Expert Analysis

Catherine Gignac, Northland Capital Partners (6/17/11) "Detour Gold is advancing to full-scale construction of its $1.2B open-pit mine in northeast Ontario. The company’s share price decline of 14% since the beginning of June 2011 has been partly driven by its recent removal from the Van Eck junior gold ETF, which we believe provides investors with a good entry point ahead of a potential producer-status revaluation. . . Investors should anticipate further reserve and resource increases, as well as optimization studies to extend the mine life and increase annual output."