ROAD TOWN, TORTOLA, BRITISH VIRGIN ISLES–(Marketwire – Feb. 3, 2012) - White Tiger Gold (“White Tiger” or the “Company”) (TSX:WTG) is pleased to announce that it is starting Long Hole ore production from the mines North Wall.

Full coverage of WTG: http://stockgurucanada.com/?s=wtg

Since the Business Combination completion the Company’s focus has been on the restarting of the Long Hole ore production stoping at Lamaque to provide a substantial increase in ore feed given the scale of the dyke stopes. To this end in the fourth quarter White Tiger provided the funding to complete the following task;

• Allow the restart of the CMAC the mining contractor in order to complete the capital development required to provide access the ore resources in the North Wall.
• Purchase of two diamond drills to provide improved definition drilling on the ore resources
• Enlargement of the senior mining team to provide improved technical and operational supervision

The Company is pleased to announce that sufficient development has been completed in the North Wall now to allow the operation there to start ore mining, while development continues to expand the available resources.

At the same time Lamaque mining staff has been focused on improving ore access and development in the Lamaque Flats in order to improve production rates and ore grade. These improvements combined with the addition ore that will come from the Long Hole stopes will enable the Lamaque Mine to ramp up its production towards it planned 2000 tonnes per day.

“Since the completion of the Business Combination significant progress has been made in the fourth quarter, particularly the development to restarting long-hole dyke stoping operations at Lamaque,” said Daniel Major, President and CEO of White Tiger Gold. ” We are therefore happy to announce that we have reached the point that Long Hole stoping can start at the Lamaque and that we can now start to push the mine to its planned production rate of 2000 tonnes per day.”

Forward-Looking Statement:

This news release contains forward looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities laws including with respect to the entering into of a definitive loan facility agreement with VTB, the completion of the planned production expansions Lamaque, San Juan and Savkino, and the development of the Company’s Nasedkino property. Words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology are used to identify forward-looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions and analysis made by the management of White Tiger Gold in light of their experience, current conditions and their expectations of future developments as well as other factors which they believe to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements and information. Risks and uncertainties that may cause actual results to vary include but are not limited to: uncertainties relating to the interpretation of the geology, continuity, grade and size of estimates; unanticipated operational or technical difficulties; changes in the availability of qualified personnel; changes in equity and debt markets; fluctuations in gold and other commodity prices; as well as other risks and uncertainties which are more fully described in White Tiger Gold’s Annual Information Form dated March 30, 2011 and its annual and quarterly Management’s Discussion and Analysis and in other filings made by White Tiger Gold with Canadian securities regulatory authorities and available at www.sedar.com.

Any forward-looking statement and information speaks only as of the date on which it is made and, except as may be required by applicable laws, White Tiger Gold disclaims any intent or obligation to update any forward-looking statement and information, whether as a result of new information, future events or results or otherwise. Although White Tiger Gold believes that the assumptions inherent in the forward-looking statements and information are reasonable, forward-looking statements and information are not guarantees of future performance and accordingly undue reliance should not be put on such statements or information due to the inherent uncertainty therein.

 

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BOUCHERVILLE, QUEBEC– Feb. 3, 2012 - Strateco Resources Inc. (“Strateco”) (TSX:RSC)(FRANKFURT:RF9) is pleased to announce that the federal Minister of the Environment, the Honourable Peter Kent, and the federal administrator of the James Bay and Northern Quebec Agreement (the “federal administrator”), Mrs. Elaine Feldman, have both rendered positive decisions for the Matoush uranium exploration project, located in the Otish Mountains of northern Quebec, about 275 km from Chibougamau and 210 km from the Cree Nation of Mistissini.

Full coverage of RSC: http://stockgurucanada.com/?s=rsc

The federal Minister of the Environment published a new release yesterday in which he indicated that he was favourable to the Matoush project environmental impact statement (“EIS”). After having studied the Matoush project environmental assessment and reviewed the Comprehensive Study Report and public’s comments, the minister stated that “the project, taken into account the mitigation measures described in the Comprehensive Study Report, is not likely to cause significant adverse environmental effects”. He added that “the mitigation measures and follow-up program described in the Comprehensive Study Report are appropriate for the proposed project”. The minister’s news release can be found on the website of the Canadian Environmental Assessment Agency (“CEAA”) (www.ceaa.gc.ca/050/details-eng.cfm?evaluation=46115).

The federal administrator announced yesterday in a letter to Stratecto’s President and Chief Executive Officer that she was authorizing the Matoush uranium exploration project. She specified that the decision in favour of the Matoush exploration project is conditional on the mentioned conditions, and underscored the importance of ensuring the proper implementation of the communication and information agreement signed between the Cree Nation of Mistissini and Strateco. Both the letter and the conditions set by the federal administrator can also be found on the CEAA’s website (www.ceaa.gc.ca/default.asp?lang=En&n=D80E970C-1).

Ministerial and federal administrator approval was an essential step in the process of securing the licence for the Matoush project underground exploration program, which is issued by the Canadian Nuclear Safety Commission (“CNSC”). The CNSC can now hold a public hearing on the technical aspects of the underground exploration program, which is the final step in securing the licence.

Licencing Process

Strateco filed a preliminary description of the Matoush project in July 2008 with the CNSC, the Federal Review Panel South (“FRP-S”) and the provincial review panel (“COMEX”), followed by its licence application for the underground exploration program in November 2008.

After receiving the joint directive from the regulatory authorities in February 2009, Strateco carried out supplementary studies on a number of environmental and social components of the project. Strateco was then able to file the EIS for the Matoush project underground exploration program with the FRP-s and COMEX, and an official licence application for Matoush underground exploration program with the CNSC, in November 2009.

Public information meetings were held as provided for under the licencing process in Mistissini and Chibougamau in May 2010, following which Strateco responded to over 200 questions from the public and the regulatory bodies.

Public hearings were then held in Mistissini and Chibougamau in November 2010, at which time the public were invited to table and present briefs expressing their views to the FRP-S and COMEX commissioners.

In 2011, Strateco initiated and conducted a number of environmental field studies, including air, water and ecotoxicological risk studies. The FRP-S and CNSC also issued their recommendation reports supporting the project subject to certain notices and conditions to the minister of the Environment.

In its conditions, the FRP-S assigned particular importance to the acceptance of the project at the local and regional levels, underscoring that, among other things, “the proponent needs to build a relationship based on trust with the members of the Mistissini community”.

To that end, on December 23, 2011, Strateco signed a Communication and Information Agreement with the Cree Nation of Mistissini for the communications process that will form the cornerstone of relations between Strateco and Mistissini during the Matoush uranium project advanced exploration program.

The agreement reflects the desire of the stakeholders to develop and implement a communications strategy that facilitates dialogue, so that the advanced exploration and development phase of the Matoush project unfolds in close collaboration and a spirit of partnership. Strateco will continue its discussions with Mistissini to ensure consultation and open, transparent sharing of information.

Since the beginning of this process, Strateco has carried out extensive, rigorous studies to ensure that the environment is protected during Matoush project development. The favourable decisions from the federal Minister of the Environment and the federal administrator therefore mark the end of a critical stage in the licencing process.

Following the announcements by the minister and the federal administrator, Guy Hébert, President and Chief Executive Officer of Strateco, said that: “We are very proud of the minister’s decision, which is a first for a junior uranium exploration company in Canada. We have worked hard for these approvals, and we are confident that we will be able to meet all the requirements associated with the Matoush project development, including first and foremost those related to satisfying the Cree community of Mistissini. It is crucial that this project be developed in close collaboration with the Crees of Mistissini, in a spirit of partnership, and we will make every effort to ensure an open and transparent sharing of information and consultation with Mistissini. I want to thank the excellent Strateco team for all their hard work and devotion, as well as our shareholders for their patience.”

This news release contains forward-looking statements subject to certain risks and uncertainties. There can be no assurance that these statements will prove to be correct, and actual results and future events could differ materially from those implied by such statements. These risks and uncertainties are discussed in the annual report filed with the securities commissions of British Columbia, Alberta, Ontario and Quebec.

 

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StockGuruCanada would like to feature companies on the TSX and the TSX Venture Exchange that you like. If you know a great one, let us know. If you are with the company and you would like to commercially feature your company, drop us an email or give us a call.

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Unless otherwise noted at the end of this sentence, we hold no position – long or short – in any of the companies featured on StockGuruCanada.com. All posts are (C) Copyright 2002 – 2013, and may not be used without the permission of the publisher – unless that post contains less than 10% of the word count of this full post and it contains a link back to this original post in its own browser window or tab.

LONDON, UNITED KINGDOM– Feb. 3, 2012 - Cluff Gold (“Cluff Gold” or the “Company”) (AIM:CLF)(TSX:CFG), the dual AIM/TSX-listed West African focused gold mining company, is pleased to announce that it has entered into a legally binding, conditional sale and purchase agreement (the “Agreement”) with Orezone Gold Corporation (“Orezone”) for the acquisition of the licences and associated property comprising Orezone’s Sega Gold Project (“Sega”), located approximately 20km by road from Cluff Gold’s Kalsaka project in Burkina Faso (the “Acquisition”).

Full coverage of CFG: http://stockgurucanada.com/?s=cfg

HIGHLIGHTS

• Acquisition of new gold licences located within trucking distance of Kalsaka, hosting NI 43-101 compliant gold resources comprising 450,366oz Indicated (8.3Mt at 1.69 g/t) and 147,344oz Inferred (2.9Mt at 1.58g/t)

• Consideration comprises 11 million new Cluff Gold ordinary shares and US$15 million cash

• Opportunity to significantly increase the Kalsaka mine life with limited upfront capital expenditure

• Detailed metallurgical test work completed by Orezone has indicated average heap leach recoveries of 85% for oxide and transitional ore with favourable agglomeration properties

• Preliminary Economic Assessment to commence immediately to confirm the feasibility of a heap leach operation processing Sega’s oxide and transitional resources while maintaining a throughput at Cluff Gold’s Kalsaka plant in line with existing capacity of 1.6Mtpa

• Acquisition financed from Cluff Gold’s existing cash resources which, as at 31 December 2011, total US$28.9 million

• Completion remains conditional on standard closing conditions including the approval of the Government of Burkina Faso and the approval of the TSX.

Peter Spivey, Chief Executive of Cluff Gold, commented:

“The acquisition of the Sega gives Cluff Gold the opportunity to significantly increase the Kalsaka mine life with limited upfront expenditure, and enhances the potential for our Burkina Faso operations to continue to provide significant cash flow through the development and early production from our flagship development asset, Baomahun in Sierra Leone. This transaction brings us closer to establishing Cluff Gold as a leading West African focused gold producer.”

Ron Little, CEO of Orezone, commented:

“This transaction adds significant value for both Orezone and Cluff Gold and will provide more immediate cash flow for the government of Burkina Faso. The sale provides Orezone with a significant non-dilutive financing to advance the development of its Bomboré gold project while still allowing the opportunity to participate in the upside at Sega through an equity interest in Cluff Gold.”

The Company will be hosting a conference call to discuss the Acquisition. The dial-in details are as below:

The conference call replay will be available shortly after the live call and remain available for one week at the following numbers:

The Sega Gold Project

The Sega project is located 20km north of Cluff Gold’s operating Kalsaka heap leach operation in Burkina Faso and comprises the Tiba and Namasa exploration permits over a total area of approximately 313km². Currently defined resources are located on the Tiba exploration permit, approximately 20km by road from Kalsaka.

The project hosts current NI 43-101 compliant Indicated Mineral Resources totalling 450,366oz (8.3Mt at 1.69 g/t) and Inferred Resources totalling 147,344oz (2.9Mt at 1.58g/t) as set out in Table 1 below.

A 10,000m RC drilling programme has recently commenced at the Sega project with the aim of defining additional oxide resources.

Table 1 – Sega Project 43-101 Compliant Mineral Resources(i)

Indicated	Tonnes (’000t)	Grade (g/t)	Contained Au (Ounces)
Ox-LAT Contact	17	1.52	829
Oxide	3,279	1.67	175,630
Transitional	1,594	1.58	81,113
Total Oxide and Transitional	4,890	1.64	257,572
Sulphide	3,399	1.76	192,794
Total Indicated	8,289	1.69	450,366
Inferred	Tonnes (’000t)	Grade (g/t)	Contained Au (Ounces)
Ox-LAT Contact	9	1.75	505
Oxide	740	1.50	35,764
Transitional	422	1.47	19,989
Total Oxide and Transitional	1,171	1.49	56,258
Sulphide	1,737	1.63	91,086
Total Inferred	2,908	1.58	147,344

Detailed metallurgical test work completed by Orezone(ii) has indicated recoveries of 85% using a 12.5mm crush size and agglomeration using 5 kg/t of lime and 4 kg/t of cement which compares favourably to Cluff Gold’s existing operations at Kalsaka.

In addition to its proximity to the existing Kalsaka operation, the Sega project benefits from favourable infrastructure, being close to well maintained roads and sufficient water to sustain a mining operation.

The Sega project is 100% held by a wholly owned subsidiary of Orezone. In line with the Burkina Faso Mining Code, the Government of Burkina Faso has the right to a 10% free carried interest when a mining licence is granted. In addition to standard government royalties, currently 5%, a net smelter royalty of 3% is held by Royal Gold Inc. which can be reduced to 1% for an up-front payment of US$2 million. The Company currently intends to make this payment before the commencement of mining.

Strategic Rationale

The acquisition of the Sega project brings Cluff Gold a significant increase in oxide and transitional resources suitable for processing at Kalsaka, in addition to the anticipated resource increases which may result from the ongoing exploration programme at Kalsaka and Yako and the programme commenced by Orezone at Sega.

Cluff Gold intends to commence a Preliminary Economic Assessment immediately to confirm the feasibility of an operation whereby ore would be trucked from Sega to Kalsaka and processed at the Kalsaka plant, at a throughput in line with the existing operation at Kalsaka of approximately 1.6Mtpa.

Preliminary analysis suggests that capital costs associated with the commencement of production from the newly acquired resources at Sega would be approximately US$8 million, including the cost of additional crushing capacity, new leach pads, site civil works, road upgrade works and fleet mobilisation costs.

In addition to the heap leach opportunity, both the Kalsaka and Sega properties host sulphide mineralisation that would be suitable for processing through a CIL plant. The acquisition of the Sega project will further enhance the opportunity for a long term sulphide processing plant to be built by Cluff Gold in Burkina Faso.

Acquisition Consideration

The consideration payable by Cluff Gold comprises:

• the issuance to Orezone of 11 million new ordinary shares in Cluff Gold (the “Consideration Shares”), and
• US$15 million in cash.

Upon completion, Orezone will hold approximately 7.7% of the Company’s issued share capital as so enlarged by the issue of the Consideration Shares.

The Consideration Shares issued to Orezone are subject to a minimum hold period of 4 months. Thereafter, any disposal of the Consideration Shares would be subject to orderly marketing arrangements for a period of two years from closing as set out in the Agreement. Orezone has indicated that it has no present intention to dispose of any of the Consideration Shares.

Subject to completion of the Acquisition, in addition to the Acquisition consideration, Cluff Gold will be responsible for the costs of the 10,000m drilling programme currently ongoing at Sega, budgeted at approximately US$800,000.

Completion

Completion of the Acquisition remains conditional upon the formal approval of the Government of Burkina Faso for the transfer of the Tiba and Namasa permits, together with standard closing conditions for a transaction of this nature, including there being no material adverse change in relation to Sega.

Funding

The cash component of the Acquisition consideration is to be funded from the Company’s existing cash resources, which as at 31 December 2011 amounted to US$28.9 million.

About Kalsaka

The existing heap leach operation at the Kalsaka project represents an important cash generative asset for the Company, producing 71,505oz at an average head grade of 1.45 g/t in 2011 and with guidance for production of 60 – 70,000oz in 2012.

As at 31 December 2010 Kalsaka had estimated proven and probable oxide and transitional reserves of 186,000oz (1.5Mt at 1.8g/t of proven reserves, and 1.9Mt at 1.6g/t of probable reserves). Inclusive of the mineral reserves as at that date, it hosted oxide and transitional resources of 135,000oz (2.3Mt at 1.7 g/t) in the measured category, 267,000oz (4.5Mt at 1.5g/t) in the indicated category, with a further 44,000oz of inferred resources (1.0Mt at 1.3 g/t).(iii)

An aggressive exploration campaign is ongoing at Kalsaka with the primary aim of extending oxide mine life, which is delivering promising results. A total of 36,546m of RAB and 39,859m of RC drilling was completed in 2011, and a further programme of 88,000m of RAB, RC and diamond drilling is planned for 2012 at Kalsaka and the Yako concession, located 25km to the South East of Kalsaka.

About Cluff Gold

Cluff Gold is a gold developer-producer with assets in West Africa. The Company generates significant cash flow through its Kalsaka gold mine in Burkina Faso, and is rapidly exploring the significant sulphide potential at its Yaoure project in Côte d’Ivoire. The Company remains focused on its objective of becoming a mid-tier producer through the development of its wholly-owned Baomahun project in Sierra Leone, which is expected to contribute an additional 135,000oz of gold per annum, with significant exploration potential along strike. With its experience of bringing new mines into production and a project pipeline spanning Burkina Faso, Côte d’Ivoire and Mali, the Company aims to further increase its production profile with its highly prospective exploration work across all assets.

Baomahun is Cluff Gold’s defining development gold project in Sierra Leone. Definitive feasibility study work is progressing in the immediate resource area, where 2.1Moz of indicated resources (25.6Mt at 2.5g/t) and a further 0.9Moz of inferred resources (comprising 9.6Mt at 2.8g/t) have been delineated to date(iv). The current resource base is limited to only 1.5km of a total 12km strike length. Exploration drilling is on-going, targeting the 4km northerly strike extension of the current resource area.

(i) Mineral resources estimates effective as of January 11, 2010. Stated cut-off grade of 0.5g/t Au. Further details of Sega’s mineral resources are contained in the technical report entitled: Technical Report on the Mineral Resource of the Sega Gold Project, dated January 11, 2010, filed by Orezone Gold Corporation and available on SEDAR. This technical report was reviewed by Peter Brown, a “Qualified Person” on behalf of Cluff Gold. To the best of Cluff Gold’s knowledge, information and belief, there is no new material scientific or technical information that would make the disclosure of the mineral resources inaccurate or misleading.

(ii) As per Orezone’s press release titled Orezone Confirms Positive Metallurgical Results for Sega Gold Deposit, dated 11 April 2011.

(iii) Further details of Kalsaka’s mineral reserves and resources were previously disclosed in the Company’s NI43-101 report Technical Review of Kalsaka Gold Mine, Burkina Faso, as prepared by SRK Consulting, dated October 2008 and available on SEDAR. Resource estimation has been subsequently updated for production and exploration changes in Cluff Gold’s 2010 Annual Report.

(iv) See news release dated 5 September 2011 entitled “Cluff Gold: Significant Resource Increase at Baomahun”.

This report includes certain “forward-looking information” within the meaning of applicable Canadian securities legislation.

All statements other than statements of historical fact included in this report, including, without limitation, the positioning of the Company for future success, statements regarding exploration, drilling results, resource calculations and potential future production at Kalsaka and Sega, the completion of a PEA, the buyout of the NSR royalty, the completion of the Acquisition, and future capital plans and objectives of Cluff Gold, are forward-looking information that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Cluff Gold’s expectations include, among others, risks related to international operations, the actual results of current exploration and drilling activities, changes in project parameters as plans continue to be refined as well as future price of gold. Although Cluff Gold has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Cluff Gold does not undertake to update any forward-looking statements that are included herein, except in accordance with applicable securities laws.

Peter Brown is a “Qualified Person” within the definition of National Instrument 43-101 and has reviewed and approved the technical information contained within this announcement. Mr Brown (MIMMM) is Cluff Gold’s Group Exploration Manager.

 

Get updated information on all TSX and TSX Venture Exchange stocks at http://StockGuruCanada.com.

StockGuruCanada would like to feature companies on the TSX and the TSX Venture Exchange that you like. If you know a great one, let us know. If you are with the company and you would like to commercially feature your company, drop us an email or give us a call.

John Pentony
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Tel: 469-252-3031
Email: john@stockgurucanada.com

Unless otherwise noted at the end of this sentence, we hold no position – long or short – in any of the companies featured on StockGuruCanada.com. All posts are (C) Copyright 2002 – 2013, and may not be used without the permission of the publisher – unless that post contains less than 10% of the word count of this full post and it contains a link back to this original post in its own browser window or tab.

VANCOUVER, BRITISH COLUMBIA– Feb. 3, 2012 - Stornoway Diamond Corporation (TSX:SWY) is pleased to announce that construction activities have commenced on the Route 167 Extension, the road development project that will provide year round road access to Stornoway’s 100% owned Renard Diamond Project by way of the communities of Mistissini and Chibougamau. The commencement of construction on the Route 167 Extension follows the release of the road’s Certificate of Authorization by the Québec ministère du Développement durable, de l’Environnement et des Parcs in December (Stornoway press release dated December 7, 2011).

Full coverage of SWY: http://stockgurucanada.com/?s=swy

Matt Manson, Stornoway’s President and CEO, commented: “We are pleased to be able to report the initiation of construction along the Route 167 Extension as planned, and consistent with the development schedule for the Renard Diamond Project, which contemplates first vehicle access to the Renard site by mid-2013. Following the release of our Feasibility Study in November, and the filing of our Environmental and Social Impact Assessment in December, the initiation of road construction is another important milestone towards the development of Quebec’s first diamond mine.”

Initial contracts have now been awarded by the Québec ministère des Transports (the “MTQ”) for several aspects of road construction, including a contract for the clearing (or “slashing”) of trees along the full 243 kilometers length of the new road to the Eenatuk Forestry Corporation, a wholly-owned subsidiary of the Eskan Company, a development corporation of the Cree Nation of Mistissini (“CNM”). Stornoway notes that actions recently taken by Uuchii General Contractors Inc. (“Uuchii”) and other parties in connection with the construction of the Route 167 Extension project have received recent media coverage in Québec. Stornoway reports that construction work is proceeding on schedule, following dismissal of an injunction sought by Uuchii against the CNM and the MTQ in respect of certain construction contracts.

About the Renard Diamond Project

The Renard Diamond Project is located approximately 250 km north of the Cree community of Mistissini and 350 km north of Chibougamau in the James Bay region of North-Central Québec. In November 2011, Stornoway released the results of a Feasibility Study for Renard that highlighted the potential of the project to become a significant producer of high value rough diamonds over a long mine life. NI 43-101 compliant Probable Mineral Reserves stand at 18.0 million carats, with a further 17.5 million carats classified as Inferred Mineral Resources, and 23.5 to 48.5 million carats classified as non-resource exploration upside. All kimberlites remain open at depth. Pre-production capital cost stands at C$802 million, with a life of mine operating cost of C$54.71/tonne giving a 68% operating margin over an initial 11 year mine life. Production start-up is scheduled for 2015. Readers are referred to the technical report dated December 29, 2011 in respect of the Renard Diamond Project for further details and assumptions relating to the project.

About Stornoway Diamond Corporation

Stornoway is a leading Canadian diamond exploration and development company listed on the Toronto Stock Exchange under the symbol SWY. Our flagship asset is the 100% owned Renard Diamond Project, on track to becoming Québec’s first diamond mine. Stornoway also maintains an active diamond exploration program with both advanced and grassroots programs in the most prospective regions of Canada. Stornoway is a growth oriented company with a world class asset, in one of the world’s best mining jurisdictions, in one of the world’s great mining businesses.

On behalf of the Board

STORNOWAY DIAMOND CORPORATION

Matt Manson, President and Chief Executive Officer

This press release contains “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. This information and these statements, referred to herein as “forward-looking statements”, are made as of the date of this press release and the Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law.

Forward-looking statements relate to future events or future performance and reflect current expectations or beliefs regarding future events and include, but are not limited to, statements with respect to: (i) the amount of mineral resources and exploration targets; (ii) the amount of future production over any period; (iii) net present value and internal rates of return of the mining operation; (iv) assumptions relating to capital costs, operating costs and other cost metrics set out in the Feasibility Study; (v) assumptions relating to gross revenues, operating cash flow and other revenue metrics set out in the Feasibility Study; (vi) assumptions relating to recovered grade, average ore recovery and other mining parameters set out in the Feasibility Study; (vii) mine expansion potential and expected mine life; (viii) expected time frames for completion of permitting and regulatory approvals and making a production decision; (ix) future exploration plans; (x) future market prices for rough diamonds; and (xi) sources of and anticipated financing requirements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are made based upon certain assumptions by Stornoway or its consultants and other important factors that, if untrue, could cause the actual results, performances or achievements of Stornoway to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Stornoway will operate in the future, including the price of diamonds, anticipated costs and ability to achieve goals. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, but are not limited to: (i) anticipated timelines for receipt of Québec and federal Certificates of Authorization; (ii) required capital investment and estimated workforce requirements; (iii) estimates of net present value and internal rates of return; (iv) receipt of all regulatory approvals on acceptable terms within commonly experienced time frames; (v) the assumption that a production decision will be made, and that decision will be positive; (vi) anticipated timelines for the commencement of mine production; (vii) anticipated timelines related to the Route 167 extension and the impact on the development schedule at Renard; (viii) anticipated timelines for community consultations and the conclusion of an Impact and Benefits Agreement; (ix) market prices for rough diamonds and the potential impact on the Renard Project’s value; and (x) future exploration plans and objectives.

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important risk factors could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur, including the assumption in many forward-looking statements that other forward-looking statements will be correct, but specifically include, without limitation, (i) risks relating to variations in the grade, kimberlite lithologies and country rock content within the material identified as mineral resources from that predicted; (ii) variations in rates of recovery and breakage; (iii) the greater uncertainty of exploration targets; (iv) developments in world diamond markets; (v) slower increases in diamond valuations than assumed; (vi) risks relating to fluctuations in the Canadian dollar and other currencies relative to the US dollar; (vii) increases in the costs of proposed capital and operating expenditures; (viii) increases in financing costs or adverse changes to the terms of available financing if any; (ix) tax rates or royalties being greater than assumed; (x) results of exploration in areas of potential expansion of resources; (xi) changes in development or mining plans due to changes in other factors or exploration results of Stornoway; (xii) changes in project parameters as plans continue to be refined; (xiii) risks relating to receipt of regulatory approvals or the conclusion of an Impact and Benefits Agreement with aboriginal communities; (xiv) the effects of competition in the markets in which Stornoway operates; (xv) operational and infrastructure risks; and (xvi) the additional risks described in Stornoway’s most recently filed Annual Information Form, annual and interim MD&A, and Stornoway’s anticipation of and success in managing the foregoing risks. Stornoway cautions that the foregoing list of factors that may affect future results is not exhaustive.

When relying on our forward-looking statements to make decisions with respect to Stornoway, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Stornoway does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by Stornoway or on our behalf, except as required by law.

 

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Unless otherwise noted at the end of this sentence, we hold no position – long or short – in any of the companies featured on StockGuruCanada.com. All posts are (C) Copyright 2002 – 2013, and may not be used without the permission of the publisher – unless that post contains less than 10% of the word count of this full post and it contains a link back to this original post in its own browser window or tab.

New Fully Integrated Electronic Communication Capability Facilitates 2-Way “Dialogue” Between Dealers and Their Customers From Within the DMS

LAS VEGAS, NEVADA– Feb. 3, 2012 - Quorum Information Technologies Inc. (TSX VENTURE:QIS) (Quorum) announced today that its dealership and customer management system, XSellerator™ now has an innovative and ground-breaking new feature for dealerships to communicate with their customers through email and text, including automated messaging triggers based on the customers’ preference.

Full coverage of QIS: http://stockgurucanada.com/?s=qis

“This is nothing short of amazing,” stated Brent Kennedy, Dealer Principal of Edwards Garage in Alberta. “Time and again Quorum has brought us advanced new features in the areas of factory integration and process efficiency, but this one is truly ‘the next big thing.’ As Quorum’s test dealership for Communicator, we were impressed with how well thought-out and integrated the new functionality was.” Brent continued. “The real test was when we started using it with our customers and the results are outstanding. Customers are ‘wowed’ and we can use Communicator to truly ‘delight’ them. At the same time, we are recognizing significant efficiencies as our service advisors no longer use valuable time playing ‘phone tag’,” he concluded.

Dan Ichelson, Quorum’s VP of Operations and Development explained, “It all started with a simple request… ‘can we send a text message to our customers using your system?’ But, we took a step back and realized it was much more than that. This was an opportunity to bring something of extraordinary value to our customers. We realized that what we really needed was an architecture for dealerships and their customers to use available technology to communicate quickly and efficiently. And, to store a snapshot of the communication right with the transaction. With that notion, ‘Communicator’ was born.”

Communicator is embedded functionality within Quorum’s XSellerator DMS that takes advantage of Microsoft’s Lync messaging technology. With Lync at the core, Quorum’s team built extensions to handle 2-way communication via a mixture of email and mobile texting and “attaches” the entire “dialogue” with the transaction that it is associated with. As an example, a customer may indicate that they prefer to be texted when their vehicle is ready for pick up in service. The service advisor notes that preference with a couple of clicks, and at the completion of the final case on the repair order, a text message is automatically sent to the customer. The unique feature, however, is that the customer can reply and the advisor can reply to that (to schedule a shuttle pick-up, for instance). It is all stored with the customer’s repair order forever.

The same functionality can be used for ad-hoc communication like sending the customer a quick text for authorization of a repair, or to ask a question about their vehicle. Or, the customer’s request for a shuttle pick up can quickly be routed to the shuttle driver along with their location and all messages are stored with the repair order.

Mark Allen, Quorum’s VP of Sales, Marketing and Services commented, “Communicator is a game changer in the DMS field. It is difficult to explain in words, but when dealers see it in action, they instantly ‘get it.’ We are showing the first production version of it in our booth at the NADA conference in Las Vegas this year (Booth #3410) and I invite all dealers to come take a look there or call us for a demonstration. You have to see it for yourself.”

Maury Marks, Quorum’s President and CEO added, “This is only the tip of the iceberg, so-to-speak. The Communicator architecture is designed so that Quorum can add messaging modules to virtually any transaction and create automated trigger points based on statuses or updates. For example, in sales, reminders of demo or delivery appointments can be generated. Or, imagine if the minute a customer showed up in the service drive-through their sales person got an instant message or text that their customer is there and to stop by to say hello. The possibilities are endless and we are working closely with our dealers to get even more ideas of how the technology can help their business. After all, that is what we are here for… to help dealers with their business.”

About Quorum

Quorum is a North American company focused on developing, marketing, implementing and supporting its XSellerator product for GM, Isuzu, Chrysler, Hyundai, KIA, Nissan, Subaru, NAPA and Bumper to Bumper dealerships. XSellerator is a dealership and customer management software product that automates, integrates and streamlines every process across departments in a dealership. One of the select North American suppliers under General Motors’ IDMS program, Quorum is the second largest DMS provider for GM’s Canadian dealerships with 25% of the market. Quorum is a Microsoft Partner in both Canada and the United States. Quorum Information Technologies Inc. is traded on the Toronto Venture Exchange (TSX-V) under the symbol QIS. For additional information please go to www.QuorumDMS.com.

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Unless otherwise noted at the end of this sentence, we hold no position – long or short – in any of the companies featured on StockGuruCanada.com. All posts are (C) Copyright 2002 – 2013, and may not be used without the permission of the publisher – unless that post contains less than 10% of the word count of this full post and it contains a link back to this original post in its own browser window or tab.

MONTREAL, QUEBEC– Feb. 3, 2012 - TOMAGOLD CORPORATION (TSX VENTURE:LOT) (“TomaGold” or the “Company”) – is pleased to announce the beginning of a 3,000 metres, 21 holes, drill program on the 100% owned Monster Lake Property located to the southwest of the Chapais-Chibougamau mining districts.

The Monster lake property was recently acquired by TomaGold, along with two other gold projects (Urban and Vassan), from Stellar Pacific Ventures inc. Over the past two years, Stellar drilled 46 diamond drill holes (5,235 m) on gold bearing structures defined along a 4 km long NNE striking mineralized corridor. The mineralization is related to dark quartz-sulphide veins within an altered shear zone ranging from 3 to 10 metres in width in basaltic units.

Full coverage of LOT: http://stockgurucanada.com/?s=lot

Significant results were obtained by Stellar all along the mineralized system. The following table is a summary of the best intercepts (2010 and 2011 programs):

No cut off grade was applied. True thickness is estimated at 80% of core length.

 

The Company intends to pursue Stellar’s definition drilling program in following up on surface mineralization as defined by intensive stripping and channel sampling in the summer and fall of 2011. The Company will test several sectors of the mineralized system, including newly discovered zones in the south of the property and the well-known Eratix showing in the centre of the property.

ABOUT MONSTER LAKE PROPERTY

The Monster Lake property is located 44 kilometres South-West of the town of Chibougamau in northern Quebec. It is easily accessible by road and has a major power line nearby. From 1984 to 1995 SOQUEM drilled 142 holes for nearly 20,000 meters of diamond drill core and excavated several trenches along this 4 kilometre long mineralized corridor. Before Stellar’s drilling, there were more than 45 known intersections of greater than 1 g/t Au from drill core or channel samples. The 3 principal showings, Eratix, Zone IV & III and Zone 52, have been drilled at 50 meter interval, but for the most part with only one hole per section, leaving several now economic intersections wide open, along strike and at depth.

The technical content of this press release have been reviewed and approved by Mr. Maurice Giroux, a qualified person as defined in NI 43-101 regulation.

 

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Unless otherwise noted at the end of this sentence, we hold no position – long or short – in any of the companies featured on StockGuruCanada.com. All posts are (C) Copyright 2002 – 2013, and may not be used without the permission of the publisher – unless that post contains less than 10% of the word count of this full post and it contains a link back to this original post in its own browser window or tab.

ST. JOHN’S, NEWFOUNDLAND AND LABRADOR– Feb. 3, 2012 – Vulcan Minerals Inc. (“the Company”)(TSX VENTURE:VUL) is pleased to announce a transaction with Investcan Energy Corporation (“Investcan”) regarding the Bay St. George petroleum project onshore western Newfoundland. Vulcan and Investcan each own a 50% working interest in the project with Vulcan as the operator. Pursuant to a term sheet agreement Investcan agrees to purchase Vulcan’s 50% working interest for a $2.5 million cash payment and Vulcan retains a 2% gross overriding royalty on all three permits comprising the property (03-106, 03-107, 96-105). The agreement is subject to standard terms and conditions for fulfillment on closing, including approval of the TSX Venture Exchange.

Full coverage of VUL: http://stockgurucanada.com/?s=vul

Over the last three years, the Vulcan-Investcan joint venture has explored the property resulting in a tight sandstone gas discovery (Red Brook – Robinsons) and the continued delineation of the shallow tight oil deposit at Flat Bay. Substantial investment will be required in order to assess whether either of these discoveries have commercial potential. In the interest of avoiding drastic equity dilution of the company that would be required in the current existing market to fund further work on the project, the company has decided to convert its participating interest into a carried royalty interest which provides it with a no risk, no expense exposure to any production that ultimately might be derived from the project. As well, the $2.5 million cash payment will allow the Company to search for new projects where it can continue to utilize its petroleum and mineral exploration expertise.

Commenting on the transaction Patrick Laracy, President, said, “Vulcan has executed its exploration plan in the Bay St. George basin over the last several years and has made two early stage unconventional discoveries which will require significant investments to determine whether they have commercial viability. This will involve development type evaluations and financial commitments which are beyond the exploration expertise and capacity of the company. Therefore, after much deliberation the Board decided it is in the best interests of the company to convert its ownership to a carried royalty and use the $2.5 million cash to generate other projects which are more within the scope and skillset of the company. We appreciate Investcan’s desire to continue to invest in the Bay St. George project.”

The Company currently maintains petroleum interests in western Newfoundland through its minority stake in the Parsons Pond play and a 19% shareholding in NWest Energy Corp. which recently conducted a transaction on its Green Point tight oil play as reported by news release dated January 17, 2012. The Company also maintains a 30% participating interest in exploration license EL 1107 offshore Labrador. The Company also owns mineral interests including the potash /salt mineral rights in western Newfoundland and the TL nickel prospect in Labrador.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations. Certain risk factors may also affect the actual results achieved by the Company.

There can be no assurance that forward-looking information will prove to be accurate. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the forward-looking information. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Shares Issued: 57,526,129

 

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StockGuruCanada would like to feature companies on the TSX and the TSX Venture Exchange that you like. If you know a great one, let us know. If you are with the company and you would like to commercially feature your company, drop us an email or give us a call.

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Unless otherwise noted at the end of this sentence, we hold no position – long or short – in any of the companies featured on StockGuruCanada.com. All posts are (C) Copyright 2002 – 2013, and may not be used without the permission of the publisher – unless that post contains less than 10% of the word count of this full post and it contains a link back to this original post in its own browser window or tab.

TORONTO–(Marketwire – Feb 3, 2012) – Ring of Fire Resources Inc. (the “Company“) (TSX VENTURE: ROF), (FRANKFURT: RG5), (PINKSHEETS: HWKPF) is pleased to announce that it has closed off its non brokered private placement of flow-through units (the “FT Units“) and common share units (“CS Units“) following receipt of additional subscription agreements for a total of 454,545 additional FT Units at a cost of $49,999,95, and a total of 1,900,000 additional CS Units at a cost of $209,000. No further subscriptions agreements will be accepted under the terms of this offering, and the closings for these subscriptions are scheduled to be completed by February 6, 2012.

Full coverage of ROF: http://stockgurucanada.com/?s=rof

Each of the 454,545 additional FT Units subscribed for will be comprised of one common share of the Company (with 454,545 common shares to be issued) and 1/2 warrant (“FT Warrant”) (with 227,272 FT Warrants being issued). Each full FT Warrant will entitle the holder to purchase one non flow-through common share for a period of 2 years at an exercise price of $0.15 per share for the first 12 months and $0.20 per share for the second 12 months.

Each of the 1,900,000 additional CS Units subscribed for will be comprised of one common share of the Company (with 1,900,000 common shares to be issued) and 1/2 warrant (“CS Warrant“) (with 950,000 CS Warrants being issued). Each full CS Warrant will entitle the holder to purchase one common share for a period of 2 years at an exercise price of $0.11 per common share for the first 12 months and $0.15 per common share for the second 12 months.

The common shares and warrants issued in this closing are subject to a four month hold period which will expire on May 4, 2012 with respect to 2,054,545 common shares and 1,027,272 warrants, and on May 7, 2012 with respect to 300,000 common shares and 150,000 warrants.

In connection with this tranche closing, the Company is paying agents an aggregate cash commission of $7,470 (equal to up to 9% of the proceeds from the sale of securities placed by agents) and issuing an aggregate of 45,454 flow-through broker warrants (“FT Broker Warrants“) (equal to up to 10% of the number of FT Units placed by agents) and 30,000 regular broker warrants (“CS Broker Warrants“) (equal to up to 10% of the number of CS Units placed by agents). Each FT Broker Warrant will entitle the holder to acquire one common share for a period of 2 years at an exercise price of $0.15 per share for the first 12 months and $0.20 per share for the second 12 months from the date of issue. Each CS Broker Warrant will entitle the holder to acquire one common share for a period of 2 years at an exercise price of $0.11 per share for the first 12 months and $0.15 per share for the second 12 months from the date of issue.

A total of approximately $2,400,000 was raised by the Company in this private placement, which has received conditional approval from the TSX Venture Exchange. However, the private placement remains subject to final approval by the TSX Venture Exchange, as well as any other applicable regulatory approval.

In accordance with tax requirements, the proceeds from the private placement of FT Units will be used primarily to fund mineral exploration activities on the Company’s properties. The proceeds from the private placement of CS Units will be used to fund mineral exploration as well as for general working capital purposes.

Memorandum of Understanding with Mattagami and Matachewan First Nations

The Company is also pleased to announce that it has received approval of the TSX Venture Exchange of the Company’s Memorandum of Understanding with the Mattagami and Matachewan First Nations in relation to exploration to be conducted on its Project 81, in the Timmins area, Northern Ontario.

Under that agreement ROF will contribute toward the First Nations communities in amounts based on a percentage of its exploration expenditures on the mining claims within their traditional lands relative to the Company’s Project 81. As previously disclosed, ROF will also issue 50,000 common shares to each of the First Nations over a period of 18 months and issue options to purchase 50,000 common shares of ROF to each First Nation. The options will vest 25% on January 30, 2012, 25% on June 9, 2012, 25% on January 9, 2013, and 25% on June 9, 2013. Each option will be exercisable for one common share of ROF at an exercise price of $0.10 per share until January 30, 2017.

The Memorandum of Understanding includes, among other things, terms outlining environmental protection, employment, training and business opportunities, and the mitigation of impacts on the traditional pursuits the members of the respective communities.

About Project 81:

Project 81 covers over 70,000 hectares of crown and patented land divided into 2 blocks on which a recent airborne geophysical program has just been completed and awaiting final interpretation of data. The patents include surface, mineral and timber rights, and cover a number of mineralized zones on which historical exploration work carried out in the 1960′s to 1980′s (these sample results are historical and non NI 43-101 compliant) identified nickel and gold mineralization. In addition, the holdings include a significant timber resource.

About Ring of Fire Resources Inc.:

Ring of Fire Resources Inc. is a Canadian based junior exploration company holding in excess of 70,000 hectares of property in the Timmins, Iroquois Falls and Smooth Rock Falls areas of Northern Ontario, upon which it plans to carry out a detailed exploration program during 2012. It also holds a portfolio of diversified exploration projects at various stages of exploration and drilling for Vanadium/Nickel/Copper/Chromium/PGM in the ‘Ring of Fire’ McFauld’s Lake Area of Northern Ontario, Gold in the Wawa area of Northern Ontario, and Uranium in Northern Saskatchewan.

More detailed information is available on the website at www.ringoffireresources.com

Cautionary Statement:

Neither 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of Ring of Fire Resources Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Ring of Fire Resources Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

 

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StockGuruCanada would like to feature companies on the TSX and the TSX Venture Exchange that you like. If you know a great one, let us know. If you are with the company and you would like to commercially feature your company, drop us an email or give us a call.

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Unless otherwise noted at the end of this sentence, we hold no position – long or short – in any of the companies featured on StockGuruCanada.com. All posts are (C) Copyright 2002 – 2013, and may not be used without the permission of the publisher – unless that post contains less than 10% of the word count of this full post and it contains a link back to this original post in its own browser window or tab.

VANCOUVER, BRITISH COLUMBIA– Feb. 3, 2012 - Cobra Venture Corporation (the “Corporation”) (TSX VENTURE:CBV) is pleased to announce that it has completed the sale (the “Sale”) to Keystone Royalty Corp. (“Keystone”) of all of its freehold mineral and royalty interests in the Province of Saskatchewan, effective as of January 1, 2012 (the “Effective Date”), for an amount of $5,250,000, which is subject to usual industry adjustments for the period between the Effective Date and the date of closing (the “Purchase Price”). A final settlement of all applicable adjustments shall occur within 60 days of closing. The Purchase Price was paid by Keystone by: (i) the transfer of 1,767,000 common shares of the Corporation which were owned by Keystone to the Corporation for cancellation at a deemed price of $0.30 per common share; and (ii) $4,719,900 paid in cash.

Full coverage of CBV: http://stockgurucanada.com/?s=cbv

The Sale was approved by 99.90% of the votes cast in person or by proxy at the special meeting of shareholders of the Corporation held on January 30, 2012. In addition, Sayer Energy Advisors provided a fairness opinion to the board of directors of the Corporation, which opinion was included in the management information circular of the Corporation sent to shareholders in respect of the special meeting, that as of December 23, 2011, the consideration to be received by Corporation in connection with the Sale was fair, from a financial point of view, to the Corporation and its shareholders.

Upon final approval of the Sale by the TSX Venture Exchange (the “Exchange”), and as a result of the disposition of the Saskatchewan assets, the Corporation shall be a Tier 2 oil and gas issuer on the Exchange. It is anticipated that the 1,767,000 common shares of the Corporation being transferred to the Corporation for cancellation in partial satisfaction of the Purchase Price shall be cancelled as soon as practicable, resulting in 15,903,748 common shares of the Corporation being issued and outstanding.

About Cobra Venture Corporation

Cobra Venture Corporation is an emerging energy corporation focused on the acquisition and development of strategic oil and natural gas reserves in Western Canada. Common shares of the corporation trade on the TSX Venture Exchange under the symbol CBV.

Forward-Looking Statements

This press release contains “forward looking statements” within the meaning of applicable Canadian securities legislation. The words “could”, “plan”, “expect”, “estimate”, “anticipate”, “project”, “predict”, “intend”, “may”, “potential”, “believe” and similar expressions and variations thereof are forward-looking statements. These include, but are not limited to, statements respecting anticipated business activities, the timing of settlement of adjustments to the Purchase Price, the final acceptance of the Sale by the Exchange, the Tier 2 issuer status of the Corporation on the Exchange, the cancellation of the common shares transferred to the Corporation and any other statements that are not historical facts. Statements in this release that are forward-looking statements are subject to various risks and uncertainties including, but not limited to, the ability to obtain regulatory body approval in respect of the Sale and the listing of the Corporation as a Tier 2 issuer on the Exchange, the ability to settle the final adjustments to the Purchase Price and cancel the common shares in a timely manner or at all and such specific factors disclosed under the heading “Risk Factors” in the Corporation’s periodic filings with Canadian securities regulators. Although the Corporation believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Such information contained herein represents management’s best judgment as of the date hereof based on information currently available. The reader is cautioned not to place undue reliance on forward-looking statements. The Corporation undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date of this release. You should carefully review the cautionary statements and risk factors contained herein and in the documents that we file from time to time with the Canadian securities regulators.

 

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Unless otherwise noted at the end of this sentence, we hold no position – long or short – in any of the companies featured on StockGuruCanada.com. All posts are (C) Copyright 2002 – 2013, and may not be used without the permission of the publisher – unless that post contains less than 10% of the word count of this full post and it contains a link back to this original post in its own browser window or tab.