Critical Metals Recommendations

Mason Graphite Inc.

The Gold Report Interview with Ron Struthers (10/22/14) "LLG is the leader as far as graphite grade is concerned."

Focus Graphite Inc.

The Gold Report Interview with Ron Struthers (10/22/14) "FMS successfully tested upgrading the Lac Knife graphite to battery grade."

Largo Resources Ltd.

Luisa Moreno, Euro Pacific Canada (10/17/14) "The TSX.V approved consolidation of LGO's shares on a 1:10 basis."

Commerce Resources Corp.

Arie Papernick, Secutor Capital Management (10/17/14) "CCE is cashed up and ready to advance Ashram."

Mandalay Resources Corp.

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

Namibia Rare Earths Inc.

The Mining Report Interview with John Kaiser (10/14/14) "NRE's PEA reported an after-tax IRR of 43%."

Mandalay Resources Corp.

Andrew Kaip, BMO Capital Markets (10/14/14) "MND's Q3/14 production numbers were a solid beat compared to our expectations."

Carbine Tungsten Ltd.

Gavin Wendt, Share Cafe (10/14/14) "CNQ is making meaningful strides toward production."

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."

Focus Graphite Inc.

Ben Kramer-Miller, Seeking Alpha (10/10/14) "Of the late-stage Canadian graphite companies, I continue to believe FMS is the best positioned."

Commerce Resources Corp.

Derek Hamill, Zimtu Capital Corp. (10/9/14) "Material from CCE's Ashram achieved +40% TREOs with 70% REE recovery."

Focus Graphite Inc.

Jon Hykawy, Investor Intel (10/9/14) "FMS' Lac Knife is a good project by any measure."

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."

Trevali Mining Corp.

Derek Macpherson, M Partners (10/7/14) "TV is our top base metals pick as it continues to benefit from strong supply and demand fundamentals."

Exeter Resource Corp.

Daniel Earle, TD Securities (10/7/14) "Validating the potential water source at XRC's Caspiche will greatly derisk the project."

Mkango Resources Ltd.

Christopher Ecclestone, Hallgarten & Co. (10/1/14) "MKA's prefeasiblity numbers were attractive, and gave the stock price a deserved kick upwards."

Namibia Rare Earths Inc.

Nick Wells, Rare Earth Investing News (10/1/14) "NRE's Lofdal PEA highlights an impressive rate of return and potential to grow."

Largo Resources Ltd.

Joseph Gallucci, Dundee Capital Markets (9/29/14) "LGO's Maracás positions the company to benefit from improving vanadium fundamentals."

Trevali Mining Corp.

GMP Securities (9/27/14) "We were very impressed by the tour to TV's Caribou mine."

Syrah Resources Ltd.

Luke Smith, Canaccord Genuity (9/26/14) "We view the board's experience as the right mix of market, technical, development and management."

Alkane Resources Ltd.

The Gold Report Interview with Richard Karn (9/24/14) "ALK increased gold reserves by 47% this year."

Energizer Resources Inc.

Luisa Moreno, Euro Pacific Canada (9/17/14) "EGZ plans a $4.8M private placement to fund production of samples."

Medallion Resources Ltd.

Vertus Equity Research (9/17/14) "Securing a long-term feedstock contract would trigger a rerating of MDL."

Energizer Resources Inc.

The Mining Report Interview with Filipe Martins (9/9/14) "EGZ's Molo has a low strip ratio and doesn't require acid treatment to improve its purity."

Mason Graphite Inc.

Jim Rogers Interview with Midas Letter (8/28/14) "LLG is the place to play graphite or graphene."

Commerce Resources Corp.

Stephan Bogner, Rockstone Research Ltd. (8/27/14) "CCE's Ashram is leading the pack, while its peers are lagging in terms of economics and commercial viability."

Exeter Resource Corp.

SomaBull, Seeking Alpha (8/27/14) "XRC's Caspiche can perform well as a small project or as a massive one once gold prices return."

Syrah Resources Ltd.

The Mining Report Interview with Luke Smith (8/26/14) "SYR owns the Balama project, which contains close to 1.2 Bt with about 10% total contained graphite."

Excelsior Mining Corp.

Eric Coffin, HRA Advisory (8/24/14) "MIN has advanced Gunnison with very impressive results and the stock has big value potential."

Largo Resources Ltd.

Alessandro Bruno, Investor Intel (8/22/14) "The start of production at Maracas marks a period of substantial growth for LGO."

Energizer Resources Inc.

Christopher Ecclestone, Investor Intel (8/21/14) "EGZ has barged its way to near the front of the pack."

Jon Hykaway, Stormcrow (8/17/14) "Low overall costs and a large resource make EGZ very attractive."

Alkane Resources Ltd.

Christopher Ecclestone, Investor Intel (8/14/14) "ALK is up there among the sector leaders."

Excelsior Mining Corp.

Joseph Gallucci, Dundee Capital Markets (8/14/14) "MIN's recent financing leaves it well positioned to complete bulk testing at Gunnison."

Ucore Rare Metals Inc.

The Gold Report Interview with Jeb Handwerger (8/11/14) "UCU's Bokan deposit is one of the best potential REE projects in the West."

Largo Resources Ltd.

Joseph Gallucci, Dundee Capital Markets (8/11/14) "We are initiating coverage on LGO with a Buy rating."

Arianne Phosphate Inc.

Brien Lundin, Gold Newsletter (Jefferson Financial) (8/7/14) "DAN added deposits to Lac a Paul, significantly boosting mine longevity."

Largo Resources Ltd.

Luisa Moreno, Euro Pacific Canada (8/5/14) "LGO's Maracás project is arguably the most advanced vanadium project in the world."

Focus Graphite Inc.

John Hykawy, Stormcrow Capital Ltd. (8/5/14) "FMS' Lac Knife is truly world class; we are initiating coverage with a positive recommendation."

Largo Resources Ltd.

Teresa Matich, Resource Investing News (8/5/14) "There is a skilled management and technical team behind LGO and Maracas."

Syrah Resources Ltd.

Luke Smith, Canaccord Genuity (8/4/14) "SYR's test work highlighted that high-purity V2O5 product can be produced from Balama ore."

Mandalay Resources Corp.

Craig Foggo, RFC Ambrian (8/1/14) "The bridge loan transaction will assist in the completion of the merger between MND and Elgin."

Mason Graphite Inc.

Daniel Greenspan, Macquarie Capital Markets (7/30/14) "LLG's stepout holes at Lac Guéret hit high-grade mineralization."

Alessandro Bruno, Investor Intel (7/30/14) "LLG's Lac Gueret is world class, with 99%-pure graphite potential that will draw international demand."

Largo Resources Ltd.

Itinerant, Seeking Alpha (7/30/14) "LGO has 150% upside if it maintains past performance through ramp-up."

Mason Graphite Inc.

Bob Beaty, The Bottom Line Report (7/30/14) "LLG is certainly in a position to be one of the absolute lowest-cost producers globally."

Asanko Gold Inc.

Joe Mazumdar, Canaccord Genuity (7/29/14) "Metallurgical test results for AKG's Dynamite Hill came in higher than our forecasts."

Ucore Rare Metals Inc.

Jeb Handwerger, Gold Stock Trades (7/29/14) "UCU is becoming the premier U.S. critical rare earth asset."

Mkango Resources Ltd.

The Gold Report Interview with Paul Renken (7/28/14) "Metallurgical testing on MKA's REE deposit in Malawi suggests that it should be fairly easy to process with relatively high rates of recovery."

Mason Graphite Inc.

The Energy Report Interview with Steve Palmer (7/24/14) "LLG has a very sizable resource."

Ucore Rare Metals Inc.

Luisa Moreno, Euro Pacific Canada (7/24/14) "UCU enjoys significant support from the regional and federal governments."

Teresa Matich, Rare Earth Investing News (7/23/14) "UCU is working to upgrade and expand its resource at Bokan Ridge."

Exeter Resource Corp.

The Gold Report Interview with Doug Loud (7/23/14) "We like XRC a lot; it's made Caspiche into a low capex project with high profitability potential."

Ucore Rare Metals Inc.

The Gold Report Interview with Byron King (7/21/14) "I expect great things from UCU over the next 12–18 months."

Focus Graphite Inc.

The Gold Report Interview with Byron King (7/21/14) "I like what I've seen with FMS; management is on track."

Arianne Phosphate Inc.

Henry Lazenby, Mining Weekly (7/18/14) "DAN's 2014 drill program has significantly boosted the Inferred resource at Lac à Paul."

Largo Resources Ltd.

Luisa Moreno, Euro Pacific Canada (7/17/14) "LGO is our top pick because Maracás will be one of the best vanadium projects in the world."

Alkane Resources Ltd.

The Mining Report Interview with Tom Hayes (7/15/14) "ALK is well positioned for the recovery."

Namibia Rare Earths Inc.

The Mining Report Interview with Tom Hayes (7/15/14) "NRE is one of my favorites because of the actual strength of its resource."

Trevali Mining Corp.

Derek Macpherson, M Partners (7/15/14) "TV is positioned as the next mid-tier base metal producer with significant leverage to a positive zinc market."

Syrah Resources Ltd.

Michael Slifirski, Credit Suisse (7/11/14) "SYR could dominate the spherical graphite market."

Medallion Resources Ltd.

Brien Lundin, Gold Newsletter (Jefferson Financial) (7/11/14) "I like MDL as a long-term (and, potentially, highly profitable) way to play the rare earths story."

Focus Graphite Inc.

Ben Kramer-Miller, Seeking Alpha (7/10/14) "Even in a bearish scenario, FMS' Lac Knife project is very undervalued."

Ucore Rare Metals Inc.

Luisa Moreno, Euro Pacific Canada (7/10/14) "UCU is in a short-term uptrend, confirmed by positive momentum."

The Mining Report Interview with Luisa Moreno (7/8/14) "Alaska has proposed a $144M bond to help finance UCU's Bokan-Dotson Ridge REE project."

Northern Minerals Ltd.

The Mining Report Interview with Luisa Moreno (7/8/14) "NTU has been able to produce a concentrate that is about 20% total rare earth oxides."

Largo Resources Ltd.

The Mining Report Interview with Luisa Moreno (7/8/14) "LGO has a vanadium deposit that is close to reaching production."

Focus Graphite Inc.

The Mining Report Interview with Luisa Moreno (7/8/14) "FMS is the only TSX-listed graphite company that has been able to secure an offtake agreement with an end-user."

Commerce Resources Corp.

The Mining Report Interview with Luisa Moreno (7/8/14) "CCE has shown that it can produce a concentrate running 40% TREO."

Derek Hamill, Zimtu Capital Corp. (7/7/14) "CCE has made positive discoveries that strengthen the robust economics of Ashram."

Excelsior Mining Corp.

Joseph Gallucci, Dundee Capital Markets (7/7/14) "We like the MIN story and recommend the stock to investors."

Commerce Resources Corp.

Stephan Bogner, Rockstone Research Ltd. (7/3/14) "CCE intersected the same mineralization four times in the MHREO zone."

Syrah Resources Ltd.

Vincent Pisani, Shaw Stockbroking (7/3/14) "SYR likely will increase its plant size to produce more graphite."

Ucore Rare Metals Inc.

Jeb Handwerger, Gold Stock Trades (7/2/14) "UCU has the highest-grade HREE project in the U.S. and incredible geopolitical support."

Northern Minerals Ltd.

Alessandro Bruno, Investor Intel (7/1/14) "NTU's Browns Range project offers excellent economics."

Ucore Rare Metals Inc.

Ben Kramer-Miller, Seeking Alpha (6/30/14) "UCU stock has 22% upside, conservatively, at current REE prices."

Focus Graphite Inc.

Henry Lazenby, Mining Weekly (6/25/14) "The feasibility study for FMS' Lac Knife proves the project's economic viability."

Mason Graphite Inc.

The Gold Report Interview with Simon Moores (6/23/14) "LLG has done well on the fundraising side in recent months."

Focus Graphite Inc.

The Gold Report Interview with Simon Moores (6/23/14) "FMS just revealed research on its spherical coated, battery-grade graphite."

Energizer Resources Inc.

The Gold Report Interview with Simon Moores (6/23/14) "EGZ has developed its Molo project to an advanced stage."