Mining expert Jay Taylor of Hard Money Advisors initiates coverage with 'Buy Recommendation' and interviews CEO
New Carolin Gold Corp. (TSX-V: LAD) (OTC: MDULF) is the subject of a newly released advisory from mining analyst Jay Taylor of Hard Money Advisors Inc. New Carolin Gold Corp. is a Canadian-based mineral exploration mining company advancing its Ladner Gold Project located only 150 km East of Vancouver, BC, Canada, in the Coquihalla Gold Belt. With a current market capitalization under $4 million (75,004,997 shares outstanding X 5 cents) Jay Taylor believes LAD.V presents a significant opportunity for investors that understand the opportunity the Company presents. The project is host to 5 past producing mines and a high-grade underground historic (non 43-101) resource at the Caroline Mine of 728,429 gold ounces (2009 estimate of potential quantity: 5+ million tonnes grading 4.2 - 4.8 g/t gold, or ~1 million tonnes grading 8 - 9 g/t gold) -- the Company currently has an inferred resource on the property in excess of 600,000 ounces that it is in the process of improving upon.*
Mining analyst Jay Taylor of Hard Money Advisors released an advisory to his paid subscriber base on the merits of establishing a long position in LAD.V and classified it as 'BUY'. Mr. Taylor has a business MBA in Finance & Investment, in-depth accredited studies in geology, has decades of mining sector analysis under his belt, and is known for being reserved in his advice.
Full copy of Mr. Taylor's advisory along with chart and additional insight may be viewed starting at http://sectornewswire.com/LADJayTaylor-Nov-2015.pdf
Jay Taylor also took the opportunity to interview New Carolin Gold Corp.'s CEO, President, and Director, Bob Thast about the opportunity for investors establishing a long position in New Carolin Gold Corp.; the 25 minute audio interview may be listened to at http://jaytaylormedia.com/carolin-mines-could-be-a-moon-shot/
online. In the interview Mr. Thast discussed many facets of the project that make the Company an exceptional value proposition and challenged listeners to compare anything else in the market and measure it up to what New Carolin has to offer. He also provided insight on several near-term and mid-term potential catalysts "...I think that the cash flow story [from the gold in the tailings], with the current assets, the large land package, a clear geological story that tells us there could be many millions of ounces on this property, we know we’ve got two resource estimates now, we’ve got a new discovery zone which we’re going to be talking more about here in the markets in the coming months, and certainly we believe that with a million dollars of development money that we can really advance this cause and substantially increase the current resources, and our aim is to prove up well over a million ounces of a mining grade with that money." It was noted that same exploration money will also secure the balance of the ownership (increasing New Carolin's ownership from 40% to 100%) of the project from the receiver in bankruptcy for Century Mining and Mr. Taylor gave his endorsement for accredited investors to contact New Carolin to participate in facilitating this.