Buffalo Gold
Buffalo Gold Provides Update on Activities
HIGHLIGHTS
- Mt. Kare license area officially doubled; 18 high priority targets being aggressively explored
- 6,750 m drill program to commence at Corridors gold project, Australia
- Sargold acquisition to move Buffalo into junior producer status
- Kinbauri drilling hits 11.1 g/t Au, 2.27% Cu over 25.6 m; shares up approximately 40% in 3 months
- Bondi Mining to drill 10,000 m; share shows approximately 30% growth in 2 months
- CEO Damien Reynolds to lead conference call update on August 9th 2007.
Im Zuge der Finanzkrise bekommt Gold mehr Gewicht als sicherer Hafen und der Kaufdruck lässt sich im Augenblick durch die Zentralbanken nicht mehr aufhalten da die meisten zur Zeit andere Sorgen haben bzw. ihr Goldverkaufsvolumen für 2007 schon verkauft haben. Ergo steigt der Goldpreis !
Wir haben auch einen interessanten Mitstreiter: Eric Sprott ! 
Dieser hat gerade in seinem letzten Report auf dieses interessante GOLD Thema hingewiesen.
Der besagte Report lässt sich unter dem Link unten herunterladen...
http://www.box.net/shared/16axyex7zo
Auf das unser Büffel wieder aufwacht....
Positive Erwähnung von BUF in folgendem Artikel:
news.goldseek.com/StewartArmstrong/1189622580.php
Buffalo Gold: A very undervalued company with excellent drill intercepts on many of their properties. BYBUF is working on all cylinders. However, I believe that so much as been happening so quickly that the public just can’t keep up. They will. It is currently around a buck and a good buy at these levels in my opinion.
Bondi Mining beruft für den 12.11. eine aoHV ein um den Buffalo Deal durchzuwinken.
http://www.asx.com.au/asx/research/....llinfo=on&asxCode=BOM
Als Vorbereitung auf die HV gibt es eine unabhängige Analyse des Aktienwertes vor und nach der Transaktion auf Seite 40:
http://www.asx.com.au/asx/statistic....mentPDF.do?idsID=00767433
Valuation of Bondi after the Announcement of the Proposed Transaction
We have determined a valuation of Bondi following the announcement of the Proposed
Transaction utilising the share history valuation methodology.
A table of the share price history of Bondi from 28 December 2006 to 17 September
2007 is presented in Appendix C-2. The table in this Appendix shows the share trading
before and after the announcement of the Proposed Transaction. We consider that the
impact of the Proposed Transaction has been reflected in the movements in the share
price in the 4 to 6 weeks following the announcement and that after that date movements
in the price of uranium and other general market factors may have had an impact on the
price. For this reason we comment on the share trading from 14 May to 30 June 2007
below.
Share Volumes
Trading volumes for the first 2 days following the announcement totalled just over
1,500,000 (1,140,179 on 14 May and 416,904 on 15 May) and in the period from 15 May
to 30 June 2007 the daily volumes traded have fallen to an average of approximately
110,000 per day.
Share Prices
Share prices between 14 May and 30 June 2007 have varied between a low of $0.48 (19
June 2007) and a high of $0.85 (14 May 2007).
The volume weighted average price of the Bondi shares from 14 May to 30 June 2007
was $0.628.
Summary – Share Price History
Based on the above information, we have formed the opinion that the Bondi shares have
a market value of $0.628 per share subsequent to the announcement of the Proposed
Transaction. As Bondi has 32,900,000 ordinary shares on issue, Bondi may be valued at
$20,661,200 subsequent to the announcement of the Proposed Transaction.
11. Control Premium
A control premium represents the difference between the price which would have to be
paid for a share to which a controlling interest attaches and the price at which a share
which does not carry with it control of the company could be acquired.
The control premium represents the increase in the value of the Bondi shareholders
interests in Bondi before and after the Proposed Transaction. In Section 7.7 we valued
Bondi in a range of $12,440,000 to $14,770,000 (mid point $13,605,000) and following
the announcement of the Proposed Transaction we valued Bondi in Section 10 above at
$20,661,200. The difference between the $13,605,000 and the $20,661,200 of
$7,056,200 represents the control premium that Buffalo is effectively paying to acquire
their 43.2% interest in Bondi.
Das bedeutet der BUF Anteil an Bondi wird mit 43,2% von $20,661,200 = 8,926 Mio$ bewertet.
Brian McEwen, CEO Buffalo Gold wird zur Edelmetall&Rohstoffmesse am 3.11. nach München kommen!
Der Buffalo Gold Vortrag ist gegen 15Uhr:
http://www.edelmetallmesse.com/de/programm-samstag.php
Er würde gerne sich mit einigen Investoren treffen wenn Bedarf besteht und hat mich angesprochen dies zu organisieren wegen des Investor Calls vor ein paar Monaten.
Bei Interesse bitte hier Nachricht hinterlassen oder Board Mail an mich !
10/16/2007
VANCOUVER, BRITISH COLUMBIA, Oct 16, 2007 (MARKET WIRE via COMTEX News Network) --
Buffalo Gold Ltd. (TSX VENTURE: BUF)(OTCBB: BYBUF)(FRANKFURT: B4K) ("Buffalo", or "the Company") is pleased to announce that Kinbauri Gold Corp. (TSX VENTURE: KNB) ("Kinbauri") has reported new drill results from the on-going 7000 metre drill program at the El Valle gold-copper project in Spain. Buffalo holds a 25.4% strategic interest in Kinbauri as part of the Company's on-going strategy of aggressively adding value through investing in or acquiring projects and companies that offer considerable growth potential (See Buffalo news release July 4th, 2007). In a news release issued earlier today, Kinbauri reported:
"...The latest set of drill results have exceeded expectations with numerous high grade intersections, including:
- 39.1 g Au/t and 1.6% Cu over 4.45 metres
- 85 g Au/t and 8.2% Cu over 2.35 metres
The objective of this exploratory drilling program was to delineate enough resource within Area 107 and the Black Skarn zones at El Valle to support a minimal six-year mine life. Kinbauri's management is encouraged by results from the completed drill program and has commissioned an up-date of the NI 43-101 resource estimates for these two zones to determine whether the mine life threshold has indeed been exceeded.
A total of 6,273 metres were drilled during this resource expansion program. Results from the final five holes are summarized below:
Zone(3) From To Interval(2) Au Ag Cu -------HOLE(1) (m) (m) (m) (g/t) (g/t) (%) Section--------------------------------------------------07KV1021 101.80 103.60 1.80 2.15 8 0.32 NBS & A10707KV1021 109.25 113.70 4.45 39.10 106 1.58 ----------including 109.25 110.75 1.50 81.65 194 3.02 4-------------------------------------------------- less than07KV1022 163.80 167.40 3.60 10.85 2 0.06 A107 less ---- than 8Including 163.80 166.20 2.40 15.03 2 0.09-------------------------------------------------- NBS07KV1023 50.10 54.00 3.90 3.80 17 0.40 ---Including 53.00 54.00 1.00 10.10 38 0.74 12-------------------------------------------------- A107 ----07KV1024 148.50 150.85 2.35 85.00 341 8.17 4-------------------------------------------------- A10707KV1015R 191.90 199.30 7.40 5.94 23 1.53 ----Including 191.90 193.70 1.80 12.01 23 1.08 10--------------------------------------------------(1) See Schedule A for relative location; (2) True thicknesses areestimated to be 85 to 95% of intervals for 07KV1015R, 07KV1022, 07KV1023and 07KV1024; 55% of intervals for 07KV1021; (3) A107 is Area 107 and NBSis Black Skarn North.
For a complete discussion of these results and the accompanying Schedule B, please see the original Kinbauri news release dated today, October 16th, 2007.
About Kinbauri Gold Corp.
Kinbauri is a TSXV - Tier 1 mineral exploration company focused on the development of precious metal prospects in northwestern Spain, Nevada and Canada. Its immediate focus is to expand and upgrade resources to reserves at the El Valle property in Asturias, Spain with a view to recommencement of operations at the mine and mill complex there. It currently has 43,372,320 common shares issued and outstanding; 67,056,236, fully diluted. For additional details on the company, please see the website www.kinbauri-gold.com.
About Buffalo Gold Corp.
Buffalo's management is dedicated to maximizing shareholder value through growth strategies that emphasize careful opportunity assessment and vigilant project management. The Company is actively acquiring and advancing gold resources to create producing assets. To find out more about Buffalo Gold Ltd. (TSX VENTURE: BUF), please visit the company website www.buffalogold.ca.
On behalf of the Board of Directors of BUFFALO GOLD LTD.
Brian R. McEwen, President and CEO
FORWARD-LOOKING STATEMENTS
Statements included here, which are not historical in nature, are Forward-Looking Statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, including without limitation, statements as to Management's beliefs, strategies, plans, expectations or opinions in connection with the Company's performance, which are based on a number of assumptions concerning future conditions that may ultimately prove to be inaccurate and may differ materially from actual future events or results. Readers are referred to the documents filed by the Company with the pertinent Security Exchange Commissions, specifically the most recent quarterly reports, annual report and material change reports, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ from those contained in the Forward-Looking Statements.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy of this press release.
Contacts: Buffalo Gold Corp. Julie Hajduk Investor Relations (604) 685-5492 or Toll Free: 1-888-685-5492 (604) 685-2536 (FAX) Email: julie@buffalogold.ca Website: www.buffalogold.ca
SOURCE: Buffalo Gold Ltd.
mailto:julie@buffalogold.ca http://www.buffalogold.ca
Copyright 2007 Market Wire, All rights reserved.
Buffalo Gold Completes Merger With Sargold
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 29, 2007) - Buffalo Gold Ltd. (TSX VENTURE:BUF)(OTCBB:BYBUF)(FRANKFURT:B4K) ("Buffalo") and Sargold Resource Corporation (TSX VENTURE:SRG)(FRANKFURT U4) ("Sargold") are pleased to announce that they have received all approvals to complete the merger with Sargold Resource Corporation, as announced on July 13th, 2007.
The Sargold shareholders voted 99.8%in favour of the merger on October 25th, and approval from the TSX Venture Exchange was received on October 26th. Final approval from the Supreme Court of British Columbia was received this morning.
Since its reactivation in late 2005, Buffalo has been pursuing an aggressive strategy of building value through the acquisition of properties and companies with significant growth potential, with a focus on assets that will provide gold production. The acquisition of Sargold represents the next step in the continuing growth of the company, moving Buffalo from pure explorer towards junior gold producer.
"We are pleased to see this merger completed as we believe that the Sardinian assets add considerable value to Buffalo," remarked Buffalo President and CEO Brian McEwen. "We look forward to ramping up the Furtei mining operation and exploring for new resources at all of the properties."
The flagship Sardinian asset is the Furtei mine project. The project includes a number of potential open pit and underground mines, a processing plant (1,000 tonne-per-day), multiple exploration targets and a fully permitted mining concession including future tailings disposal.
The Furtei processing plant was built in 1995-1996, and has a maximum annual capacity of 400,000 tonnes of ore. The Furtei mine produced 135,000 ounces of gold between 1996 and 2002 from oxide resource, after which the processing plant was converted from an oxide heap leach to a sulphide flotation plant.
The Furtei plant was re-commissioned for a marginal cost in the fourth quarter of 2006. The first new gold bar was poured in March 2007 to launch a near-term production plan based on processing the upgraded ore from the residual heap leach pad at the site. While the current production is relatively small-scale, based on metallurgical test work, internal studies and results to date the mine plan is now targeting to commence annual production of 15,000 -- 20,000 ounces of gold from the Sa Perrima gold zone within the next 3 months. The plan then includes ramping up production from the Su Coru underground zone, which is a gold-copper hosted mineralization, to produce between 60,000 -- 70,000 ounces of gold equivalent in its second year, before levelling off to approximately 50,000 ounces of gold equivalent per year for a minimum of five years.
In addition to the known mineralized zones at Furtei, there are a series of high priority gold exploration targets within the mine area, as well as at the Monte Ollasteddue and Osilo properties.
(Note: A feasibility study has not been completed on the Furtei project and there is no certainty that the projected production rates will be achieved, or that the proposed operations will be economically viable.)
Sargold will be amalgamated with a wholly-owned subsidiary of Buffalo, and shareholders of Sargold will receive one common share, common share purchase warrant or option of Buffalo in exchange for each 3.5 Sargold common shares, common share purchase warrants or options which they hold immediately prior to the date of the effective date of the Transaction, expected to be October 30, 2007. Following completion of the Transaction, Sargold shareholders will hold an approximate 25% equity ownership in the merged company.
According to the plan of arrangement approved by the Board of Buffalo Gold on October 25th, there are approximately 75,600,000 common shares of Sargold to be converted to Buffalo Gold shares. Buffalo will therefore issue approximately 22 million common shares to the Sargold shareholders. An aggregate of 67,435,643 Buffalo common shares are issued and outstanding as at the date of this news release.
To find out more about Buffalo Gold Ltd. please visit the company website at www.buffalogold.ca.
Brian McEwen is the Qualified Person for Buffalo and has read and approved the contents of this news release.
On behalf of the Board of Directors of BUFFALO GOLD LTD.
Brian R. McEwen, President and Chief Executive Officer
Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission ("SEC") permits mining companies in filings with the SEC to disclose only those mineral deposits that a company can economically and legally extract or produce. The Company uses certain terms in this news release, such as "indicated resource", that the SEC guidelines strictly prohibit from including in filings with the SEC. U.S. investors are urged to consider closely the disclosure contained in the Company's Form 20-F Registration Statement, File No. 000- 30150. The Company's filings are available on the SEC's website at http://www.sec.gov/edgar.shtml.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy of this press release.
For more information, please contact
Buffalo Gold Ltd.
Julie Hajduk
Investor Relations
(604) 685-5492 or Toll Free: 1-888-685-5492
(604) 685-2536 (FAX)
Email: julie@buffalogold.ca
Website: www.buffalogold.ca
Ich werde die Folien von München möglichst schnell auf die Homepage stellen lassen. Wer dringendes Interesse an den Folien hat kann mir auch eine BM hinterlassen. Wer Interesse an den ausgedruckten Folien hat bitte mir Postanschrift zukommen lassen.
Wer in München genau hingehört hat weiss jetzt das wir neben Mt.Kare auch mit Sargold und Kinbauri heisse Eisen im Feuer haben...
Hoffe wir kommen in den nächsten Monate wieder über den Euro mit den kommenden News.
Damit erscheinen die BUF Lizenzgebiete in einem neuen Wertansatz !
Siehe:
http://www.stockhouse.ca/news/news.asp?newsid=6175070&tick=HLPCF
http://www.smh.com.au/articles/2007/10/25/1192941242601.html
- sehr erfolgsversprechende Liegenschaften
- es wird in politisch stabilen Ländern exploriert
- günstige Arbeitskräfte und Steuern in den Gebieten
- umfangreiche Investitionen in Bohrprogramme (über 11Mio CAD bis Mail 2007, 60-köpfiges Team und viele Geologen)
-insgesamt 12000m Bohrlänge (Mt. Kare Projekt)
-weitere Uran-Liegeschaften
-Longview-Beiteiligung
-Unterstützung der Longview Technical – Expertengruppe
-Insiderkäufe von Reynolds + Longview seit Januar 2007, wobei Reynolds teilweise sinnlose Trades macht! (Kauf-Verkauf-kauf-Verkauf usw.)
-geringe Marktkapitalisierung
- bisherige umfangreiche und absolut topp Bohrergebisse
Meiner Meinung nach, wurde Buffalo die letzten Wochen und Monate zu hart abgestraft...
Ich bin mir sicher, das es demnächst zum Rebound kommt und die Trades wieder zu nehmen!
Sehr interessant finde ich den Kursverlauf von letzten Freitag in Kanada, da gingen im vergleich zu den letzten Wochen und Monaten wieder viele Pakete über den Tisch.
Was haltet ihr von dem Wert?
Ich bin auch gern für negative Sachen offen ;-)
Wenn das PP vorbei ist sehen wir wieder höhere Kurse.
Bei den Resourcen ist BUF total unterbewertet.