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To: ms.smartest.person who wrote (597)1/1/2006 8:56:50 PM
From: ms.smartest.person  Respond to of 3198
 
RPT-Bay Street Week Ahead-TSX unlikely to burn so bright in '06
Sun Jan 1, 2006 10:30 AM ET

(Repeats Friday column)

By Rachelle Younglai

TORONTO, Jan 1 (Reuters) - The Toronto Stock Exchange swept out of 2005 to rave reviews, but this year it is unlikely to repeat a performance that exceeded expectations, even though demand for its star players -- oils and metals -- remains high.

An encore in 2006 would need energy prices to soar the way they did after Hurricane Katrina, a more composed Canadian dollar and buoyant North American economic growth.

"It's almost a naive assumption to make," said Andrew Pyle, senior economist with the Bank of Nova Scotia.

At the start of 2005, pundits were forecasting a 10 percent increase for the Toronto Stock Exchange.

Then oil prices began climbing on supply shortages and brisk demand, propelling Canada's energy sector more than 50 percent higher. Metal prices also touched multiyear highs, boosting mining companies by about 15 percent.

Those two factors, and an announcement by the federal government that it would cut taxes on dividends and leave the popular income trust structure unchanged, helped carry the S&P/TSX composite index to a 22 percent gain for the year.

That rise followed a 12.5 percent gain in 2004 and a 24 percent increase in 2003. The TSX closed at 11,272.26 points on Friday.

"We have more than doubled that (2005) outlook and we have done that on the back of some very strong energy and commodity prices, and not without a lot of other good news," said Michael Sprung, president of Sprung & Co Investment Counsel. "I don't see how it can continue."

A stronger Canadian dollar, fears that the U.S. economy will wane, and weaker oil prices could all conspire to rein in Canada's main stock exchange.

"I think the biggest risk to Canadian equities (in 2006) is that we see a more aggressive spike higher in the Canadian dollar, which does put pressure on earnings and obviously competitiveness," said Pyle.

Key exporters, like the manufacturing, resources and forestry groups, are hurt by a stronger currency, which makes their products more expensive for foreign buyers.

Pyle said that if the Canadian dollar pushes above 90 U.S. cents early in 2006, a wider range of companies will have a harder time penetrating export markets. And firms that are able to move their products are likely to see their earnings crimped.

The currency finished at C$1.1630 to the U.S. dollar, or 85.98 U.S. cents on Friday, up 3.2 percent on the year.

The fear of an economic slowdown in the United States, Canada's largest trading partner by far, also clouds the broader outlook.

According to the latest data, sales of existing U.S. homes fell, indicating the rally in the U.S. housing market has begun to wane.

"I think there are large inflationary concerns starting to creep into the market. Consumer debt is at all-time high levels, mortgages outstanding are huge and with the burden of additional expenses coming through in the way of inflation, it could put some real pressure on making those mortgage payments," said Sprung.

"If their economy turns down -- 80 percent of our trade is with the U.S. -- it's certainly going to affect us, particularly Ontario and Quebec, in a major way."

Barring natural disasters like Hurricane Katrina, which cut back oil and gas production in the U.S. Gulf of Mexico, many market watchers believe oil prices will level out in 2006.

"All in all, you are dealing with a finite commodity and the voracious appetite that China and India have for energy should help put some kind of floor under the price," said John Kinsey, a portfolio manager with Caldwell Securities Ltd.

"That will still auger well for Canadian commodity stocks, it's just that we're not going to get the doubles and triples that we have seen in the past."

($1= $1.16 Canadian)

© Reuters 2006 All rights reserved.

yahoo.reuters.com



To: ms.smartest.person who wrote (597)1/24/2006 9:07:08 PM
From: ms.smartest.person  Read Replies (1) | Respond to of 3198
 
AuEx Ventures Inc. (XAU.U TSX-V)

AUEX VENTURES INC.

AuEx Ventures Inc. "AuEx" is a newly listed, Nevada focused, precious metals exploration company that began trading on Tier 2 of the TSX Venture Exchange on June 30, 2005.

AuEx' stock symbol is XAU.U and is currently traded in US Dollars.

AuEx controls over 40,000 acres of unpatented claims and fee land, and has a current portfolio of 12 exploration projects, 3 of which are under exploration agreements.

The company intends to continue to leverage the extensive in-house Nevada exploration experience and high-end technical skills of its founders to execute its joint venture business model.

AuEx will continue to grow its property portfolio and offer projects it has advanced to select partners under joint venture arrangements.
auexventures.com

Analyst Coverage - Wed Nov 2, 2005

AuEx Re-ignites the Allure of Gold in Nevada
Publisher: Haywood Securities

File: auexventures.com
166 KB, approx. 32 seconds at 56.6Kbps

AuEx Ventures & Alaska Gold (subsidiary of Novagold) Joint Venture(s)
google.com



To: ms.smartest.person who wrote (597)2/9/2006 4:25:41 PM
From: ms.smartest.person  Respond to of 3198
 
Alexco Resource Corp. Completes Initial Public Offering - Shares to Commence Trading on Toronto Stock Exchange

Not for dissemination in the United States or through U.S. newswires.

January 26, 2006 Vancouver, British Columbia -- Alexco Resource Corp. (TSX:AXR) is pleased to announce that it has completed its Initial Public Offering (the "Offering") of 2,000,000 common shares at a price of $1.50 per share for gross proceeds of $3,000,000. Alexco has been advised by the Toronto Stock Exchange that its common shares are expected to commence trading on the Toronto Stock Exchange today under the symbol "AXR".

Canaccord Capital Corporation acted as lead agent in the Offering and was paid a commission equal to 7% of the gross proceeds of the Offering and a corporate finance fee paid in common shares. In addition, Alexco issued 200,000 non-transferable Agent's warrants, each such warrant entitling the holder to acquire one common share at an exercise price of $1.50 per share until January 26, 2007. Alexco intends to use the proceeds of the Offering for costs of the Offering, exploration costs on the Brewery Creek and McQuesten properties, corporate development costs, acquisition/project generation costs and general working capital.

As a result of the completion of the Offering, the 5,264,000 share purchase warrants issued by Alexco on March 15, 2005 will automatically expire at the close of business on February 9, 2006.

This news release shall not constitute an offer to sell or the solicitation of any offer to buy the securities in any jurisdiction. The common shares will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States, or to a U.S. person, absent registration or an applicable exemption there from.

For more information contact the Company at 604-633-4888 or on the Company's website at www.alexcoresource.com or by email to info@alexcoresource.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Clynton R. Nauman
President, Chief Executive Officer and Director

Some statements in this press release contain forward-looking information. These statements include, but are not limited to, statements with respect to the use of proceeds and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the timing and amount of expenditures.


Copyright © 2006 by Alexco Resource Corp. All rights reserved worldwide.
For more information, send questions and comments to info@alexcoresource.com
This page was created on Thu Feb 9, 2006 at 1:23:06 PM Pacific Time.



To: ms.smartest.person who wrote (597)2/9/2006 5:42:02 PM
From: ms.smartest.person  Respond to of 3198
 
NewWest is a new American gold company. They have been a private company for 30 years and plan to file for a listing on the Toronto Exchange in the next 3-4 months. The Northumberland Project is their largest operation and is a JV with Newmont Mining. (There is a picture on their website)

Drilling by the Newmont-NewWest JV at our Northumberland Project in August 2005

Website Services Provided by Pite Creative
© 2005 NewWest Gold Corporation


NewWest is a new American gold company.
newwestgold.com

We own a major portfolio of advanced and exploration-stage projects within Nevada’s most prolific gold trends.

Our flagship property is Northumberland, a Carlin-type gold district with a defined multi-million ounce gold resource and significant exploration upside. Newmont Mining may earn a 60% interest by spending $25 million on advancing the project.

NewWest owns two additional advanced-stage gold projects, the Sandman and Zaca projects, and 14 drill-supported exploration-stage gold projects.

NewWest is one of the largest private owners of mineral rights in the gold trends of northeastern Nevada. Our holdings of over 600,000 acres are in close proximity to established mines and infrastructure.

NewWest is growth-oriented. We expect to provide superior value to our shareholders by developing our advanced gold projects, discovering additional gold resources, optimizing our existing property portfolio, and growing through strategic acquisitions and alliances.