YUKON-NEVADA GOLD COM NPV
(Toronto: YNG.TO)
Last Trade: 0.0250
Trade Time: Dec 10
Change: 0.0000 (0.00%)
Prev Close: 0.025
Open: 0.02
Bid: 0.0200
Ask: 0.0250
1y Target Est: N/A
Day's Range: 0.0200 - 0.0250
52wk Range: 0.02 - 1.80
Volume: 533,305
Avg Vol (3m): 1,030,720
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)

YUKON-NEVADA GOLD COM NPV (Toronto: YNG.TO)
Last Trade: 0.0450
Trade Time: Oct 17
Change: Down 0.0100 (18.18%)
Prev Close: 0.055
Open: 0.06
Bid: 0.0450
Ask: 0.0500
1y Target Est: N/A
Day's Range: 0.0400 - 0.0600
52wk Range: 0.04 - 1.85
Volume: 761,648
http://finance.yahoo.com/q?s=YNG.TO
God Bless

YUKON-NEVADA GOLD COM NPV (Toronto: YNG.TO) Last Trade: 1.20
Trade Time: Jun 3
Change: 0.00 (0.00%)
Prev Close: 1.20
Open: 1.2

God Bless

http://investorshub.advfn.com/boards/board.aspx?board_id=9633

YukonNevada Gold Corp. (T.YNG) - is the new name -
for the old - QUEENSTAKE RESOURCES LTD -

http://investorshub.advfn.com/boards/board.asp?board_id=9633

God Bless

PLAN OF ARRANGEMENT WITH QUEENSTAKE BECOMES EFFECTIVE
Vancouver, BC -- June 21, 2007 -

YGC Resources Ltd.
(Toronto Stock Exchange: YGC; Frankfurt Xetra Exchange: ZH6) --
Graham Dickson,
the President of Yukon-Nevada Gold Corp.
(formerly named YGC Resources Ltd. (the "Company")),
is pleased to announce that the Plan of Arrangement with Queenstake Resources Ltd.
("Queenstake") became effective
at 12:01 a.m., June 20, 2007.

As announced in the Company's releases dated May 30, 2007
and June 12, 2007, gross proceeds of $64.7 million
were closed into escrow from a brokered private placement
co-led by Pacific International Securities Inc.
and Casimir Capital LP, and including Blackmont Capital Inc.
and Wellington West Capital Markets Inc. as agents.
An additional $11.5 million was closed into escrow
from a non-brokered private placement.
As a result of the Plan of Arrangement becoming effective,
the Company will be receiving the net proceeds from the
$76.2 million gross proceeds held in escrowed.

Subject to filing of all requisite material with
the Toronto Stock Exchange ("TSX"), the shares of
Queenstake will be de-listed,
and the shares of the Company will be called for trading
under the symbol "YNG" on a day determined by the TSX.

Shareholders of Queenstake
will be receiving a Letter of Transmittal setting out
the procedure to be followed in order for them to exchange
their certificates representing Queenstake Shares
for certificates representing shares of
Yukon-Nevada Gold Corp.

The Company will issue a comprehensive news release
summarizing the business of the company soon
after trading commences.

YGC Resources Ltd.

Graham Dickson, President
Tel: (604) 688-9427
Email: graham@ygcr.ca
http://www.ygcr.ca

http://www.yukon-nevadagold.com/s/News.asp

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Welcome to Enjoy QEE new board -

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Queenstake Announces Extension of Bridge Loan Facility -

DENVER, May 1 /CNW/ -- Queenstake Resources Ltd.
("Queenstake") (TSX: QRL; Amex: QEE) announces that Auramet
Trading LLC ("Auramet") has agreed to extend the payment date
of the secured convertible bridge loan facility of US$8
million from April 30, 2007 to June 29, 2007.

On January 15, 2007, the Company closed a secured convertible
bridge loan financing facility (the "Facility") of
$8 million with Auramet.
The Facility has an interest rate of 12.9% per annum and
was repayable no later than April 30, 2007 in cash, or at
the option of Auramet, part or all of the Facility may
be repaid in common shares of Queenstake at a conversion
price of US$0.22 per share.
Auramet received warrants exercisable to acquire 10 million
Queenstake common shares for a term of one year at an
exercise price US$0.22 per share.

Under the revised terms Queenstake will pay Auramet a fee
of US$100,000 and, subject to regulatory approval, has
agreed to reprice the 10 million warrants to
Cdn$0.18 per share and extend the expiry of the warrants
to January 16, 2009.

For Queenstake:
Wendy Yang 303-297-1557 ext. 105
800-276-6070
Email -- info@queenstake.com
www.queenstake.com

http://www.investorshub.com/boards/board.asp?board_id=5466

I'd like to see QEE get back to $1.00(CDN). If $850 plus gold in 2007, then between $2.50-$3.00(CDN). Nice buying volume today. GLTA

hi all, just curious to what you think would be QEE stock price iffen we were to take out the 1980 gold high around the $850 mark? I'm hearing this will be quite possible in 2007.

Strong accumulation the last 2 weeks. Not just the daily chart but the weekly chart as well. glta

Nice close on Friday, looks like the train is leaving the station. GLTA

Volume the last few days, trying to move up.

Queenstake's chart exhibits a bullish piercing line pattern on 9/14 and 9/15/06. By definition a Bullish Piercing Line Pattern is a bottom reversal pattern. A long black candlestick is followed by a gap lower during the next day while the market is in downtrend. The day ends up as a strong white candlestick, which closes more than halfway into the prior black candlestick’s real body.

Recognition Criteria:

1. Market is characterized by downtrend.
2. We see a long black candlestick.
3. Then we see a long white candlestick whose opening price is below previous day’s low on the second day.
4. The second day’s close is contained within the first day body and it is also above the midpoint of the first day’s body.
5. The second day however fails to close above the body of the first day.

Perhaps it is time to take long positions... let's see if we can't get a white candlestick, a large gap up or by a higher close on Monday!

Queenstake Drilling 40 feet grading Au 1.82 oz of Gold
per ton (opt) -



Queenstake Drilling Extends High-Grade Gold Mineralization -
at Mahala Deposit -
Wednesday August 16, 9:09 am ET
DENVER, Aug. 16 /CNW/ --

Queenstake Resources Ltd. -
(Amex: QEE - News; TSX: QRL - News) -
has intercepted high-grade gold mineralization in underground
exploration drilling along extensions of mineralized trends at
the Mahala deposit (Smith Mine).

Results included intercepts 40 feet grading 1.82 ounces of gold
per ton (opt) or 12.2 meters of 62 grams of gold per tonne
(gpt) and 30 feet of 0.91 opt (9.1 meters of 31 gpt) along
the Mahala Dike Trend and located in close proximity to the
current development drift at Smith.

http://biz.yahoo.com/cnw/060816/co_queenstake_gold.html?.v=1


Jerritt Canyon Tour -

http://www.queenstake.com/page.php?ID=275

http://www.investorshub.com/boards/board.asp?board_id=5466

http://www.investorshub.com/boards/board.asp?board_id=5404

Queenstake Announces Second Quarter 2006 Results -
Conference Call -



DENVER, Aug. 11, 2006
(Canada NewsWire via COMTEX News Network) --

Queenstake Resources Ltd. -
(TSX: QRL; Amex: QEE) -
will announce its second quarter 2006 results on Monday,
August 14th and will hold a conference call hosted by
President and Chief Executive Officer Dorian (Dusty) Nicol
to review the quarter highlights at 1:00 p.m.
Eastern Daylight Time that day.


The conference call may be accessed by telephone:
United States and Canada
(Toll-Free): 1-888-459-5609
International (Toll): 1-973-321-1024

The conference call may also be accessed via
the Queenstake web site at -

http://www.queenstake.com

under the Audio Webcast Link on the homepage.

A replay of this call will be available for a limited time
on the Queenstake web site or by calling:
United States and Canada (Toll Free): 1-877-519-4471
International (Toll): 1-973-341-3080
Replay Pin Number: 7710813

Queenstake Resources Ltd. -
is a Gold mining and exploration company based in Denver,
Colorado.
Its principal asset is the wholly owned -
Jerritt Canyon Gold operations in Nevada.

Jerritt Canyon has produced over seven million ounces
of Gold from open pit and underground mines since 1981.

Current production at the property is from underground mines.

The Jerritt Canyon District comprises 119 square miles
(308 square kilometers) of geologically prospective ground,
controlled by Queenstake, representing one of the largest
contiguous exploration properties in Nevada.



Jerritt Canyon Tour -

http://www.queenstake.com/page.php?ID=275


For further information call:

Wendy Yang 303-297-1557 ext. 105

800-276-6070

Email - info@queenstake.com web - www.queenstake.com

SOURCE: Queenstake Resources Ltd.

Wendy Yang of Queenstake Resources Ltd.,
+1-303-297-1557, ext. 105, or
+1-800-276-6070,
info@queenstake.com

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Queenstake Drills 140 Feet of 0.46 opt Gold at
Starvation Canyon Mine -



Thursday August 3, 9:00 am ET
DENVER, Aug. 3 /PRNewswire-FirstCall/ --

A recently completed surface drill hole by
Queenstake Resources Ltd.
(TSX: QRL - News; Amex: QEE - News)
at the Starvation Canyon project identified one of
the best intervals of high-grade gold mineralization
in the history -
of Jerritt Canyon exploration:
140 feet with an average grade of 0.46 ounce of gold
per ton (opt) or 43 meters of 16 grams of gold per tonne
(gpt), beginning at 280 feet (85 meters) from surface.

This interval includes an intercept of 70 feet
of 0.63 opt (21 meters of 22 gpt),
which in turn includes 40 feet of 0.87 opt
(12 meters of 30 gpt).



Jerritt Canyon Tour -
http://www.queenstake.com/page.php?ID=275

Commenting on this exploration result,
President and Chief Executive Officer
Dorian L. (Dusty) Nicol said,
"This exciting discovery of additional high-grade gold
mineralization at Starvation Canyon is significant due
to its location, as much as its thickness and grade.

The 140-foot interval at 0.46 opt is located between
the two known gold resource zones and could represent
a newly identified northwest trending gold-bearing
structure.

It is also considerably higher grade than our -
Starvation Canyon Mine -
estimated measured and indicated resources of 676,400 tons
at 0.28 opt (190,700 contained ounces).

We are following up with additional step-out drilling
intended to extend the west zone of Starvation Canyon."

Starvation Canyon's Gold Resources -
are contained in two northwest trending zones
(see the Appendix:
Map 1), which currently extend 1,700 feet (518 meters)
and are open in several directions.

The currently defined resource is within a prospective
4.5-mile (7.2 kilometer) corridor of gold occurrences
in favorable geologic settings.

This trend appears comparable geologically and geochemically
to the mineralized trends in the northern and central parts
of the Jerritt Canyon district that have combined to produce over 7.5 million ounces of gold since 1981.

Two reverse-circulation rigs are drilling at the project,
with a core rig expected to be added to the program later
this year. Queenstake expects to invest $3 million in exploration at Starvation Canyon in 2006.

The project is located on Queenstake's private land, approximately 12 miles southwest of the Jerritt Canyon mill.

The Starvation Canyon Mine deposit -
lies above the water table in an area of steep topography
and could be easily accessed by development of a drift
from the hillside.

Evaluation of Starvation Canyon Exploration Drift

Mr. Nicol added,
"With a very large area of favorable geology for exploration drilling, we are optimistic about resource additions at Starvation Canyon and advancing the project to production within the next two years.

We are currently evaluating development of an exploration
drift that could more rapidly advance the project from underground drill platforms.

Preliminary designs indicate that an 800-foot drift would
reach the known boundary of the west zone.

We expect to make a decision regarding the exploration
drift in the fourth quarter of 2006."

The exploration results(1) from surface reverse circulation drilling in the west zone described in this news release
are outside of the boundary of estimated resources(2) identified at year-end 2005 (refer to the March 5, 2006
news release announcing estimated mineral reserves(2)
and resources).

The table below provides highlights from a completed drilling campaign of three 500-foot (152-meter) holes in the west
zone of Starvation Canyon.

Drill hole TJ-248 was approximately 80 feet east of the
eastern boundary of the West Zone at Starvation Canyon
and drill hole TJ-246 was approximately 300 feet
(91 meters) west of TJ-248.


Table 1: Starvation Canyon West Zone Drill Results Highlights(1),(3),(4)

Dip From To Interval Grade Drill
Hole # (feet) (feet) (feet) (opt) Type*
TJ-246 -90 410 420 10 0.224 RC
TJ-247 -90 380 390 10 0.150 RC
TJ-248 -90 280 420 140 0.459 RC
including 285 355 70 0.625 RC
with 305 345 40 0.871 RC
and 390 420 30 0.547 RC

* RC denotes reverse circulation drilling



Drilling is ongoing in other parts of Starvation Canyon for which results will be reported later this year. Drill testing of some prospective targets at Starvation Canyon has been hampered this year by a lack of sample recovery at the targeted depths using reverse circulation drilling. Testing of these areas awaits the arrival of a core drilling rig.

Queenstake Resources Ltd. is a gold mining and exploration company based in Denver, Colorado.

Its principal asset is the wholly owned
Jerritt Canyon gold operations in Nevada.

Jerritt Canyon has produced over 7.5 million ounces of gold
from open pit and underground mines since 1981.
Current production at the property is from underground mines.

The Jerritt Canyon District comprises 119 square miles
(308 square kilometers) of geologically prospective ground controlled by Queenstake, representing one of the largest contiguous exploration properties in Nevada.

Notes:
(1) A complete data set, from which the drill results highlighted in this
news release were selected, is available as an Appendix to this news
release under the Investor Information/News section on the Company's
website, www.queenstake.com.
(2) Mineral "resources" or "resource" used in this news release are as
defined in National Instrument 43-101 of the Canadian Securities
Administrators and are not terms recognized or defined by the U.S.
Securities and Exchange Commission (SEC). Mineral resources are not
reserves and do not have demonstrated economic viability. For further
information, please refer to the risk factors and definitions of
reserves and resources in the Company's filings on SEDAR and with the
SEC on the Company's website, www.queenstake.com. The Qualified
Person for the technical information contained in this news release is
Mr. Dorian L. (Dusty) Nicol, President and Chief Executive Officer of
Queenstake.
(3) Results presented in this news release were analyzed using standard
fire assay techniques at the American Assay Lab in Elko and Reno.
Intercepts are reported as drilled and are not necessarily "true
widths," which have not yet been calculated.
(4) A description of the geology, sampling procedures and the Company's
laboratory Quality Assurance/Quality Control procedures are described
in the Company's National Instrument 43-101 Technical Report filed on
SEDAR on May 4, 2006. This report is available under Investor
Information/Financial Information/SEDAR filings at
http://www.queenstake.com
or at www.sedar.com under the Company's name.

For further information call:
Wendy Yang, 303-297-1557 ext. 105
800-276-6070
Email - info@queenstake.com
Web -
http://www.queenstake.com

Cautionary Statement - This news release contains "Forward-Looking Statements" within the meaning of applicable Canadian securities regulations and Section 21E of the United States Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in this release, and Queenstake's future plans are forward-looking statements that involve various risks and uncertainties. Such forward-looking statements include, without limitation, (i) estimates and projections of reserves and resources, (ii) estimates and opinions regarding geologic and mineralization interpretation, (iii) timing of project advancement, (iv) timing of commencement of production from a deposit, and (iv) timing of availability of drills and other equipment. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements, in particular the estimates do not include input cost increases that could occur in future. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and Queenstake does not undertake any obligation to update forward-looking statements should conditions or management's estimates or opinions change. Forward-looking statements are subject to risks, uncertainties and other factors, including gold and other commodity price volatility, political and operational risks, which are described in the Company's 2005 Annual Information Form filed on SEDAR and 2005 Annual Report on Form 40-F on file with the Securities and Exchange Commission as well as the Company's other regulatory filings.


Source: Queenstake Resources Ltd.

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GREAT POST BOB

Queenstake Res DL (6/30/2006 2:08 PM)
T.QRL Last: 0.43 Change: +0.025(+6.17%) Volume: 898.94 k
Last Trade: 1:46

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Queenstake Resources Ltd DL (6/30/2006 1:59 PM)
QEE Last: 0.38 Change: 0.00(0.00%) Volume: 906.6 k Last Trade: 1:51

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The Central Bank - Fiat Papers at a Glance -
June 2006 -

Given the drubbing that has taken place in the markets over the
past month or so - what may be happening in these rather
turbulent times.
Given the violence of the recent market correction, investors
cannot be blamed for believing that a global meltdown is taking
place, the brunt of which is being felt in the sectors that have
heretofore performed the best;
i.e., commodities, energy, and gold.
There can be no denying that the first quarter was a “great
year” for commodity investors.
Commodity prices, and commodity equities, soared. So much so
that one could take the pragmatic view that commodities et al
were “overbought” and therefore due for a correction.
However, we are of the belief that there are greater
machinations at work beneath the surface than mere technical
indicators. There is a chess - banksters game of paramount
importance being played that is driving current market
conditions... at least in the short term.
The game of chess in question pits the world’s central banks
against the “free” markets. The opening move in the central
banks’ repertoire was a gambit. This occurred, not
coincidentally, at the same time that commodity prices were
hitting new highs and gold was breaking out above $700 per
ounce. In chess parlance, a gambit is a ruse or trick in the
form of a sacrifice of material (usually a pawn) with the hope
of gaining a decisive advantage in space and time early in the
game. If this advantage isn’t made to count (i.e. the bankers’
initiative peters out), then the market’s advantage in material
will eventually win the day. We’ll call this opening the
Central Bank Gambit. It is a desperate move to take control of
an inflationary environment where they may already have lost
control. For now the central banks have the initiative and are
on the attack. But if the markets are able to hang on, then they
will win the endgame and checkmate the central banks.

So what does chess have to do with financial markets, you may
ask? It goes without saying that it has been of no small concern
to the central banks that commodities have had a spectacular run
in the first four and a half months of the year.
Gold started the year at $515 per ounce. It peaked in May at
$730 per ounce.
Oil started the year at $61 per barrel. It peaked in May at $75
per barrel.
Copper: $2.06 per pound at the start of the year, almost $4 per
pound in May.
Silver: $8.80 per ounce at the start of the year, $15.20 per
ounce in May.
This is on top of gains enjoyed since the commodity bull market
began in earnest in 2001.
Using the CRB Index as a proxy, commodities as a whole have
doubled in that time and some of the major commodities, such as
oil, copper, and iron ore, have done far better than that.
This commodity bull run has indeed been ubiquitous and
long lasting, with practically all commodities soaring with
hardly an exception.
In every which way it was reminiscent of hyperinflation.
Clearly, the central banks could not let this state of affairs
continue while at the same time claiming that inflation
was under control. They realized that something had to be done.
Based on the latest inflation , annualized inflation is running
in excess of 5% so far this year. By mid-May, the housing market
was clearly in decline and interest rates were rising across the
yield curve. The financial markets and the economy were being
threatened. Inflation had to be stopped in its tracks, come hell
or high water.
In many ways it was a desperate move – a gambit.
They had to reign in liquidity (or at least appear to do so) and
talk tough on inflation. They knew full well that such a move
would bring down global equity markets as well. But the stock
markets were likely doomed regardless. Better that they come
down when commodities, and particularly gold, are coming
down as well, than to have a broad market crash while gold
continues to soar.
The central banks wanted to preemptively discredit gold as the
“flight to safety” investment vehicle. They wanted to ensure
that gold won’t be the place to hide when global liquidity takes
it on the chin and forces asset prices down.
That was the move envisioned, not just by the Federal Reserve,
but by central banks around the world.
The central banks conspired to raise rates in tandem, some
unexpectedly. Recently we’ve seen the European Central Bank,
India, South Korea, South Africa, Turkey, Denmark, Thailand, and
Switzerland all raise interest rates within days of each other.
Japan proclaimed the imminent end of “quantitative easing” and
the Yen carry trade. Then came the tough talk on inflation by
the world’s central bankers. It was a mass chorus: a newfound
vigilance on inflation – it must be quelled at all cost.
The primary target: gold.
Gold took the brunt of the central banks’ attack. The price of
gold is the outwardly public manifestation of inflation. By
bringing down gold it was hoped that other commodities would be
taken down as well, thus easing inflationary fears. But therein
lies the Achilles Heel of the central banks, and what will
ultimately prove their gambit to be unsound.
Under a fiat currency system, the central banks are the
undisputed masters of paper…
but they are rather impotent when it comes to controlling the
market for “real” things. As such, there is little they
can do to manipulate the markets for things like oil and copper
– the markets for these commodities are just too big.
Oil, for example, trades to the tune of six billion dollars per
day and is too large for central banks to have any say over.
The market for gold, on the other hand, is only 1/30th the size
and the easiest commodity to manipulate in the short term.
Furthermore, the central banks still have some gold in their
vaults as added ammunition.
So the game plan was simple: hammer gold and cause a selling
panic in all commodities.
Although some kind of correction may have been expected in
commodities given the magnitude of their escalation in such a
short period of time, the violence of it was orchestrated and in
every which way intended and cajoled by central bank action.
Be that as it may, investors in “real” things can take heart in
the chart on the top of the next page:
In our opinion, this chart epitomizes the futility of the
Central Bank Gambit. Merely looking at the upper black
line, much has been made of the equity market turnaround in the
past three years. It appears to be up 50% from the bottom;
albeit, still down 18% from its 2000 peak. Nonetheless, it would
seem that copious amounts of Fed liquidity have successfully
reversed the ill-effects of the stock market crash of 2000.
Chalk one up for monetary policy!
The blue line, on the other hand, tells an altogether different
story. This line measures the performance of the S&P 500 in
inflation-adjusted Euros. Here the comeback has been much less
impressive. In fact, there has hardly been a comeback at all.
This is the performance that a foreign investor might see.
A US equity market that is still flailing along the bottom, and
down 42.5% from its peak to boot.
Using gold as the “base currency” (appropriately, the gold line
in the above chart), the performance of the US stock market has
been even more dismal. The S&P still looks like it’s in
freefall! Perhaps even more interestingly, the recent drubbing
of gold in the past month (resulting in an ever so slight uptick
in the S&P relative to gold) has hardly changed the picture at
all. The S&P is still down almost 60% from its peak relative
to gold.

So has the Fed, through easy monetary policy, successfully
fought off the bursting of the stock market bubble of
2000? In nominal terms yes. In real terms no.
This goes to show that the Fed is in a box when it comes to
manipulating markets.
It is unable to prop up the markets relative to “real” things,
regardless of how much liquidity it provides and how much money
it prints.
Gold, commodities, and all things real have been the places
to be this decade and, in our opinion, will continue to be so.
Nothing has changed regarding our view on inflation.
The economic policies of the US, in the form of twin
deficits and reliance on asset bubbles for economic growth, have
been fundamentally unsound and this is being reflected in the
value of the dollar. In spite of recent feather pluming on
inflation, we do not believe that central bankers are serious
about pulling the reins on inflation at any cost.
They may talk the talk, but when push comes to shove they won’t
be able to walk the walk.
Historically, central bankers have been chronic debasers
of money over time.
They are addicted to money-induced asset bubbles.
Although the central banks don’t mind seeing gold and commodity
prices crash, history shows that they have a soft spot for
equity and housing markets.
Nary has a crash ever occurred in these areas without the
central banks turning on the spigots.
Highly doubt it will be any different this time.
This is why we believe the Central Bank Gambit will ultimately
backfire, as all orchestrated market manipulations do.
Not only is gold and silver now cheaper to buy, but its
underlying fundamentals (shortage of supply versus demand)
remain as favourable as ever.
Furthermore, high prices in other major commodities have
failed to impede demand. It only stands to reason that the
likelihood of shortages will only be greater at the
artificially-induced lower prices that the central banks want.
Although the correction was a painful one (as it was intended to
be), we believe the long term trend for commodities remains
intact.
It is also worth noting that the price of oil has barely budged,
remaining in the $70 per barrel range in spite of the liquidity
scare.

One thing that central bank maneuvers have caused is a crash in
global equity markets.

http://news.bbc.co.uk/2/hi/americas/4290944.stm

If a financial crisis were to ensue as a result, we believe
Gold will once again a LT shine.

Biggest Scam In History -

http://www.wtv-zone.com/Mary/FEDERALRESERVE.HTML

http://www.investorshub.com/boards/board.asp?board_id=5404

artie, thanks for the info -

bought 10K more today -
what a bargain -
Love it.

INVEST IN THE QUEEN



http://www.northernminer.com/jrMining/pdfs/QUEENSSTEAK.pdf

New York Hard Assets Investment Confere
by: arthur7440
Long-Term Sentiment: Strong Buy 04/29/06 07:48 pm
Msg: 4374 of 4374

New York Hard Assets Investment Conference
May 15, 2006 to May 16, 2006

Conference Location:
New York Marriott Marquis
1535 Broadway
New York, NY 10036

Come visit us at booth #916. A presentation by Dorian (Dusty) Nicol, Queenstake's President and CEO, will be held at 8:45 a.m. on Monday, May 15th.

Find out more information about the conference at http://iiconf.com/

European Gold Forum 2005 on Thursday, A
by: arthur7440
Long-Term Sentiment: Strong Buy 04/29/06 06:59 pm
Msg: 4373 of 4374

11:10 AM Queenstake Resources
click the icon to play archived audio:


http://events.onlinebroadcasting.com/denvergold/042606/frameset.php?file=queenst ake&co=queenstake&player=win

Artie, well Newmont need the Queen -
to stake out the Gold profit -

NEM bought as much as allowed -
to get a great profit -
when the Queen start to move -



The Queen - a more Golden Treasure
Chest is hard to find -
Tia.

WHY NEWMONT NEEDS QUEENSTAKE


Newmont Mining Corporation First Quarter 2006 Results

OPERATING HIGHLIGHTS



NEVADA First Quarter 2006 First Quarter 2005

Consolidated gold sales
(000 ounces) 535.0 588.6
Equity gold sales (000 ounces) 489.3 557.5
Consolidated costs applicable to
sales ($/ounce) $395 $309



In Nevada, gold ounces sold decreased 9% during the first quarter of 2006 compared with the same period in 2005, primarily as a result of a 14% decrease in mill ore grade. The decrease in mill ore grade resulted from mining lower grades at the Midas and Deep Post underground mines. Mill throughput was lower as a result of 14 days of unplanned downtime at Mill 5. Costs applicable to sales per ounce increased 28%, primarily due to a decrease in ounces produced and increased labor, diesel, cyanide and underground contract service costs, as well as a change in accounting for deferred stripping.

http://www.resourceinvestor.com/pebble.asp?relid=18996

Investment News Update

Dear Investor,

Gold’s on fire — surging nearly $43 just in the past 3 days this week ... dipping sharply today ... and getting ready for the next big surge to my target of $740! So right now, you have a nice, convenient entry point PLUS the opportunity for blow-out profit potential.

Don't miss it! We’re in the great gold price explosion I've been telling you about for so long. It's dramatic. It's gaining momentum. And it's probably going to be even
bigger than the great gold bull market of the late 1970s!

Indeed, everything I see tells me that ...

This gold boom has got very long legs ... with a huge footprint, carrying nearly all natural resources to record highs. Silver has just surged to its highest level in 25 years. Copper has jumped to the highest level in history. Oil, uranium, zinc, even tungsten are going berserk.

This boom harbors INCREDIBLE profit potential, provided you don’t wait around, and provided you make the right choices. That’s why I’m sending you this urgent flash right now.

At this critical juncture, I want to make sure you’re in the right place at the right time. And just in case you missed one or more of my recent alerts, I want to make sure you’re on board with my top picks.

I’ll give my main one to you in just a moment. But first, let me tell you why I’m so convinced this boom has such long legs and offers such huge profit potential, even if you’re just getting on board right now.

The Case for $2,000 Gold

Gold is still so grossly undervalued, it’s a joke.

In terms of today’s dollars, gold reached $2,176 in 1980.

And that was at a time when the demand for gold was far less sustainable than it is today ... and the supplies far more abundant.

In other words ...

Gold will have to nearly quadruple — to more than $2,000 an ounce — just to regain the same purchasing power it had 26 long years ago!

Look. If history teaches us anything, it’s that no record stands forever on Wall Street. And right now, the action in the market is telling me the day gold breaks its record is coming a lot sooner than most people think!

ITS A GOLD RUSH



http://tdw.globeinvestor.com/servlet/ArticleNews/search/GAM/20060419/RGOLDBAR19/stocks/news?back_url...

INTERVIEW WITH JOHN EMBRY

12:30 PM ET
Market Call with Jim O'Connell
Precious Metals (Junior Gold and Mining Companies)
John Embry, chief investment strategist, Sprott Asset Management

Duration: 57 m 32 s


Queenstake Res @ the 41 minute mark

http://www.robtv.com/shows/past_archive.tv

QUEENSTAKE RESOURCES LTD

http://tinyurl.com/gn2jx

QRL.TO - QUEENSTAKE RESOURCES LTD (TSX)

Date Open High Low Last Change Volume % Change
04/13/06 0.4400 0.4450 0.4350 0.4400 +0.0050 1751200 +1.15%

Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Hold
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 60% - Buy
20-Day Average Volume - **********

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - **********

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy

100-Day Average Volume - **********

Overall Average: 88% - Buy

Price Support Pivot Point Resistance
0.4400 0.4300 0.4400 0.4500

A Happy Safe Easter To All

http://www.queenstake.com/

WebBroker Select Company News Alert

========================


Queenstake Announces Closing of US$10 Million Private Placement from Newmont

prnews



DENVER, April 13 /PRNewswire-FirstCall/ -- Queenstake Resources Ltd.
(Amex: QEE; TSX: QRL) has closed its equity private placement with Newmont
Canada Limited (Newmont), a subsidiary of Newmont Mining Corporation
(NYSE: NEM; TSX: NMC), whereby Newmont purchased 28.51 million Queenstake
common shares at Cdn$0.41 per share for gross proceeds of US$10 million. With
this purchase, Newmont owns approximately 4.9% of Queenstake's basic
outstanding common shares.



As part of the private placement, Newmont received warrants that can be
exercised to acquire up to 28.51 million common shares of Queenstake at a
price of Cdn$0.55 for a four-year period, which would generate Cdn$15.7
million in cash if exercised.



In addition, affiliates of Newmont are conveying three of their Nevada
exploration properties, including the Shwin Ranch project along the
Cortez-Battle Mountain Trend, to Queenstake. Another affiliate of Newmont is
selling concentrates and ore from its Nevada operations to Queenstake for
processing at its Jerritt Canyon roasting and milling facility in Northeastern
Nevada. The contract calls for the purchase of approximately 500,000 tons of
concentrates and ore per year over two years. Ore purchases with Newmont may
continue for up to three more years if Queenstake has the spare processing
capacity.



Dorian L. (Dusty) Nicol, President and Chief Executive Officer of
Queenstake, said, "We are pleased to have closed this significant transaction.
The timely closing allows us to immediately optimize utilization of our
Jerritt Canyon milling and roasting facility. It also allows us to accelerate
exploration early in the field season."



Net proceeds from the private placement will be used to fund exploration
and for other corporate purposes. Queenstake was advised in this transaction
by Blackmont Capital Inc. and will pay advisory fees in connection with the
transaction.



The securities referenced herein have not been and will not be registered
under the United States Securities Act of 1933 and may not be offered or sold
in the United States, unless an exemption from registration is available.
After a contractual six-month holding period, the shares held by Newmont may
be freely traded in Canada.




Queenstake Resources Ltd. is a gold mining and exploration company based
in Denver, Colorado. Its principal asset is the wholly owned Jerritt Canyon
mining operations and district in Nevada. Jerritt Canyon has produced over
seven million ounces of gold from open pit and underground mines since 1981.
Current production at the property is from underground mines. The Jerritt
Canyon District comprises 119 square miles (308 square kilometers) of
geologically prospective ground and represents one of the largest contiguous
exploration properties in Nevada.


For further information call:
Wendy Yang 303-297-1557 ext. 105
800-276-6070
Email -- info@queenstake.com web -- www.queenstake.com




Cautionary Statement -- This news release contains "Forward-Looking
Statements" within the meaning of applicable Canadian securities regulations
and Section 21E of the United States Securities Exchange Act of 1934, as
amended and the Private Securities Litigation Reform Act of 1995. All
statements, other than statements of historical fact, included in this
release, and Queenstake's future plans are forward-looking statements that
involve various risks and uncertainties. Such forward-looking statements
include, without limitation, estimates and projections of future gold
production, processing rates and cash operating costs. Forward-looking
statements are subject to risks, uncertainties and other factors, including
gold and other commodity price volatility, operational risks, mine
development, production and cost estimate risks and other risks which are
described in the Company's most recent Annual Information Form filed on SEDAR
(www.sedar.com) and Annual Report on Form 40-F on file with the Securities and
Exchange Commission (SEC; www.sec.gov) as well as the Company's other
regulatory filings. Although the Company has attempted to identify important
factors that could cause actual actions, events or results to differ
materially from those described in forward-looking statements, there may be
other factors that cause actions, events or results not to be as anticipated,
estimated or intended. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. The Company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information, future
events or otherwise.




SOURCE Queenstake Resources Ltd.



For further information: Wendy Yang of Queenstake Resources Ltd., +1-303-297-1557, ext. 105, or +1-800-276-6070, info@queenstake.com

Copyright 2002 The Globe and Mail

News Release 2006-10 April 13, 2006

Queenstake Provides First Quarter Operating Update and
Reaffirms 2006 Production Guidance

Denver, Colorado - April 13, 2006 - Queenstake Resources Ltd. (TSX:QRL, AMEX:QEE) reported that its Jerritt Canyon operations in northeastern Nevada produced 29,873 ounces of gold in the first quarter of 2006 and accumulated an estimated 22,000 ounces contained in an ore stockpile as at the end of March 2006. For the full year, the Company expects to produce between 200,000 and 220,000 ounces of gold.

During the first quarter, the mining rate and mined ore tonnage were consistent with the Company's 2006 operating plan. Extremely wet weather during the early portion of the quarter and mechanical issues at the mill, as previously announced in the Company's news release of March 30, 2006, combined to delay processing all of the ore mined in the quarter. As a result of this processing delay, production from gold ounces poured was 34% lower than the prior quarter. The mechanical issues related to the pinion gear caused temporary mill shut downs. However, the mines continued to deliver ore to an increasing stockpile, adjacent to the mill, and continued underground mine development.

The overall impact is that Jerritt Canyon expects to process the stockpiled ore (in excess of 100,000 tons containing an estimated 22,000 ounces of gold) during the remainder of 2006. For the rest of the year, it is anticipated that the mill will be running at full capacity, processing both Jerritt Canyon mined ore, and concentrates and ore purchased from Newmont's Nevada operations. (See the Company's separate news release today pertaining to closing of the Newmont private placement.) Operating costs and financial results for the first quarter of 2006 will be reported by May 15, 2006.

Total cash operating costs in the 2006 first quarter were generally in line with the operating plan. However, cash operating costs on a per ounce basis are estimated to be significantly higher than the 2005 fourth quarter's cash operating costs of $413 per ounce, primarily due to much lower gold production and the expenses related to the mechanical issues with the mill experienced in the first quarter.

Underground Operations Update
During the 2006 first quarter, the underground mines performed well, moving 326,522 tons, including 228,963 ore tons, both in line with Company's 2006 operating plan, with mined ore being accumulated in the ore stockpile. Ore tons mined increased 3% from the fourth quarter of 2005. Capitalized mine development of 2,680 feet (817 meters) was slightly ahead of the 2006 operating plan during the first quarter.

Mill Update
The mill processed 150,228 tons during the first quarter, 29% lower than the prior quarter. The average process grade was 0.25 ounce of gold per ton (opt), slightly lower than expected in the 2006 operating plan due to the delay in processing some higher grade ore, which is in the ore stockpile. The average recovery rate of 86% was 1% lower than expected in the 2006 operating plan as the mill was not operating as efficiently during the first quarter due to the mechanical and weather related factors.

During the 2006 first quarter, as previously reported, the mill had two broken pinion gears. The first was caused by a lubrication system failure and the second by rapidly accelerated wear of the new replacement pinion gear against an older, worn bull gear. After consultation with several mill and gear experts, the mill resumed operations in late March with close monitoring to avoid further issues. The long-term solution requires that the bull gear be turned over for a fresh surface to more closely match the new pinion gear, ensuring future continuous operation. The turning of the gear is being done now, during a scheduled eight- to 10-day annual mill maintenance shut down.

2006 Outlook
The Company's production estimate for 2006 is unchanged at 200,000-220,000 ounces of gold.

The second and third quarters of 2006 are expected to have significantly higher gold production than the first quarter as the mill processes the ore stockpile. Cash operating costs per ounce for the remaining quarters of the year are expected to be considerably lower than the first quarter due to increased gold production. Cash flow from operations was used in the first quarter to pay for direct mining costs of extracting and transporting the ore to the stockpile. These costs are inventoried in the stockpiled ore and recognized in cash operating costs as the ounces are produced. Accordingly, operating cash flow is expected to improve in the second and following quarters.

These quarterly fluctuations are expected to even out over the full year's production so that cash operating costs per ounce remain at an estimate within 5%, over or below $413 per ounce. The benefits of the Newmont concentrates and ore purchase contract have not yet been factored into this estimate, but as previously reported, the contract is expected to reduce the Company's cash operating costs per ounce by $15-$20 by spreading the fixed costs over gold ounces from Jerritt Canyon production and purchased ore. The Company's gold production remains unhedged to allow full benefit and exposure to the current rising spot gold price.

Queenstake Resources Ltd. is a gold mining and exploration company based in Denver, Colorado. Its principal asset is the wholly owned Jerritt Canyon District in Nevada. Jerritt Canyon has produced over seven million ounces of gold from open pit and underground mines since 1981. Current production at the property is from underground mines. The Jerritt Canyon district comprises 119 square miles (308 square kilometers) of geologically prospective ground and represents one of the largest contiguous exploration properties in Nevada.
# # #

For further information call:
Wendy Yang 303-297-1557 ext. 105
800-276-6070
Email - info@queenstake.com web - www.queenstake.com

Cautionary Statement - This news release contains "Forward-Looking Statements" within the meaning of applicable Canadian securities law requirements and Section 21E of the United States Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in this release, and Queenstake's future plans are forward-looking statements that involve various risks and uncertainties. Such forward-looking statements include, without limitation, (i) estimates and projections of future gold production, processing rates and cash operating costs, (ii) estimates of savings or cost reductions and (iii) estimates related to financial performance, including cash flow. Forward-looking statements are subject to risks, uncertainties and other factors, including gold and other commodity price volatility, operational risks, mine development, production and cost estimate risks and other risks which are described in the Company's most recent Annual Information Form filed on SEDAR (www.sedar.com) and Annual Report on Form 40-F on file with the Securities and Exchange Commission (SEC; www.sec.gov) as well as the Company's other regulatory filings. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


This email is provided as a communication means to our shareholders and subscribers who have requested to receive this information. If you have questions or comments about this service or to unsubscribe, please contact info@queenstake.com

Gold’s New Big Dog
According to the IMF, China currently holds just 1.4% of its total foreign exchange reserves in gold. This is the lowest amongst major central banks. The average is 5% and many central banks have a lot more than that.

Now consider: If China were to boost its gold holdings just to 5%, it would need to buy the rest of this year’s total mining output!

Of course, that wouldn’t happen—not overnight, anyway.

But it is very likely to happen over time, and here’s why:

Beijing’s Big Dogs have already declared that, as the yuan rises and the value of China’s dollar-horde is forced down, China will aggressively diversify into gold.

This makes cold economic sense. Islamic nations have been doing the same since 2004, and this has been a significant force behind the resurgence of gold from $391 to $591 an ounce. Again—inflation had nothing to do with it.

So: Beijing is one big new gold buyer. Who is the other?

$831—here we come!
The second big new buyer of gold is the Chuppy: the newly-affluent Chinese yuppy.

The Chuppy has not been a gold-buyer until very recently, but a new China Strategy survey of spending habits among China’s new middle class indicated that there is a remarkable change afoot.

Our historic survey found intense conservatism among the new middle class in China. This burgeoning group will buy real estate, they will buy status symbols, but above all, they will hedge against an uncertain future.


gold to do it.
Who could blame them? This is a generation that saw their parents eat grass to survive, and experienced individual aspirations being publicly crushed into the collective mud.

Here in the U.S., we saw how the Great Depression made Gold Bugs of an entire generation. Imagine, then, the effect on today’s Chuppies of Mao’s ghastly Great Leap Forward!

Small wonder, too, that Chuppies in our survey felt extreme caution about socking their savings away in Beijing’s banks. Banks are seen by many in China as corrupt and liable to be plundered by the government.

So gold is the logical answer.

Today’s Chuppies are buying gold, but not in the form of the heavy, 24-carat jewelry favored in India. Hip new looks and lighter alloys are coveted—but the effect on gold prices is the same.

It’s a classic demand-driven boom—just as we’ve seen in so many commodities over the past 5 years.

In China's Hottest Commodities, a brand-new report I am making available to all new subscribers to China Strategy with today’s offer, I show you how to cash in on gold’s next big leg up. The report is FREE, today only, at this special link.

The Second 91% Gain
Commodity prices are 91% higher today than four years ago. Did you know? And, more to the point: Did you profit?

It’s not just gold and silver that are hitting 25-year highs, either. From aluminum to wheat, it’s a roaring, red-hot commodities bull market!

Pension funds as well as retail investors are now using commodities as a crucial way to diversify away from stocks.

So in many ways, this bull market is still young—and, indeed, prices of many mining companies are still among the best deals on The Street.

China’s juggernaut economy is the key driver behind many of these all-time highs. China bought just 5% of the world’s output of base metals in the 1980s.

Today, it buys about 25%.

That’s a huge, historic shift. You just can’t ignore it.

Artie & Friends,

I figure I'll keep communications to the "email" route, for now. I am going to find out this week whether or not I'll pursue working with MS. For now, I am still independent and can speak my mind without interference.

Van Eeden has a good basic knowledge of what is going on with the POG. He's also a very good communicator. However, I do not see any more significant damage happening to the dollar. The reason gold is going up is because the demand is going up (and should continue to do so). The "euphoria" is just coming to the attention of those who really don't understand much of anything about the markets. What is happening with gold is not directly correllated with the dollar. If it were, gold wouldn't be moving at all. As far as interest rates go, they were taken down much too low after the disaster of 9-11. The housing market is going to take a hit, but not anytime soon. Granted, new housing starts and down and bankruptcies are up. . .but one does not declare bankruptcy if they have any capital. The markets are run by people with capital, not those without capital. There is still money out there, and where to put that money is getting more and more sparse. More people WITH money are now looking at gold as a hedge against changes in currency values.

Like I said, I like Paul. But he's been on this "focus to the dollar vs. gold" issue for much too long. Anyone that has been watching the dollar knows that it has been stable for several months against other currencies. The account deficits of the US Govt are increasing, but Burnanke is pledged to printing more and more money as he raises interest rates. Inflation will be a barometer to keep an eye on, but anyone living in the US knows that the price of autbomobiles has actually tanked. One can pick up some really nice autos at 2/3 the cost it could have been a few years back. Fossil fuels are soaring. . .the price of autos goes down. Geesh, Toyota is even making a 13,000 auto that looks good, and rides good, and gets good gas mileage. If GM could figure out how to do that, they might actually survive. And this "union" BS isn't helping GM, at all.

Gold will continue to go up. I just hope that a premature parabolic move doesn't happen too soon. It is very possible this will happen. In that event, we will see a major pullback. It would be nice if the pace would slow down a bit. However, I do not think we are going to see a traditional bull market in gold. Times have changed. We have a totally different set of circumstances to monitor this time around vs. the old gold bull of 79-81. Just about everyone has a computer now, and interest rates are still minor compared to the Reagon era. This is an entirely different set of rules. . .and possibilities. The fiat system is not going to come to an end and gold is never going to be the world currency as there isn't enough gold to provide for a world currency (gold, silver and copper. . .are in demand, in many other ways). Besides, if the fiat system crashes none of us are going to need to worry about gold or anything else. The Bush Administration will make sure WWIII moves into full effect and most of us will become pieces of our environment (dashed to ashes by nuclear bombs).

Van Eeden is a little afraid of mentioning the truths. I'm surprised that some of his positions have been so short when he believes gold will continue to move. If he were that confident, he'd just hold his gold positions and stop dilly dallying around. In the bull of the late 70s and early 80s, most junior mining stocks ran up hundreds of percentage points. If he feels his philosophy is so strong. . .he doesn't need to sell any of his positions because he may be worth more than Warren Buffet if he just holds on. I think the smartest people are maintaining their positions and waiting out the storm. The question is, "What type of storm are we in for?" Answer. . .nobody really knows. It's just interesting how all these people begin coming out of the woodwork to put praise on their hypothesis before them become theories. Silence. . .may be the best "golden rule" of all. And when people are "in the know" of how things actually works, they are kept silent. The SEC makes sure of that.

Just hold your positions and enjoy the ride. The cyclical bull in gold could move faster than one is ready for but at least you are positioned. It is those that are not positioned or that are flipping money from hither to yon that are going to suffer the consequences of not being patient during the eye of the storm.

Peace,

Paul van Eeden


Thursday was an interesting day: the US dollar fell sharply against the euro and other European currencies, causing a spike in the gold price. Silver and other metals prices also benefited. US bonds fell, US stocks fell, US interest rate rose and the gold price increased. There it was: the dollar falling with rising interest rates and a rising gold price. Regular readers of these commentaries know we were waiting for this exact scenario. Under these conditions, I expect the gold price to continue to move upwards; even though it never does so in one, smooth, straight line.
What caused the drop in the dollar? US Commerce Secretary Carlos Gutierrez warned of rising protectionist sentiments in Washington while in Beijing on Thursday. Later in the day US Treasury Undersecretary Timothy Adams told a congressional committee that his department's number one priority is to get China to revalue its currency (upwards) against the dollar. Prior to this, Senators Schumer and Graham had proposed a tariff of 27.5% on all US imports from China and were going to force a Senate vote on the issue Friday. However, after returning from a trip to China, the two decided that they would, after all, not force the Senate to vote on Friday.

Anti-Chinese sentiment in America has been brewing for a while and it seems to be only a matter of time until they either enact protectionist legislation, such as tariffs, or force the Chinese and Japanese to let the dollar fall. I wrote about this before and showed that the most likely outcome would be for the Chinese and Japanese to let the dollar fall (http://www.paulvaneeden.com/displayArticle.php?articleId=109)..

The problem, of course, is the ballooning US trade deficit with China. In order to let the renminbi appreciate against the dollar, China will have to sell more of the trade dollars it receives and buy fewer US Treasuries. That also means Japan will have to buy fewer Treasuries because the yen will follow the renminbi, and so will all the other Southeast Asian currencies and probably also the European currencies. But if all these currencies appreciate against the dollar, then all foreign investments in the US will have their returns diminished. If you were not a US resident, would you invest your capital in the US knowing that its Legislature is hell-bent on devaluing the dollar? Probably not, which is why investors reacted with their pocket books this week.

The net result of reduced foreign investments coming into the US will be higher US interest rates, a lower US dollar, a falling US stock market, declining US real estate prices, rising unemployment and rising gasoline prices due to higher oil prices as a result of a weaker US dollar. And, of course, a rising gold price.

If you are interested in some of my views on gold and exploration stocks, I was interviewed on ROB TV (a national business television program in Canada) on Thursday night. Here is a link to the program: http://www.robtv.com/shows/past_archive.tv?day=thur . Scroll down to the 8PM segment, called Market Call Tonight with Howard Green.

If you want to know more about what I think, and what I buy and sell with my own capital, you could subscribe to my weekly newsletter. In it I tell subscribers what I buy and what I sell. I also try to explain my reasons. This week, as an example, I bought three stocks. Information about my newsletter and details on how to subscribe are all on my website at www.paulvaneeden.com (look under the Newsletter Section).

Paul van Eeden

Hi Artie,

welcome to InvestorsHub Queenstake,
hope we get more friends from QEE Yahoo forum -
here its possible to explain with pictures -
one picture may compensate 1000 words.

Well it was a good week - QEE Dusty
showed (the bashers neg. shorts) the miners boot
- long overdue.

The worlds largest miner Newmont -
is now our partner and wanted to buy all
shares but not allowed -
sure will buy a lot more -
of the Nevada Golden Queen in the future -



Artie i hope you and QEE friends will have
a good time here,

Bob

Queenstake to Discuss Newmont Transaction and 2005 Results Conference Call -
PR Newswire



Queenstake to Discuss Newmont Transaction and
2005 Results Conference Call
DENVER, March 30 /PRNewswire-FirstCall/ --

Queenstake Resources Ltd.
(Amex: QEE; TSX: QRL)
announced a $10 million private placement from Newmont
and also reported its fourth quarter and 2005 results today. Queenstake will hold a conference call hosted by President
and Chief Executive Officer Dorian (Dusty) Nicol to review
these announcements at 2:00 p.m. Eastern Standard Time
today.

The conference call may be accessed by telephone:
United States and Canada
(Toll-Free): 1-866-672-2663
International (Toll):
1-973-582-2822

The conference call may also be accessed via the Queenstake
web site at www.queenstake.com,
under the Audio Webcast Link on the homepage.

A replay of this call will be available for a limited time
on the Queenstake web site or by calling:

United States and Canada (Toll Free): 1-877-519-4471
International (Toll): 1-973-341-3080
Replay Pin Number: 7222619

Queenstake Resources Ltd.
is a gold mining and exploration
company based in Denver, Colorado.
Its principal asset is the wholly owned Jerritt Canyon
District in Nevada.

Jerritt Canyon has produced over seven million ounces of gold
from open pit and underground mines since 1981.

Current production at the property is from underground mines. The Jerritt Canyon district comprises 119 square miles
(308 square kilometers) of geologically prospective ground
and represents one of the largest contiguous exploration
properties in Nevada.

For further information call:
Wendy Yang 303-297-1557 ext. 105
800-276-6070
Email - info@queenstake.com
web - www.queenstake.com

SOURCE Queenstake Resources Ltd.

Source:
http://www.investorshub.com/boards/board.asp?board_id=5466

PR Newswire (March 30, 2006 - 8:50 AM EST)

News by QuoteMedia

Queenstake Announces $10 Million Private Placement
From Newmont - PR Newswire



Queenstake Announces $10 Million Private Placement From Newmont
DENVER, March 30 /PRNewswire-FirstCall/ --

Queenstake Resources Ltd.
(Amex: QEE; TSX: QRL) -
has entered into an agreement with Newmont Canada Limited
(Newmont) whereby Newmont will purchase 28.51 million
Queenstake common shares at Cdn$0.41 per share for gross
proceeds of US$10 million through an equity
private placement.

As part of the private placement, Newmont will receive
warrants that can be exercised to acquire up to
28.51 million common shares of Queenstake at a price
of Cdn$0.55 for a four-year period, which would generate
Cdn$15.7 million in cash if exercised.

After closing, Newmont will own approximately 4.9% of
Queenstake's basic common shares.

If Newmont were to exercise all of its warrants and
maintain its holdings of Queenstake's basic outstanding
common shares, Newmont would hold approximately 8.5%
of Queenstake's fully diluted outstanding common shares.

For a period of two years from closing, Newmont will
have the right to participate in future equity offerings
by Queenstake to preserve its fully diluted shareholding
percentage and will have certain additional rights to
participate in debt financings.

An affiliate of Newmont will also convey three of its Nevada
exploration properties, including -
the Shwin Ranch project along the Cortez-Battle
Mountain Trend, to Queenstake.

In addition, another affiliate of Newmont will sell
concentrates and ore from its Nevada operations to
Queenstake for processing at its Jerritt Canyon roasting
and milling facility in Northeastern Nevada.

The contract calls for the purchase of at least 500,000 tons
per year over two years.

Ore purchases with Newmont may continue for up to three
more years if Queenstake has the spare processing capacity.

Dorian L. (Dusty) Nicol, President and Chief Executive
Officer of Queenstake, said, 'We are leveraging
the value of our Jerritt Canyon assets through this
multi-faceted strategic transaction with Newmont.

This deal delivers four significant value enhancers
for our shareholders -- processing and production
optimization, exploration acceleration, financial
flexibility and portfolio diversification.

The alliance with the world's leading gold company
reflects positively on our exploration and processing
expertise and our prospective, 119-square mile
exploration land package.'

The locations of the three Nevada early stage exploration
properties with respect to Jerritt Canyon are shown
on the map in the Appendix (please refer to
www.queenstake.com
for the map).

A brief description of each property follows:

* Shwin Ranch -- Located on the Cortez Trend.
The property has potential
for sediment-hosted Carlin style gold mineralization
as well as skarn mineralization.
Some drilling has been done on the property, but there
are several recognized targets that remain undrilled
together with the potential to generate additional
targets.

* South Carlin -- Located on the Carlin Trend,
between Newmont's Rain and Gold Quarry mines.
The property hosts Carlin style gold targets.
Limited historical drilling has not fully tested
these targets and there is also potential to generate
additional targets.

* Baxter -- Located on the north end of the Carlin
Trend, about 25 miles southwest of the Jerritt Canyon
property boundary, six miles northwest
of Barrick's Meikle Mine and about a mile from
Hecla Mining's Hollister project.
Past drilling has only partially tested potential
sediment-hosted Carlin type gold targets.

The properties are subject to a sliding scale net smelter
royalty, dependent on the gold price, of 3% to
a maximum of 5% if gold is at or above $500 per ounce,
with Newmont retaining the right to back into a 51% joint
venture interest in each of the properties.

The purchase of Newmont's concentrates and ore for
processing of at least 500,000 tons per year over
two years will increase the Jerritt Canyon mill
throughput to approximately 95% of its past
demonstrated capacity of approximately 1.5 million
tons (1.4 million tonnes) per year.

Queenstake had previously projected a steady state mining
and processing rate of approximately 0.9 million tons
annually under the redevelopment plan.

This contract is expected to lower the Company's cash
operating costs by approximately $15-$20 per ounce
for production from Jerritt Canyon by reducing the
fixed costs per ounce.

It also will allow blending of Jerritt Canyon ore for
improved efficiency.

The private placement, which remains subject to certain
closing conditions, including regulatory approvals,
is expected to close within about four weeks.
Proceeds will be used to fund exploration and for
other corporate uses.

Queenstake was advised in this transaction by
Blackmont Capital Inc. and will pay advisory fees in
connection with the transaction.

The securities referenced herein have not been and will
not be registered under the United States Securities Act
of 1933 and may not be offered or sold in the United States,
unless an exemption from registration is available. After a
contractual six-month holding period, the shares held by
Newmont may be freely traded in Canada.

Queenstake Resources Ltd. is a gold mining and exploration
company based in Denver, Colorado.
Its principal asset is the wholly owned Jerritt Canyon
Gold mining operations and district in Nevada.

Jerritt Canyon has produced over seven million ounces
of gold from open pit and underground mines since 1981.

Current production at the property is from underground
Gold mines.

The Jerritt Canyon District comprises 119 square miles
(308 square kilometers) of geologically prospective
ground and represents one of the largest contiguous
exploration properties in Nevada.

For further information call:
Wendy Yang 303-297-1557 ext. 105
800-276-6070
Email - info@queenstake.com
web - www.queenstake.com

Cautionary Statement -- This news release contains 'Forward-Looking Statements' within the meaning of applicable Canadian securities regulations and Section 21E of the United States Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in this release, and Queenstake's future plans are forward-looking statements that involve various risks and uncertainties. Such forward-looking statements include, without limitation, (i) estimates and projections of future gold production, processing rates and cash operating costs, (ii) estimates of savings or cost reductions and (iii) estimates related to financial performance, including cash flow. Forward-looking statements are subject to risks, uncertainties and other factors, including gold and other commodity price volatility, operational risks, mine development, production and cost estimate risks and other risks which are described in the Company's most recent Annual Information Form filed on SEDAR (www.sedar.com) and Annual Report on Form 40-F on file with the Securities and Exchange Commission (SEC; www.sec.gov) as well as the Company's other regulatory filings. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Queenstake Resources Ltd.
http://www.investorshub.com/boards/board.asp?board_id=5466

Source: PR Newswire

Hi NYBOb
you started l great site here, my last post was one from Yahoo posted by someone else,
Artie

QEE Up 40% -

http://tinyurl.com/nddnc

T.QRL Up 35% -

http://tinyurl.com/fsv64


http://www.investorshub.com/boards/quotes.asp?ticker=qee

Re: talk on the phone

by: ecopo7 03/29/06 06:12 pm
Msg: 3244 of 3245

Yes the 4e quarter earnings she said we are working on it and it should be out 2to3 days some kind of(news brake) forgotte the terminolagie but it sounded like it some cachet to it.Made my day. If qee goes up some i may be out of the dog house for a will.

Should be anytime now.

Those are ditech ads but funny. <g>

When are we getting financials for Queenie? Going to pop the sotck?

Hi Tom and Welcome. l still post on Shouse l use Arthur7000, as l cannot post using Arthur7440, they cut me off for Spamming other B.B's about QRL

Artie
Ps Loan Tech l see your adds on TV

Artie my friend I was wondering where you went from the QRL SH board.
Tom514/loantech

Artie. . .it won't take that long once quarterly earnings come out at an equivalent of 550 + dollars per spot oz of gold. It would be nice if they could trim their costs of producing. But that's really not necessary. What they need to do is establish the fact that their properties are worth keeping the mine running well into the future (particularly, Jerritt/Starvation Canyon).

As all I can say is, "Ouch!" This stock is stuck in slow motion.

Interesting. There appears to be a "Pennant" formation on Gold. Hmmmm?

Peace,

lot of sellers coming on at 34-35-and-36 its going to take time getting past 36 and if guy's like one of my Trading Buddie's keep trading a 100.000 shares in and out its going to take quite sometime for queenie to move up.

Artie. . .I've been watching this one for quite some time. As gold continues to progress. . .things should get interesting. We'll see if the CEO (Dusty) can "dust off" the shelves and clean this one up a bit.

Peace,

It looks a good one to start clean on Mark

Artie

Hi Artie. Nice thread;)

Peace,

WELCOME Members
Artie