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speedybure (< 20)

Speedy's Top 5 Gold Miners 2012'

Recs

21

February 24, 2012 – Comments (14) | RELATED TICKERS: AUQ , KBXRF


5) Aurico Gold - Aurico should get a material re-valuation come year end , perhaps earlier as news from Young-Davidson is released. My personal valuation just for Ocampo & YD [using $1,500 Au, $30 Ag, 10% Discount Rate is in excess of $14/shares based solely on 2p reserves). Aurico also has lucrative assets producing or that are in development, in terms of assets on-top of its flagshi properties. El-Cubo, Kemess, El Chanate conservatily add an additional $5 in NAV, but excludes Guadalupe Y Calvo, Statwell, Fosterville, Orion.  

 

4) Colossus Mining - One of the highest grade deposits in the world will commence pre-production in Q3-Q4 and commercial production in Q1 2012. Management includes several who oversaw construction of sucessful start-up operations at various Yamana properties. Projected to produce approx 200k Au in 2014, Sierra Pelada has significant byproduct credits in the form of palladium and platinum, which will yield cash costs below negative [ -- $200/oz]. Initial production will only focus on the CMZ, with significant upside exploration remaining.

 

 3) Goldgroup Mining - A grossly undervalued emering junior producer will release an updated PEA of its flagship property [ Caballo Blanco], which production is already to be estimated at 200k/yr [commecing 2014] at intial target rate of 100k/yr.

 

 2) Kimber Resources - Trading for 25% or net of cap-ex reqs, Kimber, in my view has to go higher or a takeover bid is likely at somepoint. Some more de-riskiing will come in April, which should be a catalyst for the stock to move higher or be taken out.

 

 1) Metanor Resources - Bachelor Lake will reach commercial production in q2-q3 2012 and reach feasibility levels in q3-q4. This will translate into what I think will be higher than current estimate production [as significant exploration is indicating average grades over 8.5 g/t , opposed to the 7.6-7.8 g/t currently outlined. On an Annualized basis, Bachelor will produce 60-65k/yr, running at 66% mill capacity and sub-$400 cash costs. Mill throughput could be increased 20-30% via acessing higher grade levels [Hewfran]. It;s develpment stage Barry Deposit [simiiliar to detour lake/canadian malartic ] on a smaler scale, where Metanor is currently seeking out a JV partner.  

14 Comments – Post Your Own

#1) On February 25, 2012 at 8:52 AM, XMFSinchiruna (28.01) wrote:

Thanks speedy! Very interesting picks! Kimber is a top holding of mine, and I continue to accumulate.

AuRico Was my No. 2 pick for 2012, but you're right to point out that YD's gradual ramp-up per the long-established mine plan means full market recognition might come later in the year or early next. Still, I see the stock enjoying a steady incline to take back the prior high even before the YD pop is applied. Guadalupe y Calvo PEA is later than anticipated, but they assure me it's coming soon. I'm eager to confirm swift resolution of recent challenges at Ocampo.

I first encountered Goldgroup only recently, and would need to look deeper before offering informed comment. Metanor and Colossus I know fairly well, and I think they're compelling choices.

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#2) On February 25, 2012 at 8:54 AM, XMFSinchiruna (28.01) wrote:

I referenced and linked to one of your top 5 silver blogs yesterday:

 http://www.fool.com/investing/general/2012/02/24/how-to-buy-silver-at-a-93-discount.aspx

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#3) On February 25, 2012 at 9:55 AM, eeibbay (< 20) wrote:

Great series Speedy

If I remember rightly, Sandstorm have a deal with Metanor which I like. Must look into the others.

Good series on silver as well.

Can I ask you or Sinch a question on OK. You have both mentioned it recently and I was wondering what do you think of the chances of PAAS just completely taking it out to avoid any contractual timeline issues.

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#4) On February 25, 2012 at 12:29 PM, speedybure (< 20) wrote:

Given the structure of JV deal [PAAS 55%/Orko 45%] and the size of Orko, it makes no sense not to buy it. Per the JV deal PAAS must comeplete all the neccessary studies and cover all the cap-ex, which when all is said and done will be 260m+. 

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#5) On February 25, 2012 at 7:34 PM, eeibbay (< 20) wrote:

Thanks Speedy

Appreciate that and again, well done on the blogs. Great read and lots of homework for me to do.

 

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#6) On February 27, 2012 at 7:33 AM, skypilot2005 (< 20) wrote:

Speedy,

Do you still like  Sandstorm Metals  &  Energy?

Sky

 

 

 

 

 

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#7) On February 27, 2012 at 11:31 AM, speedybure (< 20) wrote:

Yes, very much, Although I;m not expecting much until the latter half of 2012/first half of 2013. 

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#8) On February 27, 2012 at 5:57 PM, skypilot2005 (< 20) wrote:

 Speedy,

I threw a  link up  here  to your  CAPS  page:

 http://boards.fool.com/speedy8217s-top-silver-picks-29863274.aspx

Someone there asked  me who  Speedy  was.

Thanks,  for  sharing  your excellent  D. D.  I  appreciate  it  and Iam  literally  richer  for it.

As  for  Standstorm  Metals, I have  a  bunch  of  it and update my   D. D.  ongoing.   I   just  don't  see  any  reason  not to.

The  share  price  makes me  mad.  So  mad,  I   may  just  double  up.

:)

Sky

 

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#9) On February 27, 2012 at 8:44 PM, speedybure (< 20) wrote:

Not a problem

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#10) On February 28, 2012 at 11:36 AM, SN3165 (< 20) wrote:

Royal Coal recently went under - "Royal Coal is currently unable to meet its ongoing financial obligations in terms of operational requirements and debt servicing. Sandstorm has senior security over the assets of Royal Coal." I guess this is actually good for Sandstorm...

Speedy if you have any more info. on Huldra it'd be appreciated, I am quite intriguied but there seems to be a lack of info. out there on the company. Thanks

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#11) On February 28, 2012 at 7:44 PM, skypilot2005 (< 20) wrote:

 SN,

Here's a  cursory  "look":

 Sky

 

http://www.huldrasilver.com/

52wk Range:0.89 - 2.15     On    Feb. 26,  2012

HDA.VN

Yahoo:   HUSIF.PK

US   Trading   symbol:    HUSIF

Coeur (CDE) owns 1.9 million shares (aprox 14%)

July 14, 2011 note 20 pg 30 form 10Q:

http://www.sec.gov/Archives/edgar/data/215466/000095012311074168/v59559e10vq.htm

On July 14, 2011, the Company paid $2.0 million to purchase 1.9 million shares of Huldra Silver Inc., a near term silver producer in British Columbia at its Treasure Mountain Project. The purchase represents a 14.05% interest in Huldra Silver Inc
***


Plant on order ,ore stockpiled and set to start this winter.
Get some now (IMO)

**

http://caps.fool.com/Blogs/1-amp-2-of-speedys-top/713095#commentsForm

2/23/12

#1 & #2 of Speedys top Silver Miners for 2012

**

http://www.huldrasilver.com/huldra-silver-provides-additional-drill-results-from-the-2011-exploration-program-at-treasure-mountain-that-includes-1565-grams-per-tonne-ag-over-1-2-metres-in-hole-tm11-36/

2/14/12

Huldra Silver Provides Additional Drill Results from the 2011 Exploration Program at Treasure Mountain That Includes 1,565 Grams Per Tonne Ag over 1.2 Metres in Hole TM11-36 ** http://www.huldrasilver.com/huldra-silver-provides-bulk-sample-update-for-treasure-mountain/ Huldra Silver Provides Bulk Sample Update for Treasure Mountain 2/8/12 ** http://manganeseinvestingnews.com/2110/huldra-reports-manganese-bulk-sampling-results-at-treasure-mountain/   2/8/12 Huldra Reports Manganese Bulk Sampling Results at Treasure Mountain

**

http://www.huldrasilver.com/huldra-silver-announces-amendments-to-the-terms-of-the-craigmont-acquisiton-agreements/ 2/3/12 Huldra Silver announces amendments to the terms of the Craigmont Acquisiton agreements ** http://www.marketwatch.com/story/huldra-silver-announces-draw-down-of-third-tranche-of-credit-facility-2012-01-20 1/20/12 Huldra Silver Announces Draw Down of Third Tranche of Credit Facility **

 

 

 

 

http://finance.yahoo.com/news/Huldra-Silver-Inc-Announces-ccn-1022170153.html?x=0&.v=1

Huldra Silver Inc. Announces the Close of Two Non Brokered Private Placements for Gross Proceeds of $1,910,480 and Retention of Sequoia Partners Inc.

12/22/10

“The company is pleased to have Sprott Asset Management LP, on behalf of certain funds and managed accounts, participate in these private placements for in excess of $1 million dollars.”

http://www.huldrasilver.com/investors/stock-info/

HAD.V

http://www.huldrasilver.com/projects/treasure-mountain/overview/

http://www.silverseek.com/article/huldra-silver-receives-geochemistry-results-124-grams-tonne-silver

12/12/11

12/7/11

http://news.silverseek.com/SilverSeek/1323285676.php

Huldra Silver Receives Geochemistry Results Up to 124 Grams Per Tonne Silver

**

http://www.reuters.com/article/2011/06/21/idUS208350+21-Jun-2011+MW20110621

6/21/11

Huldra Silver Inc. Announces Entry Into Mill Purchase and Services Agreement

**

http://www.dailyfinance.com/rtn/pr/huldra-silver-provides-additional-drill-results-from-the-2011-exploration-program-at-treasure-mountain-that-includes-7-013-grams-per-tonne-ag-over-1-37-metres-in-hole-tm11-26/rfid507017988/?channel=pf

Huldra Silver Provides Additional Drill Results from the 2011 Exploration Program at Treasure Mountain That Includes 7,013 Grams Per Tonne Ag Over 1.37 Metres in Hole TM11-26 11/23/11

**

http://www.merrittnews.net/article/20111027/MERRITT0111/111029826/-1/MERRITT/treasure-mountain-will-employ-dozens-according-to-huldra

10/27/11

Treasure Mountain will employ dozens, according to Huldra

**

 

http://canadianroyalmining.com/huldra-silver-inc-announces-entry-into-mill-purchase-and-services-agreement

6/21/11

**

http://www.huldrasilver.com/wp-content/uploads/2010/06/Condensed-Consolidated-Interim-Financial-Statements-For-the-Three-and-Nine-Months-Ended-September-30-2011-2010.pdf

**

http://www.merrittherald.com/news/119883764.html

Huldra Silver Inc. to acquire Craigmont

4/14/11

 

**

12/22/10

 

http://www.huldrasilver.com/huldra-silver-inc-announces-the-close-of-two-non-brokered-private-placements-for-gross-proceeds-of-1910480-and-retention-of-sequoia-partners-inc/

Huldra Silver Inc. Announces the Close of Two Non Brokered Private Placements for Gross Proceeds of $1,910,480 and Retention of Sequoia Partners Inc.

“The company is pleased to have Sprott Asset Management LP, on behalf of certain funds and managed accounts, participate in these private placements for in excess of $1 million dollars.

The proceeds will be used to advance exploration and development of Huldra’s 100% owned Treasure Mountain Project and for working capital purposes. For more information visit the Company’s website at www.huldrasilver.com.”

 

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#12) On February 28, 2012 at 8:31 PM, eeibbay (< 20) wrote:

Speedy

I have asked over on the fools boards but I thought I might get your opinion. Any idea why there was almost 10million SND shares traded today? The 3 month average appears to be about 720K.

Or is this volume spike even relevant?

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#13) On March 02, 2012 at 6:31 AM, skypilot2005 (< 20) wrote:

On February 27, 2012 at 11:31 AM, speedybure (79.55) wrote:

Yes, very much, Although I;m not expecting much until the latter half of 2012/first half of 2013.

****

http://www.sandstormmetalsandenergy.com/s/NewsReleases.asp?ReportID=510099&_Type=News-Releases&_Title=Sandstorm-Metals-Energy-Announces-Updated-Resource-Estimates-at-the-Rex-No....

 

March 01, 2012
Sandstorm Metals & Energy Announces Updated Resource Estimates at the Rex No. 1 Mine

 

Sky

 

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#14) On November 06, 2012 at 10:17 AM, azinsd (< 20) wrote:

Speedy,

 I follow your analyses - thank you.

 Any updates on Kimber?  Obviously prices is down and Sinch, though still bullish, recently expressed some concern (in a comment on a recent MF article) about the mine.

 Thanks.

 azinsd

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