Thursday, August 6, 2009

TNR Gold Corp. Closes 5,900,000 Units Private Placement TNR.v, CZX.v, SQM, FMC, ROC, WLC.v, CLQ.v, AVL.to, F, BYD, DAI, NSANY, TTM, TM, FXI, HUI, XAU,


We like to see when Juniors deliver on their promise. Looks like this time financing was easy - we are not alone preaching on Green Mobility Revolution, even Bob Moriarty has joined the camp recently. Chinese lead is the most intriguing for us in all this story, Gary Schellenberg is moving fast and Europeans behind the story apparently like his strategy: Non Executive Chairman of the company Kirill Klip is increasing his stake and extending shareholder base of the Junior - we can sense solid strategic planing for launch of the Lithium start up later this year. Last time we checked the guy was based in London and had a few impressive telecoms and banking projects behind his belt. His partners must be following the flow, according to insider filing they were buying all the way from recent low of 0.05CAD. They seem to have a long term horizon in investing and he is building this company accordingly. What other tricks Gary Schellenberg will show us this Autumn, how can he convince them that he has the goods? Insiders are accumulating even now and took this recent financing seriously to keep their hold on promising play. Now the company has money and properties to show that they are holding the goods for the Lithium rush.


We have mentioned before that we are biased here and will advise proper DD for everyone involved.


"Beijing will use its foreign exchange reserves, the largest in the world, to support and accelerate overseas expansion and acquisitions by Chinese companies, Wen Jiabao, the country’s premier, said in comments published on Tuesday."



TNR Gold Corp. Closes 5,900,000 Units Private Placement



TNR Gold Corp. (TSX VENTURE:TNR) ("TNR" or the "Company") is pleased to announce it has closed its non-brokered private placement previously announced on July 6th, 2009, and subsequently increased on July 20th, 2009, which has resulted in gross proceeds to the Company of $1,180,000 (the "Offering").The offering consisted of the issuance of 5,900,000 units of the Company (the "Units") at a price of $0.20 per unit for gross proceeds of $1,180,000 (the "Offering"). Each Unit consists of one common share and one-half common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company at a price of $0.30 for a period of twelve months from the date of closing.All securities issued pursuant to this Offering are subject to a 4-month hold period from the date of closing.


TNR's Non-Executive chairman Mr. Kirill Klip along with Canada Zinc Metals Corp, have subscribed for a significant portion of the financing along with other insiders and management.



Proceeds of the Offering will be used to fund the evaluation of TNR's Lithium and Rare Metal properties, implement the proposed spin-off of International Lithium Corp. and for general corporate purposes.



ABOUT TNR GOLD CORP.TNR is a diversified metals exploration company focused on identifying and exploring existing properties in Argentina and Alaska and new prospective projects globally. Upon approval of pending licences in Ireland, TNR will have a total portfolio of 32 properties, of which 16 will be included in the proposed spin-off of International Lithium Corp. It is anticipated that TNR shareholders of record will receive one share and one full tradable warrant of International Lithium Corp. for every 4 shares of TNR held as of the yet determined record date. This will result in TNR shareholders owning shares in both TNR and International Lithium. For further details of the spin-off please refer to TNR's April 27, 2009 news release or visit http://www.internationallithium.com/.


The recent acquisition of lithium projects in Argentina, 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, Chairman and CEO

Canada Zinc Metals Corp. Announces Normal Course Issuer Bid CZX.v, TNR.V, LUN.to, FXI, HUI, XAU, FCX, F, NSANY, DAI, TM, TTM, BYD, SQM, FMC, HUD.to,


With all summer hot plays in Lithium and REE it is easy to miss a dramatic move in Zinc, which is back above 0.8 USD/lb now. Our Reinflation play Canada Zinc Metals announced today that it is considered itself undervalued by the market and will buy back its shares. We are busy accumulating as well. Few points to mention for our catalyst value play this Autumn:


1. It is an aggressive M&A play with Chinese involved: Tongling payed 0.425CAD and Company can buy back at levels below 0.3CAD. It is almost as licence to print money and we are as close to our dream of ink factory for US Dollar printing press as we can get.


"From an investor’s perspective, the goal is to own what China needs and China needs metals. And strategically, it could be easier for China’s state-owned corporations to fly under the radar and buy or take positions in smaller foreign corporations rather than their larger cousins. We return to our long-term thesis: own quality junior exploration and mining companies with superior projects. Canaccord Adams"


2. It is an area play with Chinese, TEC Resources and Korea Zinc involved and region shaping into one of the Major Zinc deposits in the world, Canada's locations will add to the value down the road compare to lets say Afghanistan or Africa. Mr Lukas Lundin is back in play in M&A games as well with his Lundin Mining troubles behind him.


3. A lot of closed Zinc mines in the beginning of this year will never be opened again. It is more secure to start new production in safer area and with higher grades and to come back to number of operations worldwide. We are estimating explosive growth in the recovery phase in Cars production, including Electric cars and all relative infrastructure.


4. Management of CZX.v keeps all options opened and secured investment on our front runner this season TNR Gold TNR.v with its Lithium and REE International Lithium Corp. to be spin out later this year. With all Electric fever CZX.v wisely pointing to another ambitious play - TNR Gold Los Azules project.


"Los Azules is shaping into huge Copper deposit with NPV over 1 billion with Copper price above 2.1 USD/lb. Who knows better then Chinese where the commodity prices are going? We like to see that the company is not just sitting and playing on all these developments alone, but advancing its new Lithium and REE start up International Lithium Corp and preparing Alaska properties for Gold surpassing 1000 USD/oz."


FSC /




Announces Normal Course Issuer Bid Vancouver, British Columbia CANADA, August 06, 2009 /FSC/ - Canada Zinc Metals Corp. (CZX - TSX Venture), announces that it has filed a Form 5G with the TSX Venture Exchange ("TSXV") and received approval to purchase at market price up to 4,423,445 common shares, being approximately 5% of the Company's issued and outstanding common shares, by way of a normal course issuer bid (the "Bid") through the facilities of the TSXV. As of the date hereof there are 88,468,914 Common Shares of the Company issued and outstanding. The Bid will commence on July 31, 2009 and will stay open for 12 months. Canada Zinc Metals is engaging in a normal course issuer bid because it believes that the market price of its Common Shares does not properly reflect the underlying value of the Company. The purpose of the bid is to reduce dilution of the Company's shares and to enhance the potential future value of the Common Shares which remain outstanding, thus increasing long term shareholder value. Purchases connected with this Bid will be conducted through Canaccord Capital Corporation's offices in Vancouver. The Company will pay the market price of the Common Shares at the time of acquisition and will not purchase more than 2% of the total issued and outstanding common shares within any 30 day period. A copy of the Notice may be obtained by any shareholder of the Company, without charge, by contacting the Company's head office. In July 2009, Tongling Nonferrous Metals Group Holdings Co. Ltd., a state-owned holding company, and one of China's largest copper smelting companies, purchased 11.5 million units of the Company at a price of $0.425 per unit and now holds a 13% equity position in Canada Zinc Metals. About the Akie Property The Akie zinc-lead property is situated within the southern-most part (Kechika Trough) of the regionally extensive Paleozoic Selwyn Basin, one of the most prolific sedimentary basins in the world for the occurrence of SEDEX zinc-lead-silver and stratiform barite deposits. Drilling on the Akie property by Inmet Mining Corporation during the period 1994 to 1996 and by Canada Zinc Metals since 2005 has identified a significant body of baritic-zinc-lead SEDEX mineralization (Cardiac Creek deposit). The deposit is hosted by variably siliceous, fine grained clastic rocks of the Middle to Late Devonian 'Gunsteel' formation. The Company has filed a NI 43-101 report supporting the estimated inferred resource of 23.6 million tonnes grading 7.6% Zn, 1.5% Pb and 13.0 g/t Ag (at a 5% Zn cut off grade). The complete NI 43-101 technical report, titled "Geology, Diamond Drilling and Preliminary Resource Estimation, Akie Zinc-Lead-Silver Property, Northeast British Columbia, Canada" and dated May 30, 2008, can be viewed on SEDAR. Two similar deposits, Cirque and South Cirque, located some 20 km northwest of Akie and owned under a joint venture by Teck Cominco and Korea Zinc, are also hosted by Gunsteel rocks and have a combined geologic inventory in excess of 50 million tonnes. The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. ON BEHALF OF THE BOARD OF DIRECTORS CANADA ZINC METALS CORP. "PEEYUSH VARSHNEY" PEEYUSH VARSHNEY, LL.B CEO & CHAIRMAN

Sunday, August 2, 2009

Lithium and REE Bull market - Nissan's Leaf is charging Electric Cars' Mass market. TNR.v CZX.v FMC SQM ROC AVL.to NSANY TM TTM DAI F BYD XAU HUI GDX


Nissan's Leaf is opening electric car mass market. While i-MiEV was still an expensive toy at the announced price levels, Leaf is a full utility electric vehicle capable of 100 mile range and with pricing at the same level as conventional car. Lithium battery will be leased rather then sold to the customers in order to reduce the cost of initial ownership. Lithium race is now officially at the full speed and we expect more announcements to come about new models, better range and the most important - better prices for safer Lithium batteries coming with economics of scale of a mass market. Do you remember the first bricks called mobile phones with price tag of 10000 dollars? When last time have you actually paid for your mobile phone? Nissan claims to spend 17 years on development of recent range of powerful Lithium batteries incorporated in Powertrain of the Leaf. They invested a lot of time and money and ready to take as much as they can from the new market. Get Big Fast is all over again for those who still remembers hey days of last Next Big Thing - Internet and WWW. Nissan announced before its plans for Lithium plants in UK, Portugal and USA with its electric cars plants in USA and Japan. Demand is estimated at level of 10% by 2020 by the company. We think this estimation is for competitors use only. We are betting heavily on Lithium supply chain with our Juniors involved like TNR Gold TNR.v, which will spin out its International Lithium corp. later this year. Chinese are taking notice on the hot Lithium and REE market: from Australia to Canada they are taking stakes in companies engaged in this market. No wonder TNR Gold TNR.v attracted investment from Canada Zinc Metals CZX.v and for those, who follows the company, there is no secret who is backing it now. Chinese Tongling - one of the largest Copper smelters in China engaged in REE market as well - took a 13% stake in CZX.v at double the market price. Our own estimations are much higher for Electric cars' market penetration - at least thirty percent by 2020. Once it was estimated that there is a place for six computers in the world. Electric cars is the base for the next industrial revolution and will drive alternative energy economy for years to come. China and India will leap frog directly into the Green future and West will have to catch up. Cash constrained, coming of work force Baby Boomers will opt for Electric cars, in our view, once they will be proven to be safe and at the same price level as conventional vehicle. People will be ready to invest in a low maintenance and cheap to run vehicles, which will cover their domestic needs. Electric Cars' economics with 3 cents per mile against very fuel efficient 13 cents per mile of oil driven car will be a selling force for the market place. Demand will be fueled by government rebates, lower taxes and lower other ownership fees like congestion charges in London, UK - which are abolished for EVs. Do not underestimate "Feel Good" marketing factor. People will be able to contribute to the common good by just commuting on a safe full utility Electric Vehicle, which will cost less to run. This recession could be later called by historians as an another factor contributed to structural shift in the world economy and start of next industrial revolution based on electric cars. It is the last chance for the West to rebuild its manufacturing base and continue its wealth creation based on solid values and not just redistribute taxpayer's money to the fat cats from Wall Street. Outrage inflated by recent bonuses on the Wall Street is too strong to ignore it and politicians are taking notice: Electric Cars stimulus is going directly into people's pocket, reducing dependence on oil, positively affecting their disposable income and brings jobs to the states supporting it.

Roxmark Mines RMK.v - break out to the upside. RMK.v, PG.to, HUI, XAU, GG, GDX

With US Dollar starting its next down leg from bearish flag our Canada Gold M&A play Roxmark Mines RMK.v finally broke to the upside and closed at 0.17CAD. News are coming fast from its J/V partner Premier Gold PG.to and deposit is getting shape with Gold high grade core expanding with every news reported. Insiders were very active in the market this summer accumulating shares and as our other plays like TNR Gold TNR.v showed before it is a sign of market turn around for such Junior plays.

Tuesday, July 28, 2009

TNR Gold work commenced on Lithium and REE properties in Canada TNR.v, SQM, FMC, ROC, DAI, F, NSANY, BYD, TTM, TM, HUI, XAU, FXI, WLC.v, MAI.v, AVL.to


TNR Gold has announced that its exploration team is already on the grounds of its Lithium and REE properties in Canada. Junior is up to 0.25CAD on the news and volume is over 1 million shares. More funds are taken positions, financing was oversubscribed and Canada Zinc Metals CZX.v came into the picture with its Chinese partners Tongling. Media is full of electric cars and electric bikes stories: some reports suggested that in China in 2008 22 million electric bikes were sold alone. Chinese interest is understandable: TNR Gold still below last year level of 0.35CAD financing without any Lithium and REE properties. Los Azules is shaping into huge Copper deposit with NPV over 1 billion with Copper price above 2.1 USD/lb. Who knows better then Chinese where the commodity prices are going? We like to see that the company is not just sitting and playing on all these developments alone, but advancing its new Lithium and REE start up International Lithium Corp and preparing Alaska properties for Gold surpassing 1000 USD/oz. Will we have another spin out from TNR Gold this time of Alaska Gold and Copper next year?

Friday, July 24, 2009

Roxmark Mines RMK.v - management has put some money on the line and waken up finally RMK.v, PG.to, HUI, XAU, GDX

Our Canada Gold M&A play Roxmark Mines RMK.v is making new headlines and stock is finally breaking out to the upside. In plus to solid continued results from J/V with Premier Gold PG.to company is moving forward its old producing mine with new high grade discoveries. Some estimations suggest the value of 0.18CAD attributed to only J/V part of the game based on Premier Gold PG.to valuation report. Our Target is North of 0.30CAD with 43-101 released by PG.to and gold above 1000 mark.

Tuesday, July 21, 2009

China's Wen orders to Buy commodities: China to deploy forex reserves TNR.v, CZX.v, RMK.v, SGC.v, CGH.to, ASM.v, BTT.v, GBN.v, AMM.to, EPZ.v




After raising concern about health of US Dollar and our recent US Dollar collapse alert, Chinese premier Mr Wen issues the order to Buy commodities and secure natural resources in order to diversify from paper currencies. US Dollar future from now on is solidly on the next leg down and call from Canaccord Adams seems to be very timely to repeat it again:




"From an investor’s perspective, the goal is to own what China needs and China needs metals. And strategically, it could be easier for China’s state-owned corporations to fly under the radar and buy or take positions in smaller foreign corporations rather than their larger cousins. We return to our long-term thesis: own quality junior exploration and mining companies with superior projects. Canaccord Adams"






We have been advocating this idea to build positions in Junior mining for a while and now we new confirmation to potential of recent M&A activities in companies we monitor.










"Companies (Chinese - S.) are allowed from 1st of August basically to shop around the world for necessary resources in exchange for US Dollars effectively which are overflowing the monetary system."







After recent strategic investment in
TNR Gold TNR.v Canada Zinc Metals is busy on developing its status as regional play:







"
Strategy looks like Investment expansion:Tongling - Canada Zinc Metals - District play with TEC and Korea Zinc - Lundin Mining on board - Zinc and Lead - Cars - Growth space: China largest auto market from March - New Bull - Electric cars - Lithium and REE - TNR Gold and International Lithium Corp."







"
Canada Zinc Metals's Akie holds 23.6 million tons of high grade Zinc, nearby J/V between TEC and Korea Zinc holds another 50 million tons. District play can mean 100 million tons with further discoveries and deals among these three players and now CZX.v has a strong backing strategic partner with deep pockets."














By Jamil Anderlini in Beijing
Beijing will use its foreign exchange reserves, the largest in the world, to support and accelerate overseas expansion and acquisitions by Chinese companies, Wen Jiabao, the country’s premier, said in comments published on Tuesday.
“We should hasten the implementation of our ‘going out’ strategy and combine the utilisation of foreign exchange reserves with the ‘going out’ of our enterprises,” he told Chinese diplomats late on Monday.
Mr Wen said Beijing also wanted Chinese companies to increase its share of global exports.
The “going out” strategy is a slogan for encouraging investment and acquisitions abroad, particularly by big state-owned industrial groups such as PetroChina, Chinalco, China Telecom and Bank of China.
Qu Hongbin, chief China economist at HSBC, said: “This is the first time we have heard an official articulation of this policy ... to directly support corporations to buy offshore assets.”
China’s outbound non-financial direct investment rose to $40.7bn last year from just $143m in 2002.
Mr Wen did not elaborate on how much of the $2,132bn of reserves would be channelled to Chinese enterprises but Mr Qu said this was part of a strategy to reduce its reliance on the US dollar as a reserve currency.
“This is reserve diversification in a broader sense. Instead of accumulating foreign exchange reserves and short-term financial assets, the government wants the nation to accumulate more long-term corporate real assets.”
State-owned groups, particularly in the oil and natural resources sectors, have stepped up their hunt for overseas companies and assets on sale because of the global crisis.
China Investment Corp, the $200bn sovereign wealth fund, has been buying stakes in overseas resources companies and has taken a 1.1 per cent stake in Diageo, the British distiller.
In an interview published in state-controlled media, the chairman of China Development Bank said Chinese outbound investment would accelerate but should focus on resource-rich developing economies.
“Everyone is saying we should go to the western markets to scoop up [underpriced assets],” said Chen Yuan. “I think we should not go to America’s Wall Street, but should look more to places with natural and energy resources.”