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 >
GNH: Significant Drill Program Planned for This Summer
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J. Taylor's Gold, Energy & Tech Stocks (05/13/2011)
"By the middle of June, a 3-D model is expected to be completed by GNH and made public. This will help investors get a sense of the deposit, its geometry and the potential for expansion of the deposit into a multimillion-ounce near-surface gold resource. . .I'm expecting management to begin running bulk samples through the mill to get a better sense of the grade discount that may be forthcoming from a future drill program. Golden Hope has about $3M in the till now, which should be sufficient to enable the company to carry out a significant drill program this summer. It is my sense that a concentrated effort on its T-1 and T-2 zones, both along strike and to depth, could result in a resource north of 2 Moz. fairly quickly. If so, there is no way in a bull market that this stock remains a $0.19 stock. The company has 115.9 million shares outstanding now. Fully diluted, there are 143.7 million shares outstanding; but if all of them were exercised, it would bring in around $7M, which would go a ways in establishing a significant deposit. With all the infrastructure in place and its location in the province of Quebec, the most-favorable place for mining in the world, it seems clear to me that at its current price Golden Hope offers very attractive speculative value for those wishing to increase exposure to the gold exploration sector." |
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