Next door to NCMTaylor says buy Skyline Gold
2009-03-26 19:49 ET - In the News
Jay Taylor, writing in the March 17, 2009, edition of Gold, Energy & Tech Stocks, tells readers to buy Skyline Gold Corp., recently seven cents. This is the first time he has recommended the stock. Skyline owns the B.C. Bronson Slope project, which hosts a National Instrument 43-101-compliant resource of 2.6 million ounces of gold. Mr. Taylor says a recently completed preliminary assessment for Bronson Slope suggests potential for a highly profitable gold, copper, silver, molybdenum and magnetite mine. The newsletter writer notes Skyline has a licence for three run-of-river hydroelectric projects, which it could use as a power source for Bronson Slope. Skyline's chairman and chief executive officer is Cliff Grandison, former president of Coast Mountain Power, and its president is David Jensen, who is focused on moving Bronson Slope through to feasibility stage and mine construction. Mr. Taylor believes the risk/reward balance of Skyline is "extraordinarily favourable" for speculative investors. He thinks buying this stock is a "no brainer."