Reading through a Macquarie note this morning and interesting to see six emerging resources stocks all with an outperform rating
Reading through a Macquarie note this morning and interesting to see six emerging resources stocks all with an outperform rating. Macquarie has just initiated coverage of Sundance Resources (SDL) with an outperform rating and a target price of $0.15 from the current level of $0.10. Interesting to note the rationale they give and the investment catalysts are very much in line with those of John Robertson from EIM Capital (@jrobertson) - see my post from 6 December on the SDL page (VIEW LINK) . Other stocks include two copper plays in Tiger Resources (TGS) and Sandfire (SFR) and low cost gold production via Doray (DRM) that just published quarterly results that beat production and cost estimates. I have read more positive resources sentiment in the past two weeks than I did in the whole of 2013.....
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