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 >
RBY: Staying the Course
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DANIEL EARLE, Newcrest, TD Securities
(02/15/2011)
"We believe the resource methodology described in RBY's NI 43-101 technical report is consistent with the practices employed by others elsewhere in the Red Lake camp. . .We generate our target price of $10/share from 1.5x our corporate NAV5%, which we calculate using a US$1,000/oz. gold price and a modeled share base that incorporates the equity dilution associated with project financing. . .[and] believe that Rubicon deserves a premium multiple to account for the high-grade nature of the F2 Zone, what we view as the strong exploration potential of the property and its residency in one of the world's premier gold camps." |
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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
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