Although it also has some interesting 100%-owned prospects in the area, the main reason to own shares in Silver North Gold aka SNAG right now is its JV with Coeur on the Tim Ag/Pb/Zn prospect in Yukon Territory. It is located on the road to Coeur's producing Silvertip mine and clearly Coeur thinks there is a decent chance of finding similar CRD mineralization at Tim. Hence this summer they are funding a 2000m drill programme focused that will encompass six drill pads over a 2km potential CRD strike length.
After a brief interregnum, west African gold miner Endeavour Resources aka EDV continues on a roll. The latest good news is that its shares have been added to the FTSE 100 Index, the premier blue chip index on the LSE. This will not only cause a re-rating of the stock, it will result in new buying from funds that track the index. The article I linked includes a chart showing how closely EDV has tracked the POG since they share price bottomed out in February following the firing of their CEO. I expect EDV to outperform the PoG going forward.
FWIW, Canaccord released a new analyst report on WGX, which is merging with fellow Australian miner Karora Resources aka KRR. They kept them at Buy with a target of $A3.35). (WGX is currently trading at $A2.51.) Now we wait to see if a competing bid comes before the deal closes.
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