Resinco CP (RIN.TO) - Neustart mit langfristiger Erfolgsaussicht (Seite 93)

[Hanfy]

Antwort auf Beitrag Nr.: 43.054.462 von Hanfy am 18.04.12 12:54:30

WOF - Corporate Presentation
http://www.woulfemining.com/i/pdf/presentations/presentation…

Sangdong Project Next Steps

•Feasibility Study April 2012
•Closing by end-June 2012 of CDM$35,000,000
•Subsequent closing of Debt Financing
•Commencement of Mining in Q2 2012
•Completion of Concentrate Processing Plant by Q1 2013
•Completion of APT Production Plant in Q2 2013

[Hanfy]

Antwort auf Beitrag Nr.: 43.052.022 von Hanfy am 17.04.12 21:50:00

aus dem WOF-bullboard:

interview.
Profit792
4/17/2012 2:08:40 PM

In the following brief excerpt from the METALS AND MINING Special Report, expert analysts discuss the outlook for the sector and for investors.

Brian Wesson, President and Chief Executive Officer of Woulfe Mining Corp., has been an Engineer for 30 years and has extensive experience in the operation, design and construction of mines and process plants. He is a Fellow of the Australian Institute of Mining and Metallurgy and the Australian Institute of Company Directors. Mr. Wesson holds an MBA.

TWST: What is Woulfe Mining Corp.?

Mr. Wesson: Woulfe is a TSX.V-listed company, trading as WOF. We, Westech, looked around the world for opportunities and we found significant assets in South Korea, which is a good, low-cost mining destination that is low risk with good fiscal policy. There are no royalties, no export tax, and obviously, being in Asia, there are many other advantages in inputs to production such as low power costs, labor efficiency and cost of construction - all far more cost efficient than the West. The two projects we have in South Korea, one is Sangdong tungsten/molybdenum mine that operated for 40 years and was the world's largest tungsten mine and remains one of the largest. The TSX.V-listed company went through a change in management and board after a refinance two years ago. A PEA was carried out for Sangdong in April 2010, which showed that the project had substantial value of $462 million at a tungsten price of $25,000 per ton. Given the value, Woulfe decided to move as quickly as possible to production. A mine development license was acquired in June 2010, which allows Woulfe to mine and produce metals at Sangdong. The license further allowed the company to reopen the old mine to drill the ore bodies from underground and assess the nature of the mineralization. The PEA determined that there was 103 million tons at 0.35% WO3 in resource. Two drilling campaigns have been completed that have confirmed an indicated resource of 16.5 million tons at 0.45% tungsten and an inferred resource of 19.6 million tons at 0.45% WO3 above the valley floor in the top 25% of the ore body. As we are mining above the valley floor, it makes for cost-effective bulk mining of the three 10 meter-high veins with a strike of 1.2 km. Current modeling indicates that the breakeven operating cost will be about $170 per MTU - $17,000 per ton tungsten - and today, the price is $440 per MTU - $44,000 per toe. This gives good margins and strong economics, reinforcing the need to develop the mine as quick as possible.

TWST: Would you give us an idea of what the background markets are in terms of pricing and demand?

Mr. Wesson: We just came out of gold two years ago. We went into gold when gold price was $300 per ounce and reopened and developed the Vatukoula mine over 18 months, which saw a doubling in gold price. Considering various commodities, we liked tungsten as it had been resilient during the financial crisis, but fundamentals were good for future growth to around $30,000 per ton. We took control in late 2009, when the price was $180 per MTU, which is $18,000 per ton. Most of the market is controlled by China. They supply around 80% of all tungsten into the market. So the price of the commodity is controlled by China, and it is high, and that's very advantageous to China. It is not in China's interest to allow the price to fall and China is reducing export quotas by 15% per annum, banning new mines in China, and tungsten export is taxed. China is focused on value adding all there raw materials, especially tungsten after it was made a strategic metal. The tightening of the non-Chinese market is putting pressure on the toolmakers to seek supply in the coming years.

The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This special issue is available by calling [phone] or via The Wall Street Transcript Online.

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…


very very interesting article. check this out.
kyoung281
4/16/2012 8:56:01 PM

Found below article from the local newspaper named 'Gangwon Daily'.

The article says Sangdong mining is planning to advance the production as early as next month.

The original plan was to build APT plant before the actual mining but the company is now planning to mine and store them until the completion of the plant.

Hard to believe my own eyes....I don’t know where this came from…check the link to the article below…

http://translate.google.co.kr/translate?sl=ko&tl=en&js=n&pre…

With all those recent great news, I think there is possibility for IMC to offer a buy out instead of off-take. In one way another...IMHO, 30’s will be gone pretty soon.

Good luck everyone……..

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[Hanfy]

Lions Gate Metals adopts poison pill

2012-04-17 09:05 ET - News Release

Mr. Arni Johannson reports

LIONS GATE METALS ANNOUNCES PROPOSED SHAREHOLDER RIGHTS PLAN, APPOINTS CORPORATE SECRETARY

Lions Gate Metals Inc.'s board has adopted a shareholder rights plan agreement as summarized below. At the annual and special meeting, the shareholders will be asked to consider an ordinary resolution confirming and ratifying the rights plan. The rights plan will terminate unless the shareholders vote at the meeting to confirm its operation.

The rights plan has the following objectives: (a) to prevent creeping acquisitions of control; (b) to give adequate time for the board and shareholders to properly assess a takeover bid without undue pressure; (c) to provide the board and shareholders adequate time to consider the value of all assets of the company and for the company to undertake a value recognition program if necessary to demonstrate the value of one or more assets; (d) to provide the board time to consider value-enhancing alternatives to a takeover bid and to possibly allow competing bids to emerge; and (e) to ensure that shareholders of the company are provided equal treatment under a takeover bid. The rights plan is not intended to prevent takeover bids that treat shareholders fairly and has not been adopted in response to any proposal to acquire control of the company.

The company also announces that Christina Boddy has joined Lions Gate as corporate secretary, replacing Marion McGrath. Ms. Boddy is a member of the Canadian Society of Corporate Secretaries, and has worked with several public and privately held companies across varied industries. Lions Gate wishes to thank Ms. McGrath for her contributions to the company over the past two years.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:LGM-1947688…


Woulfe Mining to release Sangdong FS on April 24

2012-04-17 09:29 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING CORP. MOVING FORWARD IN SOUTH KOREA

Woulfe Mining Corp. is providing an update to shareholders.

The feasibility study is on schedule for release on Tuesday, April 24, 2012.
Sangdong is in discussion with prospective banks to obtain project financing. The debt financing is intended to provide all the necessary capital through the production with no dilution to existing shareholders.
The detail design drawings for the process plant have been completed and will be submitted to the appropriate Korean government authorities for final construction approval.
Woulfe welcomes Brian Burdett, project manager, on-site in Korea. Mr. Burdett is a metallurgist by training with an extensive 47-year background in tungsten and resources globally.
Sangdong has paid its contribution for the installation of two 10-megawatt power feeds to the minesite from different regional substations to allow for security of supply. The plan released by Korea Electric Power Corp. indicates the installation of the first 10 megawatts by October, 2012, and the second 10 megawatts by December, 2012.
Paste fill disposition and plant design were completed for reaching feasibility. The paste filling is important as it disposes of all tailings into the new and old voids behind mining of virgin blocks and reclamation, and stabilizes the mining areas which will be mined through a cut-and-fill method.
Resource drilling is continuing in the western block of the orebody 1,200 metres on strike from the main mine entrance. The eastern area of the upper section will be mined for the initial 12 years of operations.
Moody's upgraded South Korea from A1 to AA3 credit rating this month.
The ruling party in Korea has been re-elected with a vast majority in the congressional election held on the April 1, 2012. This is important for Woulfe as the government departments have worked with the company to move the project forward, visiting site and understanding all the parameters of mining.

Brian Wesson, chief executive officer of Woulfe, added: "We are now in a development phase and detail design is nearing completion at the Sangdong project. Woulfe is unique as we are completing our construction drawings in parallel with the feasibility study which allows us to move directly to construction. The company is well positioned with physical advantage in a low-risk, OECD country and we believe production from Sangdong in 2013 will bridge the current gap in the tungsten market. Woulfe is poised to move forward having a good asset and a large strategic partner that provides us with a great platform for success in our drive to be the world's largest tungsten producer outside China."

Background

Sangdong is one of the world's largest tungsten deposits with the longest history of supplying high-grade tungsten globally. Woulfe is bringing the project back to life using modern mining and processing technology. The project is unique as it will produce concentrates but also has a refinery to value add the product to be directly used by the tungsten manufacturing industry. The company's strategic partner IMC brings a strong balance sheet, process technology and a fixed market for 90 per cent of concentrate and refined product. It has taken Woulfe two years to bring the plan to final execution for shareholders when tungsten is above $40,000 per tonne.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-1947719…

[Hanfy]

Lions Gate Metals to map, sample, survey ROK Coyote

2012-04-05 08:19 ET - News Release

Mr. Paul Sarjeant reports

LIONS GATE METALS FILES NEW NI43-101 MINERAL RESOURCE UPDATE ON POPLAR DEPOSIT TO SEDAR; PLANS SPRING/SUMMER DRILL PROGRAM TO FURTHER EXPAND POPLAR & REGIONAL CU, AU AND AG TONNAGE AND GRADE

Lions Gate Metals Inc. has filed on SEDAR a new 2012 mineral resource update National Instrument 43-101 report for the Poplar deposit. The 2012 mineral resource update on the Poplar deposit, Omenica mining division, British Columbia, dated March 30, 2012, and written by G.H. Giroux, MASc, PEng, of Giroux Consultants Ltd., can be viewed in its entirety on SEDAR or downloaded from the company's website.

The report focuses on Lions Gate's phase-two drilling program on the Poplar property. Highlights of the report include a marked increase in the size of the mineralized resource (contained copper metal increased by 47 per cent) and the first inclusion of precious metals in estimation of the Poplar resource. At a 0.15-per-cent-copper cut-off, the property has a new indicated resource of 171.3 million tonnes grading 0.28 per cent copper (1.06 billion pounds), 0.008 per cent molybdenum, 0.08 gram per tonne gold and 2.30 grams per tonne silver (0.40 per cent copper equivalent), plus an inferred resource of 209.0 million tonnes grading 0.23 per cent copper (1.06 billion pounds), 0.004 per cent molybdenum, 0.06 gram per tonne gold and 3.62 grams per tonne silver (0.33 per cent copper equivalent) as reported Feb. 27, 2012. Sample density is now sufficient that a significant portion of the resource has been upgraded from the inferred to indicated category.

Recommendations from the report include drilling of holes dedicated to collecting samples for metallurgical testing, and redrilling of holes selected from the historical drilling to confirm copper and molybdenum grades. The redrilled (or twinned) holes will also provide greater sample density for gold and silver analyses. Additional holes will also be dedicated to further upgrading of resources from inferred to indicated and measured categories, and to expanding the deposit laterally and at depth. The goal of this work is to provide Lions Gate with a mineralized resource that may be converted into a reportable mineral reserve.

"Company geologists have steadily built the Poplar resource over the past year. The increased drill density and the geological model have increased the resource both in size and grade, particularly through the construction of precious metal models, and in removal of dilution from the estimates," says senior technical consultant, Peter L. Ogryzlo, MSc, PGeo.

"The inclusion of gold and silver estimates in the resource is of sufficient importance to reclassify the deposit from a copper-molybdenum porphyry to a copper-gold-silver porphyry. In addition, by converting a portion of the resource into the indicated category, the company is now in a position to define a mineral reserve, as outlined in the proposed work program of the report. Lions Gate hopes to increase confidence in their estimates by converting more of their inferred resources into indicated and measured. Metallurgical testing of the deposit beyond the historical work is also a necessary component in converting the Poplar resource into a mineral reserve."

Company president and chief executive officer, Paul Sarjeant, BSc, PGeo, confirms that 2012 should be an exciting year for shareholders: "We are of course thrilled that the report reflects our confidence in the Poplar deposit and its near- and long-term potential. The untold chapters of the expansive 77,705-hectare Poplar story remain the eight other high-potential copper-gold porphyry regional targets on the property. We are very anxious to get on the ground as early as possible this spring/summer to undertake early stage exploration on regional targets, culminating, ultimately, in first-pass drilling of the best targets. In addition, early this summer, we plan to undertake basic geological mapping, sampling and a deep IP geophysical survey on our 6,900-hectare ROK Coyote copper-gold project contiguous to Imperial Metals' Red Chris copper-gold property in northwest British Columbia. We hope to see diamond drilling there as well, before the snow comes."

The recommended $1.1-million phase-one (2012) Poplar deposit program comprises metallurgical testing of the deposit, and verification and upgrade of historic data by redrilling 10 holes to 300-metre depths in the Main and East zones. Subject to anticipated positive results, a phase-two program of diamond drilling is recommended in follow-up. That program and associated financing requirements are outlined in the report.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:LGM-1945060…


Teslin River's president, CEO Burgess resigns

2012-04-05 09:10 ET - News Release

Mr. John Icke reports

TESLIN RIVER RESOURCES CORP. RECEIVES RESIGNATION OF JOHN BURGESS

Teslin River Resources Corp. has received and accepted the resignation of John Burgess as president and chief executive officer effective immediately.

"We wish John all the best in his future endeavours and would like to thank him for his service and contributions to the company," stated executive chairman John Icke, who will assume the role of interim chief executive officer until further notice.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:TLR-1945099…

[Hanfy]

Woulfe Mining Corp. Reports Strong Drilling Results at Sangdong

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 3, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT: OZ4) is pleased to announce the first set of assay results for the current drilling program at Sangdong tungsten/molybdenum project in South Korea. Drilling from underground locations at Sangdong is continuing and the results will be used to progressively update the Resource estimate.

This batch of assay results comprises 16 holes, of which 14 were drilled from Sangdong Level and two were drilled from Level 1. The holes were mostly of 50 metres length targeting the Footwall Zones between Level 1 and Taebaek Level. Two holes tested the Main Zone towards the eastern margin of the deposit.

Significant Footwall Zone intersections include 3.9 metres true width at 0.81% WO3 (WSDD0079) and 7.1 metres true width at 0.54% WO3 (WSDD0046). The only significant Main Zone intersection was 6.9 metres true width at 0.50% WO3 (WSDD0091).

The significant drilling results are summarised as below:

[...]

http://www.marketwire.com/press-release/woulfe-mining-corp-r…

[Hanfy]

Cue Resources delists from the TSX-V

2012-04-02 16:24 ET - Shares Delisted from TSX-V

The TSX Venture Exchange has accepted for filing documentation in connection with a plan of arrangement to be conducted under the provisions of the Business Corporations Act (British Columbia) pursuant to the terms of an arrangement agreement dated Jan. 20, 2012, between Cue Resources Ltd. and Uranium Energy Corp. Upon completion of the arrangement, UEC will acquire all of the issued and outstanding Cue shares, and Cue will become a wholly owned subsidiary of UEC. As a result of the arrangement, each Cue shareholder (other than a dissenting shareholder) will receive 0.0195 of one UEC share for each Cue share held.

The exchange has been advised that approval of the arrangement by shareholders of Cue was received at a special meeting of the shareholders held on March 26, 2012, and that approval of the arrangement was received from the Supreme Court of British Columbia on March 28, 2012. The full particulars of the arrangement are set forth in Cue's management information circular dated Feb. 23, 2012, which is available under Cue's profile on SEDAR.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:CUE-1944052…


Uranium Energy Corp. Announces Share Offering

2012-04-02 16:02 ET - News Release

CORPUS CHRISTI, TEXAS -- (MARKET WIRE) -- 04/02/12

Uranium Energy Corp. (NYSE Amex:UEC)(FRANKFURT:U6Z) (the "Company") is pleased to announce that it intends to offer and sell to the public in the United States and Canada an aggregate of up to 5,560,000 shares of its common stock, $0.001 par value per share (each a "Share" and, collectively, the "Shares"), at a negotiated price of $3.60 per Share for gross proceeds of up to $20,016,000, before deducting placement agents' fees and estimated offering expenses (the "Offering").

The Company is offering and selling the Shares pursuant to an agency agreement dated April 2, 2012 between the Company and a syndicate of placement agents with Dundee Securities Ltd. acting as lead placement agent and sole bookrunner in connection with the proposed Offering. The syndicate of placement agents includes Global Hunter Securities LLC, CIBC World Markets Inc. and Haywood Securities Inc. The Company has granted the placement agents an option, exercisable in whole or in part, at the sole option of Dundee Securities Ltd., on behalf of the placement agents, at any time up to 30 days following the closing of the Offering, to place up to an additional 15% of the Offering (that is, an additional 834,000 Shares), at the same Offering price.

The Company anticipates that the net proceeds from the Offering will be used to fund exploration and development expenditures at the Company's projects and for general corporate and working capital purposes.

The Shares are being offered by the Company pursuant to a prospectus supplement to the Company's effective shelf registration statement on Form S-3 (File No. 333-176406) previously filed with the Securities and Exchange Commission (the "SEC") and pursuant to a prospectus supplement to the Company's shelf prospectus filed with certain Canadian regulators in each of the provinces of Canada, except Quebec, pursuant to the multi-jurisdictional disclosure system.

Copies of the prospectus supplement and accompanying base prospectus relating to the Offering may be obtained from the SEC website at http://www.sec.gov, from the System for Electronic Document Analysis and Retrieval website at http://www.sedar.com or from the lead placement agent at:

Dundee Securities Ltd.
Suite 2000, Dundee Place
1 Adelaide Street East, Toronto, Ontario, M5C 2V9
416 849 7887

http://www.stockwatch.com/News/Item.aspx?bid=U-i779362001-U%…

[Hanfy]

Woulfe Mining's Sangdong Project NI43-101 Update of Resources-Tungsten Grade Below Level 3 Increased by 47% and Molybdenum Grade by 34%

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 2, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT: OZ4) is pleased to announce that Tetra Tech Wardrop (Tetra Tech) have completed an update of the Mineral Resources for Woulfe's Sangdong Tungsten Molybdenum project in South Korea.

The NI43-101 report for the Sangdong Project resource was released today containing new information:

Upper section (above level 3) indicated tungsten resource as reported increased by 195% (2.7 times excluding hanging wall ore body)
Upper section (Above level 3) Inferred resource increased 2%.

Even with the significant increase in indicated resource above the valley floor the inferred in the same area increased by 2% which gave an overall increase in resources of 47% for the upper section.

Lower area below level 3 was modelled giving the higher level of understanding of the mineralisation and the tungsten grade increased by 47% and molybdenum grade 34% which is understandable as we approach the historically drilled high grade molybdenum modelled by KORES below the skarn mineralisation.

Summary

Following completion of the phase 2 drilling and further historical data compilation at the Sangdong mine in South Korea, Tetra Tech has completed a further update of the Mineral Resources. The Resource for the skarn mineralised zones is summarised in Table 1. It is important to note that the Indicated Resource does not include the hanging wall zone, as further work is needed to fully appreciate the stability for mining after the main and footwall have been mined. The Resource given in Table 1 represents the whole of the known dip length, split broadly into two zones; that above the historical - level 2, and the resources from - level 2 down dip. Woulfe is continuing to drill and explore within the accessible working areas to refine the Resource.

In order to estimate the down-dip resource potential at the Sangdong Project, presented in Table 1, Tetra Tech has completed a separate estimation of the down-dip resource using all available samples, including those samples which cannot be included in the up dip 'Indicated' Resource. Due to some uncertainties of the historic data, the Resource has been classified as 'Inferred' but is included in order to reconcile the current and previous Tetra Tech estimates and to indicate future potential at Sangdong. Upgrading of the resource category may be realised by continued exploration drilling and by further collection of well documented samples as has been the case with the Phase 1 and Phase 2 drilling in the upper portions of the mine. This estimate is based on geological and mining data not previously available to Tetra Tech to better define the mineralisation geometry compared with previous estimates.

[...]

http://www.marketwire.com/press-release/woulfe-minings-sangd…

[erti]

Antwort auf Beitrag Nr.: 42.983.994 von Hanfy am 31.03.12 13:58:23

danke dir hanfy

[Hanfy]

Antwort auf Beitrag Nr.: 42.983.960 von erti am 31.03.12 13:40:40

CUE wurde von UEC übernommen. CUE existiert damit nicht mehr:

Zitat von Hanfy: Cue's common shares have ceased trading on the TSX Venture Exchange and will be delisted.

für jedes CUE share gibt es 0,0195 UEC-shares. da ich davon ausgehe, dass RIN die warrants eingelöst hat, siehe posting vom 27.03.:

Zitat von Hanfy: für RIN wären das inkl. warrants 24,1mio CUE-shares x 0,0195 UEC-shares = 471.675 UEC-shares x 4,07USD / share (=4,045 CAD) = 1,9 mio CAD

[erti]

Antwort auf Beitrag Nr.: 42.983.861 von Hanfy am 31.03.12 12:54:29

auch so hanfy .


woulfe ist der macher hier.

was hat es mit cue und uranium auf sich ?

kann mirdas jemand erklären ?