How Long Will The Short Interest In McEwen Mining Last? [View article]
TNR Gold: Los Azules Litigation: McEwen Mining Cautions Shareholders at Annual General Meeting TNR.v, MUX
Now we have more information on Los Azules valuation from McEwen Mining AGM, which was held in Toronto yesterday.
McEwen Mining AGM presentation.
Los Azules is presented from page 22.
Los Azules vs Undeveloped Copper Deposits: Grade - 2nd Annual Production - 5th Mine Life - 6th Resource Size - 7th
Page 24 present the map of Los Azules with clear indication of TNR Gold contested property, where the majority of high grade core with Cut off grade 0.7% is located. Page 27. Los Azules - Comparable Copper Projects Sold - Average Value/lb CuEq - $0.05 This indication will put Los Azules valuation with 12.5 b lb of Cu Eq to $625 million.
M&A: TNR Gold In Play: McEwen Mining considers divestiture, JV of Los Azules, executive says by Matt Whittaker in New York TNR.v, MUX
Now we have some valuations for Los Azules from McEwen Mining to digest - we think, that suggested USD 300 million will be the lowest valuation now, provided in order not to increase TNR Gold appetite. "However, he cited other recent sales of copper porphyry assets similar to Los Azules that were completed for USD 5 cents per pound." - This benchmark will put valuation for Los Azules at USD 625 million.
Merger market:
McEwen Mining considers divestiture, JV of Los Azules, executive says by Matt Whittaker in New York May 15, 2012
McEwen Mining (TSX: MUX, NYSE: MUX) plans to divest or joint-venture its Argentinean copper asset once ownership of the disputed project is resolved next year, said senior vice president Ian Ball on the sidelines of the New York Hard Assets Investment Conference this week.
The Toronto-based company is currently involved in litigation with TNR Gold (CVE:TNR), a Vancouver-based junior miner that is challenging title to the northern half of Los Azules. TNR is seeking, among other things, recognition of a right to a 25% interest in the property.
Separately, the roughly CAD 10m market capitalized TNR has said it has received an unsolicited merger proposal from a third party.
TNR Gold: McEwen Mining Considers Divestiture, JV Of Los Azules, Executive Says By Matt Whittaker In New York TNR.v, MUX [View instapost]
Retirefund - this one is worth digging out and making your DD - it is still totally under the radar screen, but all documents are out there - time spent could be very well rewarded.
Look at the insiders - they are only buying TNR for years and today TNR has announced extension of Bridge financing to mid 2013 - shareholders are behind this company.
Tanzanian Royalty's Short Interest Growing -- Stage Set For A Big Reversal [View article]
Latest information on McEwen Mining Los Azules litigation:
TNR Gold Receives Third Party Proposal and Provides Los Azules Project Update TNR.v
Kirill Klip, Chairman of TNR commented that: "The Los Azules project is considered to represent one of the largest undeveloped copper projects in the world but the current legal uncertainty over its legal ownership is detracting from the value of the project for shareholders of both TNR and McEwen Mining. The third party proposal which we have received to purchase TNR, together with the fact that McEwen Mining has decided to limit its drilling activity to non-disputed mineral claims only are further validation of the value of TNR, its title claims and its prospects for success in the upcoming Los Azules litigation."
Summer Doldrums Might Be The Time To Pick Up Gold Deals [View article]
TNR Gold Receives Third Party Proposal and Provides Los Azules Project Update TNR.v
Kirill Klip, Chairman of TNR commented that: "The Los Azules project is considered to represent one of the largest undeveloped copper projects in the world but the current legal uncertainty over its legal ownership is detracting from the value of the project for shareholders of both TNR and McEwen Mining. The third party proposal which we have received to purchase TNR, together with the fact that McEwen Mining has decided to limit its drilling activity to non-disputed mineral claims only are further validation of the value of TNR, its title claims and its prospects for success in the upcoming Los Azules litigation."
The China Put: A New Floor In The Gold Market [View article]
TNR Gold Receives Third Party Proposal and Provides Los Azules Project Update TNR.v
Kirill Klip, Chairman of TNR commented that: "The Los Azules project is considered to represent one of the largest undeveloped copper projects in the world but the current legal uncertainty over its legal ownership is detracting from the value of the project for shareholders of both TNR and McEwen Mining. The third party proposal which we have received to purchase TNR, together with the fact that McEwen Mining has decided to limit its drilling activity to non-disputed mineral claims only are further validation of the value of TNR, its title claims and its prospects for success in the upcoming Los Azules litigation."
Summer Doldrums Might Be The Time To Pick Up Gold Deals [View article]
Robert,Please check additional information on McEwen Mining and Los Azules Copper project.Special situations and M&A activity will drive the Gold and Copper juniors in the market.
Los Azules: Gold bug McEwen eyes big copper play - TNR Gold claims Northern Part of the project back Mcewen Mining: SEC filing: ITEM 1A. Risk Factors "The Los Azules copper project is subject to ongoing legal proceedings with the potential that we may lose all or part of our interest in the project.
Electric Cars: Tesla Leads The Wave Of The Future [View article]
Lithium Rush: The Art Of War In The Markets: China Getting Ready For 5 Million Electric Cars by 2020
China has the money, political will and the technology to leapfrog into the post carbon world. Oil is the geopolitical issue already and it will define the sharp edge between the state of War and Peace in the nearest future. As one very wise and honest person has put it: "How to stop wars and terrorism? - Stop using Oil." We will paraphrase it here: How to Survive? - Stop using Oil - at least for transportation. Electric Cars produce the one life time opportunity for China now - do not get us wrong, not everything is driven by the ancient wisdom of "The Art Of War", but just look at what people are doing and not what they are talking about. It is the most apparent situation in the strategic commodities markets - Rare Earths are already controlled by China, Graphite is under the siege and Lithium is the next frontier. Despite all noise in the media, China is steadily implementing its 12th Five Year Plan - to build the new strategic industry based on Electric Cars. We hope, that China is transforming "The Art Of War" into the Art Of Survival for the benefit of all, but the Western world which is teared apart by the latest financial structural crisis is falling dangerously behind now.
We May Have Just Found The Bottom In Gold Stocks [View article]
Charles Nenner Calls For Silver and Gold Bottom - We Call For Apple To Cool Down AAPL, GLD, SLV
DAVID GURWITZ OF CHARLES NENNER RESEARCH: SILVER CYCLES HAVE BOTTOMED AND GOLD CYCLES CLOSE
Where is the connection between the Apple, Oil and Junior Miners? Apple's Top will signify the important turn in the market place - we do not expect economy to be allowed to go bust again in the election year - but if even Apple is not immune to the gravity, the Oil prices will start to be felt more and more. We expect the talk about the QE coming back with the first signs of weakness, the usual remedy against even potential Deflation will be the lower US Dollar via running printing press - more QE. Catalyst for the Juniors with solid projects in Gold, Silver, Copper, Lithium, Graphite and Rare Earths will be the simple fact that you can not print any of these commodities. M&A activity in the sectors must confirm our observations - industry insiders know better where the real value is. Canadian Venture Exchange Index daily chart below is one to watch now - we are close to the October's and December's Lows. Change in leadership in the market place and sector rotation can even beat the juniors' weak summer market seasonality this year.
We May Have Just Found The Bottom In Gold Stocks [View article]
Los Azules: Gold bug McEwen eyes big copper play - TNR Gold claims Northern Part of the project back
TNR Gold's Gary Schellenberg Discusses Gold Mining in Alaska and Los Azules Copper Project on Midas Letter Money TNR.v
Public Court Documents on Los Azules litigation
Mcewen Mining: SEC filing: ITEM 1A. Risk Factors "The Los Azules copper project is subject to ongoing legal proceedings with the potential that we may lose all or part of our interest in the project. http://bit.ly/IIzHVF#
Argentina Nationalizes An Oil Producer, Are Gold Miners Next? [View article]
TNR Gold's Gary Schellenberg Discusses Gold Mining in Alaska and Los Azules Copper Project on Midas Letter Money
Mcewen Mining: SEC filing: ITEM 1A. Risk Factors "The Los Azules copper project is subject to ongoing legal proceedings with the potential that we may lose all or part of our interest in the project.
Time To Buy The Dip On McEwen Mining [View article]
TNR Gold's Gary Schellenberg Discusses Gold Mining in Alaska and Los Azules Copper Project on Midas Letter Money
Mcewen Mining: SEC filing: ITEM 1A. Risk Factors "The Los Azules copper project is subject to ongoing legal proceedings with the potential that we may lose all or part of our interest in the project.
How Long Will The Short Interest In McEwen Mining Last? [View article]
Now we have more information on Los Azules valuation from McEwen Mining AGM, which was held in Toronto yesterday.
McEwen Mining AGM presentation.
Los Azules is presented from page 22.
Los Azules vs Undeveloped Copper Deposits:
Grade - 2nd
Annual Production - 5th
Mine Life - 6th
Resource Size - 7th
Page 24 present the map of Los Azules with clear indication of TNR Gold contested property, where the majority of high grade core with Cut off grade 0.7% is located.
Page 27. Los Azules - Comparable Copper Projects Sold - Average Value/lb CuEq - $0.05
This indication will put Los Azules valuation with 12.5 b lb of Cu Eq to $625 million.
http://bit.ly/MsX35H#
Why The Panic In Resource Stocks? [View article]
Now we have some valuations for Los Azules from McEwen Mining to digest - we think, that suggested USD 300 million will be the lowest valuation now, provided in order not to increase TNR Gold appetite.
"However, he cited other recent sales of copper porphyry assets similar to Los Azules that were completed for USD 5 cents per pound." - This benchmark will put valuation for Los Azules at USD 625 million.
Merger market:
McEwen Mining considers divestiture, JV of Los Azules, executive says by Matt Whittaker in New York
May 15, 2012
McEwen Mining (TSX: MUX, NYSE: MUX) plans to divest or joint-venture its Argentinean copper asset once ownership of the disputed project is resolved next year, said senior vice president Ian Ball on the sidelines of the New York Hard Assets Investment Conference this week.
The Toronto-based company is currently involved in litigation with TNR Gold (CVE:TNR), a Vancouver-based junior miner that is challenging title to the northern half of Los Azules. TNR is seeking, among other things, recognition of a right to a 25% interest in the property.
Separately, the roughly CAD 10m market capitalized TNR has said it has received an unsolicited merger proposal from a third party.
http://bit.ly/Jni8Iz#
TNR Gold: McEwen Mining Considers Divestiture, JV Of Los Azules, Executive Says By Matt Whittaker In New York TNR.v, MUX [View instapost]
Look at the insiders - they are only buying TNR for years and today TNR has announced extension of Bridge financing to mid 2013 - shareholders are behind this company.
Best,
Tanzanian Royalty's Short Interest Growing -- Stage Set For A Big Reversal [View article]
TNR Gold Receives Third Party Proposal and Provides Los Azules Project Update TNR.v
Kirill Klip, Chairman of TNR commented that: "The Los Azules project is considered to represent one of the largest undeveloped copper projects in the world but the current legal uncertainty over its legal ownership is detracting from the value of the project for shareholders of both TNR and McEwen Mining. The third party proposal which we have received to purchase TNR, together with the fact that McEwen Mining has decided to limit its drilling activity to non-disputed mineral claims only are further validation of the value of TNR, its title claims and its prospects for success in the upcoming Los Azules litigation."
http://bit.ly/LBuQXu#
Summer Doldrums Might Be The Time To Pick Up Gold Deals [View article]
Kirill Klip, Chairman of TNR commented that: "The Los Azules project is
considered to represent one of the largest undeveloped copper projects in
the world but the current legal uncertainty over its legal ownership is
detracting from the value of the project for shareholders of both TNR and
McEwen Mining. The third party proposal which we have received to
purchase TNR, together with the fact that McEwen Mining has decided to
limit its drilling activity to non-disputed mineral claims only are
further validation of the value of TNR, its title claims and its
prospects for success in the upcoming Los Azules litigation."
http://bit.ly/LBuQXu#
The China Put: A New Floor In The Gold Market [View article]
Kirill Klip, Chairman of TNR commented that: "The Los Azules project is
considered to represent one of the largest undeveloped copper projects in
the world but the current legal uncertainty over its legal ownership is
detracting from the value of the project for shareholders of both TNR and
McEwen Mining. The third party proposal which we have received to
purchase TNR, together with the fact that McEwen Mining has decided to
limit its drilling activity to non-disputed mineral claims only are
further validation of the value of TNR, its title claims and its
prospects for success in the upcoming Los Azules litigation."
http://bit.ly/LBuQXu#
The China Put: A New Floor In The Gold Market [View article]
TNR Gold litigation on Los Azules Copper Project, Argentina - Form 10-Q for MCEWEN MINING INC. TNR.v
Los Azules: Gold bug McEwen eyes big copper play - TNR Gold claims Northern Part of the project back
Mcewen Mining: SEC filing: ITEM 1A. Risk Factors
"The Los Azules copper project is subject to ongoing legal proceedings with the potential that we may lose all or part of our interest in the project.
http://bit.ly/JwpTxB#
Capital Will Flow From Tech Stocks To Gold And Silver Miners [View article]
Charles Nenner Calls For Silver and Gold Bottom - We Call For Apple To Cool Down AAPL, GLD, SLV
http://bit.ly/IeOruE#
Please check additional information on McEwen Mining and Los Azules Copper project.
Special situations and M&A activity will drive the Gold and Copper juniors in the market.
Los Azules: Gold bug McEwen eyes big copper play - TNR Gold claims Northern Part of the project back
Mcewen Mining: SEC filing: ITEM 1A. Risk Factors
"The Los Azules copper project is subject to ongoing legal proceedings with the potential that we may lose all or part of our interest in the project.
http://bit.ly/IIzHVF#
Summer Doldrums Might Be The Time To Pick Up Gold Deals [View article]
Los Azules: Gold bug McEwen eyes big copper play - TNR Gold claims Northern Part of the project back
Mcewen Mining: SEC filing: ITEM 1A. Risk Factors
"The Los Azules copper project is subject to ongoing legal proceedings with the potential that we may lose all or part of our interest in the project.
http://bit.ly/IIzHVF#
Electric Cars: Tesla Leads The Wave Of The Future [View article]
China has the money, political will and the technology to leapfrog into the post carbon world. Oil is the geopolitical issue already and it will define the sharp edge between the state of War and Peace in the nearest future. As one very wise and honest person has put it: "How to stop wars and terrorism? - Stop using Oil." We will paraphrase it here: How to Survive? - Stop using Oil - at least for transportation.
Electric Cars produce the one life time opportunity for China now - do not get us wrong, not everything is driven by the ancient wisdom of "The Art Of War", but just look at what people are doing and not what they are talking about. It is the most apparent situation in the strategic commodities markets - Rare Earths are already controlled by China, Graphite is under the siege and Lithium is the next frontier. Despite all noise in the media, China is steadily implementing its 12th Five Year Plan - to build the new strategic industry based on Electric Cars.
We hope, that China is transforming "The Art Of War" into the Art Of Survival for the benefit of all, but the Western world which is teared apart by the latest financial structural crisis is falling dangerously behind now.
http://bit.ly/IIsmns#
We May Have Just Found The Bottom In Gold Stocks [View article]
DAVID GURWITZ OF CHARLES NENNER RESEARCH: SILVER CYCLES HAVE BOTTOMED AND GOLD CYCLES CLOSE
Where is the connection between the Apple, Oil and Junior Miners? Apple's Top will signify the important turn in the market place - we do not expect economy to be allowed to go bust again in the election year - but if even Apple is not immune to the gravity, the Oil prices will start to be felt more and more. We expect the talk about the QE coming back with the first signs of weakness, the usual remedy against even potential Deflation will be the lower US Dollar via running printing press - more QE.
Catalyst for the Juniors with solid projects in Gold, Silver, Copper, Lithium, Graphite and Rare Earths will be the simple fact that you can not print any of these commodities. M&A activity in the sectors must confirm our observations - industry insiders know better where the real value is.
Canadian Venture Exchange Index daily chart below is one to watch now - we are close to the October's and December's Lows. Change in leadership in the market place and sector rotation can even beat the juniors' weak summer market seasonality this year.
http://bit.ly/IeOruE#
We May Have Just Found The Bottom In Gold Stocks [View article]
TNR Gold's Gary Schellenberg Discusses Gold Mining in Alaska and Los Azules Copper Project on Midas Letter Money TNR.v
Public Court Documents on Los Azules litigation
Mcewen Mining: SEC filing: ITEM 1A. Risk Factors
"The Los Azules copper project is subject to ongoing legal proceedings with the potential that we may lose all or part of our interest in the project.
http://bit.ly/IIzHVF#
Graphite: The Driving Force Behind Green Technology [View article]
CEO Buys shares.
http://bit.ly/IY1eSa#
Argentina Nationalizes An Oil Producer, Are Gold Miners Next? [View article]
Mcewen Mining: SEC filing: ITEM 1A. Risk Factors
"The Los Azules copper project is subject to ongoing legal proceedings with the potential that we may lose all or part of our interest in the project.
http://bit.ly/IIzHVF#
Time To Buy The Dip On McEwen Mining [View article]
Mcewen Mining: SEC filing: ITEM 1A. Risk Factors
"The Los Azules copper project is subject to ongoing legal proceedings with the potential that we may lose all or part of our interest in the project.
http://bit.ly/IIzHVF#