Doubloons Gold
For
March 2014
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The following is a collection of speculative 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. No payment of any kind has been received from these companies.
Bayhorse Silver (BHS.V/KXPLF) Market cap $3.3m Float 6m (approx.) Shares out 19.2m
Bayhorse Silver moves to the top of the pile this month with anticipation of hopefully more Bonanza grade results from their Silver Mine in Oregon. Although not in production yet, the old workings have tailings piles that should produce a good revenue stream throughout the coming year. With the recent 43-101 announced on the Oregon property, a steady stream of news should be forthcoming from this company from either their three New Zealand gold properties, the Washington State rare earth property or the Oregon silver mine. A very tight float here so bid sitting will not work very well.
Garibaldi Resources (GGI.V/GGIFF) Market Cap $12.5m Shares out 58m
Garibaldi 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), a recent land acquisition south of the Doubleview discovery has added insurance for this company with over 100 sq. miles of land under management at the Sheslay valley. 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.
Doubleview Capital (DBV.V) Market cap $10.5m Shares out 43.6m
Drill results last month 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. A very strong area with the Sheslay Valley being the hot topic for exploration this coming season.
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.
Athabasca Uranium (UAX.V/ATURF) Market Cap $4.4m Shares out 68.5m
A Uranium Exploration company with some very solid ground in the Athabasca Basin of Saskatchewan, the company has been sitting idle during this downturn but now that new life is entering the junior explorers I am seeing very high daily volume rates, some one knows something and a position here is a gamble right now but could be lucrative.
Ashburton Ventures (ABR.V) Market Cap 2.0m Shares out 35.9m
Ashburton Ventures is an area player that sneaked in and grabbed a section of land between Doubleview Capital and Garibaldi Resources in the Sheslay Valley. Like the Remora is to the Shark many companies find fortune and fame by playing on others discoveries, this could be one but is at this point a high risk play.
