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News from January 2012
Added: Monument Mining Ltd
Monument Mining is an emerging mid tier producer. They will produce 50,000 oz in 2012 and they have a fully diluted market cap of $144 million. They appear to be a 3 bagger long term, with production expanding to 80,000 oz in the near term and likely 100, more
Added: Mcewen Mining Inc
McEwen Mining is calling themselves an emerging mid tier silver producer. However, they have significant gold properties. In 2012, they will produce 1.4 million oz of silver (their share) and 50,000 oz of gold. In 2014, that will increase to 4 million oz... more
Added: Scorpio Gold Corp
Scorpio Gold Corp. is a small producer in Nevada (production began in 2011). The have a fully diluted market cap of $111 million and are a likely 3 bagger long term. Their problem is growth and limited resources (currently around 500,000 oz). They will... more
Added: NeXGold Mining Corp
Treasury Metals is highly undervalued and a likely 5 bagger. They have a large (1.7 million oz and growing) advanced stage project in Ontario, Canada. They have the goods with their flagship Goliath project and a PFS (pre-feasibility study) coming in... more
Added: Triumph Gold Corp
Northern Freegold is highly undervalued and has the potential to be a 20 bagger. They have drilled only 3% of their flagship Freegold Mountain project (Yukon, Canada) and already have a 2.5 million oz resource (along with 10 million oz of silver and 250... more
Added: Freegold Ventures Ltd
Freegold Ventures is highly undervalued, with a fully diluted market cap of $54 million. This is a high risk speculation stock with a lot of potential. They have two projects in Alaska that are nearing advanced stage exploration and both could turn into... more
Added: Gabriel Resources Ltd
Gabriel Resources has 20 million oz of gold at their Rosia Montana project in Romania, and it will be the largest gold mine in Europe. However, there are several negatives with this stock. First, they are having trouble getting their environmental permit... more
Added: Dynacor Gold Mines Inc
Dynacor Gold Mines uses a unique business model. They use cash flow from a mill ($15 million expected in 2012) to finance exploration. They have two early exploration properties in Peru that they are just beginning to drill. Both will take a few years to... more
Added: Sierra Metals Inc
Dia Bras Exploration is fairly valued at $400 million fully diluted. They have 10 properties on 500,000 acres in Chihauhau, Mexico, and another 4 properties in Peru. They have 3 operating mines and 5 more in late stage development. Their current... more
Added: Xali Gold Corp
Candente Gold is highly undervalued at this low market cap valuation of $18 million fully diluted. The El Oro property has a lot of potential. Only two veins on the property were mined to 200 meters and produced 8 million oz of gold equivalent from 1896... more
Added: Benton Resources Inc
Benton Resources is a project generator, meaning that they stake and drill. Their objectives are not to mine gold, but to find it and sell it to a partner (called a Joint Venture). Benton does not focus on gold and silver, they also have copper, nickel,... more
Added: Belo Sun Mining Corp
Added: Renegade Gold
Confederated Minerals is highly undervalued. They have found a high grade mine (Newman Todd) in the Red Lake District, yet have a fully diluted market cap of only $28 million. They have not released a 43-101 resource estimate, but drill results have... more
Added: DELETE - Antioquia Gold Inc
Antioquia Gold is highly undervalued and a possible 50 bagger. This happened in 2011 when their drill results at their 100% owned Cisneros project found a potential large mine. They began drilling Cisneros in 2009 and now they are ready to begin a... more
Added: Wesdome Gold Mines Ltd
Wesdome is highly undervalued. They are an emerging Mid Tier producer and have a fully diluted market cap of only $160 million. They recently stumbled a bit, with production decreasing in 2010 from 96,000 ounces to 69,000. However, they have a decent... more
Added: B2Gold Corp
B2Gold is fairly valued and most of the upside is built into the stock price. Production is scheduled to increase from 160,000 oz in 2012 to 300,000 oz in 2015. Doubling production should double their stock price, but they are not cheap today valued at $1 more
Added: AXMIN Inc
Axmin is highly undervalued at $10 per oz in the ground (future reserves) and a fully diluted market cap of $39 million. They are scheduled to produce 200,000 oz (starting in Q4 2013), and it is a long life mine with a lot of cash flow. A 200,000 oz... more
Added: Silver Grail Resources Ltd
Silver Grail is a project generator. They have been around for a long time and they don't have many JVs. Looking at their properties, I would say to avoid this stock. However, with a tiny $2 million market cap, they have two gold properties that have... more
Added: Gold79 Mines Ltd
Aura Silver is a very high risk stock, but they have two very large properties with significant potential. The 130,000 acre Taviche property is literally next door to the Fortuna high grade San Jose mine. They have already found significant high grade... more
Added: Puma Exploration Inc
Puma Exploration is highly undervalued, but has significant risk. They appear to have a high grade silver mine in an excellent location in Canada. The problem from my perspective is management. Can they build it themselves, or will they option it? They... more
Added: Seabridge Gold Inc
Seabridge is the largest Project Generator by Market Cap. They have four projects that are ready to begin mine development, but they can't find any partners to build the mines. The stock has languished since 2007, and is down more than 50%. If they were... more
Added: Sabre Gold Mines Corp
Armistice Resources is undervalued with a fully diluted market cap of $50 million. They recently purchased 100% of the Kerr-Addison property in Ontario, Canada, which is adjacent to their McGarry property. It is a 500,000 oz resource with significant... more
Ramblings
If gold goes to $2500 and silver to $100, which I think is highly probably, the miners are going to be printing money. That is why gold and silver stocks could very well be the investment of this decade.
Why? Trend following. If the mining stocks begin rising, many investors are going to jump on the bandwagon. And why not? There will be money to be made. And what other industries/sectors are going to be making money? It's possible that the gold/silver mining sectors could be one of the ONLY... more
Added: DELETE - Nevada Exploration Inc
Nevada Exploration is a project generator, meaning that they stake and drill. Their objectives are not to mine gold, but to find it and sell it to a partner (called a Joint Venture). They have two JVs, which is positive, and their partners are drilling... more
Added: Klondike Silver Corp
Klondike Silver has several properties with potential, but have not yet found a flagship property, or even a potential flagship. They continue to explore each of their properties and they may succeed. They have the 25,000 acre Slocam Camp in British... more
Added: Gowest Gold Ltd
Gowest is highly undervalued, with a fully diluted market cap of $33 million. They only have one property, but it is a 1.2 million oz resource that looks like a sure thing. It is a high grade surface mine with 6 gpt and a high grade underground mine,... more
Added: DELETE - WildSky Resources
China Minerals purchased Hawthorne Gold in 2011. They have a 150,000 acre property in British Columbia, Canada. There is a 1 million oz surface mine project called Taurus that looks very promising for such a lowly valued stock. The current market cap... more
Added: Riverside Resources Inc
Riverside Resources has a very low market cap ($31 million fully diluted) and seems to be progressing as a company. They have a focused approach using their project generator model. Their objectives are not to mine gold, but to find it and sell it to a... more
Added: Silver Dragon Resources Inc
Silver Dragon has a tiny fully diluted market cap of $8 million, but has 7 joint venture projects in China. Their joint venture partner is Sino-Top, a Chinese company, who is the developer/operator (although Silver Dragon appears to be highly involved).... more
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