Hi Doc,

BMO came out in Sept with target of $1.35 but withdrew that target when the market went sideways and just put market perform. Target prices are for 12 months out so that is the price targeted for the stock at the point the analyst believe the company will be at developmentally in 12 months. Since this project will take much longer to be at full development than 12 months the the target prices will adjust along the way. If this develops the way many of us here believe then the 12 month target is just a step along the trail we have choosen to trek. But it is one step at a time.

How do you eat an elephant? One bite at a time

as Pipe says Patience

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