Available Valuations

RatingCodeNamePriceValuePotentialResourceSummary
ABUABM Resources$0.053$0.09070%GoldNorthern Territory - Good prospectivity.
AKIAfrican Iron$0.560$0.6058%IronNew company, aquired the Mayoko Iron Ore Project in the Republic of Congo
AMXAmpella$1.305$4.009207%GoldWest Africa - Burkina Faso based explorer.
AARAnglo Australian$0.010$0.023130%CopperNew anomaly Leonora
AQQAphrodite$0.054$1.0501,845%GoldAphrodite project Kalgoorlie 1 mOz
AKMAspire$0.370$0.59060%CoalMongolian Coking Coal
AUKAuger$0.100$0.071-29%GoldJava Copper Gold
AQDAusquest$0.086$0.086-0%GoldWest Africa - Burkina Faso
AVBAvanco$0.115$0.027-76%CopperBrazil South America spotty high grades at Rio Verde
AVAAviva$0.120$0.21479%GoldWest Kenya exploration - Shallow Bonanza grades
AZHAzimuth$0.910$0.752-17%GoldGuyana South America shallow high grades 14m thickness
AZMAzumah$0.340$1.018200%GoldWest Africa - Ghana. Good opportunity
BAUBauxite Res$0.135$0.296119%AluminaNumber of Alumina ventures in the North Darling Range
BDRBeadell$0.755$0.98430%GoldTucano Gold Project in Brazil 4.3 mOz
BLRBlack Range$0.030$0.03931%UraniumLarge US Uranium Deposit
BNRBulletin$0.125$0.426241%GoldVery small explorer - new listing
BUXBuxton$0.160$1.187642%IronMagnetite near Kalgoorlie
CAYCanyon$0.590$0.71822%GoldBurkina Faso Gold Explorer small number shares on issue
CFECape Lambert$0.525$0.5444%IronValue adds and resells projects - Hard to value
CRBCarbine$0.150$0.439193%GoldBurkina Faso. Shallow thick intersections starting to look interesting
CVYCoventry$0.145$0.512253%GoldMain interest is the Canadian Cameron Gold deposit
CRECrescent$0.056$0.269380%GoldProducer Explorer with cash flow and financial issues. Cheap for a reason.
DRMDoray$1.330$0.874-34%GoldSmall discover Meekatharra Western Australia
DRADragon$1.120$1.43928%GoldFinland Kuusamo Gold Project
DLEDragon Energy$0.100$0.301201%IronRocklea Iron Ore
EYEEagle Eye$0.040$0.7281,719%GoldInteresting. Reverse takeover happening High Risk but worth watching
FELFE Limited$0.056$0.9821,653%IronMain interest Mt Ida and Mt Elvire Banded Iron in the Yilgarn - No Cash
FMLFocus Minerals$0.052$0.109110%GoldSomething brewing at their Treasure Island tenement. Heavily diluted
FNTFrontier$0.090$1.5551,628%GoldHave an interesting potentially large Copper Gold discovery in PNG. Worth a look.
GBGGindalbie$0.660$0.77718%IronMagnetite Karara - Moving into production
GOAGold Anomaly$0.018$0.111515%GoldMain interest is the PNG Crater Mountain deposit.
GORGold Road$0.405$0.50224%GoldHuge Tenements, High Grade Discoveries, High Production Probability. Highly Prospective.
GCRGolden Cross$0.011$0.062466%CopperNSW Copper Gold deposit. On reserves only undervalued - but grades low. Very diluted.
GMRGolden Rim$0.230$0.40978%GoldNewcomer into West Africa - expanding rapidly.
GRYGryphon$1.190$1.70944%GoldWest African Gold Explorer 2mOz Good Prospectivty
IGRIntegra$0.580$0.402-31%GoldGold producer explorer - reporting record production Q2 2011
IVRInvestigator$0.295$0.119-60%SilverSouth Australian based silver explorer
IOHIron Ore Holdings$1.670$3.14388%IronIron Ore Junior - In pre feasibility stage
JMSJupiter$0.230$0.166-28%IronMagnetite and African manganese - heavily diluted
KDRKidman$0.240$0.2421%CopperNew Listing - initial drilling 10m at 4% Copper. Area of mineralisation hard to nail.
LCYLegacy$0.150$0.390160%IronMt Bevan Magnetite Deposit
MAUMagnetic Res$0.100$0.1033%IronMagnetite Explorer
MNMMantle Mining$0.155$0.587279%CoalBillion tones of coal targetted - market seems not to like. Dont know why.
MOYMillenium$0.022$0.104373%GoldSmall Explorer making move to production
MGVMusgrave$0.098$0.250155%NickelNew company Huge - 5% of the state - under explored tenements in South Australia.
MYGMutiny$0.072$0.209191%GoldInteresting Explorer keeps popping up on my radar
NMRNimrodel$0.046$0.06745%CoalCollection of African Coal Interests
NGFNorton$0.200$1.093447%GoldProducer with a large portolio of resources. Carrying debt
PEKPeak Resources$0.485$1.995311%REOInteresting rare earths deposit in Tanzania
PEXPeel$0.140$0.593324%GoldSmall Leonora Western Australia Explorer
PRUPerseus$2.940$2.278-23%GoldWest African Explorer Producer - Ramping Up - Highly Priced
PXGPhoenix$0.245$1.057331%GoldNew Company
POSPoseidon$0.185$0.168-9%NickelNickel With Andrew Forrest Tie In
PWNPotash West$0.290$2.847882%PotashNew listing - potentially huge - but very early days
RMSRamelius$1.075$2.05591%GoldProducer Explorer
RDSRedstone$0.250$0.040-84%CopperSmall copper discovery - large tenements - analysis needs work
RDRReed$0.315$1.482371%GoldMeekatharra mine
RRLRegis$4.240$2.342-45%GoldProducer Explorer with new mine coming on line 2012
SFXSheffield$0.360$0.187-48%IronNew Company
SIHSihayo$0.155$0.23451%GoldIndonesian based Pungkut project
SLRSilver Lake$3.620$2.286-37%GoldInteresting Western Australian based gold producer explorer
SVLSilver Mines$0.120$0.403236%SilverWebbs silver project
STBSouth Boulder$1.155$4.820317%PotashEritrea half billion tonnes potash
SXGSouthern Cross$0.072$0.311331%GoldNumerous smaller deposits with active production planning
SMDSyndicated$0.092$0.271194%CopperLarge copper discovery near Mt Isa that has come off the back burner.
TAMTanami$0.775$1.39880%GoldTanami desert based producer explorer
TUCTerritory Uranium$0.210$0.156-26%REONorthern territory rare earths play - valuation speculative
TRHTransit$0.830$3.261293%PotashUtah USA Potash
VRXVentor$0.680$0.676-1%CopperGreen Dragon project near Sandfires Degrussa
VORVoyager$0.071$0.062-12%CopperMongolian based copper gold explorer
WAFWest African Res$0.355$0.351-1%GoldShallow High Grades at Boulsa Burkina Faso
As context; this site consists of my personal notes and valuations that became too much for a spreadsheet and really needed a database. As such the opinions on this web site are entirely my own and are not a recommendation to buy or sell any of the securities mentioned.

The valuations are based on an Enterprise Value method which does not take into account market conditions, management expertise, mining technologies or other intangibles that may affect the actual value of a company. In simple terms I am assigning what I consider a conservative per unit resource value to published resource data in order to determine if a given company offers value with respect to industry peers.

Do your own research and make your own decisions because I accept no responsibility for your screw ups.
On the other hand you can rest assured that I won't be invoicing you for your successes either. - Brenton Thomas