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 >
Pushing to the Summit of F2
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GEORGE ALBINO, GMP Securities
(01/07/2010)
"We are resuming coverage of Rubicon following its recent equity financing. The company announced a bought deal offering of 16.5m shares at C$4.55/sh on 22 October 2009. The transaction closed 12 November 2009, with Rubicon issuing 18.975m shares for gross proceeds of C$86.3m. . . .Rubicon has released two drill updates, with results continuing to expand and discover new zones. These results suggest gold endowment for F2 in line with the upper end (or greater than) the 3–5m oz. range we used in setting our target price. . . .We are increasing our target from C$5.50 to C$6.50 based on a larger assumed gold endowment, as well as higher gold price." |
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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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