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 >
CNL: Significant Player in a New Frontier
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NANA SANGMUAH, Clarus Securities Inc.
(06/18/2010)
"Our site trip highlighted the potential to build ounces from new discoveries on Continental's flagship Buriticá asset. . .multiple high-grade veins discovered so far hold the potential to support a high-margin operation that could be sustainable in different gold price environments. Our interaction with some of the board members and management confirmed the depth of knowledge and breadth of experience required to unlock value on the portfolio of assets. Based on the prospective grade profile, we highlight the potential for Continental to build ounces rapidly if it can generate success with further high-grade discoveries. With four rigs onsite and a fifth, larger rig en route, we expect Continental to generate news flow over 2010 from its 25,000m program at Buriticá and its 5,000m reconnaissance program at Berlin. We also note the number of derisking catalysts over the latter half of 2010 and early 2011 with completion of a scoping study in H210, environmental baseline studies by Q410 and completion of an initial resource estimate by H111." |
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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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