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 >
Croc's Cosmo Development
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BRIAN MOK, Union Securities
(12/17/2010)
"The development of the Cosmo decline appears to be on schedule; given the progress to date, we believe that it will begin stope development in early Q211, with production starting at the end of that quarter. Regulatory approval to begin mining from the International deposit at Pine Creek is expected in April 2011. We anticipate that the pre-stripping could be completed relatively quickly, with mining operations beginning in June. We expect production in 2011 to be 129,000 oz at US$844/oz. Significant Exploration Upside Remains. The company is following up on geophysical (airborn magnetic) surveys conducted over the Burnside tenements. The survey confirmed that known deposits were coincident with magnetic anomalies; however, the anomalies extended well beyond the areas of known mineralization along the strike, indicating the significant potential of extensive gold mineralization throughout the Burnside property in areas which have seen very little historic drilling. . .We strongly believe significant potential remains to increase the mineable resource base. . .We have maintained our SPECULATIVE BUY rating." |
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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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