Harvest Gold Corp. (TSXV: HVG) – Initiating Coverage

Investment Highlights

• Harvest Gold Corp. is a TSX Venture listed junior exploration and mining company focused on identifying and expanding resources at its flagship Rosebud property in northern Nevada.
• The property was in production from 1997 to 2000 producing just under 0.4 million ounces of gold and 2.3 million ounces of silver.
• Historic resources remaining in-situ total approximately 0.24 million ounces of gold and 2.1 million ounces of  silver
• We believe significant potential exists to expand on historic resources at the site of past production as well as at targets throughout the property.
• In April 2010, the company closed a $1.30 million private placement.

Risks

• The company currently has no operating mines.
• Access to capital and share dilution.
• The value of the company is dependent on commodity prices.

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