Equity Research Coverage Reports
Highlands Pacific Ltd (HIG) - Star Mountain Project Advances - Copper/Gold - PNG - www.highlandspacific.com
Thursday, January 12, 2012Star Mountains Project Advances: With the Ramu Project producing and the freecarry at the Frieda River Project the company is focused on progressing the exploration
at the Star Mountains Project.
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Toro Energy Limited (TOE) - Initiation of Coverage - Uranium Project Developer/ Explorer - www.toroenergy.com.au
Wednesday, January 11, 2012Toro Energy Limited (TOE) is an ASX-listed uranium development exploration company seeking to make the transition to producer status. TOE’s flagship Wiluna Uranium Project
in Western Australia has a resource base of 54 million lbs.
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Planet Metals Ltd (PMQ) - Gold/ Copper, Explorer North Queensland
Tuesday, January 10, 2012Planet Metals (PMQ) is a Brisbane-based ASX-listed resource and exploration company,
with a focus on gold and copper. PMQ is in a strong financial position with A$2 million in
cash (representing 3.3 cents per share cash backing) after the 6.5 cents per share capital
return and has no debt. PMQ’s key operations are the Mount Cannindah Copper/Gold Project
(subject to a farm-in agreement with Drummond Gold) and the Mount Borium Gold Project
located in Queensland.
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US Masters Residential Property Fund (ASX: URF) - Initiating Coverage - US Residential Property - www.usmastersresidential.com.au
Tuesday, January 10, 2012The Fund listed on the ASX on 23 July 2012. On 15 June, in light of the upcoming listing the Fund raised A$65.8M, taking the total funds raised by the Fund to
A$165.2M. The Fund is focused on acquiring residential properties located in the New
York metropolitan (Tri-state) area, with a particular focus on Hudson County, New Jersey.
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Potash West NL (ASX: PWN) - Initiating Coverage - Potash/ Phosphate - Western Australia - www.potashwest.com.au
Monday, January 9, 2012Potash West NL (PWN) is an ASX-listed mineral exploration company seeking to make the
transition to producer status. The company’s focus is on potash in Western Australia. PWN dominates tenure in one of the world’s largest glauconite deposits. The tenure extends area of over 2,900km2.
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