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KCHG - NEWS - Expect one for FCDH soon... get in now for their release...
Kachina Gold Corporation at Forefront of Industry Expansion as Gold Prices Reach 17-Year Highs in New Gold Rush
Nov 3, 2005 8:30:00 AM
2005 PrimeZone Media Network TOPEKA, Kansas, Nov. 3, 2005 (PRIMEZONE) -- Kachina Gold Corporation (Pink Sheets:KCHG), an emerging junior gold exploration and production company, citing recent news from Bloomberg, has learned that gold prices, currently trading just off seventeen year highs at more than $460 per ounce on the spot market, are likely to increase dramatically over the near-term period. Over the past year, gold prices have increased more than 10.3%, with uncertainty over economic and political conditions and increased demand from developing nations acting as price catalysts. A recent Bloomberg survey showed that thirty-four of 49 gold traders, investors and analysts, were advising purchase of gold, the highest level since June of 1988. Further, the production outlook for gold continues to be one of decline, with mining output only slightly up from 2004's level of 2,464 tons.
"With the long-term price outlook for gold at levels unseen since the 1980's, the future for Kachina Gold Corporation and our shareholders is bright," commented Robert M. Gaither, President of Kachina. "We have just finished our first sale of commercial gold, and production is ramping at our Mohave County, Arizona properties. With gold prices now near eighteen year highs, and with strong technical and economic indicators for price gains, we feel that the outlook for Kachina is strong."
The Company has already entered the production phase in its Mohave County properties and is currently producing upwards of 150 ounces per week. The Company expects gold reserves on the claims to hold for the next fifteen years, and anticipates that its share of production over the near term will amount to approximately 4,000 ounces valued at $1.7 million at current gold prices.
About Kachina Gold Corporation
Kachina Gold Corporation (www.kachinagold.com) is an innovative new entrant into the white hot gold mining industry. The Company has acquired a working interest in a number of historically producing mining claims located in the prolific gold producing region of Mohave County, Arizona. Kachina's claims were heavy producers over 70 years ago before the limitations of mining technologies forced abandonment. Kachina has established operating agreements with an experienced mining partner, and is already extracting ore out of the ground today. Upon completion of remediation and rework on these claims, Kachina expects to extract approximately 1 ton a year -- or $14.8 million at today's gold prices.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by Kachina may differ materially from these statements due to a number of factors. Kachina assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. Investors and potential investors should independently investigate and fully understand all risks before making investment decisions.
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Just called Rogers to see how much it would cost to get The Fight Network added to my digital cable.........Cost would be an extra $2.49 per month. That's excellent considering all the content. It's cheaper than some less exciting channels and for an extra $2.49 per month you can't beat the action. If you factor in carrier expenses, and other costs, TFN could easily bring in a $1.00 for each subscription multiply that by the number of subscription holders...say anywhere from 150,000 to 250,000 across Canada alone (and that's being conservative) and you are looking at a nice revenue stream on a per monthly basis from Rogers alone. Add the numbers from Bell Canada subscriptions and possible US carriers........well you get the picture. Definite buy IMO from these prices.
Posts: 415 | From: Toronto, Ontario, Canada | Registered: Aug 2003
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-------------------- Wide diversification is only required when investors do not understand what they are doing W.Buffet Posts: 565 | From: War Eagle | Registered: Jun 2005
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-TFN has already launched and Canadians can subscribe through Rogers Cable Digital for $2.49/month. Rogers cable is the primary digital cable provider in Canada. QBID hasn't launched and is 'merrily' moving along with false launches and false hopes.
-TFN Bell Canada deal on the table, Bell Canada is the largest Satellite network in Canada with millions of subscibers across Canada. Name one QBID carrier that big let alone two.
-Bell Canada and Rogers are huge monopolies in Canada. You can't get phone service without Bell and you can't get cable without Rogers. These are two huge carrier outlets for Canada alone.
-Read financials on share structure FCDH. Unlike QBID its no secret. 60% of the o/s is owned by CEO who happens to be the co-founder of The Fight Network.
I believe this will get noticed once US carrier comes into play. Right now its just a Canadian thang! Do your DD.
Posts: 415 | From: Toronto, Ontario, Canada | Registered: Aug 2003
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.......these aren't dinky carrier operations, these two companies alone are media communication giants. Rogers owns the Rogers Centre AKA The Skydome, where my beloved Blue Jays won the World Series in 1991,1992.
Posts: 415 | From: Toronto, Ontario, Canada | Registered: Aug 2003
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This IMO shows that The Fight Network has ws it takes to become a brandname in the US as Ruliquid states...
FYI- In the USA anything can get "on air" without anykind of goverment approval. Just need deep pockets!
Posts: 1533 | From: jacksonville, nc, usa | Registered: Dec 2004
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im in. ive swing this before, thats all im looking for. this is the bottom, no where to go but up
Posts: 2329 | From: MD | Registered: Jul 2005
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TORONTO, Nov 04, 2005 (MARKET WIRE via COMTEX) -- First Canadian American Holding Corporation (OTC: FCDH) announces today Kachina Gold Corporation, an emerging junior gold exploration and production company, citing recent news from Bloomberg, has learned that gold prices, currently trading just off seventeen-year highs at more than $460 per ounce on the spot market, are likely to increase dramatically over the near-term period. Over the past year, gold prices have increased more than 10.3%, with uncertainty over economic and political conditions and increased demand from developing nations acting as price catalysts. A recent Bloomberg survey showed that thirty-four of 49 gold traders, investors and analysts, were advising purchase of gold, the highest level since June of 1988. Further, the production outlook for gold continues to be one of decline, with mining output only slightly up from 2004's level of 2,464 tons.
"With the long-term price outlook for gold at levels unseen since the 1980s, the future for Kachina Gold Corporation and our shareholders is bright," commented Robert M. Gaither, President of Kachina. "We have just finished our first sale of commercial gold, and production is ramping at our Mohave County, Arizona properties. With gold prices now near eighteen-year highs, and with strong technical and economic indicators for price gains, we feel that the outlook for Kachina is strong."
The Company has already entered the production phase in its Mohave County properties and is currently producing upwards of 150 ounces per week. The Company expects gold reserves on the claims to hold for the next fifteen years, and anticipates that its share of production over the near term will amount to approximately 4,000 ounces valued at $1.7 million at current gold prices.
About Kachina Gold Corporation
Kachina Gold Corporation (www.kachinagold.com) is an innovative new entrant into the white hot gold mining industry. The Company has acquired a working interest in a number of historically producing mining claims located in the prolific gold producing region of Mohave County, Arizona. Kachina's claims were heavy producers over 70 years ago before the limitations of mining technologies forced abandonment. Kachina has established operating agreements with an experienced mining partner, and is already extracting ore out of the ground today. Upon completion of remediation and rework on these claims, Kachina expects to extract approximately 1 ton a year -- or $14.8 million at today's gold prices.
About First Canadian American Holding Corporation.:
First Canadian American Holding Corporation is a holding company with subsidiaries in a range of businesses. The Company's subsidiaries conduct operations in areas of digital television, radio and building and construction and natural resources. The company is actively looking at several other opportunities in many different industries such as additional natural resources, wireless, technology and biotechnology.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
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The Company expects gold reserves on the claims to hold for the next fifteen years, and anticipates that its share of production over the near term will amount to approximately 4,000 ounces valued at $1.7 million at current gold prices.
Very nice-
FCDH - always follows KCDH's Pr's... Might get some volume today, altough IMO this is not enought to get past .0009
BUT IMO SOOOOOOOOON
I would like to hear something on TerraBlocks progress...
Posts: 1533 | From: jacksonville, nc, usa | Registered: Dec 2004
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posted
FDCH from RB (FWIW) By: pinkie144 07 Nov 2005, 02:21 PM EST Msg. 693356 of 693362 Jump to msg. # **FCDH** New Channels on Bell ExpressVu The Fight Network!!!!! hearing later today most likely tomorrow!
Posts: 415 | From: Toronto, Ontario, Canada | Registered: Aug 2003
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