Pilot Point Partners Research
Pilot Point Partners LLC is an independent research firm focused on junior mining companies. Our research is driven by top down/bottom up due diligence process. Stock selection is based primarily on our proprietary “North American Gold & Silver Explorers” Model. The Model compares 24 junior exploration companies on a complex matrix designed to track asset growth, finding costs and resource development. It is indexed to the Amex Gold Miner’s Index (GDX) and the Russell 3000 for performance. The Model provides our institutional and corporate clients with valuable information about the companies on a “level playing field”. It provides a solid basis for buy/sell decisions and timely site visits. For more information, visit our website at http://pilotpointpartners.net/.
In March, Paramount closed a C$9MM financing that will breathe new life into their exploration program in the Sierra Madres.
Our proprietary model tracks production and exploration development at 24 junior companies currently operating in Mexico. You can view the presentation here The full report is provided only to our institutional and corporate clients.
The market is adjusting to a new credit environment. Junior mining stocks are being re-evaluated and their projects are being valued according to theit development potential.
Silver Eagle was just putting the finishing touches on their expanded mill when we visited in August. The mine has been developed to 5 levels and ore is being stockpiled. The mill has now been commissioned and production from Miguel Auza is eminent.
We visited Geologix's flagship project on our August Durango Tour. San Agustin is developing into another very large poly-metallic deposit in Mexico.
Nayarit Gold was featured on our April 2008 Tour. Their Orion Project is proving to be a very exciting discovery. We met with senior management and their entire exploration team.
Yale's Urique project was featured on our December Chihuahua Tour. We also met Yale's President, Ian Foreman, who gave us an excellent overview of their other projects
We visited two projects currently being developed by Mexoro Minerals. The Cieneguita Mine and the Guazapares property are located between Paramount Gold & Silver’s San Miguel Project and Coeur d’Alene’s Palmarejo development.
Our December 2007 Analyst’s expedition included a tour of two of West Timmins’ properties. We visited their flagship project in Mexico, Montana de Oro and their newest acquisition, Lluvia de Oro.
Our December 2007 Analyst’s expedition included a tour of two of West Timmins’ properties. We visited their flagship project in Mexico, Montana de Oro and their newest acquisition, Lluvia de Oro. Our hosts were President/CEO Darin Wagner and Dr. Peter Megaw. We were able to observe first-hand Darin’s passion for his projects and learn more about his unique relationship with Peter’s company, Mineral Cascabel.
Dia Bras is an aggressive exploration company with current mining operations that are producing significant cash flow. The Company’s current operations are all located in the State of Chihuahua, Mexico. They include the Bolivar Mine, the Cusi Silver District and the Malposa Mill. Dia Bras currently has over 400 employees in Mexico.
Our December 2007 Analyst’s expedition included a tour of two of West Timmins’ properties. We visited their flagship project in Mexico, Montana de Oro and their newest acquisition, Lluvia de Oro. Our hosts were President/CEO Darin Wagner and Dr. Peter Megaw. At Montana we walked the creek beds and inspected the incredible geology. At Lluvia we hiked up the canyon to the richest grade gold mine in Mexican mining history. We were able to observe first-hand Darin’s passion for his projects and learn more about his unique relationship with Peter’s company, Mineral Cascabel.
Dia Bras has two operating mines in Chihuahua and we visited them on our December Tour. We also inspected their 1200 TPD mill at Malposa where the ore from Bolivar was produce copper and zinc concentrate. The entire management team attended the tour including new President & CEO Daniel Tellechea and VP of Exploration Francois Auclair. See Full Report.
MEXORO MINERALS LTD
In December 2007 we visited two projects currently being developed by Mexoro Minerals. The Cieneguita Mine is being reopened by the Company in 2008. We were able to inspect the construction progress and their drill plan to increase the currently defined resource on the property. We also visited their Guazapares Project. These concessions are located between Paramount Gold & Silver’s San Miguel Project and Coeur d’Alene’s Palmarejo development. See Full Report
