Looking for good long term investments in gold there are some very good very knowledgeable, experienced and insightful analyst out there and Dale Mah is one of them. Any investor in gold would do well to include this in their potential investment inquiries.
Repost from The Gold report
From the Yukon to Colombia, with stops in Nevada and Mexico, Dale Mah, an equity research analyst with Mackie Research, covers the map looking for exciting exploration plays. Mah, a trained geologist with 14 years of experience, shares his calculations and insights into how early-stage exploration plays can be safe and satisfying in this exclusive Gold Report interview.
The Gold Report: Your recent description of Atacama Pacific Gold Corp. (ATM:TSX.V) paints a picture of what every major producer is seeking: a large oxide resource with simple metallurgy in a mining-friendly jurisdiction with other operating mines. Are brokerages taking a pass on covering vein-hosted gold deposits in favor of lower-grade bulk-tonnage gold projects?
Dale Mah: Analysts have their own criteria for what's worthy of coverage and there are many variables for evaluating a project. The major difference between bulk-tonnage, low-grade versus low-tonnage, high-grade projects is that the former are generally cheaper to exploit, easier to build a resource and, in some cases, easier to market.
Atacama Pacific has a 3.6 million ounce (Moz.) resource. In our model, a 44,000-tons-per-day (tpd) operation could produce more than 200,000 oz. of gold for 14 years. Those numbers make it easier to finance or to find a partner, because you know it has long-term potential.
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See Dale's List of Gold companies here