TSX:SUE.WT - Post by User
Post by
nemoraon May 19, 2011 2:26pm
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Post# 18601982
Timing is everything...
Timing is everything...Hope you held onto your shares.
1- Humala is slipping in polls. Recent polls show he has fallen behind Fujimori(widely seen as market friendly.)
2- Updated resource estimate expected in late May - June, and the next one in December 2011.
3- Ongoing drill results every 3-4 weeks.
4- Deep sulphide hole results starting in June.
Shane Nagel, National Bank Financial(4/19/11)......the sulphide resource at depth represents a long-term growth opportunityfor the project and, depending on future drilling success, blue-skypotential for the project could approach 20 Moz. if the current geographic interpretation and limited drilling at depth is any indication......pub/co/1442
5- Listing on the Lima Stock Exchange in June-July.
6- 70,000m of drilling for 2011 and 70,000 - 80,000m drilling planned in 2012.
7- Target Price:
Wellington West Capital Markets $3.15 (12/8/10) Strong Buy
Raymond James $3.20 (4/5/11) Strong Buy
National Bank $3.50 (4/19/11) Outperform
Haywood Securities $3.60 (1/14/11) Outperform
Cormark Securities $4.25 (1/11/11) Buy
Do your own due diligence.
GLTA
Nemora