• Analyst: Kincora Copper Nails It on Very First Hole

    Analyst: Kincora Copper Nails It on Very First Hole

    Source: Peter Epstein for Streetwise Reports 07/08/2020 With a promising hit and the rise in prices for both gold and copper—and indications of more to come—Peter Epstein of Epstein Research believes this explorer has potential for "an exciting outcome."Investors in Kincora Copper Ltd. (KCC:TSX.V) have had to be patient in allowing management to explore for really big prizes in Mongolia and New South Wales, Australia. This week we learned that it was well worth the wait. On July 6, the company announced an excellent drill result intersecting multiple mineralized skarn zones at its Trundle Park target in Australia's foremost porphyry region [see July corporate presentation]. The results are noteworthy for at least three reasons: there's considerable near-surface, high-grade mineralization; as the first of six holes, even better assays could follow (leveraging knowledge gained from this result); and further evidence of an adjacent porphyry system was found. By far the best mineralization is from 39 meters (39m) to 90m depth. This 51m interval hit 1.17 g/t Au + 0.54% Cu. Included in the 51m is one meter, from 57.6m, of 10.4 g/t gold (Au) + 4.4% copper (Cu). See image below. 51m, less than 90m deep: Very good grades + a porphyry teaser at depth At current gold and copper prices of US$1,793/ounce and US$2.78/lb., this is an in-situ rock value of ~US$100 = ~CA$135.5/tonne. In gold terms, it's 1.75 g/t Au equivalent (equiv.). In copper terms, 1.64% Cu equiv. Note: these strong grades will not be indicative of the overall deposit. However, this hole suggests the potential for a nearer-term, standalone open pit. That's the sexy part of the assay, the hole also intersected a targeted adjacent "porphyry intrusion system" with broad anomalous mineralization. This assay delivered the most significant intervals to date. Management notes that Trundle is the only brownfield project held by a listed junior in Australia's foremost porphyry district, the Lachlan Fold Belt (LFB). John Holliday, technical committee chair, and Peter Leaman, senior VP of Exploration commented: "We are extremely pleased and excited by the results of this first hole. It's not often one sees such high grades near surface within a porphyry environment. Assay results prove previously announced visual interpretations of multiple zones of significant gold and copper mineralization. This supports the skarn being a standalone target at depths and intervals often mined by open cut and underground methods. . . ". . .These results from this first hole at the Trundle target, plus visual indications from the second hole 8.5 km north at the Mordialloc target, are very encouraging. The Trundle project appears to sit within the interpreted Northparkes Intrusive Complex, placing Kincora in a unique global setting as the only listed junior exploring a large system in a brownfield field setting." Breaking: Dr. Copper says "reports of my death are greatly exaggerated" The timing of the press release could hardly be better. Copper has bounced back strongly ...read more
  • Analyst: Nevada Produces Another 'Hidden Gem'

    Analyst: Nevada Produces Another 'Hidden Gem'

    Source: Ron Struthers for Streetwise Reports 07/08/2020 Ron Struthers of the Struthers Resource Stock Report spotlights Golden Lake Exploration and its flagship, Jewel Ridge.I wanted to see a solid breakout for gold above $1,800/ounce, but we have traded several days at new highs so I am convinced another breakout is underway. This is exactly like the trading action we had in January, where we eventually went through $1,600 up to $1,700. We are essentially trading at the 2011 highs. My next target is $2,000; that will continue the uptrend channel (ignores the March anomaly). As I mentioned last month, to get maximum benefit from this new bull market, my plan is to buy a basket of quality juniors in good jurisdictions like Mexico, Canada, Australia and Nevada. And Nevada is a state that is a gold country in its own right. Consider this about Nevada: Gold is the state's top overseas export by value, accounting for $4.9 billion, or 44%, of the state's $11 billion of exports in 2018. A year earlier, gold accounted for more than half the total. The top destinations are Switzerland and India, where Nevada-mined gold is refined. The state produces more than 80% of the gold mined annually in the United States. If it were a separate country, Nevada would be the world's fifth-largest producer, behind China, Australia, Russia and Canada. Over the past decade, gold production has averaged about 5.5 million ounces/year. The value of that production in 2018 was just over $7 billion, representing 84% of all mining production in the state. I have come across another hidden gem in Nevada. This is a new company with a low number of shares out, top-notch management and a Nevada property with all kinds of gold but only drilled to shallow depths. Golden Lake Exploration Inc. (GLM:CSE) Recent price: $0.20/share 52-week trading range: $0.07–0.22 Shares outstanding: 27.8 million Highlights: Very low market capitalization Top notch management and technical team Jewel Ridge project, a great location in Nevada Advance stage with over 300 historic drill holes South Eureka zone has not had much drilling since 1980s, with 50 shallow holes (average depth: 47.5 meters) Historic holes returned an average thickness of 17.1 meters (17.1m) assaying 1.16 g/t gold Management (sourced from the company website) Michael B. England, CEO and president, is an astute team builder and has been involved in the public markets since 1983. Since 1995, Mr. England has been directly involved with public companies in various roles, including investor relations, directorships and senior officer positions. To date, Mr. England has been directly responsible for raising in excess of $60 million for mineral exploration and acquisitions. Vic Bradley, chairman, has more than 50 years' experience in the mining industry, including more than 15 years with Cominco Ltd. and McIntyre Mines Ltd. in a wide variety of senior financial positions from Controller to COO. Over the past 30 years Vic has founded, financed and operated several mining and advanced-stage exploration and development ...read more
  • Mining Firm Forms 'Royalty Company to Unlock Value'

    Mining Firm Forms 'Royalty Company to Unlock Value'

    Source: Streetwise Reports 07/08/2020 GoldMining's new entity and its potential benefits are outlined in a ROTH Capital Partners report.In a June 24 research note, ROTH Capital Partners analyst Jake Sekelsky reported that GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) noted Gold Royalty Corp., a gold royalty entity that "represents an opportunity for long-term value creation." "We are supportive of management's proactive approach to unlocking value from its portfolio of gold assets and expect Gold Royalty Corp. to provide GoldMining shareholders with optionality going forward," Sekelsky added. Sekelsky described the new vehicle. It will hold 14 newly created royalties that will range from 0.5–2% on the same number of GoldMining's projects. Two of the royalties will be 2%, 11 will be 1% and one will be 0.5%. With all of the royalties, Gold Royalty has exposure to 14.3 million Measured and Indicated ounces and 16.6 million Inferred ounces of gold equivalent. The analyst presented two ways in which Gold Royalty could offer GoldMining shareholders value. One is through its valuation because royalty companies tend to trade at a premium to explorers and developers, GoldMining for instance. Thus, Gold Royalty could "command a premium to the net asset value multiple received for GoldMining's existing asset base," wrote Sekelsky. He noted that ROTH assigned a value of $10 million to Gold Royalty. The second way is through future exploration on the 139,000 hectares of land that GoldMining holds in the Americas and that the 14 royalties will cover. ROTH has a Buy rating and a CA$5.75 per share price target on GoldMining, the current share price of which is now about CA$2.33. "In our view, GoldMining is well-funded to execute on its stated objectives for 2020 and believe the company should continue to provide investors with leverage to rising gold prices," Sekelsky concluded. Read what other experts are saying about: GoldMining Inc. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: ?????. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as ...read more
  • Firm Establishes NSRs on 14 Projects, Creates New Gold Royalty Company

    Firm Establishes NSRs on 14 Projects, Creates New Gold Royalty Company

    Source: Streetwise Reports 07/07/2020 A Haywood Securities report notes the moves by GoldMining "demonstrates an intention to seek to unlock further value from GOLD's unique portfolio."In a June 24 research note, Haywood Securities analyst Colin Healey reported that GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) will create net smelter returns royalties (NSRs) between 0.5% and 2% on 14 of its gold projects and hold them in its newly formed, wholly owned subsidiary, Gold Royalty Co. "GoldMining is taking the first step in positioning its portfolio for increased visibility to investors of royalty streaming companies which tend to trade at a substantial premiums to the respective net asset values [average of 1.7x net asset value)," Healey commented. Now, existing and investors can get exposure to the new company, which should generate demand for the stock and, thus, put positive price pressure on it. Haywood recommends buying GoldMining to "take advantage of the unwarranted market discount and new catalyst." As for a breakdown of the 14 NSRs, there are two at 2%, 11 at 1% and one at 0.5%. They all are on projects at various stages, most with an established contemporary resource but no economic study. Defined gold resources of all of the projects amount to about 25.2 million ounces. "Establishing the NSRs upfront, prior to negotiating any specific transaction on a specific asset, allows GoldMining to set the baseline for basis and unified terms of the NSRs," Healey highlighted. The Vancouver-based junior resource firm also benefits from keeping the royalties in a wholly owned subsidiary, according to Healey. One, it creates a future catalyst in the form of a spin out of Gold Royalty Co. Two, GoldMining maintains control in the event of negotiations with another entity interested in acquiring one or more of its assets. Three, the company continues to have exposure to future discoveries and resource growth at its projects. Haywood has a Buy rating and a CA$4.25 per share target price on GoldMining, a high bar Healey noted because his firm believes that "management could execute and unlock additional value in the stock." Haywood considers the GoldMining team, with its creativity and capital markets experience, to be one of GoldMining's "core strengths." "We think this move demonstrates an intention to seek to unlock further value from GOLD's unique portfolio and investors will be rewarded in a flat or rising gold price environment," the analyst concluded. GoldMining's shares are trading today at about CA$1.68 each. Read what other experts are saying about: GoldMining Inc. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She ...read more
  • West Red Lake Gold Doubles in Eight Days

    West Red Lake Gold Doubles in Eight Days

    Source: Bob Moriarty for Streetwise Reports 07/07/2020 Bob Moriarty of 321gold explains why he has invested in this company.In the past few weeks the resource markets have begun to show investors what they can expect when the market understands the meaning of the hyperinflation headed our way. While I believe the DSI and rampant speculation are giving a signal for a correction soon, I can't predict if it will be a small burp or a serious drop. I can predict the general market led by the Nasdaq. Think of a falling safe. The overall markets are more insane than I have ever seen or read of. The US has painted itself into a corner by overstating the virus cases by hundreds of percent. Now Europe has put the EU off limits to incoming Americans. Welcome to the new world brought to you by the gang of fools. It simply is not possible for a country with 5% of the world's population to have 25% of the world's virus cases. The CDC even admits the tests will show positive for any flu or prior cold. How wonderful. Now the government is lying about absolutely everything. Investors are starting to understand the real meaning of pouring stacks of hundred dollars bills onto a bonfire. While the thought of free money certainly dances through our heads like that of the sugar plum fairy through the mind of a five year old, there is no free lunch. The money came from somewhere and has to be paid back either through taxes, default or good old fashioned hyperinflation. I'm in the hyperinflation camp. That is more a function of citizens losing faith in their government than a purely monetary event. I don't care if you are a die hard Red or a die hard Blue, it should be clear to anyone with eyes and at least half a brain that the US is led by a gang of fools. While I am deeply offended by the constant "ME, ME, ME, ME" coming from the president as he practices his opera notes, when I watch the presumed Democratic candidate, Joe Biden announce, "I am going to defeat Joe Biden" I feel certain he is 100% correct. Sigh!! Own some gold and silver and maybe a resource company or two. You can't print gold and there is no counter-party risk. Three weeks ago the IR guy for West Red Lake Gold Mines Inc. (RLG:CSE; RLGMF:OTCBB) contacted me and pitched me on the company. It was compelling. They are a 62% owner of a joint venture in the Red Lake District with significant drill results. My comment to the West Red Lake guy was that they needed to start telling their story. With intercepts last year of 14.18 g/t Au over 7.8 meters and 12.14 g/t Au over 13.5 meters and others almost as nice, their biggest problem was visibility. I also was convinced enough ...read more
  • Analyst Provides a Glimpse into Gold Explorer's Upcoming PEA

    Analyst Provides a Glimpse into Gold Explorer's Upcoming PEA

    Source: Streetwise Reports 07/06/2020 A potential mining scenario for Troilus Gold's gold-copper project is presented in a PI Financial report.In an April 22 research note, analyst Philip Ker reported that PI Financial updated its model on Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) to account for the envisioned operating scenario and upcoming preliminary economic assessment (PEA) on its Troilus gold project. Ker first recapped results of all drilling done on the project. The most recent drill results, he noted, from the Southwest zone suggest potential to expand the Troilus project resource beyond the current estimates of 4.71 million ounces (4.71 Moz) of gold equivalent (Au eq) in the Indicated category and 1.76 Moz of Au eq in the Inferred. Previous drilling, done in 2018 and 2019, extended the mineralization in the J zone (J4-J5 pits) and the Z87 pit to a vertical depth of about 500 meters. Expansion drilling around the Z87 pit led to the discovery of Z87 South and the delineation of Southwest. The analyst next delivered the highlights of PI Financial's newly conceived mining scenario at Troilus. It incorporates an open-pit operation with a 16-year mine life. The project would produce 158,000 ounces of Au eq per year, or 2.5 Moz of Au eq over the life of mine, assuming recovery rates of 93% for gold and 85% for copper and mill throughput of 20,000 tons per day. Costs are estimated at US$225 million in initial capex and $96 million in sustaining capital. "We highlight current infrastructure lends to derisking efforts and is likely to reduce upfront capex and project development timeline," Ker commented. Assuming a gold price of US$1,500 per ounce, the resulting Troilus project economics would be an estimated $200 million net present value at an 8% discount. Ker also wrote that "given the modest production profile, favorable operating jurisdiction and attractive forex rates, we see the Troilus project emerging as a viable bolt-on asset for a producer as an acquisition target." PI Financial has a Buy rating and a CA$1.55 per share target price on Troilus Gold, whose current share price is about CA$1.11. Read what other experts are saying about: Troilus Gold Corp. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Troilus Gold. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and ...read more
  • Analyst: Creation of Gold Royalty Company Could Unlock Future Value

    Analyst: Creation of Gold Royalty Company Could Unlock Future Value

    Source: Streetwise Reports 07/06/2020 An H.C. Wainwright & Co. report discusses GoldMining's new royalty company as well as a technical report.In a June 25 research note, H.C. Wainwright & Co. analyst Heiko Ihle reported two GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) news events. The first, most recent development, Ihle relayed, is that the Vancouver, British Columbia-headquartered company created a wholly owned gold-focused royalty subsidiary, called Gold Royalty Corp., that will contain existing and future net smelter royalty returns on its projects and "may unlock future shareholder value." The company's "extensive portfolio includes 14 recently created net smelter return (NSR) royalties spread across GoldMining's current asset portfolio," the analyst noted. In the future, GoldMining could expand its new company's portfolio by buying back project rights held by third parties and add more shareholder value via a possible spinoff, initial public offering, merger or sale of Gold Royalty, Ihle stated. "GoldMining therefore appears poised to benefit from a future rerating if management can produce tangible value from its new subsidiary," because royalty and streaming companies tend to trade at higher values than explorers and producers, Ihle commented. Second, Ihle indicated, GoldMining filed an NI 43-101 technical report, containing an initial Inferred resource estimate, on its Yarumalito gold-copper project in Colombia. The pit-constrained resource, based both on porphyry and epithermal mineralization, consists of 1.23 million ounces (1.3 Moz) of gold and 129.26 million pounds of copper, or 1.50 Moz gold equivalent. Grades average 0.58 grams per ton gold and 0.09% copper. GoldMining is expected to conduct future exploration and drill programs at Yarumalito, which are needed to "better define the geometry and continuity of the higher-grade epithermal veining" that seems to "overprint the porphyry-style mineralization," Ihle pointed out. The latter measures about 2,000 meters (2,000m) in an east to west direction, 500–1,000 meters north to south and 650m in vertical depth. Only 55 holes were drilled historically at Yarumalito. Ihle concluded that GoldMining is expected to overall "continue unlocking shareholder value through advancing its exploration-stage asset base, especially as gold prices continue to remain strong" and "could enter into a transaction that should provide liquidity to GoldMining as well as a more tangible value to Gold Royalty Co." H.C. Wainwright has a Buy rating on GoldMining with a CA$6.50 per share target price; the current share price is CA$2.35. Read what other experts are saying about: GoldMining Inc. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following ...read more
  • An Arbitrage Trade Between Omineca and 49North

    An Arbitrage Trade Between Omineca and 49North

    Source: Bob Moriarty for Streetwise Reports 07/03/2020 Bob Moriarty of 321gold does the math on the two companies.Omineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) will be in production shortly at the Wingdam project on Lighting Creek in BC. They are being very quiet about it but it's happening. That's a big deal and why the shares have shot from $0.15 in the middle of May to a high of $0.70 on July 2, 2020. Tom MacNeill as President and CEO heads Omineca. The MacNeill family also runs a company named 49North Resources Inc. (FNR:TSX.V) that is pretty much a fund holding positions in about 60 different juniors in both energy and minerals. FNR owns 45 million shares of OMM. With OMM at $0.68 that makes the portion owned by FNR worth about $30 million. With FNR shares selling for $0.14, that makes FNR's market cap about $11.6 million. FNR does have debt in the form of a convertible debenture but they also have pieces of about 59 other companies than Omineca. So if you buy 49North shares today you are basically buying Omineca shares at half price. Omineca Mining is not an advertiser and I have no financial relationship other than having participated in the last PP at $0.12 with a full $0.20 warrant. The four-month hold doesn't expire until August 28th so there is literally no overhead. 49North Resources is also not an advertiser but I can both add and subtract so I have picked up shares in the open market. To the extent that everyone that owns shares is somewhat biased, I am biased so you should do your own due diligence. Omineca Mining OMM-V $0.68 (Jul 02, 2020) OMMSF OTCBB 98.4 million shares Omineca Mining website. 49North Resources FNR-V $0.14 (Jul 02, 2020) FNNINF OTCBB 83 million shares 49North Resources website. Bob Moriarty President: 321gold Archives 321gold Bob Moriarty founded 321gold.com, with his late wife, Barbara Moriarty, more than 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records. Read what other experts are saying about: Omineca Mining and Metals Ltd. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: Omineca Mining and 49North. Neither company is an advertiser on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector. 2) The following companies mentioned are billboard sponsors of Streetwise Reports: Omineca ...read more
  • Cabral Sitting on a Plateau of Gold

    Cabral Sitting on a Plateau of Gold

    Source: Bob Moriarty for Streetwise Reports 07/02/2020 Bob Moriarty of 321gold discusses the resource calculations at this company's gold project in Brazil and explains why he's an investor.I fully approve of garimpeiro miners. Rarely can they read and write. They can live under conditions that the majority of us could never handle. They mine in a totally different way than do the junior resource companies in the space. They all make money. That's right, 100% of garimpeiro miners make money regardless of what the price of the commodity is. They have to, because if they don't, they don't eat or provide food for their family. Junior mining companies believe that spending money for twenty years and never making a dime in profit makes perfect sense. In fact, most geologists believe that geology is all about spending money. And they will spend money until frustrated investors finally give them the boot. Garimpeiro miners think that spending money and not producing profit is daft. Because it is daft. When they can't make money on a project, they stop spending money and time in fruitless activity. The "professionals" in the junior mining space don't think much of the artisan miners but they could learn a lot from them. One thing they could learn is where the gold is. If you go back to what I had to say about TriStar Gold in January, our newest sponsor, Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCBB) is in the same boat. They both followed the garimpeiro miners to the mother lode. Cabral Gold has doubled since the crash lows in mid-March and is still cheap. The company has a 100% interest in the 36,000 square km Cuiú Cuiú project with a million ounces of gold in 43-101 resources. The region was the world's largest gold rush in the last 100 years with the artisan miners taking out somewhere between 20 and 30 million ounces of gold from near surface and surface mining. Their Cuiú Cuiú deposit produced 2 million of those ounces already. No doubt the locals left a few ounces, artisan mining leaves a lot of gold behind. As a matter of general interest, Eldorado Gold is going into production at their 2.1 million ounce gold deposit only 20 km away. For many years infrastructure has been one of the biggest hurdles junior mining companies face in Brazil but the government put in a new road within the last five years that Eldorado linked into. Cabral has built a spur road from that. Brazil plans new hydroelectric plants in the area so power costs will drop and there will be more interest in the area. The president, one of the largest shareholders of Cabral, Alan Carter, contacted me a year ago and pitched me on the project. My response to him was that all he needed to do was increase his visibility and the market would bid up the shares. ...read more
  • Explorer's Shares Expected to 'Materially Rerate' in H2/20

    Explorer's Shares Expected to 'Materially Rerate' in H2/20

    Source: Streetwise Reports 07/02/2020 Recent drill results from Troilus Gold's Quebec project are analyzed in a Red Cloud Securities report.In a May 15 research note, Red Cloud Securities analyst Jacob Willoughby reported that drilling continues to grow the Southwest zone at Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) Troilus project in Quebec. Willoughby reviewed Troilus Gold's recently reported results of six holes drilled in Southwest. They showed that in the zone, several high-grade gold intercepts occur within larger envelopes of disseminated gold. One such intercepts was 13.28 grams per ton (13.28 g/t) gold equivalent (Au eq) over 1 meter (1m) within 1.18 g/t Au eq over 21m, seen in hole TLG-ZSW20-181. Hole TLGZSW20-186 returned 16.1 g/t Au eq over 1.1m, 1.33 g/t Au eq over 5m and 1.43 g/t Au eq over 5m. Hole TLG-ZSW20-190 demonstrated 46.4 g/t Au eq over 1m. These intercepts further suggest that the overall grade of the Southwest zone could exceed that of the existing resource, 0.95 g/t Au eq. As of now, the weighted average derived from all Southwest drilling reported so far is 1.05 g/t Au eq (unchanged) over an average 11.5m (down from 11.9m), and this represents an 11% improvement over the current resource grade. The drill results also indicate that the mineralization in Southwest extends for 1-plus kilometers and remains open along trend and at depth. Willoughby noted that he expects Southwest to improve the project's overall grade and expand the current resource. Troilus Gold plans to revise the project's mineral resource to include the Southwest drill results; the update could be released in Q2/20. Looking forward, Willoughby commented, "Given previous operators (Inmet Mining Corp.) did almost no near-mine exploration, we expect the shares of Troilus to materially rerate over the next six to 12 months as the company demonstrates organic resource expansion potential along strike from the J zone, Z87 and the new Southwest zone areas." Red Cloud has a Buy rating and a CA$1.80 per share price target on Troilus Gold, the stock of which is now trading at around CA$1.05 per share. Read what other experts are saying about: Troilus Gold Corp. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Troilus Gold. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its ...read more