Teryl Resources, TRC.V / TRYLF
OxBridge Research, a leading provider of investment research and investor relations services, today announced that it has initiated coverage of Teryl Resources with a price target of 14 cents.
Teryl Resources is a Junior Gold Mining company with assets in Fairbanks Mining District in Alaska and British Columbia. The Fairbanks Mining District is one of Alaska’s largest gold producing areas – gold production of over 40 million ounces.
The 31 page Report covers, Teryl’s properties, its various Joint Venture partners including Kinross Gold Corporation (KGC) and Linux Gold Corp. (LNXGF) and future Gold market outlook.
The full Report is available for download for FREE at http://www.oxbridgeresearch.com/ and http://www.terylresources.com/ in addition to this Initiation Report, OxBridge Research will also provide ongoing coverage and event-based research updates on the Company.
Company Description
Teryl Resources Corp., TRC.V, is an early stage Canadian junior precious metals acquisition, exploration, and development company which holds interests in gold and silver properties in Alaska and British Columbia, Canada. Click here for complete Executive Summary
The Company is an accomplished explorer with a proven track record of exploration, development, and marketing its properties to mining majors. The Company has three properties in Alaska and one property in British Columbia. Teryl’s properties in Alaska are in the Fairbanks Mining District and include the West Ridge Property, Fish Creek Property, and Stepovich Property. Learn more about Teryl’s strategy, see the Investment Highlights
The Fairbanks Mining District is one of the largest gold producing areas in Alaska. In 2011, Teryl sold its 20% stake in Gil Properties to Kinross Gold for US$15 million. see Teryl’s Valuation
The Company’s single property in British Columbia is its Silverknife Property. Teryl also has oil and gas properties in Texas and Kentucky. To date, Teryl has spent over $2.2 million on exploration of its properties. Find out why the Analyst thinks the stock is undervalued, read Investment Thesis now
Sources: Teryl Resources Corp., Kinross Gold Corp., Linux Gold Corp., SilverCorp.
Forward-looking statements:-The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements, including those described in the Company’s Financial Statements, Management Discussion and Analysis and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com, and the Company’s 20-F annual report filed with the United States Securities and Exchange Commission at www.sec.gov.
This profile/research report/email letter/blog/posting in forums/social-media/t/f does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities of the Company have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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