Thought I'd have a look at the two latest from 2009.
The Caesars report was 3 pages long, 1 title page, 1 disclaimer page at the end and 1 page half filled with pictures and a couple of small paragraphs.
The Gold Letter International put out their report in December 2009, but also put out an update in May 2010. The update in May 2010 had a lower share price target (20c vs the 30c suggested in 2009). The report is longer than the Caesars one, but looks like mainly a cut and past job with lots of underlining of the JORC and production figure targets.
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