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Silver space is full of discount stocks right now.
Best play GPL and RVM, they're bottoming.
New on the AMEX, low float, Silver is weak.
122M$ Market cap (+ 75M$ in revenue for 2011)
Sprott is increasing BRD.
http://www.tickerspy.com/pro/Sprott-Asset-Management?refer=yhoo_5406_sprott
Q1 2012 is far away...Market have no trust in production schedule.
Brigham Exploration reports it is accelerating its pace of drilling operations in the Williston Basin; expects to be at 10 operated rigs by July 2011; is ~6 months ahead of its previously announced schedule (BEXP) 26.93 : Co announces it is accelerating its pace of drilling operations in the Williston Basin and expects to be at 10 operated rigs by July 2011, which is ~ 6 months ahead of its previously announced schedule. Co also announced that it has further expanded its Williston Basin acreage position, primarily as a result of an acquisition in its core de-risked area, and that it currently holds 378,100 net acres, 224,400 of which are located in its core operating projects. As a result of its drilling acceleration and acreage acquisitions, co announces that it has increased its oil and gas capital expenditure budget to $835.5 mln.
If we've a crash like 2008, I see 0.50$-0.75$.
PZG is another gold/silver pulled back down.
Worth doing some DD.
TGR: Very interesting. Any other names you'd like to mention?
JS: For those who are willing to look at pure exploration companies, we think Paramount Gold and Silver Corp. (TSX:PZG; NYSE.A:PZG) is attractive. Last year, the company bought X-Cal Resources, which brought it the historic Sleeper Gold Project in Nevada. Its other asset is the San Miguel Project, in about 465,697 acres in the Sierra Madre Occidental Gold and Silver Belt in Mexico. San Miguel has a resource of about 2.6 Moz. of gold. Coeur d'Alene Mines Corp. (TSX:CDM; NYSE:CDE) is developing a contiguous property with 3 Moz.
We think the Sleeper Project has a lot of blue-sky potential and has the potential to hit real bonanza grades. An interesting little tidbit is that the Sleeper Project owns the water rights to Fronteer Gold Inc.'s (TSX:FRG; NYSE.A:FRG) Sandman Project, which Newmont Mining Corp. (NYSE:NEM) just bought. When you look at the total combined resource of nearly 5 Moz., we think Paramount will make a nice takeout candidate for Newmont, Coeur d'Alene or another company down the road.
TGR: So, Paramount has the geographic tie-in. . .
JS: Right. It's in the mining-friendly districts of Nevada and the San Miguel district of Mexico. The properties are contiguous to two large companies that we think would consider the company an attractive acquisition. We're seeing that big companies like Newmont need to feed their mills. They have to do acquisitions to keep their mills active. It's a big operating cost to have a mill that's not running at full capacity. That is one of the reasons we think Newmont bought Fronteer's Sandman Project. Paramount is a little more speculative, but we think it has a lot of potential as an exploration-upside takeout candidate.
TGR: Why do you consider Paramount more speculative?
JS: Paramount will need another financing round, at some point. It's a pure exploration company, and exploration companies have a habit of spending cash and needing more.
"All the golds are going down... all of them... why is that? They got too hot, the price of gold is stabilizing, this is a seasonally weak time for gold stocks. I think you take advantage of it and leg into one you like. I stil prefer the GLD... GLD has been holding up... first is bullion, then GLD, third is the miners... they are so oversold you have to start legging in."
Ovais Habib, Stonecap Securities (5/11/11) "Targeting Deep Holes Using Gravity and Magnetotelluric Geophysical Methods: Evolving Gold has a 194-sq.-km. land position on the Carlin Trend, which is larger than Barrick's and second only to Newmont's land position in size. The Carlin Trend contains the largest gold endowment for these types of deposits. . .[and] EVG's first deep hole (CAR-002) hit 35m of 1.2 g/t Au and second (CAR-007) hit 18.3m of 11.7 g/t Au."
MDW is finding a bottom.
Try 1.61$ on the ask, one seller sit there (All alone)
Look at L2.
MDW is finding a bottom.
Try 1.61$ on the ask, one seller sit there (All alone)
Look at L2.
MDW
The resource is open to the north where hole SV10-511 intercepted 295 meters of 2.5 g/t gold, which included 71.6 meters of 9.0 g/t
The resource is open to the north where hole SV10-511 intercepted 295 meters of 2.5 g/t gold, which included 71.6 meters of 9.0 g/t gold, using the 0.14 g/t cut-off.
Sound very good.
I will keep this on radar.
Thks.
I see a bottom...
But I'm afraid to act.....
WRN
http://stockcharts.com/h-sc/ui?s=WRN&p=D&yr=0&mn=11&dy=0&id=p13194702365
Toctuga, what about WRN ? (Copper sector)
Near Bottom IMHO
http://stockcharts.com/h-sc/ui?s=WRN&p=D&yr=0&mn=11&dy=0&id=p13194702365
150EMA = BOTTOM FOR RVM ?
NEED HELP HERE TOCTUGA......
http://stockcharts.com/h-sc/ui?s=RVM&p=D&yr=0&mn=6&dy=0&id=p18815658593
Guess what !
The all silver sector is green apart of.....
RVM !!!!
The best contrarian indicator of I-hub still picking loosers.
CHEEERSS.......
RVM
At the current share price, Revett Minerals offers investors a highly visible, near-term cash flow stream at a reasonable valuation, with significant upside catalysts on the horizon. The company’s mammoth Rock Creek silver project, currently unvalued by the market, becomes increasingly economic and advantageous to the state of Montana as silver and copper prices continue to rise.
Upon project approval, Revett’s share price will discount a billion dollar project and be revalued significantly higher; 2011 could be the year where the company gets green light approval. In the near term, Revett is seeking a listing on a major U.S. exchange such as the AMEX, and may receive broader institutional interest and research coverage that should narrow the significant valuation discount that currently persists.
Given several valuation benchmarks, we believe Revett’s shares to be safely worth a minimum of between $7.20 to $8.30 per share..
RVM
At the current share price, Revett Minerals offers investors a highly visible, near-term cash flow stream at a reasonable valuation, with significant upside catalysts on the horizon. The company’s mammoth Rock Creek silver project, currently unvalued by the market, becomes increasingly economic and advantageous to the state of Montana as silver and copper prices continue to rise.
Upon project approval, Revett’s share price will discount a billion dollar project and be revalued significantly higher; 2011 could be the year where the company gets green light approval. In the near term, Revett is seeking a listing on a major U.S. exchange such as the AMEX, and may receive broader institutional interest and research coverage that should narrow the significant valuation discount that currently persists.
Given several valuation benchmarks, we believe Revett’s shares to be safely worth a minimum of between $7.20 to $8.30 per share..
RVM
At the current share price, Revett Minerals offers investors a highly visible, near-term cash flow stream at a reasonable valuation, with significant upside catalysts on the horizon. The company’s mammoth Rock Creek silver project, currently unvalued by the market, becomes increasingly economic and advantageous to the state of Montana as silver and copper prices continue to rise.
Upon project approval, Revett’s share price will discount a billion dollar project and be revalued significantly higher; 2011 could be the year where the company gets green light approval. In the near term, Revett is seeking a listing on a major U.S. exchange such as the AMEX, and may receive broader institutional interest and research coverage that should narrow the significant valuation discount that currently persists.
Given several valuation benchmarks, we believe Revett’s shares to be safely worth a minimum of between $7.20 to $8.30 per share..
EXK, AG, AXU...
Top of the line silver miners full of blood today......
It's all about Silver price Soapy.
Look at the two big green candle....
A/D very strange go down with this kind of green volume.
They're producing, so they make money.
FROM THE OTC.OB TO THE AMEX (RVM) FOR THE LAST 4 DAYS.
PRODUCE 1.3M SILVER ONCE + 30M$ OF COOPER IN 2011.
36M O/S
MARKET CAP = 169M$
MUST READ NOW !!!
http://seekingalpha.com/article/246368-revett-minerals-seeks-amex-listing-multiple-catalysts-should-revalue-shares-high
FROM THE OTC.OB TO THE AMEX (RVM) FOR THE LAST 4 DAYS.
PRODUCE 1.3M SILVER ONCE + 30M$ OF COOPER IN 2011.
36M O/S
MARKET CAP = 169M$
MUST READ NOW !!!
http://seekingalpha.com/article/246368-revett-minerals-seeks-amex-listing-multiple-catalysts-should-revalue-shares-high
FROM THE OTC.OB TO THE AMEX (RVM) FOR THE LAST 4 DAYS.
PRODUCE 1.3M SILVER ONCE + 30M$ OF COOPER IN 2011.
36M O/S
MARKET CAP = 169M$
MUST READ NOW !!!
http://seekingalpha.com/article/246368-revett-minerals-seeks-amex-listing-multiple-catalysts-should-revalue-shares-high
Recent Highlights
New Preliminary Feasibility Study at the Mt. Todd Gold Project, Northern Territory, Australia; Doubles Estimated Proven and Probable Reserves (1). Please refer to our press release dated January 4, 2011;
Closed Combination Agreement with Midas Gold Corp. ("Midas") and now owns approximately 34.2% of Midas which has an estimated value of CDN$80 million;
Bought Deal Financing completed for Gross Proceeds of Cdn$29.7 million;
Sun Valley Gold LLC announces ownership of over 11.61% of Vista's shares;
Effective January 1, 2011, adopted U.S. GAAP for all U.S. and Canadian filings; and
Corporation is Debt Free and Currently has Approximately $36.4 million in cash.
Rainy River Resource Ltd. (RR.V) Have the same profile of Midas Gold.
+ 700M$ Market cap.