Gold Recommendations

Balmoral Resources Ltd.

Byron King, Gold Speculator (1/18/17) "BAR is an attractive joint venture or takeover target for larger companies."

Rye Patch Gold Corp.

Macquarie Research (1/17/17) "2016 was a transformative year for RPM via the acquisition of the near-production Florida Canyon mine and concurrently fully funding the development of the asset."

Trevali Mining Corp.

Joseph Gallucci, Dundee Capital Partners (1/17/17) "With Caribou online and cash flow positive, we believe TV is in excellent position to capture strong zinc fundamentals."

Integra Gold Corp.

Macquarie Research (1/17/17) "ICG is testing several high priority targets, which have the potential to significantly increase intermediate/senior mining company interest in the project and drive share price performance."

Columbus Gold Corp.

Byron King, Gold Speculator (1/12/17) "CGT's Montagne d'Or project is subject to a near-term, major resource revision—almost certainly upward—in March from a well-regarded partner, Nord Gold."

Asanko Gold Inc.

Nana Sangmuah, Clarus Securities (1/12/17) "We believe AKG would be a coveted asset in any of the majors' asset portfolios."

Chris Thompson, Raymond James (1/11/17) "AKG reported Q4/16 production of 57 Koz, which compares favorably with our estimate."

Balmoral Resources Ltd.

Philip Ker, PI Financial (1/11/17) "BAR has the opportunity to continue expanding its known zones of mineralization and possibly make additional discoveries."

Integra Gold Corp.

Stuart McDougall, M Partners (1/11/17) "We continue to expect ICG's Triangle resource to be expanded and upgraded in the next updated estimate."

Klondex Mines Ltd.

David Morgan, The Morgan Report (1/10/17) "Organic growth from Fire-Creek, Midas and True North should support KDX's growth through the end of the decade."

Guyana Goldfields Inc.

Jamie Spratt, Clarus Securities (1/10/17) "Our thesis is that GUY provides a rare combination of a high margin, long life asset, gold price optionality and M&A potential."

Pershing Gold Corp.

Heiko Ihle, Rodman & Renshaw (1/10/17) "PGLC's Relief Canyon is primed for production and we expect it will be one of the next projects to enter production in Nevada."

Pilot Gold Inc.

Michael Gray, Macquarie Equity Research (1/10/17) "The large corridor of gold mineralization at PLG's Goldstrike is the expression of a major system with potential for both oxide and sulphide deposits."

Columbus Gold Corp.

Michael Curran, Beacon Securities Ltd. (1/10/17) "We view CGT as an attractive speculative play for development success in French Guiana, with investors receiving exploration success potential in Nevada for free."

Integra Gold Corp.

Michael Gray, Macquarie Equity Research (1/10/17) "ICG offers a deep exploration and development catalyst pipeline, a strong Quebec address with high grades, and scalability potential."

Victoria Gold Corp.

Byron King, Gold Speculator (1/10/17) "With VIT, the big payday is just a question of time and patience."

Pretium Resources Inc.

Byron King, Gold Speculator (1/10/17) "PVG offers bonanza-grade gold potential, moving toward production in 2017."

Pershing Gold Corp.

Bhakti Pavani, Euro Pacific Capital (1/10/17) "PGLC has successfully grown its land package and resource base by over 500%."

Byron King, Gold Speculator (1/10/17) "This past year, PGLC's drilling confirmed high-grade mineralization to the west of known resources."

Gold Standard Ventures Corp.

Byron King, Gold Speculator (1/10/17) "GSV is among the most promising explorers out there."

Pretium Resources Inc.

Andrew Kaip, BMO Capital Markets (1/9/17) "We are initiating coverage of PVG with an Outperform Speculative rating supported by relative valuation, asset quality, development stage, financing level, and safe haven status."

Tahoe Resources Inc.

Michael Gray, Macquarie Equity Research (1/9/17) "At THO's Shahuindo, we are encouraged that near mine and satellite targets that are mainly hosted by sandstone have yielded potentially positive results for expansion."

Guyana Goldfields Inc.

Stuart McDougall, M Partners (1/9/17) "GUY released Q4/16 operational results, reporting production of 43,800 oz gold, beating our estimates by 14%."

Red Eagle Mining Corp.

Ivan Lo, Equedia Letter (1/8/17) "R will have lots of exploration results coming, which could help boost share prices even if gold trades sideways."

Tahoe Resources Inc.

Michael Gray, Macquarie Equity Research (1/8/17) "We expect increased catalyst news flow for THO through 2017."

Adamera Minerals Corp.

Eric Coffin, HRA Journal (1/8/17) "ADZ has received the raw data from the airborne survey; there are a number of strong anomalies in places where ADZ was hoping to see them."

Tahoe Resources Inc.

Chris Thompson, Raymond James (1/6/17) "For THO, 2017 should be looked upon as a bridge year in preparation for consolidated gold production growth in 2018."

Victoria Gold Corp.

James Kwantes, Resource Opportunities (1/5/17) "VIT's Eagle gold project is shovel-ready, with all permits in hand and an agreement with the local First Nations."

Terraco Gold Corp.

The Critical Investor (1/4/17) "TEN's hire of Paul Zink as a consultant and advisor could be a game changer for the company."

Balmoral Resources Ltd.

The Critical Investor (12/30/16) "At BAR's Martiniere, the combination of high-grade near-surface mineralization and decent grade underground mineralization will most likely provide a substantial, economic operation."

Red Eagle Mining Corp.

Independent Investment Research (12/28/16) "Construction of R's 100%-owned Santa Rosa Gold project in Colombia is on track to be completed on time and on budget."

Balmoral Resources Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/27/16) "BAR's Martiniere continues to look enticing as a gold exploration and discovery story."

Klondex Mines Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/27/16) "KDX has a legitimate shot to vault itself into the ranks of mid-tier gold producers."

Columbus Gold Corp.

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/27/16) "I urge you to take advantage of any market-induced weakness to buy CGT in advance of the feasibility study."

Great Panther Silver Limited

Heiko Ihle, Rodman & Renshaw (12/21/16) "GPR's Coricancha purchase is a low-risk way to significantly add to Great Panther's consolidated production profile."

TerraX Minerals Inc.

Gwen Preston, Resource Maven (12/21/16) "TXR made good progress this summer, defining three trends at Sam Otto and expanding Mispickel significantly."

Red Eagle Mining Corp.

Gwen Preston, Resource Maven (12/21/16) "R's story offers rerating potential as it gets recognized as a producer."

Integra Gold Corp.

Gwen Preston, Resource Maven (12/21/16) "ICG is a takeout target."

Red Eagle Mining Corp.

Thibaut Lepouttre, Caesars Report (12/21/16) "R is in the final stages of commissioning the San Ramon gold mine in Colombia."

Pretium Resources Inc.

Byron King, Gold Speculator (12/20/16) "PVG offers bonanza-grade gold potential, its project is de-risked and management is outstanding."

Victoria Gold Corp.

Byron King, Gold Speculator (12/20/16) "VIT is among the most advanced, bulldozer-ready gold mining projects anywhere in the world."

Golden Arrow Resources Corp.

Byron King, Gold Speculator (12/20/16) "When precious metal prices head back upward, GRG offers significant upside for gold and silver."

Gold Standard Ventures Corp.

Byron King, Gold Speculator (12/20/16) "With an outstanding land package along the prolific Carlin Trend of central Nevada, GSV is among the most promising explorers out there."

Balmoral Resources Ltd.

Byron King, Gold Speculator (12/20/16) "BAR released more strong drill results from Bug Lake and is an attractive joint venture or takeover target."

Integra Gold Corp.

BMO Capital Markets (12/19/16) "ICG's Lamaque project has a relatively fast start-up with production from an existing permitted mill potentially expected in 2018."

Alkane Resources Ltd.

Tom Hayes, Edison Investment Research (12/19/16) "ALK's revised two-stage development concept underlines the continuing commitment to build out its flagship diversified rare metals and chemicals project."

MAG Silver Corp.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (12/19/16) "MAG has the highest-grade silver mine in the world and is fully funded to production."

GFG Resources Inc.

Michael Gray, Macquarie Equity Research (12/18/16) "Buy GFG for significant Tier One, +20 Moz Au district discovery potential."

TerraX Minerals Inc.

Thibaut Lepouttre, Caesars Report (12/16/16) "All signs are pointing in the direction of TXR sitting on an entire district."

Columbus Gold Corp.

Thibaut Lepouttre, Caesars Report (12/16/16) "CGT's Eastside resource seems to be quite robust."

Pretium Resources Inc.

Heiko Ihle, Rodman & Renshaw (12/16/16) "Construction at PVG's Brucejack has continued to progress without major hiccups—an impressive accomplishment on management's part."

Terraco Gold Corp.

James Kwantes, Resource Opportunities (12/16/16) "TEN is an under-the-radar gold royalty company whose flagship asset is a valuable 1-3% royalty on Waterton's Spring Valley gold project in Nevada."

Alkane Resources Ltd.

Tom Hayes, Edison Investment Research (12/15/16) "ALK's TGO gold mine contributed toward the company's year-end cash position of A$24.6m and pre-tax profit of A$14.3m."

Silver Wheaton Corp.

Charles Gibson, Edison Investment Research (12/15/16) "SLW's shares are trading on near-term financial ratios that are cheaper than those of its royalty/streaming peers."

Pretium Resources Inc.

Eric Zaunscherb, Canaccord Genuity (12/15/16) "We are maintaining our Speculative Buy rating on PVG."

Joe Reagor, ROTH Capital Partners (12/15/16) "Proven and probable reserves at PVG's Brucejack increased from 6.9 Moz in the June 2014 feasibility study to 8.1 Moz."

Jeff Killeen, CIBC World Markets (12/15/16) "PVG's reserve update implies our life-of-mine model will increase by more than two years; we continue to rate it an Outperformer."

Trevali Mining Corp.

Pierre Vaillancourt, Laurentian Bank Securities (12/15/16) "We are encouraged by the production at TV's Caribou project, supported by ongoing performance at Santander."

TerraX Minerals Inc.

Gwen Preston, Resource Maven (12/14/16) "The Sam Otto program is making TXR believe the area is one large mineralized system."

Integra Gold Corp.

Gwen Preston, Resource Maven (12/14/16) "ICG is raising $7M by selling super flow-through shares at $1 apiece; the funds will all go toward surface drilling."

Columbus Gold Corp.

James Kwantes, Resource Opportunities (12/13/16) "CGT has a Nevada discovery pioneer running its exploration programs in one of the world's best gold mining jurisdictions."

Balmoral Resources Ltd.

Philip Ker, PI Financial (12/12/16) "We believe it's time again for investors to begin buying BAR."

Seabridge Gold Inc.

Mike Kozak, Cantor Fitzgerald (12/12/16) "SEA's KSM ranks as the largest undeveloped mining project globally; we are initiating coverage with a Speculative Buy recommendation."

Columbus Gold Corp.

James Kwantes, Resource Opportunities (12/11/16) "CGT is an undervalued, catalyst-rich junior with a development project in French Guiana and exploration programs in Nevada."

Integra Gold Corp.

Gwen Preston, Resource Maven (12/7/16) "ICG's development work is advancing well."

Pilot Gold Inc.

Gwen Preston, Resource Maven (12/7/16) "PLG continues to advance its Goldstrike project in Utah, adding up to a nice zone of mineralization."

TerraX Minerals Inc.

Gwen Preston, Resource Maven (12/7/16) "TXR hardly needs another target, given that there are so many areas of interest at the Yellowknife City Gold project."

Red Eagle Mining Corp.

Gwen Preston, Resource Maven (12/7/16) "If you want to bet on Colombia, a good way is to bet on the R team; they have some of the best know-how and credibility in the country."

Silver Wheaton Corp.

The Gold Report Article by Adrian Day (12/5/16) "SLW is my favorite way to gain exposure to silver."

Asanko Gold Inc.

Geordie Mark, Haywood Securities (12/5/16) "We see AKG as a growing gold producer through the staged expansion of the Asanko gold mine."

Columbus Gold Corp.

Michael Curran, Beacon Securities Ltd. (12/5/16) "We view CGT as an attractive speculative play for development success in French Guiana, with investors receiving exploration success potential in Nevada for free."

TerraX Minerals Inc.

Ryan Walker, Echelon Wealth Partners (12/2/16) "TXR's Dave's Pond structure forms part of the much larger and highly prospective Sam Otto target area."

Integra Gold Corp.

Thibaut Lepouttre, Caesars Report (12/2/16) "ICG's drill holes aimed at the C5 structure have actually confirmed there's considerable potential to increase the resources even further."

Stuart McDougall, M Partners (11/29/16) "ICG's drill results further support our expectations for growth in the scheduled resource update."

George Topping, Industrial Alliance Securities (11/29/16) "ICG's exploration into the deeper reaches of the former Lamaque mine and the shallow areas of the former Sigma mine adds "Blue Sky" excitement."

Kerry Smith, Haywood Securities (11/29/16) "High-grade gold intercepts continue to be identified between ICG's C1 and C2 Splay Structures."

Golden Arrow Resources Corp.

Gecko Research (11/28/16) "We love the GRG story and we are just a few months away from finding out what the deal on Chinchillas will look like."

Integra Gold Corp.

George Topping, Industrial Alliance Securities (11/28/16) "We are initiating coverage on ICG; its project location, size and infrastructure make it an attractive asset in a consolidating industry."

Alkane Resources Ltd.

Tom Hayes, Edison Investment Research (11/24/16) "ALK has maintained its current FY17 production guidance of 65-72koz Au at an AISC of production of A$1,200/oz to A$1,300/oz."

Asanko Gold Inc.

Chris Thompson, Raymond James (11/24/16) "AKG's Asanko mine's near-term production potential and Phase 2A expansion plan rank as the paramount near-term value drivers."