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News from August 2012
Updated: Vista Gold Corp.
Vista Gold has a large project in Australia (8 million oz and growing) and has huge upside potential. The problem is they will not begin production until 2017 or 2018, and they might need a partner to finance the project. Thus, this is a long term... more
Added: Novo Resources Corp
Novo Resources is an early exploration stock with significant upside potential. Everything will depend on drilling results. This stock is being pushed by Bob Moriarty on 321gold.com. He thinks it could be a huge deposit and calls it his favorite pick.... more
Updated: Euro Sun Mining Inc
Carpathian Gold is a near term producer. There is a lot to like about this company. For starters it is highly undervalued with a fully diluted market cap of $157 million. It will likely be a 10 bagger long term if they are not taken out (Barrick Gold... more
Updated: Marathon Gold Corp
Marathon Gold is difficult to value, and thus is a high speculation stock. Long term it could be either a 3 bagger or a 10 bagger. It is a difficult stock to value because of their exploration potential and the long timeline until production at Valentine... more
Updated: Goldquest Mining Corp
Goldquest Mining has blasted off. The stock has jumped from 7 cents in May 2012 to $1.61 today (August 3, 2012). Yes, it was a 22 bagger in three months! They released a solid drill hole in May of 231 meters at 2.4 gpt. That single drill hole pushed the... more
WallStForMainSt interview by Jason Burack with Don Durrett.
In this 40+ minute interview, Jason Burack of WallStforMainSt.com interviews author and private investor Don Durrett. They talk about the macro situation, why stocks have not crashed, peak cheap oil, precious metals and mining stocks. more