Category Archives: Liberty

TSX: LBE

TORONTO , Oct. 4, 2012 /CNW/ - Liberty Mines Inc. (LBE.TO) ("Liberty" or the "Company") today announced that it has filed on SEDAR a National Instrument 43-101 compliant technical report on the results of the Preliminary Economic Assessment (PEA) completed for its Hart Project, a nickel deposit located in Timmins Ontario, and approximately five kilometers from the Company's Redstone mill. The PEA was prepared by Stantec Inc.

Highlights of the Hart Project Preliminary Economic Assessment: As previously disclosed by Liberty Mine on August 23, 2012 , highlights of the PEA include:

Hart Project Description The Hart Project will be a stand-alone underground mine used for the extraction of nickel ore, and will share synergies with Liberty's existing assets and facilities.Underground production will be done primarily via long-hole mining and transported to surface using diesel trucks.The Hart Mine is expected to produce an average of 750 tonnes of nickel ore per day throughout its 8 year life of mine. The PEA assumes that construction of the mine will begin in 2013 and will reach a steady rate of production by 2017.

Cautionary Note concerning Resource Estimates used in this PEA Liberty cautions that the PEA referred to in this announcement is preliminary in nature and includes inferred mineral resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. Mineral resources that are not reserves do not have demonstrated economic viability. Due to the inclusion of inferred resources in the PEA, the Company also cautions there is no certainty that the PEA will be realized.

Qualified Persons Qualified Persons for the Hart resource estimates consist of Mr. Glen Cole , P. Geo., and Mr. Andrew MacKenzie , P. Eng., who prepared the resource estimate contained in the Hart technical report filed March 4, 2010 referenced herein. Each of Mr. Cole and Mr. MacKenzie are Qualified Persons under NI43-101 and are independent of the Corporation.Qualified Person for the Hart Preliminary Economic Assessment, the main subject of this disclosure, is Mr. Mark Hatton , P.Eng from Stantec.

In addition to the Qualified Persons responsible for the preparation of the above referenced technical reports, Ms. Heather Miree , P. Geo., V.P. Exploration for Liberty Mines Inc. has acted as Qualified Person, as defined by NI43-101, concerning the exploration portion of this disclosure and Mr. Keyvan Salehi , P. Eng., V.P. Technical Services and Business Development for the Corporation, has acted as Qualified Person regarding the engineering and economic portions of this disclosure. Both Ms. Miree and Mr. Salehi are employees of the Corporation, thus are not independent of it.

About Liberty Mines Inc. Liberty Mines Inc. is a mid-tier producer of nickel and is focused on the exploration, development and production of nickel, copper, cobalt and platinum group metals from its properties in Ontario, Canada . It owns and operates the only nickel concentrator in the Shaw Dome, a prospective nickel belt region near Timmins, Ontario. With a new management team in place, Liberty is focused on growth initiatives not only through a more aggressive exploration program on its current properties but also through potential acquisition or partnership opportunities beyond its core Timmins area projects.

CAUTIONARY STATEMENT No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward looking statements". All statements other than statements of historical fact included in this release, without limitation, statements regarding future plans and objectives of Liberty, are forward looking statements that involve various risks and uncertainties. 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. Important factors that could cause actual results to differ materially from Liberty's expectations are: exploration risks; commodity prices; regulatory approvals; receipt of mining permits and leases; and assumed startup and operating costs detailed herein and from time to time in the filings made by Liberty with securities regulators. Forward-looking statements speak only as of the date on which they are made. The Company undertakes no obligation to publicly update any such statement or reflect new information or the occurrence of future events or circumstances, except where required by securities regulations. Accordingly, readers should not place undue reliance on forward-looking statements.

SOURCE: Liberty Mines Inc.

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Liberty Mines Files NI 43-101 Technical Report for the Preliminary Economic Assessment on its Hart Nickel Project

Andy Warhols 1962 Statue of Liberty could fetch more than $35 million when its auctioned on Nov. 14 at Christies in New York.

The statue is depicted 24 times, in four rows of six images. Silkscreened in red over green ink on white background, the work has a three-dimensional effect.

If you put on 3-D glasses, it becomes a grainy, black and white 3-D photograph, said Brett Gorvy, chairman and international head of postwar and contemporary art at Christies. Well be giving 3-D glasses with our catalogs.

Two other examples of Warhols 1962 experimentations with 3-D are Optical Car Crash, which is in the collection of the Kunstmuseum in Basel, Switzerland, and another Statue of Liberty from the Andy Warhol Museum in Pittsburgh.

In the 1960s, 3-D was known from the horror movies, Gorvy said. Warhol actually made a 3-D movie in the 1970s. It was about Frankenstein.

The choice of colors is connected to works in Warhols Death and Disaster series, which often are in strong greens or strong reds. A painting from the series, Green Car Crash (Green Burning Car I), (1963) sold for $71.7 million in 2007 and remains Warhols auction record.

Statue of Liberty had belonged to German entrepreneur Erich Marx, whose art collection became the core of the Hamburger Bahnhof contemporary-art museum in Berlin. The work was later acquired by the Daros Collection in Zurich, which sold it privately in the past decade to the current consigner, according to Gorvy.

Statue of Liberty will appear in the same sale as Warhols 1966 portrait of leather-clad Marlon Brando on a motorcycle, expected to bring about $20 million. Titled Marlon, the work comes from the collection of Donald L. Bryant, a trustee of the Museum of Modern Art who bought it for $5 million at Christies in 2003.

So far, the highest estimate of the November auctions in New York belongs to Rothkos 1954 No. 1 (Royal Red and Blue), valued between $35 million and $50 million. It will be offered at Sothebys evening sale of contemporary art on Nov. 13.

Muse highlights include Rich Jaroslovsky on technology, Manuela Hoelterhoff on the arts.

Originally posted here:
Andy Warhol ‘Statue of Liberty’ May Fetch $35 Million

Posted: Oct. 4, 2012 | 2:02 a.m.

Liberty sophomores Tristan Hoyle and Matthew Drongesen had one objective in the third round of Wednesday's Division I Sunrise Region semifinal at Green Valley.

Their job was to stave off the Gators' Matthew Chen and Isaac Wellish in the final match. In doing so, the Patriots would punch their ticket to the team final.

"We knew going into the final game we had a good chance to break their serve," Hoyle said. "We were up close within the past couple of games, but we figured if we stepped it up and kept it away from their better player, we would have a good shot at it."

The duo did exactly that, outlasting Chen and Wellish 6-4 in the deciding match to secure Liberty's 10-8 victory and a spot in the Sunrise final against Coronado at 8 a.m. Saturday at Darling Tennis Center.

"We're happy with the win," said Liberty coach Kih Gourrier, whose team reached its first region final. "I knew it would be a close match; 10-8, 11-7, it didn't really matter as long as we came out with the win."

Hoyle and Drongesen went 3-0, including a 7-6 victory decided on the tiebreaker against Green Valley's Jake Johnson and John John. After splitting six matches in the first round, Liberty (10-2) grabbed four points in the second round to take a 7-5 lead.

"We know we had some important matches that we knew we had to take care of today to keep us on top," Hoyle said. "I figured right off the bat that we were going to have to go 3-0 in doubles for us to pull it off."

Liberty's Dylan Ihmels and Chitnarong Sopat each went 3-0 in singles.

The doubles teams of Chen and Wellish, Johnson and John, and Parker Phelps and Amar Shah each went 2-1 for the Gators (12-1).

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Liberty Knocks Off Gators

The Galt Herald would like to introduce Faith Lewis, a 17-year-old Liberty Ranch High School senior who has been writing stories as an intern for the Herald.

Faith is not your typical or average high school student, she is very driven and successful in anything she attempts. Not only is she an honor student with a 4.0 GPA, she is also an athlete who happens to be Liberty Ranchs number one cross country female this season.

Faith attended St. Peter in Lodi before beginning her high school career at Liberty Ranch. According to the high school boundaries Faith was in the Galt High School attendance area, but because she lives geographically closer to Liberty Ranch, she applied for an inter-district transfer and was granted attendance there when she began her freshman year.

Faith is a scholar student completing AP U.S. History, AP World History, and Honors English and is currently taking AP Statistics, AP English, Journalism and AP Government. After completing her Bachelor of Arts, Faith hopes to attend a graduate program for writing and would love to go to Pratt in Brooklyn known as one of the best writing schools in the nation.

Faith has always wanted to write. In fact, she got involved in the journalism class her freshman year at Liberty Ranch because it was the only writing program offered at the school.

My real passion for writing is creative writing, said Faith. As long as I can remember, I have been writing stories.

Faith wrote her first book her eighth grade year and that book was about 100 pages long. She just finished her second book Straying From Shadows and is working on getting that published.

With her busy academic schedule and all that homework, Faith also has cross-country practice every day after school and meets on the weekends. She is a captain this year, so she encourages her teammates to put out their best effort and keeps them motivated. Times vary depending on the course, but Faith can generally finish a three-mile course in 21 minutes. She was also the top runner as a Junior last year and made All-League and moved onto sub-sections. This year she hopes to move on to Masters and beat enough runners to make it to the State Meet.

Mom, Jennifer Lewis, encourages her daughter to reach her potential and she suggested Faith contact The Galt Herald about becoming an intern. Jennifer really began to notice Faiths love for writing in middle school.

She had a very good literature teacher in middle school and while other kids would turn in a six or seven page short story, Faith would turn in a 31 page fully composed story, said Jennifer.

Originally posted here:
Liberty Ranch student sets sights on writing career

WASHINGTON (AP) Federal regulators on Tuesday opened up a public comment period on an application by John Malone's Liberty Media Corp. to take control of satellite radio company Sirius XM Radio Inc.

The Federal Communications Commission said petitions to deny the application are due by Nov. 1. Responses to those filings are due two weeks later, with a final rebuttal to the responses by Nov. 20.

The FCC is looking into Liberty's proposed takeover of Sirius, in which Liberty already has amassed the equivalent of a 47.3 percent stake. If the commission approves, Liberty has said it will buy up enough shares within 60 days to give it majority control.

Liberty saved Sirius XM from near-bankruptcy in February 2009 by agreeing to lend it up to $530 million in exchange for preferred stock that amounted to a 40 percent stake.

Since then, Sirius recovered from its tailspin and as of the end of June it had more than 22 million subscribers.

Sirius shares rose 7 cents, or 2.7 percent, to $2.64 in afternoon trading. Liberty Media shares were up 34 cents at $105.11.

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FCC seeks input on Liberty bid to control Sirius

Liberty's Niklas Lindstrom took medalist honors with a 3-under-par total of 213 for 54 holes and the Flames had the top four individual scorers as they cruised to a 24-stroke victory over East Carolina at the fifth annual Rees Jones Collegiate Invitational at Haig Point Club on Daufuskie Island.

Host South Carolina finished third in the 12-team standings.

Lindstrom, a junior who didn't make the travel squad for this tournament a year ago, shot a 2-under-par 70 Tuesday to finish ahead of his second-place teammates by six strokes. Ian McConnnell, a junior from Riverview, Fla., who led after the first 36 holes with a 2-under 142, finished tied with Max McKay, a senior from Jacksonville, Fla., and Chase Marinell, a junior from Ft. Myers, Fla., at 3-over 219.

Liberty's team score of 6-over-par 870 in the play-five-count-four format was lowest in the tournament's short history. East Carolina rallied to overtake host South Carolina for second place with a total of 894.

The Gamecocks, who were led by Dykes Harbin, were third with 896. Harbin, a senior from Augusta, Ga., posted a 5-over total of 221 to take sixth place among individuals.

Defending team champion Kennesaw State (2010 and 2011 winner) finished eighth among the 12 teams with a 921 total.

"I wanted to break par today and finish with an under-par total," said Lindstrom, a 22-year-old who was a top-20 ranked amateur in Sweden before coming to school at Liberty in Lynchburg, Va., sight unseen in August 2010. "I've been working on my short game and my driving, and that has been the key. I played well in my last tournament and I felt I had my game going.

"Last year, I didn't play good enough and I was outside the team for this tournament. Now I have rebounded and it feels really good."

Lindstrom's went 73-70-70 and his final round was good enough to tie for low score on the day. It was one of just four scores under par for the third round. Overall, there were only seven scores under par for the three rounds on the 7,380-yard, par 72 Rees Jones-designed course and Lindstrom had two of them.

"I'm excited about how well the guys played," eighth-year head coach Jeff Thomas said. "This team has a lot of potential. I think we can be even better if everyone starts playing well. If they start pushing each other, the sky's the limit."

Continued here:
Liberty runs away with Rees Jones title at Haig Point

NEW YORK (AP) A Citi analyst on Tuesday raised his rating for Liberty Media Corp. to "Buy" from "Neutral," predicting that the company will soon take control of Sirius XM Radio Inc.

Jason Bazinet, who also backed his "Buy" rating for Sirius XM, noted that over the past few months Liberty has spent $1.4 billion to boost its stake in the satellite radio broadcaster to from 40 percent to 49.6 percent. He added that he expects the company to cross the 50 percent line later this year.

Once Liberty Media has a 50 percent stake in Sirius, Bazinet said it's likely that Sirius will begin a $3 billion stock buyback program that will allow Liberty to largely recoup its $1.4 billion investment while keeping a 50 percent stake in Sirius.

Meanwhile, Bazinet expects Sirius' stock should rise to $3 per share over the next 12 months, boosting value for Liberty. In light of that, Bazinet boosted Sirius' price target by 50 cents to $3 and Liberty's by $27 to $121.

The Englewood, Colo.-based conglomerate controlled by cable TV magnate John Malone saved Sirius from near-bankruptcy in 2009 by agreeing to lend it up to $530 million in exchange for preferred stock.

This year, Liberty has been steadily increasing its ownership of Sirius as part of its plans to take control of the company.

In premarket trading, Sirius shares rose 7 cents, or 2.5 percent, to $2.63, while Liberty shares were unchanged at $104.77.

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Citi analyst boosts Liberty Media rating to "Buy"

There will be an interesting speaker at Liberty Media's (Nasdaq: LMCA) annual investor meeting next week.

Mel Karmazin -- Sirius XM Radio's (Nasdaq: SIRI) opinionated CEO -- will be a presenter at the Oct. 10 powwow.

The move makes sense at first. Liberty Media is nearing majority control of the satellite radio provider. It's simply a matter of time before John Malone's eclectic media conglomerate bumps its stake in the satellite radio provider above 50%, a move that will likely result in a shareholder spinoff. If Liberty Media wants to get its investors excited about the appendage, having Karmazin sell them on Sirius XM's potential is smart. If Karmazin doesn't want to see Sirius XM's stock take a hit after the spinoff, it's in his best interest to encourage Liberty Media investors to hold on to their eventual shares.

Karmazin speaking at the meeting makes sense for both sides. However, weren't the two factions in a war of words just last month?

Karmazin started things up recently.

"My instincts today are that Liberty does not need me at the company," he said at an investor conference three weeks ago, pointing out that he has historically been expensive to keep.

Karmazin's current deal as Sirius XM's CEO ends this year, and there has been no public chatter as to where things stand in terms of negotiating an extension.

"It's very clear to me that if I were Liberty, I would sit there and say, 'I'm not sure we need Mel.'"

Liberty Media CEO Greg Maffei seemed to agree a week later.

"The business will not fail without Mel," Maffei said at a different investor conference. "Graves are full of replaceable people."

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Sirius XM and Liberty Media Play Nice

Sometimes extremely visible parts of our landscape become almost invisible to our eyes, as we drive past them daily. Over many seasons and many years, we tend to take our landmarks for granted.

Orlando's miniature Statue of Liberty offers just one example. Perched on a pedestal across from Lake Ivanhoe, Lady Liberty holds her torch aloft as drivers zoom by her on their way to Interstate 4.

She stands at North Magnolia and North Orange avenues and gets noticed mostly during the pro basketball season, when she's occasionally adorned in an Orlando Magic jersey.

But the statue didn't escape the curiosity of reader Patricia Lockwood of Orlando. It's been there ever since she could remember, Lockwood wrote in a recent email 20 years at least, she thought.

"When was it put there?" Lockwood asked. How did it come about?

Looking good at almost 60

Part of the story appears on a plaque near the statue, and it was fun to find other tidbits in Sentinel files and in Steve Rajtar's "Guide to Historic Orlando" (The History Press, 2006).

Our Lady Liberty, all 8 feet 4 inches of her, has watched over her busy intersection for almost 60 years. She was dedicated Nov. 11, 1953 years before Interstate 4 came through Orlando in the early 1960s.

The statue was one of about 200 such replicas installed across the nation in the 1950s through a Boy Scout program called "Strengthening the Arm of Liberty," Rajtar writes. The program was part of the Scouts' 40th anniversary celebrations.

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Nearing 60, Lady Liberty stands where big orange once loomed

MODESTO, Calif., Oct. 1, 2012 (GLOBE NEWSWIRE) -- Liberty Creek Vineyards and GRAMMY(R)-nominated country artist David Nail have partnered with Operation Gratitude to help servicemen and servicewomen this holiday season with "Tunes for Troops," a program that provides music for care packages to U.S. troops serving overseas. The program kicks off in October and will run through the end of the year. To express their gratitude, Liberty Creek Vineyards will:

"Here at Liberty Creek Wines, we want our troops to know that we appreciate the sacrifices they are making each and every day, especially during the holiday season," says Will Purvis, Brand Manager, Liberty Creek Vineyards. "It's our privilege to partner with Operation Gratitude and David Nail, to help provide some holiday cheer during a difficult time to be away from loved ones."

"I'm honored to be a part of Liberty Creek's Operation Gratitude program," said David Nail when asked about his participation in the program. "It is humbling and inspiring that my music can be a part of sending care packages to the troops."

Operation Gratitude sends care packages and letters personally addressed to U.S. Service Members, including those who have been wounded while they are recovering in transition units.

"We are delighted to receive this support from Liberty Creek Wines and David Nail, and we believe the CDs will make our care packages even more meaningful," says Carolyn Blashek, Founder of Operation Gratitude. "Country music speaks to themes that reinforce the simple pleasures in life--home, friends, family and loved ones, which can be comforting to a Service Member who is far from home, especially during the holidays."

For more information about Liberty Creek Wines and their program to support Operation Gratitude, please visit http://www.LibertyCreekWine.com

Media Contact: Mary Healy, Source Marketing, 203.682.0910 or healy@source-marketing.com

About Liberty Creek Wine

The heritage of Liberty Creek Vineyards is rooted in the rich soils of California, where our grapes are carefully selected for their quality and authentic varietal character. Liberty Creek offers eight great-tasting and affordable wines in a vibrant, fruit-forward portfolio: Chardonnay, Merlot, Cabernet Sauvignon, White Zinfandel, Sweet Red, Pinot Grigio, Pinot Noir, and New Chocolate Red Wine. We support those who find value in tradition, yet stay true to themselves!

For more information about Liberty Creek, please visit http://www.libertycreekwine.com

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Liberty Creek Vineyards and Grammy(R)-Nominated Country Artist David Nail Team up to Support Operation Gratitude