Post by
marclaurier1 on Jul 28, 2015 1:55pm
Taylor... if it's worth anything
Taylor refreshes Auryn Resources buy 2015-07-27 06:07 ET - In the News Jay Taylor, in the July 16, 2015, edition of Gold, Energy & Tech Stocks, refreshes his buy of Auryn Resources Inc., recently $1.48. Mr. Taylor said buy on March 16, 2015, at $1.25. A $1,000 investment then is now worth $1,184. Auryn recently agreed to acquire North Country Gold, its joint venturer at the 1.1-million-ounce Committee Bay gold project in Nunavut. Its immediate priority will be to try to increase the resource to at least three million ounces. There are plenty of juniors out there trying to build the next big mine, but what sets Auryn apart in Mr. Taylor's mind is its management. The same group previously put together Cayden Resources (which was acquired by Agnico Eagle for $205-million last year), and before that, it was at Asanko Gold, developing the Esaase project in Ghana (which is scheduled to begin production in 2016). Although Mr. Taylor is focusing most of his attention on producing gold miners in today's market, there are a handful of juniors that he is excited about, "and Auryn is among the very top on that short list." He recommends buying the stock at or near current price levels. 2015 Canjex Publishing Ltd. All rights reserved.