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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (64957)8/15/2019 7:05:01 AM
From: Goose94Read Replies (1) of 203126
 
New Pacific Metals (NUAG-V) but, but, it's in B-B-B-Bolivia! BMO analyst Ryan Thompson began coverage on New Pacific Metals with an "outperform" rating. Mr. Thompson targets the shares at $3.75, which is 25 cents ahead of the consensus.

Mr. Thompson says New Pacific Metals is a "unique silver exploration story." Mr. Thompson says in a note: "Large silver development projects are rare, which we think creates scarcity value for Silver Sand.

This thesis is supported by investments from two major mining companies: Silvercorp Metals (SVM-T, "outperform") and Pan American Silver (PAAS-T, "outperform"). As Silver Sand continues to advance, we see the potential for shares to rerate higher if the market gains a better understanding of the potential scale and economics of the project via delivery of a 43-101 resource estimate at year-end."
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