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 >
QMI’s World Class Deposits
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OVAIS HABIB, Stonecap Securities
(12/17/2008)
"We believe Queenston Mining has the potential to rapidly transition from an advanced stage exploration company to a junior gold producer. Existing mining infrastructure (“brownfields sites”) in close proximity to both Projects should assist in reducing: the permitting time line, the pre-production financing as well as the construction stage. . . Queenston is exposed to above-average takeover potential. . . We believe Queenston encompasses all the qualities a Senior gold producer would look for when acquiring an advanced stage exploration company, these include: 1. The location of the Company’s projects in Canada (pro-mining; politically stable) on proven mine trends (Larder Lake Break and the Cadillac Break) and established mining camps (the Kirkland Lake Camp and the Bousquet-Cadillac Camp). 2. Queenston has amassed the single largest, land package ever assembled in the historic Kirkland Lake Camp (14,000 hectares); presenting a long term exploration potential. 3. Queenston is expected to expand and upgrade the historical and current NI 43-101 resource estimates in the next twelve months that could substantially increase their resource base. 4. Near term production potential (expected by the end of 2011) from the eastern portion of the Kirkland Lake Project. "We are initiating coverage on Queenston Mining Inc. with a Speculative Buy rating and a 12-month target price of $3.50 per share." |
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More Experts
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