DGC: Potential Takeover Target

JULIEN GARRAN, UBS Securities (04/11/2011)
"Given its market capitalization (CAD$2.B), relative near-production potential (2012–13 startup), lower geopolitical risk profile (Canada) and attractive valuation, we believe Detour would be attractive to a larger producer. We expect the company could gain additional attention from potential suitors as its namesake Detour Lake project is permitted and financed."

 PRINT THIS PAGE   EMAIL THIS PAGE

Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.

Related Quotes: