You are here
French treasury penalizes Citigroup for euro bond market manipulation
Pan American Silver to be Added to XAU
Company Press Release
Monday, February 14, 2005
http://www.prnewswire.com/cgi-bin/stories.pl?
ACCT=109&STORY=/www/story/02-14-2005/0003020305&EDATE=
VANCOUVER, British Columbia -- Pan American Silver Corp. is pleased
to announce that effective February 21, 2005, it will be added to
the prestigious Philadelphia Gold and Silver Sector Index, known as
the XAU.
The XAU was the sixth most traded index option in the United States
in 2004 and is the bellwether gold/silver sector index for traders
and investors. According to a statement released by Daniel R.
Carrigan, the Philadelphia Stock Exchange's vice president of new
product development, the addition of Pan American Silver to the
index reflects leadership changes in the gold and silver industry.
"Pan American Silver Corp. has vaulted into the position of the
largest primary silver producer in the world with all production
unhedged."
Pan American is proud to be included in the industry's premier index.
For further information Contact: Brenda Radies, VP Corporate
Relations, at (604) 684-1175.
Company Internet site:
http://www.panamericansilver.com
* * *
IMA Offers Money to Settle Silver Find Dispute
By Reuters
Monday, February 14, 2005
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh85554_2005-02-14_21-04-57_n14664549_newsml
VANCOUVER, British Columbia -- IMA Exploration Inc., which is
fighting off a legal challenge from Aquiline Resources Inc. over
rights to a potentially huge silver discovery, offered the small
Canadian mining explorer C$100,000 ($81,300) on Monday to settle the
dispute.
But Toronto-based Aquiline, which accuses IMA of unlawfully using
confidential information that Aquiline owned to identify and buy the
Navidad project in Argentina, immediately slapped down the offer.
"I think Mr Grosso has his holidays mixed up. He must have thought
it was April Fools' Day, not Valentine's Day," said Marc Henderson,
Aquiline's president and chief executive, referring to IMA president
and CEO Joseph Grosso.
"We're fighting about an asset that might be worth a billion
dollars," Henderson told Reuters.
Vancouver-based IMA denies Aquiline's charges, and Grosso said the
money was offered to settle the "frivolous lawsuit," which he said
was slowing the firm's development of the deposit in Argentina's
Chubut province.
"We have offered Aquiline a nuisance value sum to put this nonsense
behind us," Grosso said in a statement.
"There is absolutely nothing to the claim. If this ever gets to
court, we are confident it will be thrown out," he said, adding that
IMA owed it to shareholders to focus on the project and not on legal
fees to fight "opportunistic" lawsuits.
IMA announced the Navidad silver discovery in March 2003. IMA has
defined an indicated resource of 268 million ounces of silver and
1.1 million tonnes of lead, at a cutoff of 50 grams per tonne of
silver. IMA says that makes it one of the world's largest silver
deposits.
----------------------------------------------------
To subscribe to GATA's dispatches, send an e-mail to:
gata-subscribe@yahoogroups.com
To unsubscribe, send an e-mail to:
gata-unsubscribe@yahoogroups.com
----------------------------------------------------
RECOMMENDED INTERNET SITES
FOR DAILY MONITORING OF GOLD
AND PRECIOUS METALS
NEWS AND ANALYSIS
Free sites:
http://www.cbs.marketwatch.com
http://www.capitalupdates.com/
http://www.silver-investor.com
http://www.thebulliondesk.com/
http://www.goldismoney.info/index.html
http://www.minersmanual.com/minernews.html
http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html
http://www.investmentrarities.com
http://www.kereport.com
(Korelin Business Report -- audio)
http://www.plata.com.mx/plata/home.htm
(In Spanish)
http://www.plata.com.mx/plata/plata/english.htm
(In English)
http://www.resourceinvestor.com
Subscription sites:
http://www.lemetropolecafe.com/
http://www.interventionalanalysis.com
http://www.investmentindicators.com/
Eagle Ranch discussion site:
http://os2eagle.net/checksum.htm
Ted Butler silver commentary archive:
http://www.investmentrarities.com/
----------------------------------------------------
COIN AND PRECIOUS METALS DEALERS
WHO HAVE SUPPORTED GATA
AND BEEN RECOMMENDED
BY OUR MEMBERS
Blanchard & Co. Inc.
909 Poydras St., Suite 1900
New Orleans, Louisiana 70112
888-413-4653
http://www.blanchardonline.com
Centennial Precious Metals
3033 East First Ave., Suite 807
Denver, Colorado 80206
1-800-869-5115
http://www.USAGOLD.com
Michael Kosares, Proprietor
cpm@usagold.com
Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
http://www.ColoradoGold.com
Don Stott, Proprietor
1-888-786-8822
Gold@gwe.net
El Dorado Discount Gold
Box 11296
Glendale, Arizona 85316
http://www.eldoradogold.net
Harvey Gordin, President
Office: 623-434-3322
Mobile: 602-228-8203
harvey@eldoradogold.net
Gold & Silver Investments Ltd.
Mespil House
37 Adelaide Rd
Dublin 2
Ireland
+353 1 2315260/6
Fax: +353 1 2315202
http://www.goldinvestments.org
info@gold.ie
Investment Rarities Inc.
7850 Metro Parkway
Minneapolis, Minnesota 55425
http://www.gloomdoom.com
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889
gwestgaard@investmentrarities.com
Kitco
178 West Service Road
Champlain, N.Y. 12919
Toll Free:1-877-775-4826
Fax: 518-298-3457
and
620 Cathcart, Suite 900
Montreal, Quebec H3B 1M1
Canada
Toll-free:1-800-363-7053
Fax: 514-875-6484
http://www.kitco.com
Lee Certified Coins
P.O. Box 1045
454 Daniel Webster Highway
Merrimack, New Hampshire 03054
http://www.certifiedcoins.com
Ed Lee, Proprietor
1-800-835-6000
leecoins@aol.com
Miles Franklin Ltd.
3015 Ottawa Ave. South
St. Louis Park, Minn. 55416
1-800-822-8080 / 952-929-1129
fax: 952-925-0143
http://www.milesfranklin.com
Contacts: David Schectman,
Andy Schectman, and Bob Sichel
Missouri Coin Co.
11742 Manchester Road
St. Louis, MO 63131-4614
info@mocoin.com
314-965-9797
1-800-280-9797
http://www.mocoin.com
Resource Consultants Inc.
6139 South Rural Road
Suite 103
Tempe, Arizona 85283-2929
Pat Gorman, Proprietor
1-800-494-4149, 480-820-5877
Metalguys@aol.com
Swiss America Trading Corp.
15018 North Tatum Blvd.
Phoenix, Arizona 85032
http://www.swissamerica.com
Dr. Fred I. Goldstein, Senior Broker
1-800-BUY-COIN
FiGoldstein@swissamerica.com
The Moneychanger
Box 178
Westpoint, Tennessee 38486
http://www.the-moneychanger.com
Franklin Sanders
1-888-218-9226, 931-766-6066
----------------------------------------------------
HOW TO HELP GATA
If you benefit from GATA's dispatches, please
consider making a financial contribution to
GATA. We welcome contributions as follows.
By check:
Gold Anti-Trust Action Committee Inc.
c/o Chris Powell, Secretary/Treasurer
7 Villa Louisa Road
Manchester, CT 06043-7541
USA
By credit card (MasterCard, Visa, and
Discover) over the Internet:
http://www.gata.org/creditcard.html
By GoldMoney:
http://www.GoldMoney.com
Gold Anti-Trust Action Committee Inc.
Holding number 50-08-58-L
Donors of $1,000 or more will, upon request,
be sent a print of Alain Despert's colorful
painting symbolizing our cause, titled GATA.
Donors of $200 or more will receive copies
of "The ABCs of Gold Investing" by Michael
Kosares, proprietor of Centennial Precious
Metals in Denver, Colorado, and "The Coming
Collapse of the Dollar" by James Turk and
John Rubino.
GATA is a civil rights and educational
organization under the U.S. Internal Revenue
Code and contributions to it are tax-deductible
in the United States.
