RE:Dundee: Buy (Top Pick) rating and $2.00 target for TrevaliThank you "shakerman" for this update from Peru, I was wondering how the site visit was going. This is very good news, imo!
The discovery of that new zone : "TV has discovered a new zone which runs parallel to Magistral South
called Pariatembo, is a whole new discovery it appears", as far as being mentioned publically. Those expanding depths and grades in the mineraqlized zones make it sould like one of the biggest ZN PB AG deposits in the World potentially. And to state they havent even factorded into account the Fatima and Rosa zones into the $2.00 price target sures adds more potential.
With NB progessing very well, and even stockpiling ore ( money in th ebank all but ) bodes well, and should make for an exciting site vist in October with more upbeat tones perhaps.
I would wager we'll see new price tagets in the mid C$2's by year end.
With Teck after Red Dog in AK seems a scramble is on for zinc resources in advance. Glencore might just make TV an offer and Glencore putting financing in now. Maybe a "triple play" here in 12 mos.
Key phrase in article : | Bottom Line: TV is the best vehicle for zinc leverage on the TSX. | |