ASWRF Anglo Swiss Resources Inc featured news, full reports, and detailed charts
Anglo Swiss Resources Inc (ASWRF/ASWRF.OB) Wrap Up:
Anglo Swiss Resources, Inc. engages in the acquisition, exploration, exploration management, and purchase of mineral properties in Canada. The company owns interests in Kenville mine property; the Blu Starr gemstone property; the McAllister Pipe property for diamond exploration; and the Northwest Territories diamond properties. The company, formerly known as Canadian Sapphire Corporation, was founded in 1966 and is headquartered in Vancouver, Canada.Anglo Swiss Resources Inc (ASWRF:OTC Bulletin Board Market)
Snapshot of Anglo Swiss Resources Inc (ASWRF)
|
OPEN
$0.25
|
PREVIOUS CLOSE
$0.31
|
|
|
DAY HIGH
$0.25
|
DAY LOW
$0.25
|
|
|
52 WEEK HIGH
06/30/09 - $0.41
|
52 WEEK LOW
12/10/08 - $0.05
|
|
|
MARKET CAP
28.6M
|
AVERAGE VOLUME 3 mo
7.2K
|
|
|
DILUTED EPS TTM
--
|
SHARES OUTSTANDING
113.3M
|
|
|
ASWRF Does Not Pay Dividends
|
P/E TTM
NM
|
|
| K = Thousands M = Millions B = Billions | ||
ASWRF Top Compensated Officers
Executives, Board Directors
Key developments for Anglo Swiss Resources Inc (ASWRF)
Anglo Swiss Resources Inc. announced a technical (geological) report on the 257 Level of the company's Kenville Gold Mine located near Nelson, British Columbia has been completed in accordance with NI 43-101. The author of the 257 Report is Richard Munroe, FGAC, P.Geo., of Munroe Geological Services Ltd., an independent Qualified Person as defined by NI 43-101. The historic workings of the Kenville Gold Mine are extensive, with over five kilometers of drifts on six different Levels. The recent exploration of the 257 Level has been a success as new zones of high grade gold values have been identified in the Mine. The work done during the 2008/2009 program has resulted in the determination of updated grades and tonnages of mineralized rock for the 257 Level. The figures are only from zones currently open in the 257 Level or in immediate proximity to those workings and supersede the figures from the initial resource estimate contained in the company's news release dated August 5, 2009. They do not include any of the surface showings, vein systems intersected by distal exploration drilling or dump materials. The company derived from the current assay data developed in the 2008/2009 program for the 257 Level, reported 24,624 tonnage tones, 0.66 ounces per ton, 16,289 ounces gold, 20.58 grams per tone and 506,641 grams gold. The inferred resource estimate was calculated using a weighted historical average grade of 23.01 g/t (0.68 oz/ton) which was derived from a 444 assay historical dataset.
Anglo Swiss Resources Inc. has entered into an Option/Joint Venture Agreement with Klondike Gold Corp. wherein Anglo will earn up to a 60% interest in the Klondike's Ron Gold property. The Ron Gold Property consists of 37 contiguous staked mineral claims and one crown granted mineral claim covering 1,492 hectares. Consideration from Anglo consists of paying $200,000, issuing 100,000 Anglo shares and incurring up to $650,000 in exploration expenditures by the 4th anniversary of this Agreement. This Agreement is subject to an underlying agreement with an arm's length party that comes with a 2% net smelter return royalty. Anglo may at any time purchase three-quarters (1.5%) of the Original Royalty Interest from the holder of the Original Royalty Interest for $500,000. Klondike also holds an additional royalty equal to 1% of net smelter returns. Anglo may at any time purchase 100% of the Second Royalty Interest from Klondike for $500,000. Upon completion of the 60% earn-in, a joint venture will be formed between the Anglo and Klondike. Anglo's consultants are presently developing a geological computer model of the Kenville property area, which includes structural geology, the mineralized quartz vein system, and previously mined underground workings. The addition of the Ron Property geological data will allow Anglo Swiss to expand its geological model to include more regional geology, which will assist in determining mineralized zones of interest on both properties.
Anglo Swiss Resources Inc. reported unaudited consolidated capital expenditure results for the second quarter and six months ended June 30, 2009. For the quarter, the company purchase of equipment of CAD 377 compared to CAD 167,619 for the same period a year ago. For the six months, the company purchase of equipment of CAD 377 compared to CAD 168,246 for the same period a year ago.
ASWRF Competitors
| Company | Last | Change | |
| No competitor information is available for ASWRF. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | ASWRF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 4.2x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
|
ASWRF |
||
ASWRF transactions
| Type Date |
Target |
|
Private Placement
August 27, 2009 |
-- |
|
Merger/Acquisition
August 10, 2009 |
The White Claim |
