Report
Brian Tang ...
  • Sid Rajeev
EUR 46.71 For Business Accounts Only

Larger Miners Likely to Pursue Share-Based M&A Deals

Larger Miners Likely to Pursue Share-Based M&A Deals
Underlyings
Barrick Gold Corporation

Barrick Gold is engaged in the production and sale of gold, as well as related activities such as exploration and mine development. Co. also produces copper and hold interests in oil and gas properties located in Canada. Co.'s mining operations are concentrated in three regional business units: North America, South America and Australia Pacific. Co. also hold a 73.9% equity interest in African Barrick Gold plc that owns gold mines and exploration properties in Africa. Co.'s copper business unit contains producing copper mines located in Chile and Zambia; and a mine under construction located in Saudi Arabia.

Fortune Minerals Ltd.

Grown Rogue International

Novicius is engaged in the development, acquisition and production of oil and gas interests located in Alberta, Canada and TX, the United States. Co.'s operations consist of a 0.5% NCOR in a natural gas well located in Haynes, Alberta, Canada, a 5.1975% working interest in a natural gas unit located in Alberta, Canada and 85% working interest before payout (69% working interest after payout) in Matthews lease comprising 2,629 gross acres of land in Zavala County, TX. Co. also has a 0.3% net selter return royalty on 8 patented mining claims located in Red Lake, Ontario, Canada.

Kootenay Silver Inc.

Laurion Mineral Exploration

Laurion Mineral Exploration is engaged in the acquisition, exploration, evaluation and development of base metals, platinum group elements and gold properties in Canada and Churchill County, Nevada, United States. Co. is in the process of exploring its mineral properties and has not yet determined whether these properties contain ore reserves that are economically recoverable.

Supreme Cannabis Company

Supreme Cannabis is dedicated to securing multiple producing medical marijuana facilities in Canada and applying for several MMPR commercial production licences.

Thor Explorations Limited

Provider
Fundamental Research
Fundamental Research

Since 2003, Fundamental Research Corp has provided the highest institutional quality equity research coverage on over 250 small and micro cap public companies through our extensive distribution network. Since 2009, we have also issued over 80 reports on exempt market (private) securities. Our research is being used by some of the largest institutional investors in the world who access it through channels such as Reuters, Capital IQ, the Globe and Mail, and by subscription. Our goal from the beginning was to provide high quality research to a broad audience, while adhering to high ethical standards and a strong foundation of integrity. These principles are evident in everything we do.

Our firm was created when we noticed that all equity research is paid for in one way or another, traditionally through corporate finance relationships. In 2003, it came to light that many investors were not aware that the research they were reading had potential conflicts between research and corporate finance. This led to large fines being levied on some large U.S. investment banks.

However, on the debt side, research relied upon by investors, and produced by firms such as Moodys is paid for, directly by the issuer to the research provider. The model is also used by auditors who are paid to provide an independent opinion to investors.

That brings us to today. To ensure high quality, continuous, and thorough research coverage, we employ full time in house analysts and industry specialists (such as a geologist). Because our analysts are in house, they are readily available to respond to investor inquiries, calls from institutions, and speak to management. We have invested in institutional platforms, such as Reuters Knowledge and Capital IQ, so that our analysts have access to the same high caliber information as the largest money managers in the world.

To ensure ethical behavior throughout our firm, we have, and continue to adopt CFA Institute Standards.

Our analysts are sought after by the media and at conferences to give their opinion on the markets, current topics of interest such as the direction of commodity prices, and top stock picks.

In the end, we are first and foremost a premier research firm that markets its research. A truly solid research firm is one that has full time analysts, access to the same information as large institutional investors, is ranked and adopts ethical and professional standards. The hard work we have done to establish our research is paying off. We have ranked in the Top Ten in independent third party evaluations of our research, and have developed a reputation for producing high quality research.


Analysts
Brian Tang

Sid Rajeev

Other Reports on these Companies
Other Reports from Fundamental Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch