Value Microcaps Junior Miners

[dr_airtime]

Weekend Reading - Best J. Miner Report of Year...

..IMO from Paradigm captial. "IRR to the acquirer" concept is key (page 21).

I am posting per my mini-rant in last post linked back that a lot of the better junior and intermediate producers have moved big time since May and been consolidating near highs signalling a gold price breakout while some really good advanced deposits have not rebounded from decline since April 2014.

http://carlislegold.com/pdfs/Gold%20Sector%20140807%20Revival%20of%20the%20Takeover%2020.pdf

Read through it for an hour tonight and 4 out of the top 5 "IRR to the acquirer" had great value/resource thesises and are big risk/reward buys at this stage of market IMO PLUS there are initiating coverage reports on these 4 in the back of the report.

Listed in order how I like em' and will likely buy:

Midas Gold MAX.TO - Lil' Romarco. 7M Oz @ 1.65 g/t in Idaho about to begin permitting. Think Osisko in 2006 or Romarco 5 years ago. Should be 4M oz mineable/reserves - not many deposits like that in North America! Easist buy as market gets the story. Had 17M of cash with 15M of working captial at June 30, 2014 so no need to finance for a while. Great support as the chart just quadruple bottomed looking back to the May 2012 bottom.

Castle Mountain CMM.V - fully permitted past producitn brownfield heap-leach mine in desert California with 2.6M oz @.94g/t which is exceptionally high for an advanced heap-leach deposit globally. If you followed True Gold's Karma project this was their main selling point. Paradigm estimates captial of around $125M for start-up. $3.7M of cash with $3.9M of working captial at March 31, 2014 so can survive for a bit. Traded 1M shares on venture today, has bottomed for summer and chart in long term uptrend but still cheap! (55M MC)

**Integra Gold ICG.V - 10g/t resource in best u/g gold mining jurisdiction in North america - Val D'or. Near Osisko's Malartic and Agnico's goldex. One of few near term +10g/t resources Paradigm thinks is cabable of producing 100k oz/year. 5M of cash with 4M of working capital at March 31, 2014 so can survive without financing for a bit.

Carisle Gold CGJ.TO - best value in entire report plus 1.6M M&A oz at 2.2g/t and in Manitoba, Canada. Only $.04 right not but still can trade big volume on TSX when shares are for sale. Topped at $.08 out of Decembber rally.

Working like a mad man lately so no time to respond. Hopefully your path to riches starts with this post. Always helps me make up my mind to write things out you see!

Really liked this report as I've been banging the drum here for last two years on buying producers, producers, producers and totally agree that market is signalling next couple weeks is time to add cheap advanced deposits in anticipation of the gold bull riding again!!! Most producers aren't that cheap anymore.

**OT. Integra Gold's MC is $42M and Richmont's EV is about double that so shows you how cheap Richmont is per Checkmate's last post. Richmont will be mining a 10g/t resource soon too!