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 >
GMP Initiates Coverage of GCU
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ANDREW MIKITCHOOK, GMP Securities
(01/28/2011)
"Potential Multimillion-Ounce Discovery: The wholly owned Springpole property has, in our opinion, the potential to graduate from its currently undefined mineral potential into a multimillion-ounce resource. Our conservative estimates put the potential at greater than 4 Moz. Rapid Growth: Drilling on the Portage zone has increased the footprint of potential mineralization in the past year and continued success is expected. Permitting: Gold Canyon's valuation should get support from progress by Osisko on the Hammond Reef permitting, and specifically the permitting and draining of Mitta Lake expected in the summer of 2011. Valuation: Initiating coverage with a Buy rating and $3.90 target based on our target mineralization of 4.4 Moz. at a valuation of $100/oz. We expect visibility above this mineralization target by year-end 2011, as well as a potential to justify stronger dollar-per-ounce valuations as the PEA is delivered." |
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More Experts
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