Inter-Citic Minerals Inc. is a gold exploration: china - 500 Beiträge pro Seite

[dosco12]

TICKER: TSX:ICI

DESCRIPTION: Inter-Citic Minerals Inc. is a gold exploration company developing the Dachang Gold Project—one of China's largest undeveloped gold resources. Results of a scoping study released June 6, 2009, demonstrate positive economics for an open-pit mine. At US$750/oz gold, Dachang is estimated to generate an after-tax IRR of 40% and an after-tax project NPV of US$200M at a 5% discount rate.

Watch corporate Video and project overview

Watch interactive 3D drill-hole visual presentation


WEBSITE: http://www.inter-citic.com


The information provided below is based on the most recent information we have received from analysts, newsletters and other contributors to Streetwise Reports' The Gold Report or The Energy Report. We encourage you to visit the company's web site and call the company for more specifics on this company before you decide to invest.

Related Quotes
Catherine Gignac, NCP Northland Capital Partners (08/20/10)
"Price target increased to $2.45 from $2.20. . .ICI is advancing its Dachang Gold Project in China toward feasibility. We believe ICI presents an excellent opportunity to invest in a potentially high‐return, low‐cost gold project in China—the world's largest gold-producing country. Due to the scarcity of large global mines, the project could be attractive for a company already working in the region, a new entrant or a Chinese company. The share price currently reflects a discount to our development project.

NPV estimate of $2.43/share, which only incorporates 57% of all resources in the mine plan. Additionally, the shares currently do not reflect the value for inferred resources being upgraded with infill drilling and the blue‐sky exploration potential on identified mineralized zones."

Luke Burgess, Wealth Daily (08/13/10)
"Inter-Citic Minerals is rapidly advancing its 83%-owned Dachang Gold Project in Western China. A recently published NI 43-101-compliant update estimates Dachang ct contains 1.88 Moz. gold in the M&I category and 1.51 Moz. in the Inferred category.

Inter-Citic continues to advance the feasibility and permitting processes for the Dachang mine. The company's success has already attracted the attention of major mining investment firms, including the Zijin Mining Group—China's largest gold producer with over 2.5 Moz. annual output. With a market cap of over $20B, Zijin recently acquired 19.15% of Inter-Citic."

The Gold Report Interview with Brien Lundin (06/18/10)
"Well, Inter-Citic Minerals keeps putting out positive news releases. They just keep finding more gold. Their Dachang project is enormous. "They've explored only a fraction of it so far and I believe their drilling hit ratio approaches 95%. One of the important things they've done on the corporate front recently is bringing in major financing from a local Chinese gold company. Combining this with their large shareholding by another local—and powerful—Chinese group, it seems that this project is very likely to make its way into production.

While working toward production, I think they're also looking at ways to maintain the exploration upside for shareholders. Dachang has evolved into a development project and they're getting all those ducks in a row to bring that project forward to mine it. But huge swaths of their property position, where they are finding very similar mineralization, are underexplored. The company wants to preserve that upside potential for investors as well as the steady development potential of Dachang as a gold project. So while Inter-Citic's had a good run in the share price, tremendous upside potential remains. I couldn't be more positive about it."
View Entire Article: Brien Lundin: Gold's (Almost) Free at Last

Catherine Gignac, NCP Northland Capital Partners (05/03/10)
"EVENT: Strategic 19.2% equity position acquired by Chinese producer injects $18.6M to help finance feasibility study for the Dachang Project.

Raising price target to $2.20/share. NAV raised 17% to $1.77/share from $1.51/share. P/NAV multiple raised to industry comparable 1.25x from 1.00x to reflect underlying financial support and lower perceived development risk. NAV reflects increase to cash and shares outstanding from recently completed private placement with Zijin Mining Group (2899‐SEHK), and higher gold price forecast of US$850/oz from US$800/oz in line with trailing annual average.

. . .Inter‐Citic Minerals controls the Dachang Project, is well-financed as it advances the Project through feasibility and has a large property with excellent regional exploration upside.

THESIS: Opportunity to invest in a potentially high‐return, low‐cost gold project in China with exploration upside. Strategic local partners and shareholders provide technical and financial support."

Haytham Hodaly, Salman Partners Inc. (04/19/10)
"Late last week, the company announced that it raised Cdn$18.6 million through a private placement made by strategic investor, Zijin Mining Group Co., Ltd.

Note that we have switched to US$50 per ounce for the in-situ valuation portion, which is in line with what we have applied to other similar stage projects. This revision can also be attributed to the recent investment by Zijin, which gives validation to the project and recognizes the quality of the work completed to date and the future potential of this project (and region).

We maintain the same valuation methodology as utilized previously, utilizing an equally weighted average of the following:
an in-situ valuation of US$50 per ounce of resource, incorporating our expectation of the resource expansion potential of the property—yields a Cdn$2.25 per share target price;
70% of our estimated NAV of the company, using a 5% discount rate—yielding a Cdn$1.46 per share target.
The combination of these valuation methodologies results in a 12-month target price (rounded) of Cdn$1.85 per share (up from Cdn$1.65 per share previously). We continue to recommend Inter-Citic Minerals as a SPECULATIVE BUY."

[dosco12]

heute ein wenig aufgeholt...

notiert unter der substanz (NAV)... man kann bei ICI eigentlich NICHTS falsch machen ...


dosco


Catherine Gignac, NCP Northland Capital Partners (08/20/10)
"Price target increased to $2.45 from $2.20. . .ICI is advancing its Dachang Gold Project in China toward feasibility. We believe ICI presents an excellent opportunity to invest in a potentially high‐return, low‐cost gold project in China—the world's largest gold-producing country. Due to the scarcity of large global mines, the project could be attractive for a company already working in the region, a new entrant or a Chinese company. The share price currently reflects a discount to our development project.

NPV estimate of $2.43/share, which only incorporates 57% of all resources in the mine plan. Additionally, the shares currently do not reflect the value for inferred resources being upgraded with infill drilling and the blue‐sky exploration potential on identified mineralized zones."

[dosco12]

1,44 cad sieht nach abgeschlossener bodenbildung aus...

habe bei 1,01 € letztes geld reingesteckt...

=> nächster halt ATH...

gruß,
dosco

[dosco12]

so... nun haben wir es endlich geschafft!

wenn die Ergebnisse kommen und es sieht nach potential nach einer weiteren mine auf dem Areal aus (kann man eigentlich ja schon anhand der wenigen Ergebnissen sehen), dann müsste es ganz ganz massiv nach oben gehen.

10% heute sind nur ein tropfen...

[dosco12]

wie gesagt... nun passt alles... und schön über 1,8 und wir sind nächste woche durch die 2... dann muessen news helfen...

und die werden sehr sehr gut sein... die drillen und werden finden... braucht man kein "seher" zu sein, denn erste (1-2 löcher) hatten auf den neuen gebieten schon ordentlich zeugs gefunden...


ICI ist einfach eine schöne runde story!

[dosco12]

pp zu 1,9 während kurs bei 1,55 steht... klingt gut...


PRESS RELEASE



Inter-Citic Announces Significant Premium Pricing of Non-Brokered Equity Financing Of Up To $21 Million at $1.90 per Common Share



* NOT FOR DISSEMINATION IN THE UNITED STATES

OR FOR RELEASE TO U.S. NEWSWIRE SERVICES *





May 26, 2011, Toronto, ON: Inter-Citic Minerals Inc. (TSX-ICI; OTCQX-ICMTF) ("Inter-Citic" or "the Company") President and CEO James Moore is pleased to announce a non-brokered private placement financing of up to 11,052,632 common shares of the Company at a price of C$1.90 per common share (representing a 21.8% premium to market), for total gross proceeds of up to $21,000,000.

The financing will take place in two tranches. The first tranche for gross proceeds of up to $12.6 million will be completed in approximately 4 weeks and the second tranche for gross proceeds of up to $8.4 million will be completed in approximately 6 weeks.

Subscribers to the transaction are primarily investors resident in Hong Kong and the Peoples Republic of China.

The net proceeds of the offering will be used to advance Inter-Citic's Dachang Gold Project in China by completing a Chinese Feasibility Study this year as well as all other advanced engineering studies required under Chinese regulations in order to complete the mine permitting process, as well as continuing regional exploration for further resource expansion, and for general corporate purposes.

The financing is subject to regulatory approval and completion of definitive documentation.



The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.



On Behalf of the Board:

"James J. Moore"

President & CEO



ABOUT INTER-CITIC:

Toronto-based Inter-Citic Minerals Inc. is an exploration and development company advancing its Dachang Gold Project in the People's Republic of China. Inter-Citic is listed on the TSX under the symbol ICI. Inter-Citic's website is www.inter-citic.com.



FOR FURTHER INFORMATION PLEASE CONTACT:



Stephen Lautens

Vice President, Corporate Communications

Inter-Citic Minerals Inc.

[phone] x 227

[e-mail]

[dosco12]

tja... und das wärend der kurs drüben unter 1,4 cad steht...

lol



PRESS RELEASE 28 06 2011



Inter-Citic Announces
Completion of 1st Tranche of $21 Million Non-Brokered Equity Financing at $1.90 per Unit



* NOT FOR DISSEMINATION IN THE UNITED STATES

OR FOR RELEASE TO U.S. NEWSWIRE SERVICES *



June 28, 2011, Toronto, ON: Inter-Citic Minerals Inc. (TSX-ICI; OTCQX-ICMTF) ("Inter-Citic" or "the Company") President and CEO James Moore is pleased to announce the completion yesterday of the first tranche of a non-brokered private placement financing previously announced by the Company on May 26, 2011.

The financing consists of up to 11,052,632 Units ("Units") of the Company at a price of C$1.90 per Unit, for total gross proceeds of up to $21,000,000. Each Unit consists of one common share and one-half of one common share-purchase warrant. Each whole warrant entitles the holder to acquire one common share of the Company at a price of $2.00 for a two year period from the closing date, at which time any unexercised warrants will expire. The common shares issued pursuant to the offering are subject to a statutory hold period which expires October 27, 2010.

The first tranche of this financing representing 6,631,579 Units closed on Monday, June 27, 2011 for gross proceeds of $12.6 million. The second tranche for the balance of the financing of up to an additional $8.4 million is expected to close on or before July 8, 2011.

Subscribers to the transaction are primarily investors resident in China.

The net proceeds of the offering will be used to advance Inter-Citic's Dachang Gold Project in China by completing a Chinese Feasibility Study this year as well as all other advanced engineering studies required under Chinese regulations in order to complete the mine permitting process, as well as continuing regional exploration for further resource expansion, and for general corporate purposes.



The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.



On Behalf of the Board:

"James J. Moore"

President & CEO



ABOUT INTER-CITIC:

Toronto-based Inter-Citic Minerals Inc. is an exploration and development company advancing its Dachang Gold Project in the People's Republic of China. Inter-Citic is listed on the TSX under the symbol ICI. Inter-Citic's website is www.inter-citic.com.



FOR FURTHER INFORMATION PLEASE CONTACT:



Stephen Lautens

Vice President, Corporate Communications

Inter-Citic Minerals Inc.

[phone] x 227

[e-mail]

[dosco12]

hina-focused Inter-Citic receives bullish rating from Northland Capital Partners
Mon 12:52 pm by Deborah Sterescu
Inter-Citic Minerals (TSE:ICI) received encouraging remarks from equity research firm Northland Capital Partners on Monday, after the Canada-based gold explorer boosted inferred resources at its Dachang project late last week.

On Thursday, the company increased inferred resources at its China gold property by more than 400,000 ounces of gold, due to the inclusion of new areas.

The updated report, prepared by Micon International, estimated inferred resources of 21.26 million tonnes grading 2.83 grams per tonne, or 1.93 million ounces of contained gold - an increase of around 409,000 ounces over the previous report last July.

In 2010, Toronto-based explorer Inter-Citic conducted a 25,070 metre drill program and a 9,800 metre trenching program focused on expanding the resources outside of the existing Dachang Main Zone (DMZ) and Placer Valley areas. The new "exploration area" resources are entirely in the inferred category.

In the research report, Northland noted: "Increased resources at these new regional zones are a preliminary indication of the 279 square kilometre property’s mineral potential. We believe the Acadia Zone, 861 Zone, and XP Zone could each host 1.0-1.5Moz at similar grades to DMZ."

Northland further said that a resource increase of this magnitude could substantially change the economics of the project relative to the equity research firm's current valuation, which is based on a preliminary economic assessment from 2009, incorporating only 46% of total resources.

New inferred resources are in addition to the estimated measured and indicated resource of 1.88 million ounces of contained gold, or 17.2 million tonnes at a grade of 3.41 grams per tonne (g/t) gold, at a cutoff grade of 0.6 g/t.

Based on future indications, Northland assigned the Canada-based company a "sector outperform" rating, with a price target of $3.25, more than double its current share price.

Northland expects to re-visit its valuation upon the release of the project's feasibility study, expected in the middle of this year, it said. Near term catalysts for the company's share price also include exploration results, advancement of Dachang, a new joint venture partner, or a potential takeover.
"We believe that Inter-Citic presents an excellent opportunity to invest in a potentially high‐return, low‐cost gold project in China — the world’s largest gold producing country.

"The share price currently reflects a discount to our development project Net Present Value estimate, which incorporates only half of all resources in the mine plan.

"Additionally, the shares currently do not reflect the value for inferred resources being upgraded with infill drilling and the blue‐sky exploration potential," the research firm concluded.
Zijin Mining Group (2899:SEHK), China’s largest gold producer, acquired a 19.15% equity interest in Inter-Citic Minerals in April of last year, but has no direct interest in the Dachang project.

[dosco12]

Michael Niehuser Talks About Inter-Citic's Dachang Gold Project in The Gold Report

Dear Inter-Citic Shareholder,


I am pleased to forward to you an interview published this week in The Gold Report with Michael Niehuser of Beacon Rock Research that talks about Inter-Citic and our Dachang Gold Project.



Mr. Niehuser says:



"We also think Inter-Citic Minerals fits [our] growth profile. The company is advancing its 3.4 Moz. Dachang gold project in Western China to feasibility in late 2011. China has been in the news a lot lately, but Inter-Citic appears to have strong backing from two significant Chinese investors and is well aligned with the largest gold producer in China. Inter-Citic has a long history of development in China, and a manageable political risk. We see good likelihood that the Dachang project will advance to feasibility with low operating and capital costs. There is a good opportunity the company will establish a central operation that could scale with discoveries and other potential mines on their 279 square km. land package. Inter-Citic plans to complete at least 15,000m of exploration drilling, again combining near-, mid- and long-term upside."



You can view the entire interview in The Gold Report here: http://www.theaureport.com/pub/na/10138.



One update to Mr. Niehuser's comments - Inter-Citic reported an update to its NI 43-101 resource last week, and so the total resource number quoted in the interview above has now increased. The total estimated resource at Dachang now stands at:

1.88 million oz Au at 3.41 GPT M+I, plus,
1.93 million oz Au at 2.83 GPT
representing a 409,000 oz increase over the previous resource estimate in 2010.



Finally, Thom Calandra also had nice things to say about Inter-Citic again last week as well. You can read them here.


Best regards,

Stephen Lautens
VP Corporate Communications
Inter-Citic Minerals Inc.

TSX:ICI
OTCQX: ICMTF

[TomLong]

Ich habe mir statt Minco nun ICI geholt.
Die fundamentalen Werte sind sehr gut, ebenso die Aktionärsstruktur.
Hier wird auf jeden Fall eine Mine mit geringen Produktionskosten entstehen.
Der einzige Mangel ist die noch nicht vorhandene Infrastruktur.
Dafür dürfte es bei den Genehmigungen außer der Wartezeit kaum Probleme geben.
Auf steigende Kurse.

[dosco12]

ab 2013 producer.
so lange muss man halt halten können...
den rest erledigen die sehr grossen investoren.

[dosco12]

hoch auf 94
runter auf 80

news ?

[D_Rockford]

Deshalb der Anstieg, vielleicht wird das Angebot erhöht?

http://www.marketwire.com/press-release/inter-citic-rejects-…

[TomLong]

Press Release vom 29.11.2011:
Permitting Progress at Inter-Citic's Dachang Gold Project
http://www.inter-citic.com/releases/release11-29-11.pdf

[TomLong]

Press Release vom 05.12.2011:
First Drill Results From Inter-Citic's 2011 Exploration Program at Dachang
Results Include 4.70 Metres at 25.9 GPT Au in New Area Including 1.0 Metre at 107.0 GPT Au
http://www.inter-citic.com/releases/release12-05-12.pdf

[TomLong]

Press Release Jan. 10, 2012
Inter-Citic Reports 3rd Set of Drill Results including 9.7 m at 10.92 GPT Gold
http://www.inter-citic.com/releases/release1-10-12.pdf

[TomLong]

Press Release Feb. 6, 2012
Inter-Citic Reports 4th Set of Drill Hole Results
http://www.inter-citic.com/releases/release2-06-12.pdf

[TomLong]

Press Release June 19, 2012:

Inter-Citic Reports Updated NI 43-101 Compliant Mineral Resource Estimate For Its Dachang Gold Project
Measured and Indicated Resource Estimate Increases by 320,000 Ounces; Inferred Resource Estimate Increases by 250,000 Ounces Gold

The current NI 43-101 compliant mineral resource estimate at Dachang now stands at:

Estimated Measured and Indicated mineral resources of 2.20 million ounces contained gold (22.52 million tonnes grading 3.04 g/t Au); plus,
Estimated Inferred mineral resources of an additional 2.18 million ounces contained gold (25.91 million tonnes grading 2.62 g/t Au).

http://www.inter-citic.com/releases/release6-19-12.pdf

[TomLong]

Resource Infographic June 19, 2012:
http://www.inter-citic.com/documents/2012-resource-infograph…

Standart & Poors Factual Stock Report updated weekly (!)
http://solutions.standardandpoors.com/NASApp/WS/EntryServlet…

[dosco12]

ich bleib auch drinnen...

übernahme könnte jederzeit kommen und sonst gute aktionäre, right ?

[dosco12]

Mon Jul 9, 2012 3:52pm EDT
(Reuters) - Canadian gold explorer Inter-Citic Minerals Inc (ICI.TO) said it is in talks with a potential buyer.

Shares of the Toronto-based company were up 14 percent at C$1.21 on Monday on the Toronto Stock Exchange.

"Terms of a potential transaction continue to be negotiated," Inter-Citic said in a statement.

Inter-Citic, which has a market value of $122.9 million, said other than a confidentiality agreement, no written agreement has been entered into with the undisclosed third party. (Reporting by Shounak Dasgupta in Bangalore; Editing by Don Sebastian)

[TomLong]

Antwort auf Beitrag Nr.: 43.371.571 von dosco12 am 10.07.12 21:20:34

Wäre schade wenn die Story damit schon zu Ende ginge.

[dosco12]

ich galube nicht, dass da jemand der grossen anteilseigner verklaufen will.

die werden von mir aus 2 cad bieten und die zijins und co werden sagen... NEIN!

warum soll einer von denen verkaufen. die scheinen mir sowas von relaxed...

[cervical]

Chinesen wollen 250 Mio. CAD für Goldexplorer Inter-Citic zahlen

Der kanadische Goldexplorer Inter-Citic Minerals (WKN A0HGRW) hat ein Übernahmeangebot der chinesischen Western Mining Group in Höhe von 250 Mio. CAD erhalten. Der Deal soll im vierten Quartal 2012 abgeschlossen sein.
http://www.goldinvest.de/index.php/chinesen-wollen-250-mio-c…

[dosco12]

tja, schon wieder rausgekauft worden...

was für ein mist unterm strich...

ständig werden die teile die gut sind zu witzpreisen rausgekauft und der schrott bleibt drinnen... so kann man kaum geld machen...


aber na ja... erst mal so sehen... wir sind im plus...

[TomLong]

Ja, das wars dann wohl, hab mir hier noch etwas mehr versprochen.
Dann muss ich mich eben nach Alternativen umschauen...