Traderboersenboard - Einzelnen Beitrag anzeigen - VIPR Industries Inc. Gold & Uranium Explorer $$$

TankerOne · 01-03-2011, 03:02

Research, Report & about VIPR..MUST READ!!!

by IPOdesktop.com
VIPR Industries Inc (VIPR.PK)
Stock symbol: VIPR.PK

BUSINESS

. Precious metals exploration and development company focused on gold, Uranium, and other precious metal resources and reserves through mergers, acquisitions and resource development. . Presently focused on its Gold and Uranium assets. Principle properties are the Singida Gold Concessions and its Itigi / Manyoni Uranium Property, both located in the safe confines of Tanzania.

. Tanzania encourages gold development, while the United States does not

VIPR DEVELOPMENTS

VIPR acquires the highly promising Singida Gold Concessions located in the stable confines of Tanzania, July 28, 2008.
. VIPR acquired the Singida Gold Concession Property as an asset purchase for 5,543,000 restricted shares from Kinti Group Inc., a Toronto, Ontario, and Tanzanian based private company.
. The property is located directly adjacent the Shanta Gold Deposit. Shanta results have thus far indicated a total gold resource in excess of 543,000 ounces, of which 330,000 ounces have been classified as a measured resource and 127,000 ounces as an indicated resource according to Shanta and GeoLogix MRC (Pty) Ltd. (at a 0g/t cutoff).
. Due to the positive Shanta results and its close proximity, VIPR believes a strong potential exists for similar anomalies along its concessions. The Singida Concessions are viewed by VIPR as favorable, based upon the aerial magnetic survey which appear to highlight possible hotzones and drill targets that are expected to yield results similar too those of Shanta, eventually allowing open put mining.
. Shanta has reported an indicated gold resource (an estimated in–place mineral resource for which quantity and/or grade are calculated with a degree of assurance less than that for "proven" (measured) reserves) of more than $500 million.
. The Singida Concessions are classified as mining licenses, not prospecting licenses which will save time and resources as it moves forward. Mike Gerstner, President and CEO of VIPR Industries Inc. commented, "We are pleased to have acquired the assets from Kinti Group, and have high expectations for the Singida Mining Concessions as it moves towards proving an economically feasible gold deposit.
. Management anticipates moving forward with a plan that will quickly allow it to develop a mining plan for the Singida Gold" Concessions ]." Mr. Gerstner further commented, " A budget and strategy is being prepared to describe the steps to be taken to explore and develop the property, for presentation to prospective financing sources.

PROPERTIES

VIPR's Singida Property

consists of 8 mining claim blocks, covering an area of approximately 73 hectares with an option for further concessions in the region. This prospect is located along strike from the Shanta Gold discovery area, and displays similar characteristics to Shanta’s newly found Gold Tree and The Jem deposits.

Gold Tree, Jem and London 1 Targets

The exploration drilling at Gold Tree and Jem has identified several relatively continuous high grade mineralized shoots along several hundred meters of strike. The Gold Tree mineralization occurs along a 350 meter strike section displaying continuity below 250 meters depth with SD257 intersecting a 4 meter wide zone averaging 6.78 g/t. The gold is hosted by sheared basaltic meta-volcanics and interflow meta-sediments and is associated with quartz veining, biotite, arsenopyrite, pyrite, and chalcopyrite mineralization.

The gold mineralization at The Jem situated 500 meters along strike from Gold Tree extends along a 600 meter strike section with down-dip continuity below 250 meters depth. Borehole 5D401 intersected spectacular mineralization with coarse native gold in quartz veins.

The exploration drilling at Gold Tree and Jem has identified several relatively continuous high grade mineralized shoots along several hundred meters of strike. The Gold Tree mineralization occurs along a 350 meter strike section displaying continuity below 250 meters depth with SD257 intersecting a 4 meter wide zone averaging 6.78 g/t. The gold is hosted by sheared basaltic meta-volcanics and interflow meta-sediments and is associated with quartz veining, biotite, arsenopyrite, pyrite, and chalcopyrite mineralization.

The gold mineralization at The Jem situated 500 meters along strike from Gold Tree extends along a 600 meter strike section with down-dip continuity below 250 meters depth. Borehole 5D401 intersected spectacular mineralization with coarse native gold in quartz veins.

Given the regional geology Kinti believes similar mineralization occurs on the company’s claim block.
…read more

Itigi / Manyoni Uranium Prospect

Tanzania - 170,000 Hectares

Uranium bearing granites are known to be a source of uranium deposit both in duricrust and in sedimentary sequence. The level of erosion in these granitic rocks may have played a great role in the economic potential of uranium deposit. The deeper the level of erosion and stripping off of any high level granite differentiates; the result is the accumulation of an economical uranium deposit. The radiometric surveys in the area have identified a total of 14 u- zones in qds 141 and assigned priority for a follow-up. Most of the anomalies lie on the superficial comprising of undifferentiated soils (the kilimatinde cement).

The license area lies in a zone which has mean uranium count of 36, mean total count of 2000, high uranium count of 52, u/th ratio of 1.02 and u/k ratio of 1.53. A total four point source which is significantly high fall in the license area. Point source 141/31 of uranium count 52cps, 141/49 of uranium count of 45, 141/44 of uranium count 47 and 141/53 with uranium count of 44.

CATEGORY COMPARABLES

Ranked by market capitalization: name, symbol, market cap, trailing 12 month P/E
Barrick Gold Corp. (ABX), $34bb, 31
Acquisition, exploration, and development of gold properties
http://finance.yahoo.com/q?s=ABX

Newmont Mining Corp. (NEM), $21bb, loss
Production of gold from its properties in the United States, Australia, Peru, Indonesia, Ghana, Canada, Bolivia, New Zealand, and Mexico
http://finance.yahoo.com/q/pr?s=NEM

Kinross Gold Corp. (KGC), $12bb, 36
Mining and processing gold and silver ores with a principal focus on gold, as well as in the exploration for and the acquisition of gold bearing properties in the Americas, the Russian Federation, and internationally
http://finance.yahoo.com/q/pr?s=KGC

Gold Fields Ltd. (GFI), $9bb, 22
Exploration, extraction, processing, and smelting of gold in South Africa, Ghana, Australia, and Peru.
http://finance.yahoo.com/q?s=GFI

Randgold Resources Ltd. (GOLD) , $3.4bb, 75
Exploration, mining, and development of gold deposits in Africa
http://finance.yahoo.com/q?s=gold

Eldorado Gold Corp. (EGO), $2.55bb, 58
Acquisition, exploration, development, and production of gold and other minerals. It holds 100% interest in the Kisladag mine, which consists of 1 operating license covering an area of 15,717 hectares and is located near Usak, Turkey; and 90% interest in the Tanjianshan mine that include 4 contiguous exploration licenses totaling an area of approximately 338 square kilometers in the Qinghai Province, China.
http://finance.yahoo.com/q?s=EGO

Price earnings ratios

. Average for the above (not counting loss producing Newmont) is 44
. Average for the smallest two is 66

VIPR VALUATION METHODOLOGY & MARKET CAP POSSIBILITIES

Assumptions

(1) Reviewed in the context of advanced, new gold exploration technologies, for example
http://www.newmont.com/en/operations...logy/index.asp
(2) Gold extraction cost averages $238 http://en.wikipedia.org/wiki/Gold

Discussion

> If VIPR could mine 24,000 ounces per year, and with a 30 p/e multiple (in the range of the smaller comparables above).
> Then the market capitalization would be in the range of $60 million

01-03-2011, 03:02	#2
TankerOne TBB Starmember Registriert seit: Jun 2010 Beiträge: 496	Research, Report & about VIPR..MUST READ!!! Research, Report & about VIPR..MUST READ!!! by IPOdesktop.com VIPR Industries Inc (VIPR.PK) Stock symbol: VIPR.PK BUSINESS . Precious metals exploration and development company focused on gold, Uranium, and other precious metal resources and reserves through mergers, acquisitions and resource development. . Presently focused on its Gold and Uranium assets. Principle properties are the Singida Gold Concessions and its Itigi / Manyoni Uranium Property, both located in the safe confines of Tanzania. . Tanzania encourages gold development, while the United States does not VIPR DEVELOPMENTS VIPR acquires the highly promising Singida Gold Concessions located in the stable confines of Tanzania, July 28, 2008. . VIPR acquired the Singida Gold Concession Property as an asset purchase for 5,543,000 restricted shares from Kinti Group Inc., a Toronto, Ontario, and Tanzanian based private company. . The property is located directly adjacent the Shanta Gold Deposit. Shanta results have thus far indicated a total gold resource in excess of 543,000 ounces, of which 330,000 ounces have been classified as a measured resource and 127,000 ounces as an indicated resource according to Shanta and GeoLogix MRC (Pty) Ltd. (at a 0g/t cutoff). . Due to the positive Shanta results and its close proximity, VIPR believes a strong potential exists for similar anomalies along its concessions. The Singida Concessions are viewed by VIPR as favorable, based upon the aerial magnetic survey which appear to highlight possible hotzones and drill targets that are expected to yield results similar too those of Shanta, eventually allowing open put mining. . Shanta has reported an indicated gold resource (an estimated in–place mineral resource for which quantity and/or grade are calculated with a degree of assurance less than that for "proven" (measured) reserves) of more than $500 million. . The Singida Concessions are classified as mining licenses, not prospecting licenses which will save time and resources as it moves forward. Mike Gerstner, President and CEO of VIPR Industries Inc. commented, "We are pleased to have acquired the assets from Kinti Group, and have high expectations for the Singida Mining Concessions as it moves towards proving an economically feasible gold deposit. . Management anticipates moving forward with a plan that will quickly allow it to develop a mining plan for the Singida Gold" Concessions ]." Mr. Gerstner further commented, " A budget and strategy is being prepared to describe the steps to be taken to explore and develop the property, for presentation to prospective financing sources. PROPERTIES VIPR's Singida Property consists of 8 mining claim blocks, covering an area of approximately 73 hectares with an option for further concessions in the region. This prospect is located along strike from the Shanta Gold discovery area, and displays similar characteristics to Shanta’s newly found Gold Tree and The Jem deposits. Gold Tree, Jem and London 1 Targets The exploration drilling at Gold Tree and Jem has identified several relatively continuous high grade mineralized shoots along several hundred meters of strike. The Gold Tree mineralization occurs along a 350 meter strike section displaying continuity below 250 meters depth with SD257 intersecting a 4 meter wide zone averaging 6.78 g/t. The gold is hosted by sheared basaltic meta-volcanics and interflow meta-sediments and is associated with quartz veining, biotite, arsenopyrite, pyrite, and chalcopyrite mineralization. The gold mineralization at The Jem situated 500 meters along strike from Gold Tree extends along a 600 meter strike section with down-dip continuity below 250 meters depth. Borehole 5D401 intersected spectacular mineralization with coarse native gold in quartz veins. The exploration drilling at Gold Tree and Jem has identified several relatively continuous high grade mineralized shoots along several hundred meters of strike. The Gold Tree mineralization occurs along a 350 meter strike section displaying continuity below 250 meters depth with SD257 intersecting a 4 meter wide zone averaging 6.78 g/t. The gold is hosted by sheared basaltic meta-volcanics and interflow meta-sediments and is associated with quartz veining, biotite, arsenopyrite, pyrite, and chalcopyrite mineralization. The gold mineralization at The Jem situated 500 meters along strike from Gold Tree extends along a 600 meter strike section with down-dip continuity below 250 meters depth. Borehole 5D401 intersected spectacular mineralization with coarse native gold in quartz veins. Given the regional geology Kinti believes similar mineralization occurs on the company’s claim block. …read more Itigi / Manyoni Uranium Prospect Tanzania - 170,000 Hectares Uranium bearing granites are known to be a source of uranium deposit both in duricrust and in sedimentary sequence. The level of erosion in these granitic rocks may have played a great role in the economic potential of uranium deposit. The deeper the level of erosion and stripping off of any high level granite differentiates; the result is the accumulation of an economical uranium deposit. The radiometric surveys in the area have identified a total of 14 u- zones in qds 141 and assigned priority for a follow-up. Most of the anomalies lie on the superficial comprising of undifferentiated soils (the kilimatinde cement). The license area lies in a zone which has mean uranium count of 36, mean total count of 2000, high uranium count of 52, u/th ratio of 1.02 and u/k ratio of 1.53. A total four point source which is significantly high fall in the license area. Point source 141/31 of uranium count 52cps, 141/49 of uranium count of 45, 141/44 of uranium count 47 and 141/53 with uranium count of 44. CATEGORY COMPARABLES Ranked by market capitalization: name, symbol, market cap, trailing 12 month P/E Barrick Gold Corp. (ABX), $34bb, 31 Acquisition, exploration, and development of gold properties http://finance.yahoo.com/q?s=ABX Newmont Mining Corp. (NEM), $21bb, loss Production of gold from its properties in the United States, Australia, Peru, Indonesia, Ghana, Canada, Bolivia, New Zealand, and Mexico http://finance.yahoo.com/q/pr?s=NEM Kinross Gold Corp. (KGC), $12bb, 36 Mining and processing gold and silver ores with a principal focus on gold, as well as in the exploration for and the acquisition of gold bearing properties in the Americas, the Russian Federation, and internationally http://finance.yahoo.com/q/pr?s=KGC Gold Fields Ltd. (GFI), $9bb, 22 Exploration, extraction, processing, and smelting of gold in South Africa, Ghana, Australia, and Peru. http://finance.yahoo.com/q?s=GFI Randgold Resources Ltd. (GOLD) , $3.4bb, 75 Exploration, mining, and development of gold deposits in Africa http://finance.yahoo.com/q?s=gold Eldorado Gold Corp. (EGO), $2.55bb, 58 Acquisition, exploration, development, and production of gold and other minerals. It holds 100% interest in the Kisladag mine, which consists of 1 operating license covering an area of 15,717 hectares and is located near Usak, Turkey; and 90% interest in the Tanjianshan mine that include 4 contiguous exploration licenses totaling an area of approximately 338 square kilometers in the Qinghai Province, China. http://finance.yahoo.com/q?s=EGO Price earnings ratios . Average for the above (not counting loss producing Newmont) is 44 . Average for the smallest two is 66 VIPR VALUATION METHODOLOGY & MARKET CAP POSSIBILITIES Assumptions (1) Reviewed in the context of advanced, new gold exploration technologies, for example http://www.newmont.com/en/operations...logy/index.asp (2) Gold extraction cost averages $238 http://en.wikipedia.org/wiki/Gold Discussion > If VIPR could mine 24,000 ounces per year, and with a 30 p/e multiple (in the range of the smaller comparables above). > Then the market capitalization would be in the range of $60 million