Eric O's Favorite Gold Miners

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Eric Original
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PZG

Yes, add PZG to that list of development projects.  I don't own any right at this moment, but I'm watching it more closely these days.

Pretium, Romarco, Sabina, and North Country should be on that list as well.  Recent additions.

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EschatonMaster
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Primero

Primero frustrating anyone else? Does anyone know what the story is with it?

kjm
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I haven't followed Brd

I haven't followed Brd lately  Zman so can't offer any thoughts on the company.  Just threw that commentary out there so you would be aware of the issues. The guys at M.A. are top notch when it comes to due diligence. Mind you , they aren't saying to stay away from it, just raising some caution flags.

Good luck

Eric Original
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I have a lot of stuff going

I have a lot of stuff going down today....except for the stuff I wanted to buy!  angry

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Eric Original
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Huge volume on GBN

Wow, 5.5 million shares on Golden Band, against an average around 200k.   Maybe we are finally going to get some movement on this puppy. yes

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Eric Original
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EschatonMaster wrote: Primero

EschatonMaster wrote:

Primero frustrating anyone else? Does anyone know what the story is with it?

Oh, yea....

Seems like nothing will happen until they get some clarity on the grades of their reserves and on the silver situation with SLW.  I own a bunch, but I'm not happy.  Today was the first good day in a while.

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Eric Original
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Moneta Porcupine

Looks like they are doing a $5M financing.  It's weird though, because I didn't see this on any of my usual places I get news, and I don't see it on the company's own website.

http://www.marketwire.com/press-release/moneta-porcupine-mines-announces-5-million-bought-deal-financing-tsx-me-1623834.htm

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Eric O...Hidden in plain sight?...

Eric Original wrote:

Looks like they are doing a $5M financing.  It's weird though, because I didn't see this on any of my usual places I get news, and I don't see it on the company's own website.

http://www.marketwire.com/press-release/moneta-porcupine-mines-announces-5-million-bought-deal-financing-tsx-me-1623834.htm

It looks like the news came out after the close...that's why I didn't see it either!...I notice the PP closes on March 20th...perhaps that's the date when Geeece "finally defaults"...& is recognized on all of the sheeple media networks...& gold punches through $1900+...Shit happens for a reason...& the timing is usually correlated to a specific event!...If your miner is going to go sideways for awhile because there won't be anymore drill results until March 20th...then why waste the time going sideways?...Might as well do a financing!...Hmmm...I wonder how many other miners are going to be doing a PP?...Hmmm...there sure are a lot of drill results scheduled for my pennies around that same date...March 20th...I will be watching with an eye wide open...as"the Emperor looses his clothes"!!!...

Bag Of Gold

Eric Original
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Hey BOG

Need your opinion on something.  A "bought deal" financing is generally preferable for us than one of those goofy deals with all the warrants and flow throughs and everything isn't it?

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Eric O...

Eric Original wrote:

Need your opinion on something.  A "bought deal" financing is generally preferable for us than one of those goofy deals with all the warrants and flow throughs and everything isn't it?

Yes it is "tier 1"...which means the PP is priced at a larger discount to the market...may be easier to sell...& eliminates market risk because the Issuer/client are the only ones who may do a deal!...Also...the issuer must hold the securities & cannot sell them...So if the market price falls below the issue price...the issuer loses money...& must use their own capital...A bought deal is cut & dried...pretty well a guaranteed at the specified price...instead of at the whims of the market!!!...

Bag Of Gold

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ATN

Eric,

I did see some discussions regarding ATN previously, and yes it would have been a spectacular buy 8 months ago.

Though even with today's price, with yesterdays 8.21% increase, it still seems cheap.

They do have debt but some cash available and gold on stock, a lot of infrastructure in place and current production.

If they get anywhere near 200K annually production by 2015/16, even with some stock dilution, they should be priced along RIC, AUQ, MFN, etc..

Or I'm missing something here? 

Eric Original
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Atna Resources

HCA wrote:

Eric,

I did see some discussions regarding ATN previously, and yes it would have been a spectacular buy 8 months ago.

Though even with today's price, with yesterdays 8.21% increase, it still seems cheap.

They do have debt but some cash available and gold on stock, a lot of infrastructure in place and current production.

If they get anywhere near 200K annually production by 2015/16, even with some stock dilution, they should be priced along RIC, AUQ, MFN, etc..

Or I'm missing something here? 

It would have been a great buy even a month or two ago, when I first saw it.  Still kicking myself for not getting any at 80 or 90 cents.  But like I say, you can't buy them all!

I still think it looks pretty good though.

I'd maybe dial back the expectations just a little bit on production.  I'm thinking near term start up at Pinson of maybe 75,000, plus the current 40,000 at Briggs, gives us 115,000 total.  Compare that to Richmont, Claude, Wesdome, and I don't know why Atna wouldn't be an easy double or triple over the next year or so, even from todays price.   I'm thinking around $4 a share, for around a $450M market cap.  It's 1.45 today.

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Freegold Ventures

Was doing some research on miners--is anyone following Freegold Ventures Inc?  Alaska miner currently @ .75 cents with a market cap of 45 million.

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THO

Hi All

Love this thread. It sure helps newbies like me learn a lot .

I was wondering if any of you have any thoughts in regard to Tahoe ( THO )

I have owned some for some time now and have been thinking of selling or taking some profit off.

Thanks a ton guys 

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Eric Original
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rule of law wrote: Was doing

rule of law wrote:

Was doing some research on miners--is anyone following Freegold Ventures Inc?  Alaska miner currently @ .75 cents with a market cap of 45 million.

I think you are on to something VERY INTERESTING there!   But honestly, I've got more stocks on my list now than I can really do a decent job of tracking. 

Please be a sport and keep us updated on this one!

EO

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Eric Original
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cheekco wrote: Hi All Love

cheekco wrote:

Hi All

Love this thread. It sure helps newbies like me learn a lot .

I was wondering if any of you have any thoughts in regard to Tahoe ( THO )

I have owned some for some time now and have been thinking of selling or taking some profit off.

Thanks a ton guys 

Being in Guatemala pretty much takes Tahoe off my radar screen.  But I wholeheartedly invite other readers of  this thread to chime in with their thoughts.  

I never meant for this thread to be all about me and my thoughts.  I'd love to see a lot of other posts from people, on miners that I don't personally follow.  I'd like this thread to be more of an open forum on gold and silver miners of all stripes.  

I've made my biases clear, but that DOES NOT mean that discussion of other miners is unwelcome!  Bring it on!

EO

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Everyone knows about Claude

Everyone knows about Claude and Golden Band, but who is a third gold explorco. in the region with only 25m shares fd. ?

Saskman
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25M shares outstanding

kjm

you are likely talking about La Ronge Gold Corp

Property surrounding the Greywacke property owned by MAS and GBN, and Wedge Lake property beside GBN's Golden Heart Deposit, and Preview Lake beside GBN's Preview Lake property.

I am fairly knowledeable in regards to Sask. Am I right?

Eric Original
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La Ronge Gold

I did have a little note on the back of my Golden Band file about La Ronge, but I haven't checked in on it in quite a while.  What's new over there?

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La Ronge Gold Corp

I don't know any of them personally

They did a PP in Dec for $1M

Now they are drilling at Preview Lake. Has historical ~1986 resource estimate of 196,000 oz. So they are reviewing historic core samples and trying to build 43-101

I think their best property is Cuchon Bay (beside Greywacke) but the only work done is really a fly over identifying mineralization.

Wedge Lake (beside Golden Heart) has historic 1982 estimate of ~100,000 oz 

The BOD at GBN were giggling about having LAR locked out at the AGM

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