(3/1/12)
"Our Speculative Buy recommendation and
12-month CA$1.75/share target price on
Prodigy Gold Inc. is based on our view of
the company's potential upside as an undervalued developer
with an above-average gold project. . .
Prodigy's Magino property is an above average,
bulk mineable gold project with solid economic potential
in an elevated gold environment.
Sound project characteristics, including metallurgy,
infrastructure and the socio-political jurisdiction,
all contribute to Magino's future development potential. . .
based on our revised valuation and comparative analysis,
we believe that Prodigy's shares are undervalued and
open to upside re-rating."
by Wendell Zerb,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73054911
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