This is nor spam, it was brought up as a comparison from Foolsgold at RRB just now: ragingbull.com Haber is not a/ an / the / ONLY start of a mining change: The company's 1998 annual report calls the Prairie gold project its "primary asset," adding: "We have made a quantum step in our understanding of the nature of Prairie gold mineralization, which has allowed us to make real progress toward our goal of developing a reliable method for determining precious metal grades." In his December assessment of the company, Mr. Kaiser called the model controversial. The company's view is that the Prairie gold deposits in Athabasca and elsewhere may soon be recognized as an emerging frontier in the development of large tonnage, sediment-hosted deposits of gold, platinum, palladium, and other precious metals. BOLD was just inserted if it don't show same statement at PPSS at bottom- Chuck - a half OPT - 17 grams and AA finish- the pilot plant is next BUT why spend those bucks without Chain of Custody Testings? Bankable Third Parties are not a Geo Report. ( From a old sheet of paper and 2,500 tons of stored SM stock piled ore as BHMNF : OTCBB has 22 years worth of Cleansed Tailings Piles! This could be the next BIGGIES- I want you all to know that NAME -hell call it BIRCCHH MOUNTAIN but study thsi sucker now. Switch tomorrow, anyone who reads this, I say go with the Standard Proofs, the standard guys...if i have any following who reads my 4 years of PGms studdying buy BIRCH MNTAIN and their neighbor NBL:VSE ( they are only 15 cents CN so 12 cents US will buy you a million acres there and 2 million acres at BIIRRCH MOUNTAIN...just do it...one third in NBL and 2/3rds in BMD....) newblueribbon.com birchmountain.com OR if wonderring now, go here and wonder: worldvannadium.net worldvanadium.net ( so I will do .com in case you think I intentionally doid it wrong where is that TE
(Voluntary Disclosure: Position- No Position; ST Rating- Strong Sell; LT Rating- Strong Sell)
PPSS FULL TEXT: I play Tonite, Text below 17 Grams ( 30 to the Oz ) PGMs at BHMNF see why NL Minining Folks rec Birch Mountain: Public Info and Rec ( Golly - why no Newsletter in Mining Recs on ORXX? Dah!) RE: ragingbull.com Kaiser thinks so, news just out: Birch Mountain Resources Ltd - Birch Mountain leads Kaiser's 1999 portfolio Birch Mountain Resources Ltd BMD Shares issued 24,622,290 1999-06-02 close $1.55 Wednesday Jun 2 1999 THAT'S ONE QUANTUM STEP FOR PRAIRIE GOLD; ONE BIG LEAP FOR STOCK By Stockwatch Business Reporter The Doug Rowe mineral play Birch Mountain Resources again leads John Kaiser's recommendations for 1999. The stock also led in April. In May, Aquest Minerals topped the Kaiser portfolio. Mr. Kaiser tipped Birch Mountain a medium-priority buy at 30 cents on Dec. 11, 1998. It was the first time he recommended the stock since the Kaiser Bottom-Fishing Report began in 1994. Birch Mountain closed Tuesday on the Alberta Stock Exchange at $1.59, up four cents from Monday's close, on volume of 46,700 shares. No other letter writer followed by Stockwatch has recommended Birch Mountain, although Yorkton Securities tipped it a buy in February 1998 based on its exposure to the once-hot Alberta diamonds play. The company's main area of interest are several properties in Western Canada that may host gold and platinum in sediment rock. Its search is based on a unique theory called the Prairie gold model. Birch Mountain's performance helped boost Mr. Kaiser's 1999 bottom-fishing portfolio to a 14.5 per cent gain. That is down from last month's standing of a 23.7 per cent gain. In his Dec. 11 recommendation Mr. Kaiser gave little indication about what might drive the stock in 1999 and has not offered any thoughts on its good performance this year. His most recent Bottom-Fishing Report, dated May 26, is also silent on the topic. Mr. Kaiser commented, however, on his overall portfolio of 100 bottom-dwelling recommendations and was gloomy in spite of its gains. "Let's face it," he wrote on May 26, "my latest 'best ever bottom-fish list' is so far yet another dog, the third in a row. None of the 1999 bottom-fish have reached the target of a 500 per cent gain from the bottom-fish buy bracket limit, though a few like Birch Mountain and Oro Nevada have come close." Birch Mountain's rise this year began several days after March 1 results were released by Tintina Mines and NSR Resources from their Asphalt and Buckton properties in Northeastern Alberta, which is also Birch Mountain's main area of geological interest. Although the results were inconclusive, they were enough to send Tintina and NSR to recent highs on March 2; both have fallen significantly since then, however. Birch Mountain owns 500,000 shares of Tintina's 7.1 million shares; in addition, Birch Mountain was in a property deal with the two other companies in which Birch Mountain acquired an option to purchase a 51 per cent interest in the Fort McKay property. On April 13, the company raised a little over $1-million in a non-brokered private placement. The units comprised one share and half a warrant. Half the units had flow-through benefits, while half did not. The price structure, in which the flow-through units carried no premium over the non-flow-through units, indicates it was created with insiders in mind. Indeed, the biggest single purchaser was Mr. Rowe, the company's president, buying 682,222 units, for a total $245,600. Hugh Abercrombie, Birch's vice-president of exploration, picked up 39,999 units, for a total $14,400. Dr. Abercrombie is the geologist behind the Prairie gold theory. When the company applied for the private placement, on Feb. 4, it was trading at 44 cents; when the deal completed on April 13, it was trading at $1.20. The warrants entitle the holder to buy one share at $1 until April 12, 2000. The company's 1998 annual report calls the Prairie gold project its "primary asset," adding: "We have made a quantum step in our understanding of the nature of Prairie gold mineralization, which has allowed us to make real progress toward our goal of developing a reliable method for determining precious metal grades." In his December assessment of the company, Mr. Kaiser called the model controversial. The company's view is that the Prairie gold deposits in Athabasca and elsewhere may soon be recognized as an emerging frontier in the development of large tonnage, sediment-hosted deposits of gold, platinum, palladium, and other precious metals. Mr. Kaiser's second best performer was Aquest Minerals, which was last month's first place winner. Aquest closed on Tuesday at 66 cents, up from the Dec. 11 recommendation price of 10 cents. During the past month, the company closed the agreement for the Anabella property in Guatemala. Mr. Kaiser liked the deal so much that he rerecommended the stock on March 31, soon after the agreement was first announced. The third best performer was Oro Nevada, which also took third-place honours last month. It closed on Monday at 87 cents, down from recent highs during mid-May at $1.20 and a high during April of $2.02. Mr. Kaiser recommended the stock on Dec. 11 at 30 cents. On May 20, Oro Nevada confirmed widespread speculation that the company would reposition itself as a technology company, "with exclusive focus on Internet, e-commerce, and enterprise software applications," in the words of president Michael Farrugia. The negative side of Mr. Kaiser's portfolio was once again led by Queenstake Resources (at 22 cents from 62 cents since Dec. 11), followed by Energold Mining (at 18 cents from 51 cents), and Independence Resources (at 10 cents from 25 cents). Of the 100 picks in his portfolio, winners outpaced losers by 52 to 48.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
old url (better for printing) P.S.- Been noticing Cannacord and Yorkton buys on TTS lately...even...same brokers on BMD and NSR Chuckaway is always I requote/..view is that the Prairie gold deposits in Athabasca and elsewhere may soon be recognized as an emerging frontier in the development of large tonnage, sediment-hosted deposits of gold, platinum, palladium, and other precious metals. ..//>
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy) nd : techstocks.com techstocks.com The scans: 4 Grams Gold / 11 Gram Platinum / 1.9 Grams Palladium - Wet Chem - Metals Scansed nd some with AA Finish Assays with Background Detrium Arc Correlations. RE- BIRCH MOUNTAIN REPORTS TECHNICAL OVERVIEW AND birchmountain.com half of it so get the other:
ANALYTICAL RESULTS FOR ATHABASCA PGM-GOLD PROJECT
CALGARY, Alberta, July 16, 1999 - Birch Mountain Resources Ltd. (BMD:ASE) wishes to provide a technical overview of the results of assay and analytical method development work carried out by Birch Mountain and others on its Prairie Gold properties. Analytical data have been generated by or on behalf of Birch Mountain, and independently by other companies, government agencies and universities.
Summary Birch Mountain concludes that the results of analyses of drill core and surface samples highlighted below, conclusively prove the existence of anomalous quantities of gold, silver, platinum, palladium and other precious and base metals in rocks from our Athabasca property. Testing of quantitative assay methods developed by Birch Mountain and other parties, however, has not yet achieved our objective of developing a method for repeatable, statistically sound estimates of precious metal concentrations. Recent advances in our understanding of the underlying chemical systems related to mineral genesis, have enabled Birch Mountain to achieve intermittent detection of important levels of gold, platinum and palladium. We feel that the variability in results is related to control of certain process parameters that are now systematically being tested. We know that gold, platinum, palladium and other precious and base metals are present in our Athabasca rocks, but at this point we can not quantify their concentrations within acceptable statistical variance.
Electron Imaging
As stated in the news release of June 24, 1999, Birch Mountain considers that scanning electron microscope (SEM) and electron microprobe (EMP) data conclusively prove the existence of anomalous quantities of gold, silver, platinum, palladium and other precious and base metals in sedimentary rocks from Athabasca. Birch Mountain, the Geological Survey of Canada, Lac Minerals and others have conducted extensive SEM/EMP imaging and elemental analyses of surface samples and drill core from Athabasca using secondary and backscattered electron (BSE) imaging, and energy and wavelength dispersive x-ray spectrometry. Over 200 distinct chemical species comprising native and multi-element precious metal particles, and more widely distributed base metal particles, notably Cu, Zn and Pb, have been documented. As an example, one broken surface on one drill core specimen examined by SEM/EMP contained 90 micron-sized gold-bearing particles. The existence of placer accumulations of distinctive flour gold in rivers and streams in Athabasca further supports a local source of gold and other precious metals. Sources of information for SEM/EMP results are listed in Table 1.
Table 1. Precious metals detected by SEM and EMP analysis, Athabasca and Dawson Bay. Noe the Shell Side of a re vampeping of an EXISTING READ MINE: techstocks.com techstocks.com To: +Chuca Marsh (135 ) From: +Chuca Marsh Wednesday, Jun 16 1999 10:41PM ET Reply # of 198
Strange, more Oil News: In One week Spread, and the BMD AGM is the 24th June 99: Folks this is BIG...positioning to ALBERTA oils sands IMHO, OIL SANDS Syncrude: News Today about THEM divesting also...first SHELL, today Syncrude!: Gulf Canada Resources Ltd - Van Sun/CP say Gulf Canada to sell Australian operations Gulf Canada Resources Ltd GOU Shares issued 348,950,044 1999-06-15 close $5.5 Wednesday Jun 16 1999
The Vancouver Sun reports in a Canadian Press dispatch in its Wednesday edition that Gulf Canada Resources has hung out a For Sale sign on its Australian operations, a month after chief executive Dick Auchinleck told shareholders at the Calgary company's annual meeting that Gulf would not be selling any more assets. The senior oil producer says it is considering selling its Australian operations and it has retained HSBC Securities to find possible buyers. In Australia, Gulf Canada produces 11,000 barrels of oil equivalent per day and it employs 150 people. Mr. Auchinleck says his company has not made a final decision but at this point he says there is a 50 per cent chance that the Australian operation will be sold. He declined to elaborate on a likely price tag. Mr. Auchinleck also says that Gulf Canada's interest in a $500-million heavy oil joint venture with PanCanadian Petroleum, unveiled in April, could also be sold within the next 18 months.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
old url (better for printing) Now an interesting Old News Below:
Gulf Canada Resources Ltd - Syncrude Canada annual results Gulf Canada Resources Ltd GOU Shares issued 348,950,044 1999-05-25 close $5.25 Wednesday May 26 1999 See Alberta Energy Company Ltd (AEC) News Release
Mr. Peter Marshall of Syncrude Canada reports Syncrude Canada has released its annual report on the World Wide Web. The report shows that annual Syncrude sweet blend shipments were 76.7 million barrels, the 17th annual record in 20 years of operations. Total unit costs, at $13.57 per barrel, were the lowest in Syncrude's history. Capital expenditures were a record-breaking $481-million, almost 35 per cent higher than the $355-million invested in 1997. Environmental performance was also exceptional in 1998 with performance better than regulated limits. These achievements are considered outstanding. The operation continues to be on track toward increased energy efficiency. Its goal is to achieve annual energy use reductions of almost 2 per cent on average for a total reduction of 35 per cent per barrel of production between 1990 and 2008. Many of the gains will be realized as new equipment and technology are introduced through Syncrude's $6-billion capital investment program, which are described in the innovative report. During the year, construction commenced on the second ore train of the North mine and its associated hydrotransport facilities; approval was received from the joint venture owners to start construction of the Aurora project which expands Syncrude's mining operation onto new oil sands leases; the second stage of upgrader debottlenecking was started; and the regulatory application for the upgrader expansion project was submitted. The Syncrude project is a joint venture operated by Syncrude Canada Ltd. and owned by AEC Oil Sands, L.P., AEC Oil Sands Limited Partnership, Athabasca Oil Sands Investments Inc., Canadian Occidental Petroleum Ltd., Canadian Oil Sands Investments Inc., Gulf Canada Resources Limited, Imperial Oil Resources, Mocal Energy Ltd., Murphy Oil Company Ltd., and Petro-Canada.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com Chucka-murphyoilsoap-INFORMATION SHARRING AGREEMENT with Syncrude and with Shell- Price Tag on that JV inwhich we at BMD exchange the info, is $100,000,000 ( 100 Million Dollars Canadian ) The Athabasca -YES! The SEM/EMP data show that the gold particle size population, determined from measurements of 170 particles, exhibits a truncated distribution with nearly 50 % of measured gold particles falling in the smallest size range of
(Voluntary Disclosure: Position- No Position; ST Rating- Strong Sell; LT Rating- Strong Sell)
|