Red Cloud is discontinuing coverage on the following companies: Canagold Resources Ltd. (TSX:CCM) – (was BUY, C$1.40 target, Taylor Combaluzier; D2 Lithium Corp. (TSXV:DTWO) – (was BUY (S), Alina Islam, David A. Talbot); EV Nickel Inc. (TSXV:EVNI) – (was BUY (S), C$1.00 target, Taylor Combaluzier); Graycliff Exploration Ltd. (CSE:GRAY) – (was BUY (S), Taylor Combaluzier); Klondike Gold Corp. (TSXV:KG) – (was BUY, C$0.40 target, Taylor Combaluzier); Pasofino Gold Ltd. (TSXV:VEIN) – (was BUY, C$1.90 target, Timothy Lee); Vox Royalty Corp. (TSX:VOXR) – (was BUY, C$7.30 target, David A. Talbot). The decision to discontinue coverage is based on a reallocation of analyst resources and does not reflect any known change in the covered companies. Our previous estimate, target and recommendation should no longer be relied upon.
West Red Lake Gold Mines Ltd. (TSXV:WRLG) – Restarting the High-Grade Madsen Gold Mine in Red Lake
We are initiating coverage of West Red Lake Gold Mines Ltd. (TSXV:WRLG) with a BUY rating and C$1.85/sh target price. West Red...