SFF vs BAT IMO - It's just a matter of time before SFF starts to benefit from new like this....BAT seems to be rallying back after a breif drop to the 80's.
Globe says Batero Gold boosted to "outperform"
Batero Gold Corp (C:BAT)
Shares Issued 49,760,594
Last Close 3/15/2012
.92
Friday March 16 2012 - In the News
The Globe and Mail reports in its Friday, March 16, edition that Raymond James analyst Gary Baschuk has turned bullish on Batero Gold (92 cents). The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Baschuk has hiked his rating on Batero Gold to "outperform" from "market perform." The analyst, however, continues to target the stock at $1.45. The Raymond James stockpicker believes investors this week overly punished Batero Gold after it provided a technical report for its Quinchia project in Colombia that underdelivered on the expected total contained gold ounces. Mr. Baschuk says, "We believe the low share price provides an opportunity to participate in a good exploration project in a highly endowed gold region." The Eye column reported on Jan. 26, 2010, that unnamed Canaccord Genuity analysts recommended buying Batero Gold. The Globe noted in the item that Batero Gold was a favourite pick among analysts at Canaccord. The analysts gave Batero Gold a target price of $6.25 in new coverage. The stock could then be had for $2.57. Canaccord analyst Nicholas Campbell reiterated his "speculative buy" recommendation on Batero Gold in the Eye column on Jan. 17, 2011, when it could be had for $2.16.
© 2012 Canjex Publishing Ltd.