Replies to Post #155 onPRECIOUS METAL PRODUCERS

Replies to #155 on PRECIOUS METAL PRODUCERS

01/29/13 4:02 AM

#156 RE: Penny Roger$ #155

Quebec gold producer Aurizon Mines seeks better offer than $780-million bid by Alamos Gold[t][/t]

BY ROBERT GIBBENS, SPECIAL TO THE GAZETTE JANUARY 23, 2013

MONTREAL — Quebec gold producer

Aurizon Mines Ltd.
said Wednesday a $780-million cash-and-stock bid from Toronto-based
Alamos Gold Inc. is “opportunistic” and too low and
it is seeking a better offer elsewhere.

It has adopted a standard shareholder rights plan to gain time to
find a white knight to improve on Alamos’s $4.65-a-share offer,
which is open for 35 days. Alamos already owns 16 per cent of
Aurizon.

Aurizon said the Alamos bid fails to compensate
shareholders for the
true value of their assets and contains geopolitical and
development risks. “The board is exploring the full range of value-
maximizing alternatives.”

Alamos’s only producing mine is in Mexico and it has development
properties in Turkey and elsewhere.

Putting its assets with the
debt-free Aurizon and its Casa Berardi mine (140,000 ounces
annually) in northwestern Quebec would create an intermediate gold
producer with annual output of more than 300,000 ounces, it argues.

Aurizon is developing more reserves at Casa Berardi and also has a
future gold mine to the southwest and several development
properties in the same area near Rouyn-Noranda.

Several analysts rated the possibility of a counterbid as slender.

Brian Quast, analyst with BMO Capital Markets, expects the Alamos
bid to succeed in its current form.

Aurizon shareholders meet March 7 to vote on the shareholder
rights plan.
Aurizon shares traded at $4.74, down 0.2 per cent, early Wednesday.

Read more:
http://www.montrealgazette.com/Quebec+gold+producer+Aurizon+Mines+seeks+better+offer+than+million+Alamos+Gold/7860569/story.html#ixzz2JLvkofiB

NYBob

02/01/13 2:53 AM

#158 RE: Penny Roger$ #155

Gold miners should hold gold instead of dollars
by David Baker:

A comparison of the managements performance a must -

if you want to ride with a winner or loser?

its often repeat itself -

E.g.,
Major Gold producer GG EPS - $1.76 P/E 21.10

vs. ex.

Penny Gold producer CALVF EPS $0.02 P/E 5.00
NO DEBT - dd....

http://www.businessinsider.com/the-path-to-20000-gold-2013-1
God Bless

NYBob

02/23/13 2:44 AM

#159 RE: Penny Roger$ #155

2013 Wisdom Jim Rogers Financial Advice & Predictions on Gold, Silver ....

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84621850

http://www.goldcorp.com

Gold Will Hit $15,000 per Oz.

Gold Investment Year of the Snake
Fung Shui
After reading this article, people also read

Year of the Snake is a year to buy gold
Feb 12, 2013

China will remain closed for the whole week, only re-opening
on Monday, February 18.

http://www.scmp.com/business/money/markets-investing/article/1147817/various-asian-markets-closed-holiday

Hopefully China brings PPG back up to $1650/oz next week.
Shorts are taking full advantage of China's absence.
Mkt is looking at $1625/oz as next support level on Fri.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84613486

http://www.biblebelievers.org.au/monie.htm

God Bless

NYBob

03/12/13 6:05 PM

#160 RE: Penny Roger$ #155

Source: Canaccord March 12, 2013

Goldcorp (GG : NYSE, G : TSX | BUY, Target US$51.00)
Investor Day highlights solid development pipeline and strong
exploration upside

We reiterate our BUY rating on Goldcorp following the company’s
Annual Investor Day held in Boston on March 8, 2013.
Goldcorp shares continue to offer growth at a reasonable price,
in our opinion.
Goldcorp remains our preferred senior producer based on its
superior high-grade, low-cost growth profile, supported by the
ramp-up of Pueblo Viejo and new production from Cerro Negro,
Eleonore and Cochenour.

Investment highlights
Management remains comfortable with its guidance for 2013,
i.e., 2.55-2.8 Moz at by-product cash costs of $525-$575/oz.
Costs are higher in 2013 due largely to lowgrade phases at
Penasquito and Alumbrera and the start-up year at Pueblo Viejo.

Beyond Pueblo Viejo (now in production), the three development
projects fuelling the production growth over the next few years
include Cerro Negro, Eleonore, and Cochenour.

Goldcorp remains focused on quality growth, low political risk and
maintaining a strong balance sheet. On this front, Goldcorp filed
on SEDAR a Short Form Base Shelf Prospectus dated March 7, 2013,
for the issuance of up to $1.5 billion in debt securities
within 25 months.

We have reviewed our valuation profile of Pueblo Viejo and have made
changes to our assumptions;
namely reconciling cash costs closer to guidance, adjusting our
long term operational cost estimates and the inclusion of copper in
our profile (a byproduct credit of approximately $60/oz).
Our valuation of Pueblo Viejo has declined by
approximately $1/sh, offset by other model changes.
Our 2013 EPS estimate has been revised to $2.19 from $2.14.

Valuation

Our target price remains unchanged at US$51.00 based on 1.0x
our 5%/peak NAVPS estimate of US$50.46 (from US$50.62).

Upcoming potential catalysts
Final permit and first production from Hollinger open pit (Q1/13E)
Cerro Blanco feasibility study (H1/13E)
First gold production from Cerro Negro (Q4/13E)
Completion of the Red Lake – Cochenour haulage drift (Q1/14E)
First gold production from Eleonore (Q4/14E)
First gold production from Cochenour (H2/15E)

Investment risks
The typical risks associated with any mining investment include
commodity and exchange rate risk, permitting and technical
(development/operating) risk.
Investors considering an investment in Goldcorp should consider the
risks associated with the ramp-up of Penasquito and development of
Pueblo Viejo, Cerro Negro, Eleonore and other development projects
in the company's portfolio. ## end copy ---