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Experts Commenting on This Company
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Amarillo Gold Corp.TICKER: AGC:TSX.VAmarillo Gold Corp. is focused on gold exploration in Brazil. The company's prime asset is the 100%-owned Mara Rosa Gold Project in central Brazil, which holds 1,174,900 oz. Au at 1.75 g/t (M&I) and 156,400 oz. Au at 1.34 g/t (Inferred) with a prefeasibility study near completion. Amarillo Gold's advanced exploration-stage project is the Lavras do Sul Gold Project located in southern Brazil. Amarillo has tested 5 of its 19 known prospects and 4 have returned significant gold values, including Butia which now holds 523 Koz. Au. All four Amarillo projects are located near excellent infrastructure. |
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Expert Analysis
Eric Zaunscherb, PI Financial (1/18/12) "Amarillo Gold Corp. has assembled a highly prospective portfolio of gold exploration and development assets in Brazil benefiting from superior infrastructure. . .and is led by an experienced management team with demonstrable project generation and development talents. . .we are initiating coverage with a $3.75 price target; this price target generates a robust 232% 12-month projected return and a Buy rating."
The Gold Report Interview with Dale Mah (12/19/11) "Amarillo Gold just came out with the results of its prefeasibility study (PFS). . .it did increase its M&I resources by about 89% in preparation for a feasibility study. So now it stands at 1.33 Moz compared with 1.17 Moz. . .I think there is definite upside on Amarillo's very conservative PFS." More >
Dale Mah, Dundee Securities (11/29/11) "Amarillo Gold Corp. released results of their prefeasibility study (PFS). . .we speculate that a higher cut-off would result in additional resources falling within the mine plan, providing higher revenue and longer mine life. . .the detailed PFS shows positive economics for the Mara Rosa project and provides a much higher level of engineering than the previous preliminary economic assessment. . .we view the PFS as a positive and it has been recommended that the project advance to the feasibility stage. . .we maintain our Buy rating and $2.40/share 12-month target price."
The Dollar Vigilante (11/28/11) "Our preference would be to overweight companies. . .like Amarillo Gold Corp., whose shares are cheap, have held up well throughout this mess and look poised to break out."
Eric Zaunscherb, PI Financial (10/17/11) "Amarillo Gold Corp. is focused on advancing gold projects with attractive upside and benefiting from superior infrastructure in Brazil. . .a prefeasibility study is expected imminently and we are looking for a robust project delivering +100,000 oz. per year; ultimately, we believe that Mara Rosa has the potential to deliver 2 Moz. resources. A recent resource upgrade featured strong resource growth, increased grade and enhanced confidence levels. . .infrastructure is excellent[at the company's Lavras do Sul Project], as is the exploration upside; we expect it to eventually feature a number of 0.25 Moz.–1 Moz. deposits feeding a central mill facility."
