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 >
Fundamental Research Initiates Coverage of STM
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SIDDHARTH RAJEEV, Fundamental Research Corp.
(08/10/2010)
"Strathmore Minerals Corp. is focused on advancing the Roca Honda Uranium project into production. Roca Honda is one of the largest, planned uranium mines in the United States in over 30 years. Roca Honda has NI 43-101-compliant M&I resources totaling 17.5 Mlbs. U3O8 and inferred resources of 15.8 Mlbs. U3O8. Production is targeted for late 2013 and mine life is currently estimated at approximately 20 years. The company is also working to advance its Gas Hills, Wyoming projects towards production. STM is in a solid cash position with about $25.5M, or $0.29/share, in the bank. Based on our valuation, and review of the company's projects, we initiate coverage on STM with a BUY rating and a fair value of $1.14/share. We believe it is a good time to invest in uranium companies." |
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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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