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 >
Dundee Adds ADV to Watch List
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RODNEY COOPER, Dundee Capital Markets
(10/05/2010)
"We are adding Alderon Resource Corp. to our Mineral Exploration Watch List. This exploration company holds an option to acquire 100% of the Kamistiatusset ("Kami") Project located in the Labrador Trough—Canada's most prolific iron ore-producing region. . .In 2010, ~41 million tons (Mt.) of iron ore products will be produced from this region [with] an additional 17 Mt. of annual capacity expansion in the planning stages. In 2010, Alderon is engaged in a $7.5M drill program to delineate 400–500 Mt. grading 28%–34% Fe. Investors looking for an early stage player in the Canadian iron ore space are urged to consider this stock. . .the technical team at Alderon has decades of Labrador Trough experience to bring to bear development plans. The first resource estimate is anticipated within six months. A development decision, potentially, is just 18 months in the future. The momentum is building in Canadian iron ore space. We view Alderon as a solid opportunity to participate in the first stages of a new prospective development." |
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