Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (27790)	12/14/2006 10:29:30 AM
From: LoneClone	Read Replies (1) \| Respond to of 78422

Platinum Junior Anooraq Looks to South African Listing By Charlotte Mathews 13 Dec 2006 at 08:40 AM EST resourceinvestor.com JOHANNESBURG (Business Day) -- Junior platinum explorer Anooraq Platinum [AMEX:ANO; TSXv:ANO] had applied to the JSE for a secondary listing on the exchange before the end of the month, partly to fulfil conditions of an agreement with its black empowerment partners, it said yesterday. This would make Anooraq the second foreign platinum company to take a secondary listing on the JSE, and the fourth new resources company listing this month, after Jubilee Platinum [LSE:JLP], GVM Metals [LSE:GVM] and Pamodzi Gold. Anooraq, whose primary listing is on the Toronto Stock Exchange with a secondary listing on Amex, owns a number of exploration properties on the northern and eastern limbs of South Africa’s platinum-rich Bushveld complex. On three of these properties — Ga-Phasha, Kwanda and Boikgantsho — it has a joint venture with Anglo Platinum. A pre-feasibility study is under way at Ga-Phasha and is scheduled to be completed early next year. Two years ago the South African Reserve Bank approved proposals for Anooraq’s black empowerment partners, Pelawan Investments, to convert their 50% interest in the Ga-Phasha project into shares in Anooraq, provided Anooraq took a secondary listing on the JSE by a certain date. Pelawan Investments, through the Pelawan Trust, owns 56.25% of Anooraq. Anooraq executive director for investor relations, Phumzile Langeni, said Anooraq, through advisers Nedbank, had been in discussions with the JSE for some time and had submitted a pre-listing statement for approval. The listing would be by way of an introduction, not by issuing new shares, but to satisfy JSE requirements Anooraq would be required to put in place a scrip lending arrangement to facilitate some liquidity in its shares. Langeni said the reason for listing on the JSE was not only to fulfil one of the conditions to the agreement with Pelawan Investments but also because Anooraq was a South African company, with operations in South Africa, a global hub for platinum mining. The listing would also provide Anooraq with currency it could use in future. Anooraq also said it had been granted new order prospecting rights by the department of minerals and energy on three farms covering 5857ha near Mokopane in Limpopo.

To: LoneClone who wrote (27790)	12/14/2006 2:14:31 PM
From: marcos	Read Replies (1) \| Respond to of 78422

bmc.v - nickel above 16 and Brilliant hasn't traded a share yet today? ... amazing On lithium - this year i bought a hammerdrill/driver, Milwaukee V-28 model, excellent little machine and one of the best things about it is the lithium-ion battery pack, it's lighter and higher capacity than any ni-cad battery could possibly be, does a surprising amount of work on a charge [one thing i was doing was drilling half-inch holes in old concrete, very tough stuff, got six of these six inches deep on a charge], also the power stays strong until it's discharged, doesn't get limp starting at half-way like ni-cad ... plus the batteries take full charge much faster, one hour or less, and there's no memory problem, you don't have to screw around discharging it fully before plugging it in So i'm pretty sold on lithium-ion ... the exploding Sony ones were due to faulty construction, bits of metal where it shouldn't have been, as i understand ... what i'd like now is an electric pickup, 200km range, 800kg payload including driver, four wheel drive, built to last, li-ion battery pack made so that it's completely recyclable, every two years or so you exchange it for a new one, they unseal the case and re-organise all the components, button it back up, paint it maybe, and exchange it to somebody else ... not holding my breath waiting though, stuff like this makes too much sense even for the japanese nowadays, they even stopped making those great little 80s toyota pickups