RE: RE: Macquarie Downgrade Regarding Clifton Star, please refer to pages 6 & 7 of their most recent MD&A
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00004686
Clifton Star had until Dec 1 to notify Osisko that they would access the loan - maybe they decided not to, which would be bad business on Clifton's part. I asked Osisko about this situation and did not receive a reply.
Regarding the Macquarie downgrade - companies don't give away their research for free. And with Macquarie being so small and with almost no retail presence they don't get picked up in the press much. But their covering analyst is named Michael Spierco. Give him a call. Maybe do your own research for once.
Cormark reiterated their price target of 14 if anyone cares.
Or maybe we should wiait until Sharpie gets confirmation of that.