Call Us TODAY 1-877-919-5979
Gran Colombia has released positive Q1/19 financial results, which highlight record quarterly gold production and revenue. We believe the company is positioned to meet and potentially exceed 2019E guidance. We maintain our fair value estimate of C$6.00/sh and expect operating execution, exploration updates from Segovia and the Marmato PEA to drive a progressive re-rating towards our fair value estimate.Highlights:
Rockcliff announced positive drill results from its Laguna property, optioned to Kinross Gold Corp (TSX:K). We highlight that Rockcliff remains focussed on the planned 100,000m drilling program focussed on its base metal deposits and the largely untested Snow Lake South Emerging Mining Camp.Highlights:
Brixton has announced its intention to kick-off its 2019 exploration program with a 1,000m hole at its Thorn Project before shifting focus to Atlin. Our fair value estimate is C$0.28/share, underpinned by our belief that Atlin has the potential to deliver a significant gold discovery. We currently ascribe zero value for Thorn in our estimates, but work to date suggests the project could yield a copper-gold discovery.Highlights:
Coro has announced the acquisition of two new property claim areas, contiguous to and around Marimaca, significantly expanding their property to the northwest and northeast. We note that ongoing exploration work continues to demonstrate Coro’s potential as a viable copper heap leach story, and we expect that ongoing drilling could materially expand the company’s current resource.
Novo has announced the receipt of mining leases and approvals for its Beatons Creek project which significantly de-risk the project. The Company is now evaluating development options. We continue to believe that as the company advances multiple projects in 2019, Beatons Creek, Karratha and Egina, it should re-rate towards our fair value range of C$2.70-5.10/sh.Highlights:
Red Cloud Klondike Strike Inc. is registered as an Exempt Market Dealer (EMD) in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland & Labrador, and Yukon.
Red Cloud Klondike Strike Inc. connects mining companies with suitable investors that qualify under available regulatory exemptions. For example, in Canada, according to National Instrument 45-106, Prospectus and Registration Exemptions. Similar laws and regulations apply in other jurisdictions. Companies presented on this website are considered to be highly speculative and, as such, are suitable only for purchasers who can tolerate the highest level of risk including the loss of their entire investment.
© Copyright 2018 Red Cloud Klondike Strike Inc. All rights reserved.