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 >
GMP Reinitiates Coverage of RBY
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CRAIG WEST, GMP Securities LP.
(01/20/2010)
"We are re-initiating coverage of Rubicon due to analyst departure and extended period of research restriction associated with the Q4'09 equity financing. With completion of its C$86.3M financing in Nov'09, expanded exploration plans, including a 120,000 meter drill program at Phoenix, are well funded. Exploration at Phoenix has been very successful over the past year. We estimate that drilling to date has delineated 5–6Moz. We see good potential for this to grow to 6–8Moz with drilling over the next year. With Phoenix growing into a world-class high-grade deposit, we see RMX as a potential acquisition target. Our new C$6.50 target is supported by $/oz and preliminary DCF valuation methodologies. We re-initiate coverage with a BUY recommendation." |
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More Experts
"We expect PGLC's Relief Canyon site to be meaningfully advanced in 2016." (12/16/15) Pershing Gold Corp. - Heiko Ihle, Rodman & Renshaw More >
"ICG continues to stand out as one of the most active junior exploration companies globally." (12/9/15) Integra Gold Corp. - Michael Gray, Macquarie Equity Research More >
"We are initiating coverage on NMI with a Buy rating." (12/9/15) Newmarket Gold Inc. - Heiko Ihle, Rodman & Renshaw More >
"TV's mill throughput was up 19% MOM; zinc recovery improved by 9%." (12/9/15) Trevali Mining Corp. - Joseph Gallucci, More >
"THO pays a good dividend and produces at the lowest quartile costs." (12/9/15) Tahoe Resources Inc. - Gwen Preston, Resource Maven More >