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Re: CDLGold post# 8043

Friday, 09/21/2012 11:40:46 AM

Friday, September 21, 2012 11:40:46 AM

Post# of 12573

MDO was sent to me free..... I am not a subscriber so I can post that information here. I guess it is not proprietory and should therefore be ok to do so.



GOLD & SILVER UPDATE: Over the last three weeks, MDO has initiated buy ratings on 19 Gold & Silver stocks. Of the 19 stocks, 18 of them are up. Our only loser is a new penny stock we recommended just two days ago and it's only down 1%. All in all - this sector should now be heavy weighted in investment portfolios. With an endless QE3, inflation that will likely sky rocket and a U.S. Dollar that may implode, look for both gold and silver to trade to new all-time highs. With that said, please note at the bottom of our list that we are officially re-initiating a buy recommendation on Explor Resources....

SILVER WHEATON CORP.: (SLW) $39.66 Down $.19.... Re-initiated buy on 08/27/2012 @ $34.08. Up 15.58% since our buy recommendation. Price objective $70.

SILVER STANDARD RESOURCES: (SSRI) $16.34 Down $.15.... Re-initiated buy on 08/27/2012 @ $14.86. Up 8.95% since our buy recommendation. Price objective $30.

OSISKO MINING CORP.: (OSKFF) $10.22 Down $.21... Re-initiated buy on 08/27/2012 @ $9.69. Up 5.26% since our buy recommendation. Price objective $16.00.

SANDSTORM GOLD: (SAND) $11.78 Down $.30.... Re-initiated buy on 08/27/2012 @ $9.77. Up 20% since our buy recommendation. Price objective $20.

GOLDCORP: (GG) $46.48 Down $.40.... Re-initiated buy on 08/27/2012 @ $40.41. Up 13.98% since our buy recommendation. Price objective $80.

RANGOLD RESOURCES: (GOLD) $120.08 Down $1.45... Re-initiated buy on 08/27/2012 @ $100.71. Up 18.74% since our buy recommendation. Price objective $140.

AGNICO EAGLE MINES: (AEM) $51.99 Down $.67.... Re-initiated buy on 08/27/2012 @ $47.39. Up 9.26% since our buy recommendation. Price objective $90.

YAMANA GOLD: (AUY) $19.15 Down $.24.... Re-initiated buy on 08/27/2012 @ $16.81. Up 12.61% since our buy recommendation. Price objective $30.

NEWMONT MINING: (NEM) $56.62 Down $.23.... Re-initiated buy recommendation on 08/27/2012 @ $49.83. Up 12.76% since our buy recommendation. Price objective $90.

BARRICK GOLD: (ABX) $42.46 Down $.28... Re-initiated buy on 08/27/2012 @ $37.78. Up 12.39% since our buy recommendation. Price objective $52.00.

HECLA MINING: (HL) $6.74 Up $.13.... Re-initiated buy on 08/27/2012 @ $5.37. Up 25.51% since our buy recommendation. Price objective $13.00.

KENROS GOLD: (KGC) $10.27 Down $.10... Re-initiated buy on 08/27/2012 @ $9.03. Up 13.73% since our buy recommendation. Price objective $18.00.

CHINA GOLD INTL' RESOURCES: (JINFF) $4.49.... Recommended on 08/24/2012 @ $3.70. Up 21.35% since our recommendation. Price objective $7.00.

GOLDEN QUEEN MINING: (GQMNF) $2.94 Down $.09.... Recommended on 08/24/2012 @ $2.37. Up 25.74% since our recommendation. Price objective $5.00

NEVADA GOLD: (ANV) $37.99 Down $.15.... Recommended on 08/24/2012 @ $31.03. Up 22.43% since our recommendation. Price objective $70.

IAMGOLD: (IAG) $16.06 Down $.10.... Recommended on 09/10/2012 @ $14.06. Up 14.22% since our recommendation. Price objective $30.

LIBERTY SILVER: (LBSV) $1.48 Up $.17 & (LSL.TO) C$1.43 Up C$.08.... Recommended on 09/12/2012 @ $1.03. Up 43.69% since our recommendation. Price objective $4.00.

COMSTOCK METALS: (CMMMF) $.569 Down $.013 & (CSL.V) C$.54 Down C$.04.... Recommended on 09/18/2012 @ $.57. Down 1.75% since our recommendation. Price objective $1.00.

COLOSSUS MINERALS: (COLUF) $6.06 Down $.02 & (CSI.TO) C$5.87 Down C$.08.... Recommended on 09/19/2012 @ $5.75. Up 4.35% since our recommendation. Price objective $10.00.

EXPLOR RESOURCES: (EXSFF) $.185 & (EXS.V) C$.18.... For the last 12 to 18 months, MDO has been negative on Explor Resources. The stock had been sold into oblivion. Up until recently, on every positive assay release, sellers were waiting in the wings to unload stock. Rumors were abundant about a few who sold on insider information. Whatever the reasons for selling, those who were hell bent on destruction seem to be out of the way now. For the last eighteen months, Explor has been unable to close above its 200-Day Moving Average. Not until recently did the stock close above its 50-Day Moving Average. Technically speaking, the close above its 50-DMA is the first bullish development we've had to talk about in well over a year.

Explor is now approaching its 200-Day Moving Average at $.228. The stock seems to have a different feel about it now, so I'm going to stick my neck out on the limb and re-initiate a buy rating on Explor Resources. In anticipation of a close above its 200-DMA, we are initiating a near-term price objective of $1.00. Up 81% from its recent 52-week low, I'm banking on the mojo coming back to Explor with more drill results and a new 43-101 in the wings.

With disgruntled shareholders out of the way, the remaining long-term shareholders are in to stay. Most shareholders who have been in this stock for the last three or four years probably are in at average prices between the mid-.50's and the mid-.60's. As long as the volume continues, there should be very little resistance until we get back to the high-.50's to low-.60's.

TOMEXS

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