This was my short list from May 05..will update and add to it soon. Special thanks to Elizabeth Andrews, Claude, Russ and Marcos etc....I have a lot of time for your post's :)
May 05 Watch List:
NORTHGATE EXPLORATION LIMITED (CDNX-NGX)
Web Address: northgateexploration.ca
Last Traded: 1.85
Rolling 52 Week High: 2.04
Rolling 52 Week Low: 0.81
Market Cap: $129 Mil.
# of Shares Outstanding: 69.8 Mil
(Fully Diluted): 144 Mil.
Northgate is in the business of mining and exploring for gold and copper, with a focus on opportunities in North and South America. The Corporation's principal asset is the 275,000 ounce per year Kemess South mine in north-central B.C. Kemess North contains an inferred resource of 5.7 million ounces of gold. On April 02 NGX completed a C$140 Mil. financing.
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ANATOLIA MINERALS (CDNX.YMC.U)
Web Address: anatolia-minerals.com
Last Traded: 1.15 (U.S.Dollars)
Rolling 52 Week High: 1.18
Rolling 52 Week Low: 0.17
Market Cap: $29 Mil
# of Shares Outstanding: 25.3 Mil.
(Fully Diluted): 30.4 Mil
Rio Tinto is earning into three Anatolia prospects in Turkey, each requiring expenditures of US$10.5 million and payments of US$1.5 million for a 65% interest. Anatolia has reserves of 3.2 million ozs., and another 7 million in inferred. Rio Tinto has 4 rigs working to define resource boundaries. On Feb. 27, Anatolia announced the conclusion of a private placement offering for proceeds of US $656,250.
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SEABRIDGE RESOURCES INC. (CDNX-SEA)
Web Address: seabridgegold.net
Last Traded: 1.39
Rolling 52 Week High: 1.15
Rolling 52 Week Low: 0.38
Market Cap: $21.7 Mil.
# of Shares Outstanding: 15.6 Mil.
SEA has a resource estimate on 7 of their projects, including its 100% owned Quartz Mountain gold project located in Lake County, Oregon of 8.1 million ounces, of which 5.6 million are in the measured and indicated categories. On Feb. 14, SEA announced that Pan Atlantic Bank and Trust Ltd., has agreed to purchase $1.5 million in unsecured convertible debentures from the Company.
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WOLFDEN RESOURCES (CDNX-YWO)
Web Address: wolfdenresources.com
Last Traded: 1.25
Rolling 52 Week High: 1.29
Rolling 52 Week Low: 0.27
Market Cap: 18.9 Mil.
# of Shares Outstanding: 15.1 Mil.
(Fully Diluted): 17.7 Mil.
Wolfden is a Canadian based mineral exploration and development company. YWO is back drilling its 100% owned High Lake Property in Nunavut Canada. Currently, the drill- indicated resource is 5.3 million tonnes averaging 4.05% Copper, 2.36% Zinc, 1.76 g/t Gold and 31.73 g/t Silver. On April 25, YWO announced that it has completed a $2.2 Mil. financing. Goodman and Sinclair are all over the last PP.
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ROCKWELL VENTURES INC. (CDNX-RCW)
Web Address: hdgold.com
Last Traded: 0.17
Rolling 52 Week High: 0.54
Rolling 52 Week Low: 0.12
Market Cap: $9.2 Mil.
# of Shares Outstanding: 54.2 Mil.
RCW has been assigned from Hunter Dickinson Group, an option to earn from Falconbridge Limited a 60% participating joint venture interest in the 314,000 hectare Fox River property located 250 km east of Thompson, Manitoba. RCW will incur expenditures of $12.5 million within 5 years with a minimum annual expenditure of $2,500,000. Presently, 17 Thompson-Voisey's Bay-type nickel-copper targets, 4 Raglan-type nickel-PGM targets, 8 stratabound PGM-type targets, and 14 kimberlite targets are identified for drilling by Rockwell. I still remember how Bob and Bob "sold" Continental to PDG for 285 Million. And geeting the B.C. government to spend 130 Million on Kemiss...priceless. The Lundin's come to mind when I think of the top 3 in this category.
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INTERNATIONAL TAURUS RESOURCES (CDNX-ITS)
Web Address: intl-taurus.com
Last Traded: 0.13
Rolling 52 Week High: 0.20
Rolling 52 Week Low: 0.05
Market Cap: $7.9 Mil.
# of Shares Outstanding: 61.4 Mil.
On April 30, ITS announced that all necessary engineering plans for the Fenelon High-Grade Gold Project first-phase pilot mine and feasibility study have been filed. The pilot mine is designed as an expansion of the Taurus bulk-sample open pit, which produced 4,339 ounces of gold in 2001. The bulk sample extracted 14,000 tonnes and, including excessive dilution, returned a grade of approximately ten grams per tonne. In addition to the Fenelon Gold Project, Taurus operates two other projects, the Taurus Gold Project in British Columbia and the Noyon Gold Project in Quebec, which have a combined gold resource of nearly 2.5 million ounces. |
