The Globe and Mail reports in its Friday edition that Desjardins's Frederic Tremblay is sticking with his "buy" recommendation for Patriot Battery Metals. The Globe's David Leeder writes that Mr. Tremblay trimmed his share target by $1.50 to $16.50. Analysts on average target the shares at $14.38. While Mr. Tremblay gleaned little new information from a presentation on Tuesday from Patriot Battery chief executive officer Ken Brinsden, he says it "offered a solid overview of the progress made so far, as well as future milestones at Corvette, which we continue to view as a world-class project within the burgeoning North American lithium supply chain." Mr. Tremblay says in a note: "Corvette remains a top 10 resource globally based on its July 2023 maiden resource estimate of 109.2mt at 1.42-per-cent Li2O inferred for the CV5 pegmatite. Completion of an 80-room camp and an all-weather road between the Trans-Taiga Road and CV5 will support lower costs of drilling and exploration activities. Patriot Battery is on track to deliver an updated resource estimate in August, 2024, which is expected to include growth of the resource base and an increase in resource confidence at CV5 from the inferred to the indicated category."