The Globe and Mail reports in its Tuesday, March 3, edition that Stifel analyst Cole McGill sees the "risk/reward slanted to the upside for junior precious metal producers via I) deleveraging, ii) financing/constructing meaningful growth projects with competitive capital intensities and strong internal rate of return and iii) mine life extension opportunities." The Globe's David Leeder writes in the Eye On Equities column that Mr. McGill recommends GoGold Resources, which he rates "buy," with a $5.25 share target. Analysts on average target the shares at $4.75. Mr. McGill says in a note: "GoGold Resources' Parral project [Chihuahua, MX] is a proven, steady state operation, and a significant FCF contributor ($60-million pa @ spot) to minimizing forward dilution for the portfolio 'prize' in Los Ricos [Jalisco, MX] -- an asset that we think can benefit GoGold's equity holders from significant multiple expansion toward production. With Parral operatorship lowering LRN execution risk, we see a pathway to 10MMoz AgEq by 2029 (500-per-cent growth), where comparable production profiles traditionally trade 1.20 times P/NAV (GGD current 0.59 times). Key risks include receipt of federal environmental permit."