The Gold Report
Notable Quotes
"ROG's Burkina Faso deposit will be easy to mine, inexpensive to build and very profitable." (5/20/13) Roxgold Inc. - The Gold Report Interview with Brent Cook More >
"AMM is the kind of company an investor wants to be involved with." (5/20/13) Almaden Minerals Ltd. - The Gold Report Interview with Brent Cook More >
"ATY had some very good drill results and its VMS project is certainly economic." (5/20/13) Atico Mining Corp. - The Gold Report Interview with Brent Cook More >
"I like LYD because of its simple, low-capex project." (5/20/13) Lydian International Ltd. - The Gold Report Interview with Brent Cook More >
"TMM released record production of 28.3 Koz Au for the quarter." (5/8/13) Timmins Gold Corp. - Joseph Fazzini, Dundee Capital Markets More >
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Experts Commenting on This Company
- Don Blyth
- Steven Butler
- Cosmos Chiu
- David Christensen
- Gregory Dorsey
- Daniel Earle
- Ian Gordon
- Tony Hayes
- John Hayes
- Brad Humphrey
- Louis James
- Eric Lemieux
- Ivan Lo
- Jamie Mackie
- Mike Parkin
- Steve Parsons
- Marc Robinson
- Michael Siperco
- Kerry Smith
- Anita Soni
- John Stephenson
- Peter Vermeulen
- Stephen Walker
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Detour Gold Corp.TICKER: DGC:TSX
Detour Gold Corp. is an emerging mid-tier gold producer in Canada. The Detour Lake open-pit mine is expected to produce an average of 657,000 ounces of gold annually over a period of 21.5 years. |
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 Comments:
Brad Humphrey, Raymond James (5/10/13) "We are maintaining our Outperform rating for Detour Gold Corp. . .the stock stands out as attractively priced at current levels, and will (in our view), outperform as it derisks the Detour Lake gold project and ultimately joins its midtier producer peer group. . .the company's size, advanced stage and stable jurisdiction lead to our valuation of Detour."
Michael Siperco, Macquarie Capital Markets (5/9/13) "Detour Gold Corp. announced revised 2013 full year production guidance of 260–320 Koz gold. . .we still believe that Detour has enough of a cash cushion to see it through the ramp in 2013 and the high capex spend in 2013/14, but would not be surprised if additional financing was put in place to solidify the balance sheet and reduce near-term risk. . .we continue to advise investors to buy the stock heading into the declaration of commercial production expected in Q3/13."
Brad Humphrey, Raymond James (5/9/13) "Detour Gold Corp. remains on target to achieve commercial production in Q3/13. . .so far in May, the company has recorded several operating days of milling in the range of 40–50 Ktpd, and design is 55 Ktpd."
Michael Siperco, Macquarie Capital Markets (4/29/13) "We visited Detour Lake to get a first-hand look at how Detour Gold Corp.'s operations were ramping up. . .the pace so far has boosted our confidence in the mine's potential. . .based on our estimates, confidence in the mill ramp-up and a relatively positive long-term outlook for gold prices, the company is a strong candidate for a rebound after the recent downturn."
Cosmos Chiu, CIBC World Markets (4/29/13) "We visited Detour Gold Corp.'s Detour Lake mine, which is in the midst of production ramp-up. . .plant availability has been key and the operating team has implemented a number of solutions (e.g., enlargement of rock boxes, mill drive programming), and early results have been positive. . .we believe the company will have adequate funds to meet its cash needs at current gold prices."
