Price Range Volume Orders
0.670-0.710 71,500 12

[Rainolaus]

http://www.goldseiten.de/content/diverses/artikel.php?storyi…

[mike32]

0.66
-0.02( -2.94%)

Ich liebe diese völlig unterbewertete Gewinneraktie !


PS.:
"Wenn du merkst, dass du ein totes Pferd reitest - steig ab!"
http://www.strunk01.de/weisheit.htm

[mike32]

[SharpRatio]

Antwort auf Beitrag Nr.: 28.038.860 von mike32 am 01.03.07 05:41:08

Vorbörslich sehr stark: 0.69 (20) / 0.69 (15)

[SharpRatio]

Antwort auf Beitrag Nr.: 28.038.860 von mike32 am 01.03.07 05:41:08

Bei Stockhouse wird fleissig gepostet.
Ich versteh nicht, wovon die reden. Wer ist Poderosa? Was meinen die mit den 5 Mio. oz?

Somewhere in the enormous land expanses of South America there must be a high quality gold/silver property under local ownership whose true potential is not being realized. Say with 1/2 million oz resource now, but where $20-30 million in new drilling could take it up to the 5+ million oz range.
Yeah, it is called Poderosa! In the last CC Ms Kent commented that a Peruvian law firm had approached them about the failed transaction. It would appear that the sellers are in direct breach of a contract and that as a result CMM suffered damages: perhaps some of the massive loss of Market Cap could be attributed to the sellers backing out. In any case it sounds like the law firm had taken the case on a contingent fee basis: i.e. the law firm only gets paid if they produce results- win the case. Few law firms want to waste their time and talent and get no return for it, so I suspect the law firm thinks this is a 'slam dunk.' Of course there is always the possibility of negotiations with the holders of the 62% to buy that part and let the law firm recover the other 38%. Even at the 38% ownership position Poderosa was immediate cash flow.

Therefore, I expect to see news on Poderosa some time this year.

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.046.678 von SharpRatio am 01.03.07 14:11:40

ein geplatzer Deal im Q4 2006. CMM hatte mit den Eigentümern von Poderosa eine produzierende Goldmine in Peru, fest einen Deal vereinbart (38% Erwerb, anscheinend mit Option auf mehr). Finanaziert werden sollte über Anzahlung und einen Convertible mit Strike 0,93C$. Naja und ganz plötzlich wurde von den Eigentümern gemeldet, dass sie den Anteil anderweitig veräußert haben und in Verbindung damit brach CMM richtig ein, mehr wohl, weil man PK wieder Stümperhaftigkeit vorwarf und jedes Vertrauen in das Mgt. verlor. CMM hatte rechtliche Schritte gegen diesen Vertragsbruch angekündigt, jedoch bislang nichts weiter verlauten lassen. Die Sache scheint rechtlich eindeutig zugunsten von CMM auszusehen, aber Recht haben und Recht bekommen sind ja bekanntlich nicht nur in Peru zwei unterschiedliche Dinge

Art

[mike32]

Antwort auf Beitrag Nr.: 28.046.477 von SharpRatio am 01.03.07 14:02:21

das hat nicht viel zu sagen . Ich würde sagen , die Vorgaben aus USA sind schlechter als gestern .

Hoffen wir das Beste , vielleicht kommt ja mal eine Meldung , das der Kurs endlich mal aus den Socken kommt !

[mike32]

[mike32]

0.67
+0.01( +1.52%)

[mike32]

0.63
-0.03( -4.55%)

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.050.025 von mike32 am 01.03.07 16:23:42

mike32,

irgendwie nervt mich Dein rt-Geposte und sonstiges Getue hier im Thread ungemein. Könntest Du nicht bitte einen rt-/Tratsch und Quatsch Thread aufmachen.

Danke dafür

Art

[serum4]

hallo Art,
durch den geplatzer Deal, wenns so bleibt
ändert sich da groß was an der erwartungen?

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.050.856 von serum4 am 01.03.07 16:54:30

naja, deswegen gab es ja die neue Guidance in und für 2007 und 2008. Also wahrscheinlich ist, dass es eine Art Entschädigung für CMM geben wird wegen des Vertragsbruchs. Obwohl die Idee, diese Beteiligung zu übernehmen total hirnrissig war, war diesmal PK nicht Schuld, dass der Deal platzt. Nehme an, die haben einfach ein besseres Angebot bekommen, nachdem die Details des CMM Deals öffentlich gemacht worden sind. Ist zwar hochunseriöses Geschäftsgebaren, aber die Börse ist ja schließlich kein Kindergeburtstag

Art

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.050.856 von serum4 am 01.03.07 16:54:30

das ist schon alles in den neuen Kalkulationen wieder bereinigt und herabgestuft.

P.S. Was geht eigentlich heute bitte ab .... alle meine Rohstoffseiten zeigen plötzlich keine aktuellen Rohstoffpreise mehr an, Stockwatch ist plötzlich nur noch für zahlende Kundschaft vorhanden und stockhouse ist mal wieder von .com auf .ca umgestiegen und alle Links klappen nicht mehr. Achja und ADVFN klappt auch kein einziger Realtimechart.

Und das wo doch aktuell so viel Bewegung im Markt ist, ich bin hier seit zwei Stunden im totalen Blindflug.

[serum4]

Antwort auf Beitrag Nr.: 28.051.010 von Art Bechstein am 01.03.07 17:00:05

eine entschädigung bringt aber nicht dass was geplant war. cmm steht aber doch immer noch sehr gut da, oder denkst du anders:

[serum4]

Antwort auf Beitrag Nr.: 28.051.073 von Wiewel2005 am 01.03.07 17:02:36

also keine große veränderung, dann passt ja alles weiterhin

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.051.380 von serum4 am 01.03.07 17:14:08

good one

[mike32]

Antwort auf Beitrag Nr.: 28.050.070 von Art Bechstein am 01.03.07 16:25:29

i]irgendwie nervt mich Dein rt-Geposte und sonstiges Getue hier im Thread ungemein. Könntest Du nicht bitte einen rt-/Tratsch und Quatsch Thread aufmachen.
Danke dafür
Art
[/i]

Aber auch nur , weil ich Deine Fachkompetenz hier und im ARU - Thread respektiere , werde ich Deinem Wunsch , z.T., entsprechen , da ich nicht mitschuldig an einer Verschlechterung Deines Nervenkostüms sein möchte .

Ob ich der alleinige Grund an Deiner nervlichen Verfassung bin , lassen wir mal dahingestellt !

[a-albert]

Antwort auf Beitrag Nr.: 28.052.778 von mike32 am 01.03.07 18:09:30

Ganz ehrlich, RTs posten finde ich allerdings auch ziemlich überflüssig und dient nicht gerade der Übersichtlichkeit dieses oder sonst eines Thredas. Wenn das letzte sinnvoll geschriebene wegen RTs auf der zweiten oder dritten Seite steht.. naja.

Und ich denke über Arts Nervenkostüm brauchen wir uns keine Sorgen machen

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.052.778 von mike32 am 01.03.07 18:09:30

Mike32

was soll denn der blöde Hinweis auf mein Nervenkostüm? Du solltest wissen, dass ich 1) langfristig in CMM investiert bin und mich solche Beulen nun gerade bei CMM nicht aus der Ruhe bringen und 2) habe ich mich bei Forsys fast bei den Kurshöchstständen über genau die gleiche destruktive Art einiger User beschwert, zumal es da nun einen Trader, rt-Poster und small-talker Thread gibt. Kannst Du Dir nicht vorstellen, dass es ungemein frustrierend ist, wenn man sich viel Mühe mit der Informationsbeschaffung gibt und sich wirklich bemüht, sachlich etwas beizutragen und dann die Beiträge vollkommen untergehen in einem Meer aus Belanglosigkeiten...wie gesagt, diese Feststellung ist vollkommen kursunabhängig und ich kann und will ja auch niemanden das Posten hier verbieten; es ist nur eben eine Frage, was man selbst für ein Threadniveau erwartet. Wenn man nur so Dattelpostings erwartet, dann ist das ja ok und wenn man die Dattelpostings dann trotz mehrfacher Bitten nicht in einem anderen Thread postet (wie vom User Frickhasserin getan), dann ist das rechtlich auch ok - man sollte sich dann nur nicht wundern, wenn bald niemand mehr ernsthaft postet.

So, der Ball liegt in Deinem Feld !!!


Art

[Rainolaus]

Antwort auf Beitrag Nr.: 28.051.073 von Wiewel2005 am 01.03.07 17:02:36

P.S. Was geht eigentlich heute bitte ab .... alle meine Rohstoffseiten zeigen plötzlich keine aktuellen Rohstoffpreise mehr an, Stockwatch ist plötzlich nur noch für zahlende Kundschaft vorhanden und stockhouse ist mal wieder von .com auf .ca umgestiegen und alle Links klappen nicht mehr. Achja und ADVFN klappt auch kein einziger Realtimechart.

Und das wo doch aktuell so viel Bewegung im Markt ist, ich bin hier seit zwei Stunden im totalen Blindflug.

http://www.ftd.de/boersen_maerkte/marktberichte/167252.html

[MFC500]

Antwort auf Beitrag Nr.: 28.052.778 von mike32 am 01.03.07 18:09:30

du solltest auch berücksichtigen, wie ärgerlich es ist, wenn man Threads wegen einer Aktualisierung anklickt und dann nur inhaltslose Postings wie Realtimekurse vorfindet. Da die meisten User mehrere bis viele Threads beobachten, kannst du dir vielleicht ausmalen, wieviel "Freude" dies bereitet, weil es - bedauerlicherweise - ein weitverbreitetes Phänomen darstellt. Hinzu kommt für Neueinsteiger die Schwierigkeit, wirkliche Informationen zu finden, weil viele Threads schlicht zugemüllt werden. Das kostet dann unnötig Zeit und ist auch nicht sonderlich erbauend.

[Rainolaus]

Top Pick: Bullenmarkt beim Gold geht weiter

Datum 03.03.2007 - Uhrzeit 10:10 (© GodmodeTrader - http://www.godmode-trader.de/)

Trotz einiger Skepsis ob der sechsjährige Bullenmarkt bei den Metallen noch weitergehen wird, sind die beiden Edelmetallexperten Mary Anne und Pamela Aden weiterhin optimistisch: Die meisten Argumente sprechen ihrer Meinung weiterhin für steigende Preise sowohl bei Gold als auch bei Silber. Im Folgenden erklären die beiden Rohstoff-Expertinnen, die den US-Börsenbrief „The Aden Forecast“ herausgeben, die Hauptfaktoren, die weiterhin für hohe Edelmetallpreise sprechen:

Zwei Hauptgründe sind ausufernde Ausgaben und die große Geldmenge. Aktuell schwimmt die Welt in Liquidität und dieser Treibstoff hat für steigende Preise quer durch alle Anlageklassen und auch bei Rohstoffen gesorgt. Dabei war die Heftigkeit des Anstiegs der Ausgaben und der Liquidität so groß wie niemals zuvor in der Weltgeschichte. So ist die Höhe der Schulden des größten Schuldners der Welt, der USA, nur noch schwer vorstellbar. Die Höhe der Schulden soll Ihnen die folgende Rechnung verdeutlichen: Wenn 1 Million Dollar am Tag für 189.000 Jahre zurückgezahlt würden, dann wären die USA schuldenfrei. Doch was passiert: Der amerikanische Staat nimmt immer mehr Schulden auf und gibt Geld aus, dass er gar nicht hat.

Solange die Regierung aber diese Ausgaben nicht eindämmt oder die Steuern erhöht, um die Schulden zu verringern, wird einfach immer mehr Geld auf den Markt geschwemmt, um die Kosten zu decken. Das haben schon die meisten Regierungen in der Vergangenheit getan, so dass dieser Schuldenberg auch sehr groß ist.

So entspricht die Menge der gedruckten Dollar in den vergangene zwei Jahren im Wert der Hälfte alles jemals geförderten Goldes innerhalb der vergangenen 2.000 Jahre: das sind 2 Billionen Dollar. Diese Zahl sollte Sie noch nicht schockieren, denn der Irak-Krieg wird am Ende nach aktuellen Schätzungen so viel kosten wie die gesamte Goldproduktion der vergangenen 2.000 Jahre. Doch es sind nicht nur die Vereinigten Staaten, die sich so rücksichtslos verhalten. Auch in Europa wächst die Geldmenge derzeit so schnell wie seit 17 Jahren nicht mehr. All diese Liquidität ist der direkte Auslöser für Inflation. Dies ist ein weiterer Grund für weiter steigenden Edelmetallpreise. Gold vor allem ist der bekannteste Schutz in Zeiten steigender Inflation, das hat die Geschichte bewiesen.

Auf Grund dieser Fakten sind wir überzeugt, dass der Goldmarkt seinen Höhepunkt noch lange nicht überschritten hat oder in naher Zukunft überschreiten wird. Im Fall von Silber kommt sogar noch eine Lücke auf der Angebotsseite hinzu, die es so beim Gold derzeit nicht gibt. Damit sollte Silber im Vergleich sogar noch stärker steigen als Gold.

[Art Bechstein]

Um mal das Potential von Sigma-Lamaque aufzuzeigen...
Zielgrade für Sigma ist 2 g/t - es lag anfangs sogar bei 2,13 g/t und sollte sich von den Tiefs um 1,6 g/t nach Abschluß des Pre-Stripping Programms wieder an die 2g/t Marke schieben. Man hat allerdings in Sigma einen High-Grade Bereich entdeckt mit 12-20g/t und vielen 100k tonnen Gestein - das könnte die Grades nach oben bringen.

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.090.710 von Art Bechstein am 03.03.07 17:02:50

Ich habe da mal ein paar Fragen .

Warum geht die Liste bis 5000 t/d? Auch Century selbst kalkuliert immer mit maximal 5000. Soweit ich weiß, ist bis zu 5400 möglich, auch wenn aktuell nur mit 4200 pro tag gearbeitet wird.

Und dann fehlt glaube ich in der Kalkulation noch überall ein Abschlag von 7 % für die availability von 92,6%.

Wie kommt es, dass unten 20% Lamaque ist? Ich dachte der Plan war immer 4500 und 500 t /d also 10 %. Lamaque. Gibt es da irgendwo noch mal was zum nachlesen, dass die 20%( 1000 t) machen möchten?

Ich schau jetzt mal wie die Kosten abhängig von den Headgrades variieren würden. Bis gleich

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.097.162 von Wiewel2005 am 03.03.07 21:29:44

Kann nicht 100% so sein, dafür gibt es mit variablen und fixen Kosten zuviele Einflußfaktoren, aber irgendwie sollte es schon so sein wie folgt.

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.097.162 von Wiewel2005 am 03.03.07 21:29:44

wiewel2005;

Du hast Recht, wenn Du die unbefriedigenden Erklärungen ansprichst. Ich freue mich wirklich, dass endlich mal jemand in einem "meiner" Threads ist, der sich mal detailliert mit solchen Dingen beschäftigt. Deswegen antworte ich auch gerne...

Also, es wird Dich überraschen, wenn ich Dir sage, dass CMM neben der 5000er Mill noch eine jungfräuliche 1000er Mill betriebsbereit hält. Das erklärt dann auch die Contribution von 1000 tpday von Lamaque. Lies mal den folgenden Auszug aus dem 2005er Geschäftsbericht:

...Growth at Sigma will focus on developing existing underground resources at a rate of up to 1,000 tonnes per day at a grade of 5 grams per tonne. No mill development will be required to facilitate milling of this additional ore as the Sigma 5000 tonne per day processing plant has an additional ball mill that is currently not in use and production can be expanded to 6000 tonnes per day by putting it on stream....


Also zur Erklärung; ich wollte erstmal nur auf der bestehenden und in Betrieb befindlichen Mill aufsetzen, habe aber zur Veranschaulichung mal die maximale Ausbeute von Lamaque (1000 tpday) angesetzt. Ich vermute, dass die 1000er Mill zugeschaltet wird, wenn Lamaque und Sigma voll in Betrieb sind.

Was die Availability betrifft, so gehe ich von 100% aus, weil nach dem Ende des Pre-Stripping die Strip-Ratio von derzeit 8:1 (aktuell 6.8:1) auf 4.5:1 sinken soll. Die 4 neuen Komatsu-Trucks können locker Gesteinsmengen unter 30 Mio tonnen/Tag verarbeiten, auch inkl. dem Untergrundanteil - deswegen habe ich die mal bei 100% angesetzt. Sieh es mal so, dass man theoretisch die 5000er Mill bis an die 5400er Designgrenze zu führen (ich stelle mit das immer so vor wie in der einen Szene bei "Das Boot", wo das U-Boot auf dem Meeresgrund aufsetzt und weit unter der geprüften Tauchtiefe liegt und irgendwie trotzdem hält) das müssen diese 400t/Tag sein....

Alles beantwortet?

Art

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.097.798 von Art Bechstein am 03.03.07 22:27:25

hier mal die profilierten Blöcke in der Lamaque Untergrundmine - leicht erreichbar 2 high grade Blöcke und aktuell "entwässert" man gerade unter dem Level 18, was aber recht zügig gehen müßte. Die Bedingungen waren stets optimal in der Mine...

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.097.798 von Art Bechstein am 03.03.07 22:27:25

Ja super Antwort danke.

Ich habe die Tabelle jetzt auch mal angelegt. Ich möchte das noch einen Schritt weiter mit den entsprechenden Kosten pro Unze, in Abhängigkeit von den Headgrades ausrechnen.

Jetzt habe ich da aber ein ganz dickes Problem mit Excel. Zum Beispiel dient ja das Kästchen mit den 1,8 g/t als ein Faktor in der Formel für 4400 t pro Jahr Rechnung. Nehme ich jetzt dieses Kästchen und kopiere es einen tiefer in die Zeile mit den 4500 t pro Jahr dann nimmt der nicht wieder die 1,8 g /(t sondern das Kästchen drunter. Der hat das also automatisch übertragen. Normalerweise ist das auch ne super Sache aber in diesem Fall brauche ich es halt nicht und müsste es überall manuell wieder korrigieren. Gibt es da eine Lösung?

P.S. warum nimmst du 350 Tage im Jahr „The mill currently operates 24 hours per day, 365 days per year”

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.098.714 von Wiewel2005 am 03.03.07 23:13:33

Du mußt die Bezeichnung für das EXCEL-Feld in $-Zeichen setzen.

$A$1 nimmt immer die Zelle A1
A$1 nimmt die Reihe A1, B1, C1.....
$A1 nimmt die Spalte A1, A2, A3....


Ich habe mit 365 Tagen gerechnet !

Art

PS: zu Block 1 kommen nochmal 7500 oz Gold dazu...mindestens

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.098.827 von Art Bechstein am 03.03.07 23:18:42

huhu hier bin ich wieder. War grad was Xbox zocken. Also muss ich gleich mal testen, das stört mich schon seit Wochen mit diesen dummen Formeln

" Block 1 kommen nochmal 7500 Oz dazu mindestens"
Worum geht es hier mit 7500 Oz?

Ich habe auch den Fehler grad gefunden. die Differenz zu meiner Rechnung war gar nicht 350 Tage ( 15/365 = 4%) sondern die Recoveryrate -4% die ich vergessen hatte. Jetzt stimmts alles.

Ich mach das dann mal alles mit der Liste und dann gibt es die morgen. Muss halt nur noch wissen wie und woher die 7500 k Oz kommen.

Gruß Wiewel

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.100.717 von Wiewel2005 am 04.03.07 01:05:58

achso es ging mit den 7500 um die Goldblöcke aus der Liste. Ich dachte es ging noch um die Kalkulation mit den zwei Rechnungsblöcken. Oke hat sich die Frage erledigt.
Bis dann

[Wiewel2005]

so bitte schön

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.102.970 von Wiewel2005 am 04.03.07 11:11:44

wiewel,

sehr gute Arbeit, aber man muß natürlich bedenken, dass das in Prozenten angegebene Potential nur für Sigma-Lamaque gilt und das ohne die 1000er Ball Mill. Wenn Peru auch noch die fest eingeplanten 60-80k Unzen beisteuert, kommt auch das Potential langsam in Regionen, wo es sich lohnt über ein Investment nachzudenken

Wenn ich mir dann noch überlege, dass eine Plexmar, die in Nordperu das Nachbargrundstück (Bolsa del Diabolo) von Centurys Colina Dorada Property sowie das Escondida Property in - wohlgemerkt Ecuador - hält und ohne ein einzige Bohrloch sogar mit 2 Mio C$ mehr als Century an der Börse bewertet ist, dann ist mir eigentlich nicht besonders bange.

Art

[Statistix]

Wow, das ist eine tolle Tabelle!!!
Und das schöne ist sie ist in jeder Zelle grün .

Generell sehe ich den Markt von hier bis Ende des Jahres deutlich rot. Die Zinssteigerungen schlagen nun durch. Am Ende des Tages wird die Printing Press wohl zur Rettung gerufen und dann dürften wir mit Gold ganz ganz vorne liegen.

Ich liquidiere aber gerade alle sehr rezessionsanfälligen Positionen und suche gute Positionen um den Hedge mit Gold (sollte auch bei einer Rezession gut laufen) zu ergänzen. Eigentlich wollte ich ja keine Puts mehr anfassen...

[MFC500]

Antwort auf Beitrag Nr.: 28.103.575 von Statistix am 04.03.07 12:09:30

dann dürften wir mit Gold ganz ganz vorne liegen

Theoretisch ja. Ein Blick auf die vergangene Woche zeigt, daß auch das nicht zwangsläufig ist. Gold (-6,2% gg Vorwoche) und Silber (-12% gg Vorwoche) haben sich dem allgemeinen Abwärtssog nicht entziehen können.

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.107.038 von MFC500 am 04.03.07 15:03:28

MFC500,

stimmt zwar scheinbar erstmal, jedoch waren sich die Analysten einige darin, dass Gold und Silber zwecks Deckung von Margin Accounts im Wertpapierbereich abverkauft wurden. Ein Analyst schrieb, dass Gold damit ein Opfer des eigenen Erfolgs geworden ist. Könnte die Tage ein schöner Einstiegszeitpunkt für Gold-/Silber-Calls sein. Century wurde zudem kräftig gedrückt am Freitag, was man sehr schön am Handelspattern ablesen konnte. Wenn Century nämlich das Pre-Stripping abgeschlossen hat, das Lamaque Permit da ist und sich in Peru ein erfolgreicher Upgrade der Verarbeitungsanlage abzeichnet, dann ist Century mit seinen über 5 Mio Oz Gold Übernahmetarget Nr. 1 selbst für einen jungen Produzenten. Anscheinend will man hier erst kein positives Sentiment entstehen lassen und nutzt solche MArktstimmungen wie letzte Woche gnadenlos dazu aus, den Kurs wieder unter die 0,60$ zu treiben.

Art

[MFC500]

Antwort auf Beitrag Nr.: 28.108.443 von Art Bechstein am 04.03.07 15:55:57

diese Begründung habe ich ebenfalls gelesen. Ob sie zutreffend ist, vermag ich nicht zu beurteilen. Falls ja, könnte von dieser Seite weiteres Ungemach drohen, falls sich der allgemeine Abwärtstrend an den Finanzmärkten fortsetzt. Mir ging es auch hauptsächlich um den Hinweis, daß der - eigentlich logische - Anstieg beim "Krisenmetall" eben nicht zwangsläufig eintritt. Wer seine Aktiendepots mit Longpositionen auf Gold oder Silber abgesichert wähnte, wurde vergangene Woche doppelt bestraft. Mittel- bis langfristig bin ich hingegen durchaus optimistisch für die Edelmetalle.

Möglich auch, daß Century gezielt "gedrückt" wurde. Ich habe aber eher den Eindruck, daß die Anleger sich, wie meist in solchen Börsenphasen, irrational verhalten. Da wird alles auf den Markt geschmissen, ohne detailliert abzuwägen. Gutes Beispiel hierfür ist auch die Kursentwicklung bei Uranwerten. Aufgrund der Fundamentaldaten habe ich am langfristigen Erfolg von Century keinerlei Zweifel, würde mich aber über weitere Kursrückgänge im allgemeinen Abwärtssog (so dieser anhält) nicht wundern, selbst wenn der Goldpreis stabil bliebe

[SharpRatio]

Antwort auf Beitrag Nr.: 28.108.443 von Art Bechstein am 04.03.07 15:55:57

Heute beginnt in Peking der Volkskongress. Es stehen sehr wichtige Themen an, von globaler Bedeutung. So berät der Volkskongress wie mit den Währungsreserven weiter verfahren wird. Es wird über eine Umschichtung von Dollar in Aktien oder Rohstoffe beratschlagt. China hat die größten Dollar-Reserven, aber kaum Gold. Meiner Meinung nach wird es sehr schwer, sich hier festzulegen ohne die eigene Dollar Reserven durch Aussagen und Beschlüsse zu schwächen. Ich denke nicht, dass China offen sagen wird, wir bauen die Dollar-Reserven massiv ab. Denn so würde man den Dollar massiv unter Druck bringen. Ich bin gespannt, wie man das Thema beschließt und anschließend publiziert.

[SharpRatio]

Antwort auf Beitrag Nr.: 28.118.894 von SharpRatio am 05.03.07 08:47:11

China hat minimale Goldreserven und viele Dollars. Der frühere Grund für hohe Devisenreserven, um bei Währungen zu intervenieren zu können sei mittlerweile weggefallen, so hab ich es kürzlich gelesen. Ich persönlich bin der Meinung, dass die Chinesen beschließen werden, die kleinen Goldreserven aufzustocken und den Greenback runterzufahren, wenn möglich so leise wie es nur geht.

[Wiewel2005]

Antwort auf Beitrag Nr.: 27.733.786 von Wiewel2005 am 15.02.07 22:58:49

ich denke immer sehr positiv auch wenn es bei dem weiteren Kurseinbruch bei CMM nicht einfach fällt. Trotzdem sage ich einfach mal juhu das Gap is zu.

Day High Low
0.60 0.57

[Rainolaus]

Antwort auf Beitrag Nr.: 28.131.926 von Wiewel2005 am 05.03.07 19:19:44

wohingegen das Verkaufssignal beim MACD nicht so positiv stimmt. Der Goldpreis auch nicht.

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.132.020 von Rainolaus am 05.03.07 19:25:13

Ja schooooooooon, aber ich meine welcher Wert hat den aktuell kein MACD Verkaufssignal. So wie aktuell die meisten Werte völlig unabhängig von den Fundamentaldaten verprügelt werden. Ich meine dieses Verkaufssignal hat ja nix mit der Aktie zutun sondern kommt nur, weil der ganze Markt konsolidiert. Und Gold ist nun mal ein wenig wirbelig mit Silber. Und CMM muss ja wegen den hohen Produktionskosten auf den Goldpreis auch was anspringen. Von dem Maicrash ist das aktuell noch alles weit entfernt. Ich sehe viel eher aktuell traumhafte Chancen bei bestimmten anderen Firmen (PRODUZENTEN!!!) reinzukommen.

Ich gehe davon aus du hast verkauft? Ich erinnere mich von anderen Werten, dass der MACD "DER INDIKATOR" für dich ist. Wäre schade jetzt hatten wir ein einziges mal die gleiche Aktie

[Rainolaus]

Antwort auf Beitrag Nr.: 28.132.367 von Wiewel2005 am 05.03.07 19:43:27

ich habe bis auf Arafura alle Explorer bzw. Prodzuzenten verkauft (auch Running Fox) und fühle mich an der Seitenlinie im Moment wohler, weil ich von der Arbeit aus schlecht agieren kann und mir das Blutbad an die Nerven geht. Meine Sorge, dass Gold auch dieses mal nicht als sicherer Hafen dient, hat sich ja auch bestätigt. CMM habe ich übergangsweise nur verkauft, weil dieser Wert einen grossen Hebel in die eine sowohl als auch die andere Richtung hat.
Arafura ist zwar auch weiter gefallen, irgendwie will ich diesen Wert aber nicht verkaufen. Im Gegenteil, das ist eine der Gelegenheiten um evtl. nochmal dort nachzukaufen.
Im übrigen denke ich dass im Hinblick auf den sell-in-may Monat kurzfristig quer durch alle Branchen grosse Kurssteigerungen zu erwarten sind.

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.132.020 von Rainolaus am 05.03.07 19:25:13

Und trotz Goldminus ist CMM jetzt rechnerisch besser bewertet als vorher bei 685 $. Der Kurs ist jetzt nun mal unten da können wir nix mehr dran ändern, aber die Fundamentale Lage ist wieder besser bewertet.

P.S. Wer auf meinen Excelfetisch eingeht wird verklagt.

[Rainolaus]

Antwort auf Beitrag Nr.: 28.132.522 von Rainolaus am 05.03.07 19:50:50

oh man, im letzten Satz meinte ich natürlich:

Im übrigen denke ich dass im Hinblick auf den sell-in-may Monat kurzfristig quer durch alle Branchen KEINE grossen Kurssteigerungen zu erwarten sind.

[MFC500]

Gold ist keine sichere Bank mehr
Montag 5. März 2007

Bislang wurde dem gelben Metall die Funktion des "sicheren Hafens" zugeschrieben: Bei Kriegen und geopolitischer Unsicherheit wie dem Konflikt um das iranische Atomprogramm wird Gold als Anlageklasse besonders gesucht - so lautet jedenfalls die Theorie.

Diese Annahme ist aber nicht auf alle Krisen übertragbar. "In manchen Fällen hat Gold seine Funktion als 'sicherer Hafen' nicht oder nur unzureichend erfüllt", sagte Wolfgang Wrzesniok-Rossbach, Leiter Marketing & Sales bei der Heraeus Metallhandelsgesellschaft. Das trifft beispielsweise auf den Aktienmarktcrash am 19. Oktober 1987 zu: Am Schwarzen Montag legte der Goldpreis um 15,8 Prozent zu, tags darauf brach er um 16,7 Prozent ein.

Für den jüngsten Preisrutsch machen Marktteilnehmer das große spekulative Interesse an Gold verantwortlich. Hedge-Fonds und andere Anleger hatten den Goldpreis Anfang der vergangenen Woche auf das Neunwochenhoch von 689 $ getrieben. Weitere Faktoren hinter der Rally waren der Anstieg des Ölpreises auf mehr als 60 $ je Barrel (entspricht 159 Litern) und die erwartete Schwäche des Dollar. Fundamentaldaten wie physisches Angebot und Nachfrage spielten nahezu keine Rolle. Das chinesische Neujahrsfest, in dessen Zuge die Goldnachfrage steigt, endete bereits am 18. Februar.

Spekulanten an Terminmärkten am Werk

Zu erkennen ist das spekulative Interesse auf den US-Terminmärkten. Die Netto-Kaufpositionen der Spekulanten an der New Yorker Metallbörse Comex haben sich laut der US-Terminbörsenaufsicht Commodity Futures Trading Commission (CFTC) in der Woche zum 27. Februar um 16.992 auf 160.476 Kontrakte erhöht - das höchste Niveau seit Januar 2006. Im Mai 2006 hatte Gold den Rekordpreis von mehr als 730 $ erreicht. Auch das "Open Interest" - die offenen Positionen - legte in der Vorwoche um 38.973 Kontrakte zu. "Der Anstieg der Kaufpositionen in der jüngsten Vergangenheit verlief rasant. Mit der jetzt einsetzenden Korrektur wird Gold wie jede andere Anlageklasse behandelt. Die Investoren beginnen, ihr Risiko zu reduzieren", sagte Stephen Briggs, Metallanalyst bei Société Générale (Paris: FR0000130809 - Nachrichten) . Das sei auch bei Basismetallen zu beobachten: "Quer über alle Anlageklassen wächst die Nervosität. Gold ist da keine Ausnahme."

Es gibt es aber auch Experten, die den Goldpreisverfall gerade als Beleg dafür sehen, dass Gold seine Funktion als "sicherer Hafen" durchaus erfüllt. "Die Investoren verkaufen Gold, um in turbulenten Zeiten über genügend Liquidität zu verfügen", sagte Rhona O'Connell, die für das Beratungshaus GFMS Analytics arbeitet. "Mit den Erlösen können die Anleger die für Aktiengeschäfte fälligen Sicherheitsleistungen an den Terminmärkten finanzieren", sagte O'Connell weiter.

http://de.biz.yahoo.com/05032007/345/gold-sichere-bank.html

[SharpRatio]

Antwort auf Beitrag Nr.: 28.131.926 von Wiewel2005 am 05.03.07 19:19:44

Das Handelsblatt hat heute über den chinesischen Volkskongress berichtet. Nachdem tags zuvor angekündigt wurde, dass die Dollar Währungsreserven zur Debatte stehen, wurde heute darüber kein Wort berichtet. Entweder steht dass noch auf der Tagesordnung oder es wird geheim debattiert. Das macht auch mehr Sinn, weil eine Entscheidung, die Dollars in Gold umzutauschen, den Dollar und damit den Chinesischen Dollar-Bestand erheblich zusetzen würde.

[Wiewel2005]

krasse Kiste ist das heute:

[calibra21]

Antwort auf Beitrag Nr.: 28.170.334 von Wiewel2005 am 07.03.07 18:11:53

Die Richtung ist somit klar vorgegeben. Wiewel, kann das mit dem Fristablauf der Warrants zusammenhängen?

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.170.413 von calibra21 am 07.03.07 18:15:36

Oha da fragst du mich was, ich sehe keinen Grund warum die Aktie wegen den Warrants steigen sollten, Art steckt in der ganzen Warrant und Optionsgeschichte aber viel mehr drin.

[calibra21]

Antwort auf Beitrag Nr.: 28.171.067 von Wiewel2005 am 07.03.07 18:51:36

Soviel ich weiss endete die Frist für bestimmte Warrants am 7. März. Art, weisst du was bzgl. den Warrants?

[Albatossa]

Antwort auf Beitrag Nr.: 28.098.410 von Art Bechstein am 03.03.07 22:58:42

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.171.731 von calibra21 am 07.03.07 19:20:36

sind größtenteils eingelöst worden, sollen jedoch ebenfalls zum größten Teil bereits vorab verkauft worden sein (Quelle ist ein BB User, der mit Peggy auf der PDAC gesprochen hat). Vielleicht wurde heute die letzte Mio. von den 5 Mio. Aktien verkauft...lief ja bestimmt 900k Vk-Volumen heute+gestern über anonymus, also das anonyme Handelssystem.

Art

[Frickhasserin]

Tach

ich bin seit dieser Woche nun auch dabei
auf diesem Niveau hat die Aktie wieder ein hohes Potenzial

[Wiewel2005]

Antwort auf Beitrag Nr.: 28.173.365 von Frickhasserin am 07.03.07 20:41:08

Oh Zockerqueen persönlich an Board?

Wo wurde CMM denn empfohlen?

Für mich persönlich ist dein Einstieg ein ganz klar NEGATIVES Zeichen.

[Frickhasserin]

Antwort auf Beitrag Nr.: 28.173.594 von Wiewel2005 am 07.03.07 20:59:07

ich zocke nur selten, sondern investiere langfristig in Qualitätsaktien und wie man auch hier wieder sieht, kaufe ich
meistens am Tief, dann wenn keiner kauft

[Rainolaus]

Antwort auf Beitrag Nr.: 28.173.594 von Wiewel2005 am 07.03.07 20:59:07

Oh Zockerqueen persönlich an Board?


is `n Kerl.

[Frickhasserin]

Die Umsätze stimmen schon mal extrem positiv und deuten ein Ende der monatelangen Abwärtsbewegung an

[calibra21]

Antwort auf Beitrag Nr.: 28.173.957 von Frickhasserin am 07.03.07 21:31:29

Zur Info. Auch bei CMM gibt es wie auch bei Arafura einen Talkthread:
Thread: $$ Der Century Mining Chart-, RT-, Talkthread $$

[betzo]

Antwort auf Beitrag Nr.: 28.173.957 von Frickhasserin am 07.03.07 21:31:29

Mensch Fricki, du bist auch überall dabei! Ich bin auf die Dines-Gerüchte und die hohen Umsätze in Kanada hin eingestiegen und freue mich schon auf die nächsten Tage!

[Frickhasserin]

Antwort auf Beitrag Nr.: 28.174.134 von betzo am 07.03.07 21:46:01

ja ich verfolge Century schon lange, habe aber eine Bodenbildung zum einsteigen abgewartet.
Nun könnte es rasant aufwärts gehen

[Frickhasserin]

Antwort auf Beitrag Nr.: 28.174.134 von betzo am 07.03.07 21:46:01

Kanada schliesst am Tageshoch 0,76 CAD = 0,49 Euro

[betzo]

Antwort auf Beitrag Nr.: 28.174.901 von Frickhasserin am 07.03.07 22:20:21

Geil!

[calibra21]

Ausbruch unter massivem Volumen geglückt. Dachte nicht, dass das Doppeltop so Butterweich wäre. MACD nun auch positiv.

[mike32]

Century Mining Announces Exercise of Five Million Warrants
3/7/2007

BLAINE, WASHINGTON, Mar 7, 2007 (CCNMatthews via COMTEX News Network) --
Century Mining Corporation (TSX VENTURE:CMM) announces today that all five million warrants with an expiry date of March 7, 2007 have been exercised between February 19 and March 7, 2007 at an exercise price of $0.44 per share for proceeds to the Company of C$2.2 million.

The Company currently has 123,047,019 common shares issued and outstanding.

Margaret Kent, President & CEO, said: "We are pleased that these warrants have now been exercised and the overhang of five million shares has been removed from the market."

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Quebec that historically have produced over 9.4 million ounces of gold. In Peru this year Century acquired control of the San Juan Mine where the Company accounts for 100% of gold production. Century's growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

Margaret M. Kent, Chairman, President & C.E.O.

Caution Concerning Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.

SOURCE: Century Mining Corporation

Century Mining Corporation
Brent Jones
Manager of Investor Relations
1-877-284-6535 or [phone]
Email: [e-mail]
Century Mining Corporation
Graham Eacott
Vice President, Investor Relations
1-877-284-6535 or [phone]
[phone] (FAX)
Email: [e-mail]
Website: www.centurymining.com
Copyright (C) 2007 CCNMatthews. All rights reserved.




http://www.stockhouse.com/news/news.asp?newsid=4980525&tick=…

[SharpRatio]

Antwort auf Beitrag Nr.: 28.176.570 von mike32 am 08.03.07 07:24:49

Im Bereich 0,73 CAD war nochmal ein Widerstand. Der ist jetzt weg. Jetzt dürfen wir uns über lang ansteigende Kurse freuen. Kaufen und liegen lassen.

[Blumenzauber]

Hab nochmal zugeschlagen

[Frickhasserin]

Antwort auf Beitrag Nr.: 28.178.819 von Blumenzauber am 08.03.07 10:12:19

mal sehen ob Kanada die gestrigen Gewinne heute ausbaut

[Blumenzauber]

Antwort auf Beitrag Nr.: 28.178.886 von Frickhasserin am 08.03.07 10:15:20

Ich hoffe ja

[Denkzettel]

Antwort auf Beitrag Nr.: 28.178.819 von Blumenzauber am 08.03.07 10:12:19

Hi Ho, Blummenzauber!
Nach Sabina sind wir jetzt auch beide in Centurry, na dann kann ja nichts schiefgehen...

An dich und Frickhasserin:

Da hier viele Faketenthreads gepostet werden, wäre es besser, wir stören Art & Co. nicht mit unserer Plapperei hier, sondern posten
im Nachbarthread
"$$ Der Century Mining Chart-, RT-, Talkthread $$" damit hier möglichst viele Interssenten sie Fakten lesen können, okay?

Greetz
Denkzettel

[Blumenzauber]

Antwort auf Beitrag Nr.: 28.181.130 von Denkzettel am 08.03.07 12:16:17

Hallo Denkzettel
Du auch hier, das ist super

[Frickhasserin]

Taxe 51 zu 53 Cent

schon jetzt über 1 Mio Stück Umsatz in Kanada

[calibra21]

Antwort auf Beitrag Nr.: 28.188.501 von Frickhasserin am 08.03.07 18:14:55

Hey Frickhasserin. Dieser Thread ist doch absolut langweilig oder? Lass´uns "rüber" gehen

Thread: $$ Der Century Mining Chart-, RT-, Talkthread $$

[SharpRatio]

Antwort auf Beitrag Nr.: 28.181.130 von Denkzettel am 08.03.07 12:16:17

International Stock Targets: CENTURY MINING CORPORATION Announcing Exercise of Five Million Warrants
3/9/2007
Mar 09, 2007 (M2 PRESSWIRE via COMTEX News Network) --

CENTURY MINING CORPORATION (TSXV:CMM) was up 2.50% today on just over 500,000 shares traded.

Century Mining Corporation announces that all five million warrants with an expiry date of March 7, 2007 have been exercised between February 19 and March 7, 2007 at an exercise price of $0.44 per share for proceeds to the Company of C$2.2 million.

The Company currently has 123,047,019 common shares issued and outstanding.

Margaret Kent, President & CEO, said: "We are pleased that these warrants have now been exercised and the overhang of five million shares has been removed from the market." Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Quebec that historically have produced over 9.4 million ounces of gold. In Peru this year Century acquired control of the San Juan Mine where the Company accounts for 100% of gold production. Century's growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

International Stock Targets is curious as to the activities of this equity, as our current focus is on small cap companies.

In other news, International Stock Targets has announced a "Strong Buy" recommendation along with a one-month and six-month price target in their latest research report. Please note that the following is an investment opinion issued by International Stock Targets. For full details on this equity visit the attached link:

http://www.internationalstocktargets.com/March_2007_Target_R…

[SharpRatio]

Antwort auf Beitrag Nr.: 28.181.130 von Denkzettel am 08.03.07 12:16:17

Kennt jemand International Stock Targets?

In other news, International Stock Targets has announced a "Strong Buy" recommendation along with a one-month and six-month price target in their latest research report.

[Raggamuffin]

hi

also in dieser pdf datei geht es nur um den letter wie super er nicht ist und um eine company namens canam energy mit einem 1 month target von 2,75 und einem 6 month target von 4,15

nichts von century drin

die machen nur werbung für sich selbst. und preisen ihren newsletter an

[SharpRatio]

Antwort auf Beitrag Nr.: 28.211.203 von Raggamuffin am 09.03.07 20:47:12

Danke! Ich kann nur am Lap Top PDF Dateien öffnen. Hier am Rechner geht dass nicht. Danke für die Info!

[Frickhasserin]

sieht weiterhin sehr gut aus
Rücksetzer hält sich in Grenzen

[FightingDonkey]

jo. war echt Pech, dass die Zeit des eigentlichen Asubruchs genau in eine allgemeine Konsolidierungsphase geraten ist. Aber das wird schon, nur keine Hektik...

[calibra21]

Antwort auf Beitrag Nr.: 28.308.435 von FightingDonkey am 15.03.07 13:37:55

Also ich finde es schon erstaunlich wie gut sich CMM im Gegensatz zu anderen Rohstoffwerten in der allgemeinen Konsolidierungsphase gehalten hat. Das ist ein Zeichen für absolute Qualität.

[calibra21]

News!

Century Mining Granted Injunction by Peruvian Court on Litigation Related to Compania Minera Poderosa S.A.

http://www.stockhouse.com/news/news.asp?newsid=4995007&tick=…

[medimmune]

Century-Aktionäre,

da unser Vorstand und Board praktisch identisch sind und wir von der gleichen Adresse aus gemanagt werden, möchte ich euch darauf aufmerksam machen, dass der erste Thread zu Tamerlane Ventures (TAM) auf wallstreet-online eröffnet wurde. Der kleine Century Mining-Bruder aus dem Hause Ross Burns/Peggy Kent ist in jedem Fall risikoreicher aber bietet als möglicher Near-term producer mit einer 13 Milliarden Ressource ein Potential, dass andere Juniors deutlich in den Schatten stellen dürfte.

Wer Lust hat, der englischen Sprache mächtig ist und Kommentare ausländischer Investoren nicht scheut, kann gerne mit uns im neuen Thread zu Tamerlane Ventures diskutieren.

[mike32]

MARCH 22, 2007 - 16:17 ET

Century Mining Announces Changes to Board of Directors

BLAINE, WASHINGTON--(CCNMatthews - March 22, 2007) - Century Mining Corporation (TSX VENTURE:CMM) is pleased to announce that Ricardo M. Campoy has been appointed to the Company\'s Board of Directors. Ricardo Campoy is a seasoned international natural resources banker with diverse industry experience as a mining engineer and as a financial advisor. His 27-year career in natural resource finance has included merchant, commercial and investment banking. Mr. Campoy has many accomplishments in the natural resource industry sector and has been involved in project finance, including debt and equity private placements, and mergers and acquisitions. He is currently in private practice in New York City as a financial and corporate advisor to the resource industry and other sector groups. He most recently headed the Mining and Metals Group of WestLB AG in New York. His career has primarily been in New York, London and Chicago. Mr. Campoy is also a director of Kilgore Minerals Ltd. and Idaho General Mines, Inc. Mr. Campoy earned a Bachelor of Science in Mining Engineering at the Colorado School of Mines and a Master of International Management (Finance) from the American Graduate School of International Management. He is fluent in Spanish.
Mr. Campoy replaces Pierre Desjardins who has resigned from the Company\'s Board of Directors.

Margaret Kent, President and CEO, commented, "We are very pleased to welcome Ricardo Campoy to our Board of Directors. Ricardo has a wealth of mining and financial experience that he gained in investment and corporate banking, which will be invaluable as we build Century into a significant mid-tier gold producer. He has spent a significant part of his career on South American projects where his knowledge and experience will assist the Company as we expand our operations in Peru. Ricardo has recently advised Century on a number of merger and acquisition studies that the Company has undertaken. I would like to thank Pierre Desjardins for his significant contribution to corporate governance and other matters over the last two years during the early development of the Company."

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Quebec that historically have produced over 9.4 million ounces of gold. In Peru, Century owns an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century\'s growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company\'s consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

Margaret M. Kent, Chairman, President & C.E.O.

http://www.kitco.com/" target="_blank" rel="nofollow ugc noopener">http://www.kitco.com/

[sunbeamer]

Antwort auf Beitrag Nr.: 28.443.220 von mike32 am 22.03.07 23:14:36

Century Mining Files NI 43-101 Technical Report on San Juan Property, Peru-Reserve & Resource Report Due in 3 Months

BLAINE, WASHINGTON, Mar 29, 2007 (CCNMatthews via COMTEX News Network) --

Century Mining Corporation (TSX VENTURE:CMM) is pleased to announce that the Company has filed an NI 43-101 Technical Report on its San Juan Property located in Arequipa Department, Peru. The report, dated 19 March 2007, was prepared by Chlumsky, Armbrust and Meyer, LLC ("CAM") for the Company for the purpose of providing technical data relating to the San Juan de Chorunga property. The report does not present any quantified mineral resources or reserves, except those of a historical nature from previous operators, which are not NI 43-101 compliant and should not be relied on. The report is available on www.sedar.com.

The Technical Report was prepared in order to report on the geology, mineralization, history and current operations at San Juan. The report was assembled from numerous separate documents, as there has never previously been a comprehensive report prepared on the district. A further report, which will be completed in three months, will contain mineral resources and reserves that will be compliant with NI 43-101 standards of disclosure.

The CAM report was prepared pursuant to a visit to the San Juan property by Dr. Fred Barnard, a geologist and qualified person. Dr. Barnard's visit included an overview of the mineralized district from the Pampa Las Yeseras plateau; inspection of Century's surface drilling program; examination of the Mercedes and San Juan veins and underground mining method; a visit to the geological office at the San Juan camp; and a visit to the metallurgical plant at San Juan. Dr. Barnard also visited and examined the Company's other prospects at Champune, Erika, Santa Clarita, and Veta Clara.

CAM conclude that the San Juan property shows good potential for many years of gold production in the known veins, as well as potential for the discovery of economic copper, molybdenum, and gold deposits in the known mineralized porphyry-copper systems.

CAM recommended a drilling program and related work to define NI 43-101 compliant mineral resources and reserves in the known productive veins, as well as exploration of the porphyry-copper systems. The recommended work program is estimated to cost US$1.5 million. The Company has already spent US$0.8 million of this amount on the on-going drilling program, which forms the bulk of the work program that commenced at the end of last year.

Approximately 3,800 meters of drilling have been completed to date with approximately 3,000 meters of additional drilling required to complete the program over the next two to three months. Concurrently, six people are working to provide 24 hours per day input on scanning and entering 40 years of underground data so that the reserve and resource calculations can be made.

Margaret Kent, President and CEO, commented: "CAM's NI 43-101 Technical Report is a prelude to a more detailed technical report that will quantify mineral resources and reserves after we have completed the current exploration drilling program at San Juan. CAM's conclusion that the San Juan property has good potential for many years of gold production, in addition to the potential for the discovery of economic copper, molybdenum and gold deposits on our neighboring properties, confirms our high expectations when we carried out due diligence prior to acquiring these properties in May of last year. We are excited about the prospects for a major mineral discovery in this district and the positive impact this will have on the market value of Century."

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Quebec that historically have produced over 9.4 million ounces of gold. In Peru, Century owns an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century's growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

Margaret M. Kent, Chairman, President & C.E.O.

Caution Concerning Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.

SOURCE: Century Mining Corporation

Century Mining Corporation
Brent Jones
Manager of Investor Relations
1-877-284-6535 or [phone]
Email: [e-mail]
Century Mining Corporation
Graham Eacott
Vice President, Investor Relations
1-877-284-6535 or [phone]
[phone] (FAX)
Email: [e-mail]
Website: www.centurymining.com

Copyright (C) 2007 CCNMatthews. All rights reserved.

[Art Bechstein]

das Posting aus RB wollte ich Euch nicht vorenthalten - der User hat sich auf der Rohstoffkonferenz in Calgary (31.3./1.4.07) mit den beiden Vizepräsidenten Ross Burns und Graham Eacott unterhalten:

I spoke at length with GE and RB.

1. The spin off of properties will include the Caroline mine. Nothing else has been decided. No shares of the spinoff company will be given out to existing CMM share holders as no value is in the existing share price of CMM for these assets.

2.GE is retiring as of March 31. His first day of retirement is working the show with Ross.

3. Waste removal at Sigma is expected to be completed by end of April.

4. Audited year end report out mid April.

5. Lamache report expected mid April.

6. Expect head grades to average 1.7 g/t in Q1/07.

7. The Sigma mill runs economically at 5000t/d, including Lamache ore when it becomes available.

8. San Juan has exceeded expections. No definition of expections. Will need to spend $2M this year to get it up to 35000 0z production and need to spend another $10 M to ramp up production to 80000 oz beyond 2008. More later


Klingt doch recht vielversprechend...

Art

[SharpRatio]

Punkt 8 ist interessant, Die Zahl von 80 000 oz im Jahr 2008 les ich zum ersten Mal. "More later" lässt auf weitere Steigerungen hoffen.

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.622.454 von SharpRatio am 02.04.07 14:40:09

"beyond" heißt ja auch über 2008 hinaus...das war immer das Ziel von CMM, die Produktion in Peru auf 80k Oz zu bringen, außerdem muß man immer von der Produktion "in" 2008 und die Produktion z.B. Ende 2008 unterscheiden. Oft wird dann von sog. Exit-Rates ausgegangen, d.h. annualisierte Produktionszahlen auf Basis der Produktion im Dez 2008. CMM hat aber die Guindance weder für 2007 noch für 2008 offiziell verändert...und das ist gut so.

Art

[Pennyshock]

Antwort auf Beitrag Nr.: 28.614.423 von Art Bechstein am 01.04.07 22:08:26

Kann mir jemand Punkt 1 erklären??? Warum werden vom Spinoff keine Aktien an die bestehenden Aktionäre gehen??
Die Begründung unten ist doch mehr ein Witz, oder??


1. The spin off of properties will include the Caroline mine. Nothing else has been decided. No shares of the spinoff company will be given out to existing CMM share holders as no value is in the existing share price of CMM for these assets.

[SharpRatio]

Antwort auf Beitrag Nr.: 28.626.050 von Pennyshock am 02.04.07 17:40:22

Steht doch drinnen, oder? Es gibt keine Aktien, weil die Caroline Mine keine Asset von CMM darstellt. Daher auch keine Ausschüttung. Wohl so eine Art Option auf die Mine die nicht wahrgenommen wird. Fazit: Es werden keine tatsächlichen Assets von CMM entfernt, also muss man nichts an die Aktionäre weiterreichen.

[SharpRatio]

Antwort auf Beitrag Nr.: 28.614.423 von Art Bechstein am 01.04.07 22:08:26

Punkt 3 ist da interessanter, denke ich. Ist das Waste removal schon in der Guidance miteinbezogen, oder ist das ein Sonderposten der die Guidance verbessert?

[Statistix]

Also ich dachte ich hätte mal gelernt, daß eine Option auch einen Vermögensgegenstand darstellt. Naja ich mag mich irren, ich werd' ja auch nicht jünger.
Von daher wundert mich die Vorgehensweise schon. Wer soll denn sonst Aktionär des Spin-Offs sein? Das Management? Dafür hätte ich einen Namen...

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.628.268 von Statistix am 02.04.07 19:45:33

denke die machen einen spin-off mit 50% beteiligung an dritte partei, die dann einen bestimmten cash betrag einbringen muß zur exploration, was ja die cmm aktionäre nicht machen würden und cmm hat selbst auch nix....

[Statistix]

hallo art, danke, daß würde sinn machen. aber nur solange entweder cmm oder die aktionäre min 50% des spin offs halten.
wenn man das spin off als neues vehikel für toxic financings nutzen will schön. hauptsache man nutzt cmm nicht mehr dafür. die häßlichen folgen kennen wir ja alle...
ich denke cmm hat noch deutlich rosigere zeiten vor sich.

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.630.073 von Statistix am 02.04.07 21:33:13

Stat,

dieser mögliche Spin-Off wird absolut überbewertet. Die sollen San Juan explorieren und Sigma-Lamaque endlich flott kriegen. Die Lebensdauer von S-L ist doch eh 40 Jahre vom Reserven/Resourcen Material her, nur San Juan braucht dringend Reserven, die aber da sind, wenn man den technischen Report liest. Und wenn Teck die Daten von Erika nicht rausrücken will, dann sollte uns das noch viel neugieriger machen, denn dieser Prophyry-Target könnte es in sich haben - da muß CMM explorieren...

Art

[Statistix]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[Statistix]

Ich sollte hinzufügen, damit man versteht was ich meine... Ich glaube nicht, daß Humala gewinnt. Egal was die Presse jetzt sagt.

[Art Bechstein]

Antwort auf Beitrag Nr.: 28.633.073 von Statistix am 03.04.07 08:59:58

nein, das ist nicht der Grund für den gestrigen Kursrückgang. Der geht wieder mal auf das Konto des CEO Peggy Kent, und zwar ist auf der Resource-Konferenz am Wochenende durchgesickert, dass das Management von CMM eine Privatplatzierung von Module Resources (MLE.H) zu 0,15$ (+warrant) gezeichnet hat. Das ist die Spin-Off Gesellschaft von CMM und dort wird das Carolin-Property in BC ausgegliedert. Unzufridenheit kam darüber auf, dass die CMM-Aktionäre nicht alle die Möglichkeit bekamen, zu diesen Vorzugskonditionen zu zeichnen. CMM erhält anscheinend eine Back-In Option auf das Property, hätte aber nicht die Mittel, das Property eigenständig zu erschließen. Hintergrund sol angeblich auch sein, dass die TSX unsere CMM nur aufnehmen wolle, wenn für alle Properties 43-101 Reports vorliegen, was sich nun für Carolin erledigt hat. Ich halte das aber für Blödsinn, da es TSX Gesellschaften gibt, die weder produzieren noch komplett 43-101 Reports haben.

Ich finde die Sache nicht besonders schlimm, da ich eh keine Aktien von diesem Spin-Off gekauft hätte, aber da sieht mal wieder, wie schlecht der Ruf unseres CEO mittlerweile ist.

Art

[Statistix]

Danke Art!
Auf dem BB hattest Du ja auch schon thematisiert, daß vielmehr das nicht konforme Accounting für pre-stripping costs für die Weigerung der TSX Grund sei. Ich stimme Dir hier absolut zu. Das mit dem PP ist ärgerlich. Ich schlage mich selbst grade mit McEwens hochundurchsichtigen Geschäftchen rum... Juniors sind halt der wilde Westen.

[Art Bechstein]

hier die gestrige News, die den Kursrückgang auslöste:


Module Resources to option Century's Carolin mine
Module Resources Inc (C:MLE)
Shares Issued 11,327,460
Last Close MLE.H 3/30/2007 $0.40
Monday April 02 2007 - News Release

Mr. Brent Jones of Module reports

MODULE ACQUIRES OPTION ON PREVIOUSLY PRODUCING GOLD MINE; ANNOUNCES CHANGES IN MANAGEMENT, BOARD OF DIRECTORS

Module Resources Inc. has signed a letter of intent to option whereby Module can acquire up to 90 per cent of the Carolin mine and associated Ladner Creek properties from Century Mining, subject to approval by the Toronto Stock Exchange's NEX board and the TSX Venture Exchange.

The transaction calls for Module to acquire an undivided 66.6-per-cent interest in the Carolin properties by making payments of $400,000; completing work expenditures of $3.5-million (U.S.); and issuing 2.0 million common shares of Module (or cash in lieu of shares at Century's discretion) over a period ending Oct. 30, 2009. Upon exercise of the initial option, Century retains the right to repurchase an undivided 17.7-per-cent interest, provided that measured resource estimates under CIM classifications pursuant to NI 43-101 are not less than 750,000 ounces of gold. Century will be entitled to appoint a member to Module's board of directors while Module is exploring and developing the Carolin properties.

During the period in which Module has an option on the tenures, Module will keep the mineral tenures permitted and in good standing. As part of the initial option, Module will, on or before Aug. 30, 2007, replace the existing environmental bond on the property, or negotiate with the B.C. regulators responsible to refund the existing bond. Any part of the bond not refunded by regulators will need to be posted by Module.

If Century does not exercise its right to repurchase upon Module's exercise of the initial option, Module will be granted a second option, to acquire an additional 13.4-per-cent interest in the property from Century for $2.0-million (U.S.), or an additional 23.4-per-cent interest for $4.0-million (U.S.).

If the feasibility is not positive and no decision to proceed to commercial production is made by Oct. 30, 2009, then Module may subsequently extend the option on the property to further explore and develop the resource ounces at its own expense for a period of five years, with Century's interest remaining at 33.4 per cent. If at that time Century does not make the repurchase election within 60 days of the option date, Module will have an option to purchase an additional 9-per-cent working interest for the payment of $3.75-million (U.S.) or an additional 19-per-cent working interest for the payment of $8-million (U.S.).

If Module has greater than 50-per-cent working interest in the concessions it will be the designated operator of a joint venture company or other corporate vehicle to be created by the working interest partners.

If and when the mine is developed and brought into production, Module must make a final payment of $500,000 (U.S.) to Century within 60 days of achieving commercial production if Module has more than a 50-per-cent working interest, and a payment of $250,000 (U.S.) if Module has a less than 50-per-cent working interest in the project.

Century maintains a right of first refusal on all dispositions of the properties by Module to any but related third parties.

For dilution purposes, the deemed interest of Century upon Module earning a 66.6-per-cent interest will be $3.34-million (U.S.) and the deemed interest of Module will be $6.66-million (U.S.). If Century's interest is diluted to 10 per cent, such interest will revert to a 3-per-cent net smelter royalty.

Carolin, located 150 kilometres from Vancouver near the community of Hope, between the Coquihalla and Trans-Canada highways, produced 43,500 ounces of gold over a 27-month period from 1982-1984. The most recent available previous analysis of this property, done by previous owner Athabaska Resources in 1996, suggested that as much as 190,000 ounces of gold may remain in the existing mine (1.36 million tonnes at 0.14 ounce per ton), with up to 33,000 more ounces in the tailings (600,000 tonnes at 0.54 ounce per ton). Both grades might make economic recovery possible.

The historic estimate is not compliant with the CIM classifications of NI 43-101 and while it is believed to be relevant, it should not be relied upon. Century previously commissioned an NI 43-101 report on the property, performed by George Cavey, PGeol, which recommends further work on it, including updating the resource estimate to NI 43-101 standards and additional exploration and data analysis, with the intention of determining the resource in accordance with CIM classifications.

Module expects that the acquisition of the Carolin properties and the updating of the geological report will qualify the company to successfully apply for a Tier 2 listing on the TSX Venture Exchange.

Exploration results elsewhere on the property have also been promising, with preliminary drilling results showing 0.33 ounce per ton over 29.5 feet and 0.15 ounce per ton over 49 feet. Not all the targets within the property have been tested. Module believes there is potential to expand the zones of mineralization and identify additional zones of mineralization.

Additional substantial areas of the Carolin property remain unexplored and are of significant interest, as the geology in this area -- the Coquihalla gold belt -- closely resembles the geology in the California Mother Lode district, which produced more than 9.9 million ounces of gold.

A plan for detailed geological assessment of the property is being prepared. Initial work will be funded by the proceeds from a recent private placement of stock, with additional funds expected to be acquired from a subsequent stock issuance. If exploration work is successful, Module intends to put the mine back into production.

Module is further pleased to announce the appointment of Greg S. Whiting as chief executive officer. Mr. Whiting has managed the development of strategic start-up ventures within several private and publicly traded companies for 15 years, most recently at the Stanley Works (NYSE: SWK) with results that have included the creation and introduction of more than 40 new product lines. He has had P&L responsibility for product categories up to $30-million (U.S.) in annual sales and has frequently been responsible for developing and implementing strategies for business growth. Mr. Whiting's undergraduate degree is in metallurgical engineering, and his professional experience includes six years in new venture development at Sherritt Incorporated (TSX: S), a major Canadian mining company. Mr. Whiting was granted the option to purchase up to 250,000 shares on March 16, 2007, with up to 85,000 exercisable in the year ending March 16, 2008; 170,000 exercisable in the year ending March 16, 2009; and 250,000 exercisable in the year ending March 16, 2010.

"Module is very excited to have the opportunity to acquire the Carolin property, which has been an active mine in the recent past and offers exciting geological potential," said Mr. Whiting. "This acquisition is an essential component of our strategy to build a profitable precious metals mining company."

The company is also pleased to announce that J. Graham Eacott has been appointed to the board of directors, effective March 30, 2007. Mr. Eacott has extensive experience in corporate communications in the financial markets and was a highly ranked base metals analyst at two major Canadian investment dealers. He has supervisory experience in metallurgical operations at a copper mine and worked as a consultant on feasibility studies and plant design. Mr. Eacott is a graduate of the Canadian Securities Course. Mr. Eacott replaces John Schleinich, who has resigned from the board of directors, effective March 30, 2007.

The company is additionally pleased to announce the appointment of Diana Rollo as chief financial officer. Ms. Rollo has eight years of experience in public accounting as audit manager for two major accounting firms; 12 years experience as chief accounting officer for a publicly traded Canadian gold mining company; and over nine years of experience as chief financial officer and vice-president of finance in mid-market companies. Ms. Rollo has experience in U.S. and Canadian GAAP (generally accepted accounting principles) reporting and Sarbanes-Oxley compliance.

"We are very pleased to announce these changes, which are helping Module build a well-qualified team of management and financial professionals who collectively have many years of experience in new ventures, start-ups, acquisitions, reorganizations, exploration, development, financing, construction and operation of metals mines," commented Richard Gillard, who will remain as president and director. Mr. Gillard is an experienced mining investor who helped organize Norsemont Mining during its early stages. "This new team will be crucial to our success as we pursue our strategy to build a profitable precious metals mining company."

© 2007 Canjex Publishing Ltd.

[AmFadenBrecher]

Century Mining swallows poison pill

2007-04-13 09:44 ET - News Release

Ms. Margaret Kent reports

CENTURY MINING ADOPTS SHAREHOLDER RIGHTS PLAN

Century Mining Corp. has approved the adoption of a shareholder rights plan, effective April 11, 2007. The plan is designed to give the company\'s board of directors and shareholders sufficient time to properly assess an unsolicited takeover bid without any undue pressure. Adoption of the plan also gives the company\'s board of directors time to consider alternatives designed to allow the company\'s shareholders to receive full and fair value for their common shares. Additionally, the plan is designed to provide shareholders of the company with equal treatment in a takeover bid.

Rights under the plan will become exercisable when a person, together with any parties related to it, acquires or announces its intention to acquire 20 per cent or more of the company\'s outstanding common shares without complying with the provisions of the plan or without approval of the board of directors of the company. Under such circumstances, each right, upon exercise, will permit the purchase of common shares of the company at a substantial discount to the market price.

The company intends to seek shareholder approval of the plan at its upcoming annual and special meeting of shareholders to be held on May 7, 2007. The adoption of the plan is also subject to acceptance by the TSX Venture Exchange.

Margaret Kent, president and chief executive officer, commented: "Given the number of resource ounces on our books and the company\'s expansion plans going forward, in addition to a management team experienced in identifying unique acquisition opportunities, we feel that the company is grossly undervalued. This new plan will allow the board of directors of Century time to investigate all alternatives to maximize shareholder value in the event of an unsolicited takeover bid."

The company also announced that it will disclose fourth quarter and full-year 2006 financial results on Monday, April 16, followed by a management conference call on Friday, April 20.

We seek Safe Harbor

[Statistix]

Antwort auf Beitrag Nr.: 28.807.798 von AmFadenBrecher am 14.04.07 10:14:34

es wurden noch mehr Stripping Costs aktiviert... Meine Begeistung hat sich in Grenzen gehalten und ich habe den Pop genutzt um einen Teil meiner Position abzugeben.

[AmFadenBrecher]

Antwort auf Beitrag Nr.: 28.839.480 von Statistix am 16.04.07 16:37:02

steigert das Deine Begeisterung evtl wieder?



Press Release Source: Century Mining Corporation

Century Mining Receives Lamaque Underground Permit
Thursday April 19, 11:44 am ET
Company announces mining operations to begin immediately


BLAINE, WASHINGTON--(CCNMatthews - April 19, 2007) - Century Mining Corporation (TSX VENTURE:CMM - News) announced that it has received an updated Certificate of Authorization from the Quebec Ministry of Environment for the Lamaque underground project, and will begin mining operations immediately. The Company has also satisfied the requirements of the Quebec CSST (Quebec Health and Safety Regulatory Authority).
ADVERTISEMENT


With the receipt of this permit, the Company will begin mining and transporting up to 400 tonnes of ore per day to the Sigma mill. Furthermore, the permit allows the construction of a haulage drift from the Lamaque underground into the Sigma pit at approximately 250 feet from the surface. This will facilitate efficient transport of ore from the upper levels of the Lamaque mine and allow the ore to be stockpiled in the Sigma pit where it will be picked up by larger trucks and hauled to the mill.

As previously announced, the Company has hired a crew of miners, geologists, and engineers for the Lamaque underground program and has procured necessary equipment and materials to begin the program.

Since late 2006, Century has drilled, sampled and defined underground resources and ore blocks, including an extensive sampling program of the available structures. As a result, an initial 11,000 tonnes of ore grading over 15 g/t has been identified, sampled and blocked out for mining at the Lamaque underground. These ore blocks, which are expected to contain over 7,500 ounces of gold, will be the initial targets for extraction.

Rehabilitation work associated with the main accesses and secondary means of egress have been completed and ground conditions encountered continue to be very favorable. The gold-bearing veins encountered to date underground are narrow vein flat laying structures, typically ranging in width from several inches to 2-3 feet, with significant assayed gold values returned from many samples and the presence of visible free gold occurring in a number of veins.

The Sigma-Lamaque underground has NI 43-101 compliant resources as follows: Measured 772,000 tonnes at a grade of 5.4 g/t Au, Indicated 3,151,000 tonnes at a grade of 4.91 g/t Au for a total contained 630,000 ounces of gold in Measured and Indicated. In addition a further 10,101,000 tonnes is carried in the inferred category at a grade of 5.21 g/t Au containing 1.7 million ounces of gold. (Ref. CAM report, Sigma Lamaque Complex, November 29, 2005 which is available on www.sedar.com).

Century\'s results herein described have been prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, Vice President of Exploration, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.

Margaret Kent, President & CEO, commented: "We are very excited to be able to begin mining underground at Lamaque. This project represents another step forward in Century\'s strategy to establish itself as a formidable mid-tier gold producer. To this point in Century\'s development, the Sigma Lamaque Complex has been instrumental, providing six consecutive quarters of positive cash flow and contributing to an annual net profit for the Company in 2006. With the opening of the Lamaque underground, we look forward to even more positive operational and financial results, through which we may continue to grow the Company."

Conference call

Management will host a conference call on Friday, April 20 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time) to discuss 2006 results and Future developments at its operations in Quebec and Peru. Mining analysts, investors and the media are invited to phone 1-888-809-8974 , or 1-210-234-0008 if outside Canada and the U.S.A., followed by the pass code 18290 approximately 5 minutes before the start of management\'s presentation. The presentation will be followed by a question and answer period.

A replay of the conference call can be heard through Friday, April 27 by dialing 1-888-562-2923 , or from outside North America 1-203-369-3750 .

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Quebec that historically have produced over 9.4 million ounces of gold. In Peru, Century owns an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century\'s growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company\'s consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

Margaret M. Kent, Chairman, President & CEO

Caution Concerning Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management\'s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.

[ptm61]

CENTURY MINING CORP
Century Mining Provides an Update on Exploration Programs in Peru-Exciting Porphyry Potential
4/20/2007
BLAINE, WASHINGTON, Apr 20, 2007 (CCNMatthews via COMTEX News Network) --

Century Mining Corporation (TSX VENTURE:CMM) is pleased to provide an update on the exploration program currently underway at the San Juan Mine in southern Peru.

The Company is currently undertaking an aggressive program of target development at the Erika, Veta Clara, Santa Clarita, and Champune prospects. In addition, two diamond drills have been operating at San Juan during January and February with approximately 80 percent of the 2007 drill program completed. Currently, one diamond drill is running full time. Through mid April, 32 drill holes have been completed with more than 7600 meters of drilling. Most of the drilling has focused on the veins in the San Juan mine. However, one hole was completed under the current permit at the Veta Clara mine to the south of San Juan.

Mapping and sampling at the Erika porphyry copper-gold prospect in the southern part of the San Juan land package is approximately 40 percent complete. Preliminary results from the mapping have defined a circular zone of alteration approximately 1.5 kilometers in diameter. This alteration zone includes silicification, and hornfels development in fine-grained sedimentary rocks of the Yura Group. Fracture-controlled iron oxides locally with copper oxides are common. The oxides are the oxidation products of pyrite and chalcopyrite. In the central part of the altered zone, mapping has identified at least 4 different intrusive phases including two quartz-feldspar porphyries. The intrusive phases are present as small stocks and north-northwesterly striking dikes.

Preliminary results from rock chip sampling indicate that higher copper grades are present along the contacts of the various intrusive phases and also within hydrothermal breccias. The highest copper grades encountered thus far are 0.6% copper in multilithic breccias adjacent to late mineral or weakly mineralized high level porphyry dikes.

Typical grades in hornfels and silicified sedimentary rocks range from 0.1 to 0.3% copper and are associated with weak copper oxides, typically chrysocolla. The work also indicates that the current level of exposure of mineralization at Erika is similar to the upper portions of copper porphyry systems. Some of the features typical of the upper part of a system are the lack of potassic alteration, widespread fracture-controlled original sulfides, and late-sericite veinlets ('D' veinlets). Mapping and sampling will continue with the objective of defining the control of mineralization and optimum location for 3 to 5 drill holes. Drilling is planned for the later part of the second quarter of 2007.

Mapping and sampling has also begun at the Veta Clara and Santa Clarita prospects. Both prospects are spatially associated with a major regional fault zone, the Choclon Fault. The work is likely to be completed in April. Historical data at Veta Clara show a large zone of anomalous gold in rocks that measures about 200 meters by 200 meters.

A single drill hole tested the surface gold anomaly at Veta Clara in March. Geologically the zone is associated with multiple vein types hosted by granodiorite and various porphyry intrusions. The drill hole contained fracture controlled pyrite from 2 to as much as 6 percent with strongly anomalous molybdenum and moderately anomalous copper values. Gold concentrations were generally very low to weakly anomalous. The geological and geochemical signature of the area is similar to south Peru copper porphyry systems such as Toquepala or Cuajone. This area appears to be the westward extension of the Santa Clarita porphyry signature and extends westerly another 500 meters. The Company was very encouraged by the results of this hole and believes that it intersects the halo of a major copper gold (molybdenum) porphyry system.

Mapping and sampling will be completed at the Veta Clara, Santa Clarita and Champune prospects by the end of May with drilling to follow later this summer. The Company is waiting for drill permits on theses properties, as well as Erika.

The drilling will continue to focus on the main San Juan veins for the next two months in order to develop NI 43-101 compliant resources and reserves. Results from the Alpacay area south of the Mercedes vein and from the Diagonal vein targets are shown below. Initial results from the Diagonal zone have been received, but the majority of the sample results are pending.



Drill Intercepts at San Juan de Chorunga

---------------------------------------------------------------------------
TRUE GRADE
DRILL FROM TO WIDTH Au
HOLE VEIN (meters) (meters) (meters) (g/t) COMMENTS
---------------------------------------------------------------------------
07SJ-7 Apillao 173.00 173.42 0.4 18.6 includes 173.0 m
to 173.1 m with
77.1 g/t Au
---------------------------------------------------------------------------
07SJ-7 Apillao 'A' 315.00 316.90 1.72 4.7 includes 316.7 m
to 316.9 m with
36.5 g/t Au
---------------------------------------------------------------------------
07SJ-7 Apillao 'B' 448.05 448.54 0.4 5.82 includes 448.05 m
to 448.25 m with
14.2 g/t Au
---------------------------------------------------------------------------
07SJ-8 Diagonal 'C' 73.80 74.24 0.4 1.77 includes 73.85 m
to 73.95 m with
7.55 g/t Au
---------------------------------------------------------------------------
07SJ-8 Diagonal 'B' 117.30 117.79 0.4 1.5 includes 117.35 m
to 117.45 m with
7.54 g/t Au
---------------------------------------------------------------------------
07SJ-8 Diagonal 'B' 120.60 121.09 0.4 2.45 includes 120.67 m
to 120.78 m with
12.6 g/t Au
---------------------------------------------------------------------------
07SJ-9 Apillao no significant
intercepts
---------------------------------------------------------------------------
07SJ-10 Alpacay 142.45 142.60 NA 0.29
---------------------------------------------------------------------------
07SJ-11 Alpacay 59.05 59.90 0.7 1.12
---------------------------------------------------------------------------
07SJ-12 Diagonal 'C' 90.70 91.26 0.4 6.52 includes from
90.70 m to
91.10 m with
9.22 g/t Au
---------------------------------------------------------------------------
07SJ-12 Diagonal 'C-2' 110.05 110.80 0.53 3.84
---------------------------------------------------------------------------
07SJ-12 Diagonal 'C-3' 127.90 127.38 0.4 2.14 includes 127.9 m
to 127.97 m with
14.95 g/t Au
---------------------------------------------------------------------------
07SJ-12 Diagonal 'C-3' 131.40 130.88 0.4 4.23 includes 131.44 m
to 131.62 m with
10.85 g/t Au
---------------------------------------------------------------------------
07SJ-12 Diagonal 'B' 176.00 176.46 0.4 51.6 includes 176.03 m
to 176.36 m with
72.23 g/t Au
---------------------------------------------------------------------------
07SJ-13 Alpacay 59.80 60.23 0.4 3.61 includes 59.9 m
to 60.1 m with
8.35 g/t Au
---------------------------------------------------------------------------
07SJ-14 Alpacay 54.61 55.01 0.4 272.0 includes 722 g/t
Au and 180 g/t Ag
from 54.65 m to
54.81 m
---------------------------------------------------------------------------
07SJ-14 Apillao 156.40 156.90 0.4 5.9
---------------------------------------------------------------------------
07SJ-14 Apillao 'A' 219.70 220.25 0.4 7.1
---------------------------------------------------------------------------
07SJ-15 Mercedes' No significant
intercepts
---------------------------------------------------------------------------
07SJ-16 Diagonal D 134.7 135.1 0.4 3.25 Includes 134.7 -
134.84 m with
9.3 g/t Au
---------------------------------------------------------------------------
07SJ-17 Diagonals D-E No significant
intercepts
---------------------------------------------------------------------------
07SJ-18 Diagonal E 91.2 91.6 0.4 18.6 Includes 91.2 -
91.35 m with
49 g/t Au
---------------------------------------------------------------------------
07SJ-18 Diagonal D 114.05 114.45 0.4 3.66
---------------------------------------------------------------------------
07SJ-19 Diagonal E 49.25 49.7 0.45 2.1
---------------------------------------------------------------------------
07SJ-19 Diagonal D 65.5 65.95 0.45 1.46
---------------------------------------------------------------------------
07SJ-19 Diagonal D2 200.1 200.5 0.4 2.25
---------------------------------------------------------------------------


For all exploration samples, the Company submitted either half core or rock chip samples to ALS Chemex, Peru for sample preparation and assay. Fire assaying was carried out on 50 gm samples with atomic absorption finish. On samples assaying greater than 10 g/t gold, gravimetric methods were also used. Appropriate quality control samples and blind certified standards were used and chain of custody seals were used on all sample bags. The on-site supervision of the drilling and sampling was conducted by Mr. Larry Hillesland, Exploration Manager, South America. The results herein described have been prepared under the guidance of Mr. Ross Burns, P. Geo., LG, Vice President of Exploration, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.

Data compilation and validation of the extensive underground database of channel samples is underway. More than 50 percent of the work is complete. The San Juan Mine includes an extensive database of channel samples collected every 2 meters across the veins. There are underground workings on more than 32 veins in the district. These results are posted on plan maps and long-sections for use by the mine over the past 40 years. There are more than 300 maps and sections with usable data for modeling and resource development. In addition, these data represent a database of more than 100,000 samples. At the San Juan Mine, geological staff are working continuously converting these data to a digital format. These data will be entered in an appropriate mining software program for modeling, exploration and target development. In addition, duplicate samples have been collected for validation for a small percentage of the data. These underground samples when verified will also be used in the development of an NI 43-101 compliant resource and reserve estimate.

Completion of the NI 43-101 resource and reserve report for San Juan will likely be completed shortly after the drill program has been completed. Data entry will continue for months afterwards to support modeling and target development.

Margaret Kent, President and CEO, said: "At San Juan we have determined that the majority of the veins are high grade narrow veins. It is estimated that these veins have supported the production of over one million ounces of gold over the past 30 years. Many more ounces of gold will be recovered from these veins. To thoroughly understand the potential of this 20,000 hectare district is a major undertaking, and we now have 4 geologists working full time to expedite this project. The real excitement, however, are the other targets including Erika. We still have much more to learn about the geology of this property and I believe we have the potential for a world-class deposit."

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Quebec that historically have produced over 9.4 million ounces of gold. In Peru, Century owns an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century's growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

Margaret M. Kent, Chairman, President & C.E.O.

Caution Concerning Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.

SOURCE: Century Mining Corporation

Century Mining Corporation Brent Jones Manager of Investor Relations 1-877-284-6535 or [phone] [phone] (FAX) Email: [e-mail] Website: www.centurymining.com
Copyright (C) 2007 CCNMatthews. All rights reserved.

© 2007 Stockgroup Media Inc. | Disclaimer

[metallix]

bin seit gestern dabei
ich glaube ich habe gut investiert

Metallix

[Statistix]

Um mal seit langem was positives über CMM zu sagen. Da es sich durch die Schwierigkeiten bei Sigma wohl eher um einen high cost producer handelt (auch wenn uns "cooked books" von was anderem überzeugen sollen), hat man hier einen guten Hebel auf den Goldpreis. Wenn man an steigende Goldpreise glaubt.

[Rainolaus]

SUBJECT: Institutional buying Posted By: odzie

I just do not see it. The share price and market cap continue to languish in what I consider now dangerously oversold conditions. Other PM producers share prices have risen significantly along with there market caps and CMM is being left behind in the dust. Yes there has been a rebound from the 52 week low but at .90 cents and a 100,000,000 company value for 100,000 oz. of gold production the share price and company valuation are pathetic for a gold producer. The valuations of 100,000 oz. gold producers in the market are nowhere near this level of about a 100,000,000 market cap. One can argue about production issues but I do not believe that there is a single gold producer out there that does,nt have any production issues.
This situation I believe is being caused by the lack of Institutional investment and interest and why is that. PK has taken the path of going to Europe and overseas to try to get Institutional support which is yet to come hopefully and it seems like the Bay st. crowd is just thumbing its nose at her as she has chosen to ignore Bay st. and the Canadian brokerage community where the companies shares trade. So we have the situation where the trading is retail based with small trades making up the bulk of the activity.

It has been the most frustrating stock to own due to the fact that anytime one does a comparison to any other producer out there and even exploration companies where our shares are valued at you get the same results. Stupidly low share price and valuations based on any comparisons. One example.

USA - US silver corp.
200,000,000 plus shares outstanding
1.32 share price giving the company a 260,000,000 market cap value
3 million oz.s of silver production per year for 45 million in revenues from a rehabilitataed silver mine

And this is worth 160,000,000 more than CMM with 70 million in revenues from gold production.

The market is always right. Wrong. USA silver is being supported by Bay st. and CMM is being punished by them hence the disparity. And one can do the same for example after example and come up with the same type of disparities. Either PK gets the institutional investment community on her side to change this situation and get the shares trading in the same ballpark as our peers or I am now coming to the conclusion that she should be replaced and this friction between her and institutions is erased to give shareholders fair value for our assets. This stock is just retail driven with hardly any institutional support and the issues at Sigma/Lamaque are really not the reason for the dismal share price. It is the failure of management to get us any Instituitonal support. They say its coming. I at this point don,t see it. I just see 500, 1000, 10,000 shares being sold here and there which is really not indicative of any large support. CHIMO>

[Rainolaus]

http://www.goldseiten.de/content/diverses/artikel.php?storyi…

[Rainolaus]

Antwort auf Beitrag Nr.: 29.122.002 von Rainolaus am 03.05.07 22:13:34

SUBJECT: RE: Institutional buying Posted By: mouserman

RBC took a bit of a day off- only accumulated 157,200 net today, but over the past month this house has picked up 2.7 MILLION shares at an average price of about .90. IF that \\\'s not institutional buying , I dont know what is. But whatever , the sellers are just playing into their hands, allowing RBC to accumulate a huge position here under a buck. Regardless of the negativity here this stock will go - eventually there will be another house interested in getting some gold at below market prices, maybe when gold breaks over 700$ .
I picked up more today at .88 just before the bell. Thanks to the seller for the shares.

[Rainolaus]

http://www.godmode-trader.de/news/?ida=610855&idc=8

[Rainolaus]

Press Release Source: Century Mining Corporation

Century Mining to Purchase Operating Mine in Peru and Announces Private Placement

Monday May 7, 10:39 am ET

Management Likes Resource Expansion Prospects at Mina Rosario de Belen


BLAINE, WASHINGTON--(CCNMatthews - May 7, 2007) - Century Mining Corporation (TSX VENTURE:CMM - News) announces that it has signed an agreement to purchase Mina Rosario de Belen, an operating gold and silver mine located in northern Peru. Mina Rosario de Belen is owned by a Peruvian family, and is located near the town of Patival in the Angasmarca district of the state of La Libertad. The property is in the same mining belt that includes the Lagunas Norte Mine and the Yanacocha Mine, which are among the world's largest gold mines. The mine property is approximately 12,471 hectares, adjacent to and directly to the south of the operating Santa Rosa Gold Mine.
ADVERTISEMENT


Mina Rosario de Belen began operations in February of this year as an open-pit heap leach mine with an initial and expandable ore processing capacity of 5,000 tonnes per day. The mine and processing plant, still in the start-up phase, are currently operating at a rate of 2,000 tonnes of ore per day. The processing plant includes both a zinc precipitation circuit and a new carbon absorption circuit. Mina Rosario de Belen is equipped with leach-pad capacity for 10-million tonnes and a Merrill-Crowe zinc precipitation circuit, which currently operates at 530 gallons per minute. Power is currently generated on-site, with plans to connect to the national power grid in the second quarter of 2007.

Current start-up monthly production, on one 8-hour shift per day, 5 days per week, is 650 ounces of gold and 6,500 ounces of silver. Century management believes that the mine's production can be increased to approximately 25,000 to 30,000 gold-equivalent ounces per year. Gold equivalents are calculated using a US$600/oz gold price and US$10/oz silver price. Cash costs of production are reported to be in the US$250-$300/oz range during the current start-up phase. A feasibility study has not been completed by Century and the estimate provided by the previous owners should not be relied upon.

The deposit has a reported historical resource of 18 million tonnes of ore grading 0.9 grams of gold equivalent per tonne or approximately 500,000 ounces of gold. This resource was calculated by the previous owner in 2001, however an NI 43-101-qualified report has not been completed on the deposit and the historical resource should not be relied on.

The deposit is open along strike and is amenable to modern exploration techniques. Based on the site visit and review of the owner's drill data, trench sampling and geological maps and reports by Century's Qualified Person, Dan Brost, Manager of Resource Geology, Century's geological team plans to conduct a resource definition program to confirm the reported 18 million tonnes grading 0.9 g/t gold equivalent. The above quantity and grade estimates are Century's only, and there has been insufficient drilling to date to define a NI 43-101 compliant measured mineral resource.

The resource is associated with an intrusive sub-volcanic unit that has cut across the sedimentary rocks of the Chimu Formation. The Chimu Formation hosts the nearby Santa Rosa gold deposit, which is currently producing 140,000 gold-equivalent ounces per year, and is also host to world-class gold deposits including Lagunas Norte, which is producing 1.1 million ounces of gold per year, and Yanacocha, which is producing 2.6 million ounces of gold per year.

The resource and geological setting are characteristic for this district, in that the resource is silver-rich and most of the mineralization is hosted in the oxidized intrusive unit. The exploration model (sandstone-hosted gold-silver) of the district could be applied to the area around the Patival land concessions with reasonable prospects for further discovery. Given Rosario de Belen's favorable geologic setting and its location adjacent to Santa Rosa, along a recognized trend that includes other large mines, the area is considered to be very prospective and could potentially host another Santa Rosa-type deposit.

Century has agreed to issue one million Century shares to the sellers as consideration for the purchase. Terms of the deal include a total purchase price of US$20.5 million in cash, to be paid in installments of US$3.25 million on closing in 45 days, US$3.25 million six months after closing, and US$13 million 12 months after closing, along with 500,000 shares of Century. Century has also agreed to pay a 1.5% NSR royalty to the sellers. Century expects to close the transaction in 45 days. The transaction is subject to the finalization of all documentation and approval of the TSX Venture Exchange.

The Company also announced a non-brokered private placement of units raising up to C$12 million. Each unit is priced at $0.89 and consists of one share plus one-quarter share purchase warrant exercisable at $1.17 for a period of 24 months. After 12 months the warrants will become exercisable within 20 days if the 20-day weighted average closing share price exceeds $1.25. The shares will be subject to restrictions on resale for four months. A large portion of the placement will be taken down by a significant European mining group.

No finder's fee or brokers warrants will be paid.

Proceeds of the unit offering will be used for the acquisition of Mina Rosario de Belen, mining equipment, capital requirements at the San Juan Gold Mine and other general corporate working capital purposes.

Margaret Kent, President & CEO, said, "We are very excited to announce another quality acquisition in Peru. Rosario de Belen will not only add immediate ounces to Century's production profile, but will also provide significant exploration potential, and the Company plans to aggressively increase resources here. This acquisition is consistent with the Company's policy of finding and financing producing but undervalued gold mines on terms that can increase shareholder value."

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Quebec that historically have produced over 9.4 million ounces of gold. In Peru, Century owns an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century's growth strategy is to acquire gold-producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

Margaret M. Kent, Chairman, President & CEO

Caution Concerning Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.


Contact:
Brent Jones
Century Mining Corporation
Manager of Investor Relations
1-877-284-6535 or [phone]
[phone] (FAX)
Email: [e-mail]
Website: www.centurymining.com

[Rainolaus]

Current start-up monthly production, on one 8-hour shift per day, 5 days per week, is 650 ounces of gold and 6,500 ounces of silver. Century management believes that the mine's production can be increased to approximately 25,000 to 30,000 gold-equivalent ounces per year

es gibt Unternehmen, die NUR auf Basis und Eckdaten der neuen Akquisition bereits mit ~100Mio CAD bewertet werden...

[Rainolaus]

Antwort auf Beitrag Nr.: 29.191.233 von Rainolaus am 07.05.07 17:13:54

The Company also announced a non-brokered private placement of units raising up to C$12 million. Each unit is priced at $0.89 and consists of one share plus one-quarter share purchase warrant exercisable at $1.17 for a period of 24 months

das dürfte den Kurs nach unten jetzt gut absichern.

[MFC500]

Wega Mining and Century Mining jointly announced today that Wega Mining has made an equity investment of $12,000,000 in the Canadian listed company Century Mining Corporation. Under the terms of the transaction, Wega Mining acquired 13,483,146 units at a purchase price of $0.89 per unit. Each unit consists of one common share and one quarter of one common share purchase warrant. The share purchase warrants will entitle the holder to acquire one Century common share at a price of $1.17 per share at any time on or before May 10, 2009.

In accordance with TSX Venture Exchange regulations, the issued shares are subject to a four month hold period. Resale of the shares is restricted until September 10, 2007.

After the transaction, Wega Mining owns 19,301,646 shares in Century, representing 14.1% of the issued and outstanding Century common shares. Upon exercise of the warrants, Wega Mining would own 22,672,322 common shares, representing 14.4% on a fully diluted basis.

During a period beginning May 10, 2008 and ending at the warrants' expiry date, Century may require the warrant holder to exercise its warrants, provided the value of Century shares exceed CAD 1.25 for 20 consecutive trading days.

Wega Mining has acquired the Century securities for investment purposes. Wega Mining's investment will be reviewed on a continuing basis and its holdings may be increased or decreased in the future.

The companies have also agreed that, until May 10, 2009, Wega Mining will not increase its direct and indirect share of outstanding shares in Century above 19.9% without the approval of the Board of Directors of Century.

Lars Marius Furu, CEO of Wega Mining said: "We are pleased to make this arrangement with Century Mining. Century's current operations are making good progress and there is considerable value to unlock. We are also excited about the company's growth opportunities in Peru, for which the main proceeds from this placement will be used."

Margaret Kent, President and CEO of Century Mining, said, "We are pleased to have Wega Mining as a significant shareholder. The relationship will give Century increased exposure to the European mining community, new institutional investors and sources of capital to increase shareholder value. We also plan to visit Norway for a road show in June as part of the company's ongoing investor relations activities.

Wega Mining ASA is an Oslo-based international mining company focused on exploring, developing and operating gold, copper and zinc deposits. The company currently holds exploration licenses in Guinea, Canada, Portugal, Ecuador, Romania and Norway, and a gold-copper development project in Canada. It trades on Oslo Axess, an exchange regulated by the Oslo Stock Exchange, under the ticker WEMI. Further information can be accessed at www.wegamining.com.

http://biz.yahoo.com/ccn/070515/200705150390841001.html?.v=1

[calibra21]

http://www.stockhouse.com/news/news.asp?newsid=5516039&tick=…

Century Acquires Control of Shahuindo Project and Surrounding Property in Peru

[MFC500]

May 16, 2007

Century Mining is issuing the following press release to clarify disclosure, as a result of a request by Market Regulation Services.

Regarding the Shahuindo Project referred to in a separate press release issued earlier today, the potential resource and future production targets described in the President's comments are retracted by the Company. According to guidelines regarding the disclosure of numerical amounts, Companies may not refer to technical reports prepared and filed by other companies. At this time, investors are advised to refer to the NI 43-101 technical report filed by Sulliden Exploration Inc. on April 29, 2005, and available on SEDAR.

Century Mining also announced today that the Company has filed its Annual Information Circular, and this document is now available on SEDAR.

http://biz.yahoo.com/ccn/070516/200705160391265001.html?.v=1

[Statistix]

Oh Mann. Haben die Trottel immer noch keinen Juristen der über ihre amateurhaften Prs drübersieht?

[SharpRatio]

Antwort auf Beitrag Nr.: 29.356.099 von Statistix am 17.05.07 12:54:33

Ich bin (wieder) invesiert. Die Indikatoren sind im Kommen, ausserdem ist das Volumen heftig. Die aktuellen News wurden gut aufgenommen. Das Marktumfeld allgemein ist eher rotgefärbt. Aber dass wird sich wieder ändern.

[wallyonline]

Antwort auf Beitrag Nr.: 29.364.169 von SharpRatio am 17.05.07 21:45:11

Freut mich daß du wieder dabei bist

[Rainolaus]

Antwort auf Beitrag Nr.: 29.364.169 von SharpRatio am 17.05.07 21:45:11

Die Indikatoren sind im Kommen, ausserdem ist das Volumen heftig. Die aktuellen News wurden gut aufgenommen.

stimmt. Stochastic weekly kurz vor Kaufsignal.

MACD daily seit Freitag mit Kaufsignal:

[Rainolaus]

es werden kleine Tranchen gekauft:

[metallix]

Antwort auf Beitrag Nr.: 29.423.795 von Rainolaus am 22.05.07 19:31:29

Goldpreis schwankt mal wieder....
Century wird den Weg weiter nach oben finden...
sicher...

Metallix

[Rainolaus]

Antwort auf Beitrag Nr.: 29.425.489 von metallix am 22.05.07 21:18:48

Haupteinkäufer ist Byron heute:

Recent Trades - Last 10
Time Ex Price Change Volume Buyer Seller Markers
15:34:37 V 0.95 +0.03 3,000 63 Byron 7 TD Sec K
15:33:33 V 0.95 +0.03 8,000 63 Byron 85 Scotia K
15:33:33 V 0.95 +0.03 3,500 63 Byron 7 TD Sec K
15:33:33 V 0.95 +0.03 7,000 63 Byron 19 Desjardins K
15:33:33 V 0.95 +0.03 5,000 63 Byron 88 E-TRADE K
15:33:33 V 0.95 +0.03 500 63 Byron 7 TD Sec K
15:33:33 V 0.94 +0.02 2,000 63 Byron 9 BMO Nesbitt K
15:33:33 V 0.94 +0.02 500 63 Byron 1 Anonymous K
14:47:41 V 0.97 +0.02 300 88 E-TRADE 6 Union E
14:47:41 V 0.94 +0.02 500 88 E-TRADE 1 Anonymous K

[mike32]

Antwort auf Beitrag Nr.: 29.425.489 von metallix am 22.05.07 21:18:48

Der Glaube stirbt zuletzt !

[Rainolaus]

Antwort auf Beitrag Nr.: 29.407.807 von Rainolaus am 21.05.07 19:09:43

Kaufsignal ist durch.

[wallyonline]

[metallix]

Antwort auf Beitrag Nr.: 29.428.303 von mike32 am 23.05.07 07:17:53

....ach so ...der Glaube versetzt Berge....

Metallix
Ps.Century....läuft nach Plan...und wird bald die 0,80 € in Angriff nehmen

[MFC500]

May 29, 2007

Oslo, Norway – Wega Mining announced today that it has acquired through the facilities of the TSX Venture Exchange an additional 5.5 million common shares of Century Mining (representing approximately 4% of the outstanding common shares). After this acquisition, Wega Mining owns 24,801,646 common shares of Century Mining Corporation (representing 18.17% of the issued and outstanding common shares). Wega Mining also holds warrants entitling it to acquire an aggregate of 3,370,786 additional common shares of Century Mining Corporation at an exercise price of C$1.17 per share exerciseable at any time on or before May 10, 2009. Wega Mining and Century Mining have agreed that Wega Mining will not increase its direct and indirect share of the outstanding common shares above 19.9% without the approval of the board of directors of Century Mining Corporation.

Wega Mining has acquired the common shares for investment purposes. Wega Mining’s investment will be reviewed on a continuing basis and its holdings may be increased or decreased
in the future.

Quelle: SEDAR.com

[MFC500]

May 31

Compania Minera Algamarca S.A. (Algamarca) today refuted claims made today by Sulliden Exploration Inc. that there has been any progress in their favor in the ongoing litigation in Peru.
Algamarca denies that the Superior Court of Cajamarca dismissed legal actions taken by Algamarca regarding the status of the registration of the Shahuindo mining concessions (File No. 111-2006). In fact, the Superior Court of Cajamarca merely declared itself incompetent to hear the matter for reasons of jurisdiction and therefore remanded the matter to the Attorney General located in Lima. Algamarca has appealed this position taken by the Superior Court of Cajamarca to the Constitutional Court of Peru since the Court erroneously relied on new legislation regarding jurisdiction introduced following the initiation of the original legal proceeding. Notwithstanding such appeal by Algamarca, remanding the matter to the courts in Lima would not affect the position of Algamarca in this litigation and Algamarca remains very confident of a positive outcome in any hearing on the merits of this matter.

Algamarca similarly denies that the Supreme Court of Peru rendered any judgment regarding the procedural remedies subject of File No. 169-2006. Inversiones Sudamericanas withdrew File No. 169-2006 in favour of proceeding with File No. 008-2006 in the Superior Court of Humachuco. .

There remain more than 15 open legal proceedings relating to the Shahuindo Project. Sulliden's statement that only "one ...(legal proceeding)... remains outstanding" is simply incorrect. Other specific misrepresentations by Sulliden include the following:


Sulliden Statement: "Algamarca legal actions dismissed - Supreme court upholds Sulliden appeal."

Actual Status: The Supreme Court of Peru has neither heard nor ruled on any matter referenced in Sulliden's press release. The Supreme Court of Peru did remand File No. 3146-2006 to the Superior Court of Cajamarca for resolution and it agreed to hear File No.169-2006 but no trial date has been set.

Sulliden Statement: "The Superior Court of Cajamarca rejected Algamarca's petition (Accion de Amparao) by Resolution dated April 23, 2007 (File No. 111-2006)."

Actual Status: The Superior Court of Cajamarca merely declared itself incompetent to hear the matter, a position being appealed by Algamarca on the basis of the erroneous application of a new rule enacted subsequent to the filing of the original petition.

Copies of the relevant court documents will be posted on Century's website (www.centurymining.com) as of May 31, 2007.

As previously stated, after a thorough legal review completed by the Company and its advisors, and a review of the history of the dispute that has surrounded the title to the Shahuindo mining project, Century believes that the companies it purchased (see separate press release issued on May 16, 2007) were the rightful owners of the properties and associated surface rights and that Sulliden's case is without merit.

Margaret Kent, President & CEO of Century, commented, "Today Sulliden issued statements implying that Sulliden was successful in parts of the Shahuindo litigation. That would be a clear misrepresentation of the facts. No issues of substance were decided by any court in the matters referenced in Sulliden's press release. Furthermore, the decision of the Supreme Court to uphold the injunction on registering surface rights in Sulliden's name cannot be challenged. Substantive legal matters are still pending and we are very confident that the courts in Peru will rule in favor of Algamarca, thereby confirming Century's South American subsidiaries as the rightful owners of the Shahuindo property. While we are hopeful for a quick resolution to this dispute, future appeal processes may take several years to complete."

http://biz.yahoo.com/cnw/070531/algamarca_refuteclaim.html?.…

[a-albert]

Antwort auf Beitrag Nr.: 29.560.652 von MFC500 am 31.05.07 17:54:39

kann das mal bitte jemand der im Thema drin ist kommentieren, Art ist ja leider im Urlaub. Danke!

[kutowski]

Gerade gefunden

Century Mining Reports First Quarter Net Income of $2.0 Million and Operating Profit of $5.4 Million

http://www.ccnmatthews.com/news/releases/show.jsp?action=sho…

[wallyonline]

Antwort auf Beitrag Nr.: 29.565.067 von kutowski am 31.05.07 22:18:03

Auf den ersten Blick sehr positiv zu werten

[wallyonline]

[SpudBenzer]

canadianinsider.com:

Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Jun 04/07 May 29/07 Wega Mining ASA Direct Ownership Common Shares 10 - Acquisition in the public market 5,500,000

[SpudBenzer]

Antwort auf Beitrag Nr.: 29.656.855 von SpudBenzer am 05.06.07 22:32:32

Hier ist noch die zugehörige Pressemeldung von Wega Mining:


May 30, 2007 - ACQUIRES ADDITIONAL SHARES IN CENTURY

Wega Mining ASA announced today the acquisition of
5,500,000 shares in Century Mining Corporation
(TSX-
V: CMM, `Century`). The total number of shares in
Century held by the company is after the
transaction 24,801,646. This represents 18.17% of
issued and outstanding shares in Century.

[Commander88]

Was isr den mit Century los,wann kommen denn mal wieder news

[Art Bechstein]

Antwort auf Beitrag Nr.: 30.140.306 von Commander88 am 22.06.07 08:10:56

gestern gab es doch welche; Century die peruanische Verkäufergesellschaft (Algamarca) des umstrittenen Shahuindo Gold property in Peru sowie deren Vorstand sind von Sulliden vor einem kanadischen Gericht auf 200 Mio. US$ Schadensersatz verklagt worden. Nach kanadischem Recht stehen alle in einem Fall angeklagten Parteien gesamtschuldnerisch füreinander ein, d.h. wenn der Vorstand (Senor Sanchez bzw. Algamarca pleite wären, müßte Century für deren Schadensersatzsumme einstehen, auch wenn nur 5% dieser Summe auf CMM entfallen.

Ferner hat Sulliden bei dem selben Gericht (Ontario Superior Court) eine Klage auf Anerkennung eines Gerichtsurteils in Peru eingereicht, wonach ihnen (Sulliden) das Shahuindo Gold Property zugesprochen worden sein soll.

D.h. CMM CEO Peggy Kent setzt für dieses vergleichsweise kleine Goldproperty die gesamte Gesellschaft (CMM) aufs Spiel - das ist ein hoher Einsatz und manchen Anlegern ganz offensichtlich zu hoch, weswegen der Kurs seit Wochen hängt und von über 1$ auch gestern auf bis zu 0,79$ zurückkam.

Art

[rationalmind]

Antwort auf Beitrag Nr.: 29.575.911 von wallyonline am 01.06.07 16:15:20

Ich weiss ja nicht, was am Q1-Bericht so positiv ist.
Die Foerdermenge ist im Vergleich zum Vorquartal fast
gleich geblieben, die Cash-Kosten sind hoeher als
zuvor. [Wieviel davon ist ein rein buchhalterischer Effekt, weil die zuvor
angesetzte Stripping-Ratio nicht haltbar war, und wieviel sind tatsaechlich gestiegene Kosten, kann das noch einmal
jemand erklaeren?]

--------------------------------------------------

Realized Gold Ounces Cash Cost

Period Price (US$/oz) Gold Produced (US$/oz)

--------------------------------------------------

Q1-07 656 16,749 386

--------------------------------------------------

Q4-06 621 16,494 330(i)

--------------------------------------------------

Q3-06 581 16,952 422

--------------------------------------------------

Q2-06 588 18,012 414

--------------------------------------------------

Q1-06 510 18,943 386

--------------------------------------------------

(i)2006 fourth quarter operating costs reflect a
change in the average life-of-mine stripping ratio
resulting in additional capitalized deferred
stripping and are not an indication of the cash
cost of operations on an ongoing basis.


Ausserdem soll in Sigma/Lamaque ein Shift zu Underground-Production
stattfinden, weil die Kosten hoeher als erwartet waren. Was bedeutet das genau? Aufgabe schwieriger erreichbarer Resources zu gunsten leicht zu erreichender und kostenguenstiger abzubauender, die aber begrenzt sind?

Im uebrigen ist es sehr fraglich, ob das Target von 100K oz Production fuer 2007 noch erreicht werden kann. Wenn die Production so bleiben sollte, wie in Q1 (was natuerlich nicht anzunehmen ist), wuerde sogar weniger als 2006 produziert werden [16749 * 4 = 67000]. Aber das Nicht-Erreichen von Targets ist man ja schon gewohnt hier. Ms Kent hat das gut zusammengefasst: "We are pleased with the first quarter results... We continue to struggle to achieve targets" [zugegeben, das Zitat ist ein bisschen aus dem Zusammenhang gerissen ;-) ].

Und dann die Klage. Nehmen wir mal an, es kommen nur die 5% der Schadenssumme auf CMM zu. Das sind immerhin noch 40 Million US$. Bloody hell... Da ist mal wieder ein dickes Placement mit dicker Verwaesserung faellig; bei der derzeitigen Marktkapitalisierung muessten 50% neue Aktien ausgegeben werden. Auch soviele Zeichner zu finden, duerfte schwierig sein.

Meinungen?

[Art Bechstein]

Antwort auf Beitrag Nr.: 30.146.599 von rationalmind am 22.06.07 12:59:18

also erstmal meine ich, dass 5% von 200 Mio. US$ nicht 40 Mio US$ sind. Zum Rest später mehr...

[Peters75]

Antwort auf Beitrag Nr.: 30.140.461 von Art Bechstein am 22.06.07 08:22:54

Hallo Art.

Danke für Deine Stellungnahmen! Hoffe Du hast Dich im Urlaub gut erholen können! Machst eine Super Arbeit, wenn ich auch an die Apogee und Premier Gold Threads denke, die ich auf meiner Watchlist habe. Bin durch Deine Analysen vor 3 Monaten in CMM rein. Natürlich noch im Gewinn. Natürlich kristalisiert sich zunächst raus, dass es sich hier um einen Longinvest handelt!
Weiß nicht, ob Du Perseus Mining im Fokus hast. Bin da jetzt auch seit 2 1/2 Monaten dabei. Sehr aussichtsreich!

Beste Grüße

[rationalmind]

Antwort auf Beitrag Nr.: 30.146.675 von Art Bechstein am 22.06.07 13:03:08

oops, sorry about that...
10 Millionen USD ist natuerlich signifikant weniger kritisch. Vorausgesetzt, dass CMM nur fuer seinen 5%-Anteil aufkommen werden muss.

[MFC500]

June 25

Century today reported that Sulliden Exploration Inc. has taken steps attempting to extend to Canada the litigation over the Shahuindo property currently in the courts in Peru. In Century's opinion, this is a tactic designed to distract stakeholders from the key issues in the litigation.

Further confounding resolution of the disputes, in Century's opinion, are the repeated measures that Sulliden has taken which have also delayed the hearings on the key issues, such as objecting to the composition of the various panels of judges seized with proceedings in Peru. Sulliden's recent objection to the participation of Espinoza Cardova in the panel of the Primera Sala Civil Comercial of Lima that was to convene on June 15th to adjudicate on the matter of an annulment of the arbitral award has resulted in an indefinite postponement of that proceeding. This was the second time that this proceeding was delayed due to a procedural objection by Sulliden; and Espinoza Cardova was also the fifth judge that Sulliden has recused from the Commercial Court proceedings since the beginning of this year.

Creating more distraction, on June 5, 2007 Century Mining received notice that Sulliden Shahuindo S.A.C. implicated Alex Vidaurre, President of Century Mining Peru in the criminal proceedings it had initiated alleging, fraud, among other things, in respect of the transfer and sale of the Algamarca shares. Century has since learned that the same charges were filed in Peru against Margaret Kent, President and CEO of Century Mining Corporation.

In respect of Sulliden's attempts to extend litigation to Canada, Sulliden filed a claim in the Ontario Superior Court of Justice on June 20, 2007 against Century Mining Corporation, Century Mining Finance Corporation, Compania Minera Algamarca S.A., Compania de Exploraciones Algamarca S.A., Alta Tecnologia e Inversion Minera Metalurgico S.A., Wega Mining A.S.A., Margaret Kent, Orlando Sanchez Paredes and Orlando Sanchez Miranda alleging damages in the amount of US$200 million for breach of contract, libel and conspiracy, together with punitive damages in the amount of US$10 million and an injunction.

In the alternative, in the event that it is determined that Sulliden is not the owner of the Shahuindo property, the plaintiffs claim US$200 million in restitution based on their alleged enhancement of the value of the Shahuindo project since July 2002.

The claim relates to the validity and enforceability of an agreement in Peru between Peruvian parties to purchase the Shahuindo property in Peru and work performed in Peru, all of which is and has been the subject matter of Peruvian legal proceedings involving various other parties. These proceedings attempt to extend the original dispute to other persons in other jurisdictions and to Ontario. Century Mining Corporation, Century Mining Finance and Margaret Kent intend to oppose this attempted extension to Ontario and to them and to defend vigorously any and all claims against them as and where appropriate.

Margaret Kent, President and CEO commented, "We believe that this is yet another in a series of attempts by Sulliden to add to the complexity and expense of the existing litigation. The additional claims made by Sulliden will exacerbate the backlog of pending cases in Peru, rather than result in a mine being built at Shahuindo. We maintain our position that Sulliden's case is without merit, and Century will continue to pursue a just and expeditious resolution of the dispute. Century seeks to make development possible at Shahuindo and we believe that it would be more productive and in the greater interest of all the stakeholders in Shahuindo to focus on structuring a deal or finalizing the adjudication process rather than delaying or increasing the litigation."

http://biz.yahoo.com/cnw/070625/century_sulliden_shah.html?.…

[SharpRatio]

Antwort auf Beitrag Nr.: 30.140.461 von Art Bechstein am 22.06.07 08:22:54

Die Frage ist halt, nutzt man die aktuelle Kursschwäche zum Nachkaufen, oder wird der Markt nachhaltig durch solche Meldungen verunsichert? Schwer zu sagen. Irgendwie juckst mich in den Fingern, ein paar Stücke nachzukaufen.

[Art Bechstein]

Antwort auf Beitrag Nr.: 30.318.319 von SharpRatio am 26.06.07 08:45:14

kannst meine haben; ich schaue mir den Amok-Lauf dieser Geisteskranken nicht mehr länger an. Sie setzt wegen eines Low-Grade Properties in Peru die ganze Gesellschaft aufs Spiel - welcher Insti soll da denn jemals Aktien kaufen. Dazu wurden wir 2 Jahre lang zu Sigma belogen - anders kann man das nicht bezeichnen und ebenfalls wurden wir systematisch zu San Juan belogen. Erst sollte Golden Champune ein Property mit 15 MIo. Oz historischen Goldresourcen sein und dann fand man nix, dann sollte die Mine in 2007 schon 80,000 oz produzieren, jetzt ist man so auf 8000 Oz Kurs, dann platzt der Poderosa Deal und nun dies Schlamassel mit Shuahindo. Der einzige Lichtblick ist Lamaque, aber es grenzte ja schon fast an ein Wunder, wenn auch da nicht noch was schreckliches passieren würde.

Wer also gute Alternativen eines produktionsnahen (Minenbau begonnen) Explorers oder Junior-Produzenten mit guten Resourcen hat - immer her damit.

Ein BM Austausch mit einem WO-User (Paumax), wo wir uns über Erfolgsfaktoren von Explorern/Junior Produzenten unterhielten, hat mir da die Augen geöffnet. Was nützen einem die aussichtsreichsten Properties, wenn man solch ein vorbelastetes und chaotisches Management-Team hat, das sich auch hartnäckig weigert mit den Kleinaktionären zu kommunizieren?

Art

[Commander88]

Kannst meine auch haben.Hier

Bin in Macmin invistiert.
Kurs ist noch schön tief .
Machen gerade ne Roadshow.
Und am 30.06.07 gits Quartalzahlen
Hoffe das dann da die Post ab geht.
Alles unter 0,20 sind Kaufkurse.

mfg dom

[Peters75]

!

Dieser Beitrag wurde moderiert. Grund: auf eigenen Wunsch des Users

[Peters75]

!

Dieser Beitrag wurde moderiert. Grund: Korrespondierendes Posting wurde entfernt

[JoJo49]

Antwort auf Beitrag Nr.: 30.319.418 von Commander88 am 26.06.07 09:50:05

Century kannst vergessen bzw. auf watch setzen und abwarten ob sich in Bezug auf die Ressourcen und dem Management was in pos. Richtung tut...

MACMIN find ich gut...

Gruß JoJo

[metallix]

MacMin nachkaufen....
Century auch......oder halten...



Nerven behalten....

Caspi und Sundance....sind auch ein Nachkauf wert...

METALLIX

[Commander88]

Wieso gehn die heute wieder ab ?

[metallix]

ich habs gesagt...oder???
...(Golpreis:cool

Hast Du nicht gekauft? ....schade

Metallix

[metallix]

Überverkauft...viele haben keine Nerven zum Halten.

Metallix

[SpudBenzer]

Hallllooo....
ist hier noch jemand??

[Art Bechstein]

Antwort auf Beitrag Nr.: 30.945.056 von SpudBenzer am 31.07.07 07:48:21

frag im November mal wieder...

[SpudBenzer]

Antwort auf Beitrag Nr.: 30.945.426 von Art Bechstein am 31.07.07 08:37:28

Dieser Rechtsstreit in Peru könnte sich wohl noch mehrere Monate hinziehen. Das scheint den Handel irgendwie zu lähmen. In den letzten Tagen war der Kurs ja wie festgenagelt bei 0.78C$.
Als ich hier eingestiegen bin, habe ich den grossen Einstieg von Wega Mining als sehr positives Signal gewertet. Die sollten ja eigentlich besser informiert sein als ich. So kann man sich wohl irren. Meinst Du wirklich, vor November geht hier gar nichts mehr?

Wollte mal wissen, wie die Frau Kent so aussieht. Habe da folgendes Interview gefunden:
http://www.businessedge.ca/article.cfm/newsID/13340.cfm

[Art Bechstein]

Antwort auf Beitrag Nr.: 30.945.657 von SpudBenzer am 31.07.07 08:57:33

Spud,

nachdem die Übernahme des Shuahindo-Properties in Peru gemeldet wurde, war mir gleich klar, dass das wieder alle anderen Errungenschaften von Century (Beginn Lamaque, Planung einer Sigma Untertagemine und neue unbelastete Peru-Akquisition) in den Hintergrund treten werden und der Kurs sich an dieser Shuahindo-Geschichte orientiert. Wega plant m.E. eine Übernahme - das dürfte jedem klar sein und insofern sind denen die aktuellen Aktienpreise ziemlich egal bzw. sogar vorteilhaft. Ich bleibe bei Century aber dabei, weil das Potential einfach zu verlockend ist, schaue mir aber parallel gerade mal die australischen Junior-Produzenten an, um mich mal wieder ein wenig in dem Sektor einzunorden.

Art

[SpudBenzer]

Antwort auf Beitrag Nr.: 30.946.115 von Art Bechstein am 31.07.07 09:30:30

Ich bleibe auch erstmal noch weiter dabei. Bin leider erst bei 0,93$ eingestiegen und daher ein wenig im Minus. Aber ich habe Geduld... Solange die Firma Gewinne einfährt und die Produktion weiter ausbaut ist alles o.k.

[SpudBenzer]

Seit gestern gibts einen neuen CFO.

http://www.centurymining.com/news/pdf/822007-1.pdf

Na dann...

[SpudBenzer]

Peruvian court rules in Algamarca's favor

Margaret Kent, President & CEO of Century, commented, "This victory is a
major milestone for Century. It confirms the strength of our legal position in
Peru. It also ushers Century forward in its pursuit of developing the
Shahuindo Project and of becoming an intermediate-tier gold producer. Century
remains committed to resolving the Shahuindo dispute as rapidly as possible in
order to begin development of the project.


http://www.cnxmarketlink.com/en/releases/archive/August2007/…

[Rainolaus]

Century's Peruvian mines not affected earthquake

2007-08-17 15:07 ET - News Release

Ms. Margaret Kent reports

CENTURY MINING COMMENTS ON PERUVIAN EARTHQUAKE

Century Mining Corp.'s San Juan and Rosario De mines in Peru were not affected by yesterday's earthquake, and there has been no interruption to mining operations. The company also reported that its Lima office was also unaffected and all personnel have been accounted for. The company extends its sympathies to the people of Peru that were affected by yesterday's tragic earthquake and is will contribute to humanitarian aid efforts in Peru.

Margaret Kent, president and chief executive officer of Century, commented: "Fortunately, our mining operations at San Juan and Rosario De Belen were not affected, and we are operating under normal conditions. Our thoughts and prayers are with the people of Peru after yesterday's tragic earthquake. Similar to recent contributions by Century, whereby the company paid to ship a container of donated warm clothing from Seattle to Peru for children in areas affected by recent severe cold weather, we are once again working closely with our Lima Office to determine how Century can assist and help provide relief for victims of this tragic event."

[Rainolaus]

am 30.08. bringt CMM Zahlen. Wie sieht es dsbzgl. derzeit aus bei CMM?
Der Kurs ist jetzt doch etwas sehr weit runter gekommen finde ich bzw. auf Kaufniveau. Meinungen zu den avisierten 360-400 Tonnen zum Jahresende? Sollte das erreicht werden würde CMM sicherlich auf einem wesentlich höherem Kursniveau stehen.



Century Mining continues work at Sigma-Lamaque

2007-08-16 14:03 ET - News Release

Ms. Margaret Kent reports

CENTURY MINING ANNOUNCES OPERATIONS UPDATE AT SIGMA-LAMAQUE

Century Mining Corp. is providing an update on continuing mining operations and other initiatives aimed at achieving further growth.

Canada

Sigma-Lamaque

Century's operations, exploration and future growth in Canada are centred around the Sigma-Lamaque complex, which operated from underground for most of the last century, producing a total of approximately 9.4 million ounces of gold to date. These underground mines were closed as a result of the low price of gold in the 1990s. At the time of the mine closures, significant gold resources were defined and remained unmined. Century began operations at the Sigma open pit (May, 2005) and the Lamaque underground (April, 2007).

Lamaque underground mine

As part of Century's overall strategy to enhance investor confidence and increase profitability, the company announced plans in Stockwatch in May, 2007, to phase out open-pit mining and shift the focus of the Sigma-Lamaque complex to underground operations, which were commenced in April, 2007. Since reopening of the Lamaque underground mine, Century has succeeded in expanding production from approximately 50 tonnes of ore per day to an average of approximately 100 tonnes per day during the month of July, 2007, at an average head grade of 8.4 grams of gold per tonne of ore. This represents a gradual increase from an average of 62 and 91 tonnes of ore per day in the months of May and June, respectively. During July, the company mined a total of approximately 68,000 tonnes of ore from the Sigma open pit at an average head grade of 1.61 grams of gold per tonne.

Century will continue to increase production from the Lamaque underground mine, whereby the company is currently targeting a run rate of between 360 to 400 tonnes of ore per day by the end of 2007. This will be achieved by the addition of more underground miners and additional equipment that has been purchased.

In order to expand production capabilities, it is necessary for the company to increase the number of underground miners. In this regard, Century has initiated a comprehensive recruiting campaign focused on Eastern Canada (Ontario, Quebec and the Maritimes) and has hired a new underground mine trainer for the increased work force. In addition, a program to bring foreign miners to Sigma-Lamaque has also been initiated. Century plans to hire approximately 80 additional miners, engineers and supervisors for its underground operations.

Regarding water pumping from the Sigma and Lamaque underground mines, Century is currently confirming underground water quality and finalizing the method of discharge outside the Sigma-Lamaque mines. Underground water volumes are being estimated to establish pumping system design and capacity. Once this initial work is complete, the design will be completed and application will be made for a certificate of authorization to begin pumping in late 2007.

Concurrently, Century has submitted two additional permit applications for mining operations at the Sigma-Lamaque complex. The first is for a certificate of authorization to commence mining the Bedard dike. The other application submitted is for a certificate of authorization to increase tonnage from the Lamaque underground mine to over 500 tonnes per day. These applications were submitted to the government in July and the company expects the certificates to be issued in October, 2007.

In other developments, Century is continuing the advancement of the haulage drift from the Lamaque underground to the Sigma open pit and intends to complete the drift by the end of August. This will allow the company to transport underground ore to the Sigma mill in a more efficient manner by using larger open-pit equipment. This will alleviate the current scheduling issues with Citie de L'Or Museum in Val d'Or.

At the head office in Blaine, Wash., Century added a new six-technician digital scanning and 3-D modelling department to organize the large volumes of historical information from the Sigma and Lamaque mines. The existing Sigma mine model will be extended south across the company's adjacent claim boundaries to include the Lamaque mine. The first priority is to add minable ore reserves in the area of the Lamaque No. 2 decline. This priority area is 1,600 feet by 1,600 feet by a depth of 1,200 feet from surface, and contains ore in the boundary pillars between the Sigma and Lamaque mines. Century has begun a 10,000-foot infill drilling program in this area to add ore reserves. Ultimately, the new Sigma-Lamaque working model will be a complete digitization of historic and new data to facilitate solid resource management for the overall operation and to provide new targets for exploration.

Sigma underground mine

Regarding the start-up of the Sigma underground mine, Century plans to begin mining ore through Lamaque underground openings into the Sigma mine during 2007, ahead of the previous forecast for start-up timing of early 2008.

Peru

The company will provide an update on Peruvian operations in a separate press release at a later date.

Second quarter financial results

Century will disclose financial results for the second quarter of 2007, on Aug. 30, 2007, followed by a management conference call on Tuesday, Sept. 4, 2007.

Margaret Kent, president and chief executive officer, commented: "Given the current state of the mining industry, where skilled underground miners are in short supply, our progress thus far at the LU has been slower than expected. The problem has been in maintaining sufficient staffing levels and all the mining companies in Eastern Canada are having the same issues. However, we have ounces ready to extract and our new recruiting campaign, which has been successful to date, is specifically designed to solve this problem. We are increasing under based on a 400- to 500-tonne-per-day operation. Century will continue to evaluate and optimize operations at the Sigma-Lamaque complex as we effect our transition from open-pit mining to a focus on underground operations. Despite the slower-than-expected ramp-up in production, head grades are good and we are working actively on moving the historic resources into reserves. We fully expect the shift in focus to underground operations to improve investor confidence in the Sigma-Lamaque complex and allow Century to be a long-term producer in this mining camp."

We seek Safe Harbor.

[Rainolaus]

http://www.americanbulls.com/StockPage.asp?CompanyTicker=CMM…

[Rainolaus]

ist hier überhaupt noch jemand investiert?

[neptuno123]

Antwort auf Beitrag Nr.: 31.231.897 von Rainolaus am 20.08.07 19:46:11

Nein, wir sind alle bei ARU und verdienen uns eine goldene Nase.

[Rainolaus]

Antwort auf Beitrag Nr.: 31.231.926 von neptuno123 am 20.08.07 19:49:20

das freut mich sehr für Euch. Ich habe auch schon reichlich mit ARU verdient.

Hat hier ansonsten niemand mehr eine Meinung zu CMM? Abgeschrieben den Laden?

[metallix]

century ....kommt wieder....sicher....
ich halte meine shares und verbillige auf diesem Niveau....

last den Goldpreis erst mal wieder anziehen....
und die Zahlen stehen auch noch an


Metallix

[metallix]

Antwort auf Beitrag Nr.: 31.232.627 von metallix am 20.08.07 20:47:48

es fehlt ein s

[kutowski]

Antwort auf Beitrag Nr.: 31.232.138 von Rainolaus am 20.08.07 20:05:59

wenn´s Dich beruhigt, meines Wissens ist Art auch noch investiert

Kutowski

[Rainolaus]

Antwort auf Beitrag Nr.: 31.232.627 von metallix am 20.08.07 20:47:48

last den Goldpreis erst mal wieder anziehen....


da sehe ich auch das eigentlich Potenzial in Verbindung damit, dass sie hoffentlich die run rate zum Jahresende hochfahren können.
Die Zahlen werden allerdings wohl nicht so toll werden und die Kosten laufen bei CMM auch weiter bei geringerer Produktion als zu Jahresbeginn noch erwartet. Dennoch sehe ich hier längst nicht Hopfen und Malz verloren und 0,53CAD irgendwie als eine Übertreibung nach unten.

@kutowski
Art ist leider sauer auf mich, weil ich im ARU Thread evtl ein klitzekleines bisschen Scheisse war. Tut mir irgendwie leid. Meine ich ernst.

[Rainolaus]

wenn ich mir die Ratio in Verbindung mit der heutigen News (s.o.)und die letzte Kerze im Chart anschaue siehst es wohl so aus als seien viele der Meinung, dass CMM jetzt genug Federn gelassen hat:

BID Orders Volume Price Range
17 217,500 0.500-0.540
ASK Price Range Volume Orders
0.550-0.600 97,000 10




Century asks for injunction against Sulliden

2007-08-21 10:25 ET - News Release

Also News Release (C-SUE) Sulliden Exploration Inc

Ms. Margaret Kent of Century reports

CENTURY MINING RECEIVES FULL TEXT OF THE REASONS OF THE SUPERIOR COURT OF LIMA NULLIFYING THE SULLIDEN ARBITRAL AWARD

Century Mining Corp. has received the full text of the favourable decision from the superior court of Lima on Aug. 14, 2007, nullifying the 2006 arbitral award (for more details, see the news reported in Stockwatch Aug. 15, 2007). Copies of the original court documents and selected excerpts translated into English have been posted on Century Mining's website. A full certified English translation will be available from Wednesday, Aug. 22, 2007.

As previously announced, the superior court of Lima ruled in Algamarca's favour nullifying the 2006 arbitral award and declaring invalid the arbitral agreement between Sulliden's Peruvian subsidiary and the Algamarca companies because of the insufficiency of Miguel de Orbegoso Tudela's representative powers to enter into that agreement. Algamarca has already petitioned the Peruvian court to enforce the 2004 injunction against Sulliden from entering the Shahuindo property as a result of its Aug. 14 decision.

Margaret Kent, president and chief executive officer of Century, commented: "We are delighted with the latest legal developments in Peru which support our claim that Century Mining's subsidiaries are the rightful owner of the Shahuindo property. We are also aware that Sulliden has recently mobilized exploration equipment to the Shahuindo property. We believe that this action by Sulliden management is irresponsible given the recent court decision nullifying the juridical basis for Sulliden's presence on the property. It appears likely that any investment by Sulliden in Shahuindo only enhances the value of the property for Century shareholders."

We seek Safe Harbor.

[metallix]

so ist es....

Gruss,
Metallix

[Rainolaus]

sieht aus wie eine abgeschlossene Bodenbildung mit W-Formation. Der MACD dreht auch schon Richtung Signallinie und hoffentlich bald Kaufsignal:

[ivanbaerlin]

Antwort auf Beitrag Nr.: 31.233.050 von Rainolaus am 20.08.07 21:24:41

Art ist leider sauer auf mich, weil ich im ARU Thread evtl ein klitzekleines bisschen Scheisse war.
Tut mir irgendwie leid. Meine ich ernst
............................................................

das scheint wohl dein allgemeiner stil zu sein?

denn du "glänzt" auch in anderen threads.....mit arroganz und dummer anmache....

..

[Wiewel2005]

Der Report stimmt doch vorne und hinten nicht.....
Wer kann mir folgendes erklären:

warum verfälscht CMM einfach plötzlich die Headgrades aus dem letzten Quartal nach unten? Mit 1,43 stimmt die 14515 Unzen Produktion auf jeden Fall rechnerisch nicht mehr. Mit Headgrades von 1,43 wären es nicht 14,515 sondern 13551. Sieht ja auch viel schöner aus wenn die headgrades von 1,43 auf 1,47 gehen als 1,51 auf 1,47. Wenn doch jetzt Lamaquegestein beigemischt wurde, dann müssten die Headgrades doch auch eh viel besser laufen als nur 1,47 im letzten Quartal. Es seiden Sigma Headgrades sind weiter so krass eingebrochen sodass Lamaque nur geringfügig auf 1,47g/t retten konnte.

Und beim Quartal 2 stimmt auch was nicht....
360,230*1,47*93,4%/31,11= 15,898 Unzen –17,132 = -1,234 Unzen fehlen
Mit diesen Angaben wäre CMM nur auf 15898 Unzen gekommen also fehlen 1,234.

[sunbeamer]

Century Mining reports second quarter net income of $1.6 million and operating profit of $4.8 million
15:26 EDT Thursday, August 30, 2007

- Company records fourth consecutive quarterly net income -

Blaine, WA, Aug. 30 /CNW/ - Century Mining Corporation (CMM: TSX-V) is pleased to announce its financial and operating results for the second quarter endedJune 30, 2007.

(This news release contains forward looking information that is subject

to risk factors and assumptions as set out in our Cautionary Statement on

Forward-Looking information located at the end of this news release).

Conference call

Management will host a conference call on Tuesday, September 4 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time) to discuss 2007 second quarter results and future developments at its operations in Québec and Peru. Mining analysts, investors and the media are invited to phone [phone], or 1-773-756-0828 if outside Canada and the U.S.A., followed by the pass code 4580854 approximately 5 minutes before the start of management's presentation. The presentation will be followed by a question and answer period. A replay of the conference call can be heard throughTuesday, September 11 by dialing 1-888-566-0613, or from outside North America 1-203-369-3075.

<<
Second Quarter Highlights

- Net income totaled $1.6 million or $0.01 per share (diluted), compared
to a net loss of $1.2 million in the second quarter of 2006.
- Operating profit from mining operations was $4.8 million.
- Total gold production was 20,014 ounces.
- The Company sold a total of 20,740 ounces of gold in the second
quarter, at an average selling price of US$658.
- Combined cash costs for the second quarter were US$384 per ounce.
- Revenue increased to $14.7 million, up 23.4% from last year's second
quarter.
>>

Summary of second quarter operating results

Revenue in the second quarter ended June 30, 2007, was $14.7 million, up 23.4% from $11.9 million in the same period a year ago. Increased revenue was mainly due to favorable trends in the price of gold, which the company believes will continue for the foreseeable future. The Company intends to leverage favorable trends in metals prices to continually enhance profitability.

<<
The table below summarizes operating results and financial position in the
last five quarters.

-------------------------------------------------------------------------
Canadian
dollars Q2-2007 Q1-2007 Q4-2006 Q3-2006 Q2-2006
-------------------------------------------------------------------------
Results
-------------------------------------------------------------------------
Mine
revenues 14,656,374 13,124,871 11,059,159 11,045,950 11,878,882
-------------------------------------------------------------------------
Operating
profit from
mining
operations 4,770,312 5,379,146 5,080,956 3,671,599 2,911,936
-------------------------------------------------------------------------
Net income
(loss) 1,625,641 1,979,815 2,554,626 1,107,485 (1,198,135)
-------------------------------------------------------------------------
Net income
(loss) per
share 0.01 0.02 0.02 0.01 (0.01)
-------------------------------------------------------------------------
Financial
position
-------------------------------------------------------------------------
Cash and cash
equivalents 8,231,775 276,111 802,132 3,436,073 8,481,360
-------------------------------------------------------------------------
Total
assets 120,026,675 103,119,278 98,783,040 94,407,128 88,166,375
-------------------------------------------------------------------------
Long-term
debt 12,059,576 12,081,246 11,921,972 11,921,972 11,921,972
-------------------------------------------------------------------------
Shareholders'
equity 79,319,206 64,549,544 60,129,560 56,937,514 55,747,845
-------------------------------------------------------------------------
Shares
issued and
outstanding 137,825,915 123,147,019 117,859,689 115,762,884 115,574,009
-------------------------------------------------------------------------
>>

In the second quarter, the Company recorded an operating profit from mining operations of $4.8 million, an increase from last year's second quarter total of $2.9 million. The Company also achieved a net profit of $1.6 million, or $0.01 per share for the period, the fourth consecutive quarter of net earnings. This compares to a net loss of $1.2 million, or $0.01 per share, in the comparable period a year ago.

The following table presents production results for the last five quarters.

<<
-----------------------------------------------
Realized Ounces
Gold Price Gold Cash Cost
Period (US$/oz) Produced (US$/oz)
-----------------------------------------------
Q2-07 658 20,014 384
-----------------------------------------------
Q1-07 656 16,749 386
-----------------------------------------------
Q4-06 621 16,494 330*
-----------------------------------------------
Q3-06 581 16,952 422
-----------------------------------------------
Q2-06 588 18,012 414
-----------------------------------------------

* 2006 fourth quarter operating costs reflect a change
in the average life-of-mine stripping ratio
resulting in additional capitalized deferred
stripping and are not an indication of the cash cost
of operations on an ongoing basis.


The following table presents 2007 second quarter results by operation.

--------------------------------------------------
Sigma Mine San Juan Mine
--------------------------------------------------
Tonnes ore milled 360,230 19,030
--------------------------------------------------
Head grade (g/t) 1.47 5.56
--------------------------------------------------
Recovery (%) 93.4 87.7
--------------------------------------------------
Recovered gold (oz.) 17,132 2,882
--------------------------------------------------
Cash costs (US$/oz.) 454 305
--------------------------------------------------
>>

Century produced a total of 20,014 ounces during the period at a cash cost of US$384 per ounce. The Company sold 20,740 ounces of gold in the second quarter at an average selling price of$658 per ounce.

Cash costs at the Sigma Mine, as expressed in U.S. Dollars, increased in part due to the recent strengthening of the Canadian Dollar against the U.S. Dollar.

In June of 2007 the Company completed the acquisition of Mina Rosario de Belen, which began operations in February 2007 as an open pit - heap leach mine. During the second quarter, the Company took over operations at the mine, which has not yet reached commercial production.

In the second quarter of 2007 corporate administration expenses of $508,825 (2006 - $1,137,757) reflected the higher level of head office costs charged to Tamerlane Ventures, Inc., a company with common officers and directors, as the Company and Tamerlane reached an agreement to evenly share corporate administration costs in the future. This change was partially offset by greater activity associated with operating the Sigma Mine and theSan Juan Mine, including salaries and benefits at higher staffing levels, as well as increased travel and accommodation expenses.

In the second quarter of 2007, before net changes to non-cash working capital balances, cash flows provided by operating activities were$2,115,217 (2006 - $79,659 ). After the net change to non-cash working capital balances, cash flows provided by operating activities in the second quarter of 2007 were$429,503 (2006 - cash flows used of $9,745,540).

Revised Production Forecast for 2007

The Company announced today that it has revised its 2007 full-year production forecast. Century now expects to 2007 total production to be 80,000 - 90,000 ounces of gold, compared to the previous forecast of 100,000 gold ounces.

This forecast has been reduced from prior estimates because of the Company's challenges in hiring sufficient numbers of miners for the Lamaque underground operation and the Company's difficulty in predicting ounces and grade for future production from the Sigma open pit geologic model. Problems with the geologic model have been recurring since the opening of the Sigma open pit operation, and it is the Company's opinion, after extensive work with outside consultants, that these problems will continue.

In light of increasing costs and falling production levels of the Sigma open pit operation, the Company is reviewing its strategic direction for the mine. This review is expected to be completed during the third quarter of 2007, and may result in material changes to the mine's operating plans, including an acceleration of the transition to underground mining.

The Company expects, as it transitions to complete reopening of the Sigma and Lamaque underground mines, that it will be able to more accurately predict production on an annual basis. Century's work to date with the reopening of the Lamaque underground mine and planning for the reopening of the Sigma underground mine have produced better-than-expected results with respect to ore grade, ore predictability and ground conditions. As it finalizes plans to ramp up the Sigma and Lamaque Underground Mines, the Company believes that combined production of approximately 100,000 ounces of gold per year will be reached when full production capacity is achieved.

Peruvian Operations

With the startup of commercial production at the San Juan Mine in 2007, this operation now provides positive cash flow, which is used as capital for further expansion. Also in Peru, a mining contractor has been hired to transition the Rosario de Belen Mine from the startup phase to commercial production. The Company has completed drilling atSan Juan , having drilled approximately 11,000 meters, and is now in the review/data compilation phase. Century will continue the exploration program atSan Juan on the surrounding deposits and plans to provide an update in a subsequent disclosure.

The Company has also commenced drilling at the recently acquired Huancacancha property in Peru. By continuing to add to the Company's land position in Peru, and increasing production at current operations, Century is positioning itself to fully benefit from favorable metals prices and become a formidable mining company inSouth America.

Shahuindo Project

The Company has purchased the companies that own and control the Shahuindo property with the intent of exploiting this gold asset as quickly as possible. It is well known that there has been litigation surrounding this property since 2003, and the Company is committed to the vigorous pursuit of the Shahuindo litigation. The recent favorable ruling of the Peruvian court (seeAugust 15, 2007 press release), while not a final determination of the litigation, represents a major step forward for the Company toward achievement of its goal of development of mining operations at this prime resource property.

Major Subsequent Events

In August, 2007 the Company acquired an option to purchase the Huancacancha gold property in Peru. The Huancacancha prospect is an advanced stage exploration property comprising 1,900 hectares in the Department of Ancash in north-centralPeru , 45 km south of Huaraz City and 55 km south of Barrick's Pierina mine. The purchase price is US$24,500,000 and is being financed by the sellers over a 5 year period. An initial installment of$215,000 was paid by the Company at the closing. The remaining $24,285,000 will be paid in yearly amounts of $2,285,000, $3 million, $4 million, $5 million and $10 million , each amount payable in 12 monthly installments. At any time the Company may terminate the agreement and return the concessions to the vendor without penalty to the Company and without any subsequent payment obligations to the vendor.

Margaret Kent, President & CEO commenting on Century's second quarter results and future prospects said: "In the second quarter, we were not able to ramp up production at the Lamaque Underground Mine as quickly as we originally planned. This is mainly due to the severe shortage of underground mining personnel. Despite such challenges, we are encouraged by the results to date of our aggressive recruiting campaign, centered in EasternCanada . We will continue to increase staff levels in order to reach our stated target of 400-500 tonnes of ore per day from the Lamaque Underground Mine by year end. Furthermore, we are currently finalizing plans to phase out open pit operations ahead of schedule, and focus the Company's resources on underground mining operations, where we expect to produce 100,000 ounces of gold per year from the two underground operations when they reach full production capacity. Regarding the lowered production forecast for 2007, we now expect to produce between 80,000 and 90,000 ounces of gold. We have used a relatively wide range in our forecast because actual production totals will depend largely on how quickly underground personnel levels can be increased, and because of the unpredictable nature of grades at the Sigma Open Pit. Although we are disappointed in the total production outlook, we maintain our firm belief in policies that place top priority on cash flow, operating profit and net income. With all of the aforementioned initiatives and favorable metals prices, we are very excited about Century's growth prospects in 2007 and beyond."

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties inPeru . The Company owns and produces gold at the Sigma and Lamaque mines in Québec that historically have produced over 9.4 million ounces of gold. InPeru, Century wholly-owned subsidiaries own an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century subsidiaries have also recently acquired Rosario de Belen and Huancacancha where it accounts for 100% of both gold and silver production. Century's growth strategy is to acquire gold producing assets inSouth America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

"Margaret M. Kent"

Chairman, President & CEO

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of the contents of this press

release.

Caution Concerning Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available atwww.sedar.com.

For further information: Brent Jones, Manager of Investor Relations, E-mail: [e-mail], Phone: [phone] or [phone], Fax: [phone], Website: www.centurymining.com

[Rainolaus]

ask Seite dehnt sich mit wenigen Stücken bis 0,76:

BID Orders Volume Price Range
15 99,000 0.530-0.570
ASK Price Range Volume Orders
0.590-0.760 68,000 6

[Rainolaus]

schöne abgeschlossene Bodenbildung. Nächster Widerstand bei ~0,65 was gleichzeitig den oberen Abwärtstrendkanal seit Mitte April beschreibt. Sollte dieser überwunden werden, was mit Hilfe des Goldpreises in Kürze möglich ist, wäre das als Ausbruch zu werten.

[Rainolaus]

[Rainolaus]

schon bekant? Präsentation September 07:

http://www.centurymining.com/investors/pdf/CorpPres%200907.p…

[SharpRatio]

Antwort auf Beitrag Nr.: 31.350.347 von sunbeamer am 30.08.07 23:52:03

Jetzt kommt die Goldsaison. Ich überleg den Einstieg bei CMM.

[Rainolaus]

Antwort auf Beitrag Nr.: 31.439.163 von SharpRatio am 07.09.07 13:48:31

Richtig spannend wird es charttechnisch, wenn CMM die 0,65 auf SK Basis heute hinter sich lässt.

[SharpRatio]

CENTURY MINING CORP
Century Mining Reports Amended Second Quarter Cash Flow
9/7/2007
BLAINE, WASHINGTON, Sep 7, 2007 (CCNMatthews via COMTEX News Network) --

Century Mining Corporation (TSX VENTURE:CMM) announces the filing of its amended Financial Statements and Management's Discussion & Analysis for the second quarter ended June 30, 2007.

The amendment was necessitated because of a clerical error in the cash flow statements with respect to foreign exchange losses. The amendment affects only the reported cash flow statements. The consolidated balance sheet and consolidated statement of operations and deficit are unchanged from the original filing. As a result of the corrections, cash flows from operating activities after net changes to working capital account balances are $2,279,682 for the second quarter of 2007 and $6,190,643 for the first half of 2007, versus $429,503 and $3,321,254, respectively, as originally reported. Cash flows used in investing activities are $9,304,727 for the second quarter and $15,243,998 for the first half, versus $7,454,548 and $12,379,789, respectively, as originally reported. The net increases in cash and cash equivalent of $7,955,664 for the quarter and $7,429,643 for the half are unchanged from the original report.

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Quebec that historically have produced over 9.4 million ounces of gold. In Peru, Century wholly-owned subsidiaries own an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century subsidiaries have also recently acquired Rosario de Belen where it accounts for 100% of both gold and silver production. Century's growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

Margaret M. Kent, Chairman, President & CEO

[SharpRatio]

working capital account balances are $2,279,682 for the second quarter of 2007 and $6,190,643 for the first half of 2007, versus $429,503 and $3,321,254, respectively, as originally reported. Cash flows used in investing activities are $9,304,727 for the second quarter and $15,243,998 for the first half, versus $7,454,548 and $12,379,789, respectively, as originally reported.

[Rainolaus]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[paperboy1]

Antwort auf Beitrag Nr.: 31.533.891 von Rainolaus am 11.09.07 18:44:41

Vergiß es Rainolaus. Unsere liebe Peggy wird wg. ein paar Unzen Century Mining an die Wand fahren. Falls du es nicht gemerkt hast. Hier sind schon alle raus.

[Rainolaus]

Antwort auf Beitrag Nr.: 31.534.334 von paperboy1 am 11.09.07 18:58:47

wir sprechen uns wenn Gold die 732USD hinter sich gelassen hat.

[Rainolaus]

Antwort auf Beitrag Nr.: 31.439.163 von SharpRatio am 07.09.07 13:48:31

bist Du eingestiegen?

Seid ihr alle ausgestiegen? Bin ich der Einzige der noch investiert ist? Fände ich gut. Besser als wenn die Threads rappelvoll mit schon Investierten sind.

[SpudBenzer]

Antwort auf Beitrag Nr.: 31.537.832 von Rainolaus am 11.09.07 20:53:20

Ich bin noch dabei...

[Rainolaus]

Antwort auf Beitrag Nr.: 31.538.245 von SpudBenzer am 11.09.07 21:11:00

gut.

Peggy schafft das. Und Goldpreise oberhalb von 1000USD helfen ihr dabei. Dann waren ihre ganzen Akquisitionen nämlich richtige Schnäppchen.

[SpudBenzer]

Antwort auf Beitrag Nr.: 31.538.427 von Rainolaus am 11.09.07 21:22:35

Hm... was meinst Du. Kann sie mit Geld umgehen...?

[Rainolaus]

Antwort auf Beitrag Nr.: 31.538.788 von SpudBenzer am 11.09.07 21:41:02

klar. schliesslich spart sie schon mal an gutaussehenden Klamotten und kauft nur von der Stange in hässlichen Farben.

[Rainolaus]

nicht allzu viel Material auf der Verkaufsseite:

BID Orders Volume Price Range
10 91,500 0.540-0.580
ASK Price Range Volume Orders
0.610-0.650 23,500 7

[Rainolaus]

Gold Ende 2007 bei 740 USD?

13.09.2007 | 13:30 Uhr | Rainer Hahn (EMFIS)

RTE London - (www.rohstoffe-go.de) - Das Londoner Research-Institut GFMS Ltd. geht davon aus, dass der Goldpreis bis zum Ende des Jahres auf 740 USD je Unze steigt.

In den letzten sechs Monaten des Jahres soll der durchschnittliche Goldpreis bei 690 USD je Unze liegen, deutlich über 700 USD liegen und sein Tief bei 659 USD je Unze finden.

Im ersten Halbjahr lag der durchschnittliche Goldpreis bei 659 USD je Unze und ist gestern mit 714,40 USD auf den höchsten Stand seit Mai 2006 geklettert. Des Weiteren hat die Schwäche des Dollars gegenüber dem Yen oder dem Euro die Nachfrage nach Gold gesteigert.

Das Institut sieht eine 50:50 Chance, dass der Goldpreis im nächsten Jahr die 850 USD-Marke knackt.

[Rainolaus]

http://www.goldseiten.de/content/diverses/artikel.php?storyi…

[JoJo49]

Zukunft der WertMetalle eine neue Anlageklasse?


FCM Deutschland GmbH 25.08.07


30 Industrie- und Edelmetalle, plus Seltene Erden
FCM Deutschland GmbH, Dipl.-Ing. Roland Meid
Infos über das Kompetenz-Zentrum für WertMetalle
FCM Deutschland GmbH, Karlsruhe
Tel. [phone], Email: [e-mail]
www.wertmetalle.com
Erfolgsstory der WertMetalle
http://www.konstanzer-kreis.de/Publikationen/archiv/meid/200…

Gruß JoJo

[metallix]

Hab noch mal ne kleine Order zu 0,38 € gesezt ...
mal sehen ob ich bedient werde...

halte meine Stücke ....bin eh auf Long...
Gruss,
Metallix

[Rainolaus]

Antwort auf Beitrag Nr.: 31.631.572 von metallix am 17.09.07 14:35:49

bei Goldpreisen von 850-1000USD sieht die Welt für CMM auch wieder ganz anders aus. Und weil sie so runtergeprügelt wurde hat sie für den Fall einen schönen Hebel nach oben.

[Rainolaus]

Gold über 720USD heute und CMM bei 0,58CAD. Wer hätte das vor einem Jahr gedacht.
Tiefer will CMM drüben aber auch nicht mehr. Was nicht weiter fällt, das steigt.

[Rainolaus]

sehr gute Entscheidung:


Oct 01, 2007 15:42 ET

Century Mining Terminates Huancacancha Purchase

BLAINE, WASHINGTON--(Marketwire - Oct. 1, 2007) - Century Mining Corporation (TSX VENTURE:CMM) today announced that it has terminated its agreement to purchase the Huancacancha exploration property in Peru. The Company cited less-than-expected silver values in drill results as the basis for today's decision.
As announced on August 7, 2007 Century had agreed to a purchase price for the project of US$24,500,000 to be financed by the sellers. An initial installment by Century of $215,000 was paid at the closing, and the remaining $24,285,000 was to be paid over the next 4 years.

Since acquiring the Huancacancha property, Century conducted approximately 800 meters of diamond drilling in four holes to confirm silver and gold grades in the deposit. The deposit is located on a belt that has hosted other deposits where the silver content has covered a substantial portion of operating costs. The results of Century's drilling, however, showed low silver values that would not support further investment in the property.

Effective today therefore, Century has terminated the purchase agreement for Huancacancha and returned the concessions to the vendor without penalty to the Company and without any subsequent payment obligations to the vendor.

Margaret Kent, President & CEO, commented, "We saw excellent potential for a significant operation at Huancacancha as evidenced by Barrick's nearby Pierina deposit. However, the drill results were not what we considered sufficient to support a long-term project. Century will continue to focus management resources on our Lamaque underground program and on the expansion at San Juan."

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Quebec that historically have produced over 9.4 million ounces of gold. In Peru, Century wholly-owned subsidiaries own an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century subsidiaries have also recently acquired Rosario de Belen where it accounts for 100% of both gold and silver production. Century's growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

Margaret M. Kent, Chairman, President & CEO

[Rainolaus]

CMM

Trading Halted

[Rainolaus]

Century Mining Corporation announces takeover bid for Sulliden Exploration Inc.

Last Update: 10/4/2007 1:46:28 PM

BLAINE, WA, Oct. 4, 2007 (Canada NewsWire via COMTEX) -- Century Mining Corporation (CMM) ("Century", "Century Mining", or the "Company"), today announces its intention to make an all share takeover bid for Sulliden Exploration Inc. (SUE) ("Sulliden").

Century intends to offer Sulliden shareholders 0.72 of a Century common share for each Sulliden common share. The offer values Sulliden at CAD$0.41 per common share and represents a premium of 51% based on the volume-weighted average trading price for the previous 20 trading days for the Sulliden shares on the TSX and for the Century shares on the TSX-V.

Century hopes that the Board of Sulliden will recognize the considerable value of this offer to Sulliden shareholders. The value created from the resolution of the litigation over title to the Shahuindo property cannot be underestimated. A successful bid will immediately resolve the litigation and unlock the value of Shahuindo to shareholders of both companies. Century urges the Board of Sulliden to recommend this offer to its shareholders.

In addition to the substantial premium to the recent trading price of Sulliden and an immediate resolution of the ongoing litigation over title to the Shahuindo property, the combination will also give Sulliden shareholders an immediate opportunity to participate in the development of the gold resources at Shahuindo. A successful bid will result in Century's construction and operating expertise to be applied to the development of a large operating gold mine at Shahuindo that could be producing by late 2010. In consolidating positions, Sulliden shareholders will also have the opportunity to participate in the exploitation of Century's substantial gold resources at its San Juan property and its Rosario de Belen properties in Peru, and its Lamaque property in northern Quebec.

[Wiewel2005]

Antwort auf Beitrag Nr.: 31.847.010 von Rainolaus am 04.10.07 20:03:34

CMM ist einfach unfassbar!!!

erst vor einer Woche hieß es 36.5 million shares finanzierung weil die projekte scheiße sind und selbst nach jahren kein Geld hängen bleibt.

und jetzt wieder sone Granate:
SUE = # of Shares Outstanding 72,819,516 x 0,72 pro Share = 52,4 millionen weitere CMM SHARES !!!!

Super sache in 1 Woche knapp 90 mio shares verwässerung.
Was geht nur in dem Kopf von diesem Management vor.

„In 4 years from 6 mio to 130 mio marktcapitalization *oleee oleee“ so sieht es aus, aber leider in 4 Jahren kein einziges Prozent Wertsteigerung des Aktienpreises. Die einzige Steigerung die CMM kennt ist die der ausstehenden Aktien.

[Rainolaus]

Antwort auf Beitrag Nr.: 31.847.429 von Wiewel2005 am 04.10.07 20:33:33

wenn alles glatt läuft könnte da letztendlich aber auch ein recht gigantisches Unternehmen bei rauskommen. Hier die News etwas ausführlicher:

Century Mining Corporation announces takeover bid for Sulliden Exploration Inc.
Century Mining Corporation (TSX-V:CMM) ("Century", "Century Mining", or the "Company"), today announces its intention to make an all share takeover bid for Sulliden Exploration Inc. (TSX: SUE) ("Sulliden").
Century intends to offer Sulliden shareholders 0.72 of a Century common share for each Sulliden common share. The offer values Sulliden at CAD$0.41 per common share and represents a premium of 51% based on the volume-weighted average trading price for the previous 20 trading days for the Sulliden shares on the TSX and for the Century shares on the TSX-V.

Century hopes that the Board of Sulliden will recognize the considerable value of this offer to Sulliden shareholders. The value created from the resolution of the litigation over title to the Shahuindo property cannot be underestimated. A successful bid will immediately resolve the litigation and unlock the value of Shahuindo to shareholders of both companies. Century urges the Board of Sulliden to recommend this offer to its shareholders.

In addition to the substantial premium to the recent trading price of Sulliden and an immediate resolution of the ongoing litigation over title to the Shahuindo property, the combination will also give Sulliden shareholders an immediate opportunity to participate in the development of the gold resources at Shahuindo. A successful bid will result in Century's construction and operating expertise to be applied to the development of a large operating gold mine at Shahuindo that could be producing by late 2010. In consolidating positions, Sulliden shareholders will also have the opportunity to participate in the exploitation of Century's substantial gold resources at its San Juan property and its Rosario de Belen properties in Peru, and its Lamaque property in northern Quebec.

<<
A share exchange would result in the creation of a pre-emininent mid-tier
gold producer with the following attributes:

- Significantly Increasing Production Growth to Mid-Tier Status

- Combined Break-Even Cost of Production in 2010 below Median for
Intermediate Producers (as defined by BMO Capital Markets, Weekly
Gold Monitor, September 17, 2007)

- Highly Liquid Gold Company Trading more than 500,000 shares per day

- Geographically Diversified in Canada and Peru

- Substantial Combined Reserves Plus Measured and Indicated Resources
and Historical Resources
>>


In the formal offer to acquire Sulliden's outstanding common shares, Century will set out its acceptance condition at 50.1% of Sulliden's shares on a fully diluted basis. The Company intends to acquire all of the outstanding shares of Sulliden but will proceed with the development of Shahuindo upon acquisition of a controlling position in Sulliden. It is intended that the remaining payment obligations on the Shahuindo property will be met through debt financing.

The combined company will offer a solid foundation of four operating mines and an unparalleled pipeline of 10 exploration projects and a leading presence in Canada and Latin America. A brief summary of these core assets is as follows:

Lamaque: The Sigma and Lamaque underground mines operated from 1935 through 2000 and produced a combined 9.4 million ounces of gold. Century reopened the Lamaque underground mine in April 2007, whereby the Company aims to achieve a production rate of 100,000 ounces of gold per year by the end of 2008. The Company currently produces 75,000 ounces per year from the Sigma open pit.

San Juan: The San Juan Gold Mine was acquired by Century in May 2006. Although gold production in the area dates back to the Incas, modern mining has been conducted only since the 1970s. Over this period, approximately 1.2Â million ounces of gold have been mined at San Juan. Century plans to increase the capacity of the mill to 700 tonnes per day, achieving an annualized production rate of 35,000 ounces of gold in 2008.

Rosario de Belen: Mina Rosario de Belen began operations in February 2007 as an open-pit heap leach mine with an initial and expandable ore processing capacity of 5,000 tonnes per day. The mine and processing plant are currently operating at a rate of approximately 3,000 tonnes of ore per day. Century intends to expand production at Rosario de Belen to approximately 25,000 - 30,000 ounces of gold per year.

Shahuindo: Shahuindo is a gold-silver project located 25 km north of Barrick's Alto Chicama and 70 km south of Newmont's Yanacocha deposits in northern Peru. The project has been the subject of extensive drilling and exploration since the 1980s and in 2005, Met-Chem Canada Inc. produced a technical report which is in accordance with NI 43-101. Century intends to construct a large heap leach gold operation on Shahuindo by late 2010.

The offer will be subject to a number of customary conditions; however it will be designed to not trigger the rights provided for under the Sulliden's shareholder rights plan.

M Partners Inc. is financial advisor to Century. Century's Canadian legal advisor is Lang Michener LLP and its US legal advisor is Theodora Oringher Miller & Richman PC.

Commenting on the offer, Margaret Kent, chairman, chief executive officer and president of Century stated: "We believe the offer provides Sulliden shareholders with full and fair value for their shares. With the resolution of the litigation over Shahuindo which has become increasingly more favorable to Century's wholly owned Peruvian subisidiary, Algamarca, the offer secures an opportunity for Sulliden shareholders to benefit from the development of the Shahuindo property. It further presents the prospect of a tremendous upside to the share price of the combined company for both Sulliden and Century shareholders. We have the view that the proposed transaction will position Century to quickly become an intermediate gold mining company with a significant reserve and resource base. We urge Sulliden shareholders to tender their shares to our offer and would welcome discussions with Sulliden management and its Board of Directors such that we can begin to focus on generating value together."

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Québec that historically have produced over 9.4 million ounces of gold. In Peru, Century wholly-owned subsidiaries own an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century subsidiaries have also recently acquired Rosario de Belen where it accounts for 100% of both gold and silver production. Century's growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

"Margaret M. Kent"

Chairman, President & CEO

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of the contents of this press

release.

Caution Concerning Forward-Looking Information

This press release contains forward looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and information and accordingly, readers should not place undue reliance on such statements and information. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis included in this Annual Report , in our Annual Information Form and in other filings made by us with the Securities and Exchange Commission and with Canadian securities re gulatory authorities and available at www.sedar.com.

While the Company believes that the expectations expressed by such forward-looking statements and forward-looking information and the assumptions, estimates, opinions and analysis underlying such expectations are reasonable, there can be no assurance that they will prove to be correct. In evaluating forward-looking statements and information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward-looking statements and forward-looking information.

SOURCE: Century Mining Corporation

Brent Jones, Manager of Investor Relations, E-mail: [e-mail], Phone:
[phone] or [phone], Fax: [phone], Website:
www.centurymining.com; For media relations, please contact: Deborah Thompson,
President, DT Communications, E-mail: [e-mail], Phone: (416)
918-9551 or [phone], Fax: [phone]

[SpudBenzer]

Antwort auf Beitrag Nr.: 31.847.603 von Rainolaus am 04.10.07 20:48:23

Soll das alles durch Ausgabe neuer Aktien finanziert werden? Ist das so?

It is intended that the remaining payment obligations on the Shahuindo property will be met through debt financing.

---> Bezahlen die doppelt?? Erst Shahuindo gekauft und dann den früheren Eigentümer übernommen??? Dann hätten sie lieber vorher still sein sollen und Sulliden gleich übernehmen können.
Kann mir das einer erklären? Oder sind mit "remaining payment obligations" frühere Schulden von Sulliden gemeint?

[Rainolaus]

Antwort auf Beitrag Nr.: 31.847.934 von SpudBenzer am 04.10.07 21:16:39

This is an excellent move by Century!

SUE is low on cash, this offer causes them to have to spend cash and it locks them up so they can't raise any cash.

As of July 31, 2007 SUE had 3,759,756 in Cash & Equivalents (net of payables/liabilities). They have committed to an exploration program on Shahuindo and the other two properties and likely have spent or will spend $1.5 Million to $2 Million. Don't forget that SUE has an annual burn rate of ~$1.4 Million per year.

The cost of hiring all of the advisers one needs to hire in order to get an independent fairness opinion and do proper diligence on the deal should cost SUE around another Million.

This proposed deal accelerates SUE's cash spend. Also while SUE is the subject of a takeover offer, there is no way it will be able to raise funds through a private placement. SUE's access to cash is essentially blocked.

If CMM wants it can keep extending its offer, like Barrick did in the Nova Gold deal and can keep SUE locked up for months! With about 6 months of extensions SUE should be bled dry.

The only hope for SUE would be that a "White Knight" would emerge. I can't see why anyone would want to "buy" a lawsuit especially when the Peruvian Court has already telegraphed to the parties that Algamarca would win a lawsuit.

Looks like Peggy has them by the short hairs!

December3

[Rainolaus]

Antwort auf Beitrag Nr.: 31.847.934 von SpudBenzer am 04.10.07 21:16:39

hier wird es ganz gut erklärt:

SUE has a few bucks and some info on the property, they can continue as they are and will eventually lose it all except would probably retain the info. Peggy knows this and wants to help both SUE and CMM shareholders save the money and get the info and stop paying the lawyers. It is no more comlicated then that and the REAL SUE shareholders and management already know this and I'm betting SUE management will recommend to SUE shareholders to take the deal. This is the only way SUE can win and perhaps the best way CMM can get the info that SUE has collected to date rather then having to redrill everything after SUE goes belly up. So, give your heads a shake, spend allot more money to the lawyers and then redrill everything is not in CMM shareholders best interest but either way she will do it but it just makes more business sense this way.

[Rainolaus]

Antwort auf Beitrag Nr.: 31.847.934 von SpudBenzer am 04.10.07 21:16:39

oder hier:

CMM is not paying for the property; they are paying for the opportunity to develop the property now and not in 3 to 5 years when SUE's legal cases are dismissed or they go bankrupt.
SUE shareholders have 2 options:

1 Tender your shares and see the value of CMM shares quadruple in one year which would make the SUE shares worth $1.44, or

2 Reject the offer and see the share price slide to 10 cents in a year's time. Those that want to trade their shares for CMM shares will sellout if the offer is not accepted because they have no hope for any upside in SUE for 3 to 5 years when they may very well get nothing.

[Rainolaus]

@Wiewel

nur mal zum Vergleich wo CMM dann im MArktvergleich steht. Da wirken die paar zusätzlichen Shares eher wie Peanuts:


SUBJECT: Successful m-tier co’s w/ high o/s shares Posted By: production05

Post Time: 10/5/2007 01:51
« Previous Message Next Message »


(some ounces represent a run rate at a certain point within a year)

A) Century Mining (success is TBD):

* o/s shares – 227,900,000 (CMM + financing + SUE takeover)
* market cap - $123,000,000 (o/s shares @ $.54)
* 2007 fcst production – 90,000 ozs
* 2008 fcst production – 120,000 ozs
* 2010 fcst production – 375,000 ozs


B) Successful mid-tier companies with high o/s share counts:


1) Eldorado gold:

* o/s shares – 343,900,000
* market cap - $2,100,000,000 (their flagship operation is currently shut down otherwise this would be higher)
* 2007 fcst production – 325,000 ozs
* 2008 fcst production – 365,000 ozs
* 2010 fcst production – 475,000 ozs


2) Golden Star Resources:

* o/s shares – 233,200,000
* market cap - $921,200,000
* 2007 fcst production – 280,000 ozs
* 2008 fcst production – 500,000 ozs


3) High River Gold:

* o/s shares – 268,300,000
* market cap - $791,500,000
* 2007 fcst production – 175,000 ozs
* 2008 fcst production – 340,000 ozs
* 2010 fcst production – 580,000 ozs
* 2011 fcst production – 700,000 ozs


4) Centamin Egypt:

* o/s shares – 764,600,000
* market cap - $886,900,000
* 2007 fcst production – 0 ozs
* 2008 fcst production – 200,000 ozs


Production05

[Art Bechstein]

Antwort auf Beitrag Nr.: 31.847.429 von Wiewel2005 am 04.10.07 20:33:33

Wiewel,

da muß ich Dir absolut recht geben; das Management ist vollkommen durchgedreht mittlerweile und gehört eher in die Klappsmühle als an den Vorstandstisch eines Unternehmens. Es ist traurig, wie lange ein Management ungestraft die Aktionäre belügen darf - Century ist sicherlich ein Musterbeispiel von Mißmanagent und diese Vergleiche taugen alle nix, weil Century einfach kein Geld mit den Minen verdient und ständig Geld verbrennt und Aktien druckt.

Art

[Rainolaus]

Nach unten dürfte der CMM Kurs jetzt aber aufgrund des Auschverhältnisses gut abgesichert sein, weil wenigwer als 0,41 die SUE Sharholder kaum akzeptieren würden:

Century intends to offer Sulliden shareholders 0.72 of a Century common share for each Sulliden common share. The offer values Sulliden at 41 cents per common share

Huancacancha haben sie doch bereits als unlukrativ abgestossen und wenn sie Sulliden zu dem (Schleuder)-Preis kriegen und damit strittigen Besitzfragen lösen und gleichzeitig sämtliche Unterlagen zu Shahuindo bekommen sollten fände ich CMM zum aktuellen Preis alles andere als teuer bei dem Inground Value und in Anbetracht der Tatsache, dass sie Shahuindo zeitnah angehen könnten.
Ihre bestehenden Minen kriegen sie auch noch in den Griff. Viel wichtiger aber ist in dem Zusammenhang noch wie sich die Pofitabilität der Minen und der eigentliche Wert der mittlerweile zahlreichen Liegenschaften von CMM im Hinblick auf noch deutlich höhere Goldpreise gestaltet. Nach dem Bruch der 732USD sind Goldpreise von deutlich über 800USD fast so sicher wie das Amen in der Kirche. Dann sähe es bei SL sicherlich auch schon wieder anders aus.


Sulliden stays quiet about Century bid

2007-10-04 17:26 ET - Street Wire

See Street Wire (C-SUE) Sulliden Exploration Inc


by Stockwatch Business Reporter

John Kearney, the chief executive officer of Sulliden Exploration Inc., is staying mum about a potential takeover bid announced by Century Mining Corp. on Thursday. "I'll think we'll just have to see what happens next," he says.

Both stocks were halted on Thursday morning, until Century announced that it planned to offer 0.72 of a share for each share of Sulliden. Mr. Kearney says his company did not request the halt and that Century did not contact him or Sulliden on Thursday.

The two companies have locked horns since May, when Century acquired the shares of five Peruvian companies known as the Algamarca companies. Sulliden and Algamarca have been fighting since 2003 over the rights to the Shahuindo property, where Sulliden has found 1.5 million ounces of gold and 35 million ounces of silver. The fight has spawned numerous legal actions in Peru and one in Canada.

In her press release, Century Mining's chairman Margaret Kent encourages Sulliden's shareholders to accept the bid. She insinuates that her company would win the legal battle for the property, and that this offer ensures Sulliden shareholders will benefit from Shahuindo.

Sulliden's directors have not yet met to consider any proposals from Century. When asked what it will do, Mr. Kearney repeated that he could not comment.

In May, Sulliden's stock traded around 50 cents, while Century's traded between 80 and 90 cents. The day before Century made its announcement, Sulliden was at 30.5 cents, and Century was at 54 cents. On Thursday, Sulliden closed at 39.5 cents, while Century remained unchanged.

[Rainolaus]

Sulliden Exploration Inc (C:SUE)
Shares Issued 72,819,516
Last Close 10/4/2007 $0.395
Thursday October 04 2007 - Street Wire
Also Century Mining Corp (C:CMM) Street Wire
by Stockwatch Business Reporter

John Kearney, the chief executive officer of Sulliden Exploration Inc., is staying mum about a potential takeover bid announced by Century Mining Corp. on Thursday. "I'll think we'll just have to see what happens next," he says.

Both stocks were halted on Thursday morning, until Century announced that it planned to offer 0.72 of a share for each share of Sulliden. Mr. Kearney says his company did not request the halt and that Century did not contact him or Sulliden on Thursday.

The two companies have locked horns since May, when Century acquired the shares of five Peruvian companies known as the Algamarca companies. Sulliden and Algamarca have been fighting since 2003 over the rights to the Shahuindo property, where Sulliden has found 1.5 million ounces of gold and 35 million ounces of silver. The fight has spawned numerous legal actions in Peru and one in Canada.

In her press release, Century Mining's chairman Margaret Kent encourages Sulliden's shareholders to accept the bid. She insinuates that her company would win the legal battle for the property, and that this offer ensures Sulliden shareholders will benefit from Shahuindo.

Sulliden's directors have not yet met to consider any proposals from Century. When asked what it will do, Mr. Kearney repeated that he could not comment.

In May, Sulliden's stock traded around 50 cents, while Century's traded between 80 and 90 cents. The day before Century made its announcement, Sulliden was at 30.5 cents, and Century was at 54 cents. On Thursday, Sulliden closed at 39.5 cents, while Century remained unchanged.

© 2007 Canjex Publishing Ltd.

[Rainolaus]

http://www.reportonbusiness.com/servlet/story/RTGAM.20071005…

[Statistix]

Ich finde bei Stockhouse hat sich inzwischen ganz klar herausgestellt, wer dort für Postings bezahlt wird.
Ich werde wohl auch TAM nicht mal mehr für Trades anfassen... Wer weiß was sich diese Irren dort ausgedacht haben.

[Rainolaus]

Lässt hier gar keiner mehr ein gutes Haar an CMM?

O.k. Peggy hatte die produzierten Unzenzahlen für 2007 verfehlt.

Die letzten beiden Entscheidungen finde ich aber eher in die richtige Richtung. Und auf den Vorwurf, dass sich die Aktienanzahl immer weiter erhöht bleibt auch zu erwähnen, dass man im Falle einer Übernahme von Sulliden schlieslich auch etwas dafür bekommt an Gegenwert. 2,1Mio Unzen Goldäquivalent für gut 30Mio wäre doch auch kein schlechter Deal, oder?

Wenn er denn zustande kommt.

[Art Bechstein]

Antwort auf Beitrag Nr.: 31.868.274 von Rainolaus am 06.10.07 16:21:24

Sie hat auch die Prognosen für 2005 und 2006 weit - sehr weit - vefehlt und wird genauso die jetzt aufgestellten Prognosen verfehlen, weil sie einfach keine Ahnung von der Materie hat. Sie hat die Anleger bewußt getäuscht zu San Juan, insbesondere Golden Champune, wo von über 10 Mio. historischen Unzen gesprochen wurde, was eine glatte Lüge war. Sie erwirbt jetzt - im Idealfall - Shuahindo für über 50 Mio.$, wo noch nichts entwickelt ist und die Grades nicht berauschend sind und plant mit gigantischen Unzenzahlen aus Shuahindo, die durch nichts gedeckt sind. Sie hat Unsummen für die Sigma Open-Pit Stripping Programme ausgegeben, um dann festzustellen, dass es nur Underground geht ...evtl. ...noch was aus dem Boden zu holen. Die Übernahme von Sulliden - wenn sie überhaupt funktioniert - wird auch noch viel teurer, da es bestimmt noch ein paar Poison Pills geben wird (Verlängerung der Vorstandsverträge, vielleicht noch Placement, evtl. Klagen usw...) und in der Zwischenzeit werden munter Aktien gedruckt.

Art

[Rainolaus]

Antwort auf Beitrag Nr.: 31.869.965 von Art Bechstein am 06.10.07 18:22:19

Für 2009 avisieren sie eine Produktion von 375000 Unzen. Wenn sie das wiederum massiv auf nur 250000 verfehlt sollte es bei Goldpreisen im 4-stelligen Bereich doch immer noch für eine höhere Bewertung als jetzt reichen. Immerhin entspräche das noch einer Steigerung um über 175% gemessen an 90000 Unzen für 2007.
Ob sich das dann auch nicht mehr rechnet im Hinblick auf die genannten Argumente wird sich noch zeigen. Vertrauen hat sie wohl allemal verspielt und genau das zeigt sich ja auch derzeit am Kurs.

[meagain]

Antwort auf Beitrag Nr.: 31.888.903 von Rainolaus am 07.10.07 16:57:35

90000 unzen produktion und waschstumspotential bei einer marktkapitalisierung von 50 mio. euro?da sollte doch wohl schon einiges an risiken eingepreist sein.das vieles nicht optimal gelaufen ist bedeutet ja nicht das century wertlos ist,oder?viele explorer ohne produktion und nachgewiesene resourcen haben eine ähnlichohe bewertung.ich würde mal annehmen das die risiken dort grösser sind.

[Rainolaus]

Antwort auf Beitrag Nr.: 31.889.168 von meagain am 07.10.07 17:09:08

ganz meine Meinung.

[u.ri]

Antwort auf Beitrag Nr.: 31.889.168 von meagain am 07.10.07 17:09:08

* o/s shares – 227,900,000 (CMM + financing + SUE takeover)
* market cap - $123,000,000 (o/s shares @ $.54)
* 2007 fcst production – 90,000 ozs

vs.

bei einer marktkapitalisierung von 50 mio euro

moment mal, wohl eher 100mio euro oder mehr, wenn jetzt noch aktien dazu kommen? oder?

[Rainolaus]

Antwort auf Beitrag Nr.: 31.893.655 von u.ri am 07.10.07 20:46:06

bist Du bei CMM investiert?

bzgl. der Shares und der Bewertung hast Du natürlich recht (derzeit gem HP Fully diluted 160,655,506).

[HAPPY2007]

was ist mit dieser Aktie blos los? Seit ich sie besitze geht sie munter runter

Grüße
happy2007

[SpudBenzer]

Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Oct 12/07 Oct 10/07 Kent, Margaret Meri Indirect Ownership Common Shares 10 - Acquisition in the public market 10,000 $0.540
Oct 12/07 Oct 10/07 Burns, Ross Fredrich Indirect Ownership Common Shares 10 - Acquisition in the public market 10,000 $0.540
Oct 11/07 Oct 09/07 Burns, Ross Fredrich Indirect Ownership Common Shares 10 - Acquisition in the public market 5,000 $0.530
Oct 11/07 Oct 09/07 Kent, Margaret Meri Indirect Ownership Common Shares 10 - Acquisition in the public market 5,000 $0.530

[SpudBenzer]

Sulliden corrects Century press releases
http://www.cnxmarketlink.com/en/releases/archive/October2007…

[Wiewel2005]

Antwort auf Beitrag Nr.: 32.064.102 von SpudBenzer am 18.10.07 13:30:16

gaaanz große Comedy was die beiden Firmen da machen.
Hab zwar keinen der Werte, aber muss immer wieder vorbeischauen bei diesem Spaßfaktor

[SpudBenzer]

Bin ich der letzte, der sich noch nicht dazu überwunden hat, sich die Verluste einzugestehen oder ist noch jemand investiert?
Was ich einfach nicht verstehe ist, dass Wega Mining so viele Aktien für den doppelten Preis gekauft haben und nun mit 50% im Minus sind. Ich dachte, die wären besser informiert als ich...
Was für'ne Mega Scheisse hier!

[Wiewel2005]

Antwort auf Beitrag Nr.: 32.064.207 von Wiewel2005 am 18.10.07 13:36:54

- Century Mining Corporation announced today that it has discontinued open pit mining operations at its Sigma gold mine

- The closure of the Sigma open pit was a difficult decision
- the Company's revised production guidance for the full year 2007 is 65,000 ounces

http://www.stockhouse.ca/news/news.asp?newsid=6195615&tick=C…

[Rainolaus]

Antwort auf Beitrag Nr.: 32.311.387 von Wiewel2005 am 06.11.07 17:16:27

mir fehlen die Worte...

[metallix]

:O:O:O
Automatisch übersetzter Text:
Century Mining Corporation announced today that it has discontinued open pit mining operations at its Sigma gold mine at Val d'Or, Quebec as of Monday, November 5, 2007, and will ramp up production from the Lamaque underground mine, which the Company reactivated in April 2007. "The closure of the Sigma open pit was a difficult decision, but deteriorating ore grades in the open pit and increasing costs of operation because of rising fuel prices made the surface mine uneconomic," said Century's President and CEO, Margaret Kent.
ADVERTISEMENT


"We are extremely enthusiastic about the prospects for the Lamaque mine, where we have had significant success since reopening this historic mining operation," said Kent. "These underground mines have produced over 9.5 million ounces from the 1930's until the 1990's." The contiguous underground properties of both Sigma and Lamaque have been combined and are referred to jointly by the Company as the Lamaque mine.

The Lamaque mine is currently producing 350 to 400 tonnes of ore per day at an average grade of approximately 5.5 grams per tonne. The Company has applied for permits to increase production to over 1,800 tonnes of ore per day. Century expects Lamaque to yield positive cash flows by the end of the first quarter of 2008. The Company also expects that Lamaque will produce upwards of 100,000 ounces of gold per year at a cash cost of approximately $350 per ounce by the end of the first quarter of 2009. As a result of the shutdown of the open pit, the Company's revised production guidance for the full year 2007 is 65,000 ounces.

As a result of the closure of the Sigma open pit, the Company will temporarily reduce its staffing levels at Val d'Or this week by 191 employees, leaving employment of 110 at the site. This temporary workforce reduction, including both salaried and hourly employees, is necessary until these employees can be transitioned over to the Lamaque underground mine. As the Lamaque mine operations are expanded over the next several months, the employment levels will be increased to approximately 350 to 400 employees when the mine achieves full production of 1,800 tonnes of ore per day.

Century has also undertaken a major data compilation and mapping effort for the Lamaque property to demonstrate resources on the property and guide future expansion of mining operations. Use of recently digitized historic information and the application of geological models has resulted in the discovery of several new ore zones at the Lamaque property. Century is currently delineating and quantifying these ore zones in order to prepare and file an NI 43-101 report expanding the reportable reserves and resources at the mine by the end of the year.

On September 27, 2007 the Company announced a non-brokered private placement of up to US$20 million. The Company has chosen to close out that private placement after raising approximately US$7.3 million because of available financing alternatives including a proposed leasing line and adjustments to the Company's senior notes. Jahrhundert Mining Corporation kündigten heute an, dass es nicht für Tagbaue Operationen auf ihrer Sigma Goldmine im Val d'Or, Quebec ab Montag, 5. November 2007, und die Rampe wird die Produktion von der Lamaque unterirdischen Mine, die das Unternehmen im reaktiviert April 2007. "Die Schließung des offenen Sigma Grube war eine schwierige Entscheidung, aber verschlechternden Erz Noten in die offene Baugrube und steigenden Kosten der Operation, weil die steigenden Benzinpreise, die die Oberfläche Mine unwirtschaftlich", sagte Century's Präsident und CEO, Margaret Kent.
ANZEIGE


"Wir sind sehr begeistert über die Aussichten für die Lamaque Mine, wo wir haben beträchtlichen Erfolg seit Wiedereröffnung diesem historischen Bergbau Betrieb", sagte Kent. "Diese unterirdische Minen haben mehr als 9,5 Millionen Unzen von der 1930 Jahre bis 1990." Die zusammenhängenden unterirdischen Eigenschaften beider Sigma und Lamaque wurden und werden, gemeinsam von der Gesellschaft als Lamaque Mine.

Die Lamaque Mine produziert derzeit 350 auf 400 Tonnen Erz pro Tag bei einer durchschnittlichen Steigung von etwa 5,5 Gramm pro Tonne. Das Unternehmen hat einen Antrag auf Genehmigung für die Steigerung der Produktion von über 1.800 Tonnen Erz pro Tag. Jahrhundert erwartet Lamaque zu Ertrag positiven Cashflows bis zum Ende des ersten Quartals 2008. Das Unternehmen erwartet auch, dass Lamaque wird nach oben von 100.000 Unzen Gold pro Jahr zu einem Cash Kosten von etwa $ 350 pro Unze bis zum Ende des ersten Quartals 2009. Als Folge der Schließung des offenen Grube, der Gesellschaft Erzeugung Leitlinien für das gesamte Jahr 2007 wird 65.000 Unzen.

Als Folge der Schließung des offenen Sigma Grube, wird das Unternehmen dies vorübergehend reduzieren ihre Personalausstattung im Val d'Or in dieser Woche von 191 Mitarbeitern, so dass die Beschäftigung von 110 auf der Baustelle. Diese temporäre Arbeitskräfte Reduktion, die sowohl ein Gehalt und stündlich Mitarbeiter, die erforderlich sind, bis diese Mitarbeiter kann der Übergang auf die Lamaque unterirdischen Mine. Da die Lamaque Mine ausgebaut werden in den nächsten Monaten, die Beschäftigung wird auf rund 350 bis 400 Beschäftigten, wenn die Mine erreicht volle Produktionskapazität von 1.800 Tonnen Erz pro Tag.

Jahrhundert hat auch einen wichtigen Daten Zusammenstellung und Kartierung Aufwand für die Lamaque Eigentum zu demonstrieren Ressourcen auf dem Grundstück und Führer künftige Erweiterung des Bergbaus. Nutzung der kürzlich digitalisierten historischen Informationen und der Anwendung der geologischen Modelle hat dazu geführt, in der Entdeckung von neuen oder mehrere Zonen auf der Lamaque Eigentum. Jahrhundert ist derzeit Abgrenzung und Quantifizierung dieser Erz Zonen im Hinblick auf die Vorbereitung und die Datei ein NI 43-101 Bericht Ausweitung der meldepflichtigen Reserven und Ressourcen auf die Mine bis zum Ende des Jahres.

Metallix

[metallix]

Antwort auf Beitrag Nr.: 32.315.234 von metallix am 06.11.07 20:57:42

:O:O:O
Jetzt die Übersetzung (Automatisch)
....vorher Fehler beim Kopieren...sorry
Jahrhundert Mining Corporation kündigten heute an, dass es nicht für Tagbaue Operationen auf ihrer Sigma Goldmine im Val d'Or, Quebec ab Montag, 5. November 2007, und die Rampe wird die Produktion von der Lamaque unterirdischen Mine, die das Unternehmen im reaktiviert April 2007. "Die Schließung des offenen Sigma Grube war eine schwierige Entscheidung, aber verschlechternden Erz Noten in die offene Baugrube und steigenden Kosten der Operation, weil die steigenden Benzinpreise, die die Oberfläche Mine unwirtschaftlich", sagte Century's Präsident und CEO, Margaret Kent.
ANZEIGE


"Wir sind sehr begeistert über die Aussichten für die Lamaque Mine, wo wir haben beträchtlichen Erfolg seit Wiedereröffnung diesem historischen Bergbau Betrieb", sagte Kent. "Diese unterirdische Minen haben mehr als 9,5 Millionen Unzen von der 1930 Jahre bis 1990." Die zusammenhängenden unterirdischen Eigenschaften beider Sigma und Lamaque wurden und werden, gemeinsam von der Gesellschaft als Lamaque Mine.

Die Lamaque Mine produziert derzeit 350 auf 400 Tonnen Erz pro Tag bei einer durchschnittlichen Steigung von etwa 5,5 Gramm pro Tonne. Das Unternehmen hat einen Antrag auf Genehmigung für die Steigerung der Produktion von über 1.800 Tonnen Erz pro Tag. Jahrhundert erwartet Lamaque zu Ertrag positiven Cashflows bis zum Ende des ersten Quartals 2008. Das Unternehmen erwartet auch, dass Lamaque wird nach oben von 100.000 Unzen Gold pro Jahr zu einem Cash Kosten von etwa $ 350 pro Unze bis zum Ende des ersten Quartals 2009. Als Folge der Schließung des offenen Grube, der Gesellschaft Erzeugung Leitlinien für das gesamte Jahr 2007 wird 65.000 Unzen.

Als Folge der Schließung des offenen Sigma Grube, wird das Unternehmen dies vorübergehend reduzieren ihre Personalausstattung im Val d'Or in dieser Woche von 191 Mitarbeitern, so dass die Beschäftigung von 110 auf der Baustelle. Diese temporäre Arbeitskräfte Reduktion, die sowohl ein Gehalt und stündlich
Mitarbeiter, die erforderlich sind, bis diese Mitarbeiter kann der Übergang auf die Lamaque unterirdischen Mine. Da die Lamaque Mine ausgebaut werden in den nächsten Monaten, die Beschäftigung wird auf rund 350 bis 400 Beschäftigten, wenn die Mine erreicht volle Produktionskapazität von 1.800 Tonnen Erz pro Tag.

Jahrhundert hat auch einen wichtigen Daten Zusammenstellung und Kartierung Aufwand für die Lamaque Eigentum zu demonstrieren Ressourcen auf dem Grundstück und Führer künftige Erweiterung des Bergbaus. Nutzung der kürzlich digitalisierten historischen Informationen und der Anwendung der geologischen Modelle hat dazu geführt, in der Entdeckung von neuen oder mehrere Zonen auf der Lamaque Eigentum. Jahrhundert ist derzeit Abgrenzung und Quantifizierung dieser Erz Zonen im Hinblick auf die Vorbereitung und die Datei ein NI 43-101 Bericht Ausweitung der meldepflichtigen Reserven und Ressourcen auf die Mine bis zum Ende des Jahres.

Metallix

[Rainolaus]

wurde ja auch Zeit mal wieder ein neues PP zu machen:


November 21, 2007

Century Mining Announces an Additional C$8 Million in Flow-Through and Unit Financings

BLAINE, WASHINGTON--(Marketwire - Nov. 21, 2007) - Century Mining Corporation (TSX VENTURE:CMM) announced today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to C$8 million comprised of C$4 million of flow-through shares at C$0.50 per flow-through share and C$4 million of units at C$0.40 per unit. Each unit will comprise one share and one-half share purchase warrant for the common stock of Century, exercisable at a price of C$0.75 per share for a 24-month period from the date of issue. Century will pay a finder's fee of 6% cash and broker warrants equal to 4% of the number of units and flow-through shares purchased by investors introduced to the Company. All of the securities issued under these private placements will be subject to a four-month hold period.

Margaret Kent, President and CEO, said, "This last tranche of financing, combined with the previously announced C$6.6 million private placement, will complete the financing necessary to bring the Lamaque mine up to 1,600 to 1,800 tonnes per day by the end of 2008, and will provide the capital necessary to expand the San Juan mine and mill."

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Lamaque mine in Quebec that historically has produced over 9.5 million ounces of gold. In Peru, Century wholly-owned subsidiaries own an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century subsidiaries have also recently acquired Rosario de Belen where it accounts for 100% of both gold and silver production. Century's growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.

On behalf of the Board of Directors,

Margaret M. Kent, Chairman, President & CEO

Caution Concerning Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.

While the Company believes that the expectations expressed by such forward-looking statements and forward-looking information and the assumptions, estimates, opinions and analysis underlying such expectations are reasonable, there can be no assurance that they will prove to be correct. In evaluating forward-looking statements and information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward-looking statements and forward-looking information.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.



CONTACT INFORMATION:
Century Mining Corporation
Brent Jones
Manager of Investor Relations
1-877-284-6535 or [phone]
Fax: [phone]
Email: [e-mail]
Website: www.centurymining.com

[rationalmind]

CENTURY MINING CORPORATION
Consolidated Results
To September 30, 2007

November 29, 2007


MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION &
RESULTS OF OPERATIONS

The following management’s discussion and analysis (MD&A) should be read in
conjunction with the consolidated financial statements and related notes for the quarter
ended September 30, 2007, which are prepared in accordance with Canadian generally
accepted accounting principles. The Company’s reporting currency is Canadian dollars.
This discussion is based on information available to November 29, 2007.

Caution Concerning Forward-Looking Statements and Information

This Management’s Discussion and Analysis contains forward looking statements within
the meaning of the United States Private Securities Litigation Reform Act of 1995 and
forward-looking information within the meaning of applicable Canadian securities laws.
We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”,
“estimate” and similar terminology to identify forward-looking statements and forward-
looking information. Such statements and information are based on assumptions,
estimates, opinions and analysis made by management in light of its experience, current
conditions and its expectations of future developments as well as other factors which it
believes to be reasonable and relevant. Forward-looking statements and information
involve known and unknown risks, uncertainties and other factors that may cause our
actual results to differ materially from those expressed or implied in the forward-looking
statements and information and accordingly, readers should not place undue reliance on
such statements and information. Risks and uncertainties that may cause actual results
to vary include but are not limited to the speculative nature of mineral exploration and
development, including the uncertainty of reserve and resource estimates; operational
and technical difficulties; the availability to the Company of suitable financing
alternatives; fluctuations in gold and other commodity prices; changes to and compliance
with applicable laws and regulations, including environmental laws and obtaining
requisite permits; political, economic and other risks arising from our South American
activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties
which are more fully described in our annual and quarterly Management’s Discussion
and Analysis included in this Quarterly Report , in our Annual Information Form and in
other filings made by us with the Securities and Exchange Commission and with
Canadian securities regulatory authorities and available at www.sedar.com.

While the Company believes that the expectations expressed by such forward-looking
statements and forward-looking information and the assumptions, estimates, opinions
and analysis underlying such expectations are reasonable, there can be no assurance
that they will prove to be correct. In evaluating forward-looking statements and
information, readers should carefully consider the various factors which could cause
actual results or events to differ materially from those expressed or implied in the
forward-looking statements and forward-looking information.
2
For United States investors, the Company’s press releases, annual and quarterly
financial statements and other literature frequently contain forward-looking statements
within the meaning of section 27A of the Securities Exchange Act of 1933 and as
amended in Section 27E of the 1934 Act.

Introduction

Century Mining Corporation is a Canadian-based gold producer with mining operations
in Val d’Or, Québec, Canada; San Juan, Arequipa, Peru; and Patival, La Libertad, Peru.
The Company is also engaged in the acquisition, exploration and development of
mineral properties and mining assets with a focus on gold and precious metals.

Century’s shares trade on the TSX Venture Exchange as a Tier 2 issuer under the
symbol CMM.

Objectives

Century is currently a junior gold producer, with the objective to become a mid-tier gold
producer with annual production of over 300,000 ounces of gold.

Strategy

The Company will achieve its objectives by focusing on the development of the assets at
its Lamaque and San Juan mines and by aggressively acquiring other gold mining
assets that will add to current and future economic gold production. Depending on funds
available, the Company will carry out exploration programs on properties that are located
in the vicinity of its mines to provide organic growth.

New Strategic Targets and Goals

The Company was founded on the principles of acquiring interests in mining,
development and exploration properties to become a low cost gold producer. Since its
inception in 2003, the Company has successfully achieved its near term goals by
acquiring the Sigma-Lamaque Complex in Québec, acquiring seven exploration
properties on the Juneau Gold Belt in Alaska, acquiring (through its subsidiaries Century
Mining Finance Corp. and Century Mining Peru S.A.) 82.6% of San Juan Gold Mines,
S.A.A. in Peru, and acquiring Mina Rosario de Belen, also in Peru, and becoming the
operator thereof.

The Company will continue to employ its successful strategy of identifying, acquiring and
developing properties with previously discovered, yet undervalued, mineral assets into
operating mines, as well as acquiring operating mines that can be turned around to
increase profitability using the skills and experience of its management team.
3

Recent Developments

Bid for Sulliden Exploration Inc.
On November 28, 2007 Century announced a public offer for all of the outstanding
shares of Sulliden Exploration Inc. on a share exchange basis, providing for the
exchange of one Sulliden share for 0.72 of a common share of Century for each
common share of Sulliden tendered pursuant to the offer. Successful completion of the
Sulliden acquisition will enable an end to the litigation surrounding the Shahuindo
property in Peru and will vest full control over the Shahuindo property in Century. The
offering circular is available on the Century web site at www.centurymining.com, or on
SEDAR at www.sedar.com.

Cessation of open pit operations
In November, 2007 Century discontinued operations at its Sigma open pit gold mine in
Val d’Or, Quebec in order to focus on the recently reactivated Lamaque underground
mine at the Sigma-Lamaque complex. Deteriorating ore grades, the inability to predict
and determine ore grades and higher mining costs, in part because of high fuel prices,
had made the surface mine uneconomic.

The operating costs in the third quarter for the Sigma open pit far exceeded the spot
price of gold and a suitable operating plan could not be established to ensure profitability
going forward. As a result, approximately $4 million of stripping costs and other capital
for the Sigma open pit that would have been deferred or capitalized have been included
in general mine operating expenses, increasing the cost of production to Sigma US$927
per ounce of gold. The Company is currently assessing alternative uses for the fleet of
trucks, its truck shop and other equipment associated with the open pit operations.

The Company has laid off on a temporary basis 190 employees, most of which will be
subject to recall as the underground operations are expanded over the next several
months.

The Company is currently assessing the impact of the capitalized stripping on the
balance sheet as it relates to the operating savings to the Lamaque underground mine.
The ability to access the underground from the lower levels of the open pit results in
substantial cost savings to the underground operation and defers the rehabilitation of the
Sigma shaft for more than two years. The Company will assess if any or part of the
deferred stripping will be written down at year end.

Lamaque operations
The Company commenced mining operations at the Lamaque underground mine in May
of this year and is undertaking a substantial exploration and development program. In
the third quarter a total of $1.3 million was capitalized for construction of a major haulage
drift from Lamaque into the open pit and for other capital items needed for the mine.

It is expected that the Lamaque operation will become profitable in the second quarter of
2008 and that ultimately the production from the underground mine will more than
replace the lost Sigma production.



4
Exchange rate
The recent strengthening of the Canadian dollar against the US dollar, reflecting the
weakening of the US dollar worldwide to record lows against major world currencies, has
had a significant negative impact on Century’s earnings, as gold sales are in US dollars
and converted into Canadian dollars, while expenses at the Quebec operations are
recognized in Canadian dollars. The weakening of the US dollar has also caused a
significant increase in the price of gold, which began in September and has continued
into the fourth quarter, and has caused the Company to record a non-cash provision of
$1.0 million for unrealized losses on derivative contracts that has adversely affected third
quarter income.

Major Acquisition Transactions

Mina Rosario de Belen On May 6, 2007 the Company, through its subsidiary
Century Mining Finance Corp., signed an agreement to purchase the shares of SMRL
Rosario de Belen and through its subsidiary Century Mining Peru S.A., acquired related
mining concessions and other assets of Mina Rosario de Belen, an operating gold and
silver mine located near the town of Patival in the Angasmarca district of the state of La
Libertad in northern Peru.

Terms of the transactions included the issuance of 1,000,000 Century shares to the
sellers upon signing, cash payments of US$19.5 million, to be paid in installments of
US$3.25 million on closing 45 days after signing, US$3.25 million six months after
signing, and US$13 million twelve months after signing, along with 500,000 additional
shares of Century. The Company has also agreed to pay a 1.5% NSR royalty to the
sellers.

At September 30, 2007 the transaction had been closed, but because the contractual
conditions to the scheduled payments were not met by the Sellers, payments were
delayed; in particular the sellers did not timely finalize the register the transfer of the
SMRL Rosario de Belen shares and the related concessions with the government
registries in Peru and the Sellers’ were unable to acquire required environmental permits
on a timely basis. The only payments actually payable following the closing and made by
the Company and reflected in the Company’s books were the issuance of one million
Century shares at a value of $0.89 per share, or $890,000 total, plus the first $3.25
million installment. In addition, the Company assumed operation of the mine upon
signing the purchase and sale agreement on May 6, 2007, and has produced 2,438 gold
equivalent ounces from May through September, 2007. During this period mining was
curtailed while a new mining contractor was selected. The ounces produced have come
from residual precious metal ounces leached from the existing pads. The results of
operation of the mine to date have been capitalized as development by the Company, as
the mine has not yet achieved commercial production status.

Shahuindo Property On May 6, 2007 the Company, through its subsidiary
Century Mining Finance Corp., entered into a purchase agreement to acquire 100% of
the shares of Compania Minera Algamarca S.A., Compania de Exploraciones
Algamarca S.A., Andean Mining Gold, Import & Export A.C.D., S.A., and Inversiones
Mineras Sudamericanas S.A. These companies own the 26 concessions, the surface
rights, the mortgages and all litigation rights in respect of the precious metal property
known as “Shahuindo” in the district of Cachachi, province of Cajabamba, department of
5
Cajamarca in northern Peru. An initial installment of US$1 million was paid by the
Company on signing.

The purchase price for 100% ownership of these companies was US$31 million, which is
being financed by the sellers over a 2-year period. An initial installment by Century
Mining Finance Corp. of US$1 million was paid on signing and two further payments of
US$1 million each were paid on August 6, 2007 and November 6, 2007. Century Mining
Finance Corp. will continue payments of US$1 million each quarter for the remaining 6
quarters during the 2-year post-closing period pursuant to the terms of the purchase
agreement. At any time up to the end of the two-year post-closing period, the Company
will effect a payment of US$20 million, with the balance payable 18 months later. Any
quarterly installments made after February 6, 2008, will not be applied against the
balance payable. The financing is non-recourse to the Company or any of its
subsidiaries and in certain circumstances the payments can be accelerated. Additional
consideration in the form of a 2% NSR on production from the Shahuindo property is
also payable.

The Shahuindo property has been the subject of litigation in Peru since the purported
acquisition of the property by Sulliden Shahuindo S.A.C. in 2002. As a part of the terms
of the transaction with Century Mining Finance S.A., the sellers of the property have
agreed to maintain carriage of the litigation in Peru.

On June 20, 2007, the Company received notice of claims filed in the Ontario Superior
Court of Justice by Sulliden Exploration Inc. against the Company, its subsidiary,
Century Mining Finance Corporation, its President and CEO Margaret Kent, and others
alleging damages in the amount of US$200 million for breach of contract, libel and
conspiracy, together with punitive damages in the amount of US$10 million and an
injunction, or in the alternative US$200 million in restitution based on the alleged
enhancement of the value of the Shahuindo project by Sulliden since July 2002. As the
claims either relate to the validity and enforceability of a contract concluded in Peru
between Peruvian parties for the purchase of the Shahuindo property in Peru and which
is subject to ongoing litigation in Peru, or the claims are contingent on the outcome of
such Peruvian litigation, the Company is disputing the jurisdiction of the courts of Ontario
to hear the matter. The Company considers these claims to be unfounded and without
any legal merit.

Although the shares of Compania Minera Algamarca S.A., Compania de Exploraciones
Algamarca S.A., Andean Mining Gold, Import & Export A.C.D., S.A., and Inversiones
Mineras Sudamericanas S.A. have been purchased and are officially recorded in the
name of the Company’s name, Century Mining Finance Corp. has recorded the
transaction as an option because of the conditions applicable to payments, and has
capitalized to date the US$1 million payments made on signing and on August 6, 2007
and November 6, 2007, plus legal fees incurred in documenting and initiating the
transaction.

With respect to the Shahuindo property, on August 14, 2007 the Company received
notice that the Superior Court of Lima had ruled in favor of Compania Minera Algamarca
S.A. and Compania de Exploraciones Algamarca S.A. and had nullified the 2006 arbitral
award in favor of Sulliden Shahuindo S.A.C. The Superior Court of Lima's decision to
nullify the arbitral award was based on the arbitral agreement being found to be invalid
because of the insufficiency of Mr. Miguel de Orbegoso Tudela's power to represent the
6
Algamarca companies in concluding an arbitral agreement with Sulliden Shahuindo
S.A.C., a Peruvian company. The arbitral agreement forms part of the 2002 transfer
agreement between Sulliden Shahuindo S.A.C. and Compania Minera Algamarca S.A. /
Compania de Exploraciones Algamarca S.A. that was signed by Mr. Orbegoso. The
validity of the 2002 transfer agreement with Sulliden Shahuindo S.A.C. is also being
challenged in Peru on the basis of a failure of Miguel de Orbegoso Tudela to have the
legal authority to represent the Algamarca companies in concluding that agreement, and
is the subject of ongoing litigation in Peru, as mentioned above.

Atimmsa Property In May 2007 the Company acquired an option to purchase the
mining concessions surrounding, and certain surface rights over Shahuindo from Alta
Tecnología E Inversión Minera Y Metalúrgica S.A., (the property hereafter referred to as
“Atimmsa Property”) for US$21 million. The Atimmsa Property totals 10,000 hectares of
mining concessions and 142 hectares of surface rights and may contain further
extensions of the Shahuindo deposit.

The purchase price for the Atimmsa Property is to be paid in two installments and within
the same timelines prescribed in the Shahuindo transaction: (i) US$12.5 million upon
exercise of the option, which will be completed when the Company makes the US$20
million payment on Shahuindo, and (ii) US$8.5 million due in 12 months after the
exercise of the option. Additional consideration in the form of a 2% NSR on production
from the Atimmsa Property is also payable to the sellers.

Results of Operations

Until early November, 2007 the Company operated the Sigma open pit mine in Val d’Or,
Québec, Canada, which commenced commercial gold production in May, 2005.
Production from the Lamaque underground mine, which is processed in the Sigma mill,
was recognized by the Company in the second quarter of 2007 for the first time and has
been accounted for as combined Sigma-Lamaque production. The Company is
currently pursuing the expansion of Lamaque production from 250 tonnes of ore per day
to 1,600 to 1,800 tonnes per day, equating to approximately 100,000 ounces of gold per
year, by early 2009.

In May of 2006 the Company acquired 60% controlling interest in the Peruvian company
San Juan Gold Mines S.A.A. This interest, through the participation of Century Mining
Peru S.A., was increased to 82.6% in December of 2006. Upon the acquisition in May
2006 the mine was only capable of operating at approximately 10% of its nominal rated
capacity because of a serious lack of capital and maintenance expenditures during the
last several years under previous ownership. As a result, in 2006 the Company
capitalized all expenses at the Lima office and at the mine, including exploration, net of
revenues from gold production. Through the Company’s investment and rehabilitation
programs, effective January 1, 2007 the Company determined that the mine had
achieved commercial production levels, and the results of the operations are included in
the Company’s revenues and expenses since the first quarter of 2007.

In June of 2007 the Company completed the acquisition of Mina Rosario de Belen,
which had begun operations in February 2007 as an open pit – heap leach mine. The
Company took over operations at the mine on May 6, 2007 at the signing of the
purchase and sale agreement, but the mine has not yet reached commercial production.
7

Third quarter ended September 30, 2007 compared to the same period in 2006

In the third quarter ended September 30, 2007 the company reported an operating profit
from mining operations, before depreciation, amortization and accretion, of $110,748
(2006 - $4,260,413) from gold revenues of $15,774,184 (2006 - $11,045,950).
Expenses incurred in the mining operations were $15,663,435 (2006 - $6,785,537).

For the quarter ended September 30, 2007 the Company reported a net loss of
$3,813,332 or $0.03 per share, compared to net income of $1,696,299 or $0.01 per
share in the prior period. The net loss in the third quarter of 2007, versus net income in
the third quarter of 2006, represents the expensing of all deferred stripping at the Sigma
Mine; operating profits of the San Juan operations; financing costs incurred in 2006 but
not in 2007; and a small increase in corporate administration expenses, partially offset
by higher depreciation, amortization and accretion expenses.

The following table shows a comparison of expenses for the third quarter periods ended
September 30, 2007 and 2006, and for the nine-month periods ended September 30,
2007 and 2006.

Expenses Q3-2007 Q3-2006 9 months
2007 9 months 2006
$ $ $ $
Mining operations 15,663,435 6,785,537 33,642,581 22,722,895

Depreciation, amortization
and accretion 1,421,352 1,177,671 3,721,369 2,885,344
Amortization on deferred
finance fees - - - 1,081,620
Accretion on convertible
debentures - - - 144,800
Corporate administration 1,131,933 977,236 2,772,576 2,709,768
Interest on long-term notes 296,390 283,117 859,088 839,500
Other Interest 197,621 - 523,430 -
Interest on convertible
debentures - - - 113,302
Stock-based compensation 292,079 116,327 577,235 287,992
Total expenses 19,002,810 9,339,888 42,096,279 30,785,221


In the third quarter of 2007, expenses of $15,663,435 at the mining operations
accounted for 82% of total expenses of $19,002,810 before other items.

Depreciation, amortization and accretion expenses were $1,421,352 in the third quarter
of 2007 (2006 - $1,177,671), the majority of which related to accumulated amortization
on equipment, mining and plant equipment.

In the third quarter of 2007 corporate administration expenses were $1,131,933 (2006 -
$977,236).

8
In the third quarter of 2007, interest on long term notes was $296,390 (2006 - $283,117).
Payment of interest for the third quarter of 2007 has been deferred under an agreement
with the lender. All outstanding convertible debentures were converted in the first
quarter of 2006, and there was therefore $0 interest and fees on convertible debentures
for the first quarter of 2007 (2006 - $113,302, which the company elected to pay in
shares rather than cash (Note 11)).

In the third quarter of 2007 stock-based compensation expenses were $292,079 (2006 -
$116,327).

Other items in the third quarter of 2007 included a provision for unrealized losses on
derivative contracts of $1,046,221 (2006 – $Nil) and a foreign exchange gain of
$459,387 (2006 – loss $9,763).

Nine-month period ended September 30, 2007 compared to the same period in
2006

In the year-to-date period ended September 30, 2007 the Company reported an
operating profit from mining operations, before depreciation, amortization and accretion,
of $9,912,848 (2006 – $11,353,663) from gold revenues of $43,555,429 (2006 -
$34,076,558). Expenses incurred in these mining operations were $33,642,581 (2006 -
$22,722,895).

For the nine-month period ended September 30, 2007 the Company reported net
income of $2,203,859, or $0.02 per share, compared to a net income of $1,442,721 or
$0.01 per share in the same period of 2006.

In the year-to-date period of 2007, expenses of $33,642,581 at the mining operations
accounted for 80% of total expenses of $42,096,279 before other items.

In the nine-month period of 2007, the Company recorded production royalty expenses of
$0 (2006 - $66,300, which was recorded as a non-cash obligation in the first quarter).

Depreciation, amortization and accretion expenses were $3,721,369 in the year-to-date
period of 2007 (2006 - $2,885,344), the majority of which related to accumulated
amortization on equipment, mining and plant equipment.

In the year-to-date period of 2007, amortization on deferred finance fees was $0 (2006 -
$1,081,620). The balance of outstanding convertible debentures was converted in the
first quarter of 2006.

In 2004, the Company issued $8.50 million of 10% Convertible Debentures to finance, in
part, the acquisition of the Sigma-Lamaque Complex, and in 2005 issued a further $2.85
million of 10% Convertible Debentures to provide working capital for the Sigma Mine.
The maturity date was December 31, 2006 on both issuances. In March of 2006, the
Company forced conversion of the outstanding balance of the Convertible Debentures
after several partial conversions by the debenture holders. The fair value of the
conversion option associated with the Convertible Debentures is recorded as equity
portion in shareholders’ equity on the balance sheet (nil at March 31 and June 30, 2006
and $2,021,000 at December 31, 2005) while the accretion on the debentures is charged
9
to earnings ratably to maturity, which was $144,800 in the six-month period of 2006
following conversion.

In the nine-month period of 2007, corporate administration expenses were $2,772,576
(2006 - $2,709,768).

In the year to date period of 2007, interest on long-term notes held by Investissement
Québec was $859,088 (2006 – $839,500).

In the year to date period of 2007 stock-based compensation expenses were $577,235
(2006 - $287,992).

Other items expensed in the nine month period ended September 30, 2007 included a
provision for losses on derivative contracts of $730,146 (2006 – $1,724,475) and a
foreign exchange gain of $1,390,464 (2006 – loss $124,141).

Summary of Quarterly Results

The following table summarizes the Company’s operating results for each of the eight
most recently completed quarters:

Period Revenue ($) Net Income
(Loss) ($) Net Income (Loss) per
Share ($)
Q3-07 15,774,184 (3,813,332) (0.03)
Q2-07 14,656,374 4,037,376 0.03
Q1-07 13,124,871 1,979,815 0.02

Q4-06 11,059,159 2,554,626 0.02
Q3-06 11,045,950 1,696,299 0.01
Q2-06 11,878,882 (169,823) -
Q1-06 11,151,726 (83,755) (0.01)

Q4-05 9,612,458 (4,438,074) (0.10)

Liquidity and Capital Resources

The consolidated financial statements have been prepared on a going concern basis
which contemplates the realization of assets and satisfaction of liabilities and
commitments in the normal course of business. The continuing operations of the
Company are dependent upon raising additional financing, profitable operations, and
positive cash flow from future operations. The procurement of additional financing
through debt or equity markets is dependent on a continued robust gold market and
investor confidence in gold equities.

As at September 30, 2007 the Company had a working capital deficiency of $4,795,334
compared to a working capital deficiency of $8,252,865 at December 31, 2006.

Current assets increased by $453,002 from $9,432,845 at December 31, 2006 to
$9,885,847 at September 30, 2007. Cash and cash equivalents decreased from
10
$802,132 at the end of 2006 to $362,377 at September 30, 2007, a decrease of
$439,755. Accounts receivable increased from $2,947,037 at the end of 2006 to
$3,078,007 at September 30, 2007, an increase of $130,970. Inventories increased
from $3,016,834 at the end of 2006 to $4,550,564 at September 30, 2007, an increase
of $1,533,730. Prepaid expenses decreased from $2,518,642 at the end of 2006 to
$1,061,379 at September 30, 2007, a decrease of $1,457,263. A short-term investment
increased by $685,320 from $148,200 to $833,520 at September 30, 2007.

Current liabilities decreased by $3,004,529 from $17,685,710 at year end 2006 to
$14,681,181 at September 30, 2007. Accounts payable decreased from $10,544,655 at
the end of 2006 to $7,723,608 at September 30, 2007, a decrease of $2,821,047. The
working capital gold credit facility increased from $1,031,474 at the end of 2006 to
$2,069,982 at September 30, 2007, an increase of $1,038,508. Unrealized losses on
derivative contracts increased from $316,075 at the end of 2006 to $1,046,221 at
September 30, 2007, an increase of $730,146.

In 2004, the Company funded, in part, the acquisition of the Sigma-Lamaque Complex
by assuming a note of $13,544,000 from Investissement Québec (IQ) (Note 10). The
balance owing to IQ at September 30, 2007 is $14,313,518, which includes principal and
interest. Payment of interest for the third quarter of 2007 has been deferred under an
agreement with IQ. The long-term liability of this note is $14,313,518 at September 30,
2007. The current liability is $Nil.

The Company has a capital lease obligation on mining equipment of $10,425,674 at
September 30, 2007 (December 31, 2006 – $9,049,415).

Cash flows from operating activities

In the third quarter of 2007, before net changes to non-cash working capital balances,
cash flows used in operating activities were $1,516,375 (2006 – $2,990,297). After the
net change to non-cash working capital balances, cash flows used in operating activities
in the third quarter of 2007 were $6,262,752 (2006 – cash flows provided of $3,451,526).

In the nine-month period ended September 30, 2007, before net changes to non-cash
working capital balances, cash flows provided by operating activities were $6,535,641
(2006 – $6,596,709). After the net change to non-cash working capital balances, cash
flows provided by operating activities were $3,298,673 (2006 – cash flows used
$288,030).

Cash flows from financing activities

In the third quarter of 2007, net cash flows provided by financing activities were
$2,586,930 (2006 – cash flows used $2,153,345).

In the year to date period cash flows from financing activities were $18,694,403 (2006 -
$24,617,974). The issue of equity instruments provided $15,249,588 (2006 -
$28,988,333) Equity and debt financings are expected to provide the major sources of
funds for the Company until it generates sufficient cash flow from mining operations in
Canada and Peru to meet all its financial obligations and commitments.

11
Cash flows from investing activities

In the third quarter of 2007, cash flows used in investing activities were $4,235,163
(2006 - $6,343,467). In 2006, capitalized stripping costs were $3,525,473 in 2006 and
$Nil in 2007. Purchases and payments for properties and equipment was $2,422,407 in
the period this year (2006 - $2,367,751). Acquisition of mineral properties was
$1,159,086 (2006 - $450,243).

In the first nine months of 2007, cash flows used in investing activities was $22,432,831
(2006 - $21,702,766). Purchases and payments for properties and equipment was
$5,218,425 in the period this year (2006 - $8,633,108). Capitalized stripping costs were
$6,352,664 (2006 - $7,091,925). Capitalized mine development and exploration totaled
$7,594,782 (2006 - nil). The acquisition of mineral properties required $3,266,960 (2006
- $846,686).


In aggregate, cash flows from operating, financing and investing activities resulted in a
decrease in cash and cash equivalent of $7,910,985 in the third quarter of 2007
compared to a decrease in cash of $5,045,286 in the same period of 2006. When added
to cash and cash equivalent of $8,273,362 at the beginning of the quarter, cash and
cash equivalent at September 30, 2007 totaled $362,377 compared to $3,436,074 a
year earlier.

In the first nine months of this year cash and cash equivalents decreased by $439,755
compared to an increase in cash and cash equivalents of $2,627,178 in the same period
of 2006. When added to cash and cash equivalents of $802,132 at the beginning of the
period, cash and cash equivalents at September 30, 2007 was $362,377 compared to
$3,436,074 a year earlier.

Changes in Significant Accounting Policies

Operating Royalty Expenses
Pursuant to the Company’s buyback of the SGF royalty on gold production from the
Sigma-Lamaque Complex in April of 2006, the Company changed the policy of
recognizing non-cash operating royalty expenses from a fixed percentage based on the
spot price of gold to a unit-of-production basis, based on estimated proven and probable
reserves and measured and indicated resources.
12

Summarized Quarterly Data
Canadian dollars, except where noted

Three months
ended
September 30,
2007
Three months
ended
September 30,
2006
Nine months
ended
September 30,
2007
Nine months
ended
September 30,
2006
Income and cash flow
Total revenues 15,774,184 11,045,950 43,555,429 34,076,558
Total production costs 15,663,436 6,785,537 33,642,582 22,722,895
Operating profit 110,748 4,260,413 9,912,847 11,353,663
Net income (loss) (3,813,332) 1,696,299 2,203,859 1,442,721
Net income (loss) per share (0.03) 0.01 0.02 0.01
Cash flows from operating
activities (6,262,752) 3,451,526 3,298,673 (288,030)
Cash flows from investing
activities (4,235,163) (6,343,467) (22,432,831) (21,702,766)
Cash flows from financing
activities 2,586,930 (2,153,345) 18,694,403 24,617,974
Weighted average common
shares 138,812,522 115,678,241 130,810,868 100,388,901
Production
Tonnes of ore milled 354,114 356,389 1,064,364 1,054,539
Head grade (g/ton gold) 1.73 1.54 1.68 1.67
Recovery (%) 92.1 96.1 92.0 95.2
Recovered gold (oz) 17,877 16,952 54,640 53,906
Realized price (US$/oz gold) 671 581 660 558
Minesite cash cost (US$/oz
gold) 802 422 547 407
Minesite costs per tonne
milled (C$/tonne) 42.37 22.00 30.66 23.29



Summarized Quarterly and Year to Date Operating Data
By Mine


Production Q1-07 Q2-07 Q3-07 YTD 2007
Sigma-Lamaque
Tonnes of ore milled 317,000 360,230 333,013 1,010,243
Head grade (g/ton gold) 1.43 1.47 1.44 1.45
Recovery (%) 93.0 93.4 91.5 92.6
Recovered gold (oz) 14,515 17,132 14,082 45,729
Minesite cash cost (US$/oz
gold) $395 $454 $927* $581
Minesite costs per tonne
milled (C$/tonne) 21.16 28.08 41.16 29.91

San Juan
Tonnes of ore milled 14,000 19,030 21,101 54,131
Head grade (g/ton gold) 5.93 5.56 6.23 5.92
Recovery (%) 87.7 84.7 84.8 85.5
Recovered gold (oz) 2,234 2,882 3,795 8,911
Minesite cash cost (US$/oz
gold) $323 $305 $342 $324
Minesite costs per tonne
milled (C$/tonne) 56.92 52.41 61.51 57.12

* Open pit operations were shut down in early November. There was no deferred
stripping or capitalization for the third quarter. All costs were expensed.

13
Outstanding Share Data

As at November 29, 2007 the Company had 152,888,123 common shares issued and
outstanding. In addition, there were 20,259,821 shares reserved for issuance for the
exercise of warrants, and 6,658,750 shares reserved for issuance for the exercise of
stock options. Assuming exercise of all outstanding stock options and warrants, which
would result in approximately $34.4 million being added to the Company’s treasury,
there would be 179,806,694 shares on a fully diluted basis.

Transactions with Related Parties

As noted in the consolidated financial statements, the Company was involved in the
following related party transactions:

a) In 2007, the Company paid US$35,689 (2006 - $35,683) in office rent to a
company controlled by a director and officer and by a Family Trust of which a
director and officer is a trustee. The Company leased space from this company
on a month-to-month basis at US$3,985 per month.

b) Included in corporate administrative expenses are legal fees of $266,100 (2006 -
$310,268) paid to a firm which the Company’s Corporate Secretary is a partner.
At September 30, 2007 included in accounts payable was $138,381 (2006 -
$218,379) due to the legal firm.

c) The Company recorded income of $1,411,135 (2006 - $599,500) for
engineering, geological and other services provided to Tamerlane Ventures Inc.,
a company with common officers and directors of the Company. The above
income includes reimbursement for corporate administration expenses
associated with the cost of providing these services. During the second quarter,
the Company and Tamerlane reached an agreement to evenly share corporate
administration costs in the future.

d) Included in operating and exploration costs are rental fees of $76,295 (2006 -
$20,444) paid to an officer of the Company for the rental of trucks in Peru.

All related party transactions in the normal course of business have been measured at
the agreed upon exchange amounts, which is the amount of consideration established
and agreed to by the related parties. Exchange amounts approximate fair market
values.

Subsequent Events

Subsequent to the end of the second quarter:

a) The Company issued 13,000,000 shares pursuant to a non-brokered private
placement of units at a subscription price of $0.55 per unit for proceeds to the
Company of $7,150,000. Each unit comprises one common share and one-half
of one common share purchase warrant. Each whole common share purchase
warrant will entitle the holder to purchase an additional common share at an
exercise price of $0.75 per share for a period of 24 months.

14
b) The Company issued 70,000 shares pursuant to the exercise of 70,000
employee stock options for proceeds to the Company of $28,000.

c) The Company granted a total of 150,000 stock options at exercise prices of
$0.52 and $0.53 per share with vesting periods of 5 years to employees.

d) The Company cancelled a total of 570,000 stock options with exercise prices
varying from $0.40 to $0.86 per share.

e) In October, 2007 the Company terminated the option to purchase the
Huancacancha gold property in Peru for $24.5 million, which the Company had
announced in August, 2007.

f) The Company announced that it intends to complete a non-brokered private
placement of up to C$8.0 million comprised of C$4.0 million of flow-through
shares at C$0.50 per flow-through share and C$4.0 million of units at C$0.40 per
unit. Each unit will comprise one share and one-half share purchase warrant for
the common stock of Century, exercisable at a price of C$0.75 per share for a
24-month period from the date of issue.

g) In connection with the various civil and criminal proceedings initiated by Century
against Compañia Minera Poderosa S.A. and/or various of its directors and legal
representatives, and the criminal proceeding against various directors and legal
representatives of Compañia Minera Atacocha S.A. as reported in previous
reporting periods, notice of the following legal proceedings was received by the
Company or its subsidiary, Century Mining Peru S.A.C., in the period subsequent
to the end of the third quarter:
• Notice was received that Compañia Minera Poderosa S.A. had initiated
criminal proceedings (for false statements in a civil proceeding) against
the president of Century, Margaret Kent, and a legal representative of
Century Mining Peru S.A.C, Luis Felipe Bravo;
• Notice was received that Compañia Minera Atacocha S.A. had initiated
criminal proceedings (for false statement in a criminal proceeding) against
the president of Century, Margaret Kent; the Director of Acquisitions of
Century, Richard B. Meschke, and a legal representative of Century
Mining Peru S.A.C., Luis Felipe Bravo; and
• Notice was received that Compañia Minera Atacocha S.A. had initiated
criminal proceedings (for false statement in a civil proceeding) against the
president of Century, Margaret Kent, and the president of Century Mining
Peru S.A.C., Alex Vidaurre.
The Company considers each of the foregoing proceedings to be frivolous and
entirely without merit.

Evaluation of disclosure controls and procedures

Disclosure controls and procedures are designed to provide reasonable assurance that
all relevant information is gathered and reported to senior management, including the
Company’s Chief Executive Officer and Chief Financial Officer, on a timely basis so that
appropriate decisions can be made regarding public disclosure. As at the end of the
period covered by this MD&A, management of the Company, with the participation of the
Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of the
15
Company’s disclosure controls and procedures as required by Canadian securities laws.
Based on that evaluation, the Company‘s Chief Executive Officer and Chief Financial
Officer, recognizing that the Company has grown substantially, believe that the current
level of internal control policies and procedures is not adequate and needs to be
enhanced. The Company is formulating plans to address and implement additional
procedures over the next three months and will have these additional procedures and
controls in place by year end.

Risks and Uncertainties

The business of operating mines and exploring and developing mineral properties are
highly uncertain and risky by their very nature. The Company may require securing
additional equity and/or debt capital to maintain positive working capital and continue as
a going concern until such time as the Company generates substantial free cash flow
from its Sigma-Lamaque, San Juan and Rosario de Belen mining operations that will
contribute significantly to the Company’s cash requirements to meet all its financial
obligations and commitments. The Company will require securing additional equity and
debt financing to fund acquisitions of mining assets to grow the Company.

While a Company’s success may result from good fortune, it is more often dependent on
management’s knowledge and expertise and its ability to acquire profitable gold
producing assets, identify and advance attractive projects and targets from exploration
through development into production, as well as secure the necessary financing to fund
these activities. The Company continues to recruit well-qualified and experienced
professionals to manage its Canadian and Peruvian mining operations and growth of the
Company.

Regulatory standards continue to change, making the review and due diligence
processes longer, more complex, and more costly. Even if an apparently mineable
deposit is discovered, there is no assurance that it will ever reach production or be
profitable, as its results are influenced by many key factors, such as commodity prices
and foreign exchange rates, which cannot be controlled by management, as well as
more stringent environmental regulations. Due to high gold prices, the mining industry is
experiencing high demand for capital equipment, spare parts, consumables and
supplies, as well as for experienced professional staff and operating personnel, all of
which have an impact on operations.

While it is impossible to eliminate all of the risks associated with mining and exploration
and development, it is management’s intention to manage its affairs, to the extent
possible, to ensure that the Company’s assets are protected and that its efforts will result
in increased value for the Company’s shareholders. The Company assesses and
minimizes risks by applying high operating standards, including careful management and
planning of its facilities, hiring qualified personnel, establishing and maintaining
internationally recognized standards, performing independent audits, and purchasing
insurance policies.

In March 2006, the Company incorporated a wholly owned subsidiary, Century Mining
Peru S.A.C. and opened an office in Lima to pursue the acquisition of mineral properties
and mining assets. Carrying on business in Peru will expose the Company to risks and
uncertainties associated with operating in foreign countries, including political, financial
and other risks.
16

Outlook

Commencement of commercial production at the Sigma Mine in the second quarter of
2005 reflected growth of the Company from exploration and development to a gold
producer. Operations at the Sigma-Lamaque complex were expanded in May 2007
when the Company decided to pursue the opening of the Lamaque underground gold
mine. In addition, with the commencement of commercial production at the San Juan
Mine during the first quarter of 2007, that operation is contributing positive cash flow to
the Company and production levels are increasing.

In light of increasing costs and falling production levels of the Sigma open pit operation
in Québec, however, in November, 2007 the Company announced the discontinuation of
the open pit mine and the acceleration of the transition to underground mining at the
Sigma-Lamaque complex. The Company is currently evaluating the possibility of
resulting negative provisions to the Company’s financial statements and reserve reports.
This evaluation will be made in the fourth quarter after the Company assesses the
potential benefits of the open pit to allow for facilitated access to the Lamaque
underground.

In 2007, the Company plans to produce a total of 65,000 ounces of gold from Sigma,
Lamaque, San Juan, and Rosario de Belen. This forecast has been reduced from prior
estimates because of the because of the closure of the Company’s Sigma open pit
operation and a slower-than-expected ramp up of operations at Lamaque. The
Lamaque Mine is currently not in commercial production and the Company is
undertaking exploration and development on this operation.

The Company expects, as it transitions to complete the opening of the Lamaque
underground mine, that the Company will be able to more accurately predict production
on an annual basis. The Company’s work to date with the opening of the Lamaque
underground mine has produced better-than-expected results with respect to ore grade,
ore predictability and ground conditions.

The Company has purchased the companies that own and control the Shahuindo
property with the intent of exploiting this gold asset as quickly as possible. It is well
known that there has been litigation surrounding this property since 2003, and the
Company is committed to the vigorous pursuit of the Shahuindo litigation. The recent
favorable ruling of the Peruvian court as discussed in the Subsequent Events, while not
a final determination of the litigation, represents a major step forward for the Company
toward achievement of its goal of development of mining operations at this prime
resource property.

The Company is well positioned to grow in market value as management undertakes to
realize value on its existing portfolio of assets. The Company’s focus is to work diligently
to make the Lamaque underground operation a success and to complete the necessary
work to ensure a reserve life at Lamaque for many years.

17
Additional Information and Continuous Disclosure

This MD&A has been prepared as of November 29, 2007. Additional information on the
Company is available through regular filings of press releases, annual and quarterly
financial statements and its Annual Information Form on SEDAR (www.sedar.com).

[rationalmind]

Antwort auf Beitrag Nr.: 32.642.580 von rationalmind am 03.12.07 02:47:37

irgendwelche Meinungen zum Q3-Bericht?

[Rainolaus]

Antwort auf Beitrag Nr.: 32.668.295 von rationalmind am 05.12.07 09:08:48

hier hat keiner mehr eine Meinung zu dem was Peggy veranstaltet. Bin froh, dass ich neulich meine kleine Posi zu 0,52CAD rausgehauen habe.

[SpudBenzer]

Ist noch jemand ausser mir investiert in diesem Drecksladen oder bin ich der Börsenesel des Jahres 2007? Warum sollten Sulliden-Aktionäre Ende Januar diese Aktien haben wollen, wenn Century-Aktionäre die Aktien schon nicht mehr haben wollen? Kann mir das mal einer verraten?
Laut Auskunft bei Century hält Wega Mining seine Aktien noch. Ich glaube das nicht so ganz. Kann man das irgendwo überprüfen? Aber 30Mio.€? Das ist auch schon wieder zu billig, um den Dreck jetzt noch zu verkaufen, oder? Vielleicht verkaufe ich doch noch, dann habe ich endlich Ruhe.

Das ist einfach ein Scheiss Management. Hier werden die Aktionäre nur belogen und betrogen. Die Frau ist zu ungeduldig. Die hat keine Geduld so ein Unternehmen über Jahre hiweg langsam aufzubauen und mit den Gewinnen der bisherigen Produktion langsam zu wachsen. Nein, das muss alles auf Kosten der Aktionäre von heute auf morgen passieren...Meine Meinung.

(So, sorry, ich musste jetzt auch mal Frust abladen.)

[metallix]

Antwort auf Beitrag Nr.: 32.751.138 von SpudBenzer am 13.12.07 09:57:02

nein ich bin auch noch da....lass dem Laden noch ein bischen Zeit...wird schon irgendwann....habe mir gestern noch was dazugelegt.....
im monat nur 1x nachsehen das hilft.

Metallix
....Börsenesel 2 ?????
oder auch nicht

[SpudBenzer]

Antwort auf Beitrag Nr.: 32.756.829 von metallix am 13.12.07 17:39:09

Ich wollte grade schreiben, dass ich die Wahl zum Börsenesel des Jahres 2007 dankend annehme. Hier mein Preis:


Wie man es in so einem Gold-Bullenmarkt trotzdem schaffen kann, den Karren so festzufahren ist mir ein Rätsel. Die Frau Kent sollte nochmal durchfegen und den Laden besenrein hinterlassen. Jede(r) andere könnte es vermutlich besser machen.

[hans62]

Nanu, was gibts neues?
Bin auch noch dabei.

[neptuno123]

Antwort auf Beitrag Nr.: 33.014.783 von hans62 am 11.01.08 05:12:50

Century Mining Corp
Symbol CMM
Shares Issued 158,668,123
Close 2008-01-10 C$ 0.38
Recent Sedar Documents



Century Mining closes $2.8-million private placement


2008-01-10 19:18 ET - News Release

Ms. Margaret Kent reports

CENTURY MINING CLOSES FLOW-THROUGH SHARE FINANCINGS

Century Mining Corp., subject to regulatory approval, has closed a non-brokered private placement of 5.6 million flow-through shares at a subscription price of 50 cents per flow-through share for gross proceeds of $2.8-million. This financing was previously reported in Stockwatch news dated Nov. 21, 2007. Century paid a finder's fee of 6 per cent cash and broker warrants equal to 4 per cent of the number of flow-through shares purchased by investors introduced to the company. All of the securities issued under this private placement are subject to a four-month hold period. The proceeds of this flow-through share financing will be used for exploration at the company's Lamaque properties in Quebec.

Subject to regulatory approval, Century has also closed a non-brokered private placement of 3,154,715 flow-through shares at a subscription price of 35 cents per flow-through share for gross proceeds of $1,104,150. This financing was previously reported in Stockwatch news dated Dec. 24, 2007. For introducing certain investors to the company, Century paid a 6-per-cent cash finder's fee. All of the securities issued under this private placement are subject to a four-month hold period. The proceeds of this flow-through-share financing will be used for exploration on and near the company's Lamaque properties in Quebec.

We seek Safe Harbor.

[Rainolaus]

eben 347000 im bid z 0,47 (!)

neue geheime News? Neue Akquisition?


Century Mining to resume at 10:30 a.m. PT

2008-01-11 12:45 ET - Resume Trading

[Rainolaus]

[metallix]

Century announces updated NI 43-101 reserves and technical report for the Lamaque mine
Friday January 11, 12:34 pm ET


<< -Company reports total proven and probable reserves of 1.13 million oz.- Additional measured and indicated resources of 624,000 oz. and additional inferred resources totaling 2.8 million oz. >>
BLAINE, WA, Jan. 11 /CNW/ - Century Mining Corporation (CMM: TSX-V) announced today it has received an updated NI 43-101 compliant reserve and resource report and technical study authored by Mr. Callum Mark, M.Sc., P.Geo. of Clearwater Resources Ltd. (CRL), designated as the Qualified Person, for the Lamaque underground mine located in Val d'Or, Quebec. The new reserve and resource estimates and technical report were produced from data compilation that has been ongoing for the last 12 months, underground development and exploration work, and confirmation of actual operating costs incurred since the underground mine commenced operations in May 2007. The new technical report for Sigma and Lamaque meets NI 43-101 disclosure standards. The updated report incorporates current mine plans and operating scenarios for the ramp up of production at the Lamaque operation.
ADVERTISEMENT


"We are extremely pleased with the results of the NI 43-101 technical report, which substantiates the significant reserves and resources remaining at Lamaque. It should be noted that assuming a gold price of US$800 per ounce and using an exchange rate at par US$/C$, the internal rate of return for the Lamaque project is 232%, and the net present value of the mine operation (using discounted cash flow analysis at a discount rate of 5%) is C$297 million. The Lamaque operation will become an important part of the Company's future, providing Century with substantial production in an environment with no political risk, a highly skilled workforce and exceptional additional exploration potential. We believe that the results of this study will substantiate to current shareholders and future investors the value of this asset," said Margaret Kent, President and CEO of Century.


Highlights
----------

(All amounts expressed in Canadian dollars, except where indicated)

-------------------------------------------------------------------------
Mineral reserves (gold ounces)................................ 1,134,971
Estimated capital expenditures (year 1).................... $9.1 million
Estimated capital expenditures (years 2-4).................. $54 million
Ramp up period (to reach 3,000 tpd)........................... 36 months
Break even period.............................................. 8 months
Total operating cost per tonne(x)
(1,000 tonnes per day production rate).......................... $70.12
Total operating cost per tonne(x)
(2,000 tonnes per day production rate).......................... $57.86
Total operating cost per tonne(x)
(3,000 tonnes per day production rate).......................... $53.14
West Plug....................................................... $25.55
Cumulative pretax operating cash flow...................... $745 million
Internal rate of return............................................ 232%
Average production rate (tonnes of ore per day
at full production)............................................. 3,000
Average life of mine gold grade (grams/tonne)..................... 4.38
Average life of mine gold production (oz/year)................. 146,000
Mine life.................................................... 10+ years

(x)Includes ongoing exploration expenses
-------------------------------------------------------------------------

The project contains the following mineral inventory:

-------------------------------------------------------------------------
Mineral Inventory Summary Tonnes Grade Gold ounces
grams/tonne
-------------------------------------------------------------------------
Proven and probable reserves 7,736,181 4.56 1,134,971
-------------------------------------------------------------------------
Measured and indicated resources 3,687,308 5.27 624,201
-------------------------------------------------------------------------
Inferred resources 17,839,915 4.83 2,832,389
-------------------------------------------------------------------------

Century is currently in the process of ramping up production at the Lamaque underground operation. Development work to refurbish existing infrastructure at Lamaque has been ongoing since May 2007, and will continue through 2012 when the Lamaque No.3 winze is expected to be complete. It is the opinion of CRL that the capital cost estimates included in the technical report are of a high confidence level, due to the fact that the majority of the mine infrastructure and the mill are in place and that most of the capital expenditures are for underground mine development and shaft refurbishment.
Century's goal is to ramp up production at Lamaque, with the ultimate goal of reaching annual production of 140,000 - 160,000 ounces of gold, which is less than the historic production rate of the combined mining operations (the Sigma underground mine and the Lamaque underground mine, which are now referred to collectively as Lamaque). The Company currently has the required technical staff in place to operate the mine. The Company is implementing an aggressive recruiting campaign to add the underground employees necessary to reach these production levels. The recruitment of underground employees is a key factor in reaching the Company's production targets.

The Company commenced a comprehensive digital scanning and 3D modeling project in mid-2007 to organize the large volume of historical information from the Sigma and Lamaque mines, which includes approximately 15,000 maps and sections, and about 35,000 drill holes. The output from this project was instrumental in defining the reserves and resources announced today, and, along with future drilling results, will be the basis for future technical reports to continually add to the mineral reserves and resources at Lamaque.


History
-------


In September 2004, the Company purchased the Sigma-Lamaque Complex, including the Sigma and Lamaque mineral deposits, the 5,000 tonnes per day CIP plant and associated infrastructure, and 12.6 sq. miles of surrounding exploration properties. Commercial open pit production at the Sigma mine began in May 2005 and continued through November 2007, during which time Century produced a total of 158,000 ounces of gold at an average cash cost of US$455 per ounce. The open pit operation was shut down in November 2007 as a result of high production costs.
Sigma and Lamaque underground mines

-----------------------------------

The Sigma-Lamaque Complex has produced a total of 9.4 million ounces of gold from open pit and underground operations. The Sigma Mine was in continuous operation as an underground mine from 1937 to the third quarter of 2000. Total mine production from Sigma by all previous owners until mine closure was 24.8 million tonnes of ore with an average grade of 5.48 g/t gold for a total of 4.4 million ounces of gold. The adjacent Lamaque underground mine, which is part of the same vein system, operated from 1935 to 1985, with total mine production of approximately 24.2 million tonnes of ore at an average grade of 5.81 g/t Au for a total of 4.55 million ounces of gold. The mine was closed by Teck Corporation in 1985 due to low gold prices and a labor dispute. Century commenced an exploration and development program at the Lamaque underground mine in March 2006 and reopened the mine in May 2007.


Surface and underground infrastructure
--------------------------------------


Existing facilities at the site include a 5,000 tonnes per day processing plant, building complexes that include a warehouse, truck shop, maintenance shop, mine dry, assay laboratory, explosives magazine, 25KV electrical power line, ventilation raise, service raise, ramp access and other facilities.

Other work completed to date includes:
- Installation of electrical, air and ventilation services to support
mining operations of 1,200 tonnes per day.
- Procurement of underground mining equipment for mining operations of
up to 700 tonnes per day.
- Procurement of an underground diamond drill and a surface RC drill for
exploration in the camp.
- Development of a pit portal and haulage drift between the Sigma Pit
and the Lamaque No.2 Mine.

Mineral reserves and resources
------------------------------


The Lamaque deposit is a vein type deposit located in the eastern end of the Abitibi belt. The Lamaque Complex covers an area of about one square mile, and descends to a known depth in excess of 6,000 feet. Mineral reserves and resource estimations have been classified in accordance with NI 43-101 standards.
Ore Reserve Calculation Methodology

-----------------------------------

Century decided in 2007 to incorporate all of the data for both the Sigma and Lamaque mines into a single 3D computer model. The computer model, which was used for the Sigma open pit mine is generally complete for the upper portion of the Sigma Mine. It is expected that a model will be developed that will encompass all of the estimated 15,000 maps and sections and the 35,000 drill holes in the Lamaque and Sigma records. The time for completion is estimated to be the end of 2008.

The current mineral inventory was produced both by hand calculation and computer modeling. The Cross-Over, North Wall, Road and Sigma West zones were produced using computer inverse distance squared interpolation of grades into a block model. Moil (channel) samples were not used in this calculation, but are available in Century's database. This mineral inventory was compiled from the block model using a 2.5 g/tonne Au cut-off. The modeling assumptions used were refined by reconciliation of the modeled resource to the recovered ounces of gold until a highly accurate model was achieved, based on over 6 million tonnes of ore production from the open pit.

The mineral inventory for the Sigma, Lamaque and Lamaque No. 2 mines was calculated by hand using polygons and assay weighted averages from original geologic data including long sections, cross sections, assay plans, stope plans and diamond drill logs. A 2.5 g/tonne Au cut off was used in substantially all cases, however, some selected larger but lower grade blocks have been included due to the lower costs of bulk mining. High assay values were cut to 34.29 gm (1 ounce/tonne). This cutting procedure was employed historically by both Lamaque and Sigma with great success. Geostatistical analysis of gold sample data undertaken by Placer Dome in the 1990's confirmed the validity of the cutting factor based on assay populations.

The following tables summarize the current NI 43-101 mineral inventory:


Lamaque mineral reserve estimate
--------------------------------

-------------------------------------------------------------------------
Underground Tonnes Grade Cutoff
grams Au/ Gold grams Au/
tonne Ounces tonne
-------------------------------------------------------------------------
Proven Reserves
-------------------------------------------------------------------------
Sigma Below Open Pit 1,440,952 5.47 253,417 2.5
Lamaque Main Mine 455,688 5.64 82,631 2.5
Lamaque No.2 Mine 29,525 4.13 3,920 2.5
Sigma North Wall(x) 447,090 4.38 62,960 2.5
Sigma West(x) 43,738 4.35 6,117 2.5
-------------------------------------------------------------------------
Total Proven
Underground
Reserves 2,416,993 5.26 409,045
-------------------------------------------------------------------------
-------------------------------------------------------------------------

Probable Reserves
-------------------------------------------------------------------------
Sigma Below Open Pit 2,860,787 4.73 435,055 2.5
Lamaque Main Mine 119,142 4.35 16,663 2.5
Lamaque No.2 Mine 73,032 6.92 16,249 2.5
Sigma North Wall(x) 1,357,237 4.44 193,748 2.5
Sigma West(x) 106,964 4.65 15,991 2.5
-------------------------------------------------------------------------
Total Probable
Underground
Reserves 4,517,162 4.67 677,706
-------------------------------------------------------------------------
-------------------------------------------------------------------------

Open Pit
-------------------------------------------------------------------------
Probable Reserves
West Plug (Lamaque Crown
pillar) 802,026 1.87 48,220
-------------------------------------------------------------------------


-------------------------------------------------------------------------
-------------------------------------------------------------------------
Total
Mineral Reserves 7,736,181 4.56 1,134,971
-------------------------------------------------------------------------
-------------------------------------------------------------------------


Lamaque measured and indicated resource estimate
------------------------------------------------

-------------------------------------------------------------------------
Underground Tonnes Grade Cutoff
grams Au/ Gold grams Au/
tonne Ounces tonne
-------------------------------------------------------------------------
Measured Resources
-------------------------------------------------------------------------
Cross Over Zone(x) 600,572 5.21 100,601 2.5
Road Zone(x) 160,122 4.61 23,733 2.5
-------------------------------------------------------------------------
Total Measured 760,694 5.08 124,334

-------------------------------------------------------------------------
Indicated Resources
-------------------------------------------------------------------------
Cross Over Zone(x) 2,501,621 5.34 429,497 2.5
Road Zone(x) 424,993 5.15 70,370 2.5
-------------------------------------------------------------------------
Total Indicated Resource 2,926,614 5.31 499,867
-------------------------------------------------------------------------


-------------------------------------------------------------------------
-------------------------------------------------------------------------
Total Measured and
Indicated Resources 3,687,308 5.27 624,201
-------------------------------------------------------------------------
-------------------------------------------------------------------------


Lamaque inferred resource estimate
----------------------------------

-------------------------------------------------------------------------
Underground Tonnes Grade Cutoff
grams Au/ Gold grams Au/
tonne Ounces tonne
-------------------------------------------------------------------------
Inferred Resources
-------------------------------------------------------------------------
Sigma Below Open Pit 5,934,762 5.36 1,022,741 2.5
Lamaque Main Mine 165,699 5.57 29,674 2.5
Lamaque No.2 Mine 47,525 3.67 5,608 2.5
Cross Over(x) 7,179,660 4.88 1,126,475 2.5
Sigma North Wall(x) 2,830,317 4.48 407,672 2.5
Road Zone(x) 952,048 4.83 147,844 2.5
Sigma West(x) 456,214 4.87 71,432 2.5
-------------------------------------------------------------------------
Total Underground
Inferred Resources 17,566,225 4.98 2,811,446
-------------------------------------------------------------------------

Open Pit Inferred
West Plug 273,690 2.38 20,943
-------------------------------------------------------------------------


-------------------------------------------------------------------------
-------------------------------------------------------------------------
Total Inferred
Resources 17,839,915 4.83 2,832,389
-------------------------------------------------------------------------
-------------------------------------------------------------------------

(x)The Vulcan model used in this calculation is based on information
originally assembled by Placer Dome, refined by McWatters and further
refined by Century. The model was originally designed for open pit
mining of the Sigma open pit and as such requires refinement to be
applied to selective underground mining. On examination Century has
found there may be small omissions of old stoping, moils (channel
samples) and diamond drill holes. Verification of data started in 2007
and results to date indicate that the omissions are minor and should
not materially affect the reserve/resource estimate. Full verification
will be completed in conjunction with the completion of the full 3D
model in late 2008.

Underground mine operations
---------------------------


The underground operation will be ramped up to sustain an ultimate daily production rate of 3,000 tonnes of ore, 7 days a week, 360 days a year.
Typical mining methods planned include conventional mining using jacklegs and slushers for flat stopes and long hole stoping with jumbo drifting on top and bottom sills, 2 - 3.5 inch vertical holes, development of open end slots and end blasting. Ore will be transported to surface through one of 3 planned ramps into the open pit or hoisted to surface using the No.2 shaft when refurbished. Run-of-mine ore will be stockpiled and re-loaded on surface trucks and hauled directly to the mill.


Open pit mine operations
------------------------


The West Plug deposit is scheduled for pre-stripping and mining using conventional open pit equipment. The Company has extensive open pit experience from mining the open pit at Sigma. Good ore control is expected since all mineralization is in structures and there has been no previous underground mining in the open pit shell. Planned production is to mine 11,500 tonnes per day of ore and waste and total operations are expected to be completed over 18 months. Ore will be stockpiled and used to supplement mill tonnage.

Ore processing
--------------


Processing of ore will be performed at existing facilities, which contain conventional rod mill and ball mill grinding, gravity concentration of coarse gold and a standard aerated leach cyanidation and carbon-in-pulp circuit. The permanent fine crushing circuit is scheduled for installation in 2009, which will support the plant maximum capacity of 3,400 tonnes per day at 96% recovery.
The existing crushing circuit will be replaced by a standard three stage crushing circuit, which is currently being engineered. In the interim (6-12 months) a portable crushing circuit will be leased to satisfy the crushing requirements with the crushed product fed directly to the rod mill.


Environmental compliance
------------------------


The planned berm raises at the tailings storage facility are rated for 623,000 m(3) of solid storage. The long-term storage design is under review given the reduced tonnage.
In addition to the existing environmental permits for mining 5,000 tonnes per day from open pit and 400 tonnes per day from the Lamaque underground, Century has applied for permits to expand Lamaque production to an immediate 1,200 tonnes per day with dewatering to maintain the current underground water elevation, and 2,000 tonnes per day from the Sigma underground mine which includes portal access to the North Wall and Sigma West areas from the Sigma pit. Century has initiated permitting for dewatering to access lower levels at Sigma and Lamaque, which is pending ministry guidance on possible discharge locations. The Company will need to obtain additional permits and modifications for the West Plug and the ongoing proposed underground mining plan, milling rates and tailings management.


Project schedule
----------------


The project schedule estimates that production will be approximately 700 tonnes per day in June 2008, and steadily increase to 1,800 tonnes per day in the second quarter of 2009, and 3,000 tonnes per day in the second quarter of 2010.


To view Project schedule chart please visit:
http://files.newswire.ca/669/centurybargraph.doc

Capital costs on a yearly basis for production ramp up to 3,000 tonnes
per day
----------------------------------------------------------------------

-------------------------------------------------------------------------
CAPITAL EXPENSES 2008 2009 2010 2011 TOTAL
-------------------------------------------------------------------------

CAPITAL COST
Mine Development
Shaft - Access,
Refurbishment
&
Facilities $1,351,968 $ 2,122,790 $10,727,045 $ 9,194,336 $23,396,139
West Plug $ 400,000 $ 4,705,000 $ 2,614,000 $ - $ 7,719,000
Underground
Mine
Development $2,720,000 $ 2,720,000 $ 2,720,000 $ 2,720,000 $10,880,000
Mine
equipment $1,839,238 $ 1,364,710 $ 1,364,710 $ 1,364,710 $ 5,933,368
Plant &
Infra-
structure $ - $ - $ - $ - $ -
Mill
Construc-
tion $ 144,000 $ 1,300,000 $ - $ - $ 1,444,000
Plant
ancillary $1,646,500 $ 1,399,000 $ 1,171,000 $ 1,031,000 $ 5,247,500
-------------------------------------------------------------------------
Total
Direct
Costs $8,101,705 $13,611,500 $18,596,755 $14,310,046 $54,620,007
-------------------------------------------------------------------------
E.P.C.M. $ - $ 100,000 $ 166,393 $ 182,000 $ 448,393
Sustaining
Capital $ 200,000 $ 800,000 $ 800,000 $ 200,000 $ 2,000,000
Owners Cost $ - $ 110,000 $ 183,032 $ 200,200 $ 493,232
-------------------------------------------------------------------------
Total Indirect
Direct Costs $ 200,000 $ 1,010,000 $ 1,149,426 $ 582,200 $ 2,941,626
-------------------------------------------------------------------------
Contingency
(10%)
Continenecy $ 830,171 $ 1,462,150 $ 1,974,618 $ 1,489,225 $ 5,756,163
-------------------------------------------------------------------------
TOTAL $9,131,876 $16,083,650 $21,720,798 $16,381,471 $63,317,795
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Less Operating
Leases $2,729,738 $ 5,793,710 $ 4,824,710 $ 2,395,710 $15,743,868
-------------------------------------------------------------------------
NET CAPITAL $6,402,138 $10,289,940 $16,896,089 $13,985,761 $47,573,928
-------------------------------------------------------------------------
-------------------------------------------------------------------------

Sustaining capital from 2012 and after
--------------------------------------

-----------------------------------------------
SUSTAINING CAPITAL 2012 FORWARD
-----------------------------------------------

Sustaining Capital $ 38,385,533

-----------------------------------------------
-----------------------------------------------

Capital costs are primarily for re-establishment of past underground infrastructure, in-pit portal access and mill conversion to a standard rod mill/ball mill circuit. Shaft development includes cut and fill from existing pit topography, the installation of ground control to provide safe access to the number 2 shaft collar and site preparation for surfaces suitable for a head frame and service structures. Shaft refurbishment includes clearing rock and debris, re-timbering, loading pocket rehabilitation and installing a head frame and hoist system. Refurbishing number 3 Winze includes rehabilitation of ground control (in the hoist room), equipment, ore transfers and loading pocket.
Other capital expenditures include ongoing mine development, underground and surface mobile equipment, tailings lift construction, dewatering and water management, and mill conversion to a rod mill/ball mill circuit.

Direct cost estimates for the shaft rehabilitation are derived from recent vendor estimates and actual operating costs incurred to date. Quotes have been received for the necessary major mine and process equipment, and costs for further underground development are based on actual productivity achieved on site.

It is anticipated that all underground development will be performed by Century's own staff. Mining operations will be performed by Century using a combination of existing and leased equipment, and therefore no capital investment has been planned for major mining equipment.


Operating costs
---------------

Operating costs at various production levels

-------------------------------------------------------------
Production level 1000 tpd 2000 tpd 3000 tpd West Plug
-------------------------------------------------------------
$/TONNE $/TONNE $/TONNE $/TONNE
-------------------------------------------------------------
Mining (excluding Fuel) $ 37.28 $ 30.28 $ 26.67 $ 15.00
Milling - Processing $ 14.90 $ 11.10 $ 9.31 $ 8.00
Services (excluding fuel) $ 5.57 $ 4.95 $ 5.06
G&A (inc equip finance) $ 8.49 $ 7.26 $ 7.50
Reclamation $ 0.50 $ 0.50 $ 0.50
Fuel (mobile equipment) $ 1.80 $ 2.18 $ 2.52 $ 2.50
Refining & Transportation $ 0.09 $ 0.09 $ 0.09 $ 0.05
Exploration $ 1.50 $ 1.50 $ 1.50
------------------------------------------------------------- ----------
TOTAL $ 70.12 $ 57.86 $ 53.14 $ 25.55
------------------------------------------------------------- ----------
------------------------------------------------------------- ----------

Operating costs per tonne have been estimated to cover three production levels (1,000 tpd, 2,000 tpd and 3,000 tpd) as the operation is ramped up over the next 3 years. Operating costs have also been established for the West Plug operation. These benchmark costs were used as the basis to calculate operating costs per year, adjusted for the daily tonnage estimates. Operating costs have been derived from actual operating costs experienced to date and projected operating costs are based on future mine plans and equivalent industry costs. Open pit costs are derived from operating experience at the Sigma pit. Costs assume that the US$/C$ remain at par and that oil tracks at US$95.00 per barrel.
Economic model

--------------

A simple economic model has been created and reviewed based on mineral reserves for the Lamaque mine and the proposed production schedule. This includes a scenario to quickly advance the project to a break even production stage (estimated Fall 2008), and ultimately to a production rate of 3,000 tonnes per day (2011).


-------------------------------------------------------------------------
Assumptions: gold price of US$800/oz. and US$/C$ exchange rate of
1.00, 12 year initial mine life

Tonnes per day milled 2,800 Initial capital $9.1 million
(avg. over mine life) (C$)(year 1)
Average gold grade (g/t) 4.38 Cumulative pretax $745 million
operating cash
flow (C$)
Average mill recovery (%) 96% NPV (at) 0% (C$) $430 million
Average gold
production (oz Au/yr.) 146,000 NPV (at) 5% (C$) $297 million
Average cash cost over
mine life (US$/oz) $400-$425 IRR (%) 232%
-------------------------------------------------------------------------

Notes: 1. The above economic model assumes 100% debt financing, at an
annual interest rate of 8.5%.
2. The minimum payback period is calculated by a full excess
cash flow sweep.

The economics of the project are mainly sensitive to fluctuations in ore grade and dilution.
Additional potential

--------------------

Century owns exploration properties totaling 12.6 square kilometers proximal to the Sigma-Lamaque mine of which 7.8 square kilometers are contiguous with the east side of the mine (see image 2). The remaining exploration area includes two mines, the Aumaque mine and the Sigma II mine. The properties contiguous with the mine have a number of gold showings and high-grade gold intersections, and the Aumaque underground mine (existing shaft), which was last examined in 1988, has a small historical resource associated with it. The Sigma II mine, located south of the Louvicourt mine, was mined by open pit and the ore was trucked to the Sigma mill for processing. Century will re-evaluate the future potential of Sigma II, based on favorable trends in metals prices. Sigma II is a potential source of open pit and/or underground ore for the Sigma-Lamaque mill.

Additional information

----------------------

Four images are attached showing existing underground and surface operations. A full NI 43-101 technical report will be posted on SEDAR and the Company's website within 45 days following this press release.

Century Mining Limited (TSXV:CMM) retained Clearwater Resources Ltd. (CRL) in September 2007 to prepare an independent NI 43-101 compliant technical report on the Sigma-Lamaque Mine. CLR is an exploration and mining consultancy providing consulting services to the mining industry.

The report was prepared to NI 43-101 standards by Callum Mark M.Sc., P.Geo., who is designated as a Qualified Person, and is based in part on the author's first-hand experience with both the Lamaque and Sigma operations over a 20 year period during the 1970's and subsequent years. Mr. Mark was Chief Geologist for the Lamaque Mining Company Ltd., a wholly owned subsidiary of Teck Corporation from 1972 through 1974.

Further involvement with the Sigma Mine occurred from 1977 through 1979 when the author was the Chief Geologist for Campbell Red Lake Mines Ltd. a sister company within the Dome Mines Group. The relationship with Lamaque and Sigma continued through the 1980's in collaboration with various colleagues and consultants providing services to Teck Corporation and Placer Dome. The author had no involvement after the property was sold by Placer Dome.

This press release was prepared under the guidance of Mr. Ross Burns, P Geo., LG, Vice President of Exploration, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.

Investor conference call

------------------------

Management will host a conference call on Monday, January 14 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time) to discuss the details of this press release and future developments at its operations in Québec and Peru. Mining analysts, investors and the media are invited to phone [phone], or 1-517-308-9001 if outside Canada and the U.S.A., followed by the pass code 4997201 approximately 5 minutes before the start of management's presentation. The presentation will be followed by a question and answer period. A replay of the conference call can be heard through Monday, January 21 by dialing 1-800-846-6092, or from outside North America 1-402-998-1136.

About Century Mining Corporation

Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Lamaque mine in Québec that historically has produced over 9.4 million ounces of gold. In Peru, Century wholly-owned subsidiaries own an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. Century subsidiaries have also recently acquired Rosario de Belen where it accounts for 100% of both gold and silver production. Century's growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.


"Margaret M. Kent"

Chairman, President & CEO


Lamaque images available at http://files.newswire.ca/669/centurySLpics.doc

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this press
release.

Caution Concerning Forward-Looking Information


This press release contains forward looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and information and accordingly, readers should not place undue reliance on such statements and information. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis included in this Annual Report, in our Annual Information Form and in other filings made by us with the Securities and Exchange Commission and with Canadian securities regulatory authorities and available at www.sedar.com.
While the Company believes that the expectations expressed by such forward-looking statements and forward-looking information and the assumptions, estimates, opinions and analysis underlying such expectations are reasonable, there can be no assurance that they will prove to be correct. In evaluating forward-looking statements and information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward-looking statements and forward-looking information.

For further information

For further investor information, please contact: Brent Jones, Manager of Investor Relations, E-mail: [e-mail], Phone: [phone] or [phone], Fax: [phone], Website: www.centurymining.com

Gruss,
Metallix

[Rainolaus]

Antwort auf Beitrag Nr.: 33.025.088 von metallix am 11.01.08 19:59:17

zu Lamaque?

Grübel, gab´s da nicht schon längst was, nur keiner hat die Gold-Adern getroffen bzw. so recht finden können?

1,5 Mio gehandelte Stücke bis jetzt ist ja ganz ordentlich...

Kurs kommt aber schon wieder zurück.

[metallix]

Antwort auf Beitrag Nr.: 33.025.180 von Rainolaus am 11.01.08 20:05:47

warten wirs mal ab

Metallix

[Rainolaus]

Antwort auf Beitrag Nr.: 33.025.238 von metallix am 11.01.08 20:09:49

wünsche Dir/Euch in jedem Fall viel Glück mit CMM.

[metallix]

Antwort auf Beitrag Nr.: 33.025.335 von Rainolaus am 11.01.08 20:15:59

Danke, bist Du nicht mehr dabei ???

ich habe zuletzt noch günstig verbilligt





Gruss,
Metallix

[Rainolaus]

Antwort auf Beitrag Nr.: 33.025.393 von metallix am 11.01.08 20:21:56

Nein. Hatte ich neulich geschrieben, dass ich nach einem Neu-Einstieg wieder sofort raus war mit Mini-Verlust.
Bin seit Wochen mit Haus und Hof in Castle Gold (CSG). 2 produzierende Minen in Mexiko (News zur 2ten Mine kam gestern abend), MK 55 Mio CAD, nachgewiesene Resourcen und dieses Jahr 40000 Unzen Abbau in 2008.
Da fühle ich mich besser als bei CMM. Habe auch irgendwie das Vetrauen in Meggi verloren, egal was als News rauskommen würde. Die ewigen Verfehlungen bei der Jahresproduktion und der daraus resultierende Vertrauensverluist geht nicht von heute auf morgen weg. Geht sicher nicht nur mir so.

[hans62]

[SpudBenzer]

Antwort auf Beitrag Nr.: 33.049.657 von hans62 am 15.01.08 09:59:06

Was guckst Du?
Glückwunsch an Metallix. Seinen Nachkauf von Mitte Dezember hat er wahrscheinlich schon verdoppelt. So viel Mut hatte ich nicht, noch nachzukaufen, aber wenigstens habe ich auch nichts verkauft.

[metallix]

Antwort auf Beitrag Nr.: 33.049.800 von SpudBenzer am 15.01.08 10:09:41

Danke für die Blumen...

Metallix

[Rainolaus]

Sulliden plans Shahuindo exploration, Century backs down

1/28/2008 2:59:00 PM ET Related symbols: T.SUE V.CMM
Stockwatch

Mr. John Kearney reports

CENTURY WITHDRAWS OFFER; SULLIDEN ANNOUNCES FUTURE PLANS FOR SHAHUINDO

Century Mining Corp. has withdrawn its takeover bid for Sulliden Exploration Inc. Sulliden understands that an overwhelming majority of Sulliden shareholders had rejected, or intended to reject, the Century offer, which was set to expire on Jan. 30, and very few, if any, shareholders had tendered to the offer.

As stated in the notice of change of the directors' circular dated Jan. 24, 2008, the board of directors believes that pursuing Sulliden's existing strategy to continue with exploration of Shahuindo will ultimately generate the greatest value for Sulliden shareholders. The board of directors will also continue to aggressively defend the legal ownership rights of Sulliden and the Shahuindo property and pursue all rational options to end the litigation in a timely manner.

Sulliden has been very successful in the exploration of the Shahuindo property and Sulliden has successfully demonstrated its ability to increase the gold and silver resources at Shahuindo through technically sound exploration and development programs. Since it acquired the property in 2002, Sulliden has carried out extensive exploration, including drill programs in 2003 and 2004. This exploration has significantly expanded the resource at Shahuindo.

[Rainolaus]

könnte mir vorstellen, dass alte Low nochmal getestet wird:

[metallix]

Dann geh ich auch wieder rein...

Metallix

[Rainolaus]

WEGA verkauft:


Feb 12/08 Feb 11/08 Wega Mining ASA Direct Ownership Common Shares 10 - Disposition in the public market -73,500 $0.277
Feb 12/08 Feb 08/08 Wega Mining ASA Direct Ownership Common Shares 10 - Disposition in the public market -37,000 $0.286
Feb 12/08 Feb 07/08 Wega Mining ASA Direct Ownership Common Shares 10 - Disposition in the public market -180,500 $0.277
Feb 12/08 Feb 06/08 Wega Mining ASA Direct Ownership Common Shares 10 - Disposition in the public market -83,000 $0.283
Feb 12/08 Feb 05/08 Wega Mining ASA Direct Ownership Common Shares 10 - Disposition in the public market -21,500 $0.303
Feb 12/08 Feb 04/08 Wega Mining ASA Direct Ownership Common Shares 10 - Disposition in the public market -10,000 $0.328
Feb 12/08 Feb 01/08 Wega Mining ASA Direct Ownership Common Shares 10 - Disposition in the public market -33,000 $0.325

[Wiewel2005]

Antwort auf Beitrag Nr.: 33.359.208 von Rainolaus am 13.02.08 19:56:23

sind doch nur 70% Verlust die da realisiert werden das kann Wega verkraften

[Rainolaus]

Antwort auf Beitrag Nr.: 33.359.688 von Wiewel2005 am 13.02.08 20:29:09

echt schade, dass die immer noch diese Tussi als Boss haben, sonst könnte man jetzt glatt ein paar CMM kaufen, wenn das Management fähiger + glaubwürdiger wäre.

[neuflostein]

Antwort auf Beitrag Nr.: 33.425.107 von Rainolaus am 20.02.08 16:32:16

Habe vor einiger Zeit leider noch ein paar cmm gekauft, hatte gedacht, dass bei $0,48 ungefähr der Boden erreicht war. Nun ja, er war es noch nicht.

Mittlerweile rechne ich mit dem schlimmsten, die Insolvenz scheint nicht mehr unbedingt weit weg zu sein. Und das bei fast $1000 pro Unze

[cardiac]

Century Mining Files Full Lamaque Technical Report
Tuesday February 26, 3:39 pm ET

BLAINE, WA, Feb. 26 /CNW/ - Century Mining Corporation (CMM: TSX-V) announced that it has submitted for filing on SEDAR the complete updated NI 43-101 compliant reserve and resource report and technical study authored by Mr. Callum Mark, M.Sc., P.Geo. of Clearwater Resources Ltd., designated as the Qualified Person for the Lamaque underground mine located in Val d'Or, Quebec.

Century has succeeded in increasing production from the Lamaque underground mine from 5,137 tonnes of ore in October 2007 to 7,783 tonnes in January 2008. Century also secured an updated Certificate of Authorization from the Quebec Ministry of Environment for the Lamaque underground mine, which will allow the Company to achieve consistent expansion of mining operations at Lamaque during 2008.

Margaret Kent, President & CEO, commented: "We are very pleased to be able to publish the updated Lamaque Technical Report in its entirety. This report comes at a very exciting time in the gold cycle, and provides the foundation not only for future mining operations and exploration at Lamaque, but also for corporate activities including financing that will facilitate further growth for Century. The Company intends to secure significant debt financing based in part on the mineral inventory outlined in the Lamaque Technical Report, whereby Century would be able to meet its capital needs without excessive dilution of the Company's shares."



=> Verstehe ich das richtig: Die Produzieren schon aus Lamaque-underground seit Oktober 07 ?

[Lauren]

www.stockwatch.com


C:CMM - Century Mining sues Stockhouse poster for defamation
[2008-04-14 19:04 ET]
Century Mining Corp. is suing a Stockhouse forum poster for defamation. The company claims TheGoldenBull posted messages that mean Century's president, Peggy Kent, is a lying fraudster, among other things. more...


cool

(hatte diese dame früher auch mal einen handwerklichen beruf?)
(backe, backe, kuchen)

[Lauren]

Century Mining sues Stockhouse poster for defamation

2008-04-14 19:04 ET - Street Wire

by Mike Caswell

Century Mining Corp. and its president, Margaret Kent, are suing a Stockhouse forum poster for defamation. The company claims a poster using the name TheGoldenBull placed messages on the forum that mean Ms. Kent is a liar, has committed securities fraud, and is physically unattractive and stupid, among other things.

The suit was filed in B.C. Supreme Court on April, 10, 2008. It identifies the plaintiffs as Century and Ms. Kent. The company says it does not know the defendant's true name, and it only names him as John Doe, aka TheGoldenBull, in the suit.

According to Century's suit, TheGoldenBull published defamatory posts from Sept. 27, 2006, to Feb. 20, 2008, on Stockhouse. The company includes 15 recent ones in its suit, four of which are below.

Dec. 11, 2007, post

One, posted on Dec. 11, 2007, reads as follows:

"So....what you are basically saying is that the equity raising, done at 40cents, was used to cover the hedging losses? My god, what a joke for a company you have here.

"Well, the facts are, the dumb cow hedged about 30,000 ounces of future production to raise about half a million dollars, which she has already spent. The unrealized loss on 30,000 ounces is over $3m, do the math.

...

"You have to hand it to the market, its Always right. The pumpers are struggling like mad to keep this POS above 30 cents. They will fail, the market is always right. 20 cents or lower by x-mas, it will happen.

"As Century is being run into the ground by this stupid hag ALL might argue a cf multiple of 10x is too aggressive, especially given the precarious cash situation, run down operations, missed targets, executive staff flight, massive payments due for property payments, retrenchments, leases on idle equipment, underwater hedge book, massive requirement for capex ...etc,etc,etc......

"A multiple of 5x cf is probably more realistic, and that gives you a share price of 10cents, or one dime (good call Canon5). Personally, I wouldn't even pay 10 cents for this swirling turd."

Jan. 21, 2008, post

Century also complains that the poster said the company is a related party to the Sanchez Paredes group. Although the suit does not directly explain why an association with the group is defamatory, a Jan. 21, 2008, post that it quotes repeatedly refers to something called "S-P." It came as Century was in the midst of its attempted takeover of Sulliden Exploration Inc.

"Hoppy,

"Poor CMM Kitty, kerrrr SPLAT!!!!!!!

"Do they get to look at only CMM's books or can they look at the related parties in the transaction, S-P, etc?

"S-P's books must be fun to read, let's see what is the accounting treatment for an (alleged) coke shipment seized by the DEA?? Alleged bribes to judges, politicians, police, and hit men; is this treated as an expense or a future receivable? Boy, Century is really going to have their hands full merging these two companies. Lol.

"But seriously, the real reason CMM is falling like a turd from a pigeon is that they appear to be out of cash. I believe they said (last cc) they had about $1.5m, which when you subtract the $1m per quarter they have to pay their (alleged!) coke dealing partners, leaves about 36 hours of working capital in the old kitty. Looks like another private placement on the way.

...

"Please do your own due diligence, and remember the S-P group is only alleged to be coke dealers and money launderers, as reported by Peru's top newspaper and investigating journalist and must be assumed to be innocent until convicted!

"The Golden Bull!"

Jan. 22, 2008, post

The suit quotes several other posts of a similar flavour, one referring to "inconsistent information spewed forth by the old fat sow," and another attacking the company's hedging position, which it says was 24,000 ounces of gold at less than $700 per ounce.

The posts also continued to speculate that the company will need cash soon.

"Get ready for the next unit placement. Peg will issue shares at any price, even down to a penny; she does not give a toss about ANY of you small shareholders. As long as her insider buddies get the insider track to short in advance of the announcement, all is A-OK for her and her insider buddies," reads a Jan. 22, 2008, post.

Another post, on Jan. 24, 2008, continued in the same vein.

"Pollyanna,

"You should really do your posting BEFORE you take your medications.

"And now, when old Pig fails to pay up her $1m per quarter to these S-P drug runners that she put your company in bed with she will have a fine mess on her hands. They don't seem like the type that will take IOU's- more like fingers.

"Again, have a look at the thorough and objective report from Rosens on your blighted company. Good god. How on earth CMM are even allowed to trade is a miracle. In fact if the TSX was doing its job Century would be suspended from trading without further notice.

"And one more point, the hedge book is less than $700, not $740 and 24,000 is more than 1 years production.

"GB"

Feb. 1, 2008, post

Another post, on Feb. 1, 2008, speculates on production at the company's San Juan mine after a change of the author of its National Instrument 43-101 report.

"San Juan is reportedly doing just about 12,000 ounces per year, annualized from one good quarter. They were desperate for cash, so what do you do when you are desperate for cash? You cut back on development and high grade the place. A la Sigma. We will see in about 4 month's time.....

"And you say (or Ms reliable Peggy (lol) says...) they will increase production at SJ (and SL!) 100% in less than 12 months. December let me tell you a thing about mining. Even good, well run companies with real management and execution ability have trouble increasing production by that amount in that little time. Pure fantasy - It ain't gonna happen. When has old Peg increased production at any of her operations? ever?"

The post then gets into the company's Lamaque mine in Quebec (which was once owned by Placer Dome Canada Ltd.).

"So why did the original owner [leave] all these many years of ounces in the reserve category? Well, the most likely answer is because they were un-minable, tied up into pillars, etc. Placer employees did not mine these ounces and they ARE professional miners.

"And how would Peg even know? The place is still under water, they don't have the permit, or the water is too polluted to release without building an expensive treatment plant."

"And the mine plan with the capital costs and the NPV story. Well, it was done in a big hurry, in-house with no outside verification. Guaranteed, the numbers came right out of her a$$. Classic Peggy bait and switch- she will have a new story in six months."

Additional posts on Feb. 19, 2008, and Feb. 20, 2008, contained similar statements. One on Feb. 18, 2008, states that cheap unit private placements are reserved for "insider buddies" who create rumours to pump the stock on bulletin boards, among other things.

Century and Ms. Kent complain that the postings mean that Ms. Kent is incompetent and has committed securities fraud, among other things. They also allegedly mean that Century is not a worthwhile investment, that Ms. Kent has exploited the company's low share price for personal gain and that Century's management cannot be trusted.

Century complains that the defendant knew that each of the posts was false, and published them with malice. Many people have viewed the posts, and as of the date of the lawsuit, TheGoldenBull continues to post false and defamatory messages, the company claims.

As a result of the posts, Ms. Kent and Century say they have suffered damage to their reputations, loss and expense.

They are seeking general, special and punitive damages, plus a permanent injunction restraining the defendant from publishing further statements that are defamatory of Century and Ms. Kent.

The lawsuit was filed on the company's behalf by Dianne Prupas.

Century closed Friday at 20 cents, down a penny.

Reader Comments - Comments are open and unmoderated, although libelous remarks may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.

Aweel, inasmuch as Margaret Meri Kent seems to be the rebranded Margaret Kent Witte of Royal Oaks Mining (Stockwatch--clean up your name records, hey!!!), the snapshots displayed on the corporate websites don't really seem to be a of quality which would launch a thousand ships.

However, those pics are undated, so any comparison between a portrait of a grizzled hardrock miner in Yellowknife, circa 1990, and an ungrizzled Ms. Kent in Peru/Argentina can't really be undertaken fairly without a date stamp on Marge's snapshot (http://images.google.ca/imgres?imgurl=http://www.panoramamin…

All in all, Ms. Kent just might want to take a kinder view of the unknown but not-shy Mr. GoldenBull. He may well be but a bit infatuated with Ms. Kent and, inasmuch as she will likely be getting a bit long in the tooth within the next few decades, she might not want to deflect Cupid's arrows, even if they are launched from the dreadful Stockhouse Bullboards.

Witte to Kent to Goldenbull. The markets might like it. hmmmmm?

Posted by halcrow @ 2008-04-14 21:09

Bravo...relevant reporting for a change!!!

Posted by liam tkachuk @ 2008-04-14 21:13

Come on now!!

Bullboards are open to people who want to say positive things and those who want to say negative things.

They are meant to be an open forum.

Century seem to be perpetual litigators with this trivial case now added to the Sulliden and Atacocha litigation.

Come on please....get on with the mining business.

What a wast of time and shareholders money.

Posted by Al @ 2008-04-14 21:25

"The lawsuit was filed on the company's behalf by Dianne Prupas."

http://www.centurymining.com/corporate/management.html

Dianne Prupas, LL.B., M.SC., B.A. – Chief Corporate Counsel Dianne Prupas has held positions including Senior Attorney and Chief Corporate Counsel for companies in both the United States and Canada. She is a member of the Canadian Bar Association and the Canadian Corporate Counsel Association. Dianne Prupas has extensive experience in Latin American legal affairs, heading up the regional legal department for IMS Health (NSYE: RX) for over five years prior to commencing employment with Century. Her particular areas of specialization are mergers and acquisitions and cross-border commercial transactions. Ms. Prupas is fluent in English, French and Spanish.

Posted by halcrow @ 2008-04-14 22:11

The beauty of the saga is that, given Century's own news releases and stock price history, The Golden Bull has been absolutely right about the Kent-Witty gal (he's not stupid and knows the punt game inside out). She should be admonished by the judge for bringing a frivolous litigation to the court at the shareholders' expense. Thanks to exploration activities in South America, sucker rallies go year-round now and the best strategy for ol' Peggy would be to shut up, take her money and run for the hills.

Posted by stockwatcher @ 2008-04-14 23:41

I wonder why she didn't file a lawsuit against this outfit as well: http://lists.miningwatch.ca/pipermail/news/2007-June/001409.…

Posted by dumping0 @ 2008-04-14 23:53

She and her brokers are not bad since, before last PP, they could find home to 158 million plus shares minus those kept by insiders, their family members living under different addresses, and trusted brokers to short against the boxes.

Posted by stockwatcher @ 2008-04-15 03:10

is there someway a picture of her at or about the time of the alleged offensive posts can be posted or linked please. shes either ugly or she is not.wondering if a justification defence may pass the judge on that point for starters.

Posted by anon @ 2008-04-15 03:52

She's quite a fatty and verbal like an Arab souk merchant.

Posted by stockwatcher @ 2008-04-15 05:16

is prupas on the heavy side as well? problem is his honour may like fleshy and it could be hard to sell him fair comment on that score if she is not unattractive.

Posted by anon @ 2008-04-15 06:01

WOW! Glad I'm not a shareholder here. I guess they have nothing better to do with there time then file law suits against Stockhouse posters. Sad, very sad! Go luck to all the CMM shareholders

Posted by Cdnxtracker @ 2008-04-15 08:42

I was a holder of this Turkey too , at one time , but just for the record , there has been no significant short volume on this stock since March 2006 , when it peaked at around $ 1.70 . Wish to Hell i'd dumped mine then , much less had the foresight to short it ! And that was before they started pumping out shares like confetti .

Posted by gregarious69 @ 2008-04-15 12:24

the comments posted on the various bullboard sites are just gossip, if one really believes the BS that is stated on the sites is very naive or they are just plain stupid. What I look for is the number of readers that have read the post, this tells me of the interest out there. I never block a poster on stockhouse as you might learn something from a fool.

I think the current court action on the poster is an act of desperation on part of the company, the company directors see their stock fading and they don't like it. I myself have posted negative comments on many stocks, we are the boss not management and we have the right to post our ideas and comments to keep management in line.

As for my negative comments on this one is that I will not touch any stock that the PEG is involved in, especially after the problems with the mine in Yellowknife in which the main gal was the head of Royal Oak in those days.

I remember a few years ago Bill Van DerZalm took the Colonist in Victoria for a cartoon effigy of him pulling the wings of a fly of off, he was successful and was awarded "one dollar" maybe this company could be successful and be awarded "two cents" as that is my opinion.

Posted by target100 @ 2008-04-15 14:15

When a company pays that much attention to bullboard chatter, its a sign that its lost its focus on its core business and is paying too much attention to share price. If one looks back at similar situations in which stockwatch reports a lawsuit against a bullboard poster,its usually an excellent sell indicator. IMO.

Posted by Du-rag @ 2008-04-15 16:44

Sell (or short if you're sure they won't squeeze you into the cash market).

Posted by stockwatcher @ 2008-04-15 18:00

Why is it that the beat down garbage deals are almost ALWAYS the ones filing the frivolous (and grossly expensive) Supreme Court actions against internet posters?

Barrick the exception to the rule and they are STILL dealing with the PR nightmare of spending more than a quarter million bucks to get a judgment on a homeless man.

Seems the feelings of some dopey promoters only get hurt when a spade is being called a spade at 52 week lows.

I wouldn't touch Peggys' dopey phat arse with a 10 foot long pole, whilst blindfolded.

Posted by BoBothe Clown @ 2008-04-16 12:20

Isn't Margaret Kent a.k.a. Peggy Witte who was 'in charge' when all the Giant miners were murdered in Yellowknife in the 90s from the problems she started, and when all the remaining Giant miners lost their retirement funds????

Hmmm... 12 lbs of Mary Kay makeup don't change the facts if she's the one!

Sure sounds like it from the other comments.

Posted by IsItTheSameOne @ 2008-04-16 14:15

'Isn't Margaret Kent a.k.a. Peggy Witte who was 'in charge' when all the Giant miners were murdered in Yellowknife in the 90s from the problems she started, and when all the remaining Giant miners lost their retirement funds????"

Yes, she is the one and the same.

Posted by halcrow @ 2008-04-16 17:32

does anyone know if prupas is portly and 'loathsome of visage' please?

Posted by anon @ 2008-04-16 22:39

I think the next shareholder meeting should be held in Blaine, WA - not the offices of Century on Peace Portal (Downtown Blaine) but on the Semiahmoo Golf course (at or next to her residence)!

Posted by bearcat @ 2008-04-17 15:29

[Rainolaus]

ob das ein gutes Zeichen ist?



Century Mining delays release of 2007 financials


2008-04-30 04:11 ET - News Release

Ms. Margaret Kent reports

CENTURY ANNOUNCES DELAY IN FILING FINANCIAL STATEMENTS

Century Mining Corp.'s year-end 2007 financial statements will be delayed for a short period of time because the company's management has been dealing with the issues surrounding the concerns of the British Columbia Securities Commission (the BCSC), resulting in the company's normal course audit progressing slower than expected. As announced in a separate news in Stockwatch today, the BCSC has today accepted the revised Lamaque National Instrument 43-101 report, and on April 16, 2008, the San Juan National Instrument 43-101 report was accepted.

Margaret Kent, president and chief executive officer, said: "We are working on all issues raised by the BCSC. All issues surrounding the National Instrument 43-101 reports have been resolved, and we hope to have everything finalized in the near term. In the interim, this delay will not affect trading of Century's shares, but the management cease-trade order will remain in effect."

We seek Safe Harbor.

[Rainolaus]

irgendwie sinken die immer tiefer:


Century raises $793,250 with equity financings


2008-05-20 05:25 ET - News Release

Ms. Margaret Kent reports

CENTURY CLOSES FLOW-THROUGH AND UNIT FINANCINGS

Century Mining Corp., subject to regulatory approval, has closed a non-brokered private placement of 1,275,000 units at a subscription price of 23 cents per unit for gross proceeds of $293,250. Each unit consists of one common share of the company and one common share purchase warrant, with each warrant entitling the holder to purchase, for a period of 18 months from the date of issuance, one additional common share of the company at an exercise price of 40 cents per share. This financing was previously announced in Stockwatch on March 27, 2008.

Century, subject to regulatory approval, has also closed a non-brokered private placement of 3.07 million flow-through shares at a subscription price of 25 cents per flow-through share for gross proceeds of $767,500. This financing was previously announced in Stockwatch on March 27, 2008.

In connection with the private placement, the company agreed to pay certain persons for introducing subscribers to the company a finder's fee of cash equal to 7 per cent of the gross proceeds of such placement, and share purchase options equal to 7 per cent of the total number of flow-through shares. Each option shall be exercisable at a price of 23 cents for a period of 18 months from the date of issue and shall entitle the holder to acquire one common share of the company and one warrant exercisable for one common share at a price of 40 cents for a period of 18 months.

In addition, the company has closed a non-brokered private placement of 1,428,571 flow-through shares at 35 cents per flow-through share for gross proceeds of $500,000. This financing was previously announced in Stockwatch on Dec. 24, 2007. For introducing certain investors to the company, Century paid a 6-per-cent cash finder's fee. All of the securities issued under these private placements are subject to a four-month hold period.

We seek Safe Harbor.

[Statistix]

Ein Wunder, daß sie noch nicht bei 0 sind.

[amiras]

Antwort auf Beitrag Nr.: 20.782.207 von Statistix am 17.03.06 23:04:32

Hallo
Habe zum Glück fast alle Aktien rechtzeitigt verkauft.
Kann mir jemand sagen was mit Century los ist?

[Rainolaus]

Antwort auf Beitrag Nr.: 34.356.164 von amiras am 23.06.08 18:38:14

Sulliden hat sich nach dem CMM-Übernahmeflop jedenfalls bis jetzt fast vervierfacht.

[grasgruener]

haben einen netten Batzen verkauft..........halten den Rest erstmal weiter - vielleicht läßt jetzt der Druck nach!

Jul 08, 2008 05:59 ET
Wega Mining Ceases to Be an Insider of Century Mining
TORONTO, ONTARIO and OSLO, NORWAY--(Marketwire - July 8, 2008) - Wega Mining ASA (OSLO:WEMI) ("Wega Mining") has announced that as of July 4, 2008, it ceased to be an insider of Century Mining Corporation ("Century"). Since June 1, 2007, Wega Mining has disposed of an aggregate of 9,446,500 common shares of Century on the TSX Venture Exchange, including its most recent disposition of an aggregate of 5,000,000 shares on July 3 and 4, 2008 at an average price of $0.0636 per share, representing approximately 3% of the issued and outstanding shares publicly disclosed by Century.

As a result of these most recent sales, Wega Mining now holds 15,355,146 common shares of Century, representing approximately 9.1% of the issued and outstanding shares publicly disclosed by Century. Wega Mining continues to hold warrants exercisable to acquire an aggregate of 3,370,786 additional common shares. Assuming the exercise of all of the warrants held by Wega Mining, Wega Mining would own 18,725,932 shares of Century, representing approximately 11% of the issued and outstanding shares publicly disclosed by Century, or approximately 9.9% of the shares of Century calculated on a fully diluted basis, assuming the exercise of and based on the total number of outstanding warrants and options to acquire common shares publicly disclosed by Century.

Wega Mining continues to hold securities in Century for investment purposes. Wega Mining's investment in Century will continue to be reviewed on an ongoing basis and its holdings may be increased or decreased in the future.

About Wega Mining ASA

Wega Mining ASA is an Oslo-based international mining company focused on exploring, developing and operating gold, copper and zinc deposits. The company currently operates in Guinea, Burkina Faso, Mali, Canada, Portugal, Ecuador, Romania and Norway. Wega Mining ASA trades on Oslo Axess, an exchange regulated by the Oslo Stock Exchange. Additional details about Wega Mining can be accessed at www.wegamining.com.