NR: Byron Capital Markets Initiates GWG at Speculative Buy and $1.15 target

Welcome to the Great Western Minerals Group HUB On AGORACOM

Great Western Minerals Group Ltd. is a Saskatchewan-based junior exploration company. GWMG is engaged in the acquisition, exploration, and development of rare earth mineral properties in North America.

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NR: Byron Capital Markets Initiates GWG at Speculative Buy and $1.15 target

posted on May 31, 2010 12:49PM

Byron Capital Markets Initiates Great Western Minerals at Speculative Buy and C$1.15 Target Price

TORONTO, ONTARIO, May 31, 2010 (MARKETWIRE via COMTEX News Network) --

Byron Capital Markets, a division of Byron Securities Limited, is pleased to announce that it has initiated coverage on Great Western Minerals Group Ltd. (TSX VENTURE: GWG) with a Speculative Buy rating and a target price of $1.15.

In this 16-page research report, analyst Dr. Jon Hykawy gives a comprehensive overview of the company, with specific focus and commentary on their portfolio of rare earth element properties, combined with processing capacity of rare earth elements from concentrates mined by others.

This report further exemplifies Byron Capital Markets' continuing commitment to research and, in particular, its ongoing efforts in the Electric Metals space.

Contacts: Byron Capital Markets Cyrus Osena 647-426-1675 cosena@byroncapitalmarkets.com

SOURCE: Byron Capital Markets

mailto:cosena@byroncapitalmarkets.com

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