
| December 02, 2009 | Columbia Yukon Significantly Increases t |
| November 27, 2009 | Columbia Yukon Reports on Exploration Wo |
| November 02, 2009 | Columbia Yukon Signs Traditional Knowled |
| August 24, 2009 | Columbia Yukon reprices millions of stoc |
| July 15, 2009 | Columbia Yukon Signs Resource Funding Ag |
Columbia Yukon Explorations Inc. (CYU: TSX-V) is a mineral exploration company. Its most advanced property is the Storie molybdenum deposit located near the historic mining camp of Cassiar, B.C. The Storie deposit has an NI 43-101 compliant inferred mineral resource of 101.6 M/tonnes grading 0.067% Mo or 0.112% MoS2.
Columbia Yukon Fact Sheet
Columbia Yukon Explorations is a mineral exploration company focused on developing its 100% owned “Storie" molybdenum deposit located near the former historic mining camp of Cassiar in northwestern BC.
Columbia Yukon’s Storie Property is considered a major asset for the following reasons:
Strong infrastructure: Easy access to the Storie is provided by a five kilometer, two-wheel drive dirt road. Cassiar is connected to the Provincial highway system by paved road and is in close proximity to telephone service and an airstrip. CYU management has spent considerable effort working to ensure support with the BC provincial government and First Nations constituents.
NI 43-101 Compliant Inferred Mineral Resource: National Instrument 43-101 is a mineral resource classification that offers the strictest guidelines for disclosure of scientific and technical data. The Storie deposit has an NI 43-101 compliant inferred mineral resource of 101.6 M/tonnes grading 0.067% Mo or 0.112% MoS2. The deposit is open along strike to the east, north, west and to depth.
Significant Upside: An aggressive 2007 drilling program showed new evidence of a high grade deposit in the westerly half of the deposit. A revised NI 43-101 report is expected to be released in the summer of 2008 to reflect findings of the 2007 drill program at Storie. The 2008 drilling program will begin in May and focus in extending this high-grade zone. See attached map for details.
To read the complete Fact Sheet, please see our web site at
http://columbiayukon.com/_resources/fact-sheet-double-sided.pdf
With a Senior Management team well versed in financing and exploration, a superior technical Advisory Board and a well funded treasury, CYU is positioned to maximize the value of the Storie and other projects to create value for its shareholders.
From Objective Capital...
Key Points:
Overall. Unsurprisingly it is the spread betting business, Capital Spreads, that is making all of the running – both in absolute size and in growth rates. Forex effectively “flatlined” in the first half but that reflected the removal of two major clients.
Spread betting. Capital Spreads added over 6,700 new clients during the period bringing the total number of “live” accounts to 25,853 (from 13,180). Client acquisition costs were largely unchanged at around £95 per live client. The average number of daily trades (per 100 live accounts) rose to 64 (from 53) although the average value per trade dropped to £4.3 (from £6.0) and the proportion of “active” clients dropped to 37.4% from 43.9%.
Forex. Capital Forex (15% of group gross revenues (GGR)) added 120 new institutional clients during the first half and saw client funds rise to £22.4m (from £18.4m in 1h ’07).
Institutional broking. Capital Derivatives (less than 6% of GGR) saw modest growth but that was achieved despite a slowdown in the second quarter. Trading volumes rose by almost 19% to 1.6m lots.
Effect on forecasts. The interim results were broadly speaking in line with our model although overall COGS was at almost 21% marginally higher than the 18.5% we have estimated for the full year. The difference amounts to some £0.6m at the gross profit line in the current full year. Given London Capital’s track record we are content for now to leave our COGS and thus overall estimates unchanged.