what the experts think... Taylor MacDonald (1/6/12) "Cream Minerals Ltd. has great infrastructure and a really good management team. This project has a 54 Moz Ag eq resource. The average grades are around 250 g/t silver and 1.7 g/t gold. We expect a new resource estimate this quarter at about twice the current resource and the company has just completed a 20,000m drill program. It has very strong institutional shareholders in Sprott and Pinetree.
We got involved because this is one of the cheapest advanced exploration silver stories out there. It is trading at roughly
.60/oz Ag eq in the ground versus about $1.50/oz for its peer group, and this is before the resource upgrade. . .if you look at it on a dollars-per-ounce basis, it is extremely attractive." More >
Matthew Zylstra, Northern Securities (12/21/11) "We believe that Cream Minerals Ltd. offers the opportunity to invest in a silver exploration story currently under the radar of most investors. The market valuation does not reflect the value of the existing resource at Nuevo Milenio, where we expect a significant portion to be upgraded to Indicated from 2011 drilling and an additional ~30% added; in addition, the market assigns no value to significant resource potential in high-probability targets and blue-sky potential in zones that we anticipate will be drilled in 2012 and beyond."
Mike Bandrowski, Clarus Securities (11/14/11) "Cream Minerals Ltd. offers investors significant upside. . .our site visit highlighted the potential to build ounces from new discoveries on the Nuevo Milenio property. We note that multiple high-grade veins discovered so far hold the potential to support high-margin business in any silver price environment while Once Bocas provides open-pit potential that could substantially drive down overall mining costs. . .with many untested highly prospective targets and several deposits that remain open in many directions, we expect Cream will continue to expand its resource base and continue to make new discoveries going forward."
Matthew Zylstra, Northern Securities (11/10/11) "We believe Cream Minerals Ltd. has significant resource growth potential and compelling valuation. . .the 55 Moz Inferred Ag eq resource has room to grow substantially. The mineralized zones remain underexplored. . .with 2011 drilling we estimate the resource could jump 50% to 100%."