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 >
FRC Raises Fair Value on EVG
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SIDDHARTH RAJEEV, Fundamental Research Corp.
(10/23/2009)
"2009 drilling highlights include 67.1 meters grading 10.8g/t Au, including 12.2 meters grading 39.29 g/t Au in hole RSC-020 (a high-grade zone of mineralization located along the wall of the diatreme). Drilling at Antelope basin intersected broad intersections of low-grade mineralization (163 meters at 1.25g/t Au) with bulk mineable potential. In July 2009, the company received total proceeds of $4.89 million from the exercise of 7.33 million warrants at prices ranging from $0.60 to $1.50 per share. The company continues to be in a strong cash position with about $19 million ($0.21 per share) in its treasury as of August 5, 2009. Our discussions with management indicated that the company will have about $13 million after all its current payables are paid. We have raised our valuation from $0.70 to $1.40 per share. EVG has increased 131% since we initiated coverage in June 2009." |
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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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