In a recent interview with Streetwise Reports Carlos Andres, publisher of the Frontier Research Report, commented on Crocodile Gold Corp.. Andres seeks out stocks that have been unfairly pummeled, offering extra upside for investors. In this exclusive interview with The Gold Report, Andres identifies some top picks trading at insanely low prices that belie their quality management and mining projects.
Carlos Andres is the managing editor and chief analyst of the Frontier Research Report, a natural resource–oriented monthly investment newsletter focused on high-risk, high-reward junior exploration companies in emerging and frontier markets. Mr. Andres applies a potent mix of world-class expertise and lengthy experience in identifying countries and companies where "perceived" risk is much higher than "actual" risk, providing opportunities to profit significantly on the difference. Mr. Andres has been a natural resource analyst and investor for over 15 years.
We thought you'd be interested in reading Carlos Andres' comments on Crocodile Gold Corp. Scroll Down to see these comments.
Carlos Andres' Comments:
"One of the cheapest companies in our portfolio at the moment is Crocodile Gold Corp. in Australia, which has an extensive inventory of gold and other mineral deposits. It is a producing gold miner with over 5 Moz. of resources, but. . .is being valued as though it's an early-stage, high-risk junior explorer. It is unbelievable how cheap it is. This is another Stan Bharti and Forbes & Manhattan project. Peter Tagliamonte from Sulliden is also actively involved in exploration and mine development at the board level. The value of the company on an enterprise value per ounce basis as a percentage of the actual gold price is somewhere in the neighborhood of 1.5%. It is just incredibly cheap for a company that is producing gold and has 5 Moz. in the ground. In addition, it recently hired the former CEO of DeBeers Canada to oversee the strategic development of what amounts to a gold district around Darwin in northern Australia...Its low valuation is just an anomaly and in our estimation investors would be well advised to take advantage." View Article
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Crocodile Gold Corp
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PRODUCER |
CODE : CRK.TO |
ISIN : CA2270411002 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Crocodile Gold is a gold producing company based in Canada. Crocodile Gold produces gold, copper, lead, silver and zinc in Australia, develops gold in Australia. Its main assets in production are BROCKS CREEK, UNION REEFS MILL, HOWLEY and TOM'S GULLY in Australia, its main asset in development is MAUD CREEK in Australia and its main exploration properties are MARIO PERU in Peru and COSMO, BURNSIDE and THUNDERBALL in Australia. Crocodile Gold is listed in Canada. Its market capitalisation is CA$ 532.9 millions as of today (US$ 515.1 millions, € 419.8 millions). Its stock quote reached its lowest recent point on December 24, 2008 at CA$ 0.02, and its highest recent level on January 15, 2010 at CA$ 2.40. Crocodile Gold has 475 820 000 shares outstanding. |