Premier Gold Mines | StockChase
49
Premier Gold Mines (PG-T)

Last Price Recorded: $3.6300 on 2017-11-21

ON STOCKCHASE SINCE May 2007

metal mines

Premier Gold Mines


Signal Opinion Expert

2017-11-09

COMMENT
Premier Gold Mines (PG-T)

He is fairly positive on the whole junior producing sector. Thinks it is going to be pretty hard to screw up next year, and thinks this will trade higher.

metal mines
Rick Rule

Pres. & CEO, Sprott USA

Price: $3.640
Owned: No

2017-10-02

COMMENT
Premier Gold Mines (PG-T)

This is in Ontario, but now has cash producing assets in a joint venture in Nevada. A bit of a different play than it was before, and he is more focused on exploration so this is not something he is looking at right now. It makes a lot of sense in terms of exposure to Canada and safety consideration. They have a good working capital position right now and won’t have to go to market anytime soon.

metal mines
Joe Mazumdar

Editor & Analyst, Exploration Insights

Price: $3.600
Owned: No

2017-09-15

PAST TOP PICK
Premier Gold Mines (PG-T)

(A Top Pick Aug 2/16. Down 25%.) He still likes this. They had a small mine that lasted a year, but generated about $60 million in cash flow. They are now looking for an underground extension, and management is very confident that it will be built out. A good core holding among the junior gold producers.

metal mines
Dennis da Silva

Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.

Price: $3.770
Owned: Yes

2017-03-07

COMMENT
Premier Gold Mines (PG-T)

He likes management and the approach they have taken. They have a bunch of different things going on including a mine in Nevada, and a project in Geraldton Ontario, a low-grade project that is something that will grow. This is a little more complex to follow. He likes what they have in Red Lake next to the Goldcorp project.

metal mines
Robert Cohen B.A.Sc., MBA, CFA

Vice President & Portfolio Manager, Dynamic Funds

Price: $2.360
Owned: No

2017-03-06

HOLD
Premier Gold Mines (PG-T)

Has a lot of respect for the president. Bought this in December, and just sold it a few weeks ago. The stock has come off since then. An interesting play, and something certainly worth holding in terms of gold. They are producing gold out of Arturo, and it looks like the grade is higher than expected. The Cove deposit they are drilling out seems to be hanging together now. He sees no fatal flaws here. He would like to see this under $2, and if he saw it at $1.50, he would buy a lot.

metal mines
Brent Cook

Exploration Analyst & Geologist, Exploration Insights

Price: $2.290
Owned: No

2016-12-13

DON'T BUY
Premier Gold Mines (PG-T)

Gold has been all over the place. Seasonally, gold runs from July 12 until the end of September. Technically, the stock is coming back down to support range. You need to see gold bullion pick up from here. This is not a time period where he would be investing in gold. His preference is silver which tends to run well from January 1 into March 31.

metal mines
Brooke Thackray

President, Jov Investment Management

Price: $2.110
Owned: Unknown

2016-11-21

COMMENT
Premier Gold Mines (PG-T)

This is a smaller company that used to be an exploration company. They bought some mining assets and are just coming into production right now. They are getting to the stage where the first cash flow is coming. A good little Buy if you believe gold is going to rally. Smart management. Their main operating mine is in Nevada, but they have great exploration assets in Northern Ontario.

metal mines
Craig Porter

Senior Portfolio Manager, LOGiQ Asset Management

Price: $2.280
Owned: No

2016-10-21

PAST TOP PICK
Premier Gold Mines (PG-T)

(A Top Pick Jan 16/14. Up 27.92%.) Has just become a producer in Nevada. Nice cash flow generator. Short mine life of about 1.5 years, and might generate close to $100 million during that time. Also, thinks they will have about $100 million in cash by the end of the year. They bought Mercedes from Yamana (YRI-T), another 100,000 an ounce producer, probably generating about $100-$150 an ounce in profits.

metal mines
Dennis da Silva

Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.

Price: $3.410
Owned: Yes

2016-08-02

TOP PICK
Premier Gold Mines (PG-T)

Just acquired the Mercedes mine from Yamana Gold (YRI-T) for about $140 million, so they are now on the cusp of being a producer. South Arturo in Nevada will be producing any time now with a short mine life, so there are people questioning what happens after 2.5 years. Mercedes is also relatively short with about a 3.5 year reserve life. These are 2 projects the management team feels there is more to.

metal mines
Dennis da Silva

Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.

Price: $4.970
Owned: Yes

2016-07-26

COMMENT
Premier Gold Mines (PG-T)

A bit difficult to value when looking at their assets. Started off as a developer in Red Lake, and everybody speculated that Goldcorp (G-T) would acquire them. That hasn’t happened. The geology just didn’t work out the way the company had expected. The company has now gone and done a bunch of other stuff, and now he is not sure what the company really is.

metal mines
Jon Case

Portfolio Manager, Sentry Investments

Price: $4.280
Owned: Unknown

2016-03-29

BUY
Premier Gold Mines (PG-T)

(Market Call Minute.) He likes this a lot. One of their main assets is in Canada, so there are good margins. There is a lot of growth here.

metal mines
James Hodgins

Chief Investment Officer, Curvature Hedge Strategies

Price: $3.250
Owned: Yes

2016-01-14

TOP PICK
Premier Gold Mines (PG-T)

They are going to become a producer finally.  It is a 2.5 year mine life.  They will build a nice cash base.  They have a JV lined up after that.

metal mines
Dennis da Silva

Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.

Price: $2.650
Owned: Yes

2015-11-12

HOLD
Premier Gold Mines (PG-T)

Doesn’t see particular growth in their deposits in the near term. Any hope that you would get would come in the form of a better gold price. They have access to cash, so it is a solid holding.

metal mines
Rick Rule

Pres. & CEO, Sprott USA

Price: $2.270
Owned: No

2015-08-12

BUY
Premier Gold Mines (PG-T)

He is constructive toward gold and he likes the people here.  Gold is locked in a war with the US dollar.

metal mines
Rick Rule

Pres. & CEO, Sprott USA

Price: $2.350
Owned: Unknown

2015-06-17

COMMENT
Premier Gold Mines (PG-T)

Have gone from being more of an explorer, based in the Red Lake camps in Ontario, and branched out to Nevada. This is a transition from an explorer to a developer, and that tends to be a portion of the mining lifecycle that he doesn’t like from a risk standpoint. There will probably be negative free cash flow for a number of years.

metal mines
Jon Case

Portfolio Manager, Sentry Investments

Price: $2.380
Owned: No

Showing 1 to 15 of 49 entries
<< < 1 2 3 4 > >>

No Comments.


You must be logged in to comment.