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 >
Drive a Recovery
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JOHN WILSON, Resource Capital Research
(11/26/2008)
"XRC has responded sensibly to the global financial upheaval by initiating a program of cash conservation - exploration budget reduced by two thirds to C$8m, with grassroots projects on hold. Cash at Sep ‘08 was C$23m and by limiting expenditure XRC aims to have >C$10m in a year’s time. Exeter has three strong, major projects that could provide multi-million ounce gold-silver resources. Advances at Cerro Moro mid term are anticipated to drive a recovery in XRC’s valuation as exploration and project milestones are achieved for a potential low cost project with high operating margin – initial Cerro Morro and Caspiche resources expected 2Q09. Access to grassroots projects, via agreements with CVSA and Rio, will provide long-term growth opportunities." |
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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.
More Experts
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