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Bullboard - Stock Discussion Forum Sulliden Gold Corporation Ltd T.SUE.WT

TSX:SUE.WT - Post Discussion

Sulliden Gold Corporation Ltd > New Jennings Report
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Post by retiredcf on Jul 26, 2011 8:02am

New Jennings Report

Jennings Capital have initiated coverage of SUE with a Speculative Buy Rating and a 12 month price target of $4.25 based on 1.5 times their NAV of $2.66. Among other things, it mentions that the company is well funded and with its resource open in all directions, with multiple nearby targets and +100,000 m of drilling planned over the next 18 months.
Comment by play_n_lay on Jul 26, 2011 12:33pm
wow!! great read!! free for those who register https://www.jenningscapital.com/index.php/research/ one very interesting note....at a gold price of 1550$/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 ...more  
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