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Mining Stocks - Latest News
Updated: Kingsgate Consolidated Ltd
Kingsgate Consolidated is a growing mid-tier producer and a possible 20 bagger. Their market cap has dropped 80% in the past year, yet they have low cash costs ($750) and are a 220,000 oz producer. Their only red flag is $157 million in debt, but they... more
Updated: Eldorado Gold Corp
Eldorado Gold is a major and a strong company with a lot of reserves. They have been a growth oriented company with production increasing from 100,000 oz in 2006 to 750,000 oz in 2012. They have 7 operating mines and 2 more under construction, plus 4... more
Updated: Gold Fields Ltd
Gold Fields is a large major with a focus in Africa. They currently produce 2 million oz per year with high all-in costs around $1350. They should be able to expand production with 8 projects in their pipeline. The Deep South mine will add 700,000 oz in... more
Updated: DELETE - Golden Star Resources Ltd.
Golden Star Resources is an old company with 25 years of exploration experience. They are extremely undervalued with future reserves valued at $17. This makes them a potential 20 bagger. The reason for this low valuation is their current all-in costs of... more
Updated: Visible Gold Mines Inc
Visible Gold Mines has six early exploration projects in Quebec. I like this company, even though they do not yet have an advanced stage project. They are a new company, with excellent management and a skilled geologist named Robert Sansfacon. In 2011... more
Updated: Endeavour Mining Corp
Endeavor Mining is a mid-tier producer. In 2011, they had 159 million shares FD shares, and now they have 477 million. That dilution hurt the stock valuation and may have soured a few investors appetite for the stock. However, they are growing and should... more
Updated: Goldrich Mining Co
Goldrich Mining is a high risk speculation stock with significant potential. They have two large properties in Alaska (190 miles north of Fairbanks) in an existing mining district. It has significant infrastructure, but I don't think there is a road all... more
Updated: DELETE - Nautilus Minerals Inc.
Nautilus Minerals is a high risk speculation stock, however, the sky is the limit. They are planning to mine from the sea floor at deep depths (5000 feet and deeper). If it works, they will likely expand rapidly, adding reserves and new mines. They... more
Updated: New Gold Inc
New Gold is a relatively new major with growth prospects (although most of their growth won’t happen until 2017). It's going to be interesting to see how companies such as New Gold get valued as gold heads higher. They are undervalued today with a... more
Alamos Gold Takeover of Esperanza Resources
Alamos Gold made a friendly offer to purchase Esperanza Resources for a 38% premium. The trend continues, and these terrible deals will continue until shareholders vote no. The stock was trading at $2.25 in 2011, so they are not paying a premium at .90 cents. In fact, they are paying a huge discount to the true valuation.
http://www.mining.com/esperanza-resources-acquired-by-alamos-gold-for-69-4-million-42678/?utm_source=digest-en-mining-130712&utm_medium=email&utm_campaign=digest
Alamos... more
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