Paradigm Capital Initiates Coverage of RV

DON BLYTH, Paradigm Capital Inc. (04/18/2011)
"Revolution Resources has secured a substantial land package (>7,500 acres) in the Champion Hills area of North Carolina, in the vicinity of the regional Carolina Slate Belt (CSB); initial results from Phase I drilling (Jan 2011) on the Loflin and Jones‐Keystone properties returned encouraging results (70m at 1.10 g/t). With the large land package, we expect exploration drill news to continue to flow in the coming months; we view Revolution as the best‐positioned in this region of NC due to successfully securing a very large land package with evidence of historical mining and highly prospective targets on all its properties. . .we are initiating coverage with a Speculative Buy rating and CAD$1.30 target price."

 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: