Campbell Resources ready to move up dramatically - 500 Beiträge pro Seite

[HonkyTonkGirl]

This (still) very cheap junior mining company owns 4 mines which are ready to start production these coming months and it is to be expected that Campbell will have paid off its debts within a year.

Jump on board for a ride that is about to begin......

Good Luck,
Honky Tonk Girl




Campbell Resources announces second quarter results

08:30 EDT Thursday, August 10, 2006

HIGHLIGHTS

- Closing in escrow of the $10,000,000 private placement with Sprott
Securities.
- Approval of the plans of arrangement by creditors and sanction by the
Quebec Superior Court.
- Signing of a letter of intent to sell the Eastmain Mine Property to
Eastmain Resources Inc.
- Nuinsco Resources Limited (TSX: NWI) assumes responsibility for the
management of mining operations.
- Exploration program initiated on Merrill Island Property.
- Completion of audit of mineral resources on the Corner Bay deposit by
Geostat.
- Copper Rand Mine wins O'Connell Safety Award for its safety performance
during 2005.

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

Campbell Resources Inc. (TSX: CCH, OTC Bulletin Board: CBLRF) today announced financial and operating results for the second quarter and first six months of 2006 ended June 30, 2006. During the second quarter, Campbell implemented numerous initiatives as part of its plan to improve production and profitability at its Joe Mann and Copper Rand Mines, and made significant progress toward exiting CCAA as a well financed mining company focused on operational excellence and growth.

"Our objective over the past several quarters has been to position Campbell for growth as a gold and copper producer in the Chibougamau mining camp," said President and Chief Executive Officer Andre Fortier. "With the approval of the plans of arrangement, the Sprott financing, the addition of Nuinsco's operational expertise, initiation of a regional exploration program for additional feed to optimize mill throughput and the advancement of the Corner Bay copper deposit toward production during the second quarter, Campbell is now much better positioned to take advantage of its assets and provide shareholders with improving results."

FINANCIAL RESULTS

For the second quarter, Campbell recorded a net loss of $1.8 million, or $0.02 per share, compared with net income of $166,000, or $0.00 per share, for the same period in 2005. The 2005 results included other income of $1.6 million from the sale of its Bachelor Lake property. These do not include results from the Copper Rand Mine which are still being capitalized as the mine has not yet reached commercial production.

Net metal sales for the second quarter of 2006 were $3.5 million, compared to $4.8 million for the same period last year. These revenues include the sale in the second quarter of 4,403 ounces of gold at an average sale price of $679 per ounce (US$609 per ounce), compared to 7,872 ounces at an average sale price of $535 per ounce (US$432 per ounce) for the same period in 2005.

For the first six months of 2006, the Company recorded a net loss of $4.1 million, or $0.04 per share, compared to a net loss of $2.5 million, or $0.02 per share, during the same period in 2005.

Net metal sales for the first six months of 2006 were $5.9 million, compared to $9.9 million for the same period last year. The average sale price per ounce of gold was $666 (US$588) in the first half of 2006 and $529 (US 429) in the first six months of 2005.

Mining expenses for the second quarter of 2006 were $3.4 million, compared to $3.7 million recorded in the second quarter of 2005. The operating cost per ounce for gold sold in the second quarter of 2006 was US$602, compared to US$402 in the second quarter of 2005. Cost per ton of ore for the second quarter of 2006 was $129 compared to $94 in the second quarter of 2005.

Mining expenses for the first six months of 2006 were $6.2 million, compared to $9.3 million for the corresponding period in 2005. Direct costs in the 2005 period included $0.5 million for the clean-up of the Campbell mill which ceased operating in December 2004.

JOE MANN MINE

The Joe Mann Mine, originally scheduled to close in November 2005, produced 23,006 tons of ore in the second quarter of 2006 grading 0.215 oz/t gold (4,265 ounces), 0.33% copper and 0.185 oz/t silver with a recovery rate of 86.07% for gold, 96.24% for copper and 68.25% for silver.

During the first six months of 2006, the Joe Mann Mine produced 7,729 ounces of gold, 282,829 pounds of copper and 5,701 ounces of silver, compared to 15,729 ounces of gold, 474,198 pounds of copper and 11,101 ounces of silver in the same period of 2005.

During the quarter, production was impacted by interruption to the mining cycle due to falls of ground caused by ground movement, areas not being available for blasting due to a shortfall in drilling and holes squeezing, and less ore that anticipated in areas under development.

COPPER RAND MINE

Production in the second quarter was 20,969 tons of development ore grading 2.15% copper, 0.061 oz/t gold and 0.165 oz/t silver for total metal production of 886,229 pounds of copper and 1,095 ounces of gold. During the first six months of 2006, development ore totalled 42,836 tons grading 2.15% copper, 0.061 oz/t gold and 0.175 oz/t silver for total metal production of 1,813,447 pounds of copper, 2,199 ounces of gold and 5,133 ounces of silver.

Net metal revenues from development ore of $4.6 million were capitalized to development costs. The net development costs capitalized in the second quarter of 2006 was a reduction of $1.1 million compared $0.7 million with the second quarter of 2005 and a reduction of $1.2 million for the first six months of 2006 compared with an amount capitalized of $4.4 million the first six months of 2005.

During the quarter, development and production activities were affected by a shortage of development and long-hole drillers and maintenance personnel.

The employees at Copper Rand were honoured to receive the Quebec Mining Association's prestigious O'Connell trophy for mine safety. The Copper Rand Mine received the award for best safety performance in 2005 for underground mining operations with less than 400,000 man-hours per year, and is indicative of the commitment of Campbell and its employees to operational excellence.

Merrill Island Mine

Given its significant presence and infrastructure in the prolific Chibougamau mining camp, Campbell has undertaken a regional evaluation/exploration program to assess the potential for satellite deposits that can be profitably mined and processed at Campbell's existing facilities. In the second quarter, the Company identified the Merrill Island Mine, a past-producing open pit located within trucking distance -- approximately 5 kilometres -- of the Copper Rand Mill.

At current copper prices, exploration results are sufficiently positive for the Company to begin test mining the open pit. Mobilization of production equipment will be initiated during the coming weeks, with ore shipments to the Copper Rand Mill expected to begin in September. Concurrently with the test mining, further definition work will be undertaken with the objective of confirming the potential for mining some 200,000 tons in the initial phase and identifying the additional potential for a longer-term operation.

Corner Bay Property

During the second quarter, the Company retained the services of Geostat Systems International Inc. ("Geostat") to complete a 43-101 compliant technical report on the Corner Bay deposit. The report entitled "Corner Bay Deposit, Audit of Mineral Resources" is accessible for review on the System of Electronic Documents Analysis and Retrieval ("SEDAR") at www.sedar.com.

The technical report recommends proceeding initially with the proposed underground bulk sample consisting of the extraction of 42,000 tonnes through the driving of a 665 metre ramp and development of two levels.

Outlook

Campbell is very pleased with the progress it has made both structurally and operationally in the second quarter, and is looking ahead to further positive developments in the third quarter and beyond.

The transition to the management of mining operations by Nuinsco personnel which began May 1, 2006 is now complete. Significant changes have also been made to the operating organization at both the Copper Rand and Joe Mann Mines. The appointment of a General Manager of Mining Operations will become effective September 1, 2006 and will complete the re-organization process.

Measures implemented during the second quarter are expected to gradually impact operating results and the Company expects to benefit from the very favourable commodity price environment. The additional output from the Merrill Island open pit operation should also contribute to a better utilization of the Copper Rand mill capacity, and other potential satellite deposits will be evaluated on an ongoing basis.

Work is proceeding on the implementation of the plans of arrangement approved by the creditors on June 26, 2006 and sanctioned by the Quebec Superior Court the following day. The preliminary short form prospectus is essentially finalized and is being submitted to regulatory authorities for approval before proceeding with the previously announced Rights Offering to shareholders for total proceeds of $5,194,602.

Certain information contained in this release contains "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and is subject to certain risks and uncertainties, including those "Risk Factors" set forth in the Campbell's current Annual Report on Form 20-F for the year ended December 31, 2004. Such factors include, but are not limited to: differences between estimated and actual mineral reserves and resources; changes to exploration, development and mining plans due to prudent reaction of management to ongoing exploration results, engineering and financial concerns; and fluctuations in the gold price which affect the profitability and mineral reserves and resources of Campbell. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Campbell undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect unanticipated events or developments.


CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(Expressed in thousands of Canadian dollars)
------------------------------------------------------------------------
------------------------------------------------------------------------
June 30 December 31
2006 2005
------------------------------------------------------------------------
$ $
Assets

Current assets
Cash and cash equivalents 857 1,772
Restricted cash 575 350
Short-term investments 27 125
Receivables 2,913 1,654
Settlements receivable 6,314 8,374
Restricted deposits and exchange agreement 49,861 -
Production inventories 338 67
Supply inventories 3,372 3,330
Prepaids 1,708 877
------------------------------------------------------------------------
65,965 16,549

Amount receivable from Copper Rand/Portage
Restoration Fiduciary Trust 3,102 3,012
Restricted deposits and exchange agreement - 49,723
Future income taxes 1,395 1,324
Property, plant and equipment (Note 3) 55,890 59,955
Accrued benefit asset 4,218 3,897
Deferred charges and other assets 241 183
------------------------------------------------------------------------
130,811 134,643
------------------------------------------------------------------------
------------------------------------------------------------------------

Liabilities

Current liabilities
Short term loan 4,705 6,606
Accounts payable 13,465 13,563
Accrued liabilities 4,846 3,695
Current portion of long-term debt (Note 4) 68,504 18,037
------------------------------------------------------------------------
91,520 41,901

Asset retirement obligations 7,970 7,738
Long-term debt (Note 4) 19 49,745
Future income taxes 4,827 4,756
------------------------------------------------------------------------
104,336 104,140
------------------------------------------------------------------------

Shareholders' equity

Capital stock (Note 5) 69,958 69,958
Warrants, stock options and conversion rights
(Note 5) 2,796 2,771
Contributed surplus 1,404 1,404
Deficit (47,683) (43,630)
------------------------------------------------------------------------
26,475 30,503
------------------------------------------------------------------------
130,811 134,643
------------------------------------------------------------------------
------------------------------------------------------------------------


CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(Expressed in thousands of Canadian dollars except per share amounts)
------------------------------------------------------------------------
------------------------------------------------------------------------
Three months ended Six months ended
June 30 June 30
2006 2005 2006 2005
------------------------------------------------------------------------
$ $
Gross metal sales 3,840 5,245 6,484 10,757
Treatment charges 367 420 634 859
------------------------------------------------------------------------
Net metal sales 3,473 4,825 5,850 9,898
------------------------------------------------------------------------
Expenses
Mining 3,385 3,746 6,186 9,299
Depreciation and
amortization 778 1,582 1,541 3,244
General administration 998 683 1,905 1,393
Care and maintenance 45 86 121 178
Exploration (169) 190 (158) 349
------------------------------------------------------------------------
5,037 6,287 9,595 14,463
------------------------------------------------------------------------
Loss before the following
items (1,564) (1,462) (3,745) (4,565)
------------------------------------------------------------------------
Interest expense on
short-term loan (96) (82) (224) (125)
Interest expense on
long-term debt (Note 6) (237) (242) (436) (483)
Interest income 9 490 16 891
Amortization of deferred
charges - (66) - (132)
------------------------------------------------------------------------
Loss from operations (1,888) (1,362) (4,389) (4,414)
------------------------------------------------------------------------
Other income (expense)
Other income 177 1,554 389 1,966
------------------------------------------------------------------------
(Loss) income before taxes
and non-controlling
interest (1,711) 192 (4,000) (2,448)

Income and mining tax (44) (26) (53) (63)
------------------------------------------------------------------------
Net (loss) income (1,755) 166 (4,053) (2,511)
------------------------------------------------------------------------
------------------------------------------------------------------------
Weighted average number
of common shares ('000) 108 213 107,688 108,213 107,637
------------------------------------------------------------------------
------------------------------------------------------------------------
Loss per share undiluted
and diluted (0.02) 0.00 (0.04) (0.02)
------------------------------------------------------------------------
------------------------------------------------------------------------

SOURCE CAMPBELL RESOURCES INC.

For further information: Campbell Resources Inc.: Andre Fortier, President and Chief Executive Officer, [phone], Fax: [phone], [e-mail]; Renmark Financial Communications Inc.: Henri Perron, [e-mail] ; Christopher Wells: [e-mail]; Tel.: [phone], Fax: [phone], www.renmarkfinancial.com

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 24.080.243 von HonkyTonkGirl am 21.09.06 12:24:14

A posting from Benson at an American forum (Stockhouse) on why Campbell is a top pick!

Good Luck,
Honky Tonk Girl

Benson wrote:

I have posted several times that a group of Operators from TD Sec (broker 7) are manipulating CCH. They are trading for profits, but (my speculation) they would also like to see CCH stay within a narrow price range until the Rights offering is over.

TD Sec traders were the ones who “walked down” CCH last week (Sept. 13th – 15th). You could see broker 7 selling to themselves, taking out each lower bid level.

They were able to get away with this because of the major weakness among the Juniors right now. The were also able to get away with this because no Buyer is challenging them.

If you look at the Prospectus, it’s actually far better than most people anticipated. The positive surprise has been that every project will be actively drilled, at the same time that production is starting. Campbell indicates it’s very likely that reserves, resources, and the production will grow in the medium term.

Well here’s more proof of TD Sec at work… I looked up all TD Trades form Wednesday Sept 13th – Wednesday Sept 20th. Here’s what I saw:

TD (broker 7) has traded CCH every day since the 13th. The 13th, they were net sellers. On every day since, their net position has gone UP.

TD has sold a total of 149,677 shares in 6 days
TD has bought a total of 201,000 shares in 6 days

Their net position has increased 51,323 shares
(all data from StockWatch)

This morning (Thursday, Sept 21st), I see that TD just entered s sell order. They have a sell order for 25,000 shares at 0.13 (order entered 7:56 am)

So they’ve got 50,000 extra shares to play with, and now they’re going to use them to try to cap the market at 0.13.

For anyone here who is trying to build a position in CCH: You are being played? I’ll bet that more than half of the ASK’s (blocks offered) disappear the second they smell a serious buyer. As it stands now, a single buyer trying to build a position of 100,000 -150,000 shares would take out all of the ASKs up to 0.175.

And I think there are many new readers here who are planning purchases in the 100,000 share range. I say that by looking at the PageView statistics, and by looking at the replies I have gotten on that new message board I have posting on (I identified that board in an earlier post).

You buyers can wait if you want. But when CCAA is over, everyone holding will be holding for gains. The only shares that will be offered will be from people taking profits. And those shares will be offered at much higher prices.


And people trying to buy after CCAA is lifted will be competing with buyers from Funds and Institutions. I really believe may Funds and Institutions who might be interested in Campbell have been prevented from buying because of the CCAA status. I believe that fund guidelines and Internal Audit rules would prohibit this type of purchase for many funds.

Imagine if “Joe and Mary Investor” looked at the Holdings screen for the Fidelity Gold Fund, and saw that the fund had a holding that in the middle of a restructuring (similar to bankruptcy reorganization in the United States).

With the emergence from CCAA, Campbell will be a top pick for funds. They will have:

production
both copper and gold
politically safe location
liquidity
royalties
high grade resources
multiple properties
a long history
largest holder will be best known House in Canada (promotion)

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 24.085.592 von HonkyTonkGirl am 21.09.06 16:38:12

A prospectus on the ongoing activities will be published the day after tomorrow.

Prospects look extremely good!

Here is what Benson has to say about it:


"There are 3 new Technical Reports in Sedar:

Audit of the Mineral Resources And Mineral Reserves of the
Joe Mann mine
93 pages

Audit of the Mineral Resources and Mineral Reserves of the
Copper Rand mine
146 pages

Corner Bay deposit Audit of Mineral Resources
70 pages

I think that Campbell management has again exceeded expectations, simply by releasing these reports at this time. If you study recent press releases, you will see that Campbell only committed to releasing one report.

Instead we have 3 reports, on 3 projects, totaling 309 pages.

Go ahead and compare this Management commitment to what you see with other Juniors. For many of them, getting 3 reports in a row would be harder than “pulling blood from a rock”.

And the reports have many positive surprises in them. I posted about that yesterday, and will follow-up with more posts later.

One of the biggest surprises is that the Copper Rand report shows Resources that would probably allow CR to operate another 3-5 years. And a lot of those Resources are comprised of the “higher gold/lower copper” ores.

[this part is speculation] So, if we are at a gold price of for example $1,000 in 2010, then Copper Rand will be an absolute Cash Machine. And they are start new drilling, on top of this."

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 24.240.143 von HonkyTonkGirl am 27.09.06 19:50:49

Another poster at "Stockhouse": ... the prospectus. It has been confirmed.This is a major event.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 24.240.961 von HonkyTonkGirl am 27.09.06 20:33:03

Campbell Resources Agreement - Chibougamau, Quebec


Nuinsco recently announced its entry into mine management and took a step toward becoming a producer in its own right through an agreement with copper and gold producer Campbell Resources Inc. (“Campbell”). Under this agreement, Nuinsco will have a significant equity interest in Campbell and provide consulting services with respect to the operation of Campbell’s Joe Mann gold mine and Copper Rand copper mine in Chibougamau, Quebec. In addition, Nuinsco can receive a 50% interest in Campbell’s high grade Corner Bay copper deposit which could potentially commence production in 2007.

In addition to exposure to the Chibougamau mining camp, where over 41 million tonnes of ore has been mined to produce 1.6 billion pounds of copper and 3.1 million ounces of gold, this agreement benefits Nuinsco in a number of ways. Highlights of the agreement are:

Up to a 29% equity interest in Campbell (TSX:CCH);
Cash flow from consulting on the operation of Campbell’s Joe Mann gold mine and Copper Rand copper mine;
Two seats on the Campbell board of directors; and,
A potential 50% interest in the advanced Corner Bay copper deposit.
Corner Bay is a high grade, near surface copper deposit which is estimated to be approximately one year from production. NI 43-101 resources, at a 3% cutoff, are estimated by Campbell as follows:

Diluted to 1.6 min. vein width
Classification
(%Cu cut-off) Tonnage
(tonnes) Horizontal width
(m) Cu
(%) Specific Gravity
Measured
0% 302,000 2.28 3.53 3.19
2% 208,000 2.55 4.73 3.23
3% 181,000 2.67 5.07 3.23
Indicated
0% 546,000 2.12 3.51 3.17
2% 334,000 2.40 5.22 3.22
3% 265,000 2.52 5.93 3.23
Inferred
0% 3,156,000 2.42 3.82 3.19
2% 1,861,000 3.09 5.84 3.24
3% 1,441,000 3.15 6.76 3.25


Development of the Corner Bay deposit is scheduled to begin late in 2006, with the mine anticipated to produce approximately 15 million pounds of copper annually.

Production statistics from Campbell’s operations for the most recently completed fiscal year ended December 31, 2005, are as follows:



Joe Mann Gold Mine Copper Rand Copper/Gold Mine
29,431 ounces gold 7,098 ounces gold
897,460 pounds copper 6,777,000 pounds copper
21,795 ounces silver 21,820 ounces silver
Ore is processed at Copper Rand mill Goal to double production to 350,000 TPY

[wrkmq]

Hi HonkyTonk-Girl

In the last weeks I followed the discussion on stockhouse.ca. Very interesting! I don't know if Campbell will ever be able to leave CCAA, and I don't know if Campbell will ever be able to earn money with their mines, but today I decided to buy some shares. (Perhaps I will also get the options)
What do You think about Campbell?? I don't want to follow BensonLurker or PerthX, because they are very minded!
Perhaps Campbell will get rid of their financial problems. Then we will see a FiveBagger.

Gretings,

Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 24.373.381 von wrkmq am 03.10.06 11:45:19

Hi Michael

Buying Campbell-stocks below 10 US-cents might be an opportunity that will not present itself any more.......

There are some big parties suppressing a lift off and the rights offering is also something that still needs to be worked out.
Then of course there is still Campbell's CCAA status that needs to be taken care of. Institutions may not buy as of yet but when this is being sorted (most likely within a few weeks) I can't see why
Campbell's shareprice should not triple.

Campbell have been very conservative in their outlook and I believe that Management wants the Deals to close and the Rights offering to pass, before Campbell goes into promotion mode. Perhaps the reason for this being that they want to be totally dependable or perhaps they might want to pick up some left overs after the deals close.

However, I am convinced that we have a lot to look forward to since they have copper and gold; with some luck no debts and 5 producing mines at the end of 2007, royalties, liquidity and Campbell operates in safe countries so we won't have to worry about political turmoil like many other companies often have to face.


Good Luck,
Honmky Tonk Girl

by the way: I believe Benson is right in most of his postings.....

[wrkmq]

Antwort auf Beitrag Nr.: 24.375.919 von HonkyTonkGirl am 03.10.06 13:50:47

Hi HTG

Instead of Perth, Benson is posting and is working with arguments. But the history will show if he is right. But You said, that You BELIEVE more in Benson's argumentation. I do so too.

I think, first of all, they have to stop burning money. I hope, that the manangement will be able to optimize the production and they can start selling their gold with a margin.

But I don't believe, that they will be able to start 3 other mines in 2007 beside all the existing problems. That will happen in 2008, hopefully

So, I hope that my BID will be filled in 2 hours.

Greetings from Hambourg,

Michael

[wrkmq]

I'm so happy, that my bank cancelled it on Tuesday (The gap between my BID an the Realtime-course got too high ).

So I will wait another weak, watching Campbell to find a "better" place to get into. 0,70 is much better than 0,90

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 24.461.962 von wrkmq am 07.10.06 10:34:48

Insider Buying

Hi WMKRQ

I hope you have gotten the shares you wanted since we are probably going up from now on; insiders are buying and lots of new outsiders
also have also smelled blood and have started to get a piece of the action.

Then there is also good news from Andre Fortier as far as the rights offering is concerned: "We are waiting for one province to get back to us. All the major provinces have given their approval and the last one is due any time."

This means that within a few weeks we should get an announcement that Campbell will finally exit CCAA and that institutions should begin eying and buying the companies shares as well!

Good Luck
Honky Tonk Girl

http://www.canadianinsider.com/coReport/allTransactions.php
Campbell Resources Inc. (CCH)

As of October 17th, 2006
Filing Date Transaction Date Insider Name Nature of transaction Securities # or value acquired or disposed of Unit Price

Oct 17/06 Sep 27/06 HOLMES, WARREN 36 - Conversion or exchange Common Shares 1,500,000 $0.080
Oct 17/06 Jul 01/06 HOLMES, WARREN 00 - Opening Balance-Initial SEDI Report Common Shares
Oct 13/06 Aug 16/06 Pralle, G. E. Kurt 50 - Grant of options Options 250,000 $0.150

[wrkmq]

Antwort auf Beitrag Nr.: 24.712.349 von HonkyTonkGirl am 18.10.06 23:00:00

Hi HTG

No, I haven't bought any Campbell shares yet. There seems to be a bottom at 0,07 but I'm not sure what will happen in the next weeks.

Last month I said, that I go along with Benson, but I changed my mind as many others have done in the stockhouse-forum. Something is going wrong out there. A game is played and perhaps Benson and PerthX are in the same team

Campbell is too hot for me right now.

But I will go on to read the Campbell-Thread on stockhous because it is the most entertaining one I ever read!!!

Greetings,

Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 24.715.725 von wrkmq am 19.10.06 10:10:00

Hi Michael

I do not believe that you will get the shares for less than 7 cents anymore.

Fundamentally there is nothing wrong with Campbell and the extra month or so it takes to come out of CCAA or even the possible dilution after the rights offering will not change this.

They have mines, money, the infrastructure is taken care of, and the price of gold should support a higher shareprice too, regardless what everybody says at Stockhouse.

Good Luck
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 24.728.499 von HonkyTonkGirl am 19.10.06 20:15:16

ampbell Resources announces rights offering and receipt for the amendment to a final prospectus
Thursday October 19, 6:06 pm ET


MONTREAL, Oct. 19 /CNW Telbec/ - Campbell Resources Inc. (TSX: CCH, OTC Bulletin Board: CBLRF) ("Campbell") announces that it has obtained a receipt for the amendment dated October 18, 2006 to the final short form prospectus dated September 26, 2006 qualifying the distribution of the rights and the units issuable upon the exercise of the rights.
Campbell will issue transferable Rights to holders of its common shares. Shareholders of record at the close of business on October 30, 2006 will receive one transferable right ("Right") for each share held. Every ten Rights will entitle the holder to subscribe for and purchase three Campbell units (the "Units") at a price of $0.08 per Unit at any time up to 4.00 p.m. on November 24, 2006. Additional Units may also be subscribed for pursuant to the additional subscription privilege. Each Unit consists of one common share and one-half of one common share purchase warrant ("Warrant"). Each whole Warrant entitles its holder to subscribe for one additional common share at a price of $0.15 per share until the earlier of May 26, 2008 and the date that is 30 days following the date of the Accelerated Expiry Notice, being the notice that the Corporation may provide by press release on or after May 26, 2007 in the event that the volume weighted average price of the common shares of the Corporation on the Toronto Stock Exchange for 20 consecutive trading days is at least $0.30.

Each holder of a Rights certificate who exercises all of the Rights evidenced by such certificate may subscribe for additional Units, if any, available as a result of unexercised Rights. The Units available for such purpose will be those Units that have not been subscribed and paid for by the holders to which Rights were originally issued.

The Rights will be listed on the Toronto Stock Exchange under the symbol "CCH.RT" from October 26, 2006 to November 24, 2006.

Net proceeds to Campbell from the Rights offering will be up to an estimated $5,397,301. Campbell will issue 233,220,881 Rights. The Rights offering will result in the issuance by Campbell of a maximum of 69,966,264 Units consisting of 69,966,264 common shares and 34,983,132 Warrants.

The Rights offering will be made in all the provinces and territories of Canada. The shares and Warrants issuable upon exercise of the Rights are not being offered to residents of the United States of America, except to "accredited investors" (as defined under the rules of the United States Securities Act), or any country other than Canada.

Notwithstanding the foregoing, ineligible shareholders who establish, to the satisfaction of the Campbell, that the receipt by them of Rights and the issuance to them of Units upon the exercise of the Rights will not be in violation of the laws of the jurisdiction of their residence, will be allowed to exercise the Rights.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 24.743.451 von HonkyTonkGirl am 20.10.06 15:41:15

Hi Michael

Still following C.?

It has been a great soap opera at Stockhouse; great entertainment and also lots of good writings by Benson.

So what's up...... have you decided on C. yet???

chiau,
Honky Tonk Girl

[wrkmq]

Antwort auf Beitrag Nr.: 25.513.197 von HonkyTonkGirl am 18.11.06 19:09:36

Sure! I still enjoy it!
Soap opera?!?? No, it's something between Mud-wrestling and "Catch me if You can"
I never read something like this before. If there is a story behind it, I hope we will know it some day
But I'm still not invested in C. First of all I want to see what they are doing with the new money. When they still burn it, this company will go down within 2 years. If they can optimize the production I will go in!

IMHO

Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 25.519.413 von wrkmq am 18.11.06 22:00:31

Toronto: 26% up. (It's gonna be a nice day tomorrow.....)

good luck
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 25.630.028 von HonkyTonkGirl am 23.11.06 20:07:30

Hi Michael

Still having doubts about this junior?

60% up, way to go CCH!!!

Good LUck,
HTG-

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 25.665.201 von HonkyTonkGirl am 24.11.06 16:34:02

Another day with great gains....... Campbell Resources has gone up from 7 dollarcents to 13 in a few days.

Not a single analyst or poster on foureign messageboards believes that this Junior Mining company will not triple in value during the next few months. This has to be the best, most undervalued (already producing!) pick of the year with tremendous upward potential while chance to the downside are very slight.

Good Luck,
Honky Tonk Girl

[wrkmq]

Antwort auf Beitrag Nr.: 25.753.207 von HonkyTonkGirl am 27.11.06 20:00:45

Hi HTG

I have learned something......I have learned something

There was a doubling possible within two weeks

And perhaps the story is going on

Cheers, Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 25.756.752 von wrkmq am 27.11.06 21:55:23

Hi Michael

Even at 13 cents CCH is a bargain! I believe that within a year we should see at least a one dollar price per share.

Some writings at a Dutch forum by a person that I have come to value a lot also indicate that CCH will gain tremendously in the near future. This man believes approximately the same as Benson although he is slightly less enthusiastic and seems to be more aware of all possible downward risks.

However, htis person also says we should see dramatic increases soon and I have great faith in him. Do you by the way read Dutch?

I would say: "Get in now and enjoy the ride!!!"

Good Luck,
HTG

[wrkmq]

Antwort auf Beitrag Nr.: 25.771.441 von HonkyTonkGirl am 28.11.06 16:34:27

Hi HTG

I'm fluently speaking "Plattdeutsch" (You would say Plattduits or Nedersaksisch or simply Platt). This is very similar to dutch. So, please put a Link here to Your board.

Cheers,

Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 25.780.174 von wrkmq am 28.11.06 21:02:47

Hi Michael

Okay, hier is de link. (De persoon die goed schrijft is "Gung Ho".)

http://www.debeurs.nl/Forum/forum.asp?forum=1427

Let me know what you think of it, alright?!!!

Good Luck,
HTG

[wrkmq]

Hi HTG,

Today I will try to get in with a little position (currently I'm having no more money). I will also print out bensons' "Compilation of CCH Fundamental Analysis" to a book, reading it over the next weeks
Debeurs.nl is quite interesting! I will keep it in mind!

Greetings,

Michael

P.S.: Perhaps I will be angry in some weeks, that I did not get in at 0,09 as I tried 3 weeks ago. But perhaps I will also be very happy, being involved in this story
Otherwise I will never ever eat any French fries again

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 25.790.054 von wrkmq am 29.11.06 11:12:14

Hi Michael

At the current level it does not really matter at what price you buy shares, does it? In a few months time the price of a share will have gone up that much that getting in at 9, 11 or 13 cents is irrelevant; you've made a hell of a lot of money in each case.

Gung Ho advised us to buy at 16 cents and even he was a bit surprised to see this stock go down as much as it has done these past few weeks. What counts IMO are the fundamentals and there is nothing wrong in that department!!!

Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 25.791.381 von HonkyTonkGirl am 29.11.06 12:13:46

GOT 'EM???

[wrkmq]

Antwort auf Beitrag Nr.: 25.827.403 von HonkyTonkGirl am 30.11.06 15:52:35

Yes, I got them!

Now I will wait for the 0,50

[wrkmq]

The last days Campbell is falling like a knife. But i will wait....

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 26.026.404 von wrkmq am 08.12.06 16:31:15

Hi Michael

Just have a look at this here, written by Takan a few weeks ago. Sit patiently and a higher shareprice will come your way for sure.

"Events that will move share price higher are:
a. Closing of rights deal, Nuisnco PP etc. in next week or so.
b. Conclusion of the Plans of Arrangement to exit CCAA by year's end, cross your fingers.
c. Grant of Merrill Island permits and production there, could happen whenever.
d. Resumption of the bull market in metals, could have already begun or very close to it.

...and the biggest event will be...drum roll please...

e.Copper Rand becoming "commercially viable"(to use copperrocks terminology) and moving to full production, sometime in early 2007.

Share price landscape for CCH should be dramatically different by end of 2nd quarter next year. Can't beat the speculative potential here."

plus: Lots of investors have been buying Campbell lately.

""Most Active Resource Stocks
Name Symbol Price Chg Chg% High/Low Volume
up CAMPBELL RESOURCES INC TSX:T.CCH 0.11 0.00 0.00 0.12/0.11 7,004,834""


Good Luck,
HTG

[HonkyTonkGirl]

Hi Michael

So who do you reckon is the greates goofball at Stockhouse of them all?

I give my vote to Satchmo (geologist10 being the runner up)

Good Luck,
HTG

ps How is the "book" coming along?

[wrkmq]

Perhaps I'm the largest goofball, because I believed in so many lies. I got Campbell at the peak of 0,13
Do You think, that we will see this again

I'm not angry about it, because I decided the trade on my own. But at the end I will have made some very good experiences

Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 26.145.930 von wrkmq am 13.12.06 09:45:29

Hi Michael

Well, let's look at it in another way. Can you give me reasons why campbell won't go up?

All I can see is that the outlook is fantastic:

Exiting CCAA will without a doubt move the price upwards. Also: it is not a question of IF it is going to happen but WHEN...... (Whether it will be by year's end or February leaves me indifferent. I am not planning to sell any shares before, let's say, 01-2008.)

Another certainty: Merrill Island will get permits and will start production soon afterwards and this will be a major market mover. Again, I do not care whether this will happen next month or e.g. in May 2007.

And then of course there is still Copper Rand...... same story.......

So again Michael, these are facts and I do not see how you can twist them. I bought CCH at 16, 12, 9 and 7 cents. However, I would not worry a bit if all these shares had been obtained at 16 cents.

Good Luck,
HTG

[wrkmq]

Hi HTG

I'm not angry about that I'm involved in CCH; I only bought them at the wrong moment. When Benson announced, that CCH will raise again, I ignored, that RSI and Stochastic was in the area of 75. So, I made the mistake. It was quite sure, that it will go down a little bit.
Alltogether that doesn't matter, because MACD is increasing and CCH will go up again. In the beginning of 2007 I will have some extra-money. I still consider to buy CCH again or.....

Greetings,

Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 26.148.721 von wrkmq am 13.12.06 12:21:35

Hi Michael

Here we go (from Stockhouse-Benson):

"The canadianinsider.com website reports two new Insiders owning a new balance of CCH shares. The only thing reported is “ Opening Balance-Initial SEDI Report”. No number is provided (yet) for the number of shares. But I don’t think the declaration would have been made if there were no shares owned.

Campbell Resources Inc. (CCH)
Transaction date: Dec 21, 2006
Lewis, David Mark
Stokes, Sean Duncanson
00 - Opening Balance-Initial SEDI Report Common Shares

I didn’t recognize these names as Campbell insiders, so I decided to check if they worked for Nuinsco. Sure enough , they did.

I found “Lewis, David Mark” listed as an NWI Insider in StockWatch.

Information on “Stokes, Sean Duncanson” was a little harder to find. He wasn’t listed in StockWatch for either company. But my trusty Google Search Engine gave me the info I needed. Mr. Stokes is the recently hired Nuinsco Corporate Secretary and Director of Investor Relations.

http://www.google.com/search?hl=en&q=%22Sean+Stokes%22+%2B+c…

Check on that first link (in the Google “hit list”), which takes you to the Nuinsco website. Read the biography of Mr. Stokes. Nice to see a guy with his experience (and insider knowledge) buying up CCH shares."

Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 26.443.676 von HonkyTonkGirl am 24.12.06 00:01:06

Hi Michael

From Stockhouse: "New filings at canadianinsider.com now show insider filings at .20 per share. The rights filings that go with the new shares are also shown. Fasten your seat belts...we're almost there!"

Het ziet er naar uit dat het een gigantisch interessant 2007 gaat worden!!! Insiders schrijven in op een shareprijs van 20 cents dus daar valt binnenkort veel leuk nieuws van te verwachten.

Gelukkig uiteinde en een voorspoedig 2007 gewenst.

hartelijke groet,
Honky Tonk Girl

[wrkmq]

Hi HTG,

Perhaps Campbell will be the showbag in 2007. We will see. I'm looking forward to 20Cent.

Prettige kerstdagen en een gelukkig nieuw jaar,

Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 26.588.888 von wrkmq am 30.12.06 21:42:29

Hi Michael

How do you like this:

CAMPBELL RESOURCES INC (CCH.TO) At 1:34PM ET: 0.125 Up 0.02 (19.05%)

good luck,
HTG

[wrkmq]

Antwort auf Beitrag Nr.: 26.642.518 von HonkyTonkGirl am 02.01.07 20:25:57

Hi HTG

I really enjoy it. I'm sitting in front of my PC and I do really enjoy that at the current level you can find two times more shares in the BID than in the ASK
Today is a very good day. The effekt of the 2nd January is back. All those guys who went out at then end of 2006 are coming back. My best value today went up 40%

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 26.642.799 von wrkmq am 02.01.07 20:39:50

Have a lookat the Nuinsco board (at Stockhouse too)
They do not understand what is going on.......

Good Luck,
HTG

Subject UserName PostTime

What's with CCH? chips20 1/2/2007 15:14

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 26.644.312 von HonkyTonkGirl am 02.01.07 21:50:34

Message from Benson at Stockhouse

After the effective date of the Nuinsco/Victory spin-off, people will be asking the following questions.

1) Where is the new NWI share price headed?
2) Does CCH hold better value?

Many of you have seen my analysis of the underlying value and earnings potential of CCH. If the only near-term earnings for the new Nuinsco will come from Corner Bay, then the comparison is very easy.

Campbell will have 3- 4 other properties (all 100% owned) that will also produce earnings. Those properties are Joe Mann, Copper Rand, Merrill Island, and Cedar Bay.

(We may not see any development at Cedar Bay until very late 2007. Mr. Fortier has said that it might be even longer than that, but I have a feeling that things will get moved up. They mentioned Cedar Bay in the April 24th press release.)

Even without Cedar Bay, the addition of those 3 other properties (plus Corner Bay) could easily bring us close to my estimate of $80 million a year in earnings, at an annual rate, by late 2007. That’s around 0.20 a share (ballpark).

Does anyone think the new NWI will be able to deliver those kinds of earnings?

Remember that CCH is also a gold producer. Gold producers command multiples 5x-10x higher than base metal producers. NWI does own shares in CCH, so they get indirect gold earnings exposure there. But Corner Bay has no gold. They have copper (exceptionally high grade/low cost copper).

Another wildcard is that Campbell may announce that they have 2 or 3 other satellite deposits (just like Merrill), that they will bring online. That news would, of course, come after the emergence from CCAA. Mr. Fortier hinted that they were evaluating other opportunities like Merrill (right after we first heard about Merrill Island). But after those few vague hints, he declined to talk about it again.

Click on my name to see my analysis. There are two different “compilations of analysis” on the CCH board. I just posted a summary of recent analysis from December and January. You will also find my “Compilation of CCH Fundamental Analysis”. I think the last time I posted that was on 12/11/2006. My flagship “due diligence #1” post has now been read by over 1,500 people. I will bring both of these posts forward with new links soon.

[Change of subject]

I have received several private emails from people asking me to consider whether the Bashing we have seen has been coordinated with the effort to promote NWI on the NWI message board. It looks like the same players (Basher scum) are involved. I see that scenario as more and more likely.

The final chess move would be to switch into CCH and ride CCH on up. I now think we may see that move. And some Institutional Investors that we know very well could be associated with these maneuverings – we will never know.

NWI shareholders (who have seen nice gains, I admit that) need to pay close attention to their timing. CCH could make very a very sudden move, if the Institutions capping it suddenly pull back the lid. (The late day buying of CCH today (Tuesday) by Anonymous was a little unusual.)

It has been very expensive for “Them” – they have had to give up tens of millions of shares to the keep the lid on CCH.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 27.147.131 von HonkyTonkGirl am 24.01.07 12:07:14

From Stockhouse:


"Don't know if you and the board are aware that Campbell Resourses will be attending the Toronto PDAC Resource Show March 4-7 in booth #2710, maybe starting to promote.

Could mean the end in sight for C.C.A.A., guess we'll just have to wait it out...

[Subsequent email, after I asked him to help me verify the news]
Benson, go to website as I told you, click on "exhibitor", then click on "Hall C", this is the on-line exhibitor list and floor plan, they have booth "2710", please let me know if you are able to find it.

http://www.pdac.ca/pdac/conv/index.html

================================
My comments:

1) I did successfully verify this. Campbell has bought the booth – it’s listed as per the instructions above.

2) The is freaking HUGE news. Mr. Fortier (CEO) has always said that they have no plans to promote Campbell until they have emerged from CCAA. If they are now buying booth space at a Gold Show, it means something.

3) Even with this news, none of us should be purchasing CCH with the specific expectation that the company will emerge from CCAA on or before the Feb 28th deadline. It could always happen that Campbell needs to file one more extension, and that extension would easily be granted, IMO. If there were further delays, the lawyers would most likely be to blame.

I don’t think this “negative scenario” will happen (I think we will emerge in the next few weeks), but it’s not over until it’s over. Emerging from CCAA is not the prime reason to buy CCH. The prime reason to buy is valuation. We have every reason to believe the CCAA issue will be taken care of – just don’t base your whole strategy on the timing of it. This news that Campbell will be at the PDAC show is strong evidence that things are on track."

[MONSIEURCB]

Gestern mit 9 Mio. Umsatz + 12 % in CA - news????

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 27.584.067 von MONSIEURCB am 10.02.07 17:28:32

Hi Michael

"Perhaps I'm the largest goofball, because I believed in so many lies. I got Campbell at the peak of 0,13 traurig"

Still feeling like a goofball??? Like I said before, it does not really matter at what price you buy this stock; it'll go up dramatically anyway and profits are just around the corner. Benson has been right all the way so far and I am looking very much forward to the next couple of weeks.

Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 27.584.067 von MONSIEURCB am 10.02.07 17:28:32

Hi Monsieurcb

Campbell has been going up for the past 7 days but this run has just started.

On or before February 28 Campbell should emerge from CCAA, a kind of creditor protection, and a Press Release by Campbell containing this news should raise the stockprice substantially.
Apparently there are a lot of investors have started accumulating this stock because they believe this will actually happening.

Another thing: Campbell has hired a newsstand at the upcoming show at Toronto in early March. Many believe that they would not have done so without being able to deliver good news (why hire a stand if you haven't got anything worthwile to say....)

Fundamentals are great: a very good outlook, copper, gold, enough cash in the pocket, infrastructure is already there, lots of digital drillingdata which hasn't been updated yet but that can be done at almost no costs, a permit for Merryl Island etc... etc... etc....

The future looks more than bright,

Good Luck,
Honky Tonk Girl

[wrkmq]

Antwort auf Beitrag Nr.: 27.607.410 von HonkyTonkGirl am 11.02.07 09:24:04

Hi HTG

I must admit, that I have been to doubtfully
It would have been better to put all money in at .08

But alltogether it was a very good experience for me...and a well payed one

Have a nice sunday!

Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 27.609.353 von wrkmq am 11.02.07 10:56:38

Hi Michael

It seems as if German investors are catching up again. I have noticed that the German shareprice lagged behind for the past weeks and only today is (almost) in line with Canada and the US.

Volume is picking up as well so interest in CCH is growing...... only ten more working days till the 28th.

Way to go campbell!!! YEAH!!!

Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 27.688.737 von HonkyTonkGirl am 13.02.07 19:34:12

Verzonden: 12-2-07, 20:08

Campbell Resources "Very Bullish" (van http://www.stockta.com)

Algeheel : Bullish 0,37
Korte termijn: Bullish 0,42
Lange termijn: Very Bullish 0,50

http://www.stockta.com/cgi-bin/analysis.pl?symb=CCH.C&num1=1&cobrand=&mode=stock
honky tonk girl
Lid sinds 08-1-04
Laatste bezoek 14-2-07


Verzonden: 14-2-07, 17:08

Vergelijk met gisteren:

Campbell Resources "Very Bullish" (van http://www.stockta.com)

Algeheel : Bullish 0,49
Korte termijn: Bullish 0,42
Lange termijn: Very Bullish 0,60

http://www.stockhouse.ca/bullboards/wraplink.asp?url=www.sto…

[MONSIEURCB]

Temporary suspension at the Copper Rand mine
Thursday February 22, 1:31 pm ET

MONTREAL, Feb. 22 /CNW Telbec/ - Campbell Resources Inc. (TSX: CCH, OTC Bulletin Board: CBLRF) ("Campbell") announces the temporary suspension of mining activities at its Copper Rand mine, located in the Chibougamau region of Québec.


The suspension is the result of a rock fall which occurred during the night shift, and observations of other ground movements in the area. There were no personal injuries or damage to equipment resulting from the incident.

The Copper Rand Mine has been in transition to an Alimak mining system. The ground fall has taken place in an area developed for the older mining system. The new Alimak mining system, complete with a new paste filling system, will significantly improve ground conditions.

A complete assessment of the situation will be conducted before operations can resume.

This incident will not impact production from our Joe Mann operation.

Campbell is a mining company focusing mainly in the Chibougamau region of Quebec, holding interests in gold and gold-copper exploration and mining properties.

[wrkmq]

Antwort auf Beitrag Nr.: 27.912.320 von MONSIEURCB am 22.02.07 22:40:21

Campbell ist schon ein verflucht "nervöser" Wert. So langsam kann man die ja schon fast wieder kaufen

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 27.917.582 von wrkmq am 23.02.07 09:46:04

Hi Michael

I don't think so....

"There were no personal injuries or damage to equipment",

so what are we really talking about... falling rocks are a inherent to mining and as long as there are no major damages being done I would just see this as a buying opportunity.

Apperently a lot of people think so anyway since the shareprice has not dropped a whole lot, right?!

Long and Strong on CCH!!!

Good Luck,
HTG

[wrkmq]

Antwort auf Beitrag Nr.: 27.918.698 von HonkyTonkGirl am 23.02.07 10:33:46

Hi HTG; your translation was wrong

A decline of about .020 is a good possibility to buy again. Having an accident at mine-side, that is not an accident but causes the course to fall is always a good situation to buy some more shares

...still believing in CCH !

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 27.919.046 von wrkmq am 23.02.07 10:48:59

Hi Michael

With "I don't think so" I was referring to your "nervoser Wert", and yes, this is absolutely a good time to accumulate!!!

Good Luck,
HTG

[wrkmq]

Antwort auf Beitrag Nr.: 27.920.218 von HonkyTonkGirl am 23.02.07 11:39:27

Okay! Only a little missunderstanding....

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 27.920.783 von wrkmq am 23.02.07 12:06:45

"Production will resume at Copper Rand. The time and tonnage remain in
question. We are arranging for three crews to begin rehabilitation work as
of to-day. We could have limited production in 2 weeks from now and
gradually increase it. The increase in tonnage will be dependent on the
extent of the damages that were sustained. We should have a better idea
within the next 2 weeks."

Regards,
André

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 27.924.303 von HonkyTonkGirl am 23.02.07 14:57:39

Hi Michael

Do you dare to predict the price of a share for friday March 9

HTG

[wrkmq]

Antwort auf Beitrag Nr.: 27.990.581 von HonkyTonkGirl am 26.02.07 21:30:00

why friday march 9 ????

i'm currently not reading the CCH-board on stockhouse. Is something happening on this friday?
If nothing will happen than the price will be in the area of .18$ again.

IMHO,

Michael

[MONSIEURCB]

Campbell Resources announces the sale of its Eastmain Mine Property
Tuesday February 27, 11:04 am ET

MONTREAL, Feb. 27 /CNW Telbec/ - Campbell Resources Inc. (TSX: CCH, OTC Bulletin Board: CBLRF) ("Campbell") announces that its wholly-owned subsidiary MSV Resources Inc. has sold its Eastmain Mine Property to Eastmain Resources Inc. In consideration for the acquisition of the Property, Eastmain Resources Inc. will pay an amount of $2.5 million in cash at closing, and will also issue 1,000,000 in common shares of Eastmain Resources Inc. and 500,000 purchase warrants allowing for the purchase of common shares at the price of $1.00 per share, for a period of 12 months.

On May 18, 2007, Eastmain shall issue an additional 1,000,000 common shares and 500,000 purchase warrants allowing for the purchase of common shares at price of $1.50 per share for a period of 12 months from the date of issuance. A Net Smelter Return Royalty ("NSR") of 2% on any production over and above 250,000 ounces of gold will also be retained with an option in favour of Eastmain to re-purchase one-half of the NSR for $1 million.

Campbell is a mining company focusing mainly in the Chibougamau region of Quebec, holding interests in gold and gold-copper exploration and mining properties.

Certain information contained in this release contains "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and is subject to certain risks and uncertainties, including those "Risk Factors" set forth in the Campbell's current Annual Report on Form 20-F for the year ended December 31, 2005. Such factors include, but are not limited to: differences between estimated and actual mineral reserves and resources; changes to exploration, development and mining plans due to prudent reaction of management to ongoing exploration results, engineering and financial concerns; and fluctuations in the gold price which affect the profitability and mineral reserves and resources of Campbell. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Campbell undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect unanticipated events or developments.

[MONSIEURCB]

Campbell Resources exits CCAA and provides an update on the Copper Rand Mine
Wednesday February 28, 10:08 am ET

MONTREAL, Feb. 28 /CNW Telbec/ - Campbell Resources Inc. (TSX: CCH, OTC Bulletin Board: CBLRF) ("Campbell") announces that the Monitor has, as of February 27, 2007, presented a Certificate of Execution with respect to the Plan of Arrangement of Campbell Resources Inc. confirming that it has executed all of its obligations pursuant to its Plan of Arrangement with its creditors.

Campbell Resources has also remitted to the Monitor all amounts required for the payment in full of the claims made by the creditors of GéoNova Explorations Inc.

Campbell's subsidiaries MSV Resources Inc. ("MSV") and Meston Resources Inc. ("Meston") were granted an extension to March 31, 2007 of the initial order granted June 30, 2005 under the Companies' Creditors Arrangement Act (the "CCAA").

On February 27, 2007, MSV Resources Inc. closed the sale of its Eastmain Mine Property to Eastmain Resources Inc. The cash payment of $2.5 million due at closing has been remitted to the Monitor, and adds to an amount of $1.7 million in mining rights tax credits already remitted to the Monitor. MSV is further pursuing the completion of its obligations pursuant to its Plan of Arrangement.

Meston Resources Inc. completed one of the two tax transactions set out in its Plan of Arrangement which generated proceeds of $536,000 presently held by the Monitor. The second transaction did not materialize. However, Meston has executed a letter of intent with respect to a new transaction which it hopes to close in the next few months.

The Monitor has expressed his intention to petition the Court in the near future for leave to proceed with complete and final distributions to the creditors of Campbell Resources Inc. and GéoNova Explorations Inc. and with partial distribution to the creditors of MSV Resources Inc.

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

Update on the Copper Rand Mine


At the Copper Rand mine, rehabilitation work began less than 24 hours after a rock fall which occurred February 21, 2007 (press release February 22, 2007) in the main crosscut at level 4690. This drift is used as the main access to various ore draw points. Reinforcement of the ground supports in sectors neighbouring the rock fall is part of the rehabilitation work underway. Campbell expects to gradually resume production by Monday March 5th with normal operations to resume by March 19th.

Campbell is a mining company focusing mainly in the Chibougamau region of Quebec, holding interests in gold and gold-copper exploration and mining properties.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 28.031.079 von MONSIEURCB am 28.02.07 18:11:29

Hi MonsieurCB

Great news, eh?!!!

Next week Campbell will be attending the Toronto PDAC-Fair and its managers should put Campbell in the limelight. Lots of publicity and two aggressive PR-(NWI)-managers that are going to help out.....

Do you care to predict next friday's shareprice?

Good Luck,
HTG

[HonkyTonkGirl]

Hi MonsieurCB

Do you read posts only or may we expect the occasional answer as well?

Good Luck,
HTG

[MONSIEURCB]

Antwort auf Beitrag Nr.: 28.161.830 von HonkyTonkGirl am 07.03.07 11:34:24

Schwätz Düütsch, bigott!

Of courrse my dear...aber ich bin weniger der Glaskugel-Leser als vielmehr der kühle Rechner, der lieber alle denkbaren und undemkbaren Unwägbarkeiten ins Kalkül miteinbezieht.
Und da sehe ich bei unserem Schätzchen noch einen gehörigen Bedarf an Sitzfleisch voraus, der sich aber bis spätestens 2008 höchst erfreulich auszahlen dürfte. Let's roll! Herzlichst - Chris

[MONSIEURCB]

Bis jetzt schon über 4 Mio. Umsatz und +13% .. hab eben noch (wenn auch schmerzhaft über pari) nachgelegt...da ist was im Busch! Mein Kursziel für dieses jahr: 0,5 €

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 28.205.564 von MONSIEURCB am 09.03.07 16:33:40

Next week should be spectacular IMHO

Nuinsco Resources Limited (TSX:NWI, http://www.nuinsco.ca)


http://www.kitco.com/pr/2042/article_03092007135822.pdf

Entered into a transaction with Campbell Resources Inc. ("Campbell") to provide for a fee consulting services on the operation of Campbell’s gold-copper operations in Chibougamau, Quebec. Nuinsco has acquired a 10% equity interest in Campbell and holds warrants to increase this interest toapproximately 30%. Nuinsco will also receive a 50% carried interest in the advanced Corner Bay copper deposit. Corner Bay has measured and indicated resources of 446,000 tonnes grading 5.58% copper and an additional 1.4 million tonnes inferred grading 6.76% copper, and could be in production in approximately one year.

[MONSIEURCB]

Campbell Resources Announces Its Fourth Quarter and Annual Results for 2006
Thursday March 15, 9:50 am ET

MONTREAL, March 15 /CNW Telbec/ - Campbell Resources Inc. (TSX: CCH, OTC Bulletin Board: CBLRF) today announced financial and operating results for the fiscal year and fourth quarter ended December 31, 2006. During the year, the Company took significant steps toward exiting CCAA, a goal that was partially achieved subsequent to year end. Other achievements during the year that positioned the Company to take advantage of strong copper and gold markets included:

- Received approval of creditors for the Plans of Arrangement.
- Campbell and GeoNova exited CCAA protection subsequent to year end.
- Working capital increased by $26.2 million on a proforma basis.
- Completed three equity financings totaling $18.1 million.
- Repaid $4.0 million of secured debt.
- Sold the Discovery property to Strateco Resources Inc.
- Retained Geostat Systems International Inc. ("Geostat") to complete a
43-101 compliant technical report (Ref. SEDAR) on the high-grade Corner
Bay deposit which estimates measured and indicated resources at
542,000 tons grading 5.03% Cu.
- Positive Geostat technical report recommends proceeding with the
extraction of a 42,000 tonne bulk sample grading 3.7% copper at Corner
Bay.
- Collared the portal and began installation of infrastructure for
development of Corner Bay.
- Entered into an Operating Consulting Agreement with Nuinsco Resources
Limited for consulting services at the Campbell's Chibougamau
operations.
- Sold the Eastmain property for $2.5 million in cash, two million common
shares, one million common share purchase warrants and a 2% net smelter
royalty.
- Identified the Merrill Island property for potential early copper
production.
- Applied for permits to begin operations at the Merrill Island open pit.

FINANCIAL RESULTS
-----------------

The Company recorded a net loss of $32.2 million or $0.19 per share in the
fourth quarter of 2006, compared with a net loss of $21.3 million or $0.20 per
share in 2005. The net loss includes a write down of the carrying value of the
Copper Rand property by an amount of $23.7 million to an estimated fair value
of $30.0 million and a write down of the Joe Mann property by an amount of
$1.3 million to nil. For the year, the net loss was $41.2 million, or $0.27
per share, compared with $24.4 million, or $0.23 per share, in 2005. These
results do not include operations at the Copper Rand Mine, which continue to
be capitalized as preproduction development.
In 2005, the Company wrote down the carrying values of the Discovery
property by $1.8 million following the acceptance, in 2006, of the offer to
purchase the property from Strateco Resources Inc. and the Copper Rand Mine by
$16.7 million based on a projection of the operation's future cash flow.
Gross metal sales for the fourth quarter of 2006, comprised exclusively of
gold production from the Joe Mann mine, were $3.2 million compared with $4.2
million for the comparable period in 2005. The average market gold price for
the fourth quarter was $717 (US$622), compared with $581 (US$498) for the
fourth quarter of 2005.
Gross metal sales for 2006 were $11.9 million (13,800 ounces of gold)
compared with $19.9 million (30,500 ounces of gold) for the previous year. The
average market gold price was $682 (US$601) for 2006 and $539 (US$449) for
2005.
Mining expenses for the fourth quarter 2006 were $4.1 million, compared
with $4.0 million for the comparable period in 2005. The operating cost per
ounce in the fourth quarter of 2006 was US$922 compared with US$578 in the
previous year. Mining expenses for 2006 were $13.9 million compared to
$16.4 million for the previous year and the operating cost per ounce was
US$798 compared with US$442 in 2005.

JOE MANN MINE
-------------

Joe Mann, originally scheduled to close in November 2005, continues to
operate without known reserves. Production in the fourth quarter was
3,722 ounces of gold and 77,580 pounds of copper compared with 5,577 ounces
and 192,258 pounds in the same period in 2005. Average gold content per ton
produced was 0.237 ounces of gold, compared with 0.256 ounces of gold,
realized for the same period in 2005. During the quarter, 18,269 tons of ore
were milled compared with 25,678 tons in 2005. The development of new blocks
of ore has been initiated on lower levels to support 2007 production estimated
at 20,000 ounces of gold.
For 2006, production totalled 14,146 ounces of gold and 439,778 pounds of
copper, compared with 29,431 ounces of gold and 897,460 pounds of copper for
the same period in 2005. For the year, gold grade averaged 0.207 ounces per
ton compared with 0.254 ounces per ton in 2005.

COPPER RAND MINE
----------------

As the Copper Rand Mine is still under development and has not yet reached
commercial production, its results are not included in the Company's
consolidated financial results.
Production for the fourth quarter was 15,393 tons grading 2.90% copper and
0.064 ounces of gold per ton for a total metal production of 874,761 pounds of
copper and 846 ounces of gold. For 2006, total production reached 76,250
tonnes for a production of 3,275,246 pounds of copper and 3,716 ounces of
gold.
The completion of the paste backfill plant was accelerated and is
scheduled to be put in operation by the end of March 2007. To improve
productivity, a mobile equipment maintenance program was put in place to
increase the equipment availability and to reduce operating costs; the size of
development headings were reduced as part of ground control program; the
Alimak mining method was introduced and is on-going to reduce development in
waste rock and provide a more effective mining method. A mining firm,
specialized in Alimak mining, has been retained by Campbell to do this work.
For the fourth quarter of 2006, the Company invested $3.9 million in
development of Copper Rand net of $2.9 million of revenue generated from the
mine. For the year 2006, $5.8 million was invested in this property net of the
net metal sales revenue of $12.1 million.

COPPER RAND MILL
----------------

Operations at the mill continued on a 4 days per week schedule and treated
ore from both the Copper Rand and Joe Mann mines. The Copper Rand Mill has
capacity to process additional ore from other deposits in the area.

OUTLOOK
-------

Management has completed the assessment of the ground conditions at the
Copper Rand Mine and has initiated the development of a 1400-foot long ramp
between levels 4690 and 4510 to replace the existing ramp between the two
levels. The cost of the new ramp will be offset by a substantial reduction in
the amount of rehabilitation work required and will provide a more secure
working environment. This decision will limit production from the Copper Rand
Mine until June. Effective January 1, 2007, the Copper Rand Mine will be
treated as having reached commercial production. As a result, operating and
financial results will be included with Joe Mann operating and financial
results in future financial statements.
As part of the ongoing strategy to maximize mill throughput, the Company
intends to initiate production from the Merrill Island open pit as soon as the
required environmental permit is obtained. The required permit is expected by
the end of March. Production from that operation will compensate in part for
the temporary loss of the Copper Rand production and represent a significant
contribution to the volume of ore milled as monthly tonnage should average
20,000 tonnes. The Merrill Island open pit contains historical measured
resources of 1.1 million tons grading 0.92% copper and inferred resources
0.905 million tons grading 0.53% copper. Other deposits in the area are being
assessed to provide additional ore for the Copper Rand Mill.
Output at the Joe Mann Mine reflects the decreasing number of work places;
however the Company is implementing a first stage exploration program of 4,000
metres both at depth and within the mine to evaluate the potential to continue
production. Exploration will begin at the end of the second quarter.
The Company expects to soon complete the financing to develop the
high-grade Corner Bay copper project. The Company has collared the ramp and
the required surface infrastructure has been established on site. Bids for the
development of the ramp have been received and work is expected to begin in
the second quarter leading to production within twelve months.
The Company recently announced the closing of the sale of its Eastmain
Mine property to Eastmain Resources Inc. The $2,500,000 received has been
deposited with the Monitor for eventual distribution to creditors. The shares
and warrants included as part of the sale proceeds remain with the Company.
Campbell and GeoNova have met all of the obligations pursuant to the Plans
of Arrangement with the creditors and have received a certificate to that
effect from the Monitor. Both MSV Resources and Meston Resources will require
more time to complete the agreed Plans of Arrangement with expected completion
during the second quarter.
With two producing mines, a mill capable of handling significantly more
ore, an exceptional deposit at Corner Bay, a dominant position in the
Chibougamau mining camp and its exit from CCAA protection, the Company will
capitalize on the robust metal markets. In 2007, Campbell's priorities will be
to evaluate opportunities and implement procedures to increase production from
the Joe Mann and Copper Rand mines, to maximize mill throughput through
regional exploration programs such as the Merrill Island Pit and, perhaps most
significantly, to complete development and begin to process the high-grade
copper mineralization from Corner Bay. Management is excited about the
Company's potential and looks forward to a successful and productive year
ahead.

[turbozertifikat]

MARCH 26, 2007 - 12:54 ET

Campbell Resources Inc. Announces $7 Million Private Placement Equity Financing

MONTREAL, QUEBEC--(CCNMatthews - March 26, 2007) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

Campbell Resources Inc. (TSX:CCH)(OTCBB:CBLRF) (the "Company") is pleased to announce that it has entered into an agreement with a syndicate of Agents led by Sprott Securities Inc. and including Dundee Securities Corporation and Octagon Capital Corporation to offer for sale on a best efforts private placement basis up to $ 7 million of flow-through common shares of the Company.

The gross proceeds of the offering will be used for continued exploration on the Company's Corner Bay project.

The securities described herein will not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.

Campbell is a mining company focusing mainly in the Chibougamau region of Quebec, holding interests in gold and gold-copper exploration and mining properties.

Certain information contained in this release contains "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and is subject to certain risks and uncertainties, including those "Risk Factors" set forth in the Campbell's current Annual Report on Form 20-F for the year ended December 31, 2005. Such factors include, but are not limited to: differences between estimated and actual mineral reserves and resources; changes to exploration, development and mining plans due to prudent reaction of management to ongoing exploration results, engineering and financial concerns; and fluctuations in the gold price which affect the profitability and mineral reserves and resources of Campbell. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Campbell undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect unanticipated events or developments.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 28.506.615 von turbozertifikat am 26.03.07 19:59:00

Next week: 1st quarter earnings incl. Copper Rand mine for the very first time! This should be excellent and move the SP up!!!

then 10 May the New York Gold show. Campbell has rented a booth and will (finally)do some P.R. lots of new American investors will learn about this Junior which happens to be a producing copper/gold miner with a PE ratio of under 1.

What follows is a very good analysis done by Bensonlurker. For those of you whoare new please read his dd and think about where this stock is going to go this year................

Good Luck,
HonkyTonkGirl


Fundamental Analysis Campbell Resources

1) Shares outstanding after restructuring? Reading between your lines, it appears to be around 400 million.

You are correct. The fully diluted shares will be slightly more than 400 million. The exact number is in the prospectus. But this number included a lot of warrants. The number of warrants is probably over 100 million. The calculation gets a little difficult because some groups are getting the units with half a warrant, and some groups will not.

The fact that there are a lot of warrants brings some benefit. First of all, some of these warrants may never get exercised, and would not result in dilution. The warrants are “callable” on or after May 26, 2007, if the average share price is above .30. I expect the share price to be way above .30 by May, so most warrant will probably be exercised. But you never know.

The real reason to buy the Rights at $.08 is for the common share. The half warrant is just icing on the cake. Of course you need to own Campbell (you must buy in the next week or so), just to get the Rights offering. Rights for U.S. investors is a separate discussion.

The other benefit is that the exercise of these warrants will bring in another massive wave of cash for the company. The warrants require payment of $0.15 to exercise. With 100 million warrants exercised, that would be another $15 million cash for Campbell. Let’s see now… Copper Rand will already be producing, and Corner Bay development will already be financed.

They could spend the $15 million additional funds to bring the Cedar Bay mine into production. That would be their 5th mine operating by late 2007. The August 24th press release specifically mentions bringing Cedar Bay into production.


Question 2) Projected copper and gold production numbers for 2007 and 2008?

Question 3) projected cash costs for 2007/2008?

The answer varies, depending on which mine you are looking at. Campbell should have 5 mines operating by late 2007:

- Joe Mann (mostly gold)
- Copper Rand (copper, with significant gold byproduct)
- Corner Bay (copper)
- Cedar Bay (an extension of Copper Rand, but with higher gold grades)
- Merrill Island (a satellite deposit. We will see earnings in 2006 from this small mine)

You need to examine several sources to get an accurate picture of expected production, and production costs. Details for Copper Rand are presented in excellent detail in the Prospectus (see below). For Joe Mann and Corner Bay, you need to do some investigation.

Joe Mann mine
=============
I expect production at Joe Mann to rise back above 30,000 ounces of gold per year. Joe Mann will also produce almost 1 million lbs copper. I conclude this because:

- Joe Mann was producing above 30,000 ounces gold in 2003, 2004, and 2005

- The main reason why production dropped in 2006 was the cash crises the company faced.

- Campbell will begin a significant drill program at Joe Mann (see prospectus). The Resource number should go higher.

- Even without new drilling, the Joe Mann Resource number (not the Reserve number) would support about 2 more years of production.

- Mr. Fortier gave an interview in a Quebec paper in late March 2006. He is quoted in that article saying he was targeting a number above 100,000 tones per year from Joe Mann (grades about 0.30 oz/ton). The translated article was posted on StockHouse the same day (posted as text).

- I expect production costs of around $400 USD per ounce. This is inline with production costs we saw in the 3rd and 4th quarter of 2005, before their cash crisis.


Copper Rand mine
================

For Copper Rand, please refer to the Prospectus for the best detail. The Prospectus is available StockWatch (subscription), and it should also be in Sedar (free).

The ballpark numbers I have been using are for 14 million lbs copper and 37,000 per year from Copper Rand. These numbers were extrapolated from the slideshow on the Campbell website. I had been using the slideshow numbers, minus the 25% lowering of expecations we saw in a recent report.

Updated numbers are below. These numbers are for Copper Rand only. They come from the table in the Prospectus (with my math calculations), and are slightly different from numbers I have posted in the past.

Cooper Rand 2007
----------------
Almost 11 million lbs copper
18,000 ounces gold
Copper production costs about $2.07 CAD per pound
Gold production costs $0.00

Copper Rand 2008
----------------
Almost 16 million lbs copper
Almost 26,000 ounces gold
Copper production costs about $1.60 CAD per pound
Gold production costs $0.00

Comments:
=========
In 2009 and 2010, the copper grades come down, and the gold grades go much higher, as the ore mix changes.

Production costs are higher in 2007, then come down in 2008. Let me emphasize: The prospectus gives a detailed table, on page 48, showing the 5 year production plan for Copper Rand. Every year is modeled.

These are total production costs, including “environment” and “human resources”. In the past, I have posted about cash operating costs.

This model shifts all of the production cost into the copper component. That’s reasonable, because Campbell has typically provided one number for Copper Rand – the cost per ton. Any gold they get out of that ton is accounted for as a byproduct.

These numbers are Canadian dollars. In my previous models, posted in StockHouse, I have used US dollars.

The reason I sound a little defensive is because I have often posted that the copper production costs at Copper Rand should be around $1.25 per pound. I pride myself on accuracy. When you see how they have modeled these costs, you see that the latest numbers are not that far off.


Corner Bay mine
===============

The Corner Bay mine is Campbell’s “Behemoth” project. Nuinsco (NWI.TO) will be paying for part of the development of Corner Bay. Nuinsco will own 50% of the production from CB, but it looks like that is only for the first 250 meters of the mine.

Campbell will proceed with a bulk sample program over the next 2-3 quarters. The Prospectus says that we will see about 8 million lbs copper produced in this bulk sample program (if I did my math correctly).

Full production will be start after the bulk sample, should be mid-2007. The prospectus doesn’t talk a whole lot about the anticipated production rate from Corner Bay. I was using a number of 9 million lbs copper per year. But Nuinsco wrote some comments about Corner Bay in one of their recent press releases. Nuinsco listed an anticipated production rate of 15 million lbs copper per year.

I expect production COSTS to be much LOWER than Copper Rand. That’s my conclusion, not something that Campbell has indicated. I base that on the fact that the CB copper grades are more than double the grades at Copper Rand, and the ore exists at shallow depth.

Campbell discusses an initial mine plan in the prospectus. As one might expect, they don’t postulate (dream) about what Corner Bay might become. But take a look at the total tonnage numbers. If you count all three categories of Resource, you will come up with about 250 million lbs cooper.

Add to that the fact that Campbell will start further drilling in the next few months. They do say, in the Prospectus, that the Corner Bay deposit will probably grow.

I know I’m being optimistic here, this next comment is a “blue-sky” scenario. But I think that within the next 1-2 years, we will be looking at a total Resource of over 400 million pounds high grade copper at Corner Bay. And Nuinsco will own much less than half of that production.

Cedar Bay
=========
Cedar Bay is an extension of the Copper Rand mine. It’s a former producing mine, and can be brought back online fairly quickly. There is a beautiful diagram of the Cedar Bay deposit in the Prospectus, and on the Campbell website.

The April 24th, 2006 press release specifically mentions bringing Cedar Bay back into production. But the Prospectus only discusses Cedar Bay in a footnote. I have confidence that we will hear more about Cedar Bay after all of these deals close.

My ballpark, gut feel, is that we will see annual production of 5-10 million lbs copper, and over 25,000 ounces gold, annula production, just from Cedar Bay. The main reason for this guess is that Cedar Bay appears (in the diagram) to be smaller than Cooper Rand, but Mr. Fortier said that the average gold grade was higher (Mr. Fortier never provided details on the grade)

I expect Cedar Bay production will start in late 2007. I base that date on the fact that Cedar Bay is mentioned in the April 24 press release.


Merrill Island
==============
This is the first of several “satellite properties” that Campbell will be bringing online. Production should start within about 30 days.

Production rates will be low, but profitable. Let’s talk more about this later.

The important thing to note about Merrill Island is that Campbell management never talked much about the fact that they own several of these “satellite deposits”. It was a surprise to everyone on the StockHouse CCH board, when Campbell made the announcement that Merrill Island would start producing. They announced it 1 or 2 months ago.

This revelation, about Merrill Island, helps describe one of the best things about the Campbell Management team: They will more likely offer a positive surprise than a negative surprise.

How many Dips_hit Juniors have we seen, where Management offers more hype than substance? The average mining company Management always seemed to be overstating things.

Then we have Campbell Management that says “Oh, by the way, we also own a bunch of other small satellite deposits, and we decided to start producing from them. Sit back, production will start in a few months”.

Campbell has a few other “satellite” deposits, they wrote that in a recent report. But Mr. Fortier refuses to give any details on this. I guess we just have to wait for Christmas.


Conclusion:
===========
I have been posting, for a long time, that I believe Campbell will be earning between $30 and $80 million Canadian dollars by mid-2007. That will be the annual rate they will hit by mid-2007, so total earnings for 2007 could be slightly lower. That will give Campbell a forward PE ratio of somewhere between 1 and 3.

I have written how the CCH price got “walked down” this week, by a bunch of slimeball Traders from TD Sec. I watched it happen in level 2 – you could see them “taking out the bids” with a bunch of low volume sales. Late Friday, TD Sec (broker 7) was bidding to buy the shares right back.

Well if you take my more optimistic model of $80 million annual earnings, and use Friday’s share price of $0.14, you will come up with a forward PE ratio of about 0.70.

That’s right, a producing copper/gold miner with a PE ratio of under 1

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.079.103 von HonkyTonkGirl am 01.05.07 01:14:49

FIREWORKS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

The train has started to move...................................

* Campbell Resources have a new website which looks extremely good!

http://www.ressourcescampbell.com/

* Next week they will appear at the New York Gold Show. Campbell has a booth their and will show up for two days heavily promoting the company, which should attract many new investors.

* Both gold and Copper are big time up and have been for the past months.

* Next week 1st Quarter results: incl. for the first time Copper Rand earnings.

last Friday: Campbell up plus 12% in the US and Canada. Next week we should see some real FIREWORKS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.157.024 von HonkyTonkGirl am 05.05.07 21:36:57

Does anyone still read this board????????????????????????????????

Good Luck,
HTG

[wrkmq]

Antwort auf Beitrag Nr.: 29.175.160 von HonkyTonkGirl am 06.05.07 22:19:42

I sold at .15 . Campbell is a "long" investment; they will need much time to restructure and to put everything in operation . But staying long, I prefer Lafayette.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.219.479 von wrkmq am 08.05.07 20:11:28

Hi Michael

Can't believe you sold them right before the first quarter results will be published. I believe this stock is going to move up more real soon.

Good luck with Lafayette.

HTG

[HonkyTonkGirl]

View user's profile Post Mon May 14, 2007 2:32 pm Reply with quote Edit/Delete this post

Recommendation from the other side.......
Good Luck,
HTG



24 Reasons to buy CCH/CBLRF


1) Super low share price (15 cents), for a miner with multiple properties in Production NOW.

2) Phenomenal, powerful TECHNICAL chart.

3) Recent record breaking volume on the Toronto Stock Exchange (TSX).

4) Gold and copper production. Gold production at their main Copper Rand project has ZERO production costs (it's by-product).

5) One of the only mid-cap miners with future royalty arrangements worked out.

6) Institutions own 80% of shares, and have recently bought more.

7) Sprott Asset Management is leading investor.

8) Insiders at both Campbell and Nuinsco own CCH shares.

9) Some employees own options, often at higher prices that today’s price.

10) All mining operations in Quebec, Canada – no geopolitical risk.

11) Several “back-burner” projects.

12) Massive exploration portfolio.

13) All of Nuinsco’s (NWI.TO) near term earnings will come from Campbell’s execution of plan. They are “betting the farm” on their partner Campbell.

14) Campbell and Nuinsco have announced plans for future projects (that have not even been identified yet).

15) Exercise of warrants exercise will provide more cash to Campbell.

16) Tremendous following among retail investors.

17) Management appears to be “down playing” while Institutions accumulate (opinion only).

18) Huge “Tax Loss Carry Forwards” ($71 million) are on the books. No corporate tax will be due, for many quarters.

19) Excellent labor relations with their miners.

20) Most Gold Mutual Funds have not bought in yet.

21) Independent Gold writers (Moriarty, Roulston, Casey) are not covering Campbell yet.

22) New message board for CCH quickly jumps to the top of the list in traffic.

23) Former message board was in the “Top 5” in traffic for over 8 months.

24) Campbell is discussed on several other message boards, including 3 message boards in Europe.

==================================================================

Great technical chart. Here is the weekly chart, showing the longer term trend:

LINK coming soon

This message post, form the “Official” CCH message board, has an annotated chart, showing the higher volume on the UP-moves, and much lower volume on the DOWN-MOVES.

LINK coming soon

The share price is depressed because of an artificial barrier, created by the restructuring risk. That risk has now been lifted - see the February 28 press release. Today’s price is still artificially depressed – great opportunity for value buyers.

Current earnings targets ($30 - $80 million) could be reached with just two mines at full production (Copper Rand and Corner Bay). We should see that by the end of 2007. The old Joe Mann mine just represents a little icing on the cake, if it’s still in production.

This (near future) earning model would lead to a forward PE ratio of between 1 and 3, based on the (fully diluted) share outstanding of about 550 million. A 550 million share capitalization is NOT out of line for a producing mid-cap miner. Here’s a table that compares mid-cap Gold producers

Campbell certainly has enough gold production to be considered a “gold producer". Gold producers trade at average PE ratios 3 – 6 times higher than base metal (copper/zinc) producers.

More comments on CCH gold production here:

LINK coming soon

Campbell is pone of the only mid-cap miners I have even seen that has future royalty arrangements worked out. Campbell will have royalty income from 3 properties (counting the Pitt Gold project, which is not a pure royalty). These are all GOLD royalties. Royalty income is the “holy grail” in this industry, and will ensure that CCH trades at a premium to other gold mid-caps.

After Copper Rand and Corner Bay are in full production, Campbell plans to bring the Cedar Bay mine into production. This is a formerly producing mine, and can be brought online fairly quickly. Here is a great picture:

LINK

Campbell has other projects on the “back burner”, for example the Chevrier Gold project.

Campbell has a massive portfolio of exploration claims, in nearby areas of Quebec. This is a highly prolific mining region, with several “mega-mines” that have operated through the years. Campbell has hundreds of claims. In my opinion, just their exploration portfolio alone is worth more than 15 cents a shares.

We believe Campbell at least 80% owns by well respected Institutions. It’s hard to get an exact figure because many Institutions bought less than 10% of the May 2006 placement – less than 10% doesn’t need to be reported. See comments below – we have reason to believe that many of these buyers were connected to Sprott.

The Campbell share price was depressed because they were operating under CCAA restructuring protection. Campbell (the parent company) is now out of CCAA. Almost all of the risk was lifted when the shares of the parent company (CCH.TO / CBLRF) became free of this encumbrance.

The long-term chart shows “where the CCH share price came from”, and “where is could be going”. Notice the explosion in volume since September 2006.

LINK

The Author’s personal price target for CCH is $2 - $5 a share.

There is lots of precedent for that kind of move in Junior mining stocks. The Author’s last “home run” stock pick was Southern Star Resources (SSR.V, now merged into GEA.TO). Benson was recommending SSR throughout 2005. It ended up providing a 40x gain to early investors.

A skeptical investor could cut those CCH targets by 75%, and still end up with a CCH target price of 50 cents – a very nice gain from today’s price. In other words, you don’t have to believe everything you read here, you can be a skeptic, and still see some excellent gains if you buy right now (because the share price is so low).

Campbell has gold production, copper production, and royalty arrangements that will pay out in the future.

Campbell’s main money maker in the next two years will be the Copper Rand (CR) mine. This project is 100% owned by Campbell. The thing to realize is that the CR mine will have substantial gold production, in addition to its substantial copper production. But the gold component is all byproduct”, with ZERO effective production costs.

Just Copper Rand alone should be able to generate $40 - $50 million CAD per year in earnings at today’s metal prices. The company has announced that full production is planned for the 3rd quarter.

Campbell also has the new Corner Bay mine. That mine is a Copper Resource only (at least that’s what they have told us so far). Corner Bay is also 50% owned by Nuinsco resource (NWI.TO). The ore grades at Corner Bay are extremely high. Most of the resource is above 5% copper content, some sections have close to 7%, some veins are as high as 9%, or even 12% copper.

It is my personal opinion that production costs at Corner bay will be below $1.00 per pound. I base this assumption on the super high copper grades and the shallow depth. Campbell management has been leaking information that Corner Bay production costs would be more like $1.50 - $1.70 per pound, but I think that’s a bunch of “hogwash Down Play” (my opinion only – no proof).

When the ore grade is more than double, the production cost per pound is less than half – less than half the production cost for similar projects in the areas. And Corner Bay is not “similar”, it’s “shallow depth”, which means even lower costs.

This miscommunication from the company (or is it deliberate disinformation, we don’t know) is one of the biggest things that pisses me off right now. All readers here, when they are talking with Mr. Fortier, need to ask lots of questions on this issue. It seems like they just don’t want the story getting out – not while the Institutions are doing their buying.

The shares trade at artificially low prices. Many people watching this stock believe there is an organized attempt by Institutions to “keep a lid” on the CCH share price, while they put together some kind of back room deal. That “deal” could just be more Institutional/ Insider buying, or it could be a takeover attempt. There is suspicion (but NO solid proof) that these Institutions are receiving cooperation from Campbell Management (read the “Chronology of the Down Play”). This is personal opinion only.

Some of the most respected Institutions in Canada have invested huge sums of money in Campbell’s shares, with the last year. At the top of the list is “Sprott Asst Management (SAM)”. It can clearly be seen in reports that that SAM owns 16 million CCH shares. But they would also own at least 8 million warrants along with those shares.

Then there was a recent message board post indicting that SAM recently purchased 23 million more shares. This time, they apparently purchased CBLRF shares. There is supposed to be an SEC filing that documents this purchase. But I have not seen the link that documents that purchase - I would appreciate it if someone would post a link or excerpt on the InvestorVillage board.

Assuming this latest purchase is accurate, Sprott Asst Management (SAM) would now own over 50 million shares and warrants combined. That is a huge vote of confidence in Campbell.

Campbell sold a private placement in may of 2006. The placement was for 125 million shares plus 62 million warrants. The private placement was quickly filled. The Author believes that a group of Funds with a close connection to Sprott bough these shares. We believe that because of this filing in Sedar, which revealed the name of 9 funds:

Sprott will now own CCH in 9 funds

These funds are different from Sprott Asset Management (SAM), but most of these funds have Sprott in their name. We sometimes refer to them as one entity, like when we say that Sprott owns over 200 million shares.

Nuinsco Resources (NWI.TO) owns 36 million CCH shares (official filing). They also own 70 million warrants – so their total position may be as high as 100 million shares in the future. At my target high price of $5 a share – that would represent a $500 million capital gain for Nuinsco. That kind of cash hoard is “record-breaking” for a small Canadian miner, and Nuinsco is a “small Canadian miner”.

This is important – no company will ever walk away from that kind of opportunity. Remember that Nuinsco’s top Management sits on the Campbell Board of Directors. Nuinsco insiders also own CCH shares in their personal accounts. Buyers should have confidence that they are NOT going to mess it up for themselves. You may see the share price manipulation games that we talk about, but in the end, the only way that Nuinsco gets paid is if the CCH share price goes up. Unless, of course, they try to take over the company.

The same goes for “Sprott”. We believe that Sprott Asset Management (SAM) now owns over 50 million shares and warrants (see point above). And a group of Institutional Funds (most with “Sprott” in their name) own over 200 million shares + warrants. So with my high target range of $5 a share, that’s $1 billion in cash for this group of funds. Nobody is going to walk away from a $1 billion windfall (even if the actual gain is spread across different Sprott funds).

All they have to do is make sure that Campbell Management performs. But there is also precedence for firms like Sprott to help support the stock price at certain price levels.

Even with the apparent 80% Institutional ownership, very few Institutions own CCH yet.

Fidelity Gold Fund, Evergreen, First Eagle, US Global Tocqueville - all of these guys mainstream funds have yet to buy into Campbell, while CCH would be the ideal investment for Gold Mutual Fund.

None of the well-know Independent Writers and Commentators in the sector are covering Campbell yet. There have been no commentaries by Bob Moriarty, Laurence Roulston, Doug Casey, Clive Maund, or any of the others yet. Get in know, before the herd.

The group of serious CCH investors crated a new message board on InvestorVillage, and in two weeks it jumped to the highest traffic message board for TSX stocks board in InvestorVillage.

The CCH message board in StockHouse was in the “Top 5” for traffic for over 8 months. Most of the serious posters have now abandoned that board, because it’s now become just a dirty gutter for Professional Bashers (like “MolySpecKing”) but the huge traffic that we had on that board is telling you something.

It’s hard to find a stock that got some much negative attention from the roaming packs Bashers in SotckHouse. Alls serious contributors were attacked. You just know these Bashers have an “under the table” connection with the Institutions somewhere. Seeing that much effort put into Bashing CCH was a sure sign that Campbell is an “undiscovered gem”. The Bashers don’t waste their time on stocks that aren’t going anywhere.

[HonkyTonkGirl]

Goed nieuws van Normabec Mining. (Campbell heeft een 20% belang via GEO-Nova)

========================================================
Re: Normabec Mining - Monday, May 14, 2007
Normabec Reports Numerous Gold Intercepts on the Pitt Gold
Property
=======================================================================

St-Bruno, Quebec- May 14, 2007 - Normabec Mining Resources Limited
(Normabec, TSXV: NMB) is pleased to announce numerous successful
intercepts from its winter drilling program on the Pitt Gold property,
located along the Porcupine-Destor Break some 35 km north of
Rouyn-Noranda, Abitibi.
(...)
The high number of gold bearing structures and the presence of numerous
high grade intercepts indicate the existence of a major mineralizing
event on the property.
(...)
The completion of 5,685 meters of drilling enabled Normabec to earn a
60 percent interest in the Pitt Gold property, per the option purchase
agreement signed with SOQUEM Inc. and GeoNova Exploration Inc. To date,
the company has completed more than 16,456 meters of drilling on the
property since the signing of this agreement. Normabec also began the
process of acquiring an additional 20 percent interest in the property,
which can be earned by spending C$500,000 before June 2008.
(...)
GeoNova is a wholly owned exploration company of Campbell Resources
Inc., a mining Corporation which operates mainly in the Chibougamau
area of Quebec, and holds several gold and copper properties.

For more information, contact:

Robert Ayotte, President
Tel: [phone]
E-mail: [e-mail]

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.308.549 von HonkyTonkGirl am 14.05.07 20:15:18

Attention Business/Financial Editors
Campbell Reports First Quarter 2007 Financial Results, Provides Summary of Activities

Copper-gold miner capitalizing on dominant position in Chibougamau mining
camp

MONTREAL, May 14 /CNW Telbec/ - Campbell Resources Inc. (TSX:CCH, OTC
Bulletin Board : CBLRF, www.campbellresources.com) today announced financial
and operating results for the first quarter of 2007, ended March 31, 2007.
Achievements during and subsequent to the first quarter include:

<<
- Executed its obligations pursuant to the Plan of Arrangement with
creditors and exited from protection under the Companies' Creditors
Arrangement Act ("CCAA").
- Raised $7 million for the development of the high-grade Corner Bay
deposit.
- Let contract for Corner Bay development to CMAC-Thyssen for the
production of a 42,000 ton bulk sample beginning in the fourth quarter.
- Subsidiary MSV Resources completed the sale of the Eastmain Mine
property for consideration of $4.0 million pursuant to its obligations
under Plan of Arrangement.
- Successfully remediated a rock fall in late February at the Copper Rand
mine, with all rehabilitation work completed by the end of April.
- Made significant progress in implementing the Alimak mining system at
Copper Rand mine, with production from first ore block scheduled for
June.
- Completed testing and implementation of the paste fill plant at Copper
Rand mine.

"We continue to make good progress toward our objectives of strengthening
current operations to allow Campbell to fully capitalize on its position in
the Chibougamau mining camp," said André Fortier, President and CEO. "By
achieving our objectives of exiting CCAA, beginning commercial production at
Copper Rand, and continuing to identify and develop satellite deposits such as
Corner Bay and the Merrill Pit, we are beginning to realize the potential of
our assets, including the Copper Rand mill, and establishing a solid base to
take advantage of robust metal markets."

CCAA

On February 27, 2007, the Monitor appointed by the Superior Court of
Québec issued a Certificate of Execution with respect to the Plan of
Arrangement for Campbell confirming that the Company has executed all of its
obligations pursuant to its plan of arrangement with its creditors. The
Company also remitted to the Monitor all amounts required for the payment in
full of the claims made by the creditors of GéoNova Explorations Inc.
("GéoNova"). The court subsequently granted extension of the CCAA protection
to June 15, 2007 for subsidiaries MSV Resources Inc. ("MSV") and Meston
Resources Inc. ("Meston").

Financial Results

The Company recorded a net loss of $1.7 million, or $0.01 per share, in
the first quarter of 2007, compared with a net loss of $2.3 million, or $0.02
per share, in the first quarter of 2006. Results were enhanced by the gain of
$3.8 million realized with the sale of the Eastmain Mine property. For the
first time, consolidated results include operations at the Copper Rand Mine.
As a result, mining expenses increased to $5.1 million, from $2.8 million in
the first quarter of 2006.
In addition to the inclusion of Copper Rand results, the implementation of
the Alimak mining system, designed to increase efficiencies, enhance
production and improve ground conditions going forward, contributed to the
increased mining expense, as did rehabilitation costs at Copper Rand,
definition drilling programs at the Copper Rand and Joe Mann mines and
training programs for new employees.
Gross metal sales for the first quarter of 2007 were $1.7 million
(2,096 ounces of gold), compared with $2.6 million (3,028 ounces of gold and
127,108 pounds of copper) for the comparable period in 2006. The average
market price for gold in the first quarter of 2007 was $762 (US$650), compared
with $640 (US$554) for the same period of 2006. In the first quarter of 2007,
the average sale price was $763 per ounce compared to $646 in the same period
of 2006.
Net metal sales for the first quarter of 2007 reached $1.6 million,
compared with $2.4 million for the same period last year. In 2006,
$2.4 million of net sales from the Copper Rand mine were applied in reduction
of the mine development costs. According to the new contract for the sale of
concentrate between Campbell and Ocean Partners UK Limited ("OP"), revenue
cannot be recognized until the ownership and risks are fully passed to the
buyer. As at March 31, 2007, $4.1 million of inventory valued at lowest of
cost or realized value was stored at Port of Quebec. On this amount of
inventory, provisional payments in the amount of $3.1 million were received
from OP.

Joe Mann Mine

Production at the Joe Mann mine in the first quarter 2007 was 16,744 tons
grading 0.218 Au oz/t (Q1 2006: 22,556 tons, 0.186 Au oz/t), yielding 3,019 oz
of gold (Q1 2006: 3,464 oz); 0.21% Cu, for 66,435 lbs (Q1 2006: 0.32%,
137,963 lbs); and 0.157 Ag oz/t, for 1,564 oz (Q1 2006: 0.177 oz/t, 2,802 oz).
Decrease in tonnage occurred in the quarter as the operation had to face a
shortfall of available stopes. This situation was the result of a cutback of
ore blocks and to some background conditions in one of its major stopes.
During this quarter, increased activity from diamond drilling and
development combined with lower gold output, contributed to the increase in
operation costs as well as cost per ounce.
During the first quarter, the Company encountered additional high-grade
narrow gold zones at Joe Mann. Mining of those zones has begun, and as a
result production at Joe Mann is scheduled to continue until the end of
August. In addition, the Company has an exploration program scheduled for June
to test the continuity of the Joe Mann orebody at depth.

Copper Rand Mine

Production at the Copper Rand mine in the first quarter 2007 was
22,043 tons grading 0.047 Au oz/t (Q1 2006: 21,867 tons, 0.061 Au oz/t),
yielding 883 oz of gold (Q1 2006: 1,104 oz); 2.08% Cu, for 895,206 lbs
(Q1 2006: 2.15%, 927,218 lbs); and 0.157 Ag oz/t, for 2,350 oz (Q1 2006:
0.181 oz/t, 2,760 oz).
Production at Copper Rand was significantly reduced following the rock
fall which occurred February 22nd on the 4690 level. The surrounding ramp
infrastructure was badly affected. All of the rehabilitation work related to
this event was completed by the end of April and production is gradually
resuming. A bypass ramp to access the 4510 level is progressing with about one
third of it having been completed. The new ramp should be completed by the end
of June.
Meanwhile, stope preparation is progressing normally. Production from the
first block of ore to be mined with the Alimak Mining method is scheduled for
the second half of June. The Alimak Mining method contributes to lowering
mining costs by significantly reducing development work as well as the time to
access and prepare ore blocks.
The paste fill plant has been completed and tested with success. The plant
is now fully operational. Considering the various ground problems recently
encountered at the Copper Rand mine, paste fill will contribute to stabilize
the ground once ore blocks are mined out.

Outlook

In the first quarter, Campbell continued to build on the objectives it
established in 2006:

- Restructuring the organization to improve its financial base,
- Continuing production at the Joe Mann Mine,
- Achieving commercial production at the Copper Rand Mine, and,
- Preparing the Corner Bay project for the development of its exploration
ramp.

A significant focus of Campbell's strategy going forward is to maximize
throughput at the Copper Rand mill by optimizing the existing mining
operations and identifying and bringing to production additional deposits in
the prolific Chibougamau mining camp. The Company has identified the first two
such assets and is making significant progress toward production from the
Corner Bay deposit and the Merrill Pit.

Corner Bay

The contract for the ramp excavation and related work was given to
CMAC-Thyssen, a well known mining contractor. Mobilization was initiated on
April 25th and the decline excavation is scheduled for the week of May 7th.
About 700 meters of decline and the opening of two levels at 85 and 100 meters
below the surface will lead to the extraction of a bulk sample of about 40,000
tonnes of development ore at an expected grade of 3.70% Cu. The milling of
material from the bulk sample is scheduled to begin in October of this year.
Following the extraction of the bulk sample, the Company plans to continue the
development of the project. The latest exploration drilling has intersected
6.3 meters (true thickness) grading 9.27% Cu at a depth of 1,250 meters
(Ref. CCH P.R. Feb. 21, 2006). To date, the Corner Bay project resources are
estimated as follows: measured: 181,000 tons grading 5.07% Cu, indicated:
265,000 tons grading 5.93% Cu, inferred: 1,441,000 tons grading 6.76% Cu
(ref: the 43-101 compliant technical report prepared by Geostat Systems
International Inc. ("Geostat") available on SEDAR at www.sedar.com).

Merrill Pit

Site preparation was initiated at the end of April with the pumping of
water of the pit and the upgrading of access road. In May and June,
preparation work will be accelerated in the pit in order to initiate the
production of ore as soon as the required environmental permitting is
received. Historic (non-43-101-compliant) resources in the Merrill Pit are
1.1 million tons measured, grading 0.92% copper and 905,000 tons grading 0.53%
copper inferred. The Merrill Pit resource estimates is based on prior data and
reports obtained and prepared by previous operators and the Company. The
Company has not completed the work necessary to verify the classification of
the mineral resource estimates. The Company is not treating the mineral
resource estimates as NI 43-101 defined resources verified by a qualified
person. The historical estimates should not be relied upon. These properties
require considerable further evaluation which Campbell's management and
consultants intend to carry out in due course.

Certain information contained in this release contains "Forward-Looking
Statements" within the meaning of the Private Securities Litigation Reform Act
of 1995 and is subject to certain risks and uncertainties, including those
"Risk Factors" set forth in the Campbell's current Annual Report on Form 20-F
for the year ended December 31, 2006. Such factors include, but are not
limited to: differences between estimated and actual mineral reserves and
resources; changes to exploration, development and mining plans due to prudent
reaction of management to ongoing exploration results, engineering and
financial concerns; and fluctuations in the gold price which affect the
profitability and mineral reserves and resources of Campbell. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof. Campbell undertakes no obligation to
release publicly any revisions to these forward-looking statements to reflect
events or circumstances after the date hereof or to reflect unanticipated
events or developments.


CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(Expressed in thousands of Canadian dollars)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
March 31 December 31
2007 2006
-------------------------------------------------------------------------
$ $
Assets

Current assets
Cash and cash equivalents 725 1,964
Restricted cash 5,837 2,784
Short-term investments 802 792
Receivables 2,478 1,591
Settlements receivable 2,262 5,413
Restricted deposits and exchange agreement - 50,000
Production inventories 4,817 401
Supply inventories 3,658 3,844
Prepaids 1,020 1,194
-------------------------------------------------------------------------
21,599 67,983

Amount receivable from Copper Rand/Portage
Restoration Fiduciary
Trust 2,865 2,826
Restricted cash 1,158 1,158
Future income tax assets) 1,484 1,484
Property, plant and equipment 35,612 37,135
Accrued benefit asset 4,505 4,427
Deferred charges and other assets 96 129
-------------------------------------------------------------------------
67,319 115,142
-------------------------------------------------------------------------
-------------------------------------------------------------------------

Liabilities

Current liabilities
Short term loan 3,956 3,891
Accounts payable 15,088 13,973
Accrued liabilities 5,256 5,475
Provisional payments for concentrate
inventory shipped and not priced 3,139 -
Current portion of long-term debt 15,566 65,287
-------------------------------------------------------------------------
43,005 88,626

Asset retirement obligations 6,813 7,804
Long-term debt 64 70
Future income tax liabilities 6,636 6,636
-------------------------------------------------------------------------
56,518 103,136
-------------------------------------------------------------------------

Shareholders' equity

Capital stock 86,399 85,572
Warrants, stock options and conversion rights 7,179 9,263
Contributed surplus 3,991 1,996
Deficit (86,797) (84,825)
Accumulated other comprehensive income 29 -
-------------------------------------------------------------------------
10,801 12,006
-------------------------------------------------------------------------
67,319 115,142
-------------------------------------------------------------------------
-------------------------------------------------------------------------


CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(Expressed in thousands of Canadian dollars except per share amounts)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Three months
ended
March 31
2007 2006
-------------------------------------------------------------------------
$ $
Gross metal sales 1,714 2,644
Treatment charges 122 267
-------------------------------------------------------------------------
Net metal sales 1,592 2,377
-------------------------------------------------------------------------

Expenses
Mining 5,087 2,801
Depreciation and amortization 812 763
General administration 734 624
Reorganisation and CCAA costs 105 283
Care and maintenance 42 76
Exploration - 11
-------------------------------------------------------------------------
6,780 4,558
-------------------------------------------------------------------------

Loss before the following items (5,188) (2,181)

Interest expense on short-term loan (75) (128)
Interest expense on long-term debt (280) (199)
Interest income 8 7
-------------------------------------------------------------------------
Loss from operations (5,535) (2,501)

Other income (expense)
Other income 3,790 212
-------------------------------------------------------------------------

Loss before taxes (1,745) (2,289)

Income and mining tax - (9)
-------------------------------------------------------------------------

Net loss (1,745) (2,298)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Weighted average number of common shares ('000) 348,669 108,213
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Loss per share undiluted and diluted 0.01 0.02
-------------------------------------------------------------------------
-------------------------------------------------------------------------


CONSOLIDATED STATEMENTS OF CONTRIBUTED SURPLUS AND DEFICIT (UNAUDITED)
(Expressed in thousands of Canadian dollars)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Three months
ended
March 31
2007 2006
-------------------------------------------------------------------------
$ $

Contributed surplus

Balance, beginning of period 1,996 1,404


Warrants expired 1,995 -

-------------------------------------------------------------------------
Balance, end of period 3,991 1,404
-------------------------------------------------------------------------
-------------------------------------------------------------------------

Deficit

Balance, beginning of period, as previously
reported 84,825 43,630
Financial Instrument - recognition and measurement 227 -
-------------------------------------------------------------------------
Restated balance, beginning of period 85,052 43,630

Net loss 1,745 2,298
-------------------------------------------------------------------------
Balance, end of period 86,797 45,928
-------------------------------------------------------------------------
-------------------------------------------------------------------------


CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Expressed in thousands of Canadian dollars)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Three months
ended
March 31
2007 2006
-------------------------------------------------------------------------
$ $

Net Loss (1,745) (2,289)

Other comprehensive income, net of income tax:
Net change in unrealized gain on short term
investments 29 -
-------------------------------------------------------------------------
Comprehensive income (1,716) (2,289)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
>>





-30-

/For further information: Campbell Resources Inc.: André Fortier,
President and Chief Executive Officer, [phone], Fax: [phone],
[e-mail]; Renmark Financial Communications Inc.: Henri
Perron, [e-mail]; Michael Shore,
[e-mail]; (514)-939-3989, Fax: [phone],
www.renmarkfinancial.com/

[wrkmq]

Antwort auf Beitrag Nr.: 29.309.485 von HonkyTonkGirl am 14.05.07 20:43:16

Hi HTG,

This week is not spectacular
Too many shares inside this company and too much imagination inside the CCH-Thread.
Sorry, but I'm happy, that I was able to get rid of it. CCH will go it's way, but it will last very much time to restructure this company.

Good luck with it!!!!!!

Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.311.689 von wrkmq am 14.05.07 21:54:38

Both sentiment and signal score are up! (meaning: Bullish)

http://www.stockhouse.ca/comp_info.asp?symbol=CCH&table=list

Good Luck,
HTG

ps
I posted a message at a Dutch board a few weeks ago and asked readers to come up(*) with a junior gold/copper miner with better prospects/outlook than Campbell Resources. (* with detailed analyses like we have done at this board)

So far almost 5000 people read the posting and more than 150 responded. However, no one has been able to come up with a better looking company so far.

I ask German Investors the same question and am looking forward to your reactions.

Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.449.311 von HonkyTonkGirl am 24.05.07 12:41:17

The Campbell community has now moved to a different board called InvestorVillage.

http://www1.investorvillage.com/smbd.asp?mb=9985&clear=1&pt=…

If you want the good news, analyses backed up with solid arguments I would recommend you go there (instead of Stockhouse.)

There has been talk of Campbell getting to the 10 to 15 dollar range...... too good to be true....... maybe..... but even a fraction of this increase would make investors in Campbell happy as hell!!!

The SP should go up dramatically in the next few months with Copper Rand earnings and NUINSCO and CCH managers investing heavily (privately) in this stock. (W. Holmes, privately, bought CCH-stocks worth $800.000 recently!!!)

Good Luck to all of you.

HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.449.311 von HonkyTonkGirl am 24.05.07 12:41:17

"Apr 19/07 HOLMES, WARREN Direct Ownership Common Shares 11 - Acquisition carried out privately 880,064 $0.080

Apr 02/07 Nuinsco Resources Limited Direct Ownership Common Shares 11 - Acquisition carried out privately 200,000"

(Canadian Insider)

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.551.741 von HonkyTonkGirl am 31.05.07 10:02:52

AWESOME NEWS:

AGF PRECIOUS METALS FUND BUYS 14 MILLION SHARES OF CAMPBELL RESOURCES!!!

This is a new addition ( Report Date March 31 ) to the growing list of CCH institutional investors.

This is AWESOME news as AGF PRECIOUS METAL FUND is a very reputable fund in the mining industry. Good to see so many different mutual fund's like Sprott Asset Management , AGF ,RAB , Mackenzie, Acuity etc in CCH!!!


Holder Name Shares Held O/S Date

NUINSCO LTD 36,050,000 10.25% 23/Jan/2007

RAB S. FUND 20,041,775 5.70% 31/Mar/2007

SPROTT INC. 16,093,750 4.58% 31/Jul/2006

AGF PR.MET.FUND 14,096,875 4.01% 31/Mar/2007


Good Luck,
HTG

[HonkyTonkGirl]

TSX Falling hard but not Campbell

TSX had a lot of red today and CCH appears in the black. An obvious indication that CCH has bottomed out.

Excellent profitable situation here and guaranteed returns.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.693.729 von HonkyTonkGirl am 07.06.07 21:14:09

A message from someone who thinks Campbell will go up to the 5 dollar range inthe medium term.

Benson at Investor Village:

\"For over a year, I have posted my commentary that explains the following targets:

“Annual Earnings of between $30 million and $80 million, in the medium term”. I defined “medium term” to be around the time that Copper Rand and Corner Bay are at full production.

Let me guide people (especially new readers) on a journey to see how these numbers are easily substantiated. The latest (2007) Investor Presentation slide show, now available on the company website can serve as a starting point.

Step 1) Metal prices

Look at the “down play” (my opinion only) earnings targets on slide 21. The companies own target is for earnings of about $24 million in 2008. Now look below that (on slide 21), and look at the metal prices they are using.

The are assuming copper prices of $2.50 USD per pound and a gold prices of $575 USD per ounce. I think those numbers are low. With metal prices like we have had recently, earnings could increase by more than 100% from what they listed.

One important thing to notice is that they build their slide with (in my opinion) exaggerated production costs. That means the “marginal profit” on each pound copper is lower. And that means that an increase in metal prices will lead to a large increase in bottom line profits (using their model).

This concept of marginal profit is very common in mining. If you are new to this sector, I would highly recommend reading up on the idea of \"marginal profits\".

Here is a simple example. They assumed average copper production costs of over $2.00 per pound in their model. (See the red bar on slide 21). And they used a copper price of $2.50. So that’s mean profit of less than 50 cents per pound copper.

Now plug in a copper price of $3.40 USD (copper has been around that price recently)

BINGO – AT $3.40 A POUND, PROFITS WOULD INCREASE BY WELL OVER 100%.

That’s the “marginal model” - The higher the cost basis, the more leverage you get.

Step 2) Production Costs

I posted on this this morning. I think the company is being clever (my opinion only) when it comes to discussing true operating costs.

I think I am justified in writing that, on a public forum, because Campbell’s own documents (Prospectus and earlier slide show) contradict the current numbers.

If you use lower production costs, the earnings model improves immediately. Lower costs at Corner Bay could generate another (ballpark) $15 - 20 million in earnings (just from Corner Bay). You might use the 50/50 split with Nuinsco in that model; it’s up to you how you build your model.

Lower production costs would take away the leverage at the margin, but that’s a different story. I’ll take the immediate cash, and then give me higher profits form higher metal prices.

My opinion: Just by using more realistic on-going production costs (costs that I expect, but can not prove); I think earnings would already be above $50 million from those two mines. Then add in the higher metal prices we see in Point #1.

Step 3) Joe Mann

I disagree with TJTHEMAN, where he posted (today) that he expects Joe Mann to close. I think the company has been “holding out on us” for over a year, regarding the potential for Joe Mann.

Click my name to see my posts. I posted a few days ago, that Campbell was expecting 65,000 ounces of gold a year from Joe Mann, way back in 2001. They never hit those targets, but they had reason to believe (back then) that the potential was there.

Even today, according to the Annual Report, there are about 2 more years of resources at Joe Mann, using a production rate of around 30,000 ounces a year. (I pulled that from my memory – I invite people to check that number).

Now we hear about the high grade veins they discovered, and were in no rush to report.

The saga continues.

I think Joe Mann has several more years in front of it. And right down the fault line is the Chevrier deposit, with around 600,000 ounces of gold. Denali has done a fine job posting on Chevrier.

Step 4)

- What about Cedar Bay (more gold than copper)?

- What about Chevrier (all gold)?

- What about the other “satellite deposits” (like Merrill Island) that Campbell Management has already mentioned?

- What about the joint venture projects that Campbell is starting to plan with Nuinsco?


What about the royalty income that Campbell will see in the future? (All 3 royalties are gold production).


Have I made my case? I actually think that Campbell could generate over $100 million in earnings in the “medium term”.

If you apply even a moderate PE ratio to a target of $100 million, you can easily get a share price of well above $5.00 a share – well above.\"

[HonkyTonkGirl]

Does anyone know if there is a German CCH-board where people actually discuss and exchange ideas on Campbell Resources?

Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.826.408 von HonkyTonkGirl am 11.06.07 17:57:29

From the Shareholder's Activist Website. (CampbellAnalysis.com)



24 Reasons to buy CCH / CBLRF

1) Super low share price (14 cents), for a miner with multiple properties in Production NOW.

2) Phenomenal, powerful TECHNICAL chart.

3) Recent record breaking volume on the Toronto Stock Exchange (TSX).

4) Gold and copper production. Gold production at their main Copper Rand project has ZERO production costs (its by-product).

5) One of the only mid-cap miners with future royalty arrangements worked out.

6) Institutions own 80% of shares, and have recently bought more.

7) Sprott Asset Management is leading investor.

8) Insiders at both Campbell and Nuinsco own CCH shares.

9) Some employees own options, often at higher prices that today’s price.

10) All mining operations in Quebec, Canada – no geopolitical risk.

11) Several “back-burner” projects.

12) Massive exploration portfolio.

13) All of Nuinsco’s (NWI.TO) near term earnings will come from Campbell’s execution of plan. They are “betting the farm” on their partner Campbell.

14) Campbell and Nuinsco have announced plans for future projects (that have not even been identified yet).

15) Exercise of warrants exercise will provide more cash to Campbell.

16) Tremendous following among retail investors.

17) Management appears to be “down playing” while Institutions accumulate (opinion only).

18) Huge “Tax Loss Carry Forwards” ($71 million) are on the books. No corporate tax will be due, for many quarters.

19) Excellent labor relations with their miners.

20) Most Gold Mutual Funds have not bought in yet.

21) Independent Gold writers (Moriarty, Roulston, Casey) are not covering Campbell yet.

22) New message board for CCH at INVESTOR VILLAGE quickly jumps to the top of the list in traffic.

23) Former message board was in the “Top 5” in traffic for over 8 months.

24) Campbell is discussed on several other message boards, including 3 message boards in Europe.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 29.852.853 von HonkyTonkGirl am 12.06.07 23:03:50

"CAMPBELL'S SUMMER GOOD NEWS SHOW"

Another e-mail from Mr Fortier.

I asked him about reason for the delay in obtaining the Merrill Island permit.
Mr Fortier wrote:

"Additional information was requested in early June and answers
provided in the following week. Environment personnel are visiting the site
to-day or to-morrow. I would expect the authorization to be received in the
next few weeks. We are ready to begin on reception."

My second question concerned Meston and MSV and this is his answer:

"The remaining transactions are taking a bit longer than planned as one party
requested an audit of a subsidiary's financial statements (now underway).
We expect to have our part completed by the end of August. It may take a few
weeks for the Monitor to complete the process."

Having read the BB's I am more and more inclined to think that August is going
to be an awesome month for CCH shareholders. You get the impression that Mr Fortier
seems a bit "happier" and is more upbeat and willing to acknowledge that Campbell
after all isn't such a bad deal to begin with. This may all stem from the fact that
the Nuinsco-gang may have concluded that shares are not to be picked up for almost
free anymore and that aggressive (at which they are good at.......) action is needed
in the near future to boost the SP.

Compare Andre Fortier's downplay messages from not so long ago like the one after the
rockfall at Copper Rand Mine ("It makes you wonder about the stability of the mine"
(or something like that) to more recent ones and you can not fail to notice that the
tone has definitely changed into a more upbeat one.

He now seems optimistic and even expects that Copper Rand will have a substantial increase
in July and full capacity in August. I can not prove this but I believe that the avalanche
of superior Press Releases we are bound to get soon are part of an orchestrated
"CAMPBELL'S SUMMER GOOD NEWS SHOW"
and that we may see a few days or weeks in a row good to very good to excellent news in
August and September.

Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 30.622.264 von HonkyTonkGirl am 10.07.07 21:30:32

Very positive Second Quarter Results!!!

Even the CEO now admits that Campbell is a good bet and he is VERY OPTIMISTIC about the 3rd and 4th quarter !!! This is a major change since Campbell management has been downplaying this sock for the past year! Not so anymore and that is BULLISH!!!

Campbell has gained more than 50% since a few months back but the real upward movement is yet to come!!!

Good Luck to all

HTG


Campbell Reports Second Quarter 2007 Financial Results, Provides Summary of Activities

Achievements to date in 2007 position Campbell for strong second half

MONTREAL, Aug. 3 /PRNewswire-FirstCall/ - Campbell Resources Inc.
(TSX:CCH; OTC Bulletin Board:CBLRF, http://www.campbellresources.com) today
announced financial and operating results for the second quarter and six
months ended June 30, 2007. During and subsequent to the second quarter,
the Company:
- Raised $11 million in convertible debt and equity, including the final
$4 million to finance completion of development of the high-grade
Corner Bay copper deposit.
- Awarded contract for Corner Bay development to CMAC-Thyssen, who began
mine development in early May and to date has completed approximately
350 metres of the 700 metre decline.
- Initiated dewatering and other preliminary work on the Merrill Pit
copper deposit while waiting for the obtention of the environmental
permit.
- Implemented the Alimak mining system to increase ore production and
improve ground conditions at Copper Rand with blasting of the first
block and completion of the second Alimak raise in July.
- Increased gold production by 26%, copper production by 9% and silver
production by 25% over the first quarter of 2007.
"We are very pleased with the progress we are making in getting Copper
Rand production to where we feel it should be," said Andre Fortier,
President and CEO. "With the implementation of the Alimak mining system,
which will increase ore availability, decrease waste and improve ground
control, we are forecasting much improved results from Copper Rand in the
second half of the year. This increased production, along with high grade
ore from Corner Bay and the mining of the Merrill Pit, will go a long way
toward achieving our objecting of maximizing throughput at the Copper Rand
mill, decreasing unit costs and improving financial performance."
FINANCIAL RESULTS
In the second quarter, consolidated metal production improved
sequentially, increasing over the first quarter of 2007 as follows: gold
production by 26%, silver production by 25%, and copper production by 9%.
On January 1, 2007, the Company signed a concentrate sales agreement
with Ocean Partners UK Limited. Under terms of the agreement, Campbell
recognizes revenue once Ocean Partners takes delivery of the concentrate.
The first shipment will be made shortly, with at least two more shipments
of a minimum of 5,000 tons of concentrate to be made before year end.
As a result, $8.5 million of inventory, representing concentrate
produced by Campbell during the first and second quarters of 2007 and
stored at the Port of Quebec, will be recognized as revenue during the
third and fourth quarters. Provisional payment of $7.6 million for
concentrate inventory shipped but not priced has been booked under current
liabilities. Inventories at June 30, 2007 were 5,511 ounces of gold and
2,018,582 pounds of copper, compared with 426 ounces of gold and 18,432
pounds of copper at the end of the second quarter of 2006.
For the second quarter, Campbell recorded a net loss of $4.3 million or
$0.01 per share on net metal sales of $1.2 million. This compares with a
net loss of $1.8 million, or $0.02 per share, on net metal sales of $3.5
million for the same period in 2006. Cash used by operating activities was
$1.2 million in the second quarter of 2007, compared with $0.9 million in
the second quarter of 2006.
For the first six months of 2007, the net loss was $6.1 million, or
$0.02 per share, on net metal sales of $2.8 million, compared with a net
loss of $4.1 million, or $0.04 per share, on net metal sales of $5.9
million for the corresponding period in 2006. Cash used in operating
activities was $2.7 million for the first six months of 2007, compared with
$1.6 million for the same period in 2006.
Mining costs in the second quarter were $4.5 million, compared with
$3.4 million in the second quarter of 2006. In the first six months of
2007, mining costs were $9.6 million, versus $6.2 million in the first six
months of 2006.
The increase in mining costs was primarily due to the inclusion of
expenses from the Copper Rand Mine, which achieved commercial production on
January 1, 2007. Previously, results from Copper Rand were capitalized.
Consolidated mining expenses include the development of Alimak raises
at both the Copper Rand and Joe Mann mines, additional rehabilitation costs
and development at the Copper Rand Mine that will improve ground conditions
and improve production going forward, definition drilling at both Copper
Rand and Joe Mann, and training programs for new employees.
Joe Mann Mine
In the second quarter of 2007, metal production at Joe Mann increased
over the first quarter of 2007 as follows: gold production increased by 31%
to 3,952 oz, despite a 22% quarter-over-quarter decrease in grade; copper
production increased by 84% to 122,065 pounds; and silver production
increased by 71% to 2,670 ounces.
For the first six months of 2007, Joe Mann produced 6,971 ounces of
gold, 188,500 pounds of copper and 4,234 ounces of silver, compared with
7,729 ounces of gold, 282,829 pounds of copper and 5,701 ounces of silver
in the same period of 2006.
Copper Rand Mine
Gold and copper production in the second quarter increased by 10% and
3% respectively over the first quarter to 969 ounces of gold, with a 2%
increase in grade, and 922,132 pounds of copper, despite an 8% decrease in
grade, quarter over quarter. Silver production totalled 2,210 ounces.
For the first six months of 2007, Copper Rand produced 1,817,338 pounds
of copper, 1,852 ounces of gold and 4,560 ounces of silver, compared with
1,813,447 pounds of copper, 2,199 ounces of gold and 5,133 ounces of silver
for the corresponding period of 2006.
OUTLOOK
The Company is forecasting a much improved second half of 2007 due to
an expected increase in output at Copper Rand, the start of mining at
Corner Bay, and the delivery of the long-awaited certificate of
authorization by the Quebec Ministry of Environment that will allow the
start of mining at the Merrill Island open pit.
Copper Rand
In line with Campbell's goal of increasing throughput at the Copper
Rand Mill, Alimak stope preparation is progressing well. In addition, the
ramp to bypass the groundfall area will become operational by mid-August
and will facilitate access to levels 4500 and above. Development is also
progressing towards the 01-1 East Extension and the 44-4 veins. In
addition, construction of the ramp to the 4870 level has begun, with the
ore zone expected to be reached by November, and stope preparation will be
initiated shortly on level 3950 in order to access additional ore.
Corner Bay
To date, the contractor CMAC-Thyssen has excavated more than 350 meters
of ramp. One heading is approaching the 55-meter level where ore is
expected to be intersected by the end of August. The second heading is
progressing towards levels 85 and 100 meter from where a bulk sample of
about 40,000 tonnes of development ore at an expected grade of 3.70% Cu
will be extracted. In total, about 700 meters of decline and 1,500 meters
of horizontal development on three levels will be done, and the milling of
material from the bulk sample is scheduled to begin in October of this
year.
Following the extraction of the bulk sample, Campbell's intends to
continue the development of the project in order to bring it to production
stage. Exploration drilling has shown deep ore intersection at 1,250 meter
below the surface with a 6.3 meter intercept (true thickness) @ 9.27% Cu.
To date, the Corner Bay project resources are estimated at: measured: 181
000 T @ 5.07% Cu, indicated: 265 000 T @ 5.93% Cu, inferred: 1 441 000 T @
6.76% Cu (Ref.: GEOSTAT Technical Report, July 2006, available on SEDAR at
http://www.sedar.com).
Merrill Pit
Site preparation at this former producer is progressing well, with
dewatering of the pit and upgrading of the access road underway.
Engineering work has begun in order to begin mining as soon as the required
environmental permitting is granted.
Joe Mann
As previously announced, production at Joe Mann mine should end at the
end of August. The Company still intends to complete the previously
announced drilling program to test the continuity of the Joe Mann orebody
at depth, however this has been delayed due to the shortage of diamond
drill rigs. The property will be kept on care and maintenance status until
the drilling program is completed.
Certain information contained in this release contains "Forward-Looking
Statements" within the meaning of the Private Securities Litigation Reform
Act of 1995 and is subject to certain risks and uncertainties, including
those "Risk Factors" set forth in the Campbell's current Annual Report on
Form 20-F for the year ended December 31, 2006. Such factors include, but
are not limited to: differences between estimated and actual mineral
reserves and resources; changes to exploration, development and mining
plans due to prudent reaction of management to ongoing exploration results,
engineering and financial concerns; and fluctuations in the gold price
which affect the profitability and mineral reserves and resources of
Campbell. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof.
Campbell undertakes no obligation to release publicly any revisions to
these forward-looking statements to reflect events or circumstances after
the date hereof or to reflect unanticipated events or developments.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 31.064.301 von HonkyTonkGirl am 07.08.07 14:42:16

CCH Management wrote about third and fourth quarter 2007 the following:



"OUTLOOK

The Company is forecasting a much improved second half of 2007 due to
an expected increase in output at Copper Rand, the start of mining at
Corner Bay, and the delivery of the long-awaited certificate of
authorization by the Quebec Ministry of Environment that will allow the start of mining at the Merrill Island open pit."



Make up your mind..... this is still a stock that trades under 20 cents!!!!!

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 31.064.346 von HonkyTonkGirl am 07.08.07 14:45:18

Algemeen vooraanstaand Canadees Beleggingsfonds is met meer dan
13 MILJOEN aandelen in Campbell gestapt!!!

\"CANADIAN GENERAL INVESTMENTS FUND 13,759,500 3.37% 30/Jun/2007 New Addition\"

[HonkyTonkGirl]

Aanstaande vrijdag komen de zgn. Flow-Thru shares op de markt wat neerwaartse koersdruk zou kunnen geven. Campbell aandeelhouders zouden echter ook direct, dwz. dezelfde dag nog kunnen bijkopen om zo voor een dubbeltje op de eerste rang komen te zitten.

Het aandeel heeft nog steeds meer potentieel dan welk ander aandeel dat ik ken. Ik denk dat het bedrijf fundamenteel de zaken goed op de rit heeft staan anders zouden anderen niet zo graag een steeds groter wordend aandeel willen hebben; de berichten van de transacties op "Canadian Insider" van de afgelopen weken waren wat dat betreft weer echte eyeopeners.

Het management bevestigt volgens mij deze visie want het heeft ten tijde van het uit CCAA komen een goede deal gesloten. Nu ze uit CCAA zijn gekomen lijkt het er op of ze seniel zijn geworden en dat laatste houdt mij meer dan een beetje alert.....

ALS de Flow Thru aandelen aankomende vrijdag voor een daling zorgen is dat tegelijkertijd naar mijn mening de LAATSTE kans om goedkoop in te slaan.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 31.252.034 von HonkyTonkGirl am 22.08.07 11:27:21

Also, einmal versuche ich es auf Deutsch:

Donnerstag oder Freitag kan man meiner meinung nach VIELLEICHT nog einmal an diesen billigen nivo einsteigen.

Nachster Woche wird zu spat sein und geht es UP UP UP!!!

Good Luck,
Honky Kneipen Girl

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 31.262.960 von HonkyTonkGirl am 23.08.07 03:09:38

Innerhalb eine Monat wird Campbell meiner meinung nach am mindestens
29 cents notieren.

Also, gibt es noch Deutsche die eingekauft haben UND nicht nur konnen lesen sondern auch konnen schreiben?!!

H.G.

HonkyTonkGirl

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 31.350.334 von HonkyTonkGirl am 30.08.07 23:48:01

BIF FUNDS ARE BUYING AS I AM WRITING........

THE TRAIN HAS LEFT THE STATION... GET ABOARD NOW IF YOU WANT CAUSE MONDAY WILL BE MUCH MORE EXPENSIVE..........

CAMPBELL RESOURCES ALL THE WAY.......

CHECK OUT THE CHARTS!!!!!!!!!!!!!!!!!!!!

http://finance.yahoo.com/charts#chart1:symbol=cch.to;range=1…

and

http://finance.yahoo.com/charts#chart1:symbol=cblrf.ob;range…

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 31.360.674 von HonkyTonkGirl am 31.08.07 19:43:18

and BIG funds continue to buy.....

this is two hours later and Campbell Resources at the TSX is up big time at almost TWICE the daily average.

[HonkyTonkGirl]

Two and a half times the 3 monthly average!!!!!

News from Merril Island Pit should be out according to some posters in the US but will be released in an official PR next monday or tuesday.

In Candada:
CAMPBELL RESOURCES INC (CCH.TO) At 3:53PM ET: 0.1450 Up 0.0150 (11.54%)

In the USA:
CAMPBELL RESOURCES (CBLRF.OB) At 12:22PM ET: 0.1450 Up 0.0240 (19.83%)

[HonkyTonkGirl]

Campbell Resources granted permit to start mining Merrill Island pit

MONTREAL, Sept. 4 /CNW Telbec/ - Campbell Resources Inc. (the
\"Corporation\") (\"Campbell\") (TSX: CCH, OTC Bulletin Board: CBLRF) announces
that it has received the Certificate of Authorization from the Québec Ministry
of Environment that enables the Company to start mining at the Merrill Island
open pit. Beginning immediately, material from the Merrill Island pit will be
processed at Campbell\'s Copper Rand mill in line with the Company\'s strategy
to maximize mill throughput.
\"The start-up of operations at the Merrill Island pit is a significant
step forward in our strategy to increase the volume of ore processed at the
Copper Rand mill,\" said André Fortier, Campbell\'s President and Chief
Executive Officer. \"Material from the Merrill Island pit is expected to more
than offset the impact of the previously-announced termination of operations
at the Joe Mann Mine, and development of the high-grade Corner Bay Copper
project is progressing on schedule. The addition of material from these two
deposits is expected to have a positive impact on Campbell\'s overall unit
costs going forward.\"
A past producer, the Merrill Island pit is located a short haul,
approximately five kilometres, from the Copper Rand mill. In the initial phase
of mining, approximately 150,000 tonnes will be extracted beginning in
September 2007 at an estimated rate of 20,000 tons per month. The estimated
grade and recovery rate indicate incremental monthly production of
200,000 pounds of copper. In conjunction with this initial phase of mining,
the Company is working to identify additional potential to sustain longer term
production from the Merrill Island pit.
Historic (non 43-101 compliant) resources in the Merrill Island pit are
1.1 million tons measured, grading 0.92% Cu, and 905,000 tons inferred grading
0.53% Cu. The Merrill pit resource estimates are based on prior data and
reports obtained and prepared by previous operators and Campbell. The
necessary work to verify the classification of the mineral resource estimates
has not been completed and the Company is not treating the mineral resource
estimates as NI 43-101 defined resources verified by a qualified person.
(Ref.: May 14, 2007 press release).

Campbell is a mining company focusing mainly in the Chibougamau region of
Québec, holding interests in gold and gold-copper exploration and mining
properties.

Certain information contained in this release contains \"Forward-Looking
Statements\" within the meaning of the Private Securities Litigation Reform Act
of 1995 and is subject to certain risks and uncertainties, including those
\"Risk Factors\" set forth in the Campbell\'s current Annual Report on Form 20-F
for the year ended December 31, 2006. Such factors include, but are not
limited to: differences between estimated and actual mineral reserves and
resources; changes to exploration, development and mining plans due to prudent
reaction of management to ongoing exploration results, engineering and
financial concerns; and fluctuations in the gold price which affect the
profitability and mineral reserves and resources of Campbell. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof. Campbell undertakes no obligation to
release publicly any revisions to these forward-looking statements to reflect
events or circumstances after the date hereof or to reflect unanticipated
events or developments.





-30-

/For further information: Campbell Resources Inc.: André Fortier,
President and Chief Executive Officer, [phone], Fax: [phone],
[e-mail]; Alain Blais, Vice-president and General
Manager of Operations, [phone], Fax: [phone],
[e-mail]; Renmark Financial Communications Inc.; Henri
Perron, [e-mail]; Julien Ouimet,
[e-mail], [phone], Fax: [phone],
www.renmarkfinancial.com/

[Fisherman99]

Ich bin gerade ueber diese Aktie gestolpert - bin mir aber nicht sicher, ob man da investieren kann... Schliesslich ist das ein Laden, der schon einmal pleite war und einige seiner Assets (Tafelsilber?) verkauft hat. Die produzierende Kupfer-Miene produziert nur Verluste (bei Rekord-Preisen fuer Kupfer, zu hohe Kosten?!?), die neue Mine, gerade erst genehmigt, geht erst spaeter irgendwann in Produktion... Die Frage ist also, ob dieses Unternehmen in der Lage ist (Management?!?), jemals profitabel zu arbeiten oder in die Pleite steuert... Eigenkapitaldecke ist uebrigens auch ganz schoen duenn, Kasse fast leer... Der Preis jedenfalls waere ein Kauf-Argument (billig, billig!!!)...

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 31.682.245 von Fisherman99 am 21.09.07 01:26:06

Northern Miner Article !!! ( Excellent Article .. Below ).

Campbell Resources banks on Chibougamau ( From Northern Miner )

Company Recovering From Copper Rand Ordeal With Nuinsco's Help

By Trish Saywell


SITE VISIT

Chibougamau, Que. -- Like a phoenix, Campbell Resources (CCH-T, CBLRF-O), which emerged from the ashes of creditor protection in March, is hoping to reach new heights at Chibougamau, deep in the boreal forests of northern Quebec.

Campbell lost $24.4 million in 2005, forcing the Canadian gold and copper producer to restructure after facing difficult startup issues at its Copper Rand underground mine, and a shortage of cash. In 2006, Campbell posted a $41.2-million loss with the writedown of the value of Copper Rand.

Campbell brought its low-grade Copper Rand mine back into production in March 2005 after closing it in 1997 due to poor economic conditions. The company spent $58 million on infrastructure renewal, including centralizing milling facilities for Copper Rand and its nearby Joe Mann underground gold mine.

But startup problems, mainly a result of poor ground conditions, affected the construction of a ventilation raise and prevented the company from producing at planned rates. Resulting cash-flow problems led to a suspension of development work by the middle of 2005.

Now Campbell is making up for lost time. With the help of Nuinsco Resources (NWI-T, NUIFF-O), the development of its Chibougamau properties, 500 km north of Montreal, is well under way.

"It's been a long haul," says André Fortier, Campbell's president and chief executive. "The characteristics of Chibougamau are low grade and small tonnage. We're trying to prove that the grade is better and the tonnage is greater."

Last year Nuinsco helped Campbell lock down more than $20 million in financing, bought a 10% stake in the company, received warrants to buy another 20%, and entered into an operating consulting agreement for Copper Rand and Joe Mann. In July, Nuinsco completed its earn-in of a 50%-carried interest in Campbell's high-grade Corner Bay copper deposit.

Under the Corner Bay agreement, Campbell will retain 100% of operating cash flow until it recoups its capital expenditures incurred on developing Corner Bay since January 2007. Half of the operating cash flow will be retained by Campbell to repay historical capital costs of about $4 million. After that, all operating cash flow will be split evenly between the two companies.

With measured and indicated resources grading near 5% copper, Corner Bay is a very robust deposit with tremendous exploration upside at depth, which should generate significant cash to Nuinsco's account.

When Corner Bay moves into production next year, it will be Nuinsco's first cash-producing asset. Cash flow from Corner Bay will help Nuinsco finance its other exploration programs while minimizing dilution to shareholders, says René Galipeau, the company's vice-chairman and chief executive.

"Typically, exploration companies issue equity to fund exploration activity," Galipeau says. "Cash flow from Corner Bay will help minimize the need to issue equity and will be better for our shareholders."

On a recent visit to the project, Campbell and Nuinsco executives enthusiastically explain that development is moving forward. A decline has been started at Corner Bay and the Copper Rand mine is now in commercial production.

Contractors have completed 350 metres of a planned 725-metre ramp and Campbell is on the verge of starting a 42,000-tonne (46,300 tons) bulk sample, which is anticipated to average 3.7% copper. Initial bulk sampling was delayed somewhat in September due to ground water, but the company was expecting to strike ore by the middle of October.

"I'm excited about Corner Bay because we anticipate good grade and the project is well started with good ground conditions and we're close to ore," says Campbell's Fortier. "The mill is hungry."

Corner Bay has a measured and indicated resource of 491,000 short tons grading 5.58% copper, plus 1.54 million tons in the inferred category grading 6.76% copper. It is open at depth.

Galipeau says Corner Bay averages about 5-6% copper, "which is a very nice grade, compared to Copper Rand." That project is running at about 2% copper.

"They have one hole below the known resource that's even nine per cent," Galipeau says.

Exploration drilling intersected a deep 6.3-metre interval grading 9.27% copper starting at 1,250 metres below surface.

Galipeau also likes Corner Bay because it can be mined at shallow depths.

"It's shallow and easy to get at," he explains. "Eventually, we expect to sink a shaft and go for the deeper stuff, but for now it just made sense to go after the shallower material because there is so much capacity available at the Copper Rand mill."

Galipeau estimates that the mine has a 4-year life on the shallow material alone.

The deposit is anticipated to produce about 14 million lbs. copper annually, at an average mining rate of 496 tons per day.

Production costs are expected to be $1.09 per lb. ($1.75 per lb. including development capital) generating cash flow to Nuinsco's account of $29 million. Campbell is responsible for development capital, which is expected to total $14 million before preproduction revenue credits.

Ore from the deposit will be trucked to the mill, about 45 km away.

When the bulk sampling is completed, Campbell plans to extract an additional 550,000 tons of ore expected to average 4.5% copper over the following three years, bringing the project into its second phase.

Together, the two phases are expected to generate $58 to $60 million, net of milling charges payable to Campbell by Nuinsco after recovery of all development capital. Those figures were based on internal economic studies completed by Campbell and Nuinsco using an average forward copper price over the next 27 months of US$3.27 per lb. and an exchange rate of US95¢.

Electrical power will be supplied by the province's network following the construction of a 15-km private power line. Water supply is sufficient since it is located near the shore of Lake Chibougamau. There is enough land around the deposit for a settling pond, waste disposal and mine surface infrastructure.

Feeding the mill

Developing Corner Bay is part of Campbell's strategy to increase throughput and decrease unit costs at its Copper Rand mill. Throughput at the mill -- which can handle 3,000 tons per day -- is currently running at only 80-100 tons per hour (1,800-2,400 tons per day).

Indeed, the mill runs just three and a half days a week -- driving up costs to as high as $16-$18 per ton from about $11-$12. But with ore shipped to the mill from Corner Bay, and its newly operating Merrill Island open pit, the mill was expected to move to a 5-day-per-week schedule starting in mid-October.

"It's very important to fill that mill," Galipeau says. "The objective is to run that mill full and continuously."

Further to that goal, the company received its long-awaited environmental permit from the government of Quebec to mine Merrill in early September. Ore from the pit is now being trucked 5 km to the mill.

"We never really seriously looked at it (Merrill) until Nuinsco said we might have a source of additional ore there," Fortier says. "We did more exploration. I'm optimistic."

The first blasting took place in early October and Campbell expects to produce about 20,000 tons of ore a month during the initial phase. Campbell has a permit to mine 150,000 tons of ore in its first phase.

A past-producer, Merrill has historic measured resources of 1.1 million tons of ore grading 0.92% copper and an inferred resource of 905,000 tons grading 0.53% copper.

The estimated grade and recovery rate indicates incremental monthly production of 200,000 lbs. copper. But Campbell hopes to identify additional potential to sustain longer-term production from the pit.

Digging deep

Since March 2001, development of the Copper Rand mine has focused on accessing gold and copper resources between levels 4030 and 5000. Campbell has spent more than $60 million to reopen the mine.

Work has included deepening the No. 4 shaft to the 4,326-ft. level and driving a ramp down to the mineralized zone at the 4,730-ft. level. A 4,000-ft. conveyor has been installed on the ramp.

At the end of 2006, Copper Rand had total reserves of 1.3 million tons grading 1.74% copper and 0.082 oz. per ton of gold. Measured and indicated resources totalled 753,000 tons with an inferred tally of 467,000 tons.

Copper Rand is expected to produce more than 10 million lbs. of copper and 20,000 oz. of gold annually during the next five years.

Under the refinancing agreement with Campbell, Nuinsco is providing operating management services to increase production at Campbell's Copper Rand mine. Copper Rand was first brought into production in 1959 by a previous owner.

Currently, the Copper Rand mine is in transition to the Alimak system. Alimak mining -- also known as vertical mining -- increases ore availability, decreases water and improves ground conditions. It also eliminates the amount of ramp construction that is required. Not only does this save money, but it also enhances ground stability, Fortier explains, and reduces dilution.

"You are moving less waste and you are always in ore with Alimak mining," Fortier says. "Ground conditions are better in ore at Copper Rand than they are in waste generally, so that's another advantage."

Alimak stope preparation is progressing well. The first raise is completed and drilling is being completed on the second raise. Blasting should occur shortly. The third raise is almost completed and drilling should start within weeks.

Says Galipeau: "The whole idea is to get as many work areas in the mine as possible. Instead of having one work face, hopefully (with Alimak) they'll have three or four."

In August, Campbell completed a ramp to bypass the groundfall area that will facilitate access to levels 4,500 and above. Construction of the ramp to the 4,870 level has also begun and Campbell expects to reach ore by November. That will save a significant amount of money.

"They were spending a million and a half dollars a year to rehabilitate those areas," Galipeau says.

Fortier predicts Copper Rand is likely to become profitable next year.

"We will have completed most of the development by the end of this year and we will have more stopes or more sources of ore beginning in the new year and that will provide the flexibility that we need," he says.

As of Dec. 31, 2006, Campbell had proven and probable mineral reserves of 38,000 tons of ore at Copper Rand. In the first half of 2007, Copper Rand produced 1.8 million lbs. copper, 1,852 oz. gold and 4,560 oz. silver.

Future prospects

After a lengthy drought, things are starting to look up for Campbell in Chibougamau. The company's consolidated metal production in the second quarter increased 26% over the first quarter for gold, 25% for silver and 9% for copper.

It is also raising more money. Last month it signed a deal to sell its Joe Mann gold mine to Gold Bullion Development for $200,000 in cash and a $5.1-million debenture.

Once Campbell has Corner Bay, Copper Rand and Merrill up and running smoothly, it plans to pursue other targets in the area. "We own quite a bit of land in the Chibougamau camp," Fortier says. "Once we've got these projects going, we'll have the ability to pursue other targets with access to our mill."

Nuinsco's management is thinking the same way and the company is already eyeing other properties in the Chibougamau camp that it would like to own on a 50/50 basis with Campbell.

"We like owning half of Corner Bay, but it's the whole camp we like -- we think there's a lot of exploration and production potential there," Galipeau explains. "It is not only for Copper Rand, not only for Corner Bay, not only for the mill -- but it's also because there are numerous mines that were shut down when copper was down to fifty cents a pound, and now many of those assets are worth looking at. It's for what is not known. It's not for what is in production -- it's for what could be in production."

The Chibougamau area has been home to several copper-gold mines through the years. Copper was first noted in the Chibougamau area in 1870 but it was 25 years before the discovery resulted in widespread prospecting. It wasn't until 1950 that a road finally reached Chibougamau and the region could be mined at a profit.

The rest was history. Copper mining reached a feverish pace as copper prices soared to the unheard-of-level of US60¢ per lb. Time Magazine wrote in 1956 that Chibougamau was so hot that a Toronto stock-brokerage firm set up a branch office in the mining town "to soak up some of the free-floating wealth from well-heeled miners, drillers and claim-speculators," and handled $500,000 worth of business a week.

Now things might be coming full circle. Perhaps the words published in a 1956 edition of The Northern Miner are as true today as when they were first written: "There's no reason to think that the peak of exploration has been reached. It's big-game country and skilled hunters are on the trail."

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.091.696 von HonkyTonkGirl am 20.10.07 09:29:54

Watch Campbell this week..........

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.095.378 von HonkyTonkGirl am 20.10.07 22:42:28

Campbell Resources UP on BIG VOLUME

CAMPBELL RESOURCES (CBLRF.OB) At 3:59PM ET: 0.1650 Up 0.0250

that's almost 18%

Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.127.673 von HonkyTonkGirl am 23.10.07 23:37:41

News Release/Merril, Corner Bay


Campbell Resources begins production from Merrill Island pit, mining scheduled to begin at Corner Bay shortly

MONTREAL, Oct. 23 /CNW Telbec/ - Campbell Resources Inc. (the "Company") ("Campbell") (TSX: CCH, OTC Bulletin Board: CBLRF) reports that the Merrill Island open pit is in operation with copper concentrate being shipped some six weeks after obtaining the environmental permit authorizing the operation. With the positive results achieved to date, the Company plans to increase monthly production from Merrill Island by 50% over the initial proposed rate.

Drilling began on September 17th. On October 6th, the first blast was completed to generate some 50,000 tons of ore to be crushed and trucked to the nearby Copper Rand mill. Milling of the first ore from Merrill Island took place on October 15th.

In the last week, some 6,600 tons of Merrill Island ore have been milled, with grades averaging 0.459% Cu, 0.014 oz/t Au and 0.125 oz/t Ag. Mill recovery was slightly above 90% for copper. A total of 160 tons of concentrate averaging 17.4% Cu was produced during the week. With the success to date at Merrill Island, Campbell is now planning to produce 30,000 tons of ore per month from Merrill Island, up from the 20,000 tons per month initially planned.

"We're very pleased with the smooth start-up at Merrill Island, which represents the first part of our strategy to increase mill throughput and lower unit costs," said Andr De Fortier, Campbell's President and Chief Executive Officer. "In addition to the Merrill Pit, development is moving ahead rapidly at Corner Bay, and we expect to soon begin shipping the 42,000 ton bulk sample averaging 3.7% copper at a rate of about 450 tons per day to the Copper Rand mill."

In addition to the concentrate being produced, the tonnage produced at Merrill Island is having a positive impact on backfilling at the Copper Rand mine and on milling costs for the Copper Rand mill. The paste fill plant has progressed significantly towards its planned capacity of 60 tonnes per hour during the last week. A total of 3,800 tonnes were thus sent underground at Copper Rand during the week. Moreover, the substantial increase in ore treated has a significant impact on reducing unit costs for the Copper Rand ore.

Campbell is a mining company focusing mainly in the Chibougamau region of Qu Debec, holding interests in gold and gold-copper exploration and mining properties.

Certain information contained in this release contains "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and is subject to certain risks and uncertainties, including those "Risk Factors" set forth in the Campbell's current Annual Report on Form 20-F for the year ended December 31, 2006. Such factors include, but are not limited to: differences between estimated and actual mineral reserves and resources; changes to exploration, development and mining plans due to prudent reaction of management to ongoing exploration results, engineering and financial concerns; and fluctuations in the gold price which affect the profitability and mineral reserves and resources of Campbell. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Campbell undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect unanticipated events or developments.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.127.683 von HonkyTonkGirl am 23.10.07 23:39:00

Campbell Resources in the States PLUS 18% and in Canada PLUS 10% both on BIG VOLUME

[HonkyTonkGirl]

"Sorry, but I'm happy, that I was able to get rid of it. CCH will go it's way, but it will last very much time to restructure this company."

Hi Michael

You wrote this 5 months ago. Campbell closed yesterday at $0.165 (OTC.BB) and things are looking very good.

Are you still following CCH?

Good Luck,
HTG

[wrkmq]

Antwort auf Beitrag Nr.: 32.131.639 von HonkyTonkGirl am 24.10.07 12:06:25

Hi HTG,

Sometimes I read the news of Campbell but my feelings about CCH did not get better. There was a nice peak depending on news 2 days ago, but was it really a good news? Campbell is still in a ramp up and it will need 12 months to bring production up to 100% (IMHO).

Always remember this:
"In 2006, Campbell posted a $41.2-million loss ..."

5 months was enough to make the first steps but it will need another 3 years to get a positive flow!
I will not invest in CCH, but I gonna make my DD about Nuinsco

But I wish you all the best with CCH!!!

Michael

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.147.721 von wrkmq am 25.10.07 14:35:46

Hi Michael

Thanks for the quick response.

However, I do not agree with your predictions.

Within two weeks Campbell will publish their 3rd quarter results and I am 100% sure that they will make a profit for the first time since I don't know how long ago..... Then in the 4th quarter profits should raise substantially and should skyrocket when Corner Bay's profits kicks in.

Good Luck checking out Nuinsco.

HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.149.350 von HonkyTonkGirl am 25.10.07 16:03:25

Watch Campbell again this week........

HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.182.497 von HonkyTonkGirl am 28.10.07 23:34:25

CAMPBELL RESOURCES (CBLRF.OB) At 11:18AM ET: 0.19 Up 0.01 (5.56%)
(intraday)


It's UP UP UP

the market thinks ahead

(next week the 3rd quarter results will be published........)


Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.191.463 von HonkyTonkGirl am 29.10.07 16:53:51

CAMPBELL (CBLRF.OB) 3:56PM ET: 0.2300 Up 0.0500 (27.78%)


Way to go Campbell!

More than 75% in a few days..............

(and we STILL haven't seen the 3rd quarter results...........)



This will be the last week when cheap shares can be picked up IMHO


Good Luck,
HTG

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.196.299 von HonkyTonkGirl am 29.10.07 21:49:17

Volgens een poster op Stockhouse het volgende bericht van Andre Fortier:

"Exit of CCAA by the 2 subs:
AF: We are putting out a press release before market to-morrow. It announces that MSV will be completing its plan of arrangement before the Nov. 30 last extension date. Meston will be completing its plan of arrangement prior to the end of the 1st quarter."

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.391.601 von HonkyTonkGirl am 12.11.07 12:44:59

Campbell Resources Announces Completion of Corporate Reorganization for MSV Resources and Sale of the Chevrier Property

MONTREAL, Nov. 12 /CNW Telbec/ - Campbell Resources Inc. (the
"Corporation") ("Campbell") (TSX: CCH, OTC Bulletin Board: CBLRF) hereby
announces that a corporate reorganization contemplated under the plan of
arrangement of MSV Resources Inc. ("MSV"), approved by its creditors and
sanctioned by the Quebec Superior Court in June 2006 (the "Plan of
Arrangement"), involving MSV, 1329498 Alberta Ltd. and other affiliates of the
Corporation shall be completed in the coming days.
As part of this reorganization, a private capital firm will invest
CDN$2.050 million in one of the Corporations subsidiaries by way of a
convertible debenture. The net proceeds from that investment will be used to
pay debts owed to the Corporation by this subsidiary and be ultimately
transferred to MSV's Monitor in accordance with the Plan of Arrangement.
With this agreement, MSV will be able to fulfill its obligations under
the Plan of Arrangement. Meston Resources should complete its obligations
under its plan of arrangement before the end of the first quarter 2008.

<<
-------------------------------------

Campbell Resources Inc. announces that its wholly owned subsidiary GéoNova
Explorations Inc., (" GéoNova") has entered into an Agreement with Tawsho
Mining Inc. ("Tawsho") for the sale of all of GéoNova's rights and interests
in the Chevrier property.

The Chevrier property is located some 35 km south of Chibougamau, Québec.

Terms of the sale are as follows:

- Tawsho shall pay GéoNova the sum of $ 1,500,000:

- $750,000 upon execution of the agreement, and
- $750,000 twelve months later;

- Default by Tawsho to make the second payment on due time will allow
GéoNova to demand the resolution of the sale without reimbursement of
the first payment or indemnity for work programs or other improvements
to the Chevier property;
- Tawsho shall not encumber the Chervrier property until full payment has
been received.
>>

Campbell is a mining company focusing mainly in the Chibougamau region of
Québec, holding interests in gold and gold-copper exploration and mining
properties.

[HonkyTonkGirl]

Antwort auf Beitrag Nr.: 32.393.719 von HonkyTonkGirl am 12.11.07 15:11:04

Campbell Insiders have been buying shares in November!!!
(Warren Holmes and Andre Fortier)


Campbell Resources Inc. (CCH)
As of December 4th, 2007
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Nov 29/07 Nov 23/07 Galipeau, René Réal Direct Ownership Common Shares 11 - Acquisition carried out privately 290,000 $0.170
Nov 28/07 Nov 23/07 Savoie, Réal Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 29,411 $0.170
Nov 28/07 Nov 23/07 Fortier, André Y. Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 309,415 $0.170
Nov 27/07 Nov 23/07 Blouin, Michel Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 30,000 $0.170
Nov 27/07 Nov 23/07 HOLMES, WARREN Direct Ownership Common Shares 10 - Acquisition in the public market 588,235 $0.170