The Globe and Mail reports in its Friday, Aug. 25, edition that National Bank Financial analyst Mike Parkin has reaffirmed his "outperform" recommendation and $21.25 share target for Alamos Gold. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $19.26. Mr. Parkin says Alamos Gold's updated feasibility study for its Lynn Lake project in northwestern Manitoba "proves positive." Mr. Parkin says his value assessment of the project has risen by 24 per cent, seeing "more than offset by the longer mine life due to the larger reserve base and higher initial production during the early years of the project." Mr. Parkin says in a note: "We also remain encouraged by recent exploration success at Lynn Lake, which was not incorporated in the updated FS [feasibility study], but in our view, clearly shows the potential for additional upside. Based on our long-term gold price of $1,600 (U.S.) per ounce, we estimate that adding additional years to the mine plan could add on average $125-million in annual FCF [free cash flow]. In our opinion, Lynn Lake is already at a level that would warrant development thanks to the solid base case economics."