YALE RESOURCES LTD V.YLL

Roulston says "buy"

[RGS1]

Roulston says why to buy Yale Resources

 

Yale Resources Ltd (C:YLL)
Shares Issued 80,841,379
Last Close 12/28/2011
.04
Friday December 30 2011 - In the News

 

 

Lawrence Roulston, in the Dec. 21, 2011, edition of Resource Opportunities, tells readers why to buy Yale Resources Ltd., recently 3.5 cents. This is the first time he has recommended the stock. Yale, Mr. Roulston explains, using two of his favourite business buzzwords, is a "prospect generator" with several gold and silver projects in Mexico. A glorified property vendor, the company acquires early-stage projects with potential and brings in joint venture partners to finance work. Its Urique project is just north of Goldcorp Inc.'s El Sauzal gold mine, at which Goldcorp has produced over 1.5 million ounces of gold at a low cash cost. Another promising property is Guadalupe, located eight kilometres north of Fresnillo, which he calls one of the most productive silver mines in the world. Although JV partners are financing much of the work on Yale's properties, the company continues to face a chronic shortage of capital. Still, Mr. Roulston says, Yale boasts multiple projects with substantial discovery potential as well as a "strong geological team," the writer's favourite compliment. He believes the company's current share price offers "an attractive entry level."

[cecilhenry]

  My hope for Yale for 2012 is based on the internal performance of the company.  I hope they can show significant drill results at Guadalupe and Urique, and hopefully find and option a couple of new exploration projects.   I say that because there is no hope in the junior markets this year to help lead the stock higher.  There is zero volume interest in Yale right now and