Pay close attention to nos 5, 3 & 2:

http://www.infobarrel.com/Top_5_Best_Gold_Stocks_for_2013#zejGdjDQZm3kyDs5.99

 

#5 - Brigus Gold

Brigus Gold (Quote: BRD) currently sits at just .95 cents a share, with market cap of about $220 million. With a current P/E of just 11, analysts project earnings of .19 cents per share in 2013. This would give Brigus a current Forward P/E of just 5! Either this gold mining stock stays ridiculously undervalued, or the share price starts to move up.

The company expects to produce 85 - 100 K ounces of gold from its Black Fox operation in 2013, at cash costs of about $700 an ounce. If they can deliver with higher production and lower costs of production, I think the company will see a boost in its share price.

My price target for 2013 is $2 a share, potentially providing a nice double for 2013. If the price of gold goes higher than $2,000, I think this company can go even higher with it.

----------------------------------------------------------------------------re $2,000 POG ------

http://www.321gold.com/editorials/thomson_s/thomson_s_122512.html

 

Thus the macro and micro picture could be getting set-up for a rewarding 2013.

 

Cheers

Stanley

 

Kwel2: Some of my recent achronyms.....also Google achronyms in Mining ......

SRP = Shareholder Rights Plan

BFS/FFS = Bankable/Full Feasibility Study

 

EIA = Environmental Impact Assessment

 

C of A -  Certificate of Approval to Operate a Mining Facility

 

OP = Open Pit

 

UG = underground

 

gps= grams per tonne

 

PPV = Peak Particle Velocity