optionsgirl's  Instablog

Best wishes to all of SA for health, happiness and success in the coming year. Happy holidays.

Stock Talk from Quick Chat #31- 12/22/09:

ACR,ANR,AXPW
BFI,BIF,BP,BTU
C,CAVO,CF,CHK,CHP,CIM,CLNE,CNOA,COP,CQP,CSX,CWPWF,
DNN
EGI,EGO,EXXI
F,FCG,
GWM
HOLX,HUD.V,HYFXF,
IAG,ICL,IEO
JCI
KGI.TO,KRNGF
MASP,MMR,
NDX,NG,NI.TO,NIC.TO,NUE,NUSMF
PAAS,PSEC,
QBC
RTK
S,SNGX,SWC,SYS
T,TAMO,TGB,TM,TOO
UNP
VALE
WMB
XIDE,XOM,XTO

http://www.nytimes.com/2009/12/22/business/energy-environment/22solar.html?partner=rss&emc=rss&src=ig

Why don't these liberal Californians want wind and solar in the Mojave? What does that tell us about their willingness to ever do the right thing with regard to energy and strategic build out and protection of infrastructure?



Disclosure: none

Let's figure this out. According to the Great Western website, I didn't see an Australian projects. Freya found this. Maybe Great Western Minerals Group is a different company than this one?



AUSMON RESOURCES LIMITED ABN 88 134 358 964
T 61 2 9264 3100
F 61 2 9264 0099
E office@ausmonresources.com.au
Level 15, Suite 1502
370 Pitt Street
Sydney NSW 2000
18th December 2009
Company Announcements Office
ASX Limited
AUSMON ACQUIRES KEY KOONENBERRY ASSETS
WITH COPPER RESOURCE
Ausmon Resources Limited ("Ausmon") is pleased to announce that it has acquired
100% of Great Western Minerals Limited ("Great Western").
The assets of Great Western consist of Joint Ventures in respect of Exploration
Licences ("EL") 6400, 6424 and 6464 encompassing 753 square kilometers within
the under- explored Koonenberry Belt north-east of Broken Hill, NSW.
In respect of ELs 6400 and 6464, Great Western has the right to earn a minimum
51% interest in both ELs through expenditure of $1 million over a period to October
2011. There is provision to earn another 24% to a total of 75% interest under certain
conditions from 2011.
EL 6400 contains an indicated and inferred JORC compliant resource of 5.75 Mt
(million tonnes) at 1.03% copper, 0.35% zinc, 2.3 g/t (grams/tonne) silver and 0.05
g/t gold.
The resource is open in both directions and down-dip. Mineralization has strong
affinities with Besshi type VMS deposits. These deposits are known to be
concordant and to continue for large distances along strike and down-dip, often in
offset stacked lenses, in other parts of the world, eg. Canada and Japan. Tonnages
range from 15 to 300 million tonnes in these type deposits.
A second farm-in in respect of EL 6424 provides for Great Western to earn 51%
ownership through expenditure of $500,000 over the period to September 2011, with
an option for a second $500,000 expenditure over a 2 year period from 2011 to earn
an additional 24% (to a total of 75%).
This tenement contains the historic Wertago Copper Field and Nutherungie Silver
Field, which are considered to be highly prospective and under explored.
Ausmon through Great Western will undertake an extensive exploration program on
these tenements commencing early in 2010.
AUSMON RESOURCES LIMITED ABN 88 134 358 964
T 61 2 9264 3100
F 61 2 9264 0099
E office@ausmonresources.com.au
Level 15, Suite 1502
370 Pitt Street
Sydney NSW 2000
The consideration for the acquisition of Great Western is the issue of 2,500,000
Ausmon fully paid ordinary shares.
(The information in this report that relates to Exploration Results is based on
information compiled by Dr Pieter Moeskops , the Principal of Agaiva Holdings Pty
Ltd and a member of The Australasian Institute of Mining and Metallurgy.
Dr Moeskops has sufficient experience that is relevant to the style of mineralization
and type of deposit under consideration and to the activities he is undertaking to
qualify as a Competent Person as defined in the 2004 Edition of the Australasian
Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Dr
Moeskops consents to the inclusion in this report of matters based on his
information in the form and context in which it appears.)
John Wang
Executive Director/Secretary


Disclosure: long gwm on pink sheets