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 >
GUY: Moving Down the Derisking Path
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BRAD HUMPHREY, Raymond James
(01/27/2011)
"Guyana Goldfields provided initial metallurgical test results from 3 composite samples from the Sulphur Rose zone on the Aranka property. . .We are encouraged by these early metallurgical results from Sulphur Rose. Highlights include: Sulphur Rose material is not refractory, similar metallurgy to that of Aurora, 30% of the gold is recovered via a conventional gravity circuit, overall recoveries (gravity plus cyanidation) came in at 91.9%. We recommend investors buy shares of Guyana Goldfields in order to benefit as it moves the Aurora project and Aranka property down the derisking path, while at the same time we also view the company as an attractive strategic takeover target given its current size, exploration potential, large and prospective land package and mining friendly jurisdiction." |
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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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