The Globe and Mail reports in its Friday, Aug. 29, edition that National Bank Financial analyst Mohamed Sidibe, touting the potential of Founders Metals' Antino gold project in Africa, commenced coverage with an "outperform" rating, seeing it as an "attractive" potential target for larger peers. The Globe's David Leeder writes in the Eye On Equities column that on Tuesday, B2Gold revealed it has expanded its position in Founders Metals by purchasing an additional 1.17 million shares through the open market, raising its interest to about 6 per cent. Mr. Sidibe says Founders' ongoing and fully financed exploration program is "rapidly advancing multiple high-grade discoveries, where consistently strong gold intercepts point to both scale and grade." Mr. Sidibe set a share target of $6. Analysts on average target the shares at $9.38. Mr. Sidibe says in a note: "Our conceptual DCF on Upper Antino highlights an attractive and economical 330 koz producer at AISC below $900/oz in the lowest cost quartile and at a conservative initial capex of $1.3-billion benchmarked to recent builds and studies on projects within the Guiana shield. ... We expect it to attract the interest of larger companies within the space."