The following pictures were taken at the site visit to Edgewater’s Corcoesto Gold Project.
At the end of last year, we attended Edgewater Exploration’s site visit to their Galician Corcoesto Gold Project. Right before the visit, Edgewater released the results of a Preliminary Economic Assessment on the project, outlining a 100kozpa operation with cash costs around $715/oz.
Tembo Gold (TEM.V) has started trading on the TSX Venture Exchange as of today. The company raised C$14M in the Initial Public Offering at C$1.00 per unit, and is currently trading at C$1.25. Tembo currently has three drill rigs on their project, a fourth one is scheduled to arrive soon […]
We attended a field trip to EurOmax’ properties, and visited the Trun project in Bulgaria and the Ilovitza Copper- Gold project in Macedonia. We were lucky to meet with Dimitar Dimitrov, EurOmax’ VP of exploration who has been involved in the Balkan properties since 2003, who guided us around.
The following pictures were taken at the site visit to EurOmax’s properties. We visited the Trun project in Bulgaria and the Ilovitza Copper-Gold project in Macedonia.
We would like to draw your attention to Tembo Gold (TEM.V), a new exploration company with an interesting project next to African Barrick’s (LON:ABG) Bulyanhulu mine in Tanzania. Tembo should start trading on the Venture exchange next Monday. The IPO-price has been set at C$1.00, giving it a market cap […]
After an excellent update on the Vanadium-Graphite project in Madagascar where Energizer Resources (EGZ.TO) released an intercept of 61 meters of almost 7.5% Carbon, we are taking some profits off the table here. The company currently has a bid of C$0.29, and we are looking to sell 25% of our […]
The Caesars Report Mining Top for 2012 only contains mining stocks we believe will perform better than their peers this year. Our aim is to outperform the markets, through picking undervalued shares with an acceptable risk/reward ratio.
2011 was an extremely disappointing year, as the Mining Top 25 closed with a return of -22.215%, underperforming the S&P by 18.89%, but outperforming the TSX Venture by 15.72%. We obviously expected a much better return, especially from our number 1-pick Empire Mining.
We are currently finalizing our roundup of the Mining Top 25 for 2011, which will be sent out later this week. The Mining Top 20 for 2012 should be released by the end of this month. Goldgroup Mining (GGA.TO) released an updated resource estimate on the San José de Gracia-project […]
Empire Mining (EPC.V) just announced they are placing the Bulqiza Chromite project on Care and Maintenance, after the newly issued exploration licenses contain material omissions regarding the size and coordinates of the project. It is possible this situation could be rectified quickly, but as Empire points out they experienced bureaucratic delays […]
The following pictures were taken at the site visit to Goldgroup Mining’s Caballo Blanco-project in the state of Veracruz, Mexico.