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Fronteer Gold Inc (AMEX: FRG) recently reported that drilling to the northeast of the current resource area at Long Canyon continues to return broad intervals of high-grade oxide gold. The Nevada gold deposit is now 2.7-km long and remains open for expansion.
Last Trade: $6.00
Change: Up 0.04 (0.67%)
Day’s Range: 5.85 - 6.03
For more information about this company please visit http://www.fronteergold.com
Gold American Mining Corp. (SILA.OB) is a development stage company and is focusing on acquisitions of profitable mineral reserves and precious metal properties. Its Guadalupe property consists of highly regarded historical mines. These mines are located in Mexico’s oldest mining areas which are located around 5 miles of the Fresnillo Mine which is regarded as the world’s richest underground silver mine managed and operated by Fresnillo plc.
Furthermore, almost 6.8 miles to the southwest of the Guadalupe property is the world’s highest grade undeveloped silver reserve which is operated in a joint venture between MAG Silver Corp and Fresnillo plc.
SILA Guadalupe property consists of more than 20 operational and two historic mines by the name of Santa Rita and San Antonio which had produced to their optimum level between 1910 and 1920 and last produced in the 1980s.
The Company has initiated a comprehensive exploration program for its Guadalupe property including magnetic and induced polarization surveys. Finding better than expected results Gold American decided to increase the geophysics program to cover more areas of the property.
“During this new phase of exploration, we have been able to expand significantly our knowledge of the property and we are very excited about the progress. We still need to further review and analyze the data obtained to incorporate it into our geological model of the property and design the best drilling program to test it; the historical data acquired is consistent with the high-grade silver results found during our initial work program,” stated Johannes Petersen, President of Gold American.
Last Trade: $0.90
Change: Up 0.05 (5.88%)
Day’s Range: 0.81 - 0.98
For more information about this company please visit http://www.gold-american.com/
Goldcorp, Inc. (NYSE: GG) recenty agreed to support the proposed transaction whereby Thompson Creek Metals Inc. (“Thompson Creek”) will acquire all of the outstanding common and preferred shares of Terrane Metals Corp. (“Terrane”).
Goldcorp, Inc. controls 58% of the outstanding shares of Terrane through its ownership of 240 million preferred shares and 27.3 million common shares. In conjunction with the Thompson Creek acquisition of Terrane, Goldcorp has agreed to vote its securities in support of the Thompson Creek acquisition. Upon completion of the transaction,
GG will receive proceeds of C$240.5 million in cash and 13.9 million Thompson Creek common shares representing approximately 8% of the outstanding shares.
Last Trade: $39.14
Change: Up 0.38 (0.98%)
Day’s Range: 38.57 - 39.36
For more information about this company please visit http://www.goldcorp.com/
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Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more). Rule 17B of the Securities Act of 1933 requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings, Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings, Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings, Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.Crown Equity Holdings, Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (7) days of advertising for Gold American Mining Corp (SILA.OB)
The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings, Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone.
SILAcrweselect0730
Newmont Mining Corp. (NYSE: NEM) recently reported second quarter adjusted net income of $377 million ($0.77 per share) compared to $211 million ($0.43 per share) in the prior year quarter. Net income attributable to Newmont stockholders was $382 million ($0.78 per share) compared to $162 million ($0.33 per share) in the second quarter of 2009.
In addition, NEM recently reported that its Board of Directors approved an increase in the Company’s regular quarterly dividend from $0.10 per share of common stock to $0.15 per share of common stock, payable on September 29, 2010 to holders of record at the close of business on September 8, 2010.
Last Trade: $55.90
Change: Up 0.18 (0.32%)
Day’s Range: 55.23 - 56.25
For more information about this company please visit http://www.newmont.com/
Gold American Mining Corp. (SILA.OB) is a development stage company and is focusing on acquisitions of profitable mineral reserves and precious metal properties. Its Guadalupe property consists of highly regarded historical mines. These mines are located in Mexico’s oldest mining areas which are located around 5 miles of the Fresnillo Mine which is regarded as the world’s richest underground silver mine managed and operated by Fresnillo plc.
Furthermore, almost 6.8 miles to the southwest of the Guadalupe property is the world’s highest grade undeveloped silver reserve which is operated in a joint venture between MAG Silver Corp and Fresnillo plc.
SILA Guadalupe property consists of more than 20 operational and two historic mines by the name of Santa Rita and San Antonio which had produced to their optimum level between 1910 and 1920 and last produced in the 1980s.
The Company has initiated a comprehensive exploration program for its Guadalupe property including magnetic and induced polarization surveys. Finding better than expected results Gold American decided to increase the geophysics program to cover more areas of the property.
“During this new phase of exploration, we have been able to expand significantly our knowledge of the property and we are very excited about the progress. We still need to further review and analyze the data obtained to incorporate it into our geological model of the property and design the best drilling program to test it; the historical data acquired is consistent with the high-grade silver results found during our initial work program,” stated Johannes Petersen, President of Gold American.
Last Trade: $0.90
Change: Up 0.05 (5.88%)
Day’s Range: 0.81 - 0.98
For more information about this company please visit http://www.gold-american.com/
Northgate Minerals Corp. (AMEX: NXG) recently reported that Hole YD10-198, located west of the Young-Davidson orebody, intersected 3.46 grams per tonne (g/t) gold over 79.5 metres (m) (estimated true thickness is 53.5m).
Ken Stowe, President and Chief Executive Officer, remarked, “Hole 198 is the most exciting hole we have drilled on the Young-Davidson property since hole 1B in 2006 and is a clear indication of the tremendous upside potential that exists to expand the currently known 2.8 million ounce reserve base. Since the discovery of the original Young-Davidson mine in the early 1900s, it has been postulated that the prospective ore hosting rocks should continue to the west beneath a thick sequence of younger cover rock. Hole 198 is the first tangible evidence that this is, in fact, the case. While the thickness and grade of this mineralized interval in the hole are extremely exciting, the real significance is that we have resolved the apparent fault offset that previously limited the western edge of the Young-Davidson deposit. In addition, we have a geophysical signature that appears to trace the key stratigraphy below the younger cover rocks for several kilometres to the west.”
Last Trade: $2.96
Change: Up 0.05 (1.72%)
Day’s Range: 2.89 - 2.98
For more information about this company please visit http://www.northgateexploration.ca
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Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more). Rule 17B of the Securities Act of 1933 requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings, Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings, Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings, Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.Crown Equity Holdings, Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (7) days of advertising for Gold American Mining Corp (SILA.OB)
The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings, Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone.
SILAcrweselect0730
A Commentary By Michael Barone
Republished with permission of Rasmussen Reports
http://www.rasmussenreports.com/public_content/political_commentary/commentary_by_michael_barone/house_democrats_head_for_a_thumping_at_the_polls
Thursday, July 29, 2010
Democratic spin doctors have set out how their side is going to hold onto a majority in the House. They’ll capture four at-risk Republican seats, hold half of the next 30 or so Democratic at-risk seats, and avoid significant losses on target seats lower on the list.
That’s one plausible scenario. The shift of opinion away from Democrats so evident in the polls could turn out to be illusory. The widely held assumption that Republicans will turn out in greater numbers than Democrats could prove wrong.
Democratic candidates do indeed have a money advantage in many close races, and their campaign committee has more cash than its Republican counterpart.
All that said, this Democratic spin sounds a lot like the Republican spin back in the 2006 cycle. If the numbers don’t change too much from 2004, Republicans said then, we can hold on. If the numbers don’t change too much from 2008, Democrats think now, they can hold on.
But the Republicans, as George W. Bush said, took “a thumping” in 2006. And most signs suggest Democrats will take a thumping this year, too.
To see why, take a look at the generic ballot question: Which party’s candidate will you vote for in elections to the House? The current realclearpolitics.com average shows Republicans ahead by 45 percent to 41 percent. Ten of this month’s 15 opinion polls asking the question had Republicans ahead; Democrats led in four (twice by 1 percent), and one poll showed a tie.
Keep in mind that the generic ballot question historically has tended to under-predict Republican performance in off-year elections. Gallup has been asking the question since 1950 and has shown Republicans leading only in two cycles, 1994 and 2002, and then by less than the 7 and 5 points by which they won the popular vote for the House in those years.
So the Republicans’ current lead in the generic ballot question suggests they may be on the brink of doing better than in any election since 1946, when they won a 245-188 margin in the House — larger than any they’ve held ever since.
Another metric is daunting for Democrats. Polls in House races almost always show incumbents ahead of challengers, because incumbent members of Congress are usually much better known than their opponents. An incumbent running below 50 percent is considered potentially in trouble; an incumbent running behind a challenger is considered in deep doo-doo.
In 1994, I wrote an article in U.S. News & World Report arguing that there was a serious chance that Republicans could capture the 40 seats that they needed then, as now, for a majority in the House. It was the first mainstream media piece suggesting that, and it appeared on the newsstands on July 11.
I cited as evidence five polls showing incumbent Democratic congressmen trailing Republican challengers. None of those Democrats had scandal problems; all five lost in November.
Today, a lot more Democratic incumbents seem to be trailing Republican challengers in polls. Jim Geraghty of National Review Online has compiled a list of 13 Democratic incumbents trailing in polls released over the last seven weeks.
They’re from all over the country: one each from Arizona, Arkansas, Illinois, Mississippi, New Mexico, North Dakota, Ohio, South Dakota; two from Virginia; three from Pennsylvania. Most if not all of these incumbents are personally attractive, hardworking and ethically unsullied.
Some of these poll numbers are mind-boggling. Tom Perriello, a 727-vote winner in Virginia 5 in 2008, has been running two weeks of humorous ads showing what a hard worker he is. A poll shows him trailing Republican state Sen. Robert Hurt 58 percent to 35 percent.
In industrial Ohio 13, which Barack Obama carried 57 to 42, a poll shows incumbent Betty Sutton trailing free-spending Republican Tom Ganley 44 percent to 31 percent.
As Geraghty notes, we haven’t seen polls released by many other Democrats on Republican target lists. Most are conducting polls; many have reason to release favorable results if they’re available.
This looks like a case where the absence of evidence is evidence of absence.
Two years ago, Barack Obama was elected president with a historic 53 percent of the vote — more than any other Democrat in history except Andrew Jackson, Franklin Roosevelt and Lyndon Johnson.
These metrics — the generic ballot results and polls in individual districts — suggest that House Democrats are headed toward historic losses. Quite a swing in 18 months.
Michael Barone is senior political analyst for The Washington Examiner.
COPYRIGHT 2010 THE WASHINGTON EXAMINER
DISTRIBUTED BY CREATORS SYNDICATE INC.
Rasmussen Reports is an electronic media company specializing in the collection, publication and distribution of public opinion polling information. Scott Rasmussen, president of Rasmussen Reports, has been an independent pollster for more than a decade.
The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.
Gold American Mining Corp. (SILA.OB) recently entered into a $7.5 million equity financing agreement with a European institutional investment group that specializes in backing precious metals and mining ventures. SILA reported they received funds in the amount of $300,000 in virtue of this agreement and that SILA still has a balance of $7.2 million that SILA could call upon to fund their exploration and acquisition strategy. During 2010, SILA have received total equity subscription proceeds of $500,000.
The funding will be utilized by Gold American in its ongoing acquisition strategy and specifically in the further exploration and development of its existing Keeno Strike Property in Nevada, which could potentially contain ~1.1 million ounces of gold and ~69.0 million ounces of silver accessible via open-pit bulk handling methods, and its Guadalupe Property in Mexico, which is located approximately 5 miles north of the world’s richest underground silver mine, operated by the +$10 billion London Stock Exchange-traded company, Fresnillo plc.
Last Trade: 0.90
Change: Up 0.05 (5.88%)
Day’s Range: 0.81 - 0.98
For more information about this company please visit http://www.gold-american.com/
Barrick Gold Corporation (NYSE: ABX) vision is to be the world’s best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.
ABX recently reported Q2 net income rose 59% to a record $783 million ($0.79 per share). Adjusted Q2 net income rose 76% to $759 million ($0.77 per share) ompared to $431 million ($0.49 per share) in Q2 2009. Operating cash flow rose 42% to $1.02 billion from $718 million in the prior year period and exceeded $2 billion in the first half of 2010.
Also, ABX reported Q2 gold production of 1.94 million ounces at total cash costs of $457 per ounce or net cash costs of $358 per ounce, was ahead of plan on strong performance from the North and South America regions. Barrick remains on track with its original full year production guidance of 7.6-8.0 million ounces at total cash costs of $425-$455 per ounce or net cash costs of $345-$375 per ounce.
Last Trade: 41.10
Change: Up 0.56 (1.38%)
Day’s Range: 40.42 - 41.35
For more information about this company please visit http://www.barrick.com/
Kinross Gold Corporation (NYSE: KGC) recently reported that it has reached an agreement in principle with Harry Winston Diamond Corporation pursuant to which Kinross will sell its 22.5% interest in the partnership holding Harry Winston’s 40% interest in the Diavik Diamond Mines joint venture to Harry Winston for US$220 million, comprised of US$50 million cash, approximately 7.1 million Harry Winston common shares with a value of approximately US$100 million, and a note payable in the amount of US$70 million. The completion of the transaction is subject to execution of definitive binding documentation, as well as the approval of the boards of both Harry Winston and Kinross, the receipt of all required third party consents, the receipt of required regulatory approvals (including the approval of the Toronto Stock Exchange) and other customary conditions of closing.
Last Trade: 16.39
Change: Up 0.22 (1.36%)
Day’s Range: 16.18 - 16.48
For more information about this company please visit http://www.kinross.com/
CRWESelect, a stock highlight publication is pleased to alert investors of stocks on the move.
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Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more). Rule 17B of the Securities Act of 1933 requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings, Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings, Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings, Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.Crown Equity Holdings, Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (7) days of advertising for Gold American Mining Corp (SILA.OB)
The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings, Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone.
SILAcrweselect0730
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About Wellness International Network, Ltd. A privately held company specializing in health and nutritional products, Wellness International Network, Ltd. is headquartered in Plano, Texas, with its European affiliate, WIN Worldwide BV, located in Hoofddorp, Holland.
Disclaimer:
The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of Crown Equity Holdings or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company mentioned or referred to in the article.
