Not so long ago, gold producers were looking for ways to cut costs in order to maintain operating margins at levels that could sustain production in the event of further declines in the price of gold. Today, gold production margins are at levels not seen for 40 years. Why aren't gold companies hedging their bets?
In early June, Raymond James Ltd. added Calibre Mining Corp. (CXB-TSX; CXBMF – OTCQX) to their list of favored gold stocks. Their strong buy recommendation was based on a detailed analysis of the company that included these three central investment themes.
Canaccord Genuity, a global full-service investment bank that specializes in growth companies just upgraded Calibre Mining to BUY from SPEC Buy, as well as a significantly higher price target.
Gold Stocks make up less than 1% of the market capitalization of all stocks - a hard pill for gold bugs to swallow. So why even bother with gold stocks? Find out what happens when the 1% buy the 1%.
Haywood Securities’ Co-Head Mining Research, Geordie Mark, Ph.D. prepared a comprehensive analyst report on Calibre Mining. Here is our brief review of the Calibre Mining analyst report.
With the gold index looking to test the 280 level again, is it time, once again, to place the same "faith and trust" in the "the charts and buy into gold stocks? Let's take a look.
There seems to be “unnecessary pressure” being applied to gold stocks, despite the rise in price of gold itself. We take a closer look at the comparison of gold vs. gold stocks in these charts.
Ever wonder how a technical analyst looks at chart? In today's column, John Top explains how he views charts, using the price of gold as an example.
They turned a $10 million company into a billion-dollar buyout in just over a year. And now they're back with their latest deal Calibre Mining Corp. Only this time, the team is even better.
Is it time to finally buy gold stocks? John Toporowski gives his view on where gold stocks might be headed and where the new trend is after 6 long years.