Grandich Client Donner Metals
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December 02, 2011 02:56 PM
A copy of Haywood’s 52 page report “A New Zinc Producer Hidden In Xstrata’s Shadow” with initiation of coverage on Donner Metals, which includes a target price of $0.40, is in the link below. It emphasizes both the near-term production beginning in 13 months as well as the potential to expand to 8+ years on known reserves and potential to expand around the Bracemac-McLeod deposit.
Last week’s Quebec Exploration Conference had a great turnout, including the Premier of Quebec Jean Charest who spoke about the importance of the Plan Nord
http://plannord.gouv.qc.ca/english/ an initiative which will lead to over $80 billion in investments over 25 years. Of the 11 projects currently underway, Donner/Xstrata’s Bracemac-McLeod Mine will be among the first in full production under the new Plan Nord.
Haywood report*
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