Recommendations

Sierra Madre Gold and Silver Ltd.

Thibaut Lepouttre, Caesars Report (12/19/24) "SM confirmed the industrial production state has begun at Guitarra."

NexGold Mining Corp.

Ron Stewart, Red Cloud Securities (12/19/24) "NEXG's merger with Signal allows it to bet on two horses at once."

Western Exploration Inc.

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/17/24) "WEX makes for a compelling bet on exploration success in 2025."

Seabridge Gold Inc.

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/17/24) "KSM continues making SEA one of the sector's better optionality plays."

MAG Silver Corp.

Ventum Capital Markets (12/17/24) "Only 5% of MAG's Juanicipio properties has been explored to date."

AbraSilver Resource Corp.

Christopher Ecclestone, Hallgarten & Co. (12/16/24) "ABRA's Diablillos is a prime candidate for larger predators' attention."

Perpetua Resources Corp.

Jay Taylor, Hotline (12/13/24) "PPTA and Sunshine could produce up to 40% of U.S. antimony demand."

O3 Mining Inc.

Bryce Adams, CIBC World Markets (12/12/24) "We expect the OIII-Agnico Eagle deal to be approved."

Perpetua Resources Corp.

Mike Niehuser, ROTH Capital Partners (12/11/24) "PPTA is evaluating partnerships to refine its concentrate."

Dakota Gold Corp.

Andrew Mikitchook, BMO Capital Markets (12/11/24) "DC's Richmond Hill should expand to look more like neighboring Wharf."

Thesis Gold Inc.

Jamie Spratt, Haywood Securities (12/9/24) "We are initiating coverage on TAU with a Buy rating."

Sierra Madre Gold and Silver Ltd.

Bereket Berhe, Beacon Securities Ltd. (12/9/24) "We visited SM's flagship La Guitarra mine; the asset shows very well."

Perpetua Resources Corp.

Mike Kozak, Cantor Fitzgerald (12/9/24) "PPTA potentially created an all-American antimony supply chain."

Western Exploration Inc.

Jordan Roy-Byrne, The Daily Gold (12/8/24) "Recently, drills hit 22.06 g/t Ag eq over 3.69m at WEX's Gravel Creek."

MAG Silver Corp.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (12/6/24) "In silver, I have MAG."

Perpetua Resources Corp.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (12/6/24) "PPTA jumped on the news that China banned antimony exports."

Lion One Metals Ltd.

Jay Taylor, Hotline (12/6/24) "In 2025 LIO expects to be operating at 500 tpd at Tuvatu."

Thesis Gold Inc.

Jay Taylor, Hotline (12/6/24) "TAU's offering will generate gross proceeds of up to $7M."

NexGold Mining Corp.

Jay Taylor, Hotline (12/6/24) "A highlight result from NEXG's Interlakes was 117.95 g/t Au over 2.7m."

Liberty Gold Corp.

Lauren McConnell, Paradigm Capital (12/4/24) "LGD released positive drill assay results from Black Pine's Rangefront."

Alex Terentiew, Ventum Capital Markets (12/4/24) "LGD's drilling along the open margins of Rangefront was successful."

Lithium Ionic Corp.

Katie Lachapelle, Canaccord Genuity (12/4/24) "A mine life of ~20 years is a probable outcome for LTH's Bandeira."

Dakota Gold Corp.

Andrew Mikitchook, BMO Capital Markets (12/3/24) "Drilling at DC's Maitland extended the strike length of mineralization."

Seabridge Gold Inc.

Taylor Combaluzier, Red Cloud Securities (11/26/24) "SEA has spent CA$444M on the KSM project."

Perpetua Resources Corp.

Chen Lin, What Is Chen Buying? What Is Chen Selling? (11/26/24) "PPTA is trading at a ~10% discount due to [the] gold price correction."

Dakota Gold Corp.

Andrew Mikitchook, BMO Capital Markets (11/26/24) "DC's drill highlights at Richmond Hill include 10.2m at 4.14 g/t."

Perpetua Resources Corp.

Jay Taylor, Hotline (11/22/24) "The gross proceeds to PPTA from the offering will be about $35M."

Lion One Metals Ltd.

Jay Taylor, Hotline (11/22/24) "LIO intensified its roscoelite-targeting efforts at Tuvatu."

Thesis Gold Inc.

Jonathan Guy, Hannam & Partners (11/20/24) "At TAU's Ranch there are 20 similar targets to Ring."

Jay Taylor, Hotline (11/15/24) "TAU announced a new discovery at the Ring zone within Lawyers Ranch."

Seabridge Gold Inc.

Jay Taylor, Hotline (11/15/24) "It is a matter of time before a large miner steps into SEA's story."

Perpetua Resources Corp.

Jay Taylor, Hotline (11/15/24) "The economics of PPTA's Stibnite appear exceptionally strong."

Lion One Metals Ltd.

Jay Taylor, Hotline (11/15/24) "LIO started developing a new high-grade roscoelite zone at Tuvatu."

Dakota Gold Corp.

Andrew Mikitchook, BMO Capital Markets (11/14/24) "The target at DC's Richmond Hill remains open in all directions."

Thesis Gold Inc.

Jamie Spratt, Haywood Securities (11/13/24) "TAU [made a] new discovery in the Ring zone within its Lawyers Ranch."

Philip Ker, Ventum Capital Markets (11/13/24) "TAU's new zone at Lawyers Ranch signals resource growth opportunities."

MAG Silver Corp.

Kevin O'Halloran, BMO Capital Markets (11/12/24) "MAG reported Q3/24 EPS of $0.22, which matched our forecast."

Cosmos Chiu, CIBC World Markets (11/12/24) "In Q3/24, MAG's surface drilling totaled 12,661m at Larder."

Western Exploration Inc.

Fundamental Research Corp. (11/12/24) "Drilling near WEX's Gravel Creek return more high-grade intercepts."

Sierra Madre Gold and Silver Ltd.

Oliver O'Donnell, VSA Capital (11/12/24) "SM reported first revenues generating a gross profit."

Dolly Varden Silver Corp.

Stuart McDougall, Research Capital Corporation (11/4/24) "DV's Homestake returned a spectacular 701 g/t Au and 184 g/t Ag."

Marcus Giannini, Haywood Securities (11/4/24) "DV's high-grade endowment is an attractive target to metal producers."

Liberty Gold Corp.

Ventum Capital Markets (11/2/24) "LGD's PFS for Black Pine outlines a robust and flexible operation."

Thesis Gold Inc.

Ventum Capital Markets (11/2/24) "TAU's Lawyers Ranch has exploration upside and a high-quality resource."

NexGold Mining Corp.

Jay Taylor, Hotline (11/1/24) "Drilling intersected significant visible gold at NEXG's Goliath."

Western Exploration Inc.

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/31/24) "WEX's hole 459 showed grades as high as 75.3 g/t Au and 3,080 g/t Ag."

Perpetua Resources Corp.

Jay Taylor, Gold, Energy & Tech Stocks (10/31/24) "PPTA's Stibnite has an important metal in short supply in the U.S."

Seabridge Gold Inc.

Jay Taylor, Gold, Energy & Tech Stocks (10/31/24) "SEA's KSM project is 'beyond world class.'"

NexGold Mining Corp.

Jay Taylor, Gold, Energy & Tech Stocks (10/31/24) "I anticipate [more] high-grade results from NEXG in the near future."

Western Exploration Inc.

Siddharth Rajeev, Fundamental Research Corp. (10/31/24) "WEX is emerging as a strong acquisition target."

O3 Mining Inc.

Bryce Adams, CIBC World Markets (10/30/24) "We expect takeout potential for OIII to rise in the next two years."

Jeremy Hoy, Canaccord Genuity (10/30/24) "OIII now plans to release a PEA for Marban Alliance in Q4/24."

Sierra Madre Gold and Silver Ltd.

Thibaut Lepouttre, Caesars Report (10/30/24) "SM is now getting close to a pivotal point in its existence."

Thesis Gold Inc.

Jay Taylor, Hotline (10/25/24) "TAU's drilling at Lawyers focused on resource infill and upgrading."

NexGold Mining Corp.

Jay Taylor, Hotline (10/25/24) "NEXG and Signal are upsizing their financing before merging to $17M."

Metallic Minerals Corp.

Couloir Capital (10/25/24) "MMG should complete an updated resource estimate on La Plata by Q4/24."

MAG Silver Corp.

Kevin O'Halloran, BMO Capital Markets (10/24/24) "We forecast 2024 silver production at MAG's Juanicipio of 18 Moz."

Joe Reagor, ROTH Capital Partners (10/24/24) "We are increasing our price target on MAG on Q3/24 production results."

Thesis Gold Inc.

Jonathan Guy, Hannam & Partners (10/24/24) "TAU results suggest the potential for a resource expansion in scale."

Seabridge Gold Inc.

Ventum Capital Markets (10/24/24) "SEA is seeking a JV partner to help fund, build and operate KSM."

Thesis Gold Inc.

Ventum Capital Markets (10/24/24) "We estimate TAU has 204% upside to its current share price."

NexGold Mining Corp.

Ventum Capital Markets (10/24/24) "NEXG's Goliath has completed its environmental assessment."

Thesis Gold Inc.

Philip Ker, Ventum Capital Markets (10/23/24) "New assays from TAU's Lawyers are to be included in the project's PFS."

Sierra Madre Gold and Silver Ltd.

Dominic Frisby, The Flying Frisby (10/23/24) "There is plenty of upside left in SM."

Thesis Gold Inc.

Jay Taylor, Hotline (10/18/24) "TAU's Lawyers and Ranch have significant resource growth potential."

Dolly Varden Silver Corp.

Haywood Securities (10/17/24) "We view DV as a potential mergers & acquisitions target."

Western Exploration Inc.

Fundamental Research Corp. (10/15/24) "WEX's first hole near Aura's Gravel Creek returned exceptional grades."

NexGold Mining Corp.

Ron Stewart, Red Cloud Securities (10/11/24) "NEXG entered into a definitive agreement to merge with Signal Gold."

Thesis Gold Inc.

Jay Taylor, Hotline (10/11/24) "TAU is a very undervalued, multimillion-ounce gold mine in the making."

NexGold Mining Corp.

Jay Taylor, Hotline (10/11/24) "Collectively, NEXG and Signal will hold some 4.7 Moz of gold."

Seabridge Gold Inc.

Jay Taylor, Hotline (10/11/24) "Iskut is another of SEA's projects of considerable value."

NexGold Mining Corp.

Clive Maund, CliveMaund.com (10/10/24) "NEXG's merger with Signal is seen as a major positive development."

Liberty Gold Corp.

Haywood Securities (10/10/24) "LGD's Black Pine would be a nice bolt-on for a midtier producer."

Alex Terentiew, Ventum Capital Markets (10/10/24) "As project economics are better defined, we expect a rerating of LGD."

Brian Quast, BMO Capital Markets (10/10/24) "LGD's inventory (M&I and Inferred) increased from 3.5 Moz to 4.9 Moz."

Gold Recommendations