Stockchase Opinions

Alice Tsang Prodigy Gold Inc PDG-X PAST TOP PICK Sep 13, 2013

(A Top Pick August 31/12. Up 54.84%.) This was acquired by Argonaut Gold (AR-T) so she sold her position because she was very cautious on gold.

$0.960

Stock price when the opinion was issued

Mining
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BUY
If they can continue with their grades and expand the deposit it is going to be a very good stock. It's not there yet, but early expectations are quite spectacular. Very early stage.
COMMENT
Intercepts were not as big as expected. Still a decent play but not quite the big upside that they thought it was 6 months ago.
DON'T BUY
Some interesting properties. Facing the same problems of a lot of juniors. Junior juniors need to come up with money for exploration so he is not keen on them.
PARTIAL BUY
Where Geraldton project has had some great assay results. Getting over 5 g of gold, which is always nice to see, but is still in the phase of delineating the resource and getting the 43101 that can be proven to be economic. The good thing is that costs for gold are coming down so margins are expanding. This is one he would add to a basket of junior exploration golds.
DON'T BUY
Ramped up expectations on some veins they were finding, which is why the stock went up so high. The mineralisation was very erratically distributed. Doesn't think it is a very economic deposit.
BUY
Continuing to drill so 6 months out there will probably be a larger resource. However, there might not be a market. This is an heirloom stock in that you can buy and just put on the shelf for 5 years.
BUY
(Market Call Minute.) An early stage company that is in the process of developing a mine. Will likely see some updated numbers by year-end.
TOP PICK

This is the Margino gold mine north of Sudbury. Very economic project. Recently had an update resource for close to 6 million ounces of gold at .95 g per ton. Mineralization is quite compact. There are a few things they can actually improve the payback period. Very attractive valuation. She can see a double on the stock.

PAST TOP PICK

(A Top Pick Aug 31/12. Up 54.84%.) This was acquired by Argonaut Gold (AR-T) in December.