Why junior gold stocks are still the place to be: Edward Karr
Edward Karr, CEO of Geneva-based RAMPartners, favors a disciplined, patient and steady approach to investing in junior gold mining companies.
Edward Karr, CEO of Geneva-based RAMPartners, favors a disciplined, patient and steady approach to investing in junior gold mining companies.
Congregants are expected to throng the Shree Swaminarayan temple in New Jersey this Sunday to ceremonially weigh their guru in honour of his 70th birthday. Preliminary estimates are that Swami Purushottampriyadasji's good works are worth just under $4 million or the equivalent of 40,000 catalytic converters.
The report outlines a Q2 2012 net loss of $30.9 million, or $0.92 per share, including the previously announced $33.2 million write-down on the Francoeur Mine assets, versus Q2 2011 net earnings of $5.0 million, or $0.16 per share.
The Toronto-based company said in the report it continues to engage the government of PNG in legal proceedings held in Sydney Australia but that it has run into trouble with its German partners building a surface vessel for the operation which would lead to delays.
"Primero achieved its strongest quarter to date. San Dimas delivered record gold and silver production, record profit margins and record operating cash flow for Primero."
The company has announced its final terms on a $20 million term debt facility with Waterton Global Value, L.P.
The company highlights findings from the Etna area with 9 metres of 1.7 g/t gold eq within 40 metres of 0.6 g/t gold eq, including 1.5 meters of 5.2 gt gold eq.
The company highlights findings of: PY11-010: 310.29 meters 0.53% copper equivalent equivalent and PY11-016: 155.94 meters 0.97% copper equivalent
It was an exciting and educational week. I was in Vancouver at the Agora Financial Investment Symposium speaking to hundreds of investors who are eager to learn how to grow and protect their wealth.
The company dropped 11% in share price after reporting a detailed listing of its audited results for the year ending March 2012