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Crocodile Gold Corp.

TICKER: CRK:TSX; CROCF:OTCQX

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Crocodile Gold is a Canadian company with operating gold mines in the Northern Territory of Australia and a land package of over 2,700 sq. km. The company plans to produce 77,500–82,500 oz. Au in 2011. The company currently has 3.1 Moz. of NI-43-101-compliant measured and indicated resources, 2.1 Moz. inferred resources and an aggressive exploration program on its prospective land package.


The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

Canaccord Pre-Market News (1/27/12) "Crocodile Gold Corp. expects a 12–19% rise in 2012 production as its flagship Cosmo mine in Australia is expected to contribute more than 70% of the total output. It expects 2012 production at 75–85 Koz gold at a cash cost of $1,100–1,300/oz."

Gary Baschuk, Raymond James (1/23/12) "Crocodile Gold Corp. has made continued advancement at the Cosmo underground and has encouraging results from underground development; we expect the project to be in production by Q412 with initial muck in Q312. . .the company milled a total of 510,268 mt in Q411, 25% higher than our estimate."

Jay Taylor, Gold, Energy & Tech Stocks (1/16/12) "The fortunes of Crocodile Gold Corp. should improve in 2012 as it begins to mine higher-grade underground gold. I have liked this story because of its exploration potential, which I believe to be very considerable."

Jay Taylor, Gold, Energy & Tech Stocks (12/16/11) "Crocodile Gold Corp.'s exploration potential is enormous; with higher-grade underground mining, I would expect the company to start producing positive cash flows in 2012 and with that have the ability to grow organically. I would continue to view this stock as a Buy on share price weakness; the shares are still down quite a way from my initial recommendation, but they perked up a bit the other day when Luxor Capital Group initiated an offer to acquire up to 215,386,435 common shares of Crocodile. . .overall, this is a very undervalued asset even after the recent rise in price."

Celine Gano, MidnightTrader (12/14/11) "Crocodile Gold Corp. is one of today's small-cap stocks to watch. . .the company is likely go higher Wednesday and move well away from near a year low 31.5 cents after it received an offer overnight. Luxor Capital Group, a U.S.-based investment fund manager, announced that investment funds it manages intend to directly or indirectly initiate an offer to acquire up to 215,386,435 common shares of Crocodile Gold, which, together with the common shares already owned and controlled by funds managed by Luxor, would constitute approximately 85% of the outstanding common shares."

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(2/8/11)
Jay Taylor Radio


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