BMO Capital Markets Initiates Coverage of Falco Resources

BMO Capital Markets initiated coverage on Falco Resources (TSXV:FPC) and gave the rating of “Outperform” with a C$1.90 target price.
According to the report, “Falco’s 100% owned Horne 5 project is an overlooked 230,000oz/yr gold development project in northern Quebec beneath a past-producing mine. A Q2
feasibility should provide visibility for this project and allow the start of permitting and pre-construction activities, including shaft de-watering.”
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Source: marketexclusive.com