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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (41695)	4/11/2018 8:31:17 AM
From: Goose94	Read Replies (1) of 202705

Allegiant Gold (AUAU-V) Spec Buy - Beacon Securities analyst Michael Curran says Allegiant Gold shares are an "attractive" investment, citing its "exploration success, with quality exploration (with extensive experience and gold discoveries) working in a low political risk jurisdiction." Mr. Curran began coverage with a "speculative buy" rating and 90-cent share target. Allegiant was recently spun out from Columbus Gold (CGT-T). Mr. Curran says in a note: "Allegiant controls the entire portfolio of Nevada properties accumulated by Columbus Gold (via Cordex) over the past decade or so. We feel several of these properties have above average potential for new gold deposit discoveries. Over the past several years, this U.S. portfolio, which took a backseat to the primary exploration efforts of Columbus Gold in French Guiana, can now get the attention they deserve as a separately-listed exploreco. We find Allegiant to be in the enviable position of having several properties that are drill-ready. Two drills are currently active at the Eastside project, with the goals of both increasing gold resources and reducing the strip ratio in the proposed open pit."

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