NEW YORK, NY--(Marketwire -09/19/11)- Kipley J. Lytel, CFA and Senior Analyst with New York based Independent Research firm Prime Equity Research, LLC, has initiated research coverage on All American Gold Corp. (OTC.BB: AAGC.OB - News) with a Speculative Buy Rating. The 18 page report details information on the company's business, opportunities and potential. According to analyst Lytel's report: "We Initiate Coverage of All American Gold Corp. ('AAGC,' 'All American' or 'the Company') with a Speculative Buy rating, based on potential for significant developments with respect to ongoing exploration programs and expected ability to achieve discovery milestones over the next two quarters. AAGC is primarily focused on the acquisition and further advancement proving underlying gold resources of mineral properties in Nevada. The Company has various existing holdings in the gold-rich state of Nevada, a state that mines over 75% of all U.S. gold."
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About All American Gold Corp.
All American Gold Corporation is a precious mineral exploration company focused on the acquisition and ongoing exploration of mineral property holdings in the United States. The company has spread its holdings across the state of Nevada, diversifying its investment while using the latest technology and geological resources to select properties in the most promising mineral zones. All American Gold Corp. intends to continue to seek out new opportunities through its experienced and proven geological team.
Additional information concerning All American Gold Corp.'s projects can be found on the company's website at www.allamericangoldcorp.com.
About Prime Equity Research
Prime Equity Research was founded and is managed by a team that has been actively involved in the research and finance industry for over 20 years -- dating back to the origins of corporate-sponsored research. Our business is rooted in principles of integrity and fundamentals-driven markets. Our seasoned pool of equity securities analysts have extensive securities market research experience, and are highly qualified and credentialed CFA (Chartered Financial Analyst) charterholders or MBAs. The research we provide is as comprehensive and unbiased as any on the market. Furthermore, we create strategic partnerships with companies and firms around the world to gain unprecedented domestic and international following of our coverages. Our reports and ratings are used by both institutional and individual investors to obtain accurate, independently-compiled securities data and takes steps to ensure the independence and integrity of published research that exceed those of the CFA Institute Code of Ethics and Standards of Professional Conduct and the CFA-NIRI Guidelines, by following the exacting "Standards for Independent Research Providers," which are also in accordance with guidance set forth by U.S. Securities and Exchange Commission's Advisory Committee on Smaller Public Companies.
Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "optimizing," "potential," "anticipate," "goal," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in All American Gold Corp. filings with the Securities and Exchange Commission. The company notes that the numbers contained in this release are unaudited, and are made in good faith and based on all the financial information available to the company today. Further, past financial business, operations and stock performance are not necessarily indicative of the company's future performance. The opinions expressed in the research report are the analyst's personal views about the company. Definitions of ratings are available to the public and to the analysts. No rating is to be issued that is labeled a recommendation. No analyst may recommend the purchase or the sale of any equity. The analyst is responsible only to the public and this report is not a service to the company. The report is for information purposes and is not intended as an offering or a solicitation to buy or sell the securities mentioned above. Neither the analyst nor Prime Equity Research owns any equity or debt securities in the analyzed company. Analysts are independent contractors and not employed by Prime Equity Research. The analyst is paid in advance to ensure independent and objective opinions are rendered without conflict. All American Gold Corp. paid Prime Equity Research $12,500 for independent equity coverage. The following is from the Final Report of the SEC Advisory Committee on Smaller Public Companies, adopted February 21, 2006: www.sec.gov/info/smallbus/acspc/acspc-finalreport.pdf. "In order to address the need for more independent research for smaller public companies, [the U.S. Securities and Exchange Advisory Committee on Smaller Public Companies recommends] that the Commission: Maintain policies that allow company-sponsored research to occur with full disclosure by the research provider as to the nature of the relationship with the company being covered. Entities providing such research should disclose and adhere to a set of ethical standards that ensure quality and transparency and minimize conflicts of interest."