Valuing A New Gold Mine: Could Azco Mining - AZMN Be Next Gold Corp or Wheaton River?
Phoenix, AZ (ContentDesk) November 21, 2005 -- Analysts react to soaring Gold prices as CT offers upbeat assessment of Azco's immense in-ground assets and new acquisitions rapidly becoming more valuable - Now approaching $1.5 Billion.Christian Traders - http://christiantraders.com, the Internet's fastest growing, faith-based on line investment community, continues to attract increasing Wall Street coverage, and the attention of the investment community at large. Launched just a month ago, the
column "A Global Perspective", written by CT and Savant, has been ranked "Most Popular Blog" almost daily on the mega investment site www.tradingmarkets.com.
Other key ingredients of their recipe for success include the financial commentary delivered daily via CFRN - http://cfrn.net and continuing outperformance of the recently launched CT Global Hedge Fund System and the superlative MODAR" Educational Trading Alert Service.AZCO MINING - AZMNWheaton River and its merger with GoldCorp have become the subject of Wall Street legend rising from sub-one hundred million market capitalizations into a combined multi-Billion Dollar giant over a relatively short time span growth of just a few years. In fact Reuters reports Goldcorp NYSE: GG, literally grew from a $50 Million investment into North America's 4th biggest gold producer.In light of soaring gold prices could Azco Mining Inc - AZMN be next? It certainly is beginning to look like a junior version of Goldcorp, with a growing market cap approaching $30 Million, yet with proven in-ground assets and extensively drilled reserves, that by some measures at today's prices has Azco's gross value approaching $1.5 Billion, its market cap could easily rise to 10% of those values or $150 Million.Azco Mining Inc. (OTC: AZMN.PK), a U.S.
based mining and exploration enterprise, controls three projects that contain immense in-ground mineral resources and constitute promising mining opportunities. These projects are the 100% owned Ortiz Gold project in New Mexico and the 100% owned Black Canyon mica project in Arizona and the just acquired 100% interest in New Planet: A World class rare mineral Micaceous Iron Oxide deposit. At the Ortiz gold project, Azco Mining recently acquired exclusive mineral rights to a huge 90 square mile area where $40 million in exploration and development work in the 1980s identified two million ounces of gold resources with excellent mining potential. The large area under control provides tremendous exploration upside in addition to the 2 million ounces of gold worth some $975 million.At the Black Canyon mica project, Azco Mining plans to finalize construction and to start up its operating facilities on which it has spent over $15 million. When construction is completed, the Company will be poised to increase initial sales and begin profitable operations.
Black Canyon represents an enormous source of supply of high quality mica that is a valuable additive in the growing cosmetics, plastics and pigment industries. Azcos drilled in-ground premium mica resource has been valued at $167-$212 million by a third-party geological engineering firm. This valuation represents 422 million pounds of mica, which is only a small fraction of the estimated total resource. The New Planet project consists of 31 patented mining claims covering 523 acres in La Paz County, Arizona contains a World class resource of micaceous iron oxide ("MIO"), an industrial mineral valued around the world as an important coating pigment used in corrosion-control systems for structural steelwork.
The New Planet property represents an unusual opportunity to acquire, under attractive terms and in the United States, an exceptional ore deposit characterized by high grade, favorable metallurgy and a drilled resource sufficient to sustain an open pit mining operation for over thirty years.
At today's MIO prices of around $0.50/lb, the in-ground value of recoverable MIO in that portion of the deposit that has been drilled exceeds $300 million.
With Gold soaring to almost $500 per ounce, Azco's peers US Gold USGL and El Capitan Resources ECPN have both soared on bright outlooks for their respective deposits and valuing Azco's proven reserves against their inferred reserves could soon well see AZMN trading at comparable valuations of near $150 Million or $2.50 as Azco clearly seems extremely undervalued in comparison.
Azco Mining Inc. is a U.S. based mining and exploration enterprise with an emphasis on gold, copper and industrial minerals.
Azco owns mineral lease rights to 90 square miles at the Ortiz gold property in New Mexico, where previous exploration has identified resources containing two million ounces of gold. Azco also owns and operates the Black Canyon mica deposit in Arizona, which contains a large resource of mica and bi-product feldspathic sand. Industry titan Morningstar has recently generated an unusually large number of alerts and Barchart.com
issued very positive technical analysis based on 13 key technical indicators which resulted in a 100% BUY rating for shares of AZMN. A copy of this analysis is available at http://cfrn.net .
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They are drawn by the dynamic blend of popular contemporary Christian music, live market updates, corporate interviews, hourly spiritual encouragement, and a strong conservative perspective. CFRN has forged a strategic relationship with The Hunger Site, and has set a goal of eradicating world hunger. Think it's impossible? Visit http://cfrn.net to learn how you can help without spending a dime.
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CMKM DIAMONDS - CMKX
Investors are encouraged to follow the ongoing situation at CMKM Diamonds Inc
- CMKX, via "CFRN Investigates" every Monday at 4:30PM EST on CFRN.DisclaimerChristian Traders does not accept cash, stock, warrants, or promises thereof, to select or profile any company.
The above commentary is simply the opinion of the editor..
New Age Diamonds' Jewellery Support Program
(ContentDesk) October 26, 2005 -- New Age Diamonds' Jewellery Support Program offers fantastic discount for their yellow cultured diamonds in all tints to jewelers eager to apply their skills and imagination to create jewellery with New Age Diamonds.The main aim of this program is to let individual jewelers and small-to-mid jewellery companies realize their creative ideas in unique designs using cultured fancy colored diamonds giving that opportunities due to their colors and relatively low price. The other goal is popularization of cultured diamonds among the customers all over the world, since the best promotion is the elegant and attractive - but still affordable - jewellery.There are only a few conditions:- this special discount is valid for jewelers;- jewelers have to accept
New Age Diamonds concept of Joy and to bring that Message of Joy which company declares as specialty of their fancy colored cultured diamonds;- all participants will allocate temporary to New Age Diamonds...
Diamonds > New Age Diamonds' Jewellery Support Program
?Moissanite Bridal Rings ?True Choice Of The Young Heart?
What best way can a bride think of rising to the very special occasion in her life, if that occasion does not have the glitter of jewelry in it! Brides today need not despair and give up hope if diamonds are outside their reach. Welcome to the world of moissanite bridal rings! Wondering what the price of moissanite bridal rings could be? Smile. You don't have to earn a ton of money to own one of these exquisitely crafted beautiful bridal rings. Jewelry stores and jewelers would strongly suggest that a diamond is after all a diamond and is always the last word in bridal fineries and outfits. Great suggestions of course, if there were no relevant alternatives that could work equal wonders.Imitation diamond rings they may be but you would be excited to know that all moissanite bridal rings are given the stamp of quality before they leave your jeweler's store.
Skilled craftsmen get to the last handcrafted detail and make every single ring a piece of enviable jewelry. Each ring is...
?Moissanite Bridal Rings ?True Choice Of The Young Heart?
Diamonds > ?Moissanite Bridal Rings ?True Choice Of The Young Heart?
Multicolour.com Launches Alexandrite, The Tsarstone Collectors Guide and 300 Carefully Graded Alexandrite Lots Online
(ContentDesk) March 20, 2006 -- On 17 April 1834, the Russian Empire was celebrating the sixteenth birthday of the future Tsar Alexander II, one of the most controversial characters in Russian history. At around the same time, a colour changing gemstone was found in the Urals's Izumrudnye Kopi (Emerald mines) on the Tokovaya River, 85 versts (96
kilometres) to the east of Ekaterinburg and the noble story of
the most
scarce and fascinating precious stone was born and irrevocably
associated with Alexander II, through being named in his honour - Alexandrite.The mystical dualism of Alexandrite lies within Tsar Alexander II's figure who ascended the throne during Russia's defeat in the Crimean War of 1855. The early part of his reign was characterised by sweeping reforms and his liberal approach earned him the title of "Tsar Liberator."
The green of Alexandrite in daylight was taken to represent the hope and revival brought to Russia by Alexander...
Diamonds > Multicolour.com Launches Alexandrite, The Tsarstone Collectors Guide and 300 Carefully Graded Alexandrite Lots Online
Diamonds
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