Cardero Resource Corp. (CDU:TSX-V) - 500 Beiträge pro Seite

[JosedelaVega]

sehr interessanter Gold-Explorer - wenn auch nicht mehr auf Allzeittief ( die Bohrergebnisse waren falsch, desshalb brach der Kurs derartig ein )

akt. Kurs: 1,73 Can. Dollar
infos unter: www.cardero.com

rechne in den nächsten 2 bis 3 Wochen mit kursbewegenden NEWS !!!



hier die letzten zwei News:


Cardero Resource Corp.: Update on Current Exploration in Argentina
9/24/03


VANCOUVER, BRITISH COLUMBIA, Sep 24, 2003 (CCNMatthews via COMTEX) --
Cardero is pleased to present an update of it`s current exploration program at the Olaroz silver project in northwestern Argentina.

At Chingolo, a program of mapping and trenching has been completed and a diamond drilling program will commence immediately. Results received to date indicate that the alteration zone is approximately twice the size of what was previously documented. The zone now measures approximately 1,600 metres in length by up to 800 metres in width. Prior drilling has indicated that the alteration zone is at least 100 metres thick. The objective of the new drill program is to confirm the interpretation of the mineralization model and to seek zones of higher grade silver.

At the Providencia property surface mapping at a local and regional scale is ongoing and a trenching program commenced on Sept 17th. It is anticipated that a diamond drill program will begin at Providencia once the Chingolo drill program is completed.

The Company is well financed with over $4 million in the treasury and well positioned to continue to explore its projects in Argentina and Mexico. Cardero Resource Corp. is currently listed on the TSX Venture Exchange and on the Frankfurt Stock Exchange (Symbol CR5).

On Behalf of the Board of Directors of

CARDERO RESOURCE CORP.

Henk Van Alphen, President

Cardero Resource Corp. Henk Van Alphen President [phone] [phone] (FAX) Email: [e-mail] Website: www.cardero.com

NEWS RELEASE TRANSMITTED BY CCNMatthews The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release which has been prepared by management.

Copyright (C) 2003, CCNMatthews. All rights reserved.





Cardero Acquires Property in Mexico
September 17, 2003


Cardero Resource Corp. (the “Company”) is pleased to announce that it has entered into an option agreement with a private Mexican company to acquire the Franco project in the San Luis Potosi state in Mexico.

The Franco property consists of 2 concessions aggregating 983 hectares. It is located in gentle topography about 60 km. southeast of the city of San Luis Potosi, and is easily accessible by road.

The cash payments and work expenditures to acquire a 100% interest in the Franco project are as follows:

Cash Payments
Cumulative Work

Expenditures

Committed
Optional


Due on signing
US$15,000

Within six months of signing
US$20,000
US$50,000

Within 12 months of signing
US$60,000
US$250,000

Within 24 months of signing
US$100,000
US$550,000

Within 36 months of signing
US$150,000
US$1,050,000

Within 48 months of signing
US$800,000


The acquisition will provide Cardero with a 100% interest subject to a 2% NSR royalty of which 1% can be bought anytime for US$2.0 million.

The Franco project covers a partially exposed, high level, epithermal precious metal system hosted by Tertiary rhyolitic volcanics. Mineralization consists of a NNW trending swarm of quartz veins and stockwork exposed in an area measuring about 1 km. (N-S) by about 500 meters (E-W). The zone is open to the north and south where it is covered by younger volcanics and alluvium. The zone may be open to the west where a fault has down-dropped younger volcanic cover. Extensive rock geochemical sampling has confirmed that the system contains highly anomalous values in antimony, weakly to strongly anomalous values in arsenic and mercury and anomalous values in gold up to in excess of 2 gramms per tonne. The geological setting of this project is similar to that at the Round Mountain Mine, Nevada, with present reserves and past production of 13 million oz. gold.

The Franco property contains a large, untested, gold-bearing system, which is exposed at a relatively high level. It has excellent potential for the development of a bulk mineable precious metal deposit. A program of core drilling will be undertaken to test this potential as soon as the necessary permits are in place. “This project fits with the Company’s philosophy of acquiring projects that have the potential to eventually vend Cardero to a major mining company” said Henk van Alphen, Cardero’s, president.

The Company also announces that pursuant to its Stock Option Plan it has issued stock options to an employee of the Company to purchase up to an aggregate of 100,000 common shares of the Company at $1.25 per share for one year.

The Company is well financed with over $4 million in the treasury and well positioned to continue to explore its projects in Argentina and Mexico. Cardero Resource Corp. is currently listed on the TSX Venture Exchange and on the Frankfurt Stock Exchange (Symbol CR5).

On Behalf of the Board of Directors of

CARDERO RESOURCE CORP.

Henk Van Alphen, President

For further information contact:

Henk Van Alphen, President
Phone [phone]
Fax [phone]
Email [e-mail]




José

[real_butthead]

willkommen im club...

[real_butthead]

PS: für die flüchtigen leser...

Results received to date indicate that the alteration zone is approximately twice the size of what was previously documented The zone now measures approximately 1,600 metres in length by up to 800 metres in widthPrior drilling has indicated that the alteration zone is at least 100 metres thick

[JosedelaVega]

sehr interessant


News Story - Date : October 3, 2002EditRegion1

Cardero Resources Reckons It Has Its Hands On A World Class, Large Tonnage, Open Pit Deposit in Argentina.


It is time to take a very close look at Cardero Resources, a Canadian company which has set its sights on discovering world class deposits of silver in Argentina and Olympic Dam type iron oxide copper gold deposits in Mexico. One aspect of its operations made clear from the start is that this company is elephant hunting on behalf of the majors and has no intention of taking any of its projects through to production. That is for the majors and Cardero will be looking for joint venture partners or outright sales as its exploration programmes advance.

The latest news from the company is that it is acquiring silver concessions over 25,000 hectares in the Salar Olaroz region in northwestern Argentina. The potential of this area was discovered by David Shaw, exploration manager to Cardero, when he was doing some structural geology analysis on Cardero’s Condoryacu gold project. Since then four holes have been drilled on this prospect which gave high grade gold, silver and copper grades over reasonable widths. Condoryacu is just south of the Diablillos silver project and Cardero’s new silver concessions are some way to the north, but on the same prolific Argentinian/Bolivian silver trend. Los Diablillos was acquired not long ago by Silver Standard and has resources of over 100 million ounces of silver, so there are elephants in the area.

The focus of three of the concessions is the La Providencia silver deposit and the area surrounding it, a total of 8,000 hectares. Between 1986 and 1996 a small amount of ore from rudimentary surface-pits, approximately 200,000 tonnes at an estimated mill head grade ranging from 350 to 600 g/t silver, was processed at La Providencia. The fourth agreement encompassing 17,000 hectares secures the regional extensions of La Providencia and the Chingolo silver prospect, located approximately 15 kilometres to the west of the La Providencia silver deposit. Chingolo was acquired on the basis of its geological similarity to La Providencia.

Cardero’s studies to date at La Providencia show that native silver appears to be present at selected sites where silver values reach several thousand grams per tonne. Native silver is present as an apparent primary mineral in carbonate veinlets as well as a secondary alteration product. The company carried out a systematic chip sampling programme within the surface-pits to a depth of 75 metres and 54 chip samples returned weighted average silver values of 489.6 g/t (Argentinean laboratory) and 494.8 g/t (Canadian laboratory). These silver values compare well with the mill head grades at the time of the modest mining operation and could be the basis of a highly profitable low- strip open pit mine.

The Cardero team therefore reckon that there is excellent potential to delineate a world class, large tonnage, open-pit, silver deposit at La Providencia. The mineralisation also appears to be open on the strike extensions, laterally and to depth. The potential to discover other silver deposits of a similar nature in the area is exemplified by the Chingolo silver prospect. During a previous property examination there in 1996 by another exploration company five samples of altered conglomerate were collected from a trench exposure and returned analyses that averaged 747 g/t silver. Cardero therefore has high hopes that the Chingolo prospect has the potential to contain a silver deposit similar to La Providencia though it is at a much earlier stage in exploration terms

At the beginning of last month the company acquired a private Mexican company owning a portfolio of mineral concessions which will increase the area controlled by Cardero in north west Mexico to 17,500 hectares. A significant part of this area covers several attractive iron and copper-iron prospects which could host Olympic Dam style deposits. Virtually no work has yet taken place there, but it is rumoured that some majors such as AngloGold, BHP Billiton and Rio Tinto are already showing considerable interest.

At the same time as the Mexican acquisition Cardero announced that it had made a gold discovery on its Ludavina epithermal gold project near the town of San Quintin in Mexico. Initial work has identified five zones of potential gold mineralisation where chip samples have graded up to 31 g/t. The gold-bearing system is close to a 12 kilometre wide inferred caldera which is a large scale circular volcanic structure often associated with significant gold deposits such as the 11 million ounce Round Mountain mine in Nevada and the 5 million ounce Kori Kollo mine in Bolivia. Cardero will be presenting at our 8th Minesite Mining Forum in London on November 12th, when all will be revealed.

Copyright © 2003 MINESITE. All rights reserved


José

[JosedelaVega]

aktueller denn je dieser Artikel ( wenn auch ein Jahr alt )

Ende Oktober bzw. Anfang Nov. werden wir NEWS sehen

José

[JosedelaVega]

CARDERO - Management`s Strategy

A team of seasoned professionals manages the company. These directors and officers, in aggregate, have previously created wealth for shareholders through the discovery, acquisition and delineation of world class mineral projects several of which have become mines.

The guiding philosophy that has rewarded us in the past is to acquire 100% control of mineral exploration projects that have the potential to contain large mineral deposits.

If we believe that a project such as La Providencia has relatively low technical risk and can be evaluated quickly for a reasonable exploration cost, then the project would be developed 100% by Cardero. If a project requires high levels of exploration financing, such as the Iron Oxide Copper Gold project in the Baja, Mexico, then the company probably would seek a major joint venture partner to fund the program. Early stage projects, such as Ludavina, would be evaluated carefully in sequential stages. Each successive financing and exploration program would depend on the quality of results, measured against market conditions and management’s actual risk-to-reward project evaluation criteria, and the project then either continued 100% in-house, farmed-out, or terminated.

Our intent is to delineate a valuable mineral deposit asset 100% in-house and eventually vend Cardero to a major mining company, a proven strategy which will deliver a superior financial experience to all loyal shareholders. We believe that our La Providencia silver deposit has the potential to deliver this desired result.

Large mining companies need to acquire large-tonnage world-class mineral deposits to replace rapidly depleting reserves. Small deposits and mines will not suffice. The acquisition of Diamondfields Resources Ltd by Inco Ltd. in 1996 following the discovery of the huge Voisey’s Bay copper-nickel deposit is a typical example of where the shareholders of a Canadian junior resource company have been outstandingly rewarded by the discovery and delineation of a world-class future mine.

The Company is currently evaluating silver properties in Argentina and gold and copper properties in Mexico, projects that we believe have the potential to contain world-class mineral deposits.


José

[JosedelaVega]

interessantes Interview vor allem bez. der Mex. Aquisition:

http://www.wallstreetreporter.com/profiles/CarderoResources.…

josé

[JosedelaVega]

Cardero Extending Exposure to IOCG Targets
Friday October 17, 12:50 pm ET


VANCOUVER, BRITISH COLUMBIA--Cardero Resource Corp. (the "Company" or "Cardero") is pleased to announce that it has entered into an agreement with a private Peruvian company to acquire approximately 30,000 hectares in the Marcona district of the Pacific coastal belt in Peru.
Approximately, 10,000 hectares out of the 30,000 hectares are subject to an underlying agreement with Rio Tinto Mining and Exploration Limited. The private company holds the exclusive right and option to acquire a one hundred percent interest from Rio Tinto subject to a 0.5% royalty and by incurring $450,000 in exploration expenditures over three years ending August 22, 2006 and by paying Rio Tinto US$500,000 on or before August 22, 2007. Subject to regulatory approval Cardero can earn a 100 % interest in all 30,000 hectares by assuming and performing all the commitments to Rio Tinto and by making the following payments.

- 150,000 common shares due on acceptance by the TSX Venture Exchange
- 100,000 common shares 6 months after TSX approval
- 200,000 common shares 12 months after TSX approval
- 200,000 common shares 24 months after TSX approval
- and by paying the private company US$10,000 per month for the first
12 months for o total of US$120,000 dollars.


This acquisition is part of an ongoing program to increase the Company`s exposure in the Iron Oxide Copper Gold ("IOCG") belt that runs from Mexico to Chile and provides the Company with strategic locations within the IOCG belt of coastal Peru. Copper mineralization on the properties define a broad northwest trending belt and the copper occurs as secondary copper oxides with grab samples assaying up to 18% copper and up to 6 gms/tonne gold.

The Company is well financed with over $4 million in the treasury and well positioned to continue to explore its projects in Argentina, Peru and Mexico. Cardero Resource Corp. is currently listed on the TSX Venture Exchange and on the Frankfurt Stock Exchange (Symbol CR5).

On Behalf of the Board of Directors of

CARDERO RESOURCE CORP.

Henk Van Alphen, President


--------------------------------------------------------------------------------
Contact:

Cardero Resource Corp.
Henk Van Alphen
President
Phone: [phone]
Fax: [phone]
Email: [e-mail]
Website: www.cardero.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release which has been prepared by management.


José

[Teffie]

Mehr Infos in diesem Thread: Steht bei Cardero Resources ein neuer Kurssprung ins Haus?

Schönes We!

MFG Teffie!

[JosedelaVega]

na da haben wir ja endlich die erste NEWS

es werden weitere folgen


Cardero Negotiates $5,115,000 Brokered Private Placement
16:43 EDT Monday, October 20, 2003

VANCOUVER, BRITISH COLUMBIA--NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES.

Cardero Resource Corp. (the " Company" or " Cardero" ) is pleased to announce that it has arranged a brokered private placement, on a best efforts basis, of up to 3,100,000 units at a price of $1.65 per unit to raise gross proceeds of up to $5,115,000 (the " Offering" ). The Offering will be made in British Columbia, Alberta and such other jurisdictions as may be agreed to by the Company and Pacific International Securities Inc. (the " Agent" ) pursuant to available exemptions from the prospectus requirements of such jurisdictions. The Agent will have the option, exercisable at any time prior to closing, to increase the size of the Offering by 15%. Each unit will consist of one common share and one-half of a common share purchase warrant. Each full warrant (the " Warrant" ) will be exercisable to acquire one additional common share for a period of 12 months from closing at an exercise price of $2.25. The Company has agreed to prepare and file an AIF prior to closing so that securities issuable in the private placement, including any common shares issued on the exercise of the Warrants, will have a hold period in Canada of four months from the closing.

On the closing of the Offering, the Agent will receive a commission of 6% of the gross proceeds of the Offering, payable in cash or Units at the election of the Agent. In addition, on closing the Agent will receive agent`s options (the " Agents Options" ) entitling the Agent to purchase units of the Company (" Agent`s Units" ), in an amount up to 10% of the number of Units sold by the Agent in the Offering, at a price of $1.70 per Agent`s Unit. Each Agent`s Unit will consist of one common share and one-half of a common share purchase warrant. Each full warrant will be exercisable to acquire one additional common share of the Issuer at a price of $2.30 for a period of twelve months from the closing. All securities issued to the Agent will have a hold period in Canada of four months from the closing. The Company will also pay the expenses of the Agent incurred in connection with the Offering, and will pay the Agent an initial retainer of $15,000 to be applied against such expenses.

The gross proceeds of the Offering are intended to be used to fund exploration programs on the Company`s exploration projects in Argentina, Peru and Mexico, for ongoing mineral property investigations and potential acquisitions, and for general working capital. The private placement is subject to completion of satisfactory due diligence by the Agent with respect to the Company, completion and execution of appropriate documentation and acceptance for filing by the TSX Venture Exchange on behalf of the Company.

None of the foregoing securities have been, nor will they be, registered with the U.S. Securities and Exchange Commission and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Unites States Securities Act of 1933 and any applicable State securities laws.

On behalf of the Board of Directors of

CARDERO RESOURCE CORP.

Henk van Alphen, President

FOR FURTHER INFORMATION PLEASE CONTACT:

Cardero Resource Corp.
Henk Van Alphen
President
[phone]
[phone] (FAX)
Email: [e-mail]
Website: www.cardero.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release which has been prepared by management.

José

[JosedelaVega]

schlusskurs heute in Frankfurt: 1,30 Euro + 8 %
und in Kanada läuft der Kurs sehr erfreulich

José

[JosedelaVega]

1,32 zu 1,37 Euro
aktueller Kurs: 1,35 Euro

José

[JosedelaVega]

ich kann mich nur wiederholen

KAUFEN, diese Firma ist hoch interessant

José

[Teffie]

Du sagt es!

Es tuen hier baer die wenigsten!

MFG Teffie!

[Teffie]

meine natürlich aber!

MFG Teffie!

[JosedelaVega]

hier sollte sich langsam etwas "bewegen"

José

[BlackAngel]

Tut es bestimmt auch...


Blacky

[SoWhat]

Hi Blacky,

bitte melde Dich mal: [e-mail]

Danke und beste Grüße

sowhat

[JosedelaVega]

IR-WORLD-Presse: Diverse: FIRST FOCUS - Cardero Resource Corp. - Kaufen

FIRST FOCUS stuft die Aktien von Cardero Resource Corp. auf " Kaufen" mit einem Kursziel von 4,50 CAN$.

Kurzbeschreibung:
Cardero Resource ist ein reines Explorationsunternehmen für Edelmetalle und gehört in den letzten Monaten zu den gesuchtesten Aktien in diesem Segment. Im Zuge der steigenden Edelmetallpreise, vor allem von Gold, steht eine Premiumgruppe von Explorationsunternehmen als prädestinierte Übernahmekandidaten verstärkt im Fokus der Anleger. Cardero verfügt über eine Vielzahl von Explorationsgebieten in Mittel- und Südamerika.

Herauszuheben ist ein Gebiet in Argentinien mit einem sehr hohen Silbergehalt und vor allem ein mit 50 000 km² sehr umfangreiches Gebiet in Mexiko. Der Explorationspartner Anglo American, weltweit führend in der Goldförderung, hofft aufgrund der geologischen Struktur in diesem Gebiet eines der größten Gold- und Kupfervorkommen überhaupt nachweisen zu können. Auch wenn dies entgegen der ersten Untersuchungen nicht gelingen sollte, sind die bereits bestätigten Silberfunde in Südamerika ein guter Hebel auf den Silberpreis (nähere Informatioen finden Sie auch in der Silbermarktstudie im Anhang). Während Gold und Platin bereits haussieren, ist der Silberpreis immer noch in der bereits seit über 20 Jahren andauernden Stagnation. Bei der zu erwartenden Preissteigerung und der möglichen Signifikanz des Explorationsgebietes ist Cardero ein idealer Übernahmekandidat.

Das institutionelle Interesse ist stark gestiegen, nach dem Investment des Prudent Bear Fund in Cardero gab das Unternehmen Mitte Oktober eine Finanzierungsrunde von 5,1 Mio. CAN$ bekannt, die von instutioneller Seite bereits deutlich überzeichnet wurde. Neben den bereits bestehenden liquiden Mitteln verfügt das Unternehmen damit über 9 Mio. CAN$ und ist daher für die nächsten Explorations- und Akquisitionsschritte gut finanziert.

Cardero Highlights:
� Sehr gute finanzielle Ausstattung
� Namhafte Partner und Lizenznehmer, z.B. Anglo American
� Möglicher �Big Hit� in Mexiko
� Sehr gute Silberfunde in Argentinien
� Klare Strategie
� Erfolgreiches Management
� Hebel auf mögliche Silberhausse (siehe Silbermarkt im Anhang)

Fazit:
Obwohl Cardero Resources letztendlich noch über keine gesicherten Vorkommen verfügt, ist die Aktie derzeit wohl eine der interessantesten Explorationsstorys im boomenden Rohstoffmarkt. Wir erwarten besonders in den nächsten 6 Monaten eine signifikante Verbesserung der Unternehmensbewertung. Dies stützen wir vor allem auf die Bekanntgabe von neuen Ergebnissen der Explorationstätigkeit. Die beiden bereits gut entwickelten Silber-Projekte Argentinien rechtfertigen bereits jetzt das aktuelle Kursniveau und sind bei Validierung der Erwartungen dazu geeignet den Aktienkurs sehr positiv zu beeinflussen. Eine sehr reichhaltige Phantasie bietet besonders das JV mit Anglo American in Mexiko. Obwohl kaum nähere Daten über dieses Projekt bekannt sind werden von dritter Seite enorme Eisen-Kupfer-Gold Ressort vermutet. Als das berühmte �Salz in Suppe� kann das erfahrene und erfolgreiche Management sowie die relativ gute finanzielle Situation beschrieben werden. Die klare Strategie des Managements richtet sich auf die Gewinnung umfangreicher Rechte an dem Eisen-Kupfer-Gold Gürtel, der sich von Mexiko aus wohl bis nach Peru und Chile erstreckt. Explorationen führt Cardero bis auf die Silber Projekt in Argentinien nur selten selbst durch. Vorwiegend wird ein Joint Venture Partner gefunden, der die im Lizenzvertrag festgeschriebenen Kosten komplett übernimmt. Cardero ist danach in der bequemen Position ohne finanzielles Risiko die Ergebnisse abwarten zu können. Künftig erwarten wir weitere Zukäufe von Explorationsrechten, die ebenfalls großteils als JV betrieben werden. Die meisten erfolgreichen Explorer werden letztendlich Ziel einer Übernahme eines der Majors, durch die Konzentration auf den Eisen-Kupfer-Gold Gürtel und auf Silber in Argentinien schätzen wir die Übernahmewahrscheinlichkeit bei erfolgreichen Bohrergebnissen als sehr wahrscheinlich ein. Obwohl sich Cardero noch in einem sehr frühen Stadium befindet und daher noch mit großem Risiko behaftet ist, sehen wir aus den dargelegten Gründen ein gutes Chancen / Risiko Verhältnis. Wir stufen daher die Aktie mit �Kaufen� ein. Das Kursziel legen wir zunächst mit 4,50 CAN$ fest. Wir möchten jedoch noch einmal auf das erhöhte Risiko hinweisen und feststellen, dass sich die Aktie nur für risikobewusste Anleger eignet.

[JosedelaVega]

akt. Kurs: 1,72 Euro

José

[Lima2000]

[JosedelaVega]

tsja mit dem Tageshoch von 2,75 auf Schlusskursbasis wurde es nichts dafür aber die charttechnisch wichtige Marke von 2,50 Can Dollar durchbrochen



José

[JosedelaVega]

jegliche Kursschwäche wird von mit genutzt um weitere CDU Shares zu kaufen

NEWS gestern noch zu später Stunde:

Cardero Resource to acquire Gachupines property

Cardero Resource Corp CDU
Shares issued 21,342,935 Nov 11 close $2.48
Wed 12 Nov 2003 News Release
Mr. Henk Van Alphen reports
CARDERO ACQUIRES THIRD GOLD PROPERTY IN MEXICO
Cardero Resource has entered into an option agreement with Compania Minera
Palo Fierro SA de CV (Fierro), a private Mexican company, to acquire the
Gachupines property which measures 23 kilometres (north to south) by 11
kilometres (east to west) and is located approximately 100 kilometres
southeast of Hermosillo in the state of Sonora, Mexico.
Subject to TSX Venture Exchange approval, Cardero agrees to pay Fierro a
total of $320,000 (U.S.) ($50,000 (U.S.) in the first year), expend a total
of $85,000 (Canadian) in exploration expenditures on or before May 30,
2004, and issue a total 255,000 common shares in the capital stock of
Cardero (105,000 in the first year).
The area is one of gentle to moderate relief with elevations varying from
400 to 650 metres above sea level. Vegetation cover is extensive and
effectively masks many areas of outcrop or small workings.
The area is underlain by Cretaceous andesite volcanics cut by a number of
plugs of granitic to quartz diorite. There may have been more than one
intrusive event.
This large property covers at least 15 known gold occurrences which the
company believes will be added to or extended on due to heavy vegetation
cover. Thirty per cent of the gold occurrences evaluated so far shows
potential to host bulk tonnage deposits. The closest mine with a similar
geological setting is the La Colorada mine, owned by Eldorado Gold Corp.,
which at the start of production had 33 million tonnes grading 0.96 gram
per tonne (g/t) Au.
Cardero will embark upon an aggressive sampling, mapping and trenching
program to evaluate this project for bulk tonnage targets.
This acquisition will bring the number of gold projects the company has in
Mexico to three, of which at least one, the Franco project, will go to the
drilling stage in 2003. The company is currently drilling its silver
projects in Argentina and, its joint venture partner, Maximus Ventures
Ltd., is drilling the Condoryacu project in Argentina. Also, Cardero is
currently completing an airborne geophysical survey on its IOCG project in
Mexico.
The company is well financed with over $4-million in the treasury and well
positioned to continue to explore its projects in Argentina and Mexico.
(c) Copyright 2003 Canjex Publishing Ltd.


José

[JosedelaVega]

na da wird nicht nur von mir jede Kursschwäche genutzt
am Freitag hatten wir ja ein Reversal ... !!!

Gold steht nun an der 400 US Dollar Marke
Silber wird m.E. nach jedoch deutlich interessanter werden - wesshalb ja auch CDU so schön in mein Portfolio passt

also lasst uns hoffen, dass CDU mal 10 oder 15 % korrigiert und man noch kräftig zulangen kann

allen CDU´lern vor allem dir Neono einen guten Start diese Woche

José

[JosedelaVega]

so wer noch die Chance nutzen möchte bei einem Wert dabei zu sein, welcher m.E. nach bei einem der Größten Asset-Deals der nächsten Monate die PARTY schmeißen könnte - der sollte sich die Aktie kaufen

CDU hat derartig interessante Properties
vor allem Silber ( bin für Silber sehr optimistisch )

akt. mit 65 Mil.CanDollar bewertet
nur eines der Projekte muss passen und ein BIG One sein - dann ....

die Spannung ist groß, was wohl Anlgo in den kommenden Wochen so vor hat

jedoch nicht vergessen: Cardero ist ein rein. Explorer also auch mit hohem Risiko, dass eben kein "Treffer" gelandet wird !

José

[JosedelaVega]

lasst uns diese Woche beginnen
so langsam sollten NEWS anstehen

STRONG BUY CDU

José

[JosedelaVega]

Kurs nun 2,10 Euro

José

[JosedelaVega]

2,15 zu 2,19 Euro

Special Delivery #178 – 2 December 2003
Silver Breaks US$5.40
The price of silver closed above the US$5.40/oz mark yesterday for the first time in four years. If it closes
above $5.50 this week, which appears likely, it will have entered the range that brought its price to $7 on a
strong spike in the early part of 1997 that was at the time the highest price for the metal since the early
80s.

Silver’s price move was hidden for many by gold’s push through the $400/oz mark at the same time,
but as you already know we consider the $400 level less a benchmark than a copywriter’s headline. The
same might be said for the silver price of course, but the difference lies in how the two trade. Gold is again
a part of the hedge and trading system that will take buy and sell signals on the margin, which is why it has
had a fairly steady chart with each intermediate ceiling becoming a floor as it is breached. That is why we
don’t expect it to break through the important $411 mark this year (unless a trader pulls the trigger
Christmas week) since these margin players will want to close out positions for the year end tally. Silver
on the other hand is much more spiky. The short-term move for gold since passing the $380 benchmark a
month ago has been about 5%, while silver has gained about 10%. That said, silver’s price gains from
long-term bottom levels are still only about half of the gains for gold. Silver bugs know this, and this is not
a group know for its restraint once it feels a wind at its back. Because of its much smaller market silver will
zoom higher on any sustained buying, and anticipation of a gold price spike would be all the cause needed
to make this happen. For that reason we want to make some brief note of our silver list companies, plus a
few of our gold sleepers that recently woken up.
Evidence of this anticipation was could be seen at several levels. SilverCrest (SVL-V; closing up $0.06
at $1.45 on 409,200 shares) soaked up over twice the volume of its previous heaviest trading day in spite
of now imminent news; longer-term holders taking gains ahead of cheaper paper loosening up found new
buyers. MAG Silver (MAG-V; closing up 2 cents at $2.17 on 126,193 shares) and IMA (IMR-V; closing
up 13 cents at $2.22 on 222,325 shares) are both markets anticipating drill results this year and will show
strong moves when results come out; more on each as the results come out to follow. SVL is showing
strength for a company that is currently in a drilling hiatus, and given it is currently financing at $1.20 per
unit it should show strong gains on laying out a definitive timing for the drill start.
Minefinders (MFL-T; MFN-A; closing off 15 cents at $11.30 on 175,860 and up 8 cents at US$8.67 on
121,100 shares) announced a bought-deal 3 million unit financing (with a further 1 mm units possible and
likely) at C$11 per unit; this with funds on hand is most of the equity portion of the capital requirement likely
in the feasibility study of the Dolores project that should be out early in the New Year, and will then baseprice
the company as gold-silver hedge. Minera Andes (MAI-V, MNEAF-Qbb; closing even at $0.61 on
177,500 shares and off 3 cents at $0.48 on 111,800 shares) is consolidating its 100% gain since
arranging its financing, but of all the stocks on this list it still has most comfortable pricing for early year
gains in 2004 based on its combination of existing resource and exploration targets on and off the main
San Juan project that will see early year testing. Testing of Los Azules gold-copper porphyry target is now
to be included in the early year work that could re-price the company even aside from the high-grade
testing that will take place.

One silver company that we have talked about in the past should be viewed with an eye to trading costs
down as it awaits a second round of drill testing on its silver projects in Argentina, and targeting reports on
an IOCG and several other joint ventures in Mexico. Cardero Resource Corp (CDU-V; closing up 11
cents at $3.35 on 175,200 shares) came to prominence late last year on the basis of several silver projects
in northwest Argentina. These projects, collectively called Oleroze, were the basis for a strong price run up
in late 2002. This was mainly due to some extremely high silver sections within the La Providencia surface
2
deposit that has a bulk average grade of about 500 g/t silver from chip sampling of a 550 x 120 metre area.
Initial drill reporting in June from La Providencia with only one small section of greater than 100 g/t silver
caused the stock to tank. Difficulty with drill testing was always on the table, and the stock recovered from
dropping off the cliff and has steadily risen since then. The company was on our watch list but it got away
on us earlier in the year. A financing is about to close that leaves CDU with $10 million to play with
including in the money warrants. A second round of drilling at La Providencia with an important addition of
sludge sampling, plus results from preliminary drill testing at the nearby Chingolo project are set to be
released before year’s end. We think the sludge sampling will make a substantial difference to the
market’s perception of what can be both large and low cost surface resources. The high-grade Condor
gold project in the same region, with a number of +14 g/t gold grades, rounds out this package. More
projects are being acquired, and testing is planned on several of them early next year. The IOCG joint
venture Anglo-American in Mexico’s Baja area also has a potential to be a company maker. President
Henk van Alphen and Exploration Manager David Shaw are both well known and highly regarded, so the
company’s growing portfolio attracts attention even without the pending drill results. Price has been
building so at this point getting in is to catch the tailwind the stock has found ahead of the reporting that
could carry it to $5, and then use metal price and currency changes to trade cost down as results warrant.

Our other IOCG pick Boulder Mining (BDR-V; closing down $0.045 at $0.30 on 64,000 shares)
delivered disappointing results from the Breakaway project in the Raglan area of Quebec, and at least as
disappointing news that lab delays in Namibia are holding up reporting from the Trevrede IOCG project.
The selling in the stock is a buying opportunity in our view, for Trevrede results that may now be delayed
until the New Year.
Midway Mining (MDW-V; closing up $0.20 at $2.00 on 264,255 shares) delivered a much brighter
release, of results from its 100% held Spring Valley project. High-grade intersections included 20 ft of 0.66
oz/ton (6 m of 22.6 g/t) gold, and 70 ft of 0.36 oz/ton (21 m of 12.3 g/t) gold. This is a highly successful
test for high-grade within a know bulk tonnage system and with its namesake project likely to see further
work by Newmont next year MDW is turning into a premier Nevada gold play. A further six holes from
Spring Valley are expected before year’s end, and reporting and testing will continue next year. We are
leaving MDW as an SD trade for now, but shifting it from Accumulate to Spec Buy.
Another sleeper that awoke last week is Pacific Rim (PMU-T, A; closing up $0.23 at $2.03 on 522,593
and US$0.12 at $1.57 on 4.2 million shares), which has doubled on heavy Amex buying in the last week.
PMU announced its updated resource at El Dorado in El Salvador to over 800,000 oz of gold. The new
resource should be a threshold level to bring the project to development stage, and expansion drilling
continues. After this strong run the stock needs to consolidate, but we will have more to say on it in the
upcoming Journal.
Regards for now - David Coffin
Hard Rock Analyst - Special Delivery is an independent publication produced by Vanguard Consulting Ltd., which is committed to providing
timely and factual analysis of junior mining and other venture capital companies. Companies are chosen on the basis of a speculative
potential for significant upside gains resulting from asset-base expansion. These are generally high-risk securities, and opinions contained
herein are time and market sensitive. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer,
solicitation or recommendation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable
we in no way represent or guarantee the accuracy thereof, nor of the statements made herein. We do not receive or request compensation
in any form in order to feature companies in this publication. We may, or may not, own securities and/or options to acquire securities of the
companies mentioned herein. From time to time Vanguard Consulting Ltd. may have acted in a consulting or contracting capacity for
companies reviewed in this publication; the superscript VC indicates a company for which Vanguard has acted in a paid capacity in during the
previous 6 months. This document is protected by the copyright laws of Canada and the U.S. and may not be reproduced in any form for
other than for personal use without the prior written consent of the publisher. This document may be quoted, in context, provided that proper
credit is given.
Published by Vanguard Consulting Ltd.; Box 3276, Vancouver, BC, Canada, V6B 3X7.
Phone: [phone] Fax: [phone] [e-mail] SUBSCRIPTIONS 1-800-381-2493

José

[JosedelaVega]

Gold geht auf die 410er Marke zu
und auch Silber stark

diese Woche wird spannend

José

[JosedelaVega]

ich sag nur - hoch interessant was diese Firma so alles auf Lager hat

die nächste Woche wird interessant


---------------

Cardero Resource Corp (C-CDU) - Private Placement
Cardero Resource 3,565,000-share private placement
Cardero Resource Corp CDU
Shares issued 26,430,727 Dec 5 2003 close $ 3.00
Monday December 8 2003 Private Placement


The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Oct. 20, 2003:
Shares: 3,565,000
Price: $1.65 per share
Warrants: 1,782,500 share purchase warrants to purchase 1,782,500 shares
Warrant exercise price: $2.25 for a one-year period
Placees: 16
Finder`s fee: Pacific International Securities Inc. will receive a finder`s fee equal to 6 per cent of the proceeds in either cash or units; a corporate finance fee of $32,100; and all expenses incurred in connection with the private placement, along with a retainer of $15,000 to be applied against these expenses. In addition, the finder will receive agent`s B units entitling it to purchase up to 10 per cent of the units sold exercisable at $1.70 into one common share and one-half of one share purchase warrant. Each full warrant will be exercisable into one additional common share at $2.30 per share.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances, the TSX-V may later extend the expiry date of the warrants, if they are less than the maximum permitted term.






José

[JosedelaVega]

eines ist klar

Ascot ist die " Cardero Shares - Sammelstelle" der CDU Direktoren !

Wenn Ascot in die Knie geht, dann frag ich mich: kommen schlechte NEWS bei CDU ? CDU shares können die Direktoren nicht verkaufen ( Insider ) - dafür aber Ascot

Dabei gingen jedoch gestern gerade einmal 300T Shares in Canada um - wobei ich hier in D. über 100T eingesammelt hab .... hm....

wollen wir es nicht hoffen - dass die Ergebnisse uns enttäuschen - ich denke NEIN
CDU hat Zukunft - was hier alles noch kommt und angedacht ist das wird den Kurs dieser Firma ...

doch sollte klar sein:
CDU kann man über ASCOT mit 50 % Abschlag erwerben
dazuhin bekommt man knapp ein Millione Can. Dollar Cash, ein Management, das dem von CDU fast identisch ist, ....

STRONG BUY
ASCOT

José

[Lima2000]

Guten Morgen
José,werden Ascot shares in D gehandelt? WPK?
mfG Lima

[BFCist]

yes in FFM.WKN 906170.

[JosedelaVega]

Focus Money empfiehlt CDU zu kaufen

BIS 2,50 EURO !!!!!

José

[JosedelaVega]

Cardero Resource Corp.: Encouraging Results Received From Chingolo and Providencia
Thursday January 22, 1:53 pm ET


VANCOUVER, BRITISH COLUMBIA--Cardero Resource Corp. ("Cardero" or the "Company") is pleased to announce encouraging results received from the recent drill programs at its Argentina silver exploration projects. At Chingolo mineralization was encountered with grades in excess of four ounces per tonne silver. At Providencia a highly mineralized section has been intersected within a large fault block north of the Providencia Mine not previously tested by Cardero. This discovery opens up an additional mineralized section with a potential strike length of nine kilometres.
In the latter part of 2003 Cardero returned to the province of Jujuy, northern Argentina, to continue the investigation of its two silver exploration projects, Chingolo and Providencia. A program of surface mapping and sampling plus diamond drilling was completed at both locations.

Providencia Results

Six diamond drill holes (DDH 23 - 28 incl.) were completed for a total of 313 metres. The objective of all six holes was improved definition of near surface mineralized conglomerate and sandstones previously mapped and tested by the Spring 2003 drill program. Five of the six holes (DDH 23 - 27), were located in and around the old Providencia Mine pits and drilled to the west at an inclination of minus 55 degrees. The sixth hole (DDH 28) was collared at the south end of the North Fault Block, immediately north of the Providencia Mine.

The host rocks are described as matrix supported conglomerate and coarse sandstone. This drill program frequently experienced significant core loss, most notably in zones interpreted to have been comprised of mainly matrix and fracture fill. Such a loss is a serious issue as the matrix and fracture fill host the bulk of the mineralization. Accordingly the sampling procedures were modified to incorporate a program of recovery and assay of drill sludge returns to provide an indication of the metal values associated with the material not recovered in core.

Significant core assay intervals and associated sludge sample values
are tabulated below:

------------------------------------------------------
Hole No. Interval Length Core Ag Sludge Equivalent
From-To(m) (m) (ppm) Interval Ag (ppm)
------------------------------------------------------
23 1.52 - 29.4 27.88 44.80 52.53
------------------------------------------------------
24 9.0 - 23.0 14.00 87.00 97.00
------------------------------------------------------
25 12.0 - 17.0 5.00 28.76 28.78
------------------------------------------------------
25 25.0 - 34.0 9.00 22.24 27.740
------------------------------------------------------
27 20.0 - 49.0 29.00 78.72 108.90
------------------------------------------------------
28 52.0 - 85.0 33.00 59.37 107.00
------------------------------------------------------
28 74.0 - 78.0 4.00 293.65 405.75
------------------------------------------------------
28 81.0 - 85.0 4.00 90.25 92.35
------------------------------------------------------
28 98.0 -103.0 5.00 40.12 66.20
------------------------------------------------------
28 113.0 -115.0 2.00 204.5 226.50
------------------------------------------------------


There is a readily apparent correlation of both high and low values in the core and sludge assays strongly suggesting that the core assays are underestimating the overall silver values. To address this problem the Company is planning a 2,000 metre program of reverse circulation drilling which will enable the collection of non-contaminated samples from both above and below the water table. The Company is also considering collection of a bulk sample, initially from the Providencia pits, in order to gain a more accurate understanding of the overall grade of the mineralized sequence.

The Significance of DDH-28

DDH-28 was drilled at the south end of the North Block, immediately north of the Providencia Mine. The North Block is separated from the Providencia Mine by a major normal fault. The mineralization and alteration on the North Block have been interpreted through detailed mapping, trenching and sampling to be a continuation of the Providencia Mine host rocks and have been traced for a distance of two kilometres north of the mine. The very positive assay results in DDH-28 support a significant exploration target over a minimum strike of two kilometres within the North Block and will be part of the next phase of drill testing.

To the north of the Providencia Mine the mine stratigraphy, host rocks, alteration and mineralization have been mapped not only within the North Block but also within the Vittone Block, the Hector Block and the Ramona Block for a combined strike length of nine kilometres. Once assessment of the North Block is complete the Company intends to systematically move northwards and trench and subsequently drill the showings on these additional blocks. To date the total strike length over which Providencia style mineralization has been recognized on the property is in excess of ten kilometres.

Chingolo Results

Six inclined diamond drill holes were completed for a total of 1,194 metres. Of the six holes drilled three encountered significant silver values while the remaining three holes appear to have been drilled on the periphery of the interpreted zone of mineralization. Significant intersections are tabulated below:

-----------------------------------------------
Hole No. Interval Length Ag Grade
From-To(m) (m) (ppm)
-----------------------------------------------
DDH CH03-3 144.00 - 150.00 5.00 71.0
-----------------------------------------------
DDH CH03-7 229.20 - 227.02 2.18 32.6
-----------------------------------------------
170.99 - 229.20 58.21 56.8
-----------------------------------------------
DDH CH03-8 10.82 - 13.00 2.18 138.3
-----------------------------------------------
59.00 - 64.00 5.00 62.3
-----------------------------------------------


The interpreted zone of mineralization is approximately 125 metres wide and has been traced along strike for approximately 250 metres. It is open along strike to the northeast, southwest and down dip to the southeast.

Lead and zinc are commonly associated with the silver mineralization at Chingolo, hosted in a combination of open fractures, gashes, voids and veinlets in volcanic flow breccias and terrigenous sediments. Examination of the mineralized surfaces in core suggest that the open space fracture fill has been subjected to scouring with a resultant loss of mineralized sample. Consequently it is believed that the values obtained from core assays may not be fully representative of the original metal content of the rock.

The next drill program at Chingolo is scheduled for this Spring, and will utilize a reverse circulation rig in order to obtain a larger and more representative sample. The two main objectives of the next program will be to test the potential for the Chingolo target along strike to the northeast and to drill a set of holes to test the potential at depth where recent mineralogical studies suggest that the mineralization encountered to date is peripheral to a larger epithermal system.

Gary Belik, P.Eng., is the Qualified Person for the Chingolo and Providencia projects and supervised the quality control and quality assurance programs.

The Company is well financed with over $10 million in the treasury and well positioned to continue to explore its projects in Argentina, Mexico and Peru. Cardero Resource Corp. is currently listed on the TSX Venture Exchange (symbol CDU) and on the Frankfurt Stock Exchange (symbol CR5). The Company is actively evaluating silver, gold and copper projects that have the potential to contain world class, company building mineral deposits.

On Behalf of the Board of Directors of CARDERO RESOURCE CORP.

Henk Van Alphen, President


José

[JosedelaVega]

Infos aus dem heutigen Telefon-Meeting:

Providencia

65 Mil. Unzen Silber auf 1 km

2,5 km sehr wahrscheinlich

möglich 10 km !

macht auf alle Fälle m.E. nach 65 Mil. Unzen
wahrscheinlich 130 - 150 !

möglich aber 650 Millionen


BAJA nicht vergessen

hab nochmals zugekauft

José

[Nasdok]

Herzliche Grüsse an alle,

Ich wollte mal einen kleine Kommentar liefern zur heutigen Goldkurs Korrektur, sowie dem einhergehenden Kursfall vieler Goldaktien inklusive Cardero Resources.

Den heutigen Kursfall haben wir diesmal unserer eigenen Bundesbank zu verdanken die heute durch „Säbel rütteln“ der Verursacher des Goldpreis rutsches war. In Ihrem Statement (http://www.bundesbank.de/presse/download/pn/2004/01/20040129…

schreibt die Bundesbank das es Befürwortet Goldbestände in Höhe von 2000 Tonnen innerhalb der nächsten 5 Jahre zu verkaufen.

Die Bundesbank sagt nicht konkret: „Wir werden das Gold verkaufen“, da man dies erst mit der Bundesregierung und den Fraktionen absprechen will. Es ist also ein wenig fraglich warum die Bundesbank ein solches Statement überhaupt macht, wenn man erst noch mal mit den anderen darüber reden will, ob die das auch so machen wollen.

Es kommt einem also der verdacht auf, die Bundesbank wolle dem Markt etwas Angst einjagen.

Nach einem Reuters Bericht zufolge (http://www.reuters.com/newsArticle.jhtml;jsessionid=RUYEJ3PT… ist Germany`s Bundesbank, the world`s second largest holder of central bank gold with over 3,400 tonnes.

Der Verkauf von 2000 Tonnen würde also bedeuten dass weit mehr als die Hälfte unserer Goldbestände verkauft werden würde. Das bedeutet aus meiner Sicht auch mit anderen Worten das unserer Schöner Euro immer mehr zu einer Wertlosen Papierwährung - Mit schwindenden Sicherheiten und Rücklagen - wird!!!

Die Bundesbank liefert uns aus meiner Sicht zwei Dinge:

1. Eine Triftigen Grund in Gold und Goldaktien zu investieren, da der Euro an Sicherheit verliert

2. Ein halbstarkes Statement (ähnlich wie in der Vergangenheit) mit dem man versucht den Goldpreis zu drücken. Ein Manöver was nur einen kurzfristigen Effekt hat.

Vielen Dank an den Bundesbank Präsident für sein so intelligentes Verhalten.

Gruß,

Nasdok

[engracia2]

The 1-year chart for Ascot does not reveal a great deal of additional information, but on this chart we can see that the stock has been in an intermediate uptrend for several months with positive volume indications – the high volume gap up a few days ago suggests increasingly urgent accumulation to me. The nearby resistance between C$0.35 and C$0.40 should not present much of an obstacle.

I have some additional fundamental information on the company which follows although I cannot guarantee the accuracy of this and readers must do their own due diligence...

Ascot is a silver/gold/diamond stock with 36 million shares (40 million fully diluted) and owns 5.82 million (around 20% outstanding) shares and 388,000 warrrants (at 35 cents) of Cardero Resources (ca:cdu), which has already broken out to new highs. The market cap of Ascot’s Cardero holding is currently quite a bit more than the market cap of the stock itself. As already detailed elsewhere, Cardero has major gold and especially silver properties in Argentina. Ascot also has a Victoria Island Diamond Properties joint venture with Major General Resources that covers 330,000 acres.

To conclude, my view is that Ascot has very little downside and large, potentially huge upside. It is under heavy and persistent accumulation that could lead to a substantial advance before long. Strongly recommended.

[Casson]

Die Story von Ascot und Cardero erinnert mich immer irgendwie an Mobilcom und Freenet!

Liebe Grüsse

Casson

[JosedelaVega]

Cardero Resource Corp.: Update on Strategic Alliance with Anglo American Baja IOCG Project
VANCOUVER, BRITISH COLUMBIA, Feb 10, 2004 (CCNMatthews via COMTEX) --
Cardero Resource Corp. (" Cardero" or the " Company" ) is pleased to provide an update on exploration activities undertaken by Anglo American Mexico S.A. de C.V. (Anglo) on their option/JV agreement in Baja California, Mexico. Anglo is presently earning into several Cardero properties in Baja California Norte, Mexico. Under terms of the agreement Anglo has the right to earn a 70% interest in the properties by incurring expenditures in aggregate of US$3,700,000 by December 1st 2006.

The Lower Cretaceous Alisitos Arc in Baja California Norte shows many striking geological similarities to the Central Andean coastal iron belts of Chile and Peru, host to several producing iron oxide copper-gold deposits including the Candelaria deposit (approximately 475 Mt @ 0.95% Cu).

During 2003 Anglo undertook an aggressive regional targeting program utilizing a combination of regional geophysical, geological and geochemical datasets in conjunction with remote sensing (Landsat/Aster) and structural analyses which highlighted 31 target areas for ground acquisition and follow-up.

The target areas were `screened` via broadly spaced stream sediment geochemistry (884 samples), geological prospecting and mapping, a ground gravity survey (430 stations) and an airborne magnetics and radiometrics survey. The results have identified several large, zoned hydrothermal systems within the Anglo/Cardero property holdings with associated iron oxide copper gold mineralization.

While exploration is ongoing, the most advanced target to date (San Fernando) is comprised of a large hydrothermal system of approximately 30 sq. km containing numerous structurally controlled and replacive iron oxide - copper gold occurrences, the largest of which is traceable over 800 metres and transected by several large structures. Geophysical surveys indicate that mineralization occurs within a 4 km E-W by 2 km N-S high frequency magnetic anomaly and a co-incident 3 km E-W by 2.5 km N-S gravity anomaly. Modeling and interpretation is in progress and drill testing will commence at the earliest possible opportunity.

Other target areas include:

Picale

At the Picale Prospect, mapping has identified a hydrothermal system of approximately 20 sq. km size, which remains open. It contains more than 20 copper showings, many of which appear to be associated with low angle structures over approximately 9 km of strike length and 200 metres of vertical section (this setting is somewhat analogous to that of the recently discovered Mina Justa IOCG deposit in Peru). The most northerly mineralized area (recently discovered) is associated with a highly altered N-S trending structure and is traceable over a strike length of 950 metres. Here, both mineralization and alteration remain open.

Chip samples from parts of the Picale mineralized system returned the following values:

South Manto: 2.0 metres grading 1.8% Cu and 25 ppb Au
1.6 metres grading 2.1% Cu and 18 ppb Au

Main Manto: 2.0 metres grading 4.3% Cu and 0.46 g/t Au

North Manto: 1.8 metres grading 3.3% Cu and 38 ppb Au
1.2 metres grading 1.9% Cu and 2.0 g/t Au
El Cuervito

At the El Cuervito prospect steeply dipping magnetite - silica veins occur within a wide (up to 1700 metres) N-S trending shear zone. The intrusive and volcaniclastic hosted veins vary from 1 to 10 metres wide and are traceable intermittently along strike for up to 2 km. Alteration associated with these showings is typical of that associated with iron oxide copper-gold deposits. A composite dump sample from one of these occurrences (Santa Maria 1) returned the following values: greater than 10% Cu, 2.6 g/t Au, 15.4 g/t Ag, 13.9% Fe and anomalous Co and Mo.

El Encanto Fault Zone

This is a major northeast trending fault zone traceable for a minimum of 8 km along strike and averaging 150-250 metres in width. This structure is locally associated with broad zones of epidote alteration and frequently copper oxide. Locally, close to specific fault structures, alteration is dominated by chlorite and copper mineralization, which is localized in discrete breccia zones that are associated with pervasively silicified and alkali feldspar altered rocks. Mineralization is comprised of secondary copper minerals associated with quartz and specular hematite. Chip samples from one showing (Llanito Colorado) returned the following values: 3 metres (minimum) grading 4.7% Cu, 176 ppb Au and 49 g/t Ag.

This type of mineralization is typical of distal or high level mineralization within an IOCG system which has undergone oxidation and supergene enrichment.

Manto Amargosa

This is a recently discovered occurrence of extensive copper and iron oxide mineralization in a fragmental volcanic unit. Mineralization is found over a distance of approximately 450 metres along an arroyo and its total dimensions are presently undefined. A chip sample of some of the better mineralization returned a value of 1.4% Cu over 10 metres. This occurrence and several others in the immediate area are associated with discrete high frequency magnetic anomalies.

These prospects as well as numerous other magnetic anomalies will be further evaluated by more detailed ground surveys to define drill targets.

Anglo American Mexico S.A. de C.V is a wholly owned subsidiary of Anglo American plc, a global leader in the mining and natural resource sector and one of the world`s largest mining companies. The Anglo American group is geographically diverse, with operations and projects in Africa, Europe, South America and Australia.

Henk Van Alphen, President of Cardero Resource Corp. says, " We are very pleased with Anglo American as our joint venture partner. Anglo has, through systematic exploration work, taken on a 50,000 sq. km area and step by step have defined approximately 200,000 hectares (2,000 sq. km) of the most prospective ground. We view this as an opportunity to develop a whole new IOCG belt."

Additionally, work is continuing on other properties in Mexico consisting of detailed mapping, geochemical and geophysical surveys to define targets for preliminary drill testing.

The Company is well financed with over $10 million in the treasury and well positioned to continue to explore its projects in Argentina, Mexico and Peru. Cardero Resource Corp. is currently listed on the TSX Venture Exchange (symbol CDU) and on the Frankfurt Stock Exchange (symbol CR5). The Company is actively evaluating silver, gold and copper projects that have the potential to contain world class, company building mineral deposits.

On Behalf of the Board of Directors of

CARDERO RESOURCE CORP.

Henk Van Alphen, President

------------------------------------------------------------------------
Conference call scheduled for tomorrow, February 11, 2004
Time: 8:00 a.m. PST
------------------------------------------------------------------------
Chairperson: David A. Shaw
------------------------------------------------------------------------
Speaker #1: James A. Dawson (Mexico IOCG)
------------------------------------------------------------------------
Speaker #2: Lorne H. Hunter (Peru Iron Ore)
------------------------------------------------------------------------
The call includes presentations by the Company consultants mentioned
above, followed by a brief question and answer period. Interested
parties are invited to participate by calling one of the following
numbers:
------------------------------------------------------------------------
604-899-1159 - Vancouver
780-424-5694 - Edmonton
403-232-6311 - Calgary & Overseas
416-883-0139 - Toronto
613-212-4230 - Ottawa
514-395-2055 - Montreal
888-458-1598 - Toll Free from Canada and the USA
------------------------------------------------------------------------
Participant Q & A Confirmation Number: S-216402
------------------------------------------------------------------------
Participant Access Code: 35178#
------------------------------------------------------------------------
Cardero Resource Corp.
Henk Van Alphen
President
[phone]
[phone] (FAX)
Email: [e-mail]
Website: http://www.cardero.com

José

[JosedelaVega]

der Conf.Call heute war nicht uninteressant jedoch nicht viel Neues dabei

hab heute meine letzten CDU shares verkauft

Ascot ist einfach das bessere Investment wenn man auf die Jungs von CDU setzt

uns CDU und AOT Aktionären viel Erfolg

José

[JosedelaVega]

CDU.V

die Kursentwicklung ist im Moment recht frustrierend - während jede kleine Mining-Klitsche läuft, bewegt sich CDU sehr schwach im Bereich 2,50 und kann die 3er Marke nicht überwinden ! Es gibt ausreichend Stücke im Angebot während die Käuferseite sehr schwach ist ...

die Gründe hierfür .... ! ?

die nächsten Wochen werden interessant

José

[000z]

aber ...

warum ascot kaufen wenn cdu auch nicht läuft?

(hab fasst alles gelesen, jose gibt sich (ehrlich) alle mühe)

aber...?

[JosedelaVega]

so, nach dieser starken Korrektur bin ich nun auch die letzten Tage wieder ein "CDU" Aktionär geworden !

ich halte weiterhin eine "Menge" Ascot
doch CDU direkt bei 1,35 Euro einzusammeln, da kommt einfach Freude auf


STRONG BUY Cardero Res.
STRONG BUY Ascot Res.

José

[silbernd]

hätte nicht gedacht, dass es so schnell mit dem Auftauchen gehen würde....

[JosedelaVega]

na also:
+ 21 % auf 2,43 Can Dollar




Press Release Source: Cardero Resource Corp.

Cardero Update on the Baja California IOCG Project
Wednesday May 19, 2:39 pm ET

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 19, 2004) -
CARDERO TO HOLD CONFERENCE CALL WEDNESDAY, JUNE 26, 2004 AT 8:00 A.M. PST DETAILS AND DIAL-IN NUMBERS TO FOLLOW.

Cardero Resource Corp. (the "Company" or "Cardero") (TSXV:CDU)(FRANKFURT:CR5) is pleased to provide an update of the progress of its option/JV with Anglo American Mexico S.A. de C.V. ("Anglo") in Baja California Norte, Mexico. Anglo is the Operator of the project.

The current land position currently consists of two blocks of concessions in the state of Baja California Norte: the Pilitas block covers 7,233.6 hectares and is located approximately 75 km south of the city of Ensenada; the Alisitos block aggregates 191,343 hectares, and is located approximately 250 km south-southeast of Ensenada.

Te San Fernando property, located within the Alisitos block, has all the indications of a classical IOCG system and is the most advanced target to date. The San Fernando comprises a large hydrothermal system of approximately 30 sq. km containing numerous iron oxide-copper gold occurrences. The largest of these is traceable over 800 metres and transacted by several large structures. Initial geological mapping indicates the presence of structurally controlled and replacement-type iron-oxide, copper and gold mineralization. Subsequent geophysical surveys have outlined a body of high magnetic susceptibility and a coincident gravity anomaly underlying and adjacent to these surface showings. Modelling of the data at San Fernando has highlighted an anomalous body which strikes east-west and dips gently south. Dimensions of this body are now estimated to be 3,500 - 4,000 metres (east-west), by 1,500-2,000 metres (north-south) with a modelled thickness of up to 300 metres.

Within the surface area of the coincident magnetic and gravity anomalies at San Fernando there are approximately 15 mineral showings of iron oxides (magnetite and/or hematite), with varying amounts of secondary copper mineralization. The main San Fernando workings have historical records which report that five shafts were originally present over a strike length of approximately 350 metres, which were part of the infrastructure of now abandoned mines. Two of these shafts appear to have significant development. The Main shaft was reportedly sunk to a depth of between 140 and 180 metres with drifts on six levels. The Inglesa shaft, located 350 metres to the north of the Main Shaft was reportedly sunk to a depth of 120 metres with drifts on four levels. All of these workings are presently caved and flooded. Springer (1910) reported that samples from pillars at the 40 metre level returned values of 25%, 36.5% and 18.8% copper, respectively.

Recent grab samples from dumps at the San Fernando shafts have assayed up to 7% copper. The average grade of mineralization to date on the property appears to range between 1-2% copper and 0.5 - 1.0 g/t gold.

"Evidence of copper mineralization within the magnetite body from surface sampling and recorded mineralization from these shafts is highly encouraging and may tentatively provide an excellent 3-D component of copper to 180 metres," stated Cardero`s President Henk van Alphen. "It is obvious that high grade material was mined here utilizing a small smelter that was in operation on the property from 1905 to 1907."

Cardero`s joint venture partner, Anglo American is currently in the process of permitting for preliminary drilling on the San Fernando iron oxide copper-gold target.

The JV has five further targets in addition to San Fernando which have been outlined and exploration work is in progress to prepare these targets for drilling. A number of other potentially significant targets outlined by the airborne geophysical survey are currently being evaluated by detailed mapping and sampling programs.

James M. Dawson, P.Eng., is the Qualified Person on behalf of Cardero for the Baja California IOCG Project and is responsible for reviewing data received from Anglo.

Outside the Anglo JV Cardero holds three additional properties in Baja California Norte: The Ludavina property (3,500 hectares) is an epithermal gold occurrence, where Cardero is currently permitting for a first phase drill program. The La Encantada property, which includes the concessions of Ursus and El Coche, is located within the main Alisitos block. La Encantada, is characterized as an IOCG target and has an areal extent of 8,358 hectares. The third property is the Bonet also characterized as an IOCG target consisting of 4,975 hectares.

As the exploration programs proceed and results are obtained the Company will provide updates on these properties and on the work programs at the Pilitas block via future press releases.

The Company is well financed with over $17 million in the treasury and well positioned to continue to explore its projects in Mexico, Peru, and Argentina. Cardero Resource Corp. is currently listed on the TSX Venture Exchange (symbol CDU) and on the Frankfurt Stock Exchange (symbol CR5). The Company is actively evaluating silver, gold, copper and iron-ore projects that which will ensure the recognition of Cardero as a world-class exploration and development company.

On behalf of the Board of Directors of

CARDERO RESOURCE CORP.

Henk van Alphen, President



José

[JosedelaVega]

@ all friends

na da bin ich aber froh, dass ich euch zum Wiedereinstieg bei 1,35 Euro vor 2 Tagen quasi "geraten" habe

Schlusskurs heute: 1,75 Euro
erneut + 17 %


José

[silbernd]

wer ist Euch?
Joelu meinte vorhin, er hätte nicht gekauft

[Teffie]

[JosedelaVega]

so CDU hält stabil die 3 Can Dollar

das sieht doch interessant aus

long in ASCOT
long for CDU

José

[joelu]

na schön, dann drücke ich eich die daumen, dass es dieses jahr weihnachten endlich mal was wird mit den 5 can-$...