Fakten Thread Bolero Resources Corp - 500 Beiträge pro Seite

[Avatar07]

Nichts als Fakten.

[Avatar07]

Wie ich in dem Haupt Thread schon einmal erwähnte, habe ich regelmässigen Telefonkontakt zu Bruce Duncan. Bruce kennt die Firma "Kursdiamanten" nicht, welche hier den Wert puscht (u.a. NTV Laufband mit 500% Chance). Ich gehe somit davon aus, dass Kursdiamanten über keine Insiderinfos verfügt. Wenn ein Börsenbrief wie hier geschehen Diamantbohrungen mit Diamantenprojekten gleichsetzt lässt dies meiner Meinung nach tief blicken. Bruce sucht jemanden, der hier in Deutschland IR für United Bolero betreibt, da er erkennt, dass das gehandelte Volumen in Deutschland meist höher als in Kanada ist. Er hat hier an den ehemaligen Geschäftsführer eines bekannten Börsenbriefes gedacht.
Wie ich heraushörte, denkt Bruce wohl mehr an Übernahme/Verkauf seiner Moly Liegenschaften als an Produktion. Eine eigene Produktion in absehbarer Zeit (z.B. 2 Jahre) halte ich auch für wenig wahrscheinlich ( fehlende indicated + measured resources, Feasibility Studie, Umweltgenehmigungen und vor allem finanzielle Mittel). Fakt ist, dass nahezu jeder Kanadischer Moly Explorer (TTM REsources, Yukon Columbia,...)von einer Übernahme durch einen grossen Producer wie TCM träumt. Was am Ende von den Träumen auch Wirklichkeit wird bleibt abzuwarten. Für den Anleger ist es mit Sicherheit ratsam mit der notwendigen Skepsis an die Sache heranzugehen und nicht einfach den marktschreierischen Parolen einiger Börsenbriefe blind zu folgen.

[Avatar07]

@ all

Nochmals zur viel diskutierten finanziellen Situation von Bolero:

...In terms of financing the company's ongoing operations, Bolero is sitting on C$3.5 million, having done a
placement late last year. In other words, Duncan said the company has no present need to go to the market
for financing. "We're sensitive to the share structure of the company, but we also see that we will soon have two NI43-101
compliant reports out this year, so I would expect the share price to be higher," he said. "We want to let the
drill bit tell the story before we go looking for any more money."...

Hinsichtlich des Placements kann man sich auf der Seite des Konsortiums von Aberdeen Gould informieren. Diese zeichneten damals für die Platzierung verantwortlich.


Grüße
vom Oil.

[Avatar07]

Hi,

hier nochmals ein Auszug aus den Dowjones Newsires vom 25.04.2007 zur finanziellen Lage von UNB:

"In terms of financing the company's ongoing operations, Bolero is sitting on C$3.5 million, having done a
placement late last year. In other words, Duncan said the company has no present need to go to the market
for financing.
We're sensitive to the share structure of the company, but we also see that we will soon have two NI43-101
compliant reports out this year, so I would expect the share price to be higher," he said. "We want to let the
drill bit tell the story before we go looking for any more money."

Nachzulesen auf der UNB-Homepage:
http://www.unitedbolero.com/docs/dowjones_newswire_20070425.…

[Avatar07]

Nochmals die Mail die ANFOX bekommen hat. Auf vielfachen Wunsch stelle ich diese nun in den Faktenthread:

Thank you for your interest in United Bolero .

Please look for news releases within the next week both with regards to the
results of the AGM and with news of drilling results that are currently
under way.

Best regards,

John Masters
United Bolero Development Corp.

[Avatar07]

Mal als Gutenacht-Lektüre


July 2007 Moly Letter

Molybdenum prices were on track to reach a two-year high but now appeared to have entered the summer doldrums. Although there are questions on the supply side – strikes in Mexico, Chile and Peru – and more questions about the supply from China after the imposition of some new tariffs, prices have drifted lower from last month.

Current molybdenum and ferromolybdenum pricing is shown in the tables below.



Reuters: July 4 June 7
Molybdenum Ferro ($/kg) WESTERN 74.50 79.00
Molybdenum Ferro ($/kg) CHINA 73.50 76.50
Molybdenum Oxide ($/lb) WESTERN 32.50 33.00

Metal Bulletin: July 5 June 8
European Molybdenum Oxide($/lb): 32.30-33.00 33.50-34.00
U.S. Molybdenum Oxide($/lb): 31.00-34.00 33.00-35.00
European Ferromoly 60% ($/kg) 71.00-73.00 75.00-76.00
European Ferromoly 65-70% ($/kg) 74.50-76.00 77.00-78.00
U.S. Ferromoly 65-70% ($/lb) 35.00-38.00 36.00-38.00

Ryan’s Notes July 3 June 5
Worldwide Oxide ($/lb) 32-32.3 32.35-33.80
Worldwide Oxide Mean ($/lb) 32.15 33.075
Chinese FeMo ($/kg) 71-73 74-75
US FeMo ($/lb) 36-37 36-37
Western FeMo ($/kg) 74-74.5 77-79





About a quarter of the world’s mined supply of molybdenum is under discussion with labour right now:

Mexico's mine union staged a 24-hour nationwide walkout over safety conditions and a long-running power struggle in the union and also plans a strike beginning July 16 at three Grupo Mexico facilities, including at La Caridad (about 5.5 million pounds of Mo produced in 2006). Last month, a similar strike threat roiled world copper markets but was withdrawn after the labour ministry ruled that union leader Napoleon Gomez, who currently resides in Canada, need not appear in Mexico to verify certain documents. Gomez was recently reinstated as union leader after being ousted by dissidents last year.

Contract workers at the Collahuasi mine, about 1,850km North of Santiago, Chile, plan to strike on July 9, having found an improved wage offer still too low. The mine is controlled by Xstrata Plc and Anglo American Plc, and produced about 7.5 million pounds Mo in 2006.

Also in Chile, the state-owned copper mining company, Codelco, restarted talks with striking subcontractors on July 4th. The subcontractors have been on strike since June 25th. Talks that now include a mediator have resulted in a plan to set-up two technical committees to study pay and productivity, and social benefits. Talks are ongoing.

Codelco's copper production has been cut at Radomiro Tomic, and at El Teniente. While no molybdenum is produced at the former, molybdenum concentrates are derived from the latter. The overall loss of molybdenum production, if any, has not been quantified. Codelco produced about 20.5 million pounds of molybdenum last year.

A strike at the Southern Copper operations in Peru was averted pending more talks, but things do not appear to be progressing well, and a new strike date has been set for next week. The Southern Copper Peru operations produced about 20.5 million pounds of molybdenum in 2006.

Assuming no significant strike losses and using the most recently published company results and government production statistics, 2007 mine production is indicated to be similar to that of 2006. Chile is running ahead of its (much-reduced) forecast, but Peru’s production was off a quarter in the January–May period.

China’s molybdenum exports are still in question. Early reports had 32 companies slated to receive export quotas, and now there seem to be just 18. The actual levels seem also to be under negotiation.

Unstated in all the public discussion about Chinese quotas is the overriding need to secure for Chinese mills like Baosteel, their largest steelmaker, and a rapidly growing user of molybdenum, a secure supply of lower-priced molybdenum in order to enable it to buy its way into foreign markets for finished product (like their new 2205 duplex stainless production, for example).

This is beyond any domestic military need – goes without saying.

Once their needs are covered, the western world will gain a better idea of what will be left over for export. However their success with export market penetration will not be a straight line on the chart.

That being said, based on what we know so far, 2007 seems like a year that will see the molybdenum supply deficit widen.
…

On the demand side, steel has been identified as a significant demand driver for molybdenum as more and more applications are calling for “engineered” steels containing small amounts of molybdenum. World crude steel production average growth rates are shown below. The recent structural change seen in steel is the single most powerful argument for optimism on molybdenum.


Years Growth
2005-06 9.0%
2000-05 6.1%
1995-00 2.3%
1990-95 -0.5%
1985-90 1.5%
1980-85 0.1%
1975-80 2.2%
1970-75 1.6%


More recent studies of the growth in molybdenum demand show good correlation with the steel growth rates shown in this table. see chart below.





World crude steel production was 112.2 million tonnes in May, according to the International Iron and Steel Institute’s most recent statistics. This is a 6.4 percent increase on May 2006. For the first 5 months of 2007, the increase was 9.1 percent over 2006.

Molybdenum demand growth in the 6-percent per year range, which would be comparable to that experienced by steel in the 2000-2005 period, indicates an incremental additional molybdenum requirement of about 24 million pounds per year (based on a nominal 400 million pound per year market demand). This is about 6 million pounds a year above the 4.5 percent industry forecasts we sometimes see, and indicates a need for significant additional mine production.

When a calculation is made of demand growth going forward at 6 percent a year, even after including full allowance for recycled molybdenum-bearing materials from catalysts, stainless steels and non-ferrous alloy castings, one is struck with the conclusion that an extraordinary number of junior resource companies will have to be successful in reaching production, in order to avoid a restriction in molybdenum usage.

Some others must also be coming to this conclusion as a handful of analysts are starting to predict yet higher prices, and we’re seeing several countries, particularly in Asia, start to establish molybdenum stockpiles.

Even the United States, which is rich in molybdenum resources, has implicitly recognized the importance of future molybdenum supply; In this case, molybdenum-bearing alloys are now found on a government critical materials list, along with certain other military components and software.


Pipelines

A major steel demand driver for molybdenum will be oil and gas pipelines. Europipe, the 50/50 joint venture between Dillinger Hutte and Salzgitter, which operates the world’s largest linepipe mill at Mulheim, Germany, a major innovator in the new X-120 pipeline steel, is forecasting a strong linepipe market until 2011, with another 165,000 km of linepipe to be laid. The company is itself investing in two more mills.

Alaska this month took the next step toward a natural gas pipeline from the North Slope by releasing a request for applications (RFA) to bring the state's natural gas to market. Publication of the document starts a process by which companies seeking exclusive rights to market the gas can win the licence. Applicants have until October 1 to submit proposals. All complete applications will then be released publicly for a 60-day review and comment period.

The pipe would move about 4.5 billion cubic feet per day from Prudhoe Bay across the Yukon to the Alberta border, and to the Lower 48 states – coming onstream around 2017.

Canadian crude oilsands operators planning to export crude oil to United States markets could face a capacity constraint as early as 2009, the Canadian Energy Pipeline Association (CEPA) said in June.

In its recently-released report on crude oil forecast, markets and pipeline expansions, the Canadian Association of Petroleum Producers (CAPP) lists seven currently proposed oil pipeline extensions which will provide an additional 1.3 million bbls per day of capacity from Western Canada to the west coast of British Columbia, the United States Midwest and Ontario, between 2007 and July 2010.

TransCanada Corporation is working on three alternatives to deliver between 400,000 bbls per day and 600,000 bbls a day to the Gulf Coast from Cushing. It is seeking expressions of interest this year and depending on the results will conduct an open season in the first quarter of 2008 with a target completion date in the fourth quarter of 2012.

TEPPCO is proposing to build a 370,000 bbl per day line from Cushing to refineries from western Louisiana to Texas City, Texas. If its bid for non-binding commitments is successful, it could be in service by the third quarter of 2010.
Altex is proposing a direct heavy crude oil pipeline from either Fort McMurray or Hardisty, Alberta to Port Arthur, Texas with an initial capacity of 250,000 bbls of oil per day. A contract carrier with some capacity for spot shippers, it could be in service in 2011.

Kinder Morgan is also considering three possible routes to the Gulf Coast including a bullet line from Hardisty, an extension of the Express Pipeline and a line from Patoka, Illinois.

Both Enbridge with its Gateway project and Kinder Morgan with its Trans Mountain TMX northern leg are proposing 400,000 bbl per day pipelines to Kitimat, B.C., a deepwater port that can accommodate Very Large Crude Carriers (VLCC). The 30-inch TMX line from Rearguard, B.C. could be in operation by early 2012 while Gateway from Edmonton to Kitimat has an anticipated in-service date of 2012-2014.

There also are a number of crude oil pipeline proposals in the United States for the 2007-2010 period which would increase the capacity for Western Canadian crude. They include a 30-inch greenfield line Enbridge is proposing from Chicago, Illinois to Lima, Ohio. The 450,000 bbl per day pipeline could be in service by mid-2010.

Post 2010, there are three pipeline proposals from Patoka, Illinois and Cushing, Oklahoma aimed at benefiting from the massive refinery capacity in the area - 7.6 million bbls per day including 2.4 million bbls a day of heavy capacity.

Enbridge and ExxonMobil are jointly developing a project from Patoka to the Beaumont and Houston, Texas areas. The 400,000 bbl per day Clydesdale line would have a start-up in late 2010.

The CAPP report said there also is a "significant" need for increased pipeline capacity beyond 2011 with a forecast requirement of another 1.9 million bbls per day by 2015 and more than 2.7 million bbls per day by 2020. It lists a number of projects which would transport Western Canadian crude to the U.S. Gulf Coast, to California and the west coast of B.C. for ocean shipment to Asia.

Existing, under construction, and planned North American pipelines are shown in the graphic below (Source: Oil and Gas Journal, July 2007)





Missiles

Military applications for molybdenum are showing up everywhere, it seems: China is acquiring at least 10 types of ballistic missiles including the DF-31 and DF-31A intercontinental ballistic missiles, cruise missiles, tactical air-to-surface missiles and anti-radiation missiles, in an extraordinary buying spree that may challenge U.S. forces, according to recent testimony in a House Armed Services Committee hearing. China admits to military spending of less than $50 billion a year although U.S. estimates indicate the actual amount is 2-3 times that.

Molybdenum and molybdenum alloys in the form of uniform spherical or atomized particles of 500 x 10-6 m diameter or less with a purity of 97 percent or more are used for the fabrication of rocket motor components: heat shields, nozzle substrates, nozzle throats, and thrust vector control surfaces.


The Scramjet

In June, it was announced that successes in three dozen tests run on the X-51A scramjet gained approval for a second engine required for a series of Mach 6-7 tests over the Pacific in 2009. This engine is designed to run in 300 second bursts and lift the vehicle (called the Waverider) from 62,000 to 100,000 feet.

Officials in the $240 million program have been quick to point out that this hypersonic propulsion system will use off-the-shelf components like the engine controller for the F-22, the TF-33 igniter from the C-141 cargo aircraft, standard JP-7 fuel, and Inconel 718 alloy (2.8-3.3% Mo) for the engine.

Opinions vary as to whether the first use of this technology will be in commercial flight, or a new super high-speed missile.


Nuclear Power

Research continues into nuclear fuel at Brazil’s Centro do Combustivel Nuclear (CCN). The fuel production program began in the 1980s, spurred by the need to keep their reactor running in the face of US-led international restrictions imposed on nuclear materials. The first locally made fuel element was loaded into a reactor in 1988, and in 1997, following a capacity upgrade, new fuel was developed using a silicon-aluminum matrix (U3Si2Al), which increased burnup from 30 percent to 50%.

Further improvements are being made, according to reports in June, including the use of uranium-molybdenum alloys.

Also in the nuclear area, Baosteel, China’s largest producer, announced a specialty steel tube joint venture with Jiangsu Yinhuan Steel Tube Co. to produce steam generator condenser tubes for nuclear power plants. Grade 444 stainless steel is a typical ferritic stainless found in this application, and it contains 1.75-2.5% Mo. A typical Generation III reactor would contain two steam generators weighing about 730 tonnes each.


Automotive Steels

Readers may have noticed how important the 5-star crash safety test (and, in Europe, the NCAP regulation) has become in automotive marketing. Ford, for example, runs one truck commercial that talks about the crash safety test rating only, comparing their crash test results to others without talking about horsepower, load carrying capacity, or anything else.

Apart from the airbags and seat-belt restraint systems, it is an advanced high-strength steel (AHSS) containing molybdenum that provides the primary safety “cell” of the auto. Relative to legacy steels, a greater percentage of this steel is being used every year.

Chinese cars, which have so-far failed to gain acceptance in North America, are absent for this reason: The most recent failure was that of the Brilliance B6 in June, which, after a 64 km per hour frontal crash was found to be “too soft”.

It seems only a matter of time before Chinese automakers adopt the new technology, creating additional demand for molybdenum in automotive steel.


Drilling

A slowdown in Canadian gas drilling has pushed the drill rig count into negative territory for the first time this year. Molybdenum is found in some onshore drill steels and casing but more so in offshore materials where the drilling environment is more corrosive to standard carbon steels.

Offshore drilling is holding up well, as can be seen in the lower chart.



2007 OIL AND GAS RIG COUNTS
Current Previous Year Ago Change
United States 1,775 1,771 1,666 +7%
Canada 231 205 473 -51%
International 1,007 984 920 +9%
World 3,013 2,960 3,051 -1%
US and Canadian statistics are published for the week ending
June 29. International numbers reflect May, 2007.
International count excludes Iran and Sudan. Change is
calculated from the previous year. Source: Baker Hughes.

2007 OFFSHORE RIG UTILIZATION REPORT
Current Month Ago 6 Mo Ago 1 Yr Ago
Rigs Working 518 515 499 491
Total Rigs 593 589 581 575
Utilization 87.4% 87.4% 85.9% 85.4%
Competitive rigs. Data for week ending June 29, 2007.

[Avatar07]

Hypothese für eine Bewertung der UNB Props:

UNB hat 4 Projekte wie ja jeder nachlesen kann:

Bald Butte Projekt mit 150 million tonnes NI-43-101 inferred.
Cannivan Gulch mit 300 millionen tonnes of MOS2 kein NI43-101
Arcadia Gold mit ca. 186.000 Unzen Gold (These resource estimates were completed prior to 2001 and NI 43-101, have not been independently audited and should therefore not be relied upon.)
Copper Star hat noch keine Res.schätzung aktuell

Also ich möchte jetzt nur den Moly-Props von UNB für die Bewertung heranziehen, da wir eine Moly-Mania in den nächsten Jahren erleben werden:

450.000.000 Tonnen * 0.06% (geringem Gradanteil = 270.000 MT of Moly
450.000.000 Tonnes * 0.07%(mit etwas höherem Anteil) = 315.000 MT of Moly
450.000.000 Tonnes * 0.08% (mit noch höherem Anteil) 360.000 MI

Umwandlung von MT in lbs(Pfund)
270.000 * 2204,622 = 595.240.940,00 lbs

Jetzt der aktuelle Marktwert
595.240.940,00 * 35$/lb = ca. 20.833 Milliarden Dollar.

(Ich weiß, dass ich normalerweise die beiden Resourcen aus den Moly-Projekten nicht so einfach addieren kann, deswegen gehen wir von der Annahme aus, die obigen Zahlen aus den beiden Projekten wären indicated)

Wenn die ganzen Resourcen von inferred auf indicated sich ändert, dann hätten wir den obigen Betrag, natürlich auf Basis der Bewertung mit niedrigen Gradanteil.

[Avatar07]

Pinetree hat zum wiederholten Male zugeschlagen

Jul 13/07 Jul 11/07 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 250,000 $0.600

Quelle:

http://www.canadianinsider.com/coReport/allTransactions.php?…

[Avatar07]

Hallo zusammen!

Draußen scheint die Sonne, und auch noch für unsere gute UNB!


Hier die heutigen News (netterweise hat lisa0099 sie im Haupt-Thread schon bereitgestellt!)

16.07.2007 | 10:11 Uhr
Bolero veröffentlicht Lagebericht über das Bohrprogramm auf der Bald Butte Liegenschaft sowie Aktuelles von der Aktionärsversammlung vom 9. Juli 2007Vancouver, Kanada (ots/PRNewswire) - United Bolero Development
Corp. (im Weiteren das " Unternehmen " bzw. " United Bolero "),
(TSX-V: UNB) freut sich, einen aktuellen Lagebericht über das 5.500 m
(18.000 Fuss) Diamant-Bohrprogramm auf der Liegenschaft Bald Butte zu
geben.

Diamant-Bohrprogramm:
Die Bohrarbeiten werden in zwei zehnstündigen Schichten pro Tag
gefahren. Derzeit, am Ende der Nachtschicht des 12. Juli 2007, sind
bereits Kernbohrungen in einer Länge von 670 m (2.197 Fuss) erfolgt.
Zwei Bohrungen wurden fertiggestellt. Bohrloch BB07-1 wurde bis auf
eine Tiefe von 426 m (1.398 Fuss) und Bohrloch BB07-10 bis auf eine
Tiefe von 243,5 m (799 Fuss) aufgebohrt. Am 13 Juli 2007 wurde mit
den Arbeiten an einem dritten Bohrloch (BB07-2) angefangen.

Kernerfassung und Untersuchungsverfahren:

Der Kern wird zersägt, fotografiert und geologisch im
Kernverarbeitungswerk von United Bolero in Silver City, Montana,
erfasst. Dieses Werk befindet sich etwa 9 Meilen östlich der Bald
Butte Liegenschaft. Die Hälfte jedes Kernabschnitts wird zur Analyse
an ALS Chemex Laboratories verschickt. Am 11. Juli 2007 verschickte
das Unternehmen 286 m (938 Fuss) des Kernmaterials an ALS Chemex
Laboratories in Nevada; die Ergebnisse werden innerhalb der nächsten
drei Wochen erwartet.

Einrichtung eines zweiten Diamant-Bohrgeräts:

Aufgrund der Erfolg versprechenden Mineralisierung in den ersten
beiden Bohrungen hat Ruen Drilling, Inc. aus Clark Fork, Idaho am
Sonntag, dem 15. Juli eine zweite Kern-Bohrplattform zur Bald Butte
Liegenschaft gebracht. Mit dieser zweiten Bohrplattform kann das
Unternehmen die geplanten Bohrungen beschleunigen und damit
sicherstellen, dass das gesamte Programm und mögliche Folgebohrungen
innerhalb der Bohr-Sommersaison fertig gestellt werden können.

Vorangegangene Arbeiten in Bald Butte:

Die Ablagerung weist derzeit ein NI-43-101-konform abgeleitetes
Vorkommen von 105 Millionen Tonnen 0,071-prozentigen Molybdäns (0,12
% MoS2) auf, das nach der Polygonmethode berechnet wurde, und enthält
150 Millionen Pounds (ca. 68 t) Molybdän (250 Millionen Pounds (ca.
113 t) MoS2), wie bereits in den Pressemitteilungen vom 14. Dezember
2006, vom 10. April und vom 21. Juni 2007 dargelegt.

Dr. John Childs, eingetragener Geologe (AZ), ist eine "
qualifizierte Person " (im Sinne der NI 43-101 Richtlinien) und für
die Bereitstellung der technischen Information in dieser
Pressemitteilung verantwortlich.

Aktionärsversammlung vom 9. Juli 2007:

Das Unternehmen freut sich, die Ergebnisse der
Jahreshauptversammlung (im weiteren als " Versammlung " bezeichnet),
die am Montag, dem 9. Juli 2007 in Vancouver, British Columbia,
stattfand, mitteilen zu können. Auf dieser Versammlung wurden alle
vom Unternehmensmanagement vorgestellten Beschlüsse von den
Aktionären genehmigt.

Die folgenden Aufsichtsratsmitglieder wurden wiedergewählt: die
Herren Robert Gardner, QC, R. Bruce Duncan, R. Stuart " Tookie "
Angus, LLB sowie Brian R. D. Smith, QC, die alle als Direktoren des
Unternehmens bis zum Abschluss der nächsten
Aktionärs-Jahreshauptversammlung oder bis zur Wahl oder Ernennung
ihrer Nachfolger dienen werden.

Als Beschluss der Versammlung wird die Geschäftsbasis des
Unternehmens nach Ontario verlegt. Der Präsident und CEO des
Unternehmens ist in Ontario ansässig, und die Mehrheit der
Unternehmensaktionäre leben in Ontario. Aus diesen Gründen hielt es
das Unternehmensmanagement für zweckmässig, die Geschäftsbasis des
Unternehmens nach Ontario zu verlegen. Damit werden die Aktivitäten
des Unternehmens durch die gesetzlichen Bestimmungen von Ontario
geregelt.

Weitere Ergebnisse der Versammlung beinhalten die erneute
Benennung der externen Rechnungsprüfer, McGovern, Hurley, Cunningham
LLP, sowie die Genehmigung einer Aufstockung der für Aktienoptionen
unter dem " 2007 Stock Option Plan " vorgesehenen Aktienreserve (als
" Cap " bezeichnet). Die Einzelheiten der Änderungen für die
Aktienoptionen des Unternehmens werden im Informationsrundschreiben
des Unternehmensmanagements zusammengefasst und stehen für die
öffentliche Einsichtnahme auf Internet unter www.sedar.com zur
Verfügung. Die Änderungen für die Aktienoptionen haben bereits die
Zustimmung von TSX Venture erhalten.

Die vom Aufsichtsrat bestellten verantwortlichen Führungskräfte
sind hier im einzelnen aufgeführt:

Robert Gardner, QC: Aufsichtsratvorsitzender
R. Bruce Duncan: Präsident und Chief Executive Officer
Olga Nikitovic: Chief Financial Officer

Namensänderung des Unternehmens:

Die Aktionäre stimmten des Weiteren einem ausserordentlichen
Beschluss zu, den Namen des Unternehmens in " Bolero Resources Corp.
" zu ändern. Das Unternehmen erwartet die abschliessende
Namensänderung, sobald TSX Venture die Zustimmung hierzu erteilt hat.
Das Unternehmen ist überzeugt, dass die Bezeichnung Bolero Resources
Corp. besser die Geschäftsbelange des Unternehmens beschreibt.

TSX Tier One Klassifizierung:

Das Unternehmen freut sich, bekanntzugeben, dass mit Datum vom 29.
Juni 2007 die Klassifizierung des Unternehmens von Tier 2 auf Tier 1
aufgestuft wurde.

United Bolero ist ein wohlfinanziertes Erkundungs- und
Entwicklungsunternehmen, mit hundertprozentigen Beteiligungen an 2
beträchtlichen Molybdän-Vorkommen in Montana, USA. United Bolero wird
an der TSX-Venture Exchange unter dem Symbol UNB sowie an der Börse
Frankfurt unter U7N notiert. Weitere Informationen finden Sie auf
unserer Website unter www.unitedbolero.com oder im amerikanischen
Raum gebührenfrei unter der Rufnummer 888-945-4770.

Im Namen des Aufsichtsrates

" R. Bruce Duncan "

Präsident und CEO

TSX Venture Exchange übernimmt für die Genauigkeit oder die
Zulänglichkeit dieser Presseerklärung keinerlei Verantwortung.

www.renmarkfinancial.com



Pressekontakt:
Weitere Informationen finden Sie unter: Renmark Financial
Communications Inc.: Henri Perron, [e-mail];
Jason Roy, [e-mail]; Medien - Adam Ross,
[e-mail] ,[phone], Fax:[phone]

[Avatar07]

Bzgl. Bohrprogramm bin ich bisher fälschlicherweise davon ausgegangen, dass sich die 5500 m auf 1 Bohrloch beziehen. Manchmal ist man ganz schön bebrettert
Nun ja aktuell sind 2 Bohrlöcher fertig und durch die 2. Bohrplattform geht es doppelt so schnell:
Drilling is being conducted in two ten-hour shifts per day. At the end of the July 12, 2007 night shift, 670 metres (2,197 feet) of core has been drilled. Two holes have now been completed. Hole BB07-1 was drilled to a depth of 426 metres (1,398 feet) and hole BB07-10 was drilled to 243.5 (799 feet). Drilling was started on the third hole (BB07-2) on July 13, 2007.

Mich würde mal interessieren, warum so unterschiedlich tief gebohrt wird (426 m gegenüber 243 m). Gibt es hier jemanden mit geologischem konow-how, der ein wenig Licht ins Dunkel bringen kann?

auf gute Bohrergebnisse
Mickie

[Avatar07]

grün = Bohrung fertig
gelb = Bohrung begonnen
rot = Bohrung geplant

Stand 13.7.2007

[Avatar07]

Übrigens könnte es sein, dass BB07-1 tiefer gebohrt wurde als BB07-10, weil es höher liegt. So sieht es jedenfalls laut Vogelperspektive aus. Ersteres scheint auf der Bergkuppe zu liegen.

[Avatar07]

Pinetree hat schon wieder zugeschlagen!

Jul 23/07 Jul 13/07 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 250,000 $0.640

http://www.canadianinsider.com/coReport/allTransactions.php?…

[Avatar07]

wer noch Fragen hat bezüglich Tier1

http://infoventure.tsx.com/TSXVenture/TSXVentureHttpControll…

B1

[Avatar07]

auf Stockwatch gefunden:

"United Bolero options 50% interest in Arcadian property

2007-08-22 16:35 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation relating to an option and joint venture agreement dated July 31, 2007, between NPN Investment Group Inc. (the optionor) and United Bolero Development Corp. Pursuant to the agreement, the company shall have the option to acquire a 50-per-cent interest in the Arcadian property, located in Nunavut, Canada.

In order to exercise the option, the company must incur a total of $600,000 in exploration expenditures within two years, issue 75,000 common shares to the optionor, pay the optionor $15,000 and assume the obligation to finance 50 per cent of the optionor's obligations under the underlying agreements."

[Avatar07]

leider gehen viele infos im hauptthread unter. hier also noch einmal die info bezüglich der aktuellen beteiligung von pinetree. leider ist der stichtag nicht ersichtlich aber immerhin (ich nehme an, dass es sich um die beteiligung per 30.06.2007 handelt, akt. stand der rechnungslegung):

7,500,000 common shares
1,000,000 warrants

http://www.pinetreecapital.com/investees_sector.asp

verzeichnet unter base metals

[Avatar07]

Press Release Source: United Bolero Development Corp.


Bolero begins drilling at Cannivan Gulch
Thursday September 13, 10:42 am ET


VANCOUVER, Sept. 13 /CNW Telbec/ - United Bolero Development Corp. (the "Company" or "United Bolero"), (TSX-V: UNB - News) is pleased to provide an update on the 1,890 metre (6,200 feet) diamond drill program currently underway at Cannivan Gulch. The Cannivan Gulch property is located approximately 30 miles southwest of Butte, Montana and was previously explored between the years 1968 and 1981 by Cyprus-Amax, Amoco Minerals and others. United Bolero has an option to acquire a 100% interest in the property which consists of 15 original unpatented claims covering 300 acres plus an additional 600 acres covered by an additional 30 claims.

Diamond Drill Program:
----------------------


Drilling at Cannivan Gulch was delayed by a series of obstacles including a longer than expected permitting process, and the lack of helicopters due to wild fires in the area. However, we are pleased to announce that a core drilling rig provided by Ruen Drilling, Inc. of Clark Fork, Idaho was lifted by helicopter onto the first drill site at an elevation of approximately 9,000 feet on September 7, 2007. Water lines, pumps and other support facilities were installed by September 11 and drilling commenced on hole CG07-1 on September 12, 2007. Drilling is being conducted by two crews, each working ten- to twelve- hour shifts per day.
The present drilling program on the Cannivan Gulch property is designed to confirm previous drill results by drilling a twinned hole and to fill-in and expand the existing non-compliant resource. New hole CG07-1 will twin historical hole CG-1 which contained molybdenum mineralization starting at the surface in the north-central portion of the historically identified mineralization. We anticipate that this hole will have a total depth of approximately 500 feet. New hole CG07-2 is designed to test the limits of near-surface mineralization and to fill-in mineralization recognized at depth in previous drill holes in the northern portion of the historical mineralization. New holes CG07-3 and CG07-4 are designed as in-fill holes in the south-central and southern portions of the mineralization, respectively.


Core Logging and Assaying:
-------------------------


The core is being sawed, photographed, and geologically logged at United Bolero's core facility located in Silver City, Montana, approximately nine miles east of the Bald Butte property. One half of each sample interval is being shipped to ALS Chemex Laboratories for analysis. On July 11, 2007 the Company shipped 286 metres (938 feet) of core to ALS Chemex Laboratories in Nevada and anticipates results within the next three weeks.

Previous Work on Cannivan Gulch:
-------------------------------


Previous work by Cyprus Exploration Company included a detailed exploration program consisting of 55 core holes totaling 88,450 feet drilled and 2,514 feet of underground development completed. Based on the results of these earlier exploration programs, a non NI 43-101 compliant resource was estimated by Amoco Minerals Company, in June 1982, at 300 million tons grading 0.06% Molybdenum ("Mo") containing 360,000,000 pounds of Mo. This historical resource was calculated at a 0.03% Mo cut-off resulting in a preliminary pit design with a 0.97:1 strip ratio. This historic resource estimate quoted above, is considered to be relevant and is believed to be reliable based on the amount and quality of historic work completed. The Company has not completed the work necessary to independently verify the classification of the mineral resource estimates. The Company is not treating the mineral resource estimates as National Instrument 43-101 defined resources verified by a qualified person. The historical estimates should not be relied upon. The properties will require considerable further evaluation which the Company's management and consultants intend to carry out in due course.

- Higher grades within the deposit

- Previous drilling indicates that the potential exists for a high
grade core zone at depth
- Historic Drill Hole CG-22 which was drilled in the central core
zone in 1974 intersected 1,510 feet (from 250 feet to 1,760 feet)
at 0.12% Mo including 270 feet (from 580 feet to 850 feet) at 0.21%
Mo. (CMS laboratory as reported by Cyprus/Amoco Minerals.)
- An adit and cross cut totaling more than 2,500 feet was driven by
Cyprus/Amoco Minerals in 1980 to obtain bulk samples for
metallurgical testing and to allow grab and channel sampling
through the deposit

John Childs, Ph.D., Registered Geo (AZ) is the "qualified person" (as such term is defined by NI 43-101) responsible for the preparation of the technical information in this release.
United Bolero is a well funded exploration and development Company which holds 100% interests in 2 significant molybdenum properties located in Montana, USA. The Company is listed on the TSX-Venture Exchange under the symbol UNB, as well as the Frankfurt Exchange under U7N. For more information, please visit www.unitedbolero.com or call toll-free 888-945-4770.


On behalf of the Board of Directors

"R. Bruce Duncan"
President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.

For further information

Renmark Financial Communications Inc.: Henri Perron, [e-mail]
Jason Roy, [e-mail]
Media: Adam Ross, [e-mail], [phone], Fax: [phone], www.renmarkfinancial.com



--------------------------------------------------------------------------------
Source: United Bolero Development Corp.

[Avatar07]

Jetzt auch auf deutsch ...



14.09.2007 | 13:49 Uhr
Bolero beginnt mit Bohrarbeiten auf der Liegenschaft Cannivan Gulch
Vancouver, Kanada (ots/PRNewswire) - United Bolero Development
Corp. (im Weiteren das "Unternehmen" bzw. "United Bolero"), (TSX-V:
UNB) ist erfreut Aktuelles zum 1.890 m (6.200 Fuss)
Diamantbohrprogramm mitteilen zu können, das derzeit auf der
Liegenschaft Cannivan Gulch anläuft. Die Liegenschaft Cannivan Gulch
ist etwa 30 Meilen südwestlich von Butte, Montana, gelegen und war
bereits in den Jahren zwischen 1968 bis 1981 von Cyprus-Amax, Amoco
Minerals und anderen erkundet worden. United Bolero verfügt über eine
Option auf eine 100-prozentige Lizenzbeteiligung an der Liegenschaft,
die 15, ursprünglich unbeanspruchten Grubenfeldern auf einer Fläche
von 300 Acres sowie zusätzlichen 600 Acres mit 30 weiteren
Grubenfeldern umfasst.

Diamant-Bohrprogramm:

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

Die Bohrarbeiten auf Cannivan Gulch wurden durch eine Reihe von
Hindernissen, u.a. durch ein länger als erwartetes
Zulassungsverfahren und eines aufgrund von in der Gegend
ausgebrochenen Bränden bestehenden Mangels an Hubschraubern,
verzögert. Wir sind jedoch sehr erfreut mitteilen zu können, dass
eine Kernbohranlage von Ruen Drilling, Inc. aus Clark Fork, Idaho, am
7. September 2007 per Hubschrauber an die erste Bohrstelle auf eine
Höhe von ca. 9.000 Fuss transportiert wurde. Wasseranschlüsse, Pumpen
und weitere Hilfsanlagen wurden bis zum 11. September installiert und
die Bohrarbeiten begannen am 12. September 2007 mit dem Bohrloch
CG07-1. Die Bohrarbeiten werden von zwei Mannschaften durchgeführt,
die jeweils Schichten von zehn- bzw. zwölf-Stunden fahren.

Das derzeitige Bohrprogramm auf der Liegenschaft Cannivan Gulch
dient dazu, die Ergebnisse in der Vergangenheit durchgeführter
Bohrarbeiten durch eine Zweitbohrung, die eine ergänzende bzw.
erweiterte Bewertung des vorhandenen, nicht konformen Vorkommens
ermöglicht, zu bestätigen. Die neue CG07-1-Bohrung wird als Zwilling
der vorhandenen Bohrung CG-1 niedergelassenen, die in der
Vergangenheit im nördlich-zentralen Teil der identifizierten
Mineralisierung oberflächennahe Molybdän-Mineralisierungen gezeigt
hatte. Wir gehen davon aus, dass diese Bohrung insgesamt eine Tiefe
von ca. 500 Fuss erreichen wird. Die neue Bohrung CG07-2 ist zur
Prüfung der Grenzen der oberflächennahen Mineralisierungen und zur
ergänzenden Bewertung der Mineralisierung vorgesehen, die bei
vorangegangenen Bohrungen im nördlichen Teil der historischen
Mineralisierung in der Tiefe entdeckt worden waren. Die neuen
Bohrungen CG07-3 und CG07-4 sind als Ergänzungsbohrungen im
südlich-zentralen bzw. südlichen Teil der Mineralisierung geplant.

Kernerfassung und Auswertung:

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

Der Bohrkern wird in United Boleros Kernerfassungsanlage in Silver
City, Montana, ca. neun Meilen östlich der Liegenschaft Bald Butte,
zersägt, fotografiert und geologisch erfasst. Eine Hälfte jeder Probe
wird zur Auswertung an ALS Chemex Laboratories versandt. Am 11. Juli
2007 verschickte das Unternehmen 286 m (938 Fuss) Bohrkern an ALS
Chemex Laboratories in Nevada und geht davon aus, die Ergebnisse
innerhalb der nächsten drei Wochen zu erhalten.

Vorangegangene Arbeiten auf Cannivan Gulch:

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

Die von Cyprus Exploration Company zuvor durchgeführten Arbeiten
umfassten ein detailliertes Erkundungsprogramm, das aus 55
Kernbohrungen auf einer Länge von 88.450 Fuss und 2.514 Fuss
abgeschlossener Untertageerschliessung bestand. Aufgrund der
Ergebnisse dieser früheren Erkundungsprogramme wurde das nicht
NI-43-101-konforme Vorkommen von Amoco Minerals Company im Juni 1982
auf 300 Mio. t 0,06-prozentigen Molybdäns ("Mo") mit 360.000.000 lbs
Mo geschätzt. Für dieses historische Vorkommen wurde eine Untergrenze
von 0,03 % Mo berechnet die zu einer vorläufigen Auslegung mit einem
Abraumanteil von 0,97:1 führte. Die oben angegebene, in der
Vergangenheit durchgeführte Einschätzung des Vorkommens wird als
massgeblich und in Anbetracht des Umfangs und der Qualität der in der
Vergangenheit durchgeführten Arbeiten auch als vertrauenswürdig
angesehen. Das Unternehmen hat die zur unabhängigen Überprüfung der
Klassifizierung der Einschätzung des Mineralvorkommens notwendigen
Arbeiten allerdings noch nicht abgeschlossen. Das Unternehmen
behandelt diese Schätzung des Mineralvorkommens nicht im Sinne der
Definition eines durch eine qualifizierte Person bestätigten
Vorkommens nach dem National Instrument 43-101. Man sollte sich auf
die in der Vergangenheit durchgeführte Schätzung nicht verlassen. Die
Liegenschaften bedürfen beträchtlicher weiterer Auswertungen, die die
Unternehmensführung zu gegebener Zeit durchzuführen beabsichtigt.

- Höherer Gehalt innerhalb der Ablagerung

- Vorangegangene Bohrarbeiten weisen auf eventuell vorhandene
Kernzonen mit höherem Gehalt in der Tiefe hin

- Die im Jahre 1974 in der Zentralzone vorgenommene Bohrung CG-22
durchteufte 1.510 Fuss (von 250 Fuss bis 1.760 Fuss) 0,12-prozentiges
Mo einschliesslich 270 Fuss (von 580 Fuss bis 850 Fuss) mit 0,21 %
Mo. (CMS-Labor wie von Cyprus/Amoco Minerals angegeben).

- Cyprus/Amoco Minerals legte im Jahre 1980 eine Tagesöffnung und
einen Querstollen von über 2.500 Fuss an, um grössere Proben für
metallurgische Prüfungen und Schürf- und Schlitzproben in der
gesamten Ablagerung entnehmen zu können

Dr. John Childs, eingetragener Geologe (AZ), ist eine
"qualifizierte Person" (im Sinne der NI 43-101 Richtlinien) und für
die Bereitstellung der technischen Information in dieser
Pressemitteilung verantwortlich.

United Bolero ist ein finanziell gut ausgestattetes Erkundungs-
und Entwicklungsunternehmen, mit hundertprozentigen
Lizenzbeteiligungen an 2 beträchtlichen Molybdän-Vorkommen in
Montana, USA. Das Unternehmen wird an der TSX-Venture Exchange unter
dem Symbol UNB sowie an der Börse Frankfurt unter U7N notiert.
Weitergehende Informationen stehen unter http://www.unitedbolero.com
oder gebührenfrei unter 888-945-4770 zur Verfügung.

Im Namen des Aufsichtsrates

"R. Bruce Duncan"

Präsident & CEO

TSX Venture Exchange übernimmt keinerlei Verantwortung für die
Angemessenheit oder Richtigkeit dieser Pressemitteilung.

http://www.renmarkfinancial.com



Pressekontakt:
Weitergehende Informationen: Renmark Financial Communications Inc.:
Henri Perron, [e-mail]; Jason Roy,
[e-mail]; Presse: Adam Ross,
[e-mail], [phone], Fax: [phone]

[Avatar07]

Press Release Source: Standard & Poor's Canadian Index Operations

Standard & Poor's Announces Changes in the S&P/TSX Venture Composite Index
Tuesday September 18, 10:00 am ET

TORONTO, Sept. 18 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Tuesday, September 18, 2007:

- United Bolero Development Corporation (TSXVN:UNB) will change its name
to Bolero Resources Corporation. The company will trade under the new
ticker symbol "BRU" and the new CUSIP number 09752T 10 7. There is no
consolidation of capital.


Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP - News), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek, McGraw-Hill Education and J.D. Power and Associates. The Corporation has more than 240 offices in 36 countries. Sales in 2005 were $6.0 billion. Additional information is available at http://www.mcgraw-hill.com.

For further information

Tony North, [phone], [e-mail]
Dave Guarino, [phone], [e-mail]

[Avatar07]

19.09.2007

Bolero Announces Name Change And Continuance of its Corporate Charter Into Ontario

September 19, 2007, Vancouver, BC, Canada - United Bolero Development Corp. (the “Company” or “Bolero”), (formerly TSX-V: UNB and now TSX-V: BRU)

The Company announces that, effective with the opening of markets today, the common shares of United Bolero Development Corp. have been delisted and the common shares of Bolero Resources Corp. have commenced trading on the TSX Venture Exchange under the new symbol "BRU".

In addition, the Company announces that it has finalized the continuance of its corporate charter, out of British Columbia, into Ontario so that the Company's corporate constitution is now governed by Ontario law.

[Anex]

Antwort auf Beitrag Nr.: 31.675.872 von Avatar07 am 20.09.07 15:53:10

hab grad gelesen, dass du anwärter auf den pusher des monats bist...

viel glück beim voting

[Chance2007]

Short Volumen

30/Sep/2007 331,500 -56,700
31/Aug/2007 388,200 -32,500
15/Aug/2007 420,700 130,200
31/Jul/2007 290,500 -179,700
15/Jul/2007 470,200 42,000
30/Jun/2007 428,200 -113,500
15/Jun/2007 541,700 -103,000
31/May/2007 644,700 -17,000
15/May/2007 661,700 239,000
30/Apr/2007 422,700 412,700
15/Apr/2007 10,000 -120,000

[Avatar07]

[Chance2007]

Bolero Secures Large, Undeveloped Molybdenum Property in Colorado

October 15, 2007, Vancouver, BC, Canada

Bolero Resources Corp. (the “Company” or “Bolero”), (TSX-V:BRU) is pleased to announce that it has entered into a Letter Agreement (the “Rico Letter Agreement”) with Rico Renaissance LLC, Rico Land and Cattle Company, Rico High Altitude Investments LLC, Rico Properties LLC and Rico Mountain Life LLC to acquire certain private surface and mineral rights (including patented claims) that host the Silver Creek molybdenum project and other copper-gold occurrences located in the Pioneer Mining District, Dolores County, Colorado approximately 20 miles southwest of Telluride and just east of Rico.

The Silver Creek molybdenum project was explored by The Anaconda Company (“Anaconda”), from surface and underground during the period 1979 through 1983 with 63,000 feet of drilling completed. In May of 1984, Anaconda reported a historic inferred resource based on four drill holes of 44 million short tons (39.9 million tonnes) at a molybdenum (“Mo”) grade of 0.31% Mo, or 0.527% MoS2, within a 0.20% molybdenum cut-off, containing 273 million pounds of molybdenum.

All resource estimates quoted herein are based on data and reports obtained and prepared by previous operators. This historic resource estimate is considered to be relevant, and is believed to be reliable based on the amount and quality of historic work completed. The Company has not completed the work necessary to independently verify the classification of the mineral resource estimates. The Company is not treating the mineral resource estimates as National Instrument 43-101 defined resources verified by a qualified person. The historical estimates should not be relied upon. The properties will require considerable further evaluation which the Company’s management and consultants intend to carry out in due course.

Anaconda estimated the potential of the mineral deposit to be up to 198 million tons (179.6 million tonnes) @ >0.30% Mo (>0.51% MoS2) at a cut-off of 0.20% Mo. This could represent up to 1.2 billion pounds of contained molybdenum. This estimate of target potential was based on the inferred mineralization halo >0.20% Mo, structural controls projected from surface and observed in core, fluorine/tungsten geochemical signatures and an isopach of Mo mineralization compared with typical Climax style deposits in Colorado. Anaconda geologists were of the opinion that less than 20% of the potential Silver Creek resource has been drilled.

The potential quantity and grade is conceptual in nature and there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Historic drill holes with significant intersections of ≥ 0.20% Mo cut-off include:

SC-81-1 245 ft @ 0.242 % Mo or 0.411% MoS2

SC-81-5 635 ft @ 0.334 % Mo or 0.568% MoS2 (see notes 1, 2)

SC-81-6 191 ft @ 0.231 % Mo or 0.393% MoS2

SC-82-7A 285 ft @ 0.286 % Mo or 0.486% MoS2



Note 1. Includes 130 ft @ 0.505 % Mo or 0.859 % MoS2

Note 2. At a ≥ 0.30% cut off comprises of 378 ft @ 0.415% Mo or 0.706 % MoS2

In terms of the Rico Letter Agreement, Bolero has paid a non-refundable cash deposit of US$100,000. A further non-refundable cash payment of US$500,000 as a down payment on the total purchase price of US$10,000,000 will be due when Bolero is satisfied that it can receive free and clear title at Closing. A final payment of the balance US$9,400,000 is due on the Closing Date expected to be on or about November 16th, 2007.

In addition, the Company is pleased to announce the appointment of Dr. Roger C. Steininger in the capacity of Project Geologist for the Rico Project. Dr. Steininger spent 15 years with the Climax Molybdenum Co. in exploration, development and mine geology at their operations in Colorado and Western Canada. Since leaving Climax, Dr. Steininger was Exploration Manager for Amselco Minerals and for the last 20 years has maintained a consulting practice. During the time since leaving Climax, Dr. Steininger has been involved in several molybdenum projects in western North America.

“We are extremely excited about the potential of this project”, said Bolero’s President and CEO R. Bruce Duncan. “We believe that it may represent a significant molybdenum project in Colorado, and while it is early days for Bolero, we have been able to recover much of the historic exploration data which confirms the exploration model used by Anaconda. Moreover, we are also excited about the potential of the district; consequently, we have been actively staking the region.”

The Company has retained Associated Geosciences Ltd. (AGL) of Calgary to assist with the due diligence process and to prepare a technical report on the property compliant with National Instrument 43-101 of the Canadian Securities Administrators. Mr. McCandlish, Vice President & General Manager of AGL, has worked on many polymetallic porphyry deposits, worldwide, with experience with both block caving and sub-level caving in copper porphyries.

Background on Pioneer Mining District:

The district is a historic producer of silver, lead zinc, copper gold and pyrite (during 1879 to 1971) from veins and carbonate replacement deposits. In 1936, control of the Pioneer Mining District was consolidated under the Rico Argentine Mining Company (RAMCO). Production continued through 1970 and RAMCO was acquired by the Crystal Oil Company in 1974. In 1977, the site was visited by Jim Garmoe, Chief Geologist of The Anaconda Company. Anaconda concluded a lease/purchase option in June of 1978 with the intention of expanding the resource base of the copper replacement deposit discovered by RAMCO on NB Hill. Anaconda also believed that a deeply buried undiscovered porphyry was the source of the copper mineralization.

The 1979 exploration program conducted by Anaconda was not successful in delineating additional base metal replacement deposits, but drill hole C-25 intersected quartz veins containing molybdenite and tungsten and fluorine geochemical gradients suggesting proximity to a molybdenum bearing porphyry stock. The property then was explored by Anaconda from surface and underground via the Blaine Tunnel from 1979 through 1983 with 63,000 feet of drilling completed. A total of 26 exploration holes were drilled as part of the Anaconda program.

While the known mineralization is deep it appears that grades are above average for a Climax-type deposit and that a reasonable geological interpretation indicates the size could be on a par with other known deposits of this type in Colorado. While it is premature to discuss mineability of such a deposit the potential grade and tonnage suggest that several mining options could be available. Exploration of the property was terminated in February 1983 with the collapse of molybdenum prices.

A secondary molybdenum target is north of Silver Creek at CHC Hill. Quartz-eye porphyry dikes and anomalous fluorine, tungsten, and molybdenum indicate that buried molybdenum bearing porphyry stock may exist beneath CHC Hill. Only limited shallow drilling exists at CHC Hill, none which tested the molybdenum target.

Both Keith McCandlish, P.Geol. (Alberta) and P.Geo. (BC), Vice President & General Manager of AGL as an independent “qualified person” (as such term is defined by NI 43-101) and Dr. Roger C. Steininger, Certified Professional Geologist (AIPG) as the Company’s “qualified person” have reviewed, and are responsible for, the preparation of the technical information in this release.

Bolero Resources Corp. is a well funded exploration and development Company which holds 100% interests in 2 significant molybdenum properties located in Montana, USA. The Company is listed on the TSX-Venture Exchange under the symbol BRU, as well as the Frankfurt Exchange under U7N. For more information, please visit www.unitedbolero.com or call toll-free 888-945-4770.

On behalf of the Board of Directors

“R. Bruce Duncan”

President & CEO

[Nacer]

Press Release Source: Bolero Resources Corp.


Bolero drills 110 feet of 0.106% Mo (0.177% Mos2) at Bald Butte
Wednesday October 17, 8:40 am ET


VANCOUVER, Oct. 17 /CNW Telbec/ - Bolero Resources Corp. (the "Company" or "Bolero"), (TSX-V: BRU - News) is pleased to announce the analytical results for the first four diamond drill holes of the 2007 exploration program at the Company's Bald Butte molybdenum project in Montana. All holes were designed to test the continuity and limits of mineralization defined in the NI 43-101 compliant report dated December 12, 2006 which has been filed on Sedar. This data will confirm the confidence that Bolero has in the resource. Upon completion of the present drill program, the Company will calculate an updated NI 43-101 compliant resource which is scheduled for completion by the end of the first quarter 2008.
The attached table shows the significant intercepts resulting from holes BB07-1, BB07-2, BB07-5, and BB07-10. We have used a 0.04% Mo cut-off for the significant intercepts and have therefore only listed those intercepts that are at least 20 feet in thickness and have grades of 0.04% Mo or greater.


SIGNIFICANT INTERCEPTS, CORE HOLES BB07-1, 2, 5, AND
10, BALD BUTTE MOLYBDENUM PROJECT, LEWIS AND CLARK COUNTY,
MONTANA UNITED BOLERO DEVELOPMENT CORP., OCTOBER 7, 2007


Hole From To Intercept Avg Mo%
Number Feet Feet Thickness
----------------------------------------------
----------------------------------------------

BB07-1 188 238 50 0.040
238 268 30 0.072
268 298 30 0.123
298 408 110 0.048
578 598 20 0.041
778 798 20 0.176
BB07-2 30 150 120 0.060
150 170 20 0.140
170 200 30 0.044
200 230 30 0.090
230 310 80 0.045
310 360 50 0.064
360 470 110 0.106
BB07-5 160 189.3 29.3 0.045
189.3 240 50.7 0.064
260 370 110 0.068
370 400 30 0.104
400 509.2 109.2 0.085
509.2 530 20.8 0.122
530 629.5 99.5 0.072
629.5 670 40.5 0.047
690 720 30 0.077
BB07-10 229 299 70 0.049
349 389 40 0.045
389 409 20 0.088
479 499 20 0.046
529 559 30 0.048
559 579 20 0.060
749 779 30 0.042

The inclination of the four holes and their total depths are as follows:

Hole Number Inclination Total Depth (feet)

BB07-1 -70 (degrees) 1,398
BB07-2 -90 (degrees) 469.5
BB07-5 -90 (degrees) 1,400
BB07-10 -90 (degrees) 799

Three of the four new holes were drilled to the depths planned but hole BB07-2, which we had planned to drill to a depth of 1,000 feet, encountered a broken zone that forced abandonment of the hole at a depth of 470 feet. The last 110 feet of hole BB07-2 averaged 0.106% Mo. We plan to drill another hole in the immediate area of BB07-2 in the hope of testing the projection of this high-grade zone to depth.
These first four holes have established continuity of the upper (main) zone of mineralization as projected in our preliminary modeling and have better defined the limits of a deeper zone in the northeastern portion of the mineralization which may represent a structurally controlled feeder zone. The best intercepts in these holes occur in strongly altered Proterozoic Helena Formation at the contact with the Bald Butte quartz monzonite stock of Eocene age.

We are especially pleased with the results in the upper portion of hole BB07-2 where our preliminary projections suggested that ore-grade mineralization would only start at a depth of approximately 210 feet below surface. In fact, this hole encountered a zone averaging 0.06% Mo starting just 30 feet below surface. As shown in the attached table, hole BB07-2 encountered ore-grade material from 30 feet to its termination at 470 feet. The Company will be updating the shareholders with more drill results in the weeks ahead.

John Childs, Ph.D., Registered Geo (AZ) is the "qualified person" (as such term is defined by NI 43-101) responsible for the preparation of the technical information in this release.

Bolero Resources Corp. is a well funded exploration and development Company which holds 100% interests in 2 significant molybdenum properties located in Montana, USA. The Company is listed on the TSX-Venture Exchange under the symbol BRU, as well as the Frankfurt Exchange under U7N. For more information, please visit www.unitedbolero.com or call toll-free 888-945-4770.


On behalf of the Board of Directors

"R. Bruce Duncan"
President & CEO


The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.

For further information

Renmark Financial Communications Inc.: Henri Perron: [e-mail]
Jason Roy: [e-mail]
Media - Adam Ross: [e-mail]
[phone], Fax: [phone], www.renmarkfinancial.com



--------------------------------------------------------------------------------
Source: Bolero Resources Corp.

[Chance2007]

FOR IMMEDIATE RELEASE

Bolero Arranges US$10 Million Term Facility And NI 43-101 For Acquisition Of Silver Creek Molybdenum Deposit In Rico, Colorado

November 1st, 2007, Vancouver, BC, Canada – Bolero Resources Corp. (the “Company” or “Bolero”), (TSX-V: BRU), (FRANKFURT: U7N) is pleased to announce that it has entered into a Term Facility with Auramet Trading, LLC of Fort Lee, New Jersey (“Auramet”), pursuant to which Auramet will, subject to satisfaction of certain conditions precedent including receiving consents from all applicable regulatory authorities, lend the sum of US$10 million (the “Loan”). The Loan proceeds will be used by the Company for the acquisition of certain private surface and mineral rights (including patented claims) that include the Silver Creek molybdenum project and other copper-gold occurrences located in the Pioneer Mining District, Dolores County, Colorado approximately 20 miles southwest of Telluride and just east of Rico. The acquisition is subject to the satisfaction of certain conditions precedent and is scheduled to close on or about November 16, 2007.

“We are pleased to have Auramet’s support. With this Loan facility, we will have eliminated the funding risk for the purchase of the Silver Creek assets in Rico Colorado,” states Bolero’s President and CEO R. Bruce Duncan. “Furthermore, this one year facility will allow the Company sufficient time to evaluate other financing initiatives.”

Additionally, a technical report on the Silver Creek Property compliant with the Canadian Securities Administrators National Instrument 43-101 has just been completed by Associated Geosciences Ltd. (AGL) and will be filed on SEDAR by Monday, November 5, 2007.

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http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issu…