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 >
RBY: Core Zone Plot Thickens at F2
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ELDON BROWN, Stonecap Securities
(07/07/2010)
"Rubicon reported on additional drill results from surface and underground that we believe continue to confirm potentially thick intervals within the F2 Core Zone. . .Even though Rubicon continues to successfully return wide intervals of high grade from underground at F2 and advances the drift to bulk sample later this year, the share price has retraced 35% from its 52-week high of $5.41/sh. [Its] trading at levels not seen since last September—when gold was below US$1,000/oz. and only the first underground holes had been reported. With gold recently above US$1,200/oz. and over 60 holes completed underground, Rubicon currently trades at only 1.05x P/NAV and US$141 EV/oz.—well below historic levels, which we feel provides a unique entry point into the name." |
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