Base Metals Recommendations

Trevali Mining Corp.

Erik Bermel, M Partners (5/22/13) "TV's $10M equity raise will be used to advance the Santander and New Brunswick projects."

Foran Mining Corporation

The Metals Report Interview with George Topping (5/21/13) "FOM should benefit tremendously given its 25 Mt McIlvenna resource and proximity to the Flin Flon zinc smelter."

Orbite Aluminae Inc.

Luisa Moreno, Euro Pacific Capital (5/21/13) "ORT is significantly oversold given the milestones the company has achieved."

Atico Mining Corp.

Erik Bermel, M Partners (5/21/13) "ATY expects cash costs to stabilize, making El Roble a low-cost, high-grade story."

The Gold Report Interview with Brent Cook (5/20/13) "ATY had some very good drill results and its VMS project is certainly economic."

Sunridge Gold Corp.

Adam Lucas, Ocean Equities (5/16/13) "The bankable feasibility study results on SGC's Asmara are positive."

Mandalay Resources Corp.

Chris Thompson, Raymond James (5/16/13) "We continue to rate shares of MND Outperform."

Colossus Minerals Inc.

Joseph Fazzini, Dundee Securities (5/16/13) "We are comfortable with CSI's ability to begin pouring gold by Q4/13."

MAG Silver Corp.

The Metals Report Interview with Brent Cook (5/14/13) "Lead, zinc and gold factor heavily into the economics for MAG's Juanicipio silver project."

Atico Mining Corp.

The Metals Report Interview with Brent Cook (5/14/13) "ATY has a gold-rich VMS deposit; gold will be ~40% of total revenue."

The Gold Report Interview with Paul Harris (5/10/13) "ATY absolutely has potential for further discoveries at El Roble."

Canada Fluorspar Inc.

Ken Chernin, Jennings Capital (5/8/13) "We view CFI's assays from DS-13-115 and DS-13-116 to be very encouraging because of the high grades and shallow depths."

Red Eagle Mining Corp.

Ash Guglani, Salman Partners (5/7/13) "We are initiating coverage on RD with a Speculative Buy rating."

Global Minerals Ltd.

Deborah Bacal, Proactive Investors (5/6/13) "CTG's Strieborná now extends at least 75m farther to the southwest."

Mundoro Capital Inc.

Bob Moriarty, 321 Gold (5/6/13) "MUN is a low-risk, high-potential junior."

Trevali Mining Corp.

Erik Bermel, M Partners (5/2/13) "TV has an attractive production profile with long-term growth."

Stefan Ioannou, Haywood Securities (5/2/13) "TV is more than a one-trick pony."

The Northern Miner (5/2/13) "TV received the green light to operate its Caribou mine and expects to fire up the mill early next year."

Joseph Gallucci, Dundee Securities (4/30/13) "TV is our Top Pick in the junior mining space."

Tahoe Resources Inc.

The Gold Report Interview with Michael Gray (4/29/13) "We show Tahoe being cash flow positive in Q4/13 and overall guidance of 5 Moz silver being produced into 2013."

Canada Fluorspar Inc.

Ken Chernin, Jennings Capital (4/25/13) "CFI intersected a 10m section grading 49.32% CaF2 at the Director vein."

Silver Bull Resources Inc.

Philip Ker, PI Financial (4/24/13) "SVB is attractive for investors seeking exposure to both silver and zinc; we are initiating coverage."

Mandalay Resources Corp.

Craig Stanley, Stifel Nicolaus (4/18/13) "MND had a record quarter for gold production and its second-best quarter for antimony production."

Midland Exploration Inc.

Eric Lemieux, Laurentian Bank Securities (4/18/13) "We are maintaining our Speculative Buy rating on MD."

Foran Mining Corporation

Stefan Ioannou, Haywood Securities (4/17/13) "FOM's LOM revenue at McIlvenna Bay is derived from zinc; this byproduct significantly enhances the project's intrinsic value."

Chieftain Metals Inc.

James West, Midas Letter (4/17/13) "CFB is a premium opportunity."

Golden Arrow Resources Corp.

Jay Taylor, Hotline (4/12/13) "GRG's April 11 press release has me excited because of the sizeable high-grade intercepts."

Mundoro Capital Inc.

Eric Coffin, Hard Rock Analyst (4/11/13) "MUN will be an obvious beneficiary of Timok's outstanding results."

Trevali Mining Corp.

Raymond James (4/10/13) "TV's Santander mine appears to be on the cusp of commissioning."

Joseph Gallucci, Dundee Securities (4/10/13) "TV is a junior with zinc leverage and a strong production profile."

Stefan Ioannou, Haywood Securities (4/10/13) "TV has significantly advanced its projects in New Brunswick and Peru."

Foran Mining Corporation

Matthew O'Keefe, Mackie Research Capital (4/9/13) "FOM is adequately funded to complete the planned 2013 exploration and development program."

Trevali Mining Corp.

M Partners (4/8/13) "TV received final approval for the $30M facility."

Aleem Ladak, PI Financial (4/8/13) "Production from TV's Santander mine is expected to start imminently."

Foran Mining Corporation

Salma Tarikh, The Northern Miner (4/8/13) "FOM grew McIlvenna Bay's Indicated resources 15% and Inferred, 18%."

Orbite Aluminae Inc.

Matt Gowing, Mackie Research Capital (4/1/13) "We are encouraged by ORT's recent progress with commissioning."

SilverCrest Mines Inc.

Kwong-Mun Achong Low, Jennings Capital (4/1/13) "We like SVL for its growth profile and management's ability to execute."

Colossus Minerals Inc.

Jamie Spratt, Clarus Securities (4/1/13) "We continue to view CSI's Serra Pelada as a world-class asset."

International Enexco Ltd.

Pope & Company Morning Notes (3/28/13) "IEC encountered elevated radioactivity in five drill holes at Mann Lake."

Clifton Star Resources Inc.

Michael Fowler, Loewen, Ondaatje & McCutcheon (3/28/13) "CFO announced an alternative processing method that could save $157.5M."

Foran Mining Corporation

Matthew O'Keefe, Mackie Research Capital (3/28/13) "FOM is advancing its large McIlvenna Bay deposit with a clear road map in an established mining district."

Silver Bull Resources Inc.

Brian Post, ROTH Capital Partners (3/26/13) "SVBL's resource update eclipsed our previous forecast of 102 Moz Ag by 63%."

Trevali Mining Corp.

Joseph Gallucci, Dundee Securities (3/20/13) "TV is our top pick in the junior mining space."

Aleem Ladak, PI Financial (3/20/13) "TV's Halfmile and Stratmat have Inferred resource estimates of significant tonnage."

Pilot Gold Inc.

Morning Coffee (3/20/13) "PLG has an attractive combo, high grades and aggressive plans."

Atico Mining Corp.

Ali Khan, Stonecap Securities (3/19/13) "We are initiating coverage on ATY with an Outperform rating."

Pilot Gold Inc.

Shane Nagle, National Bank Financial (3/19/13) "PLG's continued exploration success underpins our Outperform rating."

Jeff Killeen, CIBC World Markets (3/19/13) "PLG released encouraging drill results from TV Tower's KCD target."

Atico Mining Corp.

Thom Calandra, The Calandra Report (3/15/13) "Most of ATY's El Roble mill and mine permits are in place."

Mundoro Capital Inc.

Eric Coffin, Hard Rock Analyst (3/15/13) "MUN remains a Buy."

Atico Mining Corp.

SmallCap Power Interview with James West (3/14/13) "ATY is one of my favorite investments."

Northern Freegold Resources Ltd.

Jay Taylor, Hotline (3/8/13) "NFR's asset should attract the attention of a major investor."

Mandalay Resources Corp.

Duncan Hughes, RFC Ambrian (3/7/13) "We continue to rate MND a Buy and have raised our target price."

Zimtu Capital Corp.

The Gold Report Interview with Leonard Melman (3/6/13) "ZC has the capital to acquire projects at rock-bottom prices that can become new sources of capital."

Foran Mining Corporation

The Metals Report Interview with Matthew O'Keefe (3/5/13) "FOM has access to roads, power and mining-specific infrastructure."

Trevali Mining Corp.

The Metals Report Interview with Matthew O'Keefe (3/5/13) "In TV, I see a growing producer and new dominant player in the New Brunswick camp."

Chieftain Metals Inc.

The Metals Report Interview with Matthew O'Keefe (3/5/13) "CFB has a very high-grade project, which is why the capex is so low."

Aurizon Mines Ltd.

Cecilia Jamasmie, Mining.com (3/4/13) "ARZ's deal with Hecla would be worth about $1.6B."

Trevali Mining Corp.

Joseph Gallucci, Dundee Securities (3/1/13) "TV is our top pick in the junior mining space."

International Northair Mines Ltd.

Stifel Nicolaus (3/1/13) "Preliminary testing returned Ag recoveries of 85–90% for INM's San Gregoria zone."

Trevali Mining Corp.

Matthew O'Keefe, Mackie Research Capital (3/1/13) "We expect to see increases in TV's cash flow multiple and stock price."

(3/1/13) "TV has an attractive production profile with long-term growth."

Pilot Gold Inc.

Shane Nagle, National Bank Financial (2/28/13) "A strong cash balance, recent exploration success and steady news flow support our Outperform rating for PLG."

Trevali Mining Corp.

Adam Low, Raymond James (2/28/13) "TV received approval for a $30M tranche of $60M financing from RMB Resources."

Joseph Gallucci, Dundee Securities (2/28/13) "TV is our Top Pick in the junior mining space; we rate it a Buy."

International Enexco Ltd.

The Gold Report Interview with Michael Berry (2/27/13) "IEC has the option to be valued on its uranium or on its copper or both."

Bellhaven Copper & Gold Inc.

Tyron Breytenbach, Cormark Securities (2/26/13) "BHV has been able to secure financing to ensure exploration through the rest of 2013."

International Northair Mines Ltd.

Michael Fowler, Loewen, Ondaatje & McCutcheon (2/26/13) "INM's grade at La Cigarra was higher than expected, and resource upside is evident."

Lion One Metals Ltd.

The Gold Report Interview with Eric Coffin (2/25/13) "LIO's deal with Avocet Resources would bring $4M, good-looking gold and iron ore projects and a strong technical team."

Global Minerals Ltd.

Smallcaps.us (2/25/13) "CTG's Strieborná project is already well advanced and has limited downside risk."

Foran Mining Corporation

Matthew O'Keefe, Mackie Research Capital (2/25/13) "We impressed by FOM's quality management and exploration team."

Global Minerals Ltd.

The Gold Report Interview with Henk Krasenberg (2/22/13) "CTG is aiming to become the first real silver producer in Europe."

Orvana Minerals Corp.

The Gold Report Interview with Henk Krasenberg (2/22/13) "ORV is an interesting company."

Mandalay Resources Corp.

Andrew Kaip, BMO Capital Markets (2/20/13) "MND had a solid finish to 2012."

Alderon Iron Ore Corp.

The Metals Report interview with Colin Healey (2/19/13) "It was a huge win for ADV to bring in Hebei Iron & Steel as a partner."

New Millennium Iron Corp.

The Metals Report interview with Colin Healey (2/19/13) "In the iron ore space, we see NML as having the most potential to be successful with its plan."

Atico Mining Corp.

Brent Cook, Exploration Insights (2/18/13) "ATY had some very impressive drill results from its El Roble mine."

International Enexco Ltd.

The Gold Report Interview with John Kaiser (2/15/13) "IEC offers speculators a macroeconomic bet on the direction of copper prices."

Silver Bull Resources Inc.

Deborah Bacal, Proactive Investors (2/14/13) "SVB has continued to drill high silver and zinc grades at Sierra Mojada."

Mundoro Capital Inc.

Eric Coffin, Hard Rock Analyst (2/14/13) "With MUN you're buying a cheap lottery ticket backed by cash on hand."