The Gold Report

Colossus Minerals Inc. CSI:TSX - "Serra Pelada results support our view that CSI will continue to add ounces"  

Colossus Minerals Inc. CSI:TSX - "central mineralized zone represents solid potential"  

Goldcorp Inc. G:TSX; GG:NYSE - "our preferred Tier I producer"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "[results] further indicate that there are high grades below where the F2 drilling has currently focused"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX -  "We are increasing our target from C$5.50 to C$6.50 based on a larger assumed gold endowment"  

Sandspring Resources Ltd. SSP:TSX.V - "our confidence in SSP has increased greatly"  

Sandspring Resources Ltd. SSP:TSX.V - "new Toroparu drill results increase confidence"  

Goldcorp Inc. G:TSX; GG:NYSE - "solid performance as Goldcorp remains top senior pick"  

Primero Mining Corp. PPP:NYSE; P:TSX - "both production and exploration continue to ramp-up"  

Primero Mining Corp. PPP:NYSE; P:TSX - "2010 was a successful exploration year"  

Morning Star Gold NL MCO:ASX - "potential for exploration to provide a multimillion-oz. resource"  

Morning Star Gold NL MCO:ASX - "underground resource at Morning Star mine is 2 Mt. @ 11.2 g/t"  

Morning Star Gold NL MCO:ASX - "excellent resource upside"  

Morning Star Gold NL MCO:ASX - "100% focus on commencing gold production at Morning Star Mine"  

Brigus Gold Corp. BRD:TSX; BRD:NYSE.A - "shares are currently undervalued"  

Timmins Gold Corp. TMM:TSX.V; TMM:NYSE.A - "M&I resources are now 25% higher"  

Commerce Resources Corp. CCE:TSX.V; D7H:FSE; CMRZF:OTCQX - "[Eldor] project is moving in the right direction"  

Esperanza Resources EPZ:TSX.V - "[San Luis is] so rich, you and I could mine this rock for a profit"  

Crocodile Gold Corp. CRK:TSX; CROCF:OTCQX - "Cosmo should significantly lower cash costs"  

Sulliden Gold Corp. SUE:TSX; SDDDF:OTCQX - "we expect near-term expansion and rapid derisking at Shahuindo"  

Sulliden Gold Corp. SUE:TSX; SDDDF:OTCQX - "significant oxide, transitional and sulphide gold mineralization at Shahuindo"  

Crocodile Gold Corp. CRK:TSX; CROCF:OTCQX - "long-term outlook remains positive"  

Sulliden Gold Corp. SUE:TSX; SDDDF:OTCQX - "upcoming 43-101 should grow Shahuindo gold resource to >2 Moz."  

 - Many investors have become impatient with waiting for returns over the long term. Encompass Fund Founders Malcolm Gissen and Marshall Berol say they still invest for the long term, but acknowledge that the long term is now shorter than it used to be. In this exclusive interview with The Gold Report, they discuss how they choose companies for their fund and a new way to play the rare earths sector.  

 - Malcolm Gissen and Marshall Berol see uranium demand, and a corresponding price increase, continuing in the coming years as more nuclear power plants come online. In this exclusive interview with The Energy Report, Malcolm and Marshall talk about a wide range of opportunities in the energy sector.   

 - "We have to wait and see how things close. . .it appears that the correction in gold may be over"  

Otis Gold Corp. TSX:OOO; OTCBB:OGLDF - " finds itself in the enviable position of being able to raise cash AND be sitting on a hot project."  

 - "Dollar's last hurrah is a great set-up for precious metals"  

Timmins Gold Corp. TMM:TSX.V; TMM:NYSE.A -  "Right place – right time"  

Great Panther Silver Ltd. GPR:TSX; GPL:NYSE.A - ". . . is profitable, it is adding to its resource and it is a very well-run company."  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "trading well below historic levels. . .unique entry point"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "The overall drill results continue to support our assumption of a higher-grade core"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX -  "F2 zone continues to demonstrate expansion potential"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX -  "in our opinion there is still exploration upside at depth and in delineating the higher-grade subzones [at F2]"  

Great Panther Silver Ltd. GPR:TSX; GPL:NYSE.A - "combined tonnage at Topia has increased by 31%"  

Great Panther Silver Ltd. GPR:TSX; GPL:NYSE.A - "we expect future exploration and expansion"  

Queenston Mining Inc. QMI:TSX -  "Drilling hits an impressive gold-copper intercept at depth in Upper Beaver."  

Premier Gold Mines Ltd. PG:TSX - "updated Hardrock NI 43-101 resource estimate 33% above our estimate"  

Goldcorp Inc. G:TSX; GG:NYSE - "exploration potential at Cerro Negro remains compelling"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "one of our preferred junior silver producers. . .cheapest silver producer in our coverage universe "  

Primero Mining Corp. PPP:NYSE; P:TSX - "one of our preferred junior producers"  

Detour Gold Corp. DGC:TSX -  "The risk profile of the project has materially improved. . ."  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "continues to trade at a discount to the larger-cap silver producers"  

Colossus Minerals Inc. CSI:TSX - "results continued to confirm Serra Pelada's high-grade Central Mineralized zone"  

SilverCrest Mines Inc. SVL:TSX.V; STVZF:OTCQX - "overlooked silver-leveraged gold producer"  

Sulliden Gold Corp. SUE:TSX; SDDDF:OTCQX - "an ambitious 70,000 meters of drilling"  

Colossus Minerals Inc. CSI:TSX - "recent exploration demonstrates upside potential of land package"  

Northern Gold Mining Inc. NGM:TSX.V - "consolidation of Garrison project is a positive development"  

Copper Mountain Mining Corp. CUM:TSX - "expected to produce more than 100 Mlb. copper in concentrate annually"  

Alderon Iron Ore Corp. ADV:TSX; ALDFF:OTCQX - "project is ideally situated with excellent access"  

Copper Mountain Mining Corp. CUM:TSX -  "We rate CMMC's project with a much lower risk profile as compared to many other development-stage projects"  

Aberdeen International Inc. AAB:TSX - "Diversified portfolio of attractive investments"  

Aberdeen International Inc. AAB:TSX - "trading significantly below NAV and investment portfolio per share values"  

Royal Gold Inc. RGL:TSX; RGLD:NASDAQ - "there is more to come in 2011 with revenue from several new mines"  

Extorre Gold Mines Ltd. XG:TSX; XG:NYSE.A; E1R:FSE - "raising target price to reflect higher value for exploration properties"  

Royal Gold Inc. RGL:TSX; RGLD:NASDAQ - "set to produce free cash flow with a very attractive royalty pipeline"  

Royal Gold Inc. RGL:TSX; RGLD:NASDAQ - "great track record of identifying and benefiting from very high-quality assets"  

NovaGold Resources Inc. NG:TSX; NG:NYSE.A - "NG is one of those companies you can't afford not to consider"  

Golden Minerals Company AUM:TSX; AUMN:NYSE.A - "Yaxtché West has the hallmarks of a transformational discovery"  

Golden Minerals Company AUM:TSX; AUMN:NYSE.A - "Yaxtché West has the hallmarks of a potentially transformational discovery"  

Augusta Resource Corp. AZC:TSX; AZC:NYSE.A; A5R:FSE - "significant leverage to copper; LOM Cu sales almost 90% of total revenues"   

Copper Mountain Mining Corp. CUM:TSX - "significant leverage to copper. . .scarcity premium for remaining producers"  

Allied Nevada Gold Corp. ANV:TSX; ANV:NYSE.A - "reserve and resource growth set to expand at Hycroft"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "Marban drilling continues to yield significant results"  

Allied Nevada Gold Corp. ANV:TSX; ANV:NYSE.A - "Hycroft is further de-risked—increases potential for an M&A"  

Grayd Resource Corp. GYD:TSX.V - "strong potential to further increase the mineralization at Tarachi"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "results suggest ARZ can add high-margin ounces to its mine plan"  

Franco-Nevada Corp. FNV:TSX - "solid results, increased dividend"  

Franco-Nevada Corp. FNV:TSX - "acquisition of GLW improves FNV's gold price leverage"   

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "pre-feasibility study shows lower costs"  

Goldcorp Inc. G:TSX; GG:NYSE - "letter of intent with Yamana and Xstrata gives GG great optionality"   

Goldcorp Inc. G:TSX; GG:NYSE - "we believe the projects look robust"  

Kiska Metals Corp. KSK:TSX.V - "highly attractive, undervalued growth story with excellent management"  

Grayd Resource Corp. GYD:TSX.V - "La India should prove highly economic—low cost, excellent metallurgy"  

Geologix Explorations Inc. GIX:TSX - "terrific potential resource expansion through 2010 programs alone"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "unique geological settings for gold occurring in above-average concentrations"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX -  "The project has a major advantage in terms of existing infrastructure"  

 - "We are lowering our 2009, 2010 and long-term forecasts to $12/oz., $11/oz. and $10/oz. from $18.50/oz., $17/oz. and $10.50/oz., respectively. We believe silver will be held in check relative to gold primarily due to weakness in industrial demand."  

 - "Gold stocks appear to have priced in the worst scenarios yet we see room for optimism on the cost front for the first time since 2002. We expect that beta to bullion responses will return to gold shares..."  

Quest Rare Minerals Ltd. QRM:TSX.V; QRM:NYSE.A - "compelling in-situ value. . .the highest of any Canadian REE project "  

Alderon Iron Ore Corp. ADV:TSX; ALDFF:OTCQX - "Kamistiatusset project developing at a pace far above average"  

Alderon Iron Ore Corp. ADV:TSX; ALDFF:OTCQX - "a solid opportunity"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "Significant new high-grade gold intercepts from F2"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "[F2 has] high probability of delineating approximately 3.8 million ounces of gold"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE -  "strong growth profile, healthy balance sheet"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE -  "Experienced operating and management team with proven track record."  

Premier Gold Mines Ltd. PG:TSX - "successful 2010 drill program; Hardrock resources increase from 2.3–3.6 Moz."  

Detour Gold Corp. DGC:TSX - "a positive feasibility study could lead to a further re-rating of DGC shares"  

Detour Gold Corp. DGC:TSX -  "With a major milestone expected in Q2/10, we believe a positive feasibility study could lead to a re-rating of DGC shares"  

Orvana Minerals Corp. ORV:TSX - "offers superior opportunity for exposure to growth"  

Continental Gold Ltd. CNL:TSX - "extraordinary high-grade resource; multiple targets will keep fiesta going"  

Colossus Minerals Inc. CSI:TSX - "additional discovery of bonanza-grade zones likely at Serra Pelada"  

Continental Gold Ltd. CNL:TSX - "resource of +3 Moz. will be quality grade; ensure long-life production"  

Sandspring Resources Ltd. SSP:TSX.V - "Site visit confirms substantial potential at Toroparu, Guyana"  

Musgrove Minerals Corp. MGS:TSX; MGSGF:OTCQX - "Empire Mine project looks quite promising, should carry even more value"  

Colombian Mines Corp. CMJ:TSX.V - "Yarumalito will provide the base but El Dovio will provide excitement"  

Colombian Mines Corp. CMJ:TSX.V - "financing may allow CMJ to quickly advance El Dovio exploration"  

Orvana Minerals Corp. ORV:TSX - "production has started at its new Don Mario mine"  

Great Panther Silver Ltd. GPR:TSX; GPL:NYSE.A - "2010 revenue and operations earnings were up 40% and 60%"  

Rio Alto Mining Ltd. RIO:TSX.V; RIO:BVL; RIOAF:OTCQX - "new oxide gold zone at the La Arena project"  

Great Panther Silver Ltd. GPR:TSX; GPL:NYSE.A - "total resources increased from ~10 Moz. Ag Eq. to over 18 Moz. Ag Eq."  

Rio Alto Mining Ltd. RIO:TSX.V; RIO:BVL; RIOAF:OTCQX - "acquires 100% of La Arena"  

Brigus Gold Corp. BRD:TSX; BRD:NYSE.A - "do not overlook BRD's growth potential"  

Brigus Gold Corp. BRD:TSX; BRD:NYSE.A - "should generate nice revenues over the next few years"  

Brigus Gold Corp. BRD:TSX; BRD:NYSE.A - "could very well earn accolades"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "market viewed drill results positively"   

Extorre Gold Mines Ltd. XG:TSX; XG:NYSE.A; E1R:FSE - "expiry of the Santa Cruz back-in right clears the way to aggressively target this land package"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "deserves a premium multiple to account for the high-grade nature of F2"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "significant upside to the ounces estimated in the resource"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "significant, high-grade deposit markedly exceeded our modeled resource"  

Antioquia Gold Inc. AGD:TSX.V; AGDXF:OTCQX - "We were impressed with Antioquia's just-released drill results"  

Antioquia Gold Inc. AGD:TSX.V; AGDXF:OTCQX - "private placement will provide much-needed funds to advance Cisneros"  

Fire River Gold Corp. FAU:TSX.V; FVGCF:OTCQX - "continues to define resource to support near-term production"  

Fire River Gold Corp. FAU:TSX.V; FVGCF:OTCQX - "the fact that Barr stepped down is positive, as he held multiple CEO roles"  

Fire River Gold Corp. FAU:TSX.V; FVGCF:OTCQX - "significant resource growth potential and exploration blue sky"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "33 holes have a metal factor (true width times the gold grade in g/t) of 50 or higher"  

Richfield Ventures Corp. TSX.V:RVC - "extends a drill hole in high-grade zone at Blackwater"  

Crocodile Gold Corp. CRK:TSX; CROCF:OTCQX - "excellent value at current levels"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A -  "shares will be well supported by continued steady operating results at its Casa Berardi mine"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "Q410 results demonstrated a complete recovery from Q310"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "updated resource at Joanna materially adds value to Aurizon shares"  

Avion Gold Corp. AVR:TSX; AVGCF:OTCQX - "Tabakoto Project development is ahead of schedule"  

Avion Gold Corp. AVR:TSX; AVGCF:OTCQX - "Djambaye II offers flexibility in sourcing shallow mineralization"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "significant geological upside"  

B2Gold Corp. BTO:TSX; BGLPF:OTCQX - "has a full suite of growth and upside drivers"  

Inter-Citic Minerals Inc. ICI:TSX - "excellent opportunity; blue‐sky exploration potential"  

 - Many investors have become impatient with waiting for returns over the long term. Encompass Fund Founders Malcolm Gissen and Marshall Berol say they still invest for the long term, but acknowledge that the long term is now shorter than it used to be. In this exclusive interview with The Gold Report, they discuss how they choose companies for their fund and a new way to play the rare earths sector.  

 - Malcolm Gissen and Marshall Berol see uranium demand, and a corresponding price increase, continuing in the coming years as more nuclear power plants come online. In this exclusive interview with The Energy Report, Malcolm and Marshall talk about a wide range of opportunities in the energy sector.   

Commerce Resources Corp. CCE:TSX.V; D7H:FSE; CMRZF:OTCQX - "potential for a large rare earth deposit"  

 - "potential for a large rare earth deposit"  

 - "For the shorter term, we foresee some softening in the value of silver equities, as investment flow shifts from equities to ETF." (April 28, 2006)  

 - "Bullish view." (April 6, 2006)  

Pretium Resources Inc. PVG:TSX; PVG:NYSE - "significantly increased total resources at its Brucejack project"  

 - "both Gammon and Timmins raise their offers for CGC"  

 - "40% Q/Q & 12% Y/Y production growth"  

Guyana Goldfields Inc. GUY:TSX - "we expect multiple expansion and positive share price performance"  

Exeter Resource Corp. XRC:TSX; XRA:NYSE.A; EXB:FSE - "Caspiche yields strong leverage to both gold and copper"  

B2Gold Corp. BTO:TSX; BGLPF:OTCQX - "significant increase in reserves and resources at Limon and La Libertad"  

Colossus Minerals Inc. CSI:TSX - "some of the best platinum/palladium mineralization to date"  

Colossus Minerals Inc. CSI:TSX - "über precious metal grades in Brazil"  

Allied Nevada Gold Corp. ANV:TSX; ANV:NYSE.A - "2011 mining guidance includes 141% increase in the amount of ore mined"  

B2Gold Corp. BTO:TSX; BGLPF:OTCQX - "successfully moved La Libertad into full production"  

B2Gold Corp. BTO:TSX; BGLPF:OTCQX - "new Jabali resource could be the tip of the iceberg"  

Guyana Goldfields Inc. GUY:TSX - "potential to become a major mine in a mining-friendly country"  

First Majestic Silver Corp. FR:TSX; AG:NYSE; FMV:FSE - "acquisition increases our. . .our target price to $4.00. We maintain our OUTPERFORM recommendation"  

Apollo Gold Corporation APG:TSX; AGT:NYSE.A -  "a unique combination of production and upside, all at a very attractive valuation "  

B2Gold Corp. BTO:TSX; BGLPF:OTCQX - "high-grade resource addition at La Libertad moves the needle"  

B2Gold Corp. BTO:TSX; BGLPF:OTCQX - "stable of properties from production to greenfield; growing production base"  

Primero Mining Corp. PPP:NYSE; P:TSX - "strong sales boost Q4 results"  

Minefinders Corp. MFL:TSX; MFN:NYSE - "higher production was driven by improved grades"  

 - "Gold closed above US$670 per ounce in New York on speculation that a slowing US economy may keep the Federal Reserve from raising interest rates, thus weakening the dollar and boosting the appeal of precious metals as alternative investments."(8/7/07)  

 - "Gold closed above US$670 per ounce in New York on speculation that a slowing US economy may keep the Federal Reserve from raising interest rates, thus weakening the dollar and boosting the appeal of precious metals as alternative investments."(8/7/07)  

 - "Gold recorded a weekly gain of 5.0%, closing at US$663.25." (July 17, 2006)  

 - "A potential slide in the U.S. dollar and political tensions in the Middle East remain the chief drivers for strong performance in 2006." (April 17, 2006)  

Premium Exploration Inc. PEM:TSX.V; PMMEF:OTCQX - "very positive results for Friday-Petsite deposit"  

Continental Gold Ltd. CNL:TSX - "high probability of future success in defining a significant resource base at Buritica"  

Richfield Ventures Corp. TSX.V:RVC - "results show continuity between grade shell estimates; potential to add ounces"  

Gold Canyon Resources Inc. GCU:TSX.V - "if higher grade mineralization continues, GCU can expect to add a lot of ounces very quickly"  

Continental Gold Ltd. CNL:TSX - "simply put—the latest results are impressive"  

Premier Gold Mines Ltd. PG:TSX - "Hardrock resource shoots past our expectations; ~42% greater"  

Gold Canyon Resources Inc. GCU:TSX.V - "most holes at Springpole have higher-grade intervals within large intervals"  

Richfield Ventures Corp. TSX.V:RVC - "aggressive 2011 drill program has potential to significantly increase resources"  

Gold Canyon Resources Inc. GCU:TSX.V - "aggressively upgrading/expanding Springpole resources"  

Colossus Minerals Inc. CSI:TSX - "Our positive outlook for . . .is warranted, based on management's ability to fast-track the delineation of resources at Serra Pelada. . ."  

Augusta Resource Corp. AZC:TSX; AZC:NYSE.A; A5R:FSE - "attractive takeover target given its low-risk, high-quality bolt-on production"  

Augusta Resource Corp. AZC:TSX; AZC:NYSE.A; A5R:FSE -  "provides investors with access to a premier copper project situated in a sound political environment requiring limited infrastructure"  

Grayd Resource Corp. GYD:TSX.V - "recently discovered Tarachi prospect has the potential to move Grayd up to the next tier"  

Allied Nevada Gold Corp. ANV:TSX; ANV:NYSE.A - "we are encouraged by Allied's production update"  

Allied Nevada Gold Corp. ANV:TSX; ANV:NYSE.A - "increased reserves, much lower capital costs for Hycroft project"  

Richfield Ventures Corp. TSX.V:RVC - "well positioned to drive its valuation"  

Timmins Gold Corp. TMM:TSX.V; TMM:NYSE.A - "San Francisco drilling continues to intersect near-surface mineralization"  

Franco-Nevada Corp. FNV:TSX - "acquisition of GLW boosts diversification, leverage to gold and PGM prices"  

Primero Mining Corp. PPP:NYSE; P:TSX - "attractive value; potential for growth through organic expansion"  

Primero Mining Corp. PPP:NYSE; P:TSX - "exploration results and the Aranza vein indicate continued growth"  

Exeter Resource Corp. XRC:TSX; XRA:NYSE.A; EXB:FSE - "test work returned encouraging results"  

Copper Mountain Mining Corp. CUM:TSX - "delivery of copper concentrate this summer remains unaffected [by Japan's earthquake"  

Exeter Resource Corp. XRC:TSX; XRA:NYSE.A; EXB:FSE - "combined oxide/sulfide PFS of greater importance in assessing overall project"  

Copper Mountain Mining Corp. CUM:TSX - "construction progress, near-term production should create upside"   

Extorre Gold Mines Ltd. XG:TSX; XG:NYSE.A; E1R:FSE - "outlined a zone of mineralization that remains open in all directions"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "New discovery at Caylloma adds new dimension to the mine"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "potential for world-class, long-life asset at depth"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "well on its way to developing water and power resources for mill"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "results highlight potential [for] additional 'F2 Zone targets'"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "This hole is significant for the company"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "good leverage and growth"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "construction on schedule and budget for completion in Q311"  

Minefinders Corp. MFL:TSX; MFN:NYSE - "continues to trade at attractive levels"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "We have incorporated slightly higher silver recoveries for the remainder of this year"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "significant potential return from current levels"  

Guyana Goldfields Inc. GUY:TSX - "buy shares as GUY derisks Aurora and Aranka"  

Guyana Goldfields Inc. GUY:TSX - "size, potential and mining-friendly jurisdiction"  

Guyana Goldfields Inc. GUY:TSX - "Raymond James 'Top Pick'"  

Guyana Goldfields Inc. GUY:TSX - "in the 'sweet spot' of typical development company lifecycle"  

Rodinia Lithium Inc. RM:TSX.V; RDNAF:OTCQX - "being the sole claimant on Salar de Diablillos is a major positive factor in this story"  

Rodinia Lithium Inc. RM:TSX.V; RDNAF:OTCQX - "Salar de Diablillos. . .a superior lithium property"  

Rodinia Lithium Inc. RM:TSX.V; RDNAF:OTCQX - "there is significant upside to Rodinia's valuation"  

Great Western Minerals Group Ltd. GWG:TSX.V; GWMGF:OTCQX - "Steenkampskraal. . .is high grade, and should produce good amounts of heavy REEs"  

Great Western Minerals Group Ltd. GWG:TSX.V; GWMGF:OTCQX - "one of the highest-quality rare earth stories in the entire industry"  

Copper Mountain Mining Corp. CUM:TSX - "will command a premium valuation as production startup approaches"  

Copper Mountain Mining Corp. CUM:TSX - "to produce 108 Mlb. Cu/yr. in first 5 years of 17-year mine life"  

Copper Mountain Mining Corp. CUM:TSX - "drilling continues to identify resource-expansion potential"  

Copper Mountain Mining Corp. CUM:TSX - "Preproduction mining activities are ready to begin"  

Copper Mountain Mining Corp. CUM:TSX - "drilling reveals potential higher-grade starter-pit material"   

Goldcorp Inc. G:TSX; GG:NYSE - "We expect production of 612 Moz. gold at total cash costs of $340/oz."  

Gold Fields Ltd. GFI:NYSE - "already pre-released Q410 production guidance of 895 Moz."  

Goldcorp Inc. G:TSX; GG:NYSE - "gold output is forecast to rise to 4.0 Moz. by 2015"  

Royal Gold Inc. RGL:TSX; RGLD:NASDAQ - "solid Q211 EPS on higher-than-expected royalty revenue"  

 - "several royalty-covered mines ramping up to full production"  

Minefinders Corp. MFL:TSX; MFN:NYSE - "to fund future expansion and mill construction at Dolores with offering proceeds"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "a steady junior gold producer"  

Kiska Metals Corp. KSK:TSX.V - "strong exploration upside"  

Kiska Metals Corp. KSK:TSX.V - "We are increasing our rating to Strong Buy (from Outperform)"  

Kiska Metals Corp. KSK:TSX.V - "KSK is in the early innings of defining a series of bulk tonnage discoveries"  

Kiska Metals Corp. KSK:TSX.V - "strong exploration upside"  

Kiska Metals Corp. KSK:TSX.V - "impressive results from Raintree West"  

Timmins Gold Corp. TMM:TSX.V; TMM:NYSE.A - "continues to ramp toward production target of >100 Koz./year gold"  

Timmins Gold Corp. TMM:TSX.V; TMM:NYSE.A - "results highlight exploration upside of area adjacent to San Francisco"  

Timmins Gold Corp. TMM:TSX.V; TMM:NYSE.A - "higher grades are being consistently intersected at San Francisco"  

Timmins Gold Corp. TMM:TSX.V; TMM:NYSE.A - "successfully achieved profitability at San Francisco in 2010"  

Timmins Gold Corp. TMM:TSX.V; TMM:NYSE.A - "could receive TSX listing as soon as the end of the week"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "new Phoenix resource estimate provides clarity"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "proven reserves more than replace last year's estimate"  

Minefinders Corp. MFL:TSX; MFN:NYSE - "exploration highlights opportunities at Dolores and La Virginia"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "Marban results are positive"  

Minefinders Corp. MFL:TSX; MFN:NYSE - "MFL has silver exposure, increased cash position"  

Allied Nevada Gold Corp. ANV:TSX; ANV:NYSE.A - "looks to be a defining year for ANV as it builds its efforts at Hycroft"  

Crocodile Gold Corp. CRK:TSX; CROCF:OTCQX - "trading substantially below its intrinsic value"  

Great Panther Silver Ltd. GPR:TSX; GPL:NYSE.A - "San Ignacio is an important new exploration area"  

Esperanza Resources EPZ:TSX.V - "outcrop sampling yielded high silver grades at Colqui Orcco project"  

Esperanza Resources EPZ:TSX.V - "Cerro Jumil is a desirable project that is poised to become a mine"  

Great Panther Silver Ltd. GPR:TSX; GPL:NYSE.A - "strong liquidity position, attractive valuation"  

Rubicon Minerals Corp. RBY:NYSE.A; RMX:TSX - "Share price may be poised for a renewed climb"  

Midland Exploration Inc. MD:TSX.V - "has quality projects in a stable jurisdiction and is poised for discoveries"  

Midland Exploration Inc. MD:TSX.V - "aggressive project-generation capability and strategy"  

Midland Exploration Inc. MD:TSX.V -  "We believe exploration potential is very good for this early stage project"  

Detour Gold Corp. DGC:TSX -  "management is developing a gold project based on solid and balanced foundations"  

Detour Gold Corp. DGC:TSX -  "solid gold project"  

Primero Mining Corp. PPP:NYSE; P:TSX - "increase in resources is significant"  

Primero Mining Corp. PPP:NYSE; P:TSX - "mill throughput increased steadily"  

Primero Mining Corp. PPP:NYSE; P:TSX - "a strong re-rating candidate"   

 - "We are still bullish on gold into 2007 . . . ." (September 18, 2006)  

 - "Similar to the oil sector in 2003-2004, we believe long-term pricing or sustainability assumptions may be shifting in the metals." (April 19, 2006)  

South American Silver Corp. SAC:TSX; SOHAF:OTCBB - "resource growth should help Malku Khota become a top-five silver producer"  

Avion Gold Corp. AVR:TSX; AVGCF:OTCQX - "record production and inventory sales spur record revenue"  

South American Silver Corp. SAC:TSX; SOHAF:OTCBB - "three rigs likely to boost resources by >25% at Malku Khota in 2011"  

Vista Gold Corp. VGZ:NYSE.A; VGZ:TSX - "Mt. Todd provides extreme leverage to gold and US$/AUD$ rate"  

Avion Gold Corp. AVR:TSX; AVGCF:OTCQX - "six new zones of mineralization at Burkina Faso"  

Copper Mountain Mining Corp. CUM:TSX - "mine remains on schedule to commence production in June 2011"  

Copper Mountain Mining Corp. CUM:TSX - "continuity of mineralization confirmed"  

Copper Mountain Mining Corp. CUM:TSX - "we are increasing our target price to CAD$8.60"  

Copper Mountain Mining Corp. CUM:TSX - "continue to hold shares as CUM progresses to first production"  

Guyana Goldfields Inc. GUY:TSX -  "share price has performed well (+28%) since releasing its Preliminary Assessment on the Aurora project"  

Guyana Goldfields Inc. GUY:TSX -  "one of our emerging names that holds a 'strategic' asset"  

Geologix Explorations Inc. GIX:TSX - "new resource estimate increases Tepal by 54%"  

Kiska Metals Corp. KSK:TSX.V - "excellent potential for additional discoveries"  

Kiska Metals Corp. KSK:TSX.V - "exploration potential surrounding the Whistler deposit remains high"  

Kiska Metals Corp. KSK:TSX.V - "Raintree, Whistler get bigger; new higher-grade zone emerges at Island Mountain"  

Kiska Metals Corp. KSK:TSX.V - "trades well below the average"  

Alderon Iron Ore Corp. ADV:TSX; ALDFF:OTCQX - "size of Kami resource likely increases exploration potential"  

Alderon Iron Ore Corp. ADV:TSX; ALDFF:OTCQX - "Kami is placed to perfection; attractive mass recovery potential"  

Revolution Resources Corp. RV:TSX; RVRCF:OTCQX - "expanded land package from 800–5,000 acres"  

Revolution Resources Corp. RV:TSX; RVRCF:OTCQX - "increases land package to 7,500 acres (30 km2)"  

Esperanza Resources EPZ:TSX.V - "Expanding on Cero Jumil's 1 Moz. gold, 4 Moz. silver PEA"  

Esperanza Resources EPZ:TSX.V - "strategically invests in an advanced-stage Ag/Cu project in Slovakia"  

Evolving Gold Corp. EVG:TSX; EVOGF:OTCQX; EV7:FSE - EVG Completes 63-Hole, 20,000m Drill Program  

Argonaut Gold Inc. AR:TSX - "buy now or have regrets"  

Argonaut Gold Inc. AR:TSX - "El Castillo expansion nearly complete; San Antonio likely to grow further"  

Argonaut Gold Inc. AR:TSX - "El Castillo resource update and Q410 production exceed our estimates"  

Argonaut Gold Inc. AR:TSX - "poised for rerating due to expected increases in Au resource and production at El Castillo"  

Argonaut Gold Inc. AR:TSX - "AR has announced an all share deal to acquired Pediment Gold"  

Minefinders Corp. MFL:TSX; MFN:NYSE - "Dolores Q111 operating results are well above expectations"   

Timmins Gold Corp. TMM:TSX.V; TMM:NYSE.A - "particularly strong results from its San Francisco mine"  

Timmins Gold Corp. TMM:TSX.V; TMM:NYSE.A - "Sprott Asset Management votes in favor of TMM offer over GAM"  

SilverCrest Mines Inc. SVL:TSX.V; STVZF:OTCQX - "highly encouraging first-phase drill results at La Joya"  

Minefinders Corp. MFL:TSX; MFN:NYSE - "has turned the corner at Dolores, warrants a recommendation upgrade"  

Richfield Ventures Corp. TSX.V:RVC - "New Gold's offer confirms the quality of, and interest in, the Blackwater property."  

Gold Canyon Resources Inc. GCU:TSX.V - "drilling continues to delineate Portage and define a higher-grade core"  

Gold Canyon Resources Inc. GCU:TSX.V - "range of recoveries confirm and improve historical results"  

Richfield Ventures Corp. TSX.V:RVC - "millions of ounces in sight"  

Gold Canyon Resources Inc. GCU:TSX.V - "potential multimillion-ounce discovery at Springpole"  

 - "The base metals were down 17% on average quarter over quarter; with declines particularly sharp since early September. Even gold was not immune to the broader impact of the ongoing credit 'crunch'."   

 - "Since we cannot predict when and what the next catalyst will be to propel gold above US$$1,000/oz., we have tempered our 2008 gold forecast to US$940 from US$975, implying an H2/08 average of US$970 per ounce." (7/21/08)  

 - "Precious Metals were the star performers in Q1/08, with gold and silver appreciation driven by global liquidity concerns and the definite possibility of a U.S. recession. Gold shone with its traditional appeal as a hedge against inflation and economic uncertainty, rising 17% quarter over quarter." (4/3/08)  

 - "Our gold price forecast for 2008 of US$820 per ounce reflects our thesis that the US dollar will continue to decline against major currencies predicated on continued economic uncertainty in the US." (1/15/08)  

 - "Many projects in the resource sector are expected to experience material capital cost increases, especially those with estimates that are more than a year out of date."(12/10/07)   

Geologix Explorations Inc. GIX:TSX - "could begin production in early 2014: Strong Buy recommendation"   

Kiska Metals Corp. KSK:TSX.V - "on track to add significant resources over the next 12–24 months"  

Kiska Metals Corp. KSK:TSX.V - "significant potential for additional resources over next 12–24 months"  

Century Mining Corp. CMM:TSX.V - "CEO Daniel Major brings 25 years of experience to Century"  

Crocodile Gold Corp. CRK:TSX; CROCF:OTCQX - "we strongly believe significant potential remains to increase the mineable resource base"  

Gold Fields Ltd. GFI:NYSE - "facilities, cash flow from operations will fund growth"  

Gold Fields Ltd. GFI:NYSE - "the best performer from the SA majors"  

Brigus Gold Corp. BRD:TSX; BRD:NYSE.A - "Black Fox project. . .to step up to 90,000–100,000 oz. in 2010"  

Linear Gold Corp. TSX:LRR - "should emerge immediately as a growing junior to mid-tier gold producer"  

Apollo Gold Corporation APG:TSX; AGT:NYSE.A - "proposed combination. . .enhances fundamental value and mitigates operating risk"  

Apollo Gold Corporation APG:TSX; AGT:NYSE.A -  "timing for increasing production may be just right"  

Apollo Gold Corporation APG:TSX; AGT:NYSE.A -  "We are impressed with the prospects for success. . ."  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "good quarter; outlook intact"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "FVI continues to prove itself as a solid mine operator"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "rapidly growing production profile"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "high-quality junior with rapidly growing production profile"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "results are encouraging"  

 - "Orion Project has potential to add 50 Koz. AuEq per year by 2013"  

First Majestic Silver Corp. FR:TSX; AG:NYSE; FMV:FSE - "can significantly increase its silver production"  

Minefinders Corp. MFL:TSX; MFN:NYSE - "MFN reported record production of gold and silver"  

Minefinders Corp. MFL:TSX; MFN:NYSE - "positive changes on many fronts"  

Minefinders Corp. MFL:TSX; MFN:NYSE - "beat 2010 gold production forecast"  

Augusta Resource Corp. AZC:TSX; AZC:NYSE.A; A5R:FSE - "Rosemont has the size and the attributes to be of strategic interest"  

Geologix Explorations Inc. GIX:TSX - "Tepal represents open-pittable Au-Cu porphyry deposit with robust economics"  

Sulliden Gold Corp. SUE:TSX; SDDDF:OTCQX - "Shahuindo drilling continues to deliver; many 2011 catalysts to come"  

Sulliden Gold Corp. SUE:TSX; SDDDF:OTCQX - "2011 drilling continues to demonstrate resource-addition potential"  

Detour Gold Corp. DGC:TSX - "drill results show continuity of mineralization"   

Allied Nevada Gold Corp. ANV:TSX; ANV:NYSE.A - "strong leverage to gold and silver; production expected to strengthen"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "poised to become the peer leader in production growth and cash costs"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "San Jose will become a robust operation in the near future"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "we are confident that the company will be able to extract value from San Jose"  

Fortuna Silver Mines Inc. FSM:NYSE; FVI:TSX; FVI:LMA; F4S:FSE - "the market is anxiously awaiting release of the [San Jose] study "  

Evolving Gold Corp. EVG:TSX; EVOGF:OTCQX; EV7:FSE - "2010 assays at Rattlesnake continue to show positive results"  

Commerce Resources Corp. CCE:TSX.V; D7H:FSE; CMRZF:OTCQX - "Ashram zone is one of the world's largest NI 43-101 REE deposits outside of China"  

Apella Resources Inc. APA:TSX.V; APAFF:OTCQX - "estimate covers only a small portion of the mineral-bearing complex"  

Strathmore Minerals Corp. STM:TSX; STHJF:OTCQX - "in solid cash position with ~$25.5M, or $0.29/share, in the bank"  

Rio Alto Mining Ltd. RIO:TSX.V; RIO:BVL; RIOAF:OTCQX - "The deal allows RIO to minimize dilution. . .and avoid interest payments"  

Commerce Resources Corp. CCE:TSX.V; D7H:FSE; CMRZF:OTCQX - "highly encouraging assay results from Ashram zone drill holes"  

SilverCrest Mines Inc. SVL:TSX.V; STVZF:OTCQX -  "upside potential of 570% from the current price"  

Alderon Iron Ore Corp. ADV:TSX; ALDFF:OTCQX - "Kami update shows that the next resource goal is well within reach"  

Alderon Iron Ore Corp. ADV:TSX; ALDFF:OTCQX - "property, location and excellent access to infrastructure"  

 - "Unlike 2006 where the majority of uranium focused equities delivered triple digit returns, 2007 looks to be more about picking your spots for exposure to the commodity rather than investing in a basket of names..."(2/14/07)   

 - "Huge amount of cash flow." (June 22, 2006)  

Pinetree Capital Ltd. PNP:TSX - "investors should take advantage of the 17.5% discount to NAV"  

Pinetree Capital Ltd. PNP:TSX - "we believe it is a strong proxy for the junior resource sector"  

Pinetree Capital Ltd. PNP:TSX - "good investment to play the junior resource sector with stronger liquidity"  

Primero Mining Corp. PPP:NYSE; P:TSX - "reserves at San Dimas now stand at record levels"  

Detour Gold Corp. DGC:TSX - "initial development work at Detour Lake has begun"  

Primero Mining Corp. PPP:NYSE; P:TSX - "potential for resource additions"   

Detour Gold Corp. DGC:TSX - "we expect additional risk lowering, ongoing exploration success"  

Northern Gold Mining Inc. NGM:TSX.V - "deposits lie in one of the world's most-prolific gold-producing areas"  

 - "deposits lie in one of the world's most prolific gold-producing areas"  

Sandspring Resources Ltd. SSP:TSX.V - "potential for doubling the current resource"  

Brigus Gold Corp. BRD:TSX; BRD:NYSE.A - "underground drilling targeting high-grade intercepts to begin in Q311"  

Sulliden Gold Corp. SUE:TSX; SDDDF:OTCQX - "results from first 5,000m in 2011 yield solid results"  

Brigus Gold Corp. BRD:TSX; BRD:NYSE.A - "underground services undergoing final connection and commissioning"  

Brigus Gold Corp. BRD:TSX; BRD:NYSE.A - "new mine plan suggests 104 Koz. gold in 2011; we're currently modeling 110 Koz."  

Detour Gold Corp. DGC:TSX - "reserves keep on growing"  

Goldcorp Inc. G:TSX; GG:NYSE - "one of the most attractive production growth profiles of the majors"  

Goldcorp Inc. G:TSX; GG:NYSE - "reserves up 23%, shows value at Cerro Negro"  

Franco-Nevada Corp. FNV:TSX - "leveraged, reduced-risk alternative to the ETF"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "renewed or increased mineral reserves for four consecutive years"  

Aurizon Mines Ltd. ARZ:TSX; AZK:NYSE.A - "continued drilling program will likely add to the quality and size of the resource"  

Allied Nevada Gold Corp. ANV:TSX; ANV:NYSE.A - "M&I gold resources jumped 128% and silver jumped 225%"  

Queenston Mining Inc. QMI:TSX - "we're keen on both Upper Beaver and QMI's overall property portfolio"  

Continental Gold Ltd. CNL:TSX - "two new high-grade subzones"  

Continental Gold Ltd. CNL:TSX - "drill results continue to reinforce confidence in both grade and continuity"  

Continental Gold Ltd. CNL:TSX - "remains one of the premier, pure gold-exploration vehicles around today"