CASTLE GOLD Corp. -- Produzent und Explorer - 500 Beiträge pro Seite (Seite 2)

[james_mg11]

> die beiden letzten News stimmen mich trotz 15% Minus im Depot wieder sehr positiv.
...

2008-08-11 08:12 0.40 News Release Castle completes commissioning stage at El Castillo
...

2008-08-20 07:47 0.40 News Release Castle Gold's El Castillo at 752,000 ounces Au P+P
...

>>> Ich wollte doch gerne den Beitrag Nr. 500 schreiben... <<<

Da hatte ich wohl die neueste Meldung noch nicht gesehen (trotz "latentem" Fenster für 'StockWatch'... tss tss tss) !

Naja - schönen Dank.

Und jetzt darf es wirklich langsam 'mal wieder stetig nach Norden gehen !!!

[Wiewel2005]

20% in 2 Tagen

[BeWu]

Antwort auf Beitrag Nr.: 34.797.698 von Wiewel2005 am 21.08.08 16:51:12

Bei einem astronomisch hohen Volumen von zur Zeit 68000

[Wiewel2005]

Antwort auf Beitrag Nr.: 34.800.904 von BeWu am 21.08.08 21:25:37

Du wirst mir diese phänomenalen News der letzten Wochen nicht miesmachen können egal was du als frustrierter RSM Investor versuchst. Gibs zu du hast wegen 90% minus bei Bullvestorflop RSM kein Geld mehr zum umschichten in die gute alte CSG.

[BeWu]

Antwort auf Beitrag Nr.: 34.801.458 von Wiewel2005 am 21.08.08 22:27:19

Wiewel, auf dieses Niveau lasse ich mich nicht ein. Es ist durchaus möglich, dass CSG, wie alle Gold-Juniors gnadenlos nach unten geprügelt, bald wieder in den Steigflug übergeht.
Aber: Das Volumen muss schon stimmen, sonst sind es halt nur Zufallskurse, und wenn du die rosarote Brille mal für einen Moment abnimmst, dann wirst du mir Recht geben.
Zur Erinnerung:

68000 X 0,46 = 31000 CAD = 19840 Euro Tagesumsatz

Sorry, wenn ich Dir die Festlaune verdorben habe.

P.S: Bullvestor hat mich noch nie interessiert, wenngleich ich zugeben muss, dass mich morchel zu den Anfängen der Tournigan-Story schon beeindruckt hat. Aber das ist schon lang Geschichte.

[Wiewel2005]

Antwort auf Beitrag Nr.: 34.801.871 von BeWu am 21.08.08 23:19:15

als es mit 2000 CAD Tagesumsatz runterging warst du auch fein am brüllen...
du machst es dir schon passend
Und wie gesagt meine "Festlaune" bleibt, ich habe exakt was ich haben will ...Die Mienen (man beachte den Pluuuuural ) laufen super und jetzt hat man auch noch genug Ressourcen um entweder 50 Jahre zu produzieren oder ein bombiges Upgrade durchzuführen.

Produktionszahlen und P&P Ressourcen kennt man bei RSM ja leider gar nicht, aber is oke, du darfst immer mal durch Rainolaus angelockt vorbeischauen und mitreden.

P.S. bei RSM is ja grad wieder richtig Stimmung im Thread. Machst du auch bei dieser USA Sammelklage gegen die Firma mit Ihr seid mir schon welche echt ....

[BeWu]

Antwort auf Beitrag Nr.: 34.802.080 von Wiewel2005 am 21.08.08 23:41:12

Selbst wenn du hier den agent provocateur mimst: Das Volumen nach Veröffentlichung der voraussichtlichen Produktionszahlen ist äußerst bescheiden.
Erstaunlich, wie hier der Adrenalinspiegel steigt, wenn man an der Performance dieser Gold-Miene auch nur leiseste Kritik übt.

Respekt.

PS: Jemand, der sich so vehement für ein Unternehmen ins Zeug legt, sollte wenigstens die Orthographie des betreffenden Sektors beherrschen, aber selbst da hapert es. Bleibt also nur noch, gute Miene zum bösen Spiel zu machen.

[Wiewel2005]

Antwort auf Beitrag Nr.: 34.802.550 von BeWu am 22.08.08 00:44:08

Wenn man keine Argumente hat muss die Rechschreibung her.... Der Klassiker
Da brauch ich dann wohl nicht drauf eingehen......

[BeWu]

Antwort auf Beitrag Nr.: 34.804.598 von Wiewel2005 am 22.08.08 06:40:41

Bei der Rechschreibung ist das auch nicht nötig

Doch lassen wir das. Ob du es glaubst oder nicht, ich würde mich für euch freuen, wenn das Ding durchstartete. Vielleicht kommt ja endlich mal Volumen in den Kursanstieg, sonst wird die Hype aus meiner Sicht nicht von langer Dauer sein.

Gruß

[Wiewel2005]

Antwort auf Beitrag Nr.: 34.785.014 von james_mg11 am 20.08.08 22:08:27

Clarifire08/20/2008 2:22:13 PM | | 175 reads | Post #23669469:

At $1000+ Gold. Recalculation…



52000 Oz. El Castillo X $630 ($1000 - $370 cost) = $32,760,000.

6000 Oz. El Sastre X $800 ($1000 - $191 cost) = $4,800,000.



Total projected estimated potential annual Cash Flow = $37,560,000



Corresponding annual C F P S (CF/88M Shares FD) = $0.4268

Projected estimated potential Share Price (10X CFPS) = $4.2680



That’s more than 10X current 40 cent price potential.



Potential Boosters: From The Report:



1. potential for further increases in production and reduction in costs through pit optimization and efficiencies ( Read: $630 margin may increase)

2. opportunity to further increase resources and reserves through additional in-pit drilling plus step-out drilling beyond updated pit limits.

3. La Fortuna gold-silver-copper project in Mexico.

4. Any positive developments at El Sastre.



A look at Resource Valuation.



El Castillo from the Report:

Measured and Indicated resources to 1,177,344 ounces of gold

Add El Castillo inferred 12,500 oz.

Add El Sastre MI & I 85,000 oz.

Add La Fortuna Report due Aug: 200,000 oz. ?
(322,000 Gold nc est. 470,000 Gold Equivalent G + S +C)

Add El Arenal zone Inferred 38,000 oz.



Total secure ounces (my estimate) 1,500,000 ounces Gold


Addition Pending negotiations:



Add Bridge zone 34,850 oz.

Add Lupita zone 259,000 oz.



Expansion potential: See Potential Booster #3 above. +293,850 Oz.
El Sastre & El Arenal are thought to be possibly connected = expansion potential.


La Fortuna possible 470,000 G/Eq ounces if confirmed = +270,000 Oz. over my estimate.



Expansion Summary: Depending on the two zones in question, La Fortuna and pit extensions near term resource total could reach over 2 million ounces Gold.



Current Valuation: 1,500,000 ounces valued at $24/ounce. A $200/Oz. Valuation would require a share price of $3.40 or 8+X current price.



If a 2 million oz. resource can be proven up or secured, a $200/Oz. Valuation would require a share price of $4.50 or 11X current price.



Note: Calculations based on current fully diluted 88 M shares.



END CALCULATION


There you have it Castle residents. While the above numbers depend on a number of factors beyond our control such as the Gold price and market conditions, as well as continued progress at Castle Gold, a number of reputable analysts feel very strongly about a Gold price well in excess of $1000 as early as this year and up to 2012. Not often can one project a possible Ten X on reasonably attainable numbers. However it turns out I am quite satisfied with the risk/reward here and remain fully long.



All the above are only my observations as well as part of my DD for investing in Castle Gold Corp. The best to everyone in all your investment choices.



Clarifire

[Wiewel2005]

Castle Gold loses $316,377 in Q2 2008


2008-08-28 12:50 ET - News Release

Mr. Thomas Atkins reports

CASTLE GOLD REPORTS SECOND QUARTER FINANCIAL RESULTS

Castle Gold Corp. has released its second quarter 2008 financial results and operational highlights for the three-month and six-month periods ended June 30, 2008. The consolidated financial statements and related notes, along with the management's discussion and analysis, have been filed on SEDAR and can be viewed on the company's website.

Highlights for the second quarter of 2008


James Mark Plaxton, Leonard Harris and Milton Baehr were appointed directors of the corporation, with Mr. Plaxton additionally being appointed chairman of the board. Edward Thompson resigned as a director.
Thomas Atkins was appointed president and chief executive officer, and Federico Alvarez was appointed vice-president, operations.
Subsequent to the end of the quarter, Janet O'Donnell was appointed chief financial officer, and Rory Quinn was appointed manager of investor and public relations.
Subsequent to the end of the quarter, the company announced that, effective July 1, 2008, commercial production was achieved at the El Castillo mine, Mexico.
Subsequent to the end of the second quarter 2008, the company issued a press release announcing the completion and filing of an updated NI 43-101 resource and reserve report demonstrating an increase in gold resources and reserves, and recommended increasing annual production rates among other recommended activities to expand resources and reserves and improve operating efficiencies.

[Rainolaus]

Antwort auf Beitrag Nr.: 34.897.244 von Wiewel2005 am 28.08.08 19:55:13

ich glaube die dürfen keinen Gewinn machen. das würde gegen die Genfer Konventionen verstossen.

[james_mg11]

Wo sind denn alle ?

...keine Lust, bei DEM Goldpreis zu schreiben?
Wo bleibt das Vertrauen, dass unsere indischen Freunde wieder "ganz viel" heiraten und deshalb jedes verfügbare Gramm Gold kaufen(werden)?

Heute jedenfalls Start in Kanada mit:

Time Ex Price Change Volume Buyer Seller Markers
09:31:48 V 0.395 +0.025 10,500 33 Canaccord 33 Canaccord K

09:31:48 V 0.39 +0.02 3,500 33 Canaccord 33 Canaccord KL

'Mal wieder versucht ein 'Händler', den Preis hochzubekommen, um dann später günstiger 'einzufahren'???
(m. M.)

Wo bleibt eigentlich eine "aufbauende" Meldung nach der letzten (Pflicht-)Veröffentlichung?
Ich würde mir so etwas jedenfalls wünschen...

[james_mg11]

Meldung von heute Morgen (Ortszeit Can.):
[aus: Stockwatch]

"
...
Castle Gold drills 31.2 m of 5.52 g/t Au at La Fortuna

2008-09-11 07:37 ET - News Release

Mr. Thomas Atkins reports

CASTLE GOLD REPLICATES HISTORIC DRILLING AT ITS LA FORTUNA GOLD-SILVER-COPPER PROJECT, MEXICO THEREBY FACILITATING NI 43-101 RESOURCE STUDY

Castle Gold Corp. has released the results from the company's recent drill program at the La Fortuna project located in Durango, Mexico. According to the company's independent qualified person, the results from the six diamond drill holes, positioned to twin historical drill holes, correlated very well with the results from the previous exploration work completed at the site. Consequently, the validity of the historic data base has been confirmed as an adequate representation of the potential mineral resources contained within the deposit. On this basis, the company is in the process of recalculating the historic mineral resources to National Instrument 43-101 standards. The twin-hole drilling program follows recommendations made in a March, 2007, technical report recommending such drilling to verify the historic data base. The historic database includes 121 diamond drill holes for a total length of 18,900 metres and eight levels of near-horizontal underground development for a total of approximately 2,000 metres with each level separated by approximately 20 to 30 metres of vertical relief and five levels accessible by adits.
...
"

=>
Schön, schön, es wird also nicht weniger (Gold)Reserven geben.
Eine (weitere!?!) NI 43-101 - Ressource ist ja auch nicht zu verachten.
Hoffentlich lässt die sich auch zu vernünftigen Preisen fördern und verkaufen...

[james_mg11]

Und hier noch einer...
[Hab' ich erst heute gefunden...]
[ebenfalls von StockWatch]

"
...
Castle Gold director Millar resigns, retires

2008-09-10 15:32 ET - News Release

Mr. James Plaxton reports

CASTLE GOLD ANNOUNCES CHANGE TO ITS BOARD OF DIRECTORS

Castle Gold Corp.'s Chester F. Millar has resigned/retired as a director of the company.

Over the past five years, it has been a tremendous opportunity for all of those at Castle Gold (previously Morgain Minerals), as well as the company's shareholders, to have had Mr. Millar head up the initial 30,000 bulk, heap-leach tests, small, mine start-up, and then gradual development and ramp-up to commercial-scale production at the El Castillo gold mine in Durango, Mexico. During this time, Mr. Millar, now 81 years of age, has passed on his experience, judgment and vast knowledge of building a successful heap-leach gold mining operation and gold mining company, to Castle Gold's experienced team of next-generation mine builders, operators, management and directors.

Mr. Millar, is a pioneer of heap-leach gold production. He began his career in the mining industry in the mid-1960s and is considered one of the mining industry's most successful mine builders. He assisted in transforming Glamis Gold and Eldorado Gold Corp. from junior exploration companies into substantial gold producers with global operations. Mr. Millar served as chairman of Glamis Ltd. from 1985 to 1998, chairman of Eldorado Gold Corp. from 1992 to 1994, and chairman of Alamos Gold Inc. from 1996 to 2003. Since then, Mr. Millar has focused his efforts on advising the Castle Gold mine development and operations teams on the successful start-up, development and expansion of the El Castillo gold mine to commercial production. Recently, during this time with Castle Gold, Mr. Millar was inducted into the Canadian Mining Hall of Fame.
...
The board of directors unanimously approved the company's 2008/2009 business plan and budget that maps out management's plans for expanding gold production, advancing exploration programs with the objective of increasing resources and reserves at the El Castillo and El Sastre gold mines, advancing exploration activities and the economic assessment of the El Arenal and La Fortuna projects, as well as initiating significant investor and public relations work. The entire board was very impressed with management's business plan and budget, which clearly demonstrate the potential for significant net earnings per share to be realized by Castle Gold shareholders toward the end of 2009 and onward.
...
"

Das soll ja wohl heißen, dass - lt. Planung der Geschäftsleitung (oder bedeutet Board of Directors doch noch etwas anderes?) - Ende 2009 mit einer Dividende zu rechnen ist
oder
heißt es, dass dann auch mit einem "realen Wertzuwachs" - außerhalb der Börsenspielereien - zu rechnen ist ???

[james_mg11]

Auch wenn keiner mehr reagiert...

Das ist ja wohl die "Krönung" :
(oder wissen die Can.s mehr?)

Recent Trades - Last 10
Time Ex Price Change Volume Buyer Seller Markers
13:46:08 V 0.25 -0.11 500 2 RBC 46 Blackmont K

13:44:16 V 0.29 -0.07 5,000 2 RBC 46 Blackmont K

13:44:13 V 0.29 -0.07 1,000 7 TD Sec 46 Blackmont K

13:39:21 V 0.325 -0.035 3,000 7 TD Sec 46 Blackmont K

13:39:21 V 0.33 -0.03 5,000 2 RBC 46 Blackmont K

12:26:28 V 0.365 +0.005 10,000 88 E-TRADE 79 CIBC K

11:05:30 V 0.365 +0.005 500 7 TD Sec 79 CIBC K
09:30:48 V 0.365 +0.005 10,000 1 Anonymous 7 TD Sec K

09:30:48 V 0.37 +0.01 10,000 88 E-TRADE 7 TD Sec K

09:30:04 V 0.38 +0.02 10,000 88 E-TRADE 1 Anonymous KL



<fing ja ganz gut an - aber jetzt überhaupt nicht mehr...>

[james_mg11]

<Alleinunterhalter ein>
Am "schwarzen Montag" ging's ja für CSG doch sehr glimpflich aus!
(finde ich!)
Viele haben wieder gelitten und Verluste hinnehmen müssen.
Natürlich war das Volumen nicht sehr groß - aber es gab keinen "Rutsch" nach unten im Kurs.
Wenn's so bleibt und sich langsam 'mal wieder aufrappelt, dann soll's mir nur recht sein...
Schließlich waren es - auch mit/bei dem letzten Quartalsbericht - nicht wirklich schlechte Nachrichten zuletzt.

[james_mg11]

Meldung [in: Stockwatch.com] von Heute:

Castle Gold reviews advisory committees, new policies

2008-09-26 07:58 ET - News Release

Mr. Thomas Atkins reports

CASTLE GOLD PROVIDES UPDATE ON CORPORATE RESTRUCTURING INITIATIVES

Castle Gold Corp. has released an update on the company's restructuring initiatives.

At Castle Gold's most recent board of directors meeting, the board of directors unanimously approved the formation of two advisory committees, specifically:

Mergers and acquisitions advisory committee (M&AAC): The M&AAC comprises three non-management members: Richard J. Adams (chairman), James Mark Plaxton (member), plus a third member being an experienced, independent mining industry M&A professional to be appointed in the future (several candidates are currently being reviewed). The M&AAC will work with management's three-person M&A team lead by Thomas Atkins, president and chief executive officer of Castle Gold, to represent the shareholders' best interests in advancing all M&A opportunities through an efficient team effort. The objective of the combined six-person team is to seek out and advise on candidates for potential mergers or acquisitions by or of the company, provide increased M&A networking, analysis, and access to legal and advisory services, in an effort to increase efficiencies in the advancement of multiple M&A opportunities.
Finance advisory committee (FAC): The FAC comprises three non-management members: James Mark Plaxton (chairman), Milton Baehr (member) and a third member being an experienced, independent mining industry financial professional to be appointed in the future (several candidates are currently being reviewed). The FAC will work cooperatively with Mr. Atkins, president and chief executive officer of Castle Gold, and Janet O'Donnell, the company's chief financial officer. The FAC is mandated to work with the management of the company to seek out solutions to optimize the use of the company's balance sheet to meet its development and growth objectives through an efficient team effort.

James Mark Plaxton, chairman of Castle Gold, commented on the creation of these committees, stating: "The board and management recognize the shocks to global capital markets that have taken place over the course of this year, and especially in the past few weeks. As a result of these events, Castle Gold wants to ensure we have the best collective wisdom we can bring to the table to address the challenges and the opportunities such events create. In this regard, the formation of these committees helps to ensure we advance financial and business development activities as a concerted and focused effort to ensure that maximum shareholder value can be created and that such activities are conducted with the highest levels of transparency and corporate governance."

Additionally, at Castle Gold's most recent board of directors meeting, the board of directors approved the chairman, director, and committee chair/member compensation policy as presented by James Mark Plaxton, the chairman of the compensation and nominating committee (C&NC). The compensation policy more effectively ties remuneration for all board, and committee chairs and members, to their positions, responsibilities and meeting attendance. Pursuant to the compensation policy, the members of the board of directors received a total of 825,000 stock options in relation to their positions on the board of directors and its committees for the 2008/2009 annual general meeting year. These stock options were granted on Sept. 11, 2008, at an exercise price of 36 cents per share, approximately a 20-per-cent premium to the closing price on the day of the grant and equal to the trailing five-day closing price average. Similar to other option grants, these options have a five-year term from the grant date.

The corporate governance committee (CGC), consisting of Leonard Harris (CGC chairman and former chair of industry standards organizations such as the Mining Task Force of the Chamber of the Americas and the international committee of the SME) and James Mark Plaxton (CGC member) is mandated to review and advance, or in some instances, incept the following corporate governance policies and plans:

Whistleblower policy;
Directors orientation and continuing education policy;
Board, committee, and management structure and procedures policy;
Management succession plan;
Shareholders rights plan.

All of these governance policies and plans are scheduled to become republished or published in the fourth quarter of 2008 and made available on the Castle Gold website.
...

Das hört sich an, als ob jetzt professionell in Richtung Finanzen und share holders gearbeitet werden sollte...!

[james_mg11]

Verglichen mit anderen (Dingen/Produzenten/Banken/"dem Markt"/was_weiß_ich) sieht die CSG im Depot ja noch "gut" aus...
Alles in allem ist's aber doch zum

Aber: Warten wir den nächsten bericht ab...

[james_mg11]

Antwort auf Beitrag Nr.: 35.466.463 von james_mg11 am 07.10.08 23:39:57

"Aber: Warten wir den nächsten bericht ab..."

Da könnte/SOLLTE ja auch etwas über erzielte Preise stehen, die SO schlecht ja nicht (gewesen) sein können!
Schau'n wir 'mal!

--- Gold gerade bei $900 ---

[james_mg11]

Antwort auf Beitrag Nr.: 35.472.127 von james_mg11 am 08.10.08 10:34:30

<Alleinunterhalter ein>

> ...
> --- Gold gerade bei $900 ---
> ...

Gold gerade bei gut EUR 920
!


CastleGold hält sich weiterhin.

Find' ich gut.

<Alleinunterhalter aus>

[james_mg11]

Heute dürfen die Kanadier wieder !
Hoffentlich sehen die auch ein, dass "das Leiden" jetzt ein Ende haben sollte - es ist Zeit, langsam wieder in Substanz-haltige Unternehmen zu investieren.
Bin 'mal gespannt auf die nächsten Daten von CSG...

[james_mg11]

Naaaaa.....

Was macht denn das kleine Gold-Schätzchen?
Passt sich den (Markt)Gegebenheiten an und "senkt die Preise"!?!!
Wird Zeit, dass es 'mal wieder (positive) Nachrichten gibt.
Wobei ich mir nicht vorstellen kann, dass da etwas wirklich Negatives warten könnte.

Interessant wären Ergebnisse und Quartalszahlen...

Vielleicht im November / Anfang Nov. ???

Hoffentlich !

Das Jahr kann doch nicht so mies enden !




[Ein bisschen mehr VW für alle...]

[Wiewel2005]

Antwort auf Beitrag Nr.: 35.729.547 von james_mg11 am 28.10.08 13:53:37

Castle Gold Announces Stock Repurchase Program

TORONTO, ONTARIO, Nov 5, 2008 (Marketwire via COMTEX News Network) --
CASTLE GOLD CORP. (Castle Gold, the Company) (TSX VENTURE:CSG) is pleased to announce authorization and implementation of a stock repurchase program also referred to as a Normal Course Issuer Bid under the rules and policies of the TSX Venture Exchange.

Castle Gold Corp. announced today that its Board of Directors has authorized the repurchase of up to 10% of the public float (excludes escrowed or other non-transferable securities and securities held by senior officers, directors and 10% security holders (i.e. 7,028,820 Shares)) as allowed under a Normal Course Issuer Bid, and up to a maximum purchase price of $1.20 CAD per share.

The Company may purchase shares from time to time on the open market or in negotiated purchases. The timing and amounts of any such repurchases will be at the discretion of the Chairman, subject to market conditions and other factors, and will be in accordance with applicable securities laws and other legal requirements. The stock repurchase program will be affected through BMO Nesbitt Burns but does not obligate the Company to acquire any specific number of shares and may be discontinued at any time.

Chairman James Mark Plaxton stated: "The Board's authorization of the share repurchase program reflects its confidence in Castle Gold's business (e.g. its two producing gold mines, the potential of its gold production ramp up currently underway, ongoing gold project development work currently underway, and most importantly its people's abilities (i.e. the mine building, operating, and management teams) and its belief that Castle Gold shares are significantly undervalued. Furthermore, this program rewards the loyalty of long-term shareholders by reducing the number of shares outstanding while providing liquidity to other investors that may be forced to sell due to the current global credit crisis. There is a leveraged effect on earnings per share over time by reducing shares outstanding (S/O) (e.g. 75,310,782 - 7,028,820 equals 68,281,962 S/O); such programs have the effect of boosting reported earnings per share when the company reports results.

Despite Castle Gold Corp.'s recent achievements, its stock price, along with so many other publicly traded companies, has been recently affected by extraordinary market conditions. We are acutely aware that our current share price in no way reflects the Company's current strengths and growth potential. We as well as many other fundamentally sound companies are caught up in events not of our making and, as a result, our stockholders have been unfairly penalized. Be assured, however, we are a strong and resilient company and we will continue to improve and grow. We have achieved a great deal and are well positioned to restore shareholder value."

- The company has been producing gold for over a year from two mining operations, the first being the small high grade El Sastre Gold Mine in Guatemala and the second being the El Castillo Gold Mine in Mexico with Castle Gold's total equity ounces of production currently at 20,000 to 25,000 ounces of gold per annum;

- Commercial Gold Production at the El Castillo Mine in Mexico was achieved on July 1st, 2008 and the initial expansion phase is underway that will enhance production to a sustainable 25,000 to 30,000 ounces per annum, expected in early 2009;

- A second phase expansion at the El Castillo Gold Mine in Mexico, expected to be phased in during the second half of 2009, has the potential to enhance annual gold production to in excess of 50,000 ounces;

- Current NI 43-101 compliant proven and probable reserve estimates stand at 46.8 million tonnes at 0.5 grams per tonne for 752,000 ounces of contained gold at El Castillo alone with potential for further increases in resources and reserves through additional in-pit and near-pit, in-fill drilling;

- At Castillo there is the potential for further increases in production and further reduction in costs as a result of pit optimization and efficiency activities, studies on which are currently underway; and

- Studies are underway to determine the potential to both increase gold-silver-copper resources and determine the scope of commercial development at the Company's wholly owned La Fortuna property in Mexico.

The Board of Directors of Castle Gold has issued a resolution effectively locking-down the treasury shares for the foreseeable future. Meaning no new shares will be issued in the foreseeable future. Only non-dilutive financing facilities will be pursued by management and subject to the review of the Finance Advisory Committee and final approval by the Board of Directors of the Company.

In addition, no directors, officers or insiders of the issuer, or any associates of an insider or any associates or affiliates of the issuer, are permitted to sell Shares during the term of the Share Repurchase Program.

[jessima]

Antwort auf Beitrag Nr.: 35.845.406 von Wiewel2005 am 05.11.08 21:22:52

Diese News sind sehr beruhigend finde ich. Ich hatte schon angefangen meine Investion in diese Aktie in Frage zu stellen. Jetzt kann ich viel besser damit leben. Ein paar zahlenmäßige Infos sind ja auch dabei. Bleibt noch abzuwarten, wie die Quartalszahlen im einzelnen aussehen. Aber das Rückkaufprogramm dürfte ein weiteres Abdriften der Aktie verhindern bzw. abmildern.

[Wiewel2005]

!

Dieser Beitrag wurde moderiert. Grund: auf eigenen Wunsch des Users

[jessima]

Antwort auf Beitrag Nr.: 35.857.456 von Wiewel2005 am 06.11.08 18:33:30

Audiiii mail????????????????????? Keine Ahnung wovon du redest. Kann es sein, dass du mich verwechselst?

[james_mg11]

Wenn das umfeld nicht so bescheuert wäre, könnte man 'mal jubeln...

NI 43-101
für
La Fortuna !

:


[aus: TSX.COM]

Castle Gold Files NI 43-101 Technical Report on La Fortuna Project, Indicated Resources Total 308,000 Ounces Contained Gold

2:47 PM ET, November 12, 2008


TORONTO, ONTARIO, Nov 12, 2008 (MARKET WIRE via COMTEX) -- CASTLE GOLD CORPORATION (Castle Gold, the Company) (CSG) is pleased to announce the results from the National Instrument 43-101 mineral resource report, entitled: "La Fortuna Project, Durango, Mexico - Updated Technical Report", written by Toren K. Olson, P.Geo. and filed on Sedar (www.sedar.com) which incorporates results from recent drilling completed at the site. The La Fortuna deposit is a large approximately 10,000 hectare wholly owned gold-silver-copper advanced-stage exploration project located in northwestern Durango State, Mexico. The intention of the new report was to upgrade the historical resource information for the project under the standards dictated by national Instrument 43-101. From this work, a National Instrument 43-101 compliant Measured and Indicated resource of 4.8 million tonnes grading 1.98 grams per tonne gold for a total of 308,000 ounces of contained gold (0.5 gram per tonne cut-off grade) was identified. This compares to a historical, non-NI 43-01 compliant resource of approximately 4.45 million tonnes grading 2.25 grams per tonne gold (322,000 contained ounces) at a similar 0.5 gram per tonne cut-off. Resources at varying cut-off grades are illustrated in Table 1 - Measured and Indicated Resources, La Fortuna Deposit, Durango State, Mexico.


Darren Koningen, Vice President Project Development at Castle Gold commented on the results from the recent resource study stating: "These results are well within our expectations. Having confirmed the historical data base with the recent twin drilling, we now have a higher level of confidence in the extent and quantity of gold at the project. As part of our activities to improve our understanding of the economic potential of the deposit, we continue to advance our metallurgical test program investigating alternative scenarios for the recovery of gold, including: heap leaching, grinding and flotation, gravity concentration and mineral sorting. We hope to report results from this program shortly. Beyond this fundamental work, we remain intrigued by some of the high grade intersections coming from the project. Holes like LF 003 and LF 007 intersected 44.2 metres and 51.3 metres, respectively grading 6.4 and 7.4 grams per tonne gold plus silver and copper values. These holes and others like them continue to offer the potential for a rich mineralized system, the dimensions and grade of which is only initially understood."

Table 1.
Measured and Indicated Resources, La Fortuna Deposit, Durango State, Mexico
----------------------------------------------------------------------------
Measured Indicated Measured & Indicated
----------------------------------------------------------------------------
Cut-off Grade Tonnes Au Tonnes Au Tonnes Au Au Oz.
(g/t) (000) (g/t) (000) (g/t) (000) (g/t) (000)
----------------------------------------------------------------------------
0.8 1,322 3.33 2,681 1.73 4,003 2.26 290.8
----------------------------------------------------------------------------
0.5 1,538 2.96 3,287 1.53 4,824 1.99 308.1
----------------------------------------------------------------------------
0.3 1,538 2.96 3,669 1.41 5,207 1.87 313.1
----------------------------------------------------------------------------




Note: Based on a total of 127 drill holes comprising 19,400 metres, including 121 original holes 18,885 metres plus 6 twin holes comprising 515 meters. The six twin holes were drilled to verify previous drilling at the La Fortuna project. A total of 7,006 samples were used each generally representing 2 metres of core length. Assays normally included gold, silver and copper, however, in some cases silver and copper values were not available and as a result of the inconsistency of this sampling resources of silver and copper were not calculated. The previous assays for the most part were carried out by Bondar Clegg of Vancouver, B. C. with the remainder of the samples processed by SGS Laboratories. The twin hole drilling program assays were analyzed by ALS Chemex.

Recommendations from the Report

The technical report recommended that the following work be conducted to further advance the project with the goal of expanding the known resources and producing a National Instrument 43-101 compliant reserve.

1. Relocate as many of the previous exploration drill holes as can be identified and establish their coordinates based on the new aerial survey work. At the same time confirm the azimuth and dip of the holes.

2. Adjust exploration database with new exploration drill hole coordinates.

3. Revise resource model with new coordinates.

4. Additional metallurgical testing to further establish the process method and parameters.

5. Phase 1 step-out drilling to test a combination of down-dip and strike extensions of known mineralization and the potential for parallel mineralized structures. Approximately 15 holes.

6. Review geological mapping and interpretation of deposit.

7. Update / revise geological model, following the completion of items 1-6.

8. Geotechnical study for slope stability of pit walls and waste dumps or underground workings depending on mining methods.

9. Generate reserve report and mine plans.

10. Geochemical and geophysical studies.

The report estimated a budget of approximately US$1.0 million for this program, US$700,000 of which was for the Phase 1 step-out drilling program. The Company is currently advancing a number of the recommendations which it believes will assist in better targeting locations for the step-out drilling, including compilation of the historic drill, geophysics and geochemical data base. No firm date is set for the commencement of additional drill work, but it is expected that most of the other recommendations will be completed in the first quarter of 2009 whereupon management believes they will have gained the necessary insights into the project which would permit them to more confidently target priority locations for follow-up exploration.

In addition to the La Fortuna deposit, additional areas of mineralization are known on the property, including:

- The La Tocaya zone which lies approximately 200 metres east of La Fortuna where strong sulphide mineralization is hosted within an approximately 15-20 meters wide and 60-70 meters long major northwest trending fault which includes trace to 1% pyrite, chalcopyrite and malachite.

- The Meloncita East zone which lies approximately 600 metres south-southwest of the La Fortuna Mine where a geological mapping and sampling program outlined quartz tourmaline and quartz tourmaline breccia alteration zones approximately 20 to 40 meters wide extending approximately 700 meters to the south end of the La Fortuna mine area. These alteration zones are very similar to the alteration and mineralization found at the La Fortuna mine main surface showing and contain highly anomalous gold values.

- The La Cantarana prospect lies 1.9 southwest of the La Fortuna mine site and 500 metres southwest of the Meloncita West zone. Historic rock sampling returned anomalous values of up to 6 grams per tonne gold over an area covering approximately 300 metres by 50 metres.

- The El Toro prospects are located about 3.5 kilometres west-northwest of the old San Fernando plant site (location of historic processing facilities for La Fortuna mined material). Some pyrite, chalcopyrite and copper carbonates are present on the dump of the old mine workings and in a caved adit. The limonitic zone is reportedly 150 metres wide and 700 metres in length. Historic results include a 1 metre sample assaying 28.4 grams per tonne gold and 283 grams per tonne silver. Another sample averaged 4.8 grams per tonne gold and 67.2 grams per tonne silver over a 4 meter length while a dump sample assayed 3.6 grams per tonne gold and over 50 grams per tonne silver.

- The Ramada prospects consist of two groups of showings, the more southerly being covered with overburden except for an exposed 7 metre length of quartz vein, 3.3 metres wide, in which historical assaying delivered 18 grams per tonne gold and 176 grams per tonne silver over a width of 3.3 metres. Further south the vein is exposed in a creek bed and a sample 3.7 metres wide returned results of 4.33 grams per tonne gold and 105 grams per tonne silver.

Portions of the historic geophysical and geochemical database cover a number of these areas. The Company is in the process of analyzing this data to enhance it's understanding of these areas and will consider additional follow-up exploration work once this evaluation work has been performed.

Qualified Person Comments/Quality Control Procedures

This press release has been reviewed by Mr. Toren K. Olson, P. Geo an independent consulting geologist and Mr. Darren Koningen, P. Eng., Castle Gold's Vice President Project Development. Both Mssrs. Olson and Koningen are Qualified Persons under National Instrument 43-101. The design of the above described drilling program was supervised by Mr. Olson and the NI 43-101 technical report was prepared by Mr. Olson.

All gold, silver and copper samples from the 6 hole, twinning diamond drill program were composited into 5 meter down the hole lengths generating 3630 composites. This was done in order to minimize statistical bias in subsequent analysis. It also conformed to the likely mining selectivity. Where analysed for gold, silver and copper, among other elements, drill core from this program was sawed in half with half of the core sent for preparation to ALS-Chemex in Hermosillo, Mexico and analysis conducted by ALS-Chemex Laboratories in Vancouver, Canada using gold fire assays with either Atomic Absorption Spectroscopy ("AAS") or gravimetric finish. Routine gold assays are by 30 gram fire assays and the repeat analyses have been carried out on pulps stored from the initial analyses. In calculating the mineral resources, a mineralized envelope was produced based on a 0.30 g/t gold grade outline. This envelope was initially generated on vertical sections and then transposed to 5 meter interval level plans and adjusted as needed to produce a regular mineralized envelope. These mineral outlines were then used to generate a block model. The block model is based on 5x5x5 meter blocks and covers the entire mineralized area. Each block was assigned a grade for gold, silver and copper using inverse distance weighting with a power of 3. The model was generated in three separate interpolation runs to reduce the risk of smearing the higher grade intervals. The blocks that were interpolated within the first run were all classified as Measured. The blocks interpolated in the second run that are within 35 meters with a minimum of 2 composites were classified as Indicated while all other interpolated blocks are classified as Inferred Resources.

High grade composites were capped as follows: Gold: 15 g/t, Silver: 250 g/t, and Copper: 1.2%. This resulted in only 8 gold, 3 silver and 4 copper composites being capped.

About Castle Gold

Castle Gold Corporation is a growth oriented gold producer with projects focused in the America's. The Company owns a 100% interest in the El Castillo gold mine in Mexico and a 50% interest in the El Sastre gold mine in Guatemala. Castle Gold is also advancing exploration and development work at its La Fortuna gold-silver-copper project in Mexico and at its El Sastre and El Arenal project in Guatemala.

Total Shares Outstanding: 75.3MM
Fully Diluted: 88.9MM
52-Week Trading Range: $0.15 - $0.75




The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Contacts:
Castle Gold Corporation
Thomas Atkins
President and CEO
[phone] or Toll Free: 1-866-646-3274
[phone] (FAX)

Castle Gold Corporation
Rory Quinn
Manager Investor and Public Relations
[phone] or Toll Free: 1-866-646-3274
[phone] (FAX)
Email: [e-mail]
Website: www.castlegoldcorp.com



SOURCE: Castle Gold Corporation

[james_mg11]

...
..
.
Heute und morgen tritt Castle Gold zu einer kleinen Expo an:

"Chicago Resource Expo.
Celebrating 31 Years!

Also known as Chicago Natural Resource Conference and Exhibition, this is one of the oldest natural resource conferences in the United States. The conference is a semi-annual event and offers opportunities to learn about new and undervalued companies in the natural resource industry.

This event is directed by Rich Radez, who started the conference back in 1977. In the summer of 2007, Rich created Global Resource Expos to expand his conference offerings. Starting with fall 2007 show, the Chicago event changed its name to Chicago Resource Expo and became a part of Global Resource Expos. Read the Organizers page for more information.

Pricing and Registration
Public
There is no cost for those who pre-register to attend the conference. You can pre-register for the event online by completing our Public Registration Form. Those who receive our invitation in the regular mail can RSVP by completing the form included in the invite.

If you do not pre-register, you will not be entitled to certain amenities on the day of the event.

Companies

If you are a company, interested in coming to our Expo, check out the Exhibitor Information page for details.
Event Structure

The Expo is held at the Rolling Meadows Holiday Inn and Convention Center in Rolling Meadows, IL. The Holiday Inn is located at 3405 Algonquin Road, Rolling Meadows, IL 60008. The hotel can be contacted at 847-259-5000. It is a two day event that starts on a Friday afternoon, and ends on Saturday afternoon. Friday Afternoon begins with an invitation only "Industry Reception" which is attended by brokers and fund managers from the Chicago area. Friday night features a keynote speaker presentation, followed by a panel discussion on topics that are fueled by the audience's interests. Dinner buffet and shrimp cocktails are served for attendees.

The event resumes on Saturday morning. Attendees enjoy a continental breakfast, and browse the exposition hall learning about companies. In the meantime, individual company presentations begin in the presentation hall. These presentations are a great way to hear each company's story. Lunch buffet is served around noon, and accompanied by the second panel discussion. After lunch, presentations and expositions continue for the remainder of the day.
"

Link:
[http://www.chicagoresourceexpo.com/Home/tabid/167/Default.as…


Hoffentlich hilft's.


Schön wär's!

[jessima]

Antwort auf Beitrag Nr.: 35.946.641 von james_mg11 am 14.11.08 12:59:03

Press Release Source: Castle Gold Corporation

Castle Gold Reports Third Quarter Financial and Operating Results
Thursday November 27, 7:30 am ET


TORONTO, ONTARIO--(Marketwire - Nov. 27, 2008) - CASTLE GOLD CORPORATION (Castle Gold, the Company) (TSX VENTURE:CSG - News) today reported its third quarter 2008 financial results and operational highlights for the three month and nine month periods ended September 30, 2008. The Consolidated Financial Statements and related Notes along with the Management's Discussion and Analysis have been filed with SEDAR (www.sedar.com) and can be viewed on the Company's website at: www.castlegoldcorp.com.
The Company will host a conference call to discuss the period's financial and operating results. The conference call has been scheduled for Thursday, November 27, 2008 at 10:30 a.m. EST, the dial in numbers are:

Local: 416 641-6139; and

Toll free (North America): 1 866 225-2055.

A replay will also be available at dial-in number: 416 695-5800 or toll free: 1 800 408-3053, pass code: 31956. The Company will also post the conference call on its website.

Highlights for the Third Quarter of 2008

- Effective July 1, 2008 commercial production was achieved at the Company's 100% owned El Castillo mine, Mexico.

- Gold production for the quarter totalled 6,542 ounces; 7,281 ounces of gold were sold during the quarter.

- Earnings for the quarter totalled $769,645, or $0.01 per share and the Company generated $1,980,290 in cash flow provided by operations during the quarter.

- An updated NI 43-101 resource and reserve report on the El Castillo mine demonstrated an increase in gold resources and reserves and recommended increasing annual production rates to in excess of 50,000 ounces of gold per annum and implementing activities to improve operating efficiencies.

- A six-hole twin, diamond drill hole program replicated historic drill results at the Company's La Fortuna project, paving the way to a fourth quarter announcement of a NI 43-101 resource study on the project.

- Advisory Committees of the Board of Directors for Mergers and Acquisitions and Finance were created during the quarter to work with management in these areas to the benefit of shareholders. A total of 800,000 options were issued to the directors of the Company as compensation for their roles on these committees. The recognition of the amortization of the fair value of these options was recorded in the current quarter.

Thomas Atkins, President and CEO of Castle Gold commented on the third quarter results stating: "The Company made good progress at the El Castillo and El Sastre mines during the quarter which resulted in positive earnings, cash flow and a stronger balance sheet. The operating teams performed particularly well during the period having been confronted by additional challenges posed by higher than normal precipitation. The Company moved higher volumes of material at El Castillo, constructed a new leach pad and expanded plant capacity to efficiently address higher volumes of liquid from the pads during the quarter. These activities will permit the mine to expand production capacity towards our objective of sustainable annualized gold production of 25,000 to 30,000 ounces of gold from Castillo in early 2009. At higher production rates and as we work through the initial higher strip ratio, we should begin to see reductions in operating costs going forward and higher margins per ounce of gold produced. The operating team at El Castillo are really coming together and are working on a number of activities which are enabling the mine to genuinely perform. With these efforts we look forward to further production increases and efficiencies in 2009 and beyond."

Financial Results

The Company reported consolidated metal revenues for the three month period ended September 30, 2008 of $6,329,649 on the sale of 7,281 ounces of gold consisting of revenues of $5,037,769 on 5,759 ounces from the operations at the El Castillo mine and $1,291,880 (100% - $2,583,760) on 1,522 ounces (100% - 3,044) from the Company's 50% interest in the El Sastre mine. This compares to metal revenues for the same three month period in the prior year of $1,159,044 (100% - $2,318,088) on metal sales from the Company's 50% owned El Sastre gold mine on the sale of 1,625 ounces of gold (100% -3,251). The increase in revenues and gold sales during the third quarter 2008 as compared to the same prior year period is a result of the recording of revenues from the El Castillo mine and the higher average selling price per ounce of gold offset by a 6% reduction in volume of gold sold from the El Sastre mine. Performance during the quarter is particularly impressive given that the third quarter is the rainy season in Mexico and Guatemala and that in spite of the challenges imposed by near record levels of rainfall, the operations produced good volumes of gold at attractive operating costs.

The Company reported earnings for the three month period ended September 30, 2008 of $769,645 or $0.01 share compared to a loss of ($200,314) or ($0.00) for the three month period ended September 30, 2007. Cash flow from operations during the period was $1,980,290 and the Company's cash balance increased to $2,188,947 as at September 30, 2008.

Operating expenses during the quarter were considerably higher than operating expenses for the year earlier similar third quarter period. General and administrative costs were $1,140,780 for the three month period ended September 30, 2008 compared to $271,936 during the three month period ended September 30, 2007. The increases in operating expenses, including general and administrative expenses, relative to the third quarter 2007 primarily reflect the costs associated with the operations of Aurogin, prior to the amalgamation of Aurogin and Morgain Minerals Inc. ("Morgain") on August 28, 2007 to create Castle Gold and therefore does not take into account higher costs associated with the increase in personnel, travel and general office costs as Castle Gold's operations grew with the ramp-up of the El Castillo gold mine in Mexico to commercial production in the quarter (previously held by Morgain) together with costs associated with the El Sastre mine in Guatemala (held by Aurogin). The increase in general and administrative expenses during the third quarter 2008, compared to the third quarter 2007 were related to the costs associated with the new Castle Gold entity, but also included restructuring expenses, the inclusion of costs from the El Castillo mine and the recognition of stock based compensation of $272,558 during the quarter as compared to $nil in the prior year period.

Operating Performance - El Castillo Mine, Durango State, Mexico (100% interest)

During the third quarter 2008 the El Castillo gold mine operated at ore mining rates of 162,000 tonnes per month with 1,245,000 tonnes of material being mined from the open pit of which 486,000 tonnes was ore, having an average cyanide soluble grade of 0.50 g/t gold having been placed on the leach pad. The ore placed was comprised of 344,000 tonnes of run-of-mine ore having an average cyanide soluble grade of 0.34 g/t Au and 142,000 tonnes of crushed ore having an average cyanide soluble grade of 0.91g/t Au. During the quarter, the Company placed an estimated 7,812 ounces of gold in ore on the leach pads of which the Company estimates 4,687 ounces of gold are recoverable for a calculated recovery rate of 60 percent.




Three Months Nine Months
Ended Ended
September 30, September 30,
2008 2008
Operating Statistics (100%) (100%)

Tonnes mined 1,245,000 3,002,000
Tonnes waste 753,000 1,581,000
Tonnes ore-direct to leach pad 344,000 1,012,000
Tonnes crushed and placed 142,000 403,000
Tonnes ore placed on leach pad 486,000 1,415,000
Gold grade (grams/tonne) 0.50 0.51
Gold produced - commercial production (ozs) 4,629 4,629
Gold sales - pre-production (ozs) - 5,251
Gold sales - commercial production (ozs) 5,729 5,729
Average realized gold price per ounce (US$) $875 $875
Cost of sales per ounce sold (US$) $685 $685
Adjusted cost of sales per ounce sold (US$) $585 $585


Gold production for the three months ended September 30, 2008 was 4,629 ounces at a cost of sales per ounce of gold sold of US$685 and adjusted cost of sales per ounce of gold sold of US$585. Gold sales for the three months ended September 30, 2008 were 5,729 ounces at an average realized price of $875 per ounce for gross proceeds of $5,037,769. Gold production figures shown reflect the gold contained in the carbon removed from the gold processing facilities at site. Gold sales in the third quarter included 1,033 ounces that were produced in the second quarter but were in inventory at the end of the second quarter. Any figures reported for gold sales refer to the gold contained in the final refined dore as of the date of the final sale transaction. Due to timing delays associated with final gold refining, any gold produced that has not been fully refined is recorded as inventory until such time as a sale transaction has taken place.

The 1,245,000 tonnes of material mined in Q3 versus 889,000 tonnes mined in Q2 represents a 40% increase in total material mined. At the El Castillo mine the strip ratio (tonnes waste per tonne of ore) during the third quarter of 2008 was 1.55 as compared to the predicted LOM (life of mine) average of 0.6 (current 43-101 reserve report by ACA Howe - August 1, 2008). Consequently, in excess of 460,000 tonnes of additional waste material was mined in the quarter versus what would have been expected should LOM averages have been achieved. At a cost of approximately $1.25/t (mining and explosives) this material represents an added cost to operations of $575,000 in excess of what would have occurred under LOM operating conditions. The costs associated with mining this excess waste material are reflected in the current cost of gold sales (increased costs versus long term averages) of US$685/oz of gold produced. The adjusted cost of sales after correcting for LOM stripping equals US$585/oz gold produced. It is expected that these higher than average costs will continue into 2009 following which the strip ratio begins to decline towards the LOM average.

Production costs at the El Castillo gold mine were also impacted in the quarter by costs associated with the unprocessed gold inventory from the pre-production period (prior to July 1, 2008). This gold inventory at the El Castillo gold mine totalled 6,286 ounces valued at $728 per ounce. This compares to costs of sales per ounce at the El Castillo gold mine during the third quarter 2008 of $685 per ounce or an adjusted costs of $585 per ounce, a difference of $43 and $143 per ounce, respectively, or the equivalent of approximately $50 and $150 per ounce cash cost, respectively during the quarter.

Anomalously high levels of precipitation during the third quarter 2008 resulted in the temporary dilution of gold leach solutions at the site. The company moved quickly to expand the capacity of the gold processing plant during the quarter in order to handle the increased volumes of low grade solution. Consequently, although there were significant reductions in gold production in July and August, some of this lost production was recovered in September with the remainder expected to be recovered in the fourth quarter. Subsequent to the end of the third quarter, rainfall levels returned to seasonal levels.

Operating Performance - El Sastre Mine, Guatemala (50% interest)

Metal revenues for the El Sastre mine for the three month period ended Sept 30, 2008 were $1,291,900 on the sale of 1,522 ounces of gold (Castle Gold's 50% interest) at a cost of sales per ounce of gold sold of US$192. This compares to metal revenues for the same prior year three month period of $1,159,000 on metal sales of 1,663 ounces of gold. Gold production rates during the third quarter 2008 represent a return to more normal levels following the problems in the second quarter related to the completion of a second leach pad at the site. Gold recovery from this new leach pad achieved commercial rates during the third quarter. In addition, ore grades also returned to more long-term average values during the same period as new areas of the mine were put into production.




Three Months Nine Months
Ended Ended
September 30, September 30,
2008 2008
Operating Statistics (50%) (50%)
Tonnes mined 83,500 271,000
Tonnes Waste 42,500 173,500
Tonnes ore-direct to leach pad 29,500 69,000
Tonnes ore-crushed and placed 11,500 28,500
Tonnes ore-placed on leach pad 41,000 97,500
Gold grade (grams/tonne) 2.55 2.07
Gold produced (ounces) 1,913 3,851
Gold sales (ounces) 1,522 4,272
Average realized gold price per ounce (US$) $849 $878
Cost of sales per ounce sold (US$) $192 $209
Adjusted cost of sales per ounce sold (US$) $192 $209


Any figures reported for gold sales refer to the gold contained in the final refined dore as of the date of the final sale transaction. Due to timing delays associated with final gold refining, any gold produced that has not been fully refined is recorded as inventory until such time as a sale transaction has taken place.

About Castle Gold

Castle Gold Corporation is a growth oriented gold producer with projects focused in the America's. The Company owns a 100% interest in the El Castillo gold mine in Mexico and a 50% interest in the El Sastre gold mine in Guatemala. Castle Gold is also advancing exploration and development work at its La Fortuna gold-silver-copper project in Mexico.

Total Shares Outstanding: 75.3MM

Fully Diluted: 88.9MM

52-Week Trading Range: C$0.15 - $0.75

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.



Contact:
Thomas Atkins
Castle Gold Corporation
President and CEO
[phone] or Toll Free: 1-866-646-3274
[phone] (FAX)

Rory Quinn
Castle Gold Corporation
Manager Investor and Public Relations
[phone] or Toll Free: 1-866-646-3274
[phone] (FAX)
Email: [e-mail]
Website: www.castlegoldcorp.com


--------------------------------------------------------------------------------
Source: Castle Gold Corporation

[james_mg11]

Antwort auf Beitrag Nr.: 36.092.952 von jessima am 27.11.08 16:40:26

> ...
> The Company will host a conference call to discuss the period's financial and operating results. The conference call has been scheduled for Thursday, November 27, 2008 at 10:30 a.m. EST, ...

<-- Weiß man etwas Genaueres? (Wollte nicht mit-konferenzieren, weil bei mir die 'toll-free' Nummer nicht "gilt" und ich keine Zeit hatte...

Jedenfalls ist seitdem Sendepause...


Könnte ja auch sein, dass wir jetzt - wie viele andere - das neue Jahr abwarten und auf Positives hoffen (sollen)!?

[james_mg11]

...doch etwas Neues...

"...
Castle Gold Completes Phase 1 of Metallurgical Studies for La Fortuna Project Indicating Gold Recoveries in Excess of 90% and Initiates Scoping Study on Development of Deposit

8:03 AM ET, December 2, 2008


TORONTO, ONTARIO, Dec 02, 2008 (MARKET WIRE via COMTEX) -- CASTLE GOLD CORPORATION (Castle Gold, the Company) (CSG) is pleased to announce results from a series of metallurgical studies performed by SGS Mineral Services, Lakefield, Ontario on a bulk sample of material extracted from underground workings at the Company's 100% owned La Fortuna gold-silver-copper project located in northwestern Durango State, Mexico. On November 12, 2008, the Company announced a NI 43-101 compliant Measured and Indicated Resource at the La Fortuna property consisting of 4.8 million tonnes grading 1.99 grams per tonne gold for a total of 308,000 ounces of contained gold The objective of this metallurgical work was to determine the extent to which gold could be recovered according to a range of basic processing techniques. From this work an evaluation of process alternatives and process flowsheets for the extraction of gold at the La Fortuna project can be conducted. Testwork included:


1. chemical analysis of the material;

2. comminution (crushing and grinding) parameters;

3. whole ore cyanidation (both on ground and coarse material);

4. gravity concentration;

5. flotation; and

6. ore sorting.

The response of the La Fortuna material to the processing techniques examined during this phase of metallurgical testing were overwhelmingly positive. It was found that gold in the ore is available as free grains and is not encapsulated in sulphide minerals. With coarse ore cyanidation (analogous to a heap leaching scenario), material crushed to minus 1/2 inch can be expected to yield recoveries of in excess of 60% of the gold. This recovery increases to 99% following grinding of the material to 75 microns. Furthermore, it is apparent that high recoveries of gold are possible through either a gravity (90% recovery) or flotation (96% recovery) concentrate that contains 10-15% of the original mass of feed material. Finally, using commercial ore sorting techniques (x-ray and microwave heating) with the ore crushed to 1/2 inch to 1 inch in size, it was possible to recover 20-25% of the original rock mass as a concentrate that contained in excess of 90% of the gold.

Darren Koningen, Vice President Project Development at Castle Gold commented on the results from the metallurgical testwork stating: "I am very pleased with the results from this testwork as this work confirms, and in many cases improves upon historical testwork completed on the La Fortuna material. This material is quite exceptional as it appears amenable to most gold recovery techniques thereby permitting the consideration of a number of basic process flowsheets. The positive results from material ore sorting are particularly exciting in that it may be possible to perform a pre-concentration stage on crushed ore that would allow us to eliminate further processing costs for up to 75% of the material mined and yet still have the potential to recover up to 90% of the gold. Our plans for the next stages of project development include the application of scoping level costs to evaluate the pros and cons of each recovery method thereby allowing a prioritization of each alternative prior to the advancement of additional detailed testwork."

Castle Gold intends to initiate a scoping study on the project which it hopes to have concluded in the second quarter 2009. Coincident with this work the Company is continuing to evaluate the historic data base of drill, geochemical and geophysical data in order to identify the most efficient opportunities to test extensions to the currently known mineral resources. At present the mineral resource is open in all directions and numerous additional areas of elevated gold mineralization that exist within a couple of kilometres of the La Fortuna mine workings.

This metallurgical testwork program was supervised by Darren Koningen, P.Eng. A report that discusses the findings of this work will be posted on the Company's website in the near future under the heading "Technical Reports" contained within the "Projects" section on the web site.

About Castle Gold

Castle Gold Corporation is a growth oriented gold producer with projects focused in the America's. The Company owns a 100% interest in the El Castillo gold mine in Mexico and a 50% interest in the El Sastre gold mine in Guatemala. Castle Gold is also advancing exploration and development work at its La Fortuna gold-silver-copper project in Mexico.

Total Shares Outstanding: 75.3MM
Fully Diluted: 88.9MM
52-Week Trading Range: C$0.15 - $0.75




The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Contacts:
Castle Gold Corporation
Thomas Atkins
President and CEO
[phone] or Toll Free: 1-866-646-3274
[phone] (FAX)
..."

...auch nicht schlecht!

[jessima]

Antwort auf Beitrag Nr.: 36.148.024 von james_mg11 am 04.12.08 15:45:01

Wurde das hier schon gepostet?

http://blogs.wallstreet-online.de/349-smallcap-investor-blog…

Der Conference Call ist auf der Castle Gold Homepage abrufbar

http://www.castlegoldcorp.com/s/Update.asp?ReportID=330407&_…

[james_mg11]

Antwort auf Beitrag Nr.: 36.164.479 von jessima am 08.12.08 10:35:03

> Wurde das hier schon gepostet?
> http://blogs.wallstreet-online.de/349-smallcap-investor-blog…
<-- Nein.
Ist aber - da von gew. Interessen "belastet" - m. M. n. "nett zu lesen", aber dennoch fragwürdig...

> Der Conference Call ist auf der Castle Gold Homepage abrufbar
> http://www.castlegoldcorp.com/s/Update.asp?ReportID=330407&_…
<-- Ist interessant...
Lt. Aussagen der Beteiligten ist z.B. die Cash-Zunahme ALLEIN auf die Ergebnisse des dritten Quartals 2008 zurückzuführen.
Die Arbeiten in/an El Castillo (in der Regenperiode) enthielten einen überdurchschnittlichen Anteil an Abraum"beseitigung". Diese Arbeiten sind jetzt überwiegend beendet, so dass vor allem (evtl. noch) im letzten Quartal 2008 und in den ersten beiden Quartalen 2009 eine deutliche Zunahme der ERZförderung und damit der Goldproduktion zu erwarten ist.
...
[Weiter konnte ich noch nicht hören...]

Für mich hört sich das überaus positiv und für die nächste Zukunft vielversprechend an!
Ich bin jedenfalls auf Weiteres gespannt.

[james_mg11]

Umsätze steigen grad 'mal wieder etwas an (seit einigen Tagen).
Goldpreis auch.
Aktienkurs hält sich stark zurück.

?

[james_mg11]

Grad ist Pause.....!



News Release
Toronto Stock Exchange and TSX Venture Exchange are being halted due to technical issues
December 17, 2008


December 17, 2008 (TORONTO) – Toronto Stock Exchange and TSX Venture Exchange are being halted due to technical issues. Updates will be provided.

About TMX Group (TSX-X)

TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Equicom and other TMX Group companies provide trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto with offices in Montreal, Calgary and Vancouver. For more information about TMX Group, visit our website at www.tsx.com.

For more information please contact:
Carolyn Quick
Director, Corporate Communications
TMX Group
416-947-4597
[e-mail]

[Rainolaus]

hab erstmals wieder CSG zugekauft. Die MK ist für ein produzierendes Unternehmen ohne weiteren Cash-Bedarf einfach zu verlockend geworden.

[Rainolaus]

auf Tagesbasis jetzt mit positiver Divergenz und auf Wochenbasis mit MACD Kaufsignal; könnte im Januar kräftig anziehen (wenn der Goldpreis mitspielt, wovon ich ausgehe):

[Rainolaus]

es kommt Schwung in die Bude:

BID Orders Volume Price Range
9 124,500 0.195-0.230
ASK Price Range Volume Orders
0.235-0.300 108,500 8

[go4money]

Antwort auf Beitrag Nr.: 36.276.475 von Rainolaus am 29.12.08 18:24:45

Das sah ja gestern schon sehr ordentlich aus!!!e

Da die Rahmendingungen (Cash, Produzent etc.) gut aussehen und die Bewertung freundlich gesagt ein Witz ist, können wir uns hier hoffentlich auf weiter steigende Kurse einstellen...

[Rainolaus]

Antwort auf Beitrag Nr.: 36.279.165 von go4money am 30.12.08 09:46:29

auf Tagesbasis sind die Indikatoren (RSI+STOC) allerdings schon wieder recht heiss gelaufen.

[Rainolaus]

nur 77500 St. bis 0,98CAD zum Verkauf:

BID Orders Volume Price Range
5 51,500 0.205-0.230
ASK Price Range Volume Orders
0.245-0.980 77,500 6

[go4money]

Antwort auf Beitrag Nr.: 36.292.651 von Rainolaus am 02.01.09 15:50:18

Das sieht in der Tat sehr ordentlich aus!!! So langsam kanns weitergehen!

[BiggerBang]

Antwort auf Beitrag Nr.: 36.294.667 von go4money am 02.01.09 19:43:53

Jetzt gehts loooooos...

[go4money]

Antwort auf Beitrag Nr.: 36.390.907 von BiggerBang am 16.01.09 17:18:20

Allerdings!!!

In Übersee ist ja richtig was los! Und das Volumen spricht für eine weitere Explosion nächste Woche!

[james_mg11]

Antwort auf Beitrag Nr.: 36.393.645 von go4money am 16.01.09 22:00:18

...:o))
Ja - in letzter Zeit mehr/höheres Volumen.

Zunächst einmal erstaunlich, warum es doch in so kurzer Zeit in solchen Schritten "hochgegangen" ist (es? ER - der Kurs).
Nicht, dass ich etwas dagegen hätte...!
Ich kann das nicht einordnen.
Weiß jemand etwas zur Erklärung?

[jessima]

Antwort auf Beitrag Nr.: 36.432.295 von james_mg11 am 23.01.09 08:40:23

Press Release Source: Castle Gold Corporation

Castle Gold Reports Increase in Fourth Quarter 2008 Production to 6,928 Ounces Gold, Provides Update on Operating Performance Expectations for 2009
Friday January 23, 8:30 am ET


TORONTO, ONTARIO--(Marketwire - Jan. 23, 2009) - CASTLE GOLD CORPORATION (Castle Gold, the Company) (TSX VENTURE:CSG - News) is pleased to report on its fourth quarter 2008 operating performance from its 100% owned El Castillo Gold Mine located in Durango, Mexico and its 50% owned El Sastre Gold Mine located in Guatemala. Production for the fourth quarter 2008 totalled 6,928 ounces, including 5,386 ounces of gold from El Castillo and 1,542 ounces of gold from El Sastre (Castle Gold's 50% share).
Gold production from El Castillo during the fourth quarter increased 16% to 5,386 ounces, compared to the third quarter 2008 period (4,629 ounces of gold reported in Q3-2008) as the Company continues to ramp-up gold production levels according to plan. During the month of December 2008 El Castillo produced 2,034 ounces of gold, or an annualized rate of 24,400 ounces of gold. The Company also achieved a new monthly record with 523,205 tonnes of material mined. Average grade of ore material mined during the fourth quarter was 0.53 grams per tonne gold. The waste to ore ratio ("strip ratio") for the quarter averaged 1.47 to 1.0, including a waste to ore ratio of 1.7 to 1.0 during December.

Gold production from El Sastre during the fourth quarter decreased 19% to 1,542 ounces (Castle Gold's 50% share), compared to the third quarter 2008 period (1,913 ounces of gold reported in Q3-2008) due to generally lower tonnages mined and a small increase in the waste to ore ratio. Grade mined during the fourth quarter was higher at 2.84 grams per tonne compared to an average grade of 2.55 grams per tonne in the third quarter 2008 which partially offset the lower tonnages mined.

Thomas Atkins, President and CEO of Castle Gold commented on the fourth quarter operating performance stating: "The El Castillo operating team performed well during the quarter with production rebounding in the latter half of the period as the rainy season ended. This permitted a return to more normal production levels. For the quarter, El Castillo achieved record levels of material mined and gold production. Quarterly gold production numbers were that much more significant given that the operation continued to mine high levels of waste. The stripping ratio, the ratio of waste to ore, is expected to average approximately 1.2 to 1.0 during 2009, a 20% reduction from levels mined in the third and fourth quarter of 2008. Beyond 2009, waste to ore ratios will decline to approximate life-of-mine ratios of 0.6 to 1.0. The reduction in the strip ratio enables the mining of higher quantities of gold ore with the same equipment, resulting in greater gold production and reduced costs per ounce of gold produced. We also expect that as the strip ratio declines we should begin to gain exposure to some higher grade portions of the mine. Additional ore at higher grades has the potential to further boost the economics of the mine in the coming quarters."

Outlook for 2009

El Castillo

Expanded Production

During the fourth quarter 2008, the Company has been pursuing quotes from contractors on competitive terms for the utilization of larger and higher capacity mining equipment. Larger and more efficient equipment is key to the ramp-up in production to in excess of 50,000 ounces gold per annum. To this end the Company has been in contact with 13 contractors soliciting competitive quotes for the mining of the objective quantity of material. Of these 13 contractors the Company has received bids from 11 contactors for this work. Over the coming weeks the Company expects to narrow the selection of these bids down to a single contractor offering a combination of the most cost competitive terms and best service.

The larger equipment will be employed in the ramp-up of production from a current rate of approximately 520,000 tonnes mined monthly to in excess of 800,000 tonnes mined monthly. At the planned mining rate of 800,000 tonnes per month, and taking into account the reduction of the waste to ore ratio from the average of approximately 1.6 to 1.0 during 2008 to 1.2 to 1.0 in 2009, the Company expects to see an increase in gold production to in excess of 50,000 ounces per year in the second half of 2009. Beyond 2009 the waste to ore ratio will decline to approximately 0.6 to 1.0 under the current phase of planned mine expansion.

In addition to the pursuit of a new mining contract, the Company is also pursuing the purchase of used equipment to supplement contractor equipment. This equipment has the potential of supplementing the new equipment provided by the contractor, possibly enabling the enhancement of production beyond currently designed levels and could also act as spare equipment in the event of unscheduled maintenance of contractor equipment. The operation of such equipment by Company employees has the potential to further reduce per tonne mining costs beyond efficiencies currently being sought in the new mining contract. Once terms have been negotiated under the new contract, timing of equipment, mobilization and the timing of the ramp-up of production will be more clearly understood. It is expected that the impact of mining higher volumes of material should begin to be reflected in higher volumes of gold production in the third and fourth quarters 2009 and beyond.

Resource Expansion Drilling

The Company is preparing for the commencement of its first drill program at El Castillo to explore the potential to enhance the gold resources. During the fourth quarter 2008 a combination of in-pit geological and structural mapping, historic, widely-spaced drill data and the evaluation of historical geochemical survey results has identified compelling targets for an initial, first phase 14-hole reverse circulation drill program to explore resource extension opportunities to the south, southeast and east of the current pit. This program is expected to commence in the coming weeks and is expected to require approximately one month to complete. Assay results are expected to take approximately six weeks from completion of the drill program. As the timing of commencement of this program becomes more evident, the Company intends to issue a press release detailing the location and objectives of the program.

Sulphide Resources

The Company is studying the quantity and recovery of sulphide resources that exist below the limits of the current open pit resources at El Castillo, resources and reserves which only take into account oxidized material. A resource study is underway and is expected to identify gold resources at varying gold cut-off grades. A historic resource completed under non-43-101 standards identified approximately 300,000 ounces of sulphide resources. The Company has also completed the selection of quantities of available drill core from the sulphide zone for metallurgical testing. This metallurgical program is expected to determine the means and extent to which gold may be recovered from this sulphide material. The new resource study is expected to be completed prior to the end of the first quarter 2009. Results from the metallurgical test program on the sulphide material are expected early in the second quarter 2009.

La Fortuna Property

At the Company's La Fortuna gold-silver-copper advanced-stage exploration project the Company is mobilizing personnel and setting-up a camp to initiate its concession-wide mapping and sampling program and its geochemical program and geophysical program aimed at calibrating these exploration tools over known mineralized gold-silver-copper bearing structures and testing extensions to these structures beyond the currently known 309,000 ounce gold resource identified in the recent NI 43-101 study (refer to press release dated November 12, 2008). Following this work the Company hopes to initiate an exploration drill program testing attractive areas to host extensions to known mineralization at the La Fortuna mine site and depending on results, additional attractive prospects for gold mineralization on the Company's approximate 10,000 hectare land position. Within the 10,000 hectare land position a number of historical workings are know to exist that host potentially economic intersections of gold mineralization. Based on the results of this surface work, the first phase drill program could begin in the second half 2009.

About Castle Gold

Castle Gold Corporation is a growth oriented gold producer with projects focused in the America's. The Company owns a 100% interest in the El Castillo gold mine in Mexico and a 50% interest in the El Sastre gold mine in Guatemala. Castle Gold is also advancing exploration and development work at its La Fortuna gold-silver-copper project in Mexico.




Total Shares Outstanding: 75.3MM
Fully Diluted: 88.9MM
52-Week Trading Range: C$0.15 - $0.64


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.



Contact:
Thomas Atkins
Castle Gold Corporation
President and CEO
[phone] or Toll Free: 1-866-646-3274
[phone] (FAX)

Rory Quinn
Castle Gold Corporation
Manager Investor and Public Relations
[phone] or Toll Free: 1-866-646-3274
[phone] (FAX)
Email: [e-mail]
Website: www.castlegoldcorp.com


--------------------------------------------------------------------------------
Source: Castle Gold Corporation

[james_mg11]

Antwort auf Beitrag Nr.: 36.436.674 von jessima am 23.01.09 15:56:03

...

Danke !
Ich hatt's gerade in der Zwischenablage...!

[james_mg11]

Nachtrag:
Offensichtlich wussten die Can.s viel eher Bescheid als der Rest der Welt.
Naja...
Bin 'mal gespannt auf die Zahlen im Q4-2008 - Report (weil genauer und vielleicht mit etwas mehr Details zu Möglichkeiten und evtl. Problemen...).
Allerdings wird der ja erst etwa in einem Monat zu erwarten sein...
[Der Q3-2008 - Report kam am 27/12/2008]

[james_mg11]

In der letzten Zeit lief's ja gar nicht 'mal SO schlecht...
Warum allerdings verkauft wird (ein GoldPRODUZENT), wenn sich auch der Goldpreis ganz gut entwickelt !?
Naja - im Moment gibt's ja offensichtlich wieder 'mal etwas Panikmache weltweit...
Verkauft sich eben besser als positive Nachrichten...

[go4money]

Antwort auf Beitrag Nr.: 36.639.591 von james_mg11 am 24.02.09 09:58:51

Das klingt gut... Hier wird noch richtig Bewegung reinkommen.... Hoffentlich schön langsam, aber fundiert...

IRW-PRESS: Castle Gold Corp.: Castle Gold meldet Übergangs-Sulfidzone mit Goldvorkommen von 625.000 Unzen unter dem Tagebau El Castillo



Castle Gold meldet Übergangs-Sulfidzone mit Goldvorkommen von 625.000 Unzen unter dem Tagebau El Castillo


TSX-V Börsenkürzel: CML
Ausgegebene Aktien: 75,3 Mio.
Voll verwässert: 81,7 Mio.
Kursvolatilität 52 Wochen: C$0,15 - $0,64

24. Februar 2008


Castle Gold Corporation (Castle Gold, das „Unternehmen“) (TSX Venture Exchange: CSG) freut sich, die Ergebnisse einer Studie der Mineralressourcen in der Übergangszone der Sulfidzone (Übergangs-Sulfid-Zone) der Mineralisierung bekannt zu geben, die unter den Oxidvorkommen des sich zu 100 % im Besitz der Gesellschaft befindlichen Tagebaus El Castillo im mexikanischen Bundesstaat Durango gefunden wurde.

Die Übergangs-Sulfid-Zone umfasst 27,9 Millionen Tonnen Mineralvorkommen mit einem durchschnittlichen Goldgehalt von 0,7 Gramm pro Tonne, somit insgesamt 624.712 Unzen Gold der Kategorie „Inferred“. Diese Ressourcenschätzung geht von einem Cut-off-Wert von 0,5 Gramm Gold pro Tonne aus. Die Tonnage, der Goldgehalt und die Goldmenge in Unzen in den Übergangs-Sulfid-Zonen wurden in Tabelle 1 - Übersicht über die Ressourcen in der Übergangs-Sulfid-Zone der Mine El Castillo - außerdem für verschiedene Cut-off-Werte berechnet. Diese Ressourcen sind zusätzlich und vergleichbar mit dem existieren Oxidvorkommen, das zurzeit bei El Castillo abgebaut wird und 94,3 Millionen Tonnen mit 0,39 Gramm Gold pro Tonne umfasst (insgesamt 1.177.000 Unzen Gold in den Kategorien „Measured“ und „Indicated“ bei einem Cut-off-Wert von 0,15 Gramm Gold pro Tonne (siehe dazu den technischen Bericht, der bei der SEDAR im August 2008 eingereicht wurde.)

Thomas Atkins, Präsident und CEO von Castle Gold, kommentierte die Mineralvorkommen wie folgt: „Die Bestimmung der Ausdehnung und des Erzgehalts der Übergangs-Sulfid-Zone ist der erste Schritt einer mehrstufigen Bewertung des Potenzials dieser Vorkommen, um wirtschaftlich interessante Goldmengen zu gewinnen. Der nächste Schritt ist die Prüfung der metallurgischen Eigenschaften dieser Vorkommen und eine Analyse, inwieweit das Gold wirtschaftlich abbaubar ist. Die metallurgischen Prüfungen haben bereits begonnen und wir rechnen schon im März oder April dieses Jahres mit vorläufigen Ergebnissen. Die Ergebnisse der Ressourcenstudien und der metallurgischen Analysen werden in einen technischen Bericht entsprechend der Vorschrift NI 43-101 eingehen, damit wir, falls das Gold sich wirtschaftlich gewinnen lässt, leichter die Ressourcen der Kategorien „Measured“, „Indicated“ und „Inferred“ für dieses Vorkommen bestimmen können. Nach den geostatistischen Daten zu urteilen, dürfte das aktuelle Vorkommen vor allem in die Kategorien „Measured“ und „Indicated“ eingestuft werden. Wenn das Gold wirtschaftlich gewinnbar ist, ist es möglich, dass ein Teil dieses Vorkommens im Förderplan berücksichtigt wird und so zur Erweiterung der Förderung über die 50.000 Unzen der derzeitigen Jahresförderung hinaus beiträgt, die bis Ende dieses Jahres erreicht werden sollen.“

Die Ressourcen wurden aus einer alten Datenbank berechnet, die Daten aus 211 RC- und Diamantkernbohrungen enthält, die die Vorkommen des Oxidmaterials durchstießen (tiefer als 100 m); die mittlere Bohrlochtiefe lag bei etwa 230 m (maximal bei 400 m). Das Vorkommen wurde nach der umgekehrten Quadratabstandsmethode aus den angezeigten Gold-Cut-off-Werten berechnet, d. h. nach dem gleichen Verfahren, das auch bei der Berechnung der Oxidvorkommen von El Castillo eingesetzt wurde. Die Gesellschaft führt zurzeit vorläufige metallurgische Prüfungen durch, um die mineralischen Eigenschaften des Übergangs-Sulfid-Goldvorkommens aus den Proben der vier alten Bohrkerne zu bestimmen, die diese Zonen durchschnitten. Die metallurgischen Analysen werden von SGS Mineral Services in Lakefield (Ontario) durchgeführt. Diese Vorarbeiten dürften März oder April dieses Jahres abgeschlossen sein.

Zur Ansicht der gesamten Pressemeldung im PDF Format, inklusive Tabelle 1, klicken Sie bitte hier:
http://www.irw-press.com/dokumente/CastleGold_20090224_Germa…

Anmerkungen des qualifizierten Sachverständigen /Maßnahmen zur Qualitätssicherung
Diese Pressemitteilung wurde von Mr. Darren Koningen, P. Eng., dem Vice President Project Development von Castle Gold, geprüft; er ist der qualifizierte Sachverständige entsprechend der nationalen Vorschrift 43-101. Die Ressourcenschätzung wurde von Miguel Cardona (Exploration Manager für Castle Gold) erarbeitet. Mr. Miguel Cardona hat einen akademischen Abschluss (BSc) als Geologe und über 20 Jahre Erfahrung in der Mineralexploration, Projektentwicklung und Ressourcenberechnung. Mr. Miguel Cardona berechnete die Vorkommen mit der Surpac-Software nach der umgekehrten Quadratsabstandsmethode für die angegebenen Gold-Cut-off-Werte. Das gleiche Verfahren wurde für eine unabhängige Ressourcenberechnung der Oxidvorkommen bei El Castillo verwendet. Die Bohrungsdaten stammen aus alten Bohrungen, die Datenbank wurde zuvor durch einen unabhängigen Dritten überprüft.

Informationen zu Castle Gold
Castle Gold Corporation ist ein wachstumsorientierter Goldförderer mit Projekten vor allem in Nord- und Südamerika. Die Gesellschaft besitzt eine 100%-ige Beteiligung an der Goldmine El Castillo in Mexiko und eine 50%-ige Beteiligung an der Goldmine El Sastre in Guatemala. Außerdem führt Castle Gold die Explorations- und Erschließungsarbeiten für sein Gold-Silber-Kupfer-Projekt im mexikanischen La Fortuna fort.

Weitere Informationen erhalten Sie von:

Thomas Atkins oder Rory Quinn
President und CEO Manager Investor and Public Relations
Tel.: [phone] oder gebührenfrei: [phone]

oder per Fax: [phone], E-Mail: [e-mail] oder über unsere Website: www.castlegoldcorp.com.

Für die Angemessenheit und Richtigkeit dieser Presseveröffentlichung wird von der TSX Venture Exchange keine Haftung übernommen.


Für die Richtigkeit der Übersetzung wird keine Haftung übernommen! Bitte englische Originalmeldung beachten!

Die englische Originalmeldung finden Sie unter:
http://www.irw-press.at/press_html.aspx?messageID=13503

NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
http://www.irw-press.com/alert_subscription.php?lang=de∈=CA1…

Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.

[james_mg11]

Meldung bei TSX Venture Exchange (von Heute):


"Castle Gold M&A Committee Update and Shareholder Rights Plan

9:25 AM ET, March 2, 2009


TORONTO, ONTARIO, Mar 02, 2009 (MARKET WIRE via COMTEX) -- CASTLE GOLD CORP. ("Castle Gold", "the Company") (CSG) is pleased to provide an update on the Company's M&A initiatives. On September 25th, 2008 the Board of Directors of Castle Gold ("Board") announced formation of a Merger and Acquisitions Advisory Committee which since has been reconstituted as a special committee of the Board ("M&A Committee"). The M&A Committee's mandate is to conduct a Strategic Alternative Review ("SAR"), to review the terms of any possible transaction and to make recommendations to the Board with respect to any strategic transaction. The Board of Castle Gold has also retained Gryphon Partners as its financial advisor to work with the M&A Committee in advancement of the SAR. The M&A team have been actively engaged in the advancement of the SAR process. This effort will be further enhanced through the addition of Gryphon Partners.


The SAR will assess various alternatives available to the company, including but not limited to, mergers, acquisitions, strategic alliances, and/or other corporate combinations to maximize shareholder value. The ideal criteria for M&A Candidates are:

- Excellent mining and management team;

- Gold producer with annual production ranging from of 50,000 to 250,000+ ounces based in the America's (ideally Mexico) with the potential for expansion;

- An organic growth strategy;

- An acquisition growth strategy; and

- Compelling valuation metrics.

James Mark Plaxton, Chairman of the Board and M&A Committee of Castle Gold Corp., Comments on Castle Gold's approach to an industry that is ripe for consolidation: "The Board realises that an accretive strategic transaction would allow Castle Gold to advance its organic growth strategy in parallel to another company's providing Shareholders of both Companies numerous potential benefits: enhanced gold production (e.g. reaching critical levels of 100,000, 200,000, or 300,000 Oz's p.a.), increase in mineral reserves & resources, diversification of assets, enhanced and expanded mine operations/project development team, potential for increased institutional investor appeal, potential for graduated exchange listing, potential for marginable shares, potential for increased research coverage, potential for reduced cost of capital, potential for increased share trading liquidity, potential for theoretical multiple expansion, and early mover advantage (potentially generating strong relative paper potentially permitting aggressive asset and/or company acquisitions)."

Shareholder Rights Plan Agreement

Effective today, the Board of Directors has implemented a Shareholder Rights Plan Agreement.

The Board of Directors and management believe that given the valuation gap that exists between the Company and many of its peers and in the context of the volatility in share prices in the equity markets over the recent months, it was in the interests of shareholders to ensure that in the event of a future take-over bid for the Company's outstanding common shares, the Rights Plan would provide a mechanism to ensure that shareholders have adequate time to properly evaluate and assess the bid without facing undue pressure or coercion. The Rights Plan also provides the Board with additional time to consider any take-over bid and, if applicable, to explore alternative transactions in order to maximize shareholder value.

The TSX has accepted notice of the Rights Plan, subject to, among other conditions, confirmation of the Rights Plan by the Company's shareholders within six months of the Rights Plan's implementation. The Company intends to offer shareholder's the ability to vote on the transaction at the upcoming Annual General Meeting, currently being planned to be held on an as yet identified date in June 2009. Should the Company receive a take-over bid that failed to meet the Permitted Bid requirements of the Plan, shareholders would have the ability to vote on the Plan which would take immediate effect should a take-over bid occur.

The Rights issued under the Rights Plan will become exercisable only if a person, together with its affiliates, associates and joint actors acquires or announces the intention to acquire beneficial ownership of Castle Gold Corporation's common shares which, when aggregated with its current holdings, total 20% or more of the Company's outstanding common shares, other than a "Permitted Bid" (as defined in the Rights Plan).

In the event a take-over bid does not meet the Permitted Bid requirements of the Rights Plan, the rights issued under the plan will entitle shareholders, other than any shareholder or shareholders involved in the take-over bid, to purchase additional common shares of the Company at a significant discount to the market price of the common shares at that time. The board of directors is not currently aware of any pending or proposed take-over bid for the Company.

Resignation of Director

Mr. Richard Adams has tendered his resignation as a director of the Company to be able to devote more time to his personal and professional commitments and is transitioning into a less involved consulting role with the Company. Mr. Adams will remain with Castle Gold as a consultant providing continuity during the handover of his responsibility as Audit Committee Chairman to Mr. Milton Baehr and to assist in other matters as requested by the Board and Management of Castle Gold.

The Board of Directors would like to thank Mr. Adams for the valuable contributions he made during his lengthy tenure as a Director of the Company. Mr. Adams was a member of the management and boards of both Aurogin Resources Ltd. and Morgain Mineral Inc., respectively, prior to their amalgamation to form Castle Gold. Mr. Adams assisted in the design, financing, permitting, construction, and operation of both of the Company's two producing gold mines and more recently with the corporate restructuring of Castle Gold.

We thank Mr. Adams for all of his very significant contributions over the years which helped form today's Castle Gold and both the Board and Management appreciate that he is remaining with the Company, albeit in a less involved capacity, considering his current personal and professional commitments.

About Castle Gold
...."

...und was soll mir das sagen ?

Falls noch jemand da/hier ist, bitte ich um "Aufklärung"...!!!

[james_mg11]

...Keiner mehr da .................

[james_mg11]

Gestern also die Meldung über knapp 1 Mio. vergebene Optionen an:
Mitarbeiter ! 700.000 (!!!)
Direktoren 275.000
...zum Erwerb von reg. Aktien - gültig bis Feb./März 2014 (!) zu einem Preis von Can$ 0,44 / Stck. (!!!).


"Castle Gold Options Grant

3:23 PM ET, March 5, 2009


TORONTO, ONTARIO, Mar 05, 2009 (MARKET WIRE via COMTEX) -- CASTLE GOLD CORPORATION (Castle Gold, the Company) (CSG) announces that an aggregate of 700,000 options to purchase common shares have been granted to various of its operations employees at an exercise price of $0.44 and 200,000 options to purchase common shares have been granted to a director at an exercise price of $0.44, all options expiring on January 21, 2014. The Company further announces a grant of 75,000 options to purchase common shares have been granted to a director at an exercise price of $0.57 expiring on March 4, 2014.


About Castle Gold
...
"

[go4money]

Antwort auf Beitrag Nr.: 36.711.969 von james_mg11 am 06.03.09 08:21:40

Ist noch jemand da???

Der Kurs pendelt ja stabil hin und her...

Hat jemand eine relativ fundierte Idee / Ahnung wo´s hingeht bzw. wann es neue off. News geben könnte???

[go4money]

Antwort auf Beitrag Nr.: 36.867.077 von go4money am 27.03.09 16:55:26

Erst gucken, dann posten...

Das ganze hört sich äußerst gut und zukunftsfähig an!!!


IRW-News: Castle Gold Corp.



IRW-PRESS: Castle Gold Corp.: Castle Gold unterzeichnet neuen Vertrag mit bestehendem Partner für Mine El Castillo

Castle Gold unterzeichnet neuen Vertrag mit bestehendem Partner für Mine El Castillo
Ziel: Senkung der Betriebskosten und Steigerung der Goldproduktion auf 50.000 Unzen jährlich


TSX-V Börsensymbol: CSG
Aktien in Umlauf, gesamt: 75,3 Mio.
Voll verwässert: 81,8 Mio.
52-Wochen-Handelsspanne: C$0,15 - $0,63

26. März 2009 Nr. 06/ 09


CASTLE GOLD CORPORATION (Castle Gold, das Unternehmen) (TSX Venture Exchange: CSG, Frankfurt: CA7) freut sich bekannt zu geben, dass das Unternehmen mit CAMSA, dem derzeitigen Minenpartner im Bereich der Goldmine El Castillo im mexikanischen Bundesstaat Durango (zu 100 % im Besitz des Unternehmens), einen neuen Minenvertrag unterzeichnet hat. Der neue Vertrag sieht die Mobilisierung einer größeren Flotte von Fördermaschinen samt Ausrüstung vor. Damit soll die Produktionskapazität auf über 50.000 Unzen Gold jährlich gesteigert und gleichzeitig die Einheitskosten gegenüber den bestehenden Vertragsbestimmungen gesenkt werden.

Im Rahmen eines Ausschreibungsverfahrens wurden die Angebote von mehr als 10 Bewerbern geprüft. Das Unternehmen freut sich, dass dem ursprünglichen und derzeitigen Minenpartner für die Mine El Castillo, CAMSA in Monterrey, Mexico, neuerlich der Auftrag erteilt werden konnte. Das vertraglich vereinbarte Leistungsangebot umfasst die Bohrung, Sprengung, den Abbau sowie den Transport von Abraummaterial zu den entsprechenden Entsorgungseinrichtungen, den Transport des geförderten Materials zur Laugungsanlage (betrifft den Großteil des Erzes) und die Verbringung von Material mit hochgradigem Erzgehalt zur Zerkleinerungs- und Siebanlage (hier wird das Material zerkleinert und anschließend von einem anderen Vertragspartner zur Laugungsanlage gebracht).

Gemäß der neuen Vereinbarung sollen bei den größeren Maschinen zunächst 40-t-LKWs mit Anhänger und Verladeausrüstung in entsprechender Größe zum Einsatz kommen. Diese Maschinen sollen die bisher verwendete Flotte bestehend aus 7-20-t-LKWs und 7-30-t-LKWs ersetzen. Im Hinblick auf das derzeitige Abbaustadium der Mine wurden von den zur Wahl stehenden Fahrzeugtypen 40-t-Fahrzeuge gewählt, weil die Grube noch immer relativ klein ist und die Abbauaktivitäten während der Erschließung der Grube in mehreren Bereichen stattfinden. Nachdem die Grube in den kommenden zwei Jahren erweitert worden ist, kann die Anfangsflotte der 40-t-LKWs voraussichtlich durch größere Fahrzeuge (möglicherweise 50-t bis 70-t-LKWs) ersetzt werden, um den Wirkungsgrad der Mine weiter zu steigern. Gemäß dieser neuen Vereinbarung werden die Einheitskosten für das geförderte Material gegenüber der vorherigen Vereinbarung um 10 % gesenkt. Im Hinblick auf die Erweiterung der Förderquote auf 800.000 Tonnen monatlich entspricht dies einer Kosteneinsparung von ca. US$ 25 pro Unze produziertem Gold.

Thomas Atkins, Präsident und CEO von Castle Gold sagte in Bezug auf Unterzeichnung des Abkommens: Unser Betriebsteam in El Castillo hat mit diesem Vertragsabschluss ein tolles Ergebnis erzielt. CAMSA hat in der Vergangenheit sehr gute Leistungen erbracht und eng mit unserem Führungsteam vor Ort zusammengearbeitet; wir freuen uns daher, dass wir dieses Geschäftsverhältnis fortsetzen können. Die Vertragsbedingungen, die wir mit CAMSA vereinbart haben, sind im Vergleich zu den anderen im Ausschreibungsverfahren geprüften Angeboten am attraktivsten, und auch im Vergleich mit anderen im Tagbau betriebenen Minen in ganz Mexiko bieten sie das beste Preis-Leistungsverhältnis. Die Kosteneinsparungen belaufen sich auf ungefähr C$ 1,5 Mio. jährlich, was über die gesamte Vertragsdauer Einsparungen von fast C$ 7,5 Mio. bzw. C$ 0,10 pro Aktie entspricht. Wir freuen uns nicht nur darauf, mit den neuen Maschinen unsere Goldproduktionsmengen steigern zu können, sondern auch auf diese Betriebskosteneinsparungen. Die Mobilisierung von neuen Maschinen und Geräten wird erwartungsgemäß in den nächsten sechs bis acht Monaten vonstatten gehen; die erste Maschinenlieferung wird für April erwartet. Durch die Bewegung und Förderung größerer Mengen an Material werden wir voraussichtlich ca. zwei Monate nach Erhalt der Durchsatzmengen, in Abstimmung mit den Verarbeitungsprozessen bei der Goldlaugung, mit einem größeren Goldproduktionsvolumen rechnen können.

Der Vertrag mit CAMSA wird über fünf Jahre bzw. für ein Abbauvolumen von bis zu 47 Mio. Tonnen abgeschlossen, kann jedoch bei Bezahlung einer Geldbuße (die Höhe dieser ist abhängig von der zukünftigen Lebensdauer der Maschinen) vorzeitig gelöst werden. Der Vertrag kann zu den gleichen Bedingungen der Leasing-Kosten und des Wertes des restlichen Equipments (plus Demobilisierung) auf Castle Gold übertragen werden, wobei das Unternehmen in weiterer Folge den zukünftigen Betrieb der Abbauaktivitäten sowie des Equipments übernehmen würde.

Die zur Umsetzung der vertraglichen Bedingungen erforderlichen Investitionen von Castle Gold sind auf US$ 600.000 begrenzt und werden in monatlichen Raten zu je US$ 100.000 beginnend mit April 2009 getätigt. Diese Gesamtsumme fließt über einen Zeitraum von 16 Monaten in Form von monatlichen Teilzahlungen wieder an das Unternehmen zurück, und zwar über eine Senkung der monatlichen Honorarkosten, die an den Vertragpartner zu entrichten sind. Das Unternehmen wird den über einen Zeitraum von sechs Monaten fälligen Betrag in Höhe von US$ 600.000 aus den verfügbaren Barmitteln und/oder aus dem betrieblichen Cash Flow finanzieren.

Informationen zu Castle Gold
Castle Gold Corporation ist ein wachstumsorientierter Goldförderer mit Projekten vor allem in Nord- und Südamerika. Die Gesellschaft besitzt eine 100%-ige Beteiligung an der Goldmine El Castillo in Mexiko und eine 50%-ige Beteiligung an der Goldmine El Sastre in Guatemala. Außerdem führt Castle Gold die Explorations- und Erschließungsarbeiten für sein Gold-Silber-Kupfer-Projekt im mexikanischen La Fortuna in Mexiko fort.

Weitere Informationen erhalten Sie von:

Thomas Atkins oder Rory Quinn
President und CEO Manager Investor and Public Relations
Tel.: [phone] oder gebührenfrei: [phone]

oder per Fax: [phone], E-Mail: [e-mail] oder über unsere Website: www.castlegoldcorp.com.
Die TSX Venture Exchange und deren Regulierungsorgane (in den Statuten der TSX Venture Exchange als Regulation Services Provider bezeichnet) übernehmen keinerlei Verantwortung für die Angemessenheit oder Genauigkeit dieser Meldung.


Für die Richtigkeit der Übersetzung wird keine Haftung übernommen! Bitte englische Originalmeldung beachten!


Die englische Originalmeldung finden Sie unter:
http://www.irw-press.at/press_html.aspx?messageID=13677

NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
http://www.irw-press.com/alert_subscription.php?lang=de∈=CA1…

Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.

dpa-AFX

[go4money]

Antwort auf Beitrag Nr.: 36.867.233 von go4money am 27.03.09 17:09:47

Ich glaube wir sitzen auf einem Pulverfaß...

Jetzt ein paar Käufe mit ordentlichem Umsatz, und schon zündet die nächste Stufe...

[james_mg11]

Antwort auf Beitrag Nr.: 36.867.233 von go4money am 27.03.09 17:09:47

...und es wird nicht nur geredet, es wewrden nicht nur Verträge geschrieben,
sondern es passiert auch etwas:

"
Castle Gold Announces Start of Operations for New Equipment Fleet at El Castillo Mine

3:01 PM ET, April 20, 2009


TORONTO, ONTARIO, Apr 20, 2009 (MARKET WIRE via COMTEX) -- CASTLE GOLD CORPORATION (Castle Gold, the Company) (CSG) is pleased to announce that following the signing of a new contract with CAMSA, the mining contractor at the Company's 100% owned El Castillo gold mine in Durango State, Mexico, portions of the new equipment fleet are now at site and entering operations. The addition of this new equipment should boost total monthly mine production (waste and ore material) to 600,000 tonnes per month effective immediately. This rate represents a 28 percent increase over the average monthly amount of material mined at El Castillo in the fourth quarter 2008.


The new contract provides for the mobilization of a fleet of larger mining equipment thereby enabling the continuing ramp-up of production to an ultimate target in excess of 50,000 ounces of gold annually at reduced unit costs relative to the current contract. Under the terms of the new agreement, unit costs of the mined material are reduced by 10% relative to the previous terms. At the expanded mining rate of 800,000 tonnes per month, this offers savings of approximately US$25 per ounce of gold produced as previously announced in a press release dated March 26, 2009.

Thomas Atkins, President and CEO of Castle Gold commented on the ramp-up of production stating: "The operating team at El Castillo is working quickly with CAMSA, the contractor to achieve the desired higher production levels. It's encouraging to see this cooperation between the operating management and CAMSA. We look forward to additional equipment arriving in June and the balance arriving in September. The combination of this equipment will enable mining at El Castillo during the fourth quarter of 2009 at the rate of 800,000 tonnes per month, a 70 percent increase relative to the amount of material mined during the fourth quarter of 2008. The impact of these higher volumes of material being mined is expected to be reflected in higher volumes of gold production 2-3 months following the throughput volumes being achieved, in accordance with the gold leach cycles."

The new contract with CAMSA is for a five year period, or up to 47 million tonnes mined, but is severable at declining penalty payments related to the depreciated life of the equipment. The contract is transferable to Castle Gold at terms equal to the contractor's costs of leasing and residual equipment value plus demobilization with the Company then undertaking the future operation of the mining activities and equipment.

The equipment that has recently arrived at the mine site since the signing of the new contract in late March 2009, includes:

- 4 Caterpillar CAT 740, 40 ton capacity articulated trucks;

- 1 Caterpillar CAT 988H, 8.5 yard capacity front-end-loader;

- 2 Atlas Copco ECM 590 RC, blast-hole drills for 3 1/2 inch diameter blast-holes;

- 1 Caterpillar CAT 416, back-hoe excavator; and

- 1 hydraulic hammer for secondary rock breaking.

This new machinery joins the existing fleet of operating equipment, much of which will be phased-out with the arrival of additional equipment over the coming months. At present it is expected that the combination of new and original equipment will permit the mining of up to 600,000 tonnes of waste and ore material per month effective immediately. At this rate annual production should approach 30,000 ounces of gold. It is expected that subsequent to the arrival of additional equipment over the months of June through September the mining of an average 800,000 tonnes of waste and ore material per month in the fourth quarter 2009 will be achievable. At this rate and with the reduction of the stripping (waste: ore) ratio in early 2010 towards the life-of-mine ratio of 0.6:1.0, gold production increases towards the 50,000 ounce per year level are expected in 2010 and beyond.

About Castle Gold
.....
...
.
"
Das neue Gerät des Vertragspartners/Subunternehmers ist also (bereits zum Teil) angekommen und kann "Geld verdienen" !

Gut so!

[go4money]

Antwort auf Beitrag Nr.: 37.016.453 von james_mg11 am 22.04.09 12:33:24

...als die Aktie so um die 0,1 stand habe ich mir geschworen zu verkaufen sobald das Teil in der Naehe des Einstandskurses ist...

Die Meldungen der letzten Wochen und die langfristigen Investitionen, die Ausgabe von Optionen an Mitarbeiter usw. lassen diese Aktie wohl noch lang und gluecklich in meinem Depot...

Wenns deutlich zweistellig wird ueberlege ich nochmal...

[james_mg11]

Antwort auf Beitrag Nr.: 37.019.769 von go4money am 22.04.09 18:03:09

> ...
> Die Meldungen der letzten Wochen und die langfristigen
> Investitionen, die Ausgabe von Optionen an Mitarbeiter usw.
> lassen diese Aktie wohl noch lang und gluecklich in meinem
> Depot...

<-- Na, dann sind wir ja schon zwei...

[james_mg11]

...Hatten wir diese Meldung schon ?
...

"
...
Castle Gold Reports Fourth Quarter and Year-End 2008 Operating and Financial Results

6:06 PM ET, April 30, 2009


TORONTO, ONTARIO, Apr 30, 2009 (MARKET WIRE via COMTEX) -- CASTLE GOLD CORPORATION (Castle Gold, the Company) (CSG) today reported its financial and operating results for the fourth quarter and year-ended 2008 period ended December 31, 2008. The Consolidated Financial Statements and related Notes along with the Management's Discussion and Analysis have been filed with SEDAR (www.sedar.com) and can be viewed on the Company's website at www.castlegoldcorp.com.


Castle Gold would also like to announce a 2008 Financial Report conference call scheduled for May 1, 2009 10:30 a.m. EST. Participant dial in numbers are:

Local: 416-695-6616; and

Toll free (North America): 1 800-769-8320.

A replay will also be available at dial-in number: 416 695-5800 or toll free: 1 800 408-3053, pass code: 4658837. The Company will also post the conference call on its website.

Highlights for the Fourth Quarter and Year-end 2008

- Effective July 1, 2008 commercial production was achieved at the El Castillo mine, Mexico.

- For the 12 month period ended December 31. 2008 reported metal revenues increased 80% from $7.8 million in 2007 (company's 50% share of El Sastre mine) to $14.0 million in 2008 on a 199% increase in gold sales from 5,503 ounces in 2007 to 16,455 ounces in 2008. During the same 12 month period, the Company's share of production increased 121% from 6,909 ounces in 2007 to 15,293 ounces in 2008.

- Net earnings increased from a loss of $1.5 million (($0.03) per share) in 2007 to a profit of $1.8 million ($0.02 per share) in 2008.

- Production for the fourth quarter 2008 totalled 6,928 ounces of gold, a 6% increase compared to 6,542 in the third quarter 2008 and a 164% increase compared to 2,625 ounces of gold produced as the Company's share of production from the fourth quarter 2007 when gold production came only from the Company's 50% share of the El Sastre mine. Production at the El Castillo gold mine increased 16% to 5,386 ounces of gold in the fourth quarter compared to 4,629 ounces of gold in the third quarter 2008. This was offset by a 19% decline in production to 1,542 ounces of gold from the El Sastre gold mine in the fourth quarter 2008 (Castle Gold's 50% share) compared to the fourth quarter 2007.

- During the fourth quarter 2008, production costs totalled $447 per ounce of gold sold, a 23% reduction compared to $582 per ounce in the third quarter 2008 and a 272% increase compared to the fourth quarter 2007 when the Company's only commercial operation was its 50% share of the El Sastre gold mine. Adjusted production costs for the fourth quarter 2008 (taking into account the adjustment in costs associate with the current higher than average strip ratio compared to the life-of-mine average ratio at El Castillo) was $379 per ounce, a 54% reduction compared to $571 per ounce reported in the third quarter 2008.

- An updated NI 43-101 reserve report on the El Castillo mine demonstrated an increase in gold reserves and recommended increasing annual production rates and implementing activities to improve operating efficiencies. The Company began to advance activities towards this production increase in late 2008 and into 2009.

- A six-hole twin, diamond drill hole program replicated historic drill results at the Company's La Fortuna project, paving the way to a fourth quarter announcement of a 308,000 ounce Measured and Indicated NI 43-101 compliant resource.
...
"

Ist also nachzulesen auf der Homepage.

* Soo schlecht hört sich das nun aber nicht an...(!)

[secondhandica]

Nachrichtenagentur
VWD Dow Jones

DJ IRW-PRESS: Castle Gold Corp.: CASTLE GOLD MELDET ERGEBNISSE DER..


14:26
VORLÄUFIGEN METALLURGISCHEN ANALYSE DER ÜBERGANGS-SULFID-RESSOURCEN
IM PROJEKT EL CASTILLO



CASTLE GOLD MELDET ERGEBNISSE DER VORLÄUFIGEN METALLURGISCHEN ANALYSE
DER ÜBERGANGS-SULFID-RESSOURCEN IM PROJEKT EL CASTILLO

CASTLE GOLD CORPORATION (Castle Gold, das Unternehmen) (TSX Venture Exchange:
CSG) freut sich, die Ergebnisse einer ersten metallurgischen Analyse von Proben
aus der Übergangs- und Sulfidzone (Übergangs-Sulfid-Zone) der
Mineralisierung bekannt zu geben, die unterhalb der Oxidreserven der zu 100
unternehmenseigenen Tagebaumine El Castillo im mexikanischen Bundesstaat
Durango identifiziert wurde.

SGS Mineral Services (Lakefield, Ontario, Kanada) hat die metallurgischen
Eigenschaften von vier voneinander unabhängigen Abschnitten eines
geviertelten Bohrkerns bestimmt. Der Bohrkern stammt aus zwei
Diamantbohrlöchern, welche die mit Gold mineralisierte Übergangszone
(eine Probe) und die Sulfidzone (drei Proben) durchteuft haben. Die Proben
wurden sowohl mittels herkömmlicher Bottle-Roll-Verfahren als auch anhand
von Groberz-Bottle-Rolls untersucht, um die Rahmenbedingungen bei der
Haufenlaugung zu simulieren. Die Head Grades der Proben lagen im Durchschnitt
zwischen 0,53 und 1,15 Gramm pro Tonne Gold (siehe auch Tabelle 1,
Goldextraktion mittels Zyanidlaugung Groberz).

Die Zyanidlaugung von Groberz im Bottle-Roll-Verfahren anhand einer einzelnen
Materialprobe aus der Übergangszone ergab nach einer Laugungsdauer von 21
Tagen (Mahlkorngrößen zwischen Inch und Inch) eine
Goldausbeute zwischen 75,5 und 79,9. Die Groberzanalyse der Proben aus der
Sulfidzone ergab eine Ausbeute im Bereich zwischen 42,8 bei einer Probe und
8,3 als unterstem Wert (bei Mahlkorngrößen zwischen Inch und
Inch und einer Laugungsdauer von 21 Tagen).

Darren Koningen, Vice President-Project Development von Castle Gold, nahm zur
metallurgischen Analyse wie folgt Stellung: Diese Ergebnisse stimmen uns sehr
zuversichtlich. Besonders vielversprechend ist das Ausmaß der
Laugungsfähigkeit von Gold aus dem Material der Übergangszone, da die
Ausbeute hier mit jener vergleichbar ist, die wir bei den Oxidressourcen auf
dem Grundstück El Castillo erzielt haben; noch dazu liegt das Material aus
der Übergangszone unmittelbar unterhalb der derzeit im Tagebau
geförderten Oxidreserven. Wir halten aufgrund dieser Ergebnisse
detaillierte Folgeuntersuchungen für gerechtfertigt und haben auch die
Durchführung weiterer Tests geplant, um die metallurgische
Variabilität dieser Zonen besser definieren zu können und mehr
über die Beschaffenheit des Materials sowie den Grad der Goldausbeute zu
erfahren. Auf Basis der aktuellen Bohrdaten befinden sich in der
Übergangszone 261.000 Unzen Gold an abgeleiteten Ressourcen mit einem
Gehalt von 0,73 Gramm pro Tonne Gold bei einem Cutoff-Gehalt von 0,5 Gramm pro
Tonne. Diese Daten wurden auch in der ursprünglichen Ressourcenmeldung im
Februar 2009 ausgewiesen. Diese Erzgehalte stehen in engem Zusammenhang mit
jenen Gehalten, die im untersuchten Probenmaterial gefunden wurden.

Tabelle 1

Goldextraktion mittels Zyanidlaugung von Groberz -
Übergangs-Sulfid-Zonen, Mine El Castillo

Die Tabelle mit den Ergebnissen finden Sie hier:
http://www.irw-press.com/dokumente/CSG_Tabelle1_070509.pdf

Die Head Grades der in den jüngsten Untersuchungen verwendeten
metallurgischen Proben sind im selben Bereich angesiedelt wie bei den zuletzt
berechneten abgeleiteten Ressourcen in Höhe von 27,9 Millionen Tonnen mit
einem Durchschnittsgehalt von 0,7 Gramm Gold pro Tonne für insgesamt
624.712 Unzen enthaltenes Gold, die innerhalb der Übergangs-Sulfid-Zonen
beschrieben wurden, welche sich unterhalb der im Tagebau geförderten
Reserven der Mine El Castillo befinden (siehe nachstehende Tabelle 2 und
Pressemeldung vom 28. Februar 2009).

Tabelle 2: Übergangs-Sulfid-Zone

Zusammenfassung der Ressourcen bei unterschiedlichen Cutoff-Gehalten, Mine El
Castillo

Die Tabelle mit den Ergebnissen finden Sie hier:
http://www.irw-press.com/dokumente/CSG_Tabelle2_070509.pdf

Zu den nachfolgenden Schritten der metallurgischen Evaluierung von Material
aus der Übergangs-Sulfide-Zone zählen wie folgt:

1.Wiederholung der Groberz-Bottle-Roll-Tests an weiteren Kernproben der
Übergangszone aus drei Kernlöchern in unterschiedlichen und
möglichst weit von der bekannten Ressource entfernten Standorten. Das
Probenmaterial aus jedem einzelnen Loch wird je nach Abschnittstiefe
(obere/mittlere/untere Übergangszone) in drei Mischproben aufgeteilt, um
die Wirkung der unterschiedlichen Sulfid-/Oxid-Verhältnisse zu
untersuchen;

2.Durchführung von Groberz-Bottle-Roll-Tests (1/4 Inch
Mahlgröße) an sechs bis acht unterschiedlichen Proben aus der
Sulfidzone, die aus mindestens drei verschiedenen und möglichst weit von
der bekannten Lagerstätte entfernten Standorten entnommen wurden, um die
Möglichkeit einer Ausbeute zu bewerten, und

3.in Abhängigkeit von den Ergebnissen aus dem 2. Schritt die
Vorbereitung weiterer Untersuchungen anhand von Material aus der Sulfidzone, um
andere Mahlgrößen und Verarbeitungsmethoden zu untersuchen.

Diese Arbeiten werden voraussichtlich zu Beginn des 3. Quartals 2009
abgeschlossen sein.

Angaben zur Qualifizierten Person/Qualitätssicherungsmaßnahmen

Diese Pressemeldung wurde von Darren Koningen, P. Eng., Vice President
für Project Development bei Castle Gold, geprüft. Hr. Koningen ist
eine nach der Vorschrift National Instrument 43-101 qualifizierte Person. Die
metallurgischen Untersuchungen wurden von Hrn. Koningen beaufsichtigt.

Informationen zu Castle Gold

Castle Gold Corporation ist ein wachstumsorientierter Goldförderer mit
Projekten vor allem in Nord- und Südamerika. Die Gesellschaft besitzt eine
100-ige Beteiligung an der Goldmine El Castillo in Mexiko und eine 50-ige
Beteiligung an der Goldmine El Sastre in Guatemala. Außerdem führt
Castle Gold die Explorations- und Erschließungsarbeiten für sein
Gold-Silber-Kupfer-Projekt im mexikanischen La Fortuna in Mexiko fort.

Weitere Informationen erhalten Sie von:

Thomas Atkins

President und CEO

oder

Rory Quinn

Manager Investor and Public Relations

Tel.: [phone] oder gebührenfrei: [phone]

oder per Fax: [phone], E-Mail: [e-mail] oder über
unsere Website: www.castlegoldcorp.com.

Die TSX Venture Exchange und deren Regulierungsorgane übernehmen
keinerlei Verantwortung für die Angemessenheit oder Genauigkeit dieser
Meldung.

Für die Richtigkeit der Übersetzung wird keine Haftung
übernommen! Bitte englische Originalmeldung beachten!

Die englische Originalmeldung finden Sie unter:

http://www.irw-press.at/press_html.aspx?messageID13960

NEWSLETTER REGISTRIERUNG:

Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:

http://www.irw-press.com/alert_subscription.php?langde&isinC…

Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der
Aussender

verantwortlich.

Kostenloser Abdruck mit Quellenangabe erlaubt.
20090511 1425
[e-mail]

Castle Gold Corp.


(END) Dow Jones Newswires

May 11, 2009 08:26 ET (12:26 GMT)

051109 12:26 -- GMT
© DJV

[go4money]

Antwort auf Beitrag Nr.: 37.144.384 von secondhandica am 11.05.09 14:46:19

....hört sich ja sehr zuversichtlich an...

Kann jemand bei der Interpretation helfen????

[go4money]

Antwort auf Beitrag Nr.: 37.153.862 von go4money am 12.05.09 13:59:45

une 09, 2009
Castle Gold Intersects 42.7 Metres Grading 0.7 Grams Per Tonne Gold As Part Of El Castillo Mine Resource Expansion Program
News Release No. 13/ 09
View News Release in PDF Format

CASTLE GOLD CORPORATION (Castle Gold, the Company) (TSX Venture Exchange: CSG) is pleased to announce initial assay results from the remaining 13 of its 19 hole Phase 1 reverse circulation drill program aimed at expanding the gold resource to the south and south-east of the open pit at its 100 percent owned El Castillo gold mine in Durango State, Mexico.

The best intersection of this second set of drill holes was in drill hole CA -- 231 which intersected 42.7 metres grading 0.72 grams per tonne gold from 54.9 metres to 97.5 metres drill hole depth. All but two of the 13 remaining drill holes from the program intersected gold mineralized intervals from surface to depths of as much as 146.3 metres intersection length at gold grades above the resource cut-off grade (0.15 grams per tonne gold) used to calculate the El Castillo mine gold resource and reserves (refer to table 1 -- Summary Assay Results -- El Castillo Mine Phase 1 Resource Expansion Drill Program), and are comparable or better than the historic assay results in the vicinity of these Phase 1 drill holes, the locations of which are illustrated in Image 1 -- El Castillo Mine Drill Hole Location Map. It should be noted that drill holes CA - 228 and CA - 229 were condemnation drill holes drilled for mine planning purposes, bringing the total number of holes drilled under this combined program to 21 drill holes.

Thomas Atkins, President and CEO of Castle Gold commented on the drill results stating: "Results from the remaining holes from this program continue to provide encouragement that the Company can expand the resources, and possibly the reserves, in the area to the south and south-east of the currently planned open pit reserves. Drill hole CA -- 231 was another good intersection that combines with a terrific intersection in hole CA -- 216 from the first round of drilling. With all the results now having been received, our technical team will now include this data into our mine drill database and recalculate the mineral resources. Once we've seen what this new resource looks like, we'll be better positioned to determine how much additional work may be required to further expand resources and ultimately to bring this material into the mine plan. We continue to consider the results of this drill program within the context of an overall resource expansion program underway, including additional definition of work towards better defining the metallurgical characteristics of the Transition-Sulphide Zone below the currently designed open pit. We expect to continue to be able to report on these exciting value adding developments over the coming months and quarters."

The Company drilled a total of 21 reverse circulation drill holes for a total of 2,170.2 metres in the Phase 1 Program, including 2 holes totalling 301.8 metres as part of a condemnation program for mine planning purposes. Historic drilling in the south and south-east area includes a total of 4,973 metres in 21 drill holes (refer to Table 2 -- Summary Assay Results -- El Castillo Mine Historic Resource Drill Results).

Table 1

Summary Assay Results -- El Castillo Mine Phase 1 Resource Expansion Drill Program

Drill Hole Number

From

To

Length

Gold Grade



(m)

(m)

(m)

(gpt)

CA - 223

15.2

25.9

10.7

0.28



56.4

68.6

12.2

0.25

CA - 224

3.0

64.0

61.0

0.21

including

3.0

9.1

6.1

0.33

including

53.3

64.0

10.7

0.27

CA - 225

0.0

30.5

30.5

0.53

CA - 226

3.0

33.5

30.5

0.23

including

3.0

18.3

15.3

0.31

CA - 227

47.2

68.6

21.4

0.16



80.8

89.9

9.1

0.21

CA - 228

73.2

146.3

73.2

0.28

including

74.6

85.3

10.7

0.39

including

91.4

111.2

19.8

0.36

CA - 229

No significant results





CA - 230

9.1

51.8

42.7

0.32

including

9.1

27.0

19.8

0.35

including

35.0

50.3

15.3

0.41

CA - 231

54.9

97.5

42.7

0.73

CA - 232

0.0

65.5

65.5

0.42

including

13.7

48.8

35.1

0.53

including

59.4

65.5

6.1

0.70

CA - 233

6.1

117.3

111.2

0.35

including

51.8

65.5

13.7

0.39

including

80.8

105.2

24.4

0.47











CA - 234

No significant results





CA - 235

0.0

9.1

9.1

0.22



Note: Reported drill hole intersection lengths are indicated in the table above and are not true width. Drill holes are drilled at 60 degree angle to horizontal in a generally perpendicular direction to interpreted mineralized structures. More information is required regarding orientation of mineralized structures relative to the drill hole angle prior to being able to determine true intersection width.

Subsequent stages in the exploration and potential development of the mineral resources to the south and south-east of the currently designed El Castillo open pit, as are being advanced by this drilling are intended to include:
Evaluation of all Phase 1 drill hole data taking into account geology, structures and assay results;
Consideration of an updated resource calculation based on the addition of the results from Phase 1 drilling combined with the historic drilling; and
Consideration of a Phase II drill program to further define resource potential in the area. It is expected that this proposed work will be completed in the third quarter of 2009.


Table 2

Summary Assay Results -- El Castillo Mine Historic Resource Drilling

Drill Hole Number

From

To

Length

Gold Grade



(m)

(m)

(m)

(gpt)

CA - 14

24.0

34.5

10.5

0.22

CA - 44

0.0

24.0

24.0

0.53



45.0

126.0

81.0

0.34

CA - 46

16.5

45.0

28.5

0.43



102.0

144.0

42.0

0.34

CA - 49

22.5

30.0

7.5

0.24

CA - 51

0.0

42.0

42.0

0.32

CA - 56

No significant results

CA - 101

No significant results

CA - 103

0.0

37.5

37.5

0.22

CA - 105

13.5

40.5

27.0

0.25



54.0

72.0

18.0

0.32

CA - 112

70.5

84.0

13.5

0.35

CA – 141

54.0

73.5

19.5

0.23



112.5

136.5

24.0

0.48

CA – 143

7.5

70.5

63.0

0.30

CA – 144

54.0

124.5

70.5

0.46

CA – 147

111.0

127.5

16.5

0.40

CA – 149

106.5

141.0

34.5

0.26

CA – 164

25.5

145.0

120.0

0.40

CA – 181

28.5

51.0

22.5

0.61



67.5

78.0

10.5

0.25

CA – 189

13.5

84.0

70.5

0.41

CA – 193

1.5

16.5

15.0

0.20



24.0

42.0

18.0

0.20



57.0

118.5

61.5

0.43

CA – 199

72.0

108.0

36.0

0.39

CA - 214

No significant results



Qualified Person Comments/Quality Control Procedures

This press release has been reviewed by Mr. Darren Koningen, P. Eng., Castle Gold's Vice President Project Development. Mr. Koningen is a Qualified Persons under National Instrument 43-101. The reverse circulation drill program and on-site sample preparation procedures were supervised by Miguel Cardona, Castle Gold's Exploration Manager a BSc geological engineer with over 20 years experience in mineral exploration, project development and resource calculation.

All drill hole samples were composited at site into 1.5 meter intervals and split with half the sample sent for preparation and analysis to ALS-Chemex Laboratories in Vancouver, Canada using gold fire assays with an Atomic Absorption Spectroscopy ("AAS") finish. The remainder of the samples were then split again at site with half kept as the final sample reject and half assayed by Castle Gold at their on-site laboratory facilities according to hot cyanide-shake procedures. The assays from the Castle Gold laboratory were used for a comparative purposes only and are not reported in this summary.

Corporate Development

The Company would also like to make mention that it has granted 45,000 options to purchase shares of Castle Gold to Agoracom, an online investor relations services provider. The terms of the engagement are for a minimum period of 6 months and include a monthly fee of CDN$4,000 per month. The options are exercisable at a price of C$0.68 per share for a period of five years and vest quarterly over 4 quarters commencing the issuance date of June 2, 2009.

AGORACOM services have been retained to add to Castle Gold's investor relations program by including Castle Gold in their internet platform, including a Castle Gold investor relations 'IR Hub' at: http://www.agoracom.com/IR/castlegold where interested parties can post questions and receive answers from the Company in addition to browse through various sources of information on the Company and its projects.

In a press release dated May 21, 2009 an announcement regarding issuance of options to Darren Koningen erroneously made reference to a three year exercise period, however in fact the options issued are exercisable over a five year period. All other details regarding the issuance of these options are as stated in this earlier press release.

About Castle Gold

Castle Gold Corporation is a growth oriented gold producer with projects focused in the America's. The Company owns a 100% interest in the El Castillo gold mine in Mexico and a 50% interest in the El Sastre gold mine in Guatemala. Castle Gold is also advancing exploration and development work at its La Fortuna gold-silver-copper project in Mexico.

For further information please contact:

Thomas Atkins
President and CEO

or

Rory Quinn
Manager Investor and Public Relations

Tel: [phone] or Toll Free: 1 866 646 3274

or by fax: [phone], email: [e-mail] or visit our website: www.castlegoldcorp.com.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.



View News Release in PDF Format:
File: http://www.castlegoldcorp.com/i/pdf/2009-06-09_Phase_1_Drill…
435 KB, approx. 1 minute, 22 seconds at 56.6Kbps

[go4money]

Antwort auf Beitrag Nr.: 37.362.320 von go4money am 10.06.09 12:56:00

Das ging ja gestern ab in Übersee....

Da wissen doch bestimmte Leute mehr! Heute gibts um 1:30 pm ein General Meeting... Dieser gestrige Schwung war sicher kein Zufall.....

June 19, 2009
Annual General Meeting
Annual General Meeting to be held at the Toronto Board of Trade, 1 First Canadian Place, Toronto, Ontario M5X1C1, Ketchum/Osgoode Rooms on Friday, June 19, 2009 at 1:30 p.m. (Toronto time). It is anticipated that a conference call facility will be made available for those unable to attend the Annual General Meeting.

[go4money]

Antwort auf Beitrag Nr.: 37.425.659 von go4money am 19.06.09 11:23:17

Was ist denn hier los???

[james_mg11]

Es gibt ja auch noch (positive) Nachrichten:

[Ausschnitt aus: TMX Money...]

"...
Castle Gold Announces Operation of Remaining New Equipment Fleet at El Castillo Mine Enabling Targeted Expanded Production

11:13 AM ET, July 21, 2009


TORONTO, ONTARIO, Jul 21, 2009 (Marketwire via COMTEX) -- CASTLE GOLD CORPORATION (Castle Gold, the Company) (CSG) is pleased to announce that following the signing of a new contract with CAMSA, the mining contractor at the Company's 100% owned El Castillo gold mine in Durango State, Mexico in March 2009, the remaining new pieces of equipment have arrived on site enabling enhanced mining to the targeted, expanded production level. The addition of this new equipment enables the mining of 800,000 tonnes per month total monthly mine production (waste and ore material) effective immediately. This rate represents an approximate 30 percent increase over the average monthly amount of material mined at El Castillo in the second quarter of 2009 and is a 70 percent increase over the amount of material mined in the fourth quarter of 2008, prior to the signing of the new mining contract and the arrival of new equipment.


The new contract provided for the mobilization of a fleet of larger mining equipment thereby enabling the ramp-up of production to in excess of 50,000 ounces of gold annually at reduced unit costs relative to the current contract. Under the terms of the new agreement, unit costs of the mined material are reduced by 10% relative to the previous terms. At the expanded mining rate of 800,000 tonnes per month, this offers savings of approximately US$25 per ounce of gold produced commencing July 1, 2009.

Thomas Atkins, President and CEO of Castle Gold commented on the ramp-up of production stating: "The operating team at El Castillo continues to successfully expand mining rates, which as this additional material is loaded on the pads, and as the waste to ore ratio is reduced over the next two to three quarters, will be reflected in higher gold production to 50,000 ounces per year and will result in further efficiencies and reductions in operating costs. The new equipment additions are a milestone in this expansion, however there has been a great deal of additional work performed by the technical team in ensuring the infrastructure to support this rapid doubling of production, including permits for the expansion, additional water supply, leach pad space and expansions to the gold recovery plant.

We remain focused on the expansion in production, but the management team isn't stopping there as we look to increase resources and reserves at El Castillo with a new resource study expected late in September 2009 based on the results from the Phase I resource expansion drilling. This resource modeling will help establish Phase II drilling to commence likely in early Q4 once the rainy season ends. Phase II drilling is planned to establish a new Measured and Indicated resource and new Proven and Probable reserves from this work. Our hope is that with success in this resource-reserve expansion program, by the time we have reached our 50,000 ounce production target in 2010, we will be advancing a further expanded production scenario, based on additional reserves at El Castillo."

The most recent new equipment additions are as follows:

- 4 Caterpillar CAT 740, 40 ton capacity articulated trucks;

- 1 Caterpillar CAT 988H, 8.5 yard capacity front-end-loader;

The total new equipment fleet is as follows:

- 8 Caterpillar CAT 740, 40 ton capacity articulated trucks;

- 2 Caterpillar CAT 988H, 8.5 yard capacity front-end-loader;

- 3 Atlas Copco ECM 590 RC, blast-hole drills for 3 1/2 inch diameter blast-holes;

- 1 Caterpillar CAT 416, back-hoe excavator; and

- 1 hydraulic hammer for secondary rock breaking.

It is expected that the combination of new and original equipment will permit mining at the expanded production target rate of 800,000 tonnes of waste and ore material per month effective immediately. An additional 2 - CAT 740, 40 ton trucks plus 1 - CAT 988H front-end-loader will arrive in September permitting maintenance of the new equipment that has arrived since April 2009 at a sustained production level of 800,000 tonnes of material mined per month. With the reduction of the waste:ore ratio in early 2010 towards the life-of-mine waste:ore ratio of 0.6:1.0, from current levels of 1.3 to 1.5 : 1.0 at present, higher volumes of gold production towards the 50,000 ounce per year level are expected.
..."

Also jetzt alle(s) auf dem Weg zu
- höherem Volumendurchlauf
- höherem Ergebnis
- niedrigeren Produktionskosten

Ich denke, das kann nicht negativ sein...

[go4money]

Antwort auf Beitrag Nr.: 37.623.191 von james_mg11 am 22.07.09 15:16:16

Ich denke auch das wir das durchaus positiv sehen sollten.

Auch wenn der Kurs nicht so recht weiss wo es lang geht, oder!???

[james_mg11]

Antwort auf Beitrag Nr.: 37.627.254 von go4money am 22.07.09 22:38:21

>...
> Auch wenn der Kurs nicht so recht weiss wo es lang geht, oder!???

jepp !

[irgendjemand möchte nicht, dass sich der "Fehler" mit den 0,70 Can$ wiederholt... Oder jemand möchte nicht, dass jemand zu teuer einsteigen kann/soll/muss... oder, oder, oder...]

Jedenfalls sieht es generell mit dem Goldpreis eigentlich nicht wirklich schlecht aus.

[go4money]

Antwort auf Beitrag Nr.: 37.627.585 von james_mg11 am 22.07.09 23:52:00

Das stimmt! Und ie 0,8 gab es ja auch mal ganz kurz....

Ich sehe das eher als positiv... Wenn hier noch jemand billig einkaufen will, wirds hier irgendwann teurer....

[james_mg11]

...
Was ist denn heute los ???

bid/ask : Can$ 0,51/0,51






Muss man das verstehen ?

[james_mg11]

...

und jetzt:

bid/ask : [Can$] 0,50/0,50



Keine News bisher gesehen...
(auf TSX)

Gibt's welche ?

[james_mg11]

...


Alles zurück...

Jetzt (wieder):

[TSX] bid/ask : [Can$] 0,63/0,65




[Ich gick' nicht mehr, wenn die Can.s gerade "starten"...

[james_mg11]

...
ist hier überhaupt noch jemand???
...

...
Heute stehen "wir" etwa so da, wie vor 1,5 Monaten (letzter Beitrag)...
Heißt das - da sich Castle Gold ja NICHT bewegt, wenn der Goldpreis (zumindest in US-$) steigt - daß wir jetzt 'mal wieder auf den nächsten Quartalsabschluss warten sollen; also so im Nov.?

[go4money]

Antwort auf Beitrag Nr.: 38.000.820 von james_mg11 am 17.09.09 14:54:33

Ist hier überhaupt noch jemand ist ne gute Frage... Ich auf jeden Fall...

Diese Seitwärtsbewegung ist schon verwunderlich bei diesem Goldpreis. Allerdings erwarte ich mir eine deutliche Steigerung zum nächsten Q-Report, dort sollte sich dieser widerspiegeln!

[james_mg11]

Antwort auf Beitrag Nr.: 38.120.758 von go4money am 06.10.09 10:00:18

> ...
> Diese Seitwärtsbewegung ist schon verwunderlich bei diesem
> Goldpreis. Allerdings erwarte ich mir eine deutliche Steigerung
> zum nächsten Q-Report, dort sollte sich dieser widerspiegeln!

Naja - auf den warte ich auch, wird aber wohl vor Nov. nichts werden!?
Bis dahin sehen wir uns die schwache PR-Arbeit an und hoffen auf gut Verkäufe und eine (wieder) ordentlich laufende Produktion (die hoffentlich auch nicht zu sehr vom Wetter und Ausfällen beeinträchtigt [werden] wird)!

Na denn...

[vowp]

gute Nachrichten bei castle gold:

http://www.castlegoldcorp.com/s/NewsReleases.asp?ReportID=36…

Gruß vowp

[einfachklasse]

wir werden geschluckt zu 0,78 euro / 1,25 cad

Marketwire]

[]


Castle Gold Corporation
TSX VENTURE:
CSG
Other Recent News
October 28, 2009
Argonaut Gold Seeks to Acquire Castle Gold for a Minimum of C$1.25 Per Share
TORONTO, ONTARIO--(Marketwire - Oct. 28, 2009) - CASTLE GOLD CORPORATION (TSX VENTURE:CSG) is pleased to announce today that it has entered into a support agreement with Argonaut Gold Inc. ("Argonaut") in connection with the proposed acquisition (the "Offer") by Argonaut of all of the common shares of Castle Gold Corporation ("Castle Gold"). Under the terms of the Support Agreement, Argonaut will offer to acquire, by way of a take-over bid, all of the issued and outstanding Common Shares at a price of C$1.25 per fully diluted share, subject to an increase in such price by C$0.01 for every 1% increase in the price of gold calculated from a starting gold price of US$1,050 to the 5 day average London Gold Fix (PM) price for December 18, 21, 22, 23 and 24, 2009, provided that the maximum final Offer price shall not exceed C$1.50 per Common Share.

The Board of Directors of the Company upon consultation with its financial and legal advisors, has unanimously determined that the Offer is fair to shareholders, that the Offer is in the best interests of Castle Gold and the shareholders, and accordingly, has unanimously approved the entering into of the Support Agreement and the making of a recommendation that shareholders accept the Offer. All members of the Board and Management have entered into Shareholder lock-up agreements for their issued and outstanding Common Shares and agreed to tender such Common Shares to the Offer. The Board has received a verbal opinion that, subject to the assumptions, limitations and qualifications stated in such opinion, the consideration to be received under the Offer is fair, from a financial point of view, to Castle Gold's shareholders.

The Offer is subject to certain conditions that are required to be satisfied prior to take-up and payment by Argonaut. Argonaut must raise the capital necessary on or before November 23, 2009 to pay the final offer price to shareholders. In addition, at least 66 2/3% of the Common Shares outstanding calculated on a fully-diluted basis must be validly deposited pursuant to the Offer and not withdrawn by 5:00 pm (Toronto time) on December 30, 2009.

To date Shareholders representing 43% of the issued and outstanding Common Shares have entered into Shareholder lock-up agreements and agreed to tender such Common Shares to the Offer.

Castle Gold may terminate the Support Agreement under certain circumstances, including if the Board determines in good faith that it has received a Superior Proposal (as such term is defined in the Support Agreement). If Castle Gold terminates the Support Agreement in order to accept a Superior Proposal, it must pay a break fee of C$3 million. If Argonaut does not meet certain obligations, then it must pay a fee to Castle of US$600,000 to assist in covering expenses incurred during the transaction.

The Offer represents a significant premium of 39% at the minimum Offer price to the closing price of $0.90 on October 27, 2009. Further, the minimum Offer price represents a premium of 46% over the volume-weighted average trading price of Common Shares on the last 20 trading days before the announcement. This premium has the potential to increase based on a possible rise in the gold price during the course of the Offer.

Mark Selby, Milt Baehr, and James Mark Plaxton of the Mergers & Acquisitions Committee (M&AC) of Castle Gold comment that "This Offer is a result of the Strategic Alternative Review Process initiated by the Board of Directors earlier this year. The offer recognizes the future growth potential of our assets and allows Castle Gold shareholders to realize a substantial portion of this value today. The pricing increment in the offer also allows our shareholders to participate in increases in the gold price through the remainder of the year should the transaction be consummated." Castle Gold's Chairman of the Board and M&AC James Mark Plaxton adds "I am very proud of the work done by our entire technical and operating teams in the development of our assets and the results achieved by the members of our M&A Committee, as recognized by the value in this Offer. The dedication and hard work from our team and Board of Directors has allowed us to present this attractive acquisition to our shareholders without typical investment banking transaction fees - allowing our shareholders to realize additional value. I encourage all shareholders to tender their shares under the Offer."

In conjunction with the transaction, Castle Gold will seek to raise C$3.5 million in a private placement. The proceeds from the financing will be used for our continued production expansion at El Castillo and pay one-time expenses associated with the transaction.

The take-over bid circular, containing the full terms of the Offer, is expected to be sent to the Company's shareholders, together with the directors' circular and other related documents in connection with the Offer, on or before November 24, 2009. If the take-over bid circular is mailed prior to November 24, 2009, the expiry date of the Offer may occur as early as December 24, 2009. The full text of the fairness opinion received by the Board, which Castle Gold shareholders are urged to read in their entirety, will be set forth in Castle Gold director's circular. The Offer will remain open for at least 35 days following the mailing of the Offer.

GMP Securities L.P. and Auramet Trading LLC have been engaged as financial advisors to Argonaut and Fraser Milner Casgrain LLP has been engaged as legal advisor to Argonaut. Gryphon Partners Canada Inc. has provided a verbal fairness opinion to Castle Gold and Cassels Brock & Blackwell LLP has been engaged as legal advisor to Castle Gold.

About Castle Gold

Castle Gold Corporation is a growth oriented gold producer with projects focused in the Americas. Castle Gold owns a 100% interest in the El Castillo gold mine in Mexico and a 50% interest in the El Sastre gold mine in Guatemala. Castle Gold is also advancing exploration and development work at its La Fortuna gold-silver-copper project in Mexico.

About Argonaut Gold

Argonaut Gold Inc. is a private company formed by Brian Kennedy, Peter Dougherty and Edgar Smith, former senior executive leadership of Meridian Gold Inc. Argonaut was formed with the goal of creating the next quality mid-tier gold company.

Forward Looking Statements

Certain statements in this press release constitute "forward-looking" statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Castle Gold to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this news release, words such as "plans", "hope" and "expects" and similar expressions to the extent they relate to Castle Gold are intended to identify forward-looking statements. There is no assurance that any strategic transaction will be completed. Unless required by applicable securities law, Castle Gold does not assume any obligation to update forward-looking statements.


--------------------------------------------------
TSX-V Trading Symbol: CSG
Total Shares Outstanding: 75.5MM
Fully Diluted: 82.8MM
52-Week Trading Range: C$0.15 - $1.05
--------------------------------------------------




The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
CONTACT INFORMATION:
Castle Gold Corporation
James Mark Plaxton
Chairman of the Board and M&A Committee
416 214 4809 or Toll Free: 1 866 646 3274
[e-mail]

or

Castle Gold Corporation
Rory Quinn
Manager Investor & Public Relations
416 214 4809 or Toll Free: 1 866 646 3274
Fax: [phone]
[e-mail]@CastleGoldCorp.com

or

Castle Gold Corporation
[e-mail]
www.CastleGoldCorp.com
INDUSTRY: Manufacturing and Production - Mining and Metals

[james_mg11]

Antwort auf Beitrag Nr.: 38.270.465 von einfachklasse am 28.10.09 14:33:00

> wir werden geschluckt zu 0,78 euro / 1,25 cad
>...

Naja - ich weiß nicht, was ich davon halten soll...

Wie geht's jetzt weiter (wenn Argonaut 66 2/3 % der common
shares haben sollte, etc.) ???

Ich: ratlos

[james_mg11]

> "
Castle Gold Announces Management Change

4:01 PM ET, October 30, 2009


TORONTO, ONTARIO, Oct 30, 2009 (Marketwire via COMTEX) -- CASTLE GOLD CORPORATION (Castle Gold or the Company) (CSG) today announced that Thomas Atkins, the Company's President and Chief Executive Officer, is leaving his position with the Company effective today. The Board has appointed Milton Baehr as the Interim Chief Executive Officer and James Mark Plaxton as the Interim President of the Company both of whom are existing Board members.


Further, in accordance with the Majority Voting Policy and based on the results of the Company's Annual & Special Meeting of Shareholders held earlier in the year Mr. Atkins had previously tendered his required resignation as a member of the Board of Directors.

The Board of Directors wishes Mr. Atkins the best of luck in his future endeavours.

About Castle Gold

Castle Gold Corporation is a growth oriented gold producer with projects focused in the Americas. The Company owns a 100% interest in the El Castillo gold mine in Mexico and a 50% interest in the El Sastre gold mine in Guatemala. Castle Gold is also advancing exploration and development work at its La Fortuna gold-silver-copper project in Mexico.


TSX-V Trading Symbol: CSG
Total Shares Outstanding: 75.5MM
Fully Diluted: 82.8MM
52-Week Trading Range: C$0.15 - $1.15
...
...
..
.
"
Jetzt verlässt schon Meister Atkins
die Fa. .....
Vorbereitung zum Ausstieg des akt. Managements und
zum Einstieg der neuen Manager?

...

Könnt' sein.
Mein' ich.

[Verlumder]

wann genau ist die Übernahme? Wie sollte man sich verhalten?

[james_mg11]

Antwort auf Beitrag Nr.: 38.308.792 von Verlumder am 03.11.09 12:07:07

> wann genau ist die Übernahme? Wie sollte man sich verhalten?

Meine Gedanken sind dazu folgende:

Zunächst 'mal hat Argonaut... ein Übernahmeangebot an Castle Gold "unterbreitet". Dies hat die Geschäftsleitung von Castle Gold wohlwollend zur Kenntnis genommen.(!) Diese Leute haben ihre Castle-Gold-Aktienbestände "eingefroren" (um sie wohl dann Argonaut komplett - und als Prozentsatz berechenbar - direkt verkaufen zu können; oder "einbringen zu können", etc.)

> The Offer is subject to certain conditions that are required to be satisfied prior to take-up and payment by Argonaut.

Argonaut hat also erst einmal einige Vorbedingungen zu erfüllen:

> Argonaut must raise the capital necessary on or before November 23, 2009 to pay the final offer price to shareholders.

Argonaut muss also (wohl auch nachweislich!?) VOR 23/11/2009 genug Geld "zusammengebracht" haben, um alle zu übernehmenden Aktien auch bezahlen zu können.

> In addition, at least 66 2/3% of the Common Shares outstanding calculated on a fully-diluted basis must be validly deposited pursuant to the Offer and not withdrawn by 5:00 pm (Toronto time) on December 30, 2009.

Es müssen mind. 66 2/3 % der Aktien (auf "voll-verwässerter" Basis) verlässlich (und nicht doch noch zurückgezogen) am 30/12/09 um 15:00 "übernehmbar" sein.

> Under the terms of the Support Agreement, Argonaut will offer to acquire, by way of a take-over bid, all of the issued and outstanding Common Shares at a price of C$1.25 per fully diluted share, subject to an increase in such price by C$0.01 for every 1% increase in the price of gold calculated from a starting gold price of US$1,050 to the 5 day average London Gold Fix (PM) price for December 18, 21, 22, 23 and 24, 2009, provided that the maximum final Offer price shall not exceed C$1.50 per Common Share.

Wenn es also dazu kommen sollte, dass alle Bedingungen erfüllt werden
UND
Castle Gold (Gesellschaft) das "Support Agreement" NICHT wegen eines höheren Gebotes zurückzieht,
wird sich offensichtlich - finanziell für Aktienbesitzer - vor irgendwann im Januar nichts tun, sofern man dem Verkauf zugestimmt hat.

Das ist ein wichtiger Punkt:
Wie auch schon ein paar Mal im Mitteilungstext geschrieben, muss jeder Aktienbesitzer (über seine Depot-führende Bank) angeschrieben(!) werden und seinen Willen zum Angebot kundtun.
Das muss - wenn ich es richtig verstanden habe - einschließlich der Zustimmung (oder eben nicht) der Aktienbesitzer bis zum 24/12/09 passiert sein.

Man könnte sich dann überlegen, ob man - z.B. (wenn man denkt, dass das noch nicht alles gewesen sein kann) - 50% "anbietet" (== verkauft) und 50% hält (weil "da doch noch mehr kommen" sollte...).
So werd' ich das wahrscheinlich machen. Auf jeden Fall hätte man dann einen (womöglich schönen) Gewinn realisiert, wäre aber noch "nicht ganz draußen".

Zunächst kann man nicht gezwungen werden, seine Aktien zu verkaufen.

Allerdings könnte es sein (weiß ich nicht), dass es ab einer bestimmten "Prozentzahl der Aktien im Eigentum des Übernehmenden" (in D sind das wohl z.Zt. 95% !?), die Mehrheitseigentümer ein "squeeze out" der übrigen Aktienbesitzer durchführen kann/darf. Da gelten dann (wenn's hier/Can. auch so ist) andere Berechnungsgrundlagen für den Kurs, der dann zu zahlen ist...

Bem.: Noch weiß man ja nicht, wie Argonaut die "Gesamt-Argonaut" führen will. Als Aktiengesellschaft? oder?

Ich werd' erst einmal das persönliche Anschreiben abwarten.
Dann sollte immer noch genug Zeit zum Überlegen sein.

[james_mg11]

Antwort auf Beitrag Nr.: 38.309.419 von james_mg11 am 03.11.09 13:23:41

...
Ja !
...
Wie...

Hat keiner mehr etwas dazu zu sagen?
(Fast) Alle schon lange `raus ?
...

[coltraine]

Antwort auf Beitrag Nr.: 38.315.998 von james_mg11 am 04.11.09 09:52:38

hi james,

ich bin noch drin, hab leider nichts substantielles beizutragen. Dein Gedanke mit dem Verkauf ersmal von 50% der shares entspricht auch meiner Herangehensweise, zumal in den nächsten Wochen vielleicht doch mal mit einer Konsolidierung beim Gold zu rechnen ist.

Grüße

[burgweber]

Verdopplung mit Goldfavorit - neue Chance wartet auf Sie!

15:46 15.11.09

Liebe Leser,



unser Favorit im Goldsektor, Castle Gold (TSX-Venture: CSG) konnte operativ durch gute Proben auf seinem La Fortuna Projekt in Mexiko auftrumpfen. So berichtete das Unternehmen von 39 Gramm Gold pro Tonne. Das La Fortuna Projekt von Castle Gold koennte ein versteckter, enorm wertvoller Goldasset sein. Langwierig und kompliziert sollte sich allerdings die Entwicklung des Projektes darstellen: Die Infrastruktur dorthin muss noch deutlich ausgebaut werden. Wir verfolgen die moegliche Uebernahme des Unternehmens durch Argonaut Gold weiterhin. Die Aktie steht aktuell bei 1.24 CAD, durch den weiterhin steigenden Goldpreis bedingt. Sollte der Goldpreis bis 24. Dezember nochmals 200 USD auf ca. 1300 USD zulegen, koennen Aktionaere von Castle Gold sogar bis zu 1.50 CAD pro Aktie kassieren. Das Papier ist in den letzten Wochen 100% gestiegen. Aktive Trader koennen hier die Takeover-Arbitrage spielen und noch guenstig einige Prozente einsacken.



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Beste Gruesse

Harald Seemann

http://www.ariva.de/Verdopplung_mit_Goldfavorit_neue_Chance_…