21:46:30 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Premier Gold Mines Ltd
Symbol PG
Shares Issued 155,387,353
Close 2014-10-30 C$ 1.97
Market Cap C$ 306,113,085
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Taylor says buy Premier Gold Mines

2014-10-30 21:03 ET - In the News

Jay Taylor, in the Oct. 15, 2014, edition of Gold, Energy & Tech Stocks, says buy Premier Gold Mines Ltd., recently $2.43. Mr. Taylor said buy twice -- on July 18, 2013, at $1.71 and on Feb. 12, 2014, at $2.16. Assuming a $1,000 investment for each of the two buys, the $2,000 position is now worth $2,541. Mr. Taylor says Premier is one of his top picks among emerging gold miners in North America because it now has not one or two, but three "world-class" projects in the making. Premier has acquired a full interest in the Cove-McCoy property package in Nevada from Newmont Mining Corp. in exchange for $21-million (U.S.) and its South Carlin project in the same state. Cove-McCoy produced 3.3 million ounces of gold and 110 million ounces of silver from 1986 to 2006. Although the current resource of 422,000 ounces is small, says Mr. Taylor, the 31,000-acre land package remains largely underexplored. The other two projects are Trans-Canada in Ontario, where 7.61 million ounces of gold (all categories) in one deposit have been outlined, and the Rahill-Bonanza joint venture, also in Ontario. Further resource expansion and an upward turn in the gold market may "set these shares on fire," concludes the editor.

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