The Globe and Mail reports in its Saturday edition that Paradigm analyst Lauren McConnell rates Gold Standard Ventures "speculative buy" in new coverage. The Globe's David Leeder writes that Mr. McConnell targets the shares at $1.50, which is 28 cents under the consensus. Mr. McConnell calls Gold Standard's 100-per-cent-owned South Railroad project in Nevada "straight forward and simple." He says in a note: "We believe Gold Standard Ventures is unique, as there are few undeveloped deposits capable of producing 100Koz per year for a low start-up cost, low project execution risk and attractive upside, and the supply decreases exponentially when a filter limits the search to 'safe jurisdictions.' We believe the proposed development is an intelligent market friendly (low capex, low risk, low cost) option with a robust IRR, within a good jurisdiction (Nevada), and a valuation that offers attractive upside to investors as well as potential acquirers owing to the exploration upside that we see. In addition, we view the project as very much within the capabilities of the company to finance and build." The Globe reported on Sept. 13, 2019, that PI Financial cut Gold Standard to "neutral" from "buy," when it was worth $1.13.