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cobourg

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  • Sandstorm Gold: Reaching Critical Mass [View article]
    Scott -- great analysis!

    A quick correction which will make your charts even more bullish -- at the RAMBLER Ming Mine there is zero ongoing payment per oz.

    Sandstorm Gold is entitled to 32% of the gold produced in the 1st year of operation - then 25% until 175,000 oz has been produced and then 12% for remaining life of mine - with no ongoing cost/oz for gold delivered from Ming.
    --> http://bit.ly/sYEs48

    In addition, Rambler discovered a very high grade gold ore zone several months ago and they revised the mine production plan to mine this area first (1860 zone) -- this should significantly accelerate gold production which will benefit both SSL and Rambler in 1Q/12.

    Have you considered doing an analysis on Sandstorm Gold's sister company - Sandstorm Metals?? They must be getting very close to crossing the line into positive territory on their version of the operating cash flow chart(?).
    Dec 5 10:24 PM | 3 Likes Like |Link to Comment
  • Brigus Gold Is Extremely Under Valued [View instapost]
    Retirefund - are you considering writing an update on Brigus?

    The following might be of interest --> as you know Brigus has been exploring two zones (147 and Contact) that will make up the new Grey Fox Mine zone.

    An updated N43-101 is due in Sept & a PEA by YE even though infrastructure construction of the mine has already started with production forecast for 2014.

    Over the past two weeks Brigus has released two batches of drill results for these zones -- you might find them interesting:


    On August 23/12 - BRD announced drill results from the CONTACT zone. On Tuesday BRD announced drill results from the 147 zone.


    It is the combination of these two zones that make up the new GREY FOX MINE. This is a summary of the assays.

    56M @ 7.65 g/t --> incl 28M @13.08 g/t

    16.95M @ 12.95 g/t

    9.5M @ 7.49 g/t

    32M @ 5.1 g/t --> inc 10M @ 15.43 g/t

    12.4M @ 4.54 g/t

    12.5M @ 3.34 g/t

    37.5M @ 2.25 g/t --> incl 3.08M @ 8.75 g/t

    7.5M @ 8.86 g/t

    10M @ 8.95 g/t --> incl 3M @ 27.04 g/t & 13M @ 5.14 g/t

    19.7M @ 1.29 g/t --> incl 23M @ 3.15 g/t

    34M @ 2.01 g/t

    16M @ 2.46 g/t

    11M @ 3.12 g/t

    3M @ 11.45 g/t

    7.4M @ 6.4 g/t

    3M @ 10.16 g/t

    33M @ 3.94 g/t --> incl 11.7M @ 6.98 g/t

    17M @ 5.89 g/t

    4.2M @ 4.8 g/t as well as in the same drill hole 16.2M @ 3.8 g/t

    12.35M @ 2.32 g/t as well as in the same drill hole 6.8M @ 7.21 g/t

    10M @ 5.91 g/t as well as in the same drill hole 52.3M @ 2.51 g/t incl 16.7M @ 5.03 g/t

    10M @ 14.52 g/t as well as in the same drill hole 18M @ 2.64 g/t

    2.6M @ 42.78 g/t


    These are exceptionally good results which (imo) border on bonanza grade and they are ALL part of the GREY FOX mine complex.

    I have no doubt that when the updated N43-101 for GF is released this month (09/12) that it could reveal an absolutely stunning increase in gold reserves/resources!!!

    I don't believe BRIGUS is widely known in the US but someone has been buying heavily on the AMEX...........

    http://bit.ly/NTiIAV

    Hope you find this information useful and look forward to your next article!
    Sep 5 09:46 PM | Likes Like |Link to Comment
  • Brigus Gold Corp. (BRD) Produces Yet More High Grade Gold Results From Black Fox Complex In Ontario [View instapost]
    On August 23/12 - BRD announced drill results from the CONTACT zone. Today - BRD announced drill results from the 147 zone.



    It is the combination of these two zones that make up the new GREY FOX MINE.



    Reflect for a moment on the assays results that have been released for GF just over the past TWO weeks!!



    56M @ 7.65 g/t --> incl 28M @13.08 g/t

    16.95M @ 12.95 g/t

    9.5M @ 7.49 g/t

    32M @ 5.1 g/t --> inc 10M @ 15.43 g/t

    12.4M @ 4.54 g/t

    12.5M @ 3.34 g/t

    37.5M @ 2.25 g/t --> incl 3.08M @ 8.75 g/t

    7.5M @ 8.86 g/t

    10M @ 8.95 g/t --> incl 3M @ 27.04 g/t & 13M @ 5.14 g/t

    19.7M @ 1.29 g/t --> incl 23M @ 3.15 g/t

    34M @ 2.01 g/t

    16M @ 2.46 g/t

    11M @ 3.12 g/t

    3M @ 11.45 g/t

    7.4M @ 6.4 g/t

    3M @ 10.16 g/t

    33M @ 3.94 g/t --> incl 11.7M @ 6.98 g/t

    17M @ 5.89 g/t

    4.2M @ 4.8 g/t as well as in the same drill hole 16.2M @ 3.8 g/t

    12.35M @ 2.32 g/t as well as in the same drill hole 6.8M @ 7.21 g/t

    10M @ 5.91 g/t as well as in the same drill hole 52.3M @ 2.51 g/t incl 16.7M @ 5.03 g/t

    10M @ 14.52 g/t as well as in the same drill hole 18M @ 2.64 g/t

    2.6M @ 42.78 g/t



    These are not just good assay results -- these are EXCEPTIONALLY good results - which (imo) border on bonanza grade and they are ALL part of the GREY FOX mine complex.



    There should be little doubt that when the updated N43-101 for GF is released later this month (09/12) that it should make for an absolutely stunning increase in gold reserves/resources!!!
    Sep 5 09:25 PM | Likes Like |Link to Comment
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