Cormark Securities

Stefan Ioannou, PhD
Analyst, Metals and Mining
sioannou@cormark.com

Haywood Securities

Pierre Vaillancourt, P. Geo
Analyst, Metals and Mining
pvaillancourt@haywood.com

Rating: Buy
Target: C$3.50

PI Financial

Philip Ker, P. Geo, MBA
Precious Metals Analyst

pker@pifinancial.com

Red Cloud Securities

David A. Talbot
Managing Director, Head of Research
dtalbot@redcloudsecurities.com