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 >
RES: Rare Earths and Gold
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Gold Newsletter (05/25/2010)
"Rare Element's Bear Lodge Property has always benefited from built-in diversification: It held the potential to be developed as both a rare element mine and a gold mine. However, the gold story, as good as [it] is, languished, as that portion of the property was operated in JV with Newmont Mining. . .being Newmont—big, thorough, and slow—the gold story never really developed. Well, we're about to start reading new and hopefully exciting chapters in that story. . . because Rare Element and Newmont recently agreed to part ways. While the market took the development negatively, this is actually great news for Rare Element, and for us. Newmont elected not to exercise its option to acquire a 65% interest in the gold-oriented portion of the property, labeled the Sundance Project, allowing RES to maintain its 100% interest in the entire property. Now, the company's seemingly forgotten gold component makes headlines once again. . .but instead of rejoicing, the market has interpreted Newmont's withdrawal negatively. Moreover, the share price certainly wasn't helped by the recent near panic in the equity markets. . .result: Because of the sharp drop in price, and because the company is now moving aggressively on both the gold and rare earth fronts, I'm making RES a strong buy once more." |
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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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