Doubloon’s Gold for February 2014 ~~~~~~~~~
Post# of 579
Doubloon’s Gold
for
February 2014
~~~~~~~~~~~~~
The following is a collection of speculative mineral exploration companies that are currently held for future growth. Timelines of the holdings will vary however most are planned to be held for a minimum of six months and are based on value not momentum.
Doubleview Capital (DBV.V) Shares out 28.5m Market cap $3.4m
Drill results last week revealed discovery of a strong copper-gold mineralized alkalic porphyry-type deposit at its Sheslay area Hat Property. One drill hole returned 313.11 metres of 0.32% Cu Eq, including 61.08 metres of 0.52% Cu Eq and 51.82 metres of 0.62% CuEq.
New Columbia Resources (NEWC:OTC) Shares out 74.7m Float 25m Market cap $1.7m
A Columbian Coal property with $.45 per share in proven reserves and two other metallurgical coal properties in the process of being included in the company. An organic coffee distribution company is soon to be spun off as a dividend and is providing important local population support. For all coal companies in Columbia the deep-water shipping terminal has been shut down by the government until environmental issues are addressed, this has temporarily softened all Columbian coal mining companies and they are rumored to be under attack by short sellers. This has presented an excellent entry point for investors interested in value with little downside risk.
Big North Graphite (BNCIF/NRT.V) Market cap $3.7m Float? Shares out 52.9m
Big North is a graphite development and exploration company focused on select projects in Mexico and Canada. The Company acquired three past producing amorphous graphite mines in Sonora, Mexico and is working towards accelerating the restart of the Nuevo San Pedro amorphous graphite mine. Big North is currently in the Test Mining phase at Nuevo San Pedro and has completed four consecutive months of sales of amorphous graphite.
Bayhorse Silver (BHS.V/KXPLF) Market cap $2.1m Float 6m (approx.) Shares out 16.2m
Recently announced surface samples from its Oregon silver mine of 150.4 kg/tonne (150,370 g/tonne or 4,385 oz./tonne) and 88.2 kg/tonne (88,206 g/tonne or 2,836 oz/tonne). This company is self-sustaining and keeping future dilution to a minimum with silver bulk sample sales and rare earth sales from its Washington mine.
Garibaldi Resources (GGI.V/GGIFF) Market Cap $7.8m Shares out 58m
Garibladi the largest landholder among juniors in the very “pregnant” Sheslay Valley district of British Columbia where a second Cu-Au porphyry drilling discovery has been made very close to its border (Garibaldi has multiple targets of its own over an incredible 15 km corridor with news pending on that), but the company is also currently extremely active in Mexico with drilling continuing at its Gold Property with drill results of grading 28.4 g/t Au over 1.3 meters, 7.5 g/t Au over 6.4 m, 6.2 g/t Au over 3.3 m, and 5.8 g/t Au over 7.9 m at the Murcielago breccia, and 13.5 g/t Au over 1.3 m at the La Patilla vein system contiguous to the southeast. Garibaldi is one of the few juniors that’s had virtually no dilution in its stock since 2009.
Pistol Bay Mining (PST.V/SLTFF) Market Cap $1.9m Shares out 18.4m
Rio Tinto Canada Uranium Corporation ("RTCUC") is scheduled to commence drilling on the Pistol Bay property on or around January 11th 2014. A total of approximately 2,500m of diamond drilling is proposed for the 2014 C-5 Block winter exploration program with a budget of $1,200,000. The program is designed to test five (5) to six (6) holes within the Corridor A target area as a follow-up to mineralization intersected during the winter 2013 exploration program. Drilling is expected to take approximately six (6) to seven (7) weeks.
The preceding report is not a recommendation to buy any stock mentioned, the author has received no compensation for any company mentioned here. The author is a public market consultant to other companies not mentioned.