Golden Arrow Resources Corp.
Expert Comments:
 |
Byron King, Gold Speculator
(9/20/16)
"I suspect that we'll see a strong snapback in share price for Golden Arrow Resources Corp. . .I've seen several recent analyst reports that all reach a similar conclusion about a potential tie-up with Silver Standard, which owns a smelter near a major Golden Arrow asset. . .within the next few months, I expect to see some sort of news about a deal between these two companies. It'll happen when it happens, and I suggest you own some shares when that news breaks."
|
|
|
|
 |
"Golden Arrow Resources Corp. has been a strong performer in 2016. The company, founded by the experienced Joe Grosso, has been exploring and developing precious metal projects in Argentina for over two decades. Golden Arrow's flagship asset, the Chinchillas project in Jujuy Province, looks increasingly likely to reach production by the end of 2017 thanks to a joint venture with silver heavyweight Silver Standard Resources. Once the Chinchillas joint venture begins generating cash flow (or conversely is bought outright by Silver Standard), the company will return to its roots as a prospect generator focused solely on Argentina. . . Golden Arrow's Chinchillas project is a textbook optionality play—a relatively low-grade deposit that contains over 200 million silver-equivalent ounces. One key takeaway is that this is a massive project, particularly when you consider that at least 50% of the land package has yet to be explored. An ultimate resource of 500 million silver-equivalent ounces is optimistic but not impossible." read more > |
|
|
|
|
Matt Geiger, MJG Capital
(8/1/16)
"Of our 17 current holdings, Golden Arrow Resources Corp. has been the single strongest performer in 2016. . .GRG's flagship asset, the Chinchillas Project in Jujuy Province, looks increasingly likely to reach production by the end of 2017 thanks to a JV with silver heavyweight Silver Standard. . .Golden Arrow is moderately undervalued, provides excellent leverage to continued outperformance in the price of silver, and offers exposure to an Argentinean mining boom that is just in its infancy. . .there is plenty of room for the stock to run over the coming few years."
|
|
|
|
|
| "One company positioned to benefit from an uptick in silver price is Golden Arrow Resources Corp., which recently released an updated resource estimate for its Chinchillas project in Argentina. "The updated resource estimate now also contains a maiden measured resource estimate of 17 million silver-equivalent ounces, bringing the total M&I resources to 155 million [silver-equivalent ounces]," expert Thibaut Lepouttre noted in Caesars Report in June. Lepouttre expects Chinchillas may contain "half a billion silver-equivalent ounces." read more > | |
|
|
|
 |
"Silver Standard Resources is mulling over entering into a joint venture agreement with its neighbor Golden Arrow Resources Corp. Silver Standard needs to do "something" as the Pirquitas mine will very likely have to close in the near future. There's an agreement on the table where Silver Standard can earn a 75% stake in Golden Arrow's Chinchillas silver-lead-zinc deposit, but Silver Standard rarely deals with joint venture partners, and it might want to simplify the ownership structure by acquiring 100% of Chinchillas to make sure it can mine and operate both projects as efficiently as possible." read more > |
|
|
|
|
Thibaut Lepouttre, Caesars Report
(6/2/16)
"Golden Arrow Resources has released an updated resource estimate for its Chinchillas silver project in Argentina’s Jujuy province. This updated estimate is part of the so-called pre-development activities under the agreement with Silver Standard Resources, who will have the option to acquire 75% of Chinchillas by giving up a 25% stake in its producing Pirquitas silver project, just a few dozen kilometers down the road. The updated resource estimate now also contains a maiden measured resource estimate of 17M silver-equivalent oz, bringing the total M&I resources to 155M."
|
|
|
|
|
More Expert Comments
Experts Following This Company
|
|
Matt Geiger, General Partner – MJG Capital |
|
|
Byron King, Editor – Agora Financial |
|
|
Thibaut Lepouttre, Editor – Caesars Report |
 |
Gwen Preston, Founder – Resource Maven |
The information provided above is from analysts, newsletters, the company and other contributors.
Golden Arrow Resources Corp. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.
The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.
Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
Readers should conduct their own research for all information publicly available concerning the company.
| One of the worlds largest new silver discoveries | |
| Agreement in place with Silver Standard (TSX:SSO) | |
| Chinchillas Fast-Tracked to Production |
© 2016 Streetwise Reports. All rights reserved.
Streetwise Reports is registered with the U.S. Patent and Trademark Office.
