Fundamental Research Corp.

Is Barrick in trouble? I don't think so!

Barrick is well capitalized, and is sitting on a reasonably healthy balance sheet. Here's why.

Analysts' ideas of the week – Iron ore continued

Even the world’s largest iron ore producer, Vale, stated last week that they expect the iron ore market will be in a supply surplus position in 2015.

Uralkali considers dropping out of cartel sending potash shares for a nose-dive

Now the potash industry may be opening up, creating more opportunities for companies to market themselves.

Analysts’ ideas of the week – what triggered this depressing junior resource market?

It is hard to come across a cheerful face these days - the culprit being the disastrous junior resource market.

Laurion Mineral Exploration Inc. – initiating coverage – expanding gold resource through exploration and development

Laurion Mineral Exploration Inc. is TSX Venture and OTCQX listed advanced stage exploration company with aims to become a short to medium term gold producer.

Canada Rare Earths Inc. – Initiating Coverage – Carbonatite Rare Earth Project in Quebec

The company is focused on exploration and development of its Goeland rare earth project in the Abitibi region of Quebec, Canada.

Thunder Mountain Gold signs exploration agreement with Newmont to advance the Trout Creek Project in Nevada

Thunder Mountain entered into an agreement with Newmont to advance the company’s Trout Creek project in Nevada. The agreement allows Thunder Mountain to conduct exploration activities on Newmont’s land around the company’s Trout Creek claims.

Monument Mining Ltd. – Commercial Production Declared; Reported Revenues of $6.61 million in September 2010

Fundamental Research release a report on Monument Mining. Here are the investment highlights: The company announced on September 20, 2010, the commencement of commercial production at the Selinsing Gold Project in Malaysia. The facility is […]

Diamcor Mining Inc. (TSXV: DMI) – Finalizes Acquisition of Krone-Endora and Appoints New CFO

Krone-Endora Project Acquisition Finalized Since our initiating report, Diamcor has satisfied all the requirements for the acquisition of the Krone-Endora Project from De Beers. The company announced that the cession of the Sale Prospecting Rights for […]

Western Potash Corp. (TSXV: WPX) – Favorable Scoping Study on Milestone; Plans to Raise up to $40 million

Investment highlights. On November 22, 2010, K+S AG, Europe’s largest potash producer, agreed to acquire Potash One Inc. for $4.50 per share – reflecting an implied enterprise value (EV) of $396 million. This is highly […]

Fission Energy Corp. (TSXV: FIS) – Positive Results Continue at Waterbury Lake; $8 MM Winter Drill Program to Commence in January 2011

Investment Highlights Drilling at the J-Zone discovery on the company’s 50% owned Waterbury Lake property has continued to intersect significant intersections of high grade uranium. We expect the winter drill program should give us sufficient […]

Mesa Uranium Corp. (TSX-V: MSA) – FINAL REPORT – Letter of Intent Signed to Acquire Potash Project

Investment Highlights Mesa signed a letter of intent to acquire the Pine Valley potash project in August 2010. This project is located in southwestern Utah. Historical records show that this project has 82.7 million tons […]

Gryphon Gold Corporation (TSX: GGN, OTC BB: GYPH) – Advancing to Production

Investment Highlights: Gryphon Gold Corporation (“Gryphon,” the “company”) sold its wholly owned subsidiary, Nevada Eagle Resources, LLC. to Fronteer Gold Inc. (“Fronteer” TSX: FRG) for $4.75 million. During Q1-2011 (quarter ended June 2010), approximately 21 […]

Investment Highlights Apella Resources Inc. (“Apella”, “APA”, “the company”) is focused on exploring its vanadium/titanium/iron projects located in central Quebec. An initial resource estimate calculated for the Iron-T property states 11.63 million tonnes inferred grading […]

Canadian Zinc Corporation (TSX: CZN, OTCBB: CZICF) – Environmental Assessment at the Prairie Creek Mine Moves Closer to Final Stages

Investment Highlights: In May 2010, the Mackenzie Valley Environmental Impact Review Board (“Review Board”) approved an assessment report the company had submitted in March 2010. The Review Board issued an updated work plan timetable for […]

Trelawney Mining and Exploration Inc. (TSXV: TRR, Frankfurt: RTW) – Initiating Coverage – Near Term Production, Large Exploration Upside Potential

Investment Highlights Trelawney Mining and Exploration Inc. is a TSX Venture listed junior mining and exploration company focused on bringing the flagship Chester Complex project to production. The Chester Complex is located in north-central Ontario […]

Compliance Energy Corporation (TSXV: CEC) – Positive pre-feasibility results – Cash and marketable securities alone account for $0.23 per share

Investment Highlights Pre-feasibility study (PFS) completed for the Raven underground coal mine on Vancouver Island. On a 100% basis, the pre-tax NPV at an 8% discount rate is $201.9 million. The pre-tax Internal Rate of […]

Evolving Gold Corp. (TSXV: EVG) – Further Positive Drill Results at Rattlesnake Hills; High Grade Mineralization Encountered at Carlin Property, Nevada

Investment Highlights In July, 2010 the company completed a private placement with Goldcorp Inc for 19.05 million common shares of the company at a price of $0.82 per share for proceeds of $15.62 million. We […]

SilverCrest Mines Inc. (TSXV: SVL) – Santa Elena Producing Gold & Silver Doré

Investment Highlights First gold and silver doré pour at Santa Elena announced on September 9, 2010. Full scale production of 2,500 tonnes per day is expected to be reached by year’s end. Anticipated output is […]

Mawson Resources Ltd. (TSX: MAW, Frankfurt: MRY) – NI43-101 Inferred Resource for Nuottijarvi, Finland Project; Alto Quemado Option Agreement Acquisition Completed

Investment Highlights An initial NI43-101 compliant inferred resource has been issued for the Nuottijärvi uranium project in Finland: Inferred, 0.03% lower cut-off: 2.0 million tonnes averaging 0.074% U3O8 for 3.27 million lbs. Alto Quemado project […]

Terra Ventures Inc. (TSXV: TAS) –New Zone of High Grade U3O8 Confirmed 200 Meters East of Roughrider Zone; Uranium Stocks Starting to Look Favorable

Investment Highlights Discovery hole MWNE-09-170 intersected 10 meters of 13.44% U3O8 and another separate intersection of 8 meters grading 27.66% U3O8, 200 meters east of the Roughrider zone at the Midwest Northeast project. Subsequent drilling […]

NiMin Energy Corp. (TSX: NNN, OTCQX: NEYYF) – Q2 Slightly Below Expectations; Strengthens Balance Sheet; FINAL REPORT

Investment Highlights Net production revenues (after royalties) in Q2-2010 were $2.98 million, down from $3.31 million in Q1-2010. Revenues dropped QOQ due to lower commodity prices, offset by a slight increase in production. Operating costs dropped […]

Paragon Minerals Corporation (TSXV: PGR) – Issuing Recommendation; VMS Base Metal Discovery in Producing Belt; Joint Venture Gold Projects with Growth Potential

Investment Highlights Paragon Minerals Corporation (“Paragon”, “the company”) is a TSX Venture listed junior exploration company focused on the recognition, acquisition and development of quality gold and base metal resources. The company has a quality portfolio […]

Diamcor Mining Inc. (TSXV: DMI) – Initiating Coverage – Near Term Diamond Production Adjacent to South Africa’s Top Diamond Producing Mine; Growth Potential

Investment Highlights Diamcor Mining Inc. is a TSX Venture listed junior mining company with an established operational history which is focused on acquiring quality near-term production based diamond projects. The company is currently focused on developing […]

Merrex Gold Inc. (TSXV: MXI) – Updated Resource at Siribaya

Investment Highlight An updated resource estimate for the Siribaya project increases grade 35% and establishes indicated resources of: 4.01 million tonnes @ 2.39 g/t gold – 308,200 ounces contained. Zone 1A, previously thought to be part […]