Gold Recommendations

The Gold Report Interview with Oliver Gross (10/27/14) "TGM belongs to a small and very exclusive circle of gold developers, those which own a fully permitted and fully financed high-margin gold project."

The Gold Report Interview with Oliver Gross (10/27/14) "RD's San Ramon deposit has amazing economics."

The Gold Report Interview with Oliver Gross (10/27/14) "PLG's managers and geologists are some of the best in the industry."

The Gold Report Interview with Oliver Gross (10/27/14) "GSV has successfully consolidated a large land package and proved close to 1.5 Moz in very lucrative, exposed oxide deposits."

The Gold Report Interview with Oliver Gross (10/27/14) "CNL's Buriticá gold project is already world class and could be a cornerstone asset for any large gold producer."

The Gold Report Interview with Oliver Gross (10/27/14) "CGT is indeed a very attractive takeover target."

Pretium Resources Inc.

Ash Guglani, Salman Partners (10/22/14) "PVG's drill program confirmed grade and continuity of gold mineralization."

Pilot Gold Inc.

Dan Rollins, RBC Capital Markets (10/22/14) "PLG's Colombaz delivers another hit at TV Tower."

Pretium Resources Inc.

Ovais Habib, Scotia Capital (10/22/14) "PVG remains well funded for planned exploration and development activities."

True Gold Mining Inc.

Andrew Mikitchook, Edgecrest Capital (10/22/14) "The North Kao PEA extends the mine life of TGM's Karma by 2.5 years."

Victoria Gold Corp.

Jamie Keech, CEO.CA (10/22/14) "With a water license pending, VIT is poised for construction."

Pilot Gold Inc.

Tara Hassan, Haywood Securities (10/22/14) "PLG announced the third gold-rich porphyry at TV Tower, Columbaz."

Exeter Resource Corp.

Prudent Finances, Seeking Alpha (10/21/14) "XRA has a large resource, lots of cash with no debt and a more feasible plan."

True Gold Mining Inc.

Ovais Habib, Scotia Capital (10/21/14) "We rate TGM Sector Outperform and have increased our one-year target price."

Jonathan Guy, RBC Capital Markets (10/21/14) "The PEA for the North Kao deposit at TGM's Karma is value accretive."

Teresa Matich, Resource Investing News (10/21/14) "TGM's North Kao PEA indicates an excellent after-tax IRR of 213%."

Klondex Mines Ltd.

Derek Macpherson, M Partners (10/21/14) "KDX's Q3/14 production results came in ahead of our estimates."

Pershing Gold Corp.

Peter Epstein, Seeking Alpha (10/21/14) "PGLC's equity raise leaves it close to fully funded to production."

Franco-Nevada Corp.

The Gold Report Interview with John Ciampaglia (10/20/14) "FNV is overweighted in the index because it has zero debt."

Klondex Mines Ltd.

Derek Macpherson, M Partners (10/20/14) "Continued operational execution should see KDX's stock begin trading at a premium to its peers."

Guyana Goldfields Inc.

Trevor Turnbull, Scotia Capital (10/20/14) "Construction at GUY's Aurora is now 40% complete."

Andrew Kaip, BMO Capital Markets (10/20/14) "GUY's project finance facility will support commissioning Aurora by mid-2015."

Klondex Mines Ltd.

Frank Holmes, U.S. Global Investors (10/20/14) "KDX has a higher profit margin than companies two to three times its size."

Timmins Gold Corp.

Stuart McDougall, Jennings Capital (10/20/14) "We are upgrading our recommendation for TMM from Sell to Buy."

Guyana Goldfields Inc.

Teresa Matich, Resource Investing News (10/20/14) "Development and construction of GUY's Aurora now are fully funded."

Eagle Hill Exploration Corp.

Haywood Securities (10/20/14) "PEA work for EAG's Windfall Lake is underway for Q1/15 completion."

Integra Gold Corp.

Francois Riverin, La Presse (10/20/14) "ICG's PEA suggests the feasibility of exploiting 112,400 oz/year gold."

Timmins Gold Corp.

Joseph Fazzini, Dundee Capital Markets (10/17/14) "TMM should keep generating positive free cash flow despite a weak gold price."

Philip Ker, PI Financial (10/17/14) "TMM's recovery rates of 74% in Q3/14 beat our expectation of 68%."

Probe Mines Limited

Michael Gray, Macquarie Capital Markets (10/17/14) "PRB is one of our top exploration and developer picks."

Timmins Gold Corp.

Derek Macpherson, M Partners (10/17/14) "We continue to expect positive full-year 2014 free cash flow from TMM."

Andrew Kaip, BMO Capital Markets (10/17/14) "TMM should be able to meet the upper end of full-year production guidance."

Argonaut Gold Inc.

Ovais Habib, Scotia Capital (10/17/14) "We believe AR has set itself up to deliver very strong Q4/14 results."

Richmont Mines Inc.

The Gold Report Interview with Jeff Wright (10/15/14) "RIC just raised its annual guidance from 75–85 Koz to 85–90 Koz by mining deeper into a higher-grade area."

Pretium Resources Inc.

The Gold Report Interview with Jeff Wright (10/15/14) "PVG has done a very good job managing the Brucejack project."

Gold Standard Ventures Corp.

The Gold Report Interview with Jeff Wright (10/15/14) "GSV has successfully consolidated the Railroad Pinion project."

Continental Gold Ltd.

Jeff Killeen, CIBC World Markets (10/15/14) "CNL's drill results suggest Buritica's total size will grow and grades could improve."

SilverCrest Mines Inc.

Philip Ker, PI Financial (10/15/14) "SVL is a compelling investment with low costs in a weakened metal price environment."

Alkane Resources Ltd.

Tom Hayes, Edison Investment Research (10/15/14) "ALK's Tomingley gold operations continue to outperform."

Argonaut Gold Inc.

Ovais Habib, Scotia Capital (10/15/14) "We believe AR has set itself up to deliver very strong fourth quarter results."

SilverCrest Mines Inc.

Joe Reagor, ROTH Capital Partners (10/15/14) "SVL's higher-than-expected recovery rates and residual leaching led to the beat."

Mandalay Resources Corp.

Craig Foggo, RFC Ambrian (10/15/14) "MND reported an all-time quarterly production record for gold, antimony and Au eq."

Soltoro Ltd.

The Mining Report Interview with John Kaiser (10/14/14) "SOL has both an existing resource demonstrating feasibility at the prevailing metal prices and exploration potential for the future."

Probe Mines Limited

The Mining Report Interview with John Kaiser (10/14/14) "Even though we are in a very dismal financing market, PRB was able to raise $26M of flow-through money."

Exeter Resource Corp.

The Mining Report Interview with John Kaiser (10/14/14) "XRA's gold-copper Caspiche deposit has been modeled for multiple mining scenarios."

Clifton Star Resources Inc.

The Mining Report Interview with John Kaiser (10/14/14) "CFO would definitely benefit from gold jumping back through $1,500/oz."

Continental Gold Ltd.

Jamie Spratt, Clarus Securities (10/14/14) "CNL's Buriticá project is one of the best development opportunities today."

Timmins Gold Corp.

Joseph Fazzini, Dundee Capital Markets (10/14/14) "TMM is well positioned to weather the weakened gold price."

Galane Gold Ltd.

Teresa Matich, Resource Investing News (10/14/14) "GG took an unorthodox approach, only using its operating cash flow to make improvements and extend mine life."

Continental Gold Ltd.

Ben Kramer-Miller, Seeking Alpha (10/14/14) "CNL's drill program at Buritica proved successful."

Mandalay Resources Corp.

Mike Parkin, Desjardins Securities (10/14/14) "MND reported record production of 39.021 Koz Au eq in Q3/14."

Vista Gold Corp.

The Gold Report Interview with Adrian Day (10/13/14) "VGZ's flagship property, Mt. Todd in Australia, is excellent."

Virginia Mines Inc.

The Gold Report Interview with Adrian Day (10/13/14) "VGQ has strong, competent, honest and disciplined management, and a very solid balance sheet."

Pretium Resources Inc.

The Gold Report Interview with Adrian Day (10/13/14) "PVG has given us many good opportunities for profits."

Mandalay Resources Corp.

The Gold Report Interview with Adrian Day (10/13/14) "MND pays a 3.5% dividend, which people like."

Franco-Nevada Corp.

The Gold Report Interview with Adrian Day (10/13/14) "FNV is stable and is available at a good price."

Almaden Minerals Ltd.

The Gold Report Interview with Adrian Day (10/13/14) "AMM's balance sheet is great."

Trevali Mining Corp.

Ben Kramer-Miller, Seeking Alpha (10/13/14) "TV reported strong Q3/14 production and increased its 2014 guidance."

Red Eagle Mining Corp.

Thibaut Lepouttre, Caesars Report (10/13/14) "RD's Santa Rosa is a perfect fit for investors looking for low-capex and high-margin projects."

Fortuna Silver Mines Inc.

Benjamin Asuncion, Haywood Securities (10/10/14) "FVI's expansion studies at San Jose continue toward a decision by year-end."

Graeme Jennings, Cormark Securities (10/10/14) "We are upgrading our recommendation on FVI from Market Perform to Buy."

Richmont Mines Inc.

Kevin Chiew, CIBC World Markets (10/10/14) "RIC's Q3/14 production of 23,187 oz gold beat our 17 Koz estimate."

Hard Asset Investments, Seeking Alpha (10/10/14) "The news of RIC's greater Q3/14 production levels is very positive."

Integra Gold Corp.

Thibaut Lepouttre, Caesars Report (10/10/14) "ICG has acquired the Sigma-Lamaque mill on the cheap."

Killian Charles, Industrial Alliance Securities (10/10/14) "The new mill allows ICG to decrease capex and opex from its PEA."

Mason Graphite Inc.

Daniel Greenspan, Macquarie Capital Markets (10/9/14) "LLG's infill drill results highlight the continuity of mineralization within the existing resource at a consistently high grade."

Midland Exploration Inc.

Eric Lemieux, PearTree Securities Inc. (10/9/14) "MD's new land is the latest addition to its growing portfolio of diverse commodity projects."

Klondex Mines Ltd.

Derek Macpherson, M Partners (10/9/14) "KDX released excellent results from Fire Creek."

NOVAGOLD

John Bridges, J.P. Morgan (10/9/14) "We expect Alaska to be supportive of the development of NG's Donlin."

Almaden Minerals Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/9/14) "Once the precious metals markets find their legs, AMM should be among the earliest movers."

Balmoral Resources Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/9/14) "I continue to be encouraged by BAR's drill results."

Columbus Gold Corp.

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/9/14) "Thanks to the recent financing, CGT has the money to focus on developing its Eastside discovery."

Lion One Metals Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/9/14) "The high grades should make LIO's Tuvatu a very profitable mine."

Franco-Nevada Corp.

The Gold Report Interview with David Morgan (10/8/14) "FNV's largest and most valuable stream comes on-line with First Quantum Minerals' Cobre Panama copper production start in 2018."

Exeter Resource Corp.

Hebba Investments, Seeking Alpha (10/8/14) "XRC's Caspiche is rare in that it offers an acquirer great development options for a low price."

Integra Gold Corp.

Itinerant, Seeking Alpha (10/8/14) "ICG has transformed from an exploration play into a near-term producer."

Franco-Nevada Corp.

Don Maclean, Paradigm Capital (10/8/14) "The Candelaria stream will add 20% to FNV's cash flow over the next five years."

Balmoral Resources Ltd.

Eric Lemieux, PearTree Securities Inc. (10/8/14) "BAR's drill results at Bug Lake attest to a certain robustness of zones and include bonanza grade intercepts."

Timmins Gold Corp.

The Mining Report Interview with Derek Macpherson (10/7/14) "We continue to prefer lower-risk, high-margin names like TMM."

Marlin Gold Mining Ltd.

The Mining Report Interview with Derek Macpherson (10/7/14) "MLN has relatively high grades, so the cash costs should be on the lower side longer term."