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Couloir Capital Ltd. is pleased to announce current research coverage on Group Ten Metals Inc. (TSXV: PGE) ("PGE", or "Company"). The report is titled, "Substantial Maiden Resource Forms Cornerstone for Further Near-Term Resource Expansions and Upgrades."
The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal Click on "Sign in / Sign up".
Report Excerpt:
Since our initiating report at the beginning of 2021, PGE has made significant strides, taking its Stillwater West Nickel-PGM project from an exploration property without a delineated resource to its maiden NI 43-101 resource estimation. The major milestone comes off the back of significant exploration campaigns that have taken place in the interim between this update and our initial report, which have culminated in the discovery of significant mineral values across a number of high-growth commodities. With the maiden resource for Stillwater West established, PGE has now advanced in the exploration cycle and our valuation framework for the company requires revaluation, given a new intrinsic valuation driver. Apart from the change in valuation framework, we note that globally M&A for nickel and PGM miners has begun to heat up, which we believe may be the beginning of a super-cycle as major players in the mining industry seek to reposition themselves as suppliers of the metals of the future economy (including nickel and PGMs).
About Couloir Capital Ltd.
Couloir Capital Ltd. is a research and advisory firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd.
For further information, please contact:
Rob Stitt, Managing Director, Couloir Capital Ltd.
Email: rstitt@couloircapital.com
Analyst Disclosure: The analyst and / or affiliated companies hold shares or warrants in the Company.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/112451
