This morning I take a look at some drill results from Lake Shore Gold and a PEA from Richmont Mines. Lake Shore Gold – (LSG:TSX) – Timmins producer Lake Shore is out with 60 assays and 11 wedge cuts from the 144 trend. The assay results look very promising with some nice high grade intercepts. The first… Continue Reading
This morning I take a look at third-quarter production results from Lake Shore Gold and Endeavour Mining. Lake Shore Gold – (LSG:TSX) – Lake Shore is out with another strong quarter at the Timmins West and Bell Creek Mines in Ontario. Production for the third quarter was 40,600 ounces at 4.0 grams per tonne. Lake… Continue Reading
A look at what caught my eye this morning from mining companies and some comments on each news release. Note Doubleview Capital(DBV:TSXV) is halted pending news which I would expect to be drill assays on the bottom of Hole 23. Assays are pending for a third, wider chalcopyrite-pyrite zone that was visually observed to extend… Continue Reading
With the gold price down to $1170 per ounce this morning with positive job numbers out of the United States. I decided this morning to take a quick look at 5 gold producers who are making money at the current gold price. For my quick analysis I looked at the Q1 results of each company… Continue Reading
A look at my top news releases from this morning with additional comments on each. Copper Mountain – (CUM:TSX) – Copper Mountain shares are up 10% so far this morning after releasing first quarter results. First quarter production saw 18.4 million pounds of copper, 7,800 ounces of gold and 80,300 ounces of silver. Revenues came… Continue Reading
Lake Shore Gold – (LSG:TSX) – Lake Shore Gold is one of the first companies out with first quarter results. The company had record production of 53,000 ounces in the quarter. Production was helped by having an average grade of 5.7 grams per tonne. LSG continues to generate free cash flow and in my opinion… Continue Reading
Some more interesting news that I thought I would bring to your attention today. Lake Shore Gold – (LSG.TSX) – One of my favourite small junior gold producers to follow is Lake Shore Gold simply because they are generating free cash flow even at current gold prices. So many gold companies in the last few years… Continue Reading
Lake Shore Gold (LSG.T) has been quite the turnaround story for investors in the last year and the share price has responded. Management is delivering on production guidance and is generating free cash flow finance solution for shareholders. The stock is up close to 300% in 2014. I have been listening to audio presentations from… Continue Reading
