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Sulliden Gold Corporation Ltd T.SUE.WT



TSX:SUE.WT - Post by User

Comment by play_n_layon Jul 26, 2011 12:33pm
246 Views
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

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