Second most active in Toronto today. A favourite name on the street in a mid-sized Gold company. He did well and got stopped out of it.
(Market Call Minute.) Making an acquisition and will get production from about 150,000 ounces to 250,000 ounces of gold and ultimately going to 700,000 ounces in about 5 years.
Took profits because it is approaching fair value. Would not have trouble holding it now. Good solid company. Hats off to their management – they have delivered. He has not found the up and coming new gold company to buy yet. Gold is not as exciting as tech.
Has this as an “Outperform” with a target price of $5. Well managed.
Likes this company. He has it as an outperform with a target of $6. Very good management. Likes what he sees in Nicaragua and their government.