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 >
TD Newcrest Raises Target on RBY
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DANIEL EARLE, Newcrest, TD Securities
(11/30/2010)
"Rubicon Minerals released an inferred resource estimate of 4.0 Moz. grading 20 g/t gold for the F2 Gold System at its 100%-owned Phoenix Gold Project. . .the initial estimate outlined a significant, high-grade deposit, in our view, that markedly exceeded our modeled resource inventory of 3.0 Moz. (6.4 Mt. grading 16 g/t). With the system open in all directions, we are optimistic that additional drilling will lead to even further resource growth. We believe the release of the initial resource could mark the beginning of a period of revaluation for the company as it transitions to the development stage of its life cycle toward a producer valuation. . .as a result, our 12-month target price increases to $10/share (from $6). We maintain our Speculative BUY recommendation." |
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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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