The Globe and Mail reports in its Friday edition that Paradigm Capital analyst David Davidson says Los Andes Copper "is well positioned to advance the clean copper project to a constrained market." The Globe's David Leeder writes in the Eye On Equities column that Mr. Davidson calls Los Andes Copper's Vizcachitas project in Chile "a low-risk, moderate-grade copper story" in "the most prominent copper-producing country in the world." Mr. Davidson commenced coverage with a "speculative buy" rating and $1.15 share target, 31 cents below the consensus. Mr. Davidson says in a note: "We view Los Andes as being undervalued. While all development companies are accompanied with multiple risk factors we consider Vizcachitas an attractive project for a number of reasons: Chile is a mining friendly jurisdiction that offers reduced environmental and permitting risk; it is surrounded by operating majors; the development capital required for infrastructure is minimized -- an important factor considering initial capex estimates can be major deterrents for explorers and developers; and the ore body holds low levels of deleterious elements, which will result in more cost-efficient processing methods and cleaner copper concentrate."