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 KRO Favorites 2024 Center
    Publisher: Kaiser Research Online
    Author: Copyright 2024 John A. Kaiser

 
The KRO Favorites 2024 Center features the KRO companies designated as Favorites at the start of 2024 and added during 2024. All 2023 members were closed out as Favorites at the end of 2023 and assigned Spec Value ratings. Some were rolled over to the KRO 2024 Favorites Collection.
The current Favorites collection was chosen on December 29, 2023. The KRO Favorites 2024 Index started a balanced index where $1,000 worth of each stock was "bought". The Index reflects the average value of the KRO Favorites portfolio. New Favorites are added to the index on the same $1,000 basis. Companies that are closed out as Favorites are frozen in the index at the price at the time of the closeout. The chart below reflects the daily change of the KRO Favorites 2024 Index during the past 120 trading days.
Spec Value Rating Key - 2019 onwards
Unrated Spec Value Zombie Spec Value No Spec Value Poor Spec Value
Bottom-Fish Spec Value Fair Spec Value Good Spec Value KRO Rating Guide
Bottom-Fish SV Favorite Fair SV Favorite Good SV Favorite Click SV Rating for KRO Search

KRO Favorites 2024 Center - Feb 28, 2024
Company Start End Start
Price

Spec Value Rating Current
Price
Chg
Arizona Gold & Silver Inc (AZS-V) 12/29/2023
$0.440 Fair Spec Value Favorite $0.290 -34.1%
Brunswick Exploration Inc (BRW-V) 12/29/2023
$0.830 Fair Spec Value Favorite $0.410 -50.6%
Colonial Coal International Corp (CAD-V) 12/29/2023
$1.900 Fair Spec Value Favorite $2.200 15.8%
Hercules Silver Corp (BIG-V) 1/4/2024
$0.810 Fair Spec Value Favorite $0.760 -6.2%
Patriot Battery Metals Corp (PMET-T) 12/29/2023
$9.930 Fair Spec Value Favorite $7.710 -22.4%
Solitario Resources Corp (SLR-T) 12/29/2023
$0.760 Fair Spec Value Favorite $0.730 -3.9%
West Vault Mining Inc (WVM-V) 12/29/2023
$0.950 Good Spec Value Favorite $0.860 -9.5%
Winsome Resources Ltd (WR1-ASX) 12/29/2023
$1.050 Fair Spec Value Favorite $0.765 -27.1%

Arizona Gold & Silver Inc (AZS-V) RSWeb SiteTreeForumSEDARQuoteFREE
Issued
71,550,705
Price
$0.29
Working Capital
($308,941)
Story Type
Discovery Exploration
Diluted
86,374,753
Insiders
11.9%
As of
11/30/2023
Key People
Mike Stark (CEO), Dong H. Shim (CFO), Gregory A. Hahn (VP EX),
SV Rating: Fair Spec Value - Favorite - as of December 29, 2023: Arizona Silver Corp was assigned a Bottom-Fish Spec Value rating at $0.20 on December 1, 2021 based on emerging evidence that the Philadelphia project in Arizona was evolving beyond a high grade gold-silver vein chasing exercise into a potential associated open-pittable bulk tonnage discovery. Arizona Silver listed on the TSXV on Nov 16, 2011 as a CPC called Damon Capital Corp which completed its QT on Nov 16, 2016 by acquiring a private company called Arizona Silver Corp with rights to the former Ramsey silver mine in Arizona. The driving force behind Arizona Silver was Mike Stark who handled marketing and is now the CEO, and Greg Hahn who handles the exploration strategy. Ramsey hosted a narrow high grade silver vein that was mined on a very small scale because its down-dip extension was cut off by a fault. Hahn developed the hypothesis that the remainder of the system had been fault offset to the northeast where it was buried under gravel cover. An IP anomaly suggested a comparison with the Real de Angeles deposit in Zacatecas where a high grade silver-lead-zinc vein ended up being the extension of a bulk tonnage system that became an open pit mine. May 18, 2017 outlined this play which caught the market's imagination, but the play collapsed when rush assays revealed that the silver grade was too low. I gave up in Tracker Jan 17, 2018. Arizona Silver still has hopes for testing a blind geophysical target to the east of the Ramsey vein interpreted as a bulk tonnage system, but Philadelphia has become the primary focus. After killing the deep IP Ramsey target Arizona Silver in March 2018 optioned the Sycamore Canyon project in Arizona which a pair of prospectors had generated during the 1980's but never managed to do any work on themselves or farm it out. Greg Hahn knew one of them and optioned the claims whose outcropping gold-silver mineralized breccia zones have never been drilled. However, it lies in USFS jurisdiction and when they initiated the drill permitting cycle in 2019 the wheels got immediately gummed up by the covid pandemic in 2020. Arizona Silver is still awaiting a drill permit but Sycamore Canyon is secondary to Philadelphia optioned in February 2019. The Philadelphia lease covered 11 unpatented claims in Arizona's Oatman district, the northeast extension of the high grade low sulphidation epithermal Philadelphia-Arabian gold-silver vein. These claims were worked in 1917-1941 via 2 shafts and a 50 tpd mill. Initially Arizona Silver tried to find shoots between the mined out portions and then chase the existing shoots beyond the 125 m mining depth limit. This was a truly uninteresting exploration story with no scale so I ignored it. The southern part of the vein was covered by 3 patented claims being worked on a mom and pop scale. AZS leased the Perry claim in Feb 2021 and then the Resaca and Rising Fawn claims in Aug 2021 so that it controlled the entire vein. It also staked a buffer zone around the claims in 2021, including the 1 km by 1 km square jutting east of the 3 patented claims acquired in 2021. This was done for a reason that finally makes the Philadelphia project interesting and Arizona Silver Corp worthy of a Bottom-Fish Spec Value rating. Arizona Silver drilled the just acquired Perry claim in Q2 of 2021 and intersected high grade gold-silver values over 1.5-9 m intervals within the vein below the projected boiling zone within this system. But the big surprise in the Perry claim area was that both the footwall and particularly the hanging wall had thick intervals of low grade stockwork mineralization which is absent at the northern Philadelphia vein end of the system where Arizona Silver had focused its drilling efforts in 2019-2020. These results prompted Greg Hahn to rethink the deposition model for the Philadelphia project. The Philadelphia vein tracks the fault contact with basement rocks to the west of a volcanic rhyolite flow dome complex centered east of the Perry claim area. The vein does not outcrop on most of the Perry claim but does to the northeast and to the southwest; Hahn now believes that the erosional surface is such that the southwest extension which is weakly mineralized is above the boiling zone while the northern extension is below it. But in the middle segment covered by the 3 patented claims acquired in 2021 the boiling zone is close to the surface. Not only does this now provide a guide for tracking the unmined portion the Philadelphia vein at depth and along strike, but it opens up the potential for a low grade stockwork zone just below the boiling zone of the dome complex to the east. This was confirmed on Dec 9, 2021 when AZS received assays for the upper portions of 2 Perry holes. Arizona Silver is gearing up to mount a major core drilling program which will test two objectives: 1) delineate the Philadelphia vein estimated with average 5 m thickness to a depth of 200 m along a 400 m segment of the Perry claim including a 200 m gap in the middle caused by lack of drill roads, and, 2) assess a 100 m thick envelope around the vein as a bulk tonnage target. The vein target represents a 1 million tonne footprint where a 10 g/t gold grade would represent about 320,000 ounces. The disseminated target has a tonnage footprint of 200 million tonnes which at 1 g/t would represent about 640,000 ounces. If this combination were to exist it could be at least partly mined as an open pit. If it extends farther east it could become very interesting. The scope of the initial drill program is limited by the footprint of the patented claims and their easier permitting. The next stage which is subject to BLM permits would involve stepping to the east to chase the vein deeper and assess how the low grade stockwork mineralization behaves laterally within the rhyolite flow dome and within reach of open-pittable depth. A future stage would involve drilling the 1,500 m southwestern extension of the Philadelphia vein whose bonanza grades are expected to be deeper and which have never been drilled. Arizona Silver Corp has 76.7 million fully diluted after raising $945,000 in December 2021 through a half warrant unit at $0.21, which brings its working capital to about $1.2 million. The missing pieces are confirmation of the bulk tonnage scenario and sufficient funding to allow systematic drilling of this 3,500 m by 300-1,300 m wide land package. Arizona Silver has enough money to get this program underway in H1 of 2022, but will need to raise additional money, though this should not be a problem if results support the new rethink of the Philadelphia system's potential for both high grade and bulk tonnage gold mineralization. Sycamore Canyon could become a fallback play if Philadelphia disappoints, but the USFS needs to grant those drill permits. The market probably will not want to hear about the Ramsey project until after drill results confirm a new zone to the east of the original Ramsey workings. Arizona Silver does have drill permits for the Silverton project in central Nevada where an undrilled portion has potential for a Carlin-type gold system, though that project might end up be farmed out. A consolation prize for the Philadelphia play if it does not deliver results supportive of a standalone mine could involvee becoming part of an Oatman District consolidation effort. Elevation Gold Mining Corp operates the Moss gold mine to the south and is in need of a redemption story after merging with Eclipse Gold Mining Corp in February 2021, and could benefit from higher grade mill feed. Alternatively that district consolidation could be pursued by Aura Minerals Inc which operates the Gold Road Mine acquired in 2020. (Jan 25, 2022)
Company Related KRO Comments
May 2, 2023Tracker: Philadelphia Story has potential to scale big in 2023
Jun 23, 2022Kaiser Watch - 0:15:13
Jun 23, 2022KW Excerpt: Kaiser Watch June 23, 2022: Arizona Silver Exploration Inc (AZS-V)
Jun 23, 2022Tracker: Arizona Silver results support conceptual bulk tonnage target
Apr 21, 2022Kaiser Watch - 0:09:19
Jan 27, 2022Kaiser Watch - 0:41:06
Jan 25, 2022Tracker: Spec Value Rating for Arizona Silver Corp
Apr 23, 2018Discovery Watch with HoweStreet.com - 0:00:00
Apr 23, 2018Bottom-Fish Comment: Arizona Silver shifts focus from Ramsey to Sycamore Canyon project
Jan 17, 2018SVH Tracker: Recommendation Strategy for Arizona Silver Exploration Corp
Nov 24, 2017Discovery Watch with HoweStreet.com - 0:10:52
Sep 22, 2017Discovery Watch with HoweStreet.com - 0:03:03
Sep 12, 2017SVH Tracker: Stark's tom tom has been confiscated but not his snare drum
Jul 10, 2017Discovery Watch with HoweStreet.com - 0:00:00
Jun 14, 2017SVH Tracker: Worst case scenario already factored into Arizona Silver price
Jun 2, 2017Discovery Watch with HoweStreet.com - 0:00:00
May 30, 2017SVH Tracker: Initial Arizona Silver holes at Ramsey disappoint
May 26, 2017Discovery Watch with HoweStreet.com - 0:17:41
May 19, 2017Discovery Watch with HoweStreet.com - 0:00:00
May 18, 2017SVH Tracker: Recommendation Strategy for Arizona Silver Exploration Inc
May 12, 2017Discovery Watch with HoweStreet.com - 0:04:17
Apr 21, 2017Discovery Watch with HoweStreet.com - 0:23:10

Company News Releases
Feb 23, 2024Correction of News Release Dated February 22, 2024
Feb 22, 2024Equity Financing
Dec 12, 2023Commences Metallurgical Column Leach Test Work on the Philadelphia Gold Silver Project, Arizona
Nov 22, 2023Release of Technical Report for Philadelphia Project
Nov 21, 2023Technical Report on the Philadelphia Gold Silver Project, Mohave County, Arizona
Sep 26, 2023Set to Drill Up to 40 Holes at Philadelphia Project in Arizona
Sep 26, 2023Exploration Update on the Philadelphia Gold Silver Project, Arizona
Sep 20, 2023Name Change
Sep 20, 2023Changes Name to Arizona Gold & Silver Inc.
Sep 19, 2023Results of AGSM

Brunswick Exploration Inc (BRW-V) RSWeb SiteTreeForumSEDARQuoteFREE
Issued
197,976,301
Price
$0.41
Working Capital
$9,723,506
Story Type
Discovery Exploration
Diluted
215,577,659
Insiders
25.4%
As of
9/30/2023
Key People
Killian Charles (CEO), Robert P. Wares (Chair), Anthony Glavac (CFO),
SV Rating: Fair Spec Value - Favorite - as of December 29, 2023
Company Related KRO Comments
Jan 26, 2024KW Excerpt: Kaiser Watch January 26, 2024: Brunswick Exploration Inc (BRW-V)
Jan 26, 2024Kaiser Watch - 0:12:23
Dec 6, 2023Kaiser Watch - 0:00:00
Dec 6, 2023KW Excerpt: Kaiser Watch December 6, 2023: Brunswick Exploration Inc (BRW-V)
Dec 1, 2023Kaiser Watch - 0:10:35
Dec 1, 2023KW Excerpt: Kaiser Watch December 1, 2023: Brunswick Exploration Inc (BRW-V)
Nov 17, 2023KW Excerpt: Kaiser Watch November 17, 2023: Brunswick Exploration Inc (BRW-V)
Nov 17, 2023Kaiser Watch - 0:00:00
Nov 3, 2023KW Excerpt: Kaiser Watch November 3, 2023: Brunswick Exploration Inc (BRW-V)
Nov 3, 2023Kaiser Watch - 0:07:05
Oct 27, 2023Kaiser Watch - 0:19:02
Oct 27, 2023KW Excerpt: Kaiser Watch October 27, 2023: Brunswick Exploration Inc (BRW-V)
Oct 6, 2023Kaiser Watch - 0:11:01
Oct 6, 2023KW Excerpt: Kaiser Watch October 6, 2023: Brunswick Exploration Inc (BRW-V)
Sep 8, 2023Kaiser Watch - 0:27:35
Sep 8, 2023KW Excerpt: Kaiser Watch September 8, 2023: Brunswick Exploration Inc (BRW-V)
Sep 1, 2023Kaiser Watch - 0:22:33
Sep 1, 2023KW Excerpt: Kaiser Watch September 1, 2023: Brunswick Exploration Inc (BRW-V)
Aug 22, 2023Kaiser Watch - 0:12:20
Aug 22, 2023KW Excerpt: Kaiser Watch August 22, 2023: Brunswick Exploration Inc (BRW-V)
Aug 11, 2023Kaiser Watch - 0:11:35
Aug 11, 2023KW Excerpt: Kaiser Watch August 11, 2023: Brunswick Exploration Inc (BRW-V)
Jul 28, 2023Kaiser Watch - 0:00:00
Jul 28, 2023KW Excerpt: Kaiser Watch July 28, 2023: Brunswick Exploration Inc (BRW-V)
Jul 21, 2023KW Excerpt: Kaiser Watch July 21, 2023: Brunswick Exploration Inc (BRW-V)
Jul 21, 2023Kaiser Watch - 0:19:53
Jul 14, 2023KW Excerpt: Kaiser Watch July 14, 2023: Brunswick Exploration Inc (BRW-V)
Jul 14, 2023Kaiser Watch - 0:25:56
Jun 23, 2023KW Excerpt: Kaiser Watch June 23, 2023: Brunswick Exploration Inc (BRW-V)
Jun 23, 2023Kaiser Watch - 0:00:00
Jun 16, 2023KW Excerpt: Kaiser Watch June 16, 2023: Brunswick Exploration Inc (BRW-V)
Jun 16, 2023Kaiser Watch - 0:17:02
Jun 9, 2023KW Excerpt: Kaiser Watch June 9, 2023: Brunswick Exploration Inc (BRW-V)
Jun 9, 2023Kaiser Watch - 0:00:00
May 24, 2023Kaiser Watch - 0:24:44
May 24, 2023KW Excerpt: Kaiser Watch May 24, 2023: Brunswick Exploration Inc (BRW-V)
May 12, 2023KW Excerpt: Kaiser Watch May 12, 2023: Brunswick Exploration Inc (BRW-V)
May 12, 2023Kaiser Watch - 0:00:00
May 5, 2023Kaiser Watch - 0:25:05
May 5, 2023KW Excerpt: Kaiser Watch May 5, 2023: Brunswick Exploration Inc (BRW-V)

Company News Releases
Feb 21, 2024Launches Maiden Drilling Campaign at Elrond
Feb 14, 2024Globex Work Progresses on Royalty Properties
Feb 2, 2024Grants Stock Options
Jan 22, 2024Starts Winter Drilling Campaign at Mirage
Jan 18, 2024Drills 1.80% Li2O Over 37.2 Meters in New Mineralized Dyke at Mirage
Dec 22, 2023Grants Stock Options
Dec 19, 2023Property Asset or Share Purchase Agreement
Dec 19, 2023Extends Strike Length of MR 4 High Grade Mineralization To 600 Meters at Mirage
Dec 4, 2023Intersects Significant Spodumene Mineralization in Dyke Swarm at Mirage
Nov 30, 2023BULLETIN V2023 0112; Private Placement Non Brokered

Colonial Coal International Corp (CAD-V) RSWeb SiteTreeForumSEDARQuoteFREE
Issued
178,477,751
Price
$2.20
Working Capital
$3,440,946
Story Type
Feasibility Demonstration
Diluted
193,998,051
Insiders
50.8%
As of
10/31/2023
Key People
David Austin (CEO), Andrea Yuan (CFO), John T. Perry (COO),
SV Rating: Fair Spec Value - Favorite - as of December 29, 2023
Company Related KRO Comments
Jan 6, 2023Kaiser Watch - 0:17:59
Jan 6, 2023KW Excerpt: Kaiser Watch January 6, 2023: Colonial Coal International Corp (CAD-V)
Sep 9, 2021Discovery Watch with HoweStreet.com - 0:15:23
Apr 25, 2019Discovery Watch with HoweStreet.com - 0:26:19
Apr 8, 2019Tracker: Spec Value Rating for Colonial Coal International Corp (CAD-V)

Company News Releases
Dec 14, 2023Results of AGM and Appointments
Feb 13, 2023Investor Relations Partnership With Adelaide Capital
Dec 23, 2022Provides Update
Dec 15, 2022Results of AGM and Appointments
Feb 7, 2022Issues Stock Options
Dec 14, 2021Results of AGM And Appointments
Dec 10, 2021New CFO And Corporate Secretary Appointment
Dec 22, 2020Shareholders approve all matters at AGM
Jun 22, 2020Unaware of any Material Chnage
Nov 26, 2019Results of a Preliminary Economic Assessment for an Open Pit Only Mine at its Huguenot Project

Hercules Silver Corp (BIG-V) RSWeb SiteTreeForumSEDARQuoteFREE
Issued
215,366,633
Price
$0.76
Working Capital
$1,974,372
Story Type
Discovery Exploration
Diluted
264,838,275
Insiders
6.1%
As of
9/30/2023
Key People
Christopher Paul (CEO), Luis C. da Silva (Chair), Peter Simeon (Chair), Raymond Harari (Pres), Keith Li (CFO), Christopher Longton (VP EX), Antoine Soucy-Fradette (VP EX),
SV Rating: Fair Spec Value - Favorite - as of January 4, 2024
Company Related KRO Comments
Nov 22, 2023Kaiser Watch - 0:00:00
Nov 22, 2023KW Excerpt: Kaiser Watch November 22, 2023: Hercules Silver Corp (BIG-V)

Company News Releases
Feb 28, 2024Broad Intervals of Silver Including 112.2 Meters of 193 g/t Ag, 0.2% Pb, 0.4% Zn at the Hercules Adit and Belmont Zones
Feb 12, 2024Additions to Geological Team
Jan 22, 2024Drills 100 Meters of 0.76% Cu, 113 ppm Mo, Within 461 Meters of 0.4% Cu, 74 ppm Mo
Jan 2, 2024Drills 161 Meters of 0.45% Cu, 148 ppm Mo, 4.4 g/t Ag, including 79 Meters of 0.53% Cu, 7.3 g/t Ag in 450 Meter Step Out
Nov 29, 2023Belgravia Hartford Provides Corporate Update
Nov 15, 2023Property Asset or Share Purchase Agreement
Nov 13, 2023Barrick Announces Additional Investment in Hercules Silver
Nov 8, 2023Private Placement Non Brokered
Nov 7, 2023Closing of Strategic Investment by Barrick Gold Corporation
Nov 6, 2023Barrick Gold Invests in Hercules Silver

Patriot Battery Metals Corp (PMET-T) RSWeb SiteTreeForumSEDARQuoteFREE
Issued
131,669,961
Price
$7.71
Working Capital
$90,084,000
Story Type
Discovery Exploration
Diluted
145,534,535
Insiders
0.4%
As of
12/31/2023
Key People
Ken Brinsden (Chair), D. Blair Way (Pres), Bradley Seward (VP CD), Darren L. Smith (VP EX), Kelly Pladson (Sec),
SV Rating: Fair Spec Value - Favorite - as of December 29, 2023: 92 Resources Corp has a Bottom-Fish Spec Value rating based on the strategic location of its Corvette "lithium" project within the apparent trend of the emerging Mythril copper discovery of Midland Exploration Inc. NTY, which has 87.8 million issued and 104.6 million fully diluted, of which declared insiders own less than 2%, and about $600,000 in flow-thru capital that must be spent in 2019, would not qualify for a Bottom-Fish or higher Spec Value rating if it were not located near ground zero in what appears to be shaping up as a Great Canadian Area Play, a resource junior market phenomenon which we have not seen since 2007-2008 when Noront ignited the McFauld's Lake region with its nickel discovery which failed to achieve world class scale. The James Bay region had a mini area play in 2004-2006 when Virginia Gold discovered the Eleonore gold deposit. This time around Quebec has formalized James Bay as part of Plan Nord, a government initiative to develop the northern two-thirds of the province. The James Bay Plan Nord Area Play does not yet have confirmation of a world class discovery, which could come in early May when Midland reports results from its initial 11 hole program at Mythril, though will more likely unfold during the 2019 summer as Midland gets 3 drill rigs turning and a better understanding emerges for this new copper system which has attracted the attention of BHP, the world's biggest copper producer which is not interested in anything with less than world class scale. The realization that NTY is positioned to become the third hottest junior after Midland and Azimut Exploration Inc during the emerging stage of the James Bay Plan Nord Area Play has lit a fire under a group that has suffered as the resource junior bear market trudges along in its eighth year. NTY listed by IPO in March 2010 with a Sedex play in British Columbia's Ketchika trough as a junior called Rio Grande Mining Corp, split its stock 1:2, acquired a Colombian project in 2011, underwent a management upheaval in 2012, rolled its stock back 7:1 in 2013, optioned the Zim Frac silica project in 2014, and succumbed to another 5:1 rollback and name change on June 10, 2014. 92 Under the new CEO Adrian Lamoureux and CFO Dusan Derka NTY became part of the Zimtu orphanage operated by Dave Hodge and changed its focus in 2016 to the lithium boom spawned by the electric vehicle mania created by Tesla. With the help of Jody Dahrouge, who remains one of the larger shareholders, NTY optioned several projects in the James Bay region of Quebec that either covered known pegmatites, the primary bedrock host for lithium, or were in proximity to advanced projects such as Nemaska and Galaxy's James Bay deposit. By 2018 the lithium boom had run its course as the South American brine operators secured expanded production quotas for their salars, the Australians developed new pegmatite based bedrock mines, the price of lithium carbonate dropped more than 50%, and the ice cream parlor started featuring vanadium as the new flavor of the month. So in 2018 NTY optioned the Silver Sands vanadium play next to the Pine Pass project in BC just in time for the area to come under provincial consideration as a protected area for caribou habitat. But NTY also decided to double down on the Corvette lithium project by doing a deal with Osisko Mining Inc that allows it to earn 75% of the FCI claim, an inlier within the Corvette claim package which covers about 75% of a pegmatite trend. With the vanadium pivot dead on arrival, and the Corvette claim's lithium expansion potential colliding with the end of the lithium boom and fallout from the unfolding Nemaska fiasco, NTY managed to squeak a year end $618,000 flow-thru financing at $0.05 which gives it enough money to work on the Corvette project in 2019. But in what amounts to serendipity, the Mythril copper discovery announced by Midland in October 2018 now appears to be part of a 40-60 km east-west trend that projects westward about 10 km onto Azimut's Pikwa property based on a just disclosed copper lake-sediment anomaly, and 20 km eastwards on Midland ground before Midland's staking collides with the pre-existing Corvette claims, which run for about 10 km before Midland's claims resume for another 15 km farther east. At this point it is not clear what geology is relevant, but it is important that BHP invested $5.85 million in Midland at a 36% premium based in part on its assessment that the Mythril "magmatic-hydrothermal" system does not readily match any deposit style in its catalog. NTY lacks a strong technical team, but does have on its advisory board Darren Smith, a Quebec based geologist who worked on the Eldor rare earth project and is part of Jody Dahrouge's consulting firm which is active in Quebec. Market interest in Quebec's lithium potential is likely down for the count, but these pegmatite systems sit within greenstone belts which have gold potential. NTY has several other such projects in the James Bay area that can benefit from a gold focus. But as of Q2 2019 NTY's Bottom-Fish Spec Value rating hinges entirely on the accidental location of the Corvette project within a trend controlled by Midland. To what extent 92 Resources Corp becomes a major James Play junior will depend on how quickly Midland's discovery gets acknowledged as world class with regional replication implications and how quickly NTY mobilizes its focus on the broader potential of the Corvette project. Unlike Midland and Azimut which have strong shareholder bases and corresponding poor liquidity, NTY has a weak structure screaming for a rollback whose liquidity will become a blessing for the market as the James Bay Plan Nord Area Play gains traction. (Apr 22, 2019)
Company Related KRO Comments
Jan 26, 2024Kaiser Watch - 0:12:23
Jan 26, 2024KW Excerpt: Kaiser Watch January 26, 2024: Patriot Battery Metals Corp (PMET-V)
Oct 27, 2023KW Excerpt: Kaiser Watch October 27, 2023: Patriot Battery Metals Corp (PMET-V)
Oct 27, 2023Kaiser Watch - 0:00:00
Sep 8, 2023KW Excerpt: Kaiser Watch September 8, 2023: Patriot Battery Metals Corp (PMET-V)
Sep 8, 2023Kaiser Watch - 0:17:50
Aug 2, 2023KW Excerpt: Kaiser Watch August 2, 2023: Patriot Battery Metals Corp (PMET-V)
Aug 2, 2023Kaiser Watch - 0:00:00
Jul 28, 2023Kaiser Watch - 0:00:00
Jul 28, 2023KW Excerpt: Kaiser Watch July 28, 2023: Patriot Battery Metals Corp (PMET-V)
Jul 14, 2023KW Excerpt: Kaiser Watch July 14, 2023: Patriot Battery Metals Corp (PMET-V)
Jul 14, 2023Kaiser Watch - 0:00:00
Jun 16, 2023Kaiser Watch - 0:00:00
Jun 16, 2023KW Excerpt: Kaiser Watch June 16, 2023: Patriot Battery Metals Corp (PMET-V)
May 24, 2023Kaiser Watch - 0:24:44
May 24, 2023KW Excerpt: Kaiser Watch May 24, 2023: Patriot Battery Metals Corp (PMET-V)
Mar 29, 2023KW Excerpt: Kaiser Watch March 29, 2023: Patriot Battery Metals Corp (PMET-V)
Mar 29, 2023Kaiser Watch - 0:13:47
Mar 17, 2023KW Excerpt: Kaiser Watch March 17, 2023: Patriot Battery Metals Corp (PMET-V)
Mar 17, 2023Kaiser Watch - 0:14:23
Feb 9, 2023KW Excerpt: Kaiser Watch February 9, 2023: Patriot Battery Metals Corp (PMET-V)
Feb 9, 2023Kaiser Watch - 0:00:00
Feb 3, 2023KW Excerpt: Kaiser Watch February 3, 2023: Patriot Battery Metals Corp (PMET-V)
Feb 3, 2023Kaiser Watch - 0:10:01
Jan 19, 2023Kaiser Watch - 0:06:54
Jan 19, 2023KW Excerpt: Kaiser Watch January 19, 2023: Patriot Battery Metals Corp (PMET-V)
Dec 30, 2022Kaiser Watch - 0:00:00
Dec 30, 2022KW Excerpt: Kaiser Watch December 30, 2022: Patriot Battery Metals Corp (PMET-V)
Sep 16, 2022Kaiser Watch - 0:00:00
Sep 16, 2022KW Excerpt: Kaiser Watch September 16, 2022: Patriot Battery Metals Corp (PMET-V)
Sep 2, 2022KW Excerpt: Kaiser Watch September 2, 2022: Patriot Battery Metals Corp (PMET-V)
Sep 2, 2022Kaiser Watch - 0:32:07
Aug 25, 2022Kaiser Watch - 0:09:27
Aug 25, 2022KW Excerpt: Kaiser Watch August 25, 2022: Patriot Battery Metals Corp (PMET-V)
Sep 10, 2019Discovery Watch with HoweStreet.com - 0:13:27
Apr 25, 2019Tracker: 92 Resources Corp creeps closer to Mythril copper zone
Apr 25, 2019Discovery Watch with HoweStreet.com - 0:10:41
Apr 22, 2019Tracker: Spec Value Rating for 92 Resources Corp (NTY-V)

Company News Releases
Feb 26, 2024Additional 2023 Drill Results at CV13 and Provides Infrastructure Development Update, Corvette, Quebec, Canada
Feb 6, 2024Patriot Extends Strike of the CV5 Pegmatite, Drills 34.2 m at 1.06% Li2O in Step Out Hole and 11.6 m at 3.25% Li2O in Infill Hole, Quebec, Canada
Jan 31, 2024Drills 26.1 m at 1.21% Li2O in Step Out Hole at the CV13 Pegmatite, Quebec, Canada
Jan 31, 2024Approved to Graduate to TSX on Thursday, February 1, 2024
Jan 30, 2024Bulletin 2024 0052; Original Listing TSX Venture Exchange Transfer
Jan 30, 2024BULLETIN V2024 0314; Graduation
Jan 24, 2024Board and Executive Update, Ken Brinsden to Transition to Quebec Based CEO / President
Jan 16, 2024Commences Quebec's Largest Lithium Drill Campaign at the Corvette Property
Dec 18, 2023(2/2) Drills 56.6 m at 1.37% Li2O in Step Out Hole and Completes Final Hole of 2023 Program at the CV5 Pegmatite, Quebec, Canada
Dec 18, 2023(1/2) Drills 56.6 m at 1.37% Li2O in Step Out Hole and Completes Final Hole of 2023 Program at the CV5 Pegmatite, Quebec, Canada

Solitario Resources Corp (SLR-T) RSWeb SiteTreeForumSEDARQuoteFREE
Issued
77,649,858
Price
$0.73
Working Capital
$4,952,000
Story Type
Feasibility Demonstration
Diluted
87,156,525
Insiders
12.6%
As of
9/30/2023
Key People
Christopher E. Herald (CEO), Brian Labadie (Chair), James R. Maronick (CFO), Walter H. Hunt (COO),
SV Rating: Fair Spec Value - Favorite - as of December 29, 2023: Solitario Zinc Corp was made a Fair Spec Value rated 2023 Favorite at $0.84 on Decxember 30, 2022 based on the potential of the relatively new Golden Crest project in South Dakota to turn into a major gold discovery, and the sleeper potential of the company's Florida Canyon and LIK zinc projects. The key missing piece is a plan of operations permit which would allow Solitario to begin drilling targets it has developed on the 13,500 ha Golden Crest project which the junior began assembling in early 2021. Environmental assessment work was initiated in February 2022 and approval is expected in Q2 of 2023 with drilling underway in H2 of 2023. Golden Crest covers an unexplored plateau to the west of the Black Hills where 93 million ounces have been identified within a 12,000 ha area. Of these 68.3 million ounces are attributable to the Precambrian basement hosted banded-iron-formation Homestake deposit, 8.2 million ounces to the Paleozoic sediment hosted Wharf Mine, and the rest in a variety of deposits including the Richmond Hill/Maitland land package assembled by Bob Quartermain's Dakota Gold Corp. Whereas the exploration activity in the Black Hills to the east involves rethinking the existing geology in the hope that past exploration overlooked significant gold zones, Solitario's work at Golden Crest to the west is old-fashioned grassroots exploration so far limited to geophysical surveys with surface prospecting and trenching. Golden Crest has seen limited exploration beyond a few old-timer prospect pits that didn't come up with much, and several scout holes drilled by Homestake in the 1990s which confirmed the presence of Homestake Formation within the Precambrian basement at a depth of 300-400 m but never attracted further attention from Homestake. The major also conducted a BLEG stream sediment sampling program in 1988-1993 which generated an anomaly bigger than anything identified in the Black Hills. But the area was covered by soil and trees, and whatever outcropped looked uninspiring. Although the Paleozoic carbonates at Golden Crest are younger than the older Paleoziocs whose Deadwood Formations are the gold-silver host rocks at the Wharf Mine, prospecting by Solitario has revealed zones of high grade gold mineralization with a silver kicker at surface in zones such as Downpour and more recently Geyser. The mineralization and alteration has a similar early Tertiary age as the Wharf system, which suggests that this more recent episode of hydrothermal activity had a footprint that extended well beyond the uplifted Black Hills area. Solitario has developed a model for three types of targets. The first is near surface gold mineralization associated with sub-vertical structures which may not have big tonnage implications. The second is the potential for Wharf style Deadwood Formation hosted mineralization where the fluids traveled sideways within these more porous and permeable rocks at a depth of 200-400 metres as they traveled up structures eventually leaking out near the current surface. The third target would be much older Homestake Formation gold mineralization which may have been the pantry from which the younger Tertiary fluid flow harvested its gold payload. A potential fourth target is within the upper 200 metre sequence which may have strata that no longer exist in the uplifted Wharf area but which may have been laterally receptive like the Upper Deadwood Formation. Solitario's drilling strategy would involve holes that penetrate at least 100 m into the Precambrian basement and test the entire package of overlying carbonates. Solitario is headed by Chris Herald and Walter Hunt who have been with the junior since the 1990s when it was spun out of Crown Resources Corp which discovered the Buckhorn gold deposit in Washington. Until recently its flagship has been the Florida Canyon zinc-lead-silver project in Peru where it has a 30% carried to production interest. The operator Nexa (formerly Votorantim) has undertaken a major permitting campaign to test targets beyond the Bongara deposit so that it knows what scale to build a future mine at. These permits might not be in place until 2024. Solitario also has a 50:50 JV with Teck on the LIK zinc deposit in Alaska not far from the Red Dog Mine whose 35% NPI in favor of the Nana Native Corp increases to 50% in 2032. The bet with LIK is that Teck may want to buy out Solitario and develop LIK as a royalty free project. Solitario will have USD $5.5 million working capital at the end of 2022. In addition to the TSX listing Solitario trades on the NYSE with the symbol XPL. That exposes this junior to being periodically hijacked by algo-traders as happened in late 2020. The junior has in place an "at the market" (ATM) facility that would allow it to sell up to USD $9 million of treasury stock into the market should Golden Crest results catch the market's imagination. With only 70.2 million shares fully diluted Solitario is primed for substantial upside if Golden Crest delivers a major gold discovery. (Jan 3, 2023)
Company Related KRO Comments
Dec 15, 2023KW Excerpt: Kaiser Watch December 15, 2023: Solitario Resources Corp (SLR-T)
Dec 15, 2023Kaiser Watch - 0:00:00
Oct 20, 2023Kaiser Watch - 0:12:01
Oct 20, 2023KW Excerpt: Kaiser Watch October 20, 2023: Solitario Resources Corp (SLR-T)
Aug 2, 2023Kaiser Watch - 0:12:53
Aug 2, 2023KW Excerpt: Kaiser Watch August 2, 2023: Solitario Zinc Corp (SLR-T)
May 12, 2023KW Excerpt: Kaiser Watch May 12, 2023: Solitario Zinc Corp (SLR-T)
May 12, 2023Kaiser Watch - 0:24:12
Jan 26, 2023KW Excerpt: Kaiser Watch January 26, 2023: Solitario Zinc Corp (SLR-T)
Jan 26, 2023Kaiser Watch - 0:23:35
Jan 6, 2023Kaiser Watch - 0:45:05
Jan 6, 2023KW Excerpt: Kaiser Watch January 6, 2023: Solitario Zinc Corp (SLR-T)
Dec 20, 2022Tracker: Speculative Value Rating for Solitario Zinc Corp
Jul 28, 2014Spec Value Hunter Comment: InZinc ready to track breakout in zinc
Feb 15, 2007Excerpt BFAR: Solitario Resources Corp
Jan 11, 2001Tracker 2001-02: Solitario - Top Priority Bottom-Fish for 2001
Apr 17, 2000Excerpt from Bottom-Fish Action week of April 3-14, 2000
Mar 6, 2000Excerpt from Bottom-Fish Action for week of Feb 14-25, 2000
Feb 26, 2000Excerpt from KBFR Jan-Feb 1999
Feb 7, 2000Excerpt from Bottom-Fish Action for week of Jan 24-Feb 4, 2000
Jan 19, 2000Excerpt from Bottom-Fish Action for week of Jan 10-14, 2000
Jan 10, 2000Excerpt from Bottom-Fish Action Weekly Review
Jan 5, 2000Report Jan-Feb 2000: Altoro Gold Corp - Top 20 RS BF for 2000
Nov 30, 1999Excerpt from Bottom-Fish Action for week of November 22-26, 1999
Nov 16, 1999Excerpt from Bottom-Fish Action for week of November 8-12, 1999
Oct 25, 1999Excerpt from Bottom-Fish Action for week of October 11 - 22, 1999

Company News Releases
Feb 27, 2024Discovers Major New Area with Multi Gram Gold; Wild Rose Zone Open in All Directions
Dec 12, 2023U.S. Forest Service Issues an Environmental Assessment and Draft Decision of No Significant Impact on Solitario's Proposed Golden Crest Drilling Program
Oct 16, 2023Completes US$4.75 Million Private Placement
Aug 2, 2023Newmont Increases Stake in Solitario to 9.95% With $2.5 Million Strategic Investment
Jul 24, 2023Updates Progress on Its Florida Canyon And Lik Zinc Projects With Drilling on Both Projects
Jul 18, 2023Bulletin 2023 0530; Name Change
Jun 21, 2023Voters Approve Name Change to Solitario Resources Corp at Annual Meeting Held June 20, 2023
May 11, 2023Golden Crest Draft Environmental Assessment Released by United States Forest Service
Feb 28, 2023Cuts 234 Meters of 0.82 GPT Gold and 27 Meters of 3.22 GPT Gold in Trenches at Spur and Zig Zag Gold Zones; Open in Multiple Directions
Jan 18, 2023Discovers Multi Gram Spur Gold Zone South of Geyser; Geyser Spur Gold Zones Open in All Directions

West Vault Mining Inc (WVM-V) RSWeb SiteTreeForumSEDARQuoteFREE
Issued
57,924,492
Price
$0.86
Working Capital
$4,672,840
Story Type
Feasibility Demonstration
Diluted
59,535,492
Insiders
63.4%
As of
9/30/2023
Key People
Sandy McVey (CEO), Peter F. Palmedo (Chair), Frank R. Hallam (CFO),
SV Rating: Good Spec Value - Favorite - as of December 29, 2023: West Vault Mining Inc is a 2023 KRO Favorite effective April 13, 2023 at $1.02 with a Good Speculative Value rating based on it positioning itself as a buyout target for a mid tier gold producer interested in developing the Hasbrouck project located just outside Tonopah in Nevada's Walker Lane. The target is a rapid repricing into the $1.50-$2.00 range to reflect fair speculative value, followed by leveraged tracking of higher real price gains (ie a 25% move by gold to $2,500 translates into a 600%-800% move to $7-$9 ahead of a buyout offer involving inflated but liquid paper from a mid tier producer). West Vault is headed by CEO Sandy McVey and Chairman Peter Palmedo whose Sun Valley Gold LLC owns 46% of the stock. Ruffer LLP and Eric Sprott own another 22%. The junior has about $4 million working capital which at the current overhead burn rate and no plans to do additional work at Hasbrouck would allow the company to operate for 4-5 years without any further equity dilution. The board includes highly experienced people like Stephen Quin and Pierre Lebel. The stated goal is to minimize dilution by spending only necessary overhead and foregoing additional feasibility related work or exploring those parts of the property with untested potential. This "gold vault strategy" is designed to maximize the upside when a major gold bull market based on a rising and sticky real gold price emerges and unleashes a scramble among mid-tier producers to expand their mining portfolio. Hasbrouck consists of three low sulphidation epithermal gold systems: Hasbrouck with a proven and probable reserve of 34,370,000 tons of 0.017 opt gold and 0.306 opt silver, Three Hills with a probable reserve of 9,653,000 tons of 0.018 opt gold, and Hill of Gold which has no resource. The reserves are based on oxidized mineralization. Hasbrouck was discovered in 1902 and underwent small scale mining until 1924. Hasbrouck and Three Hills underwent modern exploration from 1974 onward by various groups until 2002 when Newmont merged with Euro-Nevada. Newmont sold the project to Vista Gold in May 2003 which did no work and spun it out to Allied Nevada Gold Corp in 2007. Allied did some work in 2010-2012 and sold Hasbrouck to West Kirkland Mining in April 2014 which advanced the project through to a PFS in 2016 that included securing key permits from the BLM. The enduring bear market in gold took its toll and West Kirkland rolled back 10:1 on July 2, 2020, renaming itself West Vault Mining Inc to reflect a strategy of holding the project as a long term leveraged proxy for gold whose exit would be the acquisition by a producer. West Vault updated the PFS in January 2023 to adjust for recent cost inflation. Since 2014 West Vault has invested about CAD $48 million in Hasbrouck. The recent PFS outlines a two stage development plan, investing USD $66.2 million to mine Three Hills at 15,000 tpd over 2 years, and investing another $117 million in the second year to develop Hasbrouck for 17,500 tpd mining over the subsequent 6 years for an 8 year mine life. Initial, growth and sustaining CapEx total $222 million. OpEx would be USD $10.36 per ton including $4.02 mining per ton ore and $4.67 processing per ton. The operation would involve open pit mining with a 1.1:1 strip rate and cyanide heap leaching with life of mine recoveries of 74.6% for gold and 18.3% for silver. The combined reserve of 44,023,000 tons at 0.017 opt gold (0.58 g per tonne) and 0.239 opt silver would yield 561,000 oz gold and 1,918,000 oz silver. At the base case prices of $1,790/oz gold and $22.50/oz silver the PFS yields an after tax IRR of 51% and NPV of USD $206.2 million at 5% and $149 million at 10% discount rates. At 60.2 million shares fully diluted and a USD:CAD exchange rate of 0.74 this translates into CAD $4.63 per share and $3.34 per share. Under the rational speculation model which assigns a 50% to 75% certainty for the projected outcome the fair speculative value range is $1.67-$2.51 using a 10% discount rate and $2.32-$3.47 using a 5% discount rate. In other words, the stock should be trading in a range of $1.67-$3.47 depending on the market bias from conservative pessimism to aggressive optimism. The stock price at $1.02 thus represents Good Speculative Value offering price appreciation potential of 66% to 242% to position it within the Fair Speculative Value range. (Apr 13, 2023)
Company Related KRO Comments
Jul 6, 2023Kaiser Watch - 0:00:00
Jul 6, 2023KW Excerpt: Kaiser Watch July 6, 2023: West Vault Mining Inc (WVM-V)
Jun 2, 2023Kaiser Watch - 0:05:02
Jun 2, 2023KW Excerpt: Kaiser Watch June 2, 2023: West Vault Mining Inc (WVM-V)
May 24, 2023Kaiser Watch - 0:00:00
May 24, 2023KW Excerpt: Kaiser Watch May 24, 2023: West Vault Mining Inc (WVM-V)
Apr 14, 2023Kaiser Watch - 0:12:19
Apr 14, 2023KW Excerpt: Kaiser Watch April 14, 2023: West Vault Mining Inc (WVM-V)
Apr 13, 2023Tracker: Speculative Value Rating for West Vault Mining Inc

Company News Releases
Oct 12, 2023Granted 1% Royalty on Prospective Property Adjacent to Hasbrouck, Nevada
Jul 6, 2023Hosts Analysts, Investors, Journalists at Hasbrouck Gold Project, Nevada
Jun 23, 2023Positive Results of Annual Meeting of Shareholders
Apr 26, 2023Coverage Initiation on Hasbrouck Gold Project by Kaiser Research
Apr 9, 2023Renewal of Normal Course Issuer Bid
Apr 4, 2023Normal Course Issuer Bid
Apr 4, 2023Normal Course Issuer Bid
Mar 8, 2023Mining Files on Sedar a Hasbrouck Gold Project Pre Feasibility Study - - - -
Feb 21, 2023Provides an Update on Its ESG Initiative in Nevada the Arid Land Research Fund
Jan 23, 202351% IRR Pre Feasibility Study Update for Hasbrouck Gold Project

Winsome Resources Ltd (WR1-ASX) RSWeb SiteTreeForumSEDARQuoteFREE
Issued
185,100,000
Price
$0.77
Working Capital
$33,607,507
Story Type
Discovery Exploration
Diluted
208,800,000
Insiders
24.8%
As of
6/30/2023
Key People
Christopher Evans (MD), Sephen Biggins (Chair), Justin Boylson (Chair), Carl Caumartin (VP EX), Peter Youd (Sec),
SV Rating: Fair Spec Value - Favorite - as of December 29, 2023
Company Related KRO Comments
Jan 26, 2024Kaiser Watch - 0:12:23
Jan 26, 2024KW Excerpt: Kaiser Watch January 26, 2024: Winsome Resources Ltd (WR1-ASX)
Dec 15, 2023Kaiser Watch - 0:14:03
Dec 15, 2023KW Excerpt: Kaiser Watch December 15, 2023: Winsome Resources Ltd (WR1-ASX)
Sep 20, 2023Kaiser Watch - 0:08:29
Sep 20, 2023KW Excerpt: Kaiser Watch September 20, 2023: Winsome Resources Ltd (WR1-ASX)
Feb 9, 2023Kaiser Watch - 0:09:52
Feb 9, 2023KW Excerpt: Kaiser Watch February 9, 2023: Winsome Resources Ltd (WR1-ASX)

Company News Releases
Feb 22, 2024Response to ASX Query
Feb 20, 2024Exceptional Metallurgical Test work Results from Adina
Feb 6, 2024High Grade Drilling Results at Adina Project
Jan 29, 2024Quarterly Activities/Appendix 5B Cash Flow Report
Jan 24, 2024Change of Director's Interest Notice
Jan 17, 2024High grade infill drilling results at Adina Lithium Project
Jan 15, 2024Change of Director's Interest Notice
Jan 15, 2024Change of Director's Interest Notice
Jan 15, 2024Application for quotation of securities - WR1
Jan 15, 2024Cleansing Statement

 
 

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