Gold Recommendations

Pretium Resources Inc.

Joe Reagor, ROTH Capital Partners (4/12/18) "PVG is poised to meet H1/18 guidance of 150200 Koz gold."

Andrew Kaip, BMO Capital Markets (4/11/18) "PVG delivered Q1/18 production that was above our expectations."

Andrew Kaip, BMO Capital Markets (4/11/18) "Moving to reserve grade in H2/18 is a primary objective for PVG."

Liberty Gold Corp.

Mick Carew, Haywood Securities (4/11/18) "Recent results from LGD's Black Pine expanded historical results."

Allegiant Gold Ltd.

James Kwantes, Resource Opportunities (4/11/18) "AUAU's chances of discovery at one or multiple properties are good."

Michael Curran, Beacon Securities Ltd. (4/10/18) "We are initiating coverage on AUAU with a Buy rating; we consider the company's shares to be an attractive investment for exploration success."

Liberty Gold Corp.

Mick Carew, Haywood Securities (4/2/18) "LGD is looking to either divest or spin out its Turkish assets."

Klondex Mines Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (4/1/18) "The KDX-Hecla deal is valued at $462M."

Allegiant Gold Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (4/1/18) "AUAU won't lack for news flow any time soon."

Gold Standard Ventures Corp.

RBC Capital Markets (3/26/18) "GSV's 2018 exploration program is budgeted at 74,800m of drilling."

Revival Gold Inc.

RBC Capital Markets (3/26/18) "A resource update on RVG's Beatrack is expected in Q2/18."

Pershing Gold Corp.

RBC Capital Markets (3/26/18) "PGLC has received all necessary permits for Phase 1 at Relief Canyon."

Victoria Gold Corp.

RBC Capital Markets (3/26/18) "VIT completed a CA$500M financing package including $225M in debt, CA$98M royalty financing and CA$125M private placement."

Klondex Mines Ltd.

Jamie Spratt, Clarus Securities (3/20/18) "An acquisition by Hecla is positive for KDX shareholders."

Don Blyth, Paradigm Capital (3/20/18) "KDX's board supports Hecla's bid to acquire the company."

Philip Ker, PI Financial (3/19/18) "KDX's Canada-based assets will be spun out to existing shareholders."

Jake Sekelsky, ROTH Capital Partners (3/19/18) "We view KDX's spinout as additional upside for existing shareholders."

Jamie Spratt, Clarus Securities (3/16/18) "Stronger execution in 2018 should see KDX's stock rerate."

Jefferson Research (3/16/18) "KDX is showing strong earnings quality and cash flow quality."

NOVAGOLD Resources Inc.

Jefferson Research (3/16/18) "NG's quality of net income earnings is extremely high."

Klondex Mines Ltd.

Steve King, M Partners (3/15/18) "KDX's Q4/17 revenue came in at $63M, above our estimate of $57M."

Jake Sekelsky, ROTH Capital Partners (3/15/18) "KDX issued 2018 production guidance of 186202 Koz gold equivalent."

Pretium Resources Inc.

Joe Reagor, ROTH Capital Partners (3/12/18) "PVG's Q4/17 revenue of $107.1M was above our estimate of $90.8M."

Victoria Gold Corp.

Gary Sidhu, PI Financial (3/12/18) "We now see VIT as fully financed to develop Eagle to production."

Don Blyth, Paradigm Capital (3/9/18) "VIT announced a ~$500M financing package for construction of Eagle."

Ryan Walker, Echelon Wealth Partners (3/8/18) "VIT arranged a financing package worth up to as much as $505M."

Pretium Resources Inc.

Andrew Kaip, BMO Capital Markets (3/8/18) "PVG's Q4/17 operating and free cash flow were ahead of our estimates."

Allegiant Gold Ltd.

Byron King, Gold Speculator (3/8/18) "AUAU extended the mineralized zone at Eastside by a longshot of 300m."

Nick Hodge, Outsider Club (3/7/18) "AUAU has a suite of projects in Nevada it will be drilling this year."

Aben Resources Ltd.

Rick Mills, Ahead of the Herd (3/3/18) "Drilling is expected to begin on ABN's Chico property on March 9."

Revival Gold Inc.

Brian Szeto, PI Financial (3/2/18) "We anticipate an NI 43-101 resource on RVG's Beartrack by mid-2018."

TerraX Minerals Inc.

Brien Lundin, Gold Newsletter (Jefferson Financial) (3/1/18) "TXR's current drilling will test for the down dip and down plunge extent of the mineralization on this deposit; the work is a great example of the large base of prior work TerraX has to build on at Yellowknife City Gold."

Klondex Mines Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (3/1/18) "KDX negotiated a $10M increase in its credit facilities to $45M."

NOVAGOLD Resources Inc.

Brien Lundin, Gold Newsletter (Jefferson Financial) (3/1/18) "The assays should allow NG to advance optimization work at Donlin."

Gold Standard Ventures Corp.

Brien Lundin, Gold Newsletter (Jefferson Financial) (3/1/18) "GSV closed on a private placement to raise CA$38M for Railroad-Pinion."

Columbus Gold Corp.

Brien Lundin, Gold Newsletter (Jefferson Financial) (3/1/18) "CGT's 45% interest in Montagne d'Or is significantly undervalued."

Vista Gold Corp.

Independent Investment Research (2/26/18) "When compared with peers, VGZ is undervalued on most metrics."

Gold Standard Ventures Corp.

Joe Reagor, ROTH Capital Partners (2/26/18) "GSV plans to release an initial PEA on its Railroad-Pinion project in H2/18."

Brian Szeto, PI Financial (2/23/18) "GSV closed its equity financing; it raised an aggregate of $38.2M."

Klondex Mines Ltd.

Steve King, M Partners (2/23/18) "KDX increased its revolving credit facility by $10M, to $45M."

Guyana Goldstrike Inc.

Ron Struthers, Struthers Resource Stock Report (2/21/18) "GYA arranged a strategic investment for gross proceeds of $3.2M."

Ron Struthers, Struthers Resource Stock Report (2/15/18) "I am expecting some significant news from GYA."

Allegiant Gold Ltd.

Thibaut Lepouttre, Caesars Report (2/15/18) "2018 could be a very important year for AUAU's Eastside project."

James Kwantes, Resource Opportunities (2/11/18) "We are initiating coverage on AUAU."

Liberty Gold Corp.

Mick Carew, Haywood Securities (2/8/18) "We view the resource estimate as an important first step for LGD."

Mark Mihaljevic, RBC Capital Markets (2/8/18) "LGD's Goldstrike deposit has potential to become an economic project."

Shane Nagle, National Bank of Canada (2/8/18) "We expect LGD's 2018 drilling to support a PEA report."

Michael Gray, Macquarie Capital Markets (2/8/18) "LGD's Goldstrike maiden resource came in at 1.139 Moz at 0.54 g/t Au."

Cosmos Chiu, CIBC World Markets (2/8/18) "LGD's initial Goldstrike resource of 1.139 Moz is a solid foundation."

Allegiant Gold Ltd.

Mickey Fulp, Mercenary Geologist (2/8/18) "AUAU owns 14 drill-ready projects in the Western U.S., 11 in Nevada."

Vista Gold Corp.

Article in The Gold Report by Adrian Day (2/7/18) "Well financed, with over two years of expenses in the bank, VGZ is a strong buy."

Liberty Gold Corp.

Mick Carew, Haywood Securities (2/6/18) "LGD identified two new gold discoveries at its Goldstrike project."

Mark Mihaljevic, RBC Capital Markets (2/6/18) "Exploration results from Goldstrike are positive for LGD's shares."

Aben Resources Ltd.

Rick Mills, Ahead of the Herd (2/3/18) "ABN is a true three-trick pony for us investors to ride."

Klondex Mines Ltd.

Jake Sekelsky, ROTH Capital Partners (2/2/18) "KDX's 2017 gold equivalent production was 189,456 oz."

Gold Standard Ventures Corp.

Brien Lundin, Gold Newsletter (Jefferson Financial) (2/1/18) "Recent assays reveal GSV may be onto another deposit at Railroad."

Allegiant Gold Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (2/1/18) "AUAU, the spinout, is finally complete; trading began a few days ago."

Aben Resources Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (2/1/18) "Betting on ABN's Chico program looks like an attractive speculation."

Klondex Mines Ltd.

Steve King, M Partners (1/26/18) "KDX's final Zeus results returned multiple high-grade Au-Ag intervals."

Gold Standard Ventures Corp.

Brian Szeto, PI Financial (1/25/18) "It is becoming clear that GSV's Dark Star will be the starter pit."

Klondex Mines Ltd.

Philip Ker, PI Financial (1/19/18) "KDX expanded previous vein intercepts at the Hatter Graben target."

Revival Gold Inc.

Michael Curran, Beacon Securities Ltd. (1/19/18) "We launched coverage of RVG as a highlighted mining stock for 2018."

Pretium Resources Inc.

Joe Reagor, ROTH Capital Partners (1/19/18) "PVG's Q4/17 throughput and recovery rates were above our expectations."

Kerr Mines Inc.

Jeff Nielson, Stockhouse (1/19/18) "KER is the beneficiary of the misfortune of American Bonanza. The company acquired these assets at a liquidation price."

Revival Gold Inc.

Brian Szeto, PI Financial (1/18/18) "RVG could fast track a past-producing project back into production."

Michael Curran, Beacon Securities Ltd. (1/18/18) "We expect RVG to drill both Beartrack and Arnett Creek this year."

Gold Standard Ventures Corp.

Brian Szeto, PI Financial (1/11/18) "GSV intersected 0.89 g/t Au over 54.9m at the Jasperoid Wash target."

Pretium Resources Inc.

Andrew Kaip, BMO Capital Markets (1/11/18) "PVG continues to trade at a significant discount to the peer average."

Klondex Mines Ltd.

Jake Sekelsky, ROTH Capital Partners (1/10/18) "Fire Creek and Hollister should serve as growth drivers for KDX."

Jamie Spratt, Clarus Securities (1/8/18) "KDX's new resource estimate at Fire Creek could be a game changer."

Columbus Gold Corp.

Eric Coffin, Hard Rock Analyst (1/8/18) "CGT has started the next drill phase at Eastside."

Liberty Gold Corp.

Mick Carew, Haywood Securities (1/5/18) "Results from LGD's Black Pine confirm gold mineralization in A Basin."

Mick Carew, Haywood Securities (1/3/18) "LGD's Goldstrike hits mineralization beyond the historic open pits."

Pretium Resources Inc.

Joe Reagor, ROTH Capital Partners (1/1/18) "PVG filed an application to increase its mill throughput from 2,700 TPD to 3,800 TPD, significantly above our expectations; we view it as a major positive catalyst."

Klondex Mines Ltd.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (12/26/17) "KDX was one of the best performing gold miners during the recent downturn."

Pretium Resources Inc.

Andrew Kaip, BMO Capital Markets (12/22/17) "PVG applied to increase production rates at Brucejack to 3.8 Ktpd."

Eric Zaunscherb, Canaccord Genuity (12/22/17) "Production at PVG's Brucejack mill could move to nearly 640 Koz/year."

Pershing Gold Corp.

Rob Chang, Cantor Fitzgerald (12/20/17) "PGLC completing the equity raise removes the overhang on the stock."

Columbus Gold Corp.

Eric Coffin, Hard Rock Analyst (12/18/17) "CGT's management collectively bought over 2M shares of the company."

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/15/17) "CGT raised ~CA$4.2M for Allegiant Gold to fund continued drilling."