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Dahlman Rose & Co. Initiates Coverage on Seabridge Gold

Posted by AGORACOM at 10:27 AM on Monday, February 9th, 2009

  • Measured and indicated resources under NI 43-101 stand at 27.8 million ounces of gold and 5.3 billion pounds of copper.


  • Inferred resources total another 22.1 million ounces of gold and 2.9 billion pounds of copper. Programs are underway to increase resources and upgrade inferred resources to indicated.

Dahlman Rose & Co. Initiates Coverage on Seabridge Gold Inc.

Adam P. Graf, CFA Director of Equity Research states, “Seabridge Gold Inc. has among the largest gold resource bases of any pre-producer, while maintaining a low share count and no debt. In addition, the vast majority of gold resource is contained in two large, long-lived assets. This awards Seabridge not only with strong optionality for the gross value of its assets, but high leverage on an ounce-per-share basis.”

Per Share Gold Leverage for Select Emerging Miners

DISCLOSURE: Seabridge Gold Is An AGORACOM Client. Investors are urged to read the complete research report to properly assess risks and rewards.

Posted in 43-101's, AGORACOM Clients (New) | 1 Comment »

Evolving Gold (EVG:TSXV); Northern Star Mining (NSM:TSXV) Increase By 13% On Gold Holdings

Posted by AGORACOM at 10:06 PM on Thursday, February 5th, 2009

Evolving Gold (EVG:TSX-V)
0.34 +0.04 (13.33%), Vol. 365,800
Click here to access the Evolving Gold IR Hub

The 411: The company currently has $18 Million in the treasury. Hole RSC-003 recently intersected 2.92g/t gold over 146m. The Evolving Gold management team has over 200 years of collective experience.

____________________________________

Northern Star Mining (NSM:TSX-V)
0.54 +0.06 (13.68%), Vol. 187,389
Click here to access the Northern Star Mining IR Hub

The 411: Northern Star Mining’s crown jewel, the Midway property, is an advanced gold project located in the Abitibi Gold Belt in Quebec. Recent results include: 2.54oz/t Over 15.74 Ft on the significant new Midway gold discovery

We are seeing a meaningful shift into junior gold companies with solid projects, management and cash.  This should not come as a surprise to AGORACOM members who heard us make this call in Q4.  Bad juniors are dead and buried (good riddance) – but a lot of money is flowing into the quality juniors.

Stay tuned folks. This next 18 months may be a hell of a ride.

Regards,
George

Posted in 43-101's, AGORACOM Clients (New) | Comments Off on Evolving Gold (EVG:TSXV); Northern Star Mining (NSM:TSXV) Increase By 13% On Gold Holdings

Nayarit Gold (NYG:TSXV). Cash In The Bank, Upcoming Resource Calculation and Scoping Study

Posted by AGORACOM at 4:55 PM on Wednesday, January 21st, 2009

On Tuesday January 21, 2009 Nayarit Gold Inc. was added to the AGORACOM 100. Nayarit Gold is focused on the Orion Project which lies in the Sierra Madre Occidental, a prolific mining district in northern Mexico.

Highlights include:

  • Completed $10m financing – (July/08)
  • Phase II Drill Program in progress
  • 30,000m of drilling underway
  • Targeting resource calculation in Q1/09 and scoping study in Q2/09

Recent News

Nayarit Gold intersects 11.95 metres of 12.4 g/t gold equivalent, or 742 g/t silver equivalent, or 3.67 g/t gold and 522.3 g/t silver

08:30 EST Wednesday, January 21, 2009

Nayarit intersects 24.51 metres of 16.65 g/t gold equivalent, or 832.5 g/t silver equivalent, or 6.63 g/t gold and 500.9 g/t silver

08:15 EST Thursday, December 17, 2008

Nayarit Full Profile

Nayarit HUB

Nayarit Shareholder Forum

Posted in 43-101's, AGORACOM Clients (New), All Recent Posts | 1 Comment »

Scoping Study Calls For $1.7 Billion In Annual Profits

Posted by AGORACOM at 9:42 AM on Thursday, April 17th, 2008

Good morning to you all. I’m proud to announce that our newest client – Legend International Holdings (LGDI:OTCBB) released significant results from a scoping study on its phosphate projects in Queensland, Australia. Quite frankly, these are the biggest numbers I have ever seen , the highlights of which are included below:

The scoping study was conducted by British Sulphur, a division of CRU International. They prepared initial project capital and operating costs assuming sale prices for phosphate of US$100 per tonne fob, US$200 per tonne fob, US$300 per tonne fob and US$400 per tonne fob.

In March 2008, sales of Moroccan product at US$400 per tonne fob Morocco were recorded. Phosphate isn’t priced on a daily market like gold or soybeans, so you have to take actual market transactions.

Based on $US 400/tonne:

  • Annual Gross Earnings – $US 1.7 Billion
  • 5 Million Tonnes Of Production Per Year
  • Historically Defined Phosphate Deposits of 1.463 billion tonnes
  • At $300 Per Tonne, Annual Gross Earnings – $US 1.2 Billion
  • At $200 Per Tonne Annual Gross Earnings – $US 700 Million
  • Phosphate Prices Driven By Global Agricultural Demand For Fertilizer
  • CAPEX Of $826 Million To Construct Infrastructure

Given the gravity of these figures, I also think it is important to note the producers of the Scoping Study to make sure it is reliable. The British Sulphur Consultants Division of CRU Group has been the leading business consultancy in the fertilizer and inorganic chemical sector for over 50 years. British Sulphur was the first supplier of information to the fertilizer industry, and remains the largest provider of services to the industry.

As of yesterday’s close, Legend has a market cap of $US 433 Million.

View the entire press release here.

View the Legend Int’l HUB here.

Regards,
George

Posted in 43-101's, AGORACOM News And Events, AGORACOM Small-Cap TV, All Recent Posts, Small and Micro-Cap Space, US Economy, Web 2.0, 3.0, ... | 3 Comments »

Creston Moly (CMS: TSXV) Trades Over 3,000,000 Shares After BNN Interview

Posted by AGORACOM at 1:30 PM on Tuesday, April 15th, 2008

Creston Moly Logo

Good afternoon to you all. Jonathan George, President and CEO of Creston Moly Corp, (an AGORACOM client) was featured on BNN Power Breakfast today and the company has traded over 3,000,000 shares as of 2:00 PM EST. In addition, the share price is up 7.94%.

This doesn’t come as a surprise to most AGORACOM members given the following facts about Creston Moly:

  • They own Mexico’s largest Molybdenum project (El Creston)
  • NI 43-101Indicated Resource of 169,000,000 pounds of Molybdenum
  • NI 43-101Inferred Resource of 141,000,000 pounds of Molybdenum
  • Mineral Resources at El Creston are open pittable
  • $40,000,000 Financing
  • Mining Rights Fully Secured

If you want to know more about this great story, you should do the following:

  1. Watch the BNN interview below. It is a concise but informative 5 minutes.
  2. Go to the Creston Moly IR HUB here on AGORACOM

Posted in 43-101's, AGORACOM Small-Cap TV, All Recent Posts, Small and Micro-Cap Space | Comments Off on Creston Moly (CMS: TSXV) Trades Over 3,000,000 Shares After BNN Interview

Rolling Rock Resources (RLL: TSXV) – Increases Inferred Gold Resource To 944,000 Ounces

Posted by AGORACOM at 12:51 PM on Friday, February 22nd, 2008

In a field increasingly being filled with companies lacking great fundamentals, the ultimate differentiator in the junior resource sector is the filing of a 43-101 technical report. Rolling Rock Resources (RLL: TSXV) today announced that the Technical Report supporting the Monument Bay mineral resources as reported on January 8, 2008 is now filed on the Company’s profile at www.sedar.com. Sedar hadn’t posted it as of the time of this posting, so keep checking back.

In the meantime, here is a summary from the press release:

The new estimation increased the inferred mineral resource by 35% to 944,000 ounces gold from 701,000 ounces gold. The resource estimate was made by Thomas C. Stubens, M.A.Sc. P.Eng., Senior Geologist of Wardrop Engineering Inc.

The report – titled Monument Bay Gold Deposit; Focus on Gold Inventory Update – incorporates all previous work to date including over $28 million of exploration expenditures with over 100,000 metres of diamond drilling. The Technical Report was prepared by J.T. Shearer, M.Sc., P.Geo along with Jose Garcia; the Company’s’ Senior Project Geologist.

Monument Bay is Rolling Rock’s 100% owned flagship project that was acquired in March 2006 from what was then Bema Gold Corporation and Wolfden Resources. Monument Bay is located in Northeastern Manitoba, 350 kilometers southeast of Thompson. Red Sucker Lake, with full hydro electric power and airport services as well as winter road access, lies 60 kilometers to the southwest. The project consists of 35 contiguous claims and a mining exploration license covering 25,706 hectares in area.

For more information, make sure to take a look at both the press release and the report on Sedar.

**Disclosure – Rolling Rock is an AGORACOM client that is currently under construction and scheduled to be launched by the end of the month.  Make sure to visit the HUB at that time and find out more about the company.

Regards,
George

Posted in 43-101's, All Recent Posts | 1 Comment »

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