The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Prodigy's Promise
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Midas Letter (04/04/2011)
"Prodigy's got a lot of shares outstanding, which is the only reason the last drill hole, announced on March 16, did not take the stock in the +$1 stratosphere. It's quite possible the market doesn't get the story yet. . .hole #MA11-004 is only the fourth hole in a planned 20,000m drill campaign. It intersected 261m grading 1.13 g/t gold, within which was a 104.6m length that graded 2.06 g/t gold. This is on the company's Magino project, which currently contains gold resources of 51.6 Mt. grading 1.16 g/t gold (Indicated) and 18.3 Mt. grading 1.04 g/t gold (Inferred). If the Magino project was the only thing Prodigy had going for it, it would still be a very well-priced investment, considering its nearly 2 Moz. resource in mining-friendly Ontario; 2 Moz. for $75M is just over $35 per ounce in the ground. The upcoming PEA will determine how much of that gold can be recovered but, if the 20,000m program continues to hit more of these big numbers, the deposit size will increase substantially." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
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