Replies to post #32985 on Value Microcaps Junior Miners

[rrten]

GORO great picks Checkmate as usual.
On GORO, I think you have a typo and mean Arista will carry the company while they continue to hollow out Switch Back.
I can understand saying Alta Garcia, because I have it on my mind.
For just trucking costs to the mine, and the cost of drilling, they are now able to take tonnage out every dsy, though not alot to begin with, and find out what is down there at Alta Gracia, in non technical terms.
For just the ability to drill evey day, they could find out more in a few months what Alta Gracia is all about, than the 3 drill programs they had in the last 3 years.
Maybe Alta Garcia has their own Switch Back lurking some where under ground too?
Cheers.

[CPTMatt]

DNI - they ever close on that lab?

[checkmate28]

GPY.v +13% Golden Predator Intersects 7.5 m of 33 g/t Gold at the 3 Aces Project; Discovers Significant Stockwork Mineralization


http://web.tmxmoney.com/article.php?newsid=7601112997577966&qm_symbol=GPY

25,000 M drill program starting in Feb will produce more results like this. 7.5 m of 33 g/t is stellar and there's more where that came from. They have some of the highest grades in he Yukon. GPY is on my year end list of no brainers and pic 3 candidates. Link back for the rest.

The Sheriffs and Golden Predator were broad sided during the gold slide and a permitting issue, but their back with a vengeance. The drill should continue to point to the value in their properties. Eric Sprott and McEuen got behind this one, and they have $9M in the bank.

http://goldenpredator.com/_resources/presentations/corporate-presentation.pdf

[checkmate28]

GPY.V Golden Predator 1.21 +.22 or 22% today. Up 100% since Dec when it traded as low as .51 ... One of my end of year picks and a candidate for the pic 3. Going to be one of the best projects in the Yukon for discovery. 3 Aces Grades are off the charts and 120,000 Meters planned for 2017

Eric Sprott got behind it

Dont ever count out Bill Sheriff. He built Energy Metals Corp. from nothing and sold it for $1.8B to Uranium One in 2007 making share holders a mint

[checkmate28]

NXS.T Nexus Gold + 46% today and over 100% since my post couple weeks ago.
I met them at 2016 PDAC, kept in touch and hopped in just right. One of my Pic 3's for SSKILLS1 contest. The clincher for me, was the Saprolitic ore. This, I learned about from my DD of DNI Metals. Saprolite changes everything , makes it easier, cost less and take less time. Saprolite is also whats going to cause DNI stock to do the same thing, and why Ill be posting about this soon. Drill is either on the way or on land now. Remember in both cases, I warned you way out front before the market found it.

Checkmate posted 1-11-17 Link back for the other pics as well.
Nexus Gold Corp. V.NXS .115 - MC 11M - .075 In Dec -My Pic3
Burkina Faso is highly under explored in comparison to neighbouring Ghana and Mali Cote d'Ivoire which host world class gold mines in the same belts of Birimian rocks. The $11 MC and todays Press release on 2950 gpt sample are why I speculated and chose it for SSkills1 Pick 3 contest. A lot more hits and probably eventually another high volume W African mine on the way.

[CPTMatt]

Perseus PRU.TO PMNXF

Stock dropped quite significantly on risk of cash crunch probably led by lower ore grading than expected.

Penny for your thoughts and how you're positioning (or not). Thanks

[beigledog]

I definitely should have looked into these right when you posted them. I saved the post, but never looked back at it. Some of these have done very well! Well done checkmate.

[checkmate28]

GPY.V Golden Predator Another +16% on $8M in volume on no news.
Just others catching on. Monster grades over there at 3 Aces

[checkmate28]

AVA.V Aurvista +10% Now +100% last 40 days. That makes 3 stocks from 11 on my year end list that have been up 100% since my post.

I think Aurvista has a long way to go. I still like it on any pull back. This will be a large 5m oz bulk Gold mine with Copper and Zinc.

Market Cap still only 30 million. They are financed through the year for a 30,000m drill program.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127792495

[checkmate28]

DNI Metals Now bidding .07 with no shares available until .15

THis is the 4th plus 100% up stock from my year end list OF 11.

ORV Orvana will be the 5th shortly. I sold USA Silver to buy this and will enter back in USA later in the year.

GWA Gowest gold should make a nice move before midyear. Things are going well and Harte gold HRT.V their best comparable, just keeps going up as the market see what they have. Gowest is about 6 months time behind them


DNI Metals being such a small market cap company, was not for everyone, but that was a no brainer for me. Their just getting started. Drill is either on the water or landed on DNI's property at which point they will drill out the property with PEA in less than 6 mths. This is paid for already and will prove DNI to be the hottest graphite company out there in the not so hot now graphite space. They will prove up the near best graded most economical graphite project out there from anywhere on the planet and are near the only company fully permitted to drill. Clean energy equals battery storage, equals higher graphite demand. Look for moves on the Oretec Lab in the near future with much news right after. Think about how they might use the lab synergies for their graphite project or other technologies that might play into clean energy.

http://www.processortech.com/

I have another extremely hot company Im currently finishing up DDing. This is an anomaly in todays market. Such an anomaly, I thought there had to be something wrong.

Thanks for noticing Koz

Checkmate28

[checkmate28]

GWA Trading at .16 is no brainer & cheap as its going to get!! Harte gold .07 just 12 mths ago when they started their bulk sample. Now trading .49 or a 10 bagger while their processing their bulk sample just 30 km down the road. GWA is near a splitting image in resource size, both toll milling but GWA is 12 mths behind in timeline. Been a long wait but Wont be long and GWA will be sending ore for processing. Pre Feas shows sub $900 AISC with very low IRR. High grade, lots of land and great mgt is key here. Ill have some long conversations with them next week as well.

[checkmate28]

DNI Metals DNI.ca DMNKF Now trading at .095 + 200% from the Dec low when I posted this strong buy with many updates along the way. Playing out exactly like I said. Hopefully someone did some DD and followed me on this one. Link back for the tax loss list.
My Jan 2017 post
My 2016 Tax loss and Pic 3 Candidates posted late, as I didn't want to tip my hat for SSkills1 Pic 3 contests. Most pricing info shown is from the end of year but most are close now. Most were much less mid Dec as well. No special order.

DNI.c DNI Metals. .04 Now - MC$1M - .03 in Dec -Would have been pic 3 if it qualified
The market is going to find out that most or all the current Canadian Graphite companies will never build a mine in Canada due to hard rock costs. DNI on the other hand has a drill on the way to Madagascar right now. Mark these words, heres whats going to happen. In 6 -8 mths time, they are going to drill their property, prove up sector leading grades and flake size and provide at least a PEA showing they are shovel ready, and fully permitted to build a mine that is 1/5th the CAPEX and 1/2 the OPEX of all their Canadian competition. Highly profitable with low operating expenses. The typical list of Graphite developers doesn't register DNI. They will soon move to the top. Buying this now at a $1.M USA valuation is going to look like genius. Ive been buying all I can at 3 - 4cents. Not much buying opportunity but get em if you can. Part 2 of the equation I haven't even mentioned is the Lab. Stay tuned here.

Were a month or 2 late, but stay tuned as were only in the 1st inning. Its coming hot and heavy. Extremely solid company, solid assets, solid business plan, brilliant management. Im headed to Madagascar this week for 10 days. Going to see this with my own eyes!

[bbotcs]

checkmate28: wonderful post. Thank you. PAAS is a stock I have owned for years, and have gotten nowhere, but it's day will come.

It might be a mistake, but I plan to buy more USA, but might wait until it is listed on the NYSE. Due to the drop in the Canadian $ versus the U.S$, even though I've had nice gains in some of my Canadian plays over the past 18 months or more, when the profits are coverted back to U.S. dollars, my profits dry up.

[checkmate28]

Excellon Q3 production results

TORONTO, ON --(Marketwired - October 16, 2017) - Excellon Resources Inc. (TSX: EXN) (OTC: EXLLF) is pleased to announce third quarter 2017 production results from the Platosa Mine in Durango, Mexico.

Q3 2017 Production Highlights

Material increase in production following the completion of the Optimization Plan, including:
Silver equivalent ("AgEq") production of 500,763 ounces, up 73% from Q2 2017 and 96% from Q3 2016
Silver production of 226,173 ounces, up 41% from Q2 2017 and 47% from Q3 2016
Lead production of 1.6 million pounds, up 86% from Q2 2017 and 78% from Q3 2016
Zinc production of 2.2 million pounds, up 95% from Q2 2017 and 86% from Q3 2016
Production rates averaging 200 tonnes per day (tpd) vs. 125 tpd in Q2 2017
Production headings accessed four mantos by the end of the quarter, including the high-grade 623 Manto, with further increases in production planned through the remainder of the year

[checkmate28]

Excellon EXN EXLLF I rode this out of year end 2015 for a 10 bagger based on how I knew the Optimization program would turn around the sentiment and eventually the financial health of the company. In 2015, based on sentiment and current numbers alone, the market had them left for dead.

Sold most of my position in 2016 since I thought the comeback was overdone and a little early.

Truth is, Excellon is optimized NOW and this q3 report is way short of where they will be during the forth quarter.

Q3 financial numbers should be out shortly and I think the market will read them as very good. This bump will only be tip of the iceburg since there was much development ore mixed in and most of the quarter represented the dring up of the high grade areas allowing for the set op of a spectacular Q4

Its the italicized words below that tell the story!
https://web.tmxmoney.com/article.php?newsid=6283443849666446&qm_symbol=EXN

In late September, the Company accessed the Pierna Manto and the upper part of the 623 Manto.

The 623Mantos (2255 g/t AgEQ at 11 meters and growing)
https://web.tmxmoney.com/article.php?newsid=6283443849666446&qm_symbol=EXN


Development rates also increased significantly during the quarter with 269 metres of ore development (an 84% increase over Q2 2017 - 146 metres) and 292 metres of waste development (a 39% increase over Q2 2017 - 210 metres).

The Company is currently producing from multiple headings on the Rodilla Manto, Pierna Manto and the connection between the Guadalupe South and 623 mantos.

The connection is a new found 2000g/t ore that is right smack where they are mining now and thru Q4

These holes have successfully defined and infilled a 100 by 25 metre zone connecting and expanding the 623 Manto (M+I resources of 83,000 tonnes grading 1,866 g/t AgEq) and the Guadalupe South Manto, which is currently in production. These consistent high-grade, massive sulphide intersections average approximately four metres thick across the zone and range from five to six metres in the north, to approximately one metre on the southern edge. Significantly, this newly defined mineralization is near existing mine workings and may be accessed before the end of 2017.

Consider the large insider additions by Eric Sprott who has bought $1Million of EXN stock on the open market in the last 3 weeks

Checkmate28

[checkmate28]

Kirkland Lake Gold KL KL.T All Star 2017 and Q4 2017 operating results:

I listed KL on my best 2016 Tax loss buys in Jan17 +175% in 2017
First they Bought my St Andrews Goldfields, than bought Newmarket, Added CEO Tony Macuch from Lakeshore and those grades. I knew it was a powerhouse. Cant wait to see the financials for 2017

2017 production of 596,405 ounces

Other 2017 highlights:

Strong growth in mineral reserves
• Fosterville reserves more than doubled to 1,030,000 ozs average grade 17.9 “g/t”
• Macassa reserves to 2,010,000 ounces average grade of 20.8 g/t

Improved balance sheet strength
• Cash $230 million at December 31, 2017
• Debt eliminated: 6.0% convertible debentures repaid June 30, 2017; 7.5% convertible debentures matured December 31, 2017 (converted into 4,505,393 commons shares)
Industry-leading shareholder returns
• KL top performing stock on S&P/TSX Composite Index in 2017 with share price increasing 174.5% (for full-year 2017)
• Quarterly dividend payment announced in March, doubled to $0.02/share for January 15, 2018 payment
• 5.4 million common shares repurchased for C$76.5 million through normal course issuer bid