Austin, Texas 6/5/2007 9:36:46 PM
Speak with other shareholders about: (AMEX: PAL), (OTCBB: MYNG), (AMEX: GRS) and (OTCBB: CAUI) .
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Talk to other PAL shareholders by clicking the following link: http://www.stockwire.com/talkback?PAL .
To view in-depth research, click the following link: http://www.stockwire.com/detailed/analysis.php?company=PAL .
North American Palladium Ltd (AMEX: PAL) up 1.9% on 335,000 shares traded.
North American Palladium's Lac des Iles Mine is Canada's foremost primary producer of palladium. Its Lac des Iles mine in north western Ontario is among the largest open-pit, bulk mineable palladium operations in the world. On June 1st 2007, the company was pleased to announce the final results of its drill campaign on the Narkaus (SK Reef) Property in Finland (the "Narkaus Property"). The Narkaus Property is one of a group of advanced stage PGM deposits located south of Rovaniemi, Finland known as the Arctic Platinum Project ("APP") over which NAP has a joint venture agreement with Gold Fields Limited ("Gold Fields"). The Narkaus Property is comprised of three target areas: Kuohunki, Nutturalampi and Siika-Kama and is located 20 km to the northeast of the Suhanko Property, the subject of a feasibility study by Gold Fields in 2005. Since the commencement of its drill campaign in February 2006, NAP's strategy has been to focus on the near surface potential of known mineralization at the Narkaus Property in order to enhance the economics of the larger Suhanko Property and consider alternate development scenarios. While the mineralized zones at the Narkaus Property are smaller in size than the Suhanko Property, the drilling results support the belief that they are higher in grade. The Narkaus Property covers approximately a 20 km strike length of highly favourable host rock considered to be under-explored.
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Talk to other MYNG shareholders by clicking the following link: http://www.stockwire.com/talkback?MYNG .
To view in-depth research, click the following link: http://www.stockwire.com/detailed/analysis.php?company=MYNG .
Golden Eagle International, Inc. (OTCBB: MYNG) up 15% on 10.7 million shares traded.
Golden Eagle International, Inc. is a gold and copper exploration and mining company headquartered in Salt Lake City, Utah and with offices also in Santa Cruz, Bolivia. On June 4th 2007, the company announced that it signed a non-binding Term Sheet with Platinum Diversified Mining Inc. ("PDM") on June 2, 2007 for: (a) the sale of its Buen Futuro gold and copper project in eastern Bolivia; (b) a joint venture on its Precambrian Properties; and, (c) an option for the sale of its Gold Bar Mill. Golden Eagle will be entitled to receive $13.5 million in cash and PDM securities as an initial payment and Gold Bar option fee; $31 million in cash and PDM securities as a production payment from the Buen Futuro project, if and when initiated, as well as warrants to purchase an additional $24 million of PDM stock, and other forms of consideration. In addition, Golden Eagle will have a 40% participation in the joint venture on the Precambrian Properties, to which PDM will contribute the first $5 million for exploration and development.
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Talk to other GRS shareholders by clicking the following link: http://www.stockwire.com/talkback?GRS .
To view in-depth research, click the following link: http://www.stockwire.com/detailed/analysis.php?company=GRS .
Gammon Lake Resources Inc (AMEX: GRS) up 4.9% on 505,000 shares traded.
Gammon Lake Resources Inc. is a Nova Scotia based mid tier gold and silver producer with properties in Mexico. The Company's flagship Ocampo Project achieved commercial production in January 2007. On June 4th 2007, the company was pleased to announce the appointment of Dave Keough as Executive Vice President and Chief Operating Officer effective July 3, 2007. Along with responsibility for managing the operations, exploration and expansion of the Ocampo and El Cubo mines in Mexico, Mr. Keough will oversee the exploration, evaluation and advancement of the exciting Guadalupe y Calvo exploration project. "Dave Keough has been involved in the gold mining industry for more than 24 years and brings extensive international experience in mining and exploration, project evaluation, feasibility studies and project and business development" commented Russell Barwick, Gammon's recently appointed CEO. "His significant experience in Latin America and prior experience in Asia-Pacific provide a unique skill set critical to Gammon's current needs."
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Talk to other CAUI shareholders by clicking the following link: http://www.stockwire.com/talkback?CAUI .
To view in-depth research, click the following link: http://www.stockwire.com/detailed/analysis.php?company=CAUI .
CanAm Uranium Corp (OTCBB: CAUI) down 6% on 1 million shares traded.
CanAm Uranium Corp. is a Nevada incorporated junior resource company with a corporate objective focused on the strategic acquisition and development of exploration properties in well-known prolific mining areas, especially known for Uranium, of Canada, Southern Africa, Australia and the United States. On June 4th 2007, the company had previously announced June 1st that it has acquired an option to own 100% of the Reilly Uranium Property in the Sault St. Marie District of Ontario expanding the company's property holdings to over 159,000 acres of Uranium claims collectively. The terms provides the company with the option to purchase 100% of the property by the staged issuance of 80,000 company common shares and CAD110,000 in cash payments. The underlying vendor retains a 2% NSR royalty of which 1% can be bought back by the company for CAD1m and the first right of refusal for the remaining 1%.
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