Resinco CP (RIN.TO) - Neustart mit langfristiger Erfolgsaussicht (Seite 98)

[Hanfy]

Antwort auf Beitrag Nr.: 42.823.554 von Hanfy am 29.02.12 09:33:06

interview mit brian wesson:

Commodities : February 29, 2012 : Why Buffett likes Tungsten [02-29-12 11:50 AM]
http://watch.bnn.ca/commodities/february-2012/commodities-fe…

[Hanfy]

[Hanfy]

Warren Buffett makes first investment in S. Korean mines
2012.02.28 17:56:02 | 2012.02.28 18:15:27

South Korea’s Sangdong Mines - located in Yeongwol-gun, Gangwon Province and also known as the largest tungsten reserve in terms of size - will be reopening after 20 years of abandonment as it is injected with an $80 billion investment.

The Iscar Metalworking Companies (IMC), an Israel-based metal processing company, inked an investment contract worth $70 million (roughly 79 billion won) with Sangdong Mining, said Yeongwol-gun and sources in the mining industry Tuesday. The IMC group is owned 80 percent by Warren Buffett, known to be the wealthiest and most successful investor in the world.

A review last month by Wardrop, a mining exploration and feasibility assessment agency, estimated the upper levels of the mines to hold roughly 16.43 million tons (t) of the mineral, with a potential additional capacity of 19.37 million t. Earlier in 2007, Canadian exploration company Oriental Minerals (OTL) estimated the value of tungsten and molybdenum reserves at the Sangdong Mines at $60 billion. Furthermore, the upper levels of the mines offer copious reserves that could sustain 10 years of mining activities, say industry sources.

The Sangdong Mines’ heyday was in the 1960s and 1970s, when the mined products accounted for up to 70 percent of Korea’s outbound exports. The opening of the Chinese market in 1980s caused the tungsten prices to tumble, however, and the mines were forced to close in 1994 due to low margins. Recently, the swift pace of industrialization in developing economies has driven up demand for tungsten, while the decision by China (responsible for 80 percent of global tungsten supplies) to reduce its tungsten export quota allowed prices to rise, making the mines a feasible venture for investment.

[Written by Seok-woo Chung - Samji Chung / edited by Soyoung Chung]

http://news.mk.co.kr/english/newsRead.php?sc=30800001&cm=Top…


Woulfe to hold conference call about IMC on March 1

2012-02-28 16:39 ET - News Release

Mr. Brian Wesson reports

CONFERENCE CALL NOTIFICATION

Woulfe Mining Corp. will be holding a conference call on Thursday, March 1, 2012, to discuss the press release from Feb. 28, 2012, regarding agreements with International Metalworking Companies BV (IMC). The company will also update investors and stakeholders with a new presentation of the company's plan for the future.

Brian Wesson, chief executive officer and president, will be hosting the call.

Date: Thursday, March 1, 2012

Time: 11 a.m. Eastern Standard Time

Dial-in number: 201-689-8033 international or 877-407-8033 toll-free

At the end of the presentation, there will be a question-and-answer session available via webcast only.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-1931042…

[freeryder]

ich glaube bei den woulfeanern hat noch gar niemand realisiert dass es sich wohl um eine tochtergesellschaft handelt (siehe organigramm seite 5 von jan.12 woulfe präse.)...aslo um ein jv mit imc!!!somit sollte es dann mit muguk und yeonwha weitergehen,oiiii.
morgen ist ja ein ccn,
glta

[reyjr]

Ich bin immer noch verwundert wo sind die fast 20 millionen hin die letztes Jahr um diese Zeit noch im Depot waren von Resinco, NKL ist raus aber wo ist das Geld?
Die einzigen grossen Unterschieden von den noch vorhandenen Positionen sind bei CUE und Terreno, fast aber keine 5Mio. ausmachen ?!

Theoretisch müssten wir fast auf Vorjahresniveau sein....

[Hanfy]

Woulfe Mining Corp. and International Metalworking Companies Execute Strategic Agreements

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 28, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT: OZ4) is pleased to announce that Woulfe and its 100%-owned tungsten/molybdenum South Korean subsidiary, Sangdong Mining Corporation ("Sangdong"), have entered into agreements for a strategic arrangement with IMC International Metalworking Companies B.V. ("IMC") and certain of IMC's affiliates.

The closing of the transaction is subject to customary closing conditions, including the satisfactory conclusion of due diligence by IMC, the receipt of applicable regulatory approvals and other matters set forth in full in the relevant agreements. The basis of the strategic arrangement is as follows:

IMC will immediately advance CDN$5 million to Sangdong, pursuant to a loan agreement, for purposes of project advancement pending the closing of the transaction;
IMC has agreed to acquire a 25% interest in Sangdong for cash consideration totalling CDN$35 million;
Woulfe and IMC have agreed to jointly establish a Korean company ("APT JV"), which will be owned 45% by Woulfe and 55% by IMC. The parties will invest up to CDN$15.75 million and CDN$19.25 million, respectively, into the APT JV to build a facility in Korea for the processing of tungsten concentrate to be purchased from Sangdong into tungsten APT. IMC has agreed to make available to Woulfe a loan for Woulfe's portion of the APT JV investment;
The APT JV has agreed to acquire no less than 90%, and up to 100%, of Sangdong's tungsten concentrate production pursuant to an off-take agreement, which will be guaranteed by IMC;
IMC has agreed to acquire no less than 90%, and up to 100%, of the APT JV's available APT production pursuant to a separate off-take agreement.

Comment from Brian Wesson, CEO of Woulfe:

"We are excited and honoured to have concluded our negotiations for the strategic alliance of the Company with IMC. We believe that working with one of the world's largest tungsten end users, which has operations in Korea as well as throughout the world, is extremely beneficial for Woulfe Mining Corp. and all of the Company's stake holders who have supported us over the last two years.

"The strategic arrangement brings funds immediately into Sangdong to allow the project to be advanced beyond design and begin development in the spring, by providing for an initial CDN$5 million to be injected into the project immediately in the form of a loan.

"Subject to customary closing conditions, including the satisfactory conclusion of due diligence by IMC, the receipt of applicable regulatory approvals and other matters set forth in full in the relevant agreements, IMC will invest a further CDN$35 million in equity to acquire 25% of Sangdong and will invest up to a further CDN$19.25 million into a new Korean joint venture with the Company. The joint venture will design and build a tungsten APT manufacturing facility and will be owned jointly by Woulfe and IMC, 45% and 55%, respectively. Subject to the terms of the relevant agreements, Woulfe will have the option to finance its 45% ownership of the APT joint venture through an up to CDN$15.75 million loan, to be made available to Woulfe by IMC, which may be repaid in tungsten concentrate produced by Sangdong. Alternatively, Woulfe may inject equity directly into the new APT joint venture without taking any loan from IMC.

"A key component of the transaction is that IMC has agreed to purchase a guaranteed minimum quantity of 90% of the tungsten product produced by the entities. I expect the security of this arrangement to significantly support the Company's ability to secure additional financing for the tungsten project. The agreements with IMC also provide IMC the option to offer the Company additional financing in connection with the project."

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

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




http://stockcharts.com/freecharts/gallery.html?WOF.V

[rotie1]

Gestern haben einige Schlaue in Kanada ordentlich zugelangt bei Resinco, da Woulfe ja ausgesetzt ist. Man sollte mal die Charts der beiden übereinanderlegen. Sie sind immer gleich gelaufen, nur in den letzten Monaten hat Resinco eine Menge Nachholbedarf ausgebildet. Da ich viele gute Neuigkeiten bei Woulfe in den nächsten Wochen erwarte, wird Resinco meiner Meinung nach sicher aufholen ...

[Hanfy]

[Hanfy]

IIROC: Halt, Woulfe Mining Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 27, 2012) - The following issues have been halted by IIROC / L'OCRCVM a suspendu la négociation des titres suivants :

Company / Société : 		Woulfe Mining Corp.



TSX-Venture Symbol / Symbole à la Bourse de croissance TSX : 		WOF

Reason / Motif : 		At the Request of the Company Pending News / À la demande de la société en attendant une nouvelle

Halt Time (ET) / Heure de la suspension (HE) 		At the open

http://www.marketwire.com/press-release/iiroc-halt-woulfe-mi…


Woulfe Mining drills 3.9 m of 1.04% WO3 at Sangdong

2012-02-17 09:07 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING REPORTS DRILL RESULTS FOR THE SANGDONG DRILLING PROGRAM

Woulfe Mining Corp. has provided assay results for three batches of samples associated with the drilling program at Sangdong. The results for the drilling completed during 2011 will be used in the calculation of the feasibility study resource estimate. Drilling from underground locations is continuing at Sangdong.

This batch of assay results comprises 17 holes, of which eight were drilled from Taebaek level mostly to test the Main zone, and nine were drilled from Sangdong level mostly to test the Footwall zones. Three of the holes encountered poor ground conditions and were abandoned prior to hitting the target.

[...]

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-1927794…


Mesa Exploration begins Moonshine rotary drill program

2012-02-22 10:46 ET - News Release

Mr. Foster Wilson reports

MESA EXPLORATION COMMENCES DRILLING PROGRAM AT MOONSHINE SPRINGS URANIUM PROJECT

Mesa Exploration Corp.'s rotary drilling program has commenced at the 100-per-cent-owned Moonshine Springs uranium project in northwestern Arizona. Mesa intercepted 7.5 feet of 0.21 per cent triuranium oxide in drill hole M1 and four feet of 0.47 per cent triuranium octoxide in drill hole M2 at 630 feet, as previously announced. The current drilling program will test for extensions of this uranium mineralization and geochemical targets identified in previous sampling programs. Results from the drilling program are expected in three weeks.

Uranium exploration at Moonshine Springs in the 1980s by Pathfinder Mines and Exxon Minerals led to the discovery of a four-million-pound U3O8 deposit. The deposit is located within two miles of Mesa's project and is owned by Dennison Mines.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:MSA-1928783…


Mesa's report recommends 40-hole program at Bounty

2012-02-16 13:57 ET - News Release

Mr. Foster Wilson reports

MESA EXPLORATION FILES NI 43-101 TECHNICAL REPORT ON THE BOUNTY POTASH PROJECT

Mesa Exploration Corp. has filed on SEDAR an NI 43-101 technical report on the Bounty potash project in the Great Salt Lake Desert of western Utah. The report was prepared in accordance with the guidelines of NI 43-101 by independent consultant and qualified person Dana Durgin. In addition to the property ownership, physiography and regional geology, Mr. Durgin reviewed the technical aspects and potential of the project.

In the report, Mr. Durgin stated: "From his review of the available data, it is apparent to the author that there is a substantial potash resource present at the Bounty project. As shown by the drilling, sampling and mapping done by Quintana Petroleum, the U.S. Geological Survey and the Utah Department of Natural Resources in the area, the geologic and hydrologic setting is directly analogous to that at Intrepid Potash's operation in the Bonneville salt flats 25 miles to the south. The size of the drainage basin is somewhat smaller, but dissolved solid (potassium chloride, sodium chloride, magnesium chloride) contents of the brine are quite similar."

[...]

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:MSA-1927524…


Galena Capital receives $100,000 bridge loan

2012-02-21 09:56 ET - News Release

Mr. Craig Lindsay reports

GALENA CAPITAL CORP. ACQUIRES BRIDGE LOAN

Galena Capital Corp. has received a loan in the amount of $100,000, bearing interest at the rate of prime plus 4 per cent per annum, for working capital.

In consideration of the loan, the company will issue to the lender 400,000 common shares at a deemed price of five cents per share. In accordance with securities legislation currently in effect, the shares will be subject to a hold period of four months plus one day from the date of issuance.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:FYI-1928334…


Salmon River renews contract with IR firm

2012-02-22 17:42 ET - News Release

Mr. James Stewart reports

SALMON RIVER RENEWS INVESTOR RELATIONS AGREEMENT

Salmon River Resources Ltd. has renewed its agreement with Investor Cubed Inc. (ICI) to provide investor relations and shareholder communications services March 1, 2012. ICI's primary responsibilities will be to manage communications on behalf of Salmon River with investors, investment advisers, research analysts and other investment professionals.

ICI will provide its services on a consulting basis pursuant to an investor relations consulting agreement dated March 1, 2012, pursuant to which it will receive consulting fees totalling $5,000 per month for a term of six months, financed from Salmon River's working capital. In addition, ICI has been granted options to purchase 150,000 shares of Salmon River at a price of 40 cents (30 cents) per share until March 1, 2017. The options will vest quarterly and will be governed by the provisions of Salmon River's stock option plan, provided however, and subject to regulatory approval, that if Salmon River is subject to a takeover resulting in a change of the controlling interest in Salmon River, any unvested options shall vest immediately.

About Investor Cubed

ICI is a Toronto-based consulting firm that provides specialized investor relations and business consulting services to a select group of leading emerging and mid-capitalization public companies. ICI has an established national network of financial industry professionals including investment advisors, bank-owned investment dealers and leading independent financial firms. In addition, ICI introduces and manages national on-line and off-line marketing initiatives. ICI does not presently own any shares of Salmon River but may in the future acquire shares of Salmon River for investment purposes.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SAL-1928953…


Lions Gate's Poplar at 171.3 Mt of 0.28% Cu indicated

2012-02-27 08:00 ET - News Release

Mr. Paul Sarjeant reports

LIONS GATE METALS ANNOUNCES A 47% INCREASE IN COPPER AND ADDS SIGNIFICANT GOLD AND SILVER RESOURCE AT POPLAR

Lions Gate Metals Inc. has released the results from the updated resource estimate for its 100-per-cent-owned, 196-claim, 77,705-hectare Poplar copper-gold-silver porphyry property, located in west-central British Columbia. Just six months after the company announced an NI 43-101 resource estimate of 1.4 billion pounds copper for the property, it has completed a very successful 29-hole, 10,914-metre phase two drill program, which increased overall confidence in the resource numbers, upgraded a portion of the deposit from inferred to indicated status, and introduced compelling gold and silver values.

At a 0.15-per-cent Cu cut-off, the property has a new indicated resource of 171.3 million tonnes grading 0.28 per cent Cu (1.06 billion pounds), 0.008 per cent molybdenum, 0.08 gram per tonne Au and 2.30 g/t Ag (0.40 per cent copper-equivalent), plus an inferred resource of 209.0 million tonnes grading 0.23 per cent Cu (1.06 billion pounds), 0.004 per cent Mo, 0.06 g/t Au and 3.62 g/t Ag (0.33 per cent Cu-eq). These resources are a significant increase from the initial inferred resource estimate of 245.89 million tonnes grading 0.23 per cent Cu (1.4 billion pounds) and 0.006 per cent Mo, released on Aug. 23, 2011.

"These tonnage and grade numbers confirm the confidence we had in the property from the outset, and we are very pleased to share the results with shareholders," says Lions Gate president and chief executive officer, Paul Sarjeant. "The increased tonnage is quite significant, made even more so by the favourable economics of contained gold and silver, near-surface mineralization, and the strategic advantages of our location within an established mining district. The property is displaying the requisites of a viable copper operation with considerable size and grade, and impressive added value in precious metals."

The mineralization remains open to the north, east and to depth, and additional exploration is being planned to further define the limits of the Poplar deposit and upgrade portions of the resource to the measured category.

[...}

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:LGM-1930021…

[Hanfy]

moin,

war paar tage im urlaub. schau mal kurz was noch für news anstanden und poste mal ein portfolioupdate. sieht ja bisher ganz gut aus..