Reports on the gold companies we have researched
Albuquerque, New Mexico – A hype-filled promotion for Lone Star Gold, Inc (OTCBB: LSTG) is in full swing as evidenced by some pretty outrageous emails being released into the digital universe. The 10Q filed by the company on November 10, 2011 disclosed a total issued and outstanding share count of 116,517,096. Assuming no more shares...
With Gold trading in the low $1700′s, people are asking if gold has lost its glitter. One look at the current world economic situation suggests that this may just be the calm before the storm. The Obama administration, in a move displaying epic stupidity and overarching shortsightedness agreed to rev up the printing presses...
If I were looking for the worst possible gold stock to buy, worse even than Silverado Gold Mines (OTCBB: SLGLF), Portage Resources Inc (Pink Sheets: POTG) would definitely be on my short list. There is no explanation for the stock trading over 34 million shares yesterday and shooting up from $.11 to $.29 nor...
Virginia City, Nevada – (Our-Street 6/9/2011) – Opponents of Comstock Mining’s (AMEX: LODE) plan to initiate open pit mining activities throughout the historic Comstock Mining areas near Virginia City, Silver City and Gold Hill scored a minor victory as their objection that the permitting process was being “unnecessarily rushed” given the size and scope...
Virginia City – (Serious Speculator – 5/23/2011) Comstock Mining, Inc’s (OTCBB: LODE) plans for long-term mining at the scene of one of the world’s greatest gold and silver bonanzas have raised concerns from neighbors. A citizen’s group calling itself the Comstock Residents Association has formed to fight Comstock Mining Inc.’s plans to mine for...
I have received several requests from readers to have a look at Comstock Mining, Inc (OTCBB: LODE) and, given that the company just got reorganized and recapitalized resulting in the company having $25 million in cash in the bank, while simultaneously reducing its debt from around $23 million to $5.5 million, and given that...
Reno, Nevada (OUR-STREET) 4/7/11 – I have received several requests from followers to review Coyote Resources Inc so I spent a little time on their website and EDGAR filings and this is my unbiased conclusion. This is a relatively new company with modest capital resources (around $400k in cash as of 12/31) and...
Another gold mining company making big moves in the market and causing quite a stir these days is El Capitan Precious Metals, Inc (OTCBB: ECPN) following the November announcement of the acquisition of the privately held Gold and Minerals, Inc, the company’s partner in its primary gold properties. The stock, which was stable with...
Caledonia Mining Corporation (OTCBB: CALVF, TSX: CAL, AIM: CMCL) is another company we’ve discovered that meets the threshold requirements for consideration on Our-Street.com’s search for real gold mining companies. Caledonia Mining Corporation is a Canadian corporation with African focused mining and exploration operations including an operating gold mine in Zimbabwe, two platinum-nickel exploration projects...
As we predicted, the SEC stepped in this morning and suspended trading on Supatcha Resources (OTCBB: SAEI) crushing the hopes of even die-hard investors. Over the course of the next 10 trading days, investors who failed to heed our warning will consider their options for when the stock can resume trading on the infamous...
