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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (93079)	9/8/2020 7:16:31 AM
From: Goose94	Read Replies (2) of 202925

Titan Mining (TI-T) Scotia Capital analyst Orest Wowkodaw upgraded to "sector perform" from "sector underperform" with a 50-cent share target, up from 10 cents and above the 35-cent consensus. Mr. Wowkodaw says in a note: "Titan announced an option agreement to earn up to a 100-per-cent interest in the Mineral Ridge Au Project in Nevada from Scorpio Gold (SGN-T; not rated) for cash payments of up to $42-million. Mineral Ridge is a fully permitted former producing Au camp with 350,000 ounces existing M&I resources. Titan plans to materially grow the resource base via exploration, following the typical road map of the Augusta Group. Mr. Wowkodaw adds, "We are upgrading our rating on Titan given the strategic pivot to Au resource development and our markedly improved valuation."

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