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 >
CGC: Six-Month Revenue Up
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ADAM GRAF, Dahlman Rose & Co.
(03/17/2010)
"Capital Gold reported six-month revenue of $24.9M, a 21% increase in revenue in the six-month period ending Jan 31, 2010, compared to the same period a year ago due primarily to higher gold prices. Gold volume sold decreased slightly as the company sold 23,549 ounces of gold in the six-month period at an average price received of $1,060/oz, compared to 24,690 ounces of gold at an average price of $832/oz. The company noted a 24% increase in tons of ore mined for the quarter ending Jan. 31 compared to 2009, and a 17% increase in the tons of ore mined for the six-month period ending Jan. 31 compared to the same period in the previous year. This additional throughput will result in more ounces recovered in 2010 as the additional stacked ore has more residence time and exposure to the gold-collecting reagents sprayed and collected from the leach pad." |
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More Experts
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