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 >
CSI: This Thing Is on Fire!
Canaccord Genuity's Morning Coffee (03/15/2010)
"Despite a less-than-shining week for gold, shares of Colossus still managed to put in an all-star performance. Early last week, Colossus announced that a Preliminary Environmental License has been issued for the company's flagship Serra Pelada Project in Brazil. According to Canaccord Adams Mining Analyst Nicholas Campbell, this paves the way for a full development permit for the Serra Pelada project. The Brazil government needs to approve of the equivalent of a Preliminary Economic Assessment for the Serra Pelada project. This would be an internal approval, with this approval, the government could then issue the full development permit for Serra Pelada. Following the approval of the full development permit, Colossus should issue metallurgy on the project and likely conclude a land deal with Vale (VALE). With this permit in hand and as these other hurdles are overcome, Campbell believes Colossus should continue to build momentum and achieve a revaluation in the market as investors begin to view this name as an emerging producer, rather than an exploration play." |
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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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