There is a brand new folder on the Century website, titled ``Analyst Coverage`` (I don`t recall seeing it before). It is completely blank at this time though. Hopefully it was set up in anticipation that we will finally get analyst coverage at some point after we start production at Lamaque.
Naturally, it would be nice to have North American based analyst coverage, especially ones focused in Toronto (the financing capital for the world for mining companies). However, Century should try to reach out to some Moscow based analysts as well. They will all be well familiar with Finskiy, and his extremely successful reputation of building(and leading) major mining and investment companies.
Century should try to connect with maybe Olma Investment Company. Their coverage appears to be very objective. I have been very impressed with them. They provide a target price based on their detailed findings and analysis, regardless of whether it goes against the historical market perceptions or share price manipulations or suppressions. Also, Alfa Bank may also be a good one to try (although I have less recent knowledge about them). Alfa Bank is the largest privately owned bank in Russia. They may be somewhat objective also.
1 comment:
Here is one coverage that came out today, it values Century at $4.43 per share! Here is the link:
http://www.goldminerpulse.com/blogs/century-mining-valuation.php
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