DBV would only have been a trader for me at any rate , it will be some time before more good news. Market is over ridden with copper discoveries right now. Seems like every third news release someone else hit a copper target. CCB strictly a trade for me too. By Friday I wont remember the symbol . Not knowledgeable enough on graphite plays to invest in them. They do make great traders though as they seem to be the market dolls right now , at least in the resource side of market.
I have been looking at two stocks as investment stocks in the past week. One is RPM , the share price has been moving up nicely over past week . I believe the market is starting to factor in the income they will be receiving from the Coeur Rochester Mine that they got in settlement for the claims they staked that Coeur let expire. The 4.25 million per quarter they will be getting for the next four years will allow RPM to aggressively explore the collection of great properties they have in Nevada. It will also put them in a great position to buy into a more advanced property if they see fit. I expect good things from RPM this year and there future is very secure. I have followed them and held some shares last year but I sold out to go mining and have not bought back in as yet. I will be taking a position in the next week or two.
The other is VMS ventures whose JV with HBM on the Reed Copper Mine is going into production as we speak.VMS owns 30% and is carried to production by HBM. Small hi grade copper zinc gold silver deposit near Flin Flon. VMS also owns 24% of North American Nickel as a bonus side play. Interesting well run company with some good properties and a healthy financial with 10 mil in kitty and revenue to start flowing soon from Reed Mine. RPM is at .20 and VMS is at .265 . Both companies have less then 150 mil out.
ryepatchgold.com
hudbayminerals.com
vmsventures.com
Rye Patch Quantifies 3.4% NSR Coeur Rochester Mine Royalty
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 6, 2013) - Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCQX:RPMGF)(FRANKFURT:5TN) (the "Company" or "Rye Patch") describes its Coeur Rochester mine 3.4% net smelter return (NSR) royalty cash flow model so that investors can have a better understanding of its value and cash revenue stream to the Company over the next four years. The information is based on Coeur Mining, Inc.'s published National Instrument 43-101 technical report dated effective January 1, 2013 (the "Technical Report") in respect of the Coeur Rochester Mine located along the Oreana trend in Pershing County, Nevada.
Pursuant to the June 25, 2013 settlement between the Company and Coeur Rochester Inc. (Coeur Mining, Inc.'s wholly-owned subsidiary), the Company will receive a 3.4% NSR from all silver equivalent ounces produced and sold until 39.4 million ounces of silver equivalent ounces have been produced and sold from the Coeur Rochester mine;Using Coeur Mining Inc.'s Technical Report, the royalty is projected to yield total cash disbursements of US$32 million to Rye Patch between January 1, 2014, and December 31, 2017;The NSR will be paid quarterly, and the revenue stream is estimated to provide between US$6.79 million to US$8.56 million annually between January 1, 2014, and December 31, 2017; andThe NSR's actual annual cash revenue stream is dependent on the gold and silver price received from the sale of gold and silver during each quarter of the royalty.| MODELLED ROYALTY CASH FLOW | | Total X1000 | | Year | | 2014 | | 2015 | | 2016 | | 2017 | | | Tons Ore | | | 17,273 | | | 16,964 | | | 17,069 | | | 12,691 | | | 63,997 | | Ag Grade (opt) | | | 0.52 | | | 0.57 | | | 0.57 | | | 0.55 | | | | | Au Grade (opt) | | | 0.004 | | | 0.004 | | | 0.004 | | | 0.005 | | | | | Recovered Ag Ounces (61%): | | | 5,479 | | | 5,898 | | | 5,935 | | | 4,258 | | | 21,570 | | Recovered Au Ounces (92%): | | | 64 | | | 62 | | | 63 | | | 58 | | | 247 | | Silver Prices: | | $ | 27.50 | | $ | 27.50 | | $ | 27.50 | | $ | 27.50 | | | | | Gold Prices: | | $ | 1,450 | | $ | 1,450 | | $ | 1,450 | | $ | 1,450 | | | | | Silver Revenue: | | $ | 150,672 | | $ | 162,206 | | $ | 163,210 | | $ | 117,090 | | $ | 593,178 | | Gold Revenue: | | $ | 92,169 | | $ | 90,520 | | $ | 91,080 | | $ | 84,649 | | $ | 358,418 | | Total Revenue: | | $ | 242,841 | | $ | 252,725 | | $ | 254,290 | | $ | 201,739 | | $ | 951,596 | | Ag Refining Charge ($0.35/oz) | | $ | 1,918 | | $ | 2,064 | | $ | 2,077 | | $ | 1,490 | | $ | 7,550 | | Au Refining Charge ($8/oz) | | $ | 509 | | $ | 499 | | $ | 503 | | $ | 467 | | $ | 1,977 | | Total Refining Charges: | | $ | 2,426 | | $ | 2,564 | | $ | 2,580 | | $ | 1,957 | | $ | 9,527 | | Net Smelter Return: | | $ | 240,415 | | $ | 250,162 | | $ | 251,710 | | $ | 199,782 | | $ | 942,069 | | Rye Patch Gold NSR Royalty (3.4%): | | $ | 8,174 | | $ | 8,505 | | $ | 8,558 | | $ | 6,793 | | $ | 32,030 | | Ore tons, gold and silver grade, and recovered gold and silver ounces are based on information contained in Coeur Mining, Inc.'s Coeur Rochester Mine Technical Report Dated Effective January 1, 2013 | | Gold and Silver prices are based on Coeur Rochester Mine Reserve metal price assumptions in Coeur Mining, Inc.'s Coeur Rochester Mine Technical Report Dated Effective January 1, 2013 | | Refining charges are industry standard charges paid to a third party refiner based on various published PEAs | | Using Au to Ag multiplier of 65, the model represents 37.6Mozs Ageq of 39.4Mozs Ageq |
In addition, as part of the announced June 25, 2013 settlement, the Company completed the acquisition of the Blue Bird patented mining claim located adjacent to the Lincoln Hill project. The acquisition consolidates the mineral title and connects the mineral trends between Lincoln Hill and Independence Hill giving the project significant upside potential.
Given the immense upside potential along the Oreana trend at Wilco, Gold Ridge and Lincoln Hill projects, the Jessup project has become a low priority. A portion of the property, the Snowwave lease, was terminated. The Allied Nevada and Mough leases remain in effect, and the Company has retained its 100% owned claims. |
