Mut Fed Ins Nm Share Discussion Threads

[thetworonnies] 18/6/2007 11:47

AIM listed EnCore Oil/EO.



New note out today on Encore by Hanson Westhouse. From their summary:

"Action. The company has scheduled 18 planned wells across 16 fields, discoveries and prospects before 31 December 2009. In addition the company, through its strong acreage and cash position and its wealth of industry contacts, is in a position to generate attractive industry and corporate deals to enhance shareholder value.

Value. The company's shares, trading at 19.5p are a 70.7% discount to our estimate of the EMV (Expected Monetary Value) of 66.5p (fully diluted) of the exploration programme to the end of 2009. Additional possible exploration on identified prospects adds up to another 13.7p (fully diluted) of EMV. Six of the wells in the programme have a NPV on success (i.e. unrisked) of greater than the company's current capitalisation.

Upside. The company is currently participating in a feasibility study to develop gas storage facilities at the Forbes and Esmond fields. In our opinion, the potential value of these developments has yet to be been recognised by the market. Having studied the valuation of companies either in gas storage operation, or with gas storage under development or planned. We consider there to be a possible upside of up to 60.7p (fully diluted) on the establishment of commercial viability of the gas storage projects."


And another quote from the note:

"The high impact wells are shown in the table on page 6. The table includes the six wells with an NPV on success greater than the current capitalisation of the company and one well (Catcher) with an NPV on success above 80% of the current capitalisation. Together these wells constitute 87% of the total EMV for the drilling programme to 2009. Success on Catcher would greatly assist the company's development and valuation. Success on any of the other six wells could be a company maker. The only high impact well in 2007 is Breagh which is an appraisal of an existing discovery on the Northern edge of the Southern North Sea Gas basin. The well on Bennett, scheduled for Q4 2008 is on a gas prospect underneath the old Gordon field also in the Southern North Sea gas basin. If the well is unsuccessful, the Gordon field will be considered as a gas storage project."

[chay01] 17/6/2007 20:12

2007 Ten Bagger Hunt?

BPRG is a 10-Bagger..... not in 07 but between '07-->'11

[holdontightuk] 17/6/2007 19:58

More reference Pacific Northwest Capital (PFN.TO) taken from the PFN bulletin board..........

Let's just take a look at the "value" of what they had a year ago, with just ONE project (they now have 5);
1020900 oz palladium: x $370 = $377733
353300 oz platinum: x $1285 = $453990
63500 oz gold: x $650 = $412750
TOTAL: $1244473

vs current market cap of $27 million!!!!!!!!!!



As of March 2006 the resource is as follows: Measured and Indicated Resources of 30.5 million tonnes containing 953,900 ounces of palladium (0.97 g/t), 329,500 ounces of platinum (0.34 g/t) and 59,500 ounces of gold (0.061g/t) with an additional 2.3 million tonnes containing 67,000 ounces of palladium (0.87g/t), 23,800 ounces of platinum (0.31g/t) and 4,000 ounces of gold (0.05 g/t) of Inferred Resources using a 0.7 g/t cut off (pt/pd). A 40 tonne bulk sample has been shipped to Anglo Platinum's facilities for metallurgical testing.

On April 5, 2006 PFN announced that it had completed a 3,681 metre Phase 8 drill program that identified 2 new PGM zones. The drilling indicated new zones of PGM mineralization at Spade Lake, SL-01 (1.16 gpt over 18.0 metres) SL-02 (1.86 gpt over 1.0 metre) and SL-03 (1.32 gpt over 2.0 metres). New anomalous zones have also been indicated in the Jackson Flats South (JFS) and Varley Extension (VE) area holes. Phase 9A $1.1 million program has commenced directed at expanding the new Platinum Group Metal (PGM) zones

[vwrich] 15/6/2007 14:50

nwn check it out, could be a big bagger , im in for a few k.

[moormoney] 15/6/2007 14:20

BRR and VIY both rising nicely today.

[greatfull dead] 15/6/2007 07:52

Looking for a ten bagger, look no further. Matra - MTA.

[skiboy10] 15/6/2007 07:50

Good RNS from CMR this morning....

15th June 2007

CAMBRIDGE MINERAL RESOURCES PLC (AIM: CMR) Preliminary Results

Cambridge Mineral Resources plc ("CMR" or "the Company"), the mining exploration and production company, announces its results for the year ended 31 December 2006.

Highlights:

Colombia: - Acquisition of 4 additional gold mining projects - Deployment of a diamond-drill rig - Development of Quintana mine towards feasibility study

Peru: - Start of development on new silver-gold mine at Rasuhuilca

Bulgaria: - New gold-silver mineralization discovered at Tashlaka Hill South

Spain: - Acquisition of Masa Valverde, large base-metal deposit

Corporate: - Neil MacLachlan joins as Chairman (non-executive)

Financial: - Development expenditure grew by over £1.6m - Over £700k reduction in overhead expenses

Post Period: Colombia: - Completion of Quintana feasibility study - JORC resource of over 86,000ozs gold valued at $58m - Option agreement signed for prospective joint venture

Peru: - Option agreement to acquire partner's 50% interest extended until September 2007

Bulgaria: - Asia Gold withdraw from joint venture agreement leaving CMR with 100% control

Colin Andrew, Managing Director of Cambridge Mineral Resources plc, commented:

"During 2006 the Company was refocused and moved decisively towards its goal of becoming a significant producer of precious metals. We have continued to build on that progress in 2007 and our initial production from Colombia is on schedule for later this year, with annual gold production from Quintana increasing to 15,000ozs by 2010.

In Colombia CMR is already a gold producer through its extensive mine development activities and once our first processing plant is constructed and commissioned the stockpiled ore will form a key part of the initial gold production and revenue. It remains CMR's objective, in Colombia, to build a portfolio of gold mines generating a combined annual output of over 100,000ozs, serviced by centralised processing facilities to maximize profitability, and considerable progress has been made towards achieving this."

[boilerboy] 15/6/2007 00:02

EBTM could easily be the next Asos. It wont be a 10 bagger this year but i predict it will be within 2-3 years.

[roverisback] 10/6/2007 09:32

who needs words just DYOFR

[holdontightuk] 10/6/2007 09:29

Pacific North West Capital Goes Back To Its Roots
May 16, 2007


By Minesite Canadian Correspondent

Harry Barr and his team at Canadian listed Pacific North West Capital are making an aggressive push to add value beyond its 50 per cent stake in a plus 1 million ounce palladium resource at the River Valley project and investors are starting to take notice.


Never one to shy away from an emerging area play, Harry's latest move has Pacific North West picking up a number of new nickel projects in and around the Winter Lake area of Canada's Northwest Territories. This is the region that sparked a lot of investor interest last month when fellow junior GGL Diamonds reported that it had found nickel, while exploring for diamonds. Yes, reminiscent of the gigantic Voiseys' Bay nickel find by Diamond Fields in the 1990s. The news caused GGL stock to soar from C$0.13 per share to an intraday high of C$1.50. Of course, common sense has since prevailed and GGL shares now fetch around C$0.53. That said, the very early staged discovery of nickel mineralization grading only 0.4% lies within an extensive belt of rocks previously identified by a mapping project funded by the Geological Survey of Canada and reported as having the potential for hosting magmatic nickel mineralization.


The belt, named the Winter Lake Supracrustal Belt, includes large volumes of mafic and ultramafic rocks, dated as being 2.7 billion years old and including tholeiitic basalts, komatiites, serpentinized peridotite, and gabbro intrusions. In other words, the same age and same types as many of the world's sulphide nickel resources including Thompson Nickel Belt of Manitoba, the Raglan belt in northernmost Quebec, the Kambalda deposit in Western Australia, and Hunter's Road in Zimbabwe.


"GGL's technical team should be credited with identifying what may be one of the first new nickel areas since the discovery of Voisey's Bay," says Harry. "Management is excited about being involved in the beginning of what appears to be one of the first new base metal staking rushes in recent times in the North West Territories."


Pacific North West is now just finalizing its budget for the project, which is expected to include airborne and ground geophysical surveys aimed at defining potential target areas for nickel mineralization. Just as importantly for shareholders, Pacific North West is positioned should the area really heat up this summer.


A much shorter match stick to potentially light a fire under Pacific North West's share price is a 2,000 metre drill program now underway on the West Timmins nickel project. The company's partner on the project, Xstrata Nickel recently completed deep drill testing it's adjoining Montcalm mine property, which hosts an estimated 4.2 million tonnes grading 1.45% nickel and 0.69% copper are in the measured category and are expected to support a mine life of approximately 8.5 years. The drill program with test geophysical conductors to depths of 200 metres south of the Montcalm Mine claims. Pacific North West can earn 100 per cent of the project by spending C$4 million over a 4 year period but Xstrata retains a 2% net smelter royalty and also has the right to earn back a 65 per cent stake, by either completing a feasibility study or spending $20 million on a feasibility study, whichever occurs first. So if lightening strikes, the major is covered.


News is also starting to flow from Pacific North West's platinum reconnaissance program in Quebec. Last year, Pacific North West teamed up with SOQUEM, a subsidiary of Société Générale de Financement du Québec, to identify and explore for platinum properties in the province. Work on the Taureau Project identify PGM mineralization in mafic intrusive bodies with two samples returning assays averaging 1.17grams palladium per tonne, 0.14 gram platinum per tonne, 0.29gram gold per tonne, 1.62% copper and 0.35% nickel. Clearly early days but a nice start. According to Harry; "Our partnership with SOQUEM is advancing on schedule. Grassroots exploration conducted in 2006 should provide us with drill ready targets over the next few months. The technical expertise of our partner SOQUEM is unmatched."


While this new exploration activity has prompting renewed interest from investors, Pacific North West Capital in partnership with Anglo Platinum is not about to back away from their flagship River Valley project in Ontario. Little wonder given that Anglo has already committed over C$19 million and can take its interest up to 60 per cent by providing a feasibility study and earn an additional 5 per cent by providing production financing.


It is not that River Valley has failed to deliver results over the years; it is just that investors have grown impatient. Last year's Phase 9A program cut a new style of PGM mineralization, the type comparable to the Bushveld Complex of Southern Africa. This kept Anglo in the hunt and also attracted the interest of Stillwater Mining, the largest primary producer of platinum group metals outside South Africa and Russia. Stillwater invested C$2 million in Pacific North West. But after nearly a decade of exploration results out of River Valley without news of mine development, shareholders just yawned at the recent developments. Still with a current measured and indicated resources marking 953,900 ounces of palladium, 329,500 ounces of platinum and 59,500 ounces of gold, one good drill hole could well put the play back on the map of investors.


For its part, Stillwater has gone on to ink a deal on Pacific North West's Goodnews Bay platinum project in Alaska and the producer will also fund reconnaissance on Pacific North West's other Alaskan projects. To earn an initial 50 per cent, Stillwater must fund US$4 million in exploration.
All this action is reminiscent of Pacific North West's early days when the company used top notch technical expertise to uncover hidden gems and then farm them up to bigger companies with deeper pockets. After all that is how River Valley started and the initial results made Pacific North West a market darling, albeit only for a short period of time. Some investors are already taking notice of the similarities as shares in the company have hit 52-week highs of C$0.52, up from C$0.27 at the start of the year. Pacific North West says that it committed to acquire new PGM and base metal projects, as well as working up the current ones. The promise of diversified news flow makes Pacific North West a company well worth watching in the second half of 2007.

[thetworonnies] 09/6/2007 18:20

From the COP thread

Here is the full article taken from the Irish Times -----

Exploration company Circle Oil has raised a $30 million convertible loan woth Kuwaiti group KGL Petroleum, money which will be used to part fund its drilling programme in Tunisia and Morocco.
The KGL loan has an attached option under which the group can subscribe for an additional 15 million Circle Oil shares at a price of 50p per shares excersisable during the first three years of the loan. Such a mechanism would enable Circle Oil to raise a further $15 million from KGL, whose upfront loan is for five years and convertible into ordinary shares at an excersise price of 25p per share. The loan carries a 6 per cent coupon.
KGL has gas and oil investments in upstream, midstream and downstream sectors. The group, whose parent Kuwait and Gulf link Transport Company is involved in the transportation sector, aims to be a leader in the energy sector both locally and globally.
Among other activities, the parent has operations in port management, real estate, passenger transport services, stevedoring, waste management and shipping agency rental. The KGL agreement forms part of a three-year funding programme at Circle to cover the development cost of its commercial discoveries.
Circle and KGL are jointly examining the possibility of working together on a number of other projects. In addition, Circle is finalising the partcipation of a number of additional institutional investors and banks in a financing round in which it could raise a further $45 million.
The company has cash of some $10 million and the KGL facilities together with the financing under negotiation would bring to some $100 million the money at the companys disposal.
Circle is drilling a minimum of nine wells on its Moroccan and Tunisian licences to the middle of 2009, together with all ancillary seismic and technical studies.
The company is seeking gas at its Moroccan prospects, which are in the Rharb basin inland from Rabat.
The company also has projects in Namibia, Oman and Panama. Listed on the AIM market since October 2004, the companys strategy is to locate and secure licences in new hydrocarbon provinces and through targeted investment programmes. It is believed that Circle's contarct with KGL was signed yesterday with a Luxembourg-registered subsidary of the Kuwaiti group.

That's it ---- should be an exciting week ahead. Looks like we have jumped up a few notches in the league table. Any guesses what this will do for the SP?? :-)))))

[thetworonnies] 09/6/2007 17:50

thefruits - 9 Jun'07 - 12:30 - 80677 of 80681


mclellan....

I think you're still in COP... looks like it will be an interesting Monday...

Mike111D - 9 Jun'07 - 12:02 - 2114 of 2114


From the KGL website. Looks like we could indeed be on our way now:

Exploration and Production.
E&P is one of the main and vital activities of KGL Petroleum. The company is now n the process of buying an influential proportion in Circle Oil. Circle Oil is listed in London Stock Exchange and has exploration areas in Morocco, Oman, Tunisia, Namibia and Panama.



TF

[thetworonnies] 09/6/2007 09:40

AIM listed TomCo Energy PLC/TOM

Howard Crosby, CEO of TomCo commented: 'The acquisitions of these leases are
further examples of our unfolding strategy and come through our contacts built
up during our tenure at another US listed oil exploration and production
company. We are looking at a large number of opportunities and we look forward
to further announcements in the near term.'



gregord - 27 May'07 - 09:53 - 4855 of 4883


You don't need to read between the lines, it's there in black and white!

"unfolding strategy"
"a large number of opportunities"
"further announcements in the near term"

Very exciting.




Getting very tempted to join in at the next Cadence Resources namely TomCo Energy....



Reckon that as soon as the 4p to 5p consolidation range is done with TOM will hit 10p in double quick time....

[tippingpoint] 08/6/2007 23:43

- Ok, here is another tiddler, overlooked and forelorn.....

- £4.5mn market cap with £2mn in cash and a clutch of projects in South America, namely, Ecuador, Chile and Argentina

- Driven by a stated desire to find resources but forming JVs all the time so that larger partners are lined up to develop the mine

- Have JVs with IAMGOLD, ANGLO AMERICAN, DYNASTY and APEX SILVER.

- Are going for high grade, low cost resources - therefore high risk but the reward is massive if the find a decent resource (look at Aurelian.co.uk and see their 30cents to $40 (canadian) story. ie £1,000 invested at 30cents became £133,000 in less than a year - who knows with some good intersections could happen here

- Exploration moving forward at pace. A ruck of drilling taking place Q2 and results due shortly

- Some of the gold and base metal results to date are startling. For a start have a look at the annual report and read through the projects you will see what I mean (42g/t, fabulous panned gold results)

- operating very carefully to deal with geopolitical issues. Very strongly community focussed, building very strong relationships with local communities.

- operating in mining friendly areas in Argentina (where open pit mining allowed)

- hugely experienced management team, with new board member added recently

- management team and certain employees incentivised with share options

- only 12% of shares in clear free float due to institutional/management holdings

Here is a new thread:

[holdontightuk] 06/6/2007 09:37

PFN.TO up 40% since I wrote 2 days ago.....still only makt cap of £16 million and only 45 mill ish shares.......this could so easily 10 bag from current levels never mind from where we were 2 days ago....compare with FRZ.to.....went from similar level of 50c to over $40....when these canadian juniors move, they REALLY move.

If just ONE of PFN.to projects come off, then that alone would 10-bag it.....but management are skilled enough and the partnerships they have are big enough, for them all to come off.....

Furthermore, 50c was resistance for last 5 years......even during bull of last 5 years, this remained static.....only NOW is the story catching on.....

I see $1.50 by end June, at least

[thetworonnies] 06/6/2007 08:20

You like our share tips don't you mixitup12? Namely AFD, WAD, PET, EO., HAWK and TOM to name but a few....well keep your ayes on an old dog that is about to lose it's fleas namely CMR!

[thetworonnies] 04/6/2007 09:50

Cambridge Mineral Re Cambridge Mineral sees Quintana gold, silver output rising within 36 months


LONDON (Thomson Financial) - Cambridge Mineral Resources PLC said it expects
planned annual production from the Quintana mine in Colombia to rise to around
15,500 ozs of gold and 6,500 ozs of silver within 36 months, and added that
studies have assayed gold grades as high as 150 grams per tonne.
The company said additional reserves and resources are expected to be
defined by future mining and surface drilling along strike from and below the
current resource.
"... we believe these results are indicative of those to be expected with
our future mines. We have acquired eight mines to date, are actively reviewing
other opportunities and have also been granted several exploration permits,"
said managing director Colin Andrew.
These results are part of an in-house feasibility study which has been
independently verified, Cambridge said.

[holdontightuk] 04/6/2007 09:23

How about an international stock? Pacific Northwest Securities (PFN.TO).....SEE THE PFN THREAD ON ADVFN

[thetworonnies] 04/6/2007 09:10

TOM

Tomco Energy Investment in Oil Well


RNS Number:6790X
TomCo Energy PLC
04 June 2007

TomCo Energy Plc
("TomCo" or "the Company")

Acquisition of an Interest in an Oil Lease in Lane County, Kansas

TomCo today announces that it has acquired a 15 per cent. working interest in an
oil lease, the JELP 111 lease ("JELP") in Lane County, Kansas, comprising
approximately 400 acres. The interest in the lease was acquired in a private
sale for a total cash consideration of $30,000.

It is intended that the initial well will commence drilling within 60 days, to a
projected depth sufficient to adequately test the Lansing-Kansas City "M" Zone
Formation at approximately 4320 feet measured depth. There will be opportunities
to drill up to 3 offsetting wells, if the initial well is commercially successful,
with SEDONA Oil & Gas Corporation acting as the operator. TomCo has a 15 per
cent. interest in the 80 per cent. net revenue interest after landowner
royalties.

Based upon offsetting oil production from the targeted reservoir, the Company
considers the wells proposed as low risk locations, with anticipated initial
production rates of 20 barrels per day per well if successful.

For more information contact:

TomCo Energy Plc Tel: [phone]
Howard Crosby

Strand Partners Limited Tel: [phone]
Simon Raggett
Warren Pearce
Thomas Lockyer

Bankside Consultants Tel: [phone]
Simon Rothschild
Louise Mason

Notes:

TomCo is an AIM listed company which continues to actively develop a
conventional oil production profile in the South-Western United States. The
Company also owns leases on approximately 3000 acres of shale oil holdings in
Utah, estimated by SRK (an independent firm of mining consultants) to contain
some 230 million barrels of oil.

This announcement has been reviewed by Lucius C Geer, a qualified person for the
purposes of the AIM Rules. Mr Geer is a long time member of The Society of
Independent Professional Earth Sciences (SIPES), and is the senior partner of
Lucius C Geer & Associates, an independent firm of consulting geologists and
geophysicists based in Houston, Texas



This information is provided by RNS
The company news service from the London Stock Exchange

[egoi] 04/6/2007 09:05

Just seen the thread, interesting. Not read it all so sorry if already mentioned. Actually perhaps Avation on Plus can claim to be the year's first ten bagger, or one of the first.
Eyeconomy might be next.

[thetworonnies] 04/6/2007 08:50

TOM

Howard Crosby, CEO of TomCo commented: 'The acquisitions of these leases are
further examples of our unfolding strategy and come through our contacts built
up during our tenure at another US listed oil exploration and production
company. We are looking at a large number of opportunities and we look forward
to further announcements in the near term.'



gregord - 27 May'07 - 09:53 - 4855 of 4883


You don't need to read between the lines, it's there in black and white!

"unfolding strategy"
"a large number of opportunities"
"further announcements in the near term"

Very exciting.




Getting very tempted to join in at the next Cadence Resources namely TomCo Energy....



Reckon that as soon as the 4p to 5p consolidation range is done with TOM will hit 10p in double quick time....