Member Info for jaak

It´s only 4000 to try it out.-)

Deconsolidation of Global Energy Development PLC (Global) As previously disclosed, Harken deconsolidated the financial operations of Global during the fiscal quarter ended June 30, 2006. Harken now reflects its ownership of 11.9 million shares of Global’s common stock as an available for sale cost-method investment (presented as one-line in the financial statements). Harken’s investment in Global will be adjusted to fair value every quarterly period with an offset to other comprehensive income in stockholders’ equity. At June 30, 2006, Harken’s investment in Global of $42 million was equal to the market value of its 11.9 million shares of Global’s common stock based on Global’s closing share price of £1.91 (UK British Sterling). At June 30, 2006, Harken’s total unrealized gain on Global shares recorded to other comprehensive income in stockholders equity was $28.4 million.

See on the CHP website. Read the July 2006 Hardman report on Chaco Resources plc (PDF format, 1Mb - requires the free Adobe Reader) PS:Sold EME with a big loss and placed an order at 10,5p on CHP today.

Located within the Lavalleja Formation (metasedimentary carbonate facies) of Lower Proterozoic age, the Remamosa Pb/Zn Project exhibits many similarities to MVT style mineralisation. Eight targets have been identified over a 120 kilometre strike length.The Mirta property lies within the Archean Florida Greenstone Belt, which hosts two of the three gold deposits exploited in Uruguay in recent times. A Prospecting License has been granted covering an area of 1300 hectares. Gold was first discovered on the property in 1984, and it appears to be shear hosted, occurring along a structural contact zone between granitic and gabbroic host rock units, associated with quartz stock-working and veining. Although outcrop is poor, previous sampling has yielded surface values of up to 55.7g/t Au over 1.4 meters width in quartz veins. A 400-meter long, open-ended gold-in-soil anomaly greater than 0.1g/t Au is present along the granite/gabbro contact. Peak values within the soil anomaly are as high as 4.5g/t Au.

The Paso del Lugo copper/nickel/platinoid project comprises a series of ultramafic extrusive and intrusive rocks near the town of Andresito in central southern Uruguay. The project area measures 1040 hectares. The sequence being investigated is considered to have originated as early stage deposition on a spreading rift floor, and a survey of data gathered by previous operators indicates that the area is very prospective for copper/nickel sulphides and possibly platinoid mineralisation. Previous work in the general area included soil sampling, ground magnetics, rock chip sampling, IP surveys and geological mapping. These programs were focussed on gold and no attention was directed towards particularly encouraging nickel, copper and chromium anomalies, which included up to 2100ppm nickel, 239ppm copper and 3800ppm chromium.At Valentines, a structurally controlled zone of Gold/Copper mineralisation has been mapped over 1500 metres (open to the east). Numerous quartz veins occur within this package, the majority of which are auriferous. Central to this package is a zone of highly silicified rocks, which extend over 500 metres east-west. The main zone of mineralisation appears to be between 10 and 30 metres wide, with a shallow dip to the south. The area exhibits extensive supergene Gold and Copper surface enrichment, and a scout drilling program testing the depth and nature of the mineralisation is underway.

UME has put together a package of highly prospective diamond tenements in Northern Uruguay. A number of macro and micro diamonds have been recovered by UME. G10 garnets and other kimberlite indicator minerals have been recovered from this area by previous explorers. Air photo analysis has revealed a structural corridor running north-south through the area that contains numerous circular features that need to be tested as possible kimberlitic intrusion sites. De Beers have announced the discovery of kimberlites approximately 60 kilometres north of the Brazilian border, in line with this trend. Rio Tinto are currently evaluating a bulk alluvial sample taken from the southern part of the project area.The Sobre Saliente deposit is a granite hosted quartz vein stockwork system, situated approximately 5 kilometres from the Crystallex's San Gregorio mine. UME and Crystallex have entered an agreement whereby Crystallex will conduct additional drilling to define minable reserves at Sobre Saliente with a view to mining and treating the Sobre Saliente ore at San Gregorio. In addition to Sobre Saliente there are a number of other highly prospective targets in the Minas De Corrales area that may provide additional future millfeed for the San Gregorio facility.

Symbol:UME Exchange: TSX Venture UGY(AIM) #520, 777-8 Avenue SW Calgary AB Canada T2P 3R5 Tel +(1403) 237 6549 Fax: +(1403) 237 6518 email: urugold@multi.com.uy url:www.uruguayminerals.com Financials: Stock Quote (UME) Profile: Uruguay Mineral Exploration Inc is a junior Canadian exploration company focussed on evaluating exploration opportunities in Uruguay. The company is the leading mineral exploration company in Uruguay, and has assembled a first class exploration portfolio, with excellent gold, base metals (silver, lead, zinc) and diamond prospects.

http://www.industryweek.com/research/iw1000/2006/iw06Company.asp?Input=788

http://www.uruguayminerals.com/

Contrary to what you think I appriciate all comments on this board espacially Gedw´s. Does it means that I have to agree with all the comments on this board? I don´t think so. My adage, all shares are worthless till you cash in, concern all shares. And please keep smiling till you cash in.:-)

If you read all my FAO comments you always see that I agree with you. It´s a risky one and I never said that it will bring a big profit in the short term. Other comments at the yearend and start of this year give Fao till end of April. Now it´s July and they still do their job and try to make progress. Like you mentioned, progress is not profit. Concerning taking the heat of me, I would you could do it, it´s 33°C for the moment and the airco broke down.

Sold also 1/2 stock on the Primavera news, topped up last week because I think it´s undervalued now. If you sold with a profit on the Primavera news, can you tell me at wich moment you talk about profit or loss?

It´s cr***p but Rio Tinto was also years agoo, even Corus was last years. I hold these knowing the risk. I even think that Gedw´s comments make sense. But I also play lotto every week knowing for sure that my money´s gone.:-)

Sometimes you have too take some risk. The downtrend has started and we only need patience and a strong, long winter.

Thanks in advance. I go out now to enjoy the beautyfull day.

May I appeal to your altruism and philanthropy to ask your opinion about KPMD and EXC?

Good report, still in red. Bought these at 2,35.

Think it was 27,5 kg. Sometimes when your drunk you see double. Same like Fao shares next year.

Hope you had a good time, bud it does´nt explain why you hold yours. Drinking and fishing??? did the fish catch you?

Bought these end of Mars at 48 and sold 1/2 stock at 73 in downtrend in May. Like to know your opinion on this one.