Kommts zum GLÜCKS- deal für FORTUNE RIVER- shareholder ??? - 500 Beiträge pro Seite

[hbg55]

....DAS könnte ein GLÜCKS- deal werden - für 2 FRX- shares
gibts 1 neue zum kurs von BVA.......hier lest mal heutige meldung
mit den weiteren details......

Bravada and Fortune River Plan to Merge Forming Strong Nevada-focused Exploration and Development Company

August 25, 2010

News Release Attachments
Bravada/Fortune River Property Location Map

Bravada Gold Corporation (BVA.V) and Fortune River Resource Corporation (FRX.V) report that their respective Boards of Directors have agreed, subject to receiving independent Fairness Opinions, appropriate approvals of shareholders and the Supreme Court of British Columbia, and acceptance by the TSX Venture Exchange, to merge into a single amalgamated company which would retain the name Bravada Gold Corporation. The amalgamated company will focus exploration activities on its combined 20 Nevada properties (approximately 13,000ha), located in the Battle Mountain-Eureka trend, the Walker Lane Trend, and the Northern Nevada Rift (see attached map). In addition, both companies are well advanced toward acquiring other strategic properties in these established Nevada gold trends.

The Amalgamation Agreement provides for the exchange of two shares of FRX for one share of the amalgamated Company and one share of BVA for one share of the amalgamated Company, or such other ratios as may be recommended by the author of a Fairness Opinion and accepted by the Boards of Directors of both Companies.

It is anticipated that Special meetings of both Companies will be convened during the month of October 2010 for resolutions of the Members of each Company followed by Court application and submissions to the TSX Venture Exchange for listing of the shares of the amalgamated Company.

Fortune River’s contribution
FRX contributes an existing mineral resource at its Wind Mountain property, a previous Amax Gold open-pit/heap-leach mine. The project contains an estimated 406,000 ounces of gold in the Measured plus Indicated Resource categories, 33.7 million tons averaging 0.411 g/t Au, using a cutoff grade of 0.257g/t Au, plus an additional 92,000 ounces of gold in the inferred category, 9.8 million tons averaging 0.308g/t Au, using the same cut-off grade (see FRX news release dated January 8, 2008). The company recently commissioned an independent NI43-101-Compliant Preliminary Economic Assessment and associated Technical Report by Mines Development Associates (MDA), a well-respected engineering group based in Reno. MDA modelled an open pit using $850 per ounce of gold and $14.50 per ounce of silver. MDA’s report indicates the project will have an NPV@ 5% of US$13.2million (IRR=15%) at $850 per ounce gold and, assuming a 20% increase in metal prices, an NPV@5% of US$43.7million (IRR=38%) at $1,020 per ounce gold for the same pit design (see FRX news release NR-05-10 dated April 13, 2010). MDA recommends further work that would advance the project through pre-feasibility at a cost of approximately US$462,000, exclusive of further delineation and exploration drilling, which it estimates at an additional cost of $1.4million.

In addition to Wind Mountain, FRX holds the drill-ready East Manhattan property (proposed approximately 1, 000m in five relatively shallow core holes), where past drilling by FRX has encountered encouraging gold mineralization. Hole-EM08010, located near the western margin of the property, is particularly encouraging as it contains two significant intervals (estimated true thicknesses): 11.25m of 2.868 g/t Au at 91.4m depth followed by another 11.25m of 0.805 g/t Au at 118.9m depth. Approximately 300 meters to the east along strike is a historic drill hole (non-NI43-101) that contains similar mineralization at shallow depths, but for which data cannot be verified.

Currently, Christopher James Gold Corp (CJG.V) is funding exploration costs to earn an interest in FRX’s Highland and Buz properties, and the two companies equally share funding costs for the Zebra property; FRX is operator for all three properties. FRX also holds the Baxter low-sulfidation Au/Ag property and the Mud Springs Climax-type molybdenum property. In addition to the Nevada properties discussed above, FRX owns the Drayton Archean gold property in Ontario and a small equity position in Goldstone Resources Inc. (GRC.V).

Bravada’s contribution
BVA has recently completed an equity financing in order to fund further exploration activities and to acquire additional attractive properties, which are now available in the Battle Mountain Gold and other established Nevada gold trends due to poor market conditions for junior explorers. BVA recently completed a deep drilling program at its Signal property (1,270m as two core holes) and is currently drilling the first deep holes to explore the PH property (approximately 1, 000m as two core holes). Its SF property is permitted and bonded, and may be drilled this Fall (approximately 600m as two R.C. holes).

Other assets within BVA include a royalty on a small barite deposit on its Shoshone Pediment property, being evaluated by oil-field service giant Baker Hughes Incorporated (BHI.N), an exploration earn-in on its HO gold property funded by start-up company NuLegacy Gold Corporation, currently a private Nevada focused gold exploration company, together with an equity position in NuLegacy, and a trailer and warehouse facility in Crescent Valley, Nevada. Bravo Gold Corporation (BVG.V) currently holds 34% of BVA’s outstanding shares and its equity holding is expected to be held as a long-term investment.

Why the combination makes sense
Operations of the amalgamating companies are conducted by Manex Resource Group support staff in its Vancouver office and geology staff in its Reno office. The staff and consultants are well respected in the Canadian junior market and in the Nevada geological community. A business arrangement between the amalgamating companies would result in significant benefits:
• Greater efficiency in the administration of the two companies as a merged entity
• Reduction of administrative costs
• Potentially greater ability to access exploration funds for the consolidated group of mineral properties
• Increases the company’s visibility as a potential JV partner, both to acquire new properties and to further develop mines at the company’s properties
• Presents to investors a premier Nevada-focused exploration company with a large portfolio of high-quality properties with potential for year-round exploration.

Business approach
The Amalgamated Company will explore for new multi-million ounce, high-grade gold deposits and will then seek to joint-venture the mine development of those discoveries with one of the major gold-mining companies while retaining a sufficient interest to positively affect the value of the Amalgamated Company. Those discoveries that do not meet this criterion will be joint-ventured with an appropriate smaller company or dropped.

Joe Kizis is President of both amalgamating companies and proposed President of the Amalgamated Company. He comments, “We believe that the amalgamated company will be stronger than the two amalgamating companies would be separately. It will have a potentially economic asset base with the Wind Mountain property, which is highly leveraged to the price of gold. It will also have several high-quality properties which are permitted, bonded and ready for drilling along well-established gold trends in one of the world’s best gold jurisdictions, increasing the chance for new, multi-million-ounce gold discoveries.”

About Bravada Gold Corporation
Bravada Gold Corporation is a member of the Manex Resource Group of companies with an exploration office in Reno, Nevada from which it is exploring its extensive Carlin-type gold holdings strategically located within the Battle Mountain/Eureka “Cortez” gold trend in Nevada. Bravo Gold Corp. (BVG.V) owns 34% of 32,519,218 Bravada common shares currently outstanding.

About Fortune River Resource Corp
Fortune River Resource Corp. is exploring for high-grade gold deposits within two prolific gold producing geologic provinces, Nevada and Ontario. The Wind Mountain, East Manhattan, Highland, Baxter, Mud Springs, Buz and Zebra projects are located in Nevada and the Drayton project is located in Ontario.

Bravada/Fortune Property Location Map

Click here for a high resolution image

Joseph Anthony Kizis, Jr. (P.Geo.) is the Qualified Person responsible for reviewing the technical results in this release.

On behalf of the Board of Directors of Bravada Gold Corporation and Fortune River Resource Corporation
“Joseph A. Kizis, Jr.”
Joseph A. Kizis Jr., Director, President, Bravada Gold Corporation and Fortune River Resource Corporation

For further information, please visit the companies’ websites at bravadagold.com and fortuneriver.ca or contact Liana Shahinian at 604.641.2773 or toll free at 1.888.456.1112 or by email at [e-mail].

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the company’s projects, and the availability of financing for the company’s development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Bravada Gold Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.
This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Fortune River Resource Corp. relies upon litigation protection for forward looking statements.


....zum besseren kennenlernen nachfolg. der link zur
brandakt. pres........

http://www.fortuneriver.ca/uploads/media/frx_corporatepresen…


SK von FRX....cad 0,065


SK von BVA....cad 0,165

[hbg55]

[hbg55]

Antwort auf Beitrag Nr.: 40.046.074 von hbg55 am 25.08.10 22:26:27

...nachfolg. link führt zur map mit den jeweiligen proj.....

http://media3.marketwire.com/docs/FRX_BVG_basemap.pdf


da machts aus meiner sicht viel sinn, kräfte zu bündeln und zu neuer
stärke zu führen........wie es auch off. bekannt gegeben wurde.....

Why the combination makes sense...

Operations of the amalgamating companies are conducted by Manex Resource Group support staff in its Vancouver office and geology staff in its Reno office. The staff and consultants are well respected in the Canadian junior market and in the Nevada geological community . A business arrangement between the amalgamating companies would result in significant benefits:
• Greater efficiency in the administration of the two companies as a merged entity
• Reduction of administrative costs
• Potentially greater ability to access exploration funds for the consolidated group of mineral properties
• Increases the company’s visibility as a potential JV partner, both to acquire new properties and to further develop mines at the company’s properties
• Presents to investors a premier Nevada-focused exploration company with a large portfolio of high-quality properties with potential for year-round exploration.


Joe Kizis is President of both amalgamating companies and proposed President of the Amalgamated Company. He comments, “We believe that the amalgamated company will be stronger than the two amalgamating companies would be separately. It will have a potentially economic asset base with the Wind Mountain property, which is highly leveraged to the price of gold. It will also have several high-quality properties which are permitted, bonded and ready for drilling along well-established gold trends in one of the world’s best gold jurisdictions, increasing the chance for new, multi-million-ounce gold discoveries.”

[hbg55]

...na da wolln wir doch mal schauen, ob der ein oder andre ´wach´ wird..........

[hbg55]

Antwort auf Beitrag Nr.: 40.046.074 von hbg55 am 25.08.10 22:26:27

...ein SH- user formulierts so........


Go figure this one out. I've been following this one for a while.

Now they have announced a merger with BVA. Two FRX for one new of the company. If you own BVA you get a 1 for 1 exchange into the new company.

So why is FRX trading at 0.06 and BVA trading at 0.16. Something needs to come in line here.

Please read the news and help me figure this one out.

Cheers
Please do your due diligence.


....MEIN rat lautet.......zuschnappen, so lange es noch solch schnäppchenkurse gibt !!!

[hbg55]

derweil kann sich GOLD- preis auf neu erreichtem hoch oberhalb
von usd 1220,- halten.........




akt.....usd 1237,90 oz

[hbg55]

Antwort auf Beitrag Nr.: 40.050.704 von hbg55 am 26.08.10 16:57:02

...und ein weiterer standpunkt ausm SH- board, der unterstreicht, welch chance
sich hier bei akt. zustieg bieten.........


The proposed merger of these two companies demonstrates the complete weakness of management and IR to create a market cap in this company that, at least would see a merger that fairly done would have a 1:1 ratio or better for FRX shareholders.

There are millions of shares held by longs who have average share prices at multiples higher that the current stock price.

What is the cost to them? ZIf your average cost is .30 you will need .60 to get whole. How about losing half of your value on a jimmied merger. Only a little while ago management and IR pulled off a rally so they could call their warrants. I offer management has a responsibility to it's shareholders to do all things necessary to aline the pricing to achieve a 1:1 stock swap.

Not a lot of DD is needed by existing shareholders to see FRX currently is far more undervalued than BVA. It is downright LAZY for management to make a desperate merger at the cost of shareholders.

The merger makes sense: the ratio of 1:2 makes me sick and I will not vote in favor.

[hbg55]

Antwort auf Beitrag Nr.: 40.061.316 von hbg55 am 28.08.10 14:42:56

...wie heißts so schööön.........wer rechnen kann ist im vorteil

[hbg55]

Antwort auf Beitrag Nr.: 40.084.878 von hbg55 am 01.09.10 20:52:53

...dabei sollte man auch folg. umstand dringend berücksichtigen.........


Bravada Gold closes first tranche for $900,000

2010-08-06 17:16 ET - News Release

Mr. Joseph Kizis Jr. reports

Bravada Gold Corp. has closed the first tranche of its non-brokered private placement of units previously announced in Stockwatch on July 5, 2010.

The company issued six million units at a price of 15 cents per unit for gross proceeds of $900,000.


Each unit consisted of one common share and one-half share purchase warrant, with each whole warrant exercisable to purchase one additional common share at a price of 20 cents per share for a period of two years.

[hbg55]

Fortune River and Christopher James Begin Drilling at Buz Gold/Silver Project in Nevada

VANCOUVER, BRITISH COLUMBIA, Sep. 15, 2010 (Marketwire) -- Fortune River Resource Corp. (TSX VENTURE:FRX)(FRANKFURT:RG7A) and partner Christopher James Gold Corp. (CJG.V) reported today that drilling is underway at their 240ha, low-sulfidation Buz gold/silver Project in the Walker Lane Gold trend in western Nevada. A four-hole, reverse-circulation drilling program is planned, approximately 1,000 metres total.

Grab samples of vein material from dumps of small historic workings contain anomalous gold up to +10g/t, with relatively low concentrations of silver and very low concentrations of base metals. The gold-bearing veins formed in a small graben and related volcanic eruptive center within the southern margin of a large Tertiary caldera. Vein mineralogy and textures in surface exposures are typical of the upper level of a low-sulfidation gold system. Economic accumulations of gold, if present, would typically lie deeper in these systems. Only one shallow historic drill hole has been found on this minimally explored property.

Christopher James may earn a 51% interest in the Buz property by spending US$2,000,000 over a six-year period, which will include paying underlying annual minimum royalties and claim-holding fees. Christopher James may earn a further 19% interest, for a total of 70%, by producing a bankable feasibility study by the end of year six. This option may be extended for up to two years by paying Fortune River US$50,000 and spending a minimum of US$500,000 per year.

The project is subject to an underlying royalty of 3% NSR, of which 1.5% can be purchased for US$1,500,000. Fortune River will be project manager initially, continuing as long as mutually agreed.

Highland project update

Permits have been received and a bond has been posted for drilling at the Highland property, which is also being managed by the company and funded by Christopher James Gold Corp. During the past few months, previously planned drilling was postponed while the existing ground magnetics survey was enlarged and 21 new claims were added to cover projections of geophysical targets, bringing the total to 141 claims (approx.1,100ha). Christopher James has met required year one expenditures at Highland and will determine a drill schedule once their budgeting process has been completed.

About Fortune River

Fortune River Resource Corp. is exploring for high-grade gold deposits within two prolific gold producing geologic provinces, Nevada and Ontario. The Wind Mountain, East Manhattan, Highland, Baxter, Mud Springs, and Buz projects are located in Nevada and the Drayton project is located in Ontario. Fortune River and Bravada Gold Corp (BVA.V) are considering an amalgamation to form a strong Nevada-based exploration and development company.

Joseph Anthony Kizis, Jr. (P.Geo) is the Qualified Person as defined by National Instrument 43-101 for the Buz project and has reviewed and approved the technical contents of this release.

On behalf of the Board,

Joseph Anthony Kizis, Jr., President, Fortune River Resource Corp.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the company's projects, and the availability of financing for the company's development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Fortune River Resource Corp. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Fortune River Resource Corp. 1.888.456.1112 [e-mail] www.fortuneriver.ca

[hbg55]

....und nach neuerlicher meldung über das vereinbarte tausch- verhältnis
im zuge des anvisierten mergers mit BVA sehen wir anziehendes int. bei FRX.....


Bravada and Fortune River Settle Ratios of Amalgamation

VANCOUVER, BRITISH COLUMBIA, Sep. 16, 2010 (Marketwire) -- Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:6BG) and Fortune River Resource Corporation (TSX VENTURE:FRX)(FRANKFURT:RG7A) report that their respective Boards of Directors have agreed on the ratios for the proposed amalgamation after considering advice from external advisors relative to the preparation of a Fairness Opinion addressed to the Amalgamating Companies.


The ratios are:

FRX: 0.85 share of the Amalgamated Company for 1 share of FRX.

BVA: 1.00 share of the Amalgamated Company for 1 share of BVA.

Previously, as disclosed in a common news release (NR-10-10 for BVA and NR-13-10 for FRX), the Companies had agreed on a preliminary basis on ratios of 0.5 shares of the Amalgamated Company for 1 share of FRX and 1.0 share of the Amalgamated Company for 1 share of BVA.

The new ratios acknowledge a higher value for FRX's Wind Mountain gold resource than is currently being reflected in FRX's share price and results in the Amalgamated Company being owned equally by shareholders of FRX and shareholders of BVA. The proposed Amalgamation is subject to appropriate approvals of shareholders and of the Supreme Court of British Columbia, and acceptance by the TSX Venture Exchange, to merge into a single Amalgamated Company, which would retain the name Bravada Gold Corporation.

The Amalgamated Company will focus exploration activities on its combined 20 Nevada properties (approximately 13,000ha), located in the Battle Mountain-Eureka trend, the Walker Lane Trend, and the Northern Nevada Rift. Both companies are currently drilling exploration properties and both are well advanced toward acquiring other strategic properties in these prolific Nevada gold trends. BVA is drilling the PH Carlin-style exploration property, located along the Battle Mountain-Eureka Gold trend 6 km east of the Tonkin Springs gold deposits and 13km northwest of the Gold Bar satellite deposits. FRX and partner Christopher James Gold Corp are drilling the Buz low-sulfidation exploration property, located along the Walker Lane Gold trend 3km northeast of the partnership's Highland property.

In addition to the extensive package of exploration properties along Nevada's long-established gold trends, the Amalgamated Company will include an existing mineral resource at its Wind Mountain property, a previous Amax Gold open-pit/heap-leach mine. The project contains an estimated 406,000 ounces of gold in the Measured plus Indicated Resource categories, 33.7 million tons averaging 0.411g/t Au, using a cutoff grade of 0.257g/t Au, plus an additional 92,000 ounces of gold in the inferred category, 9.8 million tons averaging 0.308g/t Au, using the same cut-off grade (see FRX news release dated January 8, 2008). The company recently commissioned an independent NI43-101-Compliant Preliminary Economic Assessment and associated Technical Report by Mines Development Associates (MDA), a well-respected engineering group based in Reno. MDA modelled an open pit using $850 per ounce of gold and $14.50 per ounce of silver. MDA's report indicates the project will have an NPV@5% of US$13.2million (IRR=15%) at $850 per ounce gold and, assuming a 20% increase in metal prices, an NPV@5% of US$43.7million (IRR=38%) at $1,020 per ounce gold for the same pit design (see FRX news release NR-05-10 dated April 13, 2010). MDA recommends work that could improve economics further and advance the project through pre-feasibility at a modest cost.

President Joe Kizis commented, "Although valuing junior exploration companies is difficult at best, we feel we are providing both groups of shareholders with significant upside. BVA shareholders participate in an established resource, which we feel is underappreciated in the market and will improve with further optimization studies. FRX shareholders participate in an excellent portfolio of exploration properties that have potential for very large Carlin-type gold deposits. Both groups of shareholders will benefit from a more steady flow of news as the properties are advanced by the Amalgamated Company and its partners."

It is anticipated that Special meetings of both Companies will be convened during the month of November 2010 for resolutions of the Members of each Company followed by Court application and submissions to the TSX Venture Exchange for listing of the shares of the Amalgamated Company.

About Bravada Gold Corporation

Bravada Gold Corporation is a member of the Manex Resource Group of companies with an exploration office in Reno, Nevada from which it is exploring its extensive Carlin-type gold holdings strategically located within the Battle Mountain/Eureka "Cortez" gold trend in Nevada. Bravo Gold Corp. (BVG.V) owns 34% of 32,519,218 Bravada common shares currently outstanding.

About Fortune River Resource Corp.

Fortune River Resource Corp. is exploring for high-grade gold deposits within two prolific gold producing geologic provinces, Nevada and Ontario. The Wind Mountain, East Manhattan, Highland, Baxter, Mud Springs, Buz and Zebra projects are located in Nevada and the Drayton project is located in Ontario.

Joseph Anthony Kizis, Jr. (P.Geo.) is the Qualified Person responsible for reviewing the technical results in this release.

On behalf of the Board of Directors of Bravada Gold Corporation and Fortune River Resource Corporation

Joseph A. Kizis Jr., Director, President, Bravada Gold Corporation and Fortune River Resource Corporation

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the company's projects, and the availability of financing for the company's development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Bravada Gold Corporation and Fortune River Resource Corp do not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Bravada Gold Corporation and Fortune River Resource Corp. 604.641.2773 or toll free: 1.888.456.1112 [e-mail] www.bravadagold.com / www.fortuneriver.ca

[Sacul9]

Antwort auf Beitrag Nr.: 40.164.989 von hbg55 am 16.09.10 21:58:50

[hbg55]

Antwort auf Beitrag Nr.: 40.165.436 von Sacul9 am 16.09.10 23:26:09

moin s9,

hoffe, du hast auch schon paaaar FRX im depot, bevors dann im zuge
des gestern verkündeten tauschs bald NEUE gibt !!!

[hbg55]

Antwort auf Beitrag Nr.: 40.166.800 von hbg55 am 17.09.10 10:13:55

...auch INSIDER- käufe nahmen grad jüngst wieder zu.....

Fortune River Resource Corp. (FRX)
As of September 16th, 2010

Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price

Sep 14/10 Sep 14/10 Head, Donald Richard Indirect Ownership Common Shares [Amended Filing] 10 - Acquisition in the public market 55,000 $0.055

Sep 14/10 Sep 14/10 Head, Donald Richard Indirect Ownership Common Shares 10 - Acquisition in the public market 23,000 $0.055

Sep 14/10 Sep 13/10 Head, Donald Richard Indirect Ownership Common Shares 10 - Acquisition in the public market 22,000 $0.055

Sep 07/10 Sep 03/10 Head, Donald Richard Indirect Ownership Common Shares 10 - Acquisition in the public market 50,000 $0.054


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

[hbg55]

Antwort auf Beitrag Nr.: 40.164.989 von hbg55 am 16.09.10 21:58:50

....wer rechnen kann, schnappt sich jetzt noch schnell welche.........


Recent Trades - All 9 today
Time ET Ex Price Change Volume Buyer Seller Markers

10:33:18 V 0.08 0.005 6,000 22 Fidelity 79 CIBC K
10:33:18 V 0.08 0.005 56,000 2 RBC 79 CIBC K
10:28:12 V 0.08 0.005 500 95 Wolverton 7 TD Sec E
10:28:12 V 0.08 0.005 14,000 2 RBC 7 TD Sec K
10:02:50 V 0.08 0.005 25,000 62 Haywood 79 CIBC K
09:41:20 V 0.075 0.00 6,000 85 Scotia 85 Scotia K
09:35:59 V 0.08 0.005 25,000 2 RBC 79 CIBC K
09:35:50 V 0.075 0.00 8,000 85 Scotia 79 CIBC K
09:32:27 V 0.075 0.00 18,000 9 BMO Nesbitt 79 CIBC KL

[hbg55]

Antwort auf Beitrag Nr.: 40.170.254 von hbg55 am 17.09.10 17:06:29

..und davon sahen wir gestern schon ne reihe meeeehr.....


Recent Trades - Last 10 of 28
Time ET Ex Price Change Volume Buyer Seller Markers

15:52:01 V 0.09 0.015 60,000 2 RBC 1 Anonymous K
15:52:01 V 0.09 0.015 5,000 2 RBC 1 Anonymous K
15:51:37 V 0.09 0.015 30,000 2 RBC 2 RBC K
15:48:05 V 0.095 0.02 11,000 7 TD Sec 85 Scotia K
15:20:31 V 0.09 0.015 25,000 2 RBC 95 Wolverton K
14:32:22 V 0.085 0.01 7,000 9 BMO Nesbitt 1 Anonymous K
14:32:22 V 0.085 0.01 12,000 9 BMO Nesbitt 1 Anonymous K
14:32:09 V 0.085 0.01 500 7 TD Sec 95 Wolverton E
14:32:09 V 0.085 0.01 24,000 7 TD Sec 1 Anonymous K
14:29:50 V 0.085 0.01 12,000 2 RBC 1 Anonymous K

[Aue1]

wann ist denn die umtauschfrist 2:1 ?

[hbg55]

Antwort auf Beitrag Nr.: 40.294.191 von Aue1 am 09.10.10 17:19:21

moin aue1,

...hat sich für FRX- shareholder noch verbessert....

The ratios are:

FRX: 0.85 share of the Amalgamated Company for 1 share of FRX.

BVA: 1.00 share of the Amalgamated Company for 1 share of BVA.


weitere details dazu in news vom 16/9. in #11 dieses threads !!!

[hbg55]

Bravada Adds Colorback Property to its Granite Mountain Project

VANCOUVER, BRITISH COLUMBIA, Dec. 16, 2010 (Marketwire) --

Bravada Gold Corporation reports that Bravo Alaska, Inc. (together "Bravada"), its wholly owned US subsidiary, has signed a Mineral Lease and Agreement for the Colorback property with NEWMONT USA LIMITED, a Delaware corporation doing business in Nevada as NEWMONT MINING CORPORATION ("Newmont"). The Colorback property is located approximately 10km northwest of the large Pipeline gold deposit, in the Cortez Mining district along the Battle Mountain-Eureka gold trend. The property partially surrounds Bravada's Granite Mountain property, a small parcel of fee land that the Company has held for several years as part of its strategy to acquire prospective property positions in this prolific gold district.

The Colorback property consists of private fee land and lode claims, a total of 1,420 hectares. Carlin-type gold mineralization is exposed on the property at surface, in trenches, and in numerous drill holes. Mineralization occurs in Upper Plate Paleozoic sediments and Eocene intrusions; however, the Company believes highly productive Lower Plate Paleozoic carbonates provide a more attractive target for a large, high-grade gold deposit. Historic drill holes by several companies have reportedly intersected thin zones of high-grade gold and thicker zones of moderate-grade gold (e.g. VH-1 intersected 0.6m of 20.5g/t Au within a 5.8m interval grading 2.9g/t Au and DCV-4 intersected 12.2m of 2.2g/t Au) and several reports reference a small historic resource (not 43-101 compliant) on the property; however, Bravada has not independently confirmed the historic drill results and these historic figures should not be relied upon.

Under terms of the agreement, once Bravada has spent US$3,000,000 within a six-year period and has delivered to Newmont a positive feasibility study on a deposit containing at least 500,000 ounces of gold, Newmont has the following options: 1) it can elect to form a venture and contribute $4,000,000 to earn 51%, with an option to spend an additional $4,000,000 to earn an additional 19% (resulting in 70% Newmont and 30% Bravada), and with further expenditures being spent according to the relative percentage of the venture ownership; or 2) it can elect to receive $2,000,000 from Bravada as payment for the property, subject to a 3% NSR royalty which the Company can buy down to 1% NSR at the rate of $1,000,000 per percentage point. Bravada can elect to terminate the agreement after a firm commitment of $200,000 within the first two years of signing a formal Earn-in Agreement has been spent, at least $100,000 must be as drill expenditures.

Status of Amalgamation

The Company and Fortune River Resource Corp are proposing a friendly merger via amalgamation, which is subject to appropriate approvals of shareholders and the Supreme Court of British Columbia, and acceptance by the TSX Venture Exchange.

The single amalgamated company will retain the name Bravada Gold Corporation and will then control 22 Nevada properties (approximately 18,400 hectares), located in the Battle Mountain-Eureka, Walker Lane, Northern Nevada Rift, Austin, and Kings River Rift gold trends.

It is anticipated that Special meetings of both Companies will be convened on December 17, 2010 for resolutions of the shareholders of each Company followed by Court application and submissions to the TSX Venture Exchange for listing of the shares of the amalgamated Company.

President Joe Kizis commented, "Like Bravada's recently acquired Quito property, Colorback is an advanced-stage exploration property with numerous gold intercepts in historic drill holes at encouraging grades. Our recent work in the district suggests to us that mineralized 'feeder' faults could intersect highly productive Lower Plate rocks at reasonable depths. That mineralization could extend onto our existing Granite Mountain property at somewhat greater depths. Both Colorback and Quito could fit closely behind Wind Mountain as our next pre-development projects, if our shareholders approve the proposed merger, providing the amalgamated company with a well-balanced portfolio of properties ranging from the less-speculative development stage to the more-speculative, but company-building, discovery stage."

About Bravada Gold Corporation

Bravada Gold Corporation (TSX VENTURE:BVA) is a member of the Manex Resource Group of companies with an exploration office in Reno, Nevada from which it is exploring its extensive Carlin-type gold holdings strategically located within the Battle Mountain/Eureka "Cortez" gold trend in Nevada. Bravo Gold Corp. (TSX VENTURE:BVG) owns 34% of 32,519,218 Bravada common shares currently outstanding.

About Fortune River Resource Corp.

Fortune River Resource Corp. (TSX VENTURE:FRX) is a member of the Manex Resource Group of companies with an exploration office in Reno, Nevada from which it is exploring for high-grade, low-sulfidation-type gold deposits, primarily in Nevada.

Joseph Anthony Kizis, Jr. (P.Geo.) is the Qualified Person responsible for reviewing the technical results in this release.

On behalf of the Board of Directors of Bravada Gold Corporation and Fortune River Resource Corp.

Joseph A. Kizis Jr., Director, President, Bravada Gold Corporation and Fortune River Resource Corp.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the company's projects, and the availability of financing for the company's development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Bravada Gold Corporation and Fortune River Resource Corp do not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Bravada Gold Corporation and Fortune River Resource Corp. 604.641.2773 or toll free: 1.888.456.1112 [e-mail] www.bravadagold.com / www.fortuneriver.ca

[hbg55]

...eine gaaaaanz akt., wohl LETZTE, pres. von unsrem solo- baby gibts hier......


http://www.fortuneriver.ca/uploads/media/frx_corporatepresen…


...mal schauen, was das heutige spec. meeting hinsichtlich merger
mit BVA ergibt

[hbg55]

Bravada Gold and Fortune River Announce Shareholder Approval of Amalgamation Agreement

VANCOUVER, BRITISH COLUMBIA, Dec. 20, 2010 (Marketwire) -- Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:6BG) and Fortune River Resource Corp. (TSX VENTURE:FRX)(FRANKFURT:RG7A) are pleased to announce that their respective shareholders have agreed, subject to the appropriate approval of the Supreme Court of British Columbia and acceptance by the TSX Venture Exchange, to merge into a single amalgamated company which would retain the name Bravada Gold Corporation. The amalgamated company will then control 22 Nevada properties (approximately 18,400 hectares), located in the Battle Mountain-Eureka, Walker Lane, Northern Nevada Rift, Austin, and Kings River Rift gold trends.

The Companies have agreed on ratios of 0.85 shares of the Amalgamated Company for 1 share of FRX and 1.0 share of the Amalgamated Company for 1 share of BVA. The Amalgamated Company will have 65,470,328 shares outstanding and 80,253,965 shares fully diluted. It is anticipated that the shares of the Amalgamated Company will commence trading in January 2011.

Joe Kizis is President of both amalgamating companies and proposed President of the Amalgamated Company. He comments, "Bravada will be a premier Nevada-focused exploration and development company, exploring well-established gold trends in one of the world's best gold jurisdictions. The Company will have a large portfolio of high-quality properties covering a range of development stages from early-stage exploration to advanced-stage exploration and pre-development. Quito, East Manhattan, and Colorback are our most advanced exploration-stage properties, and Wind Mountain, a potential near-term producer with a 43-101 compliant resource and positive PEA, is at the pre-development stage. We have several other high-quality properties, some that are being explored by partners and some for which we are seeking partners. Many are permitted, bonded, and ready to drill targets that we have developed over the past few years."

About Bravada Gold Corporation

Bravada Gold Corporation is a member of the Manex Resource Group of companies with an exploration office in Reno, Nevada from which it is exploring its extensive Carlin-type gold holdings strategically located within the Battle Mountain/Eureka "Cortez" gold trend in Nevada. Bravo Gold Corp. (BVG.V) owns 34% of 32,519,218 Bravada common shares currently outstanding.

About Fortune River Resource Corp.

Fortune River Resource Corp. is exploring for high-grade gold deposits within two prolific gold producing geologic provinces, Nevada and Ontario. The Wind Mountain, East Manhattan, Highland, Baxter, Mud Springs, Buz and Zebra projects are located in Nevada and the Drayton project is located in Ontario.

Joseph Anthony Kizis, Jr. (P.Geo.) is the Qualified Person responsible for reviewing the technical results in this release.

On behalf of the Board of Directors of Bravada Gold Corporation and Fortune River Resource Corp.

Joseph A. Kizis Jr., Director, President, Bravada Gold Corporation and Fortune River Resource Corp.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the companies' projects, and the availability of financing for the companies' development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Bravada Gold Corporation and Fortune River Resource Corp. do not assume any obligation to update or revise their forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Bravada Gold Corporation and Fortune River Resource Corp. 604.641.2773 or Toll Free at 1.888.456.1112 [e-mail] www.bravadagold.com /www.fortuneriver.ca

[hbg55]

Antwort auf Beitrag Nr.: 40.046.074 von hbg55 am 25.08.10 22:26:27

...guuuut, wer sich vor 4 monaten paaaar FRXssss ins depot geholt hat -
mit heutigem tag konnten wir uns nahezu verdoppeln


auch die BVA- lers, mit ihrem EK von 0,165 kommen mit heutigem tag
ebenfalls wieder in den grünen bereich.......und NACH vollzogenem merger
könnt 2011 das jahres des durchstartens werden.....

[hbg55]

Antwort auf Beitrag Nr.: 40.757.645 von hbg55 am 23.12.10 17:35:00

...hier mal wieder die gegen- überstellung........


Recent Trades - Last 10 of 24.....FRX mit TH von 0,12
Time ET Ex Price Change Volume Buyer Seller Markers

11:59:08 V 0.09 0.005 18,000 6 Union 79 CIBC K
11:59:08 V 0.09 0.005 2,000 1 Anonymous 79 CIBC K
11:57:34 V 0.095 0.01 5,000 9 BMO Nesbitt 79 CIBC K
11:57:34 V 0.10 0.015 20,000 5 Penson 79 CIBC K
11:45:54 V 0.11 0.025 11,000 85 Scotia 2 RBC K
11:38:59 V 0.115 0.03 2,000 2 RBC 7 TD Sec K
11:28:44 V 0.12 0.035 3,000 85 Scotia 33 Canaccord K
11:28:44 V 0.12 0.035 12,000 85 Scotia 81 HSBC K
11:25:31 V 0.12 0.035 25,000 6 Union 81 HSBC K
11:25:31 V 0.12 0.035 2,000 6 Union 85 Scotia K


Recent Trades - Last 10 of 87......BVA mit TH von 0,22
Time ET Ex Price Change Volume Buyer Seller Markers

11:43:17 V 0.22 0.09 4,000 46 Macquarie 7 TD Sec K
11:43:17 V 0.215 0.085 4,000 46 Macquarie 99 Jitney K
11:43:17 V 0.215 0.085 2,000 46 Macquarie 59 PI K
11:42:24 V 0.175 0.04 100 59 PI 33 Canaccord E
11:31:47 V 0.17 0.04 150 59 PI 9 BMO Nesbitt E
11:31:47 V 0.17 0.04 500 85 Scotia 9 BMO Nesbitt K
11:28:02 V 0.165 0.035 1,000 39 Merrill Lynch 2 RBC K
11:28:02 V 0.17 0.04 10,000 7 TD Sec 2 RBC K
11:27:27 V 0.22 0.09 10,000 7 TD Sec 7 TD Sec K
11:27:14 V 0.22 0.09 400 7 TD Sec 59 PI E


....zur erinnerung: FRX- shares werden im zuge des mergers in 0,85 BVA- shares
gewandelt !!!!

[Aue1]

Antwort auf Beitrag Nr.: 40.757.974 von hbg55 am 23.12.10 18:23:57

1. wann ist denn die umwandlung? 2. war das silvester in canada charttechnisch ein kaufsignal?

[hbg55]

Antwort auf Beitrag Nr.: 40.788.994 von Aue1 am 03.01.11 13:03:23

moin a1,

umwandlung der FRX- stücke in NEU- BVAs sollte innerhalb der nächsten tage
zum abschluß gebracht werden ( liegt natürlich auch abisl an deiner bank )


nachfolg. die off. meldung dazu...........

Bravada and Fortune River Complete Amalgamation, Add Claims at Wind Mountain, NSR, and South Lone Mountain Projects

VANCOUVER, BRITISH COLUMBIA, Jan. 6, 2011 (Marketwire) --

Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:6BG) and Fortune River Resource Corp. (TSX VENTURE:FRX)(FRANKFURT:RG7A) report that they have received approval from the Supreme Court of British Columbia for the amalgamation that was overwhelmingly approved recently by shareholders of both companies. Acceptance by the TSX Venture Exchange was received today. Each Fortune River shareholder will receive 0.85 shares of the amalgamated company for each share of Fortune River held and each Bravada shareholder will receive one share of the amalgamated company for each Bravada share held. The single amalgamated company will retain the name Bravada Gold Corporation and will control 22 Nevada properties (approximately 20,000 hectares), located in the Battle Mountain-Eureka, Walker Lane, Northern Nevada Rift, Austin, and Kings River Rift gold trends.

Effective Friday, January 7, 2011, the common shares of Bravada Gold Corporation will commence trading on the TSX Venture Exchange under symbol "BVA" and the common shares of Fortune River Resource Corp. will be delisted.

Work is underway at several of the Company's projects. At Wind Mountain, 25 additional claims were staked over a potential site for heap-leach piles. Permitting has been submitted for drilling approximately 70 shallow in-fill holes at the Wind Mountain and Breeze deposits, with drilling expected to begin during February. In addition, soil sampling is underway over an exploration area northwest of the known deposits; this mostly covered area has received very little previous drilling and could add additional shallow ounces to the project. Detailed seismic geophysical data has been received over a portion of the property as part of a data-sharing agreement with U.S. Geothermal Inc. (NYSE Amex: HTM; TSX: GTH), the owner of the adjacent San Emidio geothermal power plant, and it will be analyzed over the next few weeks to identify targets for possible deep, high-grade gold/silver mineralization.

At NSR, 45 additional claims were added to more fully cover the eastern and northern margins of a large buried intrusion identified by magnetics geophysics. Gold occurs in surface samples and in several historic drill holes, generally in the range of 0.5 ppm, in Upper Plate rocks around the intrusion. An attractive target is the contract of the intrusion with Lower Plate rocks at depth. At South Lone Mountain, 20 additional claims were added to extend coverage of projections of Mississippi-Valley-type zinc/lead mineralization exposed nearby and identified on the South Lone Mountain property in soil samples.

Data compilation is underway for the recently acquired Quito and Colorback projects. Core drilling is planned at Quito in June and R.C. drilling is being considered later in the year at Colorback, but specific plans for both projects will await evaluation of a large amount historic data and 3D computer modelling of that data. Drilling is planned at East Manhattan in April, where five core holes, approximately 1000 metres, are planned in to follow up encouraging intercepts of gold in the Company's previous reverse-circulation holes (e.g. Hole EM08010 contains two significant intervals: estimated true thickness of 11.25m of 2.868g/t Au at 91.4m depth followed by 11.25m of 0.805g/t Au at 118.9m depth).

Please visit Bravada's newly designed website, www.bravadagold.com, for a recent presentation about the agglomerated company and for detailed information about the Company's projects.

About Bravada Gold Corporation

Bravada Gold Corporation is a member of the Manex Resource Group of companies with an exploration office in Reno, Nevada from which it is exploring its extensive Carlin-type gold holdings strategically located within the Battle Mountain/Eureka "Cortez" gold trend in Nevada. Bravo Gold Corp. (BVG.V) owns 34% of 32,519,218 Bravada common shares currently outstanding.

About Fortune River Resource Corp.

Fortune River Resource Corp. is a member of the Manex Resource Group of companies with an exploration office in Reno, Nevada from which it is exploring for high-grade, low-sulfidation-type gold deposits, primarily in Nevada.

Joseph Anthony Kizis, Jr. (P.Geo.) is the Qualified Person responsible for reviewing the technical results in this release.

On behalf of the Board of Directors of Bravada Gold Corporation and Fortune River Resource Corp.

Joseph A. Kizis Jr., Director, President, Bravada Gold Corporation and Fortune River Resource Corp.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the company's projects, and the availability of financing for the company's development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Bravada Gold Corporation and Fortune River Resource Corp. do not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Bravada Gold Corporation and Fortune River Resource Corp.

604.641.2773 or Toll Free at 1.888.456.1112

[e-mail]
www.bravadagold.com / www.fortuneriver.ca


...bin guter dinge, daß wir mit den dann consol. proj. ein wesentl.
höheres investoren- int. erzielen werden und rechne schon bald mit
einer entspr. kurs- reaktion


auf WIEDERSEHEN im BVA- thread.........

http://www.wallstreet-online.de/diskussion/1157588-neustebei…