GREY:KXLAF - Post by User
Post by
bil40on Mar 02, 2012 8:41pm
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Post# 19621075
Expert Analysis
Expert Analysis Expert Analysis
Wendell Zerb, Canaccord Genuity (3/1/12) "Our Speculative Buy recommendation and 12-month CA$1.75/share target price on Prodigy Gold Inc. is based on our view of the company's potential upside as an undervalued developer with an above-average gold project. . .Prodigy's Magino property is an above average, bulk mineable gold project with solid economic potential in an elevated gold environment. Sound project characteristics, including metallurgy, infrastructure and the socio-political jurisdiction, all contribute to Magino's future development potential. . .based on our revised valuation and comparative analysis, we believe that Prodigy's shares are undervalued and open to upside re-rating."