Fundamental Research Corp. Covers Anaconda Mining Inc.

Fundamental Research Corp. has initiated coverage of Anaconda Mining Inc. (TSX:ANX), with a fair value estimate from $0.26 to $0.24 per share.

As quoted in the article:

In our opinion, the mineralization intersected in the recent drilling represents a possible extension of the deposit. This has the potential to expand the open pit shell outline extending the life of the Pine Cove mine.

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Fundamental Research Corp. (FRC) is an independent equity research firm. They provide subscribers with the highest quality fundamental research on smaller cap companies from a value-based perspective. INN has reported on FRC coverage since 2011 and receives compensation for new subscribers referred by INN.