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Premier Gold Mines, which last week released high-grade assay results for its Cove gold project in Nevada, is winning words of praise from Versant Partners analyst Rob Chang. The company not only has high-grade gold projects, it has assets in politically safe jurisdictions and in world-class gold camps often close to mining majors, he said. “We recognize the argument by some that a company with several projects would suffer from a lack of focus. While we generally hold the same opinion for many situations, we could not disagree more in the case of Premier Gold,” he said.
Upside: Mr. Chang reiterated a “buy (speculative)” rating with an 11.50 price target