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 >
JP Morgan Initiates Coverage of NG
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JOHN BRIDGES, JP Morgan
(12/13/2010)
"We are initiating coverage of NovaGold with an Overweight rating and a $19 year-end 2011 price target. Nova is an exploration company with development assets in Alaska and Canada's British Columbia province. The key issue major miners are facing is a shortage of large undeveloped properties, and Nova has stakes in three such assets. We think of Nova as being a long-dated option on metal prices. Additionally, with its slate of powerful investors, the company is well placed to optimize the value of its asset base. Development-stage projects enhance metal price leverage; Nova has two. Development-stage assets offer significantly more sensitivity to metal price moves than do steady-state producers. We believe that Nova is an attractive vehicle for investors who (like us) see continued strength in the gold price. . .Donlin Creek is being developed jointly by Nova and Barrick Gold [and] Galore Creek is being developed jointly with major miner Teck." |
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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
"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 >