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 >
EVR: Focusing on Proven Ground
Peter Kennedy, Stockhouse
(02/25/2011)
"Everton Resources is ramping-up its drilling activity in the hope that exploration near the giant, soon-to-be producing Pueblo Viejo gold mine in the Dominican Republic will soon pay off. If the best place to find a new mine is right beside an existing one, there may be few better places to look than in the vicinity of Pueblo Viejo mine. . .Ottawa-based Everton has a basket of properties scattered around this bustling Caribbean Island. But in the next few months, the company will be focusing heavily on concessions located within spitting distance of the Barrick-operated Pueblo Viejo mine, which is a very large operation even by Barrick Gold's standards. With capital costs forecast at $3.5 billion, the open-pit mine is expected to start production early next year, churning out at least 1 Moz. gold annually. Expectations are that with 24 Moz. gold reserves and 5 Blb. zinc already outlined, Pueblo Viejo will be in production for at least 25 years, providing jobs for roughly 4,000 during the construction phase and direct employment for roughly 1,000 Dominicans when operations begin."
For more independent commentary, click here: Everton Resources EVR:TSX.V; ERV:FSE; EVRRF:OTCQX |
More Experts
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"We are initiating coverage on NMI with a Buy rating." (12/9/15) Newmarket Gold Inc. - Heiko Ihle, Rodman & Renshaw More >
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