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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (60461)	6/13/2019 9:51:14 AM
From: Goose94	Read Replies (1) \| Respond to of 202924

Alacer Gold (ASR-T) short and curlies away breaking a new 52

To: Goose94 who wrote (60461)	6/18/2019 9:30:01 AM
From: Goose94	Read Replies (2) \| Respond to of 202924

Alacer Gold (ASR-T) RBC analyst Mark Mihaljevic says Alacer Gold's management "has done a commendable job delivering on expectations to date and mitigating risks during the ramp-up" of its Sulfides project. Mr. Mihaljevic reiterated his "outperform" call, while boosting his share target to $5.50 from $4. Analysts on average target the shares at $4.64. Mr. Mihaljevic says in a note: "With market focus having been (and still is) directly tied to the Sulfides project, we believe the ongoing operational outperformance of the Oxides and potential mine life extension has been largely overlooked by investors. Along with increasing 2019 production on the back of improved guidance, we have also incorporated the potential 20 Mt leach pad expansion, including assumed developed of Ardich as well as modest ongoing near-pit exploration success. While less impactful to overall value than the sulfides, near-mine oxide success can add real value, generate strong returns, and bolster the medium-term production/cash flow profile. Year-to-date, Alacer's shares have materially outperformed precious metals peers."