Guyana Gold Corp. Rated 'Speculative Buy,' Target Price $1.50 by Beacon Equity Research
June 25 2008 - 5:16PM
Business Wire
Guyana Gold Corp. (Pink Sheets: GYGC) has been rated Speculative
Buy with a price target of $1.50 by Beacon Equity Research Analyst,
Lisa Springer, CFA. The full report is available at
http://www.BeaconEquity.com/reportsonline/GYGC Anyone interested in
receiving alerts regarding Guyana Gold Corp. research should e-mail
members@beaconequity.com with �GYGC� in the subject line. In the
report, the analyst writes, �We believe GYGC is well-positioned for
consistent double-digit revenue and earnings growth over the next
several years as a result of steadily rising production from the
Company�s Port Kaituma joint venture project, soon-to-be closed
gold claim acquisitions and a lean corporate overhead structure �
Thereafter, we expect the Company�s revenues to grow at least 20
percent annually over the next five years as a result of production
gains at Port Kaituma and successful exploration efforts at
soon-to-be-acquired Barima-Waini gold claims.� Other companies in
the alternative energy industry include Newmont Mining Corp. (NYSE:
NEM), Barrick Gold Corp. (NYSE: ABX) and IAMGOLD Corp. (NYSE: IAG).
Beacon Equity Research Disclosure The analysts contributing to this
report do not hold any shares of GYGC. Additionally the analysts
contributing to this report certify that the views expressed herein
accurately reflect the analysts' personal views as to the subject
securities and issuers. The analyst(s) writing this report
recognize and aspire to all of the CFA Institute Guidelines for
Independent Research. Beacon Equity Research (�Beacon�) certifies
that no part of the analysts' compensation was, is, or will be,
directly or indirectly, related to the specific recommendation or
views expressed by the analysts in the report. Beacon and its
affiliates have been compensated a total of forty five thousand
dollars from Alex Consulting for enrollment of GYGC in its research
program and other services. This report is based on data obtained
from sources we believe to be reliable, but is not guaranteed as to
accuracy and does not purport to be complete. As such, the report
should not be construed as advice designed to meet the particular
investment needs of any investor. Any opinions expressed herein are
subject to change.
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