Ron Stewart, P.Geo., has over three decades of experience in the mining industry and is currently senior mining analyst with Dundee Securities. He was formerly a research analyst of metals and mining with Macquarie Equity Research, CEO of Belo Sun Mining and senior vice president of exploration at Kinross Gold.
Red Cloud Securities analyst Ron Stewart initiates coverage of Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB), citing significant undervaluation of the company's 2.3-million-ounce Clarence Stream gold project in New Brunswick and the Estrades gold-base metal project in Quebec. Read on to see his rating and price target.
Galway Metals Ltd.'s (GWM:TSX.V; GAYMF:OTCQB) agreement with Dowa Metals will allow for drilling of Estrades, already with a mineral resource estimate and with exploration potential, noted a Red Cloud Securities report. Keep reading for the details of the arrangement and near-term plans for the asset.