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Expert Analysis
Killian Charles, Industrial Alliance Securities (5/27/11) "Based on our increased understanding of the Orogrande Shear Zone of the Idaho Gold Project, we move Premium Exploration from our Resource Stock Watch List to full coverage and initiate with a Speculative Buy recommendation and 12-month target price of CAD$1.05. We arrived at the target price through the combined evaluation of three cases (Friday-Petsite, expansions and Buffalo Gulch/Deadwood). . .given the potential for continued discovery of additional ounces of gold above our combined case estimate, we believe that Premium's share price could easily exceed our target."