$8.50 one-year target price These price targets are, well......moving targets. If gold does what Sinclair is projecting within the next 30 days (Commercial`s piling on the longs creating a launching pad to $3500 +), every analyst and their dog will be adjusting their price targets well into the double digits. Rahill-Bonanza could easily command this $8.50 target price alone.
Ovais Habib, Scotia Capital (2/25/13) "Premier Gold Mines Ltd. announced the acquisition of a 100% interest in the Broulan Reef project in Red Lake. The Broulan Reef project is located immediately west of the Rahill-Bonanza joint venture property (51% Goldcorp Inc., 49% Premier) and south of Goldcorp's Bruce Channel deposit. . .we rate Premier Sector Outperform with a CA$8.50 one-year target price."