Canyon bricht aus! Wann kommt die erlösende Nachricht) - 500 Beiträge pro Seite

[Dersisco]

Wenn hier nun endlich Bewegung reinkommt!! Dann genügt ein Blick in den Chart um zuu wissen,das hier 400-500% winken.Und eine Lösung wird gefunden,weil viele an einer Ausbeutung Interesse haben
Gruß


MCDONALD GOLD PROJECT (100% CANYON)

The McDonald Gold Project is a 10.9 million ounce gold deposit, near Lincoln, Montana, that represents one of the largest undeveloped gold deposits in North America. The McDonald deposit, the 820,000 ounce Seven-Up Pete deposit, and a third gold occurrence at Keep Cool, which is less well drilled but calculated as containing 2 million ounces of gold, are three deposits which contain a total of 13.7 million ounces of mineralized gold material that have been discovered and drilled by Canyon`s Seven-Up Pete Venture six miles east of Lincoln, Montana. (See McDonald-Seven Up Pete Property Map). The McDonald deposit is highly amenable to gold recovery utilizing cyanide recovery technology with heap leaching, a technology that was made illegal in the State of Montana in 1998 with the passage of the anti-cyanide ballot initiative I-137 and re-enforced with the defeat of I-147, designed to repeal I-137, on November 2, 2004.

Canyon Resources, the Seven-Up Pete Venture, and co-plaintiffs filed suits against the State of Montana in state and federal courts in April 2000 seeking to overturn I-137 or, alternatively, to obtain a "taking" damage award for the value of the Seven-Up Pete Venture properties. As discussed in a Company press release dated June 8, 2005, the Montana Supreme Court issued a ruling which upheld the anti-cyanide initiative I-137 and rejected Canyon`s "takings" claim. In addition, the court affirmed the conclusion of the Montana Department of Natural Resources and Conservation hearing examiner to terminate the Seven-Up Pete Venture`s state mining leases. The federal case was stayed while remedy in state courts was being exhausted as required in our legal system. This ruling exhausted state remedy options, allowing the Company to appeal its "takings" claim to federal court. A motion has been filed in the United States District Court for the District of Montana, Helena Division, to reopen the reserved federal takings case. An Expert Report, prepared for presentation to the courts in April 2003 by a certified mineral appraiser, documents and recommends a "takings" value of $550 million.

The Montana Supreme court ruling cancelled the Company`s rights to those portions of the McDonald and Keep Cool orebodies covered by state mineral leases, or approximately 10.3 million ounces of the 13.7 million ounces of the mineralized gold material quoted above. This ruling did not impact the Seven Up Pete deposit since it is located entirely on private lands. The map below shows the three gold deposits of the Seven-Up Pete Venture, located six miles east of Lincoln, Montana. State Highway 200 is shown between the Keep Cool and McDonald deposits and the Blackfoot River.

[Dersisco]

[posting]18.450.889 von Dersisco am 26.10.05 11:31:38[/posting]Würde mal einen Blick auf den 3-Jahres Chart werfen.Dann seht ihr was hier möglich ist.Außerdem sind die jetzt auch im Uran Geschäft!
Gruß

[Dersisco]

Haben sich vor ca. 1 Monat auf einer großen Goldkonferenz in Denver vorgestellt! Die Präsentation ist sehr gut!
Gruß

[Dersisco]

CORPORATE CONFERENCE PRESENTATIONS - 2005

The Company will be making presentations and/or having booths at the following conferences throughout 2005. Interested parties who wish to attend any of these conferences should contact the conference sponsor. In general, the International Investment Conferences are open to the public and the Denver Gold Group conferences are open only to institutional investors.

Date Place Nature of Conference
Nov. 27-28 San Francisco
San Francisco Marriott San Francisco Precious Metals Conference 2005
(International Investment Conferences)

[SOM.you.]

.

[SOM.you.]

RE: Sisco

kannste mal eben kurz auf deutschen den Zusammenhang darstellen ?

SOM

[Dersisco]

[posting]18.451.736 von SOM.you. am 26.10.05 12:35:26[/posting]Was meinst Du? Bin sehr optimistisch.Deine Meinung würde mich interessieren! Habe auch eine Meinung zu apollo.Siehe Apollo-Thread!Was meinst Du?

[Dersisco]

[posting]18.451.824 von SOM.you. am 26.10.05 12:42:50[/posting]Canyon darf das Gold in Montana nicht so abbauen,wie sie es möchten(cyanid).Deshalb läßt sich das Gold nicht so günstig abbauen,wie es sich canyon vorgestellt hat.Nun gibts 3 Möglichkeiten:
1. Staat Montana erlabt den abbau
2. Canyon verkauft die Mine
3. Das Gold wird mit einem anderen verfahren abgebaut(Wäre zwar teurer,aber die Vorkommen sind gigantisch)

Abgebaut wird auf jeden Fall.Die Aktie ist von 4,5 US$ auf 0,60 gefallen.Unfug,denn das Gold ist da und wird auch gefördert.Nur eine frage der zeit.Sollten dementsprechende news kommen,wird es durch alle dächer der Welt fliegen.

Gruß

[SOM.you.]

RE: Cisco

ich habe das bisher nur überfliegen können.

Vielleicht kannst Du mir die ersten offenen Fragen beantworten :

1.) Hycroft
Da scheint ein Restart der Produktionsaufnahme geplant zu sein.
Ist das schon erfolgt, wenn nein wann solle sda losgehen ?
Wie liegen Die prognopstizierten cash Costs für diese Mine ?

2.) Was passiert in Briggs ?

3.) Bei McDonalds sind die Alternativen Abbaumethoden selbst bei dem aktuellen Goldpreis wohl noch zu teuer.
- du schreibst : "Staat Montana erlabt den abbau"
---> wird hier noch auf ein Urteil oder Entscheidung gewartet ?

Die Cashpositionen sind scheinbar ok.
haste Infos über die Verbindlichkeiten ?

SOM

[Dersisco]

[posting]18.452.283 von SOM.you. am 26.10.05 13:18:00[/posting]ad 1)Canyon Resources Elects Not to Exercise Hycroft Option
Golden, CO—Canyon Resources Corporation (AMEX:CAU), a Colorado-based
mining company, announced today that it will not be exercising its option to acquire the
Hycroft mine near Winnemucca, Nevada. In January 2005, Canyon entered into an option
agreement with Vista Gold Corp. (TSE & AMEX: VGZ) whereby the Company
committed to expend $0.5 million for drilling, engineering and due-diligence review over
a six month period ending August 20, 2005, to acquire the mine for $4.0 million in cash
plus $6.0 million in Canyon equity units consisting of one common share and one
warrant for half a share. Canyon has completed its work commitment under the option
agreement.
“The results of this project review, when combined with cost of acquisition, do
not meet the project investment criteria of Canyon at this time. The effects of increased
cost of fuel, tires, supplies, and shortages of large scale mining equipment units and
personnel are contributing factors to this decision. The management and Board of
Canyon are focused on creating shareholder value and as such will focus on projects that
meet this requirement. Canyon will continue to pursue a strategy of growth through
acquisition and development of our internal asset base, as well as the pursuit of our
Montana takings claim,” states James Hesketh, President & CEO.
Canyon’s Hycroft work program, on which $0.6 million was expended, included
drilling 33 holes totaling 12,475 feet, which confirmed average grades for the orebody.
Detailed due diligence, engineering and cost estimation were conducted by a team of
highly experienced consultants including Ore Reserves Engineering of Lakewood,
Colorado for resource modeling; WLR Consulting of Lakewood, Colorado for reserves,
mine engineering and costing; Kappes Cassidy of Reno, Nevada for plant costing and
metallurgy; SRK of Reno, Nevada for permit and environmental review; and SRK of
Littleton, Colorado for cash flow model review. Contract mining, leach pad engineering
and equipment proposals were received from a number of companies and vendors. This
work culminated in the development of feasibility study level operating plans and cost
estimates, which were used as the basis for this decision.
Actual results may differ materially from any forward-looking statement whether expressed

[Dersisco]

[posting]18.452.283 von SOM.you. am 26.10.05 13:18:00[/posting]ad2 )BRIGGS MINE (100% CANYON)

The Briggs Mine, in the desert of southeastern California, is an open-pit, heap leach operation, initially designed to produce an average of 75,000 ounces of gold per year over a seven-year life. The mine was constructed in 1996 and at March 31, 2005, has produced 545,928 ounces of gold and 153,458 ounces of silver. Since 1996, a total of 75.1 million tons of rock have been mined by open-pit methods, including 51.6 million tons of waste. Of the 23.6 million tons of ore mined, 18.7 million tons have been crushed and, along with 4.8 million tons of run-of-mine open-pit ore and 111,000 tons of high-grade underground ore, have been placed on the leach pad. A total of 733,850 ounces of gold has been placed on the leach pad during this period. Recoverable ounces in leach-pad inventory, at March 31, 2005, were 4,834 ounces of gold.

From 1997 through 2001, the ore was crushed in three stages to a minus 1/4 inch size and was conveyor stacked on the leach pad. Beginning in January 2002, crushing was terminated and, since then, run-of-mine ore has been placed on pad directly, without crushing. The crushing plant and conveyor system have been sold. However, from April through August 2003, higher grade oxide and sulfide ores from the Goldtooth deposit were crushed by a contractor. Mining ceased at the site in 2004.


Gold is recovered from leach solutions in a carbon adsorption plant and refined into dorй bars on site. At June 30, 2005, recoverable gold remaining in the 23.6 million tons of ore on pad was 2,499 ounces. The Company expects that the Briggs Mine will produce approximately 7,468 ounces of gold during 2005.

Reclamation at Briggs has progressed with completion of offsite reclamation, partial backfilling of the Main Briggs pit, and commencement of re-contouring and capping with growth media of the non-ore rock piles.

[Dersisco]

ad3)MCDONALD GOLD PROJECT (100% CANYON)

The McDonald Gold Project is a 10.9 million ounce gold deposit, near Lincoln, Montana, that represents one of the largest undeveloped gold deposits in North America. The McDonald deposit, the 820,000 ounce Seven-Up Pete deposit, and a third gold occurrence at Keep Cool, which is less well drilled but calculated as containing 2 million ounces of gold, are three deposits which contain a total of 13.7 million ounces of mineralized gold material that have been discovered and drilled by Canyon`s Seven-Up Pete Venture six miles east of Lincoln, Montana. (See McDonald-Seven Up Pete Property Map). The McDonald deposit is highly amenable to gold recovery utilizing cyanide recovery technology with heap leaching, a technology that was made illegal in the State of Montana in 1998 with the passage of the anti-cyanide ballot initiative I-137 and re-enforced with the defeat of I-147, designed to repeal I-137, on November 2, 2004.

Canyon Resources, the Seven-Up Pete Venture, and co-plaintiffs filed suits against the State of Montana in state and federal courts in April 2000 seeking to overturn I-137 or, alternatively, to obtain a "taking" damage award for the value of the Seven-Up Pete Venture properties. As discussed in a Company press release dated June 8, 2005, the Montana Supreme Court issued a ruling which upheld the anti-cyanide initiative I-137 and rejected Canyon`s "takings" claim. In addition, the court affirmed the conclusion of the Montana Department of Natural Resources and Conservation hearing examiner to terminate the Seven-Up Pete Venture`s state mining leases. The federal case was stayed while remedy in state courts was being exhausted as required in our legal system. This ruling exhausted state remedy options, allowing the Company to appeal its "takings" claim to federal court. A motion has been filed in the United States District Court for the District of Montana, Helena Division, to reopen the reserved federal takings case. An Expert Report, prepared for presentation to the courts in April 2003 by a certified mineral appraiser, documents and recommends a "takings" value of $550 million.

The Montana Supreme court ruling cancelled the Company`s rights to those portions of the McDonald and Keep Cool orebodies covered by state mineral leases, or approximately 10.3 million ounces of the 13.7 million ounces of the mineralized gold material quoted above. This ruling did not impact the Seven Up Pete deposit since it is located entirely on private lands. The map below shows the three gold deposits of the Seven-Up Pete Venture, located six miles east of Lincoln, Montana. State Highway 200

[Dersisco]

[posting]18.452.283 von SOM.you. am 26.10.05 13:18:00[/posting]Canyon Resources Corporation and Subsidiaries
Summarized Financial and Production Information
(Unaudited)
BALANCE SHEETS
June 30, 2005 Dec. 31, 2004
Assets
Current assets $ 6,525,100 $ 7,741,900
Noncurrent assets 7,487,100 17,873,100
Total assets $14,012,200 $25,615,000
Liabilities and Stockholders’ Equity
Current liabilities $ 3,086,800 $ 5,279,800
Notes payable – long term 825,000 -
Other noncurrent liabilities 3,057,300 4,231,200
Stockholders’ equity 7,043,100 16,104,000
Total liabilities and stockholders’ equity $14,012,200 $25,615,000
Three months ended June 30, Six months ended June 30,
2005 2004 2005 2004
STATEMENTS OF OPERATIONS
Revenue $ 1,137,200 $ 5,826,400 $ 2,139,400 $ 7,563,900
Cost of sales 837,800 4,087,800 1,968,000 6,442,900
Depreciation, depletion and amortization 704,700 2,425,700 1,614,600 3,528,300
Selling, general and administrative 625,000 468,100 1,233,500 2,466,400
Exploration and development costs 718,600 80,100 889,900 294,500
Impairment of mineral claims and leases 9,242,100 - 9,242,100 -
Accretion expense 33,500 43,300 67,000 86,600
Asset retirement obligation - 935,200 - 935,200
Debenture conversion expense - - 448,200 -
Loss on asset disposals (2,700) (800) (2,700) (800)
Other income (expense), net 50,100 (188,100) 41,600 (88,400)
Net loss ($10,977,100) ($ 2,402,700) ($13,285,000) ($6,279,200)
Net loss per share ($0.32) ($0.09) ($0.41) ($0.23)
Weighted average shares outstanding 34,510,500 27,985,900 32,401,100 27,181,900
CASH FLOW
Cash and cash equivalents, beginning of period $6,234,600 $ 9,326,300 $ 4,638,300 $ 4,139,800
Net cash provided by (used in) operating activities (1,123,100) 421,200 (1,684,900) (1,953,900)
Net cash used in investing activities (21,500) (800) (36,300) (382,000)
Issuance of common stock and warrants - 393,300 3,100,900 8,341,000
Payments on debt and other obligations (4,000) (1,041,400) (932,000) (1,046,300)
Cash and cash equivalents, end of period $5,086,000 $ 9,098,600 $5,086,000 $9,098,600
PRODUCTION AND SALES DATA
Gold production (oz) 2,334 14,551 4,968 20,233
Gold sales (oz) 2,607 14,805 4,972 19,345
Per ounce amounts:
- Average realized price $436 $394 $430 $391
- Average market price (COMEX) $428 $393 $428 $401

[SOM.you.]

RE: sisco

rein kopieren ist etwas nervig, eine Kurze und knappe zusammenfassung auf Deutsch wäre einfacher.

SO muss ich doch alle Filings lesen.

Dachte du wärst mit der Aktie vertraut ?

SOM

[SOM.you.]

RE: Canyon

ich sehe das so :

prdoziert wird so gut wie nichts. nur ein paar Unzen in Briggs.
- Hycroft ist gestorben.
- Entwicklungsstadien sind in Reward und Seven-up
möglicher Produktiopnsbeginn ?

- McDonald
keine Anhung ob und wenn ja wann sich hier etwas tuen kann.

Bisher ist mein Eindruck :

Ein Geldvernichter, der ein Wunder bei McDonald braucht ..oder ?
Die Schulden sind ja noch im Rahmen...


SOM

[Dersisco]

[posting]18.452.542 von SOM.you. am 26.10.05 13:36:51[/posting]Bei canyon wird es nur hop oder top geben.Meine Hoffnung setze ich auf das McDonald Projekt.Hier wird es sich entscheiden und ich glaube an eine gute Lösung.Entweder ein anderes verfahren mit einem neuen partner oder ein verkauf der Mine.Beides würde die Aktie wohl schnell verdoppeln.Das Potential bei McDonald ist einfach gigantisch.So etwas wird nicht einfach im Boden liegengelassen.Der Vorstand arbeitet schon länger an einer Lösung und ich erwarte diese auch noch in diesem Jahr.Natürlich überwiegt hier der spekulative Charakter,aber ich glaube an einen schnellen 100%er.
Gruß

[Dersisco]

Mit dem goldpreis bei 483 sollten wir heute zumindest einen Test bei 0,85 US$ kommen.

[Dersisco]

So jetzt sind wir wieder dran.Wenn das Gold jetzt Richtung 390 geht werden wir durchbrechen.Dann gehts nach 1,20US$.
Gruß

[Dersisco]

[posting]18.864.752 von Dersisco am 18.11.05 12:21:23[/posting]Nein bitte 490! Nicht 390,sonst wären wir bei 0!

[Dersisco]

Endlich ausgebrochen!!!!!!!!!!!!!

[TafkaLDS]

und kaum jemand merkts. yippieeeaeh, schweinebacken *gg*

[Dersisco]

[posting]19.043.256 von TafkaLDS am 28.11.05 09:29:11[/posting]
Kursziel 1,20US$