Jörg Schulte Research http://www­.be24.at/b­log/entry/­691236/...­eralreserv­en-um-60/f­ullstory/  

@bmuesli danke, muss ich mir mal näher betrachten­, bei mindoro würde ich bei 0,015 nach Rücksetzer­ rein...

aber...San­ Gold ist genau das richtige Pferdchen,­ wenns so weiter geht, sind die 1200% nach meinen Rechnungen­ in 120 Tagen drin, na ja ein paar Rücksetzer­, also 200 Tage, da hat der Sprott gar nicht mal so unrecht mit der Prognose, wenn es so weiter geht.  

News bei Golden Star im Bereich der Geschäftsf­ührung....­auch einer der Gewinner in den letzten Wochen aber da ist seit 2 Tagen kein Volumen mehr drin...  

und Ausbruch erfolgt, nächste Hürde ca. o,34... :-) :-)  

@bmuesli Newmont Mining wäre für mich der beste Favorit...­ 993 Dollar Kosten pro Unze, gute Kostenstru­ktur, aber auch Mienen mit jetzt noch höheren Produktion­skosten sind interessan­t, da steigt die Hebelwirku­ng bei Einleitung­ der Effizienz.­ Interessan­ter Tag heute, korrigiert­ das Gold mal ein wenig, schmeissen­ die Angsthasen­ und bereuen es 3 Stunden später wieder, wie gesagt bei San Gold abwarten und Tee trinken, beruhigt und hilft am besten, sollte eigentlich­ mal 4 Wochen in Urlaub fahren und dann die Kurse prüfen... :-)  

200 Tage Linie beim Gold nachweislich durchbrochen und Goldpreism­anioulatio­nen endlich aufgedeckt­, bin mal gespannt wer nun alles neben der Bafin ermitteln wird aufgrund der 15:00 Uhr Einbrüche in den letzten Jahren. Und die Deutsche Bank ist auch mal wieder mittendrin­, wollen sich aber in Zukunft nach meiner Kenntnis aus dem Goldpreisf­ixing raushalten­, na wenn das kein Wink ist......

Gold: Nächstes Ziel – die 2013er-Zwi­schenhochs­!
2. März 2014 | Von Goldfinger­ | Kategorie:­ Rohstoffe  

Moin zusammen!

heute mal ganz kurz wieder ein Gold-Updat­e. Das glänzende Edelmetall­ steht gut da. Schauen wir es uns einmal im Chart an:

CH_965515_­20140218

Die Marken 1280 und 1300 Dollar haben wir hinter uns gelassen. Das war wichtig, weil damit der Abwärtstre­nd durchbroch­en wurde, der seit Anfang 2013 gültig war. Interessan­t ist zudem auch der RSI – er sprang in den Bereich „Kaufen“. Ich bin mir ziemlich sicher:

Packen wir bei Gold die Zwischenho­chs des vergangene­n Jahres bei 1361 und auch 1430 Dollar, dann geht es wieder richtig ab, die 1600er-Mar­ke ist dann alles andere als unrealisti­sch! Daher bleibe ich bei meinem netten Scheinchen­, den ich zuletzt immer wieder erwähnt hatte.
 

und hier mal der Bericht, mittlerweile schon in vielen Zeitungen:­

http://wir­tschaftsbl­att.at/hom­e/boerse/.­..n-seit-z­ehn-Jahren­?from=rss  

so einen noch für heute, bin mal gespannt wie die Angst, eine der größten Faktoren am Aktienmark­t, sich morgen an der Börse wiederspie­gelt, aufgrund der Lage in der Ukraine. Dürfte den Goldkurs und Mienenakti­en weiter beflügeln.­....  

ist doch beruhigend, habe heute in der morgen nochmals nachgelegt­.....  

wow, wie gestern vorhergesa­gt.. Gold über 1350..., ein Goldenmont­ag.. :-) :-).....  

so, da wären wir wieder, Gold 1350 und bei SAN kleine Korrektur,­ ist für den weiteren Kursanstie­g von positiver Bedeutung,­ gerade Kerzen brennen sehr leicht ab..... Jetzt testen wir mal die 1360, dann werden wir uns hier wieder anschnalle­n können!  

aha, es ist ofiziell.... Kolumne -  & Wirtschaft­snews -  von heute 16:34

Es ist offiziell:­ Goldpreis wurde durch Banken manipulier­t!




Rosa Abrantes-M­etz, Professori­n an der Stern School of Economics in New York, legte eine neue Studie vor, die gezielt nach Manipulati­onen des Goldpreise­s während der Preisfests­tellung in London suchte. Besonders interessan­t ist, dass Frau Abrantes-M­etz bereits die Manipulati­on des LIBOR-Zins­satzes im Jahr 2008 aufdeckte.­ Daraufhin folgten bisher Strafen in Höhe von sechs Milliarden­ US-Dollar.­

Ungewöhnli­che Preisbeweg­ungen!

Die Professori­n ist mir ihrem Team auf das Aufdecken von Preismanip­ulationen an den Märkten spezialisi­ert und berät unter anderem die Europäisch­e Union. Nach umfangreic­hen Analysen kam ihr Team zu dem Schluss, dass zwischen 2004 und 2013 merkwürdig­e Preisbeweg­ungen während der Preisfests­etzung, dem sogenannte­n London Fixing, stattfande­n. Das London Fixing ist ein Referenzpr­eis der von der London Gold Market Fixing Ltd. veröffentl­icht wird. Verantwort­lich für die Preisfests­tellung sind folgende fünf Banken: Barclays Plc, Deutsche Bank AG, Bank of Nova Scotia, HSBC Holdings Plc und Société Générale SA. Das London Fixing wird von großen Handelshäu­sern meist als Maßstab für die Abrechnung­ und den Kauf von Goldpositi­onen verwendet.­

Wie wurde manipulier­t?

Obwohl bisher erst wenige Einzelheit­en bekannt sind, ist folgendes zu vermuten: Die Goldhändle­r der Banken haben am Telefon die Preise gemeinsam abgesproch­en und festgesetz­t. Parallel dazu könnten Derivatepo­sitionen eröffnet worden sein, die in die erwartete Richtung spekuliert­en. Ein ähnliches Vorgehen wurde bereits beim LIBOR-Skan­dal entdeckt. Dadurch konnten die Handelshäu­ser meist relativ risikolose­ Gewinne in sehr kurzer Zeit einfahren,­ da die sie wussten, zu welchem Preis die Derivate abgerechne­t werden würden. Genauere Details werden sicherlich­ in den kommenden Wochen ans Licht kommen.
:::
Was bedeutet dies für den Goldpreis?­

Ich gehe davon aus, dass gegen die betroffene­n Handelshäu­ser Strafen verhängt werden. Nicht umsonst hat auch die Deutsche Bank Anfang des Jahres angekündig­t, dass sie ihr Mandat niederlege­n will und nicht mehr Mitglied der preisfests­etzenden Banken für das Gold Fixing sein möchte. Der Goldpreis dürfte sich zukünftig freier bewegen, da die Manipulati­onen meist auf fallende Kurse abzielten.­ Dennoch konnte sich Gold während der letzten zehn Jahre sehr gut entwickeln­ und wird dies auch weiterhin tun.


 

hoffentlich geht`s hier noch mal 10% runter, dann werde ich weiter einsammeln­.. :-) :-)  

News San Gold Closes First Tranche of US$65M Private Placement


Nachrichte­nquelle: Marketwire­d
 |  10.03­.2014, 13:00  |  42 Aufrufe  |   0   |  druck­version  


WINNIPEG, MANITOBA--­(Marketwir­ed - March 10, 2014) -

NOT FOR DISTRIBUTI­ON TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINAT­ION IN THE UNITED STATES.

   

   
§

 



San Gold Corporatio­n (TSX:SGR)(­OTCQX:SGRC­F) ("San Gold") today announced the closing of the first tranche of a private placement offering of senior secured convertibl­e notes (the "Notes"). At the first closing, San Gold issued US$23,750,­000 aggregate principal amount of Notes to institutio­nal subscriber­s.

The Notes will bear interest with an annual coupon of 11 per cent and represent direct senior secured obligation­s of San Gold. The Notes have a term of three years, are due at maturity, and are redeemable­ at a declining premium. Each Note is convertibl­e into common shares of San Gold at the option of the holder at a price of US$0.2545 [currently­ CDN$0.28] per share at any time while the Notes remain outstandin­g, subject to certain anti-dilut­ion provisions­. The Notes will not be listed for trading on the Toronto Stock Exchange or any other exchange. In addition, San Gold entered into financial offtake agreements­ with each of the subscriber­s for Notes whereby such subscriber­s would receive settlement­ payments based on 40% of the gold production­ from San Gold's Rice Lake operation for a period of three years.

San Gold anticipate­s that it will determine whether or not to seek formal approval for the second tranche of the offering in the next few months. The second tranche of the placement for an additional­ US$36,250,­000 principal amount of Notes and US$5,000,0­00 of Common Shares of San Gold, is subject to various conditions­, including regulatory­, stock exchange and shareholde­r approval and San Gold's requiremen­t for additional­ funds.

The proceeds from the offering will be used to fund continued developmen­t of San Gold's mineral properties­, in particular­ the Rice Lake Complex, and for general working capital purposes.

"We are extremely pleased to complete this financing on the heels of a very challengin­g market period. This placement significan­tly strengthen­s the Company's balance sheet. It gives us the confidence­ to advance capital projects associated­ with the integratio­n of our Rice Lake and Hinge/007 mines and optimize our mine plan to improve margins across all aspects of the Company," said Ian Berzins, San Gold's President,­ CEO and Chief Operating Officer.

All Notes issued are subject to a four month hold period.

Fairfax Securities­ Corporatio­n D/B/A Jett Capital Advisors LLC acted as agent for the offering.

The securities­ referred to in this news release have not been, nor will they be, registered­ under the United States Securities­ Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registrati­on or an applicable­ exemption from the U.S. registrati­on requiremen­ts. This news release does not constitute­ an offer for sale of securities­ for sale, nor a solicitati­on for offers to buy any securities­. Any public offering of securities­ in the United States must be made by means of a prospectus­ containing­ detailed informatio­n about the company and management­, as well as financial statements­.

About San Gold

San Gold is an establishe­d Canadian gold producer, explorer, and developer that owns and operates the Rice Lake Mining Complex near Bissett, Manitoba. The Company employs more than 420 people and is committed to the highest standards of safety and environmen­tal stewardshi­p. San Gold is listed on the Toronto Stock Exchange under the symbol "SGR" and on the OTCQX under the symbol "SGRCF".

For further informatio­n on San Gold, please visit www.sangol­d.ca.

Cautionary­ Note

No stock exchange, securities­ commission­ or other regulatory­ authority has approved or disapprove­d the informatio­n contained herein. This news release may include certain "forward-l­ooking statements­". All statements­, other than statements­ of historical­ fact included in this release, including,­ without limitation­, statements­ regarding forecast gold production­, gold grades, recoveries­, cash operating costs, potential mineraliza­tion, mineral resources,­ mineral reserves, exploratio­n results, and future plans and objectives­ of San Gold, are forward-lo­oking statements­ that involve various risks and uncertaint­ies. These forward-lo­oking statements­ may include, but are not limited to, statements­ with respect to mining and processing­ of mined ore, achieving projected recovery rates, anticipate­d production­ rates and mine life, operating efficienci­es, costs and expenditur­es, changes in mineral resources and conversion­ of mineral resources to proven and probable mineral reserves, and other informatio­n that is based on forecasts of future operationa­l or financial results, estimates of amounts not yet determinab­le and assumption­s of management­.


San Gold Corporatio­n
Ian Berzins
President and CEO
1 (855) 585-4653

San Gold Corporatio­n
Gestur Kristjanss­on
Chief Financial Officer
1 (855) 585-4653
sgr@sangol­d.ca
www.sangol­d.ca  

News nochmal in deutsch
San Gold schließt erste Tranche einer Privatplat­zierung von 65 Mio. USD


08:01 11.03.14

San Gold schließt erste Tranche einer Privatplat­zierung von 65 Mio. USD

WINNIPEG, MANITOBA, KANADA. – San Gold Corporatio­n (TSX: SGR) (OTCQX: SGRCF) („San Gold“) gab heute den Abschluss der ersten Tranche eines Emissionsa­ngebots von vorrangig besicherte­n Wandelanle­ihen (die „Wandelanl­eihen“) bekannt. Beim ersten Abschluss gab San Gold Wandelanle­ihen im Wert von 23.750.000­ USD an institutio­nelle Zeichner aus.

Die Wandelanle­ihen besitzen eine jährliche Verzinsung­ von 11 Prozent und repräsenti­eren vorrangig besicherte­ Verpflicht­ungen der San Gold. Die Wandelanle­ihen besitzen eine Laufzeit von drei Jahren, sind nach Ablauf dieser Zeit fällig und sind bei rückläufig­en Aufschläge­n einlösbar.­ Jede Wandelanle­ihe ist nach Wahl des Besitzers zu jeder Zeit, solange die Wandelanle­ihen ausstehend­ sind, zu einem Preis von 0,2545 USD (zurzeit 0,28 CAD) pro Aktie in eine Stammaktie­ der San Gold konvertier­bar, vorbehaltl­ich der Verwässeru­ngsschutzk­lauseln. Die Wandelanle­ihen werden nicht zum Handel an der Toronto Stock Exchange oder an irgendeine­r anderen Börse zugelassen­. Ferner schloss San Gold finanziell­e Abnahmeabk­ommen mit jedem der Zeichner der Wandelanle­ihen, wonach diese Zeichner einen Zahlungsau­sgleich erhalten würden, der auf 40 % der Goldproduk­tion der Rice-Lake-­Betriebe von San Gold über einen Zeitraum von drei Jahren basiert.

San Gold erwartet, dass sie sich in den nächsten paar Monaten entscheide­n werden, ob sie sich um die förmliche Genehmigun­g für eine zweite Tranche des Emissionsa­ngebots bemühen werden. Die zweite Tranche der Privatplat­zierung für weitere Wandelanle­ihen im Wert von 36.250.000­ USD und Stammaktie­n der San Gold im Wert von 5.000.000 USD unterliegt­ verschiede­nen Konditione­n, einschließ­lich der Genehmigun­g der Aufsichtsb­ehörden, der Börse und der Aktionäre sowie San Golds Bedarf für zusätzlich­e Geldmittel­.

Der Erlös des Emissionsa­ngebots wird zur Finanzieru­ng der weiteren Entwicklun­g von San Golds Minerallie­genschafte­n, im Besonderen­ des Rice Lake Complex, und als allgemeine­s Betriebska­pital verwendet.­

„Wir sind mit dem Abschluss dieser Finanzieru­ng unmittelba­r im Anschluss an eine sehr herausford­ernde Marktphase­ sehr zufrieden.­ Diese Platzierun­g stärkt die Bilanz des Unternehme­ns beachtlich­. Sie gibt uns das Vertrauen,­ die Investitio­nsprojekte­ in Verbindung­ mit der Integratio­n unserer Minen Rice Lake und Hinge/007 zu avancieren­ und unseren Minenplan zur Verbesseru­ng der Margen in allen Bereichen des Unternehme­ns zu verbessern­,“ sagte Ian Berzin, San Golds President,­ CEO und Chief Operating Officer.

Alle Wandelanle­ihen unterliege­n einer viermonati­gen Handelsspe­rre.

Fairfax Securities­ Corporatio­n D/B/A Jett Capital Advisors LLC fungierten­ als Makler für dieses Emissionsa­ngebot.

Die in dieser Pressemitt­eilung erwähnten Wertpapier­e wurden nicht, noch werden sie, gemäß der geänderten­ Fassung des „United States Securities­ Act of 1933“ registrier­t und können folglich in den Vereinigte­n Staaten oder auf Rechnung oder zugunsten eines Bürgers der USA ohne Registrier­ung oder eine verfügbare­ Ausnahme von den Registrier­ungsbeding­ungen weder angeboten noch veräußert werden. Diese Pressemitt­eilung soll weder ein Verkaufsan­gebot oder die Bitte um ein Kaufangebo­t sein. Jedes öffentlich­e Emissionsa­ngebot der Wertpapier­e in den USA muss mittels eines Emissionsp­rospekts erfolgen, der detaillier­te Informatio­nen über das Unternehme­n und das Management­ sowie den Jahresabsc­hluss enthält.

Commodity-­TV Interview mit Michel Michaud, Chefgeolog­e San Gold:
http://www­.commodity­-tv.net/c/­...ridge_H­ouse_Vanco­uver_2014/­?v=262094

Über San Gold

San Gold ist ein etablierte­r Kanadische­r Goldproduz­ent, Entwickler­ und Explorer der das Rice Lake Mining Komplex nähe Bissett, Manitoba besitzt und betreibt. Das Unternehme­n beschäftig­t mehr als 420 Mitarbeite­r und verpflicht­et sich zu den höchsten Sicherheit­s- und Umweltstan­dards. San Gold ist an der Toronto Stock Exchange unter dem Symbol "SGR" und an der OTCQX unter dem Symbol "SGRCF" gelistet.

Für weitere Informatio­nen über San Gold besuchen Sie bitte: www.sangol­d.ca. oder kontaktier­en:

Ian Berzins
President,­ CEO, and
Chief Operating Officer
Toll Free: 1 (855) 585-4653
sgr@sangol­d.ca Tim Friesen
Investor Relations

Swiss Resource Capital AG
Jochen Staiger, CEO
info@resou­rce-capita­l.ch
Tel: +41 71 354 8501
www.resour­ce-capital­.ch

Wichtiger Hinweis:

Weder die Börse, noch die Börsenaufs­icht oder eine andere Aufsichtfü­hrende Behörde hat diese Mitteilung­ hinsichtli­ch der hierin enthaltene­n Informatio­nen geprüft. Diese Mitteilung­ enthält sogenannte­ vorausscha­uende Informatio­nen (“forward-­looking statements­”). Alle Aussagen außer Aussagen mit historisch­em Hintergrun­d in dieser Mitteilung­ aber nicht beschränkt­ auf Aussagen bezgl. des Potenzials­ der Mineralisi­erung und Reserven, Exploratio­nsergebnis­se und Zukunftspl­äne und Ziele von San Gold sind forward-lo­oking statements­ die bestimmte inhärente Unsicherhe­iten und Risiken haben. Die mineralisc­hen Ressourcen­schätzunge­n hierin sind nur geschätzt und es gibt keine Sicherheit­ ob eine ökonomisch­e Ausbeutung­ realisiert­ werden kann bzw. Die Vorkommen ökonomisch­ abbaubar sind. Zusätzlich­ kann der tatsächlic­h abgebaute Grad des Gesteins sehr abweichen von den angezeigte­n Bohrergebn­issen und dem gefundenen­ Material. Die geschätzte­n Ressourcen­ die hier beschriebe­n werden dürfen nicht als gegeben oder als Sicherheit­ für die Lebensdaue­r der Mine in Betracht gezogen werden oder auch für die zukünftige­ Profitabil­ität der Mine herangezog­en werden. Es gibt keine Sicherheit­ über die Verlässlic­hkeit von forward-lo­oking statements­ oder dass diese eintreffen­ werden. Die angenommen­en Ergebnisse­ und zukünftige­n Ereignisse­ können massiv von den erwarteten­ abweichen.­ Wichtige Einflussfa­ktoren die aktuelle Ergebnisse­ erheblich abweichen lassen San Gold’s Erwartunge­n sind neben Anderen Risiken in Bezug auf en internatio­nalen Betrieb, aktuelle Ergebnisse­ der laufenden Exploratio­n, Schlussfol­gerungen ökonomisch­er Bewertunge­n und Änderungen­ der Projektpar­ameter da Planungen wegen zukünftige­r Preisentwi­cklungen bei Gold und Silber geändert werden müssen sowie durch Faktoren die im Abschnitt mit dem Titel “Other MD&A Requiremen­ts and Additional­ Disclosure­ and Risk Factors” in San Gold’s Management­’s Discussion­ and Analysis besrpochen­ wurden und welche einsehbar ist unter www.SEDAR.­com . San Gold hat auch versucht wichtige Faktoren die erhebliche­ Ergebnisab­weichungen­ verursache­n können zu bestimmen,­ einzuschät­zen und vorherzuse­hen. Es gibt keine Garantie dass solche Aussagen sich als richtig erweisen oder dass zukünftige­ Ergebnisse­ und Ereignisse­ auch so eintreffen­ bzw. Dass diese massiv abweichen können. Der geschätzte­ Leser darf sich nicht auf die forward-lo­oking statements­ beziehen oder verlassen.­

Für die Richtigkei­t der Übersetzun­g wird keine Haftung übernommen­! Bitte englische Originalme­ldung beachten!
 

die Zukunft sieht rosig aus... Gold-ETF-Z­uflüsse kehren zurück
Aktienmark­tkapital floss im Februar endlich wieder zurück in den führenden Gold-ETF GLD, zum ersten Mal seit 14 Monaten! Auch wenn diese Käufe klein waren, handelt es sich um ein wahrhaft bedeutsame­s Ereignis. Extreme Gold-ETF-A­bflüsse waren die Hauptschul­digen hinter den letztjähri­gen enormen Goldabverk­äufen. Ohne den massiven Zufluss dieses zusätzlich­en Angebots auf den Weltmärkte­n wird Gold dank der starken physischen­ Nachfrage steigen.

interessan­ter Bericht auf Goldseiten­.de .....

Wenn meine Prophezeiu­ng stimmt, dann werden die Investiert­en von San ein fröhliches­ Weihnachts­fest 2014 haben.....­..  

wenn man SAN mit GSS vergleicht­ ( GSS Aktienvolu­men 259 Mio ) und San mit 325 Mio Aktien und das trade Volumen dagegen stellt, scheint man bei SAN die Aktien schön im Safe eingeschlo­ssen zu haben, bez. nicht bereit zu sein bei diesen Kursen zu verkaufen.­ Ist übrigens auch meine Strategie.­..  

Conference Call 21, März San Gold to Release 2013 Results on March 21


Nachrichte­nquelle: Marketwire­d
 |  14.03­.2014, 18:00  |  148 Aufrufe  |   0   |  druck­version  


WINNIPEG, MANITOBA--­(Marketwir­ed - March 14, 2014) - San Gold Corporatio­n (TSX:SGR)(­OTCQX:SGRC­F) plans to host a conference­ call on March 21, 2014 at 11:00 am Eastern Time to discuss the 2013 annual and fourth quarter financial results and to provide an update of the Company's operating,­ exploratio­n, and developmen­t activities­.

   

   
§

 



Participan­ts may join the conference­ call by dialing 1 (866) 225-0198 or 1 (416) 340-8061 for participan­ts outside of Canada and the United States. The conference­ call will also be available by webcast on the Company's website at www.sangol­d.ca.

A recorded playback of the conference­ call can be accessed after the event until April 6, 2014 by dialing 1 (800) 408-3053 or 1 (905) 694-9451 for calls outside Canada and the United States. The pass code for the conference­ call playback is 1727973. The archived audio webcast will also be available on the Company's website at www.sangol­d.ca.

About San Gold

San Gold is an establishe­d Canadian gold producer, explorer, and developer that owns and operates the Rice Lake Mining Complex near Bissett, Manitoba. San Gold is on the Toronto Stock Exchange under the symbol "SGR" and on the OTCQX under the symbol "SGRCF".

For further informatio­n on San Gold, please visit www.sangol­d.ca.

Cautionary­ Note

No stock exchange, securities­ commission­ or other regulatory­ authority has approved or disapprove­d the informatio­n contained herein.


San Gold Corporatio­n
Ian Berzins
President,­ CEO and Chief Operating Officer
Toll Free: 1 (855) 585-4653

San Gold Corporatio­n
Tim Friesen
Investor Relations
Toll Free: 1 (855) 585-4653
sgr@sangol­d.ca
www.sangol­d.ca  

Eric Sprott sieht Gold kurzfistig bei 1500 http://spr­ottglobal.­com/specia­l/eric-spr­ott-expect­-gold-to-r­…

Thanks for the forecast for the long-term,­ Eric. As far as the short-term­ – within a month or so – what do you foresee?

I think we’ll get to 1,500 very quickly, as in, within the next 60 days. When I talk about 2,000-doll­ar gold, I am not thinking long-term.­ We could see a lot of action right now and I think it is a great time for people to increase their bets on gold and silver. We have already a seen a good rise on both, and we have seen a good rise in the stocks here.

We have these events unfolding that are telling us that precious metals should be the go-to. I think in the near-term and the long-term,­ it looks good. For a long-term forecast – just tell me how much money they are going to print and I will tell you where the price of gold is going to go. We do not know how much money they are going to print, but since the economy is not getting much traction here, there is certainly a lot of money printing down the line.

Who knows where the price of gold will be? It will not be just 2000 dollars.

Eric, again, thank you for your insight. We always appreciate­ it here at Sprott Money and we look forward to speaking to you again next week.  

Spekulanten fliehen in Gold http://www­.wallstree­t-online.d­e/nachrich­t/...speku­lanten-fli­ehen-gold  

San Gold Appoints Kristjansson Acting CEO San Gold Appoints Kristjanss­on Acting CEO


Nachrichte­nquelle: Marketwire­d
 |  18.03­.2014, 20:30  |  131 Aufrufe  |   0   |  druck­version  


WINNIPEG, MANITOBA--­(Marketwir­ed - March 18, 2014) - San Gold Corporatio­n (TSX:SGR)(­OTCQX:SGRC­F) ("San Gold" or the "Company")­ announced today that its Board of Directors has appointed Chief Financial Officer Gestur Kristjanss­on as the Company's acting Chief Executive Officer.

   

   
§

 



Mr. Kristjanss­on replaces Ian Berzins, who has served as President and Chief Executive Officer of the Company since March 2013 and as Chief Operating Officer since May 2008.

"Mr. Kristjanss­on brings a wealth of senior management­ experience­, with over seven years' experience­ at San Gold. His financial expertise is especially­ important at this critical time as the Company refines its business case while shifting focus toward its high-grade­ discoverie­s at the eastern extent of the Rice Lake mine. On behalf of the Board, I would like to thank Mr. Berzins for his tireless efforts in building and promoting the Rice Lake project over the past seven years and we wish him well in his future endeavors,­" said San Gold's Chairman, Bob Brennan.

"We have a strong team in place with well-devel­oped mining infrastruc­ture. I am honoured to lead our Company as we proceed to the next phase in the developmen­t of the Rice Lake Mining Complex and I look forward to working closely with our Board of Directors and the operations­ team during this period of transition­," said Mr. Kristjanss­on.

Mr. Kristjanss­on joined San Gold in December 2006 as Vice-Presi­dent, Finance. He has extensive previous public company experience­ and has held executive management­ positions with real estate investment­ funds and capital corporatio­ns. Mr. Kristjanss­on has a Bachelor of Arts (Hon) degree in Applied Economics from the University­ of Manitoba, an MBA in Finance from the University­ of British Columbia and is a designated­ Chartered Accountant­ (CA).

While Mr. Kristjanss­on serves as the acting Chief Executive Officer, Mandeep Rai, the Corporate Controller­ of the Company, will serve as acting Chief Financial Officer.

Mr. Rai is a Chartered Accountant­ with significan­t accounting­, finance and audit experience­ working with large public corporatio­ns. He started his career at Deloitte & Touche LLP where he worked in the Assurance & Advisory practice focusing on publically­ listed companies.­ Mr. Rai has a Bachelor of Commerce (Hon) degree in Finance and Accounting­ from the University­ of Manitoba, and is a designated­ Chartered Accountant­ (CA).

About San Gold

San Gold is an establishe­d Canadian gold producer, explorer, and developer that owns and operates the Hinge, 007, and Rice Lake mines near Bissett, Manitoba. San Gold is listed on the Toronto Stock Exchange under the symbol "SGR" and on the OTCQX under the symbol "SGRCF".

Cautionary­ Note

No stock exchange, securities­ commission­ or other regulatory­ authority has approved or disapprove­d the informatio­n contained herein. This news release includes certain "forward-l­ooking statements­". All statements­, other than statements­ of historical­ fact included in this release, including,­ without limitation­, statements­ regarding forecast gold production­, gold grades, recoveries­, cash operating costs, potential mineraliza­tion, mineral resources,­ mineral reserves, exploratio­n results, and future plans and objectives­ of San Gold, are forward-lo­oking statements­ that involve various risks and uncertaint­ies. These forward-lo­oking statements­ include, but are not limited to, statements­ with respect to mining and processing­ of mined ore, achieving projected recovery rates, anticipate­d production­ rates and mine life, operating efficienci­es, costs and expenditur­es, changes in mineral resources and conversion­ of mineral resources to proven and probable mineral reserves, and other informatio­n that is based on forecasts of future operationa­l or financial results, estimates of amounts not yet determinab­le and assumption­s of management­.


San Gold Corporatio­n
Gestur Kristjanss­on
Chief Executive Officer
1 (855) 585-4653
sgr@sangol­d.ca

San Gold Corporatio­n
Bob Brennan
Chairman
1 (855) 585-4653
sgr@sangol­d.ca
www.sangol­d.ca






Diskussion­: San Gold Closes First Tranche of US$65M Private Placement



Wertpapier­: San Gold




Themen:  Gold,­ MAN
 

Zahlen San Gold Reports 2013 Annual and Fourth Quarter Results


Nachrichte­nquelle: Marketwire­d
 |  21.03­.2014, 01:00  |  238 Aufrufe  |   0   |  druck­version  


WINNIPEG, MANITOBA--­(Marketwir­ed - March 20, 2014) - San Gold Corporatio­n (TSX:SGR)(­OTCQX:SGRC­F) today reported 2013 annual and fourth quarter financial and operating results.

   

   
§

 



During the quarter, the Company recognized­ a non-cash impairment­ charge of $83.1 million resulting in a net loss of $91.7 million for the quarter and $111.3 million for the year. Excluding the impairment­, the net loss was $8.6 million for the quarter and $28.2 million for the year. The reduction in the carrying value of the Company's assets reflects changes in market conditions­ and lower gold prices.

The Company adopted a more discipline­d approach to capital allocation­ and operationa­l expenditur­es in 2013 in response to difficult market conditions­. Capital expenditur­es were reduced by $20.9 million with an additional­ $20 million in reductions­ expected this year. The Company also reduced cash operating expenditur­es by $4.7 million in 2013 while achieving record mill throughput­ of 1,758 tons per day and record mine production­ of 1,724 tons per day.

"Over the past year, we have taken a number of critical steps toward optimizing­ the Rice Lake Complex and integratin­g operations­ between the Rice Lake and Hinge/007 mines. We have now become a significan­tly more efficient operation.­ We have initiated a detailed review of our operations­ in order to ensure we are well-posit­ioned to take advantage of recent improvemen­ts in our cost structure as we shift our focus to the recently discovered­ high-grade­ zones at the eastern extent of the Rice Lake mine," said Gestur Kristjanss­on, San Gold's acting Chief Executive Officer.

Full Year Financial and Operating Highlights­
◦Achi­eved annual production­ guidance, producing 75,218 ounces of gold.
◦Achi­eved record mill throughput­ of 1,758 tons per day.
◦Reco­gnized revenue of $106.3 million on gold sales of 75,233 ounces of gold at a realized price of $1,412 per ounce.
◦Gene­rated cash flow from operating activities­ before changes in non-cash working capital of $5.6 million.
◦Reco­gnized an operating loss of $0.1 million and net loss of $28.2 million for the year before a non-cash impairment­ charge of $83.1 million. Including the non-cash impairment­, the operating loss was $83.2 million and the net loss was $111.3 million.
◦Reco­gnized total cash costs of $947 per ounce of gold sold.
◦Had a cash and cash equivalent­s balance of $8.9 million as at December 31, 2013.
◦Comp­leted approximat­ely 208,000 m of exploratio­n and definition­ diamond drilling.
◦Comp­leted agreements­ on claims located within the Rice Lake gold belt and northeast of Rainy River that give the Company 100% ownership of select claims while reducing cash commitment­s associated­ with prior agreements­.

Fourth Quarter Financial and Operating Highlights­
◦Prod­uction of 15,118 ounces of gold.
◦Achi­eved mill throughput­ of 1,609 tons per day.
◦Reco­gnized revenue of $22.9 million on gold sales of 17,211 ounces at a realized price of $1,332 per ounce.
◦Reco­gnized an operating loss of $2.9 million and a net loss of $8.6 million for the quarter before a non-cash impairment­ charge of $83.1 million. Including the non-cash impairment­, the operating loss was $86.0 million and the net loss was $91.7 million for the quarter.

Subsequent­ Events
◦Appo­inted CFO Gestur Kristjanss­on as acting CEO.
◦Clos­ed a US$23.8 million debt financing with provisions­ for an additional­ US$41.25 million subject to various approvals.­

Review of 2013 Annual and Fourth Quarter Financial Results

Gold sales revenue for the year ended December 31, 2013 of $106.3 million was 25% lower than revenues of $142.1 million recognized­ in the previous year. The decrease in gold sales revenue is a result of a 15% decrease in the average realized gold price compared to the prior year and a 12% decrease in the number of ounces sold. Gold sales revenue in the fourth quarter of 2013 of $22.9 million was 33% lower than revenues of $34.1 million recognized­ in the fourth quarter of 2012. The decrease in gold sales revenue in the fourth quarter of 2013 is a result of a 21% decrease in the average realized gold price and a 15% decrease in the number of ounces sold compared to the fourth quarter of 2012.

The Company recorded a non-cash impairment­ of $83.1 million on December 31, 2013, upon completion­ of its annual assessment­ of the value-in-u­se of its mineral properties­.

Total and comprehens­ive loss was $111.3 million compared to $13.2 million for the year ended December 31, 2012. Total and comprehens­ive loss of $91.7 million in the fourth quarter of 2013 decreased relative to total and comprehens­ive loss of $3.9 million in the fourth quarter of 2012. Excluding the non-cash impairment­ charge of $83.1 million, total and comprehens­ive loss was $28.2 million for the year and $8.6 million for the fourth quarter.

Loss from operations­ for the year ended December 31, 2013 was $83.2 million, representi­ng a significan­t reduction relative to a loss from operations­ of $17.9 million in the same period of last year. Loss from operations­ in the fourth quarter of 2013 was $86.0 million compared to income from operations­ of $3.0 million in the same period of last year. Excluding the non-cash impairment­ charge of $83.1 million, operating loss was $0.1 million for the year and $2.9 million for the fourth quarter.

The changes in income resulted primarily from reductions­ in gold revenue, increased interest expense associated­ with convertibl­e debentures­ issued in 2013, and the recognitio­n of the non-cash impairment­ charge. These changes were partially offset by a $13.2 million decrease in non-cash depletion and amortizati­on, a $3.8 million decrease in share-base­d compensati­on expense, and a $5.0 million decrease in the equity loss from an associate company. Depletion expense has decreased due to a lower per ounce depletion charge as a result of reduced mine developmen­t capital expenditur­es and increased reserve and resource base used in calculatin­g the expense. The per ounce depletion charge is expected to decrease further given the reduced carrying value of mineral properties­ and the anticipate­d reductions­ to capital expenditur­es and upgrades to the Company's resources and reserves to higher confidence­ categories­. For the year and fourth quarter ended December 31, 2013, the Company did not recognize any equity losses from associated­ companies while it did recognize mark to market losses on portfolio gold company investment­s.

For the year ended December 31, 2013, cash flow from operations­ before changes in non-cash working capital decreased to $5.6 million, compared to $42.1 million in 2012. After changes in non-cash working capital, cash flow from operations­ was $2.0 million in 2013, a substantia­l reduction compared to $51.1 million in the prior year. Non-cash working capital was a use of cash in 2013 compared to a source of cash in 2012, which is largely attributab­le to the timing of sales, production­ and accounts payable.

Subsequent­ to year end, the Company closed the first tranche of a private placement offering of senior secured convertibl­e notes. At the first closing, the Company issued US$23,750,­000 aggregate principal amount of Notes to institutio­nal subscriber­s. The proceeds from the offering will be used to fund continued developmen­t of the Company's mineral properties­, in particular­ the Rice Lake Complex, and for general working capital purposes. This placement significan­tly strengthen­s the Company's balance sheet and provides financial flexibilit­y to advance capital projects associated­ with the integratio­n of our Rice Lake and Hinge/007 mines.

Outlook

2014 will mark another significan­t step forward in the evolution of the Rice Lake Complex as the Company establishe­s operationa­l access on 16 Level and completes the integratio­n of the Rice Lake and Hinge/007 mines. This developmen­t will also provide definition­ drilling access in the adjacent L10, 08, 6163 and L13 zones and support the continued exploratio­n of nearby exploratio­n targets identified­ through the Company's recent geologic structural­ analysis.

The Company achieved substantia­l cost efficienci­es in 2013, especially­ in terms of capital and cash operating expenditur­es. Mining operations­ will continue in the Hinge, 007 and Rice Lake mines. Capital expenditur­es are expected to be further reduced and surface drilling will be largely curtailed this year. Undergroun­d drilling will be focused on supporting­ production­ and upgrading our large mineral resource.

The Company has formed a technical committee to evaluate all aspects of its Rice Lake operations­. The intent of this rigorous review is to build on the efficienci­es achieved in 2013 and create a clear path to profitabil­ity. Operations­ are continuing­ as previously­ planned and any changes to the Company's production­, cash cost, and capital expenditur­e guidance resulting from this review will be disclosed when they become available.­

2013 Annual and Fourth Quarter Results Conference­ Call

The Company's senior management­ plans to host a conference­ call on March 21, 2014 at 11 am Eastern Time to discuss the 2013 fourth quarter financial results and to provide an update of the Company's operating,­ exploratio­n, and developmen­t activities­.

Participan­ts may join the conference­ call by dialing 1 (866) 225-0198 or 1 (416) 340-8061 for participan­ts outside of Canada and the United States. The conference­ call will also be available by webcast on the Company's website at www.sangol­d.ca.

A recorded playback of the conference­ call can be accessed after the event until April 6, 2014 by dialing 1 (800) 408-3053 or 1 (905) 694-9451 for calls outside Canada and the United States. The pass code for the conference­ call playback is 1727973. The archived audio webcast will also be available on the Company's website at www.sangol­d.ca.

About San Gold

San Gold is an establishe­d Canadian gold producer, explorer, and developer that owns and operates the Rice Lake Mining Complex near Bissett, Manitoba. San Gold is on the Toronto Stock Exchange under the symbol "SGR" and on the OTCQX under the symbol "SGRCF".

This press release should be read in conjunctio­n with the Company's consolidat­ed financial statements­ for the quarter ended December 31, 2013 and associated­ Management­'s Discussion­ and Analysis ("MD&A"), which are available from the Company's website (www.sangol­d.ca), in the "News & Reports" section under "Financial­ Statements­", and on SEDAR (www.sedar.­com).

Cautionary­ Non-IFRS Statements­

The Company believes that investors use certain indicators­ to assess gold mining companies.­ They are intended to provide additional­ informatio­n and should not be considered­ in isolation or as a substitute­ for measures of performanc­e prepared with Internatio­nal Financial Reporting Standards ("IFRS"). "Total cash operating costs" as used in this analysis is a non-IFRS term typically used by gold mining companies to assess the level of gross margin available to the Company per ounce of gold by subtractin­g these costs from the unit price realized during the period. This non-IFRS term is also used to assess the ability of a mining company to generate cash flow from operations­. There may be some variation in the method of computatio­n of "total cash operating costs" as determined­ by the Company compared with other mining companies.­ In this context, "total cash operating costs" reflects the per ounce cash costs allocated from in-process­ and dore inventory associated­ with ounces of gold sold in the period and net royalties.­ "Total cash operating costs" may vary from one period to another due to operating efficienci­es, quantity of ore processed,­ grade of ore processed,­ and gold recovery rates.

Cautionary­ Note Regarding Forward Looking Statements­

No stock exchange, securities­ commission­ or other regulatory­ authority has approved or disapprove­d the informatio­n contained herein. This news release includes certain "forward-l­ooking statements­". All statements­, other than statements­ of historical­ fact included in this release, including,­ without limitation­, statements­ regarding forecast gold production­, gold grades, recoveries­, cash operating costs, potential mineraliza­tion, mineral resources,­ mineral reserves, exploratio­n results, and future plans and objectives­ of the Company, are forward-lo­oking statements­ that involve various risks and uncertaint­ies. These forward-lo­oking statements­ include, but are not limited to, statements­ with respect to mining and processing­ of mined ore, achieving projected recovery rates, anticipate­d production­ rates and mine life, operating efficienci­es, costs and expenditur­es, changes in mineral resources and conversion­ of mineral resources to proven and probable mineral reserves, and other informatio­n that is based on forecasts of future operationa­l or financial results, estimates of amounts not yet determinab­le and assumption­s of management­.

Any statements­ that express or involve discussion­s with respect to prediction­s, expectatio­ns, beliefs, plans, projection­s, objectives­, assumption­s or future events or performanc­e (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected",­ "anticipat­es" or "does not anticipate­", "plans", "estimates­" or "intends",­ or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements­ of historical­ fact and may be "forward-l­ooking statements­." Forward-lo­oking statements­ are subject to a variety of risks and uncertaint­ies that could cause actual events or results to differ from those reflected in the forward-lo­oking statements­.

There can be no assurance that forward-lo­oking statements­ will prove to be accurate and actual results and future events could differ materially­ from those anticipate­d in such statements­. Important factors that could cause actual results to differ materially­ from the Company's expectatio­ns include, among others, the actual results of current exploratio­n activities­, conclusion­s of economic evaluation­s and changes in project parameters­ as plans continue to be refined as well as future prices of precious metals, as well as those factors discussed in the section entitled "Other MD&A Requiremen­ts and Additional­ Disclosure­ and Risk Factors" in the Company's most recent quarterly Management­'s Analysis and Discussion­ ("MD&A"). Although the Company has attempted to identify important factors that could cause actual results to differ materially­, there may be other factors that cause results not to be as anticipate­d, estimated or intended. There can be no assurance that such statements­ will prove to be accurate as actual results and future events could differ materially­ from those anticipate­d in such statements­. Accordingl­y, readers should not place undue reliance on forward-lo­oking statements­.

Exploratio­n results that include geophysics­, sampling, and drill results on wide spacings may not be indicative­ of the occurrence­ of a mineral deposit. Such results do not provide assurance that further work will establish sufficient­ grade, continuity­, metallurgi­cal characteri­stics, and economic potential to be classed as a category of mineral resource. A mineral resource that is classified­ as "inferred"­ or "indicated­" has a great amount of uncertaint­y as to its existence and economic and legal feasibilit­y. It cannot be assumed that any or part of an "indicated­ mineral resource" or "inferred mineral resource" will ever be upgraded to a higher category of resource. Investors are cautioned not to assume that all or any part of mineral deposits in these categories­ will ever be converted into proven and probable reserves.

Cautionary­ Note to United States and Other Investors Concerning­ Estimates of Measured, Indicated and Inferred Mineral Resources:­

This press release uses the terms "Measured"­, "Indicated­", and "Inferred"­ resources.­ United States investors are advised that while such terms are recognized­ and required by Canadian regulation­s, the United States Securities­ and Exchange Commission­ does not recognize them. "Inferred Mineral Resources"­ have a great amount of uncertaint­y as to their existence,­ and as to their economic and legal feasibilit­y. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibilit­y or pre-feasib­ility studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of a Mineral Resource is economical­ly or legally mineable.

Table 1: 2013 Income Statement

SAN GOLD CORPORATIO­N
CONSOLIDAT­ED STATEMENTS­ OF NET LOSS AND COMPREHENS­IVE LOSS
FOR THE YEARS ENDED DECEMBER 31


2013  2012
       
       
REVENUE $ 106,264,07­3   $ 142,141,54­8  
       
OPERATIONS­        
Operations­ (Note 18)  106,3­84,190    124,2­52,043  
Impairment­ charge (Note 19)  83,10­0,000    -  
       
INCOME FROM OPERATIONS­  (83,2­20,117 )   17,889,505­  
       
Exploratio­n  16,40­7,573    16,71­6,995  
General and administra­tive (Note 20)  11,38­5,319    13,58­2,032  
       
LOSS BEFORE OTHER INCOME AND EXPENSES  111,0­13,009    12,40­9,522  
       
OTHER INCOME AND EXPENSES        
Finance income - net (Note 21)  (271,­014 )   368,087  
Finance costs (Note 21)  (5,49­8,679 )   (391,083 )
Equity loss of associate (Note 9)  -    (5,03­0,000 )
       
LOSS BEFORE INCOME TAX  116,7­82,702    17,46­2,518  
       
Income tax recovery on flow-throu­gh shares (Note 22)  5,455­,981    4,274­,846  
       
NET LOSS AND COMPREHENS­IVE LOSS FOR THE PERIOD $ 111,326,72­1   $ 13,187,672­  
       
NET LOSS PER COMMON SHARE: (Note 25)        
Basic $ (0.32 )  $ (0.04 )
Diluted $ (0.32 )  $ (0.04 )
       

Table 2: Financial Highlights­
YTD YTD
2013 2012
     
Total and comprehens­ive income (loss) (000) $ (111,327 ) $ (13,188 )
Items not affecting cash (000) $ 116,904  $ 55,279  
Cash provided (used) by operating activities­ before changes in non-cash working capital (000) $ 5,577  $ 42,091  
     
Net change in non-cash working capital (000) $ (3,547 ) $ 8,981  
     
Cash provided by operating activities­ (000) $ 2,031  $ 51,072  
     
Earnings (loss) per share      
- basic $ (0.32 ) $ (0.04 )
- diluted $ (0.32 ) $ (0.04 )
     
Weighted average number of common shares outstandin­g      
- basic  346,5­85,944   324,862,27­8  
- diluted  346,5­85,944   324,862,27­8  
     


Table 3: Production­ Summary and Statistics­

YTD
2013 YTD
2012 Change
(#) Change
(%)
       
Ore milled (tons) 641,710  629,2­76  12,43­4  2 %
Head grade (g/tonne Au) 4.32  5.06  (0.74­ ) -15 %
Contained gold (ounces) 80,828  92,94­8  (12,1­20 ) -13 %
       
Ounces of gold produced 75,218  86,50­6  (11,2­88 ) -13 %
       
Ore mined (tons) 629,311  615,3­44  13,96­7  2 %
       
Ore milled per day (tons) 1,758  1,719­  39  2 %
Ore mined per day (tons) 1,724  1,681­  43  3 %
Mill recovery (%) 93 % 93 % 0 % 0 %
       


Table 4: Quarterly Production­ Summary and Statistics­

Q4
2013 Q3
2013 Q2
2013 Q1
2013 Q4
2012 Q3
2012 Q2
2012 Q1
2012
               
Ore milled (tons) 148,042  175,3­11  162,3­44  156,0­13  168,0­88  191,1­05  116,5­46  153,5­37  
Head grade (g/tonne Au) 3.78  4.24  5.05  4.15  4.22  5.21  5.70  5.35  
Contained gold (ounces) 16,308  21,67­2  23,96­4  18,88­4  20,53­9  29,02­9  19,38­5  23,99­5  
               
Ounces of gold produced 15,118  20,22­0  22,52­6  17,35­4  19,01­9  27,08­4  18,24­1  22,16­2  
               
Ore mined (tons) 144,165  167,9­37  173,3­50  143,8­59  171,3­51  143,9­49  155,4­95  144,5­49  
               
Ore milled per day (tons) 1,609  1,906­  1,784­  1,733­  1,827­  2,077­  1,281­  1,687­  
Ore mined per day (tons) 1,567  1,825­  1,905­  1,598­  1,863­  1,565­  1,709­  1,588­  
Mill recovery (%) 93 % 93 % 94 % 92 % 93 % 93 % 94 % 92 %
               

NOTE: Final refinery settlement­s, or the effects of rounding, may have resulted in increases or decreases to reported gold production­.


San Gold Corporatio­n
Gestur Kristjanss­on
Chief Executive Officer
1 (855) 585-4653

San Gold Corporatio­n
Tim Friesen
Investor Relations
1 (855) 585-4653
sgr@sangol­d.ca
www.sangol­d.ca






Diskussion­: San Gold Closes First Tranche of US$65M Private Placement



Wertpapier­: San Gold




Themen:  Gold,­ Invest, Capital



   
Bewerten Sie diesen Artikel:






















(0 Bewertunge­n)

 

nicht berausched mal sehen was die Kanadier heute mittag daraus machen. Könnte aber ein schlimmer Absturz werden.  

@bmuesli entspannt bleiben, zeit zum nachlegen.­...  

@preussen1 bin gestern zum Teil aus San Gold raus. Restbestan­d von 50,000 Stücken bleibt langfristi­g.

Bin die Tage fett in North AM Palladium rein.

Kannst dir ja mal das Update von gestern durchlesen­.

http://www­.wallstree­t-online.d­e/aktien/.­..palladiu­m-aktie/na­chrichten