Silver Recommendations

Comstock Mining Inc.

Marco Rodriguez, Stonegate Capital Partners (7/21/15) "Already in FY/15, LODE met its goal of reducing expenses by $5M."

Heiko Ihle, Rodman & Renshaw (7/21/15) "LODE's management has successfully delivered on cost reductions."

Kootenay Silver Inc.

Philip Ker, PI Financial (7/17/15) "KTN is raising funds to advance its exciting La Negra discovery in Mexico."

Tahoe Resources Inc.

Jay Taylor, Gold, Energy & Tech Stocks (7/17/15) THO's upside for buyers now should be very substantial by year-end."

Great Panther Silver Ltd.

Bhakti Pavani, Euro Pacific Canada (7/15/15) "GPR's total production for the quarter was significantly ahead of our estimates.."

Primero Mining Corp.

Mike Parkin, Desjardins Securities (7/15/15) "P's Mexican import/export license could be reinstated before Aug. 5."

Silver Wheaton Corp.

Cosmos Chiu, CIBC World Markets (7/15/15) "We maintain our Q2/15 production estimate for SLW of 10.4 Moz Ag eq."

Andrew Kaip, BMO Capital Markets (7/15/15) "We expect silver deliveries to SLW to resume, positively impacting H2/15 EPS."

Brian's Test Company

Jeff Killeen, CIBC World Markets (7/14/15) "P announced that some silver revenues will be delayed due to a customs technicality."

Tahoe Resources Inc.

Andrew Kaip, BMO Capital Markets (7/13/15) "THO has a low free cash flow breakeven gold price."

MAG Silver Corp.

Heiko Ihle, Rodman & Renshaw (7/13/15) "We are assuming coverage of MAG with a Buy recommendation."

Primero Mining Corp.

Canaccord Genuity (7/10/15) "P's stock remains a Canaccord Genuity Focus List pick."

Silver Wheaton Corp.

Canaccord Genuity (7/10/15) "SLW's stock remains a Canaccord Genuity Focus List pick."

Tahoe Resources Inc.

Canaccord Genuity (7/10/15) "THO is expected to post another strong quarter from Escobal."

Great Panther Silver Ltd.

Bhakti Pavani, Euro Pacific Canada (7/10/15) "The M&I resource at GPR's Topia mine increased by 41% year over year."

Silver Wheaton Corp.

Charles Gibson, Edison Investment Research (7/9/15) "SLW has stated that it will defend its tax position vigorously."

Dan Rollins, RBC Capital Markets (7/9/15) "SLW's fundamentals will remain solid, with strong free cash flow."

Cosmos Chiu, CIBC World Markets (7/8/15) "SLW believes it is in tax compliance and intends to defend its position."

Comstock Mining Inc.

Heiko Ihle, H.C. Wainwright & Co. (7/8/15) "LODE's lower cash costs should be sustainable going forward."

Franco-Nevada Corp.

Josh Wolfson, Dundee Capital Markets (7/8/15) "FNV's risk of a historical tax audit or reassessment by CRA is very low."

Silver Wheaton Corp.

Josh Wolfson, Dundee Capital Markets (7/8/15) "With higher taxes, we view SLW share upside tipped more favorably."

Canaccord Genuity's Morning Coffee (7/8/15) "The CRA may reassess SLW's taxes; no payment is required now."

Salman Partners (7/8/15) "SLW remains one of our favorite precious metal names."

Andrew Kaip, BMO Capital Markets (7/7/15) "We expect SLW to vigorously defend its position to the CRA."

Tahoe Resources Inc.

Matthew O'Keefe, Dundee Capital Markets (7/6/15) "THO's Rio Alto acquisition adds high-margin production."

Source Exploration Corp.

Ryan Walker, Euro Pacific Canada (7/3/15) "SOP's Las Minas testing recovered up to 95% Cu, 89% Au and 84% Ag."

Great Panther Silver Ltd.

Ash Guglani, Salman Partners (7/3/15) "GPR provided an update on its planned H2/15 drill activities."

Mandalay Resources Corp.

Benjamin Asuncion, Haywood Securities (7/2/15) "MND reached an agreement with its mining union at Cerro Bayo."

Great Panther Silver Ltd.

Christopher Ecclestone, Hallgarten & Co. (7/2/15) "We added a long position in GPR to our portfolio."

Tahoe Resources Inc.

Andrew Kaip, BMO Capital Markets (6/30/15) "THO stock is a compelling opportunity for investors."

Matthew O'Keefe, Dundee Capital Markets (6/30/15) "Now, investors can focus on THO's industry-leading fundamentals."

Silver Wheaton Corp.

Dan Rollins, RBC Capital Markets (6/29/15) "SLW remains a preferred choice within our precious metal coverage universe."

MAG Silver Corp.

David Sadowski, Raymond James (6/29/15) "MAG is a likely takeout candidate."

Gwen Preston, Resource Maven (6/26/15) "There may be high-grade mineralization underneath MAG's Juanicipio project."

David Sadowski, Raymond James (6/26/15) "We see potential for MAG to double Juanicipio reserves at high grades."

Silver Wheaton Corp.

The Gold Report Interview with Rick Rule (6/25/15) "SLW takes out a lot of the operational and capital deployment risk associated with the mining business."

Alexco Resource Corp.

The Gold Report Interview with Rick Rule (6/25/15) "AXU is in the enviable position of owning the Keno Hill project, which has been in production on and off for 110 years."

Silver Wheaton Corp.

Charles Gibson, Edison Investment Research (6/25/15) "In Q1/15 SLW's Ag eq production exceeded 10 Moz."

MAG Silver Corp.

Michael Gray, Macquarie Capital Markets (6/24/15) "MAG's Juanicipio JV is one of the world's best undeveloped precious metal assets."

Tahoe Resources Inc.

The Gold Report Interview with Geordie Mark (6/18/15) "THO has come close to doubling Ag eq production as a result of the merger with Rio Alto."

Geordie Mark, Haywood Securities (6/16/15) "Goldcorp's sale of THO shares provides clarity on future acquisitions by THO."

Silver Wheaton Corp.

The Gold Report Interview with Michael Berry (6/15/15) "SLW is a great buy right now."

MAG Silver Corp.

Michael Gray, Macquarie Capital Markets (6/15/15) "MAG's Valdecanas vein has 'stacked' bonanza-grade zones."

Kootenay Silver Inc.

Philip Ker, PI Financial (6/15/15) "KTN's La Negra discovery amplifies the potential of the district."

MAG Silver Corp.

David Sadowski, Raymond James (6/15/15) "All of MAG's projects offer tremendous exploration upside."

Heiko Ihle, H.C. Wainwright & Co. (6/12/15) "Recent exploration results show MAG has potential for further upside."

Source Exploration Corp.

Tickerscores (6/8/15) "SOP is a promising story worth looking at."

Bear Creek Mining Corp.

Don Blyth, Paradigm Capital (6/4/15) "The economics for BCM's Corani project have improved."

Andrew Kaip, BMO Capital Markets (6/2/15) "BCM announced a revised feasibility study with improved recoveries."

Chris Thompson, Raymond James (6/2/15) "We view BCM as a call option on Corani's potential silver production."

Source Exploration Corp.

Haywood Securities (5/29/15) "SOP defined mineralization across three zones at Las Minas."

Great Panther Silver Ltd.

Jay Taylor, Gold, Energy & Tech Stocks (5/29/15) "GPR continues to generate positive cash flows."

Alexco Resource Corp.

The Gold Report with Darrell Pasloski (5/26/15) "AXR continues do to reclamation as well as mining and exploration work."

Silver Wheaton Corp.

Charles Gibson, Edison Investment Research (5/26/15) "In Q1/15 SLW's production exceeded 10 Moz silver-equivalent for the first time."

Kootenay Silver Inc.

Wayne Hewgill, Mackie Research Capital (5/22/15) "KTN's La Negra showed 56m grading 124 g/t Ag and 0.175 g/t Au."

Great Panther Silver Ltd.

Ash Guglani, Salman Partners (5/20/15) "GPR entered into an option agreement to acquire the Coricancha mine."

Kootenay Silver Inc.

Philip Ker, PI Financial (5/20/15) "KTN's final assays confirm broad intercepts of silver mineralization."

MAG Silver Corp.

Trevor Turnbull, Scotia Capital (5/19/15) "MAG finished Q1/15 with more than $80M in cash."

Bear Creek Mining Corp.

The Gold Report with Ricardo Carrion (5/18/15) "We expect an updated feasibility study BCM's Corani to be released real soon; it should show a lower capex."

MAG Silver Corp.

Heiko Ihle, H.C. Wainwright & Co. (5/18/15) "MAG exited Q1/15 with sufficient cash to fund the Juanicipio development."

Primero Mining Corp.

Dan Rollins, RBC Capital Markets (5/18/15) "P is well positioned to deliver improving free cash flow over the next few years."

Alexco Resource Corp.

Mike Niehuser, Scarsdale Equities (5/15/15) "AXR is well positioned to report positive drill results through 2015E."

Primero Mining Corp.

Mike Parkin, Desjardins Securities (5/12/15) "P's San Dimas mine is performing extremely well."

Great Panther Silver Ltd.

Ash Guglani, Salman Partners (5/8/15) "In Q1/15, GPR increased production by 8% QOQ and revenue by 42% QOQ."

Silver Wheaton Corp.

Phil Russo, Raymond James (5/8/15) "SLW's Q1/15 production was strong, driven by San Dimas and Sudbury."

Ash Guglani, Salman Partners (5/8/15) "We maintain our Top Pick recommendation on SLW."

Great Panther Silver Ltd.

Heiko Ihle, H.C. Wainwright & Co. (5/8/15) "For Q1/15, GPR produced a record 987,887 oz silver equivalent."

Source Exploration Corp.

Haywood Securities (5/8/15) "SOP demonstrated the potential to link two zones at Las Minas."

Ryan Walker, Euro Pacific Canada (5/7/15) "SOP's assay results at Las Minas support the thesis of a larger combined target."

Silver Wheaton Corp.

Andrew Kaip, BMO Capital Markets (5/7/15) "We forecast SLW to grow Ag eq production by 17% during 2015."

Primero Mining Corp.

Rob Chang, Cantor Fitzgerald (5/7/15) "In Q1/15, P achieved record production overall and at San Dimas."

Dan Rollins, RBC Capital Markets (5/7/15) "P had a solid start to 2015 driven by San Dimas' strong performance."

Franco-Nevada Corp.

The Gold Report Interview with Chris Mancini (5/6/15) "FNV has some of the highest-quality streams and royalties in the world."

Tahoe Resources Inc.

The Gold Report Interview with Chris Mancini (5/6/15) "THO's two producing mines are low cost."

Silver Wheaton Corp.

The Gold Report Interview with Chris Mancini (5/6/15) "SLW has royalties on some very good projects, including Peñasquito."

MAG Silver Corp.

The Gold Report Interview with Chris Mancini (5/6/15) "MAG has one of the best undeveloped silver deposits in the world."

Primero Mining Corp.

Brian Szeto, PI Financial (5/6/15) "P announced Q1/15 financial results better than estimates."

Barry Allan, Mackie Research Capital (5/6/15) "P's stock remains a good buy on underlying value."

Joseph Fazzini, Dundee Capital Markets (5/6/15) "P's Q1/15 results were generally consistent with our expectations."

Jeff Killeen, CIBC World Markets (5/6/15) "We think P's strong growth in cash will act as a catalyst for its stock."