|
|
|
NEWS BEHIND THE RATINGS
Copper Mountain Mining Corporation (TSX CUM) The mine produced 22.2 million pounds of copper, 7,800 ounces of gold, and 161,800 ounces of silver during the four months of operations in 2011. Since start up of production in September 2011 the mine has continued to make one shipment of concentrate per month to the smelters in Japan. As of December 31, 2011 the mine completed a total of four shipments containing approximately 17.4 million pounds of copper and precious metals generating an estimated $80 million in gross revenue.
RuggedCom Inc. (TSX RCM) RuggedCom Board agrees to C$33.00 per share cash offer from Siemens
B2Gold Corp (TSX BTO) B2Gold achieved record consolidated gold production for La Libertad and Limon mines in Nicaragua in the fourth quarter of 2011, producing 38,808 ounces of gold. Total gold production for 2011 was approximately 144,604 ounces, at the upper range of guidance. B2Gold is projecting another record year for gold production in 2012, with consolidated production from La Libertad and Limon Mines in Nicaragua estimated to total approximately 150,000 to 160,000 ounces of gold at a cash operating cost of approximately $590 to $625 per ounce. The mines are projecting a total of approximately $140 million in cash from operations based on a gold price of $1,550 per ounce. B2Gold has no debt and no gold hedging. Average operating cash costs have been budgeted to be approximately 10% higher in 2012 compared to 2011 mainly due to a higher strip ratio at La Libertad and higher consumables and power costs.
Hemisphere GPS (TSX HEM) Established in 2008, AgJunction has developed a patent-pending, flexible, web-based system for client, farm and field management. The system is open and cloud-based to easily capture and share data from many types of precision agriculture controllers on the farm. Effective use of precision agriculture data can result in lower costs and environmental impact through lower use of pesticides, fertilizer and fuel, and provide a higher crop yield per acre, increased profitability and lower the impact on global food costs.
Timmins Gold Corp (TSX/AMEX TMM/TGD) Timmins Gold Reports Record Production of 21,524 Gold Ounces in Final Quarter of 2011 The Company achieved record gold production of 21,524 gold ounces for the quarter, including a record month of 8,504 ounces of gold production for the month of December, 2011. The Company is pleased to report that the recovery ratio in December, 2011 was 76%. The recovery ratio for the period October 1, 2011 to December 31, 2011 was 65%, up from 55% in the same period last year.
2011 Top Analysts Just configured RCM Ruggedcom Scott Penner............ TD Newcrest (Top 1 of 9 analysts) RUS Russel Metals 1) Paul D'Amico.......TD Newcrest (Top 1 of 6 analysts) HEM Hemisphere GPS 1) Richard A. Kelertas .......Dundee Capital Markets (Top 1 of 6 analysts) ABX Barrick Gold 1) David Haughton ............BMO Capital Markets (Top 1 of 18 analysts) EXFO EXFO 1)Daniel Kim ..............Paradigm (Top 1 of 7 analysts) ATML Atmel Corporation 1) Recognia (Top 1 of 15 analysts) TMM Timmins Gold 1)Nicholas Campbell ............Canaccord/Genuity (Top 1 of 4 analysts) ORE Orezone Gold 1) Recognia (Top 1 of 8 analysts) HBM Hudbay Minerals 1) David Cotterell ............BMO Capital Markets (Top 1 of 13 analysts) POT PotashCorp 1) Ben Isaacson...........…Scotia Capital (Top 1 of 27 analysts)
Orezone Gold Corporation (TSX ORE) Orezone Reports Continued Positive Results at Bombore Gold Project The results from the near surface oxide zone, both within and outside the pit shells that constrain the 2010 resource, continue to be positive and indicate that a significant expansion and upgrade of the oxide resources should be expected. As a result of new mineralization outside of the previous pit shells, the original 170,000 m drill program has been expanded to 215,000 m with the addition of 30,000 m of RC and 15,000 m of core drilling. Drilling is expected to be completed this quarter with a full NI 43-101 compliant resource update scheduled for release at the end of the second quarter. Further expansion drilling will continue through the balance of 2012.
The Jean Coutu Group (PJC) Inc. (TSX PJC.A) The Jean Coutu Group-Third Quarter of Fiscal Year 2012 Results Revenue amounted to $700.1 million compared with $681.1 million during the third quarter of fiscal year 2011, a 2.8 % increase Net profit per share amounted to $0.23 compared with $0.21 during the third quarter of fiscal year 2011 By refusing to go along with conventional thinking and by asking the people themselves what they wanted, he set a course for Iceland's remarkable economic recovery. In this hour the president of Iceland, on democracy and the fearsome power of the marketplace. http://www.cbc.ca/video/news/audioplayer.html?clipid=2175162753 You may also want to listen to the end because there is a song submitted by a listener, Stephen Hardy, which is a real treat.
Funny Thing Happened This Week.... Sugar Sammy is a Montreal comedian who works in 4 languages. His latest show You're Gonna Rire - Le show franglais spoofs our two official languages, and in a few weeks he's off to make people laugh in Haiti. We thought there were some pretty funny things in the news this week- from RIM executives getting turfed by Air Canada and then losing their jobs, to the City of Gatineau asking immigrants to layoff on the spicy food. So we invited Sammy to spin it out for us and see how things look from his side of the http://www.cbc.ca/day6/blog/2011/12/09/episode-55-/ RIM at the 36.20 minute mark.
IMRIS (TSX/NSDQ IM/IMRS) MacDonald, Dettwiler and Associates Ltd IMRIS and MDA Advancing Image Guided Surgical Robotics Program The system is being designed initially to perform microsurgery and biopsy-stereotaxy applications on the brain with sub-millimeter precision by bringing the capabilities of surgical robotics together with real time MR imaging in a fully integrated IMRIS surgical suite under the full control of the neurosurgeon. Ultimately, the technology is expected to extend into a broad range of surgical applications A clinical trial utilizing the first generation of the robot on a cohort of 120 patients is currently underway, led by Garnette Sutherland, MD, Professor of Neurosurgery, at Calgary's Foothills Hospital. The first public demonstration of IMRIS' robotic technology will be at the Congress of Neurological Surgeons in Washington DC, where Dr. Sutherland will share his experiences on October 3 and 4, 2011 with delegates visiting the IMRIS booth.
The
House
|