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Posts Tagged ‘Nevada mining’

SILA.OB Las Vegas Isn’t The Only Thing Glittering In The Nevada Desert!

Sunday, August 1st, 2010

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Gold American Mining Corp. (SILA.OB) is a gold exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich precious metals production potential. Based in Reno, Nevada, Gold American has already developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.

Gold American’s Keeno Strike Property is located in theGoodsprings/Yellow Pine Mining District, and consists of a continuous block of 12 unpatented, 20-acre lode miningclaims for a total of 240 acres. The claims could potentially contain 2.14 million ounces of gold equivalent resources accessible via open-pit bulk handling methods unavailable to the industry at the time these properties were initially developed.

According to a May 2008 report prepared by Mark See, Mining Engineer, when the gold equivalent resources are combined with those of additional mineral deposits of lead (~130,000 tons), zinc (~115,000 tons) and copper (~13,000 tons), the claims represent an estimated equivalent gross in situ value in excess of $3 billion. The estimated gold equivalent resources alone represent a total in-place gross value of ~$2.17 billion at current market prices (as of March 2010), as calculated in a March 2010 Evaluation Report by Parkinson Geologic Services, Inc. The property’s 240 acres lie in a mining district that had produced over 120,000 ounces of gold equivalent by the end of 1962.

A reconnaissance report prepared in 2008 determined that Gold American’s holdings represent sufficient resources to justify the next phase of the property’s expansion.

As announced in May 11, 2010, the Company entered into a $7.5 million equity financing agreement with a European institutional investment group that specializes in backing precious metals and mining ventures. Gold American is pleased to announce that, up to date, they have received funds in the amount of $300,000 in virtue of this agreement and still have a balance of $7.2 million that could be called upon to fund the Company’s exploration and acquisition strategy. During 2010, Gold American has 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.

 

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

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Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. 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)

 
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NYSE:STU SILA.OB NASDAQ:PWER Stock Watch From DrStockPick.com

Saturday, July 31st, 2010

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Silver America, Inc. (OTC.BB:SILA) changed its name to Gold American Mining Corp. to better reflect the nature and primary focus of its business operations. The name change was effected as a result of the Company’s more specific emphasis on exploring for gold within the precious metals industry, and the belief that it would be in the best interest of the Company and its shareholders.

The Company’s current holdings include the Nevada-based Keeno Strike Property and the Guadalupe Property in Mexico, located roughly 5 miles north of the Fresnillo (Proaño) Mine. The Company also remains committed to its aggressive, ongoing acquisition of holdings with rich gold and silver production potential. Toward that end, Gold American is currently reviewing additional gold/silver prospects of interest in Nevada, Mexico and other regions marked by stable politics, sound economies and friendly business relations.

 

Gold American Mining Corp. is a precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties.

 

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Power-One (Nasdaq:PWER) is committed to providing a comprehensive range of green high-efficiency power solutions, in support of improving our global environment.

In addition to energy-efficient power-conversion products, Power-One offers intelligent controls, digital power managers, and communications interfaces that facilitate energy-savings via enhanced power monitoring and management capabilities.

Power-One’s high-efficiency technologies are combined with advanced packaging and thermal-management techniques to deliver an industry- leading array of advantages.

Many Power-One products also feature programmable outputs that enable users to select voltages that optimize overall system efficiencies based on static, and dynamic, operating conditions.

The company also provides renewable energy products, which convert solar or wind energy into useable grid connected power for use in residential and commercial solar panels and wind turbine farms; and smart motor control and other products that are used primarily in appliances, such as clothes washers and dryers, and air conditioners.

 

Citi

 

 

The Student Loan Corporation (NYSE: STU), a subsidiary of Citibank, N.A., has helped millions of students and their families afford a college education. As one of the nation’s leading originators and holders of student loans, we offer an array of CitiAssist private student loans.

The Student Loan Corporation is one of the nation’s leading originators and holders of student loans providing a full range of education financing products and services to meet the needs of students, parents, schools and lenders. The company was previously a division of Citibank and became a NYSE-listed corporation in 1992. Citibank, N.A. is the majority shareholder. Citibank was one of the first banks to finance higher education, beginning in 1958.

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

drstbc

 

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. 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)

 
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SILA.OB, NYSE:BZ, NYSE:ABX Report On Positive Performing Stocks by DrStockPick.

Saturday, July 31st, 2010

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Gold American Mining Corp. (SILA.OB) is a gold exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich precious metals production potential. Based in Reno, Nevada, Gold American has already developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.

Gold American’s Keeno Strike Property is located in theGoodsprings/Yellow Pine Mining District, and consists of a continuous block of 12 unpatented, 20-acre lode miningclaims for a total of 240 acres. The claims could potentially contain 2.14 million ounces of gold equivalent resources accessible via open-pit bulk handling methods unavailable to the industry at the time these properties were initially developed. According to a May 2008 report prepared by Mark See, Mining Engineer, when the gold equivalent resources are combined with those of additional mineral deposits of lead (~130,000 tons), zinc (~115,000 tons) and copper (~13,000 tons), the claims represent an estimated equivalent gross in situ value in excess of $3 billion. The estimated gold equivalent resources alone represent a total in-place gross value of ~$2.17 billion at current market prices (as of March 2010), as calculated in a March 2010 Evaluation Report by Parkinson Geologic Services, Inc. The property’s 240 acres lie in a mining district that had produced over 120,000 ounces of gold equivalent by the end of 1962.

A reconnaissance report prepared in 2008 determined that Gold American’s holdings represent sufficient resources to justify the next phase of the property’s expansion.

 

 

 

Boise Inc. (NYSE: BZ) will hold a webcast and conference call to discuss second quarter 2010 earnings. The conference call, which will be hosted by Alexander Toeldte, President and Chief Executive Officer, will be held on Tuesday, August 3, 2010, at 12:00 p.m. ET.

 

Headquartered in Boise, Idaho, Boise Inc. manufactures packaging products and papers including corrugated containers, containerboard, label and release and flexible packaging papers, imaging papers for the office and home, printing and converting papers, newsprint, and market pulp. Boise Inc. employees are committed to delivering excellent value while managing businesses to sustain environmental resources for future generations.

 

 

 

 

Barrick Gold Corporation (NYSE:ABX) is the gold industry leader, with interests in 26 operating mines and a pipeline of projects located across five continents, in addition to large land positions on some of the most prolific mineral districts.

Barrick generated $2.9 billion in adjusted operating cash flow2 in 2009. As at December 31, 2009, the Company had $2.6 billion in cash and a $1.5 billion undrawn line of credit.

With the industry’s largest production of 7.4 million ounces in 2009 and its largest reserves of 139.8 million ounces, Barrick offers investors exceptional leverage to higher gold prices. The Company also has 6.1 billion pounds of copper reserves and 1.06 billion ounces of contained silver within gold reserves as at December 31, 2009.

Barrick is committed to sustainable economic development, environmental stewardship and a culture of safety. Barrick was added to the Dow Jones Sustainability Index – World in 2009 for the second consecutive year and maintained its listing on the Dow Jones Sustainability Index – North America for the third year in a row.

For 2010, Barrick expects higher gold production of 7.6–8.0 million ounces and copper production of 340-365 million pounds.

 

 

 

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

drstbc

 

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. 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)

 
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Market Watch On Gold American Mining (SILA.OB) Courtesy Of DrStockPick.com.

Saturday, July 31st, 2010

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Gold American Mining (SILA.OB) is committed to the ongoing acquisition and exploration of holdings which are rich in gold and silver production potential. The company’s current holdings include the Nevada-based Keeno Strike Property and the Guadalupe Property in Mexico, located about five miles north of the Fresnillo (Proaño) Mine. Gold American is currently reviewing additional gold/silver prospects of interest in Nevada, Mexico, and other regions marked by stable politics, sound economies and friendly business relations.

Gold American 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. The company has received funds in the amount of $300,000 by virtue of this agreement and still has a balance of $7.2 million to call upon to fund its exploration and acquisition strategy.

Gold American’s Keeno Strike Property, located 30 miles southwest of Las Vegas, is in a mining district that has produced significant quantities of both gold and silver, and also contains deposits of copper, cobalt, nickel, zinc, and lead. The property covers 245 acres of the historic Monte Cristo mine and Keeno-mint prospect. Exploratory work will consist of testing the potential for 1.1 million ounces of gold, and 69 million ounces of silver.

The Guadalupe Property is located in central Mexico, in one of Mexico’s oldest mining districts. Just a few miles north of the world’s richest underground silver mines, this property contains two historic mines. The Juanicipio Joint Venture, held by MAG Silver Corp. and Fresnillo plc., is only 6.8 miles to the southwest, and has an indicated resource average grade of 879 g/t of silver, which is roughly twice the grade of Fresnillo’s other producing mines in the region, making the project’s Valdecañas Vein one of the world’s highest grade undeveloped silver resources.

 

AS OF FRIDAY 7/30/2010

LAST TRADE: $0.90

CHANGE: UP 0.05 (5.88%)

VOLUME: 337,128

 

 

 

 

 

 

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

drstbc

To unsubscribe: unsubscribe@drstockpick.com

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. 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)

 
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Daily Stock Alert From DrStockPick.com (SILA.OB)

Saturday, July 31st, 2010

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Gold American Mining Corp. (OTC.BB:SILA) is pleased to provide an update on the financing activities of the Company.

As announced in May 11, 2010, the Company entered into a $7.5 million equity financing agreement with a European institutional investment group that specializes in backing precious metals and mining ventures. Gold American is pleased to announce that up to date they have received funds in the amount of $300,000 in virtue of this agreement and that they still have a balance of $7.2 million that the Company could call upon to fund their exploration and acquisition strategy. During 2010, Gold American has 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.

“During the first half of this year, Gold American has raised $500,000 in equity financing without incurring any debt. These funds have helped the Company fuel its FY2010 exploration program and added to its working capital,” stated Johannes Petersen, President of Gold American. “With the existing equity agreement in place, the Company is well-positioned to take advantage of improved global financial and commodity market conditions,” added Mr. Petersen.

Gold American Mining Corp. is a precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.

 

 

AS OF FRIDAY 7/30/2010

LAST TRADE: $0.90

CHANGE: UP 0.05 (5.88%)

VOLUME: 337,128

 

 

**************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

drstbc

To unsubscribe: unsubscribe@drstockpick.com

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. 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)

 
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