Fraser Mackenzie Initiates Coverage on Taku Gold Corp (TSX.V - TAK) - Video Summary Posted on InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, March 24, 2011 - Fraser Mackenzie has initiated
coverage on Taku Gold Corp (TSX.V - TAK), giving the company a speculative buy
recommendation.
InvestmentPitch.com, a multimedia company offering a combined solution for
creating, hosting and distributing financial video content for public companies,
has posted a "video news alert" based on this research report. If this link is
not enabled, please visit www.investmentpitch.com and enter "Taku Gold" in the
search box.
Taku Gold is a gold exploration company with multiple prospects in the White
Gold District, Yukon and in northern British Columbia. Of note, is the size of
its significant land positions in the White Gold District; having one of the
largest land holdings of all explorers in the region, that consists of nine
different properties covering 59,671 hectares. Most of the properties are north
of Kinross' JP Ross prospect. Flagship properties include Portland and Rosebute.
The company is primarily in the early stages of exploration on its Yukon plays.
So far it has conducted geophysical surveys, geochemical analysis and limited
drilling on some properties. Its TAG Gold-Silver project in northern British
Columbia also shows potential for a bulk tonnage open pit mine.
Fraser Mackenzie gives several reasons for recommending Taku Gold, including the
significant land holdings in the district, the fact that at least two of Taku's
properties are either contiguous to or on-trend with Kinross' JP Ross property,
the discovery of three distinct anomalies on the Rosebute property, and the
strong balance sheet and capital structure.
For more information or a copy of the research report, please visit their
website at www.takugold.com or contact the company at 604-642-0115 or email
investors(at)takugold.com.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan(at)investmentpitch.com
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Source: InvestmentPitch via Thomson Reuters ONE
[HUG#1499975]
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Datum: 25.03.2011 - 00:33 Uhr
Sprache: Deutsch
News-ID 52783
Anzahl Zeichen: 2669
contact information:
Kategorie:
Business News
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