The Globe and Mail reports in its Saturday, Dec. 10, edition that BMO Nesbitt Burns analyst Andrew Mikitchook began coverage of Osisko Mining ($2.43) with an "outperform" rating, citing the potential of its Windfall project in Northern Quebec. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mikitchook set a price target of $4 for the stock. Analysts on average target Osisko Mining stock at $4.17. Mr. Mikitchook says in a note: "Osisko management has built a track record of exploration and development success including selling the original Osisko for $3.6-billion in 2014. In our opinion, this team is well positioned to aggressively push Windfall in a simultaneous exploration-engineering effort to fast-track a potential development decision in 2018 or 2019. The Windfall project is still in a delineation stage and as such potential engineering development parameters are uncertain creating an intermediate level of risk for Osisko. We would contend that the market is comfortable with management's experience and track record in managing this exposure. ... We expect Osisko to transition into a development story in 2017 post the resource update."