Mon, Dec 22, 2014, 5:43 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

TARA MINERALS CORP Message Board

hhappy102 19 posts  |  Last Activity: Dec 2, 2014 10:05 AM Member since: Apr 30, 2008
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Agnico Eagle Mines Inc. (AEM : TSX : C$28.43) - Buy - Target:C$46.00
    Re-shuffling the deck; reiterate BUY rating and lower target price to C$46.00 (from C$52.00)
    Investment recommendation Agnico's acquisition of Cayden (El Barqueno project) is now closed, continuing AEM's track record of accretive acquisitions. The Amaruq discovery continues to impress as a potential source of high grade feed for operations at Meadowbank, and possibly as a stand-alone asset. A consequence of the emergence of these two development opportunities, and a potential preference for debt repayment in a lower gold price environment, is that Meliadine may see some slippage (one to two years) in the development queue. We have revised our target from C$52 to C$46 (-12%) to reflect a lower gold price assumption partly offset by value accretion at Amaruq and El Barqueno. We reiterate our Buy rating and preference for AEM shares. AEM is becoming a bona fide exploration story again. Investment highlights Over the last few months, we adjusted lower our forward curve for gold by 9% and silver by 19% and revised lower our target prices for the larger gold producers by 1.6%. The $170m Cayden acquisition increased our NAV $385m.

  • The TSX Venture Exchange has accepted for filing documentation in connection with an arrangement agreement between Cayden Resources Inc. and Agnico Eagle Mines Ltd. dated Sept. 8, 2014, pursuant to which Agnico has agreed to acquire all of the issued and outstanding common shares of Cayden, including common shares issuable under outstanding stock options and warrants. Under the agreement, each Cayden shareholder will be entitled to receive 0.09 of an Agnico common share and one cent for each common share of Cayden held.

    The exchange has been advised that approval of the transaction by the Cayden shareholders was received at a special meeting of the securityholders held on Oct. 27, 2014, and that approval of the transaction was received from the Supreme Court of British Columbia on Oct. 29, 2014. The full particulars of the transaction are set forth in the Cayden information circular, dated as of Sept. 26, 2014.

    In conjunction with the closing of the transaction, Cayden has requested that its common shares be delisted. Accordingly, effective at the close of business on Friday, Nov. 28, 2014, the common shares of Cayden will be delisted from the exchange.

  • AGNICO EAGLE COMPLETES ACQUISITION OF CAYDEN RESOURCES INC.

    Agnico Eagle Mines Ltd. has completed the previously announced plan of arrangement, pursuant to which Agnico Eagle has acquired 100 per cent of the issued and outstanding common shares of Cayden Resources Inc., including common shares issuable on the exercise of outstanding options and warrants of Cayden. Cayden is now a wholly owned subsidiary of Agnico Eagle. The arrangement was approved at a special meeting held for Cayden securityholders on Oct. 27, 2014, by approximately 99 per cent of the votes cast by securityholders. Final approval for the arrangement was obtained from the Supreme Court of British Columbia on Oct. 29, 2014, and Mexican anti-trust approval was obtained on Nov. 12, 2014. As a result, Cayden's common shares will be delisted from the TSX Venture Exchange, and Agnico Eagle will apply to the relevant securities commissions for Cayden to cease to be a reporting issuer under Canadian securities laws.

    "Cayden's management did a commendable job of creating shareholder value through its portfolio of Mexican properties. With the acquisition of Cayden now completed, Agnico Eagle looks forward to further advancing the El Barqueno gold project through focused exploration," said Sean Boyd, President and Chief Executive Officer of Agnico Eagle. "A $15 million exploration program is anticipated in 2015 with the intent of delineating an initial resource estimate to further enhance shareholder value," added Mr. Boyd.

    Former Cayden President and CEO, Ivan Bebek commented "I would like to thank the entire Cayden team for their efforts which resulted in the favorable transaction. On behalf of the company, I would like to thank all of our shareholders who financed and supported us since the inception of Cayden and congratulate Agnico Eagle on the acquisition of Cayden and its robust projects."

    The Arrangement

    Under the Arrangement, each Cayden common share was exchanged for 0.09 of an Agnico Eagle sh

  • Agnico Eagle completes Cayden acquisition

    Agnico Eagle Mines Ltd (C:AEM

    Mr. Sean Boyd reports

    AGNICO EAGLE COMPLETES ACQUISITION OF CAYDEN RESOURCES INC.
    Agnico Eagle Mines Ltd. has completed the previously announced plan of arrangement, pursuant to which Agnico Eagle has acquired 100 per cent of the issued and outstanding common shares of Cayden Resources Inc., including common shares issuable on the exercise of outstanding options and warrants of Cayden. Cayden is now a wholly owned subsidiary of Agnico Eagle. The arrangement was approved at a special meeting held for Cayden securityholders on Oct. 27, 2014, by approximately 99 per cent of the votes cast by securityholders. Final approval for the arrangement was obtained from the Supreme Court of British Columbia on Oct. 29, 2014, and Mexican anti-trust approval was obtained on Nov. 12, 2014. As a result, Cayden's common shares will be delisted from the TSX Venture Exchange, and Agnico Eagle will apply to the relevant securities commissions for Cayden to cease to be a reporting issuer under Canadian securities laws.

    "Cayden's management did a commendable job of creating shareholder value through its portfolio of Mexican properties. With the acquisition of Cayden now completed, Agnico Eagle looks forward to further advancing the El Barqueno gold project through focused exploration," said Sean Boyd, President and Chief Executive Officer of Agnico Eagle. "A $15 million exploration program is anticipated in 2015 with the intent of delineating an initial resource estimate to further enhance shareholder value," added Mr. Boyd.

    Former Cayden President and CEO, Ivan Bebek commented "I would like to thank the entire Cayden team for their efforts which resulted in the favorable transaction. On behalf of the company, I would like to thank all of our shareholders who financed and supported us since the inception of Cayden .

  • From TRGD 10Q filed on 11/14/2014

    "On May 25, 2011, Tara Gold commenced distributing its shares of Firma Holdings to its shareholders by distributing one share of Firma Holdings for every 20 outstanding shares of Tara Gold. Tara Gold plans to make additional distributions until all Firma Holdings shares held by Tara Gold have been distributed to Tara Gold’s shareholders.

    After Tara Gold has distributed all of its Firma Holdings shares, Tara Gold will not have any interest in the business segments of Firma Holdings, AMM, Adit or ACM.

    Both Tara Gold and Firma Holdings may continue their efforts to develop mining properties that are thought to contain commercial quantities of gold, silver and other minerals. Additionally, once the distribution has been completed, the consolidated parent and subsidiary relationship between Tara Gold and Firma Holdings will change."

  • Looks like management is preparing to remove barriers to relisting TRGD on the Market. Wonder whether they will begin the dividend of FRMA shares mentioned in this last quarter 10Q.

  • hhappy102 hhappy102 Nov 20, 2014 2:36 PM Flag

    Looks like management is preparing to remove barriers to relisting TRGD on the Market. Wonder whether they will begin the dividend of FRMA shares mentioned in this last quarter 10Q.

  • MEXICAN ANTI-TRUST APPROVAL ATTAINED FOR CAYDEN'S ARRANGEMENT WITH AGNICO EAGLE

    Vancouver, British Columbia – November 13th, 2014 – Cayden Resources Inc. (TSX.V:CYD, OTCQX: CDKNF) (“Cayden” or the “Company”) is pleased to announce that Mexican anti-trust approval has been obtained for its previously announced plan of arrangement (the “Arrangement”) with Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) (“Agnico Eagle”) pursuant to which Agnico Eagle will acquire all of the issued and outstanding common shares of Cayden, including common shares issuable on the exercise of outstanding options and warrants of Cayden. Receipt of Mexican anti-trust approval follows approval of the Arrangement by Cayden securityholders and by the Supreme Court of British Columbia on October 27, 2014 and October 29, 2014, respectively.

    Under the Arrangement, Cayden shareholders will be entitled to receive 0.09 of an Agnico Eagle share and C$0.01 for each Cayden common share held. The Arrangement remains subject to the satisfaction of certain closing conditions customary in a transaction of this nature. It is currently expected that the transaction will be completed by the end of this month.

  • GEONOVUS ANNOUNCES PRIVATE PLACEMENT

    GeoNovus Minerals Corp. has arranged a non-brokered private placement of two million units at a price of six cents per unit for gross proceeds of up to $120,000.

    Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase an additional share at a price of 10 cents per share for 24 months. The warrants issued with the units sold will be subject to an acceleration provision. After four months have elapsed from closing, if the company's shares trade above 15 cents for 20 consecutive trading days, the company has the option to provide notice to the warrantholders that their warrants will expire if they are not exercised within 30 days.

    The proceeds from the private placement will be used for general working capital.

    Finders' fees may be payable on the private placement.

  • Obviously management has done a lot of planning for the
    new projects re growing products.The recent additions to the BOARD are very influential in Uruguay !!

    "GEONOVUS ESTABLISHES URUGUAYAN HEMP FARM AND RECEIVES "DE ALTA" LICENCE FOR IMPORTATION AND DEVELOPMENT OF MEDICINAL HEMP PRODUCTS
    GeoNovus Corp. has now established an active heirloom hemp farm for the cultivation of hemp plants with original levels of THC and cannabinoids that are currently restricted and unavailable in North America. This farm is growing heirloom hemp plants without genetically altered structures with naturally high levels of cannabinoids, unlike the genetically modified hemp plants found in North America due to government restrictions on THC levels. The production heirloom hemp allows GeoNovus to grow, crop and sell these unique and valuable plants that can be used to create new high potency CBD medicines in world class Uruguayan labs or to generate immediate revenue through sales of seeds and hemp fiber to North American and European markets. These genetically unaltered hemp plants require far fewer pesticides, herbicides and fertilization then their genetically modified counterparts found in North America. Current Canadian hemp production statistics are based on low THC plants that require far more intensive farming systems and produce far less cannabinoids, seeds and hemp fiber -- creating a far more profitable and less cost intensive farming operation in Uruguay.As well as the establishment of the hemp farm GeoNovus has received two important licences:The Uruguay Growers Co-Op Contract for Operations and Administration
    The only grower's co-op permit issued in Uruguay at this time for Research and Development of natural level THC and Cannabinoid hemp and marijuana. This permit is mandatory to operate within the current Uruguayan hemp & marijuana framework."De Alta" Licence issued by Inase Uruguay (Instituto Nacional De Semillas)
    This licence issued to GeoNovus' exclusive SA partner in Uruguay run by Enviro Consultores under the supervision of the former Uruguayan director of the environment -- Daniel Sztern allows for importation and export of heirloom (natural levels THC & Cannabinoid) hemp seeds and officially accept the company as an agricultural R&D hemp producer.GeoNovus Uruguay advisor and former Director of the Enviroment -- Daniel Sztern comments, "We have now cleared many political hurdles and licencing requirements to become a full spectrum farming and R&D operation in the best jurisdiction in the world for hemp and marijuana. Our political, educational and technical expertise are unmatched in Uruguay and we are in the process of establishing contracts with world class laboratory facilities in Uruguay."

  • hhappy102 hhappy102 Oct 29, 2014 9:52 AM Flag

    About Vertical Growing Technology

    This automated, software-driven technology is unique for its ability to grow grade A1, non-GMO crops year-round without chemicals or pesticides, getting maximum yield out of available square footage. This fully sustainable and complete indoor agricultural solution was developed over 12 years with R&D based on predecessor systems, prototypes, and significant third party validation. GeoNovus will be utilizing and re-selling technology aimed at year round farming systems with controlled precision farming techniques. Crop varieties chosen for best suitability include leafy greens, strawberries and marijuana. A proprietary mechanical pollination system allows food to be grown indoors, year round regardless of seasonality, with near zero water waste. This proven technology is specifically designed to help address issues of global food security and food shortage.

  • "GEONOVUS SIGNS LETTER OF INTENT FOR 20 ACRES OF AGRICULTURAL LAND IN LANGLEY, BC

    GeoNovus Corp. has signed a letter of intent (LOI) with R.E.H. Fish Farm Ltd. to acquire a 100-per-cent interest in 20 acres of agricultural land in Langley, B.C., to become the site of GeoNovus's proposed vertical growing greenhouse utilizing Affinor Growers Inc.'s vertical growing technology in an exclusive licensing agreement announced Oct. 23, 2014. This LOI includes 20 acres of land zoned for agriculture use and ready to begin construction of the new vertical growing facility as well as 2 existing fresh water -- land based aquaculture licences, granted by Fisheries and Oceans Canada that could provide a second source of revenue streams from this agreement. GeoNovus president & CEO Mike England states, "In addition to recently securing an exclusive licensing agreement with one of the world's most advanced vertical farming systems, we now have agriculturally zoned and build-ready real-estate in excess of 20 acres to begin construction of our indoor growing facilities. This LOI brings GeoNovus one step closer to tapping into the multi-billion dollar agricultural market place with multiple potential revenue streams available through this strategic location."

  • "DISCOVERY HARBOUR RESOURCES CORP.: DRILLING PROGRAM INITIATED AT THE 2BAR PROJECT - NEVADA

    Discovery Harbour Resources Corp. has entered into a contract with Marcus & Marcus Drilling Company of Idaho and has initiated a drilling program at the 2BAR project in Nevada. Drilling will begin on or before October 31, 2014 after all equipment has been moved into the site. As described below, the primary mineral commodity targets, as envisioned from all field work and trenching to date, are copper and silver +/- gold, occurring in a manto-style depositional environment.

    The objective of this phase of drilling is to test the projected down dip and strike extensions of the two zones (the Upper Zone and the Lower Zone) hosting the mineralization exposed at surface in outcrop and by trenching. (See DHR press release dated July 16, 2014). Road access over a distance of approximately 23 miles has been improved to allow for ingress and egress from the site. At present, DHR's budget will allow for approximately 1,000 feet of drilling during this phase of the program. Due to the relatively shallow dips, as measured at surface, this amount of footage should enable approximately four to seven holes to be drilled. We expect drilling will be completed two weeks after initiation.

    All drill core will be logged on site, transported to, then processed and analyzed by ALS Global in Reno, Nevada. Assay results will be reported in detail when ALS has finalized all drill core samples. We anticipate that date to be before the end of November.

    Bruno Hegner, President & CEO of the Company states: "I am confident we will succeed in intersecting the mineralized zones at depth with the majority of the drilling and anticipate that we will see grades and thicknesses maintain and possibly exceed the values and widths present at the surface."

  • CAYDEN SECURITYHOLDERS APPROVE ACQUISITION OF CAYDEN BY AGNICO EAGLE

    Cayden Resources Inc.'s plan of arrangement, pursuant to which Agnico Eagle Mines Ltd. will acquire all of the issued and outstanding common shares of the company, including common shares issuable on the exercise of outstanding options and warrants of the company, was approved by shareholders and other securityholders of Cayden at the special meeting of Cayden securityholders held on Oct. 27, 2014. At the meeting, approximately 99.0% of the votes cast by Cayden securityholders, voting as a single class, and 98.5% of the votes cast by Cayden shareholders (excluding the votes cast by those persons whose votes were excluded pursuant to Multilateral Instrument 61-101 {A –} Protection of Minority Security Holders in Special Transactions for the purposes of obtaining minority approval) were voted in favour of the Arrangement.

    The Arrangement

    Under the Arrangement, Cayden shareholders will be entitled to receive 0.09 of an Agnico Eagle share and C$0.01 for each Cayden common share held. Cayden is seeking a final order of the Supreme Court of British Columbia to approve the Arrangement at a hearing expected to be held on October 29, 2014. In addition to the approval of the court, the Arrangement is subject to Mexican anti-trust approval and the satisfaction of other closing conditions customary in a transaction of this nature. Cayden and Agnico Eagle are actively pursuing the receipt of Mexican anti-trust approval. It is currently expected that, subject to receipt of all approvals, the transaction will close around the end of 2014.

  • Reply to

    Finally major news from GNM

    by hhappy102 Oct 23, 2014 8:20 AM
    hhappy102 hhappy102 Oct 23, 2014 11:19 AM Flag

    Additional news from GNM
    About GeoNovus in Uruguay

    While Canada has allowed limited use of industrial hemp and #$%$ in recent years and certain states in the US have moved toward legalization, Uruguay recently became the first nation in the world to fully legalize the sale, cultivation, distribution, research and consumption of cannabis. GeoNovus announced it has signed definitive agreements with a private Uruguay “SA” company actively working in multiple areas of the cannabinoid sciences, industrial hemp and #$%$ industries in Uruguay. Recently GeoNovus has added significant political and technical Uruguayan cannabinoid expertise to its advisory board in anticipations on commencement of operations.

    GeoNovus’ initial operations in Uruguay include:

    -Establish Hemp farm and advanced growing systems for export from Uruguay
    -Cannabinoid sciences and IP product development (CBD/THC)
    -Testing and trials to prove efficacy of cannabis-based therapies
    -Third party cannabis research for international companies
    This emerging global multibillion-dollar industry is in the process of significant regulatory and legal reform that offers participants an explosive growth opportunity.

    With respect to the Company’s Corona project located in Ontario, Company geologists are currently assessing the project with regards to a winter work program anticipated to commence Q1 2015.

  • Reply to

    Finally major news from GNM

    by hhappy102 Oct 23, 2014 8:20 AM
    hhappy102 hhappy102 Oct 23, 2014 8:26 AM Flag

    We are actively working to timely advance our Uruguayan operations and anticipate the completion of several Company milestones shortly as well as the integration and testing of this vertical farming technology in our Uruguay facilities."Affinor Growers Chairman Nick Brusatore states, "We are very excited to be partnering with GeoNovus and providing them with an exclusive license for our vertical growing technology in Uruguay and in Langley, BC. Not only does this give Affinor a potential royalty stream from GeoNovus' future vertical growing operations but will also provide valuable testing and data from world class scientific facilities in Uruguay while opening-up the Mercosur region for future business."Under the terms of this agreement, GeoNovus is acquiring exclusive licensing and access to Affinor's vertical growing technology for use in Uruguay and in the city of Langley, British Columbia Canada, by issuing 12,000,000 common shares of its capital to the Licensor as follows: (i) an initial amount of 6,000,000 Shares as soon as is commercially practicable after signature of this Agreement, and (ii) the remaining 6,000,000 Shares on or before that date which is 6 months from the date of this Agreement, subject to due diligence and regularity approval.A finder's fee will be payable on this transaction."

  • Mr. Michael England reports

    GEONOVUS SIGNS DEFINITIVE AGREEMENT FOR EXCLUSIVE LICENCE ON VERTICAL GROWING TECHNOLOGY FROM AFFINOR GROWERS INC.

    GeoNovus Corp. has signed a definitive agreement with Affinor Growers Inc. to exclusively license Affinor's vertical growing technology for agricultural use, research purposes and distribution in Uruguay and in the city of Langley, B.C., Canada. This automated, software-driven technology is unique for its ability to grow grade A1, non-GMO crops year-round without chemicals or pesticides, getting maximum yield out of available square footage. This proven technology is specifically designed to help address issues of global food security and food shortage and will give GeoNovus access to ongoing royalties and revenues in a multi-billion dollar agricultural market place. The vertical growing technology GeoNovus is licensing is a fully sustainable and complete indoor agricultural solution developed over 12 years with R&D based on predecessor systems, prototypes, and significant third party validation. GeoNovus will be utilizing and re-selling technology aimed at year round farming systems with controlled precision farming techniques. Crop varieties chosen for best suitability with the GeoNovus and Affinor VDL system include leafy greens, strawberries and marijuana. A proprietary mechanical pollination system allows food to be grown indoors, year round regardless of seasonality, with near zero water waste.GeoNovus president & CEO Mike England states, "Our exclusive licensing agreement gives GeoNovus access to one of the world's most advanced vertical farming systems and puts the Company in a position to tap into the multi-billion dollar agricultural market place. This technology complements our current Uruguayan operations and opens new opportunities within British Columbia.

  • CAYDEN MAILS SPECIAL MEETING MATERIALS TO APPROVE ACQUISITION BY AGNICO EAGLE

    Cayden Resources Inc. has mailed its management information circular and related proxy materials to its shareholders and other securityholders in connection with the special meeting of securityholders to be held at 10 a.m. (Vancouver time) on Oct. 27, 2014. At the Meeting, Securityholders will be asked to approve the Company's previously announced transaction with Agnico Eagle Mines Limited ("Agnico Eagle") whereby Agnico Eagle is proposing to acquire all of the issued and outstanding common shares of Cayden ("Cayden Shares") by way of a statutory plan of arrangement (the "Arrangement"). The Arrangement is being proposed under, and is subject to the terms and conditions of, an arrangement agreement dated September 8, 2014 between the Company and Agnico Eagle (the "Arrangement Agreement"). Assuming the Arrangement becomes effective, holders of Cayden Shares will receive 0.09 of a common share of Agnico Eagle and $0.01 in cash for each Cayden Share held. The Circular contains, among other things, details concerning the Arrangement, the background to and reasons for Cayden's board's favourable recommendation of the Arrangement, the requirements for the Arrangement to become effective, the procedure for receiving consideration payable under the Arrangement for Cayden Shares, procedures for voting at the Meeting and other related matters. Securityholders are urged to carefully review the Circular and accompanying materials, which includes a copy of the Arrangement Agreement, as they contain important information regarding the Arrangement and its consequences to Securityholders. A copy of the Circular is available on Cayden's website at www.caydenresources.com or on SEDAR at www.sedar.com. YOUR VOTE IS IMPORTANT. VOTE TODAY.The Board of Directors of Cayden UNANIMOUSLY recommends that Securityholdersvote FOR of the Arrangement.

  • GeoNovus Minerals Corp. has added five key Uruguayan personnel to its advisory board. It has also entered a working systems and operations partnership with agricultural operations company Urugrow. Joining Daniel Sztern and Enviro Consultores ("Enviro") are green tech innovator Thomas Sztern, nano systems engineer Daniel Carbo, government cannabis framework consultants Dr Alvaro Dasilva and Leonardo Costa, and ER physician and clinical trial consultant Dr Sacchi.

    The new advisors bring significant strategic values to GeoNovus, including: full access to advanced laboratory facilities and personnel for cannabinoid sciences work, and intellectual property (IP) product development in Montevideo.

    GeoNovus president Mike England states, "We have been fortunate to have the opportunity to assemble a 'Uruguayan Dream Team' for our goal of producing intellectual property patents for licensing globally through the development of cannabinoid and industrial hemp products. Because of its unrestricted research policies and the recent legalization of marijuana in Uruguay, we believe the country offers the best operating environment in the world for marijuana and hemp cultivation, distribution and research. Geonovus has secured the ability to hand pick from a wide range of cannabinoid and industrial hemp opportunities in Uruguay; working with North American-based partners that currently find their research and product development restricted by existing US and Canadian legislation."

TARM
0.220.00(0.00%)Jun 20 8:10 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.