TSX:SUE.WT - Post by User
Comment by
play_n_layon Jul 26, 2011 12:33pm
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Post# 18873934
RE: New Jennings Report
RE: New Jennings Reportwow!! great read!! free for those who register
https://www.jenningscapital.com/index.php/research/
one very interesting note....at a gold price of 1550$/oz the analysts forecast price is actually 5.49$/share. Much higher then the 4.25$ the initated their buy at.
They view the political risk as extremely low
"
We would regard any continued weakness in SUE shares associated with political changes in Peru
as temporary and a buying opportunity"
They also feel that based upon the 10 twin holes already drilled (20 planned), we can expect to see resource grades increase by 50%!!!! The actually drill results showed 57% average increae, however they are being concervative. If the analysts expectations hold true, we should see a significant resource increase, with very little additional drilling required. $$$$
Lets not forget they already extended the oxide depth by a 50 meter delta (50% increase) as per our last NR.
Very excited for the NR's we should see in the near term and throughout the fall.
GLTA
PS. If anyone wants a copy of the report because they don't want to give their information to jenings PM me with your email and I'll send it to you