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 >
AVR: Excellent Surface Targets
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PAOLO LOSTRITTO, Wellington West Capital Markets
(02/25/2010)
"Ramp up to 200k ounces of gold production must first transition into underground miner in Mali. Crossing into the realm of underground mining in 2010. Transition period in late 2010 and early part of 2011 will be challenging as underground mining presents unique labor intensive challenges. Plans to double throughput should benefit from higher grades. Excellent surface targets that could prove to be game changers. AVR has embarked on an aggressive exploration program that could find additional open pit material. Target characteristics suggest size potential. Maintain our Buy rating but increase our target to $0.80 from $0.75." |
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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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