Welcome To The 300 Club HUB On AGORACOM
We may not make much money, but we sure have a lot of fun!
Message: Want to take a Flyer?? If not let's just watch over the next year!
Some of this picked up on SH:
Artha Resources – Deal of the Decade?
If you're looking for an undiscovered gem, check out AHC, it has 10 bagger potential.
Once in a blue moon a deal of a lifetime comes along, and out of all my stock picks in the last many years, Artha Resources has to be it.
This is a much unexpected pullback in the share price which can only be related to the 15 cent PP they must be soon closing. For some reason or another, whether they are selling to get in the PP or need out, there is a lot of cheap shares up for grabs and wouldn’t anticipate them being there much longer as I am shocked this ever saw under 20 cents again.
Please tell me where else you will find a junior explorer for 15 cents with a low share float, a ton of land adjacent to, and around three sides of one of the top few silver mines in the world? I don’t know of any that could be trading this dirt cheap with multiple mine potential. That’s right, MULTIPLE!
Not to mention:
- Two other properties nearby with strong showings of being a possible iron ore deposit and the other with gold/ polymetalic potential
- 6 KM of rare earth land holdings with strong showings of all the key REE’s.
- All properties within the famous metals belt that makes up the Aguilar Mine, the oldest mine in Argentina.
- Top level uranium properties in Wyoming.
- Phosphate properties in Wyoming that show great potential. As per a BNN segment on fertilizers is the one nutrient the world is not making new discoveries.
Toss in the quality management of proven mine finders and world class geologist team and this is a no brainer like none I have ever seen before for 15 cents. Time is running out, and the market will soon discover who Artha is. Will you be on that train?
According to JP Morgan, now is the time to start adding to your commodities baskets. The article can be found at: http://ow.ly/1ok45W
They state: “The recent sell-off in commodities will pass,” he said. “It’s a general risk reduction and not the same that surrounded the Lehman collapse.”
As we all know this is the type of market sentiment that makes a bottom. Pessimism rules the day and the doom and gloomier are everywhere. So if you do buy then where do you go first? I would personally wait to see the first serious move up in the metals and oil that would confirm Fridays move as having substance behind it, and not a one day wonder.
I would also focus in on some undervalued plays like AHC but just take a starter position.
One thing to note, AHC is still in PP mode and waiting for the close so there still seems to be some selling pressure which is sad to see but nothing you can do about it so we suck it up for the short term. They have so many irons in the fire this should be a 30 – 40 cent stock easy by now. Patience grasshopper.
Could we go lower? Yes we could if more Euro/Greece bad news arises, but sooner or later the US dollar will roll over and up goes the metals and the DOW with it.
Play safe and don’t forget the life jacket! Do they make them that big? ;)
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Artha Resources Corporation: Rare Earth Properties Staked in Argentina
1/20/2010 1:09:10 PM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Jan 20, 2010 (MARKETWIRE via COMTEX News Network) --
Artha Resources Corporation (TSX VENTURE: AHC) is pleased to announce that the company has successfully staked over 100,000 hectares of ground highly prospective for a variety of rare earth, precious and base metals in Jujuy and Salta Provinces, NW Argentina.
The rare earths licenses, covering over 300 square kilometers, include the Susques Property (Map 1), which covers more than 20,000 hectares in southern Jujuy Province, NW Argentina. Susques is known to be prospective for a variety of rare earths elements, including yttrium, and thorium has been historically mined on a small scale. The local geology is dominated by Ordovician sediments and Tertiary intrusive and Carbonatites with little detailed exploration ever being done. Rare earth mineralization observed to date is hosted in stock work veins with the host structures up to 10 meters wide.
The properties were identified as part of the Company's continuous target generation strategy where new opportunities are constantly being reviewed to provide ongoing feedstock for our expansion and growth. The properties were selected based on extensive local knowledge and deep experience in the NW Provinces, in particular through our local country manager who has mined and prospected in this region for almost three decades. His expert knowledge has guided our efforts to secure strategically significant and geologically prospective properties, with rare earths providing an important opportunity.
A short reconnaissance program by AHC geologists in December 2009 targeted Susques where mapping and rock chip sampling identified a number of parallel mineralized veins that have been traced for over 6 km in total strike length. The initial results from this sampling included sample 26954 which returned elevated rare earth elements, including Yttrium.
Sample Number Ce ppm Dy ppm Er ppm Eu ppm Ga ppm
---------------------------------------------------------------
2990 106 18.65 182 17.2
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Gd ppm La ppm Nd ppm Pr ppm Rb ppm
---------------------------------------------
26954 474 1360 2550 472 13.4
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Sm ppm Sr ppm Th ppm Y ppm Zn ppm
---------------------------------------------
greater
825 933 than 1000 192.5 90
---------------------------------------------------------------
Additional sampling on this property has shown that elevated levels of some rare earth metals are present on similar vein structures on other parts of the property.
These results are important first indicators of potential mineralization considering the broader geological environment in which they lie. The ratio of heavy to light rare earths is also encouraging. More detailed work is now planned to commence in the coming months to ascertain the extent and economic potential of mineralization.
"We couldn't be more thrilled to be presented with an opportunity like this," says Todd McMurray, President, "adding a prospective property like the Susques Property to our portfolio greatly increases our chances of a major discovery in a highly prolific mining region of the world."
Although initial results are positive at the Susques Property, the Company remains fully committed to its Pirquitas Properties and its current exploration strategy of delineating drill targets. The new properties will add to the Company's already impressive land position and provide a diversified portfolio to the shareholders, thereby increasing the opportunities for success.
Charles Straw, B.Sc., is the qualified person under NI 43-101 responsible for the technical information in this news release.
On Behalf of the Board of Directors,
Todd McMurray, President
To view the map accompanying this release please click on the following link: http://media3.marketwire.com/docs/0120ahc1.pdf
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: Artha Resources Corporation Todd McMurray President, Director 1-604-648-1530 todd@artharesources.com www.artharesources.com BK Consulting Bernie Kennedy 1-877-489-4440 berniekc@telus.net
SOURCE: Artha Resources Corporation
mailto:todd@artharesources.com http://www.artharesources.com mailto:berniekc@telus.net
Artha Resources Corporation: Multiple Targets Generated from Reconnaissance Mapping on Argentina Properties
11/18/2009 11:37:38 AM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Nov 18, 2009 (Market wire via COMTEX News Network) --
Artha Resources Corporation (TSX VENTURE: AHC) is pleased to announce that the company has successfully completed reconnaissance mapping on its five new properties in NW Argentina. This initial exploration generated a number of high priority targets requiring detailed follow-up work. The new prospects demonstrate the high prospectively of the properties where the recent field work is the first modern exploration ever completed on the properties.
Field work focused on the two properties surrounding Silver Standard's Pirquitas silver (tin-zinc) mine (Map 1: http://media3.marketwire.com/docs/ART1118.pdf) where geological and structural targets have been identified. The targets were generated initially through ASTER satellite imagery interpretation which suggested that broad zones of alteration were apparent along with favorable structural zones in specific areas. These targets were followed up with reconnaissance level mapping. This initial work has resulted in five prospects being defined and are summarized in Table 1 below.
----------------------------------------------------------------------------
Prospect Summary Property(s)/
Name Priority
----------------------------------------------------------------------------
Noelia - Large hydrothermally altered tectonic - Crosby and
Breccia breccia (1.7 x 0.8km) in favorable Pirquitas Norte
structural setting along strike from - Priority 1
Pirquitas Mine
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Pirquitas - a stock work system in the same Ordovician - Pirquitas Norte
South sediments that host the Pirquitas Mine - Priority 1
(main alteration halo is approximately
1.6km x 1.4 km)- strong argillic alteration and vein lets of
quartz and iron oxides
----------------------------------------------------------------------------
Pirquitas - shales and sandstones with weak argillic - Crosby and
NW alteration Pirquitas Norte
- covers an area of approximately 0.7 x 0.5 - Priority 1
km
----------------------------------------------------------------------------
C Bayo - number of small halos of weak argillic - Crosby
alteration - Priority 2
- located in an extension from the NW
structural system which hosts the
Pirquitas Mine
----------------------------------------------------------------------------
Loma Azul E - number of small halos of weak argillic - Pirquitas Norte
alteration - Priority 2
- located in an extension from the NW
structural system which hosts the
Pirquitas Mine
----------------------------------------------------------------------------
The Noelia Breccia Prospect was initially identified through satellite imagery interpretation which showed a broad zone of alteration extending north from the Pirquitas Mine. Follow-up field work lead to the identification of a large tectonic breccia with dimensions of 1.5km x 0.6km. The breccia is hydrothermally altered and is aligned along a NW structural system with NE cross-cutting secondary structures, consistent with the major regional structures which host many of the known deposits in the area. Observed alteration in the breccia consists of strong argillic and moderate silicification (quartz-sericite) with clasts of altered sediments (Ordovician sediments which host the Pirquitas mineralization) held in a matrix of iron oxide and quartz vein lets. This is considered a high priority prospect and detailed follow-up mapping and sampling will begin this week with an induced polarization geophysics survey to follow.
The Pirquitas South Prospect is a stock work system in the same Ordovician sediments that host the Pirquitas Mine. The stock work sits within the intersection of a NW and NE structural system and contains a hydrothermally altered zone with moderate to strong argillic alteration and vein lets of quartz and iron oxides. The size of the main alteration halo is approximately 1.6km x 1.4 km with two smaller halos mapped to the south and south west. The mineralogy is dominated by limonite and a variety of iron oxides. The prospect is high priority and will be mapped in detail in the new year in conjunction with an induced polarization geophysics survey.
The Pirquitas NW Prospect contains Ordovician shales and sandstones with weak argillic alteration and covers
An area of approximately 0.7 x 0.5 km. The structure is dominated again by a NW structural system consistent with other local targets. The rocks contain fractures and vein let’s filled with iron oxides. Further work will focus on surface mapping and trenching plus induced polarization geophysics.
The C Bayo & Loma Azul E Prospects are similar to the Pirquitas NW prospect and consist of a number of small halos of weak argillic alteration in Ordovician shales and sandstones. The outcrops are located in an extension from the NW structural system which hosts the Pirquitas Mine. Iron oxides in vein lets have been observed in the outcrops. Over the next few months the prospects will be mapped in detail.
Further regional mapping and target generation will continue on the properties and based on the success of the recent work in identifying new prospects for detailed work the Company is confident that further targets will be indentified. The Company is very pleased with the success of the recent programs and the very promising targets identified. Charles Straw, B.Sc., is the qualified person under NI 43-101 responsible for the technical information in this news release.
Artha was founded by a team of mining industry professionals with a proven track record in project generation, exploration, mining and finance. The team's primary goal is to build Artha into a world class mining company, focused on the development and mining of economic minerals deposits world wide.
On Behalf of the Board of Directors,
Todd McMurray, President
SOURCE: Artha Resources Corporation
Artha Resources Corporation Todd McMurray President, Director 1 604 648 1530 todd@artharesources.com www.artharesources.com consulting
Bernie Kennedy 1 877 489 4440 berniekc@telus.net
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AHC – V...11million shares outstanding |
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2/10/2010 7:52:55 PM | | 64 reads | Post #27918199
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This share price is so sick it has to be the deal of the decade. Please show me another 15 cent stock with similar land holdings and management team. PP should be closing soon and the sellers will be gone IMO.
Agreed, results are needed here but this is the best "story stock" out there right now and how many Venture exchange "story stocks" go up on "speculation" every day on zilch land holdings or news? Very many, that’s what the whole exchange is built on.
A lot of excitement behind this "story", it's just being held back by the PP. AHC will have a booth at the PDAC and will get some positive attention IMO.
Why Wyoming?
Wyoming offers a number of advantages for uranium exploration, including a long history of uranium production and exploration, very favorable geology for both economical extraction and environmental safety, a pro-mining sentiment and excellent infrastructure. Wyoming also contains the nation's largest known uranium reserves. As the price of uranium has climbed in recent years, particularly since 2006, so has the interest in Wyoming exploration. Dozens of companies have descended on the state, staking new claims, re-working old claims and looking to reestablish mines that closed during the previous downturn in uranium prices. Although uranium was first produced in Wyoming in 1920, the boom years came in the late 1970s and early 80s. Production fell off sharply, however, as uranium prices plummeted to below $10 per pound in the early 1990s. Most of the 4.1 million pounds produced in the United States in 2006 came from Wyoming.
A key advantage to Wyoming uranium mining is that the state's geology allows for in-situ uranium extraction. In-situ extraction provides relatively inexpensive recovery with minimal environmental impact.
In-Situ Recovery of Uranium
In situ recovery (ISR), also known as solution mining, leaves uranium ore where it is, in the ground, and recovers the minerals by dissolving them and pumping the pregnant solution to the surface. There the minerals can be recovered from the solution. There is little surface disturbance and no tailings or waste rock generated. However, the orebody needs to be permeable to the liquids used and located so they do not contaminate ground water away from the orebody.
Before recovery begins, well pump tests are performed to define the hydrological characteristics of the ore zone and obtain information about the ground water flow. This process also determines if the surrounding strata are impermeable enough to prevent movement of the recovery solution into underlying or overlying aquifers. Aquifer water samples are taken throughout the process to document water quality
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