TTM +75 % in der KW 49
posted on Jan 10, 11 11:52AM
http://agoracom.com/ir/GoldenHope/forums/...minerals/messages/1493784
Vancouver-based Creston Moly has started discussions for potential offtake partnerships and financing for its large molybdenum project in Mexico which it hopes to put into production in 2013.
Speaking at Metal-Pages Cobalt, Molybdenum & Nickel Conference, the company's president Bruce McLeod said the company is also looking at ways to optimise the economics of the project, beyond the preliminary economic assessment (PEA) delivered in December 2010.
...
There is also potential for Chinese financing of moly projects, as seen in the investment by Hanlong Mining last year in Australia's Moly Mines, the owner of Spinifex Rige project.
"Hanlong style companies are there looking to invest. We're trying to better that transaction but there are other transactions that exist in in the market."
http://www.metal-pages.com/news/story/52309/
(Auszug)
Molybdenum roasted concentrate prices will average $21.75/lb in 2011, rising to $28.50/lb in 2012, according to projections by analysts at New York-based CPM Group. CPM Director of Research Catherine Virga made the forecast during a presentation to delegates at Metal-Pages' Cobalt, Molybdenum, Nickel 2011 conference at Glaziers Hall in London.
...
www.metal-pages.com/news/story/52294/
Bsewicht schrieb am 09.02.11 11:24:07
ein Beitrag aus meinem persönlichen thread - ich besitze die Aktie seit einigen Jahren als reine Gewinnposition (Ersteinlage habe ich bereits herausgenommen!)
TTM - auch hier könnte sich in den kommenden Monaten eine SKS Formation bilden!!
Der Bereich um 13 Cent bildet rechts die erste S - links hatten wir dieses Niveau nicht mehr erreicht - aber uns angenähert! Sollte die Zählung korrekt sein, so könnte sich bald eine starke Aufwärtsbewegung bilden
FAZIT: Kursziel längerfristig leigt eindeutig im Bereich von 2€!!
BSE
http://www.wallstreet-online.de/diskussion/...07-bewertung-aussichten
Allein mir fehlt der Glaube.
Gruss
RPM
Ich bin in die Aktie eingestiegen, weil die Jungs ein ordentliches Explorer Team sind.
Aber von der Finanzierung einer zu erstellenden Mine haben die Jungs null Ahnung.
Wenn die wirklich sich weiter an der Börse refinanzieren wollen, können die das bald bei 0,01 CAD je Anteilsschein machen. Keine Ahnung ob sich dann wieder Interessenten finden. Für eine Mio CAD 100 Mio Shares rausgeben. Das wird noch richtig geil! Die Führung soll Ihr Statement für die langfristigkeit des Besitzes refidieren, das Feld an die Minengesellschaften in der Gegend verkaufen und das Geld ausschütten.
Die Idis finden doch nie einen Geldgeber. Oder er steigt wie zu heutigen Kursen -30% je Share ein =,10 CAD je Share. Bei 900 Mio Dollar Mineninvestment wären das dann 9 000 000 000 Shares. Heißt die jetzigen Aktionäre wären mit satten 0,7 Prozent am Projekt beteiligt.
Gruss
RPM
Keine Handlungsempfehlung.
Ich habe eigentlich nichts interessantes (neues) gefunden.
Euer RPM
Hallo, wär hätte das gedacht. 0,13 $ Wie tief noch!!!
Hab Tom etliche Male angemailt, immer das Gleiche "arbeiten drann" Stellt man direktere Fragen = keine Anwort!
Hab nicht mehr viel Hoffnungen, dabei sah alles so gut aus.
Wahrscheinlich kümmert sich Clarke um andere Objekte.
Videomart, bist Du noch investiert?
TSX-V: TTQ
Frankfurt Stock Exchange Symbol: T2U
US Clearing Symbol: TTMRF
Issued and Outstanding: 60,437,513
VANCOUVER, Dec. 22, 2011 /CNW/ - TTM Resources Inc. ("TTM" or the "Company") held its Annual General Meeting on November 24, 2011 and all issues presented to the Shareholders were passed. The Board of Directors, consisting of W K Crichy Clarke, Terry Lyons, Richard Jordens, Robert Sibthorpe, Kevin Ogle, and Warren Robb were elected for a further one-year term and all Directors have agreed to continue their roles for the ensuing year. Financial Statements as presented were approved and the Company's Stock Option Plan was also approved for the coming year.
Drill Program
The Company undertook an exploratory reverse circulation drill program in an effort to test near surface mineralization in both the western and eastern pit zones. The program commenced in early November and was completed in mid-December. In total, 12 holes were drilled, six (6) in the west and six (6) in the east for a total of 1154.54 meters. All holes were sampled from top to bottom in 5-foot intervals. In total, 736 samples were collected and these are being analyzed at this time by AGAT Laboratories. Full results will be made available once management has received and reviewed them which should be sometime in early 2012. The Company intends to conduct "Pilot Plant" scale metallurgical test work in an effort to determine how to achieve an optimal final concentrate-grade product. The results of this test work will be released once completed and reviewed by management. Wesley Raven, P.Geo, Sr. Vice-President Exploration, supervised the program.
Non-Binding Letter of Intent
The Company has entered into a non-binding Letter of Intent with an unnamed company at this time. A confidentiality agreement was also executed. Both parties continue to work towards a more formal agreement and shareholders will be kept informed of any progress in this regard as both Companies move toward, and agree on, their defined roles.
About TTM Resources Inc.
TTM Resources Inc. is a Vancouver, British Columbia based Molybdenum Development and Exploration Company focused on the resource development of the Chu Molybdenum Project and two other molybdenum properties in British Columbia, Canada.
TTM RESOURCES INC.
"Crichy Clarke"
W.K. Crichy Clarke, President, CEO & Director
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION
This news release contains certain "forward-looking information" within the meaning of Canadian securities laws. Actual results may differ materially from those indicated by such forward-looking information. All information included herein, other than statements of historical fact, including, without limitation, information regarding future production, is considered forward-looking information and involves various risks and uncertainties. There can be no assurance that the forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
visit the Company's web site at www.ttmresources.ca, or contact:
Dear TTM Shareholders and TTM Website Followers:
It has been a while since we have updated you on our work programs and the status of some of our outstanding items. We have cut back our programs as a result of very tight money supply, but we are continuing to work in different aspects of our programs in order to move the project along. I will try to update you on every aspect of what we are doing.
1) Our last financings were all flow-through. While we may have an issue with CRA about the expenditures and whether or not they are considered “exploration” or “development” expenditures (which is something we are currently discussing with CRA), we have not issued any new stock. We sit at about 70 million shares out and, with the exception of Directors stock options, we have very few warrants left outstanding. So, we are pretty clean. We are surviving because we have rented out our camp to New Gold Inc. This nets us about $160,000 a month, and with an internal burn rate of about $40,000, we end up having a small amount left over which can be used to fund our minor programs. The rental to New Gold is a very fortunate circumstance for TTM. We have a secure lease agreement in place with them until at least the end of this year, and we anticipate it will go into 2013. We have also made arrangements that if we should need some space for our own programs, it is available. We do not have to stop our programs as a result of the lease.
2) I had contemplated the possibility of doing a rights issue in order to continue our geo-technical drill program. However, after discussions with Max Pinsky (TTM’s lawyer) and the Board of Directors, I think we will do it another way. Rights issues are very expensive and require a full prospectus, which of course makes it a lengthy and costly process. My intention was to give our shareholders an ability to participate in an inexpensive financing, if they wanted to, and to recognize the shareholder loyalty that does exist. I know that a number of the Directors have expressed an interest in subscribing for some of this, and, based on market expectations as they exist today, we would likely issue up to 10 million shares for gross proceeds of approximately $1 million. This would allow us to continue our programs on the geo-tech side and to continue to monitor existing baseline studies. Our view is that this would also allow us to be better prepared once the uncertainty is over. We will continue to work in areas that we think are important as we wait for a significant rebound in the commodity price.
3) It is interesting to look at the share price of other moly miners. Thompson Creek is at $3.25 this morning. That’s down from $17 a share this past year! Mercator Minerals is also trading down at $0.55 a share, which is down from about $4! All of the other juniors, like us, are also in the pennies. It is devastating and very difficult to understand and difficult to just sit back and wait patiently. We will wait, however, as we believe in our resource.
4) We had a good deal of interest from a few groups overseas. We are still in contact with them, although they are less keen to proceed right away since the current molybdenum price does not allow for a realistic business model. They are, however, being patient and continuing to keep in touch.
5) We have given Wes and Warren the go ahead to proceed with our Bulk sample. They have also been given a limited budget to do some work at Deeker Creek this summer. We will keep everyone informed of the results of the bulk test and the Deeker program.
6) At our last Directors meeting, which was an informal lunch with the purpose of providing a general update and talking about what to do with the Company if the price of molybdenum continues to stay low, we had a 2 hour discussion, led by Terry Lyons, on the state of the markets and where we saw them going. Yesterday, I had the President of another moly junior pay me a visit as he had been in Toronto talking with some Funds, and they shared the same opinion. They, and we, believe that the commodity market may be poised for a significant rise this Fall. Both Mr. Lyons and the Funds advise us to be patient and to be prepared for an interesting Fall. We will wait until then to decide on a financing. Fortunately - because of our camp rental - we can afford to wait.
7) Our work with First Nations is ongoing. We are making progress and we continue to move forward. It is very important to have the First Nations as our partners, and to stop the dialogue would be to take a step backwards. The First Nations agree.
Despite these trying times, we continue on our journey. The Directors are in agreement regarding our path and we continue, slowly, to move down it. We will keep the updates coming.
Thank you for your patience and faith. We will continue to keep you informed as we see the need. Enjoy the Summer! Fall is just around the corner and I can’t wait to see what it brings!! Thanks for your time and please feel free to call either myself or Tom at any time. I am still in the office by 6:15 every morning!!
Yours truly,
W.K. Crichy Clarke
President and CEO
Gruss RPM
Aber Kohle ist keine mehr da.
Schon übel wenn man 100 Mio Unzen Moly und ähnliches an Kupfer hat, aber nicht rankommt.
Meine Meinung
Gruss RPM
TSX-V: TTQ
Frankfurt Stock Exchange Symbol: T2U
US Clearing Symbol: TTMRF
Issued and Outstanding: 60,437,513
TTM Resources Inc. enters into Option Agreement with Redhill Resources Corp.
Vancouver, B.C., December 14, 2012 – TTM Resources Inc. (“TTM” or the “Company”) is pleased to announce that it has entered into a Mineral Property Option Agreement (the "Option Agreement") dated December 14, 2012 with Redhill Resources Corp. (“Redhill") whereby it has granted Redhill the option (the "Option") to acquire up to a 100% interest (subject to a 2.0% NSR granted to TTM) in three (3) mineral claims (the “Claims”). The Claims encompass a total of 1,874 hectares and are located approximately 100 kilometers southwest of Vanderhoof, British Columbia in the Nechako Plateau region. The Claims are situated adjacent to TTM’s Chu Project.
Terms of the Option Agreement
In order to exercise the Option, Redhill shall:
1. Make the following cash payments to the Company:
(a) $20,000 upon the execution of the Option Agreement (the "Payment Date");
(b) $20,000 on or before the first anniversary of the Payment Date; and
(c) $20,000 on or before the second anniversary of the Payment Date.
2. Issue and deliver to the Company:
(a) 100,000 common shares in the capital of Redhill on the dated that the Option Agreement is approved by the TSX-V (the “Approval Date”); and
(b) 100,000 common shares in the capital of Redhill on or before the first anniversary of the Approval Date.
In addition, Redhill has secured the option to purchase half of the NSR by making a payment to the Company in the amount of $500,000.
Mr. W.K. Crichy Clarke, the Company’s President and CEO, says: “TTM is pleased to enter into this agreement with Redhill. These claims are not deemed crucial to our plan for the tailings for the Chu and this will ensure that exploration continues in the area. We look forward to monitoring and participating in Redhill’s success.”
About TTM Resources Inc.
TTM Resources Inc. is a Vancouver, British Columbia based Molybdenum Development and Exploration Company focused on the resource development of the Chu Molybdenum Project and two other molybdenum properties in British Columbia, Canada.
TTM RESOURCES INC.
“Crichy Clarke”
W.K. Crichy Clarke, President, CEO & Director
Gruss RPM
http://ttmresources.ca/ttm-news/...xploration-program-at-deeker-creek