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Message: The AU Report - San Gold

The AU Report - San Gold

posted on Dec 09, 2009 08:22PM

http://www.theaureport.com/pub/na/3384

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GR: So if we want to look at companies with sound balance sheets in the group, which companies fall into those categories from your analysis—small caps, mid caps and big caps?

CO: The large caps—companies like Goldcorp (TSX:G) (NYSE:GG), Barrick Gold Corp. (NYSE:ABX), Newmont Mining Corp. (NYSE:NEM), AngloGold Ashanti (NYSE:AU, JSE:ANG, ASX:AGG, LSE:AGD), Gold Fields Ltd. (NYSE:GFI)(JSE:GFI), Randgold Resources Ltd. (NASDAQ:GOLD)‎, Kinross Gold Corp. (K.TO; NYSE:KGC)‎, IAMGOLD (TSX:IMG). Silver Wheaton Corp. (NYSE:SLW, TSX:SLW)‎—Silver Wheaton is actually on the verge of becoming a large cap; it probably is a large cap now.

JH: Red Back Mining Inc. (TSX-V:RBI) is probably considered a large cap now too.

CO: Among the mid-cap names, I think of companies such as Osisko Mining Corporation (TSX:OSK), Wesdome Gold Mines Ltd. (TSX:WDO) and San Gold Corporation (TSX-V:SGR).

JH: Also Lake Shore Gold Corp. (TSX:LSG) and Aurizon Mines Ltd. (NYSE/AMEX:AZK; TSX:ARZ) . And Romarco Minerals (TSX.V:R) have strong balance sheets.

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