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News from February 2014

02/27/2014
Analysis  
Added: Falco Resources Ltd
Falco Pacific Resource Group is a project generator with a very large property (Noranda Gold Camp) in Quebec on 175,000 acres. The Noranda Gold Camp has 14 past producing mines that produced 19 million oz of gold. That is a lot of gold. If they can find...  more
02/26/2014
Analysis  
Updated: Tembo Gold Corp
Tembo Gold is a new company with a large project (25,000 acre Tembo property) in Tanzania. They have just begun drilling (192 holes) a known area with high grade surface mineralization. There are 6 operating mines in the area, including a 20 million oz...  more
02/25/2014
Analysis  
Updated: Golden Arrow Res Corp.
Golden Arrow Resources is an early project generator in northern Argentina. They have 30 projects, but only one has been drilled: the Chinchilla silver project. This could be their ticket to growth. It is near the large Silver Standard Pirquitas mine...  more
02/25/2014
Analysis  
Updated: DELETE - Westmountain Gold Inc
Westmountain Gold is an exciting company. They obtained the Terra Project in Alaska in 2011 and are already mining it. They have $3 million in debt, but they recently received a private placement for $10 million (it closes over 24 months). The Terra...  more
02/23/2014
Analysis  
Updated: Euro Sun Mining Inc
Carpathian Gold is a near term producer. There is a lot to like about this company, but it is a high risk speculation stock because they have a lot of debt ($135 million). For starters it is highly undervalued with a FD market cap of $37 million. It...  more
02/23/2014
Analysis  
Updated: Radius Gold Inc
Radius Gold is a project generator in Mexico, Guatemala and Nicaragua. They recently sold their advanced projects for $20 million and are now starting over. They do have a JV with Fortuna in Mexico (Tlacolula), and two more with B2Gold in Nicaragua (San...  more
02/23/2014
Analysis  
Updated: Erdene Resource Development Corp.
Erdene Resource Development is an early player in Mongolia. A country with a significant amount of natural resources. They have two projects that should make it into production. Their Altan Nar gold project is still early exploration, but they have found...  more
02/22/2014
Analysis  
Updated: Goldmining Inc
Brazil Resources is a new company. They have a good management team with influential people on the board. Their stated focus is to acquire advanced stage projects and bring them into production. In 2012, they acquired the Cachoeira project. After their...  more
02/22/2014
Analysis  
Updated: Kilo Goldmines Ltd
Kilo Goldmines is high risk speculation stock. However, they appear to have a lot of gold on their properties (150,000 acres). They have already defined 1.7 million ounces (2.5 gpt) at their shallow open pit Imbo project. Plus they have many targets to...  more
02/22/2014
Analysis  
Updated: Pershing Gold Corp
Pershing Gold is a new company. They have three projects in Nevada. One is a past producing mine (Relief Canyon) that they are planning to resume production in 2015 or 2016. They will release a PEA in 2014. Relief Canyon has a permitted and operational...  more
02/21/2014
Analysis  
Updated: Hecla Mining Company
Hecla Mining has three long life high grade (10 oz per ton) low cost silver mines. They will produce 10 million oz of silver in 2014 at cash costs around $7 per oz. Plus, two of those mines (Greens Creek and Casa Berardi will produce 180,000 oz of gold....  more
02/21/2014
Analysis  
Updated: Minera IRL Ltd
Minera IRL is an undervalued small producer, with mid-tier potential. It is high risk, because they need to acquire $175 million for the capex of their flagship project (Ollachea in Argentina). They have been producing gold in low quantities (25,000 oz...  more
02/20/2014
Analysis  
Updated: Anglogold Ashanti Ltd.
AngloGold Ashanti is one of the largest majors. They are also one of the most undervalued. In fact, they have a 2.5 rating, which is rare for a major. The key for this company is reducing their debt ($3.9 billion) and avoiding political issues in S....  more
02/16/2014
Analysis  
Updated: Coeur Mining Inc
Coeur d Alene Mines has underperformed since 2006. They have to reach $70 per share just to get back to where the share price traded in 2006. Today the stock is trading at $11. However, they now have their debt under control (although still $300 million)...  more
02/16/2014
Analysis  
Updated: Monument Mining Ltd.
Monument Mining is an emerging mid-tier producer. They will produce 50,000 oz in 2014 (2 gpt at $500 cash costs) and they have a FD market cap of $101 million. They appear to be a 5 bagger long term, with production likely expanding to 150,000 oz in the...  more
02/16/2014
Analysis  
Updated: Silver Lake Resources Ltd..
Silver Lake Resources is a growing mid-tier producer in Australia. They have three solid projects (6 million oz) and over 1 million acres of exploration properties. Production is likely to double from 200,000 oz in 2014 to 400,000 oz around 2017 or 2018....  more
02/15/2014
Analysis  
Updated: Mcewen Mining Inc
McEwen Mining is a mid-tier silver and gold producer. In 2014, they will produce 3 million oz of silver and 75,000 oz of gold. By 2017, that will increase to 9 million oz of silver and 150,000 oz of gold. Thus, by 2017 they should be producing somewhere...  more
02/15/2014
Analysis  
Updated: Scorpio Gold Corp
Scorpio Gold is a small producer in Nevada (production began in 2011). The have a FD market cap of $36 million and are a likely 3 bagger long term at higher gold prices. Their problem is growth and limited resources (currently around 500,000 oz). They...  more
02/15/2014
Analysis  
Updated: St Barbara Ltd
St. Barbara is a mid-tier gold producer based in Australia. They have four producing mines. Leonora and King Hills in Australia at 240,000 oz. Simberi in Papau New Guinea at 80,000 oz, and Gold Ridge in the Solomon Islands at 80,000 oz. They expect to...  more
02/13/2014
Analysis  
Updated: Alexandria Minerals Corp.
Alexandria Minerals appears to be a project generator, but they claim to also be a developer. When I see a company with an advanced project and all they plan to do is drill that is a sign they have no intention of building the mine. Their main project...  more
02/11/2014
Analysis  
Updated: Jaguar Mining Inc
Jaguar Mining was a mid-tier producer in Brazil. Recently they went bankrupt from high costs and high debt. They are currently restructuring the debt and will then re-list shares. Depending on their new balance sheet, it could be a very interesting stock.  more
02/10/2014
Analysis  
Updated: Golden Queen Mining Co.
Golden Queen Mining received their final permits in 2012 and are ready to build their large Soledad project (2.4 million oz at .5 gpt and 85% recovery). The project also has 45 million oz of silver (52% recovery). Counting the silver offsets, all-in...  more
02/08/2014
Analysis  
Updated: Freegold Ventures Ltd
Freegold Ventures has two advanced large gold projects in Alaska. The combined resources of these two projects is 8 million oz. They are both economic grade surface mines, and have easy year round access. The Golden Summit project (6 million oz at .6 gpt)  more
02/08/2014
Analysis  
Updated: ValOro Resources
Geologix Exploration is highly undervalued, with a FD market cap of only $10 million. It is a potential 50 bagger, although I would like this stock a lot better if their flagship Tepal project was not so dependent on copper demand. They claim that they...  more
02/08/2014
Analysis  
Updated: Treasury Metals Inc
Treasury Metals is highly undervalued and a likely 5 bagger. They have a large (1.6 million oz at 2.5 gpt and 95% recovery) advanced stage project (Goliath) in Ontario, Canada. They are permitting it and a final feasibility study is coming in 2014. They...  more
02/07/2014
Analysis  
Updated: Gabriel Resources Ltd
Gabriel Resources has a 18 million oz (1 gpt) gold project in Romania called Rosia Montana (they own 80%). It will be the largest gold mine in Europe. However, there are several negatives with this stock. First, they are having trouble getting their...  more
02/06/2014
Analysis  
Updated: Benton Resources Inc
Benton Resources is a project generator without any advanced projects. They do have 11 properties (10 in Canada and 1 in California) and some potential. They have one JV and four other gold projects they are currently exploring. One of these five...  more
02/05/2014
Analysis  
Updated: Edgewater Exploration Ltd.
Edgewater Exploration looks like a potential 50 bagger long term. They have two advanced gold projects that both look like 100,000 oz long term producers. The Corcoesto surface project in Spain has 1.2 million oz at 1.2 gpt. They completed a feasibility...  more
02/04/2014
Analysis  
Updated: DELETE - Dalradian Resources Inc
Dalradian Resources appears to be 5 to 10 bagger. They have an excellent project in Ireland called Curraghinalt. It is a late stage project that they are currently permitting. It has 2.7 million oz (12 gpt) and they are drilling aggressively on 200,000...  more
02/04/2014
General  
Cash Cost Calculator Released
We've just released a cash cost calculator. You can find it from the "Your Account" link under "Tools & Utilities".  more


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