ITX - Intex Resources ASA

[Bartender]

Starter en topic for Crew Minerals slik at vi får et skille mellom dette selskapet og Crew Gold Corporation.

 

Hjemmeside: Crew Minerals.com

 

CREW MINERALS ASA will present quarterly financial

statements on the following dates in 2007:

 

February 27, 2007 4th quarter, preliminary 2006

May 15, 2007 1st quarter

August 15, 2007 2nd quarter

November 15, 2007 3rd quarter

 

CREW MINERALS ASA

February 12, 2007

[Bartender]

Litt info:

 

Top 20 Shareholders, 18 September 2007

 

 

Holding % Name Country

25400000 27.71 CREW DEVELOPMENT CORP. Canada

5036500 5.49 MUSLIK AS Norway

4658000 5.08 UMOE INVEST AS Norway

4500050 4.91 KAUPTHING ASA Norway

4073500 4.44 BANK OF NEW YORK, BR BNY GCM CLIENT ACCOUNT NOM United Kingdom

2936000 3.20 LANDSBANKI ISLANDS H MEGLERKONTO INNLAND MEG Iceland

1913148 2.09 THE NORTHWESTERN MUT INSURANCE COMPANY FO USA

1838000 2.01 WILHELMSEN CAPITAL AA Norway

1825000 1.99 VOLLVIK INVEST Norway

1775000 1.94 AWECO INVEST AS ATT: JOSTEIN DEVOLD Norway

1451500 1.58 MONS HOLDING AS Norway

1313199 1.43 DNB NOR SMB VPF Norway

1273500 1.39 CHRISTIANIA SECURITIES INTERIMSKONTO INNLAND Norway

1128007 1.23 CLEARSTREAM BANKING CID DEPT. FRANKFURT NOM Norway

1017000 1.11 FIRST SECURITIES ASA EGENHANDELSKONTO Norway

1000000 1.09 LOJ HOLDING AS Norway

970314 1.06 STIFTELSEN STATOILS V/ STATOIL KAPITALFOND Norway

885000 0.97 HSBC BANK PLC CLIENTS‘ ACCOUNT 15% NOM United Kingdom

850000 0.93 BANQUE CANTONALE VAU Switzerland

575285 0.63 STATOIL FORSIKRING V/ STATOIL KAPITALFOND Norway

 

64419003

70.28

Total

[Bartender]

With respect to the television segment aired on

Sunday, 23 September on NRK, Crew Minerals would

like to clarify that it has in no way acted

inappropriately in Mindoro, The Philippines.

 

The Memorandum of Agreement (MOA) that was signed

in 1999 with a sub- tribe of the Alangan tribe was

supervised by the National Committee for

Indigenous People (NCIP) in accordance with

Indigenous Peoples Rights Act and the Philippine

Mining Law. This agreement does not give Crew

Minerals the right to mine its concession. Mining

permission requires an Environmental Compliance

Certificate (ECC) which the project is not mature

enough to even apply for today. Today`s work with

the feasibility study and environmental and

community relations programs is all work that is

being conducted towards an ECC application.

 

With respect to the sub-concession related to this

MOA, the Company does not plan to move any

permanent settlements. This sub-concession is

planned be where the first 20 years of operation

will take place. It is 20 square kilometers in

size, and yearly activity will involve

approximately 1 sq. km of land which will be

immediately replanted with endemic trees and fruit

trees.

 

The community relations programs such as

microfinance, medical and dental assistance,

educational sponsorships and potable

water/irrigation infrastructure programs that the

Company conducts are part of the fulfillment of

the Mining Law of the Philippines that requires

companies to invest a percentage of their

exploration/development budget to community

development programs.

 

Crew Minerals ASA is dedicated to the responsible

and sustainable development of the Mindoro Nickel

Project, and is designing all potential mining

activities to comply with the World Bank`s Equator

Principles.

 

Crew Minerals ASA

Hans Christian Qvist

President & CEO

[Zoonic]

Dette skriver FIRST om CMI idag:

 

______________

 

 

Crew Minerals Buy (Repeated)

 

First Look

Date of publication: 24/09/2007Date for prices: 21/09/2007Date for input-data: 24/08/2007Basic Buy Target price: 33.1 NOKPrice: 12.7 NOKTicker:

 

 

24 September 2007

 

Hit hard by skewed TV News Report

We believe the recent drop in the share price based on a negative TV News Report creates a solid buying opportunity as the local agreement is based upon the Indigenous Peoples Rights Act (IPRA) and the Philippine Mining Law, and it was supervised by the National Committee for Indigenous People (NCIP). Also, the Mindoro project has already been through the Supreme Court a few years ago. In recent days the long-term nickel future has rallied and created an interesting trading opportunity. We reiterate our BUY recommendation.

 

CMI signed a Memorandum of Agreement (MOA) in 1999 with a sub- tribe of the Alangan tribe. This process was supervised by NCIP in accordance with IPRA and the Philippine Mining Law. The agreement includes a 2% royalty to the local community, compared to the 1%-level required by law and not just some rice as indicated in the News Report.

 

Also, the law requires Crew Minerals to provide microfinance, medical and dental assistance, educational sponsorships and potable water/irrigation infrastructure programs. Thus, this is not bribes as hinted by the News Report. Also, Crew Minerals does not plan to move any permanent settlements as stated in the TV News Report. The project has solid central support and also considerable local support. However, we believe there will always be a local opposition from parties that feel they could make a better deal.

 

Thus, we believe the negative share price response creates an interesting buying opportunity. Especially taking into account the recent jump in the long-term nickel future in NOK as displayed below (the graph does not include today’s drop in the share price). Short-term newsflow includes the pre-feasibility study conducted by Aker Kværner. Based on results from this study we believe CMI may attract interesting parties and financing of the project.

 

 

______________

[Bartender]

Crew Minerals ASA is pleased to report an update

for its 2007 diamond exploration activities in

West Greenland.

 

The exploration campaign has the following

highlights:

 

- Numerous new kimberlite dyke locations were

identified in the Maniitsoq region, and 73 samples

totalling approximately 2.3 tonnes were sampled for

analysis of diamond content

 

- It was discovered that the known scattered

occurrences of kimberlite dykes in the Maniitsoq

region seemingly belong to three distinct dyke

swarms

 

- Each dyke swarm hosts several segments with

2-2.5 m width over several hundred meters of strike

length

 

- The largest dyke swarm is nearly 30 km long

 

During 2006 and 2007 Crew Minerals was granted

three exclusive exploration licenses with a total

area of 2,264 km2 within the two main kimberlite

provinces of West Greenland. Licenses no. 2006/08

(197 km2) and no. 2007/04 (1,746 km2) cover nearly

the entire Maniitsoq kimberlite province, while

license no. 2007/34 (321 km2) covers a previously

unexplored area of the Sarfartoq province located

120 km to the north.

 

Crew Minerals` first-pass reconnaissance campaign

in 2006 showed that 18 out of 20 samples from

widely scattered kimberlite dykes throughout the

Maniitsoq licence areas contained diamonds. (Please

see press release dated 15 January 2007). Also,

several new kimberlite occurrences were discovered

as the result of systematically traversing areas in

the `up-ice` direction of previously reported

kimberlite indicator minerals (KIMs) from till

samples, suggesting a close spatial relationship

between KIMs in overburden and their kimberlite

sources throughout the Maniitsoq province.

 

The aim of the 2007 campaign was to more

systematically map and sample the kimberlite dyke

systems along strike in order to locate any areas

of greater dyke widths, and higher content and

greater sizes of diamonds. Several new kimberlite

dykes were discovered in this process, and

substantial extensions to several of the already

known dykes were found. Kimberlite dyke widths of

2-2.5 m for over several hundred meters of strike

length have been found at many localities among the

new occurrences.

 

The work showed that the Majuagaa-Sillissannguit

trend constitutes a single, nearly 30 km long dyke

swarm, which is possibly one of the largest

kimberlite dyke swarms known in the industry. 1.4

tonnes of kimberlite samples from 45 sites were

collected for diamond test work from this system,

and a further 0.9 tonnes were collected from 28

other sites in the Maniitsoq region. With the

discovery of the many new occurrences there now

appear to be three main linear kimberlite trends in

the Maniitsoq region, each with two or several

parallel dykes arranged in an en echelon pattern:

Majuagaa-Sillissannguit, Puiattoq-Tasersuatsiaq and

Timitta Tasersua (see map). These highly

encouraging discoveries suggest that the Maniitsoq

kimberlite province is controlled by very large,

deep-seated crustal structures.

 

In addition, new sampling totalling approximately 1

tonne of till materials (glacially transported

overburden) for kimberlite indicator minerals was

also conducted in a previously little explored part

of the Sarfartoq kimberlite province. All

kimberlite and till samples will be processed for

diamond content and KIMs by renowned Canadian

laboratories, and results are expected by the end

of 2007.

 

Hans Christian Qvist, President and CEO of Crew

Minerals ASA states `We are pleased that this

summer`s systematic sampling and prospecting

program in selected areas has resulted in the

discovery of numerous new kimberlite occurrences

and substantial extensions of the known dykes. We

believe that there are still additional kimberlites

to be found from our systematic search in areas

showing indications from till samples, regional

structures, and local lineament patterns. While

awaiting the diamond results from this year`s

sampling of kimberlites, we are excited to learn

that some dykes seemingly have greater volume than

previously known, as dyke widths of 2-2.5 m are now

reported from several localities.`

 

 

Hans Christian Qvist

President and CEO

Crew Minerals ASA

[birdYboY]

Også CAR har høyt kursmål på CMI:

 

Tror aksje kan stige 168 prosent

 

Skinnende diamanter kan sende Crew Minerals-aksjen opp 168 prosent, tror meglerhus.

 

Artikkel av: Øystein Byberg (4.10.07 10:46)

 

I går ble det kjent at Crew Minerals leteprogram har avdekket flere kimberlittårer i Maniitsoq-regionen på Grønland. Det er tatt ut 73 prøver på totalt om lag 2,3 tonn for analyse etter diamanter.

Meglerhuset CAR skriver i dagens morgenrapport at testen ikke viser om den identifiserte kibernitten inneholder diamanter, noe som ikke alltid er tilfelle. I en melding 12. februar ble det opplyst at 18-20 prøver inneholdt diamanter. Dersom man ser de to meldingene i sammenheng, er det grunn til en viss optimisme, mener meglerhuset

 

CAR opprettholder sin kjøpsanbefaling og et kursmål på hele 30 kroner, noe som er 168 prosent mer enn dagens kurs på 11,20 kroner.

 

http://www.hegnar.no/hegnar/newsdet.asp?id...960&cat=116

[Bartender]

07.12.2007 12:26:08 - Oslo SE, News

CMI: NYTT NAVN OG NY TICKER FOM. TIRSDAG 11.12.2007

http://www.newsweb.no/index.jsp?messageId=165416

Crew Minerals ASA (CMI) endrer selskapets navn til

Intex Resources ASA. Det nye navnet er

registrert i Brønnøysund og selskapet vil fra

og med tirsdag 11.12.2007 være registrert på

Oslo Børs med nytt navn, Intex Resources ASA og

ticker ITX.

 

ISIN er uforandret.

 

Oslo Børs har mottatt firmaattest.

[Bartender]

Evleos, du etterspør ITX, men som du ser har jeg ikke oppdatert denne siden selskapet endret navn fra Crew Minerals.

 

Løfter denne likevel opp og endrer trådens navn til ITX. Du får fylle inn "The Blanks". Det har skjedd mye siste halve året. Drittpakker fra TV2 , storkjøp av UMOE m.m.

[Bartender]

Gruvesjef går på dagen Topp-sjef Hans Christian Qvist forlater Intex Resources.

 

 

 

 

Børs:

 

Intex Resources

 

Administrerende direktør Hans Christian Qvist fratrer sin stilling i gruveselskapet Intex Resources.

 

NA24 - din næringslivsavis

 

Qvist har ledet selskapet siden Intex Resources ble børsnotert høsten 2006. Han ble den gang ansatt på en åremålskontrakt av to års varighet, og hans fratredelse skjer derfor i samsvar med den avtale som da ble inngått, opplyser Intex i en børsmelding.

 

 

 

Adm. direktør Hans Chr. Qvist forlater Intex.

I en kommentar vedrørende Hans Christian Qvists fratredelse uttaler Intex Resources` styreleder, Kjell E. Almskog følgende:

 

- Hans Christian har ledet selskapet gjennom dets første viktigs fase som børsnotert selskap, og han har videre ledet arbeidet med å fullføre en meget lovende pre-feasibility studie vedrørende selskapets nikkelforekomster på Mindoro på Filippinene. Vi takker han for hans helhjertede innsats og ønsker han lykke til videre.

 

Videre opplyses det at Erlend Grimstad, som siden 1. april har vært selskapets nestleder, er utnevnt som ny administrerende direktør med umiddelbar virkning.

 

Grimstad vil som tidligere bestemt flytte til Manila i løpet av sommeren og lede selskapets virksomhet derfra. Selskapets Oslo-kontor vil ellers opprettholdes som i dag.

 

 

 

 

 

 

20.05.08 13:13, ny 20.05.08 13:15

[Evleos]

Denne analysen drar nok på månedene, men:

 

24. Januar, Orion Securities.

 

"Intex Resources has completed the pre-feasibility study in the Mindoro Nickel project.

This is good news, as it shows that the company is keeping up with its plans.

However, due to the increased guided costs and weaker dollar, we have revised

the estimated fair value of the company’s share down from NOK 22,80 to

NOK 18,40. We set our 6-month target at NOK 11,00, returning a retained Strong

Buy recommendation."

 

Ellers:

 

"• Intex Resources has announced successful completion of the pre-feasibility

study in the company’s main asset, Mindoro Nickel project. We consider the

news to be a good sign, as Intex Resources keeps implementing its plans and

is one step closer to production in Mindoro.

 

• Still, pre-feasibility study shows that the Mindoro Nickel project requires higher

both, capital expenditure and operating costs for Stage-1 and Stage-2, compared

to the company’s previous guidance. Estimated operating costs are up

to USD 7 900 per ton in Stage-1 and up to USD 6 600 per ton in Stage-2 (previous

operating costs estimates were USD 5 200 per ton and USD 4 000 per

ton respectively). Total need for capital expenditure is revised upwards by

USD 350m, from USD 1 700m to USD 2 050m mostly due to increased energy

and equipment costs, as well as weakening US dollar.

 

• The pre-feasibility study was completed on time; therefore, we had increased

our probability of success factor from 30% to 40%. We remain conservative

on the long-term nickel price and stick to our estimates of USD 13 250 per

ton, while spot prices in London Metal Exchange are twice as high. After adjusting

our estimates for the new probability of success as well as new capex

and opex estimates, we have reduced our estimated fair value of the company

from NOK 22,80 to NOK 18,40 per share. This is still more than a triple

upside from the current share price level.

 

• We see a limited possibility for the share to reach NOK 18,40 price level in a

6-month period; therefore, setting our target price, we have applied a 40%

discount to the estimated value of the company and reduced our target to

NOK 11,00 per Intex Resources share, which still qualifies the share for a

Strong Buy recommendation. Our positive view towards the share is supported

by the recent insider buy."

[Brun]

Drar dermed frem en nyere. Synes igrunn det er pussig hvor lite omtale dette selskapet får.

Kommer Intex i mål med sine ambisjoner ser det ut som om det kan bli en kraftig reprising.

I dag forsvarer nesten selskapets kontantbeholdning kursen alene.

Legger inn dette inlegget fordi jeg helt klart ikke ser hele bildet, men ser at flere innsidere har lagt sine kontanter i prosjektet .

Motargumenter på min rosenrøde fremstilling mottas med takk..

 

Så.. siste analyse:

Her er dagens beste investeringsideer fra Orion Securities.

 

Av: Frode Haukenes 05.06.2008 09:42I Dagens Analyse fra Orion Securities trekker meglerhuset frem mineralselskapet Intex Resources.

Intex er et leteselskap med fokus på uedle metallprosjekter. Selskapets viktigste eiendeler er Mindoro Nickel prosjektet og det tilknyttede Pamplona Sulphur prosjektet på Filippinene.

- Et betydelig innsidekjøp har utløst et kjøpssignal, mener Orion.

 

• Intex-sjef Erlend Grimstad meldte i går om aksjekjøp i eget selskap for over fem millioner kroner til kurs 7,70.

 

• Han eide nesten ingen aksjer fra før så denne transaksjonen fremstår som et sterkt kjøpssignal.

 

• Ingen kjenner de børsnoterte selskapene bedre enn innsiderne, og når de foretar signifikante veddemål i egen aksje, viser empiri at det som regel lønner seg å sitte på samme side av bordet.

 

• Fundamentalt er vi også positive til Intex og har et 6-måneders kursmål på 11 kroner.

 

• I beregningen av dette kursmålet har vi lagt til grunn nikkelpriser vesentlig under dagens nivå.

[thomas]

Han insideren har saalangt tapt 1,1 millioner kroner paa investeringen sin, saa det er ikke alltid slikt er et veldig sterkt kj0pssignal. De er folk av kj0tt og blod de ogsaa, og tar like mye feil om oss andre investorer og tradere.

 

ITX (tidligere CMI) kom paa b0rs for til 12 kroner, og staar idag i 6 kroner. Det er et fall paa 50%, selv om aksjen var i 22 kroner (galskap) en stund. Har selv pr0vd aa trade denne aksjen, men tapte de 2 gangene jeg fors0kte (tenkte at NAA har den falt nok, dette er bunnen). Dette er et typisk "gull og gr0nne skoger" case, akkurat som IGE og IGENOR, og andre "gruveselskap" vi har paa Oslo B0rs. Mye lisenser, paaviste lokaliteter og funn som det aldri blir noe konkret av. Kursutviklingen sier vel sitt, for alle disse tre selskapene.

 

Det vil ta 10-talls om ikke 100-vis av millioner kroner i investeringer og mange, mange aar f0r disse selskapene i det hele tatt kan begynne aa faa ut metaller fra en gruve, saa jeg sp0r meg egentlig hva man skal med disse aksjene?

 

Hva er den beste grunnen til aa kj0pe ITX? Hva er tidsperspektives deres for aa begynne med utvnning og naar er det realistisk at de skal begynne aa tjene penger?

[delirious]

Denne har jo gått meget bra i det siste. Og det er vel ikke akkurat veldig rart. Enormt potensiale i en verden der råvarer er en sikker vinner i lang tid fremover.

 

Selskapet er jo i en ganske unik posisjon. Det har cash og mye av det, likevell dette er nok ikke en trader-aksje, i hverfall ikke ennå, da volumet foreløpig er altfor lavt.

[delirious]

Fin melding i dag. Ressursoppdateringen viser 64% økning i den "økonomisk definerte nikkelressursen". Selskapet har tilsvarende 3,5 i cash, i tillegg til mindoro forekomsten! Handles i dag for 2,95! Dette bør jo med all mulig tydelighet bevise at economic man er en teori, en med lite substans for den del...

 

Likevel, lavt volum og liten interesse fra tradere og hus. Det er ikke mindre enn merkverdig.