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Fly News Breaks for June 8, 2018
NEM, ABX, GSV
Jun 8, 2018 | 07:12 EDT
BMO Capital analyst Andrew Mikitchook initiated Gold Standard Ventures (GSV) with an Outperform rating and $3 price target, citing a conceptual staged mine development plan and his expectation for exploration upside. In a research note to investors, the analyst says Gold Standard's exploration success, combined with a proven technical exploration team in one of the top mining jurisdictions and in proximity to substantial Barrick (ABX) and Newmont (NEM) mines, suggests the potential for an eventual takeover.