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	News from October 2013
	
	
				
				
				
					Pretium Resources 
					
						I assume you also follow PVG (Pretium Resources), what a fiasco that has turned out to be and if you are going to update anything, that might be on the top of your list.  I am sure you subscribe to stockwatch.  If so, log on and look at the news through their Candian listing....then look at the news through their US listing?  What a huge difference.....last I looked no litigation news on the Canadian side and a Shark feedy litigation frenzy on the US side.  I own a little and think that both... 							 more
												 
				 
			 
						
				
				
					Updated: Goldgroup Mining Inc 
					
						Goldgroup is a highly undervalued small producer in Mexico, with two nice projects in their pipeline. Their 1 million oz (.5 gpt) Caballo open pit project will produce 95,000 oz in approximately 2016. They still need final permits, surface rights, and... 							 more
												 
				 
			 
						
				
				
					Added: East Africa Metals Inc 
					
						East Africa Metals is a new project generator. They arose from a spin-out from Canaco Resources in 2012. They have two large properties in Tanzania. The Magambazi project (25,000 acres) is a 45% JV with a Chinese producer. It is a 1 million oz surface... 							 more
												 
				 
			 
						
				
				
					Updated: Atlanta Gold Inc 
					
						Atlanta Gold is a highly undervalued stock. They have a $10 million fully diluted market cap and are getting close to production. The Atlanta mine is a 800,000 oz (3 gpt) surface mine. They plan to bulk sample 15,000 oz in 2014 and 2015 to provide cash... 							 more
												 
				 
			 
						
				
				
					Updated: Emergent Metals Corp 
					
						Emgold Mining is a high risk / high reward speculation stock. They have a market cap of $4 million fully diluted and their future reserves are valued at $2.50 per oz. If they do make it into production, those reserves are likely to be valued over $50 per... 							 more
												 
				 
			 
						
				
				
					Updated: Loncor Resources Inc 
					
						Loncor Resources has considerable upside potential. It is a new company with 5 million acres of exploration potential in the DRC (Democratic Republic of Congo). When I looked at them in 2012, they had a FD market cap of $113 million. I thought that was... 							 more
												 
				 
			 
						
				
				
					Updated: Tinka Resources Ltd 
					
						Tinka Resources has a 30 million oz silver project (Colquipucro) in Peru. It is a high grade surface mine (90 gpt) that is a low cost heap leach with 90% recovery rates. They are currently doing infill drilling and then they will likely update their 43-10 							 more
												 
				 
			 
						
				
				
					Updated: Silver Bull Resources Inc 
					
						Silver Bull Resources is highly undervalued. They have a 164 million oz (70 gpt) silver deposit in Mexico called Sierra Mojada. The property is on 48,000 acres and has exploration possibilities for future growth. This stock looks like a slam dunk 5... 							 more
												 
				 
			 
						
				
				
					Updated: Pan American Silver Corp 
					
						Pan American Silver is one of the best silver producers. They plan to increase silver production from 25 million oz to 30 million oz by 2016. As long as silver prices stay high, they are going to be a cash flow machine. Cash costs in 2013 will be around $ 							 more
												 
				 
			 
						
				
				
					Updated: Oceanagold Corp 
					
						OceanaGold is solid mid tier producer. The have 10 million oz in resources (1 gpt) and will produce 300,000 oz in 2014 with all-in costs around $1100 per oz. They are undervalued with a FD market cap of $400 million and future reserves valued at $50 per... 							 more
												 
				 
			 
						
				
				
					Updated: DELETE - Comstock Mining Inc 
					
						Comstock Mining looks like a 5 bagger. They have a 2.5 million oz resource (1 gpt) and started production in 2012. They have a large 6,000 acre property with significant exploration potential. I expect production to reach at least 150,000 oz long term.... 							 more
												 
				 
			 
						
				
				
					Updated: Minco Silver Corp 
					
						Minco Silver is highly undervalued. Especially for a company that is very close to building their first mine (construction should begin in 2014 or 2015). They have a large high grade deposit (150 million oz and growing) that is an anomaly. It is high... 							 more
												 
				 
			 
						
				
				
					Updated: Silvercorp Metals Inc 
					
						Silvercorp is a mid-tier producer in China. They have very large high grade resources with 250 million oz at 200 gpt. Their cash costs for the last quarter were $3.23 per oz, which is the lowest in the industry. All-in costs were around $12 per oz. Thus,... 							 more
												 
				 
			 
						
				
				
					Updated: Endeavour Silver Corp 
					
						Endeavour Silver is a star performer in the silver production category. They have everything working. They have 3 high grade silver mines in Mexico producing 6 million oz in 2013. They are expanding production and reserves at a fast rate, projecting 10... 							 more
												 
				 
			 
						
				
				
					Updated: Fortuna Mining 
					
						Fortuna Silver is a mid-tier producer in Mexico and Peru. Fortuna is very similar to First Majestic Silver and Endeavour silver. All of them have performed very well over the last 3-5 years. They all have low cash costs, no debt, and substantial cash.... 							 more
												 
				 
			 
						
				
				
					Updated: Rio2 Ltd 
					
						Atacama Pacific Gold has a large gold project in Chile. It is a 4.5 million oz, low grade (.4 gpt) oxide surface mine. They released a PEA to mine a 3.3 million oz oxide open pit at 250,000 oz per year. The cash costs are projected to be $650 per oz,... 							 more
												 
				 
			 
						
				
				
					Updated: Paramount Gold Nevada Corp 
					
						Paramount Gold is a project generator. They have two large projects (San Miguel and Sleeper) that are long life mines with exploration potential. They have already identified 9+ million oz of gold equivalent (including silver), and it is likely that... 							 more
												 
				 
			 
						
				
				
					Updated: Badlands Resources Inc 
					
						Mineral Mountain Resources is a new company with a lot of potential. They have a good management and technical team, led by  Nelson Baker, the ex CEO of Rainy River. If you like betting on people and getting in early, this could be your type of stock.... 							 more
												 
				 
			 
						
				
				
					Updated: Lion One Metals Ltd 
					
						Lion One Metals is highly undervalued with a fully diluted market cap of only $23 million. They have an advanced high grade project in Fiji called Tuvatu (90,000 acres). It is a 750,000 oz (6 gpt) deposit that is currently being permitted. A PEA or pre-fe 							 more
												 
				 
			 
						
				
				
					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
												 
				 
			 
						
				
				
					Updated: Precipitate Gold Corp 
					
						Precipitate Gold is a new company started in 2012. They have a tiny market cap of only $4 million and some interesting properties in Canada, the Dominican Republic, and Mexico. This is a long-shot high risk speculation stock. However, it was founded by... 							 more
												 
				 
			 
						
				
				
					Updated: Liberty Gold 
					
						Pilot Gold was formed from Fronteer Gold’s management team. They have an advanced project in Turkey called Halilaga. It is really a copper project operated by Teck (60% ownership and operator), with 2 billion lbs of copper and 3.2 million oz of gold.... 							 more
												 
				 
			 
						
				
				
					Added: Nulegacy Gold Corp 
					
						NuLegacy Gold has an early exploration project in Nevada called Red Hill (15,000 acres). It is nearby Barrick Gold’s 14 million oz Goldrush open pit deposit. It could be another large open pit. The early drill results at their Iceberg deposit are... 							 more
												 
				 
			 
						
				
				
					Updated: Belo Sun Mining Corp 
					
						Belo Sun Mining is undervalued and a potential 10 bagger. They have a very large advanced open pit project in Brazil called Volta Grande (330,000 acres). It is a 7.5 million oz open pit project. The pre-feasibility study released in 2013 calls for a $750... 							 more
												 
				 
			 
						
				
				
					Updated: Excellon Resources Inc 
					
						Excellon Resources appears to be a slam dunk 3 bagger if they can expand their resources in Mexico (two properties with 100,000 acres). However, I have my doubts. I'm a stickler for management, and I did not like their company presentation, nor their... 							 more
												 
				 
			 
						
				
				
					Added: DELETE - Surge Copper Corp 
					
						Gold Reach Resources is really a copper company. However, I am including it in the database because the Ootsa project has about 2 million oz of gold and silver equivalent (1.3 million oz of gold and 28 million oz of silver). It is a 2+ billion lb open... 							 more
												 
				 
			 
						
				
				
					Updated: Alien Metals Limited 
					
						Arian Silver is a high risk / high reward stock. They have 117 million oz at 4 opt with a fully diluted market cap of only $34 million. That results in future reserves being valued at .42 cents per oz, which is very cheap. They have been losing money as... 							 more
												 
				 
			 
				 
	 
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