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New Dawn Increases Gold Production Capacity at Turk Mine in Zimbabwe by 45%

Posted by AGORACOM at 2:40 PM on Wednesday, November 18th, 2009

(ND:TSX)

With gold continuing to make new highs, companies like AGORACOM client New Dawn Mining are going to benefit, especially with news like this (see below).  As always, assume I am horribly conflicted by the fact that New Dawn Mining is an AGORACOM client and do your own due diligence.

To begin your DD, make sure to review my blog coverage of New Dawn Mining.

One thing is certain.  There is no escaping the fact that New Dawn is a real company with real gold production and real revenues.  In fact, the company has only served to increase production for 7 consecutive months now.  The fact that New Dawn can finance expansion of processing capacity from their own cash flows is proof positive of their success.

It’s up to you to decide what you are willing to pay for these fundamentals.

With respect to today’s press release, highlights include:

· Processing capacity at Turk Mine increased to 580 tonnes per day, a 45% increase from previous processing capacity of 400 tonnes per day

· Expansion of processing plant at Turk Mine fully funded from operating cash flows

· Installed production capacity at Turk Mine now at 22,000 to 23,000 ounces of gold per annum

Click on link below to read entire press release:

November 18, 2009 - New Dawn Increases Gold Production Capacity at Turk Mine in Zimbabwe by 45%

Link to Hub/ Link to Profile/ Link to Forum


Posted in All Recent Posts, Gold $1,000 | No Comments »

Summing up Gold In One Picture

Posted by AGORACOM at 1:52 PM on Wednesday, November 18th, 2009

Great shot.

Posted in All Recent Posts, Gold $1,000 | No Comments »

Melkior Resources Joins AGORACOM 100 With $3.3 Million And Key Northern Ontario Projects

Posted by AGORACOM at 10:38 AM on Tuesday, November 17th, 2009

I am pleased to announce that  Melkior Resources (MKR: TSXV) is the newest member of The AGORACOM 100.  With $3.3 million in the treasury and large holdings in McFaulds Lake and the Timmins Mining Camp, Melkior is AGORACOM 100 material.

In addition, the company has now commenced an online investor relations program, which speaks volumes about the company’s confidence. Why? When a company decides to make itself open and accessible to investors from around the world, you have to believe they are confident in their future and want to communicate accordingly.

As always, assume I am horribly conflicted by the fact Melkior is now a client of AGORACOM and do your own due diligence.  Here are some of the things we like about the company:

HIGHLIGHTS

Melkior is a Canadian resource exploration company with diversified properties with exposure to gold, base metals, and uranium, all located in the provinces of Ontario and Quebec. For investors concerned about geo-political risk in far away nations, Quebec and Ontario add a great deal of comfort.  Large land holdings in key exploration areas include McFaulds Lake and the prolific Timmins mining camp.

· Key gold exploration in the West Timmins discovery area

· In the past 3 years, more than 7541 metres of drilling has been conducted on the property by Melkior, with over 90% of the holes encountering gold.

· Drill cores intersected significant gold values including 60.27 g/t over 1.8 metres and 19.8 g/t over 3.3 metres. Grab samples assaying gold values of up to 843.7 g/t, 280.13 g/t and 245.03 g/t.

· Over 9000 hectares (90sq km) in Timmins – one of the largest land positions in West Timmins

· $3,300,000 in treasury


Recent News:

Melkior Starts 4000 Metres Drilling in Carscallen West Timmins
8:00 AM ET, November 17, 2009

Melkior Sampling Returns 13.75g/t Gold at Launay
8:00 AM ET, October 9, 2009

Melkior Resources: Full Profile
Melkior Resources: HUB
Melkior Resources: Shareholder Forum

Posted in AGORACOM Clients (New), All Recent Posts, Gold $1,000 | No Comments »

Fire River Gold Joins AGORACOM 100 With New TSX Venture Listing, 43-101 and Potential Gold, Copper, Silver Production

Posted by AGORACOM at 3:11 PM on Monday, November 16th, 2009

I am very pleased to announce that Fire River Gold Corp (FAU:TSXV) is the newest member of The AGORACOM 100 – and represents an extremely fresh opportunity for investors.  Why? The Company just listed on the TSX Venture Exchange on November 12 and has followed that up with an online investor relations program, which speaks volumes about the company’s confidence.  Why? When a company decides to make itself open and accessible to investors from around the world, you have to believe they are confident in their future and want to communicate accordingly.

As always, assume I am horribly conflicted by the fact that Fire River is an AGORACOM client and that we have participated in this private placement.  As such, do your own diligence, which I am going to kick start by giving you the following overview and bullet point highlights:

FAST OVERVIEW

Fire River Gold Corp. completed its IPO at the end of May 2009 and is the newest member of the International Metals Group, (www.internationalmetalsgroup.com) giving it access to a well established team with over 100 years of experience working in Alaska. The primary focus of FAU is the exploration and development of gold projects in North America. The recently acquired Nixon Fork Gold Mine in Alaska has the potential to be a near term gold producer.  If the company can realize this potential, their timing couldn’t be better with gold trading north of $1,140 as of the time of this post.

The Company is presently negotiating additional advanced stage gold projects in North America. Management’s objective is to make FAU a North American gold producer in the next 18 months.

PROPERTY HIGHLIGHTS

Nixon Fork Project:

  • Near Term Gold-Copper-Silver Producer
  • Fully Constructed 200+ tpd Mill
  • Permitted and Bonded
  • Turn-key Mining-Milling Operation
  • Mine Fully Permitted and Bonded
  • Significant Exploration Upside

Golden Zone Project:

  • NI 43-101 compliant mineral resource
    • 255,100 contained ounces of gold
    • 1.39 million ounces of silver
    • 7.29 million pounds of copper
  • 14 targets are identified
  • 2009 program in progress
  • Excellent infrastructure, road access to property, 12 miles from major highway and railroad, power nearby

Link to Hub / Link to Profile / Link to Forum

Regards,
George

Posted in 43-101's, AGORACOM Clients (New), All Recent Posts, Gold $1,000 | No Comments »

Goldcorp Acquisition of Canplats Resources Continues Pierre Lassonde’s Peanut Butter Manifesto

Posted by AGORACOM at 1:39 PM on Monday, November 16th, 2009

Back in April 2008, I posted a story titled:  3-Way Junior Mining Consolidation Is Pierre Lassonde’s “Peanut Butter Manifesto”

Let the fly by nights die, consolidate those with decent assets and let the superstars stand up on their own two feet.
Quality over Quantity folks. It is that simple.

If you’re asking what the heck does peanut butter have to do with the junior resources space, have a read of the post.  In the meantime, I’m pleased to see continued follow-through on my call for consolidation in the space.  Today, Goldcorp agreed to acquire Canplats Resources in a deal worth about $238 million.  This is great news for the space as it will surely lead to further money injected into juniors with highly prospective projects.  Ironically enough, the story contained a quote from Pierre Lassonde who seems to have his finger on the very pulse of this consolidation trend:

Bullion producers including Goldcorp and Barrick Gold Corp., the largest producer by market value, may attempt to take
over smaller companies in the next two months to boost output amid dwindling supplies and rising prices, Franco-Nevada
Corp. Chairman Pierre Lassonde said in an interview last week.

On that note, I can’t help but mention the fact this could not be better timing for the AGORACOM Online Gold & Commodities Conference.  Emphasis on the online element of the conference as it will allow investors from anywhere in the world to participate and connect with great companies and keynote speakers from their PC.  Click on the banner for full information … and yes, it is free to investors!

Regards,
George

Posted in All Recent Posts, Gold $1,000 | No Comments »

AGORACOM Capital Offers Private Placement Opportunity To Retail Investors

Posted by AGORACOM at 8:36 AM on Saturday, November 14th, 2009

I am once again proud to announce that AGORACOM is leading the way towards empowering retail investors by providing our members with the opportunity to participate in a private placement with Candente Gold Corp.

As always, assume I am horribly conflicted by the fact AGORACOM Capital, a wholly owned subsidiary of AGORACOM Investor Relations, has been retained by Candente Gold Corp. to assist them with their capital raising efforts.

We choose to make this opportunity available to our AGORACOM member and friends for the following reasons:

1. As of the time of this blog post, the Gold Spot Price was $1,118.50.00

2. Our own Chief commentator and Gold Bull, Peter Grandich, has been pounding the table on Gold for some time

3. Candente Gold Corp. provides a unique opportunity for investors in Mexico and Peru

Some Highlights of the Candente Gold Corp. story include:

* Near term focus is on The El Oro Gold-Silver Property Mexico, which is considered one of Mexico’s significant historic gold producers with past production of 8 M oz Au equivalent from two veins .

* Most Exploration and Development was conducted in only 2 veins of the 20 veins known to date in the Historic Area

* The Majority of Exploration & Development at El Oro was completed prior to the mid 1900’s – without modern vein concepts

For those of you interested in learning more about this private placement opportunity with Candente Gold Corp. visit our Private Placement Opportunities.

I strongly encourage anyone interested in this private placement opportunity to conduct thorough due diligence on the company to ensure that it meets with your investment goals.

Regards,
George



Posted in AGORACOM News And Events, AGORACOM Private Placements, Gold $1,000 | 1 Comment »

Press Release – AGORACOM Announces Online Gold and Commodities Conference – December 3 – 4, 2009

Posted by AGORACOM at 10:00 AM on Thursday, November 12th, 2009

AGORACOM Announces Online Gold and Commodities Conference – December 3 – 4, 2009

Investors From Over 20 Countries Expected To Attend Inaugural Online Conference That Includes Keynote Speakers Peter Grandich, Barry Ritholtz, Paul Kedrosky, Eric Coffin, and Gregor Macdonald.

TORONTO, November 12, 2009 – AGORACOM, a leading online financial community focusing on the small-cap and mid-cap markets, today announced the launch of its online investor conference initiative that will begin with the AGORACOM Online Gold & Commodities Conference on December 3rd and 4th, 2009.

The online nature of the conference will allow investors, both retail and institutional, to connect with small and mid-cap resource companies faster, better and cheaper than traditional investor conferences thanks to the elimination of all expenses related to travel, lodging, materials and time away from work.

GLOBAL INVESTORS PARTICIPATING FROM THEIR OFFICES AND HOMES

Using the AGORACOM Conference platform, presenting companies, attending investors and keynote speakers will all participate from the comfort of their offices and homes.  As a result, the conference will be comprised of a global audience vs. a local audience, which is expected to draw investors from more than 20 countries.

AGORACOM Founder, George Tsiolis, stated “Having already pioneered online investor relations, it just made complete sense to pioneer online investment conferences for the small and mid-cap space.  Our survey data clearly shows that investors use the web as their primary tool to research and find new investments.  What is really exciting is the fact that investors living outside of the established but small group of North American conference cities will finally have an opportunity to participate and benefit from a Tier-1 investor conference.  With gold trading at all-time highs and other commodities enjoying a bullish market, I expect to have investors from more than 20 countries participating in our inaugural event”.

PRESENTING COMPANIES

The conference will focus on emerging small and mid-cap resource companies who are required to have demonstrated excellence through a combination of one or more of the following:

  • Experienced management
  • Proven reserves via 43-101
  • Strong prospective projects via publicly announced drill results
  • Balance sheet strength
  • Imminent or actual production.

AGORACOM is limiting the total number of presenting companies to 50.  Currently, over 25 companies have committed to the conference, leaving approximately 25 spots available.  Presenting companies will be active in industries that include precious metals, base metals, rare metals, oil & gas and clean energy technologies.

REASONS TO PRESENT YOUR PUBLIC COMPANY

1.   A built in audience.  Last year, AGORACOM attracted over 1.3 million investors, 7.9 million visits and generated just under 100 million page views. (Full Story).

2.  AGORACOM content partners include GlobeInvestor, AOL Money Canada, Yahoo Finance Canada and every Blackberry device on the planet.  (Full Details).

3.  Conference presentations will have a shelf-life far beyond the end of the conference due to posting and tagging on the web’s biggest finance and social media sites that will reach new audiences indefinitely.

4.  Significantly reduced hard costs related to travel and materials, as well as, soft costs related to time management.

5.  An AGORACOM survey revealed that 59.4% of investors no longer find traditional conferences valuable and obtain all of their information from the web.

6.  An IR Magazine Think Tank of Canada’s 40 leading IRO’s recently met and concluded that Twitter and Blogs are now the primary information source for analysts and institutional investors.

REASONS FOR INVESTORS TO ATTEND

1.   Participate in a high-quality conference in which you get to watch presentations, interact with CEO’s & IRO’s in near real-time and discover new potential investments.

2.  Watch presentations from a line-up of highly-acclaimed keynote speakers.

3.  It’s free and investors can participate from anywhere in the world.  Register Here (form is on the right hand side)

KEYNOTE SPEAKERS

Keynote presenters at the conference include some of the most accomplished industry speakers and financial bloggers in the world

  • Peter Grandich              Chief Commentator, AGORACOM.com
  • Eric Coffin                    Co-Producer of The Hard Rock Analyst
  • Barry Ritholtz                Author Of The Big Picture, Rated The Web’s #1 Financial Blog
  • Paul Kedrosky              Author Of Infectious Greed, Rated The Web’s #2 Financial Blog
  • Gregor Macdonald         The Top Ranked Energy Analyst On StockTwits Blog Network

This press release was distributed by MarketWire, the official news wire of AGORACOM.com and the AGORACOM Online Gold & Commodities Conference.

About AGORACOM – Online Investor Relations Community For Small and Mid-Cap Companies

AGORACOM is North America’s largest online investor relations community for small-cap and mid-cap companies. We have partnered with the world’s biggest Internet companies to deliver content that connects public companies and investors, including Globe Investor, Yahoo, AOL and Blackberry. Over 250 public companies have used AGORACOM to conduct online investor relations.

More than just lip service, AGORACOM attracted 1.31 million investors that visited 7.9 million times and read just under 100 million pages of information last year.

CONTACT INFORMATION

George Tsiolis, LL.B

Founder

AGORACOM

AGORACOM.com

AGORACOM Contact Us

AGORACOM Conference Home

Posted in AGORACOM News And Events, All Recent Posts, Commodities, Gold $1,000, Online Investor Conference | No Comments »

New Dawn Mining Announces Record Monthly Gold Production, Marking 7 Consecutive Months Of Increasing Production

Posted by AGORACOM at 10:51 AM on Wednesday, November 11th, 2009

(ND:TSX)

Some stories require a good pre-amble in order to insure that investors really understand the importance of a news release … this isn’t one of them.  Quite simply, the numbers speak for themselves.  New Dawn Mining is producing and selling gold at increasing levels every single month.  As always, assume I am horribly conflicted by the fact that New Dawn Mining is an AGORACOM client.

Congratulations to Ian Saunders and his team for this continued success.  With gold breaking through $US 1,115 this morning, their production and sales timing could not be better.

Regards,
George

New Dawn’s Turk Mine Gold Production Increases 20% Month Over Month

Highlights Include:

  • Gold production for October 2009 was 1,235 ounces or 38.42 kg’s, as compared to September 2009 gold production of 1,029 ounces or 32 kg’s, an increase of 20%
  • Gold sales for October 2009 were US$1,334,635 at an average gold price of US$1,039 per ounce
  • At October 2009 month-end, an additional 558 ounces or 17.35 kg’s of gold were awaiting export for sale in South Africa, which will be included in November 2009 sales

  • 100% of gold sales were received in US Dollars

  • October 2009 marks the 7th consecutive month of increased gold production

  • October 2009 was the highest level of gold production during calendar 2009 and the largest month over month percentage increase since production resumed in March 2009

Click on link below to read entire press release:

November 11, 2009 - New Dawn’s Turk Mine Gold Production Increases 20% Month Over Month – Seven Consecutive Months of Gold Production Increases

Link to Hub/ Link to Profile/ Link to Forum

Posted in 43-101's, All Recent Posts, Gold $1,000 | 1 Comment »

Gold Hits New All-Time High – Grandich Says Close Above $1,070 Is Bullish

Posted by AGORACOM at 12:31 PM on Tuesday, November 3rd, 2009

Gold is absolutely breaking out today.  I can talk about it but a chart is worth 1,000 words … or $1,078 per ounce.


[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]

Members of AGORACOM know we’ve been calling for this kind of action for a couple of years now.  Hence, why I started my Gold $1,000 blog posts.  If you’re now a believer in gold, make your way over there to find out about great gold companies and other commentary.

More importantly, AGORACOM Chief Commentator, Peter Grandich has been calling this gold breakout for several hundred dollars now.  He has been unwaivering and uncanny.  In our most recent Friday night show, he stated that $1,020 or $1,070 were buy signals for him … and here we are less than two trading days later.

In a post made just a few minutes before this one, he stated:

In the face of a rising U.S. Dollar and a vast majority of either outright bearish
or weak-knee bulls, gold has just vaulted up to a new, all-time nominal high.
The fact that India has already bought half of the entire amount of gold the IMF
is selling is definitely a major plus.

The bears are in big, big trouble.

For those of you that are yet to discover Peter Grandich and his uncanny market calls, just click here to be taken back to his home page.  His calls have earned his numerous appearances on CNBC, Fox, BNN,Wall Street Journal, and every other major media source in North America, so you should take the time to read what he has to say.

Finally, if you need one place to keep up with a consolidated view of Spot, 24-hour, 30-Day and 1-Year gold prices, make sure to visit and bookmark our gold price page.

Regards,
George

Posted in All Recent Posts, Gold $1,000 | No Comments »

New Dawn Mining (ND:TSX) Receives US$2.24 Million from Sale of Reserve Bank of Zimbabwe Bonds

Posted by AGORACOM at 4:01 PM on Monday, October 26th, 2009

(ND:TSX)

It seems like Ian Saunders and his team over at (AGORACOM Client) New Dawn Mining can’t stop releasing the kind of great news investors look for in junior gold companies.

As always, assume I am horribly conflicted when it comes to our clients, so have a look at the highlights of this press release and the bullet point highlights below.  First, the headline: New Dawn Mining Corp. receives US$2.238 Million from Sale of Reserve Bank of Zimbabwe Bonds

Highlights Include:

·Receipt of US$2,238,000 from sale of RBZ Bonds

·Cash resources increase by approximately 90%

·New Dawn – A Zimbabwe gold producer with zero long-term debt, profitable operations and positive cash flow

Click on link below to read entire press release:

New Dawn Mining Corp. receives US$2.238 Million from Sale of Reserve Bank of Zimbabwe Bonds

Link to Hub / Link to Profile / Link to Forum

Congratulations again to Ian and the entire New Dawn Mining team.

Regards,
George

Posted in Gold $1,000 | 2 Comments »

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