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Mining Stocks - Latest News
Updated: Western Copper & Gold Corp
Western Copper and Gold has a huge copper/gold project in Canada (Yukon) called Casino. If they can get financing ($2.5 billion capex), and both copper and gold prices hold up, this could be a 25 bagger. If you value this as a 300,000 oz per year long... more
Updated: Evolution Mining Ltd
Evolution Mining is a solid mid tier producer. They have five producing mines in Australia and will produce 425,000 oz in 2014. They have moderate cash costs ($800 per oz). They need to improve their balance sheet with $142 million in debt. And with 7... more
Updated: Majestic Gold Corp
Majestic Gold is a small producer in China. They are currently producing 20,000 oz (they get 75%) and should reach full production of 105,000 oz in about 18 months. Their Song Jiagou flagship project in China is supposed to be a low cost mine with high... more
Updated: DELETE - Oroco Resource Corp.
Oroco Resources is another case study of why investing in gold mining stocks is so risky. They had an advanced project called Cerro Prieto that was on the verge of getting financed and developed into production. It was a 500,000 resource (M&I .7 gpt)... (stock removed)
Updated: Silver Bear Resources Plc
Silver Bear Resources has a large (125,000 acres) late stage project in Russia. Their Mangazeisky project is a 60 million oz resource of extremely high grade silver (350 gpt). And this property has very good exploration potential (18 mile corridor of... more
Updated: Mundoro Capital
Mundoro Capital is a new project generator with 9 properties in Mexico on 500,000 acres and another 8 properties in Serbia and Bulgaria. All of their properties are early exploration and they have significant plans to drill. They have $12 million in... more
Updated: Minnova Corp
Auriga Gold is a possible near-term producer – if they can get financing. Auriga wants to begin production on their Maverick property (5,000 acres) in Manitoba. However, in their March 2013 MDA, they are looking for a JV partner or to sell the project.... more
Americas Bullion Royalty
I don't especially like Americas Bullion Royalty, but they are the poster child for the dysfunction of miners. They have $35 million in cash, no debt, and are royalty play, yet they have a FD market cap of $13 million. It looks like a no-brainer 100% return unless gold prices never recover.
http://www.goldsilverdata.com/company/210-Americas-Bullion-Royalty-Corp.html
http://www.fscwire.com/newsrelease/americas-bullion-receives-final-1395-million-usd-payment-royalty-sale-completes... more
Updated: Silver Predator Corp
Silver Predator Corp. is a new company. I had high hopes for the direction they were going in. Their Taylor mine is a 20 million oz (60 gpt) silver resource on a past producing mine. The capex should be low and I expected them to do a PEA and fast track... more
Updated: Silver Range Resources Ltd
Silver Range Resources is a new spinout from Strategic Metals. They are going to help Strategic Metals explore some of their properties. The first big project is Silver Range, a district size property (100,000 acres) with 24 known areas of silver... more
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