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 >
Solid EPZ
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Exploration Insights (03/27/2011)
"Esperanza Silver recently sold its 20% interest in the San Luis gold deposit to Silver Standard for $17M (keeping a 1% NSR) bringing its cash position to $27M ($0.53/EPZ share). The company also owns the 1.2 Moz. Au Eq. resource at Cerro Jumil in Mexico, of which I estimate maybe two-thirds falls into a very good, low-cost heap-leach oxide pit. A scoping study due out later this year, undoubtedly, will be more optimistic than my assessment and will provide solid early cost and value details. EPZ also has a number of exploration projects in Peru, three of which will be drilled this year as part of its total $5M exploration budget. . .EPZ has an enterprise value of $48M, which is supported by a robust but smallish gold deposit and an aggressive exploration program run by honest and competent people." |
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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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