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Ignutz

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Ignutz

Re: None

Tuesday, 02/22/2005 3:19:55 PM

Tuesday, February 22, 2005 3:19:55 PM

Post# of 358536
Shore Gold "hold"

Tuesday, February 22, 2005 10:47:35 AM ET
Canaccord Capital


NEW YORK, February 22 (newratings.com) - Analysts at Canaccord Capital maintain their "hold" rating on Shore Gold Incorporated (ticker: SGF).

In a research note published this morning, the analysts mention that the company is currently completing an underground bulk sample from the Star Kimberlite site in the Fort a la Corne region. The site is expected to contain 110 million tonnes of mineable resources, with a mine life of 20 years at a throughput of 15,000 tpd, the analysts say. An economic evaluation study on the site is likely to commence in 1Q05, Canaccord Capital adds.

http://www.newratings.com/analyst_news/article_703603.html


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