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 >
EXS: Capable Growth Opportunity
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SHIRISH VAIDYA, RB Milestone Group
(06/15/2010)
"Explor Resources' total land position in the Abitibi Greenstone Belt is about 21,800 hectares. We have valued the company on EV/Reserves with the reserves being estimated from the acreage, as explicit reserves data is unavailable. Comparing it with its peers, we arrive at a fair value of C$0.74 for the stock. Investment Takeaways: Proven track record of the reserve belts, good potential for its most-advanced Timmins Porcupine West Gold project, key properties are 100% owned by the company. . .access to funding for development programs remains the key." |
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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.
More Experts
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"THO pays a good dividend and produces at the lowest quartile costs." (12/9/15) Tahoe Resources Inc. - Gwen Preston, Resource Maven More >