Queenstake Resources (merged to Yukon-Nevada Gold)

QRL-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about QRL-T

Signal
Opinion
Expert
BUY
BUY
March 30, 2006
Just announced that Newmont(NMC-T) just did a private placement of about 4.9% of the outstanding shares of this company. With warrants, they'll own about 8.5% of this company. This is a very significant transaction. It will dramatically reduce their operating costs. If you want leverage to the US$, it's a buy.
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Just announced that Newmont(NMC-T) just did a private placement of about 4.9% of the outstanding shares of this company. With warrants, they'll own about 8.5% of this company. This is a very significant transaction. It will dramatically reduce their operating costs. If you want leverage to the US$, it's a buy.
DON'T BUY
DON'T BUY
January 27, 2006
The increase in this stock is basically because of the increase in the price of gold. There is still a question as to whether they can turn around the Jarret mine to be a profit making project.
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The increase in this stock is basically because of the increase in the price of gold. There is still a question as to whether they can turn around the Jarret mine to be a profit making project.
DON'T BUY
DON'T BUY
January 13, 2006
Queenstake could possibly be a very significant player. We are seeing volatility and liquidity evolving in the mid-tier market. They have an operating gold mine in Nevada so if we have a decline in the US$, an increase in the US gold price than the operating margins for them should go up dramatically. They have suffered a little bit because they have a very high operating cost and they don't have a lot of ounces ahead of the mill so they're having a tough time keeping a hungry mill satisfied. That has impacted the operations and negatively impacted the share price. If we see a dramatic increase in the gold price this should have dramatic increases in Queenstake share valuation. But, he would really like to see them address the issue of reserves that are lying ahead of the mill. An increase in reserves and resources would do magnificent wonders for the stock.
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Queenstake could possibly be a very significant player. We are seeing volatility and liquidity evolving in the mid-tier market. They have an operating gold mine in Nevada so if we have a decline in the US$, an increase in the US gold price than the operating margins for them should go up dramatically. They have suffered a little bit because they have a very high operating cost and they don't have a lot of ounces ahead of the mill so they're having a tough time keeping a hungry mill satisfied. That has impacted the operations and negatively impacted the share price. If we see a dramatic increase in the gold price this should have dramatic increases in Queenstake share valuation. But, he would really like to see them address the issue of reserves that are lying ahead of the mill. An increase in reserves and resources would do magnificent wonders for the stock.
DON'T BUY
DON'T BUY
January 11, 2006
It was one of those assets that was tired but management felt that they could turn it around. They have continually struggled. The asset quality isn't great, but in a rising market it should move up. Prefers others with better quality.
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It was one of those assets that was tired but management felt that they could turn it around. They have continually struggled. The asset quality isn't great, but in a rising market it should move up. Prefers others with better quality.
DON'T BUY
DON'T BUY
November 21, 2005
Has gone sideways. Would have thought that it had higher leverage to good gold prices. They seem to have messed it up, changed managers and never seem to get it right.
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Has gone sideways. Would have thought that it had higher leverage to good gold prices. They seem to have messed it up, changed managers and never seem to get it right.
DON'T BUY
DON'T BUY
November 17, 2005
A couple of years ago, when they were doing a financing, they said that they had so much gold that they would never have to do another financing. Yet they keep on doing financing. That puts them in the penalty box and he doesn't want to look at them any more.
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A couple of years ago, when they were doing a financing, they said that they had so much gold that they would never have to do another financing. Yet they keep on doing financing. That puts them in the penalty box and he doesn't want to look at them any more.
BUY
BUY
November 1, 2005
The cost of doing business has gone up dramatically, faster than the gold price has gone up. Good management. Cut back expenses and will be profitable in 2006 at current gold prices.
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The cost of doing business has gone up dramatically, faster than the gold price has gone up. Good management. Cut back expenses and will be profitable in 2006 at current gold prices.
DON'T BUY
DON'T BUY
October 24, 2005
Redevelopment plan seems to be showing improvement with production and costs, but there are so many more interesting plays.
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Redevelopment plan seems to be showing improvement with production and costs, but there are so many more interesting plays.
BUY
BUY
August 23, 2005
(Owns over 10% of the company.) With gold price of $450 or less, to produce gold, is consuming capital at an alarming rate. In the last few years, they let development slide, so have to catch up with development to get to the scopes to get the production they need. New management. Believes in management and the mine, but need a better gold price.
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(Owns over 10% of the company.) With gold price of $450 or less, to produce gold, is consuming capital at an alarming rate. In the last few years, they let development slide, so have to catch up with development to get to the scopes to get the production they need. New management. Believes in management and the mine, but need a better gold price.
SELL
SELL
August 23, 2005
One of the worst companies out there. Probably time for them to raise more money because they continue to raise money. Production is not going as well and their costs are higher, they've diluted shareholders no end.
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One of the worst companies out there. Probably time for them to raise more money because they continue to raise money. Production is not going as well and their costs are higher, they've diluted shareholders no end.
WEAK BUY
WEAK BUY
August 18, 2005
Not a gold bug. Doesn't see $500/600 gold. If you are a gold bug you have to be negative on the US$ and probably, on the short term, that the US deficit is going to cause problems. This company is having their own particular problems and because they're high cost, they're great leverage, so if you are a gold bug, it's cheap.
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Not a gold bug. Doesn't see $500/600 gold. If you are a gold bug you have to be negative on the US$ and probably, on the short term, that the US deficit is going to cause problems. This company is having their own particular problems and because they're high cost, they're great leverage, so if you are a gold bug, it's cheap.
STRONG BUY
STRONG BUY
July 5, 2005
Will do well when the gold price moves materially higher. Can produce 300,000 ounces for the forseeable future. Exploration is going well at several sites. An outstanding leveraged play for a higher gold price. Good management.
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Will do well when the gold price moves materially higher. Can produce 300,000 ounces for the forseeable future. Exploration is going well at several sites. An outstanding leveraged play for a higher gold price. Good management.
DON'T BUY
DON'T BUY
June 27, 2005
Its future is very uncertain because they had operational problems at Jarrett Canyon. Don't have a lot of flexibility in terms of mine development. Costs have been rising squeezing out any margins. However any significant decline in the US$ will give them some breathing room.
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Its future is very uncertain because they had operational problems at Jarrett Canyon. Don't have a lot of flexibility in terms of mine development. Costs have been rising squeezing out any margins. However any significant decline in the US$ will give them some breathing room.
BUY
BUY
May 26, 2005
Made a positive change in management. Their main problem has been the stagnant gold price. It's a high cost and difficult mine. Have enough money to handle the next 2 years. Have a terrific exploration play.
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Made a positive change in management. Their main problem has been the stagnant gold price. It's a high cost and difficult mine. Have enough money to handle the next 2 years. Have a terrific exploration play.
HOLD
HOLD
May 19, 2005
Good people. Jarret Mine is a decent project. Have to get more money into the company in order to reduce the number of outstanding shares. Speculative.
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Good people. Jarret Mine is a decent project. Have to get more money into the company in order to reduce the number of outstanding shares. Speculative.
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