Jump to content

shambles

Member
  • Posts

    23
  • Joined

  • Last visited

shambles's Achievements

Newbie

Newbie (1/14)

0

Reputation

  1. shambles

    PNA

    announcement out today.. it will be interesting to see how the sp will be effected We are aiming to produce over 60,000 ounces of gold during the year at a cash cost of about US$200/oz; we should be in a position in early 2006 to commit to the development of the Phu Kham Copper-Gold Mine; and we would love to announce the discovery of a one million ounce gold-silver deposit at Phu He! Lets hope so...
  2. that is interesting.. i didnt notice that.. lets just hope for a good first quater in 06 happy holidays
  3. In reply to: King Baz on Wednesday 21/12/05 11:01am "Assay results are likely to be available toward the end of December" These results should lead to a bit more positive action re the sp right..
  4. In reply to: kosmo on Thursday 22/12/05 11:49am it seems to be holding well at 29 - we just need some good news to help with a breakout
  5. shambles

    PNA

    hopefully we will see some more action with this announcement
  6. seems to be recovering a bit.. cant believe it reached 11c!! what a flop
  7. a drill update... why is the sp dropping! "This is quite unexpected but positive outcome" commented Andrej K. Karpinski, Executive Chairman of Korab. "Where we thought we had a barren rock, we have hit gold mineralisation.
  8. Hopefully this will get a bit more excitement.. Sydney, Nov 22, 2005 (ACN Newswire) - Directors of Korab Resources Limited (ASX: KOR) advise that Korab has successfully completed 37-hole (2100-metre) definition drilling program at its Bungarra deposit which forms part of Melrose project in Western Australia. The program commenced on 1 November 2005 with a traverse of 4 vertical reverse circulation (RC) holes designed to close-off the Bungarra deposit from the north. These holes, numbered 501 to 504, have been drilled to a depth of 70 metres. Two of the holes (numbered 503 and 504) have intersected, what appears to be, an extension of the Bungarra deposit. Bungarra contains a JORC compliant resource of 1.66 mln tones grading 1.64 g/t gold for a total of 87,000 ounces. Hole 503 intercepts include two metres at 1.96 g/t from 23 metres, one metre at 6.57 g/t from 29 metres, two metres at 11.2 g/t from 39 metres and one metre at 7.4 g/t from 67 metres. Hole 504 intersected one metre at 12.9 g/t from 29 metres. "This is quite unexpected but positive outcome" commented Andrej K. Karpinski, Executive Chairman of Korab. "Where we thought we had a barren rock, we have hit gold mineralisation. Obviously it is too early to quantify its size, but the find confirms that the area around Bungarra is heavily mineralised and that there are excellent prospects for more gold to be discovered." Mr. Karpinski added.
  9. i dont understand why this stock keeps sinking!! down another 19% today!
  10. In reply to: King Baz on Sunday 13/11/05 03:18pm The ipo was withdrawn in mid october, all money was refunded to all those that applied. it wont be listed
  11. In reply to: chitnus on Saturday 15/10/05 06:19pm Uranium explorer confident of industry's future A fledgling South Australian uranium explorer says investment in the market should quickly bounce back after falling in response to Labor's reconfirmation of its no new mines policy. On the weekend the SA Labor Party endorsed its policy to block new uranium mines until 2010, reportedly causing a slump in the share prices of several junior explorers. Adelaide-based company Southern Gold has created a uranium-specific subsidiary, Southern Uranium, which is set to begin exploratory drilling on northern Eyre Peninsula in the next fortnight. Managing director Stephen Biggins says he is confident the State Government strongly supports the uranium industry and investment will remain strong. "I think the market's perhaps overreacting to, I think it was expecting a little bit more noise from the State Government but essentially the situation hasn't changed, so I think this sort of short-term fluctuation will even itself out and we'll go back to the strong fundamentals for developing the uranium exploration and mining industry in South Australia," he said. "It may have an impact, but I also believe the comments from the federal shadow minister for mines, who was suggesting that the Labor Party, both at a federal level and we know from a state level, do consider the expansion of Australia's uranium industry to be one that will be addressed, that it can't ignore."
  12. shambles

    NEL

    In reply to: pkay on Friday 14/10/05 10:45am CANBERRA -(Dow Jones)- An agreement to oppose any new uranium mines in South Australia at a weekend conference of the state's ruling Labor Party branch maintains the status quo of existing policy, Paul Holloway, the state's minister for mineral resources development, said Tuesday. "Suggestions in the media today that future uranium exploration in South Australia is under a cloud are unfounded," he said in a statement. No new uranium mines in South Australia are imminent, or likely to be affected by the policy, before the issue is considered at a national conference of the Labor Party scheduled for 2007, he said. The state Labor Party policy also won't stop a planned expansion of BHP Billiton Ltd.'s (BHP) Olympic Dam copper/gold/uranium mine, he said. Holloway acknowledged a range of views in the Labor Party, as in the community, on the uranium issue. Shares in uranium exploration companies were sold sharply lower on news of the weekend decision by the Labor Party.
  13. if this has just been floated - with an ipo of 50c, why are people already willing to sell at 49c?? on its first day of trading? whats the point of that??
  14. shambles

    NEL

    In reply to: pkay on Tuesday 11/10/05 10:17am after the labors announcement i think that summit and any other u company will slowly decline..
  15. CANBERRA -(Dow Jones)- An agreement to oppose any new uranium mines in South Australia at a weekend conference of the state's ruling Labor Party branch maintains the status quo of existing policy, Paul Holloway, the state's minister for mineral resources development, said Tuesday. "Suggestions in the media today that future uranium exploration in South Australia is under a cloud are unfounded," he said in a statement. No new uranium mines in South Australia are imminent, or likely to be affected by the policy, before the issue is considered at a national conference of the Labor Party scheduled for 2007, he said. The state Labor Party policy also won't stop a planned expansion of BHP Billiton Ltd.'s (BHP) Olympic Dam copper/gold/uranium mine, he said. Holloway acknowledged a range of views in the Labor Party, as in the community, on the uranium issue. Shares in uranium exploration companies operating in South Australia were sold sharply lower on news of the weekend decision by the Labor Party. These companies included Marathon Resources Ltd. (MTN.AU), PepinNini Minerals Ltd. (PNN.AU), Southern Gold Ltd. (SAU.AU) and Curnamona Energy Ltd. (CUY.AU).
×
×
  • Create New...