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 >
Avalon's Preliminary Study
|
Mickey Fulp, Mercenary Geologist (12/17/2010)
"Avalon Rare Metals is a company with which I have a long history of coverage, both privately and publicly. It is rapidly progressing on its Thor Lake rare earth element project where I visited twice. Since my musing last fall (Mercenary Musing, November 3, 2009), Avalon announced a new resource estimate on its Nechalacho deposit, comprehensive bench-scale metallurgical results, a preliminary feasibility study, and final winter drill results. The prefeasibility study was a very positive step in its progression toward a development decision and was the first economic analysis by any REE company. A new resource and reserve estimate incorporating winter drilling is pending and pilot plant metallurgy will commence when bulk sample material is produced from this summer’s drill program. I publicly covered Avalon in September 2008 at $1.00; it subsequently went as low as 51 cents with tax loss selling in mid December 2008, reached an all time high of $4.24 about 10 months ago, and closed today at $2.70. I am bullish on Avalon’s long term prospects." |
PRINT THIS PAGE
EMAIL THIS PAGE
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
"We expect PGLC's Relief Canyon site to be meaningfully advanced in 2016." (12/16/15) Pershing Gold Corp. - Heiko Ihle, Rodman & Renshaw More >
"ICG continues to stand out as one of the most active junior exploration companies globally." (12/9/15) Integra Gold Corp. - Michael Gray, Macquarie Equity Research More >
"We are initiating coverage on NMI with a Buy rating." (12/9/15) Newmarket Gold Inc. - Heiko Ihle, Rodman & Renshaw More >
"TV's mill throughput was up 19% MOM; zinc recovery improved by 9%." (12/9/15) Trevali Mining Corp. - Joseph Gallucci, More >
"THO pays a good dividend and produces at the lowest quartile costs." (12/9/15) Tahoe Resources Inc. - Gwen Preston, Resource Maven More >