RE:RE:The pie is big enough for everyone who wantsCarpathian Gold receives 20-year Rovina Valley licence 2015-05-27 06:50 MT - News Release
Mr. Guy Charette reports
CARPATHIAN GOLD INC. ANNOUNCES ROVINA MINING LICENSE AGREEMENT
Carpathian Gold Inc.'s wholly owned subsidiary, Samax Romania SRL, has entered into an agreement with the Romanian National Agency for Mineral Resources whereby it has been granted a 20-year mining licence on its Rovina Valley project.
The granting of the licence represents the first and most important step in the licensing process. Under Romanian law, the licence will come into effect upon final review by several government departments and its publication in the official gazette. The corporation will now proceed with an update to the preliminary economic assessment of 2010, which will outline revised project costs and evaluate scalability options.
The granting of the licence represents the first time that Romania has granted a licence for metals without the involvement of a state-owned enterprise.
Euro Sun receives gov't nod for Rovina mining licence 2018-11-12 05:42 MT - News Release
Mr. Stan Bharti reports
EURO SUN ANNOUNCES MINING LICENSE FOR THE ROVINA VALLEY PROJECT FULLY APPROVED BY ROMANIAN GOVERNMENT
Euro Sun Mining Inc. has completed the ratification process of its exploitation permit and mining licence for the Rovina Valley project in Romania. Euro Sun's mining licence was signed by the Prime Minister of Romania at the weekly meeting of the Romanian government on Nov. 9, 2018, as press released through the government of Romania website (1).
The fully approved mining licence for the Rovina Valley project will now be published in the Official Monitor of the Romanian government.
Stan Bharti, chairman of Euro Sun, stated: "The importance of this ratification cannot be overstated. Romania has now demonstrated an open and willing embrace for mining investment, one that is sure to attract significant interest not only in the Rovina Valley project but for mining investment globally in Romania. I would like to thank all the government of Romania officials involved for approving this important milestone."
G. Scott Moore, president and chief executive officer, stated: "We are very pleased to see the process to ratify our mining licence come to a successful conclusion. We would like to thank the National Agency for Mineral Resources for their support of this important project for Euro Sun and for Romania. As the first non-state-owned entity to have a ratified mining licence, we are committed to developing the Rovina Valley project as an example of responsible mining to the highest environmental standards, and in the process, provide meaningful economic impact to our local community partners and to the Romanian state."
The company will now undertake the Environmental and Social Impact Assessment (ESIA) and will also continue the feasibility study accelerating the Rovina Valley project toward a construction decision.
The preliminary economic assessment (PEA) in 2010 outlined a robust project with an average annual gold production of 196,000 ounces over 19 years with the first five years of production averaging 238,000 oz annually. In addition, the PEA indicated that the Rovina Valley project would produce 49.4 million pounds annually. Production was based on a production rate of approximately 45,000 tonnes per day.
The feasibility study will evaluate a scalable, phased approach targeting higher grade zones of the deposit. The phases will begin with the exploitation of the Colnic deposit, with the other deposits to follow, at an initial throughput of approximately 15,000 to 25,000 tonnes per day. The company believes this phased approach better manages upfront capital costs, better mitigates project risk and is anticipated to deliver improved economics over the 2010 PEA.
The company also announces that Guy Charette has resigned from the company's board of directors effective immediately. Mr. Charette has been a director since 2003. The company thanks Mr. Charette for his contributions.
| House Positions for C:CPN from 20150515 to 20150615 |
| House | Bought | $Val | Ave | Sold | $Val | Ave | Net | $Net |
| 7 TD Sec | 31,085,931 | 565,128 | 0.018 | 23,666,983 | 428,014 | 0.018 | 7,418,948 | -137,114 |
| 9 BMO Nesbitt | 5,294,110 | 105,690 | 0.02 | 2,924,250 | 49,600 | 0.017 | 2,369,860 | -56,090 |
| 79 CIBC | 12,674,146 | 223,533 | 0.018 | 11,078,150 | 194,678 | 0.018 | 1,595,996 | -28,855 |
| 58 Qtrade | 1,798,140 | 36,499 | 0.02 | 220,000 | 3,000 | 0.014 | 1,578,140 | -33,499 |
| 85 Scotia | 8,922,699 | 160,481 | 0.018 | 8,252,649 | 150,808 | 0.018 | 670,050 | -9,673 |
| 15 UBS | 715,000 | 12,222 | 0.017 | 104,000 | 2,080 | 0.02 | 611,000 | -10,142 |
| 80 National Bank | 6,131,270 | 116,343 | 0.019 | 5,609,501 | 97,030 | 0.017 | 521,769 | -19,313 |
| 22 Fidelity | 490,000 | 4,900 | 0.01 | 0 | | 490,000 | -4,900 |
| 88 Credential | 711,500 | 15,537 | 0.022 | 355,000 | 5,550 | 0.016 | 356,500 | -9,987 |
| 33 Canaccord | 375,000 | 8,825 | 0.024 | 35,000 | 724 | 0.021 | 340,000 | -8,101 |
| 28 BBS | 354,000 | 5,184 | 0.015 | 101,589 | 2,007 | 0.02 | 252,411 | -3,177 |
| 99 Jitney | 2,506,000 | 45,456 | 0.018 | 2,255,000 | 46,418 | 0.021 | 251,000 | 962 |
| 36 Latimer | 293,400 | 4,888 | 0.017 | 52,400 | 778 | 0.015 | 241,000 | -4,110 |
| 143 Pershing | 355,250 | 7,650 | 0.022 | 134,000 | 2,692 | 0.02 | 221,250 | -4,958 |
| 27 Dundee | 300,000 | 6,000 | 0.02 | 177,672 | 1,538 | 0.009 | 122,328 | -4,462 |
| 70 Manulife | 100,000 | 2,000 | 0.02 | 0 | | 100,000 | -2,000 |
| 101 SG Capital | 1,000 | 15 | 0.015 | 700 | 10 | 0.014 | 300 | -5 |
| 94 Hampton | 5,800 | 91 | 0.016 | 5,800 | 58 | 0.01 | 0 | -33 |
| 14 ITG | 0 | | 45,000 | 975 | 0.022 | -45,000 | 975 |
| 57 Interactive | 700 | 10 | 0.014 | 46,950 | 711 | 0.015 | -46,250 | 701 |
| 53 Morgan Stanley | 0 | | 50,000 | 1,250 | 0.025 | -50,000 | 1,250 |
| 89 Raymond James | 282,022 | 5,451 | 0.019 | 332,494 | 7,544 | 0.023 | -50,472 | 2,093 |
| 48 Laurentian | 0 | | 70,000 | 1,400 | 0.02 | -70,000 | 1,400 |
| 124 Questrade | 13,768,435 | 289,011 | 0.021 | 13,880,070 | 267,923 | 0.019 | -111,635 | -21,088 |
| 83 Mackie | 0 | | 160,000 | 2,250 | 0.014 | -160,000 | 2,250 |
| 54 Global | 0 | | 200,000 | 4,500 | 0.023 | -200,000 | 4,500 |
| 39 Merrill Lynch | 13,400 | 335 | 0.025 | 259,300 | 3,889 | 0.015 | -245,900 | 3,554 |
| 43 Caldwell | 0 | | 643,264 | 12,865 | 0.02 | -643,264 | 12,865 |
| 68 Leede | 0 | | 900,000 | 13,500 | 0.015 | -900,000 | 13,500 |
| 13 Instinet | 1,297,000 | 23,737 | 0.018 | 2,212,000 | 41,492 | 0.019 | -915,000 | 17,755 |
| 19 Desjardins | 10,788,383 | 215,437 | 0.02 | 11,868,979 | 228,679 | 0.019 | -1,080,596 | 13,242 |
| 74 GMP | 1,500,000 | 22,500 | 0.015 | 4,500,000 | 85,280 | 0.019 | -3,000,000 | 62,780 |
| 2 RBC | 20,337,598 | 356,373 | 0.018 | 24,636,683 | 427,301 | 0.017 | -4,299,085 | 70,928 |
| 1 Anonymous | 20,978,000 | 354,627 | 0.017 | 26,301,350 | 503,379 | 0.019 | -5,323,350 | 148,752 |
| TOTAL | 141,078,784 | 2,587,923 | 0.018 | 141,078,784 | 2,587,923 | 0.018 | 0 | 0 |
| House Positions for C:ESM from 20181105 to 20181205 |
| House | Bought | $Val | Ave | Sold | $Val | Ave | Net | $Net |
| 7 TD Sec | 749,549 | 615,453 | 0.821 | 321,989 | 265,214 | 0.824 | 427,560 | -350,239 |
| 59 PI | 177,500 | 115,700 | 0.652 | 1,047 | 806 | 0.77 | 176,453 | -114,894 |
| 13 Instinet | 241,700 | 199,188 | 0.824 | 95,209 | 88,545 | 0.93 | 146,491 | -110,643 |
| 143 Pershing | 135,027 | 87,948 | 0.651 | 17,636 | 14,763 | 0.837 | 117,391 | -73,185 |
| 79 CIBC | 293,821 | 255,406 | 0.869 | 192,816 | 157,353 | 0.816 | 101,005 | -98,053 |
| 2 RBC | 860,968 | 721,475 | 0.838 | 762,533 | 595,853 | 0.781 | 98,435 | -125,622 |
| 33 Canaccord | 104,000 | 79,150 | 0.761 | 24,708 | 18,672 | 0.756 | 79,292 | -60,478 |
| 88 Credential | 34,088 | 26,280 | 0.771 | 5,263 | 4,405 | 0.837 | 28,825 | -21,875 |
| 19 Desjardins | 31,365 | 22,054 | 0.703 | 12,566 | 10,930 | 0.87 | 18,799 | -11,124 |
| 57 Interactive | 28,340 | 22,661 | 0.80 | 12,412 | 12,113 | 0.976 | 15,928 | -10,548 |
| 85 Scotia | 103,113 | 84,963 | 0.824 | 89,637 | 74,357 | 0.83 | 13,476 | -10,606 |
| 53 Morgan Stanley | 14,000 | 8,820 | 0.63 | 1,326 | 1,183 | 0.892 | 12,674 | -7,637 |
| 68 Leede | 5,008 | 5,208 | 1.04 | 0 | | 5,008 | -5,208 |
| 80 National Bank | 40,264 | 31,045 | 0.771 | 37,957 | 28,643 | 0.755 | 2,307 | -2,402 |
| 14 ITG | 6,000 | 7,500 | 1.25 | 4,100 | 2,706 | 0.66 | 1,900 | -4,794 |
| 5 Penson | 43,817 | 35,851 | 0.818 | 44,650 | 36,435 | 0.816 | -833 | 584 |
| 73 Cormark | 0 | | 1,500 | 915 | 0.61 | -1,500 | 915 |
| 39 Merrill Lynch | 100 | 98 | 0.98 | 14,414 | 10,403 | 0.722 | -14,314 | 10,305 |
| 15 UBS | 1,000 | 670 | 0.67 | 20,000 | 22,279 | 1.114 | -19,000 | 21,609 |
| 74 GMP | 0 | | 19,220 | 11,156 | 0.58 | -19,220 | 11,156 |
| 62 Haywood | 0 | | 20,000 | 15,040 | 0.752 | -20,000 | 15,040 |
| 124 Questrade | 82,490 | 71,593 | 0.868 | 114,300 | 75,955 | 0.665 | -31,810 | 4,362 |
| 99 Jitney | 89,000 | 85,857 | 0.965 | 121,500 | 110,680 | 0.911 | -32,500 | 24,823 |
| 89 Raymond James | 2,000 | 1,160 | 0.58 | 41,353 | 25,169 | 0.609 | -39,353 | 24,009 |
| 9 BMO Nesbitt | 72,615 | 59,119 | 0.814 | 520,182 | 526,913 | 1.013 | -447,567 | 467,794 |
| 1 Anonymous | 766,062 | 623,336 | 0.814 | 1,385,509 | 1,050,047 | 0.758 | -619,447 | 426,711 |
| TOTAL | 3,881,827 | 3,160,535 | 0.814 | 3,881,827 | 3,160,535 | 0.814 | 0 | |