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


To: Goose94 who wrote (96773)10/29/2020 3:14:40 PM
From: Goose94Read Replies (1) | Respond to of 203376
 
Sun Peak Metals (PEAK-V) Paradigm Capital analyst Don MacLean began coverage "speculative buy" rating. Mr. MacLean is currently the lone analyst covering the stock. He set a share target of $2.

Mr. MacLean says in a note: "Over the years, we have learned that the most important ingredients for a successful exploration equity are a strong exploration team; promising property package; good backing; and luck.

Sun Peak Metals is a promising new gold-copper VMS exploration play in Northern Ethiopia. Led by an experienced geological team, Sun Peak's large Shire project has the same geology and physical terrain as the VMS region of Eritrea just to the north, where the team was involved with two major VMS discoveries. Yet, the southern extension of this region, in Ethiopia, has seen little exploration.

Sun Peak has identified 24 priority targets thus far. The first drill program was quite promising but cut short by COVID-19. An 18-kilometre drill program began in October. We should have a good sense of the potential within 6–9 months. Grassroots exploration like this is high risk, but the odds are strongly in Sun Peak's favour."