BALTIMORE, Maryland, March 6, 2014 /PRNewswire/ –
Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, has issued a new company research report on DNA Precious Metals, Inc. (OTCQB:DNAP). DNA Precious Metals, Inc. is a developing gold and silver mining and production company with exploration properties located in Portneuf County, Quebec, Canada about 50 miles northwest of Quebec City. DNA has 65 mining claims on approximately 1500 acres of these sites.
Goldman Small Cap Research believes that DNA Precious Metals has a first-mover advantage over other firms in the region. DNA is one of the first companies to start projects in Quebec, in an area that has just recently been re-opened to mining exploration. The Montauban region is a historically rich mining area with proven past exploration.
In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
“DNA is the only mining company in Canada with a primary focus on bringing a tailings residue site into commercial production. DNA is taking a unique approach by focusing on the extraction of gold and silver from of approximately 2.5 million tons of mining residues, not high grade ore. This presents a very viable low cost alternative to traditional methods. With its focus on exploitation rather than exploration, DNA can achieve production cash flow faster than many of its peers since a tailings residue site with a mineralized gold and silver deposit has a low capital cost. Given the total resource potential, including measured resources, inferred tailings and near surface resources, the economic potential is great, with an estimated $234M in gold, silver and mica.”
“With the infrastructure, processing, and most of the permitting in place, DNA Precious Metals is on the cusp of commencing gold and silver production in the coming months.”
This press release contains excerpts from out most recently published report on DNA Precious Metals, Inc. and was prepared for informational purposes only. To view our sponsored DNA Precious Metals, Inc. report, disclosures and disclaimers, or to download the report in its entirety, please visit http://www.goldmanresearch.com/.
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs Co.
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About DNA Precious Metals, Inc.: DNA Precious Metals, Inc. is focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets. The company trades on the OTCQB market in the United States under the stock symbol DNAP.
For more information visit: www.DNAPreciousMetals.com.
Goldman Small Cap Research
Rob Goldman, Analyst
SOURCE Goldman Small Cap Research