IRVINE, Calif., May 31, 2007 (PRIME NEWSWIRE) -- "When evaluating small cap gold companies, indications of revenue are among the most important insight an investor can receive," stated SmallCap Sentinel analyst D.R. Clark. "These extraction estimates are about as close to a crystal ball as it gets in the junior mining arena."
"To this end, recent news from Dhanoa Minerals (OTCBB:DHNA) would seem to be a positive signal to its investors," Clark added. "Dhanoa announced that it has completed a resource extraction estimate for its three mines in the Bella Rica region of southern Ecuador. First year production (ending in June 2008) is expected to be approximately 100,000 ounces of gold, generating revenues upwards of $68 million, with gold at $680 per ounce. By the end of year two, production is projected to reach 250,000 ounces of gold per year.
A comprehensive research report focusing on Dhanoa Minerals and the gold mining industry has been published by Beacon Equity Research and is available free of charge to the general public. The report will feature detailed information regarding Dhanoa Minerals and address related companies including Kinross Gold (NYSE:KGC), Yamana Gold (NYSE:AUY), and Freeport-McMoRan Copper & Gold (NYSE:FCX).
To view the report in its entirety, please visit: http://BeaconEquityResearch.com
Registration to access the information is free of charge.
Investors interested in receiving research or alerts regarding any of the companies mentioned should email members@beaconequityresearch.com with "Research" in the subject line.
Beacon Equity Research, LLC is a fee-based, comprehensive investment research firm, focusing primarily on the underserved small-cap sector. Please review the relative disclaimers attached to their reports.
The editors of SmallCap Sentinel & StockUpTicks.com will be on site at the World Gold, PGM and Diamond Investment Conference, June 17 -- 18, 2007. More info is available at GoldShow.ca
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All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor and this report isn't investment advice. SmallCap Sentinel and its parent company Market Pathways do not independently verify or guarantee the veracity of the Beacon report and have been paid a fee of $5,000 for the distribution of this information and other advertising services. Please contact Beacon Equity Research directly for more information about the report, its contents, and/or their services. Additionally, MP and/or its affiliates, associates and employees from time to time may have either a long or short position in any securities mentioned. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding subject companies.