Metalico MEA

Recommendations for April 4, 2007 - Concorde

[investorbling]

Concorde

Shore Gold Inc. | Graeme Currie, SGF : TSX : C$6.37 | C$1,127.5M | Hold ↓, Target C$7.25 ↓

• Initial LDD results from Orion North below expectations

Gammon Lake Resources Inc. | Wendell Zerb, GAM : TSX : C$20.38 | C$2,140.0M | Hold , Target C$19.85 ↑

• Forward looking production key: FY06 financials neutral

Premier Gold Mines Ltd. | Graeme Currie, PG : TSX : C$2.48 | C$146.3M | Speculative Buy , Target C$3.00 ↑

• Red Lake exploration update

Amtelecom Income Fund | David Lambert, AMT.UN : TSX : C$14.65 | C$106.3M | Buy , Target C$15.50 ↑

• Bell Aliant is the natural buyer despite Bragg Communications bid; Raising target price

Research In Motion Ltd. | Peter Misek, RIMM : NASDAQ : US$140.83 | US$26,732.5M | Buy , Target US$180.00

• Q4/F07 Preview

Sandvine Corporation | Peter Misek, SVC : TSX : C$3.56 | C$441.7M | Buy , Target C$4.50

• Q1/F07 Preview

Cytyc | Matthew Scalo, CYTC : NASDAQ : US$34.94 | US$4,000.0M | Buy , Target US$40.00 ↑

• Adeza & Adiana Acquisitions Closed -- Synergies Likely; Raising PT to $40

Metalico | Eric Prouty, MEA : AMEX : US$4.56 | US$119.0M | Buy , Target US$6.50

• Small cap metal recycler with big potential; initiating coverage with a BUY rating

Bennett Environmental Inc. | Sara Elford, BEV : TSX : C$0.68 | C$18.4M | Hold , Target C$0.65 ↓

• Q4 results; still no visibility