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Disclosure Requirement
Red Cloud Securities Inc. is registered as an Investment Dealer in all Canadian provinces
and territories, and is a member of the Investment Industry Organization of Canada
(IIROC). Part of Red Cloud Securities Inc.'s business is to connect mining companies with
suitable investors. Red Cloud Securities Inc., its affiliates and their respective officers,
directors, representatives, researchers and members of their families may hold positions in
the companies mentioned in this document and may buy and/or sell their securities.
Additionally, Red Cloud Securities Inc. may have provided in the past, and may provide in
the future, certain advisory or corporate finance services and receive financial and other
incentives from issuers as consideration for the provision of such services.
Red Cloud Securities Inc. has prepared this document for general information purposes
only. This document should not be considered a solicitation to purchase or sell securities or
a recommendation to buy or sell securities. The information provided has been derived
from sources believed to be accurate but cannot be guaranteed. This document does not
take into account the particular investment objectives, financial situations, or needs of
individual recipients and other issues (e.g. prohibitions to investments due to law,
jurisdiction issues, etc.) which may exist for certain persons. Recipients should rely on their
own investigations and take their own professional advice before investment. Red Cloud
Securities Inc. will not treat recipients of this document as clients by virtue of having
viewed this document.
| Status | % |
|---|---|
| BUY | 73% |
| BUY (S) | 23% |
| HOLD | 0% |
| SELL/Tender | 0% |
| NA | 3% |
| Under Review | 1% |
Recommendation Terminology
Companies with BUY, HOLD or SELL recommendations may not have target prices associated with a recommendation. Recommendations without a target price are more speculative in nature and may be followed by “(S)” or “(Speculative)” to reflect the higher degree of risk associated with the company. Additionally, our target prices are set based on a 12-month investment horizon.