Equedia.com and The Equedia Weekly Letter provides research on stocks with a focus on mining and resources. Equedia is continuing research and evaluation on the prospects of Galway Resources Ltd. (TSX VENTURE: GWY) and Pan Orient Energy Corp. (TSX VENTURE: POE). To be further notified of our updates on these companies and special report editions through the Equedia Weekly letter, please obtain your free subscription here:
Many companies previously featured in our special report editions have hit new 52 – week highs since the initiation of our coverage and man) y companies under evaluation have made strong gains since being placed under evaluation. To receive these reports, please make sure to subscribe for your complimentary subscription to Equedia Weekly here:
Here is a brief excerpt from one of our latest weekly letter, "Secrets of the Big Gold Producers":
“Leveraging gold prices by investing in major gold producers has always been the traditional mentality. But things are different now.
The big producers are now facing problems with a major surge in production costs. You would think that companies with so many economies of scale advantages should enjoy a 20 to 30 per cent cost advantage over smaller competitors. But mines are being shut down everywhere as a result of rising costs; many of them belonging to the big producers.
Just a few months ago, Barrick's massive Pascua-Lama construction project hammered investors with a 50%-60% escalation of projected costs for the project. Just recently, Barrick revealed another upward adjustment, raising the total budget to as much as $8.5 billion!
Barrick's current $592 per ounce, co-product cash costs for gold production may seem small, considering gold prices are over $1700 per ounce, but a further look reveals some shocking hidden secrets…”
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All material herein was prepared by Equedia Network Corporation (“Equedia”) based upon information believed to be reliable. The information is not guaranteed by Equedia to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Equedia is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker or investment professional before purchasing or selling any securities mentioned herein.
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