Gold in Canada: Goldstone Resources drills 44 m of 3.17 g/t Au at Key Lake GRC.to, PG.to, TNR.v, GG, NEM, ABX, NG.to, BVA.v, BVG.v, MXR.v, GBN.v, AMM.to, BTT.v, LAQ.v, GDX, HUI, XAU

 

"We have our own M&A candidates in Lithium and REE, Copper and Gold space on this blog, as well: Goldstone Resources is primed for take over by Premier Gold for its share in the growing Hardrock deposit, Tongling - Chinese Copper and Zinc giant is taking now more than 30% in the Canada Zinc Metals and TNR Gold with its recent cyber activity could be a target for its stake in Los Azules, according to some blogs:"

  

"Now Goldstone Resources is back to business and Hadrock deposit continues to grow. "Drilling at Hardrock continues to deliver strong results in multiple zones that are expected to add materially to our current gold resource." Share price is to follow."

   Very interesting: Goldstone Resources has  found another reason to be acquired by Premier Gold - 44m of 3.17 g/t intersection at "The Key Lake property is contiguous to the Premier Gold/Goldstone Resources Hardrock project where diamond drilling by the company's partner, Premier Gold Mines Ltd., has established a significant gold resource at surface as well as high-grade intersections at depth."

Goldstone drills 44 m of 3.17 g/t Au at Key Lake




2010-10-07 10:03 ET - News Release

Mr. Phil Cunningham reports

GOLDSTONE ANNOUNCES FURTHER KEY LAKE RESULTS

Goldstone Resources Inc. is providing the final results of its phase 1 summer drill program on the 100-per-cent-owned Key Lake property located just west of Geraldton, Ont.

The Key Lake property is contiguous to the Premier Gold/Goldstone Resources Hardrock project where diamond drilling by the company's partner, Premier Gold Mines Ltd., has established a significant gold resource at surface as well as high-grade intersections at depth.

All assay results have now been received for the first phase of drilling totalling 26 holes and 6,800 metres. Phase 2 of the Key Lake drill program, currently under way, continues to focus on finding near-surface gold mineralization amenable to open pit mining. The overall 2010 Goldstone drilling program is expected to total approximately 15,000 metres.

A summary of the latest results received is presented in the table.

Drilled

Hole No. Au g/t interval (m) From (m) To (m)

KL 10-11 0.95 3.4 168 171.4

KL 10-15 0.86 39.0 135 174

KL 10-16 0.51 80.0 186 266

KL 10-17 0.60 52.0 44 96

KL 10-18 1.43 17.0 178 195

KL 10-19 1.22 36.2 231 267.2

KL 10-20 0.93 9.0 83 92

KL 10-21 1.57 30.0 110 140

KL 10-22 3.17 44.0 132 176

Holes drilled were not in numeric order due to logistics and

planning. True width of the zone is between approximately

60 per cent to 85 per cent of drilled interval.

"These are encouraging results on which we will be actively following up between now and he end of the year," said Goldstone chairman and interim chief executive officer Philip Cunningham. "In the meantime, we continue to assess results from exploration on our Northern Empire and Leitch-Sand River properties in the Beardmore area."

About Key Lake

The Key Lake horizon has an approximate strike length of 2.5 kilometres. The initial phase 1 of drilling was concentrated on about a 1.5-kilometre strike length which hosted the former Jelex mine. Historic drilling by Cyprus in the mid-90s outlined a 40-metre-to-50-metre-wide zone of disseminated gold with a higher-grade core comprising a quartz-feldsapr porphyry. The initial drilling of Goldstone's program was aimed at twinning historical holes and filling in gaps along the corridor at 100-metre intervals.

The exploration program is managed by Goldstone Resources under supervision of Mike Kilbourne, PGeo, vice-president of exploration and the qualified person within NI 43-101 for Goldstone Resources. Mr. Kilbourne prepared this release and states: "Drill hole KL10-22 is one of the best intersections to date on the Key Lake property and is located 700 m west of the old Jelex mine in an area which has received little attention. Recent modelling of the entire drill data set will aid us tremendously in our phase 2 drilling efforts and increase our success rate." An additional 20 holes for approximately 3,500 m have been planned and are currently under way.

On-site quality assurance/quality control measures

All samples have been shipped to Actlabs preparation laboratory, an accredited mineral analysis laboratory in Geraldton, Ont. Analyses were performed using fire assays in the Actlabs laboratory in Thunder Bay, Ont. All core samples were selected by the Goldstone site geologist, and were cut in half by diamond core saw. Individual samples were labelled, placed in plastic sample bags and sealed. Groups of samples were then placed into durable rice bags that were secured by project security tags for shipping. The remaining coarse reject portions of the samples remain in storage at the Actlabs preparation laboratory storage facility in Geraldton as required in the event that further work is needed.

Independent quality assurance and quality control protocol

A quality assurance/quality control program has been implemented to monitor all assays from the current drilling program. Samples are assembled in numbered batches of 38 samples. Included in each batch of 38 samples are two certified reference standards, two laboratory duplicates, one blank sample comprising silica sand and one core duplicate sample. This quality control program was set up for Goldstone Resources by Tracy Armstrong, PGeo, of T.J. Armstrong Geological Consulting Inc. Ms. Armstrong is a qualified geologist in the provinces of Ontario, Quebec and British Columbia.

We seek Safe Harbor."



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Gold in America: TNR Gold Incorporates Ameri Gold to Advance Shotgun Gold Project in Alaska TNR.v, NG.to, CZX.v, ABX, GG, KGC, NEM, FCX, TCK, GRC.to, NGQ.to, SGC.v, AMM.to, GBN.v, BVA.v, BVG.v, ASM.v, RVM.to, KTN.v

 

"We hope that, finally, market will find out that TNR Gold has gold not only in its name, but holds now 100% of Shotgun Gold deposit in Alaska. With all recent cyber activity in the market we thought that there is no hope in justice for this junior and nobody will ever honor their word again. Nova Gold has proved us to be wrong here. We guess that such a deal took some time and we are raising our hat to the Nova Gold management, who fulfilled their commitment.

Even more, apparently, they can see the value and upside in all assets of TNR Gold in Gold, Copper, Lithium and REE. The deal is done with shares and warrants of TNR Gold. Nova Gold was holding the stake in TNR Gold before and now they have increased it just under 10%. Whoever has been shaken the tree with automated selling, he will not be able to get any more cheap shares in this junior. Management and insiders hold 50% of the company. Among other shareholders is another major - Barrick Gold. Canada Zinc Metals holds a strategic stake in the TNR Gold and Chinese Togling is buying now more than 30% in CZX.v In this light, trip to China will be very interesting: TNR Gold holds REE project in Canada: Big Beaverhouse and with all recent publicity around REE, we can expect some new developments here as well."

 

"Update:


TNR Gold agreement for Shotgun property




2010-10-08 21:41 ET - Property Agreement

The TSX Venture Exchange has accepted for expedited filing documentation of a purchase agreement dated Sept. 28, 2010, between TNR old Corp. and NovaGold Resources Alaska Inc. whereby the issuer will acquire a 50-per-cent interest (which when combined with interests already held by the issuer in the property, which will result in the issuer holding a 100-per-cent interest in the property) in the Shotgun property located in southwestern Alaska."


 

  Management of this company does not grow grass under its feet - TNR Gold is moving forward in advancing Shotgun Gold project, following their announcement about consolidation of 100% of Shotgun Gold deposit last week.

Ameri Gold Corp. could present a focused investment opportunity, with dedicated management team for the investment in the development of "a major gold asset" on American soil.

Very interesting people are joining the company, we will see how fast will they move in this Bull market with this very impresive gold asset.

Key Highlights:

• Acquires NovaGold's 50% interest in the Property to increase it's ownership to 100%;

• 6,000,000 shares and 3,000,000 warrants in the Company for consideration of NovaGold's 50% interest;

• Shotgun Ridge contains a Non NI43-101 historical resource of 980,000 ounces grading 0.93 g/t*;

• 210.5 metres grading 1.29 g/t Au at Shotgun Ridge indicates higher grade feeder zone open at depth; and

• $8 million spent on the project to date by the Company and previous operators.

"The Shotgun property is a major gold asset and the successful unification of a 100% interest translates into a significant increase in inherent value for the Company" states Gary Schellenberg, CEO -- TNR Gold Corp. "The current economic climate is ideal for the advancement of a project such as this and we look forward to the opportunity to realize its potential"

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advise on this blog and there is no solicitation to buy or sell any particular company here. Always consult with your qualified financial adviser before making any investment decisions.

TNR Gold Incorporates Ameri Gold to Advance Shotgun Gold Project in Alaska

Press Release Source: TNR Gold Corp. On Thursday October 7, 2010, 6:24 am EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 7, 2010) - TNR Gold Corp. (TSX VENTURE:TNR - News) is pleased to announce that it has incorporated a wholly owned British Columbia subsidiary, Ameri Gold Corp. ("Ameri Gold") which will focus on realizing the potential of its Shotgun Gold project in Alaska. It is another step in a process of maximizing assets' value for the shareholders of TNR Gold by unlocking the value of the Shotgun project in times of historic high gold prices.

TNR has appointed five directors to the board of Ameri Gold including Gary Schellenberg, Kirill Klip and Jerry Bella. Joining them on the board will be Robert A. Biagioni, C.A. and Ken MacDonald, P. Geo. Mr. Biagioni has been appointed as the President, Pamela Egan as the Chief Financial Officer and Secretary, John Hiner as Vice President, Exploration and Jerry Huang as Vice President, Corporate Development.

This structure will allow TNR Gold to optimize development of different projects with dedicated management teams within its vast diversified portfolio of projects in Lithium, Gold, Copper and Rare Earth Elements throughout Argentina, Canada, USA and Ireland. Further details of this transaction will be announced once they are finalized.

Board and Management Biographies of Ameri Gold Corp.

Gary Schellenberg, B.Sc. (Geology)

Executive Chairman of the Board

Gary is President of TNR and has been managing and financing public and private resource based companies for the past 20 years. This experience provides the Company with leadership and well defined corporate goals.

Mr. Kirill Klip, MBA

Non-Executive Chairman of Board

Kirill is the non-executive Chairman of TNR. He graduated with a management degree from St. Petersburg State University of Railways and an external degree of Masters of Business Administration in finance from both the International Business School in Moscow and Guildhall University in London. He has an extensive expertise in banking, transportation, mining, telecommunication, and internet industries and his insight has brought many companies to the next level. In addition to years of entrepreneurial and investment endeavours, he is also currently managing a portfolio of global assets.

Jerry Bella, CGA

Director

Jerry is CFO of TNR and a Certified General Accountant with over 20 years experience as a director and CFO of various companies trading on the TSX Venture Exchange. He oversees all the financial affairs of the Company on a day to day basis and works closely with other senior management members in meeting TNR's goals and objectives.

Robert A. Biagioni, C.A.

President & Director

From 1986 to present, Bob has been the President and Chief Executive Officer of the Corus Financial Group, which provides financial and operational management consulting services and corporate finance and M&A advisory services in the United States and Canada, primarily in mineral exploration, real estate, technology and manufacturing. Bob has held or holds senior financial roles with the HTM Group, the First Merchant Group, CoreQuest Exploration Group, Canadian Bioenergy Corporation, Katie Gold Corp., MDU Communications International, Inc., TelSoft Mobile Data Inc. (now MDSI Mobile Data Solutions Inc.) and Sand River Resources Ltd. (now Fortune River Resource Corp.). Prior to forming the Corus Financial Group, Bob was a senior manager with Peat, Marwick, Mitchell & Co. (now KPMG) in the firm's Vancouver office.

Bob received a B.Comm from the University of British Columbia in accounting and management information systems in 1979 and was admitted to the Institute of Chartered Accountants of British Columbia in 1981. Bob is also a member of the Institute of Corporate Directors, focusing on corporate governance education and issues.

Ken MacDonald, P. Geo

Director

Ken is a registered professional geoscientist with over 20 years of experience in the mining sector, including work as a consulting exploration geologist, as a senior project manager for a mid-tier engineering company; and as a senior permitting official with the BC government. Ken is currently the principal of Ridgeview Resources, a geological consulting company based in Prince George, and is a Qualified Person under NI 43-101.

Pamela Egan, CMA

CFO & Secretary

Pam is experienced in the financial management and regulatory compliance of dynamic organizations across Canada, private and public, with extensive experience in building financial systems and controls. She has held financial roles with Protox Therapeutics Inc., RADARSAT International Inc., CUC Broadcasting Ltd. (now Shaw Communications) and is currently the CFO and Corporate Secretary for Amato Exploration Ltd. Pam is a graduate of the University of Waterloo where she received her Bachelor of Arts in Economics in 1987 and has held the designation of Certified Management Accountant since 1992.

John Hiner, P. Geo

Vice President, Exploration

Mr. Hiner has more than 30 years of experience in worldwide resource exploration and management. Mr. Hiner has managed projects from the conceptual exploration stage to positive feasibility and finance level studies on proven deposits in South America, North America, and Africa.

John Harrop, P.Geo

Consulting Geologist

Mr. Harrop has been involved in many aspects of gold and base metal exploration for 24 years. He has international field experience in North, Central and South America. He also has substantial experience developing and implementing new technology, such as GIS and 3D geophysics, which can provide competitive advantages to exploration teams.

Jerry Huang, BBA

Vice President, Corporate Development

Jerry graduated with a Bachelor of Business Administration and has had a successful career in private and publicly traded companies in a marketing, service, and sales capacity. Prior to this appointment, he was a senior advisor with a major Canadian bank, generating over $40 million dollars of secured equity and investments in 2007. Jerry is currently completing his MBA at Sauder School of Business at University of British Columbia, specializing in Finance & Strategic Management.

Shotgun Project

The Shotgun project is located 175 kilometres south of Donlin Creek within the Kuskokwim Gold Belt in Southwestern Alaska, an area emerging as a world-class gold district hosting more than 40 million ounces of aggregated gold resources. The Shotgun project includes a number of prospects, including Shotgun Ridge and nearby Winchester. Donlin is an intrusion-associated system and represents one of the largest undeveloped gold deposits in the world. The Company believes that there are several key similarities between prospects in the Shotgun Project area and that of the Donlin Creek gold deposit as well as other intrusion associated deposits.

Previous work at Shotgun Ridge by NovaGold has estimated a historical resource of 980,000 ounces grading 0.93 gram per tonne (g/t) at a cut-off of 0.5 g/t(i).

The Company built on NovaGold's previous exploration work on Shotgun Ridge and a subsequent drill program in early 2006 reported a 210.5 metre intersection grading 1.29 g/t Au, which has led to the identification of two higher grade feeder zones and leaves the mineralization open at depth. This discovery intersection has yet to be followed up and an updated NI43-101 compliant resource has yet to be estimated. To date there has been 4,095 metres of drilling at Shotgun Ridge.

(i)(Not a NI43-101 compliant resource. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon. This resource estimate is quoted from the Technical Report on the Shotgun-Winchester Project, SW Alaska. 7 March 2008 and available on www.sedar.com).

The Winchester zone is an underexplored intrusion-associated gold prospect situated approximately 16 km south of Shotgun Ridge. The full extent of mineralized sills and dykes at Winchester is unknown since only 1.5 kilometres out of the 8 kilometre long ridge, host to numerous unexplained gold geochemical anomalies, has been explored in detail. Drilling during 2005 and 2006 identified gold-bearing sills in the eastern end of the Winchester zone. To date there has been 1,653 metres of drilling at Winchester.

Although the style of gold mineralization in sills at Winchester is quite different from the quartz-breccia stockwork that hosts the gold at Shotgun Ridge, the two prospects are geochemically very similar and are considered to be part of the same overall system. TNR believes a major structural axis, encountered in several drill sections, is critical to the mineralization and runs parallel to the ridge at Winchester. The next phase of exploration at Winchester will extend into the untested area along the ridge to the west in the direction of the structural axis.

The other two prospects that make up the Shotgun property are Shot and King. Shot contains some of the strongest geochemical anomalies on the Property and needs to be tested for similar mineralization to that found at Winchester. King includes several unexplained geochemical anomalies as well as a drill ready breccia zone.

John Harrop, P.Geo, is the company's qualified person on the project as required under NI 43-101 and has reviewed the technical information contained in this press release.

ABOUT TNR GOLD CORP. / INTERNATIONAL LITHIUM CORP

The Company is a diversified international metals exploration company focusing on the continued advancement of existing properties and identifying and acquiring new prospective projects. The Company has a portfolio of 18 active projects, of which 9 rare metals projects, including Mariana, will be transferred to the wholly owned subsidiary International Lithium Corp upon completion of a proposed plan of arrangement.

The objective of the proposed plan of arrangement is to spin out the Company's rare metals property interests into a separate public company, International Lithium Corp. This proposed plan of arrangement has been approved by the Company's shareholders and the courts of British Columbia. The Company will now proceed with the spin out and will provide updates on the progress of the spinout in further news releases. For further details of the spinout, please refer to TNR Gold news dated May 26, 2010, or visit International Lithium's website at http://www.internationallithium.com.

The recent acquisition of lithium, other rare metals and rare-earth elements projects in Argentina, Canada, USA and Ireland confirms the combined companies' commitments to generating projects, diversifying its markets, and building shareholder value.

On behalf of the board,

Gary Schellenberg, President

Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

CUSIP: #87260X 109

SEC 12g3-2(b): Exemption #82-4434

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

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  "Warren Buffett is endorsing new technology revolution: electric cars. BYD has its own challengers with growth and, maybe, it does not have the quality of Mercedes yet. But the price, again, is different and it is positioned in the market with enormous potential. This Warren Buffett's trip will bring a new wave of EVs marketing drive in China, where government is very serious about electrification of transportation. People will take notice about Buffett and Electric Cars. CNBC is on air with Buffett in China today as well. For us it is the very powerful combination: Warren Buffett, China and electric cars. Latest move by BYD into Lithium space in order to secure supply of strategic commodity confirms our observations and investment thesis. In our educational exercise on this blog we are privileged to learn from the Master himself."

Virtual video Tour Renault Paris 2010

 

  We saw the future and it is electric...Renault is the most aggressive one in speed to the market and pricing: Fluence will go at 22k euro after 5k euro state rebate and with lease for battery at 79 euro per month. The idea is that after state rebate in France this full size family sedan EV will be priced similar to "thermal one" - as they call it. No hassle with the battery - it belongs to Renault. At recent gas prices in Europe, running cost for lease of the battery and electricity will be the same as for CE car for average usage. Actual total ownership cost will be lower, when you take into account the after sale service. Situation will change dramatically with higher gas prices. We think that it is the game changer for EV mass market acceptance.

 

  Renault Fluence has lost in its design wow factor coming down from prototype to the production model, in our opinion, but it is solid family car and looks exactly like any normal car. We think that it is the special approach - keep the price down as possible and provide solid experience "as a normal car, but better".

 

  The better is the Lithium Drive - electric drive has a very special feeling. We have test drives with Mitsubishi iMiev, Renault Fluence and Nissan Leaf. All cars have a very high torque and very smooth drive, they are almost totally silent inside at the slow speed. iMiev with its price at 30k euro after rebate will struggle once Renault EVs and Nissan Leaf will hit the road. It is smaller and you have a feeling of a "special electric car", when you have to give something in order to be green. We think that the future is open for the models, which will provide "normal, but better" experience as the comparable CE model, but we could be wrong here - people could opt for urban transport solution as well. Renault is on top of the electric game now, in Europe at least.

 
  Renault Zoe has actually gained during product design cycle and pre production model looks just beautiful - we think it will be simplified as well, but hope that it will not lost its charm. Pricing was not provided at this point.

 

  Renault White Van will be a hit for the fleets - priced at 15k euro after rebate, lease for the battery will add another 70 euro per month and then you can enjoy your green brand credentials. 

   Renault Twizy is a pure fun, but with lithium batteries.

 

  Nissan Leaf is the most advanced one in terms of navigation interface and interior design. It will go under 30k euro after state rebate and you will own the battery here. Here you have a very functional car inside, which is little bit smaller than Renault Fluence, but with more attention to the technology and details inside - solid work from Japan designers. Total feeling is that you have still almost "normal car", but already with the future blended into it - it will win hearts of those who likes gadgets and would like to make a statement of EV ownership.

 

    Nissan Townpod is the new EV prototype from Japanese automaker.

  We have wrote today about obvious winners in Europe EV mass market among ready for the road candidates and will extend this article later.

Autoweek.com:

Paris auto show: Electric cars create buzz

By MARK VAUGHN

It seems just about every carmaker at the Paris motor show had an electric car on the stand, and some had nothing but electric cars. The show floor was buzzing with them.

Big manufacturers showed models with production possibilities while whacky little companies you've never heard of promised to revolutionize transportation with EVs as eclectic and diverse as human imagination.

The one that got the de facto Best EV of Show was the Renault DeZir. With scissor doors and a low, swoopy shape, as Renault said, "DeZir stands out as an illustration of the brand's commitment to more emotional styling."

That might be an understatement.

Perhaps more exciting than the styling is the DeZir's connection to production vehicles. It uses a motor and a 24-kilowatt-hour lithium-ion battery similar to that found in the Nissan Leaf but tuned for greater performance. Zero to 60 mph comes up in five seconds and top speed is 112 mph. All of that with a range of 100 miles. While the body is Kevlar and the frame is tubular steel, it is similar to the body used in the Megane Trophy race car. Same with the double-wishbone suspension front and rear. Imagine a Tesla built by Nissan/Renault for a price well below that of the Tesla's six figures. EVs would suddenly become cool.

Far less sexy but also Leaf-related was the Nissan Townpod, a rounded-off, Leaf-sized design study in EV chic. With hinged rear doors and a disappearing rear seat, the Townpod is a little more versatile than the Leaf. It's just a concept for now, but maybe it hints at a small electric commercial vehicle in Nissan's future. That's just our speculation. A couple Nissan Leafs (Leaves?) were also on hand.Kia Pop MARK VAUGHN

The Kia Pop concept is far less practical, with side windows that look like designer salvage bits from a '60s space pod and proportions of something you'd see in a petri dish. The chrome exterior and the three purple seats also help set it apart. Its 18-kilowatt-hour lithium-polymer-gel battery makes 68 hp and zwips it to a top speed of 87 mph.

As striking as the Pop was, it actually had some competition at the Paris show from the similarly wacky Peugeot Bbl, a strikingly proportioned EV that debuted last year at Frankfurt.

Another earlier debut also shown was the Citroën Survolt, a 300-hp, 150-mph, two-seat carbon-fiber racer first shown at Geneva but which has since been finished and driven by some Euro press members (and not, unfortunately, by us).

Mercedes-Benz is leasing its A-class E-Cell to select customers in Europe. A 36-kilowatt-hour lithium-ion battery pack powers the 95-hp motor and takes the E-Cell to a top speed of 93 mph, enough to safely traverse das autobahnen. Range is 124 miles. No U.S. plans were announced.

Mercedes also unveiled a new version of its Smart Fortwo electric car, this one with solar roof panels that Benz claims extend useful range by 10 percent.

The EV most likely to populate European streets first was the Mitsubishi i-MiEV, offered not only by Mitsubishi but by partners Citroën and Peugeot. The tiny four-seater is perfect for Parisian commuters with a small turning radius, short overall length, a decent range of 50 to 70 miles and a relatively lightweight 16 kilowatt-hour battery pack for efficiency. Peugeot and Citroën finally got decent, pronounceable names for the car, too: Peugeot calls its i-MiEV the ion and Citroën calls its version the C-Zero.

Mitsubishi said it wants to sell the car in 16 countries priced between 30,000 and 35,000 euros, which is higher than the U.S. price of less than $30,000 before the massive government rebates. U.S. buyers get their i-MiEVs in about a year.

Volvo showed an electric C30, of which it will make about 250 for mostly European fleet use by this summer. A few will make it to U.S. fleets. In keeping with the company's safety image, Volvo did full crash tests on five electric C30s, which had to be reconfigured to fit underbody battery packs and to swap out the usual front-mounted internal-combustion engine. All C30 EVs meet European NCAP safety standards. The battery pack is 24 kilowatt-hours, which should give it a range of more than 100 miles. Considering how cold it gets in Sweden, Volvo addressed the climate problem by including a separate heater that runs on ethanol. MARK VAUGHN Renault Twizy

Renault showed new and old versions of its ultra-stylish Twizy electric concepts.

Saab showed an electric 9-3 wagon called the ePower.

Tesla was on hand with a pair of roadsters.

And there were electric scooters from Mini, Smart and Peugeot.

Venturi unveiled an open-topped "buggy" version of its 300-plus-hp carbon-fiber Fetish electric roadster supercar first seen in 2004. Venturi plans to announce details of its Columbus, Ohio, engineering and production facilities at the Detroit auto show. The company's goals include vehicles more affordable than the Fetish's 300,000 euro price. Also on display was a Venturi land-speed car that hit 286 mph at Bonneville.

Then there was Hall 3 of the Porte de Versailles, which was packed with many, many offbeat, sometimes quirky interpretations of what an electric vehicle could be. Funding? Production? Crash testing? There were too many cars and carmakers here to sort through all those details. But we had a look at several of them.

We liked the Lumeneo Smera, a four-wheeled enclosed tandem two-seater, the front half of which leaned into corners like a motorcycle. The company also had a four-seater enclosed EV called the Neoma.

Tazzari Electric had several uprightly styled two-seaters. Matra had a GEM-like four-seater. We loved the looks and practicality of the Mega Multitruck EV. Ligier had several small commuter cars for use en ville as well as a large (relatively large) people hauler.

So whatever the future holds, at least part of it will be electric. We hope the fun and stylish cars we saw at Paris make it to our shores someday."

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Gold Fever: Canada's junior gold miners sparkle as M&A targets TNR.v, MAI.to, NG.to, ABX, GG, AND.to, GRC.to, NGQ.to, SGC.v, AEM, BVN, NEM, FCX, GDX, HUI, XAU, BVA.v, MXR.to, BVG.v, BTT.v, GBN.v

 We are in a new Bull market territory, with Gold moving up against all FIAT currencies.

 

  We have our own M&A candidates in Lithium and REE, Copper and Gold space on this blog, as well: Goldstone Resources is primed for take over by Premier Gold for its share in the growing Hardrock deposit, Tongling - Chinese Copper and Zinc giant is taking now more than 30% in the Canada Zinc Metals and TNR Gold with its recent cyber activity could be a target for its stake in Los Azules, according to some blogs:

"We hope that, finally, market will find out that TNR Gold has gold not only in its name, but holds now 100% of Shotgun Gold deposit in Alaska. With all recent cyber activity in the market we thought that there is no hope in justice for this junior and nobody will ever honor their word again. Nova Gold has proved us to be wrong here. We guess that such a deal took some time and we are raising our hat to the Nova Gold management, who fulfilled their commitment.

Even more, apparently, they can see the value and upside in all assets of TNR Gold in Gold, Copper, Lithium and REE. The deal is done with shares and warrants of TNR Gold. Nova Gold was holding the stake in TNR Gold before and now they have increased it just under 10%. Whoever has been shaken the tree with automated selling, he will not be able to get any more cheap shares in this junior. Management and insiders hold 50% of the company. Among other shareholders is another major - Barrick Gold. Canada Zinc Metals holds a strategic stake in the TNR Gold and Chinese Togling is buying now more than 30% in CZX.v In this light, trip to China will be very interesting: TNR Gold holds REE project in Canada: Big Beaverhouse and with all recent publicity around REE, we can expect some new developments here as well."

  We have found that Argentina and Mining 101 has provided an interesting view on modern M&A warfare and tools used in Canada, where illiquid small cap junior miners provide a fertile ground for potential share price manipulation. We must admit that looking at TNR Gold shareholders and its capital structure we can hardly believe that it could be true, but we better to provide you with all opinions, so that you can always make your own decisions. 

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advise on this blog and there is no solicitation to buy or sell any particular company here. Always consult with your qualified financial adviser before making any investment decisions.

 But back to M&A in the gold space - we have wrote about it before and the story is making its way to the headlines with every deal made. Junior miners will be the next driving force of this bull and every deal will attribute more value to the Gold oz in the ground.

"First Gold will make new all-time high, second will be M&A play: Majors will shop for Juniors with resources in the ground. Here is the double-game - Gold is moving up and Majors' production and Reserve Base is going down. If you like more leverage you are welcome to Silver market. Place to be is in stories will strong management, growing resources and stable political situations. Markets will be volatile by all means and political tensions will be driving this Gold Bull as well."

Reuters:

DEALTALK-Canada's junior gold miners sparkle as M&A targets


Mon Oct 4, 2010 8:06pm GMT


* High gold prices fuel record M&A activity

* Top producers pay up to $1,100/ounce in ground

* Juniors merge to make strong acquisition targets



(In U.S. dollars unless noted)

By Julie Gordon and Pav Jordan

TORONTO, Sept 16 (Reuters) - When junior miner Andean Resources (AND.AX: Quote)(AND.TO: Quote) sold itself to Goldcorp (G.TO: Quote) for C$3.4 billion ($3.3 billion) last month, it cashed out for about 100 times the amount it had invested in its flagship Cerro Negro gold project.

A host of Canadian gold juniors could pull off a similar feat over the next 12 months as big gold miners rush out to buy smaller companies that own reserves, instead of looking to make their own discoveries.

"Gold miners are just not finding any new gold, meanwhile, the demand is increasing," said Maison Placements analyst John Ing. "So the major gold miners are stuck on a treadmill."

"What we are seeing is that gold companies are paying premium dollars for ounces in the ground," he said. "It's faster and it's easy."

With gold prices seen rising throughout 2011, securing the next big reserve is essential for the top-tier miners.

That has the juniors jumping on the M&A bandwagon, as they look to make themselves more attractive as acquisition targets.

Last week, Gammon Gold (GAM.TO: Quote) offered $288 million to buy out Capital Gold (CGC.A: Quote), in a bid that strengthens its position as a leading Mexico-focused gold producer.

To secure Capital's resources, Gammon had to beat out a hostile bid from Timmins Gold (TMM.V: Quote), highlighting growing competition for viable reserves as gold prices hold their highs.

The Gammon-Capital deal combines the assets and exploration projects of two smaller companies to create the type of mid-tier player that will quickly come into the eager sights of the large-cap miners.

"The biggest gold companies were built by consolidating mid-sized gold companies with existing assets," said Dahlman Rose analyst Adam Graf, adding that companies need to keep acquiring new resources, or risk getting hit where it hurts.

"You've got a lot of big companies, that have a lot of tired assets, which are coming to end of life," he said. "Their costs are going to go up, and their production is going to go down."

Higher costs on lower production is exactly what Kinross Gold (K.TO: Quote) was trying to avoid when it paid $7.1 billion to buy Red Back Mining (RBI.SG: Quote) back in August.

The deal vaulted Kinross into an exclusive group as one of the top five gold miners in the world by market capitalization, and will bump 2010 production up 23 percent to 2.7 million ounces. The Toronto-based company is projecting 2015 gold production of about 3.9 million ounces.

Gold prices eased on Monday, after hitting a record high of $1,315.60 an ounce on Friday.

Meanwhile, mining-related mergers and acquisitions are happening at a record pace in 2010, with 40 percent of all global deals involving gold companies, according to PricewaterhouseCoopers.

Analysts say the price of gold coupled with the M&A climate has created a perfect storm that will likely send shares soaring for juniors like Guyana Goldfields (GUY.TO: Quote), Osisko (OSK.TO: Quote) and Aurizon (ARZ.TO: Quote), which are all sitting on major assets.

NEXT BIG THING

"I think there is a bunch of stuff to come in gold," said Dan Barclay, head of mergers and acquisitions, Canada, for Bank of Montreal (BMO.TO: Quote). "I think CEOs of gold companies believe prices are going to go higher."

Prior to its deal with Capital, Gammon was on the target list of promising junior miners for most companies in acquisition mode. Shares in the Halifax-based company have jumped over 36 percent in the past 90 days.

Toronto-based Guyana Goldfields has soared 55 percent in the same time period, with its flagship Aurora mine set to start production in the second half of 2012.

Meanwhile Osisko, which is in the process of developing its massive Malartic project in resource-rich Quebec, plans to be a million ounce per year producer by 2016, sending its shares up almost 35 percent in the last three months.

In the 90 days leading up to its plum purchase by Goldcorp, shares in Andean Resources rose about 73 percent, as positive numbers increased the allure of its 3.1 million ounce Cerro Negro project in Argentina.

While the project has the potential to lift its resource base by 50 to 70 percent, analysts have valued Goldcorp's bid for Andean at around $1,100 per ounce of gold reserves.

"The kicker here is the finding cost," said Ing. "Andean's cost of finding those 3 million odd ounces was only $15 an ounce."

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