Tamerlane Ventures - Das grösste definierte Basismetall-Vorkommen Kanadas - 500 Beiträge pro Seite
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Dieser Thread soll als Informationsbasis und für den Meinungsaustausch zwischen Anlegern zu Tamerlane Ventures (TAM) dienen. In der Hoffnung auf interessante Diskussionen und einen fairen Umgang miteinander.
Tamerlane Ventures (TAM), Core Facts:
- Pine Point: Ressource von 70 Millionen Tonnen Zink (4,2%) und Blei (1,6%), Gesamtwert von ca.12,5 Milliarden $ bei derzeit konsolidierten Zink-Preisen. Potential zur Ausweitung der Ressourcen.
- “The largest defined undeveloped base metal resource in Canada”
- 40,7 Millionen Aktien ausstehend, Marktkapitalisierung fully diluted von lediglich 21,5 Millionen C$.
- 4,2 Millionen $ Cash aktuell, ohne dass Warrants ausgeübt wurden.
- Veröffentlichung der Machbarkeitsstudie Ende März/Anfang April geplant.
- Praktisch komplette Infrastruktur vorhanden aufgrund des Minenbetriebs durch Cominco (Pine Point, 1965-1987).
- Zukünftige Abnehmer haben bereits Interesse bekundet den restlichen Kapitalbedarf zur Errichtung der Mine (ca. 60-70MC$) zu finanzieren. Insofern, gemäß Aussagen des Managements, überschaubare, im besten Fall keine weitere Verwässerung durch Ausgabe neuer Aktien.
- Intensiv betriebener Genehmigungsprozess für Pine Point läuft.
- Unterstützung der Locals für die Genehmigung, Einsatz umweltfreundlicher „Freeze Ring Technologie“ und keine Kontaminierungen aus dem ehemaligen Betrieb von Pine Point durch Cominco.
- TAM hofft auf Genehmigung im Spätsommer 2007 und plant Produktionsbeginn für das 2.Quartal 2008.
- CEO Ross Burns war bis 1987 Pine Point-Geologe für Cominco.
- Risiko: Es liegt noch keine Genehmigung für die Mine vor.
Wenn man sich diese Daten anschaut fragt man sich warum diese Aktie bei 50 Cent notiert. Normalerweise gilt: Wenn eine Geschichte zu gut ist um wahr zu sein, dann ist meist etwas faul. Ich habe in den vergangenen Monaten alle Berichte, die ich zur Company finden konnte gelesen und vor allem die sehr fundierten Diskussionen im stockhouse.com - Forum zu TAM beobachtet. Dort diskutieren vor allem kanadische und schwedische Investoren, die TAM entdeckt haben. Ich habe den Haken an der Geschichte dieses Unternehmens nicht finden können. Vergleiche zu anderen Basemetal-Unternehmen ergeben eine 10-40fache Unterbewertung.
Zu der Unterbewertung führt meiner Meinung nach der (glückliche) Umstand, dass die Zeichner des letzten grossen Private Placements konsequent seit Freigabe im August 2006 ihre 14, 2 Millionen Aktien mit Gewinn versilbern, da sie später risikolos mit ihren 7,1 Millionen Warrants am möglichen Erfolg von Tamerlane partizipieren können. Seit August 2006 wurden 25,7 Millionen Aktien von Tamerlane an der TSX Venture gehandelt. Der Markt sollte diese Aktien nahezu alle absorbiert haben. Zudem verzichtet das Unternehmen derzeit praktisch auf Promotion, um nach eigener Aussage den Genehmigungsprozess nicht zu stören. Man ist nach wie vor am Markt unbekannt.
Im Gegensatz zu Century Mining, zu der Überschneidungen im Management bestehen, wird Tamerlane Ventures noch nicht in Deutschland gehandelt. Der Handel ist von hier aus aber in der Regel problemlos bei den Direktbanken zum Umrechnungskurs C$ / US$ über New York oder direkt über Toronto möglich. Zum Risiko dieser Aktie muss gesagt werden: Sie eignet sich nur für Investoren mit entsprechend hoher Risikoneigung, da noch keine Genehmigung für die Mine durch die Umweltbehörde MVERIB vorliegt! Dennoch bietet das Unternehmen ein Chance/Risiko-Verhältnis, dass ich bisher bei keinem anderen Junior gesehen habe.
Eine gute Informationsbasis bietet auch diese Website:
http://www.resourcexmetals.com/TAM/
Tamerlane Ventures (TAM), Core Facts:
- Pine Point: Ressource von 70 Millionen Tonnen Zink (4,2%) und Blei (1,6%), Gesamtwert von ca.12,5 Milliarden $ bei derzeit konsolidierten Zink-Preisen. Potential zur Ausweitung der Ressourcen.
- “The largest defined undeveloped base metal resource in Canada”
- 40,7 Millionen Aktien ausstehend, Marktkapitalisierung fully diluted von lediglich 21,5 Millionen C$.
- 4,2 Millionen $ Cash aktuell, ohne dass Warrants ausgeübt wurden.
- Veröffentlichung der Machbarkeitsstudie Ende März/Anfang April geplant.
- Praktisch komplette Infrastruktur vorhanden aufgrund des Minenbetriebs durch Cominco (Pine Point, 1965-1987).
- Zukünftige Abnehmer haben bereits Interesse bekundet den restlichen Kapitalbedarf zur Errichtung der Mine (ca. 60-70MC$) zu finanzieren. Insofern, gemäß Aussagen des Managements, überschaubare, im besten Fall keine weitere Verwässerung durch Ausgabe neuer Aktien.
- Intensiv betriebener Genehmigungsprozess für Pine Point läuft.
- Unterstützung der Locals für die Genehmigung, Einsatz umweltfreundlicher „Freeze Ring Technologie“ und keine Kontaminierungen aus dem ehemaligen Betrieb von Pine Point durch Cominco.
- TAM hofft auf Genehmigung im Spätsommer 2007 und plant Produktionsbeginn für das 2.Quartal 2008.
- CEO Ross Burns war bis 1987 Pine Point-Geologe für Cominco.
- Risiko: Es liegt noch keine Genehmigung für die Mine vor.
Wenn man sich diese Daten anschaut fragt man sich warum diese Aktie bei 50 Cent notiert. Normalerweise gilt: Wenn eine Geschichte zu gut ist um wahr zu sein, dann ist meist etwas faul. Ich habe in den vergangenen Monaten alle Berichte, die ich zur Company finden konnte gelesen und vor allem die sehr fundierten Diskussionen im stockhouse.com - Forum zu TAM beobachtet. Dort diskutieren vor allem kanadische und schwedische Investoren, die TAM entdeckt haben. Ich habe den Haken an der Geschichte dieses Unternehmens nicht finden können. Vergleiche zu anderen Basemetal-Unternehmen ergeben eine 10-40fache Unterbewertung.
Zu der Unterbewertung führt meiner Meinung nach der (glückliche) Umstand, dass die Zeichner des letzten grossen Private Placements konsequent seit Freigabe im August 2006 ihre 14, 2 Millionen Aktien mit Gewinn versilbern, da sie später risikolos mit ihren 7,1 Millionen Warrants am möglichen Erfolg von Tamerlane partizipieren können. Seit August 2006 wurden 25,7 Millionen Aktien von Tamerlane an der TSX Venture gehandelt. Der Markt sollte diese Aktien nahezu alle absorbiert haben. Zudem verzichtet das Unternehmen derzeit praktisch auf Promotion, um nach eigener Aussage den Genehmigungsprozess nicht zu stören. Man ist nach wie vor am Markt unbekannt.
Im Gegensatz zu Century Mining, zu der Überschneidungen im Management bestehen, wird Tamerlane Ventures noch nicht in Deutschland gehandelt. Der Handel ist von hier aus aber in der Regel problemlos bei den Direktbanken zum Umrechnungskurs C$ / US$ über New York oder direkt über Toronto möglich. Zum Risiko dieser Aktie muss gesagt werden: Sie eignet sich nur für Investoren mit entsprechend hoher Risikoneigung, da noch keine Genehmigung für die Mine durch die Umweltbehörde MVERIB vorliegt! Dennoch bietet das Unternehmen ein Chance/Risiko-Verhältnis, dass ich bisher bei keinem anderen Junior gesehen habe.
Eine gute Informationsbasis bietet auch diese Website:
http://www.resourcexmetals.com/TAM/
Tamerlane Ventures: TAM-v (Blog Post taken from Stockhouse)
This morning, the price of zinc traded at a record $1.90 US per pound. As of a week ago, world zinc storages, as certified by the London Metals Exchange, fell from 153 to 125 thousand tonnes. This means that there is the real possibility that there will be no zinc at all at the exchange storages by the end of the year. While copper and nickel prices have softened somewhat from their highs, there is no such foreseeable pattern for zinc. The same scenario is true for lead, another metal seeing all time highs and where the stockage of lead on the London Metals Exchange fell last month from 74 to 51 thousand tonnes. Lead is used mainly to produce batteries. Besides providing surface to traditional French bars, zinc is used extensively in white goods appliance as well as automobile production as a protective galvanized coating for steel and iron. Demand for both lead and zinc is increasing world wide but particularly in East Asia and especially from China.
The combination of high prices for lead and zinc led my due diligence to Tamerlane Ventures (TAM-v), which has a currently defined resource of over 70 million tonnes of combined lead and zinc, an astonishing number. It is likely the richest and certainly the largest defined undeveloped base metal resource in Canada. Tamerlane has control over the former Pine Point mine on the south side of Great Slave Lake in the North West Territories, about 50 kilometres west of the town of Hay River. Operated by Cominco, Pine Point, in its day, was the most profitable mine in Canada and was shut down for a combination of reasons, including extended haulage distances to mill, particularly as new ore zones were discovered further west away from the mill, increased water pumping costs and low base metal prices. Pine Point produced approximately 2 million tonnes of lead and 7 million tonnes of zinc until the mine was shut down in 1987. The infrastructure is still there with hydro power, paved road and rail spur line connecting the property.
In the mid-1960s, Pine Point operations started by direct shipping ore with grades over 25% combined lead and zinc for processing. Similar grades have been obtained in Tamerlane's 2005 drill program, which confirmed the historical metal rich thicknesses of up to and well over 100 feet. Also important to note is that Pine Point ore was easy to mill with lead and zinc recoveries in excess of 91%. The concentrates were in demand by smelters at the time because of the low levels of impurities.
Here are some of the headings to sedar filings from Tamerlane's last year 5000 meter drill program:
April 21, 2005
TAMERLANE INTERSECTS 162 FEET OF 16.83% LEAD-ZINC IN HOLE G03-TV1 AND 90 FEET OF 19.83% LEAD-ZINC IN HOLE W85-TV9
May 9, 2005
TAMERLANE INTERSECTS 212 FEET OF 15.16% LEAD-ZINC IN DIAMOND DRILL HOLE G03-TV3
September 22, 2005
TAMERLANE INTERSECTS 105 FEET OF 31% COMBINED LEAD-ZINC IN THE R-190 DEPOSIT AT THE PINE POINT PROPERTY, NT
September 28, 2005
TAMERLANE INTERSECTS 52% COMBINED LEAD-ZINC OVER 32.5 FEET (9.9 METERS) AND 37% COMBINED LEAD-ZINC OVER 65 FEET (19.8 METERS) IN THE
R-190 DEPOSIT AT THE PINE POINT PROPERTY, NT
According to the company, the exploration potential at Pine Point is excellent. The property has an area of 175 square kilometres containing lead-zinc deposits "within a Devonian reef, which plunges gently to the west. A total of 47 deposits were mined and a further 34 delineated before the closure of the mine. A lightly explored zone approximately 15-kilometres long occurs between the most westerly deposit mined and the Westmin deposits. This is of interest as the number of deposits averages one deposit per kilometre in the mined area. Ross Burns, President & CEO, said: The current drill results demonstrate the potential not only of the W-85 and GO-3 deposits but of the entire Pine Point property, which not only hosts 32 other known deposits but has excellent additional exploration possibilities."
Currently, the remaining resources taken from historic records are believed to be accurate. These records have been taken from Cominco and Westmin archives and were tested and verified by Tamerlane during last year's 10 hole drill program and are calculated to be over 70 million tonnes of combined 1.6% lead and 4.2% zinc. At a value of $1.54 US per pound zinc and $0.55 US per pound lead, numbers below what they are today, the Pine Point Property resource would have a value of over $ 11,5 billion US dollars. While there are 34 deposits known at Pine Point, the historic but non NI43-101 compliant resources of the four best deposits measure a remarkable 678 million pounds of lead and 1.356 billion pounds of zinc. The remaining deposits have never been mined before and therefore have no residual environmental problems from previous production.
The company is planning to use 'freeze-ring' technology to solve the problem of water inflow. Freeze-ring technology is currently being used in the Diavek mine in the Arctic, but also in numerous other large-scale projects such as the famous big dig of Boston and presently in Seattle's port area. Freeze-ring technology is a very common practice in freezing ground to order to permit work in adjacent areas. It is also much cheaper and environmentally safer than water pumping. Such technology was not used during the time of Pine Point's operations.
The feasibility of Pine Point is succinctly argued in a company news release which goes as follows: "The Pine Point project has many advantages compared to other base metal operations and projects as it has 34 drill-delineated deposits in addition to the infrastructure from previous mining and exploration in the area. The infrastructure includes paved roads, hydro power to the property and a railhead located at nearby Hay River. The mineralogy and metallurgy of Pine Point are well known. The lead-zinc ore is easy to mill, has good recoveries and the concentrate is easy to refine. The concentrate will be in demand by smelters around the world because of the low impurity levels." Over the course of the last few months, several lead insiders of the company have consistently purchased Tamerlane shares on the open market, as well made significant subscriptions for private placement units in recent financings. Endeavour Flow-Through holds 1.4 million shares. For a very good and comprehensive powerpoint presentation of the Pine Point Project, go to:
http://www.mveirb.nt.ca/upload/project_document/1156278953_S…
Tamerlane's aims coincide perfectly with the strong likelihood that zinc concentrates will remain in deficit for several years, meaning the increase of upward pressure on zinc prices. With the earliest surplus for zinc not expected until at least 2009, Tamerlane's huge resource of high grade lead and zinc means its time has come.
This morning, the price of zinc traded at a record $1.90 US per pound. As of a week ago, world zinc storages, as certified by the London Metals Exchange, fell from 153 to 125 thousand tonnes. This means that there is the real possibility that there will be no zinc at all at the exchange storages by the end of the year. While copper and nickel prices have softened somewhat from their highs, there is no such foreseeable pattern for zinc. The same scenario is true for lead, another metal seeing all time highs and where the stockage of lead on the London Metals Exchange fell last month from 74 to 51 thousand tonnes. Lead is used mainly to produce batteries. Besides providing surface to traditional French bars, zinc is used extensively in white goods appliance as well as automobile production as a protective galvanized coating for steel and iron. Demand for both lead and zinc is increasing world wide but particularly in East Asia and especially from China.
The combination of high prices for lead and zinc led my due diligence to Tamerlane Ventures (TAM-v), which has a currently defined resource of over 70 million tonnes of combined lead and zinc, an astonishing number. It is likely the richest and certainly the largest defined undeveloped base metal resource in Canada. Tamerlane has control over the former Pine Point mine on the south side of Great Slave Lake in the North West Territories, about 50 kilometres west of the town of Hay River. Operated by Cominco, Pine Point, in its day, was the most profitable mine in Canada and was shut down for a combination of reasons, including extended haulage distances to mill, particularly as new ore zones were discovered further west away from the mill, increased water pumping costs and low base metal prices. Pine Point produced approximately 2 million tonnes of lead and 7 million tonnes of zinc until the mine was shut down in 1987. The infrastructure is still there with hydro power, paved road and rail spur line connecting the property.
In the mid-1960s, Pine Point operations started by direct shipping ore with grades over 25% combined lead and zinc for processing. Similar grades have been obtained in Tamerlane's 2005 drill program, which confirmed the historical metal rich thicknesses of up to and well over 100 feet. Also important to note is that Pine Point ore was easy to mill with lead and zinc recoveries in excess of 91%. The concentrates were in demand by smelters at the time because of the low levels of impurities.
Here are some of the headings to sedar filings from Tamerlane's last year 5000 meter drill program:
April 21, 2005
TAMERLANE INTERSECTS 162 FEET OF 16.83% LEAD-ZINC IN HOLE G03-TV1 AND 90 FEET OF 19.83% LEAD-ZINC IN HOLE W85-TV9
May 9, 2005
TAMERLANE INTERSECTS 212 FEET OF 15.16% LEAD-ZINC IN DIAMOND DRILL HOLE G03-TV3
September 22, 2005
TAMERLANE INTERSECTS 105 FEET OF 31% COMBINED LEAD-ZINC IN THE R-190 DEPOSIT AT THE PINE POINT PROPERTY, NT
September 28, 2005
TAMERLANE INTERSECTS 52% COMBINED LEAD-ZINC OVER 32.5 FEET (9.9 METERS) AND 37% COMBINED LEAD-ZINC OVER 65 FEET (19.8 METERS) IN THE
R-190 DEPOSIT AT THE PINE POINT PROPERTY, NT
According to the company, the exploration potential at Pine Point is excellent. The property has an area of 175 square kilometres containing lead-zinc deposits "within a Devonian reef, which plunges gently to the west. A total of 47 deposits were mined and a further 34 delineated before the closure of the mine. A lightly explored zone approximately 15-kilometres long occurs between the most westerly deposit mined and the Westmin deposits. This is of interest as the number of deposits averages one deposit per kilometre in the mined area. Ross Burns, President & CEO, said: The current drill results demonstrate the potential not only of the W-85 and GO-3 deposits but of the entire Pine Point property, which not only hosts 32 other known deposits but has excellent additional exploration possibilities."
Currently, the remaining resources taken from historic records are believed to be accurate. These records have been taken from Cominco and Westmin archives and were tested and verified by Tamerlane during last year's 10 hole drill program and are calculated to be over 70 million tonnes of combined 1.6% lead and 4.2% zinc. At a value of $1.54 US per pound zinc and $0.55 US per pound lead, numbers below what they are today, the Pine Point Property resource would have a value of over $ 11,5 billion US dollars. While there are 34 deposits known at Pine Point, the historic but non NI43-101 compliant resources of the four best deposits measure a remarkable 678 million pounds of lead and 1.356 billion pounds of zinc. The remaining deposits have never been mined before and therefore have no residual environmental problems from previous production.
The company is planning to use 'freeze-ring' technology to solve the problem of water inflow. Freeze-ring technology is currently being used in the Diavek mine in the Arctic, but also in numerous other large-scale projects such as the famous big dig of Boston and presently in Seattle's port area. Freeze-ring technology is a very common practice in freezing ground to order to permit work in adjacent areas. It is also much cheaper and environmentally safer than water pumping. Such technology was not used during the time of Pine Point's operations.
The feasibility of Pine Point is succinctly argued in a company news release which goes as follows: "The Pine Point project has many advantages compared to other base metal operations and projects as it has 34 drill-delineated deposits in addition to the infrastructure from previous mining and exploration in the area. The infrastructure includes paved roads, hydro power to the property and a railhead located at nearby Hay River. The mineralogy and metallurgy of Pine Point are well known. The lead-zinc ore is easy to mill, has good recoveries and the concentrate is easy to refine. The concentrate will be in demand by smelters around the world because of the low impurity levels." Over the course of the last few months, several lead insiders of the company have consistently purchased Tamerlane shares on the open market, as well made significant subscriptions for private placement units in recent financings. Endeavour Flow-Through holds 1.4 million shares. For a very good and comprehensive powerpoint presentation of the Pine Point Project, go to:
http://www.mveirb.nt.ca/upload/project_document/1156278953_S…
Tamerlane's aims coincide perfectly with the strong likelihood that zinc concentrates will remain in deficit for several years, meaning the increase of upward pressure on zinc prices. With the earliest surplus for zinc not expected until at least 2009, Tamerlane's huge resource of high grade lead and zinc means its time has come.
Tamerlane Ventures: Largest Defined Base Metals Deposit In Canada Monday, October 30, 2006 By Doug Hadfield
New technologies make Pine Point lead zinc mine economically feasible again. In 1986, Cominco Mining Corporation closed down what was then the most profitable mine in Canada. It was the Pine Point Mine, located just across Great Slave Lake from Yellowknife near the tiny town of Hay River in the Northwest Territories. In operation since 1963, the mine produced what would be, in today's terms, $17 billion worth of lead and zinc from a series of discrete deposits over 175 square kilometers. The company decided to close the mine in 1986 when a combination of dismal metal prices and growing flooding problems tipped the economic scale from black to red.
Tamerlane Ventures (TSX:V.TAM, BullBoards), the new owner of the mine, is putting Pine Point back into production, and expects to do so in less than twenty-four months. The rapid timeline is possible thanks to the incredible amount of operating and exploration infrastructure that was left behind. Cominco left behind roads, a hydro plant, a railway line, all the drill cores from 20 years of exploration, and 34 un-mined deposits containing an estimated 70 million tonnes of lead/zinc ore. The company values the in-situ deposit value from only four of the deposits at a minimum of $2.4 billion. Not bad for a company with a market cap (as of Friday, October 27, 2006) of $17 million.
It is important to note that these resource numbers are NOT compliant with National Instrument 43-101*. That said, however, the estimates are based on nearly 20 years of developmental drilling by one of Canada's most respected mining companies, Teck Cominco (TSX: T.TCK.B, BullBoards). The core from all of that drilling is still present on the property, meticulously catalogued and preserved in such a way that confirming the estimates to 43-101 standards is considered unnecessary. Importantly, this project is ready to go back into production with a minimum of investment. As mentioned, the roads are built, the hydro is ready and waiting, and permits are pending.
The company is in the final stages of a feasibility study that will demonstrate and recommend that mining begin of Deposit R-190 by Q2 2008. Deposit R-190 contains an estimated minimum $550 Million worth of lead and zinc. That's from one of 34 known deposits. The exploration potential of the surrounding territory has not been determined, but is considered significant.
Technological Innovations To Boost Profitability. Advances in technology since Cominco shut down Pine Point in '86 have been substantial. At its peak, the Pine Point Mine was pumping 60,000 gallons a day in a losing battle against water re-charge. Considering the increasing expense of diesel-fuelled pumping, a novel approach has been identified, which will see Deposit R-190 mined using underground methods. Water recharge will be minimized using "Freeze Ring" technology. This technology involves surrounding the deposit with a perimeter of drill holes filled with a refrigerant that effectively creates a wall of ice five times more impervious than concrete around the deposit. The costs relative to pumping are significantly diminished.
Another key innovation that will be employed at the re-started mine is known as "Dense Media Separation" (DMS), which essentially concentrates the ore feed prior to entering the main processing circuit. This process is in widespread use around the world by such well-known companies as Barrick Gold (NYSE: ABX, BullBoards)/ (TSX: T.ABX, BullBoards), CODELCO, Ashanti Goldfields (NYSE: ASL, BullBoards)/(TSX: T.AHD, BullBoards), and Noranda. Dense Media Separation has been used effectively by other lead-zinc mines, including Nanasivik, to upgrade their mill feed. Through the use of Dense Media Separation, it is expected that the D-190 deposit's output will be of sufficient grade and concentration that it can be directly shipped to smelters, giving Tamerlane the ability to finance development of the rest of the deposits through the direct sale of mine output without refinement. DMS testing is currently being carried out on a bench scale and the company plans to complete a pilot scale test within the next three months. The estimated recovery and final concentrate grades for zinc and lead are 94%/59.5% and 91.7%/77.1%, respectively.
Exploration Potential
Over 20,000 drill holes have been poked into the Pine Point claim group, outlining a total resource of 138 million tonnes, with 70 tonnes remaining. Certain areas of the claim group are either under-explored, or have not had any exploration. Since the system's geology has demonstrated a reliable past discovery rate of at least one deposit for every 1.5 kilometers, there is the potential for the discovery of at least an additional nine deposits.
Demand For Zinc and Lead On Friday, October 27, zinc closed at an all time high of US$1.90 per pound. Globally, the expectation is that zinc supplies will continue in deficit until at least the end of 2007. Teck Cominco is now the world's largest miner of zinc. According to a presentation by the company in March, there will be no more than 16 days worth of supply of lead from all reported stocks by the end of this year. China has gone from being an exporter of zinc in 2000 to becoming an importer this year of an estimated 250,000 tonnes. According to Toronto-based RBC analyst H. Fraser Phillips: "Zinc continues to be our preferred choice for base metal exposure. We believe the price strength will last well into next year." "Zinc has more than doubled this year and rose to a record on the London Metal Exchange (LME) on Friday. The metal is the second-best performing commodity in 2006, after nickel, as output from producers lags behind demand led by China. Zinifex Ltd, the world's second-largest producer, on Thursday reported a drop in production and said demand remains "strong." Rio Tinto Group (NYSE: RTP, BullBoards), the world's third- largest mining company, said it expects commodity prices to remain ``well above trend'' next year, buoyed by demand from China and other developing nations. Mining companies are being hampered in their efforts to expand mines and build new ones by constraints in the supply of equipment such as tires, Rio Chief Economist Vivek Tulpule said.
New technologies make Pine Point lead zinc mine economically feasible again. In 1986, Cominco Mining Corporation closed down what was then the most profitable mine in Canada. It was the Pine Point Mine, located just across Great Slave Lake from Yellowknife near the tiny town of Hay River in the Northwest Territories. In operation since 1963, the mine produced what would be, in today's terms, $17 billion worth of lead and zinc from a series of discrete deposits over 175 square kilometers. The company decided to close the mine in 1986 when a combination of dismal metal prices and growing flooding problems tipped the economic scale from black to red.
Tamerlane Ventures (TSX:V.TAM, BullBoards), the new owner of the mine, is putting Pine Point back into production, and expects to do so in less than twenty-four months. The rapid timeline is possible thanks to the incredible amount of operating and exploration infrastructure that was left behind. Cominco left behind roads, a hydro plant, a railway line, all the drill cores from 20 years of exploration, and 34 un-mined deposits containing an estimated 70 million tonnes of lead/zinc ore. The company values the in-situ deposit value from only four of the deposits at a minimum of $2.4 billion. Not bad for a company with a market cap (as of Friday, October 27, 2006) of $17 million.
It is important to note that these resource numbers are NOT compliant with National Instrument 43-101*. That said, however, the estimates are based on nearly 20 years of developmental drilling by one of Canada's most respected mining companies, Teck Cominco (TSX: T.TCK.B, BullBoards). The core from all of that drilling is still present on the property, meticulously catalogued and preserved in such a way that confirming the estimates to 43-101 standards is considered unnecessary. Importantly, this project is ready to go back into production with a minimum of investment. As mentioned, the roads are built, the hydro is ready and waiting, and permits are pending.
The company is in the final stages of a feasibility study that will demonstrate and recommend that mining begin of Deposit R-190 by Q2 2008. Deposit R-190 contains an estimated minimum $550 Million worth of lead and zinc. That's from one of 34 known deposits. The exploration potential of the surrounding territory has not been determined, but is considered significant.
Technological Innovations To Boost Profitability. Advances in technology since Cominco shut down Pine Point in '86 have been substantial. At its peak, the Pine Point Mine was pumping 60,000 gallons a day in a losing battle against water re-charge. Considering the increasing expense of diesel-fuelled pumping, a novel approach has been identified, which will see Deposit R-190 mined using underground methods. Water recharge will be minimized using "Freeze Ring" technology. This technology involves surrounding the deposit with a perimeter of drill holes filled with a refrigerant that effectively creates a wall of ice five times more impervious than concrete around the deposit. The costs relative to pumping are significantly diminished.
Another key innovation that will be employed at the re-started mine is known as "Dense Media Separation" (DMS), which essentially concentrates the ore feed prior to entering the main processing circuit. This process is in widespread use around the world by such well-known companies as Barrick Gold (NYSE: ABX, BullBoards)/ (TSX: T.ABX, BullBoards), CODELCO, Ashanti Goldfields (NYSE: ASL, BullBoards)/(TSX: T.AHD, BullBoards), and Noranda. Dense Media Separation has been used effectively by other lead-zinc mines, including Nanasivik, to upgrade their mill feed. Through the use of Dense Media Separation, it is expected that the D-190 deposit's output will be of sufficient grade and concentration that it can be directly shipped to smelters, giving Tamerlane the ability to finance development of the rest of the deposits through the direct sale of mine output without refinement. DMS testing is currently being carried out on a bench scale and the company plans to complete a pilot scale test within the next three months. The estimated recovery and final concentrate grades for zinc and lead are 94%/59.5% and 91.7%/77.1%, respectively.
Exploration Potential
Over 20,000 drill holes have been poked into the Pine Point claim group, outlining a total resource of 138 million tonnes, with 70 tonnes remaining. Certain areas of the claim group are either under-explored, or have not had any exploration. Since the system's geology has demonstrated a reliable past discovery rate of at least one deposit for every 1.5 kilometers, there is the potential for the discovery of at least an additional nine deposits.
Demand For Zinc and Lead On Friday, October 27, zinc closed at an all time high of US$1.90 per pound. Globally, the expectation is that zinc supplies will continue in deficit until at least the end of 2007. Teck Cominco is now the world's largest miner of zinc. According to a presentation by the company in March, there will be no more than 16 days worth of supply of lead from all reported stocks by the end of this year. China has gone from being an exporter of zinc in 2000 to becoming an importer this year of an estimated 250,000 tonnes. According to Toronto-based RBC analyst H. Fraser Phillips: "Zinc continues to be our preferred choice for base metal exposure. We believe the price strength will last well into next year." "Zinc has more than doubled this year and rose to a record on the London Metal Exchange (LME) on Friday. The metal is the second-best performing commodity in 2006, after nickel, as output from producers lags behind demand led by China. Zinifex Ltd, the world's second-largest producer, on Thursday reported a drop in production and said demand remains "strong." Rio Tinto Group (NYSE: RTP, BullBoards), the world's third- largest mining company, said it expects commodity prices to remain ``well above trend'' next year, buoyed by demand from China and other developing nations. Mining companies are being hampered in their efforts to expand mines and build new ones by constraints in the supply of equipment such as tires, Rio Chief Economist Vivek Tulpule said.
Ich bitte alle TAM studieren. Die Informazion von medimmune ist ganz fantastisch weil Sie sie ganau benutzen kann fur eine eigene Analyse auf TAM machen .
Man kann finden dass TAM jetzt fur 2009 ein price/cashflow etwa 1/6-1/3 habt. (1.5-3 CAD/0.53 CAD , TAM 0.53 CAD 16 Feb). Es ist SEHR WENIG sie es realisiert werden.
Es ist von "CalifDreaming" in www.stockhouse.com berechnet:
"TAM could hedge 100% of their 242MM lbs of R-190 Zinc production and clear C$368MM in guaranteed revenues.
They could also hedge 100% of their 121MM lbs of R-190 Lead production and clear C$100MM in guaranteed revenues.
http://www.lme.co.uk/lead.asp
So if they were as conservative as possible and hedged 100% of production, they would see $468MM in gross revs.
Less 15% for Payable metal = C$398MM
Less 3% NSR = $386MM
Less $80MM capex = $C308MM
Less $80MM opex = $C228MM
Less $30MM shipping = $C198MM
Less $98MM TC/RC = $100MM
So, assuming 100% hedged production (1.29 Zn and $0.70 Pb) and thus no dilution, they would cash flow about $3.13/sh.
Typical base metal valuation metrics are 5x cash flow, or about $15.50 sh.
TAM remains crazily undervalued."
Er benutzt nur eines Jahres Produktion, aber Ich 1-2 Jahren fur das "Pilot Project", und deshalb finde Ich "Cash Flow" 1.5-3 CAD pro TAM Aktie 2009.
Es ist ja zu billig wenn die Aktie kostet 0.53 CAD :-) . Ich finde TAM könnte vielleicht 4.5-9 CAD kosten in der Jahre 2009, mit Preis/Cash Flow nu 3.
Ich habe auch naturlich meine eigene Aktie-Analyse gamacht, dass Ich hier später posten will.
Die TAM Aktie habt ein grosses Risiko (aber nicht sehr gefährlich) aber mit einem fantastischen Potential !
Man kann finden dass TAM jetzt fur 2009 ein price/cashflow etwa 1/6-1/3 habt. (1.5-3 CAD/0.53 CAD , TAM 0.53 CAD 16 Feb). Es ist SEHR WENIG sie es realisiert werden.
Es ist von "CalifDreaming" in www.stockhouse.com berechnet:
"TAM could hedge 100% of their 242MM lbs of R-190 Zinc production and clear C$368MM in guaranteed revenues.
They could also hedge 100% of their 121MM lbs of R-190 Lead production and clear C$100MM in guaranteed revenues.
http://www.lme.co.uk/lead.asp
So if they were as conservative as possible and hedged 100% of production, they would see $468MM in gross revs.
Less 15% for Payable metal = C$398MM
Less 3% NSR = $386MM
Less $80MM capex = $C308MM
Less $80MM opex = $C228MM
Less $30MM shipping = $C198MM
Less $98MM TC/RC = $100MM
So, assuming 100% hedged production (1.29 Zn and $0.70 Pb) and thus no dilution, they would cash flow about $3.13/sh.
Typical base metal valuation metrics are 5x cash flow, or about $15.50 sh.
TAM remains crazily undervalued."
Er benutzt nur eines Jahres Produktion, aber Ich 1-2 Jahren fur das "Pilot Project", und deshalb finde Ich "Cash Flow" 1.5-3 CAD pro TAM Aktie 2009.
Es ist ja zu billig wenn die Aktie kostet 0.53 CAD :-) . Ich finde TAM könnte vielleicht 4.5-9 CAD kosten in der Jahre 2009, mit Preis/Cash Flow nu 3.
Ich habe auch naturlich meine eigene Aktie-Analyse gamacht, dass Ich hier später posten will.
Die TAM Aktie habt ein grosses Risiko (aber nicht sehr gefährlich) aber mit einem fantastischen Potential !
Willkommen Loparn aus Schweden!!
Trading Spotlight
Tamerlane Ventures – a zinc bargain
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 2-3
Technical project presentation
This is a calculation of the long term price outlook for Tamerlane ventures, TAM stock if and when the production at the R -190 deposit is planned to start, i e within a couple of years, but also of a 2007 price target, assuming long term zinc and lead prices as of Feb 2 2007, USD 1.40 and 0.76 respectively, around which time the prices hit bottom for 2007 thus far.
The Tamerlane CEO is very experiencied and in fact worked as a geologist at Pine Point when the mine was producing a few decades back. The chairman of the board, with no or little executive responsiblity in Tamerlane, was involved in a mining company in the 1990-s when there was a tragic incident, which may affect her reputation negatively now, maybe not justified though since she was declared having no responsibility, at least according to my Internet googling of the incident. Others had responsibility though including certain authorities. She is though said to be very capable of raising funds for projects like this one. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane will use freezing technology in their pilot project to control ground water. There are examples of freezing rings functioning well. Freezing technology is not what caused the big problems at Cameco´s Cigar Lake project, but one messure among others to solve their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value at metal market price would be around USD 10.9 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level.
If you just would like a hint of the long term stock potential of TAM, let us take a look at this example. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % (which is lower than the approximately derived profit margin from the higher grade pilot project R – 190 calculation below ). That would leave TAM potential future nominal profits after tax of around USD 1.09-2.18 billion. The total production time is assumed to be around 30 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be half of that or around USD 363-726 million. The 2007 discounted value at 10 % interest rate, is around USD 203-406 million. At this moment there are only nearly 41 million diluted shares. but let us calculate with a heavy stock dilution for the total financing, to 100 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 2.35-4.70 in 2007 (with USD=1.16 CAD), compared to the CAD 0.53 closing price as of March 16 2007. So the stock potential has to be very high, even if the calculation assumes unchanged metal prices, but on the other hand assumes a very big stock dilution and only considers the roughly calculated discounted value of first 10 years of earnings.
Long term average zinc and lead prices may be significantly lower in the future than in the calcution above which used the Feb 2 levels, and much lower average prices should reduce the discounted value significantly. On the other hand TAM should be able to debt finance at least a great part of the capital needed for the pilot project, thus resulting in far less stock dilution and a much higher discounted value per share. These two factors may in the long run more or less neutralize each other, since they work in opposite directions, and therefore the expected value of the discounted long term stock price could be in the order of the calculated value above.
Now if you examine the case within the more foreseeable future a little more close, the R – 190 pilot project is supposed to produce 0.110 million tons of zink and 0.0555 million tons of lead in just two years according to the news release of May 16 2006 (even if their are indications of a production time shorter than that). The company then would have total revenues of about USD 432 million, corresponding to approximately CAD 250 million average per year, still assuming metal market prices of Feb 2007. The costs are very roughly assumed to be CAD 160 million per year, indicating profits before tax of around CAD 90 million and earnings per share of around CAD 0.6 after assumed 35 % tax and a heavy stock dilution up to 100 million shares. The profit margin after tax then would be around 23 %. If the pilot project takes less time than 2 years, which might be the case, the earnings per share should be correspondingly higher than calculated. Thus the total profit per share due to the pilot project would be around CAD 1.2 or more, achieved in around two years or less (corresponding to an annual earnings per share of around CAD 0.6 or more).
As pointed out before though, TAM could ,at least partly, debt finance the pilot project, thus resulting in less stock dilution. TAM could also hedge metal prices (but at a lower price level than the shortest term metal prices) probably even for the whole pilot project. Combining these two measures TAM might even show slightly higher earnings per share at a lower risk, due to the hedging, than in my previous estimate of the pilot project.
A short term stock price target should not discount all of these scenarios now, but a mere fraction of them. I find that CAD 1-1.50 seems a rather realistic fundamentally based stock price in this rather early stage, i e just before the feasibility study becomes official, and before the pilot project R – 190 hopefully will be permitted. After a potentially or most likely fully permitted project probably late this year, my TAM price target should be increased to CAD 2-3 assuming current metal price levels stay intact. CAD 2-3 then would roughly imply a one-two years looking forward p/e ratio of around 3-5 or even less, if you accept the CAD 0.6 or more earnings per share as reasonable (with the earnings per share possibly even higher if there will be less than 100 millions shares with debt financing as discussed before).
After an assumed successful, feasibility study, permitting and the following initial production, there seems to be an extraordinary fine long term potential for TAM, and the stock almost has to be undervalued att levels below CAD 1 now, and should be discovered by more speculators & investors in the stock market in the near future. The permitting issue should not be a very big obstacle but very time due to the economic boost the project would result in. But it is the environmental authorities who actually can permit the project. and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either.
In summary the long term metal prices and the permitting process are most likely the most important risk factors this year, but the metal prices are also a long term potential especially for the pilot project, as long as especially China & India continue their fast economic growth. TAM also could hedge prices thus reducing risk substantially.
Short term we can look forward to a news release, probably during the first quarter of 2007 or somewhat later in april, concerning the feasibility study where the whole pilot project will be thoroughly examined including all the important economical aspects. The feasibility will most likely give a very positive outlook for the project as hinted in my calculations, and should in my opinion cause the TAM stock price to reach a higher level when the stock market sees that there is a real and significant potential for Tamerlane which it not had considered enough. For the TAM stock price to increase even more, let say above the CAD 1.50-2 level, I presume the project has to be fully permitted, my guess is in last quarter of 2007.
Before permitting, TAM is a high risk junior zink and lead mining stock although with an extremely fine long term potential. Thus you could treat TAM now as a strong but speculative buy as an obvious immediate revaluation case with an very fine risk/reward ratio.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 2-3
Technical project presentation
This is a calculation of the long term price outlook for Tamerlane ventures, TAM stock if and when the production at the R -190 deposit is planned to start, i e within a couple of years, but also of a 2007 price target, assuming long term zinc and lead prices as of Feb 2 2007, USD 1.40 and 0.76 respectively, around which time the prices hit bottom for 2007 thus far.
The Tamerlane CEO is very experiencied and in fact worked as a geologist at Pine Point when the mine was producing a few decades back. The chairman of the board, with no or little executive responsiblity in Tamerlane, was involved in a mining company in the 1990-s when there was a tragic incident, which may affect her reputation negatively now, maybe not justified though since she was declared having no responsibility, at least according to my Internet googling of the incident. Others had responsibility though including certain authorities. She is though said to be very capable of raising funds for projects like this one. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane will use freezing technology in their pilot project to control ground water. There are examples of freezing rings functioning well. Freezing technology is not what caused the big problems at Cameco´s Cigar Lake project, but one messure among others to solve their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value at metal market price would be around USD 10.9 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level.
If you just would like a hint of the long term stock potential of TAM, let us take a look at this example. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % (which is lower than the approximately derived profit margin from the higher grade pilot project R – 190 calculation below ). That would leave TAM potential future nominal profits after tax of around USD 1.09-2.18 billion. The total production time is assumed to be around 30 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be half of that or around USD 363-726 million. The 2007 discounted value at 10 % interest rate, is around USD 203-406 million. At this moment there are only nearly 41 million diluted shares. but let us calculate with a heavy stock dilution for the total financing, to 100 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 2.35-4.70 in 2007 (with USD=1.16 CAD), compared to the CAD 0.53 closing price as of March 16 2007. So the stock potential has to be very high, even if the calculation assumes unchanged metal prices, but on the other hand assumes a very big stock dilution and only considers the roughly calculated discounted value of first 10 years of earnings.
Long term average zinc and lead prices may be significantly lower in the future than in the calcution above which used the Feb 2 levels, and much lower average prices should reduce the discounted value significantly. On the other hand TAM should be able to debt finance at least a great part of the capital needed for the pilot project, thus resulting in far less stock dilution and a much higher discounted value per share. These two factors may in the long run more or less neutralize each other, since they work in opposite directions, and therefore the expected value of the discounted long term stock price could be in the order of the calculated value above.
Now if you examine the case within the more foreseeable future a little more close, the R – 190 pilot project is supposed to produce 0.110 million tons of zink and 0.0555 million tons of lead in just two years according to the news release of May 16 2006 (even if their are indications of a production time shorter than that). The company then would have total revenues of about USD 432 million, corresponding to approximately CAD 250 million average per year, still assuming metal market prices of Feb 2007. The costs are very roughly assumed to be CAD 160 million per year, indicating profits before tax of around CAD 90 million and earnings per share of around CAD 0.6 after assumed 35 % tax and a heavy stock dilution up to 100 million shares. The profit margin after tax then would be around 23 %. If the pilot project takes less time than 2 years, which might be the case, the earnings per share should be correspondingly higher than calculated. Thus the total profit per share due to the pilot project would be around CAD 1.2 or more, achieved in around two years or less (corresponding to an annual earnings per share of around CAD 0.6 or more).
As pointed out before though, TAM could ,at least partly, debt finance the pilot project, thus resulting in less stock dilution. TAM could also hedge metal prices (but at a lower price level than the shortest term metal prices) probably even for the whole pilot project. Combining these two measures TAM might even show slightly higher earnings per share at a lower risk, due to the hedging, than in my previous estimate of the pilot project.
A short term stock price target should not discount all of these scenarios now, but a mere fraction of them. I find that CAD 1-1.50 seems a rather realistic fundamentally based stock price in this rather early stage, i e just before the feasibility study becomes official, and before the pilot project R – 190 hopefully will be permitted. After a potentially or most likely fully permitted project probably late this year, my TAM price target should be increased to CAD 2-3 assuming current metal price levels stay intact. CAD 2-3 then would roughly imply a one-two years looking forward p/e ratio of around 3-5 or even less, if you accept the CAD 0.6 or more earnings per share as reasonable (with the earnings per share possibly even higher if there will be less than 100 millions shares with debt financing as discussed before).
After an assumed successful, feasibility study, permitting and the following initial production, there seems to be an extraordinary fine long term potential for TAM, and the stock almost has to be undervalued att levels below CAD 1 now, and should be discovered by more speculators & investors in the stock market in the near future. The permitting issue should not be a very big obstacle but very time due to the economic boost the project would result in. But it is the environmental authorities who actually can permit the project. and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either.
In summary the long term metal prices and the permitting process are most likely the most important risk factors this year, but the metal prices are also a long term potential especially for the pilot project, as long as especially China & India continue their fast economic growth. TAM also could hedge prices thus reducing risk substantially.
Short term we can look forward to a news release, probably during the first quarter of 2007 or somewhat later in april, concerning the feasibility study where the whole pilot project will be thoroughly examined including all the important economical aspects. The feasibility will most likely give a very positive outlook for the project as hinted in my calculations, and should in my opinion cause the TAM stock price to reach a higher level when the stock market sees that there is a real and significant potential for Tamerlane which it not had considered enough. For the TAM stock price to increase even more, let say above the CAD 1.50-2 level, I presume the project has to be fully permitted, my guess is in last quarter of 2007.
Before permitting, TAM is a high risk junior zink and lead mining stock although with an extremely fine long term potential. Thus you could treat TAM now as a strong but speculative buy as an obvious immediate revaluation case with an very fine risk/reward ratio.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
TAM is not listed in Germany and must be bought on the Canadian TSX Venture list.
The feasibility study with their own calculations etc should be out within a month or so. Therefore it should be a fine time to buy now, before the market understands the huge potential.
The stock costs around 0.53 CAD but was up at 0.90 a year ago.
The feasibility study with their own calculations etc should be out within a month or so. Therefore it should be a fine time to buy now, before the market understands the huge potential.
The stock costs around 0.53 CAD but was up at 0.90 a year ago.
The TAM sellers seem to be dissapearing, with a buy 0.52 and sell 0.55, last 0.54 a few minutes before close today.
Hopefully the bottom is history now and the fundamentals will take over...
Hopefully the bottom is history now and the fundamentals will take over...
Huge interest at 0,52 (157.000). I hope we won't go any lower. Maybe we have found a new Aurelian-type stock here Loparn. Time will tell us. TAM remains incredibly undervalued.
Yes, the trading seems more stable now with less stock dumping from BMO Nesbitt who have appeared to try to resist any TAM run so far for a long time.
The inefficient market just has to be a little bit less inefficient and we will have TAM e g 30-50 % higher than now in short time :-)
The inefficient market just has to be a little bit less inefficient and we will have TAM e g 30-50 % higher than now in short time :-)
When is the permit to operate the mine expected? What are the odds of receiving it?
Thanks in advance,
neuflostein
Thanks in advance,
neuflostein
Antwort auf Beitrag Nr.: 28.382.117 von neuflostein am 20.03.07 07:40:34TAM has said they plan for receiving permitting in the summer, but the deciding environmental authority indicates the following autumn.
I would exspect the decition anytime sept-dec 2007.
Of what I have learned the last months there are mostly positive indications for TAM receive permitting (local support, Pilot Project not that big, TAM taking a lot of serious environmental measures among others)
My intuitively estimated probability for TAM getting the permitting eventually, even if it would take a bit longer than during 2007(not so likely that late though I think), could be in the order of 75-85 % if you knew ALL that there is to know about the permitting process and the TAM case facts.
It is probably more a time-, and for TAM a lot of work-depending process to meet all the multitude of items the permitting requires.
Even if you look at this case as a 50-50 -chance play, TAM is vastly undervalued.
I would exspect the decition anytime sept-dec 2007.
Of what I have learned the last months there are mostly positive indications for TAM receive permitting (local support, Pilot Project not that big, TAM taking a lot of serious environmental measures among others)
My intuitively estimated probability for TAM getting the permitting eventually, even if it would take a bit longer than during 2007(not so likely that late though I think), could be in the order of 75-85 % if you knew ALL that there is to know about the permitting process and the TAM case facts.
It is probably more a time-, and for TAM a lot of work-depending process to meet all the multitude of items the permitting requires.
Even if you look at this case as a 50-50 -chance play, TAM is vastly undervalued.
Antwort auf Beitrag Nr.: 28.358.894 von medimmune am 18.03.07 18:53:35Gibt es Gründe (Probleme, Bedenken, gleich welcher Natur), warum noch keine Genehmigung vorliegt? Hat sich das Unternehmen diesbezüglich geäußert?
Für den Permit wichtig sind zunächst der Developers Assessment Report an dem TAM derzeit intensiv arbeitet um die Anforderungen der Umweltbehörde MVEIRB zu erfüllen. Wichtig ist nach Aussagen der Behörde auch die Feasibilty Study welche in den nächsten zwei Wochen erwartet wird. Sie sollte aufgrund Reichhaltigkeit des Deposits, Infrastruktur, DMS, Freeze Ring etc. sehr überzeugend ausfallen und dem Kurs deutlich Auftrieb geben. Die Behörde hat laut offiziellem Timeframe die Entscheidung für Oct/Nov vorgesehen. Man ist jedoch seinem Zeitplan derzeit voraus und hofft von Unternehmensseite auf den Spätsommer.
Wenn man sich die Konkurrenz anschaut müsste der Markt dieser Company zunächst eine Mcap von 150 Mio pre Feasibility zugestehen, also 4 $. Nach der Feasibilty sollte es eigentlich mehr sein, nach einem Permit sowieso. Der Cash Flow aus dem ersten von 34 Deposits (R-190-Deposit) sollte 130Mio betragen, also ca.3$ pro Aktie.
Wenn man sich die Konkurrenz anschaut müsste der Markt dieser Company zunächst eine Mcap von 150 Mio pre Feasibility zugestehen, also 4 $. Nach der Feasibilty sollte es eigentlich mehr sein, nach einem Permit sowieso. Der Cash Flow aus dem ersten von 34 Deposits (R-190-Deposit) sollte 130Mio betragen, also ca.3$ pro Aktie.
Die Genehmigungsprozesse in Kanada dauern ihre Zeit. Ca.1-1,5 Jahre. Die Auflagen der Behörden sind zwar hoch aber absolut zu erfüllen. Bei stockhouse.com laufen einige Experten herum die sich darüber in letzter Zeit genauer geäußert haben. Ich glaube die Chance stehen gut wenn auch nicht bei 100%.
Antwort auf Beitrag Nr.: 28.383.930 von medimmune am 20.03.07 09:58:42Merci, dann werde ich mir das mal etwas genauer anschauen
Welcome, gentlemen - bin seit eben auch mit einer Mini-Position (15k) dabei. 
Danke für den Tipp - sieht selbst nach oberflächlicher Express-DD wirklich nachhaltig aus!
Danke für den Tipp - sieht selbst nach oberflächlicher Express-DD wirklich nachhaltig aus!
TAM 0.58 CAD
Looks clearly stronger than a month ago, when TAM was lagging in the 0.45-0.50 range.
I wouldn`t be surprised if TAM broke through 0.60-0.65 even before the feasibility study becomes official.
Looks clearly stronger than a month ago, when TAM was lagging in the 0.45-0.50 range.
I wouldn`t be surprised if TAM broke through 0.60-0.65 even before the feasibility study becomes official.
Wo ich so nett gebeten werde, schau ich mal auf ein Wort aus dem Herald Resources Thread vorbei.
Die Aussichten für die Zinkpreisentwicklung in den nächsten 1-2 Jahren werden allgemein als sehr positiv eingeschätzt, solange die Weltkonjunktur mitspielt (insbesonder China und Indien werden auf absehbare Zeit die Pace machen), wird die Nachfrage auf hohem Niveau verbleiben, die Lagerbestände tendieren gegen Null, also wird der Preis weiter tendentiell nach oben gehen.
Von daher fährt man mit einem (potentiellen) Zinkproduzenten sicherlich sehr gut, vorausgesetzt man ist rechtzeitig am Markt und kann sich das hohe Preisniveau sichern.
Hier liegt die Unkalkulierbarkeit bei Tamerlane, denn der Zeithorizont bis zum Produktionstart dürfte sicherlich noch einige Jahre betragen, von den grundsätzlichen Unwägbarkeiten mit dem ein Invest in einen im Frühstadium befindlichen Explorer verbunden ist ganz zu schweigen (Genehmigungsverfahren, Finanzierung, etc.).
Ich weis dies aus eigener Erfahrung als langjähriger Aktionär von HER, es hat hier, wenn denn nun endlich die letzten formalen Hürden aus dem Weg geräumt sein werden (vor. Ende März), an die 10 Jahre von der ersten Probebohrung bis zum voraussichtlich dann per Ende des Jahres erfolgenden Produktionsstart gedauert.
Die Vorausetzungen das Tamerlane es soweit schafft sind soweit ich das hier an den eingestellten Infos ersehen kann sicherlich nicht schlecht, und in einem positiven Marktumfeld wird sich früher oder später auch der Kurs entwickeln, aber ich für meinen Teil will nun erstmal die Früchte bei Herald ernten, wünsche allen Investierten viel Erfolg, werde sicherlich ab und zu mal vorbeischauen, vielleicht erwächst ja hier der nächste große neue Zinkplayer nach HER
Die Aussichten für die Zinkpreisentwicklung in den nächsten 1-2 Jahren werden allgemein als sehr positiv eingeschätzt, solange die Weltkonjunktur mitspielt (insbesonder China und Indien werden auf absehbare Zeit die Pace machen), wird die Nachfrage auf hohem Niveau verbleiben, die Lagerbestände tendieren gegen Null, also wird der Preis weiter tendentiell nach oben gehen.
Von daher fährt man mit einem (potentiellen) Zinkproduzenten sicherlich sehr gut, vorausgesetzt man ist rechtzeitig am Markt und kann sich das hohe Preisniveau sichern.
Hier liegt die Unkalkulierbarkeit bei Tamerlane, denn der Zeithorizont bis zum Produktionstart dürfte sicherlich noch einige Jahre betragen, von den grundsätzlichen Unwägbarkeiten mit dem ein Invest in einen im Frühstadium befindlichen Explorer verbunden ist ganz zu schweigen (Genehmigungsverfahren, Finanzierung, etc.).
Ich weis dies aus eigener Erfahrung als langjähriger Aktionär von HER, es hat hier, wenn denn nun endlich die letzten formalen Hürden aus dem Weg geräumt sein werden (vor. Ende März), an die 10 Jahre von der ersten Probebohrung bis zum voraussichtlich dann per Ende des Jahres erfolgenden Produktionsstart gedauert.
Die Vorausetzungen das Tamerlane es soweit schafft sind soweit ich das hier an den eingestellten Infos ersehen kann sicherlich nicht schlecht, und in einem positiven Marktumfeld wird sich früher oder später auch der Kurs entwickeln, aber ich für meinen Teil will nun erstmal die Früchte bei Herald ernten, wünsche allen Investierten viel Erfolg, werde sicherlich ab und zu mal vorbeischauen, vielleicht erwächst ja hier der nächste große neue Zinkplayer nach HER
Antwort auf Beitrag Nr.: 28.398.487 von zinker06 am 20.03.07 21:30:03Zinker06,
danke für deine Einschätzung zur Zinkentwicklung und zu Tamerlane.
Ich bin bei TAM eingestiegen weil ich das Unternehmen bereits in einem spätem Stadium sehe und nicht im Frühstadium. Der Genehmigungsprozess läuft seit Frühjahr 2006, die Feasibility und 43-101 sind laut Aussagen des Managements praktisch fertiggestellt. TAM verfügt über Explorationsdaten im Wert von 50 Mio $. Produktionsbeginn soll in einem Jahr sein. Eine Garantie dafür haben wir nicht und im schlimmsten Fall mag es Jahre dauern aber davon ausgehen muss man hier nicht. Die Infrastruktur ist zudem wie erwähnt vorhanden. Dazu kommt eine Bewertung die in unglaublichem Missverhältnis zur Ressource und den guten Voraussetzungen steht.
Herald ist bestimmt eine gute Aktie. Sie hat eine Mcap von gut 200 Mio Can$ bei einer Zinkressource von 13,2 Mio Tonnen (80% Anteil) plus einige Goldprojekte. TAM kostet 20 Mio Can $ bei einer Ressource von 70 Mio Tonnen (100% Anteil). Wenn man nur den reinen Metallwert berücksichtigt und berücksichtigt dass Herald seine Mine evtl. fast fertig hat kommt man trotzdem auf erstaunliche Bewertungsunterschiede. So ergeht es aber nicht nur Herald sondern jeder anderen Aktie, die wir mit TAM verglichen haben. Es ist immer das gleiche.
danke für deine Einschätzung zur Zinkentwicklung und zu Tamerlane.
Ich bin bei TAM eingestiegen weil ich das Unternehmen bereits in einem spätem Stadium sehe und nicht im Frühstadium. Der Genehmigungsprozess läuft seit Frühjahr 2006, die Feasibility und 43-101 sind laut Aussagen des Managements praktisch fertiggestellt. TAM verfügt über Explorationsdaten im Wert von 50 Mio $. Produktionsbeginn soll in einem Jahr sein. Eine Garantie dafür haben wir nicht und im schlimmsten Fall mag es Jahre dauern aber davon ausgehen muss man hier nicht. Die Infrastruktur ist zudem wie erwähnt vorhanden. Dazu kommt eine Bewertung die in unglaublichem Missverhältnis zur Ressource und den guten Voraussetzungen steht.
Herald ist bestimmt eine gute Aktie. Sie hat eine Mcap von gut 200 Mio Can$ bei einer Zinkressource von 13,2 Mio Tonnen (80% Anteil) plus einige Goldprojekte. TAM kostet 20 Mio Can $ bei einer Ressource von 70 Mio Tonnen (100% Anteil). Wenn man nur den reinen Metallwert berücksichtigt und berücksichtigt dass Herald seine Mine evtl. fast fertig hat kommt man trotzdem auf erstaunliche Bewertungsunterschiede. So ergeht es aber nicht nur Herald sondern jeder anderen Aktie, die wir mit TAM verglichen haben. Es ist immer das gleiche.
The rocket seems to lift anyday now !
Look here at this valuation aspect the Stockhouse.com writer CalifDreaming wrote :
"Lundin paid $0.01275 per lb of Zn equivalent resource for a mine that needs $400MM capex because of it's remote location with no infrastructure. If you add in their 49% share of the US$400MM capex (~C$234MM), the price rises to about US$0.033/lb
If you use the same valuation lb of zn equivalent for TAM's 71MM tonne deposit, that equates to US$269MM (C$314MM). And TAM deserves a premium valuation for being in Canada and much closer to production.
TAM is MASSIVELY undervalued with it's minuscule $16MM market cap. "
So in that respect TAM is undervalued by more than factor 19 or has an upside of over 1800 % ! Now I myself think that would be too optimistic though, but TAM is really deeply undervaluated.
It will be very exciting for the TAM stock holder the coming month!
Look here at this valuation aspect the Stockhouse.com writer CalifDreaming wrote :
"Lundin paid $0.01275 per lb of Zn equivalent resource for a mine that needs $400MM capex because of it's remote location with no infrastructure. If you add in their 49% share of the US$400MM capex (~C$234MM), the price rises to about US$0.033/lb
If you use the same valuation lb of zn equivalent for TAM's 71MM tonne deposit, that equates to US$269MM (C$314MM). And TAM deserves a premium valuation for being in Canada and much closer to production.
TAM is MASSIVELY undervalued with it's minuscule $16MM market cap. "
So in that respect TAM is undervalued by more than factor 19 or has an upside of over 1800 % ! Now I myself think that would be too optimistic though, but TAM is really deeply undervaluated.
It will be very exciting for the TAM stock holder the coming month!
Die Private Placement Seller waren auch heute präsent. Zu erkennen über die Verkäufer Anonymous, ITG und BMO (www.stockwatch.com). Von diesen drei Adressen wurden seit Freigabe am 18. August konstant Aktien verkauft. Heute sind allein 160.000 Aktien der PP seller in stärkere Hände gewandert. Dank der im Moment sehr guten Akkumulation von Retailseite (auch wenn der Preis sich kaum bewegt)dürften bald alle Aktien absorbiert sein. Dann ist der Weg nach oben frei.
Das Zitat von loparn oben bezieht sich auf den Kauf eines russischen Zink-Deposits durch Lundin Mining Ende 2006. Vergleiche zu Pine Point ergaben einen Wert von ca. 350 Mio den Lundin entsprechend für Pine Point hätte zahlen müssen. Das entspricht 9 Can Dollar pro TAM-Aktie. Einer von etlichen Vergleichen, die im letzten halben Jahr angestellt wurden und veranschaulichen wie fehlbewertet TAM ist.
Das Zitat von loparn oben bezieht sich auf den Kauf eines russischen Zink-Deposits durch Lundin Mining Ende 2006. Vergleiche zu Pine Point ergaben einen Wert von ca. 350 Mio den Lundin entsprechend für Pine Point hätte zahlen müssen. Das entspricht 9 Can Dollar pro TAM-Aktie. Einer von etlichen Vergleichen, die im letzten halben Jahr angestellt wurden und veranschaulichen wie fehlbewertet TAM ist.
CML a nickel junior miner in the same time frame as TIME today released their feasibility study, and now is up around 20 % after that, but also went up over 10 % yesterday (leaks ?).
CML is also calculated by the signature CalifDreaming to have NEARLY as good potential as TAM.
What will happen when TAM releases its feasibility study, within a few weeks ? :-)
(I hapened to have some CML since 3 days ago):
CML is also calculated by the signature CalifDreaming to have NEARLY as good potential as TAM.
What will happen when TAM releases its feasibility study, within a few weeks ? :-)
(I hapened to have some CML since 3 days ago):
Antwort auf Beitrag Nr.: 28.422.044 von medimmune am 21.03.07 23:22:20Ich finde diese Aktie durchaus interessant, sehe aber 2 Probleme.
Wegen Produktionsbeginn habe ich als Vergleich Crowflight minerals, die ein bedeutendes Nickelvorkommen haben.
Die sind schon sehr weit fortgeschritten, aber Produktionsbeginn 2009.
Gibt es denn einen klaren Terminplan ?
Ich würde Produktionsbeginn frühestens 2009 schätzen, eher 2010.
Die Termine werden bei Explorern meist nach hinten verschoben.
Auch dauert der Bau einer Mine rel. lange.
Ferner sind die Spesen beim Kauf in Kanada min. 50 cad höher als beim Kauf in Frankfurt laut Auskunft Comdirect, mit denen ich gerade gesprochen habe.
Ist denn klar, ob und wann die in D handeln ?
Wenn Du willst, kannst Du mir eine BM schicken, wenn der Handel in D aufgenommen wird.
Ich habe nämlich Bekannte, die auch interessiert sind, aber zunächst eine Anfangsposition kaufen wollen, da aber von den rel. hohen Spesen abgeschreckt werden.
Wegen Produktionsbeginn habe ich als Vergleich Crowflight minerals, die ein bedeutendes Nickelvorkommen haben.
Die sind schon sehr weit fortgeschritten, aber Produktionsbeginn 2009.
Gibt es denn einen klaren Terminplan ?
Ich würde Produktionsbeginn frühestens 2009 schätzen, eher 2010.
Die Termine werden bei Explorern meist nach hinten verschoben.
Auch dauert der Bau einer Mine rel. lange.
Ferner sind die Spesen beim Kauf in Kanada min. 50 cad höher als beim Kauf in Frankfurt laut Auskunft Comdirect, mit denen ich gerade gesprochen habe.
Ist denn klar, ob und wann die in D handeln ?
Wenn Du willst, kannst Du mir eine BM schicken, wenn der Handel in D aufgenommen wird.
Ich habe nämlich Bekannte, die auch interessiert sind, aber zunächst eine Anfangsposition kaufen wollen, da aber von den rel. hohen Spesen abgeschreckt werden.
hallo in die Runde,
ich habe hier mal eine Frage:
Weiß hier jemand, ob und evtl wann TAM auch in Deutschland in Zukunft gehandelt wird / werden soll???
nen schönen Abend noch in die Runde
Carl
ich habe hier mal eine Frage:
Weiß hier jemand, ob und evtl wann TAM auch in Deutschland in Zukunft gehandelt wird / werden soll???
nen schönen Abend noch in die Runde
Carl
Antwort auf Beitrag Nr.: 28.422.044 von medimmune am 21.03.07 23:22:20Hallo Medi,
TAM weckt auch mein Interesse. Habe vorhin die Präsentation durchgesehen. Beginn Probebetrieb De. 2007, richtige Mine 2008.
Wichtiger ist aber, wieviel Geld braucht TAM bis dahin, bis sie genug Cash macht um unabhängig von PPs zu (über)leben?? Und da habe ich keine Vorstellung. Wenn man das weiss, kann man abschätzen, wieviel Aktien es denn gibt. Bis dahin verschiebe ich mal meine Kaufentscheidung.
TAM weckt auch mein Interesse. Habe vorhin die Präsentation durchgesehen. Beginn Probebetrieb De. 2007, richtige Mine 2008.
Wichtiger ist aber, wieviel Geld braucht TAM bis dahin, bis sie genug Cash macht um unabhängig von PPs zu (über)leben?? Und da habe ich keine Vorstellung. Wenn man das weiss, kann man abschätzen, wieviel Aktien es denn gibt. Bis dahin verschiebe ich mal meine Kaufentscheidung.
Hallo zusammen,
ich kann eure Fragen nach der Handelbarkeit verstehen. Letztlich kostet die Order nach Kanada bei den meisten Brokern ca. 50 Euro, nach New York 25 Euro und nach Frankfurt ca.15 Euro. Dafür ist dort aber auch die Liquidität sehr viel besser und man kann seine Kaufentscheidung am Echtzeit-Kurs festmachen bzw. besser auf Schwankungen reagieren. Wem Toronto zu teuer ist der kann kanadische Minenwerte auch sehr gut günstiger über New York handeln. Der Market Maker gibt die Order direkt an die kanadische Börse.
Wann die Aktie in Deutschland gehandelt werden wird weiss ich nicht. Das hängt meistens auch davon ab ob irgendein Guru oder Börsenbrief hier die Aktie entdeckt und die Zulassung beantragt. So kommen die meisten Explorer hier zu ihrer Zulassung, nicht durch Initiative des Unternehmens. Da Century Mining seit kurzer Zeit hier gelistet rechne ich auch mit einem TAM-Listing in Deutschland. Einen Zeitplan dafür gibt es jedoch nicht.
ich kann eure Fragen nach der Handelbarkeit verstehen. Letztlich kostet die Order nach Kanada bei den meisten Brokern ca. 50 Euro, nach New York 25 Euro und nach Frankfurt ca.15 Euro. Dafür ist dort aber auch die Liquidität sehr viel besser und man kann seine Kaufentscheidung am Echtzeit-Kurs festmachen bzw. besser auf Schwankungen reagieren. Wem Toronto zu teuer ist der kann kanadische Minenwerte auch sehr gut günstiger über New York handeln. Der Market Maker gibt die Order direkt an die kanadische Börse.
Wann die Aktie in Deutschland gehandelt werden wird weiss ich nicht. Das hängt meistens auch davon ab ob irgendein Guru oder Börsenbrief hier die Aktie entdeckt und die Zulassung beantragt. So kommen die meisten Explorer hier zu ihrer Zulassung, nicht durch Initiative des Unternehmens. Da Century Mining seit kurzer Zeit hier gelistet rechne ich auch mit einem TAM-Listing in Deutschland. Einen Zeitplan dafür gibt es jedoch nicht.
Petrus,
du sprichst einen wichtigen Punkt an. TAM verbrennt kaum Geld. Aus dem 5 Mio. PP in 2006 hat man immer noch 4,2 Mio. Cash. Dazu kommen wohl bald mehr wenn 7,15 Mio. Warrants ausgeübt werden. Das Geld sollte bis zur Genehmigung der Mine locker reichen, selbst wenn diese erst deutlich später als veranschlagt kommen sollte. Bis zu einer Genehmigung kann der TAM-Kurs bereits jenseits der 5 Dollar sein und so eine sehr günstige Finanzierung erlauben. Vorgesehen ist aber (siehe Anfang des Threads) die Finanzierung überwiegend nicht über die Ausgabe neuer Aktien vorzunehmen.......ein Glücksfall. Zudem sind für die Errichtung der Mine lediglich 60-70 Mio. veranschlagt weil die Infrastruktur vorhanden ist. Andere Explorer benötigen oft die zehnfache Inv. summe um ein Mine zu errichten.
du sprichst einen wichtigen Punkt an. TAM verbrennt kaum Geld. Aus dem 5 Mio. PP in 2006 hat man immer noch 4,2 Mio. Cash. Dazu kommen wohl bald mehr wenn 7,15 Mio. Warrants ausgeübt werden. Das Geld sollte bis zur Genehmigung der Mine locker reichen, selbst wenn diese erst deutlich später als veranschlagt kommen sollte. Bis zu einer Genehmigung kann der TAM-Kurs bereits jenseits der 5 Dollar sein und so eine sehr günstige Finanzierung erlauben. Vorgesehen ist aber (siehe Anfang des Threads) die Finanzierung überwiegend nicht über die Ausgabe neuer Aktien vorzunehmen.......ein Glücksfall. Zudem sind für die Errichtung der Mine lediglich 60-70 Mio. veranschlagt weil die Infrastruktur vorhanden ist. Andere Explorer benötigen oft die zehnfache Inv. summe um ein Mine zu errichten.
Urlaub,
ich hoffe deine Bekannten haben Erfahrung mit Explorern und sind sich bewusst dass TAM auch hohe Risiken hat. Ohne Genehmigung würde diese Aktie Probleme bekommen. Das Chance/Risko Verhältnis ist nur sehr gut.
TAM ist mit 23,5 Mio bewertet (fully diluted). Crow Flight Minerals hat per heute abend eine Mcap von 180 Mio. Die Aktie ist 7,65mal so teuer wie Tamerlane obwohl sie im gleichen Entwicklungsstadium ist. Crow Flight hat jeoch ein vergleichbar herausragendes Vorkommen. Ich würde die Aktie vielleicht kaufen wenn ich nicht auf TAM aufmerksam geworden wäre.
Der Terminplan für 2007 steht fest und ist auch von der Umweltbehörde so verankert. Es gibt dazu einige Grafiken. Ich werde sie morgen suchen und die Links posten.
Wünsche euch eine gute Nacht!
ich hoffe deine Bekannten haben Erfahrung mit Explorern und sind sich bewusst dass TAM auch hohe Risiken hat. Ohne Genehmigung würde diese Aktie Probleme bekommen. Das Chance/Risko Verhältnis ist nur sehr gut.
TAM ist mit 23,5 Mio bewertet (fully diluted). Crow Flight Minerals hat per heute abend eine Mcap von 180 Mio. Die Aktie ist 7,65mal so teuer wie Tamerlane obwohl sie im gleichen Entwicklungsstadium ist. Crow Flight hat jeoch ein vergleichbar herausragendes Vorkommen. Ich würde die Aktie vielleicht kaufen wenn ich nicht auf TAM aufmerksam geworden wäre.
Der Terminplan für 2007 steht fest und ist auch von der Umweltbehörde so verankert. Es gibt dazu einige Grafiken. Ich werde sie morgen suchen und die Links posten.
Wünsche euch eine gute Nacht!
863324 mhhhhhhhmmm
Antwort auf Beitrag Nr.: 28.442.684 von medimmune am 22.03.07 22:29:05Ich bin trotz leichter Bedenken in Kanada eingestiegen, weil ich mit ähnlichen Werten (großes Vorkommen, politisch sicher)
sehr gute Erfahrungen gemacht habe.
Ich nenne Crowflight minerals, Oriental minerals, Thor Mining und Northland Resources, die alle stark gestiegen sind.
sehr gute Erfahrungen gemacht habe.
Ich nenne Crowflight minerals, Oriental minerals, Thor Mining und Northland Resources, die alle stark gestiegen sind.
Antwort auf Beitrag Nr.: 28.442.162 von medimmune am 22.03.07 21:55:57Ich habe übrigens bei der Deutschen Börse wg. Notiz in Frankfurt angefragt.
Die sagten mir, daß ein Börsenmitglied den Antrag stellen muß und es 750 Euro kostet.
Die Firma wird kurz überprüft.
Ein "Guru", der TAM pushen will, muß also seine Bank entsprechend bitten und die 750 Euro hinblättern.
Die sagten mir, daß ein Börsenmitglied den Antrag stellen muß und es 750 Euro kostet.
Die Firma wird kurz überprüft.
Ein "Guru", der TAM pushen will, muß also seine Bank entsprechend bitten und die 750 Euro hinblättern.
Hallo zusammen,
ich möchte nochmal sagen, dass jeder der überlegt sich einen Explorer wie TAM zu kaufen vorher eigenes Research betreiben sollte, also möglichst viele Informationen sammeln um auf dieser Basis eine Entscheidung zu fällen. Letztlich ist jeder für seine Entscheidungen selbst verantwortlich und sollte auch hinter ihnen stehen. Ich kann für mich sagen, dass ich mir sicher bin diese Aktie im Depot haben zu wollen, weil sie mir einen sehr viel größeren Hebel als andere Explorer bietet...obwohl ich weiss, dass die Aktie fallen wird wenn TAM es nicht schafft in Produktion zu gehen.
Ich habe nach den Kriterien, die mir wichtig sind Tamerlane mit vielen anderen Explorern verglichen. Die Diskussionen bei Stockhouse haben dabei geholfen zu erkennen wie fehlbewertet dieses Unternehmen ist. Die Kombination Infrastruktur, Near Term Producer, der Wert des Deposits und die niedrige Mcap machen hier die explosive Mischung aus.
Um sich zu informieren können diese Seiten hilfreich sein:
www.resourcexmetals.com/TAM/
www.stockhouse.com/bullboards/forum.asp?symbol=TAM&table=LIS…
www.tamerlaneventures.com
Um den gesamten Genehmigungsprozess zu verfolgen die Seite der Umweltbehörde MVEIRB:
www.mveirb.nt.ca/registry/index.php
Der offizielle Zeitplan bis zur Entscheidung der MVEIRB findet sich unter disem Link:
www.mveirb.nt.ca/upload/project/1162579896_Tamerlane%20Gant%…
ich möchte nochmal sagen, dass jeder der überlegt sich einen Explorer wie TAM zu kaufen vorher eigenes Research betreiben sollte, also möglichst viele Informationen sammeln um auf dieser Basis eine Entscheidung zu fällen. Letztlich ist jeder für seine Entscheidungen selbst verantwortlich und sollte auch hinter ihnen stehen. Ich kann für mich sagen, dass ich mir sicher bin diese Aktie im Depot haben zu wollen, weil sie mir einen sehr viel größeren Hebel als andere Explorer bietet...obwohl ich weiss, dass die Aktie fallen wird wenn TAM es nicht schafft in Produktion zu gehen.
Ich habe nach den Kriterien, die mir wichtig sind Tamerlane mit vielen anderen Explorern verglichen. Die Diskussionen bei Stockhouse haben dabei geholfen zu erkennen wie fehlbewertet dieses Unternehmen ist. Die Kombination Infrastruktur, Near Term Producer, der Wert des Deposits und die niedrige Mcap machen hier die explosive Mischung aus.
Um sich zu informieren können diese Seiten hilfreich sein:
www.resourcexmetals.com/TAM/
www.stockhouse.com/bullboards/forum.asp?symbol=TAM&table=LIS…
www.tamerlaneventures.com
Um den gesamten Genehmigungsprozess zu verfolgen die Seite der Umweltbehörde MVEIRB:
www.mveirb.nt.ca/registry/index.php
Der offizielle Zeitplan bis zur Entscheidung der MVEIRB findet sich unter disem Link:
www.mveirb.nt.ca/upload/project/1162579896_Tamerlane%20Gant%…
Nachfolgend eine Zusammenstellung der Bohrergebnisse:
W-85-Deposit
Hole Intervall Thick Pb Zn Combined feet ness m % % %
W85-TV1 106-222 35,4 7,40 4,08 11,48
W85-TV4 87-203 35,4 7,24 5,97 13,21
W85-TV4 234-262 8,5 6,94 4,72 11,66
W85-TV5 202-285 25,5 4,10 8,14 12,24
W85-TV6 205-340 41,2 72,1 0,72 14,44
W85-TV7 165-235 21,6 0,60 3,42 4,02
W85-TV8 197-222 7,6 2,31 6,95 9,26
W85-TV8 262-350 26,8 5,66 9,48 15,14
W85-TV9 260-350 27,4 6,12 13,7 19,83
GO-3-Deposit
GO3-TV1 180-342 49,4 4,50 12,33 16,83
Tamerlane has intersected 212 feet of 15,16% combined lead-zinc in hole GO-TV3
R-190-Deposit
Hole Intervall Thick Pb Zn Combined
feet ness m % % %
TV07 396-401 1,5 4,63 0,66 5,29
TV07 407-430 7,0 6,98 0,90 7,88
TV07 438-440 0,6 5,39 0,10 5,49
TV07 495-527 9,8 11,14 36,7 47,8
TV09 435-540 32 12,10 19,0 31,1
TV10 457-517 18,2 4,65 17,7 22,4
TV01 401-411 3,1 7,88 1,93 9,8
TV01 415-420 1,5 20,8 1,71 22,5
TV01 450-535 26 6,35 17,3 23,6
TV02 468-528 18,3 7,55 17,9 25,4
TV03 400-435 10,7 13,7 4,35 18,1
TV03 465-530 19,8 13,5 23,8 37,4
TV05 417-437 6,1 10,97 1,81 12,8
TV05 500-533 9,9 14,84 37,2 52,1
@ medimmune
Frage: Woher hast du die Info, daß die Feasability Study Ende März/Anfang April kommen soll?
W-85-Deposit
Hole Intervall Thick Pb Zn Combined feet ness m % % %
W85-TV1 106-222 35,4 7,40 4,08 11,48
W85-TV4 87-203 35,4 7,24 5,97 13,21
W85-TV4 234-262 8,5 6,94 4,72 11,66
W85-TV5 202-285 25,5 4,10 8,14 12,24
W85-TV6 205-340 41,2 72,1 0,72 14,44
W85-TV7 165-235 21,6 0,60 3,42 4,02
W85-TV8 197-222 7,6 2,31 6,95 9,26
W85-TV8 262-350 26,8 5,66 9,48 15,14
W85-TV9 260-350 27,4 6,12 13,7 19,83
GO-3-Deposit
GO3-TV1 180-342 49,4 4,50 12,33 16,83
Tamerlane has intersected 212 feet of 15,16% combined lead-zinc in hole GO-TV3
R-190-Deposit
Hole Intervall Thick Pb Zn Combined
feet ness m % % %
TV07 396-401 1,5 4,63 0,66 5,29
TV07 407-430 7,0 6,98 0,90 7,88
TV07 438-440 0,6 5,39 0,10 5,49
TV07 495-527 9,8 11,14 36,7 47,8
TV09 435-540 32 12,10 19,0 31,1
TV10 457-517 18,2 4,65 17,7 22,4
TV01 401-411 3,1 7,88 1,93 9,8
TV01 415-420 1,5 20,8 1,71 22,5
TV01 450-535 26 6,35 17,3 23,6
TV02 468-528 18,3 7,55 17,9 25,4
TV03 400-435 10,7 13,7 4,35 18,1
TV03 465-530 19,8 13,5 23,8 37,4
TV05 417-437 6,1 10,97 1,81 12,8
TV05 500-533 9,9 14,84 37,2 52,1
@ medimmune
Frage: Woher hast du die Info, daß die Feasability Study Ende März/Anfang April kommen soll?
Antwort auf Beitrag Nr.: 28.474.786 von MFC500 am 24.03.07 17:14:41Mist, daß das mit der Formatierung des Textes nicht funktioniert. Die Tabellenüberschriften lauten wie folgt:
Hole
Intervall (in feet)
Thickness (in m)
Pb in %
Zn in %
Combined Pb&Zn in %
Hole
Intervall (in feet)
Thickness (in m)
Pb in %
Zn in %
Combined Pb&Zn in %
Die Info habe ich aus dem Stockhouse Forum. Dort halten einige reglmäßigen Kontakt zu IR und Management von TAM. Auch die Behörde wartet auf die Feasibility wie aus Dokumenten auf der Website hervorgeht. Sie findet anscheinend Berücksichtigung im Genehmigungsprozess. Die Fb. sollte schon Januar kommen, hat sich verzögert und ist nun überfällig.
TAM steht in Verhandlungen mit den Natives, vor allem Fort Resolution. Um welche Forderungen es genau geht ist noch nicht durchgesickert. Beide wollen und brauchen das Projekt und betonen sich einigen zu wollen. Es geht wohl vor allem um die Arbeitsplätze. Ich glaube nicht, dass TAM die Fb vor Abschluss der Deals mit den Natives bekannt gibt denn die dürfte zu gut ausfallen. Bis dahin gilt: Keep a low profile! Zeige nicht zuviel von deinem Vermögen. Die Deals und die Fb sollten in naher Zukunft kommen. Die Fb war für Ende Quarter 1 angekündigt. Wie gesagt, ich glaube sie wird erst veröffentlicht wenn mit den Natives Einigung besteht.
Antwort auf Beitrag Nr.: 28.478.011 von medimmune am 24.03.07 21:09:20I think this deal with the "nations" is a lot of "hokum", more reminding of the stone age !
These "natives" should be able to read at Stockhouse for example and see how rich this deposit is and how cheap TAM is - maybe they are loaded with TAM shares :-)
Anyhow it is not a permitting question how or if TAM will make a deal (of what ?).
These "natives" should be able to read at Stockhouse for example and see how rich this deposit is and how cheap TAM is - maybe they are loaded with TAM shares :-)
Anyhow it is not a permitting question how or if TAM will make a deal (of what ?).
Antwort auf Beitrag Nr.: 28.478.011 von medimmune am 24.03.07 21:09:20jedenfalls sind die Verhandlungen mit den Natives zunächst mal gescheitert:
http://www.mveirb.nt.ca/upload/project_document/1174341479_D…
http://www.mveirb.nt.ca/upload/project_document/1174341479_D…
Antwort auf Beitrag Nr.: 28.477.899 von medimmune am 24.03.07 20:45:12ich glaube nicht, daß die FS hier allein ausschlaggebend ist, schließlich bestehen doch erhebliche Bedenken auf Seiten der Behörden:
http://www.mveirb.nt.ca/upload/project_document/1158939673_E…
oder hier eine Aussage von Tamerlane vom 12.09.06:
"Tamerlane has reviewed the contents of the draft Terms of Reference posted on the public registry, September 7, 2006. Having completed our review, Tamerlane is very concerned about the excessive number of items (over 300) and extreme level of detail the draft Terms of Reference require for Tamerlane’s small-scale, short-term project."
http://www.mveirb.nt.ca/upload/project_document/1158166088_E…
Es scheint doch noch ein sehr weiter Weg bis zur Erteilung (oder Nichterteilung) der Permits zu sein. Geht man indes von halbwegs stabilen Zink- und Blei-Preisen sowie einer Genehmigung der Mine aus, erscheint die Aktie äußerst vielversprechend.
http://www.mveirb.nt.ca/upload/project_document/1158939673_E…
oder hier eine Aussage von Tamerlane vom 12.09.06:
"Tamerlane has reviewed the contents of the draft Terms of Reference posted on the public registry, September 7, 2006. Having completed our review, Tamerlane is very concerned about the excessive number of items (over 300) and extreme level of detail the draft Terms of Reference require for Tamerlane’s small-scale, short-term project."
http://www.mveirb.nt.ca/upload/project_document/1158166088_E…
Es scheint doch noch ein sehr weiter Weg bis zur Erteilung (oder Nichterteilung) der Permits zu sein. Geht man indes von halbwegs stabilen Zink- und Blei-Preisen sowie einer Genehmigung der Mine aus, erscheint die Aktie äußerst vielversprechend.
Antwort auf Beitrag Nr.: 28.462.872 von medimmune am 23.03.07 21:30:04Der offizielle Zeitplan für die Behördengenehmigungen reicht ja ohnehin bis Mitte Dezember 2007 lt. deinem Link.
Ich sehe keine unüberwindbaren Hindernisse oder ewige Verzögerungen.
Als Beispiel haben z.B. Tennant Creek in Australien auch lange mit den Natives verhandelt. Während und kurz nach diesen Verhandlungen hat die Aktie volle 200 % gemacht.
Ich bin damals leider viel zu früh raus.(übrigens auch eine
Zink-Aktie !!).
Ich gehe durchaus von Produktionsbeginn Mitte 2008 aus.
Die Frage ist höchstens, ab wann welche Menge produziert wird.
Ich sehe keine unüberwindbaren Hindernisse oder ewige Verzögerungen.
Als Beispiel haben z.B. Tennant Creek in Australien auch lange mit den Natives verhandelt. Während und kurz nach diesen Verhandlungen hat die Aktie volle 200 % gemacht.
Ich bin damals leider viel zu früh raus.(übrigens auch eine
Zink-Aktie !!).
Ich gehe durchaus von Produktionsbeginn Mitte 2008 aus.
Die Frage ist höchstens, ab wann welche Menge produziert wird.
Hallo MFC500,
sehr gutes Research! Ich wünschte du und viele andere hätten schon früher den Prozess mitverfolgen können. So ist es tatsächlich schwer sich in TAM einzuarbeiten und die Vergangenheit muss etwas aufgerollt werden.
Ich kenne alle Artikel oben und habe für mich nach den Eindrücken die ich bei Stockhouse.com gewonnen meine Einschäzung zu den Entwicklungen getroffen.
Man hat sich mit Fort Resolution im ersten Anlauf nicht einigen können. Laut Stockhouse läuft momentan die zweite Runde. Der Artikel oben ist auch imm lokalen N.paper "Hay River Hub" erschienen allerdings ausführlicher mit Comment von Tamerlane, dass man nach wie vor sehr optimistisch sei sich einigen zu können. Die Kommentare aus F.Resolution klingen tatsächlich etwas beleidigt. Man dürfte jedoch relativ schnell in Konflikt zu Hay River geraten. Dort stehen die Offiziellen und das Business stark hinter dem Projekt (Hay River ist etwa 7mal so gross wie das kleine F. Resolution). Der Bürgermeister von Hay River hat beim MVEIRB bereits in einem ziemlich persönlichen Brief an den Chief die Anforderungen des Defiency Statements kritisiert
http://www.mveirb.nt.ca/upload/project_document/1171300170_l…
Bei Stockhouse scheinen einige Kanadier schon bei solchen Behörden gearbeitet zu haben und kennen die Abläufe. Der Tenor dort war: Es ist alles nicht so heiss wie es gekocht wird. Ein deficiency statement in solch einem Prozess völlig normal, die Anforderungen gängig und zu bewältigen. Dass der Junior sich darüber beklagt und versucht die Anforderungen zu verringern um den Prozess schlanker zu machen soll ebenfalls normal zu sein. TAM ist mit der Antwort auf das d.statement nach wie vor im Zeitplan.
Die Behörde wiederum betrachtet eine Genehmigung für das R-190 Deposit bereits wie eine Entscheidung über Pine Point insgesamt und will jetzt alles auf dem Tisch haben. Obwohl R-190 nur eines von 34 bzw. möglichen 45 Deposits ist hat es tatsächlich bereits die Größe wie bei anderen Minenunternehmen eine gesamte Mine für sich.
Ich weiss dass es schwer abzuschätzen ist ob und wann der Permit kommt. Hierin liegt bei TAM das Risiko. Dafür spricht allerdings die große Unterstützung aus Hay River, die sauberen Hinterlassenschfaten der ehemaligen Mine und die Freeze Ring Technologie mit der das Abpumpen des Grundwassers vermieden wird.
sehr gutes Research! Ich wünschte du und viele andere hätten schon früher den Prozess mitverfolgen können. So ist es tatsächlich schwer sich in TAM einzuarbeiten und die Vergangenheit muss etwas aufgerollt werden.
Ich kenne alle Artikel oben und habe für mich nach den Eindrücken die ich bei Stockhouse.com gewonnen meine Einschäzung zu den Entwicklungen getroffen.
Man hat sich mit Fort Resolution im ersten Anlauf nicht einigen können. Laut Stockhouse läuft momentan die zweite Runde. Der Artikel oben ist auch imm lokalen N.paper "Hay River Hub" erschienen allerdings ausführlicher mit Comment von Tamerlane, dass man nach wie vor sehr optimistisch sei sich einigen zu können. Die Kommentare aus F.Resolution klingen tatsächlich etwas beleidigt. Man dürfte jedoch relativ schnell in Konflikt zu Hay River geraten. Dort stehen die Offiziellen und das Business stark hinter dem Projekt (Hay River ist etwa 7mal so gross wie das kleine F. Resolution). Der Bürgermeister von Hay River hat beim MVEIRB bereits in einem ziemlich persönlichen Brief an den Chief die Anforderungen des Defiency Statements kritisiert
http://www.mveirb.nt.ca/upload/project_document/1171300170_l…
Bei Stockhouse scheinen einige Kanadier schon bei solchen Behörden gearbeitet zu haben und kennen die Abläufe. Der Tenor dort war: Es ist alles nicht so heiss wie es gekocht wird. Ein deficiency statement in solch einem Prozess völlig normal, die Anforderungen gängig und zu bewältigen. Dass der Junior sich darüber beklagt und versucht die Anforderungen zu verringern um den Prozess schlanker zu machen soll ebenfalls normal zu sein. TAM ist mit der Antwort auf das d.statement nach wie vor im Zeitplan.
Die Behörde wiederum betrachtet eine Genehmigung für das R-190 Deposit bereits wie eine Entscheidung über Pine Point insgesamt und will jetzt alles auf dem Tisch haben. Obwohl R-190 nur eines von 34 bzw. möglichen 45 Deposits ist hat es tatsächlich bereits die Größe wie bei anderen Minenunternehmen eine gesamte Mine für sich.
Ich weiss dass es schwer abzuschätzen ist ob und wann der Permit kommt. Hierin liegt bei TAM das Risiko. Dafür spricht allerdings die große Unterstützung aus Hay River, die sauberen Hinterlassenschfaten der ehemaligen Mine und die Freeze Ring Technologie mit der das Abpumpen des Grundwassers vermieden wird.
Ein kleiner Nachtrag:
Nachdem der Artikel im "Hay River Hub" bei Stockhouse verlinkt wurde haben einige Anleger dort Artikel gepostet, die zeigen wie verzweifelt man in Fort Resolution versucht neue Jobs zu schaffen. Es ging um das Energieprojekt Talstom Dam auf das man in der Region hoffte unterlegt mit Aussagen des Bürgermeisters. Ich glaube der Artikel war 1,5 Jahre alt.
Nachdem der Artikel im "Hay River Hub" bei Stockhouse verlinkt wurde haben einige Anleger dort Artikel gepostet, die zeigen wie verzweifelt man in Fort Resolution versucht neue Jobs zu schaffen. Es ging um das Energieprojekt Talstom Dam auf das man in der Region hoffte unterlegt mit Aussagen des Bürgermeisters. Ich glaube der Artikel war 1,5 Jahre alt.
Antwort auf Beitrag Nr.: 28.490.244 von medimmune am 25.03.07 19:39:11Very fine and logical posting (as always) !
Hals und Beinbruch :-)
löparn
Hals und Beinbruch :-)
löparn
Lopärn,
I hope it's just hokum and not a permitting question whether they get a deal with F.Nations. I have not enough experience with metal juniors to judge it. What makes we wonder is that the guys in F. Resolution should get in huge conflict with Hay River if they try to oppose this project. I often asked myself: What could they demand from TAM? A small portion of the cash flow? That would have to be considered as criminal (by auhorities and in Hay River) They won't get it.
Regards to Sweden
I hope it's just hokum and not a permitting question whether they get a deal with F.Nations. I have not enough experience with metal juniors to judge it. What makes we wonder is that the guys in F. Resolution should get in huge conflict with Hay River if they try to oppose this project. I often asked myself: What could they demand from TAM? A small portion of the cash flow? That would have to be considered as criminal (by auhorities and in Hay River) They won't get it.
Regards to Sweden
Antwort auf Beitrag Nr.: 28.491.331 von medimmune am 25.03.07 21:36:55Since it is said by a knowledgeble source that...
"Consulting with the First Nations is part of the requirements, but an agreement is not needed (but will surely help the local politics and attitudes, and that's why it's important to gain agreement)"
...there do not seem to be a big problem here, but which nevertheless should be handled with care to make everebody (`s face) happy.
The situation stinks a little bit (hypocrisy) though, and reminding of black mail in some sence.
If that not beeing the case, TAM could let the feasibility study out without concerns and promote the stock just now and "we" would get a more justified valuation (as long as TAM is acting within the (not wild) western law :-)
IF it is a real problem then go to the police, or pay FN AFTER the stock has been fully promoted and TAM so valuble that new PP:s at a HIGH stock price could cover the "free passage" dirty money with "cheap inflated stock money" :-)
"Consulting with the First Nations is part of the requirements, but an agreement is not needed (but will surely help the local politics and attitudes, and that's why it's important to gain agreement)"
...there do not seem to be a big problem here, but which nevertheless should be handled with care to make everebody (`s face) happy.
The situation stinks a little bit (hypocrisy) though, and reminding of black mail in some sence.
If that not beeing the case, TAM could let the feasibility study out without concerns and promote the stock just now and "we" would get a more justified valuation (as long as TAM is acting within the (not wild) western law :-)
IF it is a real problem then go to the police, or pay FN AFTER the stock has been fully promoted and TAM so valuble that new PP:s at a HIGH stock price could cover the "free passage" dirty money with "cheap inflated stock money" :-)
Antwort auf Beitrag Nr.: 28.490.244 von medimmune am 25.03.07 19:39:11Was das Verfolgen des Prozesses anbelangt kann ich dir versichern, daß ich zwar erst durch diesen Thread auf die Aktie aufmerksam geworden bin, aber meine Recherchen sehr intensiv waren und die letzten 2,5 Jahre abdecken. Die von mir geposteten Links stellen selbstverständlich nur einen geringen Teil des verfügbaren Materials dar, spiegeln aber m.E. die relevanten Dinge ausreichend wider.
Was die Beiträge in Stockhouse anbelangt, würde ich darauf nicht allzuviel geben, da es sich auch nur um persönliche Einschätzungen/Meinungen einzelner User handelt. Es gibt gute (rein ökonomische) Gründe, den Minenbetrieb zu genehmigen, aber wie man sieht sind noch viele Fragen offen (die meisten sicher "Standard" und leicht zu erledigen) und es besteht erheblicher Klärungsbedarf. Dessen sollte man sich bewußt sein, wenn man hier zum jetzigen Zeitpunkt investieren möchte. Das aufzuzeigen war meine Absicht, nicht mehr und nicht weniger.
Und daß TAM "sehr optimistisch" sei, sich mit den Natives einigen zu können, ist eine ganz banale und übliche Äußerung in so einem Kontext und stellt m.E. keinerlei Erfolgsgarantie dar.
Was die Beiträge in Stockhouse anbelangt, würde ich darauf nicht allzuviel geben, da es sich auch nur um persönliche Einschätzungen/Meinungen einzelner User handelt. Es gibt gute (rein ökonomische) Gründe, den Minenbetrieb zu genehmigen, aber wie man sieht sind noch viele Fragen offen (die meisten sicher "Standard" und leicht zu erledigen) und es besteht erheblicher Klärungsbedarf. Dessen sollte man sich bewußt sein, wenn man hier zum jetzigen Zeitpunkt investieren möchte. Das aufzuzeigen war meine Absicht, nicht mehr und nicht weniger.
Und daß TAM "sehr optimistisch" sei, sich mit den Natives einigen zu können, ist eine ganz banale und übliche Äußerung in so einem Kontext und stellt m.E. keinerlei Erfolgsgarantie dar.
Hallo MFC500,
ich wollte nicht den Eindruck zu erwecken als wäre deine Analyse nicht vollkommen gewesen. Ich wusste nicht, dass du 2,5 Jahre zurückgegangen bist. Vielleicht war sie sogar weitreichender als meine. In jedem Fall finde ich intensives Research sehr gut bevor man investiert. Ich war glaube ich etwas beeinflusst von meinem Eindruck, dass es bei w.o. oft anders ist.
Ich beziehe mich deshalb auf Stockhouse weil im Forum zu TAM Informationen ausgetauscht und Analysen angestellt wurden die sich von der Oberflächlichkeit anderer Boards unterschieden. Das betrifft eine ganze Reihe von Usern. Dazu gehört intensiver Kontakt zum Unternehmen, gute Cash-Flow Analysen, der Versuch den Genehmigungsprozess richtig zu deuten, Informationssammlung zur Technologie u.a., oft mit Verlinkungen belegt.
Du hast Recht, dass noch großer Klärungsbedarf besteht und man sich des Riskos bewusst sein muss. Ich hoffe für alle Aktionäre, dass TAM mit dem Developers Assessment Report die Fragen der Behörden zufriedenstellend beantworten kann.
Bis Morgen und eine gute Nacht
ich wollte nicht den Eindruck zu erwecken als wäre deine Analyse nicht vollkommen gewesen. Ich wusste nicht, dass du 2,5 Jahre zurückgegangen bist. Vielleicht war sie sogar weitreichender als meine. In jedem Fall finde ich intensives Research sehr gut bevor man investiert. Ich war glaube ich etwas beeinflusst von meinem Eindruck, dass es bei w.o. oft anders ist.
Ich beziehe mich deshalb auf Stockhouse weil im Forum zu TAM Informationen ausgetauscht und Analysen angestellt wurden die sich von der Oberflächlichkeit anderer Boards unterschieden. Das betrifft eine ganze Reihe von Usern. Dazu gehört intensiver Kontakt zum Unternehmen, gute Cash-Flow Analysen, der Versuch den Genehmigungsprozess richtig zu deuten, Informationssammlung zur Technologie u.a., oft mit Verlinkungen belegt.
Du hast Recht, dass noch großer Klärungsbedarf besteht und man sich des Riskos bewusst sein muss. Ich hoffe für alle Aktionäre, dass TAM mit dem Developers Assessment Report die Fragen der Behörden zufriedenstellend beantworten kann.
Bis Morgen und eine gute Nacht
Die PP seller war heute wieder da und hat das gestiegene Interesse abgefangen. Schluss unverändert bei 0,57. Soweit ich es gesehen habe wanderten min. 130T Aktien von Anonymous in andere Hände. Als großer net buyer trat zum ersten mal E-Trade auf. Wenn der Widerstand der PPs gebrochen ist und die Aktien absorbiert sind wird der Weg für die Aktie frei sein. Zu sehen in den letzten Monaten immer dann wenn die PPs Interesse und Kurssteigerungen spät bemerken und im Ask einige Stunden kaum Aktien stehen (bevor sie zurückkommen).
Tamerlane Options Los Pinos Copper Deposit in Peru
BLAINE, WASHINGTON, Mar 28, 2007 (CCNMatthews via COMTEX News Network) --
Tamerlane Ventures Inc. (TSX VENTURE:TAM) is pleased to announce that the Company has optioned the Los Pinos copper deposit, which is located in the Coastal Cordillera of southern Peru. The concessions comprise: Los Pinos No. 1 (area of 600 hectares), Los Pinos No. 6 (area of 90 hectares) and El Pino (area of 100 hectares).
Tamerlane will pay the vendors a total of US$1,000,000 in staged payments as follows: US$300,000 on signature; US$250,000 six months after signature; US$250,000 twelve months after signature and US$200,000 eighteen months after signature. A finder's fee of US$50,000 and 50,000 shares of Tamerlane will be paid.
The Los Pinos deposit is an oxide copper deposit developed on a porphyry system. The deposit consists of three mineralized zones: oxide, mixed oxide/sulphide, and sulphide. The deposit has the potential for open pit mining, heap leaching followed by solvent extraction/electrowinning (SX/EW) to recover the copper. Metallurgical testing has shown that the deposit is amenable to run-of-mine heap leaching (ref: Pincock, Allen & Holt, 1994, Evaluation of Los Pinos Project). The deposit geologically is similar to Cerro Verde in Peru and in size similar to Carlota in Arizona.
In 1994, Pincock, Allen & Holt (PAH) carried out an evaluation of the Los Pinos Project for Asarco Inc. PAH's report summarized the resource modeling methodology, resource estimate, mine plans, and mineable reserves. Capital and operating costs were reviewed and mine plans were generated. PAH provided data for ASARCO Inc. to incorporate into a prefeasibility-level evaluation of the project. The historical resource estimated by PAH in 1994 was 63,191,000 tonnes with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. A mine plan and production schedule demonstrated mining 3.6 million tonnes per year for 10 years at an average grade of 0.40% copper with a strip ratio of 1 to 1 producing approximately 25 million pounds of cathode copper per year. The copper price used in the 1994 study was US$0.90 per pound compared to US$3.00 per pound at present. The PAH feasibility data is outdated and should not be relied on.
Significant opportunity exists to verify and expand the historical resource with more drilling and refinement of the mine plan. The historical resource reported by PAH has not been verified by an NI 43-101 Qualified Person and should not be relied on. Tamerlane plans to carry out a US$1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for within the next 90 days. The results will provide input for an NI 43-101 compliant Technical Report and the basis for an updated feasibility study.
The technical content of this press release has been reviewed by Mr. Ross Burns, P.Geo., LG, President & CEO of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
Ross Burns, President & CEO, said: "We are pleased that we have acquired this exciting oxide copper porphyry deposit. Our objective is to develop Tamerlane into a significant base metal producer. The copper project adds to our zinc-lead assets. The Pine Point project in the Northwest Territories is progressing on schedule. An NI 43-101 compliant reserve and resource estimate, and the results of the feasibility study are expected to be released in the near future. We anticipate that we will commence mining on the R-190 deposit at the Pine Point zinc-lead deposit in 2008 subject to positive feasibility results and debt financing the project."
Ross F. Burns, President & CEO
BLAINE, WASHINGTON, Mar 28, 2007 (CCNMatthews via COMTEX News Network) --
Tamerlane Ventures Inc. (TSX VENTURE:TAM) is pleased to announce that the Company has optioned the Los Pinos copper deposit, which is located in the Coastal Cordillera of southern Peru. The concessions comprise: Los Pinos No. 1 (area of 600 hectares), Los Pinos No. 6 (area of 90 hectares) and El Pino (area of 100 hectares).
Tamerlane will pay the vendors a total of US$1,000,000 in staged payments as follows: US$300,000 on signature; US$250,000 six months after signature; US$250,000 twelve months after signature and US$200,000 eighteen months after signature. A finder's fee of US$50,000 and 50,000 shares of Tamerlane will be paid.
The Los Pinos deposit is an oxide copper deposit developed on a porphyry system. The deposit consists of three mineralized zones: oxide, mixed oxide/sulphide, and sulphide. The deposit has the potential for open pit mining, heap leaching followed by solvent extraction/electrowinning (SX/EW) to recover the copper. Metallurgical testing has shown that the deposit is amenable to run-of-mine heap leaching (ref: Pincock, Allen & Holt, 1994, Evaluation of Los Pinos Project). The deposit geologically is similar to Cerro Verde in Peru and in size similar to Carlota in Arizona.
In 1994, Pincock, Allen & Holt (PAH) carried out an evaluation of the Los Pinos Project for Asarco Inc. PAH's report summarized the resource modeling methodology, resource estimate, mine plans, and mineable reserves. Capital and operating costs were reviewed and mine plans were generated. PAH provided data for ASARCO Inc. to incorporate into a prefeasibility-level evaluation of the project. The historical resource estimated by PAH in 1994 was 63,191,000 tonnes with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. A mine plan and production schedule demonstrated mining 3.6 million tonnes per year for 10 years at an average grade of 0.40% copper with a strip ratio of 1 to 1 producing approximately 25 million pounds of cathode copper per year. The copper price used in the 1994 study was US$0.90 per pound compared to US$3.00 per pound at present. The PAH feasibility data is outdated and should not be relied on.
Significant opportunity exists to verify and expand the historical resource with more drilling and refinement of the mine plan. The historical resource reported by PAH has not been verified by an NI 43-101 Qualified Person and should not be relied on. Tamerlane plans to carry out a US$1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for within the next 90 days. The results will provide input for an NI 43-101 compliant Technical Report and the basis for an updated feasibility study.
The technical content of this press release has been reviewed by Mr. Ross Burns, P.Geo., LG, President & CEO of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
Ross Burns, President & CEO, said: "We are pleased that we have acquired this exciting oxide copper porphyry deposit. Our objective is to develop Tamerlane into a significant base metal producer. The copper project adds to our zinc-lead assets. The Pine Point project in the Northwest Territories is progressing on schedule. An NI 43-101 compliant reserve and resource estimate, and the results of the feasibility study are expected to be released in the near future. We anticipate that we will commence mining on the R-190 deposit at the Pine Point zinc-lead deposit in 2008 subject to positive feasibility results and debt financing the project."
Ross F. Burns, President & CEO
Ohne spontan ein Urteil über das Copper Projekt abgeben zu können finde ich diesen Schritt sehr positiv weil er TAM's Portfolio diversifiziert und damit Aktionären auch im Falle eines Scheiterns von Pine Point mehr Sicherheit gibt.
Die Bestätigung dass die 43-101 Ressourcenschätzung und die Feasibility Study bald kommen macht mich für die Kursentwicklung in naher Zukunft optimistisch.
Die Bestätigung dass die 43-101 Ressourcenschätzung und die Feasibility Study bald kommen macht mich für die Kursentwicklung in naher Zukunft optimistisch.
Antwort auf Beitrag Nr.: 28.552.826 von medimmune am 28.03.07 22:47:08Die Bestätigung dass die 43-101 Ressourcenschätzung und die Feasibility Study bald kommen macht mich für die Kursentwicklung in naher Zukunft optimistisch.
Nix dagegen Bin Deiner netten Einladung im SXL-Thread gefolgt und hab mir eine Anfangsposition gekauft.
Hast Du die Verkäufe der PP seller mal aufaddiert und kannst ungefähr abschätzen, wieviel die noch zu geben haben? Bei Slam ging es vor ein paar Wochen auch recht schnell nach oben, nachdem die ihr Pulver verschossen hatten.
Nix dagegen
Bin Deiner netten Einladung im SXL-Thread gefolgt und hab mir eine Anfangsposition gekauft.Hast Du die Verkäufe der PP seller mal aufaddiert und kannst ungefähr abschätzen, wieviel die noch zu geben haben? Bei Slam ging es vor ein paar Wochen auch recht schnell nach oben, nachdem die ihr Pulver verschossen hatten.
Nein, eine Addition seit August 06 gibt es glaube ich nicht, nur die die des Gesamthandelsvolumens an der TSX. C.dreaming hatte im Stockhouse-Board vor einiger Zeit mal eine Zahl reingestellt, basierend auf den Adressen der Verkäufer. Ich bin noch nicht mal sicher ob nicht schon einige Warrants ausgeübt wurden denn eigentlich müssten die 14,2 Mio. Aktien der PPs bereits komplett am Markt verkauft worden sein. Vielleicht werden die Reste aber auch derzeit abgestossen.
Zu der Meldung von gestern muss man noch sagen, dass nun offiziell bestätigt ist, eine Dilution über 41 Mio. Aktien hinaus vermeiden zu wollen. Die Mine soll mit Fremdkapital finanziert werden. Selbst wenn man es schaffen sollte unter 50 Mio Aktien zu bleiben wäre dies für die Aktionäre ein großer Gewinn. Vielleicht der wichtigste Satz in der ganzen Meldung.
Zu der Meldung von gestern muss man noch sagen, dass nun offiziell bestätigt ist, eine Dilution über 41 Mio. Aktien hinaus vermeiden zu wollen. Die Mine soll mit Fremdkapital finanziert werden. Selbst wenn man es schaffen sollte unter 50 Mio Aktien zu bleiben wäre dies für die Aktionäre ein großer Gewinn. Vielleicht der wichtigste Satz in der ganzen Meldung.
Antwort auf Beitrag Nr.: 28.555.269 von medimmune am 29.03.07 09:24:58wo siehst du eine offizielle Bestätigung, daß eine Dilution vermieden werden soll? Der CEO sprach nur allgemein von einer Fremdfinanzierung des R-190 deposit. Ganz davon abgesehen verlasse ich mich schon lange nicht mehr auf selbst wirklich explizite Äußerungen wie "keine weitere Kapitalerhöhung mehr nötig, Projekt ist durchfinanziert". Die Halbwertzeit derartiger Versprechungen/Ankündigungen ist doch eher gering. Viel gespannter bin ich auf NI 43-101 report und feasibility study, die ja bald kommen sollen. Immerhin scheint Burns in puncto Minengenehmigung sehr optimistisch zu sein, da er sie als Voraussetzung für den Produktionsbeginn des R-190 deposit schon gar nicht mehr erwähnt
"Wo siehst du eine offizielle Bestätigung, daß eine Dilution vermieden werden soll? Der CEO sprach nur allgemein von einer Fremdfinanzierung des R-190 deposit."
Offiziell bestätigt ist die Absicht. Deshalb habe ich ja auch geschrieben: offiziell betätigt, dass man will (oder auch beabsichtigt)
R-190 wird bei Genehmigung ca. 130 Mio Cash Flow generieren. Die Erlöse werden alle weiteren Investionen in eine vollwertige Mine mehr als abdecken können.
"Ganz davon abgesehen verlasse ich mich schon lange nicht mehr auf selbst wirklich explizite Äußerungen wie keine weitere Kapitalerhöhung mehr nötig, Projekt ist durchfinanziert".
Ich mich auch nicht. Ob es so kommen wird wissen wir nicht. Deshalb habe ich ja auch geschrieben: Es wäre für die Aktionäre ein großer Gewinn sollten wir unter 50 Mio Aktien bleiben.
Offiziell bestätigt ist die Absicht. Deshalb habe ich ja auch geschrieben: offiziell betätigt, dass man will (oder auch beabsichtigt)
R-190 wird bei Genehmigung ca. 130 Mio Cash Flow generieren. Die Erlöse werden alle weiteren Investionen in eine vollwertige Mine mehr als abdecken können.
"Ganz davon abgesehen verlasse ich mich schon lange nicht mehr auf selbst wirklich explizite Äußerungen wie keine weitere Kapitalerhöhung mehr nötig, Projekt ist durchfinanziert".
Ich mich auch nicht. Ob es so kommen wird wissen wir nicht. Deshalb habe ich ja auch geschrieben: Es wäre für die Aktionäre ein großer Gewinn sollten wir unter 50 Mio Aktien bleiben.
Congratualation all intelligent TAM share holders, who have been patient with the ignorant Mr Market 
TAM + 20 % just now at CAD 0.66 is a good start for the revaluation of this misunderstood stock !
TAM + 20 % just now at CAD 0.66 is a good start for the revaluation of this misunderstood stock !
Antwort auf Beitrag Nr.: 28.566.984 von loparn am 29.03.07 17:58:54Obwohl ich den PP-Verkäufen skeptisch gegenüberstehe, habe ich heute eine kleine Position gekauft und plane aufzustocken. Tamerlane macht einen guten Eindruck und genügend Sitzfleisch, wenn nötig, habe ich schon bei Bravo bewiesen. Also auf gute und langsam steigende Kurse
Auf diesen Tag haben viele TAM-Aktionäre lange gewartet. Ich hoffe die Aktie kann sich auf wesentlich höherem Niveau festsetzen. Es sind wieder viele PP Aktien über den Tisch gegangen. Das Tagesvolumen von 3 Mio Aktien hat gereicht um die Mauer zu durchbrechen. Auf mittel- und langfristig steigende Kurse und eine gute F-Study.
Antwort auf Beitrag Nr.: 28.575.279 von medimmune am 29.03.07 23:06:34Auf diesen Tag haben viele TAM-Aktionäre lange gewartet.
25% in 48 Stunden ist bislang kein schlechter Schnitt
Danke für den guten Tipp und die gute Recherchearbeit hier im Thread!
25% in 48 Stunden ist bislang kein schlechter Schnitt
Danke für den guten Tipp und die gute Recherchearbeit hier im Thread!
Antwort auf Beitrag Nr.: 28.575.279 von medimmune am 29.03.07 23:06:34TAM macht richtig Spaß !
Ich bin jetzt schon dick im Gewinn.
Nochmal danke an dich.
Mut wird eben doch belohnt.
Ich sehe hier Ähnlichkeiten zu Crowflight minerals, die ihre Nickelmine auch mit Kredit finanzieren, was sich auch sehr positiv auf den Kurs ausgewirkt hat.
In Can sehe ich hohe Umsätze mit CIBC als Paketekäufer.
Ist dazu näheres bekannt ?
Ich bin jetzt schon dick im Gewinn.
Nochmal danke an dich.
Mut wird eben doch belohnt.
Ich sehe hier Ähnlichkeiten zu Crowflight minerals, die ihre Nickelmine auch mit Kredit finanzieren, was sich auch sehr positiv auf den Kurs ausgewirkt hat.
In Can sehe ich hohe Umsätze mit CIBC als Paketekäufer.
Ist dazu näheres bekannt ?
Nachdem ich diesen Thread schon einige Tage verfolge,habe ich jetzt auch in Canada geordert.Zu den üblichen Gebühren habe
ich 33% Provision bezahlt.Das erscheint mir sehr viel oder ist das normal? Wo kann ich günstiger ordern?
ich 33% Provision bezahlt.Das erscheint mir sehr viel oder ist das normal? Wo kann ich günstiger ordern?
Antwort auf Beitrag Nr.: 28.607.351 von Bergadler am 01.04.07 15:18:07Das ist SEHR teuer, wenn es keine kleine Order ist. Zum Vergleich: Bei der Nordnet beispielsweise kostete eine Gesamtorder von 6k CAD 35 CAD.
Das hört sich nach hohen Gebühren an. Bei den großen Direktbanken Comdirect, Cortalconsors etc. kostet eine Order nach Kanada 50 Euro. Nur bei sehr hohen Volumina wird es wohl mehr. Alternativ bietet sich der Handel über NY an zu 25 Euro. Der Market Maker dort gibt die Order auch direkt an die Heimatbörse Toronto.
Zu CIBC gibt es nichts Genaues. Eine der größten kanadischen Banken über die wohl auch viele europäische Broker gehen. Die Schweden reklamieren jedenfalls immer für sich über CIBC zu kaufen.
Zu CIBC gibt es nichts Genaues. Eine der größten kanadischen Banken über die wohl auch viele europäische Broker gehen. Die Schweden reklamieren jedenfalls immer für sich über CIBC zu kaufen.
Danke für die Informationen.
Antwort auf Beitrag Nr.: 28.620.970 von Bergadler am 02.04.07 13:05:16Noch eine Nebenbemerkung: Bei der Comdirect konnte ich Tamerlane nicht bei der TSX-V direkt ordern, selbst auf telefonische Nachfrage hin nicht (und es lag nicht an meinem Risikoprofil )
)
Antwort auf Beitrag Nr.: 28.621.076 von PSchwammerl am 02.04.07 13:13:00das ist seltsam, da es bei mir gegangen ist, natürlich nur telefonisch
Antwort auf Beitrag Nr.: 28.621.076 von PSchwammerl am 02.04.07 13:13:00Ich habe meine auch tel. über die Comdirect bekommen.
Ist denn bekannt, ob und wann die Zulassung in D kommt ?
Ist denn bekannt, ob und wann die Zulassung in D kommt ?
Bin ich versnobt oder ist es albern, sich bei einem potenziellen Tenbagger wegen ein paar CAD Gedanken zu machen? Ich zahle bei der DB ca. 0,5% und das meiste Geld holen sich die Billigbanken doch wahrscheinlich beim FX-Kurs, oder?
Zitat aus Stockhouse:
All that's happened is that about 700,000 warrants appear to have been exercised. There were 7.2MM (6.5MM now) that expire in Sept/Oct. So this means there is more cash in TAM's treasury. At current prices, all of the warrants will be exercised. I presume some of the recent selling has been from our friendly warrant holders dumping shares.
Wenn er damit Recht hat dürften alle 14,25 Mio. Aktien aus dem letzten Financing inkl. einem Teil der Warrants bereits absorbiert sein. Hergeleitet aus der letzten Angabe über die Anzahl ausstehender Aktien. Das wäre eine sehr gute Nachricht wenn man bedenkt wie groß der Widerstand war und wie lange es gedauert hat.
All that's happened is that about 700,000 warrants appear to have been exercised. There were 7.2MM (6.5MM now) that expire in Sept/Oct. So this means there is more cash in TAM's treasury. At current prices, all of the warrants will be exercised. I presume some of the recent selling has been from our friendly warrant holders dumping shares.
Wenn er damit Recht hat dürften alle 14,25 Mio. Aktien aus dem letzten Financing inkl. einem Teil der Warrants bereits absorbiert sein. Hergeleitet aus der letzten Angabe über die Anzahl ausstehender Aktien. Das wäre eine sehr gute Nachricht wenn man bedenkt wie groß der Widerstand war und wie lange es gedauert hat.
Hallo Experten. Ich bin was die Tamerlane angeht noch recht neu und möchte gerne einige Eindrücke schildern und vielleicht ein paar Fragen an Euch loswerden.
Sieht man sich den In-Ground Value an ist die Company unschlagbar günstig. Soviel ist unbestritten. Ich möchte ein paar Gründe/Anregungen dafür anführen:
1. Das noch nicht vorhandene Permit. Je nachdem wie der Markt das einschätzt, kann einen sowas einen Riesendiscount kosten. Siehe NXG z.B.
2. Ich sehe gern zurück in frühere News und Präsentationen um die Glaubwürdigkeit des Managements einschätzen zu können. Dabei fällt auf, daß in den Powerpoint Slides die Feasibility für 2006 angekündigt war. Darüberhinaus ist in der technischen Präsentation auffällig, daß man wohl schon Anfang 2007 mit Beginn einiger Arbeiten plante, um in 2008 produzieren zu können. Dies scheint so auf schwer machbar so, daß sich mir (zusammen mit dem optimistischen Tenor des bekannten Managements (CMM)) die Frage stellt, ob man nicht eher 2009 mit Produktion rechnen kann?
3. Der NI-43-101. In der nächsten Zeit lese ich nicht als morgen sondern in den kommenden Monaten. Man kennt seine Juniors ja. Oder gibts hier genaueres?
4. Über das Management und deren Stil muss ich nach CMM wohl wenig sagen.
Insgesamt sieht Tamerlane nach einer echt günstigen Gelegenheit aus. Ich habe mir auch ein paar erste Stücke geschnappt. Andererseits denke ich, daß man hier noch die eine oder andere Enttäuschung erleben könnte, wenn ich mir ansehe wie euphorisch da auf dem BB gepostet wird.
Zu 1. (Permit) kann ich wenig hinzufügen und habe sehr begrüßt was andere User hier bei W
an recherche geleistet und verlinkt haben.
2 und 3 sind ernstgemeinte ehrliche Fragen.
Sieht man sich den In-Ground Value an ist die Company unschlagbar günstig. Soviel ist unbestritten. Ich möchte ein paar Gründe/Anregungen dafür anführen:
1. Das noch nicht vorhandene Permit. Je nachdem wie der Markt das einschätzt, kann einen sowas einen Riesendiscount kosten. Siehe NXG z.B.
2. Ich sehe gern zurück in frühere News und Präsentationen um die Glaubwürdigkeit des Managements einschätzen zu können. Dabei fällt auf, daß in den Powerpoint Slides die Feasibility für 2006 angekündigt war. Darüberhinaus ist in der technischen Präsentation auffällig, daß man wohl schon Anfang 2007 mit Beginn einiger Arbeiten plante, um in 2008 produzieren zu können. Dies scheint so auf schwer machbar so, daß sich mir (zusammen mit dem optimistischen Tenor des bekannten Managements (CMM)) die Frage stellt, ob man nicht eher 2009 mit Produktion rechnen kann?
3. Der NI-43-101. In der nächsten Zeit lese ich nicht als morgen sondern in den kommenden Monaten. Man kennt seine Juniors ja. Oder gibts hier genaueres?
4. Über das Management und deren Stil muss ich nach CMM wohl wenig sagen.
Insgesamt sieht Tamerlane nach einer echt günstigen Gelegenheit aus. Ich habe mir auch ein paar erste Stücke geschnappt. Andererseits denke ich, daß man hier noch die eine oder andere Enttäuschung erleben könnte, wenn ich mir ansehe wie euphorisch da auf dem BB gepostet wird.
Zu 1. (Permit) kann ich wenig hinzufügen und habe sehr begrüßt was andere User hier bei W
an recherche geleistet und verlinkt haben.2 und 3 sind ernstgemeinte ehrliche Fragen.
Antwort auf Beitrag Nr.: 28.656.392 von Statistix am 04.04.07 12:40:31zu 2: Aufgrund der Vielzahl noch offener Fragen seitens der Behörden halte ich eine Produktionsaufnahme noch 2008 ebenfalls für eher zweifelhaft
zu 3: Genaueres gibt es nicht. Am 11.08.06 hieß es "The feasibility study for Pine Point is on track." Am 28.03.07, also mehr als sieben Monate danach, hieß es lapidar "the results of the feasibility study are expected to be released in the near future". Das ist vollkommen unbefriedigend, zumal keine Gründe genannt wurden, woran es hängt.
zu 3: Genaueres gibt es nicht. Am 11.08.06 hieß es "The feasibility study for Pine Point is on track." Am 28.03.07, also mehr als sieben Monate danach, hieß es lapidar "the results of the feasibility study are expected to be released in the near future". Das ist vollkommen unbefriedigend, zumal keine Gründe genannt wurden, woran es hängt.
Danke für die Antwort, MFC. Ich fühle mich in den Gründen für die Bewertung also bestätigt. Man wird wohl eine Meeeenge Sitzfleisch mitbringen müssen, bevor das hier alles so kommt wie es soll. Mit der Anfangsposition die ich nun habe, bringe ich das sicher auf.
Für mehr warte ich auf die Bestätigung, daß es hier anders läuft als in anderen Ventures der Damen und Herren Kent und Burns.
Ich versuch' die Tage mal noch mehr rauszufinden worans beim NI-43-101 haken könnte. Finde ich was, sage ich bescheid.
Für mehr warte ich auf die Bestätigung, daß es hier anders läuft als in anderen Ventures der Damen und Herren Kent und Burns.
Ich versuch' die Tage mal noch mehr rauszufinden worans beim NI-43-101 haken könnte. Finde ich was, sage ich bescheid.
Statistix,
der Markt hat TAM bisher nicht anhand eines fehlenden Permits eingeschätzt sondern gar nicht eingeschätzt. Die Aktie war vollkommen unter dem Radar von Privaten und Institutionellen. Promotion hat bisher aus gennanten Gründen nicht stattgefunden. In internationalen Studien über die größten Zink-Vorkommen und kommenden Minen wird Pine Point nicht einmal genannt. Leise aufkommendes Interesse von Retail-Seite in den letzten Monaten wurde problemlos von PP sellern anbgefangen. Ich würde akzeptieren, dass es Marktineffizienzen gibt wie diese gibt. Wäre es das Permit dürften Firmen wie Yukon Zinc oder Canadian Zinc bei deutlich kleineren Vorkommen, schlechten Aussichten bzgl. der Permits nicht ein Vielfaches von TAM kosten. Die Antwort ist viel einfacher als du glaubst.
Wenn du an der Glaubwürdigkeit des Managements zweifelst weil man den ehemals gesteckten Zeitplan verfehlen wird dann verkaufe deine Aktien. Alles andere ist inkonsequent. Ich finde die Verzögerungen nicht ungewöhnlich und sie sind hier z.T. auch von Faktoren bestimmt auf die das Management keinen Einfluss hat. Ob der Zeitplan bei TAM eingehalten werden kann oder nicht liegt schon seit längerem mehr in Behördenhand. Der Produktionsbeginn kann sich deshalb wenn es schlecht läuft natürlich auch bis 2009 oder darüber hinaus verzögern. Er kann auch gar nicht kommen.
TAM wird im Wesentlichen von David Swisher in Kooperation mit De Marco und Burns geführt. Peggy Kent ist auf die Königsklasse fokussiert und würde deshalb nie von ihrem Goldproduzenzen CMM ablassen. Ich kann es dir zwar nicht beweisen aber es scheint, dass sie sich nicht viel mit TAM beschäftigt. Sie ist offiziell auch nicht Teil des Managements und abgesehn vom M.ment könnten die Voraussetzungen von TAM und CMM unterschiedlicher gar nicht sein.
der Markt hat TAM bisher nicht anhand eines fehlenden Permits eingeschätzt sondern gar nicht eingeschätzt. Die Aktie war vollkommen unter dem Radar von Privaten und Institutionellen. Promotion hat bisher aus gennanten Gründen nicht stattgefunden. In internationalen Studien über die größten Zink-Vorkommen und kommenden Minen wird Pine Point nicht einmal genannt. Leise aufkommendes Interesse von Retail-Seite in den letzten Monaten wurde problemlos von PP sellern anbgefangen. Ich würde akzeptieren, dass es Marktineffizienzen gibt wie diese gibt. Wäre es das Permit dürften Firmen wie Yukon Zinc oder Canadian Zinc bei deutlich kleineren Vorkommen, schlechten Aussichten bzgl. der Permits nicht ein Vielfaches von TAM kosten. Die Antwort ist viel einfacher als du glaubst.
Wenn du an der Glaubwürdigkeit des Managements zweifelst weil man den ehemals gesteckten Zeitplan verfehlen wird dann verkaufe deine Aktien. Alles andere ist inkonsequent. Ich finde die Verzögerungen nicht ungewöhnlich und sie sind hier z.T. auch von Faktoren bestimmt auf die das Management keinen Einfluss hat. Ob der Zeitplan bei TAM eingehalten werden kann oder nicht liegt schon seit längerem mehr in Behördenhand. Der Produktionsbeginn kann sich deshalb wenn es schlecht läuft natürlich auch bis 2009 oder darüber hinaus verzögern. Er kann auch gar nicht kommen.
TAM wird im Wesentlichen von David Swisher in Kooperation mit De Marco und Burns geführt. Peggy Kent ist auf die Königsklasse fokussiert und würde deshalb nie von ihrem Goldproduzenzen CMM ablassen. Ich kann es dir zwar nicht beweisen aber es scheint, dass sie sich nicht viel mit TAM beschäftigt. Sie ist offiziell auch nicht Teil des Managements und abgesehn vom M.ment könnten die Voraussetzungen von TAM und CMM unterschiedlicher gar nicht sein.
Antwort auf Beitrag Nr.: 28.661.100 von medimmune am 04.04.07 15:57:48Die Antwort ist viel einfacher als du glaubst.
Und wie lautet sie?
Und wie lautet sie?
Die Antwort ist viel einfacher als du glaubst:
der Markt hat TAM bisher nicht anhand eines fehlenden Permits eingeschätzt sondern gar nicht eingeschätzt. Die Aktie war vollkommen unter dem Radar von Privaten und Institutionellen. Promotion hat bisher aus gennanten Gründen nicht stattgefunden. In internationalen Studien über die größten Zink-Vorkommen und kommenden Minen wird Pine Point nicht einmal genannt. Leise aufkommendes Interesse von Retail-Seite in den letzten Monaten wurde problemlos von PP sellern anbgefangen. Ich würde akzeptieren, dass es Marktineffizienzen gibt wie diese gibt. Wäre es das Permit dürften Firmen wie Yukon Zinc oder Canadian Zinc bei deutlich kleineren Vorkommen, schlechten Aussichten bzgl. der Permits nicht ein Vielfaches von TAM kosten.
der Markt hat TAM bisher nicht anhand eines fehlenden Permits eingeschätzt sondern gar nicht eingeschätzt. Die Aktie war vollkommen unter dem Radar von Privaten und Institutionellen. Promotion hat bisher aus gennanten Gründen nicht stattgefunden. In internationalen Studien über die größten Zink-Vorkommen und kommenden Minen wird Pine Point nicht einmal genannt. Leise aufkommendes Interesse von Retail-Seite in den letzten Monaten wurde problemlos von PP sellern anbgefangen. Ich würde akzeptieren, dass es Marktineffizienzen gibt wie diese gibt. Wäre es das Permit dürften Firmen wie Yukon Zinc oder Canadian Zinc bei deutlich kleineren Vorkommen, schlechten Aussichten bzgl. der Permits nicht ein Vielfaches von TAM kosten.
Danke Medimmune für Deine Einschätzung. Was die Promotion angeht mag ich Dir Recht geben.
An Deinen Rat und die dahinterstehende fragliche Logik kann ich mich indessen nicht halten, da ich bislang nur Geld damit verdient habe, daß ich dem Management von Juniors kaum über den Weg traue, auf ihren Track Record achte und meine kritische Grundhaltung auch bei den besten Assets nicht aufgebe.
Insgesamt denke ich, daß man hier ne Menge Geduld braucht bis hier alle Permits da sind und man loslegen wird. Wenn das allerdings soweit ist, wirds die Firma nicht mehr lange geben... Meiner unbedeutenden Meinung nach nur natürlich.
An Deinen Rat und die dahinterstehende fragliche Logik kann ich mich indessen nicht halten, da ich bislang nur Geld damit verdient habe, daß ich dem Management von Juniors kaum über den Weg traue, auf ihren Track Record achte und meine kritische Grundhaltung auch bei den besten Assets nicht aufgebe.
Insgesamt denke ich, daß man hier ne Menge Geduld braucht bis hier alle Permits da sind und man loslegen wird. Wenn das allerdings soweit ist, wirds die Firma nicht mehr lange geben... Meiner unbedeutenden Meinung nach nur natürlich.
Eine kritische Grundhaltung und der Track Record sind auch wichtig. Meine Bemerkung bezog sich darauf, dass du an der Glaubwürdigkeit des Managements zweifelst. Wie auch immer. Ich sehe P.Kent nicht negativ. Sie ist eben eine schillernde Figur in der Mining Branche. Für die R.O. Mines Konflikte 1989 trifft sie keine Schuld sondern die kanadischen Gewerkschaften. Ich weiss dass sie ihre Ankündigungen bei CMM zeitlich nicht halten konnte aber dafür mag es viele Gründe gegeben haben. Das könnt ihr im CMM Board besser überblicken. Letztlich ist ihr Baby CMM und nicht TAM.
Ich traue mich ja kaum, daß noch hinzuzufügen. Aber an eine Feasibility Study für das neue Projekt (Peru) in 2007 glaube ich niemals. Vielleicht hat man ja bis dahin das Permit und angefangen zu bohren. Da wird schon eine Menge Optimismus auf dem BB versprüht.
Naja mir solls recht sein, denn dann kann man vielliehct nochmal günstiger nachlangen. Was PK angeht... tsja ich mag die Vergangenheit mit Royal nicht bewerten. Ist mir auch eigentlich egal. Soll sie sich mal bei CMM austoben und uns hier alle in Ruhe lassen. Glaubt mir das schont die Nerven!
Naja mir solls recht sein, denn dann kann man vielliehct nochmal günstiger nachlangen. Was PK angeht... tsja ich mag die Vergangenheit mit Royal nicht bewerten. Ist mir auch eigentlich egal. Soll sie sich mal bei CMM austoben und uns hier alle in Ruhe lassen. Glaubt mir das schont die Nerven!
Hallo,
eine Feasibilty dieses Jahr in Peru ist noch zu früh. Woher stammt die Info? Ich finde in den Unternehmensmeldungen keine Absicht in 2007 eine Feasibility anzufertigen.
Wenn ich mir anschaue welche Erfolge kanadische Unternehmen mit einem Listing in Lima (Peru) feiern (z.B. Candente) und dass nun einige nachziehen wollen, die einen Bezug zu Peru haben (siehe Panoro), dann sollten sich TAM und CMM überlegen ob sie dort nicht bald ein Listing beantragen wollen. Beide sind nun in Peru vertreten und die Investoren dort kaufen begeistert heimische Minenunternehmen.
Es werden immer mehr Warrants ausgeübt und trotzdem scheint der Widerstand bis 0,75 Cent nun aufgebrochen. In den letzten 5 Handelstagen wurden alleine 7,8 Mio. Aktien gahandelt. Anonymous ist als großer Käufer aufgetreten (2,5-3 Mio Aktien).
Good Luck
eine Feasibilty dieses Jahr in Peru ist noch zu früh. Woher stammt die Info? Ich finde in den Unternehmensmeldungen keine Absicht in 2007 eine Feasibility anzufertigen.
Wenn ich mir anschaue welche Erfolge kanadische Unternehmen mit einem Listing in Lima (Peru) feiern (z.B. Candente) und dass nun einige nachziehen wollen, die einen Bezug zu Peru haben (siehe Panoro), dann sollten sich TAM und CMM überlegen ob sie dort nicht bald ein Listing beantragen wollen. Beide sind nun in Peru vertreten und die Investoren dort kaufen begeistert heimische Minenunternehmen.
Es werden immer mehr Warrants ausgeübt und trotzdem scheint der Widerstand bis 0,75 Cent nun aufgebrochen. In den letzten 5 Handelstagen wurden alleine 7,8 Mio. Aktien gahandelt. Anonymous ist als großer Käufer aufgetreten (2,5-3 Mio Aktien).
Good Luck
OK, Feasibilty 07 bezog sich auf Kommentare im BB bei Stockhouse. Alles klar.
Der Optimismus ist dort tatsächlich groß aber vielleicht nicht zu Unrecht. TAM muss unabhängig von Feasibilities, Permits etc. zunächst einmal ein annähernd faires Bewertungsniveau erreichen. Obwohl andere Firmen aus dem Zinkumfeld weit schlechtere Voraussetzungen haben, viel kleinere Vorkommen und teilweise seit Jahren vergeblich um Permits kämpfen, genießen sie deutlich höhere Bewertungen. Siehe Yukon Zinc & Canadian Zinc, Selkirk Metals, AIM Resources, Acadian Gold, Metalline Mining, Pacifica Resources usw.
Der Optimismus ist dort tatsächlich groß aber vielleicht nicht zu Unrecht. TAM muss unabhängig von Feasibilities, Permits etc. zunächst einmal ein annähernd faires Bewertungsniveau erreichen. Obwohl andere Firmen aus dem Zinkumfeld weit schlechtere Voraussetzungen haben, viel kleinere Vorkommen und teilweise seit Jahren vergeblich um Permits kämpfen, genießen sie deutlich höhere Bewertungen. Siehe Yukon Zinc & Canadian Zinc, Selkirk Metals, AIM Resources, Acadian Gold, Metalline Mining, Pacifica Resources usw.
The latest version of my TAM analysis :
Tamerlane Ventures – a zinc/lead/copper bargain
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 2-3
This is a calculation of the long term price outlook for Tamerlane ventures, TAM stock if and when the production at the R -190 deposit is planned to start, i e within a couple of years, but also of a 2007 price target, assuming long term zinc and lead prices as of Feb 2 2007, USD 1.40/lb and USD 0.76/lb respectively, around which time the prices hit bottom for 2007 thus far.
The Tamerlane CEO is very experiencied and in fact worked as a geologist at Pine Point when the mine was producing a few decades back. The chairman of the board, with no or little executive responsiblity in Tamerlane, was involved in a mining company in the 1990-s when there was a tragic incident, which may affect her reputation negatively now, maybe not justified though since she was declared having no responsibility, at least according to my Internet googling of the incident. Others had responsibility though including certain authorities. She is though said to be very capable of raising funds for projects like this one. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane will use freezing technology in their pilot project to control ground water. There are examples of freezing rings functioning well. Freezing technology is not what caused the big problems at Cameco´s Cigar Lake project, but one of the messures among others to restore their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value at metal market price would be around USD 10.9 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level.
If you just would like a hint of the long term stock potential of TAM, let us take a look at this example. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % (which is lower than the approximately derived profit margin from the higher grade pilot project R – 190 calculation below ). That would leave TAM potential future nominal profits after tax of around USD 1.09-2.18 billion. The total production time is assumed to be around 30 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be half of that or around USD 363-726 million. The 2007 discounted value at 10 % interest rate, is around USD 203-406 million. At this moment there are only nearly 41 million diluted shares. but let us calculate with a heavy stock dilution for the total financing, to 100 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 2.35-4.70 in 2007 (with USD=1.16 CAD). So the stock potential has to be very high, even if the calculation assumes unchanged metal prices, but on the other hand assumes a very big stock dilution and only considers the roughly calculated discounted value of first 10 years of earnings.
Long term average zinc and lead prices may be significantly lower in the future than in the calcution above which used the Feb 2 levels, and much lower average prices should reduce the discounted value significantly. On the other hand TAM should be able to debt finance at least a great part of the capital needed for the pilot project, thus resulting in far less stock dilution and a much higher discounted value per share. These two factors may in the long run more or less neutralize each other, since they work in opposite directions, and therefore the expected value of the discounted long term stock price could be in the order of the calculated value above.
Now if you examine the case within the more foreseeable future a little more close, the R – 190 pilot project is supposed to produce 0.110 million tons of zink and 0.0555 million tons of lead in just two years according to the news release of May 16 2006 (even if their are indications of a production time shorter than that). The company then would have total revenues of about USD 432 million, corresponding to approximately CAD 250 million average per year, still assuming metal market prices of Feb 2007. The costs are very roughly assumed to be CAD 160 million per year, indicating profits before tax of around CAD 90 million and earnings per share of around CAD 0.6 after assumed 35 % tax and a heavy stock dilution up to 100 million shares. The profit margin after tax then would be around 23 %. If the pilot project takes less time than 2 years, which might be the case, the earnings per share should be correspondingly higher than calculated. Thus the total profit per share due to the pilot project would be around CAD 1.2 or more, achieved in around two years or less (corresponding to an annual earnings per share of around CAD 0.6 or more).
As pointed out before though, TAM could ,at least partly, debt finance the pilot project, thus resulting in much less stock dilution. In this respect my price target is conservative and will probably be increased after the feasibility study is released. TAM could also hedge metal prices (but at a lower price level than the shortest term metal prices) probably even for the whole pilot project. Combining these two measures TAM might even show slightly higher earnings per share at a lower risk, due to the hedging, than in my previous estimate of the pilot project.
A short term stock price target should not discount all of these scenarios now, but a mere fraction of them. I find that CAD 1-1.50 seems a rather realistic fundamentally based stock price in this rather early stage, i e just before the feasibility study becomes official, and before the pilot project R – 190 hopefully will be permitted. After a potentially or most likely fully permitted project probably late this year, my TAM price target should be increased to CAD 2-3 assuming current metal price levels stay intact. CAD 2-3 then would roughly imply a one-two years looking forward p/e ratio of around 3-5 or even less, if you accept the CAD 0.6 or more earnings per share as reasonable (with the earnings per share possibly even higher if there will be less than 100 millions shares with debt financing as discussed before).
Tamerlane has optioned Los Pinos Copper Deposit in Peru. Total payment will be around USD 1 million. It has a historical resource of around 63 million tons with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. TAM plans to carry out a USD 1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for during the second quarter of 2007. The results will provide input for an NI 43-101 compliant technical report and the basis for an updated feasibility study. The possible profit from this project is not calculated with in my analysis now, but it could turn out to be of significant value since the historic feasibility showed plans for producing 25 million pound of copper per year corresponding to revenues of around USD 75 million with copper price at today´s levels around USD 3. Furthermore the copper resource is expandable.
After an assumed successful, feasibility study for the zink & lead pilot project, permitting and the following initial production, there seems to be an extraordinary fine long term potential for TAM, and the stock almost has to be undervalued att levels below CAD 1 now, and should be discovered by more speculators & investors in the stock market in the near future. The permitting issue should not be a very big obstacle but very time due to the economic boost the project would result in. But it is the environmental authorities who actually can permit the project. and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either.
In summary the long term metal prices and the permitting process are most likely the most important risk factors this year, but the metal prices are also a long term potential especially for the pilot project, as long as especially China & India continue their fast economic growth. TAM also could hedge prices thus reducing risk substantially.
Short term we can look forward to a news release, probably during the first quarter of 2007 or somewhat later in april, concerning the feasibility study where the whole pilot project will be thoroughly examined including all the important economical aspects. The feasibility will most likely give a very positive outlook for the project as hinted in my calculations, and should in my opinion cause the TAM stock price to reach a higher level when the stock market sees that there is a real and significant potential for Tamerlane which it not had considered enough. For the TAM stock price to increase even more, let say above the CAD 1.50-2 level, I presume the project has to be fully permitted, my guess is in last quarter of 2007.
Before permitting, TAM is a high risk junior zink and lead mining stock although with an extremely fine long term potential. Thus you could treat TAM now as a strong but speculative buy as an obvious immediate revaluation case with an very fine risk/reward ratio.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
Tamerlane Ventures – a zinc/lead/copper bargain
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 2-3
This is a calculation of the long term price outlook for Tamerlane ventures, TAM stock if and when the production at the R -190 deposit is planned to start, i e within a couple of years, but also of a 2007 price target, assuming long term zinc and lead prices as of Feb 2 2007, USD 1.40/lb and USD 0.76/lb respectively, around which time the prices hit bottom for 2007 thus far.
The Tamerlane CEO is very experiencied and in fact worked as a geologist at Pine Point when the mine was producing a few decades back. The chairman of the board, with no or little executive responsiblity in Tamerlane, was involved in a mining company in the 1990-s when there was a tragic incident, which may affect her reputation negatively now, maybe not justified though since she was declared having no responsibility, at least according to my Internet googling of the incident. Others had responsibility though including certain authorities. She is though said to be very capable of raising funds for projects like this one. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane will use freezing technology in their pilot project to control ground water. There are examples of freezing rings functioning well. Freezing technology is not what caused the big problems at Cameco´s Cigar Lake project, but one of the messures among others to restore their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value at metal market price would be around USD 10.9 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level.
If you just would like a hint of the long term stock potential of TAM, let us take a look at this example. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % (which is lower than the approximately derived profit margin from the higher grade pilot project R – 190 calculation below ). That would leave TAM potential future nominal profits after tax of around USD 1.09-2.18 billion. The total production time is assumed to be around 30 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be half of that or around USD 363-726 million. The 2007 discounted value at 10 % interest rate, is around USD 203-406 million. At this moment there are only nearly 41 million diluted shares. but let us calculate with a heavy stock dilution for the total financing, to 100 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 2.35-4.70 in 2007 (with USD=1.16 CAD). So the stock potential has to be very high, even if the calculation assumes unchanged metal prices, but on the other hand assumes a very big stock dilution and only considers the roughly calculated discounted value of first 10 years of earnings.
Long term average zinc and lead prices may be significantly lower in the future than in the calcution above which used the Feb 2 levels, and much lower average prices should reduce the discounted value significantly. On the other hand TAM should be able to debt finance at least a great part of the capital needed for the pilot project, thus resulting in far less stock dilution and a much higher discounted value per share. These two factors may in the long run more or less neutralize each other, since they work in opposite directions, and therefore the expected value of the discounted long term stock price could be in the order of the calculated value above.
Now if you examine the case within the more foreseeable future a little more close, the R – 190 pilot project is supposed to produce 0.110 million tons of zink and 0.0555 million tons of lead in just two years according to the news release of May 16 2006 (even if their are indications of a production time shorter than that). The company then would have total revenues of about USD 432 million, corresponding to approximately CAD 250 million average per year, still assuming metal market prices of Feb 2007. The costs are very roughly assumed to be CAD 160 million per year, indicating profits before tax of around CAD 90 million and earnings per share of around CAD 0.6 after assumed 35 % tax and a heavy stock dilution up to 100 million shares. The profit margin after tax then would be around 23 %. If the pilot project takes less time than 2 years, which might be the case, the earnings per share should be correspondingly higher than calculated. Thus the total profit per share due to the pilot project would be around CAD 1.2 or more, achieved in around two years or less (corresponding to an annual earnings per share of around CAD 0.6 or more).
As pointed out before though, TAM could ,at least partly, debt finance the pilot project, thus resulting in much less stock dilution. In this respect my price target is conservative and will probably be increased after the feasibility study is released. TAM could also hedge metal prices (but at a lower price level than the shortest term metal prices) probably even for the whole pilot project. Combining these two measures TAM might even show slightly higher earnings per share at a lower risk, due to the hedging, than in my previous estimate of the pilot project.
A short term stock price target should not discount all of these scenarios now, but a mere fraction of them. I find that CAD 1-1.50 seems a rather realistic fundamentally based stock price in this rather early stage, i e just before the feasibility study becomes official, and before the pilot project R – 190 hopefully will be permitted. After a potentially or most likely fully permitted project probably late this year, my TAM price target should be increased to CAD 2-3 assuming current metal price levels stay intact. CAD 2-3 then would roughly imply a one-two years looking forward p/e ratio of around 3-5 or even less, if you accept the CAD 0.6 or more earnings per share as reasonable (with the earnings per share possibly even higher if there will be less than 100 millions shares with debt financing as discussed before).
Tamerlane has optioned Los Pinos Copper Deposit in Peru. Total payment will be around USD 1 million. It has a historical resource of around 63 million tons with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. TAM plans to carry out a USD 1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for during the second quarter of 2007. The results will provide input for an NI 43-101 compliant technical report and the basis for an updated feasibility study. The possible profit from this project is not calculated with in my analysis now, but it could turn out to be of significant value since the historic feasibility showed plans for producing 25 million pound of copper per year corresponding to revenues of around USD 75 million with copper price at today´s levels around USD 3. Furthermore the copper resource is expandable.
After an assumed successful, feasibility study for the zink & lead pilot project, permitting and the following initial production, there seems to be an extraordinary fine long term potential for TAM, and the stock almost has to be undervalued att levels below CAD 1 now, and should be discovered by more speculators & investors in the stock market in the near future. The permitting issue should not be a very big obstacle but very time due to the economic boost the project would result in. But it is the environmental authorities who actually can permit the project. and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either.
In summary the long term metal prices and the permitting process are most likely the most important risk factors this year, but the metal prices are also a long term potential especially for the pilot project, as long as especially China & India continue their fast economic growth. TAM also could hedge prices thus reducing risk substantially.
Short term we can look forward to a news release, probably during the first quarter of 2007 or somewhat later in april, concerning the feasibility study where the whole pilot project will be thoroughly examined including all the important economical aspects. The feasibility will most likely give a very positive outlook for the project as hinted in my calculations, and should in my opinion cause the TAM stock price to reach a higher level when the stock market sees that there is a real and significant potential for Tamerlane which it not had considered enough. For the TAM stock price to increase even more, let say above the CAD 1.50-2 level, I presume the project has to be fully permitted, my guess is in last quarter of 2007.
Before permitting, TAM is a high risk junior zink and lead mining stock although with an extremely fine long term potential. Thus you could treat TAM now as a strong but speculative buy as an obvious immediate revaluation case with an very fine risk/reward ratio.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
Statistix,
von TAM-Aktionären genau beobachtet steht bei CMM in den nächsten Tagen die wohl die wichtigste Entscheidung der Unternehmens-geschichte an. Die Behörden entscheiden ob Lamaque genehmigt wird. Ich glaube du bist schon länger bei CMM dabei? Wie würdest du die Bemühungen von Kent/Burns im Genehmigungsprozess für Lamaque einschätzen?
Ich habe im BB die Einschätzung eines Users hierzu gelesen:
In my opinion the company appears to have done all the right things to position us to succeed with permit process (regardless of actual outcome). Here are 3 crucial steps that were initiated by the company:
1) From the Nov. 17/06 NR: “We have retained Genivar Inc. in Val d'Or to assist the Company in expediting the amendment process for the environmental permit.”
Genivar Inc. is a very reputable company with a lot of expertise in this area. In recognition of the importance of this permit process Century Mining proactively took the steps to ensure sufficient expertise was on board, in order to maximize the chances of success.
2) Late Dec. ’06 - knowing that documents can sometimes get stuck at the bottom of government work piles, Century Mining representatives took the initiative to set up a meeting with government primes, in order provide clarification or additional information if necessary. It was determine that some minor additional information was needed.
3) Early Jan. ’06 – Century Mining provided the additional requested information in a timing manner. No further information was requested from the government as far as I know, but based only strictly on my 10,000 foot level view of the situation.
von TAM-Aktionären genau beobachtet steht bei CMM in den nächsten Tagen die wohl die wichtigste Entscheidung der Unternehmens-geschichte an. Die Behörden entscheiden ob Lamaque genehmigt wird. Ich glaube du bist schon länger bei CMM dabei? Wie würdest du die Bemühungen von Kent/Burns im Genehmigungsprozess für Lamaque einschätzen?
Ich habe im BB die Einschätzung eines Users hierzu gelesen:
In my opinion the company appears to have done all the right things to position us to succeed with permit process (regardless of actual outcome). Here are 3 crucial steps that were initiated by the company:
1) From the Nov. 17/06 NR: “We have retained Genivar Inc. in Val d'Or to assist the Company in expediting the amendment process for the environmental permit.”
Genivar Inc. is a very reputable company with a lot of expertise in this area. In recognition of the importance of this permit process Century Mining proactively took the steps to ensure sufficient expertise was on board, in order to maximize the chances of success.
2) Late Dec. ’06 - knowing that documents can sometimes get stuck at the bottom of government work piles, Century Mining representatives took the initiative to set up a meeting with government primes, in order provide clarification or additional information if necessary. It was determine that some minor additional information was needed.
3) Early Jan. ’06 – Century Mining provided the additional requested information in a timing manner. No further information was requested from the government as far as I know, but based only strictly on my 10,000 foot level view of the situation.
Medimmune. Ehrlich gesagt erwarte ich, daß Lamarque früher oder später genehmigt wird. Allerdings habe ich bei CMM gelernt, daß in kürze, bald oder auch morgen sehr relative Begriffe sind.
Dies galt insbesondere für Peru, was dort allerdings verständlich ist. Ich denke der Permit kommt, ich denke auch, daß Kent / Burns alles menschenmögliche für dieses Permit machen und daß darüberhinaus CMM nach Erhalt des Permits neubewertet werden sollte. Ich habe nur keine Ahnung wann... Gerüchte auf BB, die auf Aussagen von IR beruhen haben leider bei CMM keinen hohen Wert. Das liegt aber weniger an den Postern, als an IR bzw. den Verantwortlichen.
Ich habe ein paar CMM Shares und hoffe natürlich das beste dort, kann allen die dort Einsteigen jedoch nur raten gute Nerven und Sitzfleich mitzubringen.
Wenn Lamarque durch ist, hoffe ich, bringt der gute Burns die outstanding issues hier voran...
Dies galt insbesondere für Peru, was dort allerdings verständlich ist. Ich denke der Permit kommt, ich denke auch, daß Kent / Burns alles menschenmögliche für dieses Permit machen und daß darüberhinaus CMM nach Erhalt des Permits neubewertet werden sollte. Ich habe nur keine Ahnung wann... Gerüchte auf BB, die auf Aussagen von IR beruhen haben leider bei CMM keinen hohen Wert. Das liegt aber weniger an den Postern, als an IR bzw. den Verantwortlichen.
Ich habe ein paar CMM Shares und hoffe natürlich das beste dort, kann allen die dort Einsteigen jedoch nur raten gute Nerven und Sitzfleich mitzubringen.
Wenn Lamarque durch ist, hoffe ich, bringt der gute Burns die outstanding issues hier voran...
Das ist ja alles durchaus interessant, sollte jedoch im CMM-Thread erörtert werden. Wäre nämlich schön, wenn der Thread sich nicht wie viele andere entwickelt
Stimme ich zu. War mir auch nicht sicher, wo ich das beantworten soll. Ansonsten auch gern per BM, Medimmune.
Tamerlane Contracts Engineering of Major Components of Pine Point Project
BLAINE, WASHINGTON, Apr 11, 2007 (CCNMatthews via COMTEX News Network) --
Tamerlane Ventures Inc. (TSX VENTURE:TAM) is pleased to announce that the Company has finalized major engineering contracts for the development of the R-190 deposit of the Pine Point Project, located in the Northwest Territories, Canada. Specifically, Tamerlane has contracted Thyssen Mining to carry out shaft sinking setup and sinking designs, and FKC-Lakeshore, a division of Frontier-Kemper Constructors, Inc., to engineer and design complete systems and equipment related to the vertical conveyor system while working in conjunction with Thyssen Mining to design the shaft head frame.
Work to be performed by Thyssen Mining will include collar design required for sinking operations, design of head frame modifications, galloway design, hoist specifics, crosshead design, concrete form design, clam operation and suspension, and pipelines for air, water and pumping.
FKC-Lakeshore, in cooperation with Thyssen Mining, will incorporate necessary engineering designs performed by Thyssen into the final design. FKC-Lakeshore is also responsible for designing the hoist, shaft, braking systems, top structures, underground structures and the vertical conveyor system.
Ross Burns, President & CEO, said: "We are pleased that we have acquired the services of two proven companies, both of which are leaders in their respective fields. This represents a significant step forward in the Pine Point project, and we look forward to a mutually beneficial and productive relationship with Thyssen Mining and FKC-Lakeshore. Furthermore, both companies understand the importance of working in the North and involving the local aboriginal groups. The results of the positive feasibility study are expected to be released in the near future, whereby we anticipate commencement of mining operations on the R-190 deposit at the Pine Point zinc-lead deposit in 2008."
Ross F. Burns, President & CEO
BLAINE, WASHINGTON, Apr 11, 2007 (CCNMatthews via COMTEX News Network) --
Tamerlane Ventures Inc. (TSX VENTURE:TAM) is pleased to announce that the Company has finalized major engineering contracts for the development of the R-190 deposit of the Pine Point Project, located in the Northwest Territories, Canada. Specifically, Tamerlane has contracted Thyssen Mining to carry out shaft sinking setup and sinking designs, and FKC-Lakeshore, a division of Frontier-Kemper Constructors, Inc., to engineer and design complete systems and equipment related to the vertical conveyor system while working in conjunction with Thyssen Mining to design the shaft head frame.
Work to be performed by Thyssen Mining will include collar design required for sinking operations, design of head frame modifications, galloway design, hoist specifics, crosshead design, concrete form design, clam operation and suspension, and pipelines for air, water and pumping.
FKC-Lakeshore, in cooperation with Thyssen Mining, will incorporate necessary engineering designs performed by Thyssen into the final design. FKC-Lakeshore is also responsible for designing the hoist, shaft, braking systems, top structures, underground structures and the vertical conveyor system.
Ross Burns, President & CEO, said: "We are pleased that we have acquired the services of two proven companies, both of which are leaders in their respective fields. This represents a significant step forward in the Pine Point project, and we look forward to a mutually beneficial and productive relationship with Thyssen Mining and FKC-Lakeshore. Furthermore, both companies understand the importance of working in the North and involving the local aboriginal groups. The results of the positive feasibility study are expected to be released in the near future, whereby we anticipate commencement of mining operations on the R-190 deposit at the Pine Point zinc-lead deposit in 2008."
Ross F. Burns, President & CEO
Antwort auf Beitrag Nr.: 28.760.315 von medimmune am 11.04.07 16:36:15The results of the positive feasibility study are expected to be released in the near future
Da hätte ich mir doch endlich eine etwas präzisere Zeitangabe gewünscht
Da hätte ich mir doch endlich eine etwas präzisere Zeitangabe gewünscht
Nun ja. Immerhin scheint sich was zu tun. Ne Weile heißt es wohl noch hold your breath. Das die Feas. positiv ist überrascht bei den Daten natürlich nicht... Bleibt die Frage was near future heißt und woher einige BB Poster Daten im April hatten?
Heute über eine Mio. Umsätze in CA - steigen Fonds ein??
Noch alle dabei oder vor Schreck schon ausgestiegen? Ich hoffe ja. Die TAM-Gemeinde auf WO ist ja noch klein.
An Fonds glaube ich im derzeitigem Stadium nicht. Noch zu spekulativ für Minenfonds. Was nich heisst, dass nicht Institutionelle dabei sind. Bei solchen Volumen kann es sein, dass mehr als nur Privatanleger mitmischen.
An Fonds glaube ich im derzeitigem Stadium nicht. Noch zu spekulativ für Minenfonds. Was nich heisst, dass nicht Institutionelle dabei sind. Bei solchen Volumen kann es sein, dass mehr als nur Privatanleger mitmischen.
Antwort auf Beitrag Nr.: 28.779.879 von medimmune am 12.04.07 17:19:03So leicht lasse ich mich nicht erschrecken Hab im Moment Urlaub und freue mich, wenn ich abends nach Hause komme und den Kurs sehe.
Hab im Moment Urlaub und freue mich, wenn ich abends nach Hause komme und den Kurs sehe.
TAM läuft und läuft, echt überraschend. Drüben bei Stockhouse wird zwar schon über das Wenn und Wieviel einer (Zwischen-)korrektur gestritten, insgesamt bleibt das Bild aber bullish. Ich hatte die Korrektur für letzte Woche erwartet und wurde auf dem falschen Fuss erwischt, blöder Tradingversuch für einen überzeugten Longie Ich bleibe jetzt dabei und freue mich, wenn das Publikum in Deutschland nicht allzu schnell wächst (BB-Pushes, W:O-Dummschwätzer)
Ich bleibe jetzt dabei und freue mich, wenn das Publikum in Deutschland nicht allzu schnell wächst (BB-Pushes, W:O-Dummschwätzer)
Antwort auf Beitrag Nr.: 28.779.879 von medimmune am 12.04.07 17:19:03Die TAM-Gemeinde auf WO ist ja noch klein.
Hoffen wir einmal, dass das so bleibt.
Denk mal darueber nach,
BL
Hoffen wir einmal, dass das so bleibt.
Denk mal darueber nach,
BL
Antwort auf Beitrag Nr.: 28.788.631 von boersenbrieflemming am 13.04.07 09:00:27Läuft wirklich super, unser "Baby".
TAM ist aber immer noch spottbillig z.B. im Vergleich zu Buffalo Gold oder Northland Resources.
Hat jemand noch nähere Infos ?
TAM ist aber immer noch spottbillig z.B. im Vergleich zu Buffalo Gold oder Northland Resources.
Hat jemand noch nähere Infos ?
Antwort auf Beitrag Nr.: 28.779.879 von medimmune am 12.04.07 17:19:03Hi medimmune
Dein Timing mit der Eröffnung dieses Threads war wirklich optimal!
Habe am 20.03. gekauft und jetzt staune ich jeden Tag aufs Neue!
Ein herzliches Dankeschön für Deine Arbeit
Zander65
Dein Timing mit der Eröffnung dieses Threads war wirklich optimal!
Habe am 20.03. gekauft und jetzt staune ich jeden Tag aufs Neue!
Ein herzliches Dankeschön für Deine Arbeit
Zander65
Antwort auf Beitrag Nr.: 28.798.146 von Zander65 am 13.04.07 17:32:53Ich schließe mich dem Dank an.
Ohne medimmune hätte ich nie etwas von Tamerlane erfahren.
Eine sensationelle Kursentwicklung
Ohne medimmune hätte ich nie etwas von Tamerlane erfahren.
Eine sensationelle Kursentwicklung
Vielen Dank auch von mir! Wenn man gewohnt ist, sich den Gewinn trotz guter Fundamentals zu "ersitzen", ist das mal eine schöne Abwechslung, die zeigt, wie schön Börse sein kann: DD raus, News raus und schöner stabiler Anstieg. Und die Story hat gerade erst begonnen. Herzliche Grüße an Euch alle und ein schönes Wochenende 
Es freut mich, dass einige eingestiegen sind und profitieren konnten.
Seit Oktober 2006 machte sich im Stockhouse-Board ziemliche Verzweiflung breit, darüber dass die Aktie trotz winziger Bewertung und steigenden Interesses nicht nach oben ging. Im März war sie dann auch bei mir gross genug um diesen Thread auf wo zu eröffnen. Die 21 Mio Aktien der Private Placement Seller waren einfach monatelang nicht zu durchbrechen.
Ich bin langfristig investiert und werde keine Aktie verkaufen. (auch kein Swing-Trading versuchen). Auch wenn es Moment fantastisch läuft und wir noch viel Luft nach oben haben wird die Aktie auf dem Weg nach oben auch Konsolidierungtage erleben. Es sollten niemanden beunruhigen wenn die Aktie zwischendurch wieder zurückkommt. Solange die Fundamentals stimmen sieht es für TAM gut aus.
Die Feasibility sollte aufgrund der Infrastruktur, vor allem dem Highway direkt am R-190 Deposit und der Railway ab Hay River, sehr gut ausfallen. R-190 hat sehr hohe Grade an Zink und Blei. Zudem will man neue Technologien einsetzen (Dense Media Seperation & Freez Ring Technology), welche die Kosten senken werden.
Es gibt inoffizielle News. Einige Anleger aus dem BB mit denen ich Kontakt halte sprechen regelmäßig mit TAM. Demnach wird das DAR deficiency statement bereits nächste Woche der MVERIB übergeben. Es ist fertiggestellt. Zudem hat man mit zwei von drei First Nations bereits Abkommen geschlossen. Swisher und Burns sind derzeit in den NWT um mit der dritten und letzten First Nation ein Agreement zu finden. Auch wenn dies nicht gelingt, so hätte die dritte FN nicht die Möglichkeit das Projekt zu stoppen. TAM will die Feasibility erst veröffentlichen wenn die Verhandlungen der FN beendet sind. Man glaubt eine Fremdfinanzierung von R-190 in Höhe von 80-90% verhandeln zu können. Die Verwässerung würde dann sehr gering ausfallen. Im Sommer soll es eine neue Website und erste Promotionbemühungen geben.
Seit Oktober 2006 machte sich im Stockhouse-Board ziemliche Verzweiflung breit, darüber dass die Aktie trotz winziger Bewertung und steigenden Interesses nicht nach oben ging. Im März war sie dann auch bei mir gross genug um diesen Thread auf wo zu eröffnen. Die 21 Mio Aktien der Private Placement Seller waren einfach monatelang nicht zu durchbrechen.
Ich bin langfristig investiert und werde keine Aktie verkaufen. (auch kein Swing-Trading versuchen). Auch wenn es Moment fantastisch läuft und wir noch viel Luft nach oben haben wird die Aktie auf dem Weg nach oben auch Konsolidierungtage erleben. Es sollten niemanden beunruhigen wenn die Aktie zwischendurch wieder zurückkommt. Solange die Fundamentals stimmen sieht es für TAM gut aus.
Die Feasibility sollte aufgrund der Infrastruktur, vor allem dem Highway direkt am R-190 Deposit und der Railway ab Hay River, sehr gut ausfallen. R-190 hat sehr hohe Grade an Zink und Blei. Zudem will man neue Technologien einsetzen (Dense Media Seperation & Freez Ring Technology), welche die Kosten senken werden.
Es gibt inoffizielle News. Einige Anleger aus dem BB mit denen ich Kontakt halte sprechen regelmäßig mit TAM. Demnach wird das DAR deficiency statement bereits nächste Woche der MVERIB übergeben. Es ist fertiggestellt. Zudem hat man mit zwei von drei First Nations bereits Abkommen geschlossen. Swisher und Burns sind derzeit in den NWT um mit der dritten und letzten First Nation ein Agreement zu finden. Auch wenn dies nicht gelingt, so hätte die dritte FN nicht die Möglichkeit das Projekt zu stoppen. TAM will die Feasibility erst veröffentlichen wenn die Verhandlungen der FN beendet sind. Man glaubt eine Fremdfinanzierung von R-190 in Höhe von 80-90% verhandeln zu können. Die Verwässerung würde dann sehr gering ausfallen. Im Sommer soll es eine neue Website und erste Promotionbemühungen geben.
Antwort auf Beitrag Nr.: 28.802.548 von medimmune am 13.04.07 20:53:57Auch von mir nochmals Dank.
Traden ist auch wg. der rel. hohen Spesen nicht sinnvoll.
Ich will versuchen, die Spekulationsfrist einzuhalten.
Zwischen März 2007 und März 2008 liegen vermutlich etliche 100 %.
Macht richtig Spaß.
Traden ist auch wg. der rel. hohen Spesen nicht sinnvoll.
Ich will versuchen, die Spekulationsfrist einzuhalten.
Zwischen März 2007 und März 2008 liegen vermutlich etliche 100 %.
Macht richtig Spaß.
Der Artikel ist auch ganz interessant:
http://www.cbc.ca/canada/north/story/2007/02/19/pinepoint-le…
http://www.cbc.ca/canada/north/story/2007/02/19/pinepoint-le…
Er ist nur 2,5 Monate alt und nicht mehr aktuell. So viel ich weiss besteht mit Fort Smith (Miltenberger) längst Einigkeit. Damals eine Erstreaktion die im BB auch mit Sorge diskutiert wurde.
Dennoch, wenn auch veraltet gefällt mir die Aussage, daß man mit den Profits eine Mill kauft. Ist zwar nix neues, aber nett nochmal schwarz auf weiß.
Antwort auf Beitrag Nr.: 28.802.548 von medimmune am 13.04.07 20:53:57Es freut mich, dass einige eingestiegen sind und profitieren konnten.
Das freut mich auch
Hattest Du Dir eigentlich vor Deiner Einladung im Slam-Thread diesen Wert auch mal angeschaut oder hast Du einfach nur in jedem Zink-Thread gepostet? Mal abgesehen von der miserablen PR finde ich bei Slam den Haken nicht und frage mich, ob ich da nur einfach noch ein bisschen Geduld haben muss oder ob die Firma uns an der Nase herumführt. Produktionsbeginn war eignetlich für Ende des Jahres angekündigt aber auch wenn sich das um ein paar Monate verzögern sollte, wäre SXL für einen Near-Term-Producer imho viel zu billig. Zumal zwei Mühlen in der Nähe Kapazitäten frei haben und Slam das Erz dort kostengünstig verarbeiten lassen könnte. Für einen Kommentar im entsprechenden Thread wäre ich dankbar.
Thread: Slam Exploration (SXL.V) - günstiger Zink-Blei-Silber Explorer
Das freut mich auch
Hattest Du Dir eigentlich vor Deiner Einladung im Slam-Thread diesen Wert auch mal angeschaut oder hast Du einfach nur in jedem Zink-Thread gepostet? Mal abgesehen von der miserablen PR finde ich bei Slam den Haken nicht und frage mich, ob ich da nur einfach noch ein bisschen Geduld haben muss oder ob die Firma uns an der Nase herumführt. Produktionsbeginn war eignetlich für Ende des Jahres angekündigt aber auch wenn sich das um ein paar Monate verzögern sollte, wäre SXL für einen Near-Term-Producer imho viel zu billig. Zumal zwei Mühlen in der Nähe Kapazitäten frei haben und Slam das Erz dort kostengünstig verarbeiten lassen könnte. Für einen Kommentar im entsprechenden Thread wäre ich dankbar.
Thread: Slam Exploration (SXL.V) - günstiger Zink-Blei-Silber Explorer
Hallo NochnZocker,
ich hatte mir SLAM nicht genau angeschaut sondern versucht in den Threads einiger Basismetall-Aktien die User auf TAM aufmerksam zu machen. Ich hatte Slam aber in Erinnerung nachdem C.dreaming im BB auch Slam mit TAM verglichen hatte. Um ein Urteil über Slam abgeben zu könnnen müsste ich mir die Aktie genauer anschauen und dafür fehlt mir im Moment einfach die Zeit (aber aufgeschoben ist nicht aufgehoben). Kann etwas dauern.
Wünsche allen einen schönen Tag (und schaut nicht so viel auf den Kurs...der kommt auch wieder zurück)
ich hatte mir SLAM nicht genau angeschaut sondern versucht in den Threads einiger Basismetall-Aktien die User auf TAM aufmerksam zu machen. Ich hatte Slam aber in Erinnerung nachdem C.dreaming im BB auch Slam mit TAM verglichen hatte. Um ein Urteil über Slam abgeben zu könnnen müsste ich mir die Aktie genauer anschauen und dafür fehlt mir im Moment einfach die Zeit (aber aufgeschoben ist nicht aufgehoben). Kann etwas dauern.
Wünsche allen einen schönen Tag (und schaut nicht so viel auf den Kurs...der kommt auch wieder zurück)
Tamerlane Reaches Agreement With the Katlodeeche First Nation
Monday April 16, 1:02 pm ET
Tamerlane Ventures Inc. (TSX VENTURE:TAM - News) is pleased to announce that a business agreement with the Katlodeeche First Nation (KFN) has been signed. The agreement outlines job and business opportunities to the Katlodeeche First Nation for the Pine Point Project and ensures a long lasting relationship between Tamerlane and KFN.
In a letter from KFN to the Mackenzie Valley Environmental Impact Review Board states, "The Chief and Council are satisfied that Tamerlane Ventures have taken all the necessary steps to ensure the protection of the lands and natural resources surrounding the mine site. Furthermore, the Chief & Council are satisfied Tamerlane Ventures inc. have met all the licensing requirements for this project and for the current and future business and economic opportunities between the parties."
Tamerlane is in on-going discussions with two other aboriginal groups.
Ross Burns, President & CEO, said: "We are extremely pleased to be continuing a mutually beneficial relationship with the Katlodeeche people and look forward to working with them as we develop our Pine Point Project."
http://biz.yahoo.com/ccn/070416/200704160384342001.html?.v=1
Monday April 16, 1:02 pm ET
Tamerlane Ventures Inc. (TSX VENTURE:TAM - News) is pleased to announce that a business agreement with the Katlodeeche First Nation (KFN) has been signed. The agreement outlines job and business opportunities to the Katlodeeche First Nation for the Pine Point Project and ensures a long lasting relationship between Tamerlane and KFN.
In a letter from KFN to the Mackenzie Valley Environmental Impact Review Board states, "The Chief and Council are satisfied that Tamerlane Ventures have taken all the necessary steps to ensure the protection of the lands and natural resources surrounding the mine site. Furthermore, the Chief & Council are satisfied Tamerlane Ventures inc. have met all the licensing requirements for this project and for the current and future business and economic opportunities between the parties."
Tamerlane is in on-going discussions with two other aboriginal groups.
Ross Burns, President & CEO, said: "We are extremely pleased to be continuing a mutually beneficial relationship with the Katlodeeche people and look forward to working with them as we develop our Pine Point Project."
http://biz.yahoo.com/ccn/070416/200704160384342001.html?.v=1
Nun scheint es tatsächlich eine Verzögerung bei der Veröffentlichung der Feasibilty zu geben. Aus dem BB ist von zwei Anlegern zu hören:
"Feasibility is back with CAM (their independent 43-101 consultant) being finalized. CAM is apparently swamped and TAM tells me 30-60 days before they expect to get the final report back.
TAM weren't going to release the Feasibility before reaching agreement with the FN anyway, so I doubt they have been pushing CAM very hard."
"I sold a bit after confirming with the company that the report is indeed a few weeks from release."
30-60 Tage also. Für mich nicht weiter schlimm wenn es so kommen sollte weil ich einen langfristigen A.horizont habe. Trader mögen anders denken? Ich würde bei Kursen um 1,30 trotzdem nicht mehr verkaufen. Auch wenn wir heute 40 Cent niedriger notieren sind die Voraussetzungen bei TAM die gleichen wie sie es gestern waren.
Eine gute Nacht
"Feasibility is back with CAM (their independent 43-101 consultant) being finalized. CAM is apparently swamped and TAM tells me 30-60 days before they expect to get the final report back.
TAM weren't going to release the Feasibility before reaching agreement with the FN anyway, so I doubt they have been pushing CAM very hard."
"I sold a bit after confirming with the company that the report is indeed a few weeks from release."
30-60 Tage also. Für mich nicht weiter schlimm wenn es so kommen sollte weil ich einen langfristigen A.horizont habe. Trader mögen anders denken? Ich würde bei Kursen um 1,30 trotzdem nicht mehr verkaufen. Auch wenn wir heute 40 Cent niedriger notieren sind die Voraussetzungen bei TAM die gleichen wie sie es gestern waren.
Eine gute Nacht
Katlodeeche First Nations
Box 3060
Hay River Reserve, NT X0E 1G4
Die Information, dass bereits feste Agreements mit zwei lokalen Gruppen bestehen war also nicht richtig. Es gibt erst ein Abkommen. Vielleicht war man seitens TAM für eine zweite Verhandlung sehr optimistisch und hat sich in Kanada ggüber Anlegern zu Äußerungen hinreißen lassen?? Ich weiss es nicht. Wir werden es bald erfahren...
Box 3060
Hay River Reserve, NT X0E 1G4
Die Information, dass bereits feste Agreements mit zwei lokalen Gruppen bestehen war also nicht richtig. Es gibt erst ein Abkommen. Vielleicht war man seitens TAM für eine zweite Verhandlung sehr optimistisch und hat sich in Kanada ggüber Anlegern zu Äußerungen hinreißen lassen?? Ich weiss es nicht. Wir werden es bald erfahren...
Antwort auf Beitrag Nr.: 28.849.627 von medimmune am 17.04.07 00:07:57Die Information, dass bereits feste Agreements mit zwei lokalen Gruppen bestehen war also nicht richtig.
Was eindrucksvoll belegt, daß man Angaben Dritter (hier irgendeinem User eines Internetboards), die vorgeben, irgendwelche Infos von Unternehmensseite bekommen zu haben, immer skeptisch gegenüberstehen sollte. Dies gilt zumindest für Personen, die man nicht kennt und deren Glaubwürdigkeit nicht eingeschätzt werden kann. Schließlich sind Internetforen eine beliebte Mainpulationsplattform, das sollte man nie vergessen
Was eindrucksvoll belegt, daß man Angaben Dritter (hier irgendeinem User eines Internetboards), die vorgeben, irgendwelche Infos von Unternehmensseite bekommen zu haben, immer skeptisch gegenüberstehen sollte. Dies gilt zumindest für Personen, die man nicht kennt und deren Glaubwürdigkeit nicht eingeschätzt werden kann. Schließlich sind Internetforen eine beliebte Mainpulationsplattform, das sollte man nie vergessen
Zustimmung MFC. Ebenso wie die Angabe Feasibility Ende April, die auf dem BB lanciert wurde. Man kann ja jetzt sehen, daß da ne Menge Leute auf diesen "Pump" hereingefallen sind. Fundamental bleibt TAM aber unterbewertet und das Volumen beeindruckt auch. Ich bin kein guter Timer von daher habe ich keine Ahnung wie es nun weiter geht. 
Langfristig denke ich die Feas kommt in 2007 und das Permit auch. Danach dürfte der Kurs höher stehen...
Langfristig denke ich die Feas kommt in 2007 und das Permit auch. Danach dürfte der Kurs höher stehen...
Macht TAM denn CMM immer alles nach?
16:30 17Apr2007 CCN-Tamerlane Adopts Shareholder Rights Plan <TAM.V>
CCNMATTHEWS
Tamerlane Ventures Inc.
April 17, 2007 - 10:30:33 AM
Tamerlane Adopts Shareholder Rights Plan
BLAINE, WASHINGTON--(CCNMatthews - April 17, 2007) - Tamerlane Ventures Inc.
(TSX VENTURE:TAM) announces that the Board of Directors of the Company has
approved the adoption of a shareholder rights plan (the "Plan"), effective
April 16, 2007. The Plan is designed to give the Company's Board of Directors
and shareholders sufficient time to properly assess an unsolicited take-over
bid without any undue pressure. Adoption of the plan also gives the Company's
Board of Directors time to consider alternatives designed to allow the
Company's shareholders to receive full and fair value for their common shares.
Additionally, the Plan is designed to provide shareholders of the Company with
equal treatment in a take-over bid.
Rights under the Plan will become exercisable when a person, together with any
parties related to it, acquires or announces its intention to acquire 20% or
more of the Company's outstanding common shares without complying with the
provisions of the Plan or without approval of the Board of Directors of the
Company. Under such circumstances, each right, upon exercise, will permit the
purchase of common shares of the Company at a substantial discount to the
market price.
The Company intends to seek shareholder approval of the Plan at its upcoming
annual and special meeting of shareholders. The adoption of the plan is also
subject to acceptance by the TSX Venture Exchange.
Ross Burns, President & CEO commented, "This new plan will allow the Board of
Directors of Tamerlane time to investigate all alternatives to maximize
shareholder value in the event of an unsolicited takeover bid."
Ross F. Burns, President & CEO
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of
applicable securities laws. We use words such as "may", "will", "should",
"anticipate", "plan", "expect", "believe", "estimate" and similar terminology
to identify forward-looking information. It is based on assumptions,
estimates, opinions and analysis made by management in light of its
experience, current conditions and its expectations of future developments as
well as other factors which it believes to be reasonable and relevant.
Forward-looking information involves known and unknown risks, uncertainties
and other factors that may cause our actual results to differ materially from
those expressed or implied in the forward-looking statements and accordingly,
readers should not place undue reliance on those statements. Risks and
uncertainties that may cause actual results to vary include but are not
limited to the speculative nature of mineral exploration and development,
including the uncertainty of reserve and resource estimates; operational and
technical difficulties; the availability to the Company of suitable financing
alternatives; fluctuations in zinc, lead and other resource prices; changes to
and compliance with applicable laws and regulations, including environmental
laws and obtaining requisite permits; political, economic and other risks
arising from our activities; fluctuations in foreign exchange rates; as well
as other risks and uncertainties which are more fully described in our annual
and quarterly Management's Discussion and Analysis and in other filings made
by us with Canadian securities regulatory authorities and available at
www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Tamerlane Ventures Inc. Brent Jones Manager of Investor Relations (360)
332-4653 (360) 332-4652 (FAX) Email: bjones@tamerlaneventures.com Website:
www.tamerlaneventures.com
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of the contents of this press release.
For Related News, Double Click on one of these codes:
[CCN] [CNR] [CA] [FIN] [MET] [NEWR] [STX] [LEN] [TAM.V] [TAMp.V]
For Relevant Price Information, Double Click on one of these codes:
<TAM.V> <TAMp.V>
Tuesday, 17 April 2007 16:30:34CCN [nCCNdJBFsa] {EN}ENDS
16:30 17Apr2007 CCN-Tamerlane Adopts Shareholder Rights Plan <TAM.V>
CCNMATTHEWS
Tamerlane Ventures Inc.
April 17, 2007 - 10:30:33 AM
Tamerlane Adopts Shareholder Rights Plan
BLAINE, WASHINGTON--(CCNMatthews - April 17, 2007) - Tamerlane Ventures Inc.
(TSX VENTURE:TAM) announces that the Board of Directors of the Company has
approved the adoption of a shareholder rights plan (the "Plan"), effective
April 16, 2007. The Plan is designed to give the Company's Board of Directors
and shareholders sufficient time to properly assess an unsolicited take-over
bid without any undue pressure. Adoption of the plan also gives the Company's
Board of Directors time to consider alternatives designed to allow the
Company's shareholders to receive full and fair value for their common shares.
Additionally, the Plan is designed to provide shareholders of the Company with
equal treatment in a take-over bid.
Rights under the Plan will become exercisable when a person, together with any
parties related to it, acquires or announces its intention to acquire 20% or
more of the Company's outstanding common shares without complying with the
provisions of the Plan or without approval of the Board of Directors of the
Company. Under such circumstances, each right, upon exercise, will permit the
purchase of common shares of the Company at a substantial discount to the
market price.
The Company intends to seek shareholder approval of the Plan at its upcoming
annual and special meeting of shareholders. The adoption of the plan is also
subject to acceptance by the TSX Venture Exchange.
Ross Burns, President & CEO commented, "This new plan will allow the Board of
Directors of Tamerlane time to investigate all alternatives to maximize
shareholder value in the event of an unsolicited takeover bid."
Ross F. Burns, President & CEO
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of
applicable securities laws. We use words such as "may", "will", "should",
"anticipate", "plan", "expect", "believe", "estimate" and similar terminology
to identify forward-looking information. It is based on assumptions,
estimates, opinions and analysis made by management in light of its
experience, current conditions and its expectations of future developments as
well as other factors which it believes to be reasonable and relevant.
Forward-looking information involves known and unknown risks, uncertainties
and other factors that may cause our actual results to differ materially from
those expressed or implied in the forward-looking statements and accordingly,
readers should not place undue reliance on those statements. Risks and
uncertainties that may cause actual results to vary include but are not
limited to the speculative nature of mineral exploration and development,
including the uncertainty of reserve and resource estimates; operational and
technical difficulties; the availability to the Company of suitable financing
alternatives; fluctuations in zinc, lead and other resource prices; changes to
and compliance with applicable laws and regulations, including environmental
laws and obtaining requisite permits; political, economic and other risks
arising from our activities; fluctuations in foreign exchange rates; as well
as other risks and uncertainties which are more fully described in our annual
and quarterly Management's Discussion and Analysis and in other filings made
by us with Canadian securities regulatory authorities and available at
www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Tamerlane Ventures Inc. Brent Jones Manager of Investor Relations (360)
332-4653 (360) 332-4652 (FAX) Email: bjones@tamerlaneventures.com Website:
www.tamerlaneventures.com
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of the contents of this press release.
For Related News, Double Click on one of these codes:
[CCN] [CNR] [CA] [FIN] [MET] [NEWR] [STX] [LEN] [TAM.V] [TAMp.V]
For Relevant Price Information, Double Click on one of these codes:
<TAM.V> <TAMp.V>
Tuesday, 17 April 2007 16:30:34CCN [nCCNdJBFsa] {EN}ENDS
Finde ich gut. Synergien genutzt. Natürlich hoffe ich man hat die CMM Unterlagen genommen Copy und Paste gemacht und bei TAM genutzt. Und bezahlt hat CMM.
Das wär was!
Das wär was!
Antwort auf Beitrag Nr.: 28.861.387 von noch-n-zocker am 17.04.07 17:12:50Hallo TAM-Gemeinde,
ich habe weniger eine Antwort zu den Übernahmeplänen als die Frage zu deren möglichen Konsequenzen. Hat schon jemand in diese Richtung nachgedacht? Was könnte das bedeuten? Leider ist mein Englisch recht dürftig, und auch mein Börsenwissen ist eher dünn.
Meist führen Übernahmegerüchte ja eher zu steigenden Kursen...?!
Gibte es bei Euch Vorstellungen wer als Bieter auftritt?
ich habe weniger eine Antwort zu den Übernahmeplänen als die Frage zu deren möglichen Konsequenzen. Hat schon jemand in diese Richtung nachgedacht? Was könnte das bedeuten? Leider ist mein Englisch recht dürftig, und auch mein Börsenwissen ist eher dünn.
Meist führen Übernahmegerüchte ja eher zu steigenden Kursen...?!
Gibte es bei Euch Vorstellungen wer als Bieter auftritt?
Hosch2,
es gibt weder Übernahmepläne noch Übernahmegerüchte. Ein shareholder rights plan dient nur dazu im Falle eines Übernahmeversuches im Sinne der Aktionäre reagieren zu können.
Ein Hinweis auf die Gründlichkeit des TAM-Management im Genehmigungsverfahren? :
4/19/2007
Century Mining Receives Lamaque Underground Permit
es gibt weder Übernahmepläne noch Übernahmegerüchte. Ein shareholder rights plan dient nur dazu im Falle eines Übernahmeversuches im Sinne der Aktionäre reagieren zu können.
Ein Hinweis auf die Gründlichkeit des TAM-Management im Genehmigungsverfahren? :
4/19/2007
Century Mining Receives Lamaque Underground Permit
Updated TAM analysis :
Tamerlane Ventures
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 2.87
This is a calculation of the long term price outlook for Tamerlane ventures, TAM stock assuming long term zinc and lead prices as of Feb 2 2007, USD 1.40/lb and USD 0.76/lb respectively around which time the prices hit bottom for 2007 thus far. For the Peru copper project a cautious USD 2/lb price is assumed far below the current copper market price.
The Tamerlane CEO is very experiencied and in fact worked as a geologist at Pine Point in Canada when the mine was producing a few decades back. The chairman of the board, with no or little executive responsiblity in Tamerlane, was involved in a mining company in the 1990-s when there was a tragic incident, which may affect her reputation negatively now, maybe not justified though since she was declared having no responsibility, at least according to my Internet googling of the incident. Others had responsibility though including certain authorities. She is though said to be very capable of raising funds for projects like this one. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane will use freezing technology in their pilot project to control ground water. There are examples of freezing rings functioning well, but Cameco´s Cigar Lake project had problems with freezing technology, but still they will use it as one of the messures among others to restore their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value at metal market price would be around USD 10.9 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level.
If you just would like a hint of the long term stock potential of TAM, let us take a look at this example of just the zinc&lead project. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % . That would leave TAM potential future nominal profits after tax of around USD 1.09-2.18 billion. The total production time is assumed to be around 30 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be half of that or around USD 363-726 million. The 2007 discounted value at 10 % interest rate, is around USD 203-406 million. At this moment there are only around 41 million diluted shares, but let us calculate with a heavy stock dilution for the total financing including for the copper project, to 100 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 2.29-4.59 in 2007 (with USD=1.13 CAD). So the stock potential has to be very high, even if the calculation assumes unchanged metal prices, but on the other hand assumes a very big stock dilution and only considers the roughly calculated discounted value of first 10 years of earnings.
Now if you examine the case within the more foreseeable future a little more close, the R – 190 pilot project is supposed to produce 0.110 million tons of zink and 0.0555 million tons of lead in around 1.5 years. The company then would have total revenues of about USD 432 million, corresponding to approximately CAD 325 million average per year, assuming metal market prices of Feb 2007. The total costs are very roughly assumed to be CAD 250 million per year, indicating profits before tax of around CAD 85 million and earnings per share of around CAD 0.55 after assumed 35 % tax and a heavy stock dilution up to 100 million shares. With a p/e ratio of 7 the long term potential would be CAD 3.85 On the other hand TAM should be able to debt finance at least a great part of the capital needed for their projects, thus resulting in far less stock dilution and a higher discounted value per share.
Tamerlane has optioned Los Pinos Copper Deposit in Peru. Total payment will be around USD 1 million. It has a historical resource of around 63 million tons with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. TAM plans to carry out a USD 1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for during the second quarter of 2007. The results will provide input for an NI 43-101 compliant technical report and the basis for an updated feasibility study. The possible profit from this project could be roughly but cautiously estimated from the historic feasibility showed plans for producing 25 million pound of copper per year corresponding to revenues of USD 50 million assuming just a USD 2 copper price compared to today´s levels around USD 3. Furthermore the copper resource is expandable. Assuming costs of USD 1.5/lb the earnings after tax would be USD 8.1 million corresponding to 0.092 CAD/share. I assume all capital costs are included with the stock dilution up to 100 million shares. A p/e 7 then would add CAD 0.64 to the long term stock price potential.
In summary you get a long term TAM potential of around CAD 4.49. If you use 2009 as the valuation base when the Pine Point pilot project has commenced, and discount the stock price potential with a high 25 %, riskadjusted interest rate, you would get a 2007 price target of CAD 2.87.
As pointed out before though, TAM could ,at least partly, debt finance their projects, thus resulting in much less stock dilution and a higher price target. So in this respect my price target is conservative. Long term average metal prices for zinc and lead may, on the other hand, be significantly lower in the future than in the calculation above which used the Feb 2 2007. levels for zinc but a low, and much lower prices should reduce the discounted value significantly. However TAM could hedge metal prices probably for the whole pilot project at Pine Point.
The permitting issue should not be a very big obstacle due to the economic boost the project would result in. But it is the environmental authorities who actually can permit the project. and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either. The company has so far made a deal with one of the three aboriginal groups, so called First Nations, which now supports the project.
In summary the long term metal prices and the permitting process are most likely the most important risk factors this year, but the metal prices are also a long term potential especially for the pilot project, as long as especially China & India continue their fast economic growth. TAM also could hedge prices thus reducing risk substantially.
Short term we can look forward to a news release concerning the feasibility study where the whole pilot project will be thoroughly examined including all the important economical aspects. Maybe it will not be released until nafter Tamerlane has reached an agreement with all the three aboginial groups. The feasibility will most likely give a very positive outlook for the project as hinted in my calculations, and could cause the TAM stock price to reach a higher level, in spite of the recent stock price run, when the stock market sees that there is a real and significant potential left. Before permitting, TAM is a high risk stock although with still a very fine long term potential.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
Tamerlane Ventures
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 2.87
This is a calculation of the long term price outlook for Tamerlane ventures, TAM stock assuming long term zinc and lead prices as of Feb 2 2007, USD 1.40/lb and USD 0.76/lb respectively around which time the prices hit bottom for 2007 thus far. For the Peru copper project a cautious USD 2/lb price is assumed far below the current copper market price.
The Tamerlane CEO is very experiencied and in fact worked as a geologist at Pine Point in Canada when the mine was producing a few decades back. The chairman of the board, with no or little executive responsiblity in Tamerlane, was involved in a mining company in the 1990-s when there was a tragic incident, which may affect her reputation negatively now, maybe not justified though since she was declared having no responsibility, at least according to my Internet googling of the incident. Others had responsibility though including certain authorities. She is though said to be very capable of raising funds for projects like this one. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane will use freezing technology in their pilot project to control ground water. There are examples of freezing rings functioning well, but Cameco´s Cigar Lake project had problems with freezing technology, but still they will use it as one of the messures among others to restore their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value at metal market price would be around USD 10.9 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level.
If you just would like a hint of the long term stock potential of TAM, let us take a look at this example of just the zinc&lead project. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % . That would leave TAM potential future nominal profits after tax of around USD 1.09-2.18 billion. The total production time is assumed to be around 30 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be half of that or around USD 363-726 million. The 2007 discounted value at 10 % interest rate, is around USD 203-406 million. At this moment there are only around 41 million diluted shares, but let us calculate with a heavy stock dilution for the total financing including for the copper project, to 100 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 2.29-4.59 in 2007 (with USD=1.13 CAD). So the stock potential has to be very high, even if the calculation assumes unchanged metal prices, but on the other hand assumes a very big stock dilution and only considers the roughly calculated discounted value of first 10 years of earnings.
Now if you examine the case within the more foreseeable future a little more close, the R – 190 pilot project is supposed to produce 0.110 million tons of zink and 0.0555 million tons of lead in around 1.5 years. The company then would have total revenues of about USD 432 million, corresponding to approximately CAD 325 million average per year, assuming metal market prices of Feb 2007. The total costs are very roughly assumed to be CAD 250 million per year, indicating profits before tax of around CAD 85 million and earnings per share of around CAD 0.55 after assumed 35 % tax and a heavy stock dilution up to 100 million shares. With a p/e ratio of 7 the long term potential would be CAD 3.85 On the other hand TAM should be able to debt finance at least a great part of the capital needed for their projects, thus resulting in far less stock dilution and a higher discounted value per share.
Tamerlane has optioned Los Pinos Copper Deposit in Peru. Total payment will be around USD 1 million. It has a historical resource of around 63 million tons with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. TAM plans to carry out a USD 1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for during the second quarter of 2007. The results will provide input for an NI 43-101 compliant technical report and the basis for an updated feasibility study. The possible profit from this project could be roughly but cautiously estimated from the historic feasibility showed plans for producing 25 million pound of copper per year corresponding to revenues of USD 50 million assuming just a USD 2 copper price compared to today´s levels around USD 3. Furthermore the copper resource is expandable. Assuming costs of USD 1.5/lb the earnings after tax would be USD 8.1 million corresponding to 0.092 CAD/share. I assume all capital costs are included with the stock dilution up to 100 million shares. A p/e 7 then would add CAD 0.64 to the long term stock price potential.
In summary you get a long term TAM potential of around CAD 4.49. If you use 2009 as the valuation base when the Pine Point pilot project has commenced, and discount the stock price potential with a high 25 %, riskadjusted interest rate, you would get a 2007 price target of CAD 2.87.
As pointed out before though, TAM could ,at least partly, debt finance their projects, thus resulting in much less stock dilution and a higher price target. So in this respect my price target is conservative. Long term average metal prices for zinc and lead may, on the other hand, be significantly lower in the future than in the calculation above which used the Feb 2 2007. levels for zinc but a low, and much lower prices should reduce the discounted value significantly. However TAM could hedge metal prices probably for the whole pilot project at Pine Point.
The permitting issue should not be a very big obstacle due to the economic boost the project would result in. But it is the environmental authorities who actually can permit the project. and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either. The company has so far made a deal with one of the three aboriginal groups, so called First Nations, which now supports the project.
In summary the long term metal prices and the permitting process are most likely the most important risk factors this year, but the metal prices are also a long term potential especially for the pilot project, as long as especially China & India continue their fast economic growth. TAM also could hedge prices thus reducing risk substantially.
Short term we can look forward to a news release concerning the feasibility study where the whole pilot project will be thoroughly examined including all the important economical aspects. Maybe it will not be released until nafter Tamerlane has reached an agreement with all the three aboginial groups. The feasibility will most likely give a very positive outlook for the project as hinted in my calculations, and could cause the TAM stock price to reach a higher level, in spite of the recent stock price run, when the stock market sees that there is a real and significant potential left. Before permitting, TAM is a high risk stock although with still a very fine long term potential.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
April 19, 2007
This is a periodic update of activity related to EA0607-002 – the Pine Point Pilot Project (PPPP).
On April 12, 2007, the developer sent the Review Board a Deficiency Response document to address items identified by the Review Board's Deficiency Statement of January 22, 2007. The Review Board made a determination on April 19 that the additional material, providing it is incorporated into the Developer's Assessment Report (DAR), brings the DAR into conformity with the requirements of the Review Board’s Terms of Reference for this EA. The DAR will be distributed to all interested parties by the developer within the next couple of weeks.
Review Board staff have attempted to contact all parties that have expressed an interest in this development over the past several weeks to confirm interest in receiving the DAR, and to get proper mailing addresses for the developer to forward the DAR to. If you have concerns about whether you are on this distribution list, please contact Alistair MacDonald at the Review Board (see contact details below).
Subsequent to the release of the DAR, the Review Board will be sending out three items:
1. "Request for Party Status" forms - interested groups will be asked to fill out this form and return it to the Review Board if they would like to get official Party Status for this EA.
2. 1st Round Information Requests (IRs) - from the Review Board to the developer. These IRs will ask for additional information in areas that are still deficient after an examination of the DAR.
3. A "Technical Meetings Issues Questionnaire" - this questionnaire will be distributed by the Review Board to all interested parties. Parties will be asked to consider the DAR, and then provide feedback to the Review Board about: whether Technical Meetings are required on any issues, what specific questions need to be addressed in any Technical Meetings, and how they should be addressed. The Review Board will set a deadline for the return of these questionnaires, and use them to assist in its determination of whether Technical Meetings are required, and on what issues.
In addition, since the last Project Update on March 9, the following items have been placed on the website public registry:
· KFN letter of support for the PPPP - April 19, 2007
Contact me with any questions or requests for material.
Regards,
Alistair MacDonald
Environmental Assessment Officer
http://www.mveirb.nt.ca/upload/project_document/1177007021_p…
This is a periodic update of activity related to EA0607-002 – the Pine Point Pilot Project (PPPP).
On April 12, 2007, the developer sent the Review Board a Deficiency Response document to address items identified by the Review Board's Deficiency Statement of January 22, 2007. The Review Board made a determination on April 19 that the additional material, providing it is incorporated into the Developer's Assessment Report (DAR), brings the DAR into conformity with the requirements of the Review Board’s Terms of Reference for this EA. The DAR will be distributed to all interested parties by the developer within the next couple of weeks.
Review Board staff have attempted to contact all parties that have expressed an interest in this development over the past several weeks to confirm interest in receiving the DAR, and to get proper mailing addresses for the developer to forward the DAR to. If you have concerns about whether you are on this distribution list, please contact Alistair MacDonald at the Review Board (see contact details below).
Subsequent to the release of the DAR, the Review Board will be sending out three items:
1. "Request for Party Status" forms - interested groups will be asked to fill out this form and return it to the Review Board if they would like to get official Party Status for this EA.
2. 1st Round Information Requests (IRs) - from the Review Board to the developer. These IRs will ask for additional information in areas that are still deficient after an examination of the DAR.
3. A "Technical Meetings Issues Questionnaire" - this questionnaire will be distributed by the Review Board to all interested parties. Parties will be asked to consider the DAR, and then provide feedback to the Review Board about: whether Technical Meetings are required on any issues, what specific questions need to be addressed in any Technical Meetings, and how they should be addressed. The Review Board will set a deadline for the return of these questionnaires, and use them to assist in its determination of whether Technical Meetings are required, and on what issues.
In addition, since the last Project Update on March 9, the following items have been placed on the website public registry:
· KFN letter of support for the PPPP - April 19, 2007
Contact me with any questions or requests for material.
Regards,
Alistair MacDonald
Environmental Assessment Officer
http://www.mveirb.nt.ca/upload/project_document/1177007021_p…
Increased price target CAD 2.16 :
Tamerlane Ventures
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 3.16
Pine Point project presentation
This is a calculation of the long term price outlook for Tamerlane ventures, TAM stock assuming long term zinc and lead prices as of Feb 2 2007, USD 1.40/lb and USD 0.76/lb respectively around which time the prices hit bottom for 2007 thus far. For the Peru copper project a cautious USD 2/lb price is assumed far below the current copper market price. The copper project will generate revenues much later and therefore a metal price assumption now has more uncertainties built in.
The Tamerlane CEO is very experiencied and in fact worked as a geologist at Pine Point in Canada when the mine was producing a few decades back. The chairman of the board, with no or little executive responsiblity in Tamerlane, was involved in a mining company in the 1990-s when there was a tragic incident, which may affect her reputation negatively now, maybe not justified though since she was declared having no responsibility, at least according to my Internet googling of the incident. Others had responsibility though including certain authorities. She is though said to be very capable of raising funds for projects like this one. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane will use freezing technology in their pilot project to control ground water. There are examples of freezing rings functioning well, but Cameco´s Cigar Lake project had problems with freezing technology, but still they will use it as one of the messures among others to restore their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value at metal market price would be around USD 10.9 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level.
If you just would like a hint of the long term stock potential of TAM, let us take a look at this example of just the zinc&lead project. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % . That would leave TAM potential future nominal profits after tax of around USD 1.09-2.18 billion. The total production time is assumed to be around 30 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be around USD 363-726 million. The 2007 discounted value at 10 % interest rate, is around USD 186-373 million, if you approximate with all the earnings achieved 7 years from now on a weighted average base. At this moment there are only around 41 million diluted shares, but let us calculate with a heavy stock dilution for the total financing including for the copper project, to 80 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 2.63-5.26 in 2007 (with USD=1.13 CAD). So the stock potential has to be very high probably within that interval, even if the calculation assumes unchanged metal prices but on the other hand assumes a big stock dilution and only considers the roughly calculated discounted value of first 10 years of earnings.
Now if you examine the case within the more foreseeable future a little more close, the R – 190 pilot project is supposed to produce 0.110 million tons of zink and 0.0555 million tons of lead in around 1.5 years. The company then would have total revenues of about USD 432 million, corresponding to approximately CAD 325 million average per year, assuming metal market prices of Feb 2007. The total costs are very roughly assumed to be CAD 250 million per year, indicating profits before tax of around CAD 75 million and earnings per share of around CAD 0.61 after assumed 35 % tax and a heavy stock dilution up to 80 million shares. With a p/e ratio of 7 the long term potential would be CAD 4.27 On the other hand TAM should be able to debt finance at least a great part of the capital needed for their projects, thus resulting in far less stock dilution and a higher discounted value per share.
Tamerlane has optioned Los Pinos Copper Deposit in Peru. Total payment will be around USD 1 million. It has a historical resource of around 63 million tons with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. TAM plans to carry out a USD 1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for during the second quarter of 2007. The results will provide input for an NI 43-101 compliant technical report and the basis for an updated feasibility study. The possible profit from this project could be roughly but cautiously estimated from the historic feasibility showed plans for producing 25 million pound of copper per year corresponding to revenues of USD 50 million assuming just a USD 2 copper price compared to today´s levels around USD 3. Furthermore the copper resource is expandable. Assuming costs of USD 1.5/lb the earnings after tax would be USD 8.1 million corresponding to 0.115 CAD/share. I assume all capital costs are included with the stock dilution up to 80 million shares. A p/e 7 then would add CAD 0.80 to the long term stock price potential. I assume this profit is generated in 2011, discounted to CAD 0.66 2009, with a 10 % rate of interest.
In summary you get a 2009 long term TAM potential of around CAD 4.93.
If you use 2009 as the valuation base when the Pine Point pilot project has commenced, and discount the stock price potential with a high 25 %, riskadjusted interest rate, you would get a 2007 price target of CAD 3.16.
TAM could ,at least partly, debt finance their projects, thus resulting in less stock dilution and a higher price target. So in that respect my price target may be considered as conservative. Long term average metal prices for zinc and lead may, on the other hand, be significantly lower in the future than in the calculation above which used the Feb 2 2007. levels for zinc but a low, and much lower prices should reduce the discounted value significantly, but TAM could hedge metal prices probably for the whole pilot project at Pine Point.
The permitting issue should not be a very big obstacle due to the economic boost the project would result in, even if it is the environmental authorities that actually can permit the project, and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either. The company has so far made a deal with one of three aboriginal groups, so called First Nations, which now supports the project. Short term we can look forward to a news release concerning the feasibility study where the whole pilot project will be thoroughly examined including all the important economical aspects. Maybe it will not be released until after Tamerlane has reached an agreement with all the three aboginial groups. The feasibility will most likely give a very positive outlook for the project as hinted in my calculations, and could cause the TAM stock price to reach a higher level, in spite of the recent stock price run, when the stock market sees that there is a real and significant potential left. Before permitting, TAM will be a volatile stock although with still a very fine risk/reward ratio. The long term metal prices and the permitting process are most likely the other most important risk factors this year, but the metal prices are also a long term potential especially for the pilot project, as long as especially China & India continue their fast economic growth. Tamerlane can hedge prices thus reducing their risk substantially.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
Tamerlane Ventures
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 3.16
Pine Point project presentation
This is a calculation of the long term price outlook for Tamerlane ventures, TAM stock assuming long term zinc and lead prices as of Feb 2 2007, USD 1.40/lb and USD 0.76/lb respectively around which time the prices hit bottom for 2007 thus far. For the Peru copper project a cautious USD 2/lb price is assumed far below the current copper market price. The copper project will generate revenues much later and therefore a metal price assumption now has more uncertainties built in.
The Tamerlane CEO is very experiencied and in fact worked as a geologist at Pine Point in Canada when the mine was producing a few decades back. The chairman of the board, with no or little executive responsiblity in Tamerlane, was involved in a mining company in the 1990-s when there was a tragic incident, which may affect her reputation negatively now, maybe not justified though since she was declared having no responsibility, at least according to my Internet googling of the incident. Others had responsibility though including certain authorities. She is though said to be very capable of raising funds for projects like this one. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane will use freezing technology in their pilot project to control ground water. There are examples of freezing rings functioning well, but Cameco´s Cigar Lake project had problems with freezing technology, but still they will use it as one of the messures among others to restore their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value at metal market price would be around USD 10.9 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level.
If you just would like a hint of the long term stock potential of TAM, let us take a look at this example of just the zinc&lead project. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % . That would leave TAM potential future nominal profits after tax of around USD 1.09-2.18 billion. The total production time is assumed to be around 30 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be around USD 363-726 million. The 2007 discounted value at 10 % interest rate, is around USD 186-373 million, if you approximate with all the earnings achieved 7 years from now on a weighted average base. At this moment there are only around 41 million diluted shares, but let us calculate with a heavy stock dilution for the total financing including for the copper project, to 80 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 2.63-5.26 in 2007 (with USD=1.13 CAD). So the stock potential has to be very high probably within that interval, even if the calculation assumes unchanged metal prices but on the other hand assumes a big stock dilution and only considers the roughly calculated discounted value of first 10 years of earnings.
Now if you examine the case within the more foreseeable future a little more close, the R – 190 pilot project is supposed to produce 0.110 million tons of zink and 0.0555 million tons of lead in around 1.5 years. The company then would have total revenues of about USD 432 million, corresponding to approximately CAD 325 million average per year, assuming metal market prices of Feb 2007. The total costs are very roughly assumed to be CAD 250 million per year, indicating profits before tax of around CAD 75 million and earnings per share of around CAD 0.61 after assumed 35 % tax and a heavy stock dilution up to 80 million shares. With a p/e ratio of 7 the long term potential would be CAD 4.27 On the other hand TAM should be able to debt finance at least a great part of the capital needed for their projects, thus resulting in far less stock dilution and a higher discounted value per share.
Tamerlane has optioned Los Pinos Copper Deposit in Peru. Total payment will be around USD 1 million. It has a historical resource of around 63 million tons with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. TAM plans to carry out a USD 1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for during the second quarter of 2007. The results will provide input for an NI 43-101 compliant technical report and the basis for an updated feasibility study. The possible profit from this project could be roughly but cautiously estimated from the historic feasibility showed plans for producing 25 million pound of copper per year corresponding to revenues of USD 50 million assuming just a USD 2 copper price compared to today´s levels around USD 3. Furthermore the copper resource is expandable. Assuming costs of USD 1.5/lb the earnings after tax would be USD 8.1 million corresponding to 0.115 CAD/share. I assume all capital costs are included with the stock dilution up to 80 million shares. A p/e 7 then would add CAD 0.80 to the long term stock price potential. I assume this profit is generated in 2011, discounted to CAD 0.66 2009, with a 10 % rate of interest.
In summary you get a 2009 long term TAM potential of around CAD 4.93.
If you use 2009 as the valuation base when the Pine Point pilot project has commenced, and discount the stock price potential with a high 25 %, riskadjusted interest rate, you would get a 2007 price target of CAD 3.16.
TAM could ,at least partly, debt finance their projects, thus resulting in less stock dilution and a higher price target. So in that respect my price target may be considered as conservative. Long term average metal prices for zinc and lead may, on the other hand, be significantly lower in the future than in the calculation above which used the Feb 2 2007. levels for zinc but a low, and much lower prices should reduce the discounted value significantly, but TAM could hedge metal prices probably for the whole pilot project at Pine Point.
The permitting issue should not be a very big obstacle due to the economic boost the project would result in, even if it is the environmental authorities that actually can permit the project, and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either. The company has so far made a deal with one of three aboriginal groups, so called First Nations, which now supports the project. Short term we can look forward to a news release concerning the feasibility study where the whole pilot project will be thoroughly examined including all the important economical aspects. Maybe it will not be released until after Tamerlane has reached an agreement with all the three aboginial groups. The feasibility will most likely give a very positive outlook for the project as hinted in my calculations, and could cause the TAM stock price to reach a higher level, in spite of the recent stock price run, when the stock market sees that there is a real and significant potential left. Before permitting, TAM will be a volatile stock although with still a very fine risk/reward ratio. The long term metal prices and the permitting process are most likely the other most important risk factors this year, but the metal prices are also a long term potential especially for the pilot project, as long as especially China & India continue their fast economic growth. Tamerlane can hedge prices thus reducing their risk substantially.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
Hmm, you can´t edit I think...
Price target CAD 3.16 !!!
Price target CAD 3.16 !!!
May 2, 2007
Tamerlane Ventures is pleased to announce that the Company has finalized an engineering contract for the freeze development of the R-190 deposit for the Pine Point Project, located in the Northwest Territories, Canada. Tamerlane has contracted Layne Christensen Company to carry out engineering and design of the freeze perimeter, which is a major component of the development of the R-190 deposit.
Tamerlane's proposed freeze perimeter will employ ground freezing techniques that have been used extensively for groundwater control and excavation support in the underground construction industry for over 100 years.
Work to be performed by Layne Christensen will include the engineering design of the freeze system for the R-190 Deposit.
Ross Burns, President & CEO, said: "We are pleased that we have selected Layne Christensen Company for the freeze perimeter work. This represents another significant step toward putting Pine Point back into production. As previously announced, the results of the feasibility study are expected to be released in the near future."
http://biz.yahoo.com/ccn/070502/200705020387958001.html?.v=1
Tamerlane Ventures is pleased to announce that the Company has finalized an engineering contract for the freeze development of the R-190 deposit for the Pine Point Project, located in the Northwest Territories, Canada. Tamerlane has contracted Layne Christensen Company to carry out engineering and design of the freeze perimeter, which is a major component of the development of the R-190 deposit.
Tamerlane's proposed freeze perimeter will employ ground freezing techniques that have been used extensively for groundwater control and excavation support in the underground construction industry for over 100 years.
Work to be performed by Layne Christensen will include the engineering design of the freeze system for the R-190 Deposit.
Ross Burns, President & CEO, said: "We are pleased that we have selected Layne Christensen Company for the freeze perimeter work. This represents another significant step toward putting Pine Point back into production. As previously announced, the results of the feasibility study are expected to be released in the near future."
http://biz.yahoo.com/ccn/070502/200705020387958001.html?.v=1
vorgestern wurde auch der JA 2006 veröffentlicht
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issu…
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issu…
Eine Nachricht die wichtig ist und die mich ziemlich erleichtert (siehe anfängliche Probleme mit DKFN)
Tamerlane Reaches Agreement With the Deninu K'ue First Nation
BLAINE, WASHINGTON, May 10, 2007 (CCNMatthews via COMTEX News Network) --
Tamerlane Ventures Inc. (TSX VENTURE:TAM) is pleased to announce that a business agreement with the Deninu K'ue First Nation (DKFN) has been signed. The agreement outlines job and business opportunities to the Deninu K'ue First Nation for the Pine Point Project and ensures a long lasting relationship between Tamerlane and DKFN.
Chief Bill Norn from the Deninu K'ue First Nation states, "We are pleased that our Nation has employment and business opportunities, and that we will benefit from the resources in our area."
Ross Burns, President & CEO, said: "We are extremely pleased to be continuing a mutually beneficial relationship with the Deninu K'ue people and look forward to working with them as we develop our Pine Point Project."
Ross F. Burns, President & CEO
SOURCE: Tamerlane Ventures Inc.
Tamerlane Reaches Agreement With the Deninu K'ue First Nation
BLAINE, WASHINGTON, May 10, 2007 (CCNMatthews via COMTEX News Network) --
Tamerlane Ventures Inc. (TSX VENTURE:TAM) is pleased to announce that a business agreement with the Deninu K'ue First Nation (DKFN) has been signed. The agreement outlines job and business opportunities to the Deninu K'ue First Nation for the Pine Point Project and ensures a long lasting relationship between Tamerlane and DKFN.
Chief Bill Norn from the Deninu K'ue First Nation states, "We are pleased that our Nation has employment and business opportunities, and that we will benefit from the resources in our area."
Ross Burns, President & CEO, said: "We are extremely pleased to be continuing a mutually beneficial relationship with the Deninu K'ue people and look forward to working with them as we develop our Pine Point Project."
Ross F. Burns, President & CEO
SOURCE: Tamerlane Ventures Inc.
Tamerlane Ventures wird seit heute auch in Deutschalnd notiert. An der Börse Berlin-Bremen.
Antwort auf Beitrag Nr.: 29.442.384 von medimmune am 23.05.07 21:04:24Sogar an der Frankfurter Börse !
Es hat aber bisher noch kein Umsatz stattgefunden.
Es hat aber bisher noch kein Umsatz stattgefunden.
Kam noch ne Meldung nach Börsenschluß:
Tamerlane Ventures to acquire Los Pinos copper deposit
2007-06-15 16:18 ET - Property Agreement
The TSX Venture Exchange has accepted for filing documentation of an option agreement dated March 21, 2007, between the issuer and Luis Valdiviezo and Amanda Alarco whereby the issuer may acquire a 100-per-cent interest in the Los Pinos copper deposit located in the coastal cordillera of southern Peru.
Tamerlane Ventures to acquire Los Pinos copper deposit
2007-06-15 16:18 ET - Property Agreement
The TSX Venture Exchange has accepted for filing documentation of an option agreement dated March 21, 2007, between the issuer and Luis Valdiviezo and Amanda Alarco whereby the issuer may acquire a 100-per-cent interest in the Los Pinos copper deposit located in the coastal cordillera of southern Peru.
Noch alle Mann an Bord? Ich bin nach wie vor voll investiert und war wie viele von euch in den letzten Monaten stiller Beobachter.
Mit dem Verlauf des Genehmigungsprozess bin ich bisher zufrieden. Nach Beobchtung der MVERIB website habe ich den Eindruck, dass David Swisher in den vergangenen Monaten sehr gute Arbeit geleistet hat. Alle lokalen Gruppen stehen inzwischen hinter dem Projekt, Fragen die sich aus dem DAR ergaben wurden zügig und ausführlich beantwortet. In einem Statement vom 14.06. bestätigte Indian and Northern Affairs Canada (INAC), dass die Pine Point Mine (TechCominco bis 1987) keinen Einfluss auf die Wasserqualität der Region hatte. Die Pläne für die Verladestation auf die Schiene Richtung Edmonton wurden verändert und damit der Weg für die Trucks verkürzt. Die Verhandlungen mit den Banken über die Finanzierung sollen laut IR bereits im fortgeschrittenen Stadium sein.
Heute findet das Annual General Meeting statt und seit heute ist nun auch die neue Website online:
www.tamerlaneventures.com
Mit dem Verlauf des Genehmigungsprozess bin ich bisher zufrieden. Nach Beobchtung der MVERIB website habe ich den Eindruck, dass David Swisher in den vergangenen Monaten sehr gute Arbeit geleistet hat. Alle lokalen Gruppen stehen inzwischen hinter dem Projekt, Fragen die sich aus dem DAR ergaben wurden zügig und ausführlich beantwortet. In einem Statement vom 14.06. bestätigte Indian and Northern Affairs Canada (INAC), dass die Pine Point Mine (TechCominco bis 1987) keinen Einfluss auf die Wasserqualität der Region hatte. Die Pläne für die Verladestation auf die Schiene Richtung Edmonton wurden verändert und damit der Weg für die Trucks verkürzt. Die Verhandlungen mit den Banken über die Finanzierung sollen laut IR bereits im fortgeschrittenen Stadium sein.
Heute findet das Annual General Meeting statt und seit heute ist nun auch die neue Website online:
www.tamerlaneventures.com
Antwort auf Beitrag Nr.: 30.401.232 von medimmune am 29.06.07 22:55:26Bin auch weiter dabei und wir haben noch hohe Gewinne vor uns.
TAM ist z.B. spottbillig im Vergleich zum Zinkexplorer Tennant Creek in Australien, die gerade ein paar 100 % gemacht haben.
TAM ist z.B. spottbillig im Vergleich zum Zinkexplorer Tennant Creek in Australien, die gerade ein paar 100 % gemacht haben.
Antwort auf Beitrag Nr.: 30.477.010 von Urlaub2 am 03.07.07 21:29:42TAM heute wirklich saustark !
Gegen den schwachen Wallstreet-Trend + 12 % auf 1,93 cad.
Gegen den schwachen Wallstreet-Trend + 12 % auf 1,93 cad.
Antwort auf Beitrag Nr.: 30.623.694 von Urlaub2 am 10.07.07 22:51:58Yep, da kommt Freude auf. Auch wenn TAM hauptsächlich ein Zink-Wert ist, so sollte man die Preisentwicklung beim Blei auch nicht ganz aus den Augen verlieren.
Nochmals Danke an medimmune und einen anderen ehemaligen TAM-Aktionär, dass ihr mich auf die Aktie aufmerksam gemacht habt. Nach der Meldung von gestern bin ich leider recht sicher, dass wir bei Slam Exploration vera...t werden
Nochmals Danke an medimmune und einen anderen ehemaligen TAM-Aktionär, dass ihr mich auf die Aktie aufmerksam gemacht habt. Nach der Meldung von gestern bin ich leider recht sicher, dass wir bei Slam Exploration vera...t werden
Während meines letzten Urlaubs im April wurde die Marke von 1€ geknackt, jetzt ist die 2 fällig
Merkt euch schon mal die erste Oktoberhälfte vor, wenn das so weitergeht, dann geht es dann über die 3.
Hier noch ein interessanter Kommentar über TAM als mögliches Ziel einer Übernahme.
http://www.goldworld.com/articles/gold-companies-takeover/14…" target="_blank" rel="nofollow ugc noopener">http://www.goldworld.com/articles/gold-companies-takeover/14…
Antwort auf Beitrag Nr.: 30.637.020 von noch-n-zocker am 11.07.07 18:53:14@nnz:
2 € sind´s dann zwar leider noch nicht, aber mit 2 $ sind wir genügsamen Leute ja auch schon zufrieden. Wenn das mit der 3 im Zusammenhang mit Deinem nächsten Urlaub klappt, zahl ich Dir im Dezember den nächsten.
Wann ist eigentlich mal wieder ein Treffen der Bondboardler und bist Du dabei ? Das könnte doch dann die nächste Reise werden.
Bye, Q
2 € sind´s dann zwar leider noch nicht, aber mit 2 $ sind wir genügsamen Leute ja auch schon zufrieden. Wenn das mit der 3 im Zusammenhang mit Deinem nächsten Urlaub klappt, zahl ich Dir im Dezember den nächsten.
Wann ist eigentlich mal wieder ein Treffen der Bondboardler und bist Du dabei ? Das könnte doch dann die nächste Reise werden.
Bye, Q
Übernahme ja, aber bitte im Moment noch nicht. TAM hat die Chance auf zweistellige Kurse. Sollte der Zulassungsprozess wie geplant verlaufen und man in 2009 500 Millionen $ Umsatz machen, dann dürften bei später 50M Aktien fully diluted und einem angenommenen KUV von 2 Kurse von 20$ möglich sein. Bis dahin ist es aber noch ein weiter Weg. Die nächste Etappe ist die Veröffentlichung der FS. Die letzte Metis Group scheint schwieriger zu gewinnen zu sein als erhofft. Es kann sein, dass man die FS bis zum agreement mit dieser letzten lokalen Gruppe zurückhält. Ich glaube die FS ist längst fertig.
Antwort auf Beitrag Nr.: 30.649.136 von medimmune am 12.07.07 09:51:23Richtig, eine größere Verwässerung kann vermieden werden, indem man einen Kredit aufnimmt.
Die Berechnung für das Kursziel würde ich aber lieber auf KGV-Basis machen.
Die Berechnung für das Kursziel würde ich aber lieber auf KGV-Basis machen.
Antwort auf Beitrag Nr.: 30.645.592 von Qnibert am 12.07.07 01:51:22Nachdem ich mir im Urlaub schon 2 Stunden pro Tag "Bob der Baumeister"-Kassetten anhören musste, hatte ich von Rollo die Nase gestrichen voll 
Und jetzt stoppt Rollo auch noch den Höhenflug von TAM 
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces that it has granted a total of 585,000 stock options, of which 100,000 stock options were granted to an officer of the Company. The stock options are exercisable into common shares of Tamerlane at an exercise price of C$2.45 per share for a period of five years. Tamerlane’s common shares closed at C$2.45 on the TSX Venture Exchange on July 16, 2007.
Tamerlane has 38,370,574 common shares issued and outstanding. Under the terms of the Company’s “rolling” Incentive Stock Option Plan, a maximum of 3,837,057 shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 585,000 options, a total of 2,726,000 shares have been reserved for issuance pursuant to outstanding option grants. A further 1,111,057 shares are available for issuance pursuant to future option grants at this time.
Tamerlane advises that Diana Rollo, Chief Financial Officer, has left the Company. The Company intends to conduct a search for a new Chief Financial Officer immediately. In the meantime, Margaret Kent will assume the responsibilities of Chief Financial Officer.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
E-mail: bjones@tamerlaneventures.comThis email address is being protected from spam bots, you need Javascript enabled to view it
Phone: (360) 332-4653
Fax: (360) 332-4652
Website: www.tamerlaneventures.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
Wann ist eigentlich mal wieder ein Treffen der Bondboardler und bist Du dabei ?
Auf dem Bondboard fühle ich mich seit Monaten extrem unwohl. Aber vielleicht können wir ja nächstes Jahr ein kleines Tamerlane-Tenbagger-Treffen organisieren.
Und jetzt stoppt Rollo auch noch den Höhenflug von TAM 
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces that it has granted a total of 585,000 stock options, of which 100,000 stock options were granted to an officer of the Company. The stock options are exercisable into common shares of Tamerlane at an exercise price of C$2.45 per share for a period of five years. Tamerlane’s common shares closed at C$2.45 on the TSX Venture Exchange on July 16, 2007.
Tamerlane has 38,370,574 common shares issued and outstanding. Under the terms of the Company’s “rolling” Incentive Stock Option Plan, a maximum of 3,837,057 shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 585,000 options, a total of 2,726,000 shares have been reserved for issuance pursuant to outstanding option grants. A further 1,111,057 shares are available for issuance pursuant to future option grants at this time.
Tamerlane advises that Diana Rollo, Chief Financial Officer, has left the Company. The Company intends to conduct a search for a new Chief Financial Officer immediately. In the meantime, Margaret Kent will assume the responsibilities of Chief Financial Officer.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
E-mail: bjones@tamerlaneventures.comThis email address is being protected from spam bots, you need Javascript enabled to view it
Phone: (360) 332-4653
Fax: (360) 332-4652
Website: www.tamerlaneventures.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
Wann ist eigentlich mal wieder ein Treffen der Bondboardler und bist Du dabei ?
Auf dem Bondboard fühle ich mich seit Monaten extrem unwohl. Aber vielleicht können wir ja nächstes Jahr ein kleines Tamerlane-Tenbagger-Treffen organisieren.
Ich denke die gute Rollo mußte wegen CMM gehen. TAM war ja nur ein Minijob daneben für sie. Das äußert aggressive und fragwürdige accounting bei CMM hat wohl sein übriges getan.
Ich glaube das allein, sowie innerhalb weniger Wochen die zweiten Optiongrants hätten TAM noch nicht den gar ausgemacht.
Das hat glaube ich die Ankündigung, daß PK CFO wird und somit operativ tätig.
Wir kennen alle ihre Fähigkeiten.
Ich glaube das allein, sowie innerhalb weniger Wochen die zweiten Optiongrants hätten TAM noch nicht den gar ausgemacht.
Das hat glaube ich die Ankündigung, daß PK CFO wird und somit operativ tätig.
Wir kennen alle ihre Fähigkeiten.
ich könnte mir auch vorstellen, daß die Übernahme des Postens durch Maggie Kent Auslöser für den Kursrückgang war. Betrachtet man deren Wirken bei CMM, scheint Skepsis durchaus angebracht
Antwort auf Beitrag Nr.: 30.756.631 von MFC500 am 19.07.07 10:47:52Ist TAM so gut, dass auch "Peggy Sue" den Anstieg nicht verhindern kann? Oder sind ihre "Qualitäten" noch nicht allgemein bekannt?
Man darf es imho mit dem "Personenkult" nicht übertreiben. Ich habe vor einem Jahr die Blue Pearl nicht gekauft, weil Frick seine Finger mit drin hatte. War mir ne teure Lehre
Ich habe CMM immer nur aus sicherer Entfernung beobachtet und kenne die Story nur oberflächlich. Bei TAM steuern wir auf die PFS zu und die Base Metals kennen nur eine Richtung. Das sollte wichtiger sein als die Frage, wie der CFO heißt. Ich gebe Dir allerdings insofern recht, dass es sehr unprofessionell aussieht, wenn der CFO die Brocken hinwirft und sich das Unternehmen daraufhin erstmal auf die Suche nach Ersatz begibt.
Man darf es imho mit dem "Personenkult" nicht übertreiben. Ich habe vor einem Jahr die Blue Pearl nicht gekauft, weil Frick seine Finger mit drin hatte. War mir ne teure Lehre
Ich habe CMM immer nur aus sicherer Entfernung beobachtet und kenne die Story nur oberflächlich. Bei TAM steuern wir auf die PFS zu und die Base Metals kennen nur eine Richtung. Das sollte wichtiger sein als die Frage, wie der CFO heißt. Ich gebe Dir allerdings insofern recht, dass es sehr unprofessionell aussieht, wenn der CFO die Brocken hinwirft und sich das Unternehmen daraufhin erstmal auf die Suche nach Ersatz begibt.
Antwort auf Beitrag Nr.: 30.815.450 von noch-n-zocker am 23.07.07 18:08:16das kannst du nicht vergleichen. In einem Fall, Blue Pearl, hat ein zweifelhafter "Guru" die Aktie empfohlen, im anderen Fall, CMM ist eine offensichtlich überforderte (oder unfähige) Managerin am Ruder und beeinflusst das operative Geschehen. Gerade weil ich die Entwicklung bei CMM schon länger verfolge und zwischenzeitlöich auch investiert war, bin ich nicht begeistert, wenn M. Kent hier nun eine maßgeblichere Rolle spielen soll. Davon abgesehen weiß man natürlich nie bzw erfährt es ggf erst hinterher, warum ein CFO gegangen ist oder wurde.
Antwort auf Beitrag Nr.: 30.815.599 von MFC500 am 23.07.07 18:20:18Was Peggy bei CMM treibt, kann ich nicht beurteilen. Hier übrigens ein aktuelles Research zu der Aktie
http://www.qiscapital.com/images/RRCMM0707.pdf
Bei TAM scheint das Management aber sehr fokussiert auf Pine Point zu sein. Nach den Erfahrungen, die ich in den letzten 2 Jahren mit Explorern gemacht habe, ist Fokussierung für mich das entscheidende Kriterium. Wann immer diese Kleinunternehmer versucht haben, mehrere Projekte gleichzeitig voranzubringen, ist das schief gegangen (okay, mein Portfolio mag nicht repräsentativ sein) und daraus mag die Überforderung von Peggy bei CMM herrühren. Ich gehe auch davon aus, dass ihr Engagement als CFO nur von kurzer Dauer sein wird.
http://www.qiscapital.com/images/RRCMM0707.pdf
Bei TAM scheint das Management aber sehr fokussiert auf Pine Point zu sein. Nach den Erfahrungen, die ich in den letzten 2 Jahren mit Explorern gemacht habe, ist Fokussierung für mich das entscheidende Kriterium. Wann immer diese Kleinunternehmer versucht haben, mehrere Projekte gleichzeitig voranzubringen, ist das schief gegangen (okay, mein Portfolio mag nicht repräsentativ sein) und daraus mag die Überforderung von Peggy bei CMM herrühren. Ich gehe auch davon aus, dass ihr Engagement als CFO nur von kurzer Dauer sein wird.
Antwort auf Beitrag Nr.: 30.829.220 von noch-n-zocker am 24.07.07 16:24:21nnz,
du hast es vermutlich nicht so gemeint, aber "Personenkult" ist ja gerade das Gegenteil dieses Falls, nämlich (oft übertriebener) Optimismus, der sich irgendwann rächt - gutes Beispiel ist tatsächlich Frick. Der allerdings schaffte es offensichtlich kaum, eine erfolgreiche Firma zu ruinieren.
Hier aber geht es um eine Person, die eher weniger Anhänger hat, dafür umso weniger Vertrauen genießt und hervorragende Managementqualitäten auch hervorragend versteckt.
Lies mal die Threads zu CMM der letzten beiden Monate bei w:o und im Bullboard quer, da werden die Vorbehalte gegen sie schnell sichtbar. Momentan ist CMM ja eher eine "spannende Schadensersatzstory" und wird es wohl noch eine Weile bleiben.
Der letzte Satz der von dir verlinkten Analyse lautet denn auch
Investors should be cognoscente of the litigation procedures mentioned above. - made by Peggy Kent.
Gruß, Ohuhn
du hast es vermutlich nicht so gemeint, aber "Personenkult" ist ja gerade das Gegenteil dieses Falls, nämlich (oft übertriebener) Optimismus, der sich irgendwann rächt - gutes Beispiel ist tatsächlich Frick. Der allerdings schaffte es offensichtlich kaum, eine erfolgreiche Firma zu ruinieren.
Hier aber geht es um eine Person, die eher weniger Anhänger hat, dafür umso weniger Vertrauen genießt und hervorragende Managementqualitäten auch hervorragend versteckt.
Lies mal die Threads zu CMM der letzten beiden Monate bei w:o und im Bullboard quer, da werden die Vorbehalte gegen sie schnell sichtbar. Momentan ist CMM ja eher eine "spannende Schadensersatzstory" und wird es wohl noch eine Weile bleiben.
Der letzte Satz der von dir verlinkten Analyse lautet denn auch
Investors should be cognoscente of the litigation procedures mentioned above. - made by Peggy Kent.
Gruß, Ohuhn
Die Stärke von TAM in diesem schwierigen Umfeld ist beeindruckend. Ich habe extra etwas cash geparkt, um evtl. noch mal nachlegen zu können, aber so wird das wohl nix. Ich sehe den Dax noch bis ca. 7200 korrigieren, den Dow vielleicht bis 13.000, aber wahrscheinlich gibt´s TAM dann immer noch nicht unter 2,40.
Schon erstaunlich, worüber man unzufrieden sein kann.
Bye, Q
Schon erstaunlich, worüber man unzufrieden sein kann.
Bye, Q
The Case for TAM: Investment Opportunity of a Lifetime (from investorvillage.com)
The price of lead is about $1.40 at the spot. Zinc is $1.50 at the spot. Both metals had inventories drop again this morning. Zinc is at a 5 year low in LME inventories. This is in fact an all time low for LME zinc inventories as per slide 3 of the TAM presentation. Lead is within 6,000 tonnes of a 5 year low. (LME dropped 1200 tonnes worth of lead inventory since yesterday...so at this pace it will also be at a 5 year low potentially in the next 2 weeks.)
TAM is being set up to operate a massive operation with 70 million tonnes of ore containing lead and zinc. One such deposit has 1 million tonnes of ore. This ore is comprised of 12.1% zinc and 6.3% lead.
That comes out to:
121,000 tonnes (266,684,000 lbs) of zinc.
63,000 tonnes (138,852,000 lbs) of lead.
Assume 90% of the above amounts are recoverable generating:
108,900 tonnes (240,015,600 lbs) of zinc (Keep in Mind Company Targets 110,000 tonnes zinc from R-190)
56,700 tonnes (124,966,800 lbs) of lead (Keep in Mind Company Targets 55,000 tonnes lead from R-190)
Note: Since company is targeting less than 90% recovery rate on lead lets go ahead and tweak the recoverable lead down from 56,700 tonnes to 55,000 tonnes as per the company press release dated May 15, 2006.
Assume 35% of that goes to the smelter for fee (including shipping and opex costs). This leaves:
70,785 tonnes (156,010,140 lbs) of zinc payable
35,750 tonnes ( 78,793,000 lbs) of lead payable
Based on the current spot price of $1.50 zinc and $1.40 lead Earnings before taxes come out to:
$234,015,210 (zinc)
$110,310,200 (lead)
$344,325,410 (Total)
Assume 30% tax rate. Below is our net income:
$241,027,787 Net Income
Assume 60 million shares f.d. EPS would be as follows:
$4.01 EPS
Folks, that is $4.01 Earnings Per Share from the R-190 deposit. This is assuming it takes 1 year to mine the R-190. If it takes 15 months* to mine the R-190 then annualized EPS would be $3.20**. Put a multiple of 5X earnings (can you say conservative?) on the $3.20 annualized earnings (assuming the more conservative 15 month production profile) and we have a target share price of $16.
Every assumption used in this mathematical exercise is conservative. I know Crucible would love to bat me over the head for using an ultra conservative 35% smelter fee. The only reason I used the 35% smelter fee is because this is the arrangement that BMC has with their smelter. Keep in mind that these computations assume current spot price. If inventories continue to fall and the supply can not keep up with demand ( highly likely) then revenues, cashflow, net income and most importantly eps will be much higher. As the company moves from being extremely profitable to obscenely profitable the valuation multiples will also expand. Effectively we will have a double barrel effect whereby the earnings will be increasing at the same time the earnings multiples are expanding. Essentially we have a target price of $16 that could end of being an obscene low ball figure. Current share price is $2.37 U.S. You are looking down the barrel of a 6.7 bagger. If worldwide demand for zinc and lead continues to grow like I think it will coupled with the challenges of supply we easily have a 15+ bagger in TAM based on current share price.
If we assume TAM could continue the production rate of 156,010,140 lbs payable zinc and 78,793,000 lbs payable lead per 15 months or 187,842,512 lbs (85,228 tonnes) per year lead and zinc then we have an investment opportunity of a lifetime.
The price of lead is about $1.40 at the spot. Zinc is $1.50 at the spot. Both metals had inventories drop again this morning. Zinc is at a 5 year low in LME inventories. This is in fact an all time low for LME zinc inventories as per slide 3 of the TAM presentation. Lead is within 6,000 tonnes of a 5 year low. (LME dropped 1200 tonnes worth of lead inventory since yesterday...so at this pace it will also be at a 5 year low potentially in the next 2 weeks.)
TAM is being set up to operate a massive operation with 70 million tonnes of ore containing lead and zinc. One such deposit has 1 million tonnes of ore. This ore is comprised of 12.1% zinc and 6.3% lead.
That comes out to:
121,000 tonnes (266,684,000 lbs) of zinc.
63,000 tonnes (138,852,000 lbs) of lead.
Assume 90% of the above amounts are recoverable generating:
108,900 tonnes (240,015,600 lbs) of zinc (Keep in Mind Company Targets 110,000 tonnes zinc from R-190)
56,700 tonnes (124,966,800 lbs) of lead (Keep in Mind Company Targets 55,000 tonnes lead from R-190)
Note: Since company is targeting less than 90% recovery rate on lead lets go ahead and tweak the recoverable lead down from 56,700 tonnes to 55,000 tonnes as per the company press release dated May 15, 2006.
Assume 35% of that goes to the smelter for fee (including shipping and opex costs). This leaves:
70,785 tonnes (156,010,140 lbs) of zinc payable
35,750 tonnes ( 78,793,000 lbs) of lead payable
Based on the current spot price of $1.50 zinc and $1.40 lead Earnings before taxes come out to:
$234,015,210 (zinc)
$110,310,200 (lead)
$344,325,410 (Total)
Assume 30% tax rate. Below is our net income:
$241,027,787 Net Income
Assume 60 million shares f.d. EPS would be as follows:
$4.01 EPS
Folks, that is $4.01 Earnings Per Share from the R-190 deposit. This is assuming it takes 1 year to mine the R-190. If it takes 15 months* to mine the R-190 then annualized EPS would be $3.20**. Put a multiple of 5X earnings (can you say conservative?) on the $3.20 annualized earnings (assuming the more conservative 15 month production profile) and we have a target share price of $16.
Every assumption used in this mathematical exercise is conservative. I know Crucible would love to bat me over the head for using an ultra conservative 35% smelter fee. The only reason I used the 35% smelter fee is because this is the arrangement that BMC has with their smelter. Keep in mind that these computations assume current spot price. If inventories continue to fall and the supply can not keep up with demand ( highly likely) then revenues, cashflow, net income and most importantly eps will be much higher. As the company moves from being extremely profitable to obscenely profitable the valuation multiples will also expand. Effectively we will have a double barrel effect whereby the earnings will be increasing at the same time the earnings multiples are expanding. Essentially we have a target price of $16 that could end of being an obscene low ball figure. Current share price is $2.37 U.S. You are looking down the barrel of a 6.7 bagger. If worldwide demand for zinc and lead continues to grow like I think it will coupled with the challenges of supply we easily have a 15+ bagger in TAM based on current share price.
If we assume TAM could continue the production rate of 156,010,140 lbs payable zinc and 78,793,000 lbs payable lead per 15 months or 187,842,512 lbs (85,228 tonnes) per year lead and zinc then we have an investment opportunity of a lifetime.
Antwort auf Beitrag Nr.: 31.027.888 von medimmune am 05.08.07 12:43:09Ich geb ja zu, dass ich TAM seit ca. 60 Cent hinterherschaue (erst konnte ich über den S-Broker nicht handeln, und als die es dann endlich geschaftt hatten, lag TAM bei knapp 1,50 und da mochte ich dann auch nicht mehr), aber woher kommen bloß diese verdammten 70 Mio t ??? Wenn ich das irgendwo bei TAM selbst gelesen hätte - also mehr oder weniger offiziell bestätigt, auch wenn's nur historische Ressource wären, hätte ich doch auch bei 1,50 noch gekauft. Mehr als Ausagen über 5 Mio t historische Ressourcen auf der TAM-website konnte ich bisher einfach nicht finden.
Gruß Cutter
Gruß Cutter
Antwort auf Beitrag Nr.: 31.048.220 von Cutter_Slade am 06.08.07 11:25:16einen diesbezüglichen Hinweis findest du z.B. hier:
http://www.tamerlaneventures.com/index.php?option=com_conten…
(letzter Absatz)
http://www.tamerlaneventures.com/index.php?option=com_conten…
(letzter Absatz)
Aus dem Arafura-Thread. Da bekommt das gute alte Zink plötzlich auch noch High-Tech-Charakter.
#7938 von RMINCONSULT 06.08.07 12:42:37 Beitrag Nr.: 31.049.241
Dieses Posting: versenden | melden | drucken | Antwort schreiben | ARAFURA RESOURCES
Ganz aktuelles Fundstück:
diese Entwicklung wird wohl für Umbrüche sorgen; REE sind in diesen Übergangsmetallverbindungen etwa mit 5% enthalten. Zink-Lagerstätten werden somit, nicht nur wegen des enthaltenen Indiums (Solarenergie)an Bedeutung zunehmen.
Das faszinierende ist die Möglichkeit, eines Tages exakt maßgeschneiderte Übergangsmetallverbindungen herzustellen.
Wally ist Physiker und sollte in Hongkong unter Mitnahme dieses kleinen Hinweises schon einmal auf den Busch klopfen, vielleicht kann man erfahren, welche start ups in den USA solche Verbindungen demnächst herstellen werden.
Welche Auswirkungen wird dies auf den REE-Markt in seiner Gesamtheit haben?
Welche REE werden bevorzugt in der kristallographischen Struktur Verwendung finden?
Es werden jetzt nach der grundsätzlichen Entdeckung dieser Verbindungsklasse, die ja eigentlich bekannt war, nur die magnetischen Eigenschaften hatte man noch nicht gemessen, also es werden in den nächsten Jahren unzählige Publikationen über diese RT2Zn20-Klasse erscheinen. Die Formel ist so zu lesen, dass in der kleinsten Baueinheit der Struktur, der Elementarzelle, immer 20 Zinkatome, 2 Übergangsmetallatome und 1 Seltenerd-Atom enthalten sind. Je nachdem welches SE-Metall nun eingesetzt wird kann der Anteil zwischen 3 und 5% schwanken.
Viele Einsatzgebiete der SE bleiben davon unberührt, aber gerade diejenigen Verwendungen sind zu beachten, wo die magnetochemischen Eigenschaften zum Tragen kommen.
Halten wir also Augen und Ohren offen, da scheint ein möglicher Technologiesprung ins Haus zu stehen!
Die offene Frage TTM - time to market! So wie es sich liest, wird es schnell gehen.
R&D
Rethinking zinc
Scientists at Ames Laboratory, Ames, USA, have created a new family of zinc compounds that they say will aid fundamental research in fields such as ferromagnetism.
The compounds are tuned and manipulated to take on the physical properties and behaviour of a range of materials such as palladium and copper. By understanding these characteristics, researchers hope that new products or processes will follow. The materials comprise 85% zinc, rare earth elements (R) and transition metals (T). These RT2Zn20 compounds can be ‘tuned’ by varying the components with up to 10 different transition metals, such as iron, nickel and ruthenium. For each metal, between seven to 14 rare earth elements can be used. Therefore, up to 140 compounds can be created.‘ We wanted to study intermetallic compounds with dilute rare earths in them, because of our general interest in design and control of novel electronic and magnetic ground states,’ says Dr Paul Canfield, Senior Physicist at Ames Laboratory. ‘This led us to RT2Zn20 materials. There are relatively few compounds that have such large unit cells, and even fewer with rare earths in them. The RT2Zn20 structure was known crystallographically but there had been no measurements. We made it and started exploring.’
One of the resulting compounds is closer to the edge of ferromagnetism (approaching the Stoner limit) than palladium – YFe2Zn20 (yttrium (Y), iron (Fe) and zinc (Zn). Palladium is a nearly ferromagnetic material that scientists have traditionally studied to better understand this type of magnetism.
Canfield explains, ‘Palladium has a predisposition to becoming ferromagnetic, but does not quite make it. Understanding such a “near miss” gives important insights into the ferromagnetism of nickel, copper and iron.
‘But the problem is that palladium is a little hard to tune. There is one palladium site and it is not versatile. Since we have three elements, each with their own crystallographic site, we can tune the rare earth-iron-zinc [material]. We are able to push these compounds even closer to ferromagnetism and understand the consequences of this.’ By exchanging yttrium for gadolinium, researchers have created a ferromagnet. And by substituting cobalt for iron, they have produced a material that, like copper, is not ferromagnetic. Studying and understanding these extremes is essential to basic research, says Canfield.
The team hopes to eventually create materials that become ferromagnetic at -273.15°C, much below room temperature[Anmerk.: viel kälter geht's dann wohl nicht! ]. Canfield adds, ’If we can do this we can hopefully learn something more about the mechanism of band ferromagnetism as well as how it effects the conduction of electrons.’
The research has also impacted on studies of heavy fermion physics. By using the rare earth element, ytterbium, new heavy fermion compounds have been created with six transition metals. ‘These are materials in which the 4f-shell does not keep its local moment characteristic and instead becomes band like, leading to highly correlated electron effects,’ explains Canfield. ‘We hope that the compounds or properties we discover will help improve technology.’
#7938 von RMINCONSULT 06.08.07 12:42:37 Beitrag Nr.: 31.049.241
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diese Entwicklung wird wohl für Umbrüche sorgen; REE sind in diesen Übergangsmetallverbindungen etwa mit 5% enthalten. Zink-Lagerstätten werden somit, nicht nur wegen des enthaltenen Indiums (Solarenergie)an Bedeutung zunehmen.
Das faszinierende ist die Möglichkeit, eines Tages exakt maßgeschneiderte Übergangsmetallverbindungen herzustellen.
Wally ist Physiker und sollte in Hongkong unter Mitnahme dieses kleinen Hinweises schon einmal auf den Busch klopfen, vielleicht kann man erfahren, welche start ups in den USA solche Verbindungen demnächst herstellen werden.
Welche Auswirkungen wird dies auf den REE-Markt in seiner Gesamtheit haben?
Welche REE werden bevorzugt in der kristallographischen Struktur Verwendung finden?
Es werden jetzt nach der grundsätzlichen Entdeckung dieser Verbindungsklasse, die ja eigentlich bekannt war, nur die magnetischen Eigenschaften hatte man noch nicht gemessen, also es werden in den nächsten Jahren unzählige Publikationen über diese RT2Zn20-Klasse erscheinen. Die Formel ist so zu lesen, dass in der kleinsten Baueinheit der Struktur, der Elementarzelle, immer 20 Zinkatome, 2 Übergangsmetallatome und 1 Seltenerd-Atom enthalten sind. Je nachdem welches SE-Metall nun eingesetzt wird kann der Anteil zwischen 3 und 5% schwanken.
Viele Einsatzgebiete der SE bleiben davon unberührt, aber gerade diejenigen Verwendungen sind zu beachten, wo die magnetochemischen Eigenschaften zum Tragen kommen.
Halten wir also Augen und Ohren offen, da scheint ein möglicher Technologiesprung ins Haus zu stehen!
Die offene Frage TTM - time to market! So wie es sich liest, wird es schnell gehen.
R&D
Rethinking zinc
Scientists at Ames Laboratory, Ames, USA, have created a new family of zinc compounds that they say will aid fundamental research in fields such as ferromagnetism.
The compounds are tuned and manipulated to take on the physical properties and behaviour of a range of materials such as palladium and copper. By understanding these characteristics, researchers hope that new products or processes will follow. The materials comprise 85% zinc, rare earth elements (R) and transition metals (T). These RT2Zn20 compounds can be ‘tuned’ by varying the components with up to 10 different transition metals, such as iron, nickel and ruthenium. For each metal, between seven to 14 rare earth elements can be used. Therefore, up to 140 compounds can be created.‘ We wanted to study intermetallic compounds with dilute rare earths in them, because of our general interest in design and control of novel electronic and magnetic ground states,’ says Dr Paul Canfield, Senior Physicist at Ames Laboratory. ‘This led us to RT2Zn20 materials. There are relatively few compounds that have such large unit cells, and even fewer with rare earths in them. The RT2Zn20 structure was known crystallographically but there had been no measurements. We made it and started exploring.’
One of the resulting compounds is closer to the edge of ferromagnetism (approaching the Stoner limit) than palladium – YFe2Zn20 (yttrium (Y), iron (Fe) and zinc (Zn). Palladium is a nearly ferromagnetic material that scientists have traditionally studied to better understand this type of magnetism.
Canfield explains, ‘Palladium has a predisposition to becoming ferromagnetic, but does not quite make it. Understanding such a “near miss” gives important insights into the ferromagnetism of nickel, copper and iron.
‘But the problem is that palladium is a little hard to tune. There is one palladium site and it is not versatile. Since we have three elements, each with their own crystallographic site, we can tune the rare earth-iron-zinc [material]. We are able to push these compounds even closer to ferromagnetism and understand the consequences of this.’ By exchanging yttrium for gadolinium, researchers have created a ferromagnet. And by substituting cobalt for iron, they have produced a material that, like copper, is not ferromagnetic. Studying and understanding these extremes is essential to basic research, says Canfield.
The team hopes to eventually create materials that become ferromagnetic at -273.15°C, much below room temperature[Anmerk.: viel kälter geht's dann wohl nicht! ]. Canfield adds, ’If we can do this we can hopefully learn something more about the mechanism of band ferromagnetism as well as how it effects the conduction of electrons.’
The research has also impacted on studies of heavy fermion physics. By using the rare earth element, ytterbium, new heavy fermion compounds have been created with six transition metals. ‘These are materials in which the 4f-shell does not keep its local moment characteristic and instead becomes band like, leading to highly correlated electron effects,’ explains Canfield. ‘We hope that the compounds or properties we discover will help improve technology.’
Antwort auf Beitrag Nr.: 31.050.011 von MFC500 am 06.08.07 13:41:10Danke. Ich muss ja total blind gewesen sein (oder nicht richtig bis zum Ende gelesen...)
Gruß Cutter
Gruß Cutter
Hallo Tamerlaner,
hab mich gerade ein bischen über das Unternehmen informiert, dabei warfen sich noch einige Fragen auf, evtl könnt ihr mir wetierhelfen.
- Wie sieht es denn mit den First Nations aus, man hat sich ja bereits mit einigen geeinigt, gibt es da noch Stämme mit denen man sich erst noch einigen muß? Ist eine Einigung denn in Sicht? Ist eine Zustimmung unbedingt erforderlich für die Genehmigung?
- Gibt es größere Probleme mit den Genehmigungen ( land and water use) Sind die kürzlichen Änderungen im power plan und water discharge Auflagen der Regierung?
- Kann die Mine das ganze Jahr betrieben werden, gibt es da größere Probleme mit der Infrastruktur im Winter?
- Wie lane ist das Minenleben angesetzt im R190 Deposit?
Vielen Dank
Raumfahrer
hab mich gerade ein bischen über das Unternehmen informiert, dabei warfen sich noch einige Fragen auf, evtl könnt ihr mir wetierhelfen.
- Wie sieht es denn mit den First Nations aus, man hat sich ja bereits mit einigen geeinigt, gibt es da noch Stämme mit denen man sich erst noch einigen muß? Ist eine Einigung denn in Sicht? Ist eine Zustimmung unbedingt erforderlich für die Genehmigung?
- Gibt es größere Probleme mit den Genehmigungen ( land and water use) Sind die kürzlichen Änderungen im power plan und water discharge Auflagen der Regierung?
- Kann die Mine das ganze Jahr betrieben werden, gibt es da größere Probleme mit der Infrastruktur im Winter?
- Wie lane ist das Minenleben angesetzt im R190 Deposit?
Vielen Dank
Raumfahrer
Raumfahrer,
für R-190 sind 12-15 Monate Mining vorgesehen, danach direkter Übergang zu weiteren Deposits. Mine kann ganzjährig betrieben werden, Highway führt durch Pine Point Gebiet. Im Genehmigungsprozess konnten bisher alle sich ergebenden Fragen beantwortet werden. Alle Studien über Wasser etc. scheinen für TAM zu sprechen. David Swisher hält die G.keit hoch und kooperiert scheinbar sehr gut mit dem MVERIB. Es fehlt noch eine der vier lokalen Gruppen, weil es dort kürzlich einen Führungswechsel gegeben hat. Sie soll ein Selbstgänger bzw. für den geasmtem Prozess nicht mehr entscheidend sein. Wenn du den Genehmigungsprozess im Detail beobachten möchtest bietet sich die Website des MVERIB an.
Gruß
für R-190 sind 12-15 Monate Mining vorgesehen, danach direkter Übergang zu weiteren Deposits. Mine kann ganzjährig betrieben werden, Highway führt durch Pine Point Gebiet. Im Genehmigungsprozess konnten bisher alle sich ergebenden Fragen beantwortet werden. Alle Studien über Wasser etc. scheinen für TAM zu sprechen. David Swisher hält die G.keit hoch und kooperiert scheinbar sehr gut mit dem MVERIB. Es fehlt noch eine der vier lokalen Gruppen, weil es dort kürzlich einen Führungswechsel gegeben hat. Sie soll ein Selbstgänger bzw. für den geasmtem Prozess nicht mehr entscheidend sein. Wenn du den Genehmigungsprozess im Detail beobachten möchtest bietet sich die Website des MVERIB an.
Gruß
Antwort auf Beitrag Nr.: 31.082.199 von medimmune am 08.08.07 16:53:49Irgendwas unternehmensspezifisches passiert oder nur allgemeine Panik?
Antwort auf Beitrag Nr.: 31.106.395 von Schnuckelinchen am 09.08.07 23:11:32Hab nichts vom Unternehmen gefunden und daher heute mal den Bestand aufgestockt.
Hallo Schnuckelinchen,
ich glaube, dass hast du richtig gemacht, nicht nur kurzfristig, denn die Aktie hat eben wieder die $2 erreicht, sondern hoffentlich auch langfristig. Ich habe eben erst den PC angemacht und es war auch besser so. Ich habe mich zwar zu 0,50 eingedeckt und bin langfristig investiert aber dieses Gemetzel will man sich trotzdem nicht anschauen. TAM ist verspätet in den Sog fallender Märkte geraten. Das ganze bei dünnen Bids im Sommerloch an der TSX. Ich wünsche uns für die nächsten Wochen einen ruhigeren Kursverlauf und langsam steigende Kurse.
Gruß
ich glaube, dass hast du richtig gemacht, nicht nur kurzfristig, denn die Aktie hat eben wieder die $2 erreicht, sondern hoffentlich auch langfristig. Ich habe eben erst den PC angemacht und es war auch besser so. Ich habe mich zwar zu 0,50 eingedeckt und bin langfristig investiert aber dieses Gemetzel will man sich trotzdem nicht anschauen. TAM ist verspätet in den Sog fallender Märkte geraten. Das ganze bei dünnen Bids im Sommerloch an der TSX. Ich wünsche uns für die nächsten Wochen einen ruhigeren Kursverlauf und langsam steigende Kurse.
Gruß
der Q-Bericht zum 30.06. kann unter SEDAR.com abgerufen werden
Antwort auf Beitrag Nr.: 31.120.931 von medimmune am 10.08.07 20:32:36Naja, so richtig wars kurzfristig nun auch wieder nicht. Hab heute den ersten Folgekauf vorgezogen, dann macht sich der Einstandskurs in der Depotliste besser
Gratuliere, dass Du ab 0.5 dabei bist.
Gratuliere, dass Du ab 0.5 dabei bist.
Antwort auf Beitrag Nr.: 31.210.582 von Schnuckelinchen am 17.08.07 20:29:07Am Montag kommt nun endlich die lange erwartete Feasibility Study. Das M.ment hat keinen einfachen Zeitpunkt für die Veröffentlichung gewählt aber ich glaube man wollte mit der Nachricht von gestern auch dem Kurs etwas Halt geben. Ich habe die Meldung unten nochmal eingefügt. Letztlich ist die FS überfällig. Die Verspätungen scheinen auf den gleichzeitig erscheinden NI 43-101-Bericht zurückzuführen zu sein, der laut IR bereits die gesamte Pine Point Ressource enthalten soll! Auch die FS soll demnach über R-190 hinausblicken.
Tamerlane announces investor conference call
BLAINE, WA, Aug. 16 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) today announced that the Company will host an investor conference call regarding completion of the positive feasibility study and reserve report for the Pine Point Project.
The conference call will be held on Monday, August 27 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time) to discuss details of the feasibility study and reserve report. Mining analysts, investors and the media are invited to phone 1-800-779-9513, or 1-210-234-0009 if outside Canada and the U.S.A., followed by the pass code 8160293 approximately 5 minutes before the start of management's presentation. The presentation will be followed by a question and answer period. A replay of the conference call can be heard through Friday, September 4 by dialing 1-866-509-6762, or from outside North America 1-203-369-1927.
"Ross F. Burns"
President & CEO
Tamerlane announces investor conference call
BLAINE, WA, Aug. 16 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) today announced that the Company will host an investor conference call regarding completion of the positive feasibility study and reserve report for the Pine Point Project.
The conference call will be held on Monday, August 27 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time) to discuss details of the feasibility study and reserve report. Mining analysts, investors and the media are invited to phone 1-800-779-9513, or 1-210-234-0009 if outside Canada and the U.S.A., followed by the pass code 8160293 approximately 5 minutes before the start of management's presentation. The presentation will be followed by a question and answer period. A replay of the conference call can be heard through Friday, September 4 by dialing 1-866-509-6762, or from outside North America 1-203-369-1927.
"Ross F. Burns"
President & CEO
Nutzt ihr für kanadische Aktien Realtime-Kurse? ADVFN Charts sind zwar gut aber sie bieten leider keine BID/ASK Spanne mit Volumen. Seit PC-Quote nicht mehr funktioniert habe ich noch keine Seite im Netz gefunden, bei der man kostenlose Realtime Kurse für Kanada sehen kann. Hat jemand eine Idee?
Antwort auf Beitrag Nr.: 31.213.021 von medimmune am 17.08.07 23:48:55Nö, ich würfel meine Limits immer vorher aus und stell das dann rein. War bislang nicht mal so dumm. Ansonsten ist T für mich ein Investment von vielen, noch dazu ein Langzeitding. Da komme ich nicht jeden Tag zu mir das anzusehen.
Warum brauchst Du bei T. überhaupt rt Kurse?
Warum brauchst Du bei T. überhaupt rt Kurse?
Für TAM brauche ich im Moment nicht unbedingt Realtime-Kurse, später ja. Ich beobachte eine andere kanadische Aktie. Um evtl. eine Order zu platzieren würde ich gerne die Bid/Ask Volumina sehen. Das ging früher mit PC Quote sehr gut bis der Service kostenpflichtig wurde. Werde mich wohl weiter mit ADVFN begnügen.
Jetzt wirds spannend, ob das am Montag nur eine Vertröstungsaktion ist. Die Chancen dafür stehen leider angesichts des Managements gut.
Also Pulver trocken halten IMHO.
Die Chancen dafür stehen leider angesichts des Managements gut. Also Pulver trocken halten IMHO.
Mensch. Kurzfristig bin ich echt ein zuverlässiger Kontraindikator.
Tamerlane Announces Reserve and Resource Estimates, Bankable Feasibility Study on R-190 and Scoping Study on Indicated Resources
(Anmerkung: zur besseren Betrachtung der Tabellen empfehle ich den Link zur Originalmeldung am Ende des Postings)
BLAINE, WASHINGTON--(Marketwire - Aug. 24, 2007) - Tamerlane Ventures Inc. (TSX VENTURE:TAM - News) is pleased to announce the positive results of its bankable Feasibility Study for the Pine Point Project, located in Canada's Northwest Territories. The Feasibility Study and Scoping Study were completed by Tamerlane's staff of engineers and geologists, and the Feasibility Study was reviewed by the third party consultants Chlumsky, Armbrust & Meyer (CAM). Mr. Steve Milne, P.Eng., was the Independent Qualified Person for the Mining Section review by CAM. The study results show the Pine Point Project is feasible and will provide exceptional returns by industry standards.
ADVERTISEMENT
The Feasibility Study covers all aspects of infrastructure development, mining and processing. As outlined in the Feasibility Study, Tamerlane will focus first on the R-190 deposit, which will utilize a freeze perimeter and other proven technologies for underground mining operations. The Company will then use this infrastructure to access a series of nearby deposits that have been upgraded to the indicated resource category. The indicated resources currently total 10.9 million tonnes. In the future, Tamerlane intends to use historical data, including the results of extensive drilling and operating data, in addition to further infill drilling to verify the historical reserves as current reserves and convert the remaining 50 million tonnes of historical resources to reserves, if feasible.
Unless otherwise noted, all dollar amounts in this press release are in US dollars.
1. Reserves and Resources
The Pine Point Property was the subject of a recently completed National Instrument 43-101 report (NI 43-101). The reserve and resource technical report was prepared by Chlumsky, Armbrust and Meyer, LLC (CAM): the "independent qualified persons" in accordance with the provisions of NI 43-101 are Fred Barnard, California Professional Geologist and Robert Sandefur, P.E. CAM's work included a thorough review of the geological interpretation, exploration program, and data compilation, including quality assurance/quality control (QA/QC) procedures. All of the parameters used by Tamerlane to define resources and reserves were also reviewed.
Reserves were compiled from historic resources and confirmed during Tamerlane's 2005 core drilling of the R-190 deposit. Reserves were defined by cut-off parameters for the R-190 deposit. Grade shells for 2%, 5% and 7% zinc cutoff grades were constructed. Grade and tonnages for each of the grade shells were calculated using reserve modeling software.
A preliminary NPV analysis was performed on each of the grade shells for the R-190 deposit to determine the optimal grade shell for extraction. The results of the reserve analysis showed that a 5% zinc grade shell gave the R-190 deposit the highest value resource at 1,000,027 tonnes with grades 11.16% zinc and 5.49% lead (Table 1-1).
Table 1-1
R-190 Deposit Reserves
(Information in this table was reviewed by CAM)
------------------------------------------------------------------------
Tonnes Zinc % Lead %
------------------------------------------------------------------------
R-190 Reserves 1,000,027 11.16 5.49
------------------------------------------------------------------------
Five additional deposits in the district, not subject to the R-190 Feasibility Study, contain indicated resources estimated at 10.9 million tonnes at a combined grade of 7.12% zinc and lead (Table 1-2).
Table 1-2
Indicated Resources(i)
(Information in this table was reviewed by CAM)
------------------------------------------
Deposit Tonnes Lead % Zinc %
------------------------------------------
P-499 877,000 2.88 6.45
------------------------------------------
O-556 861,000 4.32 4.22
------------------------------------------
X-25 3,124,000 2.30 6.54
------------------------------------------
G-03 3,444,000 3.00 4.10
------------------------------------------
W-85 2,597,000 1.05 2.82
------------------------------------------
TOTAL 10,903,000 2.43 4.69
------------------------------------------
(i)Note: Mineral resources that are not mineral reserves do not have
demonstrated economic viability.
An additional 50,936,000 tonnes of historic resources are located on the property at an average grade of 3.84% zinc and 1.24% lead. A NI 43-101-qualified report has not been completed on the historic resources and they should not be relied on as current mineral resources (Table 1-3).
Table 1-3
Historical Resources(i)
(Information in this table was reviewed by CAM)
------------------------------------------------------------------------
Deposit Tonnes Lead % Zinc %
------------------------------------------------------------------------
Westmin total resources
(V-46, W-19, Z-155) 1,268,000 3.91 6.35
------------------------------------------------------------------------
Other Cominco historic resources 49,669,000 1.17 3.77
- Tonnages classed as "inferred"
(included in 49,669,000 tonnes above) 32,542,000 0.90 3.07
- Tonnages classed as "indicated"
(included in 49,669,000 tonnes above) 17,126,000 1.69 5.11
------------------------------------------------------------------------
TOTAL 50,936,000 1.24 3.84
------------------------------------------------------------------------
(i)Note: A qualified person has not done sufficient work to classify the
historical estimate as current mineral resources, and the issuer is not
treating the historical estimate as current mineral resources. The
historical estimate should not be relied upon.
2. Project Description
Tamerlane's Pine Point Project is located in Canada's Northwest Territories, approximately 42 km east of Hay River. The Company controls a total area of 175 km2, including both the historic Pine Point Mine property as well as a contiguous property to the west originally explored by Westmin Resources (Westmin). Tamerlane's Pine Point Project includes more than 60 known zinc-lead deposits.
The Company is initially focused on the R-190 deposit and has upgraded the deposit to minable reserve status. The Pine Point Project will be developed as an underground mine and will operate 365 days per year. The mine will utilize a freeze perimeter curtain to control groundwater, a vertical conveyor to hoist ore to the surface, and Dense Media Separation (DMS) with flotation to upgrade the zinc and lead concentrates.
The Pine Point Project property is 100% owned by Tamerlane Ventures Inc., subject to a 3% NSR payable to the property's previous owners. Mineral royalties based on net revenues less all operating costs and allowances for depreciation and processing are also payable to the Northwest Territories (NWT) under the Canadian Mining Regulations.
3. Geology
The Pine Point Property is geologically located in the Western Canada Sedimentary Basin in the Northwest Territories near the southern shore of Great Slave Lake. The deposits occur in the mid-Devonian Pine Point carbonate barrier complex and are Mississippi Valley type lead-zinc deposits.
Karsting occurred along three northeast-trending zones parallel to the strike of the barrier complex and the lead-zinc deposits are hosted within these karst cavities.
The R-190 deposit lies within the main trend of the Pine Point mineralized trends. The ore body is a prismatic type occurring in a karst which bottoms just above sandy dolomite in the Pine Point Formation and continues up through the Watt Mountain Formation into the Slave Point Formation.
4. Mining
Mining the Pine Point Project will utilize:
- Perimeter freeze curtain for groundwater control
- Vertical shaft sinking for ore body access
- Underground mechanized longhole stoping for increased tonnage
- Vertical conveyance for consistent hoisting of ore
- Dense Media Separation and flotation processes for upgrading a direct-shipped concentrate
Infrastructure construction and development is estimated to take 12-15 months prior to the commencement of mining operations. The underground workings will be mined using a concrete lined main shaft, vertical conveyance system, and rubber tired diesel/electric equipment. In addition to the vertical conveyance system, the main shaft will also include a service hoist for moving personnel and materials. A secondary escapeway and ventilation raise will also be installed to allow flow through ventilation. In April 2007, Tamerlane contracted Thyssen Mining to conduct shaft sinking setup and sinking designs.
The Pine Point Project will be dewatered using proven freezing technology to maintain a frozen ring of ice, or freeze curtain, around the project perimeter during the development and mining. The freeze curtain will extend from the surface to a depth of approximately 185 meters, surrounding the entire R-190 mineral deposit and underground infrastructure. The primary purpose of the freeze curtain is to prevent the intrusion of water from the aquifer into the underground mine workings. Any excess water underground will be collected in a sump, pumped to the surface and then either reused in the concentrating circuit or discharged to an injection well for re-introduction into the groundwater system. In May 2007, Tamerlane contracted Layne Christensen Company to conduct engineering and designs for the Pine Point Project's freeze perimeter.
The Pine Point Project will utilize a vertical conveyor to move ore and waste from underground workings to the surface facilities. Mined material will enter a primary crusher located at the bottom of the shaft. The material will be sized to minus 4-inch before entering the vertical conveyance system. The vertical conveyor will lift the material from the mine at an effective rate of 160 metric tonnes per hour from the bottom of the shaft to the collar. The vertical conveyor requires less energy to operate than conventional hoisting and has the ability to move large volumes of material at a constant rate of speed. A consistent material feed rate allows for increased efficiency in the design of the processing system and reduces the amount of material handling and stockpiling required. Virtually all waste contained in the one million tonnes of total material extracted from the R-190 deposit will be returned underground for backfilling purposes. This environmentally-friendly approach eliminates the need for permanent tailings dams. In April 2007, Tamerlane contracted FKC-Lakeshore, a division of Frontier Kemper Constructors, Inc., to engineer and design systems and equipment related to the vertical conveyor system.
5. Processing
Dense Media Separation will take advantage of the significant difference in the specific gravity (SG) of the host rock and remove it from the ore with minimal loss of sulphides. The pre-concentration process will save capital, operating costs and energy consumption for the project. The media used in the circuit will be ferro-silicon. It is inert by nature and poses no risk to the environment. Further processing to upgrade the lead and zinc products will involve a traditional flotation circuit that will not utilize cyanide.
The DMS process works on the basis of SG differences between waste and ore, such that the waste material having a lighter SG will float off, while the concentrate material having a higher SG will sink. Test work has indicated that this process will upgrade the product 58% with minimal (approximately 5%) metal losses.
The upgraded ore will then be sent to a flotation circuit. After further coarse grinding, the material will first pass through a circuit designed to liberate the lead from the zinc and waste, and then to a second circuit to separate the zinc from the waste. The tailings from the flotation circuit will be thickened and mixed with cement and the coarse crush DMS float aggregate. The resulting material will be sent back underground for backfill and shotcrete purposes. There will be no long-term storage of tailings or other process waste on the surface at the Pine Point Project site.
The process system is designed to eliminate the use of cyanide, which is a potentially hazardous chemical. The exclusion of cyanide from the process flow is accomplished through the use of DMS, additional grinding, and the use of inert chemicals such as lime and copper sulphate.
6. Surface Infrastructure/ Utilities
Highway 5 runs within 0.5 km of the Pine Point Project. The highway will be the primary road access to the site and the route for transporting concentrate from the mine to the rail head in Hay River.
Electric power for the Pine Point Project will be provided from the Talston Dam via transmisson lines. In addition to power provided from the Talston dam, Tamerlane will incorporate diesel generator sets to provide self-sufficient, uninterrupted power to the mine site for surge capacity and safety back-up.
The Pine Point Project site will include several buildings, including a compressor building, vertical conveyor facility, slurry/shotcrete plant, office, dry, warehouse, maintenance shop, fuel and lube facility, headframe facility, freeze plant and process plant. Two additional structures will be located near the process plant. One will be an aggregate storage area for material that will be recycled underground. The other will serve as storage for zinc and lead concentrate waiting to be shipped.
7. Schedule
Infrastructure construction is estimated to take 12-15 months, followed by the R-190 extraction period which is anticipated to last an additional 12-15 months. Tamerlane will then develop drifts to access other deposits from the R-190 deposit. Approximately 6 million tonnes of resources from five different deposits are accessible from the R-190 shaft after mining of the initial deposit is completed.
8. Environment and Mitigation
Tamerlane is currently in the application process for its land and water use permits for the Pine Point Project. Tamerlane anticipates receipt of the environmental permits following completion of the remaining activities outlined in the Mackenzie Environmental Impact Review Board (MVEIRB) and Mackenzie Valley Land and Water Board's (MVLWB) permitting processes. Key permitting activities completed to date are listed in declining chronological order below.
- July 2007
- Tamerlane completes Technical Sessions with MVEIRB as part of the
Environmental Assessment process.
- May 2007
- Tamerlane submits its Final Revised Developer's Assessment Report to
MVEIRB in response to the Final Terms of Reference.
- October 2006
- Tamerlane receives information requests (Final Terms of Reference) from
MVEIRB.
- June 2006
- Tamerlane's Pine Point Project is referred to the Mackenzie Valley
Environmental Impact Review Board (MVEIRB) for Environmental Assessment
by Environment Canada in June 2006.
- Tamerlane submits its applications for land and water use permits to\
the MVLWB.
Environmental concerns regarding the Pine Point Project are minimal. The process will utilize DMS and coarse grind for flotation. Long-term tailings storage will not be required because waste will be returned underground for backfilling purposes. The chemicals used to process the ore are inert and will not pose a threat to the surrounding environment. No surface subsidence is expected because the mine will be backfilled. The freeze ring will effectively control groundwater without impacting the local groundwater environment.
9. Human Resources and Socioeconomic Factors
Tamerlane has worked closely with all stakeholders to address environmental and socio-economic concerns. The Company is committed to employing Northern and Aboriginal residents during the entire mine life of the Pine Point Project. In addition, Tamerlane anticipates employing residents of the South Slave region. Tamerlane anticipates utilizing residents of the South Slave Area wherever possible during the construction phase and the initial 12 to 15 month operations phase. The Company has signed exploration agreements with the Deninu K'ue First Nations and K'atlodeeche First Nation that provide for their participation in the benefits of the Pine Point Project's development and operations.
10. Capital Cost
Suppliers, contractors and equipment manufacturers were sourced to provide budget quotes for the direct and indirect costs associated with the equipment, process, installation and commissioning required for zinc and lead concentrate production. The total estimated capital cost of construction, including a 10% contingency is $93.3 million dollars. The initial working capital for the first 90 days of production is estimated at $33.9 million. A breakdown of the costs is included in Table 10-1.
Table 10-1
Capital Costs
(Information in this table was reviewed by CAM)
-----------------------------------------------
Item Capital Cost
-----------------------------------------------
Freezing & Infrastructure $49,163,413
-----------------------------------------------
Surface Buildings (installed) $2,241,789
-----------------------------------------------
Crushing and Milling Circuit $12,553,000
-----------------------------------------------
Support Equipment $16,635,842
-----------------------------------------------
Critical Spares $862,689
-----------------------------------------------
Rail Head Loadout $1,307,828
-----------------------------------------------
Other Infrastructure $635,911
-----------------------------------------------
Communications $56,927
-----------------------------------------------
Underground Utilities $804,000
-----------------------------------------------
Misc. Items $620,000
-----------------------------------------------
Subtotal $84,881,400
-----------------------------------------------
Contingency at 10% $8,488,140
-----------------------------------------------
Total $93,369,540
-----------------------------------------------
Should the company elect to sell its concentrate into the spot market and not enter into long term smelting contract, Tamerlane will evaluate options for short-term financing $33.9 million for initial working capital.
Table 10-2
Sustaining Capital for Additional Deposits in Scoping Study
(Information in this table was not reviewed by CAM)
----------------------------------
Deposit Capital Cost
----------------------------------
P-499 $32.2 million
----------------------------------
O-556 $24.2 million
----------------------------------
X-25 $32.7 million
----------------------------------
V-46 $16.8 million
----------------------------------
Z-155 $24.0 million
----------------------------------
11. Operating Costs
The operating costs for the R-190 deposit were calculated from actual quotations where possible, and from other similar scale projects in Canada. The operating costs are determined on a cost per tonne mined basis at an aggregate $53.29 per tonne as described in Table 11-1.
Table 11-1
Operating Cost Summary: R-190 Deposit Only
(Information in this table was reviewed by CAM)
----------------------------------------------
Item Cost/Tonne Mined
----------------------------------------------
Mining $32.83
----------------------------------------------
Processing $13.21
----------------------------------------------
Power $5.75
----------------------------------------------
Admin/Tech/Environmental $1.50
----------------------------------------------
Total $53.29
----------------------------------------------
Operating cash costs per payable pound of metal (total lead and zinc) for R-190 mining operations are $0.20/lb.
Table 11-2
Estimated Future Operating Costs from Scoping Study
(Information in this table was not reviewed by CAM)
----------------------------------------------
Deposit Cost/Tonne Mined
----------------------------------------------
P-499 $49.70
----------------------------------------------
O-556 $51.20
----------------------------------------------
X-25 $53.50
----------------------------------------------
V-46 $59.70
----------------------------------------------
Z-155 $56.30
----------------------------------------------
12. Financial Analysis
The financial model for the R-190 deposit was developed using capital quotations and estimates from suppliers and contractors, and operating costs from similar operations in Canada. The cash flow model for the financial analysis was run under three different metal price scenarios including a bankable Feasibility Study price scenario, LME 15 month futures price scenario, and current price scenario (Table 12-1). The three price scenarios indicate a range of potential outcomes.
The feasibility price scenario used metal prices that were based on historical prices over the past two and three year periods and were averaged equally with the 15 month LME futures price. These prices are conservative for financing purposes and forecast a net cash flow of $52.7 million.
The second price scenario utilized 15 month LME contract prices to show more favourable project economics at hedgeable prices as of the market open August 21, 2007. The 15 month LME contract price scenario forecasts a net cash flow of $93.1 million.
The current price scenario was based on LME cash metal prices as of the market open August 21, 2007. This price scenario carries the most risk in terms of variability, but also forecasts the most favourable project economics with a net cash flow of $115.4 million.
Table 12-1
Financial Analysis (pre-tax): R-190 Deposit Only
(Information in this table was reviewed by CAM)
---------------------------------------------------------------------------
LME 15-Month Current
Feasibility Futures Price Price
Price Scenario Scenario
Scenario 8/21/07 8/21/07
---------------------------------------------------------------------------
Metals Zinc $ 1.30 $ 1.33 $ 1.41
Prices -------------------------------------------------------------
Lead 0.80 1.24 1.36
---------------------------------------------------------------------------
IRR 54% 97% 121%
---------------------------------------------------------------------------
Net Cash Flow @ 0% $52.7 million $93.1 million $115.4 million
---------------------------------------------------------------------------
Net Present Value NPV @ 5% $40.9 million $75.6 million $ 94.8 million
---------------------------------------------------------------------------
The Scoping Study completed by Tamerlane, but not reviewed by CAM, for five nearby deposits (P-499, O-556, X-25, V-46, Z-155) and the R-190 deposit estimates a cumulative Pre-tax Cash Flow of $297 million during the first six years of mining. The preliminary analysis assumes a price scenario of $0.80 lead and $1.30 zinc, utilizing much of the R-190 infrastructure, and inflation of wages at 4.0% and costs 3.0% annually (Table 12-2).
Table 12-2
Scoping Study Financial Analysis: R-190 Deposit & Five Additional Deposits
(Information in this table was not reviewed by CAM)
---------------------------------------------------------------
Scoping Study Current Price
Price Scenario
Scenario 8/21/07
---------------------------------------------------------------
Metals Zinc $ 1.30 $ 1.41
Prices -------------------------------------------------
Lead $ 0.80 $ 1.36
---------------------------------------------------------------
IRR 89% 167%
---------------------------------------------------------------
Net Cash Flow @ 0% $297 million $595 million
---------------------------------------------------------------
Net Present Value NPV @ 7.5% $203 million $422 million
---------------------------------------------------------------
The following tables outline pre-tax cash flow scenarios for the R-190 deposit and indicated resources, but do not include historic resources.
Table 12-3
Cumulative Pre-tax Cash Flow Scenarios for R-190 Only
(Information in this table was reviewed by CAM)
------------------------------------------------------------------------
Lead Zinc Cash Flow
Price/lb. Price/lb.
------------------------------------------------------------------------
Feasibility Study Price Forecast $ 0.80 $ 1.30 $ 52.7 million
------------------------------------------------------------------------
LME 15 Month Futures (on 8/21/07) $ 1.24 $ 1.33 $ 93.1 million
------------------------------------------------------------------------
Current Cash Prices (on 8/21/07) $ 1.36 $ 1.41 $115.4 million
------------------------------------------------------------------------
Table 12-4
Scoping Study Pre-tax Cash Flow Scenarios: R-190 Deposit &
Five Additional Deposits
(Information in this table was not reviewed by CAM)
------------------------------------------------------------------------
Lead Zinc Cash Flow
Price/lb. Price/lb.
------------------------------------------------------------------------
Preliminary Analysis Price Forecast $ 0.80 $ 1.30 $297 million
------------------------------------------------------------------------
Current Cash Prices (on 8/21/07) $ 1.36 $ 1.41 $597 million
------------------------------------------------------------------------
Please note: Figure 12-5 is available on the Marketwire website at the following link:
http://www.ccnmatthews.com/docs/0824tam.pdf
Sensitivity analyses were performed to indicate which inputs drive return on investment. For the R-190 deposit, the most critical project variables in declining order are zinc price, zinc grade, metal recovery and capital costs. Over the life of the R-190 mining operation, the analyses indicate that each $0.01/lb increase in the price of zinc increases the project's net cash flow by $1.57 million, and that each $0.01/lb increase in the price of lead increases the project's net cash flow by $811,000. A 10% change in mined grade results in a 22% change in IRR. The project is four times more sensitive to each percent change in capital costs than each percent change in operating costs.
13. Smelting
In July 2007, Tamerlane issued Requests for Proposals to smelters for treatment charges of zinc and lead concentrates. Based on the Letters of Interest the Company receives, Tamerlane will negotiate final terms.
14. Financing
Tamerlane is evaluating several financing options for the Pine Point Project. Favourable near-term metals prices provide opportunities to reduce project risk. The current outlook for zinc and lead is very favourable and provides a positive environment for securing the necessary capital for the project.
The Feasibility Study and Scoping Study discussed above cover mining operations through 2014. Tamerlane intends to complete engineering work and feasibility studies for the remaining 50 million tonnes of historical resources concurrent with construction and development of the R-190 deposit.
http://biz.yahoo.com/ccn/070824/200708240409470001.html?.v=1
(Anmerkung: zur besseren Betrachtung der Tabellen empfehle ich den Link zur Originalmeldung am Ende des Postings)
BLAINE, WASHINGTON--(Marketwire - Aug. 24, 2007) - Tamerlane Ventures Inc. (TSX VENTURE:TAM - News) is pleased to announce the positive results of its bankable Feasibility Study for the Pine Point Project, located in Canada's Northwest Territories. The Feasibility Study and Scoping Study were completed by Tamerlane's staff of engineers and geologists, and the Feasibility Study was reviewed by the third party consultants Chlumsky, Armbrust & Meyer (CAM). Mr. Steve Milne, P.Eng., was the Independent Qualified Person for the Mining Section review by CAM. The study results show the Pine Point Project is feasible and will provide exceptional returns by industry standards.
ADVERTISEMENT
The Feasibility Study covers all aspects of infrastructure development, mining and processing. As outlined in the Feasibility Study, Tamerlane will focus first on the R-190 deposit, which will utilize a freeze perimeter and other proven technologies for underground mining operations. The Company will then use this infrastructure to access a series of nearby deposits that have been upgraded to the indicated resource category. The indicated resources currently total 10.9 million tonnes. In the future, Tamerlane intends to use historical data, including the results of extensive drilling and operating data, in addition to further infill drilling to verify the historical reserves as current reserves and convert the remaining 50 million tonnes of historical resources to reserves, if feasible.
Unless otherwise noted, all dollar amounts in this press release are in US dollars.
1. Reserves and Resources
The Pine Point Property was the subject of a recently completed National Instrument 43-101 report (NI 43-101). The reserve and resource technical report was prepared by Chlumsky, Armbrust and Meyer, LLC (CAM): the "independent qualified persons" in accordance with the provisions of NI 43-101 are Fred Barnard, California Professional Geologist and Robert Sandefur, P.E. CAM's work included a thorough review of the geological interpretation, exploration program, and data compilation, including quality assurance/quality control (QA/QC) procedures. All of the parameters used by Tamerlane to define resources and reserves were also reviewed.
Reserves were compiled from historic resources and confirmed during Tamerlane's 2005 core drilling of the R-190 deposit. Reserves were defined by cut-off parameters for the R-190 deposit. Grade shells for 2%, 5% and 7% zinc cutoff grades were constructed. Grade and tonnages for each of the grade shells were calculated using reserve modeling software.
A preliminary NPV analysis was performed on each of the grade shells for the R-190 deposit to determine the optimal grade shell for extraction. The results of the reserve analysis showed that a 5% zinc grade shell gave the R-190 deposit the highest value resource at 1,000,027 tonnes with grades 11.16% zinc and 5.49% lead (Table 1-1).
Table 1-1
R-190 Deposit Reserves
(Information in this table was reviewed by CAM)
------------------------------------------------------------------------
Tonnes Zinc % Lead %
------------------------------------------------------------------------
R-190 Reserves 1,000,027 11.16 5.49
------------------------------------------------------------------------
Five additional deposits in the district, not subject to the R-190 Feasibility Study, contain indicated resources estimated at 10.9 million tonnes at a combined grade of 7.12% zinc and lead (Table 1-2).
Table 1-2
Indicated Resources(i)
(Information in this table was reviewed by CAM)
------------------------------------------
Deposit Tonnes Lead % Zinc %
------------------------------------------
P-499 877,000 2.88 6.45
------------------------------------------
O-556 861,000 4.32 4.22
------------------------------------------
X-25 3,124,000 2.30 6.54
------------------------------------------
G-03 3,444,000 3.00 4.10
------------------------------------------
W-85 2,597,000 1.05 2.82
------------------------------------------
TOTAL 10,903,000 2.43 4.69
------------------------------------------
(i)Note: Mineral resources that are not mineral reserves do not have
demonstrated economic viability.
An additional 50,936,000 tonnes of historic resources are located on the property at an average grade of 3.84% zinc and 1.24% lead. A NI 43-101-qualified report has not been completed on the historic resources and they should not be relied on as current mineral resources (Table 1-3).
Table 1-3
Historical Resources(i)
(Information in this table was reviewed by CAM)
------------------------------------------------------------------------
Deposit Tonnes Lead % Zinc %
------------------------------------------------------------------------
Westmin total resources
(V-46, W-19, Z-155) 1,268,000 3.91 6.35
------------------------------------------------------------------------
Other Cominco historic resources 49,669,000 1.17 3.77
- Tonnages classed as "inferred"
(included in 49,669,000 tonnes above) 32,542,000 0.90 3.07
- Tonnages classed as "indicated"
(included in 49,669,000 tonnes above) 17,126,000 1.69 5.11
------------------------------------------------------------------------
TOTAL 50,936,000 1.24 3.84
------------------------------------------------------------------------
(i)Note: A qualified person has not done sufficient work to classify the
historical estimate as current mineral resources, and the issuer is not
treating the historical estimate as current mineral resources. The
historical estimate should not be relied upon.
2. Project Description
Tamerlane's Pine Point Project is located in Canada's Northwest Territories, approximately 42 km east of Hay River. The Company controls a total area of 175 km2, including both the historic Pine Point Mine property as well as a contiguous property to the west originally explored by Westmin Resources (Westmin). Tamerlane's Pine Point Project includes more than 60 known zinc-lead deposits.
The Company is initially focused on the R-190 deposit and has upgraded the deposit to minable reserve status. The Pine Point Project will be developed as an underground mine and will operate 365 days per year. The mine will utilize a freeze perimeter curtain to control groundwater, a vertical conveyor to hoist ore to the surface, and Dense Media Separation (DMS) with flotation to upgrade the zinc and lead concentrates.
The Pine Point Project property is 100% owned by Tamerlane Ventures Inc., subject to a 3% NSR payable to the property's previous owners. Mineral royalties based on net revenues less all operating costs and allowances for depreciation and processing are also payable to the Northwest Territories (NWT) under the Canadian Mining Regulations.
3. Geology
The Pine Point Property is geologically located in the Western Canada Sedimentary Basin in the Northwest Territories near the southern shore of Great Slave Lake. The deposits occur in the mid-Devonian Pine Point carbonate barrier complex and are Mississippi Valley type lead-zinc deposits.
Karsting occurred along three northeast-trending zones parallel to the strike of the barrier complex and the lead-zinc deposits are hosted within these karst cavities.
The R-190 deposit lies within the main trend of the Pine Point mineralized trends. The ore body is a prismatic type occurring in a karst which bottoms just above sandy dolomite in the Pine Point Formation and continues up through the Watt Mountain Formation into the Slave Point Formation.
4. Mining
Mining the Pine Point Project will utilize:
- Perimeter freeze curtain for groundwater control
- Vertical shaft sinking for ore body access
- Underground mechanized longhole stoping for increased tonnage
- Vertical conveyance for consistent hoisting of ore
- Dense Media Separation and flotation processes for upgrading a direct-shipped concentrate
Infrastructure construction and development is estimated to take 12-15 months prior to the commencement of mining operations. The underground workings will be mined using a concrete lined main shaft, vertical conveyance system, and rubber tired diesel/electric equipment. In addition to the vertical conveyance system, the main shaft will also include a service hoist for moving personnel and materials. A secondary escapeway and ventilation raise will also be installed to allow flow through ventilation. In April 2007, Tamerlane contracted Thyssen Mining to conduct shaft sinking setup and sinking designs.
The Pine Point Project will be dewatered using proven freezing technology to maintain a frozen ring of ice, or freeze curtain, around the project perimeter during the development and mining. The freeze curtain will extend from the surface to a depth of approximately 185 meters, surrounding the entire R-190 mineral deposit and underground infrastructure. The primary purpose of the freeze curtain is to prevent the intrusion of water from the aquifer into the underground mine workings. Any excess water underground will be collected in a sump, pumped to the surface and then either reused in the concentrating circuit or discharged to an injection well for re-introduction into the groundwater system. In May 2007, Tamerlane contracted Layne Christensen Company to conduct engineering and designs for the Pine Point Project's freeze perimeter.
The Pine Point Project will utilize a vertical conveyor to move ore and waste from underground workings to the surface facilities. Mined material will enter a primary crusher located at the bottom of the shaft. The material will be sized to minus 4-inch before entering the vertical conveyance system. The vertical conveyor will lift the material from the mine at an effective rate of 160 metric tonnes per hour from the bottom of the shaft to the collar. The vertical conveyor requires less energy to operate than conventional hoisting and has the ability to move large volumes of material at a constant rate of speed. A consistent material feed rate allows for increased efficiency in the design of the processing system and reduces the amount of material handling and stockpiling required. Virtually all waste contained in the one million tonnes of total material extracted from the R-190 deposit will be returned underground for backfilling purposes. This environmentally-friendly approach eliminates the need for permanent tailings dams. In April 2007, Tamerlane contracted FKC-Lakeshore, a division of Frontier Kemper Constructors, Inc., to engineer and design systems and equipment related to the vertical conveyor system.
5. Processing
Dense Media Separation will take advantage of the significant difference in the specific gravity (SG) of the host rock and remove it from the ore with minimal loss of sulphides. The pre-concentration process will save capital, operating costs and energy consumption for the project. The media used in the circuit will be ferro-silicon. It is inert by nature and poses no risk to the environment. Further processing to upgrade the lead and zinc products will involve a traditional flotation circuit that will not utilize cyanide.
The DMS process works on the basis of SG differences between waste and ore, such that the waste material having a lighter SG will float off, while the concentrate material having a higher SG will sink. Test work has indicated that this process will upgrade the product 58% with minimal (approximately 5%) metal losses.
The upgraded ore will then be sent to a flotation circuit. After further coarse grinding, the material will first pass through a circuit designed to liberate the lead from the zinc and waste, and then to a second circuit to separate the zinc from the waste. The tailings from the flotation circuit will be thickened and mixed with cement and the coarse crush DMS float aggregate. The resulting material will be sent back underground for backfill and shotcrete purposes. There will be no long-term storage of tailings or other process waste on the surface at the Pine Point Project site.
The process system is designed to eliminate the use of cyanide, which is a potentially hazardous chemical. The exclusion of cyanide from the process flow is accomplished through the use of DMS, additional grinding, and the use of inert chemicals such as lime and copper sulphate.
6. Surface Infrastructure/ Utilities
Highway 5 runs within 0.5 km of the Pine Point Project. The highway will be the primary road access to the site and the route for transporting concentrate from the mine to the rail head in Hay River.
Electric power for the Pine Point Project will be provided from the Talston Dam via transmisson lines. In addition to power provided from the Talston dam, Tamerlane will incorporate diesel generator sets to provide self-sufficient, uninterrupted power to the mine site for surge capacity and safety back-up.
The Pine Point Project site will include several buildings, including a compressor building, vertical conveyor facility, slurry/shotcrete plant, office, dry, warehouse, maintenance shop, fuel and lube facility, headframe facility, freeze plant and process plant. Two additional structures will be located near the process plant. One will be an aggregate storage area for material that will be recycled underground. The other will serve as storage for zinc and lead concentrate waiting to be shipped.
7. Schedule
Infrastructure construction is estimated to take 12-15 months, followed by the R-190 extraction period which is anticipated to last an additional 12-15 months. Tamerlane will then develop drifts to access other deposits from the R-190 deposit. Approximately 6 million tonnes of resources from five different deposits are accessible from the R-190 shaft after mining of the initial deposit is completed.
8. Environment and Mitigation
Tamerlane is currently in the application process for its land and water use permits for the Pine Point Project. Tamerlane anticipates receipt of the environmental permits following completion of the remaining activities outlined in the Mackenzie Environmental Impact Review Board (MVEIRB) and Mackenzie Valley Land and Water Board's (MVLWB) permitting processes. Key permitting activities completed to date are listed in declining chronological order below.
- July 2007
- Tamerlane completes Technical Sessions with MVEIRB as part of the
Environmental Assessment process.
- May 2007
- Tamerlane submits its Final Revised Developer's Assessment Report to
MVEIRB in response to the Final Terms of Reference.
- October 2006
- Tamerlane receives information requests (Final Terms of Reference) from
MVEIRB.
- June 2006
- Tamerlane's Pine Point Project is referred to the Mackenzie Valley
Environmental Impact Review Board (MVEIRB) for Environmental Assessment
by Environment Canada in June 2006.
- Tamerlane submits its applications for land and water use permits to\
the MVLWB.
Environmental concerns regarding the Pine Point Project are minimal. The process will utilize DMS and coarse grind for flotation. Long-term tailings storage will not be required because waste will be returned underground for backfilling purposes. The chemicals used to process the ore are inert and will not pose a threat to the surrounding environment. No surface subsidence is expected because the mine will be backfilled. The freeze ring will effectively control groundwater without impacting the local groundwater environment.
9. Human Resources and Socioeconomic Factors
Tamerlane has worked closely with all stakeholders to address environmental and socio-economic concerns. The Company is committed to employing Northern and Aboriginal residents during the entire mine life of the Pine Point Project. In addition, Tamerlane anticipates employing residents of the South Slave region. Tamerlane anticipates utilizing residents of the South Slave Area wherever possible during the construction phase and the initial 12 to 15 month operations phase. The Company has signed exploration agreements with the Deninu K'ue First Nations and K'atlodeeche First Nation that provide for their participation in the benefits of the Pine Point Project's development and operations.
10. Capital Cost
Suppliers, contractors and equipment manufacturers were sourced to provide budget quotes for the direct and indirect costs associated with the equipment, process, installation and commissioning required for zinc and lead concentrate production. The total estimated capital cost of construction, including a 10% contingency is $93.3 million dollars. The initial working capital for the first 90 days of production is estimated at $33.9 million. A breakdown of the costs is included in Table 10-1.
Table 10-1
Capital Costs
(Information in this table was reviewed by CAM)
-----------------------------------------------
Item Capital Cost
-----------------------------------------------
Freezing & Infrastructure $49,163,413
-----------------------------------------------
Surface Buildings (installed) $2,241,789
-----------------------------------------------
Crushing and Milling Circuit $12,553,000
-----------------------------------------------
Support Equipment $16,635,842
-----------------------------------------------
Critical Spares $862,689
-----------------------------------------------
Rail Head Loadout $1,307,828
-----------------------------------------------
Other Infrastructure $635,911
-----------------------------------------------
Communications $56,927
-----------------------------------------------
Underground Utilities $804,000
-----------------------------------------------
Misc. Items $620,000
-----------------------------------------------
Subtotal $84,881,400
-----------------------------------------------
Contingency at 10% $8,488,140
-----------------------------------------------
Total $93,369,540
-----------------------------------------------
Should the company elect to sell its concentrate into the spot market and not enter into long term smelting contract, Tamerlane will evaluate options for short-term financing $33.9 million for initial working capital.
Table 10-2
Sustaining Capital for Additional Deposits in Scoping Study
(Information in this table was not reviewed by CAM)
----------------------------------
Deposit Capital Cost
----------------------------------
P-499 $32.2 million
----------------------------------
O-556 $24.2 million
----------------------------------
X-25 $32.7 million
----------------------------------
V-46 $16.8 million
----------------------------------
Z-155 $24.0 million
----------------------------------
11. Operating Costs
The operating costs for the R-190 deposit were calculated from actual quotations where possible, and from other similar scale projects in Canada. The operating costs are determined on a cost per tonne mined basis at an aggregate $53.29 per tonne as described in Table 11-1.
Table 11-1
Operating Cost Summary: R-190 Deposit Only
(Information in this table was reviewed by CAM)
----------------------------------------------
Item Cost/Tonne Mined
----------------------------------------------
Mining $32.83
----------------------------------------------
Processing $13.21
----------------------------------------------
Power $5.75
----------------------------------------------
Admin/Tech/Environmental $1.50
----------------------------------------------
Total $53.29
----------------------------------------------
Operating cash costs per payable pound of metal (total lead and zinc) for R-190 mining operations are $0.20/lb.
Table 11-2
Estimated Future Operating Costs from Scoping Study
(Information in this table was not reviewed by CAM)
----------------------------------------------
Deposit Cost/Tonne Mined
----------------------------------------------
P-499 $49.70
----------------------------------------------
O-556 $51.20
----------------------------------------------
X-25 $53.50
----------------------------------------------
V-46 $59.70
----------------------------------------------
Z-155 $56.30
----------------------------------------------
12. Financial Analysis
The financial model for the R-190 deposit was developed using capital quotations and estimates from suppliers and contractors, and operating costs from similar operations in Canada. The cash flow model for the financial analysis was run under three different metal price scenarios including a bankable Feasibility Study price scenario, LME 15 month futures price scenario, and current price scenario (Table 12-1). The three price scenarios indicate a range of potential outcomes.
The feasibility price scenario used metal prices that were based on historical prices over the past two and three year periods and were averaged equally with the 15 month LME futures price. These prices are conservative for financing purposes and forecast a net cash flow of $52.7 million.
The second price scenario utilized 15 month LME contract prices to show more favourable project economics at hedgeable prices as of the market open August 21, 2007. The 15 month LME contract price scenario forecasts a net cash flow of $93.1 million.
The current price scenario was based on LME cash metal prices as of the market open August 21, 2007. This price scenario carries the most risk in terms of variability, but also forecasts the most favourable project economics with a net cash flow of $115.4 million.
Table 12-1
Financial Analysis (pre-tax): R-190 Deposit Only
(Information in this table was reviewed by CAM)
---------------------------------------------------------------------------
LME 15-Month Current
Feasibility Futures Price Price
Price Scenario Scenario
Scenario 8/21/07 8/21/07
---------------------------------------------------------------------------
Metals Zinc $ 1.30 $ 1.33 $ 1.41
Prices -------------------------------------------------------------
Lead 0.80 1.24 1.36
---------------------------------------------------------------------------
IRR 54% 97% 121%
---------------------------------------------------------------------------
Net Cash Flow @ 0% $52.7 million $93.1 million $115.4 million
---------------------------------------------------------------------------
Net Present Value NPV @ 5% $40.9 million $75.6 million $ 94.8 million
---------------------------------------------------------------------------
The Scoping Study completed by Tamerlane, but not reviewed by CAM, for five nearby deposits (P-499, O-556, X-25, V-46, Z-155) and the R-190 deposit estimates a cumulative Pre-tax Cash Flow of $297 million during the first six years of mining. The preliminary analysis assumes a price scenario of $0.80 lead and $1.30 zinc, utilizing much of the R-190 infrastructure, and inflation of wages at 4.0% and costs 3.0% annually (Table 12-2).
Table 12-2
Scoping Study Financial Analysis: R-190 Deposit & Five Additional Deposits
(Information in this table was not reviewed by CAM)
---------------------------------------------------------------
Scoping Study Current Price
Price Scenario
Scenario 8/21/07
---------------------------------------------------------------
Metals Zinc $ 1.30 $ 1.41
Prices -------------------------------------------------
Lead $ 0.80 $ 1.36
---------------------------------------------------------------
IRR 89% 167%
---------------------------------------------------------------
Net Cash Flow @ 0% $297 million $595 million
---------------------------------------------------------------
Net Present Value NPV @ 7.5% $203 million $422 million
---------------------------------------------------------------
The following tables outline pre-tax cash flow scenarios for the R-190 deposit and indicated resources, but do not include historic resources.
Table 12-3
Cumulative Pre-tax Cash Flow Scenarios for R-190 Only
(Information in this table was reviewed by CAM)
------------------------------------------------------------------------
Lead Zinc Cash Flow
Price/lb. Price/lb.
------------------------------------------------------------------------
Feasibility Study Price Forecast $ 0.80 $ 1.30 $ 52.7 million
------------------------------------------------------------------------
LME 15 Month Futures (on 8/21/07) $ 1.24 $ 1.33 $ 93.1 million
------------------------------------------------------------------------
Current Cash Prices (on 8/21/07) $ 1.36 $ 1.41 $115.4 million
------------------------------------------------------------------------
Table 12-4
Scoping Study Pre-tax Cash Flow Scenarios: R-190 Deposit &
Five Additional Deposits
(Information in this table was not reviewed by CAM)
------------------------------------------------------------------------
Lead Zinc Cash Flow
Price/lb. Price/lb.
------------------------------------------------------------------------
Preliminary Analysis Price Forecast $ 0.80 $ 1.30 $297 million
------------------------------------------------------------------------
Current Cash Prices (on 8/21/07) $ 1.36 $ 1.41 $597 million
------------------------------------------------------------------------
Please note: Figure 12-5 is available on the Marketwire website at the following link:
http://www.ccnmatthews.com/docs/0824tam.pdf
Sensitivity analyses were performed to indicate which inputs drive return on investment. For the R-190 deposit, the most critical project variables in declining order are zinc price, zinc grade, metal recovery and capital costs. Over the life of the R-190 mining operation, the analyses indicate that each $0.01/lb increase in the price of zinc increases the project's net cash flow by $1.57 million, and that each $0.01/lb increase in the price of lead increases the project's net cash flow by $811,000. A 10% change in mined grade results in a 22% change in IRR. The project is four times more sensitive to each percent change in capital costs than each percent change in operating costs.
13. Smelting
In July 2007, Tamerlane issued Requests for Proposals to smelters for treatment charges of zinc and lead concentrates. Based on the Letters of Interest the Company receives, Tamerlane will negotiate final terms.
14. Financing
Tamerlane is evaluating several financing options for the Pine Point Project. Favourable near-term metals prices provide opportunities to reduce project risk. The current outlook for zinc and lead is very favourable and provides a positive environment for securing the necessary capital for the project.
The Feasibility Study and Scoping Study discussed above cover mining operations through 2014. Tamerlane intends to complete engineering work and feasibility studies for the remaining 50 million tonnes of historical resources concurrent with construction and development of the R-190 deposit.
http://biz.yahoo.com/ccn/070824/200708240409470001.html?.v=1
New TAM valuation based on the FS on R-190 and the scoping study to 2014, i.e. a
Risk adjusted net present value of cash flow valuation of the TAM share
Cash flow from Pine Point project the just the first 6 years (2009-2014) as forecasted by TAM (thus not including maybe many more years of mining :
USD 297 - 495 million with Zn 1.30 Pb 0.80 to current (Aug 21) 15 month hedged prices.
(The lower end suggests that TAM cannot hedge at all at Aug 21 levels but Pb is priced much higher now !)
My suggested discounting with 10 % interest, with presumed "value center of gravity" January 2012, i. e. 4.4 years away from now:
USD (297 to 495) / (1.10^4.4) million or around USD 195-325 or around CAD 205-342 million (assuming USD= 1.05 CAD)
After tax, assumed at 35 %, you get the net present value of the net cash flow as :
CAD 0.65 x ( 205-342) million or around CAD 133-222 million
Assuming a heavy dilution to 60 million shares you get a Pine Point 2009-2014 TAM share value of CAD 2.22-3.70.
If you add a, probably cautious, by me suggested net value per share of the remaining let say 6-12 years of let say CAD 1 since :
An identical project another 6 or 12 years (2015-2020, or 2015-2026) would bring the same value as above but discounted to 1/(1.10^6) thereoff or double value but discounted to 2/(1.1 ^9) thereoff i.e. 56 % or 0.85 % of the initial 6 years or - CAD 1.25-3.14 per share.
However grades would be lower (impling lower revenues per tonne) but CAD 1 thus could be reasonable as a rough approximation for the the many years (50 million tonnes of resource remaining) after 2014.
There is also a huge upside to this CAD 1 estimate per share if metal prices will continue to rise since prices rising faster than 10 % per year could eliminate the discounting procedure.
Thus I find a valuation of the Pine Point project at CAD 3.2-4.7 as reasonable or maybe cautious now with a 10 % interest rate when discounting future cash flow after tax.
But you cannot disclude the big Peru Copper project from the TAM share valuation. My own TAM analysis , on www.loparn.com , calculates a present value of well over CAD 1 per share.
In summary you find that TAM now could be fair valued at around or over CAD 4.2-5.7, assuming Zn and Pb between USD 1.30, 0.80 respectively to current (Aug 21) 15 month hedged prices, and with Cu at my assumption 2.60.
If you are very catious you may discount the TAM value per share with 25 % per year until production starts around 15 months from now, instead of 10 % as extra risk compensation.
Then a price target would be slightly reduced to over
CAD (4.2-5.7) x (1.1/1.25) ^ (15/12) or around CAD 3.58-5.02
Thus TAM is still very low valued at current levels and a strong long term buy, with an "extra option" or upside to possible decades of rising zink, led and copper prices.
Since TAM can hedge the R-190 pilot project the metal price risk is reduced and profits could be "locked in".
Risk adjusted net present value of cash flow valuation of the TAM share
Cash flow from Pine Point project the just the first 6 years (2009-2014) as forecasted by TAM (thus not including maybe many more years of mining :
USD 297 - 495 million with Zn 1.30 Pb 0.80 to current (Aug 21) 15 month hedged prices.
(The lower end suggests that TAM cannot hedge at all at Aug 21 levels but Pb is priced much higher now !)
My suggested discounting with 10 % interest, with presumed "value center of gravity" January 2012, i. e. 4.4 years away from now:
USD (297 to 495) / (1.10^4.4) million or around USD 195-325 or around CAD 205-342 million (assuming USD= 1.05 CAD)
After tax, assumed at 35 %, you get the net present value of the net cash flow as :
CAD 0.65 x ( 205-342) million or around CAD 133-222 million
Assuming a heavy dilution to 60 million shares you get a Pine Point 2009-2014 TAM share value of CAD 2.22-3.70.
If you add a, probably cautious, by me suggested net value per share of the remaining let say 6-12 years of let say CAD 1 since :
An identical project another 6 or 12 years (2015-2020, or 2015-2026) would bring the same value as above but discounted to 1/(1.10^6) thereoff or double value but discounted to 2/(1.1 ^9) thereoff i.e. 56 % or 0.85 % of the initial 6 years or - CAD 1.25-3.14 per share.
However grades would be lower (impling lower revenues per tonne) but CAD 1 thus could be reasonable as a rough approximation for the the many years (50 million tonnes of resource remaining) after 2014.
There is also a huge upside to this CAD 1 estimate per share if metal prices will continue to rise since prices rising faster than 10 % per year could eliminate the discounting procedure.
Thus I find a valuation of the Pine Point project at CAD 3.2-4.7 as reasonable or maybe cautious now with a 10 % interest rate when discounting future cash flow after tax.
But you cannot disclude the big Peru Copper project from the TAM share valuation. My own TAM analysis , on www.loparn.com , calculates a present value of well over CAD 1 per share.
In summary you find that TAM now could be fair valued at around or over CAD 4.2-5.7, assuming Zn and Pb between USD 1.30, 0.80 respectively to current (Aug 21) 15 month hedged prices, and with Cu at my assumption 2.60.
If you are very catious you may discount the TAM value per share with 25 % per year until production starts around 15 months from now, instead of 10 % as extra risk compensation.
Then a price target would be slightly reduced to over
CAD (4.2-5.7) x (1.1/1.25) ^ (15/12) or around CAD 3.58-5.02
Thus TAM is still very low valued at current levels and a strong long term buy, with an "extra option" or upside to possible decades of rising zink, led and copper prices.
Since TAM can hedge the R-190 pilot project the metal price risk is reduced and profits could be "locked in".
Finally there now is clear for me that the "USD 297 - 495 million" figures are estimates AFTER capital costs have been deducted. Therefore my heavy stock dilution assumption, which was primarily motivated by capital costs probably is too catious, that is the true cash flow after capital costs are payed is correspondingly higher than the figure above. Correcting for this the price target should be significantly higher or around CAD 1 per share or a little bit more (calculating after tax)
Thus a corrected price target would be around or over CAD 4.6-6 !
Thus a corrected price target would be around or over CAD 4.6-6 !
Antwort auf Beitrag Nr.: 31.290.085 von loparn am 25.08.07 11:52:29If you calculate with todays market (spot) price (or more precisely Aug 21 as TAM does in the FS) you get a corresponding price target over CAD 7 !
Haja, dann bleiben wir hier doch mal schön investiert.
From a p/e perspective TAM is forecasted a USD 52.7-115.4 million net cash flow from R-190.
After 35 % tax USD 34.3-68.5 million. That is reached in 12-15 months, implying earnings of USD 27.4-68.5 million, or CAD 28.8-71.9 million (with USD=1.05 CAD).
Per TAM share, with let say a small stock dilution 45 million shares since the CAPEX is already accounted for in the TAM feasibility study net cash flow figures, this implies 2009 earnings per share of around CAD 0.64-1.60. With a probably fairly sound p/e-ratio of 7 you get a stock value of around CAD 4.5-11.2.
Adding my CAD 1.40 approximation per share for the Peru copper project in 2009, you arrive at CAD 5.9-12.6 per TAM share in 2009. But the lower end of the interval could be avoided by hedging at current prices.
Thus this p/e-calculation underlines the TAM stock potential.
After 35 % tax USD 34.3-68.5 million. That is reached in 12-15 months, implying earnings of USD 27.4-68.5 million, or CAD 28.8-71.9 million (with USD=1.05 CAD).
Per TAM share, with let say a small stock dilution 45 million shares since the CAPEX is already accounted for in the TAM feasibility study net cash flow figures, this implies 2009 earnings per share of around CAD 0.64-1.60. With a probably fairly sound p/e-ratio of 7 you get a stock value of around CAD 4.5-11.2.
Adding my CAD 1.40 approximation per share for the Peru copper project in 2009, you arrive at CAD 5.9-12.6 per TAM share in 2009. But the lower end of the interval could be avoided by hedging at current prices.
Thus this p/e-calculation underlines the TAM stock potential.
Ooops I compensated (annualized) for the 12-15 month R-190 production period in the wrong \"end\". Here is the right version, which is closer to the NPV after tax calculation :
From a p/e perspective TAM is forecasted a USD 52.7-115.4 million net cash flow from R-190.
After 35 % tax USD 34.3-68.5 million. That is reached in 12-15 months, implying 1 year earnings of USD 21.9-68.5 million, or CAD 23.0-71.9 million (with USD=1.05 CAD).
Per TAM share, with let say a small stock dilution 45 million shares since the CAPEX is already accounted for in the TAM feasibility study net cash flow figures, this implies 2009 earnings per share of around CAD 0.51-1.60. With a probably fairly sound p/e-ratio of 7 you get a stock value of around CAD 3.6-11.2.
Adding my CAD 1.40 approximation per share for the Peru copper project in 2009, you arrive at CAD 5.0-12.6 per TAM share in 2009. But the lower end of the interval could be avoided by hedging at current prices.
Thus this p/e-calculation underlines the TAM stock potential.
From a p/e perspective TAM is forecasted a USD 52.7-115.4 million net cash flow from R-190.
After 35 % tax USD 34.3-68.5 million. That is reached in 12-15 months, implying 1 year earnings of USD 21.9-68.5 million, or CAD 23.0-71.9 million (with USD=1.05 CAD).
Per TAM share, with let say a small stock dilution 45 million shares since the CAPEX is already accounted for in the TAM feasibility study net cash flow figures, this implies 2009 earnings per share of around CAD 0.51-1.60. With a probably fairly sound p/e-ratio of 7 you get a stock value of around CAD 3.6-11.2.
Adding my CAD 1.40 approximation per share for the Peru copper project in 2009, you arrive at CAD 5.0-12.6 per TAM share in 2009. But the lower end of the interval could be avoided by hedging at current prices.
Thus this p/e-calculation underlines the TAM stock potential.
TAM - Tamerlane Ventures - analysis
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 4.25-6.29
Pine Point project presentation
This is a calculation of the long term price outlook for http://www.tamerlaneventures.com, TAM stock .
The Tamerlane CEO is very experiencied and worked as a geologist at Pine Point in Canada when the mine was producing a few decades back. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane´s Pine Point project has excellent possibilities when you look at the infrastructure. They will use freezing technology on their pilot project to control ground water. There are examples of freezing rings functioning well. Cameco´s big Cigar Lake project has been flooded, and they will use freezing technology as one of the means and messures among others to restore their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value with assumed USD 1.3 zinc and USD 1.1 copper price would be around USD 11.1 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level. Newer findings conclude that a country with a GNP/capita of around USD 5000 enters a long period of rapid growth of the demand for base metals until the GNP/capita reaches around USD 15000 when the growth rate decreases. This could be the explanation for the recent rapid growth of the demand fore base metals in the world, since a big country like China just a few years ago entered this stage. This implies that there is a high probability for the rapid growth of demand for zinc, copper and lead to continue for another 10 years or so, with world annual demand increasing around 5 % or more. India has not even entered this stage yet. However my calculation on TAM does not even consider this long term stock price value adding possibility, indicating that there is an upside compared to my price target.
If you just would like a hint of the discounted long term stock potential of TAM, let us first take a look at this example of the Pine Point zinc&lead project. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % with the revenues as calculated above. That would leave TAM potential future total nominal profits after tax of around USD 1.11-2.22 billion, and unchanged with time as long as the production lasts. The total production time is assumed to be 25 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be 40 % thereoff or around USD 444-888 million. The 2007 discounted value at 10 % interest rate, is around USD 277-553 million, if you approximate with all the 10 years of earnings achieved 7 years from now on a weighted average base (i e around the middle of 10 years after a 2009 beginning). At this moment there are only around 42 million diluted shares, but let us calculate with a heavy stock dilution for the total financing including for the copper project, to 60 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 3.15-6.29 in 2007 (with USD=1.05 CAD and taxes 35 %). So the 2007 stock fundamental potential has to be very high, and even higher if you add the value of the copper project, look at the calculation below, summaring to around CAD 4-7.
Tamerlane has optioned Los Pinos Copper Deposit in Peru. The total payment will be around USD 1 million. It has a historical resource of around 63 million tons with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. TAM plans to carry out a USD 1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for during the second quarter of 2007. The results will provide input for an NI 43-101 compliant technical report and the basis for an updated feasibility study. The possible profit from this project could be roughly but cautiously estimated from the historic feasibility showed plans for producing 25 million pound of copper per year corresponding to revenues of USD 62.5 million assuming a USD 2.60 copper price. Furthermore the copper resource is expandable. Assuming costs of USD 1.5/lb the earnings before tax would be USD 27.5 million corresponding to 0.31 CAD/share after tax. I assume all capital costs are included with the stock dilution up to 60 million shares. A p/e 7 then would add CAD 2.19 to the long term stock price potential. I assume this profit is generated in 2011, and the value of it discounted to CAD 1.40 2009, with a high 25 % interest rate.
This new TAM valuation based on the feasibility study on the R-190 pilot project, the scoping study (including the TAM metal price assumptions) to 2014 as of Aug 24, and the conference call as of Aug 27, i.e. a risk adjusted net present value of cash flow after tax follows here suggesting a similar price target as indicated above :
Cash flow from Pine Point project the just the first 6 years (2009-2014) as forecasted by TAM is USD 297 - 495 million (with Zn 1.30 Pb 0.80 as of Aug 21 15 month hedged prices i.e. I do not count with spot prices at this stage. The lower end suggests a Pb price at a much lower level than the current level which is 70 % higher). Discounting with 10 % interest, with presumed "value center of gravity" January 2012, i. e. 3 years away from 2009 : USD (297 to 495) / (1.10^3) million or around USD 223-372 or around CAD 234-390 million (assuming USD= 1.05 CAD).
After tax, assumed at 35 %, you get a 2009 CAD 152-254 million present value of the net cash flow.
Assuming a heavy dilution to 60 million shares you get a Pine Point 2009-2014 TAM 2009 share value of CAD 2.54-4.23.
You should add a, probably cautious by me suggested, after tax 2009 value per share of the remaining, over 9 years, according to this calculation :
An theoretically identical project (each year equal on the average) another 9 years (2015-2023) would bring the same 2009 value as above but discounted to 9/6 x /((1.10^4.5)(1.10^6)) or 55 % of the initial 6 years or CAD 1.40-2.33 per share. However grades would be lower (impling lower revenues per tonne ore) but half of the lower end or CAD 0.70 per share could be reasonable as a rough approximation of the expected value. Also the efficiency or productivity of the mining should have been trimmed by then, resulting in better economy in that respect - not considering grades. There is an upside to this estimate per share if metal prices will continue to rise since prices rising faster than 10 % per year could eliminate the whole discounting procedure.
In summary so far you find that the Pine Point project could be fair valued at around CAD 3.24--4.93 in 2009, assuming Zn and Pb between USD 1.30, 0.80 respectively to current (Aug 21) 15 month hedged prices, and with Cu at my assumption 2.60, discounting net cash flow with a 10 % interest rate.
But if you calculate with today´s metal market prices (or more precisely Aug 21 as TAM also does in the news release) in the higher end of the price target get a corresponding price target around CAD 3.24-5.94.
However the TAM net cash flow figures are estimates after CAPEX has been deducted. Thus the total after tax cash flow is around CAD 93 million higher than I have calculated, minus financial costs due to debt financing, probably at least CAD 79 million . Adjusting for this the price target should be significantly higher , or around CAD 0.98 per share higher (calculating with capital costs of CAD 98 million - tax free since new equity is assumed by new stock dilution at stock price CAD 2, 18 million new shares adding CAD 36 million equity and using CAD 62 million debt, and that the needed capital is paid back in a 3 years – with en more debt financing the price target becomes higher).
A more true 2009 Pine Point project valuation therefore should be around or over CAD 4.22-6.92.
But you cannot exclude the big Peru copper project from the TAM share valuation. I calculate above a risk adjusted 2009 value of around CAD 1.40 per share. Thus my TAM 2009 price target is CAD 5.62-8.32.
Discounting with a risk adjusted 25 % interest year per year as I usually do with junior mining companies until production start i.e. around 15 months from now, a 2007 price target is CAD (5.62-8.94) x (1./1.25) ^ (15/12) or around CAD 4.25-6.29.
Thus the calculated price target interval is completely within and therefore more precise than the rough calculated potential above in one of the first few paragraphs of this analysis.
Since TAM can hedge the whole R-190 pilot project, within the assumed metal price interval above, the metal price risk is reduced and a big part of future revenues could be "locked in", thus at a higher value than the corresponding lower end of the TAM price target indicates implicitely.
You may add that TAM at the conference call after the feasbility study was published, indicated that the Net Present Value of the whole project is expected to be over 1 billion dollar ! After tax and per, by me in my analysis assumed , share number that corresponds to over CAD 11, suggesting TAM is very optimistic in the long term and my price target cautious.
The permitting issue should not be a very big obstacle due to the economic boost the project would result in, even if it is the environmental authorities that actually can permit the project, and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either. The company so far has made a deal with two of three aboriginal groups, so called First Nations, which now supports the project. Before permitting, TAM may continue to be a volatile stock although still with a very fine risk/reward ratio. Primarily the long term metal prices and secondary the permitting process are most likely the most important risk factors, but the metal prices are also a long term further potential as long as especially China & India continue their fast economic growth.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 4.25-6.29
Pine Point project presentation
This is a calculation of the long term price outlook for http://www.tamerlaneventures.com, TAM stock .
The Tamerlane CEO is very experiencied and worked as a geologist at Pine Point in Canada when the mine was producing a few decades back. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane´s Pine Point project has excellent possibilities when you look at the infrastructure. They will use freezing technology on their pilot project to control ground water. There are examples of freezing rings functioning well. Cameco´s big Cigar Lake project has been flooded, and they will use freezing technology as one of the means and messures among others to restore their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value with assumed USD 1.3 zinc and USD 1.1 copper price would be around USD 11.1 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level. Newer findings conclude that a country with a GNP/capita of around USD 5000 enters a long period of rapid growth of the demand for base metals until the GNP/capita reaches around USD 15000 when the growth rate decreases. This could be the explanation for the recent rapid growth of the demand fore base metals in the world, since a big country like China just a few years ago entered this stage. This implies that there is a high probability for the rapid growth of demand for zinc, copper and lead to continue for another 10 years or so, with world annual demand increasing around 5 % or more. India has not even entered this stage yet. However my calculation on TAM does not even consider this long term stock price value adding possibility, indicating that there is an upside compared to my price target.
If you just would like a hint of the discounted long term stock potential of TAM, let us first take a look at this example of the Pine Point zinc&lead project. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % with the revenues as calculated above. That would leave TAM potential future total nominal profits after tax of around USD 1.11-2.22 billion, and unchanged with time as long as the production lasts. The total production time is assumed to be 25 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be 40 % thereoff or around USD 444-888 million. The 2007 discounted value at 10 % interest rate, is around USD 277-553 million, if you approximate with all the 10 years of earnings achieved 7 years from now on a weighted average base (i e around the middle of 10 years after a 2009 beginning). At this moment there are only around 42 million diluted shares, but let us calculate with a heavy stock dilution for the total financing including for the copper project, to 60 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 3.15-6.29 in 2007 (with USD=1.05 CAD and taxes 35 %). So the 2007 stock fundamental potential has to be very high, and even higher if you add the value of the copper project, look at the calculation below, summaring to around CAD 4-7.
Tamerlane has optioned Los Pinos Copper Deposit in Peru. The total payment will be around USD 1 million. It has a historical resource of around 63 million tons with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. TAM plans to carry out a USD 1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for during the second quarter of 2007. The results will provide input for an NI 43-101 compliant technical report and the basis for an updated feasibility study. The possible profit from this project could be roughly but cautiously estimated from the historic feasibility showed plans for producing 25 million pound of copper per year corresponding to revenues of USD 62.5 million assuming a USD 2.60 copper price. Furthermore the copper resource is expandable. Assuming costs of USD 1.5/lb the earnings before tax would be USD 27.5 million corresponding to 0.31 CAD/share after tax. I assume all capital costs are included with the stock dilution up to 60 million shares. A p/e 7 then would add CAD 2.19 to the long term stock price potential. I assume this profit is generated in 2011, and the value of it discounted to CAD 1.40 2009, with a high 25 % interest rate.
This new TAM valuation based on the feasibility study on the R-190 pilot project, the scoping study (including the TAM metal price assumptions) to 2014 as of Aug 24, and the conference call as of Aug 27, i.e. a risk adjusted net present value of cash flow after tax follows here suggesting a similar price target as indicated above :
Cash flow from Pine Point project the just the first 6 years (2009-2014) as forecasted by TAM is USD 297 - 495 million (with Zn 1.30 Pb 0.80 as of Aug 21 15 month hedged prices i.e. I do not count with spot prices at this stage. The lower end suggests a Pb price at a much lower level than the current level which is 70 % higher). Discounting with 10 % interest, with presumed "value center of gravity" January 2012, i. e. 3 years away from 2009 : USD (297 to 495) / (1.10^3) million or around USD 223-372 or around CAD 234-390 million (assuming USD= 1.05 CAD).
After tax, assumed at 35 %, you get a 2009 CAD 152-254 million present value of the net cash flow.
Assuming a heavy dilution to 60 million shares you get a Pine Point 2009-2014 TAM 2009 share value of CAD 2.54-4.23.
You should add a, probably cautious by me suggested, after tax 2009 value per share of the remaining, over 9 years, according to this calculation :
An theoretically identical project (each year equal on the average) another 9 years (2015-2023) would bring the same 2009 value as above but discounted to 9/6 x /((1.10^4.5)(1.10^6)) or 55 % of the initial 6 years or CAD 1.40-2.33 per share. However grades would be lower (impling lower revenues per tonne ore) but half of the lower end or CAD 0.70 per share could be reasonable as a rough approximation of the expected value. Also the efficiency or productivity of the mining should have been trimmed by then, resulting in better economy in that respect - not considering grades. There is an upside to this estimate per share if metal prices will continue to rise since prices rising faster than 10 % per year could eliminate the whole discounting procedure.
In summary so far you find that the Pine Point project could be fair valued at around CAD 3.24--4.93 in 2009, assuming Zn and Pb between USD 1.30, 0.80 respectively to current (Aug 21) 15 month hedged prices, and with Cu at my assumption 2.60, discounting net cash flow with a 10 % interest rate.
But if you calculate with today´s metal market prices (or more precisely Aug 21 as TAM also does in the news release) in the higher end of the price target get a corresponding price target around CAD 3.24-5.94.
However the TAM net cash flow figures are estimates after CAPEX has been deducted. Thus the total after tax cash flow is around CAD 93 million higher than I have calculated, minus financial costs due to debt financing, probably at least CAD 79 million . Adjusting for this the price target should be significantly higher , or around CAD 0.98 per share higher (calculating with capital costs of CAD 98 million - tax free since new equity is assumed by new stock dilution at stock price CAD 2, 18 million new shares adding CAD 36 million equity and using CAD 62 million debt, and that the needed capital is paid back in a 3 years – with en more debt financing the price target becomes higher).
A more true 2009 Pine Point project valuation therefore should be around or over CAD 4.22-6.92.
But you cannot exclude the big Peru copper project from the TAM share valuation. I calculate above a risk adjusted 2009 value of around CAD 1.40 per share. Thus my TAM 2009 price target is CAD 5.62-8.32.
Discounting with a risk adjusted 25 % interest year per year as I usually do with junior mining companies until production start i.e. around 15 months from now, a 2007 price target is CAD (5.62-8.94) x (1./1.25) ^ (15/12) or around CAD 4.25-6.29.
Thus the calculated price target interval is completely within and therefore more precise than the rough calculated potential above in one of the first few paragraphs of this analysis.
Since TAM can hedge the whole R-190 pilot project, within the assumed metal price interval above, the metal price risk is reduced and a big part of future revenues could be "locked in", thus at a higher value than the corresponding lower end of the TAM price target indicates implicitely.
You may add that TAM at the conference call after the feasbility study was published, indicated that the Net Present Value of the whole project is expected to be over 1 billion dollar ! After tax and per, by me in my analysis assumed , share number that corresponds to over CAD 11, suggesting TAM is very optimistic in the long term and my price target cautious.
The permitting issue should not be a very big obstacle due to the economic boost the project would result in, even if it is the environmental authorities that actually can permit the project, and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either. The company so far has made a deal with two of three aboriginal groups, so called First Nations, which now supports the project. Before permitting, TAM may continue to be a volatile stock although still with a very fine risk/reward ratio. Primarily the long term metal prices and secondary the permitting process are most likely the most important risk factors, but the metal prices are also a long term further potential as long as especially China & India continue their fast economic growth.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
Loparn,
thanks for adding you analysis and sorry for not answering but I was very busy.
FS numbers look excellent considering numbers show Net Cash Flow (capex already included). If TAM will debt finance 100% of capex and effectively defer repayment for the term of the loan $93.3 million capex remains cash flow that reports to the bottom line. Consequently Cash Flow for R-190 alone would be more than C$200 million assuming current metal prices.
Management yesterday confirmed that profitability improves even as grades decline for the five follow on deposits. Reason is they only need ~$0.11 sustaining capex per lb of metal vs ~$0.32 at R-190. 66% lower capex more than compensates lower grades. The last sentence in Item 12, Financial Analysis says: "The project is four times more sensitive to each percentage change in capital costs than each percent change in operating costs".
Moreover it seems that DMS and flotation circuit can be adjusted which makes it possible to get similar concentrate grades. Management mentioned there were conventional open pitable deposits that Teck Cominco left (relatively low grade) that are profitable with DMS. They set up a portable DMS plant and simply upgrade the ore.
Shareholders should be excited about the coming months. A roadshow in Europe and Canada is coming to get institutional investors excited. We will see additional scoping studies, confirmational drilling to turn additional deposits into reserves and get financing news end of the year. I hope for a 100% debt financing to prevent us from any dilution.
The only last doubt is the permit. Beyond that no more fear.
Cheers
thanks for adding you analysis and sorry for not answering but I was very busy.
FS numbers look excellent considering numbers show Net Cash Flow (capex already included). If TAM will debt finance 100% of capex and effectively defer repayment for the term of the loan $93.3 million capex remains cash flow that reports to the bottom line. Consequently Cash Flow for R-190 alone would be more than C$200 million assuming current metal prices.
Management yesterday confirmed that profitability improves even as grades decline for the five follow on deposits. Reason is they only need ~$0.11 sustaining capex per lb of metal vs ~$0.32 at R-190. 66% lower capex more than compensates lower grades. The last sentence in Item 12, Financial Analysis says: "The project is four times more sensitive to each percentage change in capital costs than each percent change in operating costs".
Moreover it seems that DMS and flotation circuit can be adjusted which makes it possible to get similar concentrate grades. Management mentioned there were conventional open pitable deposits that Teck Cominco left (relatively low grade) that are profitable with DMS. They set up a portable DMS plant and simply upgrade the ore.
Shareholders should be excited about the coming months. A roadshow in Europe and Canada is coming to get institutional investors excited. We will see additional scoping studies, confirmational drilling to turn additional deposits into reserves and get financing news end of the year. I hope for a 100% debt financing to prevent us from any dilution.
The only last doubt is the permit. Beyond that no more fear.
Cheers
Antwort auf Beitrag Nr.: 31.315.695 von medimmune am 28.08.07 14:46:14Bin noch mit einem Teil drin.
Kennt jemand den Grund für die aktuelle Kursschwäche (außer fallendem Zinkpreis) ?
Kennt jemand den Grund für die aktuelle Kursschwäche (außer fallendem Zinkpreis) ?
Antwort auf Beitrag Nr.: 31.506.379 von Urlaub2 am 10.09.07 18:19:25Allgemeine Panik, es waren viele Zocker in diesem Wert. Würde anraten hier nicht zu früh anzufangen mit dem Kaufen, der Wert kann sich theoretisch vom Chart her nochmal halbieren. Sicher eine gute Story, aber im Moment halt out.
Antwort auf Beitrag Nr.: 31.506.445 von Schnuckelinchen am 10.09.07 18:22:06Von Chartanalyse halte ich nichts.
Ich wundere mich etwas, zumal die Aktie in D völlig unbekannt ist und es kaum Umsätze gibt.
Dafür, daß die 2009 in Produktion gehen, ist die Aktie spottbillig.
Deswegen habe ich gerade nochmal eine Kleinigkeit nachgelegt.
Ich wundere mich etwas, zumal die Aktie in D völlig unbekannt ist und es kaum Umsätze gibt.
Dafür, daß die 2009 in Produktion gehen, ist die Aktie spottbillig.
Deswegen habe ich gerade nochmal eine Kleinigkeit nachgelegt.
Antwort auf Beitrag Nr.: 31.507.003 von Urlaub2 am 10.09.07 18:44:29Sparplan nach unten ist auf längere Sicht sicher nicht verkehrt. Kann momentan allerdings nicht bei jeder attraktiv erscheinenden Aktie einen Sparplan aufstellen, denn Priorität hat bei mir weiterhin das Halten von Liquidität.
Antwort auf Beitrag Nr.: 31.507.432 von Schnuckelinchen am 10.09.07 19:04:26TAM ist z.B. nur halb so teuer wie der Zinkexplorer TNG in Australien, die dafür doppelt so lange bis zur Produktion brauchen, nämlich 4 Jahre.
Auch hat TNG nicht so ein großes Vorkommen.
Auch TNG ist nicht direkt teuer.
An diesem einfachen Beispiel sieht man, wie spottbillig TAM ist.
Ich würde durchaus mal einen Kommentar von den "Fachleuten" hier lesen.
Auch hat TNG nicht so ein großes Vorkommen.
Auch TNG ist nicht direkt teuer.
An diesem einfachen Beispiel sieht man, wie spottbillig TAM ist.
Ich würde durchaus mal einen Kommentar von den "Fachleuten" hier lesen.
Antwort auf Beitrag Nr.: 31.507.432 von Schnuckelinchen am 10.09.07 19:04:26Übrigens habe ich gesehen, daß du in Petrel drin bist, was mir zu riskant wäre.
Schau dir doch mal Falkland Oil an, die trotz Crash gerade 100 % gemacht haben.
Die sitzen auf wohl 1 Billion Dollar Öl da unten.
Schau dir doch mal Falkland Oil an, die trotz Crash gerade 100 % gemacht haben.
Die sitzen auf wohl 1 Billion Dollar Öl da unten.
Antwort auf Beitrag Nr.: 31.507.602 von Urlaub2 am 10.09.07 19:11:22Die Umsätze in TAM sind aber ziemlich hoch, warum weiss ich nicht und solange ich das nicht weiss bleib ich auf der Zuschauertribüne.
FOGL hab ich schon lange im Depot, dort lese ich im Thread aber nur still mit.
Petrel ist ohne Zweifel riskant und derzeit meine grösste Einzelposition überhaupt
Es gibt sehr viele interessante Rohstoffplays, man darf aber m.E. nicht in Versuchung kommen sein ganzes Pulver zu investieren, sonst kann man an Ausverkaufstagen dann wenig bis nichts machen.
FOGL hab ich schon lange im Depot, dort lese ich im Thread aber nur still mit.
Petrel ist ohne Zweifel riskant und derzeit meine grösste Einzelposition überhaupt
Es gibt sehr viele interessante Rohstoffplays, man darf aber m.E. nicht in Versuchung kommen sein ganzes Pulver zu investieren, sonst kann man an Ausverkaufstagen dann wenig bis nichts machen.
Antwort auf Beitrag Nr.: 31.509.041 von Schnuckelinchen am 10.09.07 20:05:43Bei mir ist FOGL die größte Position, ich will nur wenige ausgesuchte Explorer kaufen, zu denen TAM auch gehört.
Ich denke, daß der schwache Zinkpreis die Ursache ist, aber es ist gewaltig übertrieben, wie immer.
Ich denke, daß der schwache Zinkpreis die Ursache ist, aber es ist gewaltig übertrieben, wie immer.
Die Buntmetalle hängen momentan doch arg an der allg. Börsenentwicklung. Halte das Preisniveau dort mittlerweile auch langsam für attraktiv.
TAMERLANE VENTURES KNOWS OF NO REASON TO EXPLAIN
RECENT MARKET ACTIVITY
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces that the recent high
level of stock market activity in the Company’s shares, including unusually high trading
volumes and fall in the share price, is not due to any material change in the Company’s
activities.
On August 24, 2007 the Company announced in a press release that it had received the
NI 43-101 reserve and resource technical report on the Pine Point Zinc-Lead Project. In
the same press release the Company announced that it had completed its bankable
feasibility study for the Pine Point Project and that it is evaluating several financing
options, including a debt financing package, to put the project into production.
Today, the Company has posted on SEDAR (www.sedar.com) the Chlumsky, Armbrust
& Meyer (CAM) overwritten NI 43-101 technical report and the feasibility study review.
The Company is pleased to announce that Michael Malewicz has been appointed Chief
Financial Officer of the Company. Mr. Malewicz, BS (Business Administration), MBA
(Finance), has 20 years of professional experience in accounting and finance at mid- to
large-market capitalization companies including Qualcomm, Inc., Industrial Bank of
Japan and Swedish Health Services. Since 1997, Mr. Malewicz has lead or participated
in 53 debt and equity financings totaling approximately US$8 billion in value. He has
also held senior management positions with responsibilities that include treasury
management, design and implementation of investment policies, investment portfolio
optimization, capital financing, financial modeling and Sarbanes-Oxley compliance.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
E-mail: bjones@tamerlaneventures.com
Phone: (360) 332-4653
Fax: (360) 332-4652
Website: www.tamerlaneventures.com
RECENT MARKET ACTIVITY
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces that the recent high
level of stock market activity in the Company’s shares, including unusually high trading
volumes and fall in the share price, is not due to any material change in the Company’s
activities.
On August 24, 2007 the Company announced in a press release that it had received the
NI 43-101 reserve and resource technical report on the Pine Point Zinc-Lead Project. In
the same press release the Company announced that it had completed its bankable
feasibility study for the Pine Point Project and that it is evaluating several financing
options, including a debt financing package, to put the project into production.
Today, the Company has posted on SEDAR (www.sedar.com) the Chlumsky, Armbrust
& Meyer (CAM) overwritten NI 43-101 technical report and the feasibility study review.
The Company is pleased to announce that Michael Malewicz has been appointed Chief
Financial Officer of the Company. Mr. Malewicz, BS (Business Administration), MBA
(Finance), has 20 years of professional experience in accounting and finance at mid- to
large-market capitalization companies including Qualcomm, Inc., Industrial Bank of
Japan and Swedish Health Services. Since 1997, Mr. Malewicz has lead or participated
in 53 debt and equity financings totaling approximately US$8 billion in value. He has
also held senior management positions with responsibilities that include treasury
management, design and implementation of investment policies, investment portfolio
optimization, capital financing, financial modeling and Sarbanes-Oxley compliance.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
E-mail: bjones@tamerlaneventures.com
Phone: (360) 332-4653
Fax: (360) 332-4652
Website: www.tamerlaneventures.com
Das Unternehmen kann sich die Kursbewegungen also nicht erklären und meldet gleichzeitig die Verpflichtung eines neuen CFO sowie die Veröffentlichung des 43-101.
Wer sich ein Bild von den ganzen Spekulationen um den Kursrückgang machen will kann das am besten in diesem Board tun: http://www.investorvillage.com/smbd.asp?mb=4923&pt=m. Dort wird TAM intensiver diskutiert als bei stockhouse.
Die Erklärungen reichen von Warrant-Holdern die ausgeübt und verkauft haben (es waren jedoch nur 1 Mio Oct07-Warrants noch nicht ausgeübt worden) bis zu Panikverkäufen eines Großinvestors nach den Rezessionvorhersagen vom Freitag bis zu möglichen Short-Sellings im Rahmen einer kommenden PIPE-Finanzierung (siehe hierzu auch http://www.businessweek.com/magazine/content/04_19/b3882116_…)
Ich habe während der ganzen Turbulenzen weder gekauft noch verkauft und werde weiter halten.
Wer sich ein Bild von den ganzen Spekulationen um den Kursrückgang machen will kann das am besten in diesem Board tun: http://www.investorvillage.com/smbd.asp?mb=4923&pt=m. Dort wird TAM intensiver diskutiert als bei stockhouse.
Die Erklärungen reichen von Warrant-Holdern die ausgeübt und verkauft haben (es waren jedoch nur 1 Mio Oct07-Warrants noch nicht ausgeübt worden) bis zu Panikverkäufen eines Großinvestors nach den Rezessionvorhersagen vom Freitag bis zu möglichen Short-Sellings im Rahmen einer kommenden PIPE-Finanzierung (siehe hierzu auch http://www.businessweek.com/magazine/content/04_19/b3882116_…)
Ich habe während der ganzen Turbulenzen weder gekauft noch verkauft und werde weiter halten.
Antwort auf Beitrag Nr.: 31.530.975 von medimmune am 11.09.07 16:58:20Vielen Dank.
Bei Investorvillage habe ich allerdings noch keinen Beitrag im September gesehen.
Ich bin froh, daß ich gestern zum Tiefstkurs nachgelegt habe, wenn auch nicht viel.
Wenn die Produktion wirklich in 2009 losgeht, ist TAM außerordentlich billig.
Wobei wir auch noch mit Fondskäufen rechnen können.
Bei Investorvillage habe ich allerdings noch keinen Beitrag im September gesehen.
Ich bin froh, daß ich gestern zum Tiefstkurs nachgelegt habe, wenn auch nicht viel.
Wenn die Produktion wirklich in 2009 losgeht, ist TAM außerordentlich billig.
Wobei wir auch noch mit Fondskäufen rechnen können.
Ich glaube die Aktie wird im Moment aufgrund einer bevorstehenden Finanzierung manipuliert. Rezessionsängste, Stop-Loss Verkäufe und fallende Zink-Preise haben ihr Übriges getan. Sollte eine Finanzierung unter Kursen von $1.50 verkündet werden wäre das Beweis genug.
TAM wird bei Investor Village im Rio Narcea Board diskutiert (siehe Link)
TAM wird bei Investor Village im Rio Narcea Board diskutiert (siehe Link)
Gibt´s irgendwelche News oder bekannte Gründe für das aktuelle Minus ?
Bye, Q
Bye, Q
News gibts:
"Tamerlane Reaches Agreement With the Hay River Metis Council
Tamerlane Reaches Agreement With the Hay River Metis Council
Monday September 17, 12:05 pm ET
BLAINE, WASHINGTON--(Marketwire - Sept. 17, 2007) - Tamerlane Ventures Inc. (TSX VENTURE:TAM - News) is pleased to announce that a business agreement with the Hay River Metis Council has been signed. The agreement outlines job and business opportunities to the Hay River Metis Council for the Pine Point Project and ensures a long lasting relationship between Tamerlane and the Hay River Metis.
Ross Burns, President & CEO, said: "We are extremely pleased to be continuing a mutually beneficial relationship with the Hay River Metis Council and look forward to working with them as we develop our Pine Point Project."
Ross F. Burns, President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
Contact:
Brent Jones
Tamerlane Ventures Inc.
Manager of Investor Relations
(360) 332-4653
(360) 332-4652 (FAX)
Email: bjones@tamerlaneventures.com
Website: www.tamerlaneventures.com"
Ich hab´s von Investor Village, es steht aber auch auf der Website von TAM
"Tamerlane Reaches Agreement With the Hay River Metis Council
Tamerlane Reaches Agreement With the Hay River Metis Council
Monday September 17, 12:05 pm ET
BLAINE, WASHINGTON--(Marketwire - Sept. 17, 2007) - Tamerlane Ventures Inc. (TSX VENTURE:TAM - News) is pleased to announce that a business agreement with the Hay River Metis Council has been signed. The agreement outlines job and business opportunities to the Hay River Metis Council for the Pine Point Project and ensures a long lasting relationship between Tamerlane and the Hay River Metis.
Ross Burns, President & CEO, said: "We are extremely pleased to be continuing a mutually beneficial relationship with the Hay River Metis Council and look forward to working with them as we develop our Pine Point Project."
Ross F. Burns, President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
Contact:
Brent Jones
Tamerlane Ventures Inc.
Manager of Investor Relations
(360) 332-4653
(360) 332-4652 (FAX)
Email: bjones@tamerlaneventures.com
Website: www.tamerlaneventures.com"
Ich hab´s von Investor Village, es steht aber auch auf der Website von TAM
Higher Zn, Pb, Cu this morning, european time, as anticipated after the rather big US prime rate cut yesterday.
http://www.kitcometals.com/
If this holds I feel TAM could quickly regain a big part - or even all - of the stock price loss directly caused by the Anonymous aggressive selling millions of TAM shares in one day a short while ago from around CAD 1.70-1.75 and downwards. At the very least the bottom was reached recently, with a high probability.
Fundamentally these metal prices are in fact in line with the upper end of the TAM FS & scoping study scenarios, and therefore indicate the upper end of my own (more cautious now due to higher emphazis on metal price risk in the lower end of the price target after the elevated subprime crisis) 2007 price target of CAD 3-6 as fundamentaly reasonable.
Assuming a general strong autumn/early winter on the TSX-V and metal prices almost unchanged or higher, there should be fine possibilities for TAM to reach CAD 2-3 in a month or two. That would also be a lot more logical price level (at least fundamentally speaking) than the current level after rapid the big pullback to CAD 1.1-1.3.
But the ((just on the average of course)dumb) market has the final word as usual
-------------------------------------------
TAM - Tamerlane Ventures - analysis
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 3-6
The Tamerlane CEO is very experiencied and worked as a geologist at Pine Point in Canada when the mine was producing a few decades back. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane´s Pine Point project has excellent possibilities when you look at the infrastructure. They will use freezing technology on their pilot project to control ground water. There are examples of freezing rings functioning well. Cameco´s big Cigar Lake project has been flooded, and they will use freezing technology as one of the means and messures among others to restore their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value with assumed USD 1.3 zinc and USD 1.1 copper price would be around USD 11.1 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level. Newer findings conclude that a country with a GNP/capita of around USD 5000 enters a long period of rapid growth of the demand for base metals until the GNP/capita reaches around USD 15000 when the growth rate decreases. This could be the explanation for the recent rapid growth of the demand fore base metals in the world, since a big country like China just a few years ago entered this stage. This implies that there is a high probability for the rapid growth of demand for zinc, copper and lead to continue for another 10 years or so, with world annual demand increasing around 5 % or more. India has not even entered this stage yet. However my calculation on TAM does not even consider this long term stock price value adding possibility, indicating that there is an upside compared to my price target.
If you just would like a hint of the discounted long term stock potential of TAM, let us first take a look at this example of the Pine Point zinc&lead project. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % with the revenues as calculated above. That would leave TAM potential future total nominal profits after tax of around USD 1.11-2.22 billion, and unchanged with time as long as the production lasts. The total production time is assumed to be 25 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be 40 % thereoff or around USD 444-888 million. The 2007 discounted value at 10 % interest rate, is around USD 277-553 million, if you approximate with all the 10 years of earnings achieved 7 years from now on a weighted average base (i e around the middle of 10 years after a 2009 beginning). At this moment there are only around 42 million diluted shares, but let us calculate with a heavy stock dilution for the total financing including for the copper project, to 60 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 3.15-6.29 in 2007 (with USD=1.05 CAD and taxes 35 %). So the 2007 stock fundamental potential has to be very high, and even higher if you add the value of the copper project, look at the calculation below, summaring to around CAD 4-7.
Tamerlane has optioned Los Pinos Copper Deposit in Peru. The total payment will be around USD 1 million. It has a historical resource of around 63 million tons with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. TAM plans to carry out a USD 1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for during the second quarter of 2007. The results will provide input for an NI 43-101 compliant technical report and the basis for an updated feasibility study. The possible profit from this project could be roughly but cautiously estimated from the historic feasibility showed plans for producing 25 million pound of copper per year corresponding to revenues of USD 62.5 million assuming a USD 2.60 copper price. Furthermore the copper resource is expandable. Assuming costs of USD 1.5/lb the earnings before tax would be USD 27.5 million corresponding to 0.31 CAD/share after tax. I assume all capital costs are included with the stock dilution up to 60 million shares. A p/e 7 then would add CAD 2.19 to the long term stock price potential. I assume this profit is generated in 2011, and the value of it discounted to CAD 1.40 2009, with a high 25 % interest rate.
This new TAM valuation based on the feasibility study on the R-190 pilot project, the scoping study (including the TAM metal price assumptions) to 2014 as of Aug 24, and the conference call as of Aug 27, i.e. a risk adjusted net present value of cash flow after tax follows here suggesting a similar price target as indicated above :
Cash flow from Pine Point project the just the first 6 years (2009-2014) as forecasted by TAM is USD 297 - 495 million (with Zn 1.30 Pb 0.80 as of Aug 21 15 month hedged prices i.e. I do not count with spot prices at this stage. The lower end suggests a Pb price at a much lower level than the current level which is 70 % higher). Discounting with 10 % interest, with presumed "value center of gravity" January 2012, i. e. 3 years away from 2009 : USD (297 to 495) / (1.10^3) million or around USD 223-372 or around CAD 234-390 million (assuming USD= 1.05 CAD). After tax, assumed at 35 %, you get a 2009 CAD 152-254 million present value of the net cash flow. Assuming a heavy dilution to 60 million shares you get a Pine Point 2009-2014 TAM 2009 share value of CAD 2.54-4.23.
You should add a, probably cautious by me suggested, after tax 2009 value per share of the remaining, over 9 years, according to this calculation :
An theoretically identical project (each year equal on the average) another 9 years (2015-2023) would bring the same 2009 value as above but discounted to 9/6 x /((1.10^4.5)(1.10^6)) or 55 % of the initial 6 years or CAD 1.40-2.33 per share. However grades would be lower (impling lower revenues per tonne ore) but half of the lower end or CAD 0.70 per share could be reasonable as a rough approximation of the expected value. Also the efficiency or productivity of the mining should have been trimmed by then, resulting in better economy in that respect - not considering grades. There is an upside to this estimate per share if metal prices will continue to rise since prices rising faster than 10 % per year could eliminate the whole discounting procedure.
In summary so far you find that the Pine Point project could be fair valued at around CAD 3.24--4.93 in 2009, assuming Zn and Pb between USD 1.30, 0.80 respectively to current (Aug 21) 15 month hedged prices, and with Cu at my assumption 2.60, discounting net cash flow with a 10 % interest rate. But if you calculate with Aug 21 metal market prices as TAM also does in the news release you get a corresponding price target around CAD 3.24-5.94.
However the TAM net cash flow figures are estimates after CAPEX has been deducted. Thus the total after tax cash flow is around CAD 93 million higher than I have calculated, minus financial costs due to debt financing, probably at least CAD 79 million . Adjusting for this the price target should be significantly higher , or around CAD 0.98 per share higher (calculating with capital costs of CAD 98 million - tax free since new equity is assumed by new stock dilution at stock price CAD 2, 18 million new shares adding CAD 36 million equity and using CAD 62 million debt, and that the needed capital is paid back in a 3 years ). A more true 2009 Pine Point project valuation therefore should be around or over CAD 4.22-6.92.
But you cannot exclude the big Peru copper project from the TAM share valuation. I calculate above a risk adjusted 2009 value of around CAD 1.40 per share. Thus my TAM 2009 price target is CAD 5.62-8.32. Discounting with a risk adjusted 25 % interest year per year as I usually do with junior mining companies until production start i.e. around 15 months from now, a 2007 price target is CAD (5.62-8.94) x (1./1.25) ^ (15/12) or around CAD 4.25-6.29.
Thus the calculated price target interval is completely within and therefore more precise than the rough calculated potential above in one of the first few paragraphs of this analysis. Finally per mid Sept 2007 I reduce the lower 2007 price target end somewhat arbitrarily to CAD 3, due to the risk that metal prices will be far lower than assumed above. In rough figures then my 2007 price target is CAD 3-6.
Since TAM later can hedge the whole R-190 pilot project the metal price risk may be reduced and a big part of future revenues could be "locked in". There is a risk for stock dilution at a lower stock price than in my assumption above which could affect the price target interval downwards.
On the other hand yoy may add that TAM at the conference call after the feasbility study was published, indicated that the Net Present Value of the whole project is expected to be over 1 billion dollar ! After tax and per, by me in my analysis assumed , share number that corresponds to over CAD 11, suggesting TAM is very optimistic in the long term and my price target cautious.
The permitting issue should not be a very big obstacle due to the economic boost the project would result in, even if it is the environmental authorities that actually can permit the project, and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either. The company so far has made a deal with two of three aboriginal groups, so called First Nations, which now supports the project. Before permitting, TAM may continue to be a volatile stock although still with a very fine risk/reward ratio. Primarily the long term metal prices and secondary the permitting process are most likely the most important risk factors, but the metal prices are also a long term further potential as long as especially China & India continue their fast economic growth.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
http://www.kitcometals.com/
If this holds I feel TAM could quickly regain a big part - or even all - of the stock price loss directly caused by the Anonymous aggressive selling millions of TAM shares in one day a short while ago from around CAD 1.70-1.75 and downwards. At the very least the bottom was reached recently, with a high probability.
Fundamentally these metal prices are in fact in line with the upper end of the TAM FS & scoping study scenarios, and therefore indicate the upper end of my own (more cautious now due to higher emphazis on metal price risk in the lower end of the price target after the elevated subprime crisis) 2007 price target of CAD 3-6 as fundamentaly reasonable.
Assuming a general strong autumn/early winter on the TSX-V and metal prices almost unchanged or higher, there should be fine possibilities for TAM to reach CAD 2-3 in a month or two. That would also be a lot more logical price level (at least fundamentally speaking) than the current level after rapid the big pullback to CAD 1.1-1.3.
But the ((just on the average of course)dumb) market has the final word as usual
-------------------------------------------
TAM - Tamerlane Ventures - analysis
Disclaimer : I take no responsibility whatsoever for any errors, bad conclusions, important facts missing etc that might affect my analyses and their readers in any respect, but I always try to keep the facts accurate, as well as the calculations with their usually simple mathematics. Sometimes even the companies analysed deliver false information which could be impossible to detect for me and many other interested parties. In general I trust the corporate information and use it for my analyses. The future can´t be predicted 100 % and the stock market in particular is associated with considerable risks on the company level, but also on branch-, country- and world market level, implying that each person has to take their own full responsibility of the consequences of buying this particular stock.
Do your own due diligence !
2007 price target CAD 3-6
The Tamerlane CEO is very experiencied and worked as a geologist at Pine Point in Canada when the mine was producing a few decades back. The chairman of the board and the CEO have a 3 % NSR, net smelter revenue deal implying a cost for Tamerlane of around 2.5-2.6 % of total revenues. Therefore they have a strong incitament for the project to succeed.
Tamerlane´s Pine Point project has excellent possibilities when you look at the infrastructure. They will use freezing technology on their pilot project to control ground water. There are examples of freezing rings functioning well. Cameco´s big Cigar Lake project has been flooded, and they will use freezing technology as one of the means and messures among others to restore their troubled uranium mine.
With an estimated historic resource base of about 70 millions of tons from all 34 deposits, near the Pine Point area with its historic mine , containing an around 1.6% lead and 4.2% zinc, the total sales value with assumed USD 1.3 zinc and USD 1.1 copper price would be around USD 11.1 billion, with zinc accounting for most of that value. The long term price outlook for zinc and lead seems good, as long as the China and India economies continue to grow at a very high level. Newer findings conclude that a country with a GNP/capita of around USD 5000 enters a long period of rapid growth of the demand for base metals until the GNP/capita reaches around USD 15000 when the growth rate decreases. This could be the explanation for the recent rapid growth of the demand fore base metals in the world, since a big country like China just a few years ago entered this stage. This implies that there is a high probability for the rapid growth of demand for zinc, copper and lead to continue for another 10 years or so, with world annual demand increasing around 5 % or more. India has not even entered this stage yet. However my calculation on TAM does not even consider this long term stock price value adding possibility, indicating that there is an upside compared to my price target.
If you just would like a hint of the discounted long term stock potential of TAM, let us first take a look at this example of the Pine Point zinc&lead project. Assume that the Tamerlane profit margin after all costs including tax will average 10-20 % with the revenues as calculated above. That would leave TAM potential future total nominal profits after tax of around USD 1.11-2.22 billion, and unchanged with time as long as the production lasts. The total production time is assumed to be 25 years. Now if we just calculate with the first 10 years of production starting with 2009, total net earnings would be 40 % thereoff or around USD 444-888 million. The 2007 discounted value at 10 % interest rate, is around USD 277-553 million, if you approximate with all the 10 years of earnings achieved 7 years from now on a weighted average base (i e around the middle of 10 years after a 2009 beginning). At this moment there are only around 42 million diluted shares, but let us calculate with a heavy stock dilution for the total financing including for the copper project, to 60 million TAM shares, we would get an earnings based approximate discounted net per share value of around CAD 3.15-6.29 in 2007 (with USD=1.05 CAD and taxes 35 %). So the 2007 stock fundamental potential has to be very high, and even higher if you add the value of the copper project, look at the calculation below, summaring to around CAD 4-7.
Tamerlane has optioned Los Pinos Copper Deposit in Peru. The total payment will be around USD 1 million. It has a historical resource of around 63 million tons with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. TAM plans to carry out a USD 1.0 million in-fill drilling program on the Los Pinos property on receipt of a drilling permit, which will be applied for during the second quarter of 2007. The results will provide input for an NI 43-101 compliant technical report and the basis for an updated feasibility study. The possible profit from this project could be roughly but cautiously estimated from the historic feasibility showed plans for producing 25 million pound of copper per year corresponding to revenues of USD 62.5 million assuming a USD 2.60 copper price. Furthermore the copper resource is expandable. Assuming costs of USD 1.5/lb the earnings before tax would be USD 27.5 million corresponding to 0.31 CAD/share after tax. I assume all capital costs are included with the stock dilution up to 60 million shares. A p/e 7 then would add CAD 2.19 to the long term stock price potential. I assume this profit is generated in 2011, and the value of it discounted to CAD 1.40 2009, with a high 25 % interest rate.
This new TAM valuation based on the feasibility study on the R-190 pilot project, the scoping study (including the TAM metal price assumptions) to 2014 as of Aug 24, and the conference call as of Aug 27, i.e. a risk adjusted net present value of cash flow after tax follows here suggesting a similar price target as indicated above :
Cash flow from Pine Point project the just the first 6 years (2009-2014) as forecasted by TAM is USD 297 - 495 million (with Zn 1.30 Pb 0.80 as of Aug 21 15 month hedged prices i.e. I do not count with spot prices at this stage. The lower end suggests a Pb price at a much lower level than the current level which is 70 % higher). Discounting with 10 % interest, with presumed "value center of gravity" January 2012, i. e. 3 years away from 2009 : USD (297 to 495) / (1.10^3) million or around USD 223-372 or around CAD 234-390 million (assuming USD= 1.05 CAD). After tax, assumed at 35 %, you get a 2009 CAD 152-254 million present value of the net cash flow. Assuming a heavy dilution to 60 million shares you get a Pine Point 2009-2014 TAM 2009 share value of CAD 2.54-4.23.
You should add a, probably cautious by me suggested, after tax 2009 value per share of the remaining, over 9 years, according to this calculation :
An theoretically identical project (each year equal on the average) another 9 years (2015-2023) would bring the same 2009 value as above but discounted to 9/6 x /((1.10^4.5)(1.10^6)) or 55 % of the initial 6 years or CAD 1.40-2.33 per share. However grades would be lower (impling lower revenues per tonne ore) but half of the lower end or CAD 0.70 per share could be reasonable as a rough approximation of the expected value. Also the efficiency or productivity of the mining should have been trimmed by then, resulting in better economy in that respect - not considering grades. There is an upside to this estimate per share if metal prices will continue to rise since prices rising faster than 10 % per year could eliminate the whole discounting procedure.
In summary so far you find that the Pine Point project could be fair valued at around CAD 3.24--4.93 in 2009, assuming Zn and Pb between USD 1.30, 0.80 respectively to current (Aug 21) 15 month hedged prices, and with Cu at my assumption 2.60, discounting net cash flow with a 10 % interest rate. But if you calculate with Aug 21 metal market prices as TAM also does in the news release you get a corresponding price target around CAD 3.24-5.94.
However the TAM net cash flow figures are estimates after CAPEX has been deducted. Thus the total after tax cash flow is around CAD 93 million higher than I have calculated, minus financial costs due to debt financing, probably at least CAD 79 million . Adjusting for this the price target should be significantly higher , or around CAD 0.98 per share higher (calculating with capital costs of CAD 98 million - tax free since new equity is assumed by new stock dilution at stock price CAD 2, 18 million new shares adding CAD 36 million equity and using CAD 62 million debt, and that the needed capital is paid back in a 3 years ). A more true 2009 Pine Point project valuation therefore should be around or over CAD 4.22-6.92.
But you cannot exclude the big Peru copper project from the TAM share valuation. I calculate above a risk adjusted 2009 value of around CAD 1.40 per share. Thus my TAM 2009 price target is CAD 5.62-8.32. Discounting with a risk adjusted 25 % interest year per year as I usually do with junior mining companies until production start i.e. around 15 months from now, a 2007 price target is CAD (5.62-8.94) x (1./1.25) ^ (15/12) or around CAD 4.25-6.29.
Thus the calculated price target interval is completely within and therefore more precise than the rough calculated potential above in one of the first few paragraphs of this analysis. Finally per mid Sept 2007 I reduce the lower 2007 price target end somewhat arbitrarily to CAD 3, due to the risk that metal prices will be far lower than assumed above. In rough figures then my 2007 price target is CAD 3-6.
Since TAM later can hedge the whole R-190 pilot project the metal price risk may be reduced and a big part of future revenues could be "locked in". There is a risk for stock dilution at a lower stock price than in my assumption above which could affect the price target interval downwards.
On the other hand yoy may add that TAM at the conference call after the feasbility study was published, indicated that the Net Present Value of the whole project is expected to be over 1 billion dollar ! After tax and per, by me in my analysis assumed , share number that corresponds to over CAD 11, suggesting TAM is very optimistic in the long term and my price target cautious.
The permitting issue should not be a very big obstacle due to the economic boost the project would result in, even if it is the environmental authorities that actually can permit the project, and I feel there is a high probability for acceptance, given the type of operations, the historic mining in the same area and Tamerlane´s measures to act within the regulations. The local support can´t be a negative factor either. The company so far has made a deal with two of three aboriginal groups, so called First Nations, which now supports the project. Before permitting, TAM may continue to be a volatile stock although still with a very fine risk/reward ratio. Primarily the long term metal prices and secondary the permitting process are most likely the most important risk factors, but the metal prices are also a long term further potential as long as especially China & India continue their fast economic growth.
Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.
Tamerlane Receives Drilling Permit for Los Pinos
BLAINE, WASHINGTON, Sep 27, 2007 (CCNMatthews via COMTEX News Network) --
Tamerlane Ventures Inc. (TSX VENTURE:TAM) is pleased to announce that it has received a drill permit for the Company's Los Pinos copper project, which is located in the Coastal Cordillera of southern Peru.
As previously announced (see March 27, 2007 press release) Tamerlane plans to carry out a US$1.0 million in-fill drilling program on the Los Pinos property to provide input for an NI 43-101 compliant Technical Report, which will be the basis for an updated feasibility study.
The Los Pinos deposit is an oxide copper deposit developed on a porphyry system. The deposit consists of three mineralized zones: oxide, mixed oxide/sulphide, and sulphide. The deposit has the potential for open pit mining, heap leaching followed by solvent extraction/electrowinning (SX/EW) to recover the copper. Metallurgical testing has shown that the deposit is amenable to run-of-mine heap leaching (ref: Pincock, Allen & Holt, 1994, Evaluation of Los Pinos Project). The deposit geologically is similar to Cerro Verde in Peru and in size similar to Carlota in Arizona.
In 1994, Pincock, Allen & Holt (PAH) carried out an evaluation of the Los Pinos Project for Asarco Inc. PAH's report summarized the resource modeling methodology, resource estimate, mine plans, and mineable reserves. Capital and operating costs were reviewed and mine plans were generated. PAH provided data for ASARCO Inc. to incorporate into a prefeasibility-level evaluation of the project. The historical resource estimated by PAH in 1994 was 63,191,000 tonnes with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. A mine plan and production schedule demonstrated mining 3.6 million tonnes per year for 10 years at an average grade of 0.40% copper with a strip ratio of 1 to 1, producing approximately 25 million pounds of cathode copper per year. The copper price used in the 1994 study was US$0.90 per pound compared to US$3.60 per pound at present. The PAH feasibility data is outdated and should not be relied on.
Significant opportunity exists to verify and expand the historical resource with more drilling and refinement of the mine plan. The historical resource reported by PAH has not been verified by an NI 43-101 Qualified Person and should not be relied on.
The technical content of this press release has been reviewed by Mr. Ross Burns, P.Geo., LG, President & CEO of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
Ross Burns, President & CEO, said: "We are pleased to have a drill permit for Los Pinos, and be in a position to move this exciting oxide copper porphyry project to the next phase of development. Our objective is to develop Tamerlane into a significant base metal producer. The Pine Point project in the Northwest Territories is also progressing on schedule, and we expect to begin mining operations in late 2008 or early 2009."
"Ross F. Burns", President & CEO
BLAINE, WASHINGTON, Sep 27, 2007 (CCNMatthews via COMTEX News Network) --
Tamerlane Ventures Inc. (TSX VENTURE:TAM) is pleased to announce that it has received a drill permit for the Company's Los Pinos copper project, which is located in the Coastal Cordillera of southern Peru.
As previously announced (see March 27, 2007 press release) Tamerlane plans to carry out a US$1.0 million in-fill drilling program on the Los Pinos property to provide input for an NI 43-101 compliant Technical Report, which will be the basis for an updated feasibility study.
The Los Pinos deposit is an oxide copper deposit developed on a porphyry system. The deposit consists of three mineralized zones: oxide, mixed oxide/sulphide, and sulphide. The deposit has the potential for open pit mining, heap leaching followed by solvent extraction/electrowinning (SX/EW) to recover the copper. Metallurgical testing has shown that the deposit is amenable to run-of-mine heap leaching (ref: Pincock, Allen & Holt, 1994, Evaluation of Los Pinos Project). The deposit geologically is similar to Cerro Verde in Peru and in size similar to Carlota in Arizona.
In 1994, Pincock, Allen & Holt (PAH) carried out an evaluation of the Los Pinos Project for Asarco Inc. PAH's report summarized the resource modeling methodology, resource estimate, mine plans, and mineable reserves. Capital and operating costs were reviewed and mine plans were generated. PAH provided data for ASARCO Inc. to incorporate into a prefeasibility-level evaluation of the project. The historical resource estimated by PAH in 1994 was 63,191,000 tonnes with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. A mine plan and production schedule demonstrated mining 3.6 million tonnes per year for 10 years at an average grade of 0.40% copper with a strip ratio of 1 to 1, producing approximately 25 million pounds of cathode copper per year. The copper price used in the 1994 study was US$0.90 per pound compared to US$3.60 per pound at present. The PAH feasibility data is outdated and should not be relied on.
Significant opportunity exists to verify and expand the historical resource with more drilling and refinement of the mine plan. The historical resource reported by PAH has not been verified by an NI 43-101 Qualified Person and should not be relied on.
The technical content of this press release has been reviewed by Mr. Ross Burns, P.Geo., LG, President & CEO of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
Ross Burns, President & CEO, said: "We are pleased to have a drill permit for Los Pinos, and be in a position to move this exciting oxide copper porphyry project to the next phase of development. Our objective is to develop Tamerlane into a significant base metal producer. The Pine Point project in the Northwest Territories is also progressing on schedule, and we expect to begin mining operations in late 2008 or early 2009."
"Ross F. Burns", President & CEO
TAM sieht sehr interessant aus - was mir aber beim Research aufgefallen ist, ist das Gekluengel mit Century Mining , sowohl finanziell als auch personell. Das gefaellt mir nicht besonders... Weiss da jemand, was da geht? Kriegen die Manager da den Hals nicht voll und greifen gleich in 2 Firmen-Kassen? Oder sind vielleicht sogar beide Firmen Abzock-Buden?
http://www.centurymining.com/corporate/directors.html
http://www.tamerlaneventures.com/index.php?option=com_conten…
, sowohl finanziell als auch personell. Das gefaellt mir nicht besonders... Weiss da jemand, was da geht? Kriegen die Manager da den Hals nicht voll und greifen gleich in 2 Firmen-Kassen? Oder sind vielleicht sogar beide Firmen Abzock-Buden?http://www.centurymining.com/corporate/directors.html
http://www.tamerlaneventures.com/index.php?option=com_conten…
Antwort auf Beitrag Nr.: 31.877.274 von Fisherman99 am 07.10.07 06:20:11Ich blicke bei TAM nach wie vor nicht durch, daher habe ich der Kurserholung auch nur zuschauen dürfen und auf jetzigem Niveau noch einzusteigen trau ich mich auch net. Gibt halt Titel, die ich nicht einschätzen und handeln kann, was solls.
Fisherman,
dass zwei Unternehmen unter einem Dach gemanagt werden ist an der TSX mehr die Regel als die Ausnahme. Oftmals sind es 5 Juniors oder mehr. Darüber hinaus sind Vorstände/Geologen oft für zwei oder mehr Juniors aktiv. Kein Grund TAM als mögliche "Abzock-Bude" zu bezeichnen.
dass zwei Unternehmen unter einem Dach gemanagt werden ist an der TSX mehr die Regel als die Ausnahme. Oftmals sind es 5 Juniors oder mehr. Darüber hinaus sind Vorstände/Geologen oft für zwei oder mehr Juniors aktiv. Kein Grund TAM als mögliche "Abzock-Bude" zu bezeichnen.
Public Hearing/16.Oktober
Noch 9 Tage bis zum Public Hearing in Fort Resolution. Es wird das letzte Meeting sein bevor sich das MVERIB zurückzieht um eine Entscheidung zu fällen. Auf der Website sind nun alle Dokumente zum Hearing eingestellt, u.a. eine neue Präsentation von TAM. Wichtiger ist die "Developer's Response to Technical Reports" in dem TAM auf alle ausstehenden technischen Fragen der Umweltbehörden eingeht. Hier der Link zu den Dokumenten:
http://www.mveirb.nt.ca/registry/index.php?btn=Search&active…
Die Blei-Preise steigen weiter von Rekord zu Rekord. Invernias Magellan-Mine (3% der weltweiten Blei-Produktion) wird nach dem Umweltskandal bis mindestens Mitte 2008 geschlossen bleiben. Die australischen Behörden beginnen gerade erst ihre Untersuchungen...
Noch 9 Tage bis zum Public Hearing in Fort Resolution. Es wird das letzte Meeting sein bevor sich das MVERIB zurückzieht um eine Entscheidung zu fällen. Auf der Website sind nun alle Dokumente zum Hearing eingestellt, u.a. eine neue Präsentation von TAM. Wichtiger ist die "Developer's Response to Technical Reports" in dem TAM auf alle ausstehenden technischen Fragen der Umweltbehörden eingeht. Hier der Link zu den Dokumenten:
http://www.mveirb.nt.ca/registry/index.php?btn=Search&active…
Die Blei-Preise steigen weiter von Rekord zu Rekord. Invernias Magellan-Mine (3% der weltweiten Blei-Produktion) wird nach dem Umweltskandal bis mindestens Mitte 2008 geschlossen bleiben. Die australischen Behörden beginnen gerade erst ihre Untersuchungen...
Nachdem auch der Stadtrat von Hay River hinter dem Projekt steht und das Konzept sicher auch das MVEIRB überzeugt, mache ich mir eher über die Finanzierung (bzw. über deren Konditionen) Gedanken.
Diesbezügliche Meldungen werden aber wohl erst nach erteilter Genehmigung erscheinen.
Diesbezügliche Meldungen werden aber wohl erst nach erteilter Genehmigung erscheinen.
Antwort auf Beitrag Nr.: 31.893.753 von medimmune am 07.10.07 21:07:59Wollte dein Augenmerk mal auf Seite 25 der Präsentation lenken.
Ich denke, daß mit Bankkredit finanziert wird, zumal entsprechende Zinsen kalkuliert werden.
Es wundert mich etwas, daß für 2010 93 Mio. Dollar Cash Flow kalkuliert werden und für 2011 nur 67 Mio. Dollar.
Die Frage ist, ob da noch Abschreibungen abgehen und wieviel Steuern, um den Gewinn kalkulieren zu können.
Ich denke, daß das konservativ gerechnet ist.
Es ist gut, aber nicht so gut, wie in manchen Hochrechnungen vorher.
Trotzdem denke ich, daß in 2-3 Jahren relativ sicher 200-300 % drin sind, was man woanders nicht oder nicht so sicher geboten bekommt.
Das Peru-Projekt kommt dann noch dazu.
Ich denke, daß mit Bankkredit finanziert wird, zumal entsprechende Zinsen kalkuliert werden.
Es wundert mich etwas, daß für 2010 93 Mio. Dollar Cash Flow kalkuliert werden und für 2011 nur 67 Mio. Dollar.
Die Frage ist, ob da noch Abschreibungen abgehen und wieviel Steuern, um den Gewinn kalkulieren zu können.
Ich denke, daß das konservativ gerechnet ist.
Es ist gut, aber nicht so gut, wie in manchen Hochrechnungen vorher.
Trotzdem denke ich, daß in 2-3 Jahren relativ sicher 200-300 % drin sind, was man woanders nicht oder nicht so sicher geboten bekommt.
Das Peru-Projekt kommt dann noch dazu.
Was ist denn hier los? Sind das nur Gewinnmitnahmen oder gibt es einen fundamentalen Grund für die Schwäche? Ich hab im Dummschlag meine halbe Position sehr gut verkauft und suche nach einem guten Wiedereinstieg. Mit den Metis hat man sich geeinigt, die Präsentation sieht gut aus, die Bleipreise gehen durch die Decke, Zink liegt auch oberhalb der Annahmen des Unternehmens, der feste CAD spart in der anstehenden Aufbauphase Kosten. Wo liegt der Haken? Oder haben wir jetzt wieder ein ähnlich günstiges Chance/Risiko-Verhältnis wie im Frühjahr bei 0,60?
"Oder haben wir jetzt wieder ein ähnlich günstiges Chance/Risiko-Verhältnis wie im Frühjahr bei 0,60?"
Ich glaube ja, zumindest wenn man etwas Geduld mitbringt. Einen fundamentalen Hintergrund von Unternehmenseite hat die Schwäche nicht. Der Zinkpreis wird 2008 relativ schwach vorrausgesagt, da mit Überkapazitäten aufgrund neu eröffnender Minen zu rechnen ist. Viele Analysten sagen jedoch, dass bei $1,20 bereits alle Szenarien eingepreist sind. Das Blatt wendet sich für Zink in 2009/2010, also etwa zu Produktionsbeginn bei TAM. Es wird ein starker Nachfrageüberhang aufgrund schließender Minen und weiter steigender Nachfrage vorhergesagt. Wenn Börse die Zukunft bewertet leiden wir wohl im Moment etwas unter den Voraussagen für Zink und sollten ((vielleicht ab dem zweitem Halbjahr)) 2008 wieder umso mehr von bullishen Vorhersagen für Zink profitieren.
Natürlich werden viele andere Faktoren noch eine Rolle spielen, die dem Kurs hoffentlich schon viel früher wieder Auftrieb geben können. Die Genehmigung müsste per Q4 oder Q1 07 kommen, Roadshows, die Finanzierung, Bohrergebnisse per Q4 oder Q1, die am Markt für Aufsehen sorgen sollten (confirmational drillings um die historischen Ressourcen auf NI 43-101 reserves zu bringen). Zudem sieht Blei für 2008 und später sehr gut aus.
TAM ist ziemlich getrieben von Psychologie. Noch zu wenig Langfristinvestoren, zu viele Spekulanten, zu viel Trendverstärkung nach oben wie unten. Die Schwankungsbreite müsste geringer werden, je reifer das Unternehmen wird.
Ich glaube ja, zumindest wenn man etwas Geduld mitbringt. Einen fundamentalen Hintergrund von Unternehmenseite hat die Schwäche nicht. Der Zinkpreis wird 2008 relativ schwach vorrausgesagt, da mit Überkapazitäten aufgrund neu eröffnender Minen zu rechnen ist. Viele Analysten sagen jedoch, dass bei $1,20 bereits alle Szenarien eingepreist sind. Das Blatt wendet sich für Zink in 2009/2010, also etwa zu Produktionsbeginn bei TAM. Es wird ein starker Nachfrageüberhang aufgrund schließender Minen und weiter steigender Nachfrage vorhergesagt. Wenn Börse die Zukunft bewertet leiden wir wohl im Moment etwas unter den Voraussagen für Zink und sollten ((vielleicht ab dem zweitem Halbjahr)) 2008 wieder umso mehr von bullishen Vorhersagen für Zink profitieren.
Natürlich werden viele andere Faktoren noch eine Rolle spielen, die dem Kurs hoffentlich schon viel früher wieder Auftrieb geben können. Die Genehmigung müsste per Q4 oder Q1 07 kommen, Roadshows, die Finanzierung, Bohrergebnisse per Q4 oder Q1, die am Markt für Aufsehen sorgen sollten (confirmational drillings um die historischen Ressourcen auf NI 43-101 reserves zu bringen). Zudem sieht Blei für 2008 und später sehr gut aus.
TAM ist ziemlich getrieben von Psychologie. Noch zu wenig Langfristinvestoren, zu viele Spekulanten, zu viel Trendverstärkung nach oben wie unten. Die Schwankungsbreite müsste geringer werden, je reifer das Unternehmen wird.
Antwort auf Beitrag Nr.: 32.113.882 von medimmune am 22.10.07 21:33:25Auf die Vorhersage von Rohstoffpreisen gebe ich wenig. Vor einem Jahr galt Blei als dem Untergang geweiht
Hab meine Stücke heute abend mit 1,20 zurückgekauft. Drückt mir die Daumen, dass es so schnell und gut abgeht wie beim ersten Mal. Ich bring aber auch die nötige Geduld mit, falls es länger dauert.
Die Freezing Ring Technologie fasziniert mich. Könnten damit nicht auch Minen ganzjährig betrieben werden, die man bislang nur während der Frostperiode betreiben konnte? Mein australischer CaCl-Hersteller in spe könnte einen neuen Absatzmarkt für seine 500.000 Tonnen p.a. gut gebrauchen.
Hab meine Stücke heute abend mit 1,20 zurückgekauft. Drückt mir die Daumen, dass es so schnell und gut abgeht wie beim ersten Mal. Ich bring aber auch die nötige Geduld mit, falls es länger dauert.
Die Freezing Ring Technologie fasziniert mich. Könnten damit nicht auch Minen ganzjährig betrieben werden, die man bislang nur während der Frostperiode betreiben konnte? Mein australischer CaCl-Hersteller in spe könnte einen neuen Absatzmarkt für seine 500.000 Tonnen p.a. gut gebrauchen.
Oct. 26, 2007
Tamerlane announced today it has reached an agreement for a private placement to issue up to $1.5 million in Flow-Through Shares. Each Flow-Through Share will be issued at a subscription price of C$1.50 per share. The Flow-Through funds will be used to provide drill confirmation of Indicated Resources at the Company's Pine Point lead-zinc property, which is located in the Northwest Territories. This will allow the resources to be re-categorized as additional Reserves. The securities issued under this financing will be subject to a four-month hold period.
The company will pay a finder's fee of 6.0% in cash.
This financing, including the commission's payable, will be subject to approval of the TSX Venture Exchange.
On October 25, 2007 Tamerlane's shares closed at $1.24 per share on the TSX Venture Exchange.
http://biz.yahoo.com/ccn/071026/200710260421402001.html?.v=1
Tamerlane announced today it has reached an agreement for a private placement to issue up to $1.5 million in Flow-Through Shares. Each Flow-Through Share will be issued at a subscription price of C$1.50 per share. The Flow-Through funds will be used to provide drill confirmation of Indicated Resources at the Company's Pine Point lead-zinc property, which is located in the Northwest Territories. This will allow the resources to be re-categorized as additional Reserves. The securities issued under this financing will be subject to a four-month hold period.
The company will pay a finder's fee of 6.0% in cash.
This financing, including the commission's payable, will be subject to approval of the TSX Venture Exchange.
On October 25, 2007 Tamerlane's shares closed at $1.24 per share on the TSX Venture Exchange.
http://biz.yahoo.com/ccn/071026/200710260421402001.html?.v=1
Antwort auf Beitrag Nr.: 31.880.836 von Schnuckelinchen am 07.10.07 11:05:53Die vorsichtige Haltung gegenüber TAM hat sich bislang bestätigt. Der Wert ist in bullischem Umfeld heute weiter gefallen, da stimmt sicher irgendwas nicht.
Wer noch einen völlig unterbewerteten soliden Wert ohne grosse Risiken sucht kann sich mal Aurcana ansehen. [Thread-Nr: 1079122]
Wer noch einen völlig unterbewerteten soliden Wert ohne grosse Risiken sucht kann sich mal Aurcana ansehen. [Thread-Nr: 1079122]
Nov. 6, 2007
Tamerlane Ventures announced today that, as a result of a review by the British Columbia Securities Commission, it has issued the following clarification of its scoping study announced on August 24, 2007.
In section 7 (pages 5-6) and section 10 (page 7) of the August 24 news release, Tamerlane makes reference to 5 deposits containing approximately 6 million tonnes of resources. It should be noted that 2 of these deposits, specifically V-46, estimated by Westmin in the 1970's, and Z-155, estimated by Westmin in 1985, are historical resources and therefore not compliant with NI 43-101.
Tamerlane reiterates that no independent audit was done for the supplemental in-house scoping study. Furthermore, the in-house scoping study does not meet the definition of a preliminary assessment in NI 43-101, and should not be relied on for production forecasting or economic analysis.
The study included historical and inferred or unclassified mineral resources, some of which are too speculative geologically to have economic considerations applied to them. There is no certainty that the study results will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Tamerlane is in the process of drilling the deposits included in the Scoping Study to move these resources into the measured and indicated resource categories. The results of this drilling will be incorporated into a feasibility study subject to review by third party consultants Chlumsky, Armbrust & Meyer (CAM).
http://biz.yahoo.com/ccn/071106/200711060423840001.html?.v=1
Tamerlane Ventures announced today that, as a result of a review by the British Columbia Securities Commission, it has issued the following clarification of its scoping study announced on August 24, 2007.
In section 7 (pages 5-6) and section 10 (page 7) of the August 24 news release, Tamerlane makes reference to 5 deposits containing approximately 6 million tonnes of resources. It should be noted that 2 of these deposits, specifically V-46, estimated by Westmin in the 1970's, and Z-155, estimated by Westmin in 1985, are historical resources and therefore not compliant with NI 43-101.
Tamerlane reiterates that no independent audit was done for the supplemental in-house scoping study. Furthermore, the in-house scoping study does not meet the definition of a preliminary assessment in NI 43-101, and should not be relied on for production forecasting or economic analysis.
The study included historical and inferred or unclassified mineral resources, some of which are too speculative geologically to have economic considerations applied to them. There is no certainty that the study results will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Tamerlane is in the process of drilling the deposits included in the Scoping Study to move these resources into the measured and indicated resource categories. The results of this drilling will be incorporated into a feasibility study subject to review by third party consultants Chlumsky, Armbrust & Meyer (CAM).
http://biz.yahoo.com/ccn/071106/200711060423840001.html?.v=1
Antwort auf Beitrag Nr.: 32.317.581 von MFC500 am 06.11.07 23:01:21@ MFC 500,
hilf mir doch bitte mal auf die Sprünge.
Sie haben in der alten News ja darauf hingewiesen, aber nicht explizit unten als Warnung. Reichen die das jetzt deswegen nach?
Das würde ja bedeuten, das die British Columbia Securities Commission sie auf Fehler in ihrer scoping study aufmerksam machen musste.
Für mich erscheint es, als ob sie dazu gezwungen wurden, dies zu veröffentlichen.
Gibt es inhaltlich etwas, was TAM falsch dargelegt hatte?
danke für eine Hilfe
ikar
hilf mir doch bitte mal auf die Sprünge.
Sie haben in der alten News ja darauf hingewiesen, aber nicht explizit unten als Warnung. Reichen die das jetzt deswegen nach?
Das würde ja bedeuten, das die British Columbia Securities Commission sie auf Fehler in ihrer scoping study aufmerksam machen musste.
Für mich erscheint es, als ob sie dazu gezwungen wurden, dies zu veröffentlichen.
Gibt es inhaltlich etwas, was TAM falsch dargelegt hatte?
danke für eine Hilfe
ikar
Antwort auf Beitrag Nr.: 32.317.869 von Ikar am 06.11.07 23:23:11Fehler ist übertrieben. Tamerlane hat nur teilweise versäumt darauf hinzuweisen, daß bestimmte historische Resourcenschätzungen nicht NI 43-101 konform sind. Der Hinweis, daß nur das R-190 Deposit von unabhängiger Seite geprüft wurde, ergibt sich zwar m.E. eindeutig aus der Meldung, hätte aber expliziter formuliert werden können (sollen). Insofern handelt es sich, wie auch eingangs erwähnt, nur um eine Klarstellung (besser Verdeutlichung) bestimmter Fakten. Also kein Beinbruch. Außerdem ist es doch erfreulich, wenn jemand solche Unternehmensmeldungen eingehend prüft. Lediglich die Prüfdauer ist ein schlechter Witz.
Antwort auf Beitrag Nr.: 32.320.244 von MFC500 am 07.11.07 09:43:09danke sehr
Nov. 8, 2007
Tamerlane Ventures announced today that it has commenced a confirmation drilling program at the Company's Pine Point property, located in the Northwest Territories of Canada.
On August 24, 2007 Tamerlane announced the results of its ore reserve studies for Pine Point, which include reserves for the R190 deposit and indicated resources for several nearby deposits. The purpose of the drill program announced today is to produce the drill holes necessary to upgrade the additional deposits and complete a subsequent feasibility study and reserve report for these deposits to extend the mine life.
Tamerlane's property is located at the site of the historic Pine Point Mine in Canada's Northwest Territories. Tamerlane controls this property plus a large contiguous property to the west originally explored by Westmin Resources.
As previously announced, the Company will first mine the R190 deposit, which has proven reserves of 1,000,027 tonnes at a grade of 11.16% zinc and 5.49% lead (ref: August 24, 2007 Tamerlane press release). Tamerlane will then use the R190 infrastructure to access some of the aforementioned nearby deposits that will be subject to an updated feasibility study. The new drill program commenced on November 1, 2007 and is expected to be completed by the end of December. Drilling will consist of 15-18 holes, and approximately 3,600 meters.
The Pine Point Property's remaining historical(i) resources, totaling 50.9 million tonnes at a grade of 3.84% zinc and 1.24 % lead, will be the target of a 2008 confirmation drilling program.
(i)Note: a qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.
In other project developments, Tamerlane has entered into a lease-to-purchase agreement for a 4,000 sq. ft. stand alone office facility in the town of Hay River. This facility will be used for management office space, employee parking, busing to and from the mine site and various other purposes.
Ross Burns, President & CEO, said: "We are extremely pleased to begin additional confirmation drilling and mine planning to significantly extend the mine life at Pine Point. The new office building is also a major step forward for Tamerlane and will provide a local office and base of operations as we continue to advance the project toward production."
http://biz.yahoo.com/ccn/071108/200711080424327001.html?.v=1
Tamerlane Ventures announced today that it has commenced a confirmation drilling program at the Company's Pine Point property, located in the Northwest Territories of Canada.
On August 24, 2007 Tamerlane announced the results of its ore reserve studies for Pine Point, which include reserves for the R190 deposit and indicated resources for several nearby deposits. The purpose of the drill program announced today is to produce the drill holes necessary to upgrade the additional deposits and complete a subsequent feasibility study and reserve report for these deposits to extend the mine life.
Tamerlane's property is located at the site of the historic Pine Point Mine in Canada's Northwest Territories. Tamerlane controls this property plus a large contiguous property to the west originally explored by Westmin Resources.
As previously announced, the Company will first mine the R190 deposit, which has proven reserves of 1,000,027 tonnes at a grade of 11.16% zinc and 5.49% lead (ref: August 24, 2007 Tamerlane press release). Tamerlane will then use the R190 infrastructure to access some of the aforementioned nearby deposits that will be subject to an updated feasibility study. The new drill program commenced on November 1, 2007 and is expected to be completed by the end of December. Drilling will consist of 15-18 holes, and approximately 3,600 meters.
The Pine Point Property's remaining historical(i) resources, totaling 50.9 million tonnes at a grade of 3.84% zinc and 1.24 % lead, will be the target of a 2008 confirmation drilling program.
(i)Note: a qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.
In other project developments, Tamerlane has entered into a lease-to-purchase agreement for a 4,000 sq. ft. stand alone office facility in the town of Hay River. This facility will be used for management office space, employee parking, busing to and from the mine site and various other purposes.
Ross Burns, President & CEO, said: "We are extremely pleased to begin additional confirmation drilling and mine planning to significantly extend the mine life at Pine Point. The new office building is also a major step forward for Tamerlane and will provide a local office and base of operations as we continue to advance the project toward production."
http://biz.yahoo.com/ccn/071108/200711080424327001.html?.v=1
Tamerlane Closes Private Placement
Saturday November 10, 12:07 pm ET
BLAINE, WASHINGTON--(Marketwire - Nov. 10, 2007) - Tamerlane Ventures Inc. (TSX VENTURE:TAM - News) announces that it has closed a private placement previously announced on October 26, 2007. The Company has issued 811,667 Flow-Through Shares at a subscription price of C$1.50 per share for gross proceeds of $1,217,500.
ADVERTISEMENT
The Flow-Through funds will be used to provide drill confirmation of Indicated Resources at the Company's Pine Point zinc-lead property, located in the Northwest Territories, with the intention to re-categorize the Resources as additional Reserves.
The Company will pay a finder's fee of 6.0% in cash.
The securities issued under this financing will be subject to a four-month hold period and the entire placement is subject to TSX Venture Exchange approval.
Ross F. Burns, President & CEO
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
http://biz.yahoo.com/ccn/071110/200711100424913001.html?.v=1
Saturday November 10, 12:07 pm ET
BLAINE, WASHINGTON--(Marketwire - Nov. 10, 2007) - Tamerlane Ventures Inc. (TSX VENTURE:TAM - News) announces that it has closed a private placement previously announced on October 26, 2007. The Company has issued 811,667 Flow-Through Shares at a subscription price of C$1.50 per share for gross proceeds of $1,217,500.
ADVERTISEMENT
The Flow-Through funds will be used to provide drill confirmation of Indicated Resources at the Company's Pine Point zinc-lead property, located in the Northwest Territories, with the intention to re-categorize the Resources as additional Reserves.
The Company will pay a finder's fee of 6.0% in cash.
The securities issued under this financing will be subject to a four-month hold period and the entire placement is subject to TSX Venture Exchange approval.
Ross F. Burns, President & CEO
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
http://biz.yahoo.com/ccn/071110/200711100424913001.html?.v=1
Dieser Wert ist ja mittlerweile im freien Fall. Wieso man bei 1.5 CAD zulangt und zwei Wochen später für gut die Hälfte nicht kauft muss man auch nicht verstehen. Naja, bei diesem Wert hatte ich (wie bei vielen anderen sowieso) eh noch nie den Durchblick...
Antwort auf Beitrag Nr.: 32.401.278 von Schnuckelinchen am 13.11.07 00:41:38Ich verstehe die Kursentwicklung wirklich nicht.
Kann einer von den "Fachleuten" etwas dazu sagen ?
Kann einer von den "Fachleuten" etwas dazu sagen ?
Antwort auf Beitrag Nr.: 32.526.844 von Urlaub2 am 22.11.07 16:59:06Du verstehst sie nicht ? Die Anleger kommen zu dem Schluss, dass außer R 190 nichts feasibel ist und dass die Company die ganzen Milchmädchenrechnungen mit Zink 1,30 und so für die Gesamtprojektlaufzeit mit den niedriggradigen anderen Lagerstätten in die Tonne hauen kann....
Derzeit wird das Spiel 1 Mio ökonomische Tonnen und nichts dahinter gespielt, und das möchte auch noch erst mal finanziert werden (Redcorp läßt grüßen...)
Ob der Schluss richtig ist oder ob sich Zink doch 2008 /2009 wieder erholt, darauf möchte derzeit offensichtlich niemand warten...
Gruß Cutter
Derzeit wird das Spiel 1 Mio ökonomische Tonnen und nichts dahinter gespielt, und das möchte auch noch erst mal finanziert werden (Redcorp läßt grüßen...)
Ob der Schluss richtig ist oder ob sich Zink doch 2008 /2009 wieder erholt, darauf möchte derzeit offensichtlich niemand warten...
Gruß Cutter
Urlaub,
du brauchst diese Kursentwicklung nicht zu verstehen weil sie irrational ist. Sie wäre nur dann nachzuvollziehen, wenn TAM auf absehbare Zeit kein Permit bekommen würde. Das steht nicht fest, es sieht nicht danach aus und der Markt weiss es auch nicht. Auch dann nicht, wenn einige Verschwörungstheoretiker, die in solchen Phasen immer mit erhobenem Finger in Scharen aus dem Nichts auftauchen, das Gegenteil behaupten wollen.
An dem Unternehmen, dass vor einigen Monaten noch zu 3 Dollar gehandelt wurde und das jetzt bei 50 Cent notiert, hat sich nichts geändert. Das ganze Projekt ist wie praktisch alle anderen Zinkprojekte auf der Welt bei einem Zinkpreis unter 0,9 nicht mehr feasible. Ein Grund warum der Zinkpreis niemals über einen längeren Zeitraum bei Preisen unter 1 verharren wird können. Der Zinkmarkt funktioniert bei Preisen unter 1 nicht (siehe diverse Berichte der letzten Tage) Deshalb versucht die chinesische Regierung auch händeringend den Markt wieder ins Gleichgewicht zu bringen. Minen werden nur noch ab einer bestimmten Größe akzeptiert, ansonsten die Projekte eingestellt. Neuinvestition in Smelter werden gestoppt. Aus einer Export Rebate Tax von 5% (Erstattung) wird eine Tax von 5 und 10% usw. Das der TAM-Kurs unter dem Zinkpreis leidet ist nachzuvollziehen, das Ausmaß nicht. Besonders deshalb nicht weil für das Angebot/Nachfrage-Verhältnis bei Zink für 2009/2010 eine deutliche Wende vorausgesagt wird. Genau zu dem Zeitpunkt, wenn TAM in Produktion sein wird (Genehmigung vorausgesetzt).
Das alles interessiert den Markt überhaupt nicht. Die Aktie wird lieber ins Bodenlose fallen gelassen um bei einer Trendwende im Zinkmarkt dann wieder mehrere hundert Prozent nach oben katapultiert zu werden. Shortseller, Basher, Trader, alle überschlagen sich. Ich kann keinem Anleger verübeln, wenn er in einen solchen Markt kein Vertrauen mehr hat. Über die Bewertungskennzahlen bei TAM muss ich nichts mehr sagen. Die haben sich nicht verändert und sind nahezu einmalig.
Noch ein Wort zu Cutter:
Die nachfolgenden Deposits sind trotz niedrigerer Grades genauso feasible oder nicht feasible wie R-190 auch. Der Grund sind DMS und niedrigere Capex-Kosten.
Die Finanzierung kann durch Subprime ein Problem ein. Genau wie der Zinkpreis, wenn überhaupt nur ein temporäres Problem. Was das Problem der Verwässerung angeht hat man immer wieder betont, dass man gute Alternativen zur Ausgabe von Aktien hat. Warten wird ab was kommt. Ich werde M.Kent nicht vorverurteilen.
du brauchst diese Kursentwicklung nicht zu verstehen weil sie irrational ist. Sie wäre nur dann nachzuvollziehen, wenn TAM auf absehbare Zeit kein Permit bekommen würde. Das steht nicht fest, es sieht nicht danach aus und der Markt weiss es auch nicht. Auch dann nicht, wenn einige Verschwörungstheoretiker, die in solchen Phasen immer mit erhobenem Finger in Scharen aus dem Nichts auftauchen, das Gegenteil behaupten wollen.
An dem Unternehmen, dass vor einigen Monaten noch zu 3 Dollar gehandelt wurde und das jetzt bei 50 Cent notiert, hat sich nichts geändert. Das ganze Projekt ist wie praktisch alle anderen Zinkprojekte auf der Welt bei einem Zinkpreis unter 0,9 nicht mehr feasible. Ein Grund warum der Zinkpreis niemals über einen längeren Zeitraum bei Preisen unter 1 verharren wird können. Der Zinkmarkt funktioniert bei Preisen unter 1 nicht (siehe diverse Berichte der letzten Tage) Deshalb versucht die chinesische Regierung auch händeringend den Markt wieder ins Gleichgewicht zu bringen. Minen werden nur noch ab einer bestimmten Größe akzeptiert, ansonsten die Projekte eingestellt. Neuinvestition in Smelter werden gestoppt. Aus einer Export Rebate Tax von 5% (Erstattung) wird eine Tax von 5 und 10% usw. Das der TAM-Kurs unter dem Zinkpreis leidet ist nachzuvollziehen, das Ausmaß nicht. Besonders deshalb nicht weil für das Angebot/Nachfrage-Verhältnis bei Zink für 2009/2010 eine deutliche Wende vorausgesagt wird. Genau zu dem Zeitpunkt, wenn TAM in Produktion sein wird (Genehmigung vorausgesetzt).
Das alles interessiert den Markt überhaupt nicht. Die Aktie wird lieber ins Bodenlose fallen gelassen um bei einer Trendwende im Zinkmarkt dann wieder mehrere hundert Prozent nach oben katapultiert zu werden. Shortseller, Basher, Trader, alle überschlagen sich. Ich kann keinem Anleger verübeln, wenn er in einen solchen Markt kein Vertrauen mehr hat. Über die Bewertungskennzahlen bei TAM muss ich nichts mehr sagen. Die haben sich nicht verändert und sind nahezu einmalig.
Noch ein Wort zu Cutter:
Die nachfolgenden Deposits sind trotz niedrigerer Grades genauso feasible oder nicht feasible wie R-190 auch. Der Grund sind DMS und niedrigere Capex-Kosten.
Die Finanzierung kann durch Subprime ein Problem ein. Genau wie der Zinkpreis, wenn überhaupt nur ein temporäres Problem. Was das Problem der Verwässerung angeht hat man immer wieder betont, dass man gute Alternativen zur Ausgabe von Aktien hat. Warten wird ab was kommt. Ich werde M.Kent nicht vorverurteilen.
Antwort auf Beitrag Nr.: 32.532.592 von medimmune am 22.11.07 23:35:43Danke für den guten Situationsbericht.
Zusätzlich kann man vermuten, dass eine Vielzahl von Marktteilnehmern auf Kredit in dieser und vielen anderen Explorertiteln spekuliert haben und Zwangsverkäufe die Kurse weiter in die Tiefe reissen die wiederum weitere Verkäufe auslösen.
Alles in Allem zur Zeit kein gutes Klima um in Aktien zu investieren.
Zusätzlich kann man vermuten, dass eine Vielzahl von Marktteilnehmern auf Kredit in dieser und vielen anderen Explorertiteln spekuliert haben und Zwangsverkäufe die Kurse weiter in die Tiefe reissen die wiederum weitere Verkäufe auslösen.
Alles in Allem zur Zeit kein gutes Klima um in Aktien zu investieren.
Antwort auf Beitrag Nr.: 32.532.592 von medimmune am 22.11.07 23:35:43M.E. wird derzeit das Risiko eines Scheiterns der Finanzierung eingepreist. Die Gewinnspanne beim aktuellen Zinkpreis wäre viel zu gering, das Risiko für Investoren (egal, ob EK oder FK) somit sehr hoch. Insofern ist die Finanzierung sicher erheblich schwieriger für T. geworden, zumal bei dem Umfeld (Subprimekrise etc.)
Antwort auf Beitrag Nr.: 32.532.592 von medimmune am 22.11.07 23:35:43Zum Glück habe ich zu höheren Kursen mal Gewinne mitgenommen.
Bashen wäre hier überflüssig, weil zu diesen Kursen ohnehin keiner mehr verkauft.
Andere Zinkexlorer, wie TNG (früher Tennant Creek), die ohnehin weit teurer als Tamerlane waren, sind erheblich weniger gefallen.
Ich denke, daß, wie du aufgeführt hast, Tamerlane für mutige Leute ein klarer Kauf ist, weil zu Kursen unter 1 Dollar die Produktion eingeschränkt wird, was automatisch wieder zu steigenden Preisen führen wird.
Die Subprime-Krise geht vorbei und aus China und anderen Emerging Markets wird es auch in Zukunft Zinknachfrage geben.
Könntest du vielleicht mal Infos reinstellen, die auf höhere Zinkpreise 2009/10 hindeuten ?
Ich denke, daß man mit Geduld mit Tamerlane mehrere 100 % verdienen kann, zumal das gesamte Vorkommen an Zink und Blei wohl über 10 Mrd. Dollar wert ist.
Bashen wäre hier überflüssig, weil zu diesen Kursen ohnehin keiner mehr verkauft.
Andere Zinkexlorer, wie TNG (früher Tennant Creek), die ohnehin weit teurer als Tamerlane waren, sind erheblich weniger gefallen.
Ich denke, daß, wie du aufgeführt hast, Tamerlane für mutige Leute ein klarer Kauf ist, weil zu Kursen unter 1 Dollar die Produktion eingeschränkt wird, was automatisch wieder zu steigenden Preisen führen wird.
Die Subprime-Krise geht vorbei und aus China und anderen Emerging Markets wird es auch in Zukunft Zinknachfrage geben.
Könntest du vielleicht mal Infos reinstellen, die auf höhere Zinkpreise 2009/10 hindeuten ?
Ich denke, daß man mit Geduld mit Tamerlane mehrere 100 % verdienen kann, zumal das gesamte Vorkommen an Zink und Blei wohl über 10 Mrd. Dollar wert ist.
Hallo Urlaub,
ich habe mir die Artikel und Links über die Zinkpreisentwicklung leider nicht abgespeichert. Mir fehlt einfach die Zeit sie jetzt rauszusuchen. Wenn ich wieder auf einen Bericht dazu stoße werde ich ihn aber hier reinstellen.
ich habe mir die Artikel und Links über die Zinkpreisentwicklung leider nicht abgespeichert. Mir fehlt einfach die Zeit sie jetzt rauszusuchen. Wenn ich wieder auf einen Bericht dazu stoße werde ich ihn aber hier reinstellen.
Antwort auf Beitrag Nr.: 32.533.906 von MFC500 am 23.11.07 08:35:50Sehe ich das richtig, dass T somit ein OS auf den Zinkpreis ist?
Antwort auf Beitrag Nr.: 32.536.456 von Schnuckelinchen am 23.11.07 11:45:40könnte man so sehen, schließlich ändert der Zn-Preis ja nichts am Vorhandensein der Resourcen
Antwort auf Beitrag Nr.: 32.535.247 von Urlaub2 am 23.11.07 10:29:04Auf den Seiten von Yukon Zinc (oder Selwyn) www.yukonzinc.com kann man u.a. fündig werden, da legt der CEO regelmäßig seine Sicht des Zink-Gaps dar (erwartete Erschöpfung laufender Minen gegen nur wenige neue in der pipeline).
Gruß Cutter
Gruß Cutter
Antwort auf Beitrag Nr.: 32.538.074 von Cutter_Slade am 23.11.07 13:38:37Danke, es ist relativ sicher, daß der Zinkpreis wieder steigt, wenn das auch noch etwas dauern kann.
Die Alternative für TAM wäre vielleicht, daß Kupferprojekt in Peru weiterzuentwicklen und damit vielleicht früher in Produktion zu gehen.
Die Alternative für TAM wäre vielleicht, daß Kupferprojekt in Peru weiterzuentwicklen und damit vielleicht früher in Produktion zu gehen.
Antwort auf Beitrag Nr.: 32.539.817 von Urlaub2 am 23.11.07 15:37:56TAM hat übrigens bei einem Kurs von 0,59 cad umgerechnet eine MK von 16,5 Mio. Euro.
Wenn man Peru mitrechnet, ist der Ressourcenwert weit über 10 Milliarden Dollar.
Selbst wenn die Finanzierung etwas wackelt und der für Anfang 2009 vorgesehene Produktionsbeginn verschoben wird, ist das wohl der billigste Explorer der Welt.
Unglaublich !!
Wenn man Peru mitrechnet, ist der Ressourcenwert weit über 10 Milliarden Dollar.
Selbst wenn die Finanzierung etwas wackelt und der für Anfang 2009 vorgesehene Produktionsbeginn verschoben wird, ist das wohl der billigste Explorer der Welt.
Unglaublich !!
Antwort auf Beitrag Nr.: 32.542.699 von Urlaub2 am 23.11.07 18:34:03Naja, dachte bislang immer das wäre Apogee
Dann wollen wir mal hoffen, dass sich T. besser entwickelt. Auf aktuellem Niveau kann man allerdings wirklich kaum noch was falsch machen. Werde mal eine Kleinposition in mein "Hoffnungswertedepot" aufnehmen.
Dann wollen wir mal hoffen, dass sich T. besser entwickelt. Auf aktuellem Niveau kann man allerdings wirklich kaum noch was falsch machen. Werde mal eine Kleinposition in mein "Hoffnungswertedepot" aufnehmen.
Ich weiss nicht ob ich hier was nicht ganz verstehe.
Aktuell bewegen wir uns doch nicht unter der Bankenstudie, oder ?
Net Present Value NPV @ 7.5% = $203 million
Bei Zink 1,30 und Blei 0,80 USD
----------------------
Aktuell Zink 1,05 und Blei 1,40 USD
Der Einfluss der Veränderung des Zinspreises ist ca. doppelt so hoch wie die Veränderung des Bleipreises. Siehe auch hier:
Over the life of the R-190 mining operation, the analyses indicate that each $0.01/lb increase in the price of zinc increases the project's net cash flow by $1.57 million, and that each $0.01/lb increase in the price of lead increases the project's net cash flow by $811,000
Nun ist der Zinkpreis 25 cent unter der Studie und der Bleipreis ist 60 cent über der Studie.
60 durch 2 = 30 - 25 = 5 cent.
Die aktuellen Preis sind als noch 5 cent in Summe besser als die Grundannahmen der Studie, oder ?
Natürlich sollten die Preis vom jetztigen Niveau nicht noch weiter fallen, aber bei aktuellen Kursen ist das Projekt doch noch sinnvoll, oder ?
Aktuell bewegen wir uns doch nicht unter der Bankenstudie, oder ?
Net Present Value NPV @ 7.5% = $203 million
Bei Zink 1,30 und Blei 0,80 USD
----------------------
Aktuell Zink 1,05 und Blei 1,40 USD
Der Einfluss der Veränderung des Zinspreises ist ca. doppelt so hoch wie die Veränderung des Bleipreises. Siehe auch hier:
Over the life of the R-190 mining operation, the analyses indicate that each $0.01/lb increase in the price of zinc increases the project's net cash flow by $1.57 million, and that each $0.01/lb increase in the price of lead increases the project's net cash flow by $811,000
Nun ist der Zinkpreis 25 cent unter der Studie und der Bleipreis ist 60 cent über der Studie.
60 durch 2 = 30 - 25 = 5 cent.
Die aktuellen Preis sind als noch 5 cent in Summe besser als die Grundannahmen der Studie, oder ?
Natürlich sollten die Preis vom jetztigen Niveau nicht noch weiter fallen, aber bei aktuellen Kursen ist das Projekt doch noch sinnvoll, oder ?
Hallo Reiners,
du hast mit deiner Analyse Recht. Wir haben uns in unseren Diskussionen der letzten Tage sehr auf den Zinpreis fokussiert. Der starke Bleipreis wurde vernachlässigt. Das Projekt ist auch zu jetzigen Preisen noch feasible. Hoffen wir aber darauf, dass die Preise zu Produktionszeiten bei TAM höher stehen als heute!
du hast mit deiner Analyse Recht. Wir haben uns in unseren Diskussionen der letzten Tage sehr auf den Zinpreis fokussiert. Der starke Bleipreis wurde vernachlässigt. Das Projekt ist auch zu jetzigen Preisen noch feasible. Hoffen wir aber darauf, dass die Preise zu Produktionszeiten bei TAM höher stehen als heute!
Hier ein Schaubild zu einem möglichen Zink-Gap. Quelle Tech Cominco, 2003:
http://www.metalin.com/images/zinc-04-big.jpg
Diskussion zu den Aussichten von Zink auf der Homepage von Metalline Mining:
http://www.metalin.com/zincsilvercopper.html
http://www.metalin.com/images/zinc-04-big.jpg
Diskussion zu den Aussichten von Zink auf der Homepage von Metalline Mining:
http://www.metalin.com/zincsilvercopper.html
Metallanalyst von BNP: Chinesische Steuern auf Zinkexporte werden Preisverfall bei Zink verhindern
26.11.2007 | 11:50 Uhr | Rohstoff-Welt.de
Die Erhöhung von Steuern auf Zinkexporte aus China könnte einen Preisverfall beim Zink in den nächsten Jahren verhindern, so Bloomberg unter Berufung auf David Thurtell, Metallanalyst bei BNP Paribas in London. 2006 wurde China zum Zinkexporteur. Die chinesische Regierung prüft derzeit Pläne, die Besteuerung von Zinkexporten im nächsten Jahr anzuheben, was zu einem Überangebot innerhalb Chinas führen könnte.
Die Exporte aus China hatten die Preise am Zinkmarkt sinken lassen. Mit Einführung der Steuer würden stärkere Einbrüche bei den Preisen verhindert werden. Die Nachfrage aus China soll weiterhin stark bleiben. Nachfragerückgänge aus den USA werden noch für ein weiteres Jahr erwartet.
26.11.2007 | 11:50 Uhr | Rohstoff-Welt.de
Die Erhöhung von Steuern auf Zinkexporte aus China könnte einen Preisverfall beim Zink in den nächsten Jahren verhindern, so Bloomberg unter Berufung auf David Thurtell, Metallanalyst bei BNP Paribas in London. 2006 wurde China zum Zinkexporteur. Die chinesische Regierung prüft derzeit Pläne, die Besteuerung von Zinkexporten im nächsten Jahr anzuheben, was zu einem Überangebot innerhalb Chinas führen könnte.
Die Exporte aus China hatten die Preise am Zinkmarkt sinken lassen. Mit Einführung der Steuer würden stärkere Einbrüche bei den Preisen verhindert werden. Die Nachfrage aus China soll weiterhin stark bleiben. Nachfragerückgänge aus den USA werden noch für ein weiteres Jahr erwartet.
Nov. 27, Slave Lake Journal
Tamerlane awaiting permits
Tamerlane Ventures’ plan to reopen Pine Point mine will be hearing soon from the authorities on whether it’s a go as they finish up the final stages of the permit process.
Tamerlane’s vice president David Swisher said the permitting process with the Mackenzie Valley Environmental Impact Review Board is near completion, but they are still continuing to work with all relevant groups in the process. Since beginning the environmental process last summer, Tamerlane has put forward a proposal to use underground mining methods to transport a 1,000,000 ton bulk sample from Pine Point.
One of the unique methods to be implemented in this re-opening of Pine Point is the mining method proposed by Tamerlane.
“We are still freezing the ground and mining underground,” said Swisher. “We are continuing to work on improvements on minimizing the footprint of our presence.”
Unlike Pine Point’s previous experience with mining, which left huge gaping pits through the landscape, Tamerlane’s proposed method purports to be sensitive to environmental and ecological concerns.
In one example, Tamerlane has agreed to provide bear-training to their employees such that there would be no unnecessary killing of the animals. Tamerlane, in a submission to the MVEIRB, has also agreed to cease operations should caribou wander close to the project.
Although there was no definite timeline as to when the assessment process will be complete, Swisher said he personally hopes the permits will be in place by the end of this year.
Tamerlane awaiting permits
Tamerlane Ventures’ plan to reopen Pine Point mine will be hearing soon from the authorities on whether it’s a go as they finish up the final stages of the permit process.
Tamerlane’s vice president David Swisher said the permitting process with the Mackenzie Valley Environmental Impact Review Board is near completion, but they are still continuing to work with all relevant groups in the process. Since beginning the environmental process last summer, Tamerlane has put forward a proposal to use underground mining methods to transport a 1,000,000 ton bulk sample from Pine Point.
One of the unique methods to be implemented in this re-opening of Pine Point is the mining method proposed by Tamerlane.
“We are still freezing the ground and mining underground,” said Swisher. “We are continuing to work on improvements on minimizing the footprint of our presence.”
Unlike Pine Point’s previous experience with mining, which left huge gaping pits through the landscape, Tamerlane’s proposed method purports to be sensitive to environmental and ecological concerns.
In one example, Tamerlane has agreed to provide bear-training to their employees such that there would be no unnecessary killing of the animals. Tamerlane, in a submission to the MVEIRB, has also agreed to cease operations should caribou wander close to the project.
Although there was no definite timeline as to when the assessment process will be complete, Swisher said he personally hopes the permits will be in place by the end of this year.
Tamerlane Reports Financial Results for the Three-Month Period Ended September 30, 2007
Tuesday November 27, 9:56 pm ET
BLAINE, WASHINGTON--(Marketwire - Nov. 27, 2007) - Tamerlane Ventures Inc. (TSX VENTURE:TAM - News) announces a net loss of C$855,263, or $0.02 per share, in the third quarter ended September 30, 2007 and a net loss of C$1,682,476, or $0.05 per share, in the year to date period. As at September 30, 2007 the Company had working capital of C$3.0 million.
Ross F. Burns, President & CEO
Tuesday November 27, 9:56 pm ET
BLAINE, WASHINGTON--(Marketwire - Nov. 27, 2007) - Tamerlane Ventures Inc. (TSX VENTURE:TAM - News) announces a net loss of C$855,263, or $0.02 per share, in the third quarter ended September 30, 2007 and a net loss of C$1,682,476, or $0.05 per share, in the year to date period. As at September 30, 2007 the Company had working capital of C$3.0 million.
Ross F. Burns, President & CEO
Antwort auf Beitrag Nr.: 32.592.485 von Trockentrader am 28.11.07 06:44:25der ausführliche Bericht steht unter SEDAR.com zur Verfügung:
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issu…
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issu…
Chinesisches Zink überschwemmt den Markt
Rohstoffe einmal anders: Normalerweise lässt China dank seiner Nachfrage die Preise steigen – bei Zink hingegen drückt China diese aufgrund seines Überangebots.
Der bedeutendste Verbraucher von Zink – China – ist gleichzeitig auch der weltgrösste Förderer. Entsprechend werden alle in China getroffenen Entscheidungen, die Zink betreffen, vom Markt mit Argusaugen beobachtet und in der Regel auch unverzüglich eingepreist.
So geschehen Anfang der Woche, als von Michael Jansen von JPMorgan Securities in einem Bericht gemutmasst wurde, dass China seine Steuererleichterungen für Zinkexporte im nächsten Jahr aufheben könnte.
Damit war die Angst geboren, dass noch vor Abschaffung der Förderung die auf ihren Zinkbeständen sitzenden chinesischen Metallhändler ihre Vorräte exportieren könnten. Das würde das Angebot am Markt sprunghaft ansteigen lassen und das sich ohnehin schon abzeichnende Überangebot an Zink weiter verschärfen. „Es gibt wahrscheinlich bereits ein Überangebot, zudem haben es die Leute nun auch noch eilig, zu exportieren“, sieht Robin Bhar von UBS den Druck auf die Preise weiter steigen.
Kurzfristige Belastung
Diese Massnahme der chinesischen Regierung, die langfristig zu einer Stabilisierung des Marktpreises beitragen würde, ist kurzfristig gesehen mit einer Beschleunigung des Preisverfalls erkauft. So haben die Märkte bereits deutlich mit Abschlägen reagiert, an der London Metal Exchange (LME) wurde die Tonne gestern mit nur mehr 2359 Dollar gehandelt. Zum Vergleich: Noch vor einem halben Jahr war Zink mit 3877 Dollar um über 60 Prozent teurer.
Das entstehende Überangebot, das den Preisverfall der letzten Monate beschleunigt hat, wird an den chinesischen Produktionsstatistiken dieses Jahres deutlich: demnach sind in den ersten zehn Monaten die Zinkexporte um weitere 21 Prozent gestiegen, im Oktober betrug der Zuwachs sogar 24 Prozent.
Das hat zur Folge, dass die von der Shanghaier Börse registrierten Lagerbestände mit 41147 Tonnen auf den höchsten Stand seit vier Monaten gestiegen sind.
http://www.wirtschaftsblatt.at/home/boerse/geld/267819/index…
Rohstoffe einmal anders: Normalerweise lässt China dank seiner Nachfrage die Preise steigen – bei Zink hingegen drückt China diese aufgrund seines Überangebots.
Der bedeutendste Verbraucher von Zink – China – ist gleichzeitig auch der weltgrösste Förderer. Entsprechend werden alle in China getroffenen Entscheidungen, die Zink betreffen, vom Markt mit Argusaugen beobachtet und in der Regel auch unverzüglich eingepreist.
So geschehen Anfang der Woche, als von Michael Jansen von JPMorgan Securities in einem Bericht gemutmasst wurde, dass China seine Steuererleichterungen für Zinkexporte im nächsten Jahr aufheben könnte.
Damit war die Angst geboren, dass noch vor Abschaffung der Förderung die auf ihren Zinkbeständen sitzenden chinesischen Metallhändler ihre Vorräte exportieren könnten. Das würde das Angebot am Markt sprunghaft ansteigen lassen und das sich ohnehin schon abzeichnende Überangebot an Zink weiter verschärfen. „Es gibt wahrscheinlich bereits ein Überangebot, zudem haben es die Leute nun auch noch eilig, zu exportieren“, sieht Robin Bhar von UBS den Druck auf die Preise weiter steigen.
Kurzfristige Belastung
Diese Massnahme der chinesischen Regierung, die langfristig zu einer Stabilisierung des Marktpreises beitragen würde, ist kurzfristig gesehen mit einer Beschleunigung des Preisverfalls erkauft. So haben die Märkte bereits deutlich mit Abschlägen reagiert, an der London Metal Exchange (LME) wurde die Tonne gestern mit nur mehr 2359 Dollar gehandelt. Zum Vergleich: Noch vor einem halben Jahr war Zink mit 3877 Dollar um über 60 Prozent teurer.
Das entstehende Überangebot, das den Preisverfall der letzten Monate beschleunigt hat, wird an den chinesischen Produktionsstatistiken dieses Jahres deutlich: demnach sind in den ersten zehn Monaten die Zinkexporte um weitere 21 Prozent gestiegen, im Oktober betrug der Zuwachs sogar 24 Prozent.
Das hat zur Folge, dass die von der Shanghaier Börse registrierten Lagerbestände mit 41147 Tonnen auf den höchsten Stand seit vier Monaten gestiegen sind.
http://www.wirtschaftsblatt.at/home/boerse/geld/267819/index…
besonders relevante Aussagen des Q-Berichtes:
Finanzierung
In November 2007, the Company raised gross proceeds of $1.2 million in a flow-though share issuance. The funds will be used to provide drilling confirmation of indicated resources with the intention of re-categorizing the resources as additional reserves. The Company expects to obtain further funds as required through equity and/or debt financing. Several major metals trading firms have expressed interest in entering into concentrate off-take agreements with the Company and financing the Pine Point project into production. The Company estimates that US$130 million will be required to finance the project into production, including working capital and interest incurred during construction. The Company is pursuing a number of financing alternatives and has had discussions with several financial institutions.
Permits
The Company has applied for necessary land and water permits. A ruling is expected in early 2008. While the Company believes it has met all the requirements for those permits, there is no guarantee that they will be issued. Without these permits, no operations would be allowed.
Finanzierung
In November 2007, the Company raised gross proceeds of $1.2 million in a flow-though share issuance. The funds will be used to provide drilling confirmation of indicated resources with the intention of re-categorizing the resources as additional reserves. The Company expects to obtain further funds as required through equity and/or debt financing. Several major metals trading firms have expressed interest in entering into concentrate off-take agreements with the Company and financing the Pine Point project into production. The Company estimates that US$130 million will be required to finance the project into production, including working capital and interest incurred during construction. The Company is pursuing a number of financing alternatives and has had discussions with several financial institutions.
Permits
The Company has applied for necessary land and water permits. A ruling is expected in early 2008. While the Company believes it has met all the requirements for those permits, there is no guarantee that they will be issued. Without these permits, no operations would be allowed.
Antwort auf Beitrag Nr.: 32.599.190 von MFC500 am 28.11.07 15:48:20Ich meine, daß man im Notfall die Finanzierung um ein paar Monate verschieben könnte und das Kupferprojekt forcieren könnte.
Wie oben schon gepostet, ist ja auch noch "wertvolles" Blei dabei, was mit gutem Gewinn abgebaut werden kann.
TAM ist spottbillig.
Wie oben schon gepostet, ist ja auch noch "wertvolles" Blei dabei, was mit gutem Gewinn abgebaut werden kann.
TAM ist spottbillig.
Thursday 29 November 2007
Tamerlane Contracts Major Drilling Program for Pine Point
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) is pleased to announce that it has finalized a contract for the drilling of up to 16 historical deposits at the Pine Point Property, located in the Northwest Territories, Canada.
As previously announced, the Pine Point Property’s remaining historical* resources total 50.9 million tonnes at a grade of 3.84% zinc and 1.24 % lead. The new drill program will consist of more than 100 holes, totaling up to 5,000 meters. The purpose of this program is to convert approximately 40 million tonnes of the historical resources into NI 43-101 compliant resources.
Drilling will commence in January 2008, and is expected to continue through late March or early April 2008. The results of this drilling program will be analyzed and reviewed for long-term mine planning.
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
*Note: a qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.
“Ross F. Burns”
President & CEO
Tamerlane Contracts Major Drilling Program for Pine Point
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) is pleased to announce that it has finalized a contract for the drilling of up to 16 historical deposits at the Pine Point Property, located in the Northwest Territories, Canada.
As previously announced, the Pine Point Property’s remaining historical* resources total 50.9 million tonnes at a grade of 3.84% zinc and 1.24 % lead. The new drill program will consist of more than 100 holes, totaling up to 5,000 meters. The purpose of this program is to convert approximately 40 million tonnes of the historical resources into NI 43-101 compliant resources.
Drilling will commence in January 2008, and is expected to continue through late March or early April 2008. The results of this drilling program will be analyzed and reviewed for long-term mine planning.
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
*Note: a qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.
“Ross F. Burns”
President & CEO
Antwort auf Beitrag Nr.: 32.617.411 von Trockentrader am 29.11.07 18:52:46Zink ist schon wieder bei 1,12 Dollar.
Press Release Source: Tamerlane Ventures Inc.
Tamerlane announces up to C$1.85 million non-brokered flow-through unit private placement
Monday December 24, 3:31 pm ET
BLAINE, WA, Dec. 24 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 3 million flow-through shares at C$0.65 per unit, with each unit comprised of one flow-through share and a 1/2 warrant for a common share in the Company for gross proceeds of up to C$1.85 million. Tamerlane will pay a finder's fee of 6% cash in respect of investors introduced to the Company. All of the securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than December 31, 2007.
The proceeds of the private placement will be used for drilling and grass-roots exploration at the Company's Pine Point zinc-lead property in the Northwest Territories.
"We are very pleased to be commencing its relationship with MineralFields Group and the FrontierAlt Capital team" said Ross F. Burns, president of Tamerlane. "This is an important milestone in the growth of Tamerlane and we look forward to working with these groups as we develop our holdings in Pine Point Property."
"Ross F. Burns"
President & CEO
Tamerlane announces up to C$1.85 million non-brokered flow-through unit private placement
Monday December 24, 3:31 pm ET
BLAINE, WA, Dec. 24 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 3 million flow-through shares at C$0.65 per unit, with each unit comprised of one flow-through share and a 1/2 warrant for a common share in the Company for gross proceeds of up to C$1.85 million. Tamerlane will pay a finder's fee of 6% cash in respect of investors introduced to the Company. All of the securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than December 31, 2007.
The proceeds of the private placement will be used for drilling and grass-roots exploration at the Company's Pine Point zinc-lead property in the Northwest Territories.
"We are very pleased to be commencing its relationship with MineralFields Group and the FrontierAlt Capital team" said Ross F. Burns, president of Tamerlane. "This is an important milestone in the growth of Tamerlane and we look forward to working with these groups as we develop our holdings in Pine Point Property."
"Ross F. Burns"
President & CEO
Press Release Source: Tamerlane Ventures Inc.
Tamerlane closes C$1.85 million non-brokered flow-through unit private placement
Tuesday January 8, 10:01 am ET
BLAINE, WA, Jan. 8 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, it has closed a non-brokered private placement of 2,846,152 flow-through units at C$0.65 per unit for gross proceeds of C$1.85 million. Each flow-through unit consists of one flow-through common share and one half of one non-flow-through share purchase warrant. One non-flow-through share purchase warrant entitles the holder to purchase one common share in the Company over a period of 24 months at an exercise price of C$1.50 in year 1 and $2.50 in year 2. Tamerlane paid a finder's fee of 6% cash in respect of investors introduced to the Company. All of the securities issued under this private placement will be subject to a four-month hold period.
The proceeds of the private placement will be used for drilling and grass-roots exploration at the Company's Pine Point zinc-lead property in the Northwest Territories.
As previously announced, the Pine Point Property's remaining historical(x) resources total 50.9 million tonnes at a grade of 3.84% zinc and 1.24 % lead. The new drill program will consist of more than 100 holes, totaling up to 5,000 meters. The purpose of this program is to convert approximately 40 million tonnes of the historical resources into NI 43-101 compliant reserves and resources.
Drilling will commence in January 2008, and is expected to continue through late March or early April 2008. The results of this drilling program will be analyzed and reviewed for long-term mine planning.
In addition to converting historical resources to NI 43-101 compliant reserves and resource categories, Tamerlane will conduct grass roots exploration at the Pine Point property. The main focus of this exploration is a previously under-explored 8,500 acre area along the main trend of lead-zinc mineralization.
In 2004 the entire property was surveyed by Aeroquest, using a high quality helicopter borne Aero Tem electromagnetic and magnetic survey, which resulted in 36 anomalies that have been recommended for follow up exploration. Approximately $500,000 to $800,000 of this private placement will be used to follow up these 36 exciting targets with further geophysics, sampling and drilling.
Ross Burns, President and CEO said, "We are excited to be infill drilling the known deposits to bring them into NI 43-101 reserve/resource status. Additional work on the exceptional number of unexplored targets that we have identified will undoubtedly result in some exciting exploration results."
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
(x)Note: a qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.
"Ross F. Burns"
President & CEO
Tamerlane closes C$1.85 million non-brokered flow-through unit private placement
Tuesday January 8, 10:01 am ET
BLAINE, WA, Jan. 8 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, it has closed a non-brokered private placement of 2,846,152 flow-through units at C$0.65 per unit for gross proceeds of C$1.85 million. Each flow-through unit consists of one flow-through common share and one half of one non-flow-through share purchase warrant. One non-flow-through share purchase warrant entitles the holder to purchase one common share in the Company over a period of 24 months at an exercise price of C$1.50 in year 1 and $2.50 in year 2. Tamerlane paid a finder's fee of 6% cash in respect of investors introduced to the Company. All of the securities issued under this private placement will be subject to a four-month hold period.
The proceeds of the private placement will be used for drilling and grass-roots exploration at the Company's Pine Point zinc-lead property in the Northwest Territories.
As previously announced, the Pine Point Property's remaining historical(x) resources total 50.9 million tonnes at a grade of 3.84% zinc and 1.24 % lead. The new drill program will consist of more than 100 holes, totaling up to 5,000 meters. The purpose of this program is to convert approximately 40 million tonnes of the historical resources into NI 43-101 compliant reserves and resources.
Drilling will commence in January 2008, and is expected to continue through late March or early April 2008. The results of this drilling program will be analyzed and reviewed for long-term mine planning.
In addition to converting historical resources to NI 43-101 compliant reserves and resource categories, Tamerlane will conduct grass roots exploration at the Pine Point property. The main focus of this exploration is a previously under-explored 8,500 acre area along the main trend of lead-zinc mineralization.
In 2004 the entire property was surveyed by Aeroquest, using a high quality helicopter borne Aero Tem electromagnetic and magnetic survey, which resulted in 36 anomalies that have been recommended for follow up exploration. Approximately $500,000 to $800,000 of this private placement will be used to follow up these 36 exciting targets with further geophysics, sampling and drilling.
Ross Burns, President and CEO said, "We are excited to be infill drilling the known deposits to bring them into NI 43-101 reserve/resource status. Additional work on the exceptional number of unexplored targets that we have identified will undoubtedly result in some exciting exploration results."
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
(x)Note: a qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.
"Ross F. Burns"
President & CEO
Kann man auch langsam in den Müll kippen.
Sehr, sehr schade. Mein absolut größter Flop aus 2007: Bei 0,55 C$ eingestiegen, rauf auf 3$ und nun wieder komplett mit nach unten gegangen. Muss ich mir selbst an den Kopf fassen...
Naja, abhaken.
Gruß Matthias
Sehr, sehr schade. Mein absolut größter Flop aus 2007: Bei 0,55 C$ eingestiegen, rauf auf 3$ und nun wieder komplett mit nach unten gegangen. Muss ich mir selbst an den Kopf fassen...
Naja, abhaken.
Gruß Matthias
Antwort auf Beitrag Nr.: 32.982.169 von matthiasch am 08.01.08 17:18:10Wenn Du mit keiner einzigen Aktie 2007 Verlust gemacht hast, warst Du aber sehr erfolgreich. Da kann man auch mal einen entgangenen Gewinn verschmerzen.
Antwort auf Beitrag Nr.: 32.982.526 von noch-n-zocker am 08.01.08 17:40:33Doch, ich hatte natürlich auch Aktien mit Verlusten.
Aber du weißt sicherlich, wie das mit entgangenen Gewinnen ist Waren ja gut 450 %...
Aber du weißt sicherlich, wie das mit entgangenen Gewinnen ist
Waren ja gut 450 %...
Tamerlane Announces Receipt Of Mining Leases For Pine Point
BLAINE, WA, Jan. 11 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has been granted 16 mining leases for the Company's Pine Point property, located in the Northwest Territories, Canada. Tamerlane's property consists of 16 mining leases and 24 claims.
The 16 mining leases announced today cover approximately 21,526 acres of the total 43,339 acres at Pine Point. An updated exploration map showing claims and mining leases is available for viewing on the Company's website www.tamerlaneventures.com.
The mining leases are a significant advance in the Pine Point project because these leases cover not only the R190 deposit, which will be the initial target of mining operations scheduled to commence in 2009, but several other nearby deposits that will be mined over the next several years.
As previously announced, the Company will first mine the R190 deposit, which has proven reserves of 1,000,027 tonnes at a grade of 11.16% zinc and 5.49% lead (ref: August 24, 2007 Tamerlane press release). Tamerlane will then use the R190 infrastructure to access nearby deposits that will be subject to an updated feasibility study.
The Pine Point Property's remaining historical(x) resources, totaling 50.9 million tonnes at a grade of 3.84% zinc and 1.24 % lead, will be the target of a 2008 confirmation drilling program.
(x)Note: a qualified person has not done sufficient work to classify the
historical estimate as current mineral resources, the issuer is not
treating the historical estimate as current mineral resources and the
historical estimate should not be relied upon.
Ross Burns, President & CEO, said: "We are extremely pleased to now have mining leases on 16 of the 40 claims at Pine Point, and we look forward to beginning construction and development upon receipt of necessary environmental permits."
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
"Ross F. Burns"
President & CEO
BLAINE, WA, Jan. 11 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has been granted 16 mining leases for the Company's Pine Point property, located in the Northwest Territories, Canada. Tamerlane's property consists of 16 mining leases and 24 claims.
The 16 mining leases announced today cover approximately 21,526 acres of the total 43,339 acres at Pine Point. An updated exploration map showing claims and mining leases is available for viewing on the Company's website www.tamerlaneventures.com.
The mining leases are a significant advance in the Pine Point project because these leases cover not only the R190 deposit, which will be the initial target of mining operations scheduled to commence in 2009, but several other nearby deposits that will be mined over the next several years.
As previously announced, the Company will first mine the R190 deposit, which has proven reserves of 1,000,027 tonnes at a grade of 11.16% zinc and 5.49% lead (ref: August 24, 2007 Tamerlane press release). Tamerlane will then use the R190 infrastructure to access nearby deposits that will be subject to an updated feasibility study.
The Pine Point Property's remaining historical(x) resources, totaling 50.9 million tonnes at a grade of 3.84% zinc and 1.24 % lead, will be the target of a 2008 confirmation drilling program.
(x)Note: a qualified person has not done sufficient work to classify the
historical estimate as current mineral resources, the issuer is not
treating the historical estimate as current mineral resources and the
historical estimate should not be relied upon.
Ross Burns, President & CEO, said: "We are extremely pleased to now have mining leases on 16 of the 40 claims at Pine Point, and we look forward to beginning construction and development upon receipt of necessary environmental permits."
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
"Ross F. Burns"
President & CEO
wow! 
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Intersects 30.15% Combined Lead-Zinc Over 105 Feet (32 Meters) And 14% Combined Lead-Zinc Over 150 Feet (45.7 Meters)
Wednesday January 30, 10:46 am ET
BLAINE, WA, Jan. 30 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has intersected extensive high-grade lead-zinc mineralization at the Company's Pine Point property, located in the Northwest Territories, Canada. Drill hole Z155-TV2 returned a significant 105-foot true vertical thickness of 30.15% combined lead and zinc, including an interval of 65 feet of 41.44% lead and zinc. Hole Z155-TV3 intersected high-grade of 14.08% combined lead and zinc over a 150-foot interval (true vertical thickness 148 feet) and hole Z155-TV4 intercepted 11.52% combined lead and zinc over 100-foot interval (91.6 feet true vertical thickness). The results from today's announcement are summarized below:
Deposit Z-155
-----------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-----------------------------------------------------------------------
Z155-TV2 317 342 25 7.62 25 4.24 1.27 5.51
-----------------------------------------------------------------------
Z155-TV2 357 462 105 32.01 105 23.93 6.22 30.15
-----------------------------------------------------------------------
Containing: 382 447 65 19.81 65 33.20 8.24 41.44
-----------------------------------------------------------------------
Z155-TV2 467 487 20 6.1 20 4.24 0.55 4.79
-----------------------------------------------------------------------
Z155-TV2 517 527 10 3.05 10 12.25 0.48 12.73
-----------------------------------------------------------------------
Z155-TV2 was drilled at -90 degrees and represents the true vertical
thickness of the prismatic deposit.
-----------------------------------------------------------------------
(x)Z155-TV3 217 407 190 57.93 187.9 5.77 6.05 11.82
-----------------------------------------------------------------------
217 237 20 6.1 19.8 4.29 1.98 6.27
Containing: -----------------------------------------------------------
257 407 150 45.73 148.4 6.70 7.38 14.08
-----------------------------------------------------------------------
Z155-TV3 487 502 15 4.57 14.8 3.14 0.91 4.05
-----------------------------------------------------------------------
Z155-TV3 was drilled at -81.5 degrees.
-----------------------------------------------------------------------
Z155TV4 247 347 100 30.49 91.6 7.71 3.81 11.52
-----------------------------------------------------------------------
Z155-TV4 was drilled at -66.4 degrees.
(x) One lead assay of a 5 foot section was reported as (greater than)30%
and another technique is currently establishing the high grade assay.
30% was used in this report.
Deposit X-25
-----------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-----------------------------------------------------------------------
X25-TV1 507 537 30 9.15 30 4.74 1.56 6.30
-----------------------------------------------------------------------
Containing: 522 537 15 4.57 15 8.17 2.15 10.32
-----------------------------------------------------------------------
X25-TV1 was drilled at -90 degrees and represents the true vertical
thickness of the prismatic deposit.
The drill hole was lost at the top of the ore zone. The original
design depth for the hole was 640'.
-----------------------------------------------------------------------
X25-TV2 427 477 50 15.24 44.1 4.85 1.37 6.22
-----------------------------------------------------------------------
Containing: 437 472 35 10.67 30.8 6.18 1.87 8.05
-----------------------------------------------------------------------
X25-TV2 was drilled near the perimeter of the deposit as an in-fill
hole at -61.8 degrees.
Deposit O556
-----------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-----------------------------------------------------------------------
O556-TV2 425 447 22 6.7 22 6.54 2.47 9.01
-----------------------------------------------------------------------
O556-TV2 487 577 90 27.4 90 5.70 2.54 8.24
-----------------------------------------------------------------------
Containing: 556 577 21 6.4 21 19.16 5.03 24.18
-----------------------------------------------------------------------
O556-TV2 was drilled at -90 degrees and represents the true vertical
thickness of the prismatic deposit.
-----------------------------------------------------------------------
O556-TV3 562 572 10 3.05 9.2 17.77 0.97 18.74
-----------------------------------------------------------------------
O556-TV3 was drilled as an in-fill hole at -64.9 degrees.
As previously announced, the Company will first mine the R190 deposit at Pine Point, which has proven reserves of 1,000,027 tonnes at a grade of 11.16% zinc and 5.49% lead (ref: August 24, 2007 Tamerlane press release).
Tamerlane completed the feasibility study for the R190 deposit in August 2007, and is now in the process of completing an updated feasibility study that will include NI 43-101 compliant reserves / resources and mine plans for 5 additional deposits in close proximity to R190. These deposits will be accessed using infrastructure developed at R190.
The assay results announced today are part of the confirmation drilling program commenced in November 2007 for the purpose of converting a portion of indicated and historical resources into proven and probable reserves. Additional drill results will be forthcoming as confirmation and in-fill drilling continue on the property. Tamerlane will announce the updated NI 43-101 technical report and feasibility study when the current drilling program is complete and the subsequent reports are reviewed and overwritten by third party technical consultants.
The Pine Point Property's remaining historical(x) resources, totaling 50.9 million tonnes at a grade of 3.84% zinc and 1.24% lead, will be the target of a 2008 confirmation drilling program scheduled to begin January 22, 2008.
(x) Note: a qualified person has not done sufficient work to classify the
historical estimate as current mineral resources, the issuer is not
treating the historical estimate as current mineral resources and the
historical estimate should not be relied upon.
Ross Burns, President & CEO, said: "Thick, high-grade, lead-zinc intersections such as these plus the existing infrastructure, which includes paved roads, hydro and access to the railroad gives Pine Point everything it needs to become one of Canada's most profitable base metal mines."
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, B.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
"Ross F. Burns"
President & CEO
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Intersects 30.15% Combined Lead-Zinc Over 105 Feet (32 Meters) And 14% Combined Lead-Zinc Over 150 Feet (45.7 Meters)
Wednesday January 30, 10:46 am ET
BLAINE, WA, Jan. 30 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has intersected extensive high-grade lead-zinc mineralization at the Company's Pine Point property, located in the Northwest Territories, Canada. Drill hole Z155-TV2 returned a significant 105-foot true vertical thickness of 30.15% combined lead and zinc, including an interval of 65 feet of 41.44% lead and zinc. Hole Z155-TV3 intersected high-grade of 14.08% combined lead and zinc over a 150-foot interval (true vertical thickness 148 feet) and hole Z155-TV4 intercepted 11.52% combined lead and zinc over 100-foot interval (91.6 feet true vertical thickness). The results from today's announcement are summarized below:
Deposit Z-155
-----------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-----------------------------------------------------------------------
Z155-TV2 317 342 25 7.62 25 4.24 1.27 5.51
-----------------------------------------------------------------------
Z155-TV2 357 462 105 32.01 105 23.93 6.22 30.15
-----------------------------------------------------------------------
Containing: 382 447 65 19.81 65 33.20 8.24 41.44
-----------------------------------------------------------------------
Z155-TV2 467 487 20 6.1 20 4.24 0.55 4.79
-----------------------------------------------------------------------
Z155-TV2 517 527 10 3.05 10 12.25 0.48 12.73
-----------------------------------------------------------------------
Z155-TV2 was drilled at -90 degrees and represents the true vertical
thickness of the prismatic deposit.
-----------------------------------------------------------------------
(x)Z155-TV3 217 407 190 57.93 187.9 5.77 6.05 11.82
-----------------------------------------------------------------------
217 237 20 6.1 19.8 4.29 1.98 6.27
Containing: -----------------------------------------------------------
257 407 150 45.73 148.4 6.70 7.38 14.08
-----------------------------------------------------------------------
Z155-TV3 487 502 15 4.57 14.8 3.14 0.91 4.05
-----------------------------------------------------------------------
Z155-TV3 was drilled at -81.5 degrees.
-----------------------------------------------------------------------
Z155TV4 247 347 100 30.49 91.6 7.71 3.81 11.52
-----------------------------------------------------------------------
Z155-TV4 was drilled at -66.4 degrees.
(x) One lead assay of a 5 foot section was reported as (greater than)30%
and another technique is currently establishing the high grade assay.
30% was used in this report.
Deposit X-25
-----------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-----------------------------------------------------------------------
X25-TV1 507 537 30 9.15 30 4.74 1.56 6.30
-----------------------------------------------------------------------
Containing: 522 537 15 4.57 15 8.17 2.15 10.32
-----------------------------------------------------------------------
X25-TV1 was drilled at -90 degrees and represents the true vertical
thickness of the prismatic deposit.
The drill hole was lost at the top of the ore zone. The original
design depth for the hole was 640'.
-----------------------------------------------------------------------
X25-TV2 427 477 50 15.24 44.1 4.85 1.37 6.22
-----------------------------------------------------------------------
Containing: 437 472 35 10.67 30.8 6.18 1.87 8.05
-----------------------------------------------------------------------
X25-TV2 was drilled near the perimeter of the deposit as an in-fill
hole at -61.8 degrees.
Deposit O556
-----------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-----------------------------------------------------------------------
O556-TV2 425 447 22 6.7 22 6.54 2.47 9.01
-----------------------------------------------------------------------
O556-TV2 487 577 90 27.4 90 5.70 2.54 8.24
-----------------------------------------------------------------------
Containing: 556 577 21 6.4 21 19.16 5.03 24.18
-----------------------------------------------------------------------
O556-TV2 was drilled at -90 degrees and represents the true vertical
thickness of the prismatic deposit.
-----------------------------------------------------------------------
O556-TV3 562 572 10 3.05 9.2 17.77 0.97 18.74
-----------------------------------------------------------------------
O556-TV3 was drilled as an in-fill hole at -64.9 degrees.
As previously announced, the Company will first mine the R190 deposit at Pine Point, which has proven reserves of 1,000,027 tonnes at a grade of 11.16% zinc and 5.49% lead (ref: August 24, 2007 Tamerlane press release).
Tamerlane completed the feasibility study for the R190 deposit in August 2007, and is now in the process of completing an updated feasibility study that will include NI 43-101 compliant reserves / resources and mine plans for 5 additional deposits in close proximity to R190. These deposits will be accessed using infrastructure developed at R190.
The assay results announced today are part of the confirmation drilling program commenced in November 2007 for the purpose of converting a portion of indicated and historical resources into proven and probable reserves. Additional drill results will be forthcoming as confirmation and in-fill drilling continue on the property. Tamerlane will announce the updated NI 43-101 technical report and feasibility study when the current drilling program is complete and the subsequent reports are reviewed and overwritten by third party technical consultants.
The Pine Point Property's remaining historical(x) resources, totaling 50.9 million tonnes at a grade of 3.84% zinc and 1.24% lead, will be the target of a 2008 confirmation drilling program scheduled to begin January 22, 2008.
(x) Note: a qualified person has not done sufficient work to classify the
historical estimate as current mineral resources, the issuer is not
treating the historical estimate as current mineral resources and the
historical estimate should not be relied upon.
Ross Burns, President & CEO, said: "Thick, high-grade, lead-zinc intersections such as these plus the existing infrastructure, which includes paved roads, hydro and access to the railroad gives Pine Point everything it needs to become one of Canada's most profitable base metal mines."
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, B.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
"Ross F. Burns"
President & CEO
..prompt in CA +42% ... nice!
Das ist mal nen RT-Chart wert! Nachdem die Aktie auf die steigenden Zink-Preise gestern wieder nicht reagiert hatte, war ich kurz davor, dass Handtuch zu werfen. Hat loparn auf dem BB nochmal was zu TAM geschrieben?
Antwort auf Beitrag Nr.: 33.216.261 von noch-n-zocker am 30.01.08 17:17:03Wenn die Mineralisierung so super ist, gibt es wohl keine Zweifel am Minenbau, zumal der ja schon Anfang 2009 geplant ist.
Eine geringfügige Verschiebung wäre kein Problem.
Hat jemand nähere Infos ?
Eine geringfügige Verschiebung wäre kein Problem.
Hat jemand nähere Infos ?
Antwort auf Beitrag Nr.: 33.217.079 von Urlaub2 am 30.01.08 18:18:35Nun ja, wir warten immer noch auf die environmental permits und durchfinanziert ist TAM auch nicht gerade. Ich muss auch gestehen dass ich nicht weiß, wo man diese Mineralisierung gefunden hat. Pine Point ist groß. Es war aber nach langer Zeit ein positives Lebenszeichen und ein Schritt in die richtige Richtung. Der Kurs und die Umsätze zeigen wenigstens, dass die Aktie noch beachtet wird.
Hier geht es aber heute zur Sache. Kursexplosion obwohl die alten Drilling-Ergebnisse aus 2005 genauso gut und längst bekannt waren. So ist der Markt eben. Allen Investierten viel Glück!
Die Bohrergebnisse sind ja sehr erfreulich, die Kursentwicklung gestern ebenfalls.
Den nächsten Kurssprung erwarte ich mit den finalen Genehmigungen, die für Ende Januar erwartet werden.
Und mit einem besseren Kurs lässt sich sicher auch eine bessere Finanzierung aushandeln, die dann wiederum den Kurs erhöht!
Allen Investierten viel Glück!
Den nächsten Kurssprung erwarte ich mit den finalen Genehmigungen, die für Ende Januar erwartet werden.
Und mit einem besseren Kurs lässt sich sicher auch eine bessere Finanzierung aushandeln, die dann wiederum den Kurs erhöht!
Allen Investierten viel Glück!
Antwort auf Beitrag Nr.: 33.223.219 von Trockentrader am 31.01.08 10:15:20Na also es geht doch auch bei diesem Sch...markt momentan 
Für uns ist zu hoffen, dass die Strategie diesmal aufgeht: Schöne Ergebnisse, neuer NI, Mining permit und Finanzierung (ohne dass die Aktionäre allein zahlen müssen), wobei das letztere die größten Schwierigkeiten bereithalten sollte.
Für uns ist zu hoffen, dass die Strategie diesmal aufgeht: Schöne Ergebnisse, neuer NI, Mining permit und Finanzierung (ohne dass die Aktionäre allein zahlen müssen), wobei das letztere die größten Schwierigkeiten bereithalten sollte.
Das halte ich für eine ausgesprochen positive Nachricht! Der Kurs in Kanada reagierte aber erst gegen Ende mit einiger Verspätung darauf.
Tamerlane upgrades Pine Point head grades through DMS
2008-02-20 11:13 ET - News Release
Mr. Ross Burns reports
TAMERLANE ANNOUNCES POSITIVE METALLURGICAL TEST RESULTS
Tamerlane Ventures Inc. has received results from metallurgical testing performed on drill core from the company's 2007 drilling program. The test results announced today further support the viability of dense media separation (DMS) as a method to upgrade the additional lower-grade open-pit deposits that were not of sufficient grade to support conventional mining during the previous Cominco Pine Point operations.
Highlighted in today's test results were combined drill-core composites from the O-556 and Z-155 deposits of Tamerlane's Pine Point property, located in the Northwest Territories, Canada. The drill-core composite had an initial head grade of 2.97 per cent lead and 4.71 per cent zinc, which was upgraded 250 per cent through DMS to 7.43 per cent lead and 11.82 per cent zinc at metal recoveries above 98 per cent, exceeding the company's expectations. Metallurgical testing also showed that there is no significant difference in metal recovery or the effectiveness of the DMS process over all between crushing ore to less than one-half inch and less than one-quarter inch. This is significant because it shows that in the updated feasibility study, the crushing process will be to less than one-half inch, which is less intensive than the less-than-one-quarter-inch process that will be used in processing ore from the R-190 deposit (for more information about the feasibility study and NI 43-101 report for the R-190 deposit, please see the press release reported in Stockwatch on Aug. 24, 2007).
The results of the metallurgical testing announced today will be incorporated into future feasibility studies on more than 16 additional deposits currently in the historical resource category.
Ross Burns, president and chief executive officer, said: "We are very pleased with these results for the lower-grade ores known in the Pine Point district. DMS is a key component of the Pine Point project and the test results provide further evidence of the viability of long-term mining operations, both with the existing NI 43-101-compliant resources and the historical resources currently owned by Tamerlane."
We seek Safe Harbor.
Tamerlane upgrades Pine Point head grades through DMS
2008-02-20 11:13 ET - News Release
Mr. Ross Burns reports
TAMERLANE ANNOUNCES POSITIVE METALLURGICAL TEST RESULTS
Tamerlane Ventures Inc. has received results from metallurgical testing performed on drill core from the company's 2007 drilling program. The test results announced today further support the viability of dense media separation (DMS) as a method to upgrade the additional lower-grade open-pit deposits that were not of sufficient grade to support conventional mining during the previous Cominco Pine Point operations.
Highlighted in today's test results were combined drill-core composites from the O-556 and Z-155 deposits of Tamerlane's Pine Point property, located in the Northwest Territories, Canada. The drill-core composite had an initial head grade of 2.97 per cent lead and 4.71 per cent zinc, which was upgraded 250 per cent through DMS to 7.43 per cent lead and 11.82 per cent zinc at metal recoveries above 98 per cent, exceeding the company's expectations. Metallurgical testing also showed that there is no significant difference in metal recovery or the effectiveness of the DMS process over all between crushing ore to less than one-half inch and less than one-quarter inch. This is significant because it shows that in the updated feasibility study, the crushing process will be to less than one-half inch, which is less intensive than the less-than-one-quarter-inch process that will be used in processing ore from the R-190 deposit (for more information about the feasibility study and NI 43-101 report for the R-190 deposit, please see the press release reported in Stockwatch on Aug. 24, 2007).
The results of the metallurgical testing announced today will be incorporated into future feasibility studies on more than 16 additional deposits currently in the historical resource category.
Ross Burns, president and chief executive officer, said: "We are very pleased with these results for the lower-grade ores known in the Pine Point district. DMS is a key component of the Pine Point project and the test results provide further evidence of the viability of long-term mining operations, both with the existing NI 43-101-compliant resources and the historical resources currently owned by Tamerlane."
We seek Safe Harbor.
Er ist da, der Report vom MVEIRB
http://www.mveirb.nt.ca/upload/project_document/1203722604_T…
Und die schönste Stelle ist natürlich die auf Seite 4:
Based on the evidence on the public record, the Review Board determined that if Tamerlane
Venture Inc. implements its commitments listed in Appendix B of this Report of Environmental
Assessment and Reasons for Decision, the proposed Pine Point Pilot Project test mine is not likely to
have any significant adverse impact on the environment or be a cause of significant public concern.
This proposed development should therefore proceed to the regulatory phase of approvals.
Schön, schön
http://www.mveirb.nt.ca/upload/project_document/1203722604_T…
Und die schönste Stelle ist natürlich die auf Seite 4:
Based on the evidence on the public record, the Review Board determined that if Tamerlane
Venture Inc. implements its commitments listed in Appendix B of this Report of Environmental
Assessment and Reasons for Decision, the proposed Pine Point Pilot Project test mine is not likely to
have any significant adverse impact on the environment or be a cause of significant public concern.
This proposed development should therefore proceed to the regulatory phase of approvals.
Schön, schön
Antwort auf Beitrag Nr.: 33.455.105 von PSchwammerl am 23.02.08 11:51:25Mal ein Beispiel, wie spottbillig TAM ist:
Wenn das gesamte Vorkommen 10 Mrd. Dollar wert ist, ist der heutige Zuwachs von 4 % bei Zink 400 Mio. Dollar, das ist 10 x soviel wie der gesamte Wert der Firma. (!!)
Wenn das gesamte Vorkommen 10 Mrd. Dollar wert ist, ist der heutige Zuwachs von 4 % bei Zink 400 Mio. Dollar, das ist 10 x soviel wie der gesamte Wert der Firma. (!!)
Antwort auf Beitrag Nr.: 33.509.766 von Urlaub2 am 28.02.08 22:09:43Ist ja auch dauerhaft im Gespräch auf Stockhouse wie wahnsinnig unterbewertet Tammi ist Mal sehen ob ein Run wie im letzten Frühjahr kommt
Mal sehen ob ein Run wie im letzten Frühjahr kommt
und ich dachte immer ich hätte billige explorer im depot
wie sieht es eigentlich inzwischen mit dem Mining permit aus ?
Da ich gerade dabei bin das Kurspotenzial für Tamerlane zu untersuchen, hier mal zwei Fragen an die Fachleute:
1. Was fehlt noch an Genehmigungen und sonstigen Dingen, um die für 2009 geplante Produktion starten zu können?
2. Welches Produktionsvolumen ist geplant?
z. B. wieviel Millionen Tonnen Rohmaterial p. a. oder pro Tag,
oder wieviel Zink/Blei p. a.
Danke für hilfreiche Infos
Gruß @ all
tommy
1. Was fehlt noch an Genehmigungen und sonstigen Dingen, um die für 2009 geplante Produktion starten zu können?
2. Welches Produktionsvolumen ist geplant?
z. B. wieviel Millionen Tonnen Rohmaterial p. a. oder pro Tag,
oder wieviel Zink/Blei p. a.
Danke für hilfreiche Infos
Gruß @ all
tommy
Antwort auf Beitrag Nr.: 33.654.985 von tommy-hl am 16.03.08 20:39:47Hi tommy
der thread scheint ja eingeschalfen zu sein... auf den ersten blick schon der hammer.
der thread scheint ja eingeschalfen zu sein... auf den ersten blick schon der hammer.
Schlafen? Eher zu viel Arbeit im Moment.
DESHALB der trading halt!
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Intersects 25.53% Combined Lead-Zinc Over 158 Feet (48 Meters)
Thursday March 27, 1:08 pm ET
BLAINE, WA, March 27 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has intersected extensive high-grade lead-zinc mineralization at the Company's Pine Point property, located in the Northwest Territories, Canada. Drill hole P499-TV1 returned a significant 158-foot true vertical thickness of 25.53% combined lead and zinc, including an interval of 63 feet of 33.74% lead and zinc. The results from today's announcement are summarized below:
Deposit P499
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
P499-TV1 288 313 25 7.62 25 4.62 1.45 6.07
-------------------------------------------------------------------------
P499-TV1 333 491 158 48.19 158 16.99 8.54 25.53
-------------------------------------------------------------------------
387 423 36 10.98 36 20.37 7.54 27.91
Containing: -------------------------------------------------------------
428 491 63 19.21 63 20.82 12.92 33.74
-------------------------------------------------------------------------
P499-TV1 532 543 11 3.43 11 4.57 1.29 5.86
-------------------------------------------------------------------------
P499-TV1 573 584 11 3.43 11 14.65 5.19 19.84
-------------------------------------------------------------------------
P499-TV1 was drilled at -90 degrees and represents the true vertical
thickness of the prismatic deposit.
The results shown above for Deposit P499 include 4 sections where zinc was
reported greater than 30%, and an additional 7.5-foot section where both zinc
and lead were reported greater than 30% (Zn+Pb% (greater than) 60%). An assay
technique designed to accurately measure high grade ore is currently underway
to establish the precise grade of these sections. 30% was used in this report.
Deposit X25
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
X25-TV4 407 420 13 3.96 12 1.00 4.43 5.43
-------------------------------------------------------------------------
X25-TV4 447 490 43 13.11 40 5.62 1.21 6.83
-------------------------------------------------------------------------
X25-TV5 462 480 18 5.49 17 8.46 1.77 10.23
-------------------------------------------------------------------------
X25-TV6 467 507 40 12.20 36 14.59 2.48 17.07
-------------------------------------------------------------------------
X25-TV4 was drilled at -66.9 degrees; X25-TV5: -76.6 degrees;
X25-TV6: -65.7 degrees
Deposit Z155
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
Z155-TV6 324 363 39 11.90 38 2.45 6.05 8.50
-------------------------------------------------------------------------
Z155-TV6 was drilled at -76.7 degrees.
The assay results announced today are part of the confirmation drilling program commenced in November 2007 for the purpose of converting a portion of indicated and historical resources into proven and probable reserves. Additional drill results will be forthcoming as confirmation and in-fill drilling continue on the property.
Ross Burns, President & CEO, said: "We are very pleased with the continued high grade lead and zinc results from the drilling program at Pine Point. These results confirm the significant resources at Pine Point and will be incorporated into the updated feasibility study and NI 43-101 technical report."
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, M.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
"Ross F. Burns"
President & CEO
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Intersects 25.53% Combined Lead-Zinc Over 158 Feet (48 Meters)
Thursday March 27, 1:08 pm ET
BLAINE, WA, March 27 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has intersected extensive high-grade lead-zinc mineralization at the Company's Pine Point property, located in the Northwest Territories, Canada. Drill hole P499-TV1 returned a significant 158-foot true vertical thickness of 25.53% combined lead and zinc, including an interval of 63 feet of 33.74% lead and zinc. The results from today's announcement are summarized below:
Deposit P499
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
P499-TV1 288 313 25 7.62 25 4.62 1.45 6.07
-------------------------------------------------------------------------
P499-TV1 333 491 158 48.19 158 16.99 8.54 25.53
-------------------------------------------------------------------------
387 423 36 10.98 36 20.37 7.54 27.91
Containing: -------------------------------------------------------------
428 491 63 19.21 63 20.82 12.92 33.74
-------------------------------------------------------------------------
P499-TV1 532 543 11 3.43 11 4.57 1.29 5.86
-------------------------------------------------------------------------
P499-TV1 573 584 11 3.43 11 14.65 5.19 19.84
-------------------------------------------------------------------------
P499-TV1 was drilled at -90 degrees and represents the true vertical
thickness of the prismatic deposit.
The results shown above for Deposit P499 include 4 sections where zinc was
reported greater than 30%, and an additional 7.5-foot section where both zinc
and lead were reported greater than 30% (Zn+Pb% (greater than) 60%). An assay
technique designed to accurately measure high grade ore is currently underway
to establish the precise grade of these sections. 30% was used in this report.
Deposit X25
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
X25-TV4 407 420 13 3.96 12 1.00 4.43 5.43
-------------------------------------------------------------------------
X25-TV4 447 490 43 13.11 40 5.62 1.21 6.83
-------------------------------------------------------------------------
X25-TV5 462 480 18 5.49 17 8.46 1.77 10.23
-------------------------------------------------------------------------
X25-TV6 467 507 40 12.20 36 14.59 2.48 17.07
-------------------------------------------------------------------------
X25-TV4 was drilled at -66.9 degrees; X25-TV5: -76.6 degrees;
X25-TV6: -65.7 degrees
Deposit Z155
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole ------------------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
Z155-TV6 324 363 39 11.90 38 2.45 6.05 8.50
-------------------------------------------------------------------------
Z155-TV6 was drilled at -76.7 degrees.
The assay results announced today are part of the confirmation drilling program commenced in November 2007 for the purpose of converting a portion of indicated and historical resources into proven and probable reserves. Additional drill results will be forthcoming as confirmation and in-fill drilling continue on the property.
Ross Burns, President & CEO, said: "We are very pleased with the continued high grade lead and zinc results from the drilling program at Pine Point. These results confirm the significant resources at Pine Point and will be incorporated into the updated feasibility study and NI 43-101 technical report."
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, M.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
"Ross F. Burns"
President & CEO
Handel in CA geht wieder weiter - mit +40% !!!
Bin ich hier übrigens der LETZTE
beim Fähnlein der Aufrechten???
Bin ich hier übrigens der LETZTE
beim Fähnlein der Aufrechten???
Bin schon noch weiter dabei, aber es macht wenig Spass Selbst nach wirklich guten Meldungen passiert bei den Kursen entweder gar nix oder die Gewinne werden nach einem kurzen Hype wieder abgegeben. Mit dieser generell schlechten Stimmung im Explorer-Bereich komme ich nicht ganz klar und habe meine Aktivitäten wieder in den Junkbond-Bereich verlagert.
Selbst nach wirklich guten Meldungen passiert bei den Kursen entweder gar nix oder die Gewinne werden nach einem kurzen Hype wieder abgegeben. Mit dieser generell schlechten Stimmung im Explorer-Bereich komme ich nicht ganz klar und habe meine Aktivitäten wieder in den Junkbond-Bereich verlagert.
Antwort auf Beitrag Nr.: 33.745.903 von noch-n-zocker am 27.03.08 23:57:49Ich bin weiter voll dabei und TAM läuft in dem schwierigen Explorerumfeld inzwischen gut.
Kein Wunder, ich denke, daß 2010 schon das ganze Jahr produziert wird. Die MK ist minimal.
Da sind in 2 Jahren volle 400 % drin, was super ist.
Kein Wunder, ich denke, daß 2010 schon das ganze Jahr produziert wird. Die MK ist minimal.
Da sind in 2 Jahren volle 400 % drin, was super ist.
Antwort auf Beitrag Nr.: 33.754.585 von Urlaub2 am 28.03.08 20:01:39Hallo zusammen,
bin seit Freitag an bord.
Gruß,
eifelcash
bin seit Freitag an bord.
Gruß,
eifelcash
Ich bin auch dabei! Zu Tamerlane habe ich eine Umsatz- und Gewinnprognose gemacht:
http://www.wallstreet-online.de/community/thread/1139490-37.…
http://www.wallstreet-online.de/community/thread/1139490-37.…
Oha, Peggy Sue hat ein neues Zielobjekt gefunden!
Century Mining sues Stockhouse poster for defamation
2008-04-14 19:04 ET - Street Wire
by Mike Caswell
Century Mining Corp. and its president, Margaret Kent, are suing a Stockhouse forum poster for defamation. The company claims a poster using the name TheGoldenBull placed messages on the forum that mean Ms. Kent is a liar, has committed securities fraud, and is physically unattractive and stupid, among other things.
The suit was filed in B.C. Supreme Court on April, 10, 2008. It identifies the plaintiffs as Century and Ms. Kent. The company says it does not know the defendant's true name, and it only names him as John Doe, aka TheGoldenBull, in the suit.
According to Century's suit, TheGoldenBull published defamatory posts from Sept. 27, 2006, to Feb. 20, 2008, on Stockhouse. The company includes 15 recent ones in its suit, four of which are below.
Dec. 11, 2007, post
One, posted on Dec. 11, 2007, reads as follows:
"So....what you are basically saying is that the equity raising, done at 40cents, was used to cover the hedging losses? My god, what a joke for a company you have here.
"Well, the facts are, the dumb cow hedged about 30,000 ounces of future production to raise about half a million dollars, which she has already spent. The unrealized loss on 30,000 ounces is over $3m, do the math.
...
"You have to hand it to the market, its Always right. The pumpers are struggling like mad to keep this POS above 30 cents. They will fail, the market is always right. 20 cents or lower by x-mas, it will happen.
"As Century is being run into the ground by this stupid hag ALL might argue a cf multiple of 10x is too aggressive, especially given the precarious cash situation, run down operations, missed targets, executive staff flight, massive payments due for property payments, retrenchments, leases on idle equipment, underwater hedge book, massive requirement for capex ...etc,etc,etc......
"A multiple of 5x cf is probably more realistic, and that gives you a share price of 10cents, or one dime (good call Canon5). Personally, I wouldn't even pay 10 cents for this swirling turd."
Jan. 21, 2008, post
Century also complains that the poster said the company is a related party to the Sanchez Paredes group. Although the suit does not directly explain why an association with the group is defamatory, a Jan. 21, 2008, post that it quotes repeatedly refers to something called "S-P." It came as Century was in the midst of its attempted takeover of Sulliden Exploration Inc.
"Hoppy,
"Poor CMM Kitty, kerrrr SPLAT!!!!!!!
"Do they get to look at only CMM's books or can they look at the related parties in the transaction, S-P, etc?
"S-P's books must be fun to read, let's see what is the accounting treatment for an (alleged) coke shipment seized by the DEA?? Alleged bribes to judges, politicians, police, and hit men; is this treated as an expense or a future receivable? Boy, Century is really going to have their hands full merging these two companies. Lol.
"But seriously, the real reason CMM is falling like a turd from a pigeon is that they appear to be out of cash. I believe they said (last cc) they had about $1.5m, which when you subtract the $1m per quarter they have to pay their (alleged!) coke dealing partners, leaves about 36 hours of working capital in the old kitty. Looks like another private placement on the way.
...
"Please do your own due diligence, and remember the S-P group is only alleged to be coke dealers and money launderers, as reported by Peru's top newspaper and investigating journalist and must be assumed to be innocent until convicted!
"The Golden Bull!"
Jan. 22, 2008, post
The suit quotes several other posts of a similar flavour, one referring to "inconsistent information spewed forth by the old fat sow," and another attacking the company's hedging position, which it says was 24,000 ounces of gold at less than $700 per ounce.
The posts also continued to speculate that the company will need cash soon.
"Get ready for the next unit placement. Peg will issue shares at any price, even down to a penny; she does not give a toss about ANY of you small shareholders. As long as her insider buddies get the insider track to short in advance of the announcement, all is A-OK for her and her insider buddies," reads a Jan. 22, 2008, post.
Another post, on Jan. 24, 2008, continued in the same vein.
"Pollyanna,
"You should really do your posting BEFORE you take your medications.
"And now, when old Pig fails to pay up her $1m per quarter to these S-P drug runners that she put your company in bed with she will have a fine mess on her hands. They don't seem like the type that will take IOU's- more like fingers.
"Again, have a look at the thorough and objective report from Rosens on your blighted company. Good god. How on earth CMM are even allowed to trade is a miracle. In fact if the TSX was doing its job Century would be suspended from trading without further notice.
"And one more point, the hedge book is less than $700, not $740 and 24,000 is more than 1 years production.
"GB"
Feb. 1, 2008, post
Another post, on Feb. 1, 2008, speculates on production at the company's San Juan mine after a change of the author of its National Instrument 43-101 report.
"San Juan is reportedly doing just about 12,000 ounces per year, annualized from one good quarter. They were desperate for cash, so what do you do when you are desperate for cash? You cut back on development and high grade the place. A la Sigma. We will see in about 4 month's time.....
"And you say (or Ms reliable Peggy (lol) says...) they will increase production at SJ (and SL!) 100% in less than 12 months. December let me tell you a thing about mining. Even good, well run companies with real management and execution ability have trouble increasing production by that amount in that little time. Pure fantasy - It ain't gonna happen. When has old Peg increased production at any of her operations? ever?"
The post then gets into the company's Lamaque mine in Quebec (which was once owned by Placer Dome Canada Ltd.).
"So why did the original owner [leave] all these many years of ounces in the reserve category? Well, the most likely answer is because they were un-minable, tied up into pillars, etc. Placer employees did not mine these ounces and they ARE professional miners.
"And how would Peg even know? The place is still under water, they don't have the permit, or the water is too polluted to release without building an expensive treatment plant."
"And the mine plan with the capital costs and the NPV story. Well, it was done in a big hurry, in-house with no outside verification. Guaranteed, the numbers came right out of her a$$. Classic Peggy bait and switch- she will have a new story in six months."
Additional posts on Feb. 19, 2008, and Feb. 20, 2008, contained similar statements. One on Feb. 18, 2008, states that cheap unit private placements are reserved for "insider buddies" who create rumours to pump the stock on bulletin boards, among other things.
Century and Ms. Kent complain that the postings mean that Ms. Kent is incompetent and has committed securities fraud, among other things. They also allegedly mean that Century is not a worthwhile investment, that Ms. Kent has exploited the company's low share price for personal gain and that Century's management cannot be trusted.
Century complains that the defendant knew that each of the posts was false, and published them with malice. Many people have viewed the posts, and as of the date of the lawsuit, TheGoldenBull continues to post false and defamatory messages, the company claims.
As a result of the posts, Ms. Kent and Century say they have suffered damage to their reputations, loss and expense.
They are seeking general, special and punitive damages, plus a permanent injunction restraining the defendant from publishing further statements that are defamatory of Century and Ms. Kent.
The lawsuit was filed on the company's behalf by Dianne Prupas.
Century closed Friday at 20 cents, down a penny.
Century Mining sues Stockhouse poster for defamation
2008-04-14 19:04 ET - Street Wire
by Mike Caswell
Century Mining Corp. and its president, Margaret Kent, are suing a Stockhouse forum poster for defamation. The company claims a poster using the name TheGoldenBull placed messages on the forum that mean Ms. Kent is a liar, has committed securities fraud, and is physically unattractive and stupid, among other things.
The suit was filed in B.C. Supreme Court on April, 10, 2008. It identifies the plaintiffs as Century and Ms. Kent. The company says it does not know the defendant's true name, and it only names him as John Doe, aka TheGoldenBull, in the suit.
According to Century's suit, TheGoldenBull published defamatory posts from Sept. 27, 2006, to Feb. 20, 2008, on Stockhouse. The company includes 15 recent ones in its suit, four of which are below.
Dec. 11, 2007, post
One, posted on Dec. 11, 2007, reads as follows:
"So....what you are basically saying is that the equity raising, done at 40cents, was used to cover the hedging losses? My god, what a joke for a company you have here.
"Well, the facts are, the dumb cow hedged about 30,000 ounces of future production to raise about half a million dollars, which she has already spent. The unrealized loss on 30,000 ounces is over $3m, do the math.
...
"You have to hand it to the market, its Always right. The pumpers are struggling like mad to keep this POS above 30 cents. They will fail, the market is always right. 20 cents or lower by x-mas, it will happen.
"As Century is being run into the ground by this stupid hag ALL might argue a cf multiple of 10x is too aggressive, especially given the precarious cash situation, run down operations, missed targets, executive staff flight, massive payments due for property payments, retrenchments, leases on idle equipment, underwater hedge book, massive requirement for capex ...etc,etc,etc......
"A multiple of 5x cf is probably more realistic, and that gives you a share price of 10cents, or one dime (good call Canon5). Personally, I wouldn't even pay 10 cents for this swirling turd."
Jan. 21, 2008, post
Century also complains that the poster said the company is a related party to the Sanchez Paredes group. Although the suit does not directly explain why an association with the group is defamatory, a Jan. 21, 2008, post that it quotes repeatedly refers to something called "S-P." It came as Century was in the midst of its attempted takeover of Sulliden Exploration Inc.
"Hoppy,
"Poor CMM Kitty, kerrrr SPLAT!!!!!!!
"Do they get to look at only CMM's books or can they look at the related parties in the transaction, S-P, etc?
"S-P's books must be fun to read, let's see what is the accounting treatment for an (alleged) coke shipment seized by the DEA?? Alleged bribes to judges, politicians, police, and hit men; is this treated as an expense or a future receivable? Boy, Century is really going to have their hands full merging these two companies. Lol.
"But seriously, the real reason CMM is falling like a turd from a pigeon is that they appear to be out of cash. I believe they said (last cc) they had about $1.5m, which when you subtract the $1m per quarter they have to pay their (alleged!) coke dealing partners, leaves about 36 hours of working capital in the old kitty. Looks like another private placement on the way.
...
"Please do your own due diligence, and remember the S-P group is only alleged to be coke dealers and money launderers, as reported by Peru's top newspaper and investigating journalist and must be assumed to be innocent until convicted!
"The Golden Bull!"
Jan. 22, 2008, post
The suit quotes several other posts of a similar flavour, one referring to "inconsistent information spewed forth by the old fat sow," and another attacking the company's hedging position, which it says was 24,000 ounces of gold at less than $700 per ounce.
The posts also continued to speculate that the company will need cash soon.
"Get ready for the next unit placement. Peg will issue shares at any price, even down to a penny; she does not give a toss about ANY of you small shareholders. As long as her insider buddies get the insider track to short in advance of the announcement, all is A-OK for her and her insider buddies," reads a Jan. 22, 2008, post.
Another post, on Jan. 24, 2008, continued in the same vein.
"Pollyanna,
"You should really do your posting BEFORE you take your medications.
"And now, when old Pig fails to pay up her $1m per quarter to these S-P drug runners that she put your company in bed with she will have a fine mess on her hands. They don't seem like the type that will take IOU's- more like fingers.
"Again, have a look at the thorough and objective report from Rosens on your blighted company. Good god. How on earth CMM are even allowed to trade is a miracle. In fact if the TSX was doing its job Century would be suspended from trading without further notice.
"And one more point, the hedge book is less than $700, not $740 and 24,000 is more than 1 years production.
"GB"
Feb. 1, 2008, post
Another post, on Feb. 1, 2008, speculates on production at the company's San Juan mine after a change of the author of its National Instrument 43-101 report.
"San Juan is reportedly doing just about 12,000 ounces per year, annualized from one good quarter. They were desperate for cash, so what do you do when you are desperate for cash? You cut back on development and high grade the place. A la Sigma. We will see in about 4 month's time.....
"And you say (or Ms reliable Peggy (lol) says...) they will increase production at SJ (and SL!) 100% in less than 12 months. December let me tell you a thing about mining. Even good, well run companies with real management and execution ability have trouble increasing production by that amount in that little time. Pure fantasy - It ain't gonna happen. When has old Peg increased production at any of her operations? ever?"
The post then gets into the company's Lamaque mine in Quebec (which was once owned by Placer Dome Canada Ltd.).
"So why did the original owner [leave] all these many years of ounces in the reserve category? Well, the most likely answer is because they were un-minable, tied up into pillars, etc. Placer employees did not mine these ounces and they ARE professional miners.
"And how would Peg even know? The place is still under water, they don't have the permit, or the water is too polluted to release without building an expensive treatment plant."
"And the mine plan with the capital costs and the NPV story. Well, it was done in a big hurry, in-house with no outside verification. Guaranteed, the numbers came right out of her a$$. Classic Peggy bait and switch- she will have a new story in six months."
Additional posts on Feb. 19, 2008, and Feb. 20, 2008, contained similar statements. One on Feb. 18, 2008, states that cheap unit private placements are reserved for "insider buddies" who create rumours to pump the stock on bulletin boards, among other things.
Century and Ms. Kent complain that the postings mean that Ms. Kent is incompetent and has committed securities fraud, among other things. They also allegedly mean that Century is not a worthwhile investment, that Ms. Kent has exploited the company's low share price for personal gain and that Century's management cannot be trusted.
Century complains that the defendant knew that each of the posts was false, and published them with malice. Many people have viewed the posts, and as of the date of the lawsuit, TheGoldenBull continues to post false and defamatory messages, the company claims.
As a result of the posts, Ms. Kent and Century say they have suffered damage to their reputations, loss and expense.
They are seeking general, special and punitive damages, plus a permanent injunction restraining the defendant from publishing further statements that are defamatory of Century and Ms. Kent.
The lawsuit was filed on the company's behalf by Dianne Prupas.
Century closed Friday at 20 cents, down a penny.
Antwort auf Beitrag Nr.: 33.892.490 von noch-n-zocker am 15.04.08 21:16:39
So etwas habe ich noch nie gesehen. Wenn auch ungewöhnlich ist es vielleicht eine berechtigte Reaktion. Meinetwegen könne sie diesen Poster verurteilen. Ich mag solche Leute sowieso nicht.
So etwas habe ich noch nie gesehen. Wenn auch ungewöhnlich ist es vielleicht eine berechtigte Reaktion. Meinetwegen könne sie diesen Poster verurteilen. Ich mag solche Leute sowieso nicht.
Antwort auf Beitrag Nr.: 33.895.357 von medimmune am 16.04.08 10:05:46Bevor du den Poster verurteilst, solltest du dich zunächst mit der "Erfolgs"geschichte und den Märchenstunden von Frau Kent beschäftigen. Obwohl der Century-Kurs eine mehr als deutliche Sprache spricht.
Bohrergebnisse!
Attention Business Editors
Tamerlane Intersects 15.19% Combined Lead-Zinc Over 156.5 Feet, Including 72.29% Combined Lead-Zinc Over 8 Feet
BLAINE, WA, April 17 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V)
announced today that it has intersected additional extensive high-grade
lead-zinc mineralization at the Company's Pine Point property, located in the
Northwest Territories, Canada. Drill hole P499-TV2 returned a significant
156.5-foot true vertical thickness of 15.19% combined lead and zinc, including
an interval of 92 feet of 22.66% lead and zinc. The results from today's
announcement are summarized below:
<<
Deposit P499 Hole TV2
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole -------------------------- Thickness ---------- Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
P499-TV2 287 302 15 4.57 14.9 2.92 2.84 5.76
-------------------------------------------------------------------------
P499-TV2 314 472 158 48.17 156.5 8.21 6.98 15.19
-------------------------------------------------------------------------
319 327 8 2.44 7.7 19.96 52.33 72.29
---------------------------------------------------------------
Containing: 314 351 37 11.28 36.7 10.96 22.01 32.97
---------------------------------------------------------------
314 407 93 28.35 92.0 11.27 11.39 22.66
-------------------------------------------------------------------------
P499-TV2 517 567 50 15.24 49.6 3.56 1.32 4.88
-------------------------------------------------------------------------
P499-TV2 was drilled at -83 degrees.
>>
The results shown below for drill hole P499-TV1 have been updated since
the March 27, 2008 press release, which included 5 sections where zinc was
reported greater than 30%, and an additional 7.5-foot section where both zinc
and lead were reported greater than 30% (Zn+Pb% greater than 60%). The results
below reflect the follow-up chemical assays for those sections.
<<
Deposit P499 Hole TV1
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole -------------------------- Thickness ---------- Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
P499-TV1 288 313 25 7.62 25 4.62 1.45 6.07
-------------------------------------------------------------------------
P499-TV1 333 491 158 48.19 158 17.80 8.67 26.46
-------------------------------------------------------------------------
Containing: 387 423 36 10.98 36 21.83 7.54 29.37
---------------------------------------------------------------
428 491 63 19.21 63 22.01 13.23 35.24
-------------------------------------------------------------------------
P499-TV1 532 543 11 3.43 11 4.57 1.29 5.86
-------------------------------------------------------------------------
P499-TV1 573 584 11 3.43 11 14.65 5.19 19.84
-------------------------------------------------------------------------
P499-TV1 was drilled at -90 degrees and represents the true vertical
thickness of the prismatic deposit.
>>
The assay results announced today are part of the confirmation drilling
program commenced in November 2007 for the purpose of converting a portion of
indicated and historical resources into proven and probable reserves. The
results described in this press release conclude the Winter 2007/2008 drill
program, in which Tamerlane drilled 3,200 meters in 16 holes.
For 2008, the Company has scheduled an extensive drill program to be
completed on the East side of the Buffalo River, where favorable ground
conditions facilitate Spring and Summer drilling. Tamerlane expects to drill
approximately 5,000 meters in 2008. Additional drill results will be
forthcoming.
The results herein described have been prepared under the guidance of
Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a
Qualified Person with the ability and authority to verify the authenticity and
validity of the data. The drill program was carried out under the direct
supervision of Mr. Wolfgang Schleiss, M.Sc. Samples and assay results for lead
and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using
industry standard assay techniques for ore grade lead and zinc mineralization.
"Ross F. Burns"
President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this press
release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the
meaning of applicable securities laws. We use words such as "may", "will",
"should", "anticipate", "plan", "expect", "believe", "estimate" and similar
terminology to identify forward-looking information. It is based on
assumptions, estimates, opinions and analysis made by management in light of
its experience, current conditions and its expectations of future developments
as well as other factors which it believes to be reasonable and relevant.
Forward-looking information involves known and unknown risks, uncertainties
and other factors that may cause our actual results to differ materially from
those expressed or implied in the forward-looking statements and accordingly,
readers should not place undue reliance on those statements. Risks and
uncertainties that may cause actual results to vary include but are not
limited to the speculative nature of mineral exploration and development,
including the uncertainty of reserve and resource estimates; operational and
technical difficulties; the availability to the Company of suitable financing
alternatives; fluctuations in zinc, lead and other resource prices; changes to
and compliance with applicable laws and regulations, including environmental
laws and obtaining requisite permits; political, economic and other risks
arising from our activities; fluctuations in foreign exchange rates; as well
as other risks and uncertainties which are more fully described in our annual
and quarterly Management's Discussion and Analysis and in other filings made
by us with Canadian securities regulatory authorities and available at
www.sedar.com.
-30-
/For further information: Brent Jones, Manager of Investor Relations,
E-mail: bjones@tamerlaneventures.com, Phone: (360) 332-4653, Fax: (360)
332-4652, Website: www.tamerlaneventures.com/
Quelle:
http://www.cnxmarketlink.com/en/releases/archive/April2008/1…
Attention Business Editors
Tamerlane Intersects 15.19% Combined Lead-Zinc Over 156.5 Feet, Including 72.29% Combined Lead-Zinc Over 8 Feet
BLAINE, WA, April 17 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V)
announced today that it has intersected additional extensive high-grade
lead-zinc mineralization at the Company's Pine Point property, located in the
Northwest Territories, Canada. Drill hole P499-TV2 returned a significant
156.5-foot true vertical thickness of 15.19% combined lead and zinc, including
an interval of 92 feet of 22.66% lead and zinc. The results from today's
announcement are summarized below:
<<
Deposit P499 Hole TV2
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole -------------------------- Thickness ---------- Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
P499-TV2 287 302 15 4.57 14.9 2.92 2.84 5.76
-------------------------------------------------------------------------
P499-TV2 314 472 158 48.17 156.5 8.21 6.98 15.19
-------------------------------------------------------------------------
319 327 8 2.44 7.7 19.96 52.33 72.29
---------------------------------------------------------------
Containing: 314 351 37 11.28 36.7 10.96 22.01 32.97
---------------------------------------------------------------
314 407 93 28.35 92.0 11.27 11.39 22.66
-------------------------------------------------------------------------
P499-TV2 517 567 50 15.24 49.6 3.56 1.32 4.88
-------------------------------------------------------------------------
P499-TV2 was drilled at -83 degrees.
>>
The results shown below for drill hole P499-TV1 have been updated since
the March 27, 2008 press release, which included 5 sections where zinc was
reported greater than 30%, and an additional 7.5-foot section where both zinc
and lead were reported greater than 30% (Zn+Pb% greater than 60%). The results
below reflect the follow-up chemical assays for those sections.
<<
Deposit P499 Hole TV1
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average
Drill Hole -------------------------- Thickness ---------- Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
P499-TV1 288 313 25 7.62 25 4.62 1.45 6.07
-------------------------------------------------------------------------
P499-TV1 333 491 158 48.19 158 17.80 8.67 26.46
-------------------------------------------------------------------------
Containing: 387 423 36 10.98 36 21.83 7.54 29.37
---------------------------------------------------------------
428 491 63 19.21 63 22.01 13.23 35.24
-------------------------------------------------------------------------
P499-TV1 532 543 11 3.43 11 4.57 1.29 5.86
-------------------------------------------------------------------------
P499-TV1 573 584 11 3.43 11 14.65 5.19 19.84
-------------------------------------------------------------------------
P499-TV1 was drilled at -90 degrees and represents the true vertical
thickness of the prismatic deposit.
>>
The assay results announced today are part of the confirmation drilling
program commenced in November 2007 for the purpose of converting a portion of
indicated and historical resources into proven and probable reserves. The
results described in this press release conclude the Winter 2007/2008 drill
program, in which Tamerlane drilled 3,200 meters in 16 holes.
For 2008, the Company has scheduled an extensive drill program to be
completed on the East side of the Buffalo River, where favorable ground
conditions facilitate Spring and Summer drilling. Tamerlane expects to drill
approximately 5,000 meters in 2008. Additional drill results will be
forthcoming.
The results herein described have been prepared under the guidance of
Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a
Qualified Person with the ability and authority to verify the authenticity and
validity of the data. The drill program was carried out under the direct
supervision of Mr. Wolfgang Schleiss, M.Sc. Samples and assay results for lead
and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using
industry standard assay techniques for ore grade lead and zinc mineralization.
"Ross F. Burns"
President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this press
release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the
meaning of applicable securities laws. We use words such as "may", "will",
"should", "anticipate", "plan", "expect", "believe", "estimate" and similar
terminology to identify forward-looking information. It is based on
assumptions, estimates, opinions and analysis made by management in light of
its experience, current conditions and its expectations of future developments
as well as other factors which it believes to be reasonable and relevant.
Forward-looking information involves known and unknown risks, uncertainties
and other factors that may cause our actual results to differ materially from
those expressed or implied in the forward-looking statements and accordingly,
readers should not place undue reliance on those statements. Risks and
uncertainties that may cause actual results to vary include but are not
limited to the speculative nature of mineral exploration and development,
including the uncertainty of reserve and resource estimates; operational and
technical difficulties; the availability to the Company of suitable financing
alternatives; fluctuations in zinc, lead and other resource prices; changes to
and compliance with applicable laws and regulations, including environmental
laws and obtaining requisite permits; political, economic and other risks
arising from our activities; fluctuations in foreign exchange rates; as well
as other risks and uncertainties which are more fully described in our annual
and quarterly Management's Discussion and Analysis and in other filings made
by us with Canadian securities regulatory authorities and available at
www.sedar.com.
-30-
/For further information: Brent Jones, Manager of Investor Relations,
E-mail: bjones@tamerlaneventures.com, Phone: (360) 332-4653, Fax: (360)
332-4652, Website: www.tamerlaneventures.com/
Quelle:
http://www.cnxmarketlink.com/en/releases/archive/April2008/1…
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Reports Financial Results For The Full Year 2007
Wednesday April 30, 12:22 am ET
- Company also provides Pine Point Project update -
BLAINE, WA, April 29 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces a net loss of C$2.4 million or $0.06 per share, for the fully year ended December 31, 2007. As at December 31, 2007 the Company had working capital of C$3.9 million. Tamerlane's Consolidated Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2007 are available for viewing on SEDAR's website at www.sedar.com.
Pine Point Project update
-------------------------
Tamerlane also announced today details regarding the current status and future plans for the Pine Point Project.
Project highlights to date
--------------------------
- Environmental board recommended in favor of Pine Point land and water
permits
- 2007 drill program successfully completed; 2008 drill program
currently under way
- Signed comprehensive exploration agreements with local aboriginal
groups
- Completed feasibility study and NI 43-101 reserve report for R190
deposit
- Contracted all major components of construction and development phase
- Secured mining leases for 16 deposits on Pine Point property
1. Background
Tamerlane's Pine Point Project is located in Canada's Northwest
Territories, approximately 42 km east of Hay River. The Company controls
a total area of 175 km(2), including both the historic Pine Point Mine
property as well as a contiguous property to the west originally explored
by Westmin Resources (Westmin). Tamerlane's Pine Point Project includes
more than 60 known lead-zinc deposits. The Pine Point Project property is
100% owned by Tamerlane Ventures Inc., subject to a 3% NSR.
2. Updated Feasibility Study and NI 43-101 Technical Report
In February 2008, Tamerlane entered into a contract with Pincock, Allen
and Holt to review Tamerlane's updated feasibility study and prepare an
updated NI 43-101 compliant reserve and resource technical report (see
February 11 press release). The updated feasibility study and NI 43-101
technical report will overwrite the reserves and economics of the six
deposits located in close proximity to the R-190 deposit. The updated
reports are based on a confirmation drilling program that began in
November 2007 for the purpose of upgrading resources on the P-499, O-556,
X-25, G-03, W-85 and Z-155 deposits to the measured and indicated
resource category. The resulting updated feasibility study will convert
these resources to proven and probable reserve categories. The work is
expected to be completed in May. At the completion of the work, new
updated NI 43-101 results will be announced.
Significant intersections announced from the drilling program included
drill hole P499-TV2, which returned a 156.5-foot true vertical thickness
of 15.19% combined lead and zinc, with an interval of 92 feet of 22.66%
lead and zinc. Drill hole P499-TV1 also returned a significant 158-foot
true vertical thickness of 25.53% combined lead and zinc, including an
interval of 63 feet of 33.74% lead and zinc.
3. Pine Point Development Schedule
The following schedule outlines construction and development work that
will take place upon commencement of the construction phase. The timeline
is segmented by quarter (3-month periods) from start up, which will begin
when the Company receives the necessary permits (for further details,
see 4. Environment and Mitigation in this press release).
(To see Pine Point Development Schedule go to URL
http://files.newswire.ca/709/pinepoint.pdf)
4. Environment and Mitigation
As announced on February 25, 2008, Tamerlane completed a 2-year process
of environmental assessment by the Mackenzie Valley Environmental Impact
Review Board (MVEIRB), which culminated in MVEIRB's recommendation in
favor of Tamerlane's application. Among other things, MVEIRB stated in
its report, "It is the Review Board's opinion that the proposed
development is not likely to have any significant adverse impacts on the
environment or be a cause of significant public concern."
Upon approval by the Minister of Indian and Northern Affairs, Tamerlane's
application for land and water use permits will proceed to the regulatory
phase, where the applications will be reviewed by the Mackenzie Valley
Land and Water Board (MVLWB). Tamerlane will begin construction and
development immediately following regulatory approval and receipt of the
necessary permits.
5. Project Financing
Tamerlane is currently in the process of reviewing various financing
proposals from financial institutions, metals traders, smelters and other
end users of lead and zinc. Financing discussions and negotiations are
preliminary in nature, and no agreements have been entered into as of the
date of this press release. Regarding financing for the Pine Point
project, Tamerlane's fundamental policy is to secure adequate funds to
meet all capital expenditures and working capital requirements through
the first three months of production, after which time Tamerlane expects
operating cash flows will be sufficient to maintain ongoing operations.
6. Human Resources
In anticipation of the commencement of the construction phase of
operations in 2008, Tamerlane is currently in the process of recruiting
and interviewing a Chief Financial Officer, General Manager, Human
Resources Director, and engineering and geological candidates. These
positions will be filled by full-time employees, adding to Tamerlane's
current staff of Senior Geologists, Engineers and Project Managers.
"Ross F. Burns"
President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this press
release.
Caution Concerning Forward-Looking Information
Tamerlane Reports Financial Results For The Full Year 2007
Wednesday April 30, 12:22 am ET
- Company also provides Pine Point Project update -
BLAINE, WA, April 29 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces a net loss of C$2.4 million or $0.06 per share, for the fully year ended December 31, 2007. As at December 31, 2007 the Company had working capital of C$3.9 million. Tamerlane's Consolidated Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2007 are available for viewing on SEDAR's website at www.sedar.com.
Pine Point Project update
-------------------------
Tamerlane also announced today details regarding the current status and future plans for the Pine Point Project.
Project highlights to date
--------------------------
- Environmental board recommended in favor of Pine Point land and water
permits
- 2007 drill program successfully completed; 2008 drill program
currently under way
- Signed comprehensive exploration agreements with local aboriginal
groups
- Completed feasibility study and NI 43-101 reserve report for R190
deposit
- Contracted all major components of construction and development phase
- Secured mining leases for 16 deposits on Pine Point property
1. Background
Tamerlane's Pine Point Project is located in Canada's Northwest
Territories, approximately 42 km east of Hay River. The Company controls
a total area of 175 km(2), including both the historic Pine Point Mine
property as well as a contiguous property to the west originally explored
by Westmin Resources (Westmin). Tamerlane's Pine Point Project includes
more than 60 known lead-zinc deposits. The Pine Point Project property is
100% owned by Tamerlane Ventures Inc., subject to a 3% NSR.
2. Updated Feasibility Study and NI 43-101 Technical Report
In February 2008, Tamerlane entered into a contract with Pincock, Allen
and Holt to review Tamerlane's updated feasibility study and prepare an
updated NI 43-101 compliant reserve and resource technical report (see
February 11 press release). The updated feasibility study and NI 43-101
technical report will overwrite the reserves and economics of the six
deposits located in close proximity to the R-190 deposit. The updated
reports are based on a confirmation drilling program that began in
November 2007 for the purpose of upgrading resources on the P-499, O-556,
X-25, G-03, W-85 and Z-155 deposits to the measured and indicated
resource category. The resulting updated feasibility study will convert
these resources to proven and probable reserve categories. The work is
expected to be completed in May. At the completion of the work, new
updated NI 43-101 results will be announced.
Significant intersections announced from the drilling program included
drill hole P499-TV2, which returned a 156.5-foot true vertical thickness
of 15.19% combined lead and zinc, with an interval of 92 feet of 22.66%
lead and zinc. Drill hole P499-TV1 also returned a significant 158-foot
true vertical thickness of 25.53% combined lead and zinc, including an
interval of 63 feet of 33.74% lead and zinc.
3. Pine Point Development Schedule
The following schedule outlines construction and development work that
will take place upon commencement of the construction phase. The timeline
is segmented by quarter (3-month periods) from start up, which will begin
when the Company receives the necessary permits (for further details,
see 4. Environment and Mitigation in this press release).
(To see Pine Point Development Schedule go to URL
http://files.newswire.ca/709/pinepoint.pdf)
4. Environment and Mitigation
As announced on February 25, 2008, Tamerlane completed a 2-year process
of environmental assessment by the Mackenzie Valley Environmental Impact
Review Board (MVEIRB), which culminated in MVEIRB's recommendation in
favor of Tamerlane's application. Among other things, MVEIRB stated in
its report, "It is the Review Board's opinion that the proposed
development is not likely to have any significant adverse impacts on the
environment or be a cause of significant public concern."
Upon approval by the Minister of Indian and Northern Affairs, Tamerlane's
application for land and water use permits will proceed to the regulatory
phase, where the applications will be reviewed by the Mackenzie Valley
Land and Water Board (MVLWB). Tamerlane will begin construction and
development immediately following regulatory approval and receipt of the
necessary permits.
5. Project Financing
Tamerlane is currently in the process of reviewing various financing
proposals from financial institutions, metals traders, smelters and other
end users of lead and zinc. Financing discussions and negotiations are
preliminary in nature, and no agreements have been entered into as of the
date of this press release. Regarding financing for the Pine Point
project, Tamerlane's fundamental policy is to secure adequate funds to
meet all capital expenditures and working capital requirements through
the first three months of production, after which time Tamerlane expects
operating cash flows will be sufficient to maintain ongoing operations.
6. Human Resources
In anticipation of the commencement of the construction phase of
operations in 2008, Tamerlane is currently in the process of recruiting
and interviewing a Chief Financial Officer, General Manager, Human
Resources Director, and engineering and geological candidates. These
positions will be filled by full-time employees, adding to Tamerlane's
current staff of Senior Geologists, Engineers and Project Managers.
"Ross F. Burns"
President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this press
release.
Caution Concerning Forward-Looking Information
Wann kommt endlich diese ausstehende Genehmigung? Dieser Minister hat Verspätung, ich hoffe mal das ist ein gutes Zeichen...
eifelcash
eifelcash
Sollte in 2 Wochen kommen. Tamerlane haelt sich einfach klasse in diesem schwachen Zink Umfeld. Wie wir wissen Zink befindet sich in eine schwehre rezession. hut ab.
Eine weitere Hürde scheint genommen zu sein:
http://www.mveirb.nt.ca/upload/project_document/1210712255_A…
http://www.mveirb.nt.ca/upload/project_document/1210712255_A…
Press Release Source: Tamerlane Ventures Inc.
Federal Minister Approves Tamerlane's Pine Point Project
Wednesday May 14, 12:02 pm ET
Minister agrees to bypass environmental impact review phase
BLAINE, WA, May 14 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that the Federal Minister of Indian and Northern Affairs Development approved Tamerlane's application for land and water use permits for the Pine Point Project.
In his letter (dated May 13, 2008) to the Mackenzie Valley Environmental Impact Review Board (MVEIRB), the Minister agreed with MVEIRB's February 22, 2008 recommendation in favor of Tamerlane's application stating, "Indian Northern Affairs Canada and the other Responsible Ministers are in agreement not to order an environmental impact review for the Tamerlane Ventures Inc.'s Pine Point Pilot Project." The letter further stated, "We support the Mackenzie Valley Environmental Impact Review Board's determination regarding the proposed development as set out in its Report of Environmental Assessment and Reasons for Decision, dated February 22, 2008."
As a result of the Minister's approval, Tamerlane's application for land and water use permits will proceed to the routine regulatory phase, where the applications will be reviewed by the Mackenzie Valley Land and Water Board (MVLWB). Tamerlane will begin construction and development immediately following regulatory approval and receipt of the necessary permits.
Ross Burns, President & CEO, said: "We are very pleased with the Minister's decision, and we look forward to an expeditious process in moving this project into construction. The Company will continue to work closely with local communities, regulatory officials and other stakeholders as the Pine Point project continues toward production."
Federal Minister Approves Tamerlane's Pine Point Project
Wednesday May 14, 12:02 pm ET
Minister agrees to bypass environmental impact review phase
BLAINE, WA, May 14 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that the Federal Minister of Indian and Northern Affairs Development approved Tamerlane's application for land and water use permits for the Pine Point Project.
In his letter (dated May 13, 2008) to the Mackenzie Valley Environmental Impact Review Board (MVEIRB), the Minister agreed with MVEIRB's February 22, 2008 recommendation in favor of Tamerlane's application stating, "Indian Northern Affairs Canada and the other Responsible Ministers are in agreement not to order an environmental impact review for the Tamerlane Ventures Inc.'s Pine Point Pilot Project." The letter further stated, "We support the Mackenzie Valley Environmental Impact Review Board's determination regarding the proposed development as set out in its Report of Environmental Assessment and Reasons for Decision, dated February 22, 2008."
As a result of the Minister's approval, Tamerlane's application for land and water use permits will proceed to the routine regulatory phase, where the applications will be reviewed by the Mackenzie Valley Land and Water Board (MVLWB). Tamerlane will begin construction and development immediately following regulatory approval and receipt of the necessary permits.
Ross Burns, President & CEO, said: "We are very pleased with the Minister's decision, and we look forward to an expeditious process in moving this project into construction. The Company will continue to work closely with local communities, regulatory officials and other stakeholders as the Pine Point project continues toward production."
Diese Tamerlane staendigen verkaefe bei guten news werde ich wohl niemals kapieren.
Antwort auf Beitrag Nr.: 34.108.406 von recession am 16.05.08 11:02:45Ich möchte mich da anschließen, da warten die Cans und auch wir wochenlang auf den Herrn Minister, dann kommt die von allen sehnsüchtig erwartete positive news, und dann....verkaufen die...
The behaviour of the market is unpredictable, but the behaviour of the market's participants is about as predictable as you can get. For long-term success, investors need the discipline to do two things:
1. Invest during points of pessimism
2. Exercise patience.
Gruß und schönes We,
eifelcash
The behaviour of the market is unpredictable, but the behaviour of the market's participants is about as predictable as you can get. For long-term success, investors need the discipline to do two things:
1. Invest during points of pessimism
2. Exercise patience.
Gruß und schönes We,
eifelcash
Antwort auf Beitrag Nr.: 34.115.265 von eifelcash am 17.05.08 00:36:51Das zeigt dass noch viele borsenspieler ungestraft rumlaufen. Diese news waren eingepreisst und die haben sofort verkauft. Trotz dem erlaubnise und gute news werden noch weiter folgen. Ah ,wenn zink so angesagt waere wie kohle oder kali. In zukunft sollte zink atraktiver werden.
Scheint als ob die Tam Kauf Interesse ist sehr schwach geworden. Heute in Canada wieder -7.6 %. Leider , dass die naechsten news werden so etwa in 1 Monat erscheinen. Bis dahin Preisse konnen ziemlich runtergehen. Es gibt leider keine Interesenten, meist nur Boersen Speler. Tam fehlt seriouse Investoren. Eigentlich ist das auch schuld von Tam Team, die sollten die fehlende Interesse mehr ankurbeln.
Das fehlende Interesse wird nicht unerheblich an den fallenden Preisen von Blei und Zink liegen. Als der Palladiumpreis Anfang des Jahres kurzzeitig explodiert ist, kamen meine NAP auch rapide aus den Puschen - und sind mit dem korrigierenden Preis auch wieder genau so schnell gefallen.
Selbst wenn TAM auch mit diesen Preisen noch profitable in Produktion gehen kann - die Investoren werden derzeit sicherlich eher auf andere Metalle blicken.
Also abwarten, bis Blei und Zink ihren Boden gefunden haben und Signale nach oben vermitteln. Dann steigt auch das Augenmerk bei TAM - die Assets sind schließlich gut..
Selbst wenn TAM auch mit diesen Preisen noch profitable in Produktion gehen kann - die Investoren werden derzeit sicherlich eher auf andere Metalle blicken.
Also abwarten, bis Blei und Zink ihren Boden gefunden haben und Signale nach oben vermitteln. Dann steigt auch das Augenmerk bei TAM - die Assets sind schließlich gut..
Am 8. Mai endete auch die Haltefrist für ca. 2,8 Mio. Aktien aus dem letzten PP. Die nächsten News dürften Mining Permit, updated BFS und etwas später die Finanzierung betreffen.
Hoffentlich 0.8 CAD wird eine weile halten wegen der klenen chart Unterstutzung. Das naechste Ziel sollte dann 0.7 CAD bedeuten.:
:
Tamerlane in freien Fall. 0.8 cad wie Butter durchbrochen. Heute 0.7 Cad getestet. Wenn 0.7 cad durchbrochen wird dann auf zum neuen Tiefen bis 0.4-0.6 Cad. Bei 0.85 cad bin ich ausgestiegen. Werde die Aktie bei Tieferen Kursen kaufen. Das verbrennt nur Geld.
Antwort auf Beitrag Nr.: 34.183.037 von recession am 27.05.08 21:36:49
jetzt wieder guenstig einsteigen bei cad.0.7.bei schwaeche
bis ca. cad 0.5 einfach zukaufen.auch mittelfristig
sollte sich das bezahlt machen.in diesem sinne.
jetzt wieder guenstig einsteigen bei cad.0.7.bei schwaeche
bis ca. cad 0.5 einfach zukaufen.auch mittelfristig
sollte sich das bezahlt machen.in diesem sinne.
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Reports Financial Results For Three Month Period Ended March 31, 2008
Friday May 30, 6:54 pm ET
- Company also provides Pine Point Project update -
BLAINE, WA, May 30 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces a net loss of C$617,801 or $0.01 per share, in the first quarter ended March 31, 2008. As at March 31, 2008 the Company had working capital of approximately C$1.7 million.
Pine Point Project update
-------------------------
Tamerlane also announced today details regarding the current status and future plans for the Pine Point Project.
Project highlights to date
--------------------------
- Environmental board recommended in favor of Pine Point land and water
permits
- Federal Minister approved project with no further environmental
reviews necessary
- 2007 drill program successfully completed; 2008 drill program
currently under way
- Signed comprehensive exploration agreements with local aboriginal
groups
- Completed feasibility study and NI 43-101 reserve report for R190
deposit
- Contracted all major components of construction and development phase
- Secured mining leases for 16 deposits on Pine Point property
- Currently finalizing updated NI 43-101 technical report and
feasibility study
Background
Tamerlane's Pine Point Project is located in Canada's Northwest Territories, approximately 42 km east of Hay River. The Company controls a total area of 175 km(2), including both the historic Pine Point Mine property as well as a contiguous property to the west originally explored by Westmin Resources (Westmin). Tamerlane's Pine Point Project includes more than 60 known zinc-lead deposits. The Pine Point Project property is 100% owned by Tamerlane Ventures Inc., subject to a 3% NSR.
Updated Feasibility Study and NI 43-101 Technical Report
In February 2008, Tamerlane entered into a contract with Pincock, Allen and Holt to review Tamerlane's updated feasibility study and prepare an updated NI 43-101 compliant reserve and resource technical report (see February 11 press release). The updated feasibility study and NI 43-101 technical report will overwrite the reserves and economics of seven deposits including the R-190 deposit. The updated reports are based on a confirmation drilling program that began in November 2007 for the purpose of upgrading resources on the P-499, O-556, X-25, G-03, W-85 and Z-155 deposits to the measured and indicated resource category. The resulting updated feasibility study will convert these resources to proven and probable reserve categories. The work is expected to be completed in mid-June. At the completion of the work, new updated NI 43-101 results will be announced.
Significant intersections announced from the drilling program included drill hole P499-TV2, which returned a 156.5-foot true vertical thickness of 15.19% combined lead and zinc, with an interval of 92 feet of 22.66% lead and zinc. Drill hole P499-TV1 also returned a significant 158-foot true vertical thickness of 25.53% combined lead and zinc, including an interval of 63 feet of 33.74% lead and zinc.
Environment and Mitigation
As announced on February 25, 2008, Tamerlane completed a 2-year process of environmental assessment by the Mackenzie Valley Environmental Impact Review Board (MVEIRB), which culminated in MVEIRB's recommendation in favor of Tamerlane's application. Among other things, MVEIRB stated in its report, "It is the Review Board's opinion that the proposed development is not likely to have any significant adverse impacts on the environment or be a cause of significant public concern."
Since then, the Minister of Indian and Northern Affairs also approved Tamerlane's application, and the matter is now in the final regulatory phase, where the applications will be reviewed by the Mackenzie Valley Land and Water Board (MVLWB). Tamerlane will begin construction and development immediately following regulatory approval and receipt of the necessary permits.
Project Financing
Tamerlane is currently in the process of identifying prospective sources of financing, including banks, financial institutions, metal trading companies and other end users of lead and zinc. Financing discussions and negotiations are preliminary in nature, and no agreements have been entered into as of the date of this press release. When the Pincock report is finalized this report will be used as the basis for determining the amount and the structure of the financing.
"Ross F. Burns"
President & CEO
Tamerlane Reports Financial Results For Three Month Period Ended March 31, 2008
Friday May 30, 6:54 pm ET
- Company also provides Pine Point Project update -
BLAINE, WA, May 30 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces a net loss of C$617,801 or $0.01 per share, in the first quarter ended March 31, 2008. As at March 31, 2008 the Company had working capital of approximately C$1.7 million.
Pine Point Project update
-------------------------
Tamerlane also announced today details regarding the current status and future plans for the Pine Point Project.
Project highlights to date
--------------------------
- Environmental board recommended in favor of Pine Point land and water
permits
- Federal Minister approved project with no further environmental
reviews necessary
- 2007 drill program successfully completed; 2008 drill program
currently under way
- Signed comprehensive exploration agreements with local aboriginal
groups
- Completed feasibility study and NI 43-101 reserve report for R190
deposit
- Contracted all major components of construction and development phase
- Secured mining leases for 16 deposits on Pine Point property
- Currently finalizing updated NI 43-101 technical report and
feasibility study
Background
Tamerlane's Pine Point Project is located in Canada's Northwest Territories, approximately 42 km east of Hay River. The Company controls a total area of 175 km(2), including both the historic Pine Point Mine property as well as a contiguous property to the west originally explored by Westmin Resources (Westmin). Tamerlane's Pine Point Project includes more than 60 known zinc-lead deposits. The Pine Point Project property is 100% owned by Tamerlane Ventures Inc., subject to a 3% NSR.
Updated Feasibility Study and NI 43-101 Technical Report
In February 2008, Tamerlane entered into a contract with Pincock, Allen and Holt to review Tamerlane's updated feasibility study and prepare an updated NI 43-101 compliant reserve and resource technical report (see February 11 press release). The updated feasibility study and NI 43-101 technical report will overwrite the reserves and economics of seven deposits including the R-190 deposit. The updated reports are based on a confirmation drilling program that began in November 2007 for the purpose of upgrading resources on the P-499, O-556, X-25, G-03, W-85 and Z-155 deposits to the measured and indicated resource category. The resulting updated feasibility study will convert these resources to proven and probable reserve categories. The work is expected to be completed in mid-June. At the completion of the work, new updated NI 43-101 results will be announced.
Significant intersections announced from the drilling program included drill hole P499-TV2, which returned a 156.5-foot true vertical thickness of 15.19% combined lead and zinc, with an interval of 92 feet of 22.66% lead and zinc. Drill hole P499-TV1 also returned a significant 158-foot true vertical thickness of 25.53% combined lead and zinc, including an interval of 63 feet of 33.74% lead and zinc.
Environment and Mitigation
As announced on February 25, 2008, Tamerlane completed a 2-year process of environmental assessment by the Mackenzie Valley Environmental Impact Review Board (MVEIRB), which culminated in MVEIRB's recommendation in favor of Tamerlane's application. Among other things, MVEIRB stated in its report, "It is the Review Board's opinion that the proposed development is not likely to have any significant adverse impacts on the environment or be a cause of significant public concern."
Since then, the Minister of Indian and Northern Affairs also approved Tamerlane's application, and the matter is now in the final regulatory phase, where the applications will be reviewed by the Mackenzie Valley Land and Water Board (MVLWB). Tamerlane will begin construction and development immediately following regulatory approval and receipt of the necessary permits.
Project Financing
Tamerlane is currently in the process of identifying prospective sources of financing, including banks, financial institutions, metal trading companies and other end users of lead and zinc. Financing discussions and negotiations are preliminary in nature, and no agreements have been entered into as of the date of this press release. When the Pincock report is finalized this report will be used as the basis for determining the amount and the structure of the financing.
"Ross F. Burns"
President & CEO
I urge all shareholder to send Tam a letter like the one I have formulated below. It's a simple request and thuis it should be possible to answer it in a simple and strait forward m,anner. Yes or no. I have sent a similar letter toTamerlane B. Jones now more than a week ago but as of now NO reply. Just silence.
Dear Sir,
are you prepared to implement a routine such as the one I'm suggesting below? If you are not I fear this may severely hurt the company’s future outlook and opportunity to provide acceptable shareholder value.
The single most important task for TAM management as it stands today is to 100% ensure and guarantee to it's shareholders that no shorting is made in the future by anyone involved in any possible financing that may/or may not occur.
Shorting a stock prior to financing is ILLEGAL in the US and clearly this is an issue that now has to be addressed also in Canada as it most frequently is people and institutions preferable Canadian Banks involved in the financing that has the interest of lowering the SP prior to getting the company financed.
I find it very strange indeed that we despite all good drilling results TAM recently have been able to present, despite the fact that the Federal Minister of Indian and Northern Affairs Development approved Tamerlane’s application for land and water use permits and despite the already so immensely undervalued levels we're currently trading at we at a day like this again can watch the SP going even lower. Who in their right mind sells this share at this point?
The only explanation I can think of is that it might be people that hope to get involved with the financing. Now I as a shareholder of TAM demand that management does not get involved with any individual or institution that has not can guarantee in writing they have not shorted the SP prior to the financing.
ust put it simple to the lenders your discussing financing with - If you cannot guarantee in writing you're not a shorter then NO financing deal.
Dear Sir,
are you prepared to implement a routine such as the one I'm suggesting below? If you are not I fear this may severely hurt the company’s future outlook and opportunity to provide acceptable shareholder value.
The single most important task for TAM management as it stands today is to 100% ensure and guarantee to it's shareholders that no shorting is made in the future by anyone involved in any possible financing that may/or may not occur.
Shorting a stock prior to financing is ILLEGAL in the US and clearly this is an issue that now has to be addressed also in Canada as it most frequently is people and institutions preferable Canadian Banks involved in the financing that has the interest of lowering the SP prior to getting the company financed.
I find it very strange indeed that we despite all good drilling results TAM recently have been able to present, despite the fact that the Federal Minister of Indian and Northern Affairs Development approved Tamerlane’s application for land and water use permits and despite the already so immensely undervalued levels we're currently trading at we at a day like this again can watch the SP going even lower. Who in their right mind sells this share at this point?
The only explanation I can think of is that it might be people that hope to get involved with the financing. Now I as a shareholder of TAM demand that management does not get involved with any individual or institution that has not can guarantee in writing they have not shorted the SP prior to the financing.
ust put it simple to the lenders your discussing financing with - If you cannot guarantee in writing you're not a shorter then NO financing deal.
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Announces Up To C$2 Million Financing
Friday June 6, 9:27 am ET
BLAINE, WA, June 6 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company will complete a non-brokered private placement of up to 2,500,000 Units at a subscription price of C$0.80 per Unit for gross proceeds of C$2.0 million. Each Unit will comprise one Common Share and One-Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to purchase an additional Common Share at an exercise price of C$1.00 per share for a period of 18 months. The proceeds from the unit offering will be used on the Company's Pine Point zinc-lead project in the Northwest Territories and for general corporate purposes.
For introducing certain investors to the Company, the Company will pay a 6% cash finder's fee paid by the issuance of 150,000 Units. Each Unit will have the same terms and conditions as the Units mentioned above.
Tamerlane also announced that it is currently in negotiations for a $40 million mezzanine financing facility and a smelter off-take agreement for the Pine Point Project with the participants of the private placement described above. These negotiations are part of Tamerlane's strategy to secure a total financing package for Pine Point on attractive commercial terms.
All of the securities issued in this private placement will be subject to a four-month hold period. The transaction is expected to close within the next 5 days.
"Ross F. Burns"
President & CEO
Tamerlane Announces Up To C$2 Million Financing
Friday June 6, 9:27 am ET
BLAINE, WA, June 6 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company will complete a non-brokered private placement of up to 2,500,000 Units at a subscription price of C$0.80 per Unit for gross proceeds of C$2.0 million. Each Unit will comprise one Common Share and One-Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to purchase an additional Common Share at an exercise price of C$1.00 per share for a period of 18 months. The proceeds from the unit offering will be used on the Company's Pine Point zinc-lead project in the Northwest Territories and for general corporate purposes.
For introducing certain investors to the Company, the Company will pay a 6% cash finder's fee paid by the issuance of 150,000 Units. Each Unit will have the same terms and conditions as the Units mentioned above.
Tamerlane also announced that it is currently in negotiations for a $40 million mezzanine financing facility and a smelter off-take agreement for the Pine Point Project with the participants of the private placement described above. These negotiations are part of Tamerlane's strategy to secure a total financing package for Pine Point on attractive commercial terms.
All of the securities issued in this private placement will be subject to a four-month hold period. The transaction is expected to close within the next 5 days.
"Ross F. Burns"
President & CEO
Antwort auf Beitrag Nr.: 34.255.368 von MONSIEURCB am 06.06.08 15:50:55Tamerlane also announced that it is currently in negotiations for a $40 million mezzanine financing facility and a smelter off-take agreement for the Pine Point Project
Wieso reagiert der Kurs darauf nicht? Okay, die Metallpreise sind im Moment nicht so prickelnd und die Kosten laufen davon, aber wenn Pine Point fremdfinanziert wird, dann gehen wir fast ohne weitere Verwässerung in Produktion. Oder übersehe ich hier etwas?
Wieso reagiert der Kurs darauf nicht? Okay, die Metallpreise sind im Moment nicht so prickelnd und die Kosten laufen davon, aber wenn Pine Point fremdfinanziert wird, dann gehen wir fast ohne weitere Verwässerung in Produktion. Oder übersehe ich hier etwas?
Antwort auf Beitrag Nr.: 34.259.044 von noch-n-zocker am 07.06.08 00:03:45Die Verhandlungen sind ja noch nicht abgeschlossen. Außerdem dürfte sich die ursprünglich auf 93 Mio. Can$ geschätzte Capex eher erhöht haben, die 40 Mio. reichen also nicht.
Auch lassen die derzeit niedrigen Blei- u. Zinkpreise eine günstige Finanzierung nicht wahrscheinlicher werden. Das wird viele Investoren abschrecken. Die Finanzierung ist meiner Ansicht nach der größte Unsicherheitsfaktor.
Impulse für den Kurs erwarte ich von der abschließenden Genehmigung, der überarbeiteten BFS und den Finanzierungskonditionen. Evtl. gibts zwischendurch auch noch gute Bohrergebnisse.
Auch lassen die derzeit niedrigen Blei- u. Zinkpreise eine günstige Finanzierung nicht wahrscheinlicher werden. Das wird viele Investoren abschrecken. Die Finanzierung ist meiner Ansicht nach der größte Unsicherheitsfaktor.
Impulse für den Kurs erwarte ich von der abschließenden Genehmigung, der überarbeiteten BFS und den Finanzierungskonditionen. Evtl. gibts zwischendurch auch noch gute Bohrergebnisse.
Antwort auf Beitrag Nr.: 34.259.263 von Trockentrader am 07.06.08 02:17:51die 40 Mio. reichen also nicht.
Es geht ja um 40 Mio. plus Off-take. Außerdem wird sich der potenzielle Investor wohl kaum am Placement beteiligen, wenn noch größere Zweifel an der Finanzierung bestehen.
Du hast aber sicherlich damit recht, dass die niedrigen Metallpreise unschön sind und sich natürlich auch negativ auf die Off-Take Verhandlungen auswirken.
Es geht ja um 40 Mio. plus Off-take. Außerdem wird sich der potenzielle Investor wohl kaum am Placement beteiligen, wenn noch größere Zweifel an der Finanzierung bestehen.
Du hast aber sicherlich damit recht, dass die niedrigen Metallpreise unschön sind und sich natürlich auch negativ auf die Off-Take Verhandlungen auswirken.
Antwort auf Beitrag Nr.: 34.260.267 von noch-n-zocker am 07.06.08 12:38:06Die Finanzierung erscheint mir schon sicher, da hatte ich mich vorher vielleicht missverständlich ausgedrückt.
Unsicher sind deren Konditionen. Da noch niemand weiss ob es eine (für die Aktionäre) gute oder schlechte Finanzierung wird reagiert der Kurs auch nicht.
Unsicher sind deren Konditionen. Da noch niemand weiss ob es eine (für die Aktionäre) gute oder schlechte Finanzierung wird reagiert der Kurs auch nicht.
Jaa. Tam bluted bei 0.67. Das ist die letzte unterstutzung. Dann sollte es kraeftig nach unten ziehen.
Möchte mal wissen, was daran so toll is
Hab gerade nochmal nachgekauft und kann hier den Abwärtsflug nicht wirklich nachvollziehen. Unsicherheiten über eine Finanzierung gibt es überall..
TAM hat aber im Gegensatz zu sehr vielen anderen Explorern (mit deutlich besseren Kursverläufen) bereits eine bankfähige Machbarkeitsstudie und soweit ich weiß alle Genehmigungen im Sack. Die DFS weist sehr gute Prognosen/Gewinnerwartungen auf, selbst bei derzeit miesen Preisen für Blei und Zink bleibt da noch ausreichend über.
==> "Operating cash costs per payable pound of metal (total lead and zinc) for R-190 mining operations are $0.20/lb."
==> IRR: 51% (Kapitalrückzahlung in <2Jahren)
==> Produktion schon 2009, in 2010 mit mutmaßlichem Umsatz von knapp 200 Mio USD (bei derzeitigen Preisen ca. 140 Mio USD)
Das haben nicht wirklich viele Explorer zu bieten. Finanzierungsunsicherheiten hin oder her, faktisch ist der Absturz sicher nicht belegt. Auch wenn Blei und Zink gerade mächtig "out" sind, die Assets und die zu erwartenden Gewinne sind es nicht.
Naja egal, spätestens wenn die Finanzierung steht und die Preise korrigieren dürfte das hier anders aussehen
Hab gerade nochmal nachgekauft und kann hier den Abwärtsflug nicht wirklich nachvollziehen. Unsicherheiten über eine Finanzierung gibt es überall..
TAM hat aber im Gegensatz zu sehr vielen anderen Explorern (mit deutlich besseren Kursverläufen) bereits eine bankfähige Machbarkeitsstudie und soweit ich weiß alle Genehmigungen im Sack. Die DFS weist sehr gute Prognosen/Gewinnerwartungen auf, selbst bei derzeit miesen Preisen für Blei und Zink bleibt da noch ausreichend über.
==> "Operating cash costs per payable pound of metal (total lead and zinc) for R-190 mining operations are $0.20/lb."
==> IRR: 51% (Kapitalrückzahlung in <2Jahren)
==> Produktion schon 2009, in 2010 mit mutmaßlichem Umsatz von knapp 200 Mio USD (bei derzeitigen Preisen ca. 140 Mio USD)
Das haben nicht wirklich viele Explorer zu bieten. Finanzierungsunsicherheiten hin oder her, faktisch ist der Absturz sicher nicht belegt. Auch wenn Blei und Zink gerade mächtig "out" sind, die Assets und die zu erwartenden Gewinne sind es nicht.
Naja egal, spätestens wenn die Finanzierung steht und die Preise korrigieren dürfte das hier anders aussehen
Antwort auf Beitrag Nr.: 34.277.778 von HouseMD am 10.06.08 22:43:16bluted mit d ist auch nicht schlecht
Wirklich nichts tolles HouseMD. Heute schon 0.58 CAD. Panic ist das richtige Wort hier.
Antwort auf Beitrag Nr.: 34.283.453 von recession am 11.06.08 17:39:53Panik? Warum?
Antwort auf Beitrag Nr.: 34.283.453 von recession am 11.06.08 17:39:53Natürlich sind das gute Daten von guten Assets, vergleich doch mal die Fakten mit anderen Explorern. Zu ner Panik gehört immer auch ein Anlass.. und den sehe ich nicht.
Die Preise haben übertrieben (wie immer) nach unten korrigiert, zuvor das selbe Spiel nach oben. Die Lagerbestände von Zink und Blei mögen ansteigen, auch mag die Nachfrage wegen schwächelnder Automobilbranche (Kfz-Batterien) stagnieren - die Preise werden sich trotzdem wieder einpendeln. Die Momentaufnahme sagt sicher nichts über die Effiziens von TAM in den nächsten 10 Jahren aus...
Übrigens 0,70 CAD Schlußkurs
Die Preise haben übertrieben (wie immer) nach unten korrigiert, zuvor das selbe Spiel nach oben. Die Lagerbestände von Zink und Blei mögen ansteigen, auch mag die Nachfrage wegen schwächelnder Automobilbranche (Kfz-Batterien) stagnieren - die Preise werden sich trotzdem wieder einpendeln. Die Momentaufnahme sagt sicher nichts über die Effiziens von TAM in den nächsten 10 Jahren aus...
Übrigens 0,70 CAD Schlußkurs
Wieso 0.7 CAD? In yahoo finance zeigt es 0.66 CAD. Ist doch unterschied.
Press Release
Source: Tamerlane Ventures Inc.
Tamerlane Intersects 35.3% Combined Lead-Zinc Over 110 Feet (36 Meters)Thursday June 12, 10:03 am ET
BLAINE, WA, June 12 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has intersected extensive high-grade lead-zinc mineralization at the Company's Pine Point property, located in the Northwest Territories, Canada.
The assay results announced today are in addition to the Company's 2008 drilling program. Based on recommendations from Pincock, Allen and Holt, a total of 4 holes were drilled at the R190 deposit. Tamerlane had originally intended to drill a single shaft condemnation hole at R190, but used the opportunity to drill an additional 3 confirmation holes (TV11, TV12 and TV13) to provide further confirmation of core recoveries. The recovery results were positive, showing 86% recovery in the ore zones and an average of 91% overall. Samples and data collected from these holes will be used to further optimize metallurgical recovery rates for mining operations. A fourth hole was drilled at R190 as a condemnation to ensure that the shaft does not intersect the mineralized zone and to confirm competency of ground conditions for the shaft. The fourth hole confirmed the expected ground conditions and demonstrated the ability of the basal dolomitic sandstone to prevent water inflows. This is notable because this dolomite will form the bottom of the freeze perimeter.
Drill hole R190-TV13 returned a significant 155-foot true vertical thickness of 26.3% combined lead and zinc, including an interval of 110 feet of 35.3% lead and zinc. The results from today's announcement are summarized below:
The results shown above for Deposit R190 include 21 sections (totaling 105 feet) where zinc was reported greater than 30%, and an additional 3 sections (totaling 14.5 feet) where lead was reported greater than 30%. An assay technique designed to accurately measure high grade ore is currently underway to establish the precise grade of these sections. 30% was used in this report for all sections where lead or zinc reported greater than 30%.
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, M.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
"Ross F. Burns"
President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this press
release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
For further information
Brent Jones, Manager of Investor Relations, E-mail: bjones@tamerlaneventures.com, Phone: (360) 332-4653, Fax: (360) 332-4652, Website: www.tamerlaneventures.com
http://biz.yahoo.com/cnw/080612/tamerlane_pine_point.html?.v…
Source: Tamerlane Ventures Inc.
Tamerlane Intersects 35.3% Combined Lead-Zinc Over 110 Feet (36 Meters)Thursday June 12, 10:03 am ET
BLAINE, WA, June 12 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has intersected extensive high-grade lead-zinc mineralization at the Company's Pine Point property, located in the Northwest Territories, Canada.
The assay results announced today are in addition to the Company's 2008 drilling program. Based on recommendations from Pincock, Allen and Holt, a total of 4 holes were drilled at the R190 deposit. Tamerlane had originally intended to drill a single shaft condemnation hole at R190, but used the opportunity to drill an additional 3 confirmation holes (TV11, TV12 and TV13) to provide further confirmation of core recoveries. The recovery results were positive, showing 86% recovery in the ore zones and an average of 91% overall. Samples and data collected from these holes will be used to further optimize metallurgical recovery rates for mining operations. A fourth hole was drilled at R190 as a condemnation to ensure that the shaft does not intersect the mineralized zone and to confirm competency of ground conditions for the shaft. The fourth hole confirmed the expected ground conditions and demonstrated the ability of the basal dolomitic sandstone to prevent water inflows. This is notable because this dolomite will form the bottom of the freeze perimeter.
Drill hole R190-TV13 returned a significant 155-foot true vertical thickness of 26.3% combined lead and zinc, including an interval of 110 feet of 35.3% lead and zinc. The results from today's announcement are summarized below:
Deposit R190
-------------------------------------------------------------------------
Interval (Feet) Thickness True Average
Drill Hole --------------- ------------- Thickness ---------- Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
451 463 12 3.7 11 0.6 5.6 6.2
------------------------------------------------------------
467 502 35 10.7 31 10.3 14.8 25.1
R190-TV11 ------------------------------------------------------------
529 582 53 16.2 47 26.9 14.3 41.2
------------------------------------------------------------
592 628 34 10.4 31 15.1 7.6 22.7
-------------------------------------------------------------------------
R190-TV12 427 560 133 40.5 128 9.7 6.8 16.4
-------------------------------------------------------------------------
Containing: 445 537 92 28.0 88 13.6 8.9 22.5
-------------------------------------------------------------------------
R190-TV13 437 607 170 51.8 155 17.1 9.2 26.3
-------------------------------------------------------------------------
Containing: 487 607 120 36.6 110 23.8 11.5 35.3
-------------------------------------------------------------------------
R190-TV11 was drilled at -64degrees; R190-TV12: -74degrees;
R190-TV13: -66degrees
The results shown above for Deposit R190 include 21 sections (totaling 105 feet) where zinc was reported greater than 30%, and an additional 3 sections (totaling 14.5 feet) where lead was reported greater than 30%. An assay technique designed to accurately measure high grade ore is currently underway to establish the precise grade of these sections. 30% was used in this report for all sections where lead or zinc reported greater than 30%.
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, M.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
"Ross F. Burns"
President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this press
release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
For further information
Brent Jones, Manager of Investor Relations, E-mail: bjones@tamerlaneventures.com, Phone: (360) 332-4653, Fax: (360) 332-4652, Website: www.tamerlaneventures.com
http://biz.yahoo.com/cnw/080612/tamerlane_pine_point.html?.v…
+ Produktionsbeginn bereits in 2009 (in ca. einem Jahr)
+ Nachgewiesene Ressourcen nach NI
+ High Grades (Zink und Blei)
+ Erfahrenes Management
+ Bankfähige Machbarkeitsstudie fertig
+ Infrastruktur weitgehend vorhanden
+ Minengenehmigungen seitens der Behörden liegen vor
+ Kein Länderrisiko (für die Mine in Kanada)
+ Das Kupferprojekt in Peru bringt in 4 Jahren voraussichtlich zusätzlichen cashflow
Fazit: Sobald die Finanzierung klar ist, sollte der Kurs wieder deutlich steigen!
IMHO - Tommy
+ Nachgewiesene Ressourcen nach NI
+ High Grades (Zink und Blei)
+ Erfahrenes Management
+ Bankfähige Machbarkeitsstudie fertig
+ Infrastruktur weitgehend vorhanden
+ Minengenehmigungen seitens der Behörden liegen vor
+ Kein Länderrisiko (für die Mine in Kanada)
+ Das Kupferprojekt in Peru bringt in 4 Jahren voraussichtlich zusätzlichen cashflow
Fazit: Sobald die Finanzierung klar ist, sollte der Kurs wieder deutlich steigen!
IMHO - Tommy
Antwort auf Beitrag Nr.: 34.291.185 von tommy-hl am 12.06.08 16:39:50In einigen amerikanischen/kanadischen Threads wurde vereinzelt befürchtet, daß duch die stark fallenden Zink/Blei Preise eine wirtschaftliche Produktion bei TAM in Frage gestellt ist.
Siehst Du dies als Angstmache oder besteht bei weiter stark fallenden Zink/Blei Preisen doch die potenzielle Gefahr, daß TAM langfristig nicht gewinnbringend produzieren kann?
Auch wurde Chairman Margaret Kent als unseriös kritisiert. Wie ist Deine Meinung hierzu?
Siehst Du dies als Angstmache oder besteht bei weiter stark fallenden Zink/Blei Preisen doch die potenzielle Gefahr, daß TAM langfristig nicht gewinnbringend produzieren kann?
Auch wurde Chairman Margaret Kent als unseriös kritisiert. Wie ist Deine Meinung hierzu?
Antwort auf Beitrag Nr.: 34.291.380 von Zauberwind am 12.06.08 16:59:15Margaret M. Kent, B.Sc., M.Sc. - Chairman
Ms. Kent has founded, financed and operated two publicly traded mining companies and four private companies, and has completed a number of mergers and acquisitions. She has raised over $1 billion in the U.S. and Canadian public and private equity and debt markets to fund the acquisition and development of mining projects.
Eine Frau, die bereits an Finanzierungen von mehr als eine Milliarde Dollar für US- und CAN-Firmen beteiligt war, würde ich nicht als unseriös bezeichen. Soweit ich ihren Werdegang in Erinnerung habe, ist sie Expertin in Sachen Kredit/Finanzierungen.
Der Preisverfall für Blei und Zink hat irgendwann sein natürliches Ende:
Wenn nämlich der "break even" nach unten durchbrochen wird. Das ist ein Preisniveau, wo die Mehrzahl der Produzenten nicht mehr rentabel arbeiten kann. Hier entscheiden die "grades", also die Mineralisierungsgrade. Und die sind bei Tamerlane hervorragend!
Metallpreise entwickeln sich zyklisch: Nach jedem Abwärtstrend folgt auch wieder ein Aufwärtstrend. Wenn TAM in 2009 mit der Produktion anfängt, können schon wieder höhere Preise aktuell sein.
TAM hat m. E. weiterhin sehr gute Chancen und bleibt auch in meinem Tenbagger-Musterdepot. Explorer sind nun mal sehr volatil und die Unsicherheit der noch ausstehenden Finanzierungszusage gemischt mit fallenden Metallpreisen führte dazu, dass einige Anleger das "Handtuch geworfen haben". Sobald die Finanzierung steht, kommt wieder mehr Sicherheit ins Spiel. Alles eine Frage der Zeit.
Ich überlege sogar noch einmal nachzukaufen, werde mal ein paar Tage abwarten, was der Kurs so macht ...
Tommy
Ms. Kent has founded, financed and operated two publicly traded mining companies and four private companies, and has completed a number of mergers and acquisitions. She has raised over $1 billion in the U.S. and Canadian public and private equity and debt markets to fund the acquisition and development of mining projects.
Eine Frau, die bereits an Finanzierungen von mehr als eine Milliarde Dollar für US- und CAN-Firmen beteiligt war, würde ich nicht als unseriös bezeichen. Soweit ich ihren Werdegang in Erinnerung habe, ist sie Expertin in Sachen Kredit/Finanzierungen.
Der Preisverfall für Blei und Zink hat irgendwann sein natürliches Ende:
Wenn nämlich der "break even" nach unten durchbrochen wird. Das ist ein Preisniveau, wo die Mehrzahl der Produzenten nicht mehr rentabel arbeiten kann. Hier entscheiden die "grades", also die Mineralisierungsgrade. Und die sind bei Tamerlane hervorragend!
Metallpreise entwickeln sich zyklisch: Nach jedem Abwärtstrend folgt auch wieder ein Aufwärtstrend. Wenn TAM in 2009 mit der Produktion anfängt, können schon wieder höhere Preise aktuell sein.
TAM hat m. E. weiterhin sehr gute Chancen und bleibt auch in meinem Tenbagger-Musterdepot. Explorer sind nun mal sehr volatil und die Unsicherheit der noch ausstehenden Finanzierungszusage gemischt mit fallenden Metallpreisen führte dazu, dass einige Anleger das "Handtuch geworfen haben". Sobald die Finanzierung steht, kommt wieder mehr Sicherheit ins Spiel. Alles eine Frage der Zeit.
Ich überlege sogar noch einmal nachzukaufen, werde mal ein paar Tage abwarten, was der Kurs so macht ...
Tommy
Mit Nachkaufen habe ich doch ueberlegt. Die letzten Bohrergebnise haben zu Aktien Preis nichts beigefuegt, der wieder abgerutscht ist. Das haengt eindeutlich mit niedrigen Zink Preisen zusammen, die mitlerweile fast bei 0.8 abgerutscht sind (besonders in letzten Monat). Wenn ich so Zinc Preisen chart anguecke sollte doch bald ein kurzfristiges rebound geben. Prognosen? Wie soll es weiter gehen mit Zink Preisen? So viel ich gehoert habe 0.8 ist die Grenze - danach TAM ist nicht mehr profitabel oder irre ich mich? 2005 Jahr Niveau war etwa 0.5. Aber diesen Preis kann doch keiner mehr mitziehen weil energie Preise eher steigen und Kosten auch. Das sieht ganz absurd aus mit dem Zink.
Hab´s mal ausgerechnet (Dank Hilfe von tommy):
Bis etwa $0,50/lb bleibt TAM (inkl. Zinsen, Capex, etc.) profitabel, darunter würde man beilegen. Parameter zur Finazierung und Capex wurden dabei konservativ geschätzt.
Der aktuelle Preis ist sicherlich auch ein typisches Opfer der allseits bekannten Übertreibung in beide Richtungen (-50% bei Blei innerhalb von 4 Monaten!). Die Lagerbestände sind historisch immer noch recht gering, laut einer Meldung vom Mai/08 liegt für Zink im ersten Quartal aber ein deutlicher Angebotsüberschuß vor (größer als 2007 gesamt) - bei Blei sieht es ähnlich aus. Für 2008/2009 geht man wohl davon aus, dass ein Überschuß bestehen bleibt.
Der Anstieg war in den dauernd sinkenden, geringen Lagerbeständen begründet - der Verfall im derzeitigem Überschuß. Und schon ist die Fantasie weg und das Zeug wird fallengelassen wir heiße Kartoffeln.
Bis zum Produktionsbeginn in einem Jahr dürfte sich das Bild wieder etwas ändern, so dass ich nicht von einer Gefahr für die Profitabilität ausgehe. Kritisch ist hier eher, ob Investoren eine günstige Prognosen akzeptieren oder wegen der aktuellen Preise Probleme mit Krediten und einer Kapitalerhöhung (starke Verwässerung des Kurses) entstehen.
Und eben diese Unsicherheit dürfte zum Kursverfall bei TAM geführt habe. Auch wenn Explorer gerade schwere Zeiten erleben, müsste TAM normalerweise Dank fertiger DFS in eine Aufwärtsphase kommen (wie vergleichbare Unternehmen).
Tja, spekulativ gesehen bringt uns der gefallene Kurs natürlich enorme Hebel für einen Einstieg oder Nachkauf. Die Aussichten für TAM bei Preisen von z.b. $1,20/lb sind ebenso fantastisch wie die besagten Risiken - man braucht nur Geduld und etwas Zuversicht.
Bis etwa $0,50/lb bleibt TAM (inkl. Zinsen, Capex, etc.) profitabel, darunter würde man beilegen. Parameter zur Finazierung und Capex wurden dabei konservativ geschätzt.
Der aktuelle Preis ist sicherlich auch ein typisches Opfer der allseits bekannten Übertreibung in beide Richtungen (-50% bei Blei innerhalb von 4 Monaten!). Die Lagerbestände sind historisch immer noch recht gering, laut einer Meldung vom Mai/08 liegt für Zink im ersten Quartal aber ein deutlicher Angebotsüberschuß vor (größer als 2007 gesamt) - bei Blei sieht es ähnlich aus. Für 2008/2009 geht man wohl davon aus, dass ein Überschuß bestehen bleibt.
Der Anstieg war in den dauernd sinkenden, geringen Lagerbeständen begründet - der Verfall im derzeitigem Überschuß. Und schon ist die Fantasie weg und das Zeug wird fallengelassen wir heiße Kartoffeln.
Bis zum Produktionsbeginn in einem Jahr dürfte sich das Bild wieder etwas ändern, so dass ich nicht von einer Gefahr für die Profitabilität ausgehe. Kritisch ist hier eher, ob Investoren eine günstige Prognosen akzeptieren oder wegen der aktuellen Preise Probleme mit Krediten und einer Kapitalerhöhung (starke Verwässerung des Kurses) entstehen.
Und eben diese Unsicherheit dürfte zum Kursverfall bei TAM geführt habe. Auch wenn Explorer gerade schwere Zeiten erleben, müsste TAM normalerweise Dank fertiger DFS in eine Aufwärtsphase kommen (wie vergleichbare Unternehmen).
Tja, spekulativ gesehen bringt uns der gefallene Kurs natürlich enorme Hebel für einen Einstieg oder Nachkauf. Die Aussichten für TAM bei Preisen von z.b. $1,20/lb sind ebenso fantastisch wie die besagten Risiken - man braucht nur Geduld und etwas Zuversicht.
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Announces Project Update For Pine Point
Monday June 16, 10:33 am ET
- Company updates status of financing and Mackenzie Valley Land and Water Board work plan for water licensing and land use permits -
BLAINE, WA, June 16 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that the Company has received from the Mackenzie Valley Land and Water Board (MVLWB) a detailed work plan and schedule for the issue of land and water use permits for the Company's Pine Point zinc-lead project, located in the Northwest Territories, Canada. Tamerlane also provided an update on the status of project financing for Pine Point.
Project Financing
-----------------
As previously announced, Tamerlane has signed an agreement with MRI Trading AG for a mezzanine debt financing facility of US$40 million, which will be used for construction and development of the Pine Point Project. The mezzanine facility with MRI is a major component of the project financing for Pine Point. The facility will be linked to a smelter off take contract and payment for concentrates at the railhead; eliminating the need for a large working capital facility. MRI is a top-tier trader of concentrates and other non-ferrous raw materials. It is part of the MRI Group of companies, a leading investment and commodities trading group, with a global presence through its offices in Beijing and Shanghai, Santiago de Chile, Lubumbashi, Johannesburg, New Delhi and Brisbane.
Tamerlane will be announcing the senior secured portion of the financing package as soon as the Pincock, Allen and Holt overwrite of the Company's updated feasibility study is complete.
Permitting Process
------------------
According to the work plan published by the MVLWB, a Board decision regarding the Land Use Permit, which is required to begin construction and development at Pine Point, may be issued on July 31, 2008. This is a significant development in the overall project because once the Land Use Permit is issued construction and development can commence immediately.
Regarding the Water License necessary to begin mining operations, the MVLWB schedule indicates a final Board decision in November 2008, followed by a 30 - 60 day Federal Minister approval process.
Upon receipt of the MVLWB work schedule, Tamerlane expressed appreciation to the MVLWB Board Members for the timely order of events outlined in the schedule, and reiterated the Company's eagerness to cooperate fully with the Board and all other stakeholders to ensure a complete and thorough licensing process.
"Ross F. Burns"
President & CEO
Tamerlane Announces Project Update For Pine Point
Monday June 16, 10:33 am ET
- Company updates status of financing and Mackenzie Valley Land and Water Board work plan for water licensing and land use permits -
BLAINE, WA, June 16 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that the Company has received from the Mackenzie Valley Land and Water Board (MVLWB) a detailed work plan and schedule for the issue of land and water use permits for the Company's Pine Point zinc-lead project, located in the Northwest Territories, Canada. Tamerlane also provided an update on the status of project financing for Pine Point.
Project Financing
-----------------
As previously announced, Tamerlane has signed an agreement with MRI Trading AG for a mezzanine debt financing facility of US$40 million, which will be used for construction and development of the Pine Point Project. The mezzanine facility with MRI is a major component of the project financing for Pine Point. The facility will be linked to a smelter off take contract and payment for concentrates at the railhead; eliminating the need for a large working capital facility. MRI is a top-tier trader of concentrates and other non-ferrous raw materials. It is part of the MRI Group of companies, a leading investment and commodities trading group, with a global presence through its offices in Beijing and Shanghai, Santiago de Chile, Lubumbashi, Johannesburg, New Delhi and Brisbane.
Tamerlane will be announcing the senior secured portion of the financing package as soon as the Pincock, Allen and Holt overwrite of the Company's updated feasibility study is complete.
Permitting Process
------------------
According to the work plan published by the MVLWB, a Board decision regarding the Land Use Permit, which is required to begin construction and development at Pine Point, may be issued on July 31, 2008. This is a significant development in the overall project because once the Land Use Permit is issued construction and development can commence immediately.
Regarding the Water License necessary to begin mining operations, the MVLWB schedule indicates a final Board decision in November 2008, followed by a 30 - 60 day Federal Minister approval process.
Upon receipt of the MVLWB work schedule, Tamerlane expressed appreciation to the MVLWB Board Members for the timely order of events outlined in the schedule, and reiterated the Company's eagerness to cooperate fully with the Board and all other stakeholders to ensure a complete and thorough licensing process.
"Ross F. Burns"
President & CEO
Auch wenn die Details noch unbekannt sind, so ist doch immerhin schon der erste Teil der Finanzierung unter Dach und Fach - wichtig.
Wobei ich vermute, dass die News derzeit nicht besonders viel bewegen wird... dazu benötigen wir erstmal ein Signal von der Blei&Zink Preisfront.
Wobei ich vermute, dass die News derzeit nicht besonders viel bewegen wird... dazu benötigen wir erstmal ein Signal von der Blei&Zink Preisfront.
Antwort auf Beitrag Nr.: 34.312.008 von HouseMD am 16.06.08 19:24:04Sehe ich auch so. Sogar gute Nachrichten konnen bei sinkenden Blei/Zink preisen Tam nicht nach oben helfen. Nur wenn diese Metal Preise nach oben gehen wird das auf Aktien Preiss bewirken. Das haben ja wir mit letzten Nachrichten auch erlebt. Eine positive Seite sehe ich da, weil diese news flow in der letzten zeit hat geholfen noch nicht tiefer abzurutschen. Zum glueck - weiss nicht warum , aber in letzter trading Minute Aktie springt um einige % nach oben (wie heute). Das hilft uns immer so den widerstand 0.67 CAD zu verteidigen. Ich bin sicher Zink/Blei Preise werden kurzfristig erholen nach so einen Rutsch waere das normale Reaktion. Dann sollte Tam das Nieveau 0.8-0.9 erreichen.
June 18, 2008
Oz Minerals expects zinc prices to rise
Oz Minerals, the world's second-largest zinc mining company formed by Oxiana's takeover of Zinifex, expects prices of the metal to rebound from 2010 as supplies from mines dwindle.
''Certainly the zinc prices have come off a lot, there is a very bearish view in the market, an anticipated surplus this year and next year,'' Zinifex chief executive Andrew Michelmore said in an interview with Bloomberg Television. ''However, as we look forward there is a shortage of zinc production in 2010, 2011 and we expect a considerable turnaround in prices.''
Zinc has dropped 21% this year with between 15 and 20% of global production now costing above the current zinc price, Credit Suisse analysts said yesterday. Oz Minerals may study acquisitions for as much as $4 billion, including coal, natural gas and hydro power assets.
http://business.theage.com.au
Oz Minerals expects zinc prices to rise
Oz Minerals, the world's second-largest zinc mining company formed by Oxiana's takeover of Zinifex, expects prices of the metal to rebound from 2010 as supplies from mines dwindle.
''Certainly the zinc prices have come off a lot, there is a very bearish view in the market, an anticipated surplus this year and next year,'' Zinifex chief executive Andrew Michelmore said in an interview with Bloomberg Television. ''However, as we look forward there is a shortage of zinc production in 2010, 2011 and we expect a considerable turnaround in prices.''
Zinc has dropped 21% this year with between 15 and 20% of global production now costing above the current zinc price, Credit Suisse analysts said yesterday. Oz Minerals may study acquisitions for as much as $4 billion, including coal, natural gas and hydro power assets.
http://business.theage.com.au
Tja. Das wars. Unterstutzung bei 0.67 cad gebrochen. Wir sehen uns bei 0.45 cad. Wenn wir da ankommen da kaufe ich bischen ein.
Tamerlane Grants Stock Options to Directors
Tuesday, 24 June 2008
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces that on June 12, 2008 the Company granted, subject to the approval of the TSX Venture Exchange, 700,000 stock options to directors of Tamerlane. The stock options are exercisable into common shares of Tamerlane at an exercise price of C$0.70 per share for a period of five years. Tamerlane’s common shares closed at C$0.66 on the TSX Venture Exchange on June 11, 2008. The options granted are part of an annual grant that make up the key component of directors’ annual compensation.
Tamerlane has 46,143,730 common shares issued and outstanding. Under the terms of the Company’s “rolling” Incentive Stock Option Plan a maximum of 4,614,373 shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 700,000 options, a total of 3,582,500 shares have been reserved for issuance pursuant to outstanding option grants. A further 1,031,873 shares are available for issuance pursuant to future option grants at this time.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
E-mail: bjones@tamerlaneventures.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Phone: (360) 332-4653
Fax: (360) 332-4652
Website: www.tamerlaneventures.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
http://www.tamerlaneventures.com/index.php?option=com_conten…
Tuesday, 24 June 2008
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces that on June 12, 2008 the Company granted, subject to the approval of the TSX Venture Exchange, 700,000 stock options to directors of Tamerlane. The stock options are exercisable into common shares of Tamerlane at an exercise price of C$0.70 per share for a period of five years. Tamerlane’s common shares closed at C$0.66 on the TSX Venture Exchange on June 11, 2008. The options granted are part of an annual grant that make up the key component of directors’ annual compensation.
Tamerlane has 46,143,730 common shares issued and outstanding. Under the terms of the Company’s “rolling” Incentive Stock Option Plan a maximum of 4,614,373 shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 700,000 options, a total of 3,582,500 shares have been reserved for issuance pursuant to outstanding option grants. A further 1,031,873 shares are available for issuance pursuant to future option grants at this time.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
E-mail: bjones@tamerlaneventures.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Phone: (360) 332-4653
Fax: (360) 332-4652
Website: www.tamerlaneventures.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
http://www.tamerlaneventures.com/index.php?option=com_conten…
Zink hat heute die 2.000 USD Marke wieder überwunden und steht aktuell über 5% im plus - wenigstens ein kleines Zeichen
Tamerlane Closes C$2 Million Financing
Monday, 30 June 2008
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces today that the Company has closed a non-brokered private placement with MRI Trading AG of 2,500,000 Units at a subscription price of C$0.80 per Unit for gross proceeds of C$2.0 million. Each Unit comprises one Common Share and One-Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant entitles the holder to purchase an additional Common Share at an exercise price of C$1.00 per share for a period of 18 months. The proceeds from the unit offering will be used on the Company’s Pine Point zinc-lead project in the Northwest Territories and for general corporate purposes.
For introducing investors to the Company, the Company paid a 6% cash finder’s fee paid by the issuance of 150,000 Units. Each Unit has the same terms and conditions as the Units mentioned above.
Tamerlane also announced that it is currently in negotiations for a $40 million mezzanine financing facility and a smelter off-take agreement for the Pine Point Project with MRI. These negotiations are part of Tamerlane’s strategy to secure a total financing package for Pine Point on attractive commercial terms. MRI Trading AG is a top-tier trader of concentrates and other non-ferrous raw materials, and is part of the MRI Group of companies, a leading investment and commodities trading group. MRI has a global presence through its offices in Beijing and Shanghai, Santiago de Chile, Lubumbashi, Johannesburg, New Delhi and Brisbane.
All of the securities issued in this private placement will be subject to a four-month hold period.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
E-mail: bjones@tamerlaneventures.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Phone: (360) 332-4653
Fax: (360) 332-4652
Website: www.tamerlaneventures.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
Quelle:
http://www.tamerlaneventures.com/index.php?option=com_conten…
Monday, 30 June 2008
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces today that the Company has closed a non-brokered private placement with MRI Trading AG of 2,500,000 Units at a subscription price of C$0.80 per Unit for gross proceeds of C$2.0 million. Each Unit comprises one Common Share and One-Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant entitles the holder to purchase an additional Common Share at an exercise price of C$1.00 per share for a period of 18 months. The proceeds from the unit offering will be used on the Company’s Pine Point zinc-lead project in the Northwest Territories and for general corporate purposes.
For introducing investors to the Company, the Company paid a 6% cash finder’s fee paid by the issuance of 150,000 Units. Each Unit has the same terms and conditions as the Units mentioned above.
Tamerlane also announced that it is currently in negotiations for a $40 million mezzanine financing facility and a smelter off-take agreement for the Pine Point Project with MRI. These negotiations are part of Tamerlane’s strategy to secure a total financing package for Pine Point on attractive commercial terms. MRI Trading AG is a top-tier trader of concentrates and other non-ferrous raw materials, and is part of the MRI Group of companies, a leading investment and commodities trading group. MRI has a global presence through its offices in Beijing and Shanghai, Santiago de Chile, Lubumbashi, Johannesburg, New Delhi and Brisbane.
All of the securities issued in this private placement will be subject to a four-month hold period.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
E-mail: bjones@tamerlaneventures.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Phone: (360) 332-4653
Fax: (360) 332-4652
Website: www.tamerlaneventures.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
Quelle:
http://www.tamerlaneventures.com/index.php?option=com_conten…
Tamerlane Announces up to C$2.25 Million Financing
Wednesday, 02 July 2008
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company
will complete a non-brokered private placement of up to 3.75 million flow-through Units at a subscription price of C$0.60
per Unit for gross proceeds of approximately C$2.25 million. Each Unit will comprise one Common Share and One-Half
of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to
purchase an additional Common Share at an exercise price of C$0.80 per share for a period of 18 months. The proceeds
from the unit offering will be used to fund additional surface drilling at the Pine Point Lead-Zinc Project in the Northwest
Territories.
For introducing certain investors to the Company, the Company will pay a 7% cash finder’s fee and will issue
broker warrants equal to 5% of the number of Units issued to those investors. Each warrant will be exercisable at a price
of C$0.60 for a period of 18 months.
All of the securities issued in this private placement will be subject to a four-month hold period. The transaction is
expected to close within the next 45 days.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
E-mail: bjones@tamerlaneventures.com
Phone: (360) 332-4653
Fax: (360) 332-4652
Website: www.tamerlaneventures.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the
contents of this press release.
Quelle:
http://www.tamerlaneventures.com/index2.php?option=com_conte…
Wednesday, 02 July 2008
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company
will complete a non-brokered private placement of up to 3.75 million flow-through Units at a subscription price of C$0.60
per Unit for gross proceeds of approximately C$2.25 million. Each Unit will comprise one Common Share and One-Half
of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to
purchase an additional Common Share at an exercise price of C$0.80 per share for a period of 18 months. The proceeds
from the unit offering will be used to fund additional surface drilling at the Pine Point Lead-Zinc Project in the Northwest
Territories.
For introducing certain investors to the Company, the Company will pay a 7% cash finder’s fee and will issue
broker warrants equal to 5% of the number of Units issued to those investors. Each warrant will be exercisable at a price
of C$0.60 for a period of 18 months.
All of the securities issued in this private placement will be subject to a four-month hold period. The transaction is
expected to close within the next 45 days.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
E-mail: bjones@tamerlaneventures.com
Phone: (360) 332-4653
Fax: (360) 332-4652
Website: www.tamerlaneventures.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the
contents of this press release.
Quelle:
http://www.tamerlaneventures.com/index2.php?option=com_conte…
Irgendwie macht Börse keinen Spaß mehr.. alles irrational.
Der Bleipreis liegt schon fast unter dem Produktionspreis und dann kommt heute das:
Realtime
Blei (20:40:06) 1.575,00 -159,00 (-9,17%)
Der Bleipreis liegt schon fast unter dem Produktionspreis und dann kommt heute das:
Realtime
Blei (20:40:06) 1.575,00 -159,00 (-9,17%)
Tamerlane Reports 40.7% Combined Lead-Zinc Over 110 Feet (34 Meters)
Thursday, 10 July 2008
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announced today updated assay results of drill holes that have shown extensive high-grade lead-zinc mineralization at the Company’s Pine Point property, located in the Northwest Territories, Canada.
Today’s updated assay results are from 3 confirmation holes (TV11, TV12 and TV13) drilled at the R190 deposit for the purpose of providing further confirmation of core recoveries. The initial results of these holes were announced on June 12, 2008. However, at that time the results included 21 sections (totaling 105 feet) where zinc was reported greater than 30%, and an additional 3 sections (totaling 14.5 feet) where lead was reported greater than 30%. An assay technique designed to accurately measure high grade ore was subsequently used to establish the precise grade of these sections.
Quelle und updated Overview:
http://www.tamerlaneventures.com/index.php?option=com_conten…
Thursday, 10 July 2008
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announced today updated assay results of drill holes that have shown extensive high-grade lead-zinc mineralization at the Company’s Pine Point property, located in the Northwest Territories, Canada.
Today’s updated assay results are from 3 confirmation holes (TV11, TV12 and TV13) drilled at the R190 deposit for the purpose of providing further confirmation of core recoveries. The initial results of these holes were announced on June 12, 2008. However, at that time the results included 21 sections (totaling 105 feet) where zinc was reported greater than 30%, and an additional 3 sections (totaling 14.5 feet) where lead was reported greater than 30%. An assay technique designed to accurately measure high grade ore was subsequently used to establish the precise grade of these sections.
Quelle und updated Overview:
http://www.tamerlaneventures.com/index.php?option=com_conten…
Nachricht vom 14.07.2008 | 06:20
China kürzt nun auch Zinkproduktion
Leser des Artikels: 266
Um die lokale Zinkindustrie zu schützen, werden zahlreiche Hüttenwerke in China nun ihre Produktion herunter fahren. Dies soll dem Preisverfall entgegen wirken, der auf die Margen drückt.
Die zahlreichen kleinen und mittelgroßen Zink-Hüttenwerke in China sind verantwortlich für rund 30-40% der weltweiten Zinkproduktion. Laut Industriequellen in China haben diese Konzerne nun beschlossen, die Produktion um 10% zu kürzen, um die inländischen Preise zu schützen.
Den Quellen zu Folge kam es am Samstag zu einem Treffen von Unternehmensvertretern in Shanghai. Es gab bereits zahlreiche Gespräche, um den Zinkpreis zu unterstützen und ein Überangebot an Zink zu verhindern. Einige Hüttenwerke haben ihre Auslastungskapazität schon deutlich kürzen müssen, da der Preisverfall die Margen deutlich drückte.
Seit März sanken die Zinkfutures mit 3 Monaten Laufzeit um rund ein Drittel, trotz der Produktionsausfälle aufgrund des verheerenden Erdbebens in Sichuan. Nach Gerüchten über Energieprobleme zogen die Preise in dieser Woche wieder an. Erst vor wenigen Tagen kündigten die größten Aluminiumproduzenten in China an, ihre Produktion ab Juli um 5-10% zu kürzen, um den Energieverbrauch zu senken.
Autor: Werner Rehmet
Quelle:
http://rohstoffe.wallstreet-online.de/nachricht/2457966.html
China kürzt nun auch Zinkproduktion
Leser des Artikels: 266
Um die lokale Zinkindustrie zu schützen, werden zahlreiche Hüttenwerke in China nun ihre Produktion herunter fahren. Dies soll dem Preisverfall entgegen wirken, der auf die Margen drückt.
Die zahlreichen kleinen und mittelgroßen Zink-Hüttenwerke in China sind verantwortlich für rund 30-40% der weltweiten Zinkproduktion. Laut Industriequellen in China haben diese Konzerne nun beschlossen, die Produktion um 10% zu kürzen, um die inländischen Preise zu schützen.
Den Quellen zu Folge kam es am Samstag zu einem Treffen von Unternehmensvertretern in Shanghai. Es gab bereits zahlreiche Gespräche, um den Zinkpreis zu unterstützen und ein Überangebot an Zink zu verhindern. Einige Hüttenwerke haben ihre Auslastungskapazität schon deutlich kürzen müssen, da der Preisverfall die Margen deutlich drückte.
Seit März sanken die Zinkfutures mit 3 Monaten Laufzeit um rund ein Drittel, trotz der Produktionsausfälle aufgrund des verheerenden Erdbebens in Sichuan. Nach Gerüchten über Energieprobleme zogen die Preise in dieser Woche wieder an. Erst vor wenigen Tagen kündigten die größten Aluminiumproduzenten in China an, ihre Produktion ab Juli um 5-10% zu kürzen, um den Energieverbrauch zu senken.
Autor: Werner Rehmet
Quelle:
http://rohstoffe.wallstreet-online.de/nachricht/2457966.html
Nun bald macht Tam Geschichte. Noch 25 % runter und Preiss liegt an 23 jan. Tief 0.4 CAD. Eine auserst Starke Unterstuetzung. Dann macht es Sinn einzusteigen. der Preiss waere dann etwa 1/3 von letzten Hoch in April und 1/8 von ATH. Wenn ich so auf SP zurueckblicke dann vor mehr als 2 Jahren Preiss war sogar 0.2 CAD. Also jetzigen Preise werden viele errinern als einmalige Gelegenheit in Tams Geschichte.
0.4 CAD ist da. Mal sehen wie die Marke haelt. Irgendwie glaube ich es nicht. Wenn die Marke bricht dann werde bei 0.3 oder 0.2 CAD nachkaufen wenns moglichkeit ergibt. jetzt noch nicht. Zu frueh.
Antwort auf Beitrag Nr.: 34.585.103 von recession am 25.07.08 11:05:51Gibt es den hier kein Boden???
Hier mal der Ausblick von Kanada's Haywood Securities vom 22.07.08 für Basismetalle:
ZINC
Haywood noted that the zinc price is below the US$1 per pound level for the first time in three years due to oversupply, which is expected to persist through 2008 and 2009.
"A subsequent reversal is expected during 2010 to 2012, as (1) a number of large zinc mines approach closure or face lower grades (e.g. Brunswick, Antamina, etc.) and (2) the market experiences supply constraint fuelled by a lack of significant new and/or expansion zinc projects in the global pipeline. Additionally, current zinc price weakness threatens (1) potential mine closures and (2) delayed new mine start-ups," the analysis said.
However, Haywood noted that Brook Hunt decreased its 2007 mine production by 506,000 tonnes over the course of the year due to delays relating to financings, permits, and equipment and skilled labor availability. "A similar decrease in 2008 production would shift the anticipated oversupply to deficit."
"We believe that concern regarding decreased zinc demand from a slowdown in the U.S., economy may be overdone," the analysts asserted, "noting that the United States only accounts for about 10% of global demand. Nevertheless, market sentiment has been further affected by recent news that the Chinese government is studying a plan to remove a 5% tax on zinc exports, likely sometime this year. The news has sparked concern that there may be a rush of Chinese zinc exports into the market, sourced from existing stockpiles ahead of the anticipated tax change."
Haywood advised that they anticipate the zinc market will remain weak for the rest of this year and through 2009, averaging US$1/lb. "We expect strength will return to the zinc market in 2010 and have increased our corresponding forecast to US$1.10 per pound that year (from US$1.00 per pound). A zinc market imbalance (supply deficit) is expected to continue into 2011 and 2012, and we have increased our forecast to US$1.20 per pound during these years (from US$1.00 and US$0.75 per pound respectively."
The analysts asserted that at the current zinc price of 80-cents per pound, "many mines are operating near their break-even cash cost and the global average cash cost is likely in the range of US$0.55 to US$0.65 per pound. At current prices, it is difficult for many established producers to generate decent margins, and greenfield projects would need to be low cost in order to justify the capital-expenditures cost and still yield a return on investment."
LEAD
Haywood noted that China still continues to be the main driver of growth in the lead market, and is expected to account for about 50% of refined lead growth this year as new smelters are built and domestic consumption increases. "Lead demand is also expected to remain strong in the near term, with forecasted consumption growth of 11% in 2008."
Nevertheless, the analysts said they expect a lead market surplus through this year and into 2009, noting that lead and zinc are common co-products/by-products from any given mine. "We have, therefore, revised our forecast lead price down to US$1.05 from US$1.20 per pound in 2008 and to US$1.05 from US$1.10 per pound in 2009."
"We expect the balance in the lead market will reverse in 2010 given that there are only a few large lead projects on the drawing board," the analysts added. "We have increased our 2010 and 2011 forecast lead prices to US$1.10 and US$0.80 respectively, declining to a long-term rate of US$0.85 per pound."
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Mit diesen Preisen wird TAM m. M. n. Gewinne erwirtschaften. Der Markt wird das momentane Überangebot korrigieren. Wichtig ist, dass TAM die Finanzierung des Projektes hin bekommt.
Tommy
ZINC
Haywood noted that the zinc price is below the US$1 per pound level for the first time in three years due to oversupply, which is expected to persist through 2008 and 2009.
"A subsequent reversal is expected during 2010 to 2012, as (1) a number of large zinc mines approach closure or face lower grades (e.g. Brunswick, Antamina, etc.) and (2) the market experiences supply constraint fuelled by a lack of significant new and/or expansion zinc projects in the global pipeline. Additionally, current zinc price weakness threatens (1) potential mine closures and (2) delayed new mine start-ups," the analysis said.
However, Haywood noted that Brook Hunt decreased its 2007 mine production by 506,000 tonnes over the course of the year due to delays relating to financings, permits, and equipment and skilled labor availability. "A similar decrease in 2008 production would shift the anticipated oversupply to deficit."
"We believe that concern regarding decreased zinc demand from a slowdown in the U.S., economy may be overdone," the analysts asserted, "noting that the United States only accounts for about 10% of global demand. Nevertheless, market sentiment has been further affected by recent news that the Chinese government is studying a plan to remove a 5% tax on zinc exports, likely sometime this year. The news has sparked concern that there may be a rush of Chinese zinc exports into the market, sourced from existing stockpiles ahead of the anticipated tax change."
Haywood advised that they anticipate the zinc market will remain weak for the rest of this year and through 2009, averaging US$1/lb. "We expect strength will return to the zinc market in 2010 and have increased our corresponding forecast to US$1.10 per pound that year (from US$1.00 per pound). A zinc market imbalance (supply deficit) is expected to continue into 2011 and 2012, and we have increased our forecast to US$1.20 per pound during these years (from US$1.00 and US$0.75 per pound respectively."
The analysts asserted that at the current zinc price of 80-cents per pound, "many mines are operating near their break-even cash cost and the global average cash cost is likely in the range of US$0.55 to US$0.65 per pound. At current prices, it is difficult for many established producers to generate decent margins, and greenfield projects would need to be low cost in order to justify the capital-expenditures cost and still yield a return on investment."
LEAD
Haywood noted that China still continues to be the main driver of growth in the lead market, and is expected to account for about 50% of refined lead growth this year as new smelters are built and domestic consumption increases. "Lead demand is also expected to remain strong in the near term, with forecasted consumption growth of 11% in 2008."
Nevertheless, the analysts said they expect a lead market surplus through this year and into 2009, noting that lead and zinc are common co-products/by-products from any given mine. "We have, therefore, revised our forecast lead price down to US$1.05 from US$1.20 per pound in 2008 and to US$1.05 from US$1.10 per pound in 2009."
"We expect the balance in the lead market will reverse in 2010 given that there are only a few large lead projects on the drawing board," the analysts added. "We have increased our 2010 and 2011 forecast lead prices to US$1.10 and US$0.80 respectively, declining to a long-term rate of US$0.85 per pound."
---------------------------------------------------------------------------------
Mit diesen Preisen wird TAM m. M. n. Gewinne erwirtschaften. Der Markt wird das momentane Überangebot korrigieren. Wichtig ist, dass TAM die Finanzierung des Projektes hin bekommt.
Tommy
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Reports 11.2% Combined Lead-Zinc Over 32 Feet (10 Meters)
Friday July 25, 3:22 pm ET
BLAINE, WA, July 25 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today new assay results of drill holes that confirm historic mineralization of the M67 Deposit, and further high-grade lead-zinc mineralization at the Company's Pine Point property, located in the Northwest Territories, Canada.
Today's assay results are from three holes drilled at the M-67 deposit for the purpose of upgrading known historic resources to NI43-101 measured and indicated resources which can then be used for future feasibility studies. The Pine Point Property's remaining historical(x) resources total 50.9 million tonnes at a grade of 3.84% zinc and 1.24 % lead.
The M-67 Deposit is located along the main trend of the Pine Point District within an area of open pit mining conducted by Cominco from 1965 to 1987. M-67 is a shallow tabular deposit located at depths between 70 and 110 meters. (x)Historic resources indicated a remaining 1.5 million tonnes grading 5.6% zinc and 1.1% lead.
Tabular deposits are among the most common deposit types in the Pine Point District and are deposited in long sinuous karst caverns following underground streams. This style of mineralization has been mined successfully by both open pit and underground methods at Pine Point. Historically, a total of 13,480,900 tonnes grading 5.6% zinc and 1.7% lead have been mined in tabular deposits.
(x)Note: A qualified person has not done sufficient work to classify the
historical estimate as current mineral resources, the issuer is
not treating the historical estimate as current mineral
resources and the historical estimate should not be relied
upon.
The assay results are shown below:
Deposit M67
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average Combined
Drill Hole ------------------------- Thickness ----------------------
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
M67-TV1 250 282 33 9.8 30 8.1 3.1 11.2
-------------------------------------------------------------------------
M67-TV2 290 333 43 13.1 33 3.1 0.4 3.5
-------------------------------------------------------------------------
M67-TV3 316 321 5 1.5 4 23.9 2.9 26.8
-------------------------------------------------------------------------
M67-TV3 348 359 11 3.3 8 10.9 1.7 12.6
-------------------------------------------------------------------------
M67-TV1 was drilled at -68 degrees; M67-TV2 at -50 degrees;
M67-TV3 at -48 degrees
An updated exploration map showing deposit locations and drill targets will be available for viewing on Tamerlane's website at www.tamerlaneventures.com.
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, M.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
Ross Burns, President & CEO, said: "We are extremely pleased with these results because they provide added confidence in the 50 million tonnes of remaining resources currently in the historic resource category."
"Ross F. Burns"
President & CEO
Tamerlane Reports 11.2% Combined Lead-Zinc Over 32 Feet (10 Meters)
Friday July 25, 3:22 pm ET
BLAINE, WA, July 25 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today new assay results of drill holes that confirm historic mineralization of the M67 Deposit, and further high-grade lead-zinc mineralization at the Company's Pine Point property, located in the Northwest Territories, Canada.
Today's assay results are from three holes drilled at the M-67 deposit for the purpose of upgrading known historic resources to NI43-101 measured and indicated resources which can then be used for future feasibility studies. The Pine Point Property's remaining historical(x) resources total 50.9 million tonnes at a grade of 3.84% zinc and 1.24 % lead.
The M-67 Deposit is located along the main trend of the Pine Point District within an area of open pit mining conducted by Cominco from 1965 to 1987. M-67 is a shallow tabular deposit located at depths between 70 and 110 meters. (x)Historic resources indicated a remaining 1.5 million tonnes grading 5.6% zinc and 1.1% lead.
Tabular deposits are among the most common deposit types in the Pine Point District and are deposited in long sinuous karst caverns following underground streams. This style of mineralization has been mined successfully by both open pit and underground methods at Pine Point. Historically, a total of 13,480,900 tonnes grading 5.6% zinc and 1.7% lead have been mined in tabular deposits.
(x)Note: A qualified person has not done sufficient work to classify the
historical estimate as current mineral resources, the issuer is
not treating the historical estimate as current mineral
resources and the historical estimate should not be relied
upon.
The assay results are shown below:
Deposit M67
-------------------------------------------------------------------------
Interval
(Feet) Thickness True Average Combined
Drill Hole ------------------------- Thickness ----------------------
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
M67-TV1 250 282 33 9.8 30 8.1 3.1 11.2
-------------------------------------------------------------------------
M67-TV2 290 333 43 13.1 33 3.1 0.4 3.5
-------------------------------------------------------------------------
M67-TV3 316 321 5 1.5 4 23.9 2.9 26.8
-------------------------------------------------------------------------
M67-TV3 348 359 11 3.3 8 10.9 1.7 12.6
-------------------------------------------------------------------------
M67-TV1 was drilled at -68 degrees; M67-TV2 at -50 degrees;
M67-TV3 at -48 degrees
An updated exploration map showing deposit locations and drill targets will be available for viewing on Tamerlane's website at www.tamerlaneventures.com.
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, M.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
Ross Burns, President & CEO, said: "We are extremely pleased with these results because they provide added confidence in the 50 million tonnes of remaining resources currently in the historic resource category."
"Ross F. Burns"
President & CEO
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Receives Land Use Permit For Its Pine Point Project
Thursday July 31, 9:47 am ET
BLAINE, WA, July 31 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has been issued a Type A Land Use Permit by the Mackenzie Valley Land and Water Board (MVLWB) in accordance with the Mackenzie Valley Resource Management Act.
The MVLWB approved the Land Use Permit for a period of five years commencing July 29, 2008 and expiring July 28, 2013.
With the receipt of this permit, Tamerlane may now begin construction at the Company's Pine Point lead-zinc project, located in the Northwest Territories, Canada.
Initial construction activities will include grading and leveling, drilling and installing freeze holes, installation of a freeze plant, shaft sinking and related shaft infrastructure, surface structures and buildings, and various other activities.
Ross Burns, President & CEO, said: "We are extremely pleased to have been granted our land use permit in such a timely manner. Tamerlane will continue working closely with the MVLWB and other regulatory agencies to obtain its water license and complete the permitting process."
"Ross F. Burns"
President & CEO
Tamerlane Receives Land Use Permit For Its Pine Point Project
Thursday July 31, 9:47 am ET
BLAINE, WA, July 31 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has been issued a Type A Land Use Permit by the Mackenzie Valley Land and Water Board (MVLWB) in accordance with the Mackenzie Valley Resource Management Act.
The MVLWB approved the Land Use Permit for a period of five years commencing July 29, 2008 and expiring July 28, 2013.
With the receipt of this permit, Tamerlane may now begin construction at the Company's Pine Point lead-zinc project, located in the Northwest Territories, Canada.
Initial construction activities will include grading and leveling, drilling and installing freeze holes, installation of a freeze plant, shaft sinking and related shaft infrastructure, surface structures and buildings, and various other activities.
Ross Burns, President & CEO, said: "We are extremely pleased to have been granted our land use permit in such a timely manner. Tamerlane will continue working closely with the MVLWB and other regulatory agencies to obtain its water license and complete the permitting process."
"Ross F. Burns"
President & CEO
Unter "normalen" Umständen sollte die Meldung für ne Verdoppelung des Kurses sorgen. Heutzutage muss man zufrieden sein, wenn wir grün enden
Am 16.06. meldete TAM
According to the work plan published by the MVLWB, a Board decision regarding the Land Use Permit, which is required to begin construction and development at Pine Point, may be issued on July 31, 2008. This is a significant development in the overall project because once the Land Use Permit is issued construction and development can commence immediately.
Regarding the Water License necessary to begin mining operations, the MVLWB schedule indicates a final Board decision in November 2008, followed by a 30 - 60 day Federal Minister approval process.
Auf die MVLWB scheint ja Verlass zu sein und die werden ja wohl nicht heute die Genehmigung zum Bau erteilen um dann in nem Vierteljahr zu sagen "aber Wasser gibt es nicht".
Antwort auf Beitrag Nr.: 34.624.518 von noch-n-zocker am 31.07.08 16:15:02Sind noch zumindest in CA auf dem besten Wege dorthin
Die Genehmigungen werden schon erteilt werden.
Möglicherweise müssen Kleinigkeiten im geplanten Ablauf geändert werden, generell steht dem Abbau m. W. nichts entgegen.
Der derzeitige Blei- und Zinkpreis und damit einhergehend die Unsicherheit um die Finanzierungskonditionen drücken da sicher schon stärker auf den Kurs.
Allerdings sollte die Finanzierung nun langsam stehen und bekanntgegeben werden, schließlich kann die Mine nach Erteilung der Land Permit komplett aufgebaut werden.
Laut meinen Notizen sollten die Finanzierungskonditionen zeitgleich mit der upgedateten FS (ca. Mitte Juni) bekanntgegeben werden. Offensichtlich hakts da irgendwo.
Möglicherweise müssen Kleinigkeiten im geplanten Ablauf geändert werden, generell steht dem Abbau m. W. nichts entgegen.
Der derzeitige Blei- und Zinkpreis und damit einhergehend die Unsicherheit um die Finanzierungskonditionen drücken da sicher schon stärker auf den Kurs.
Allerdings sollte die Finanzierung nun langsam stehen und bekanntgegeben werden, schließlich kann die Mine nach Erteilung der Land Permit komplett aufgebaut werden.
Laut meinen Notizen sollten die Finanzierungskonditionen zeitgleich mit der upgedateten FS (ca. Mitte Juni) bekanntgegeben werden. Offensichtlich hakts da irgendwo.
Servus Zusammen,
dass es zB. von der Arbeit oder auch so von der Übersicht her einfacher ist die Infos zu Tamerlane zu finden, hab ich diese nun auch auf meine Page eingebunden:
http://www.aktien-infos.com/can_detail.html
Viele Grüße
czujackh
dass es zB. von der Arbeit oder auch so von der Übersicht her einfacher ist die Infos zu Tamerlane zu finden, hab ich diese nun auch auf meine Page eingebunden:
http://www.aktien-infos.com/can_detail.html
Viele Grüße
czujackh
Antwort auf Beitrag Nr.: 34.640.208 von czujackh am 04.08.08 09:01:50vielen Dank für die Info und vor allem viel Dank für Deine Mühe/Arbeit
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Announces Flow-Through Unit Financing
Tuesday August 19, 12:49 pm ET
BLAINE, WA, Aug. 19 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company has closed a non-brokered private placement of 500,000 Flow-Through Units at a subscription price of C$0.60 per Flow-Through Unit for gross proceeds of C$300,000. Each Unit comprised one Common Share and One-Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to purchase an additional Common Share at an exercise price of C$0.80 per share for a period of 18 months. The MineralFields group of companies purchased the entire amount of the offering. For introducing certain investors to the Company, the Company paid a 7% cash finder's fee and issued broker warrants equal to 5% of the number of Units issued to those investors. Each warrant will be exercisable into one Common Share at a price of C$0.60 per share for a period of 18 months.
This financing was previously announced on July 2, 2008 when it was anticipated that the Company would raise up to $2.25 million. Due to market conditions the financing was not completed. As a result, the Company announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 4.5 million Flow-Through Units at a subscription price of C$0.45 per Flow-Through Unit for gross proceeds of up to C$2.03 million. Each Unit will comprise one Common Share and One-Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to purchase an additional Common Share at an exercise price of C$0.60 per share for a period of 18 months. For introducing certain investors to the Company, the Company will pay a 7% cash finder's fee and will issue broker warrants equal to 5% of the number of Units issued to those investors. Each warrant will be exercisable into one Common Share at a price of C$0.60 per share for a period of 18 months.
All of the securities issued in these private placements will be subject to a four-month hold period.
The proceeds from the unit offerings will be used to fund additional surface drilling at the Pine Point Zinc-Lead Project in the Northwest Territories.
"Ross F. Burns"
President & CEO
Tamerlane Announces Flow-Through Unit Financing
Tuesday August 19, 12:49 pm ET
BLAINE, WA, Aug. 19 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company has closed a non-brokered private placement of 500,000 Flow-Through Units at a subscription price of C$0.60 per Flow-Through Unit for gross proceeds of C$300,000. Each Unit comprised one Common Share and One-Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to purchase an additional Common Share at an exercise price of C$0.80 per share for a period of 18 months. The MineralFields group of companies purchased the entire amount of the offering. For introducing certain investors to the Company, the Company paid a 7% cash finder's fee and issued broker warrants equal to 5% of the number of Units issued to those investors. Each warrant will be exercisable into one Common Share at a price of C$0.60 per share for a period of 18 months.
This financing was previously announced on July 2, 2008 when it was anticipated that the Company would raise up to $2.25 million. Due to market conditions the financing was not completed. As a result, the Company announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 4.5 million Flow-Through Units at a subscription price of C$0.45 per Flow-Through Unit for gross proceeds of up to C$2.03 million. Each Unit will comprise one Common Share and One-Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to purchase an additional Common Share at an exercise price of C$0.60 per share for a period of 18 months. For introducing certain investors to the Company, the Company will pay a 7% cash finder's fee and will issue broker warrants equal to 5% of the number of Units issued to those investors. Each warrant will be exercisable into one Common Share at a price of C$0.60 per share for a period of 18 months.
All of the securities issued in these private placements will be subject to a four-month hold period.
The proceeds from the unit offerings will be used to fund additional surface drilling at the Pine Point Zinc-Lead Project in the Northwest Territories.
"Ross F. Burns"
President & CEO
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Reports Discovery Of New Mineralized Zone At Pine Point
Wednesday August 20, 10:29 am ET
<< - Exploration drilling confirms new mineralized zone connecting two deposits - >>
BLAINE, WA, Aug. 20 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today new assay results of drill holes that confirm lead-zinc mineralization of an area between the M67 and L65 deposits at the Company's Pine Point property, located in the Northwest Territories, Canada.
Today's assay results are from three holes (TV1, TV2 and TV3) drilled at the L65 deposit and three exploration holes (TV4, TV5 and TV6) drilled between deposits M67 and L65. Today's results are significant because the three exploration holes confirm that there is mineralization over approximately 220 meters between deposit M67 and deposit L65.
The M67 and L65 Deposits are located along the main trend of the Pine Point District within an area of open pit mining conducted by Cominco from 1965 to 1987. These deposits are shallow tabular deposits that may both be future open pit and underground targets.
Tabular deposits are among the most common deposit types in the Pine Point District and are deposited in long sinuous karst caverns following underground streams. This style of mineralization has been mined successfully by both open pit and underground methods at Pine Point. Historically, a total of 13,480,900 tonnes grading 5.6% zinc and 1.7% lead have been mined in tabular deposits.
The assay results are shown below:
Deposit L65
-------------------------------------------------------------------------
Interval
Drill (Feet) Thickness True Average
Hole -------------- -------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
L65-TV1 327 377 50 15.2 36 5.17 0.43 5.60
-------------------------------------------------------------------------
L65-TV1 389 398 9 2.7 6 13.74 1.30 15.04
-------------------------------------------------------------------------
L65-TV2 297 342 45 13.7 32 1.72 0.10 1.82
-------------------------------------------------------------------------
L65-TV2 347 387 40 12.2 28 4.40 0.94 5.34
-------------------------------------------------------------------------
L65-TV3 217 247 30 9.2 29 5.62 1.69 7.31
-------------------------------------------------------------------------
L65-TV3 282 297 15 4.6 14 1.51 0.42 1.93
-------------------------------------------------------------------------
L65-TV4 197 217 20 6.1 20 1.70 0.46 2.15
-------------------------------------------------------------------------
L65-TV4 235 238 3 0.9 3 18.05 1.81 19.86
-------------------------------------------------------------------------
L65-TV5 226 242 16 4.9 16 6.46 1.79 8.26
-------------------------------------------------------------------------
L65-TV6 223 262 39 11.89 39 4.59 1.24 5.83
-------------------------------------------------------------------------
L65-TV1 was drilled at -46degrees; TV2 at -45degrees; TV3 at -76degrees
L65-TV4, TV5 and TV6 were all drilled at -90degrees
Deposit L65
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, P. Geo., M.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
Ross Burns, President & CEO, said: "We are extremely pleased with these results because they provide evidence of previously unknown mineralization. This is a very exciting development in the Pine Point Project, as we believe that the large land position may contain many more exploration targets with excellent potential for mineralization."
"Ross F. Burns"
Tamerlane Reports Discovery Of New Mineralized Zone At Pine Point
Wednesday August 20, 10:29 am ET
<< - Exploration drilling confirms new mineralized zone connecting two deposits - >>
BLAINE, WA, Aug. 20 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today new assay results of drill holes that confirm lead-zinc mineralization of an area between the M67 and L65 deposits at the Company's Pine Point property, located in the Northwest Territories, Canada.
Today's assay results are from three holes (TV1, TV2 and TV3) drilled at the L65 deposit and three exploration holes (TV4, TV5 and TV6) drilled between deposits M67 and L65. Today's results are significant because the three exploration holes confirm that there is mineralization over approximately 220 meters between deposit M67 and deposit L65.
The M67 and L65 Deposits are located along the main trend of the Pine Point District within an area of open pit mining conducted by Cominco from 1965 to 1987. These deposits are shallow tabular deposits that may both be future open pit and underground targets.
Tabular deposits are among the most common deposit types in the Pine Point District and are deposited in long sinuous karst caverns following underground streams. This style of mineralization has been mined successfully by both open pit and underground methods at Pine Point. Historically, a total of 13,480,900 tonnes grading 5.6% zinc and 1.7% lead have been mined in tabular deposits.
The assay results are shown below:
Deposit L65
-------------------------------------------------------------------------
Interval
Drill (Feet) Thickness True Average
Hole -------------- -------------- Thickness ------------ Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
L65-TV1 327 377 50 15.2 36 5.17 0.43 5.60
-------------------------------------------------------------------------
L65-TV1 389 398 9 2.7 6 13.74 1.30 15.04
-------------------------------------------------------------------------
L65-TV2 297 342 45 13.7 32 1.72 0.10 1.82
-------------------------------------------------------------------------
L65-TV2 347 387 40 12.2 28 4.40 0.94 5.34
-------------------------------------------------------------------------
L65-TV3 217 247 30 9.2 29 5.62 1.69 7.31
-------------------------------------------------------------------------
L65-TV3 282 297 15 4.6 14 1.51 0.42 1.93
-------------------------------------------------------------------------
L65-TV4 197 217 20 6.1 20 1.70 0.46 2.15
-------------------------------------------------------------------------
L65-TV4 235 238 3 0.9 3 18.05 1.81 19.86
-------------------------------------------------------------------------
L65-TV5 226 242 16 4.9 16 6.46 1.79 8.26
-------------------------------------------------------------------------
L65-TV6 223 262 39 11.89 39 4.59 1.24 5.83
-------------------------------------------------------------------------
L65-TV1 was drilled at -46degrees; TV2 at -45degrees; TV3 at -76degrees
L65-TV4, TV5 and TV6 were all drilled at -90degrees
Deposit L65
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, P. Geo., M.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
Ross Burns, President & CEO, said: "We are extremely pleased with these results because they provide evidence of previously unknown mineralization. This is a very exciting development in the Pine Point Project, as we believe that the large land position may contain many more exploration targets with excellent potential for mineralization."
"Ross F. Burns"
Langsam wird die Kapitaldecke dünn:
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Reports Financial Results For Three Month Period Ended June 30, 2008
Tuesday September 2, 7:06 pm ET
BLAINE, WA, Sept. 2 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces a net loss of $966,890 or $0.02 per share compared to a net loss of $737,095 or $0.02 per share in the same period in the prior year. The increase in the loss mainly reflects an increase in stock-based compensation expenses in the period this year, which was partially offset by a decrease in office, rent and miscellaneous expenses.
At June 30, 2008 the Company had working capital of $2,010,967 compared to $3,946,874 at December 31, 2007, a decrease of $1,935,907.
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Reports Financial Results For Three Month Period Ended June 30, 2008
Tuesday September 2, 7:06 pm ET
BLAINE, WA, Sept. 2 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces a net loss of $966,890 or $0.02 per share compared to a net loss of $737,095 or $0.02 per share in the same period in the prior year. The increase in the loss mainly reflects an increase in stock-based compensation expenses in the period this year, which was partially offset by a decrease in office, rent and miscellaneous expenses.
At June 30, 2008 the Company had working capital of $2,010,967 compared to $3,946,874 at December 31, 2007, a decrease of $1,935,907.
Duestere Zeit fuer Tam. Keine Finanzen. SP geht in der Keller jeden Tag.
Investment Industry Regulatory Organization of Canada - Trading Halt - Tamerlane Ventures Inc. - TAM
Wednesday September 10, 11:06 am ET
VANCOUVER, Sept. 10 /CNW/ - The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):
Issuer Name: Tamerlane Ventures Inc.
TSX-V Ticker Symbol: TAM
Time of Halt: 10:56 EDT
Reason for Halt: Pending News
For further information
contact - IIROC Inquiries (416) 646-7299 - (x) Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.
Source: Investment Industry Regulatory Organization of Canada (IIROC); Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions
Wednesday September 10, 11:06 am ET
VANCOUVER, Sept. 10 /CNW/ - The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):
Issuer Name: Tamerlane Ventures Inc.
TSX-V Ticker Symbol: TAM
Time of Halt: 10:56 EDT
Reason for Halt: Pending News
For further information
contact - IIROC Inquiries (416) 646-7299 - (x) Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.
Source: Investment Industry Regulatory Organization of Canada (IIROC); Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions
DAS war der Grund:
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Announces Updated NI 43-101 Reserve Report And Bankable Feasibility Study
Wednesday September 10, 1:56 pm ET
- Feasibility study includes R190 and five other deposits at Pine Point -
BLAINE, WA, Sept. 10 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) is pleased to announce the positive results of its bankable Feasibility Study and NI 43-101 Reserve Report for the Pine Point Project (PPP), located in Canada's Northwest Territories. The Feasibility Study was completed by Tamerlane's staff of engineers and geologists, and reviewed by the third party consultants Pincock Allen and Holt (PAH). The updated NI 43-101 reserve and resource report was independently generated by PAH. Mr. Stuart Collins, P.Eng., Mr. Don M. Larsen, Ph.D., P.Eng., and Mr. Barton G. Stone, C.P.G. were the Independent Qualified Persons for the Mining Section review by PAH. The study results show the Pine Point Project is feasible and will provide satisfactory returns with acceptable risk.
The Feasibility Study covers all aspects of infrastructure development, mining and processing. As outlined in the Feasibility Study, Tamerlane will focus first on the R190 deposit, which will utilize a freeze perimeter and other proven technologies for underground mining operations. The Company will then use this infrastructure to access a series of five nearby deposits, which have been upgraded from measured and indicated resources to proven and probable reserve status.
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Announces Updated NI 43-101 Reserve Report And Bankable Feasibility Study
Wednesday September 10, 1:56 pm ET
- Feasibility study includes R190 and five other deposits at Pine Point -
BLAINE, WA, Sept. 10 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) is pleased to announce the positive results of its bankable Feasibility Study and NI 43-101 Reserve Report for the Pine Point Project (PPP), located in Canada's Northwest Territories. The Feasibility Study was completed by Tamerlane's staff of engineers and geologists, and reviewed by the third party consultants Pincock Allen and Holt (PAH). The updated NI 43-101 reserve and resource report was independently generated by PAH. Mr. Stuart Collins, P.Eng., Mr. Don M. Larsen, Ph.D., P.Eng., and Mr. Barton G. Stone, C.P.G. were the Independent Qualified Persons for the Mining Section review by PAH. The study results show the Pine Point Project is feasible and will provide satisfactory returns with acceptable risk.
The Feasibility Study covers all aspects of infrastructure development, mining and processing. As outlined in the Feasibility Study, Tamerlane will focus first on the R190 deposit, which will utilize a freeze perimeter and other proven technologies for underground mining operations. The Company will then use this infrastructure to access a series of five nearby deposits, which have been upgraded from measured and indicated resources to proven and probable reserve status.
Hi alle,
was nützen die schönsten Claims wenn das Cash zur Neige geht.
Als verantwortungsvoller CEO sollte man doch jetzt sehen frisches Cash zu bekommen.
Es stimmt mich nur nachdenklich da ich so absolut nichts darüber finde.
Weiß jemand mehr darüber ???
Dass alle Titel kursmäßig ordentlich verprügelt werden ist Fact, aber Tamrelane schießt mit einem Absturz von rd. 73% seit dem 4.8.2008 ( Kurs € 0,35 ) in meiner watchlist den Vogel ab.
Hoffentlich kommt keine KE bei diesen Bedingungen.
Picker56
was nützen die schönsten Claims wenn das Cash zur Neige geht.
Als verantwortungsvoller CEO sollte man doch jetzt sehen frisches Cash zu bekommen.
Es stimmt mich nur nachdenklich da ich so absolut nichts darüber finde.
Weiß jemand mehr darüber ???
Dass alle Titel kursmäßig ordentlich verprügelt werden ist Fact, aber Tamrelane schießt mit einem Absturz von rd. 73% seit dem 4.8.2008 ( Kurs € 0,35 ) in meiner watchlist den Vogel ab.
Hoffentlich kommt keine KE bei diesen Bedingungen.
Picker56
Wenigstens hat der Kurs ein bißchen in Can reagiert - auch wenn es vermutlich nur ein Strohfeuer sein wird.
Der Abschluß der BFS ist ja ganz nett, aber die zur Zeit interessanten Fragen nach der Finanzierung bleiben noch offen. Produktion in 2010 is lange hin und eins wird leider in der FS auch klar: Bei derzeitigen Preisen für Pb und Zn könnten die Minen gerademal die Kosten wieder einfahren...
Naja, man muß auch mal zufrieden sein und in 2 Jahren dürften die Preisen hoffentlich wieder in einer anderen Liga spielen
Der Abschluß der BFS ist ja ganz nett, aber die zur Zeit interessanten Fragen nach der Finanzierung bleiben noch offen. Produktion in 2010 is lange hin und eins wird leider in der FS auch klar: Bei derzeitigen Preisen für Pb und Zn könnten die Minen gerademal die Kosten wieder einfahren...
Naja, man muß auch mal zufrieden sein und in 2 Jahren dürften die Preisen hoffentlich wieder in einer anderen Liga spielen
Antwort auf Beitrag Nr.: 35.053.723 von Picker56 am 10.09.08 20:21:19Aus einem BB:
Das für den Aufbau der Mine erforderliche Kapital soll zum größten Teil fremdfinanziert werden. Tamerlane hat uns auf Nachfrage berichtet, dass sie mit mehreren Finanzinstituten in Verhandlung stehen.
Als Grundvoraussetzung wurde eine bankfähige Wirtschaftlichkeitsstudie verlangt, die jetzt vorliegt. Über die Finanzierung soll im 4. Quartal 2008 entschieden werden.
Der kleinere Anteil soll aus einer Kapitalerhöhung stammen, die für die nächsten Wochen geplant ist. Außerdem ist Tamerlane auch mit einem Rohstoff-Aufkäufer im Gespräch mit dem evtl. eine Teilfinanzierung vereinbart werden kann. Als Gegenleistung bekommt dieser Aufkäufer dann bevorzugt Rohstoff-Lieferungen (Abnahme-Vereinbarung).
Das für den Aufbau der Mine erforderliche Kapital soll zum größten Teil fremdfinanziert werden. Tamerlane hat uns auf Nachfrage berichtet, dass sie mit mehreren Finanzinstituten in Verhandlung stehen.
Als Grundvoraussetzung wurde eine bankfähige Wirtschaftlichkeitsstudie verlangt, die jetzt vorliegt. Über die Finanzierung soll im 4. Quartal 2008 entschieden werden.
Der kleinere Anteil soll aus einer Kapitalerhöhung stammen, die für die nächsten Wochen geplant ist. Außerdem ist Tamerlane auch mit einem Rohstoff-Aufkäufer im Gespräch mit dem evtl. eine Teilfinanzierung vereinbart werden kann. Als Gegenleistung bekommt dieser Aufkäufer dann bevorzugt Rohstoff-Lieferungen (Abnahme-Vereinbarung).
Antwort auf Beitrag Nr.: 35.061.293 von tommy-hl am 11.09.08 13:26:10Danke tommy-hl,
das Ganze sieht ja ordentlich strukturiert aus.
Können nur hoffen, dass sich das auch alles so bewahrheitet und sich im nächsten Jahr die Rohstoffpreise wieder gegen Norden wandern.
Denke ich werde versuchen einige shares bei diesem Kurs abzugreifen
Picker56
das Ganze sieht ja ordentlich strukturiert aus.
Können nur hoffen, dass sich das auch alles so bewahrheitet und sich im nächsten Jahr die Rohstoffpreise wieder gegen Norden wandern.
Denke ich werde versuchen einige shares bei diesem Kurs abzugreifen
Picker56
Solange der Zinkpreis nicht deutlich und nachhaltig steigt, halte ich eine Finanzierung für unmöglich. Welcher Investor sollte das Risiko eingehen, eine aus heutiger Sicht unprofitable Mine zu finanzieren? Zumal in einer Zeit, wo das Geld ohnehin nur begrenzt zur Verfügung steht.
Antwort auf Beitrag Nr.: 35.061.661 von MFC500 am 11.09.08 14:03:56Ist halt die Frage mit welchem Zinkpreis ( Abschlag zum Normalpreis ) die Feasibility der Bankvorlage erstellt wurde.
Daraus ergibt sich ohnehin die Wirtschaftlichkeit und somit eine eventuelle Finanzierbarkeit.
Sollten sie einen relativ hohen VKP angenommen haben dann gebe ich dir Recht, aber da ich selbst lange Jahre bei Banken im Finanzierungsbereich tätig war, so nehme ich an, dass sie genau auf die ausgewiesene Reserven des prognostizierten Betriebsergebnisses schauen um das Finanzierungsrisiko bewerten zu können. Und da ist der dargestellte Verkaufserlös ein Primärkriterium, den auch jeder Kreditwerber kennt.
Picker56
Daraus ergibt sich ohnehin die Wirtschaftlichkeit und somit eine eventuelle Finanzierbarkeit.
Sollten sie einen relativ hohen VKP angenommen haben dann gebe ich dir Recht, aber da ich selbst lange Jahre bei Banken im Finanzierungsbereich tätig war, so nehme ich an, dass sie genau auf die ausgewiesene Reserven des prognostizierten Betriebsergebnisses schauen um das Finanzierungsrisiko bewerten zu können. Und da ist der dargestellte Verkaufserlös ein Primärkriterium, den auch jeder Kreditwerber kennt.
Picker56
Antwort auf Beitrag Nr.: 35.061.812 von Picker56 am 11.09.08 14:19:02Ist halt die Frage mit welchem Zinkpreis ( Abschlag zum Normalpreis ) die Feasibility der Bankvorlage erstellt wurde
steht doch in der Meldung drin:
- $1,14 für Zink
- $1,16 für Blei
Bei den aktuellen Preisen (lt FS) beträgt der IRR gerade mal 3%. Da findet sich wohl kaum ein Kapitalgeber.
steht doch in der Meldung drin:
- $1,14 für Zink
- $1,16 für Blei
Bei den aktuellen Preisen (lt FS) beträgt der IRR gerade mal 3%. Da findet sich wohl kaum ein Kapitalgeber.
Das erklaert auch kursrutsch nach diese Meldung. Irgendwie sollte Tam endlich doch Boden finden, weil kursrutsch war doch zu krass, aber es steht noch wahrscheinliche PP und das mach auch unsicher wie hoch die KE sein wird.
Antwort auf Beitrag Nr.: 35.061.293 von tommy-hl am 11.09.08 13:26:10Aus einem BB:
Aus einem BB oder aus Deinem BB? Ist doch einer Deiner potenziellen Tenbagger (gewesen?) Wenn Du schon den Leuten das Geld mit Deinen "Tipps" aus der Tasche ziehst, solltest Du wenigstens mit offenen Karten spielen.
http://www.tenbagger.info/html/tamerlane.html
Aus einem BB oder aus Deinem BB? Ist doch einer Deiner potenziellen Tenbagger (gewesen?) Wenn Du schon den Leuten das Geld mit Deinen "Tipps" aus der Tasche ziehst, solltest Du wenigstens mit offenen Karten spielen.
http://www.tenbagger.info/html/tamerlane.html
Antwort auf Beitrag Nr.: 35.081.609 von noch-n-zocker am 12.09.08 18:57:16Damit ist tommy aber in guter Gesellschaft hier. Und gegenüber dem Klavierspieler ist er doch eine kleine Nummer. Also was solls...
Antwort auf Beitrag Nr.: 35.061.293 von tommy-hl am 11.09.08 13:26:10Das für den Aufbau der Mine erforderliche Kapital soll zum größten Teil fremdfinanziert werden. Tamerlane hat uns auf Nachfrage berichtet, dass sie mit mehreren Finanzinstituten in Verhandlung stehen.
Als Grundvoraussetzung wurde eine bankfähige Wirtschaftlichkeitsstudie verlangt, die jetzt vorliegt. Über die Finanzierung soll im 4. Quartal 2008 entschieden werden.
Der kleinere Anteil soll aus einer Kapitalerhöhung stammen, die für die nächsten Wochen geplant ist. Außerdem ist Tamerlane auch mit einem Rohstoff-Aufkäufer im Gespräch mit dem evtl. eine Teilfinanzierung vereinbart werden kann. Als Gegenleistung bekommt dieser Aufkäufer dann bevorzugt Rohstoff-Lieferungen (Abnahme-Vereinbarung).
Die Kapitalerhöhung ist durch, wenn auch nicht in gewünschter Höhe. Bezüglich der Finanzierung steht TAM in Verhandlung mit mehreren (!) Interessenten ... evtl. in Verbindung mit einem off-take agreement.
Tommy
Tamerlane closes flow-through unit financing
Tuesday September 16, 3:58 pm ET
BLAINE, WA, Sept. 16 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company has closed a non-brokered private placement of 2,877,778 Flow-Through Units at a subscription price of C$0.45 per Flow-Through Unit for gross proceeds of C$1,295,000. Each Unit comprised one Common Share and One-Half of One Common Share Purchase Warrant.
Each whole Common Share Purchase Warrant will entitle the holder to purchase an additional Common Share at an exercise price of C$0.60 per share for a period of 18 months. For introducing certain investors to the Company, the Company paid a 7% cash finder's fee and issued broker warrants equal to 5% of the number of Units issued to those investors. Each warrant will be exercisable into one Common Share at a price of C$0.60 per share for a period of 18 months.
This financing was previously announced on August 19, 2008 when it was anticipated that the Company would raise up to $2.03 million. Due to market conditions the financing for the anticipated amount was not completed.
All of the securities issued in this private placement will be subject to a four-month hold period.
The proceeds from the Flow-Through Unit Offering will be used to fund additional surface drilling at the Company's Pine Point Zinc-Lead Project in the Northwest Territories.
"Ross F. Burns"
President & CEO
Als Grundvoraussetzung wurde eine bankfähige Wirtschaftlichkeitsstudie verlangt, die jetzt vorliegt. Über die Finanzierung soll im 4. Quartal 2008 entschieden werden.
Der kleinere Anteil soll aus einer Kapitalerhöhung stammen, die für die nächsten Wochen geplant ist. Außerdem ist Tamerlane auch mit einem Rohstoff-Aufkäufer im Gespräch mit dem evtl. eine Teilfinanzierung vereinbart werden kann. Als Gegenleistung bekommt dieser Aufkäufer dann bevorzugt Rohstoff-Lieferungen (Abnahme-Vereinbarung).
Die Kapitalerhöhung ist durch, wenn auch nicht in gewünschter Höhe. Bezüglich der Finanzierung steht TAM in Verhandlung mit mehreren (!) Interessenten ... evtl. in Verbindung mit einem off-take agreement.
Tommy
Tamerlane closes flow-through unit financing
Tuesday September 16, 3:58 pm ET
BLAINE, WA, Sept. 16 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company has closed a non-brokered private placement of 2,877,778 Flow-Through Units at a subscription price of C$0.45 per Flow-Through Unit for gross proceeds of C$1,295,000. Each Unit comprised one Common Share and One-Half of One Common Share Purchase Warrant.
Each whole Common Share Purchase Warrant will entitle the holder to purchase an additional Common Share at an exercise price of C$0.60 per share for a period of 18 months. For introducing certain investors to the Company, the Company paid a 7% cash finder's fee and issued broker warrants equal to 5% of the number of Units issued to those investors. Each warrant will be exercisable into one Common Share at a price of C$0.60 per share for a period of 18 months.
This financing was previously announced on August 19, 2008 when it was anticipated that the Company would raise up to $2.03 million. Due to market conditions the financing for the anticipated amount was not completed.
All of the securities issued in this private placement will be subject to a four-month hold period.
The proceeds from the Flow-Through Unit Offering will be used to fund additional surface drilling at the Company's Pine Point Zinc-Lead Project in the Northwest Territories.
"Ross F. Burns"
President & CEO
So. Dann sind wir bei 0.15 CAD angelangt. Mal abwarten, weil der abwaertstrend noch weiter gehen kann bis 0.1 CAD. So - bei 0.015 EUR bin ich dabei. Unter 0.1 CAD sehe ich nur wenn Tam Bankrot geht. Wir naehern Boden immer naeher.
Fehler. Bei 0.05 EUR bin ich dabei. Verdammt. Die Stellen nach komma sind auch mehr geworden. Ist halt peny stock. Aber aufwaerds Potential wenn Zink Preisse steigen ist enorm.
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Updates Pine Point Feasibility Study Financial Analysis
Monday November 3, 11:25 am ET
<< - Favorable trends in key cost factors result in project economics that will generate positive operating results at current metals prices - >>
BLAINE, WA, Nov. 3 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has updated the Company's financial analysis for the Pine Point project, located in the Northwest Territories, Canada. The original financial analysis was announced on September 10, 2008 as part of Tamerlane's bankable feasibility study. The Company cited significant fluctuations in currency exchange rates, power and diesel costs, lead and zinc spot prices, and shipping rates as the main factors necessitating the updated financial analysis.
Tamerlane noted that the same financial model was used in developing both the original financial analysis announced on September 10 and the updated financial analysis. This model, which was reviewed and overwritten by third party consultants Pincock, Allen and Holt, is based on capital quotations, estimates from suppliers and contractors, operating costs from similar operations within Canada and The Western Mine Engineering's mining cost service.
As a result of the aforementioned trends in key cost factors, Tamerlane now forecasts total operating costs per pound of zinc to be US$0.49, down from the previously announced estimate of $0.67 per pound.
The cash flow model is based on a long term production schedule. Ore production from the operation is designed at 3,000 tonnes per day. The USD/CAD exchange rate was assumed to be US$1 = CA$1.22. The financial model assumes 100% equity financing, though the company plans to pursue an arrangement of approximately 60% senior debt, 25% subordinated debt tied to concentrate off take and the remaining 15% financed through equity issue.
To reflect the effect of lead prices on the direct cost of zinc production, the market zinc price has been set at $0.53 for the purpose of calculating smelter charges. Please refer to the following table for updated information on costs per payable pound of zinc.
Cost per Payable Pound Zinc
-------------------------------------------------------------------------
Price Price Operating Cost Per Pound of Zinc
$/lb $/lb ------------------------------------------------------
Zn Pb Min- Mill- Power/ Freight Smel- Envi- NSR (x)
ing ing Diesel ting ro $/lb
Ser- Zinc
vice Produ-
ced
-------------------------------------------------------------------------
Cur-
rent 0.53 0.67 0.156 0.057 0.049 0.086 0.123 0.009 0.014 0.494
-------------------------------------------------------------------------
(x) Additional cost per payable pound capital = $0.19.
Assumes all capital paid off over NI 43-101 compliant reserves.
Ross Burns, President and CEO, said: "Despite recent trends in zinc and lead spot prices, this new financial analysis shows that the Pine Point project can generate positive operating results at today's metals prices. Tamerlane will continue with initiatives currently under way to secure adequate project financing for Pine Point on favorable terms. While many major banks are experiencing severe liquidity problems, Tamerlane's management is considering other avenues for project financing, including private equity firms. Tamerlane has also completed all necessary documentation with regard to the water license currently being reviewed by the MVLWB. The Company expects the license to be issued in mid November, followed by a Ministerial review period of 30 to 60 days."
"Ross F. Burns"
President & CEO
Tamerlane Updates Pine Point Feasibility Study Financial Analysis
Monday November 3, 11:25 am ET
<< - Favorable trends in key cost factors result in project economics that will generate positive operating results at current metals prices - >>
BLAINE, WA, Nov. 3 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has updated the Company's financial analysis for the Pine Point project, located in the Northwest Territories, Canada. The original financial analysis was announced on September 10, 2008 as part of Tamerlane's bankable feasibility study. The Company cited significant fluctuations in currency exchange rates, power and diesel costs, lead and zinc spot prices, and shipping rates as the main factors necessitating the updated financial analysis.
Tamerlane noted that the same financial model was used in developing both the original financial analysis announced on September 10 and the updated financial analysis. This model, which was reviewed and overwritten by third party consultants Pincock, Allen and Holt, is based on capital quotations, estimates from suppliers and contractors, operating costs from similar operations within Canada and The Western Mine Engineering's mining cost service.
As a result of the aforementioned trends in key cost factors, Tamerlane now forecasts total operating costs per pound of zinc to be US$0.49, down from the previously announced estimate of $0.67 per pound.
The cash flow model is based on a long term production schedule. Ore production from the operation is designed at 3,000 tonnes per day. The USD/CAD exchange rate was assumed to be US$1 = CA$1.22. The financial model assumes 100% equity financing, though the company plans to pursue an arrangement of approximately 60% senior debt, 25% subordinated debt tied to concentrate off take and the remaining 15% financed through equity issue.
To reflect the effect of lead prices on the direct cost of zinc production, the market zinc price has been set at $0.53 for the purpose of calculating smelter charges. Please refer to the following table for updated information on costs per payable pound of zinc.
Cost per Payable Pound Zinc
-------------------------------------------------------------------------
Price Price Operating Cost Per Pound of Zinc
$/lb $/lb ------------------------------------------------------
Zn Pb Min- Mill- Power/ Freight Smel- Envi- NSR (x)
ing ing Diesel ting ro $/lb
Ser- Zinc
vice Produ-
ced
-------------------------------------------------------------------------
Cur-
rent 0.53 0.67 0.156 0.057 0.049 0.086 0.123 0.009 0.014 0.494
-------------------------------------------------------------------------
(x) Additional cost per payable pound capital = $0.19.
Assumes all capital paid off over NI 43-101 compliant reserves.
Ross Burns, President and CEO, said: "Despite recent trends in zinc and lead spot prices, this new financial analysis shows that the Pine Point project can generate positive operating results at today's metals prices. Tamerlane will continue with initiatives currently under way to secure adequate project financing for Pine Point on favorable terms. While many major banks are experiencing severe liquidity problems, Tamerlane's management is considering other avenues for project financing, including private equity firms. Tamerlane has also completed all necessary documentation with regard to the water license currently being reviewed by the MVLWB. The Company expects the license to be issued in mid November, followed by a Ministerial review period of 30 to 60 days."
"Ross F. Burns"
President & CEO
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Reports Assay Results Of Hinge Zone Deposit At Pine Point
Wednesday November 5, 10:03 am ET
BLAINE, WA, Nov. 5 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today new assay results from drill holes that confirm lead-zinc mineralization within the Hinge Zone deposit (HZ) at the Company's Pine Point Property, located in the Northwest Territories, Canada. The assay results are from 6 holes, TV1-TV4 and TV7-TV8. The Hinge Zone is a sinuous shallow tabular deposit with a zone having a strike length of over 6,000 feet and a width of approximately 600 feet. It is situated along the main trend of the District within an area of previous open pit mining conducted by Pine Point Mines Ltd. from 1965 to 1987.
Tabular deposits are among the most common deposit types in the Pine Point District and were formed in long sinuous karst caverns which followed underground streams. This style of mineralization has been mined successfully by both open pit and underground methods at Pine Point. Historically, a total of 13,480,900 tonnes grading 5.6% zinc and 1.7% lead have been mined from tabular deposits.
The assay results are shown below:
Hinge Zone Deposit
-------------------------------------------------------------------------
Interval
Drill (Feet) Thickness True Average
Hole ------------------------- Thickness -------------- Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
HZ-TV1 233 299 66 20.1 46 6.51 13.14 19.65
-------------------------------------------------------------------------
containing 233 262 29 8.8 20 8.54 27.19 35.73
-------------------------------------------------------------------------
HZ-TV2 250 272 22 6.7 18 12.18 1.54 13.73
-------------------------------------------------------------------------
HZ-TV3 267 292 25 7.6 17 10.25 2.35 12.60
-------------------------------------------------------------------------
HZ-TV4 237 254 17 5.2 14 10.00 1.77 11.77
-------------------------------------------------------------------------
HZ-TV4 256 266 10 3.1 8 3.84 0.54 4.38
-------------------------------------------------------------------------
HZ-TV8 281 289 8 2.4 7 4.03 1.20 5.23
-------------------------------------------------------------------------
HZ-TV8 300 307 7 2.1 6 2.45 0.03 2.48
-------------------------------------------------------------------------
HZ-TV1 was drilled at -45 degrees; TV2 at -55 degrees; TV3 at
-52 degrees; TV4 at -55 degrees and TV8 at -56.4 degrees
Ross Burns, President & CEO, said: "This discovery is an indication of the huge remaining exploration potential of the Pine Point property. The targets remaining for further work include drill intersections, deposit extensions, 34 airborne electromagnetic targets and a zone 15 km in length that has the potential to contain a deposit every 1.5 km. To date, only one deposit has been discovered in this zone. When the junior mining markets improve the Company will be pursuing a number of these targets."
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, P. Geo., M.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
"Ross F. Burns"
President & CEO
Tamerlane Reports Assay Results Of Hinge Zone Deposit At Pine Point
Wednesday November 5, 10:03 am ET
BLAINE, WA, Nov. 5 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today new assay results from drill holes that confirm lead-zinc mineralization within the Hinge Zone deposit (HZ) at the Company's Pine Point Property, located in the Northwest Territories, Canada. The assay results are from 6 holes, TV1-TV4 and TV7-TV8. The Hinge Zone is a sinuous shallow tabular deposit with a zone having a strike length of over 6,000 feet and a width of approximately 600 feet. It is situated along the main trend of the District within an area of previous open pit mining conducted by Pine Point Mines Ltd. from 1965 to 1987.
Tabular deposits are among the most common deposit types in the Pine Point District and were formed in long sinuous karst caverns which followed underground streams. This style of mineralization has been mined successfully by both open pit and underground methods at Pine Point. Historically, a total of 13,480,900 tonnes grading 5.6% zinc and 1.7% lead have been mined from tabular deposits.
The assay results are shown below:
Hinge Zone Deposit
-------------------------------------------------------------------------
Interval
Drill (Feet) Thickness True Average
Hole ------------------------- Thickness -------------- Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
HZ-TV1 233 299 66 20.1 46 6.51 13.14 19.65
-------------------------------------------------------------------------
containing 233 262 29 8.8 20 8.54 27.19 35.73
-------------------------------------------------------------------------
HZ-TV2 250 272 22 6.7 18 12.18 1.54 13.73
-------------------------------------------------------------------------
HZ-TV3 267 292 25 7.6 17 10.25 2.35 12.60
-------------------------------------------------------------------------
HZ-TV4 237 254 17 5.2 14 10.00 1.77 11.77
-------------------------------------------------------------------------
HZ-TV4 256 266 10 3.1 8 3.84 0.54 4.38
-------------------------------------------------------------------------
HZ-TV8 281 289 8 2.4 7 4.03 1.20 5.23
-------------------------------------------------------------------------
HZ-TV8 300 307 7 2.1 6 2.45 0.03 2.48
-------------------------------------------------------------------------
HZ-TV1 was drilled at -45 degrees; TV2 at -55 degrees; TV3 at
-52 degrees; TV4 at -55 degrees and TV8 at -56.4 degrees
Ross Burns, President & CEO, said: "This discovery is an indication of the huge remaining exploration potential of the Pine Point property. The targets remaining for further work include drill intersections, deposit extensions, 34 airborne electromagnetic targets and a zone 15 km in length that has the potential to contain a deposit every 1.5 km. To date, only one deposit has been discovered in this zone. When the junior mining markets improve the Company will be pursuing a number of these targets."
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Wolfgang Schleiss, P. Geo., M.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
"Ross F. Burns"
President & CEO
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Reports Financial Results For Three Month Period Ended September 30, 2008
Friday November 21, 7:49 pm ET
BLAINE, WA, Nov. 21 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces a net loss of $580,420 or $0.01 per share for the three months ended September 30, 20008, compared to a net loss of $855,263 or $0.02 per share in the same period in the prior year. The decrease in the loss mainly reflects a decrease in stock-based compensation expenses in the period this year.
At September 30, 2008 the Company had working capital of $1,670,250 compared to $3,946,874 at December 31, 2007, a decrease of $2,276,624.
"Ross F. Burns"
President & CEO
Tamerlane Reports Financial Results For Three Month Period Ended September 30, 2008
Friday November 21, 7:49 pm ET
BLAINE, WA, Nov. 21 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces a net loss of $580,420 or $0.01 per share for the three months ended September 30, 20008, compared to a net loss of $855,263 or $0.02 per share in the same period in the prior year. The decrease in the loss mainly reflects a decrease in stock-based compensation expenses in the period this year.
At September 30, 2008 the Company had working capital of $1,670,250 compared to $3,946,874 at December 31, 2007, a decrease of $2,276,624.
"Ross F. Burns"
President & CEO
Press Release Source: Tamerlane Ventures Inc.
Tamerlane exercises option and acquires 100% interest in Los Pinos
Wednesday November 26, 11:09 am ET
BLAINE, WA, Nov. 26 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has exercised its option on the Los Pinos copper project in Peru, and as a result the Company now owns 100% of the Los Pinos project. Los Pinos is located in the Coastal Cordillera of southern Peru. The concessions comprise Los Pinos No. 1 (600 hectares), Los Pinos No. 6 (90 hectares) and El Pino (100 hectares).
The Los Pinos deposit is an oxide copper deposit developed on a porphyry system. The deposit consists of three mineralized zones, and has the potential for open pit mining, heap leaching followed by solvent extraction/electrowinning to recover the copper.
Tamerlane originally announced the option to acquire Los Pinos on March 27, 2007. The total acquisition cost was US$1,000,000. There is no royalty payable on the Los Pinos project.
In 1994, Pincock, Allen & Holt (PAH) carried out an evaluation of the Los Pinos Project for Asarco Inc. PAH's report summarized the resource modeling methodology, resource estimate, mine plans, and mineable reserves. Capital and operating costs were reviewed and mine plans were generated. PAH provided data for ASARCO Inc. to incorporate into a prefeasibility-level evaluation of the project. The historical geologic resource estimated by PAH in 1994 was 63,191,000 tonnes with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. Within the geologic resource, a floating cone pit was designed at $0.90 per pound copper that contained 40 million tonnes of ore at a grade of .41% oxide copper. A mine plan and production schedule demonstrated mining 3.6 million tonnes per year for 10 years at an average grade of 0.40% copper with a strip ratio of 1 to 1 producing approximately 25 million pounds of cathode copper per year. The copper price used in the 1994 study was US$0.90 per pound compared to about US$1.56 per pound at present. Investors are advised that the PAH feasibility data is outdated, and a qualified person has not done sufficient work to classify the historical estimate as current mineral resources. The issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
"Ross F. Burns"
President & CEO
Tamerlane exercises option and acquires 100% interest in Los Pinos
Wednesday November 26, 11:09 am ET
BLAINE, WA, Nov. 26 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has exercised its option on the Los Pinos copper project in Peru, and as a result the Company now owns 100% of the Los Pinos project. Los Pinos is located in the Coastal Cordillera of southern Peru. The concessions comprise Los Pinos No. 1 (600 hectares), Los Pinos No. 6 (90 hectares) and El Pino (100 hectares).
The Los Pinos deposit is an oxide copper deposit developed on a porphyry system. The deposit consists of three mineralized zones, and has the potential for open pit mining, heap leaching followed by solvent extraction/electrowinning to recover the copper.
Tamerlane originally announced the option to acquire Los Pinos on March 27, 2007. The total acquisition cost was US$1,000,000. There is no royalty payable on the Los Pinos project.
In 1994, Pincock, Allen & Holt (PAH) carried out an evaluation of the Los Pinos Project for Asarco Inc. PAH's report summarized the resource modeling methodology, resource estimate, mine plans, and mineable reserves. Capital and operating costs were reviewed and mine plans were generated. PAH provided data for ASARCO Inc. to incorporate into a prefeasibility-level evaluation of the project. The historical geologic resource estimated by PAH in 1994 was 63,191,000 tonnes with an average grade of 0.36% total copper at a cut-off grade of 0.22% copper. Within the geologic resource, a floating cone pit was designed at $0.90 per pound copper that contained 40 million tonnes of ore at a grade of .41% oxide copper. A mine plan and production schedule demonstrated mining 3.6 million tonnes per year for 10 years at an average grade of 0.40% copper with a strip ratio of 1 to 1 producing approximately 25 million pounds of cathode copper per year. The copper price used in the 1994 study was US$0.90 per pound compared to about US$1.56 per pound at present. Investors are advised that the PAH feasibility data is outdated, and a qualified person has not done sufficient work to classify the historical estimate as current mineral resources. The issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
"Ross F. Burns"
President & CEO
Hi @ll,
erschüttert vom Kursverfall kann ich nur vermuten, dass Tamerlane so ziemlich cashlos in eine mehr als unsichere Zukunft taumelt.
Schlimm wenn dem so wäre ! Oder irre ich mich hier und es gibt andere Gründe ????
Picker56
erschüttert vom Kursverfall kann ich nur vermuten, dass Tamerlane so ziemlich cashlos in eine mehr als unsichere Zukunft taumelt.
Schlimm wenn dem so wäre ! Oder irre ich mich hier und es gibt andere Gründe ????
Picker56
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Reports Acquisition Of The Company's Shares
Thursday December 4, 5:27 pm ET
BLAINE, WA, Dec. 4 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that Karst Investments (the "Acquiror") has purchased 1,590,000 common shares of Tamerlane Ventures Inc. (the "Company") in a private transaction at a price of C$0.06 per share. The purchased shares represent approximately 3.21% of the outstanding common shares of the Company. Margaret Kent and Ross Burns have beneficial ownership of, and control and direction over, the Acquiror, which owned 1,456,000 common shares of the Company prior to today's purchase.
Today's purchase brings the combined holdings of the Acquiror to 3,046,000 common shares of the Company, representing approximately 6.15% of the outstanding common shares. The purchase was made for investment purposes and to provide the Acquiror with greater influence as shareholders of the Company. The Acquiror, Margaret Kent and/or Ross Burns or entities controlled by them may acquire more common shares of the Company, and they may in the future make further purchases or sales of common shares of the Company or take other actions with respect to the purchased shares as circumstances may warrant.
"Ross F. Burns"
President & CEO
Tamerlane Reports Acquisition Of The Company's Shares
Thursday December 4, 5:27 pm ET
BLAINE, WA, Dec. 4 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that Karst Investments (the "Acquiror") has purchased 1,590,000 common shares of Tamerlane Ventures Inc. (the "Company") in a private transaction at a price of C$0.06 per share. The purchased shares represent approximately 3.21% of the outstanding common shares of the Company. Margaret Kent and Ross Burns have beneficial ownership of, and control and direction over, the Acquiror, which owned 1,456,000 common shares of the Company prior to today's purchase.
Today's purchase brings the combined holdings of the Acquiror to 3,046,000 common shares of the Company, representing approximately 6.15% of the outstanding common shares. The purchase was made for investment purposes and to provide the Acquiror with greater influence as shareholders of the Company. The Acquiror, Margaret Kent and/or Ross Burns or entities controlled by them may acquire more common shares of the Company, and they may in the future make further purchases or sales of common shares of the Company or take other actions with respect to the purchased shares as circumstances may warrant.
"Ross F. Burns"
President & CEO
Noch jemand hier..???
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Announces 10-Year Electrical Power Deal For Pine Point
Wednesday December 10, 12:48 pm ET
BLAINE, WA, Dec. 10 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has received notice from Northland Utilities Limited that the Minister of the Northwest Territories has granted an exclusive electrical utility franchise to Northland Utilities to provide hydroelectric power to the company's Pine Point property.
The terms of the franchise provide for supply of low-cost hydroelectric power to Pine Point through September 8, 2018. Today's announcement is a significant development in the Company's plans to commence construction, and ultimately begin mining operations at the property. The existing power line and year-round highway that will service Pine Point are located less than 1 kilometer from the main mining site. Tamerlane will also utilize existing railhead from the town of Hay River, located 42 kilometers from Pine Point.
Ross Burns, President & CEO, said: "We are very pleased with the electrical utility franchise granted by the Government. Procurement of sufficient power is a key factor in the development of any mining project. In the case of Pine Point, we are very fortunate to be located in close proximity to an all-year highway, an adequate hydroelectric power source and a railhead in the town of Hay River. This will put Tamerlane in a position to rapidly advance the Pine Point project when metals prices and equity markets rebound. Tamerlane's management will continue to closely monitor global economic developments, mainly metals prices, while conducting negotiations to secure adequate project financing on favorable terms."
"Ross F. Burns"
President & CEO
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Announces 10-Year Electrical Power Deal For Pine Point
Wednesday December 10, 12:48 pm ET
BLAINE, WA, Dec. 10 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has received notice from Northland Utilities Limited that the Minister of the Northwest Territories has granted an exclusive electrical utility franchise to Northland Utilities to provide hydroelectric power to the company's Pine Point property.
The terms of the franchise provide for supply of low-cost hydroelectric power to Pine Point through September 8, 2018. Today's announcement is a significant development in the Company's plans to commence construction, and ultimately begin mining operations at the property. The existing power line and year-round highway that will service Pine Point are located less than 1 kilometer from the main mining site. Tamerlane will also utilize existing railhead from the town of Hay River, located 42 kilometers from Pine Point.
Ross Burns, President & CEO, said: "We are very pleased with the electrical utility franchise granted by the Government. Procurement of sufficient power is a key factor in the development of any mining project. In the case of Pine Point, we are very fortunate to be located in close proximity to an all-year highway, an adequate hydroelectric power source and a railhead in the town of Hay River. This will put Tamerlane in a position to rapidly advance the Pine Point project when metals prices and equity markets rebound. Tamerlane's management will continue to closely monitor global economic developments, mainly metals prices, while conducting negotiations to secure adequate project financing on favorable terms."
"Ross F. Burns"
President & CEO
Press Release Source: Tamerlane Ventures Inc.
Tamerlane announces up to C$400,000 financing
Thursday December 11, 12:10 pm ET
BLAINE, WA, Dec. 11 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company intends to complete a non-brokered private placement of up to 5,714,285 Common Shares at a subscription price of C$0.07 per Common Share for gross proceeds of up to C$400,000. The proceeds from the offering will be used for general corporate purposes.
For introducing certain investors to the Company, the Company will pay a 9% cash finder's fee.
All of the securities issued in this private placement will be subject to a four-month hold period. The transaction is expected to close within the next week.
"Ross F. Burns"
President & CEO
Tamerlane announces up to C$400,000 financing
Thursday December 11, 12:10 pm ET
BLAINE, WA, Dec. 11 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company intends to complete a non-brokered private placement of up to 5,714,285 Common Shares at a subscription price of C$0.07 per Common Share for gross proceeds of up to C$400,000. The proceeds from the offering will be used for general corporate purposes.
For introducing certain investors to the Company, the Company will pay a 9% cash finder's fee.
All of the securities issued in this private placement will be subject to a four-month hold period. The transaction is expected to close within the next week.
"Ross F. Burns"
President & CEO
Tja. Ich bin noch da. Preiss ist ja wie erwartet zurueckgekommen. Heute hab ich fuer 0.03 eur in Frankfurt ein bischen Tam Aktien gekauft. Wenn man bedenkt, dass Tam von ATH 3 CAD -98% gefallen ist. Ich sehe nicht viel downside hier, weil Zink Preisse haben Boden gefunden. Zink minen machen zu. In 2010 wird das bemerkbar machen. Die Finanzen sehen zwar nicht rosig aus aber Aktien Preiss ist sehr niedrig geworden. Da kann man nicht schief machen, wenn Tam ueberleben sollte. Wenn nicht, dann nicht.
Press Release Source: Tamerlane Ventures Inc.
Tamerlane Closes C$400,000 Financing
Friday December 19, 11:54 am ET
BLAINE, WA, Dec. 19 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company has closed a non-brokered private placement of 5,714,285 Common Shares at a subscription price of C$0.07 per Common Share for gross proceeds of C$400,000. Karst Investments, LLC, an entity with common officers and a common director, subscribed for 196,285 Common Shares for proceeds of $13,740 to the Company of the total amount of the private placement. The proceeds from the offering will be used for general corporate purposes.
For introducing certain investors to the Company, the Company will pay a 9% cash finder's fee.
All of the securities issued in this private placement will be subject to a four-month hold period.
"Ross F. Burns"
Tamerlane Closes C$400,000 Financing
Friday December 19, 11:54 am ET
BLAINE, WA, Dec. 19 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announces today that, subject to regulatory approval, the Company has closed a non-brokered private placement of 5,714,285 Common Shares at a subscription price of C$0.07 per Common Share for gross proceeds of C$400,000. Karst Investments, LLC, an entity with common officers and a common director, subscribed for 196,285 Common Shares for proceeds of $13,740 to the Company of the total amount of the private placement. The proceeds from the offering will be used for general corporate purposes.
For introducing certain investors to the Company, the Company will pay a 9% cash finder's fee.
All of the securities issued in this private placement will be subject to a four-month hold period.
"Ross F. Burns"
Wer mehr und einmal aus anderer Perspektive etwas über TAM erfahren will, der bekommt hier für schlappe 10 $ eines Analyse eines Spezialisten:
http://ottosnobs.blogspot.com/
Vielleicht steht ja auch drin, warum der Kurs nunmal genau so ist, wie er heute ist...
http://ottosnobs.blogspot.com/
Vielleicht steht ja auch drin, warum der Kurs nunmal genau so ist, wie er heute ist...
Still ruht der See
Wird schon. Das ist nur Frage der Zeit. Bin bei 0.05 CAD hier investiert (etwa dieser Zeit Tommy hat diese Bude vergraben und aus dem Tenbagger depot rausgeschmissen und verkauft). Ich finde das war wieder ein Fehler zum Tiefpunkt verkaufen.
Hier ein optimistisches post von stockhouse board:
The reason TAM's "popping" again is of course related to the gain in metal prices combined with some other factors. I wrote Ross Burns a week ago about what's happening in Tamerlane and what his opinion on permits is (what's happening with the water permit and if any permits' risk running out). He answered with the following:
"The company is currently hibernating and waiting for metal prices to rise. The company has completed its feasibility on the Pine Point project and has obtained all the permits needed to construct the mine but the water permit, which would be necessary to operate the mine, has not been received to date although the government has not expressed any concerns in issuing the permit. "
"I have no fears with respect to any permitting issues at Pine Point at this point in time. "
On what's happening right now he answered:
"The company has sufficient funds to survive the financial crisis and has managed to this point to retain people that have the critical project knowledge of the project. "
Another person writing in a forum in Sweden also wrote Tamerlane regarding the water permit and he got this answer:
"The water permit has been submitted to the Minister for signature. We have not heard anything back from the Minister yet, but we expect him to sign the permit without any more significant delays. The Minister’s office has not asked Tamerlane for any further information, nor have they expressed any concerns regarding our application for a water permit."
Add to this the recently signed 10-year power deal for Pine Point reaching into 2018 plus the fact TAM has dropped under low trading volumes in these times (=majority of owners with GAV over 1 CAD refusing to sell before this) and you have a potential stock price rocket!
The reason TAM's "popping" again is of course related to the gain in metal prices combined with some other factors. I wrote Ross Burns a week ago about what's happening in Tamerlane and what his opinion on permits is (what's happening with the water permit and if any permits' risk running out). He answered with the following:
"The company is currently hibernating and waiting for metal prices to rise. The company has completed its feasibility on the Pine Point project and has obtained all the permits needed to construct the mine but the water permit, which would be necessary to operate the mine, has not been received to date although the government has not expressed any concerns in issuing the permit. "
"I have no fears with respect to any permitting issues at Pine Point at this point in time. "
On what's happening right now he answered:
"The company has sufficient funds to survive the financial crisis and has managed to this point to retain people that have the critical project knowledge of the project. "
Another person writing in a forum in Sweden also wrote Tamerlane regarding the water permit and he got this answer:
"The water permit has been submitted to the Minister for signature. We have not heard anything back from the Minister yet, but we expect him to sign the permit without any more significant delays. The Minister’s office has not asked Tamerlane for any further information, nor have they expressed any concerns regarding our application for a water permit."
Add to this the recently signed 10-year power deal for Pine Point reaching into 2018 plus the fact TAM has dropped under low trading volumes in these times (=majority of owners with GAV over 1 CAD refusing to sell before this) and you have a potential stock price rocket!
Das die Mine noch nicht finanziert wurde ist momentan von Vorteil.
Bei den jetzigen Blei- u. Zinkpreisen wäre ein Kredit wohl kaum zurückzuzahlen gewesen. So kann man kostengünstig einige Zeit abwarten.
Bei den jetzigen Blei- u. Zinkpreisen wäre ein Kredit wohl kaum zurückzuzahlen gewesen. So kann man kostengünstig einige Zeit abwarten.
Tamerlane receives Water License for its Pine Point Project
BLAINE, WA, April 30 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has been issued a Type A Water License by the Mackenzie Valley Land and Water Board (MVLWB) in accordance with the Northwest Territories Waters Act. The license has been approved for a period of 4 years and 7 months, commencing December 12, 2008 and expiring July 28, 2013.
Tamerlane announced its reserve report and feasibility study for the Pine Point Project in August 2007, and updated economic analysis for the project in November 2008. The economic analysis for the Pine Point Project shows total operating costs of US$0.49 per pound of zinc. With the receipt of this permit, Tamerlane now has all necessary environmental permits and leases to begin construction and mining operations.
Regarding financing, the Company stated that it intends to recommence negotiations with potential lenders when the credit markets are more favorable and zinc and lead spot price trends improve. The Company is also continuing discussions with various smelters and end-users of zinc and lead regarding possible off-take agreements. Pine Point was previously in operation from 1964 to 1987, during which time the mine was renowned for its exceptionally clean zinc-lead concentrates, which were almost entirely free of metallurgical impurities.
Tamerlane also announced today the appointment of Wolfgang Schleiss as Vice President of Exploration. Mr. Schleiss has over 25 years experience in exploration geology and resource analysis within the precious/base metals and industrial minerals sector. Throughout his career he has held positions of increasing responsibility at several major U.S. mining companies. Mr. Schleiss has directed precious/base metal exploration programs and been involved in precious/base metal property acquisitions and evaluations throughout North America, Europe and Russia. He has also been responsible for the replacement and estimation of resources/reserves at several mines. Mr. Schleiss specializes in exploration geology and evaluation of potential acquisition targets. Mr. Schleiss is a registered Professional Geologist in the State of Wisconsin and is also a Fellow in the Society of Economic Geologists
"Ross F. Burns"
President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this press
release.
BLAINE, WA, April 30 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has been issued a Type A Water License by the Mackenzie Valley Land and Water Board (MVLWB) in accordance with the Northwest Territories Waters Act. The license has been approved for a period of 4 years and 7 months, commencing December 12, 2008 and expiring July 28, 2013.
Tamerlane announced its reserve report and feasibility study for the Pine Point Project in August 2007, and updated economic analysis for the project in November 2008. The economic analysis for the Pine Point Project shows total operating costs of US$0.49 per pound of zinc. With the receipt of this permit, Tamerlane now has all necessary environmental permits and leases to begin construction and mining operations.
Regarding financing, the Company stated that it intends to recommence negotiations with potential lenders when the credit markets are more favorable and zinc and lead spot price trends improve. The Company is also continuing discussions with various smelters and end-users of zinc and lead regarding possible off-take agreements. Pine Point was previously in operation from 1964 to 1987, during which time the mine was renowned for its exceptionally clean zinc-lead concentrates, which were almost entirely free of metallurgical impurities.
Tamerlane also announced today the appointment of Wolfgang Schleiss as Vice President of Exploration. Mr. Schleiss has over 25 years experience in exploration geology and resource analysis within the precious/base metals and industrial minerals sector. Throughout his career he has held positions of increasing responsibility at several major U.S. mining companies. Mr. Schleiss has directed precious/base metal exploration programs and been involved in precious/base metal property acquisitions and evaluations throughout North America, Europe and Russia. He has also been responsible for the replacement and estimation of resources/reserves at several mines. Mr. Schleiss specializes in exploration geology and evaluation of potential acquisition targets. Mr. Schleiss is a registered Professional Geologist in the State of Wisconsin and is also a Fellow in the Society of Economic Geologists
"Ross F. Burns"
President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this press
release.
Finanzierung mit Kredit sollte bald kein Problem sein wegen steigenden baise Metal Preissen. Nur noch makro Daten sollten besser sein. Eq. finazierung kann diese Aktie nur zerschlagen. Hoffentlich kommt garnicht so wet. Wenn so ist dies ein 10-bagger Investment. Fuer mich schon 4-bagger.
Antwort auf Beitrag Nr.: 37.153.107 von powertecc am 12.05.09 12:54:27hallo tamerlane mohis,
Die Genehmigungen sind alle da. Jetzt muß nur noch die Finanzierung klappen und es geht mit den Minenauf- und abbauarbeiten los. Für die verschiedenen aktuellen Preisszenarios bei Zink und anderen Basismetallen gibt es eine gute TAM-Bewertungsanalyse im stockhouse forum (CAN). Dort werden Preise größer 1 CND genannt. Der Markt scheint es jetzt auch zu realisieren. Seit ein paar Tagen große Volumina und ordentliche Preise. Könnte kurzfristig interessant werden. Hoffentlich ließt noch ein mohi mit.
GLTY
Torte
Die Genehmigungen sind alle da. Jetzt muß nur noch die Finanzierung klappen und es geht mit den Minenauf- und abbauarbeiten los. Für die verschiedenen aktuellen Preisszenarios bei Zink und anderen Basismetallen gibt es eine gute TAM-Bewertungsanalyse im stockhouse forum (CAN). Dort werden Preise größer 1 CND genannt. Der Markt scheint es jetzt auch zu realisieren. Seit ein paar Tagen große Volumina und ordentliche Preise. Könnte kurzfristig interessant werden. Hoffentlich ließt noch ein mohi mit.
GLTY
Torte
Antwort auf Beitrag Nr.: 37.781.412 von Torte11 am 14.08.09 12:31:51liest, typo
Antwort auf Beitrag Nr.: 37.781.412 von Torte11 am 14.08.09 12:31:51Hallo Torte11.
Hat das stockhouse-forum irgendwelche Theorien warum tam in der letzten Zeit so stark, bei hohen Umsätzen gestiegen ist. Der Zink/Blei-preis alleine kann es m.e. nicht sein. Da hätte der Anstieg schon etwas eher beginnen können.
- Vermutung einer Finanzierung ?
- Empfehlung eines Börsenbriefs ?
Tam ist eine meiner großen Hoffnungen. Jetzt scheints langsam los zu gehen.
Hat das stockhouse-forum irgendwelche Theorien warum tam in der letzten Zeit so stark, bei hohen Umsätzen gestiegen ist. Der Zink/Blei-preis alleine kann es m.e. nicht sein. Da hätte der Anstieg schon etwas eher beginnen können.
- Vermutung einer Finanzierung ?
- Empfehlung eines Börsenbriefs ?
Tam ist eine meiner großen Hoffnungen. Jetzt scheints langsam los zu gehen.
Antwort auf Beitrag Nr.: 37.781.499 von putzig am 14.08.09 12:42:20hallo putzig,
stelle dir mal die analyse von user mimsan aus dem stockhouse rein mit den verschiedenen annahmen. finde es sehr gut gemacht. bild dir deine eigene meinung dazu.
GLTY
torte
Two more reasons to invest in Tamerlane Ventures Inc. - TAM, as if the case wasn't already fantastic (see why the current target price is 1,65 below):
1. Both MA200 and MA50 has turned and are now bullish. The two last times that occured was in march 2006 and april 2007. Both times the share price doubled!
2. Will USD be haunted by inflation? A dropping USD will boost metal prices.
And metal prices continue to boom, from Kitcometals.com:
Copper August 07,10:04
Bid/Ask 2.7755 - 2.7800
Change +0.0454 +1.66%
Low/High 2.6779 - 2.7927
Zinc August 07,10:03
Bid/Ask 0.8431 - 0.8476
Change +0.0191 +2.31%
Low/High 0.8059 - 0.8490
Lead August 07,10:04
Bid/Ask 0.8553 - 0.8599
Change +0.0185 +2.21%
Low/High 0.8164 - 0.8621
Attached below you'll also find my calculation with price target per 090629 (update note at the bottom):
"As promised I'm posting my calculation with a price target for TAM:
- Brief presentation -
Tamerlane Ventures Inc. (TAM) have several interests, but focus lies on their Pine Point mine containing more than 50 million tonnes historical zinc- and lead ore. Area R-190 has the most highly concentrated ore which is why production is planned here first. All permits, cooperation deals (among them a 10 year electrical power deal starting december 2008) and a top feasibility study is in place which means the company has already finished most of the time consuming preparations to begin construction.
Tamerlane also, according to president and CEO Ross Burns (april 09), has sufficient funds to survive the financial crisis and has managed to retain people that have the critical project knowledge of the project. The company is now looking for a suitable financing solution and has communicated that dilution isn't happening at these stock price levels with respect for their shareholders .
The company is today valued at app. 7,5 MCAD with a shareholder's equity of app. 15 MCAD in the annual report of 2008. With Tamerlane's proven reserves and huge future cash flows this is an astounding valuation. The stock has risen about 200% in just a few months, but according to my calculations this is only peanuts of what the future holds:
- Calculation -
In my calculation below I've only considered the R-190 deposit with the following assumptions:
I'm counting on a financing solution being in place by the end of this year. Construction will take about 1-1,5 years before production and serious cash flow will commence. This is on the 3rd year from now and I'm using a discount rate of 20% considering current market rates lowering my target below price to 58%.
Metal = Zinc and Lead prices are in similar price ranges at the moment so I use an average metal price of $0,74 as of friday's closing price.
Recovery rate = 89% (According to TAM 87-91%).
Production/day = 2500 tonnes (According to TAM 2300-3000 the first 6 months and then 3000)
CAD/USD = 0,8 (According to TAM).
Total nr. of shares = 150M (49M today, but since 15 % of financing will happen through equity dilution is coming).
Tax = I use 35% in my calculation which is a bit over the top and not considering accumulated deficit.
Cash costs and other figures is derived from Tamerlane's feasibilty study from september 2008 and updated november 2008 from www.tamerlaneventures.com.
- Target price -
According to my calculations and the assumptions above TAM should be valued at 1,09 CAD today only considering the R-190.
Worth noticing on the basis of my calculation is the following:
Metal price 0,70 => Stock price 0,95
Metal price 0,85 => Stock price 1,48
Metal price 1,00 => Stock price 2,01
Metal price 1,50 => Stock price 3,79
That's what I call leverage! Considering the short trend in metal prices (+60-70% in the last months) and global finance I wouldn't consinder composing a portfolio, long or short term, without having a portion of TAM in it. That's why I've bought even more stock at this amazing price level. Of course there's also risk combined with such reward and a unlikely return in metal prices to $0,50 would mean TAM should only be valued at 0,24 CAD, meaning only an upward journey of 40% (!) of today's stock price.
And again, notice I'm only calculating the stock price with R-190 in mind, or about 2% of Tamerlane's total resources in the Pine Point, Los Pinos or maybe even Lynne, Oneida County! Considering cash flow from these projects are well into the future they're harder to determine, but initial calculations is showing an estimate of about 1 CAD additional to the above mentioned stock prices.
I hope this, despite my modest calculations, helps you understand the enormous misvaluation and huge potential of TAM if you haven't done this before. If so, then do not sell a single stock, there's a remarkable revaluation just around the corner. "
With current metal prices (0,84) and updated CAD/USD ratio we're looking at a price target after completion of the financing deal at 1,65 CAD!
Good luck with your investment.
stelle dir mal die analyse von user mimsan aus dem stockhouse rein mit den verschiedenen annahmen. finde es sehr gut gemacht. bild dir deine eigene meinung dazu.
GLTY
torte
Two more reasons to invest in Tamerlane Ventures Inc. - TAM, as if the case wasn't already fantastic (see why the current target price is 1,65 below):
1. Both MA200 and MA50 has turned and are now bullish. The two last times that occured was in march 2006 and april 2007. Both times the share price doubled!
2. Will USD be haunted by inflation? A dropping USD will boost metal prices.
And metal prices continue to boom, from Kitcometals.com:
Copper August 07,10:04
Bid/Ask 2.7755 - 2.7800
Change +0.0454 +1.66%
Low/High 2.6779 - 2.7927
Zinc August 07,10:03
Bid/Ask 0.8431 - 0.8476
Change +0.0191 +2.31%
Low/High 0.8059 - 0.8490
Lead August 07,10:04
Bid/Ask 0.8553 - 0.8599
Change +0.0185 +2.21%
Low/High 0.8164 - 0.8621
Attached below you'll also find my calculation with price target per 090629 (update note at the bottom):
"As promised I'm posting my calculation with a price target for TAM:
- Brief presentation -
Tamerlane Ventures Inc. (TAM) have several interests, but focus lies on their Pine Point mine containing more than 50 million tonnes historical zinc- and lead ore. Area R-190 has the most highly concentrated ore which is why production is planned here first. All permits, cooperation deals (among them a 10 year electrical power deal starting december 2008) and a top feasibility study is in place which means the company has already finished most of the time consuming preparations to begin construction.
Tamerlane also, according to president and CEO Ross Burns (april 09), has sufficient funds to survive the financial crisis and has managed to retain people that have the critical project knowledge of the project. The company is now looking for a suitable financing solution and has communicated that dilution isn't happening at these stock price levels with respect for their shareholders .
The company is today valued at app. 7,5 MCAD with a shareholder's equity of app. 15 MCAD in the annual report of 2008. With Tamerlane's proven reserves and huge future cash flows this is an astounding valuation. The stock has risen about 200% in just a few months, but according to my calculations this is only peanuts of what the future holds:
- Calculation -
In my calculation below I've only considered the R-190 deposit with the following assumptions:
I'm counting on a financing solution being in place by the end of this year. Construction will take about 1-1,5 years before production and serious cash flow will commence. This is on the 3rd year from now and I'm using a discount rate of 20% considering current market rates lowering my target below price to 58%.
Metal = Zinc and Lead prices are in similar price ranges at the moment so I use an average metal price of $0,74 as of friday's closing price.
Recovery rate = 89% (According to TAM 87-91%).
Production/day = 2500 tonnes (According to TAM 2300-3000 the first 6 months and then 3000)
CAD/USD = 0,8 (According to TAM).
Total nr. of shares = 150M (49M today, but since 15 % of financing will happen through equity dilution is coming).
Tax = I use 35% in my calculation which is a bit over the top and not considering accumulated deficit.
Cash costs and other figures is derived from Tamerlane's feasibilty study from september 2008 and updated november 2008 from www.tamerlaneventures.com.
- Target price -
According to my calculations and the assumptions above TAM should be valued at 1,09 CAD today only considering the R-190.
Worth noticing on the basis of my calculation is the following:
Metal price 0,70 => Stock price 0,95
Metal price 0,85 => Stock price 1,48
Metal price 1,00 => Stock price 2,01
Metal price 1,50 => Stock price 3,79
That's what I call leverage! Considering the short trend in metal prices (+60-70% in the last months) and global finance I wouldn't consinder composing a portfolio, long or short term, without having a portion of TAM in it. That's why I've bought even more stock at this amazing price level. Of course there's also risk combined with such reward and a unlikely return in metal prices to $0,50 would mean TAM should only be valued at 0,24 CAD, meaning only an upward journey of 40% (!) of today's stock price.
And again, notice I'm only calculating the stock price with R-190 in mind, or about 2% of Tamerlane's total resources in the Pine Point, Los Pinos or maybe even Lynne, Oneida County! Considering cash flow from these projects are well into the future they're harder to determine, but initial calculations is showing an estimate of about 1 CAD additional to the above mentioned stock prices.
I hope this, despite my modest calculations, helps you understand the enormous misvaluation and huge potential of TAM if you haven't done this before. If so, then do not sell a single stock, there's a remarkable revaluation just around the corner. "
With current metal prices (0,84) and updated CAD/USD ratio we're looking at a price target after completion of the financing deal at 1,65 CAD!
Good luck with your investment.
Aus dem Stockhouse geklaut
E-Mail von User Fierze an Ross F. Burns
1. It has now been about 6 weeks since Tamerlanes announcement of short term financing, due to be closed in late september. However, no more information has been disclosed since then. Considering Tamerlanes need for short term financing, the lack of communication from the company on this matter is a bit worrying. As a shareholder, I naturally want to avoid a situation of Tamerlane becoming insolvent. Can you give any more information about Tamerlanes current financial position?
2.David Swisher recently resigned as Tamerlanes project manager. Can yougive any information as to why Mr. Swisher chose to leave the companyat this stage, despite the improving conditions (rising metal prices) for the Pine Point project? Was it for personal reasons, was he simply given a better offer at Avalon Rare Metals or were there other reasons?
Pleasereply to these questions when you can find the time, in which case Iwill pass on the answers to a broader audience of european investors.
Answers (Ross Burns):
1.The answer to the first question is that I am in Toronto at this momentraising money for the company. We were unable to proceed before forvarious reasons. TAM will not become insolvent.
2.David left for reasons that did not involve TAM. He really wanted tobuild the mine and regretted not being able to do so. I have noknowledge of any agreement that he made with Avalon but they needed hispermitting expertise that he demonstrated with TAM, which now has allits permits and is ready to go. The recent increases in lead and zincprices (1.09 and 1.02 respectively) and their continued uptrend bodewell for financing this project.
Ross F. Burns
President & CEO
Tamerlane Ventures Inc.
E-Mail von User Fierze an Ross F. Burns
1. It has now been about 6 weeks since Tamerlanes announcement of short term financing, due to be closed in late september. However, no more information has been disclosed since then. Considering Tamerlanes need for short term financing, the lack of communication from the company on this matter is a bit worrying. As a shareholder, I naturally want to avoid a situation of Tamerlane becoming insolvent. Can you give any more information about Tamerlanes current financial position?
2.David Swisher recently resigned as Tamerlanes project manager. Can yougive any information as to why Mr. Swisher chose to leave the companyat this stage, despite the improving conditions (rising metal prices) for the Pine Point project? Was it for personal reasons, was he simply given a better offer at Avalon Rare Metals or were there other reasons?
Pleasereply to these questions when you can find the time, in which case Iwill pass on the answers to a broader audience of european investors.
Answers (Ross Burns):
1.The answer to the first question is that I am in Toronto at this momentraising money for the company. We were unable to proceed before forvarious reasons. TAM will not become insolvent.
2.David left for reasons that did not involve TAM. He really wanted tobuild the mine and regretted not being able to do so. I have noknowledge of any agreement that he made with Avalon but they needed hispermitting expertise that he demonstrated with TAM, which now has allits permits and is ready to go. The recent increases in lead and zincprices (1.09 and 1.02 respectively) and their continued uptrend bodewell for financing this project.
Ross F. Burns
President & CEO
Tamerlane Ventures Inc.
es tut sich wieder was, am PP beteiligt sich wenigstens aus der CEO und das weitere Management, die glauben scheinbar an den Erfolg:
Tamerlane announces updated private placement terms
8:16 PM ET, December 3, 2009
BLAINE, WA, Dec. 3, 2009 (Canada NewsWire via COMTEX) -- Tamerlane Ventures Inc. (TAM: TSX-V) (the "Company") announced today that, subject to board and regulatory approval, the Company has updated the terms of its previously announced private placement. The Company intends to complete an offering of up to 6,111,111 units (each a "Unit") priced at C$0.18 per Unit, for aggregate proceeds of up to C$1.1 million. Each Unit will consist of one common share of the Company, one-half of a C$0.25 common share purchase warrant (each an "A Warrant"), and one-half of a C$0.32 common share purchase warrant (each a "B Warrant"). Each whole A Warrant will be exercisable to acquire an additional common share of the Company at the exercise price of C$0.25 per share and each whole B Warrant will be exercisable to acquire an additional common share of the Company at the exercise price of C$0.32 per share, and will expire 18 months following the date of closing (the "Warrant Expiry Date"), provided however, that in the event that the average closing price of the Company's common shares on the TSX-V (or such other exchange on which such shares may be listed) is equal to or greater than C$0.32 for a period of 30 consecutive trading days, the Company may, at its option, accelerate the Warrant Expiry Date by giving written notice thereof. In such case, the Warrant Expiry Date will be the twentieth day after the date on which notice of acceleration is provided by the Company.
The proceeds from the offering will be used for general corporate and working capital purposes.
Kingsdale Capital Markets Inc. ("Kingsdale") will act as agent under the private placement. As consideration for its services as agent, Kingsdale will receive a cash commission equal to 6% of the gross proceeds of the offering, excluding proceeds received from President's List subscribers, plus 2% of the gross proceeds received from President's List subscribers. Kingsdale will also be granted compensation warrants to acquire that number of Units equal to 8% of the number of Units sold, excluding President's List subscribers, exercisable at the price of C$0.18 per Unit, plus compensation warrants to acquire that number of Units equal to 2% of the Units sold to President's List subscribers, also exercisable at the price of C$0.18 per Unit.
Kingsdale will also have the option, exercisable for a period of 30 days following closing, to purchase up to an additional 15% of the Units offered to cover over-allotments and for market stabilization purposes.
Ross F. Burns, the President and CEO of the Company, and Cowan McKinney, a director of the Company, are expected to participate in the offering, and will each subscribe for approximately 4.5% (or 277,778) of the Units available thereunder. Mr. Burns and Mr. McKinney currently hold, directly or indirectly, approximately 2.9% and 0.86% of the issued and outstanding common shares of the Company, respectively, and, immediately following the completing of the offering, will be expected to hold, directly or indirectly, approximately 3.1% and 1.23% of the then issued and outstanding common shares of the Company, respectively.
All of the securities issued pursuant to the private placement will be subject to a four-month hold period. Quelle:http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h…" target="_blank" rel="nofollow ugc noopener">http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h…
Tamerlane announces updated private placement terms
8:16 PM ET, December 3, 2009
BLAINE, WA, Dec. 3, 2009 (Canada NewsWire via COMTEX) -- Tamerlane Ventures Inc. (TAM: TSX-V) (the "Company") announced today that, subject to board and regulatory approval, the Company has updated the terms of its previously announced private placement. The Company intends to complete an offering of up to 6,111,111 units (each a "Unit") priced at C$0.18 per Unit, for aggregate proceeds of up to C$1.1 million. Each Unit will consist of one common share of the Company, one-half of a C$0.25 common share purchase warrant (each an "A Warrant"), and one-half of a C$0.32 common share purchase warrant (each a "B Warrant"). Each whole A Warrant will be exercisable to acquire an additional common share of the Company at the exercise price of C$0.25 per share and each whole B Warrant will be exercisable to acquire an additional common share of the Company at the exercise price of C$0.32 per share, and will expire 18 months following the date of closing (the "Warrant Expiry Date"), provided however, that in the event that the average closing price of the Company's common shares on the TSX-V (or such other exchange on which such shares may be listed) is equal to or greater than C$0.32 for a period of 30 consecutive trading days, the Company may, at its option, accelerate the Warrant Expiry Date by giving written notice thereof. In such case, the Warrant Expiry Date will be the twentieth day after the date on which notice of acceleration is provided by the Company.
The proceeds from the offering will be used for general corporate and working capital purposes.
Kingsdale Capital Markets Inc. ("Kingsdale") will act as agent under the private placement. As consideration for its services as agent, Kingsdale will receive a cash commission equal to 6% of the gross proceeds of the offering, excluding proceeds received from President's List subscribers, plus 2% of the gross proceeds received from President's List subscribers. Kingsdale will also be granted compensation warrants to acquire that number of Units equal to 8% of the number of Units sold, excluding President's List subscribers, exercisable at the price of C$0.18 per Unit, plus compensation warrants to acquire that number of Units equal to 2% of the Units sold to President's List subscribers, also exercisable at the price of C$0.18 per Unit.
Kingsdale will also have the option, exercisable for a period of 30 days following closing, to purchase up to an additional 15% of the Units offered to cover over-allotments and for market stabilization purposes.
Ross F. Burns, the President and CEO of the Company, and Cowan McKinney, a director of the Company, are expected to participate in the offering, and will each subscribe for approximately 4.5% (or 277,778) of the Units available thereunder. Mr. Burns and Mr. McKinney currently hold, directly or indirectly, approximately 2.9% and 0.86% of the issued and outstanding common shares of the Company, respectively, and, immediately following the completing of the offering, will be expected to hold, directly or indirectly, approximately 3.1% and 1.23% of the then issued and outstanding common shares of the Company, respectively.
All of the securities issued pursuant to the private placement will be subject to a four-month hold period. Quelle:http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h…" target="_blank" rel="nofollow ugc noopener">http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h…
Newsletter von TAM (per Email):
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announced today that effective December 17, 2009, it has completed an initial closing in respect of its previously announced private placement of units (each a “Unit”), priced at C$0.18 per Unit. Each Unit consists of one common share plus a one half of a $0.25 warrant and one half of a $0.32 warrant, each with an 18 month term. Pursuant to such closing, the Company has issued 5,638,888 Units for total gross proceeds of to C$1,015,000. The proceeds from the offering are being used for general corporate and working capital purposes.
Kingsdale Capital Markets Inc. and Kingsdale Capital Markets (USA) Inc. (collectively, “Kingsdale”) have acted as agent under the private placement. As consideration for its services as agent, Kingsdale has received a cash commission of $56,900 and compensation warrants to acquire 417,778 Units at the exercise price of C$0.18 per Unit, expiring June 17, 2011. All of the securities issued pursuant to the private placement are subject to a four-month hold period, which will expire April 18, 2010.
Ross F. Burns, the President and CEO of the Company, and Cowan McKinney, a director of the Company, participated in the offering, each subscribing for approximately 4.9% (or 277,778) of the Units sold. Mr. Burns and Mr. McKinney currently hold, directly or indirectly, approximately 3.12% and 1.24% of the issued and outstanding common shares of the Company, respectively.
“Tamerlane is pleased to complete this portion of the private placement and looks forward to advancing the Pine Point project.” commented Ross F. Burns, President & CEO of Tamerlane.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Ross F. Burns”
President & CEO
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.com
Phone: (360) 332-4653
Toll Free: (877) 284-6535
Website: www.tamerlaneventures.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. >
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Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announced today that effective December 17, 2009, it has completed an initial closing in respect of its previously announced private placement of units (each a “Unit”), priced at C$0.18 per Unit. Each Unit consists of one common share plus a one half of a $0.25 warrant and one half of a $0.32 warrant, each with an 18 month term. Pursuant to such closing, the Company has issued 5,638,888 Units for total gross proceeds of to C$1,015,000. The proceeds from the offering are being used for general corporate and working capital purposes.
Kingsdale Capital Markets Inc. and Kingsdale Capital Markets (USA) Inc. (collectively, “Kingsdale”) have acted as agent under the private placement. As consideration for its services as agent, Kingsdale has received a cash commission of $56,900 and compensation warrants to acquire 417,778 Units at the exercise price of C$0.18 per Unit, expiring June 17, 2011. All of the securities issued pursuant to the private placement are subject to a four-month hold period, which will expire April 18, 2010.
Ross F. Burns, the President and CEO of the Company, and Cowan McKinney, a director of the Company, participated in the offering, each subscribing for approximately 4.9% (or 277,778) of the Units sold. Mr. Burns and Mr. McKinney currently hold, directly or indirectly, approximately 3.12% and 1.24% of the issued and outstanding common shares of the Company, respectively.
“Tamerlane is pleased to complete this portion of the private placement and looks forward to advancing the Pine Point project.” commented Ross F. Burns, President & CEO of Tamerlane.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Ross F. Burns”
President & CEO
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.com
Phone: (360) 332-4653
Toll Free: (877) 284-6535
Website: www.tamerlaneventures.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. >
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Schöne Umsätze heute drüben. Mal sehen was noch kommt.....
Wieder ´ne Mail von TAM:
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces it has completed a second closing in respect of its previously announced private placement of units (the “Offering”), today issuing 1,388,889 additional units for gross proceeds of C$250,000. The Offering, which included a 15% over-allotment option, was fully subscribed.
The initial closing in respect of the Offering occurred on December 17, 2009, and resulted 5,638,888 units being issued and sold by the Company for gross proceeds of C$1,015,000. Total gross proceeds of the Offering were C$1,265,000.
The net proceeds from the Offering will be used for general corporate and working capital purposes.
Kingsdale Capital Markets Inc. and Kingsdale Capital Markets (USA) Inc. (collectively, “Kingsdale”) acted as agents under the Offering. As consideration for its services as agent in respect of the second closing, Kingsdale received (i) a cash commission of $15,000 and (ii) compensation warrants to acquire up to 111,111 units at the exercise price of C$0.18 per unit, expiring June 21, 2011.
All of the securities issued pursuant to the second closing are subject to a four-month hold period, which will expire April 22, 2010.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Ross F. Burns”
President & CEO
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.com
Phone: (360) 332-4653
Toll Free: (877) 284-6535
Website: www.tamerlaneventures.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
IF YOU WOULD LIKE OF THE MAILING LIST PLEASE ADVISE…
Cheers,
Peter A. Ball
Director, Investor Relations
Tamerlane Ventures Inc. - TSX-V: TAM
441 Peace Portal Drive
Blaine, Washington 98230
E: pball@tamerlaneventures.com
W: http://www.tamerlaneventures.com
T: 360.332.4653
C: 360.927.2642
F: 360.332.4652
TF: 877.284.6535
Skype: Peter.Ball2007
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces it has completed a second closing in respect of its previously announced private placement of units (the “Offering”), today issuing 1,388,889 additional units for gross proceeds of C$250,000. The Offering, which included a 15% over-allotment option, was fully subscribed.
The initial closing in respect of the Offering occurred on December 17, 2009, and resulted 5,638,888 units being issued and sold by the Company for gross proceeds of C$1,015,000. Total gross proceeds of the Offering were C$1,265,000.
The net proceeds from the Offering will be used for general corporate and working capital purposes.
Kingsdale Capital Markets Inc. and Kingsdale Capital Markets (USA) Inc. (collectively, “Kingsdale”) acted as agents under the Offering. As consideration for its services as agent in respect of the second closing, Kingsdale received (i) a cash commission of $15,000 and (ii) compensation warrants to acquire up to 111,111 units at the exercise price of C$0.18 per unit, expiring June 21, 2011.
All of the securities issued pursuant to the second closing are subject to a four-month hold period, which will expire April 22, 2010.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Ross F. Burns”
President & CEO
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.com
Phone: (360) 332-4653
Toll Free: (877) 284-6535
Website: www.tamerlaneventures.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
IF YOU WOULD LIKE OF THE MAILING LIST PLEASE ADVISE…
Cheers,
Peter A. Ball
Director, Investor Relations
Tamerlane Ventures Inc. - TSX-V: TAM
441 Peace Portal Drive
Blaine, Washington 98230
E: pball@tamerlaneventures.com
W: http://www.tamerlaneventures.com
T: 360.332.4653
C: 360.927.2642
F: 360.332.4652
TF: 877.284.6535
Skype: Peter.Ball2007
Tam ist meine beste investition so far. 1 CAD ist sicher noch drinn. In Hingesicht zu Zinc Preissen Tam ist sehr billig. Ich habe doch bereuung, dass ich nicht mehr gekauft habe wenn Tam neulich zuruckgegangen war. Also muss doch Emotionen auschalten.
TAM-Newsletter per Email vom 29.12.09:
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 2,380,950 flow-through units at Cdn$0.21 per unit, with each unit comprised of one flow-through share and one half warrant for a common share in the Company for gross proceeds of up to Cdn$500,000. Each full warrant will be exercisable for 18 months at a price of $0.40. Tamerlane will pay a finder’s fee of 6% cash and 8% broker warrants in respect of investors introduced to the Company. All of the securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than December 31, 2009.
The proceeds of the private placement will be used for surface drilling and exploration to upgrade resources at the Company’s Pine Point zinc-lead property in the Northwest Territories, Canada.
“We are very pleased to be continuing our relationship with MineralFields Group,” said Ross F. Burns, President and CEO of Tamerlane, “The funds will be used for an immediate winter drilling program at the Pine Point Property which will expand our resource base.”
About MineralFields, Pathway and First Canadian Securities ®
MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, Montreal and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Ross F. Burns”
President & CEO
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.com
Phone: (360) 332-4653
Toll Free: (877) 284-6535
Website: www.tamerlaneventures.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
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Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 2,380,950 flow-through units at Cdn$0.21 per unit, with each unit comprised of one flow-through share and one half warrant for a common share in the Company for gross proceeds of up to Cdn$500,000. Each full warrant will be exercisable for 18 months at a price of $0.40. Tamerlane will pay a finder’s fee of 6% cash and 8% broker warrants in respect of investors introduced to the Company. All of the securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than December 31, 2009.
The proceeds of the private placement will be used for surface drilling and exploration to upgrade resources at the Company’s Pine Point zinc-lead property in the Northwest Territories, Canada.
“We are very pleased to be continuing our relationship with MineralFields Group,” said Ross F. Burns, President and CEO of Tamerlane, “The funds will be used for an immediate winter drilling program at the Pine Point Property which will expand our resource base.”
About MineralFields, Pathway and First Canadian Securities ®
MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, Montreal and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Ross F. Burns”
President & CEO
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.com
Phone: (360) 332-4653
Toll Free: (877) 284-6535
Website: www.tamerlaneventures.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
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TAM-Newsletter per Email vom 04.01.10:
Betreff:
Tamerlane Closes $500,000 Flow-Through Private Placement with MineralFields Group
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces that further to its press release dated December 28, 2009, it has closed the flow-through non-brokered private placement, and has issued 2,380,950 flow-through Units ("FT Unit") at a purchase price of $0.21 per FT Unit for gross proceeds of $500,000. Each FT Unit consists of one flow-through common share of the Company and one-half of one common share purchase warrant with a term of 18 months from the date of closing. Each whole warrant will entitle the holder to acquire one additional non-flow-through common share of the Company at an exercise price of $0.40.
Tamerlane has paid a cash finder's fee of $30,000 to the MineralFields Group and has issued 190,476 finder’s options to the MineralFields Group. Each finder’s option is exercisable for non-flow-through units on terms similar to the FT Units. All securities issued under this private placement will be subject to a four-month hold period.
The proceeds of the private placement will be used for the immediate commencement of surface drilling and exploration to upgrade resources at the Company’s Pine Point zinc-lead property in the Northwest Territories, Canada.
“We are very pleased with this financing with the MineralFields Group,” said Ross F. Burns, President and CEO of Tamerlane, “With the financings that we have completed during the last month, the Company now has the necessary cash in its treasury to advance the Pine Point project to the next step.”
About MineralFields, Pathway and First Canadian Securities ®
MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, Montreal and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Ross F. Burns”
President & CEO
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.com
Phone: (360) 332-4653
Toll Free: (877) 284-6535
Website: www.tamerlaneventures.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
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Betreff:
Tamerlane Closes $500,000 Flow-Through Private Placement with MineralFields Group
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces that further to its press release dated December 28, 2009, it has closed the flow-through non-brokered private placement, and has issued 2,380,950 flow-through Units ("FT Unit") at a purchase price of $0.21 per FT Unit for gross proceeds of $500,000. Each FT Unit consists of one flow-through common share of the Company and one-half of one common share purchase warrant with a term of 18 months from the date of closing. Each whole warrant will entitle the holder to acquire one additional non-flow-through common share of the Company at an exercise price of $0.40.
Tamerlane has paid a cash finder's fee of $30,000 to the MineralFields Group and has issued 190,476 finder’s options to the MineralFields Group. Each finder’s option is exercisable for non-flow-through units on terms similar to the FT Units. All securities issued under this private placement will be subject to a four-month hold period.
The proceeds of the private placement will be used for the immediate commencement of surface drilling and exploration to upgrade resources at the Company’s Pine Point zinc-lead property in the Northwest Territories, Canada.
“We are very pleased with this financing with the MineralFields Group,” said Ross F. Burns, President and CEO of Tamerlane, “With the financings that we have completed during the last month, the Company now has the necessary cash in its treasury to advance the Pine Point project to the next step.”
About MineralFields, Pathway and First Canadian Securities ®
MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, Montreal and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Ross F. Burns”
President & CEO
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.com
Phone: (360) 332-4653
Toll Free: (877) 284-6535
Website: www.tamerlaneventures.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
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Ja TAM lebt noch. Neues Jahr neues Glück. Wollen hoffen das die Rohstoffpreise nicht wieder einbrechen....
Mal sehen was noch kommt.
Mal sehen was noch kommt.
Wieder 10 % + im Höchst bei 40 cent. 1 Mio Stück Umsatz.
Ich glaube hier ist niemand mehr investiert ausser mir.
Macht nix - freue mich eben alleine.
Ich glaube hier ist niemand mehr investiert ausser mir.
Macht nix - freue mich eben alleine.
Antwort auf Beitrag Nr.: 38.688.210 von Rohstoffinvestor am 07.01.10 21:15:08Doch, ich
schon länger, schweige und genieße
Tamerlane wurde bei Tommy mal als Tenbagger berechnet. Da war aber der damalige Einstandskurs noch weit über dem jetzigen.
Ich habe da ein gute Gefühl. Mini PP´s, kaum Verwässerung, steigende Blei und Zinn- Preise (gefühlsmäßig mehr als bei Kupfer und Gold, aber niemand redet darüber). Hohe Umsätze die letzten Tage.
Ich gehe nicht davon aus, das dies ein Zufall ist. Da könnte was kommen.
schon länger, schweige und genieße
Tamerlane wurde bei Tommy mal als Tenbagger berechnet. Da war aber der damalige Einstandskurs noch weit über dem jetzigen.
Ich habe da ein gute Gefühl. Mini PP´s, kaum Verwässerung, steigende Blei und Zinn- Preise (gefühlsmäßig mehr als bei Kupfer und Gold, aber niemand redet darüber). Hohe Umsätze die letzten Tage.
Ich gehe nicht davon aus, das dies ein Zufall ist. Da könnte was kommen.
Antwort auf Beitrag Nr.: 38.688.607 von putzig am 07.01.10 21:52:01Hallo putzig.
Freut mich das wir schon 2 sind.
Ja es war mal eine Tenbagger-Empfehlung. Das größte definierte Basisvorkommen..... Wenn man sieht das wir schon bei 2,50 Euro waren.
Ich wäre schon mit 50 cent zufrieden da ich billig nachgekauft habe.
Hoffe - das wir uns weiter freuen können.
Freut mich das wir schon 2 sind.
Ja es war mal eine Tenbagger-Empfehlung. Das größte definierte Basisvorkommen..... Wenn man sieht das wir schon bei 2,50 Euro waren.
Ich wäre schon mit 50 cent zufrieden da ich billig nachgekauft habe.
Hoffe - das wir uns weiter freuen können.
Antwort auf Beitrag Nr.: 38.688.731 von Rohstoffinvestor am 07.01.10 22:02:37wollte ich auch schon schreiben, dass ich günstig nachgekauft habe.
Aber 0,50 Eurocent sind nicht mein Ziel, dafür bin ich auch schon zu lange dabei. Ich hoffe in 2010 auf weitere steigende Kurse von Zinn/Blei und dann entweder auf ein JV a`la Selwyn Res oder eine Fremdfinanzierung zum Aufbau einer Mine. (jeweils bitte ohne Verwässerung). Wobei mir aber ein JV (so 50/50) lieber wäre, da ich mir nicht sicher bin ob das jetzige Management eine Ahnung vom Aufbau / Betrieb einer Mine hat.
Aber 0,50 Eurocent sind nicht mein Ziel, dafür bin ich auch schon zu lange dabei. Ich hoffe in 2010 auf weitere steigende Kurse von Zinn/Blei und dann entweder auf ein JV a`la Selwyn Res oder eine Fremdfinanzierung zum Aufbau einer Mine. (jeweils bitte ohne Verwässerung). Wobei mir aber ein JV (so 50/50) lieber wäre, da ich mir nicht sicher bin ob das jetzige Management eine Ahnung vom Aufbau / Betrieb einer Mine hat.
Antwort auf Beitrag Nr.: 38.688.976 von putzig am 07.01.10 22:24:44Natürlich hoffe ich auf mehr als 50 cent. Da liegst du richtig - ein JV oder ähnliches würde natürlich den Minenaufbau ohne große Verwässerung der Aktienanteile ev. ermöglichen.
Auf jeden Fall haben die was im Boden was andere interessiert.
Zum Management kann ich nichts sagen.
Wird spannend in 2010.....
Auf jeden Fall haben die was im Boden was andere interessiert.
Zum Management kann ich nichts sagen.
Wird spannend in 2010.....
vielleicht erfahren wir nachher etwas:
January 17-18, 2010 Vancouver Resource Investment Conference – Vancouver, British Columbia, Canada
Please visit our booth #P12 at the Hyatt Regency Hotel – Plaza Level
Register at www.cambridgehouse.ca. See you there!
January 17-18, 2010 Vancouver Resource Investment Conference – Vancouver, British Columbia, Canada
Please visit our booth #P12 at the Hyatt Regency Hotel – Plaza Level
Register at www.cambridgehouse.ca. See you there!
Antwort auf Beitrag Nr.: 38.689.097 von Rohstoffinvestor am 07.01.10 22:39:37Moin,
dann bin ich huier der dritte im Bunde,
schöne Anstiege die letzten Tage, da wird etwas kommen....
eifel
dann bin ich huier der dritte im Bunde,
schöne Anstiege die letzten Tage, da wird etwas kommen....
eifel
Antwort auf Beitrag Nr.: 38.689.121 von eifelcash am 07.01.10 22:43:41Hallo Eifel.
Willkommen.
Es werden immer mehr Musketiere . Fehlt nur noch einer dann sind wir 4.
Willkommen.
Es werden immer mehr Musketiere . Fehlt nur noch einer dann sind wir 4.
Antwort auf Beitrag Nr.: 38.689.155 von Rohstoffinvestor am 07.01.10 22:51:32Na gut, dann gebe ich mal den D´Artagnan!
Bin auch schon seit 2006/07 dabei und habe leider nicht nachgekauft. Bis zu meinem Kaufkurs ist´s noch ein gutes Stück Weg. Aber nun habe ich ja meine tapferen 3 Begleiter!
Bonne nuit!
Bin auch schon seit 2006/07 dabei und habe leider nicht nachgekauft. Bis zu meinem Kaufkurs ist´s noch ein gutes Stück Weg. Aber nun habe ich ja meine tapferen 3 Begleiter!
Bonne nuit!
Antwort auf Beitrag Nr.: 38.689.552 von Qnibert am 08.01.10 00:51:58na dann lass uns vier mal mit unserem edlen Schlachtroß Tamerlane in die Schlacht ziehen
Wer von uns vier hat den Ahnung zu den Qualitäten den Managements ?
Wer von uns vier hat den Ahnung zu den Qualitäten den Managements ?
Antwort auf Beitrag Nr.: 38.691.118 von putzig am 08.01.10 10:44:53Hallo Ihr Vier,
ich bin auch ein "Tommy-Opfer" und stehe gemeinsam mit Euch auf dem Schlachtfeld. Habe im April 08 füt 0,66 € gekauft. Tommy hat sich mit ./. 84 % von der Aktie getrennt, ich halte durch, nur noch 69 % im Minus, es sah schon viel schlimmer aus. Altona lief ähnlich schlecht, Tommy hat sie mit + 12 % verkauft, ich liege mittlerweile mit 50 % im Plus. Meistens siegt mein Bauchgefühl.
ich bin auch ein "Tommy-Opfer" und stehe gemeinsam mit Euch auf dem Schlachtfeld. Habe im April 08 füt 0,66 € gekauft. Tommy hat sich mit ./. 84 % von der Aktie getrennt, ich halte durch, nur noch 69 % im Minus, es sah schon viel schlimmer aus. Altona lief ähnlich schlecht, Tommy hat sie mit + 12 % verkauft, ich liege mittlerweile mit 50 % im Plus. Meistens siegt mein Bauchgefühl.
Antwort auf Beitrag Nr.: 38.693.348 von Knockerl am 08.01.10 14:23:49Nicht zu vergessen Otto Energy ... 
Naja, bei Altona Ernergy sieht es als einiges ja wirklich gut aus...
Grüße
hobiewaters
Naja, bei Altona Ernergy sieht es als einiges ja wirklich gut aus...
Grüße
hobiewaters
Antwort auf Beitrag Nr.: 38.693.348 von Knockerl am 08.01.10 14:23:49>>Tommy hat sich mit ./. 84 % von der Aktie getrennt
Also die Schlussfolgerung ist, was einstiegsmoment und aussteigen betrifft hat naturlich Tommy ein Fehler gemacht, weil Zink Preisse konnen nicht lange bei 0.5 US/lb bleiben wie das in 2008 war, also sollte auch Tam bessere Chansen haben, wenn Zink Preisse wieder steigen. das war die logische schlussfolgerung warum sollte am Tiefsten punkt nicht verkaufen. NIEMALS am Boden verkaufen!! Bin auch lange dabei - habe zwar bei 0.8 CAd eingestiegen aber dann bei 0.05-0.06 CAD wieder eingekauft. Niemals jemandem hinterherrennen.
Also die Schlussfolgerung ist, was einstiegsmoment und aussteigen betrifft hat naturlich Tommy ein Fehler gemacht, weil Zink Preisse konnen nicht lange bei 0.5 US/lb bleiben wie das in 2008 war, also sollte auch Tam bessere Chansen haben, wenn Zink Preisse wieder steigen. das war die logische schlussfolgerung warum sollte am Tiefsten punkt nicht verkaufen. NIEMALS am Boden verkaufen!! Bin auch lange dabei - habe zwar bei 0.8 CAd eingestiegen aber dann bei 0.05-0.06 CAD wieder eingekauft. Niemals jemandem hinterherrennen.
Antwort auf Beitrag Nr.: 38.693.833 von recession am 08.01.10 15:00:40Hi,
ich habe das Tommy Depot auch nachgebildet, das Ergebnis kennt ihr ja alle, dennoch er war ja auf der Jagd nach Tenbaggern...ich bin nicht ganz so anspruchsvoll und habe alle gehalten.
So langsam zeichnet sich wieder ein Ausgang aus dem Tal der Tränen ab und einige Sachen laufen richtig gut.
Für schnelles Geld ist es besser in eine Spielbank zu gehen.
Hoffen wir das Beste und verfolgen die Unternehmensentwicklungen weiter.
eifel
ich habe das Tommy Depot auch nachgebildet, das Ergebnis kennt ihr ja alle, dennoch er war ja auf der Jagd nach Tenbaggern...ich bin nicht ganz so anspruchsvoll und habe alle gehalten.
So langsam zeichnet sich wieder ein Ausgang aus dem Tal der Tränen ab und einige Sachen laufen richtig gut.
Für schnelles Geld ist es besser in eine Spielbank zu gehen.
Hoffen wir das Beste und verfolgen die Unternehmensentwicklungen weiter.
eifel
Hallo - jetzt sind wir ja schon die glorreichen Sieben....
Spaß beiseite - das Ding ist noch nicht angeschrieben.
Ich habe tommy im Otto Energy Thread mal angefragt ob er eine Einschätzung zu TAM geben könne da ich ja auch auf seine Empfehlung hier schon lange eingestiegen bin und zum Gück nochmals billig nachgekauft habe.
meine Frage:
Könnte ich noch eine Kurzeinschätzung zu Tamerlane und Altona haben. (in den jeweiligen Threads)
Tommys Antwort:
Hallo Rohstoffinvestor (bin auch einer):
Tamerlane und Altona hatte ich beide verkauft und mich seitdem nicht mehr darum gekümmert. Zurzeit arbeite ich an zwei Researchs (Pharma-Aktie und Nahrungsmittel-Aktie) und werde mir nach Abschluss Tamerlane und Altona anschauen.
Die Preise für Basismetalle sind ja auch gestiegen, so dass TAM evtl. wieder interessant werden könnte, wobei nach meinem letzten Stand die Klärung der Projekt-Finanzierung absolut bedeutend ist.
Gruß
Tommy
Ich denke er lag richtig mit seiner Tenbagger Empfehlung - man braucht halt Geduld und einen günstigen Einstiegskurs.....
Spaß beiseite - das Ding ist noch nicht angeschrieben.
Ich habe tommy im Otto Energy Thread mal angefragt ob er eine Einschätzung zu TAM geben könne da ich ja auch auf seine Empfehlung hier schon lange eingestiegen bin und zum Gück nochmals billig nachgekauft habe.
meine Frage:
Könnte ich noch eine Kurzeinschätzung zu Tamerlane und Altona haben. (in den jeweiligen Threads)
Tommys Antwort:
Hallo Rohstoffinvestor (bin auch einer):
Tamerlane und Altona hatte ich beide verkauft und mich seitdem nicht mehr darum gekümmert. Zurzeit arbeite ich an zwei Researchs (Pharma-Aktie und Nahrungsmittel-Aktie) und werde mir nach Abschluss Tamerlane und Altona anschauen.
Die Preise für Basismetalle sind ja auch gestiegen, so dass TAM evtl. wieder interessant werden könnte, wobei nach meinem letzten Stand die Klärung der Projekt-Finanzierung absolut bedeutend ist.
Gruß
Tommy
Ich denke er lag richtig mit seiner Tenbagger Empfehlung - man braucht halt Geduld und einen günstigen Einstiegskurs.....
Es waren ja genug einstiegsmomente in letzten Jahr. Man sollte jetzt nicht spezifische Aktie rausnehmen. man sollte nur nicht schiss haben einzusteigen. meistens in meinem depot hat sich schon jetzt fast alles zu 5-10 baggern entwickelt, aber leider habe ich damals nicht viel genug eingekauft sonst waeren wir ja alle reich wenn das getan haetten. Aber so ein bischen Profit macht zu mindest in diese Krise auch Spass und macht die Verluste allmaehlich gut. Aber der Weg ist noch weit.
Und wieder ein Schritt nach oben.
Weiter so TAM..
Weiter so TAM..
Auf der Homepage von TAM http://www.tamerlaneventures.com/ ist eine neue Präsentation + Fact Sheet online.
Die aktualisierte Financial Analysis sieht gut aus, allerdings deutet "ready for financing" weiterhin das Fehlen derselben an.
Die aktualisierte Financial Analysis sieht gut aus, allerdings deutet "ready for financing" weiterhin das Fehlen derselben an.
Antwort auf Beitrag Nr.: 38.768.133 von Trockentrader am 19.01.10 20:46:34Ja genau das sollte doch zu schaffen sein. Ich denke bei den Aussichten könnte bald ein Finanzier gefunden sein.
Pine Point |Project Quick Facts
READY FOR FINANCING
•
Advanced Zinc-Lead Project
•
All permits in place
•
Feasibility study complete
•
Extensive infrastructure at site including:
–
Existing railroad within 40 kms, hydro power at site, paved road to site
•
Available workforce and community support
•
Significant reserves/resources with additional upside
•
Strategic financing/partner could bring to production in 18 months
•
CapEx / Working Capital required: $US120M to $140M
Nur Geduld und dabeibleiben.
Die Umsätze sollten noch anziehen - ich denke bei dieser Aktie sind nicht mehr viele investiert....
Pine Point |Project Quick Facts
READY FOR FINANCING
•
Advanced Zinc-Lead Project
•
All permits in place
•
Feasibility study complete
•
Extensive infrastructure at site including:
–
Existing railroad within 40 kms, hydro power at site, paved road to site
•
Available workforce and community support
•
Significant reserves/resources with additional upside
•
Strategic financing/partner could bring to production in 18 months
•
CapEx / Working Capital required: $US120M to $140M
Nur Geduld und dabeibleiben.
Die Umsätze sollten noch anziehen - ich denke bei dieser Aktie sind nicht mehr viele investiert....
Und noch was:
Die MK ist lächerlich gering.
Bei 1,50 CAD sind wir immer noch günstig bewertet.
In der Präsentation ist dies gut dargestellt.
Die MK ist lächerlich gering.
Bei 1,50 CAD sind wir immer noch günstig bewertet.
In der Präsentation ist dies gut dargestellt.
Mail von TAM:
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) is pleased to announce that it has commenced confirmatory diamond drilling of the N-204 deposit at the Company’s 100% owned Pine Point Pb Zn Project, located in Northwest Territories, Canada. The deposit has been shown by historical drilling to be a large, open-pitable, low grade deposit and the current drilling is planned to confirm the historic data and provide samples for metallurgical testing of the dense media separation process on the ore.
The new drill program will consist of more than 24 diamond drill holes, totaling up to 1,500 meters. The purpose of this program is to convert historical resources into National Instrument (“NI”) 43-101 compliant resources and provide the metallurgical data necessary to allow a feasibility study to be completed on the N-204 deposit. Completion of a feasibility study on N-204 will enable the N-204 resources to be added as reserves to the existing reserve base, which is detailed in the next paragraph. Drilling is expected to continue through late March or early April 2010, and the results of this drilling program will be used for the continued long-term mine planning of the advanced Pine Point project. The Company has contracted Pro Core Drilling of Hay River, Northwest Territories to complete the drill program.
The Pine Point Project current mineral inventory contains NI 43-101 compliant Proven & Probable reserves of 7.8 million tonnes grading 3.01% Pb and 6.16% Zn, Measured & Indicated resources of 8.0 million tonnes grading 1.13% Pb and 2.26% Zn, and Inferred resources of 4.1 million tonnes grading 0.82% Pb and 2.36% Zn.
In addition, the property hosts noncompliant historical resources totaling approximately 50.9 million tonnes at a grade of 1.24 % Pb and 3.84% Zn, of which the N-204 deposit is a portion. It is noncompliant as a qualified person has not done sufficient work to classify the historical estimate as current mineral resources. The Company is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
About the Pine Point Project
The Pine Point project is an advanced and permitted Pb/Zn project that hosts extensive infrastructure and significant Pb/Zn resources. The project is accessed by paved road, has existing hydro power, and is located 40 kilometers by paved road from the existing rail head at the town of Hay River. A bankable feasibility study was completed in 2008 that identified robust economics and a long mine life. The Company is currently reviewing options for potential mine financing alternatives and mine development, and continuing to build additional reserves through this current targeted confirmation diamond drill program.
Historically, the Pine Point Mine was the largest and most profitable zinc-lead mine in Canadian history having extracted over 64,259,570 tonnes of ore at a grade of 7.0% zinc and 3.1% lead between 1964 and 1987.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class Pb/Zn Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.,
“Ross F. Burns”
President & CEO
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.com
Phone: (360) 332-4653
Toll Free: (877) 284-6535
Website: www.tamerlaneventures.com
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) is pleased to announce that it has commenced confirmatory diamond drilling of the N-204 deposit at the Company’s 100% owned Pine Point Pb Zn Project, located in Northwest Territories, Canada. The deposit has been shown by historical drilling to be a large, open-pitable, low grade deposit and the current drilling is planned to confirm the historic data and provide samples for metallurgical testing of the dense media separation process on the ore.
The new drill program will consist of more than 24 diamond drill holes, totaling up to 1,500 meters. The purpose of this program is to convert historical resources into National Instrument (“NI”) 43-101 compliant resources and provide the metallurgical data necessary to allow a feasibility study to be completed on the N-204 deposit. Completion of a feasibility study on N-204 will enable the N-204 resources to be added as reserves to the existing reserve base, which is detailed in the next paragraph. Drilling is expected to continue through late March or early April 2010, and the results of this drilling program will be used for the continued long-term mine planning of the advanced Pine Point project. The Company has contracted Pro Core Drilling of Hay River, Northwest Territories to complete the drill program.
The Pine Point Project current mineral inventory contains NI 43-101 compliant Proven & Probable reserves of 7.8 million tonnes grading 3.01% Pb and 6.16% Zn, Measured & Indicated resources of 8.0 million tonnes grading 1.13% Pb and 2.26% Zn, and Inferred resources of 4.1 million tonnes grading 0.82% Pb and 2.36% Zn.
In addition, the property hosts noncompliant historical resources totaling approximately 50.9 million tonnes at a grade of 1.24 % Pb and 3.84% Zn, of which the N-204 deposit is a portion. It is noncompliant as a qualified person has not done sufficient work to classify the historical estimate as current mineral resources. The Company is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
About the Pine Point Project
The Pine Point project is an advanced and permitted Pb/Zn project that hosts extensive infrastructure and significant Pb/Zn resources. The project is accessed by paved road, has existing hydro power, and is located 40 kilometers by paved road from the existing rail head at the town of Hay River. A bankable feasibility study was completed in 2008 that identified robust economics and a long mine life. The Company is currently reviewing options for potential mine financing alternatives and mine development, and continuing to build additional reserves through this current targeted confirmation diamond drill program.
Historically, the Pine Point Mine was the largest and most profitable zinc-lead mine in Canadian history having extracted over 64,259,570 tonnes of ore at a grade of 7.0% zinc and 3.1% lead between 1964 and 1987.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class Pb/Zn Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.,
“Ross F. Burns”
President & CEO
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.com
Phone: (360) 332-4653
Toll Free: (877) 284-6535
Website: www.tamerlaneventures.com
Mail von TAM vom 05.03.:
Betreff: Tamerlane To Discuss Pine Point PB ZN Project At PDAC
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) invites all shareholders and prospective investors to visit Tamerlane at booth #2126 during the PDAC conference being held at the Metro Toronto Convention Centre, South Building, Sunday, March 7th through Wednesday, March 10th.
The Company’s senior management team, along with technical and investors relations staff will be present to discuss the progress and activity at the Company’s world-class Pine Point Pb/Zn project, which is located in Northwest Territories, Canada. The project is permitted and has excellent infrastructure including hydro power, paved road and railroad. Tamerlane has a bankable feasibility study on the current reserves, which indicates a robust internal rate of return in excess of 50% at current metal prices.
Recently the Company commenced an exploration and confirmatory diamond drill program in February 2010 to add more reserves. The purpose of the program is to convert some of the existing historical resources on the property into National Instrument (“NI”) 43-101 compliant resources and provide the metallurgical data necessary to allow an additional feasibility study to be completed on the N-204 deposit. Completion of a feasibility study on N-204 will enable the N-204 resources to be added as additional reserves to the reserve base.
"I look forward to meeting the shareholders of Tamerlane and discussing our exciting projects. With the market for lead and zinc looking very promising, the bankable feasibility study completed on the Pine Point Pb/Zn Project is looking even more attractive for future investors and potential financiers," commented Ross F. Burns, President & CEO of Tamerlane.
About the Pine Point Project
The Pine Point project is an advanced and permitted Pb/Zn project that hosts extensive infrastructure and significant Pb/Zn resources. The project is accessed by paved road, has existing hydro power, and is located 40 kilometers by paved road from the existing rail head at the town of Hay River. The Company is currently reviewing options for potential mine financing alternatives and mine development, and continuing to build additional reserves through this current targeted confirmation diamond drill program.
The Pine Point Project mineral inventory contains NI 43-101 compliant Proven & Probable reserves of 7.8 million tonnes grading 3.01% Pb and 6.16% Zn, Measured & Indicated resources of 8.0 million tonnes grading 1.13% Pb and 2.26% Zn, and Inferred resources of 4.1 million tonnes grading 0.82% Pb and 2.36% Zn.
Historically, the Pine Point Mine was the largest and most profitable zinc-lead mine in Canadian history having extracted over 64,259,570 tonnes of ore at a grade of 7.0% zinc and 3.1% lead between 1964 and 1987.
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class Pb/Zn Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.,
“Ross F. Burns”
President & CEO
Betreff: Tamerlane To Discuss Pine Point PB ZN Project At PDAC
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) invites all shareholders and prospective investors to visit Tamerlane at booth #2126 during the PDAC conference being held at the Metro Toronto Convention Centre, South Building, Sunday, March 7th through Wednesday, March 10th.
The Company’s senior management team, along with technical and investors relations staff will be present to discuss the progress and activity at the Company’s world-class Pine Point Pb/Zn project, which is located in Northwest Territories, Canada. The project is permitted and has excellent infrastructure including hydro power, paved road and railroad. Tamerlane has a bankable feasibility study on the current reserves, which indicates a robust internal rate of return in excess of 50% at current metal prices.
Recently the Company commenced an exploration and confirmatory diamond drill program in February 2010 to add more reserves. The purpose of the program is to convert some of the existing historical resources on the property into National Instrument (“NI”) 43-101 compliant resources and provide the metallurgical data necessary to allow an additional feasibility study to be completed on the N-204 deposit. Completion of a feasibility study on N-204 will enable the N-204 resources to be added as additional reserves to the reserve base.
"I look forward to meeting the shareholders of Tamerlane and discussing our exciting projects. With the market for lead and zinc looking very promising, the bankable feasibility study completed on the Pine Point Pb/Zn Project is looking even more attractive for future investors and potential financiers," commented Ross F. Burns, President & CEO of Tamerlane.
About the Pine Point Project
The Pine Point project is an advanced and permitted Pb/Zn project that hosts extensive infrastructure and significant Pb/Zn resources. The project is accessed by paved road, has existing hydro power, and is located 40 kilometers by paved road from the existing rail head at the town of Hay River. The Company is currently reviewing options for potential mine financing alternatives and mine development, and continuing to build additional reserves through this current targeted confirmation diamond drill program.
The Pine Point Project mineral inventory contains NI 43-101 compliant Proven & Probable reserves of 7.8 million tonnes grading 3.01% Pb and 6.16% Zn, Measured & Indicated resources of 8.0 million tonnes grading 1.13% Pb and 2.26% Zn, and Inferred resources of 4.1 million tonnes grading 0.82% Pb and 2.36% Zn.
Historically, the Pine Point Mine was the largest and most profitable zinc-lead mine in Canadian history having extracted over 64,259,570 tonnes of ore at a grade of 7.0% zinc and 3.1% lead between 1964 and 1987.
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class Pb/Zn Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.,
“Ross F. Burns”
President & CEO
Tamerlane Announces Up To $400,000 Non-Brokered Flow-Through Unit Private Placement
Quelle: TAM-Webseite http://www.tamerlaneventures.com/index.php
Monday, 08 March 2010
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 1,333,333 flow-through units at Cdn$0.30 per unit, with each unit comprised of one flow-through share and one half warrant for a common share in the Company for gross proceeds of up to Cdn$400,000. Each full warrant will be exercisable for 18 months at a price of $0.45. Tamerlane will pay a finder’s fee of 6% cash and 8% broker warrants in respect of investors introduced to the Company. All of the securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than March 15, 2009.
The proceeds of the private placement will be used for the continuation of surface drilling and exploration to upgrade resources at the Company’s Pine Point zinc-lead property in the Northwest Territories, Canada.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About the Pine Point Project
The Pine Point project is an advanced and permitted Pb/Zn project that hosts extensive infrastructure and significant Pb/Zn resources. The project is accessed by paved road, has existing hydro power, and is located 40 kilometers by paved road from the existing rail head at the town of Hay River. The Company is currently reviewing options for potential mine financing alternatives and mine development, and continuing to build additional reserves through this current targeted confirmation diamond drill program.
The Pine Point Project mineral inventory contains NI 43-101 compliant Proven & Probable reserves of 7.8 million tonnes grading 3.01% Pb and 6.16% Zn, Measured & Indicated resources of 8.0 million tonnes grading 1.13% Pb and 2.26% Zn, and Inferred resources of 4.1 million tonnes grading 0.82% Pb and 2.36% Zn.
Historically, the Pine Point Mine was the largest and most profitable zinc-lead mine in Canadian history having extracted over 64,259,570 tonnes of ore at a grade of 7.0% zinc and 3.1% lead between 1964 and 1987.
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.,
“Ross F. Burns”
President & CEO
Quelle: TAM-Webseite http://www.tamerlaneventures.com/index.php
Monday, 08 March 2010
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 1,333,333 flow-through units at Cdn$0.30 per unit, with each unit comprised of one flow-through share and one half warrant for a common share in the Company for gross proceeds of up to Cdn$400,000. Each full warrant will be exercisable for 18 months at a price of $0.45. Tamerlane will pay a finder’s fee of 6% cash and 8% broker warrants in respect of investors introduced to the Company. All of the securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than March 15, 2009.
The proceeds of the private placement will be used for the continuation of surface drilling and exploration to upgrade resources at the Company’s Pine Point zinc-lead property in the Northwest Territories, Canada.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About the Pine Point Project
The Pine Point project is an advanced and permitted Pb/Zn project that hosts extensive infrastructure and significant Pb/Zn resources. The project is accessed by paved road, has existing hydro power, and is located 40 kilometers by paved road from the existing rail head at the town of Hay River. The Company is currently reviewing options for potential mine financing alternatives and mine development, and continuing to build additional reserves through this current targeted confirmation diamond drill program.
The Pine Point Project mineral inventory contains NI 43-101 compliant Proven & Probable reserves of 7.8 million tonnes grading 3.01% Pb and 6.16% Zn, Measured & Indicated resources of 8.0 million tonnes grading 1.13% Pb and 2.26% Zn, and Inferred resources of 4.1 million tonnes grading 0.82% Pb and 2.36% Zn.
Historically, the Pine Point Mine was the largest and most profitable zinc-lead mine in Canadian history having extracted over 64,259,570 tonnes of ore at a grade of 7.0% zinc and 3.1% lead between 1964 and 1987.
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.,
“Ross F. Burns”
President & CEO
auf sedar early warning report vom 09. April
Caldwell Inv. hat ca 1 Million Shares verkauft, hält noch ca. 7 Millionen Shares von Tamerlane
kx
Caldwell Inv. hat ca 1 Million Shares verkauft, hält noch ca. 7 Millionen Shares von Tamerlane
kx
Tamerlane Reports Financial Results For The Year Ended December 31, 2009
Monday, 03 May 2010
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces a net loss of $1,156,808 or $0.03 per share for the year ended December 31, 2009, compared to a net loss of $1,726,858 or $0.04 per share in the prior year.
At December 31, 2009 the Company had working capital of $1,306,399 compared to $1,132,874 at December 31, 2008, an increase of $173,525.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class Pb/Zn Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company's primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.,
"Ross F. Burns"
President & CEO
Quelle: http://www.tamerlaneventures.com/
Monday, 03 May 2010
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces a net loss of $1,156,808 or $0.03 per share for the year ended December 31, 2009, compared to a net loss of $1,726,858 or $0.04 per share in the prior year.
At December 31, 2009 the Company had working capital of $1,306,399 compared to $1,132,874 at December 31, 2008, an increase of $173,525.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class Pb/Zn Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company's primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.,
"Ross F. Burns"
President & CEO
Quelle: http://www.tamerlaneventures.com/
Tamerlane Confirms Historical Resources at N204 Deposit with Pine Point Drill Program; Hole N204-10-TV2 Averaged 54.51 Feet Grading 4.86% Combined %Zn+%Pb
Thursday 6 May 2010
Quelle + Meldung hier:
http://www.tamerlaneventures.com/index.php?option=com_conten…
Thursday 6 May 2010
Quelle + Meldung hier:
http://www.tamerlaneventures.com/index.php?option=com_conten…
Tamerlane Closes Flow-Through Private Placement
Thursday, 20 May 2010
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces that it has closed a flow-through brokered private placement, and has issued 542,553 flow-through Units ("FT Unit") at a purchase price of $0.30 per FT Unit for gross proceeds of $162,766. Each FT Unit consists of one flow-through common share of the Company and one-half of one common share purchase warrant with a term of 18 months from the date of closing. Each whole warrant will entitle the holder to acquire one additional non-flow-through common share of the Company at an exercise price of $0.45.
Tamerlane has paid a cash finder's fee of $9,766 and has issued 43,403 finder’s options to Kingsdale Capital Markets Inc. Each finder’s option is exercisable for non-flow-through units on terms similar to the FT Units. All securities issued under this private placement will be subject to a four-month hold period.
The proceeds of the private placement will be used for the continued exploration program at the Company’s Pine Point lead-zinc (Pb/Zn) property in the Northwest Territories, Canada.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About the Pine Point Project
The Pine Point project is an advanced and permitted Pb/Zn project that hosts extensive infrastructure and significant Pb/Zn resources. The project is situated adjacent to a paved road, close to existing hydro facilities, and the existing rail head at Hay River connects directly to the south. A bankable feasibility study was completed in 2008 that identified robust economics and a long mine life. The Company is currently building additional resources through a targeted confirmation surface diamond drill program and reviewing options for potential mine financing alternatives and mine development. Historically, the Pine Point Mine was the largest and most profitable zinc-lead mine in Canadian history. Located on the south side of the Great Slave Lake 129 kilometers (80 miles) south of Yellowknife and 80 kilometers (50 miles) east of Hay River, the historic Pine Point Mine extracted over 64,259,570 tonnes of ore at a grade of 7.0% zinc and 3.1% lead between 1964 and 1987.
The Pine Point Project current mineral inventory contains a NI 43-101 compliant proven & probable reserves of 7.8 million tonnes grading 3.01% Pb and 6.16% Zn, measured & Indicated resources of 8.0 million tonnes grading 1.13% Pb and 2.26% Zn. In addition the property hosts non 43-101 compliant historical resources totaling approximately 50.9 million tonnes at a grade of 1.24 % Pb and 3.84% Zn.
Technical information in this press release was prepared by Mr. Wolfgang A. Schleiss, P.Geo., under the guidance of Mr. Ross F. Burns, P.Geo., LG. Mr. Schleiss is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
The historical estimates contained in this news release are not in accordance with the mineral resources or mineral reserves classifications contained in the CIM Definition Standards on Mineral Resources and Mineral Reserves, as required by National Instrument 43-101 ("NI 43-101"). Accordingly, the Company is not treating these historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and such historical estimates should not be relied upon. A qualified person has not done sufficient work to date to classify the historical estimates as current mineral resources or mineral reserves.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class Pb/Zn Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Ross F. Burns”
President & CEO
Quelle: http://www.tamerlaneventures.com/
Thursday, 20 May 2010
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces that it has closed a flow-through brokered private placement, and has issued 542,553 flow-through Units ("FT Unit") at a purchase price of $0.30 per FT Unit for gross proceeds of $162,766. Each FT Unit consists of one flow-through common share of the Company and one-half of one common share purchase warrant with a term of 18 months from the date of closing. Each whole warrant will entitle the holder to acquire one additional non-flow-through common share of the Company at an exercise price of $0.45.
Tamerlane has paid a cash finder's fee of $9,766 and has issued 43,403 finder’s options to Kingsdale Capital Markets Inc. Each finder’s option is exercisable for non-flow-through units on terms similar to the FT Units. All securities issued under this private placement will be subject to a four-month hold period.
The proceeds of the private placement will be used for the continued exploration program at the Company’s Pine Point lead-zinc (Pb/Zn) property in the Northwest Territories, Canada.
The securities referred to in this news release have not been, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
About the Pine Point Project
The Pine Point project is an advanced and permitted Pb/Zn project that hosts extensive infrastructure and significant Pb/Zn resources. The project is situated adjacent to a paved road, close to existing hydro facilities, and the existing rail head at Hay River connects directly to the south. A bankable feasibility study was completed in 2008 that identified robust economics and a long mine life. The Company is currently building additional resources through a targeted confirmation surface diamond drill program and reviewing options for potential mine financing alternatives and mine development. Historically, the Pine Point Mine was the largest and most profitable zinc-lead mine in Canadian history. Located on the south side of the Great Slave Lake 129 kilometers (80 miles) south of Yellowknife and 80 kilometers (50 miles) east of Hay River, the historic Pine Point Mine extracted over 64,259,570 tonnes of ore at a grade of 7.0% zinc and 3.1% lead between 1964 and 1987.
The Pine Point Project current mineral inventory contains a NI 43-101 compliant proven & probable reserves of 7.8 million tonnes grading 3.01% Pb and 6.16% Zn, measured & Indicated resources of 8.0 million tonnes grading 1.13% Pb and 2.26% Zn. In addition the property hosts non 43-101 compliant historical resources totaling approximately 50.9 million tonnes at a grade of 1.24 % Pb and 3.84% Zn.
Technical information in this press release was prepared by Mr. Wolfgang A. Schleiss, P.Geo., under the guidance of Mr. Ross F. Burns, P.Geo., LG. Mr. Schleiss is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
The historical estimates contained in this news release are not in accordance with the mineral resources or mineral reserves classifications contained in the CIM Definition Standards on Mineral Resources and Mineral Reserves, as required by National Instrument 43-101 ("NI 43-101"). Accordingly, the Company is not treating these historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and such historical estimates should not be relied upon. A qualified person has not done sufficient work to date to classify the historical estimates as current mineral resources or mineral reserves.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class Pb/Zn Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Ross F. Burns”
President & CEO
Quelle: http://www.tamerlaneventures.com/
ich bin ja schon recht gut in Tam investiert, wollte aber noch nachkaufen, aber habe mich für Rockhopper und Clinemining entschieden (auch nicht schlecht, aber..).
Was den heute in canada abgeht ist ja insiderverdächtig. Erst mal schon gute ungewöhnlich hohe Umsätze und dann die Explosion auf +64% !!!
Ist (zwar gut) eigentlich eine riesen Sauerei, da wissen einige viel mehr.
Ich tippe mal auf (bitte, bitte, bitte) Finanzierung steht.
Was den heute in canada abgeht ist ja insiderverdächtig. Erst mal schon gute ungewöhnlich hohe Umsätze und dann die Explosion auf +64% !!!
Ist (zwar gut) eigentlich eine riesen Sauerei, da wissen einige viel mehr.
Ich tippe mal auf (bitte, bitte, bitte) Finanzierung steht.
Einige noch nicht gepostete Newsletter von TAM:
Friday, 28, May 2010
Tamerlane Reports First Quarter 2010 Financial Results
http://www.tamerlaneventures.com/index.php/news-2010/136-tam…
Wednesday, June 16, 2010
TAMERLANE INTERSECTS 71.24 FEET GRADING 9.68% LEAD-ZINC AT THE N-204 OPEN PIT DEPOSIT
http://www.tamerlaneventures.com/index.php/news-2010/137-tam…
Monday, June 28, 2010
Tamerlane Appoints New Chief Executive Officer and Appoints Two New Directors at Annual General Meeting
http://www.tamerlaneventures.com/index.php/news-2010/138-tam…
Friday, 28, May 2010
Tamerlane Reports First Quarter 2010 Financial Results
http://www.tamerlaneventures.com/index.php/news-2010/136-tam…
Wednesday, June 16, 2010
TAMERLANE INTERSECTS 71.24 FEET GRADING 9.68% LEAD-ZINC AT THE N-204 OPEN PIT DEPOSIT
http://www.tamerlaneventures.com/index.php/news-2010/137-tam…
Monday, June 28, 2010
Tamerlane Appoints New Chief Executive Officer and Appoints Two New Directors at Annual General Meeting
http://www.tamerlaneventures.com/index.php/news-2010/138-tam…
Antwort auf Beitrag Nr.: 39.950.945 von Trockentrader am 09.08.10 12:31:28"ordentlicher" Personalwechsel.
Apropos Personalwechsel
Monday, August 09, 2010
Tamerlane Appoints Executive Chairman and Provides Corporate Strategy for Advancing the Permitted Pine Point Lead Zinc Project
http://www.tamerlaneventures.com/index.php/news-2010/143-tam…
Monday, August 09, 2010
Tamerlane Appoints Executive Chairman and Provides Corporate Strategy for Advancing the Permitted Pine Point Lead Zinc Project
http://www.tamerlaneventures.com/index.php/news-2010/143-tam…
Antwort auf Beitrag Nr.: 39.958.266 von Trockentrader am 10.08.10 13:06:58Tamerlane Reports Second Quarter 2010 Financial Results
Monday, August 30, 2010
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces a net loss of $747,919 or $0.01 per share for the six months ending June 30, 2010, compared to a net loss of $814,156 or $0.01 per share in the same period of the prior year. During the second quarter ending June 30, 2009, the Company had a net loss of $319,243 or $0.00 per share, compared to a net loss of $479,540 or $0.01 per share in the same period of the prior year.
At June 30, 2010 the Company had working capital of $416,712 compared to $1,306,399 at December 31, 2009, a decrease of $889,687. The decrease resulted primarily from general and administrative expenditures, professional fees and exploration and development of the Pine Point Project.
The Company’s six months financial statements and management discussion and analysis ending June 30, 2010 have been filed at www.sedar.com, and are also available on the Company’s website at www.tamerlaneventures.com.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class Pb/Zn Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Michael Willett”
Chief Executive Officer
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.comThis e-mail address is being protected from spambots. You need JavaScript enabled to view it
Phone: (360) 332-4653 begin_of_the_skype_highlighting (360) 332-4653 end_of_the_skype_highlighting
Toll Free: (877) 284-6535 begin_of_the_skype_highlighting (877) 284-6535 end_of_the_skype_highlighting
Website: www.tamerlaneventures.com
Monday, August 30, 2010
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) announces a net loss of $747,919 or $0.01 per share for the six months ending June 30, 2010, compared to a net loss of $814,156 or $0.01 per share in the same period of the prior year. During the second quarter ending June 30, 2009, the Company had a net loss of $319,243 or $0.00 per share, compared to a net loss of $479,540 or $0.01 per share in the same period of the prior year.
At June 30, 2010 the Company had working capital of $416,712 compared to $1,306,399 at December 31, 2009, a decrease of $889,687. The decrease resulted primarily from general and administrative expenditures, professional fees and exploration and development of the Pine Point Project.
The Company’s six months financial statements and management discussion and analysis ending June 30, 2010 have been filed at www.sedar.com, and are also available on the Company’s website at www.tamerlaneventures.com.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class Pb/Zn Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
“Michael Willett”
Chief Executive Officer
For further investor information, please contact:
Peter A. Ball, Director of Investor Relations
E-mail: pball@tamerlaneventures.comThis e-mail address is being protected from spambots. You need JavaScript enabled to view it
Phone: (360) 332-4653 begin_of_the_skype_highlighting (360) 332-4653 end_of_the_skype_highlighting
Toll Free: (877) 284-6535 begin_of_the_skype_highlighting (877) 284-6535 end_of_the_skype_highlighting
Website: www.tamerlaneventures.com
kommt hier bald was ?
Aktienkäufe lt. Canadian Insider.
Tamerlane Ventures Inc. (TAM) As of October 17th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Oct 12/10 Oct 07/10 Kent, Margaret Meri Indirect Ownership Common Shares 10 - Acquisition in the public market 34,500 $0.223
Oct 12/10 Oct 07/10 Burns, Ross Fredrich Indirect Ownership Common Shares 10 - Acquisition in the public market 34,500 $0.223
Oct 07/10 Oct 06/10 Kent, Margaret Meri Indirect Ownership Common Shares 10 - Acquisition in the public market 67,500 $0.218
Oct 07/10 Oct 06/10 Burns, Ross Fredrich Indirect Ownership Common Shares 10 - Acquisition in the public market 67,500 $0.218
Oct 04/10 Sep 30/10 Willett, Michael Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $0.230
Aktienkäufe lt. Canadian Insider.
Tamerlane Ventures Inc. (TAM) As of October 17th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Oct 12/10 Oct 07/10 Kent, Margaret Meri Indirect Ownership Common Shares 10 - Acquisition in the public market 34,500 $0.223
Oct 12/10 Oct 07/10 Burns, Ross Fredrich Indirect Ownership Common Shares 10 - Acquisition in the public market 34,500 $0.223
Oct 07/10 Oct 06/10 Kent, Margaret Meri Indirect Ownership Common Shares 10 - Acquisition in the public market 67,500 $0.218
Oct 07/10 Oct 06/10 Burns, Ross Fredrich Indirect Ownership Common Shares 10 - Acquisition in the public market 67,500 $0.218
Oct 04/10 Sep 30/10 Willett, Michael Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $0.230
Neue Präsentation - interessiert aber keinen.
http://www.tamerlaneventures.com/files/Tam_%20BankPresentati…
http://www.tamerlaneventures.com/files/Tam_%20BankPresentati…
Antwort auf Beitrag Nr.: 40.341.917 von Rohstoffinvestor am 18.10.10 15:52:19schön, schön, die neue Präsentation.
Die Finanzierung muss halt her. Closing Ende 2011 ist ja auch ganz nett, aber ob die das wie geplant (wenn überhaupt) mit einer so geringen Verwässerung schaffen, glaube ich nicht. Alle wesentlichen Kapitalbeschaffungsmaßnahmen die ich in der letzten Zeit mitgemacht habe (haben musste) gingen fast ausschließlich (oder wenigstens zum größten Teil) über neue Aktien = massive Verwässerung, auf teilweise niedrigem Niveau.
Man kann nur hoffen, das sich die Lagerbestände mal rückläufig entwickeln (bitte so wie bei Zinn) und somit sich auch der Zinkpreis erheblich erhöhen könnte. Ich hätte nix gegen ein größeres PP, wenn der Aktienkurs vorher so, sagen wir, um 400% steigt., aber bei dem jetzigen Niveau ein größeres PP wäre für zukünftige mögliche Kurssteigerungen ein Desaster.
Die Finanzierung muss halt her. Closing Ende 2011 ist ja auch ganz nett, aber ob die das wie geplant (wenn überhaupt) mit einer so geringen Verwässerung schaffen, glaube ich nicht. Alle wesentlichen Kapitalbeschaffungsmaßnahmen die ich in der letzten Zeit mitgemacht habe (haben musste) gingen fast ausschließlich (oder wenigstens zum größten Teil) über neue Aktien = massive Verwässerung, auf teilweise niedrigem Niveau.
Man kann nur hoffen, das sich die Lagerbestände mal rückläufig entwickeln (bitte so wie bei Zinn) und somit sich auch der Zinkpreis erheblich erhöhen könnte. Ich hätte nix gegen ein größeres PP, wenn der Aktienkurs vorher so, sagen wir, um 400% steigt.
, aber bei dem jetzigen Niveau ein größeres PP wäre für zukünftige mögliche Kurssteigerungen ein Desaster.
Antwort auf Beitrag Nr.: 40.348.732 von putzig am 19.10.10 13:33:16Ja sicher kann es eine Verwässerung geben.
Das Management ist sich dessen doch bewusst. Die sind ja nicht bescheuert.
Darum haben aus meiner Sicht die Vorstände alle gekauft - das tun sie nicht zum Spaß.
Und auf Seite 12 der Präsentation gibt es ja Details zur geplanten Kapitalbeschaffung:
Und zuerst würden die ersten 90 Mio bekanntgegeben - der Kurs steigt - die restlichen 20 Mio würden dann durch PP beschafft oder ähnlichese - so könnte es aussehen.
Financing Breakdown for Project $US (millions)
Funding Requirements
Capex $90
Working Capital (Corporate and Project) $20
Total $110
Sources of Funding
Senior Secured Debt $50
Smelter Off-take Contract and W/C Facility $40
Equity Raised as Last Component after all other
Financing is Arranged $20
Total $110
Das Management ist sich dessen doch bewusst. Die sind ja nicht bescheuert.
Darum haben aus meiner Sicht die Vorstände alle gekauft - das tun sie nicht zum Spaß.
Und auf Seite 12 der Präsentation gibt es ja Details zur geplanten Kapitalbeschaffung:
Und zuerst würden die ersten 90 Mio bekanntgegeben - der Kurs steigt - die restlichen 20 Mio würden dann durch PP beschafft oder ähnlichese - so könnte es aussehen.
Financing Breakdown for Project $US (millions)
Funding Requirements
Capex $90
Working Capital (Corporate and Project) $20
Total $110
Sources of Funding
Senior Secured Debt $50
Smelter Off-take Contract and W/C Facility $40
Equity Raised as Last Component after all other
Financing is Arranged $20
Total $110
Schöner Anstieg heute - ohne Meldung. Da bin ich schon gespannt was kommt.
Ich glaube ich bin hier Alleinunterhalter - aber was solls - freu ich mich eben alleine.....
Ich glaube ich bin hier Alleinunterhalter - aber was solls - freu ich mich eben alleine.....
Antwort auf Beitrag Nr.: 40.479.061 von Rohstoffinvestor am 08.11.10 22:44:31was soll man sagen, wenn man nichts weis.
am Industriemetallpreis wirds nicht liegen, die 25% heute. Ich hoffe es hat was mit einer Finanzierung zu tun.
am Industriemetallpreis wirds nicht liegen, die 25% heute. Ich hoffe es hat was mit einer Finanzierung zu tun.
Ich hab was gefunden:
Tamerlane Signs TermSheet for US$10.0 Million Senior Secured Bridge Loan and Stand-byFacility to Advance its Pine Point Project
BELLINGHAM, WASHINGTON, Nov 9, 2010 (Marketwire via COMTEX News Network) --
NOTFOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THEUNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAYCONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane VenturesInc. ("Tamerlane" or the "Company") (TSX VENTURE:TAM) announces that ithas signed a term sheet for a US$5.0 million senior secured bridge loanand an additional stand-by facility for up to US$5.0 million arrangedby Renvest Mercantile Bancorp Inc. through its Global Resource Fund.
TheCompany has arranged these financings to fund various near-termexpenditures at the Pine Point lead-zinc project in the NorthwestTerritories while it completes arranging the production financing toplace the project into production.
The bridge loan will be usedto fund definitive engineering expenditures on the Pine Point project,cash deposits on certain long lead-time orders, and for working capital.The stand-by facility will be used to fund acquisitions.
TheCompany will pay an upfront fee on the initial US$5.0 million bridgeloan of US$125,000 in cash and 500,000 common shares of Tamerlane. Theloan will be secured primarily by the Pine Point project. Interest onthe bridge loan shall be at a fixed rate of 12.5% per annum. The bridgeloan may be repaid by the Company in whole or in part at any time. Inthe case of an early repayment within the first 6 months from theclosing date, the Company will pay the lender a prepayment penalty equalto 3 months of interest in proportion to the amount of the earlyrepayment. No penalty will be applicable if the repayment is made after 6months from the closing date.
The stand-by facility will carry adrawdown fee of 2.5% in cash and up to 500,000 shares of Tamerlane paidon the date of drawdown of the stand-by facility. The actual amount ofcash and number of shares payable shall be pro-rated according to thegross amount actually drawn down under the stand-by facility. Thestand-by facility has a fee payable of 25 basis points per month on anyundrawn balance.
US$1.25 million from the initial bridge loan andthe first US$1.25 million from the stand-by facility (if drawn down)shall be in the form of a convertible debenture, with a conversion priceper share of C
.40. The Company shall have the right to forceconversion of the convertible debenture if and when the price per commonshare has traded at a minimum of C
.90 for 30 consecutive days on avolume weighted average basis.
In conjunction with the initialbridge loan, any and all amounts drawn down under the stand-by facilityshall become part of the senior secured bridge loan, which shall befully due and payable by the Company 18 months following the closingdate.
The financings are subject to completion of legal andtechnical due diligence and completion of all standard documentation forthis type of loan. The transactions are expected to close no later thanNovember 30, 2010.
The Company will pay a finder's fee equal to2% of any amount drawn down on either facility. This fee will be anon-cash fee and will be paid by the issuance of shares of Tamerlane atthe market price at the time of drawdown. All issuances of Tamerlaneshares under this debt facility are subject to the approval of the TSXVenture Exchange.
Mike Willett, CEO of Tamerlane commented,"Margaret Kent, our Chair, and I are pleased that we have arranged thisfinancing, which will enable us to proceed with the final engineeringand development of the mine and mill and infrastructure facilities toplace the Pine Point Mine into production. By the end of the firstquarter of 2011, we expect to have completed our update of the 2008feasibility study. We are encouraged that we have found no major impactto capital and operating costs to date and anticipate that there willnot be any significant change to the economics of the project."
MargaretKent, Tamerlane's Chair, added, "We are proceeding on track with ournegotiations with lenders for the larger project financing package andwith parties who will provide funding linked to concentrate off-takeagreements. We anticipate that we will have term sheets acceptable tothe Company in approximately six months. We have arranged this currentfinancing so as not to dilute shareholders' equity, while maintainingflexibility to take advantage of any opportunity that would enable us togrow the Company on terms that would be accretive to shareholders.Currently Tamerlane has 65.5 million shares issued and outstanding and79.7 million shares on a fully diluted basis."
About Tamerlane Ventures Inc.
TamerlaneVentures Inc. is an exploration and development mining company withadvanced base metal development projects in Canada and Peru. The Companyis working towards bringing the world-class Pb/Zn Pine Point Propertyback into production in the Northwest Territories, Canada, anddeveloping its Los Pinos heap leach copper project in Peru. TheCompany's primary focus is the Pine Point Project, which consists of thePine Point Mine, which was the largest and most profitable base metalmine in Canadian history. Tamerlane controls the Pine Point Project,along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
Michael A. Willett, Chief Executive Officer
Caution Concerning Forward-Looking Information
Thispress release contains forward-looking information within the meaningof applicable securities laws. We use words such as "may", "will","should", "anticipate", "plan", "expect", "believe", "estimate" andsimilar terminology to identify forward-looking information. It is basedon assumptions, estimates, opinions and analysis made by management inlight of its experience, current conditions and its expectations offuture developments as well as other factors which it believes to bereasonable and relevant. Forward-looking information involves known andunknown risks, uncertainties and other factors that may cause our actualresults to differ materially from those expressed or implied in theforward-looking statements and accordingly, readers should not placeundue reliance on those statements. Risks and uncertainties that maycause actual results to vary include but are not limited to thespeculative nature of mineral exploration and development, including theuncertainty of reserve and resource estimates; operational andtechnical difficulties; the availability to the Company of suitablefinancing alternatives; fluctuations in zinc, lead and other resourceprices; changes to and compliance with applicable laws and regulations,including environmental laws and obtaining requisite permits; political,economic and other risks arising from our activities; fluctuations inforeign exchange rates; as well as other risks and uncertainties whichare more fully described in our annual and quarterly Management'sDiscussion and Analysis and in other filings made by us with Canadiansecurities regulatory authorities and available at www.sedar.com.
SOURCE: Tamerlane Ventures Inc.
TamerlaneVentures Inc. Tina Rosenberg Investor Relations 360-752-9462trosenberg@tamerlaneventures.com www.tamerlaneventures.com
Copyright (C) 2010 Marketwire. All rights reserved
Quelle:
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…
Tamerlane Signs TermSheet for US$10.0 Million Senior Secured Bridge Loan and Stand-byFacility to Advance its Pine Point Project
BELLINGHAM, WASHINGTON, Nov 9, 2010 (Marketwire via COMTEX News Network) --
NOTFOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THEUNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAYCONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane VenturesInc. ("Tamerlane" or the "Company") (TSX VENTURE:TAM) announces that ithas signed a term sheet for a US$5.0 million senior secured bridge loanand an additional stand-by facility for up to US$5.0 million arrangedby Renvest Mercantile Bancorp Inc. through its Global Resource Fund.
TheCompany has arranged these financings to fund various near-termexpenditures at the Pine Point lead-zinc project in the NorthwestTerritories while it completes arranging the production financing toplace the project into production.
The bridge loan will be usedto fund definitive engineering expenditures on the Pine Point project,cash deposits on certain long lead-time orders, and for working capital.The stand-by facility will be used to fund acquisitions.
TheCompany will pay an upfront fee on the initial US$5.0 million bridgeloan of US$125,000 in cash and 500,000 common shares of Tamerlane. Theloan will be secured primarily by the Pine Point project. Interest onthe bridge loan shall be at a fixed rate of 12.5% per annum. The bridgeloan may be repaid by the Company in whole or in part at any time. Inthe case of an early repayment within the first 6 months from theclosing date, the Company will pay the lender a prepayment penalty equalto 3 months of interest in proportion to the amount of the earlyrepayment. No penalty will be applicable if the repayment is made after 6months from the closing date.
The stand-by facility will carry adrawdown fee of 2.5% in cash and up to 500,000 shares of Tamerlane paidon the date of drawdown of the stand-by facility. The actual amount ofcash and number of shares payable shall be pro-rated according to thegross amount actually drawn down under the stand-by facility. Thestand-by facility has a fee payable of 25 basis points per month on anyundrawn balance.
US$1.25 million from the initial bridge loan andthe first US$1.25 million from the stand-by facility (if drawn down)shall be in the form of a convertible debenture, with a conversion priceper share of C
.40. The Company shall have the right to forceconversion of the convertible debenture if and when the price per commonshare has traded at a minimum of C
.90 for 30 consecutive days on avolume weighted average basis.
In conjunction with the initialbridge loan, any and all amounts drawn down under the stand-by facilityshall become part of the senior secured bridge loan, which shall befully due and payable by the Company 18 months following the closingdate.
The financings are subject to completion of legal andtechnical due diligence and completion of all standard documentation forthis type of loan. The transactions are expected to close no later thanNovember 30, 2010.
The Company will pay a finder's fee equal to2% of any amount drawn down on either facility. This fee will be anon-cash fee and will be paid by the issuance of shares of Tamerlane atthe market price at the time of drawdown. All issuances of Tamerlaneshares under this debt facility are subject to the approval of the TSXVenture Exchange.
Mike Willett, CEO of Tamerlane commented,"Margaret Kent, our Chair, and I are pleased that we have arranged thisfinancing, which will enable us to proceed with the final engineeringand development of the mine and mill and infrastructure facilities toplace the Pine Point Mine into production. By the end of the firstquarter of 2011, we expect to have completed our update of the 2008feasibility study. We are encouraged that we have found no major impactto capital and operating costs to date and anticipate that there willnot be any significant change to the economics of the project."
MargaretKent, Tamerlane's Chair, added, "We are proceeding on track with ournegotiations with lenders for the larger project financing package andwith parties who will provide funding linked to concentrate off-takeagreements. We anticipate that we will have term sheets acceptable tothe Company in approximately six months. We have arranged this currentfinancing so as not to dilute shareholders' equity, while maintainingflexibility to take advantage of any opportunity that would enable us togrow the Company on terms that would be accretive to shareholders.Currently Tamerlane has 65.5 million shares issued and outstanding and79.7 million shares on a fully diluted basis."
About Tamerlane Ventures Inc.
TamerlaneVentures Inc. is an exploration and development mining company withadvanced base metal development projects in Canada and Peru. The Companyis working towards bringing the world-class Pb/Zn Pine Point Propertyback into production in the Northwest Territories, Canada, anddeveloping its Los Pinos heap leach copper project in Peru. TheCompany's primary focus is the Pine Point Project, which consists of thePine Point Mine, which was the largest and most profitable base metalmine in Canadian history. Tamerlane controls the Pine Point Project,along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
Michael A. Willett, Chief Executive Officer
Caution Concerning Forward-Looking Information
Thispress release contains forward-looking information within the meaningof applicable securities laws. We use words such as "may", "will","should", "anticipate", "plan", "expect", "believe", "estimate" andsimilar terminology to identify forward-looking information. It is basedon assumptions, estimates, opinions and analysis made by management inlight of its experience, current conditions and its expectations offuture developments as well as other factors which it believes to bereasonable and relevant. Forward-looking information involves known andunknown risks, uncertainties and other factors that may cause our actualresults to differ materially from those expressed or implied in theforward-looking statements and accordingly, readers should not placeundue reliance on those statements. Risks and uncertainties that maycause actual results to vary include but are not limited to thespeculative nature of mineral exploration and development, including theuncertainty of reserve and resource estimates; operational andtechnical difficulties; the availability to the Company of suitablefinancing alternatives; fluctuations in zinc, lead and other resourceprices; changes to and compliance with applicable laws and regulations,including environmental laws and obtaining requisite permits; political,economic and other risks arising from our activities; fluctuations inforeign exchange rates; as well as other risks and uncertainties whichare more fully described in our annual and quarterly Management'sDiscussion and Analysis and in other filings made by us with Canadiansecurities regulatory authorities and available at www.sedar.com.
SOURCE: Tamerlane Ventures Inc.
TamerlaneVentures Inc. Tina Rosenberg Investor Relations 360-752-9462trosenberg@tamerlaneventures.com www.tamerlaneventures.com
Copyright (C) 2010 Marketwire. All rights reserved
Quelle:
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…
Antwort auf Beitrag Nr.: 40.485.149 von Trockentrader am 09.11.10 16:53:03Trotzdem SP schmiert ab. Ich habe das befurchtet. Selling on news. Aber die Zukunft nun ist zumindest klarer geworden.
Trotzdem wird der Kurs in den nächsten 6 Monaten steigen.
Jetzt heißt es einfach noch durchhalten.....
Jetzt heißt es einfach noch durchhalten.....
Antwort auf Beitrag Nr.: 40.487.750 von Rohstoffinvestor am 09.11.10 21:21:25Da bin ich eiverstanden. Werde zulegen wenn weiter runtergeht. Die Insiders haben in letzte Zeit hier investiert und das finde ich sehr gut. Sollte eigentlich schon ahnen als das pasierte und mitmachen.
Antwort auf Beitrag Nr.: 40.487.299 von recession am 09.11.10 20:24:33abschmieren, das liegt nicht an der Überbrückungsfinanzierung, sondern an Gold, aber insbesondere an Silber, intraday ab 20.oo ordentlich abgeschiert .
Die Überbrückungsfinanzierung ist teuer, aber für eine pot. Endfinanzierung unter Kostenaspekten totals unwesentlich! Hauptsache keine starke Verwässerung wie sie in australien üblich ist.
Ist doch gut, jetzt können sie das engeenierung abschließen und haben auch noch ein bischen Betriebsmittelkredit.
Wenn der Silber/Gold-markt sich wieder beruhigt hat, denke ich, das Tamerlane jetzt mittelfristig eine schöne Kursuntergrenze (hoffentlich nicht zu niedrig) finden wird.
Die Überbrückungsfinanzierung ist teuer, aber für eine pot. Endfinanzierung unter Kostenaspekten totals unwesentlich! Hauptsache keine starke Verwässerung wie sie in australien üblich ist.
Ist doch gut, jetzt können sie das engeenierung abschließen und haben auch noch ein bischen Betriebsmittelkredit.
Wenn der Silber/Gold-markt sich wieder beruhigt hat, denke ich, das Tamerlane jetzt mittelfristig eine schöne Kursuntergrenze (hoffentlich nicht zu niedrig) finden wird.
Ich denke - es war letztendlich eine gute News - wie Putzig richtig bemerkte: teuer aber ohne Verwässerung !
und: die Insiderkäufe vom Oktober kamen nicht umsonst.....
Also weiterkaufen bei Schwäche.
und: die Insiderkäufe vom Oktober kamen nicht umsonst.....
Also weiterkaufen bei Schwäche.
Tamerlane wird nicht mehr beachtet und hat eigentlich viel zu bieten.
Einfach mal wieder die Homepage anschauen das weiß jeder wieso.
Ende 1. Quartal 2011 sollte die aktuelisierte Feasibilty Studie verfügbar sein.
Dann nur noch der Einstieg eines JV Partner bekanntgeben und schon hebt Tamerlane ab.
Die MK zum Wert der Resourcen ist einfach ein Witz....
Einfach mal wieder die Homepage anschauen das weiß jeder wieso.
Ende 1. Quartal 2011 sollte die aktuelisierte Feasibilty Studie verfügbar sein.
Dann nur noch der Einstieg eines JV Partner bekanntgeben und schon hebt Tamerlane ab.
Die MK zum Wert der Resourcen ist einfach ein Witz....
Antwort auf Beitrag Nr.: 41.034.340 von Rohstoffinvestor am 14.02.11 12:04:22Mann o Mann - Montag und soviele Rechtschreibfehler - Tschuldigung
Antwort auf Beitrag Nr.: 41.034.340 von Rohstoffinvestor am 14.02.11 12:04:22Die MK zum Wert der Resourcen ist einfach ein Witz....
deswegen sind wir ja dabei !!
deswegen sind wir ja dabei !!
Antwort auf Beitrag Nr.: 41.036.374 von putzig am 14.02.11 16:36:18Freut mich von dir zu hören. Ich dachte schon ich bin alleine hier investiert.
Kaum postet man wieder - steigt das Ding.
Tamerlane Announces Signed Term Sheet for US$60 Million Senior Secured Financing
BELLINGHAM, WASHINGTON--(Marketwire - Feb. 17, 2011) - Tamerlane Ventures Inc. (TSX VENTURE:TAM) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane Ventures Inc. ("Tamerlane" or "the Company") is pleased to announce that it has signed a term sheet for a US$60 million senior secured financing, which represents the senior debt portion of the three-part financing plan for construction of its Pine Point project. The term sheet was submitted by Durham Capital Corporation ("Durham"), together with its participants and third party lenders.
The US$60 million bridge financing contains a three-year maturity with an option to extend the loan for an additional 2 years. The interest rate is 12% per annum, with interest to accrue for the first 18 months while the project is being constructed. The Company will pay a 3% origination fee and, once the facility is closed, will pay a 0.5% per annum fee on any undrawn amount.
As collateral for the loan, the Company has agreed to grant Durham a senior perfected security interest in the Pine Point project. The loan can be repaid at any time with no prepayment penalty. Covenants include a pre-closing 50% loan-to-value test, and a loan-to-value test 12 months after closing of 70%. The conditions precedent to closing include legal and technical due diligence, a project valuation, completion of satisfactory documentation, and final senior credit approval.
The Company anticipates closing the loan by early summer. The executed term sheet is not a commitment to make a loan, and should not be relied on by any third party, but is an understanding of the financing that has been proposed and is acceptable to the Company. The Company and Durham expect to work diligently and quickly to close the financing.
Based on the Company's updated feasibility work, the financing needed for the Pine Point project is approximately US$115 million. However, the Company intends to arrange financing totaling US$135 million to assure that funds are available for any encountered overruns. In addition to the US$60 million senior secured debt under negotiation with Durham, the Company expects that approximately US$50 million will be in the form of a smelter/hedging facility and standby facility, and approximately US$25 million will be in the form of equity. The Company is also in receipt of proposals for both tranches and will be evaluating these over the next several weeks while it progresses on the senior debt facility.
Margaret Kent, Executive Chairman of Tamerlane Ventures, who is responsible for arranging the financing, commented, "It was important to start work on the senior secured part of our financing package immediately. The Company is in receipt of various offers and proposals for the project, including joint ventures. The board has elected to build and develop the project within Tamerlane using conventional types of lender financing. We expect the senior secured bridge will be replaced with conventional bank debt once the project is up and running. The facility that we are negotiating with Durham will allow us to proceed rapidly to the construction phase. The board feels that this will maximize value to our shareholders. We are evaluating a number of proposals for the balance of the funding and expect to be able to announce further details in the coming weeks. The Pine Point project hosts over five billion pounds of lead and zinc in the ground and we believe it will once again become one of Canada's great mines."
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class lead-zinc Pine Point Property back into production in the Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company's primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
Michael A. Willett, Chief Executive Officer
BELLINGHAM, WASHINGTON--(Marketwire - Feb. 17, 2011) - Tamerlane Ventures Inc. (TSX VENTURE:TAM) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane Ventures Inc. ("Tamerlane" or "the Company") is pleased to announce that it has signed a term sheet for a US$60 million senior secured financing, which represents the senior debt portion of the three-part financing plan for construction of its Pine Point project. The term sheet was submitted by Durham Capital Corporation ("Durham"), together with its participants and third party lenders.
The US$60 million bridge financing contains a three-year maturity with an option to extend the loan for an additional 2 years. The interest rate is 12% per annum, with interest to accrue for the first 18 months while the project is being constructed. The Company will pay a 3% origination fee and, once the facility is closed, will pay a 0.5% per annum fee on any undrawn amount.
As collateral for the loan, the Company has agreed to grant Durham a senior perfected security interest in the Pine Point project. The loan can be repaid at any time with no prepayment penalty. Covenants include a pre-closing 50% loan-to-value test, and a loan-to-value test 12 months after closing of 70%. The conditions precedent to closing include legal and technical due diligence, a project valuation, completion of satisfactory documentation, and final senior credit approval.
The Company anticipates closing the loan by early summer. The executed term sheet is not a commitment to make a loan, and should not be relied on by any third party, but is an understanding of the financing that has been proposed and is acceptable to the Company. The Company and Durham expect to work diligently and quickly to close the financing.
Based on the Company's updated feasibility work, the financing needed for the Pine Point project is approximately US$115 million. However, the Company intends to arrange financing totaling US$135 million to assure that funds are available for any encountered overruns. In addition to the US$60 million senior secured debt under negotiation with Durham, the Company expects that approximately US$50 million will be in the form of a smelter/hedging facility and standby facility, and approximately US$25 million will be in the form of equity. The Company is also in receipt of proposals for both tranches and will be evaluating these over the next several weeks while it progresses on the senior debt facility.
Margaret Kent, Executive Chairman of Tamerlane Ventures, who is responsible for arranging the financing, commented, "It was important to start work on the senior secured part of our financing package immediately. The Company is in receipt of various offers and proposals for the project, including joint ventures. The board has elected to build and develop the project within Tamerlane using conventional types of lender financing. We expect the senior secured bridge will be replaced with conventional bank debt once the project is up and running. The facility that we are negotiating with Durham will allow us to proceed rapidly to the construction phase. The board feels that this will maximize value to our shareholders. We are evaluating a number of proposals for the balance of the funding and expect to be able to announce further details in the coming weeks. The Pine Point project hosts over five billion pounds of lead and zinc in the ground and we believe it will once again become one of Canada's great mines."
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class lead-zinc Pine Point Property back into production in the Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru. The Company's primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls the Pine Point Project, along with a large contiguous property to the west.
On behalf of Tamerlane Ventures Inc.
Michael A. Willett, Chief Executive Officer
Antwort auf Beitrag Nr.: 41.061.207 von sonnenstern2709 am 17.02.11 19:48:37
jetzt gehts los !!!!
hoffentlich steigt der Kurs rasch und schnell, damit die 25 mio Eigenkapitalfinanzierung nicht zu einer zu großen Verwässerung führt.
jetzt gehts los !!!!
hoffentlich steigt der Kurs rasch und schnell, damit die 25 mio Eigenkapitalfinanzierung nicht zu einer zu großen Verwässerung führt.
Wie gesagt - ich habe schon geahnt das bald was kommen muß.
Und die Restfinanzierung wird TAM auch noch hinbekommen.
Jetzt brechen endlich bessere Zeiten an.
Und die Restfinanzierung wird TAM auch noch hinbekommen.
Jetzt brechen endlich bessere Zeiten an.
Antwort auf Beitrag Nr.: 41.062.103 von Rohstoffinvestor am 17.02.11 21:59:13so, bin jetzt Großaktionär von Tamerlane
Antwort auf Beitrag Nr.: 41.064.013 von putzig am 18.02.11 10:25:49Ja - ich hoffe wir werden bald auch wieder Kurse von 0,50 - 1 Euro sehen bis Ende Jahr.
Dann wäre ich sehr zufrieden. Bin eh bescheiden....
Dann wäre ich sehr zufrieden. Bin eh bescheiden....
Gefunden in Stockhouse
2/4/2011 I Posted:
"Looks very promising there will be a little bumps on the road, some positive dilution to get financing (was just blogging in the CLQ board). But i can see this company potential.
3 milestones looking forward to:
1) Securing financing. Sometime in 2011
2) Building mine after securing the financing
3) Will take 2 years to start production.
Waiting for step 1 now, and I'm sure they're going to get it.
I really don't see how you can go wrong here. Thus, patience is key."
2/16/2011 I posted:
"The volume indicator is implying a trend reversal since the moving average has been going down lately, this stock might pick up in a couple of days. It's switching to bullish mode again."
Now that financing is a real deal, this company has no where to go but UP.
I would like to congratulate all the longs and my good stockhouse friend LeGagneur. Tthere might be manipulation and some bumps along the way which is normal when investement. But Tamerlane now is a sure thing, the hardest is financing and now that they got it this company is prone to shine. The count down has started 2 years till production of a product in depletion mode so I expect TAM to make double the money approaching the production and it's reserve getting much more valuation at the same time. Win/Win situation.
Anmerkung: Es ist eine wichtige Hürde genommen und jetzt kann es losgehen. In den kanad. Foren wird dies sehr positiv gewertet und man geht von einem gewaltigen Meilenstein aus. Mal sehen wie dies der Kurs honoriert und die PR Arbeit der Firma funktioniert. Es ist ein rießiges Potential vorhanden und der Kurs stand schon knapp vor 3 Dollar im Jahr 2007.
2/4/2011 I Posted:
"Looks very promising there will be a little bumps on the road, some positive dilution to get financing (was just blogging in the CLQ board). But i can see this company potential.
3 milestones looking forward to:
1) Securing financing. Sometime in 2011
2) Building mine after securing the financing
3) Will take 2 years to start production.
Waiting for step 1 now, and I'm sure they're going to get it.
I really don't see how you can go wrong here. Thus, patience is key."
2/16/2011 I posted:
"The volume indicator is implying a trend reversal since the moving average has been going down lately, this stock might pick up in a couple of days. It's switching to bullish mode again."
Now that financing is a real deal, this company has no where to go but UP.
I would like to congratulate all the longs and my good stockhouse friend LeGagneur. Tthere might be manipulation and some bumps along the way which is normal when investement. But Tamerlane now is a sure thing, the hardest is financing and now that they got it this company is prone to shine. The count down has started 2 years till production of a product in depletion mode so I expect TAM to make double the money approaching the production and it's reserve getting much more valuation at the same time. Win/Win situation.
Anmerkung: Es ist eine wichtige Hürde genommen und jetzt kann es losgehen. In den kanad. Foren wird dies sehr positiv gewertet und man geht von einem gewaltigen Meilenstein aus. Mal sehen wie dies der Kurs honoriert und die PR Arbeit der Firma funktioniert. Es ist ein rießiges Potential vorhanden und der Kurs stand schon knapp vor 3 Dollar im Jahr 2007.
Antwort auf Beitrag Nr.: 41.066.881 von sonnenstern2709 am 18.02.11 15:56:11Danke für die Info.
Da geht ja plötzlich die Sonne auf mein lieber Stern !!
Da geht ja plötzlich die Sonne auf mein lieber Stern !!
Antwort auf Beitrag Nr.: 41.066.881 von sonnenstern2709 am 18.02.11 15:56:11ich habe mal überschlagen auf Basis 160 mio Umsatzerlöse bei voller Prouktion und Kosten von 0,70 Pfund (ursprüngliche Angaben erste FS), dann kam ja aufgrund der rapide gesungenen Preise ein kurzfristiges Update mit 0,49 Pfund operative Kosten um die Wirtschaftlichkeit wieder darstellen zu können.
Ich habe natürlich wieder die höheren Kosten von 0,70 Pfund genommen da die Preise ja wieder deutlich gestiegen sind, 10 Mio FK-Zinsen abgezogen, bischen Steuern (haben am Anfang Verlustvorträge) und 10 Mio. Abschreibung.
Dann komme ich bei 130 Mio Aktien, Blei/Zinn auf Basis 1$/Pfund auf ein Ergebnis je Aktie von 0,23, bei einem KGV von 10 auf = Ziel 2,30 cad
Bei 150 Mio Aktien = Ziel 2,0 Cad. Deswegen hoffe ich, dass die Verwässerung nicht so groß ausfällt.
Sollte der Blei/Zinn-Preis sinken, ist das natürlich Superblöd und stellt die Wirtschaftlichkeit in Frage. Steigt er auf 1,30 habe ich unter Zugrundelegung auch gestiegener operativer Kosten ein Ergebnis je Aktie von 0,33 cad = Zielkurs 3,30 gerechnet.
Alles nur Planspiele, aber man kann sehen, wohin es gehen kann und was für ein Hebel hinter den Preisen steckt !!! Stay long
putzig
Ich habe natürlich wieder die höheren Kosten von 0,70 Pfund genommen da die Preise ja wieder deutlich gestiegen sind, 10 Mio FK-Zinsen abgezogen, bischen Steuern (haben am Anfang Verlustvorträge) und 10 Mio. Abschreibung.
Dann komme ich bei 130 Mio Aktien, Blei/Zinn auf Basis 1$/Pfund auf ein Ergebnis je Aktie von 0,23, bei einem KGV von 10 auf = Ziel 2,30 cad
Bei 150 Mio Aktien = Ziel 2,0 Cad. Deswegen hoffe ich, dass die Verwässerung nicht so groß ausfällt.
Sollte der Blei/Zinn-Preis sinken, ist das natürlich Superblöd und stellt die Wirtschaftlichkeit in Frage. Steigt er auf 1,30 habe ich unter Zugrundelegung auch gestiegener operativer Kosten ein Ergebnis je Aktie von 0,33 cad = Zielkurs 3,30 gerechnet.
Alles nur Planspiele, aber man kann sehen, wohin es gehen kann und was für ein Hebel hinter den Preisen steckt !!! Stay long
putzig
Zinc und Blei im Sturzflug heute, kleines Blutbad bei fast allen Unternehmen (ausser Gold und Silber), aber
Tamerlane steigt bei großen Umsätzen auf 0,35 cad !
Das wird schon seinen Grund haben !
Tamerlane steigt bei großen Umsätzen auf 0,35 cad !
Das wird schon seinen Grund haben !
aus stockhouse (2 cad sehe ich auch als Untergrenze, hoffentlich fällt die geplante Verwässerung gering aus)
The USD 144 million Net Present Value after tax, discribed in the Sept presentation at USD 1.10 Zn&Pb price at the current price corresponds to a NPV around 20 % higher due to around 4 % higher price and the 5x leverage.
That is around USD 173 million NPV after tax.
At CAD 0.41 the Tamerlane market value is a maximum of around USD 36 million with 87 million FD shares (due to the bridge financing terms).
Therefore the stock potential still is huge, even considering a possible equity financing later this year of USD 25 million according to the Feb 2011 presentation. At that time there is a clear possibility for TAM to have reached over CAD 1, reducing the stock dilution to less than 25 million new shares.
Thus, at current metal price the NPV per share could reach over CAD 173(/87+25) or around CAD 1.54 (approximating USD = 1 CAD).
But the case now has an even bigger potential since in the next feasibility update the N204 deposit also will be included and therefore may increase the NPV even more !
Furthermore, in the figures above the Los Pinos copper project is not included and it contains a historic resource of around 1/3 of the Pine Point project in situ metal value.
These two circumstances indicate a possible further TAM stock potential to around CAD 2 or so this year.
And finally, for real longtermers, in 2013 when production is scheduled to start, there are forecasts of a limited Zinc supply.
So the TAM journey may have only just begun...
The USD 144 million Net Present Value after tax, discribed in the Sept presentation at USD 1.10 Zn&Pb price at the current price corresponds to a NPV around 20 % higher due to around 4 % higher price and the 5x leverage.
That is around USD 173 million NPV after tax.
At CAD 0.41 the Tamerlane market value is a maximum of around USD 36 million with 87 million FD shares (due to the bridge financing terms).
Therefore the stock potential still is huge, even considering a possible equity financing later this year of USD 25 million according to the Feb 2011 presentation. At that time there is a clear possibility for TAM to have reached over CAD 1, reducing the stock dilution to less than 25 million new shares.
Thus, at current metal price the NPV per share could reach over CAD 173(/87+25) or around CAD 1.54 (approximating USD = 1 CAD).
But the case now has an even bigger potential since in the next feasibility update the N204 deposit also will be included and therefore may increase the NPV even more !
Furthermore, in the figures above the Los Pinos copper project is not included and it contains a historic resource of around 1/3 of the Pine Point project in situ metal value.
These two circumstances indicate a possible further TAM stock potential to around CAD 2 or so this year.
And finally, for real longtermers, in 2013 when production is scheduled to start, there are forecasts of a limited Zinc supply.
So the TAM journey may have only just begun...
neu Februarpräsentation auf der Homage.
In situ kräftig gesteigert !!!!
Nix mit nur 8 Jahren Mindestminenbetrieb. Open Pit im Anschluß !!
Wie gut, dass ich ordentlich nachgekauft habe. Bin aus heutiger Sicht ordentlich zufrieden.
In situ kräftig gesteigert !!!!
Nix mit nur 8 Jahren Mindestminenbetrieb. Open Pit im Anschluß !!
Wie gut, dass ich ordentlich nachgekauft habe. Bin aus heutiger Sicht ordentlich zufrieden.
Antwort auf Beitrag Nr.: 41.125.102 von putzig am 01.03.11 13:39:19Ja ich denke jetzt geht es endlich in die richtige Richtung. Die Geduld für alle Investierten hat sich gelohnt.
Die Präsentation zeigt den Weg auf - der Kurs wird der Entwicklung von TAM folgen.
Mit 2 CAD wäre ich sehr zufrieden !!!!
Die Präsentation zeigt den Weg auf - der Kurs wird der Entwicklung von TAM folgen.
Mit 2 CAD wäre ich sehr zufrieden !!!!
Es geht weiter auch mit dem furchtbaren Hintergrund von Japan. Die neuen drilling Daten liegen vor:
http://www.marketwire.com/press-release-canada/Tamerlane-Pla…
Tamerlane Ventures Inc.
TSX VENTURE: TAM
Tamerlane Ventures Inc.
Mar 17, 2011 15:16 ET
Tamerlane Plans to Expand Resources at Pine Point Lead-Zinc Project
BELLINGHAM, WASHINGTON--(Marketwire - March 17, 2011) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane Ventures Inc. ("Tamerlane" or "the Company") (TSX VENTURE:TAM) announced today that it is commencing a confirmation diamond drilling program on the W-85 deposit at the Company's 100%-owned Pine Point lead-zinc project, located in the Northwest Territories, Canada. As a result of historical drilling and preliminary modeling, it has been determined that this deposit may be mined by surface mining methods. The results of the drilling are expected to expand the existing resources at Pine Point.
The existing historical resource* on W-85 is as follows:
Tonnes Lead % Zinc %
3,760,000 2.3 4.0
The purpose of this program is to convert historical W-85 resources into National Instrument ("NI") 43-101-compliant reserves and provide enough samples to process the rock through the R-190 flowsheet, which includes dense media separation. The new drill program will consist of approximately 10 diamond drill holes totaling up to 1,307 meters. This drill program will enable the W-85 deposit to be added to the current mineral inventory, which is detailed below. Drilling is expected to continue through mid-July, 2011, and the results of this drilling program are expected to be published by year-end 2011. The Company has contracted with ProCore Drilling of Hay River, Northwest Territories to complete the drill program.
Pine Point Mineral Inventory**
Category Tonnes Lead % Zinc %
Underground Proven & Probable** 7,790,271 3.01 6.16
Measured & Indicated 8,030,000 1.13 2.26
Open Pit (N204) Indicated 9,166,000 0.92 3.42
Inferred 2,413,000 0.86 3.04
**The Pine Point Property was the subject of a completed National Instrument 43-101 report (NI 43-101). The reserve and resource technical report was prepared by Pincock, Allen and Holt (PAH) July 30, 2008. The report is named "NI 43-101 Technical Report Update Pine Point Project Northwest Territories Canada". The reserve is based on the mining of the following deposits: P-190, P-499, O-556, X-25, Z-155, and G-03. The open pit resources are based on a 43-101 report prepared by PAH on the N-204 deposit.
Remaining Historical Resources*
(including W-85)
(Non NI 43-101 Compliant) Tonnes Lead % Zinc %
Total Remaining Historical Resource 34,221,000 1.4 4.4
*The historical estimates presented above are not in accordance with the mineral resources or mineral reserves classifications contained in the CIM Definition Standards on Mineral Resources and Mineral Reserves, as required by National Instrument 43-101 ("NI 43-101"). Accordingly, the company is not treating these historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and such historical estimates should not be relied upon. A qualified person has not done sufficient work to date to classify the historical estimates as current mineral resources or mineral reserves.
The existing Pine Point project currently has approximately nine years of reserves. The upgrading of N-204 to reserve by mid-summer and the upgrading of W-85 to reserve by late this year would result in a reserve that will support a 15-year mine life. This would still leave a significant amount of historical resource that can be upgraded for additional mine life. The objective in expending current funds to upgrade the historical resource is to extend the mine life of the project to a level where the project will support conventional long-term bank debt. It is envisioned that the existing US$60 million bridge loan which the company is currently negotiating will be repaid with conventional, lower-interest bank lending once the project is up and running. Having a greater-than-15-year mine life is expected to allow the Company to negotiate more favorable terms for future financing packages.
Mike Willett, CEO of Tamerlane Ventures, commented, "We plan to build Tamerlane into a mid-tier company, and to do this we need long-life projects. The combination of a long-life reserve coupled with the modest amount of capital expenditure to get the project into production results in Tamerlane being an attractive base metal exploration/development company. As we advance toward building the mine and the processing facility, we expect to continue converting historical resources into reserves, further strengthening the project."
Mr. Willett continued, "In addition, we also have 35 geophysical anomalies that have been identified since we acquired the property, but which have not yet been tested. Our plan is to move forward with an exploration program to test several of these anomalies."
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
About the Pine Point Project
The Pine Point project is an advanced and permitted Pb/Zn project that hosts extensive infrastructure and significant Pb/Zn resources. The project is situated adjacent to a paved road, close to existing hydro facilities, and the existing rail head at Hay River connects directly to the south. A bankable feasibility study was completed in 2008 that identified robust economics. Technical work completed to date has provided confirmation that there has been minimal impact to the capital and operating cost estimates over the last two years. The Company is currently building additional reserves through a program of confirmation diamond drilling.
The Pine Point Mine was the largest and most profitable lead-zinc mine in Canadian history and extracted over 64,259,570 tonnes of ore at a grade of 7.0% zinc and 3.1% lead between 1964 and 1987. The Pine Point Concentrates were sought after by smelters around the world due to their high purity.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company's immediate focus is bringing the 100%-owned Pine Point project to production. Tamerlane plans to sell the well-known Pine Point Concentrates to various smelting facilities around the world. The Company is also developing its Los Pinos heap leach copper project in Peru.
On behalf of Tamerlane Ventures Inc.
Michael A. Willett, Chief Executive Officer
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments, as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and, accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include, but are not limited to, the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Tamerlane Ventures Inc.
Gregg Sloate
Director of Investor Relations and Corporate Communications
(360) 752-9462
(360) 752-9463 (FAX)
gsloate@tamerlaneventures.com
www.tamerlaneventures.com
Click here to see all recent news from this company
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http://www.marketwire.com/press-release-canada/Tamerlane-Pla…
Tamerlane Ventures Inc.
TSX VENTURE: TAM
Tamerlane Ventures Inc.
Mar 17, 2011 15:16 ET
Tamerlane Plans to Expand Resources at Pine Point Lead-Zinc Project
BELLINGHAM, WASHINGTON--(Marketwire - March 17, 2011) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane Ventures Inc. ("Tamerlane" or "the Company") (TSX VENTURE:TAM) announced today that it is commencing a confirmation diamond drilling program on the W-85 deposit at the Company's 100%-owned Pine Point lead-zinc project, located in the Northwest Territories, Canada. As a result of historical drilling and preliminary modeling, it has been determined that this deposit may be mined by surface mining methods. The results of the drilling are expected to expand the existing resources at Pine Point.
The existing historical resource* on W-85 is as follows:
Tonnes Lead % Zinc %
3,760,000 2.3 4.0
The purpose of this program is to convert historical W-85 resources into National Instrument ("NI") 43-101-compliant reserves and provide enough samples to process the rock through the R-190 flowsheet, which includes dense media separation. The new drill program will consist of approximately 10 diamond drill holes totaling up to 1,307 meters. This drill program will enable the W-85 deposit to be added to the current mineral inventory, which is detailed below. Drilling is expected to continue through mid-July, 2011, and the results of this drilling program are expected to be published by year-end 2011. The Company has contracted with ProCore Drilling of Hay River, Northwest Territories to complete the drill program.
Pine Point Mineral Inventory**
Category Tonnes Lead % Zinc %
Underground Proven & Probable** 7,790,271 3.01 6.16
Measured & Indicated 8,030,000 1.13 2.26
Open Pit (N204) Indicated 9,166,000 0.92 3.42
Inferred 2,413,000 0.86 3.04
**The Pine Point Property was the subject of a completed National Instrument 43-101 report (NI 43-101). The reserve and resource technical report was prepared by Pincock, Allen and Holt (PAH) July 30, 2008. The report is named "NI 43-101 Technical Report Update Pine Point Project Northwest Territories Canada". The reserve is based on the mining of the following deposits: P-190, P-499, O-556, X-25, Z-155, and G-03. The open pit resources are based on a 43-101 report prepared by PAH on the N-204 deposit.
Remaining Historical Resources*
(including W-85)
(Non NI 43-101 Compliant) Tonnes Lead % Zinc %
Total Remaining Historical Resource 34,221,000 1.4 4.4
*The historical estimates presented above are not in accordance with the mineral resources or mineral reserves classifications contained in the CIM Definition Standards on Mineral Resources and Mineral Reserves, as required by National Instrument 43-101 ("NI 43-101"). Accordingly, the company is not treating these historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and such historical estimates should not be relied upon. A qualified person has not done sufficient work to date to classify the historical estimates as current mineral resources or mineral reserves.
The existing Pine Point project currently has approximately nine years of reserves. The upgrading of N-204 to reserve by mid-summer and the upgrading of W-85 to reserve by late this year would result in a reserve that will support a 15-year mine life. This would still leave a significant amount of historical resource that can be upgraded for additional mine life. The objective in expending current funds to upgrade the historical resource is to extend the mine life of the project to a level where the project will support conventional long-term bank debt. It is envisioned that the existing US$60 million bridge loan which the company is currently negotiating will be repaid with conventional, lower-interest bank lending once the project is up and running. Having a greater-than-15-year mine life is expected to allow the Company to negotiate more favorable terms for future financing packages.
Mike Willett, CEO of Tamerlane Ventures, commented, "We plan to build Tamerlane into a mid-tier company, and to do this we need long-life projects. The combination of a long-life reserve coupled with the modest amount of capital expenditure to get the project into production results in Tamerlane being an attractive base metal exploration/development company. As we advance toward building the mine and the processing facility, we expect to continue converting historical resources into reserves, further strengthening the project."
Mr. Willett continued, "In addition, we also have 35 geophysical anomalies that have been identified since we acquired the property, but which have not yet been tested. Our plan is to move forward with an exploration program to test several of these anomalies."
The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.
About the Pine Point Project
The Pine Point project is an advanced and permitted Pb/Zn project that hosts extensive infrastructure and significant Pb/Zn resources. The project is situated adjacent to a paved road, close to existing hydro facilities, and the existing rail head at Hay River connects directly to the south. A bankable feasibility study was completed in 2008 that identified robust economics. Technical work completed to date has provided confirmation that there has been minimal impact to the capital and operating cost estimates over the last two years. The Company is currently building additional reserves through a program of confirmation diamond drilling.
The Pine Point Mine was the largest and most profitable lead-zinc mine in Canadian history and extracted over 64,259,570 tonnes of ore at a grade of 7.0% zinc and 3.1% lead between 1964 and 1987. The Pine Point Concentrates were sought after by smelters around the world due to their high purity.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company's immediate focus is bringing the 100%-owned Pine Point project to production. Tamerlane plans to sell the well-known Pine Point Concentrates to various smelting facilities around the world. The Company is also developing its Los Pinos heap leach copper project in Peru.
On behalf of Tamerlane Ventures Inc.
Michael A. Willett, Chief Executive Officer
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments, as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and, accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include, but are not limited to, the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Tamerlane Ventures Inc.
Gregg Sloate
Director of Investor Relations and Corporate Communications
(360) 752-9462
(360) 752-9463 (FAX)
gsloate@tamerlaneventures.com
www.tamerlaneventures.com
Click here to see all recent news from this company
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This is a standard press release. Learn more about press release distribution from Marketwire to find out how to get your news featured here and on thousands of targeted news outlets.
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Tamerlane sollte nicht ausser acht gelassen werden. Ich denke hier könnte bald was zur Finanzierung kommen. Für mich ein Titel der 2011 abdüsen könnte.....
Hier die Präsentation vom Mai. Ein Blick drauf lohnt sich.
http://www.tamerlaneventures.com/images/pdf/Tamerlane_Invest…
Hier die Präsentation vom Mai. Ein Blick drauf lohnt sich.
http://www.tamerlaneventures.com/images/pdf/Tamerlane_Invest…
Antwort auf Beitrag Nr.: 41.547.129 von Rohstoffinvestor am 24.05.11 10:58:17theoretisch schon,
aktuell gehts leider in die andere Richtung. Ich befürchte ,dass das Weltwirtschaftswachstum aufgrund softlandig china sinkt und somit die Preise von Zink/Blei ebenfalls sinken. Wäre saudumm, für die ausstehende Finanzierung. Das würde die ganze schöne Präsentation mit Wachstumsszenario und Angebotsdefizit reif für den Mülleimer machen.
aktuell gehts leider in die andere Richtung. Ich befürchte ,dass das Weltwirtschaftswachstum aufgrund softlandig china sinkt und somit die Preise von Zink/Blei ebenfalls sinken. Wäre saudumm, für die ausstehende Finanzierung. Das würde die ganze schöne Präsentation mit Wachstumsszenario und Angebotsdefizit reif für den Mülleimer machen.
Antwort auf Beitrag Nr.: 41.551.318 von putzig am 24.05.11 22:01:24Nein - lt. aktuellen Infos von verschiedenen Rohstoffanalysten gibt es ein Zinkdefizit in den nächsten Jahren.
Blei ist aufgrund der wenigen Minen im Preis relativ stabil.
Ich sehe hier leichte Rückgänge, aber keinen Absturz. Deshalb ist für mich Tamerlane ein klarer Kauf.
Softlanding in China heißt nicht das keine Rohstoffe gebraucht werden in den nächsten 10 Jahren.
Blei ist aufgrund der wenigen Minen im Preis relativ stabil.
Ich sehe hier leichte Rückgänge, aber keinen Absturz. Deshalb ist für mich Tamerlane ein klarer Kauf.
Softlanding in China heißt nicht das keine Rohstoffe gebraucht werden in den nächsten 10 Jahren.
und noch was:
Derzeit ist die Angst vor einem Deflations-Szenario wie in 2008 extrem groß.
Rohstoffwerte und vorallem Explorer haben dies schon mehr als eingepreist. Auch bei guten Projekten - sogar bei Gold sehen wir miserable Kurse. Auch der Markt irrt manchmal.
Antizyklisch handeln wäre angesagt - jedoch jammert jeder nur herum.
Die Welt dreht sich weiter - mehr Menschen , mehr Rohstoffe werden gebraucht - und das Angebot wird immer knapper.
Derzeit ist die Angst vor einem Deflations-Szenario wie in 2008 extrem groß.
Rohstoffwerte und vorallem Explorer haben dies schon mehr als eingepreist. Auch bei guten Projekten - sogar bei Gold sehen wir miserable Kurse. Auch der Markt irrt manchmal.
Antizyklisch handeln wäre angesagt - jedoch jammert jeder nur herum.
Die Welt dreht sich weiter - mehr Menschen , mehr Rohstoffe werden gebraucht - und das Angebot wird immer knapper.
Antwort auf Beitrag Nr.: 41.551.492 von Rohstoffinvestor am 24.05.11 22:37:06langfristig gesehen, hast Du ja vollkommen recht.
Tamerlane Secures Additional Funding to Advance Pine Point: Key Project Equipment Purchased
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) is pleased to report, that Renvest Mercantile Bancorp Inc. (“Renvest”), through its Global Resource Fund, the Company’s current lender, has agreed to subscribe for 3,846,154 common shares of equity at C$0.26 per share for a total equity investment of C$1.0 million. This transaction is expected to close on or before July 29, 2011 and is subject to approval by the TSX-Venture Exchange. The private placement of common shares will carry a four month hold period. No finder’s fees will be paid.
Renvest has agreed to subscribe for an additional C$1.0 million and be the lead order in a future equity placement the Company will undertake as part of the larger scale financing the Company is planning to complete later this fall. This tranche of equity is expected to be priced in the context of the market at the time and is expected to be issued at the same price and terms as subscriptions by other investors.
In order to proceed with advancing the Pine Point Project and incurring capital expenditures, Renvest has agreed to advance the second USD$5.0 million tranche of the previously announced US $10.0 million debt deal, which was closed and news released on December 16, 2010. A USD$50,000 extension fee will be paid to the Global Resource Fund to reinstate the facility. The full USD$5.0 million will be available for general corporate working capital, including continuation of development engineering, and for the purchase of long-lead items and equipment available on the secondary market, that can be purchased at deep discount to the prices used in the feasibility study. All other conditions on the Company’s ability to draw on the second USD$5.0 million tranche remain the same. The Company anticipates drawing USD$2.5 million of these funds by month end.
Tamerlane has entered into a binding agreement with a court ordered interim receiver for the purchase of a new, never-used, complete C$900,000 flotation equipment package at a considerable discount to current market prices. This flotation equipment will form a key piece of the processing and production facility at the Tamerlane R-190 Deposit at the Pine Point property. In advancing the project, the Company anticipates that the purchase of this processing equipment will close within 30 days and funds from the second tranche of the Renvest debt facility will be used for the purchase.
Tamerlane CEO Michael Willett commented: “We are extremely pleased that Renvest has chosen to participate in this project, not only as our lender, but now as an equity investor. This arrangement has allowed us to continue to advance the Pine Point Project with an opportunistic purchase of the flotation equipment.
This deal paves the way to implement the construction of the project leading to production on schedule, while we continuously look at ways to minimize the capital cost of the project. Tamerlane continues to advance all facets of the project financing, including the existing USD$60 million debt financing, the equipment leasing package, equity funding and off-take / metal streaming agreements. We are in advanced stage discussions with multiple financing providers on various term sheets. Renvest has a good understanding of the project and it’s their continued support that will benefit all shareholders.”
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company’s immediate focus is bringing the 100%-owned Pine Point Project to production. The Company is currently in the financing phase and expects to commence construction this fall. Tamerlane plans to sell the well-known, Pine Point Concentrates to various smelting facilities around the world. The Company also plans to develop its Los Pinos heap leach copper project in Peru.
“Michael A. Willett”
Chief Executive Officer
For further information, please contact:
Tamerlane Ventures Inc.
Tom Corcoran
Director of Investor Relations and Corporate Communications
E-mail: tcorcoran@tamerlaneventures.com
Phone:
Cell:
(360) 752-9462
(360) 303-2703
Website: www.tamerlaneventures.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
441 Peace Portal Drive Blaine WA 98230 | P. 360.332.4653 | F. 360. 332.4652
http://www.tamerlaneventures.com/index.php/news-mainmenu-5/n…
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) is pleased to report, that Renvest Mercantile Bancorp Inc. (“Renvest”), through its Global Resource Fund, the Company’s current lender, has agreed to subscribe for 3,846,154 common shares of equity at C$0.26 per share for a total equity investment of C$1.0 million. This transaction is expected to close on or before July 29, 2011 and is subject to approval by the TSX-Venture Exchange. The private placement of common shares will carry a four month hold period. No finder’s fees will be paid.
Renvest has agreed to subscribe for an additional C$1.0 million and be the lead order in a future equity placement the Company will undertake as part of the larger scale financing the Company is planning to complete later this fall. This tranche of equity is expected to be priced in the context of the market at the time and is expected to be issued at the same price and terms as subscriptions by other investors.
In order to proceed with advancing the Pine Point Project and incurring capital expenditures, Renvest has agreed to advance the second USD$5.0 million tranche of the previously announced US $10.0 million debt deal, which was closed and news released on December 16, 2010. A USD$50,000 extension fee will be paid to the Global Resource Fund to reinstate the facility. The full USD$5.0 million will be available for general corporate working capital, including continuation of development engineering, and for the purchase of long-lead items and equipment available on the secondary market, that can be purchased at deep discount to the prices used in the feasibility study. All other conditions on the Company’s ability to draw on the second USD$5.0 million tranche remain the same. The Company anticipates drawing USD$2.5 million of these funds by month end.
Tamerlane has entered into a binding agreement with a court ordered interim receiver for the purchase of a new, never-used, complete C$900,000 flotation equipment package at a considerable discount to current market prices. This flotation equipment will form a key piece of the processing and production facility at the Tamerlane R-190 Deposit at the Pine Point property. In advancing the project, the Company anticipates that the purchase of this processing equipment will close within 30 days and funds from the second tranche of the Renvest debt facility will be used for the purchase.
Tamerlane CEO Michael Willett commented: “We are extremely pleased that Renvest has chosen to participate in this project, not only as our lender, but now as an equity investor. This arrangement has allowed us to continue to advance the Pine Point Project with an opportunistic purchase of the flotation equipment.
This deal paves the way to implement the construction of the project leading to production on schedule, while we continuously look at ways to minimize the capital cost of the project. Tamerlane continues to advance all facets of the project financing, including the existing USD$60 million debt financing, the equipment leasing package, equity funding and off-take / metal streaming agreements. We are in advanced stage discussions with multiple financing providers on various term sheets. Renvest has a good understanding of the project and it’s their continued support that will benefit all shareholders.”
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company’s immediate focus is bringing the 100%-owned Pine Point Project to production. The Company is currently in the financing phase and expects to commence construction this fall. Tamerlane plans to sell the well-known, Pine Point Concentrates to various smelting facilities around the world. The Company also plans to develop its Los Pinos heap leach copper project in Peru.
“Michael A. Willett”
Chief Executive Officer
For further information, please contact:
Tamerlane Ventures Inc.
Tom Corcoran
Director of Investor Relations and Corporate Communications
E-mail: tcorcoran@tamerlaneventures.com
Phone:
Cell:
(360) 752-9462
(360) 303-2703
Website: www.tamerlaneventures.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
441 Peace Portal Drive Blaine WA 98230 | P. 360.332.4653 | F. 360. 332.4652
http://www.tamerlaneventures.com/index.php/news-mainmenu-5/n…
Antwort auf Beitrag Nr.: 41.827.731 von Trockentrader am 22.07.11 00:29:37Danke für die Info.
Wieder ein Steinchen mehr im Mosaik. Ich denke das Renvest nicht umsonst investiert.
Das Potential wird total unterschätzt.
Tamerlane ist ein klarer Kauf - meine Meinung.
Wieder ein Steinchen mehr im Mosaik. Ich denke das Renvest nicht umsonst investiert.
Das Potential wird total unterschätzt.
Tamerlane ist ein klarer Kauf - meine Meinung.
Antwort auf Beitrag Nr.: 41.828.096 von Rohstoffinvestor am 22.07.11 08:01:07Mein Bauchgefühl sagt mir der Deal war i.o., auch wenn ich lieber eine Verwässerung bei Kurs 0,45 anstatt 0,26 gesehen hätte.
Ich hoffe nur, dass zukünftige Verwässerungen nicht zu hoch ausfallen.
Ansonsten halte ich Tamerlane für sowas von unterbewertet. Habe leider mal wieder zu teuer nachgekauft. Aber was solls, wenn ich mit meiner Unterbewertung recht habe, fällt das gering ins Gewicht. Lieber mit ein paar Stücken mehr drin als nur zuzuschauen.
Ich hoffe nur, dass zukünftige Verwässerungen nicht zu hoch ausfallen.
Ansonsten halte ich Tamerlane für sowas von unterbewertet. Habe leider mal wieder zu teuer nachgekauft. Aber was solls, wenn ich mit meiner Unterbewertung recht habe, fällt das gering ins Gewicht. Lieber mit ein paar Stücken mehr drin als nur zuzuschauen.
Antwort auf Beitrag Nr.: 41.828.928 von putzig am 22.07.11 10:07:34Mir gefallen diese Turnaround Stories wie bei Tamerlane.
(ähnlich Advanced Explorations, Zaruma, Petro One Energy, Mustang , etc.)
Noch hat niemand Interesse an der Aktie.
Man kann noch billig einsteigen. Die Voraussetzungen für den Produktionsbeginn sind alle da.
Man braucht nur noch am Bahnsteig zu warten bis der Zug kommt und losfährt.
(ähnlich Advanced Explorations, Zaruma, Petro One Energy, Mustang , etc.)
Noch hat niemand Interesse an der Aktie.
Man kann noch billig einsteigen. Die Voraussetzungen für den Produktionsbeginn sind alle da.
Man braucht nur noch am Bahnsteig zu warten bis der Zug kommt und losfährt.
Antwort auf Beitrag Nr.: 41.830.171 von Rohstoffinvestor am 22.07.11 13:25:27naja, Changen überwiegen eindeutig die Risiken, aber ich habe schon Pferde kotzen sehen. Deswegen keine Blinde investition. Immer bischen verteilen!
z.B: Crowflight: alles da, Geld, Resourcen, Neue Anlage, Nickelpreis weit über Produktionskosten, Angekündigt als neuer Nickelproduzent in Canada...... dann Produktionsverzögerung, täglicher throughput nicht erreicht, Verzögerungen, Kapitalbedarf, Verwässert, läuft immer noch nicht, weiter verwässert, Stillstand der Produktion, unendlich verwässert und läuft bis heute noch nicht richtig. Kurs am Boden bei 0,08cad. Bin da zwar schon lange nicht mehr drin, aber Altaktionäre die bis heute an ein Wunder glauben, werden an der Hoffnung sterben weil selbst wenn die Produktion irgendwann mal stabil läuft, die Bude mind. 10* soviele Aktien herausgegeben hat. Dabei war bei 0,45 cad tenbagger-potential gegeben.
Risiken: Weltwirtschaftsentwicklung geht abwärts, Zink/Blei-Preise sinken, Endfinanzierung kann nicht gesichert werden,....... den Rest kannst Du dir ausmalen.
Kann man den sichergehen, dass in 2-3 Jahren tatsächlich ein Abgebotsdefizit vorliegt ??? Abwarten. Trevali z.B. geht mit 2 Properties Ende 11 / bzw. Anfang 12 neu in Produktion und das ist nur eine von vielen Gesellschaften.
z.B: Crowflight: alles da, Geld, Resourcen, Neue Anlage, Nickelpreis weit über Produktionskosten, Angekündigt als neuer Nickelproduzent in Canada...... dann Produktionsverzögerung, täglicher throughput nicht erreicht, Verzögerungen, Kapitalbedarf, Verwässert, läuft immer noch nicht, weiter verwässert, Stillstand der Produktion, unendlich verwässert und läuft bis heute noch nicht richtig. Kurs am Boden bei 0,08cad. Bin da zwar schon lange nicht mehr drin, aber Altaktionäre die bis heute an ein Wunder glauben, werden an der Hoffnung sterben weil selbst wenn die Produktion irgendwann mal stabil läuft, die Bude mind. 10* soviele Aktien herausgegeben hat. Dabei war bei 0,45 cad tenbagger-potential gegeben.
Risiken: Weltwirtschaftsentwicklung geht abwärts, Zink/Blei-Preise sinken, Endfinanzierung kann nicht gesichert werden,....... den Rest kannst Du dir ausmalen.
Kann man den sichergehen, dass in 2-3 Jahren tatsächlich ein Abgebotsdefizit vorliegt ??? Abwarten. Trevali z.B. geht mit 2 Properties Ende 11 / bzw. Anfang 12 neu in Produktion und das ist nur eine von vielen Gesellschaften.
Antwort auf Beitrag Nr.: 41.830.240 von putzig am 22.07.11 13:40:43Da hast du recht- es kann natürlich viel dazwischenkommen. Aber mehr als Sterben kann man nie im Leben . Geld ist nicht alles. Ich mache mir keine Sorgen und versuche eben zu streuen und immer genug Cash zu halten.
Antwort auf Beitrag Nr.: 41.830.258 von Rohstoffinvestor am 22.07.11 13:43:46Es ist wieder Zeit einzukaufen @0.2 Grenze - was ich auch heute getan habe.
Tamerlane Provides Update On Its Pine Point Project
Wednesday, 21 September 2011 07:14
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) is pleased to provide an update on recent activities with respect to its Pine Point project in Canada’s Northwest Territories. The Company continues to progress with resource delineation, geotechnical studies, environmental permitting, procurement and engineering activities.
Additional Resource and Reserve Delineation
In addition to the six underground deposits that are currently reported as reserves, the next deposits which will give the Company upwards of 15 years of reserves and resources have recently been drilled. Drilling has been completed on the W-85 deposit, where the historic resource (which is not NI 43-101 compliant and should not be relied upon) is 3.7 million tonnes containing an estimated 2.3% lead and 4% zinc. Core samples are currently being processed and assays should be available within 2 weeks. In addition, Tamerlane will be converting the N-204 resource to a reserve and has contracted with an outside firm to complete this work by year-end. Work will follow immediately with preparation of a NI 43-101 resource estimate for W-85.
A boundary survey of twenty-four claims that previously were not taken to lease has been contracted and is 50% complete. This will allow Tamerlane to convert all its remaining holdings at Pine Point to mining leases.
Geotechnical Studies
Fourteen soil test holes have been completed to provide data for the foundation design of the mill and the mine buildings. The next phase is to finalize the engineering design for these structures. Two consulting groups are currently working on the geotechnical design for the underground workings. A further drill program consisting of six holes to establish parameters for the freeze wall design is currently underway at the Pine Point site. The drilling will be instrumental in establishing the drilling parameters, equipment and bit specifications for completing the 300 freeze wall holes around the R-190 deposit. A consulting group is currently working on final engineering designs for the freeze wall.
Environmental Permitting
In 2008, the Mackenzie Valley Land and Water Board issued Tamerlane a Type “A” land use permit pertaining to the completion and construction of the main mine site at the R-190 deposit location at the Pine Point project. In 2009, Tamerlane received notice that the federal Minister of Indian and Northern Affairs had also approved and signed the project’s water license. These permits remain in effect.
The Company has submitted an application to amend the Water License for the change of the access from a shaft to a ramp. This will also allow for reissuance of the Land Use Permit, with the result that both the Water License and the Land Use Permit will be available for the full maximum term of 5 years. The Company expects that the final approvals for this change can be obtained by the end of the year and anticipates that construction can begin immediately after approvals are received if financing is in place. The Company will post the environmental bond for construction at that time.
The Company is completing baseline studies for the additional five deposits that are currently carried in reserves and for the N-204 deposit. All permits for this work have been granted. It is expected that this work will be completed by year-end. This work does not affect the construction and mining of the R-190 deposit.
Procurement
The Company has recently hired a procurement professional and has begun actively sourcing quality used equipment for the Pine Point project. The flotation equipment that was purchased for the project is in transit to Seattle, Washington from Juneau, Alaska. The sourcing of other quality used equipment similar to these flotation units should provide Tamerlane with additional capital cost savings for the project.
Engineering
The definitive engineering for the project is ongoing and the Company is funded to complete this phase of the pre-construction work. Definitive engineering is proceeding both for the surface infrastructure and the underground workings. The Company currently has engaged numerous consultants to work on various aspects of the project. The project continues to be managed by Tamerlane’s engineering staff.
Project Financing
The project financing work is proceeding and the Company continues to solicit more proposals for funding the project. The major hurdle to closing any funding is the current share price. To this end, the Company will be putting a significant amount of effort towards introducing the project to potential new shareholders. Recently the Company displayed and presented at the Cambridge Resource Investment Conference in Toronto, Ontario. The Company will be displaying at the Global Chinese Financial Forum conference in Toronto this weekend, September 23 – 25, 2011. The Company is currently fully funded to complete the current pre-construction work.
Project Economics
A recent economic review of the 2008 feasibility study has confirmed that the reported reserves and resources of the Pine Point project continue to be economic. The updated cash flow model continues to demonstrate robust economics, with a pre-tax internal rate of return on the project of 27% and pre-tax, pre-financing cash flow generated from the project of $207 million at US$1.10 lead and zinc prices. At US$1.10 lead and US$1.50 zinc prices, the pre-tax internal rate of return is 60% and pre-tax, pre-financing cash flow is $435 million. This cash flow does not include any inclusion or upside from the development of the N-204 or W-85 deposits.
Mike Willett, Chief Executive Officer, commented, “The various engineering projects underway will allow us to be ready to move into the construction phase quickly, once financing is in place. At this time the Company’s primary focus is to introduce the project to institutions and analysts so that they can follow the progress of the Company as it moves towards construction of its Pine Point project. Tamerlane’s current stock price and market capitalization do not reflect the fact that the Company has over $7.8 billion of metal in the ground, in reserves, resources and historic resources.”
Conference Call
Tamerlane management will host a conference call on Thursday, September 22, 2011 at 11:00 am Pacific time (2:00 pm Eastern time) to discuss the Pine Point project and related developments. Mining analysts, investors and the media are invited to dial toll-free 1-800-619-4068 in Canada and the United States, or 1-517-308-9192 from international locations (normal toll rates do apply) and state the verbal passcode "Tamerlane". Please dial in approximately 5 minutes before the start of management's presentation. The presentation will be followed by a question and answer period.
The conference call will be available on the Tamerlane Ventures website at www.tamerlaneventures.com via a downloadable audio file.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company’s immediate focus is bringing the 100%-owned Pine Point Project to production. The Company is currently in the financing phase and expects to commence construction this fall. Tamerlane plans to sell the well-known, Pine Point Concentrates to various smelting facilities around the world. The Company also plans to develop its Los Pinos heap leach copper project in Peru.
“Michael A. Willett”
Chief Executive Officer
For further information, please contact:
Tamerlane Ventures Inc.
Quelle:
http://www.tamerlaneventures.com/index.php/news-mainmenu-5/n…
Wednesday, 21 September 2011 07:14
Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) is pleased to provide an update on recent activities with respect to its Pine Point project in Canada’s Northwest Territories. The Company continues to progress with resource delineation, geotechnical studies, environmental permitting, procurement and engineering activities.
Additional Resource and Reserve Delineation
In addition to the six underground deposits that are currently reported as reserves, the next deposits which will give the Company upwards of 15 years of reserves and resources have recently been drilled. Drilling has been completed on the W-85 deposit, where the historic resource (which is not NI 43-101 compliant and should not be relied upon) is 3.7 million tonnes containing an estimated 2.3% lead and 4% zinc. Core samples are currently being processed and assays should be available within 2 weeks. In addition, Tamerlane will be converting the N-204 resource to a reserve and has contracted with an outside firm to complete this work by year-end. Work will follow immediately with preparation of a NI 43-101 resource estimate for W-85.
A boundary survey of twenty-four claims that previously were not taken to lease has been contracted and is 50% complete. This will allow Tamerlane to convert all its remaining holdings at Pine Point to mining leases.
Geotechnical Studies
Fourteen soil test holes have been completed to provide data for the foundation design of the mill and the mine buildings. The next phase is to finalize the engineering design for these structures. Two consulting groups are currently working on the geotechnical design for the underground workings. A further drill program consisting of six holes to establish parameters for the freeze wall design is currently underway at the Pine Point site. The drilling will be instrumental in establishing the drilling parameters, equipment and bit specifications for completing the 300 freeze wall holes around the R-190 deposit. A consulting group is currently working on final engineering designs for the freeze wall.
Environmental Permitting
In 2008, the Mackenzie Valley Land and Water Board issued Tamerlane a Type “A” land use permit pertaining to the completion and construction of the main mine site at the R-190 deposit location at the Pine Point project. In 2009, Tamerlane received notice that the federal Minister of Indian and Northern Affairs had also approved and signed the project’s water license. These permits remain in effect.
The Company has submitted an application to amend the Water License for the change of the access from a shaft to a ramp. This will also allow for reissuance of the Land Use Permit, with the result that both the Water License and the Land Use Permit will be available for the full maximum term of 5 years. The Company expects that the final approvals for this change can be obtained by the end of the year and anticipates that construction can begin immediately after approvals are received if financing is in place. The Company will post the environmental bond for construction at that time.
The Company is completing baseline studies for the additional five deposits that are currently carried in reserves and for the N-204 deposit. All permits for this work have been granted. It is expected that this work will be completed by year-end. This work does not affect the construction and mining of the R-190 deposit.
Procurement
The Company has recently hired a procurement professional and has begun actively sourcing quality used equipment for the Pine Point project. The flotation equipment that was purchased for the project is in transit to Seattle, Washington from Juneau, Alaska. The sourcing of other quality used equipment similar to these flotation units should provide Tamerlane with additional capital cost savings for the project.
Engineering
The definitive engineering for the project is ongoing and the Company is funded to complete this phase of the pre-construction work. Definitive engineering is proceeding both for the surface infrastructure and the underground workings. The Company currently has engaged numerous consultants to work on various aspects of the project. The project continues to be managed by Tamerlane’s engineering staff.
Project Financing
The project financing work is proceeding and the Company continues to solicit more proposals for funding the project. The major hurdle to closing any funding is the current share price. To this end, the Company will be putting a significant amount of effort towards introducing the project to potential new shareholders. Recently the Company displayed and presented at the Cambridge Resource Investment Conference in Toronto, Ontario. The Company will be displaying at the Global Chinese Financial Forum conference in Toronto this weekend, September 23 – 25, 2011. The Company is currently fully funded to complete the current pre-construction work.
Project Economics
A recent economic review of the 2008 feasibility study has confirmed that the reported reserves and resources of the Pine Point project continue to be economic. The updated cash flow model continues to demonstrate robust economics, with a pre-tax internal rate of return on the project of 27% and pre-tax, pre-financing cash flow generated from the project of $207 million at US$1.10 lead and zinc prices. At US$1.10 lead and US$1.50 zinc prices, the pre-tax internal rate of return is 60% and pre-tax, pre-financing cash flow is $435 million. This cash flow does not include any inclusion or upside from the development of the N-204 or W-85 deposits.
Mike Willett, Chief Executive Officer, commented, “The various engineering projects underway will allow us to be ready to move into the construction phase quickly, once financing is in place. At this time the Company’s primary focus is to introduce the project to institutions and analysts so that they can follow the progress of the Company as it moves towards construction of its Pine Point project. Tamerlane’s current stock price and market capitalization do not reflect the fact that the Company has over $7.8 billion of metal in the ground, in reserves, resources and historic resources.”
Conference Call
Tamerlane management will host a conference call on Thursday, September 22, 2011 at 11:00 am Pacific time (2:00 pm Eastern time) to discuss the Pine Point project and related developments. Mining analysts, investors and the media are invited to dial toll-free 1-800-619-4068 in Canada and the United States, or 1-517-308-9192 from international locations (normal toll rates do apply) and state the verbal passcode "Tamerlane". Please dial in approximately 5 minutes before the start of management's presentation. The presentation will be followed by a question and answer period.
The conference call will be available on the Tamerlane Ventures website at www.tamerlaneventures.com via a downloadable audio file.
About Tamerlane Ventures Inc.
Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company’s immediate focus is bringing the 100%-owned Pine Point Project to production. The Company is currently in the financing phase and expects to commence construction this fall. Tamerlane plans to sell the well-known, Pine Point Concentrates to various smelting facilities around the world. The Company also plans to develop its Los Pinos heap leach copper project in Peru.
“Michael A. Willett”
Chief Executive Officer
For further information, please contact:
Tamerlane Ventures Inc.
Quelle:
http://www.tamerlaneventures.com/index.php/news-mainmenu-5/n…
Kaufkurse ? - ich denke 2012 könnte ein gutes Jahr werden für Tamerlane.
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Warrants 11 - Acquisition carried out privately 350,000 $0.130
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Warrants 00 - Opening Balance-Initial SEDI Report
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Common Shares 11 - Acquisition carried out privately 2,307,692 $0.130
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Common Shares 11 - Acquisition carried out privately 7,692,308 $0.130
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report
Dec 23/11 Dec 22/11 Kent, Margaret Meri Control or Direction Common Shares 10 - Acquisition in the public market 167,000 $0.095
Dec 23/11 Dec 21/11 Kent, Margaret Meri Control or Direction Common Shares 10 - Acquisition in the public market 77,000 $0.095
Dec 21/11 Dec 20/11 Kent, Margaret Meri Control or Direction Common Shares 10 - Acquisition in the public market 306,000 $0.095
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Warrants 11 - Acquisition carried out privately 350,000 $0.130
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Warrants 00 - Opening Balance-Initial SEDI Report
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Common Shares 11 - Acquisition carried out privately 2,307,692 $0.130
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Common Shares 11 - Acquisition carried out privately 7,692,308 $0.130
Dec 24/11 Dec 23/11 Consolidated International Investment Holdings Inc. Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report
Dec 23/11 Dec 22/11 Kent, Margaret Meri Control or Direction Common Shares 10 - Acquisition in the public market 167,000 $0.095
Dec 23/11 Dec 21/11 Kent, Margaret Meri Control or Direction Common Shares 10 - Acquisition in the public market 77,000 $0.095
Dec 21/11 Dec 20/11 Kent, Margaret Meri Control or Direction Common Shares 10 - Acquisition in the public market 306,000 $0.095
Antwort auf Beitrag Nr.: 42.522.345 von Rohstoffinvestor am 27.12.11 08:08:31Hm, wäre ja schön wenn meine tamerlane mal wieder ordentlich steigen würde
Antwort auf Beitrag Nr.: 42.522.779 von putzig am 27.12.11 11:32:19auf der anderen Seite wollten die bis zu 2 Mio $ durch das PP (auf niedrigstem Niveau) erhalten, 1,44 sind es nur geworden.
Und das die Kent das ausnutzt war klar. Hat ja das Insiderwissen.
Hängt wohl alles von den Blei- und Zinkpreisen ab und die sind ja derzeit nicht so berauschend.
Und das die Kent das ausnutzt war klar. Hat ja das Insiderwissen.
Hängt wohl alles von den Blei- und Zinkpreisen ab und die sind ja derzeit nicht so berauschend.
Antwort auf Beitrag Nr.: 42.522.926 von putzig am 27.12.11 12:30:35Trotzdem sollten die Blei und Zinkpreise stabil bleiben. Wer weiss wo der Preis in 5 Jahren steht. Die MK ist derzeit bei ca. 10 MIO CAD voll verwässert - das ist einfach zu gering.
Ich denke Tamerlane wird sich einen Partner suchen (müssen) oder das ganze Projekt verhökern. Und wenn Sie dabei nur 50 - 100 Mio erlösen - ergäbe das einen 5 oder 10bagger.
Grund genug einzusteigen. Restrisiko ist aus meiner Sicht extrem gering.
Für 10 Mille würden Interessenten Schlange stehen.
Ich sehe es aus dieser Sicht.
Ich denke Tamerlane wird sich einen Partner suchen (müssen) oder das ganze Projekt verhökern. Und wenn Sie dabei nur 50 - 100 Mio erlösen - ergäbe das einen 5 oder 10bagger.
Grund genug einzusteigen. Restrisiko ist aus meiner Sicht extrem gering.
Für 10 Mille würden Interessenten Schlange stehen.
Ich sehe es aus dieser Sicht.
Genau..sehe ich auch so!!
will gar nicht erahnen was passiert, wenn sie ne Finanzierung hinkriegen....
50 cent oder 60 cent auf Anhieb??
50 cent oder 60 cent auf Anhieb??
Antwort auf Beitrag Nr.: 42.524.068 von Alfgolf am 27.12.11 19:03:29Vergiss es. Finanzierung werden die hinkriegen nur wenn Zinc stabil ueber 1.3 US/lb geht. Zur Zeit ist die beste zeit eizusammeln. Obwohl ich befurchte Aktien Preiss hat noch moglichkeit zu halbieren auf etwa 0.06 CAD aber dann ist schluss. das sollte aber pasieren wenn wie alle befurchten deflationaere tendenzen bewahrheiten und Zinc auf 0.6 US/lb rutscht. Konnte auch durchaus pasieren. deschalb gehe ich nur mit halben position ein.
Antwort auf Beitrag Nr.: 42.538.936 von recession am 02.01.12 13:33:00Na ja. Die position habe heute @0.175 mit +75% verkauft. hab nicht gedacht, dass es so schnell geht.
Antwort auf Beitrag Nr.: 42.561.463 von recession am 06.01.12 18:24:23Der Grund ?
BNN TV
The mining analyst is Christoper Eccelstone. He is the Principal and mining strategist at Hallgarten and Company in New York. He is also a director of Mediterranean Resources, a mining company listed on the TSX.
He is bullish on zinc and believe there will be zinc shortage in the next few years. A caller asked about TAM in particular and he said he really likes Tamerlane and thinks TAM has a huge reserve with great potential and they are well positioned to take advantage of the upcoming shortage.
BNN TV
The mining analyst is Christoper Eccelstone. He is the Principal and mining strategist at Hallgarten and Company in New York. He is also a director of Mediterranean Resources, a mining company listed on the TSX.
He is bullish on zinc and believe there will be zinc shortage in the next few years. A caller asked about TAM in particular and he said he really likes Tamerlane and thinks TAM has a huge reserve with great potential and they are well positioned to take advantage of the upcoming shortage.
Tamerlane ist schon vergessen worden - aus meiner Sicht ist die Story intakt und es könnte bald die Finanzierung vermeldet werden.
Die Präsentation auf der Homepage ist aktualisiert.
Ich werde hier nochmals nachkaufen. Zink hat gute Aussichten in den nächsten Jahren.
Conclusion aus der Präsentation:
Tamerlane to date has developed and brought into NI 43-101 compliance:
7.8 million tonnes of underground Reserves
12.8 million tonnes of open pit Reserves
•
The project can be in production in mid 2014.
•
Cash costs of zinc production (crediting lead revenue to overall operating costs) is $0.49/lb for underground deposits and $0.47/lb for N-204 deposit.
•
Both open pit and underground Reserves can be mined simultaneously, significantly de-risking the overall project.
•
Addition of Indian Mountain Lake property provides future upside through operational synergies and exposure to precious metals.
Die Präsentation auf der Homepage ist aktualisiert.
Ich werde hier nochmals nachkaufen. Zink hat gute Aussichten in den nächsten Jahren.
Conclusion aus der Präsentation:
Tamerlane to date has developed and brought into NI 43-101 compliance:
7.8 million tonnes of underground Reserves
12.8 million tonnes of open pit Reserves
•
The project can be in production in mid 2014.
•
Cash costs of zinc production (crediting lead revenue to overall operating costs) is $0.49/lb for underground deposits and $0.47/lb for N-204 deposit.
•
Both open pit and underground Reserves can be mined simultaneously, significantly de-risking the overall project.
•
Addition of Indian Mountain Lake property provides future upside through operational synergies and exposure to precious metals.
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