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Home > Junior Resource Stocks > Carpathian Gold Inc
The Ubika Research Junior Resource stock watchlist

Carpathian Gold Inc (Symbol:T.CPN)

Company Name: Carpathian Gold Inc.
HQ Location: Toronto, Canada
Company Website: www.carpathiangold.com
Shares Outstanding 286.9 Million
Closing Price (Oct 18, 2010) $0.55
52 week (Low – High) $0.24 - $0.68
Market Cap: $157.8 Million
Average Daily Volume 1.5 Million shares
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The Ubika Research Resource Stock Watchlist is a feature that profiles junior mining stocks. Visitors will discover high potential Canadian mining stocks, the best gold stocks, small cap energy stocks and junior gold companies through this very popular feature.

Share Highlight / 1-Year Stock Chart

Share Highlight
 
Carpathian Gold Inc. - Chart

Business Overview

Carpathian Gold Inc (TSX: CPN) is an advanced stage exploration company focused on the development and exploration of two advanced gold and gold+copper projects in Brazil and Romania with the goal to become a gold producing company in late 2011 or early 2012.

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What is interesting about Carpathian Gold Inc (T.CPN)?

  • A near term gold producer with a significant resource base of 12 million ounces of Au and gold equivalent in two advanced stage projects in Brazil and Romania
  • Additional exploration potential available
  • Given the resource estimate and the advanced state of the project, the market value per ounce of resource is favourable vis-à-vis some of the other exploration companies
  • The production and revenue from Brazilian project could provide cash flow for further exploration expenditures
  • Strong balance sheet: recently announced a bought deal financing for $45 million

Brazilian project

  • Preliminary Economic Assessment completed
  • Company is stating that production to commence in late 2011
  • 100,000 ounces Au/year production is anticipated
  • Strong management team  with experience in exploration and production
  • 100% ownership of the project
  • The Brazilian project called “RDM”  hosts 1.5 million oz of Au (NI 43 101 compliant) is a past producing mine, and is expected to be the first to start production.
  • Significant portion of the resource amenable to open pit operation
  • Brazilian project has good infrastructure and initial development permits are completed
  • 55,000 m of exploration drilling completed in the RDM project.  Company believes there is room to grow resource along strike and depth in this 22,000 hectare property. 
  • Brazilian project has a Net Present Value of $123MM @USD900Au/oz based on PEA study. 
  • Operating cash cost of $428 per ounce of Au and the mine has an initial 7.1 year life with an average annual production of 102,000 ounces of Au

Romanian Project

  • The wholly owned Rovina Valley project in Romania hosts three copper-gold porphyry deposits
  • 10.7 Million ounces of Au equivalent resource
  • PEA study completed with attractive project economics: Cash cost of $379/oz, annual production of 196,000 ounces of Au  and a 19 year mine life
  • Substantial existing infrastructure already in place
  • Exploration upside available

Risks

The commercialization risks associated with developing gold projects are very high. If gold prices were to fall significantly, it can affect the project economics and the value of the resource estimate

Carpathian Gold Inc. News

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Carpathian Gold Inc. may enter into a commercial relationship with Ubika Corporation, Investor Cubed or our affiliates for research coverage and capital market services and may pay fees and or shares or stock options or warrants for being mentioned at smallcappower.com. Hence the highlighted company information is an advertisement only and does not and will not constitute an offer to buy or sell securities in the highlighted company.

Was any fee (either in Cash or in Stocks/Options) paid by the company to smallcappower.com or its principal’s Ubika Corporation and/OR Investor Cubed Inc for providing services No
   
Common Stock/Options Ownership in Carpathian Gold Inc.  
Analyst(s) No
Analyst’s family members No
Analyst’s firm, their affiliates and/or subsidiaries No
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