Monday, May 25, 2009

Lithium and Rare Earth Elements: James Dines - Next Major Bull market. TNR.v, SQM, AVL.to, RES.v, CDNX, HUI, XAU, ESLR, GOOG, BYD, TTM, DAI, NSANY,



To all geopolitical concerns for Mr Obama this week added one more: who will control Next Industrial Revolution and Green Mobility Technological base? Chinese are moving very fast and now holding not only the key to financial health of US Dollar and US Corp itself, but also controlling production of strategic commodities for 21st century like Lithium and almost 90% of market of Rare Earth Elements (REE) - basis for Electric Car mass production dreams. But nothing is hopeless this time, there are people with ideas, companies with properties and people with money, who are ready to make this thing happen. We just need to make them find each other and keep all special interests out of the play field for a couple of years - to prove viability of this concept and make it impossible to kill Electric Cars again.
We have another fine gentleman in our Exclusive Club of the Next Big Thing and Major Bull market. This time it is James Dines - a widely followed The Dines Letter writer. His last prediction about Uranium Bull made early buyers a lot of money and he always gets attention. Our Next Big Thing is charging fast and money is coming into the sector. Suddenly investors are waking up to the reality of Alternative Energy and Green Mobility revolution with political spice: majority of REE is produced by China and now experts are talking about quotas for Export of REE from China as a strategic commodity and base for Next Industrial revolution. Will America for real try to reinvent capitalism by technology driven production of new means of transportation based on sustainable Green solutions? Is the time of Old Boys from Oil Lobby over or at least they will decide not to kill for another buck their kids? Will people start all over again: spend what they earn, save and invest to make the New Real Deal happen? No politics here: plane Common Sense - this is the only way out of Bankrupt Financial Economy with PlayStation kids running the show. Choice is very simple: Fall of Rome or painful Next Industrial revolution based on transition from fossil fuels and into the Green Mobility revolution. Banking must be again boring and solid and all fun must be back to Ventures and Technology driven new Bull Markets. Our safe way to ride the Tide - are commodities for 21st century. We will bet on Internet needed for all new Googles and Ebays to come, we will try to avoid, where we can, former Etoys, Commerce Ones and Aribas. Our play of this Bull are electrons safely stored in Lithium batteries under management of REE based controlling devices. Another twist to our Bull story are super alloys of particular REE needed for super magnets for powerful light weighted Electric Power Trains of Electric Cars.



Actually, the real moving star of today's story was Avalon Rare Metals AVL.to with move Up 65% on 2.5 million shares.


We are pleased to see that our Lithium Play TNR Gold TNR.v has shared the fun and moved Up 29% on 600 thousand shares. Stock is still below the radar screens of investment public, but accumulation is well under way and Dr. Frederic Breaks founder of Avalons REE Deposits is now on board of this small junior.


CEO of TNR Gold Gary Schellenberg recently discussed REE, Tantalum and Lithium in his interviews and company is aggressively building its portfolio of Lithium and REE properties. James Dines added fire to all these Latin words by his recommendation of Avalon Rare Metals and his idea about REE Major Bull Market. Now Schellenberg's excitement about Tantalum and Lithium is making sense for investment crowd and his story is getting attention.



By Brian Truscott
Of DOW JONES NEWSWIRES
VANCOUVER -(Dow Jones)- Two TSX Venture-listed rare earth companies are enjoying strong gains Monday - an otherwise quiet day on the Toronto Stock Exchange as U.S. markets are closed for Memorial Day.
Commerce Resources Corp. (CCE.V) and Rare Element Resources Ltd. (RES.V) are up 32% and 37% respectively, in part because two well-regarded market watchers are talking up a niche resource sector that's largely unknown to the everyday investor.
Investment-letter writers James Dines, who writes the Dines Letter, and John Kaiser, who writes the Bottom-Fish Online report, say rare earth elements are increasingly important to global markets.
Dines, who has declared himself a big-time 'investor bug' of various nascent markets in the past, said last Friday that rare earth elements could be the next major surprise bull market.
Why? Rare earth elements, which go by names such as thulium and lanthanum, are used in numerous electronic applications as well as superconductors, super-magnets, refining catalysts and hybrid-car components.
The two other rare metals one needs to know about are tantalum and niobium. Tantalum is widely used in the electronics industry. Niobium is used in steels and superalloys.
The actual amount of these elements that go into producing, say, hybrid cars is small but necessary. Supply is therefore vital to producers that need these rare elements in their products.
Kaiser agrees, saying the value of rare earth element miners will be increasingly strategic as demand for product outstrips global supply.
Enter Commerce Resources, a late-stage tantalum and niobium explorer, and Rare Element Resources, which has a key rare earth project in Wyoming.
As Kaiser says, the strategic worth of what they're sitting on in the ground is becoming as valuable as the elements themselves.He used a recent example: state-owned China Nonferrous Metal Mining Group (CNMC) took a majority stake in Lynas Corp. (LYC.AU) this month, giving the Australian rare earth miner US$366 million in funding. While Lynas has offtake agreements to Japanese, European and U.S. clients lasting for the next five years, its rare earth supply could last some 30 years. CNMC has now secured and therefore controls the future supply from one of the richest rare earth deposits in the world, Kaiser said.
That includes tantalum and niobium.
This is all the more important because the U.S. Defence Logistics Agency stopped selling into the tantalum market in 2008. Australia's Talisman, the world's leading supplier of tantalum, has ceased production indefinitely, citing the adverse effect of the black market supply as well as intense pricing pressure.
Black-market production in war-torn Democratic Republic of Congo is, by some estimates, supplying the world with some 30% of its required supply.
As both Commerce Resources and Rare Element Resources move toward production, their leverage on global producers increases, observers say.
'Commerce Resources is in a fascinating global position; the window for tantalum has opened wide,' said David Hodge, president of Commerce Resources. 'We are becoming part of the supply solution on a global basis; no matter what the studies say in terms of the price of extraction, the industry will say yes.'Commerce Resources is hoping to start open-pit production in 2010.
In Toronto, Commerce Resources is up 10 Canadian cents to 40 Canadian cents on 621,000 shares. Rare Element Resources is up 35 Canadian cents to C$1.30 on 633,000 shares.
Web Sites: http://www.commerceresources.com; http://www.rareelementresources.com
-Brian Truscott, Dow Jones Newswires; 604-669-1595; brian.truscott@dowjones.com"
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Sunday, May 24, 2009

TNR Gold Corp.: Incentive Stock Options Granted TNR.v, CDNX




Can we take it as a confirmation that prices below 0.1CAD are gone for now and insiders do not bank for themselves on summer doll drums to get more cheap shares? Management can price options 20% below the market price in Canada. Normally during summer months Juniors are coming under the selling pressure or lack of buying: summer is the best time to accumulate reasonable position without chasing the stock. This time in Gold, Silver and, particularly, Lithium space it could be different. We will take it as a good seasonality sign and note that majority of option granted has expired recently: no more dilution at this point. What is coming next in this acquisition race for New Oil? When the record day for spin out will be set?


"VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 20, 2009) - TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR - News) advises that 1.75 million incentive stock options have been granted to directors, officers, employees and consultants of the company. The options are exercisable at $0.10 per share for a period of five years, subject to regulatory approval. The options are subject to a four month hold period and the majority will replace stock options which are expiring.
ABOUT TNR
TNR is a diversified metals exploration company focused on identifying new prospective projects globally and upon approval of pending licences in Ireland, will have a total portfolio of 30 properties, of which 13 will be subject to the proposed spin-off of International Lithium Corp. (http://www.internationallithium.com).
The recent acquisition of Lithium projects in Canada, USA and Ireland confirms the company's commitment to project generation, market diversity, and building shareholder value.
On behalf of the board,
Gary Schellenberg, President"

Saturday, May 23, 2009

Next Big Thing - The lithium boom is coming: The new bubble? TNR.v, SQM, ROC, TTM, BYD, DAI, NSANY, GOOG, AAPL, RIMM, HUI, XAU, WLC.v, CLQ.v, RM.v,

Our Bull has hardly started, but some are already predicting the Bubble. Our followers will be able to find a lot of information outdated in this article, but main feeling is right: it is time to worry about Supply of New Oil - Lithium. Situation is not as desperate as Oil Lobby would like it to see: our Juniors are already busy staking the grounds and acquiring Lithium properties all over the world. Lithium becomes a matter of energy security and with its Non Elastic pricing qualities at the moment surge in price is imminent in order to secure Supply.
Actually, Brines are the main source of economic extraction of Lithium for car batteries at the moment, production from Spodumenes comes with credit of other REE in deposits and those REE like Tantalum are a high value itself in all modern electronics including control system of Electric Cars. With rising Lithium price economics of hard rock mining of Lithium will improve dramatically and those, who are building portfolios now, can enjoy the run similar in nature of Silver Standard SSRI, when stock was under 5 USD and they were buying Silver deposits with Silver below 7 USD/oz: with Silver prices above 15 USD/oz last year Silver Standard was above 30 USD.

This beauty above is a salt lake with Lithium bearing brine.
Story is moving to the front pages of information agencies with billions coming into battery production, space for Lithium production itself is still relatively unoccupied and just handful of Juniors are charging themselves to remind us a hey days of Uranium Rush, but this time with mass consumer at the end of Supply chain we hope to enjoy this generational Bull market of our Next Big Thing for years to come, which reminds John Doerr upcoming of Internet 15 years ago. We and our money politely agree with the Master and hope that this time we are early into this Game.

22 May 2009 17:25:16 GMT 22 May 2009 17:25:16 GMT Source: Reuters


* Auto batteries seen as the driver
* Environmental concerns of mining
* Skeptics doubt supply
By Steve James
NEW YORK, May 22 (Reuters) - New vehicle emission standards will likely be a boon for everything from aluminum to new plastics, but the producers of lithium -- a mineral used in batteries that power new generation vehicles -- could be the big winners.
But while the few public companies that mine lithium will likely see surging revenue, they will also face the pressure that comes with all booms -- making supply meet ever-tightening availability.
Companies that mine lithium should see a long-term boost to their business, analysts said, although there are questions about whether there is enough lithium for all customers.
And some energy experts see the irony in lithium batteries replacing carbon-burning gasoline, since they believe exploiting lithium could be just as destructive to the environment as pollution.
Lithium is generally mined from rock, but it can also be found in deposits in brine ponds. It comes mostly from one region -- the Andes mountains of Chile, Argentina and Bolivia, with some deposits in China. Chile's SQM is the world's largest producer, along with U.S. specialty chemical companies Rockwood Holdings Inc and FMC Corp .
There are enormous possibilities for profit.
"We are ready and able to expand production," said Tim McKenna, a Rockwood spokesman. "In fact, in the last 18 months, we completed capacity expansion of our Chile operations to keep pace with expected demand from the auto industry."
McKenna said the auto industry is not likely to bring lithium-powered cars to the wider market much before 2011, although the Mercedes S-class is expected to be the first lithium/hybrid car on the market late this year.
Rockwood, through its German subsidiary, Chemetall, produces lithium from brine lakes at Santiago Salar de Atacama in Chile and from a mine in Silver Peak, Nevada.
Chemetall has a 50 percent share of the global market for lithium and 30 percent for lithium carbonate, which is used for battery manufacture. It produced 27,000 tonnes of lithium last year and is increasing production to about 33,000 tonnes next year and 40,000 tonnes by 2015. Current global demand is 16,000 tonnes per year, or 84,000 tonnes of lithium carbonate.
WASHINGTON WEIGHS IN
This week, the Obama administration announced new vehicle emission standards that come into effect by 2016 and the rules are seen as favoring hybrid and electric vehicles.
Analyst David Begleiter, of Deutsche Bank North America, said lithium for use in all kinds of batteries -- auto, laptop and other consumer products -- accounted for about one-third of Rockwood's $3.4 billion revenue last year
.
"There is no question (new emission regulations) will be very beneficial for Rockwood, although it depends on what happens with EHV (Electric Hybrid Vehicle) production increases and lithium carbonate pricing. But they all suggest material benefits for Rockwood."
Begleiter said Rockwood and SQM have some of the world's best lithium reserves.
"I don't believe there is a problem with supply," he said, although ramping up production might be slow because it takes up to 18 months for water to evaporate in brine ponds allowing the lithium to form.
Michael Harrison, an analyst at First Analysis Securities, said lithium would be a long-term driver for Rockwood.
"There is no question the long-term trend is toward lithium-based batteries, but it depends on what kind of demand there is," he said. "It is clear to me that regulatory moves on fuel efficiency are going to help make electric cars a reality."
Harrison said current hybrids and electric cars mostly have nickel-based batteries, but he expects to see more cars with lithium batteries by 2011-2012.
THE ANTI-LITHIUM CAMP
Not all analysts were uniformly cheery about the outlook for lithium or its major producers.
Analyst Ben Johnson of Morningstar voiced skepticism about new cars giving lithium producers a boost.
"It's a clear positive on the supply side as a small handful of players control lithium resources," he said.
"Lithium is not abundant by any means and future resources will be more difficult to exploit. On the demand side, key sources of demand like consumer electronics have been very weak recently, but longer-term, cyclical headwinds will fade or normalize.
"I am not jumping into the pool party that lithium is the be-all and end-all of transport fuel for the future. It's too early to say," Johnson added.
William Tahil, research director of Meridian International Research, an independent consultancy specializing in renewable energy, is not convinced lithium is the answer.
"Lithium Ion batteries are rapidly becoming the technology of choice for the next generation of electric vehicles," he noted in a research paper titled "The Trouble with Lithium."
To achieve the required cuts in oil consumption, a significant percentage of the world's automobile fleet of 1 billion vehicles will be electrified in the next decade, he said. Ultimately, all production, currently 60 million vehicles per year, will have to be replaced with electrified vehicles.
"There are insufficient economically recoverable lithium resources available to sustain electrified vehicle manufacture in the volumes required, based solely on LiIon batteries.
"Depletion rates would exceed current oil depletion rates and switch dependency from one diminishing resource to another. Concentration of supply would create new geopolitical tensions, not reduce them," Tahil wrote. (Reporting by Steve James; editing by Patrick Fitzgibbons and Andre Grenon)"

Friday, May 22, 2009

Lithium: World's fastest electric bike. TNR.v, SQM, ROC, GOOG, AAPL, RIMM, DAI, NSANY, GM, F, BYD, TTM, HUI, XAU, RM.v, WLC.v, CLQ.v, FXI, ESLR, OIL,

Maybe not these ones will become a consumer hit, but further down the road we will have additional demand for Lithium from places like China. Indonesia and Vietnam. Electric Bikes there are much cheaper and already taking the roads.
SUN in UK as FOX here can not be ignored, when they are screaming about something.
"Frank Jamerson's Electric Bike Worldwide Reports 2009 predicts worldwide electric bike and scooter sales will, in a few years, approach 40 million units annually from 23 million in 2008. China is the dominant user of electric bikes but other markets, including Europe, are now expanding. Articles by executives of leading electric bike and scooter companies worldwide and by key government officials, from China, discuss the future of Light Electric Vehicles. The report includes 190 pages with 300 photos of product and technology."

"By BEN JACKSONEnvironment Editor
Published: Today

YOU want to junk the car, but you're just too lazy to cycle.
Then this might just be the answer - the world's fastest electric bike.
Already hugely popular in China, electric bikes are now available in the UK.
Strict rules governing vehicles in the UK mean they can not go faster than 15 mph on a public road or they will require road tax.
So although a special 'boost' button is available to rocket you to a top speed of 25 mph on private property, it won't be legal to use it in traffic.
The battery takes five hours to charge - which the manufacturers boast will cost a grand total of 7p - and let's you cover 20 miles.
The catch is that the new creation will cost £2,000 - which is not far from the cost of a new scooter. It is not the lightest either - with a lithium ion battery weighing in at 6kg.
But the creators of the A2B bikes believe they will help encourage consumers to have more thought for the environment.
There's no doubt that it will turn heads. It's radical design and virtually noiseless motor caused more than one pedestrian to do a double take in our road test.
Already 21 million bikes have been sold in China in the last year and they are becoming rapidly more popular in Germany.
Last week Charlie Lloyd, cycling development officer from the London Cycling Campaign, said he was sceptical about its use in London.
He said: 'The disadvantage is that you have to charge it and the battery tends not to last very long if you go fast and push them hard.
They are also much heavier than a bike and three or four times as expensive.'
There was confusion over whether the new bicycle would comply with UK legislation because of the 'boost' button - giving it a top speed of 20mph.
Simon Brimley.the service manager for Ultra Motor UK said yesterday: "This type of transport is still in its infancy and will get more and more powerful as it goes on. In just the same way as electric cars will develop."

Thursday, May 21, 2009

Hitachi Announces World's Highest Power Density Lithium Ion Battery. TNR.v, SQM, ROC, TTM, BYD, DAI, NSANY, GOOG, AAPL, RIMM, ESLR, WLC.v, RM.v, CLQ.v

John Doerr compares Green Energy to Internet and calls it Next Big Thing, Obama pushes eco standards for auto producers and Jim Cramer screams Buy SQM - Lithium producer.
Could it be any better then that? Big names are rushing in the hot sector and we are proud to be part of the Investment Opportunity of the centre according to GE CEO Jeffrey Immet with our investments in future of secure Lithium supply.
Automakers and Technological companies are securing their places in the Bull market of Green Mobility revolution and Electric car Lithium Race. We are positioning ourselves in Lithium Junior plays.


"Hitachi Announces World's Highest Power Density Lithium Ion Battery.

"New Hitachi battery offers 1.7 times more power while being smaller and lighter than previous generations
One of the key areas of research for alternative power sources for vehicles is in batteries. As batteries become more powerful, smaller, and lighter, the range of electric and hybrid vehicles will increase making them more viable alternatives for drivers.Hitachi is one of the companies pouring much research time and money into developing new battery technologies for the automotive and other industries. Hitachi Ltd. and Hitachi Vehicle Energy Ltd. announced a new battery development this week that offers the world's highest power density lithium-ion battery.The new fourth generation battery has 4,500W/kg power density; Hitachi reports that number is about 1.7 times the output of its mass production automotive lithium-ion batteries currently in use. The company says that the new batteries will be sampled to domestic and overseas carmakers starting this fall.The impressive gains in power output for the new battery are thanks to a new manganese cathode and a Hitachi original battery structure. The original structure uses thinner electrodes, a new power collection method, and more effective configurations.The battery technology could also see adoption by the consumer electronics industry as a replacement for current notebook and cell phone batteries. Hitachi is currently delivering a lithium-ion battery for the automotive and railway industry that offers 2,600 W/kg power density.A third generation lithium-ion battery that has a power density of 3,000W/kg will go into mass production in 2010.In automotive applications, lowering the weight and size of batteries is as important as higher power densities. Longer driving ranges can be realized on electric and hybrid cars like the Toyota Prius by reducing weight and/or improving the power density of batteries."

Wednesday, May 20, 2009

Lithium: John Doerr on CNBC: I like to compare green energy to the Internet. TNR.v, SQM, DAI, NSANY, TTM, BYD, GM, F, GOOG, AAPL, RIMM, OIH, OIL, HUI,

Will Fisker Karma be driven by our Lithium one day, we do not know,
but thank you Mr Doerr for your encouragement. Maybe our Green Dreams will become part of your portfolio as well.



John Doerr, Partner of Kleiner, Perkins, Caufield & Byers on CNBC.


“I like to compare green energy to the Internet,” said Doerr. “In 15 years, the Internet grew from nothing to a trillion-dollar economy with 1.2 billion users. For the energy economy, it’s much larger—it’s a 6 trillion dollar economy and 4 billion people use energy every day around the world, [so] it could be the largest economic opportunity of this century.”
Doerr emphasized the importance of government role and said the cooperation between government and private capital is “what we have to have happen to innovate energy around the world.”

For our Next Big Thing important his following remark: "Make sure we did not trade oil dependence on battery dependence from Asian producers"


How can we get these kind of guys into our Lithium dreams to make them really Big?


"John Doerr is a partner at Kleiner Perkins Caufield & Byers. Together with KPCB's partners, John has backed many of America's best entrepreneurial leaders, including:
Larry Page, Sergey Brin, Eric Schmidt: Google [GOOG]
Jeff Bezos: Amazon [AMZN]
Scott Cook, Bill Campbell: Intuit [INTU]
Andy Bechtolsheim, Scott McNealy, Bill Joy, Vinod Khosla: Sun [SUNW]
And the founders of Compaq, Cypress, Macromedia and Symantec
These ventures have created more than 150,000 new jobs.
In 1974 John joined a small chipmaker, Intel, just as they invented the legendary 8080 microprocessor. (He feels he was very lucky, in the right place at the right time). He worked in engineering, marketing and became a top-ranked sales executive.
John joined KPCB in 1980 and soon started Silicon Compilers, a VLSI CAD software company, and @Home, the first broadband cable Internet service.
Eric Schmidt calls John "one of Google's best board members." And Jeff Bezos says, "Doerr (and Kleiner) is the center of gravity in the Internet." John has also been part of several big failures, most famously GO Corporation, chronicled by Jerry Kaplan in the book "Startup".
John is passionate about:
Green technology innovation and policy entrepreneurs to help fight global warming
Internet/web ventures with strong network effects
Building a new open nationwide wireless network
Breakthroughs to prevent pandemic avian flu and global infectious disease
Your vision for TNBT (The Next Big Thing)
He also cares a lot about public education, global poverty/health, medical research and women as leaders. John is backing exceptional social and policy entrepreneurs including:
Ted Mitchell and Kim Smith, as co-founder of NewSchools.org
Lezlee Westine, John Chambers and Jim Barksdale, as cofounder of TechNet.org
Al Gore, The Alliance for Climate Protection, Climateprotect.org
Reed Hastings, EdVoice.org
Muhammed Yunnus, Grameen Foundation USA, Grameenfoundation.org
Bono's DATA.org
Walter Isaacson, Aspen Institute
Susie Mathieu and Dean Kamen FIRST Robotics, usfirst.org
Recent talks include:National Governor’s Association SpeechTED 2007 - "Not Enough"Rice University 2007 Commencement AddressKPCB Greentech Innovation Network 2007– “Conversation with Al Gore and John Doerr”
John is a techie and inventor, holding patents for computer memory devices. He earned a BS and MS in Electrical Engineering from Rice University and an MBA from Harvard.Learn more about John…"






Is stolen Sunshine Mine found and returned back to Sterling Mining? MSV.to, SRLQE.ob, CDNX, HUI, XAU


Well done Dr Cai and Judge Myer's! Does it mean that honesty is still protected? Will Minco Silver MSV.to aqcuire Sterling Mining SRLM.ob (before bankruptcy) and its shareholders will get at least something? We do not know, but guys from SNS Silver were held at the table with double Deck with this ruling and all story smells like a robbery attempt if will not be appealed. Chicago style hat tricks are not very common even in Wild West Junior Mining and particularly Al Korelin is not getting well into this picture with his reputation. We hope that situation will be resolved in the nearest future with answers to our questions:

"Everything is getting even more interesting, when Minco Silver has declared:
Minco Silver wishes to clarify and respond to Sterling's February 23, 2009 news release, in order to protect the value of the Sunshine Mine for the creditors and Sterling's shareholders, Minco Silver has offered on several occasions to step in and cure any potential defaults and to maintain the Sunshine Mine Lease in good standing including any applicable lease payments and to maintain a care and maintenance program. This offer by Minco Silver is still in effect.
Why nobody at Sterling used this opportunity
?"

Will shareholders of Sterling Mining bring criminal charges against its management and members of the Board, even for a couple of weeks as in this case according to Judge, in the end? We will monitor the situation. We have enough other risks in this business to encourage any Fast Track to Riches guys in any way:

from Doc. 131, Judge Myer's Decision to approve assumption of the lease:

" 7 The executive and senior management level of the mining companies in the Silver Valley of northern Idaho is evidently a rather small group and the individuals well known to one another. Mining company management is also apparently quite fluid, at least based on the testimony at this hearing, with individuals frequently changing employers and boards changing directors. Certain of these transitions are noted in this Decision.
12 Grundman testified he “resigned” from SPMI immediately prior to joining Sterling’s board in January, 2009. He also resigned from Sterling’s board shortly before the March 3 bankruptcy filing. Grundman joined the SNS Silver board shortly after an SPMI-SNS lease for the Sunshine Mine, Ex. 104, was signed on April 13, 2009.
18 According to the February 17 minutes, Ex. 206, Greenway was a Sterling director. The February 19 minutes, Ex. 207, show Greenway as a “guest” and note he is the president and CEO of SNS Silver Corporation. Those February 19 minutes note Greenway resigned from the Sterling board on February 18 because of potential conflict of interest issues between Sterling and SNS Silver. Id."

It is some kind of a joke, we have seen it before a few times - question for SNS Silver shareholders: was the Sunshine Mine prise to big too miss or it a business as usual for these guys?



"Minco Silver Announces Court Ruling on Sunshine Mine Lease
On Wednesday May 20, 2009, 8:52 am EDT
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--May 20, 2009 -- Minco Silver Corporation (the "Company" or "Minco Silver") (Toronto:MSV.TO - News) announces that on May 15, 2009 the US Bankruptcy Court, District of Idaho (the "Court") released its Memorandum of Decision on Sterling Mining Company's ("Sterling") motion to assume and cure the lease of the Sunshine Mine of June 6, 2003 (the "Sunshine Lease") between Sterling and Sunshine Precious Metals, Inc. ("SPMI") and a motion to approve a post petition financing proposed by Minco Silver.
The Court ruled in favor of Sterling that the Sunshine Lease was not terminated pre-bankruptcy and granted Sterling the right to assume and cure the Sunshine Lease and reacquire the Sunshine Mine.
The Court approved the Company's proposal to provide Sterling with up to US$1,000,000 secured post petition financing under a credit facility to cure any defaults of the Sunshine Lease as ordered by the Court and to meet administration expenses and expenses associated with the continued care and maintenance of the Sunshine Mine.
Minco Silver's Chairman and CEO, Dr. Ken Cai, commented: "It has been a long road, we are very happy with the Court's decision. The Sunshine Lease is a major and valuable asset of Sterling and is Minco Silver's main security for the US$5 million Loan provided to Sterling. We are committed to protecting our investment in Sterling and our shareholder value."
About Minco Silver
Minco Silver Corporation (Toronto:MSV.TO - News) is a TSX listed company focusing on the acquisition and development of silver dominant projects. The Company owns 90% interest in the world class Fuwan Silver Deposit, situated along the northeast margin of the highly prospective Fuwan Silver Belt.
ON BEHALF OF THE BOARD
Dr. Ken Z. Cai, Chairman & CEO
Certain terms or statements made that are not historical facts, such as anticipated advancement of mineral properties or programs, productions, sales of assets, exploration plans or results, costs, prices, performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to; metals price volatility, volatility of metals production, project development risks and ability to raise financing. The Company undertakes no obligation and has no intention of updating forward-looking statements."

Lithium: Green Mobility Revolution is happening fueled by Rebates and Tax Cuts. TNR.v, SQM, DAI, NSANY, TM, BYD, TTM, WLC.v, RM.v, CLQ.v, GOOG, RIMM,

Governments around the world are charging our Next Big Thing with Rebates and Tax cuts. Hong Kong and London are busy building infrastructure and better place is promising all cars to be Electric in a few years time. This guys must be sitting on overdose of Lithium, but our Green Mobility revolution is happening. When strained consumers during recession are voting by their precious cash for Green Alternatives - it is for real and called consumer acceptance. Our Bull market is getting more and more economic incentives to happen fast and big.


"Toyota buoyed by orders for new Prius
By Jonathan Soble in Tokyo
Published: May 18 2009 18:32 Last updated: May 18 2009 18:32
Toyota dealers in Japan received 80,000 orders for the latest version of the carmaker’s Prius petrol-electric hybrid ahead of its official launch on Monday, a much higher volume than expected as the company had cut prices to fend off a challenge from its emerging green-car rival Honda.
Incoming Toyota chief Akio Toyoda at the launch in Tokyo of the third-generation PriusThe enthusiastic response to the third-generation Prius, which Toyota will begin selling outside Japan in a few weeks, appeared likely to propel it to the top of the domestic sales rankings – a feat achieved for the first time by a hybrid last month, when Honda’s revived Insight became Japan’s best-selling full-size car.
Toyota has dominated the hybrid segment since it introduced the Prius in 1997, but its engineers have called the Insight, a redesigned version of a car Honda had scrapped in 2006, its “first real competition”. Honda is offering its car for Y1.89m ($19,600) for the most basic version, the lowest price yet for a dual-powered vehicle.
Falling prices for hybrids reflect increased competition as well as higher production volumes. Toyota said it hoped to sell between 300,000 and 400,000 Priuses this year and 500,000 to 600,000 of all its hybrid models, a number that would make up close to 10 per cent of its expected sales.
Toyota and Honda are hoping the increasing popularity of green vehicles will reverse a two-decade slide in Japanese car sales, which has worsened sharply with the current global recession, pushing both carmakers into unprecedented losses in the March quarter.
Introducing the new Prius at a launch ceremony on Monday, Akio Toyoda, Toyota’s incoming chief executive, said the company had set a domestic sales target of 10,000 cars a month. Actual deliveries could run at twice that rate, however, as executives said they hoped to fill the 80,000 pre-launch orders in about four months.
Toyota’s sales target is double Honda’s monthly goal for the Insight but roughly equal to Honda’s actual sales of 10,481 Insights last month.
Toyota is offering the new Prius at a starting price of Y2.05m, more than the Insight but less than the cost of the previous Prius and about 15-20 per cent below what it had originally planned to charge. Newly introduced tax breaks and other incentives on low-emission vehicles make the effective cost for Japanese drivers several hundred thousand yen lower.
Analysts said Toyota was sacrificing already thin profit margins on the car for the sake of preserving its market share."

Roxmark Mines RMK.v: Premier Gold drill 3.4 m of 23.33 g/t Au - CONTINUED HIGH-GRADE GOLD IN THE EP ZONE TARGET RMK.v, PG.to, CDNX, HUI, XAU, GDX, GG

It is our Junior Mining Investment Cycle in action.
What is the game here? Is it the best kept secret in Ontario? Deposit is in Canada, Gold and growing in size. Results are better and better, resource estimation is coming, strong J/V partners with 4 drills turning now is making it so different to other sleeping beauties among Juniors - but share price is glued to 0.1-0.12CAD range and is not running up with the gold above 900? We do not mind to buy more at this level with this kind of results: Technicals even with recent selling are still strong. Cup and Handle: consolidation pattern before significant move Up. Stock is above MA50, momentum indicators are neutral, next resistance is at 0.125CAD, then 0.15CAD and 0.2CAD. Question is still open how much Premier Gold PG.to is willing to pay for 30% to consolidate the Deposit?
PREMIER GOLD MINES LIMITED (TSX:PG) is pleased to provide an update of developments and future plans with respect to the Company's Hardrock Project in Northwestern Ontario. The current program, consisting of delineation and exploration drilling, will continue throughout 2009 and is expected to result in an NI 43-101 compliant resource estimate by year end. Drilling is targeting both open pit and underground style gold zones. Significant potential exists for developing resources in several areas including:
Open pit-style mineralization at sites where historic resources were partially delineated by previous operators, in addition to newly defined mineralization at the Tenacity, EP and Kailey Zones;
Numerous surface and historic high-grade gold intercepts throughout the large property package that have received little to no follow-up;
Historic resource blocks reported to remain within the mine workings, including high-grade vein targets; and,
The main mined zones which remain open below the 600m Level.OPEN PIT ZONESDrilling continues to identify near-surface mineralization contained within multiple zones. Results from drilling at the Kailey Zone, discovered in 2008 by Premier, and at the newly defined EP and Tenacity Zones, suggest the potential to confirm significant resources amenable to open pit mining. Kailey ZoneThe Kailey Zone was discovered by the joint venture in 2008. This zone consists of stringer-type mineralization discovered proximal to the historic Little Long Lac Gold Mine that has been traced over a strike length of several hundred metres with drill intersections that include 1.47grams per tonne gold (g/t Au) across 162.0 metres (m) and 2.16g/t Au across 92.2m. The Kailey Zone will be included in the upcoming resource estimate. EP-ZoneThe EP-Zone has been identified as a potential high-grade open pit target in the vicinity of the historic North Zone, from which 2.97 Million tonnes of ore was mined at a recovered grade of 7.54 g/t Au. Initial drilling has intersected mineralization in multiple sub-zones within the EP target over a strike length of 600 metres where it remains open in all directions. Highlights to-date include 7.60g/t Au across 20.5m in hole EP044, 2.37g/t Au across 62.7m in hole EP026, and 4.56g/t Au across 24.5m in hole EP029.New results that include 23.33g/t Au across 3.4m in hole EP048, 4.17g/t Au across 29.0m in hole EP053 and 5.66g/t Au across 9.8m in hole EP058 continue to expand mineralization within the confines of the target area at EP. Table 1 summarizes new assay results from drilling at the EP-Zone:
The EP Zones are modeled in 3D and the present interpretation shows good continuity in plan and section for three separate sub-zones on the North Limb as well as three on the South Limb EP Zone. These sub-zones occur as replacement mineralization conformable to individual iron formation units and remain open on-strike.Tenacity ZoneDrilling at the Tenacity Zone has defined potentially open pit-style mineralization over a minimum strike length of 500 metres. The Tenacity Zone, which remains open at depth (down-plunge), contains "shoots" of higher-grade mineralization that could be amenable to underground mining and will be the focus of future drilling on this zone. Highlights to date include 15.97g/t Au across 32.1m in hole TN026, 4.13g/t Au across 18.9m in hole TN011, and 16.86g/t Au across 5.5m in hole TN025. A full table of new assay results from Tenacity is expected in the near future.UNDERGROUND ZONESCompany representatives have recently completed a compilation of known data from the Project area, resulting in the identification of numerous highly prospective drill targets. Drilling has moved towards delineating potential resources in close proximity to existing mine workings. These targets include the South Porphyry Zone ("SPZ"), the "F2 Zone" and High Grade Vein Zones ("HGV") identified on several mine levels. SPZThe South Porphyry Zone was mined at Hardrock between the 3rd and 6th Levels, with 264,354 tonnes (291,428 Tons) of ore mined at a recovered grade of 8.37g/t Au (0.244 oz/t) between the 3rd and 6th mine Levels. Significant potential to define resources exists within the unmined down-plunge extension of the SPZ. This is indicated by numerous underground drill intersections of up to 14.06g/t Au across 11.2m, 13.03g/t Au across 15.7m, and 8.91g/t Au across 8.2m over a plunge length of nearly 3 kilometres (8,500 feet).F2 ZoneThe F2 Zone is located under the Main F Zone from which 1.438 Million ounces of gold was mined. Intermittent underground drill intercepts over a plunge length of some 600 metres (2,000 feet) partially define this zone with intercepts that include 14.74g/t Au across 7.6m, and 7.30g/t Au across 11.0m.HGV ZoneLittle effort was given to define narrow vein high-grade mineralization because the primary historic mining method at Hardrock was from underground longhole, Production cost pressures in a low gold price era rendered these zones less favourable despite the fact that high-grade intersections were realized in numerous areas. Recent compilation work has identified the potential to define what appears to be continuous veining over a plunge length of some 1,100 metres (3,800 feet). Intersections up to 112.5g/t Au (3.28 oz/ton gold) across 1.2m on the 7th Mine Level, 39.1g/t Au (1.14 oz/ton gold) across 1.2m on the 10th Mine Level, 12.7g/t Au (0.37 oz/ton Gold) across 2.9m on the 11th Mine Level and 88.5g/t Au (2.58 oz/ton gold) across 1.5m on the 13th Mine Level all demonstrate the potential for high-grade vein-style mineralization at Hardrock. This style of mineralization is similar to that mined at two nearby mines located on the Hardrock Property; the Little Long Lac Mine (past production of more than 600,000 ounces of gold at an average recovered grade of 11.66g/t Au) and the Magnet Mine (past production of more than 150,000 ounces of gold at an average recovered grade of 14.4g/t Au).The Hardrock Project is operated under a joint venture with Roxmark Mines Limited (TSX-V:RMK) (Premier earning a 70% interest). The Hardrock Project is host to several past-producing mines which collectively produced nearly 3.0 Million ounces of gold primarily from relatively shallow depths (600 metres) from 1938-1968. Importantly, the Hardrock Project has the potential for defining several styles of mineralization capable of hosting resources, with grades and widths similar to many of Ontario's major gold mines including Open pit-style mineralization with grades exceeding 1.5 g/t Au (Timmins, Hemlo), broad zones of mineralization with grades averaging 5.0+ g/t Au (Musselwhite), and narrow vein zones with higher gold grades often exceeding 7.0g/t (Red Lake, Pickle Lake). The Hardrock Project benefits from development advantages with the Trans-Canada Highway, Trans-Canada Pipeline, and major power lines running through the center of the property. Stephen McGibbon, P. Geo., is the Qualified Person for the information contained in this press release and is a Qualified Person within the meaning of National Instrument 43-101. Assay results are from core samples sent to Activation Laboratories, an accredited mineral analysis laboratory in Thunder Bay, Ontario, for preparation and analysis utilizing both fire assay and screen metallic methods.Premier Gold Mines Limited is a well financed Canadian-based mineral exploration and development company with several projects and deposits in Northwestern Ontario and a joint venture in Mexico. In the Red Lake gold mining camp, two of these are operated in joint venture with Red Lake Gold Mines. The company also owns a strategic project located on the main Musselwhite Gold Mine trend and recently acquired mineral properties in Geraldton area from Barrick Gold."


Fortuna Reports Record Revenue of US$ 8.98 Million and a Production Cash Cost of US$ 0.10 /oz of Silver in Q1 2009. FVI.v, CDNX, SLV, HUI, XAU, SSRI

Technically we have a very positive picture here: MA50 at 1.02CAD must be challenged first and then 1.25 - 1.5 at resistance is open with gap weekly to 2.0CAD. All momentum indicators are positive.
We are monitoring situation with Mexico: who will consolidate the game there? Pan American Silver PAA.to has moved into J/V with Orko Silver OK.v. Will Fortuna Silver FVI.v become a prey or continue to be a predator? Avino Silver and Gold Mines ASM.v is doing nothing now and it is not an option in this market, Esperanza Silver EPZ.v has interesting property in Mexico as well.
Pay attention, please, to cash cost of production in Q1 $0.10 /oz, that is why Silver above 14 $/oz is beating swine flu scare even in Mexico. If our long term analyses about the Gold and Silver next move is correct, it could be the last chance to accumulate cheap shares in Mexican Silver plays this Summer.
May 19, 2009
May 19, 2009: Fortuna Silver Mines Inc. (TSX.V: FVI / Lima Exchange: FVI) - is pleased to announce that it has filed its financial statements and MD&A for the three months ended March 31, 2009. The full documents are available on SEDAR and have also been posted on the Company's website at http://www.fortunasilver.com/.Change in Reporting CurrencyEffective January 1, 2009, the Company changed its reporting currency to the US dollar. The change in reporting currency is to better reflect the Company's business activities and to improve investors' ability to compare the Company's financial results with other publicly traded businesses in the mining industry.First Quarter 2009 highlights
Historic record sales of $ 8.98 million compared to $ 6.81 million Q1 2008
Operating cash flow before changes in non-cash working capital items of $ 4.23 million compared to $ 2.61 million Q1 2008
Net loss of $ 1.06 million compared to net loss of $ 0.64 million in Q1 2008
Cash position and working capital as at March 31, 2009 were $ 27.02 million and $ 32.59 million respectivelyJorge Ganoza, President, CEO and Director, commented, "The Fortuna team has delivered another quarter of continued achievement with record sales and record silver production. Silver now represents 49% of revenue at a cash cost per oz of $0.10 net of by-product credits. We remain on target to achieve our forecast production of 1.6 million pure silver ounces for 2009. Through continued increments in efficiency, throughput and head grades Fortuna now clearly ranks amongst the lowest cost silver producing companies."
Financial ResultsDuring the first quarter of 2009, the Company generated record quarterly revenue of $ 8.98 million compared to $ 6.81 million over the same period in 2008. The volume of concentrate sales during the first quarter of 2009 was 77% more than the same period in 2008. The significant increase in sales is the result of the Company's investment plan over the last two years in mine development, processing plant expansion and infrastructure. Mine operating income in the first quarter of 2009 was $ 3.41 million compared to $ 2.30 million over the same period in 2008. This improvement, in spite of significantly lower metal prices, is a consequence of an increase in throughput, head grades, recoveries, and lower operating costs. Operating income for the first quarter of 2009 was $ 0.08 million after deducting $ 0.35 million of stock-based compensation charges and $ 1.08 million of a write-off of deferred exploration costs. The operating income for our Peruvian subsidiary, operator of the Caylloma mine, was $ 2.42 million.Operating ResultsIn the first quarter of 2009, the Caylloma mine achieved significant increments in metal output with respect to both, the previous quarter and the corresponding quarter in 2008. Silver production was 384,339 ounces; 32% increase over Q4 2008 and 174% increase over Q1 2008. Lead production was 2,645 tonnes; 5% increase over the Q4 2008 and 123% increase over Q1 2008. Zinc production was 3,152 tonnes; 6% increase over Q4 of 2008 and 52% increase over Q1 2008.The Company is for the first time reporting cash cost per ounce of payable silver at Caylloma since the impact of silver in the revenue stream is 49%. The cash cost for Q1 was $0.10, net of by-products lead and zinc.Cash cost per tonne of treated ore for Q1 2009 was $44.37 compared to $49.97 for the corresponding quarter of 2008. The corresponding unit net smelter return (NSR) was $91.00 per tonne.The average throughput rate for Q1 2009 was 1,050 tpd. The expansion project for the processing plant was concluded 15 days ahead of its scheduled start-up and since mid April, the plant is processing ore at a rate of 1,200 tpd. The newly added copper circuit went into production in the last week of April and it is currently undergoing a normal tuning and balancing period. San Jose ProjectThe Company has concluded metallurgical tests for the project with Metcon Research of Tucson, Arizona and is advancing with feasibility level engineering studies for the development of the San Jose deposit. Engineering contracts were awarded in February for mine design, process plant design, tailings dam, water and power.On April 16th, the Mexican federal regulatory agency for electricity accepted the feasibility study for the energy project and granted permission to connect to the national power grid for up to 5 MW of power. The Company also submitted the "Manifiesto de Impacto Ambiental" to the Mexican environmental authorities on April 3rd. Fortuna Silver Mines Inc.Fortuna is a growth oriented, silver and base metal producer focused on mining opportunities in Latin America. Our primary assets are the Caylloma Silver Mine in southern Peru and the San Jose Silver-Gold Project in Mexico. The Company is selectively pursuing additional acquisition opportunities. For more information, please visit our website at http://www.fortunasilver.com/."

Tuesday, May 19, 2009

Lithium: BASF to develop 350-mile e-car 'super battery' TNR.v, SQM, DAI, TTM, BYD, GM, F, RIMM, GOOG, AAPL, ESLR, OIL, OIH, HUI, XAU, WLC.v, RM.v,

Who will win Lithium batteries race and make money out of best technology? We do not know and that is why we are choosing to invest in the New Oil - Lithium itself as a commodity for the 21st century.


"BASF to develop 350-mile e-car 'super battery'

Lithium-sulphur to rain on lithium-ion from great height
By Alun TaylorGet more from this author
19th May 2009 11:38 GMT
Leccy Tech German firm BASF and US company Sion Power have agreed to co-develop a battery technology with the potential to deliver five times the capacity of a conventional lithium-ion battery of the same size.
The battery is based on lithium-sulphur chemistry, which Sion’s been tinkering with for some time. Now it's time to take the technology and put it to practical use.
Enter BASF, and a partnership designed to “accelerate the commercialisation of Sion Power’s proprietary lithium-sulphur battery technology... for the electric vehicle market”.
Should we care? Yes, because Li-S batteries are said to have a very high specific energy density, roughly 2600Wh/kg. They're also said to perform better than lithium-ion batteries at low temperatures, and are made from cheaper and less toxic raw materials.
There are catches. Cycle life has always been one of the traditional problems with Li-S batteries. A 2600Wh/kg battery is a great idea on paper – but not if it will only take a charge 150 or 200 times before giving up the ghost.
This is BASF's role: to help address the lifespan problem while Sion continues working on upping the battery’s energy density.
Even a 500Wh/kg Li-S battery with a Li-ion life cycle would provide more than twice the energy density of existing EV batteries. This would open up the possibility of e-cars chugging for 350 miles, or further, on a single charge.
When it'll happen is anyone's guess - no further details about the project’s timescale have been released. ®"

Lithium: Boris Johnson has outlined his plans to turn Britain into the "electric car capital of Europe" TNR.v, SQM, DAI, TTM, BYD, GM, F, GOOG, AAPL,

Infrastructure is coming to support our mass market dreams for Electric cars, England will become a net importer of oil very soon and it will add more incentive to move forward. With prices for gas at around 1 pound per liter Electric Car economics will support our Bull market.

The scheme is expected to cost £60 million and work is due to start on charging points at Tube stations by the end of the year.
There are also plans to put refuelling facilities at car parks, offices and shopping centres.
The mayor made the announcement to mayors from other leading world cities at a climate change conference in the South Korean capital, Seoul.
The scheme is funded by the GLA, the government and the private sector, and is designed to cut carbon emissions by 60 per cent by 2025.
The mayor said that all new developments with more than five parking spaces will have to provide charging facilities for a fifth of their capacity.
It is hoped that there will be 25,000 charging points across London by 2015, which will serve 100,000 electric vehicles.
He said: "London has today launched a comprehensive plan to make the UK the electric vehicle capital of Europe.
"Car manufacturers are gearing up to make electric vehicles a common choice for consumers in just a few years' time.
"City leaders across the world must rise to the challenge of creating the right conditions to support their usage."
There will be "slow charging points" for overnight charging and "rapid charging points" at petrol stations, he promised".

Lithium: Daimler takes stake in US electric car maker Tesla. TNR.v, SQM, TTM, BYD, DAI, GM, F, GOOG, ESLR, RIMM, AAPL, WLC.v, CLQ.v, RM.v, FXI,


Electric cars became a serious game with serious players today. With Daimler we can be sure that driving will be smooth, safe and on offer will be not an Electric Vacuum Cleaner. We are coming to mass production of High End Brand Electric cars here. All the right things are said: Power of brand, Teslas's batteries technology multiplied by Daimler auto building history: safety, crash tests, mass production, speed to market and global sale force. Slow speaking Germans are taking Next Big Thing in their capable hands: it is not a speculation any more - they will make it a reality.
Important to notice: Lithium based batteries are the choice, they are safe and non toxic, suitable for land fill, but will never be there as they have a residual value.








"Associated Press
Daimler takes stake in US electric car maker TeslaBy MATT MOORE , 05.19.09, 08:34 AM EDT
The stake's value was not disclosed, but Weber said it was in the double-digit millions.
Thomas Weber, research and development chief at Daimler's Mercedes-Benz Cars unit, said the stake will let the two companies work more closely on developing better battery and electric drive systems for vehicles destined for the consumer market.
Tesla Chief Executive Elon Musk said in a statement that the partnership would help it bring the Tesla Model S car to production faster and "ensure that it is a superlative vehicle on all levels."
As part of the deal, Daimler vice president Herbert Kohler will take a seat on Tesla's board of directors.
Daimler, along with other automakers, is working on developing more battery and electric-powered cars. Earlier this year, it founded the Deutsche Accumotive GmbH, a joint venture with Evonik Industries AG.
Daimler has been testing a fleet of 100 electric-powered Smart fortwo cars in London and, later this year, will start production of up to 1,000 of the cars at its assembly plant in Hambach, France."