calichebahada.com » :: calichebahada.com

we are right where we were in august.. the last 2 or 3 news releases have been huge to de risk and move the project forward and they have been ignored by the market..spring is coiled pretty tight..

also large volume on ole..someone getting out.. and in.. dunno

Newstrike Named top 5 on TSX Venture!!!

caliche — Wed, 15 Feb 2012 21:57:14 +0000

Newstrike Named in 2012 TSX Venture 50

February 15, 2012

Vancouver, B.C., February 15, 2012 – Newstrike Capital Inc. (TSXV: NES) (“Newstrike” or the “Company”) is pleased to announce that it has been named one of the 2012 TSX Venture 50® companies, an annual ranking of strong performers listed on the TSX Venture Exchange.

“We are delighted to be named to the 2012 TSX Venture 50®. Inclusion in the mining category is a milestone for Newstrike and, more importantly, for our shareholders,” said Richard Whittall, President and CEO.

The 2012 TSX Venture 50® is a yearly ranking comprised of the top ten companies in each of five major industry sectors that have been identified as leaders in providing shareholder value on Canada’s junior stock exchange. The 2012 TSX Venture 50® companies were chosen based on the following criteria: share price appreciation, trading volume, market capitalization growth and analyst coverage. Newstrike was ranked 5th among those companies selected in the Mining classification.

About Newstrike (TSXV: NES)

Newstrike Capital Inc. is a gold-silver focused explorer, targeting known and historic mining districts in Mexico. Current management and directors co-discovered Goldcorp’s and Teck’s significant discoveries in Guerrero Gold Belt in Guerrero State, currently in advanced stages of exploration and production.

Newstrike holds a 100% interest in certain exploration properties in Mexico located within two established mining districts; the gold-bearing oxidized iron skarn-porphyry camp of the Guerrero Gold Belt, and the polymetallic Ag-Au-Cu rich epithermal camp of the mining districts of Oaxaca State.

For further information, please contact:

Newstrike Capital Inc.

Richard Whittall
Director, President & CEO

Phone: 604-605-4654
website: www.newstrikecapital.com
blog: www.newstrikecapital.com/blog

TXG vs NES

caliche — Sun, 12 Feb 2012 08:16:04 +0000

In another great post from taylor on SH he underscores the great value NES represents vs Torex at current valuations.

in relative terms with TXG trading at 2.05 NES should be trading darn near 8 dollars a share..

reposted form stockhouse

Torex trades at $160 / oz valuation based on their enterprise value while NES trades for $55 / oz based on their enterprise valuation currently.

TXG has an open-pit an underground deposit capable of producing over 250,000 ounces of gold per year at 3.0 g/t au while NES has the potential for an open-pit deposit with a very high-grade starter pit (2.5 – 3.5 g/t au near surface) and production of 250,000 – 350,000 ounces per year potential.

The only significant difference between TXG and NES currently is their difference along the development stage. TXG has a 43-101, a Feasability study on the way and plan to produce gold by 2014. NES is working on a 43-101 for end of Q1, is working on metallurgy with PEA to follow I’m sure and is just over a year behind TXG.

In terms of ounces found I would say that’s a different story. Currently I think the minimum ounces NES has on their deposit (not what will be reported on the 43-101) is 6.5 – 9 million ounces. This is substantially higher than TXG’s current 3.6 million ounces they are trying to upgrade to 5 million ounces this quarter.

There’s a minimum of 3.0 million ounces gold equivalent in the low-grade with another 3.0 million ounces in the breccia and now a new discovery 1 km southwest with potential for 250,000 – 2,000,000 ounces of gold when all is said and done. I wouldn’t call the new discovery a fluke and I really like the last results that show further continuity at similar grades as this geological team has done it before.

If I had to place my bets on the GGB and Mexico I’d certainly do so on NES with a $320~ million enterprise value vs. TXG’s $825~ million enterprise value and Goldcorp’s $35~ + billion market cap.

Goldcorp holds 10 + million ounces, TXG holds 5~ million ounces (post 43-101) and NES has the potential to hold 6-9 million ounces and this is on one portion of one property of their 89,000* (new acquisition) hectares.

The geological team that NES is blessed with already has discoveries under their belt on the Guerrero Gold Belt so I certainly like the pace they’re moving at with 2 discoveries (breccia January 2011), (step-out January 2012) in under one year thus far!

Thanks again to a great team (Newstrike) for avoiding dilution and progressing things so quickly!!

I can sleep well at night knowing everyday that goes by another hole is being punched in virgin ground southwest of the main Ana Paula deposit that could lead to much more attention on this seemingly thin traded on 90% of trading days.

Lawrence Roulston, Resource Opportunities on Newstrike

caliche — Fri, 10 Feb 2012 10:13:40 +0000

Lawrence Roulston, Resource Opportunities (1/31/12) “Newstrike Capital Inc. reported the final assays from the 2011 drill program on its Ana Paula project in the Guerero Gold Belt of Mexico. The results continue to push out the limits of deposits that already have the scope for multimillion ounces of gold. Beginning with several holes drilled by a previous operator, the Newstrike geological team has now discovered several extensive zones of gold mineralization. . .all of the zones remain pen laterally and to depth. The potential size and grade of the gold mineralization as so far outlined by the drilling are consistent with other large deposits nearby.”

Calyx hires Mammoth Market for IR

caliche — Fri, 10 Feb 2012 10:12:06 +0000

CALYX BIO-VENTURES INC. ENTERS INVESTOR RELATIONS AGREEMENT

Calyx Bio-Venture Inc. has retained the services of Mammoth Market Advisory Corp. to provide investor relations services on behalf of the company pursuant to an agreement dated Feb. 7, 2012. The consultant will initiate and maintain contact with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of the company and its activities.

The agreement is for a term of 12 months commencing on Feb. 7, 2012, and may be terminated by either party on 30 days written notice. The consultant will receive a monthly fee of $5,000 and is being granted 200,000 stock options. The options are exercisable for a period of two years from the date of grant at an exercise price of 40 cents per share and are subject to vesting over a 12-month period, with one-quarter of the options vesting each quarter. The options follow the guidelines as set out in the company’s stock option plan and as set by the TSX Venture Exchange. The agreement and the options granted thereby are subject to the approval of the TSX Venture Exchange.

Other than pursuant to the options, the consultant does not have any right or intent to acquire any interest, directly or indirectly, in the company or its securities. The consultant does not intend to undertake any market making activities.

Agrisoma Receives $490,000 for Bio Fuel Development

caliche — Sun, 22 Jan 2012 09:37:45 +0000

Agrisoma Receives Funding from Saskatchewan
Agriculture Development Fund
$490,000 to support further enhancement of Carinata for biofuel
Saskatoon, SK January 12, 2012 – Agrisoma Biosciences Inc. has been granted $490,000 from the
Saskatchewan Agriculture Development Fund (ADF) to support the continued enhancement of
Carinata energy feedstock for biofuel production. This funding is recognition of both the leading‐
edge research and innovation being conducted by Agrisoma, as well as the opportunity Carinata
offers growers in Southern Saskatchewan as a new crop option.
“With the first commercial quantities of Carinata seed set to go in the ground this year,
Agrisoma is at a key point its quest to deliver a scaleable, economically viable source of biofuel,”
said Steven Fabijanski, President and CEO of Agrisoma. “The ADF support will help to accelerate
our development of Carinata varieties with oil composition and oil chemistry optimized for
biofuel production.”
Specifically, Agrisoma will use the ADF grant to support the application of the company’s
proprietary Engineered Trait Loci (ETL) technology to Carinata. Using ETL technology, Agrisoma
intends to stack multiple new traits into conventional Carinata. These traits are designed to:
further enhance the Carinata oil profile for biofuel; increase the oil content within each Carinata
seed; heighten overall plant yield; and, improve the plant’s ability to thrive in semi‐arid areas
with reduced inputs.
The grant to Agrisoma was announced as part of a record $8.3 million in crop‐related research
the ADF is granting to a range of agricultural organizations and projects. ADF provides funding to
help institutions, companies and industry organizations conduct research, development and
value‐added activities that will benefit Saskatchewan growers and ranchers.

Agrisoma (Calyx) to test Bio Fuel in Jets

caliche — Sun, 22 Jan 2012 07:51:32 +0000

Jets test fuel from new oilseed

Carinata in mustard family Contracts designed to generate 5,000 to 10,000 acres this year

One of seven elite lines of brassica carinata, or Ethiopian mustard, at left, alongside a check crop of Vulcan at a Swift Current, Sask. research site last summer. | File photo

Jets are expected to make test flights this year using biofuel produced from Brassica carinata, a new oilseed in the mustard family grown in Western Canada last year.

The fuel will come from 50 acres of production last summer, but Agrisoma, the company advancing the crop and its industrial applications, plans to contract 5,000 to 10,000 acres this year.

Patrick Crampton, vice-president of business and product development for Agrisoma, told Saskatchewan mustard growers at Crop Production Week that processors tested seed from 2011.

The yellow coated, low fibre seed, also known as Ethiopian mustard, performed well at crushing plants. The oil was sent to interested aviation fuel makers.

“We are basically working with two of the major producers out there,” Crampton said.

“One is Honeywell-UOP, which has the current registered technology.… They just finished production last week and we are going to have somewhere in the neighbourhood of 800 to 1,000 litres of jet fuel produced.”

He expects test flights by military and commercial jets will be announced later this year.

“It is a key part of the development of a new market, where it is not just a new crop. It is an entirely new value chain.”

The oil is processed in a different way than for biodiesel and must produce jet fuel that is indistinguishable from the petroleum-based product to meet airline specifications.

The aviation industry is pursuing plant-based feedstocks for renewable fuels with a smaller carbon footprint. Biofuel made from jatropha, camelina and animal fat are already undergoing flight tests.

Carinata’s oil is high in erucic acid ideal for industrial applications such as jet fuel.

The crop, which is native to Ethiopia, is suited to the hotter, drier areas of the Prairies and has been in Agriculture Canada research and breeding programs for more than a decade.

Carinata maturity was three weeks later than a mid-season Argentine canola when scientists first started working with it, but they were able to reduce it to only five to seven days later.

Agrisoma, which has been co-operating with Agriculture Canada, the Plant Biotechnology Institute and the Mustard 21 project, will use its gene altering technology to enhance the oil profile and yield.

“The vision is to put the biotechnology in longer term, but we are focused on launching the conventional crop right now,” Crampton said.

“Even though it is an industrial crop, we know we need to pursue full food and safety registration for the GM product. We are committed to not jeopardizing other markets. The emerging low level presence legislation that is being developed worldwide is a key factor to that launch.”

Agrisoma will have contracts in a few weeks that are designed to attract 5,000 to 10,000 acres of production by 30 to 50 farmers.

It is working with Paterson Grain on the identity preserved closed loop contracts.

The payment will be $12.50 per bushel on farm plus an incentive of $40 per acre.

Last year it was grown in three Saskatchewan locations: Kincaid, Frontier and Scott.

“The small plot yield data shows the elite line we are bringing out is 15 to 20 percent higher yield than the oriental mustard checks,” Crampton said.

The crop’s commercial success will be enhanced if there is a market for the meal left over after crushing.

Traditional mustard types produce meal that has quality protein but suffers from high glucosinolate levels that hurt its use in livestock feed rations.

“Carinata is not truly a condiment type, spicy mustard. It is kind of midrange,” Crampton said.

“It is similar to what rapeseed originally was, which had 10 percent inclusion rates for a number of livestock species, so there is a fair bit of excitement for this meal.”