The Financial Post reports in its Friday edition that Detour Gold's ($7.01) efforts to start its 100-per-cent-owned Detour Lake mine in Northeastern Ontario are getting some positive responses from analysts. The Post's Jonathan Ratner writes in the Trading Desk column that Desjardins Securities analyst Michael Parkin hiked his rating on Detour to "top pick" from "buy." The analyst is convinced the quality of the mine is higher than previously thought. Mr. Parkin's estimates point to a discounted cash flow valuation of $3.4-billion for the mine, equivalent to $22.71 per share, based on a 5-per-cent discount rate and a $1,338 gold price over the life of the asset. Mr. Parkin continues to believe Detour needs to raise about $75-million. Credit Suisse analyst Anti Soni raised her target price on Detour to $7 from $5 as a result of the miner's updated plan. In a note clients Ms. Soni says: "Ramping up a large scale mine is challenging and our current focus is on near-term cash flow. We expect further ramp up data releases to provide a better understanding of ramp up progression." Clarus Securities analyst Jamie Spratt said buy Detour in the Post on May 9, 2013, when it could be had for $12.32.