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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (15030)2/23/2016 12:07:40 PM
From: Goose94Read Replies (1) | Respond to of 202400
 
PGM-V trades $0.21 up 4 cents vol. 426,500 Last trade 1206ET



To: Goose94 who wrote (15030)3/6/2018 8:07:17 PM
From: Goose94Read Replies (1) | Respond to of 202400
 
Premier Gold Mines (PG-T) top pick from Brent Cook on BNN.ca PDAC Market Call tonite Tuesday March 6th @ 1730ET

Our last pick is a higher market capitalization ($640 million) but still junior gold and silver producer, Premier Gold. It has two operations, the first is a joint venture with Barrick Gold (ABX-T) on the South Arturo Gold Mine (40 per cent Premium Gold, 60 per cent Barrick) in the Carlin Trend of Nevada. The second is its wholly-owned Mercedes Silver-Gold Mine in Mexico. It's a low-cost producer in safe jurisdictions with growth potential in both assets.

The company was one of the few junior producers to actually generate positive free cash flow in 2017 (three quarters, $50 million) and its last reported cash position was $170 million at the end of September 2017. It's got growth opportunities in strategic partnerships with Barrick on a few projects in the Carlin Trend, including McCoy-Cove, Rye and toll milling opportunities.

2018 guidance of 85 koz of gold and 300-325 koz of silver at an AISC of US$800-850/oz per oz of gold predominantly from Mercedes Mine as this year will be a transition period for South Arturo to new open pits (Phase 1 and 3) and potentially an underground mine (El Nino). More drilling at Mercedes Mine in Sonora, Mexico with 40,000 m for 2018 for resource delineation. Potential exists to add new vein systems.