t******g
发帖数: 462 | 1 Is it pump and dump or they really have some business starting? Huge volume
today.
The company had a refinance at around 1.25 when the stock price was as high
as 1.50 earlier this year.
http://www.marketwatch.com/story/santa-fe-gold-sells-first-gold-silver-concentrate-to-european-smelter-2010-09-13?reflink=MW_news_stmp
ALBUQUERQUE, N.M., Sep 13, 2010 (BUSINESS WIRE) -- Santa Fe Gold Corporation
/quotes/comstock/11k!sfeg (SFEG 1.08, +0.09, +9.09%) is pleased to
announce that it has begun shipments to Aurubis AG, Europe's largest copper
and precious metals smelter with an initial shipment of 20 tons of precious
metals concentrate. At current metal prices, this shipment of gold and
silver concentrate is valued at approximately $425,000. The company's
Lordsburg flotation mill is in production and producing precious metals
concentrate from its Summit mine located in southwest New Mexico.
"We are pleased to have reached a very favourable agreement with Aurubis AG
on sales of concentrate," said Pierce Carson, President and Chief Executive
Officer. "We expect to shortly follow this initial shipment with sales and
shipments of stockpiled concentrate, which will then be followed by on-going
regular shipments of production concentrates from the Summit mine.
"We've recently announced sales of siliceous flux to two Arizona smelters.
The establishment of sales of both concentrate and flux provides Santa Fe
with multiple outlets for its products. Multiple outlets provide marketing
flexibility and support for our long term strategy of building Santa Fe's
production profile in the Lordsburg area."
The Summit mine is expected to reach full production during the first half
of 2011 with estimated annual revenues of approximately $35 million based on
recent gold and silver prices. Operating costs are projected to be less
than $350 per ounce of gold equivalent produced.
Aurubis AG, formerly Norddeutsche Affinerie AG, is a German company engaged
in the production of primary copper and precious metals, the recycling of
secondary raw materials and the processing of copper into final products.
About Santa Fe Gold:
Santa Fe Gold is a U.S.-based mining and exploration enterprise focused on
acquiring and developing gold, silver, copper and industrial mineral
properties. Santa Fe controls: (i) the Summit mine and Lordsburg mill in
southwestern New Mexico; (ii) a substantial land position at the Lordsburg
mill, comprising the core of the Lordsburg Mining District; (iii) the Ortiz
gold property in north-central New Mexico, estimated to contain two million
ounces of gold; (iv) the Black Canyon mica mine and processing facility near
Phoenix, Arizona; and (v) a large resource of micaceous iron oxide (MIO) in
western Arizona. Santa Fe Gold intends to build a portfolio of high-quality
, diversified mineral assets with an emphasis on precious metals.
To learn more about Santa Fe Gold, visit www.santafegoldcorp.com. | e*n
发帖数: 1511 | 2 就这个公司来说，上季毛收入26W，这次一次性就拿到42W,算是一个亮点。金矿公司基
本是受金价影响，黄金最近好像是突破了，所以金矿跟着涨，算是第二个亮点。但是金
矿基本是保守型产业，除了金价高之外没什么想象空间，所以追捧的人也不多。今天量
大，但是交易稀疏，说明散户不是很买账。所以你即使要追高的话，进出总资金量要保
守一点。
volume
high
Corporation
copper
precious
【在 t******g 的大作中提到】
: Is it pump and dump or they really have some business starting? Huge volume
: today.
: The company had a refinance at around 1.25 when the stock price was as high
: as 1.50 earlier this year.
: http://www.marketwatch.com/story/santa-fe-gold-sells-first-gold-silver-concentrate-to-european-smelter-2010-09-13?reflink=MW_news_stmp
: ALBUQUERQUE, N.M., Sep 13, 2010 (BUSINESS WIRE) -- Santa Fe Gold Corporation
: /quotes/comstock/11k!sfeg (SFEG 1.08, +0.09, +9.09%) is pleased to
: announce that it has begun shipments to Aurubis AG, Europe's largest copper
: and precious metals smelter with an initial shipment of 20 tons of precious
: metals concentrate. At current metal prices, this shipment of gold and
| t******g
发帖数: 462 | 3 Thanks a lot for the comment. I might buy a couple thousand shares for fun,
but not speculate on it. (they had significant inside buy at around 0.90)
This is a OTC stock, of course not many 散户 know it. It's the first day of
price/volume breakout in months.
Also their concentrate contains more silver than gold (% wise).
One thing I am dubious about is their sale to Europe smelter (Aurubis AG
only have production site in 7 Europe countries), why shipping thousands of
miles to Aurubis (shipping cost), wouldn't local Arizona smelter have better
advantage on the price (they do have testing ship of concentrates to local
smelters).
【在 e*n 的大作中提到】
: 就这个公司来说，上季毛收入26W，这次一次性就拿到42W,算是一个亮点。金矿公司基
: 本是受金价影响，黄金最近好像是突破了，所以金矿跟着涨，算是第二个亮点。但是金
: 矿基本是保守型产业，除了金价高之外没什么想象空间，所以追捧的人也不多。今天量
: 大，但是交易稀疏，说明散户不是很买账。所以你即使要追高的话，进出总资金量要保
: 守一点。
:
: volume
: high
: Corporation
: copper
| j*****2
发帖数: 306 | 4 BRD has 5X revenue, but less than 2X of SFEG's valuation,
so SFEG is not cheap at all.
,
of
of
better
local
【在 t******g 的大作中提到】
: Thanks a lot for the comment. I might buy a couple thousand shares for fun,
: but not speculate on it. (they had significant inside buy at around 0.90)
: This is a OTC stock, of course not many 散户 know it. It's the first day of
: price/volume breakout in months.
: Also their concentrate contains more silver than gold (% wise).
: One thing I am dubious about is their sale to Europe smelter (Aurubis AG
: only have production site in 7 Europe countries), why shipping thousands of
: miles to Aurubis (shipping cost), wouldn't local Arizona smelter have better
: advantage on the price (they do have testing ship of concentrates to local
: smelters).
| t******g
发帖数: 462 | 5 Don't use existing revenue to compare wini-tini companies, for such company,
it's all about growth, expectation and imagination :)
I am not recommending SFEG as a significant long term hold, just place some
bet on its potential growth
【在 j*****2 的大作中提到】
: BRD has 5X revenue, but less than 2X of SFEG's valuation,
: so SFEG is not cheap at all.
:
: ,
: of
: of
: better
: local
|
|
