Silver Recommendations

Tahoe Resources Inc.

The Gold Report Interview with Geordie Mark (2/11/16) "THO's Lake Shore Gold acquisition would seem perfectly timed as that company has matured its operations to deliver lower cost production that would augment Tahoe's production base."

Gwen Preston, Resource Maven (2/10/16) "THO's takeover of Lake Shore Gold will boost its jurisdictional appeal."

Chris Thompson, Raymond James (2/9/16) "The addition to THO of Lake Shore's asset base should be welcomed."

Silver Wheaton Corp.

Ben Kramer-Miller, miningWEALTH (2/9/16) "SLW's cash flow is robust even in a low metal price scenario."

Tahoe Resources Inc.

Ben McEwen, CIBC World Markets (2/9/16) "THO's acquisition of Lake Shore Gold brings it producing assets near Timmins, Ontario, which have been free cash flow positive for the past year."

MAG Silver Corp.

The Gold Report Interview with Joe Reagor (2/8/16) "By the middle of 2016, MAG should have all the necessary permits to break ground on construction."

Tahoe Resources Inc.

Chris Thompson, Raymond James (2/8/16) "Lake Shore adds a large high-grade, geopolitically friendly asset to THO."

Geordie Mark, Haywood Securities (2/8/16) "The acquisition of Lake Shore Gold would lower THO's overall risk profile."

Barry Allan, Mackie Research Capital (2/8/16) "Lake Shore will provide excellent political insulation for THO shareholders."

Viscount Mining Corp.

Ron Struthers, Struthers Resource Stock Report (2/5/16) "VML stock responded well to drill results from Cherry Creek showing moderate to high-grade silver mineralization."

NOVAGOLD

Jefferson Research (2/5/16) "NG's stock deserves a Buy rating."

Silver Wheaton Corp.

Hard Asset Investments, Seeking Alpha (2/3/16) "The Panoro Minerals deal is simply a no-brainer for SLW."

Tahoe Resources Inc.

The Gold Report Interview with Ralph Aldis (2/1/16) "THO's management team has a lot of experience and has maneuvered a lot of markets before."

Silver Wheaton Corp.

The Gold Report Interview with Ralph Aldis (2/1/16) "SLW's tax controversy could result in a very good entry point for some people."

Trefis (1/27/16) "SLW is the world's largest silver streaming company and its production is anticipated to increase significantly."

Tahoe Resources Inc.

Chris Thompson, Raymond James (1/26/16) "THO ranks as a premier low-cost precious metals producer that offers fully funded organic growth."

Great Panther Silver Ltd.

Bhakti Pavani, Euro Pacific Canada (1/22/16) "GPR's 2015 production was the highest in the company's history and above guidance."

David Morgan, Golden Opportunities (1/21/16) "GPR has worked consistently to increase output and reduce costs."

Falco Resources Ltd.

Haywood Securities (1/21/16) "In Q1/16 FPC is expected to release an updated resource estimate and a PEA."

Pershing Gold Corp.

Bhakti Pavani, Euro Pacific Canada (1/21/16) "PGLC will provide a resource estimate update in Q2/16."

Great Panther Silver Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (1/21/16) "Guadalupe de los Reyes could be a nice addition to GPR's production profile."

Rye Patch Gold Corp.

Brien Lundin, Gold Newsletter (Jefferson Financial) (1/21/16) "RPM is well positioned to thoroughly explore Gold Ridge, Panther Creek and its other projects."

Great Panther Silver Ltd.

Heiko Ihle, Rodman & Renshaw (1/20/16) "GPR's 2015 production, a record 4.16 Moz Ag eq, beat our estimate."

Silver Wheaton Corp.

Phil Russo, Raymond James (1/20/16) "SLW's stock price remains strong despite the tax dispute."

Klondex Mines Ltd.

Andrew Mikitchook, M Partners (1/20/16) "We are maintaining our Buy rating on KDX's stock."

Silver Wheaton Corp.

Andrew Kaip, BMO Capital Markets (1/19/16) "The CRA audit may enable SLW shares to resume trading on fundamentals."

MAG Silver Corp.

Chris Thompson, Raymond James (1/18/16) "MAG continues to rank as our top developer pick in the silver sector."

Tahoe Resources Inc.

Chris Thompson, Raymond James (1/18/16) "THO is well positioned to grow near-term value."

Chris Thompson, Raymond James (1/14/16) "Our Outperform 2 rating for THO remains unchanged."

Geordie Mark, Haywood Securities (1/12/16) "THO's current valuation provides an attractive entry point."

Klondex Mines Ltd.

Philip Ker, PI Financial (1/11/16) "KDX continues to be one of the sector darlings."

MAG Silver Corp.

Philip Ker, PI Financial (1/11/16) "MAG and its joint venture partner continue construction of Juanicipio."

Rye Patch Gold Corp.

Haywood Securities (1/8/16) "RPM's Gold Ridge assay results extended mineralization to the north."

Silver Wheaton Corp.

The Gold Report Interview with Charles Gibson (1/7/16) "SLW is a very attractive investment."

MAG Silver Corp.

Gwen Preston, Resource Maven (12/23/15) "The exploration upside at MAG's Juanicipio project is substantial."

Heiko Ihle, Rodman & Renshaw (12/16/15) "MAG met the requirement for the 55% earn-in option on Salamandra."

Balmoral Resources Ltd.

Haywood Securities (12/11/15) "BAR released good preliminary test results from the Bug Lake gold trend."

Tahoe Resources Inc.

John Bridges, J.P. Morgan (12/11/15) "We initiate coverage on THO with an Overweight rating."

MAG Silver Corp.

Kevin MacKenzie, Salman Partners (12/9/15) "Any pullback in the price of MAG is an opportunity to buy."

Tahoe Resources Inc.

Gwen Preston, Resource Maven (12/9/15) "THO pays a good dividend and produces at the lowest quartile costs."

The Gold Report Interview with Robert Mullin (12/3/15) "A company like THO will be able to take advantage of the carnage out there."

Silver Wheaton Corp.

The Gold Report Interview with Adrian Day (11/30/15) "SLW is making smart deals right now."

Almaden Minerals Ltd.

The Gold Report Interview with Bob Moriarty (11/30/15) "Buying the Rock Creek mill was an absolutely brilliant move on AMM's part."

Tahoe Resources Inc.

The Gold Report Interview with Michael Curran (11/19/15) "Our favorite precious metal producer these days is THO."

Silver Wheaton Corp.

Tony Lesiak, Canaccord Genuity (11/19/15) "SLW remains one of the highest-quality precious metals royalty names."

Tahoe Resources Inc.

Tony Lesiak, Canaccord Genuity (11/19/15) "THO's Q3/15 earnings came in better than our estimate."

Gwen Preston, Resource Maven (11/18/15) "THO has a proven history."

MAG Silver Corp.

David Sadowski, Raymond James (11/16/15) "MAG is our analyst current favorite and top precious metals developer pick."

Heiko Ihle, Rodman & Renshaw (11/16/15) "MAG's Juanicipio is one of the world's highest-grade undeveloped silver deposits."

Tahoe Resources Inc.

Michael Gray, Macquarie Capital Markets (11/13/15) "THO is building an enviable high-margin precious metals business."

Matthew O'Keefe, Dundee Capital Markets (11/13/15) "THO continues to demonstrate industry-leading cash costs at Escobal."

Geordie Mark, Haywood Securities (11/13/15) "THO's Q3/15 silver-equivalent production was in-line with our expectations."

Great Panther Silver Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (11/13/15) "GPR's Q3/15 revenues were a 31% improvement over those of Q3/14."

Tahoe Resources Inc.

The Gold Report Interview with Matt O'Keefe (11/12/15) "THO is as good as it gets because it has top management, a long-life resource at Escobal, and growth."

Argonaut Gold Inc.

Sadif Research (11/12/15) "AR has strong business growth; it rates as a good investment."

Silver Wheaton Corp.

Charles Gibson, Edison Investment Research (11/11/15) "SLW's new silver stream has caused us to increase our earnings forecasts."

Great Panther Silver Ltd.

Bhakti Pavani, Euro Pacific Canada (11/6/15) "GPR reported yet another solid quarter."

Ash Guglani, Salman Partners (11/6/15) "GPR's Q3/15 adjusted earnings per share is in-line with our estimates."

Heiko Ihle, Rodman & Renshaw (11/6/15) "GPR kept all-in sustaining costs below spot silver prices in Q3/15."

Silver Wheaton Corp.

Ash Guglani, Salman Partners (11/6/15) "We maintain our Top Pick recommendation for SLW."

MAG Silver Corp.

The Gold Report Interview with Markus Bachmann (11/5/15) "MAG Silver has a very strong joint venture partner and a lot of exploration upside."

Great Panther Silver Ltd.

Bhakti Pavani, Euro Pacific Canada (11/5/15) "GPR's cash cost and all-in sustaining cost continue to trend lower."

Silver Wheaton Corp.

Ben Kramer-Miller, miningWEALTH (11/5/15) "San Dimas, one of SLW's core assets, is rapidly growing production."

David Morgan, Silver Investor (11/4/15) "SLW's Antamina deal will increase production by 5.1 Moz Ag initially."

Cosmos Chiu, CIBC World Markets (11/4/15) "SLW announced Q3/15 results that were largely in line."

Phil Russo, Raymond James (11/4/15) "SLW continues to generate significant cash flow."

Argonaut Gold Inc.

Ryan Hanley, Mackie Research Capital (11/4/15) "AR's Q3/15 production was essentially in line with our forecast."

Rye Patch Gold Corp.

Ben Kramer-Miller, miningWEALTH (11/3/15) "We think investors overlook the potential of RPM's Lincoln Hill project."

Silver Wheaton Corp.

Andrew Kaip, BMO Capital Markets (11/3/15) "SLW's Antamina stream provides immediate cash flow and a 4.5% IRR."

Rye Patch Gold Corp.

Thibaut Lepouttre, Caesars Report (11/3/15) "RPM mobilized a rig to drill an additional 12 holes at Lincoln Hill."

Silver Wheaton Corp.

Jefferson Research (10/30/15) "SLW's operating cash flow increased in Q2/15 to $109M from $89M."

The Gold Report Interview with Marin Katusa (10/29/15) "Investors looking at the top-tier companies also have to consider the royalty streaming companies like SLW."

The Gold Report Interview with John Hathaway (10/26/15) "SLW has a very lean business model."

MAG Silver Corp.

The Gold Report Interview with John Hathaway (10/26/15) "MAG is one of the best pure silver stories out there."

Silver Wheaton Corp.

Jefferson Research (10/23/15) "SLW is showing strong earnings quality and cash flow quality."

Klondex Mines Ltd.

Tara Hassan, Haywood Securities (10/23/15) "KDX's Q3/15 production and sales beat our expectations."

Silver Wheaton Corp.

Charles Gibson, Edison Investment Research (10/22/15) "In Q2/15, SLW produced and sold record silver equivalent ounces."

Great Panther Silver Ltd.

Heiko Ihle, Rodman & Renshaw (10/15/15) "Great Panther Silver Ltd.'s third quarter gold production reached 6,079 oza record quarterly figure for the company."

Argonaut Gold Inc.

Micheal Parkin, Desjardins Securities (10/15/15) "AR's Q3/15 production results are in line with our estimate."

Great Panther Silver Ltd.

Bhakti Pavani, Euro Pacific Canada (10/15/15) "With the record production in Q3/15, we believe Great Panther Silver Ltd. is on its way to exceed the top end of its guidance range."