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Tuesday, 11/01/2011 6:37:12 PM

Tuesday, November 01, 2011 6:37:12 PM

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Chris Thompson, Haywood Securities (6/10/11) "Monterde offers Kimber Resources development-stage leverage to gold with significant value from a silver credit, which may potentially overshadow gold in the early years of the project's mine life. . .we initiate coverage with a Sector Outperform rating and look for results from a 30,000m-plus reverse circulation and diamond-drill program to expand and upgrade resources and drill test new exploration targets, culminating in a prefeasibility study anticipated in Q411."

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