EVG IS THE REAL DEAL from the Globe & Mail:
Globe says Trelawney, others are looking good
Ticker Symbol: C:TRR C:EVG C:PKL
Globe says Trelawney, others are looking good
Trelawney Mining and Exploration Inc (C:TRR)
Shares Issued 95,516,877
Last Close 1/24/2011 $3.13
Tuesday January 25 2011 - In the News
Also Evolving Gold Corp (C:EVG) In the News
Also PC Gold Inc (C:PKL) In the News
The Globe and Mail reports in its Tuesday, Jan. 25, edition that there is good money to be made or lost investing in junior gold exploration stocks. The Globe's Martin Mittelstaedt writes that newsletter writer Ian Gordon says investors should try to focus on companies that have land positions around existing or former mines, under the theory that this is probably where more gold can be found at the lowest risk. He also advises seeking out juniors with minority interests held by senior producers, a sign that deposits are promising. Another indication of a worthwhile buy is when top performing gold fund managers take a liking to a company. Among companies Mr. Gordon has found that fit into his investing criteria are Trelawney Mining and Exploration. It is exploring for gold in areas of Northern Ontario noted for previous finds. A major shareholder, according to Bloomberg, is money manager Goodman & Co. Other picks: Evolving Gold, which is exploring for gold in Nevada, and has Goldcorp as a 15-per-cent owner, and PC Gold, which is looking around the former Pickle Lake mine in Ontario for gold and has Sprott Asset Management with a 10-per-cent interest. |
