Dundee actually lowered it's target to $5 from $5.30 about four months ago. The stock has since moved up on the top picks list to the first company mentioned.

Osisko Mining Corporation (OSK) joins our Top Picks this week, replacing Perseus Mining (PRU). Rounding out our list are:San Gold Corporation (SGR), Rockgate Capital (RGT), Western Copper (WRN), Allied Properties REIT (AP.UN), Baytex Energy (BTE), Bankers Petroleum (BNK), Surge Energy (SGY), Tamarack Valley Energy (TVE), Fortress Paper (FTP), Sino-Forest (TRE), Allana Potash (AAA) and Agrium Inc (AGU).

We view the potential of the Rice Lake property to be far greater than that presently
quantified, and believe further exploration will likely result in the discovery of
additional high grade mineralization located beneath and parallel to the known zones.
The stock currently trades at a discount to its peers and our NAV estimate of
C$4.99/share, and we believe additional discoveries and a continuing ramp-up in
production should propel the share price higher.