AZUMAH-Goldexplorer in Ghana - 500 Beiträge pro Seite

[ambrosio]

Azumah Resources Limited (ASX: AZM) is an Australian-based company focused on the exploration and development of the 100%-owned Wa Gold Project in northwest Ghana, West Africa.

The Wa Gold Project contains a JORC compliant Indicated and Inferred resource of over 754,000 ounces of gold - including 516,000oz at the Kunche deposit and 212,000oz at Bepkong, with a large number of exciting additional targets now being drilled.

Wa Gold Project Highlights
Land holding of 3,157 km2, including over 100km strike of prospective Birimian greenstone belt - a geological setting known to host world class gold deposits throughout Ghana and West Africa.

Gold resource at the Kunche deposit of 8.5 million tonnes @ 1.9g/t gold for 516,000 ounces, with the mineralisation remaining open in all directions.

Initial metallurgical results indicate recoveries of over 90% on typical resource-grade Kunche mineralisation using conventional gold processing technology.

Between 25% and 40% of the gold is likely to be recoverable using a preliminary gravity separation phase, which should impact favourably on bottom line operating costs.

Gold resource at the Bepkong deposit of 2.97 million tonnes @ 2.2g/t gold for 212,000 ounces, with mineralisation remaining open to the north and at depth.

Recent acquisition of the nearby Wa Project, including several advanced-stage, drill confirmed targets with strong potential for near-term, low-cost, near-surface resource delineation.

Considerable exploration upside, with numerous defined targets and untested geochemical gold anomalies.

Azumah's aim is to upgrade this initial resource base to 1-2 million ounces of gold to underpin a long-life open pit mining operation.

http://www.azumahresources.com.au/

[ambrosio]

AZUMAH wurde in der Septemberausgabe des australischen Börsenbriefs "DIGGERS and DRILLERS" mit STRONG BUY empfohlen.

AZUMAH RESOURCES (ASX:AZM)
Azumah is the pick of the bunch.
The company’s catchphrase is ‘punching above its
weight’. This is a reference to Ghana’s most famous
sportsman, Azumah Nelson, who was a threetime
world champion boxer. It’s pretty fitting. This
company packs a mean punch, and I think it has a
few moves we haven’t seen just yet.
The main selling point is the price of the company,
in terms of its market cap per ounce of gold. At
the time of writing, it is one of the cheapest here at
A$39.39. This screams good value. This means the
share price has plenty of room to grow, given the
amount of proven ounces of gold the company has.
On top of this, the drilling results shown in the
company reports and presentations are highly
suggestive that there is at least double the amount
of minable gold on-site than can be confirmed
yet. So although it might look a featherweight at
745,000 ounces, once drilling results come in, it is
likely to take off the cloak to reveal a middleweight
with close to 2,000,000 ounces.
This makes it even more exceptional value. Ghana’s
short rainy season is finishing now, so we can expect
the positive results to start flowing, and to see that
confirmed resource figure punch higher. Converting
a probable resource to a proven reserve will be a
major step forward for the company.
Recall my point about getting the strong Aussie
dollar to act in our favour? I spoke with their
financial officer about this, and other than executive
remuneration, all other company costs are in US
dollars. This means that Azumah uses US dollars for
more than 85% of its fairly modest expenditure.
So, the strong Aussie dollar will be bringing its costs
down by the minute. Thanks to a well-subscribed
capital raising in June, it is now sitting on an
A$5.6million cash reserve. And because war chest
will be growing in US dollar terms, the company is
enjoying a comfortable cash position from which to
roll out its plans.
Another winning feature of this hard-hitter is its low
cash-costs (in US$/oz). At only US$483/oz, there
September, 2009 Vol. 4 Issue 9
is a lot of margin for profit, particularly when the
US Gold price is comfortably above the US$1000
mark and trending upwards. When this mine starts
production in just over two years, it will produce
60,000 ounces per annum. Azumah stands to make
some serious profit for such a small company.
Azumah is a big, cheap, pristine resource that is
growing with each drilling result. It’s in an easy to
operate country with all the support infrastructure
in place, and its a market cap per ounce is half
that of its peers! What more could you ask for?
Even though the market has pushed it up recently,
this stock has got a lot further to go just yet! This
knockout stock is definitely a strong buy.
Action to take: Buy Azumah Resources (ASX:
AZM) recent share price of $0.21

Ausgabe findet man unter
http://www.azumahresources.com.au/documents/AZM091020-Digger…

Weitere Inhalte:
-The African Dollar Angle on Aussie Gold Stocks for 2010
-The Gold Story in Two Charts
-What to Buy, Sell and Hold

[ambrosio]

Presentation vom 04sep09
Paydirt Africa DownUnder Conference

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=459084

[finanzmarc]

Antwort auf Beitrag Nr.: 38.217.395 von ambrosio am 20.10.09 21:04:59

Ist dieser "DIGGERS and DRILLERS" gut?

Bzw. hast du den im Abo?

[ambrosio]

Antwort auf Beitrag Nr.: 38.218.152 von finanzmarc am 20.10.09 22:18:54

Ja, bin seit ca. einem Jahr Abonnent des "Diggers and Drillers" und finde, dass die ihre Sache ganz gut machen.

Mehr zu DD auf
http://www.portphillippublishing.com.au/publications.html

Weiters empfehlenswert und kostenlos; "The Daily Reckoning"
http://www.portphillippublishing.com.au/freeservices.html

[Nissie]

Focus Money heutige Ausgabe

Goldland Ghana - Große Kursfantasie

zu Azuma wird in diesem Artikel folgendes ausgeführt:

"Azumah ist dagegen erst nocvh ein kleiner E$xplorer, der in den kommenden Monaten beweisen, dass seine Liegenschaften das Potential für eine Mine besitzen. Die Aktie ist zwar aussichtsreich, jedoch noch viel spekulativer als Adamus und Perseus."

Insgesamt gibt dieser Artikel einen guten Überblick über die dortigen Investoren und deren Aussichten.

[ambrosio]

AZUMAH COMMITS TO 41,000 METRE DRILLING CAMPAIGN

Auszug aus der Nachricht

Drilling will focus on extending existing resources at the Kunche and Bepkong deposits where
the Company has already outlined a 750,000oz Indicated and Inferred Mineral Resource, testing
for new discoveries in the immediate vicinity of these and investigating some compelling targets
along the Kunche-Bepkong mineralised structural corridor.
....

Work will commence shortly and will comprise 19,000 metres of reverse circulation (RC), 21,000
metres of aircore and 1,000 metres of diamond drilling.
....

“The forthcoming 41,000 metre drilling campaign will be the largest undertaken in the Company’s
history and by far exceeds the present commitments of other West African junior gold explorers.
The scale of the campaign will ensure that Azumah’s investors can look forward to a high level of
news flow over coming months,” Azumah Managing Director, Mr Stephen Stone added.


http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=465905

[ambrosio]

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=466522

Company Presentation 29oct09

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SEPTEMBER 2009
QUARTERLY OPERATIONS REPORT

Highlights
Wa Gold Project, North West Ghana

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October 29, 2009

Azumah Is At The Cutting Edge Of Development In The New Gold Province Of North-West Ghana.

By Our Man in Oz /
www.minesite.com

It’s been a long time between speeding fines for Stephen Stone. But last week, as chief executive of Australian-based Azumah Resources, he would probably have been both dismayed and delighted at copping a ticket from the watchdogs at the Australian Securities Exchange. Why, they asked, had the company’s share price had hit A31 cents? “Not aware of any market sensitive information” was the bog standard reply, coupled with the cheeky observation that the board of Azumah shared the view of the stockbroking firm, BGF Equities, that the company’s shares were “currently undervalued”. Tempting as it is to call on that famous “he would say that, wouldn’t he” quip from Mandy Rice-Davies when she was told that Lord Astor denied an affair with her, there is in this case every reason to believe the Azumah board, and to remind Minesite’s faithful readers that four months ago (June 29th) we gave the company a positive review when it was trading at A14 cents.

Back then Minesite’s Man in Oz had been impressed by what appeared to be the sniff of a substantial gold strike from early drilling at the Collette and Julie prospects which were acquired as part of a deal to expand the footprint of Azumah’s Wa project in north-west Ghana. This is a region that’s fast-becoming one of the world hot new gold provinces. Minesite’s man was also curious as to how Azumah was digging itself out of the tricky situation created by being closely associated with the failed Australian goldminer, Croesus Mining, a relationship which dragged Azumah’s share price as low as A4 cents in 2008. Stephen did a good job in June, and he did a better job this week, explaining why the Azumah story has moved ahead rapidly, why confidence is growing inside the company, how it has left the past behind, and how it is on the way to completing its transformation from explorer into emerging producer with a strong business model.

“I’m certainly seeing our work as more of a developing business than an exploration play”, he said on the sidelines of a mining conference in Brisbane. “The scoping study we have underway at Wa is now into a continuous process, addressing critical issues such as environmental studies, in preparation for more detailed work.” The aim is to use Wa as a jumping-off point for Azumah, when it’s up and running and producing around 70,000 ounces of gold a year at a cash cost of around US$483 an ounce. Preliminary mine studies assume the processing of one million tonnes of ore assaying an average of 2.24 grams a tonne over an initial life of 4.5 years, sufficient to generate a pre-capital operating surplus of A$138 million.

Modest as this start up sounds, it is only the start. In fact, there’s a growing belief that Azumah is positioned to grow far beyond 70,000 ounces of a gold a year thanks to its ground position in what Stephen is now referring to as “Ghana’s emerging north-west gold province”. Part of his conviction stems from Azumah’s own exploration results, part from what’s happening on the tenements of neighbours, and part from the way the geology of north-west Ghana is being re-interpreted as a direct extension of the southern portion of the country, which is home to some of the world’s biggest gold mines. The only reason the north-west has been slow to develop is that it was always regarded as too remote. Translated, that means explorers couldn’t be bothered in the early years, because the pickings were so rich in the south.

Times change, even if the geology does not, which is why Azumah is about 10 days away from launching its next drilling assault on its tenement package. Scheduled to run into the new year, the next round of work calls for a total of 41,000 metres of reverse circulation, air core and diamond drilling. First assays from the campaign can be expected in about six weeks, and will continue to come in over Christmas. Stephen said the focus would be on extending the existing Kunche and Bepkong deposits, which have already been shown to contain a resource of 750,000 ounces of gold. “We’ll also be infilling shallow, high-grade mineralisation outlined at Julie and Collette”, he said.

In terms of commitment, the 41,000 metre campaign is the biggest ever mounted by Azumah on its 3,100 square kilometre tenement package. “We aim to substantially increase the momentum of our exploration effort and our development studies”, Stephen said. “The aim is very simple. We want to build the first stand-alone commercial goldmine in north-west Ghana. As we currently see the project evolving, it will consist of a central processing plant close to Kunche and Bepkong with material from Julie and Collette trucked across. Trucking means we might lose half or three-quarters of a gram [in gold, because of the cost involved] but they’re looking to be pretty robust deposits.”

On the market, Azumah shares have pulled back after their high-speed dash to A31 cents and are now be trading around A22.5 cents, a price which values the company at a lazy A$34.6 million. Lazy because Azumah is at the cutting edge of work on what is shaping up as an exciting new gold province, and because it already has sufficient gold in the ground to start a small mine. Added to that, it is about the start one of the biggest drilling campaigns ever seen in the region. Given that the southern Ghanaian gold industry started small and grew like topsy there are reasons to believe that northern Ghana will follow the same route, and Azumah has booked itself a ringside seat.

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AZUMAH RAISES A$4.24M TO ACCELERATE DEVELOPMENT OF WA GOLD PROJECT, GHANA
FUNDS TO BE USED TO BOLSTER WORKING CAPITAL AHEAD OF MAJOR 41,000m
DRILLING CAMPAIGN AND PROJECT DEVELOPMENT STUDIES

....
The funds raised will bolster Azumah’s working capital to over A$9 million ahead of a largescale,
41,000m drilling programme aimed at increasing the Company’s previously outlined 750,000oz Indicated and Inferred Mineral Resource (Table1).

This drilling programme is scheduled to commence shortly and will as a priority test for extensions to the Kunche and Bepkong discoveries. It will also test for new mineralisation in the
immediate vicinity of these deposits, investigate priority targets along the Kunche-Bepkong mineralised structural corridor and delineate maiden resources at the Julie and Collette prospects (Fig 2).

First results are expected in early December and news flow will continue well into 2010. Maiden
JORC Code mineral resource estimates for Julie and Colette are expected to be available early
in the next Quarter.
....

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=468169

[ambrosio]

Auszug aus dem DIGGERS&DRILLERS

...
***Azumah up ten percent in a day after over-subscribed capital-raising

Gold has been in all over the headlines again this week after India's purchase of 200 tons from the IMF. Although it was a central bank to central bank off-market purchase, the psychological boost it gave the gold market has pushed the US gold price to within striking distance of US$1100, and the Aussie gold price above $1200 during mid week.

Gold has now risen 4% in US and Australian dollar terms since I wrote a bullish story on gold in the last monthly newsletter. I tipped several gold stocks that were well positioned to profit from gold's meteoric rise. My first pick was Azumah Resources (ASX:AZM) who raised A$4.24 million in an over-subscribed capital raising at 20 cents a share this week.

This gives Azumah a war chest of more than $9million to pursue their drilling program. The indicated and inferred resource is currently at 750,000 ounces, mostly in the Kunche and Bepkong areas, but watch out for drilling results in the coming months, a figure the company expects to blow out of the water.

Macquarie Bank took part in the placement to keep their 15% share in the company. Those that missed out were still keen to get on board, and the price has risen more than 10% since coming back on market, putting it 16% above its entry price in total.

Although the market cap has increased, the Market Cap per Ounce is still only US$46.56/oz, which means it's still a bargain investment that should be bought.
...

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AZUMAH COMMENCES DRILLING AT WA GOLD PROJECT, GHANA

41,000m DRILLING PROGRAMME AIMED AT EXPANDING EXISTING 750,000oz RESOURCE AND TESTING PRIORITY TARGETS

...
“With working capital recently boosted to A$9.5 million, Azumah can now focus on rapidly increasing its resource base and accelerating its Wa Gold Project development studies,” said
Azumah’s Managing Director, Stephen Stone.
...

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=468845

Mit der weiteren Exploration wurde begonnen.
Erste Ergebnisse sind im Dezember zu erwarten.

[ambrosio]

Auszug aus dem D&D

Gold Being Re-monetised

Since Alex’s research on Aussie gold stocks in Ghana, the yellow metal has popped to new highs in U.S. dollar terms. It made an all-time high in the spot market US$1,122.85, before backing off and
consolidating. What is driving this latest move and how long could it last?
The move began in the first week of November.
That’s when investor’s learned that India pipped China at the post to walk away with 200 tonnesof gold being sold by the international Monetary Fund. India paid US$6.8 billion. With China
steadily accumulating gold as a reserve asset (at the household AND central bank level), everyone thought the Chinese were the logical choice to buy the IMF gold. The Indian news somewhat of
a surprise and added more fuel to the bullish fire under the gold price.
The IMF sale was part of a plan to unload 403.3 tonnes of gold. It’s halfway there, and will use the proceeds to fund itself and loans to the developing world. But what else is going on? Official holders of gold (like the IMF) play a huge role in the aboveground
supply of gold. Are they going to be sellers or buyers going forward?
In the past, larges sales of gold - mostly by European central banks - swamped the gold price and kept it in check. The European CBs either felt like they had too much gold doing too little work on the balance sheet. Or, they were manipulating the price of gold down by increasing the supply to the market whenever the gold price began rendering its verdict on global fiscal and monetary policy.
But now some of those central banks appear to have become buyers, not sellers. India’s central bank is now the proud owner of 557 tonnes of gold. That gives it the tenth largest gold holdings
among central banks. But it probably isn’t finished.
Gold makes up just six percent of India’s foreign exchange reserves. There’s plenty of room for that percentage to grow.
Gold $6,500?
China, as always, is the elephant in the room. Any changes to its percentage of forex reserves held as gold could make a major impact on the gold price.
For example, Andy Smith, the gold analyst at Mitsui Metals, reckons that if China decides to increase its level of gold holdings from 2% to 10% of reserves, it would amount to 5,400 tonnes. That’s two years world mine supply. He says it could cause a gold price of US$6,500/oz—a 478% increase on gold’s
recent high.
Is it really possible? Yes. China has $2.3 trillion in foreign exchange reserves. But 70% of those - or $1.6 trillion - are in U.S. dollars. It owns over just a 1,000 tonnes of gold. That makes up less than 2% of China’s reserves and makes China the seventh
largest holder of above ground gold.
In fact the gold exchange traded fund (NYSE:GLD) owns more gold than China. France, Italy, the IMF, Germany, and the United States round out top five (from fifth to first). China could double (and then double again) its gold reserves and gold would still make up less than 10% of its total forex reserves.
Compare that to 66% in Italy, 69% in Germany, 70% in France, and 77% in the U.S., according to official numbers.
There will always be a threat that European Central Banks release gold supply on to the market. In fact, European central banks just renewed a fiveyear agreement (including the IMF) to sell down a maximum of 400 tonnes of gold per year from their holdings. They’ve agreed to this to disgorge their gold in an orderly fashion.
The European central banks would rather hoard their gold than sell it in a rising market. There may be a price at which they do sell it, in order to pay down sovereign debts. But psychologically, the fact that central banks want to own gold and not sell it is pretty important.
Also, it shows you how the balance of economic power in the world has shifted East. True, the European banks can still dump gold on to the market to drown the price. But between the ETFs,
central bank buyers in India and China, and the average man on the street in Beijing, Mumbai, and elsewhere, there are more buyers of gold now than sellers.
And if the GFC is slowly morphing into a sovereign debt crisis, then the case for gold is that much stronger. The only worry?
So many hedge fund managers and pundits are singing the same tune: long gold and short U.S.
Treasuries. The bond bubble could go on much longer than anyone expects. And when so many people agree on something, none of them are usually right. As a contrarian, you’d be worried about becoming a victim right about now.
For Australian investors, the only question is when the Aussie gold price catches up with the U.S. gold price. This may require a weaker dollar. In the meantime, Alex’s strategy of buying Aussie
producers who incur costs in U.S. dollars and still benefit from rising bullion prices looks like the best way forward. n

[ambrosio]

AGM-Presentation


http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=470945

[ambrosio]

Auszug aus dem D&D

....
Gold company review

Gold continues to set new records, and the US price is testing $1200. Meanwhile, the Australian gold price turned the corner earlier this month far more drastically than I had anticipated and has just punched through AUD$1300.

The big gold companies themselves have a great view of the industry forces, and are so confident in long term price increases that they have all been in the process of closing their hedge books. Hedging is the process of selling gold in advance for a discount. This is a disaster when prices are rising as it means missing out on a lot of profit.

However closing the hedge book can be very expensive, so companies have to be confident that prices are going up before they do it. This week Barrick Gold has just joined the long list of gold companies de-hedging that includes Newcrest, Lihir, and Newmont Mining.

As I discussed in the September issue of Diggers & Drillers, one of the principal reasons I'm convinced the price of gold is set to trend upwards in coming years is falling supply. Substantial gold finds are becoming rarer, and production levels in older mines are falling.

The South African Journal of Science published research to this effect this week. Things have changed since the seventies when South African gold accounted for 75% of global production. Last year it produced just 233 tonnes of gold, just 10% of global output.

Chris Hartnaday, the author of the research, expects South African gold production to fall by 60% within a decade. He believes the country's mines are nearly exhausted, and calculates that there may be slightly less than 3,000 recoverable tonnes remaining in the ground.

You can see how South Africa's falling production (red) has impacted on global production over the last twenty years, and now this trend is set to accelerate. This will exert a steady upwards force on the price.

The same can be said for demand. The World Gold Council's latest figures show a 21% year on year increase in demand for gold. The US Mint has certainly felt the demand, and reports that it is suspending sales of its one ounce gold coins as it has sold its entire inventory.

Falling supply, and rising demand, can only push prices up.

This makes it a good time to revisit the five gold companies we've tipped this year.

Azumah Resources (ASX:AZM) has increased 31% from entry price just six weeks ago. To put that in context the All Ords Gold index has increased just 11% since then. The AGM was on Wednesday this week and everything is on track. Drilling results should arrive within the next few weeks, which I expect to have a very positive effect on the price. Azumah commenced its extensive 41,000 metre drilling program on 12th November, and this is expected to continue until early 2010. The focus is on extending existing resources at Kunche and Bepkong deposits from its collective current size of 754,000 ounces.

It's exciting times for Azumah, and this is still my favourite gold stock.
....

[ambrosio]

Gold Going to $2600 Thanks to China


http://finance.yahoo.com/tech-ticker/article/382000/Rosenber…


...
Gold just capped off its best month in a year — up 14% in November and 34% so far in 2009. Not even the S&P 500 can compete with that. Helping drive the latest gains was the news out of the China Gold Association that the country’s gold demand is on pace this year to exceed 450 metric tonnes, a 14% increase over the 395.6 tonnes in 2008. (In contrast to India, jewelry sales are up double-digits in China so far this year.) By way of comparison, China, which recently surpassed South Africa as the world’s largest producer, is on its way to 310 tons of newly mined output this year, or more than 30% below its level of demand.
...

[ambrosio]

Auszug aus WW

....
Edelmetalle vor Preissprüngen
Monetäres Umfeld erzwingt Einstieg institutioneller Anleger
An den internationalen Finanzmärkten
zeichnet sich eine Entwicklung
ab, die man im übertragenen Sinne
nur als „perfect storm“ bezeichnen
kann. Das Problem für die Drahtzieher
der Krisenbewältigung liegt vor
allem darin, dass Ihnen langsam,
aber sicher einige Kontroll- bzw.
Manipulationsfäden aus den Händen
gleiten. Doch die Fokussierung auf
die wichtigsten Probleme ist notwendig,
um nicht komplett den Überblick
zu verlieren.
Der Goldpreis erhält seine Freiheit
zurück
So kommt es, dass dieser Tage und
Wochen in Bezug auf den Goldpreis
die „Arbeit“ von Jahren geopfert wird:
Vorbei ist die Regelmäßigkeit der
Preisdrückung, wann immer das
Finanzsystem Schwäche zeigt oder die
Weltwährung US-Dollar bereits am
Abgrund steht und dann doch noch
einen großen Schritt „nach vorne“ geht.
Inzwischen wertet Gold fast täglich
auf, sind die Widerstände auf dem Weg
nach oben relativ klein. Die zuvor als
potenzieller Belastungsfaktor empfundenen
Zentralbanken verkaufen schon
lange keine nennenswerten Goldmengen
mehr – inzwischen sind sie bereits
zu Goldkäufern mutiert. Die letzte groß
angekündigte Verkaufsoffensive durch
den IWF – es geht um immerhin 400
Tonnen – verläuft auch deshalb im
Sande, weil gerade die Notenbanken
der zweiten Reihe offenbar gar nicht
genug Gold zu diesen Rekordpreisen
kaufen wollen.
Indien und „Umgebung“ kaufen
IWF-Goldvorräte
Wurde lange Zeit China als der vermeintliche
Abnehmer für die Goldmengen
geführt, so ist es nun doch der indische
Wirtschaftsraum, der sich hier
schadlos hält. Neben den Indern selbst
kaufen Sri Lankas und Mauritius‘ Zentralbank
ebenfalls einige Tonnen.
Beide Länder sind eng mit Indiens
Wirtschaft verbunden, man kann daher
durchaus von einer konzertierten
Aktion sprechen. Vor diesem Hintergrund
spielen auch die immer wieder
von ahnungsloser Seite benannten
Tiefstände bei indischen Schmuckkäufen
keine Rolle für den Goldpreis.
Über die Jahre geglättet, eilt die private
Goldnachfrage vom Subkontinent
nämlich von Rekord zu Rekord. Nur
heftige Kursgewinne der Feinunze,
häufig gepaart mit Kursverlusten der
heimischen Währung Rupie, sorgen für
eine kurzfristige Ernüchterung der
Goldschmuck-Liebhaber. Die Gewöhnung
an das neue, höhere Preisniveau
findet mit einer Verzögerung von wenigen
Monaten stets statt.
Investment-Nachfrage treibt den
Goldpreis
Doch all die Nachfrage nach „güldenem
Geschmeide“ ist absolut nichts im
Vergleich zu der Investmentnachfrage,
die derzeit den physischen Goldmarkt
überrollt – und wir stehen hier erst
ganz am Anfang einer Bewegung, die
kurzfristig noch für Überraschungen
auf „Expertenseite“ sorgen wird. Gerade
die aktuelle Entwicklung in Bezug
auf die Solvenz einiger Emerging Markets
wie Dubai lässt die Renditen von
Staatsanleihen höchster Bonität, entgegen
den optimistischen Wirtschaftserwartungen,
fallen und nicht steigen. Im
Ergebnis kollabiert die Realverzinsung!
Das Investment „allerhöchster
Bonität“, weil eben ohne jegliches
Bonitätsrisiko auskommend, ist aber
Gold. Wenn mit den besten Staatsanleihen
real keine positiven Erträge
mehr erwirtschaftet werden können,
wird sukzessive Papiergeld in echtes
Geld, sprich: Gold, umgetauscht. Das
ist eine Entwicklung, die in der Vergangenheit
stets von den „falschen
Geldhütern“, den Notenbanken, bekämpft
wurde – schließlich stellt ein
über längere Zeit steigender Goldpreis
einen direkt sichtbaren Wertverlust für
das bunt bedruckte und beliebig vermehrbare
Zentralbankpapier dar.
Der Goldpreis flitzt zu neuen
Rekordständen …
Doch der Widerstand der Zentralbanken
und der mit ihnen verbundenen
Investmentbanken gegen die nur folgerichtige
Goldpreishausse ist zusammengebrochen
und steht aus meiner
Sicht auch nicht unmittelbar vor der
Wiederauferstehung. Viel wichtiger ist
es für die Verantwortlichen, den Geldund
Zinsmarkt in die gewünschte Richtung
zu schieben. Auch die Rettung des
US-Dollar genießt Priorität. Allein um
diese beiden Teilmärkte wenigstens
ansatzweise zu kontrollieren, darf aber
die Goldpreisentwicklung keinen bremsenden
Einfluss entfalten. Das haben die
Profis inzwischen begriffen und decken
sich langsam, aber sicher ein. Als Reaktion
auf die von mir beschleunigten
Goldkäufe zum Jahresende erwarte ich
für die nächsten 10 Wochen einen Goldpreis
von in der Spitze rund 1.350 USD.
Auch zum Euro und allen anderen Währungen
von Rang und Namen wird diese
Aufwertung voranschreiten. Dennoch
handelt es sich nicht um eine „Goldblase“,
wie bereits jetzt von einigen
behauptet wird. Warum das nicht so ist,
können Sie einem Beitrag in der
Spezialausgabe Dezember von Wahrer
Wohlstand entnehmen.
… auch die Goldminen werden die
Welle hochsurfen
Und die Goldminen? Wann geht es mit
ihnen endlich rasant nach oben? Ich
erwarte hier vor allem zu Beginn des
kommenden Jahres die große Trendbewegung.
Auch Silberminen sollten dann
in eine neue große Aufwärtswelle eintauchen.
Eine Orientierung pro Mineninvestments
zu Jahresbeginn würde
dabei klassischen Vorlagen aus der Vergangenheit
folgen, denn die von mir
gerade in den kommenden Wochen
erwartete Hausse der Edelmetalle wird
entscheidend die Weichen für viele
institutionelle Anleger neu stellen.
Nachdem 2009 bereits ein erfolgreiches
Jahr für Goldminen war, aber nur wenige
Profis dabei waren, kann es sich während
dieses Hausseschubs kein Großanleger
erlauben, hier ein weiteres Mal zu
patzen. Da die Marktkapitalisierung
aller Goldminen geringer ist als jene von
Microsoft, sollten Sie sich auf einen
atemberaubenden Kursschub einstellen.
....

[ambrosio]

We're running out of gold - miners

GOLD production will continue to fall, despite a brief boost in 2009 and soaring prices, as deposits are exhausted and new discoveries remain elusive, say miners.

....

http://www.dailytelegraph.com.au/business/news/were-running-…

[ambrosio]

Gold - Das Jahr 2010 wirft seine Schatten voraus!
23.12.2009 | 7:30 Uhr

http://www.rohstoff-welt.de/news/artikel.php?sid=16758

[ambrosio]

Interessanter Artikel, verfaßt von John Embry, Chief Investment Strategist bei Sprott Asset Management


Gold bull has many years, thousands of dollars to go

http://www.sprott.com/Docs/InvestorsDigest/2009/12_24_2009%2…

[ambrosio]

ACHTUNG: Unglaubliche Enthüllungen! Skandalöse Praktiken am Goldmarkt‏

Lieber Leser,

Ihr Interesse an den neuesten Enthüllungen über die Lage am Londoner Goldmarkt ist berechtigt. Denn das, was ich Ihnen jetzt gleich erzählen werde, birgt eine so gewaltige Sprengkraft, dass es den Goldpreis um ein VIELFACHES seines bisherigen Wertes noch oben schießen könnte.

Nicht irgendwann. Und es würde sich auch um keinen zähen, langwierigen Prozess handeln...

Ich spreche von einer Preisexplosion quasi aus dem Stand heraus!

Sollte eintreffen, was zwei intime Kenner des Londoner Goldmarktes jetzt enthüllt haben, dann sind Goldpreise von 3.000 US-Dollar, 5.000 US-Dollar und sogar noch sehr viel mehr vollkommen denkbar!

Derzeit scheint sich ein gewaltiger Hurricane am weltweit größten Handelsplatz für physisches Gold, der London Bullion Market Association (LBMA), zusammenzubrauen.

Paul Mylchreest, ein erfahrener Rohstoff-Analyst und Autor des Thunder Road Report, und Adrian Douglas, Goldmarktanalyst und Vorstandsmitglied beim Gold Anti-Trust Action Committee, deren Ziel es ist, die illegale Goldpreismanipulation zu bekämpfen, fanden anhand umfangreicher Berechnungen Folgendes heraus:

Die in der LBMA zusammengeschlossenen so genannten Bullion-Banken haben offensichtlich jahrelang ein Vielfaches mehr an Gold verkauft als eigentlich in deren Safes vorhanden ist.

Bislang kein Problem, aber jetzt könnte diese Praxis — zu panikartigen Zuständen führen.

Bringen Auslieferungs-Forderungen das fragile Kartenhaus zum Einsturz?
Dazu muss man wissen: Die LBMA ist ein Zusammenschluss von Banken, die berechtigt sind, im Auftrag von Kunden Gold zu kaufen und zu verkaufen. Der Handel findet direkt zwischen den Banken statt. Haben Kunden einmal Gold gekauft, lassen sie es aus Kostengründen oder weil sie es in absehbarer Zeit wieder verkaufen wollen, meist bei den Banken liegen. Fast all dieses bei den Banken liegende Gold soll so genanntes „nicht zugeteiltes“ Gold sein.

Das heißt, das Gold aller Kunden einer Bank liegt in einem gemeinsamen Safe und man kann nicht sagen, welcher Barren welchem Kunden gehört. Das nicht zugeteilte Gold ist lediglich eine finanzielle Verbindlichkeit für die Bank. Es ist keine Verbindlichkeit, die in Gold ausgezahlt werden muss — es sei denn, und das ist der springende Punkt, der Kunde wünscht ausdrücklich die physische Auslieferung.

Nach den aufwendigen Berechnungen der beiden Experten Paul Mylchreest und Adrian Douglas sollen die Kunden der Bullion-Banken zwischen 64.000 und 150.000 Tonnen Gold besitzen. Demgegenüber sollen diese Banken jedoch allerhöchstens 15.000 Tonnen an Goldbarren in ihren Safes liegen haben.

Und das würde bedeuten: Die Banken hätten ihren Kunden zwischen 4 und 10 Mal mehr Gold verkauft als eigentlich tatsächlich vorhanden ist.
Worin liegt jetzt genau die Sprengkraft dieser skandalträchtigen Praxis am Londoner Goldmarkt?

Bislang gab es keine größeren Zwischenfälle, weil kaum ein Kunde darauf bestanden hat, sein Gold tatsächlich von seiner Bank ausliefern zu lassen.

In jüngster Zeit kam es jedoch zu überraschenden Entwicklungen:

Anfang September 2009 wurde gemeldet, dass Hongkong all seine physischen Goldbestände im Wert von 63 Millionen US-Dollar aus London abzieht und in ein neues Hochsicherheits-Depot am Hongkonger Flughafen transportieren lässt. Das Depot steht in Zukunft auch Regierungsinstitutionen anderer Länder zur Verfügung.

Das deutet stark darauf hin, dass weitere asiatische Länder ihr Gold aus London abziehen werden...

Ende September 2009 soll es zu einer regelrechten Panik an der LBMA gekommen sein soll, als Marktteilnehmer in erheblichem Umfang die Auslieferung ihres gekauften Goldes verlangten und sogar großzügige Geldbeträge (die Rede ist von einer Prämie von bis zu 25 % über dem damaligen Goldpreis) als Ersatz ablehnten.

Das Gold soll letztlich nur durch eine Rettungsaktion von Zentralbanken, in Form eines Leasinggeschäfts, geliefert worden sein. Dass das Gold überhaupt nur über ein Leasinggeschäft geliefert werden konnte, zeigt laut Analyst Adrian Douglas, dass selbst die Zentralbanken nicht mehr genügend Barren zur Verfügung haben, die den LBMA-Standards (u.a. Feinheit von Minimum 995/1000) genügen.

Kurz zur Erklärung: Die LBMA legt die Richtlinien über Gewicht, Aussehen und Markierung fest, nach denen Goldbarren die Nennung „Good Delivery“ erhalten, der international anerkannte Standard.

An der anderen großen Goldbörse, der New York Commodities Exchange (COMEX), soll es vor einem halben Jahr ähnliche Vorgänge gegeben haben. Damals verlangten verschiedene Teilnehmer die Auslieferung von bis dato kaum gesehenen 850.000 Unzen Gold von der Deutschen Bank. Laut Gerüchten soll die Deutsche Bank nicht in der Lage gewesen sein, diese riesige Menge zu liefern und soll in einer Rettungsaktion von der EZB rausgehauen worden sein.

Wenn auch nur ein Bruchteil der Kunden ihr Gold wirklich haben will, könnte der Goldpreis sehr schnell in die Stratosphäre schießen!
Alles nur Gerüchte und Vermutungen? Wohl kaum.

Regierungen sind in der Regel besser informiert als jeder Privatanleger.

Warum meinen Sie, zieht Hongkong seine kompletten physischen Goldbestände im Wert von 63 Millionen US-Dollar aus London ab und lässt diese in ein Hochsicherheits-Depot am Hongkonger Flughafen transportieren?

Die Chinesen scheinen bereits mehr über die Praktiken an der LBMA zu wissen als die meisten anderen!

Weitere Kunden könnten diesem Beispiel folgen und eine Kettenreaktion auslösen. Denn wer möchte am Ende schon mit leeren Händen dastehen?

Und jetzt stellen Sie sich vor, was passiert, wenn auch nur ein kleiner Teil der Marktteilnehmer am Londoner Goldmarkt auf die physische Auslieferung seines Goldes besteht.

In diesem Fall wären die Bullion-Banken nämlich blitzschnell ihre Restbestände los und müssten sich zu JEDEM nur möglichen Preis Gold über den Markt kaufen. Der Goldpreis würde sich ohne Zweifel innerhalb von Tagen oder sogar nur Stunden vervielfachen!

Und die Chance, dass die amerikanische Zentralbank als Verwalterin des größten Goldschatzes der Welt den Bullion-Banken zur Hilfe eilen kann, ist äußerst gering.

Die Goldbarren der US-Zentralbank sollen größtenteils aus der staatlich veranlassten Beschlagnahmung aller Goldbestände aus den 30-er Jahren stammen. Die damals eingezogenen Münzen waren nicht aus purem Gold und sollen ohne Umweg eingeschmolzen und in Barren gegossen worden sein.

Somit hätten diese Barren nur eine Feinheit von 916/1000 und könnten nicht in London an den Markt gebracht werden, da dort Minimum 995/1000 verlangt werden. Eine Verbesserung der Feinheit ist auf die Schnelle nicht möglich und käme zu spät, um die Situation zu retten.

Was sich derzeit am Goldmarkt abspielt, ist spannender als jeder Krimi.

Auf den Goldpreis wirken derzeit gewaltige Kräfte. Mit der endgültigen Überwindung des hartnäckigen Allzeithochs von 1.226 US-Dollar ist der Weg nach oben frei.

Dass der Goldpreis in den kommenden Monaten mindestens sein inflationsbereinigtes Allzeithoch aus dem Jahr 1980 von rund 2.300 US-Dollar erreicht, mag inzwischen kaum noch jemand ernsthaft bezweifeln.

Die jüngste Enthüllung über die Machenschaften am Londoner Goldmarkt ist letztendlich auch nur eine einzige (unter den zahlreichen anderen) Sprengladung, die den Goldpreis in den nächsten Monaten in vollkommen ungeahnte Höhen katapultieren könnte.

Zwei Tatsachen sprechen dafür, dass Sie gerade jetzt mit gezielten Gold-Investments außerordentlich gut verdienen können:

Die Marktteilnehmer sind hochnervös. Jedes ernstzunehmende Gerücht sorgt für gewaltige Schubkraft beim Goldpreis.

Die fundamentalen Gründe für einen weiteren, massiven Goldpreisanstieg verdichten und potenzieren sich gegenseitig. Hierbei handelt es sich um nachprüfbare Tatsachen, die Sie selbst anhand einfacher Charts erkennen können.


Aber wie sieht es auf der Angebotsseite aus?

Während in den nächsten Wochen und Monaten weltweit kleine und große Investoren durch eine noch nie gesehene Kaufschlacht die Goldnachfrage extrem steigern werden, ist von der Angebotsseite absolut keine Entspannung der Lage zu erwarten.

Minen: Die Goldförderung in den Minen ist trotz des starken Goldpreisanstiegs seit dem Jahr 2000 von 2.620 Tonnen auf nur noch 2.416 Tonnen im Jahr 2008 zurückgegangen.

Notenbanken: Auch die Verkäufe durch Notenbanken — bisher immer eine willkommene Entlastung für den Goldmarkt — sind stark gefallen. Verkauften die Notenbanken 2007 noch 484 Tonnen Gold, sind es 2008 nur noch 246 Tonnen gewesen!

Und das ist auch vollkommen nachvollziehbar. Denn welcher verantwortungsbewusste Notenbankchef würde bei solch schlechten Aussichten für den US-Dollar ernsthaft an Goldverkäufe denken?

Quelle: Investor Verlag

[ambrosio]

Willem Buiter warns of massive dollar collapse
Americans must prepare themselves for a massive collapse in the dollar as investors around the world dump their US assets, a former Bank of England policymaker has warned.

http://www.telegraph.co.uk/finance/economics/4125947/Willem-…

[ambrosio]

Beitrag aus dem D&D

Diggers and Drillers
Friday, 15 January 2010
Melbourne, Australia
By Dr Alex Cowie


...
***Azumah results in next two weeks

Gold has bounced convincingly off the US$1090 level, and has found support around US$1140 for the last week.

I called Azumah Resources (ASX:AZM) this week to ask when we could expect their first drilling results. The company is approaching the halfway mark of the epic 41,000 metre drilling campaign. Christmas interrupted this briefly, but the team were back at it by the 4th of January. The drilling started at the end of November, and will continue at least until the end of February. The aim of the drilling is to enlarge the size of the gold resource. The first results will be released to the market in the next two weeks, so watch out for these. These will continue over the next few months.
...

[ambrosio]

Diggers and Drillers
Friday, 22 January 2010
Melbourne, Australia
By Dr Alex Cowie


.....
***Azumah releases drilling results (ASX:AZM)

These results are the first of a series of releases that will be coming out over the next couple of months. They are promising but we only have a few pieces of the jigsaw puzzle at the moment.

There are some better results amongst the intercepts. It is better to consider these as evidence of gold mineralisation, and wait until there is a better sample size before reading too much into them.

The exciting part of the announcement is that there are two new zones. Aduane represents a new zone between two existing deposits. There are three holes with a good intercept of 14m at 2.46 grams per tonne from surface. Another new zone at Sabili, 2 km to the west of existing deposits, looks like a narrow high grade quartz lode.

It will be interesting to see what the next results suggest.

[ambrosio]

High-Grade Drilling Results to Support Resource Upgrade at Wa Gold Project, Ghana

[ambrosio]

DECEMBER QUARTER 2009
OPERATIONS REPORT
WA GOLD PROJECT, NORTH WEST GHANA

[ambrosio]

aktuelle Präsentation

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=479112



AZUMAH COMPLETES ACQUISITION OF
THREE NEW LICENCES
WA GOLD PROJECT, GHANA

[ambrosio]

Aus dem Rohstoffreport

Sehr geehrte Leserinnen und Leser,
wir leben in wahrlich historischen Zeiten. Mit China gibt es eine Wirtschaftsnation, die in einem Tempo zu Wohlstand findet, wie nie eine Nation zuvor, und zwischen den Jahren 2003 und 2007 führte der chinesische Drache in der Weltwirtschaft zu der längsten Expansionsphase in der Geschichte mit Wachstumsraten von über
5% pro Jahr. Diese Zeiten sind vorbei. Das Jahr 2009 brachte einen Einbruch des Welthandels um 12% - das ist der schärfste Rückgang seit dem zweiten Weltkrieg. Ob das System durch den Reset wieder ins Laufen kommt, darüber scheiden sich die Geister.
Es gibt eine illustre Runde derjenigen, die sagen, dass die Krise schlimmer werden könnte, als die Große Depression der 1930er Jahre: Sie besteht aus den ehemaligen amerikanischen Notenbank-Präsidenten Frederic Mishkin und Paul Volcker, den Wirtschaftsprofessoren Joseph Stiglitz, Barry Eichengreen und Kevin H. O'Rourke, dem Börsenguru Marc Faber und den Investoren George Sorors und Nassim Nicholas Taleb.
Aber auch der ehemalige Schatzmeister von Fannie Mae Edward J. Pinto und der britische Aktienstratege von Morgan Stanley, Graham Secker, sehen die Zukunft pessimistisch. „Farmland und Gold“ sollen Anleger kaufen, rät Marc Faber, und bläst damit ins gleiche Horn wie Jim Rogers oder der ehemalige Chefmarktstratege von Morgan Stanley, Barton Biggs.
Dass jetzt selbst Ben Bernanke höchstpersönlich diesen Satz sagte,
stimmt bedenklich. Zitat: „Eine Menge Dinge sind passiert, eine Menge Dinge kamen zusammen, führten vermutlich zu der schlimmsten
Finanzkrise, sicherlich seit der Großen Depression, möglicherweise inklusive der Großen Depression.“ Somit gehört auch Bernanke höchstpersönlich zum Kreis jener, die Schlimmeres kommen sehen. Wir dürfen gespannt sein. Es gehört sicherlich dabei nicht zu den erfreulichsten Tatsachen des jetzigen Marktgeschehens, dass der Dow Jones fast identisch das Kursgeschehen von 1987 spiegelt. Damals kam es im Dow Jones zu einem Crash um nahezu 40%. Würde sich das ganze wiederholen, würden wir im Dow Jones am 10. März bei 6300 Punkten stehen.
Hinweis: Die Namen in diesem Editorial sind zu den Original-Reden der jeweiligen Personen verlinkt, wie auch der Vergleich heute zu 1987.
Viel Spaß beim Lesen des heutigen Reports!
Ihr Jochen Stanzl
Chefredakteur Rohstoff-Report.de
Editorial 7. Jahrgang | Ausgabe 04 | 25.02.2010 2

[ambrosio]

Handel ist ausgesetzt
Soll zu einem signifikanten Recoursenupdate kommen!

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=484931

[ambrosio]

AZUMAH erhöht Resource auf 1,1 Millionen OZ (+45%)

http://asx.com.au/asxpdf/20100324/pdf/31pfdrs2twg4r4.pdf

[ambrosio]

http://asx.com.au/asxpdf/20100324/pdf/31pfdrs2twg4r4.pdf

[ambrosio]

AZM ist mit Präsentation in HONG KONG.
http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=485180

Liest sich ausgezeichnet. Vor allem was in den nächsten Monaten so alles ins Haus steht!

Hier siehts so aus, als fände gerade eine Neubewertung statt.

[ambrosio]

Auszug aus dem heutigen D&D weekly update

....
Azumah has a re-rating

India's gold imports are increasing rapidly. The Bombay Bullion Association reported its March estimates, but adding up the figures, the quarter's gold imports of 107.8 tonnes are nearly five times the 21.7 tonnes imported last year.

This is massive news as India is the second biggest gold market. China recently took this mantle, although with these figures this might be short lived.

The gold price is being pulled by opposing forces, as always. The rising US dollar pulling it down, and gold's role as a risk hedge pushing it up. It has spent most of the month falling, and is currently around US$ 1090.

The big news in our gold companies this week was a huge resource upgrade from Azumah Resources (ASX:AZM). The recent drilling results from the Julie prospect have translated into a maiden resource of 350,000 ounces. This means the total resource figure jumps from 0.75 million to 1.1 million ounces, a 45% jump.

The volume of Azumah shares traded jumped massively, and the share price increased over 40% in the next two trading sessions, leaving the price around 70% above our original entry level.

Not such good news for Macquaire as it sold a load of its Azumah shares just one week before the announcement!

The fact that the resource is now over 1 million ounces is a big deal. This is not just a psychological barrier, but it means that Azumah satisfies certain criteria for cost effective production. The announcement also suggested that there is much more scope for further upgrades, as the Julie resource is open in all directions. There is another 40,000 metres of drilling planned, and the company has still only explored 10% of its tenements. There is plenty more fun to be had with Azumah.

....

[ambrosio]

CONSIDERABLE UNTAPPED GROWTH POTENTIAL
China gold consumption to double in decade
Latest World Gold Council analysis suggests medium term outlook for Chinese gold mine supply will be challenging with demand growth expected to outstrip domestic supply

Posted: Monday , 29 Mar 2010


http://mineweb.com/mineweb/view/mineweb/en/page33?oid=101613…

[ambrosio]

Von der Gold&Miners Gazette
Mar 31, 2010

Right signs revealed by latest set of field activities

West African-focused explorer Azumah Resources Ltd has told the market fresh assay results from drilling at its Julie and Collette prospects which make up part of the companys WA gold project in Ghana have extended and confirmed what it calls the excellent continuity of high grade, near surface precious metal mineralisation.
These latest results, to be used in combination with those previously reported to deliver a maiden resource estimate at Julie by the end of March, confirm there is tremendous scope to grow resources at Wa and unlock its multimillion ounce potential.
The recent round of assay numbers were generated by the companys current 41,000 metre drilling campaign, which
was aimed at boosting mineral resources to underpin the development by the junior of the first commercial-scale gold mining operation in north west Ghana.
Azumah successfully completed the budgeted 19,000m reverse circulation (RC) component of this campaign and has since moved to secure the RC rig for the remainder of the year.
It will also do the same for the aircore machine once it completes its budgeted 20,000m schedule.
Collette prospect lies within a 4 kilometre east-west trending (and almost continuously mineralised)structure with zones of higher grade gold mineralisation hosted by laminated quartz veins.
RC drilling completed by Azumah specifically targeted a shallow dipping quartz lode persistent over an approximate) 2 km strike.
Best gold intercepts from this work included 4m at 17.58 grams/tonne from 42m (including 2m at 33.80 g/t from 42m),
3m at 5.11g/t from 70m, 4m at 4.95g/t from 5m (1m at 18.40g/t from 5m) as well as 10m at 3.19g/t.
Meanwhile, Julie extends east-west for over 6 km, with rock chip sampling,trenching and reconnaissance drilling confirming that it is almost continuously mineralised.
Azumah has been focusing on two zones Julie Eastern and Julie Western providing an early opportunity to delineate near surface,shallow dipping, higher grade resources.
Best gold intercepts here included 17m at 4.38 g/t from surface (with 7m at 9.76 g/t from 4m), 7m at 5.72 g/t from 59m(1m at 33.20 g/t from 59 m), 7m at 4.76 g/t from 29m, 4m at 8.96 g/t gold from surface and 6m at 5.25 g/t gold from 28m (2m at 14.93 g/t gold from 28m).
These excellent results have confirmed our expectations that the combined 10 km of mineralised structures at Julie and Collette are host to several zones of open ended, high grade, shallow dipping mineralisation with good continuity, Azumahs managing director Stephen Stone explained.


http://www.azumahresources.com.au/documents/GMGMAR1069.pdf

[ambrosio]

Auszug aus dem D&D

....
Azumah Resources up 76%

The gold price has not been doing anything too exciting recently. In US dollars it is back up above US$1100 again. Meanwhile, in Australian Dollars it is back down to around A$1200 as the chart below shows. For Australian gold bullion investors, this is the price that matters and can take some of the fun out of investing in gold.

The Australian gold price hasn't performed like the often quoted US gold price because the Australian dollar increased so much in the last twelve months. It's like swimming against a tide.

I don't think a rising Australian dollar could hold back the kind of price increases we could see in the next ten years, if the World Gold Council's latest forecasts are correct. It reckons gold demand from China will double in the next ten years. It has already been increasing 13% a year for the last five years, reaching 423 tonnes in 2009.

The Chinese have a high savings ratio, which is a culture reinforced by the government putting the burden of retirement income onto households in the late 70's. Then the Asian currency crisis in 1997 reinforced this. Gold has a long been perceived as a great way to achieve this saving at home.

The same is true in India, where the family savings are commonly held in gold at home. I mentioned last week how the imports are rising there as well. March quarter imports are 107.8 tonnes, nearly five times the amount last year.

Meanwhile, gold production is widely expected to keep falling. Aaron Regent, president of Barrick, one of the largest gold producers pointed out last year that mine supply has dropped about 10% in the last decade. Also that ore grades have fallen 75% to 3 grams per tonne since the '50s.

The result is that global output is falling by about one million ounces each year. This confidence that we have already witnessed 'peak gold' and that prices go up from here is why all last year the big gold companies stopped selling gold cheaper in advance ('hedge books'), as it meant missing out on future profits.

Rising demand from the world's two biggest gold markets, at the same time that global gold production levels are falling. The powerful forces of supply and demand can spell only one thing in the long run - rising prices.

Our gold recommendations are all going to be pouring their first gold at different times over the next three years, perfectly in time to enjoy these rising prices.

Five months on the four stocks are up 28% on average. The star of the show is Azumah Resources (ASX:AZM), which is now up 76% after its resource upgrade to 1.1 million ounces. With much more drilling being carried out, I think it is just a matter of time before this figure increases further. Perseus (ASX:PRU) is up 27%, and is having another crack at $2.00. I think this stock has way further to go in the coming months and years. Gryphon (ASX:GRY) has done well in the last few weeks and is now up 15%. Adamus (ASX:ADU) is the only stock pulling our stats down.
....

[ambrosio]

http://www.azumahresources.com.au/documents/100308MiningWatc…

Azumah Resources Ltd. (AZM-ASX, A$0.22, Not Rated). Additional exploration success in the near term should push Azumah’s global resource north of 1 MMoz sizeable enough to support a multi pit operation. We expect a lot of news flow in 2010 and project de-risking milestones to drive the revaluation the stock
....

[ambrosio]

Weiterhin gute Presse. Mal sehen wie sich das auf den Kurs an der ASX auswirkt

Azumah has second find
MATHEW MURPHY
April 6, 2010

http://www.theage.com.au/business/azumah-has-second-find-201…

[ambrosio]

ASX Release
Tuesday 6th April 2010

Azumah set to increase resources after more strong drilling results

Regional exploration program intensified in push to establish multi-millionounce gold inventory to support 100,000 ounce-a-year-plus production profile
________________________________________________________________________________

[ambrosio]

Antwort auf Beitrag Nr.: 39.276.887 von ambrosio am 06.04.10 01:11:56

sorry!

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=486197

[ambrosio]

Schlußkurs an der ASX 0,435A$, +10,1%

Entspricht 0,3025€

Realtime-Chart ASX
http://www.advfn.com/p.php?pid=staticchart&s=ASX^azm&p=0&t=1…

[ambrosio]

Interessanter Beitrag von Fishhead06 aus dem HC

Azumah Resources :- A Gold Explorer in Northern Ghana.

There are several "junior" gold Companies with operations in West Africa and AZM is but one. It attracts little attention and has only recently begun an upward surge in Share Price,, Mainly due to the recent Drilling Results and the Upgrade of its resource base.

Most of the West African "GOLDIES" surged in Share Price today, based on a Rising Gold Price. However, AZM is still very Undervalued when compared with one AMX - Ampella Mining.

BOTH have a Resource Base of just over 1 Million Ounces ( AZM 1.1 Million and AMX 1.2 Million ounces Gold ). What makes these two more comparable is their close Proximity in a Greenstone Quartz Gold Bearing area. AMX is in Burkina Faso with AZM just across the Border in Northern Ghana.

Share Price AMX = $1.525 ( today )

Share Price AZM = $0.435 ( today )

As you can see, there is a significant difference in SP which leads me to conclude that AZM is VERY under valued by comparison.

Disclosure - I own Stock in both.

[ambrosio]

Auszug aus dem heutigen D&D weekly update

...
Azumah Resources up 131%, Gold stocks up 54% on average

Gold has had quite a week. It seems to be breaking out of the distribution it has been in for four months, hitting a 3 month high of $1152 along the way. The current rally seems to be on fresh fears from the Greece story.

As I mentioned last week, I think gold has a long way to go in the long term, based purely on its supply and demand fundamentals. Demand is powering ahead in its two biggest markets (India and China), and supply is falling more than one percent each year.

On a global basis, gold stocks are now at the best levels in four months. Zooming in on the Australian gold stocks with a look at index All Ords Gold Index we are at the best level in 2.5 months. Most of this will be from the big jumps caused by Newcrest's (ASX:NCM) bid for Lihir (ASX:LGL).

In the past ten years gold (and coal) takeovers have been behind 38% of the world's $515 billion of takeover deals, according to Dealogic. Now it looks like the two sectors are kick-starting the process again. What's interesting is that globally many of the smaller gold stocks have had a big jump as well. In fact their moves have outpaced the big gold stocks, possibly on further takeover speculation.

The Diggers and Drillers gold stocks that we recommended in October are powering. In less than five months, we are now looking at a 54% average gain across the four stocks.

Azumah Resources (ASX:AZM) seems to be unstoppable! Less than a week after announcing a 46% jump in resources with its Julie deposit, it's at it again. Azumah announced this week it is 'poised to increase its 1.1 million ounce gold resource inventory after receiving more strong drilling results from its Wa Gold Project in Ghana.' This time it's from the Collette deposit. We don't know how big the resource upgrade will be, but the drilling results look promising, with some samples showing 20metres at 7.43g/t.

This is all from the last 40,000 metre drilling program. What is exciting is that there is another 40,000 metre program starting right now.

It has taken recent results for the market to pay attention to what Azumah has achieved, and we seem to be playing catch up now.

I must say I am confident that Azumah still looks undervalued and should be heading higher from here.
...

[ambrosio]

Quartalsbericht Online

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=488684

MARCH QUARTER 2010
OPERATIONS REPORT
WA GOLD PROJECT, NORTH WEST GHANA

Boosted resources by 45% to over 1.1Moz gold after
addition of maiden resource of 350,100oz (4.9Mt at 2.2g/t
gold) from Julie deposit

Completed 41,000m drilling campaign

Reported outstanding drilling results from eastern and
western zones within 6km east-west Julie structure incl. 17m
at 4.38g/t gold from surface (incl 7m at 9.76g/t gold from 4m)

Reported outstanding drilling results from Collette prospect
incl. 20m at 7.43g/t gold from 76m ~ maiden resource
expected in June Quarter 2010

Identified several new mineralised, laminated quartz veins
additional to main Julie and Collette mineralised structures
with rock-chip samples returning up to 6oz gold per tonne

Commenced new project-wide 40,000m RC and aircore
drilling campaign to increase interim Julie resource and
continue resources build-up

Advanced Feasibility Study - on track for completion by end
of 2010 - appointed dedicated Study Manager and key subconsultants
and contractors

Completed acquisition of licences covering Julie and
Collette deposits

“Passing the important one million ounce resource milestone is a
tremendous development and highlights the outstanding exploration
upside within our extensive 3,100 square kilometre licence area of which we have only realistically explored in any detail less than 10%”
...

[ambrosio]

D&D weekly update


...
It's all about precious metals

So why does all this matter to Australian resource investors? Well investors are selling out of Euro denominated assets, and buying into 'safe assets'. This includes the US dollar (why, oh why...), along with (the much smarter choice of) precious metals.

So gold is on the move again and has hit a new nominal high of US$1242 this week. Silver is at a two year high of US$19.64, and platinum is back within a whisker of its twenty month high of US$1752.

These big jumps are a short-term reaction, but the implications of the inevitable inflation in one of the world's reserve currencies will play out for years. We have always been bullish precious metals here at Diggers and Drillers, but the ECB's recent move is a game changer. Precious metals are now looking stronger than ever.

Anticipation of an upwards revision of long-term precious metals forecasts was behind our re-recommendation of three precious metals stocks Azumah resources (ASX:AZM), Gryphon Minerals (ASX:GRY), and Nkwe Platinum (ASX:NKP) to you earlier this week.

Gryphon and Azumah have already announced good drilling results since then, in both cases from new prospects. The West African gold sector is running hot. Indeed the entire gold sector has jumped spectacularly this week. The gold stocks within the 500 that make up the All Ords Index are used to calculate the All Ords Gold Index which is now up around 8% since Monday morning.

I would admire anyone who attempts to be bearish on precious metals at the moment, particularly at a time when the IMF is selling the rest of its 200 tons of gold. These sales historically lead to a jump in prices.


How high could gold go? We will see. QB Partners, the fund managers, had a crack at calculating its intrinsic value 18 months ago by dividing the total Fed liabilities (US$2.5 trillion) with the official amount of Fed' gold holdings (8100 tonnes).

The figure came in at US$9500!

However this figure assumes total collapse of the dollar, and reversion to the gold standard. It is a worst case scenario price. But as the currencies of the world unravel, this number may increasingly become the gold price's centre of gravity as its drawn higher.

Yet it should be pointed out that these stats are 18 months out of date, and the Fed's official liabilities are much higher now, suggesting a far higher intrinsic value. If you then use the Fed's unofficial liabilities for the calculation then you could at least add a zero to the figure!

I also admire anyone trying to be bearish about the future of platinum group metals prices right now. As a precious metal during an inflationary phase, and as a small market with over-riding demand coupled with a limited supply, it is hard to see a fall in prices in the long term, although anything is possible.
....

Rudd's shameless plunder tax (RSPT) - week two

The resource sector is still reeling from the proposed Resource Super Profits Tax, and mining executives have dug in their heels for a good fight. BHP' Marius Kloppers criticised Canberra saying the tax would threaten Australia's reputation for having a stable regime. Overseas companies such as X-Strata which employ around 5,000 people in Australia see the tax as rocking the boat. Without future certainty in the fiscal regime it is pulling out of large scale copper exploration projects in Queensland.

X-Strata's move is testament to what the industry thinks of the proposed 30% exploration credit. It's like offering you a Tim-Tam to get you to the guillotine. The global exploration budget is not unlimited and the competition between regions is fierce.

Australia's share of the global exploration budget (for non-ferrous metals) has already fallen from 18% to just 12.5% in the last ten years. This puts us behind Canada with 16%, Africa with 15%, and Latin America with 26.5%. These funds are the seeds of the resource industry. A further fall in our share of the global exploration spend now would just serve to clip the entire industry's wings for the future. The Canadians have been particularly smug about Australia's potential own-goal.

The former head of The Minerals Council of Australia, David Buckingham, reckons that Rudd government still intends to get the tax through in its current form. I still think it highly unlikely that this tax will happen, and judging by the pickup in the Metals and Mining index this week, a few others have their doubts as well. At the very least, I expect the plan will be watered down.

I'm looking out for the results of the next political poll, and expect that it will have the capacity to move the markets when it is released. This is what we saw in the UK a few months ago. When the poll correctly predicted a hung parliament, the bottom fell out of Sterling. The entire currency fell, not just the markets. If a poll shows that Rudd has indeed cooked his goose, then I think we can expect to see the resource sector benefit.

I have received many amusing emails this week getting stuck into Rudd, and unsurprisingly not one email sticking up for him. This week's winner has to be the envelope full of bizarre photocopied pictures of Kevin Rudd in 'compromising positions'. You included no details, but you know who you are!

....

[ambrosio]

AMEC Investor Presentation
01jun10

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=493010

[ambrosio]

AZM hat nun 15mio A$ Cash in den Händen und damit weiteres 20 000m-Bohrprogramm für 2010 gesichert!

Probebohrungen auf Kunche, Bepkong, Julie und Collette wurden abgeschlossen. Ergebnisse sollen in den nächsten Wochen laufend veröffentlicht werden!


AZUMAH COMPLETES A$11.6M RAISING
TO GROW 1.1MOZ RESOURCE INVENTORY
North American institutions broaden share register
Results from recent drilling due soon

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=494883


Und ein informativer Beitrag aus dem HC:

AZM - Azumah Resources to my way of thinking, is a considerably undervalued Gold Stock in West Africa.

The Boardroom Radio Presentation that Stephen Stone gave last week at the Gold Coast Resources Showroom was one of the most enlightening and positive that I have heard for a long time.

Consider the PLUS UPSIDE after you Read / Listen to the presentation!

* EV lowest to peers

* Cash to drill the 100,000m programmed

* Comparative chart of peers and Steven Stone, himself, continually mentioned AMPELLA = See my post about AZM being undervalued by comparison to AMX.

* The Drilling results to come look very positive for AZUMAH

* Feasibility study appears to be well on track for release later this year.

Remember, AZUMAH is a couple of years BEHIND Perseus Mining in defining any resource base, as well as listing on the ASX two years after PRU = THINK comparison and do your own DUE DILIGENCE.

Yes!... I see only Upside Plus for this Goldie!

Fishhy

[ambrosio]

und weiter gehts mit sehr guten Ergebnissen.

Resourcen-Update steht auch ins Haus!

Encouraging Results Continue From Wa Gold Project

[ambrosio]

Encouraging Results
Continue From
Wa Gold Project


http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=503186

[ambrosio]

aus dem Proactive Investores


Monday, August 30, 2010
Azumah Resources looks to boost gold resources at Wa Project

Azumah Resources (ASX: AZM) has reported that drilling has extended the known mineralisation at its Julie and Collette deposits and confirmed a totally new zone of mineralisation to the south west of Collette, located within its Wa Gold Project in Ghana.

The discovery of more gold at the Julie deposit is paving the way for an increase in the deposits current 350,100oz resource. The Maiden resource estimate at the Collette deposit is nearing completion with recent drilling highlighting possible depth extensions.

Drilling confirms mineralisation in structure trending south west from Collette and there have been promising results from first pass drilling at Kjersti prospect.

Further announcements are imminent with more than 2,500 samples awaiting assay. In addition, a 20,000 line kilometre, high-resolution aeromagnetic and radiometric geophysical survey has been completed.

Stephen Stone, managing director, said the latest results would strengthen Azumahs push to increase the current 1.1 million-ounce resource and the development of an initial 70,000 ounces a year gold operation.

The Julie deposit continues to exceed our early expectations and there is every likelihood that this resource will be increased, Stone said.

A maiden resource is now being calculated for Collette and Kjersti is showing early promise.

At the eastern end of the Julie trend step-out RC drilling, targeting multiple north-south trending mineralised quartz veins intersecting the main east-west mineralised structure, identified shallow high-grade mineralisation.

This has added some 100m strike length to mineralisation outside the existing preliminary optimised pit shell. This drilling also confirms that the Julie mineralisation remains open along strike in this direction.

....

http://www.proactiveinvestors.com.au/companies/news/9664/azu…

[ambrosio]

nächste positive Nachricht

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=503690


More Gold Discovered Between Key
Kunche - Bepkong Deposits at
Wa Gold Project, Ghana

HIGHLIGHTS

[ambrosio]

Auszug aus der aktuellen D&D-Ausgabe

....
Azumah to drill 250,000 metres next year and develop its project

I also had a chat with Steven Stone, the MD of Azumah Resources (ASX:AZM) yesterday (in between coughing fits). The company has just raised $30 million to develop its 'Wa' project in Ghana, as well as really cranking up its drilling program. It has drilled 100,000 metres this year and now plans to cover 250,000 metres next year.

Azumah is in a hurry. Stone 'unashamedly wants to get it into production'. With a quarter million metre drilling program starting now, its development clearly does not come at the expense of exploration. The company has lined up an impressive team of people, including some of the most efficient drill teams in the region. With the number of gold hopefuls in West Africa to compete with, this is a solid achievement.

The 250,000 program will be from the two rigs there at present and a third arriving in January. The rain season has passed and the game is back on again. This target may seem lofty, but with well operated rigs on double-shift, it is quite achievable. It also has the right people driving the feasibility study. This is a good job as it is due in six months.

A target of two million ounces of mineable ounces of gold is realistic when the exploration program is complete, and production could well be as soon as 2013.

Most of the capital raising went to North American investors which is interesting. They know a good gold stock when they see one. Check out this report on the company website for a good run down on the state of play.

....

[ambrosio]

Bohrprogramm wird wieder gestartet.
100 000m bis Weihnachten, weitere 250 000m bis Juni 2011


Aggressive drilling campaign starts at
Wa Gold Project to grow 1.2moz
resource base


Drilling to target shallow, high-margin gold close to proposed
Kunche-Bepkong open pits and new discoveries

100,000m of drilling to be completed by Christmas and a further
150,000m by June 30, 2011

New geophysics highlights mineralised trends and new target
zones

Excellent opportunity for resource upgrades and new
discoveries throughout largely under-explored project

Strong news flow over coming months with first assays
expected within weeks

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=511722


Das sind doch gute Aussichten für die Zukunft!

[ambrosio]

Mining 2010 Presentation

Ein Auszug aus der Präsentation, welcher das Volumen des Bohrprogramms verdeutlicht.

....
70,000m to date in calendar 2010……..
Planning 2010 / 2011:

50,000m RC – New target investigations,
delineation, resource extension, site
sterilisation

50,000m RC – Resource to Reserve upgrade

5,000m Diamond Core – Geology and pit /
site geotechnics

145,000m aircore - Reconnaissance and
new target testing

‘One of largest commitments by any junior
gold explorer in West Africa’
....

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=512112

[Rainbowfu]

Schöne Aussichten, Volumen fehlt noch etwas, aber wenns kommt, kommt auch der Kurs :-)

[ambrosio]

Thoughts on Gold and Resources

Seite 13 ist interessant

http://www.zerohedge.com/sites/default/files/Dundee%20Wealth…

[ambrosio]

Gold's rise about much more than U.S. economic policy

While some may put gold's rise over the past several years as being a reflection of U.S. monetary policy, there's a lot more to it than that as the metal's fundamentals are changing.

Author: Jeffrey Nichols
Posted: Friday , 17 Dec 2010



http://www.mineweb.co.za/mineweb/view/mineweb/en/page33?oid=…

[ambrosio]

Interview mit Steve Stone

Azumah's Wa Gold Feasibility Study Progressing Rapidly - Steve Stone, Managing Director

Monday, 20 December 2010 3:00pm

http://www.brr.com.au/event/72532

[ambrosio]

Sehr positive Nachrichten und mehr wird folgen!!!

Multiple New Zones Discovered at Wa Gold Project

- Reconnaissance aircore drilling discovers promising new zone
of shallow gold mineralisation 2.5km south east of Kunche
deposit:
4m @ 1.44 g/t Au from 32m
and 4m @ 7.61 g/t Au from 44m

- RC drilling between the flagship Kunche and Bepkong deposits
also intersects new shallow gold zone:
17m @ 2.74 g/t Au from 30m (KRC 234)
17m @ 1.53 g/t Au from 19m (KRC231)

- RC drilling extends Bepkong mineralisation up to 150m beyond
preliminary pit limits:
6m @ 2.04 g/t Au from 36m (BRC182)

- Infill RC drilling confirms shallow thick gold zones at Bepkong:
17m @ 2.43 g/t Au from 19m (BRC197)

- Interesting base metal pathfinder geochemistry found in new
geological setting at Whuling prospect.

- Field team expanded substantially in line with increase in
exploration.

- Extensions to high resolution airborne magnetic and ground
based geophysical surveys scheduled to commence in early
2011.

- Strong results based news flow planned throughout 2011

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=521568
....
Azumah has completed over 30,000 metres of combined RC, diamond and aircore drilling since the commencement of the new season’s field activities in late September 2010. There are three drilling rigs presently on site (RC, aircore and auger) of which the RC and aircore rigs work double shifts. An additional two rigs (RC and auger) are scheduled to arrive early in 2011. Site staff, including the recruitment of an additional twelve

Ghanaian geologists, plus associated support infrastructure have been substantially increased accordingly.
The results presented in this release represent assays from the first batches of samples submitted for analysis, with more results expected to flow through shortly. Shareholders can therefore expect a steady stream of exploration results based news flow commencing early in 2011 and continuing throughout the year.

[ambrosio]

Virginia Considers Gold as Alternative Currency for When FED Breaks Down
By Jason Hamlin, on January 10th, 2011


In what could be the financial shot heard around the world, the state of Virginia is considering the establishment of a joint subcommittee to study whether the Commonwealth should adopt a currency such as gold or silver to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System.
...

WHEREAS, many widely recognized experts predict the inevitable destruction of the Federal Reserve System?s currency through hyperinflation in the foreseeable future.
...


http://www.goldstockbull.com/articles/virginia-considers-alt…

[ambrosio]

Heute aktuelle Präsentation erschienen

http://stocknessmonster.com/news-item?S=AZM&E=ASX&N=527983

Interessant ab Seite 24

Alles läuft nach Plan.
Bohrergebnisse sollten demnächst veröffentlicht werden.

Clarus Securities stuft AZM mit 1,35A$ ein. Das ergäbe ein Kurspotential von mehr als 100%.

[ambrosio]

Sorge um den Dollar

Utah macht Gold zum offiziellen Zahlungsmittel

Angesichts der ausufernden Staatsschulden misstrauen konservative US-Amerikaner ihrer Währung: Sie fürchten Inflation. In mehreren Bundesstaaten nutzen sie ihre Macht, um gegen die verhasste Zentralregierung in Washington und die Notenbank Fed vorzugehen.


http://www.ftd.de/finanzen/maerkte/:sorge-um-den-dollar-utah…

[ambrosio]

More High-Grade Results Underpin Wa Gold Project

14m exceeding one ounce a tonne at flagship Kunche deposit

Highlights:
Kunche infill drilling:
10m @ 2.03g/t Au from 64m (KRCD299) and
10.8m @ 3.66g/t Au from 156m
6.2m @ 4.74g/t Au from 121.6m (KRCD312)
12m @ 2.38g/t Au from 91m (KRC350)
20m @ 3.99g/t Au from 87m (KRC364)
14.1m @ 32.38g/t Au from 122m (KRCD378) incl
4m @ 80.8g/t Au from 131m incl
1m @ 170g/t Au from 131m and
6.8m @ 3.37g/t Au from 145.2m
24m @ 3.05g/t Au from 68m (KRC390#)
16m @ 1.89g/t Au from 132m (KRC395#)
16m @ 4.46g/t Au from 36m (KRC396#)
32m @ 1.24g/t Au from 56m (KRC397#)
12m @ 1.43g/t Au from 56m (KRC398#)

Bepkong infill drilling:
25m @ 4.24g/t Au from 95m (BRCD202) and
5.8m @ 2.03g/t Au from 135.2m and
6.7m @ 2.16g/t Au from 147m
39m @ 2.35g/t Au from 83m (BRCD203) and
12m @ 2.80g/t Au from 223m

Modelling of mineralisation to date has been very conservative

Robust mineralisation clearly extends well below current planned Kunche and Bepkong pit floors

Drilling to start soon at Julie deposit with expectation that the 350,100oz resource will be increased

New Whuling and Konne targets being advanced

103,000m of RC-diamond-aircore drilling and 1996 power auger holes completed since commencement of 2010-2011 field season

More than 13,000 drill samples in lab

http://azumahresources.createsend3.com/t/r/l/jymydy/jlduuhdt…

[ambrosio]

Antwort auf Beitrag Nr.: 41.324.864 von ambrosio am 06.04.11 06:23:25

Beitrag aus dem HC, der es auf den Punkt bringt!


WOW.... 2 very positive things have happened for AZM in the last 24 hours...

#1 - United Nations envoy to Ivory Coast says the conflict in the country is over and incumbent president Laurent Gbagbo will leave.

#2 - Azumah Resources Limited (ASX: AZM) is pleased to report that it has received more outstanding results from infill drilling at its flagship 1.2 million-ounce Wa Gold Project in north-west Ghana providing further confidence this will lead to a resource upgrade in coming months ... Read more@:
http://www.mineweb.com/mineweb/view/mineweb/en/...tail&pid=1…
________________

#1 is the BIG news.. the political unrest created political risk for investors which saw the SP slide back from the high 70's to the high 50's - Even in the midst of some excellent drill results. The dissapation of this risk through the restored stability in the region with the instalation of the rightful elected leader should see the SP power back to 80c+ on this news alone.


Now Factor in #2 and the further confirmation of outstanding infill drill results - and they are outstanding - and again this should be relfected solidly in the SP over the coming months. Not to mention the other inportant snippets of info included in the announcement that should see investors loading up for the outcome of the Feasibility Study due for completion mid-year. Coupled with the fact that AZM has plenty of funds to see out it's agressive drilling campaigne through the end of 2012... I mean really .. you can only imagine what might be proven up if they continue at this rate and this leads me on to #3 which I've not yet commented on here but sould play a huge part on margin moving forward and future hedge positions.

#3 POG - Price of Gold - Most experts are calling for between USD$2000 to $5000 by 2015 The vibe is that there is a big move to Gold and silver which you would already be aware of due to a heap of factors including those listed here: http://www.ehow.com/list_6523762_10-reasons-invest-gold.html
__________

The Planets are alligning for AZM and I feel it might leap over $1 before the start of the new financial year and where it goes from there is anyones guess after the feasibility study is revealed.. I suspect it will follow in the footsteps of other big Wa plays and we know what that means. With POG set to sore while the price of digging it up stays the same, you'll see some massive margins appreaing on Gold Miner ballance sheets - particularly to low cost producers as AZM is teeing up to be - so my advise to you is to buy a much fatter wallet and get your friends set early because the big boys are going to be all over this as you can see by the volume that went through today.

GYGT CHOMP

Cheers
Louie

[ambrosio]

Auszug aus dem D&D

...
Great results from Azumah Resources and Gryphon Minerals

Azumah's share price had been drifting down for the last three months like most gold stocks, despite good results last month. This week's results were excellent and the chart is now looking very bullish.

It's good to remember that the company has been working flat out on a huge drill program and is on its way towards a DFS soon. 100,000 metres of drilling has been done. There are now enough drill samples waiting at the lab to give the people at the Laboratory a nervous breakdown.

A resource upgrade should be around the corner. This recent announcement will be the first of many this year. And it looks like Azumah has just started its next leg up.
...

[ambrosio]

Interview mit Stephen Stone
Boardroomradio
07.04.2011


http://www.brr.com.au/event/78713

[CloudMOD [Mod]]

Für die aktuelle Diskussion enthistorisiert

[alles_wird_gut_ommm]

Im ASK und BID tummeln sich heute zumindestens schon einmal mehrere Millionen Shares, das ist schon ordentlich. Ich bin auf jedenfall dabei seit 08.05.2018, ich lasse mich mal überraschen wos hingeht.

[alles_wird_gut_ommm]

Freiwillige Barabfindung
für Ihr Wertpapier AZUMAH RESOURCES LTD (WKN A0HL4N)
Spätester Termin für Ihre Weisung: 29.10.2019, 10:00 Uhr
Abfindungspreis: AUD 0,028 je Aktie

Was haltet ihr aktuell von dieser Info?
Läuft da etwas bei Azumah?

[alles_wird_gut_ommm]

Erhöhung Abfindungspreis und Fristverlängerung
Abfindungspreis: AUD 0,033 je Aktie, also 5 Cent AUD erhöhung

Dann noch der Hinweis:
Die Direktoren der Azumah Resources Limited empfehlen
die Annahme des nachgebesserten Angebots.

Hört sich schon ein bisschen mit Druck an.
Hat jemand weitere Infos?